News Headlines - 26 August 2015

▽No interest rate rise until 2017? Experts react to China's Black Monday - Telegraph

Analysts at Citi believe the triple threat of a slowdown in China, the impact of higher US interest rates on global growth, and the recent market turmoil could keep UK interest rates on hold until 2017.

▽Japan unable to commit to IOC’s deadline for Tokyo 2020 stadium | The Guardian

Japan is unable to guarantee it will meet an International Olympic Committee deadline to complete work on the new national stadium in time for the 2020 Games, according to the country’s Olympics minister. A top IOC official has urged Japan to speed up the troubled construction of Tokyo’s showpiece for delivery by January 2020.

▽Boy trips in museum and punches hole through painting | The Guardian

A 12-year-old Taiwanese boy lived out a slapstick nightmare at the weekend when he tripped at a museum and broke his fall with a painting, smashing a hole in it.

▽Nippon Life Said Planning to Buy Japanese Rival Mitsui Life - Bloomberg Business

Nippon Life plans to offer 300 billion yen ($2.5 billion) to 400 billion yen for at least an 80 percent stake in Mitsui Life, said one of the people, who asked not to be named because the information isn’t public.

▽Uniqlo to Try Out Four-Day Workweek - Bloomberg Business

Fast Retailing, the parent company of Uniqlo, Theory, and J Brand, will offer a four-day workweek to about a fifth of its workforce starting in October, the company confirmed to Bloomberg. About 10,000 full-time employees at Uniqlo's Japan locations will have the option of a three-day weekend in exchange for 10-hour work days the rest of the week. The retailer is also considering introducing a shorter week at its corporate headquarters and at more stores, if this trial goes well.