ABB will launch its new share buyback program of up to $1.5 billion on February 10, which would be up to around 27.6 million ...

CFO Patrick Jany reported a strong Q4 finish, with an EBITDA of $3.6 billion and EBIT of $2.1 billion. Free cash flow for the quarter reached $2.2 billion, supported by favorable working capital ...

A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market in the face of an intensifying trade war. The global container market will expand 4% this year, ...

S&P 500 futures pared an early gain fueled by Treasury Secretary Scott Bessent’s comment that the Trump administration is ...

Logistics & Services demonstrated resilience in 2024 with momentum building steadily each quarter culminating in volume growth, higher revenue and improved EBIT margin compared to 2023. Revenue grew 7 ...

Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year ...

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, has designated “King Salman ...

A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer ...

Revenue: Q4 of $3.33 billion vs $3.03 billion; Full year of $13.01 billion vs $12.16 billionDiluted EPS: Q4 of $1.70 vs $(1.95); Full year of $8.84 vs ...

Maersk and Hapag-Lloyd have published their 2024 financial results, with Maersk reporting a 65% increase in EBIT to USD 6.5 billion, while Hapag-Lloyd’s EBIT grew slightly to USD 2.8 billion.

Financial markets in Europe show mixed performance with UK service activity dropping, German growth rising, and Spanish PMI falling.

Maersk on Thursday reported fourth-quarter profits above forecasts and said it expects earnings this year to trail last ...