News Headlines - 08 September 2012

▽Bank of England's Dale warns about risks of loose policy | Reuters

The Bank of England must guard against fuelling inflation in a stalled economy when deciding on the need for more stimulus, its chief economist warned on Saturday, showing his reluctance to sanction further asset purchases.

▽Cable’s Industrial Strategy will mean 'picking the UK’s winners’ - Telegraph

Vince Cable, who this weekend admits that government’s handling of industrial policy is often “chaotic” and “ad hoc”, is set to announce “joint partnerships” with key industries targeted to generate growth.

▽Russia and Japan Move Forward on Major Natural Gas Deal - NYTimes.com

Gazprom, Russia’s state-controlled gas monopoly, signed an accord on Saturday with the government of Japan to move forward with plans for the construction of a $13 billion natural gas terminal here that would propel the Kremlin’s ambitions to multiply its business and trade ties in the Far East.

▽Amazon's new high-end Kindle lacks FCC approval for sale - Gadgetbox on NBCNews.com

Amazon.com Inc trumpeted cutting-edge wireless technology as a key selling point for the fanciest of the new Kindle devices introduced by CEO Jeff Bezos on Thursday. There's just one problem: the devices have not yet been approved for sale by the Federal Communications Commission.

▽Scientists could find alien life within 40 years, says royal astronomer - Telegraph

Martin Rees, former president of the Royal Society, said evidence of whether beings exist not only beyond earth but beyond our solar system, could be found in that time, a newspaper reported.