BMW and SAP join forces to build German auto data alliance
Germany’s biggest industrial and technology firms formed a data-sharing alliance with carmakers as Europe’s biggest economy fights to recover ground lost to U.S. and Chinese…
Boeing signs $5 billion vendor funding deal with Castlelake
Investment firm Castlelake LP signed an agreement with Boeing Co. to provide as much as $5 billion of financing to airlines and other companies looking…
Vietnam PM Phuc orders halt to international commercial flights
Vietnam’s Prime Minister Nguyen Xuan Phuc ordered the country’s aviation authority to halt international commercial flights after the nation reported its first local coronavirus cases…
Nikola CEO overhauls Milton’s vision, forges new path
Since taking the wheel at Nikola Corp. in September, Mark Russell has been adamant the electric-truck startup doesn’t need a deal with General Motors Co.…
Venezuela oil exports almost triple even as US adds sanctions
Venezuela almost tripled its crude oil exports even as the U.S. continues to tighten sanctions against companies seeking to do business with its ruling regime.
Oil near $45 with OPEC+ struggling for consensus on output
Oil traded near $45 a barrel in New York with OPEC seeking more time to reach a deal on production policy after a meeting broke…
American Air employees to get early chance to fly on 737 Max
American Airlines Group Inc. will offer employees five charter flights on the Boeing Co. 737 Max as the carrier tries to ease any concerns before…
London’s long-delayed Crossrail Link gets $1.1 billion lifeline
London’s Crossrail train line will get an 825 million-pound ($1.1 billion) loan to allow completion of the long-delayed project following a deal between the city’s…
The travel industry is up against a psychological make-or-break
Predictions on recovery from a consultant who has an eye on it all.
Oil-hungry Asia lures armada of tankers carrying American crude
An armada of around 20 tankers laden with U.S. oil will be heading to Asia this month as the region continues to outpace the rest…
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