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Rift within India’s central bank panel widens as views differ

Bloomberg India’s monetary policy-makers disagreed sharply over whether the economy needed another dose of stimulus, underlining their dilemma as growth slowed with inflation forecast to accelerate. While five on the six-member monetary policy committee voted to keep the key policy rate unchanged this month, one member said the Reserve Bank of India (RBI) must be ready to tighten while another ...

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For C Series jet, Airbus puts price tag on ‘made-in-US’ label

Bloomberg Securing a “made-in-US” label for Bombardier Inc.’s C Series jet by building another assembly line in Alabama would cost only “a few hundred million dollars,” Airbus SE’s No. 2 executive said. The new facility is crucial to Airbus’s strategy for increasing US sales of the Canadian plane while avoiding stiff trade penalties imposed by the Trump administration. Bombardier projects ...

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JetBlue drops 12 travel agencies to cut costs

Bloomberg JetBlue Airways Corp. has withdrawn its flights from a dozen online travel sites in the first phase of a broader effort to trim $20 million from its ticket-selling expenses. JetBlue is remaining with larger agencies including Priceline.com and Expedia Inc., along with Expedia’s Travelocity.com and Orbitz.com units. The airline favours sites like Kayak Software Corp.’s Kayak.com where consumers can ...

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