No doubt, steel is an integral part of every economy. The steel industry has engaged millions of workers around the globe and it is an important part and parcel of every material. Steel is defined as an alloy of iron and carbon. Look around you, you will not be able to find any item which is produced without steel. Be it refrigerators, cars, washing machines, etc. everything is composed of this component. Steel industry has both applications i.e., it helps in production of a finished product as well as it has immense use as a raw material. Steel industry has…
Author: Nazia
In the beginning the world was not ready to admit about climate change and increase in pollution. Whenever there was a discussion about this subject, either it was ignored, or the people did not pay attention to it as they were unable to witness the climatic effects. Things started to change rapidly during the past 1 decade as considerable change in climate patterns could be seen. Every year is being considered as the hottest year and to date, 2020 was the hottest year while the past five years were hottest since 1880. Apart from that, we are experiencing extreme weather…
According to some analysts, defense industry is one of the areas which remained unaffected during the pandemic, that shook the entire world during 2020. Analysts are of the view that defense stocks are the best option to buy and reap benefits during 2021. The defense industry is one of the evergreen industries of the world due to mounting tension between different blocks and to maintain hegemony in the region and elsewhere in the world. The world order is changing swiftly, and the warfare techniques are evolving with the passage of time. The world is moving from conventional warfare tactics to…
Billionaire David Abrams is an investment guru and widely respected within the traders. He is popular for his unique investment strategies and holding the undervalued stocks for longer period to reap maximum benefit. He worked in Baupost Group for 10 long years before opening his own firm, Abrams Capital Management way back in the year 1999. Baupost Group was owned by Seth Karman. Since formation of the firms, Abrams performed well on the broader market index with an average return of 15% for the first 15 years. David Abrams is a successful hedge fund manager and a self-made billionaire and…
A good, elegant, and beautiful watch is an indicator of a good style and fashion. Some watches are meant for luxury and elegance, combined with aesthetic style and craftsmanship. In the past, pocket watches were considered as jewellery. On the other hand, now-a-days, elegant wrist watches have replaced those pocket watches. In the current era, the consumers are too much fashion-conscious and there is a quest and desire for possessing iconic products. With the ever-increasing consumer desire for elegance, the watch industry has experienced unprecedented growth during recent years. The top-notch watch brands are focusing on evolution and innovation to…
Billionaire Izzy Englander is a US-based investor. He is the 74th richest person in the United States and according to sources, he was the 7th highest hedge fund earning manager in the year 2019. Englander has a net worth of US $7.2 billion. He is the cofounder of Millennium Management. Englander along with Ronald Shear founded this company way back in the year 1989. At that time, they invested a sum of US $35 million as capital. The firm’s core job is to invest money in fixed income markets and equities. Englander started his career as a stock trader at…
In an interview with Bloomberg, ARK Investment Management CEO, Cathie Wood expects 20% returns after 2020. According to Cathie, ARK’s primary goal is to set an example in disruptive innovation after planning and adding new and advanced dimensions to the research. “COVID-19 created financial havoc across the globe, and it has created several problems for the stocks business,” Cathie said. According to Cathie, there are five technological platforms that are reshaping the entire financial world. These 5 platforms include robotics, artificial intelligence, DNA sequencing, blockchain and energy storage. The 6th, according to Cathie, could be quantum computing. “We are observing…
The US-based investor and owner of Jana Partners, Barry Rosenstein, is highly active for making predictions about the right stocks. During the year 2019, the firm did not witness any considerable growth and due to slow turnaround, the company had to liquidate two stocks. It was during the year 2015 when Barry Rosenstein had a fortune of $11 billion. Currently, he possesses stocks worth of $1.1 billion. Jana Partners is popular for its wise stock picking decisions and reaping benefit through altering business models. Jana Partners’ Barry Rosenstein is popular among the business community for pursuing Whole Foods to accept…
The mining industry might not be amongst the flashiest ones or highly famous, but this is one of the highly integral industries all over the world. If the mining industry is not present, then the majority of other manufacturing industries will also shut down as raw materials to them are provided through mining. Although mining is highly integral for the economy, but this industry is also experiencing a range of challenges including the uncertainty associated with commodity prices along with other macroeconomic risks being confronted by the industry. Due to these issues, the majority of companies have started concentrating on…
Amusement parks is a fun place equally for kids and bigs. Many people prefer enjoying a vacation day full of fun and entertainment at any amusement park. Meanwhile, there might be some people who might not be interested to enjoy the hustle and bustle of huge crowds around them. So, in-short these parks are a source of happiness and great entertainment for majority of the families. The in-house cinemas and museums at these themed parks are a major source of attraction for huge number of people. Amusement parks are among the preferable stops for tourists. Since Walt Disney park started…
Since long, mankind has been using fossil fuels to generate energy and that energy is later used to manufacture electricity. Electricity is an important part and parcel of the modern era. The fossil fuels are present hundreds and thousands of meters beneath the earth and they are not available in abundance. It means sooner or later, the reserves will exhaust one day and for our needs, we will still need power or renewable energy to keep everything moving. The world is now working on enhancing the concept of greener power or renewable energy sources. Burning of fossil fuels has not…
The manufacturing sector is considered as an important sector of any economy. The entire production industry of the world contributes over 16% to the global GDP. Another important aspect of the manufacturing sector is the growth and innovation for lifestyle. Had not the manufacturing been so advanced and modern, we should be enjoying all the blessings of lavish lifestyle as we are doing now. The importance of the manufacturing sector can be gauged from the fact that every government tries to uplift the local industry instead of relying on the imported products. Economies of various countries, particularly those of the…