Wednesday , 17 December 2025

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European gasoline diverted to Texas to ease supply crunch

Bloomberg Five gasoline tankers that were enroute to the US East Coast diverted to the Port of Houston to help ease a supply crunch after last month’s freeze crippled the region’s refineries. Major refineries along Gulf Coast, the nation’s refining hub, shut gasoline units during the February deep freeze and power failures. Operators have gradually begun resuming production since the …

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Marks & Spencer to expand online reach in overseas foray

Bloomberg Marks & Spencer Group Plc (M&S) will launch websites in 46 new overseas markets to try to revive an international business that’s languished for years in spite of multiple turnaround efforts. The British seller of food, clothing and housewares said the expansion into nations from Nepal to Bolivia and Uzbekistan would extend its online reach to more than 100 …

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UK aviation industry seeks for financial aid

Bloomberg Heathrow airport, unionised workers and ground-handling staff issued a joint plea to UK Prime Minister Boris Johnson for more state funding to help the aviation industry survive Covid-19 travel restrictions that put demand at just 2% of its usual level. A June estimate by the New Economics Foundation said a further 124,000 jobs in the UK were at risk …

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