Thinking fast and slow: why high-quality data demands the right foundations
The trend towards high-frequency sensor data is increasing, but investment decisions require a truly rigorous approach, writes Christian Rae Holm, the CEO of Co...
Finance News
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Norway’s sovereign wealth fund buys stake in two RWE offshore wind farms
Norges Bank Investment Management (NBIM), the manager of the world’s largest sovereign wealth fund – often referred to as the Oil Fund – worth ove...
Kerry Logistics skyrockets in revenue and profits
Kerry Logistics Network Limited (KLN) reported a 23% increase in revenue, reaching US$7.5 billion (HK$58,274 million) in 2024 compared to US$6 billion (HK$47,40...
CIMC achieves record profit in 2024
China International Marine Containers (CIMC) announced a record profit of around US$410 million in 2024, translating to an astonishing increase of over 600% com...
BNSF attracted $4.2B investment from online rail customers in 2024
BNSF Railway says its customers invested more than $4.2 billion along its lines in 2024.Significant investments were made by customers including CJ Logistics Am...
Vattenfall gives go-ahead to build Germany’s largest offshore wind farm
Swedish utility Vattenfall has made the final investment decision for the Nordlicht 1 and 2 offshore wind farms in Germany.The construction of the Nordlicht 1 a...
Wallenius Wilhelmsen secures US$2 billion transport deal extension
Scandinavian RoRo shipping and vehicle logistics company Wallenius Wilhelmsen strengthens its partnership with an established auto original equipment manufactur...
COSCO doubles profits in 2024
COSCO SHIPPING Holdings reported a doubling of annual profits, achieving an operating revenue of RMB 233.86 billion (US$32.3 billion) in 2024, representing a 33...
China’s largest shipping line sees stunning gains in revenue, profits
China’s largest container shipping line saw massive gains in revenue and profits in 2024. Cosco Shipping Holdings reported operating revenue of $33.29 billion...
Hapag-Lloyd reports profit decline in 2024
German ocean carrier Hapag-Lloyd reported a slight increase in its 2024 earnings, with EBITDA rising to US$5 billion and EBIT improving to US$2.8 billion. At th...
Wan Hai Lines sees record revenue, profit
Container carrier Wan Hai Lines posted record revenue of $4.9 billion in 2024, from $3.03 million in 2023.The company (2615.TW), with Evergreen Marine and Yang ...
US Postal Service invites DOGE to fix structural problems
The U.S. Postal Service has authorized Elon Musk’s Department of Government Efficiency to help eliminate red tape hurting financial and operational performanc...