ANKARA, June 22 Reuters Turkey expects the United Arab Emirates UAE and Saudi Arabia to invest in its energy and defence sectors after negotiations in Abu Dhabi led by its top economy officials, two sources with knowledge of the talks said on Thursday. Turkish Vice President Cevdet Yilmaz and Finance Minister Mehmet Simsek travelled to […]

LONDON, June 22 Reuters The Bank of England raised interest rates by a biggerthanexpected half a percentage point on Thursday after it said there had been significant news suggesting British inflation would take longer to fall. The BoE39;s Monetary Policy Committee MPC voted 72 to raise its main interest rate to 5 from 4.5, its […]

June 22 Reuters The number of people filing for state unemployment benefits for the first time held steady at a 20month high last week, remaining elevated for a third straight week in what may be an early indication of a softening labor market in the face of the Federal Reserve39;s aggressive credit tightening. Data from […]

IAM union rejects pay offer Wednesday Spirit to suspend production at plant from Thursday Strike to begin Saturday Plant manufactures critical structures for Boeing airliners Boeing shares fall 3.3, Spirit down 14 PARIS, June 22 Reuters Spirit AeroSystems will suspend factory production on Thursday at its plant in Wichita, Kansas, the company said, after workers rejected […]