The world’s most expensive railway is in a hole
HS2 isn’t necessarily a terrible idea, but it’s been badly run, is wildly overpriced and is too skewed toward the wealthy south of England.
U.A.E. business growth halts for first time since 2009
Business conditions in the United Arab Emirates worsened for the first time since 2009, ending a decade of expansion after a debt crisis brought Dubai…
The race is on for iron ore riches buried under an African jungle
Big names including billionaire Robert Friedland and ex-Xstrata CEO Mick Davis are circling Guinea’s iron ore deposits.
Trump administration clears way for new currency tariffs
The Trump administration is going ahead with controversial new rules that would clear the way for the U.S. to start applying punitive tariffs on goods…
Asia faces rate-cut pressure to curb fallout from virus
Central banks in Asia face increasing calls to cut interest rates as they jump into action against a spiraling coronavirus crisis that’s hammering tourism, travel…
OPEC+ officials meet for urgent check of virus threat to oil
OPEC and its allies are gathering for an urgent assessment of how Asia’s coronavirus may hurt oil demand, and what measures they could take in…
FAA to begin certification process for civilian drones in U.S.
Government regulators plan to review drone designs in the same way they review other aircraft, a major step toward allowing routine drone deliveries and other…
AirAsia’s cozy deals with Airbus in focus with Fernandes exit
Airbus SE and AirAsia Bhd., the discount carrier built by Tony Fernandes, were inseparable for years, with the boisterous aviation executive gorging on ever-larger aircraft…
The Northwest Seaport Alliance releases update on coronavirus response
This outbreak began in early December 2019 and continues to expand in scope and magnitude. On Jan. 30, 2020, the World Health Organization declared the…
Damaged Air Canada plane lands safely in Madrid after emergency
An Air Canada passenger flight with 128 passengers on board landed safely at Madrid’s Barajas airport after the aircraft suffered damage following takeoff.
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