A contestant on a game show in Iceland has thrown an astonishing tantrum after losing. Source: Gettu Betur via Youtube/EYNZ
The largest electricity co-operative in Texas has filed for bankruptcy protection after it received a $2.1 billion bill from the state's grid operator following last month's winter storm that left millions without power.
Austria broke ranks with the European Union on Tuesday and said it would work together with Israel and Denmark to produce second-generation vaccines against mutations of the coronavirus. Chancellor Sebastian Kurz said Austria and Denmark, as members of the First Mover Group founded by Kurz, would work with Israel on vaccine production against mutations of the coronavirus and jointly research treatment options.
Euro zone bond yields steadied on Tuesday, after rallying a day earlier, as markets awaited February inflation data for the bloc. He cited a simultaneous rally in German and Italian bonds on Monday without an apparent driver, the widening in swap spreads and the outperformance of 30-year German bonds late last week against their U.S. equivalents.
German exports to the United Kingdom fell by 30% year-on-year in January "due to Brexit effects", preliminary trade figures released by the Federal Statistics Office on Tuesday showed. In 2020, German exports to the UK fell by 15.5% compared to 2019, recording the biggest year-on-year decline since the financial and economic crisis in 2009, when they fell by 17.0%, the Office said. "Since 2016 - the year of the Brexit referendum - German exports to the UK have steadily declined," the Office said in a statement.
Red Devils recorded two 0-0 draws last week
CIMC Enric and Hexagon Purus today signed two joint venture (JV) agreements that encompass cylinder and systems production for Fuel Cell Electric Vehicles (FCEVs) and hydrogen distribution in China and Southeast Asia. The Chinese market for Fuel Cell Electric Vehicles (FCEVs) is expected to grow to become the largest global market over the next decade and beyond. Initially, the CIMC-HEXAGON JVs will expand CIMC Enric’s existing production and systems capacity for Type 3 (T3) cylinders and in parallel install Type 4 (T4) cylinder production and systems capacity for the Chinese market.The JVs expect to start production of high-pressure T3 fuel storage in 2021. Production line capacity will be designed to accommodate approximately 100,000 cylinders per annum, in a first stage towards the middle of the decade. Construction of the new facility is expected to commence as early as the second quarter 2021. Hexagon Purus AS (Hexagon Purus) today signed two joint venture agreements with CIMC Enric Holdings Limited (hereafter “CIMC Enric”), a leading global supplier of cryogenic and compressed gas storage and transportation solutions and manufacturer of clean energy equipment, headquartered in Shenzhen, People’s Republic of China. CIMC Enric is listed on the Stock Exchange of Hong Kong (stock code: 03899.HK). Hexagon Purus, a global leader of Type 4 (T4) cylinder technology, is a separately listed Hexagon Composites company on the Oslo Stock Exchange (stock ticker: HPUR). The cooperation is a highly compelling partnership: Hexagon Purus’ world class T4 hydrogen cylinder and systems technologies and design with over 20 years of heritage and safety track record – and CIMC Enric’s extensive expertise in gas system development tailored to the Chinese market and its long-standing relationships with large Chinese vehicle manufacturers (OEMs) and gas distribution companies. The joint ventures will serve the fast-growing demand of the Chinese market for safe, lightweight and cost-efficient compressed hydrogen storage solutions. Relevant industrial standards for T4 cylinders are currently being implemented by the Chinese government. The joint ventures will also support the transition to zero emission mobility solutions in Southeast Asia. Powerful alliance “China is on the rise to become the most significant global market for Fuel Cell electric vehicles. Its successful energy transition to hydrogen requires safe, advanced and cost-efficient high-pressure Type 4 fuel storage solutions that are proven in the global market. By joining forces in China, CIMC Enric and Hexagon Purus together contribute state-of-the-art Type 4 know-how, as well as the market presence of a top, trusted Chinese brand. Both companies have proud heritages of providing world class products and solutions to their customers,” says Morten Holum, CEO of Hexagon Purus. Leo Yang, Executive Director and General Manager of CIMC Enric adds, “China always thinks big – and China has decided that hydrogen will be the next big thing, within this decade. The CIMC-HEXAGON joint ventures are set up to offer what the Chinese market for hydrogen storage will demand – safe and proven products made by a team renowned for their integrity and world class designs and manufacturing processes. Together, CIMC Enric and Hexagon Purus have the financial backbone to scale up to serve the expected demand for both Type 3 and Type 4 cylinders as well as high pressure hydrogen transportation in China and Southeast Asia. Together, we will drive the energy transformation with a joint vision of a zero emission transportation sector.” About the market China, the world's largest auto market with over 28 million vehicles sold annually, has set its sights on creating a world-leading market for fuel cell electric vehicles (FCEVs) within two decades. According to Chinese policymakers’ planning, the market will grow from more than 7,000 FCEVs by end of 2020, to 1.3 million FECVs by 2035. It is also expected that hydrogen will account for approximately 10% of primary energy consumption in China by 2050. The initial focus of the Chinese hydrogen strategy is on fuel cell electric buses and commercial vehicles. This will improve public awareness and showcase the safety of hydrogen. The Association of Southeast Asian Nations (ASEAN) announced its collective ambition to achieve 23% renewable energy integration into its energy system by 2025, and even more by 2035. The shift to zero emission vehicles is driven by the desire to improve air quality and reduce CO2 emissions, as well as to increase energy independence by utilizing large amounts of hydrogen already available in China. In addition, hydrogen provides cost-efficient storage for surplus renewable energy from wind and solar. Structure The cooperation will be organized around two joint ventures, a Cylinder JV and a Systems JV, both registered in Hong Kong. The Cylinder JV will be majority-owned by Hexagon Purus (Hexagon Purus will own 51% and CIMC Enric will own 49%) and the Systems JV will be majority-owned by CIMC Enric (CIMC Enric will own 51% and Hexagon Purus will own 49%). The JVs will form operating subsidiaries in 2021 and a joint sales and marketing team. Live video webcast Hexagon Purus will host a webcast to present the alliance on March 2nd at 12:00 Central European Time (CET)/19:00 China Standard Time (CST). Interested investors/analysts/media can access the live video presentation through this link: https://hexagonpurus.kg5.no/. Presentation materials will be available in the Investor section of Hexagon Purus’ website (www.hexagonpurus.com). Interviews Following the webcast: Investors/analysts are invited to contact Dilip Warrier/Salman Alam to arrange one-to-one sessionsMedia are invited to contact Karen Romer to schedule interviews with Jon Erik Engeset, CEO Hexagon Composites and Morten Holum, CEO Hexagon Purus (See contact details below) Contacts: Karen Romer, SVP Communications, Hexagon CompositesTelephone: +47 950 74 950 | karen.romer@hexagongroup.com Dilip Warrier, CFO, Hexagon PurusTelephone: +1 949-236-5528 | dilip.warrier@hexagonpurus.com Salman Alam, Vice President Corporate Development, Hexagon Purus Telephone: +476 12 713 | salman.alam@hexagonpurus.com About Hexagon Purus (stock ticker: HPUR) Hexagon Purus, a Hexagon Composites company, is a world leading provider of hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems integration for fuel cell electric and battery electric vehicles. Hexagon Purus enables zero emission solutions for light, medium and heavy-duty vehicles, buses, ground storage, distribution, maritime, rail and aerospace. Learn more at www.hexagonpurus.com. About CIMC ENRIC Holdings Limited (stock code: 3899.HK) Founded in 2004, CIMC ENRIC Holdings Limited has been listed on the Stock Exchange of Hong Kong since 2005. The Company is affiliate to China International Marine Container (Group) ltd. (“CIMC”) and is principally engaged in transportation, storage and processing equipment that is widely used for the clean energy, chemical and environmental and liquid food industries. CIMC ENRIC has been a leading integrated service provider and key equipment manufacturer in the industry. The Company is among the world’s top players in both production and sales of ISO liquid tanks as well as high-pressure gas storage and transport vehicles. It is among China’s top players in the market of cryogenic transport vehicles and cryogenic storage tanks and among top three in terms of domestic market shares for large storage tanks for LNG receiving stations, modular products for LNG refueling stations. CIMC ENRIC has built a global marketing network and have over 20 subsidiaries located in China, the Netherlands, Germany, Belgium, United Kingdom and Canada that operate production bases and internationally advanced R&D centers. For more information, please visit http://www.enricgroup.com This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment SER_020321_Hexagon Purus signs Joint Venture agreements with CIMC Enric for China and Southeast Asia
A doctor shocked the virtual courtroom as he appeared for his trial while tending to a patient who was undergoing a procedure.
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators. Ma and his family had held the top spot for China's richest in the Hurun Global Rich List in 2020 and 2019 but now trail in fourth place behind bottled water maker Nongfu Spring's Zhong Shanshan, Tencent Holding's Pony Ma and e-commerce upstart Pinduoduo's Collin Huang, the latest list showed.
Iktos announces collaboration with Pfizer in AI for Drug Design
Bid date, 2021-03-02Auction date2021-03-02Settlement date2021-03-03Maturity Date2021-03-10Nominal amount380 billion SEKInterest rate, %0.00Bid times09.30-10.00 (CET/CEST) on the Bid dateConfirmation of bids to e-mailrbcert@riksbank.seThe lowest accepted bid volume1 million SEKThe highest accepted bid volume380 billion SEKAllocation Time10.15 (CET/CEST) on the Bid dateProjected minimum liquidity surplus during the term962 billion SEKExpected excess liquidity at full allotment582 billion SEK Stockholm, 2021-03-02
Expanded research will include a complete electrolyzer device and a replacement for platinum to lower the cost of green hydrogenSANTA CLARITA, Calif., March 02, 2021 (GLOBE NEWSWIRE) -- NewHydrogen, Inc., a BioSolar company (OTC:BSRC), today announced that it has executed an agreement to expand the existing sponsored research agreement with the University of California at Los Angeles (UCLA) to develop technology to reduce the cost of green hydrogen production. The new agreement is 10 times the previous budget and significantly expands the scope of the research program. The initial sponsored research program at UCLA was focused on replacing the oxygen catalyst, iridium, a precious metal found only in asteroids, with low cost materials that meet or exceed the performance characteristics of iridium. The expanded research will focus on significantly reducing or replacing the hydrogen catalyst, platinum. Platinum is so rare that only 200 tons are mined every year and yet its demand is ever increasing in applications such as batteries, fuel cells, fiber optics, LCD displays, cancer treatment and many others. Additionally, a complete and fully optimized electrolyzer device will be developed that incorporates all the innovations from this research program. This fully functional hydrogen-producing electrolyzer will serve as a reference prototype to help electrolyzer manufacturers worldwide use our breakthrough technology to produce low cost green hydrogen. The research will continue to be under the direction of Dr. Yu Huang, Vice Chair for Graduate Studies, Department of Materials Science and Engineering. Dr. Huang and her team are creating methodologies to apply the latest developments in nanoscale materials and nanotechnology to impact a wide range of technologies including materials synthesis, catalysis, fuel cells, biomedical and devices applications. “We are very pleased to broaden our clean energy research program at UCLA with Dr. Huang and her team, a group whose collaboration we have a high level of confidence in,” said Dr. David Lee, CEO of BioSolar. “The expanded research focus takes some of the lessons learned and developed approaches thus far, and applies them to other raw materials including platinum, which we believe will maintain its increasing price trajectory. We appreciate the great work already accomplished and share the university’s goal of a greener world.” About NewHydrogen, Inc. NewHydrogen, Inc. is a wholly owned subsidiary of BioSolar, Inc. a publicly traded company (Symbol: BSRC). The company is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production. Hydrogen is the cleanest and most abundant fuel in the universe. It is zero-emission and only produces water vapor when used. However, hydrogen does not exist in its pure form on Earth so it must be extracted. For centuries, scientists have known how to use electricity to split water into hydrogen and oxygen using a device called an electrolyzer. Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen. Unfortunately, electrolyzers are expensive and rely on rare earth materials such as platinum and iridium. These very expensive materials account for nearly 50% of the cost of electrolyzers. The company’s technology is aimed at significantly reducing or replacing rare earth materials in electrolyzers with inexpensive earth-abundant materials to help usher in a green hydrogen economy that Goldman Sachs estimates will be worth $12 trillion by 2050. To learn more about the company, please visit https://www.NewHydrogen.com. Safe Harbor Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company with the United Stated Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. CONTACT INFORMATION Investor Relations Contact: Tom Becker BioSolar, Inc.ir@biosolar.com(877) 904-3733
SCANFIL PLC MANAGERS' TRANSACTIONS 2 March 2021 10.30 A.M. Scanfil Plc - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Kristoffer Asklöv Position: Other senior manager Issuer: Scanfil Oyj LEI: 7437004XD6U0FFDCT507 Notification type: INITIAL NOTIFICATION Reference number: 7437004XD6U0FFDCT507_20210301185930_2 ____________________________________________ Transaction date: 2021-03-01 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI4000029905 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 861 Unit price: 7.42 EUR (2): Volume: 129 Unit price: 7.42 EUR (3): Volume: 1 Unit price: 7.42 EUR (4): Volume: 560 Unit price: 7.4 EUR (5): Volume: 581 Unit price: 7.4 EUR (6): Volume: 635 Unit price: 7.4 EUR (7): Volume: 13 Unit price: 7.4 EUR (8): Volume: 5,220 Unit price: 7.4 EUR Aggregated transactions (8): Volume: 8,000 Volume weighted average price: 7.40248 EUR SCANFIL PLC Petteri Jokitalo CEO For additional information: CEO Petteri Jokitalo tel. +358 8 4882 111 www.scanfil.com
FinanstilsynetNasdaq Copenhagen A/S March 2, 2021 Vestjysk Bank A/S is exploring the possibility to issue Senior Non-Preferred. As part of the ongoing process to optimise its capital structure, Vestjysk Bank A/S has decided to explore the possibility to issue Senior Non-Preferred. The planned issuance of Senior Non-Preferred is expected to take place during the first quarter of 2021. Nykredit Bank A/S has been mandated as sole lead arranger. Please direct potential inquires to Jan Ulsø Madsen, CEO, on telephone +45 9663 2104. Vestjysk Bank A/SJan Ulsø MadsenCheif Executive Officer Vestjysk Bank A/S Torvet 4-5 7620 Lemvig Telephone +45 96 63 20 00 CVR-no. 34 63 13 28 www.vestjyskbank.dk
Seasoned industry executive Jennifer Geary appointed as General Manager, EMEACloud-based digital banking provider launches German subsidiary, nCino Germany GmbH LONDON, March 02, 2021 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced it is bolstering its European presence with the appointment of Jennifer Geary as General Manager, EMEA. In addition, the company has established an entity in Germany to deliver the nCino Bank Operating System® to advance the digital transformation of German financial institutions. “I am extremely excited to be joining nCino at such a pivotal moment for the European financial services industry,” said Jennifer Geary, General Manager, EMEA at nCino. “Having spent the majority of my career working in finance and technology, I look forward to using my experience to help financial institutions further adopt digital banking services as necessitated by the COVID-19 pandemic and evolving client preferences. nCino’s culture and proven success record of delivering measurable and meaningful results to financial institutions across the globe were major draws for me, and I hope to make a positive and lasting impact on the industry in this role.” Based in London, Geary is responsible for nCino’s full European functions, spearheading business expansion across the continent and into Africa and the Middle East. Geary has more than 20 years of experience in finance, technology, risk and legal, across diverse industries from financial services to not-for-profit. Prior to nCino, she was the Chief Risk and Operations Officer at Asto UK. She also spent 13 years in Barclays plc, initially in investment banking, followed by wealth management and finally as Chief of Staff to the Group General Counsel. She holds a B.Comm from University College Dublin and a Masters in Accounting from the Michael Smurfit Graduate School of Business. Geary’s appointment coincides with the launch of nCino Germany GmbH. The subsidiary was established to more locally meet the growing demands of financial institutions in Germany looking to modernise and improve their ability to innovate while reducing costs and keeping pace with changing regulations and client needs. Newly appointed in-country lead Jens Treskatis will help scale nCino’s German operations. With offices in London, Melbourne, Sydney, Toronto, Tokyo and Salt Lake City in addition to its worldwide headquarters in Wilmington, N.C., U.S.A., nCino currently works with more than 1,200 financial institutions ranging in size from large, international organisations to smaller neo and challenger banks. Built by bankers for bankers, nCino provides financial institutions with a flexible, digital, end-to-end platform that can help provide cost savings, improve portfolio quality, monitor risk, and cope with regulation demands. nCino’s CEO Pierre Naudé added, “The EMEA market plays an extremely important role in the future of nCino’s business and Jennifer is perfectly placed to take the helm of the operation; we’re very excited to have her join the team. Over the last twelve months and following our IPO in July, we have matured our position in the cloud banking market globally, and began working with financial institutions in new countries who are now experiencing the benefits of nCino. As such, we’re pleased to formally commence operations in Germany while advancing our presence across the entire European continent in a commitment to support even more financial institutions through innovation, reputation and speed.” About nCinonCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. The nCino Bank Operating System® empowers financial institutions with scalable technology to help them achieve revenue growth, greater efficiency, cost savings and regulatory compliance. In a digital-first world, nCino's single digital platform enhances the employee and client experience to enable financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, and open deposit and other accounts across lines of business and channels. Transforming how financial institutions operate through innovation, reputation and speed, nCino works with more than 1,200 financial institutions globally, whose assets range in size from $30 million to more than $2 trillion. For more information, visit: www.ncino.com. MEDIA CONTACTS Claire Sandstrom, nCino Natalia Moose, nCino+1 646.520.0710 +1 910.248.4602csandstrom@mww.com natalia.moose@ncino.com This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC's web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.
Pep Guardiola has told his Manchester City stars that they will not play if they naively believe that the Premier League title is already secured this season. The dominant leaders are in the midst of a record-breaking run of form, having sealed their 20th consecutive victory across all competitions against Champions League-chasing West Ham at the Etihad Stadium on Saturday. City’s players could be forgiven for believing that they are on an unstoppable march towards a first Premier League title since 2018-19, with further success possible given that the team are also through to yet another Carabao Cup final against Tottenham and will also compete in the quarter-finals of the FA Cup against Everton and hold a comfortable advantage over Borussia Monchengladbach in the last-16 of the Champions League after a 2-0 win in the ‘away’ leg held in Budapest.
Danone's shares edged up on Tuesday after the French food group split the chairman and chief executive roles held by Emmanuel Faber and launched a search for a new CEO following calls from several shareholders to shake up governance. Shares in Danone, the world's biggest yoghurt maker and whose brands include Evian and Actimel, were up 0.6% in early trade. Danone said late on Monday Faber would remain in the dual Chairman/CEO position until a new CEO was found and he would then become non-executive chairman.
The expansion of a massive Northern Territory mine is likely to impact an Indigenous sacred site, a federal parliamentary inquiry has been told.A growing waste rock pile over 100 metres high at Glencore's McArthur River Mine will come close to the culturally significant area, the Aboriginal Areas Protection Authority says.
Top companies covered are Ezaki Glico Co., Ltd., The Hershey Company, Mondelez International, Ferrero SpA, HARIBO GmbH & Co. KG, Chocoladefabriken Lindt & Sprungli AG, Meiji Holdings Co., Ltd., Nestle S.A., Barry Callebaut, and more players profiled in confectionery market research reportPune, India, March 02, 2021 (GLOBE NEWSWIRE) -- The global confectionery market size is projected to reach USD 245.28 billion by 2026, registering a CAGR of 3.23% during the forecast period. Rising health consciousness among consumers will play a key role in augmenting the growth of this market, shares Fortune Business Insights™ in its recent report, titled “Confectionery Market Size, Share & Industry Analysis, By Type (Chocolate, Sugar, and Gums), Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Departmental Stores, and Online Retails), and Regional Forecast, 2019 – 2026”. According to the confectionery market report, the value of this market stood at USD 190.77 billion in 2018. Manufactured chocolate bars and candies are known to contain large amounts of artificial sweeteners. With the increasing prevalence of lifestyle-related disorders, even the most ardent chocolate-lovers are getting increasingly inclined towards organic and natural ingredients-based products. For example, the Swiss chocolate maker Barry Callebaut’s research found that the market value for organic chocolates currently stands at €30 million in Western Europe alone. This figure shows that the shifting consumer preference for chocolate and other confectionery items made from naturally-derived extracts will lead to the confectionery market trends in the foreseeable future. Key Drivers & Restraints- Hectic Lifestyles to Foster Sales Opportunities Global economic growth and development have led to an explosion of job and business opportunities. Greater access to education and skill development have expanded the number of employable people around the world, resulting in more working people and more office spaces, especially in large urban conglomerations. As a result, modern lifestyles have become more hectic and stressful, with the unfortunate consequence being on the health and fitness of people. Therefore, many consumers are now demanding on-the-go confectionery snacks, preferably having low sugar and fat. Chocolate, owing to its numerous health benefits, is the most consumed confectionery product in the world, and many companies are now developing sugar-free and organic chocolate items to cater to the health-conscious urban populace. Furthermore, chocolate consumption has positive physiological effects. The Loma Linda University Adventist Health Sciences Center in California found, through a research study, suggested that chocolate consumption positively impacts brain health and reduces stress and inflammation. Get Sample PDF Brochure with Impact of COVID19: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/confectionery-market-100542 List of the Top Companies Operating in the Confectionery Market are: Fortune Business Insights lists out some of the significant organizations operating in the Confectionery Market. They are as follows: Ezaki Glico Co., Ltd.The Hershey CompanyMondelez InternationalFerrero SpAHARIBO GmbH & Co. KGChocoladefabriken Lindt & Sprungli AGMeiji Holdings Co., Ltd.Nestle S.A.Barry Callebaut Regional Analysis Europe to Lead the Pack; Asia-Pacific to Showcase Excellent Growth Trajectory With a market share of 39% in 2018, Europe is slated to dominate the confectionery market share in the coming years, primarily on account of high consumption chocolate items. Consumers are increasingly demanding premium and customized confectionery products and are willing to pay for such items, prompting companies to manufacture and deliver superior offerings in the region. Asia-Pacific holds tremendous growth opportunities for this market owing to rising disposable income, increasing young and working-age population, and rapid urbanization. As a result, many players are implementing different strategies to establish themselves in the Asia-Pacific region, especially China and India. The report further contains answers to the following questions: What are the major factors driving the market?What are the main hurdles that the market is facing and will face in the future?What are the key market segments?Which region or regions hold the largest potential for the market to grow?How are the competitive dynamics shaping the market?Who are the prominent players in this market and what are their key strategies? Competitive Landscape Launch of Natural Extracts-derived Products to Spur Competition The confectionery market forecast envisages a period of cutthroat competition in this market as companies deploy various strategies to meet the escalating demand for organic confectionery items. Besides this, many players are also attempting to broaden their business horizons by introducing novel offerings in foreign markets. Browse Summary of This Research Insights with Detailed TOC: https://www.fortunebusinessinsights.com/industry-reports/confectionery-market-100542 Detailed Table of Content: Introduction Research ScopeMarket SegmentationResearch MethodologyDefinitions and Assumptions Executive SummaryMarket Dynamics Market DriversMarket RestraintsMarket OpportunitiesEmerging Trends Key Insights Overview on Related/Parent Market Global Chocolate Consumption TrendGlobal Cocoa Production Trend Supply Chain AnalysisIndustry SWOT AnalysisRecent Industry Developments - Mergers & Acquisitions, Expansions, Partnerships, and Investments Global Confectionery Market Analysis, Insights and Forecast, 2015-2026 Key Findings / SummaryMarket Size Estimates and Forecast By Type ChocolateSugarGums By Distribution Channel Hypermarket/SupermarketConvenience StoresDepartmental StoresOnline Retail By Region North AmericaEuropeAsia PacificSouth AmericaMiddle East & Africa TOC Continued…! Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/confectionery-market-100542 Some of the key Industry Developments of the Spices and Seasonings Market include: August 2016: Ajinomoto Co., a food and biotechnology corporation based in Japan, announced that it would invest USD 23.1 Million to meet the increasing demand for flavor seasonings in Thailand. The company will advance its production capacity for Ros Dee, its flavor seasoning in the Kingdom of Thailand. As per the company, the flavor seasoning market in the country has increased by approximately 1.3 times for the past five years to around 70,000 tons in 2015. It is anticipated to grow in the upcoming years owing to the rising usage of seasonings at houses, food stalls, and restaurants. Have a Look at Related Research Insights: Kefir Market Size, Share & COVID-19 Impact Analysis, By Product Type (Dairy-based & Non-dairy), By Nature (Organic & Conventional), Category (Flavored & Non-flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, & Online Retail), and Regional Forecast, 2020-2027 Soup Market Size, Share & COVID-19 Impact Analysis, By Type (Instant, Dehydrated, Canned, Chilled, and Others), Distribution Channel (Hypermarket/Supermarket, Convenience Store, Online Retail, and Others), and Regional Forecast, 2020 – 2027 Sugar Alcohol Market Size, Share & COVID-19 Impact Analysis, By Type (Sorbitol, Xylitol, Maltitol, Erythritol, and Isomalt), Application (Food and Beverages, Pharmaceuticals, and Cosmetics and Personal Care), and Regional Forecast, 2020 – 2027 Processed Meat Market Size, Share & Industry Analysis, By Type (Frozen, Canned, and Chilled), Animal Type (Poultry, Beef, Pork, and Others), Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Specialty Stores, and Others), and Regional Forecast, 2020 – 2027 About Us Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges. Contact Us: Fortune Business Insights™ Pvt. 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Blockchain sports venture Chiliz, which is heavily involved in European soccer, will invest $50 million in an expansion to the United States, chief executive Alexandre Dreyfus has told Reuters. The company based in Malta offers tokens to fans which allow them to vote in a series of polls and receive special promotions and rewards, creating what it calls a "new digital revenue stream" for sports organisations through engagement with global fan bases. The fan tokens are listed on Binance, one of the world's biggest cryptocurrency exchanges, and last week Serie A club AC Milan became the latest team to launch their token, generating $6 million of revenue in the first day.
Online retailer Amazon's new Polish website went live on Tuesday morning, marking a significant intensification of competition in the country's booming e-commerce sector. Amazon had said in January it would open a Polish site to better serve local customers previously reliant on its German version but did not set a date. The news had sent shares in Polish e-commerce firm Allegro sharply lower on the day.
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