Global windows & doors market to exceed $260 billion by 2024

The global market for windows and doors is forecast to exceed $260 billion by 2024, with projected annual gains of 3.5% between 2018-2024, according to new research by Global Market Insights Inc. The worldwide market for these products was valued at more than $190 billion in 2017. According to the report, “Global Window & Door … Read more

Nepal, China sign 8 pacts for projects worth $2.4 billion

Nepal and China on Wednesday signed eight agreements worth US$ 2.4 billion in Beijing during the second day of official visit of Prime Minister KP Oli to China. These agreements are reached between the two governments and private sectors of Nepal and China where Chinese investors will put the money on developing hydroelectricity, water resources, … Read more

UK-based appliances maker Dyson debuts in India; to invest Rs 13 billion

British tech firm Dyson will pump GBP 150 million (about Rs 1,300 crore) into its Indian operations over the next five years as it looks to make inroads into the burgeoning consumer durable market here.The company, which launched its products in the Indian market, will set up 20 stores across Delhi-NCR, Mumbai and Bengaluru.”India is a very … Read more

Amazon’s latest assault wipes $12.5 billion off Home Depot, other appliance-seller stocks

Shares of Home Depot and Lowe’s were slammed Thursday, along with Whirlpool, after Amazon threatened to take on the appliance market in a much bigger way in a deal with Sears Holdings. The market cap loss in Home Depot, Lowe’s, Whirlpool and Best Buy was about $12.5 billion by the end of the day, after falling to more than $13 billion. Amazon stock was up … Read more