Indian politicians and academics cheered the Nobel economics prize awarded on Monday to Indian-born American Abhijit Banerjee, whose proud mother told visitors crowding into her apartment that he came from "a family of economists".
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INSIGHTS: Michael G. Johnson
Sea Machines Robotics CEO & President.Michael Gordon Johnson is a marine engineer, an accomplished entrepreneur and sector leader with a primary goal of building progressive and sustainable innovation for modern society. He is the founder of Sea Machin...
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Iran Urges Diplomacy, but Decries Tanker Incident
Iran on Monday urged regional powers to use diplomacy to reduce tensions including Yemen's war, but cautioned that an Iranian tanker damaged in the Red Sea last week had been hit by rockets and there would have to be consequences.Addressing a news conf...
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The Carlyle Group, Stellex Capital Complete Acquisition of Vigor, MHI
Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition of Vigor Industrial LLC and MHI Holdings LLC. In addition, Carlyle and Stellex announced…
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U.S. regulators allow genetically modified cotton as human food source
U.S. regulators on Friday gave the green light for genetically modified cotton to be used for human consumption, paving the way for a protein-packed new food source - edible cottonseed that tastes a bit like chickpeas - that its developers said could h...
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Space firm founded by billionaire Paul Allen sold to new owner
Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it was continuing operations after transitioning ownership, but did not name the new owner.
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Baltic Index Slips on Lower Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Friday, weighed down by lower capesize vessel rates, while the main index posted its first weekly rise in five.The Baltic index…
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NSRP Awards Hepburn and Sons Laser Peening Work
The National Shipbuilding Research Program (NSRP) has awarded Hepburn and Sons LLC with the “Onboard Ship Integration of Laser Peening System for Lasting Aluminum Repairs.” The project team is led by Hepburn and Sons LLC and includes LSP Technologies I...
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Port of Kiel Cruise Numbers up 33.6%
The visit of the cruise ship AIDAprima on Saturday, October 12, marked the end of the oceangoing cruise season in Kiel, and what a season it was with ship visits and passenger numbers up over 2018.In total the port was visited 174 times (2018…
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DHS, USCG Extend Contract Relief ESG for OPC
The Department of Homeland Security, in close coordination with the U.S. Coast Guard, granted extraordinary relief to the Eastern Shipbuilding Group (ESG) for the Offshore Patrol Cutter (OPC) under the authority of Public Law (P.L.) 85-804.ESG submitte...
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