Ocean carriers may fund $6 billion project to decarbonize marine engines by 2050
In June, the International Maritime Organization (IMO) will be reviewing a plan to assess ocean carriers between U.S. $5-to-6 billion dollars to develop alternative fuels…
Boeing’s Max gets fresh boost with order from leasing firm
Boeing Co.’s 737 Max got a boost from the jet-leasing sector after Dubai Aerospace Enterprise announced a deal for 15 aircraft, adding to evidence that…
Maersk offers expertise and advice at US Congressional hearing on a carbon-free maritime industry
The main challenge in the transformation to low or zero emissions shipping is not at sea, but on land.
U.K. aerospace warns Brexit deal threatens parts production
U.K. aerospace-industry trade lobby ADS warned that Britain could lose business to the European Union after the Brexit deal failed to resolve issues concerning design-approval…
Peter Luger’s first steakhouse in Tokyo to open in September
Peter Luger Steak House will open its long-awaited Tokyo branch in September, the first location outside New York for the legendary Brooklyn restaurant that first…
U.K. abolishes emergency Brexit permits for truck drivers
The U.K. government abolished an emergency Brexit rule requiring lorries crossing the English channel to obtain a permit before entering the county of Kent.
French state tightens grip on Air France-KLM with 29% stake
The French government strengthened its hold over Air France-KLM, using a new share issue to increase its stake to more than three times that of…
Xi challenges US global leadership, warns against decoupling
Chinese President Xi Jinping called for greater global economic integration and warned against decoupling while calling on the U.S. and its allies to avoid “bossing…
China’s yuan adds renewed momentum to global reflation trade
China’s yuan is overvalued, and that could end up stoking global inflation.
United outlines traffic needed for profit as losses pile up
United Airlines Holdings Inc. spelled out the travel milestones needed for a return to profitability after posting a bigger-than-expected loss in the first quarter and…
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