Foreign Archives — Page 2 of 6

February 9, 2023 No Responses

Maersk Explains $29.3b 2022 Profit, Assigns $11b For Integration, Decarbonization

Foremost Container shipping heavyweight, A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company reported solid performance across all its businesses, resulting in the best...

September 21, 2022 No Responses

Buhari Bids UN General Assembly Farewell As Nigeria’s Leader

President Muhammadu Buhari addressed the UN General Assembly on Wednesday for the last time as Nigeria’s leader. In his farewell speech, he told the global body that his administration was determined to entrench a process of free, fair, transparent and...

August 17, 2022 No Responses

Toyota Suspends Operations At Sichuan Plant

Toyota Motor Corp has suspended operations at its plant in China’s Sichuan province after local authorities issued an order to conserve electricity. Toyota’s joint venture plant in the city of Chengdu has ceased operations until Saturday, a company spokesp...

May 6, 2022 No Responses

Seaport Offers Incentives To Reduce Vessel Emissions

To reduce vessel emissions, Canada’s Halifax Port Authority (HPA) has joined the World Port Climate Initiative (WPCI) as an incentive provider with the International Association of Ports and Harbours’ (IAPH) Environmental Ship Index (ESI). The HPA joined t...

May 2, 2022 No Responses

Indians In Nigeria Commemorate Country’s 75th Independence

No fewer than 400 Indians in Nigeria on Monday engaged in different forms of physical exercise like yoga, aerobics, dance, running and cultural performance to commemorate India’s 75 years of independence. The programme tagged, “Run 4 Unity”, held at the....

January 18, 2022 No Responses

Unilever To Revisit $65b Merger Deal With GSK

Unilever has signaled it will continue pursuing a blockbuster deal to buy GlaxoSmithKline’s (GSK) healthcare arm. Unilever has already had a £50b ($65b) offer rejected, but said on Monday a deal would be a “strong strategic fit”. ...

November 11, 2021 No Responses

US Sues Uber For Overcharging Disabled People

The US Justice Department (DoJ) is suing ride-hailing app Uber over allegations it has been overcharging disabled people. The DoJ claims Uber’s “wait time” fees are discriminating against disabled passengers who need more than two minutes to ...

February 24, 2021 No Responses

South African Uber Drivers Join Global Push For Worker Rights

A group of South African Uber drivers are to go to court to seek rights including compensation for unpaid overtime and holiday pay, their lawyers said on Tuesday, hoping for a similar victory to that of British drivers this month.In both Britain...

October 28, 2020 No Responses

Nigeria Receives $26.9b Development Assistance Funds In Six Years

Between 2015 and 2020, Nigeria received not less $26.94 billion Development Assistance funds from International Donors, the Minister of State for Budget and National Planning, Mr Clement Agba has said. Agba made this known on Tuesday in Abuja while briefing...

October 17, 2020 No Responses

British Airways Fined £20m Over Data Breach

British Airways has been fined £20m ($26m) by the Information Commissioner’s Office (ICO) for a data breach which affected more than 400,000 customers. The breach took place in 2018 and affected both personal and credit card data. The fine...

September 2, 2020 No Responses

Australia Records First Recession In 30 Years

Australia’s economy has plunged into its first recession in nearly 30 years, as it suffers the economic fallout from the coronavirus. Gross domestic product (GDP) shrunk 7% in the April-to-June quarter compared to the previous three months. T...

August 5, 2020 No Responses

Mitsubishi To Begin Car Production In Myanmar

Mitsubishi Motors is considering building vehicles in Myanmar, as the Japanese automaker deepens its commitment to Southeast Asia. The Japanese automaker already has a production base in Vietnam, as well as in Thailand, Indonesia and the Philippines. A...

July 21, 2020 No Responses

EU Bankrolls Electrification Of Seaport Terminals

The Port of Valencia has secured aid from the European Commission for two projects aimed at facilitating and accelerating the possibility of connecting ships to the electricity grid. The first of these, the Global EALING Project, European flagship action for.....

July 18, 2020 No Responses

Crude Shipments Resume From Pemex Floating Storage Unit

An oil production and storage vessel, operated by Mexican state oil firm Pemex in the Gulf of Mexico, has resumed crude shipments. This is after a tanker collision halted exports earlier this month, according to a person with knowledge of...