POST Online Media Lite Edition


Highlights: January 3o, 2023 - February 5, 2023

Christian Fernsby |
Events of the last week.

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New York: Zinc8 to relocate, invest $68 million, employ 500

Zinc8Zinc8 Energy Solutions, USA, a long-duration energy storage industry company, will relocate its $68 million manufacturing facility and U.S. headquarters to Kingston, Ulster County at the former Tech City, IBM Ulster campus, now known as iPark 87 business park...

Glovo to lay off 250 employees worldwide

GlovoSpain's Glovo, a unit of Germany's Delivery Hero said on Monday it planned to lay off 250 workers globally, citing a drop in orders and inefficiencies after the COVID-19 pandemic drove a hiring surge...

Green Georgia will create over 170 jobs in Thomaston, Georgia

Green GeorgiaGreen Georgia will create over 170 jobs at the company’s new headquarters in Thomaston, Georgia and invest $59 million in the facility...

iQor to hire 500 employees in Medellín, Colombia

iQoriQor, a managed services provider of customer engagement and technology-enabled BPO solutions, will hire 500 bilingual contact center employees starting in February 2023, in Medellín, Colombia...

UK economy set to slam into reverse in 2023, outlook improves for other G7 nations

LondonBritain’s economy will slam into reverse this year as the cost-of-living crisis hits households hard and will see the worst performance of all the advanced nations, the International Monetary Fund (IMF) has warned...

Samsung Q4 profit climbs, operating profit dropped 68.95 percent

SamsungSamsung reported a profit for the fourth quarter that climbed 120.82 percent from last year...

Boeing to deliver last 747

Boeing 747The last Boeing 747 is scheduled to be delivered on Tuesday after a ceremony at the U.S. company’s factory in Washington state, to cargo carrier Atlas Air...

Biden presents work on Baltimore tunnel, 72,000 new jobs expected

Biden JoePresident Joe Biden heralded work on the Gateway tunnel project, a massive rail infrastructure initiative he said would improve travel for workers heading across the Hudson River between New York and New Jersey...

GM and Lithium Americas to develop U.S. lithium production through $650 million deal

General MotorsGeneral Motors and Lithium Americas announced they will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third largest in the world...

Novartis Q4 income declined 91 percent

NovartisNovartis reported Wednesday that its fourth quarter net income declined 91 percent to $1.47 billion from last year's $16.31 billion. Earnings per share were $0.69, down from $7.29 a year ago...

Shell Q4 earnings $9.81 billion

ShellShell reported that its full year adjusted earnings was $39.87 billion, an increase of 107% from last year...

Eli Lilly Q4 profit $1.94 billion

Eli LillyEli Lilly reported earnings for its fourth quarter that increased from last year...

ConocoPhillips Q4 earnings $3.2 billion

ConocoPhillipsConocoPhillips reported fourth quarter 2022 earnings of $3.2 billion, or $2.61 per share, compared with fourth quarter 2021 earnings of $2.6 billion, or $1.98 per share...

Seoyon E-HWA will create 740 new jobs in Chatham County, Georgia

Seoyon E-HWASeoyon E-HWA will create 740 new direct and indirect jobs and invest almost $76 million in a new manufacturing facility in Chatham County, Georgia...

Bottling Company International will create 57 new jobs in Warren County, Tennessee

Bottling Company InternationalBottling Company International (BCI) officials announced the company will invest $9.5 million to establish a new bottling, storage and distribution facility in Morrison, Tennessee...

Sanofi Q4 profit up 29.1 percent

SanofiSanofi reported Friday that its fourth-quarter net income, on IFRS basis, climbed 29.1 percent to 1.46 billion euros from last year's 1.13 billion euros...

Ford Q4 profit decreases

FordFord released earnings for fourth quarter that decreased from last year...

Amazon Q4 profit down

AmazonAmazon reported a profit for fourth quarter that decreased from the same period last year...

Alphabet Q4 profit down

AlphabetAlphabet announced a profit for fourth quarter that decreased from last year...

Price growth led to record start for Norwegian seafood exports in 2023

Norwegian seafoodNorway exported NOK 12.7 billion worth of seafood in January...

ASSA ABLOY Q4 sales increased by 28%

ASSA ABLOYASSA ABLOY Q4 net sales increased by 28% to a record total of SEK 32,915 M (25,623), with organic growth of 9% (10) and acquired net growth of 5% (–1)...

Aon Q4 income decreased 24%

AonAon reported results for the fourth quarter ended December 31, 2022...

Viatel Technology to create 50 Irish tech jobs

Viatel TechnologyTaoiseach, Leo Varadkar, announced the creation of 50 new jobs over the next 18 months at Viatel Technology Group... â– 

What to read next

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

U.S.: Severe thunderstorms forecast for portions of Plains, Mississippi Valley, and mid south

A deep upper-level trough over the West will begin to move out over the High Plains Thursday, encouraging lee cyclogenesis in the Central High Plains.


Mayor Scott’s statement on Clean Harbors’ decision to not process East Palestine, Oh. wastewater in Baltimore
Mayor Wu to expand Boston's tuition free community college program
New York: Start of construction on $67 million public housing development in Troy
SEACOM announces new group CEO


German public sector wage talks fail, enter truce phase

Bulgarian farmers protest duty-free grain imports from Ukraine
Denmark says object found at Nord Stream 2 pipeline probably empty smoke buoy
At least 31 dead after Philippines ferry carrying 250 passengers catches fire
Multiple people feared dead after two HH60 Blackhawk helicopters collide in Kentucky
U.S.: Northeast snow squalls possible, western active weather continues


£21bn of public money lost in fraud since COVID pandemic, most forever

Electricity Consumers Society of Kenya seeks order quashing increment in power tariffs
Greece raises $2.7 billion
Vitamins market estimated to reach $8.9 billion
New cars sold in EU must be zero-emission from 2035
Azerenergy urges for savings amid drop in water level

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Alfa Romeo Tonale Edizione Bambini, perfect for family

Mayor Scott’s statement on Clean Harbors’ decision to not process East Palestine, Oh. wastewater in Baltimore

Mayor Wu to expand Boston's tuition free community college program

U.S.: Severe thunderstorms forecast for portions of Plains, Mississippi Valley, and mid south


Serbia: Great importance of traffic connection with Hungary

German government introduces draft law to attract foreign skilled workers
Türkiye pledges to supply natural gas to Hungary
Belgium to support Kenya's transformation agenda
Italy's new €19 billion of recovery funds delayed
Hungary and Poland vote against "dangerous" EC gas cuts proposal

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Vitamins market estimated to reach $8.9 billion


Petrofac, Hitachi Energy receive 13 billion euros agreement from TenneT

Lululemon Athletica Q4 revenue increased

Origin Energy agrees to $10.21 billion takeover deal from Brookfield consortium


Dr. Oetker to acquire frozen pizza snacks company Galileo Lebensmittel

Primark giving 26,000 shop workers pay rise from April
Petrofac, Hitachi Energy receive 13 billion euros agreement from TenneT
DP World opens one-stop refrigerated container facility in Sydney
Vale to pay $55.9 million to settle charges related to misleading disclosures prior to deadly dam collapse
SWISS to recruit experienced first officers


Appian appoints Douglas Coleman as head of Mexico

DTiQ announces senior leadership appointment
Vanda Pharmaceuticals appoints Tage Honoré to board
Akhona Qengqe to become KFC Africa’s new general manager
Marlabs appoints Usha Jamadagni as chief delivery officer
Rolls-Royce announces new leadership for Africa


U.S. consumer confidence unexpectedly improves in March

Italy: Consumer confidence strengthens in March
Scotland's onshore GDP increased by 0.9% in January
Italy’s foreign trade with non-EU27 countries increased
U.S. trade deficit for goods rises 0.6% to $91.6 billion in February
Virginia labor force participation nears pre-pandemic level


H&M Q1 profit rises

Lululemon Athletica Q4 revenue increased
Cal-Maine Foods Q3 sales $997.5 million
Jefferies Q1 earnings $134 million
Dollarama Q4 sales increased
Dollarama Q4 sales increased


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?


Ireland: Minister Hackett announces commencement of Organic Farming Scheme 2022 balancing payments

Namibia suspends poultry imports from Argentina, Chile after bird flu outbreaks
Michigan: HPAI detected in Lapeer County flock
Russia's Volgograd region: Batch of celery infected with quarantine harmful objects arrived from Iran
Hong Kong suspends import of poultry meat and products from areas in Argentina, Japan
Emergency support allows families in Moldova to feed their cattle


Acquisitions can nix existing partnerships

Success of working from home depends on company health
Consumers less likely to support brands with unconventional spellings
HR practices have both positive and negative effects on employee mental health
CEO education is no guarantee of stock market success
How remote work affects managers


Former CFO of Russian natural gas company Novatek convicted of making false statements to IRS

William Hill almost lost licence, fined record $24 million for gambling failures
UK construction firms fined nearly £60 million for breaking competition law by bid rigging
Former Puerto Rico mayor convicted of accepting bribes
McDonald's fined $53,000 in South Korea for leaking customers data
Poland: UOKIK fines Merida Polska $573,000



To taste good maple taffy come to Maple Sugar Festival

Watches and Wonders trade fair kicks off in Geneva
Arkansas Times Craft Beer Festival is back and better than ever
laïla, Seychelles opens
Five day street food festival in Mangaluru brings Indian food to city
Qatar International Food Festival is back


Alfa Romeo Tonale Edizione Bambini, perfect for family

Dodge Challenger SRT Demon 170, 1,025 HP for your joy
First GMC Sierra EV, power source on wheels
Ford Puma ST Powershift, most powerful 1.0‑litre EcoBoost engine
Toyota launches new Prius PHEV in Japan
Ariel Atom, serious motor sport or ultimate fun


Italian coffee makers to feel like a pro

Juliska tableware, collections for every occasion
Wool coats, a timeless fashion investment
Venetto bedding, creating a beautiful bedroom space
Bed headboards, sleep like a king
Great rugs for generations responsibly made


Focal Vestia N°3, floorstanding loudspeaker for accomplished performance

New Cherry microphones for professional sound quality
Mobile Fidelity UltraDeck turntable, extreme pursuit of highest level of reproduction
Nokia G22, good smartphone you can fix yourself
NAD C 3050 LE amplifier, a classic reinvented
Asus Zenbook S 13 OLED, ultralighta and powerful laptop with OLED display


China plans random, spot checks at hospitals to track COVID

FDA approves first over the counter naloxone nasal spray
British Columbia takes actions to prevent shortage of diabetes drug
Oklahoma women now have access to expanded pregnancy and postpartum coverage
Luxembourg makes contraception free in April
Legal cannabis markets linked to increased motor vehicle deaths


Supermassive black hole 30 billion times the mass of our Sun discovered

China’s Chang’e-5 lander finds potential water reservoir on moon
Park Board: Help keep Vancouver’s Canada goose population in check
Large asteroid coming close
Kenya on high alert after Tanzania reports Marburg disease outbreak
New findings released from world's most powerful solar telescope