US companies head into earnings facing high expectations
U.S. companies releasing quarterly results in the coming weeks face investors who expect no less than stellar growth, with estimates…
JPMorgan beats profit estimates on investment banking boost
JPMorgan Chase JPM.N beat estimates for second-quarter profit on Friday, as its investment banking business benefited from a resurgence in…
German wholesale prices fall 0.6% in June
German wholesale prices fell by 0.6% in June compared with the same month last year, according to data released by…
Russia’s June seaborne oil product exports down 4.2% m/m, calculations show
Russia’s seaborne oil product exports in June fell to 8.894 million metric tons, down 4.2% month on month, due to…
Ukraine’s 2024/25 grain exports reach 1.5 mln tons, ministry says
Ukraine’s grain exports in the 2024/25 marketing season had risen to 1.5 million metric tons by July 12 from 894,000…
China June crude oil imports fall 11% on year, H1 imports down 2.3%
China’s crude oil imports in June dropped 11%from a high basea year earlier and first-half imports fell 2.3% in a…
FMC wants Maersk, Hapag-Lloyd to provide more details on Gemini alliance
The US maritime regulator said the initial information the two carriers filed with the agency about the operational partnership “lacks…
ILA says strike ‘more likely’ as contract deadline looms with no progress
The president of the International Longshoremen’s Association said maritime employers “are running out of time” to sign a new contract…
Trade charts a bumpy course
Delayed shipping capacity more than doubled over the six months to May, nearing the level of the pandemic-induced shipping supply…
EU Taxonomy for shipping: A transition to sustainability
Introduction On 21 November 2023 and following extensive consultation periods, the amendment to the Climate Delegated Act (Delegated Regulation (EU)…