Business

The White House says President George W Bush has dropped opposition to a housing bill that could boost the US economy.

Global drugs giant GlaxoSmithKline wants to broaden its product base as it grapples with tough competition from generic drug makers

Northern Rock appoints Barclays vice chairman Gary Hoffman as its new chief executive as the final member of the original board leaves.

UK bank shares enjoy strong rises amid takeover talk and on hopes of a recovery in the sector.

The cost of taking out a mortgage in the US rises again following fears over two key lenders, consumer figures indicate.