By David Lawder WASHINGTON (Reuters) -The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of Ap[...]
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Environment
South Korea fines Tesla $2.2 million for exaggerating driving range of EVs
SEOUL (Reuters) – South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc for failing to tell its customers about the shorter driving ran[...]
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Southwest Airlines is sued for not providing refunds after meltdown
By Jonathan Stempel NEW YORK (Reuters) -Southwest Airlines has been sued by a passenger who said it failed to provide refunds to passengers left stranded when an operational meltdown led the carrier t[...]
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Alaska Airlines operations return to normal after weather disruptions
(Reuters) – Alaska Airlines said on Friday its operations have returned to normal across its network, after a massive winter storm in the United States crippled movement through the holiday week[...]
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Coal, gas lead 2022 commodities rally; recession clouds new year
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) – Coal and natural gas markets ended 2022 with strong gains on Friday after a global energy crisis triggered by the Russia-Ukraine war stok[...]
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Southwest Airlines operations back to normal after being crippled by storm
WASHINGTON (Reuters) – Southwest Airlines was up and running on a normal schedule on Friday after a massive winter storm crippled operations this week and exposed problems at the low-cost carrie[...]
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Southwest promises refunds as airline sees ‘certain’ financial impact
By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -Southwest Airlines promised to reimburse passengers for expenses such as hotels and car rentals in addition to refunding tickets after it can[...]
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Indonesia issues emergency regulation to replace jobs law
By Ananda Teresia and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s President Joko Widodo signed an emergency regulation on Friday to replace a controversial job creation law that a court had ru[...]
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Southwest says process to reposition airline crew, aircraft was “manual”
(Reuters) – The process for repositioning airline crew and aircraft following storms that dramatically disrupted Southwest Airlines flights was “manual,” CEO Bob Jordan told reporter[...]
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