Heavy focus on June rate cut would be ‘ill advised’, BoE’s Pill says
Betting too heavily on a Bank of England rate cut at its Junerate meeting would be a bad idea, BoEChief…
UK economy surges back into growth in the first quarter
First quarter growth was massive The UK economy powered out of its technical recession in the first quarter, judging by…
Strained U.S. China Relations: The Ripple Effect
A recent report from Citi Research’s Johanna Chua looks at how tensions between the U.S. and China could result in…
Stena Invests in Reconstruction of 20-Year-Old RoRos to Improve CII Ratings
Stena Line, one of Europe’s largest ferry companies, announced plans for an ambitious reconstruction of two of its cargo RoRos…
UK Supreme Court Decides Case Over $43M of Silver from WWII Shipwreck
South Africa has won a long-running legal battle against a United Kingdom company over a silver treasure valued at $43…
Head of ICS Shipping Lobby Guy Platten to Step Down in 2025
The International Chamber of Shipping, the trade association that represents 80 percent of the world’s merchant fleet, confirmed that its…
Flipkart & Bajaj Auto Team Up to Drive Sustainability with Green Machines
Bajaj Auto Ltd., the world’s most valuable two-wheeler and three-wheeler company, and Flipkart, one of India’s leading e-commerce marketplaces, today…
US banks face climate risk data challenges, Fed analysis shows
U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the…
Why U.S. Offshore Wind Power is Struggling
America’s first large-scale offshore wind farms began sending power to the Northeast in early 2024, but a wave of wind…
Japan economy expected to shrink in Q1 due to weak consumption
Japan’s economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to…