The government made a mistake in advising people to store petrol in jerrycans to prepare for a possible strike by fuel tanker drivers, a minister says.

Swiss pharmaceuticals giant Roche raises its offer for the gene sequencing firm Illumina, valuing the deal at more than $6bn (£3.8bn).

The US economy grew at an annualised rate of 3% in the fourth quarter of 2011, government figures have confirmed.

Blackberry manufacturer Research in Motion reports a quarterly loss, due in part to falling revenues on the back of weak smartphone shipments.

London and New York will remain the most important world cities for wealthy individuals over the next decade, research suggests.

Some charities are leaving the government's £5bn Work Programme, claiming the upfront payments they receive do not cover the initial cost of helping jobseekers find employment.

Japanese retail sales rose more than expected in February, indicating that consumer confidence is improving, data shows.

Friends Reunited, once the biggest social network in the UK, relaunches as a site to share life memories.