5 Trends Shaping the Swimwear and Beachwear Market

We’re living in a period during when the belief of beach body is blurring. In actual fact, organizations will get attacked for proposing that anyone is not as much as beach ready. With the market foreseeing a boom in fitness, rising levels of worldwide travel and expanded body inspiration positivity has affected the swimwear market …

Sabio Acquires Callware and establishes itself as a leading contact center expert in Spain

Sabio brisk walks to extend its workforce optimization capability (WOC) by acquiring a Workforce Optimization Company, Callware that has its operational hub in Mexico and Spain. The acquisition is aimed at strengthening and enhancing Sabio’s regional capacity in order to develop as the largest independent contact center in Spain. With Callware’s expertise in the field …

SK Innovation to Invest in Construction of a Behemoth Battery Manufacturing Unit in US

Before a month or so, SK Innovation has made a commitment of spending nearly $1.67 billion for construction of a battery manufacturing unit in the southeast U.S. state of Georgia. After 4 weeks, Jun Kim, the Chief Operating Officer of the company, made an announcement that the company’s plan had some major permutations, and the …

Vestager to Face Questions on Her Blocking the Alstom-Siemens Merger Deal at the Strasbourg Meet

Margrethe Vestager, EU  Competition Commission’s chief will be facing questions from a college of EU commissioners about her decision to block one of the biggest mergers in the European Union which involves the corporate merger of Germany’s Siemens and France’s Alstom. The merger of the two industrial heavyweights which manufactures rail parts is supported by …

New Data Released by Eurostats Confirm Fears of European Economic Slowdown with Major Economies Already in Recession

Europe is facing a an economic slowdown with two of its largest economies already on the brink of recession according the recent release of statistics report by Eurostat which is EU’s central agency for handling economic statistics. With US- China trade war and consequent slowdown in China the world’s second largest economy, the European as …

Facebook Plans to Help Local News Organizations Find Profitable Business Models Through a $300 Million Investment

Facebook has announced plans to invest $300 million in local news organizations worldwide over the coming three years. The social media giant often a recipient of egregious accusations of being the doom of local news business worldwide seems to address these by its investment plans. The plan includes investment of both money and time by …

Ford Motor Company to Lay off Thousands of Workers as Part of Major Restructuring and Shift to Electric Vehicles

Ford is reportedly laying of thousands of workers from its payroll in Europe as it kick starts a major restructuring in the company to evolve better and profitable model in an industry increasingly leaning towards e-mobility. The company in the recent statement said that surplus labor will be reduced to undertake structural cost adjustments. It …

Pfizer Plans to Shut down Two Manufacturing Plants in India

American drugmaker Pfizer announced on Wednesday it will soon be shutting down two of its manufacturing plants in India that make generic injectable drugs, in response to falling demand. As reported in Reuters, the two sites in the states of Maharashtra and Tamil Nadu employ nearly 1,700 workers, contributing around 6 percent to Pfizer’s global …

ARLP Completes Acquisition of AllDale, Targets the Oil & Gas Mineral Interests

Alliance Resource Partners (ARLP) made an official announcement, which conveyed completion of the acquisition of AllDale with a purchase amount of nearly $175 million, as per the previous announcement. This, in turn, enabled a control of nearly 42,000 net acres of royalty vis-à-vis areas with large-scale oil & gas accumulation. ARLP is one of the …

Restrictions on Manufacturing and Usage of Methyl Tertiary-Butyl Ether Impede the Growth of the U.S. Methyl Tertiary-Butyl Ether (MTBE) Market

While methyl tertiary-butyl ether is commonly used in a variety of industrial applications, the growth of the U.S. methyl tertiary-butyl ether market might be hindered due to the imposition of stringent rules and regulations on the manufacturing and usage of methyl tertiary-butyl ether. As any kind of exposure to methyl tertiary-butyl ether can pose serious …