Ex-Italy PM ‘absolutely not’ returning to politics
Ex-Italian PM Letta said that while he is not planning a return to politics, “you can never resign from political engagement.”
ECB’s Mersch warns on ‘currency wars’
Board member Yves Mersch highlights tensions in the international currency system and the threat to the euro zone’s economic recovery.
U.S. military christens self-driving warship
The U.S. military on Thursday christened an experimental self-driving warship designed to hunt for enemy submarines
Bonmarche shares drop on retail caution
Women’s fashion chain Bonmarche’s shares fall 10% in early trading after becoming the latest retailer to warn conditions are “challenging”.
Economist: Why the Fed has to act early
The market may believe the Fed moved too quickly on raising rates last year, yet one economist offers a reason why they had to act when they did.
Gloom and doom not the right way: Blanchard
Fmr. IMF economist Blanchard believes the ECB need not take further action by cutting deposit rates further into negative territory.
MetLife’s ‘too big to fail’ tag is arbitrary: US judge
Federal regulators’ decision to designate insurer MetLife as “too big to fail” was “arbitrary and capricious,” a U.S. judge wrote.
Pimco: 4 big risks in this country
Bond giant Pimco identifies the four big risks for the Chinese economy in a report. Here they are:
Scunthorpe steelworks deal nears
A deal to save Tata Steel’s Scunthorpe plant could be signed as soon as Monday, the BBC understands.
Is HK Asia’s top financial center? Not anymore
Singapore has edged Hong Kong to emerge as Asia’s top financial center and the third most important venue for financiers around the world.