Wednesday 5 August 2015
 
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New US airline group opposes Open Skies dispute

A challenge by US airlines that accuses three Gulf carriers of distorting competition via government subsidies took another turn on Monday with the formation of a US airline group that backs the Gulf-carriers' cause. Four long

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Globe Express Services opens new office in Houston

Globe Express Services, a logistics service provider, has openeds its new office in Houston, Texas to cater to the growing deamnd for comprehensive logistics services in the US.    The opening of the new off

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Major US airlines ban trophy hunter shipments

Three US airlines have banned the transport of lion, leopard, elephant, rhino or buffalo killed by trophy hunters, in the latest fallout from the killing of Zimbabwe's Cecil the lion last month. American Airlines said on Tuesday it

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US, Egypt return to 'stronger base': Kerry

The United States and Egypt are returning to a "stronger base" in bilateral ties despite tensions and human rights concerns, US Secretary of State John Kerry said on Sunday after talks with his Egyptian counterpart. &quo

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US returning to 'stronger ties' with Egypt: Kerry

The US and Egypt are returning to a "stronger base" in bilateral ties despite tensions and human rights concerns, US Secretary of State John Kerry said on Sunday after talks with his Egyptian counterpart. "Egypt rem

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Qatar Airways refutes subsidy allegations by US carriers

Qatar Airways has fully refuted the subsidy allegations levelled against it by the Big 3 US carriers in a ‘White Paper’ it submitted to the US government. The detailed submission comprehensively addressed and answered

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FB drone ‘ready for real-world testing later this year’

Facebook announced on Thursday it has completed building its first full-scale drone, which has the wingspan of a Boeing 737 and will provide Internet access to the most remote parts of the world. The company said it will test it i

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US oil storage becomes big business

Commercial crude stocks across the United States rose by 105 million barrels early this year to peak at 490 million barrels, the highest level in eight decades. Despite some draw downs in recent weeks, which have reduced inventori

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Dollar, US yields rise on rate-hike prospects

The dollar traded near weekly highs and US Treasury yields rose on Thursday as US gross domestic product data showed a pick-up in consumer spending and encouraged bets that hikes in US interest rates will start as soon as September.

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Oil prices fall on Opec’s ‘no production cut’ comment

Oil prices fell in Asian trade on Friday as concern over global oversupply intensified after the head of oil producers' cartel Opec indicated there would be no cut-back in production, although a fall in the US dollar put a floor under prices

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