Norway’s Maritime Hydrogen Fuel Cell Pioneer Teco 230 Faces Bankruptcy
In a still-evolving financial situation, hydrogen fuel cell pioneer Teco 2030 Is facing a financial collapse after a bankruptcy petition…
MSC Gets Final Approval for Investment in Hamburg Terminal Operator HHLA
The final regulatory approval has been granted for MSC Mediterranean Shipping Company to proceed with its investment in Hamburg, Germany-based…
U.S. Awards $580 Million in Port Improvement Grants
The U.S. Maritime Administration (MARAD) announced plans to invest nearly $580 million to fund 31 additional port improvement projects in…
ECB should cut rates further to support recovery, Cipollone says
The European Central Bank should cut interest rates further to support a nascent economic recovery in the euro zone, also…
US industrial production sags in October amid continued drag from Boeing strike, hurricanes
U.S. industrial production fell for a second straight month in October, continuing to be depressed by hurricanes and a strike…
Crisis-era regulation has ‘gone too far’, UK’s Reeves tells finance sector
Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain’s “crown jewel” financial industry, which she said…
China’s economy further stabilised in October, with more stimulus ahead
Housing prices showed some signs of stabilisation The National Bureau of Statistics kicked off the day of data releases in…
EU Commission sees euro zone economy picking up, warns of US protectionism
Euro zone economic growth will pick up in 2025 and 2026 and inflation will slow, the European Commission forecast on…
UK economy contracts in September in blow to Reeves’ growth push
Britain’s economy contracted unexpectedly in September and growth slowed to a crawl over the third quarter, data showed on Friday,…
Why slowing GDP won’t deter Japan’s policy normalisation
The growth slowdown was mainly due to weather related one-off issue The Japanese economy grew by 0.2% QoQ sa in…