Economic growth

Global Biofertilizers Market to 2027 - Focus on Phosphate Solubilizing, Nitrogen Fixing, Seed Treatment, Soil Treatment, Oilseed & Pulses, Cereals & Grains, Fruits & Vegetables - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 27, 2021

Biofertilizers are used in natural cultivation which is expected to drive the global Biofertilizers market growth in near future.

Key Points: 
  • Biofertilizers are used in natural cultivation which is expected to drive the global Biofertilizers market growth in near future.
  • Rise in usage of microbes in Biofertilizers for sustainable farming method & food safety is the key driving factor which is expected to boost the global Biofertilizers market growth.
  • Moreover, increase in soil and water pollution due to excessive usage of chemical fertilizers will fuel the market growth.
  • However, environmental and technological constraints are the major restraining factors which are expected to hamper the global Biofertilizers market growth.

Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program

Retrieved on: 
Monday, July 26, 2021

Confident in our strategy and financial trajectory, we are launching a new share buyback program of EUR 1.5 billion in line with our balanced capital allocation policy.

Key Points: 
  • Confident in our strategy and financial trajectory, we are launching a new share buyback program of EUR 1.5 billion in line with our balanced capital allocation policy.
  • The Adjusted EBITA margin increased to 13.2%, mainly driven by sales growth and productivity measures.
  • The Adjusted EBITA margin increased to 17.0%, mainly driven by sales growth and productivity measures, partly offset by investments in advertising & promotion.
  • Today, Philips is announcing a new share buyback program for capital reduction purposes for an amount of up to EUR 1.5 billion.

UCLA Anderson Forecast Develops Unique Index to Track Online Microbusiness Activity; Initial Report Shows How Microbusinesses Contribute to Local Economic Growth

Retrieved on: 
Thursday, July 22, 2021

A new economic index tracks the activity of online micro businesses, a key but often overlooked driver of the economy.

Key Points: 
  • A new economic index tracks the activity of online micro businesses, a key but often overlooked driver of the economy.
  • The UCLA Anderson Forecast economists' first report based on the Venture Forward data examines how online microbusinesses fared during the pandemic, how such companies are distributed across the U.S., and what local factors contribute to their formation and growth.
  • "The index and report shows through statistical techniques the unique characteristics and substantial impact microbusiness owners and their businesses have on their local economies."
  • This finding, combined with survey evidence from GoDaddy, suggests that online microbusinesses contribute to economic growth at the local level.

Global Machine Safety Market (2021 to 2026) - Featuring Rockwell Automation, Siemens and ABB Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 22, 2021

With strict government regulations regarding the safety of workers and responsibility of companies to prevent industrial accidents, constant innovations and technological advancements are taking place in the machine safety market.

Key Points: 
  • With strict government regulations regarding the safety of workers and responsibility of companies to prevent industrial accidents, constant innovations and technological advancements are taking place in the machine safety market.
  • Therefore, with constant technological advancements and innovations taking place in the machine safety industry and their capability of increasing operational efficiency and personnel safety, the machine safety market is set to grow exponentially in the upcoming years.
  • However, the high costs associated with the purchase, maintenance and repair of safety components act as a restraint to the market growth.
  • Also with the outbreak of COVID-19, the spending capacity of enterprises reduced which may act as a restraint to the growth of machine safety market.

Global Big Data as a Service Market Build on Strong Growth During 2015-2020 with CAGR of 28% Forecast During 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 22, 2021

The "Big Data as a Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Big Data as a Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global big data as a service (BDaaS) market exhibited strong growth during 2015-2020.
  • Looking forward, the market is expected to grow at a CAGR of around 28% during 2021-2026.
  • The thriving banking, financial services, and insurance industry (BFSI) is one of the key factors driving the market growth.

Global Commercial Washing Machine Market Growth Analysis in Household Appliances Industry | Discover Company Insights in Technavio

Retrieved on: 
Thursday, July 22, 2021

APAC will contribute 39% of the overall commercial washing machine market growth during the forecast period.

Key Points: 
  • APAC will contribute 39% of the overall commercial washing machine market growth during the forecast period.
  • China is a key marketforcommercial washing machines in APAC.APAC has been exhibiting a significant growth rate for commercial washing machine market vendors.
  • The commercial washing machine market share growth in APAC will be faster than the growth of the market in other regions.
  • Reasons to Buy Commercial Washing Machine Market Report:
    The growth of the commercial washing machine market across Europe, North America, APAC, MEA, and South America
    This report can be personalized to suit your business requirements.

PowerFleet Sets Second Quarter 2021 Conference Call for Thursday, August 5, 2021 at 8:30 a.m. ET

Retrieved on: 
Wednesday, July 21, 2021

Financial results will be issued in a press release the same day, before the call.

Key Points: 
  • Financial results will be issued in a press release the same day, before the call.
  • PowerFleet management will host the presentation, followed by a question and answer session.
  • PowerFleets patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability.
  • For more information, please visit www.powerfleet.com , the content of which does not form a part of this press release.

Greater Austin Asian Chamber of Commerce Names Clifford K. Chiu to its Board of Directors

Retrieved on: 
Wednesday, July 21, 2021

The Greater Austin Asian Chamber of Commerce (GAACC) announced today it has appointed Clifford K. Chiu to its Board of Directors.

Key Points: 
  • The Greater Austin Asian Chamber of Commerce (GAACC) announced today it has appointed Clifford K. Chiu to its Board of Directors.
  • GAACCs ongoing mission is to drive regional economic growth and serve businesses with ties to Asia and Asian Americans.
  • He is a director or trustee of the Seton Fund, Health Alliance for Austin Musicians (HAAM) and St. James Settlement.
  • The Greater Austin Asian Chamber of Commerce (GAACC) is the leading non-profit organization in the Central Texas region for driving local economic growth for businesses with ties to Asia and Asian Americans.

Comerica Bank's Michigan Index Improves

Retrieved on: 
Tuesday, July 20, 2021

DALLAS, July 20, 2021 /PRNewswire/ -- Comerica Bank's Michigan Economic Activity Index increased in May to a level of 106.7. May's reading was 24.4 percent higher than the historical low of 85.8 reached in June 2020. The index averaged 100 points for all of 2020, 9.0 points below the index average for 2019. April's index reading was revised to 105.5.

Key Points: 
  • DALLAS, July 20, 2021 /PRNewswire/ --Comerica Bank's Michigan Economic Activity Index increased in May to a level of 106.7.
  • The index averaged 100 points for all of 2020, 9.0 points below the index average for 2019.
  • Our Michigan Economic Activity Index increased for the sixth consecutive month in May, and is showing strengthening growth rates over the last three months.
  • It is gratifying to see the Michigan Index coming within striking distance of its pre-crisis level from early 2020.

Worldwide Torpedo Industry to 2026 - Featuring Aselsan, BAE Systems and Raytheon Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 20, 2021

The "Torpedo Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Torpedo Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • Looking forward, the publisher expects the global torpedo market to grow at a CAGR of 3.3% during the forecast period (2021-2026).
  • This represents one of the major factors bolstering the global torpedo market growth.
  • Furthermore, the introduction of advanced technologies, such as electric propulsion, advanced navigation and mini torpedoes, is escalating the market growth.