Highlights: December 5, 2022 - December 10, 2022
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Iran's shrimp exports to Russia up by 350% this year
Deputy Minister of Agriculture on Saturday said that the country's export of shrimp to the Russian Federation has increased up more than three times since the beginning of this year in 1401 (started March 21)...Becker Robotic Equipment will create 137 new jobs in Cherokee County, Georgia
Becker Robotic Equipment will build a new manufacturing facility to house its North American headquarters in Canton, Georgia...Asda targets 300 new convenience stores creating 10,000 jobs in UK
Asda has laid out an ambitious expansion plan for its new convenience store business which will create 300 stores and around 10,000 jobs over the next four years...AbbVie signs $40 million collaboration deal with HotSpot Therapeutics
AbbVie signed a $40 million collaboration with HotSpot Therapeutics for its discovery-stage IRF5 program, which treats autoimmune diseases, Tuesday morning...Taiwan Semiconductor to create 10,000 high-paying high-tech jobs in its new chip foundry in Arizona
TSMC announced that in addition to TSMC Arizona's first fab, which is scheduled to begin production of N4 process technology in 2024, TSMC has also started the construction of a second fab which is scheduled to begin production of 3nm process technology in 2026...Bombardier breaks ground on Abu Dhabi service centre, will add more than 100 aerospace jobs
Bombardier announced the official groundbreaking of its new service centre at Abu Dhabi International Airport (AUH) in Abu Dhabi, United Arab Emirates...DS Smith revenue grew to 4,299 million pounds
For the six month period, DS Smith revenue grew to 4,299 million pounds, up 26 percent on a constant currency basis and 28 per cent on a reported basis with a small decline in box volumes (64 million pounds) more than offset by higher selling prices (950 million pounds) across the Group...US Department of Defense awards $9bn contracts to AWS, Google, Microsoft, Oracle
The US Department of Defense (DoD) has awarded $9bn worth contracts to Amazon Web Services (AWS), Google, Microsoft, and Oracle for its Joint Warfighting Cloud Capability (JWCC) programme...Keurig Dr Pepper takes stake in Nutrabolt for $863 million
Keurig Dr Pepper said it has agreed to buy a 30% stake in Nutrabolt, the company behind energy drinks such as C4 and Xtend, for $863 million, and has entered into a long-term sales and distribution agreement...Ferrero buys Wells Enterprises
Italy's Ferrero has agreed to buy U.S. based Wells Enterprises, which makes several ice creams brands including Blue Bunny, Bomb Pop and Halo Top, the maker of Nutella chocolate spread said...Walgreens Boots Alliance sells AmerisourceBergen shares for about $1.0bn
Walgreens Boots said it sold about $0.8 billion of AmerisourceBergen shares pursuant to Rule 144, and a concurrent share repurchase by AmerisourceBergen for proceeds of about $0.2 billion...Vehicle electrification market to hit $250 billion
According to a comprehensive research report by Market Research Future (MRFR), the market for vehicle electrification is predicted to bolster during the review period from 2022 to 2028 at a healthy growth rate of approximately 12.52%...Berkeley County, West Virginia will be home of CMC's fourth micro mill
Commercial Metals Company (CMC) announced that Berkeley County will be the home of the company's fourth micro mill...Georgia: Hyundai Motor Group and SK On to build EV battery facility, create more than 3,500 jobs
Hyundai Motor Group (HMG) and SK On have selected a site in Bartow County, Georgia for a new electric vehicle (EV) battery manufacturing facility that will supply Hyundai Motor Group's plants in the U.S. One of the largest economic development projects in state history...Alamance Foods will expand and create 135 jobs in Alamance County, North Carolina
Alamance Foods, a manufacturer of a variety of consumer food products, will invest $42 million to expand its North Carolina operations in Alamance County, North Carolina...Texas' largest green hydrogen facility to create hundreds of jobs
Texas Governor Greg Abbott celebrated the announcement of Air Products and the AES Corporation's (AES) new mega-scale green hydrogen facility in Wilbarger County...Sumitomo Forestry America to create 135 jobs in Randolph County
Sumitomo Forestry America will create 129 jobs in Randolph County, North Carolina...Virginia MetalFab to expand in Virginia, create 130 new jobs
Virginia MetalFab will invest $9 million to expand to a larger facility in the Town of Appomattox, Virginia...Lululemon Athletica Q3 revenue increased 28%
Net revenue increased 28% to $1.9 billion, or increased 31% on a constant dollar basis... ■