THE Suez Canal Authority reports that Maersk will be investing US$500 million for the expansion and modernisation of its terminal operation while Hapag-Lloyd two months ago also announced plans for a new terminal operation in Egypt.In addition, there are reports that Egypt has also entered into a...
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read moreSENTIMENT about operating in China among US businesses has plummeted to a new low, according to an annual survey by the US-China Business Council, reports the Wall Street Journal.The annual poll of member companies found American multinationals increasingly losing confidence in the near-term pros...
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