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ECB officials fear investors are losing faith in inflation goal

Bloomberg Fears are mounting at the European Central Bank (ECB) that investors are losing faith in the inflation outlook, in a self-reinforcing spiral that could force the institution to dig deeper into its stimulus toolkit. Staff at the euro zone’s national central banks are worried that inflation expectations are becoming “deanchored,” according to officials familiar with the matter. They cited ...

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UK’s Ocado invests $22m in vertical-farming deals

Bloomberg Ocado Group Plc is investing in a pair of vertical-farming ventures as the UK maker of online retail technologies branches out following its mammoth deal with Marks & Spencer Group. The company said it bought a 58 percent stake in Jones Foods Co, Europe’s largest operating vertical farm, based in Scunthorpe, England. Ocado will use its know-how in automation ...

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Japan blames F-35 fighter jet crash on pilot disorientation

Bloomberg Japan believes pilot disorientation, rather than technical problems, caused the loss of one of its stealth F-35A fighter jets earlier this year, Kyodo News reported. Findings compiled by Japan’s Air Self-Defense Force said the pilot was ordered to descend to a lower altitude to avoid a nearby US plane during a training session in April. He responded calmly, but ...

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