News from July 2021
Walmart continues to empower MSMEs through Vriddhi Cares, providing telecare services
By Bree Gonzales | Jul 15, 2021
Walmart recently expanded Vriddhi, its online business advice program in India, with Vriddhi Cares, to provide telecare services and health guidance to employees and family members of its suppliers in a country hit hard by the COVID-19 pandemic.
IBM spinoff Kyndryl names global leaders; Rick Ruiz selected as strategic markets president
By Bree Gonzales | Jul 15, 2021
Kyndryl recently announced the list of its country presidents, who will be leading the new company into the future.
Hines names Kian Fong Lim to lead Singapore office
By Bree Gonzales | Jul 15, 2021
Hines, a privately owned global real estate investment firm, recently hired Kian Fong Lim as managing director to lead its Singapore office.
Coca-Cola seeks shopper marketing manager in Shanghai
By Bree Gonzales | Jul 15, 2021
The Coca-Cola Company is seeking individuals who have skills in connections planning, customer journey, consumer behavior and engagement strategies to perform the role of Consumer Connection Planning Manager Flavor Sparkling in Shanghai, China.
Recent $2.1 billion merger of CAPTRUST and NNP is good for business, partner says
By Karen Kidd | Jul 14, 2021
The merger of South Carolina wealth management firm Nachman Norwood and Parrott with North Carolina-based investment company CAPTRUST will be a good, competitive fit going forward, an NNP partner said.
CBD companies target Central America, Caribbean as 'ideal places for us to grow'
By Christina Heath | Jul 14, 2021
Some of the top names in cannabidiol (CBD) and wellness are expanding into Caribbean and Central American markets.
Robert L. Greener announces associated law offices in Europe and South America
By Timothy Stuckey | Jul 14, 2021
The law office of Robert L. Greener P.C. recently announced the expansion of its associated offices into Europe and South America in a press release last month.
NewStore gets $45 million closer to becoming 'a strategic imperative for all retailers'
By David Hutton | Jul 14, 2021
The first half of 2021 proved to be a windfall for NewStore – after growing revenue and expanding its global footprint, the omnichannel store solution has landed $45 million in Series B-1 funding to drive new growth.
'We celebrate this good news': Aeronautical engineering company Avionyx expands in Costa Rica
By Valerie Bonk | Jul 14, 2021
Avionyx, an aeronautical engineering company that develops and tests software for aircraft systems, is expanding its operations in Costa Rica.
'I am proud to join Aparavi:' Data management company launches in Europe, names new CEO
By Valerie Bonk | Jul 11, 2021
The data management company Aparavi is launching its efforts in Europe with the appointment of a new CEO.
Enfusion enters Chinese market 'after a record year of growth in the APAC region'
By Art Benavidez | Jul 11, 2021
Enfusion, a cloud-based investment management software and service company, is expanding into China.
Topgolf enters developer agreement to open venue in Bogotá
By Art Benavidez | Jul 11, 2021
The popular golfing entertainment playground Topgolf, led by the Topgolf Entertainment Group, took a step toward entering the South American market, partnering with developer TG Latam (TGLA) to open a facility in the Colombian capital of Bogotá.
Thrasio hires former Amazon executive Georg Hesse to strengthen European market
By Art Benavidez | Jul 11, 2021
Thrasio, a business acquisition and expansion company, has hired former Amazon executive Georg Hesse as VP for the UK and Germany to advance its position in the European market.
Hard Rock's new Madrid hotel offers 'distinctly different personality'
By Valerie Bonk | Jul 10, 2021
Hard Rock Hotels has opened a new location in Madrid, Spain, in the Golden Triangle of Art, formed by three nearby art museums including El Prado.
U.S. team owners, investors getting financial kicks with soccer
By David Hutton | Jul 9, 2021
The United States has its own sport of football, but with the price of professional franchises skyrocketing, more Americans are investing in that other football – soccer.
Commerce Department bureau: Nation's monthly international trade deficit hit $71.2 billion in May
By David Hutton | Jul 9, 2021
Over the last several years the trade pendulum has continued to swing toward a deeper deficit for the United States, and that trend continued in May, according to data released by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA).
Bureau of Economic Analysis: Foreign investment in U.S. drops $45.4% in 2020, COVID-19 pandemic plays a role
By Ian Leigh | Jul 8, 2021
The U.S. Bureau of Economic Analysis (BEA) reported that foreign investment in the U.S. dropped 45.4% in 2020 compared to 2019, with COVID-19 playing a role.
Functional food market expected to grow to $268 billion worldwide by 2027, says Allied Market Research
By Andy Nghiem | Jul 8, 2021
The functional food market is projected to grow significantly within the next six years, driven by global consumer demand for more nutritious food, a market research group predicts.
BEA notes GDP increases, projects further growth despite 'upward revision to imports'
By Karla Florez | Jul 8, 2021
The U.S. Bureau of Economic Analysis (BEA) reported an increase of 6.4% in the real gross domestic products annual rate for the first quarter of 2021 in its third estimate.
Crackdown on political dissidents 'is putting the Chinese playbook on the Hong Kong situation'
By Andy Nghiem | Jul 7, 2021
Rapidly increasing global media speculation suggests that Beijing's oppressive national security law is not only negatively affecting Hong Kong residents, it is straining Hong Kong's relationships with countries around the world.