News from November 2021


Entravision's 365 Digital acquisition part of 'our continued global expansion,' CEO says

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

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

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'

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

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

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

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

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'

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'

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

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

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

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


Tolmar regains distribution rights to Eligard in Canada, plans rollout next year

Buffalo Grove-based Tolmar, a specialty pharmaceutical company, will resume distribution of the drug Eligard in Canada beginning in January.


Seychelles, IMF reach agreement under Extended Fund Facility

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

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'

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

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

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.


Webtoon, Hybe produce new lineup of webcomics for 'fans all over the world'

A partnership between the world’s largest digital comics platform and a global multi-platform entertainment company will bring a new lineup of original webcomics and web novels.