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NEW YORK: Oil settled down 1% on Tuesday, posting its first monthly loss since March, as demand is expected to drop after Hurricane Ida shuttered U.S. Gulf refineries.
Oil prices fell on Tuesday on fading fears of a prolonged outage of the largest US fuel pipeline system, while India's coronavirus crisis showed scant sign of easing, with a seven-day average of new cases at a record high.
PETALING JAYA: The bad blood between Malaysia Airports Holdings Bhd (MAHB) and AirAsia Group Bhd continues to boil over.
PETALING JAYA: AirAsia’s approach to the Passenger Service Charge (PSC) has impacted the ability of Malaysia Airports Holdings Bhd (MAHB) to attract new airlines into the country and lessen efforts to make Malaysia a strong aviation hub, MAHB says in a statement.
PETALING JAYA: AirAsia Group Bhd has served a notice on Malaysia Airports Holdings Bhd’s (MAHB) unit Malaysia Airports (Sepang) Sdn Bhd (MASSB), claiming almost RM480mil for losses incurred from operating at klia2.
KUALA LUMPUR: AirAsia has served a notice on Malaysia Airports Holdings Bhd's unit (MAHB) Malaysia Airports (Sepang) Sdn Bhd (MASSB), claiming almost RM480mil for losses incurred from operating at klia2.
PETALING JAYA: Years of bad blood between AirAsia Group Bhd and Malaysia Airports Holdings Bhd (MAHB) continue to boil over, with the airline now counter-suing the airport operator for over RM400mil in a case involving operational disruptions at KLIA2.
PETALING JAYA: Budget airline AirAsia Bhd seeks more than RM400mil in counterclaims against Malaysia Airports Holding Bhd (MAHB) in response to a suit filed by the airport operator last month over airport taxes.
NEW YORK: Maserati North America Inc is recalling more than 1,000 of its newest luxury cars to fix leaky fuel pipes that increase the potential for an engine fire.
DETROIT (The Sports Xchange) - A day after his wife's dragster exploded in a ball of fire in an NHRA event, IndyCar driver Graham Rahal dominated the first leg of the Detroit Grand Prix doubleheader Saturday, winning the IndyCar Series' 70-lap race from the pole.