... * Imposes interest rate of -0.25 pct on sight deposits. * Expands Libor target range to -0.75 pct to 0.25 pct. * SNB's Jordan says could cut rates further.
America's central bank last night sent a carefully nuanced message over the timing of its first interest rate rise, leaving financial markets scrambling to make sense of its meaning.
Black Friday brought chaos to the nation but it clearly paid off for retailers as Britons splashed �7.9 billion every week last month in the biggest shopping frenzy for a decade.
After Snapchat's future plans were revealed, CEO Evan Spiegel tweeted his anger. Photograph: Michael Kovac/Getty Images. Stuart Dredge.
(Adds details on proposed changes to IPO procedure). LONDON Dec 18 (Reuters) - The privatisation of Britain's Royal Mail could have raised an extra 180 million pounds ($280 million), according to a government-commissioned report that largely endorsed ...