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ECB sticks to lowest gears as Euro area trundles towards QE exit

Bloomberg The European Central Bank (ECB) is trying to work out a key question about the road to policy normalization: what’s the speed limit? Three weeks before their next policy decision, the terms of debate between the ECB’s 25 Governing Council members over announcing and implementing an exit from unconventional stimulus have coalesced around the pace. In one camp are ...

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Wider laptops ban to cost passengers $1bn: IATA

Bloomberg The widening of a US ban on carrying electronic devices aboard aircraft to include flights from Europe would cost travellers in excess of US$1 billion, the head of the airline industry’s global lobby group said. Extending the curbs, which currently apply only to some US-bound services from the Middle East and North Africa, would obstruct travel and might not ...

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Boeing’s flying cash machine debuts as Lion takes first 737 Max

Bloomberg Boeing Co. delivered the first 737 Max to the jetliner’s largest customer, Lion Mentari Airlines PT, a step toward reaping a cash bounty from the best-selling aircraft in company history. The Tuesday hand-off to Lion’s Malaysia affiliate, Malindo Airways, was only one day later than first scheduled after the US planemaker quickly recovered from a possible engine manufacturing defect, ...

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