News from June 2022
Stewart on being named SVP: 'I'm looking forward to working with this diverse, experienced and knowledgeable team'
By Karla Florez | Jun 22, 2022
NFP recently hired Canada-based executive John Stewart to serve as senior vice president and surety leader, according to a press release. The appointment was confirmed by managing director, Technical Risk Construction Surety Natural Resources, NFP in Canada, Guy Jolicoeur.
UHRP urges robust enforcement of Uyghur Forced Labor Prevention Act
By Press Release | Jun 22, 2022
The Uyghur Human Rights Project (UHRP) urges the US government to effectively implement the Uyghur Forced Labor Prevention Act (UFLPA) as it comes into effect, and governments to pass similar legislation to stop forced labor goods from entering the global market.
Center for Strategic & International Studies panel on electric vehicles: 'The genie is out of the bottle'
By T.H. Lawrence | Jun 21, 2022
Electric vehicles are charging ahead, and the market may have already passed the tipping point or is closing in on it with China out in front, according to a Washington-based think tank.
Unilever shareholder sues over ‘losses and damages’ caused by Ben & Jerry's Israel boycott
By Karla Florez | Jun 21, 2022
Unilever Plc is facing a lawsuit filed by a U.S. shareholder accusing the company of mishandling Ben & Jerry's product sale termination in Israeli-occupied Palestinian territories, Reuters reported.
Hughes: 'We are thrilled to welcome Marwan to TrailRunner International'
By Karla Florez | Jun 21, 2022
TrailRunner International has appointed Dubai-based executive, Marwan Abedin as senior advisor to further leverage the company’s operations in Middle East North Africa.
Lamb: 'Expanding our biotherapeutics pipeline is a key strategic priority'
By Karla Florez | Jun 21, 2022
Exelixis, Inc. has entered an option and license agreement with BioInvent International AB to identify and develop novel antibodies for use in IO therapeutics, according to a press release.
Lam on sriracha shortage: 'It’s been happening since last year and this year is a lot worse'
By Karla Florez | Jun 20, 2022
Huy Fong Foods has confirmed the cause of its product shortage to be severe drought conditions affecting chili pepper fields across the Central Valley of California and in central and eastern New Mexico, Yahoo! News reported.
Reuters report: 'Analysts remain concerned that the country could have ongoing problems delivering oil'
By Karla Florez | Jun 20, 2022
The United States recently rebounded from previous losses after imposing sanctions on Iran. Energy markets now remain concerned about price increases resulting from scarce supply, Reuters reported.
BCG Digital Ventures managing director: 'Africa presents numerous opportunities for digital innovators to use AI and other emerging technologies'
By Karla Florez | Jun 20, 2022
Boston Consulting Group’s business-building division, BCG Digital Ventures (BCGDV), recently opened two new innovation centers in New Delhi, Mumbai and Casablanca to contribute to the development of technology, artificial intelligence (AI) and startup creation, a press release reported.
Downes: 'We’re eager and excited to have a physical presence in the UK'
By Karla Florez | Jun 20, 2022
Vagaro, based in Dublin, California, is celebrating the opening of its new office in Stevenage, England, according to a press release.
Park on Prime Video Channels launching Korean content: 'We are excited to offer Korea’s fresh storytelling'
By Karla Florez | Jun 18, 2022
Prime Video Channels, based in California, has entered a partnership with the three leading Korean broadcasters KBS, MBC and SBS, along with SK Telecom to launch KOCOWA’s premium entertainment programs in the U.S. The debut was made this week, a press release reported.
Jordan: 'PCI will provide a critical function in the supply chain, by directly purchasing lenzilumab for further distribution in the UK'
By Karla Florez | Jun 17, 2022
Humanigen, Inc., based in New Jersey, recently partnered with PCI Pharma Services to offer importation, release and commercialization solutions in the UK for the humanized monoclonal antibody, lenzilumab, according to a press release.
Ashman CEO: 'Our banking license is an important first step in realizing our ambitions to support SME borrowers and personal savers'
By Karla Florez | Jun 17, 2022
Ashman has obtained its UK banking license. The approval grants the banking establishment permission to trade with restrictions imposed by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), a press release reported.
Mookerji: 'Gen Z is shaping the future of consumer trends'
By Karla Florez | Jun 17, 2022
Knit, based in Texas, has raised $3.55 million to improve market insights related to Generation Z and Millennial consumers, according to a press release.
Capillary Technologies vice president: 'We are delighted to be a partner in METRO’s loyalty transformation'
By Karla Florez | Jun 16, 2022
METRO has entered a long-term partnership with B2B SaaS platform Capillary Technologies to develop a multi-country B2B loyalty program in 24 countries across Europe. The landmark deal is the first of its kind to be launched by Capillary in the European market, a press release reported.
BOM director: 'We are very pleased to have supported Re-Teck in their expansion process in Brabant'
By Karla Florez | Jun 16, 2022
Re-Teck, based in Texas, has opened its third facility in Brabant, a press release reported.
General Motors VP on electric vehicles: 'This is a once-in-a-century transformation'
By Andy Nghiem | Jun 16, 2022
Tom Cooney, the vice president for Global Public Policy at General Motors (GM), recently said that the transition to electric vehicles would be the equivalent to the switch from horses and buggies to gasoline-powered cars in that it will completely transform the way people travel.
Bipartisan group of senators, congressmen: Proposed legislation will provide 'a critical tool' to 'safeguard our supply chains from countries of concern, including the People's Republic of China'
By David Hutton | Jun 16, 2022
Congress is poised to approve bipartisan legislation that would lead to foreign investments made by American companies being screened when adversaries of the United States are involved.
WEX managing director on CCS acceptance: 'This is a significant moment for our business'
By Karla Florez | Jun 16, 2022
WEX is celebrating its first acceptance to the UK's Crown Commercial Service.
Beijing municipal government spokesman on COVID-19 lockdowns: 'We should go all out, race against time'
By Andy Nghiem | Jun 16, 2022
China has recently locked down Beijing once again in response to a spike in COVID-19 case rates surrounding social venues in the city only days after allowing the city to open back up again.