Volvo issues recall for 59,000 cars
Swedish carmaker Volvo is recalling 59,000 cars across 40 markets over a fault that can briefly shut down the engine. BBC News – Business
Swedish carmaker Volvo is recalling 59,000 cars across 40 markets over a fault that can briefly shut down the engine. BBC News – Business
The Chancellor faces a challenge in meeting borrowing forecasts despite a bumper public finance surplus in January, experts say. BBC News – Business
Members of the Federal Reserve considered changing plans to raise interest rates throughout 2016 amid worries about heightened economic risks, minutes show. BBC News – Business
The newest policymaker at US Federal Reserve has called for banks to be broken up and says post-financial crisis safety measures do not go far enough BBC News – Business
Sir John Vickers, who was charged with leading an inquiry into the future safety of Britain’s banks, has warned that Bank of England plans fall short of his own. BBC News – Business
Oil prices surged as much as 12% on Friday after fresh suggestions that Opec nations were set to cut oil production. BBC News – Business