POST Online Media Lite Edition


Highlights: January 18, 2021 - January 23, 2021

Christian Fernsby |
Events of the last week.

Article continues below

Couche-Tard steps back from 16.2 billion euros Carrefour takeover after meeting with finance minister

Carrefour FranceCanada's Alimentation Couche-Tard and European retailer Carrefour have decided to work on partnership opportunities after takeover talks failed....

Dr Martens confirms London IPO, targets $4.1bn

Dr MartensDr Martens has confirmed it will IPO, floating on the London Stock Exchange in February....

Deliveroo raises $180m, valued at $7bn

DeliverooDeliveroo said it raised a further $180 million from existing investors in a move that values the business at more than $7 billion....

Bahrain's ABC bank buys Blom Bank Egypt's assets in $428m deal

ABCArab Banking Corporation, Bahrain's second-biggest lender, is buying the Egyptian assets of Lebanon's Blom Bank for 6.7 billion Egyptian pounds ($428.3 million)....

Abu Dhabi rolls out $1.63 billion supply chain initiative

Abu DhabiAbu Dhabi is introducing a Dh6 billion ($1.63 billion)supply chain financing initiative to back a variety of sectors as part of its efforts to support small and medium enterprises (SMEs)....

AkzoNobel ready to buy Finnish paint maker Tikkurila in 1.4bn euros deal

Thierry VanlanckerDulux owner AkzoNobel said on Monday that it has proposed to buy Finnish paint maker Tikkurila for 31.25 euros a share, valuing the business at 1.4bn euros and trumping an offer from U.S. paint company PPG Industries....

Amazon invests in Quebec to create more than 1,000 new jobs

Coteau-du-LacAmazon announced its continued investment in Quebec with two new sortation centres and its first three delivery stations in the province....

Goldman Sachs net income soars 135%

Goldman Sachs earningsGoldman Sachs saw net income soar 135% to $4.5 billion in the October-December period from $1.91 billion during the same period in 2019....

Largest 1.7bn pounds UK export guarantee goes to Bombardier

Bombardier TransportationA consortium led by Bombardier Transportation has confirmed a deal with the Egyptian Government to build two new monorails thanks to 1.7 billion pounds backing from UK Export Finance (UKEF), the largest amount of financing it has ever provided for an overseas infrastructure project....

FedEx to cut 5,500 to 6,300 jobs in Europe

FedEx ExpressFedEx Express, a subsidiary of FedEx Corp., yesterday in a filing announced proposals to resize its European workforce as it nears the completion of the network integration of TNT....

Plumas Bancorp reports record quarterly earnings

Plumas BankPlumas Bancorp, the parent company of Plumas Bank, yesterday announced record earnings for the fourth quarter of 2020 of $4.3 million, an increase of $0.4 million, or 10%, from $3.9 million for the three months ended December 31, 2019....

South Africa records lowest inflation in 16 years

South Africa streetSouth Africa's annual Consumer Price Index (CPI) for 2020 was at 3.3 percent which was the lowest inflation recorded since 2004, Statistics South Africa (Stats SA) said on Wednesday....

MainStreet Bancshares reports record earnings

MainStreet BankMainStreet Bancshares, the holding company for MainStreet Bank, reported record net income of $15.7 million for 2020, which represents a 10.54% Return on Average Equity (ROAE), a 1.05% Return on Average Assets (ROAA) and $1.85 per share of common stock (basic and diluted)....

Boston Scientific to acquire Preventice Solutions for up to $1.225 billion

Boston ScientificBoston Scientific is to acquire Preventice Solutions, Inc., a company which offers a full portfolio of mobile cardiac health solutions and services, ranging from ambulatory cardiac monitors - including short and long-term Holter monitors - to cardiac event monitors and mobile cardiac telemetry....

What to read next

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

U.S.: Clipper system tracking eastward; heavy precipitation continues for northwest

A robust atmospheric river will continue to dump overly abundant moisture across the Pacific Northwest which in turn will keep the threat for excessive rainfall and flooding elevated through Thursday.


Calgary filled 5,000 potholes in November
Rochester, N.Y., USDA Wildlife Services to disperse winter crows
Poland seeks return of EU permits for Ukrainian haulers but Brussels opposes that
UK: DS Smith drivers delivering cardboard packaging striking over pay


Second 48 hour railway strike in Belgium

18 percent of Made in China garments contain carcinogenic chemical
Brazil and Paraguay launch Operation DAKOVO to combat international arms trafficking
5.9 magnitude earthquake hits Philippine capital region
Snow covered Munich airport closed to traffic on Tuesday
Bosnia and Herzegovina Prosecutor Office welcomed largest sentence imposed for corruption so far


Delaware offers tuition incentive to attract certified nurse assistants

Rhode Island AG Neronha files new claims in lawsuit against residential solar panel company for deceptive sales
Jordan: EUR 100 million EIB backing to tackle water scarcity through desalination and conveyance project
Netherlands: EIB signs €100 million loan for Limburg water infrastructure
Swiss nuclear power plants running out of staff
Kazakhstan signs deals for 3GW of wind power

Trending Now

Moscow residents to name baby panda born in Moscow Zoo

U.S.: Clipper system tracking eastward; heavy precipitation continues for northwest

Rochester, N.Y., USDA Wildlife Services to disperse winter crows

Calgary filled 5,000 potholes in November


New York Governor Hochul announces start of project to modernize Ogdensburg International Airport

President Lula in Berlin for first talks between Brazil and Germany in eight years
Greece cut coal use by over 80%
Sourth Dakota Governor Noem supports Congressman Gallagher's bill protecting U.S. farmland from China
Slovakia to extend grain embargo, expand list of banned agricultural products from Ukraine
Brazil to join OPEC+ in 2024

Today We Recommend

18 percent of Made in China garments contain carcinogenic chemical


Alaska Airlines to acquire Hawaiian Airlines for $1.9 billion

Roche to acquire Carmot Therapeutics for $2.7 billion

Huge cantaloupes recall after U.S. Salmonella outbreak


UK: Iceland warehouse workers to walk out as South West face store shortages

AG Ferguson on federal complaint against Meta: Zuckerberg new Facbook is dangerous for young people
Oxford Biomedica signs agreement to acquire ABL Europe from Institut Mérieux
Atlas Copco signs deal to acquire Kracht
Škoda begins production of fourth generation Superb at Bratislava plant
Airbus begins production of Galileo G2 satellites in Germany


Siemens Healthineers: Vivek Kanade new head for Middle East and Africa operations

Liquid Intelligent Technologies appoints Lerato Dipuo Phueginia Pule as CFO
PwC selects Mohamed Kande as next global chair
Billerud appoints Ivar Vatne as CEO
New Pacific Metals appoints two to board
Pyxis Oncology appoints Ken Kobayashi as chief medical officer


West Virginia yearly revenue collections $286.2 million ahead of estimate

Austrian economy slips into recession
Ireland in recession as personal consumer spending increased
Brazil jobless rate falls to 7.6 pct
Missouri Governor Parson announced state’s Consensus Revenue Estimate
Canadian GDP declines in Q3


Dell Technologies revenue $22.3 billion

American Outdoor Brands Q2 sales $57.9 million
Marvell Technology Q3 revenue $1.419 billion
BMO Financial Q4 income $1,617 million
Cracker Barrel Old Country Store profit $5.46 million
Kroger Q3 earnings to $646 million


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?


France puts country on high alert for bird flu

Kentucky names new Deputy State Veterinarian
New York: $4.25 million for more than two dozen meat businesses
Hong Kong suspends import of poultry meat and products from areas in Belgium and Germany
Philippines joins Blue Carbon Action Partnership to strengthen coastal ecosystems
Thailand aims to export more bananas


Happy workforce is productive workforce, says study

LinkedIn can trigger feelings of imposter syndrome
Study suggests corporate culture thwarts efforts to hire innovative candidates
Workplace wellness policies could soften effects of workaholism
Customers willing to wait longer for delivery when they shop in store showroom
Internal crowdfunding fosters innovation and engages employees


Swiss bank Banque Pictet admits to conspiring with U.S. taxpayers to hide assets and income in offshore accounts

FINRA fines BofA Securities $24 million for treasuries spoofing and related supervisory failures
BNP Paribas subsidiary fined maximum amount over Swiss franc loans
Commission fines Rabobank €26.6 million over Euro-denominated bonds trading cartel
Shell Energy fined £1.4m by Ofcom for consumer protection breaches
Italy's antitrust agency fines energy companies for aggressive billing



Sai Kung Hoi Arts Festival returns to Hong Kong until Janury 14

Go on a sleigh ride in Estonia Varbola stronghold
Bora Bora, first born paradise in French Polynesia
Mushrooms of all kinds will be featured at Autumn Bio Festival in Portugal
Festive winter fun in and around Hannover
Premier Australian motoring event returns this weekend


Chevrolet Tahoe and Suburban come with new look

Chinese HiPhi revealed electric sedan, too bad it can't be trusted
New 2025 Ram 1500, Hurricane 3L and 420 horsepower
Gulfstream G700 business jet to fly 14,353 kilometers
Beneteau First, slender mainsail and generously sized foresails
Porsche launches speedboat with 400 kW


Hollywood Regency, the style that's always in

Filippo Loreti, premium Italian timepieces for adventurous gentlemen
Creative furniture that redefines the meaning of sofa
Perfect ovens for perfect pizza at home
Designer radiators, focal point that heats your room
What to do and what not to do when designing your living room


Rode NT1 5th Generation, the ultimate studio microphone

Motorola g family smartphones bring something for everyone
Focal Shape 65 monitor, loudspeakers for home or professional studio
NAD C 268 stereo power amplifier, multipurpose workhorse
DeVore Fidelity Orangutan O/Reference, €90,000 for ultimate sound
Motorola razr, foldable phone that allows you to live your real life


Researchers crack cellular code on protein folding offering hope for many new therapeutic avenues

Huge cantaloupes recall after U.S. Salmonella outbreak
Pathogens use force to breach immune defenses
Governor Moore announces expanded access to contraceptive care across Maryland
California Governor Newsom announces new legislation to prevent illicit use and trafficking of xylazine
Argentina records hundreds of Trichinella cases


France to donate € 500 million to Brazil's Amazon Fund

New deep space radar will transform UK security
Massive planet too big for its sun pushes astronomers to rethink exoplanet formation
Vera Rubin telescope will generate mind boggling amount of data
Russia launches cargo spacecraft to International Space Station with equipment and gifts
Earth experiences second geomagnetic storm in six days