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  • MOL realigns North American business
  • MOL (America) said Wednesday it has made changes to its North American organization, replacing its regional structure with an area-wide product management group. Under two new vice……
  • Lufthansa strike interrupts some cargo service
  • Lufthansa Airlines canceled 78 flights on Wednesday and plans to cancel 128 flights today as a strike by technical and catering workers entered its fourth day, according to news re……
  • Bush Signs Wide-ranging Housing Rescue Bill
  • President George W. Bush Wednesday signed a wide-ranging housing rescue bill that will offer up to 300 billion U.S. dollars in assistance to troubled mortgage giants and homeowners……
  • Insurance Sector H1 Investment Returns Hit 2.4%
  • Chinese insurance companies earned more than 64.87 billion yuan ($9.5 billion) from their investments during the first half of 2008, for an average return of 2.4 percent, regulator……
  • Sajjan Jindal plans deep seaport in India's Orissa
  • The Jindal South West (JSW) group is planning to invest Rs.15-20 billion to set up a deep seaport in Orissa, a top company official said here Friday. We plan to invest Rs.15-20 bil……
  • Dubai World unit seeks $1.25b loan for Gazeley
  • Dubai World's ports and free zones unit hired Citigroup Inc and Deutsche Bank AG to arrange loans for $1.25 billion to pay for its acquisition of UK warehouse development company G……
  • DP World to invest $239.5m in Australia port
  • Dubai Ports World said it signed a 40-year lease deal with the Port of Brisbane and is looking to invest A$250 million ($239.5 million) in the port in response to market demand. Un……
  • Panama, Mexican terminals sign sister port agreement
  • Officials from Port Panama City and Port of Progreso, Mexico have signed a sister port agreement and stated they want to build a Florida-Yucatan sea bridge, Panama City's News Hera……
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