SBWire

The global industrial lubricants market size is projected to reach USD 73.3 billion by 2024 from USD 62.8 billion in 2019, at a CAGR of 3.1%, during the forecast period. The growing demand for industrial lubricants in countries such as China, India, Japan, and South Korea from the construction, metal & mining, power generation, cement production, and automotive industries is expected to fuel the growth of the industrial lubricants market in the region. The market is evolving, with major players playing a crucial role in the development of new and advanced products.

The molded pulp packaging market is growing rapidly in accordance with the growth of the packaging market, globally. Factors such as cost-effectiveness, sustainability, and growth in demand for recyclable food service disposables and packaging products have largely contributed to the growth of the molded pulp packaging market. The molded pulp packaging market is classified on the basis of molding type, source type, product, end use, and region. It has experienced continuous progress in terms of acquisitions, mergers, and expansions in the packaging industry. According to MarketsandMarkets, the global market for molded pulp packaging, in terms of value, is estimated at USD 3.5 billion and is projected to reach USD 4.4 billion by 2024, at a CAGR of 4.4%.

An investigation on behalf of investors of The Charles Schwab Corporation (NYSE:SCHW) shares over potential securities laws violations by The Charles Schwab Corporation and certain of its directors and officers in connection with certain financial statements was announced.

An investigation was announced for long-term investors in shares of Cerence Inc. (NASDAQ:CRNC) concerning potential breaches of fiduciary duties by certain directors of Cerence Inc.

Research that has been carried out via a collaboration between Canadian and German researchers has found that new drug combinations may be more effective at treating obesity and diabetes than single drugs. They may also be able to replace many of the more invasive options that are often suggested for these conditions, including bariatric surgery. The research has looked at drugs that control incretins, which are metabolic hormones used in the human body to produce and control insulin. As a result of the research, it has become clear that combining the drug not only means that it is likely to be more effective but also that there are fewer side effects for patients to contend with. Some of the patients taking part in the trial achieved up to a 15% weight loss - this is impressive given that in most trials weight loss of just 5% is considered to be meaningful. Further research is recommended to identify why some individuals respond better to the drug than others.

2022 has already been a positive year for pharma recruitment in Germany. The latest figures show a 9.5% rise in IT hiring activity in pharma between February and March this year and indicate that the industry as a whole continues to thrive. The numbers also show that IT hiring continues to take up a large percentage of overall hiring activity, accounting for 4.87% of total hiring activity in March of this year. Roles, such as software and web developers, database and network administrators and analysts, are all in high demand. There are some companies that continue to dominate when it comes to pharma recruitment activity - Bayer, for example, posted 36 IT jobs in March of this year and other companies, such as Merck and CompuGroup Medical SE & Co are also active. In fact, when it comes to IT hiring for the pharmaceutical industry, the top 5 account for more than 66% of activity and growth.

Hiring in Germany's technology industry continues to thrive, with a rise of 1.8% recorded in March of this year. IT hiring has shown strong progress, as many more organisations seek to get support for the accelerated IT transformations that have been undertaken in many different industries since the start of the pandemic. When it comes to IT jobs there are five roles, in particular, that are especially in demand right now. Software and web developers, for example, take up the largest share of IT recruitment activity, followed by database and network administrators and architects. Miscellaneous computer occupations accounted for just over 8% of overall IT recruitment activity in March and computer and information analysts almost 6%. What's clear from these figures is the German technology recruitment activity remains strong - and is likely to continue to do so. This is being bolstered by a number of top companies that continue to hire, including Deutsche Telekom, SAP and Celonis.

The crypto market has been growing exponentially over the past year and is increasingly becoming an option for more mainstream financial institutions. Now, Germany's fourth largest bank has confirmed that it is venturing into the territory of digital assets custody and exchange services. Commerzbank is one of many traditional banks in Europe that have recently signaled that it's time for them to make this move. This level of adoption adds to the credibility of crypto currency and demonstrates the steps that conservative banks are now willing to take to ensure their own expansion. Commerzbank has also been working on blockchain projects since 2018. Crypto custody was introduced into the German Banking Act as a new financial service in January 2020 and there is a lot more focus on cracking down on unregulated activity as the infrastructure is created to bring crypto more into the mainstream all over Europe.

Opportunities in Europe's industrial powerhouse are attracting more firms to countries like Germany. Brookfield Investment Management, for example, announced in April of this year that it is focused on increasing its European exposure with a new Frankfurt office. The office could open as early as 2022, as the firm is keen to tap into the growth potential in the region and triple the $120 billion of assets it already holds in Europe. With such a strong industrial base, Germany is an obvious target for Brookfield, which is looking at large industrial assets, as well as German manufacturers in areas such as chemicals and precision-machinery. The office in Frankfurt will be the third that the firm has opened in Europe, as it already has two, one in London and one in Madrid. One of Brookfield's London executives will be moving to Frankfurt in order to head up the new office.

In September 2019, Integra LifeSciences acquired Rebound Therapeutics Corporation, developers of a single-use medical device known as the Aurora.

- In 2021, Omnicell, Inc. (US) opened a new software development center in Bangalore, India, that will focus on product innovations to deliver cloud-based infrastructures.

The Shareholders Foundation announced that a deadline is coming up on July 5, 2022 in the lawsuit filed for certain investors of Amazon.com, Inc. (NASDAQ:AMZN).

An investigation was announced concerning potential securities laws violations by Digital World Acquisition Corp. in connection with certain financial statements.

Certain directors of Vertiv Holdings Co are under investigation concerning potential breaches of fiduciary duties.

The Shareholders Foundation announced that a deadline is coming up on July 5, 2022 in the lawsuit filed for certain investors of Arqit Quantum Inc. (NASDAQ:ARQQ).

Report classifies the Enterprise Mobility Management Market based on component, organization size, deployment mode, vertical

Report to define Multi-Factor Authentication Market by Component, Authentication Type, Model Type, Organization Size, Vertical, and Region

Cincinnati-based supermarket giant Kroger has been driving a series of recruitment events over the past year. Most recently it has been targeting workers who can support its logistics and supply operations. In June 2021, the business was seeking to add another 10,000 workers and in October last year an additional 20,000. The most recent hiring push, in April 2022, was focused on targeting 23,000 new staff for the business. Kroger hosts hybrid hiring events that are designed to allow it to reach even more people through both virtual and in-person recruitment means. The increase in workforce has become necessary to support the ongoing expansion that Kroger is investing in when it comes to its online grocery service. The partnership with retailer Ocado has played a particularly important role in generating logistics and supply chain jobs at the retailer. Plus, the launch of Kroger delivery in South Florida over the summer will also see another 200 roles that need filling in areas such as logistics and human resources.

The cost of land necessary for industrial development has made expansion difficult for many in recent years. However, multi-storey construction is set to change that, offering a new way to optimize on available land in urban markets. In most densely populated areas there is an ongoing shrinkage happening when it comes to industrial land alongside a key need for businesses to occupy locations that are close to their customer base. The solution is the multi-storey warehouse, something that isn't often seen in the US, but which is becoming increasingly economically justifiable. There are many benefits to integrating this type of construction, not least that it allows for greater use of a single piece of land by building up. Companies that are looking to deliver to customers within tight windows are attracted to this type of development because it can remain within urban areas, offering distribution facilities with close proximity to customers.

There are a number of key trends that are dominating procurement for 2022. There is, for example, the ongoing need for businesses to invest more in IT solutions, as well as the fact that transparency in supply chains has become vital. Another key procurement trend for 2022 is putting risk management at the center of operations, especially after the challenges of the past couple of years. However, one of the most important trends for 2022 - and one that stands out among the top 5 - is the focus on procurement recruitment. Skills gaps and talent shortages are a general theme right now and this is especially so in procurement. That's why the industry is prioritizing recruitment this year, as well as looking at diversifying the way that this is managed. Alongside building strong permanent workforces there is an emphasis on the support of contingent workers - 70% of executives anticipate hiring more freelancers and contingent workers in the coming two years.

Two players from the world of procurement have joined forces to create the new Rethink Group, expanding reach in both the UK and the US. The first of the two collaborators is Lifecycle Management, an end-to-end provider of contract management services based in Oxford, which focuses on improvements and efficiency through contract and supplier lifecycle. The second is Procura, an award-winning management consultancy that delivers transformation of client procurement functions. The Rethink Group is made up of 80+ professionals across the UK and US and will provide opportunities for both businesses to add depth to their individual offerings. This is likely to include an extension in business lines at Procura, for example, moving from consulting to managed services. Together, the combined forces within the Rethink Group will be able to offer a broader spectrum of options to many more clients across an expanded geographical area.

- In February 2021, Getinge entered into a strategic partnership with researchers from the School of Business, Economics and Law at the University of Gothenburg, Sweden, to undertake customer-centric innovation and sustainability activities.

An investor in shares of Momentus Inc. f.k.a. Stable Road Acquisition Corp. (NASDAQ:MNTS, formerly NASDAQ:SRAC) filed a lawsuit in effort ot access the books and records concerning the merger from Momentus Inc. to Stable Road Acquisition Corp.

An investigation on was announced over potential securities laws violations by Outset Medical, Inc. in connection with certain financial statements.

Cheese Market by Product Type (Cheddar, Mozzarella, Parmesan, American Cheese, and Blue Cheese), Type (Cheese Product and Cheese Powder), Source (Animal and Plant), Nature, Distribution Channel, Application, and by Region - Global Forecast to 2026