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Finance & Markets

US Q1 Productivity Rises More than Expected

US nonfarm business sector labor productivity rose 1.4% in the second quarter of 2026, more than market expectations of a 0.6% increase, preliminary estimates showed. Output increased 1.7% and hours worked increased 0.3%. Meanwhile, manufacturing sector labor productivity increased 1.9% in the second quarter of 2026, as output increased 4.6% and hours worked increased 2.6%. ...

hellenicshippingnews.com ·8d ago

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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This Megaproject Could Keep Brazil's Oil Boom Running Deep Into The 2030's

BP’s Bumerangue discovery is more than another giant Brazilian oil find: it could become the project that keeps both BP’s upstream portfolio and Brazil’s production boom alive well into the 2030s.

8d ago ·oilprice.com

HOT PORT NEWS from GAC

Marine works begin in Deep Water Bay 06 Aug 2026 / Hong Kong Marine works associated with the installation of a silt curtain in Deep Water Bay commenced on July 30, 2026 and are expected to continue…

8d ago ·hellenicshippingnews.com

Suncor Says Zebedee to Succeed Kruger as CEO Next April

Canadian oil sands firm Suncor Energy Inc. said Chief Executive Officer Rich Kruger will be stepping down next April and replaced by Peter Zebedee, and in a surprise move, its chief financial officer…

8d ago ·financialpost.com

US Labor Costs Rise Less than Anticipated

Unit labor costs in the US nonfarm business sector rose by 1.3% in Q2 2026, matching the revised Q1 pace, but missing market forecasts of 2.1%, preliminary data showed.

8d ago ·hellenicshippingnews.com

Trump held multiple undisclosed calls with Fed Chair Warsh, reports say

President Donald Trump has spoken by phone with Federal Reserve Chair Kevin Warsh multiple times since Warsh’s confirmation in May 2026, with Bloomberg confirming a scoop first reported by the Wall…

President Trump made undisclosed calls with Fed Chair Kevin Warsh in May 2026.
Calls discussed economic topics like Iran war and AI impact.
White House confirmed calls, aiming to restore Fed decision confidence.

8d ago ·hellenicshippingnews.com

Klaipėda Container Terminal strengthens berth planning with Portchain Quay

Following the successful implementation of Portchain Connect, Klaipėda Container Terminal is taking the next step in its digitalization by implementing Portchain Quay.

Klaipėda Container Terminal adopts Portchain Quay for digital transformation.
System consolidates berth, crane, and gang planning in centralized environment.
Shipping Lines and customers access live berth lineup for smoother operations.

8d ago ·hellenicshippingnews.com

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