A crane masses a transport container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Photographs Danish transport big Maersk on Friday reported a pointy fall in second-quarter earnings on the again of plunging container charges, however nonetheless managed to beat market expectations and improve its full-year steerage. The world’s second-largest … Read more
Siemens Vitality shares plunged 31% on Friday morning after the corporate scrapped its revenue forecast. Wolfgang Rattay | Reuters Siemens Vitality shares plunged 31% on Friday morning after the corporate scrapped its revenue forecast and warned that pricey issues at its wind turbine unit might final years. The corporate, born from the spinoff of the … Read more
Chris Licht has exited CNN as CEO amid heightened criticism, in response to a Warner Bros. Discovery announcement. Licht’s tenure, which started when he assumed the place of CEO and Chairman of CNN Worldwide in April 2022, was shrouded in criticism from former and present CNN staffers alike, together with former CNN CEO Jeff Zucker, … Read more
A cargo ship carrying containers is seen close to the Yantian port in Shenzhen, following the novel coronavirus illness (COVID-19) outbreak, Guangdong province, China Might 17, 2020. Martin Pollard | Reuters BEIJING — China’s exports fell in Might for the primary time since February, customs knowledge confirmed Wednesday. Exports fell 7.5% year-on-year to $283.5 billion, … Read more