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Archive by category World Business

Fluence Launches Ultrastack, its Highest-Performance Energy Storage Product to Date, to Transform Transmission and Distribution Grids

ARLINGTON, Va., March 29 (Korea Bizwire) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and cloud-based software for renewables and storage, announced today the release of Fluence Ultrastack™. Ultrastack is an advanced energy storage product designed to transform the way transmission and distribution networks operate around the world [...]

Workplace Options Opens Service Center in Uruguay

RALEIGH, N.C., March 28 (Korea Bizwire) – Workplace Options (WPO), the world’s leading employee health and wellbeing support company, opened its first South American office in Uruguay. The country’s stable political and economic environment, combined with its highly educated and multilingual workforce, strongly influenced WPO’s location decision. WPO plans to expand its global footprint across Latin America [...]

Cooperation Agreement Signed with Sonoma Clean Power for Up to 200 MWe of Eavor-Loop™ in Northern California

CALGARY, Canada, March 28 (Korea Bizwire) — Eavor Technologies Inc. (“Eavor”), the leader in globally scalable geothermal technology, is pleased to announce the signing of a cooperation agreement with Sonoma Clean Power for the development of up to 200 MWe of new geothermal through the GeoZone initiative in Sonoma and Mendocino Counties, California. The Geothermal [...]

The Metals Company Announces an Extensive Deep-sea Environmental Data Submission to the International Seabed Authority

NEW YORK, March 28 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest estimated undeveloped source of critical battery metals, today announced that its subsidiary NORI had begun the process of submitting data collected during 17 offshore resource definition and environmental baseline campaigns in [...]

ProCap Insurance: Expanding Our Global Reach; Promoting the Innovative Development of the Insurance Industry

NEW YORK, March 28 (Korea Bizwire) — Under current market conditions, consumers have a strong desire to preserve and/or increase the value of their assets. Multiple crises such as the pandemic, persistent inflation, and turbulent geopolitics has brought about insurmountable levels of risk. How can risk be managed while pursuing capital gains? At the moment, [...]

CBL International Limited Announces Closing of Initial Public Offering

KUALA LUMPUR, Malaysia, March 28 (Korea Bizwire) — CBL International Limited (NASDAQ: BANL), together with its wholly owned subsidiaries (“CBL International” or the “Company”), is an established marine fuel logistic company currently focusing on the Asia Pacific region, providing one-stop solutions for vessel refueling. CBL International today announced the closing on March 27, 2023 of [...]

Avery Dennison Reaffirms Its Sustainability Commitments with Adoption of the Carbon Trust Footprint Solution

Singapore, March 28 (Korea Bizwire) – Global materials science leader, Avery Dennison Corporation (NYSE:AVY), is transitioning to a bespoke carbon footprint tool created in collaboration with the Carbon Trust to continue its drive towards transparency and continuous improvement in environmental impact measurement and reporting on its products. The Carbon Trust will present information and insights [...]

Media OutReach Newswire Strengthens Vietnam Distribution Network

HONG KONG SAR, March 28 (Korea Bizwire) – Media OutReach Newswire, Asia’s first global newswire, has strengthened its distribution network in Vietnam, adding five additional media partners as guarantee online news posting for its press release distribution service. The five new sites bring the total number of partners in Vietnam to 20 media outlets, including [...]

Wood Mackenzie Appoints New Chief Financial Officer

LONDON and HOUSTON and SINGAPORE, March 27 (Korea Bizwire) — Wood Mackenzie, a portfolio company of Veritas Capital, has appointed Simon Crowe to its global executive leadership team as Chief Financial Officer (CFO), effective 27th March. Simon brings a wealth of experience in private and public companies in the US, Europe and Asia. He joins Wood [...]

Classic Parade Announces Its Incorporation as an LTD Company

LONDON, March 27 (Korea Bizwire) — After 20 years under family ownership, Classic Parade, a hypercar hire company in London, will now effective immediately become an LTD company that has financial backing from Qatari investors. This move comes from a strategic business decision to focus on growth beyond the United Kingdom. Currently, Classic Parade services [...]