Honeywell considers spinning off its aerospace business amid Elliott’s breakup push
Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which…
How to ensure fuel efficiency for your logistics business
Here are several strategies that can help logistics businesses maximize fuel efficiency and reduce overall fuel consumption.
Trump considers privatizing US Postal Service, Washington Post reports
U.S. President-elect Donald Trump has in recent weeks expressed a keen interest in privatizing the U.S. Postal Service, the Washington Post reported on Saturday, citing…
Drones over US show gaps in airspace security, top Trump adviser says
A raft of drone sightings in New Jersey and other U.S. states has underscored gaps in U.S. airspace security that need to be closed, President-elect…
Marathon’s Detroit refinery union workers vote to ratify pay deal
Teamster members working at Marathon Petroleum's Detroit refinery have voted to ratify a seven-year collective bargaining agreement, three months after workers walked off the job,…
Russian tanker splits in storm, spilling oil into Kerch Strait
A Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait,…
US foreign investment panel split on Nippon-U.S. Steel deal, FT reports
The U.S. Treasury has informed Japan's Nippon Steel that the panel reviewing its proposed $14.9 billion purchase of U.S. Steel has not yet come to…
New offshore wind in Sweden not viable without support, government commission says
Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorising…
Venture Global’s Plaquemines plant to produce first LNG ahead of controversial long commissioning
Venture Global LNG is on track to inaugurate liquefied natural gas (LNG) production at its Plaquemines export plant in Louisiana as soon as this week,…
Shale drilling techniques could lead to a geothermal surge, IEA says
The shale drilling techniques that led to a boom in oil and gas output have also spurred the development of geothermal, which in theory could…
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