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CHINA TRAFFIC RESTRICTIONS
China hits travel platform Trip.com with $765M in penalties over monopoly abusesChina has fined a major online travel company nearly 5.2 billion yuan for monopolistic practices. The company restricted market competition...
China fines Trip.com $770 million over online hotel-booking monopolySAMR also ordered Trip.com to refund booking deposits of 122 million yuan that it said the company had withheld from hotel operators. The p...
Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
Gold dips as Mideast hostilities revive inflation concernsGold prices experienced a decline on Thursday after recent drops. Renewed hostilities between the United States and Iran fueled inflation w...
Ali Khamenei's body arrives in Tehran ahead of funeral expected to draw millionsMillions are expected to bid farewell to Iran's Supreme Leader Ali Khamenei, whose body arrived in Tehran for his funeral. The grand ceremo...
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
Hotel chains unfazed despite geopolitical shocks, high fuel costsHotel chains in India are reporting double-digit revenue growth in the April–June quarter despite geopolitical tensions, higher fuel costs ...
Iran deal calls for diluting uranium at minimum, waiving sanctions & opening strait, US officials sayPresident Trump announced a deal with Iran, involving uranium dilution and sanctions waivers, allowing immediate oil sales. Mediated by Pak...
Taiwan says its sovereignty cannot be 'violated', as China ends coast guard patrolTaiwan's coast guard asserts its maritime sovereignty cannot be violated by China. China recently ended a patrol east of Taiwan, inspecting...
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
To the Situation Room, now! With new message, Trump stirs Iran cauldron againTrump's comments assume significance as tensions between the US and Iran have remained elevated over Tehran’s nuclear activities, sanctions...
Iran plans new Hormuz transit mechanism, says only cooperating nations will benefitIran is introducing a new system for the Strait of Hormuz. Commercial ships and nations cooperating with Tehran will receive priority passa...
China sanctions Lockheed Martin, Raytheon for Taiwan salesLockheed Martin Corp. and Raytheon Technologies Corp.'s Raytheon Missiles and Defense are barred from importing goods into China or making ...
India's domestic air traffic reaches 86 per cent of pre-Covid level in 2022: IATAIt also said that globally, full year 2022 traffic was at 68.5 per cent of pre-pandemic (2019) levels while December 2022 total traffic ros...
Travel bookings take a hit due to coronavirus outbreakIndia on Sunday announced temporary suspension of e-visa facility for Chinese travellers and foreigners residing in the neighbouring countr...
China's capital issues first-ever red alert on air pollutionThe notice, issued after days of smog, also places traffic restrictions on certain types of vehicles in the city of 22.5 million people.
China makes bus travel free to encourage public transportIn a bid to encourage people to choose public transportation, China has waived bus fares and offered discounts on metro fares from today.