Boeing’s 747, the original jumbo jet, prepares for final send-off

Final 747 freighter to be delivered to Atlas Air Ends more than five decades of commercial output Nearly bankrupt Boeing, before becoming a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan 29 (Reuters) – Boeing’s (BA.N) 747, the original and arguably most aesthetic “Jumbo Jet”, revolutionized air travel only to … Read more

Spanish police seize cocaine worth $114 million from cattle ship

MADRID, Jan 28 (Reuters) – Spanish police seized 4.5 tonnes of cocaine with an estimated street value of 105 million euros ($114 million) after raiding a cattle ship off the Canary Islands earlier this week, a statement said on Saturday. The ship had stopped at ports in about a dozen countries before Tuesday’s raid, and … Read more

Cargo ship sinks off Japan, leaving two dead, nine missing

TOKYO, Jan 25 (Reuters) – Two people died and nine were missing after a cargo ship sank off southwestern Japan early on Wednesday amid fierce winter winds, the coast guard said, as it continued to search for survivors. Six people who were rescued remained unconscious, while five had revived as of 8:30 pm local time … Read more

US NTSB chair raises safety concerns about heavy electric vehicles

WASHINGTON, Jan 11 (Reuters) – US National Transportation Safety Board Chair Jennifer Homendy on Wednesday raised concerns about the increased risk of severe injury and death from heavier electric vehicles on US roads. She cited a General Motors (GM.N) GMC Hummer EV that weighs over 9,000 pounds, up from about 6,000 pounds for the gasoline … Read more

Traffic in Suez Canal normal after ship breakdown dealt with- SCA

CAIRO, Jan 9 (Reuters) – Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the waterway, the Canal Authority said. The breakdown was expected to cause only minor delays, with convoys of ships resuming regular transit by 11:00 local time … Read more

Putin sends new hypersonic cruise missiles to Atlantic

MOSCOW, Jan 4 (Reuters) – Russian President Vladimir Putin on Wednesday sent off a frigate towards the Atlantic and Indian oceans armed with new hypersonic Zircon cruise missiles which he said were unique in the world. In a video conference with Defense Minister Sergei Shoigu and Igor Krokhmal, commander of the frigate named “Admiral of … Read more

Brazil’s haunting graveyard of ships risks environmental disaster, warns activist group

GUANABARA BAY, Dec 29 (Reuters) – On a stormy evening in mid-November, a huge, abandoned cargo ship broke free of its moorings and slowly floated into the massive concrete bridge that carries cars across Brazil’s Guanabara Bay to Rio de Janeiro. Brazil’s navy said the 200-meter-long (660-ft.) Sao Luiz, a rust-spattered bulk carrier built in … Read more

Serbs dismantle barricades as Kosovo standoff eases

RUDARE, Kosovo, Dec 29 (Reuters) – Serbs started dismantling barricades in northern Kosovo on Thursday, hours after Kosovo reopened its main border crossing with Serbia, easing a surge in tensions that has alarmed world powers. Serbia also ended a three-day-old state of alert for its troops, Tanjug news agency reported, as the sides showed signs … Read more

Wall Street ends up with help from Nike, FedEx and consumer sentiment

Consumer confidence rebounds in December Data shows November home sales decline Nike jumps on strong second-quarter results FedEx soars on cost-cutting plans Indexes up: Dow 1.60%, S&P 1.49%, Nasdaq 1.54% Dec 21 (Reuters) – Wall Street’s three main stock indexes closed higher on Wednesday for their biggest daily gains so far in December with help … Read more

Wall St closes slightly higher after four-day sell off

BOJ policy shift knocks global sentiment Tesla falls 8% after brokerages cut PT Energy stocks lead gains on crude support Indexes up: Dow 0.28%, S&P 0.10%, Nasdaq 0.01% Dec 20 (Reuters) – Wall Street closed slightly higher on Tuesday after four sessions of declines, but investors fretted about weak holiday shopping and rising bond yields … Read more