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Car Finance Market Size to Grow $2.33 Billion, Globally, by 2027 at 14.3% CAGR: Allied Market Research

October 12, 2020

PORTLAND, Ore., Oct. 12, 2020 /PRNewswire/ — Allied Market Research published a report, titled, “Car Finance Market by Distribution Channel (Banks, OEMs, Credit Unions, and Others), Vehicle Age (New Vehicles and Used Vehicles), Application (Personal and Commercial), and Purpose (Loans and Lease): Global Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report, the global car finances industry was pegged at $1.29 billion in 2019, and is expected to hit $2.33 billion by 2027, registering a CAGR of 14.3% from 2020 to 2027.

Drivers, restraints, and opportunities-

Rise in global average price of automobiles and increase in demand for vehicles fuel the growth of the global car finance market. On the other hand, emergence of rideshare services and surge in debts from various borrowers curtail down the growth to some extent. However, enactment of technologies in existing product lines and untapped potential of emerging economies are expected to create

New Stimulus Hopes Fade While Economic Risks Grow

October 7, 2020

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Fed officials, in their minutes, noted that “a number of participants judged that the absence of further fiscal support would exacerbate economic hardships in minority and lower-income communities.”

“The gains that have been built up over time are fragile,” said Raghuram G. Rajan, a former chief economist of the International Monetary Fund who is now a professor at the University of Chicago. “You have a whole bunch of people who’ve struggled their way into a semblance of normalcy by 2019, and then you have this massive crisis. If we don’t try to protect those gains, it will take a longer time, a really long time to come back.”

Businesses are also in need of more help, particularly industries that have yet to return to full capacity as the virus persists. Major airlines began laying off workers this month after Congress failed to extend an earlier aid package. A hospitality-industry lobbying

Insurance Companies Grow Channel Strategies With Newswire’s Distribution Platform

October 5, 2020

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Press release content from Newswire. The AP news staff was not involved in its creation.

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NEW YORK – October 5, 2020 – ( Newswire.com )

The insurance industry has received a major wake-up call in the form of the recent digital transformation accentuated by the coronavirus pandemic. Insurance agencies, carriers, and brokerages have been forced to revamp outdated websites and optimize online marketing channels to reach target audiences through digital content. Insurance companies in need of new targeted channels for strategic distribution select Newswire’s Financial Distribution Platform to reach new customers during this unprecedented time.

Insurance companies have relied far too heavily on print marketing collateral throughout the 21st centuries, and as Kathleen Booth of iMPACT.com stated, “…agencies need to create more digital content.” Beyond the creation of said content, insurance agencies need to distribute this information effectively to uncover opportunities with key financial outlets.

“Content

AirAsia’s Problems Grow as India Minister Hints at Local Shutdown

October 5, 2020

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(Bloomberg) — AirAsia Group Bhd. is closing its affiliate operations in India, the local aviation minister said over the weekend, a comment his office later suggested was taken out of context.

a fighter jet sitting on top of a runway: AirAsia Group Bhd. aircraft stand on the tarmac at Kuala Lumpur International Airport 2 (KLIA 2) in Sepang, Selangor, Malaysia, on Monday, Aug. 24, 2020. AirAsia is scheduled to report its quarterly results on Aug. 28.

© Bloomberg
AirAsia Group Bhd. aircraft stand on the tarmac at Kuala Lumpur International Airport 2 (KLIA 2) in Sepang, Selangor, Malaysia, on Monday, Aug. 24, 2020. AirAsia is scheduled to report its quarterly results on Aug. 28.

“AirAsia’s shop is anyway shutting down,” Hardeep Singh Puri said in televised comments that were widely circulated on social media. “Their parent company has problems.”

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A spokesman for AirAsia India, which is majority owned by Indian conglomerate Tata Group, declined to comment. A spokesman for the civil aviation ministry said Puri’s comments were taken out of context and he had immediately clarified them.

AirAsia, once the poster child of a low-cost airline revolution in Asia, is seeking to raise

China’s Industrial Profits Grow for Fourth Straight Month | Investing News

September 27, 2020

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SHANGHAI (Reuters) – Profits at China’s industrial firms grew for the fourth straight month in August, buoyed in part by a rebound in commodities prices and equipment manufacturing, the statistics bureau said on Sunday.

China’s recovery has been gaining momentum as pent-up demand, government stimulus and surprisingly resilient exports propel a rebound.

Industrial firm profits grew 19.1% year-on-year in August to 612.81 billion yuan ($89.8 billion), the statistics bureau said.

That compares with a 19.6% increase in July and is the fourth straight month of profit growth.

However, industrial firms’ profits still face external pressures as rising tensions between Washington and Beijing cloud the global trade outlook.

Raw material manufacturing profits increased by 32.5% in August, up from 14.7% in July, according to Zhu Hong, an official at the statistics bureau. This was driven in part by a rebound in the prices of international commodities such as crude oil and

China’s industrial profits grow for fourth straight month

September 27, 2020

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FILE PHOTO: A worker welds a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS

China’s recovery has been gaining momentum as pent-up demand, government stimulus and surprisingly resilient exports propel a rebound.

Industrial firm profits grew 19.1% year-on-year in August to 612.81 billion yuan ($89.8 billion), the statistics bureau said.

That compares with a 19.6% increase in July and is the fourth straight month of profit growth.

However, industrial firms’ profits still face external pressures as rising tensions between Washington and Beijing cloud the global trade outlook.

Raw material manufacturing profits increased by 32.5% in August, up from 14.7% in July, according to

How to Grow Your Business With a Bad Credit Equipment Finance

May 2, 2020

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There are times that businesses face difficulties with their finances resulting in bad credit. A bad credit history restricts your chances of approval for equipment finance regardless if the equipment will help improve business profits.

Traditional lending institutions like banks may deny you the loan you need. But there are specialized loan companies who can look beyond your bad credit. These lending institutions can give you a second chance at availing the equipment you need to grow your business by offering poor credit equipment finance.

Bad Credit Equipment Finance for Growing Businesses

Equipment Financing is short-term loans (about 3-5 years) extended to businesses specifically to purchase the equipment needed for its operations. Equipment financing is a collateral loan which means that the equipment you purchased could be repossessed in case payments go into default. Since the loan is released with a collateral, lending companies view it as low risk and … Read More

Grow Your Avon Business – 21 Tips For Fast Success

May 2, 2020

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Are you interested in growing your Avon business? Becoming an Avon representative is super-easy and there are many resources to help you grow your business and meet your personal goals.

Use Avon products yourself. One of the best ways to sell a product is to know everything about it. Your regular discount and demos allow you to save money and try the products yourself first.
Ask your customers for product reviews. When you pass out orders, ask your customer to let you know how the products perform. This is a great way for you to learn about products so that you can offer more information to other customers.
Share your products. If you work in an office, make sure you have hand lotion to share with your co-workers. I have gotten several orders just by letting others try the lotion sitting on my desk. Another Avon rep

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