News from July 2023
GlobalLogic CEO: 'Our deep roots in communications technology are a perfect complement to Sidero's expertise and competencies'
By Globe Banner Report | Jul 31, 2023
Hitachi Group Company GlobalLogic, based in Silicon Valley, California, recently entered a definitive agreement to acquire Ireland-based engineering services and cloud-native software development company, Sidero Ltd, according to a press release. Expected to close later this year, the terms of the deal were not disclosed.
Vogelpoel: 'We are excited to expand our footprint in the US and Canada with BHN'
By Globe Banner Report | Jul 30, 2023
Blackhawk Network, based in California, has expanded its relationship with European branded payments company Recharge.com to distribute gift cards digitally through the global branded payments provider in the US and Canada.
Norse Atlantic Airways CEO: 'We are delighted to connect yet another city in the U.S. to Paris and Berlin'
By Globe Banner Report | Jul 29, 2023
Low-cost transatlantic airline Norse Atlantic Airways confirmed plans to launch new flights from Miami to Paris and Miami to Berlin, according to a press release. The connections will become available Dec. 12 and 14.
Rand Technology COO: 'The Netherlands operation is a logical next step in our worldwide expansion'
By Globe Banner Report | Jul 28, 2023
Rand Technology has established a new operations center in the Netherlands, according to a press release. The addition marks the seventh facility opening made on behalf of the ISO-certified independent semiconductor distribution company.
Adobe CTO: 'Today’s announcement is about making Firefly accessible to more people in their preferred languages'
By Globe Banner Report | Jul 27, 2023
Adobe recently carried out a global expansion for its slate of creative generative AI models, Firefly, according to a press release. The service will also be localized in 20 languages, offering versions in French, German, Japanese, Spanish and Brazilian Portuguese, among others.
WTO's Okonjo-Iweala: Trade restrictions have 'pushed economic security to the forefront of policy discussions'
By Globe Banner Report | Jul 26, 2023
The World Trade Organization (WTO) issued its G20 Trade Monitoring Report on July 4, which found that, despite efforts to facilitate trade, further policy changes are needed to overcome the effects of inflation, the war in Ukraine and the after effects of COVID-19.
Gopalan: 'Sagility’s entry into Colombia’s BPO industry will build on promising growth the industry has demonstrated in this area'
By Globe Banner Report | Jul 25, 2023
Sagility LLC has expanded its technology-enabled business process management (BPM) service operations to Barranquilla, Colombia. The company also operates in Jamaica, the US, Jamaica, India, and the Philippines.
Muh: 'It's exciting to see Exactech continue to bring this clinically beneficial technology to markets around the world'
By Globe Banner Report | Jul 24, 2023
Exactech, based in Gainesville FL, recently carried out its first first surgery in the United Arab Emirates and rolled out its GPS navigation software.
Okonjo-Iweala: 'I warmly welcome Peru's formal acceptance of the WTO Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 23, 2023
Peru formally accepted the World Trade Organization’s Agreement on Fisheries Subsidies on July 19.
DTEX president: 'We are looking forward to working with the Trailblazer community to grow the unique and multidisciplinary workforce skills'
By Globe Banner Report | Jul 23, 2023
DTEX Systems, based in California, has partnered with the Defence Trailblazer program to contribute to Australia’s quest to improve its defenses against insider threats, according to a press release. The company is one of 35 industry partners to join the $240 million program.
Okonjo-Iweala: 'It is imperative that we establish the conditions and provide the support necessary for African countries to overcome the challenges'
By Globe Banner Report | Jul 22, 2023
World Trade Organization Director-General Ngozi Okonjo-Iweala recently spoke at the launch of a joint WTO-World Bank policy called "Turning digital trade into a catalyst for African development." According to a July 21 release by the World Trade Organization (WTO), her remarks were focused on the potential of digital trade being a catalyst for inclusive economic growth and sustainable development.
JetBlue on its unique business model: 'By all measures, it succeeded'
By Globe Banner Report | Jul 22, 2023
JetBlue recently issued a statement detailing the success of its Northeast Alliance (NEA) with American Airlines, following the court’s ruling against the initiative.
Okonjo-Iweala: 'I am grateful to Gabon for its formal acceptance of the WTO Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 21, 2023
On July 12, 2023, Gabon officially accepted the Agreement on Fisheries Subsidies, becoming the third African country to do so. Ambassador Mireille Sarah Nzenze presented Gabon's instrument of acceptance to Director-General Ngozi Okonjo-Iweala, according to a press release by the World Trade Organization (WTO).
Biot 'excited' for new role as new vice president for Schneider Electric division
By Globe Banner Report | Jul 21, 2023
Schneider Electric, a French company based in Massachussetts, has promoted Xavier Biot to the role of vice president, power distribution and digital energy in Canada. The role became effective July 1.
PayIt's Thomson on appointment of new VP: 'We are deeply committed to continued expansion in Canada'
By Globe Banner Report | Jul 20, 2023
Payit has named Jon Telch vice president of its Canada operations.
Former CFTC chair on stablecoins: 'The U.S. could become a standards taker rather than a standards maker'
By Globe Banner Report | Jul 20, 2023
Timothy Massad, director of the Digital Assets Policy Project at the Harvard Kennedy School and a former chairman of the Commodity Futures Trading Commission (CFTC), wrote in an opinion piece that the U.S. needs to prioritize stablecoin regulation, or it risks falling behind and being forced to follow legal frameworks implemented by other countries. Massad argued that the potential risks associated with increased use of stablecoins can be mitigated by regulating them.
AIT Worldwide Logistics expands to Dubai, the 'crossroads for global trade'
By Globe Banner Report | Jul 20, 2023
AIT Worldwide Logistics has expanded its operations to the Middle East with a new office in the United Arab Emirates’ Dubai. The company’s global network currently is made up of 110 offices around the world.
Binance's head of Law Enforcement Training: 'Our mission is to maintain the highest level of security for our users and the broader cryptocurrency community'
By Andy Nghiem | Jul 19, 2023
Jarek Jakubcek, the head of Law Enforcement Training at Binance, the largest cryptocurrency exchange in the world by volume, said in a July blog post that his team is dedicated to protecting Binance users as well as all consumers in the crypto industry. The crypto exchange's Investigations team works to proactively protect users from crimes like phishing scams and investment fraud.
Mars Inc. 'excited' to acquire Kevin's Natural Foods
By Globe Banner Report | Jul 19, 2023
Mars Inc. recently agreed to a deal to acquire Kevin’s Natural Foods. The terms of the agreement were not disclosed.
WTO's Okonjo-Iweala: 'I am delighted to welcome China's formal acceptance of the Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 18, 2023
The World Trade Organization (WTO) recently announced that China has formally accepted the Agreement on Fisheries Subsidies.