Two tankers were heading to Russia on Monday, expecting to be filled with Russian crude as a price cap on its oil exports from a coalition of Western nations came into effect. On Friday, the European Union agreed to cap Russian maritime oil prices at $60 a barrel, in a bid to limit Moscow’s revenue …
Tankers head to Russia as oil price cap goes into effect on exports Read More »
The German property market has been remarkably strong over the past two decades, but faces a severe price correction over the next two years, some analysts say. Tim Graham/Contributor/Getty Images The German housing market has been remarkably strong for decades, but faces a severe price correction over the next two years, analysts say. Mortgage rates …
German property market ripe for serious price correction, economists warn Read More »
Aerial view of containers stacked at Qinzhou Port on August 15, 2022 in Qinzhou, China’s Guangxi Zhuang Autonomous Region. China News Service | Getty Images U.S. logistics officials are bracing for delays in the delivery of goods from China in early January due to canceled container ship departures and export transfers by ocean carriers. Carriers …
Factory orders from China down 40% in relentless slump in demand Read More »
Beautiful and colorful aerial view of the Mumbai skyline during twilight as seen from Currey Road on February 16, 2022 in Mumbai, India. Pratik Chorgé | Hindustan Times | Getty Images India is expected to overtake Japan and Germany to become the world’s third-largest economy, according to S&P Global and Morgan Stanley. The S&P forecast …
India could become third largest economy by 2030, overtaking Japan and Germany Read More »
Singapore will not take sides in geopolitical disputes and will instead take pro-rule of law stances, the country’s Education Minister Chan Chun Sing said in his keynote address at the Morgan Stanley Asia-Pacific Summit on Wednesday. Singapore. He said the world should remain interdependent despite breaking pressures, because any kind of divide would make individual …
Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking on stage at the Web Summit 2022 technology conference. Horace Villalobos | Getty Images LISBON, Portugal — Once upon a time, high-flying tech unicorns are getting their wings clipped as the era of easy money draws to a close. That was the message from the …
Shipping containers at a container terminal at the Port of Long Beach-Port of Los Angeles complex in Los Angeles, California on April 7, 2021. Lucy Nicholson | Reuters An increase in canceled or canceled departures from Asia to the United States is hitting some of the largest domestic ports, including the Port of Long Beach …
