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July 11, 2024
A senior U.S. official announced that the U.S. will be forming a consortium with Canada and Finland to build icebreakers. This move is intended to boost shipbuilding among allies and to counter Russia and China's increasing influence in strategic polar regions.
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July 11, 2024
Max Maeder, Singapore's gold-medal hopeful, is the poster child of sailing's sea changes since the last Olympics. 'Foiling' classes, such as his Kiteboarding discipline, will make up half the 10 events at the 2024 Olympics, compared to only one event in Tokyo.
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July 10, 2024
Euronext Wheat Futures dropped on Wednesday, reaching a new two-week low. Improved harvest prospects and lower prices in the top exporter Russia continued weighing on sentiment. Euronext's front-month September wheat settled at 220.75 Euros…
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July 10, 2024
The rowing competitions at the Paris Games will see Britain trying to get back on top after a disappointing performance in Tokyo ended their recent reign of Olympic dominance. The British rowers won the gold medal in 2008, 2012, and 2016, but…
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July 9, 2024
British power generator SSE and network operator said Tuesday that it would proceed, along with joint venture partners, in developing a 2 gigawatt off-shore wind farm in The Netherlands. SSE stated that the wind farm will be operational by the end this decade.
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July 9, 2024
Canoeing will see some major changes at the Paris Games. The main ones are the addition of exciting kayak cross races, and a greater focus on gender equality. Some well-known athletes will return to the Games to try to increase their medal count.
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July 8, 2024
Avangrid is the U.S. subsidiary of Spain's Iberdrola. The companies announced on Monday that Avangrid has agreed to sell the Kitty Hawk North offshore lease area to utility Dominion Energy, for approximately $160 million. Dominion announced that Kitty Hawk Wind North…
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July 8, 2024
The UK's renewables sector has asked the Labour Party to increase its renewable auction budget to hundreds of millions to meet the offshore wind targets and the wider goal of decarbonising the grid. Labour won the British election last week.
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July 3, 2024
The charity that runs the ship said Wednesday that a rescue vessel funded by British street-artist Banksy was grounded in port for 20 consecutive days because it refused to obey Italian authorities' orders for migrants to disembark. The Louise…
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July 3, 2024
A spokesperson for the German economy ministry said that the government may consider supporting Meyer Werft, which is one of the largest cruise ship builders in the world. The company, which is struggling to cut costs, has planned hundreds of job cuts.
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July 3, 2024
The maritime authority reported that three people were killed and three others missing after a 17-member crew fishing boat capsized on Wednesday off the central coast of Portugal. In a press release, the maritime authority stated that "11 people…
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July 3, 2024
The commodity trader announced in a Wednesday release that Vitol had secured three LNG bunkering ships through its shipping company. The vessels were obtained through a time charter agreement of seven to ten years with Avenir LNG Limited, and…
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July 3, 2024
Investors welcomed the dovish remarks of Federal Reserve Chair Jerome Powell, and looked forward to the second round in France and the UK national elections. As of 0845 GMT the pan-European STOXX 600 Index was up 0.6%, marking a second consecutive session of gains.
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July 3, 2024
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Hipgnosis Song Management announced that its founder Merck Mercuriadis will step down from…
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July 2, 2024
Norwegian shipping company DOF Group announced on Tuesday that it had signed an agreement with Maersk Supply Service Holding to purchase a Maersk Supply Service from them for $1.11 billion. The deal was a combination of cash and stocks. In the agreement, DOF will pay A.P.
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July 2, 2024
Italian customs and police said that they intercepted two Chinese military drones disguised as wind-turbine equipment and bound for Libya. A joint statement stated that the drones had been disassembled and were hidden in six containers in the port of Gioia Tauro, in the southern region Calabria.
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July 2, 2024
The forecast track of Hurricane Beryl continues to steer it away from the major offshore production areas of the U.S. regulated northern Gulf of Mexico. Brent crude futures rose 24 cents or 0.28% to $86.84 per barrel at 10:20 AM CDT (1520 GMT). U.S.
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July 2, 2024
The U.S. The U.S. With the approval of the New Jersey project, the U.S. is now over a third way towards the 2030 target - an important part of President Joe Biden’s climate change agenda. Last year, high materials costs, high rates of interest and delays in the supply chain led Orsted…
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July 2, 2024
Federico Olivieri (29), a farm worker who had worked informally for years, was shocked to see a large building site next to his Sicilian home, with the training offered for the many specialised jobs needed. The Webuild programme is one of many 'academies…
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July 2, 2024
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Revolut's profits reached record levels last year, thanks to higher interest rates.
