Didi sinks as China vows to root out ride-hailing ‘illegalities’
China will step up oversight of its ride-hailing and on-demand trucking companies from Didi Global Inc. to Full Truck Alliance Co., adding to a widening…
GDP Update: Europe rebounds with a bang but Germany disappoints
The euro-area economy rebounded sharply in the second quarter as businesses reopened following the lifting of lockdowns.
British Airways owner downbeat as rivals see summer rebound
British Airways parent IAG SA issued a cautious assessment of its prospects for the rest of the summer as travel curbs hold back demand while…
Air France-KLM sees return to profitability as travel picks up
Air France-KLM is offering more seats for sale and predicting a return to profitability this quarter as vaccination and an easing of travel restrictions improves…
CP Rail appeals to K.C. Southern holders to reject CN deal
Canadian Pacific Railway Ltd. called on Kansas City Southern shareholders to vote against a $30 billion merger agreement with Canadian National Railway Co., citing regulatory…
US heat is so bad farmers see a ‘half crop’ for spring wheat
Sun-baked U.S. spring wheat fields have been so badly hurt by drought this year that some farmers are expecting to harvest what they’re dubbing a…
Konecranes wins first customer for EPA-approved new diesel-to-hybrid conversion technology
Konecranes has won a contract with South Carolina Ports to supply 12 Rubber Tire Gantry (RTG) retrofit hybrid power packs, a milestone contract for new…
Arbitrator affirms rail union must negotiate over train crew size
The National Railway Labor Conference (NRLC) announced today that an arbitrator has issued a final and binding decision providing for the resumption of negotiations over…
China keeping ‘open mind’ on G-7 talks aimed at trade abuses
China’s ambassador to the World Trade Organization said there’s scope for Beijing to work with the U.S., the European Union and other Western nations on…
Call to action for hydrogen: UK is uniquely positioned to lead in critical hydrogen cleantech
Pioneering cleantech engineers, Viritech, publish a call to action for hydrogen highlighting the urgency for the UK to take a strong leadership position in next-gen…
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