News Headlines - 14 May 2014

▽Phone-hacking trial: Kate Middleton targeted 155 times, court hears - London Evening Standard

Kate Middleton's phone was hacked 155 times between 2005 and 2006, the Old Bailey has heard.
Former News of the World royal editor Clive Goodman effectively admitted hacking the phones of Prince William, Prince Harry and Kate Middleton for the first time in court.

▽BBC News - UK unemployment rate falls to five-year low

The number of people out of work in the UK fell by 133,000 to a fresh five-year low of 2.2 million in the three months to March, official figures show... The number of people in work rose to 30.43 million, the highest since records began in 1971, helped by a rise in self-employment.

▽British Pound Drops on Dovish BOE Inflation Report - WSJ.com

In its quarterly inflation report, the central bank also left growth and inflation forecasts broadly unchanged, saying it expects the economy to expand 3.4% in 2014 and that annual inflation will be close to its 2% target over the next two to three years if interest rates in the U.K. rise in line with expectations in financial markets.

▽BBC News - Japan's Sony forecasts losses until 2015 after PC exit

Japanese electronics giant Sony forecasts it will remain unprofitable until 2015 after a restructuring saw it exit the personal computer business.
The company said it expects a net loss of 50bn yen (￡290m; $489m) this coming financial year.

▽Kennedy vows U.S. help to Japan for Fukushima nuclear clean-up | Reuters

U.S. Ambassador to Japan Caroline Kennedy pledged U.S. support for the clean-up at Japan's tsunami-wrecked Fukushima Daiichi nuclear power plant on Wednesday after her first visit to the site.