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‘Top Gun’ deal morphs into airlines’ fiercest M&A brawl in years
Robin Hayes was rousting his advisers within hours of Spirit Airlines Inc.’s February announcement that it would merge with Frontier Airlines.
UK Rail walkout of 40,000 staff brings services to near halt
UK train services were brought to a near standstill on Tuesday after workers started the country’s biggest rail strike in more than three decades, with…
Saudi-Israel overflight deal in sight as Biden heads to Mideast
A deal to open up Saudi airspace to all flights operating into and out of Tel Aviv is being discussed ahead of US President Joe…
Australia wine body shuts China office as tariffs hit exports
Australia’s government-backed wine marketing and research body said it will close its physical office in Shanghai, as prohibitive tariffs on its product have dimmed opportunities…
EU balks at US push to use insurance to cap Russian oil prices
European officials are skeptical of a US push to set a price cap on Russian oil by potentially easing an EU ban on insurance for…
Ghana fuel shortage looms as central bank rations dollars
Ghana faces a looming fuel shortage as the central bank rations dollars after oil prices surged following Russia’s invasion of Ukraine.
Swiss watch exports to China slump again as US stays strong
Swiss watch exports to China plunged for the second month in a row as Covid-19 lockdowns battered demand.
UK road traffic surges as nationwide train strike begins
Road traffic was heavier than normal Tuesday morning in several of the UK’s biggest cities as train services were halted by the biggest nationwide strike…
Europe still imports huge volumes of Russian diesel as war rages
Almost four months after the invasion of Ukraine began, European nations are still importing huge quantities of Russian fuel.
Solar developers pledge $6 billion to boost US manufacturing
A consortium of large US solar developers have committed to spend more than $6 billion on domestically produced panels in a move aimed at boosting…