Modi to skip annual Putin summit over Ukraine nuke threats
Indian Prime Minister Narendra Modi won’t be holding an annual in-person summit with Vladimir Putin after the Russian president threatened to use nuclear weapons in…
Easy freight helps Russian oil hold above G-7’s $60 cap in Asia
The price of Russian crude in Asia appears to be holding well above the $60 a barrel cap set by the Group of Seven nations…
Superjumbo to fly again at Etihad as travel rebound spurs u-turn
Gulf carrier Etihad Airways pledged to bring back the Airbus SE A380 superjumbo, joining a small group of airlines choosing to revive the mammoth jet…
South Africa risks losing its preferential market access to the US
South Africa could lose part of its preferential access to the US if its trade policies disadvantage American exporters relative to their developed-nation counterparts, according…
Xi visit to Saudi Arabia brings pledge of more oil trade
China is willing to expand oil trade with Saudi Arabia, President Xi Jinping said during a visit to the kingdom that reinforced ties between the…
IMF, World Bank sound alarm about global economic outlook
The International Monetary Fund, World Bank and others raised concerns about a worsening global outlook, while hopeful that China’s reopening will help support world growth.
AirAsia turns to Cambodia with new airline after woes elsewhere
Capital A Bhd.’s AirAsia Aviation Group plans to start a low-cost airline in Cambodia, as tycoon Tony Fernandes reorganizes his network following the collapse of…
Korean truckers vote to end strikes disrupting supply chains
South Korean truck drivers voted to end a two-week strike that has disrupted supply chains of key export industries.
WorldACD Air cargo trends for the past 5 weeks (wk 48)
No end-of-year upswing in sight
Mexico, Canada win trade panel’s nod over US on car-content rules
Mexico and Canada won a trade dispute with the US over cars shipped across regional borders, potentially giving manufacturers more incentive to make auto parts…
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