The global air passenger demand is likely to double over the next 20 years, from 9.2 billion passengers in 2019 to about 19 billion in 2040 with Asia-Pacific and the Middle East accounting for 58% of the volumes, a report said.
APAC and Middle East vol…
(Bloomberg) — European stocks and US equity futures were steady as investors awaited the release of policy minutes from the Federal Reserve’s latest meeting for insights on the path of rate hikes.
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The Stoxx Europe 600 held ne…
(Bloomberg) — Oil steadied as traders awaited further details of a plan to cap Russian crude prices and assessed the outlook for demand in Covid-hit China.
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West Texas Intermediate traded near $81 a barrel, after gaining more …
WASHINGTON (Reuters) – Republican members of Congress, who will set the agenda for the House next year, pressed short video app TikTok on Tuesday over concerns the company may have misled Congress about how much user data it shares with China, where ow…
The U.S. on Tuesday released detailed guidelines on how to legally participate in trading or financing Russian oil, days away from announcing an official price cap, according to a senior Treasury official who previewed the guidelines.The U.S. has joine…
(Bloomberg) — Goldman Sachs Group Inc. will pay $4 million to settle US regulators’ claims that its asset-management unit didn’t properly weigh environmental, social and governance factors in some of its investment products.
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Reuters
Dubai’s main airport raises 2022 passenger forecast
DUBAI (Reuters) -Dubai’s main airport has raised its passenger forecast for this year by 1.5 million to 64.3 million after passenger traffic nearly tripled in the third quarter from the same…
Jason Seidl, Cowen Managing Director for Industrials, examines the state of the supply chain as cargo continues to be lost or locked in ports, how West Coast ports are positioned, and the outlook on impacts from railway workers’ strike against freight …
By Kanishka SinghWASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Tuesday charged Goldman Sachs Asset Management with failing to follow its policies and procedures involving environmental, socially oriented and other investments, an…
U.S. stocks moved sharply higher Tuesday, with gains accelerating into the final hour of trading after a mostly uneventful pre-Thanksgiving session.The S&P 500 (^GSPC) and technology-heavy Nasdaq Composite each climbed 1.4%, while the Dow Jones Ind…
Disney (DIS) shares rose Monday following news Bob Iger replaced Bob Chapek as CEO, effective immediately.And the longtime CEO’s impact is already being felt upon his return.On Monday, Iger made his first big move as CEO — firing Kareem Daniel and rest…
© Reuters. FILE PHOTO: FedEx air freight cargo planes parked at a FedEx regional hub at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., September 16, 2022. REUTERS/Bing Guan/File Photo
(Reuters) -FedEx Corp’s freight divisio…
Condor Ferries is laying on extra sailings between the Channel Islands and Poole after the Commodore Clipper had to undergo ‘essential repairs’.
Divers inspecting the ship found an onboard seal had been damaged after ‘ingesting debris’.
It comes after …
The recent announcement by President Yoweri Museveni that the government was to soon ban the importation of buses into the country, has started to bear fruit as local transport companies have placed orders with the local motor vehicle manufacturer, Kii…