News from March 2023
PepsiCo joins strike against palm oil producer: We ‘have asked that they suspend the mills identified’
By Globe Banner Report | Mar 24, 2023
PepsiCo has banned Indonesia-based Astra Agro Lestari’s palm oil from its supply chain, according to a recent Food Dive report.
Feven Solomon makes history with Congressional Black Caucus leadership role
By Globe Banner | Mar 24, 2023
Feven Solomon, an Eritrean American, has made history as the first and youngest Black woman to hold the position of Deputy Executive Director for the Congressional Black Caucus (CBC).
Brand Institute CEO on new divisional president: ‘Kurt's success in this region makes him an ideal candidate to take on this expanded role’
By Globe Banner Report | Mar 23, 2023
Brand Institute, based in Miami, Florida, recently promoted Kurt Yoon to divisional president, Asia, according to a press release.
Binance investigator warns public of 'pig-butchering' investment fraud
By Juliette Fairley | Mar 23, 2023
As the head of intelligence and investigations at the largest crypto exchange, Erin Fracolli’s number one goal is to keep users safe, but there’s a growing scam taking place online in which victims are being romanced into investing in fake cryptocurrency.
BoomerangFX CEO: 'We are thrilled to be working with Stripe to provide a more convenient payment processing experience'
By Globe Banner Report | Mar 23, 2023
BoomerangFX recently selected Stripe to help oversee its platform-based client integrated payments, a press release reported.
Pearl chief clinical officer: AI solution 'will give European dentists the benefits of the most complete clinical AI toolset in dentistry'
By Globe Banner Report | Mar 22, 2023
Pearl, based in California, confirmed plans to introduce its Practice Intelligence AI solution in Europe, according to a press release.
Source Global founder: 'The acquisition of Proud Source results in a bottled water offering that is good for people and the planet'
By Globe Banner Report | Mar 22, 2023
Source Global recently acquired global bottled spring water producer, Proud Source Water, according to a press release.
Acorda Therapeutics CEO: Esteve Pharmaceuticals launch 'is great news for people in Spain who are living with Parkinson’s'
By Globe Banner Report | Mar 21, 2023
Acorda Therapeutics, Inc., based in New York, confirmed the latest launch made by Esteve Pharmaceuticals, S.A. in Spain, a press release reported.
Paramount president on first-ever e-commerce platform: 'It is so exciting to have a site that provides a seamless and engaging consumer experience'
By Karla Florez | Mar 21, 2023
Paramount Global recently launched its first-ever direct-to-consumer e-commerce site offering products inspired by the company’s catalog of cable, theatrical films and streaming classics, according to a press release.
Rock Tech COO on first partial permit for lithium hydroxide conversion plant: 'A remarkable milestone has been reached'
By Globe Banner Report | Mar 17, 2023
Rock Tech Lithium Inc. was granted its first partial license in accordance with the Federal Immission Control Act (BImSchG) for its lithium hydroxide conversion plant in Guben, Germany, according to a press release. It will officially be put to use on March 27.
U.S. Congressional representatives visit Ecuador for trade talks
By Globe Banner | Mar 17, 2023
A group of eight U.S. Congressional Representatives, comprising two Democrats and six Republicans, visited Quito to meet with President Lasso and other Ecuadorian government officials.
ANZ report reveals early onset gender gap in Australia's financial wellbeing
By Globe Banner | Mar 17, 2023
Australian women face a persistent financial wellbeing gap compared to men, as revealed by ANZ's report titled "Financial Wellbeing: Spotlight on Australian Women."
Hospeco Brands Group CEO on new acquisition: 'Innocore is a perfect addition to our offering'
By Karla Florez | Mar 16, 2023
U.S.-based full-line manufacturer, Hospeco Brands Group (HBG) has acquired Canadian Innocore, a press release reported.
Lexus India president: 'We are excited to mark our presence in Kochi with the inauguration of our first Guest Experience Centre'
By Karla Florez | Mar 15, 2023
Lexus India has established its newest Guest Experience Centre (GEC) in Kochi, according to a press release.
Lego CEO as sales spike by 17%: 'It’s a combination of volume and value'
By Karla Florez | Mar 15, 2023
Lego is celebrating a boost in post-pandemic sales following the launch of various products aimed at both kids and adults, a recent CNBC report states.
Holland on new acquisition: 'We're excited to take the next step in expanding overseas and welcoming Britstoppers in the UK and Ireland'
By Globe Banner Report | Mar 14, 2023
Colorado-based RV camping company, Harvest Hosts has acquired Brit Stops, based in the UK, a press release reported.
Crypto expert: Regulators closed Signature Bank 'to help crush the crypto industry'
By Globe Banner Report | Mar 14, 2023
Regulators closed Signature Bank New York on Sunday, March 12 due to "systemic risk," marking the third-largest bank failure in U.S. history within days of the second-largest – the collapse of Silicon Valley Bank. Former congressman Barney Frank, a board member at Signature Bank New York, told CNBC in an interview that regulators shuttered the bank in order “to send a very strong anti-crypto message” to the rest of the industry.
Treasury, Federal Reserve, FDIC: 'We are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system'
By Globe Banner Report | Mar 14, 2023
In a joint statement, Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and FDIC Chairman Martin Gruenberg said the Federal Deposit Insurance Corporation (FDIC) is going to ensure that all Silicon Valley Bank depositors are made whole after the bank collapsed on March 10 in the second-largest bank failure in U.S. history.
Clave CEO: 'Clave is thrilled to collaborate with Santander Consumer' to offer financial service platform
By Karla Florez | Mar 14, 2023
Fintech Clave’s Latin American division, Clave Créditos S.A., based in Connecticut, has teamed up with Santander Consumer S.A. to offer consumer loan services in Argentina, according to a press release.
Warren: Silvergate's liquidation 'disappointing, but predictable'
By Globe Banner Report | Mar 13, 2023
Silvergate, a bank known for its friendliness to the cryptocurrency industry, is entering voluntary liquidation and will be winding down its operations.