Stories for November 5th 2022

Saturday, November 5th 2022 - 10:20 UTC
Despite “exceptional” profits, Maersk warns of “dark clouds in the horizon”

Maersk, one of the world’s largest container shipping firms, on Wednesday posted a record profit for the third quarter on the back of high ocean freight rates but also cautioned about a slowdown in demand.
Saturday, November 5th 2022 - 10:11 UTC
Half of Twitter workers to lose their jobs under Musk

Twitter workers found out Friday that their jobs were on the line as they were told not to go to the office and stay at home because all access cards had been suspended.
Saturday, November 5th 2022 - 10:08 UTC
“Ukraine's grain corridor” in the Black Sea sponsored by UN and Turkey resumes operations

Russia has finally agreed to resume the agreement allowing safe passage of Ukrainian crop exports, abruptly reversing course after Turkey and the United Nations pushed ahead with the shipments over Moscow’s objections.
Saturday, November 5th 2022 - 09:48 UTC
Ex BoE governor blames much of UK's economic challenges on Brexit

Former Bank of England governor, Mark Carney said that the fall in the pound and shrinking economy after the UK left the European Union, Brexit, had added to “inflationary pressure”.

Despite “exceptional” profits, Maersk warns of “dark clouds in the horizon”