Air Freight News
Germany, Ireland decry UK government for tearing up Brexit deal
Germany’s government made a rare public statement admonishing the British government for plans to break the Brexit deal agreed with the European Union two years…
Biden may roll back Chinese tariffs this week, Dow Jones says
US President Joe Biden could announce his decision to roll back some tariffs on Chinese imports as soon as this week, Dow Jones reports, a…
Risk currencies rally on bets US may roll back China tariffs
Commodity and risk currencies rallied overnight on reports the US may soon rollback tariffs on Chinese consumer goods. Asian stock futures pointed to modest gains…
Singapore’s tiny second airport eyes future as a flying taxi hub
Just 20 minutes north-west of Singapore’s Changi Airport -- regularly voted the world’s best -- is Seletar Airport, the city-state’s second, and far well less…
Hong Kong travel challenges mount as flight bans climb to 100
Hong Kong suspended flights from three airlines Monday, bringing its bans this year to 100 as the city continues to impose onerous Covid travel restrictions…
Energy crisis slams Japan as weak yen sends import costs surging
Currency’s 24-year low and war in Ukraine make oil and gas even more expensive, while heatwave pushes power generators to the brink
Germany has first monthly trade deficit since 1991 on inflation
Germany reported its first monthly trade deficit in three decades, as companies faced surging costs for imports and softer demand for their products amid a…
Hong Kong region sees jump in ships in aftermath of typhoon
Typhoon Chaba has upset shipping after passing through the Hong Kong area over the weekend, creating a blip for supply chains that are still recovering…
Putin’s media blitz on Africa food crisis sparks alarm in Europe
EU diplomats are concerned that a Russian effort to link the food crisis to sanctions is gaining traction in Africa.
Iran slashes cost of its oil to compete with Russia in China
Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market.