President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. Evan Vucci | AP Photo Investors should “buckle up” for more volatility as the potential for a trade war has not completely dissipated despite U.S. President Donald Trump’s delay of rolling…
EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. Jana Rodenbusch | Reuters The European Union will delay implementing its first set of tariffs on goods from the U.S. until the middle of April to allow for additional time for discussions with Washington, an EU spokesperson told CNBC Thursday. “The…
US President Joe Biden, second left, tours the site of the new Intel semiconductor manufacturing facility near New Albany, Ohio, US, on Friday, Sept. 9, 2022. Gaelen Morse | Bloomberg | Getty Images Intel is pushing off the opening of its Ohio chip manufacturing facility, the embattled chipmaker said Friday. The company said it won’t…
EPA US President Donald Trump has suspended tariffs on small packages from China, after his sudden order ending duty-free treatment for shipments worth less than $800 left the US postal service and other agencies scrambling to comply. The postal service temporarily stopped accepting packages from China as a result of the order, only to reverse…
Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin, Germany, on March 13, 2024. John Macdougall | Afp | Getty Images Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the December quarter, but once more cut its passenger traffic goal for the…
The aviation industry is bracing for another year of turbulence, as delivery delays at Boeing and supply chain problems are set to continue into 2025, say aviation consultants. Sunday marked one year since a door panel blew off a Boeing 737 Max 9 operated by Alaska Airlines, an event that reignited a firestorm of questions…
Aeromexico was the most punctual global airline in 2024, according to a report published by aviation analytics company Cirium. Some 86.7% of its tracked flights arrived “on-time,” defined as arriving within 15 minutes of scheduled arrival times. This result was “absolutely” a surprise, Cirium CEO Jeremy Bowen told “Squawk Box Asia” Friday. “They’ve had a…
Watch: Santa Cruz Wharf partially collapses due to pacific storm Millions of Americans across the US are bracing for difficult weather conditions during the Christmas holiday, with storms threatening to further disrupt one of the busiest travel periods of the year. Up and down the east coast, the first storm of the winter blanketed cities…
A staff member checks a Bentayga SUV on the Bentley production line at its factory in Crewe, England, on Dec. 7, 2022. Phil Noble | Reuters Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035. The…
