Business

Cathay Pacific reports first-half loss of US$1.27 billion

Hong Kong carrier Cathay Pacific said Wednesday it lost HK$9.9 billion (US$1.27 billion) in the first half of this year as the coronavirus pandemic sent passenger numbers tumbling, eviscerating its business.

Energy & Green Tech

Q&A: How electric vehicles interact with the electric grid

As the rate of electric vehicle (EV) adoption in the U.S. rises, the transportation sector will put additional pressure on the power grid. California expects more than 50% zero-emission vehicles (ZEVs), which includes battery ...