Swiss WorldCargo successfully transports first shipment with Envirotainer Releye® RLP from Zurich to New York
Swiss WorldCargo, the air cargo division of Swiss International Air Lines, is the first airline to have successfully carried out a commercial shipment between Zurich…
Airlines see grounds for optimism over long-haul rebound
After 18 months of gloom over prospects for long-distance flights, airlines are finally striking a more optimistic tone about some of the world’s most lucrative…
Senators propose using state Covid aid funds on infrastructure
Republican Senator John Cornyn said he and Alex Padilla, a Democrat, are bargaining with the White House on their proposal to give states flexibility to…
Creditors close In on Citgo, the last asset Guaido has left
As the power of Venezuelan opposition leader Juan Guaido has dwindled, he’s kept something in his back pocket: Citgo Petroleum Corporation, the American refiner and…
Lufthansa sees long-haul recovery after $1.1 billion loss
Deutsche Lufthansa AG is expecting long-haul travel to finally pick up this year alongside loosening Covid-19 restrictions and vaccine take up, giving some cause for…
Senate rejects border wall addition to infrastructure bill
The U.S. Senate rejected an amendment to a broad $550 billion infrastructure package that would have barred the Biden administration from canceling contracts related to…
German factories see economic recovery picking up as orders rise
German factory orders rose in June, bolstering the recovery in Europe’s largest economy as an easing of pandemic restrictions supported business activity across sectors.
Oil decreases as crude stockpile data adds to virus concerns
Oil slumped in New York after a surprise increase in U.S. crude inventories added to renewed concerns about demand recovery as China battles the coronavirus…
Russia captures no. 2 rank among foreign oil suppliers to US
Russia is supplying more oil to the U.S. than any other foreign producer aside from Canada as American refiners scour the globe for gasoline-rich feedstocks…
Biden’s infrastructure bill sets up states for road windfalls
California and Texas are in line for more than $25 billion each to rebuild their highways should Congress pass a bipartisan infrastructure deal, the White…
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