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wwd.comHapag-Lloyd said the disruption in the Strait of Hormuz is costing the company as much as $60 million per week. CEO Rolf Habben Jansen cited higher fuel expenses and the need to reroute cargo by truck and rail. The company also reported a quarterly loss of €219 million with four…
BloombergA private credit fund overseen by Apollo reported a loss for the quarter. The fund attributed the result to declining valuations amid market volatility and weakness in certain deals. The disclosure highlights pressures facing parts of the private credit sector.
tass.comThe company said monthly active users hit 199 million. Uber also provided details on its latest quarterly earnings. The update was reported on CNBC's Squawk Box.