POST Online Media Lite Edition



 

Highlights: December 11, 2023 - December 16, 2023

Christian Fernsby |
Events of the last week.

Article continues below




Honeywell to buy Carrier's security business for $4.95bn

HoneywellHoneywell announced plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation's Global Access Solutions business for $4.95 billion, in an all-cash transaction....

Occidental to acquire CrownRock for nearly $12 billion

OxyOccidental Petroleum (Oxy) announced on Monday that it has entered into a purchase deal to buy CrownRock LP, a joint venture of CrownQuest Operatingand Lime Rock Partners, for around $12 billion in cash and stocks....

Waste Connections to buy 30 energy waste treatment and disposal facilities for $736m

Waste ConnectionsWaste Connections announced that its subsidiary, Waste Connections of Canada, entered into an agreement with Secure Energy Services to acquire a portfolio of 30 energy waste treatment and disposal facilities in Western Canada for an aggregate purchase price of CAD$1.075 billion ($736m) plus certain adjustments as provided in the definitive purchase agreement....

Volkswagen's Scout Motors to bring 200 new high paying, high tech jobs coming to Novi, Michigan

Scout MotorsScout Motors is establishing a new research and development facility in the city of Novi with support from the Michigan Strategic Fund....

Brazil's coffee exports to China up 221 pct in first 11 months

Brazil's coffeeBrazil's coffee exports to China rose 221 percent in January to November 2023 compared to the same period last year, the Coffee Exporters Council (Cecafe) said....

Form Energy will site first American battery plant in Weirton,West Virginia, create 750 new jobs

Form EnergyForm Energy will partner with the State of West Virginia to build its first iron-air battery manufacturing facility on 55 acres of property in the northern panhandle of West Virginia, along the Ohio River, in the city of Weirton....

Xxentria Technology will create 85 new jobs in Maury County, Tennessee

Xxentria TechnologyXxentria Technology officials announced the company will invest $45 million to establish its first U.S. metal composite production facility in Mt. Pleasant, Tennessee....

VACOM will create up to 500 good paying Montana jobs

Gianforte VACOMGerman company VACOM announced it will establish its United States headquarters in Lewistown, Montana....

AstraZeneca to acquire Icosavax in $1.1b deal

AstraZenecaAstraZeneca stated on Tuesday that it will acquire U.S. based biopharmaceutical firm Icosavaz in a deal valued at approximately $1.1 billion....

Star Bulk to acquire Eagle Bulk Shipping

Star BulkEagle Bulk Shipping is one of the world's largest owner-operators within the midsize dry bulk vessel segment and both companies are listed on the New York Stock Exchange....

Dollarama Q3 sales increased by 14.6%

DollaramaDollarama reported fiscal 2024 third quarter results....

Argentina's inflation soars to new record of 160.9% in November

Buenos AiresAnnual consumer inflation in Argentina soared to a new record high of 160.9% in November, according to data released Wednesday by the country's national statistics agency....

Somalia secures $4.5b in debt relief from creditors

SomaliaThe IMF and World Bank's International Development Association (IDA) announced that it approved a debt relief of $4.5 billion for Somalia under the program of the Heavily Indebted Poor Countries Initiative....

Congo launches mass vaccination against cholera

vaccinationHealth authorities in the Congo and international health partners launched a vaccination campaign against cholera that is targeting more than 5 million residents in four provinces, the World Health Organization (WHO) said Wednesday....

Alkermes to sell Athlone, Ireland facility to Novo Nordisk for $92.5 million

AlkermesAlkermes announced that it has entered into a definitive agreement to sell its development and manufacturing facility in Athlone, Ireland to Novo Nordisk....

Pakistan Telecommunication Company to acquire Telenor Pakistan for $385 million

PTCL TelenorPakistan Telecommunication Company Limited (PTCL) has entered into a Share Purchase Agreement (SPA) with the shareholders of Telenor Pakistan (Private) Limited (TPL) for the acquisition of 100% shares for Rs108 billion ($385 million)....

Turkish Airlines to order 220 Airbus aircraft

Turkish AirlinesTurkish Airlines will expand its fleet with an order for 220 Airbus aircraft, made up of 150 Airbus 321s and 70 A350 widebody aircraft (50 A350-900s, 15 A350-1000s and 5 A350F freighters)....

Rockcliff Energy to be acquired by TG Natural Resources for $2.7 bn

Rockcliff EnergyRockcliff Energy II, a portfolio company of Quantum Energy Partners, announced the entry into a definitive agreement with TG Natural Resources in which TGNR will acquire 100% of the membership interests in Rockcliff for $2.7 billion, prior to customary adjustments....


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

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