POST Online Media Lite Edition



 

Highlights: February 24, 2020 - February 28, 2020

Christian Fernsby |
The most interesting business stories that marked last week.

Article continues below



Topics: HIGHLIGHTS   

PepsiCo signs definitive agreement to acquire Be and Cheery for $705 million

Be and CheeryPepsiCo announced that it has entered into a definitive agreement to acquire Hangzhou Haomusi Food or Be and Cheery, one of the largest online snacks companies in China, from Haoxiangni Health Food for $705 million....

African Swine Fever kills 47,143 hogs in North Sumatra

North Sumatra pigsThe North Sumatra provincial government reported that 47,143 hogs of the total 1,224,951 died of African Swine Fever (ASF) that spread to 21 districts and cities in the province in the past months....

Lowe's Canada is recruiting to fill 5,400 positions

Lowe's CanadaLowe's Canada is looking to fill over 4,700 full time and part time seasonal positions and 700 regular positions in its network of corporate stores this spring....

Palo Alto Networks Q3 revenue grew 15%

Palo Alto NetworksPalo Alto Networks announced yesterday financial results for its fiscal second quarter 2020, ended January 31, 2020....

Danone profit down 17.9%

DanoneDanone reported today that its full-year 2019 net income, Group share, declined 17.9 percent to 1.93 billion euros from 2.35 billion euros last year....

Hong Kong sees first fiscal deficit in 15 years

Paul ChanThe Hong Kong Special Administrative Region (HKSAR) government runs a fiscal deficit of 37.8 billion Hong Kong dollars (about 4.85 billion U.S. dollars) in 2019-2020, the first time for Hong Kong over the past 15 years, the HKSAR government's Financial Secretary Paul Chan said today....

U.S. new home sales spike to more than 12 year high in January

U.S. homePartly reflecting sharp increases in the Midwest and West, the Commerce Department released a report yesterday showing new home sales in the U.S. jumped to their highest level in over twelve years in the month of January....

ThyssenKrupp sells Elevator Technology business for 17.2 billion euros to consortium

ThyssenKruppThyssenKrupp sells its Elevator Technology business entirely to a consortium led by Advent, Cinven and RAG foundation....

Ritchie Bros Q4 net income increased 45%

Ritchie BrosRitchie Bros. Auctioneers reports results for the fourth quarter ended December 31, 2019....

Swiss KOF economic barometer unexpectedly improves in February

SwitzerlandA leading indicator of the turning points in Switzerland's economy rose for a third straight month in February, defying expectations for an easing, showed the survey data that were largely collected before the news of the coronavirus outbreak in northern Italy came to light....

UK house price inflation highest in 18 months, says Nationwide

UK homeUK house price inflation was the highest in 18 months in February, survey data from the Nationwide Building Society showed today....


What to read next

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

U.S.: Rain and higher elevation snow will continue

 
A deep upper-level trough will move onshore over most of the West Coast on Sunday, moving to the Upper Great Lakes to the Southern Rockies by Tuesday.
 
 

Latest

United flight from Chicago to Vegas makes emergency landing in Nebraska
Kerry pleads guilty and agrees to pay $19.228 million in connection with 2018 salmonella outbreak
Brazil sinks rusting old French aircraft carrier in Atlantic
China allowed truck entry on border with Tajikistan

NEWS

Egypt's former prime minister dies at 67

Longest-serving president of Pakistan Pervez Musharraf dies
5.5-magnitude earthquake hits northern Chile
Chile expands emergency as deaths from wildfires rise
Fishing boat capsizes in South Korea, 9 missing
Over 200 evacuated from Vorkutinskaya coal mine in Komi due to smoke
 

BUSINESS

South Africa to construct new power transmission lines in northern province

Spain suffers amid severe shortage of drugs
Free travel will be extended to even more of London’s lowest paid transport workers
North Adriatic Hydrogen Valley project receives 25 million in grants
Croatia to pay MOL $235 mln in settlement of arbitration case for INA
€25 million EBRD loan to support new tram line in Sarajevo, Bosnia and Herzegovina
 

Trending Now

110,000 more users affected in LG Uplus’ data breach

Egypt's former prime minister dies at 67

Viatel Technology to create 50 Irish tech jobs

Brazil sinks rusting old French aircraft carrier in Atlantic


POLITICS

India to ban hundreds of Chinese-linked betting and loan lending apps

UK and coalition partners announce price caps on Russian oil products
Fiji ends training and exchange agreement with China
France mulls extending nuclear reactors' lifespan
PM: Decisions by Commission for Emergency Situations help Moldova get out of winter with dignity
Denys Shmyhal: We expect duty-free trade with the EU to be extended until the end of 2024
 

Today We Recommend

Fiji ends training and exchange agreement with China


Highlights 

Viatel Technology to create 50 Irish tech jobs

Aon Q4 income decreased 24%

ASSA ABLOY Q4 sales increased by 28%


COMPANIES

110,000 more users affected in LG Uplus’ data breach

Viatel Technology to create 50 Irish tech jobs
Ethiopian Airlines inaugurates second aviation academy campus in Hawassa
Statkraft and INEOS Inovyn sign new long-term green power agreements
Portugal's Parliament approves inquiry into TAP airline
Iberdrola launching new call for master's scholarships for Spain and UK
 

CAREERS

Satu Rautavalta appointed new CEO of Pimatic

Exothera appoints Darren Leva as chief business officer
Vesta taps Shimon Steinmetz as CFO
Bruno Ultra Barcelos appointed managing director of Ethypharm UK
Syntach names Patrick NJ Schnegelsberg as new CEO
Chiesi appoints Giuseppe Accogli as new group CEO
 

ECONOMY

U.S. employment spikes in January, unemployment down

U.S. services PMI jumped
Türkiye inflation higher than expected at nearly 58%
West Virginia January revenue surplus continues to show opportunity for tax cuts is now
Indonesia: Inflation decelerates in January
Germany's foreign trade balance sees surplus of 10.0 billion euros in December 2022
 

EARNINGS

United States Steel Q4 earnings $174 million

Skechers Q4 sales increased 13.5%
Bosch posts sales growth
Cigna income $6.7 billion
Aon Q4 income decreased 24%
ASSA ABLOY Q4 sales increased by 28%
 

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

Free practical forestry training courses available in UK

Hong Kong suspends import of poultry meat and products from Kagoshima Prefecture, Japan
Share of Russian agricultural exports to friendly countries grows to 82% in 2022
Ministry of Agriculture: Yangtze River fishing ban sees positive progress
Netherlands: Gross seed onion yield down 17.2 percent
Price growth led to record start for Norwegian seafood exports in 2023
 

LEADERSHIP

Lucky CEO means bad luck for hiring company

Product images could boost food pantry use
The madness of fast service: I want it now!
How to build a resilient brand
Only 32% of employees believe their pay is fair
Corporate duty waivers limit organic company growth and innovation
 

CRIME

UK: Serious Fraud Office secures three convictions in $500 million trade finance fraud

AG for District of Colubia: $1,950,000 available for eligible Drizly drivers as result of tip-theft investigation
North Carolina: 52 stores pay fines for price scanning errors in 33 counties
EAO issued third fine for Coastal GasLink project
Dutch central bank fines cryptocurrency exchange Coinbase 3.3 mln euros
Bloomberg to pay $5 million for misleading disclosures about its valuation methodologies for fixed income securities
 

Magazine

TRAVEL

Legend Rock Petroglyphs in Wyoming, history right in front of you

La Chandeleur in Paris: Crêpe Day for all of you
Tru by Hilton Monterrey Fundidora hotel opens in Mexico
IntercityHotel Berlin Airport BER opens
Art After School, the perfect way to spark imagination in your child
The world's biggest food fair in Berlin you don't wanna miss
 

SEA, LAND, AIR

2024 Range Rover Velar, pure greed and distraction

Honda Pilot TrailSport, fully equipped SUV with great ground clearance
2024 Corvette E-ray, electrified 4WD
Jaguar I-PACE is now more distinctive
2023 Toyota Prius expected this January
2023 Lincoln Corsair, advance features and ActiveGlide
 

DESIGN

Curved sofas, elegant and gentle

Solios watches, from nature to luxury
Coats of faux fur, but not of faux style
Redifining kitchen space and experience with workstations
Dinning sofas, a soft addition to a modern dinning table
Patchwork carpets, vintage Persian carpets made with unparalleled skill
 

GADGETS

Samsung Galaxy S23 smartphones, cameras with possibility to make calls

Harman Luxury Audio introduces new JBL Classic Series
KEF KC62, audio excellence and design ingenuity
Panasonic announces flagship OLED TV MZ2000
McIntosh MC451, 150 Watt vacuum tube and 300 Watt solid state amplifier
Headonia 2A3, luxury headphone amplifier that comes with gloves
 

HEALTH

Urinary incontinence, a condition that shouldn't be embarrassing

Synthetic opioids will be banned as UK government acts to stop drug deaths
Japan gives priority review status to Alzheimer's drug developed by Eisai, Biogen
Working group proposes on how to make Finland tobacco-free by 2030
Study: Merck COVID-19 pill linked to virus mutations
South Africa authorises roll out of COVID-19 boosters to fight Omicron variant
 

MEANTIME

Astronomers observe light bending around an isolated white dwarf

Webb telescope catches early galaxy formation in action
Straigh and gay men both prefer masculine men for important jobs
Green comet to visit Earth after 50,000 years
Astronomers captured spectacular, ongoing collision between at least three galaxy clusters
NASA system predicts small asteroid to pass close by Earth this week