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Tesla has scrapped plans to expand its Shanghai Model 3 factory, and will slow production in China because of US-Beijing tensions, according to a report
The expanded Shanghai plant, which makes Model 3 and Model Y cars, would have allowed Tesla to produce 200,000 extra vehicles, sources told Reuters. Elon Musk walks with former Shan.....»»
Norwegian Cruise stock drops after wider-than-expected loss, revenue miss
Shares of Norwegian Cruise Line Holdings Ltd. fell 2.0% in premarket trading Thursday, after the cruise operator reported a wider-than-expect.....»»
Beijing"s campaign to rein in Tesla has begun, now experts say it has a limited time to sell cars before it gets canceled
It's clear from state media that Beijing is trying to slow Tesla's growth to boost domestic rivals. Too bad Tesla desperately needs China's market. Elon Musk.....»»
Norwegian still waiting CDC feedback on plan to restart U.S. cruises, while more cruises to restart overseas
Shares of Norwegian Cruise Line Holdings Ltd. fell 0.6% in premarket trading Wednesday, after the cruise operator .....»»
Yum China tops Q1 views, warns of lingering pandemic worries
Yum China Holdings Inc. shares rose more than 2% in the extended session Tuesday after the operator of KFC, Pizza Hut and other fast-food brands in China reported first-quarter earnings above Wall St.....»»
: As Kerry secures climate pledge with China, here’s what else to watch for at Biden’s Earth Day summit
Climate change has been a key topic in President Joe Biden's first 100 days in office and now the administration looks to reclaim a leadership position in the fight to slow man-made global warming with a closely watched global summit......»»
Carnival stock surges as Q1 losses widened to $2 billion but cash burn was less than expected
Shares of Carnival Corp. jumped 4.7% in morning trading Wednesday, after the cruise operator provided a business update for the first quarter, with the ne.....»»
Carnival"s Costa Cruises pushes back restart in Italy by about a month
Shares of Carnival Corp. sank 4.3% in morning trading Monday, after the cruise operator pushed back the restart of its Costa Cruises out of Italy by about a month to May 1. Last month, Carnival had said Costa Smeralda planned t.....»»
A sold-out music festival aboard a Norwegian cruise ship is set to sail later this year
Sixthman's "festivals at sea" - including the Rock Boat - have been either sellin.....»»
BioHiTech stock rockets after expanded relationship with Carnival, and new purchase orders
Shares of BioHiTech Global Inc. rocketed 41.5% to pace all premarket gainers in active trading Thursday, after the waste management company said it has expanded its relationship with cruise operator Carnival Corp. , including the coverage .....»»
Norwegian Cruise stock tumbles after large public stock offering prices at near 9% discount
Shares of Norwegian Cruise Line Holdings Ltd. tumbled 10.0% in morning trading Friday, after the cruise operator said its public offering of 47.58 million shares priced $30 a share. That price was 8.8% .....»»
Royal Caribbean launches $1.5 billion public stock offering
Shares of Royal Caribbean Group fell 0.7% in premarket trading Monday, after the cruise operator said it has commenced a $1.5 billion public stock offering. The company said it plans to use the proceeds from the offering for g.....»»
Royal Caribbean stock slips after narrower-than-expected loss, but revenue missed
Shares of Royal Caribbean Group slipped 0.4% in premarket trading Monday, after the cruise operator swung to a narrower-than-expected loss.....»»
: Chinese exports shot to a record high in 2020 as the world economy sank
Economists expect China’s exports growth to slow in the coming months if western economies manage to control the COVID-19 pandemic's second wave and resume normal activity......»»
Carnival expects to report quarterly net loss of more than $2 billion
Shares of Carnival Corp. fell 1.6% in premarket trading Monday, after the cruise operator indicated that fisca.....»»
Highlights of the day: China 5G base station deployment may slow down
The 5G infrastructure development in Ch.....»»
Cruise stocks rally, as J.P. Morgan analysts says investor sentiment "probably couldn"t be worse"
Shares of Norwegian Cruise Holdings Ltd. rallied 3.3% in afternoon trading Friday, adding to the previous session's 4.4% gain, as Wall Street analysts were mostly upbeat about the cruise operator's prospects in the wake of first-quarter results and r.....»»
European stocks open higher after strong Wall Street finish, Chinese data
European stocks opened higher Friday, buoyed by a strong Wall Street finish as well as data showing rising Chinese industrial production. The Stoxx Europe 600 ] rose 1.1% and the U.K. FTSE 100 added 1.3%. Cruise operator .....»»
Norwegian Cruise Q1 results miss expectations, but liquidity is sufficient to fund operations for 18 months
Shares of Norwegian Cruise Line Holdings Ltd. rallied 1.5% in premarket trading Thursday, after the cruise operator reported first-quarter results that missed expectations but said it has recently raised enough liquidity to weather an "unlikely.....»»
Global stocks slide after Fed chief warns of a slow recovery and Trump fans US-China tensions
Reuters Global stocks dropped o.....»»