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Aware of policy risks, Fed sees firmer U.S. growth

Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do not see employment or inflation picking up soon, minutes from their November meeting showed.

BBC holds talks on floating BBC Worldwide - report

The BBC has been holding talks with City advisers about floating part of BBC Worldwide, its commercial arm, the Financial Times reported in its Wednesday editions.

Bank loaned £60 billion to RBS, HBOS

The Bank of England disclosed on Tuesday that it provided almost 62 billion pounds in emergency loans to Royal Bank of Scotland <RBS.L> and HBOS <LLOY.L> at the height of the credit crisis last year.

Rajaratnam denies insider charges

NEW YORK (Reuters) - Galleon Group hedge fund founder Raj Rajaratnam attacked a U.S. regulator's lawsuit on Tuesday, denying insider trading charges and saying government wiretaps violated his constitutional rights.

Mandelson calls for car industry revamp

Tackling the problem of overcapacity is key to the long-term future success of the automobile industry in Britain and Europe, Business Secretary Peter Mandelson said on Tuesday.

Saab sale collapses as buyer backs out

A deal for General Motors Co <GM.UL> to sell Saab collapsed on Tuesday when the buyer pulled out in a move that threatens a 60-year-old Swedish auto brand with closure after mounting losses.

Hormones, incentive "make best traders"

British scientists say a perfect combination of testosterone, experience and a hunger for a share of profits can produce financial traders who consistently outperform the market -- even during a crisis.

Three-way MPC split "not surprising"

The three-way split among monetary policymakers' last meeting should be no surprise given the economy is at a turning point, Bank of England Governor Mervyn King said on Tuesday.