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Bank of Tanzania rejects ‘media’ claims of printing $656 million

Bloomberg Bank of Tanzania refuted social-media allegations about printing notes valued at 1.5 trillion shillings ($655.9 million) for the government’s use. “The central bank informs the public that the statement is incorrect and intends to affect the trust of citizens and international stakeholders on Tanzanian financial stability,” the central bank said in an emailed statement. The government’s overdraft at the ...

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Poland wants share of Asian flights with ‘airport project’

Bloomberg Poland is banking on booming passenger and cargo traffic to help turn its planned transportation hub into a key European gateway to Asia and is open to looking for partners in the far East to help finance it. The European Union’s largest eastern economy plans to plow as much as $9.4 billion by 2027 into building a 45-million passenger ...

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Rolls-Royce falls as engine failure spurs design fears

Bloomberg Rolls-Royce Holdings Plc fell the most in more than a year after the in-flight shutdown of one of its engines on an Airbus SE A350 jet raised concerns that the model may be the latest afflicted by a design defect. The captain of the Iberia flight from New York to Madrid made an emergency landing in Boston 1 1/2 ...

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