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December 21, 2024
Both pilots were forced to evacuate after the U.S. military accidentally shot down one its fighter planes over the Red Sea on Sunday morning. U.S. Central Command released a statement saying that both were rescued with one suffering minor injuries…
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December 20, 2024
The Israeli military claimed that it did not intercept a Yemeni missile which fell early Saturday morning in the Tel Aviv/Jaffa region. According to the ambulance service, 14 people suffered mild injuries. The ambulance service reported that…
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December 20, 2024
TotalEnergies announced on Friday that it had completed the planned purchase of a majority stake in two offshore wind project in Denmark which recently received construction permits. The French energy company now owns an 85% stake in a 240 megawatt (MW)…
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December 20, 2024
The Greek coastguard reported that eight bodies were recovered from the sea by Greece after their speedboat collided into a coastguard vessel which was pursuing them off the island Rhodes in the early hours of Friday morning. The coastguard stated that 18 people have been rescued…
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December 20, 2024
Sources and LSEG shipping information showed that a second shipment of 54,000 metric tonnes of Russian wheat, out of the 430,000 Egypt purchased in September, left the port at Novorossiysk last Friday. The Russian agricultural watchdog confirmed…
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December 19, 2024
Two sources familiar with this matter said that the Black Sea CPC blend oil exports via Caspian Pipeline Consortium's (CPC) pipeline will remain at 1,43 million barrels per days (bpd) for January, the same as the plan from December. Sources…
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December 19, 2024
The British government announced that the Spanish shipbuilder Navantia would acquire the shipyards owned by Harland & Wolff in Belfast, a company most famous for its Titanic-building work. The British government announced that the deal is subject…
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December 19, 2024
The Italian Economy Ministry announced on Thursday that a consortium led by it has submitted a 700-million-euro ($733-million) binding bid for Telecom Italia (TIM)'s Sparkle submarine cable unit. The Ministry is bidding against Retelit, a Spanish…
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December 18, 2024
European traders claim that Algeria's state grain agency OAIC purchased durum wheat at an international auction on Wednesday. Uncertainty surrounded the volume of goods purchased. Initial estimates by traders put the volume of purchase between 350…
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December 18, 2024
The national guard reported on Wednesday that the Tunisian Coast Guard had recovered the bodies 20 African migrants after their boat sank just off the coast. This is the second drowning of migrants in one week. The Tunisian coast guard recovered nine bodies last Thursday.
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December 18, 2024
Textron, the Cessna jet manufacturer, said that it is looking at strategic alternatives to its Powersports line of products due to persistently low demand. Under the Arctic Cat brand, the Powersports division, part of Textron Specialized Vehicles' Industrial segment…
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December 17, 2024
A spokesperson for Thyssenkrupp said that a spinoff was the best option to divest its defence business. This came after a German paper reported on Tuesday that several bidders had submitted offers for the unit. Carlyle, the German state lender…
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December 17, 2024
Prysmian, an Italian company, signed a framework deal on Tuesday with French electricity grid operator Reseau de Transport d'Electricite to connect two offshore turbine farms to the French transmission network. The deal could be worth up to 700 million euros.
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December 17, 2024
Fincantieri, an Italian company, and Sparkle, a unit of Telecom Italia that deals with submarine cables and surveillance systems for telecommunications cable networks in the oceans have agreed on developing solutions to monitor and protect these cables.
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December 17, 2024
On Tuesday, traders reported that Bangladesh's state grain buyer had issued an international tender for the purchase of 50,000 metric tonnes of rice. The deadline to submit price offers is January 1. According to the Agriculture Ministry, floods…
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December 17, 2024
Developer European Energy announced on Tuesday that the Danish Energy Agency had granted a permit for construction of the 240 megawatt (MW), Jammerland Bugt, offshore wind farm. The project is scheduled to begin operating in 2029. The project…
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December 17, 2024
Initial assessments indicate that seven trading companies have participated in the international bid on Tuesday by Jordan's state grain buyer for 120,000 metric tonnes of wheat. Participants are believed to include CHS, Cargill Viterra, Ameropa Cereal Crops, and Buildcom.
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December 17, 2024
The Iranian judiciary’s Mizan News Agency reported on Tuesday that Iran will auction off two seized oil tanks involved in oil smuggling. Mizan quoted a judiciary official saying that "Two oil tanks Sagha 2... and Ariana... would be sold at the auction".
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December 16, 2024
On Tuesday, the mayor of Taiwan’s capital city told Chinese officials that he wanted peace and less "howling of ships and planes" around the island. He said dialogue is better than confrontation. China, which views democratically-governed Taiwan as its own territory…
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December 16, 2024
Jake Sullivan, U.S. National Security Advisor, said that the AUKUS nuclear submarine partnership between Australia and the United States will be beneficial to the United States. It is also the type of "burden-sharing" deal Donald Trump talked about.
