Bloomberg Paraguayan policymakers kept their benchmark interest rate at 4.75 percent, reiterating that its current level is the “most prudent” strategy amid slowing growth and tame inflation. In an interview a day before the monetary policy meeting, central bank chief Jose Cantero said that the key rate was at “neutral levels” taking into account the economy and consumer prices. The …

Bloomberg The 5.8 billion-euro ($6.6 billion) offer of Czech billionaire Daniel Kretinsky and his Slovak investment partner Patrik Tkac for Metro AG “substantially undervalues” the German food distributor, the management board said. The unsolicited bid of 16 euros for each ordinary share and 13.80 euros per preference share also doesn’t reflect its value creation plan, the Dusseldorf-based company said in …

Bloomberg Just two months after unveiling plans to begin US service to the UK, JetBlue Airways Corp moved to fly farther still, ordering 13 Airbus SE A321XLRs, the new, longest-range version of the popular narrow-body jet. The order builds on JetBlue’s April decision to enter the hyper-competitive trans-Atlantic market in 2021, with flights from Boston and New York to London. …