DETROIT (Reuters) - The Big Three Detroit automakers on Friday reported better-than-expected August sales and issued optimistic outlooks for demand as residents of the Houston area replace flood-damaged cars and trucks after Hurricane Harvey, sending their shares higher. General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV reported mixed
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Harvey Blocks ‘Critical’ Point of Entry for Cargo
Goods once destined for Houston have wound up as far away as the Bahamas and Mexico (WSJ) - Houston’s Seaport may take weeks to fully recover from Harvey, a rare long-term disruption at a major U.S. shipping center that will exact a financial toll on thousands of retailers and manufacturers. Port Houston
Used car dealers set to benefit from Hurricane Harvey damage in Houston USA
Roughly half a million vehicles are possibly damaged beyond repair by Hurricane Harvey, according to Cox Automotive. Hurricane Harvey flood waters have caused massive devastation to Houston, America's fourth largest city and the surrounding area since it made landfall last week. Harvey is the cause of what experts say will likely amount to
Why Ethiopia Airlines is Successful
...upgrades its flights to Brazil to Non-stop Direct (Thisday) - Ethiopia Airlines possess unique, rare and difficult to imitate attributes that distinguish it from its peers in Africa. The airline is seen as the most successful airline in the continent. The Group CEO of the airline, Mr. Tewolde GebreMariam, announced this week:
Nigeria Airports Fail United States FAA Audit
It has been confirmed that Nigeria’s major airports which operate international services were unable to meet security and safety standards during the recent audit carried out by the US Federal Aviation Administration (FAA) for the renewal of Nigeria’s Category 1 safety status. THISDAY reliably gathered that the FAA team gave Nigeria
Air Travelers Nationwide Are Feeling The Effects Of Harvey
Houston's Two Airports Under Water When your United flight from Nashville to Chicago gets canceled later today or tomorrow, or when your Southwest flight from Phoenix to Baltimore in the morning doesn’t fly, you too will be a victim of the unprecedented flooding in Houston caused by Hurricane Harvey. That’s not to
Ethiopian Airlines bids to acquire Arik Airline
Nigeria carrier, Arik Airline might soon be taken over by Ethopian Airlines if both parites comes to an agreement. The Managing Director of International Services, Ethiopian Airlines, Mr. Esayas WoldeMariam, was quoted by the CNN on Thursday to have said that the airline had submitted a formal offer to take over
Approximately 100 dogs airlifted out of Texas amid Harvey’s catastrophic flooding
New Uber CEO promises change, sees IPO in 18-36 months
SAN FRANCISCO/GEORGETOWN, Del. (Reuters) - Uber Technologies Inc's new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and may go public in 18 to 36 months. Khosrowshahi, who led travel-booking site Expedia Inc for 12 years, made the remarks as he introduced himself to
Toyota Invests In Grab, Which Is Beating Uber In Southeast Asia
Add Toyota Motor (TM) to the list of investors in ride-hailing service Grab, the startup that is looking to knock out Uber in Southeast Asia. Grab (formerly known as GrabTaxi) is a technology company that offers a wide range of ride-hailing and logistics services through its app in Malaysia and neighbouring Southeast Asian nations such as Singapore, Indonesia, Philippines, Vietnam, and Thailand. As of