Ethics of airline bailouts in spotlight with Virgin-Qantas feud
An ugly feud is escalating between Qantas Airways Ltd. and its closest Australian competitor over the ethics of state aid, just as airlines facing collapse…
Food security fears are starting to threaten Asian rice exports
Panic buying at supermarkets and hoarding have raised fears over food supplies, and governments for their part are acutely aware that keeping everyone fed at…
Australia keeps on trucking despite state border closures
Australia’s truckers have reported no major delays on the country’s highways after the industry was given an exemption from border closures in some states to…
Trump set to announce deferral for some tariff payments
President Donald Trump approved a proposal pushed for by some businesses to delay payment of certain tariffs by three months, according to people familiar with…
Trump urges $2 trillion for infrastructure to bolster economy
President Donald Trump called for $2 trillion in spending on U.S. roads, bridges and tunnels, seizing on the coronavirus outbreak and record low interest rates…
JetBlue slashes April flying 70%; Deeper cuts likely in New York
JetBlue Airways Corp. expects to slash flights 70% next month and deeper cuts are likely in the carrier’s home base in New York, as the…
Qatar Airways: Airport plans temporary 40% staff cut
Qatar Airways, one of the top Middle Eastern carriers, said there was a temporary reduction of 40 percent of staff at Hamad International Airport due…
Oil posts worst quarter ever while physical market craters
Oil posted the worst quarter on record after the coronavirus crushed demand and raised fears about overflowing storage tanks amid a price war that has…
Australia to charter planes full of lobster, beef to key markets
Australia’s government will help charter hundreds of planes full of products such as rock lobster, beef and dairy to key markets including China and Japan,…
Trucking demand throws a lifeline to ailing refineries
With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand.
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