Denmark Extends Detention of Activist Paul Watson till October
A court in Greenland ruled today, September 4, to extend the detention of Paul Watson, the activist best known for…
German Bailout of Meyer Werft is Coming Together
The key pieces for the German government to bail out the financially troubled cruise ship builder Meyer Werft are coming…
MSC Wins Approval from Hamburg Parliament for HHLA Acquisition
After a contentious fight, union opposition, and delays, the proposed deal for MSC Mediterranean Shipping Company to acquire half of…
Netherlands to Offer Smaller Wind Farms to Reduce Developer’s Risks
The Dutch government for its next offshore wind auction is presenting a novel approach to helping reduce the financial risk…
Supply Chain Problems Threaten Another New Jersey Offshore Wind Farm Plan
Supply chain problems have repeatedly been cited by wind farm developers as one of the problems they face and now…
BofA cuts China growth outlook, says Beijing won’t boost easing to revive economy
China’s economic growth is unlikely to show any sign of revival anytime soon, BofA suggests as it downgraded its growth…
ECB at risk of becoming too restrictive, Cipollone says
The European Central Bank can continue to cut interest rates given the slowdown in inflation, and there is a risk…
Euro zone August business activity gains Olympic lift, PMI shows
Euro zone business activity received a boost from France hosting the Olympic Games last month but the malaise in the…
Fed’s Bostic warns against keeping restrictive policy stance for too long
The U.S. central bank must not keep interest rates too high much longer or it risks causing too much harm…
US job openings fall to 3-1/2-year low in July
U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but probably not…