A slump in dry bulk shipping is set to worsen as the meltdown in global commodities and too many ships free for hire rock the sector used by investors to gauge the health of world trade. Source G Captain
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Global accountancy firm Deloitte [DLTE.UL] has been hit by a sophisticated hack that resulted in a breach of confidential information and plans from some of its biggest clients, Britain’s Guardian newspaper said on Monday. Source Reuters
Due to the danger to its own drivers, Reining Transport from Hoogezand has stopped road transport in England on 1 September. “We left the table at the end of last year,” says director Gerrit Hes, “asking whether we wanted to go to England. Our drivers were often threatened. Windows were swept and the windscreen flew. ” Source Dagblad Noorden
Investors in Venezuelan securities are breathing a sigh of relief after the government once again made good on its promise to pay foreign bondholders. The nation, one of the world’s riskiest debtors, said yesterday it was having difficulty wiring a $185 million interest payment that was due Sept. 15. Officials confirmed Thursday that the money was on its way to bondholders. Source Bloomberg