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GERMAN SHIPPING FIRM
From machine tools to military tech: German industry dons fatiguesDefence and security-related firms for the first time have their own section at the world's top industrial fair in Hanover this week -- a s...
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
Global Inc speaks out: Iran war hurt biz already bruised by tariffs, high costsInvestors and economists are watching to see whether companies can absorb the shock, or if prolonged uncertainty over energy, transport and...
Who was Mark Mobius and why was the $40 billion India bull famous as ‘Indiana Jones of emerging markets’Mark Mobius, a renowned investor, passed away at 89. He was a global champion for emerging markets, especially India. Mobius saw opportunit...
US stocks hit records, oil steadies as Trump says Iran war 'close to over'U.S. stock benchmarks S&P 500 and Nasdaq hit record highs, fueled by easing U.S.-Iran tensions and strong earnings expectations. Oil prices...
Mark Mobius, pioneer of emerging markets investing, dies at 89Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed op...
Only 10 vessels cross Strait of Hormuz since US-Iran truce as world’s oil lifeline remains frozenThe Strait of Hormuz sees minimal ship traffic post-ceasefire. Only a handful of vessels have navigated the crucial waterway amid ongoing c...
One battle after another: Iran war deals new blow to Europe's industrial heartlandEuropean businesses are struggling with rising raw material costs and supply chain issues. The conflict in the Middle East is impacting key...
Global Markets | European shares fall to over two-month lows as Iran war drags onEuropean shares slumped to their lowest in over two months on Monday, as surging oil prices exacerbated inflation worries with the U.S.- I...
GRSE secures export order worth $54 mn from German co for commercial vesselsDefence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has signed a $54 million contract with Germany-based shipping company Carste...
Germany fully backs submarine negotiations with India, wants to offer military cooperation alternatives to New Delhi: German envoyGermany's Ambassador to India, Philipp Ackerman, has expressed full support for the negotiations between the German firm Thyssenkrupp Marin...
How companies are responding to attacks on ships in the Red SeaThe Swedish hygiene products maker is monitoring the situation and staying in contact with impacted suppliers to ensure continued flow of g...
JM Baxi Group promoter moves HC over stake buy in arm by Hapag-LloydVir Kotak, a promoter of JM Baxi Group, has approached the Bombay High Court to intervene in the acquisition of JM Baxi Ports & Logistics b...
German industry changes tack as river Rhine runs drierGerman industry is looking for alternative transportation methods as the Rhine continues to experience low water levels, negatively impacti...
German firm set to supply sonar systems for Indian NavyGerman defence firm Atlas Elektroniks is close to signing a deal with India for supply of low frequency sonar systems for its warships.
- Singapore's NOL looking at possible Hapag-Lloyd tie-up
Singapore-based Neptune Orient Lines (NOL) is considering a possible merger with German line Hapag-Lloyd, NOL's president was quoted as say...
- ABG bags mega order for 12 bulks from German shipping company
This is one of the largest orders bagged by ABG so far, and first of its kind from a German shipping company. The new order for building 12...