Friday newspaper round-up: Greece, Schlumberger, Ed Miliband

LONDON (ShareCast) - Pierre Moscovici, European Commissioner for economic and financial affairs, has said there is no Plan B for Greece and no chance of a reprieve on an existing repayment due to the International Monetary Fund, writes The Times. Greek finance minister Yanis Varoufakis accused creditors of trying to force Athens to its knees by "liquidity asphyxiation" , The Telegraph said. He said that "toying with Grexit, or amputating Greece, is profoundly anti-European".

Oilfield services giant Schlumberger saw profits sink 39% in the first quarter and announced it would lay-off an extra 11,000 staff, in addition to the 9,000 job cuts announced in January, according to The Wall Street Journal. The Guardian reported that Labour 's Ed MIliband on Thursday night rejected SNP leader Nicola Sturgeon's offer of an anti-Tory coalition, saying: "I'm not going to put at risk the unity of the United Kingdom. It's a no, I'm afraid." An "air of insecurity is hanging over sterling assets" ahead of the election, according to the Financial Times, as figures from the Bank of England showed that international investors have reduced their gilt holdings by over £14bn since the start of 2014.

Channel 4 is setting up a video-game publishing business in Glasgow to back small, third-party developers as it hopes to cash in on the mobile gaming boom, The Times reports.

Workplace communication start-up Slack has raised a new round of capital that it said valued the company at $2.8bn, just six months after its valuation topped $1bn, the Financial Times writes.