US official vows to ‘fix’ FAA after fatal collision
U.S. Transportation Secretary Sean Duffy said late on Thursday he will soon announce a plan to reform the Federal Aviation Administration (FAA) after a devastating…
Suez Canal Authority says stability returning to Red Sea
Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the…
North America braces for new Trump tariffs as Saturday deadline nears
Companies, consumers and farmers across North America braced on Friday for U.S. President Donald Trump to impose 25% tariffs on Canadian and Mexican imports within…
No Fed rate cuts in sight as inflation stalls above target, warns deVere
The Federal Reserve is unlikely to cut interest rates in the foreseeable future as inflation remains stubbornly above the central bank’s 2% target, according to…
Moody’s Ratings upgrades Canaveral Port Authority’s revenue bonds to A2, ‘stable’ outlook
Moody’s Ratings has upgraded the Canaveral Port Authority’s revenue bonds to A2 and stable outlook as part of its annual Credit Opinion, noting that “the…
Japan weighs Alaska LNG pipeline pledge to win Trump’s favour
Japan is considering offering support for a $44 billion gas pipeline in Alaska as it seeks to court U.S. President Donald Trump and forestall potential…
No clear reason yet for Washington air disaster that killed 67, officials say
U.S. authorities said on Thursday it was not yet clear why a regional jet crashed into a U.S. Army helicopter at a Washington airport, killing…
Kremlin, on Trump tariff threat to BRICS, says the grouping is not planning its own currency
The Kremlin on Friday noted a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created…
Scania tries to breathe life into troubled EV battery maker Northvolt
Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a last-ditch effort to boost quality…
Power-boosting project for US grid to miss July deadline
U.S. grid operators are asking regulators for more time to meet a federal order to upgrade existing transmission lines with equipment that can boost their…
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