News from August 2022


Haffar: 'This newest facility will create significant local job growth potential'

PCI Pharma Services has officially opened a new Clinical Services Center of Excellence in Bridgewater, Massachusetts, a press release reported. The establishment is the first of its kind in the New England region to target the growing global demands of biologics developers.


Oatly CEO: 'We have enough liquidity to support the global growth and expansion of our business'

Oatly, based in Landskrona, Sweden, confirmed plans to leverage its U.S production following a noted plateau of interest in plant-based milk among European consumers, an SEC filing reveals, according to Food Dive.


EA SPORTS garners more than 300 partners, promotes sport-related features ‘to represent fans globally’

Electronic Arts Inc. has secured several multi-year partnerships and in-game integrations, for its EA SPORTS™ FIFA 23 and EA SPORTS FC launches, according to a press release.


iProov CEO: 'I am delighted to welcome Ajay to iProov'

iProov recently appointed Ajay Amlani as SVP and head of Americas, according to a press release.


August Leadership CEO on new senior advisor: 'We are delighted to welcome him to the team'

August Leadership recently appointed Jimson Cheng as senior advisor for the Asia Pacific region.


Citigroup confirms closure of Russian consumer business operations amid 'senseless loss of life in Ukraine'

In an August statement, Citigroup leadership confirmed it will close its Russian consumer business.


Anuva director: 'We are excited to partner with Helix'

Anuva, based in India, recently partnered with American genomics and viral surveillance company Helix to kick off the next stage of growth of its Genomic Bio / Data Bank, according to a press release.


'We are empowering many of the world's largest enterprises': Cohesity makes Forbes Cloud 100 for 4th consecutive year

In an Aug.10 statement, Cohesity, an information technology company, revealed they were selected for the 2022 Forbes Cloud 100 for the fourth year in a row.


Cartesian Capital Group Managing Partner: 'We are proud to grow the Popeyes brand in China'

In an Aug. 10 news release from Restaurant Brands International, Cartesian Capital Group confirmed the development of the Popeyes brand in the People's Republic of China.


Rising housing costs offset benefits of falling deposit times for first-time buyers

Falling property prices in major cities have shortened the time required to save for a deposit for the first time in two years, according to ANZ's latest data.


Intelsat Commercial Aviation president: 'Our agreement with Nelco opens the possibility for Intelsat to serve India’s domestic airlines'

Intelsat has expanded its inflight connectivity services to Indian territory through its recently established partnership with Nelco. The service became immediately available to partnering airlines and eligible clients, according to a press release.


Nobu ‘achieved our 30th hotel milestone’ in Riviera Maya, Mexico

Nobu Hospitality and RCD Hotels recently teamed up to launch Nobu-branded hotel, restaurant, and residences in Tulum, Mexico. The launch will mark the 30th of its kind worldwide, and the sixth project to be completed by the collaboration.


SMBC Latin America head: 'The closing of this transaction demonstrates the well-coordinated effort among several deal teams'

SMBC and SMBC Nikko Securities America, Inc. recently contributed to a deal involving the closing Aela Generación S.A.’s $710 million green bond issuance.


Confidence in the China market falters amid COVID-19 restrictions, geopolitical tensions

Optimism about the future business outlook in China has dropped to a record low according to an annual membership survey from the US-China Business Council, an organization representing more than 270 US companies that do business in China.


Rubio urges full compliance in China audit agreement: 'No exceptions'

The Public Company Accounting Oversight Board (PCAOB) announced an agreement with Chinese regulators to receive full access to the audit papers of companies based in mainland China and Hong Kong that do business in the United States.


MarineMax CEO: 'We are delighted to announce our acquisition of IGY Marinas'

MarineMax, Inc. recently initiated the proceedings to acquire Global Yachting LLC. The acquisition is expected to close during the first half of fiscal 2023, a press release reported.


Australians' financial wellbeing declines amid economic challenges

The financial wellbeing of Australians, as analyzed by the ANZ & Roy Morgan Financial Wellbeing Indicator, has seen a decline in 2022.


IMF statistician: United Kingdom requirement will create 'greater understanding'

The International Monetary Fund (IMF)'s recent announcement that the United Kingdom now adheres a key transparency and openness requirement will create "greater understanding," a leading IMF statistician said in a news release


AncestryDNA SVP on expansion: 'People in each of these markets will now have access to the full suite'

AncestryDNA was recently introduced to 54 new markets across North America, South America, Europe, Asia and Africa, a press release reported.


Lago: Central American 'trade mission provided unparalleled opportunities for U.S. businesses'

Under Secretary of Commerce for International Trade Marisa Lago lead a trade mission of 32 U.S. companies during the Central American Business Conference in San José, Costa Rica, Aug. 18-23.