Energy & Green Tech

Has global oil demand hit peak? BP says it's possible

Global oil demand might have already peaked and will likely not stop falling for the next 30 years, hit by virus fallout and moves towards greener energy, Britain's BP predicted Monday.

Business

France slams Ryanair 'blackmail' over job ultimatum

France on Tuesday denounced as "blackmail" an ultimatum from low-cost carrier Ryanair for its French employees to choose between a five-year pay cut or a number of redundancies in an escalating labour dispute.

Automotive

Fiat Chrysler swings to loss as virus hits production, sales

Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter ...

Business

Aviation industry warns of cargo capacity shortfall

The global aviation industry warned Tuesday of a severe cargo capacity shortage as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.

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