Pre-earnings: Kuehne + Nagel, the 'most attractive near-term prospect'
Tick-tock tick-tock…
As if there were any doubt that SoftBank had the financial wherewithal to double down on any investment, earlier this week came the news that the group had agreed “to spend more than $10bn to take over WeWork, (…), giving a near $1.7bn payoff to the US office-space sharing startup’s co-founder Adam Neumann to relinquish control”.
Remarkably, the rescue mission was successful despite the occurrence of hefty write-downs to its Vision Fund, which had to be expected.
Here’s who’s holding the bag for ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Hong Kong drops out of world's top 10 busiest container ports
Flexport is 'back on track' – now it needs to start growing again
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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