Airfares can only keep rising due to supply chain problems
Passengers will see little respite from soaring air fares as carriers face a shortage of planes, labor and spare parts that will prevent them meeting…
Sugar drops to 18-month low on large production in top exporter
Sugar dropped to an 18-month low in New York as a productive start to the season in Brazil, the world’s top exporter, is fueling bets…
IMF knocks Biden’s China tariffs as risk to US, world growth
The International Monetary Fund criticized the Biden administration’s decision to aggressively raise tariffs on some Chinese goods, underscoring its warning that tensions between the world’s…
Azul CEO touts M&A as fix for Latin America’s troubled airlines
Consolidation would lower the cost of capital for Latin American airlines, resulting in better services for customers, according to Azul SA Chief Executive Officer John…
Spirit Aero to cut jobs after Boeing slows down 737 output
Spirit AeroSystems Holdings Inc. plans to lay off about 450 workers at its main campus in Wichita, Kansas, as it grapples with mounting losses and…
Biden open to easing sanctions on billionaire Gertler in return for Congo exit
The US government is open to easing sanctions on billionaire mining magnate Dan Gertler if he gives up his business operations and assets in the…
Brainard says tariffs needed to avoid ‘China shock’ in US
President Joe Biden’s top economic adviser on Thursday offered a forceful defense of new tariffs on Chinese imports, calling them necessary to avoid economic turbulence…
New regulation leaves DoC holder with fuel liabilities risk, says OceanScore
Implementation of the FuelEU Maritime regulation from 2025 presents an accountability dilemma for shipping as it is currently the Document of Compliance (DoC) holder that…
Red Sea disruption is splitting global LNG trade in regions
It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea separating…
US efforts to reshape global supply chains gather pace in Asia
President Joe Biden’s sweeping tariff hikes on a range of Chinese imports are just the latest US moves in a years-long campaign that is rewiring…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
