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…

The automotive industry will benefit significantly from strategic partnerships in artificial intelligence (AI) and its use in cars. AI integration into automobiles is projected to improve considerably in the year 2025 due to the formation of various partnerships within the industry. The quadric incorporation and DENSO Corporation collaboration are certainly of note. DENSO Corporation, a leading automotive components manufacturer, revealed on October 29th that they will partner with Quadric Incorporation, an edge computing transformer. The two are set to…

In 2025, the global semiconductor industry is already grappling with new and complex challenges emanating from the trade wars and policy changes between the United States and China. The semiconductor industry, an essential backbone of technology, suffers the consequences of an integrated economy and geopolitics, which, in consequence, hurts EVs, AI, and industrial manufacturing. As China’s access to semiconductors is made more difficult by new American tariffs and export control policies, analysts predict supply chain difficulties, increased costs, and a…

With the "Magnificent Seven”- Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla leading the fall, the US stock market saw a significant dip in early 2025. Usually seen as market drivers, these IT behemoths found themselves in the correction zone and substantially affected the S&P 500 with their extensive market capitalization.

 Tesla suffered a significant drop; since December 2024, its stock price has been about half-turned. Several factors helped to cause this downturn:

1. Sales Underperformance: Throughout important areas, Tesla's sales in…

Officially starting on March 12, 2025, the Trump administration's 25 percent tariffs on all steel and aluminum imports formally marked a dramatic change in the United States (U.S.) trade policy meant to support home manufacturing. Although these tariffs safeguard American businesses, their effects on the closest trade partners, especially Canada and Mexico, and the U.S. economy might be significant.

 Canada, the top supplier of steel and aluminum to the United States, is expected to suffer most from these policies. With a predicted 0.39 percent drop in…

In 2025, the British steel industry suffered major setbacks after the United States infringed a 25 percent tariff on steel and aluminum imports. This future event alarmed British manufacturers and policymakers because it might heavily impact exports and employment opportunities domestically.

The American government-enforced trade restrictions to shield American industries and minimize trade deficits. The 25 percent tariffs on aluminum and steel imports have eased speculations around the negative global response of the northern EU and Canada placing…

April 11, twenty twenty-five  Amid rising trade tensions and new rounds of tariffs, the United States (U.S.) Energy Information Administration (EIA) on Thursday lowered its predictions for worldwide oil demand growth as oil prices fell more than 4 percent in a turbulent trading day.

 The EIA now predicts 2025 global oil demand growth at 900,000 barrels per day (bpd), down from its previous estimate of 1.2 million bpd. The forecast for 2026 has also been cut somewhat to 1.1 million bpd. The change comes as financial markets react to a fresh wave of…

Emphasizing that such conversations are wrong among continuous Russian aggression in Ukraine, Germany's departing Economy and Energy Minister, Robert Habeck, strongly objected in March 2025 to discussions about restoring the Nord Stream gas pipelines. Habeck's position captures Germany's will to reduce reliance on Russian energy supplies by 2025.

 Comprising Nord Stream 1 and the uncommission Nord Stream 2, the Nord Stream pipelines were important conduits for Russian natural gas to Europe. But in September 2022, both pipelines exploded, causing…

In 2025, the bio-based resin sector is experiencing significant growth, driven by stringent environmental regulations and a resurgence of investor confidence. The global market is set to experience rapid market growth between 2025 and 2030, driven by increasing demand for sustainable alternatives to petrochemical-based materials and startups being ready to embrace this opportunity with their fullest potential.

In 2025, UK-based FlexSea has gained a reputation for creating high-performance packaging sheets using biomaterials generated from seaweed…

In 2025, The “Cobots” Adoption in SMEs Market will Begin Transitioning as Small and Medium Sized Enterprises (SMEs) in Europe, Asia, and North America are cross-adopting collaborative robots (cobots) to enhance intralogistics and material handling. Due to persisting customizations in work and labor shortages in 2025, SMEs are abandoning conveyor belt systems for mobile, adaptable solutions provided by cobots.

By 2025, the average deployment cost, having decreased by 18% year on year will make cobots much more accessible, according to the International…