Archive for the 'News' Category

More U.S. and Canadian Office Markets Ride Wave of High-Tech Hiring

Strong growth in high-tech sector hiring and increasing  competition between firms for talent created new  tech-oriented submarkets around the U.S. and Canada in the first quarter of 2012, according to Jones Lang LaSalle’s High Tech Industry Report. “Despite high-tech’s relatively small footprint in office markets, accounting for just 8.5 percent of all jobs using office [...]

Garmin Arrives at a Milestone: 100 Million Products Sold

Garmin Ltd. announced that it has sold more than 100 million of its products to motorists, pilots, boaters, runners, cyclists, golfers, hikers, hunters, and geocachers – who all depend on Garmin to help show the way. “This is a tremendous milestone for Garmin. In just 23 years, we’ve gone from a startup company into one [...]

U.S. severe weather insurance losses approach USD1 billion in April

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), releases the latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during April. Published by Impact Forecasting, the firm’s catastrophe model development center of excellence, the report reveals that a series of severe weather [...]

April Petrochemical Prices Edge Lower on High Supply, Weaker Oil Prices

Prices in the $3-trillion-plus global petrochemicals market took a slight downturn in April, averaging of $1,444 per metric ton (/mt). The April average price is down a mere $1 from the March average, according to the just-released monthly average of the Platts Global Petrochemical Index(PGPI), a benchmark basket of seven widely used petrochemicals. While the [...]