Drewry WCI rises further; container freight soars 16% this week

The Drewry World Container Index (WCI) has risen 16 per cent to $4,072 per 40-feet container…

North American trans-border freight down 5.6% YoY in Mar 2024: BTS

The total trans-border freight between the United States and North American countries Canada and Mexico was…

Bangladesh’s industrial production hits 4-year low: Reports

The import of capital machinery, raw materials, and intermediate goods in Bangladesh has significantly declined in…

AkzoNobel plans closure of sites in Netherlands, Ireland & Zambia

AkzoNobel has announced the intention to close the manufacturing sites of Groot-Ammers (The Netherlands), Cork (Ireland)…

Klüber Lubrication invests $17.04 mn in Mysore facility

Klüber Lubrication, a global expert in specialty lubricants, is proud to announce a significant expansion of…

J.P. Morgan revises upward forecast for China’s 2024 growth to 5.2%

China’s economy is estimated to grow by 5.2 per cent this year, according to Zhu Haibin,…

Banks in Bangladesh see significant decline in forex holdings: Reports

The volume of foreign currencies held by Bangladesh’s commercial banks hit a 14-month low in April…

Germany’s LANXESS to cut emissions with Entergy Arkansas deal

LANXESS Corporation, a leading specialty chemicals company, is proud to announce an agreement with its utility…

Australian wool market stable amid subdued activity, risk aversion

Australian wool auctions this week saw minimal changes in overall price levels. Demand for all types…

Japan’s MHI & NKG partner on efficient Bioethanol and e-Methanol tech

Mitsubishi Heavy Industries, Ltd. (MHI) and NGK INSULATORS, LTD. (NGK) will jointly develop two membrane dehydration…