The Bank of England is concerned that US fiscal policies are creating economic difficulties without any longer-term benefits, its governor said on Monday, weighing in as lawmakers in Washington scramble to avoid another government shutdown.
General Motors Co. (GM) plans to name Mary Barra to succeed Dan Akerson as chief executive officer, making her the first female CEO in the global automotive industry, a person familiar with the effort said.
Paul Volcker in his offices in New York. He proposed limits on banks' activities Robert Caplin for The New York Times Paul Volcker in his offices in New York.
Chancellor George Osborne's mission to increase British exports outside the European Union was boosted by the latest figures showing the trade gap between Britain and non-EU countries had narrowed by 27.1%.
Costa Coffee sales have risen 17.2% in the UK over the past nine months; while the chain has opened 65 stores in Asia. Photograph: Christopher Thomond for the Guardian.