Bloomberg The Bank of Russia warned growing risks of higher inflation may leave no room for further monetary easing after it kept the key rate unchanged at a third consecutive policy meeting. The key rate was kept at 4.25%, the lowest level on record, after 200 basis points of cuts earlier this year. The central bank left the door open ...

Bloomberg The problem with writing an annual retrospective on the luxury cars that should have been better in 2020 is that the worst of them weren’t actually bad, they were just forgettable. Or underwhelming. When you consider that the worst cars in past decades would actually break down, blow up, or impale you upon impact, complaining about being forgettable or ...

Bloomberg Apple Inc. plans to build a self-driving car for consumers and is targeting 2024 to produce the vehicle, Reuters reported. The company is developing its own battery technology that could reduce the cost of power packs and extend the vehicle’s range, Reuters said Apple is tapping outside partners for elements of the system, including lidar sensors that provide autonomous ...