Economy News

Accumulate a wealth of knowledge on the companies and organizations that are driving local, national and international discussion on the economy. Get the inside scoop on economic education, indices, growth, research as well as the partnerships and people influencing economies all over the world.

BDA Advises Doosan E&C on Sale of Its Heat Recovery Steam Generator Business to GE Power

BDA Partners is pleased to announce that its client, Doosan Engineering & Construction Co Ltd (“Doosan E&C”), a leading Korean construction company, has agreed to sell its heat recovery steam generator business, Doosan E&C HRSG, for KRW300bn (US$260m) to GE Power, a division... - May 11, 2016 - BDA Partners Ltd

Michael J. Sacksteder, Partner, Fenwick & West LLP to Speak at the KC’s Event

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Michael J. Sacksteder, Partner, Fenwick & West LLP will speak at the Knowledge Group’s webcast entitled: “Sweeping Developments in Patent... - May 11, 2016 - The Knowledge Group

Issue of Equity as of May 4, 2016 and Correction to Press Release of May 3, 2016 by Geo Global Group Ltd.

Geo Global Group Ltd formerly quoted on the ISDX market in London, and currently Private announces that its Board of Directors has approved the previously announced issuance of 200 million shares for the consideration of the purchase of Helm Natural Resources Ltd, to be known as Geo Natural... - May 08, 2016 - Geo Global Group Ltd

Stella Homes Forms Stella Realty Group - Joins Volusia Building Industry Association

Stella Homes, Inc Announces the Formation of Stella Realty Group a Florida Real Estate Corporation – Joins the Volusia Building Industry Association. - May 07, 2016 - Stella Homes

Esteemed Lifetime VIP Member, John M. Lalli, Has Been Recognized by America’s Registry of Outstanding Professionals as Bio of the Month of June 2016

John M. Lalli of Pearl River, New York has been selected as a lifetime VIP in America’s Registry of Outstanding Professionals for his achievements and accomplishments in the field of Information Technology Management. He has also achieved recognition as the Bio of the Month of June 2016 and has been inducted into the America’s Hall of Fame. - May 06, 2016 - America's Registry of Outstanding Professionals

Geo Global Disposes of U.S. Subsidiary and Implements Management Changes

Geo Global Group Ltd. (“Geo Global”), a Marshall Islands Company formerly listed on the ISDX Market in London and RB Consultancy Ltd. (“RBC”) have entered into an agreement and Geo Global Group Ltd. shuffles management and names new CEO. Former CEO becomes Chairman. - May 03, 2016 - Geo Global Group Ltd

Pendo Releases State-of-the-Art Data Exploration, Discovery, and Analysis Platform

Pendo Systems releases innovative tech solution in the wake of FDIC living will test failures. - May 02, 2016 - Pendo Systems

Madison Street Capital Arranges $2.5MM Equity Facility for GMS-Pavilion Properties, LLC

International investment banking firm, Madison Street Capital, acted as the exclusive financial advisor in arranging a $2.5MM equity facility for its client, GMS-Pavilion Properties, LLC. Based in Bloomington, IN, GMS-Pavilion Properties is a real estate development and construction company that... - April 20, 2016 - Madison Street Capital

Brexit Fears Cause 10% Drop in Permanent Job Opportunities Report CV Screen

Decrease of 10% year-on-year for available jobs; Increase of 14% year-on-year in application rates; Brexit worries causing uncertainty in the permanent jobs market in the UK; Demand for candidates with strong Digital Marketing, Web Development and Software development remains high. - April 19, 2016 - CV Screen Ltd

CEX.IO Bitcoin Exchange Launches Ether Trading, Adds ETH/BTC and ETH/USD Pairs

CEX.IO Bitcoin exchange launched trading Ethers, currency used by the Ethereum decentralised platform that runs smart contracts. CEX.IO users are now able to buy and sell ETH for Bitcoins and US Dollars. Following trends, CEX.IO has expanded the range of currencies traded on the exchange with... - April 13, 2016 - CEX.IO

CSE: A True Story of Global Innovation in Sustainability, the Creation of a New Sector with Thousands of New Companies and Jobs

How the Centre for Sustainability, a global leader in certified training and consulting on Corporate Responsibility, has contributed to the creation of thousands of new Sustainability and CSR related positions globally. - April 09, 2016 - Centre for Sustainability and Excellence

Madison Street Capital’s Chief Operating Officer, Anthony Marsala, Announced as 7th Annual Emerging Leaders Award Recipient

Madison Street Capital (MSC), a leading international boutique investment bank, is proud to announce that Anthony Marsala, MSC’s Chief Operating Officer, was honored as a winner of The M&A Advisor’s 7th Annual Emerging Leaders Award. Anthony was selected based on his... - April 08, 2016 - Madison Street Capital

NERETA Announces Industry Cluster Development Pioneer, Eric Hansen of ETG Will Lead NERETA Summit Training to Spur Manufacturing Growth in the US

World renowned industry cluster development expert, Dr. Eric R. Hansen, President of Economic Transformations Group, Inc., will be lead trainer for upcoming NERETA Summit and post-conference course (http://summit.nereta.org). The NERETA Summit being held in Clinton, NJ April 27-29, will teach local leaders from around the country (workforce development, economic development and higher education professionals) how to align their resources and capabilities to grow manufacturing in their regions. - April 07, 2016 - North East Regional Employment and Training Assoc

Looking for FinTech Training? The First FinTech School is Here

Led by Entrepreneurs & Industry Thought-Leaders, the FinTech School Seeks to Train Millions of Financial Services Professionals on the Vital FinTech Innovation Skills to Lead Digital Transformations and Launch New FinTech Products & Services - April 06, 2016 - FinTech School

Maria E. Celis, Partner, Neville Peterson LLP to Speak at the KC’s Event

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Maria E. Celis, Partner, Neville Peterson LLP to Speak at the KC’s event will speak at the Knowledge Group’s webcast entitled:... - April 05, 2016 - The Knowledge Group

The Bristol and Chesterfield Group Submits in Less Than 32 Days

The Bristol and Chesterfield Group submitted the FSS Application for MIRI Trading in 32 days. This is the quickest submittal they have ever had. - April 04, 2016 - The Bristol and Chesterfield Group

200 Economic Development Professionals Meet in Arlington to Discuss Federal Policy

International Economic Development Council Holds Country’s Only Comprehensive Federal Economic Development Policy Annual Event. - April 01, 2016 - International Economic Development Council

High-Level Federal Officials to Speak at IEDC’s 2016 FED Forum

15 Plus Federal Agencies Represented at Federal Economic Development Policy Event - April 01, 2016 - International Economic Development Council

CU Appraisal Services: Making History as a CUSO

With the recent investment by CU Advantage, Inc. CU Appraisal services is now the first and only Appraisal Management Company, Credit Union Service Organization in the country. - March 31, 2016 - CU Appraisal Services

NERETA Summit Will Help Establish Regional “Eco-Systems” to Spur Manufacturing Renewal Across the US

The NERETA Summit being held in Clinton, NJ, April 27-29, will teach local leadership (workforce development, economic development and higher education professionals), how to align their resources and capabilities to focus on growing manufacturing in their regions. (summit.nereta.org) - March 29, 2016 - North East Regional Employment and Training Assoc

All In Web Pro Announces Open Call for Vegas Visionaries Interview Series

All in Web Pro, a Las Vegas Web & Graphic Design company, is announcing an open call for a new community benefit project, Vegas Visionaries. The project is an ongoing series of interviews of local visionaries who have a specific vision for how to make Las Vegas a more thriving & sustainable place and are already working to make their vision a reality. Anyone can apply, visit. http://allinwebpro.com/press-releases/all-in-web-pro-announces-open-call-for-vegas-visionaries/ - March 25, 2016 - AllInWebPro.com, LLC

Ivy Exec and Rutgers University Announce Winner of Mini-MBA Scholarship

Rutgers Business School recently hosted a scholarship campaign exclusively with Ivy Exec, in which one Ivy Exec member would be awarded a full scholarship to the April 11-15, 2016 Rutgers Mini-MBA: Supply Chain in a Digitized Network Program. Out of 86 qualified applicants for this prestigious... - March 25, 2016 - Ivy Exec

LichtensteinRE Just Completed $680,400 Sale of 2nd Parcel in Brighton Beach, Brooklyn Development Site Assemblage

Andrew Lichtenstein, President of LichtensteinRE, is proud to announce the culmination of a development assemblage site in Brooklyn after selling a development site located at 3018 Brighton 5th Street in the Brighton Beach section of Brooklyn, for $680,400 all cash. This development site was added... - March 23, 2016 - LichtensteinRE

Embracing Our Cuban Neighbors: A Smart Business Decision

A select regional delegation of more than 40 representatives from the public and private sectors from the District of Columbia, Maryland, and Virginia traveled to Havana on an official mission organized by VamosGlobal. The purpose of the mission was clear: to see the country and explore... - March 18, 2016 - VamosGlobal

No Disrespect Market Watch 2016 But Re/Max Realty Team Has More Data to Consider

SW Florida real estate is always a hot topic of discussion amongst buyers, sellers, industry experts, and so many others calling Southwest Florida home! Recently, the annual Market Watch had the community buzzing once again about real estate. No doubt Market Watch has developed into a “take... - March 16, 2016 - RE/MAX Realty Team

Collin Barrow Examines the UPX Economics and Long Term Gain for Canada's Prosperity

Canada has lots to gain from the UPX transportation infrastructure project yielding first class results and a positive outcome over the course of time. There has been much discussion and debate about the Union Pearson Express (UPX) over the past several weeks regarding its financial and operating... - March 16, 2016 - Collins Barrow

Down Syndrome in the Workplace - Making a Contribution to Our Economy Campaign

Although our society is learning to be more accepting of others' differences, it is still very difficult for adults with Down syndrome to find employment. A rewarding career that will pay them for their work. So as the world is preparing for World Down Syndrome Day on March 21, 2016, over at Special & Determined, they have already started celebrating individuals with Down syndrome who are living the American Dream by owning their own businesses or who have found fulfilling employment. - March 12, 2016 - Special & Determined

Memorandum of Understanding (MoU) Signed by Mediterranean Bank Network (MBN) and The Association of the Mediterranean Chambers of Commerce and Industry

The Memorandum of Understanding signed by Marika Huber, Manging Director of the MBN, and Anwar Zibaoui, Coordinator of ASCAME aims to promote investments in the Mediterranean region, as well as funding for SMEs and start-ups. - March 11, 2016 - Mediterranean Bank Network

KOSBE Executive Director Appointed to Tennessee Education Lottery (TEL) Advisory Council

TEL adds Aundrea Y. Wilcox to represent the Eastern division of Tennessee. - March 11, 2016 - Kingsport Office of Small Business Development & Entrepreneurship - KOSBE

KOSBE Launches Expanded 2016 GrowthWheel® Program

East Tennessee small businesses can now use the GrowthWheel® business tool to increase revenue and market share. - March 11, 2016 - Kingsport Office of Small Business Development & Entrepreneurship - KOSBE

Vocalcom Continued to Reign as Contact Center Software Leader for the 4th Quarter in a Row

Insightly, LiveChat and Vocalcom lead GetApp’s Q1 2016 rankings for CRM, Customer Service, and Contact Center Software. - March 10, 2016 - VOCALCOM

pH Miners Launches Powerful Cryptocurrency Miners for Bitcoin and Litecoin

New York-based PH Miners Inc. (www.phminers.com) has announced the launch of two powerful miners for leading cryptocurrencies bitcoin and litecoin, allowing users to easily process transactions and track the release of new digital coins. Bitcoin has risen dramatically in value in recent times... - March 02, 2016 - pH Miners Inc.

Economic Development Incentives Inc. Announce Successful Financing for a Majority of All MA Brownfields Tax Credit Dollar Closings for 2012-2014

Bob Dorfman and Hal Davis of Economic Development Incentives Inc. announce successful financing for a majority (59%) of all MA Brownfields Tax Credit dollar closings for calendar years 2012 through 2014 (average), based on statistics recently published by MA Department of Revenue (DOR). - February 26, 2016 - Economic Development Incentives Inc.

Newark Community Economic Development Corporation CFO, Kevin Seawright, Helps Local Youth Secure Summer Employment

Kevin Seawright hopes his company’s participation in the upcoming Youth Summer Employment program will provide Newark students with the tools they need to graduate and achieve success. - February 26, 2016 - Newark Community Economic Development Corporation

CommLab India Revamps Blog Site to Meet Changing Needs of Training Professionals

CommLab India, a leading technology-enabled learning solutions provider has revamped its blog design to better cater to the needs of training professionals. Through its custom training and learning blogs, it has pioneered new ways of using e-learning to enhance employee performance and attain... - February 21, 2016 - CommLab India

RastafariUnion Golden Jubilee Celebration - Emperor Haile Selassie I of Ethiopia Visit to Jamaica

RastafariUnion is hosting a seven-day celebration and informational symposium highlighting one of the most significant events in Jamaican history, an event that was the catalyst for the global spread of Reggae Music, Emperor Haile Selassie I of Ethiopia's visit to the island. The celebrations will highlight food, fashion and cultural entertainment from around the world centered on the Jamaican culture that inspired it, Rastafarians and their Roots Reggae Music. - February 20, 2016 - RastafariUnion

Universum Appoints Leading Industry Executive China Gorman

China Gorman, formerly global CEO of Great Place to Work® and Chief Operating Officer/Interim CEO for SHRM, will join Universum as Chairman of the Board for North America. - February 19, 2016 - Universum

New Research by yStats.com: the Penetration of Alternative Online Payment Methods Varies Worldwide

Germany-based secondary market research firm yStats.com has published a new report, titled “Global Alternative Online Payment Methods: Second Half 2015.” According to the report’s findings, the rank of alternative payment methods compared to credit card in online retail varies across regions and countries, but offering online shoppers their preferred payment method remains an important consideration for merchants worldwide. - February 18, 2016 - yStats.com GmbH & Co. KG

IEDC Celebrates Economic Development Week from May 8-14

Celebration will bring awareness to the economic development industry and professionals - February 16, 2016 - International Economic Development Council

First Businesses Approved for Colorado's New "Tax Holiday"

Tax Credit Program Unique to Colorado Expected to Grow Entrepreneurship, Advanced Technology and Manufacturing Industries in State - February 13, 2016 - Grand Junction Economic Partnership

North American Overseas Pellet Exports Rose for the Second Consecutive Quarter to Reach a New Record High in the 3Q/15 with the US South Shipping 77% of the Volume

The wood pellet industry keeps investing in new production capacity in the US South because of higher pellet demand in the United Kingdom, reports the North American Wood Fiber Review. In the 3Q/15, 77% of North America’s pellet exports were from the southeastern US. - February 11, 2016 - Wood Resources International LLC

Trade of Logs in Baltic Sea Region Fell 10% in 2015 Because of Substantially Lower Demand for Softwood Pulplogs in Finland and Sweden, Reports the Wood Resource Quarterly

After reaching a record high in 2014, log trade in the Baltic Sea fell by 10% in 2015. Most of the decline was that of softwood pulplogs, while trade of sawlogs actually increased to reach its highest level since 2007, according to the Wood Resource Quarterly. Russia has been surpassed by the Baltic States as the major softwood log supply region. - February 11, 2016 - Wood Resources International LLC

The Import Value of Logs and Lumber to China Has Fallen by 25% in 12 Months Because of Declining Housing Constructions

The reduction in house construction in China has resulted in a substantial decline in the importation of forest products during 2015, reports the Wood Resource Quarterly. The total value of imported softwood logs and lumber has fallen 25% and import prices have declined almost 30% that past 12 months. - February 03, 2016 - Wood Resources International LLC

On the Move Corporation Ends January with Three New Closings on South Florida Convenience Stores/Gas Stations

On the Move Corporation (“OTM”) announced today that it has closed on three convenience stores/gas stations in South Florida to add to the On the Move brand. These units, located in Jupiter, Wellington and Boynton Beach are in addition to the two units they opened in Royal Palm Beach,... - February 02, 2016 - On the Move Corporation

A New Report by yStats.com: Double-Digit Growth Rates for B2C E-Commerce Sales in Eastern Europe

Germany-based secondary market research company yStats.com has published a new report about the world’s fourth largest region in B2C E-Commerce sales. The publication, titled “Eastern Europe B2C E-Commerce Market 2015,” reveals that despite the double-digit growth of B2C E-Commerce sales in Eastern European markets, the regions’ combined share of global B2C E-Commerce is predicted to remain unchanged for the next four years. - January 23, 2016 - yStats.com GmbH & Co. KG

Consumers Interstate Corporation Names Ivan Owen 2015 Salesperson of the Year

Consumers Interstate Corporation (CIC) of Norwich, Connecticut is pleased to announce that Ivan Owen has been named the recipient of the esteemed Salesperson of the Year award, for the second year in a row. The announcement was made by Kenn Fischburg, CIC’s CEO and Owner, at a company-wide... - January 22, 2016 - Consumers Interstate Corporation

On the Move Corporation Ends Year with Opening of Convenience Stores/Gas Stations in Royal Palm Beach, Florida

On the Move Corporation (“OTM”) announced today that it had entered into leases to operate two convenience stores/gas stations in Royal Palm Beach, Florida on under the On the Move brand. This announcement comes on the heels of the company's previous press release stating the completion... - January 18, 2016 - On the Move Corporation