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BOE November rate hike isn’t set in stone after crunch week

Bloomberg After a crucial week for the Bank of England (BOE), a November interest-rate increase no longer looks like a sure thing. Inflation may have hit 3 percent, but for some policy makers at the central bank, the domestic price pressures that justify raising now aren’t there. That view was backed up by data that showed wage growth slowing. Dave ...

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South African Airways chief ousted in board shake-up

Bloomberg South African Airways Chairman Dudu Myeni will leave the state-owned airline in a shake up of the board scheduled for early next month, as the finance ministry puts new management in place to turn around the unprofitable carrier. Myeni, who is friends with South African President Jacob Zuma and heads his charitable foundation, is the most prominent of a ...

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Quebec touts Airbus sales power, jobs saved in C Series deal

Bloomberg The deal that ceded control of Bombardier Inc.’s C Series jet programme to Airbus SE was the best option to save jobs in Quebec and ensure the industry’s future in the Canadian province, Economy Minister Dominique Anglade said. The entry of the European plane maker brings in a “selling firepower” that Bombardier doesn’t have, opening up markets for the ...

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