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All banks must handle cash, says Riksbank

Bloomberg Sweden’s central bank said it wants all banks, and not just the biggest financial institutions, to be obliged to handle cash, as lawmakers seek ways to limit the nation’s rapid development into a cashless society. Commenting on a proposal by the parliament committee reviewing the central bank laws to force the biggest banks to handle cash, Riksbank Governor Stefan ...

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Boeing creates new unit to focus on futuristic tech

Bloomberg Boeing Co is creating a new unit to focus on technology that’s seemingly straight out of science fiction, including super-fast computing that mimics the synapses of the human brain and hack-proof communications links based on applied quantum physics. So-called neuromorphic processing and quantum communications, two of the futuristic technologies Boeing wants to explore, may seem an odd fit for ...

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Airbus weighs another management shakeup

Bloomberg Airbus SE is preparing for another round of management shakeup, according to people familiar with the matter, after overhauling most of its senior executive lineup. The European planemaker is considering changes in key sales positions that report to new commercial chief Christian Scherer — including several occupied by veterans who worked under longtime sales chief John Leahy, said the ...

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