Air Freight News
Iran says US sanctions halted delivery of two million flu jabs
Iran said new U.S. sanctions targeting its banking system prevented the import of 2 million influenza vaccines, after government warnings that the penalties would hit…
Asos warns of $32 million no-deal Brexit hit after profit soars
Asos Plc warned it could face a 25 million-pound ($32.3 milliion) hit from tariffs in the event of a no-deal Brexit, even as it gets…
Oil dips near $40 with IEA warning of fragile market outlook
Oil slipped near $40 a barrel in New York as the IEA cautioned on a fragile outlook and Russia indicated OPEC+ may stick with its…
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Buyout interest in electric truck startup Bollinger presents quandary
The company needs millions to start producing its Hummer-like EVs. Should it go it alone?
EU set to blacklist six people in Russia over Navalny poisoning
The European Union is poised to blacklist six people and one entity in Russia over the attempted murder of opposition leader Alexey Navalny.
UK won’t walk away from EU trade talks immediately
The U.K. will continue efforts to reach an agreement with the European Union on their future relationship beyond Prime Minister Boris Johnson’s Oct. 15 deadline,…
U.K. LNG imports from Qatar set to swell on new supply deal
Qatar is preparing to ramp up liquefied natural gas exports to the U.K. as the world’s biggest exporter of the fuel boosts production capacity and…
India says slump in diamond exports is much worse than 2008
Diamond exports from India are set to tumble by as much as a quarter this year as the pandemic crushes demand and breaks supply chains.
Thailand set to ease rules on outflows to temper currency gain
Thailand’s central bank plans to further ease overseas investment rules by early next year, allowing more capital outflows so as to temper gains in the…
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Countries start hoarding food as prices rise and Covid worsens
Agricultural commodity buyers from Cairo to Islamabad have been on a shopping spree since the Covid-19 pandemic upended supply chains.