CHILE

State Street Appointed to Provide Investment Services to AZ Quest, Further Expanding Presence in Latin America

Retrieved on: 
Wednesday, March 20, 2024
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Head, Growth, STT, State Street Corporation, FX, State Street, State

State Street Corporation (NYSE: STT) today announced that it has been selected to provide fund accounting, fund administration and investor servicing for AZ Quest, an asset manager based in Sao Paulo, Brazil.

Key Points: 
  • State Street Corporation (NYSE: STT) today announced that it has been selected to provide fund accounting, fund administration and investor servicing for AZ Quest, an asset manager based in Sao Paulo, Brazil.
  • State Street will provide this range of services to the AZ Quest Fund SPC and its segregated portfolios.
  • “We are pleased to announce this relationship with AZ Quest, as we continue to expand our capabilities across the region, furthering our goal of supporting leading institutional clients throughout Latin America,” said Marcia Rothschild, State Street head of Latin America.
  • "We look forward to working with AZ Quest to help generate and sustain growth to meet their investment objectives.”
    Today’s announcement strengthens State Street’s continued growth in Latin America.

Global Data Center Colocation Market Outlook & Forecast: A USD 46.3 Billion Market by 2028, Registering CAGR of 7.25% from 2022 to 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024
Technology, Data Management, Cloud, Electricity, Growth, Prevalence, Virtual reality, Agriculture, Internet of things, Blue, IEX, Isotopes of neon, HPC, ARM, AI, Wind, City, Investment, UPS, Intellectual property, USD, Government, ICT, Video game

The data center colocation market was valued at USD 30.42 billion in 2022 and is forecast to grow at a CAGR of 7.25% from 2022 to 2028, reaching USD 46.3 billion in 2028

Key Points: 
  • The data center colocation market was valued at USD 30.42 billion in 2022 and is forecast to grow at a CAGR of 7.25% from 2022 to 2028, reaching USD 46.3 billion in 2028
    The European data center colocation market is attracting substantial investments, with Western Europe drawing the focus of those global operators seeking to extend their presence.
  • Cloud-based services, smart city developments, and fiber connectivity are the other factors driving continuous colocation data center investments across the region.
  • Companies in the global data center colocation market focus on using renewable energy as their main power source.
  • These factors have accelerated data center developments to process the information at par with the major countries and supported the data center colocation market growth.

Fundación MAPFRE names three finalists from U.S. in global Social Innovation Awards

Retrieved on: 
Monday, March 18, 2024
General Health, Professional Services, Philanthropy, Sustainability, Technology, Environment, Health Insurance, Foundation, Green Technology, Insurance, Other Technology, Health, Innova, Sanitation, IE University, Social innovation, Partnership, Knowledge, CLIP, Quality of life, MAPFRE, Ecosystem, Multimedia, Ageing

Fundación MAPFRE today announced three projects from the U.S. will advance to its Social Innovation Awards grand finale in May.

Key Points: 
  • Fundación MAPFRE today announced three projects from the U.S. will advance to its Social Innovation Awards grand finale in May.
  • The awards, in its seventh year and launched in partnership with IE University , recognize projects with the potential for strong social impact in three categories: e‑Health, safe and sustainable mobility and the senior economy.
  • View the full release here: https://www.businesswire.com/news/home/20240318335702/en/
    The finale, held at the Reina Sofia Museum in Madrid, Spain, will also feature finalists from Spain, Germany, Malta, Chile, Colombia and Brazil.
  • 379 projects were submitted to the competition, with 12 finalists advancing, and one winner from each category walking away with €40,000 to help fund their project.

Allonnia Launches Mining Advisory Board to Support Development and Integration of Biological Solutions for the Mining Industry

Retrieved on: 
Thursday, March 14, 2024
Recycling, Health, Mining, Minerals, Environment, Sustainability, Natural Resources, Biotechnology, Exploration, Ontario Teachers' Pension Plan, Thiokol, Risk, BHP, Copper, Research, Key Tronic, Engineering, Metallurgy, Mineral, Society, Newmont, Nickel, Senior advisor, Rio Tinto, Lithium, International Finance Corporation, World Bank, Teaching

Allonnia , the bio-ingenuity company dedicated to extracting value where others see waste, today announced the establishment of their Mining Advisory Board.

Key Points: 
  • Allonnia , the bio-ingenuity company dedicated to extracting value where others see waste, today announced the establishment of their Mining Advisory Board.
  • Consisting of mining industry experts from academia, mining majors, and private institutions, the Board will support Allonnia with developing and delivering transformational biological solutions tailored to the mining industry.
  • “The mining industry is at a critical inflection point, and biotechnology offers a range of new solutions,” said Chuck Price, Chief Commercial Officer of Allonnia.
  • “This Mining Advisory Board brings together some of the most experienced minds in mining to collaborate on new approaches for the industry’s most pressing challenges.

Xerox Announces Sale of Argentina and Chile Direct Business to Grupo Datco

Retrieved on: 
Tuesday, March 12, 2024
Data Management, Consumer Electronics, Retail, Technology, Software, Office Products, Hardware, Growth, XRX, Reinvention, Workforce

“As Xerox continues its Reinvention journey, the company is committed to helping our clients reach their goals.

Key Points: 
  • “As Xerox continues its Reinvention journey, the company is committed to helping our clients reach their goals.
  • Grupo Datco will continue to service Xerox devices previously sold in Argentina and Chile and will become the exclusive partner for Xerox in these markets.
  • "Grupo Datco's ability to offer Xerox's products and solutions in Argentina and Chile will generate new growth opportunities and a long-term business plan, with a priority being placed on preserving its talented workforce.
  • At Grupo Datco we always focus on growth, synergies, and long-term development.”
    Financial terms of the transaction were not disclosed.

ReposiTrak Adds 10 New Suppliers to Its Rapidly Expanding Food Traceability Network

Retrieved on: 
Tuesday, March 12, 2024
Environment, Technology, Software, Sustainability, Food, Beverage, Data Management, Agriculture, Supply Chain Management, Retail, Natural Resources, RTN, FDA, Software as a service, KDES-FM, TRAK, CTE

ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of ten produce companies to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, today announced the addition of ten produce companies to the ReposiTrak Traceability Network® (RTN).
  • A salmon supplier from Chile, recognized as the world’s second largest producer
    The largest importer of Chilean Kiwifruit, Asian Pears, and Quince
    "The ReposiTrak Traceability Network works for full, end-to-end traceability or, a more modular approach," emphasized ReposiTrak CEO Randy Fields.
  • “These 10 suppliers joined because they were invited by one or more of their customers.
  • However, we welcome suppliers to join who are ready to use traceability as a competitive advantage.”
    The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation.

Cencosud reinforces its corporate structure and creates a new Retail Ecosystem management team

Retrieved on: 
Tuesday, March 12, 2024
Discount, Variety, Department Stores, Wine & Spirits, Supermarket, Specialty, Home Goods, Food, Beverage, Fashion, Supply Chain Management, Retail, Real estate, Ecosystem, Innovation, Agility, CFO, Department store, Cencosud, Sustainability, Administration, Management, Home improvement

As of Monday, March 11, Cencosud S.A. has in place a new corporate organizational structure, with the purpose of accelerating its five-pillar strategic plan.

Key Points: 
  • As of Monday, March 11, Cencosud S.A. has in place a new corporate organizational structure, with the purpose of accelerating its five-pillar strategic plan.
  • This will be driven by an innovative culture that positions Cencosud as an industry leader and sets benchmarks at a global level.
  • Among the key changes disclosed by the Company is the creation of the new Corporate Management of Retail Ecosystem which will be led by Ricardo Bennett, who most recently was Department Stores Manager.
  • The corporate managements that now report to the CEO are: People, Administration and Finance, Real Estate, Retail Ecosystem, and Legal and Institutional Relations.

PissedConsumer.com Recognized as One of America's Fasting-Growing Companies of 2024

Retrieved on: 
Thursday, April 4, 2024
Growth, Communication, Financial Times, Statista, Real-time

NEW YORK, April 4, 2024 /PRNewswire-PRWeb/ -- The Financial Times has recognized PissedConsumer.com as one of America's fastest-growing companies of 2024 in its annual rankings.

Key Points: 
  • The Financial Times and Statista named online consumer advocacy and review website, PissedConsumer.com, as one of America's Fastest-Growing Companies of 2024.
  • NEW YORK, April 4, 2024 /PRNewswire-PRWeb/ -- The Financial Times has recognized PissedConsumer.com as one of America's fastest-growing companies of 2024 in its annual rankings.
  • The Financial Times partnered with Statista, to identify and award the 500 companies demonstrating the strongest revenue growth between 2019 and 2022 across The Americas.
  • "We're excited to be included in this list of growing companies," said Michael Podolsky, CEO of PissedConsumer.com.

Levita® Magnetics Achieves First Deployment of MARS™ Surgical System in a Private Institution

Retrieved on: 
Thursday, April 4, 2024
Bariatric surgery, Patient, Hospital, Prostate, Magnetism, Surgeon, Cleveland Clinic, Bypass surgery, Pain, Cholecystectomy, FDA, Health, Medical imaging

MOUNTAIN VIEW, Calif., April 4, 2024 /PRNewswire/ -- Levita Magnetics, whose mission is to expand patient access to advanced surgical care, today celebrates a key advancement in minimally invasive surgery with the deployment of its MARS surgical system at a North Texas-based hospital. This marks a significant milestone as the first implementation of the MARS system in a private institution, representing a critical development in the global expansion of the technology. This expansion follows Levita's recent international introduction in Chile and its first commercial application in the U.S. at Cleveland Clinic in late 2023.

Key Points: 
  • This marks a significant milestone as the first implementation of the MARS system in a private institution, representing a critical development in the global expansion of the technology.
  • "The introduction of the MARS system in Dallas represents a meaningful and impactful advancement in our surgical capabilities," said Dr. Chad Carlton.
  • The MARS system, an FDA-approved surgical platform, innovatively combines magnetic technology and machinery to minimize incisions, enhance visualization, and streamline laparoscopic surgery.
  • MARS builds on the clinical benefits of the Levita Magnetic Surgical System®, incorporating proprietary Dynamic Magnetic Positioning technology with dual surgeon-controlled arms.

Lucas Oil Premium Motor Oils to Hit South American Markets Through VT Batteries

Retrieved on: 
Thursday, April 4, 2024
Health, Partnership, Motorcycle, Light, Commercial, Senior, Lubricant, Paulo, Drug

The deal will bring Lucas Oil's premium motor oil products to new South American markets, including Argentina, Brazil, Chile, Columbia, Ecuador, Peru and Uruguay, marking an important milestone in the company's global expansion efforts.

Key Points: 
  • The deal will bring Lucas Oil's premium motor oil products to new South American markets, including Argentina, Brazil, Chile, Columbia, Ecuador, Peru and Uruguay, marking an important milestone in the company's global expansion efforts.
  • Under this exclusive agreement, VT Batteries will utilize its extensive network to deliver Lucas Oil's premium range of motor oils to a diverse customer base across the continent.
  • "We are very pleased to partner with VT Batteries to distribute our high-performance lubricants in South America," said Shane Burns, Senior Vice President of Global Sales for Lucas Oil.
  • "We are delighted to partner with Lucas Oil as their exclusive motor oil distributor," said Jose Miguel Alvarez, Commercial Director of VT Batteries.