Flying taxi pioneer Joby sees crowded U.K. as a prime market
California startup Joby Aviation Inc. has its sights set on the U.K. as a future market for its flying-taxi business.
GSC’S Arsenault: Space now more important than cost
Dave Arsenault, president of Oakland, Ca based GSC Logistics and a former president of Hyundai Merchant Marine America, warned that container space has become a…
High oil prices underpin another solid Canada trade surplus
Canada ran another large trade surplus in February, as the nation benefits from surging prices for oil.
US isn’t seeking a ‘divorce’ from China, trade chief says
The U.S. is seeking to realign its commercial ties with China rather than seek a “divorce” between the world’s biggest economies, trade chief Katherine Tai…
US trade gap stays close to record as services surplus narrows
The U.S. trade deficit held close to a record in February as the merchandise shortfall shrank and the surplus in services declined, partly reflecting the…
EU proposes ban on Russian coal imports, ships after atrocities
The European Union is proposing to ban coal imports from Russia in a direct response to reports that Russian forces committed apparent war crimes in…
Top South Africa coal miner extends rally as EU eyes Russia ban
Thungela Resources Ltd., South Africa’s largest exporter of coal burned in power stations, extended its share-price rally after a report that the European Union is…
European coal jumps as EU eyes sanctions on Russian imports
European coal futures climbed to a three-week high, buoyed by European Union plans for a phaseout of Russian coal imports in response to the country’s…
Virgin Atlantic narrows loss, sees return to profit next year
Virgin Atlantic Airways Ltd. narrowed its full-year loss and said the shortfall will shrink further in 2022 as coronavirus concerns fade and travel to the…
Brazil’s sky-high interest rates fuel world’s best carry trade
The Brazilian real’s rally is gaining steam as soaring prices for its commodity exports and one of the world’s highest interest rates fuel a lucrative…
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