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Amazon finds there’s nothing foolish in fuel cells

  Victims of tech hype should be a bit wary of Elon Musk’s dismissal of hydrogen fuel cells as “fool cells.” A figure as iconic in the tech industry, Amazon founder Jeff Bezos, appears to disagree. Amazon has acquired the right to buy 23 percent of Plug Power, a Latham, New York-based company that went public back in 1999, has ...

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KLM calls for Brexit compromise

  Bloomberg Dutch national carrier KLM said it favours a ‘liberal’ Brexit deal that would maintain maximum access for UK and continental airlines, after announcing plans to double flights to London City airport starting next month. KLM has held talks with the Dutch government about the split and made clear the importance of safeguarding UK operations, Chief Executive Officer Pieter ...

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Qantas gains from Cathay’s loss amid cheap Chinese airfares

  Bloomberg The flood of cheap Chinese airfares that’s undoing Cathay Pacific Airways Ltd. is proving a boon for Qantas Airways Ltd. Hong Kong-based Cathay posted its first loss in eight years last month, overwhelmed by pricing competition from mainland rivals including China Eastern Airlines Corp. and China Southern Airlines Co. For Qantas, it’s doing the opposite — bringing a ...

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