Bloomberg Ilan Goldfajn is racking up the milestones as Brazil’s central bank president, but he’s still a long way from securing the institution’s ultimate goal: greater independence. Since taking the helm in June last year, the 51 year-old former Itau Unibanco chief economist has helped bring inflation to an 18-year low, hastened the end of subsidized state loans, and saw ...

Bloomberg Struggling retail companies across the US are shuttering their stores and declaring bankruptcy —again. Of at least 10 merchants to file for Chapter 11 protection from creditors in the past year, four are taking the trip to bankruptcy court for the second time in as many years. While the ins-and-outs of bankruptcy are inscrutable to the average customer, at ...

Bloomberg Airlines are cancelling flights in New Zealand and adding stops for long-haul services after a pipeline bringing jet fuel to Auckland airport was closed due to a leak. Air New Zealand estimated 2,000 customers a day will be affected by the disruption over the next few days as it has just 30 percent of normal fuel volumes available to ...