June 2, 2019

Global airlines slash profit forecast 21% on protectionism fears

Global airlines slashed a key industry profit forecast by 21% on Sunday amid concerns over an expanding trade war and higher oil prices. Powered by WPeMatico
June 2, 2019

Wall Street Weekahead: Struggles of transport stocks transmit caution to market

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 […]
June 1, 2019

GE says French plant set for layoffs will not close down

A General Electric (GE) factory in eastern France where the U.S. group is planning job cuts will not close down, and the firm is looking into […]
June 1, 2019

Mexican president hints at migration concessions to defuse U.S. trade spat

Mexico’s president on Saturday hinted his country could tighten migration controls to defuse U.S. President Donald Trump’s threat to impose tariffs on Mexican goods, and said […]
June 1, 2019

Budget airlines the flavor of South Korean aviation market, Jeju travel booms

Kim Bo-Min, a Starbucks barista, paid 140,000 won ($118) for a round-trip from her hometown of Daegu to the popular resort island of Jeju, arriving on […]
June 1, 2019

China to investigate whether FedEx harmed client interests: Xinhua

China will open an investigation into whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency reported on Saturday. […]
June 1, 2019

U.S. begins collecting higher tariffs on Chinese goods arriving by sea

The United States began collecting higher, 25% tariffs on many Chinese goods arriving in U.S. seaports on Saturday morning in an intensification of the trade war […]
June 1, 2019

China to issue white paper on trade talks with U.S. on Sunday

The information office of China’s State Council, or cabinet, said it would release a white paper on U.S.-China trade talks on Sunday, the official Xinhua news […]
June 1, 2019

India plays down Trump decision to remove U.S. trade privileges

The Indian government said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by U.S. President […]
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