Industrials

Labor unions and employers in Norway have successfully negotiated a 5.2% wage increase.

Despite a slight dip in average interest rates for 30-year fixed-rate mortgages, weekly mortgage demand remains stagnant, with fewer applicants seeking loans for refinancing or home purchases...

UPS will manage the majority of air cargo transportation for USPS. The contract between the two entities is set for a minimum of five and a half years...

United Airlines requests pilots' unpaid leave due to Boeing delivery delays, impacting aircraft deliveries and forecasted block hours for 2024...

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American private equity firm Jordan Company has put up for sale its chemical management business Haas Group International. Sources estimated that the deal could be valued in between USD500 million to

The GBP875,000 loan extended by property and technology entrepreneur Andrew Ruhan to his brother Gabriel, who runs Strategic Natural Resources, was intended to pay off creditors.

Russia's No. 2 oil producer Lukoil is looking to put up for sale its 20% stake in a Russian consortium developing a large oil project in Venezuela. Lukoil is in talks with international players after

Queensland-based coal mining company Carabella Resources Ltd received a hostile bid from private Chinese firm Wealth Mining, which already owns an 11.06% stake in the Australian mining firm.

Beijing Interoceanic Canal Investment Management Co announced the joint venture of billionaire Wang Jing and Ukrainian partner Kievgidroinvest LLC to construct an economic development zone and port on

Total, Europe's third-biggest oil company, will purchase a 61.3% stake in InterOil Corp.'s liquified natural gas project in Papua New Guinea. The acquisition deal is worth USD3.6 billion.

Vale SA, the world's largest iron-ore producer is considering to sell its holdings in its coal and fertilizer divisions. The Brazilian mining giant is also looking to sell its stake in a steel-slab pl

Multinational conglomerate General Electric Co. intends to proceed with its project to construct a manufacturing site near a port in Rio de Janeiro. The port is being built by LLX Logistica, which was

New Orleans-based offshore service vessels provider Tidewater Inc is investing USD30 million to start its subsea operations business, Tidewater Subsea, located in the Gulf of Mexico.

A boom in Chinese internet stocks helped propel San Francisco-based hedge fund to double digit gains this year when other hedge funds have given dull returns, according to a Reuters report.

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Industrials

Norway Labor Unions Successfully Negotiated a 5.2% Wage Increase, Avoiding Major Strike

House Purchase Applications Continue To Dip As Mortgage Rates Remain High

UPS Lands Primary Air Cargo Deal with USPS as FedEx Ends 20-Year Partnership

United Airlines Urges Pilots to Take Unpaid Leave Amid Boeing's Production Woes Affecting Aircraft Deliveries

Union Strike at Molson Coors Escalates as Negotiations Collapse Over 5 Cents Pay Increase Offer

Baltimore Bridge Ship Crash Shuts Down Port, Disrupts Shipments: Will Consumer Goods Prices Surge?

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