News published on Globe Banner in February 2022

News from February 2022


Asia Trade Week set for March 'despite continued tensions' between US, China

The United States-China Chamber of Commerce (USCCC) plans to celebrate Asia Trade Week with in-person and virtual events over four days.


'We must work together': Chinese company honored for fostering US, China engagement

China Telecom (Americas) Corporation garnered the 2021 United States-China Business Leadership Award during the 26th U.S.-China Policy Foundation Annual Gala in December.


Experts analyze Biden's 'reasoned' approach to Asia

Foreign policy experts are discussing President Joe Biden's Asia policy a year into its implementation.


Eco Depot Inc. focused on building 'a better tomorrow' with manufacturing facility in Canada

Eco Depot Inc., a Nevada-based environmental investment company, recently announced that it has launched the Bronya Climate Shield manufacturing facility in Quebec, Canada.


Eastman expands tertiary amines capacity in US, Belgium to meet 'customer demand'

Kingsport, Tennessee-based Eastman, recently announced the completion of its tertiary amine capacity expansion at its manufacturing sites in Ghent, Belgium, and Pace, Florida.


'Frustrated' US companies want Trump-imposed tariffs lifted

Many American companies want tariffs imposed during the Donald Trump presidency lifted to encourage trade between the United States and China.


Despite 'tensions' US-China Trade Conference set for May in Chicago

The 21st annual U.S.-China Trade Conference is scheduled for May 12-13 in Chicago.


ANZ prepares for gradual return of employees amid easing restrictions

Masks are set to come off at midnight on Friday, along with the recommendation to work from home.


GoCardless 'delighted' to boost valuation above $2 billion

London-based financial technology company GoCardless announced Feb. 8 that its valuation is now $2.1 billion.


'Record results': AGCO reports billions in net global sales

AGCO, a company that designs, manufactures, and distributes agricultural solutions, recently reported its net global sales of approximately $3.2 billion for the fourth quarter of 2021.


Concord USA expands 'ability to guide clients' with SwiftWin Solutions acquisition

Concord USA announced Feb. 8 the acquisition of digital consulting firm SwiftWin Solutions.


'Gig behemoths are on notice': Amazon, others ordered to pay $27.20 minimum wage to delivery drivers in Australia

The Australian state of New South Wales has ordered that contractor employees supplying freelance delivery services for Amazon.com be payed a minimum rate by their employer.


Wayflyer gains $150 million in Series B funding, plans to offer 'billions' to e-commerce merchants

Wayflyer on Feb. 1 announced $150 million in funding that will provide eCommerce merchants in the next few years.


Cowells Arrow hopes to 'drive exciting developments' with acquisition of gaming supplier assets

Cowells Arrow Bingo Company, a subsidiary of Arrow International, announced Feb. 7 the acquisition of Automatic Machine Services Limited's assets.


Vizio SmartCast customers can access A&E apps 'commercial free'

Vizio recently announced that millions of SmartCast customers now have access to several A&E Networks apps commercial free.


Air Transport Services Group 'pleased' to expand agreements with DHL

Wilmington, Ohio-based aviation holding company Air Transport Services Group, Inc., announced Feb. 8 it has extended and expanded leasing and operating agreements with DHL Network Operations (USA), Inc.


Fiserv, UnionPay link up for global expansion

Global payment provider, Fiserv, Inc., announced Feb. 7 a collaboration with UnionPay to expand its global presence.


National Committee's event celebrates 50th anniversary of Shanghai Communique signing

The National Committee on U.S.-China Relations (NCUSR) will host an event to celebrate the 50th anniversary of the singing of the Shanghai Communique.


China criticizes US decision to extend solar panel tariffs

China is criticizing the Biden administration's decision to extend tariffs on Chinese solar panels.


US trade deficit with China rises as communist nation fails to meet 'purchase commitment'

The U.S. Census Bureau recently reported that the United States' 2021 goods trade deficit with China rose by $45 billion, or 14.5%, to $355.3 billion, the largest since a 2018 record of $418.2 billion, according to a report by Reuters.