POST Online Media Lite Edition


Highlights: June 14, 2021 - June 18, 2021

Christian Fernsby |
Events of the last week.

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Vietnam's seafood exports increased by 14% in 5 months

Vietnam seafoodAccording to Vietnam Association of Seafood Exporters and Producers (VASEP), in May 2021, seafood exports continued to recover positively when growing by 24%, with a turnover of nearly 790 million USD....

Cano Health acquires University Health Care for $600 million

Cano HealthCano Health and University Health Care and its affiliates announced Cano Health has acquired University and its affiliates for $600 million....

Cornucopia ready to acquire Magnachip in $1.66 billion deal

MagnachipMagnachip confirmed receipt of an unsolicited proposal....

Alabama: Landing moving headquarters to Birmingham, with plans to create over 800 jobs

AlabamaLanding plans to relocate its headquarters from San Francisco to Birmingham, Alabamawhere it will create 816 new full-time jobs as it accelerates growth plans....

Frankfurt Airport: 356.9 percent year-on-year increase in passengers traffic

Frankfurt AirportDespite the ongoing and widespread impact of the Covid-19 pandemic, aviation traffic is beginning to recover: in May 2021, Frankfurt Airport (FRA) welcomed 1.25 million passengers....

Emirates loss $6.0 billion

EmiratesEmirates Group announced 2020-21 results....

H&M Q2 net sales up 75 percent in local currencies

H&MH&M reported Tuesday that its second quarter net sales increased 62 percent to 46.51 billion Swedish kronor from last year's 28.66 billion kronor....

Georgia May net tax revenues up 68.1 percent

GeorgiaThe State of Georgia's May net tax collections approached $2.66 billion for an increase of roughly $1.08 billion, or 68.1 percent, compared to May 2020 when net tax collections totaled $1.58 billion....

Bahrain unveils $1.2bn stimulus package for COVID-hit sectors

Isa Al KhalifaBahrain's His Majesty King Hamad bin Isa Al Khalifa issued a royal decree extending a number of initiatives launched within the economic stimulus package worth BD485 million ($1.2 billion) designed to protect livelihoods and mitigate the impact of Covid-19 on the economy. ...

Texas Central and Webuild to work on Texas train project that will create tens of thousands of jobs

Texas CentralTexas Central, developers of the high-speed train between Dallas and Houston, has signed a $16 billion contract with Webuild, operating in the U.S. market with The Lane Construction Corporation to lead the civil construction team that will build the Texas passenger line....

Iran's steel export hits 146% growth in current year

Steel pipesA statistical study of performance of major steelmaking units in country showed that export of steel products in the first two months of current Iranian calendar year (from March 21 to May 21) registered a 146 percent growth....

Oracle Q4 profit $4.03 billion

OracleOracle reported fourth quarter profit of $4.03 billion or $1.37 per share, compared to $3.12 billion or $0.99 per share last year....

La-Z-Boy Q4 profit up greatly

La-Z-BoyLa-Z-Boy Tuesday reported fourth quarter profit of $37.5 million or $0.81 per share, up from $2.30 million or $0.05 per share last year....

Equinor expects gross investments in renewables of around $23 billion, free cash flow of $45 billion

Anders Opedal, President and CEOEquinor presented its strategy to accelerate the company's transition while growing cash flow and returns....

Amazon: $300 million to develop thousands of new affordable housing units

AmazonAmazon announced a commitment of $75 million in below-market capital for developers to create 800 affordable homes in the Nashville, Tennessee area near WeGo high-capacity transit corridors....

Amazon robotics facility, 1,000 new jobs coming to Louisiana

AmazonAmazon announced the company's latest robotics fulfillment center in Louisiana, with over 1,000 jobs and a $200 million capital investment coming to Baton Rouge, Louisiana....

UK reaches deal on U.S. tariff dispute

Liz TrussThe International Trade Secretary Liz Truss has today struck an historic deal with the U.S. on the Airbus-Boeing dispute in a good mobe for industries like Scotch whisky....

Lennar Q2 earnings $831.36 million

LennarLennar announced earnings for its second quarter that advanced from the same period last year....

Danaher to buy Moderna supplier Aldevron for about $9.6 billion

ModernaDanaher Corporation announced that it has entered into a definitive agreement to acquire Aldevron, for a cash purchase price of approximately $9.6 billion....

Kerry sells its consumer foods meats and meals business to Pilgrim's Pride for 819m euros

Kerry GroupKerry Group plc has reached agreement to sell its Consumer Foods' Meats and Meals business in the UK and Ireland to Pilgrim's Pride Corporation for a cash consideration of 819m euros (704m pounds) subject to routine closing adjustments....

EU passenger car market expands 53.4% in May

Electric vehicleIn May 2021, passenger car registrations in the European Union rose by 53.4% compared to last year, totalling 891,665 units, The European Automobile Manufacturers' Association (ACEA) reported....

Losses from magnitude 7.0 earthquake in Japan $1.62 billion

February 13th Japan earthquakeInsured losses from the magnitude 7.0 earthquake that struck off the coast of the Fukushima region of Japan on February 13th 2021 have continued to rise and at a faster pace....

What to read next

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Highlights: April 29 - May 5, 2019
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Kentucky names new Deputy State Veterinarian

The Kentucky State Board of Agriculture (SBOA) has unanimously approved Dr. Mark Roozen to serve as the new Deputy State Veterinarian at the Kentucky Department of Agriculture (KDA).


Delaware offers tuition incentive to attract certified nurse assistants
AG Ferguson on federal complaint against Meta: Zuckerberg new Facbook is dangerous for young people
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


Bosnia and Herzegovina Prosecutor Office welcomed largest sentence imposed for corruption so far

U.S.: Rounds of moisture will continue
5.1 magnitude tremor strikes near Istanbul
At least 11 hikers killed, dozen missing after Indonesia volcano eruption
Venezuelans wants part of Guyana to get minerals
Dutch lawyers seek court order to halt export of F-35 fighter jet parts to Israel


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
Iran’s auto production up 18% YOY

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Škoda begins production of fourth generation Superb at Bratislava plant

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

Atlas Copco signs deal to acquire Kracht

Bosnia and Herzegovina Prosecutor Office welcomed largest sentence imposed for corruption so far


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

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AG Ferguson on federal complaint against Meta: Zuckerberg new Facbook is dangerous for young people


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


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
Evergrande debt restructuring hearing postponed again
Texas AG Paxton sues Pfizer for misrepresenting COVID-19 vaccine efficacy and conspiracy


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
Amylyx Pharmaceuticals appoints Camille L. Bedrosian as chief medical officer
Federal Signal Corporation appoints Katrina L. Helmkamp to board


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?


Philippines joins Blue Carbon Action Partnership to strengthen coastal ecosystems

Thailand aims to export more bananas
Philippines to import onions to avert price surges
New avian vaccine approved in Russia
Soaring olive oil prices in Greece make it luxury
Minister Ng: Canada disappointed with unfair U.S. duties on softwood lumber products


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



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
Yummy cake and bake show in London with great prizes


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


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
Loss of auditory nerve fibers uncovered in individuals with tinnitus


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