Air Freight News
Cathay tells US union of plan to close last overseas pilot base
Cathay Pacific Airways Ltd. has started a review that could lead to the shuttering of its pilot bases in the US, the Hong Kong carrier’s…
Bankrupt Sri Lanka takes Russia oil as fuel crisis persists
Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline…
Pakistan faces $6.4 billion in foreign debt as IMF talks drag on
Pakistan faces $6.4 billion in dollar debt due over the next three years as Prime Minister Shehbaz Sharif’s new government is trying to meet bailout…
Blinken aims at Xi in speech vowing to shape global order
Secretary of State Antony Blinken said the US will seek to influence China’s behavior by shaping the world around Beijing in remarks that took direct…
Elephant-rich states row back from threat to quit trade body
A group of Southern African countries where two-thirds of the world’s African Elephants live rowed back from a threat to leave an international governmental body…
More Russian oil than ever before is heading for China and India
A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of…
Ukraine Latest: US slams Putin’s food-for-sanctions relief plan
The US rejected a plan by Russian President Vladimir Putin to facilitate grain and fertilizer exports only if sanctions on his country are lifted, pinning…
China’s Li gives dire growth warning in unpublished remarks
Chinese Premier Li Keqiang warned of dire consequences if officials don’t move decisively to prevent the economy from sliding further, saying a contraction in the…
US plans economic talks with Taiwan in latest challenge to China
The US and Taiwan are planning to announce negotiations to deepen economic ties, people familiar with the matter said, in a fresh challenge to Beijing,…
UK signs Indiana Pact as Brexit tensions hinder broader US deal
The UK signed its first trade agreement with a US state, amid warnings that Prime Minister Boris Johnson’s stance on Brexit is hindering progress on…