Fed hawks to persist with hawkish message this week despite Powell’s dovish slant
Federal Reserve speakers this week will be jostling for the limelight, but there is little chance that they will endorse…
German industry still far away from a substantial recovery
After two monthly increases, industrial production has taken a breather. In March, industrial production dropped by 0.4% month-on-month from 1.7%…
Fed’s Cook says households, banks, firms largely in solid financial shape
U.S. households, banks and firms are largely in solid financial shape, with the means at hand to cover debt payments…
Historic Tall Ship Arrives in Marseille to Deliver the Olympic Flame
On Wednesday, amidst tight security and much fanfare, the torch for the 2024 Paris Olympics arrived at the port of…
The platform business model meets advanced manufacturing at MakerVerse
Venture capital firm Ninepointfive invested in manufacturing company MakerVerse to improve supply chains and scale innovation.
US Navy takes delivery of fleet oiler Earl Warren
The US Navy took delivery of a new John Lewis-class fleet replenishment oiler (T-AO) on Tuesday, May 7. The delivery…
Florida’s Flagler County to benefit from US$27 million coastal protection works
The US Army Corps of Engineers’ (USACE) Jacksonville District has awarded a US$27 million contract to Weeks Marine (WMI) of…
Outfitting begins on Olympic Subsea CSOV
Norwegian shipbuilder Ulstein Verft has begun outfitting works on a new commissioning service operation vessel (CSOV) ordered from the company…
Port Taranaki replaces 40-year-old tug
A vessel with greater power and wider capabilities has arrived at Port Taranaki to replace the oldest member of the…
US Navy christens new unmanned surface vessel
The US Navy christened its newest unmanned surface vessel (USV) during a recent ceremony in Mobile, Alabama. Built jointly by…