Bloomberg South African Airways (SAA) completed a flight using jet fuel made from a tobacco plant, its first contribution to the global push to power more air journeys from renewable resources. SAA used 6,300 liters of bio jet fuel for the one-way trip to Cape Town from Johannesburg, the state-owned carrier said. The initiative was carried out in conjunction …

  New York / AP Losing near-monopoly control over Newark Liberty International Airport is going to cost United Airlines $412 million, or $264 million after taxes. The Federal Aviation Administration (FAA) announced that it would lift all the restrictions at Newark, essentially opening it to as many flights and airlines that could secure gate space at the airport. The new flight …

  Washington / AP US consumer prices rose modestly in June as the costs of gasoline and rent kept climbing, while sales at American retailers registered a healthy gain. The Labour Department said that consumer prices increased 0.2 percent last month, matching the gain in May. Prices are up 1 percent from a year ago, well below the Federal Reserve’s 2 …