British Airways-operator Comair still grounded in South Africa
South African carrier Comair Ltd. remained grounded on Monday after being suspended indefinitely by the country’s aviation regulator pending a review of concerns raised about…
Bermuda delists Russian jets in setback for foreign owners
Bermuda’s Civil Aviation Authority removed all aircraft tied to Russia from its airworthiness registry, exposing hundreds of jetliners owned by foreign leasing firms to devaluation.
German airports may be disrupted Monday as union calls walkout
Airport services and flights across Germany are likely to be affected Monday after a union called for an all-day walkout over a pay dispute for…
Yellen rejects notion sanctions could undermine dollar dominance
Treasury Secretary Janet Yellen said the U.S. dollar is in no danger of losing its status as the world’s dominant reserve currency as a result…
Corn sees longest weekly rally since May as war lifts demand
Corn futures capped Friday with their longest weekly rally since May as war in Ukraine sidelines supplies and leaves buyers turning elsewhere for grain.
Japan joins US and EU in banning chip exports to Russia
Japan will stop exporting semiconductors to Russia next week, joining the U.S. and its European allies in efforts to cripple Russia’s military capability.
Commerce restricts the export of luxury goods to Russia, Belarus and to Russian and Belarusian oligarchs
Today, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) imposed restrictions on the export, reexport, and transfer (in country) of luxury goods to…
India industries must keep importing pricey coal, secretary says
Indian industries, including steel and aluminum makers, will need to continue importing expensive coal shipments to meet their requirement, as the cheaper, domestically produced fuel…
Richest Russian dissents on Putin’s tit-for-tat over sanctions
Billionaire Vladimir Potanin, Russia’s richest man and one of the few tycoons to escape sanctions, tore into every aspect of his country’s retaliation against international…
Biden bans iconic Russian imports and calls for trade downgrade
President Joe Biden said he would ban imports of Russian vodka, caviar and diamonds and called on U.S. lawmakers to join Western allies in revoking…
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