POST Online Media Lite Edition


Highlights: August 1, 2022 - August 6, 2022

Christian Fernsby |
Events of the last week.

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INEOS and SINOPEC sign three deals worth $7bn

SINOPECUK-based chemical and energy group INEOS has signed a series of agreements with Chinese oil and gas company SINOPEC to establish a large footprint in China...

BP to invest up to 50 million pounds in new electric vehicle battery testing centre in UK

Louise KinghamBP has unveiled plans to invest up to 50 million pounds in a new electric vehicle (EV) battery testing centre and analytical laboratory in the UK...

Valvoline to sell global products business to Aramco for $2.65 billion

ValvolineValvoline said it has reached an agreement with Aramco to sell its global products business for $2.65 billion in cash...

Nearly half of U.S. companies plan to add staff in H1

WorkersThe job market will remain strong for the latter part of 2022, research from Robert Half shows...

John Deere to move some production from Iowa to Mexico

John DeereJohn Deere has announced it will be moving mower conditioner production from the John Deere Ottumwa Works in Iowa to its hay and forage mower factory in Monterrey, Mexico...

Air Canada Q2 operating revenues increased almost five times

Air CanadaAir Canada reported its second quarter 2022 financial results...

TD to buy Cowen for $1.3 billion

Toronto-Dominion BankToronto-Dominion Bank agreed to buy US brokerage Cowen for $1.3 billion in cash, $39 a share...

Ferrari Q2 net revenues up 24.9%

FerrariFerrari announced its consolidated preliminary results for the second quarter and six months ended June 30, 2022...

Hugo Boss Q2 sales increased 34%

Hugo BossHugo Boss Q2 currency-adjusted Group sales increased 34% compared to the prior-year period...

Ping Identity to be acquired by Thoma Bravo for $2.8 Billion

Thoma BravoPing Identity announced that it has entered into a definitive agreement to be acquired by Thoma Bravo for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion...

Semtech to buy Sierra Wireless in $1.2 billion deal

Sierra WirelessSemtech is acquiring Sierra Wireless in all-cash transaction valuing the Canadian company at $1.2 billion including debt...

Illinois: Tyson Foods breaks ground on Caseyville expansion, will create 250 new jobs

Tyson FoodsTyson's Caseyville facility will expand the production of Hillshire Farm and Jimmy Dean products...

Novo Nordisk's sales increased by 25%

Novo NordiskNovo Nordisk's sales increased by 25% in Danish kroner and by 16% at constant exchange rates to DKK 83.3 billion in the first six months of 2022...

National Bank of Bahrain reports 29% increase in net profit

National Bank of BahrainNational Bank of Bahrain B.S.C. (NBB) has reported a 34% increase in its net profit attributable to equity shareholders to BHD 20.0 million (USD 53.1 million) for the second quarter ended 30 June 2022, compared to BHD 14.9 million (USD 39.5 million) in the same period of 2021...

Regeneron Q2 revenues decreased by 44%

RegeneronRegeneron Pharmaceuticals announced financial results for the second quarter of 2022...

Bank Rakyat Indonesia net profit almost doubles

SunarsoBank Rakyat Indonesia announced a net profit of USD 1.66 billion or grew almost double 98.38% year-on-year (YoY) with total assets also increased 6.37% to USD 110.19 billion in the first half of 2022, at the Press Conference on Financial Performance for Q2 2022 on July 27, 2022...

Amgen to buy ChemoCentryx for $3.7b in cash

AmgenAmgen and ChemoCentryx announced that the companies have entered into a definitive agreement under which Amgen will acquire ChemoCentryx for $52 per share in cash, representing an enterprise value of approximately $3.7 billion...

Ontex to sell its Mexican business to Softys

OntexOntex Group, a supplier of personal care products, has entered into a binding agreement to sell its Mexican business activities for approximately €285 million to Softys, a personal hygiene company with operations across Latin America...

Digimarc Q2 revenue increased 23%

DigimarcDigimarc reported financial results for the second quarter ended June 30, 2022...

Hilton to upgrade headquarters, create 350 new jobs over next five years in Virginia

Hilton hotelHilton will retain its headquarters in Fairfax County, Virginia, including significant upgrades to its facility at 7930 Jones Branch Drive in McLean...

APA acquires oil producing assets in West Texas for $505m

Texas Delaware basinAPA has acquired Texas Delaware basin properties from an undisclosed firm in a deal worth $505m...

Ritchie Bros. Q2 revenue increased 22%

Ritchie BrosRitchie Bros. reported results for the second quarter ended June 30, 2022...

Goodyear Q2 net income more than doubles

GoodyearThe Goodyear Tire & Rubber Company reported results for the second quarter of 2022... â– 

What to read next

Highlights: January 2 - January 5, 2019
Highlights: January 7 - January 12, 2019
Highlights: January 14 - January 19, 2019

Syngenta Q3 sales increased

Syngenta announced strong financial results for the third quarter.


British Columbians will get better highway cell coverage
Cleveland selects vendors for smart parking system
Avian flu detected in poultry house in Lithuania
Russia: Seeds of dangerous weed almost got to buyers along with vegetables seeds


UK motorists back safety and year three MOT over 23p a week saving

Earthquake in Afghanistan kills at least 11, nine of them in Pakistan
Biden orders release of intelligence on potential links between COVID and Wuhan lab
U.S.: Strong storm for west and southwest, heavy snow for Northern Plains and upper midwest
Magnitude 5.9 earthquake strikes Valparaiso
Extensive raid underway in Slovenia and Bosnia and Herzegovina on suspicion of money laundering


Record 9.6% growth in renewables

Inflation changing consumer priorities in UAE
Michigan: 150 new good-paying jobs coming to Kalamazoo, Auburn Hills, Owosso
Generic pharmaceuticals market expected to reach $682.9 billion
Drug discovery services market worth $41.3 billion
Moldova resumes using Russian gas

Trending Now

Timothy Boring new director of Michigan Department of Agriculture and Rural Development

Biden orders release of intelligence on potential links between COVID and Wuhan lab

Michigan: 150 new good-paying jobs coming to Kalamazoo, Auburn Hills, Owosso

IMF raises reservations on petroleum subsidy scheme in Pakistan


Governor Newsom releases master plan for tackling fentanyl and opioid crisis

Moscow to maintain 500,000 bpd oil output cut to end June
IMF raises reservations on petroleum subsidy scheme in Pakistan
Xi, Putin discuss ramping up supplies of Russian gas
California Governor visits Lithium Valley
Czech delegation heads to Taiwan, hopes for chip investments

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Shortage of nurses should be treated as global health emergency


Generic pharmaceuticals market expected to reach $682.9 billion

Drug discovery services market worth $41.3 billion

Foot Locker Q4 income decreased


Billie Joe Armstrong Gibson Les Paul Junior unvelied

ZEB Metals relocating, establishing first South Carolina operations in Berkeley County
Big Fish Games to establish New Orleans talent hub, will hire
Perrigo recalls Gerber Good instant formula in U.S.
Schneider Electric breaks ground on its fifth plant in Hungary, will create hundreds of new jobs
Amazon to lay off 9,000 more employees


Vanda Pharmaceuticals appoints Tage Honoré to board

Akhona Qengqe to become KFC Africa’s new general manager
Marlabs appoints Usha Jamadagni as chief delivery officer
Rolls-Royce announces new leadership for Africa
AIG director William G. Jurgensen to retire
Ball Corporation promotes Daniel W. Fisher to chairman


Forecast shows Colorado’s strong economy to continue growing faster than nation

BiH records almost seven percent increase of exports
Hong Kong exports decreased
South Korea's export falls 17.4 pct for first 20 days of March
Bundesbank: German economy to contract further in Q1
Euro area international trade in goods deficit €30.6 bn


Foot Locker Q4 income decreased

FedEx Q3 profit decreases
Revlon Q4 sales $589.8 million
Eastman Kodak Q4 revenues $305 million
Williams-Sonoma Q4 revenue declined 0.6%
G-III Apparel Q3 sales increased 14.2%


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?


From the beginning of 2023, over 66 000 tons of grain products shipped from Krasnoyarsk Territory

Timothy Boring new director of Michigan Department of Agriculture and Rural Development
Illinois counties lead nation for corn and soybean production in 2022
City of Chicago announces Community Growers Program
Türkiye's agricultural sector suffers 1.3 bln loss due to earthquake
Hong Kong suspends import of poultry meat and products from Gribskov Municipality, Denmark


Success of working from home depends on company health

Consumers less likely to support brands with unconventional spellings
HR practices have both positive and negative effects on employee mental health
CEO education is no guarantee of stock market success
How remote work affects managers
Incoming CEO's political views may drive director departure in firm


Poland: UOKIK fines Merida Polska $573,000

SEC charges DXC Technology for misleading non-GAAP disclosures
Investigation leads to takedown of darknet cryptocurrency mixer that processed over $3b of unlawful transactions
Chicago reaches $23.8m settlement agreement with e-cigarette maker Juul Labs
SEC charges Blackbaud for misleading disclosures about ransomware attack that impacted charitable donors
Former Goldman Sachs investment banker sentenced in $2.7b bribery and money laundering scheme



Five day street food festival in Mangaluru brings Indian food to city

Qatar International Food Festival is back
Me Auld Flower food and drink festival coming to Dublin for St Patrick's Day weekend
Ten days of Winter Festival, a time travel back to end of 18th century Norway
Strong Beer Fest in Munich invites visitors to taste potent brews
Food world gathers for Melbourne Food and Wine Festival this March


First GMC Sierra EV, power source on wheels

Ford Puma ST Powershift, most powerful 1.0‑litre EcoBoost engine
Toyota launches new Prius PHEV in Japan
Ariel Atom, serious motor sport or ultimate fun
ABT XNH, camper for those who want to expand their horizons
Lamborghini Invencible and Autentica, farewell to V12


Juliska tableware, collections for every occasion

Wool coats, a timeless fashion investment
Venetto bedding, creating a beautiful bedroom space
Bed headboards, sleep like a king
Great rugs for generations responsibly made
Curved sofas, elegant and gentle


New Cherry microphones for professional sound quality

Mobile Fidelity UltraDeck turntable, extreme pursuit of highest level of reproduction
Nokia G22, good smartphone you can fix yourself
NAD C 3050 LE amplifier, a classic reinvented
Asus Zenbook S 13 OLED, ultralighta and powerful laptop with OLED display
Dynaudio Confidence means pure performance


Shortage of nurses should be treated as global health emergency

WHO accuses China Of withholding data on COVID-19 origins after report about raccoon dogs
Wyoming first U.S. state to outlaw abortion pills
Tanzania launches investigations as strange disease kills 5 people
WHO sees COVID posing similar threat to flu this year
New VEXAS syndrome identified in Portugal


New findings released from world's most powerful solar telescope

French court orders fishing bans to protect dolphins
Missouri ordered to reduce pollution levels
Brazilian researchers discover terrifying rocks made up of plastic debris
Glacier found near Mars equator
Neolithic farmers reduced lactose in milk