ANKARA, Turkey — Turkey’s President Recep Tayyip Erdogan on Monday ratcheted up his objection to Sweden and Finland joining NATO. Erdogan accused the countries of failing to take a clear stance against Kurdish militants and of imposing military sanctions on Turkey. “Neither country has an open, clear stance against terrorist organizations,” Erdogan said at a…
JetBlue launched a hostile takeover bid for Spirit Airlines on Monday and asked shareholders of the low-cost carrier to reject a proposed acquisition by Frontier Airlines. JetBlue hopes that its move will push Spirit’s board to the negotiating table after the board rejected an earlier offer. Spirit said that it will “carefully review” JetBlue’s tender…
McDonald’s is closing its doors in Russia, ending an era of optimism and increasing the country’s isolation over its war in Ukraine. The Chicago burger giant confirmed Monday that it is selling its 850 restaurants in Russia. McDonald’s said it will seek a buyer who will employ its 62,000 workers in Russia, and will continue…
BRUSSELS (AP) — The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraine appeared to be bogged down on Monday, as a small group of countries opposed a ban on imports of Russian oil. Since Russia invaded on Feb. 24, the bloc has implemented five rounds of…
BEIJING (AP) — China’s factory and consumer activity fell even more than expected in April under anti-virus controls, official data showed Monday, but a Cabinet official said the economy is reviving as anti-virus curbs ease and its commercial capital of Shanghai reopens. The slump in the second-biggest economy fueled fears global manufacturing and trade might…
Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong advanced nearly 2.5% and other regional benchmarks were moderately higher. Oil prices slipped. Signs of progress in China’s effort to bring outbreaks of coronavirus under control appeared to be outweighing concern over weaker than…
WELLINGTON, New Zealand (AP) — New Zealand’s government said Monday it will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions. The government said it plans to spend 569 million New Zealand dollars…
NEW DELHI (AP) — India on Sunday said it would keep a window open to export wheat to food-deficit countries at the government level despite restrictions announced two days earlier. India’s Commerce Secretary B.V.R. Subrahmanyam told reporters the government will also allow private companies to meet previous commitments to export nearly 4.3 million tons of…
LONDON (AP) — British Prime Minister Boris Johnson is heading to Northern Ireland on Monday to try to end a political deadlock that is preventing the formation of a regional administration. The trip comes amid threats by Johnson’s government to break the Brexit agreement with the European Union that it signed, but now blames for…
BERLIN (AP) — With Finland and Sweden inching closer to applying for NATO membership amid Russia’s war in Ukraine, the list of “neutral” or nonaligned countries in Europe appears poised to shrink. Security concerns over the war have changed the calculus for Finland and Sweden, and caused other traditionally “neutral” countries to rethink what that…
