MOGADISHU V/ AP Pirates have hijacked an oil tanker off the coast of Somalia, local officials and an expert said on Tuesday, the first such seizure of a large commercial vessel on the crucial global trade route since 2012. The reported seizure on Monday of the Aris 13 came as a surprise to the global shipping industry as patrols …

  Bloomberg A US border post in Abu Dhabi has handed local carrier Etihad Airways an advantage over its Gulf rivals following President Donald Trump’s moves to curb immigration from a clutch of mainly Muslim countries. The so-called pre-clearance facility means that travellers from the affected nations who think they qualify for entry can have their paperwork processed before leaving …

  Bloomberg US airlines that rushed into Cuba last year knew the going would be tough. But it’s turned out to be such an unexpected financial slog that two carriers are now quitting the island. On Monday, Frontier Airlines Holdings Inc. and Silver Airways Corp. announced plans to drop service entirely. Citing a 300 percent surge in airline capacity, Silver …