Maersk is forecasting industry-wide capacity reduction of up to 20% for cargo shipping between Asia and Europe; Global growth in gasoline consumption is likely to slow, consulting group says; EU clears Nippon Steel’s buyout of U.S. Steel; Berkshire Hathaway trims stock holdings.

Maersk is forecasting industry-wide capacity reduction of up to 20% for cargo shipping between Asia and Europe; Global growth in gasoline consumption is likely to slow, consulting group says; EU clears Nippon Steel’s buyout of U.S. Steel; Berkshire Hathaway trims stock holdings.

Red Sea shipping disruptions getting worse, Maersk says

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The Marketplace Minute® has concluded production as of July 2024. The economy is changing so fast. It’s hard to keep up. Get the latest on what’s happening in the economy right now with two-times-a day briefings from Marketplace. More than just the numbers, we bring you the highlights from the most important stories about money, business and the economy. Subscribe to the Marketplace Minute® wherever you get your podcasts or add it to your Alexa flash briefing.

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Red Sea shipping disruptions getting worse, Maersk says

Red Sea shipping disruptions getting worse, Maersk says

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