Home Depot may have illegal African wood in its doors, EIA says
More than a million doors made with illegally sourced Central African wood may have ended up on US retail shelves at companies including Home Depot…
Flights get longer as airlines are forced to skirt war zones
Israel-Hamas clash adds hours to El Al flights, magnifying the challenges already facing airlines since Russia invaded Ukraine
CMA CGM: Third-Quarter 2023 Financial Results
The Board of Directors of the CMA CGM Group, a global player in sea, land, air, and logistics solutions, met today under the chairmanship of…
Weaker lumber markets have resulted in lower sawlog prices worldwide
The Global Sawlog Prices Index (GSPI) fell 1.6% in the 2Q/23 q-o-q. Year-over-year, this fall represented almost a 10% decline compared to the 2Q/22 when…
Thai Air posts fourth-straight profit as China numbers grow
Thai Airways International Pcl reported a fourth-straight quarterly profit as passenger numbers continued to improve in the wake of Covid, with extra impetus coming from…
Oil shocks and silicon shortages—the high cost of geopolitics
Geopolitics is back. War in the Middle East is the latest in a series of shocks that demonstrate the power of politics to shape economic…
UK, Mexico extend zero tariffs until free trade talks conclude
The UK and Mexico agreed to extend a commitment to reduced or zero tariffs until they conclude talks for a free trade agreement, providing certainty…
Exporters to China to feel sting of deflation, HSBC analyst says
As China slips back into deflation, exporters to the world’s No. 2 economy will be hit by a double whammy of falling demand and eroding…
Cathay Pacific aims to hire 5,000 more people in 2024, CEO Lam says
Cathay Pacific Airways Ltd. plans to hire about 5,000 people across the group in 2024 as flight capacity is gradually restored to pre-pandemic levels, the…
Boeing: Southeast Asia fleet will nearly quadruple over the next 20 years
These projections are included in Boeing’s 2023 Commercial Market Outlook (CMO), the company’s annual long-term forecast of demand for commercial airplanes and related services...
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