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SYDNEY (Reuters) - Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic. Cathay Pacific and Cathay Dragon logos are seen near a counter at Hong Kong International Airport, China October 20, 2020. REUTERS/Lam Yik. The airline would also seek changes in conditions in its ... Full story
DENVER (Reuters) - Helicopters rescued 23 hikers and three dogs from San Juan National Forest in the latest in a series of wildfires burning across Colorado and the U.S. West, officials said on Tuesday. FILE PHOTO: Flames work through trees near a road block as the Cameron Peak Fire, the largest wildfire in Colorado's history, burns outside Estes Park, Colorado, U.S. October 16, 2020. REUTERS/Jim Urquhart. The Ice Fire, which broke out Monday ... Full story
(Reuters) - Australian shares rose on Wednesday with banking and mining stocks leading the charge, as hopes that U.S. lawmakers could clinch a much-sought-after fiscal stimulus package by the end of the week supported global equity markets. FILE PHOTO: Pedestrians are reflected in a window displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 13, 2018. REUTERS/David Gray. The S&P/ASX 200 index rose ... Full story
General Motors today revealed the GMC Hummer EV, its first electric pickup. The vehicle has a 350 range, 1,000 HP, and up to 11,500 pound feet of torque (through fuzzy math). And with a starting price of $80,000, it’s easily twice the cost of a gas-powered pickup. Yes, it sort of looks like the Tesla Cybertruck. Several key stats stick above the rest. Three motors within two Ultium drive units power the vehicle and it appears to have the ... Full story
LONDON/PARIS (Reuters) - Trading on Euronext resumed on Tuesday after a series of glitches on Monday disrupted several of Western Europe’s major stock exchanges and raised concerns about the risk of one operator hosting so many bourses. FILE PHOTO: The logo of stock market operator Euronext is seen on a building in the financial district of la Defense in Courbevoie, near Paris, France, May 14, 2018. REUTERS/Charles Platiau. The outage is at ... Full story
Sadiq Khan condemns 'draconian' conditions of TfL rescue - BBC News - - - - - sign-incaret-downsearchnolistlistdurationdurationdurationplaydurationplayplaymobile-smartmicrophonenewsletteremail Full story
GM just took the wraps off the Hummer EV and it looks great. The vehicle is coming to dealers in 2022, with pre-orders starting in 2021. You can watch the unveiling here. The vehicle is detailed here . With 1,000 HP, 350 mile range, and autonomous drive modes, it’s an impressive vehicle though still significantly more than Tesla said the Cybertruck will cost. Feast your eyes on the all-new, all-electric GMC Hummer EV. GMC reveals the Hummer EV: ... Full story