Shane Heath News Today : Breaking News, Live Updates & Top Stories | Vimarsana

it happened late on tuesday and is the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels and ships are now avoiding the red sea, which accounts for 12% of global trade. it's led to a near doubling in the cost of container shipping. the attackers say they'll continue to target vessels until palestinians in gaza are allowed sufficient food and medicine. michelle bockmann is principal analyst at the maritime analysts lloyd's list intelligence. thank you...

thank you very much. we start with the shipping crisis in the red sea. yemen's houthi militant group has claimed responsibility for yet another attack on a container vessel, this one belonging to the french shipping line cma—cgm. it happened late on tuesday — despite the presence of the us navy in the area and it's the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels are now ships are now avoiding the red sea, which accounts for 12% of global tr...

biggest shipping firms, maersk and hapag—lloyd. later today, the un security council is expected to meet and produce a diplomatic response. the red sea accounts for 15 percent of the world's shipping and plays a crucial part in the global supply chain. uk companies have been telling the bbc that shipping delays could push up prices. let's speak now to zvi schreiber, the ceo of freightos, an online marketplace for the international shipping industry based in israel. one in five might not sound that dramatic. is it? well, yes, it's usually dramatic. to put in context, there's about 4...

i'm sally bundock with the top business stories. and we begin here in the uk where, as you've been hearing, the nhs in england is braced for six days of strike action starting in an hour and a half, so 7am. and this marks the longest stretch of industrial action in the history of the national health service. junior doctors have been pushing for a 35% pay rise, which they say would restore their earnings after inflation to 2008 levels, but the government says this is unaffordable. for many decades, healthcare spending in western economies as a share of gdp has always risen, but recent...

to cement its position in the top spot. the company's deliveries are the closest estimation to its sales figures. 0ur north american business correspondent erin delmore reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery—powered electric vehicles in the last three months of the year than tesla did. that's a first. the american company is facing headwinds. higher borrowing costs in the us led to slowing demand. but its lesser known chinese rival is enjoying tailwinds, including a massive do...