
Shareholders sue Royal Caribbean for failure to disclose decreased bookings
Oct 09, 2020 00:58 am UTC| Business
Investors have sued Royal Caribbean Cruises in the Miami federal court over allegations that it failed to disclose pandemic-induced decreased bookings early in the year and exaggerated its ability to prevent the spread of...

EasyJet's first annual loss expected to reach $1.1 billion
Oct 09, 2020 00:52 am UTC| Business
UKs EasyJet revealed that its first-ever annual loss could reach $1.1 billion as it was operating at just 25 percent of its capacity. Analysts had expected it to lose $1 billion. EasyJet said continued travel...

Strike to reduce Norway's oil, gas output by a quarter
Oct 09, 2020 00:46 am UTC| Business
An ongoing strike by Norwegian oil workers could cut almost a quarter of the countrys petroleum production by Oct. 14, which could further increase prices on the international oil market. The collapse of wage talks...

Hyundai Motor delivers first batch of hydrogen trucks to Switzerland
Oct 09, 2020 00:31 am UTC| Business
Hyundai Motor has delivered seven Xcient Fuel Cell, the worlds first mass-produced fuel cell electric heavy-duty truck, to customers in Switzerland as it eyes global expansion. The customers who received the first batch...

Hyundai Oilbank's EV charging stations to reach 200 by 2023
Oct 09, 2020 00:19 am UTC| Business
Hyundai Oilbank will increase the number of its electric vehicle (EV) charging stations to 200 by 2023 with the help of Charzin, a company specializing in electric vehicle charging infrastructure. The petroleum and...

Faulty batteries force Hyundai to recall over 25,000 Kona EVs
Oct 09, 2020 00:13 am UTC| Business
Hyundai Motor Co. will voluntarily recall 25,564 Kona Electric models due to a possible short circuit in the faulty battery cell system that may lead to a fire. The affected vehicles were those manufactured between...

European oil firms struggle to meet UN climate goals
Oct 09, 2020 00:08 am UTC| Business
None of Europes 59 major oil companies, including BP and Royal Dutch Shell, are on track to meet the Paris Agreements goals on limiting global warming. BP is the least aligned among the European firms, not even meeting...