The chief executive of Saudi Basic Industries Corporation (SABIC), the largest chemicals company in Saudi Arabia, has forecasted a challenging 2024 for the global chemical industry. The announcement comes amidst a persistently weak global economic outlook that is impacting the demand for chemicals, vital components in the production of consumer goods like cars and mobile phones. Impacting Factors This forecasted downturn is mainly attributed to a slower-than-anticipated recovery from the Covid-19 pandemic and global economic growth that continues to underperform. The chemical industry, a significant link in the global manufacturing supply chain, is likely to bear the brunt of this economic slowdown. Adding to the strain are heightened inflation rates and burgeoning energy costs, which further squeeze profit margins. Company Performance and Market Scenario SABIC's share prices have taken a hit in recent...

In the wake of Apple's release of the M3 chipset, the tech giant's entry-level MacBook Pro has landed in a quandary. While the M3 MacBook Pro promises to offer slightly enhanced performance over the forthcoming M3 MacBook Air, the marginal difference comes with a significant price hike. This discrepancy calls the MacBook Pro's value into question, particularly when compared to its Air counterpart. Apple's M3 DilemmaStarting March 2024, Apple will equip its MacBook Air with the M3 technology. Until then, the M3 MacBook Pro serves as the entry-level option for those willing to invest in Apple's new chipset. However, the Pro's price-to-performance ratio is under scrutiny. While it may outperform the M3 MacBook Air marginally, the trade-off in terms of cost is substantial. Refurbished M2 Pro: A Value PropositionFor consumers seeking more power without breaking the bank, Apple's refurbished M2 Pro chipset M...