Turkey earthquake could result in loss of up to 1% of country’s GDP in 2023

The potential economic effects of the earthquake in Turkey could result in a loss of up to 1% of the country’s gross domestic product this year, the
Snapchat now has 750 million monthly active users

Snapchat Chief Executive Evan Spiegel said Thursday the company’s photo messaging app Snapchat now has 750 million monthly active users, while speaking during an investor presentation.
China to scrutinize Ford’s EV battery deal with CATL – Bloomberg News

China will scrutinize Ford Motor Co’s latest deal with battery giant CATL to ensure the Chinese company’s core technology is not shared with the U.S. automaker, Bloomberg
Truckers and subsidies rev up interest in fuel cell vehicles

Interest in using hydrogen fuel cells to power trucks and vans is getting a boost from fleet operators looking for a more practical alternative to
Air India has options to buy 370 more jets after mammoth order

Air India has options and purchase rights to buy 370 more aircraft from Airbus and Boeing over the next decade, an company executive said in
German airport websites hit by suspected cyber attack

The websites of seven German airports were hit by a suspected cyber attack on Thursday, the ADV airport association said, a day after a major IT
Lufthansa to cancel 34,000 flights in summer schedule – WirtschaftsWoche

Lufthansa plans to cancel 34,000 flights in the summer half-year, German business weekly WirtschaftsWoche said on Thursday, adding the number could increase as cancellations at its
BP to buy TravelCenters for $1.3 bln in U.S. fuel retail drive

BP (BPL) will buy truck fueling provider Travel Centers of America Inc for about $1.3 billion, the companies said on Thursday, as the British energy giant seeks to
Tesla sold out Model Y in U.S. for this quarter – Electrek

Electric vehicle maker Tesla Inc (TESLA) has sold out its Model Y for this quarter in the United States, with no more production builds until April, Electrek reported on
E-Transaction Platforms Could Help Protect Asia’s Banks from Nonperforming Loans

Persistent, high levels of nonperforming loans could undermine bank lending and economic recovery in Asia’s developing countries. The global economy is facing growing headwinds amid

