Europe battles flood of green fuel suspected to be fraudulent
Europe’s push for more green fuel has helped build an industry in China that collects, recycles and ships waste such as used cooking oil. But…
UK train drivers extend strikes as court pares nurse walkout
A major union representing train drivers in the UK rejected an offer from rail operators, saying it will continue strikes that have disrupted service over…
American Airlines sees topping profit forecast as global demand grows
American Airlines Group Inc. said its second-quarter profit may exceed Wall Street projections as international demand builds headed into the peak summer season.
Congested Philippine airport gets new upgrade pitch from tycoons
Six of the Philippines’ biggest conglomerates have revived a proposal to upgrade its congested main airport, signaling confidence in air travel recovery.
ANA rebounds from Covid with first annual profit since 2020
ANA Holdings Inc. reported operating income of 120 billion yen ($897 million) for the full year through March, its first annual profit since the 12…
Maran Dry’s first LNG-fueled Newcastlemaxes delivered with DNV Class
Maran Dry Management Inc. (MDM), the dry bulk shipping arm of the Angelicoussis Group, recently took delivery of two Newcastlemax bulk carriers, Ubuntu Unity on…
Hyundai Motor, SK on plan $5 billion EV battery plant in US
Hyundai Motor Group and SK On Co. will spend as much as $5 billion in North America for the production of electric car batteries as…
Canada becomes global leader in green energy incentives, boosting project value by as much as 50%
Canada’s new renewable energy investment tax credit (ITC), unveiled in the 2023 federal budget, will make the country a global leader in favorable financial conditions…
HMM cuts carbon emissions by 57% since 2010
HMM, the South Korean flag carrier, reports that its vessels have reduced their carbon emissions by 57.7 percent between 2010 and 2021.
Citadel money manager exits to join Biden’s push for chips
President Joe Biden’s administration has persuaded another money manager from Wall Street to join the government’s efforts to create a computer-chip renaissance in the US.
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