Latest News
Uber CEO Khosrowshahi: 'We are very clearly on the path to profitability'
By David Hutton | Sep 30, 2021
After investing to increase driver ranks, Dara Khosrowshahi expects to see fares start to fall
OECD lowers forecasts for U.S., global economic growth
By Caleb Lombardo | Sep 30, 2021
Despite a relatively strong ongoing recovery from the coronavirus pandemic from an economic standpoint, the OECD released a report this month that tempers expectations in the coming months.
IMF chief scrutinized for alleged pressure to lift China's ranking in annual report
By Caleb Lombardo | Sep 30, 2021
International Monetary Fund (IMF) Chief Kristalina Georgieva is under fire this month after she reportedly pressured staff to boost China's rankings in the "Doing Business" report.
Zoom acquisition in holding pattern amid scrutiny of China ties
By David Hutton | Sep 26, 2021
The company’s $14.7 billion deal for Five9 draws scrutiny from Justice Department
JPMorgan Chase & Co. under investigation in Brazil oil bribery case
By Karla Florez | Sep 26, 2021
JPMorgan is the target of an investigation related to an oil bribery probe in Brazil. Officials hope to identify a potential connection to a money laundering scheme dating back to 2011 involving Brazilian oil company Petrobras.
LER TechForce's Drabick: 'Our program is purposely built to ensure veterans find great careers and are valued'
By Art Benavidez | Sep 26, 2021
An Indiana-based company touted as a global leader in functional safety consulting and implementation recently began a program to help military personnel reintegrate back into civilian life.
N.J. Secretary of State Way: $1.25 million in grants will help companies 'succeed when entering the global marketplace'
By Andy Nghiem | Sep 26, 2021
The New Jersey Department of State’s Business Action Center (NJBAC) has received funding to provide $1.25 million in grant awards to local businesses seeking to expand into global markets.
Nike shares drop as pandemic-related inventory woes dampen financial outlook
By Solange DeLisle | Sep 26, 2021
The cost of shares for the Oregon-based the athletic footwear giant Nike dipped after the company lowered its revenue forecast for the 2022 fiscal year because of COVID-related supply chain issues.
CNBC game theory model predicts ‘the Quad’ to strengthen against China
By Tamara Browning | Sep 26, 2021
Business news channel CNBC launched an advanced game theory model predicting the increased strength of Australia, India, Japan and the United States, known as the “Quad,” in light of the Quad Leaders’ Summit held Sept. 24 at the White House.
International groups push manufacturers, governments for more equitable distribution of COVID vaccines
By Art Benavidez | Sep 23, 2021
The heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization recently held a meeting with CEOs of the leading COVID-19 vaccine-manufacturing companies to collaborate on achieving enhanced global access to the vaccines.
Hong Kong biotech start-up Prenetics going public
By Art Benavidez | Sep 21, 2021
The biotech company, Prenetics, is slated to be the first Hong Kong unicorn to become a public company.Prenetics is uniting with Artisan Acquisition and subsequently going public in a deal that will value the merged organization at $1.7 billion.
Axalta begins construction on new Jilian City plant in China
By Karla Florez | Sep 19, 2021
Axalta initiated a new construction project in Jilin City, North China. The new plant is scheduled to open in 2023.
'We are excited': Infinty BiologiX acquires Roylance Pharma
By Valerie Bonk | Sep 19, 2021
Biobanking, bioprocessing and analytics leader IBX has acquired UK-based biospecimen storage specialists Roylance Pharma, according to a press release.
Barchart expands ‘commodity datasets’ with SovEcon partnership
By Karla Florez | Sep 19, 2021
Barchart recently secured a partnership with SovEcon to strengthen its data offerings.
Amazon to hold 'Holiday Beauty' sale in October
By Valerie Bonk | Sep 19, 2021
An upcoming sale at Amazon will feature various beauty products for sale online ahead of the upcoming holiday season.
KORE reaches a 'significant milestone' by joining the FTSE Index
By Alexus Barnhart | Sep 18, 2021
Pacific Oak Advisers recently announced their latest development within the investment company by being included in a global index.
Agenda - RAN Africa online meeting - Trade Finance in Africa – 22 September 2021
By ICC Africa | Sep 17, 2021
The International Chamber of Commerce (ICC), is pleased to invite you to a webinar on Trade Finance in Africa: harnessing digital solutions to empower African SMEs to trade now
CP Kelco invests more than $50 million in NUTRAVA Citrus Fiber as 'important milestone'
By Christina Heath | Sep 15, 2021
CP Kelco is investing more than $50 million into NUTRAVA™ Citrus Fiber to expand the production capacity due to strong customer demand and market potential.The new expansion will add a second production line to NUTRAVA™ Citrus Fiber's Matao, Brazil facility for an additional approximated 5,000 metric tons, according to a press release. "We are excited about reaching this important milestone in our journey with NUTRAVA™ Citrus Fiber, which originated as a proof-of-concept only four years ago," Didier Viala, president of CP Kelco, said in the press release.
'We are very excited': LCI Industries purchases Furrion
By Art Benavidez | Sep 12, 2021
LCI Industries announced in a press release Sept. 9 its subsidiary Lippert Components Inc., has acquired Furrion Holdings Limited.
Edmund Optics to open new South Korea office with ‘specialized technical support'
By Karla Florez | Sep 12, 2021
Edmund Optics confirmed plans to further establish its presence in South Korea. The Barrington, NJ native company will now open a new location in one of the largest metro areas in South Korea, the Mapo district of Seoul.