News from March 2024


Cell Impact receives order worth SEK 18 million

Swedish company Cell Impact AB has been awarded a 30-month contract involving the production of flow plates, tools, and fixtures. The contract is set to commence this month with deliveries expected to continue until mid-2026.


The Better Fish celebrates partnership anniversary with Fair Trade USA

At the Seafood Expo North America (SENA) 2024, Australis Aquaculture and Fair Trade USA hosted an event to underscore their partnership. The attendees were given the opportunity to learn about various Better Fish varieties, including Lemon Herb Butter Barramundi, Crispy Barramundi Fish Tenders, and Simply Skinless Barramundi Fillets in the Wavemaker’s Zone.


South Africa joins World Trade Organization’s fisheries subsidy agreement

South Africa has become the latest addition to a growing list of World Trade Organization (WTO) members that have ratified the organization’s fisheries subsidies agreement. The ratification took place at the 13th Ministerial Conference in Abu Dhabi, held during the first week of this month. With South Africa's inclusion, the total number of WTO member countries that have agreed to the Agreement on Fisheries now stands at 71.


United Arab Emirates, NASA partner to expand human space exploration

Officials from the Mohammed Bin Rashid Space Centre (MBRSC), the National Aeronautics and Space Administration (NASA), the United Arab Emirates (UAE) Space Agency, and the National Space Council convened to reinforce a partnership supporting NASA’s Gateway, the inaugural lunar space station. The UAE has fostered its own space program through collaboration with NASA, U.S. research institutions, and other stakeholders in the aeronautics industry.


Jun Okamura joins GA technologies Co.,Ltd.

Okamura assumed his new position on March 5, bringing with him a wealth of experience as an Artificial Intelligence engineer and data analyst. His previous employer remains undisclosed by GA Technologies.


Vistage Worldwide acquires TEC Australia and New Zealand

Vistage, a global peer advisory organization for CEOs and business owners, has recently acquired The Executive Connection (TEC). TEC offers programs for CEOs, small business owners, executives and team leaders. Vistage boasts over 45,000 members worldwide and has been facilitating peer advisory groups for company CEOs since its inception in 1957.


CNOOC Limited disovers oil at Kaiping South oil field in South China Sea

The discovery of a significant oil field is set to add over 100 million tons of oil to existing reserves. The well, named KP18-1-1d, was drilled at a depth of 3,462 meters and subsequent tests indicated an average production rate of 7,680 barrels of crude per day, as well as .52 million cubic feet of natural gas.


IMF deputy managing director visits Papua New Guinea

Following a three-day visit to Papua New Guinea, Bo Li, the managing deputy director of the International Monetary Fund (IMF), issued a statement. During his visit, he met with the country’s prime minister, governor of the Bank of Papua New Guinea, development partners, and representatives of civil society organizations.


Binance discontinues Nigerian naira services, two employees detained in Abuja

Binance, the world's largest cryptocurrency exchange, has announced its decision to discontinue services involving the Nigerian naira (NGN). This move comes in the wake of a crackdown by the Nigerian government on crypto companies, which included the detention of two Binance executives who were visiting to meet with government officials.


The World Trade Organization’s 13th Ministerial Conference ends with declaration for forward-looking reform agenda

The World Trade Organization (WTO) conference, which took place in Abu Dhabi from February 26 to March 2, convened ministers from around the globe to deliberate on the organization's future work. The conference was chaired by H.E. Dr. Thani bin Ahmed Al Zeyoudi of the United Arab Emirates (UAE).


IMF’s Kristalina Georgieva makes statement after Meeting of G20 Finance Ministers, Central Bank Governors.

Following the inaugural meeting of the G20 Finance Ministers and Central Bank Governors, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued a statement. The meeting took place in Sao Paulo, with Brazil currently presiding over the Group of 20.


Report: Armed Forvia security officers overrun Mexican auto parts assembly contractor, seize equipment

Armed security officers for the French multinational auto supply giant Forvia forced their way into a Mexican industrial park and seized equipment at the center of a legal dispute.


United Steelworkers Local 2004 announces agreement with CN Rail

On March 1, a preliminary agreement was announced between the United Steelworkers Union (USW) Local 2004 and CN Rail. The three-year deal is yet to be ratified, with the vote expected to take place in March or early April.


Hong Kong's Cyber Security Professional Awards recognize crypto exchange Binance for assisting law enforcement

Binance, the world's leading cryptocurrency exchange, recently announced its receipt of a Merit Award in the banking and finance category at Hong Kong's Cyber Security Professional Awards. The award is a testament to Binance's successful collaboration with Hong Kong law enforcement agencies in combating cybercrime.


CoinMarketCap nominates former Binance CEO for Crypto Leader of the Year award

CoinMarketCap, a leading provider of cryptocurrency market data, has nominated Changpeng Zhao (CZ), the co-founder and former CEO of Binance, for its inaugural Crypto Leader of the Year award. This nomination comes after Binance, the world's largest cryptocurrency exchange, reached a resolution with the U.S. government that included CZ stepping down from his role as CEO.


Binance provides training session for Thai law enforcement

Binance's Law Enforcement Training Team recently conducted a training session for the Southern Border Provinces Investigation Division in Hat Yai, Thailand. The session was focused on investigations related to cryptocurrency. Binance is globally recognized as the largest cryptocurrency exchange by trading volume.


WTO Ministerial finds interim solution on e-commerce

The 13th WTO Ministerial, which concluded today in Abu Dhabi, has reached an interim solution on the e-commerce moratorium until the next Ministerial meeting. Reacting to the outcomes of the meeting, BusinessEurope Director General Markus J. Beyrer expressed his views, stating, "Our expectations were not overly ambitious ahead of the 13th WTO Ministerial given the increasing global divisions about how trade should be disciplined. In this context, the results from MC13 are not ideal but they are better than expected."Beyrer highlighted that WTO members have agreed to...


Vanguard announces departure of CEO, searches for replacement

Vanguard CEO Tim Buckley has announced his intention to retire from his role as chief executive officer by the end of 2024. The company is currently conducting a search for a new CEO.