US President Barack Obama defends a proposed deal with Republicans to extend tax breaks for the wealthy, as well as middle class Americans, as the best option for the country.

All Lib Dem ministers will vote to raise the cap on university tuition fees in England, Nick Clegg says.

Most Americans expect the US housing market to remain depressed for at least another two years, a survey finds.

Google shows off a notebook running its much anticipated Chrome operating system but says that it will not go on sale until 2011.

Comet chain owner Kesa Electricals sees its profits rise almost fourfold after strong sales in Europe offset UK losses.

Stagecoach's half-year profits rise 43%, driven by higher passenger numbers on both its rail and bus operations.

Two former directors of the collapsed foreign exchange company Crown Currency Exchange who were arrested are released on bail, police say.

A printing error forces the US to stockpile $110bn (£69.78bn) in new $100 notes until officials can sort and destroy the flawed bills.