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Shares Sink at Shipbuilding Giant Hyundai

Investors reacted to Hyundai Heavy's plans to raise about $1.2bn in a fresh rights issue.

Investors reacted to Hyundai Heavy's plans to raise about $1.2bn in a fresh rights issue. Alex Younevitch is shipping editor at commodities analysts S&P Global Platts, and tells us about the challenges the shipbuilder faces. Also in the programme, Egypt has called on the World Bank to step in and resolve a dispute with Ethiopia over water from the River Nile. Heba Saleh, Egypt correspondent for the Financial Times, explains the background. In an exclusive Βι¶ΉΤΌΕΔ interview with Prince Harry, the former US president Barack Obama warns against irresponsible use of social media. Plus we hear why the value of Merino wool is on the rise.

(Picture: A Hyundai ship. Picture credit: Getty Images.)

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27 minutes

Last on

Wed 27 Dec 2017 22:32GMT

Broadcast

  • Wed 27 Dec 2017 22:32GMT