Highlights: April 25, 2022 - April 30, 2022
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France imports 47.4 bn euros in goods from Netherlands in 2021
In 2021, bilateral goods trade with France comprised exports worth 47.4 billion euros and imports worth 18.7 billion euros...Tanzania to vaccinate over 10 mln children against polio
Tanzanian health authorities said on Saturday 10,313,887 children aged below five years will be vaccinated against polio between April 28 and May 1 in mainland Tanzania and Zanzibar...Netherlands aims to stop using Russian gas by end of this year
The Netherlands said that it aims to completely stop importing Russian gas by the end of this year...Asda to invest over 73 million pounds this year in tackling cost of living crisis
Asda has announced it will be investing over 73 million pounds in tackling the cost of living crisis for its customers and colleagues...Hikma Pharmaceuticals acquires Custopharm for $425m
Hikma Pharmaceuticals has acquired U.S.-based generic sterile injectables company Custopharm from Water Street Healthcare Partners in a deal valued at $425m...Wallaby Medical acquires German neurovascular company Phenox for EUR 500 million
Wallaby Medical has acquired phenox GmbH, including phenox's Femtos, a German-based global innovation and technology company in the neurovascular space, for a total consideration of approximately EUR 500 million including milestone payments...Philips slips to loss in Q1
Philips Electronics reported that its first quarter net loss was 151 million euros or 0.17 euro per share, compared to prior year's profit of 40 million euros or 0.04 euro per share...Blackstone to buy PS Business Parks in $7.6 billion deal
Blackstone agreed to buy real estate investment trust (REIT) PS Business Parks (PSB.N) for $7.6 billion, including debt...Elon Musk taking Twitter private in $44 billion deal
Elon Musk clinched a deal to buy Twitter for $44 billion cash...Mondelez acquires Mexican confectionary business Ricolino in $1.3 billion deal
Mondelez announced that it has entered into an agreement with Grupo Bimbo to acquire Mexican confectionary business Ricolino for $1.3 billion...Santander Q1 profit up 58%
Banco Santander achieved an attributable profit of 2,543 million euros in the first quarter of 2022, up 58% in current euros versus the first quarter of 2021 when the bank incurred 530 million euros in restructuring charges...Uruguay: Rivera Airport will be modernized with 13 million dollars, create 150 direct jobs
The Minister of National Defense, Javier Garcia, participated in Rivera in the act in which the company Corporacion America Airports took charge of the management of the international airport of Rivera, Oscar Gestido...Applegreen will create 800 new jobs in New Jersey over the coming years
Applegreen announced an investment worth $126 million in the state of New Jersey, delivering hundreds of skilled new jobs to the Garden State over the coming years...Coca-Cola Company Q1 revenues grew 16%
The Coca-Cola Company reported first quarter 2022 results...DP World signs $500 million deal with Tanzania Ports Authority
The DP World, an Emirati multinational Logistics Company based in Dubai, United Arab Emirates, has signed a Memorandum of Understanding (MoU), worth USD 500 million, with the Tanzania Ports Authority (TPA) to finance various projects aimed at improving efficiency of the country's ports...Credit Suisse Q1 net revenues decrease by 42%
Credit Suisse first quarter of 2022 saw net revenues decrease by 42% year on year, driven by a decline in Investment Bank (IB) net revenues, down 51%, on a USD basis; a decline in Wealth Management (WM) net revenues, down 44%; as well as a decline in Asset Management (AM) net revenues, down 10%...D.R. Horton Q1 net income per common share increased 59%
D.R. Horton reported that net income per common share attributable to D.R. Horton for its second fiscal quarter ended March 31, 2022 increased 59% to $4.03 per diluted share compared to $2.53 per diluted share in the same quarter of fiscal 2021...Houston Mayor Turner announces TCEQ approval of largest urban solar farm in country
In celebration of Earth Day 2022 and to mark a significant project development milestone, Mayor Sylvester Turner announced the Texas Commission on Environmental Quality (TCEQ) granted permit approval for the Sunnyside Solar Farm...New investments to create nearly 700 jobs across Michigan
Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) in announcing Michigan Strategic Fund (MSF) approval of projects, including a business expansion by a global aluminum producer in Cassopolis, redevelopment of the former GM Warren Transmission Plant, a community revitalization project in Bay City, and other actions that will continue to strengthen Michigan's economy...Mirador expanding and creating new headquarters in Connecticut
Mirador, a managed services firm in the wealth management industry, is expanding its operations in Connecticut...JinkoSolar Q1 net income declines
JinkoSolar reported first quarter net income attributable to shareholders of RMB 28.9 million compared to RMB 221.1 million, last year...Sanofi Q1 profit climbs 28.3 percent
Sanofi reported that its first-quarter net income attributable to equity holders, on IFRS basis, climbed 28.3 percent to 2.01 billion euros from last year's 1.57 billion euros...LG Electronics Q1 sales highest in history
LG Electronics announced first quarter 2022 consolidated sales of KRW 21.11 trillion (USD 17.53 billion) - the highest quarterly revenue in company history...Samsung Q1 consolidated revenue increased 51%
Samsung Electronics reported financial results for the first quarter ended March 31, 2022...New York: Great Lakes Cheese breaks ground on $518 million plant in Cattaraugus County
Great Lakes Cheese broke ground on a new, state-of-the-art manufacturing and packaging plant in Franklinville and Farmersville...Apple Q1 revenue $97.3 billion
Apple announced financial results for its fiscal 2022 second quarter ended March 26, 2022...Standard Chartered Q1 AME operating profit up 59%
Standard Chartered released its financial results for the first quarter, ending 31 March, 2022...AstraZeneca Q1 core profit rises 60%
AstraZeneca reported that its first quarter core earnings per share increased 20% to $1.89...Manitoba to invest $2.4 billion in infrastructure
The Manitoba government is committing $2.4 billion in infrastructure funding as part of Budget 2022, with more than $1.5 billion going toward a three-year plan focused on Manitoba's highway network, Transportation and Infrastructure Minister Doyle Piwniuk announced...United looks to add 50,000 employees over next five years
United Airlines announced a new collaboration with OneTen, a coalition of leading chief executives and their companies committed to creating one million family-sustaining careers for Black talent with opportunity for advancement over the next 10 years...Norsk Hydro offers to buy Alumetal for EUR 232 mln
Norsk Hydro said that it has offered to buy the Polish recycler Alumetal for 68.4 PLN per share in cash, representing an aggregate equity purchase price of about 1.07 billion PLN or about 232 million euros...Eli Lilly Q1 net income increased 40 percent
Eli Lilly reported that net income for the first quarter increased about 40 percent to $1.90 billion or $2.10 per share from $1.36 billion or $1.49 per share in the year-ago quarter...Weyerhaeuser Q1 net earnings increased to $771 million
Weyerhaeuser reported first quarter net earnings per share before special items of $1.31 compared to $0.91, prior year...Amazon posted net loss, predict more losses
Amazon reported results for its Q1...Chevron Q1 profit quadruples
Chevron reported first quarter net income of $6.26 billion up from $1.37 billion during the same quarter in 2021...Phillips 66 Q1 net income $582 million
Phillips 66 posted a profit for the first quarter, compared with a year-earlier loss...Midea Group revenue grew 20.2%
Midea Group has published its 2021 annual report...Iran's oil exports jumps by 30 percent
Iran's oil exports jumped by 30 percent from last year to 870,000 barrels per day (bpd) in the first quarter of 2022... ■