Food And Beverage News, Trends, Ingredient Applied Sciences And Commodity Markets Analysis

Home mortgage refinance exercise surged in July, based on a report by Black Knight. Here’s how homeowners can reap the advantages of low rates and increasing home costs. The EU is working on proposals to jump-start residence output of a sort of specialist magnet important in electrical automotive motors by offering assist to native producers so they can compete with Chinese rivals, sources near the scenario said.

  • That’s what Meg O’Neill did final week, when she was confirmed as Woodside Petroleum chief govt on the identical day the merger with BHP’s petroleum business was unveiled.
  • So far, in a real-world take a look at of a new approach to financial policy, prices have been rising faster than wages.
  • Wildfires, sky-high costs and long delays haven’t deterred travelers this summer.
  • They also started releasing giant sums of cash previously set aside for loans that might doubtlessly go unhealthy – all of which flowed directly to the bottom line.
  • Walmart has this year been trialing its first company-branded “last-mile” supply vans, taking a web page out of Amazon’s play book as pandemic-led e-commerce demand pressures United Parcel Service, FedEx and the U.S.

The IPO of the state-owned life insurer is part of the government’s efforts to lift Rs 1.75 lakh crore by way of disinvestment within the present financial 12 months. The city of Portland has chosen a Michigan-based company, Tandem Mobility, to plan and launch a pilot bike share program next June. Eleven bus, motorcoach and passenger vessel companies in Maine shall be among the 1,300 nationwide to share in a complete of $1.6 billion in COVID-19 relief. The Mainebiz Small Business Virtual Forum Join Mainebiz for a digital event geared in the direction of serving to startups and small businesses grow and succeed. Hear from our business specialists as they focus on business tendencies, greatest practices, and classes learned.

Big News

The Eastern Maine Development Corp.’s new plan for Penobscot, Piscataquis, Hancock, and Waldo counties has taken on added significance. As extra Maine employers look to extend their attractiveness to present and potential workers, Presque Isle-based Thompson Financial Group recently began providing group insurance advantages as a model new service to its business shoppers. In 2020, a dozen Maine companies also were named to the celebrated ranking of the country’s fast-growth enterprises.