KKR seeks to take Hitachi Transport private in $5.2 billion deal
KKR & Co. unveiled a tender offer to take Hitachi Transport System Ltd. private in a deal valued at about 670 billion yen ($5.2 billion).
U.K. delays planned import controls on EU goods until 2023
The U.K. will delay the introduction of planned checks on imports from the European Union until the end of next year, its latest attempt to…
Port of Redwood City’s Zortman hails annual dredging agreement with Army Corps
The Port of Redwood City’s success in persuading the U.S. Army Corps of Engineers (USACE) to provide annual dredging of the port’s ship channel will…
Hong Kong has surprise export drop as China locks down
Hong Kong’s exports plunged in March by the most since January 2020 as Covid restrictions in China weighed on the flow of goods.
Southern sees solar project delays caused by US tariff probe
Southern Co.’s Georgia Power has seen about 1 gigawatt of solar projects built by third parties delayed a year in part because of the U.S.…
Russia may need half its planes for spare parts, Kommersant reports
Russia may be forced to ground between half and two-thirds of its commercial aircraft by 2025 in order to cannibalize them for spare parts, Kommersant…
US economy posts surprise contraction, belying solid consumer picture
The U.S. economy unexpectedly shrank last quarter for the first time since 2020 as the trade deficit ballooned, adding to political headaches for President Joe…
Algeria tells Spain not to re-export gas amid spat with Morocco
Algeria threatened to cut natural gas flows to Spain if it re-exports Algerian supplies to other countries, amid rising diplomatic tensions over Morocco.
Opposing pilot inputs likely behind Air France 777 landing scare
An aircraft landing scare in Paris earlier this month most likely resulted from the Air France pilots submitting contradictory commands, rather than any malfunction of…
CP & Hapag-Lloyd announce additional seasonal call to Port Saint John
Canadian Pacific and Hapag-Lloyd AG today announced an additional call into Port Saint John, N.B., via a seasonal extra loader in another step forward for…
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