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Wealth fund chief Orr named New Zealand central bank governor

Bloomberg Adrian Orr will oversee the biggest overhaul of New Zealand’s central bank since it pioneered inflation targeting in the early 1990s. Orr, 54, will begin a five-year term as governor of the Reserve Bank on March 27, Finance Minister Grant Robertson said in Wellington. A former deputy governor and chief economist at the RBNZ, Orr currently heads the New ...

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Next BOJ governor faces ‘job from hell,’ says Kuroda critic

Bloomberg The next governor of the Bank of Japan faces a “job from hell.” That’s according to Takeshi Fujimaki, a banker-turned-lawmaker who sees any attempt by Japan’s central bank to exit its prog- ram of unprecedented easing as triggering a Greek-like debt crisis. “This is the calm before the battle,” Fujimaki, an opposition Japan Innovation Party politician who once served ...

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Ryanair’s Dublin pilots throw weight behind strike effort

Bloomberg Ryanair Holdings Plc pilots in the airline’s home base of Dublin defied a management threat and voted in favour of labour action, throwing their weight behind a European organising campaign seeking better working conditions. Of the cockpit staff who voted, 95 percent said they’d rather strike than accept management proposals to improve employment terms, people familiar with the matter ...

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