Thursday was expected to bring the spotlight to Europe, and what could be a historically consequential meeting on monetary policy by the European Central Bank (ECB). It’s going to raise rates. But there is now some question over how much — 25 or 50 basis points? And the constraints have never looked tighter. We all know that the world ...

Bloomberg After emerging from a debilitating pilot strike, SAS AB now faces its next battle: convincing investors that it’s worth backing the Scandinavian airline’s $3 billion rescue plan. The carrier has just weeks to secure as much as $700 million in bridge loans to finance ongoing operations while it undergoes US Chapter 11 bankruptcy proceedings, said Jacob Pedersen, an analyst ...

  Bloomberg Embraer said the choice of engine provider for a proposed propeller-driven model has been whittled down to US-based Pratt & Whitney and its UK rival Rolls-Royce Holdings. The Brazilian planemaker is evaluating the proposals and will make a final decision on the supplier by the fourth quarter, Arjan Meijer, chief executive officer at its commercial aviation business, said ...