News from November 2021
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
Entravision's 365 Digital acquisition part of 'our continued global expansion,' CEO says
By Karen Kidd | Nov 12, 2021
Entravision's acquisition of the African-based advertising venture 365 Digital, announced late last week, is only the latest Entravision expansion and it already yielding positive results, the company's CEO said
As international community seeks to phase out coal use, China announces plans to build more coal-fired plants
By Andy Nghiem | Nov 12, 2021
As the U.S. and the world seek to decrease carbon emissions, China recently announced that it will expand coal-powered factories.
Acorda Therapeutics finalizes deal to commercialize INBRIJA in Germany
By Caleb Lombardo | Nov 12, 2021
Acorda Therapeutics, Inc. has partnered with Esteve Pharmaceuticals GmbH to begin distributing INBRIJA 33 mg (levodopa inhalation powder, hard capsules), in Germany.
Urban Aeronautics, CityHawk link up with Universal Avionics to 'enhance safety'
By Trina Thomas | Nov 12, 2021
Urban Aeronautics and CityHawk announced their partnership with a commercial avionics systems manufacturer to improve the safety of aircrafts.
'So this happened,' former Banco Santander CEO Belinky says in Twitter announcement of his move to Motive Partners
By Karen Kidd | Nov 12, 2021
Mariano Belinky, now a former CEO in Banco Santander's asset management division, had his own way of announcing he has joined the equity firm Motive Partners as an industry partner.
DoorDash partners with Wolt Enterprises 'to build a global platform' through $8.1 billion acquisition
By Timothy Stuckey | Nov 12, 2021
In a giant step for global delivery operations, DoorDash has entered an agreement with certain shareholders to acquire Wolt Enterprises.
Unity inks deal to acquire Weta Digital
By Caleb Lombardo | Nov 12, 2021
Unity, the world's leading platform for creating interactive 3D content, announced Nov. 9 it has finalized an agreement to acquire Weta Digital and its resources.
BEA: Worldwide employment for U.S. multinational enterprises increased in 2019
By Press Release | Nov 12, 2021
Worldwide employment U.S. multinational enterprises (MNEs) increased 2.4 percent to 43.9 million workers in 2019 from 42.9 million workers in 2018, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA) on the operations and finances of U.S. parent companies and their foreign affiliates.
IMF's Georgieva at Paris Peace Forum: 'As we prioritize the needs of countries, it has to be done in the context of interdependence'
By Press Release | Nov 12, 2021
As we prioritize the needs of countries, it has to be done in the context of interdependence. It is morally right to help everyone in need, of course, but it is also in everybody’s self-interest. No-one is safe until everyone is safe. That applies to the fight against the pandemic and also to the fight against climate change.
Alcoa Corporation partners with Portland Aluminum to restore smelter capacity, create 'positive social impact'
By Andy Nghiem | Nov 11, 2021
Alcoa Corporation announced Nov. 7 it has initiated a partnership with Portland Aluminum to restart 35,000 metric tons per year at its Australian-based aluminum smelter, according to a press release.
Georgieva appoints Okamura has IMF deputy managing director
By Press Release | Nov 11, 2021
Ms. Kristalina Georgieva, managing director of the International Monetary Fund (IMF), announced Nov. 10 to the Executive Board of the IMF her proposal to appoint Mr. Kenji Okamura as deputy managing director, effective Dec. 3, 2021.
KKR 'pleased' with warehouse purchase in Ohio, South Korea
By Solange DeLisle | Nov 11, 2021
Worldwide investment firm KKR announced Nov. 8 the company's Real Estate Select Trust (KREST) obtained three new warehouses in North America and Asia
IMF, others discuss global rollout of COVID-19 vaccine
By Press Release | Nov 10, 2021
The heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization held on Nov. 9 the second High-Level Consultations with the CEOs of leading COVID-19 vaccine manufacturing companies
ANZ appoints Ranjit Roy as head of Middle East operations
By Globe Banner | Nov 10, 2021
ANZ has announced the appointment of Ranjit Roy as Head of the Middle East.
Seychelles, IMF reach agreement under Extended Fund Facility
By Press Release | Nov 9, 2021
Washington, DC: An International Monetary Fund (IMF) mission led by Boriana Yontcheva carried out a mission from October 23–November 8, 2021 to assess performance at end-September for the first program review under the Extended Fund Facility (EFF) Arrangement with Seychelles.
Republic of Congo, IMF reaches agreement on extended credit facility arrangement
By Press Release | Nov 8, 2021
An International Monetary Fund (IMF) team led by Pritha Mitra, Mission Chief for the Republic of Congo, conducted a virtual mission with the Congolese authorities during October 7-15 and November 4, 2021, to discuss a program to be supported by the IMF’s Extended Credit Facility (ECF) arrangement.
Elite Education Group International announces expansion into Great Britain to recruit Chinese students for 'two premier UK universities'
By Karen Kidd | Nov 7, 2021
The recently announced agreement with an education holding company to recruit Chinese students for two UK universities marks that company's expansion outside the U.S., the company's CEO recently said.
ElectroNeek meets 'tremendous success' with expansion in Latin America, India
By Caleb Lombardo | Nov 7, 2021
ElectroNeek recently made advancements on its global expansion plans with new partnerships in Latin America and India.
Hyzon Motors partners with Hiringa for New Zealand-based green hydrogen refueling network
By Art Benavidez | Nov 7, 2021
A New York-based global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, including heavy duty trucks, buses and coaches, will expand its operations in New Zealand.