Royal Caribbean floats testing passengers for COVID-19 when cruising resumes
For likely the first time in Royal Caribbean Group’s 52-year history, the company has gone nearly four months without a passenger cruise. It’s no surprise then, that the company’s second quarter earnings were the worst on record as the COVID-19 pandemic keeps the industry largely paralyzed.In a financial filing Monday, Royal Caribbean Group reported an adjusted net loss of $1.3 billion, or $6.13 per share, for the second quarter, compared to an adjusted net income of $532.7 million, or $2.54 per share, in the prior year. The company estimates its monthly cash burn to be between $250 million an...
Spain trial over 'stolen babies' resumes
Madrid (AFP) - Spain's first trial linked to thousands of suspected cases of babies stolen from their mothers during the Franco era resumed at a Madrid court on Tuesday, decades after the scandal broke.Eduardo Vela, 85, a former gynaecologist at the now-defunct San Ramon clinic in Madrid, is accused of having in 1969 taken Ines Madrigal, now aged 49, from her biological mother and given her to another woman, who then raised her and was falsely certified as her birth mother."It's an important day. We hope the trial will wrap up today and enter the sentencing phase," Madrigal told reporters as s...