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By David Milliken and Andy Bruce LONDON, Jan 16 (Reuters) - - Bank of England Governor Mark Carney said on Monday that he would keep a close eye on British consumers this year to see if their buoyant mood since June's Brexit vote persists in the face of higher inflation. Britain had one of the world's fastest-growing advanced economies last year, but the central bank has forecast growth will slow in 2017 as inflation rises above target in response to sterling's slump since the European Union referendum. In his first speech of 2017, to be delivered at the London School of Economics, Carney said there were increasing signs that British growth was relying on consumer spending - rather than investment or exports - which boded poorly for the future.
The wife of Orlando nightclub shooter Omar Mateen was arrested by the FBI on Monday at her home in California, a law enforcement official said, following questions over whether she was aware of his plans to carry out the attack. Mateen gunned down 49 people at the Pulse gay nightclub on June 12, 2015, in the deadliest mass shooting in US history. Mateen, whose parents had immigrated from Afghanistan, had apparently become radicalized after watching online jihadist propaganda.
Gildan won the rights to American Apparel's brand with an $88 million bid in a bankruptcy auction last week. "The company issued a WARN Act notice several months ago, letting employees know that depending on the buyer of the business, a sale could result in eventual shrinkage of some business areas," American Apparel said in a statement. Last week, American Apparel reached a preliminary deal to sell its Garden Grove manufacturing site to textile manufacturer Broncs Inc, re-launching it as a knitting and dying facility.