A budding recovery in West Coast flight traffic is good for oil
A rebound in both commercial and cargo flights on the U.S. West Coast is a good sign for the global oil market that is still…
Oil demand may see lasting impact from pandemic, World Bank says
Oil demand could see “lasting impacts” from the coronavirus while modest gains are projected in metals and agriculture prices as commodity markets recover from the…
US airlines seek Covid testing to sidestep travel quarantines
A coalition of airline and travel industry groups is urging top U.S. officials to develop standards for rapid testing and other measures to sidestep the…
Huawei announces last major phone before US ban forces rethink
Huawei Technologies Co. introduced the Mate 40 smartphone series on Thursday, potentially its last major release powered by its self-designed Kirin chips.
A weakening US dollar is still the preeminent currency
The greenback has depreciated 11% from its March peak, but it has a long way to go before it gives up its reserve status.
Wales to nationalize rail network hit by Covid effects
Wales will nationalize its struggling railway after reaching agreement on a restructuring with the network’s private operators.
Boeing Max ‘high on China’s minds,’ but no clear return date
China doesn’t have a clear timetable for when Boeing Co.’s 737 Max can return to service, though it has been holding talks with the company…
Huawei outhustles Trump by stockpiling chips needed for China 5G
Huawei Technologies Co. quietly spent months racing to stockpile critical radio chips ahead of Trump administration sanctions, ensuring it can keep supplying Chinese carriers in…
British Airways parent cuts flight schedule to 30% of last year
IAG SA, the owner of British Airways, slashed fourth-quarter capacity and no longer expects to break even during the period as fresh travel restrictions and…
Hong Kong’s property market takes hit from Cathay job cuts
Calls from laid off Cathay Pacific Airways Ltd. pilots began arriving at OKAY Property Agency Ltd. not long after the Hong Kong airline announced one…
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