The Nigerian government intensified stricter passenger screening and other tougher security measures for all commercial flights earlier this month, following threats of renewed attacks linked to the deadly Islamic State of Iraq and Syria (ISIS). Although no imminent threats were immediately identified by federal authorities, the reported influx of ISIS fighters
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UPS to spend $130 million on new natural gas vehicles, fueling stations
Package delivery company UPS on Tuesday said it will invest $130 million to buy 730 compressed natural gas vehicles and build five more domestic CNG fueling stations as the industry moves to shift from petroleum-burning vehicles to those that use less-polluting alternative fuels. United Parcel Service Inc, along with rivals such as
New US. Auto tariffs would raise prices, cost jobs – Experts
If President Donald Trump delivers on threats to slap 25 percent tariffs on imported automobiles and parts, experts say it will cut auto sales and cost jobs in the U.S., Canada and Mexico. Trump has asked the Commerce Department to study the tariffs on national security grounds, hoping to bring back
Egypt increases fuel prices, as part of austerity measures
Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country’s economic reforms and austerity measures designed to overhaul the country’s ailing economy. The new prices went into effect Saturday morning, the Ministry of Oil said in a statement. Prices for cooking gas increased from 60 to
FedEx calls U.S. tariffs on Chinese goods ‘counterproductive’
A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration Global delivery company FedEx Corp said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are “counterproductive to U.S. economic interests,” according to a
Airlines sold N505bn worth of tickets in 2017 – NCAA
Nigeria’s domestic carriers and international airlines operating into the country recorded combined ticket sales of N505.2bn in 2017, the Nigerian Civil Aviation Authority has said. The NCAA noted on Thursday that the figure increased by 14.2 percent or N82.7bn compared to the N422.4bn sales made in 2016. The Director-General, NCAA, Capt. Muhtar
This Is How You Jump-Start Your Car With Just A Rope
Rolls-Royce cuts 4,600 jobs at ‘pivotal moment’ for business
London - Rolls-Royce is to cut 4,600 jobs over two years in the latest attempt by boss Warren East to reduce costs and complexity and make Britain’s best-known engineering company more profitable and dynamic. East, a softly-spoken former tech boss, has overhauled the 134-year-old Rolls since he took charge in 2015 but
Panalpina acquires Argentine logistics network for perishables
Panalpina agreed to acquire the Argentinian perishables specialist Newport Cargo S.A., subject to conditions. On Wednesday, Swiss forwarder Panalpina released news of a new deal to acquire Argentine logistics company Newport Cargo S.A. in a move that will bolster its orientation toward the growing Latin American perishables market. Newport Cargo handles 24,000
A Qantas Airbus A380 took a scary nosedive over the Pacific Ocean after flying through turbulence caused by another A380
FILE PHOTO: Qantas flight QF1, an A380 aircraft, takes off from Sydney International Airport en route to Dubai, above Botany Bay, in Australia August 22, 2017. REUTERS/Jason Reed/File Photo A Qantas Airbus A380 took a 10-second "nosedive" Sunday evening, passengers said, after flying through the wake turbulence generated by another Qantas A380. Qantas Flight 94