News from April 2022
Munger: 'We wish that China and the United States got along better'
By Karla Florez | Apr 15, 2022
Daily Journal Corp has reduced its holding of Alibaba Group Holding Ltd., wiping out shares acquired during the fourth quarter of 2021, Reuters reported. Alibaba has been linked to work with the Chinese government and military but has not been banned from U.S. investments.
Analyst: China's 'zero-covid' policy has already caused 'significant disruption to the economy'
By David Beasley | Apr 15, 2022
China has been locking down entire populations in pursuit of its "zero-covid" policy, a move that has raised humanitarian and economic concerns. Major companies are now expecting delays as the lockdowns continue, and a recent report shows that a significant number of the Chinese workforce are currently locked down.
Pitney Bowes SVP on launching in Canadian market: 'The first of several exciting new solutions'
By Karla Florez | Apr 15, 2022
Pitney Bowes has introduced PitneyShipTM Pro to the Canadian market.
Faria on new president: 'Marco’s diverse background and broad leadership experience make him an excellent fit to lead'
By Karla Florez | Apr 15, 2022
Eaton recently named Marco Martini as president of Vehicle Group across Europe, the Middle East and Africa.
Australia, US raise concerns over China broadening 'opportunities to expand its influence'
By Karla Florez | Apr 15, 2022
Australia and the U.S. recently considered statements by the president of the Federated States of Micronesia urging the Solomon Islands to reconsider the Chinese Alliance.
DOS cautions US residents against travel to China due to 'strict lockdowns'
By Karla Florez | Apr 14, 2022
The Department of State issued a travel advisory April 11 advising people against traveling to Shanghai amid ongoing lockdowns. The restrictions, fueled by China’s “no covid policy,” have led to growing concerns about the impact it could have on the global supply chain.
Keller Williams expands to Saudi Arabia, hopes to become ‘most dominant real estate player in the region by 2025'
By Karla Florez | Apr 14, 2022
Keller Williams continues to expand in Asia with the grand opening of a new master franchise in Saudi Arabia.
Kennedy: 'Qumu sees continued momentum with large enterprises deploying our video engagement platform'
By Karla Florez | Apr 13, 2022
Qumu Corporation has officially finalized its expansion efforts for the first financial quarter of 2022, cementing collaborations with customers across the United States, Asia-Pacific and EMEA.
Jurny CEO on The Yanko Group partnership: 'We kicked off 2022 with our strongest quarter to date and with high profile partnerships like this one'
By Karla Florez | Apr 13, 2022
Jurny, Inc. has partnered with a boutique luxury real estate development firm, The Yanko Group, to help establish its new soft brand collection.
Exclusive Networks CSO on new partnership: We are 'focused on meeting customer and partner demand across Europe for the most impactful cybersecurity solutions'
By Karla Florez | Apr 13, 2022
SecurityScorecard has entered a partnership with Exclusive Networks to improve the region’s ability to rate and monitor security risk in the region.
ANZ research shows young Australians face slow COVID financial recovery
By Globe Banner | Apr 13, 2022
Australians under the age of 25 are experiencing a slower recovery from the financial impacts of COVID-19 compared to other age groups, according to recent research by ANZ.
Univar Solutions Inc. vice president: 'We're thrilled that our relationship has expanded into mainland China and Hong Kong'
By Karla Florez | Apr 12, 2022
Univar Solutions Inc. subsidiary, Univar Solutions China Limited has extended its agreement with Dow related to the China-based development of UCON PAG-based synthetic products.
Kelbert on new Mexico location: 'This multi-million dollar investment highlights our long-term commitment to the North American market'
By Karla Florez | Apr 12, 2022
Rivulis has taken a step toward global expansion efforts with the opening of its new location in Tijuana, Mexico.
US Exports to China: A boom for goods, a bust for services
By Press Release | Apr 12, 2022
US goods exports to China last year increased 21 percent to $149 billion.
Vilsack: 'There is no realistic way to convert all CRP acres into cropland in 2022'
By Karla Florez | Apr 12, 2022
The U.S. Department of Agriculture (USDA) has rejected a request submitted in late March by multiple agricultural groups to ease CRP obligations in the hopes of mitigating the coming effects of food shortages projected to impact the world.
Almond Alliance of California president: 'America's reputation as a reliable trade partner is also becoming spoiled'
By Karla Florez | Apr 11, 2022
The president of the Almond Alliance of California, Aubrey Bettencourt, recently criticized the current trade imbalance, which is causing shipping carriers to refuse exports for American goods.
CoStar Group CEO: 'The acquisition of Business Immo adds yet another high-quality asset to our expanding international presence'
By Karla Florez | Apr 11, 2022
CoStar Group, Inc. confirmed its most recent acquisition of the premier commercial real estate news service, Business Immo, based in France.
Google Cloud enters five-year agreement with airasia to expand 'e-commerce' across Asia
By Karla Florez | Apr 10, 2022
Google Cloud has entered a five-year agreement with airasia Super App, based in Southeast Asia to help promote digital growth in the region.
AIT Worldwide Logistics opens office in India to ‘improve service integrity for shippers’
By Karla Florez | Apr 10, 2022
AIT Worldwide Logistics recently opened its newest establishment, based in Mumbai, India.
American Express to allocate donations ‘to support humanitarian aid' in Ukraine
By Karla Florez | Apr 10, 2022
American Express announced April 7 that it will soon allocate funds collected from U.S. consumer, small business and corporate card members who have chosen to donate their membership rewards points to a donation fund to support Ukraine amid the crisis facing the country.