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Maersk shares sink, joins others with Iran warning

Thursday, May 17, 2018 - 01:43

A.P. Moller-Maersk has said it would shut down its business in Iran to abide with reimposed sanctions after Washington pulled the U.S. from a nuclear accord. As Ciara Lee reports, the world's largest container shipping firm also missed first quarter profit expectations and warned trade tensions and politics were clouding its outlook.

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A.P. Moller-Maersk has said it would shut down its business in Iran to abide with reimposed sanctions after Washington pulled the U.S. from a nuclear accord. As Ciara Lee reports, the world's largest container shipping firm also missed first quarter profit expectations and warned trade tensions and politics were clouding its outlook.

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Maersk shares sink, joins others with Iran warning

Thursday, May 17, 2018 - 01:43