Private equity firm Odyssey is reportedly in advanced negotiations to acquire Honeywell’s face mask unit, a potential deal valued at around $1.5 billion. This acquisition marks a strategic move by Odyssey to capitalize on the surging demand for personal protective equipment (PPE), driven by the global pandemic. The deal would be a significant milestone in the PPE industry, as face ...

Despite a long-standing hypothesis that personality traits are relatively impervious to environmental pressures, the COVID-19 pandemic may have altered the trajectory of personality across the United States, especially in younger adults, according to a new study published this week in the open-access journal PLOS ONE by Angelina Sutin of Florida State University College of Medicine, and colleagues. Previous studies have generally found ...

Tourism in Hungary has bounced back to the pre-pandemic level, with 16.4 million guest nights registered this summer, the Hungarian Tourism Agency (MTU) said. This is the same level as the summer of 2019, Xinhua news agency quoted the MTU as saying. MTU welcomed the fact that domestic tourism has maintained its momentum in recent years. “About 10.5 million of ...

At least half of the companies worldwide are planning to cut jobs or prune bonuses and rescinding job offers due to the onset of a global economic downturn, said global financial monitoring firm PwC in its latest report. In its “PwC ‘Pulse: Managing business risks in 2022” survey in the US, it said 50 per cent of respondents are reducing ...