Air Freight News
US to announce ‘major sanctions’ Friday over Navalny death
The US plans to unveil a “major sanctions package” against Russia on Friday following the death of opposition leader Alexey Navalny, the White House said.
Swiss watch exports struggle as luxury slowdown persists
Swiss watch exports rose modestly in January as growth slowed and weak demand for luxury and mid-priced watches dragged on the sector.
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Ukraine plans new Danube export route to beat Polish border spat
Ukraine said it’s planning an additional route via the Danube River to boost exports to pre-war levels as a spat with Poland over agricultural deliveries…
Argentina criticizes EU as Mercosur trade talks bog down again
A deal between the European Union and Mercosur that “makes everyone happy” may not be possible so the South American trade bloc is mulling breaking…
Australia’s barley sales to China boom as wine decision pending
Australia’s barley sales to China have soared since Beijing scrapped tariffs six months ago, highlighting the power of the huge market as the wine industry…
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Exit from Red Lobster Restaurant brings record loss to Thai seafood giant
Thai Union Group Pcl, one of the world’s biggest seafood processors, posted a record quarterly loss after writing off investment in its Red Lobster restaurant…
Ukraine says Polish border blockade is hurting its war effort
A senior Ukrainian official warned a blockade by Polish farmers at the border was hurting the nation’s ability to defend itself as the country awaits…
UK lawmakers slam ‘lack of clarity’ on major trade deal benefits
British lawmakers said the benefits of the UK’s accession to a major trans-Pacific trading bloc are unclear, in another blow to Prime Minister Rishi Sunak’s…
US producer prices increased by more than forecast in January
Prices paid to US producers rose in January by more than forecast, fueled by a sizable jump in costs of services and highlighting the sticky…
S&P Global: U.S. speculative-grade corporate default rate to hit 4.75% by December
This reflects a slight decline from our previous 5% projection through September. The proportion of 'CCC/C' ratings remains elevated, and we expect these firms to…