News from December 2021
'Shared vision': Citi unveils strategic agreement with Taskize
By David Hutton | Dec 5, 2021
Citi announced it has reached a strategic agreement with Taskize Ltd., in which the company’s clients can enjoy the advantages of Taskize’s query management platform.
Paycast, Mastercard, Marqeta join to create digital card; 'transforming bold ideas'
By Bob Martin | Dec 4, 2021
Paycast announced that it will be partnering with Marqeta and Mastercard to launch a digital card designed to be a fast and convenient way for marketplace sellers to do their business.
'It's a win-win.': Starbucks EMEA enters partnership with NCR
By David Hutton | Dec 4, 2021
Starbucks Europe Middle East and Africa (EMEA) has forged a partnership with NCR Corp. to manage 43 locations throughout Europe, Africa and the Middle East, ensuring its operations in those regions will continue to run smoothly.
'Eager to move forward.': Zion completes drilling phase of new well
By George Willis | Dec 4, 2021
Zion Oil & Gas Inc. is encouraged after completing the drilling phase for its Megiddo-Jezreel #2 (MJ-02) well in Israel.
'Welcome news for patients': NJ and Japanese companies achieve cancer treatment milestone
By Steven Hughes | Dec 4, 2021
The European Commission approved Keytruda and Lenvima to start anti-cancer treatment after a study showed this drug combo gave patients a better chance at overall survival than chemotherapy.
'Emerging technologies': Honeywell to open new research and testing center in Czech Republic
By David Beasley | Dec 4, 2021
Honeywell is building a new research and development testing center in the Czech Republic for its Intelligrated warehouse automation business.
Biden orders release of 50 million barrels of oil
By George Willis | Dec 3, 2021
President Joe Biden released 50 million barrels of oil from the U.S. strategic reserve to help reduce energy costs as Americans begin traveling for the holidays, according to AP News.
IMF executive board concludes 2021 Article IV consultation with Uruguay
By Press Release | Dec 3, 2021
The economy is showing strong signs of recovery with growth expected to reach 3.4 percent in 2021 and 3.2 in 2022.
'Cybersecurity is more critical than ever': Dragos expands into the United Arab Emirates
By Art Benavidez | Dec 3, 2021
A Baltimore-Washington, D.C.-based cybersecurity company will expand operations into the United Arab Emirates (UAE) in order to provide companies in the region the capabilities to adequately reply to threats.
Tiffany & Co. opens first store on Left Bank in Paris
By David Beasley | Dec 3, 2021
Tiffany & Co. recently opened a store on the Left Bank in Paris.
First Deputy Managing Director Geoffrey Okamoto to leave IMF, Gita Gopinath to be IMF’s new First Deputy Managing Director
By Raphael Anspach | Dec 3, 2021
The IMF said today that First Deputy Managing Director (FDMD) Geoffrey Okamoto will leave the Fund early next year and that Gita Gopinath, currently the IMF’s Chief Economist, is proposed to be the Fund’s new First Deputy Managing Director.
APRA sets new capital requirements for systemically important banks
By Globe Banner | Dec 2, 2021
The Australian Prudential Regulation Authority (APRA) has finalized its requirements for loss-absorbing capacity.
IMF completes mission with Senegalese authorities
By Press Release | Dec 2, 2021
A staff team from the International Monetary Fund (IMF), led by Ms. Corinne Deléchat, conducted a hybrid mission from October 22 to November 20, 2021 to conduct the 2021 Article IV consultation, the fourth review under the PCI and the first review of the 18-month financing arrangements under the SCF and SBA.
IMF completes first review of program with Guinea Bissau
By Press Release | Dec 1, 2021
The Management of the IMF approved on Nov. 9 the completion of the first review of Guinea Bissau’s SMP.
ANZ faces class action over alleged unfair credit card contracts
By Globe Banner | Dec 1, 2021
ANZ has confirmed that a class action has been initiated by Phi Finney McDonald in the Federal Court of Australia.
ANZ report links poor health with low financial wellbeing among Australians
By Globe Banner | Dec 1, 2021
Australians facing poor physical or mental health are more likely to experience low financial wellbeing, according to the latest ANZ Financial Wellbeing survey.