Ecem Kalkavan

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Dam failure in Brazil may impact capesizes

Equity analyst report notes that Samarco dam failure could hit global iron ore trade.

Judge rules that Lunder should be freed

But prosecutor appeals decision, keeping Fredriksen group CEO in jail over weekend.

Euronav confirms three year VLCC deal

New York-listed tanker owner adds to time charter coverage with contract for TI Hellas.

TEN comes strong in Q3

Tanker owner increases profitability as it beats market expectations in seasonally low quarter.

Venezuelan crude sales on the rise

US imports 50 cargoes of oil in October, up 9% on September.

Maersk Line and CMA CGM plot NOL bids

Liner giants are reportedly in talks to acquire Singaporean company, media report suggests.


Ship Finance sells suezmax at firm price

John Fredriksen-backed owner continues disposal of older tankers with $21m sale.

Hapag-Lloyd opens higher after IPO

German line enjoys fractional price boost as stock debuts in Frankfurt.

Euronav outlook holds after Livanos share sale

Tanker owner still bullish after chairman sells stock to generate cash to fund other businesses.

Maersk: no panic

CEO Nils Andersen says group in good spirits despite lay-offs and profit drop.

Stock Markets

Fredriksen surprised by arrest of Jo Lunder

Norwegian shipowner John Fredriksen learned of the Oslo airport arrest of group chief executive by email.

K Line eyes Middle East

Japanese owner forms new shipping and logistics joint venture with Sharaf Group in Dubai.

Maersk Line profit down 60%

Danish liner giant said freight rates hit historical lows due to combination of oversupply and lower volumes.

Rickmers sees boxship rates slide

Singapore-listed containership owner sees rates for new charters fall by between 25% and 50%.

Scorpio sees Tier III tail-off in newbuilds

Bugbee expects ordering to slow down while Lauro has a warm feeling for the winter market.

DVB braces for more shipping loan losses

Frankfurt-based transport bank hikes credit loss provision amid ‘burdensome’ macro picture.

Blake Lively Is Shuttering Preserve—Why She’s Taking the News Public and What’s Next

Let it be known: For all of the inevitable snark that follows her every move, <b>Blake Lively</b>—yes, she of the should-be-insured-if-it’s-not-already golden mane, enviable physique, and increasingly serious acting roles—is a much savvier businesswoman than anyone would like to think. And that “like to …

Europe and China sign pact to make 5G a reality before we’re all dead

The future never seems to get here fast enough. But now, Europe and China are hopefully going to shorten the wait time.<p>The European Commission and China today announced they have signed an agreement to cooperate on the development of 5G mobile networks. Following similar agreements with South Korea …

Oil prices end lower on weak demand outlook

Oil futures settled lower Monday, as signs of slowing global economic growth fed worries about the outlook for energy demand.<p>On the New York …


Taco Bell Takes a Startup Approach in Launching ',' Its New Website

Taco Bell's new website wants to make the company your new favorite trendy startup.<p>Today, the taco chain is launching a new website and "virtual flagship restaurant," The new website will allow for fully customizable online ordering, in a similar style to the chain's app, as well as hosting …

Taco Bell

107 Best Apple Recipes

Easy ways to make the most of fall's best fruit.<p><b>50 Things to Make with Apples</b><p>Turn fall's bounty into Halloween snacks, party bites and more. <b>See the recipes</b>.<p><b>Easy Apple Galette</b><p>When life gives you apples, make a galette. <b>Get the recipe</b>.<p><b>Mini Caramel Apples</b><p>A mini caramel apple a day...<b>Get the</b> …

Apple (Fruit)

Google bringing high-speed WiFi to 400 Indian train stations

Google’s main concern is getting people online, obviously due to the fact that most of their profits come from internet users; and hopefully because they want to help out, too. Regardless, it makes sense that they focus on emerging markets, as this is where most new internet users will come from. …

Emerging Markets

Shell ends arctic offshore drilling in Alaska

Shell said Monday that it would end offshore drilling in Alaska for the foreseeable future after a key exploration well did not yield sufficient amounts of oil and gas.<p>The decision to shelve the controversial project is a victory for environmentalists, who were concerned about possible ecological …

Oil & Gas Industry

Obama, Putin clash over differences on Syria's future

UNITED NATIONS (AP) — U.S. President Barack Obama and Russian President Vladimir Putin sharply disagreed Monday over the chaos in Syria, with Obama …


Google has deployed its cute little self-driving cars in Austin

They'll join the autonomous Lexus SUVs that have been on the road since July<p>Last month we learned that Google was planning to extend its autonomous vehicle project by bringing a few of its own tiny self-driving cars to Austin, Texas. Today, the company announced that new phase of the project is now …

Google could face a $1.4b fine in India for rigging search results

Google is being investigated by the Competition Commission of India (CCI) after the agency received complaints that the search giant abused its dominant market position and rigged search results, reports The Economic Times.<p>If found guilty, Google could face a fine of up to 10 percent of its income; …

Canadian, World, Politics and Business News & Analysis

Business (Canada)

Biggest North Sea gas discovery in a decade approved

Maersk Oil wins approval for £3bn Culzean project following Budget tax breaks<p>The North Sea's biggest gas field discovery in a decade has been approved for production by Britain's oil and gas authority, paving the way for a £3bn investment from Danish giant Maersk that could supply 5pc of UK …

Greece's Tsipras prevails over rebels at party meeting

ATHENS, Greece (AP) — Greek Prime Minister Alexis Tsipras has defeated a bid by dissenters in his left-wing Syriza party to push for an end to …


Turkey president Erdogan in China amid Uighur tensions

<b>Turkey's President Recep Tayyip Erdogan is in Beijing for a state visit to meet Chinese counterpart Xi Jinping.</b><p>Mr Erdogan is leading a delegation of businessmen in talks expected to focus on economic ties.<p>But discussions may also cover Turkey's controversial plans to buy a Chinese long-range …