FRANKFURT (Reuters) – Lufthansa <LHAG.DE>, which has grounded almost all its aircraft due to the coronavirus pandemic, said its operating loss increased to 1.2 billion euros ($1.3 billion) during the first three months of the year and the loss would be considerably higher in the current quarter. Crisis-related asset impairments and a slump in the […]
By Chen Aizhu and Muyu Xu SINGAPORE/BEIJING (Reuters) – China is set to further expand its massive oil refining capacity this year, offering support to global oil prices, and U.S. producers in particular, but its plans spell more gloom for Asia’s hard-hit refining industry. Already the world’s No.2 oil refiner after the United States, China […]
(Reuters) – Tesla Inc investors compiled a list of questions to the company ahead of the electric carmaker’s quarterly earnings report on Wednesday, ranging from requests for updates on the company’s insurance policy to complaints about questions asked by analysts. A note on the website said Tesla invites its investors to ask questions on the […]
