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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.


Economics

Diode, Energy Innovation Partners joint venture to expand 'renewable energy' in South Korea

Overland Park, Kansas-based green infrastructure developer Diode Ventures announced Jan. 12 it has signed a joint venture agreement with Energy Innovation Partners for a large-scale renewable energy, data infrastructure partnership in South Korea.


Economics

'Major milestone': Papa Johns to open over 1,300 stores in China

Papa John’s International, Inc. recently announced it has partnered with FountainVest Partners to open more than 1,350 new locations across South China by 2040.


Economics

Russian gas pipeline flows east while Europe faces 'energy crisis'

A Russian natural gas pipeline that delivers gas to Europe has been stuck in reverse for more than three weeks, leading to an increase in energy costs across the continent.


Economics

Energy prices surge across Europe as nearly ‘80 million’ live in energy poverty

Skyrocketing energy prices in Europe are causing businesses and industries to close.


Economics

Virtual visit with Grenada, IMF staff completed

An International Monetary Fund (IMF) team led by Ms. Huidan Lin met virtually with the authorities of Grenada during January 6–12 to discuss recent economic developments and follow upon the policy priorities raised during the 2019 Article IV Consultation and the 2020 Request for Disbursement under the Rapid Credit Facility.


Economics

Fidelis New Energy LLC opens European HQ, announces new hires to 'achieve carbon neutrality by 2050'

Fidelis New Energy, LLC, a developer, investor, and operator of climate impact infrastructure, is shaking things up with the opening of a new office and a series of new hires as the company strives to achieve carbon neutrality in 30 years.


Economics

'Exciting milestone': Trinseo acquires Heathland B.V.

Trinseo, a global manufacturer of plastics and latex binders, announced Jan. 3 the acquisition of Heathland B.V.


Economics

World Bank: Global growth will be slow through 2023

Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic Prospects report.


Economics

China's economic censorship 'increases financial risk' for American businesses and investors

China's increasing economic data censorship is raising risks for American investors and financial service companies that rely on Chinese economic reports to do business.


Economics

Blacksky, Geoimage join forces to 'meet increased demand' for intelligence

Blacksky and Geoimage recently announced a partnership for global reseller operations in Australia.


Economics

CEO: AppDirect Capital will offer 'hassle-free access to funding'

AppDirect, a subscription service platform company, is embarking on a partnership with CDPQ to start Appdirect Capital.


Economics

Covetrus to restructure Europe operations, position company to 'win'

Animal health technology company Covetrus recently announced plans to restructure its organizations in Northern and Central Europe to provide better customer service.