Air Freight News
Platts says sorry to oil traders for sudden Brent overhaul
S&P Global Platts apologized to oil traders for the speed at which it announced an overhaul of a price that underpins a swath of the…
Lufthansa sees delayed recovery after record annual loss
Deutsche Lufthansa AG struck a more pessimistic tone after reporting the biggest loss in the airline’s history, saying it might need until the middle of…
Stellantis shelved U.K. auto investment over combustion ban
Stellantis NV Chief Executive Officer Carlos Tavares was ready to bolster the company’s Ellesmere Port car factory in England with fresh investments. Then the U.K.…
Singapore won’t allow new diesel cars and cabs from 2025
Singapore won’t allow diesel-powered cars and taxis to be registered from 2025, five years ahead of previously scheduled, as part of its push to reduce…
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Sugar to get more expensive as India set to miss export target
India is set to miss its goal for sugar exports this year because of a late start to shipments and logistical challenges, potentially providing further…
Australia plans to loosen China’s grip on minerals supply chain
Australia wants to leverage off its position as a top mineral producer by boosting processing and manufacturing, part of a plan to challenge China’s dominance…
Huawei CFO case is still political under Biden, Meng lawyers say
The U.S. government’s pursuit of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou is part of a strategy to thwart the rise of the Chinese…
EV battery battle has carmakers urging peace before Biden acts
Pressure is mounting on two South Korean companies that are the world’s largest manufacturers of electric-vehicle batteries to ensure their U.S. legal dispute -- which…
Blinken says only China can truly challenge global system
Secretary of State Antony Blinken called the U.S.’s dealings with China the defining test of the century, as he set out a broad agenda that…
Asian diesel glut to swell as Indian oil refiners boost exports
Asia’s diesel glut looks likely to worsen and may weigh on the profit margins of refiners as Indian processors seek to export more of the…