India’s exports may decline in 2020-21 to $290 billion, rise to $350 billion next fiscal: FIEO

India’s exports in 2020-21 may decline around 7.3 per cent to $290 billion compared to $313.36 billion in the previous fiscal due to a sharp fall in the first and second quarters induced by Covid-19 disruptions. But things may improve substantially next year, as per estimates made by the Federation of Indian Export Organisations.“Looking into…Continue Reading

Reebok’s $2.4 Billion Price Tag Brings Hip-Hop & Sports Moguls To The Table

HONG KONG, CHINA – 2019/06/23: German multinational footwear company brand Reebok store is seen in … [+] Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Reebok may be getting a new owner, as its German sportswear parent company Adidas looks to offload the household name brand. Once a…Continue Reading

Highlights of $900 billion COVID-19 relief, wrapup bills

Congressional leaders have hashed out a massive, year-end catchall bill that combines $900 billion in COVID-19 aid with a $1.4 trillion omnibus spending bill and reams of other unfinished legislation on taxes energy, education and health care. The huge, still-unreleased bill is slated for votes on Monday — with lawmakers having only a few hours…Continue Reading

IKEA: Making a $40 Billion Company Climate Positive

December 09, 2020 IKEA generates 0.1 percent of the world’s annual greenhouse gas emissions. Can this $40 billion multinational company become climate positive by 2030? Jesper Brodin, CEO of Ingka Group, joins Azeem Azhar to discuss how to grow a business while investing in renewable energy, sourcing sustainable materials, and building a circular economy. They…Continue Reading

The UK facility management market (henceforth, referred to as the market studied) was valued at USD 67.29 billion in 2019, and it is expected to reach USD 70.14 billion by 2025, registering a CAGR of 1.86%, during 2020-2025

New York, Dec. 04, 2020 (GLOBE NEWSWIRE) — announces the release of the report “United Kingdom Facility Management Market – Growth, Trends, Forecasts (2020 – 2025)” – This is expected to rise to an estimated GBP 139 billion by 2021 (source British Institute of Facilities Management). This increase in value is attributed to…Continue Reading

Latest News UN Rwanda: Frw19.6 Billion and counting as the fight against COVID-19 continues

Between March and September 2020, the UN Rwanda has mobilized more than Frw 19.6 Billion to support the Government of Rwanda in the fight against COVID-19. The numbers were made public this Friday 5 November during the UN One Family meeting with Donors, Development Partners, and the Government represented by Amb. Guillaume Kavaruganda, Director General in…Continue Reading

Pinduoduo to raise $6.1 billion in convertible note offering

(Image credit: Pinduoduo) Chinese e-commerce platform Pinduoduo is planning to raise up to $6.1 billion through a convertible notes offering and equity. Why it matters: Pinduoduo is looking to fundraise amid buoyed investor confidence on the company’s first-ever quarterly profit, reported in the quarter ended September. The fast-growing e-commerce platform plans to fund new business channels…Continue Reading

Diet trends to see 4 billion people overweight by 2050…

More than four billion people could be overweight by 2050, with 1.5 billion of them obese, if the current global dietary trend towards processed foods continues, a first-of-its-kind study predicted Wednesday.Warning of a health and environmental crisis of “mind-blowing magnitude”, experts from the Potsdam Institute for Climate Impact Research (PIK) said that global food demand…Continue Reading