News from September 2021
Netflix purchases rights to Roald Dahl's works to 'bring some of the world's most loved stories to current and future fans'
By Andy Nghiem | Sep 25, 2021
Netflix has reached a deal to purchase the estate of children's book author Roald Dahl, opening the door to new ventures based on these classic tales, BBC News reported.
Simply Healthcare's Prince says new web site 'will serve as a trusted source of information on mental health' for kids, families
By Zachary Richter | Sep 25, 2021
Simply Healthcare has partnered with the Florida Chapter of the American Academy of Pediatrics to launch SimplyHealthyMinds.com, an online toolkit with various resources to support children's mental health.
Shell's Sawan says $9.5B deal to sell Permian operations to ConocoPhillips 'provides excellent value to our shareholders'
By Alexus Barnhart | Sep 25, 2021
Shell has announced a deal to transfer its Permian operations to ConocoPhillips for $9.5 billion.
Peloton is merging with Precor to boost business beyond the home
By Zachary Richter | Sep 25, 2021
After flexing its muscles largely inside the home, fitness giant Peloton is looking to grow commercial sales with its purchase of Precor, a hospitality industry fitness provider, CNBC reported.
Zilingo CEO Bose on COVID shutdowns: 'It’s really bad timing for Vietnam'
By Emily Bevard | Sep 25, 2021
With the holiday season fast approaching, companies are rushing to move manufacturing out of Vietnam, as rising COVID-19 infections have led to a shutdowns.
GM exec Blissett: $300M investment in Chinese startup will 'accelerate our deployment of next-generation solutions'
By Christina Heath | Sep 25, 2021
General Motors Co. (GM) is investing $300 million in Chinese autonomous driving startup Momenta to develop self-driving technologies in China's future models.
European Union legislation proposes mandating USB-C chargers for all devices to 'increase convenience and reduce waste'
By Christina Heath | Sep 25, 2021
The European Union (EU) has put forth legislation that could mandate all smartphone manufacturers and electronics makers to equip devices with a standard USB-C charging port.
Semiconductor chip shortage could cost auto industry $210 billion: 'There's no room for error.'
By Christina Heath | Sep 25, 2021
The global automotive industry is looking at a $210 billion loss in revenue for the year due to a semiconductor chip shortage that's not likely to end soon.
Former Yankee Matsui helps Wearsafe launch mobile safety app in Japan
By David Beasley | Sep 24, 2021
Wearsafe Labs, a U.S. company that sells a mobile safety app that alerts families during emergencies, is expanding to Japan.
Acquisition helps PT tech specialist Hinge Health 'take a giant leap forward'
By David Beasley | Sep 24, 2021
Hinge Health, a San Francisco technology company specializing in physical therapy, has acquired wrnch, developer of a platform for measuring human motion, a news release said.
IMF board finishes consultation with Brazil on Article IV
By Press Release | Sep 24, 2021
WASHINGTON – On Sept. 10, 2021, the executive board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Brazil.
pSemi expands APAC footprint with new Taiwan branch office
By Christina Heath | Sep 23, 2021
"pSemi's RF business has grown tremendously driven by the rapid adoption of 5G and our ability to connect the dots between circuit, system and device," Sumit Tomar, CEO at pSemi, said in a press release.
GlobalVetLink introduces 'Pet TravelPass' to make international pet travel easier
By Valerie Bonk | Sep 23, 2021
Changes to a software platform will help veterinarians prepare the compliance certificates required for international travel.
KnowWake completes UK development after points were ‘added by users in the region’
By Karla Florez | Sep 23, 2021
KnowWake celebrates the completion of its most recent development in the United Kingdom, solidifying yet another step towards its expansion in Europe.
Gracie Point closes $75 million in equity to continue global growth – 'The potential is significant'
By Christina Heath | Sep 23, 2021
Gracie Point Holdings, LLC recently closed a $75 million issuance of preferred equity from lead investors affiliated with Hudson Structured Capital Management (HSCM) Bermuda Ltd. and affiliates of Kuvare Holdings, Gracie Point announced in a press release.
'This order from CAMtria further strengthens our presence in Canada': Vuzix looks to expand Canadian operations
By Andy Nghiem | Sep 23, 2021
Top smart glasses and augmented reality firm Vuzix recently received an order from wholesale solutions distributor CAMtria and is planning to expand operations across Canada.
Creatio forms partnership down under, sees 'huge potential in the Australian market'
By David Beasley | Sep 23, 2021
Boston-based Creatio, a global software company, has formed an alliance with LowCodeLabs of Australia, according to a news release.
International groups push manufacturers, governments for more equitable distribution of COVID vaccines
By Art Benavidez | Sep 23, 2021
The heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization recently held a meeting with CEOs of the leading COVID-19 vaccine-manufacturing companies to collaborate on achieving enhanced global access to the vaccines.
IMF finishes third review of credit facility for The Gambia
By Press Release | Sep 23, 2021
A team from the International Monetary Fund (IMF), led by Mr. Ivohasina Fizara Razafimahefa, mission chief for The Gambia, held a virtual mission with the Gambian authorities during Sept. 9-22, 2021 to conduct the 2021 Article IV consultation and discuss the third review of The Gambia’s economic program supported by the IMF’s Extended Credit Facility.
ANZ CEO discusses shareholder engagement at inquiry into ownership concentration
By Globe Banner | Sep 23, 2021
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