News from October 2021
Oracle to offer cloud services in 14 countries
By David Beasley | Oct 16, 2021
U.S.-based Oracle is expanding its cloud services to 14 countries on five continents, the company said in a news release.
‘Content is Queen’: Sherrese Clarke Soares launches HarborView Equity Partners investment firm
By Emily Bevard | Oct 16, 2021
Sherrese Clarke Soares had launched the HarborView Equity Partners investment firm, seeking to expand global investment opportunities in media and entertainment.
Ford suspends production at Hermosillo plant in Mexico
By Emily Bevard | Oct 15, 2021
Ford suspended production at the Hermosillo plant in Mexico Friday, as a shortage of material led to issues in the supply chain.
'Net Zero' Alliance pledges questioned after big banks' ties to oil and gas company surface
By Emily Bevard | Oct 15, 2021
Now that JP Morgan Chase, America's largest bank, has signed a pledge to join the United Nations' “Net Zero" environmental pledge alongside several other giant banks across the globe, records have surfaced that indicate several of the banks recently purchased millions of dollars' worth of bonds from an oil and gas company with a record of past EPA violations.
U.S. based Parse Biosciences 'elated' with Australia, New Zealand expansion
By David Beasley | Oct 15, 2021
Seattle-based Parse Biosciences is partnering with Decode Science to provide Parse’s single-cell RNA-sequencing solution in Australia and New Zealand, a news release said.
Eversana named top place to work for third year in a row
By Steven Hughes | Oct 15, 2021
Eversana, a leading provider of global services to the life sciences industry, was named a 'Great Place to Work', by the global authority of workplace culture, for the third year in a row in the United States and the first time internationally.
UTime Limited signs deal with People’s Government of Jiangnan in China to build Nanning production line
By Emily Bevard | Oct 15, 2021
UTime Limited secured a deal with the People's Government of Jiangnan District in China and United Time Technology Co. to establish a production line of smart telecom devices.
Celanese announces surcharge on POM products following ‘unprecedented instability’ in energy markets
By Emily Bevard | Oct 15, 2021
Celanese Corporation has released a worldwide surcharge for partners Amcel, Celcon and Hostaform alongside other polyacetal (POM) products amidst a recent surge in global energy prices.
IMF Executive Board concludes 2021 Article IV Consultation with India
By Ting Yan | Oct 15, 2021
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with India.
Supporting food security in Sub-Saharan Africa amid the COVID-19 pandemic and climate change
By Press Release | Oct 15, 2021
Sub-Saharan Africa is highly vulnerable to climate change, with a marked increase in the frequency and intensity of natural disasters threatening food security in the region due to the heavy reliance on rain-fed agriculture, and weak infrastructure and institutions.
Huaxing Growth Capital 'grateful' to complete close of USD Fund IV
By Emily Bevard | Oct 15, 2021
China Renaissance's Huaxing Growth Capital completed the first close of its USD Fund IV, according to a release Oct. 7.
Accion Labs recognized with 2021 Stratus Award for cloud computing
By Emily Bevard | Oct 15, 2021
Accion Labs was awarded a 2021 Stratus Award for cloud computing during the Business Intelligence Group’s annual business award program.
Tolmar 'excited' to resume Canadian distribution of ELIGARD®
By Benjamin Kibbey | Oct 15, 2021
Tolmar Pharmaceuticals will take over distribution of the prostate cancer treatment ELIGARD® (leuprolide acetate for injectable suspension) in Canada Jan. 1.
Over 130 countries agree to improve 'international tax arrangements'
By Andy Nghiem | Oct 15, 2021
More than 130 countries have agreed to a new global tax deal that could be complete before the end of the month.
Cohesive Companies continues growth with OxPlus acquisition
By Benjamin Kibbey | Oct 14, 2021
Building on their efforts to define a leading role serving infrastructure clients, the Cohesive Companies recently acquired OxPlus, a Netherlands-based rail asset management company that is a leader in the industry.
Impossible Foods offers meatless pork in US, Hong Kong and Singapore is next
By Caleb Lombardo | Oct 14, 2021
In yet another strong move by meat-alternative giant Impossible Foods, the company rolled out their new plant-based pork in multiple countries in September and October.
Koning partners with Chesa Industries to bring breast CT units to Southeast Asia
By Emily Bevard | Oct 14, 2021
Koning Corporation has initiated a partnership with Chesa Industries LTD to expand its breast computed tomography offerings into clinics across Southeast Asia.
Global video processing platform industry projected to grow 16.5% by 2026
By Andy Nghiem | Oct 14, 2021
A study by Research and Markets shows that the global video processing platform industry is projected to rise to the compound annual growth rate (CAGR) of 16.5% to reach $11.4 billion by 2026, according to a press release.
McLaren Strategic Ventures secures partnership with Redington Value
By John Kelly | Oct 14, 2021
McLaren Strategic Ventures has secured a partnership with Redington Value to help small-to-medium sized businesses in the Middle East, North Africa and Turkey in their transition to the digital economy.
GLS acquires Canadian freight carrier Rosenau Transport to expand reach in Canada
By Emily Bevard | Oct 14, 2021
General Logistics Systems (GLS) has acquired Canadian logistics company Mid-Nite Sun Transportation Ltd. to expand its reach in Canada.