European manufacturers including Daimler, Volvo and Renault could be hit with fines surpassing the EU record 1.4 billion euro (U.S. $1.6 billion) penalty imposed in 2012 over television-tube price fixing, according to a report from the Financial Times.
Industrial production in South Korea fell more than economists expected as weak exports and corporate restructuring of shipbuilders continue to hurt demand and business sentiment.
United States GDP grew slightly more than initially expected in the first quarter of 2016, and durable goods orders ticked up in April, according to the most recent data from the Department of Commerce.
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Kerry Logistics appoints managing director for the Benelux countries, while the Glasgow Prestwick Airport names permanent CEO.
When the new locks slide open to receive traffic for the first time in late June, the reverberations will be felt from Asian gas terminals to Great Plains farms and ports from Miami to Long Beach to Santiago.
Georgia Ports Authority elects chairman and Yusen Logistics Mexico picks new president, while Dayton Freight Lines names corporate account manager and Alliance Shippers appoints national accounts manager.