Etihad Launches More Fuel-Efficient Boeing 787 Dreamliner

Etihad Airways announced it is launching one of the world’s most fuel-efficient long-haul airplanes. (AP)
Etihad Airways announced it is launching one of the world’s most fuel-efficient long-haul airplanes. (AP)
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Etihad Launches More Fuel-Efficient Boeing 787 Dreamliner

Etihad Airways announced it is launching one of the world’s most fuel-efficient long-haul airplanes. (AP)
Etihad Airways announced it is launching one of the world’s most fuel-efficient long-haul airplanes. (AP)

Abu Dhabi’s flagship carrier Etihad Airways announced on Monday it is launching one of the world’s most fuel-efficient long-haul airplanes as the company seeks to save costs on fuel and position itself as a more environmentally-conscious choice for travelers.

Etihad’s “Greenliner” is a Boeing 787 Dreamliner that will depart on its first route from Abu Dhabi to Brussels in January 2020. Etihad’s CEO Tony Douglas described the aircraft as a flying laboratory for testing that could benefit the entire industry.

With fuel costs eating up around a quarter of airline spending, Douglas said the goal of the Greenliner is to be 20 percent more fuel efficient than other aircraft in Etihad’s fleet.

“This is not just a box-ticking exercise,” he told reporters at the unveiling of the initiative at the Dubai Airshow alongside executives from Boeing.

Douglas said the aircraft “not only makes sense economically from a profit and loss account point of view, but because it also directly impacts the CO2 because of the fuel burn.”

Etihad has reported losses of $4.75 billion since 2016 as its strategy of aggressively buying stakes in airlines from Europe to Australia exposed the company to major risks.

Despite its financials, the airline continues to be among the most innovative.

This year, Etihad flew the world’s first passenger flight using sustainable biofuel made from a plant that grows in saltwater. It also became the first in the Middle East to operate a flight without any single-use plastics on board to raise awareness of the effects of plastic pollution.

Aviation accounts for a small but rapidly growing share of greenhouse-gas emissions — about 2.5 percent worldwide. But forecasters expect air travel to grow rapidly in the coming years.

Etihad says it plans to make the Greenliner a “social media star” to bring under sharper focus its developments and achievements worldwide. Douglas said anything that Eithad learns with Boeing from this aircraft’s operations will be open domain knowledge “because it’s about moving the industry forward in a responsible fashion.”

“We’re like a millennial and like all good millennials, they’re really focused on the environment and the sustainability agenda,” Douglas said, referring to Etihad’s 16 years in operation.

The Greenliner will be the only aircraft of its kind in Etihad’s fleet of Dreamliners. The company currently has 36 of the 787s in its fleet with plans to operate 50.

“This is a small step today, but in a very, very long journey,” Douglas said.



China's Economy Grows 5% in 2025, Buoyed by Strong Exports Despite Trump's Tariffs

A deliver worker transfers the merchandise outside the Ritan International Trade Center in Beijing, Monday, Jan. 19, 2026. (AP Photo/Andy Wong)
A deliver worker transfers the merchandise outside the Ritan International Trade Center in Beijing, Monday, Jan. 19, 2026. (AP Photo/Andy Wong)
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China's Economy Grows 5% in 2025, Buoyed by Strong Exports Despite Trump's Tariffs

A deliver worker transfers the merchandise outside the Ritan International Trade Center in Beijing, Monday, Jan. 19, 2026. (AP Photo/Andy Wong)
A deliver worker transfers the merchandise outside the Ritan International Trade Center in Beijing, Monday, Jan. 19, 2026. (AP Photo/Andy Wong)

China's economy expanded at a 5% annual pace in 2025, buoyed by strong exports despite US President Donald Trump's tariffs.

However, growth slowed to a 4.5% rate in the last quarter of the year, the government said Monday. That was the slowest quarterly growth since late 2022, when China was beginning to loosen stringent COVID-19 pandemic restrictions. The economy, the world’s second largest, grew at a 4.8% annual pace in the previous quarter.

China’s leaders have been trying to spur faster growth after a slump in the property market and disruptions from the pandemic rippled through the economy.

As expected, annual growth last year was in line with the government’s official target for an expansion of “around 5%.”

In quarterly terms, the economy grew 1.2% in October to December.

Strong exports helped to compensate for weak consumer spending and business investment, contributing to a record trade surplus of $1.2 trillion.

Chinese exports to the US suffered after President Donald Trump returned to office early last year and began raising tariffs. But that decline was offset by shipments to the rest of the world. Soaring imports of Chinese goods are leading some other governments to take action to protect local industries, in some cases raising import duties, The Associated Press reported.

Trump and Chinese leader Xi Jinping agreed to extend a truce in their bruising tariffs war, also helping to alleviate pressure on China’s exports. But China's exports to the US still fell 20% last year.

“The key question is how long this engine of growth can remain the primary driver,” Lynn Song, chief economist for Greater China at Dutch bank ING wrote in a recent note. “Should more economies also start ramping up tariffs on China, as Mexico has done and the EU has threatened to do, eventually, a tighter squeeze will be seen."

China’s leaders have repeatedly highlighted boosting domestic demand as a policy focus, but their effects have so far been limited. A trade-in program for drivers to replace older cars with more energy-efficient models, for example, has been losing steam in recent months.

“Stabilization, not necessarily recovery, of the domestic property market is key to revive public confidence and, hence household consumption and private investment growth,” said Chi Lo, senior market strategist for Asia Pacific at BNP Paribas Asset Management.

China has also provided trade-in subsidies for home appliances such as refrigerators, washing machines and TVs. While major consumer stimulus policies in 2025 -- including such subsidies -- are set to continue in 2026, they may be scaled back, Weiheng Chen, global investment strategist at J.P. Morgan Private Bank, said in a recent note.

Investments in artificial intelligence and other advanced technologies remain a key priority for China’s ruling Communist Party as it moves to boost self-reliance and rival the US.

Meanwhile, many ordinary Chinese and small businesses are struggling with tough times and troubling uncertainty over jobs and incomes.

Liu Fengyun, a 53-year-old noodle restaurant owner in a small county in southwestern China’s Guizhou province, said business has become very difficult these days. Some of her customers told her that “money is hard to earn now” and “making breakfast at home is cheaper.”

“People all say, ‘The overall environment is not good right now — what more can you expect? People don’t have money anymore. Nothing is easy to do now,’” Liu said.

Kang Yi, head of China’s National Bureau of Statistics, on Monday told reporters that China’s economy had sustained "steady progress in 2025 despite multiple pressures” and has “solid foundations" in countering risks.

Some economists and analysts believe China’s actual economic growth in 2025 was slower than official data suggest. The Rhodium Group, a think tank, said last month it expected China’s economy to grow only by 2.5% to 3% last year.

The Chinese economy expanded at a 5% annual rate in 2024, and 5.2% in 2023, according to government data. Ambitious official growth targets have also trended down over the past few years, from 6% to 6.5% in 2019 to “around 5%” in 2025.

A slower annual expansion is expected for 2026. Deutsche Bank forecasts that China’s economy will grow about 4.5% in 2026.

A strong and stable economy is considered crucial for social stability, a primary priority for China's leaders. While China could probably maintain social stability even at lower economic growth rates, Beijing “wants the economy to keep growing”, said Neil Thomas, a fellow at the Asia Society Policy Institute’s Center for China Analysis.

China likely needs to sustain a roughly 4%-5% annual expansion in order to reach its soft target by 2035 of $20,000 gross domestic product (GDP) per capita, he said.


Oil Down as Easing Iran Unrest Dampens Geopolitical Risk Premium

FILE PHOTO: The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019.  REUTERS/Loren Elliott/File Photo
FILE PHOTO: The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019. REUTERS/Loren Elliott/File Photo
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Oil Down as Easing Iran Unrest Dampens Geopolitical Risk Premium

FILE PHOTO: The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019.  REUTERS/Loren Elliott/File Photo
FILE PHOTO: The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019. REUTERS/Loren Elliott/File Photo

Oil prices were down on Monday after rising during the previous session as civil unrest in Iran subsided, lowering the chance of a US attack that could disrupt supply from the major Middle Eastern producer.

Brent crude was trading at $63.85 a barrel at 0734 GMT, down 28 cents or 0.44%.

US West Texas Intermediate for February fell 36 cents, or 0.61%, to $59.08 a barrel. That contract expires on Tuesday and the more active March contract was at $59.10, down 24 cents, or 0.40%.

Iran's violent crackdown on protests spurred by economic hardship, which officials say killed 5,000 people, quelled the unrest, reported Reuters.

US President Donald Trump ‌seemed to ‌step back from his earlier threats of intervention, ‌saying ⁠on social media ‌Iran had called off mass hangings of protesters, although the country had not announced any such plans.

That appeared to lower the odds of a US intervention that could have disrupted oil flows from the fourth-largest producer among the Organization of the Petroleum Exporting Countries.

The downturn signaled a renewed retreat from multi-month highs reached last week, although prices still settled higher on Friday.

"The pullback followed a swift unwind of the 'Iran premium' that ‌had driven prices to 12-week highs, triggered ‍by signs of easing in Iran's crackdown ‍on protesters," IG market analyst Tony Sycamore said in a note.

That was ‍accentuated by US inventory data showing a substantial crude build and reinforcing bearish supply pressures, he added.

US markets are closed on Monday for Martin Luther King Jr. Day.

Crude stocks were up by 3.4 million barrels in the week ended January 9, the EIA said last week, versus analysts' expectations in a Reuters poll for a 1.7 million-barrel draw.

Markets are closely watching ⁠plans for Venezuela's oil fields, after Trump said the United States would run its oil industry after the capture of Nicolas Maduro.

The United States is moving as fast as possible to grant Chevron an expanded production license in the country, the US energy secretary told Reuters on Friday.

But markets were less confident about the prospects for scaled-up Venezuelan production.

"Venezuela and Ukraine remain on the back burner," said Vandana Hari, founder of oil market analysis provider Vanda Insights.

"Expect rangebound movement for the rest of the day, with US markets closed."

China's refinery throughput in 2025 rose 4.1% year on year, while crude oil output grew ‌1.5% from 2024, with both reaching all-time highs, government data showed on Monday.


Gold, Silver Hit Records and Stocks Fall as Trump Fans Trade Fears

(FILES) A jeweler shows gold and silver bars at his shop in downtown Kuwait City on January 12, 2026. (Photo by YASSER AL-ZAYYAT / AFP)
(FILES) A jeweler shows gold and silver bars at his shop in downtown Kuwait City on January 12, 2026. (Photo by YASSER AL-ZAYYAT / AFP)
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Gold, Silver Hit Records and Stocks Fall as Trump Fans Trade Fears

(FILES) A jeweler shows gold and silver bars at his shop in downtown Kuwait City on January 12, 2026. (Photo by YASSER AL-ZAYYAT / AFP)
(FILES) A jeweler shows gold and silver bars at his shop in downtown Kuwait City on January 12, 2026. (Photo by YASSER AL-ZAYYAT / AFP)

Gold and silver prices climbed to fresh peaks on Monday, as investors poured into safe-haven assets after US President Donald Trump threatened to impose extra tariffs on European countries over the control of Greenland.

Spot gold jumped 1.6% to $4,666.11 as of 0551 GMT, after scaling an all-time high of $4,689.39.

US gold futures for February ‌delivery advanced 1.7% ‌to $4,671.90 per ounce.

On Saturday, Trump vowed ‌to ⁠implement a wave ‌of increasing tariffs on European allies until the United States is allowed to buy Greenland, escalating a row over the future of Denmark's vast Arctic island.

European Union ambassadors are preparing retaliatory measures should the duties go ahead, EU diplomats said.

"Geopolitical tensions have given gold bulls yet another reason to push the yellow metal to new highs," StoneX ⁠senior analyst Matt Simpson said.

"With Trump throwing tariffs into the mix, it is clear ‌that his threat to Greenland is real, and ‍that we could be one ‍step closer to the end of NATO and political imbalances ‍within Europe."

US stock futures and dollar slid as Trump's latest tariff threats raised investors' appetite for safe-haven gold, yen and Swiss franc, in a broad risk-averse move across markets.

Spot silver climbed 3.6% to $93.15 per ounce, after hitting a record high of $94.08.

"On silver, the medium-term narrative remains constructive, supported by persistent physical deficits, resilient industrial demand and safe-haven ⁠demand," said Christopher Wong, a strategist at OCBC.

"But the pace of the recent extension may warrant some near-term tactical caution," Wong said, noting that the gold-silver ratio declined sharply from highs near 105 in late 2025 to low-50s, signaling silver's outsized performance versus gold.

J.P. Morgan analysts said that they have a stronger preference for gold relative to silver as any disruptive correction in silver could have some near-term contagion into gold but still presents a buying opportunity in gold which continues to have a cleaner, bullish structural story.

In other precious metals, ‌spot platinum added 0.6% to $2,341.08 per ounce, while palladium rose 0.1% to $1,801.87.