SEEKING ALPHA writes: “Stocks fell across the globe overnight after the FOMC lifted interest rates for the fourth time this year, while Fed Chair Jerome Powell downplayed implications of market volatility and said the central bank would continue its balance-sheet …
CNBC reports: “OPEC is reportedly planning to release a table detailing voluntary supply cut quotas among its members and allies, Reuters reported Thursday, as the influential oil cartel steps up its efforts to put a halt to one of the …
THE HEISENBERG writes: “That’s not to say there’s something inherently desirable about having PhDs running the show and it’s certainly not to suggest that economics is a “hard” science (it’s not, and I should know). But it is to say …
CEVA management who claimed they were forced by private equity shareholder Apollo Global Management to put “skin in the game” – investments that were later rendered worthless – have amended their complaint in a Florida court.
The filing noted that …
The 2M alliance is to phase in six more ultra large container vessels (ULCVs) into its 10 Asia-Europe service strings from next March in an endeavour to improve schedule reliability, which it said had been blighted by bad weather and …
The UK’s haulage industry is likely to become far more concentrated in the hand of fewer operators, which have the scale to handle the myriad challenges the industry is facing, according to new analysis from road freight aggregator Ontruck.
“The …
FedEx has slashed its profit forecast amid fears for the global economy, but denied analysts’ claims that Amazon is becoming too strong a competitor.
The company announced that its second quarter adjusted non-GAAP results saw net income of $1.08bn on …
