According to economists and government officials, Kyiv could need additional money this year to meet its military needs. Ukraine's budget projects a huge deficit of 1.9 trillion...
Union -Pacific exceeded Wall Street expectations for the 'first quarter profit' on Thursday. This was due to gains from a sleaner operation and stronger pricing, which helped...
U.S. Airlines are experiencing their highest passenger numbers in history, packing more people into their planes to boost revenues. Yet, in a cruel irony, a war thousands...
Amsterdam's Schiphol Airport will offer a temporary 10% discount on airport fares to help offset the higher fares caused by the Middle East conflict. Schiphol will temporarily...
Three trading sources have told? that spot premiums for Russia’s Far East ESPO blend crude oil delivered to China in Junehave eased due to weak refining margins....
Lufthansa has announced plans for "Economy Basic", a new fare in Europe that will add a new option to the'struggle of passengers with size restrictions on carry-on...
The 'Iran War' has pushed up jet fuel prices, which have impacted American Airlines' profit margins. Since the start of the conflict, jet fuel prices have almost...
Utility PG&E Corporation beat Wall Street expectations for first-quarter profits?on?Thursday, due to higher rates for 'its services and robust power demand. In premarket trading, shares of the...
Lufthansa Group announced plans for an "Economy Basics" fare, which adds a new spin to the 'fighting between 'passengers over size restrictions on carry-on luggage. The German...
As customers are wary of paying more at the pump because of the Middle East conflict, there have been early signs that the U.S. car rental industry...
Emergency services reported that two?local trains collided in the same direction?northeast of the 'Danish capital of Copenhagen? on Thursday. The collision injured 17 people. Five of them...
The German airline 'Lufthansa' lost its appeal against a court ruling on Thursday that invalidated EU approval for state aid it received during the COVID epidemic. This...
Swiss elevator manufacturer 'Schindler' is working to reduce costs by implementing surcharges and pricing changes. On a conference call with analysts, Schindler CEO Paolo Compagna stated that...
?U.S. Airlines are experiencing their highest passenger numbers, packing more people on their planes, and boosting revenue. Yet, in a cruel contradiction, a war thousands miles away...
In a teaser video, China teased?an aircraft?carrier that could be their fourth and first to use nuclear power. They also promised to continue building up?their islands as...
Data from LSEG and traders showed that Russia's seaborne fuel oil and vacuum gasolineoil exports to?Saudi Arabia jumped by 18% from February - to 1 million metric...
The Middle East conflict has caused disruptions to global air traffic, which have led WH Smith to lower its profit forecast for the year and suspend a...
The Economy Ministry of Slovakia announced that Slovakia began receiving crude oil via the Druzhba Pipeline early on Thursday. This confirmed the end of the outage, which...
Analysts say that the U.S./Israeli war against Iran will benefit European logistics companies, which are expected to post higher profits in the first quarter. However, analysts also...
The Iran War has caused the aluminum market to focus on what isn't?coming out of Strait of Hormuz. There is a second, equally important problem: What is...
Iran has seized two ships at the Strait of Hormuz, tightening its grip on this?strategic artery' after U.S. president Donald Trump announced that he would cease all...
China announced on Wednesday that it would continue to build up the more than 11,000 islands that it claims as its own in order to better govern...
China announced on Wednesday that it would continue to build up over 11,000 islands, which it claims as its own. This will allow it to better govern...
Iran has seized two ships in the Strait of Hormuz, tightening its grip on this strategic waterway following the announcement by U.S. president Donald Trump that he...
Two top executives in the shipping sector said that they wanted to see a safe and sustainable passage through Strait of Hormuz before much oil or cargo...
American Airlines and Alaska Air Group are in initial discussions to expand their partnership. This could include bringing Alaska into American's transatlantic or transpacific joint business agreements....
After a drone attack by Ukraine, a large group of Russian firefighters fought a fire for the third time on Wednesday at the Tuapse Oil Refinery in...
A number of U.S. legislators expressed concern about a possible federal government rescue of bankrupt Spirit Airlines. The Republican chair of the Senate Commerce Committee called it...
?U.S. CSX reported higher first quarter?profits and revenues, thanks to a?strong intermodal volume?and a?firm price, sending its share prices up by nearly 7%. Strong intermodal demand, supported...
CSX, the U.S. railroad company, reported higher 'first-quarter revenue and profit, thanks to a strong intermodal volume and firm pricing. Shares rose more than 6% after 'bell....
Kinder 'Morgan exceeded Wall Street expectations for first-quarter profits on Wednesday. This was aided?by the higher volumes of?natural gas transported through its pipelines. U.S. Pipeline companies benefit...
Southwest Airlines predicted a second-quarter loss below analysts' expectations on Wednesday as rising jet fuel costs due to the war in Iran have pushed up costs and...
Julian Kristansen of the Necochea City Council, the chair of the Transportation Committee, said on Wednesday that Argentine truckers who have protested 'higher freight rates' have agreed...
Scott Kirby, CEO of United Airlines, played down speculation on Wednesday about a possible tie-up with American Airlines. He also declined to comment on reports that he...
United Airlines CEO Scott Kirby stated on Wednesday that ticket prices could rise as much as 15 to 20% in order to offset the surge in jet...
Two industry sources said that the Caspian Pipeline Consortium plans to export 1.8 million barrels of CPC Blend crude per day in May, up from 1.65 million...
Wall Street Journal reported on Wednesday that the Trump administration is close to a deal with Spirit Airlines. The Wall Street Journal quoted people who are familiar...
Officials said that Russian oil began flowing through the Ukrainian portion of the Druzhba Pipeline on Wednesday, after a halt which lasted months. This allowed Hungary to...
Two top executives in the shipping sector said that they wanted to see a safe and sustainable passage through the Strait of Hormuz before much oil or...
On Wednesday, the German and French defence ministers gave 'differing' timelines for a decision to be made on the Franco-German FCAS Fighter Jet Project. One said that...
The global air travel industry is still severely affected by the Iran War. Many people are unable to reach their destinations as planned after major Middle Eastern...
Boeing reported on Wednesday a smaller first-quarter profit than analysts expected. This is a sign that the U.S. aircraft manufacturer continues to recover from the pandemic, and...
Boeing reported on Wednesday a smaller loss in the first quarter than analysts had expected. This is a sign of a continued recovery from COVID-19 and other...
After Hungary lifted its veto on Wednesday, EU ambassadors approved the disbursement a?90 billion euro ($106billion) loan to Ukraine, as well as a?new?package? of sanctions against Russia....
In recent months, Ukraine has intensified its attacks on Russian energy installations as the peace talks failed to progress. Here is a brief summary of the recent...
The U.S. and Israeli war against Iran, which has pushed up jet fuel prices, has shook the aviation industry around the world. Airlines have been forced to...
Wall Street is roaring back to record-highs despite the uncertainty surrounding the conflict in Iran. This risk has been highlighted by the'steady drumbeat' of CEOs warning about...
In the Maya jungle of Mexico, a series of brilliant white lights are blazing in the darkness. It is a depot for a multi-billion dollar train line....
Norway announced on Wednesday that it will halt the 'allocation of power grid connections' to major industrial plants located in its Arctic region due to a 'capacity...
As fuel prices rise, they are causing inflation and affecting consumer confidence, while also weighing on the earnings of Australian and New Zealand companies. Some of the...
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