POST Online Media Lite Edition



 

Highlights: April 19, 2021 - April 24, 2021

Christian Fernsby |
Events of the last week.

Article continues below




Melrose to sell Nortek Air Management for $3.63 billion

Nortek Air ManagementaMelrose Industries announced that it has entered into an agreement to sell its Nortek Air Management business, comprising the Nortek Global HVAC (GHVAC) and Air Quality & Home Solutions (AQH) segments, to Chicago-based Madison Industries for consideration of approximately $3.625 billion, payable in cash on completion, subject to certain adjustments....

Peoples Financial Corporation Q1 net income up nicely

Peoples Financial CorporationaPeoples Financial Corporation, parent of The Peoples Bank, announced earnings for the first quarter ending March 31, 2021....

Abbott Laboratories Q1 sales increased 35.3 percent

Abbott LaboratoriesAbbott Laboratories maintained its earnings and adjusted earnings guidance for the full-year 2021....

Beijing GDP rises 17.1% in Q1

BeijingaBeijing's GDP totaled 891.6 billion yuan (about 136.7 billion U.S. dollars) in the first quarter of 2021, up 17.1 percent year on year, according to the Beijing Municipal Statistics Bureau on Monday....

Bosnia and Herzegovina posts 16.6 pct export increase in Q1

SarajevoaBosnia and Herzegovina's (BiH) goods exports in the first three months (Q1) of 2021 totaled 3.1 billion KM (1.9 billion U.S. dollars), up 16.6 percent year-on-year, said the country's Agency for Statistics....

South Korea's export grows 45.4 pct in 20 days of April

South KoreaaSouth Korea's export grew in double figures in the first 20 days of this month, showing signs of recovery from the economic fallout of the COVID-19 pandemic, customs office data showed Wednesday....

Great Lakes Cheese to expand into Abilene, Texas, create 500 new jobs

Great Lakes CheeseaGreat Lakes Cheese will establish a new Packaging and Distribution Facility in Abilene, Texas....

Bank First Corporation Q1 net income up 57%

Bank First, N.AaBank First Corporation, the holding company for Bank First, N.A., reported net income of $11.5 million, or $1.49 per share, for the first quarter of 2021, compared with net income of $7.3 million, or $1.03 per share, for the prior-year first quarter....

JBS buys Vivera for 341 million euros

JBSaJBS has entered into an agreement to purchase Vivera, Europe's third-largest plant-based food company, for an enterprise value of 341 million euros....

Hammerson disposes of retail parks portfolio for 330m pounds

HammersonaHammerson has exchanged unconditional contracts on the portfolio sale of its seven retail park assets to Brookfield for 330m pounds cash proceeds, representing an 8% discount to the 31 December 2020 book value of 357m pounds....

Affirm to buy Returnly for approximately $300 million

Affirm HoldingsaAffirm Holdings announced that it has entered into a definitive agreement to acquire Returnly, an online return experiences and post-purchase payments company....

North Carolina: Invitae Corporation will build new lab and create 374 jobs in Wake County

Invitae CorporationaInvitae Corporation plans to build a major testing and laboratory facility in Wake County, creating 374 jobs and investing $114.6 million in Morrisville, North Carolina over the next decade....

New York: More than 20 large-scale renewable energy projects to create more than 2,000 jobs

New York solar roofaGovernor Andrew M. Cuomo announced that more than 20 large-scale renewable energy infrastructure projects will be under construction across the state this year, including the first utility-scale solar project in Upstate New York to enter the final phase of construction....

Sunny Farms to create 155 new jobs in Virginia Beach, Virginia

Virginia Beach, VirginiaSunny Farms will invest $59.6 million to establish a state-of-the-art hydroponic greenhouse for production, workforce development, and research in the City of Virginia Beach....

First Financial Bankshares Q1 earnings up 52.87 percent

First Financial BanksharesaFirst Financial Bankshares reported earnings for the first quarter of 2021 of $56.92 million, up $19.69 million or 52.87 percent, when compared with earnings of $37.23 million in the same quarter a year ago....

FirstGroup sells First Student and First Transit in $4.6bn deal

First StudentaFirstGroup announced that it has entered into an agreement for the sale of First Student and First Transit to EQT Infrastructure....

Panasonic buys Blue Yonder for $7.1bn

PanasonicaPanasonic has acquired supply chain software firm Blue Yonder in a deal worth $7.1bn....

Biden wants 500,000 chargers for electric vehicles

Electric vehiclesaThe White House announced new progress on the Administration's goal to accelerate and deploy electric vehicles and charging stations, create good-paying, union jobs, and enable a clean transportation future....

AZZ Q4 sales down 20.3%

AZZaAZZ issued its audited consolidated financial statements for the year ended February 28, 2021....


What to read next

Highlights: September 17 - September 23, 2018
Highlights: April 29 - May 5, 2019
Highlights: June 8 - June 13, 2015

U.S.: Areas of severe thunderstorms and heavy rain through the weekend

 
Upper-level ridging weakens from the Ohio Valley to the Southeast on Friday, resulting in a reduced area of Heat Advisories over the east.
 
 

Latest

Baker Hughes: U.S. oil rig count down by 6 to 432
Malaysia introduces new rules prohibiting all plastic waste imports from U.S.
Kazakh-German JV Skyhansa to build $500 mln airport near Chinese border
Ukrainian poultry products gained access to Oman market

NEWS

EPPO targets criminal organisation suspected of VAT fraud involving sales of diesel

U.S.: Severe thunderstorms in the Northern Plains and Upper Midwest
Former U.S. senator Bob Menendez begins serving 11-year bribery sentence
Russian-linked tanker crew accused in Finland-Estonia undersea cable sabotage probe
Croatia: Former minister sentenced to two years of imprisonment for abuse of office and authority
U.S.: Widespread showers across the eastern half, severe thunderstorms in Montana into the Plains
 

BUSINESS

Peru's mining exports jump 23 pct

Vietnam encourages private businesses to invest in railway sector
Baker Hughes: U.S. oil rig count down by 1 to 438
AfDB to provide $184.1 million for Africa’s largest solar energy and battery storage project
EIB supports Bay of Biscay electricity interconnection between Spain and France
U.S., UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone
 

Trending Now

Peru's mining exports jump 23 pct

Fire in Egyptian hospital kills at least seven coronavirus patients

Egyptians start paying taxes on imported mobiles

Micron plans to invest $200 billion in semiconductor manufacturing and R&D


POLITICS

New York Power Authority directed to develop nuclear power plant

Cuban President begins official visit to Belarus
EU adopts new tariffs on Russian and Belarusian agricultural goods and fertilisers
EU proposes banning LNG gas imports from Russia by end of 2027
New York Governor announces Sullivan County broadband project
Zimbabwe to ban lithium concentrate exports
 

Today We Recommend

New York Power Authority directed to develop nuclear power plant


Highlights 

Micron plans to invest $200 billion in semiconductor manufacturing and R&D

750 new jobs coming to Michigan

WFS to open new multi-purpose terminal at Lyon Airport


COMPANIES

Micron plans to invest $200 billion in semiconductor manufacturing and R&D

750 new jobs coming to Michigan
LS Cable and unit join Korea-Japan submarine cable project
WFS to open new multi-purpose terminal at Lyon Airport
CEVA Logistics renews contract to transport aeronautics parts between France, Morocco, Tunisia
Malian government takes over Canadian-owned Barrick Gold mine
 

CAREERS

Bluecrux appoints four new partners

Isomorphic Labs appoints Ben Wolf as chief medical officer
Vodacom names new international markets CEO
David Andreadakis joins Loyalty Juggernaut as chief commercial officer
Tom Montali joins CSL as business development director
Concirrus appoints Steve O'Reilly as product manager
 

ECONOMY

EU-Mercosur trade up substantially in last decade

Russia's trade surplus falls 18.3% to $42.4 bln in January-April
U.S. economy in Q1 revised up to 0.2-pct contraction
Japan loses top creditor position for first time in 34 years
NZ exports to EU jump 28% in first year of trade deal
EU generated €39.2 billion surplus in trade in agricultural products
 

EARNINGS

Ericsson Q2 sales down but North America up

Lockton revenue $3.55 billion
Motorcar Parts of America Q4 sales $189.5 million
Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Ireland: Minister Donohoe removes broiler poultry farmers from VAT Flat Rate Addition scheme

FLI tests mobile One Health laboratory for diagnosing highly pathogenic pathogens
First vaccine against swine dysentery disease recommended for approval
USDA expands fruit pest quarantines in New York and California
Peru records 23.6% growth in agricultural export sales compared to 2024
China allows imports of rapeseed meal, soybean meal from Uruguay
 

LEADERSHIP

Study: Missing a deadline has a bigger impact than you might think

Employers prefer younger job candidates for AI roles although experienced workers perform same or better
Study finds workers misjudge wage markets
Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
 

CRIME

German court convicts four ex-Volkswagen managers of fraud in emissions scandal

EU fines carmakers €458 million for anti-recycling cartel
Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing
BHP, Vale agree to pay $30B damages for Brazil dam disaster
Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe
SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod
 

Magazine

TRAVEL

Radisson Hotel Group debuts in the heart of Tunisia’s capital city, Tunis

Morocco’s first Radisson branded hotel opens in Casablanca
Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
 

SEA, LAND, AIR

Citroën C3 Aircross, the most affordable compact SUV with 7 seats

2025 Chevrolet Equinox stands apart with fresh looks and capability
Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
 

DESIGN

Cold night, hot fire pit, cool entertainment

Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
Schüller kitchens, where functionality marries design
 

GADGETS

MESA/Boogie Celebrates 40-year partnership with John Petrucci

reMarkable 2, monochrome tablet for your thoughts and your eyes
OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
 

HEALTH

Bolivia declares national health emergency due to measles outbreak

Hong Kong researchers develop needle-free flu vaccine with broad protection
World's first vaccines that don't need refrigeration entered trials
First patient enrolled in Phase 1 clinical trial of Akiram’s cancer drug candidate
FDA grants marketing authorization of first home test for chlamydia, gonorrhea and trichomoniasis
Human cases of anthrax reported in western Mongolia
 

MEANTIME

Cost of keeping wind turbines out of sight

Mission to "weigh" all of Earth's forests from space launched
NASA's SPHEREx space telescope begins mapping entire sky
Russian academics, gas industry experts see undersea LNG transportation as feasible
India launches space docking experiment mission
World-first carbon-14 diamond battery made