The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said on Wednesday, after the company posted a 48% fall in pretax profit due to a “more turbulent cycle.” Motor insurers …
Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot sail fully loaded, vessel brokers and commodity traders said on Monday. Shallow water is causing problems for shipping on the …
Water levels on the Rhine River are set to fall perilously close to the point at which it would effectively close, putting the trade of huge quantities of goods at risk as the continent seeks to stave off an economic …
The euro zone economy grew much faster than expected in the second quarter, but economists said it might be the economy’s last hurrah before ever-higher inflation and supply chain problems cause a mild recession in the second half of the …
Low water levels in the Rhine river may have a similar impact on German economic output as they did in 2018, according to Berenberg. That was the last year in which the river — a key waterway that’s critical for …
Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a survey released by Goldman Sachs showed on Wednesday, with a majority of firms saying the country was headed …
This content was recently published in the Blogs section of RMS’ website. It is republished here with permission. Since the early days of the COVID-19 pandemic, inflationary trends have captured news headlines around the world. Starting with the pandemic, by …
U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought …
The quality of vehicles sold in the United States fell to a 36-year low in 2022, according to automotive consultant J.D. Power, as labor shortages and supply snags continued to impact automakers. Major automakers have been struggling to deal with …
A group of U.S. solar energy project developers on Tuesday said they would jointly spend about $6 billion to support expansion of the domestic solar panel supply chain. The U.S. Solar Buyer Consortium, which includes developers AES Corporation, Clearway Energy …
