Medtronic highlights development strategy; raises revenue growth outlook (NYSE:MDT)

Medtronic (NYSE:MDT) will outline its strategy for driving accelerated revenue growth and sustainable double-digit total shareholder returns at its virtual 2020 Investor Day. The strategy includes:

The combination of a strong base business, recent product launches and a robust pipeline is expected to accelerate near- and long-term growth.

Medtronic is bringing inventive and disruptive technology with products such as soft tissue surgical robot, its Micra line of leadless pacemakers, extravascular ICD, pulse field ablation, PillCam Genius, transcatheter mitral replacement and repair, and renal denervation (RDN). RDN has been granted Green Channel priority review, which positions it for potential approval in China within a few months of an expected U.S. approval in calendar 2022.

The company has a differentiated R&D strategy that maximizes new technology, artificial intelligence, and analytics to deliver innovations to address unmet clinical needs.

Medtronic will provide an update on its long-range financial targets. The financial objectives include:

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South Korea’s central bank keeps rates steady as growth outlook sours

People cross a road in front of the Bank of Korea in Seoul on Aug. 27, 2020.

Jung Yeon-je | AFP | Getty Images

South Korea’s central bank kept its policy rate steady on Wednesday as it sought to keep a lid on red-hot property prices, even as it expects the economy to see the worst contraction in over two decades in
2020 due to the coronavirus pandemic.

The Bank of Korea kept the base rate steady at a historic low of 0.5%, as expected by all 34 economists in a Reuters poll. The central bank has cut rates by 75 basis points so far this year and ramped up bond-buying purchases to help the economy withstand the coronavirus fallout.

The decision to hold fire comes as Seoul’s median home prices have risen more than 50% in the past three years, despite slumping economic activity in 2020.

Asia’s fourth-largest economy

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Maersk to Lay off 2,000 in Business Shake-Up, Lifts Outlook on Improving Demand | Investing News

COPENHAGEN (Reuters) – The world’s biggest container shipping line, Maersk

, said on Tuesday demand was recovering faster than expected and lifted its earnings outlook, while also announcing plans to cut 2,000 jobs as it streamlines to cut costs.

Maersk, which handles about one in five containers shipped worldwide, said that though cargo volumes were still down on last year they had picked up more than forecast after falling sharply at the height of the coronavirus pandemic a few months ago.

“A.P. Moller – Maersk is on track to deliver a strong Q3 with solid earnings growth across all our businesses, in particular in Ocean and Logistics & Services,” Chief Executive Soren Skou said in a statement.

“Volumes have rebounded faster than expected, our costs have remained well under control, freight rates have increased due to strong demand,” Skou said.

Volumes in Maersk’s Ocean-division declined by around 3% in the

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On-the-go Food Packaging Market Outlook 2020, Business

LOS ANGELES, United States: The global On-the-go Food Packaging market is carefully analyzed in the report with large focus on market dynamics including key issues and challenges, drivers, trends, and opportunities. The report provides deep analysis of important market participants to help understand the use of leading strategies adopted in the global On-the-go Food Packaging market. It also sheds light on the industrial value chain and its expected changes during the course of the forecast period. The analysts have offered comprehensive and accurate research on prices, sales, and costs observed in the global On-the-go Food Packaging market and how they are expected to change in the coming years. The On-the-go Food Packaging research study has been prepared with the help of latest primary and secondary research methodologies.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample-form/form/1776151/1883346/global-on-the-go-food-packaging-market

One of the most important sections

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Global Base Oil Market to 2026 – Size, Share, Outlook and COVID-19 Strategies

DUBLIN–(BUSINESS WIRE)–Oct 12, 2020–

The “Base Oil Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026” report has been added to ResearchAndMarkets.com’s offering.

As the Base Oil industry shifts, the report presents the emerging market trends, factors driving the Base Oil market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Base Oil companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Base Oil industry trends.

To avoid getting left behind in an intensive competitive Base Oil market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Base Oil companies must strengthen their capabilities to maintain their market shares in the Base Oil industry.

To assist Base Oil manufacturers and vendors to formulate their strategies and analyze their business in the global

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Insider Energy: Exxon’s rough week, mega-mergers ahead, jobs outlook

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I’ve been thinking a lot about that fly. 

Speaking of surprise appearances at the VP debate Wednesday, fracking made a show — Mike Pence repeatedly said that Joe Biden and Kamala Harris want to ban the technology. Harris said they wouldn’t. 

Fracking is a super common method of extracting oil and natural gas in the US, which involves some engineering magic like sideways drilling.  

The technology turned America into a fossil-fuel powerhouse, starting around 2009. It also led to a surge in plastics and chemicals.

As I recently learned, pretty much

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Honeywell Cuts Business Jet Deliveries Outlook as Pandemic Hits Aviation | Investing News

MONTREAL (Reuters) – Honeywell Aerospace

on Tuesday cut its outlook for business jet deliveries, but held out hope that most future orders would escape the punishing effect of the COVID-19 crisis that has battered the aviation sector.

Honeywell’s 2020 business aviation outlook forecasts up to 7,300 new business jet deliveries worth $235 billion from 2021 to 2030, down 4% from the same 10-year forecast a year ago.

Yet 80% of business jet operators surveyed in the outlook say their aircraft purchase plans have not been affected by COVID-19, it said.

Corporate planemakers like Canada’s Bombardier Inc

, U.S.-based General Dynamics Corp’s

Gulfstream Aerospace, and France’s Dassault Aviation SA

are closely watching to see if a summer rebound in corporate flights will last and generate demand for new aircraft.

“We are seeing corporate customers expressing interest in growing their fleets so they can fly more executives and others privately, to safeguard

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