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BREAKING NEWS

Carney's first word, Obama steps in and Bezos buys big

Carney's first word, Obama steps in and Bezos buys big
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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.