Latest News
Businesses consider exit from China amid new data protection laws
By David Hutton | Nov 6, 2021
China’s new data privacy law outlines how companies can collect and store data.
'Fortnite never officially launched in China': Epic Games shuts down popular battle royal game
By Steven Hughes | Nov 6, 2021
Although it's a popular battle royal game, Epic Games is shutting down its Chinese version of “Fortnite” this month.
Kaman Air Vehicles 'thrilled that the K-MAX continues to be the helicopter of choice'
By Christina Heath | Nov 6, 2021
Two new Kaman Air Vehicles K-MAX® medium-to-heavy lift helicopters are expected to be delivered to operators in the U.S. and Canada before the end of the year.
IMF: 'Malawi’s economy is showing signs of recovery as daily COVID-19 positive cases remain relatively low'
By Press Release | Nov 5, 2021
An International Monetary Fund (IMF) team led by Mika Saito held virtual missions during July 20-27, 2021 and October 28-November 4, 2021 to conduct discussions for the 2021 Article IV Consultation with Malawi.
Nisos 'excited' to expand to Northern Ireland
By David Beasley | Oct 22, 2021
U.S.-based cybersecurity company Nisos is expanding to Belfast, Northern Ireland where it will build a software and technical center, the company recently announced in a news release.
Volkswagen's Diess: Slow transition to electric could cost 30,000 jobs
By Karla Florez | Oct 19, 2021
According to Reuters, Volkswagen CEO Herbert Diess unveiled projections that suggest the potential reduction of 30,000 jobs within the company if the automaker transitions too slowly to electric vehicles.
The US overtakes China as global leader in mining of Bitcoin
By Art Benavidez | Oct 16, 2021
The U.S. has taken the lead in developing a digital currency after China made the practice illegal.
Celanese announces surcharge on POM products following ‘unprecedented instability’ in energy markets
By Emily Bevard | Oct 15, 2021
Celanese Corporation has released a worldwide surcharge for partners Amcel, Celcon and Hostaform alongside other polyacetal (POM) products amidst a recent surge in global energy prices.
Over 130 countries agree to improve 'international tax arrangements'
By Andy Nghiem | Oct 15, 2021
More than 130 countries have agreed to a new global tax deal that could be complete before the end of the month.
Cohesive Companies continues growth with OxPlus acquisition
By Benjamin Kibbey | Oct 14, 2021
Building on their efforts to define a leading role serving infrastructure clients, the Cohesive Companies recently acquired OxPlus, a Netherlands-based rail asset management company that is a leader in the industry.
GLS acquires Canadian freight carrier Rosenau Transport to expand reach in Canada
By Emily Bevard | Oct 14, 2021
General Logistics Systems (GLS) has acquired Canadian logistics company Mid-Nite Sun Transportation Ltd. to expand its reach in Canada.
Advatix expands footprint into Latin America with Up-Time acquisition
By Benjamin Kibbey | Oct 13, 2021
Advatix, Inc. recently expanded its eCommerce supply chain and logistics solutions footprint into Latin America with the acquisition of Up-Time, an operations consulting and engineering solutions firm based in Santiago, Chile.
'We pride ourselves on offering up the best to our customers:' 7-eleven opens first store in India
By Timothy Stuckey | Oct 13, 2021
Retail chain 7-eleven recently launched its first store in India's largest city, introducing its trademark services, food, and beverages to the country.
Chargepoint announces acquisitions in Europe, North America
By Timothy Stuckey | Oct 13, 2021
ChargePoint Holdings, Inc. has recently announced the completion of its purchase of has·to·be, a leading European electric mobility platform
Minnesota's Calyxt teaming with Asian food ingredient manufacturer for palm oil substitute
By David Hutton | Oct 12, 2021
In an effort to develop a better soybean that could produce oils serving as a commercial alternative to palm oil, Minnesota-based Calyxt Inc. is teaming up with an Asian food ingredient manufacturer to come up with the plant.
Cryptos slide as China announces new wave of crackdowns
By Caleb Lombardo | Oct 11, 2021
The price of Bitcoin and Ether recently tumbled as much as 5% after the People's Bank of China declared that all crypto-related activities are prohibited. This includes all services that offer trading, derivatives, or order matching for virtual currencies.
IMF: 'Climate change poses an existential threat' to Asian countries
By Bree Gonzales | Oct 11, 2021
The International Monetary Fund hosted a virtual conference to discuss Asian countries’ challenges in implementing climate-friendly policies.
International Air Transport Association says 'the path to recovery is coming into view'
By James Niedzinski | Oct 10, 2021
An industry trade group anticipates the global airline market will lose about $12 billion next year, or down 78% compared to 2021 profits, as it recovers from the COVID-19 pandemic.
Musk: Tesla will expand ‘investment' in China’
By Kasey Schefflin-Emrich | Oct 9, 2021
Elon Musk revealed that Tesla plans to increase its presence in China.
Trade official Tai plans to enforce trade agreement with China 'to defend the interests of America'
By Trina Thomas | Oct 9, 2021
U.S. Trade Representative Ambassador Katherine Tai recently outlined how the Biden administration will handle China trade strategy during a speech to the Center for Strategic and International Studies.