Oreo-maker Mondelez faces Nordic backlash over Russia business

[ad_1] OSLO, June 12 (Reuters) – Mondelez International (MDLZ.O), facing a widening corporate boycott in the Nordic region over its continued presence in Russia, said late on Sunday it had…

France’s CMA CGM commits to buy Bollore logistics unit for $5.5 bln

[ad_1] PARIS, May 8 (Reuters) – French shipping group CMA CGM (CMACG.UL) has committed to buy the logistics operations of family-run conglomerate Bollore (BOLL.PA) for an enterprise value of 5…

Egypt’s Suez Canal targets 15% share of global energy trade by 2040 – statement

[ad_1] CAIRO, Jan 12 (Reuters) – Egypt’s Suez Canal aims to have a 15% share of global energy trade by 2040, up from 8% in 2019, the canal authority said…

China to conduct military exercise in South China Sea on April 27

[ad_1] BEIJING, April 26 (Reuters) – China’s Maritime Safety Administration said on Wednesday that a military exercise will be conducted in some areas of the South China Sea on April…

Norwegian oil drillers, unions call in mediator after wage talks fail

[ad_1] OSLO, May 20 (Reuters) – Wage talks involving thousands of Norwegian oil drilling workers broke down on Thursday, unions and employers said, raising the risk of a strike that…

French shipper CMA CGM offers $5.5 bln for Bollore logistics unit

[ad_1] PARIS, April 18 (Reuters) – French shipping group CMA CGM (CMACG.UL) is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on…

French group Bollore considering selling African logistics divisions -Le Monde

[ad_1] PARIS, Oct 15 (Reuters) – French conglomerate Bollore (BOLL.PA), owned by billionaire Vincent Bollore’s family, is considering selling its African logistics divisions, French daily Le Monde reported on Friday.…

Britain’s LR to focus on shipping with sale of division to Goldman Sachs arm

[ad_1] LONDON, June 29 (Reuters) – British professional services provider Lloyd’s Register (LR) has agreed to sell its business assurance and cyber security division to Goldman Sachs Asset Management as…

Trucker pay may need to rise to resolve supply chain woes, U.S. regulator says

[ad_1] WASHINGTON, Nov 16 (Reuters) – Wages for truckers and warehouse workers may need to rise to resolve shipping backups, the chairman of the U.S. Federal Maritime Commission, which oversees…

UBS likely to shrink Credit Suisse’s $10 bln shipping portfolio – WSJ

[ad_1] March 22 (Reuters) – UBS Group AG (UBSG.S) will likely shrink Credit Suisse Group’s (CSGN.S) $10 billion shipping portfolio that it inherited as a part of its emergency takeover…