Two Chinese very large crude carriers have made U-turns in the Strait of Hormuz, currently idling in the area, Bloomberg reported today, citing ship-tracking data. One of the supertankers, Sea V, loaded crude oil in Iraq and set off for Hormuz yesterday, but turned back and is now idling in the waterway, the data showed. The Sea V is sailing under a Hong Kong flag, with Marine Traffic reporting a…
Shares of Spain's Deoleo jumped nearly 16% on Wednesday morning amid an intensifying takeover battle for the world's largest olive oil bottler and marketer.
B4Restore, founded in 2003, provides backup, storage and business continuity services to enterprises and managed service providers from Danish data centers.
STOCKHOLM: European Central Bank policymaker Olli Rehn said on Wednesday that wage growth and the wage outlook have remained moderate, with no clear signs of second-round effects.