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Southwest’s 737 Max engines being inspected for disc flaw

Bloomberg Southwest Airlines Co. may have sidestepped a scheduling headache by letting other carriers take the first deliveries of Boeing Co.’s upgraded 737 Max jetliners. The discount airline, the initial buyer of the plane, is awaiting inspection results for 10 engines on its future jets to see if the turbines have a potential manufacturing defect. But that shouldn’t delay Southwest’s ...

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RBI: Infusing funds into India lenders won’t solve debt mess

Bloomberg Indian central bank Deputy Governor Viral Acharya said injecting new funds into lenders won’t resolve the nation’s stressed asset plight until companies take steps to reduce debt. The Reserve Bank of India is seeking to strengthen the banking system through measures including merging weaker banks and pushing to privatize some state-run lenders as it ramps up efforts to resolve ...

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Merkel will push Weidmann as ECB president, reveals Spiegel

Bloomberg Angela Merkel and Wolfgang Schaeuble want to install a German at the head of the European Central Bank (ECB) when Mario Draghi’s term expires in 2 1/2 years, according to Spiegel magazine. The chancellor and her finance minister are set to push for Bundesbank President Jens Weidmann to become the fourth guardian of the single currency, arguing it’s finally ...

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