BUSINESS

Microsoft is evaluating bid for Salesforce but it is not in talks with firm, and no deal is imminent, Bloomberg reports.

US Federal Trade Commission is probing if Apple is misusing its position as largest seller of music downloads through its iTunes store.

Company won't comply with background checks, more insurance.

JetBlue Airlines is the first airline to announce additional flights to Cuba since restrictions were lifted earlier this year.

Cash-strapped government hopes to raise €180m as debt forecast to rise.

US trade gap widened beyond expectations to $51.4bn in March.

FTSE closes at 6,927.58, down -58.37 (-0.84%), as HSBC considers UK exit.

Greece wants exclusive use of term feta for the salty white cheese it produces.

Marks & Spencer has seen its food business flourish over the past few years

Channel 5 has taken over from the BBC as the broadcaster of Football League highlights.

British voters have chosen which business leader they want to become prime minister.

Growth outlook for eurozone improved slightly but Greek fears weigh over Europe.

Saudi Arabia's oil minister Ali Al-Naimi says that only Allah knows where crude prices are heading.

Hacktivists claim they have published the email addresses and passwords of Baltimore City Police officials.

HSBC overcomes Swiss leaks scandal to post surprise hike in profits in first quarter.

German airline reports adjusted loss before interest and tax of €167m, better than €240m loss reported last year.

Affairs website sees sign-ups rise during TV election debates.

Investigation to hinge on misuse of Australia's 417 visa designed for 18-30-year-olds on working holiday.

McDonald's will focus more on franchises after a dip in profit.

Swiss banking major in talks with US Department of Justice to settle allegations.

IMF aid for Iraq could show up in the form of a Rapid Financing Instrument (RFI).

Markets in Japan and South Korea were shut for public holidays.

First time buyers elsewhere in the UK require an annual average wage of £40,553.

The cement makers won approval for the $25bn deal from EU antitrust regulators in December 2014.

Cash withdrawals in April marked the Total Return Fund's 24th successive month of net outflows.

Brother found him hours later lying in gym.

Deal would create one of the biggest retail chains in India with more than 570 stores.

Pension fund's investment clashes with World Bank's stance to avoid investments in unethical and carbon-intensive industries.

Russia looks to pose stiff competition to West-dominated institutions such as IMF and World Bank.