India grants marine insurance approval for Russian firms
India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to avoid the use of Western service providers.
Boeing prosecutors aim to decide criminal charge by early June
The US Justice Department could decide by the first week of June whether to tear up its controversial deferred-prosecution agreement with Boeing Co., according to…
Dollar wrecking ball forces investors to seek cover in exporters
The surging dollar has hurt stocks outside the US but one group at least stands to gain: companies that export to the world’s largest economy.
Blinken raises US concerns on unfair trade practices in China
Secretary of State Antony Blinken raised concerns over unfair trade practices in the world’s No. 2 economy as he began talks in China, with the…
Wizz Air narrows full-year profit target amid engine issues
Wizz Air Holdings Plc narrowed its net income guidance for the full year as the budget airline faces aircraft groundings because of engine issues on…
AirAsia plans new listing with $1.4 billion merger of units
AirAsia announced a 6.8 billion ringgit ($1.42 billion) deal to create a new, listed entity that will simplify its operations by combining its various airline…
India’s IndiGo gets into longhaul game with Airbus A350 deal
IndiGo plans to buy as many as 100 Airbus SE A350 widebody airliners, instantly transforming the Indian short-haul specialist into one of the biggest customers…
American Air sees return to profit on summer travel demand
American Airlines Group Inc. expects a return to profit heading into the busy summer travel season after bad weather and delays linked to air traffic…
Colombian steelmaker Paz del Río Bets on tariff hike as China imports surge
Colombian steelmaker Paz del Río is betting authorities will raise import tariffs soon and help return the company to profitability as an influx of Chinese…
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