Clariant, a sustainable and innovative specialty chemical company, has announced its plans to cut 1,000 positions in service and regional structures as part of its rightsizing program. “The Group plans to rightsize regional organizations and service units in order to avoid remnant cost, thereby reducing complexity and increasing agility post the expiration of transitory service…
Category: Global
Biden administration may increase H1B visa limit
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•ManyChat join hands with Facebook Messenger to help health organizations connect globally
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•ManyChat, a Chat Marketing platform, announced that it has partnered with Messenger from Facebook to connect the public to government health organizations and UN health agencies actively supporting COVID-19 response efforts. ManyChat is offering free Pro upgrades for the duration of the crisis and has built specific templates to help these health organizations effectively share…
Western Union announces expansion of its Global Real-Time Payments Network
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•Western Union, a company that provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, has announced the expansion of its Global Network for real-time money-movement and payments. The move will benefit the consumers and clients across its branded money transfer and payments business as well as…
Softbank backed satellite internet start-up OneWeb files for Chapter 11 bankruptcy, cuts jobs
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•OneWeb, the satellite internet start-up backed by Japan’s SoftBank Group, is filing for Chapter 11 bankruptcy. The company has since its inception launched 74 satellites and has 44 ground station to power its communication service using low earth orbit satellites. In their statement the company said that the Company and certain of its controlled affiliates…
Bob Iger exits as Disney CEO, Bob Chapek takes over
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•Bob Iger, has exited as CEO for The Walt Disney Company. The announcement was made by the company earlier this week. Post his exit as the CEO, Bob Iger will assume the role of Executive Chairman and will direct the Company’s creative endeavors, while leading the Board and providing leadership and guidance to ensure a…
Werner Wenning to exit as Chairman of Bayer, Norbert Winkeljohann to succeed Wenning
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•Werner Wenning to retire after over 50 years with Bayer, he will be succeeded by Prof. Dr. Norbert Winkeljohann. Bayer Chairman Werner Wenning, will step down in April, with effect from the end of the Annual Stockholders’ Meeting on April 28, 2020. His exit comes in the aftermath of of a $63 billion takeover of…
Research platform Dealroom raises €2.75mn in Series A funding round
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•European research platform Dealroom recently announced that it has raised €2.75mn in Series A funding round. The round was led by Shoe Investments and Knight Venture Capital. Founded in 2013 by Yoram Wijngaarde, Dealroom is an Amsterdam-based data and software platform, which shows worldwide intelligence about startups, innovation, and venture capital investment. Dealroom is used…
Here’s an opportunity to join Elon Musk at SpaceX
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•They are looking for people with a super hardcore work ethic, talent for building things, common sense & trustworthiness.For those interested in working at SpaceX, Founder and CEO Elon Musk put across an invite on Twitter to SpaceX’s career day being held at Boca Chica on on Feb 6, 2020 between 3 – 9 pm.…
Why is America’s iconic retailer Macy’s Inc. shuttering its stores?
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•Earlier this week, the iconic American department store chain Macy’s announced its plans to shut over 125 stores and cut down over 2000 jobs. The company has shut down its headquarters in Cincinnati and tech offices in San Francisco. These changes are a result of massive restructuring exercise underway at Macy’s to reduce their burden…
Platform enabling seed stage companies connect with angel investors.
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•Zero commission bank, Marquee Equity, has released its accredited investor platform, which helps seed stage companies get meetings with angel investors across the U.S. and internationally. “We have traditionally focused on delivering a stack that helps customers get in front of institutional investors. Doing this, we’ve been able to map out and provide access to…
Rockwell Automation and Schlumberger Announce Closing of Sensia Joint Venture
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•Rockwell Automation (NYSE: ROK) and Schlumberger (NYSE: SLB) has announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider. The joint venture leverages Schlumberger’s deep oil and gas domain knowledge and Rockwell Automation’s rich automation and information expertise to address this fast-growing market. “Sensia…
Hilton Ranked #2 Workplace in Fortune and Great Place To Work Survey
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•Hilton, the leading global hospitality company, has been named as one of the World’s Best Workplaces by Fortune magazine and Great Place to Work. For the second consecutive year, Hilton has ranked #2 on the list of the top 25 companies and remains the only hospitality company on the list. Over the past four years,…
MSCI Completes Acquisition of Carbon Delta
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•MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, has announced that its subsidiary MSCI Barra (Suisse) Sàrl has completed its acquisition of Zurich-based environmental fintech and data analytics firm specializing in climate change scenario analysis, Carbon Delta AG (“Carbon Delta”). The agreement was originally announced on…
HireRight Strengthens Global Offering with Two Key Acquisitions in Japan and Australia
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•HireRight, one of the leading employment screening and verification company with a presence in over 200 countries, has announced the acquisition of J-Screen and PeopleCheck, the leading background screening providers based in Tokyo, Japan, and Newcastle, Australia. HireRight, headquartered in Irvine, CA, is one of the leading providers of global employment background checks, drug testing,…