Maersk hikes guidance as shipping costs rise on Red Sea disruption June 4, 2024 Maersk has hiked its full-year earnings guidance amid strong demand and continued disruption in the Red Sea.
Sunak: Britain launched fresh Houthi airstrikes last night – and would ‘not hesitate’ to do it again May 31, 2024 Rishi Sunak's announcement comes after Iran-backed Houthi rebels have launched attacks on ships in the red sea in a bid to disrupt international shipping.
UK economy continues recovery as services sector hits highest level of growth in a year May 3, 2024 The UK services sector saw a spike in new orders in April but cost pressures also increased at the fastest rate since August.
UK manufacturing slips back into contraction amid Red Sea disruption fears May 1, 2024 The survey confirms that the manufacturing sector slipped back into contraction after March's slight uptick. Prior to March manufacturing had been in contraction since July 2022.
Will oil prices hit $100 a barrel in 2024? April 9, 2024 Against many market bets, oil prices have risen sharply throughout the first quarter of 2024. But can prices hit $100 this year?
Meet the maritime surveillance chief tackling pirates, smugglers and Red Sea ship attacks from sleepy Bath April 8, 2024 City A.M. meets Simon Tucker. The eccentric chief executive heading up a pioneering Aim-listed maritime surveillance firm.
Braemar holds firm on full-year guidance after dramatic year March 20, 2024 Braemar's 2023 was marred with controversy after its shares were suspended for fourth months
Hapag Lloyd profit falls 83 per cent as Red Sea turmoil makes global shipping downturn worse March 14, 2024 Hapag-Lloyd profit fell 83 per cent last year amid a global shipping crisis caused by disruption in the Red Sea.
Shoe Zone blames higher costs and Red Sea disruption for ‘slower than expected’ sales March 12, 2024 Shoe Zone has blamed higher costs, the disruption in the Red Sea and "slower than expected" sales at the end of 2023 for its reduced performance in recent months.
London remains UK’s strongest region as capital powers country out of recession March 11, 2024 Despite the decrease, the figures still pointed to a "robust expansion in activity" with London remaining the strongest-performing region in the UK.