IndustryInsights

DuPont Weighs Sale of Iconic Safety Brands Kevlar and Nomex

2 days ago

In a significant shift for one of the world’s leading science and technology companies, DuPont is reportedly exploring the possibility of selling its storied brands, Kevlar and Nomex, which are synonymous with high-performance safety applications. This strategic consideration comes as part of DuPont’s broader effort to streamline its portfolio and focus on core business areas amid changing market dynamics.

US Factory Activity Declines Amid Rising Material Costs Linked to Tariffs

9 days ago

In a revealing indicator of the current economic climate, U.S. factory activity has shown signs of contraction, as fresh reports indicate a notable decrease amidst escalating costs of materials driven by existing tariffs. The latest data, gathered and analyzed by industry experts, has raised eyebrows about the implications for manufacturing and the overall economy.

Egypt's Private Sector Shows Signs of Recovery with Tentative Rebound in Latest PMI Report

30 days ago

The Egyptian economy is displaying hopeful signs of recovery as recent data from the Purchasing Managers' Index (PMI) indicates a tentative rebound within the private sector. The PMI, a crucial indicator that measures the health of the manufacturing and services sectors, has shown that business activity in Egypt's non-oil private sector has been increasing gradually, suggesting a positive shift in economic sentiment.

Judge Dismisses Legal Team Representing Franchise Group in Bankruptcy Case

2 months ago

In a significant legal development, a judge has dismissed the attorneys assisting a prominent franchise group with its bankruptcy proceedings. This unexpected move has raised eyebrows and prompted discussions about the implications for the ongoing bankruptcy case, which has been under scrutiny since the franchise group filed for protection under the law.

South Korea's Export Growth Faces Significant Slowdown Amid Global Economic Headwinds

5 months ago

South Korea, a powerhouse in international trade, is witnessing a noticeable decline in its export sector, raising alarms about potential economic challenges ahead. In October, the country's exports experienced a sharp decrease of 9.5% compared to the same month the previous year, bringing the total export revenue down to approximately $40.3 billion. This decline marks the fifth consecutive month of negative growth, illustrating a concerning trend for one of Asia's leading economies.

Inside the Enigmatic World of Zara: Unveiling Fashion's Best-Kept Secrets

6 months ago

The pace of development within the fast-moving world of fashion probably finds its few equals in the name of Zara. With its well-recognized entry into the latest trends and strong presence in most parts of the globe, Zara has become one of the daily choices of millions. An investigative video by Bloomberg shows the inner details about Zara's success and provides an insight into how such an operational strategy makes this fashion giant different from the rest.