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ECB leaves flexibility for bond reinvestments in its guidance

Bloomberg The European Central Bank may be willing to show greater flexibility in how it supports its economy when bond-buying stops. When policy makers extended quantitative easing to at least Septe- mber, they stipulated that money from maturing debt would be reinvested in the same country for as long as the ECB keeps adding to its holdings. In limiting that ...

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Airbus explores single-pilot, autonomous jets to cut costs

Bloomberg Airbus SE is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial jetliners, helping cut costs for carriers, Chief Technology Officer Paul Eremenko said. “The more disruptive approach is to say maybe we can reduce the crew needs for our future aircraft,” Eremenko told Bloomberg. “We’re pursuing single-pilot operation as a potential ...

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Japan’s Uniqlo owner seeks to enter India

Bloomberg Fast Retailing Co., operator of the Uniqlo casual-wear brand, has applied to open stores in India as Asia’s largest clothing chain increases its reliance on overseas markets. The Japanese company submitted an application seeking government approval to do business in India under the Uniqlo brand name, according to a filing on India’s Department of Industrial Policy & Promotion website. ...

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