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Mar 12, 2021 8:58 AM UTC U.S. stock futures declined on Friday, led by technology shares, suggesting the recent uptick in demand for growth stocks was petering out at the end of the week. Futures on the technology-heavy Nasdaq-100 dropped 1.3%. S&P 500 futures slipped 0.4% and futures tied to the Dow Jones Industrial Average traded flat. Changes in futures don t necessarily predict movements after the opening bell. Europe stocks fell Friday after a four-session winning streak. The Stoxx Europe 600 was down 0.5% in morning trade. Communication services and information technology sectors drove the losses while the financial and real-estate sectors rose.
Representative image The agribusiness is teaming up with the Financial Times to host a panel on how global food systems are changing.
American agribusiness and food company Archer Daniels Midland (ADM) and UK-based business publication the
Financial Times are jointly hosting an online panel that will delve into ways that global food systems are changing and how consumer trends drive transformation in the food industry.
The panel, “The Future of Food is Now: How ESG Strategies, Smart Investments, and EU Policies are Shaping Global Food Systems,” is slated to take place on March 16 at 9 a.m. CST.
Participants in the event will hear a number of perspectives on consumer demand, regulations, and other factors impacting the food industry. Speakers include ADM’s chief financial officer, Ray Young; Claire Bury, deputy director general for food safety in the EU Directorate General; Francois Perrin, head of ESG at Group Bruxelles Lambert; the chief executive officer of T
Why are investors drawn to cycling?
Cycling is at the confluence of several key trends that investors have wanted to get behind. One is consumer focus on overall wellness and physical fitness, which has been a great tailwind for the market. Many fitness regiments include cycling as a key component, whether its outdoor biking or indoor cycling with a product like Peloton.
Another key trend is mobility. Cycling is becoming much more accepted in the urban and suburban environments as a way of getting around. This trend started in Europe and is now becoming more prominent in the US. From an urban mobility standpoint, cycling plays into that landscape quite well.
Keith Hausmann, Globality’s Chief Revenue Officer (personal photo)
Globality provides a procurement technology solution that uses AI to enable organizations to source complex services across multiple categories. At organizations across all industry verticals, services comprise, on average, 50%-60% of external spend. Most of these services categories are not well or comprehensively managed, and purpose-built technology solutions have been scarce.
Globality recently completed a $138 million Series E round from Sienna Capital, a wholly owned subsidiary of Groupe Bruxelles Lambert, and Softbank Vision Fund, bringing the company’s total funding to $310 million since its inception in 2015. This funding will support the company’s continued growth, including go-to-market and client-facing activities and, of course, product development, including user experience design (UX), industry vertical expansion, spend category additions, internationalization, etc.