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Hyundai Merchant to join world’s biggest shipping alliance

  Bloomberg Hyundai Merchant Marine Co will join the world’s biggest shipping alliance, meeting all conditions imposed by creditors as the company seeks to reduce debt after years of weak global demand caused losses. It will join a grouping known as 2M starting April next year, the Seoul-based company said in an e-mailed statement on Thursday. The group, led by ...

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Is the car culture crashing?

WASHINGTON Few technological breakthroughs have had the social and economic impact of the automobile. It changed America’s geography, spawning suburbs, shopping malls and sprawl as far as the eye could see. It redefined how we work and play, from the daily commute to the weekend trek to the beach. It expanded the heavy industry — steel-making, car production — that ...

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Need to delve into root of South Sudan strife

  South Sudan rival leaders have their own doubts that the August 2015 deal midwifed by Intergovernmental Authority on Development (IGAD), a regional body, and troika, led by US and the UK, would work. They cited some weaknesses in the accord that the frustrated mediators who were in a hurry to clinch the deal, overlooked. Among those doubts though not ...

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