Business News  

1.Further rises in house prices may be held back by more properties coming on to the market, surveyors have said.

2.Northrop Grumman and its European partner EADS have pulled out of bidding for a $35bn (£23bn) US Air Force air-to-air refuelling tanker contract.

3.Aer Lingus, the Irish airline, has reported a loss for 2009 of 66.2m euros (£60m, $90m).

4.Retail sales bounced back in February after a tough January on the High Street, figures from the British Retail Consortium (BRC) showed.

5.Eurotunnel, the firm that manages the Channel Tunnel, made a profit of 1.4m euros ($1.9m; £1.3m) last year, despite a "poor economic environment".