MARKETS

Venezuelan government implements rationing to reduce demand on the national power grid.

In total, banks have forked out only £798m to 5,732 customers

The Balkan country is looking for a deal worth around $1.5bn from the International Monetary Fund.

Vietnam claims China rammed its ships near the Chinese oil rig in disputed waters in South China Sea.

Russian markets are set for their best week since March after President Vladimir Putin backed Ukraine's presidential election.

Barclays announced 19,000 job cuts in total over the next three years

UK's Big Six energy giant said it's selling 40% of its Canadian natural gas business

Finance director Richard Meddings said the bank had seen a 'slight increase' in its staffing levels

Barclays initially aimed to cut 12,000 jobs but investment bank profits tumbled

Stocks and bonds hit seven-week high on apparent softening of hardline stance by Moscow

Whitehall says it will see if the potential deal is in the public's interest but is it right to do so?

Rebels are blocking oil exports from the eastern ports of Ras Lanuf and Es Sider.

If Russia backs a referendum in Donbass it could have dramatic implications on the Ukrainian presidential elections.

Despite the stock price fall Experian posted a rise in profits

Ukraine's interim government allocates $1bn to central bank's foreign currency reserves and the rest to the state budget.

HSBC's first quarter profits have tumbled by 20% as the group continues to try and cut down costs.

Morgan Stanley's wealth management was fined for supervisory failures related to Facebook and Yelp shares

Walt Disney's animated blockbuster pushes the media company's profits higher

Former Burberry boss takes up position at tech giant with 113,000 restricted share options

Germany's economic affairs and energy minister says Europe cannot quit Russian gas

United States looking into the position of a Chinese oil rig that Vietnam says is in its territorial waters

Zero-hour contracts and strikes are taking centre stage but equality in the workplace is still diabolical

Washington to target individuals on both sides of South Sudan's conflict with economic sanctions in the coming days.

The DECC received 173 applications from firms for around 370 blocks

Prime Minister David Cameron's office said jobs and skills base are at stake

EU energy chief says the bloc's stance has hardened on the prospect of exemptions for Russia's Gazprom.

Reuters survey shows young Scots less keen on independence than analysts predicted

Ongoing violence in eastern Ukraine and threat of deeper sanctions put upward pressure on oil prices

Shares are down nearly 4% in early trading