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World Trade Organization announces Mauritius' acceptance of the agreement on fisheries subsidies
By Globe Banner | May 16, 2024
The World Trade Organization (WTO) has declared that Mauritius has officially accepted the Agreement on Fisheries Subsidies. The agreement seeks to ban harmful subsidies for fisheries, as these subsidies are identified as a contributing factor to the depletion of fish stocks.
World Trade Organization announces Cambodia’s acceptance of Agreement on Fisheries Subsidies
By Globe Banner | May 16, 2024
The World Trade Organization (WTO) has announced that Cambodia has formally accepted the Agreement on Fisheries Subsidies. This agreement seeks to prohibit harmful subsidies for fisheries, which are identified as a significant factor contributing to the depletion of fish stocks.
Canada Goose names new creative director
By Globe Banner | May 16, 2024
Toronto-based outerwear manufacturer, Canada Goose, has appointed Haider Ackermann as the company’s new creative director. Ackermann will operate from Paris, working closely with Chairman and CEO Dani Reiss.
Cooperation among Global South nations: A solution for digital skills gap
By Globe Banner | May 14, 2024
The concept of cooperation among nations in the Global South has proven to be a successful strategy, enabling developing economies to support each other through knowledge and technology transfers. This approach could potentially address the digital infrastructure gap and aid in building a highly skilled workforce, thereby preventing emerging countries from falling further behind.
International Monetary Fund staff reach agreements with Cabo Verde on fourth review under extended credit facility, first review under resilience and sustainability facility
By Globe Banner | May 12, 2024
Following a recent visit to Praia, Cabo Verde, a team from the International Monetary Fund (IMF) and local authorities have reached an agreement. This follows the country's fourth review under the Extended Credit Facility (ECF) and a first review under the Resilience and Sustainability Facility (RSF). Both of these programs offer support to the government in distinct ways.
YES BANK and EBANX Announce Strategic Partnership to Empower Cross-Border Commerce in India
By Globe Banner | May 7, 2024
MUMBAI, India and CURITIBA, Brazil, May 7, 2024 /PRNewswire/ -- In a move set to revolutionize cross-border commerce in India, YES BANK, a leading private sector bank in India, and EBANX, a global fintech company specialized in payment solutions for emerging markets, have announced a strategic partnership focused on payment processing in India for the global digital economy.The collaboration between YES BANK and EBANX aims to streamline cross-border payment processing and enhance global commerce opportunities for both global merchants and Indian customers. Leveraging...
Pudu Robotics Unveils Advanced Smart Cleaning Technology at Interclean Amsterdam
By Globe Banner | May 7, 2024
AMSTERDAM, May 7, 2024 /PRNewswire/ -- Pudu Robotics, a global leader in service robotics, is all set to showcase its advanced smart cleaning technology at the prestigious Interclean Amsterdam 2024. The event, known as the largest professional cleaning trade show globally, will provide a platform for industry professionals to explore cutting-edge innovations in the cleaning and hygiene sector.The highlight of the exhibition will be the official launch of the PUDU SH1, a smart upright scrubber dryer designed to revolutionize cleaning efficiency and effectiveness. Pudu...
Gcore Welcomes International Business Visionary, Dr. Philipp Roesler, to Board of Directors
By Globe Banner | May 7, 2024
Luxembourg-based global edge AI, cloud, network, and security solutions provider Gcore has appointed Dr. Philipp Roesler as Board Observer, marking a significant milestone for the company. Dr. Roesler, a highly accomplished business consultant, will play a crucial role in shaping Gcore's strategic direction and aiding in the realization of its global market expansion goals.Dr. Roesler, known for his diverse background in cardiothoracic surgery, federal politics, and business consulting, brings a wealth of experience to his new role. His appointment also includes serving...
THE 4A'S WELCOMES DENTSU'S ABBEY KLAASSEN AS NEW CHAIR AND FIVE NEW MEMBERS TO ITS BOARD OF DIRECTORS
By Globe Banner | May 6, 2024
The American Association of Advertising Agencies, known as the 4A's, has announced significant leadership changes and new additions to its National Board of Directors. Abbey Klaassen, CEO of Dentsu Creative, U.S., has been appointed as the new Chair of the board. In response to this appointment, Marla Kaplowitz, President, and CEO of the 4A's, expressed her excitement, stating, "As our industry continues to experience dynamic change and opportunities, I am thrilled to welcome Abbey Klaassen to her new role as the 4A's Board of Directors Chair."In addition to Abbey...
Location-based Services Market Expected to Reach $327.6 Billion by 2031
By Globe Banner | May 6, 2024
According to a new market research report by Meticulous Research®, the global location-based services market is projected to reach $327.6 billion by 2031. The report highlights the increasing use of spatial data and analytics across industries, the proliferation of location-based services in the retail sector, and the surging use of location-based services in the agriculture sector. "Mapping, navigation, tracking, proximity marketing, real-time traffic updates, and other commercial applications are key features offered by location-based service providers," the report...
Grady Hurley Elected President of Maritime Law Association of the United States
By Globe Banner | May 6, 2024
NEW ORLEANS, May 6, 2024 /PRNewswire/ -- Jones Walker LLP announced today that Grady Hurley, a partner and co-leader of the maritime litigation, arbitration, and dispute resolution team, has been elected president of the Maritime Law Association of the United States (MLA) during the organization's general meeting held in New York City on May 3, 2024. Grady is the fourth president elected from New Orleans during the MLA's 125-year history.Grady Hurley expressed his gratitude for the opportunity, stating, "I am privileged to serve as the voice of the MLA and recognize this...
Data Center Market to Reach USD 329.82 Billion by 2027, AI Implementation Key Trend - Technavio Report
By Globe Banner | May 6, 2024
Technavio, a leading global technology research and advisory company, has projected that the global data center market size is poised to grow by USD 329.82 billion from 2023 to 2027. This growth is forecasted to occur at a Compound Annual Growth Rate (CAGR) of 12.73% during the specified period.One of the key trends fueling this growth is the implementation of Artificial Intelligence (AI) in data centers. According to Technavio, AI is enhancing energy efficiency in data centers by optimizing server, power, and cooling systems. The utilization of AI expedites...
National Institute for Innovation and Technology™ and Partners Celebrate Youth Apprenticeship Week with Commitment to Expanding Opportunities in Semiconductor and Advanced Manufacturing
By Globe Banner | May 6, 2024
HANOVER, Md., May 6, 2024 /PRNewswire/ -- The National Institute for Innovation and Technology™, along with key partners, is celebrating the inaugural Youth Apprenticeship Week (YAW) with a commitment to expanding opportunities in semiconductor and advanced manufacturing. The week-long event, endorsed by the U.S. Department of Labor, highlights the importance of apprenticeships in building a skilled workforce for the future.Mike Russo, President and CEO of the Institute, emphasized the institute's dedication to bridging the gap between the current workforce and future...
Zimmer Biomet Reports Positive First Quarter Financial Results
By Globe Banner | May 2, 2024
Zimmer Biomet Holdings, Inc. has announced its financial results for the first quarter of 2024, with net sales reaching $1.889 billion, marking a 3.2% increase over the previous year period. The company also reported a 4.4% increase on a constant currency basis. Diluted earnings per share for the first quarter were $0.84, with adjusted diluted earnings per share at $1.94.In a statement, Ivan Tornos, Zimmer Biomet's President and Chief Executive Officer, expressed satisfaction with the team's performance, stating, "We are very pleased with the execution, progress, and...
ATI Names Netta Washington to Lead HPMC Segment
By Globe Banner | May 2, 2024
ATI Inc. (NYSE: ATI) has appointed Netta Washington as the new Executive Vice President to lead the company's High Performance Materials and Components (HPMC) segment, as reported on May 2, 2024.In an official statement, ATI President and Chief Operating Officer Kimberly A. Fields expressed confidence in Washington's abilities, stating, "Through Netta's leadership, we'll continue to drive growth, earnings and cash flow in Forged Products and Specialty Materials." Fields also highlighted Washington's impressive track record in operational performance and revenue growth...
Futuristic AI Requires Futuristic Data Centers, Experts Urge Investment Surge
By Globe Banner | May 2, 2024
Experts in the tech industry are urging for a surge in investment towards futuristic data centers to support the growing demand for AI-powered technologies. William Hisey, CEO of Avant Technologies Inc., emphasized the importance of integrating AI with Zero Trust Architecture for robust data center security, stating, "By integrating AI with Zero Trust Architecture, we are creating a robust and future-proof security framework for our data centers."Hisey, who recently took on the role of CEO at Avant, expressed his enthusiasm for the company's advancements in the AI space,...
Enterprise AI Market Projected to Reach $171.2 Billion by 2031
By Globe Banner | May 2, 2024
The Enterprise AI market is set to reach a value of $171.2 billion by the year 2031, according to an exclusive report by Meticulous Research®. The report provides valuable insights into the growth and trends of the industry, indicating a promising future for AI technology in enterprise settings.As stated by Meticulous Research®, "The Enterprise AI market is expected to witness significant growth in the coming years, reaching a value of $171.2 billion by 2031."This projection highlights the increasing adoption and integration of AI solutions in various sectors and...
VULCAN REPORTS FIRST QUARTER 2024 RESULTS
By Globe Banner | May 2, 2024
BIRMINGHAM, Ala., May 2, 2024 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today announced results for the quarter ended March 31, 2024.Financial Highlights Include:Tom Hill, Vulcan Materials' Chairman and Chief Executive Officer, expressed satisfaction with the company's performance, stating, "Our teams' solid execution helped us overcome challenging weather conditions throughout much of the first quarter." He highlighted that despite lower aggregates shipments, margins expanded, demonstrating the...
Jones Walker Expands Healthcare Industry Team
By Globe Banner | May 2, 2024
NEW ORLEANS, May 2, 2024 /PRNewswire/ -- Jones Walker LLP has announced the addition of Greg Schafer and Valerie Fontenot as special counsel in the firm's Litigation Practice Group and members of the firm's growing Healthcare Industry Team in the New Orleans office.Bill Hines, the managing partner of Jones Walker, expressed enthusiasm about the new additions, stating, "Greg's vast experience in litigation and Valerie's deep knowledge of the intricately involved medical industry will strengthen the firm's ability to support our clients in the healthcare sector."Greg...
MikeWorldWide Named Agency of the Year in 2024 American Business Awards
By Globe Banner | May 2, 2024
NEW YORK, May 2, 2024 /PRNewswire/ -- MikeWorldWide, a NYC-based public relations agency, has been honored with the Silver Stevie® Award in the Public Relations Agency of the Year category at The 22nd Annual American Business Awards®.The American Business Awards, known as the U.S.A.'s premier business awards program, received over 3,700 nominations this year from organizations of all sizes and industries. Among the categories, MikeWorldWide stood out in the Public Relations Agency of the Year category.The agency was recognized by the American Business Awards jury for...