Showing 1 - 6 of 6
Half of Red Sea container ships rerouting
Bloomberg News and Reuters, Published on 28/12/2023
» Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data.
Red Sea attacks bring new inflation risk
Bloomberg News, Published on 20/12/2023
» Attacks in the Red Sea linked to the Israel-Hamas war will cause shipping delays and drive up the price of goods, bringing a new inflation risk to the global economy.
Bank of England delivers big rate hike
Reuters, Published on 22/06/2023
» LONDON: The Bank of England (BoE) rattled markets by raising interest rates by half a percentage point — twice the amount expected — on Thursday, after it said there had been “significant” news suggesting British inflation would take longer to fall.
G-7 finance chiefs boost Ukraine aid, propose supply chain plan
Bloomberg News, Published on 13/05/2023
» NIIGATA: Group of Seven (G-7) finance chiefs put more aid on the table for Ukraine, set up a new supply chain initiative and vowed to fill regulatory gaps in the banking sector in a show of unity on global geo-economic issues after three days of talks.
Asian and European markets rally, euro surges
AFP, Published on 12/09/2022
» Asian and European markets rallied on Monday, building on the momentum of gains in the United States and elsewhere at the end of last week, as investors price in the expectation of further interest rate hikes aimed at taming inflation.
Wayfair Copied Amazon to Grow Fast. Now, It Searches for Profits
Business, Sarah Nassauer & Charity L. Scott, Published on 02/03/2020
» In nearly two decades, online home-goods seller Wayfair Inc. has grown quickly by burning through profits.