Norway’s Østensjø divests ownership stake in Edda Wind
Norwegian shipowner Østensjø, through its wholly owned subsidiary Østensjø Wind, has agreed to sell 21.3 million shares in offshore support…
US Navy’s fifth America-class amphibious ship to be named after Afghanistan’s Helmand Province
US Secretary of the Navy Carlos Del Toro has confirmed that the US Navy’s fifth America-class amphibious assault ship (LHA)…
US weekly jobless claims unchanged; layoffs decline in April
The number of Americans filing new claims for unemployment benefits held steady at lower levels last week as the labor…
Greek summer wildfire threat nears, outpacing plans to contain it
When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes last July, flames were…
Greece’s National Bank reports higher quarterly profit on strong interest income
National Bank NBGr.AT, Greece’s second-largest lender by market value, reported higher earnings for the first-quarter on Wednesday on the back…
Bank of England readies its rates steer as investors cool on cuts
The Bank of England must decide next week whether to update its message about when it might cut interest rates…
Fed’s Powell says looming US election will not sway rate decisions
The looming U.S. presidential election will not influence the Federal Reserve’s interest rate decisions, Fed Chair Jerome Powell said on…
Russian April manufacturing grows at slowest rate in three months, PMI shows
Activity in Russia’s manufacturing sector grew at the slowest rate in three months in April, a business survey showed on…
German manufacturing downturn eases in April, PMI survey shows
The downturn in Germany’s manufacturing sector eased in April, although a longstanding decline in new orders picked up pace, a…
Euro zone factory activity takes turn for the worse in April, PMI survey shows
The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices,…