New rules for US investments in China face fresh hurdle: Biden’s team
Bipartisan efforts in Congress to shield sensitive U.S. technology from China face a new hurdle: the Biden administration, which is divided over whether to intensify…
EU to propose phasing out Russian oil by the end of the year
The European Union is set to propose a ban on Russian oil by the end of the year, with restrictions on imports introduced gradually until…
Gazprom’s gas exports drop as buyers turn to spot volumes
Gazprom PJSC’s daily natural-gas sales to key foreign markets slipped to the lowest in three months in April as customers turned to cheaper supplies on…
Spirit rejects JetBlue takeover bid, sticks with Frontier offer
Spirit Airlines Inc.’s board unanimously rejected JetBlue Airways Corp.’s unsolicited $3.6 billion takeover bid over concerns it wouldn’t be consummated, saying it would instead stick…
Chipotle is on a mission to reduce reliance on Asia suppliers
Chipotle Mexican Grill Inc. is scouring the U.S. for packaging materials amid rising inflation and supply-chain hiccups that are plaguing the industry.
India’s WinAir to buy 79% stake in regional carrier TruJet
WinAir, India’s first parallel airline that utilizes equipment and flying permit of another operator, will acquire a 79% stake in regional carrier TruJet for 2…
As snarls mount, economists take a walk on the supply side
Demand is important, but ‘supply is the key,’ economist says
Delta teams up with tiny regional Australian airline Rex
Delta Air Lines Inc. and Australian regional carrier Rex are teaming up to access each other’s networks, a partnership coup for the diminutive Sydney-based carrier…
Qantas revives plan for world’s longest direct flights
Qantas Airways Ltd. revived a plan to start direct flights connecting Australia’s east coast with New York and London as it finally ordered jets for…
Hungary would veto EU sanctions on Russian energy, minister says
Hungary would veto any European proposal that leads to the restriction of energy imports from Russia, according to a senior minister in Prime Minister Viktor…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
