Member News

Member News

Stout | Energy Industry Update, Q2 2021: Sustained Momentum

The second quarter of 2021 revealed continued momentum for energy-sector benchmarks. U.S. crude oil prices increased 24.2% during the quarter to $73.47 per barrel by June 30th. WTI prices rose steadily through the quarter as strong economic activity and increasing travel drove hydrocarbon demand. The drilling rig count rose by 53 rigs (per Baker Hughes) during the second quarter of 2021, which represented another solid quarterly rig count expansion (driven primarily by private oil & gas companies) continuing the...

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Member News

The Basque Country and the Commonwealth of Virginia sign a MoU for the development and implementation of renewable energies

The Basque Country and the Commonwealth of Virginia will be collaborating in the development and implementation of technologies applied to renewable energies, as well as energy efficiency and storage. This is the outcome of the MoU signed on August 24th between the Basque Minister of Economic Development, Sustainability, and the Environment, Arantxa Tapia, and the Secretary of Commerce and Trade from the State of Virginia, Brian Ball. The two institutions are committing themselves to work together in areas such as wind...

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Member News

AlixPartners | In sea of uncertainty, how should retailers plan for 2022?

Even before the world first heard of COVID-19, retailers had been rightly questioning if their traditional planning process was broken. Consumers’ behavior has become much more fickle, while their expectations from retailers have shot up over the last few years. Simply plugging in the prior year’s numbers, then, was already beginning to feel unreliable and incomplete. But the onset of the pandemic has completely upended planning. Considering how much the world and consumer behavior has changed over the last 18 months, trends and numbers...

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Member News

BBGFX | September 2021 FX Outlook

The US dollar was driven to new highs for the year in recent weeks by a combination of another signal that the Federal Reserve was still on track to taper before the end of the year and concerns about global aggregate demand.  The spread of the contagion has exacerbated the slowdown already seen in parts of Asia.  China's efforts to curb steel output and recognition that the US infrastructure initiative may be smaller than expected were separate sources of...

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COVID-19 News, Member News

Cozen O’Connor | Green Card Applicants Must Receive the COVID-19 Vaccine

On August 24, 2021, the U.S. Centers for Disease Control and Prevention (CDC) announced a new policy that will require foreign nationals applying for a U.S. permanent resident card (green card) to be fully vaccinated against COVID-19. Beginning on October 1, 2021, all green card applicants must submit proof of COVID-19 vaccination as part of their Form I-693 medical examinations. Any individual who refuses to be vaccinated, and does not qualify for any of the agency's limited exemptions, will...

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Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | European Payments and Liquidity Management for Corporates Post-Brexit

With the help of our members, this thought-leadership series focuses on explaining what businesses should expect from the new reality of Brexit – in essence, with “Brexit, What’s Next?”. Today, we present Karen Sloan, Head of Corporate Cash Management Sales for HSBC Continental Europe. She will address: “European Payments and Liquidity Management for Corporates Post-Brexit”. | What you need to know to navigate the changing landscape Transactional banking services such as payments and liquidity management have been a focus in Europe over the...

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Brexit News, Member News

EACCNY “Brexit, What’s Next?” Series | The impact of Brexit’s immigration upheaval on the UK’s workforce

With the help of our members, this thought-leadership series focuses on explaining what businesses should expect from the new reality of Brexit – in essence, with “Brexit, What’s Next?”. Today, we present Gergana Kostova-Pehlivanova, Ph.D., Senior Economist at AIG GLOBAL ECONOMICS, and based in New York; along with Vanessa Ganguin, Partner (Consultant) at GQ|LITTLER, and based in London. They will address: “The impact of Brexit’s immigration upheaval on the UK’s workforce”. | The chaos of the COVID-19 pandemic has obscured as...

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COVID-19 News, Member News

Ad Altius | Pandemic PTSD in Business is Real: Here’s What to Do About It

We hope you enjoy this exclusive article written by Thomas Brown, CEO of AD ALTIUS ADVISORS | The COVID-19 pandemic has been the most traumatic global event in generations. When we consider the costs of this trauma, we rightly think first about those whom we’ve lost and those they left behind, perhaps followed by those whose livelihoods were taken away. In the business community, we might focus on the billions of dollars in value that were erased. All of these...

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Brexit News, Member News

Faegre Drinker | Data Transfers: U.K. Proposes New Tools and Approach

The United Kingdom Information Commissioner’s Office (ICO) recently launched a consultation regarding the transfer of personal data outside of the U.K. The ICO is seeking comment on its draft international data transfer agreement and related guidance. This consultation follows the U.K.’s departure from the European Union. Although the U.K. left the EU’s legislative framework, the U.K. adopted the General Data Protection Regulation into domestic law (to become the so-called UK GDPR) so many of the same principles apply to data...

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Member News

Jaguar Freight | Taking On Climate Change in the Face of Disruption

In this week’s Roar, we have the world’s first autonomous 7MWh electric cargo ship, Maersk’s $1.4B investment in 8 new carbon-neutral vessels, record-breaking supply chain disruptions, stretched U.S. inland transits, and a looming UK customs regime for exports. As the industry races to address its part in the rise of global greenhouse gas emissions, companies like Norwegian-based Yara International are quickly making a name for themselves as leaders of the search for sustainability. According to electrek, the company “claims to have created...

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