LONDON - BRITISH retailer Marks & Spencer is committed to its succession plan and will start looking for a new chief executive next year, a spokeswoman said on Sunday, in response to a media report.
PARIS - EUROPEAN Central Bank president Jean-Claude Trichet warned on Sunday against putting too much faith in forecasts of an economic recovery next year.
BEIJING - EUROPEAN aviation giant Airbus will deliver the first A320 airplane assembled at its factory in China on Tuesday, in a symbolic event further marking the nation's global rise.
The first plane to be made at plant in northern Tianjin, the only Airbus factory outside Europe, will be delivered to Dragon Aviation Leasing and will be flown by Sichuan Airlines, a regional Chinese air carrier.
WASHINGTON - A JITTERY bond market and economic 'green shoots' notwithstanding, the Federal Reserve is likely to reaffirm a commitment to keep pumping money into the economy to battle recession, analysts say.
The Federal Open Market Committee (FOMC) led by chairman Ben Bernanke is expected at a two-day meeting opening Tuesday to maintain its near-zero base interest rate along with a variety of programs providing easy liquidity to the financial system.
