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Business
UPS Profit Rises as Pullback From Amazon Begins to Pay Off
UPS is beginning to see significant financial benefits from scaling back its business with Amazon, its largest customer. Although parcel volumes declined during the second quarter, the company increased revenue and operating profit through...
International trade
Oil Becomes a Weapon Again as Middle East Escalation Revives Fears of an Energy Crisis
The global oil market is once again being held hostage by geopolitics. Within a matter of hours, a new series of military developments in the Middle East erased hopes for near-term de-escalation and forced...
Warehouses and infrastructure
CMA CGM Bets on Ports as $2.4 Billion Stonepeak Investment Opens a New Chapter in Global Logistics
The global container shipping industry is entering a new phase in the struggle for control over supply chains. While much of the market’s attention remains focused on new vessels and trade routes, the world’s...
Transport and shipping
American Airlines Resumes Flights After Nationwide IT Outage Disrupts Operations
WASHINGTON — American Airlines was forced to temporarily halt departures across the United States on Tuesday evening after an information technology failure disrupted its flight operations. Although the problem was resolved in less than...
Digital technologies
S&P Global Expands Its AI Infrastructure Intelligence With datacenterHawk Acquisition
NEW YORK — As companies worldwide invest billions of dollars in artificial intelligence, attention is increasingly shifting toward the less visible but essential infrastructure needed to support that growth.
S&P Global has announced an agreement...
Global Affairs
Pavel Durov Under New Pressure: Russia May Seek Life Imprisonment
When a government begins discussing the possibility of life imprisonment for one of the world's most recognizable technology entrepreneurs, the story is no longer about a single individual.
It becomes a story about power, technology,...
Transport and shipping
Kuehne+Nagel Expands Global Cool Corridor Network to Strengthen Temperature-Controlled Healthcare Logistics
The new corridors will connect Frankfurt and Atlanta, Chicago and Tokyo Narita, Brussels and São Paulo, and Chicago and São Paulo. With the expansion, Kuehne+Nagel's Cool Corridor network now includes 12 dedicated air freight...
Business
Georgia Nearly Doubles Vodka Exports to Russia to Record 50.3 Tonnes
Exports Reach a First-Half Record
Georgia exported 50.3 tonnes of vodka to Russia between January and June 2026, setting a new record for the first half of a year.
The shipments were valued at $695,300. Export...