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Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- On first PM visit to Norway in 4 decades, Modi and hosts to discuss long-term LPG dealPrime Minister Narendra Modi will visit Norway next week, marking the first trip by an Indian PM to Oslo in 43 years. Talks are expected to...
- Maersk CEO sees passing higher oil shock costs to customersA.P. Moller-Maersk CEO Vincent Clerc stated the Iran war is increasing costs by $500 million monthly. These expenses will be passed to cust...
- World’s largest container carrier plans route avoiding HormuzThe world’s largest container shipping company, MSC Mediterranean Shipping Company, is launching a new Europe–Middle East service that avoi...
- Denmark’s biggest cities say goodbye to Microsoft, citing concerns over Donald Trump's policiesDanish cities drop Microsoft due to high costs and political concerns under Donald Trump's policies, marking a big step toward digital inde...
- Ampin, CIP expand India green energy partnershipAmpin Energy Transition announced a second partnership with Copenhagen Infrastructure Partners (CIP) to develop approximately 2 GWp of rene...
- Maersk warns Red Sea disruptions could last into second half of yearContainer shipping companies switch to the longer route around Africa's Cape of Good Hope due to attacks by Houthi militants.
- Maersk replaces CEO to steer shipping firm through turbulent watersCompany veteran Clerc, who currently heads the company's Ocean & Logistics business, is taking the helm at a time of slowing demand for tra...
- Maersk sees weaker demand for shipping containers this yearThe company, one of the world's biggest container shippers with a market share of around 17%, revised its outlook for global container dema...
- Maersk sees global supply chain woes for longer; lifts 2022 guidanceThe new guidance is based on a gradual normalisation in ocean container shipping in the fourth quarter of this year. Its previous guidance ...
- Shipping company Maersk sees record profit as demand surgesIn the last three months, revenue soared to $18.5 billion from $11.3 billion in the same period the previous year. Profits in the fourth qu...
- World's biggest shipper reports rebound in businessMaersk's business is closely watched within the shipping and other industries as it seen as a barometer of global trade.
- Oyo acquires Copenhagen-based data science company Danamica for an undisclosed sumAcquisition comes about a month after the SoftBank-backed company committed €300 million investment in its European vacation rentals busine...
- Carlsberg Q3 profit up 30% as market growsDanish brewer Carlsberg A/S says third-quarter net profits rose 30 per cent, boosted by improved market growth and warmer weather, and is l...
- Biofuel Praj up for grabs ahead of climate summitAccording to analysts, Praj Industries will benefit from the impetus given to ethanol-based fuel manufacturers at the Copenhagen Summit.
- Carlsberg Q3 profit up 4 per centCarlsberg A/S on Wednesday posted a 4 percent increase in third-quarter earnings but downgraded its full-year forecast and said it would cl...
- Maersk appoints Carlsberg's Nils Andersen as new chiefAP Moeller-Maersk, the world’s largest shipping company, replaced its chief executive officer with Carlsberg’s Nils Smedegaard Andersen aft...
- Danske buys Sampo Bank for $5.2 bn in Nordic pushDanske Bank, the Nordic region’s second-biggest financial institution by market value, agreed to buy Sampo Bank for 30.1bn Danish kroner ($...
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