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Investors wait to see Red Sea in shippers' Q1 numbers

Yemen

Investors wait to see Red Sea in shippers' Q1 numbers

European shipping firms Maersk and Hapag-Lloyd are unlikely to get a big boost from soaring freight rates due to the Red Sea crisis in the first quarter, reinforcing worries about overcapacity in the long run.

U.S., allies press UAE over Russia trade, sanctions

United Arab Emirates

U.S., allies press UAE over Russia trade, sanctions

The United States, Britain and the European Union are pressing the United Arab Emirates to show it is cracking down on firms evading sanctions imposed on Russia over the war in Ukraine, according to three sources aware of the diplomatic outreach.

Saudi woman jailed for 11 years over rights posts, Amnesty says

Saudi Arabia

Saudi woman jailed for 11 years over rights posts, Amnesty says

Amnesty International called on Saudi Arabia to free a 29-year-old fitness instructor it says has been sentenced to 11 years in prison for her choice of clothing and social media posts urging an end to the kingdom's male guardianship system.

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