Oil extends gain from 1-year high as lower stockpiles aid rally
Oil extended gains after closing at the highest level in more than a year as declines in U.S. and Chinese crude stockpiles added impetus to…
U.K. says Brexit trade flow with EU Is nearly back to normal
Cross-border goods trade with the European Union is almost back to normal levels, U.K. Transport Secretary Grant Shapps said, despite concerns from haulers that post-Brexit…
China stockpiles chips, chip-making machines to resist U.S.
China is taking decisive steps to protect itself from a widening U.S. technology ban, with imports of computer chips and the machines that make them…
Emirates mulls swapping a third of Boeing 777X orders to 787
Boeing Co.’s biggest 777X customer is weighing whether to swap as many as a third of its orders for the smaller 787 Dreamliner, said a…
U.S. moves to seize 2 million barrels of oil is says is Iranian
The U.S. has gone to court in an attempt to seize 2 million barrels of oil that it claims came from Iran, as Joe Biden’s…
Britons are guzzling the Australian wine that didn’t go to China
Australia ramped up wine sales to Europe to a 10-year high, led by a surge to the U.K., which helped the country overcome crippling Chinese…
Asia’s fragile aviation recovery set back by resurgent virus
A fragile recovery in Asian aviation is being snuffed out by a resurgence of Covid-19 in the region, pushing back forecasts for when air travel…
Biden’s Trade Nominee Chooses Senate Staffer for Top USTR Lawyer
Katherine Tai, Joe Biden’s nominee for U.S. Trade Representative, has chosen a lawyer from the Senate committee responsible for trade to serve as her general…
Airline bailout begins in Canada with loan to vacation seller
Canada granted an emergency loan to a company selling beach holidays, the first sign of a rescue package awaited by the industry after Prime Minister…
Fifteen-hour Brexit wait prompts freight firms to avoid U.K.
Truckers are trying to avoid the U.K. as Brexit red tape keeps them waiting to get to the continent.
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