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Business News From the BBC

'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391772.stm'>Repossession orders climb by 17%
The number of people under threat of losing their homes has risen sharply in England and Wales, figures show.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391582.stm'>French swoop for British Energy
French utility EDF makes an offer for British Energy, although the price has not been disclosed.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7392949.stm'>Microsoft contests $1.4bn EU fine
Microsoft appeals against a $1.4bn fine given for defying sanctions imposed on it for anti-competitive behaviour.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391056.stm'>Centrica wind farm cost warning
Centrica warns that the prospect of making money from wind farms is looking "marginal" due to high costs.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7392475.stm'>BAA's shareholders agree funding
BAA shareholders have agreed to stump up £400m ($779m) as the firm struggles to refinance its debt.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7392036.stm'>BA confirms June move for flights
British Airways will begin to move its long-haul flights to Heathrow's Terminal 5 from June, the firm confirms.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7392521.stm'>Citigroup to shed $400bn assets
US bank giant Citigroup aims to sell $400bn of assets over the next three years to bolster its financial position.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7392496.stm'>Weak dollar shrinks US trade gap
The US trade deficit shrinks by more than expected as the weak dollar leads to a surge in exports, figures show.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7392410.stm'>Alliance and Leicester's rates up
Alliance and Leicester joins other lenders in charging new customers with smaller deposits higher rates.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391812.stm'>Burma cyclone raises rice prices
Rice prices rise for a sixth straight day as supplies continue to be stretched after cyclone damage in Burma.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391576.stm'>Supply worries send oil near $126
Crude oil has hit yet another all-time high in Friday trading, as strong demand and supply fears continue.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391763.stm'>Strong games demand helps HMV
HMV shares rise 4% after the retailer says it is confident that profits will be at the top end of expectations.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391956.stm'>Big fall in French factory output
French industrial output falls four times more sharply than expected in March, raising concerns about the economy.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391599.stm'>Google keen on extra Yahoo ties
Google expresses interest in extending an advertising partnership with fellow search engine Yahoo.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391374.stm'>New Dublin brewery for Guinness
Drinks giant Diageo says it will invest 650m euros in its Irish beer business - its largest capital investment to date.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391651.stm'>AIG posts record loss on bad debt
Insurance giant AIG posts its biggest ever quarterly loss due to its continuing exposure to bad US mortgage debt.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7391657.stm'>Magners firm hit by wet weather
C&C, the maker of Magners cider, says revenues have fallen in the past year after cider lost popularity.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7389750.stm'>UK interest rates stay at 5%
UK interest rates are held at 5% by the Bank of England's Monetary Policy Committee, as inflation concerns persist.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390855.stm'>CD slump squeezes Warner Music
Warner Music sees quarterly losses widen after consumers opt for digital music over CDs.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390627.stm'>Websites misled air passengers
One in three European consumers buying plane tickets online is being misled, the European Commission warns.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390504.stm'>Food fight looms over fryer firm
UK kitchen equipment firm Enodis, which supplies machines to McDonald's, agrees to be bought for £1bn.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7389777.stm'>Insurance price sites 'errors'
Some insurance comparison websites give incorrect information, a probe by watchdog the FSA finds.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390315.stm'>Last stage of home packs delayed
Homeowners in England and Wales are given extra time to comply with the final rules for Home Information Packs.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7389643.stm'>Property prices fuel inheritances
More than a million adults a year in the UK are inheriting money from their relatives, new research reveals.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7388713.stm'>Warning on mortgage market
Mortgage markets will take two years to recover from the credit squeeze, the Building Societies Association says.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390061.stm'>Eurozone rates kept steady at 4%
The European Central Bank leaves eurozone interest rates on hold at 4% after its latest meeting.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7388812.stm'>Paulson sees end of credit crunch
US Treasury Secretary Henry Paulson says the worst of the credit crunch may have passed.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7389913.stm'>Putin in 2020 pledge on economy
Vladimir Putin promises to rein in inflation and boost social spending in his new job as Russia's prime minister.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390714.stm'>Power to SA mines 'not at risk'
South Africa promises that its lucrative mining sector will not suffer further power disruption during the winter months.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7389628.stm'>Fewer letters widen Mail's losses
A slump in the number of stamped letters sees Royal Mail's losses widen to £279m in the year to March.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390006.stm'>Gangmaster is stripped of licence
A gangmaster is stripped of his licence after investigators said they uncovered forced labour.
'http://news.bbc.co.uk/go/rss/-/1/hi/business/7390608.stm'>US discount stores beat downturn
Discount firms Wal-Mart and Costco see April sales rise as consumers seek cheaper options, figures indicate.
'http://www.bbc.co.uk/go/rss/-/guidelines/editorialguidelines/advice/'>Guidelines for financial journalists

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