Mervyn King to face hostile TUC amid determination to 'protect public from banks'
Mervyn King is expected to defend the Coalition's plans to sharply reduce Britain's deficit as he faces what is expected to be a hostile audience at the TUC conference in Manchester today. telegraph.co.uk |
Fiat shareholders approve demerger of auto and industrial businesses
Fiat shareholders approved a split between its automotive and industrial businesses, a move aimed at transforming the company into a global car player. telegraph.co.uk |
George Osborne says 'independent' OBR shouldn't be open to opposition parties
The Office for Budget Responsibility (OBR), should not be available for cross-party use to test the oppostion's economic policies, the Chancellor has decreed. telegraph.co.uk |
More fiscal stimulus needed, Tyson says
Despite pressures to reduce the deficit, there is a strong argument for more fiscal stimulus in the areas of education, infrastructure and small businesses to boost the economy, an outside adviser to President Barack Obama says. feeds.marketwatch.com |
Canada-US pipeline on hold amid oil's recent woes
By JAMES MacPHERSON and JOSH FUNK 2010-10-17T17:23:16ZBISMARCK, N.D. (AP) -- The steel is staged, and crews are waiting to lay the last and most expensive leg of TransCanada Corp.'s multibillion-dollar pipeline network that would carry Canadian oil to refineries along the Gulf Coast.... hosted.ap.org |