Bank of England Governor Mark Carney said there’s plenty of spare capacity in the U.K. labor market as he repeated that officials won’t rush to raise interest rates even if the jobless rate reaches their 7 percent threshold.
Gordon Brown should resign as prime minister and leader of the U.K. Labour Party to allow negotiations with the Liberal Democrats over the formation of a government, a lawmaker from Brown’s party said.
Roman Abramovich is negotiating a settlement with fellow billionaire Mikhail Prokhorov’s RBC television over its erroneous report that he was detained in the U.S., said John Mann, Abramovich’s spokesman.
Roman Abramovich isn’t bidding to buy Central European Distribution Corp., John Mann , a spokesman for the Russian billionaire, said in response to a report on Benzinga.com that he was seeking to acquire the world’s largest producer of vodka.
Billionaire Roman Abramovich’s Ervington Investments Ltd. bought a stake in Clean Air Power Ltd., a U.K.-based developer of technology that allows diesel truck engines to run on cheaper, cleaner natural gas.
Nancy Kissel, accused of murdering her banker husband, broke down in a Hong Kong court today after saying that she wasn’t able to help their daughter and said she tried to protect herself from abuse by spiking his drinks.
Linc Energy Ltd. is looking to expand its partnership with Roman Abramovich, after announcing a deal today with the billionaire owner of Chelsea Football Club to evaluate a gas-to-liquids fuel development in Russia.
Negotiations weren’t on the agenda when British Chancellor of the Exchequer George Osborne and Bank of Canada Governor Mark Carney sat down for a drink to get better acquainted on a terrace overlooking the Mediterranean in the harbor city of Marseille on Sept. 9, 2011.