Greek strikers converge on parliament

Tens of thousands of Greeks marched in Athens as workers launch a national strike to protest against new austerity measures

Eurozone worries halt risk asset rally

Trading cautious as investors await news on Greek debt negotiations and US economic data

Sharpest fall in UK jobless for a decade

Joblessness fell to its lowest level for nearly two years but the number of claimants in May rose to 1.49m, the biggest rise since July 2009

Civil service union votes on industrial action

The UK’s largest civil service trade union has threatened to join other public sector workers in a mass strike

Sainsbury highlights UK retail weakness

Underlying like-for-like sales in the first quarter were flat, in spite of the number of weekly transactions growing by 5% to 22m

Opec eyes record revenues above $1,000bn

The return of political disputes within the oil cartel will not disrupt its earnings, forecast to rise 32.5% year on year, writes Javier Blas

Osborne backs high street bank firewalls

Chancellor to accept central recommendation of Vickers commission that big diverse banks should ‘ringfence’ essential operations

Bernanke hits out at debt ceiling impasse

Fed chairman lashes out at battle over a rise in the federal debt limit, calling it the ‘wrong tool’ to force changes in fiscal policy

Pandora prices IPO well above range

Demand is strong for the initial public offering of streaming music site Pandora despite concerns about the viability of its business model

Bank chiefs’ pay rises by 36%

Bank chiefs’ average pay in the US and Europe leapt to $9.7m despite variable performance across the sector