India is set to surpass the impressive mark of US$ 5.4 trillion in consumer spending by 2034, up from the current US$ 1.8 trillion, according to data from the World Data Lab analyzed by EBANX, a global technology company specializing in payment services for emerging markets. It represents a growth of 12% per year, three times higher than the projection for the United States, at 4%, and more than two times higher than the global average of 5%. This boost will place India as the third-largest market in the world in consumer spending, behind only the United States and China. Continue reading
Category Archives: Business
GROUNDBREAKERS 2024: Prologis CEO, FedEx Chairman discuss Artificial Intelligence, company culture and tariffs
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today hosted its fourth annual GROUNDBREAKERS thought leadership forum in London. GROUNDBREAKERS 2024 featured trailblazers including FedEx Chairman Fred Smith, former UK Prime Minister Sir Tony Blair and Survival Expert Bear Grylls. Continue reading
New Report by WeBank and Oliver Wyman Reveals Development and Innovation Trends of Global Digital Banks
China’s first digital-native bank, WeBank, and global management consulting firm Oliver Wyman have jointly launched a new report titled “Global Digital Banking: Development and Innovation Trends”. The report offers an in-depth analysis of the development of global digital banks and insights into the future trajectory and competitive landscape of the industry. Continue reading
Global IPOs remain resilient amid elevated uncertainty and market volatility
Amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing, the global IPO market in Q3 2024 has shown signs of cautious optimism. Despite a dip in year-over-year (YOY) volumes by 14% to 310 IPOs and proceeds by 35% to US$24.9b, Q3 did modestly outpace the first two quarters of 2024 in IPO launches. Continue reading
U.S. and U.K. Respondents Agree: Brands Can and Should Safely Advertise Alongside Quality News
New research from Stagwell (NASDAQ: STGW) reveals a significant opportunity for brands to reach a valuable yet often overlooked audience: dedicated news followers. Building on Stagwell’s ‘Future of News’ initiative first announced in May, Stagwell set out to further test brand safety concerns — the measures taken to ensure a brand’s advertisements don’t appear alongside content that could potentially harm that brand’s reputation — this time in the U.K. market. Continue reading
1.2 Million More Homes in England Will Be at Risk of Subsidence by 2050
Analysis of British Geological Survey data from LexisNexis® Risk Solutions, the data, advanced analytics and technology provider to the insurance market, reveals that with the current climate trajectory, approximately 1.2 million more homes in England are at risk of subsidence issues by 2050ii. This is a 27% increase to the estimated 4.5 million households already at subsidence risk today. Continue reading
CRRC Launches Two Innovative Green Intelligent Trains at InnoTrans 2024
CRRC Corporation Limited (“CRRC”, SHA: 601766) unveiled two groundbreaking products at InnoTrans 2024 in Berlin, Germany: the CINOVA H2 New Energy Intelligent Intercity Train (“CINOVA H2”) and the Autonomous Rail Rapid Transit (ART) 2.0, showcasing its commitment to pioneering eco-friendly and smart transportation solutions. Continue reading
QS Global MBA & Business Master’s Rankings 2025: World’s Best Business Schools Revealed
QS Quacquarelli Symonds has released its annual Global MBA and Business Master’s Rankings. The 2025 edition spans 58 countries and territories, analysing 340 global MBAs alongside a series of high-demand Business Master’s Rankings, including Management, Finance, Marketing, Business Analytics, and Supply Chain Management. Continue reading
US Interest Rate Cut: Potential Ripple Effects on the London Property Rental Market – Insights from Walter Soriano London Management
Following the recent 0.5 percentage point reduction in the US Federal Reserve’s interest rate, global financial markets are reacting. While the move primarily affects American borrowers and savers, its effects are expected to ripple into the UK, particularly within London’s property market. Walter Soriano London Management (WSLM) examines the potential impacts on property landlords and investors in London’s rental sector. Continue reading
S&P Global Commodity Insights Launches World’s First Daily Carbon-Accounted Iron Ore Price Assessments
Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the metals, commodities, energy and energy transition markets, today announces the upcoming launch of the world’s first daily carbon-accounted iron ore price assessments and related carbon intensity estimates to bring greater transparency to the industry’s decarbonization efforts. Continue reading
