Families heading off on their summer holidays are being warned their travel plans could get snarled up by train strikes, heavy traffic, and downpours. With schools breaking up in England and Wales for the summer on Friday, Saturday is expected to be the busiest day for Brits jetting off abroad this year, according to the travel…
Passengers, Advocates Cry Foul on Air Canada Compensation
Passengers and advocates say Air Canada is giving them the runaround on refunds, compensation and reasons cited for flight delays and cancellations—including a case of harsh weather highlighted nearly two weeks in advance. Despite thousands of scrapped flights and late arrivals, customers are struggling to file successful complaints and navigate the nuances of complex regulations…
Canadian Airlines, Airports Top Global List of Delays Over the Weekend
Canadian airlines and airports claimed top spots in flight delays over the July long weekend, notching more than nearly any other around the world. Air Canada ranked No. 1 in delays on Saturday and Sunday as two-thirds of its flights—717 trips in total—landed late, according to tracking service FlightAware. At 67 percent on Sunday, it…
Anger, Frustration and Rumours Outside Montreal Passport Office as Delays Continue
For another day, hundreds of people are waiting outside a downtown Montreal passport office hoping to get a new travel document. Large crowds have gathered outside the office every day this week, as people—many of whom have departure dates within 48 hours—try to renew their passports or obtain a Canadian passport for the first time….
Moderna Delays COVID Vaccine Deliveries to EU by Several Months
June 3, 2022
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Moderna Inc. said on Thursday it has agreed to push back some COVID-19 vaccine deliveries to the European Union by several months to later in 2022 or early next year. Shares of Moderna fell nearly 2 percent before the bell over the delay, even though the company stuck to its vaccine sales forecast of $21…
Tesla Delays Deliveries of Long-Range Models in US
Tesla Inc is delaying U.S. deliveries of certain long-range models by up to a month, its website showed on Wednesday, as the electric-car maker tries to steer itself through supply-chain issues and disruptions in China operations. New orders for Model Y will be delivered between December and March, Model 3 between September and December, and…
British Travellers Hit by Flight Cancellations and Eurotunnel Delays
British travellers embarking on overseas trips on Monday faced chaos as flights were cancelled and cross-Channel rail services were hit by major delays. Airlines are suffering from staff shortages related to coronavirus sickness, leading to flights being grounded. Eurotunnel warned its vehicle-carrying Le Shuttle rail services from Folkestone, Kent to Calais, France were delayed by…
SEC Delays Decision on NYDIG Bitcoin ETF
January 5, 2022
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NEW YORK—The Securities and Exchange Commission on Tuesday said it delayed its decision on a bitcoin exchange-traded fund (ETF) proposal from NYDIG, which would be based on the price of bitcoin held in a trust. The SEC said it will make a decision about whether to allow the bitcoin ETF from NYDIG, a subsidiary of…
H&M’s Sept Sales Hit by Supply Delays After Profit Tops Pre-Pandemic Level
STOCKHOLM—Supply disruptions hampered H&M’s sales in September, the Swedish retailer said on Thursday, after its June-August profit surpassed expectations and pre-pandemic levels. Disruptions to the global economy during the pandemic have upset global supply chains, leading to shortages of goods as well as containers, storage and drivers for the transportation of goods, and causing a…
Nike Warns on Holiday Delays, Cuts Full-Year Sales Estimate
September 24, 2021
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Nike Inc. on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming a supply chain crunch that has left it with soaring freight costs and products stuck in transit. Months-long factory closures in Vietnam, where about half of all Nike footwear is manufactured, have piled more…
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