News from August 2022
Indiana University professor: 'Sri Lanka is facing its worst economic collapse in its modern history'
By Lucas Nava | Aug 15, 2022
Despite having one of the fastest-growing economies in Asia during the 2010s, Sri Lanka's financial state has crumbled and the government has defaulted on its debt.
Kochava adds Clue as latest Authorized Agency Partner, celebrates 'great milestone' of one year since program launch
By Karla Florez | Aug 15, 2022
Kochava recently selected data, media and advertising company Clue to be its newest Authorized Agency Partner, a recent Business Wire press release said.
Trane Technologies' Cowan takes over as president of company's Thermo King EMEA operations
By Karla Florez | Aug 15, 2022
Trane Technologies recently promoted Dwayne Cowan to the role of president of its Thermo King EMEA operations and corporate officer of its Enterprise Leadership Team.
Grupo Cancún's Vara: We 'recognized an opportunity to strengthen our international position through working with Wyndham'
By Glenn Minnis | Aug 14, 2022
Wyndham Hotels & Resorts has entered into a franchise agreement with Grupo Cancún that paves the way for the opening of Wyndham Grand Cancún All-Inclusive Resort & Villas.
'I'm not worried': Biden on Chinese reaction to Pelosi's Taiwan visit
By Glenn Minnis | Aug 14, 2022
President Joe Biden said he’s not overly concerned about the prospect of China somehow seeking retribution over House Speaker Nancy Pelosi’s recent visit to Taiwan.
Kroll to assist in Streetteam Software’s restructuring process, intended ‘to get the best outcome for all stakeholders’
By Karla Florez | Aug 14, 2022
Streetteam Software Limited, based in the UK, has entered a collaboration with Kroll to aid with its restructuring process, according to a press release.
Stilla Technologies appoints new EMEA leader 'to accelerate the market adoption of the naica system'
By Karla Florez | Aug 13, 2022
Stilla Technologies has brought in Yvan Sergeant to serve as Vice President/General Manager for its EMEA operations.
Donaghey: Virginia TNS facility 'adds significant value to our global security capabilities'
By Karla Florez | Aug 13, 2022
Transaction Network Services recently opened a new Key Injection Facility in Reston, Va., to enhance its global P2PE Solution offerings.
Wanget's Yoshizawa 'excited to see what the future will hold' in partnership with CloudBlue
By Karla Florez | Aug 13, 2022
CloudBlue has entered a three-year agreement with Wanget Inc. to help boost subscription economy adoption in Japan.
Slocum: 'Acorn International is proud that our team was selected to lead the EIA'
By Karla Florez | Aug 13, 2022
Acorn International, based in Houston and Boston, was recently selected to perform an Environmental Impact Assessment and oversee the public consultation program for the Guyana-based Uaru Project of Esso Exploration and Production Guyana Limited, according to a press release.
Clean Tech, Americas head: 'I look forward to partnering with colleagues across the bank’s network'
By Karla Florez | Aug 12, 2022
Standard Chartered Bank recently appointed Theodore Sheen as head of Clean Tech, Americas, a press release stated.
Naver Z head of business: 'Naver Z’s partnership with Payoneer expands the economic opportunity for our creators'
By Karla Florez | Aug 12, 2022
Naver Z, a Zepeto-owned Asian company, has selected Payoneer to serve as its global payment provider, a press release reported.
AM Best executive VP on new Asia-Pacific lead: 'We are excited to have Rob join our teams in Asia'
By Karla Florez | Aug 12, 2022
AM Best recently appointed Rob Curtis to be the managing director of market development for the Asia-Pacific region. He officially assumed the role on July 1, a press release stated.
Rivera: 'We look forward to working closely with CSN’s customers'
By Karla Florez | Aug 11, 2022
Lineage Logistics, LLC has acquired Cold Storage Nelson Limited, based in New Zealand. The financial terms of the deal were not publicly disclosed, according to a press release.
Lineage Logistics president: 'Welcoming VersaCold into the One Lineage family extends our company’s reach'
By Karla Florez | Aug 11, 2022
Lineage Logistics, LLC has finalized the process to acquire Canadian cold chain provider, VersaCold Logistics Services. The acquisition was initially confirmed in early April of this year, a press release reported.
Lucid Group, Inc. CEO on new leadership: 'Together, they bring decades of global expertise'
By Karla Florez | Aug 11, 2022
Lucid Group, Inc. recently appointed Evelyn Chiang as VP of process transformation, and Walter Ludwig as VP of global logistics to aid the company’s global expansion.
Wu: Ascletis works 'to provide more options for patients with advanced solid tumors'
By Glenn Minnis | Aug 9, 2022
Global platform biotech provider Ascletis recently announced the company is on the verge of being able to offer more options to patients with advanced solid tumors.
ANZ CEO responds to criticism over interest rate adjustments
By Globe Banner | Aug 9, 2022
The Federal Treasurer has criticized the big four banks for quickly passing on interest rate rises to borrowers but not to depositors.
ANZ extends funding program with CEFC for clean energy transition
By Globe Banner | Aug 8, 2022
ANZ has announced the extension of its $200 million funding program in collaboration with the Clean Energy Finance Corporation (CEFC) to assist business customers in transitioning to net zero emissions.
Pelosi emphasizes 'friendship' while meeting with South Korean leaders during trip to Taiwan
By David Hutton | Aug 7, 2022
In the middle of a trip to Taiwan that ruffled the feathers of the Chinese, U.S. House Speaker Nancy Pelosi met in Seoul with a group of South Korean political leaders, but declined to comment publicly on relations between Taipei and Beijing that could ramp up existing bad blood.