Europe is less vulnerable to disruptions in energy supplies since the Russia crisis of 2022, but the region still faces a new threat: high energy costs that...
As cross-border ecommerce loses steam, the global race to develop artificial intelligence is changing Asia's air freight map. Airlines are redesigning their networks to focus on growing...
Three sources with knowledge of the deal said that Iran will receive a first shipment within weeks out of 400 shoulder-fired air defence missile launchers made by...
American Airlines and its regional carriers resumed flights on Tuesday evening after a short nationwide suspension of departures due to an IT problem, the airline announced. Federal...
Early earnings reports show how travel companies, from hotel chains and cruise operators, have relied upon resilient business demand from Americans as well as a short-term boost...
Iran has proposed to Oman an arrangement that would temporarily reopen the Strait of Hormuz. Under this arrangement, one direction of traffic will pass through Iranian waters...
After he met with Iraqi Prime Minister Ali al-Zaidi, President Tayyip 'Erdogan' said on Tuesday that Turkey wanted to sign a comprehensive deal for energy cooperation as...
Six sources familiar with the situation have confirmed that China held direct discussions with Yemen's Houthi Movement to allow its?tankers the freedom to navigate through the southern...
PJM Interconnection - the largest U.S. grid operator - which serves a fifth (or?americans) - announced this week it would 'file plans with federal regulatory authorities?to reduce...
Five industry sources have confirmed that three major Russian Black Sea grain terminals have limited grain deliveries via?truck due to increased shipping risks and the increased flow...
The Russian Defence Ministry reported that Russian forces struck at least two Ukrainian vessels on Tuesday, including a bulk carrier transporting military cargo to the Black Sea,...
On Tuesday, a powerful earthquake hit southern Japan, causing thousands of houses to lose power, and many factories to be suspended. Many people are presumed dead inside...
Boeing reported on Tuesday a higher-than-expected quarter loss, after taking a charge of $280 million on its troubled Air Force One Replacement Program. However, the company's turnaround...
Airbus has completed a marathon flight lasting more than 24 hours. The A350 jet, which is being 'developed for record-beating commercial flights' touched down in France on...
Boeing reported on Tuesday a larger than expected quarterly loss after taking a $280-million charge on its troubled Air Force One Replacement Program, but it generated positive...
JetBlue, the U.S. airline, reported an even bigger?loss in its second quarter on Tuesday. This was due to a'surge' in fuel prices after the war in Iran...
Sinograin, China's state-owned stockpiler, said it would auction 500,000 metric tons of?imported?soybeans this Friday. This will be the first sale of such a size since January. The...
Royal Caribbean reduced its 'annual revenue forecast' on Tuesday, citing a'modest near-term impact" on bookings for certain sailings as a result of the geopolitical uncertainty. The company's...
PJM Interconnection is the largest U.S. Grid Operator. They are moving forward with plans for backstop procurement of power to 'help ensure adequate -electricity supply if demand...
Singapore Airlines reported its first net loss since 2022 on Tuesday, due to losses at its 'associate Air India' and higher jet fuel costs because of the...
'United Parcel Service' raised its yearly revenue forecast Tuesday after a 'planned pullback in Amazon.com shipments and a greater focus on more profit-making shipments. The world's biggest...
Concerns that the war in Ukraine may spill over into NATO's northern border with Russia are being stoked by military drones entering the airspace of Finland. Some...
French jet engine maker Safran raised financial targets after posting stronger-than-expected ?first-half profits on Tuesday, driven by demand for spare parts on the widely ?used engines it...
The?militaryof Finland said on Tuesday that it had 'closed' a section in Finnish 'airspace, and restricted'maritime traffic' off 'the southern coast of the country near the Russian...
Oman presented to Iran a proposal for a regional?joint mechanism to manage the Strait of Hormuz with voluntary fees. On Tuesday, a Gulf?source told? Source: Under the...
French jet engine maker Safran joined its partner ?GE Aerospace in raising financial targets after ?posting stronger-than-expected first-half profits on Tuesday. The French company said that strong...
The U.S. Federal Aviation Administration announced on Monday that the seats of 'hundreds' of Boeing 737 MAX - registered aircraft in the U.S. - may need to...
The U.S. 'Federal Aviation Administration' announced on Monday that seats?on a large number of?Boeing 737 MAX aircraft registered in the U.S. had been installed incorrectly and needed...
Federal Aviation Administration (FAA)?said Monday that it would slow flights into three airports in the New York City region and Philadelphia International Airport because of?severe weather and...
The U.S. Environmental Protection Agency?on Monday said that power sources supplying electricity to data centers and not to the public grid might?not be governed by federal pollution...
The head of the National Transportation Safety Board urged Congress on Monday to end a long-running standoff over competing safety measures in aviation and approve major reforms....
?The 10th U.S. The 10th U.S. Circuit Court of Appeals ruled on Monday that Colorado's congestion impact fee of $3 per day for rental cars is valid....
JetBlue Airways announced on Monday that it will be overhauling its fare options to give customers more flexibility in choosing seats as well as?change and refundability options....
Avincis, Europe's leading aerial emergency services company, warns that Europe is not prepared for longer and more severe wildfire seasons. The chief executive of the firm told?...
Irish energy distributor DCC Energy agreed on Monday to a PS5,75 billion ($7.68billion) sale to a U.S. consortium of private equity firms KKR & Energy Capital Partners....
Yemen's Houthis, who are aligned with Iran, said that they had targeted a number of sensitive sites for supplying and transporting crude oil between eastern Saudi Arabia...
Brookfield, a global investment firm, announced on Monday that it had raised $2 billion in private equity funds from strategic anchor investors including Saudi Arabia’s sovereign wealth...
An industry source reported on Monday that Kazakhstan, one of the 10 largest oil producers in the world, had more than halved its daily oil production after...
Italian officials and a leading lawmaker announced on Monday that the cabinet would 'adopt new...measures to curb the soaring fuel?prices.' Concerns about fiscal impacts of such measures...
Expand Energy announced on Monday that it would purchase privately-held natural gas'marketer Twin Eagle Holdings' from Five Point Infrastructure for $1.25 billion in order to expand its...
The European Consumer Federation and a prominent EU legislator are urging the European Commission to make sure that online shoppers do not have to pay?unexpected fees to...
Since years, the US has become less vulnerable to the turmoil in the Middle East. The United States, as 'the world's leading producer of natural gas and...
Ukraine's forces have struck Russia's energy infrastructure, which Kyiv claims is an attempt to deny Russia resources for funding its military. Here is a list of recent...
Iran announced on Monday that it still controlled the Strait of Hormuz, and was not interested in restarting peace talks with the United States after President Donald...
The energy supply in Europe is alarmingly vulnerable as conflicts in the Middle East, Russia and the Middle East tighten the global markets for heating oil and...
Officials said that the Italian cabinet would adopt new measures to reduce soaring fuel prices on Monday, amid growing concerns about their?fiscal impact. The increase in?energy prices...
A local official reported that Russian drone attacks on port infrastructure were carried out in Ukraine's southern Mykolaiv region early on Sunday and Monday, killing one person....
A tender document released on Monday showed that India's state-owned company Mangalore Refinery & Petrochemicals Ltd is looking to import oil through a spot tender. For the...
Gdynia's centre, built almost entirely from scratch between World War I and World War II, has been added to UNESCO World Heritage List as the city celebrates...
The?London?shares of?Irish Continental Group soared by more than?26%?Monday after the Dublin-listed maritime transportation group agreed on Friday to a EUR1.2billion ($1.37billion) management buyout that would essentially take...
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