Artificial intelligence makes its mark!

The market for artificial intelligence is growing at a steady clip. The recent acquisition of the artificial intelligence start-up, DeepMind by Google for a reported USD400 million signals the commercial arrival of this technology. Moreover, with the global market for artificial intelligence valued at USD900 million in 2013, and with its proven ability to reduce manual processes, there is a possibility that it may eliminate many U.S. jobs. But if previous waves of technological transformation in human history are anything to go by, the resources this unleashes will go to creating new industries, markets and jobs.

Will artificial intelligence put human beings out of work?

https://www.spireresearch.com/newsroom/spirethoughts/artificial-intelligence-makes-its-mark/

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India’s ‘hairy’ exports for Africa

Renowned for its beauty, texture and strength, the Indian hair export market is worth about USD393.5 million. With rising demand in the African subcontinent for extensions and wigs, Indian companies are now keen to invest into the hair business more than ever. The recent announcement of South Africa-based hair extension company Friska Hair being acquired by Godrej Consumer Products India shows that hair export is serious business. One driving factor is Africa’s young and growing population, which helps ensure that consumer spending grows in lockstep with GDP. This is good news for Indian hair exporters. https://www.spireresearch.com/newsroom/spirethoughts/indias-hairy-exports-to-africa/

China's measured reaction to US trade tariffs

The recent US trade tariff announcement will impact Chinese imports worth USD60 billion. Will China’s reaction and the prospect of continuing tit-for-tat tariff hikes cause more panic across global markets? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in China Daily – Asia Weekly. As the US Treasury explores restrictions on Chinese investment in the country, the value of stocks plunged across Asian markets. Industries that might come under more scrutiny for possible higher trade tariffs include maritime equipment, new materials, automated machine robotics and tools along with new advanced information technology and high-tech shipping to name a few. Voicing concern, Perera pointed out that China’s focus will still be on minimizing an escalation of mutual tariff hikes. China has hugely benefitted from global trade and FDI flows. However, China is clearly prepared to pursue retaliatory tariffs of its own for strategic reasons – it has announced tariff h...

Precious metal destroys cancer cells

University of Warwick researchers developed an organo-metal compound coded as FY26 to infiltrate cancer cells and activate cellular mitochondria to destroy cancer cells. To date, FY26 has been tested in ovarian cancer cells and has been deemed 50 times more effective and cheaper than other chemotherapy drugs. Can a newly discovered metallic compound vastly improve the treatment of ovarian cancer? https://www.spireresearch.com/newsroom/spirethoughts/precious-metal-destroys-cancer-cells/

Spire chosen as Official Research Partner to the ALYA WTA Malaysian Open for sixth year in a row

Spire was honored to be appointed as the Official Research Partner for the sixth consecutive year for the ALYA WTA Malaysian Open – an international tennis tournament sanctioned by the Women Tennis Association (WTA). The event was held from 27th February to 5th March 2017 at the Kuala Lumpur Golf and Country Club (KLGCC) in Kuala Lumpur, Malaysia. Along with the Lawn Tennis Association of Malaysia (LTAM), Spire was thrilled to be a part of this prestigious event, organized by Sime Darby – a Malaysia-based multinational conglomerate. Talented sportspersons such as Elina Svitolina, Carla Suarez Navarro, Caroline Garcia and Yulia Putintseva graced the court. As the Official Research Partner, Spire’s Malaysia team aided organizers to improve event arrangements in the coming years using a Face-to-Face intercept research method to interview spectators. Spire’s regular participation in this international event showcases the quality and consistency of the research we provide. h...

Egyptian-Israeli gas deal to boost bilateral trade

A USD15 billion deal has been announced between Israel and Egypt to export natural gas. Israel’s Delek Group has signed an agreement to supply 64 billion cubic meters of gas in a span of ten years to Egypt’s Dolphinus Holdings. The deal is considered a milestone ever since the 1979 peace accord, bringing Egypt a step closer to becoming a regional energy hub. However, the transportation of natural gas from Israel to Egypt is a challenge given the security risks. Will the Egypt-Israel gas export deal usher in a relationship of bonhomie and economic co-operation? Read more here: https://www.spireresearch.com/newsroom/spirethoughts/egyptian-israeli-gas-deal-to-boost-bilateral-trade/

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