Alpha Bank’s quarterly profit jumps 37% on strong interest income
Greece’s Alpha Bank ACBr.AT, the country’s fourth-largest lender by market value, reported on Thursday a 37% rise in first-quarter net…
ECB not in a hurry to cut rates, should take measured steps after June, Kazaks says
The European Central Bank is likely to cut interest rates in June but the bank is not in a hurry…
US import prices increase by the most in two years in April
U.S. import prices rose by the most in two years in April amid rising costs for energy products and other…
German and French economies show first quarter signs of revival
Despite Germany’s relatively good performance last quarter, the International Monetary Fund believes that structural issues such as aging and lack…
Fed’s Williams welcomes inflation data, not ready to seek rate cuts
Federal Reserve Bank of New York President John Williams welcomed the arrival of softer consumer inflation data, he told Reuters,…
Strong Southern Hemisphere harvests drive reefer shipping growth
After a tumultuous year in 2023, the reefer sector has started 2024 on a stronger footing as healthy crops in…
Logistics Trade Bodies Unite in Calls for Industry Action on New EU Import Declarations
Global and European trade associations representing shippers, forwarders and vessel operators have issued an urgent alert to all businesses involved…
Oregon governor proposes $40 million to keep Portland container service alive
The apparent lifeline comes after port officials announced in April that container service at Portland would end in October due…
South Korea’s KOMIPO seeks LNG for July delivery
South Korea’s Korea Midland Power Co (KOMIPO) is seeking 3-3.6 trillion British thermal units (TBtu) of liquefied natural gas (LNG),…
Some Urals flows to Asia diverted via Africa, India remains top destination
At least three tankers with Russian Urals oil on board chose a longer route to Asia around the Africa’s Cape…