One committee member voted against the decision but the MPC voted unanimously to maintain an economic stimulus program which purchases £375 billion ($581.8 billion) in financial assets each year, the bank said in a statement.
Greece hopes to conclude negotiations with global creditors by early Tuesday at the latest, a Greek official said as talks continued in Athens on a new multi-billion euro bailout designed to keep the country from financial ruin.
Hong Kong: China stocks rose on Monday on possible restructuring among major shipping firms and in other key sectors, and on hopes that less volatile trading may soon convince fund managers to get off the sidelines and put billions in cash back to work.
The Buffett effect: Shares in airplane parts manufacturer Precision Castparts are rising by about 13% premarket on expectations that Warren Buffett’s firm Berkshire Hathaway is set to buy the company. Precision’s market value is now $26.7 billion as of the close of...
Sun staff photos can be ordered by visiting our SmugMug site. He looks like a future star, hitting.286, throwing out runners attempting to steal at a 45-percent clip and not committing a error, all while learning to handle the pitching staff.
Tens of thousands of people gathered in Hiroshima yesterday to mark 70 years since the atomic bombing that helped end World War II but still divides opinion today over whether the total destruction it caused was justified.
The company generates about half its annual sales of US$10 billion from big aircraft and engine makers. Precision Castparts embodies qualities that Buffett seeks, with high barriers to entry by competitors, a business that demands a long-term outlook, and a stock that has...
This year’s contestants include a prison officer, a Lithuanian body-builder, a fireman, a student, and then there’s the trainee anaesthetist who likes injecting his cakes to make them more tasty!
France is adding airplanes, helicopters and ships, including French Marine units, to its search for the remains of Malaysia Airlines flight MH370, the government in Paris reported Friday.
A spokesman for Morrisons said: “We want to reiterate that we are not seeking any further reductions in milk prices and we will continue our talks with the NFU, in a constructive manner, to finalise our agreed plan of action”.