The U.S.’s market share of oil sales in China increased from 0.6% to 7% since January. The increase comes at the expense of Middle Eastern suppliers such as Saudi Arabia, whose market share in China fell 4% during the same period.
Rotterdam-based Vitol Group, the world’s largest independent oil trader, is diversifying into the used car business in anticipation of slowing demand for fossil fuels and the arrival of peak oil by 2030.
In the Caribbean, Tropical Storm Delta intensified into a hurricane Monday evening, and is expected to reach the U.S. Gulf Coast Thursday or Friday.
A contact tracing app developed six months ago by an Apple-Google partnership is gaining adoption, with New York and New Jersey joining 10 other states in making it available. The app provides a push notification to users if they’ve been in proximity to someone infected with COVID-19.
Four out of five COVID-19 victims suffer prolonged neurological effects, including many who suffer relatively minor symptoms when positive for the virus.
More than half of U.S. shoppers expect to spend less this holiday season due to the pandemic and economic conditions, according to a recent Harris poll.
Some Silicon Valley tech giants are telling employees they may never have to return to the office, but relocating to a less expensive location may include a pay cut.
Citing a “shaky” economic recovery and second wave of COVID-19, the head of the European Central Bank expressed the possibility of more economic stimulus, including a further reduction in interest rates, which already are below zero.
The Business Twenty, an organization of leading CEOs from around the world, yesterday proposed 25 recommendations for dealing with what it labeled the “worst (economic) state in a century,” including measures to promote more inclusivity, reduced carbon emissions and advances in digital technology.
Australia’s government proposed a stimulus budget for next year that includes tax cuts and spending increases that will result in a record budget deficit, warning that the deficit will be greater if a COVID-19 vaccine is not widely available.
Sweden, which resisted social distancing restrictions and suffered higher COVID-19 infections and death rates than its neighbors, appears headed for a softer economic landing this year and stronger recovery next year.
Haleyanne Freedman, M. Holland’s 3D Printing Market Manager, and Jacob Fallon, Braskem’s Technology Engineer for 3D Printing, will co-host a webinar on Polypropylene Advancements in 3D Printing at 1:00 p.m. CT tomorrow. Learn more and register here.
Stop by M. Holland’s virtual booth at IWCS to meet our team of Wire & Cable experts. The M. Holland team is exhibiting October 15-16 from 8-1 pm ET. Click here to learn more.
To access 3D Printing training, order parts and seek technical assistance, visit our new online resource.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets. To arrange a videoconference or meeting with any of our Market Managers, please visit our website.
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We will provide further COVID-19 bulletins as circumstances dictate. For all COVID-19 updates and notices, please refer to the M. Holland website.