Europe’s industry cuts gas use by the most since the early pandemic days
Natural gas demand among European industries has dropped by the most since the early days of the pandemic, with soaring prices prompting widespread output cuts…
Taiwan’s 2021 exports soar to record $446 billion on tech demand
Taiwan exports extended their double-digit growth for a tenth month, with shipments from the island in 2021 smashing all records due to soaring demand for…
China’s economy is in for more pain as virus cases persist
China’s strict Covid strategy is set to inflict more economic pain, potentially curbing consumer spending and disrupting production and shipping as virus outbreaks persist, economists…
Sonos gains after winning U.S. import ban on some Google devices
Sonos Inc. rose in post-market trading after it won a U.S. trade agency ruling that will limit the imports of some phones, laptops and speakers…
Alaska Air cuts January flights on ‘unprecedented’ sick calls
Alaska Airlines cut 10% of its remaining January flight schedule Thursday as an “unprecedented” level of employees unable to work because of the omicron coronavirus…
Apple supplier TDK looks beyond phones in bid to double battery sales
(Bloomberg) -- TDK Corp. aims to double revenue from its lithium-ion battery business in five years by expanding usage beyond smartphones and PCs, an ambitious…
NT Logistics expands logistics services for flatbed and step deck loads with Navigator Direct, Inc. acquisition
NT Logistics, Inc., a transportation management and logistics service company, announces it has acquired certain assets of Navigator Direct, Inc., a freight logistics service company…
MSC COD - scope: US exports
MSC has filed an increase on the Change of Destination (COD Fee) for US exports effective February 1st, 2022
Qatar Airways seeks $600 million from Airbus for A350 issues
Qatar Airways is seeking $618 million from planemaker Airbus SE in a dispute over surface and paint quality on A350 wide-body aircraft.
Cathay slashes cargo capacity, hitting key earnings crutch
Cathay Pacific Airways Ltd. will operate only about 20% of its pre-pandemic cargo capacity this month, a sharp reduction in what has been a rare…
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