Russia is considering a short-term ban on diesel exports for a few months, TASS reports

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[MARKET ANALYSIS] European bourses slip as the consequences of Apple's price hike spread to tech giants globally

The Times' Swinford reports on who incoming UK PM Burnham may pick as Chancellor: "We're hearing it is likely to be a two-horse race between Ed Miliband and Shabana Mahmood. Allies of Streeting say they do not think he will get the job"

Russia is considering a short-term ban on diesel exports for a few months, TASS reports

ECB Consumer Expectations Survey (May):

Iran's Foreign Ministry says that "US military presence in the Gulf is a source of insecurity and division in the region"

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