News from 2022
Citigroup confirms closure of Russian consumer business operations amid 'senseless loss of life in Ukraine'
By John Kelly | Aug 31, 2022
In an August statement, Citigroup leadership confirmed it will close its Russian consumer business.
Anuva director: 'We are excited to partner with Helix'
By Karla Florez | Aug 31, 2022
Anuva, based in India, recently partnered with American genomics and viral surveillance company Helix to kick off the next stage of growth of its Genomic Bio / Data Bank, according to a press release.
'We are empowering many of the world's largest enterprises': Cohesity makes Forbes Cloud 100 for 4th consecutive year
By John Kelly | Aug 31, 2022
In an Aug.10 statement, Cohesity, an information technology company, revealed they were selected for the 2022 Forbes Cloud 100 for the fourth year in a row.
Cartesian Capital Group Managing Partner: 'We are proud to grow the Popeyes brand in China'
By John Kelly | Aug 31, 2022
In an Aug. 10 news release from Restaurant Brands International, Cartesian Capital Group confirmed the development of the Popeyes brand in the People's Republic of China.
Rising housing costs offset benefits of falling deposit times for first-time buyers
By Globe Banner | Aug 31, 2022
Falling property prices in major cities have shortened the time required to save for a deposit for the first time in two years, according to ANZ's latest data.
Intelsat Commercial Aviation president: 'Our agreement with Nelco opens the possibility for Intelsat to serve India’s domestic airlines'
By Karla Florez | Aug 30, 2022
Intelsat has expanded its inflight connectivity services to Indian territory through its recently established partnership with Nelco. The service became immediately available to partnering airlines and eligible clients, according to a press release.
Nobu ‘achieved our 30th hotel milestone’ in Riviera Maya, Mexico
By Karla Florez | Aug 30, 2022
Nobu Hospitality and RCD Hotels recently teamed up to launch Nobu-branded hotel, restaurant, and residences in Tulum, Mexico. The launch will mark the 30th of its kind worldwide, and the sixth project to be completed by the collaboration.
SMBC Latin America head: 'The closing of this transaction demonstrates the well-coordinated effort among several deal teams'
By Karla Florez | Aug 30, 2022
SMBC and SMBC Nikko Securities America, Inc. recently contributed to a deal involving the closing Aela Generación S.A.’s $710 million green bond issuance.
Confidence in the China market falters amid COVID-19 restrictions, geopolitical tensions
By Press Release | Aug 30, 2022
Optimism about the future business outlook in China has dropped to a record low according to an annual membership survey from the US-China Business Council, an organization representing more than 270 US companies that do business in China.
Rubio urges full compliance in China audit agreement: 'No exceptions'
By Press Release | Aug 30, 2022
The Public Company Accounting Oversight Board (PCAOB) announced an agreement with Chinese regulators to receive full access to the audit papers of companies based in mainland China and Hong Kong that do business in the United States.
MarineMax CEO: 'We are delighted to announce our acquisition of IGY Marinas'
By Karla Florez | Aug 30, 2022
MarineMax, Inc. recently initiated the proceedings to acquire Global Yachting LLC. The acquisition is expected to close during the first half of fiscal 2023, a press release reported.
Australians' financial wellbeing declines amid economic challenges
By Globe Banner | Aug 30, 2022
The financial wellbeing of Australians, as analyzed by the ANZ & Roy Morgan Financial Wellbeing Indicator, has seen a decline in 2022.
IMF statistician: United Kingdom requirement will create 'greater understanding'
By Karen Kidd | Aug 29, 2022
The International Monetary Fund (IMF)'s recent announcement that the United Kingdom now adheres a key transparency and openness requirement will create "greater understanding," a leading IMF statistician said in a news release
AncestryDNA SVP on expansion: 'People in each of these markets will now have access to the full suite'
By Karla Florez | Aug 29, 2022
AncestryDNA was recently introduced to 54 new markets across North America, South America, Europe, Asia and Africa, a press release reported.
Lago: Central American 'trade mission provided unparalleled opportunities for U.S. businesses'
By Karen Kidd | Aug 29, 2022
Under Secretary of Commerce for International Trade Marisa Lago lead a trade mission of 32 U.S. companies during the Central American Business Conference in San José, Costa Rica, Aug. 18-23.
Taulia head on growth in Asia Pacific: 'Asia sits at the heart of the global supply chain'
By Karla Florez | Aug 29, 2022
Taulia, based in San Francisco, recently reported a significant year-over-year growth in the Asia Pacific region, according to a press release.
Eximbay partners with ACI Worldwide to ‘deliver more secure international business expansion for our merchant customers’
By Karla Florez | Aug 28, 2022
South Korean payment service provider Eximbay has selected ACI Worldwide’s ACI Fraud Management for Merchants real-time fraud prevention solution to help secure its payment service capabilities.
Real GDP decreases in second quarter by 1.6%: 'Imports decelerated'
By Andy Nghiem | Aug 28, 2022
The Bureau of Economic Analysis (BEA) recently conducted a "second" estimate showing that the nation's real gross domestic product (GDP) decreased at an annual rate of 0.6% in the second quarter of 2022.
Datacolor partners with Mexico-Based Color Experts to provide ‘integrated solutions for our current industrial clients’
By Karla Florez | Aug 28, 2022
Datacolor has entered a partnership with Mexican agencies, Eurotécnica Textil S.A. de C.V. and Control Técnico y Representaciones S.A. de C.V. (CTR).
Commerce under secretary for international trade 'heartened' by Costa Rica president's 'eagerness' for US collaboration during Central American Business Conference
By Karen Kidd | Aug 28, 2022
Department of Commerce Under Secretary for International Trade, Marisa Lago, came out of an important trade meeting in Costa Rica last week "heartened" by that nation's president.