Business News

Confectionary market is the robust-selling segment in the food and beverages industry. It is growing with new market trends in 2024. Confectionary industry is gaining momentum due to consumer’s growing preferences to delicacies of different desserts and sweets. A survey of 2024 shows that global confectionary market will account for USD 586.3 billion in 2024. Further, the confectionery market in anticipated to grow from 5.33 percent each year till next four years.

North America is the hub of premium confectionary trends globally due to its consumers…

The global automotive industry faces multiple challenges in 2024. It is due to several other reasons apart from its affordability. Since the beginning of 2024, automotive trends have been evolving, shaking the balance of the automotive domain. A survey report of 2024 shows that the slow momentum of consumers towards the adaptability of electric vehicles may impact the green transition. Globally, the nations are focusing on transformation with renewable energies towards clean energy transition by the end of 2050. Around 50 percent of the improvement is…

Ferro alloys play a crucial role in India’s steel industry. The manufacturing and production sector relies on ferro alloys to boost the nation's heavy industries and steel production. A survey of 2024 shows that the ferro alloys market is facing several challenges in 2024. Hence, it impacts ferro-alloys' global competitiveness due to high import tariffs, high power prices, and limited high-grade supplies to industries.

Indian economic growth relies heavily on its steel industry. Further, steel manufacturing includes ferro alloys as the primary product…

In 2025, the UK government unveiled many essential policies to address the growing trash situation, including a new plastic packaging tax and a landfill fee rise to lessen dependency on landfills. Studies show that over half of Britons support taxes to reduce domestic carbon footprints, with waste management fees being the most common. A survey by Energy Performance Certificate (EPC) and energy efficiency platform Energy Performance and Information Management System (epIMS) found that a quarter of respondents supported a tax on improper recycling…

Biodiversity across the world is under crippling threats, and according to a report published in 2025, enormous stress is being induced on different ecosystems around the world. The report explains that almost all Key Biodiversity Areas (KBAs) in the world are at risk from habitat mosaicking, climate change, and pollution.

Threats to resources on earth stem from overexploitation of agriculture and livestock farming. KBAs undergo land cover alterations to accommodate agriculture and livestock grazing in nearly 30% of KBAs. This significantly impacts the…

The aluminum sector of the US economy is facing significant shifts in the operational landscape due to reinstating the 25% tariff on aluminum imports starting March 12, 2025. This change follows a prolonged suspension of tariffs on Canada and Mexico, which were implemented under President Trump's administration in 2018 as part of his national security measures.

These tariffs will tremendously affect producers in both the domestic and global markets. Aluminum manufacturers in the US stand to gain from decreased foreign competition as the tariffs make…

The collaboration between the United States of America and Ukraine is set to become more pronounced in the critical minerals industry in 2025. It is projected to disrupt global supply chains and enhance the economic resilience of Ukraine within the context of persistent geopolitical conflicts. Acceleration of U.S. involvement is expected to lead to the exploration and exploitation of dormant mineral reserves. Newer mining technologies and sustainable extraction practices are expected to be implemented, thus protecting the environment by mitigating the…

Europe's main airlines are choosing smaller mergers and acquisitions (M&A) agreements instead of complete takeovers in the face of rising regulatory obstacles and financial worries. Minority stakes are also their preferred choice. With this calculated change, they want to improve their market share while cutting costs and facing less attention in 2025.

 Insiders in the business disclose that carriers like Lufthansa and Air France-KLM are changing their strategy by purchasing partial interests in other airlines, therefore avoiding lengthy legal clearance…