Air Freight News
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American Airlines forecasts bigger Q3 loss as sluggish demand hits fares
American Airlines restored its financial forecast for 2025 on Thursday and cited economic uncertainty for keeping its expectations broad - from a potential loss to…
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Chinese stock pickers lead global hedge fund gains as markets swing
Hedge funds focused on Chinese equities posted double-digit returns in the first half of the year, outperforming global peers, fuelled by a rebound in Hong…
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Russia says rising tariffs threaten US and global economy
Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that rising trade tariffs carried risks for the economy of the United States and the whole…
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Meme stock surge underlines market froth, mostly centred on retail investors
Massive moves in stocks such as Kohl’s and Opendoor Technologies are raising questions over whether a new wave of meme stock trading is
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Oil prices gain on US trade optimism, drop in crude inventories
Oil prices rose on Thursday, buoyed by optimism over U.S. trade negotiations that would ease pressure on the global economy and a sharper-than-expected decline in…
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US-South Korea trade talks postponed over Bessent schedule as tariff deadline looms
Talks between top South Korean and U.S. officials to negotiate over U.S. President Donald Trump's tariffs have been postponed due to a scheduling conflict for…
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Trump tariffs wreaking havoc in Brazil’s citrus belt
U.S. President Donald Trump's plan to impose a new 50% tariff on all Brazilian products from Aug. 1 could devastate the South American nation's citrus…
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US weekly jobless claims unexpectedly fall
The number of Americans filing new applications for jobless benefits unexpectedly fell last week, pointing to stable labor market conditions, though sluggish hiring is making…
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Tariffs and conflicts loom large over Merz and Macron’s working dinner
German Chancellor Friedrich Merz will host French President Emmanuel Macron for talks over dinner in Berlin on Wednesday, with Europe's battle to soften incoming U.S.…
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Taiwan says trade delegation in Washington for talks on potential tariff and trade deal
Taiwan's government said on Wednesday that a trade delegation led by the vice premier was in Washington, D.C., for a new round of in-person negotiations…