Page 2 - Corby Awards News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Corby awards. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Corby Awards Today - Breaking & Trending Today

BBCNEWS Asia July 6, 2024

rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. that is what the markets are pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to pricing supply is lost from the market. right now it is a logistical rerouting what we re seeing, and not kind of that panic and fear that we re going to lose barrels. that obviously can change very rapidly. to ....

Energy Markets , Giant L Oreal , Shipping Advisors , Asia Business Report , Suranjana Tewari , Red Sea , Supply Chain Disruptions , Consumer Groups , Oil Prices , Energy Giants , Energy Trader , Rebecca Babin , Suez Canal , Shipping Costs , Freight Costs , Insurance Costs , Pricing Supply , Panic Mode , Alex Saab , Nicolas Maduro , Government Officials , Money Laundering Charges , United States , 350 Million , 50 Million , Leonard Glenn ,

BBCNEWS Asia July 6, 2024

the southern tip of africa. appliance company electrolux is also setting up a taskforce to find alternate routes, while ikea is warning of potential product shortages. ryan petersen from the supply chain management company flexport told me more about how the disruption is already impacting businesses. it s just getting started. over the weekend and through today we have had all ten of the top container shipping lines in the world, representing about 95% capacity, have begun to divert vessels to avoid sailing through the red sea and to go around the tip of africa, as you said. it takes about 25% longer to go that way from asia to europe and, well, 25% reduction in supply of shipping, we re going to see huge delays, obviously, but also big price increases because, well, it s a supply and demand and if the supply comes down 25%, one thing we have learned in the last few years is a small destruction and supply can lead to a huge swing in price. are small disruption in su ....

Shipping Rates , Suez Canal Disruption , Indian Premier League , A Million , 3 Million , Farewell To Forest , Welcome To Asia Business Report , Shipping Disruptions , Suez Canal , Mariko Oi , Global Trade , Potential Product Shortages , Supply Chain Management , Ryan Petersen , Container Shipping Lines , Red Sea , Asia To Europe , Oil Prices , United States , Us Navy , The Roots , Military Taskforce , Competition Regulator , 20 Million Dollars , 20 Million , Federal Court ,

BBCNEWS Asia July 6, 2024

routes in the area. there have been concerned the israel hamas would widespread the region. these are two of the world s biggest choke points. the situation has come to a head because two big shipping companies, maersk, the container company and hapag lloyd another big shipping container company have both announced that they would stop sending shipping through the babar el mandeh strip. you have to make a longer passage through the cape of good hope, this might add nine days or six days to the united states. forships days or six days to the united states. for ships traversing from the atlantic to the pacific ocean through the panama canal there are additional issues, let s hear from the independent economist cornelia meyer. cornelia meyer. when you look at trade from cornelia meyer. when you look at trade from shanghai - cornelia meyer. when you look at trade from shanghai to - cornelia meyer. when you look at trade from shanghai to new| at trade from shanghai to n ....

Shipping Traffic , Suez Canal Attacks , Red Sea , Viewing Data , Suez Canal , Asia Business Report , In The Red Sea , Shipping Firms , Choke Points , Hapag Lloyd , Cape Of Good Hope , Shipping Container , Babar El Mandeh Strip , Panama Canal , United States , Pacific Ocean , At Trade , Cornelia Meyer , Us Go From Asia , East Coast , New York , Suez Canal Authority , The Go From Asia , 19 November , Nahrendra Modhi , Diamond Exchange ,

BBCNEWS Asia July 6, 2024

around 0.32%. some reprieve, but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now it is a logistical rerouting, what we re seeing, and not kind of that panic and fear that we re g ....

Prisoner Swap , Shipping Advisors , Suranjana Tewari , Red Sea , Asia Business Report , Supply Chain , Oil Prices , Energy Giants , Energy Trader , Rebecca Babin , 0 32 , Shipping Costs , Suez Canal , Freight Costs , Insurance Costs , Panic Mode , Sri Lanka , 00 Million , 800 Million , Business Correspondent , World Bank , 50 Million , 250 Million , Foreign Exchange Reserves , Asian Development Bank , Doesn T ,

BBCNEWS Asia July 6, 2024

in north america, which is its largest market fell 5%. in china, and other key market which is slowly recovering from a footwear sales were down i%. now, on the bright side, if you take footwear sales together with nike set sales of footwear in north america, which is its largest market fell 5%. in china, and other key market which is slowly recovering, footwear sales were down i%. now, on the bright side, if you take footwear sales together with like equipment and apparel, overall, that generated a total revenue of $13.39 billion. that s up 1% from a year ago. nike executives said they are working to improve things announcing $2 billion in cost cuts over the next three years. the sneaker giant plans to simplify its product line up. it wants to increase its use of technology and to streamline the overall organisation. the plan is going to cost the company 400 million to $450 million. the boss said we are embracing a company wide journey to invest in our areas of greates ....

Suranjana Tewari , Sportswear Company , Market Expectations , 2 Billion , New York , Taste Maker , Michelle Fleury , Sneaker Giant , Closing Bell , Mainland China , Key Market , Footwear Sales , North America , Nike Set Sales , 3 39 Billion , 13 39 Billion , The Company , Product Line Up , 400 Million , 6 Billion , 50 Million , 450 Million , Losing Streak , Retail Giant , Naval Protection Force , In The Red Sea ,