Business : Page 36

Highlights: January 17, 2024 - January 18, 2024

January 22, 2024 Events of the last week.

Surge in wheat shipments bypassing Suez Canal, WTO Wheat Dashboard finds

January 20, 2024 An increasing number of shipping vessels has been rerouted in the past two weeks to avoid the Suez Canal amid heightened security risks, causing a nearly 40% year-on-year drop in shipments of wheat through the Canal, to around 0.5 million metric tonnes, according to the WTO Wheat Dashboard.

U.S. drillers add oil and gas rigs to 620

January 19, 2024 U.S. energy firms this week added oil and natural gas rigs, Baker Hughes said.

100 Odfjell drillers to strike over three months for better working rotas

January 19, 2024 Unite the union confirmed that around 100 offshore drillers employed by Odfjell Technology (UK) Ltd working on Equinor’s Mariner platform are set to strike over three months to secure improvements to working rotas.

EU exported 32 million tonnes of waste in 2022

January 19, 2024 In 2022, the EU exported 32.1 million tonnes of waste to non-EU countries.

Compressed workweek pilot for New York City employees who cannot work remotely

January 19, 2024 New York City Mayor Eric Adams and District Council 37 (DC 37) Executive Director Henry Garrido announced a new pilot program offering DC 37 members work flexibility.

Moldova expecting first LNG shipment from U.S. next week

January 19, 2024 Moldova will buy U.S. LNG for the first time next week, Moldovan Energy Minister Victor Parlicov said on a Moldovan television channel.

Britain expands probe into Swiss fragrance firms

January 18, 2024 Britain’s Competition and Markets Authority (CMA) has expanded its investigation into alleged anti-competitive practices in the perfume sector, targeting in particular the firms Givaudan and Firmenich.

Pennsylvania AG leads 26 states in urging federal authorities to restrict usage of AI in marketing phone calls

January 18, 2024 Attorney General Michelle Henry led a coalition of 26 states in a letter to the Federal Communications Commission (FCC) emphasizing the potential harm in the use of artificial intelligence (A.I.) by telemarketers and asking the FCC to strongly restrict such usage.

Idaho looks to award over $5.0 million to strengthen food supply chain infrastructure

January 17, 2024 The Idaho State Department of Agriculture (ISDA) announced the competitive solicitation process to award over $5.0 million in Resilient Food System Infrastructure (RFSI) Grants.

NEC completes submarine cable system for India’s BSNL

January 16, 2024 NEC India together with NEC today announced the successful completion of a flagship optical submarine cable system in Southern India connecting Kochi and the Lakshadweep Islands.

Humboldt route to connect Chile, French Polynesia, and Australia

January 16, 2024 Google joined Desarrollo País of Chile and Office of Posts and Telecommunications of French Polynesia (OPT) to announce Humboldt, a subsea cable route linking Chile, French Polynesia, and Australia, the first ever to directly connect South America and Asia-Pacific.