A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented
2023-07-31 13:20
Heineken Lowers Earnings Forecast as Beer Consumption Drops
Heineken NV lowered its earnings guidance as consumers bought less beer after the brewer imposed major price increases,
2023-07-31 13:18
Why China’s Miracle Growth Story May Be Coming to an End
China is showing signs of a significant economic slowdown after decades of supercharged growth. A much anticipated post-pandemic
2023-07-31 12:56
Europe’s Most Important Trade Route Is at Risk Due to Climate Change
The Rhine River has been a reliable shipping lane for centuries, helping spawn industrial giants along its banks.
2023-07-31 12:28
China Stops Short of Direct Consumer Support to Spur Economy
China is seeking to boost consumption to spur the economy’s recovery, although the government has stopped short of
2023-07-31 12:24
Citadel Securities Hires Former BlackRock China Head Tang
Citadel Securities LLC hired BlackRock Inc.’s former China head Tony Tang to drive the company’s expansion in the
2023-07-31 12:18
Banking Tycoon Kotak’s Succession Is Under Regulator Review, Sources Say
India’s banking regulator is nudging Kotak Mahindra Bank Ltd. to select someone outside the lender’s ranks to succeed
2023-07-31 12:15
Secret Deals With Russia Help Kim Jong Un Fund Nuclear Program
Reports of new types of sugar in the local markets. Satellite imagery of trains crossing borders. Cargo ships
2023-07-31 11:46
Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion
Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on
2023-07-31 10:56
Hong Kong’s Economic Growth Slowed in Second Quarter, Chan Says
Hong Kong is likely to report the economy grew at a slower pace in the second quarter than
2023-07-31 10:55
BOJ Stance to Put Japan Earnings Outlook Under Scrutiny Next Week
Japanese firms will be in the spotlight this week after the Bank of Japan loosened its grip on
2023-07-31 10:47
Shimao Slumps 58% After Posting Steep Losses in Delayed Results
Shimao Group Holdings Ltd. slumped by the most ever as trading resumed following a 16-month halt and the
2023-07-31 10:28