Commodities Market

Author name: Commodities Market Writer

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Vestas CEO on Demand, European Energy Security

Vestas beat analysts estimates for profits in the first quarter of the year, as demand for wind turbines increased. CEO Henrik Andersen joined Bloomberg’s The Opening Trade to discuss the outlook for the Danish renewable energy company, as the global energy crisis caused by the Iran war underlines the need for governments to prioritize energy security and supplies closer to home. Andersen says Europe requires more home-grown and independent energy suppliers, which bodes well for Vestas. (Source: Bloomberg)

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Odd Lots: How a US City Can Become a Manufacturing Hub (Podcast)

The residents of Allentown are still sore about that Billy Joel song. While it’s true the Pennsylvania city became synonymous with deindustrialization after the US steel industry began its decline in the 1970s, Allentown should be known for more: In the 1950s, for instance, some of the first mass-produced transistors were made in the city, which were the precursor of today’s semiconductors. The city is also a unique logistics and e-commerce hub — it’s a day’s drive from nearly 40 percent of the

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Gulftainer: Need Reliable Continuity And Resilience

Farid Belbouab, Group CEO of global port and logistics operator Gulftainer, highlights how cargo is continuing to move through alternative corridors at a time when supply-chain resilience has become critical. He explains that Gulftainer is scaling from about 2,000 containers per week to 50,000. Belbouab speaks with Haslinda Amin on “Insight with Haslinda Amin.” (Source: Bloomberg)

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