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Even the IMF underestimates the industry’s heft, according to JPMorgan
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...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....
...But the decision has ruffled some feathers at the International Olympic Committee and many of the other international federations....
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...“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....
...Spot rates were about six times higher on average by the end of 2021 compared with 2020, said the International Transport Forum....
...Evergrande failed to reach any restructuring agreement with international creditors....
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...Woldbye, who switched to the aviation industry after 27 years at shipping and logistics giant Møller-Mærsk, including leading its global shipping and ferry divisions, is an “operational type”, according...
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...The strikes “would degrade the Houthis’ capabilities to continue their reckless attacks on international and commercial shipping in the Red Sea”, Centcom added....
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