Business
Hapag-Lloyd keeps recently raised outlook despite 9-month profit drop
FRANKFURT (Reuters) – German container firm Hapag-Lloyd on Thursday posted a 47% drop in net profit...
14th November, 2024
Transportation Sector
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Factbox-Airlines suspend flights as Middle East tensions rise
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to...
13th November, 2024
Business
Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels
By Lisa Baertlein (Reuters) – Amazon.com and IKEA, in alliance with about three dozen other companie...
13th November, 2024
Finance
French pilots’ union flags strike to protest tax hike on airline tickets
PARIS (Reuters) – French pilots’ union SNPL is calling for strike action on Thursday to protest agai...
11th November, 2024
Trading
CMA CGM’s profit jumps on buoyant shipping demand
By Gus Trompiz PARIS (Reuters) – Strong global demand pushed up CMA CGM’s third-quarter profit while...
9th November, 2024
Investing
Fraport says Germany’s high costs slow travel recovery at Frankfurt airport
(Reuters) -Frankfurt Airport operator Fraport posted on Tuesday a 2% core income miss and a modest i...
5th November, 2024
Finance
EU must spend 39 billion euros a year for net zero transport targets, campaign group says
By Alessandro Parodi (Reuters) – Europe needs to spend 39 billion euros ($42.46 billion) a year to r...
5th November, 2024
Top Stories
Air-taxi maker Lilium to file for insolvency after failed fundraising efforts
By Abhijith Ganapavaram (Reuters) -German air-taxi maker Lilium said on Monday it would file for ins...
4th November, 2024
Top Stories
EU must spend 39 billion euros a year for net zero transport targets, campaign group says
By Alessandro Parodi (Reuters) – Europe needs to spend 39 billion euros ($42.46 billion) a year to r...
4th November, 2024
Investing
Uber shares slide as slowing bookings growth spooks investors
By Akash Sriram (Reuters) -Uber Technologies signaled a further slowdown in its mainstay app-based t...
31st October, 2024
Business
Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat
By Stine Jacobsen COPENHAGEN (Reuters) -A.P. Moller-Maersk expects strong demand for shipping goods...
31st October, 2024
Business
Airbus delivers first A321XLR in new front against Boeing
By Tim Hepher PARIS (Reuters) – Airbus has delivered its first A321XLR jet to Spain’s Iberia, the Eu...
30th October, 2024