Russia urges US take ‘concrete’ steps to break Iran deadlock
Russia sees a chance to resurrect the 2015 Iranian nuclear deal and is proposing a synchronized approach including “concrete” steps by the Biden administration to…
Hong Kong January exports jump most since 1992 on Asia boost
Hong Kong exports soared the most since 1992 as trade picked up across Asia due to the timing of the Lunar New Year and a…
Thai Airways posts record $4.7 billion loss as debt revamp looms
Thai Airways International Pcl, the nation’s flag carrier in the middle of a debt restructuring, reported a record loss last year after the coronavirus outbreak…
Cracks in jet engines can elude inspectors, with deadly results
As regulators around the world order urgent inspections of certain Boeing Co. 777 engines after one failed dramatically over suburban Denver last Saturday, they must…
Singapore startup fund raises cash to upend maritime businesses
Motion Ventures, the Singapore-based investment vehicle of European venture builder Rainmaking, completed the first closing of a planned S$30 million ($23 million) fund aimed at…
Cotton leads GOP warning to Biden against Iran sanctions relief
Senator Tom Cotton and more than 40 other Republican lawmakers introduced a resolution Wednesday opposing any move to lift sanctions on Iran, underscoring the resistance…
Biden trade nominee says China is both a rival and a partner
President Joe Biden’s nominee for trade chief is pledging to work with allies to take on China while also embarking on a pragmatic approach to…
Watchdog calls FAA oversight still inadequate after reforms
The U.S. regulator that approved the flawed Boeing Co. 737 Max design has continuing weaknesses and is vulnerable to “future high-risk safety concerns,” a government…
Gasoline crisis paralyzes one of every seven Texas stations
One in every seven Texas gas stations is without fuel a week after the historic freeze crippled refineries and trucking, prompting at least one major…
Post Office purchase of gasoline trucks seems to defy Biden order
The U.S. Postal Service currently plans for only 10% of its new truck fleet to be electric, Postmaster General Louis DeJoy said Wednesday, angering environmentalists…
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