M. Holland will be exhibiting at MD&M West in Anaheim, California, from April 12-14. MD&M West is the largest medtech conference in the U.S. If you’re attending, please stop by Booth #4111 to meet our Healthcare experts!
In case you missed it, watch M. Holland’s Plastics Reflections webinar about the current and future state of the North American plastics industry. Click here to access the recording.
M. Holland’s 3D Printing group offers a rapid response alternative for producing selected parts where resin availability is tight. For more information, email our 3D Printing team.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets.
Oil prices fell about 1% Tuesday on growing worries of demand slowdowns caused by rising COVID-19 cases.
In mid-morning trading today, WTI futures were down 0.2% at $101.80/bbl, Brent was off 0.2% at $106.40/bbl, and U.S. natural gas was up 4.3% at $6.29/MMBtu.
The American Petroleum Institute estimates U.S. crude inventories unexpectedly rose by 1.08 million barrels last week.
Canadian miner Kinross Gold agreed to sell its giant Arctic Russian mine to a unit of Fortiana Holdings for $680 million, the first public sale of an asset a large Western company is exiting in Russia.
The Federal Reserve will begin rapidly reducing its balance sheet this May for the first time since 2017, officials said yesterday, a further tightening in monetary policy on top of rising interest rates.
JetBlue Airways offered to buy ultralow-cost rival Spirit Airlines for $3.6 billion, a deal that would create one of the largest airlines in America.
Amazon is positioning itself as a major competitor to SpaceX’s satellite broadband ambitions, with the e-commerce giant yesterday investing billions of dollars in launch slots for its technology over the next five years.
Countries across the globe should provide $15 billion in grants this year and $10 billion a year thereafter to manage long-term COVID-19 risks, the International Monetary Fund says.
More news related to the war in Europe:
The U.S. will announce a new package of sanctions against Russia today that will include a ban on all new investment in the nation as well as more penalties against its largest financial institutions and state-owned enterprises. The EU and members of the G7 are also proposing sweeping new sanctions, while Britain will advocate for NATO nations to ban Russian ships from their ports and set a timeline for phasing out oil and gas imports.
The probability of Russia defaulting on its debt within the next five years is almost 90%, economists say. An index of the nation’s services economy dropped from 52.1 in February to just 38.1 in March, indicating severe contraction.