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OPEC+ agrees to delay October oil output hike for two months, sources say
OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three sources…
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Yellen warns that ending US clean energy tax credits would raise consumer costs
U.S. Treasury Secretary Janet Yellen on Thursday warned that any attempts to roll back the Biden administration's clean energy tax credits would raise costs for…
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Teamsters union to meet with VP Harris on Sept. 16
Democratic presidential candidate Kamala Harris will meet with the International Brotherhood of Teamsters on Sept. 16 as the union considers a potential presidential endorsement.
Senate panel to question US semiconductor firms on Russian weapons
The U.S. Senate Permanent Subcommittee on Investigations said on Thursday it will hold a hearing with four companies on the use of American-manufactured semiconductors in…
FedEx invests in AI robotics company Nimble to boost its supply chain business
FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale up the delivery giant's Fulfillment unit which…
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Fuel oil spill shuts several beaches in Spain’s Gran Canaria
An oil spill off the Spanish island of Gran Canaria forced local authorities to close several beaches in the popular holiday destination on Thursday and…
Amazon plans $5 billion of small-ticket exports from India in 2024 in shift from China
Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly $3 billion in 2023, supplying markets such…
AGI Cargo secures strategic warehouse lease at LAX
Further cementing its status as the premier cargo handler at Los Angles International Airport
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Central Japan Railway Company selects AWS for Yamanashi Maglev Line to drive efficient operations for its high-speed train service
One of Japan's leading railways to use AWS generative AI, machine learning, and IoT technologies to improve track maintenance and deliver high-quality passenger experiences on…
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XPO Logistics Europe wins prestigious EcoVadis Gold Medal for sustainability excellence
Joins the top 3% of all companies assessed globally and the top 1% of road transport companies in Europe thanks to cutting-edge sustainability initiatives