CEO Akbar Al Baker tells CNN whe was “very surprised” by Australia’s decision to block more flights; central bankers will decide the interest rates for half the world’s biggest economies this week; Evergrande staff arrest in China. Follow the latest here.
A 36-hour rush of global monetary decisions may set the tone for the rest of the year as the world adjusts to a US push to keep interest rates high.
So no one will dare to declare that their job is done, even amid the prospect that central banks in countries from the UK to Switzerland on Thursday could open the door to a pause, as happened last week in the eurozone. While economists surveyed by Bloomberg expect no change at Friday’s meeting, they’ll closely scrutinise any comments on the future of negative rates after Ueda recently touched on the possibility of scrapping them.
In England, forecasters almost unanimously anticipating a quarter-point hike but less united on what happens next. Sweden’s Riksbank, also on Thursday, may be less relaxed. Despite a feeble economy, officials are too concerned about the state of inflation to risk a pause.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Qantas CEO’s job just got even harder“Mind-boggling” is how one company director describes the extent to which the airline has treated its staff and customers.
Read more »
ASX rallies, ACCC to block Qantas-China Eastern alliance — as it happenedLocal stocks rise and the ACCC moves to block a partnership between Qantas and China Eastern. Look back on the day's financial and business news with our blog.
Read more »
China blow for Qantas as watchdog looks to block partnershipThe Australian Competition and Consumer Commission has flagged its attention to reject Qantas’ long-running partnership with China Eastern over concerns the airlines may behave anti-competitively.
Read more »
China blow for Qantas as watchdog looks to block partnershipThe Australian Competition and Consumer Commission has flagged its attention to reject Qantas’ long-running partnership with China Eastern over concerns the airlines may behave anti-competitively.
Read more »
China blow for Qantas as watchdog looks to block partnershipThe Australian Competition and Consumer Commission has flagged its attention to reject Qantas’ long-running partnership with China Eastern over concerns the airlines may behave anti-competitively.
Read more »
Live: ASX jumps after broad rally on Wall Street, ACCC to block Qantas-China Eastern allianceA rally on Wall Street overnight sends Australian stocks sharply higher. Hotter-than-expected economic data in the US eases worries about a recession without raising fears of a Federal Reserve rate hike next week. Follow the latest updates in our live blog.
Read more »