Kuwait says oil buyers don’t want to boost imports next year
Kuwait’s state energy company said customers are reluctant to increase oil imports next year, signaling that the market’s being suppressed by global economic weakness.
German minister pursuing hydrogen in Namibia, South Africa
German Economy Minister Robert Habeck began a five-day trip to Namibia and South Africa Sunday, part of a push to secure new energy resources for…
UK rail union rejects offer, Christmas strikes still planned
Britain’s National Union of Rail, Maritime and Transport Workers has rejected an offer from the Rail Delivery Group aimed at ending a strike action planned…
South Korea plans to order fuel, steel truckers back to work
South Korean President Yoon Suk Yeol asked his cabinet to be ready to issue an “imminent” return-to-work order on striking truck drivers in the oil…
Paris reopens airport terminal before 2024 Olympics
Paris reopened its most iconic airport terminal as France prepares to welcome millions of visitors for the 2024 summer Olympics while the travel industry struggles…
Delta, pilots reach four-year deal with 31% in pay raises
Delta Air Lines Inc. pilots would receive at least 31% in pay hikes over the four-year term of an agreement in principle reached with the…
EU agrees to set $60 price cap level for Russian oil exports
The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for a wider Group of Seven…
Geopolitical rivalries are transforming the contours of trade
Reports of the death of globalization are looking greatly exaggerated.
AfDB offers Uganda $301 million to fund upgrade of rail network
The African Development Bank said it is providing $301 million to Uganda to help it upgrade the colonial-era meter-gauge rail linking its capital to the…
United nears deal for 100 Dreamliners as part of fleet overhaul
United Airlines Holdings Inc. is in late-stage talks with Boeing Co. and Airbus SE as the carrier mulls narrow- and widebody models for potential blockbuster…
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