Following a series of attacks on ships in the Red Sea by Iranian-backed Houthi militants, shipping giants Maersk and Hapag-Lloyd have rerouted their vessels, opting for the longer Cape of Good Hope route in South Africa.
Sectors
Russia's Vladimir Putin Orders Seizure of Energy Assets From ‘Unfriendly’ European Countries
Russia's President Vladimir Putin has issued decrees granting the government to seize and forcibly sell multi-billion-dollar energy assets from European companies considered "unfriendly" to new state-approved owners.
S&P 500 Could Sink 20% This Spring, Then Hit Record High by End of 2024, Investment Strategist Says
The S&P 500 could sink 20% this spring and then surge to an all-time high by the end of 2024, according to an investment strategist.
Warner Bros. Discovery, Paramount Are in Early Talks to Merge: Report
Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger. Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger.
Citigroup to Close Down Global Distressed-Debt Business: Here's What to Know
Citigroup Inc. is reportedly closing its global distressed-debt group as it undergoes further restructuring under CEO Jane Fraser's leadership.
Latest News
The Internal Revenue Service (IRS) announced on Tuesday a penalty relief for individuals who failed to pay their taxes on time during the pandemic.
Financial tech company Affirm has announced its expansion of services with Walmart to bring the company's flexible pay-over-time options to self-checkout kiosks in over 4,500 of the retailer's US stores.
More and more, the key to success in industrial facilities or process plants often lies in mastering the art of digital transformation. In the realm of maintenance operations, this transformation comes in the form of work order digitization. Traditional, manual work order processes are fraught with challenges that can hinder efficiency and productivity. In this blog, we will delve into the pain points associated with legacy work order processes and explore how transitioning to a digital system using mobile devices can deliver a host of benefits.
Even in difficult times, retailers can still aim for calculated growth. These are the threats you need to be aware of and the potential opportunities that await.
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's value, a Delaware judge ruled.
As foreign aid starts to dry up, a top Ukrainian commander said Ukraine had to downsize its military operations in the war with Russia.
Oil giant British Petroleum (BP) has temporarily halted all its tanker transits via the Red Sea after attacks on ships by Iranian-backed Houthi militants based in Yemen escalated.
The US Department of Transportation (DOT) has imposed a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during the December 2022 holiday meltdown.
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
