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Inflation misses across the world fuel central bank debates

Bloomberg With so many central banks failing to hit their inflation targets, some are considering changes to the tool kits they use to steer their economies. Norway’s decision to lower its price target is just the latest example, and follows more or less official adjustments in Sweden, Argentina and the euro area. Even in New Zealand, the birthplace of inflation ...

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Cathay Pacific revamp takes airline closer to profit revival

Bloomberg Cathay Pacific Airways Ltd. is finally seeing some respite from its earnings woes. Asia’s biggest international carrier reported a surprise profit in the second half of 2017, with a pick-up in cargo and premium-travel demand helping narrow the full-year net loss to HK$1.26 billion ($161 million). That’s well below analysts’ expectations for a loss of HK$2.26 billion, based on ...

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United Airlines studying ‘premium economy’ for domestic markets

Bloomberg United Continental Holdings Inc. is considering whether to add an upgraded economy section to US flights—a feature typically reserved for overseas markets. The Chicago-based carrier for months has been readying a new “Premium Plus” section with bigger seats and improved dining options. While the company previously said it would add the class to international routes, it’s now considering it ...

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