Markets News Headlines

BoE's Ramsden sees case to raise rates sooner than thought

Bank of England Deputy Governor Dave Ramsden said in an interview to be published on Sunday that interest rates might need to rise sooner than he previously thought if wages grow as fast as the central bank expects in the early part of this year.

BRIEF-Berkshire reports Apple cost basis, AIG claim liability, lower newspaper circulation in annual report

Buffett says berkshire hathaway has $20.96 bln cost basis for shares of apple, which were worth $28.21 bln at year end -- shareholder letter Berkshire says that in q4, it boosted ultimate claim liability estimates related to aig retroactive reinsurance agreement by about $1.8 bln Berkshire, in annual report, says higher liability estimate stems from higher-than-expected loss payments Berkshire says that in q4 it recorded unspecified, one-time inventory and impairment charges a