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Chipotle is on a mission to reduce reliance on Asia suppliers
Chipotle Mexican Grill Inc. is scouring the U.S. for packaging materials amid rising inflation and supply-chain hiccups that are plaguing the industry.
India’s WinAir to buy 79% stake in regional carrier TruJet
WinAir, India’s first parallel airline that utilizes equipment and flying permit of another operator, will acquire a 79% stake in regional carrier TruJet for 2…
As snarls mount, economists take a walk on the supply side
Demand is important, but ‘supply is the key,’ economist says
Delta teams up with tiny regional Australian airline Rex
Delta Air Lines Inc. and Australian regional carrier Rex are teaming up to access each other’s networks, a partnership coup for the diminutive Sydney-based carrier…
Qantas revives plan for world’s longest direct flights
Qantas Airways Ltd. revived a plan to start direct flights connecting Australia’s east coast with New York and London as it finally ordered jets for…
Hungary would veto EU sanctions on Russian energy, minister says
Hungary would veto any European proposal that leads to the restriction of energy imports from Russia, according to a senior minister in Prime Minister Viktor…
Private equity firms eyeing Toshiba buyout face nuclear dilemma
It’s the multibillion dollar conundrum facing private equity firms trying to snap up Toshiba Corp.: what to do about the troubled conglomerate’s sensitive nuclear power…
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Dutch dock workers refuse to unload tanker carrying Russia oil
Dutch dockworkers refused to unload a tanker carrying Russian diesel, as European states edge closer to penalizing Moscow’s energy exports in the wake of its…
India’s coal crisis may spur shift to clean energy, ReNew says
India’s power crisis is likely to accelerate adoption of renewables as shortages make coal-fired electricity more expensive, according to Sumant Sinha, chairman of the South…
U.S. Steel predicts ‘best-ever’ second quarter on growing demand
U.S. Steel Corp. is predicting its “best” second quarter on growing steel demand from automakers to construction firms.