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Economics

Vilsack: 'There is no realistic way to convert all CRP acres into cropland in 2022'

The U.S. Department of Agriculture (USDA) has rejected a request submitted in late March by multiple agricultural groups to ease CRP obligations in the hopes of mitigating the coming effects of food shortages projected to impact the world.


Economics

'Build for the future we see': Bitrise to expand global presence with 200 new hires

To expand its international operations as it sets the bar for the next decade of mobile development, Bitrise is kicking off a hiring effort to bring in 200 new employees worldwide in 200 days, starting with the expansion of its C-Suite.


Economics

ExxonMobil joins slew of companies divesting from Russian oil and gas sector

ExxonMobil, an American organization, joined the movement of energy companies divesting from Russian oil and gas companies and projects this week.


Economics

Board International 'delighted' with FY 2021 results, 47% ARR growth rate

Board International, a decision-making platform provider, recently announced the organization's fiscal year 2021 results.


Economics

Grovara launches new office in Mexico, expanding global presence

A company that offers an online hub for wholesale products is expanding its global presence after opening new headquarters in Mexico.


Economics

Clubspeed acquires KartingManager for further global expansion

A global leading cloud-based software for sporting entertainment facilities has announced that it has bought an indoor and outdoor software company for karting centers.


Economics

'If Russia is destroyed, we will be next': China aiding Russia with economic support

Ukrainians woke up to rumbles and explosions as Russia began blowing through its communities, leaving hundreds displaced and seeking sanctuary — Russian President Vladimir Putin said China is joining Russia’s side.


Economics

'The situation has compelled us to reassess our operations in Russia': U.S. companies curb business with Russia in response to invasion

Russia's invasion of Ukraine has drawn unprecedented sanctions from western nations, and private companies have increasingly been acting independently to give the message to Russia that they do not support the invasion of Ukraine.


Economics

Boeing and Airbus halt parts and support for Russian airlines

Russia has already been sanctioned heavily by the world for its invasion of Ukraine. Boeing and Airbus are among the latest to join the growing list of private companies that are acting against Russia as a result of the invasion.


Economics

Hess to begin oil production in Guyana

Independent energy company Hess recently announced it will soon commence production from the Liza Phase 2 development on the Stabroek Block offshore Guyana.


Economics

HARMAN acquires Apostera, plans to enhance 'in-car experiences' across industry

Harman International recently acquired Apostera, an automotive technology company based in Germany.


Economics

NOVONIX takes 'important step' with KORE Power investment, supply agreement

NOVONIX Limited, a lithium-ion battery developer and supplier, has closed an investment and supply agreement with KORE Power.


Economics

'An aerospace minor leaguer': China fails to rival US in commercial aviation

Some believe that commercial airline developments on China's behalf could be harmful to the United States, however, one expert believes China has a long way to go in commercial aviation


Economics

'We are thrilled': Rohatyn Group enters deal with Credito Facil

The Rohatyn Group recently confirmed plans to go forward with a debt financing agreement with Credito Facil, a Mexican lender.


Economics

Eastman expands tertiary amines capacity in US, Belgium to meet 'customer demand'

Kingsport, Tennessee-based Eastman, recently announced the completion of its tertiary amine capacity expansion at its manufacturing sites in Ghent, Belgium, and Pace, Florida.


Economics

'Frustrated' US companies want Trump-imposed tariffs lifted

Many American companies want tariffs imposed during the Donald Trump presidency lifted to encourage trade between the United States and China.


Economics

'Gig behemoths are on notice': Amazon, others ordered to pay $27.20 minimum wage to delivery drivers in Australia

The Australian state of New South Wales has ordered that contractor employees supplying freelance delivery services for Amazon.com be payed a minimum rate by their employer.


Economics

2022 Edelman Trust Barometer shows that public trust in government, media outlets and businesses is dwindling, but 'opportunity' seen

Public trust in government, media and businesses all landed on shaky ground in the 2022 Edelman Trust Barometer, which attempts to measure public trust in these entities.


Economics

U.S. gas inventories 'are way below' seasonal norms

Gasoline prices are expected to rise this summer as demand continues to outpace supply, according to a recent report.


Economics

Streamline Innovations, Zamil join forces to bring 'environmentally forward solutions' to Saudi Arabia

A partnership between Streamline Innovations, Inc. and Zamil Group Trade and Services will help Streamline market and deploy treatment solutions for hydrogen sulfide in Saudi Arabia.