Automotive Expert Seek Review Of Renault-Nissan Alliance

Automotive Expert Seek Review Of Renault-Nissan Alliance

Automotive Editor at GlobalData, David Leggett, on Wednesday called for a review of the Nissan-Renault alliance.Reacting to the appointment of new CEO for the group, Legget said: “Rumours are swirling in France that Renault is to consider the question of...
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Report: Shipping Confidence Drops As Trade Wars Intensify

Report: Shipping Confidence Drops As Trade Wars Intensify

Confidence in the shipping industry fell in the past three months to its lowest level for two and half years, according to shipping adviser and accountant BDO.Yet owners, charterers and managers were more confident than they were at the time...
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Azerbaijan Tourism Board, Wego Seal Partnership

Azerbaijan Tourism Board, Wego Seal Partnership

The largest online travel marketplace in the Middle East and North Africa (MENA),  Wego has collaborated with Azerbaijan Tourism Board (ATB) to invite travellers from the GCC to take another look at Azerbaijan and experience its wide array of sights...
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Commonwealth Model Offers Hope For Easing Multilateral Trade Tension

Commonwealth Model Offers Hope For Easing Multilateral Trade Tension

By Patricia Scotland, Commonwealth Secretary-General Global uncertainties and tensions are escalating and affecting trade in every region. We see rising protectionism, while multilateral cooperation – including through the World Trade Organisation &#8211...
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Commonwealth Ministers Target $2tri  Trade By 2030

Commonwealth Ministers Target $2tri Trade By 2030

Trade ministers and senior officials from 53 Commonwealth countries will gather in London on October 10, 2019 to explore modalities on how to achieve $2trillion trade by 2030.  The Minister are also expected to put  strategies in place for deepening....
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Group Unveils Maritime Connectivity Platform

Group Unveils Maritime Connectivity Platform

The Maritime Connectivity Platform Consortium (MCC), an international consortium for the digitalization of maritime sectors, officially started operations with a signing ceremony. The goal of MCC will be to bring common internet standards to maritime navi...
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CMA CGM Concludes Acquisition of CEVA Logistics

CMA CGM Concludes Acquisition of CEVA Logistics

The European Commission has given the green light to French shipping major CMA CGM to acquire Swiss logistics company CEVA Logistics. Following the approval, CMA CGM will acquire sole control of the Switzerland-based company. The commission concluded that...
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EU Adopts Proposal On Emissions From Maritime Transport

EU Adopts Proposal On Emissions From Maritime Transport

The European Commission has adopted a proposal to revise the EU system for monitoring, reporting and verification (EU MRV) of CO2 emissions from maritime transport. The system will be revised in order for the EU to take “appropriate account” of the globa...
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Commission Probes Terminal Operators

Commission Probes Terminal Operators

The Hong Kong Competition Commission has opened an investigation to assess whether the recently created alliance between several container terminal operators may restrict competition in Hong Kong.  Recently, COSCO-HIT Terminals (Hong Kong) Limited (CHT), ...
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Court Confirms $1.8b Oil Spill Compensation

Court Confirms $1.8b Oil Spill Compensation

Spain’s Supreme Court in Madrid upheld the ruling that the insurer and the captain of the Prestige oil tanker are to pay EUR 1.6 billion (USD 1.8 billion) in compensation. Under the final ruling, handed down on December 20, the...
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Qatar Pulls Out Of OPEC

Qatar Pulls Out Of OPEC

Qatar has announced it is pulling out of the Opec oil producers’ cartel, just days before the group meets in Vienna. The Gulf state, which joined Opec in 1961, said it would leave the cartel in January and would focus...
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New Kia Soul Debuts

New Kia Soul Debuts

All-new Kia Soul has made its debut at the 2018 Los Angeles Auto Show: a completely new, yet familiar, version of Kia’s beloved and award-winning urban crossover. Taking everything that popularized the company’s quirky, unconventionally styled urban cross...
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GM To Sack 14,000 Workers, Close Eight Plants

GM To Sack 14,000 Workers, Close Eight Plants

Citing rising costs and drop in car sales, General Motors (GM) has concluded plans to halt production at five factories and cut more than 14,000 jobs. The US carmaker has also announced it will close three plants outside North America...
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Report: Women Still Earning 20 Per Cent Less Than Men

Report: Women Still Earning 20 Per Cent Less Than Men

Global wage growth in 2017 fell to its lowest rate since 2008, far below levels before the global financial crisis, according to a new International Labour Organization (ILO) report.  The Global Wage Report 2018/19  finds that in real terms (adjusted...
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