Business

22 MAY 2022 All heatwaves today bear the unmistakable and measurable fingerprint of global warming, top experts on quantifying the impact of climate change on extreme weather said Wednesday. Burning fossil fuels and destroying forests have released enough greenhouse gases into the atmosphere to also boost the frequency and intensity of many …

21 MAY 2022  The chief engineer of a large commercial bulk carrier pleaded guilty this week in U.S. federal court to two felony counts of deliberately discharging oily water near New Orleans and lying to the U.S. Coast Guard during the investigation into the oil spill. Another crewmember aboard the …

20 MAY 2022 One of the best ways to catch someone in a lie is to try and distract them while they’re not telling you the whole truth, a new study reveals. It seems that the extra cognitive effort required to construct a lie and do something else at the …

19 MAY 2022 Modern technology pulses with a heartbeat measured in microseconds. From global positioning systems to communications networks, it’s vital every component falls into near-perfect synch. Based on standards determined by a specialized task group, signals sent through optic fiber or down from an orbiting satellite tend to ensure …

18 MAY 2022 By Hrishi Olickel and Irina Carbunaru – The crew change crisis is raging on, as changing Covid-19 restrictions complicate seafarer movements – and the ripple effects may continue to spread for the next five years. The crewing crisis and the increasing safety risks of operating in a tense geopolitical …

17 MAY 2022 The Suez Canal Authority (SCA), the Egyptian state-owned entity responsible for operating and maintaining the Suez Canal, and the International Chamber of Shipping (ICS), representing 80% of world’s merchant fleet, have agreed to work towards increasing information sharing and “negotiations on the movement of global trade through the Canal” under …

16 MAY 2022 MUMBAI, May 14 (Reuters) – India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and …

15 MAY 2022  The global vegetable oils industry was stunned after Indonesia’s President Joko Widodo announced late last month that his country, the world’s largest producer of palm oil, would impose a ban on exports. While Jokowi, as the president is widely known, cited domestic shortages in cooking oil as his …

14 MAY 2022  Historically, the Arabian Peninsula has played a pivotal role in maritime trade development. It now acts as a bridge that connects South Asia’s manufacturing hubs to consumers in Africa and Europe. It provides much of the fuel, and since the start of the oil boom in the …

  13 MAY 2022 Researchers have taken advantage of a rare opportunity to study identical (aka monozygotic) twins who were separated early in life, before being raised in different countries by different families – and there are some surprising results to report. Whereas IQ has been shown to be up to …