Scania, a Swedish truck and bus manufacturer, will open a new truck production plant in China, starting construction in the second quarter of 2022. The company also manufactures diesel engines for heavy vehicles, as well as for marine and industrial applications in general. During 2021, Scania continued its
Eaton Corporation, a multinational power management company with global headquarters in Dublin, Ireland, made five acquisitions in one year. To start with, on March 17, 2021, Eaton acquired Tripp Lite for $1.65 billion, net of cash received. Tripp Lite is a leading provider of power quality products and
As of January 2021, Ontex has been led by its first CEO in company history: Esther Berrozpe. Berrozpe fully believes in the power of Diversity, Equity and Inclusion (DEI) to support the delivery of the New Ontex strategy and acts as a role model for employees in his
The African Continental Free Trade Area (AfCFTA) will increase intra-regional trade by 35% in the period up to 2045, projected the United Nations (UN). In this regard, the United Nations Economic Commission for Africa (ECA) and the Center for International Research and Economic Modeling (CIREM) of the Center
HSBC projected that the US–China relationship remains a prominent feature of the external environment, but the bank does not currently expect it to change significantly in the near future. HSBC also estimates that the mutual economic benefits generated by the relationship between the United Kingdom and China outweigh
Mexico remains the leading country of origin under Canada‘s Seasonal Agricultural Worker Program, often cited as a model for international labor mobility agreements. Indeed, the Canadian government indicated that during 2021, a record 32,975 temporary foreign workers (TFW) were welcomed to Canada despite the Covid-19 pandemic. This recognizes