News from August 2021
'The start of a long journey': American Eagle Outfitters opens first Irish location
By Andy Nghiem | Aug 8, 2021
On August 5, American Eagle Outfitters opened its first store in Ireland at Dublin's Jervis Shopping Centre.
Square acquires Afterpay for $29B to make finances ‘more fair, accessible and inclusive’
By Kasey Schefflin-Emrich | Aug 8, 2021
Square is entering the quickly-growing installment loan market with its acquisition of the Australian fintech company Afterpay.
Expanded partnership allows Alteryx, PwC to 'provide analytics automation across every line of business'
By Kasey Schefflin-Emrich | Aug 6, 2021
Analytics automation company Alteryx and professional services network PwC have expanded their strategic relationship to accelerate the digital transformation for organizations across the globe, the companies announced in a press release.
Activists condemn Amazon's humanitarianism as 'opportunistic, empty and hypocritical'
By Savannah Howe | Aug 6, 2021
When civil tensions erupted across the country in the summer of 2020, former Amazon CEO and founder Jeff Bezos was quick to donate $10 million to the Black Lives Matter movement.
Skybox hustles expansion: 'Cybersecurity is now impacting the daily lives and safety of global citizens'
By Solange DeLisle | Aug 6, 2021
With rapidly increasing fears over cyberattacks spreading across the globe, cybersecurity firm Skybox Security is likewise expanding its international reach, the company announced in a press release.
Blackstone, Hudson Pacific to fund British movie studio as part of 'thematic investment focus'
By Steven Hughes | Aug 5, 2021
Blackstone Real Estate Partners and Hudson Pacific Properties are funding construction for a new Sunset Studios movie studio in the United Kingdom, according to a report from CNBC.
Fed's antitrust attempts no match for Google's $62 billion Q2 revenues, CEO says
By Karen Kidd | Aug 5, 2021
Google's global revenue increase, up 78% last quarter compared to the previous quarter, reflects the "rising tide" of just how much the world depends on the internet, a Big Tech executive recently announced.
'Leading player' in the 'instant-needs economy' Gopuff lands $1 billion in new funding
By Karen Kidd | Aug 5, 2021
A Philadelphia-headquartered consumer goods and food-delivery service has managed to attract the attention of an impressive list of investors.
New director Quintero will 'leverage TYLI's technical expertise on alternative delivery projects'
By Karen Kidd | Aug 5, 2021
Promotion of a San Francisco-based global engineering firm's delivery vice president in the Americas to the top spot in that department will expand market share and assurance performance, the firm's chief operation officer said in a recent press release.
Riviera Partners expands to Europe: 'The need for outstanding technology talent is not bound by borders'
By Kasey Schefflin-Emrich | Aug 5, 2021
San Francisco-based executive-search firm Riviera Partners is making its recruiting platform accessible to European businesses, the company announced in a press release.
Biden calls for increased cybersecurity in aftermath of Colonial Pipeline attacks
By Alexus Barnhart | Aug 4, 2021
President Joe Biden is asking private infrastructure companies to heighten their cybersecurity measures after recent attacks against the Colonial Pipeline caused a disruption in gas supply on the East Coast.
Christine O'Reilly appointed to ANZ Board effective November 2021
By Globe Banner | Aug 4, 2021
The Australia and New Zealand Banking Group Limited (ANZ) has announced the appointment of Christine O’Reilly to its Board as a non-executive director, effective from November 1, 2021.
Real GDP increases at 6.5% annual rate in second quarter estimate
By Valerie Bonk | Aug 3, 2021
The real gross domestic product (GDP) increased at an annual rate of 6.5% in the second quarter of 2021, according to an advance estimate released Thursday by the U.S. Commerce Department.
American Airlines and JetSMART sign 'letter of intent' to expand Western Hemisphere routes
By Valerie Bonk | Aug 3, 2021
American Airlines has signed a letter of intent with South American budget airline JetSMART to expand its routes in North and South America.
Discovery Life Sciences names new EVP for sequencing and bioinformatics
By Steven Hughes | Aug 3, 2021
Biotechnology company Discovery Life Sciences has named Thomas Halsey executive VP of genomics for its HudsonAlpha Discovery division, the company said in a press release Thursday.
TransPerfect and Semantix to merge, forming a 'rapidly growing global team' in the language field
By John Kelly | Aug 3, 2021
TransPerfect, global provider of language and technology solutions for businesses, recently announced it will merge operations with Semantix, the largest provider of translation and interpretation services in the Nordic region.
Citing delta variant, U.S. to 'maintain existing travel restrictions'
By Steven Hughes | Aug 3, 2021
White House officials announced on July 26 that the U.S. will continue its travel ban as the highly contagious delta variant of COVID-19 continues to spread across the globe.
ANZ introduces sustainability-linked derivatives in Asia-Pacific
By Globe Banner | Aug 3, 2021
ANZ has introduced a Sustainability-Linked Derivative product in several regions, including Australia, Hong Kong, Japan, and Singapore.
ANZ partners with AIFFP for infrastructure development at Fiji Airports
By Globe Banner | Aug 2, 2021
ANZ has entered into a partnership with the Australian Infrastructure Financing Facility for the Pacific (AIFFP) to support capital works projects at Fiji Airports.
Goods trade deficit widens on imports to $91.2 billion
By Christina Heath | Aug 1, 2021
Despite a rise in economic activity, the U.S. trade deficit in goods rose in June, according to a Reuters article.