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'Deflationary Undercurrent': Stock Market Update For The Week Ahead
Monday, September 7, 2020 - 9:40am | 2091The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness from the technology sector. Remember This: “August benefited from multiple tailwinds, resulting in one of the best Augusts on record. Those tailwinds look stretched and at risk, however,” said Brad...
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US Sanctions Target Russian Jet Fuel Carrier
Friday, September 27, 2019 - 11:40am | 294The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has placed financial sanctions on a Moscow-based enterprise that it alleges used a "sanctions evasion scheme" to deliver jet fuel to the Russian military operating in Syria. OFAC added Maritime Assistance LLC, a front company...
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Carbon Policies May Ruin The World's First Global Carbon Offset Program
Thursday, September 26, 2019 - 1:34pm | 666"Flight shaming" campaigns are the latest attacks on airlines, since emissions over the last year significantly increased from the previous year, which may ruin the first global carbon offsetting program, Carbon Offset and Reduction Scheme for International Aviation (CORSIA). Around the globe,...
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Low Carbon Standards Buoy Sustainable Jet Fuel Market
Tuesday, December 18, 2018 - 5:14pm | 1226Deals with airlines and cargo carriers, along with state low carbon fuel standards, will propel a new sustainable biofuels processing plant to a smooth takeoff, the founders hope. Fort Collins, Colorado-based Red Rock Biofuels broke ground on a processing plant in Lakeview, OR, last summer. The $...
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Deutsche Bank Upgrades American Airlines, Delta And Copa To Buy
Tuesday, September 1, 2015 - 10:07am | 370Michael Linenberg, Deutsche Bank's analyst that covers the U.S. airline sector, commented in a note that shares of American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and Copa Holdings, S.A. (NYSE: CPA) are all trading at "attractive" entry-points relative...
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Germany's Lufthansa Teams Up With Gevo To Test Biomass Jet Fuel
Wednesday, April 23, 2014 - 2:20pm | 481The aviation industry has come roaring back into the black after the dark years following the 9/11 terror attacks and the effects of the Great Recession. But one place where the industry still finds its profits being eaten away is in fuel costs. Last month, according to the Dallas Morning News...