The builders of the Atlantic Coast Pipeline are halting the project as companies continue to face growing environmental opposition to new fossil fuel pipelines in the United States. Duke Energy Corp. DUK ,-0.11% and Dominion Energy Inc. D ,+0.41% said Sunday that they were abandoning the $8 billion pipelineRead More →
By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) – United Airlines Holdings Inc (O:) said on Friday it is extending the cancellation of Boeing 737 MAX flights until Sept. 4, a fresh delay that comes as sources told Reuters that the timing of a key certification flight may not happenRead More →
BRUSSELS (Reuters) – Ryanair (I:) may not receive any 737 Max aircraft from Boeing (N:) by next summer over European delays in testing the grounded jets, Chief Executive Michael O’Leary said, estimating the issue is costing it at least 100 million euros a year. Ryanair trimmed its passenger traffic forecastRead More →
DUBAI (Reuters) – The board of Rolls-Royce (L:) must urgently address its engine performance problems, the head of Dubai’s Emirates said, as the world’s largest buyer of wide-body jets weighs up who will power its order of Boeing (N:) 787 jets. Emirates [EMIRA.UL] agreed to buy its first 787 DreamlinersRead More →
AMSTERDAM (Reuters) – Ground staff for the Dutch arm of Air France KLM SA (PA:) are set to strike on Monday morning at Amsterdam’s Schiphol Airport, likely causing delays and canceled flights, the Dutch union FNV said Saturday. The ground staff will strike from 0600 GMT to 0800 GMT. TheRead More →
© Reuters. Swedish regulator delays Swedbank money-laundering probe report STOCKHOLM (Reuters) – The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, it said on Friday, pushing back the deadline by several months. SwedbankRead More →
© Reuters. Investing.com – Nvidia rallied on Tuesday thanks to a timely boost ahead of its due later this week after the U.S. delayed some tariffs on Chinese goods, lifting investor sentiment on chipmakers. The United States Trade Representative office said Tuesday that new tariffs on certain consumer items, whichRead More →
Getty Images The Trump administration took a two-pronged trade approach to China on Tuesday, as President Donald Trump blasted Beijing over halting agriculture imports while the U.S. Trade Representative’s office said it was delaying tariffs on certain Chinese goods. FARM FIGHT On Twitter, Trump criticized China for its suspension ofRead More →
© Reuters. FILE PHOTO: Rajeev Suri, Nokia’s President and Chief Executive Officer, speaks during the Mobile World Congress in Barcelona HELSINKI (Reuters) – Nokia (HE:) Chief Executive Rajeev Suri said on Tuesday that the company had been a little slow in getting 5G technology up and running, citing merging itsRead More →
© Reuters. Oil tankers pass through the Strait of Hormuz By Nidhi Verma NEW DELHI (Reuters) – Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from U.S. sanctions against the OPEC-member, four sources said. In November,Read More →
© Reuters. FILE PHOTO – Hernan Rincon, executive president and CEO of AVIANCA Holdings S.A., speaks during a news conference at Monsignor Oscar Arnulfo Romero International Airport in San Luis Talpa SAO PAULO (Reuters) – Colombian airline Avianca Holdings canceled an order of 17 Airbus A320 Neo aircraft and delayedRead More →
© Reuters. FILE PHOTO: An American Airlines jet taxis on the runway at Washington National Airport in Washington By David Shepardson and Tracy Rucinski WASHINGTON (Reuters) – American Airlines was fined $1 million and Delta Air Lines Inc (NYSE:) $750,000 for violating federal rules barring lengthy tarmac delays at U.S.Read More →
© Reuters. Investing.com – Chinese equities jumped more than 3% in morning trade on Monday after U.S. President Donald Trump announced that he will delay additional tariffs on Chinese goods, citing “substantial progress” in bilateral talks. The and the traded 3.3% and 4.3% higher by 10:15 PM ET (03:15 GMT).Read More →
