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SEONGNAM, South Korea -- The maintenance and repair unit of South Korean shipbuilding conglomerate HD Hyundai Group is aiming to raise as much as 742 billion won ($550 million) in what would be the biggest initial public offering on Seoul's main stock market in more than two years.
The collapse of a major Baltimore bridge and its knock-on effects could result in the biggest-ever marine insurance payout, the chair of insurance giant Lloyd's of London said on Thursday.
Trade in Seatrium shares was suspended for the news. The stock has dropped 33 per cent this year, underperforming the benchmark stock index, which is relatively flat, LSEG data showed.
TEHRAN, Iran (AP) — Iran will begin a joint naval drill with Russia and China in the northern part of the Indian Ocean, state media reported Tuesday.
A team of 21 scientists set off on an expedition in the largely uncharted waters of Bounty Trough off the coast of the South Island of New Zealand in February hoping to find a trove of new species.
Australia’s Great Barrier Reef has been hit by a major coral bleaching event, with the results consistent with patterns of heat stress that have built up over summer at the biologically diverse site, a government agency said on Friday.
