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737 Max crisis wasn’t one man’s fault

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The first indictment in the Boeing Co 737 Max crisis should not be the last. Late last week, a federal grand jury charged the company’s former chief technical pilot, Mark Forkner, with deceiving Federal Aviation Administration (FAA) officials in their evaluation of the Max and scheming to defraud the plane maker’s customers. Forkner is the only person to be indicted ...

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Hedge funds need new M&A playbook in Berlin

Merger arbitrageurs once found it easy to force bidders for German companies to pay a full price for a takeover target. But acquirers are adopting a new playbook to keep meddlesome hedge funds at bay. For the German corporate sector, it’s a pyrrhic victory. The key battle in German M&A used to be over securing a 75% holding — the ...

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BOE is made for hiking, that is what it will do

Clunk! With all the subtlety of a dropped hammer, Bank of England (BOE) Governor Andrew Bailey dispelled what little doubt was left that UK interest rates would be raised before the end of this year. The central bank would “have to act” to reduce inflationary pressures, he declared at an online panel held by the Group of 30, an organisation ...

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