Middle Eastern carriers increased capacity following the Iran War, and airlines outside the Gulf have rerouted flights between Europe & Asia away from major hubs in the...
Airbus has said that it delivered fewer planes in the year to April than during the same period a year ago, underlining the pressure on the European...
Telecom Italia Chief Executive Pietro Labriola stated?on Friday that it is too early to decide if a cash and share takeover offer from the state-backed Poste Italiane...
The president of Canadian Natural Resources stated on Thursday that Canada's oil-sands basin has a significant expansion potential, but?its long-term growth prospects are dependent on the construction...
Caixin, the Chinese media outlet, reported that a Chinese-owned oil product tanker was attacked on Monday near the 'Strait of Hormuz. President Donald Trump launched a U.S....
Telecom Italia's Chief Executive said that a commercial tie-up would entitle Telecom Italia to a?additional?payment?of?upto 75% % of the benefits FiberCop receives from the deal. Last month,...
The owner of Facebook and Instagram, Meta, is challenging 'Britain's Media Regulator Ofcom's' calculation of fees 'and 'penalties' under the Online Safety Act. This was heard at...
Avolta, a duty-free retailer, said that it felt the impact of the Iran War in the first quarter as major hubs for air traffic in the Middle...
Draft EU guidelines, seen by ' showed. European airlines have largely ridden the 'crisis out so far. Hedges have cushioned costs, even though jet 'fuel prices are...
A notice published by the London Metal Exchange on Thursday showed that China's Tsingshan Group has applied to have aluminium produced at its Hua Chin joint venture...
According to shipping data and industry sources, the United Arab Emirates, along with buyers, have recently sailed several oil tankers through the Strait of Hormuz to transport...
Cheniere?Energy swung from a profit to a loss during the first quarter of this year, Thursday. This was due to?billions?of?dollars?in losses related to LNG-linked contracts. The company's...
Scoot is the low-cost division of Singapore Airlines. It has ordered five Airbus A320neo aircraft and exercised options on six more. The carrier wants to increase capacity...
Donald Trump, the U.S. president, will meet with Chinese President Xi Jinping next week during his trip to Beijing. Both countries are seeking to stabilize a strained...
ElectroMobility Poland, which is backed by the state, announced Thursday that it would partner with Taiwan's Foxconn in order to establish an electric vehicle research and production...
Transport Minister Philippe Tabarot announced late Wednesday that the French 'government' is prepared to offer a monetary aid for airlines affected by the?increase in jet fuel prices....
Bloomberg reported that Tony Fernandes, AirAsia's co-founder, is planning to launch a new airline based on the high volatility of oil prices. Reports indicate that the new...
Emirates Airlines posted a record-breaking 'full year net profit on Thursday despite the impact from the 'Iran war. The carrier cited strong travel demand for most of...
Maersk, the shipping company, posted slightly higher operating profits in its first quarter than analysts had predicted on Thursday. It also kept its earnings guidance for the...
SBM Offshore, a Dutch floating production company, raised its revenue guidance for 2026 on Thursday after its first-quarter directional revenues more than tripled. This was primarily due...
China could try to "manoeuver" the Taiwan issue if?U.S. A top Taiwanese Intelligence official told?Taiwanese media on Thursday that President Donald Trump will visit Beijing next week....
HawkEye 360, a space?analytics company, raised $416 million in its U.S. IPO on Wednesday. In the IPO Herndon, a Virginia-based company, sold 16 million shares at $26...
The U.S. National Transportation Safety Board published data this week indicating that the fuel supply was'switched off' to both engines of a China Eastern Airlines Boeing 737...
A U.S. Air Force official and someone familiar with the program have confirmed that the U.S. Air Force plans to deliver a Boeing 747, which Qatar has...
AirAsia, a Malaysian budget carrier, has ordered 150 A220-300 jets designed in Canada from Airbus. This is the largest single-firm order for the jetliner ever. The companies...
The head of the Federal Aviation Administration (FAA) will be questioned on Capitol Hill, on May 19, after a report revealed that'systemic failures within the agency led...
Peter Fitzpatrick, NextDecade Shipping Vice President and speaker at an event held in Houston on Wednesday, said that the ongoing conflict in the Middle East will cause...
The World Health Organization says the threat to the public's health is low. What has happened on the cruise ship? The WHO announced on Wednesday that eight...
The U.S. Transportation Department reported that major U.S. airlines spent just over $5 billion in jet fuel during March. This is up $1.8 'billion, or 56%, from...
The Russian oil company Rosneft reportedly filed a lawsuit against its German subsidiaries that are the majority owners of the PCK Schwedt Refinery. This was reported by...
The aviation industry was blindsided by the sudden increase in jet fuel costs from $85 to $100 to $150 to $200 per barrel during the U.S. and...
France's Charles de Gaulle carrier group has moved into the Red Sea, Gulf of Aden and the Arabian Sea as part of a?France-Britain?preparation for a?future?mission? to assist...
Alaska Air announced on Wednesday that it would raise $500 million via a debt offering. The airline is looking to bolster liquidity in the face of a...
Hermes Airports, Cyprus' airport operator, said on Wednesday that the number of seats available to Cyprus this summer would be "no more than" 5%. The Iran war...
Ship-tracking data?showed that a second liquefied gas tanker managed by Abu Dhabi's National?Oil?Company?(ADNOC) had crossed the Strait of Hormuz and appeared to be near Indonesia. The first...
Uber Technologies announced Wednesday that it would exceed Wall Street's expectations for the second quarter, despite the Middle East conflict. The shares of the San Francisco based...
Uber Technologies announced Wednesday that it had exceeded Wall Street's expectations for second-quarter bookings due to strong demand for its ride-hailing, delivery and e-commerce services. The company's...
The Bild newspaper reported that the woman did not show any symptoms. Bild reported that the passenger was in contact with another German woman who died on...
In an outbreak of the hantavirus on a luxury ship, three people died. Five other confirmed or suspected cases were also reported. What is the exact definition...
The U.S. National Transportation Safety Board released data last week that showed the fuel supply was cut off to both engines of a China Eastern Airlines jet?before...
LSEG and market sources reported that Russia's seaborne gasoil and diesel exports increased by 8% in April from March. This is only a slight decrease from the...
Israel will send jet fuel to Germany following the recent request from Berlin for assistance due to a crisis in Strait of Hormuz. The ministry did not...
According to a late-night statement by an UAE official, the United Arab Emirates have denied Sudan's allegations that an Emirati drone was used in an attack launched...
The South Korean presidential office announced?on? Wednesday that it suspended a review of whether or not to take part in an American operation to escort vessels through...
Dubai led gains in the early trading on Wednesday across Gulf stock exchanges as a fragile U.S.Iran ceasefire held despite a new flare-up of tensions. This allowed...
On Wednesday, the regional government of Spain's Canary Islands, led by Fernando Clavijo said that it was opposed to allowing an ill-fated luxury cruise ship, which has...
French shipping group CMA CGM announced on Wednesday that the San Antonio was the 'target of an attack' while transiting the Strait of Hormuz. The incident resulted...
South Africa identified the Andes strain hantavirus which is a virus that spreads from person to person, in two people who?came?off of a cruise ship affected by...
A Greek coast guard official confirmed that Greece has rescued the nine crew members of a cargo ship, eight Turkish and one Azerbaijani. The ship hit rocks...
The Greek coast guard reported that all nine crew members were rescued from a cargo vessel which sank and ran aground early Wednesday morning off the island...
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