POST Online Media Lite Edition



 

Highlights: April 25, 2022 - April 30, 2022

Christian Fernsby |
Events of the last week.

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France imports 47.4 bn euros in goods from Netherlands in 2021

ParisIn 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

TanzaniaTanzanian 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 NetherlandsThe 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

AsdaAsda 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 PharmaceuticalsHikma 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 MedicalWallaby 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

PhilipsPhilips 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

BlackstoneBlackstone 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

TwitterElon Musk clinched a deal to buy Twitter for $44 billion cash...

Mondelez acquires Mexican confectionary business Ricolino in $1.3 billion deal

MondelezMondelez 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%

SantanderBanco 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

Rivera AirportThe 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

ApplegreenApplegreen 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%

Coca-Cola CompanyThe Coca-Cola Company reported first quarter 2022 results...

DP World signs $500 million deal with Tanzania Ports Authority

DP WorldThe 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 SuisseCredit 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. HortonD.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

Mayor Sylvester TurnerIn 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

Gretchen WhitmerGovernor 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

MiradorMirador, a managed services firm in the wealth management industry, is expanding its operations in Connecticut...

JinkoSolar Q1 net income declines

JinkoSolarJinkoSolar 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

SanofiSanofi 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 ElectronicsLG 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 ElectronicsSamsung 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 CheeseGreat 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

AppleApple announced financial results for its fiscal 2022 second quarter ended March 26, 2022...

Standard Chartered Q1 AME operating profit up 59%

Standard CharteredStandard Chartered released its financial results for the first quarter, ending 31 March, 2022...

AstraZeneca Q1 core profit rises 60%

AstraZenecaAstraZeneca reported that its first quarter core earnings per share increased 20% to $1.89...

Manitoba to invest $2.4 billion in infrastructure

Doyle PiwniukThe 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 AirlinesUnited 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 HydroNorsk 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 LillyEli 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

WeyerhaeuserWeyerhaeuser 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

AmazonAmazon reported results for its Q1...

Chevron Q1 profit quadruples

ChevronChevron 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 66Phillips 66 posted a profit for the first quarter, compared with a year-earlier loss...

Midea Group revenue grew 20.2%

Midea GroupMidea Group has published its 2021 annual report...

Iran's oil exports jumps by 30 percent

Iranian oilIran's oil exports jumped by 30 percent from last year to 870,000 barrels per day (bpd) in the first quarter of 2022...


What to read next

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

U.S.: Pacific storm over west

 
An omega pattern aloft will support impactful weather across the Central U.S. this weekend.
 
 

Latest

U.S. drillers cut oil and gas rigs to 620
4.8 magnitude earthquake rattles New Jersey and New York
Rare species of wild bees discovered in Berlin
UK: Leicester City Council confirms ransomware attack after confidential documents leaked

NEWS

Finland extends border closure with Russia indefinitely

Russian nationals admit to illegally sending controlled aviation technology to Russia
Germany says Russia ‘very likely’ responsible for Baltic GPS disruptions
Singapore jails second defendant in laundering case
Taiwan earthquake deaths climb to 12
Czech police arrest 14 for drug smuggling
 

BUSINESS

Australia: East coast gas surplus expected in Q3 2024

Kuwait-Saudi rail link to be ready by 2028, says report
Cambodia approves investment projects worth $2.2 in Q1
Venice to charge day trip tourists 5 euros
Commission opens two in-depth investigations in solar photovoltaic sector
UK airports granted extensions to install cutting-edge security technology
 

Trending Now

Slovenia's economy expected to grow 0.9 pct in Q1

UK scientists win funding for 'cancer detecting' Lollipops

UK's competition watchdog to examine EDF buying GE's nuclear turbine unit

Study finds there's right way and wrong way to deliver negative feedback in workplace


POLITICS

UK Exports Minister visits Latin America to boost trade and unlock billions worth of exports

Argentina, Brazil in talks to reverse Bolivian gas pipeline amid shortage
Trudeau offers $6 billion to provinces to build housing
€1 billion Greek State aid measures to support renewable energy generation and storage projects
North Carolina reaches electric vehicle registration goals two years early
Colorado Energy Office launches tax incentive for geothermal electricity development and production
 

Today We Recommend

Thieves steal up to $30 million in one of largest cash heists in L.A. history


Highlights 

99 Cents Only Stores to close all 371 stores

Alaska Airlines says Boeing paid $160 mln for 737 Max 9 grounding

Saint-Gobain to acquire Bailey for $650 million


COMPANIES

99 Cents Only Stores to close all 371 stores

Alaska Airlines says Boeing paid $160 mln for 737 Max 9 grounding
Lindsay announces agreement to acquire minority interest in Pessl Instruments
Saint-Gobain to acquire Bailey for $650 million
Farmers Mutual Hail to acquire Global Ag from AXA XL
Oar Resources signs deal to acquire Namibian prospecting licences
 

CAREERS

TerraPay names Marco Boldini as EVP and global head of governmental affairs

Farmers Insurance appoints John Griek as CFO
PA Media Group appoints Emily Shelley as new CEO
BioNTech appoints Annemarie Hanekamp as chief commercial officer
Ecobank Group strengthens leadership team
Veramed appoints Karen Curran as chief strategy officer
 

ECONOMY

Slovenia's economy expected to grow 0.9 pct in Q1

Italy faces deficit infringement procedure
Real GDP increased in all 50 U.S. states
Inflation continues to decline in Germany
UK house prices log unexpected fall
South Korea's FDI logs double digit growth in Q1
 

EARNINGS

Dollarama Q4 sales increased 11.3%

Conagra Brands Q3 sales decreased 1.7%
Liebherr finished 2023 business year with record revenue of €14,042 million
BlackBerry Q4 revenue $173 million
Levi Strauss Q1 revenues 8% lower
PVH Q4 revenue of $2.490 billion flat
 

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

FAO Food Price Index rises in March

Australia grants license for GM bananas amid Fusarium Wilt TR4 concerns
Indian government allows exports of 10,000 tons of onions to UAE
Analytical survey: Sales of agricultural lands in Ukraine up 50% in February
Decline in Norwegian seafood exports in Q1
Tanzania's first fishing harbor to be completed in 2025
 

LEADERSHIP

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
Generating 'buzz' about new products can influence their success
Hiring 'problem directors' can knock up to 64% off firm's value
 

CRIME

HSBC pays penalties for alleged breaches of Consumer Data Right rules

Sanofi to settle thousands of Zantac cancer lawsuits
Former asset manager and board member of Geneva private bank referred to Swiss Federal Criminal Court
South Africa: SAP ordered to pay SIU $26m over 'invalid' Eskom contracts
Former Steinhoff director appears in court for $1.1b fraud, racketeering
Genesis agrees to pay $21 million penalty to settle SEC charges
 

Magazine

TRAVEL

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
Treyam, your premier lagoon destination in Saudi Arabia
San Francisco: SkyStar wheel on Fisherman’s Wharf to stay for another 18 months
 

SEA, LAND, AIR

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
Pagani Huayra R Evo, 900 hp from 770 Nm
 

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

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
Neumann TLM 103, standard microphone for both voice and music
 

HEALTH

India launches first home-grown gene therapy for cancer

UK scientists win funding for 'cancer detecting' Lollipops
State to cover rare disease treatment costs in Bulgaria
Type 1 diabetes patients in England to receive 'artificial pancreas' as medication
Pilot study shows ketogenic diet improves severe mental illness
Texas reports possibly U.S. first human case of bird flu linked to cattle
 

MEANTIME

SLAC completes construction of largest digital camera ever built for astronomy

Solar eclipse next week in U.S., Mexico and Canada
Gravitational waves may have made human life possible
Astronomers unveil strong magnetic fields spiraling at the edge of Milky Way's central black hole
Scientists on hunt for evidence of quantum gravity's existence at South Pole
Hydrogen train from Switzerland sets world record