Three months ago, executives of Maersk expected the container shipping market to peak and turn downward sometime in the fourth quarter.

The European Commission wants to reduce the environmental impact of packaging by mandating that producers use a minimum amount of recycled plastic in new packaging placed on the market.

Japan’s defense ministry is considering the deployment of hypersonic missiles by 2030 to boost deterrence by stepping up its counterattack capabilities, the Nikkei business daily reported on Thursday.

France is set to reduce administrative burdens for creating new-generation nuclear reactors at home amid the continent’s scramble to replace Russian energy.

Chinese President Xi Jinping meets with Pakistani Prime Minister Shahbaz Sharif at the Great Hall of the People in Beijing, capital of China, on November 2 (XINHUA)

Electricity prices in Spain rose by 32.2% during the first half of 2022, an increase of more than double the average of other EU countries (13%).

Representatives from 36 countries and the European Union met in Washington this week to strategize ways to combat “ransomware” including setting up a joint task force next year.

Finnish company Nokian Tyres announced plans to build a new passenger car tire factory in Romania on Tuesday, four days after the company sold its operations in Russia for €400 million.

A stall owner arranges vegetables at a market in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region, on July 9 (XINHUA)

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