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North Korea opens Ninth Party Congress with optimistic message on economy
nknews50d ago

North Korea opens Ninth Party Congress with optimistic message on economy

This is a developing story. Please check back for updates. North Korea’s ruling party opened the Ninth Party Congress on Thursday, according to state media, where leader Kim Jong Un made an optimistic speech on the country’s future and vowed to fix “deep-rooted” corruption and incompetence. The Rodong Sinmun reported Friday that 5,000 party members [...]

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Saudi awarded 5 projects worth $3bln in January
hellenicshippingnews50d ago

Saudi awarded 5 projects worth $3bln in January

Saudi Arabia awarded five major projects in January with a combined value of around 11.2 billion Saudi riyals ($3 billion) covering construction and hydrocarbons. The Gulf Kingdom is also expected to award 11 new projects this month owned by the Public Investment Fund (PIF), Sabic and other public establishments, the Saudi Contractors’ Authority (SCA) said ...

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Why a German shipping deal alarms Israel’s government
hellenicshippingnews50d ago

Why a German shipping deal alarms Israel’s government

What do we know about the deal? Germany’s Hapag-Lloyd, the world’s fifth-largest container shipping line, has signed a deal to acquire its Israeli rival Zim Integrated Shipping Services for $4.2 billion (€3.5 billion). The merger agreement was signed on Monday, following advanced talks. It was unanimously approved by Zim’s Board of Directors but needs the ...

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Initial jobless claims fall, beating expectations and bolstering USD
hellenicshippingnews50d ago

Initial jobless claims fall, beating expectations and bolstering USD

The United States has seen a notable decline in initial jobless claims, according to the latest economic data. The number of individuals filing for unemployment insurance for the first time in the past week came in at 206,000, a significant drop from the forecasted 223,000. This figure not only surpassed the predicted number but also ...

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CERAWeek by S&P Global 2026 to Convene Energy CEOs, Government Officials and Business and Technology Leaders in Houston, March 23-27
hellenicshippingnews50d ago

CERAWeek by S&P Global 2026 to Convene Energy CEOs, Government Officials and Business and Technology Leaders in Houston, March 23-27

Energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities will convene March 23-27 in Houston for the 44th annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference. CERAWeek 2026 Convergence and Competition: Energy, Technology and Geopolitics will explore ideas and strategies for a ...

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France’s very low inflation rate is a major challenge for public finances
hellenicshippingnews50d ago

France’s very low inflation rate is a major challenge for public finances

French inflation persistently undershooting the eurozone’s average In France, inflation stood at 0.3% year-on-year in January, down from 0.8% in December. According to the harmonised index, it reached 0.4%, compared with 0.7% the previous month. Such a low level had not been observed since the Covid-19 pandemic, a period marked by the collapse in demand ...

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