The head of Spains fourth-largest bank, Bankia, promises greater transparency after announcing 3bn-euro losses and asking for a state bailout.
Apples boss, Tim Cook, turns down a payout worth about $75m (£48m) that he was due from the technology giants upcoming dividend.
Spains fourth-largest bank, Bankia, asks for a bailout worth 19bns euros ($24bn; £15bn), and admits that it made a massive loss last year.
Spains Bankia is set to ask for a big government bailout later, say reports, while the region of Catalonia has already asked for help.
Most HSBC shareholders have approved the banks executive pay awards at the annual general meeting, bucking the recent trend for shareholder revolts.
Google suffers its first patent defeat since taking over Motorola Mobility in a battle over how Android handles texts.
Our daily morning business round-up looks at the main stories in Europe and Asia.
The EU files a suit against Argentinas import restrictions at the WTO in the latest stage of a trade row between the two.
Microsoft has asked Google to remove more than 500,000 links from its search index in the last month, figures show.
The Chinese authorities release a Singaporean banker held without charge since March on suspicion of aiding a criminal.
Thailand reports a surprise fall in its exports for April because of falling demand from key markets such as Europe and the US.
Chinas Huawei files a complaint against InterDigital, accusing the US firm of abusing its position and charging exploitative fees for mobile patents.
Japans consumer prices rise in April, spurred by rising fuel and energy costs, official data shows.
Shareholders of Alibaba.com agree to the companys plan to buy back shares in a bid to take the firm private.
The Vatican sacks the director of its bank, Ettore Gotti Tedeschi, who is being investigated in a money laundering case.
A Swiss-made chocolate bunny, wrapped in gold foil, cannot be registered as a trademark, the European Court of Justice court has ruled.
Culture Secretary Jeremy Hunt sent a note to David Cameron suggesting his support for News Corps bid for BSkyB before he was put in charge of deciding on the deal, the Leveson Inquiry hears.
Billionaire Hong Kong-based property tycoon Joseph Lau faces charges in Macau of bribery and money laundering over a property deal.
Australias mining magnate Gina Rinehart has become the worlds richest woman with assets of $28bn, a respected business magazine says.
US manufacturing growth slowed in May, a survey indicates, while orders for long-lasting factory goods fall.
BMW is fined $163m for preventing sales of its cars to Swiss nationals outside Switzerland.
The UK economy shrank by 0.3% in the first three months of the year, more than previously estimated, revised figures show.
EU leaders express support for keeping Greece in the eurozone while demanding that it stick with tough budget discipline.
Activity at European businesses hits a near three-year low in May, according to the survey of purchasing managers by Markit.
Struggling tour operator Thomas Cook appoints Harriet Green as its new chief executive.
SABMiller reports annual pre-tax profits of $5.6bn boosted by the sale of units in Russian and Ukraine.
Chinas manufacturing activity contracted in May, a survey shows, indicating that the rate of growth in the economy is continuing to slow.
China says it will take measures to boost demand and sustain growth amid fears of a slowdown in its economy.
World stock markets fall sharply ahead of an EU meeting, as concerns mount over Greeces future in the euro.
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