Air Freight News
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Nike rallies on efforts to tackle tariff costs as turnaround takes shape
Nike shares surged 13.3% on Friday as an encouraging forecast on the back of its turnaround effort and plans to reduce China production for U.S.-bound…
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Gresham House CEO sees US clients looking to Europe for green investments
By Simon Jessop LONDON (Reuters) -U.S. and Asian investors are looking to Europe after a pullback in U.S. government support for domestic projects linked to…
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Airlines suspend Middle East flights
Many airline services remain disrupted in the Middle East arising from the 12-day air war between Iran and Israel that ended with a U.S.-brokered ceasefire…
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US will not complete oil deliveries into its reserve until year-end
The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as…
Countries agree 10% increase for UN climate budget
Countries agreed on Thursday to increase the U.N. climate body's budget by 10% for the next two years, a move the body welcomed as a…
Brazil Arabica crop harvest advances but many cherries found on ground, experts say
Brazil's 2025 Arabica coffee crop harvest is advancing in key areas though lots of cherries have fallen to the ground in some places, two experts…
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Denmark warns EU against halting green transition
European nations should not halt the continent's green transition, Denmark's climate minister told Reuters, as his country prepares to lead EU negotiations on a new…
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Trump plans executive orders to power AI growth in race with China
The Trump administration is readying a package of executive actions aimed at boosting energy supply to power the U.S. expansion of artificial intelligence, according to…
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Beijing ties cognac deal to EV tariff talks with Europe
France's cognac makers have reached a tentative deal on minimum import prices for the Chinese market, but China will finalise it only if progress is…
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US says deal with Beijing will expedite rare earth exports from China
The United States and China have resolved issues surrounding shipments of rare earth minerals and magnets to the U.S., Treasury Secretary Scott Bessent said on…