BoE offers £75 billion stimulus to UK economy London: The Bank of England has launched a second round of quantitative easing to defend Britains faltering economy against the euro zone debt crisis,pledging to buy £75 billion of assets with new money in a dramatic move to stave off recession. Microsoft Corp considers bidding for Yahoo: report New York: Microsoft Corp is considering a bid for Yahoo Inc,resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the Internet company in 2008,sources close to the situation said. CCI clears R100 crore Aica Kogyo takeover New Delhi: Competition watchdog CCI has cleared the proposed takeover of laminates division of the Wadia Group firm Bombay Burmah Trading Co by Japan-based Aica Kogyo for an estimated Rs 100 crore. Fitch reaffirms rating on Exim Banks long-term IDR New Delhi: Ratings agency Fitch has affirmed Export-Import Bank of Indias long-term Issuer Default Rating,with a stable outlook,on the back of the banks good financial condition. BBC slashing 2,000 jobs amid budget cuts London: BBC said on Thursday it is to cut around 2,000 jobs as the publicly-funded broadcaster makes savings as part of government efforts to reduce a record deficit. BMW to launch under-1,000cc bikes by Jan Mumbai: BMW,which entered the domestic market early this year with as many as six models in the two-wheeler segment,plans to launch under-1,000cc bikes by January.
