Russia ban on U.K. flights sends British Airways off course
Russia banned U.K. airlines from its territory, a move meant to punish London for imposing sanctions on Aeroflot over the attack on Ukraine.
British Airways owner IAG sees return to profit this spring
British Airways owner IAG SA said it should turn profitable from the second quarter, joining other European carriers in predicting a travel rebound in coming…
DHL Global Forwarding launches GoGreen Plus Service to reduce emissions in air freight
After the successful implementation in ocean freight, customers can now easily book GoGreen Plus for air freight • The launch is a key milestone in…
Russian commodities trade feels chill as banks limit finance
Russia’s invasion of Ukraine showed the first signs of stifling trade in vital raw materials, as the money that lubricates the flow of everything from…
Biden deflects Democrats’ pleas to boot Russia from Swift
President Joe Biden said booting Russia from the critical Swift global financial messaging system is off the table for now even as leaders in his…
Japan steel giant eyes alternatives to Russia, Ukraine iron ore
Nippon Steel Corp., bracing for possible disruptions to its iron-ore supplies from Russia and Ukraine, is planning to make up any shortfall by buying more…
Biden spares Russia’s crucial energy exports from sanctions
Russian energy exports escaped sanctions from the U.S. as President Joe Biden toughens restrictions on the country while avoiding measures that could send oil prices…
The airlines still facing risk of bankruptcy as travel returns
Stirrings of a recovery in global travel are bringing airlines back from the brink, but the rebound may come too late for several carriers still…
Sunflower oil shipments to India at risk on Ukraine conflict
Shipments of more than 350,000 tons of sunflower oil to India, the world’s biggest buyer, are at risk as Russia’s attack on Ukraine disrupts logistics…
Adani wins $405 million in power tariffs from Indian state
India’s top court ruled in favor of billionaire Gautam Adani’s power unit, saying state-run distribution companies in Rajasthan state have to pay Adani Power Ltd.…
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