EU to extend U.K.’s post-Brexit clearing waiver until June 2025
The European Union’s commissioner for financial services said she will propose extending a temporary waiver that allows its banks and money managers to clear trades…
Hong Kong arrests ex-Cathay crew at center of omicron outbreak
Two former Cathay Pacific Airways Ltd. flight attendants were arrested for violating pandemic rules, Hong Kong police said late Monday, after they were identified as…
Brexit gives $228 billion boost to balance sheets of Irish banks
The balance sheets of Ireland’s biggest banks have risen by two thirds since the Brexit vote, the latest data to demonstrate how Europe’s financial landscape…
Airlines warn of ‘catastrophic disruptions’ in US 5G rollout
A trade association representing major U.S. airlines asked Transportation Secretary Pete Buttigieg and the nation’s top communications and aviation regulators to prevent wireless carriers from…
China’s fuel exports drop for a second year as quota tightened
China’s overseas shipments of fuels fell for a second year as Beijing tightened export quotas, in part to ensure sufficient domestic supply.
Airlines urge US regulators to delay 5G wireless rollout
A trade association representing major U.S. airlines asked Transportation Secretary Pete Buttigieg and the nation’s top communications and aviation regulators to prevent wireless carriers from…
New York soaks as winter storm halts flights, causes outages
The worst of the winter weather is winding down along the U.S. East Coast after a quick-moving storm swept northeast, leaving thousands of customers without…
Konecranes delivers three more rail-mounted gantry cranes to Port of Virginia
The Port of Virginia has ordered three Konecranes Rail-Mounted Gantry (RMG) cranes for its Norfolk International Terminals (NIT) facility. This follows on the successful deployment…
SEKO Ecommerce launch connects primary global supply chain to ecommerce
SEKO Logistics is leveraging the advantages of their early entry into the global ecommerce market with the launch of a new SEKO Ecommerce business unit…
Davies Turner’s Express China rail freight service to the UK is getting back on track
Following a difficult 2021, where soaring rail demand created by the extreme air and ocean freight difficulties contributed to operational congestion and delays, Davies Turner…
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