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  • WASHINGTON— The Commerce Department reports on July U.S. home construction Tuesday at 8:30 a.m. Eastern. SLIGHT GAINS: Economists expect that housing starts last month rose 1.3 percent to a seasonally adjusted annual rate of 1.19 million, according to a survey by data firm FactSet. Aided by steady job gains and low mortgage rates, sales of new and existing homes...

  • U.S. airlines group expects busy Labor Day travel Tuesday, 18 Aug 2015 | 12:01 AM ET

    Aug 18- Labor Day air travel in the United States will be even busier this year than last. U.S. airlines are expected to carry 14.2 million passengers worldwide from Wednesday, Sept. 2, through Tuesday, Sept. 8, up 3 percent from a year earlier, Washington- based trade group Airlines for America said on Tuesday. "Six years post-recession, airlines are finally realizing...

  • FAA seeks to fine Southwest over maintenance issue Monday, 17 Aug 2015 | 5:49 PM ET

    WASHINGTON— Federal safety officials are seeking a $325,000 fine against Southwest Airlines and say that the carrier used a plane too long before making a permanent repair to a crease in the fuselage. The FAA said Southwest improperly recorded a temporary fix as a permanent repair and flew the plane 24,831 times. Southwest Airlines Co. spokesman Brad Hawkins...

  • Aug 17- The opening of the $3.5 billion Baha Mar mega-resort in the Bahamas is expected to be delayed beyond the start of the Christmas season, with the developer deep in an escalating legal battle with the Chinese companies that are providing most of the finance and construction work. Even if construction on the unfinished resort resumed this month, there is...

  • U.S. home builder sentiment rises in August -NAHB Monday, 17 Aug 2015 | 10:00 AM ET

    NEW YORK, Aug 17- U.S. homebuilder sentiment rose in August to its highest level since a matching reading almost a decade ago, the National Association of Home Builders said on Monday. The latest level was the highest since a matching reading in November 2005. The single-family home sales component rose to 66 from 65 to mark its highest level since November 2005.

  • US homebuilder sentiment improves in August Monday, 17 Aug 2015 | 10:00 AM ET

    The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose this month to 61, the highest level since November 2005. "The fact the builder confidence has been in the low 60 s for three straight months shows that single-family housing is making slow but steady progress," said Tom Woods, a Missouri- based builder and...

  • Indian airline makes huge order for 250 Airbus jets Monday, 17 Aug 2015 | 3:22 AM ET

    IndiGo, India's largest domestic airline, had signed a preliminary order last year and firmed it up Monday, Airbus said in a statement. Several Asian low-cost carriers are building up fleets amid growing demand, and both Airbus and rival Boeing Co. have been wooing Indian airline companies. The company has already taken delivery of around 100 Airbus aircraft...

  • SHANGHAI/ SYDNEY, Aug 13- Two massive explosions at the Chinese port of Tianjin that ripped through parts of the terminal have hit iron ore import operations, as well as disrupting oil tanker arrivals and departures at this gateway to northeast China. Reuters shipping data showed there were more than two dozen tankers in the Tianjin port region, either waiting to...

  • SHANGHAI/ SYDNEY, Aug 13- Two massive explosions at the Chinese port of Tianjin that ripped through parts of the terminal have hit iron ore import operations, as well as disrupting oil tanker arrivals and depatures at this gateway to for northeast China. Reuters shipping data showed there were more than two dozen tankers in the Tianjin port region, either waiting...

  • SINGAPORE, Aug 13- The deadly explosions in the northeast Chinese port city of Tianjin have disrupted chemical and oil tankers going in and coming out of the port, trading and shipping sources said on Thursday. Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in Tianjin, killing at least 44 people and injuring...

  • *U.S., China held first aviation talks in four years in May. BEIJING/ NEW YORK, Aug 13- Talks to ease limits on flights between the United States and China's gateway cities have stalled over U.S. fears its airlines will be given less attractive time slots for take-off and landing than their Chinese rivals, people familiar with the negotiations said.

  • How will the yuan devaluation impact industry? Thursday, 13 Aug 2015 | 1:30 AM ET
    How will the yuan devaluation impact industry?

    Guido Kerkhoff, CFO of Thyssenkrupp, discusses how China's decision to devalue its currency may affect steelmakers and industrialists.

  • DUBAI, Aug 11- Emirates Airline said Tuesday that state-owned Gulf Arab airlines were not to blame for overcapacity on services between the United States and Dubai, rejecting criticism by U.S. carrier Delta Air Lines. Delta said Sunday it had reduced flights between Atlanta and Dubai this winter, blaming overcapacity on U.S. routes to the Middle East by...

  • DUBAI, Aug 11- Emirates Airline said on Tuesday that Gulf airlines were not to blame for overcapacity on services between the United States and Dubai, rejecting comments at the weekend by U.S. carrier Delta Air Lines. Delta said on Sunday that it was reducing flights between Atlanta and Dubai this winter, blaming overcapacity on U.S. routes to the Middle East by...

  • Aug 11- Complaints about airline service grew during the first half of this year as consumers reported more concerns about airfares, according to a report released Tuesday by the U.S. Bureau of Transportation Statistics. The report said the U.S. Transportation Department received 9,542 complaints about U.S. airlines, foreign carriers and others in the travel...

  • Aug 11- Hong Kong stocks surrendered earlier gains and ended lower on Tuesday, weighed down by Chinese airlines and importers, sectors seen likely to be hurt by a weaker Chinese yuan currency. The Hang Seng index fell 0.1 percent, to 24,498.21, while the China Enterprises Index lost 0.2 percent, to 11,264.64 points. China Southern Airlines Co fell 18.1 percent,...

  • *CSI300 -0.5 pct; SSEC -0.4 pct; HSI +1.0 pct. SHANGHAI, Aug 11- China's surprise decision to allow its currency to fall hit the shares of airlines and oil on Tuesday, threatening to boost their fuel costs and dragging stock market indexes lower. "Yuan depreciation is apparently bad for importers and good for exporters," said David Dai, Shanghai- based investment...

  • Aug 10- United Airlines on Monday launched a subsidiary to handle checked bags and perform other services for its regional unit, United Express, a move in line with industry peers aimed at improving operations. United Ground Express will take over customer and cargo service starting this fall at some of the 150 U.S. airports where parent United Continental...

  • TORONTO, Aug 10- Canada's transportation regulator has made smaller carriers exempt for now from long-delayed rules on pilot fatigue, handing a partial victory to the airline industry after intense lobbying, and frustrating a major pilots' union. With a federal election scheduled for October, it is not clear what will happen to the plan, in the works since 2010,...

  • Aug 10- United Airlines on Monday launched a subsidiary to handle checked bags and perform other services for its regional unit, United Express, a move in line with industry peers aimed at improving its operations. United Ground Express will take over customer and cargo service starting this fall at a number of airports where parent United Continental...