Maersk Slumps as It Unveils Rare Loss in 2016 on Energy Write-Downs
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of
Bloomberg is an international news agency headquartered in New York. gCaptain is a content partner.
By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S unexpectedly lost money in 2016 as Denmark’s biggest company wrote down the value of some of
By Shobhana Chandra (Bloomberg) — The U.S. trade deficit widened last year to the biggest since 2012 as exports fell more than imports, though a
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co., South Korea’s biggest sea carrier, said it will post losses through the first half of
By Bailey Lipschultz (Bloomberg) — While oil drillers in U.S. shale basins are starting to see business come back, their offshore brethren will have
By Firat Kayakiran, Rachel Graham and Laura Blewitt (Bloomberg) — America’s East Coast gasoline glut is back and it’s so big that tankers bound
By Enda Curran (Bloomberg) — If Donald Trump slapped China with punishing tariffs, the pain would also be felt by Japan, South Korea and Taiwan,
(Bloomberg) — Royal Dutch Shell Plc’s $3.8 billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the
By Rakteem Katakey, Andy Hoffman and Angelina Rascouet (Bloomberg) — Royal Dutch Shell Plc, looking to pare debt swollen by last
By Jessica Shankleman (Bloomberg) — Europe will install more than 3.5 gigawatts of offshore wind capacity this year, the WindEurope industry group said.
By Anthony DiPaola and Julian Lee (Bloomberg) — Europe is poised to receive the most Iranian crude in about five years this month in a sign that the
By David Wethe (Bloomberg) — The robot on an oil drillship in the Gulf of Mexico made it easier for Mark Rodgers to do his job stringing together
By Alex Sazonov (Bloomberg) — Peering into the mid-morning darkness from his sixth-floor office on Russia’s Kola Bay, Vitaly Orlov strains to see
By Jennifer Jacobs, Jennifer A. Dlouhy and Meenal Vamburkar (Bloomberg) — President Donald Trump took steps to advance construction of the Keystone
By Toluse Olorunnipa, Kevin Cirilli and Austin Weinstein (Bloomberg) — President Donald Trump abruptly ended the decades-old U.S. tilt toward free
By Matthew Monks, Dinesh Nair, Ed Hammond and Mikael Holter (Bloomberg) — Aker ASA, the investment company controlled by Norwegian billionaire Kjell Inge
By Nicholas Brautlecht and Hannah Benjamin (Bloomberg) — Hapag-Lloyd AG boosted the volume of its first bond sale since 2014 by 100 million euros ($94
By Heejin Kim (Bloomberg) — One day after a Korean stock exchange official called the shares of Hanjin Shipping Co. “ trash,” investors piled in,
By Mikael Holter (Bloomberg) — Cost cuts are painful, but for Norway’s oil industry making every penny count has also yielded a surprising
By Sveinung Sleire (Bloomberg) — Reducing Norway’s oil dependency and living up to campaign promises is proving a costly affair for Prime Minister Erna
By Bloomberg News (Bloomberg) — China said it had the right to act in its own territory in the disputed South China Sea, pushing back after
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