Turkey referendum grants President Erdogan sweeping new powers

Turkey referendum grants President Erdogan sweeping new powers

Turkish President Recep Tayyip Erdogan has narrowly won a referendum to expand presidential powers, which could keep him in office until 2029. With 99.45% of ballots counted, the “Yes” campaign had won 51.37% and “No” 48.63%, and the electoral board...
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Egypt, Nigeria, 10 others battle for YOG slots

Egypt, Nigeria, 10 others battle for YOG slots

Africa’s table tennis power houses – Egypt and Nigeria as well as 10 others will vie for the four slots available for Africa in the 2018 Youth Olympic Games (YOG) holding in Argentina. The teams – Egypt, Nigeria, Algeria, Tunisia,...
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North Korea ‘ready for nuclear attack’ amid show of force

North Korea ‘ready for nuclear attack’ amid show of force

(BBC) North Korea has warned the US not to take provocative action in the region, saying it is “ready to hit back with nuclear attacks”. The comments came as North Korea marked the 105th anniversary of the birth of its...
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WFE unveils cyber resilience standards

WFE unveils cyber resilience standards

The World Federation of Exchanges (WFE), on Wednesday in London published a set of cyber resilience standards designed to be used by WFE members, and other market infrastructure providers, to ensure alignment and common minimum standards across the global syst...
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BMW records 254,862 global sales in March

BMW records 254,862 global sales in March

BMW Group sales achieved their best ever in March 2017, with sales in the month totalling 254,862, a 5.9% increase year-on-year. It was also a record first quarter with sales of the BMW Group’s three premium brands, BMW, MINI and...
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Ban heavy fuel oil in Arctic Waters, EU Parliament tells IMO

Ban heavy fuel oil in Arctic Waters, EU Parliament tells IMO

Members of the European Parliament (MEPs) have called on the International Maritime Organisation (IMO) to ban the highly polluting marine fuel heavy fuel oil (HFO) from use in Arctic waters. Transport & Environment informed that the full European Parliamen...
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Hyundai, Kia to recall 1.5 million vehicles over premature engine wear

Hyundai, Kia to recall 1.5 million vehicles over premature engine wear

Hyundai Motor Company and Kia Motors Corporation plan recalls to inspect and, if necessary, replace four-cylinder engine assemblies in as many as 1.2 million U.S. vehicles, the South Korean companies said Friday. Manufacturing errors in Hyundai’s 2.0- an...
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WFE releases third annual sustainability survey

WFE releases third annual sustainability survey

The World Federation of Exchanges (WFE) has released its annual global Environment, Social and Governance (ESG) survey. Now in its third year, the survey aims to capture the nature and extent of WFE engagement with ESG issues, and how this...
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World’s 1st Ship tunnel step closer to construction

World’s 1st Ship tunnel step closer to construction

Norway’s Stad Ship Tunnel project, also known as the world’s first full-scale ship tunnel, is moving toward construction process. Already, about $173million has been earmarked for the project in the first half of the planning period (2018 – 2029).  Th...
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‘How criminal gangs use UK ports to defraud EU customs’

‘How criminal gangs use UK ports to defraud EU customs’

By Andrew Hosken (BBC) Systematic failures by UK customs officials have allowed criminal gangs to defraud the European Union of at least £2bn in just four years plus billions more in lost VAT, the EU anti-fraud office OLAF has claimed....
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African envoys: India attacks on Nigerians ‘racial’

African envoys: India attacks on Nigerians ‘racial’

(BBC)—Envoys from African nations in the Indian capital, Delhi, have condemned the handling of recent attacks on Nigerian students in the city. In a statement, the African Heads of Mission said the attacks were “xenophobic and racial”. Indian...
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Audi unveils race car liveries for 2017 season

Audi unveils race car liveries for 2017 season

About a month before the DTM season opens, Audi is presenting the liveries of the six Audi RS 5 DTM cars. The engineers at the Audi motorsport department prepared the race cars in the past two weeks together with the...
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No dividend for shareholders as COSCO Shipping posts 1.4b loss in 2016

No dividend for shareholders as COSCO Shipping posts 1.4b loss in 2016

Shanghai-listed COSCO Shipping Holdings Company, a unit of China Cosco Shipping Corporation Limited (Cosco Shipping), has reported a loss of $1.4 billion in its annual report for 2016. As a result the company proposed that no dividend is distributed this...
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EU Ministers adopts transport declaration

EU Ministers adopts transport declaration

European Transport Ministers have adopted a ministerial declaration on maritime transport, the European Community Shipowners’ Association (ECSA) informed.  The so-called ‘Valletta Declaration’ outlines priorities for the EU’s maritime transport policy...
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