Archive / february - 2024
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Trends, Analysis, and Market Insights in the Wooden Panel Furniture IndustryIn the expansive realm of the furniture industry, there's a notable uptick in interest surrounding wooden panel furniture. This surge is not just confined to...Indian curbs to propel Pakistan's rice exports towards record highPakistan's rice exports are likely to jump to a record high in the year ending in June as rival India's decision to curb its own...India navy rescues two hijacked vessels off Somalia coast in two daysIndian naval forces have rescued two hijacked vessels off Somalia's coast as fears grow over a possible resurgence in piracy in the area.The rescues by...
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Elon Musk bashed by heavy metal drummer who cost him $56 billionElon Musk suffered one of the biggest legal losses in U.S. history this week when the Tesla CEO was stripped of his $56 billion pay...India seeks to boost stagnant oilseed output to cut expensive veg oil importsIndia would step up efforts to boost local oilseed production, the finance minister said on Wednesday, as part of plans to cut pricey imports of...
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Global Woven Fabric Market Surges with Industry Trends & Construction InsightsThe global woven fabric market is currently experiencing significant growth, revealing new insights into its construction methods, the sourcing of textile materials, key suppliers, and...EU states greenlight landmark new AI rulesEU member states have approved landmark rules on reining in artificial intelligence, after tough last-mile negotiations on the legislation billed as a world first.Brussels first...Dubai and Abu Dhabi among 10 wealthiest Brics citiesDubai has been ranked as the third wealthiest city among the Brics group of nations, while Abu Dhabi placed 10th on the list, according to...
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Unveiling the Dynamics of Garment Accessories Shaping the Future of FashionIn the ever-evolving landscape of the fashion industry, the spotlight is now shining on an often-overlooked player – Garment Accessories. These subtle yet impactful elements...Boeing in ‘last chance saloon’, Emirates boss saysThe boss of Emirates Airlines has warned Boeing is in the "last chance saloon", saying he had seen a "progressive decline" in its performance.Boeing has...Indonesia 2023 GDP growth slows to 5.1%Indonesia's annual economic growth fell slightly, but remained solid at 5.05 per cent last year, as exports contracted amid falling commodity prices, data from the...
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Unlocking Opportunities in the Thriving China Business LandscapeIn today's dynamic global economy, China stands as a powerhouse, offering a myriad of opportunities for businesses worldwide. From sourcing products to expanding market reach,...Sri Lanka approves lifting some limits on rupee conversion for outward remittancesSri Lanka has approved gradually lifting some limits on converting rupees to foreign exchange for outward remittances and the new directions will be presented to...Why are Indian digital payments company Paytm’s shares freefalling?The share price of One97 Communications, the parent firm of Indian digital payments company Paytm, fell sharply on Monday morning, hitting the new lower circuit...
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Indian Textiles Industry is a Booming Sector Driving Global TradeIndia's textile industry is a key player in the global market, contributing significantly to economic growth and international trade. With its diverse range of garment...TeamViewer posts Q4 beat in revenueGerman software developer TeamViewer reported higher-than-expected fourth-quarter revenue on Wednesday, helped by partnerships with tech companies such as Siemens.Quarterly revenue rose 8 per cent from...Big brands hit by consumer boycotts over Israel-Gaza warSeveral global brands are experiencing boycotts by consumers amid allegations that they are picking the “wrong side” in the Israel-Gaza war.With McDonald's and Starbucks reporting...
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Navigating the Modern Workspace with Trends and Insights in Office SuppliesIn the realm of modern business, the efficiency of office spaces is paramount to productivity. Whether it's bustling corporate headquarters or remote home offices, the...Disney: Chief executive Bob Iger bets on Fortnite and Taylor SwiftDisney's chief executive, Bob Iger, has announced a series of moves which he hopes will bring "significant growth" to the entertainment giant.The plans include streaming...Philippines' San Miguel-led group makes top offer in airport bidA consortium led by Philippine conglomerate San Miguel Corp offered to give the national government 82 per cent of airport revenues under its bid to...
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Printing and Packaging Paper Industry Insights and Market TrendsIn today's ever-changing business world, the demand for printing and packaging paper remains strong, shaping global markets across various sectors. From retail to healthcare, businesses...US says it dismantles 'Warzone RAT' malware service, suspects arrestedU.S. authorities on Friday said they had seized websites used to sell cybercriminals malware called "Warzone RAT" that could be used to steal data from...Apple to settle trade secrets lawsuit against chip startup RivosApple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computer-chip technology, according to a joint court...
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Exploring Chemical Product, Manufacturer, and Supplier DynamicsUnlocking the potential of chemical agents is vital in today's industrial landscape. These agents serve as catalysts, accelerating reactions and improving product quality across various...Meta reviewing use of word 'Zionist' amid Israel-Hamas warMeta on Friday confirmed it is assessing when the word "Zionist" should be deemed hate speech as online anti-Semitism escalates amid the Israel-Hamas war.The tech...Chocolate - Cocoa price hits record high as El Niño hurts cropsGlobal cocoa prices have hit a fresh record high as dry weather hurts crops in West Africa.Cocoa prices on the New York commodities market reached...
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Turkish Textiles is a Booming Industry Fuelling Global Fashion TrendsTurkish textiles are gaining prominence globally, fueled by the country's vibrant marketplace and rich cultural heritage. From traditional craftsmanship to modern technology, Turkey provides a...Tesla temporarily slashes prices for some Model Y cars in the USTesla Inc has temporarily cut prices of some of its Model Y cars in the U.S. until Feb. 29, less than a month after the...Xiaomi says India's scrutiny of Chinese firms unnerves suppliersChina's Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by...
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As demand surges, global markets experience shifts in pneumatic tools landscapeIn the ever-evolving reign of industrial machinery, pneumatic air tools have emerged as indispensable assets, driving efficiency and productivity across various sectors. From automotive assembly...Banks 'bullish' on GCC economy despite Israel-Gaza warEconomic growth prospects for the GCC remain "extremely bullish" due to an influx of global capital and talent, despite challenges posed by the Israel-Gaza war,...Judge orders Musk to testify in SEC probe of his $44 billion Twitter takeover in 2022A judge has ordered Elon Musk to testify for a third time as part of the Securities and Exchange Commission’s investigation into his $44 billion...
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Exploring Passive Components - Insights into Electronic Components MarketIn today's digital era, passive components like capacitors, resistors, and inductors are fundamental to electronic circuits. They regulate electrical currents, store energy, and filter signals,...India stumped on how to cut PhonePe and Google dominance in paymentsIndia is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country's ubiquitous UPI payments network,...India's Modi hails 'unprecedented' UAE ties ahead of temple openingIndian Prime Minister Narendra Modi on Tuesday said ties with the UAE had reached "unprecedented heights" as he started a visit to inaugurate the Middle...
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Paper Products Market - Shifting Towards Sustainability Amid Growing DemandThe paper products market is undergoing a significant transformation. With a heightened focus on sustainability and environmental consciousness, businesses worldwide are reevaluating their sourcing strategies...Mexican regulators tell Amazon to wall off Prime TV, reveal its algorithms and open up deliveryMexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms and to wall off TV streaming to avoid stifling competition.Mexico’s Federal...Sony's profit rises on growing sales of music, games, pictures, sensorsJapanese electronics and entertainment company Sony Corp’s profit rose 13% in October-December on growing sales of music, image sensors and video games, the company said...
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Wholesale Healthy Snacks Meeting the Growing Demand for Nutritious OptionsIn today's health-conscious world, more people are seeking wholesale healthy snacks. These snacks are in high demand due to consumers' desire for nutritious options. Bulk...India's tech sector growth rate seen halving to 3.8% in FY24 - NasscomIndia's technology sector is expected to grow at a slower pace this fiscal year as clients hold back spending and delay decision-making, its main industry...Big tech vows action on 'deceptive' AI in electionsMost of the world's largest tech companies, including Amazon, Google and Microsoft, have agreed to tackle what they are calling deceptive artificial intelligence (AI) in...
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The Growing Trend of Sustainable Timber Planks in ConstructionIn a world increasingly aware of environmental concerns, sustainable timber planks have emerged as a popular choice for construction projects. These planks, sourced from responsibly...S$4,000 SkillsFuture top-up will push workers to upskill, but employers' support is key - HR expertsA significant boost to the SkillsFuture scheme announced in Budget 2024 will likely push mid-career workers already thinking about upskilling to take the plunge, said...UAE's non-oil foreign trade hit record $953bn in 2023The UAE's non-oil foreign trade hit a record Dh3.5 trillion ($953 billion) in 2023, bolstered by its economic diversification plans despite a decline in the...
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Rising Demand for Affordable Sport Products Reshapes Market LandscapeIn today's dynamic market, the demand for affordable sport products has been steadily rising, reflecting shifting consumer preferences and economic realities. From durable outdoor equipment...
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The Growing Global Market of Textiles and Leather SuppliersIn today's rapidly changing global marketplace, the demand for textiles and leather products is on the rise due to various factors, including fashion trends and...India central bank moves to ensure continuity of UPI transactions on PaytmThe Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine a request from Paytm, formally...Elon Musk steps in after California bakery jolted by cancelled Tesla orderBillionaire Elon Musk has promised to “make things good” with a California bakery after his company backed out of a pie order that cost the...
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Breathable Sportswear Revolutionizes Athletic Apparel MarketBreathable sportswear has emerged as a game-changer in the athletic apparel market, offering unparalleled comfort and performance for athletes worldwide. This innovative clothing technology has...US challenges Kroger Albertsons deal warning of higher pricesThe US is taking legal action to block the merger of two major grocery chains, warning it would lead to higher prices.The Federal Trade Commission...How EVs became such a massive disappointmentTesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And...