Tag: European shipping stocks
Impact of U.S. Port Strikes on Maersk Causes 7% Stock Slump
Shares of Moller-Maersk dropped by more than 8% when the market opened on Friday due to the conclusion of a U.S. port strike. The...
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Fed Chair Powell Urges Patience in Interest Rate Reductions
Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest...
