Friday , 19 December 2025

Air France-KLM says narrow-body talks intensify, order may split

Bloomberg Air France-KLM is deep in negotiations with Airbus SE, Boeing Co and engine-makers vying for a massive narrow-body order and plans to make a decision on suppliers within months, Chief Executive Officer Ben Smith said. The deal will include at least 80 firm orders and 60 to 80 options, Smith said at an event in Paris. The purchase could …

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JetBlue says staff must get Covid shots

Bloomberg JetBlue Airways Corp told workers that two provisions in a recent federal mandate mean they must get fully vaccinated against Covid-19, possibly as soon as December 8. Airline cites provision requiring vaccinations at companies with more than 100 employees and those that do business with the federal government; “We will be treated as a federal contractor,” memo said. JetBlue …

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Walmart eyes sustainable debt sequel after record green deal

Bloomberg Walmart Inc is looking to sell more sustainable debt amid pressure for the retail industry to reduce its carbon emissions. The world’s biggest retailer made its debut in the green bond market in September with a $2 billion offering, the largest ever from a US corporation. The transaction was part of $7 billion bond sale spread across five parts …

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Czechs vow to hike rates further after boldest move in 24 years

Bloomberg The Czech central bank pledged to keep raising borrowing costs after lifting interest rates by the most in nearly a quarter century, pushing the koruna higher and angering the government with the European Union’s most aggressive anti-inflationary campaign. Policy makers increased the benchmark rate by 75 basis points to 1.5%, exceeding expectations for a half-point increase. The move followed …

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Citi sees India raising reverse repo rate at next week’s review

Bloomberg Citigroup Inc predicts India’s central bank will raise its reverse repo rate next week rather than the December increase expected earlier, becoming one of the first big banks to forecast the rollback of emergency measures as growth recovers and inflation expectations stay high. Governor Shaktikanta Das will probably announce on October 8 a 15 basis point increase in the …

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Ukraine central bank looks to hryvnia rally to tame inflation

Bloomberg Ukraine’s central bank won’t stand in the way of the hryvnia’s rally as it’s helping keep a lid on the country’s double-digit inflation, central bank Deputy Governor Serhiy Nikolaychuk said. With a 6.5% gain against the dollar this year, the currency is among the world’s best performers and beats all of its east European peers, most of which have …

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Hong Kong asks banks to report exposure to Evergrande Group

Bloomberg Hong Kong’s central bank asked lenders to report their exposure to debt-laden China Evergrande Group on concern over potential systemic risks to the region’s financial system, according to people familiar with the matter. The Hong Kong Monetary Authority (HKMA) queried lenders in the city, giving them 24 hours to respond on their financial commitments to China’s most indebted developer, …

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Sri Lanka to reassure investors with sprawling forex plan

Bloomberg Sri Lanka aims to bolster its currency reserves and finances through a sprawling plan that includes boosting export earnings repatriation and tax reforms, as well as outside funding, currency swaps and possibly repurchasing or renegotiating debt, its central bank chief said. Ajith Nivard Cabraal, the central bank of Sri Lanka’s newly appointed governor, said the country aims to provide …

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JPMorgan sees BOE rate hike this year

Bloomberg A Bank of England (BOE) rate hike looks likely this year if UK supply problems don’t ease and inflation pressures aren’t tempered by the end of government job support. That’s according to Allan Monks, an economist at JPMorgan Chase & Co., who said in a note to clients that while the Monetary Policy Committee would prefer to delay a …

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Vaccine stocks shed $84bn as Merck pill adds to rough week

Bloomberg For the world’s leading Covid-19 vaccine makers, news that Merck & Co’s experimental pill cuts the risk of hospitalisation and death in half was the latest blow in a very bad week. Stocks including Moderna Inc and BioNTech SE have shed about $84 billion in combined value this week in the aftermath of a stock market slump that sent …

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