Home Search
Building sector boom - search results
If you're not happy with the results, please do another search
World News – CA – Iraq devalues its currency by a record as the...
. . (Bloomberg) - Iraq has devalued its currency by nearly 20% against the dollar, which is the highest as the financially troubled government faces an economic crisis caused by low crude oil prices and cuts in oil production. The central bank set the official course on Saturday 1. Reduced 450 dinars per dollar, the first devaluation since 2003. That is from about 1. 190 previously. Dollars are priced at 1. 460 dinars each sold to local banks. The devaluation of the world's third largest oil exporter threatens to bring some goods beyond the means of ordinary Iraqis and spark unrest in a country that is heavily importing and still teetering from deadly protests against the government last year. Finance Minister Ali Allawi said a main reason for this move was to activate the private sector and local production while avoiding a severe budget deficit. "What has been done is a preventive step," Allawi said in a television interview on the Iraqi state channel. Without this step, inflation will rise and “we will hit the wall. Cash-strapped Iraq is seeking $ 2 billion upfront for OilIraq to keep its foreign currency reserves from being depleted after coronavirus weakened energy demand and prices fell. Without the devaluation, the reserves would have been depleted within six to seven months and the budget deficit could reach 100 trillion dinars ($ 84 billion) in 2021, Allawi said. The International Monetary Fund estimates that the Iraqi economy will contract by 12% this year, more than any other OPEC member on a production quota, and that its budget deficit will reach 22% of gross domestic product. The government last month requested advance payments in exchange for a long-term crude oil supply contract to ease the financial situation. What Bloomberg Economics Says. . . “The devaluation was inevitable given the collapse in oil prices and budgetary pressures Iraq is facing. The government says this is a one time and will not be repeated, but we'll see if it does. It is also important to watch the population's reaction to the resulting rise in the cost of living and the government's austerity program. ” - Ziad Daoud, Emerging Markets Chief EconomistThe economic crisis is hurting a nation that has been in chaos for most of the time since the US. S.. . -led invasion of 2003 that overthrew Saddam Hussein, civil war, uprising of the Islamic state and a striving for independence by the Kurds in the north, an important oil-producing region. All major oil producers have been hit by the coronavirus-induced collapse in crude oil prices. But Iraq, in which oil accounts for almost all government revenues, is worse off than most of the others. Quotas agreed with other oil exporters to stabilize the market mean there is a limit to the number of barrels Iraq can pump. Prime Minister Mustafa Al-Kadhimi, who came to power in May, has warned that as a result, the authorities will struggle to pay officials without incurring more debt. This threatens to repeat the upheaval that toppled the government last year and killed hundreds of protesters. The crumbling Iraqi economy becomes a threat to OPEC demonstrators at a rally in Tahrir Square in late October denounced corrupt politicians, daily power outages, run-down hospitals, crumbling streets and job shortages, and urged the government to ignore OPEC's production cuts. (Updates with political context, graphic from third paragraph) For more articles like this, please visit us on Bloomberg. comSubscribe now to stay one step ahead with the most trusted business news source. © 2020 Bloomberg L. . P. .
. . World News – AU – A Look At The Intrinsic Value...
. . In this article, we will look at the intrinsic value of Greenlane Renewables Inc. . (CVE: GRN) by estimating the. . .
World News – AU – Russia wins long game in the Arctic
. . By registering you agree to receive e-mail newsletters or updates from POLITICO and you agree to our privacy policy...
. . World News – United States – The global document management systems...
. . The market for document management systems (DMS) is constantly changing as efficiency in the workplace has to be increased. It is expected that the improved technologies and efficient execution of DMS will gradually eliminate the traditional paper file concept. New York, Dec. . 16, 2020 (GLOBE NEWSWIRE) - Report linker. com Announces the Release of Document Management Systems Market - Growth, Trends, Forecasts (2020-2025) report - https: // www. reportlinker. com / p05891592 /? utm_source = GNW - The market for document management systems is constantly changing, as efficiency in the workplace must be increased. With the improvement in technology and the efficient execution of the DMS, the traditional concept of paper files is expected to be gradually eliminated. Xerox says 46% of small and medium business employees waste time on inefficient, paper-based workflows every day. This means that intelligent document management systems can improve these processes. Companies that already use sophisticated document management systems gain a significant competitive advantage. - The banking sector is also one of the most regulated economic sectors. Compliance with legal standards and regulations, and the provision of updates, are essential for any finance or credit company. This requires a bank DMS to support the implementation of the regulatory and legal framework. In December 2019, Deutsche Bank entered into a partnership with NetDocuments for their cloud-based legal DMS. This will likely ensure safe and quick access to relevant documents for all employees in the bank's legal department. - Virtual learning environments in the midst of the COVID-19 pandemic have grown in popularity. The administration and delivery of complete online training solutions for volunteers is monitored in combination with document management systems to control the validation and publication of these training procedures and security documents. - In the health sector, the lack of coherent data between patients with the proliferation of electronic health records further encourages the adoption of such tools. COVID-19 cases have resulted in a lot of data being generated due to the increasing number of patients being treated and the increasing number of medical facilities. The effective and reliable management of the generated documents, as well as the need to minimize paper consumption in order to reduce operating costs and storage problems, are driving the market under study considerably. Key Market Trends Healthcare Is Growing Fastest - The health care industry is on the verge of a complete turnaround, fueled by digitization driven by government initiatives in regions such as North America and Europe, and a growing consumer reliance on doctors using digital technology Documentation systems. A prominent proportion (over 90%) of patients want to use digital tools to interact with their care providers, according to a recent study of over 650 healthcare consumers. - With the advent of the Internet of Things and the increasing spread of the Internet, the demand for various AAL solutions and services such as telemedicine, telecare, telemedicine, telecoaching and mHealth is becoming increasingly important. The acceptance of digital health tools by doctors is also increasing due to improved efficiency and safety in their practices. According to a study by the American Medical Association (AMA) conducted in 2016 and repeated in 2019, the acceptance of tele / virtual visits increased from 14% to 28%, the acceptance of remote monitoring and management from 13% to 22% and Die Remote monitoring efficiency adoption increased from 28% to 37%. - In the healthcare industry, significant amounts of data are manually collected through contrasting internal IT systems and numerous collections of documents, databases and forms. With the introduction of document management systems, healthcare professionals can create electronic health records, minimizing the risk of critical documentation being misplaced and increasing security access. The healthcare business encompasses a wide range of applications such as:. B.. managing electronic health records, drug discovery, health insurance claims, scheduling patient appointments, stimulating account billing, implementing post-discharge policies, and managing healthcare workflow. These applications involve a huge trail of paper. - Trust in hospitals and doctors to keep digital health information secure is increasing, which continues to drive demand. However, confidence in tech companies and the government is declining. According to a 2019 study by Accenture, 89% of healthcare consumers trusted their doctor or other providers "a lot" or "some" to store their digital health information, such as electronic health records. - In addition, open source tools are gaining in importance in the health sector, which has led many practitioners to use open source technologies for setting up a DMS. In addition, big data and AI continue to revolutionize the health sector. Stakeholders are also integrating these technologies into the RPA platform to improve efficiency and patient care while reducing costly administrative errors. In September 2019, Imperial College Healthcare's NHS Trust selected IMMJ Systems Mediviewer, an electronic document management system (EDMS) that enables hospitals to scan, index, archive and access paper medical records and access them through a user interface. Asia-Pacific has the highest market growth - The increasing need to implement document management systems to curb the illegal logging and transportation is likely to boost the document management system market over the forecast period. ? For example, the China National Forest Products Industry Association (CNFPIA) developed the standard for verifying the legality of wood, which is envisaged as an important element of CTLVS. CNFPIA has published the standard that defines the requirements for legality at the forest management level and throughout the custody chain. This includes the legality of wood requirements for document management, transportation and sales, verification of legality for domestic and imported wood, and the development of a system for the legality of wood and processing and trading. ? - In the Asia-Pacific region, a majority of students enrolled in universities are entering. Therefore, it is essential for universities to keep a document path for every student. The number is increasing from year to year and offers DMS providers the opportunity to open up the market. - Document management is a priority in the Asia-Pacific region. In 2019, Citi Bank launched digital onboarding for institutional clients in the Asia-Pacific region. The new digital solution replaces the manual, paper-based and courier-based documentation process and is based on a global program for streamlining documentation, which reduced over 70% of service agreements and forms. Competitive Landscape The document management system market has gained a competitive advantage in recent years. It consists of several main actors. In terms of market share, some of the key players are currently dominating the market. However, with the increasing demand for maintaining the rapidly growing patient records, companies have been able to innovate and deploy strategic document management systems. Many companies increase their market presence by entering into new contracts by entering new markets. - March 2020 - Hyland has added new features to its document filter product offering and released three separate updates in the last six months. Additional file formats are to be added with each release. The goal is to provide the most comprehensive filtering toolkit that can handle all of the files a business comes across on a typical day. With the most recent versions, Hyland now supports more than 550 file formats, of which over 75 are supported for high definition playback. - February 2020 - Agiloft announced the addition of its new Agiloft AI Engine, which has pre-built AI capabilities for contract management and open AI integration that allows customers to integrate bespoke AI tools into the no-code platform. Reasons to buy this report: - The Market Estimation Sheet (ME) in Excel format - 3 months of analyst support Read the full report: https: // www. reportlinker. com / p05891592 /? utm_source = GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all of the market research you need - instantly in one place. __________________________ CONTACT: Clare: clare @ reportlinker. com US: (339) -368-6001 Intl: 1 339-368-6001
. . World News – UK – Bitcoin hits 2-week high above $...
. . Bitcoin has hit its highest point since hitting an all-time high in December. 1.
. . World News – USA – Aimco Completes Housing Income Segregation REIT...
. . The housing investment and management company (NYSE: AIV) ("Aimco") announced today that it has completed the separation of its businesses (the "Separation") to create two separate and separate public companies, Apartment Income REIT Corp.. . ("AIR") and Aimco. Aimco will maintain its growing community development and refurbishment business and will make various other value-adding investments in the United States. S.. . Multi-family sector.
. . World News – United States – Alexion Merger Investigation: Halper Sadeh...
. . Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Alexion Pharmaceuticals, Inc. . (NASDAQ: ALXN) to AstraZeneca PLC for $ 60. 00 in cash and 2. 1243 AstraZeneca American Depositary Shares for each Alexion share are fair to Alexion shareholders.
World News – USA – Cisco plans to add artificial intelligence capabilities to its...
. . ResearchAndMarkets. com published a new article on the CRM industry "Cisco wants to add artificial intelligence functions to its existing customer relationship management solutions"
World News – CA – SoftBank discusses a « slow-burn » overbought to go private
. . (Bloomberg) - SoftBank Group Corp.. . is debating a new strategy to go private by gradually buying back outstanding shares until founder Masayoshi Son has enough stake to squeeze out the remaining investors, according to those familiar with the matter. The approach would likely take over a year and mean the Japanese company would continue to sell assets to fund successive buybacks. Son wouldn't buy any more shares himself, but his stake, which is now 27%, would increase as other investors sell shares. According to Japanese regulations, Son could force other shareholders to sell if it reaches 66% of the shares, possibly without paying a premium. One perk of the plan, which insiders have dubbed "slow motion" or "slow motion" buying, is that according to the population, SoftBank has the flexibility to buy its own stocks when they fall. In the event of a formal buyout, a premium of around 25% would have to be paid. . Shareholders are also likely to support buybacks, especially as the company continues to trade at a discount to the total value of its holdings in Alibaba Group Holding Ltd. companies. and Uber Technologies Inc. . to DoorDash Inc. . The billionaire only said in February that he thought SoftBank was better off as a public company. More recently, he declined to comment on his plans after reports of a possible buyout were released in publications including Bloomberg News. "If our stocks fall, I'll buy back more stocks more aggressively," Son said at a conference in November. SoftBank declined to comment on this story. The shares even rose 6. 7% according to Bloomberg's report. Son has been debating the idea of going back and forth privately for at least five years. When SoftBank's shares fell in March with the coronavirus pandemic, he began talks with advisors and lenders, including Elliott Management Corp.. . and Abu Dhabi sovereign wealth fund Mubadala Investment Co. . Despite SoftBank's market capitalization of around $ 50 billion and three times that amount of assets, banks were hard to convince. They offered unfavorable conditions and torpedoed the talks, said one person involved in the negotiations. Instead, Son revealed plans to sell approximately $ 43 billion in assets to pay off debt and buy back shares. By June he had dumped $ 13. 7 billion Alibaba shares, an even larger portion of its stake in T-Mobile US Inc. . and some shares in SoftBank Corp.. . , its Japanese telecommunications unit. Then he went further and announced the sale of Arm to Nvidia Corp.. for around 40 billion US dollars, the stake in SoftBank Corp.. . by about a third and sale of a majority stake in the telephone distribution company Brightstar Corp.. . Son says he's now sitting on $ 80 billion in cash. The robust IPO has also brought some big gains for SoftBank on investments, including China’s KE Holdings Inc. . and DoorDash. However, SoftBank's market value has rallied more than 160% from its March low. The value of the stock outside of his control is approximately $ 87 billion. SoftBank is not required to publicly announce buyout plans unless specific steps are taken, e.g.. B.. the establishment of a special committee to review the offer or the obtaining of letters of intent from the banks for the financing, according to one of the known persons. The disclosure rules in Japan, where management buyouts are rare, have gray areas that would give SoftBank room to maneuver, the person said. Son can still do a traditional management buyout if the stock price drops below a certain level, one of the respondents said, declining to provide certain numbers. Elliott, SoftBank's largest outside shareholder, would attend, provided the stock was still trading at a discount to its underlying, according to someone else. The Japanese conglomerate is also less indebted today and a much easier tool for banks than it was in March, the person said. After the repurchase 1. SoftBank holds 35 trillion yen of shares this year and holds approximately 12% of the outstanding shares. Son controls about 26. 8% by different companies. The company has already announced plans to buy back 1. Another 5 trillion yen by July next year. At yesterday's closing price, this would increase Son's stake to less than 35%, a long way to a decisive majority. Some analysts are skeptical that in the face of such challenges, Son would seek a buyout - and its propensity to use cash for ambitious deals. "Until this year, Son has shown little appetite to tackle the rebate with buybacks," said Atul Goyal, senior analyst at Jefferies. "Are we supposed to believe that now he's going to be spending years and all of SoftBank's money on this program instead of doing what he really loves - making big stakes in technology?" The problem with a slow burning MBO strategy is that the buybacks are likely to add to the cost of the potential deal, according to Goyal. Even if Son manages to increase his personal stake in the company to 66%, Goyal is not convinced that he can carry out the buyout without a challenge from minority shareholders. Many at SoftBank are also against the idea of going private. The sheer amount of cash is an obstacle. Privatization is also likely to cause a setback for rating agencies, making it difficult to refinance billions of dollars in corporate bonds, one person said. A buyout would actually prevent Son from doing big business for a year and a half, a factor that gives him food for thought, another person said. In February, when considering the idea of a buyout, Son said he had decided against a deal after serious deliberation. Keeping SoftBank public would allow shareholders to participate in the company's growth and enforce management discipline, including transparency, he said at the time. (Updates of stock surge in paragraph six) For more articles like this, please visit us on Bloomberg. comSubscribe now to stay one step ahead with the most trusted business news source. © 2020 Bloomberg L. . P. .
. . World News – CA – The global e-bike market size is...
. . Government support and initiatives to increase sales of e-bikes would drive the global e-bike market. The Class III e-bike is valued as the fastest growing e-bike market in the world. New York, Dec. . 08, 2020 (GLOBE NEWSWIRE) - Report linker. com announces the release of the report "E-Bike Market by Class, Battery, Motor, Mode, Usage, Speed, and Region - Global Forecast to 2027" - https: // www. reportlinker. com / p05754128 /? utm_source = GNW class III e-bikes offer a potential solution for replacing cars to avoid traffic and reduce emissions. Therefore, the Class III e-bike market is expected to grow over the forecast period. Class III e-bikes are not currently available in the Asia-Pacific region. While Switzerland is the largest market for class III e-bikes in Europe, followed by Belgium and Italy. The North American region currently has limited distribution of Class III e-bikes, with only six states approving their operation. Class III e-bikes in Europe and North America have a minimum age limit of 16 years. Folding and fat tire e-bikes are valued as the fastest growing e-bike market worldwide. The collapsible e-bike is becoming a popular choice with near-urban commuters. Large conventional bicycle manufacturers are also bringing their e-bikes to the Indian market with the latest technology and innovative design. For example, Hero Cycle is presenting its e-bikes at Auto Expo 2020, which include a folding bike (Easy Step, a Straphanger) and an electric fat bike (Essentia). . Currently, the market for folded and fat tire e-bikes is limited in the Asia-Pacific, Europe and North America. However, we assume that the market for folded and fat tire e-bikes will be the fastest growing e-bike market worldwide during the forecast period. North America is expected to be the fastest growing market in the world. There is currently a minimal presence of e-bike manufacturers in the North American region, resulting in a limited market for e-bikes. However, the public awareness of e-bikes and the commitment / interest of traditional bike brands for e-bikes has led to an enthusiasm for e-bikes in the market. Pedego Electric Bikes and Trek Bicycle Corporation are the main manufacturers of e-bikes in North America. Therefore, North America is expected to be the fastest growing market over the forecast period. The breakdown of the primary respondents • By company: OEM - 70%, Tier 1 - 30% • By title: Director Level - 30%, C-Level Executives - 60%, Others - 10% • By region: Asia-Pacific - 50% %, Europe - 20%, North America - 30% The e-bike market is dominated by global players and includes several regional players. The main players in the e-bike industry Accell Group N. . V. . (Netherlands), Pon. Bicycle (USA), Merida Industry Co. . , GmbH. (China), Giant Manufacturing Co. . , GmbH. (Taiwan) and Yamaha Motor Corporation (Japan). The study includes an in-depth competitive analysis of these key players in the E-Bike market with their company profiles, a SWOT analysis of the top five companies, recent developments, and key market strategies. Research Report The report covers the E-Bike market by Class (Class I, Class II, Class III), Battery Type (Lithium Ion, Lithium Ion Polymer, Lead-Acid, etc.. ) and engine type (center, hub) from), mode (gas, pedal assistant), use (mountain / trekking, city / town, freight, other), speed (up to 25 km / h, 25-45 km / h) and Region (Asia Pacific, Europe, North America). Industry analysis and company profiles are also gathered in this report, highlighting emerging and high growth segments of this market, SWOT analysis, competitive landscape, competitive leadership mapping, and market dynamics (drivers, restraints, opportunities, & challenges). . Key Benefits of Buying the Report: The report will help the market leaders / new entrants in this market with information on the closest approximations of the sales figures for the whole E-Bike Market and its sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their companies and plan appropriate go-to-market strategies. The report also helps the stakeholders get the pulse of the market and informs them of key market drivers, restraints, challenges, and opportunities. Read the full report: https: // www. reportlinker. com / p05754128 /? utm_source = GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all of the market research you need - instantly in one place. __________________________ CONTACT: Clare: clare @ reportlinker. com US: (339) -368-6001 Intl: 1 339-368-6001