South African Airways creditors approve $1.6 billion rescue
South African Airways creditors and unions approved a rescue plan that includes at least 26.7 billion rand ($1.6 billion) in state funding and thousands of…
UK bans Huawei from 5G networks in security crackdown
Huawei Technologies Co. will be banned from providing equipment for the U.K.’s next generation mobile networks from the end of this year, in a sweeping…
China retaliates against Lockheed Martin for Taiwan parts sale
China will impose unspecified sanctions on defense contractor Lockheed Martin Corp. after the U.S. approved a possible $620 million deal to supply missile parts to…
Virgin Atlantic set for $1.25 billion rescue
Virgin Atlantic Airways Ltd. is poised to announce a rescue worth at least 1 billion pounds ($1.25 billion), after clearing the last major hurdle to…
Delta sees surge in US coronavirus stalling travel rebound
Delta Air Lines Inc. says the resurgence of new coronavirus cases and related travel restrictions have stalled a fledgling recovery in U.S. travel demand and…
US nut glut is so big branches are breaking from heavy crops
America’s nut trees are bursting with crops, sparking a massive supply glut that’s sending prices cratering.
Aberdeen Harbour – open to a world of possibilities
Living up to its reputation as a port with ambition, Aberdeen Harbour Board today [Tuesday 14 July] unveiled its new digital brand to the world.
EasyJet gets enough votes in favor of $524 million share sale
EasyJet Plc Chairman John Barton said he expects shareholders to approve the British carrier’s 419 million pound ($524 million) share sale, providing a financial buffer…
EU to resist further travel opening with new virus wave a risk
The European Union will recommend keeping its external borders shut to Americans and most other foreigners for at least two more weeks as fears grow…
Embattled British Airways looks to cash in on its art collection
Struggling airline British Airways is planning to raise more than $1 million from the sale of paintings and prints from its corporate art collection at…
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