The latest stories from the Business section of the BBC News web site.
Updated: 1 hour 5 min ago
How it changed the culture of takeovers in the UK
AstraZeneca rejects the new takeover offer from US drugs giant Pfizer, which had valued the UK firm at £63bn.
The US economy adds 288,000 jobs in April, a much stronger number than economists were expecting, and the unemployment rate falls to 6.3%.
The eurozone's unemployment rate has remained stable, but numbers of unemployed people have fallen gradually since January.
Tory peer Lord Heseltine tells the BBC the government should have greater powers to intervene in takeover bids by foreign businesses.
More than 100,000 extra tickets for all 17 sports at this summer's Commonwealth Games in Glasgow are to go on sale.
The recent surge in UK house prices could end in a crash, the Bank of England deputy governor who oversees financial stability warns.
Andy Street, Managing Director of John Lewis, said click and collect had "been an absolute phenomenon"
Royal Bank of Scotland says pre-tax profits for the first three months of the year rose to £1.6bn, but warns of a "tough year" ahead.
Shares in professional networking site LinkedIn fall more than 6% in after-hours trading following a weaker-than-expected revenue forecast.
Microsoft says users of its Windows XP operating system will also get the security update it has issued to fix a flaw in the Internet Explorer browser.