The line will connect with a €2.7 billion ($2.9 billion) track that will link Uganda’s capital of Kampala to Malaba at the border with Kenya.

The railway would cross the Yavuz Sultan Selim suspension bridge, one of the longest and widest of its kind in the world.

Boeing has already initiated a range of cost-cutting plans as it grapples with dwindling reserves and low output.

The transportation and logistics sector tends to see a lot of mergers and acquisitions because it’s highly fragmented, creating an opportunity for rollup plays.

The blacklisted tankers are just a tiny part of the shadow fleet amassed by Russia to move its oil outside the reach of the Western powers.

Carriers from China to the U.S. and Europe were forced to extract the dubious components, leaving jets grounded and racking up millions of dollars in costs.

Houthi attacks in the Red Sea have since late 2023 forced container vessels to sail around southern Africa.

A growing number of countries are pushing to make hydrogen a key part of their emissions-cutting strategies, particularly for energy-intensive industries.

If the strike continues toward the end of the year, a credit rating downgrade is more likely, according to S&P. 

The diversions come as European futures jumped on concerns about increased risk to supplies in the Middle East, just as the heating season gets under way.