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Japan's Nikkei reclaims 30,000-mark as economic optimism swells


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TOKYO, Feb 25 (Reuters) - Japan’s Nikkei index closed above the 30,000-mark on Thursday after Federal Reserve Chair Jerome Powell views signalled that interest rates will remain low for an extended period.
The Nikkei share average ended up 1.67% at 30,168.27. The broader Topix rose 1.22% to 1,926.23.
Powell told lawmakers on Wednesday it may take more than three years to reach the central bank’s inflation goals, a sign the Fed plans leave interest rates unchanged for a long time to come.
On Wall Street, all three main indexes ended higher, on track to post strong monthly gains, with the Dow and the S&P 500 set for their best month since November. ....

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Insights on the Reciprocating Compressors Global Market to 2026 - Featuring Atlas Copco, Siemens and GE Company Among Others


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The report on the global reciprocating compressors market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global reciprocating compressors market to grow with a CAGR of 2.9% over the forecast period from 2020-2026. The study on reciprocating compressors market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.
The report on reciprocating compressors market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global reciprocating compressors market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings. ....

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The Worldwide Autonomous Ships Industry is Estimated to Reach $14 Billion by 2030


The Worldwide Autonomous Ships Industry is Estimated to Reach $14 Billion by 2030
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The autonomous ships market is estimated to be USD 5,866 million in 2020 and is projected to reach USD 14,256 million by 2030, at a CAGR of 9.3% from 2020 to 2030.
The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities. New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency. The implementation of advanced systems acts as an important driver for the autonomous ships market. Autonomous ships are one of the variants of automated vessels. These ships involve integrating various systems and subsystems, enabling effective decision-making based on sensor fusion technology and Artificial Intelligence (AI) for processing the data, hence reducing or elimin ....

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