The container congestion crisis engulfing the UK has spread beyond the country’s ports and distribution centres into towns and villages.
To say residents in the sleepy Suffolk village of Melton, located about 10 miles inland from Felixstowe, were surprised to …

THE MARKET HERALD reports:
The share market’s post-election bull run continued into a third week before the market operator suspended trading due to a technical hitch.
The S&P/ASX 200 climbed 79 points or 1.2 per cent to its highest level …

SEEKING ALPHA reports:
– Masayoshi Son’s SoftBank Group reported Sept. end total portfolio value of $12.92B, sharply down from $17.52B at the end of the June quarter.
– SoftBank had reduced its holding to just 4 companies (…) at the …

CNBC reports:
– Emirates is working with major pharmaceutical companies, including Pfizer, to transport vaccines to the world when needed.
– The Pfizer vaccine candidate must be kept at around -100 degrees Fahrenheit (-70 Celsius) in order to maintain optimal …

ZERO HEDGE writes:
Last quarter, amid the bank panic resulting from surging loan loss provisions, we observed that the heart of the debt-addicted US economy was hit especially hard by the double whammy of collapsing consumer loan supply, with the …

Pacific International Lines held an informal meeting with its creditors during which it said that:

– 2018 – 2020 have been challenging years for the container shipping industry, with the downturn further exacerbated by the prolonged impact of the COVID-19 …

REUTERS reports:
The Securities and Exchange Commission charged former Wells Fargo CEO John Stumpf and retail banking head Carrie Tolstedt with misleading investors, the watchdog announced Friday.
The agency claimed that the former executives misled investors about the widespread sales …