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Standard Bank eyes West Africa growth post Ivory Coast entry

Bloomberg Standard Bank Group Ltd. is seeking a banking license in Senegal after opening in Ivory Coast as the lender expands in West Africa’s French-speaking countries. Africa’s largest lender, which opened in the world’s biggest cocoa producer, will focus on corporate and investment-banking clients after obtaining the license in 2016, Sola David-Borha, the Johannesburg-based company’s chief executive officer for Africa, ...

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Bank of England mustn’t dally over next interest rate hike

LONDON / Reuters The Bank of England should not delay raising interest rates again, one of its top policymakers said, pointing to the possibility of faster pay rises and the recent strong pick-up in the world economy. Ian McCafferty told Reuters that after lagging behind inflation for much of the past decade, wage growth might prove stronger than most of ...

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Norwegian Air postpones Canada services amid 737 delivery delays

Bloomberg Norwegian Air Shuttle ASA has shelved flights between Europe and Canada until next year after delivery delays afflicting Boeing Co. 737 Max narrow-body jets left too little time to market the planned routes. Services won’t now begin until spring 2019 following a slippage of about four weeks in the handover of two 737s, Norwegian Air Chief Executive Officer Bjorn ...

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