US technology giants Google and Microsoft, which compete in software and search engines, both report rising profits.

Thousands of staff plan to walk out of some of the UK's biggest post offices later in a dispute over shop closures, jobs and pay.

Some 60% to 80% of fossil fuel reserves owned by listed firms could be classed as unburnable if politicians stick to CO2 emission limits, a report warns.

The Office of Fair Trading accuses GlaxoSmithKline of paying rivals to delay the release of generic versions of one of its drugs.

Lending to UK businesses fell by £4.8bn in the three months to February, the Bank of England says, but the mortgage market is more stable.

Bookmaker William Hill says online betting helped to boost first quarter operating profits, which rose by 8%.

Santander, the country's second biggest mortgage provider, says 30,000 former Abbey customers may be due compensation, after errors made in 2008.

Dell's deteriorating financial condition leads to Blackstone deciding to withdraw its bid for the computer company.