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MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in exchange for a 33% equity stake in Mytheresa

Mytheresa (NYSE:MYTE) and Richemont (SWX:CFR) announce that they have entered into binding agreements for the acquisition of 100% of the share capital of YNAP by Mytheresa. The transaction aims to create a leading, global, multi-brand digital luxury group offering a...

European Commission Authorisation Decision on the Sale of 42.06% of the Share Capital of CLASQUIN to SAS Shipping Agencies Services Sàrl

The European commission today approved, in light of EU regulations on mergers, the acquisition of sole control of Clasquin S.A. (Paris:ALCLA) by SAS Shipping Agencies Services Sàrl (“SAS”), a subsidiary of MSC Mediterranean Shipping Company SA. As a reminder,...

Convergence around a smaller number of options during the last GHG meetings before approval, put the IMO in a strong position to drive an energy transition in international shipping

The IMO’s Marine Environment Protection Committee 82nd meeting has concluded with a large amount of work remaining. However, negotiations are still on track for an agreement on a new MARPOL text (Chapter 5 of MARPOL Annex VI) that enshrines new mid-term policy...

Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

Oil watchers are now seeing a genuine threat to crude supplies after Iran launched a ballistic missile attack on Israel, escalating conflict in the Middle East. Iran on Tuesday launched the strike on Israel in retaliation for its recent killing of Hezbollah leader...

Goldman Sachs says crude could spike by $20 on Iran oil shock

Oil prices could shoot up $20 per barrel if Iranian production sees a hit, according to Goldman Sachs. U.S. crude futures rose around 5% on Thursday and ticked higher again Friday morning on concerns that Israel could strike Iran’s oil industry in retaliation for...

Alphard Maritime Looks To Set Up A $500 Million Shipping Fund In IFSC Gift City

Alphard Maritime Group plans to set up a $500 million shipping fund in the Gujarat International Finance Tec-City (GIFT City) to become an enabler for Indian shipping tonnage, its Chairman and Promoter, Captain Alok Kumar, has said. GIFT City is India’s first...

MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) to create leading, global, multi-brand digital luxury group in exchange for a 33% equity stake in Mytheresa

European Commission Authorisation Decision on the Sale of 42.06% of the Share Capital of CLASQUIN to SAS Shipping Agencies Services Sàrl

Convergence around a smaller number of options during the last GHG meetings before approval, put the IMO in a strong position to drive an energy transition in international shipping

Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

Goldman Sachs says crude could spike by $20 on Iran oil shock

Alphard Maritime Looks To Set Up A $500 Million Shipping Fund In IFSC Gift City

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