Novo Nordisk has mitigation plans to minimize disruption from port strikes
Danish drugmaker Novo Nordisk said on Tuesday it has mitigation plans in place to minimize or prevent any disruption to its production due to sea…
European automakers most at risk from US dockworkers strike, analysts say
European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily…
Liebherr delivers high-quality ship to shore (STS) container crane from Ireland to PSA Penn Terminals
– This is the third Liebherr STS at PSA Penn Terminals in the Port of Philadelphia – Crane designed and manufactured in Ireland and delivered…
Matson begins construction on first of three new LNG-powered Aloha Class containerships
$1 billion investment part of long-term decarbonization strategy
US East Coast dockworkers strike, in blow to shipping imports and exports
Dockworkers along the U.S. East Coast and Gulf Coast began a strike on Tuesday, halting the flow of about half the nation's ocean shipping after…
Oil prices jump 3% on reports Iran preparing attack on Israel
Oil prices turned positive to climb about 3% on Tuesday following reports Iran was preparing to launch a missile attack on Israel.
Lufthansa CEO aims to revive ‘problem child’ airline by 2026
Lufthansa is aiming to revive its core airline by 2026 as one of Europe's top carriers struggles more than its regional rivals with higher costs…
US-China talks helping avoid Chinese retaliation against tariff hikes-Treasury official
China has not retaliated against U.S. tariff increases on Chinese imports partly because of continued dialogue between the world's two largest economies, the U.S. Treasury's…
Toyota says built extra stock in anticipation of US port strikes
Toyota Motor North America said on Tuesday it had built extra inventory of vehicles and parts ahead of the U.S. port strikes, which began earlier…
Berkshire Hathaway buys full control of its energy unit
Berkshire Hathaway will take full ownership of Berkshire Hathaway Energy, after the unit of Warren Buffett's conglomerate agreed to pay $3.1 billion in cash and…
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