Ardmore Shipping reports bigger-than-expected profit as second-quarter numbers show strength
MR product tanker rates expected to rise to $40,500 per day in the second quarter
International Seaways tops earnings bets with another strong quarter
Diversified New York tanker outfit churns out another big dividend while pursuing fleet renewal
Odfjell shares rally as owner revels in shipping disruptions and record quarterly result
Chemical tanker owner’s first quarter earns rave reviews from analysts
Red Sea and Panama squeeze pushes d’Amico International Shipping profit higher
Chief executive Carlos Balestra di Mottola says supply and demand favour long-term fundamentals
US banks report weaker loan demand, Fed survey says
U.S. banks reported renewed weakening in demand for industrial loans and a decline in household demand for credit in the…
The export-driven growth model is back in Germany
March exports increased by 0.9% month-on-month, from -2% MoM in February. At the same time, imports increased by 0.3% MoM,…
Fed’s Barkin: Current rate level will cool demand, doesn’t see “overheating”
The current level for the Federal Reserve’s benchmark interest rate should cool the economy enough to return inflation to the…
US Credit Momentum Will Be Tempered by Rate Uncertainty
Interest rates remain a key risk for U.S. credit following a strong 1Q24 characterized by robust domestic demand, improved market…
Fed’s Kashkari cites high risk inflation is “settling”
The strength of the U.S. housingmarket and potentially stalled progress on inflation means monetarypolicy may not be as tight as…
Russia considers lifting gasoline exports ban
Russia is considering lifting its gasoline exports ban, officials and sources said on Tuesday, as oil refineries return from maintenance…