Company Announcements

T-Mobile Data Break: US Company Says 37 Million Customers' Data Exposed In August 2021, the company admitted its systems were hacked into, including social security numbers, names, addresses, and driver's license information. US…
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UK-Based Flood Insurer to Launch in US Parametric flood insurance company FloodFlash has announced that it has entered the US insurance market. The UK-based company said it is the first insurance provider to pay catastrophic flood claims…
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Saudi Aramco Increases Access to North America’s Largest Oil Refinery as It Launches New US Subsidiary RIYADH: Saudi Aramco’s global trading arm has bought US firm Motiva Trading as it seeks to expand its footprint across North and South…
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Electrolux Plunges on Mounting Loss in North American Business (Bloomberg) -- Electrolux AB fell the most in six months in Stockholm trading after the Swedish appliance product maker reported a loss that was about four times bigger than…
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Nasa Names Indian-American AC Charania as New Chief Technologist NASA has named Indo-American aerospace industry expert A.C. Charania as its new chief technologist to serve as principal advisor on technology policy and programs NASA has…
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Bimbo Launches Business Accelerator in Latin America MEXICO CITY — Grupo Bimbo SAB de CV announced the launch of Bimbo Open Door, a business accelerator to invest in Latin American bakery and snacks projects that align with at least one of…
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Coca-Cola Names New President of North America Operations ATLANTA —Jennifer Mann will be the next president of the Coca-Cola Co.’s North America operating unit, the company announced Aug. 23. Ms. Mann will take over the role from…
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American Media Giants NBC News, MSNBC Lay Off Employees in 'Double Digits' According to CNN, the laid off number was around 75 and the staff cuts affected across the divisions Media giants NBC News and MSNBC have laid off employees in…
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