News from October 2022


Zwiesel Glas CEO on Fortessa agreement: 'We share a strong vision for our future'

Zwiesel Glas recently signed a merger agreement with Fortessa Tableware Solutions to make significant advances in the tableware industry, according to a press release.


XtremeMac Sarl CEO on new partnership: 'We are positive that Verbatim will do proper justice to the XtremeMac brand'

Verbatim has entered a partnership with XtremeMac Sarl to distribute XtremeMac products across North and South America, according to a press release.


Wolff: Chinese firms now outnumber American ones in the Fortune Global 500

Chinese companies have surpassed American ones in terms of wealth, as witnessed by the Fortune Global 500 where China has more firms on the list than the U.S. does.


Lumentum SVP: 'I am very excited about the manufacturing and advanced R&D expansion in Slovenia'

Lumentum Holdings Inc. recently expanded its manufacturing and advanced R&D operations in Škoflijica, Slovenia to ensure the production of optical fibers used for various Lumentum products, according to a press release.


Yazdanpanah: 'We are thrilled to expand our partnership with Majid Al Futtaim'

i2c Inc. recently teamed up with Majid Al Futtaim to launch the new payment solution, Sharepay, across the Middle East, Africa and Asia regions.


Mei-hua discusses Taiwan-U.S. relationship: 'Even more robust'

"Why Taiwan Matters — From an Economic Perspective" is the Center for Strategic & International Studies' (CSIS) latest live event featuring Wang Mei-hua, minister of economic affairs for Taiwan.


SIRVA BGRS president on Allied Moving Services expansion: 'We’re proud to bring a new office into our fold'

SIRVA BGRS Worldwide, Inc. company, Allied Moving Services recently expanded its global footprint with the opening of its new Saudi Arabian branch, a press release reported.


TricorBraun president on new acquisition: 'We are pleased to partner with the outstanding Gläser & Flaschen team'

TricorBraun recently secured a deal to acquire German glass packaging distributor Gläser & Flaschen GmbH, according to a press release.


Ziebart president: 'We continue to see heightened demand for vehicle protection services'

Ziebart International recently confirmed plans to expand in seven new countries: The Netherlands, Azerbaijan, Iraq, Kuwait, Ivory Coast, Nigeria and Greece, according to a press release.


Navisite managing director on scholarship program: 'Navisite is committed to hiring, promoting and championing female technologists'

Navisite recently introduced its Next Steminist Scholarship program in India, according to a press release.


FTX CEO on Visa partnership: 'We're excited to partner with one of the world's largest payment networks'

West Realm Shires Services Inc. and FTX Trading Limited recently increased the terms of its long-term global partnership, a press release reported.


MonetaGo's new CEO: 'I look forward to collectively building on the work done so far'

MonetaGo recently promoted co-founder and CEO Jesse Chenard to the role of executive chairman, and President Neil Shonhard as CEO. The role will be made effective immediately, according to a press release.


Mirakl's new executive VP: 'I look forward to working with the Mirakl Connect team'

Mirakl recently welcomed Jean-Gabriel de Mourgues as executive vice president of Mirakl Connect and growth solutions, a press release reported.


Opus CEO on new office: 'This new facility reinforces our presence in the region'

Opus has opened a new office in Hyderabad, India, a press release reported.


Swimlane SVP on new VP: 'I’m excited to have him lead Swimlane’s expansion'

Swimlane recently appointed Ashraf Sheet as vice president of the Middle East, Turkey and Africa regions, according to a press release.


WTO predicts world trade will slow in 2023: ‘policymakers are confronted with unenviable choices’

According to a new report by the World Trade Organization (WTO), world trade is expected to lose momentum in the second half of 2022 and remain slow in 2023.


GE Renewable Energy spokesperson on layoffs: 'These are difficult decisions'

General Electric confirmed plans to lay off 20% of its U.S. onshore wind workforce. The move will affect hundreds of jobs, CNBC reported.


Starbucks interim CEO: 'We are building on our 51-year history of market leading innovation'

Starbucks recently revealed its figures of long-term growth, and its strategy to further expand globally and reinvent the brand during its biennial Investor Day in Seattle, which welcomed more than 150 investors, a press release reported.


GlobalLogic VP: 'We are experiencing a new phase of business evolution'

GlobalLogic Inc., based in California, recently opened two new engineering and sales centers in Mexico, according to a press release.


WTO, WCO release publication on technologies that can ‘enable new and innovative business models that can contribute to making trade more efficient and inclusive’

The World Trade Organization and the World Customs Organization recently released a joint publication called “Study Report on Disruptive Technologies” that looks at how new technologies can assist cross-border trade.