Brazilian planemaker Embraer updates guidance as profit soars in Q3
Brazilian planemaker Embraer's raised its projected adjusted earnings before interest and taxes (EBIT) margin for 2024 to between 9% and 10%, from 6.5%-7.5% before, it…
TSMC to suspend production of advanced AI chips for China from Monday, FT reports
Taiwan Semiconductor Manufacturing Co (TSMC) has notified Chinese chip design companies that it is suspending production of their most advanced AI chips from Monday, the…
NRG Energy posts Q3 core profit beat, raises annual forecast
NRG Energy beat third-quarter core profit estimates on Friday due to lower supply costs across its service territories, and raised its 2024 profit outlook, sending…
Oil prices fall more than 1% as Hurricane Rafael risk recedes
Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S. Gulf while investors…
California to vote on stricter rules for low carbon fuels policy
California regulators will vote on Friday on whether to toughen a policy aimed at boosting low-carbon fuels to slash greenhouse gas emissions from the transportation…
Portugal targets 2025 TAP sale as more than 12 potential buyers show interest
Portugal's government plans to resume the sale of flag carrier TAP in 2025, the country's infrastructure minister said, after receiving interest from more than a…
COP29 climate agenda clouded by trade tensions ahead of summit
China has put trade talks onto the proposed agenda for the COP29 summit, a U.N. document showed, raising the prospect that the issue could disrupt…
Qantas plane lands safely in Sydney after engine failure
A Qantas Airways plane bound for Brisbane suffered an engine failure after take-off on Friday and circled for a short period of time before returning…
Import Cargo could surge ahead of potential port strike and Trump tariffs
Import volumes at the nation’s major container ports could be higher than previously expected for the remainder of this year as retailers face another potential…
CMA CGM Announcement: RRI - From Colombia Atlantic to US East Coast and US Gulf
CMA CGM is announcing the following Rate Restoration Initiative (RRI) for cargo from Colombia Atlantic to the USA East Coast, US Gulf ports and all…
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