Grocer looks to U.K.’s resurgent post-Brexit junk bond market
British grocer Iceland Foods is planning a sale of sterling-denominated high-yield bonds, an asset class enjoying newfound popularity since the U.K. reached a trade agreement…
European Union approves 23 more exports of Covid-19 vaccines
The European Union said it has approved a further 23 requests to ship Covid-19 vaccines to other parts of the world under the bloc’s new…
Etihad’s focus on smaller aircraft puts fleet plans in limbo
Etihad Airways plans to rebuild operations around smaller twin-aisle jets once coronavirus lockdowns ease, spelling an uncertain future for the biggest models the Gulf carrier…
United Air, Moelis invest in electric air-taxi developer
United Airlines Holdings Inc. is investing $20 million in an electric-aircraft startup and may eventually buy as many as 200 of the company’s small flying…
India exporters seek rollback of a ‘penalty’ proposed in budget
Indian exporters are seeking quashing of a proposal for the confiscation of goods in case of any wrongful tax refund claim from them, saying that…
Sky-high container shipping rates may ease by this summer
Cargo shippers could see some rate relief around summer as bottlenecks at ports caused by the pandemic ease and companies add more boxes.
Ethiopian Airlines to resume Boeing 737 Max flights after thorough review
Ethiopian Airlines Group plans to resume flights on Boeing Co. 737 Max jets in July after analyzing changes to the model that crashed in the…
Corn declines after US cuts supply outlook less than forecast
Corn futures fell from a seven-year high after the U.S. trimmed its estimate for domestic inventory less than expected following a record Chinese buying binge.
Boeing engine-control system, maintenance a crash probe focus
The investigation into last month’s Sriwijaya Air crash in Indonesia is focusing on the carrier’s maintenance and training procedures as well as the engine-control system…
Garuda Indonesia to return Bombardier planes after ending lease
Indonesia’s flag carrier PT Garuda Indonesia said it unilaterally ended a Bombardier leasing contract with Nordic Aviation Capital A/S and will return a dozen CRJ…
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