China-led regional group calls for countering protectionist policies, sanctions
A China-led 10-state regional group criticised what it called protectionist trade measures on Wednesday, part of an intensifying standoff between Beijing and Western countries over…
Fire at Venezuela oil terminal that started Tuesday almost extinguished
A huge fire that erupted on Tuesday at an oil tank in Venezuela's La Salina terminal operated by state company PDVSA is almost completely extinguished,…
All flights into Europe must avoid Russia for fair competition, Lufthansa says
Europe needs to ensure that airlines flying into the continent avoid Russian airspace to provide a level playing field in the industry, German airline group…
European airlines grappling with plane delivery delays
European airlines are grappling with delivery delays from planemakers Airbus and Boeing, they said at a conference on Wednesday, although budget carrier Ryanair noted the…
Airbus to cut up to 2,500 jobs in defence and space, sources say
Airbus plans to cut up to 2,500 posts in its Defence & Space division after spiralling losses on satellite projects, two people familiar with the…
Freeport to delay Indonesian copper sales to second quarter of 2025 after fire, sources say
U.S. copper miner Freeport McMoRan will postpone its sales of refined copper from Indonesia until the second quarter of 2025 as a fire at its…
European airlines demand ‘level playing field’ with Chinese rivals
European airlines urged Brussels on Wednesday to do more to secure a level playing field in the industry, complaining that Chinese rivals enjoy a huge…
Ryanair to cut traffic estimate for next year due to plane delivery delays
Ryanair will have to revise down its passenger traffic estimates for next year because of expected aircraft delivery delays from Boeing, the budget airline's group…
General Motors to contribute $625 million to new JV with Lithium Americas
Canadian miner Lithium Americas said on Wednesday General Motors will contribute $625 million to their new joint venture for developing the Thacker Pass project in…
Iran working to control oil spill off Kharg Island, says IRNA
Iranian authorities are working to control an oil spill four miles (6.4 kilometres) off Iran's Kharg Island, the country's IRNA news agency reported on Wednesday.
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