Air Freight News
Catalytic converters fuel record South Africa car-sector exports
South Africa’s exports of cars and vehicle components rose by almost a fifth to a record 207.5 billion rand ($13 billion) last year, partly driven…
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US lifts tariffs on Ukrainian steel in symbolic move
The Biden administration announced it is lifting tariffs on Ukrainian steel for one year, a mostly symbolic move by the U.S. to boost the the…
EU reaches out to Hungary to break Russian oil sanctions delay
European Commission President Ursula von der Leyen is traveling to Hungary on Monday to discuss the EU’s planned sanctions on Russian oil with Hungarian Prime…
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EU drops plan to stop tankers moving Russian oil anywhere
The European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though it aims to keep a…
Saudis cut oil prices from record highs amid China lockdowns
Saudi Arabia cut oil prices for buyers in Asia as coronavirus lockdowns in China weigh on demand, countering uncertainty around Russia’s supplies as the Ukraine…
China’s export growth weakens to 2020 low as lockdowns bite
China’s exports and imports struggled in April as worsening Covid outbreaks cut demand, undermined production and disrupted logistics in the world’s second-largest economy.
EU push to ban Russian oil is stalled by Hungarian demands
Hungary continued to block a European Union proposal that would ban Russian oil imports, holding up the bloc’s entire package of sanctions meant to target…
Europe aims to revive trade deals to secure allies
The European Union aims to secure at least three stalled trade accords this year as the bloc looks to reinforce strategic alliances amid the turmoil…
India reaps export windfall as US, Europe scamper for fuel
India, the world’s third-biggest oil consumer, shipped out gasoline and diesel at near-record volumes in March to profit from the high margins in selling the…
Solar trade probe risks delaying Duke renewable projects to 2024
A U.S. trade investigation into Chinese solar-panel suppliers could delay about 400 megawatts of Duke Energy Corp. projects, the company said Monday.