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Viewing results 1‒25 of 2014

News in-depthElectric vehicles
Chinese carmaker BYD held talks with lithium producer in Brazil
...BYD’s plans in Brazil comes as Chinese EV and renewable energy companies aim to rapidly expand overseas....
January 14, 2024
Lloyd's of London Ltd
Lloyd's poised to resist calls for direct compensation over slavery role
...The insurance industry is seen as having enabled slavery given its importance to global shipping....
October 11, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News in-depthRussian business & finance
Vitol and Gunvor help keep Russian refined oil flowing, data shows
...Amur Trading FZCO and Amur Investments Ltd could not be reached. This article has been revised to clarify Mercantile’s divestment from the Amur companies...
June 27, 2023
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...But in a statement early on Thursday, the company expressed regret over the tragedy....
March 28, 2024
Shipping
Bulk commodities vessel owners face pressure to travel through Red Sea
...Figures from Clarksons, the London-based shipping services company, show that in the week to January 28 average daily arrivals of dry bulk vessels around the mouth of the Red Sea were down by 45 per cent...
January 30, 2024
Woolworths Ltd
Australian grocery groups undergo Senate grilling on price-gouging allegations
...She said food inflation had come down sharply in recent months and that Coles was working with suppliers to ensure changes in input costs, such as shipping and energy, were reflected in the shelf price....
April 16, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
The Big Read
The implosion in luxury ecommerce
...Under its new owner, Matches also cut VIP perks and free shipping, and pushed brands for up to 30 per cent discounts in order to get paid. Sales plummeted in January and February....
March 29, 2024
News in-depthHeathrow Airport Holdings Ltd
Thomas Woldbye, the Dane now charting Heathrow’s future
...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...
February 23, 2024
Shipping
Red Sea vessel diversions spur fuel tanker rates and diesel prices
...Refinery maintenance in the US would further cut supplies across the Atlantic and drive up diesel prices, analysts warned. In the shipping market, the Red Sea crisis will continue to add volatility....
January 31, 2024
Peru
China megaport builder hits back as Peru moves to scrap exclusivity deal
...A Chinese state-owned shipping company building one of Latin America’s biggest deepwater ports has criticised a move by the Peruvian government to remove its exclusive right to operate the facility....
March 26, 2024
Chinese business & finance
China’s big airlines set for fourth straight lossmaking year
...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....
January 31, 2024
Electric vehicles
BYD rejects EU claims subsidies help reduce price of China-made cars
...“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....
February 26, 2024
News in-depthSemiconductors
US missing pieces of AI chip puzzle despite TSMC’s $65bn bet
...“Samsung manufactures all the memory in Korea, so shipping memory to the US to do HBM packaging might not be ideal....
April 11, 2024
Due Diligence
Is private equity’s $3tn problem starting to ease? Premium content
...He was most recently chair of Lazard in the UK. Smart reads A fatal mistake The Wall Street Journal investigates what happened on a remote Texas ranch in a billionaire shipping scion’s final hours....
March 12, 2024
Electric vehicles
Can European carmakers stop China’s electric behemoth BYD?
...Wang Chuanfu, chair and chief executive of BYD, told a conference in Shenzhen this month that the company would “deploy seven car carriers in the coming two years to ease the shortage of shipping capacity...
February 29, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
News in-depthVanuatu
How Vanuatu allegedly lost its mackerel rights — and fought back
...Unimed shares directors with a Panamanian company called Laskaridis Shipping Company Inc, according to Panama records. Laskaridis representatives did not immediately respond to a request for comment....
April 24, 2023
Ecommerce
West’s love for Shein and Temu drives ecommerce boom for air freighters
...Booming western demand for fast fashion and ecommerce goods sold by Chinese online brands such as Temu and Shein is buoying air freight rates and creating fierce competition among logistics companies shipping...
December 14, 2023
Shein
Fast-fashion group Shein buys UK brand Missguided
...Robin Zhu, analyst at Bernstein, said Shein was “buying growth” during a “do-something moment” for the company. “Shein’s growth is being impacted by Temu in the US....
October 30, 2023
Lithium
Mining tycoons battle over lithium’s ‘corridor of power’ in Australia
...In addition, Shanghai Jayson New Energy Materials, a supplier to lithium battery makers in China, has put A$3mn into the company....
November 27, 2023
LexHancock Prospecting Pty Ltd
Gina Rinehart/Liontown: dabble trouble as Albemarle quits bid
...True, mining spodumene could use the logistics expertise that direct shipping iron ore can bring....
October 16, 2023
Private equity
Private debt is out of control
...(We couldn’t afford the shipping.) That we are now getting cold funding offers is both hilarious and disconcerting. Sure, it could just be a fraud....
November 7, 2023
News in-depthWaterstones Booksellers Ltd
Waterstones IPO would open new chapter for bookseller, says James Daunt
...In the UK, Waterstones has about 320 stores, and is opening about 10 more every year despite rising costs from wages, distribution and shipping....
December 2, 2023
InterviewSupply chains
Shifting production from China is impossible, says shipping boss
...OOCL has, together with its parent company, about 11 per cent share of the global container shipping market, according to data from Alphaliner....
April 23, 2023
LexCaledonia Investments PLC
Caledonia/7IM: wealth manager stake sale highlights trust’s yawning discount Premium content
...Small wonder that a bet on the sector has paid off for the Cayzer shipping family’s investment vehicle....
September 5, 2023
Sri Lanka
US lends $553mn to majority Adani-owned port in Sri Lanka
...Nathan said that the private sector loan to the Adani-led terminal consortium “will expand [the terminal’s] shipping capacity, creating greater prosperity for Sri Lanka — without adding to sovereign debt...
November 8, 2023

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