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Economics

Holiday toy shortage possible due to 'historic strains on capacity'

While the holiday season is still months away, retailers and infrastructure experts are already preparing for a possible shortage of Christmas toys this year, according to a recent Newsweek report.


Economics

Welcome our new ICC YAF Representatives for South Asia

The ICC Young Arbitrators Forum has named 89 new regional representatives for its 2021-2023 mandate, including appointments in 16 previously unrepresented countries and a newly established chapter for Africa.


Economics

Amazon to hire up to 125,000, increase pay in 'tight labor market'

Set to launch at least 100 logistics facilities in the coming days, Amazon Inc. has announced plans to raise average starting wages to $18 per hour.In all, Reuters reports the world’s largest retailer plans to hire upwards of 125,000 warehouse and transportation workers across the country.


Economics

World Bank projects nearly a quarter billion will be forced into 'climate-driven migration'

A recent World Bank report revealed that an estimated 216 million individuals may eventually have to relocate amid climate change-related concerns.


Economics

CAVA Robotics opens Berlin office to advance position as leader in 'robotic surgery'

CAVA Robotics International recently announced it is opening a new European headquarters in Berlin according to a press release.


Economics

'We can hardly find any workers' – Chinese factories suffer labor shortage

COVID concerns are adding to China's battle to attract workers, leaving doubts about how it will meet worldwide manufacturing demands.


Economics

GCM Grosvenor opening office in Germany

Chicago-based GCM Grosvenor is opening an office in Germany to help serve their central Europe clientele.


Economics

'Japan is the logical place': Grayshift expands operations in Asia

Forensics technology company Grayshift, LLC, announced Sept. 7 the expansion of its Asia-Pacific presence with a new office in Japan.



Economics

'We are excited': EZ Debride agrees to distribute products in southeast Asia

EZ Debride, out of San Antonio and Kernville, Texas, signed a distribution agreement with Intega Healthcare, Singapore, according to a press release.


Economics

SafetyPay partners with Hinode Group to offer 'risk-free' payments across Latin America

Digital payment platform SafetyPay announced Sept. 2 that is expanding its partnership with beauty and wellness product company Hinode Group


Economics

Wyndham launches 'luxury' hotel brand in Europe

Wyndham Hotels and Resorts announced Sept. 2 the launch of, Registry Collection Hotels, their newest brand of hotels, in Tbilisi, the capital of the country Georgia, in a press release.


Economics

BEA Announcement: BE-605 survey is now available in eFile

You can now submit your BE-605 survey of foreign direct investment in the United States for third quarter 2021 (your fiscal quarter ending closest to September 30) in BEA’s eFile system. The due date for most companies is October 30, unless this is your fourth fiscal quarter, in which case your due date is November 15.


Economics

Save the date!

This year, the ICC New York Conference will take place during Paris Arbitration Week (PAW) on 22 September for the first time as a hybrid event!


Economics

U.S. goods and services deficit narrows slightly in July

The U.S. Bureau of Economic Analysis and U.S. Census Bureau release data detailing trade trends


Economics

'Our shared vision': Amyris acquires MG Empower

Amyris, a U.S. based synthetic biotechnology company and a supplier of sustainable and natural ingredients, recently acquired MG Empower, a leading global influencer marketing agency.


Economics

Corporate profits surge as US GDP hits record highs

 A Bureau of Economic Analysis (BEA) report shows that U.S. corporate profits surged to record highs in the second quarter of 2021.


Economics

Economists expect manufacturing industry to stay strong for the rest of 2021

Unexpected growth in demand for American-made goods for the month of June has economists seeing a strong manufacturing industry throughout the year.


Economics

Statement from U.S. Secretary of Commerce Gina Raimondo following Senate passage of the Bipartisan Infrastructure Investment and Jobs Act

Includes historic investment in broadband, provides statutory authorization for MBDA and increases NOAA funding to address climate change


Economics

Poshmark CEO 'delighted' to bring company to India

Poshmark, Inc. announced Aug. 2 plans to bring its simple, social, and sustainable shopping experience to India.