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Argentine peso rises on new measures

Argentina printing pesos at fastest pace in 4 months

Bloomberg The Argentine peso gained as the government and the central bank announced measures to control inflation after prices rose more than expected in March for the third consecutive month. The peso climbed as much as 2.3 percent before paring gains to finish trading up 1.1 percent at 41.9 per dollar. Some investors saw the announcements as boosting President Mauricio ...

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Bank Austria seeks special audits of ‘3 Banks Group’

Bloomberg UniCredit SpA’s Austrian unit is requesting special audits of at least one of the lenders comprising the 3 Banks Group, saying it broke corporate law and governance rules for years. UniCredit Bank Austria AG is demanding the audit of six share issues at BKS Bank AG, one of the three banks, according to a motion for the May 8 ...

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First Japan-built airliner in 50 years takes on Boeing, Airbus

Lead mitsubishi regional jet copy

Bloomberg A new, long-delayed 88-passenger jet from Japan may finally be the right plane at the right time. More cities in Asia and Europe are seeking to link up with each other and the global air travel network. The Mitsubishi Regional Jet (MRJ), the first airliner built in Japan since the 1960s, began certification flights last month in Moses Lake, ...

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