Lufthansa faces removal from DAX benchmark after 32 years
Germany’s flag carrier is set to be removed from the country’s benchmark stock index for the first time since the gauge’s inception more than three…
American Air to boost flying 74% on demand rebound
American Airlines Group Inc. will boost July flights 74% from its current schedule as U.S. consumers freed from shelter-in-place orders rush back to flying more…
Racial unrest is new blow to US bid to counter China in Africa
The killing of an unarmed African-American by a Minneapolis police officer and resulting civil upheaval have set back U.S. efforts to strengthen its tenuous relationship…
EU and UK have made no progress in Brexit talks, Germany warns
The European Union and U.K. have made “no real progress” in negotiations on a free-trade pact and the British government must show more flexibility for…
Rolls-Royce plans 3,000 UK job cuts as aviation contracts
Rolls-Royce Holdings Plc plans to eliminate 3,000 jobs in the U.K. this year, the first wave of cuts that could ultimately see the jet-engine maker…
Rwanda calls for removing sanctions on Sudan and Zimbabwe
Rwandan President Paul Kagame called for the lifting of sanctions against Zimbabwe and Sudan as they struggle to cope with the economic and social impact…
Hong Kong confident peg will survive US-China tensions
Hong Kong wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly…
China to allow foreign airlines back after US retaliates
China will ease a ban on flights to the country by foreign airlines on June 8, changing course a day after the Trump administration demanded…
Asia trade bloc seeks ways to include India, says New Zealand official
New Zealand and its partners in a proposed Asia trade bloc continue to seek ways to bring India into the group, arguing that it will…
CAGTC Executive Director Nessle makes statement on Chairman DeFazio’s INVEST in America Act
“The House Transportation & Infrastructure Committee Chairman Peter DeFazio (D-OR), along with his Subcommittee Chairs, released today a five-year surface transportation proposal, Investing in a…
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