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Genco Shipping & Trading Limited Takes Delivery of Supramax Vessel
Genco Shipping & Trading Limited today announced that it has taken delivery of the Genco Lorraine, a 2009-built Supramax vessel. The Genco Lorraine is the first of 13 vessels to be delivered to the Company under Genco's agreement previously announced on June 25, 2010 to acquire 13 Supramax vessels from Setaf SAS, a wholly owned subsidiary of Bourbon SA.
Read more...GE, BP, Highland Capital, Kebble, WG Trading, Freight Cartel in Court News
Three former bankers with a General Electric Co. unit that sold investment contracts to state and local governments were indicted for conspiring to profit at taxpayers expense by rigging bids, showing the broadening scope of a Justice Department investigation of municipal finance.
Read more...Shinhan Profit Rises 34% as Bad-Loan Costs Decline
Shinhan Financial Group Co., South Koreas largest financial company by market value, said second- quarter profit advanced 34 percent as the nations economy recovered and provisions for bad debts declined.
Read more...A look at global economic developments
A look at economic developments and activity in major stock markets around the world Thursday: ------ LONDON -- The FTSE 100 index of leading British shares closed down 0.1 percent, Germany's DAX fell 0.7 percent and the CAC-40 shed 0.5 percent.
Read more...US Dollar Mixed Against Majors Amid Key Economic Data
(RTTNews) - The US dollar exhibited mixed trading against major opponents after the release of some key economic reports during New York mid-day deals on Wednesday.
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