By Terje Solsvik and Victoria Klesty OSLO (Reuters) – Norwegian Air’s <NWC.OL> passenger volume fell by 60% year-on-year in March as it grounded planes amid efforts to halt the spread of the new coronavirus, and will book a hedging loss of $102 million as the cost of fuel has plunged. A pioneer in low-fare transatlantic […]
It’s obvious why Lotus hired Matt Windle to spear its electric car push. The Englishman worked for Tesla for seven years from 2005 – or just a year after Elon Musk bought the early-stage electric vehicle maker. He worked on Tesla’s first car, the Roadster (the model that Musk would later launch toward the sun […]
By Cynthia Kim and Tom Westbrook SEOUL/SINGAPORE (Reuters) – South Korea’s stock market has bounced back harder amid the coronavirus pandemic than any other major bourse in the world, and bond inflows lead Asia, as investors bet Seoul’s handling of the crisis will see it through sooner and stronger than others. Asia’s fourth-largest economy is […]
