Jobs are being wiped out at airlines, and there’s worse to come
About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus, according to Bloomberg calculations.
India builds trade barriers with China amid border row
India slapped new trade curbs on some of its neighbors, in a move primarily seen aimed at keeping Chinese businesses out after a border conflict…
U.S. economic recovery is stalling and it may get even worse
The official numbers have begun to confirm what many Americans feel in their bones: the economy is buckling once again.
Pompeo criticizes ‘totalitarian’ China as tensions spike
Secretary of State Michael Pompeo cast China’s leaders as tyrants bent on global hegemony, painting a dark portrait of the country’s direction as tensions soar…
Trump says China trade deal means ‘much less to me’ after virus
President Donald Trump said that the trade accord with China means “much less to me” because of what he called that country’s role in the…
Trump poised to lower drug payments to match foreign prices
A top Trump priority, lowering prescription drug prices, could see executive action as early as Friday, including a policy to tie Medicare payments to foreign…
American Air, Southwest rethink growth plans on demand stall
American Airlines Group Inc. and Southwest Airlines Co. are joining rivals in pulling back on their plans to add flying capacity as the coronavirus pandemic…
Volga-Dnepr Airlines delivers two Mi-8 helicopters for Malaysian fire fighting
Volga-Dnepr Airlines has delivered two helicopters from Almaty, Kazakhstan, to Kuala Lumpur for PT Komala Indonesia to support Malaysian seasonal wildfire-fighting efforts.
Silk Way West Airlines continues multi-year “strategic partnership” with ACL Airshop
Silk Way West Airlines, one of the fastest growing cargo carriers in the world, has confirmed a five-year ULD (Unit Load Device) agreement extension with…
Rail freight transport: pilot project launched to test automatic rail coupling
A consortium headed by Deutsche Bahn is now trialing the use of digital automatic coupling (DAC) on freight cars. The German Federal Ministry of Transport…
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