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European markets close higher as Suez Canal blockage persists; Mining stocks up 4%
European stocks closed higher on Friday, following global sentiment as investors focus on the outlook for growth and inflation.
Satellite images show traffic jam caused by ship stuck in Suez Canal
This view from space captures the true scope of the maritime traffic jam caused by the massive ship blocking the Suez Canal — amid new piracy fears.
Maritime traffic jam grows outside blocked Suez Canal
SUEZ, Egypt (AP) — A maritime traffic jam grew to more than 200 vessels Friday outside the Suez Canal and some vessels began changing course as dredgers ...
Suez Canal blockage is delaying an estimated $400 million an hour in goods
Lloyd's List values the Suez Canal's westbound traffic at roughly $5.1 billion a day, and eastbound traffic at around $4.5 billion a day.
Suez blockage is holding up $9.6bn of goods a day
The stranded Ever Given mega-container ship in the Suez Canal is holding up an estimated $9.6bn (£7bn) of goods each day, according to shipping data.
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