06
Feb
Feb
Maersk Shares Surge 10% as Shipping Giant Beats Profit Expectations Amid Global Trade Challenges
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Writer / 7 months
- 0
- 1 min read
Shipping conglomerate A.P. Moller-Maersk reported a stronger-than-expected quarterly profit, defying ongoing global trade uncertainties. The company’s shares jumped 10% following the announcement, as investors welcomed the robust financial performance. Despite geopolitical tensions, fluctuating freight rates, and supply chain disruptions, Maersk managed to outperform market expectations. The company attributed its success to strategic cost-cutting measures, improved […]