Flying taxi firms face reckoning with Airbus veterans in charge
Two German aerospace startups leading a global dash into electric-powered flying taxis face a reality check after hiring former Airbus SE executives to lead their…
UK’s Harper meets with rail unions in bid to defuse strikes
UK Transport Secretary Mark Harper met with labor union leaders in a bid to defuse the threat of further rail strikes in a dispute over…
Oneworld Alliance seeking to bring China Southern into its ranks
Oneworld, the global airline alliance led by American Airlines Group Inc. and British Airways, is in discussions about bringing China Southern Airlines Co. into its…
EU opens up 5G on planes, making in-flights calls more likely
The European Union said it will enable the “wide-spread deployment of 5G services” on aircraft by designating certain frequencies for in-flight cell-phone connectivity.
China hustles on summit sidelines to challenge US outreach
When Chinese President Xi Jinping and his Indonesian counterpart Joko Widodo sat together last week to watch a trial run of a new China-backed high-speed…
Russian oil is already trading far below Europe’s proposed cap
With European Union diplomats haggling over a price cap on Russian oil, it’s worth remembering that the level they’re discussing will almost certainly be above…
South Africa’s Transnet lifts force majeure on coal export line
South Africa’s state port and rail company, Transnet SOC Ltd., lifted a force majeure on its main coal export line more than two weeks after…
Chevron to resume Venezuela oil output as US eases sanctions
The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela after US sanctions halted all drilling activities almost three years ago.
Foxconn offers staff $1,400 to leave after iPhone city violence
Foxconn Technology Group has begun offering 10,000 yuan ($1,400) to any workers who choose to leave, an unusual decision intended to appease disgruntled new hires…
California farms face $3 billion loss from historic drought
California’s worst drought has left growers in the top US agricultural state facing losses of $3 billion, just as producers brace for more widespread cuts…
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