Union threatens more strikes at British Airways

The union representing British Airways' <BAY.L> striking cabin crew warned on Saturday that it would stage more stoppages unless there was a breakthrough in the dispute over pay and jobs.

Zero rates not a policy floor, says ECB's Orphanides

Central bankers can continue to ease monetary policy even when interest rates are at zero, and should do so if they sense the threat of deflation, a member of the European Central Bank's Governing Council said on Saturday.

ECB's Orphanides: Can still ease past zero rates

Central bankers can continue to ease monetary policy even when interest rates are at zero, and should do so if they sense the threat of deflation, a member of the European Central Bank's Governing Council said on Saturday.

Geely, Ford to sign Volvo accord on Sunday: Volvo

Zhejiang Geely Holding Group, China's largest private-run car maker, will sign an agreement on Sunday with Ford Motor to buy the carmaker's Volvo car unit, a Volvo spokesman said on Saturday.

Lufthansa calls for mediator in pay dispute - report

Senior executives at Lufthansa <LHAG.DE> are calling for a mediator in an ongoing pay dispute with pilots, German magazine Der Spiegel reported, raising hopes that a looming strike could be averted.

A virtual farm turns new ground for game developers

A virtual farm attracting up to 83 million aspiring farmers monthly has video game developers scrambling to find ways to plough the booming popularity of games on social networks.

Swiss regulator to draft rules on undeclared funds

Switzerland's financial regulator FINMA will shortly draw up rules setting out the conditions under which banks can manage funds of foreign clients that have not been declared for tax, it said on Saturday.

British Airways cabin crew stage second strike

British Airways <BAY.L> cabin crew began a four-day strike on Saturday, the second walkout this month that will cost the company millions of pounds and lead to more travel chaos before the busy Easter holiday period.

Fed officials leery of unconventional policies

The Federal Reserve's unprecedented dose of stimulus to the economy during the recent financial crisis complicates the task of pulling back when the time is right, top central bank officials said on Friday.

MGM creditors to discuss standalone plan

Metro-Goldwyn-Mayer's steering committee will meet with creditors to present a stand-alone plan for the famed studio next week, sources familiar with the matter said.

AT&T sees $1 billion healthcare related charge

AT&T Inc <T.N> said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes.

Bankers named suspected conspirators in muni case

Nearly 30 bankers from more than a dozen financial companies have been named by the federal government as suspected co-conspirators in a broad investigation into pricing of certain municipal derivatives, according to court documents.