Category: News

Russia: Soft drinks bottling up 9% YOY in 2M 2025 — Agriculture Ministry

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Russia: Soft drinks bottling up 9% YOY in 2M 2025 — Agriculture Ministry

Moscow, April 18 (TASS) — Russia’s soft drinks sector has shown robust growth at the start of the year, with bottling volumes of non-alcoholic beverages rising by 9% year-on-year in January–February 2025 to 126.7 million decaliters, according to a statement from the Russian Ministry of Agriculture. “Russian bottlers significantly increased the output of non-alcoholic drinks…

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IMF Unveils New Global Standards for Macroeconomic Statistics with Release of BPM7

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IMF Unveils New Global Standards for Macroeconomic Statistics with Release of BPM7

Washington, D.C., March 20, 2025 — The International Monetary Fund (IMF), in collaboration with the global statistical community, has released the seventh edition of the Integrated Balance of Payments and International Investment Position Manual (BPM7), establishing updated international standards for compiling external sector statistics. The manual, last updated in 2009, incorporates significant changes reflecting the…

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Car Rental Platform Market Poised for Growth: Key Trends and Industry Insights

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Car Rental Platform Market Poised for Growth: Key Trends and Industry Insights

The global car rental platform market is set for significant expansion, with market research from HTF Market Intelligence indicating a projected growth from $80 billion in 2024 to $120 billion by 2032, at a compound annual growth rate (CAGR) of 6%. This growth is fueled by increasing consumer preference for digital booking solutions, the rise…

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Jeffrey Sachs at the European Parliament: A Call for Pragmatic Global Cooperation

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Jeffrey Sachs at the European Parliament: A Call for Pragmatic Global Cooperation

In a thought-provoking address to the European Parliament, economist Jeffrey Sachs presented a nuanced perspective on global geopolitics, economic development, and the need for a shift in international relations. His speech covered key themes such as multipolarity, economic justice, the importance of diplomacy, and the need for fairer global financial and trade systems. The Need…

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News, Opinion

India and EU Strengthen Science and Technology Ties with High-Level Delegation Meeting

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India and EU Strengthen Science and Technology Ties with High-Level Delegation Meeting

New Delhi, February 27, 2025 – A high-level European Union (EU) delegation, led by Ms. Ekaterina Zaharieva, European Union Commissioner for Startups, Research, and Innovation, met with India’s Union Minister for Science and Technology, Dr. Jitendra Singh, in New Delhi today to discuss strengthening collaboration in startups and innovation. The meeting marks a significant milestone…

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India-EU Free Trade Agreement: Market Dynamics, Negotiation History, and Key Discussion Points

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India-EU Free Trade Agreement: Market Dynamics, Negotiation History, and Key Discussion Points

New Delhi, February 27, 2025 – India and the European Union (EU) are engaged in high-level discussions to advance negotiations on the India-EU Free Trade Agreement (FTA). European Commission President Ursula von der Leyen, along with 22 European Commissioners, is in New Delhi to address trade, investment, and regulatory challenges between the two economies. The…

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Empowering Women Entrepreneurs: Rabeha Programme Boosts Market Access for Handicraft Enterprises in Egypt

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Empowering Women Entrepreneurs: Rabeha Programme Boosts Market Access for Handicraft Enterprises in Egypt

The Rabeha Joint Programme, a collaboration between UN Women and the United Nations Industrial Development Organization (UNIDO), is driving positive change for women-led handicraft enterprises in Egypt. By providing technical assistance, business support, and greater market access, the initiative is helping women entrepreneurs scale their businesses and improve their economic opportunities. One of the key…

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News

Huda Beauty Sells Fragrance Brand KAYALI to Mona Kattan and General Atlantic

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Huda Beauty Sells Fragrance Brand KAYALI to Mona Kattan and General Atlantic

Dubai-based beauty giant Huda Beauty has announced the sale of its fragrance brand KAYALI to co-founder Mona Kattan and global growth equity firm General Atlantic, marking a strategic shift in the beauty industry. The deal, pending regulatory approval, will establish KAYALI as an independent entity, with Mona Kattan retaining her role as CEO. Financial terms…

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India’s Largest AI Summit Empowers SMEs with Cost-Effective AI Solutions

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India’s Largest AI Summit Empowers SMEs with Cost-Effective AI Solutions

Entrepreneur AI Summit 2025 by CEOITBOX Showcases Practical AI Strategies for Small and Medium Enterprises New Delhi, India – The Entrepreneur AI Summit 2025, hosted by CEOITBOX, concluded as India’s largest AI summit dedicated to empowering Small and Medium Enterprises (SMEs) and Micro, Small & Medium Enterprises (MSMEs). The landmark event, held at the Eros…

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Events, News

EU’s €200 Billion AI Initiative: A Boon for small scale enterprises or a Battle for Survival?

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EU’s €200 Billion AI Initiative: A Boon for small scale enterprises or a Battle for Survival?

Brussels, Belgium – The European Union’s €200 billion investment in artificial intelligence (AI) under the newly launched InvestAI initiative has sparked excitement across industries, but for small and medium enterprises (SMEs), the implications remain mixed. While this monumental financial commitment aims to boost Europe’s AI competitiveness, questions linger over whether SMEs will benefit or struggle…

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