POST Online Media Lite Edition



 

Highlights: August 28, 2023 - September 2, 2023

Christian Fernsby |
Events of the last week.

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Jordan plans to build major solar panel factory, 500+ jobs will be created

Amman airportJordan announced a plan to build a major solar panel factory in the southeast Amman airport area Petra news agency reported....

Jabil to sell China manufacturing business in $2.2b deal

JabilJabil announced a preliminary agreement with BYD Electronic (BYDE) relating to the sale of its Mobility business in a potential transaction expected to be valued at approximately $2.2 billion....

Illinois: Saline River Farms' expansion will create more than 400 jobs

Saline River FarmsSaline River Farms broke ground on Saline River Farms' new USDA meat processing facility....

Skyline Champion to buy Regional Homes for $328 million

Skyline ChampionSkyline Champion announced acquisition of Regional Homes for $328 million....

Danaher buys Abcam for $5.7 billion

AbcamMedical tool supplier Danaher (DHR) is expanding its product offerings by purchasing British biotech firm Abcam Plc (ABCM) for $5.7 billion, including debt....

Mallinckrodt files for bankruptcy

MallinckrodtDrugmaker Mallinckrodt has said the company and some of its units have filed for a second bankruptcy in 3 years in the U.S., with the newest restructuring plan set to reduce its debt by about $1.9 billion....

Aldi is calling for Wilko staff to get in touch about jobs, creating 800 jobs

Aldi WilkoAldi is calling for staff affected by the collapse of Wilko to get in touch, with more than 6,000 jobs currently available across its UK stores....

Invest Atlanta Board approves financing for 570 affordable housing units

Andre DickensChaired by Mayor Andre Dickens, the Invest Atlanta Board of Directors at its August 2023 meeting approved financing for 570 affordable housing units across five developments in the city of Atlanta. ...

More than 400 jobs available at Tampa International Airport Hiring Day

Tampa airportTampa International Airport and its tenant partners will host a new Airport-wide Hiring Day event on September 14....

Daesol Ausys Georgia to invest $72 million in Harris County, create more than 140 jobs

Daesol Ausys GeorgiaDaesol Ausys Georgia will establish a new manufacturing facility in West Point. The facility will create more than 140 new jobs and $72 million in investment in Harris County....

UBS Q2 profit $28.88 billion

UBSUBS reported Thursday significantly higher profit in its second quarter primarily reflecting a $29 billion negative goodwill on the acquisition of Credit Suisse Group, as well as higher revenues....

Turkiye's new canal set to irrigate over 50,000 ha of agricultural land

Ceylanpinar canalTurkiye's new southeastern Mardin-Ceylanpinar canal that stretches from the "Ataturk Dam" in Sanliurfa province to Mardin province on Wednesday started supplying water to nearly 50,261 hectares of agricultural land, Anadolu reported....

Sage Therapeutics to cut 40 percent of workforce

Sage TherapeuticsSage Therapeutics announced plans to reorganize its business operations....

Watts Water Technologies to acquire Bradley for $303m

Watts Water TechnologiesWatts Water Technologies agreed to acquire Bradley for $303 million....

Hyundai, LG Energy Solution to invest additional $2 billion in Bryan County, Ga.

HyundaiHyundai and LG Energy Solution will invest an additional $2 billion in the battery cell manufacturing facilities at the Metaplant in Bryan County....

Afghanistan: Contracts worth $6.5 billion signed to launch mining sector revival

large minesOn Thursday, the Ministry of Mines and Petroleum signed contracts totalling $6.557 billion with several companies to develop seven large mines....

AltaGas to buy Tidewater's assets for $650 million

AltaGasAltaGas entered into an agreement with Tidewater Midstream and Infrastructure to acquire some assets....

California invests $757 million to create affordable housing and clean transportation

Gavin NewsomGovernor Gavin Newsom, along with the California Strategic Growth Council announced $757 million in funding to advance the building of affordable housing in jobs-rich, walkable neighborhoods....

Press Glass will create 335 new jobs in Henry County, Virginia

Press GlassPress Glass will invest $155.2 million to expand at the Commonwealth Crossing Industrial Park in Henry County, Virginia....

Omnis Fuel Technologies to create 600 jobs in Pleasants County, West Virginia

Omnis FuelOmnis Fuel Technologies will invest $800 million in the Pleasants Power Plant, West Virginia and create an estimated 600 jobs....

Treplar announces 600 high-paying jobs in Berkeley County, West Viginia

TreplarGovernor Jim Justice announced a pioneering joint venture between Klarpet of Turkey and Triton International Enterprises of the USA to develop a state-of-the-art food packaging facility in Berkeley County....

Romanian PM Ciolacu tells Brussels he does not agree with VAT rate rise past 19 pct

Marcel CiolacuPrime Minister Marcel Ciolacu declared on Friday that at his meetings in Brussels with European officials he made it very clear that he does not agree with the increase of the VAT rate past 19 percent....


What to read next

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

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

Malaysia introduces new rules prohibiting all plastic waste imports from U.S.

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
 

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

Kazakh-German JV Skyhansa to build $500 mln airport near Chinese border

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
 

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

Ukrainian poultry products gained access to Oman market

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
 

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