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Demurrage: Causes and How to Avoid It
Importers and exporters alike try to avoid any additional costs associated with transporting a package. Demurrage, detention, and storage fees are frequently unplanned costs that might add up to vario...
Sha’Carri ban confirmed after positive drug test, suspended for one month
U.S. sprinter Sha’Carri Richardson is on a month’s suspension after the results of her drug test showed positive.The athlete may miss out on the most important event of her career after qualifying...
What is Cash and Carry Trade in Finance?
Cash and carry trade is a transaction in which a buyer takes a short position on a futures contract and a long position on the underlying asset, where the current price or spot price of the underlying...
United Technologies Corp Plans to Spinoff Otis Elevator and Carrier Heating and Cooling
Earlier this month, United Technologies Corp. (NYSE: UTX) announced that its board of directors had agreed to spinoff Carriers and Otis. With immediate effect, the company’s board of directors decla...