Fears that advanced economies, including Britain, might have entered a phase of �secular stagnation� were rejected last night by the Bank of England Governor, Mark Carney.
Output from Britain's heavy industries rose more than expected in October, fuelling hopes that the UK's economic recovery, which has so far been driven by consumer spending, is broadening.
In the four years since Paul Volcker, former Federal Reserve chairman, first called for a ban on banks trading with their own money, the rule named after him has survived challenges from Wall Street, foreign governments and inter-agency warfare before being ...
DETROIT (Reuters) - General Motors Co Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a global automaker.
An A380 Superjumbo from EADS. The company will rebrand itself as Airbus Group next year, but will also cut jobs. Photo - Bloomberg.