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China Southern Airlines to receive $4 billion capital injection

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FILE PHOTO: The company logo of China Southern Airlines is displayed at a news conference in Hong Kong, China March 27, 2018. REUTERS/Bobby Yip SHANGHAI (Reuters) – China Southern Airlines (600029.SS) will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36 billion) of capital from three investors, the Read More

American Airlines-Qantas joint venture wins final U.S. approval

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WASHINGTON (Reuters) – The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc (AAL.O) and Qantas Airways Ltd (QAN.AX) final approval to operate a joint venture after a prior effort was rejected in 2016. FILE PHOTO: An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, U.S., March Read More

French forests scarred as heatwaves bring bark beetle infestation

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(Reuters) – Long spells of hot, dry weather have brought the worst bark beetle infestation in two decades to eastern France, ruining conifer forests and causing timber prices to plummet as forestry firms fell trees before they are damaged. An employee of the ONF (French national forests office) looks at the trunk of a tree Read More

U.S. airline group says it had a ‘productive meeting’ with Trump on Qatar

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WASHINGTON (Reuters) – A U.S. airline industry group said it had a “productive” meeting on Thursday with President Donald Trump, who “shares our concerns” about accusations that subsidies by Qatar and the United Arab Emirates are costing jobs in the United States. “We had a productive meeting with President Trump today to talk about the Read More

Martin Midstream Partners L.P. Amends and Extends Revolving Credit Facility and Announces Quarterly Cash Distribution

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KILGORE, Texas, July 18, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today that the Partnership has successfully amended and extended its revolving credit facility. The amended facility extends the maturity date by approximately 3.4 years to August 2023, decreases the borrowing capacity from $500 million to $400 million and contains Read More

Union Pacific cost cuts sheltered profit amid freight slowdown

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(Reuters) – Union Pacific Corp (UNP.N) on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the Midwest and ongoing U.S.-China trade tensions. FILE PHOTO: Locomotives at Union Pacific’s Engelwood rail yard wait to return to service Read More

Iran says it seized ship for smuggling, stoking tensions

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7/18/2019 TEHRAN – Iran said it seized a foreign ship that was smuggling fuel in the Persian Gulf, an act that threatens to heighten already tense relations in the world’s biggest oil-exporting region. The description of the vessel looks similar to that of a tanker that disappeared from global satellite tracking systems four days ago. Read More

Infrastructure and Energy Alternatives, Inc. to Report Second Quarter 2019 Financial Results  

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INDIANAPOLIS, July 18, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that it will issue its financial results for the second quarter ended June 30, 2019 before the market opens on Thursday, August 8, Read More

Global stocks slip as U.S.-China trade war drags on corporate earnings

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LONDON (Reuters) – Global shares slipped on Thursday on growing signs that a trade dispute between the United States and China was taking a toll on corporate earnings, with nerves spreading from Wall Street through Asia to European markets. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, Read More

Global stocks slide as U.S.-China trade war takes toll on earnings

3 days ago DieselGasoil Comments Off on Global stocks slide as U.S.-China trade war takes toll on earnings
LONDON (Reuters) – Global shares slipped on Thursday on growing signs that a trade dispute between the United States and China was taking a toll on corporate earnings, with nerves spreading from Wall Street through Asia to European markets. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Read More