Latest News
China's stronghold on global medication production a cause for concern, FDA says
By Valerie Bonk | Jul 18, 2021
The U.S. relies on China for medications as production for many generic medicines are located off-shore, but the Food and Drug Administration said it does not know much more than that.
McKinsey study: Hybrid work-from-home practices here to stay
By David Hutton | Jul 16, 2021
A year ago many companies urged their employees to work from home as the COVID-19 pandemic led to lockdowns, forever changing the way people work.
Hard Rock's new Madrid hotel offers 'distinctly different personality'
By Valerie Bonk | Jul 10, 2021
Hard Rock Hotels has opened a new location in Madrid, Spain, in the Golden Triangle of Art, formed by three nearby art museums including El Prado.
Bureau of Economic Analysis: Foreign investment in U.S. drops $45.4% in 2020, COVID-19 pandemic plays a role
By Ian Leigh | Jul 8, 2021
The U.S. Bureau of Economic Analysis (BEA) reported that foreign investment in the U.S. dropped 45.4% in 2020 compared to 2019, with COVID-19 playing a role.
BEA notes GDP increases, projects further growth despite 'upward revision to imports'
By Karla Florez | Jul 8, 2021
The U.S. Bureau of Economic Analysis (BEA) reported an increase of 6.4% in the real gross domestic products annual rate for the first quarter of 2021 in its third estimate.
Crackdown on political dissidents 'is putting the Chinese playbook on the Hong Kong situation'
By Andy Nghiem | Jul 7, 2021
Rapidly increasing global media speculation suggests that Beijing's oppressive national security law is not only negatively affecting Hong Kong residents, it is straining Hong Kong's relationships with countries around the world.
Coke, Dutch nonprofit team up 'to rid the oceans of plastic'
By David Beasley | Jun 24, 2021
Coca-Cola Co. is teaming up with a Dutch nonprofit to clean up the world’s oceans.
Nations Lending Adds National Corporate Training Leader
By Press release submission | Jun 5, 2021
As Nations Lending, a leading national full-service mortgage lender, continues to expand its footprint across the U.S., the onboarding, training, and development of hundreds of employees continues to remain a high-priority initiative.
PIMCO Appoints Giorgio Cocini as Managing Director for Italy, France, and Iberia
By Globe Banner | Apr 3, 2020
PIMCO, a renowned fixed income investment manager, has announced the appointment of Giorgio Cocini as a Managing Director to oversee its business in Italy, France, and Iberia. Cocini, currently the Global Co‐Head of Financial Institutions Investment Banking at Bank of America, will join PIMCO in June and operate from the firm's London office. He will report to Craig Dawson, Managing Director and PIMCO’s Head of Europe, Middle East and Africa.Emmanuel Roman, PIMCO’s Chief Executive Officer, expressed his confidence in Cocini, stating, "Giorgio will be an outstanding...
PIMCO Announces 2024 Managing Directors
By Globe Banner | Mar 18, 2020
PIMCO, a global leader in active fixed income, has announced the promotion of officers to Managing Director status. In a statement, PIMCO Chief Executive Officer Emmanuel Roman and PIMCO Group Chief Investment Officer Daniel Ivascyn emphasized the importance of qualities such as integrity and excellence in the newly appointed Managing Directors. Roman and Ivascyn highlighted the firm's commitment to a diverse talent pool that will benefit clients, the firm, and future generations of talent.Among the newly promoted Managing Directors is Masoud Sharif, who serves as Co-Head...
Urgent Calls for EU Permitting Reform Following New Study
By Globe Banner | Feb 13, 2020
BusinessEurope today released the findings of a new survey highlighting the pressing need for reform in EU industrial permitting processes. The study, encompassing companies from 21 European countries, shed light on the challenges faced by businesses in navigating the complex and lengthy permitting procedures within the EU."In today’s very competitive global scene, speed is of strategic importance. Long and complex industrial permitting is a bottleneck for companies’ green and digital transformations and the EU’s global competitiveness," emphasized BusinessEurope...