Garuda plans to cancel jet orders worth billions of dollars
Distressed flag carrier Garuda Indonesia plans to cancel billions of dollars worth of aircraft orders from Airbus SE and Boeing Co. as part of a…
Russian steelmaker Severstal suspends Europe sales on sanctions
Russian steelmaker Severstal PJSC suspended sales to Europe, its biggest export market, after billionaire owner Alexei Mordashov was sanctioned, along with other tycoons in the…
Biden takes on ocean shipping as FMC sees market setting rates
President Joe Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack…
FAA to expand aircraft-design reviews after deadly Boeing Max crashes
U.S. aviation regulators are formalizing tighter oversight of new aircraft designs that were used after the Boeing Co. 737 Max was grounded.
EU braces for possible Russian retaliation on gas
The European Union is preparing for any disruptions of natural gas supplies from Russia as it weighs the risk Moscow could halt shipments in retaliation…
Tech gear maker warns conflict is blocking China-Europe railway
Networking gear maker Zyxel Communications Corp. has stopped shipping from China to Europe by rail, as war in Ukraine threatens to snarl a key land…
Russia’s oil exports look set to retreat in empty loadings list
Russia’s oil exports from its main western ports look like they could slump in the coming weeks if a lineup of cargo loadings from the…
UAE’s $14 billion railway project links Abu Dhabi with Dubai
Etihad Rail, which is developing a $14 billion project to connect the sheikdoms of the United Arab Emirates, has linked up two of main business…
Wheat soars with trade from crucial Black Sea region paused
Wheat jumped the most since 2010 in Chicago, capping the biggest monthly gain in six years as Russia’s invasion of Ukraine chokes supplies from a…
Central Bank sanctions halt Russia’s ruble intervention
Bank of Russia Governor Elvira Nabiullina acknowledged for the first time that sanctions imposed on the central bank meant she couldn’t intervene to keep the…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
