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Wheat soars in risk to food inflation as India restricts exports
Wheat jumped by the exchange limit after India’s move to restrict exports, exposing just how tight global supplies are after the war in Ukraine and…
Ryanair boss O’Leary ‘looking forward’ to economic downturn
Ryanair Holdings Plc issued a guardedly optimistic outlook for the vital summer season, cautioning that a strong bookings trend could still be disrupted by a…
Israel’s economy contracts 1.6% as exports, consumption drop
Israel’s economy unexpectedly shrank an annualized 1.6% in the first quarter, amid worldwide inflationary pressures that are broadly lowering expansion forecasts.
Rupiah nears breach of support with palm oil ban hurting trade
The rupiah risks weakening to its lowest level in almost two years as Indonesia’s ban on palm oil exports adds to headwinds from interest rate…
UK’s Kwarteng says EU trade war over Northern Ireland unlikely
The UK government doesn’t expect that a possible decision to override parts of its Brexit deal’s conditions for Northern Ireland will lead to a trade…
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Ryder surges on $4.4 billion takeover offer from HG Vora
Ryder System Inc. shares jumped on Friday after HG Vora Capital Management LLC offered to buy the trucking company in a deal valued at about…
Boeing faces FAA request for more 787 data to resume deliveries
Boeing Co. has been told by US regulators that it needs to submit more documentation in order to resume deliveries of its 787 Dreamliner jet,…
Truss prepares to reveal UK’s plan for overriding Brexit deal
(Bloomberg) -- Foreign Secretary Liz Truss is preparing to reveal how the UK would legislate to override parts of the Brexit deal with the European…
The world’s first flying taxi hub takes shape in the English Midlands
Air taxis might sound exotic and futuristic, but one startup is betting they will be an everyday transport solution.
Europe’s biggest exporter of power might need imports in winter
Extended outages and repairs at Electricite de France SA’s nuclear power plants are stoking fears that France won’t have enough electricity this winter and may…