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June saw retail sales surging in US

  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 ...

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Aviation bill to spruce up US airport security

  Washington / AP Congress passed an aviation bill last week that attempts to close gaps in airport security and shorten screening lines, but leaves thornier issues unresolved. The bill also extends the Federal Aviation Administration’s programmes for 14 months at current funding levels. It was approved in the Senate by a vote of 89 to 4. Responding to attacks by ...

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Asia’s mammoth appetite for aviation fast driving Airbus, Boeing

  Bloomberg Asia’s hunger for travel gave a lift to Airbus Group SE and Boeing Co. during the recently-held Farnborough Air Show. Carriers in China and Vietnam ordered new planes while those in India and Malaysia zeroed in on the manufacturers’ workhorse single-aisle jets. Xiamen Airlines agreed to buy 30 Boeing 737 Max 200s worth $3.39 billion at list prices, ...

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