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...“They will be a significant player in the market, but it will . . . take time for there to be a genuine international interest.”...
...P&O maintains it pays above the minimum required by international maritime standards, and that “as an international business operating in international waters we should be governed by international law”....
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...Parash Jain, HSBC’s head of shipping, ports and Asia transport research, forecast all three carriers could return to profit this year if international travel recovered....
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Even the IMF underestimates the industry’s heft, according to JPMorgan
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...HSBC has also axed a string of international businesses deemed non-core to the Asia-focused group, including Canada, French retail banking and Argentina....
...“The Red Sea is an important international trade route,” a ministry spokesperson said on Thursday, adding that China would “strengthen co-ordination with relevant departments, closely follow the developments...
...But the decision has ruffled some feathers at the International Olympic Committee and many of the other international federations....
...International carmakers that were once dominant in China’s market have seen sales eroded by new local competitors that produce cheaper electric models that are often more technologically advanced....
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...The move is also the latest sign of a clampdown on the shipping industry, which thanks to its international nature has historically proven difficult to regulate....
...He is now launching Collectors Circle, which for $1,200 a year (or $2,000 for a pair of subscribers) gives deeper guidance on how to navigate some of the art market’s quirks and offers the promise of an international...
...“Shipping capacity is an important bottleneck,” he said, adding the new vessel could sail at “BYD’s planning” rather than leaving cars in port waiting for a ship, which was expensive....
...“At the same time, we know that half of all fossil fuel subsidies are tied up in international agreements and we must therefore co-operate with other countries.”...
...Private equity firms Advent International and Carlyle had walked away from buying the business because of concerns about the working conditions on its plantations....
...But far from being a routine drug bust, this marked a strategic sea change for a country that until now has only joined international military missions under the UN flag....
...Spot rates were about six times higher on average by the end of 2021 compared with 2020, said the International Transport Forum....
...He had been JPMorgan’s co-head of Emea M&A and co-head of its global strategic investor group M&A. Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business....
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