| Repossession orders climb by 17% The number of people under threat of losing their homes has risen sharply in England and Wales, figures show. Centrica wind farm cost warningCentrica warns that the prospect of making money from wind farms is looking "marginal" due to high costs. BA confirms June move for flightsBritish Airways will begin to move its long-haul flights to Heathrow's Terminal 5 from June, the firm confirms. Burma cyclone raises rice pricesRice prices rise for a sixth straight day as supplies continue to be stretched after cyclone damage in Burma. Strong games demand helps HMVHMV shares rise 4% after the retailer says it is confident that profits will be at the top end of expectations. Supply worries send oil near $126Crude oil has hit yet another all-time high in Friday trading, as strong demand and supply fears continue. French to bid for British EnergyFrench utility EDF is set to make a takeover offer for the nuclear power firm British Energy, the BBC learns. Big fall in French factory outputFrench industrial output fell four times more sharply than expected in March, increasing concerns over the state of France's economy. Google keen on extra Yahoo tiesGoogle expresses interest in extending an advertising partnership with fellow search engine Yahoo. New Dublin brewery for GuinnessDrinks giant Diageo says it will invest 650m euros in its Irish beer business - its largest capital investment to date. AIG posts record loss on bad debtInsurance giant AIG posts its biggest ever quarterly loss due to its continuing exposure to bad US mortgage debt. Magners firm hit by wet weatherC&C, the maker of Magners cider, says revenues have fallen in the past year after cider lost popularity. 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. Gangmaster is stripped of licenceA gangmaster is stripped of his licence after investigators said they uncovered forced labour. CD slump squeezes Warner MusicWarner Music sees quarterly losses widen after consumers opt for digital music over CDs. Websites misled air passengersOne in three European consumers buying plane tickets online is being misled, the European Commission warns. Food fight looms over fryer firmUK kitchen equipment firm Enodis, which supplies machines to McDonald's, agrees to be bought for £1bn. Eurozone rates kept steady at 4%The European Central Bank leaves eurozone interest rates on hold at 4% after its latest meeting. Putin in 2020 pledge on economyVladimir Putin promises to rein in inflation and boost social spending in his new job as Russia's prime minister. Home packs delayed againHomeowners in England and Wales are given extra time to comply with the final rules for Home Information Packs. Stella Artois firm's profits fallThe world's biggest brewer by volume, Inbev, blames soaring raw material costs for a surprise 11% fall in profits. 'Errors' in insurance price sitesSome insurance comparison websites give incorrect information, a probe by watchdog the FSA finds. Property prices fuel inheritancesMore than a million adults a year in the UK are inheriting money from their relatives, new research reveals. Warning on mortgage marketMortgage markets will take two years to recover from the credit squeeze, the Building Societies Association says. Rock shareholders begin legal bidNorthern Rock shareholders are launching a court challenge over compensation they are due to receive. Paulson sees end of credit crunchUS Treasury Secretary Henry Paulson says the worst of the credit crunch may have passed. 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. Carbon market's value hits $64bnThe market that enables firms to buy and sell the ability to pollute doubled in value in 2007, the World Bank says. US productivity beats forecastsUS worker productivity topped analysts' forecasts during the first three months of 2008, official figures show. Fewer letters widen Mail's lossesA slump in the number of stamped letters sees Royal Mail's losses widen to £279m in the year to March. US discount stores beat downturnDiscount firms Wal-Mart and Costco see April sales rise as consumers seek cheaper options, figures indicate. Carphone in £1.1bn US ventureCarphone Warehouse is selling a half share in its retailing business to US firm Best Buy for £1.1bn. Guidelines for financial journalists | 
