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Asia manufacturers say the pandemic-driven trade boom is fading
Clothing companies and gadget makers are among manufacturers across Asia seeing early signs of cooling demand from their global customers as soaring inflation takes hold.
Malaysia rules out curbs on cooking oil exports, minister says
Malaysia, the world’s second-biggest palm oil producer, has ruled out curtailing cooking oil exports as it has enough supplies to meet local demand and will…
Air France-KLM to sell $2.4 billion new shares to cut debt
Air France-KLM plans to sell about 2.26 billion euros ($2.4 billion) of new shares to shore up its balance sheet and repay a chunk of…
Lufthansa bids with MSC for Alitalia successor ITA Airways
Deutsche Lufthansa AG confirmed on Tuesday that it made a joint bid with container giant MSC Mediterranean Shipping Company SA to buy Italia Trasporto Aereo,…
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Rising global food protectionism risks worsening inflation woes
Food protectionism is on the rise in the developing world as governments try to safeguard local supplies, and the effects are threatening to spill over…
Etihad CEO says India sales higher, optimistic on China rebound
Etihad Airways said bookings for its India flights are edging higher as the south Asian nation loosens coronavirus curbs, adding to a surge in demand…
UAE sends rare cargoes of crude toward Europe amid Russia snub
The United Arab Emirates has started shipping rare cargoes of oil toward Europe, where crude buyers are snubbing imports from Russia in the wake of…
Boeing turns to workers, data to bolster safety after Max crisis
Boeing Co. is taking steps to bolster safety and address criticism that it lacked a robust, in-house oversight program in the wake of two fatal…
India to limit sugar exports in risk to global food prices
India is set to restrict sugar exports as a precautionary measure to safeguard its own food supplies, another act of protectionism after banning wheat sales…
Italy wants EU to let farmers become energy exporters
Italy wants the European Union to allow farmers to sell surplus electricity they generate on their land, a measure that could help soften a bloc-wide…