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SHANGHAI/BEIJING (Reuters) -SAIC Motor Corp plans to add 14 vehicle vessels in the next three years to its fleet of carriers as the state-owned Chinese automaker aims to boost sales in overseas market...

SHANGHAI (Reuters) - China's BYD plans to end production of the pouch-type batteries used in its best-selling hybrids as the automaker seeks to address durability concerns and the risk that they could...

By Jacob Gronholt-Pedersen and Megan Davies DAVOS, Switzerland (Reuters) -Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea w...

FRANKFURT (Reuters) - Container vessel operators Hapag-Lloyd of Germany and Maersk of Denmark said on Wednesday they will form a new alliance from February 2025. For Hapag-Lloyd, the tie-up, called Ge...

(Reuters) - Investor bets for European Central Bank rate cuts are excessive and possibly self defeating because they could actually hold back monetary easing, Dutch central bank chief Klaas Knot told ...

ZURICH (Reuters) - UBS's return on equity may be higher than currently expected, once the integration of its former rival, Credit Suisse, has been completed, its chairman said on Wednesday. "We have g...

FRANKFURT (Reuters) -Hapag-Lloyd and Maersk have signed an agreement for a new long-term collaboration starting February 2025 with a combined capacity of 3.4 million containers (TEU), the two shipping...

GENEVA (Reuters) - Global foreign direct investment flows could rise modestly in 2024 after a marginal increase last year due to higher investment in some European economies, the United Nations trade ...

By Maha El Dahan and Dmitry Zhdannikov DAVOS, Switzerland (Reuters) - Global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the Houthis on ships would l...

(Reuters) - The European Central Bank is on track to get inflation back to its 2% target but victory has not yet been won, ECB President Christine Lagarde told Bloomberg TV in Davos on Wednesday. Laga...