The companies announced on Friday that Austrian Strabag has withdrawn from the deal and Porr will be acquiring the Austrian project-development business of VAMED as well as...
The Asian spot price of liquefied gas (LNG), which is a liquefied form of natural gas, rose this week for the first gain in almost a month....
The Handelsblatt reported Friday that the German government intends to order over 600 Skyranger 30-short-range air defence system from Rheinmetall by the end of this year. It...
Spirit Airlines' financial problems reveal that going upmarket is not the panacea to the challenges faced by low-cost carriers. These carriers are struggling with rising operating costs,...
In recent weeks, drones have disrupted the airspace in Europe. This has caused airport closures and flight cancellations. As tensions between the West and Russia have increased...
According to industry sources, calculations and sources, oil exports and transit through Russia's western port are expected to remain close to the record levels of September due...
Both parties announced on Friday that Lufthansa would continue to negotiate with the German Pilots' Union VC regarding a pension dispute. This will prevent a strike for...
China's Transport Ministry announced that vessels owned or operated or built in the United States, or those flying the U.S. Flag will be charged an additional port...
Sean Duffy, the U.S. Transportation secretary, warned that the government may dismiss air traffic controllers if they repeatedly fail to report to work during the shutdown. Flight...
Trump's administration proposed on Thursday to ban Chinese airlines from flying above Russia during flights into and out of the United States. They said the practice places...
The Trump administration began playing a video in airports around the country on Thursday, blaming Democrats for a nine day-old shutdown of the government that has caused...
Market sources say that the price of Urals crude remained stable on Thursday, despite a thin trade. However, a rise in freight rates from Russian ports to...
Ahmet Bolat, Turkish Airlines' chairperson, said that the airline could change its order of Boeing 737 MAX planes to Airbus if negotiations with engine supplier CFM do...
Delta Air Lines announced on Thursday that a robust demand for luxury travel, coupled with a sharp decline in seat capacity expansion across the industry, has positioned...
Citigroup rejected Grupo Mexico’s bid to acquire its retail division in Mexico, Banamex. Instead, Citigroup opted to move forward with an agreement previously reached. Grupo Mexico Surprised...
Two sources familiar with this matter have confirmed that Abu Dhabi's sovereign fund ADQ is a possible suitor for the sale of Catania Airport's operator, in Sicily....
Airbus predicts a 3.6% growth in aircraft service over the next twenty years. This will create jobs for 2,35 million pilots as well as mechanics and other...
Stocks of rare-earths miners rose on Thursday morning after China tightened its export controls for metals vital to the electronics and weapons industries. The goal was to...
Neelu Khtri, cofounder and head international operations of India's Akasa Airlines, will leave the airline in order to pursue new opportunities. This is at a moment when...
ARM Energy Holdings announced on Thursday that it and its partner Pacific Investment Management Company have reached a final decision regarding their $2.3 billion Mustang Express Pipeline...
Transnet's CEO announced on Thursday that a South African court had ordered China's CRRC E-Loco, which has been in a long-running dispute with Transnet, to release locomotive...
Azerbaijani leader was told by Russian President Vladimir Putin that two Russian missiles were detonated next to an Azerbaijan Airlines aircraft last year, after Ukrainian drones invaded...
Data from LSEG and market sources showed that the cheaper barrels were what attracted buyers to Taiwan and India, where Russian naphtha was exported in August. The...
The U.S. Travel Industry is suffering from the federal government shutdown, which worsens as Congress remains in a deadlock. The United States lawmakers may take several days...
Data from market sources and LSEG revealed that Taiwan and India were the two main destinations of Russian seaborne naphtha in August as cheaper barrels attracted buyers....
China's dominance in clean energy manufacturing has translated into a massive export business. Since 2018, close to $1 trillion of batteries, solar panels, electric vehicles, and wind...
He told journalists that Chancellor Friedrich Merz would meet with executives of top German automakers on Thursday, but without a united government position regarding the European Union...
Maersk's shares fell Thursday, as investors hoped that a Gaza ceasefire agreement would allow for the eventual restoration of container shipping routes via the Red Sea and...
FlightPulse is a flight data monitoring application developed by GE Aerospace. It has grown rapidly in the past year, from 40,000 to over 60,000 users. The company...
The travel industry in the United States has had a difficult year already. The shutdown of the federal government is only making things worse. The United States...
The U.S. National Highway Traffic Safety Administration announced on Thursday that they are opening an investigation regarding 2,88 million Tesla cars equipped with the Full Self-Driving System...
Maersk shares dropped on Thursday, reaching their lowest level since July. Investors anticipated that a Gaza ceasefire agreement could restore container shipping routes via the Red Sea...
Oct. 9 - Stock markets in the Gulf region rose early on Thursday, supported by the hope of more U.S. rate cuts in this year as well...
Azerbaijan’s sovereign wealth fund SOFAZ announced on Thursday that it will invest 50 million pounds ($67m) in London’s Gatwick Airport, making this one of its largest infrastructure...
Seychelles voters will go to the polls again on Thursday, for a runoff between the incumbent president and the leader the long-time ruling party of the Indian...
Federal Aviation Administration (FAA) delayed flights at several airports, including Reagan Washington National Airport and Newark Liberty International Airport on Wednesday as it continued to experience higher...
Petrobras, the state-run Brazilian oil company, has spent 180 million reais (33.7 million dollars) to keep a drillship in reserve in the Foz Do Amazonas basin. This...
Stoke Space announced on Wednesday that it had raised $510m in a round of funding led by Thomas Tull, the US Innovative Technology Fund. The money will...
According to a Wednesday letter, a group of major U.S. airline representatives said that it was imperative the Federal Aviation Administration achieve some "quick victories" in the...
CBC News reported on Wednesday that Canadian Prime Minister Mark Carney discussed the possibility of reviving Keystone XL, the oil pipeline connecting Alberta with the United States....
The differential between Brent and Urals crudes dated on Wednesday remained unchanged, but the Azeri BTC plan for exports from Turkey's Ceyhan Port in November was set...
Rui Costa said that the Brazilian president's chief of staff has no plans for the government to eliminate the public transport fares in Brazil this year or...
Abu Dhabi National Oil Company announced on Wednesday that six of its publicly listed subsidiaries would distribute 158 billion Dirhams ($43.02billion) in dividends between 2030 and 2035....
Airbus announced on Wednesday that it has delivered 507 aircraft in the first nine-month period. The fourth quarter will see 313 additional planes being delivered to meet...
Ryanair, a major Boeing customer, said that it is confident that the U.S. aircraft manufacturer will be granted permission to increase the monthly production rate for its...
The major U.S. carriers are bracing themselves for a third consecutive day of delays as the U.S. Federal Aviation Administration continues to face staffing problems for air...
On Wednesday afternoon, the largest seaport in Europe, Rotterdam, went on strike for 48 hours to demand higher salaries. Meanwhile in the neighbouring Belgian port's main port...
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