Stopping Houthi ship attacks will take time, Biden adviser says
US military action to deter Iranian-backed groups such as Yemen’s Houthi rebels will take time and the Biden administration “will have more to say about…
JetBlue, Spirit appeal ruling blocking $3.8 billion merger
JetBlue Airways Corp. and Spirit Airlines Inc. said they’re appealing a federal judge’s ruling blocking their planned $3.8 billion merger in a last-ditch effort to…
The world’s largest cruise ship is a climate liability
As massive ships like Royal Caribbean’s Icon of the Seas tack on more energy-intensive amenities, emissions from the cruise industry are climbing.
Drone attacks menace Russia’s key route for exporting oil
A new front opened in Russia’s war on Ukraine that highlights the vulnerability of oil exports from the nation’s western ports, after reports of drone…
South African supply-chain disruptions far from over, PwC says
South Africa’s freight rail and port deficiencies are set to continue and businesses should brace for further supply-chain challenges this year, auditing firm PwC said.
Boeing scrutiny spreads after FAA check on another 737 model
Scrutiny of Boeing Co.’s manufacturing quality expanded after federal regulators told airlines to check the door plugs on a second 737 model, where operators have…
Chinese exports of battery material graphite plunge on controls
China’s exports of natural graphite, a material used in electric vehicle batteries, plummeted in December after Beijing imposed controls at the start of the month,…
China is outpacing the EU in clean-energy research, study finds
China has overtaken the European Union in research related to clean-energy technologies, according to a study done for the bloc’s executive arm, creating a challenge…
Russia becomes top China oil supplier for first time since 2018
Russia blew past Saudi Arabia to become the biggest source of Chinese oil imports last year, highlighting the ineffectiveness of Western efforts to deprive the…
Summers warns Biden team against pandering on US steel deal
Former Treasury Secretary Lawrence Summers said there’s no national-security justification for questioning the proposed takeover of United States Steel Corp. by Japan’s Nippon Steel Corp.,…
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