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Day: July 9, 2010

CMA CGM close to capital injection

The world’s third-largest container shipping line looks close to receiving a capital injection from Qatar’s sovereign wealth fund after it said it expected a deal by the end of July. CMA CGM, based in Marseilles, said it needed...

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Tensions mount as San Pedro waterfront plan drags

It’s been almost a decade since the Harbor Area formally began pushing to redevelop its waterfront. And as the delays have mounted, so has the frustration. Feeling the heat, Port of Los Angeles officials now say they will...

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Archer Daniels Midland Invests In China

Archer Daniels Midland Company recently announced a strategic investment of $100 million in Agricultural Bank of China , and the opening of an office in Beijing, marking the company’s goal of encapsulating the growth...

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