Jet service Volato to go public via SPAC with new funding
Aviation company Volato is going public via a blank-check transaction valuing the combined company at $261 million on an enterprise basis in a deal paired…
US-EU steel talks inch ahead as time for a deal runs short
The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel and aluminum this year, setting up a…
More Russian oil trades above G-7 price cap despite sanctions
Several of Russia’s refined oil products are trading above the price cap imposed by Group of Seven nations, in another sign that the value of…
Apollo leads deal to provide trucking firm Yellow with bankruptcy loan
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people…
US fashion brands urge early renewal of Africa trade program
US fashion companies urged the early renewal of a trade program that allows thousands of African products to enter the world’s biggest economy duty free,…
AirJapan to begin Tokyo-Bangkok flights in February with fares low as $109
ANA Holdings Inc.’s new economy-class brand AirJapan will start operating from Feb. 9 with flights between Tokyo Narita and Bangkok.
The FAA approves largest uncrewed aircraft system in the US
Electric aircraft startup Pyka is bringing its drone to the US for use as crop sprayers.
cargo-partner introduces new air freight consolidation services between Western Europe and Asia
The international transport and info-logistics provider has once again expanded its service portfolio with a range of new air freight solutions, consolidating shipments between key…
Tesla wants to build a semi truck-charging route from Texas to California
Tesla Inc. is seeking nearly $100 million from the US to build nine electric semi-truck charging stations along a route from the southern border of…
Specialist steel coil storage facility receives its first shipments
A specialist steel storage terminal that will strengthen the North East manufacturing sector’s access to high-quality global steel supplies has welcomed its first shipments to…
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