Emirates, Qatar Airways and Etihad Airways have become some of the world’s largest and most profitable thanks to their location at the center of busy travel routes.
Category: Europe
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War in Iran Has Grounded Gulf Airlines Like Emirates
The New York Times – Business: -
Surging Energy Costs Put German Industry ‘Really in Danger’
The New York Times – Business:Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
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Oil Prices Barely Budge After Trump Lifts Russia Sanctions
The New York Times – Business:After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.
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Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy
The New York Times – Business:Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
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U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher
The New York Times – Business:Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was up and stocks in Asia rose.
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business:Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
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War-Induced Inflation Spike Looms Over Europe’s Economic Recovery
The New York Times – Business:For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
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Ford and G.M. Face a Dilemma as China Excels in Electric Vehicles
The New York Times – Business:General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
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Wayve, an A.I. Driverless Car Start-Up in Europe, Raises $1.2 Billion
The New York Times – Business:The London-based company is building a system that uses artificial intelligence to power autonomous vehicles.
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After Tariff Decision, What Happens to Trump’s Deals With China, Canada and Europe?
The New York Times – Business:The Supreme Court’s decision to invalidate many of President Trump’s tariffs raised questions about what would become of agreements struck with major U.S. trading partners.
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After Tariff Decision, What Happens to Trump’s Deals With China, Canada and Europe?
The New York Times – Business:The Supreme Court’s decision to invalidate many of President Trump’s tariffs raised questions about what would become of agreements struck with major U.S. trading partners.