Meet the next-normal consumer
New York – As the world begins its slow pivot from managing the COVID-19 crisis to recovery and the reopening of economies, it’s clear that the lockdown has had a profound impact on how people live. The period of contagion, self-isolation, … Continue reading Meet the next-normal consumer
Hong Kong economy to shrink 6 to 8 per cent
Hong Kong – Hong Kong’s economy is expected to shrink by between 6 and 8 per cent this year – in what would be the first back-to-back annual contractions since record-keeping began 1961 – as the city grapples with a third wave … Continue reading Hong Kong economy to shrink 6 to 8 per cent
Japan: Carlyle Group to invest over 9.4 billion Dollars
eTOKYO – U.S. private-equity firm Carlyle Group plans to pour more than $9.4 billion into Japanese businesses over the next three to five years, anticipating new opportunities arising from the coronavirus pandemic. “Momentum toward reform at Japanese companies is picking … Continue reading Japan: Carlyle Group to invest over 9.4 billion Dollars
Germany promotes Battery Production with Subsidies
Berlin – The German government is investing more than EUR 1.5 billion in battery cell research and production – a key element in the country’s planned transition to clean energy and mobility. Major players in the industry are lining up … Continue reading Germany promotes Battery Production with Subsidies
Retailers prepare for post-coronavirus recovery
New York – As the coronavirus pandemic disrupts the lives and livelihood of millions, retailers are working to understand what changes will be needed once the outbreak subsides and stores can reopen. A new survey of 98 US-based retail executives in … Continue reading Retailers prepare for post-coronavirus recovery