News from 2021
Holiday toy shortage possible due to 'historic strains on capacity'
By Emily Bevard | Sep 19, 2021
While the holiday season is still months away, retailers and infrastructure experts are already preparing for a possible shortage of Christmas toys this year, according to a recent Newsweek report.
Axalta begins construction on new Jilian City plant in China
By Karla Florez | Sep 19, 2021
Axalta initiated a new construction project in Jilin City, North China. The new plant is scheduled to open in 2023.
'We are excited': Infinty BiologiX acquires Roylance Pharma
By Valerie Bonk | Sep 19, 2021
Biobanking, bioprocessing and analytics leader IBX has acquired UK-based biospecimen storage specialists Roylance Pharma, according to a press release.
Allison Transmission partners with AVTEC Ltd. to advance 'opportunities' in India
By Karla Florez | Sep 19, 2021
Allison Transmission acquired AVTEC Ltd.’s off-highway business transmission portfolio in a recent deal, as well as its component machining business, Madras Export Processing Zone. The transaction will be complete by the end of the year.
Welcome our new ICC YAF Representatives for South Asia
By ICC DRS SOUTH ASIA | Sep 19, 2021
The ICC Young Arbitrators Forum has named 89 new regional representatives for its 2021-2023 mandate, including appointments in 16 previously unrepresented countries and a newly established chapter for Africa.
'We have an enormous opportunity:' Google Cloud CEO reorganizes engineering unit
By Valerie Bonk | Sep 19, 2021
Google is making some changes to become more efficient and grow the company's business.
South Korea fines Google $177 million for anticompetitive practices
By Andy Nghiem | Sep 19, 2021
The government of South Korea has fined Google's parent company Alphabet $177 million for anticompetitive practices.
Barchart expands ‘commodity datasets’ with SovEcon partnership
By Karla Florez | Sep 19, 2021
Barchart recently secured a partnership with SovEcon to strengthen its data offerings.
Amazon to hold 'Holiday Beauty' sale in October
By Valerie Bonk | Sep 19, 2021
An upcoming sale at Amazon will feature various beauty products for sale online ahead of the upcoming holiday season.
Redfin: Pending sales show 'smallest' increase in 15 months
By Valerie Bonk | Sep 19, 2021
Redfin is reporting the smallest year-over-year increase for pending sales since June of 2020, according to a press release.
Amazon to hire up to 125,000, increase pay in 'tight labor market'
By Glenn Minnis | Sep 19, 2021
Set to launch at least 100 logistics facilities in the coming days, Amazon Inc. has announced plans to raise average starting wages to $18 per hour.In all, Reuters reports the world’s largest retailer plans to hire upwards of 125,000 warehouse and transportation workers across the country.
Brown Advisory 'excited' to expand fixed income ESG research team
By Andy Nghiem | Sep 18, 2021
Global investment management firm Brown Advisory recently appointed Anna Rudgard as a fixed income environmental, social and governance analyst on its new Global Sustainable Fixed Income team.
Scoular launches new brand to represent 'customized solutions, consistent quality and reliability'
By Andy Nghiem | Sep 18, 2021
Global fishmeal and fish oil marketing company Scoular is launching a new brand, Encompass, for its growing business, according to a press release.
Security experts warn: Breaking up tech companies could hurt technological innovation and give China a military and intelligence advantage
By Andy Nghiem | Sep 18, 2021
Former national top security officials have warned that the U.S. breakup of big tech companies could open the door to a takeover by China.
KORE reaches a 'significant milestone' by joining the FTSE Index
By Alexus Barnhart | Sep 18, 2021
Pacific Oak Advisers recently announced their latest development within the investment company by being included in a global index.
Religion of Sports expands global footprint with partnership in 'largely untapped' Brazil
By Karla Florez | Sep 18, 2021
Religion of Sports will soon launch Religion of Sports Brazil, partnering with Adventures, the first brandtech in Latin America.
Spire hopes to strengthen ‘space-based maritime data and the digitalization of the global maritime industry’ with exactEarth acquisition
By Karla Florez | Sep 18, 2021
Spire Global, Inc., a leading provider of space-based data, analytics and space services, recently acquired Canadian-based enhanced Maritime AIS data company exactEarth to improve its services used to make decisions for vessel monitoring and analytics.
Sharmini Coorey to retire as director of Institute for Capacity Development
By Glenn Minnis | Sep 18, 2021
After more than three decades of working with the International Monetary Fund (IMF), Sharmini Coorey has tendered her resignation as Director of the Institute for Capacity Development (ICD), effective as of Oct.29.
Parallel Wireless expanding radio access network to offer 'cost-effective' broadband
By Valerie Bonk | Sep 18, 2021
U.S.-based Parallel Wireless, Inc., is expanding its footprint across the globe with open RAN research and development centers in the U.S., U.K., Israel and India, according to a press release from the company.
Locus Robotics gets $50 million in funding to 'accelerate global expansion'
By Valerie Bonk | Sep 18, 2021
A leading robotics company is getting funding to expand its reach globally.