09/08/13 20:11 CET
| updated xx mn ago
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Britain’s monetary policymakers have decided to play safe. Despite recent signs indicating the country is ready for recovery, recently appointed governor Mark Carney promised to keep interest rates low as long as unemployment remains high.
Apple and Samsung are at odds with each other yet again. Though, this time, the patent war that has been waged for more than two years could turn “geopolitical”, as an intervention by the Obama administration in favour of Cupertino prompted a strong reaction from the South Korean government.
Also in the US, there was big news – for news! The Washington Post newspaper, a legend of print media worldwide, has been acquired by an Internet pioneer – Amazon founder Jeff Bezos. Was the billionaire looking for a new hobby or is there a hidden agenda behind the move?
We discuss the week’s top stories with Bloomberg’s Jonathan Ferro in this edition of Business Weekly.
- 1As iPhone sales slide, what is Apple’s next big money maker?
- 2Saudi Arabia responds to low oil prices with economic reform plan
- 3Has the rot set in to Apple?
- 4Surprise fall in French jobless total, but underlying trend still grim
- 5No interest rate change expected from Federal Reserve policy meeting
- 1How abolishing taxes saved a dying Hungarian village
- 2Braking bad: auto industry plagued by scandals
- 3EU banks on deeper economic union – but at what cost?
- 4Saudi Arabia responds to low oil prices with economic reform plan
- 5VW counts cost of emissions scandal as other German carmakers join massive recall
Wires > Business
- 21:12 CET Exclusive – EU would divorce UK before any new relationship…
- 20:58 CET Oil jumps 2 percent despite glut, hits 2016 peaks on weak dollar
- 20:14 CET Miner Goldcorp says computer network hit by hackers
- 19:58 CET Comcast to buy DreamWorks Animation for $3.8 billion
- 19:38 CET Exclusive – Europe utilities, private equity jostle for Eni’s $3.4…
- 18:55 CET Carney sees ‘very short term’ slowdown in UK economy – Stockport…
- 18:52 CET RBS says may miss end-2017 deadline to carve out Williams & Glyn
- 18:15 CET Exclusive – China securities regulator orders major commodities…