Eli Lilly (LLY.N) said it will "actively" respond to a lawsuit filed by Novo Nordisk (NVO.N).

Deutsche Bank's Sanjay Raja says latest UK jobs data show the labour market remains fragile but is beginning to stabilise. Unemployment held at a relatively high 4.9% and payroll employment fell again. Vacancy metrics improved: job adverts rose for the first time since December and redundancies in the three months to May fell to 108k, the lowest since July last year. Raja says a Bank of England survey indicates employers plan to keep headcount broadly unchanged; slower wage growth should reassure the BoE as it seeks disinflation toward target.

Lebanese President Aoun said the meeting went very smoothly.