Norwegian Air will need more funds as threat of insolvency looms
Norwegian Air Shuttle ASA said it will need additional capital to avert insolvency after the coronavirus laid waste to the airline’s business model of discount…
Thailand to offer $769 million in loans to pandemic-hit airlines
The Thai government is set to offer 24 billion baht ($769 million) in loans to seven local airlines to help them counter the blow from…
Boeing woes mount with manufacturing defect found in Dreamliners
Boeing Co. found two “distinct manufacturing issues” in the fuselage of 787 Dreamliner jets and has told airlines operating eight affected planes to remove them…
Slow recovery ahead for India economy as animal spirits stir
Business activity in India picked up slightly in July as a gradual improvement in services and exports showed the economy possibly moved past its worst-showing…
China warns Norway against Peace Prize for Hong Kong protesters
China’s Foreign Minister Wang Yi cautioned against giving a Nobel Peace Prize to Hong Kong protesters as he visited Norway, underscoring the limitations of Beijing’s…
Oil gives up some hurricane-related gains after refiners spared
Oil edged lower -- but was still headed for a fourth weekly gain -- after Hurricane Laura swept through Louisiana and Texas without appearing to…
U.K. starts research on Brexit customs system due in four months
The British government has started to conduct research on its new post-Brexit customs IT system, with four months left before the service is due to…
Unsafe Chicago O’Hare runway prompts $1.57 million FAA fine
The federal government proposed a $1.57 million fine on the city of Chicago after officials at O’Hare International Airport failed to follow safety procedures before…
GLT Logistics is launching a new sales agent program to bring new opportunities to professionals
GLT Logistics is launching a new Sales Agent Program that will assist industry professionals in leveraging an experienced partner to generate income. GLT has created…
U.S. top farm negotiator tones down approach to China trade deal
When it comes to measuring China’s compliance with promises to buy more American farm goods as part of a landmark trade pact between the world’s…
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