Mobile offshore drilling units stand in the port of Cromarty Firth in Cromarty, UK on Tuesday 23 June 2020. Jason Alden | Bloomberg | Getty Images Oil services company Baker Hughes sees energy demand recover in the second half of 2021, managing director Lorenzo Simonelli said this week. “We are cautiously optimistic,” he told CNBC’s…

SINGAPORE – India’s low-cost airline IndiGo may struggle with its international operations, but the division could fully recover by the end of the year, the airline’s chief executive told CNBC this week. Ronojoy Dutta of IndiGo, operated by InterGlobe Aviation, said the division between domestic and international segments for the airline was a “story of…

Louisiana Republican Senator Bill Cassidy suggested that the Covid relief figure should not be “predetermined” and based on data shortly after his meeting with President Joe Biden. “If we are driven by data, we will get the right number,” Cassidy told CNBC’s “The News with Shepard Smith” during an interview Monday night. “That number shouldn’t…

General Motors presented the Cadillac CT4-V Blackwing 2022 (left) and the Cadillac CT5-V Blackwing on February 1, 2021. GM DETROIT – Cadillac is expected to lead General Motors’ plans for all-electric vehicles, but has a few surprises in store for traditional transmissions. The automaker unveiled two new Cadillac sedans on Monday evening, including the 2022…

LONDON, ENGLAND – FEBRUARY 9: Director Ryan Coogler attends the BFI Preview Screening ‘Black Panther’ held at BFI Southbank on February 9, 2018 in London, England. Jeff Spicer | Getty Images Disney is adding another TV show to its already stacked list of Marvel content being developed for Disney +. On Monday, the company announced…

Mighty Quinns Grill Mighty Quinn It’s time for a reality check. The coronavirus pandemic accelerated the adoption of ghost kitchens and the creation of virtual brands. Both were seen as possible fixes for restaurants caught in a highly unusual forecast. Some restaurants faced soaring delivery orders while others acted as a lifeline as government restrictions…

Named Go FlyEase, the shoe builds on Nike’s FlyEase technologies, which have been used in dozens of its casual, running and basketball sneakers. But Nike calls this version the “easiest” shoe ever released. Source: Nike Nike is introducing its first pair of lace-free slip-on sneakers in hopes of enjoying the same momentum rivals like Crocs…

SpaceShipTwo “Unity” on the runway after an abandoned space test on December 12, 2020. Virgo Galactic Virgin Galactic is preparing for the next space flight attempt. The company announced on Monday that it will repeat its canceled flight test in December on February 13th. The space tourism company said one of the main goals of…

A member of the Ryanair cabin crew looks out the window at Ryanair aircraft. NurPhoto | NurPhoto | Getty Images LONDON – Ryanair expects this fiscal year to be “the greatest challenge” in its 35-year history, the company said on Monday as governments tighten travel restrictions to curb new varieties of Covid-19. The low-cost airline…

Doug McMillon, CEO of Walmart. Adam Jeffery | CNBC Following the George Floyd protests, Walmart pledged to empower diversity within its own ranks and to contribute $ 100 million over five years to combating systemic racism across the country. On Monday, the company gave an update on these efforts. Walmart and its foundation will distribute…