Latest News
Article IV mission to China completed by IMF
By Press Release | Nov 19, 2021
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
IMF concludes discussions with Armenia
By Press Release | Nov 16, 2021
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).
Noble Corp., Maersk Drilling merge; 'Combination carries strong industry logic'
By Trina Thomas | Nov 15, 2021
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.
Biden, Xi to meet to discuss smoothing trade relations
By Glenn Minnis | Nov 15, 2021
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.
IMF expects intense price growth on metals
By Bree Gonzales | Nov 15, 2021
An International Monetary Fund working paper projected that metal prices would surge in a sustained period.
project44 expands its global presence in Latin America
By Trina Thomas | Nov 14, 2021
An organization that paves the way for supply-chain visibility plans to expand in Latin America.
Amazon expands its offerings to Colombia and Chile to ‘bring music fans even more choice and ways of discovering music’
By Karla Florez | Nov 13, 2021
Amazon has made its music platform accessible to customers in Colombia and Chile.
KPS opens new office in Poland, expands global presence
By Caleb Lombardo | Nov 13, 2021
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.
REEF acquisition of United Arab Emirates-based iKcon positions company 'to become a leader in the region,' company official says
By Karen Kidd | Nov 13, 2021
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.
Colgate Energy's $190 million bolt-on acreage acquisition in New Mexico counties 'too good to pass up,' co-CEO says
By Karen Kidd | Nov 12, 2021
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
Entravision's 365 Digital acquisition part of 'our continued global expansion,' CEO says
By Karen Kidd | Nov 12, 2021
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
IMF's Georgieva at Paris Peace Forum: 'As we prioritize the needs of countries, it has to be done in the context of interdependence'
By Press Release | Nov 12, 2021
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.
Seychelles, IMF reach agreement under Extended Fund Facility
By Press Release | Nov 9, 2021
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.
Elite Education Group International announces expansion into Great Britain to recruit Chinese students for 'two premier UK universities'
By Karen Kidd | Nov 7, 2021
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.
ElectroNeek meets 'tremendous success' with expansion in Latin America, India
By Caleb Lombardo | Nov 7, 2021
ElectroNeek recently made advancements on its global expansion plans with new partnerships in Latin America and India.
Hyzon Motors partners with Hiringa for New Zealand-based green hydrogen refueling network
By Art Benavidez | Nov 7, 2021
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.
Webtoon, Hybe produce new lineup of webcomics for 'fans all over the world'
By Art Benavidez | Nov 7, 2021
A partnership between the world’s largest digital comics platform and a global multi-platform entertainment company will bring a new lineup of original webcomics and web novels.
Lithosphere Blockchain collaborates with Brazil's Central Bank to conduct Digital Real CBDC trial
By Timothy Stuckey | Nov 7, 2021
The Lithosphere cryptocurrency platform has met with the Central Bank of Brazil to discuss their joint efforts in launching a Digital Real central bank digital currency (CBDC) trial in the country, according to a press release from KaJ, the Seattle-based blockchain firm that developed Lithosphere.
'We can't wait to get started!' Ritchie Bros. completes acquisition of SmartEquip
By Timothy Stuckey | Nov 6, 2021
Ritchie Bros, an international asset management and disposition company, recently announced the completion of its acquisition of SmartEquip, a multi-manufacturer digital platform, according to a press release from Ritchie Bros.
Asda, RangeMe partner to ‘introduce new products’ in stores
By Emily Bevard | Nov 6, 2021
UK-based grocer Asda and leading product discovery and sourcing platform RangeMe have partnered, hoping to garner additional innovative suppliers and products that are most relevant to their customers’ demand.