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A carbon border tax is a necessary nuisance

The European Union wants to prove to the world just how serious it is about fighting climate change. But can it coerce other countries to act as decisively? On Wednesday, the European Commission was expected to outline a hugely ambitious package of climate legislation with the aim of achieving the bloc’s goal of cutting greenhouse gas emissions by at least ...

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Air France-KLM in talks with Boeing, Airbus for 160 jets

Bloomberg Air France-KLM has begun negotiations with Boeing Co and Airbus SE on what could be the group’s biggest-ever aircraft order as it seeks to expand low-cost operations and renew part of its main Dutch fleet. The 160 single-aisle planes would be destined for the Transavia discount division and European operations at KLM, a spokesman said. The brands currently operate ...

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Adani’s firm takes control of Mumbai airport from GVK

Bloomberg Adani Enterprises Ltd has taken control of Mumbai’s international airport from GVK Group, in a bold bet by billionaire Gautam Adani that travel will stage a rapid recovery after being crushed by the pandemic. The deal for Mumbai International Airport Ltd, India’s second busiest, makes Adani Airport Holdings Ltd the nation’s largest airport infrastructure company, accounting for 25% of ...

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