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...FedEx moved most of the United States Postal Service air cargo nationwide....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...Around $1.2tn of fresh global private capital was raised in 2023, according to Preqin. Sure, this is less than the $1.5tn in 2022 or the $1.7tn of 2021. But still, 1.2 TRILLION DOLLARS!...
...It also provides air traffic control services at many of the UK’s major airports, including London Gatwick....
...Freeland presents the annual state budget to parliament China: quarterly GDP data France: LVMH Q1 sales UK: Monthly unemployment figures US: IMF releases its World Economic Outlook along with Chapter 1...
...US federal regulators have temporarily grounded some Boeing 737 Max planes in American airspace after a section of an Alaska Airlines jet blew out in mid-air....
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
...across airlines, logistics, emergency services, agriculture, tourism and security operations....
...Moderna paid $1,053,767 for security services to Stéphane Bancel, after not disclosing any security payments for him the previous year....
...“The safety of the flying public, not speed, will determine the timeline for returning the Boeing 737-9 Max to service,” the FAA said....
...The lion’s share of that fee — about $1.80 — goes to the bank that issued the credit card that is being used....
...Unless you are Alaska Air. The fifth-largest airline in the US has struck a deal to buy smaller rival Hawaiian Airlines — for $1.9bn, including debt....
...The airline said its technical operations team would fix the problem “to safely return the aircraft to service”....
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...In Europe, the competition authorities have fined the company €1.8bn for suppressing competition from rival music streaming services on its platform....
...Indeed, because aerodynamic drag increases rapidly even before Mach 1 is reached, long-haul airliners cruise well below it — typically at around Mach 0.85, or 85 per cent of the speed of sound....
...Five more top stories 1. The head of Israel’s military intelligence has announced that he will resign....
...This year the highest-scoring company is National Air Traffic Services, the UK air traffic control provider, with 88.8 points, followed by Swedish telco Tele2 — last year’s top scorer — and Spanish fashion...
...Ripple said its stablecoin, which will be launched later this year, would be based in the US, pegged 1:1 to the US dollar and fully backed by dollar deposits, short-term Treasuries, and other cash equivalents...
...Handler said late on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...There are 215 Max 9 aircraft in service globally, according to data from aviation consultancy Cirium....
...Its shares slumped 32 per cent on Thursday, wiping $1.4bn from its market value. The shares rose 5.6 per cent on Friday, but are still 28 per cent below their level before the news came out....
...Shares in Citi fell 1.7 per cent on Friday, but less than those of rival JPMorgan Chase, which ended the day 6.5 per cent lower....
...The moves come after the commission hit Apple with a €1.8bn fine for preventing music streaming apps such as Spotify from informing users about cheaper deals....
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