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FTFinancial Times:

Carney hints rates to stay frozen longer as inflation hits 15-year low – Tumbling oil prices pushed Britain’s inflation rate to its lowest level since 2000 and, with further falls inevitable in the coming months, the Bank of England hinted heavily it was in no mood to contemplate raising interest rates in the near future.

Cadillac in race to catch its rivals – General Motors’ Cadillac luxury brand pledged to “disrupt and shatter the status quo” yesterday as it unveiled ambiguous plans to try to catch up with European rivals by investing $12bn on eight new models.

GM fires a Bolt at electric rival Telsa – Plan to roll out an affordable vehicle with a long rage poses a challenge to competitors.

Hyundai family’s succession derailed by share sale failure – Hyundai motor Group’s founding family has failed to sell a $1.25bn block of shares in affiliate Hyundai Glovis, thwarting chairman Chung Mongkoo’s plans to had control to his son.

Posted by Sue Robinson on 16/01/2015