US President Obama wraps up a G8 summit saying that leaders agree economies must focus on jobs and growth to boost recovery.

Facebook shares end a volatile first day of trading at $38.23, barely above the company's initial pricing, having initially jumped more than 10%.

Shares in internet giant Yahoo rise 5% on reports that it is close to selling its valuable stake in Alibaba Group, the Chinese e-commerce company.

Greek officials say Germany's Chancellor Merkel has suggested a euro referendum, but Berlin denies the report.

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