Foreign – Page 10 – City Business News

July 19, 2020 No Responses

Volkswagen Projects Mild Growth

German automaker, Volkswagen AG expects a slight growth in China’s premium car segment this year despite a slide in broader market sales, a senior executive said.Volkswagen Group‘s China chief, Stephan Woellenstein, made the remarks to reporters in Beijing on Friday.In China, the world’s biggest...

July 17, 2020 No Responses

Bio-LNG Secures $12.57 EU Backing

Titan LNG, a Dutch supplier of LNG to the marine and industrial markets in Europe, has secured funding for its bio-LNG project. The company said on Friday it has received €11 million ($12.57 million) from the European Union through the...

July 16, 2020 No Responses

MSC Ship Loses 20 Containers Off South Africa

Earlier this week, a containership operated by Swiss shipping major Mediterranean Shipping Company (MSC) lost more than 20 containers overboard during stormy weather in Algoa Bay near the city of Port Elizabeth, Eastern Cape, the South African Maritime Safety ...

July 15, 2020 No Responses

Okonjo-Iweala To WTO: Elect DG On Basis Of Merit

Dr Ngozi Okonjo-Iweala on Wednesday in Geneva stressed the need for the World Trade Organisation (WTO) to elect a credible candidate, based on merit, for the position of Director General. Okonjo-Iweala, who is among the eight candidates vying for the...

July 13, 2020 No Responses

Singapore, London, Shanghai,Top New List Of Most Important Shipping Hub

The 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) Index has been published by the Baltic Exchange, in collaboration with Xinhua, the Chinese state news agency. The index, in its seventh edition, provides an independent ranking of the perf...

July 13, 2020 No Responses

ILO Renews Commitment To Create Better World Of Work After COVID-19

The Director-General of the International Labour Organization (ILO), Guy Ryder, has welcomed the commitment and determination of world leaders to build a better world of work as a core element of recovery from the COVID-19 crisis . Speaking at the close of ...

July 10, 2020 No Responses

ILO Welcomes COVID-19 Seafarers’ Rights Agreement

The International Labour Organization has expressed support for new international measures to protect the rights of seafarers, stranded at sea because of the COVID-19 crisis .It welcomed a joint statement signed by more than a dozen countries that gives ...

July 10, 2020 No Responses

Maritime Stakeholders Implore US, UK, UAE, Others On Crew Change Crisis

Thirteen countries have committed to facilitating crew changes and achieving key worker designation for seafarers, following a virtual ministerial summit hosted by the UK government July 9, 2020. This step is said to represent a significant progres...

July 9, 2020 No Responses

Maersk Sells Containership For Green Recycling

Maersk, owner and operator of the world’s largest container shipping fleet, has sold a 9, 640 TEU containership Sine Maersk for demolition in Turkey. The 22-year-old containership has a market value of $ 11.69 million, according to the data from...

July 9, 2020 No Responses

US Surpasses Three Million Coronavirus Cases

More than three million people in the US have now tested positive for Covid-19, according to Johns Hopkins University. Over 131,000 deaths have been reported, and on Tuesday the US broke its record for most new cases reported in one...

June 24, 2020 No Responses

US Probes Tyre Imports From South Korea, Thailand, Taiwan, Vietnam

The U.S. Commerce Department said on Tuesday it had opened investigations into vehicle tyre imports from South Korea, Taiwan, Thailand and Vietnam to determine whether the tyres are being sold at less than fair value.The department said it was also investiga...

June 17, 2020 No Responses

The World Must Continue To Fight Corruption, Says Commonwealth Scribe

Countries’ response to Covid-19, their long-term development and the meeting of the Sustainable Development Goals (SDGs) are all threatened by the “invisible infection” of corruption, the Commonwealth Secretary-General, Patricia Scotland, has warned...

June 10, 2020 No Responses

US Democrats Wearing Ghana’s Kente Cloth

When US Democrats in Congress proposed legislation to reform the police following weeks of protests over the death of African American George Floyd at the hands of a white officer, commenters on social media only wanted to talk about one...

June 9, 2020 No Responses

Opinion: Racism Seeks To Drive Us Apart But There Are Rays Of Hope

By Patricia Scotland, Commonwealth Secretary-General Today, I received a message from a parent. Her nine-year-old son, Oscar, had been sitting in his living room during the Covid-19 lockdown, watching coverage of protests, sparked by the death of George Floyd ...

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Category: Foreign