A recent Plastics News story highlights business insight from M. Holland’s Plastics Reflections webinar. Click here to read the article, which examines the various challenges facing international resin markets, including the economy, inflation, high inventories, reshoring and more.
DSV saw its profit rise in the third quarter despite declining air and sea volumes. The Danish freight forwarder also says it is backing away from acquisitions until valuations of target companies come down.
China’s year-to-date budget deficit almost tripled from a year ago to a record $980 billion, as COVID-19 outbreaks and a housing market slump hit government finances.
A recent study of COVID-19 in the first year of the pandemic found that mild sufferers were 2.7 times more likely to suffer blood clots than normal, while those hospitalized were 22 times more likely to develop blood clots.
Canada’s central bank raised its main interest rate a smaller-than-expected 50 basis points Wednesday, saying it was getting closer to the end of its historic tightening campaign amid forecasts of stalling GDP growth.
The European Central Bank raised interest rates by 75 basis points when it met today.
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