The medical devices are probably the new gold of this era where one pandemic has already taken over the world’s medical resources and is constantly demanding some new. Right from the ventilators to the drugs and even to the surgical lights, these medical devices have their own critical role in times of medical emergency. Talking […]
Category Archives: Business
With the ever rising internet penetration, what has mushroomed is the rising trend of Internet of Things (IoT) and the connected devices. The Internet of Things (IoT) has been adopted rapidly across the globe where millions of connected sensors and smart devices are deployed on a daily basis in offices, homes, and all over the […]
Apolipoprotein protein E (ApoE) is similar to the delivery service for the human brain. This protein acts as a carrier of the vital nutrients to the neurons; these nutrients include polyunsaturated fatty acids, which are known as the building blocks of the neurons bordering membrane. Apart from these range of polyunsaturated fatty acids, a few […]
With the ever surging air pollution and the resulting depleted air quality index (AQI) has certainly made all of us more vulnerable to chronic respiratory diseases than ever. Moreover, our reduced immunities have further surged this vulnerability making us less resistant to allergens such as dust mites etc. In a recent study conducted, the researchers […]
The domain of biotechnology keeps adding new inventions and discoveries with the ultimate purpose to foster innovations. Scientists use the NIST mass spectrum library to recognize the compounds of subject as it is one of the largest available databases for commercialized purpose. It is worth mentioning here that the National Institute of Standards and Technology […]
In the current scenario, diabetes is known as one of the world’s fastest-spreading chronic diseases all across the globe. The diabetic population has witnessed an exponential rise with an equal proliferation in its diagnostics and treatment sector. The very common causes such as the change in lifestyle, unhealthy eating habits, genetics of patients, and reduced […]
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India’s largest Telecom carrier- Reliance Jio, has officially launched a Zoom rival called JioMeet on 3rd July 2020. The app is available on platforms including the web, iOS and Android, supporting 100 participants in one meeting. The first formal announcement about the service was made by the company on 30th April 2020, and now JioMeet […]
The recent whispers of the advent of an Indian vaccine for the novel coronavirus has now turned out into a major shoutout. The first indigenous COVID-19 vaccine named COVAXIN, was being developed by the India-based Bharat Biotech in collaboration with National Institute of Virology (NIV) and Indian Council of Medical Research (ICMR). Now, the company […]
The commercial growth of a nation largely hinges on the quality of infrastructure which principally spins around its roadways, dams, railways, flyovers, bridges and much more. This very infrastructure is the connecting junction for the citizens as well as the domestic and international trade. Talking about India, where the populace is highly dependent on the […]
A global association of researchers is taking the follow up on the thesis that was already backed by a few evidences. The thesis states that the early childhood vaccinations for measles, mumps, and rubella, commonly known by the name of MMR vaccine, can prove to be effective in protecting children against the COVID-19. These MMR […]
Keeping in mind the present scenario, the unanimous need of the world is to come up with a vaccine for the novel coronavirus. In this respect, a new trial awaited vaccine has created new hopes for mankind. The first indigenous COVID-19 vaccine named COVAXIN, is developed by the city-based Bharat Biotech in collaboration with National […]
Out of all the body parts replacement surgical procedures, knee replacement is one of the most performed surgeries. Despite, there still remains high level of dissatisfaction accounting to post surgeries pain and discomfort. This is primarily due to the fact that the lab-developed replacements or the similar alternatives fail to provide as good strength and […]
Before we all express our aversions towards the topic, let us admit that managing these ‘nature calls’ in space is definitely not so easy idea. It needs a proper addressal and a tried and tested mechanism so as to ensure the efficacy of the aeronautical missions. Planning to keep the first woman and the next […]
Biotechnology is one of the best platforms to meet the demand for better healthcare infrastructure for the diagnosis and treatment of various infectious diseases and lower its sero-prevalence rate. It further promises treatment opportunities to some extremely fatal diseases such as cancer. As a result of this, various biotech companies are collaborating with similar organizations, […]
Microsoft Corp. on June 26, 2020 announced a new approach to its retail business. The company announced its decision to permanently close all of its 83 physical retail stores. The retail team of the company will serve remotely and from Microsoft corporate facilities. However, the four locations including New York City (Fifth Ave), London (Oxford […]
Wits University is collaborating with University of Oxford, Oxford Jenner Institute on trial The first vaccine trial for the treatment of COVID-19 started in South Africa on June 24. The trial started in Johannesburg and Pretoria and will spread gradually to other parts of the country. The vaccine developed by the Jenner Institute of the […]
The accreditors and manufacturers of the pharmaceutical drugs are anticipated to examine the cold-chain packaging and processes even more closely in the COVID-19 and post-COVID eras. This has been reported according to Jon Pritchett, PharmD, the pharmacy program director at the Accreditation Commission for Health Care (ACHC), in Cary, N.C. The advancement of medicine has […]
India-based Glenmark Pharmaceuticals, (Mumbai headquartered) has successfully received the approved by the Drug Controller General of India (DCGI), so as to manufacture and sell the antiviral drug Favipiravir to treat COVID-19 patients. The drug will be available in the next few days. Favipiravir is an antiviral drug and approved in Japan as a flu treatment. […]
Before you wonder, how even hibernation in mice maters, let it be clarified- it creates hope for hibernation in humans! Yes, as exciting as it sounds, this theory can lead to unprecedented breakthroughs in human history. Anyway, the current research conducted at the University of Tsukuba and Genshiro Sunagawa at the RIKEN Center for Biosystems […]
A new mobile app has been created by the researchers at NYU College of Dentistry that uses artificial intelligence (AI) to generate a “severity score” of the COVID-19 infection. The app has successfully deployed AI that can evaluate the corona’s risk factors as well as the major biomarkers found in blood tests so as to […]
People of all ages can get infected with the new coronavirus (2019-nCoV). However, the elderly and people with existing medical conditions like asthma, diabetes, heart disease, etc. seem to be at more risk with catching the virus. Now, a new study has revealed that the people infected with corona faces a severe neuromuscular turbulence! In […]
On June 16, 2020, Audi opened new R&D office- Audi Automated Driving Development (A2D2) in San Jose. The R&D office is dedicated to creating Advanced Driver Assistance Systems (ADAS) for the North American market. A2D2 being located in the heart of Silicon Valley, will have ease to partner with nearby startups for production-intent applications. The […]
Shell and IBM on 17 June 2020, launched Oren, a global B2B Digital mining services marketplace platform. The two companies- Shell and IBM partnered for co-developing the platform for helping mining companies with the solutions related to safety, sustainability, mine planning and operational efficiency. Oren hosts new technology and digital solutions in one place and […]
The World Health Organization announced that testing of hydroxychloroquine in its large multi-country trial to treat COVID-19 patients had been halted after new data and studies showed no benefit of the drug. It is revealed in multiple studies that the hydroxychloroquine, an anti-malarial drug which is also used for the treatment of rheumatoid arthritis and […]
The year 2020 definitely had some silent echoes of recession, but nobody has ever visualized the picture of the economy it has turned towards today. While the world is facing a major slowdown due to COVID-19 effects, it has also unanimously added to the upsurging rates of unemployment globally. This has pushed the economies to […]
As the corona virus epidemic continues to affect supply chains and demand, consumers can see changes on the grocery store shelves. Moreover, these changes are bound to arise because the respective producers may fail to process food quickly as per the suddenly changing demands. And with the changing consumer spending habits due to the current […]
The potential coronavirus vaccine of AstraZeneca is likely to provide protection against contracting COVID-19 for one year, said the chief executive of the company. AstraZeneca has already started human trials of the vaccine that is developed by the University of Oxford, with a phase I trial in Britain. The trial is about to end soon, […]
The World Bank said Monday that India’s economy will drop 3.2 percent on Monday, joining a merger of international organizations that are expected to see a drop in growth rates as a result of a disruption in economic activity following a coronavirus outage. A Washington-based multilateral lender said that the COVID-19 epidemic coupled with the […]
Apart from the coronavirus outbreak, which is everywhere in news these days, a Los Angeles-based startup named Mi Terro has suddenly gained various environmentalists’ attention. And the sole reason behind is the sustainable idea proposed by the company out of food wastage, which has remained an evergreen matter of ponderance for societies Robert Luo, the […]
At midnight local time of 8th June 2020, the entire New Zealand moved to the lowest level 1 of the four-tier alarm system. According to the new rules, social distance is not necessary, and public meetings are not restricted, but the border is closed to foreigners. In the meanwhile, when the world is recording plenty […]
The production plants of automotive and their suppliers are gradually resuming to come back online all around the world. Entering this post-quarantine phase, it is hard to assess what is left in the stores for automotive in the remaining 2020. Broadly speaking, automotive vertical majorly comprises OEMs (Original Equipment Manufacturers), vendors, auto-ancillary companies, and major […]
The worst impact of COVID-19 has probably been on the availability of PPE which has led to its shortage making the needy ones suffer the most. PPE or the Personal Protective Equipment, as the name suggests, are the sophisticated sets of protective gears including the masks, gloves, goggles, suits, visors, head cap and others which […]
AstraZeneca, a pharmaceutical company, aims to produce 2 billion coronavirus vaccines, including 400 million in the US and the UK, and 1 billion in low-income and small-sized countries. According to AstraZeneca CEO Pascal Soriot, the vaccine is planned to be distributed in the United States and the United Kingdom in September and October. According to […]
The worldwide lockdown that has put a pause to the global economic activities has severely jolted the human lives. The roads are vacant due to social distancing, and the absence of traveling, outing, and the further ban on large community events & mass gatherings. This impact of social distancing has clearly reflected on the reduction […]
The economy of France is highly dependent on its considerable share in exporting goods and services. The country has witnessed significant growth in the manufacturing of food and beverage, machinery and equipment, as well as chemicals. These economic conditions are supported by the well defined monetary policy and the structural reforms in the country. France […]
Italy is one of the countries with the highest corona virus rates worldwide. The number of fatalities from COVID-19 in Italy has exceeded thousands and has been shown to increase sharply as compared to other economies. The epidemic has a brutal impact on the nation’s economy as industrial output has suddenly dropped. Italy occupied a […]
World famous for its traveling destinations, Germany derives its national revenue from aviation, healthcare, food and beverages, automobile, retail, e-commerce, energy, IT & telecom and major other industry verticals. These market determinants were stimulating the German economy and the country was witnessing a fair rate of growth until the COVID-19 was not into the picture. […]
The COVID-19 pandemic forced recession in global economies, as most of the economies including the US will post negative growth in 2020. Right from the construction and building industry dependent on the which are the cement industry, steel industry, construction equipment industry, elevator industry, and the paint industry to the crude oil and even the […]
The dreadful coronavirus has created its ever haunting projections in such a way that all we could virtualize hearing its name is, a random individual wearing mask. Yes, the virus has somehow become undetachable from the mask and unfortunately, creates more of the danger vibe rather than its perceived job of protection! Moreover, this is […]
The global e-commerce industry is the fastest growing channel for commercial transactions owing to the increasing internet and smartphone penetration all over the world. The ongoing digital transformation, especially in the developing economies is the major growth factor for the global e-commerce activities. Talking about India, for an instance, the total internet user base of […]
The apparel industry has constantly evolved with the rapidly changing fashion trends. The advent of various modern technologies has transformed the global outlook toward the apparel manufacturing, advertising, designing and also the manufacturing of fashion accessories (which comprise a substantial share of apparel industry). Due to the exposure to the use of the internet, consumers […]
During this pandemic when governments all over the world are prioritizing human lives; Southeast Asia’s largest economy i.e., Indonesia, has again shown it prioritizes the economy over its people! This is clearly visible through the new commercial ecosystem the country has planned to setup. The state-owned business department ordered employees under the age of 45 […]
Iran is trying to revive the beaten economy due to coronavirus restrictions despite a surge in new infections that have plunged into the country’s highest point every day in late March. Iran has closed most of its economy and also its religious sites after it was declared in February as the largest disease site in […]
Widely known for its prominent beverage industry majorly comprising the production of tequila and soda; Mexico accounts for a major share in the economy of Latin America. Talking specifically about the Mexican economy, it prominently draws out the revenue from the energy, healthcare, aviation, manufacturing, travel and tourism retail and e-commerce industries. According to the […]
Corona virus is continuing casting its ill effects on people’s lives. Besides, the havoc it created onto global economies is not even under public consideration as of now, since governments all over the world are prioritizing human lives. However, this could not deny the fact- what levels of financial setbacks economies are experiencing in this […]
The corona virus is spreading rapidly through the populace of Brazil and looking at the stats of the current over the past month, fatalities from this disease have increased by more than 5 folds! Yes, the transmission levels have brutally surged in the past months. Many epidemiologists expected that remote areas may not let the […]
If talked about the Arabia in respect to COVID-19 pandemic, the full force of the viral transmission is yet to hit. However, on an unfortunate note, the economic contamination has by now arrived rapidly. Compared to their rates in the past two decades, the oil prices have currently hit their lowest. The bottom has fallen […]
Innovations in healthcare have always been in pursuit of discovering something exceptional and further, something that encourage mankind to find the optimum solution for the lethal diseases. Drug discovery, being one such complex process, takes years and ages to come to commercial platform. Moreover, proving its efficacy along with the evidence of its safety seems […]
Corona virus outbreak has not just disrupted economies all over the globe but has even spurred unusual tensions between the manufacturers and the nation’s administration. The focus is on to General Motors and the US President, Mr. Donald Trump where the latter has ordered the former to manufacture the ventilators under the defense production law. […]
With the COVID-19 pandemic continuing to affect the global economy, some airlines brand that are not able to find the monetary assistance from their respective domestic governments are now getting themselves in ever more tough situations. Unfortunately, the current spotlight is on Colombian carrier Avianca, which on May of 10th 2020 filed for Chapter 11 […]
The automakers of various nations such as the US and India have come to the rescue when almost the whole world is facing supply shortages during this ‘wartime’ with corona. Owing to the fact that the global healthcare amenities are facing the dearth of even the quintessential medical devices, such as ventilators; various automotive companies […]
A new study shows the law of unintentional outcomes may have reared its dreadful head in the decades following the 1987 Montreal Protocol that successfully saved the ozone layer. Talking about this protocol, it was an international treaty approved by 197 parties and was designed to phase out ozone-depleting chlorofluorocarbons (CFCs), such as freon used […]
Researchers are gradually turning to already approved drugs as COVID-19 proves a tough enemy. Scientists are working meticulously on new drugs vaccines and, but when there comes a challenge of dealing with a novel disease- it is bound to take time An international team of researchers, for the first time, has recommended the treatment of […]
The serious most risk that COVID-19 poses onto its patients is the lung dysfunction, clearly stating that- the inability of lungs fails to disseminate enough oxygen to the liver, brain, and other body organs. According to a new cohort study by West Virginia University, an extracorporeal membrane oxygenation device, a bioprotective device, may be particularly […]
Even the well renowned biologists have come to a unanimity that nothing could beat the ‘motherly instincts’ when it comes to threats on their progeny. Despite, how lyrical it might sound, at least the biologists at the University of Iowa have already gave their thumbs up this notion. A study conducted at the university discovered […]
Talking about the disposable mask and the N95, both the masks cover the nose and the mouth potentially removing the minutest of particles ranging from dirt to even the microbes such as virus, bacteria, and mold. However, the clear difference between the two lies in their very nomenclature. The former, ie; the disposable mask is […]
The cruise industry is among the swiftly growing industries all over the globe. This is particularly due to the rising inclination of people worldwide toward leisure travel coupled with the increasing per capita income. For decades, the cruise industry has been an integral part of the global travel and tourism industry which is evident from […]
Indian e-commerce industry is mainly driven by young and working demographic profile that prefers online mode of shopping. This is further coupled by the rising smartphones and internet penetration that provides the easy access to e-commerce sites. There are several remarkable policies announced in the past few years, which primarily include opening up more to […]
Talking in global terms, India stands on the seventh rank in the list of largest economies of the world. In fact, the Indian government is making continuous attempts so as to boost the country’s economy, following to which, it has announced a slew of reforms in the past few years. In that list, ‘Make in […]
The global energy demand is surging day by day with a noticeable demand from the transportation sector. These factors are fueling the growth of the global oil industry resulting in a steady growth rate in the upcoming years. Moreover, it is also expected that as the global economies continue to invest in petroleum-based products, the […]
People around the world are separated from each other. All countries are stagnant. From the global economy to the household budget, the impact of the coronavirus epidemic is as devastating as it is widespread all over the globe. More and more patients are rushing for the treatment as COVID-19 infections already approach hundreds of thousands […]
The consumer electronics industry has been an integral part of the global economic landscape for decades. And the tinge of modernization has definitely added more life to consumer electronic products. Our dependencies to the modern gadgets have increased so much that right from the day starter as an alarm to its ending via a casual […]
Food and beverage industry is marking the rapid growth through the rise in the number of on the go consumers and increased adoption of ready to eat food in the market. The constant demand for quality consumable products is encouraging the industry players to come up with new food products. The demand has increased substantially […]
The economy of UK was growing at a modest growth rate before the COVID-19 pandemic. As per the IMF, the GDP growth of UK was 1.3% in 2018. It was also projected that the GDP will grow by 1.4% in 2020. However, achieving this growth rate has become next to impossible as owing to the […]
The economic growth of a nation broadly depends on the excellence of infrastructure which largely revolves around its roads, dams, flyovers, bridges and of course, the skyscrapers and other commercial as well as residential buildings. The construction industry here plays the pivotal role in making or breaking that economy’s substructure largely contributing to maintain that […]
Due to the COVID-19 pandemic, millions of people are consistently following the lockdown, which has resulted in the increased streaming media use. Every viewer’s hunger for content has peaked during the COVID-19 pandemic, therefore, the media industry is to foresee the lasting effects the crisis may have on OTT consumption. While being almost trapped at […]
The constant environmental depletion has made renewable sources of energy as the immediate need of the hour. The renewable industry is one of the most opportunistic industries all over the globe as it was growing with a significant growth rate from the last decade. However, the epidemic caused due to COVID-19 seems to brutally affect […]
Travel & tourism are the strong contributors of a nation’s GDP as it comprises multi facet substructures which get diversely impacted due to travel & tourism growth. Broadly speaking, travel & tourism, aviation, hospitality, lodging, recreation and may others, are all interconnected and witness a similar impact due to the external dynamics. Now, these dynamics, […]
Talking about the factors affecting the global aviation industry, they are driven by the growing disposable income, availability of leisure time, intense airline competition, healthy corporate travel demand, and an increase in the number of international events and festivals. The strong revenue generation by the industry vertical, rising global consumer purchasing power, and technological advancements […]
People around the world are separated from each other. All countries are stagnant. From the global economy to the household budget, the impact of the coronavirus epidemic is as devastating as it is widespread all over the world. The global entertainment industry, in general, is driven by the growing digitalization and access to online media […]
The current scenario has suddenly become too challenging that every single facet is bound to bear the repercussions of COVID-19 pandemic. However, it also equally true that the community’s safety has reached to an extremely accessible point where it does not demand much, but just the consistently practicing of social distancing. And the supporting role […]
The COVID-19 originates from China and then spread to high-income countries such as Italy, Iran, UAE, the US. Now, it has spread all across the globe including low-income developing countries of South Asia, Africa, and Latin America, where the supply chain of food was already weak. As per the United Nations, there were 820 million […]
Hospitals in areas where coronavirus patients are proliferating seem to struggle to maintaining the supply of antibiotics, antivirals and sedatives and other drugs produced in the countries where pandemic has either ceased or reduced their manufacturing. Unnoticed by the general public, with a focus on the lack of personal protective equipment or the PPE and […]
In 2016, Dartmouth Ph.D. candidate Daniel Wrapp began working with llama antibodies to study two coronaviruses: SARS-CoV-1 and MERS-CoV. It was basic research for the McLellan Lab, which focuses on the proteins behind bacteria, fungi, parasites and viruses. Little did Wrapp know then that his basic research would have translational implications a lot sooner than expected. […]
The researchers at Tel Aviv University (TAU) have developed an exact and safe 3D imaging technique to identify the sperm cells that move at a high speed. This research study was guided by Natan Shaked of the Department of Biomedical Engineering at TAU’s Faculty of Engineering together with TAU doctoral student Gili Dardikman-Yoffe and was […]
Talking about the diagnosis of the diseases or analyzing their effects on human body, CT or the computerized tomography scan is considered as one of the most promising medical tests. Keeping in mind the current scenario driven by COVID-19 pandemic, its role in examining the virus impact on the lungs has become more crucial. UOC […]
Back in the year 2017, the aircraft manufacturing giant, Airbus entered into a partnership agreement with a Silicon Valley startup, named Koniku Inc. The partnership was mainly aimed to develop an “electronic nose” that could detect explosives in airports and on aircraft. In light of the current COVID-19 pandemic, however, Airbus said that it is […]
Nordic countries include Norway, Denmark, Sweden, Finland, and Iceland has a significant share in oil and gas and renewable energy industry. In 2018, Sweden has a significant share of 54.6% in the EU renewable energy sector. The country has a rich supply of biomass and moving water, which support its high share in the EU […]
Norway is among the top 7 exporters of crude oil across the globe. In 2018, the oil and gas industry contributes nearly 62% of Norway exports and 18% of the Norway GDP. The country is the most essential source of natural gas in Western European countries. In 2018, Norwegian gas held nearly 31% of EU […]
Italy is among the major countries with a considerable number of coronavirus incidences. As per the Worldometer, on 27th April 2020, Italy ranked third in the total cases of COVID-19 globally. It was 199,414 with 26,977 mortalities. On 27th April 2020, the number of new incidences reported in the country was 1,739 and 333 mortalities. […]
The shortage of ventilators has been reported in India due to the surging cases of COVID-19 in the country. As per the Worldometer, on 27th April 2020, the number of new incidences of coronavirus was 1,561 and 58 mortalities. The rising number of cases has created a burden on India’s healthcare system to meet the […]
UK government has been significantly working to strengthen the ventilators production in the light of the coronavirus epidemic in the country. As per the Worldometer, Italy ranked sixth in the total cases of coronavirus across the globe with 157,149 by 27th April 2020. As a result, the government has been taking steps to accelerate the […]
As the US is facing a significant problem to manage the COVID-19 crisis, the demand for ventilators has emerged in the country. As per the Worldometer, on 27th April 2020, the new incidences of COVID-19 were 23,196 and 1,384 deaths reported. This growing number of coronavirus incidences has a significant impact on the US healthcare […]
Emerging preference for online mobile games has led to the growth of the global online gaming industry games. The online mobile games enable to offer a better experience of gaming to touch screen devices such as a tablet, smartphone, personal digital assistants (PDAs), portable media player and other such devices. Snake game was the first version […]
Growth in end-use industries, including automobile, construction, oil and gas, chemical, and medical equipment, has primarily led the adoption of metal products including ferrous and non-ferrous metals. Ferrous metals comprise carbon steel, alloy steel, wrought iron, and cast iron. These metals have better durability and tensile strength. Carbon Steel is used in the construction industry […]
Switzerland machinery industry is the most competitive in the world, particularly in the field of textile and printing industries. In 2015, the country was among the ten largest machinery exporters across the globe. As per the FDFA Communication, in 2015, more than 2,500 companies were working in machinery industry, which consists of major players including […]
Renewable energy is a major contributing sector to the growth of Sweden economy. As per the Eurostat, Sweden held the largest share of 54.6% in the EU renewable energy, followed by Finland (41.2%) and Latvia (40.3%) in 2018. Apart from their extensive utilization of hydropower, the forestry resources have made the countrywith potential share in […]
Coronavirus fears continue to spike across the globe, leaving its traits on every nation. The countries in Latin America have been hit hard by the COVID-19; however, later than several other countries, including the US and the European countries. Therefore, Latin America has a chance to work on immediate actions and level the curve of […]
Italy was among the major countries with considerable value in the EU-28 industrial output in 2018. The country held approximately $2.1 trillion, which represented 2.4% of the world’s GDP in 2018. Iron and steel, food processing, textile, and automobile are some crucial manufacturing industries in the country. However, these industries have been facing a significant […]
Middle East countries such as the United Arab Emirates (UAE), Saudi Arabia, Iraq, and Kuwait majorly depend on oil prices for most of the government spending as well as social programs. The recent collapse of oil prices stirred by the COVID-19 pandemic is expected to contract the region’s economies this year as per by International […]
The growth in passenger traffic due to the availability of low-cost airlines has led to the growth of the aviation sector in the US. As per the estimation by the Bureau of Transportation Statistics (BTS), in 2019, the US airlines carried 925.5 million passengers, which is the highest total by comparing the records since 2003. […]
The recent spread of COVID-19 has disrupted lives, livelihoods, communities, and businesses across the globe. In this Covid-19 pandemic, the North American cosmetic industry was impacted severely as well. The cosmetic industry consists of domains such as fragrances, hair care, makeup, skincare , and toiletries products. Almost all of these segments are affected by the […]
The outbreak of the COVID-19 pandemic has made the Chinese chemical industry under strain owing to the increased infection rate, city shutdowns, and transportation halts across the nation. China is the main supplier of different chemicals such as plastic, fertilizers, medicines and so on for the formation of finished products and so-called intermediate products used […]
As the COVID-19 outbreak spread, a severe decline in demand across all entities has been observed. The aviation industry is one of the most impacted industries during this lockdown because of the Covid-19 pandemic. The airline industry is very crucial for the North American country’s economy and the recent ban on a domestic and international […]
The market share of the US oil industry is experiencing a steep downfall amid the outbreak of COVID-19 pandemic. The spread of the virus has imparted threatening impact on the global economy thus the demand of oil in different industries has experiencing a sharp decline which in turn has lower down the cost of the […]
The automobile sector has led to the growth of the EU economy. As per the Society of Motor Manufacturers & Traders (SMMT), the UK automotive industry is a crucial part of the country’s economy that valued over $104 billion turnover and adding nearly $23.7 billion value to the UK economy. The industry accounts for 14.4% […]
The food processing industry is one of the major contributors to the growth of the Turkey economy. As per the Turkish Statistical Institute, the food processing industry accounted for 16% of all industrial production in the country. The sector consists of 595 beverages producing and 47,617 food processing companies in 2017. Processing and preserving of […]
The European economy is primarily driven by the chemical and food and beverage industry. The large trade surplus for food and beverage and chemical products were reported over the years. For instance, as per the Eurostat, during the period, 2014 and 2019, the extra EU-27 exports for chemicals and food and beverage represented a growth […]
The plastic industry has been a significant contributor to building several nations’ economies. Rising demand for plastics in various applications including construction, automotive, and electrical and electronics industries is fueling the market growth. Moreover, the expansion of the construction industry across emerging economies such as Brazil, China, India, and Mexico is also addressing a substantial […]