Latest News for: Euro ship

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Keys brothers of Tyrone unlock $1bn Euro Auctions sale

The Irish Times 15 Oct 2021
Keys, along with three of his brothers, has just presided over the sale of his family business, Euro Auctions, for $1 billion in cash to larger Canadian peer Ritchie Bros ... Keys plays down the impact on Euro Auctions, beyond an increase of up to 1 per cent in shipping costs and a “storm in a teacup” before the company’s first Leeds auction this year.
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The Mega65: A Modernization of the Canceled Commodore 65 Computer From 1991

Slashdot 14 Oct 2021
Slashdot reader TommyROM writes. The Commodore 65 was a never-released computer slated to follow the fabled Commodore 64 from 1982 ... Now an updated version of the Commodore 65 has been realized ... They are currently taking pre-orders for the Mega65 at a price of 666.66 euros ($742 plus shipping) ... .
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LVMH growth slows as comparisons get tougher

Straits Times 13 Oct 2021
Analysts had expected a gain of 21 per cent ... LVMH said it's confident that the current growth will continue ... The U.S ... Overall, LVMH's 9-month sales of 44.2 billion euros have surpassed 2019 levels. Mr Guiony added that LVMH is experiencing an increase in shipping costs which the group can absorb thanks to its solid margins ... More on this topic. � ....
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Attica Group planning to absorb ANEK

Ekathimerini 12 Oct 2021
Such a merger would meet several objectives at once, as it would resolve problems in ANEK’s finances and save the historic Hania-based coastal shipping company, whose enterprise value may reach or exceed 1 billion euros within three years.
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Cosco completes increased stake in Piraeus Port Authority

Seatrade Maritime News 12 Oct 2021
... Cosco Shipping after an amendment to a previous concession agreement ... Under a 2016 privatisation deal, Cosco Shipping bought a 51% stake in the PPA for Euro 280m ($313.6m) and committed to mandatory investments worth about EUR294m over five years to buy an additional 16% stake.
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Is Europe’s Entire “Energy Crisis” Manufactured? – Putin vs. Davos

The Liberty Beacon 10 Oct 2021
As Luongo says, if the crisis isn’t resolved fast, then Germany should (and likely wants to) leave the euro, where its own deutsche mark would do far better ... Germany needs to either control the purse strings of the EU, or it needs to leave the euro-zone and be independent of the sinking ship ... the dollar in the near term but outcompete the euro.
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Cerberus collects $631m on German shipping loans housed in Dublin firm

The Irish Times 09 Oct 2021
Cerberus Capital Management, a US buyer of distressed assets globally, uses a complicated network of Irish entities to hold loans secured on billions of euros worth of foreign assets such as ships and property in Germany, Spain and Portugal, according to a raft of company filings in Dublin this week.
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European Energy Crisis — And Is that Gas You Think You’re Burning?

GlobalResearch 08 Oct 2021
Moreover, Putin also urged Gazprom, as a gesture of good faith despite his misgivings, to ship gas through Ukraine even though it would be better to turn on other capacity ... Germany needs to either control the purse strings of the EU or it needs to leave the euro-zone and be independent of the sinking ship.
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Greece completes transfer of 16% stake in Piraeus port to COSCO

Ekathimerini 07 Oct 2021
Under a 2016 privatization deal, COSCO Shipping bought a 51% stake in Piraeus Port Authority for 280 million euros and committed to mandatory investments worth about 294 million euros over five years to buy an additional 16% stake.
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"There could be a shortage of lemons in the second part of the campaign, both ...

Fresh Plaza 06 Oct 2021
"To this we must add the beginning of the campaign in Turkey." ... That caused the price of lemons to rise. In Europe, prices have stood at 1.70-1.80 Euro per kilo and even reached 2.10 Euro at the end of July. This caused Argentina, which was shipping lemons to Asia and the United States, to start exporting its fruit to Europe," says Francisco ... Spain.
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Chinese Company COSCO Gets Bigger Stake Running Piraeus' Port

The National Herald 01 Oct 2021
Under a 2016 Greek privatization deal when the former Radical Left SYRIZA was in power, COSCO Shipping got the majority stake for 280 million euros ($324.48 million) and since then has made the port one of the busiest in Europe ... Shipping ...
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Parliament paves way for Cosco to raise its OLP stake

Ekathimerini 01 Oct 2021
Greek lawmakers on Thursday approved an amended deal with Chinese shipping group Cosco ... Under a 2016 Greek privatization deal, Cosco Shipping bought a 51% stake in Piraeus Port Authority (OLP) for 280 million euros.
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Crucial decision looming for Ireland on corporation tax

RTE 01 Oct 2021
The coming week could be a huge one for businesses in Ireland, particularly large domestic and multinational firms ... Remind me about why change is being sought? ... So where does the OECD come into it? ... The rate would apply to companies with turnover above a €750 million threshold, with only the shipping industry exempted ... .
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Analysis: From chips to ships, shortages are making inflation stick

Reuters 30 Sep 2021
LONDON, Sept 30 (Reuters) - Soaring gas prices, staff shortages, a lack of ships -- price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory ... Gas and electricity make up 4.8% of the euro area harmonised-inflation (HICP) basket used by the European Central Bank.
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