Unprecedented congestion in the shipping industry has been caused by global lockdowns, an increase of nearly 20% in cargo (and cruise) ships being scrapped, then pent-up post-lockdown demand. When will it all end?
Fonterra's directors were unanimous in their decision to cap the Fonterra Shareholders' Fund and on the need for a capital restructure.
Most of the big US tech stocks have had a great run in the latest quarterly results, although Apple and Amazon have seen some downside from covid-19 supply chain disruptions.
Sky TV's turnaround plan looks solid, but can it bring its shareholders along for the ride?