News from November 2021
IMF executive board approves US$372.4 million Rapid Credit Facility disbursement to Tanzania to address the COVID-19 pandemic
By Meera Louis | Nov 16, 2021
The Executive Board of the International Monetary Fund (IMF) today approved a disbursement equivalent to SDR265.2 million (US$372.4 million or 66.7 percent of quota) under the Rapid Credit Facility (RCF) for Tanzania.
IMF executive board concludes 2021 Article IV consultation with the Netherlands
By Press Release | Nov 16, 2021
On November 10, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Netherlands.
Israeli study probes if lipids came first in the origin of life
By Marjorie Hecht | Nov 16, 2021
A prevailing scientific scenario for the chemical origin of life focuses on RNA (ribonucleic acid) and proteins, biopolymers that without which there would be no life today. But a new study suggests that it's not plausible that these complex molecules could spontaneously appear prebiotically.
Veriforce expands to Africa after ComplyWorks acquisition
By Trina Thomas | Nov 15, 2021
A leading global supply chain risk-management organization on Nov. 4 announced its further expansion into the mining and energy sector after acquiring ComplyWorks Africa, Ltd.
Dynacure takes on partnership to develop myotubular, centronuclear myopathy treatment in Japan
By Trina Thomas | Nov 15, 2021
A company that focuses on novel therapy clinical trials for rare diseases on Nov. 10 announced a partnership that will allow the development of a product that treats myotubular and centronuclear myopathies (CNM) in children and adults.
Noble Corp., Maersk Drilling merge; 'Combination carries strong industry logic'
By Trina Thomas | Nov 15, 2021
The Noble Corporation and The Drilling Company of 1972 (Maersk Drilling) on Nov. 10 announced that they have agreed to combine both businesses under a 50/50 partnership with the combined name Noble Corporation.
Persefoni expands into Europe, appoints Anne Reaney as co-founder
By Art Benavidez | Nov 15, 2021
A leading climate management and accounting platform announced that it was expanding its footprint with a UK office.
OKY expands offerings to Argentina in aggressive expansion
By Caleb Lombardo | Nov 15, 2021
OKY, an e-commerce company with reach across the world, announced this week that it will be expanding operations to Argentina, providing residents there access to more than 115 brands.
Biden, Xi to meet to discuss smoothing trade relations
By Glenn Minnis | Nov 15, 2021
President Joe Biden and Chinese President Xi Jinping are set to meet in the coming days where Xi is reported to already be attempting to lay out the ground rules between the two powers going forward.
IMF expects intense price growth on metals
By Bree Gonzales | Nov 15, 2021
An International Monetary Fund working paper projected that metal prices would surge in a sustained period.
Oracle experiencing substantial growth even before opening new Singapore cloud region, company president says
By Karen Kidd | Nov 15, 2021
U.S.-based multinational technology corporation Oracle was already growing substantially even before reaffirming its commitment to Singapore with of a cloud region last week, a company executive said in a recent news release.
project44 expands its global presence in Latin America
By Trina Thomas | Nov 14, 2021
An organization that paves the way for supply-chain visibility plans to expand in Latin America.
'The right communications and collaboration solutions': RingCentral partners with Mitel to strengthen cloud communications platform
By Ariana Chiarenza | Nov 14, 2021
RingCentral, Inc. announced a partnership with Mitel on Tuesday aimed at strengthening its Message Video Phone™ (MVP®) cloud communications platform.
'We are excited to extend our real-time customer experience platform': Swrve expands into China
By John Kelly | Nov 13, 2021
Swrve has expanded its customer experience system offerings to China
Amazon expands its offerings to Colombia and Chile to ‘bring music fans even more choice and ways of discovering music’
By Karla Florez | Nov 13, 2021
Amazon has made its music platform accessible to customers in Colombia and Chile.
'Committed to bringing the highest quality standards to the European cannabinoid market': Open Book Extracts establishes Amsterdam office
By Andy Nghiem | Nov 13, 2021
Cannabinoid-based health and wellness producer Open Book Extracts (OBX) recently announced that it has established a new office in Europe.
Intermap expands into India with TATA Communications during 'rapid growth' period
By Art Benavidez | Nov 13, 2021
A Denver, Colorado-based global leader in geospatial data and intelligence solutions has announced that it will expand operations to India.
KPS opens new office in Poland, expands global presence
By Caleb Lombardo | Nov 13, 2021
In a move that the company hopes will expand its global presence and reach, KPS Life has confirmed its plans to establish a European headquarters with a new office located in Warsaw, Poland.
REEF acquisition of United Arab Emirates-based iKcon positions company 'to become a leader in the region,' company official says
By Karen Kidd | Nov 13, 2021
Miami-based REEF Technology's acquisition of United Arab Emirates-based iKcon Restaurant, announced earlier this week, is REEF's entry into the Middle East/North Africa (MENA) market, a company official said.
Colgate Energy's $190 million bolt-on acreage acquisition in New Mexico counties 'too good to pass up,' co-CEO says
By Karen Kidd | Nov 12, 2021
Colgate Energy Partners' $190 million purchase of 22,000 net acres in Eddy and Lea Counties, announced earlier this week, is a good deal for the company, Colgate Co-CEO Will Hickey said in a news release