Like past waves of technological innovation, the new era of artificial intelligence and automation promises increased productivity, higher wages, and even longer lifespans, write Christopher Pissarides and Jacques Bughin.

Michael Sarris, the Cypriot finance minister, sought to muffle calls for the country to weigh a precedent-setting exit from the euro to ease the economic pain inflicted by its €10bn bailout.

A Briton and two Americans today shared the Nobel economics prize for developing theories that help explain how policies can affect unemployment.