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IMF board completes first review of Ukraine arrangement

The Executive Board of the International Monetary Fund (IMF) completed on Nov. 22 the first review of Ukraine’s economic performance under the 18-month Stand-By Arrangement (SBA) that was approved on June 9, 2020


Trade

Blue Prism and AWS establish global strategic relationship

Blue Prism has started a global strategic partnership with Amazon Web Services to transform its business momentum.


Trade

Ennismore 'thrilled' over Hyde Hotel's first global expansion

Hyde Hotel is opening its Dubai-based property in collaboration with Emerald Palace Group as part of its first global expansion, according to hospitality company Ennismore.


Trade

Panda Kitchen & Bath opens new factory in Thailand for 'substantial' economic impact

Panda USA recently established its most recent facility in Surat Thani, Thailand.


Trade

Article IV mission to China completed by IMF

An International Monetary Fund (IMF) team, led by Mr. Helge Berger, Mission Chief for China and Assistant Director of the Asia and Pacific Department, conducted discussions virtually on the 2021 Article IV Consultation from Oct. 28 to Nov. 10, 2021


Trade

IMF concludes discussions with Armenia

An International Monetary Fund (IMF) team, led by Nathan Porter, conducted discussions during October 19-November 12, 2021 for the 2021 Article IV consultation, as well as the combined fourth and fifth reviews of Armenia’s economic program, which is supported by an IMF Stand-By Arrangement (SBA).


Trade

Noble Corp., Maersk Drilling merge; 'Combination carries strong industry logic'

The Noble Corporation and The Drilling Company of 1972 (Maersk Drilling) on Nov. 10 announced that they have agreed to combine both businesses under a 50/50 partnership with the combined name Noble Corporation.


Trade

Biden, Xi to meet to discuss smoothing trade relations

President Joe Biden and Chinese President Xi Jinping are set to meet in the coming days where Xi is reported to already be attempting to lay out the ground rules between the two powers going forward.


Trade

IMF expects intense price growth on metals

An International Monetary Fund working paper projected that metal prices would surge in a sustained period.


Trade

project44 expands its global presence in Latin America

An organization that paves the way for supply-chain visibility plans to expand in Latin America.



Trade

KPS opens new office in Poland, expands global presence

In a move that the company hopes will expand its global presence and reach, KPS Life has confirmed its plans to establish a European headquarters with a new office located in Warsaw, Poland. 


Trade

REEF acquisition of United Arab Emirates-based iKcon positions company 'to become a leader in the region,' company official says

Miami-based REEF Technology's acquisition of United Arab Emirates-based iKcon Restaurant, announced earlier this week, is REEF's entry into the Middle East/North Africa (MENA) market, a company official said.


Trade

Colgate Energy's $190 million bolt-on acreage acquisition in New Mexico counties 'too good to pass up,' co-CEO says

Colgate Energy Partners' $190 million purchase of 22,000 net acres in Eddy and Lea Counties, announced earlier this week, is a good deal for the company, Colgate Co-CEO Will Hickey said in a news release


Trade

Entravision's 365 Digital acquisition part of 'our continued global expansion,' CEO says

Entravision's acquisition of the African-based advertising venture 365 Digital, announced late last week, is only the latest Entravision expansion and it already yielding positive results, the company's CEO said


Trade

IMF's Georgieva at Paris Peace Forum: 'As we prioritize the needs of countries, it has to be done in the context of interdependence'

As we prioritize the needs of countries, it has to be done in the context of interdependence. It is morally right to help everyone in need, of course, but it is also in everybody’s self-interest. No-one is safe until everyone is safe. That applies to the fight against the pandemic and also to the fight against climate change.


Trade

Seychelles, IMF reach agreement under Extended Fund Facility

Washington, DC: An International Monetary Fund (IMF) mission led by Boriana Yontcheva carried out a mission from October 23–November 8, 2021 to assess performance at end-September for the first program review under the Extended Fund Facility (EFF) Arrangement with Seychelles.


Trade

Elite Education Group International announces expansion into Great Britain to recruit Chinese students for 'two premier UK universities'

The recently announced agreement with an education holding company to recruit Chinese students for two UK universities marks that company's expansion outside the U.S., the company's CEO recently said.


Trade

ElectroNeek meets 'tremendous success' with expansion in Latin America, India

ElectroNeek recently made advancements on its global expansion plans with new partnerships in Latin America and India.


Trade

Hyzon Motors partners with Hiringa for New Zealand-based green hydrogen refueling network

A New York-based global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, including heavy duty trucks, buses and coaches, will expand its operations in New Zealand.