Dashboard

Financial News

German retail sales drop 0.9% in January, exceeding forecasts
hellenicshippingnews38d ago

German retail sales drop 0.9% in January, exceeding forecasts

German retail sales declined 0.9% in January compared to December, according to data released Monday. The drop exceeded analyst expectations, as economists polled by Reuters had forecast a decrease of 0.2%. The steeper-than-anticipated decline in retail sales points to weaker consumer spending in Europe’s largest economy at the start of the year. Source: Investing.com

#ECONOMY
Carbon capture risks leading Indian steel down a technological dead end
hellenicshippingnews38d ago

Carbon capture risks leading Indian steel down a technological dead end

The INR20,000 crore (USD2.2 billion) of support for carbon capture, utilisation and storage (CCUS) for industry announced in the 2026 Union Budget risks leading India’s steel sector down a path of high emissions and rising energy security risk. The track record of CCUS demonstrates it has no capacity to adequately reduce steelmaking emissions. Its deployment ...

#ECONOMY
China warns against repercussions on global economy from regional turmoil after military strikes against Iran
hellenicshippingnews38d ago

China warns against repercussions on global economy from regional turmoil after military strikes against Iran

A Chinese foreign ministry spokesperson said on Monday the Strait of Hormuz and its adjacent waters are important international trade channels for goods and energy, urging relevant parties to immediately stop military operations to prevent further escalation of tensions. Spokesperson Mao Ning made the remarks at a daily press briefing, in response to a query ...

#ECONOMY
BOJ deputy governor Himino says more interest rate hikes likely
hellenicshippingnews38d ago

BOJ deputy governor Himino says more interest rate hikes likely

Bank of Japan Deputy Governor Ryozo Himino said on Monday the central bank is likely to continue raising interest rates, as it gradually shifts into a more neutral stance on monetary policy. Speaking at a meeting in Wakayama, Kansai, Himino said that underlying inflation was likely to rise towards the BOJ’s 2% in the future, ...

#ECONOMY
What 4 Analyst Ratings Have To Say About Group 1 Automotive
benzinga38d ago

What 4 Analyst Ratings Have To Say About Group 1 Automotive

Latest Ratings for GPI DateFirmActionFromTo Mar 2022Morgan StanleyMaintainsEqual-Weight Nov 2021Morgan StanleyMaintainsEqual-Weight Aug 2021Morgan StanleyMaintainsEqual-Weight View More Analyst Ratings for GPI View the Latest Analyst Ratings Importance Rank: 1 read more

#TECH
Simplification and adaptation will not be a luxury but crucial
hellenicshippingnews38d ago

Simplification and adaptation will not be a luxury but crucial

Port projects in the European Union face significantly longer permitting timelines compared to competitors in neighbouring regions such as the Southern Mediterranean or the United Kingdom. In an increasingly volatile geopolitical and economic environment, the ability to deploy projects rapidly is no longer a procedural matter — it is a strategic necessity for maintaining Europe’s ...

#ECONOMY
Range of macro tools to keep economy on track
hellenicshippingnews38d ago

Range of macro tools to keep economy on track

China’s strategic priorities for the next five years will center on developing new quality productive forces and boosting domestic demand, according to the recently unveiled Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan for National Economic and Social Development. While it is undoubtedly crucial to concentrate ...

#ECONOMY
Vsltec introduces a flexible payment option for shipping service providers
hellenicshippingnews38d ago

Vsltec introduces a flexible payment option for shipping service providers

Vsltec, an innovative startup that provides technological solutions for the maritime industry, presents a new flexible payment option for service providers who provide services to ships anywhere in the world through its platform. The new feature allows service providers to choose between immediate payment upon completion and confirmation of the work, or payment within 30 ...

#TECH