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Polish rate hawk sets sights on single hike

Bloomberg The most hawkish member of Poland’s Monetary Policy Council said a single interest-rate increase is needed to ward off the rising threat of inflation. Central banker Kamil Zube-lewicz said that such tightening wouldn’t harm economy but ev-en he holds out little hope that the 10-member policy panel — which has kept the benchmark unchanged for seven years — will ...

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Rough summer travel awaits with fewer flights, TSA staff

Bloomberg Summer living is supposed to be easy, according to George Gershwin, but millions of air passengers during this year’s peak travel season may beg to differ thanks to a confluence of events that are making airlines and airports nervous. The US carriers’ trade group, Airlines for America, estimates that a record 257.4 million people will fly from June 1 ...

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Billionaires differ over ‘one issue’ at IndiGo: CEO

Bloomberg Billionaire founders of IndiGo, Asia’s biggest budget airline by market value, are debating “one issue,” the company’s chief executive officer said, days after local media reported the owners have fallen apart. “There are absolutely no differences on strategy, no differences on international expansion, no differences on management selection,” CEO Ronojoy Dutta said in a conference call with analysts. “There ...

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