India’s Go First plans IPO in July as air travel rebounds
Go First, India’s No. 2 airline, is planning to raise 36 billion rupees ($464 million) through an initial public offering in July as air travel…
Hong Kong Airlines asks pilots to take leave on reduced pay
Hong Kong Airlines Ltd. has asked pilots to take several months leave on sharply reduced pay as Covid-19 lockdowns in China snarl supply chains, weakening…
Indonesia lifts palm oil export ban in relief to global market
Indonesia, the world’s biggest shipper of edible oils, lifted a ban on palm oil exports in a move that will bring relief to the global…
Shanghai lockdown easing doesn’t mean end to shipping snarls
China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply-chain congestion, according to a major shipping…
Sky-high US gasoline prices to lure more imports from Asia
The worsening gasoline crunch looks set to buoy Asian refiners -- particularly those in India -- as sky-high US prices encourage more exports.
Panama Canal vessel queue reflects shipping bottlenecks
The global shipping bottlenecks rattling industries and consumers in the pandemic era were plain to see for the politicians, economists and investors gathering for a…
China aviation sector lost $12.5 billion in 2021 on shut border
China’s aviation industry lost a combined 84.3 billion yuan ($12.5 billion) last year, as the country kept its borders closed to keep out Covid-19.
EasyJet bookings pick up ahead of uncertain summer season
EasyJet Plc reported a surge in summer bookings while saying there’s still too much uncertainty over demand to provide an outlook for the fiscal year…
European gas slips with LNG imports helping boost stockpiles
Natural gas prices in Europe edged lower as high levels of liquefied natural gas imports are helping replenish stockpiles and easing concerns over supply.
Asia to ramp up gasoline exports to US as sky-high prices beckon
(Bloomberg) -- The worsening gasoline crunch looks set to buoy Asian refiners -- particularly those in India -- as sky-high US prices encourage more exports.
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