Air Freight News
Trump candidate for Latin bank wants to counter China influence
A senior adviser to U.S. President Donald Trump said he would build the Inter-American Development Bank into a financial heavyweight to counter China’s influence in…
AirAsia X seeks debt help with flights unlikely until 2021
AirAsia Group Bhd.’s long-haul arm said it needs to reach agreements with major creditors to restructure outstanding debt as it faces “severe liquidity constraints” that…
EU trade chief’s defense of pandemic actions draws Irish ire
Ireland’s government undercut efforts by Phil Hogan, the European Union’s trade chief, to minimize the fallout from his visit last week to a golf dinner…
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China still buying $300 billion of chips from US, elsewhere
China will import $300 billion of semiconductors for the third straight year, underscoring how the world’s No. 2 economy remains tied to America despite billions…
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US Treasury says Vietnam deliberately weakened currency
An investigation by the U.S. Treasury Department found that Vietnam deliberately undervalued its currency by about 4.7% against the dollar in 2019, according to a…
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China to buy record amount of American soybeans in 2020
China is set to buy a record amount of American soybeans this year as lower prices help the Asian nation boost purchases pledged under the…
Ant Group cites US risks in filing for Hong Kong, Shanghai IPO
Billionaire Jack Ma’s Ant Group warned that rising U.S.-China trade tensions threaten its business as it gears up for an initial public offering that could…
Bristol aerospace company unveils winged e-taxi for commuters
A five-person craft, which could receive certification by 2024, says a London to Brighton flight will take half an hour
Three-decade economic boom comes to a sudden halt in Vietnam
For the past three decades, Vietnam has known only good -- or great -- economic news. The nation’s consistent growth as an exporter, propelled by…
Huawei CFO loses bid for access to secret Canadian documents
A Canadian court rejected a bid by Huawei Technologies Co. Chief Financial Officer Meng Wanzhou for access to documents withheld from her by the Canadian…