BMW to file damage claim against carriers in cartel case

Several of the shipping companies involved in a price fixing case concerning transportation of cars can look forward to a damage claim from German auto maker BMW. The German firm is filing a case in South Africa, according to Business Report.

Photo: Ritzau Scanpix/Matthias Schrader

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Trade war inches closer in US-China tariff clash

US President Donald Trump has signed a tariff on Chinese goods into force. According to the US president, China's trade surplus is "out of control." Restrictions on trade could trigger severe negative consequences for global trade, warns Maersk.

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