BUSINESS

The Arkas Line's Conti Basel container ship is docked in the Black sea port of Odessa, Ukraine, November 4, 2016.

Insurance Costs Of Shipping Through Black Sea Soar

Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region for vessels still willing to sail after Russia's invasion of Ukraine.
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A logo of Porsche is seen outside a Porsche car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020.

Porsche Could IPO In Fourth Quarter, Volkswagen CFO Says

Porsche's potential initial public offering (IPO) could happen as soon as the fourth quarter of 2022, the finance chief of the luxury carmaker's owner Volkswagen said on Friday, providing further details of what could become a record listing.

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