Keywords: Industry
Delta Air Lines has reportedly scaled back key environmental commitments, marking a significant shift in its approach to long-term sustainability targets in the aviation sector. The airline has removed its previous goal of using sustainable aviation fuel (SAF) for 10% of its total jet fuel consumption......
German defense company Rheinmetall and Dutch-based aerospace and defense firm Destinus have announced the creation of a new joint venture aimed at developing advanced missile systems for the European market. The new company, to be named Destinus Strike Systems, is expected to be formally established......
French carrier Air France has once again increased ticket prices in response to rising fuel costs, adding further pressure on travelers as global energy prices remain volatile. The airline, part of the Air France-KLM group, has introduced an additional surcharge on long-haul economy and premium economy......
Australia and the United States have announced a combined investment of more than A$5 billion (approximately US$3.5 billion) to support the development of critical mineral projects, significantly increasing earlier funding commitments aimed at strengthening global supply chains. According to the Australian......
Chinese automaker Chery is exploring plans to expand its vehicle production footprint in Europe by partnering with existing manufacturers and using available factory capacity, according to senior company executives. The strategy reflects a broader trend among Chinese carmakers seeking to strengthen......
British Finance Minister Rachel Reeves is expected to present new measures later this week aimed at helping businesses cope with persistently high energy costs, as the government responds to ongoing global energy market pressures linked to international tensions. In comments published in the Sunday......
French energy company TotalEnergies has confirmed the temporary shutdown of the Satorp refinery in Saudi Arabia following recent attacks that damaged part of the facility. The decision was taken as a precautionary safety measure after incidents occurred during the night of April 7 to 8. According to......
South Korean automaker Hyundai Motor Company has announced a large-scale recall affecting more than 294,000 vehicles in the United States due to a potential safety defect involving seat belt anchors. According to the National Highway Traffic Safety Administration (NHTSA), the issue may cause the seat......
Mercedes-Benz (Mercedes-Benz Group AG) announced a decline in first-quarter 2026 sales as the company navigates a transitional period in the Chinese market. Quarterly sales fell 6% year-on-year to 419,400 vehicles, reflecting challenges in the world’s largest automotive market. While Mercedes......
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