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With Tablì, Lavazza is betting that sustainability is still a top consideration for many coffee drinkers.

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"The big unknown is how long travelers and shippers can tolerate the higher costs," IATA's Willie Walsh said.

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The fragile ceasefire between the U.S. and Iran has been in place since early April.

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Delta's president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.

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The president said he would like to see the weaponization fund proceed despite setbacks.

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