A six-axis robotic arm picks up sorting containers at the Amazon fulfillment center in Baltimore, Maryland, U.S., April 30, 2019. REUTERS/Clodagh Kilcoyne WASHINGTON, Feb 21 (Reuters) – U.S. business activity unexpectedly rebounded in February, reaching its highest level in eight months, according to a survey on Tuesday, which also showed inflation subsiding. S&P Global said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 50.2 this month from a final reading of 46.8 in January. That ended seven straight months of the index being below the 50 mark, which indicates contraction in the private sector. The services sector accounted for the rise in business activity, while manufacturing remained weak. Economists polled by Reuters had forecast the flash Composite PMI Output Index at 47.5. "Despite headwinds from higher interest rates and the cost of living squeeze, the business mood has brightened amid signs that inflation has peaked and recession risks have faded," said Chris Williamson, chief business economist at S&P Global Market Intelligence. "At the same time, supply constraints have alleviated to the extent that delivery times for inputs into factories are improving at a rate not seen since 2009." The rebound in […]

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Gov. Sarah Huckabee Sanders announced who the 17 outdoor and business leaders of the Natural State Advisory Council are on Tuesday. (KATV) LITTLE ROCK (KATV) — Gov. Sarah Huckabee Sanders announced who the 17 outdoor and business leaders of the Natural State Advisory Council are on Tuesday. "I am proud to appoint a talented team of bold, passionate, and innovative outdoor recreation leaders to the Natural State Advisory Council," said Sanders. "These individuals bring the experience and expertise our state needs to promote tourism and grow our outdoor economy – sharing with the world what we already know: Arkansas is God’s Country." The 17 individuals will be working alongside Chairman Bryan Sanders. "Arkansas is called the Natural State for a reason – and no one understands that better than the leaders who will join me on the Natural State Advisory Council," said Chairman Bryan Sanders. "The benefits of outdoor recreation are limitless, from improved health and quality of life to stronger tourism, workforce and economic development. Working together, we will establish our state as a destination for outdoor enthusiasts from around the world and take our outdoor economy to the next level. This is a space we will compete […]

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The HSBC building in Canary Wharf in London October 8, 2008. REUTERS/Kevin Coombs LONDON, Feb 21 (Reuters) – HSBC HSBA.L> said it still expects to complete the sale of its Russia business in first-half 2023, in the most significant update on the progress of the deal since it said in July 2022 it had agreed to sell the unit to local lender Expobank. Europe’s biggest bank has taken a $300 million loss on the expected sale of the business, HSBC said as it reported its annual results for 2022. HSBC said in July last year the deal was pending approval from Russia’s government and regulators, shortly before Deputy Finance Minister Alexei Moiseev said Russia would block the sale of foreign banks’ Russian businesses. The London-based lender reiterated on Tuesday that the deal is still pending regulatory approval, and gave no further update on the status of that process. Many multinational corporations moved quickly to exit Russia following its invasion of Ukraine in February last year, but banks have been among the slower sectors to disentangle themselves amid concerns about what Russian law will permit. Moscow calls its action in Ukraine "a special operation". Credit Suisse last July was banned […]

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The EU Foreign Subsidies Regulation ( FSR ) entered into force on 12 January 2023 and will start to apply from 12 July 2023. Any business wanting to do business in the EU after July could be affected and should prepare now to understand its impact, which could be significant. The FSR aims to protect the EU’s internal market from foreign subsidies which distort competition and create a level playing field. The European Commission ( EC ) is to be given extensive powers to intervene against such potential distortions in relation to any economic activity, and a new notification regime for certain M&A transactions and public tenders, which is independent from current EU/national merger control and foreign direct investment ( FDI ) notification requirements, is to be introduced. This will add significantly to the administrative burden faced by businesses, not only in relation to specific deals and tenders if notification is required, but also on an ongoing basis as maintaining data on subsidies/financial support received will be vital. With less than five months to prepare for the FSR (and slightly longer for the new ex ante notification obligation, which starts to apply from 12 October 2023), the key implications, […]

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Company Logo Global Market for Flame Retardant Textiles Global Market for Flame Retardant Textiles Dublin, Feb. 21, 2023 (GLOBE NEWSWIRE) — The "Flame Retardant Textiles: Global Strategic Business Report" report has been added to ResearchAndMarkets.com’s offering. The global market for Flame Retardant Textiles estimated at US$7.7 Billion in the year 2022, is projected to reach a revised size of US$9.4 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2022-2030. The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 4.3% CAGR The Flame Retardant Textiles market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 4.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 2.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR. Select Competitors (Total 12 Featured) – Arvind Carrington Delcotex Dupont Glen Raven Gore Hangzhou Xiangjun ITI Kermel Klopman Marina Textil Milliken Mount Vernon Safety […]

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ATLANTA, Feb. 21, 2023 /PRNewswire/ — For the second year in a row, Quatrro Business Support Services ("Quatrro"), a channel-friendly Technology-as-a-Service (TaaS) and Finance-as-a-Service (FaaS) provider focused on delivering technology-enabled, and cloud-based technology, finance, accounting, and HR services, has been named to the Managed Service Provider (MSP) 500 list in the Elite 150 category for 2023 by CRN ® , a brand of The Channel Company . Continue Reading Quatrro Business Support Services Recognized on CRN’s 2023 MSP 500 List CRN’s annual MSP 500 list identifies the industry-leading service providers in North America who are driving a new wave of growth and innovation for the channel through forward-thinking approaches to managed services, helping end users increase efficiency and simplify IT solutions, while maximizing their return on investment. The Elite 150 section of the MSP 500 recognizes the large, data center-focused MSPs with a strong mix of on- and off-premises services. MSPs not only empower organizations to leverage intricate technologies but also help them keep a strict focus on their core business goals without straining their budgets. "Managed services offer a path for businesses of all sizes to remain efficient and flexible as they grow," said Blaine Raddon, CEO of […]

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You’ll be seeing more of these friendly faces in the coming months after today’s launch of the 2023 A place of opportunity campaign. These talented and passionate young people are (or have been) employees of WA public sector graduate programs and are the faces of this year’s promotion. We invited them to our office last Thursday to meet the Public Sector Commissioner, Sharyn O’Neill, and have a chat about how they are contributing to the WA community through their work. And from today they are telling their story – the department they work in, what they do there and why they love their roles. Each video story provides an insight into the diversity of opportunities available in the public sector, and the wide range of skills and qualifications we need in the WA public sector. And this year we are planning to have exhibits at lots of university events and careers expos. We’ll be at Curtin’s O-Day this Wednesday 22 February, and at UWA’s O-Day on Friday 24 February. Future events include the Careers Expo in May and the Skills Expo in July. In 2023 we have more than 25 graduate and cadetship programs on offer for uni grads […]

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Contributed photo by Lucas Pelucas on Upslash Island Rec is calling all child entrepreneurs, from grades 4-12 to participate in their first annual Kids Maker Fair on April 21 from 4-5:30 p.m. at the San Juan Island Grange. “Talking to young people at our various programs this summer, I realized how many creative kids there are out there making stuff who don’t have an outlet,” Jen Henry, Island Rec’s Recreation Specialist, said. She remembered making Dream Catchers as a child. Everyone in her family still has one of her creations, she laughed. “For 10, 11 and 12-year-olds it’s so empowering.” So after some brainstorming, she came up with the Kids Market Fair, a place kids can sell their wares with adult supervision, and learn tricks of being a business person. Booth spots are $25 if registered by April 13 and $30 after that. There are several workshops kids can participate in to help them come up with ideas for items to market, discuss the formula for pricing as well as sales techniques like eye contact and smiling. They will learn how to keep track of the time they put into their creations, the cost of materials other fees to […]

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Source: Shutterstock Today we’re going to take a look at the well-established Liberty Broadband Corporation ( NASDAQ:LBRD.K ). The company’s stock saw a significant share price rise of over 20% in the past couple of months on the NASDAQGS. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Let’s take a look at Liberty Broadband’s outlook and value based on the most recent financial data to see if the opportunity still exists. What’s The Opportunity In Liberty Broadband? According to my price multiple model, which makes a comparison between the company’s price-to-earnings ratio and the industry average, the stock price seems to be justfied. I’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 10.76x is currently trading slightly below its industry peers’ ratio of 14.71x, which means if you buy Liberty Broadband today, you’d be paying a decent price for it. And if you believe that Liberty Broadband should be trading at this level in the long run, then there’s not much of an […]

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Until now, tidal energy generation has been costly and difficult to engineer. The new MaxBLADE project in Scotland is set to change that, writes Conchúr Ó Brádaigh, professor of engineering at the University of Edinburgh Orbital Marine Power The potential of tidal energy is huge. Seventy per cent of the earth’s surface is ocean and sea and, if we could harness that energy, it would provide 150 per cent of the world’s energy needs. A recent report found that tidal stream energy could provide more than 6GW of energy to the UK grid by 2050. This may be small compared to the potential of offshore wind but, in contrast to wave, solar and wind, tidal energy is entirely predictable, so could provide a significant baseline power source for our future electricity grid. It also has the potential to contribute over £40bn Gross Value Added (GVA) to the UK economy, including tens of thousands of new jobs, primarily in neglected coastal communities. The UK government has been doing its part: the Contracts for Difference (CfD) Allocation Round 4 will support the deployment of over 40MW of tidal stream energy from 2025-27. A similar pathway has allowed offshore wind to achieve […]

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