Turkey refuses to buckle as sanctions spat keeps oil flow halted
Turkey dug in on an insistence that oil tankers navigating its waters must prove they’re insured to do so, leaving a glitch from sanctions on…
Hunt says he wants UK to have ‘friendly relationship’ with EU
Chancellor of the Exchequer Jeremy Hunt says he wants to maintain a “friendly relationship” with the European Union, weeks after he was reported to have…
Biden’s labor cred risks more cracks over Pacific ports fight
President Joe Biden celebrated avoiding a disaster when the government stopped a railroad shutdown, but another economy-threatening labor dispute looms on the West Coast.
Modi to skip annual Putin summit over Ukraine nuke threats
Indian Prime Minister Narendra Modi won’t be holding an annual in-person summit with Vladimir Putin after the Russian president threatened to use nuclear weapons in…
Easy freight helps Russian oil hold above G-7’s $60 cap in Asia
The price of Russian crude in Asia appears to be holding well above the $60 a barrel cap set by the Group of Seven nations…
Superjumbo to fly again at Etihad as travel rebound spurs u-turn
Gulf carrier Etihad Airways pledged to bring back the Airbus SE A380 superjumbo, joining a small group of airlines choosing to revive the mammoth jet…
South Africa risks losing its preferential market access to the US
South Africa could lose part of its preferential access to the US if its trade policies disadvantage American exporters relative to their developed-nation counterparts, according…
Xi visit to Saudi Arabia brings pledge of more oil trade
China is willing to expand oil trade with Saudi Arabia, President Xi Jinping said during a visit to the kingdom that reinforced ties between the…
IMF, World Bank sound alarm about global economic outlook
The International Monetary Fund, World Bank and others raised concerns about a worsening global outlook, while hopeful that China’s reopening will help support world growth.
AirAsia turns to Cambodia with new airline after woes elsewhere
Capital A Bhd.’s AirAsia Aviation Group plans to start a low-cost airline in Cambodia, as tycoon Tony Fernandes reorganizes his network following the collapse of…
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