Latest News
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.
Topgolf expands to China with ‘truly innovative, technology-driven’ venue
By Karla Florez | Sep 12, 2021
Topgolf is coming to China.
'The addition of Aiia anchors our European open banking efforts': Mastercard buys open banking technology company
By Andy Nghiem | Sep 11, 2021
Mastercard has agreed to acquire European company Aiia
'The clock is ticking to make the changes needed': International Chamber of Commerce announces climate action forum
By Andy Nghiem | Sep 10, 2021
The International Chamber of Commerce (ICC) recently announced that it will be hosting a forum to focus on climate action.
Chicago's McDermott Will & Emery opens office in Singapore
By Timothy Stuckey | Sep 5, 2021
McDermott Will & Emery, an international law firm based in Chicago, recently announced the establishment of a physical presence in Singapore following the Ministry of Law's approval, according to a press release.
SBA to hold STEP seminar on trade-expansion program
By Timothy Stuckey | Sep 5, 2021
The U.S. Small Business Administration’s (SBA) Office of International Trade will host a webinar on Thursday, Sept. 9, at 1 p.m. regarding the State Trade Expansion Program (STEP) grant.
Georgia-based Rinnai America Corporation acquires Mexico's Industrias MASS
By Timothy Stuckey | Sep 5, 2021
The Rinnai America Corporation recently announced the acquisition of Industrias MASS, Mexico's market leader in commercial water heaters.
Poland's PGNiG purchasing more liquefied natural gas from Virginia's Venture Global
By Steven Hughes | Sep 5, 2021
PGNiG (Polish Oil and Gas Co.) recently bought an additional 2 million tonnes per annum of liquefied natural gas (LNG) from Virginia-based Venture Global LNG to lower Poland’s carbon footprint.