Matson begins construction on first of three new LNG-powered Aloha Class containerships
$1 billion investment part of long-term decarbonization strategy
US East Coast dockworkers strike, in blow to shipping imports and exports
Dockworkers along the U.S. East Coast and Gulf Coast began a strike on Tuesday, halting the flow of about half the nation's ocean shipping after…
Oil prices jump 3% on reports Iran preparing attack on Israel
Oil prices turned positive to climb about 3% on Tuesday following reports Iran was preparing to launch a missile attack on Israel.
Lufthansa CEO aims to revive ‘problem child’ airline by 2026
Lufthansa is aiming to revive its core airline by 2026 as one of Europe's top carriers struggles more than its regional rivals with higher costs…
US-China talks helping avoid Chinese retaliation against tariff hikes-Treasury official
China has not retaliated against U.S. tariff increases on Chinese imports partly because of continued dialogue between the world's two largest economies, the U.S. Treasury's…
Toyota says built extra stock in anticipation of US port strikes
Toyota Motor North America said on Tuesday it had built extra inventory of vehicles and parts ahead of the U.S. port strikes, which began earlier…
Berkshire Hathaway buys full control of its energy unit
Berkshire Hathaway will take full ownership of Berkshire Hathaway Energy, after the unit of Warren Buffett's conglomerate agreed to pay $3.1 billion in cash and…
TotalEnergies, APA greenlight $10.5 billion oil and gas project in Suriname
By Ank Kuipers and Marianna Parraga PARAMARIBO (Reuters) -France's TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname's most promising…
Big oil’s big payouts under strain as energy prices fall
Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the face of a drop…
Carlyle-backed StandardAero set to price IPO above range, sources say
StandardAero, a U.S. aircraft maintenance services provider, is set to price its U.S. initial public offering above its indicated range, setting it up for one…
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