Air Freight News
US Official Says Russian Oil Price Cap Is Working Despite Rally
The price cap on Russian oil imposed by the US and its allies continues to work, a senior US Treasury Department official said, even though…
Turkish Inflation Nears 60%, Piling Pressure on Central Bank
Turkish inflation accelerated much faster than expected with the sharpest increase since the start of 2022, underscoring the central bank’s challenge as it raises interest…
Biden’s Strategy Toward China Is ‘Doomed to Fail,’ Beijing Says
China criticized the Biden administration’s strategy toward Beijing as being “doomed to fail,” less than a week after Commerce Secretary Gina Raimondo’s visit to the…
Swiss Economy Stalls as Manufacturing Succumbs to Global Woes
Switzerland’s economy stalled in the second quarter as its manufacturing sector fell victim to waning global demand.
Australia’s IPO Market Pins Hopes on Virgin’s Return, Molycop
Australia is relying on two billion-dollar listings to save it from the worst year on record for initial public offerings.
New Zealand Export Volumes Post Best Quarterly Gain in 10 Years
New Zealand saw its biggest jump in export volumes in 10 years in the second quarter, adding to signs the economy stabilized after starting the…
Turkey, Israel Discuss Natural Gas Exports With Eye on Europe
Turkish and Israeli officials held talks on energy cooperation as the two countries seek to broaden economic ties following years of friction.
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Raimondo Cites Progress From China Trip, Too Early for ‘Trust’
US Commerce Secretary Gina Raimondo said her visit to China produced “a great deal of progress,” though “there can be no trust” unless Beijing takes…
China issues big fuel export quota as domestic demand peaks
China issued another large quota for fuel exports as refiners look to offset peaking domestic demand with more sales overseas.
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Intermarine and Jumbo-SAL-Alliance expand business and set up new hub in Chile
Intermarine and Jumbo-SAL-Alliance are joining Intermarine’s long-time agent, Marval, to form the new subsidiary JSA-Intermarine Chile...