UK economic outlook 'worsening' Economic prospects for the next 18 months have got worse, the British Chambers of Commerce warns.

3,000 more post offices 'at risk' Thousands more post offices may be forced to close, the National Federation of Sub-Postmasters warns.

Murdoch quits US newspaper fight Rupert Murdoch's News Corporation withdraws a $580m bid to buy the US newspaper Newsday.

Homeowners 'favour' price falls More people want house prices to fall than to rise, research from the BBC indicates.

Chinese plane firm gets wings China launches a new plane maker to one day compete with Boeing and Airbus, state media report.

Waitrose egg recall on lead fears Supermarket chain Waitrose has recalled organic eggs from a flock which has eaten lead shot.

Plan to axe Saturday post denied Postal regulator Postcomm denies it is planning to recommend Royal Mail should end deliveries on Saturdays.

French swoop for British Energy French utility EDF makes an offer for British Energy, although the price has not been disclosed.

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.

Alarm at Google Yahoo partnering US advocacy groups urge regulators to block any deal Google and Yahoo might strike after a two-week experiment.

Tackling under-age online sales Young people are using the anonymity of the web to buy goods suitable only for adults but software could stop that.

Microsoft contests $1.4bn EU fine Microsoft appeals against a $1.4bn fine given for defying sanctions imposed on it for anti-competitive behaviour.

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.

Npower axes staff in sales probe Npower dismisses six staff from its sales team after claims of mis-selling energy contracts.

BAA's shareholders agree funding BAA shareholders have agreed to stump up £400m ($779m) as the firm struggles to refinance its debt.

Repossession orders up by 17% The number of people under threat of losing their homes has risen sharply in England and Wales, figures show.

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.

Burma cyclone raises rice prices Rice prices rise for a sixth straight day as supplies continue to be stretched after cyclone damage in Burma.

Oil above $126 on supply fears Crude oil has hit yet another all-time high in Friday trading, as strong demand and supply fears continue.

Tenants' money 'still not safe' Too many landlords continue not to protect tenants' deposits, warn Citizens Advice and Shelter.

Alliance and Leicester's rates up Alliance and Leicester joins other lenders in charging new customers with smaller deposits higher rates.

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.

Insurance price sites 'errors' Some insurance comparison websites give incorrect information, a probe by watchdog the FSA finds.

Big fall in French factory output French industrial output falls four times more sharply than expected in March, raising concerns about the economy.

Centrica warns over wind farms Centrica warns that the prospect of making money from wind farms is looking "marginal" due to high costs.

UK interest rates stable at 5% UK interest rates are held at 5% by the Bank of England's Monetary Policy Committee, as inflation concerns persist.

Eurozone rates kept steady at 4% The European Central Bank leaves eurozone interest rates on hold at 4% after its latest meeting.

Google wants greater Yahoo ties Google expresses interest in extending an advertising partnership with fellow search engine Yahoo.

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.

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.

Guidelines for financial journalists