Special panel discusses steel logistics at world’s largest steel conference
Thanks to Covid-19, the hordes of steel executives who descend on New York in June each year from around the world to participate in the…
IndiGo in talks for big engine order, defying aviation gloom
IndiGo, India’s biggest airline, is in talks with Pratt & Whitney and CFM International Inc. for its next batch of jet engine orders, according to…
EU sees UK economy tanking in first forecast assuming no-deal
The European Commission cut its forecast for 2021 U.K. economic growth almost in half, in its first ever regular outlook based on the assumption that…
A stalled conflict in Sahara risks reigniting as trade blocked
Protesters in the disputed region of Western Sahara blocked Morocco’s main trade route to West Africa, prompting a warning that a conflict suspended for three…
Lufthansa bleeding cash with flights stunted by lockdowns
Deutsche Lufthansa AG said it needs to double operations from current levels if it’s to stem losses, delivering a stark assessment of the challenge facing…
German factory orders rose for fifth month in September
German factory orders extended their recovery in September, albeit at a slower pace, suggesting industry will support Europe’s largest economy through the second wave of…
Apple faces shortages in power chips for iPhone 12
Apple Inc. is grappling with a shortage of vital chips that manage power consumption in iPhones and other devices, people with knowledge of the matter…
Sorry, Boeing, the yacht had to go
A $13 million price tag for a corporate perk is pennies compared with the aerospace giant's huge debt burden, but at this point every bit…
EU, UK warn of big disagreements after intensive Brexit talks
The European Union and U.K.’s top Brexit negotiators warned of big disagreements between the two sides after 14 days of intense, round-the-clock discussions failed to…
MODE Transportation appoints of Lance Malesh as President & CEO and Jim Damman as Chairman
MODE Transportation announced today that Lance Malesh has been appointed President & Chief Executive Officer of the Company. Jim Damman, who has led the Company…
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