Boeing strike threat looms as workers vote on contract
Boeing's U.S. West Coast factory workers started voting on Thursday on a much-criticized new contract and a possible strike, piling pressure on the planemaker as…
Oil prices climb 1% on concern about hurricane’s impact on US output
Oil prices rose more than 1% on Thursday, extending a rebound spurred by concern over Hurricane Francine's impact on U.S. output, though a gloomy demand…
Thyssenkrupp’s $3.3 billion green steel plant could get more expensive
Thyssenkrupp's steel division on Thursday said a planned direct reduction site to produce carbon-free steel, which is so far expected to cost around 3 billion…
Storm Francine races into Louisiana, slamming state with rain and wind
Storm Francine barreled into southeast Louisiana and southern Mississippi and Alabama on Thursday, pounding the region with heavy rains and gusty winds while threatening the…
Iberdrola, BP to build 25-MW green hydrogen project in Spain
Spanish renewable power company Iberdrola and Britain's BP said on Thursday they had agreed to build a 25-megawatt green hydrogen plant in Castellon, on Spain's…
Alaska Air raises profit outlook on demand, lower fuel costs
Alaska Air Group Inc. boosted its outlook for third-quarter profit on strong summer demand and lower-than-expected fuel costs.
China Development Bank aviation unit buys 80 Airbus A320neos
China Development Bank Financial Leasing Co. agreed to buy 80 Airbus SE jets in the A320neo lineup to increase the proportion of more fuel-efficient next-generation…
Norfolk Southern fires CEO over relationship with legal chief
Norfolk Southern Corp. fired Chief Executive Officer Alan Shaw after an investigation found he violated company policies by engaging in a consensual relationship with its…
Germany lines up with Spain against EU tariffs on Chinese EVs
German Chancellor Olaf Scholz joined Spanish Prime Minister Pedro Sanchez in calling for the European Union to drop its plan to impose extra tariffs on…
Red Sea crisis produces winners and losers in Asia as freight rates spike
First-half earnings in Asia showed how the ripple effects of the Red Sea crisis will continue to be costly for companies that make goods for…
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