Highlights: January 3o, 2023 - February 5, 2023
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New York: Zinc8 to relocate, invest $68 million, employ 500
Zinc8 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
Spain'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 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
iQor, 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
Britain’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
Samsung reported a profit for the fourth quarter that climbed 120.82 percent from last year...Boeing to deliver last 747
The 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
President 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 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
Novartis 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
Shell 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 Lilly reported earnings for its fourth quarter that increased from last year...ConocoPhillips Q4 earnings $3.2 billion
ConocoPhillips 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-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 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
Sanofi 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
Ford released earnings for fourth quarter that decreased from last year...Amazon Q4 profit down
Amazon reported a profit for fourth quarter that decreased from the same period last year...Alphabet Q4 profit down
Alphabet announced a profit for fourth quarter that decreased from last year...Price growth led to record start for Norwegian seafood exports in 2023
Norway exported NOK 12.7 billion worth of seafood in January...ASSA ABLOY Q4 sales increased by 28%
ASSA 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%
Aon reported results for the fourth quarter ended December 31, 2022...Viatel Technology to create 50 Irish tech jobs
Taoiseach, Leo Varadkar, announced the creation of 50 new jobs over the next 18 months at Viatel Technology Group... â–