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Karla Florez News



Dairy Queen to open 600 locations in China to promote ‘ rapid growth trajectory during the next 10 years’

Dairy Queen recently joined with FountainVest Partners to expand its franchise across China with 600 new locations.


McDonald's on ceasing operations in Russia: 'Our hearts are with the people who are enduring unconscionable effects'

McDonald's confirmed its decision to cease operations in Russia amid its invasion of Ukraine last week, closing nearly 850 of its restaurants.


Saudi Arabia deems China ‘a strategic partner’ as it considers oil sale currency switch from U.S dollar to yuan

Saudi Arabia is actively considering accepting yuan instead of dollars for oil sales to China, The Wall Street Journal confirms.


Chicago-based doctor to lead Advanced Clinical’s International expansion as it 'diversifies global clinical programs and elevates clinical strategy'

Advanced Clinical has invited Chicago-based Dr. Andreas Amrein to join its executive team as senior vice president of Asia-Pacific (APAC) and Japan, and managing director for Europe and Canada.


'A unique opportunity': Former Chinese, U.S.-based helicopter firm re-opens under MidTex Aviation acquisition

Menominee-based company Enstrom Helicopter Corp. was recently acquired by the MidTex Aviation of Texas, and will now re-open as Enstrom Aerospace Industries.


Citi to hire 900 new employees worldwide to further promote ‘global connectivity and institutional expertise’

Citi Commercial Bank confirmed plans to hire 900 new employees, including more than 400 commercial bankers.


Guidewire hopes to ‘enhance business processes’ with Wipro partnership

Guidewire, based in California, recently brought on Indian consulting and business process services company, Wipro onto its PartnerConnect program as a consulting alliance member.


Riskonnect acquires UK-based software company as it pursues an ‘enhanced and diversified product suite’

Riskonnect has acquired U.K.-based software company Sword GRC to further establish the global footprint of its integrated risk management platform.


Bold Insight names recent UK expansion to 'uncover a broad range of insights in a tight timeline'

Bold Insight has established its presence in the U.K. with its new managing partner, Robert Schumacher, who will soon lead a team of executives at the company’s future offices in the country.


China sets lowest-ever recorded economic growth goal amid global ‘supply chain disruption, semiconductor shortages’

Amid a political climate of hostility and inflation, China recently released the lowest economic growth target recorded in 30 years.


U.S. DOT approves international manufacture of detonating cords from Hunting Energy Services

Hunting PLC subsidiary, Titan Division of Hunting Energy Services, recently received the green light to internationally manufacture its line of detonating cords from the U.S. Department of Transportation.


'Hong Kong is a key financial hub': Ropes & Gray appoints new managing partner for Hong Kong office

Ropes & Gray recently selected Vincent Ip to be the managing partner for its Hong Kong office. The executive is scheduled to begin his tenure April 1.


Tesla raises price for Model 3, Model Y cars in China and U.S. ‘amid surging raw material costs’

Tesla Inc. has once again raised the prices of its U.S. Model Y SUVs and Model 3 Long Range sedans in China and the U.S.


One Equity Partners acquires Norit Activated Carbon to 'grow through geographic expansion'

One Equity Partners recently finalized its Norit Activated acquisition.


‘We regret the impact this will have on our valued colleagues’: Visa breaks off operations in Russia

Visa has added itself to the list of financial institutions cutting ties with Russia amid the country’s invasion of Ukraine.


Citcon introduces e-commerce payments in South Korea and Japan to 'help merchants of all types expand their ecommerce offerings into these fast-growing markets’

Citcon Inc. has taken its global expansion a step further with the launch of its e-commerce payment option in South Korea and Japan.


Sylvamo ceases Russian operations as it continues to follow ‘imposed legal restrictions and government sanctions’

Sylvamo has called for a temporary suspension on its Russia-based operations in light of the ongoing war between the country and Ukraine.


Mastercard suspends operations in Russia to ‘ensure the safety and security of global payments ecosystem and network’

Mastercard recently confirmed its decision to suspend operations in Russia amid the country’s ongoing conflict with Ukraine in an effort to “remain vigilant to ensure the safety and security of the global payments ecosystem and our network.”


Walmart partners with London-based Space NK to launch ‘exciting new additions online and in the beauty aisle’

Walmart entered an agreement with London-based Space NK to launch BEAUTYSPACENK online and in nearly 250 of its stores across the U.S.