From the Federal Reserve to Bhutan’s Royal Monetary Authority in the Himalayas, central banks are working on digital currency studies or projects. There are several reasons for this. Most importantly, private cryptocurrencies and so-called stablecoins are rapidly becoming popular rivals to traditional money; Central bank digital currencies (CBDCs) would not only keep governments in the game but could help make ...

Bloomberg Airbus SE is confident its global supplier base can overcome pandemic-induced pressures and boost output for the company’s workhorse A320 aircraft family despite the “unprecedented” labour and materials strains currently complicating that effort, Chief Executive Officer Guillaume Faury said. In an interview with Bloomberg News, Faury reaffirmed the company’s plan to boost A320 output from 40 per month today ...

Bloomberg Deutsche Lufthansa AG is adding more than 80 flights from Frankfurt and over 50 departures from Munich this fall as the German airline sees rising demand for leisure destinations. The carrier will offer extra flights to Spain’s Palma de Mallorca, Gran Canaria, Fuerteventura and Malaga, and other European destinations during the country’s fall vacation period, it said in a ...