Air Freight News
China wants to patent Gilead’s experimental Coronavirus drug
Chinese researchers have applied for a local patent on an experimental Gilead Sciences Inc. drug that they believe might fight the novel coronavirus outbreak.
Siemens CEO faces down protesters, signals tough year ahead
Joe Kaeser has a difficult year ahead as he prepares his last major moves at the helm of Europe’s biggest engineering company.
Qatar Airways to buy Rwandair stake to gain foothold in Africa
Qatar Airways will purchase a stake in Rwanda’s national carrier, weeks after taking a majority holding in the country’s new airport.
Cathay asks staff to take unpaid leave as virus adds to woes
Cathay Pacific Airways Ltd. asked employees to take three weeks of unpaid leave as the Hong Kong airline is cutting capacity because of the coronavirus…
Tesla’s surge limits the sell-off in emerging stocks
Now even emerging-market stock investors are celebrating Tesla Inc.’s eye-watering rally.
Top India castor oil shipper says virus may slow sales to China
Exports of castor oil from India to China may slow on concern the spread of coronavirus will impact port logistics in the world’s most populous…
The trouble with AirAsia’s charismatic founder
It’s hard to know where Tony Fernandes ends and the company begins. An anti-corruption investigation isn’t the airline’s only challenge.
Saudi bid to cut hits Russian pushback as OPEC experts meet
Saudi Arabia’s diplomatic push for an OPEC+ production cut ran into Russian resistance again on Tuesday, while delegates from the alliance met in Vienna to…
Ryanair told to drop ads claiming it’s Europe’s greenest carrier
Britain’s advertising watchdog ordered Ryanair Holdings Plc to stop showing “misleading” ads that claim the discounter is Europe’s lowest-emissions carrier.
Oil extends losses after report shows rise in U.S. crude build
Oil declined after an industry report showed a rise in U.S. crude stockpiles, deepening losses after closing below $50 a barrel for the first time…