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The Barbie movie saves Mattel from economic challenge
By Globe Banner | Oct 25, 2023
Mattel, the global toy company known for brands such as Barbie and Hot Wheels, has seen a boost in sales thanks to the success of the Barbie movie. The three month period from July through Sept. saw Barbie billings increased by 16% as compared to the same period in 2022.
Garanti BBVA and KAGIDER host summit on women entrepreneurship
By Globe Banner | Oct 25, 2023
BBVA announced that Garanti BBVA and KAGIDER celebrated the Republic of Türkiye's 100th anniversary at the Women Entrepreneurs of the Year Summit. The event featured participation from Garanti BBVA CEO Recep Baştuğ, KAGIDER Chair of the Board Esra Bezircioğlu, and Ümit Boyner from the Boyner Group according to a press release by BBVA.
China allocates $450,000 for WTO accession and least-developed nations
By Globe Banner | Oct 24, 2023
The World Trade Organization (WTO) has announced that China will allocate $450,000 to the WTO's Least-Developed Countries (LDCs) and Accessions Programme, also known as the China Programme. The objective of this initiative is to enhance the integration of LDCs into the global economy by strengthening their involvement in WTO affairs and facilitating the accession of non-member nations, according to a press release by the WTO.
Estimated to grow an astounding $28.57 billion in the next five years, the probiotics market flourishes
By Globe Banner | Oct 22, 2023
Technavio, a leading global market research company, has released a report highlighting the exponential growth of the probiotics market. The report predicts that the market will grow by an astounding $28.57 billion from 2022 to 2027, with a compound annual growth rate (CAGR) of 7.6%.
The carbon black market predicted to grow 4.86 billion in five years
By Globe Banner | Oct 22, 2023
Technavio, a leading global market research report company, has released a report predicting the rapid growth of the carbon black market. According to the report, the market is expected to grow at a compound annual growth rate of 4.94% in the forecast period of 2022-2027. The carbon black market size is forecast to increase to 4.86 billion in the next five years.
EU-US Summit falls short of business expectations
By Globe Banner | Oct 21, 2023
The European Union and the United States of America recently concluded their second summit in Washington, DC on October 20. BusinessEurope President Fredrik Persson expressed disappointment on behalf of the European business community regarding the outcomes of the summit.Persson highlighted the lack of progress on key issues, stating, "I will not hide the disappointment of the European business community at the news that no permanent solutions have been found on our priority issues – critical minerals and steel and aluminium." He emphasized the importance of reaching...
IMF reaches agreement on first review and 2023 consultation with Bangladesh
By Globe Banner | Oct 20, 2023
The International Monetary Fund (IMF) has announced that The IMF staff and Bangladeshi authorities have achieved a staff-level agreement to finalize the first review of the IMF-supported program. Mr. Rahul Anand, leading a team from the IMF, visited Dhaka to engage in discussions about economic and financial policies according to a press release by the IMF.
The motor control contactors market to grow by over $70 million over the next five years
By Globe Banner | Oct 20, 2023
Technavio, a leading global market research report company, has released a market analysis predicting significant growth for the motor control contactors market. According to a report from Cision's PR Newswire, the market is expected to grow by a CAGR of 4.75% during the forecast period of 2022-2027, resulting in a growth of USD 72.43 million.
Spirulina chocolates market to grow by astounding 10.04% CAGR over coming years
By Globe Banner | Oct 20, 2023
Technavio, a market research firm, has released a report stating that the spirulina chocolates market is expected to experience significant growth in the coming years. According to the report, the market is projected to grow by almost $210 million during the forecast period of 2022-2027.
The online auction market explodes, reaching nearly $7.5 billion this year
By Globe Banner | Oct 20, 2023
Research And Markets released a report detailing the immense growth of the online auction market, showing off an astounding compound Annual Growth Rate (CAGR) of 11.50% during the forecast period of 2022-2027. According to Cision’s PR Newswire, the report predicts that the global online auction market will reach a value of $7.42 billion by 2023.
Binance Academy, Blockchain Center partnership aims to educate more than one million students by 2026
By Globe Banner | Oct 19, 2023
Binance Academy, the Web3 learning hub of the largest crypto exchange in the world, has partnered with the Blockchain Center, an independent non-profit research lab, with the aim of educating over one million students in blockchain engineering and compliance by 2026. This partnership is an expansion of the Global University Outreach Program.
Ferrari to accept payments in crypto following customer requests
By Globe Banner | Oct 19, 2023
Ferrari has announced that it will now accept cryptocurrency as a form of payment for its cars in the United States, following requests from its customers. The Italian luxury sports car manufacturer also plans to introduce this payment option to its European markets.
Projected to reach $43.6 billion by 2030, the global market for Friction Products and Materials excels
By Globe Banner | Oct 17, 2023
Research And Markets, a market and industry research report corporation, released a new report outlining the dramatic growth of the global friction products and materials market, which is expected to reach an astounding $43.6 billion by 2030. According to PRNewswire, the global market for friction products and materials is currently valued at $28.4 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.5% during the analysis period from 2022 to 2030.
The World Bank's 2023 Annual Meetings
By Globe Banner | Oct 16, 2023
The World Bank announced the key points from its Annual Meetings in 2023, where they introduced a fresh development vision and playbook. During these meetings, the Bank also demonstrated the substantial advancements made since initiating its transformation process a year ago according to a press release by the World Bank.
The trucking industry tops its number of issues in new ATRI report
By Globe Banner | Oct 14, 2023
American Transportation Research Institute (ATRI), the trucking industry's not-for-profit research organization, has released its 19th annual Top Industry Issues report, revealing that the trucking industry is facing more issues than ever before. According to a PRNewswire article, this year's list of concerns includes the Economy, Truck Parking, Fuel Prices, the Driver Shortage, Driver Compensation, and for the first time, Zero-Emission Vehicles.
After Biden's new loan plan, a financial wellness report by Research and Markets is integral
By Globe Banner | Oct 13, 2023
Research And Markets, a market and industry reporting corporation, has released a report titled "Financial Wellness 2023" in response to President Joe Biden's new loan plan. The report aims to help business entrepreneurs and managers achieve financial literacy in light of the new plan.
Reaching $189.1 billion in 2022, global low-cost airlines market projected to have significant growth in the next years
By Globe Banner | Oct 13, 2023
Research And Markets, a market and industry research corporation, has released a report projecting significant growth in the global low-cost airlines market in the coming years. The report states that the market reached a size of $189.1 billion in 2022 and is expected to reach $315.4 billion by 2028, exhibiting a compound annual growth rate (CAGR) of 8.7% from 2023 to 2028.
The global bath and shower market reaches a milestone in 2022, at US$ 47.6 Billion
By Globe Banner | Oct 11, 2023
Research And Markets announced a report on the global bath and shower market, saying that a new milestone has been reached in 2022 with the market size at US$ 47.6 Billion. By 2028, that market size is predicted to reach US$ 63.4 Billion, with a CAGR of 4.7% during this growth period.
WTO economists scale back growth in global merchandise trade in 2023
By Globe Banner | Oct 7, 2023
The World Trade Organization (WTO) has revised its growth projections for global merchandise trade in 2023, indicating a downward trend. According to the latest WTO trade forecast released on October 5th, economists have scaled back the growth predicted for next year. It is now expected that the volume of world merchandise trade will only grow by 0.8% this year, which is less than half of the 1.7% increase that was forecasted in April. However, there is some hope for a recovery, as the projected growth of 3.3% for 2024 remains relatively unchanged from previous estimates.
Monsha’at, Saudi Arabia's leading entrepreneur, participated in the Global Entrepreneurship Congress 2023
By Globe Banner | Oct 7, 2023
Monsha’at, also known as the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, recently participated in the Global Entrepreneurship Congress 2023 (GEC23) in Riyadh. The congress brought together leading entrepreneurs from Saudi Arabia to discuss the growth of entrepreneurship in the kingdom.