Through the first ten months of 2023, the Port has processed 7,123,900 TEUs, which represents a 16.6% drop-off when compared to the same period in 2022.

While the impact of the Israel-Hamas war has been contained so far, markets have been wary that the fighting will draw in other nations in the region, particularly Iran.

The mine-sweeping force wouldn’t be considered a NATO operation but would be the first major combined action of Black Sea allies since President Vladimir Putin ordered the war on Ukraine.

German manufacturers exported around 2.6 million new passenger cars in the 10 months through October, up 22% year over year.

Polish firms say the vast majority of trade has been taken by Ukrainians since the passes were abolished by Brussels.

The funding includes £2 billion for the automotive industry, £960 million for clean energy and £975 million for aerospace, the Treasury said.

The announcement comes just one day after sources said that Eli Lilly was planning to build the facility for $2.17 billion.

The agreement was signed by the Philippines’ energy secretary and U.S. Secretary of State Antony Blinken November 16 in San Francisco, California.

The approval locks in the UAW’s deal with Stellantis through April 2028 and includes a 25% wage hike over the life of the contract.

Peter Dilnot, who takes over as Melrose’s chief executive officer in March 2024, said that while the supply hitches are boosting after-market demand, they’re limiting planemakers’ ability to build jets.