Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling.
BEIJING: Washington's escalating trade war with Beijing has not "made America great again" and has instead damaged the American economy, China said Sunday (Jun 2), stressing that while it wants resolution through talks there will be no compromise on core principles. Beijing's broadside is the ...
The intensifying US-China trade war and rising fuel prices will continue to bog down airline profits this year, the International Air Transport Association said Sunday.
U.S. antitrust regulators have divided oversight of Amazon.com Inc and Alphabet Inc's Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, the Washington Post said on Saturday.
Global airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX, thus avoiding damaging splits over safety seen when the aircraft was grounded in March.
The European Union will work with other regulators on the approval of new software for the Boeing 737 MAX but reserves the right to take its own decision on when to return the grounded jet to service, the bloc's transport chief said on Sunday.
China will investigate whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency said on Saturday, after Chinese telecoms giant Huawei said parcels intended for it were diverted.
Emirates airline President Tim Clark said on Sunday that global regulators should act in a coordinated way to return the Boeing 737 MAX to service and warned it could take six months to get the grounded jet back into operation.
SINGAPORE: China is ready to fight the US on trade but the door is still open for talks, the country's defence minister said Sunday (Jun 2). "On the trade friction started by the US: if the US wants to talk, we will keep the door open. If they want to...
Global airlines slashed a key industry profit forecast by 21per cent on Sunday amid concerns over an expanding trade war and higher oil prices.
