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...The chosen heir as the elder of two sons, Saadé rose through the ranks of the group and still grills top executives on everything from container pricing to the fill rates of ships in hours-long meetings...
...“[Chinese companies] didn’t have distribution partners in our region . . . and they were actually helping us to grow” by extending credit lines, he explains....
...Frankfurt-based asset manager Deka, which is a top 10 shareholder in Munich Re and a top 20 shareholder in BASF according to data from S&P Global, last year adopted a similar voting policy to ISS....
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...Of the six other Chinese ports in Drewry’s top 10, five reported a rise in container throughput last year. Shenzhen remained flat with a slight 0.5 per cent drop to an annual 29.9mn TEUs....
...Advertising revenue through search and YouTube, which accounts for more than three-quarters of Google’s top line, grew 13 per cent to $61.7bn, compared with analysts’ consensus forecast for $60.2bn....
...The shift in transport mode, mainly a result of decisions by big container shipping line to send ships around the Cape of Good Hope, has helped push up air freight costs....
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...Vertex “is probably going to be one of the fastest-growing top lines outside of the weight-loss drugmakers [Eli] Lilly and Novo [Nordisk],” predicts Debjit Chattopadhyay, a healthcare analyst at Guggenheim...
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...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Additions range from £1.50 to £5.90, on top of the cost of the salad....
...Aside from those flown by sleigh from Lapland, others arrived via container ships, and faced various physical obstacles....
...Ukraine said Russia was using Elon Musk’s Starlink satellite internet system on the front line....
...Its bottom line in China is also set to take a hit this year as it loses a 15 per cent preferential tax rate, which remains available to many of its local competitors....
...Bigger US prizes down the line include Nvidia-backed software group Databricks, valued at $43bn in a funding round last year and payments group Stripe, worth about $50bn....
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...The companies — the world’s top two sellers of EVs — have cut prices in order to stimulate demand as they face increased competition, especially in China....
...As the companies have matured, user growth has settled into the low double digits (note Twitter has some missing data and Pinterest reports monthly rather than daily active users, but the slopes of the lines...
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...In its initial phase, the single-track rail line will run passenger and cargo trains simultaneously....
...His first delivery was at the top of Pig Hill, one of the steepest in Pittsburgh. As he struggled up, drivers in cars rolled down their windows to tell him, “Good job.”...
...News in-depth The collapse of the Francis Scott Key Bridge in Baltimore after a container ship collided with it has triggered urgent questions....
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