On Tuesday, Adidas, the German apparel company is preparing to divest its struggling brand Reebok. In 2006, Adidas acquired Reebok for approximately $3.8 billion to compete with Nike, but in recent years, Reebok has posted inadequate sales. Adidas said that it has started an official process to separate from Reebok, and the company is turning […]
Category Archives: Business
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One of the Europe’s leading independent oil and gas exploitation and development companies, Cairn Energy PLC filed a case in the US district court against the Indian government to pay its dues. Cairn Energy claims to enforce a dollar 1.2 billion arbitration award, it won in a tax dispute against India. In December 2020, an agreement rewarded the […]
Global microtome market is estimated to grow at a CAGR of over 5% during the forecast period. The increasing healthcare expenditure in countries such as India and China is growing significantly with the increasing interest from both the private and public sectors. These economies are amongst the fastest developing countries in the adoption and implementation of […]
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Tata group, which is considered as salt-to-software, conglomerate plans to strengthen its position with buying a stake in e-commerce play. The company intends to take a stake of 68% in Bengaluru based online grocery startup, Big Basket. By executing this step, the company will take on prime player present in retail space that includes Reliance, […]
Global medical device cleaning market is estimated to grow at a CAGR of over 6% during the forecast period. The market growth is attributed to the increasing number of surgical procedures across the globe. In addition, the increasing implementation of prevention measures to cope with the hospital-acquired infections and the deployment of new techniques for medical […]
Global oligonucleotides synthesis market is significantly growing owing to significant diagnostic application. The molecular diagnostics is accompanied by the rising need for oligonucleotides that can be used in diagnostics tests. The diagnostics application is growing owing to the developing application of molecular diagnostics and genetic testing. The increasing use of technologies such as DNA micro arrays […]
Global electric boat and ship market is estimated to grow at a CAGR of over 10% during the forecast period. The key factors that contributed to the growth of the market include a rising emphasis on minimizing emissions from the shipping industry. To achieve this, there are several government regulations introduced. For instance, in 2018, the […]
Global electric bus market is growing owing to the government initiatives taken to control the emission of greenhouse gases emitting from vehicles. Governments of different countries are encouraging the adoption of electric buses in place of diesel buses. In July 2019, the US Department of Transportation‘s Federal Transit Administration (FTA) announced the grant of $84.9 million […]
The global liquid packaging cartons market is estimated to grow at a CAGR of 5.0% during the forecast period. Inclination towards highly sustainable packaging is a key factor contributing to the growth of the market. Cartons provide higher sustainability compared to plastic alternatives. Folding cartons can recycle easily by reprocessing in a mill, where the […]
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Morgan Stanley is an America based multinational investment bank and a wealth management company. The company is specialized in Private Wealth Management, Prime Brokerage, Sales & Trading, Investment Banking, Research, Investment Management, Wealth Management, Institutional Consulting and earns money from three sources named as investment management, institutional securities, and wealth management. It is headquartered in […]