Archive / Business - 2021
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GM CEO says making ventilators changed the company cultureThe CEO of General Motors says that the automaker learned valuable lessons last year when it stepped in to boost emergency production of ventilators to...Mazda starts accepting reservations for hand-controlled carMazda Motor Corp has begun accepting reservations for purchase of a modified SUV that can be controlled solely with the use of hands by drivers...FAB to expand international network with first branch in ChinaFirst Abu Dhabi Bank (FAB), the UAE's biggest bank by assets, will expand its international network with the opening of its first branch in China...Nutiva Unveils Vibrant New Branding; Reaffirming Purpose-Driven Leadership in Organic Culinary Food ProductsNutiva, the pioneer of organic plant-based culinary foods, announced today the launch of its new brand identity that serves to more strongly connect consumers with...Five items that are going up in price and whyOfficial figures are expected to confirm what we all know, or have suspected, from experience in recent weeks - that the cost of living is...Dubai Airshow: Flydubai to return to profit in 2021, CEO saysFlydubai, the sister airline of Emirates, expects to return to annual profitability in 2021 after gradually ramping up its operations, keeping its costs in check...Vietnam leads furniture exports, but gap is smallVietnam’s reign as the largest furniture exporter to the U.S. market appears to be only just beginning.As the coronavirus pandemic dwindled down in the first...Kaisa Group: Missed payment triggers fresh China property fearsFresh concerns have been raised about China's property sector as Kaisa Group has become the latest developer to miss a payment to investors.Kaisa said it...Countries pledge to quit coal — but the U.S., China and India are missingTwenty-eight countries have joined an international alliance dedicated to phasing out coal, but the world’s biggest polluters are not among them.The new members of the...UAE e-commerce portals gear up for busy sales season in NovemberE-commerce platforms in the UAE are gearing up for this month's major annual online shopping season, with a number of portals offering promotions to attract...Real Estate newsletter: $1 homes in ItalyWelcome back to the Real Estate newsletter, which this week is anchored by a transmission from the rolling hills of rural Italy.If Southern California home...Digi-Key Introduces "Supply Chain Transformed" Video SeriesTHIEF RIVER FALLS, Minn., Oct. 26, 2021 /PRNewswire/ -- Digi-Key Electronics, which offers the world's largest selection of electronic components in stock for immediate shipment,...Sales in AI Virtual Visor Market to Pick Up as Demand Grows in Automotive and Electronic IndustriesArtificial Intelligence Virtual Visor Emerges as Ideal Replacement for Traditional Vehicle Sun VisorThe latest study by Fact.MR on AI virtual visor market provides a meticulous...Vietnamese electronics industry continues to expandVietnamese electronics industry continues to expand| Publication date 25 October 2021 | 21:20 ICTShare Content image - Phnom Penh PostElectronics components are manufactured at 4P...Vaccine mandates in U.S. create conflict with defiant workersJosh “Chevy” Chevalier is a third-generation shipbuilder who hasn't missed a day of work during the pandemic in his job as a welder constructing Navy...Budget 2021: £2bn for new homes on derelict or unused landAlmost £2bn will be invested by the government into building new homes on derelict or unused land in England, the chancellor is expected to announce...Saudi National Bank’s third-quarter profit jumps 20% on higher fee incomeSaudi National Bank, the country’s biggest lender by assets, reported a 20 per cent jump in its third-quarter net income on the back of higher...Weak yen morphs into new threat to Japan with surging energy costsA weak yen typically serves as a boon to the export-driven Japanese economy. But when combined with surging crude oil and raw material prices, it...Evergrande shares rise on report of bond interest paymentShares in embattled Chinese property giant Evergrande opened up 6% in Hong Kong after Chinese media reported it had made an interest payment before a...Evergrande pays overdue interest on offshore bond: state mediaChina's troubled property giant Evergrande has made a key offshore interest payment a day ahead of a weekend deadline, state media said Friday, averting a...First female to head Japan labor union vows to empower womenThe first female president of Japan’s powerful labor union federation says she will work to correct the gender gap in wages and working conditions to...Boeing's 20-year outlook for aircraft demand in Middle East remains stableBoeing's 20-year forecast for commercial aircraft demand in the Middle East remained stable despite the world economy's hobbled recovery from the coronavirus-induced slowdown.More than two...Polish PM accuses EU of blackmail as row over rule of law escalates Published1 hour agoPolish Prime Minister Mateusz Morawiecki has accused the EU of blackmail in a heated debate with European Commission chief Ursula von der Leyen over the...Amazon's Jeff Bezos 'may have lied to Congress'Executives at Amazon, including founder Jeff Bezos, may have misled or lied to Congress about the firm's business practices, top US lawmakers have said.The members...China's economic growth weakens amid construction slowdownChina’s economic growth sank in the latest quarter as a construction slowdown and official curbs on energy use by factories weighed on the nation's recovery...Five US lawmakers accuse Amazon of possibly lying to Congress following Reuters reportFive members of the U.S. House Judiciary committee wrote to Amazon.com Inc's chief executive Sunday, and accused the company's top executives, including founder Jeff Bezos,...Asian shares fall as rising energy costs fan inflation fearsShares retreated in Asia on Tuesday as surging prices of oil, coal and other energy added to concerns over inflation.Benchmarks declined in Tokyo, Hong Kong...Nippon Steel sues Toyota, Chinese company over patentNippon Steel Corp is suing Toyota Motor Corp over a patent for a technology used in electric motors in a rare case of legal wrangling...China growth dips to 5% in third quarter on energy woes: pollChina's economic growth is expected to have slowed further in the third quarter, according to an AFP poll of analysts, with a mounting energy crisis...KFC Japan suspends French fry sales after running out of potatoesThere’s nothing wrong with indulging in a little comfort food after a hard week at work or school, and no doubt the mouths of KFC...How Tata Motors' $1bn fundraising could supercharge India's EV sectorIndia's electric vehicle industry has been slow to take off, despite a push by the government to transition away from internal combustion engine cars to...Sneaker investment app Rares secures new fundingRares, an online community and marketplace for investing in ultra-rare sneakers, has secured fresh funding to drive its growth.The company raised almost 4 billion dollars...‘Expat Bangladeshis in Spain contribute massively to EU economy'Bangladesh-Spain bilateral trade has reached near $1 billion. What is the bilateral trade target for the next five years?As a single country, Spain is the...Lofty prices for natural gas may fuel a swing back to oil as a power sourceWith the global push toward cutting carbon emissions, it’s tough to imagine a setback that would lead to a shift from a cleaner-burning fuel to...Sport Fashion Meets Sustainability with PXG ApparelPXG puts pedal to the metal with all things research, innovation, development, and engineering. PXG Founder and CEO, Bob Parsons, raised the bar and led...Build comprehensive trade partnership with China: expertsDhaka and Beijing should build a comprehensive trade partnership in order to facilitate Bangladesh's economic development, said speakers at a webinar held yesterday."The commerce ministry...Tulsa's Transformation Church buys Unit Corporation building for $35 millionOne of Tulsa’s largest Class A office buildings has a new owner.Locally based Transformation Church has purchased the Unit Corporation building, 8200 S. Unit Drive,...Where Does Emerson Electric Co. (EMR) Stock Fall in the Specialty Industrial Machinery Field After It Has Fallen -3.26% This Week?SPX Flow Inc (FLOW) leads the Specialty Industrial Machinery industry with an overall score of 82. FLOW is up 70.49% so far this year after...Newark electric customers offered free energy assessmentCity of Newark electric customers who complete a free online assessment can find ways to save energy, earn rewards and help Newark win Efficiency Smart’s...Cabinet to take up incentives for the auto industry on Wednesdayhe Union cabinet is likely to consider a production linked incentive (PLI) scheme for specific segments in the automobile sector on Wednesday, a person familiar...Trade, investment summit begins on October 26Bangladesh foreign ministry will extend its all-possible support to holding the week-long 'Bangladesh Trade and Investment Summit' next month.Dhaka Chamber of Commerce and Industry (DCCI)...Chinese firms to promote vanadium energy storageMajor Chinese titanium and vanadium producer Pangang Group Vanadium/Titanium Resources and the world's largest producer of high-purity vanadium products and vanadium electrolyte Dalian Borong New...Bangladesh Trade and Investment Summit to be held on Oct 26-Nov 1Dhaka Chamber of Commerce and Industry (DCCI) will host a weeklong international investment summit virtually next month to deepen Bangladesh’s collaboration with investors from six...Turning 10 in a Record-Setting Real Estate MarketAshley Anderson and Paul Hurst are celebrating 10 years of success as Anderson Hurst Associates, the award-winning real estate partnership at Berkshire Hathaway HomeServices California...Technical textile markets: product developments and innovationsThis report provides information on the latest developments in antimicrobial technologies, composites, face masks, filter media, hygiene products, manufacturing technologies, medical textiles, nonwovens, protective apparel,...Adidas launches Bob Marley inspired Ajax kitSportswear giant Adidas has partnered with the Bob Marley family on a new 2021/2022 kit for the Netherlands-based football team, Ajax.The kit features a jersey,...Women’s golf apparel takes center stage at Las Vegas PGA ShowEvery August, the PGA Fashion Show gives the golf world a preview of what is to come style-wise for spring and women's golf apparel was...Pop Up Shop returning to benefit women, kidsThe seventh Pop Up Shop -- the "upscale retail re-sale event" benefiting Women & Children First, the agency that aids survivors of family violence, sexual...Global Plastic Containers Market to Reach $92 Billion by 2027Global Plastic Containers Market to Reach $92 Billion by 2027. - Amid the COVID-19 crisis, the global market for Plastic Containers estimated at US$69 Billion...These are the best countries for sustainable shoppingA study by luxury cashmere retailer N.Peal has revealed the best countries for sustainable shopping.The study analysed the monthly searches of 64 countries, using eight...India re-emerges as rice and wheat exporterAmple domestic supplies, tighter exportable supplies from competitors and strong global demand have combined to push Indian exports for rice and wheat to their highest...None will lose job for delays in rejoining factories: BGMEA presidentThe garment workers will not lose jobs for delays in joining workplaces because of the restrictions on movement during lockdown, said Faruque Hassan, president of...Knix and Ashley Graham partner up for Knix ActiveLingerie line Knix has released its new activewear line in collaboration with model Ashley Graham.The brand, known for its practical bras and underwear, will be...Best Vision Vitamin Supplements: Buy Top Eye Health ProductsThe human body is one of the greatest miracles on earth. Every single cell contributes to performing functions in coordination with the others. The system...Coalition of Midwest business leaders pushes for immigration reformA coalition of business leaders in the agriculture and hospitality industries across the Midwest are among those pushing for Congress to pass immigration reform legislation.During...Honeywell Teams with Nexii to Help Builders Save on Construction, Energy CostsNexii Building Solutions, a green construction technology company, has named Honeywell as the exclusive building technologies supplier for new buildings; the strategic alliance will help...Russian Energy Companies Halt Oil Supplies to Naftan Refinery in Belarus Because of US SanctionsOn June 24, Russia’s state-owned oil transit system operator Transneft announced that hydrocarbon producers Rosneft and Surgutneftgaz had not reserved any pipeline volumes for transporting...Revolution Beauty announces proposed admission to AIMRevolution Beauty Group plc, has announced its proposed admission to trading on AIM and its conditional placing of 69,194,687 new ordinary shares and 118,305,313 existing...Patio furniture shortage a sign of a nation’s economic state, with delays for many goodsPeople used to go to Valley View Farms to buy five tomato plants and end up with $5,000 worth of patio furniture.This year is different....Asos reports carbon emission reductionOnline fashion retailer Asos has reported a 21 percent year-on-year reduction in operational carbon emissions per order for its 2020 financial year, September 2019 to...Japanese firm to expand business in Bangladesh infrastructure sectorTOA Corporation, a world renowned Japanese engineering company established in 1908, is planning for long to expand its operations in Bangladesh in line with the...Digital Live Trade Show 'Who's Live' kicks off next SundayWe are just days away from the launch of the 'Who's Live' digital live trade show next Sunday, which will take place from 11-12 July...A product created in Alberta hopes to reduce plastic wasteFounded by a pair of students from the University of Alberta, Ruth Pads, a menstrual product, is made from 93 per cent plant-based materials.Ruth was...Meet Baylor’s expert on fashion and the apparel industryWhen one thinks about the fashion industry, it’s easy to picture well-lit runways and shopping malls. But to Dr. Lorynn Divita, associate professor of human...A Key NASA Partner, Global Manufacturer Reaches New Horizons in Textile PerformanceWhen NASA began developing the next generation of space exploration vehicles in 1972 — the first reusable spacecraft in history — they were faced with...Primark Q3 sales soar as markets reopenPrimark has reported a jump in Q3 revenue after the company was allowed to reopen its stores amid the easing of lockdown restrictions across its...Special bracket facilitates tablet HMI for industrial machineryThe HT3P Safety Commander addresses a growing need for users who want to incorporate modern tablets into their industrial automation systems, but also need to...Inside McLaren's Castore Fashion Collab and History of McLaren OrangeOne of the premier names in luxury supercars, McLaren Automotive is now making a seriously-stylish impact in the realm of technical apparel: The iconic British...Trinitarian Congregational Church to host electronics recycling eventCongregational Church of Concord, 54 Walden St., is hosting an electronics recycling event from 9 a.m. to 2p.m. July 17. The function will be held...Vertical farm merger valued at $1.1 billionBreakthrough U.S. indoor agriculture company Local Bounti Corporation (Local Bounti) has agreed to go public through a merger with Leo Holdings III Corp. (Leo or...C4 Energy Announces The Appointment Of Coca-Cola Alum And Distribution GrowthNutrabolt, a global leader in active health and wellness announces impressive distribution growth of its leading performance energy brand, C4 Energy, to include 1,800 new...Etsy to get second-hand fashion program Depop for 1.6 billion dollarsUS online market Etsy is to acquire British second-hand fashion system Depop for 1.6 billion dollars within a Gen Z press.Etsy, a industry that specialises...Pran Agro issues internationally guaranteed Tk 210cr bondPran Agro has issued a non-convertible and redeemable relationship well worth Tk 210 crore, or perhaps equivalent of $25 million, with 100 % credit promise...Looking towards better external sector managementA trade deficit might not exactly be too undesirable even amidst the coronavirus issues when you have a healthy forex reserve, strong remittance inflow, foreign...Investors, Danone observe plant-based companyerviva, a foodstuff and agriculture enterprise already dealing with Danone SA, features raised $54 million found in collateral capital to commercialize its culinary essential oil...Soybean oil rates tick up on Bangladesh marketSoybean oil, the most-consumed cooking oil, has witnessed a fresh price hike during the past week, a significant blow to already battered consumers amid coronavirus...Real estate business appoints latest leadership on wake of deadly shootingNew brokers have been appointed to lead a Watertown real estate industry, which lost its owners in a deadly shooting previous month.Jennifer Flynn and Lorie...Amazon's Summer Fashion Sales: Best Deals on American ApparelMemorial Day is just a week or two away and Amazon's Summer Fashion Sale has deals to help you drive out the cobwebs to create...Progressive Furniture taps new accent sourceProgressive Furniture is certainly expanding its accent furniture line with a variety of product from India, a new source country for the line.At the June...Modern tools promotes SME farmers in RajshahiIblul Hassan is one of many others who've founded themselves as powerful entrepreneurs in the areas of quality seed productionsIblul Hassan, 40, has become a...30,000-Square-Foot Onsite Recycling Center Unveiled By Abt ElectronicsAbt Electronics, the major independently-owned, single-position retailer of electronics, appliances, and home goods found in the country debuted a larger recycling center, becoming more efficient...Bally Ribbon Mills Announces New Group of Advanced Textile ProductsBally Ribbon Mills announces its hottest type of advanced textile products to improve part functionality and utility. As companies demand higher sturdiness and product differentiation,...Bangladesh eyes Guinea Bissau as new export destinationBangladesh has requested Guinea Bissau, a county in West Africa, to consider accrediting a non-resident ambassador to Bangladesh at least for maintaining a normal contact...Export of textiles jumps 30pc in MarchPakistan’s exports of textile and clothing rebounded in March mainly due to value-added sectors and posted a rise of 30.4 % from a year ago,...The latest fashion of the pandemic may be the pajama setIn March 2020, Vanessa Diaz was said to be in Mexico getting married. Instead she was quarantined in her Los Angeles flat with her fiance...Matawan Residents Can Start Recycling Plastic Bags TuesdayStarting Tuesday, April 6 Matawan residents is now able to recycle plastic material bags and other pieces of plastic, as long as they are placed...Bedford Industries’ expansion sees energy efficiencyBedford Industries BB #:154097 is celebrating its 1st Earth Month getting powered by a good 100% net-zero carbon power.A recently available decision by its strength...German apparel company Adidas & Peloton to launch fresh SS21 collectionAdidas and Peloton are actually set to start the brand new SS21 collection, a type of performance have on and lifestyle pieces manufactured in collaboration...Natco Residence readies new merchandise for market weekNatco Home is wrapping up the finishing touches on the latest revamp of its headquarters showroom just with time for industry week, which begins March...Is this Minnesota county's animal unit cap killing business?About five years ago, Parker Byington and his family bought a dairy farm simply south of Lewiston, moved from Washington state and started milking cows.Today,...Nowadays jail term for trade-based money launderersBusinesspeople will be sentenced to seven years in prison if indeed they make the incorrect declaration on exports, imports and expenditure abroad as the federal...Bangladesh to seek remedy for Indonesia safeguard dutyBangladesh government will seek solution from safeguard duty imposed by Indonesia over global import of apparel and clothing products as Bangladesh’s export will not harm...Bangladesh's garment market is founded on a quirk of people psychologyNew clothes are not about clothes at all, they certainly are a proxy for social statusIt isn't unusual for an anthropologist, or a good sociologist,...Shay Sethi talks about the continuing future of fabric recyclingClothing might not one thinks of when people think of plastic material pollution. But polyester, produced from crude oil, accocunts for half the full total...Garden furniture shortage very little picnic for retailersPeople hoping to liven up their gardens, prepared for whenever we can socialise in them again, may face issues with their seating plans due to...Bright future in region for green energyAcross sectors, the COVID-19 pandemic has substantially impacted businesses large and small, sometimes forcing some localized favorites to shutter for good. But for the green...H&M & Inter IKEA Group Back Tree To Textile To Scale New Sustainable Textiles ProductionSweden-based TreeToTextile just lately invested EUR€35M (approx. US$42M) in constructing a demonstration plant in Sweden to upscale the creation of brand-new sustainable textile fiber.Owned simply...Fast Fashion Giants Backside Bangladesh Recycling Scheme In Sector Push To Go CircularBig fashion labels are hopping over the sustainable bandwagon, backing a new recycling scheme on Bangladesh garment factories. This program will see makes like H&M,...Pre-Loved Fashion: HELPFUL INFORMATION To Shopping USED In IndiaAccording to a recently available report, the second-hand clothing market will reach US$51 billion inside 5 years and can overtake the fashion industry by 2028...Ralph Lauren-Backed Materials Enterprise Develops Plant-Based, Plastic-Free LeatherSupported by Ralph Lauren, Healthy Fiber Welding, a technology firm commercialising sustainable components for a circular economy, are going to be setting up a new...Telfar: Black-owned Fashion Manufacturer Wins Style Award For Vegan Leather Store shopping BagBlack-owned fashion label Telfar recently won a Design Museum award for creating a vegan-leather, gender-neutral shopping bag looking to redefine the stereotypical idea of luxury...Circular Manner: H&M Launches Children Collection Made From PLASTIC Collected On Indonesian BeachesAs part of its Bottle2Fashion task, H&M has partnered with Danone Aqua to transform plastic material bottle waste from the shores of Indonesia into recycled...