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IMF influence in Pakistan central bank gets a boost

Bloomberg The International Monetary Fund’s (IMF) influence in Pakistan’s central bank got another boost with the appointment of a second senior official from the fund. Murtaza Syed was appointed as deputy governor at the State Bank of Pakistan for a three-year term, according to a finance ministry notification. Syed was previously deputy division chief in the IMF’s strategy, policy, and ...

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Boeing sees grounded Max return slipping to mid-year

Bloomberg Boeing Co said its grounded 737 Max won’t be cleared to fly until the middle of this year, at least six months later than previously anticipated, adding to the company’s financial burden. The US planemaker is resetting expectations as it addresses two recent setbacks for the embattled Max: a software flaw that will require more work than expected and ...

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United Air declares early victory on its 2020 profit target

Bloomberg United Airlines Holdings Inc declared an early victory on its 2020 profit goal, handing a steady keel to President Scott Kirby as he prepares to take over as chief executive officer in four months. Adjusted earnings climbed to $12.05 a share in 2019, United said in a statement, achieving a longstanding target that the company initially set for this ...

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