News from September 2021
Globenet begins construction of second data center in Barranquilla
By Emily Bevard | Sep 26, 2021
Globenet has begun construction on its second edge data center in Barranquilla, Columbia, hoping to expand its current infrastructure and meet demand for colocation and connectivity services, the company announced in a Sept. 20 release.
Zoom acquisition in holding pattern amid scrutiny of China ties
By David Hutton | Sep 26, 2021
The company’s $14.7 billion deal for Five9 draws scrutiny from Justice Department
JPMorgan Chase & Co. under investigation in Brazil oil bribery case
By Karla Florez | Sep 26, 2021
JPMorgan is the target of an investigation related to an oil bribery probe in Brazil. Officials hope to identify a potential connection to a money laundering scheme dating back to 2011 involving Brazilian oil company Petrobras.
IMF's enhanced general dissemination system implemented by Kuwait
By Press Release | Sep 26, 2021
WASHINGTON – Kuwait has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing essential data through the National Summary Data Page (NSDP).
L.A. Lakers close $100M jersey sponsorship deal with Korean food company
By Trina Thomas | Sep 26, 2021
The L.A. Lakers are adding some Asian fusion to their jersey after the top Korean food company paid a high price to sponsor the team.
Axon's Dhir: 'We are excited to partner with the Puebla Police in implementing a TASER device program'
By Andy Nghiem | Sep 26, 2021
Public safety technology firm Axon is partnering with the Puebla Municipal Police Department to equip officers with its TASER conducted electrical devices.
IMF to host virtual seminar Sept. 29-30 on post-COVID-19 development goals
By David Beasley | Sep 26, 2021
The International Monetary Fund will host a virtual seminar Sept. 29-30 on sustainable development goals in the developing world in the post COVID-19 era.
LER TechForce's Drabick: 'Our program is purposely built to ensure veterans find great careers and are valued'
By Art Benavidez | Sep 26, 2021
An Indiana-based company touted as a global leader in functional safety consulting and implementation recently began a program to help military personnel reintegrate back into civilian life.
Entrust acquires Antelop Solutions to 'to meet the challenge of next-generation payment solutions'
By Andy Nghiem | Sep 26, 2021
Digital security and credential issuance company Entrust has entered into an agreement to acquire Paris-based Antelop Solutions, according to a press release.
N.J. Secretary of State Way: $1.25 million in grants will help companies 'succeed when entering the global marketplace'
By Andy Nghiem | Sep 26, 2021
The New Jersey Department of State’s Business Action Center (NJBAC) has received funding to provide $1.25 million in grant awards to local businesses seeking to expand into global markets.
Wynn Resorts CEO Maddox: Reservations from U.K. go from 'zero to hundreds a day'
By Solange DeLisle | Sep 26, 2021
After nearly two years of travel restrictions due to COVID-19, travelers from the U.K. leapt at the chance to make reservations at Sin City hotels after the White House announced it would lessen restrictions on overseas visitors.
Nike shares drop as pandemic-related inventory woes dampen financial outlook
By Solange DeLisle | Sep 26, 2021
The cost of shares for the Oregon-based the athletic footwear giant Nike dipped after the company lowered its revenue forecast for the 2022 fiscal year because of COVID-related supply chain issues.
CNBC game theory model predicts ‘the Quad’ to strengthen against China
By Tamara Browning | Sep 26, 2021
Business news channel CNBC launched an advanced game theory model predicting the increased strength of Australia, India, Japan and the United States, known as the “Quad,” in light of the Quad Leaders’ Summit held Sept. 24 at the White House.
KIDZ BOP president calls Gulli 'the ideal partner to help us launch KIDZ BOP in France'
By Andy Nghiem | Sep 26, 2021
Kids music brand KIDZ BOP has announced that it is expanding its releases to France and Mexico.
Five-hundred million doses of COVID-19 vaccine to be donated to ‘ensure expedited access for all’
By Emily Bevard | Sep 26, 2021
The U.S. will donate an additional 500 million doses of the COVID-19 vaccine to lower-income countries, following a donation by Pfizer and BioNTech to the U.S. government.
Kennedy Funding’s $2.5 million loan for Peru project gets ‘the deal done’
By Tamara Browning | Sep 26, 2021
A global direct private lender of bridge loans based in Englewood Cliffs, New Jersey, has closed a $2.5 million land loan in Peru to fund construction for a residential project.
Kraft Heinz sees 'valuable opportunity' to grow internationally with Hemmer purchase
By Solange DeLisle | Sep 25, 2021
The Kraft Heinz Company just got even saucier now that it's reached a purchase agreement with Brazil-based condiment and sauce company Companhia Hemmer Industria e Comércio (“Hemmer”).
True's Riggione: 'Expansion to Amsterdam is a natural step forward'
By Andy Nghiem | Sep 25, 2021
Global talent management platform True recently announced that it has opened new offices in Amsterdam, Netherlands.
Exec Reifschneider: 'Inteliquent's international expansion represents a significant step forward'
By Karen Kidd | Sep 25, 2021
Inteliquent, the nation's largest independent voice communications provider, has gone global by extending its reach into the international numbering service.
'We know it's the perfect fit:' Nathan's Famous partners with Tommy's Diner to sell hot dogs in France
By Andy Nghiem | Sep 25, 2021
Nathan's Famous hot dogs recently announced that it has entered into a partnership with Tommy's Diner to begin selling it's world famous hot dogs in France.