Air Freight News
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Dismissal of EU trade chief sets awkward precedent for bloc
European Commission President Ursula von der Leyen headed off a brewing political storm by accepting her top trade official’s resignation, and in the process she…
TikTok’s American makeover just took a bruising
CEO’s departure is the kind of instability the Chinese internet company doesn't need right now.
US-China tensions boil with ballistic missile tests, sanctions
U.S.-China tensions over the South China Sea escalated on Wednesday, with Beijing firing four missiles into the waters around the same time as the Trump…
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Global ship orders may take decade to mend as crisis builds
There’s hardly anyone buying new ships, with orders plunging to a 20-year low due to a potent combination of uncertainty over environmental regulations, the economic…
US LNG exporters await damage impact as storm passes
Along with millions of Americans, much of the Gulf Coast’s energy infrastructure is at risk from Hurricane Laura’s “unsurvivable storm surge” that could inflict more…
EU trade chief Hogan quits amid storm over breach of virus rules
The European Union’s trade chief, Phil Hogan, stepped down after growing criticism that he broke virus regulations in his native Ireland.
Rolls-Royce posts $7 billion loss as crisis roils jet demand
Rolls-Royce Holdings Plc suffered a record half-year loss after the coronavirus crisis grounded jetliner fleets and said it plans to sell assets to help weather…
Nigeria’s dollar crackdown risks stoking illegal trading
Nigeria’s all-out effort to defend its currency by targeting importers and exporters with tougher regulations risks pushing more currency traders to the black market and…
Europe’s discount carriers look to gain share as rivals shrink
Even as the coronavirus pandemic hammers airlines around the world, discount carriers in Europe including Ryanair Holdings Plc and Wizz Air Holdings Plc are looking…
China Belt and Road plans for Australia face veto under new law
Prime Minister Scott Morrison is seeking new powers to veto or scrap agreements that state governments reach with foreign powers, in a move aimed at…