Russia’s ESPO sea-borne oil exports hit record-high in May, Kommersant reports
Russia’s ESPO oil blend exports from the Pacific port of Kozmino have increased by 5% so far in May from…
Israeli-Turkish trade on life support as relations hit bottom
Israeli-Turkish trade has weathered many bilateral diplomatic storms over the decades and stayed on course, reaching billions of dollars a…
France looks to elusive EU capital market to fix start-up funding
France is banking on a new push to integrate the European Union’s fragmented capital markets to give them the scale…
German business sentiment stagnates in May
German business morale stagnated in May, a survey showed on Monday, falling short of a forecast improvement and suggesting the…
China’s property stimulus raises risks for banks in smaller cities, S&P Global says
China’s latest steps to revive its struggling property market could pose risks to banks operating in lower-tier cities, S&P Global…
Ifo index gives cold shower to optimists
The Ifo index, Germany’s most prominent leading indicator, just illustrated that the cyclical bottoming out will not automatically be followed…
Energy efficiency, new fuels only route to 2030 targets: engine maker MAN
The IMO will introduce shipping’s new fuel standard in 2027 aimed at accelerating the industry’s decarbonization, but carriers need to…
ECB policy must stay restrictive into 2025, chief economist says
The European Central Bank is ready to cut interest rates next month but policy must continue to be restrictive this…
Methanol bunkering at scale a step closer after Singapore refueling
The ability to refuel a ship while loading cargo in port is key to the successful deployment of alternative fuels…
China pips US to be India’s largest trade partner in FY24
While China emerged as India’s largest goods trading partner, outdoing the US by a modest $ 116 million in the…