Latest News
Analyst: 'Russia's decree effectively expropriates foreign stakes in the Sakhalin Energy Investment Company'
By Karla Florez | Jul 12, 2022
Russian President Vladimir Putin recently raised the stakes in its financial conflict with Western parties, taking full control of the Russia-based Sakhalin-2 gas and oil project. Western offices worry the move could drive out Shell and Japanese investors, Reuters reported.
Reckitt’s Mead Johnson to deliver large infant formula shipment to the U.S. to help end the ongoing shortage
By Karla Florez | Jul 3, 2022
Reckitt, a British consumer goods company headquartered in Slough, England, has committed to providing the largest-ever delivery of infant formula to the U.S., according to Cision PR Newswire.
Thomas-Greenfield: 'We are prepared to give (companies) comfort letters if that will help to encourage them' to get grain out of Russia
By Karla Florez | Jun 9, 2022
U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, has confirmed plans to grant “comfort letters” to shipping and insurance companies in an effort to help facilitate exports of Russian grain and fertilizers, Reuters reported.
Schreider: 'Hybrid MDR is the key to unlocking new growth potential'
By John Kelly | Jun 8, 2022
Tari Schreider, strategic advisor of Aite-Novarica Group, said that experts have provided advice to his company's client base in a new report, according to a recent press release.
Shanghai vice mayor on lifting COVID-19 lockdown: 'The epidemic has been effectively controlled'
By David Beasley | May 31, 2022
Officials in Shanghai are taking "major steps" toward lifting the COVID-19 lockdown that has kept residents in their homes for two months, Shanghai Vice Mayor Zong Ming said at a press briefing Tuesday (May 31), the Associated Press reported.
Lawyer on Shanghai COVID-19 lockdowns: 'We are trapped in our homes, not allowed to leave'
By David Beasley | May 9, 2022
With COVID-19 case numbers rising in China, residents in Beijing and Shanghai remain in lockdown as part of Xi Jinping's "zero-COVID" policy.
Chinese foreign ministry spokesman on possible SEC delisting: 'China is committed to resolving auditing and regulatory issues'
By David Beasley | May 5, 2022
The Holding Foreign Companies Accountable Act (“HFCAA”) was made law on December 18, 2020; its purpose is encapsulated by its name.
Analyst: China's 'zero-covid' policy has already caused 'significant disruption to the economy'
By David Beasley | Apr 15, 2022
China has been locking down entire populations in pursuit of its "zero-covid" policy, a move that has raised humanitarian and economic concerns. Major companies are now expecting delays as the lockdowns continue, and a recent report shows that a significant number of the Chinese workforce are currently locked down.
Vilsack: 'There is no realistic way to convert all CRP acres into cropland in 2022'
By Karla Florez | Apr 12, 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.
'Build for the future we see': Bitrise to expand global presence with 200 new hires
By David Hutton | Mar 8, 2022
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.
ExxonMobil joins slew of companies divesting from Russian oil and gas sector
By Trina Thomas | Mar 5, 2022
ExxonMobil, an American organization, joined the movement of energy companies divesting from Russian oil and gas companies and projects this week.
Board International 'delighted' with FY 2021 results, 47% ARR growth rate
By Trina Thomas | Mar 5, 2022
Board International, a decision-making platform provider, recently announced the organization's fiscal year 2021 results.
Grovara launches new office in Mexico, expanding global presence
By Trina Thomas | Mar 4, 2022
A company that offers an online hub for wholesale products is expanding its global presence after opening new headquarters in Mexico.
Clubspeed acquires KartingManager for further global expansion
By Art Benavidez | Mar 4, 2022
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.
'If Russia is destroyed, we will be next': China aiding Russia with economic support
By Steven Hughes | Mar 4, 2022
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.
'The situation has compelled us to reassess our operations in Russia': U.S. companies curb business with Russia in response to invasion
By Andy Nghiem | Mar 4, 2022
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.
Boeing and Airbus halt parts and support for Russian airlines
By Laurie A. Luebbert | Mar 3, 2022
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.
Hess to begin oil production in Guyana
By Andy Nghiem | Mar 1, 2022
Independent energy company Hess recently announced it will soon commence production from the Liza Phase 2 development on the Stabroek Block offshore Guyana.
HARMAN acquires Apostera, plans to enhance 'in-car experiences' across industry
By John Kelly | Feb 28, 2022
Harman International recently acquired Apostera, an automotive technology company based in Germany.
NOVONIX takes 'important step' with KORE Power investment, supply agreement
By Zachary Richter | Feb 28, 2022
NOVONIX Limited, a lithium-ion battery developer and supplier, has closed an investment and supply agreement with KORE Power.