News Headlines - 17 May 2015

ECB satisfied with effects of QE, no plans to end it early - Mersch | Reuters

The European Central Bank is satisfied with the effects of its bond buying programme on the economy and inflation and has no intention of ending it prematurely, ECB Executive Board Member Yves Mersch said on Saturday.

Andy Burnham calls for EU referendum in 2016 - BBC News

A referendum on UK membership of the European Union should to be brought forward to 2016, Labour leader contender Andy Burnham has said... The PM has pledged to renegotiate a "better deal" for the UK and hold an "in-out" referendum by the end of 2017.

Toshiba Names Third-Party Panel to Expand Accounting Probe - Bloomberg Business

Toshiba Corp. named two lawyers and two certified public accountants to a third-party committee that is expanding an investigation started by an internal probe last month over accounting practices.

Thomas Cook apologises to parents over Corfu gas deaths - BBC News

Holiday firm Thomas Cook has apologised to the parents of two children who died from carbon monoxide poisoning while on holiday in Corfu.

UK terror arrests reach highest level since 9/11 - FT.com

Terror-related arrests in the UK have reached levels not seen since the aftermath of the 9/11 attacks in the US, Scotland Yard has revealed, as police have stepped up their response to the threat of radicalised jihadis returning to Britain from the Middle East.