Notice period applies to new and existing employees, depending on seniority, sources say Trafigura declines to comment Energy traders like Mercuria, Gunvor, and Vitol return to metals trading LONDON, Sept 4 Reuters Commodities trading company Trafigura has extended the notice period for traders leaving the firm to a minimum of six months or up to […]

HONG KONG, Sept 5 Reuters A creditor filed a petition for the bankruptcy of a unit of China Evergrande New Energy Vehicle Group, a subsidiary of China Evergrande Group, in a Shanghai court, the third such petition against the embattled car company. Trading in NEV shares was suspended at 0152 GMT on Thursday, after the […]

Sept 4 Reuters The International Longshoremen39;s Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday to review wage demands and prepare for a potential strike on Oct. 1. Formal talks have reached an impasse as the union and the United States Maritime Alliance […]

All Cathay39;s A350s expected to resume service by Saturday Source says leaking fuel system may have caused engine fire Engine maker RollsRoyce has not ordered fleetwide inspection Some Asian A350 operators inspecting engines, carriers say 15 A350s need fuel line repairs, Cathay says Sept 4 Reuters Cathay Pacific Airways said it would return all Airbus A350s to […]

Volvo Cars drops 2030 as target for fully electric lineup Says plugin hybrids will be critical part of profit growth Demand for EV39;s has slowed Shares fall more than 7 STOCKHOLM, Sept 4 Reuters Swedish automaker Volvo Cars scrapped its target of going all electric by 2030 on Wednesday, saying it now expected to still be […]