Recent Posts

Southwest quietly takes delivery of its first Boeing 737 Max

Bloomberg Southwest Airlines Co. quietly took delivery of its first Boeing Co. 737 Max jetliner, canceling an employee celebration in Dallas to mark the milestone because of the devastation in nearby Houston caused by Hurricane Harvey. The jet’s Tuesday arrival at Southwest marks the first at a North American carrier for the Max, which has shattered sales records at Boeing. ...

Read More »

Gasoline hits two-year high as Harvey shuts biggest US refinery

Bloomberg Gasoline rose to a two-year high as Tropical Storm Harvey hit the US Gulf coast again after already knocking out a fifth of the nation’s refining capacity. Motiva Enterprises LLC’s Port Arthur refinery, the country’s biggest, was said to be shutting because of severe flooding. The disruption helped send motor fuel as much as 3.3 percent higher in New ...

Read More »

Gazprom damps hope for increase in dividend

Bloomberg Gazprom PJSC’s profit slumped in the last quarter, cooling the prospect of an increased dividend from the world’s largest natural gas producer. Net income plunged 80 percent as record gas exports to Europe were offset by foreign-currency losses, the Moscow-based company said in a statement late on Tuesday. Gazprom aims to keep its dividend payments in rubles no lower ...

Read More »
Send this to a friend