RBA May Need to Raise Rates by Year End, HSBC Says
April 4 (Bloomberg) -- Paul Bloxham, chief Australia economist at HSBC Holdings Plc and a former Reserve Bank of Australia official, talks about the nation's economy, currency and central bank monetary policy. Australian retail sales climbed four times faster than economists forecast in February, and building approvals rebounded. Bloxham speaks from Sydney with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
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The 'Uncertainty' and 'Turmoil' Facing Air France-KLM
29:55 - Air France-KLM Group said its markets are deteriorating as fares fall and France’s standing as a tourist hotspot is undermined by a succession of terrorist attacks that have spanned Paris to the Riviera. Europe’s largest airline said Wednesday there is “special concern about France as a destination” amid the Islamic State-inspired killings. Fuel savings that lifted second-quarter operating profit 77 percent will also be “more than offset” over the year as a fare drop prompted by overcapacity clips revenue. Chief Financial Officer Pierre-Francois Riolacci discussed with Bloomberg.