If the strike continues toward the end of the year, a credit rating downgrade is more likely, according to S&P. 

Political factions and the powerful German trade union Ver.di opposed the Hamburg deal, saying it would cost jobs and cede control of the port to a foreign company.

The diversions come as European futures jumped on concerns about increased risk to supplies in the Middle East, just as the heating season gets under way.

By 2054, JKIA is expected to handle 32 million passengers and nearly one million tons of cargo, compared to 8.6 million passengers and 367,000 tons of cargo currently.

The demand for action on underwater radiated noise from ships has significantly increased over the last few years, due to its negative effects on marine creatures and the environment.

The government said the plans would create 4,000 jobs and support 50,000 others.

If the IMO goes ahead with a global, mandatory pricing mechanism for greenhouse gas emissions, it will be a world first, according to the World Bank.

The ­businesses say introducing the charge for EVs will hinder the already sluggish take-up of electric vans used for deliveries to homes and businesses.

While the ILA and USMX found common ground on wages, the remaining issues may prove to be thornier ones.

Faulty parts that could cause the 737’s rudder control system to jam may be in use by at least 40 non-U.S. carriers.