Industry

Snack and Bakery Industry to Generate $400 Billion in 2020 Annual Retail Sales The pandemic bump has driven the snack and bakery industry to new heights. The total worldwide retail sales revenue from the industry is expected to surpass $400 billion in 2020. According to the research data analyzed and published by Finaria, a huge chunk of the revenue is set to come from the top 25 snack and bakery companies by annual revenue worldwide. Top 25 Food and Beverage Companies Net $91 Billion in Profit With $101.5 billion in revenue in 2019, Nestle is listed as the top company...

Bitcoin hits all-time high, surging past $20,000: deVere Crypto exchange   Bitcoin reached an “all-time price high” by surging past $20,000 on Wednesday afternoon on the deVere Crypto exchange, it is revealed. Just after 1 pm GMT, the price of the world’s largest cryptocurrency by market capitalisation was $20,637.18 according to the app owned by deVere Group, one of the world’s largest independent financial advisory and fintech organisations. Two weeks ago, it was widely reported that Bitcoin nearly hit the all-time high of $19,850 in December 2017. Of the milestone, Nigel Green, founder and CEO of deVere says: “We’ve been saying for...

Amazon Fresh Most Used Delivery Service During Pandemic in US – 29% Regularly Used the Service As businesses were forced to shut due to lockdowns imposed by the COVID-19 pandemic, consumers were faced to you alternative services than normal. According to data presented by Stock Apps, Amazon/Amazon Fresh was the most used delivery service during the pandemic in the US with 29% of respondents in a survey done in August claiming they used the service regularly during the lockdowns.   29% Used Amazon Fresh Regularly While 40% Said They Used it More During Lockdowns COVID-19 has shifted consumer behaviour significantly...

Gold Data Deploys a State-of-the-Art Fiber Network in Mexico Gold Data continues its network expansion in the Americas with an initial US$10 million investment to deploy a state-of-the-art fiber network throughout Mexico. This is the first step in an expansion plan expected to represent a total privately funded investment of US$100 million by 2023.   Miami,  November , 2020 – Gold Data, a leading network provider in Latin America, announces today that it is expanding its footprint in the region’s connectivity market, with the deployment of a state-of-the-art, redundant fiber optic network connecting all major data centers in Mexico City....

Arcola Energy Introduces Production-Ready Hydrogen Fuel Cell Powertrain Platform for Heavy-Duty Vehicles The A-Drive platform offers a powerful drop-in zero-emission replacement for diesel-based powertrains and is scalable for a range of heavy-duty fleets. Arcola’s proprietary A-Drive platform delivers a zero-emission solution for a range of heavy-duty vehicles to be brought to market from 2021-2025   London, November 2020 – Arcola Energy, a leading specialist in hydrogen and fuel cell systems integration, has developed a proprietary hydrogen fuel cell (HFC) powertrain platform, designed for vehicle applications requiring high-duty cycle capabilities and fast refuelling. The A-Drive platform offers a powerful drop-in zero-emission...