News Headlines - 02 November 2017
▽Yellen’s Legacy: Economic Progress but a Sense of a Job Unfinished - The New York Times
Unemployment fell steadily during her term, inflation stayed in check and the Fed began backing gradually away from the extraordinary steps it took in the wake of the financial crisis.
That wasn’t enough to save her job, however. President Trump nominated Jerome H. Powell to be chairman of the Federal Reserve, which means that Ms. Yellen will be the first person in nearly 40 years to serve no more than a single four-year term as head of the central bank.
London's property market will suffer the most over the next five years as Brexit fears and increasing interest rates limit price rises, a leading estate agent warned today... Overall, between 2018 and 2022, London prices will go up by only 7.1 per cent, half the pace of the UK as a whole and below inflation.
▽Lenovo buys controlling stake in Fujitsu PC unit; second-quarter profit drops
Lenovo Group has agreed to buy a majority stake in Fujitsu Ltd’s personal computer unit for up to $269 million, in a bid to corner a larger share of a market that is battling weak sales as more people switch to mobile devices.
▽On a knife edge: The rise of violence on London's streets - BBC News
Across England and Wales an incident involving a blade or sharp object takes place, on average, every 14 minutes. Of the 37,000 incidents in the past 12 months, more than 13,000 offences were committed in London.
▽Black cab shape not distinctive enough to be trademark, say judges | The Guardian
New-style taxis could soon roll on to city roads after court of appeal judges ruled that the shape of the traditional London black cab was not distinctive enough to be a trademark.
The London Taxi Company wanted to claim exclusive rights to the black cab shape and thwart a rival firm. But Lord Justice Kitchin and Lord Justice Floyd have upheld a ruling made last year by a high court judge.
