Bloomberg The Philippines central bank left its benchmark interest rate unchanged for a second straight policy meeting, while cutting inflation forecasts for this year and next. The overnight reverse repurchase rate was held at 4.75 percent, Bangko Sentral ng Pilipinas said in a statement in Manila. The decision was in line with the forecasts of all 22 economists surveyed by …

Bloomberg Boeing Co is joining with Aerion Corp, a startup founded by Texas billionaire Robert Bass, to help build a supersonic business jet that would cut trans-Atlantic flight times by three hours. The US aerospace giant will make a “significant investment” in Aerion to accelerate design and development, according to a statement. Boeing will replace Lockheed Martin Corp., which had …

Bloomberg Air France-KLM is discussing whether to replace Dutch unit head Pieter Elbers over concerns he may not fully support Chief Executive Officer Ben Smith’s plans to strengthen ties between the two carriers, according to people familiar with the matter. Smith, who took the helm of the holding company in September, is keen for the heads of Air France and …