ANKARA, Turkey (AP) — Turkey’s central bank on Thursday kept its key interest rate unchanged for a second consecutive month despite soaring inflation that has left many in the country struggling to purchase food and basic goods. A statement from the bank’s Monetary Policy Committee said it will keep its policy rate “constant” at 14%….
NEW YORK (AP) — Walmart muscled through rising inflation, a snarled global supply chain and surging costs related to COVID-19 sick leave among its workers to deliver strong fourth quarter results Thursday. The nation’s largest retailer, based in Bentonville, Arkansas, also delivered on Thursday an upbeat outlook for this year and boosted its dividend. Shares…
AMSTERDAM (AP) — Airbus booked a record profit of 4.2 billion euros ($4.8 billion) last year as the aircraft maker delivered more planes with the global economy rebounding from the coronavirus pandemic. It is the first annual profit for the Toulouse, France, manufacturer since 2018, before the spread of COVID-19 reduced air travel to levels…
TYRNAVOS, Greece (AP) — In Greece’s rural heartland, tractors have become a symbol of anxiety. For weeks, they have been parked along the country’s highways, their owners threatening to block traffic. Farmers are desperate for additional financial aid to cope with surging energy prices that are pushing up their costs for fuel and fertilizer, posing…
DETROIT (AP) — U.S. auto safety regulators have launched another investigation of Tesla, this time tied to complaints that its cars can stop on roads for no apparent reason. The government says it has 354 complaints from owners during the past nine months about “phantom braking” in Tesla Models 3 and Y. The probe covers…
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) said Thursday it is opening a formal investigation into 416,000 Tesla vehicles over reports of unexpected brake activation tied to its driver assistance system Autopilot. The preliminary evaluation covers 2021-2022 Tesla Model 3 and Model Y vehicles in the United States after the…
NEW YORK (AP) — Visa Inc. and Amazon.com Inc. announced an agreement Thursday that allows customers to use Visa cards on Amazon sites worldwide without additional fees. The companies also agreed to collaborate on product and technology initiatives for “innovative payment experiences,” Visa said in an email. Credit card fees have been a growing source…
By Jesús Aguado MADRID (Reuters) – Aggravated by fiddly financial apps, retired urologist Carlos San Juan got more than he bargained for when he began a campaign for a more user-friendly service from Spain’s banks. The 78-year-old kicked off a revolt dubbed ‘I’m old, not an idiot’ online at the end of December and by…
By Joel Schectman and Christopher Bing WASHINGTON (Reuters) – A single activist helped turn the tide against NSO Group, one of the world’s most sophisticated spyware companies now facing a cascade of legal action and scrutiny in Washington over damaging new allegations that its software was used to hack government officials and dissidents around the…
By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages, but losses were capped by heightened tensions between top energy exporter Russia and the West over Ukraine. Brent crude traded down $1.26, or 1.3%, at $93.55 a barrel by 0914 GMT. U.S….
