Reliance Worldwide faces headwinds in FY24 amid challenging market conditions
SYDNEY, AUSTRALIA: Reliance Worldwide Corporation (RWC), a global leader in plumbing and heating products, has released its guidance for the financial year 2024 (FY24), indicating...
Aperam reports lower earnings and shipments in 2023 amid market crisis
AMSTERDAM: Aperam, a leading global stainless steel producer, announced its results for the full year and the fourth quarter of 2023, showing a decline in...
Outlook on Germany’s life insurance market remains negative
OLDWICK: AM Best is maintaining its market segment outlook on the German life insurance market at negative. Key supporting factors include the narrowing of margins...
AM Best maintains U.S. commercial lines insurance market outlook at stable
NEW YORK: AM Best has maintained a market segment outlook of stable on the U.S. commercial lines industry for 2020, citing factors such as improved...
Asia set to become dominant market for wind energy
BEIJING: Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a...