Weak GDP pushes Fed to stick with “easy money” policy
Surprisingly weak fourth quarter GDP data, dragged down by the defense sector, locks the Federal Reserve into more asset buying, Reuters’ Jason Lange reports.
Basel rethink could unleash lending
Global regulators are giving banks four more years to build up cash buffers, and that could be just what’s needed to spur lending, says Reuters regulation correspondent Huw Jones.
Read the full story on the new bank capital rules here.
BWIN finds way through Europe’s online gambling tangle
BWIN’s move to tie up with a Belgian casino operator may be a blueprint for other firms trying to negotiate Europe’s tangle of conflicting gambling laws, says Reuters sports business correspondent Keith Weir.
Read Keith Weir’s full story on BWIN here.