News from 2022
Shanghai expert COVID-19 team member on lockdowns: 'Containing the large-scale outbreak in our city is very important'
By Karla Florez | Apr 5, 2022
Mixed reports about Chinese port operations are now pouring in, fueling concerns about the impact strict Shanghai lockdowns, made in an effort to decelerate the sudden influx of COVID-19 cases, could have on the global supply chain.
Pattern CEO on new India office: 'We’re excited to watch the growth of this office and are eager to welcome a new cohort of data fanatics'
By Karla Florez | Apr 5, 2022
Pattern has opened a new office in Pune, India to strengthen its global operations.
DOC to Investigate solar imports following request for ‘country-wide circumvention inquiries’, may implicate Uyghur labor
By Karla Florez | Apr 5, 2022
The Department of Commerce (DOC) launched an investigation involving solar panel imports sourced from East Asian countries amid suspicion that the supply originated from China. The potential findings could indicate forced labor in Xinjiang.
ANZ CEO discusses Queensland economy and banking challenges
By Globe Banner | Apr 5, 2022
Peter Fegan, a host at 4BC Brisbane, recently engaged in a discussion with Shayne Elliott, the Chief Executive Officer of ANZ Bank.
IMG co-president: 'We are proud to add the Mutua Madrid Open and Acciona Open de España to our portfolio'
By Karla Florez | Apr 4, 2022
Endeavor company, IMG has acquired the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament from Super Slam Ltd and its affiliates.
Choo: 'The partnership with ACI will help ALTO navigate a complex and changing payments landscape'
By Karla Florez | Apr 4, 2022
ACI Worldwide, based in Miami, Florida, recently contributed to Indonesian interbank ALTO’s most recent transition to digital card-based transactions and fraud prevention efforts.
KKR & Co. Inc. subsidiary acquires shares of Mitsubishi Corp. to 'optimize and strengthen its business portfolio’
By Karla Florez | Apr 4, 2022
A subsidiary of KKR & Co. Inc has acquired all outstanding shares of Mitsubishi Corp.-UBS Realty Inc. from Mitsubishi and UBS Asset Management.
ANZ CEO discusses regional economy and housing market trends in Townsville
By Globe Banner | Apr 4, 2022
ANZ CEO Shayne Elliott recently visited Townsville, Queensland, to engage with the local community and discuss economic trends.
Gambling.com, iGaming announce partnership in Ontario ‘marking the first licensed sports betting and online casino market in Canada’
By Karla Florez | Apr 3, 2022
Gambling.com Group Limited has entered a collaboration with online sports betting and iGaming operators in Ontario, Canada.
ESS expands to Europe, hopes to ‘combat the devastating effects of climate change’
By Karla Florez | Apr 2, 2022
ESS Tech, Inc. has expanded its operations into Europe in response to a growing demand for long-duration energy storage solutions in the region.
Asia Society plans virtual event to ‘assess China’s role in financial markets’
By Karla Florez | Apr 1, 2022
Asia Society’s division in Northern California will host a virtual roundtable meeting to discuss projections for the future in financial hubs in Asia and economic shifts.
Asia Society on U.S.-China relations: 'Geopolitical disaster is still avoidable'
By Karla Florez | Apr 1, 2022
The Asia Society hosted a physical discussion titled “The Dangers of a Catastrophic Conflict Between the U.S. and Xi Jinping’s China,” featuring ASPI President and The Avoidable War author, Kevin Rudd.
ANZ launches joint venture with Worldline for payment solutions
By Globe Banner | Apr 1, 2022
ANZ has announced the launch of ANZ Worldline Payment Solutions, a joint venture with European payments provider Worldline.
Economists: COVID lockdowns may cause 'disruptions to China’s economy'
By Karla Florez | Mar 31, 2022
As Shanghai further enforces lockdowns in an attempt to slow down the latest COVID-19 outbreak, economists are raising concerns about a major disruption for China's economy.
Chinese banks raise concerns about the future economy, citing 'shrinking demand, disrupted supply and weakening expectations'
By Karla Florez | Mar 31, 2022
Five China-based banks have raised concerns about the future state of the Chinese economy, amid an agitated geopolitical sector and supply chain issues related to pandemic restrictions.
INPEX, ANZ, Qantas partner for carbon farming and biofuels project in Western Australia
By Globe Banner | Mar 31, 2022
INPEX, ANZ, and Qantas have entered into a memorandum of understanding (MoU) to evaluate a project combining carbon farming and renewable biofuels in Western Australia's Wheatbelt region.
China implements Dual Circulation Strategy amid findings that ‘further integration into the global economy is not the reliable engine of growth that it once was’
By Karla Florez | Mar 30, 2022
Withholding one of the world’s most powerful markets, China continues its effort to develop more self-reliance on its economy by implementing a dual circulation strategy (DCS) in hopes of better insulating itself from the general global economic status, according to a recent China Power report. The plan, however, has also been deemed a contradiction as the country continues seeking investment opportunities in other markets, and relying on others to fulfill local demands.
Delays produced by COVID-19 related Chinese shutdowns pose ‘risk to the global economy’
By Karla Florez | Mar 30, 2022
Shanghai reinstated strict lockdowns across the city in response to the recent rise in Omicron variant cases, The Wall Street Journal reports.
IAA, Inc. CEO on marketplace alliances in El Salvador: 'We look forward to helping meet the needs of the growing buyer base in this strategic market'
By Karla Florez | Mar 29, 2022
IAA, Inc. has expanded its network of marketplace alliances in El Salvador through its newfound partnership with Trans-Auto SAde CV.
Popovic on new office, partnership: 'We’re ready to embark on large-scale outsourcing projects'
By Karla Florez | Mar 29, 2022
DataArt has expanded into Serbia with a new office and partnership with Belgrade-based international software development company, Software Nation.