So far this year, US carriers have cancelled almost 3% of flights and delayed more than a fifth by an average of 48 minutes, according to data compiled by FlightAware. That compares with just more than 2% of flights cancelled by US carriers during the same stretch of 2019 and about 17% delayed — a reminder that flying wasn’t exactly ...

  Malaysia should be booming as manufacturers exit China. But it isn’t, and its own short-sighted labour policies are to blame. For decades, Malaysia served as an export manufacturing hub, boosted by location and access to low-cost migrant labour. Those migrants haven’t returned as the Covid-19 pandemic eased. According to a recent analysis by Reuters, as of June the country ...

  European natural gas prices are still well below the all-time high set in March. Dig a bit deeper, however, and they are signalling a more protracted disruption than markets anticipated in the immediate aftermath of Vladimir Putin’s invasion of Ukraine. While the gas market then priced in a short-lived crisis, lasting perhaps a couple of months, it’s now flashing ...