News from July 2021
China's stronghold on global medication production a cause for concern, FDA says
By Valerie Bonk | Jul 18, 2021
The U.S. relies on China for medications as production for many generic medicines are located off-shore, but the Food and Drug Administration said it does not know much more than that.
ANZ offers support amid COVID-19 lockdowns in Australia
By Globe Banner | Jul 17, 2021
ANZ has announced its commitment to assist Australians affected by the recent COVID-19 lockdowns in Victoria and tightened restrictions in New South Wales.
Pew Research Center survey of 17 countries finds negative opinion of China on individual freedoms
By David Hutton | Jul 16, 2021
A recent survey of 17 nations in Europe, North America and Asia-Pacific asking if China respects individual liberties found overwhelmingly negative views.
McKinsey study: Hybrid work-from-home practices here to stay
By David Hutton | Jul 16, 2021
A year ago many companies urged their employees to work from home as the COVID-19 pandemic led to lockdowns, forever changing the way people work.
Philip Morris International names Deepak Mishra president for Americas, PMI America CEO to retire
By Bree Gonzales | Jul 15, 2021
Philip Morris International (PMI) restructured its operations in the Americas recently, elevating former Chief Strategy Officer Deepak Mishra to the office of president, Americas region, and announcing the retirement of PMI America CEO Martin King.
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.