BoE’s Carney: jobs, incomes, wages to be factored into any rate rise
LONDON (Reuters) – The Bank of England will only start to increase interest rates when a range of measures suggest the economy is operating at closer to full capacity, central bank governor Mark Carney said in an interview broadcast on Sunday.
Spain’s Bankia sees 5-10 percent stake sale in first privatization round
MADRID (Reuters) – Spain will probably begin the privatization of bailed-out Bankia with the sale of a 5 to 10 percent stake to institutional investors, the bank’s Chairman Jose Ignacio Goirigolzarri said in an interview published on Sunday.
Fiat seeks to turn financing unit into a bank: source
MILAN (Reuters) – Fiat , which has agreed to take full control of U.S. unit Chrysler, has asked the Bank of Italy’s permission to turn financing unit Fga Capital into a bank to cut funding costs, a source with direct knowledge of the situation said.
U.S. law firm ensnared in NSA surveillance: NYT report
(Reuters) – An unnamed U.S. law firm was caught up in the global surveillance of the National Security Agency (NSA) and its overseas partners in Australia, according to a newspaper report on Saturday.
U.S., Japan eye gap over agriculture, autos at trade talks
WASHINGTON (Reuters) – The United States and Japan will aim to find common ground on sticking points such as agriculture and autos at the next round of negotiations on a Pacific Rim trade pact, the U.S. Trade Representative said on Saturday after top-l…
Britain’s SFO examining recent Rolls-Royce contracts: report
LONDON (Reuters) – An investigation by Britain’s anti-fraud watchdog into Rolls-Royce’s dealings in Asia extends to contracts signed less than three years ago, the Telegraph newspaper said on Saturday.
Poland backs regional aspirations of top lender PKO BP: minister
OPOLE, Poland (Reuters) – Poland’s largest lender, the state-controlled PKO BP , has the backing of the government for its regional expansion plans, including any acquisitions, the Polish treasury minister said on Saturday.
China January lending soars to four-year high
BEIJING (Reuters) – China’s banks disbursed the most loans in any month in four years in January, a surge that suggests the world’s second-biggest economy may not be cooling as much as some fear.
Japan PM keen to cut corporate tax rate – chief cabinet secretary
TOKYO (Reuters) – Prime Minister Shinzo Abe is determined to cut Japan’s corporate tax rate, Chief Cabinet Secretary Yoshihide Suga said, a step experts say could boost the global competitiveness of Japanese companies and make the country more attracti…
Loss at Volkswagen plant upends union’s plan for U.S. South
CHATTANOOGA, Tennessee (Reuters) – In a stinging defeat that could accelerate the decades-long decline of the United Auto Workers, Volkswagen AG workers voted against union representation at a Chattanooga, Tennessee plant, which had been seen as organi…
