US Fed hints at rate rise in 2015
Craig TaylorThe US Federal Reserve Chair Janet Yellen hints that interest rates in the US could start to rise in early 2015. BBC News – Business
Business
Bank of England shake-up unveiled
The Bank of England is to have two new deputy governors – Ben Broadbent for monetary policy and Nemat Shafik in charge of markets and banking. BBC News – Business
Vodafone agrees to buy Spain’s Ono
Vodafone agrees to buy Spanish cable operator Ono for 7.2bn euros ($ 10bn; £6bn), in a deal aimed at expanding its interests in Europe. BBC News – Business
‘China’s Twitter’ eyes US share sale
China’s largest Twitter-like service Sina Weibo unveils plans to sell shares to raise $ 500m (£300m) on the US stock market. BBC News – Business
Morrisons hit by massive data theft
The vast majority of staff at Morrisons have been affected by the theft of payroll data, the company has said. BBC News – Business
Housing market ‘furore’ dying down
The UK housing market’s recent surge in demand is showing signs of easing off, the Royal Institution of Chartered Surveyors says. BBC News – Business