Baltic index extends losses on declining rates across all vessel segments
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses to…
Two Teenagers Missing After Swimming Out to Play on Shipwreck
Two teenagers have disappeared after swimming out to examine a dangerous shipwreck on the shores of Ventanilla, a beachside town…
Improperly Secured Lithium-ion Battery Cargo Caused Cargo Ship Fire
Two years after a cargo ship crossing the northern Pacific experienced two cargo hold fires, the National Transportation Safety Board…
ECB keeps rates unchanged, turns more positive on economy
The European Central Bank on Thursday left euro zone interest rates unchanged, as expected, and took a more positive view…
Crunch EU summit to decide on using frozen Russian assets for Ukraine
European Union leaders were trying to overcome differences on whether to use frozen Russian assets to finance Ukraine’s war effort…
ECB raises some growth and inflation projections
The European Central Bank raised some growth and inflation projections on Thursday as it left interest rates unchanged in a…
White House adviser Hassett hails lower-than-expected inflation data
White House economic adviser Kevin Hassett welcomed the consumer price index report on Thursday, saying the U.S. economy was showing…
US weekly jobless claims fall as seasonal volatility persists
The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week’s surge and suggesting…
Bank of England’s Bailey sees inflation near 2% target by May
British inflation looks on course to return to close to its 2% target by April or May next year, about…
China launches $113 billion free-trade experiment on Hainan island
China on Thursday split off a Belgium-sized island with an economy comparable to a mid-ranked country from the mainland for…