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LONDON: Britain's public finances improved slightly in October but finance minister George Osborne is still unlikely to meet his budget goals before next year's general election.
LONDON: The Bank of England (BoE) has opened a formal investigation into the possible manipulation of money-market auctions held at the start of the financial crisis and whether its officials were involved.
TWO major central banks have moved to pump up flagging global growth, sending stockmarkets soaring but raising new questions about the limitations of a seven-year effort to use monetary policy to address economic problems.
US imports of crude oil from Opec nations is at its lowest level in almost 30 years, underlining the impact of the shale revolution on global trade flows.