Industry
Israeli golden share and Brazilian review slow Hapag-Lloyd's Zim acquisition
Hapag-Lloyd's proposed acquisition of Zim faces a full Brazilian antitrust review that may extend to March 2027, alongside an Israeli government golden share that can veto the sale.
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Industry
Zim Lifts Q2 Revenue to $1.8bn as Hapag Merger Meets Regulators
Zim reported $1.8 billion in second-quarter revenue, up nine percent, but its shares fell four percent after Brazil's competition authority opened a full review of the $4.2 billion Hapag-Lloyd merger.
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Industry
Houthis impose Red Sea ban as Israel and Iran exchange missile strikes
Israel and Iran trade missile strikes and Houthis ban Israeli shipping in the Red Sea, lifting Brent crude and clouding tanker traffic through the Strait of Hormuz.
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