News from July 2022
Yum Brands advances talks to sell Russia-based KFC restaurants: 'We remain focused on the safety of our people'
By Karla Florez | Jul 6, 2022
Yum Brands Inc.’s effort to sell its KFC restaurants and franchise rights in Russia to a local buyer remains in the works as the company works to exit fully from Russia.
Natreve recalls select limited U.S. batches: 'A whey-derived flavoring ingredient was inadvertently used in the blend'
By Karla Florez | Jul 6, 2022
Natreve, based in Canada, has recalled several batches of its Vegan Protein Powder French Vanilla Wafer Sundae flavor after finding trace amounts of undeclared milk following an external manufacturing production error, a press release reported.
Santos: 'We are excited to establish a cloud region in Mexico'
By Karla Florez | Jul 5, 2022
One of Oracle’s most recent launches secured the hyperscaler as the first of its kind to open a cloud region in Mexico, according to a press release. The establishment will serve as the first major cloud provider to establish a dedicated cloud region in the country.
Cigna completes transaction with Chubb to 'further focus our efforts to grow our global health portfolio'
By Karla Florez | Jul 5, 2022
Cigna Corporation confirmed the completion of $5.4 billion transaction with Chubb to grant access to its life, accident and supplemental benefits businesses in six markets across Asia Pacific, according to Cision PR Newswire.
Reltio appoints new senior vice president to ‘accelerate expansion in the region, serve global customer base and recruit key talent’
By Karla Florez | Jul 3, 2022
Reltio, a software company based in Redwood City, California, recently hired Vincent Harmsen as senior vice president and head of Europe, according to Businesswire.
PropTech’s Dealpath opens new office in Toronto to ‘deepen roots within the Canadian community’
By Karla Florez | Jul 3, 2022
PropTech’s Dealpath has cemented its global expansion plans with a new office in Toronto, according to Businesswire.
Reckitt’s Mead Johnson to deliver large infant formula shipment to the U.S. to help end the ongoing shortage
By Karla Florez | Jul 3, 2022
Reckitt, a British consumer goods company headquartered in Slough, England, has committed to providing the largest-ever delivery of infant formula to the U.S., according to Cision PR Newswire.
The Underground Donut Tour introduces 'the doughnuts, the history, the stories' to a new market in Dublin, Ireland
By Karla Florez | Jul 3, 2022
The Underground Donut Tour, based in the U.S., recently launched its first tour in Ireland, according to Cision PR Newswire.
LCR Capital Partners hires Dubai-based executive to help ‘assist clients as they explore global opportunities’
By Karla Florez | Jul 2, 2022
LCR Capital Partners, based in Connecticut, recently appointed Dubai-based executive Bassel Sweid to a director of corporate development role, according to Cision PR Newswire.
Russell: 'This latest fund allows our U.S. team to build on the success and momentum the MMV fund family has realized'
By Karla Florez | Jul 1, 2022
MassMutual Ventures (MMV) recently launched a new fund to further invest in the financial, technological, cybersecurity, enterprise SAAS and digital health growth of startup companies, a press release reported.
Lueth: 'We’re thrilled to welcome FC Porto as the first European football club to join the Upland metaverse'
By Karla Florez | Jul 1, 2022
Upland and Portugal’s 2022 Primeira Liga Champions, FC Porto have agreed upon a strategic deal to launch European football in Upland, according to a press release.
Bentley: 'We are pleased to welcome the Fluid-Press team to DexKo'
By Karla Florez | Jul 1, 2022
DexKo Global Inc. has secured a definitive agreement to acquire Fluid-Press Group. The financial terms of the deal were not disclosed, a press release reported.