Globe Banner Report News


Report: Armed Forvia security officers overrun Mexican auto parts assembly contractor, seize equipment

Armed security officers for the French multinational auto supply giant Forvia forced their way into a Mexican industrial park and seized equipment at the center of a legal dispute.


Citi to serve as depositary bank for Will Semiconductor's GDR Program

Citi announced that Will Semiconductor Co., Ltd. Shanghai ("Will Semiconductor") has selected Citi's Issuer Services represented by Citibank as the Depositary Bank for its Global Depositary Receipt ("GDR") Program. The GDR Program was initiated alongside a $445 million offering of GDRs by Will Semiconductor, priced at $14.35 per GDR, according to a press release by Citi.


Citi releases its 'Treasury Leadership: Does it Matter?’ study report

Citi recently unveiled its latest study, "Treasury Leadership: Does it Matter?" indicating that companies fostering treasury teams as industry leaders experienced improved financial performance. The study highlights a correlation between top treasury performance and company profitability, according to the report provided by Citi.


Vancouver-based tech companies are reshaping vendor sourcing

Olive, a tech evaluation program, and Procurify, a spend management software, are partnering to offer a new solution for streamlining vendor sourcing, selection, and procurement processes for businesses worldwide. Through the partnership, the companies aim to simplify the vendor selection process for IT managers.


The International Monetary Fund releases World Economic Outlook report

The International Monetary Fund (IMF) outlines in its World Economic Outlook report that the survey of prospects and policies is the result of an extensive interdepartmental assessment of global economic trends, primarily relying on information collected by IMF staff during consultations with member countries.


Leading crypto exchange Binance files motion to dismiss SEC lawsuit

Binance, the largest crypto exchange in the world, and Changpeng Zhao (CZ), the exchange's CEO and founder, have filed a motion to dismiss the U.S. Securities and Exchange Commission's (SEC) lawsuit. Binance and CZ argued that Congress needs to legislate regulations for digital assets before the SEC can claim authority over crypto.


Leading crypto exchange Binance airdrops funds to Moroccan earthquake victims

Binance Charity, the philanthropic arm of the largest cryptocurrency exchange in the world, is airdropping up to $3 million worth of crypto to people affected by the earthquake in Morocco. A magnitude 6.8 earthquake hit the country last week, leaving several thousand people dead and impacting hundreds of thousands of residents.


The market for Bronopol is expanding across industries, boosting demand

The global Bronopol market is expected to expand until 2028, driven by a boost in demand across numerous industries, according to a press release.


Binance founder highlights France as technologically progressive

Changpeng Zhao (CZ), the CEO and founder of Binance, the largest cryptocurrency exchange in the world, participated virtually in the Token2049 conference last week. CZ said during the conference that while smaller nations can be more progressive in terms of their openness to cryptocurrency because it can be easier for them to adopt new regulations, he highlighted France as an example of a larger country that has been open to crypto.


Binance, TRM Labs assist in arrest of Islamic State-affiliated individuals

A collaborative effort between Binance, the largest crypto exchange in the world, TRM Labs, a blockchain intelligence firm, the Financial Monitoring Department of the National Bank of Tajikistan and law enforcement agencies in Tajikistan has led to the arrest of multiple individuals associated with Islamic State – Khorasan Province (ISKP), an affiliate of the militant Islamic State group, Binance announced in an Aug. 25 blog post.


Subway CEO: 'Subway has a bright future with Roark'

Subway, based in Milford, Connecticut, has been acquired by Roark Capital affiliates in a definitive agreement, according to a press release.


Jauregui: “We have been using EverestLabs RecycleOS AI and robotics solutions for nearly three years”

EverestLabs is continuing its global expansion efforts with a new Robotics Operations Center office in Guntur, Andhra Pradesh, India.. The new site will prioritize engineering.


Kasavana: “PTI's growth will continue facilitating coverage deployments for all French wireless operators across the country”

Phoenix Tower International, based in Florida, recently secured two deals to expand its operations in France with 1,978 sites, a PR Newswire report reveals.


Mattacchione: “It is both an honor and significant opportunity for our company to have been selected to participate as an invited member of the Team Canada Trade Mission to India”

Novo Integrated Sciences, Inc.’s Canadian subsidiary and nutraceutical manufacturer, Acenzia, has been invited to form part of a Team Canada Trade Mission to India.


McKearney: “Accelerating success for indie in the EMEA region has driven the expansion of our quality lab and will enable world class technical product support for our local automotive customers”

Aliso Viejo, California-based company, Autotech solutions provider, Indie Semiconductor has expanded its global operations with a new lab facility at its engineering center in Dresden, Germany.


Villani: “Our partnership with Gopuff goes from strength to strength as we translate the success we have seen in the US for the UK”

Gopuff has made its Ads platform available in the UK. Through this launch, the instant Commerce platform, based in Philadelphia, aims to target “high-intent customers” while they’re shopping.




Hehir: “Our growing IP portfolio is the result of more than 15 years of AI architecture research and development”

BrainChip Holdings Ltd. was recently issued a patent by IP Australia to leverage its 2nd generation Akida™ IP and expand its technology portfolio.


President and CEO of IonQ: 'We are pleased to announce today's collaboration with BearingPoint as they advise clients on the benefits and potential applications of quantum computing'

IonQ, based in Maryland, has signed an agreement with BearingPoint to begin offering its quantum system access and professional services to customers across Europe.