Senate hikes 2018 oil benchmark to $47 per barrel

The Senate on Tuesday raised the oil benchmark for the 2018 budget from the $45 per barrel as…

Japan Airlines invests $10 million in supersonic jet company Boom

Denver-based startup Boom Supersonic said on Tuesday Japan’s No.2 carrier Japan Airlines Co Ltd  has invested…

Global air passenger traffic demand up 7.2 percent in October- IATA

Global demand for air travel climbed 7.2 percent in October, rebounding after September was disrupted by…

NSCDC destroys 28 illegal refineries in Edo 

  The Nigeria Security and Civil Defence Corps (NSCDC), Edo Command, has said it destroyed 28…

Maersk to dump Hamburg Süd’s German flag

By Jite Eriabie  Maersk is to reflag its recently acquired Hamburg Süd containerships away from the…

UK agrees to ‘regulatory alignment’ on both sides of Irish border

Britain agreed on Monday to keep Northern Ireland in “regulatory alignment” with the European Union after…

South Africa to hike petrol, diesel prices in December

The retail price of petrol and the wholesale price of diesel in South Africa will increase…

13 dead, 2 missing as fishing vessel sinks off South Korea

By Jite Eriabie   At least 13 people have lost their lives after a fishing boat collided…

Italy moves to fine Ryanair over flight chaos

Italy’s competition watchdog on Monday initiated non-compliance proceedings against Ryanair that could see the airline fined…

Aviation workers to picket Kenya Airways

The National Union of Air Transport Employees (NUATE) has said it will picket Kenya Airways from December…

Eight killed as fishing boat collides with tanker off South Korea

A South Korean fishing boat capsized off the country’s western coast on Sunday after it collided with a…

China, Canada sign trade agreements during Trudeau visit

Visiting Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang signed three trade agreements on…