Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
Asset managers and insurers are calling for sweeping reforms to Europe’s struggling debt securitisation market, arguing that much-needed changes could unlock hundreds of billions of euros in financing for businesses and households.
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The European Union is exploring the use of manure-based fertilizers to replace some of the chemical fertilizers it imports from Russia, as part of a broader strategy to reduce its reliance on
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VistaJet, the debt-laden private jet company, is grappling with a significant drop in cash reserves, the lowest since the early days of the pandemic, as its ultra-wealthy clientele scale back their travel
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A high-level Japanese initiative, supported by former prime minister Yoshihide Suga, former Tesla board member Hiro Mizuno, and Suga’s former aide Hiroto Izumi, is hoping to draw Tesla into investing in the
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Delta Air Lines is offering $30,000 in compensation to each passenger aboard the regional jet that crashed and flipped upside down while landing at Toronto Pearson International Airport on Monday. The airline
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Airbus, the world’s largest planemaker, has set a modest target of delivering 820 commercial jets in 2025, falling short of analyst expectations and highlighting continued supply chain challenges, the Financial Times (FT)
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A once-promising electric truck manufacturer has filed for bankruptcy in the U.S., marking a dramatic downfall after its founder was convicted of fraud. The company, which had ambitions to rival Tesla, was
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A large fragment of a SpaceX Falcon 9 rocket made an unexpected and uncontrolled re-entry into Earth’s atmosphere, crash-landing onto a man’s lawn in Poland, the country’s space agency confirmed on Wednesday.
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Rio Tinto, the Anglo-Australian mining giant, has reported a 7% decline in underlying earnings for 2024, largely due to falling iron ore prices and inflationary pressures. The company, which is one of
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In an era where sustainability is quickly becoming a global priority, a new wave of innovation in textiles aims to eliminate the environmental cost of one of the most common and beloved
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