Most of Russia’s war chips are made by US and European companies
Russia imported more than $1 billion of advanced US and European chips last year, despite restrictions intended to stop President Vladimir Putin’s military getting hold…
Wizz Air expects capacity to remain flat amid jet groundings
Wizz Air Holdings Plc expects capacity to remain subdued as the discount carrier faces disruptions from grounded aircraft and a tougher economic climate.
US plans ‘bigger picture exam’ of Boeing issues, Buttigieg says
The Biden administration will undertake a wide-ranging review of oversight and quality control at Boeing Co. after the planemaker’s latest missteps, Transportation Secretary Pete Buttigieg…
US, UK to sanction Houthis as they vow to continue ship attacks
The US and UK are set to sanction senior Houthi militants as the Iran-backed group continues its attacks on vessels passing through the Red Sea,…
Russia sees its natural gas exports recovering on higher shipments to China
Russia expects its pipeline gas exports to recover by almost a fifth this year, partially offsetting the loss of most of its European customers through…
American Air sees 2024 profit above analyst expectations
American Airlines Group Inc. expects profit this year to beat Wall Street’s estimates as it benefits from strength in demand for international flights and improved…
Rail disruptions cut South African coal exports to 1992 level
Shipments from South Africa’s biggest coal export facility dropped to the lowest in over three decades in 2023 as rail disruptions weighed on deliveries from…
Boeing delivers 737 Max to China, ending five-year drought
Boeing Co. handed over a 737 Max aircraft to a Chinese airline for the first time since the best-seller was grounded in early 2019, in…
Ships hauling US government cargo in Red Sea turn back after explosions nearby
Two A.P. Moeller-Maersk A/S container ships that were hauling US government cargoes into the southern Red Sea performed u-turns after a navy escort intercepted nearby…
Audi workers seek raise in Mexico’s first auto strike under AMLO
Unionized workers at the Audi plant in the central Mexican state of Puebla are on strike over wages, while the union representative continues negotiations in…
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