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The surge in consumer prices in the past year exceeded 10%, Destatis has reported Inflation in Germany saw year-on-year growth of 10.9% in September, up from 8.8% recorded in the previous month, official data released on Thursday by the Federal Statistical Office (Destatis) shows.

A Singapore-flagged containership, Maersk Hangzhou, was struck by projectile fired by Houthis from Yemen on Saturday Two global shipping firms, Denmark’s AP Moller-Maersk and Germany’s Hapag-Lloyd, have extended their decision to not allow their vessels pass through the Red Sea and Suez Canal, citing security risks, according to company statements.