Air Freight News
UK expects India free trade deal in 2023, Badenoch says
The UK expects to reach a free trade deal with India and to enter the Trans-Pacific Partnership agreement in 2023, Business and Trade Secretary Kemi…
US sanctions six Chinese firms connected to balloon uproar
The US is adding six Chinese companies to an export blacklist over what it argues are links to a military-backed global balloon espionage program, the…
Russian oil cuts, Chinese demand revival threaten renewed inflation pressure
From Russian supply cuts to recovering Chinese demand, tightening oil markets are firing up oil bulls — threatening to stoke inflation.
Russia retaliates for sanctions by announcing oil output cut
Russia plans to cut its oil output by 500,000 barrels a day next month, following through on a threat to retaliate against western energy sanctions…
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The cost of shipping gasoline is soaring after Russia sanctions
The cost of moving gasoline and other fuels on ocean-going tankers is soaring days after sanctions targeting Russia’s petroleum sales.
UK trade deficit with EU hits record as Brexit curtails exports
The UK’s trade deficit with the European Union widened to a record in the final quarter of 2022 as imports from the bloc jumped.
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Sinopec, among China’s oil giants seeking more Russian imports
China’s state-owned oil refining giants are speeding up purchases of Russian crude, citing the allure of cheap cargoes from the OPEC+ producer as demand recovered…
Mexico stuns markets with half-point rate hike on new inflation gain
Mexico stunned markets Thursday by increasing interest rates by half a percentage point, in a move by the central bank to outpace the US Federal…
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Tokyo Electron raises outlook as China chipmakers rush delivery
Tokyo Electron Ltd. raised its profit outlook for the year after Chinese chipmakers moved up deliveries ahead of a possible crackdown on exports of Japanese…
UK closes in on green accord with Singapore to boost trade, investment post-Brexit
The UK is in the final stages of negotiating a so-called Green Economy Framework agreement with Singapore, seeking to capitalize on its experience with new…