U.K. natural gas middleman CNG seeks orderly exit from wholesale energy market
CNG Group Ltd., which provides natural gas to U.K. utilities, said it will stop offering the service at the end of next month as it…
American Air loss Is less than expected despite rising costs
(Bloomberg) -- American Airlines Group Inc. posted a loss that was narrower than expected while warning that costs this quarter will continue to pinch profit…
Union Pacific posts profit above estimates, cuts volume goal
(Bloomberg) -- Union Pacific Corp. posted profit that topped analysts’ expectations as cost cuts and price increases bolstered the bottom line even as cargo growth…
Korea exports jump in early data as recovery chugs ahead
South Korea’s early trade report showed exports continued to post strong gains in October, weathering headwinds from global supply chain snags and China’s slowdown.
Coal and iron pile up in South Africa on rail constraints
Kumba Iron Ore Ltd.’s struggle in getting supplies to ports is further highlighting the constraints South Africa faces in exporting key commodities including coal.
Southwest Air cuts flight schedule again to smooth operations
Southwest Airlines Co. trimmed its flight schedule for the second time since August, cutting back on fourth-quarter flying as it struggles to hire enough workers…
Volvo warns more chip woes will curtail truck production
Volvo Group said the chip shortages and supply-chain snarls will continue to cap truckmaking, leaving the Swedish manufacturer with little choice but to turn away…
Singer’s Elliott owns CN Rail stake, will push for change
Activist investor Elliott Investment Management LP has built a sizable position in Canadian National Railway Co., ratcheting up pressure on the company to improve its…
U.K., New Zealand forge trade deal in latest post-Brexit accord
The U.K. sealed a trade deal with New Zealand, its latest post-Brexit accord as it seeks new economic allies after leaving the European Union.
DeSantis suggests rerouting supply ships to Florida to avoid bottlenecks
Florida Governor Ron DeSantis said supply-chain bottlenecks could worsen in the coming months, as he encouraged ships to reroute to his state’s ports.
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