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‘Oneworld airline’ mulls low-cost, emerging-market members

  Bloomberg The Oneworld alliance, which includes British Airways and American Airlines, is reviewing the case for seeking members from the ranks of discount carriers while exploring measures to fill gaps in emerging markets. Rob Gurney, who took over as Oneworld’s chief executive officer in October, said he’s considering the group’s approach to low-cost operators that account for an ever-increasing ...

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Turkey’s central bank seen staying difficult course

  ANKARA / Reuters Turkey’s central bank will stick with unorthodox measures to keep borrowing costs at five-year highs at least until inflation peaks this year, according to people familiar with its thinking, despite sharp criticism from investors. The bank has long puzzled markets with a complex system of setting policy through multiple interest rates but it ratcheted up the ...

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Swedish CEO sees no reason to upend UK expansion plans

  Bloomberg The man running Svenska Handelsbanken AB, one of Sweden’s biggest banks, sees no reason to let Brexit upend his expansion plans in the UK. Anders Bouvin, chief executive officer of the Swedish bank known for its commitment to branches in a digital age, says his strategy is proving especially effective in attracting small UK businesses looking for funding. ...

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