Clyde Russell (Reuters) LAUNCESTON, Australia Coal prices around the world are gently sliding as demand from top importers such as China, India and even Europe remains subdued amid a so far mild northern winter. However, there is one exception. South African coal export prices at Richards Bay have surged in recent months,...
DUBAI, June 1 (Reuters) - Emirates' outgoing President Tim Clark on Monday said it could take the state carrier up to four years to resume flying to its entire network that has been decimated by the coronavirus pandemic. The Dubai-based airline, which flew to 157 destinations in 83 countries before...
Olga Cotaga (REUTERS) LONDON Sterling kept within its recent trading range on Thursday but this week could prove its second best so far this month as expectations that the Conservative Party may win a majority in the Dec. 12 national election fuel investors' optimism. British Prime Minister Boris Johnson's Conservatives have a...
LONDON/LOS ANGELES U.S. retailers face an estimated $700 million sales hit from the coronavirus and some shipping lines are sending vessels to retrieve empty cargo containers from Los Angeles to prevent further supply disruptions. The extended shutdown of factories in China caused by the virus, travel restrictions on workers and canceled...
BRUSSELS European Union lawmakers approved an increase in U.S. beef imports to the EU on Thursday, a move likely to ease transatlantic tensions. But they also criticized tariffs imposed by U.S. President Donald Trump on metal imports and a threat he has made to target EU cars and car parts. The European...
Marc Jones (REUTERS) LONDON World shares and benchmark government bond yields inched higher on Tuesday, as investors awaited a speech by U.S. President Donald Trump on U.S. trade policy and an inevitable maelstrom of headlines. Hopes for the speech were two-fold. Firstly, that there would be reassurances that China talks were progressing,...
Vladimir Soldatkin (Reuters) SOCHI, Russia Russian President Vladimir Putin and his Chinese counterpart Xi Jinping last week oversaw the launch of a landmark pipeline that will transport natural gas from Siberia to northeast China, an economic and political boost to ties between Moscow and Beijing. The start of gas flows via the...

The toll on travel

The most difficult times imaginable As the novel coronavirus continues to spread, commercial flights have all but stopped. The situation is so dire that the head of the trade group representing the world’s airlines called the last few months “its deepest crisis ever.” A Reuters analysis of data from FlightAware, which...
BEIJING, April 21 (Reuters) - The World Health Organization warned on Tuesday that any lifting of lockdowns to contain the spread of the novel coronavirus must be gradual, and if restrictions were to be relaxed too soon, there would be a resurgence of infections. Lockdown measures have proved effective, and...
WASHINGTON Trump administration officials predicted big gains for the economy from a newly announced trade deal with China, but the economic losses sustained during a bruising 19-month trade war will not be easy to make up. In a televised interview December 15, President Donald Trump’s top trade negotiator praised the progress...