Bloomberg Poland’s central bank has repeatedly vowed to keep government borrowing costs low during the pandemic. Its quantitative-easing auction this week had the opposite effect. The National Bank of Poland unexpectedly refused to buy $1.2 billion of government bonds that investors offered to sell, sending the local debt market into a tailspin. The decision blindsided investors, sparking speculation that policy ...

Bloomberg The main thing Ferrari will tell you about the 2021 Ferrari SF90 Stradale is how much of a bargain it is. The arithmetic requires some squinting around the edges of elitism and a healthy injection of relative logic. It goes like this: The two-door coupe is the second hybrid from Modena, Italy’s crown jewel, the first being the La ...

Bloomberg Ford Motor Co is boosting spending on electric vehicles by at least 36% to $30 billion over the next four years and said that by the end of the decade, four out of 10 models it sells will be battery-powered. The investment includes creating a range of batteries the carmaker is calling IonBoost and the development of solid-state batteries ...