maersk cuts 9% of asia-europe capacity to restore profitsmaersk line, the world’s largest container carrier, said it will cut 9 percent of its shipping capacity on asia to europe, its largest trade route, in an effort to restore profitability.dealbook: in latest greek bailout, warning signs for europegreece's 130 billion euro bailout highlights the weaknesses in europe's response to the sovereign debt crisis, problems that could flare up and undermine recovery efforts in countries like italy, spain, ireland and portugal.china reiterates it is willing to help europebeijing (reuters) - china is willing to help europe to solve its debt problem, a chinese foreign ministry spokesman said on tuesday after the euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for greece. "we support the eu efforts in addressing the euro debt problem. we are always confident in the euro," hong lei, china's foreign ministry spokesman said at a regul...greece bailout wards off europe meltdownthe bailout has saved europe, for now, but it's unlikely to save greece. |
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