Air Freight News
Boeing-Airbus trade dispute Is a pointless relic
The question of who gave what aid many years ago feels outdated when the pandemic has forced governments on both sides to protect their aerospace…
US says Iran forces boarded tanker in international waters
Iranian special forces boarded a tanker in international waters for about five hours on Wednesday before releasing it, according to an U.S. official familiar with…
IPhone maker Pegatron to take over casing unit to fight Luxshare
iPhone assembler Pegatron Corp. is taking over Casetek Holdings Ltd., strengthening its position against rising Chinese rival Luxshare Precision Industry Co.
After 50 years, Swire’s Hang Seng index membership at risk
Five decades ago, Swire Pacific Ltd. was a founding member of Hong Kong’s benchmark stock index. Now the family-run company risks losing its membership as…
South Africa hires RMB to advise on airline stake sale
South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand Ltd., has been appointed as an adviser to help the government assess offers for…
Oil trades near $43 though IEA casts doubt on demand outlook
Oil was steady near $43 a barrel after the International Energy Agency cut forecasts for global oil demand.
IEA cuts oil-demand forecasts as air travel outlook darkens
The International Energy Agency cut forecasts for global oil demand as air travel suffers from the coronavirus crisis even more than previously expected.
India bars China ships from oil trade as ties strain further
India’s state-owned oil majors have stopped hiring Chinese tankers to ship their crude and petroleum products after relations deteriorated between the two countries, although the…
South Korea’s tech exports accelerate as lockdowns ease globally
The rebound in South Korea’s technology exports accelerated in July, illustrating the pace of recovery in global demand as countries emerge from pandemic-induced lockdowns.
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Massive oil refiners are turning into biofuel plants in the West
The latest sign of a worldwide energy transition: Massive oil refineries across the western U.S. are being converted into biofuel plants.