An economist tapped by U.S.
President Donald Trump for a governorship at the Federal Reserve
said on Friday she did not think policymakers should pull the
rug out from under financial markets, according to CNBC.
The Indian government
on Friday announced a fresh capital infusion of about $10
billion into debt-burdened state banks and credit guarantees to
support shadow lenders in a bid to boost lending and revive the
European Union antitrust
regulators cleared on Friday the $2.8 million acquisition of
British airline Flybe by Connect Airways, a consortium
created by Virgin Atlantic, Stobart Group and
investment adviser Cyrus Capital.