Many shipping firms have suspended all journeys transiting the Red Sea. Average global container rates have spiked by about 64% over the past year. DFS and Dr Martens have experienced longer delivery times due to the crisis
German engineers major Siemens is 'very bullish' on India given its fast-growing economy and 'huge potential', its global CEO Roland Busch said on Monday.“We strongly believe that India is really taking off,” Busch said. “The last years have shown that the growth rates are amazing. You’re attracting more and more high-quality products, more complex products are manufactured in India.”Busch added that the Indian government is ‘doing the right things’ and improving infrastructure in areas like...
The dollar figure from the secretary comes as Speaker of the House Rep. Mike Johnson said he is ready to bring the supplemental funding bill the Navy needs passed to the floor for a vote.
JERUSALEM (AP) — Ballistic missiles fired by Yemen's Houthi rebels caused “minor damage” to a Panama-flagged oil tanker traveling through the Red Sea on Friday, authorities said. The attack follows an uptick in assaults launched by the Houthis in recent days after a relative lull in their monthslong campaign over Israel's war on Hamas in []
All eyes were on Mavericks star Luka Doncic when he collided with Clippers center Ivica Zubac at the 3:23 mark of the first quarter. He was slow to get back
A former Man United star was told not to react when 'smashed' by Paul Scholes. The ex-Red Devil said the midfielder admitted 'it was good' that he didn't react. 'He doesn't have any excuse to dive!' Will Bukayo Saka learn from his Bayern tumble? Listen to the
Gomez believes the next few years will see massive American soccer growth. He also said RBNY's recent additions have helped young players improve. DailyMail.com
Shafaqna English-The Global Report on Food Crises reveals that nearly 282 million people in 59 countries suffered from acute hunger in 2023. The UN report on Wednesday said 24 million more people faced an acute lack of food than in 2022, due to the sharp deterioration in food security, especially
China Is Leading The Global Nuclear-Power Build-Out Authored by Tsvetana Paraskova via OilPrice.com, China is currently constructing a total of 26 nuclear power units with a combined capacity of 30.3 gigawatts (GW), the highest in the world, according to a report by the China Nuclear Energy Association (CNEA) cited by local media. China's nuclear power units Hualong One in Fuqing, Fujian Province, China. /CFP Last year, China approved the development of five new nuclear power...
Update: Yemen’s Houthis targeted the Panama-flagged tanker Andromeda Star with an anti-ship missile in the Red Sea. The ship reported minor damage but is continuing its voyage, according to the
By Charlie Bartlett (The Loadstar) – The Saudi Arabian hub port of Jeddah is reporting a two-thirds drop in calls from the top ten carriers, as re-routing vessels on Asia-European routes
“To the extent we can get a good price for what we’ve identified as non-core [businesses], we’ll do it. But too many of the offers are coming in low and people think we’re desperate to sell, and I can assure you we’re not,” said L3Harris CEO Chris Kubasik.