News from 2022
CSIS report: 'China's industrial policy spending far surpasses' that of U.S.
By Bob Martin | Jun 3, 2022
The Center for Strategic and International Studies (CSIS) recently released a report saying that the Chinese government spends much more money on industrial policy than the U.S., even when being conservative on estimating Chinese spending.
Matternet CEO: 'We are now ready to take the next step toward our vision of drone delivery networks in Switzerland'
By Karla Florez | Jun 3, 2022
Matternet has extended its drone operations in Switzerland through its partnership with Swiss Post to develop a citywide drone network, according to a press release.
Xylen CEO stresses importance of teamwork in affecting water treatment technology: 'we're creating a powerful, one-stop platform for us to connect with millions
By Caleb Lombardo | Jun 2, 2022
This month, Patrick Decker, CEO and President of Xylem, is stressing the importance of working together and in unison when it comes to affecting the future of water treatment technology.
Financial tech company on latest award: 'We are looking forward to collaborating with financial institutions throughout the Gulf region, Middle East and Asia'
By David Beasley | Jun 2, 2022
ThetaRay, an Israeli-based financial technology company, has won the "AML Solution Provider of the Year Award" by Middle East Banking AI & Analytics, a news release said.
CEO of TC BioPharm: Rise in AML cases creates 'urgent need for the health care industry to invest in the most promising therapeutics'
By David Beasley | Jun 2, 2022
Cases of acute myeloid leukemia (AML) are increasing around the world, according to a new study.
Turo CEO: 'We’re extremely excited to welcome OuiCar to the Turo family'
By Karla Florez | Jun 2, 2022
Turo has recently taken a step forward in its pursuit to expand into new markets through its new partnership with OuiCar, a press release reported.
Interactive Brokers EVP: 'Adding European fractional shares gives investors the opportunity to trade across markets in a more affordable way'
By Karla Florez | Jun 2, 2022
Interactive Brokers has officially launched fractional shares trading for European stocks and ETFs, a press release reported.
Torc Robotics VP: 'Combining Daimler Truck's experience with Torc's expertise will help accelerate bringing our product to market'
By Karla Florez | Jun 1, 2022
Daimler Truck subsidiary, Torc Robotics, based in Virginia, confirmed plans to open a technology and software development center in Stuttgart, Germany, according to a press release.
Hess on new discoveries: 'These new discoveries further demonstrate the extraordinary resource density of the Stabroek Block'
By Karla Florez | Jun 1, 2022
Hess Corporation recently confirmed that its gross sum of its recoverable resource estimate for Stabroek Block offshore Guyana has increased to nearly 11 billion barrels of oil equivalents following three new discoveries on the block, a press release reported.
Sacal: 'We look forward to showcasing the incomparable offerings of Mexico's vibrant capital'
By Karla Florez | Jun 1, 2022
Ennismore will soon open its most recent Mondrian development, Mondrian Mexico City Condesa to strengthen the brand’s footprint in the region, according to a press release.
'I'm thrilled to have Troy join the team': Procurement Partners appoints new chief marketing officer
By Andy Nghiem | May 31, 2022
Health care technology company Procurement Partners recently announced that it has appointed Troy Thibodeau, MBA, as its new chief marketing officer.
Subramaniam on being named Degreed regional vice president of APAC: 'I am particularly delighted to be joining the team at this critical time'
By Karla Florez | May 31, 2022
Degreed recently appointed Venkat Subramaniam as regional vice president of APAC amid its pursuit of growth in the region, according to a press release.
Airspace CEO, co-founder: 'We're thrilled to announce this new round of funding'
By David Beasley | May 31, 2022
Airspace, a California-based logistics company, closed on a $70 million round of investment funding, according to a news release.
Kount SVP on expansion: With rapid e-commerce growth, 'businesses need the tools, data and know-how to detect and prevent fraud'
By Karla Florez | May 31, 2022
Equifax company Kount has confirmed plans to expand its operations in the UK and strengthen its fraud prevention solution offerings in Australia, Argentina, Chile and Peru, a press release reported.
'We are very excited to transition this fully-integrated API Pharmaceutical site': International Process Plants subsidiary purchases UK plant site
By Andy Nghiem | May 31, 2022
Humber Industrials Ltd., a subsidiary of International Process Plants (IPP), has reached a purchase agreement with Novartis UK to purchase its plant site and all its assets in Grimsby, UK.
Shanghai vice mayor on lifting COVID-19 lockdown: 'The epidemic has been effectively controlled'
By David Beasley | May 31, 2022
Officials in Shanghai are taking "major steps" toward lifting the COVID-19 lockdown that has kept residents in their homes for two months, Shanghai Vice Mayor Zong Ming said at a press briefing Tuesday (May 31), the Associated Press reported.
Bahamas approves Grand Lucayan Resort purchase offer: 'Only the beginning of the revival that we are witnessing in Grand Bahama Island'
By Timothy Stuckey | May 31, 2022
The Bahamas Ministry of Tourism, Investments, and Aviation (BMOTIA) has publicly approved Electra America Hospitality Group's purchase offer for the beachside resort Grand Lucayan,
Sadler named Energy Vault Holdings, Inc. vice president of sales: 'I look forward to further expanding deployment opportunities'
By Karla Florez | May 31, 2022
Energy Vault Holdings, Inc., based in California, recently hired Lucas Sadler as vice president of sales and business development, Asia & Pacific (APAC) to expand its footprint and better fulfill energy storage demand in the region, according to a press release.
'It is an honor and privilege to continue building in the Beauharnois community': Harden breaks ground on second Beauharnois development project
By Andy Nghiem | May 31, 2022
Real estate company Harden recently broke ground on their latest commercial real estate project in Beauharnois, Quebec.
CB&I SVP: 'CB&I is honored to join KOGAS in setting the pace for the rapid development of a large-scale hydrogen economy for South Korea'
By Karla Florez | May 30, 2022
McDermott's storage business, CB&I has signed a memorandum of understanding through its partnership with Korea Gas Corporation (KOGAS) to further develop the hydrogen economy in South Korea, a press release reported.