Highlights: June 6, 2022 - June 12, 2022
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Repsol to manufacture a 'super polymer'
Repsol will invest 105 million euros in the Puertollano Industrial Complex to build the first plant in the Iberian Peninsula capable of manufacturing ultra high molecular weight polyethylene (UHMWPE), a material considered a 'super polymer' due to its exceptional properties....Prettl Group to open its third plant in Mexico
On his second day of work in Hannover, Germany, the governor, Mauricio Kuri Gonzalez, held a meeting where the creation and opening of the third plant of the Prettl Group in Queretaro was finalized, which will generate more than 1,800 new jobs, making it one of the main employers in the state....Adani Transmission to acquire Mahan-Sipat transmission project from Essar for $250m
Adani Transmission (ATL) has agreed to acquire the operational 400kV Mahan-Sipat transmission project in Central India from Essar Power for INR19.13bn ($250m)....Pfizer to produce COVID-19 oral treatment in U.S., create more than 250 additional high-skilled jobes
Pfizer announced that it will further strengthen its commitment to United States manufacturing with a $120 million investment at its Kalamazoo, Michigan, facility, enabling U.S.-based production in support of its COVID-19 oral treatment, PAXLOVIDTM (nirmatrelvir ...Compass Diversified Holdings to acquire PrimaLoft in $530 million deal
Compass Diversified Holdings has agreed to buy PrimaLoft in a transaction valuing the provider of synthetic insulation at about $530 million, including debt....Egyptian-Emirati consortium to acquire majority stake in Lekela Power in approximately $1 billion deal
A consortium comprised UAE-based Masdar and Egypt's Infinity Energy will acquire a majority stake in Lekela Power, Reuters reported, citing informed sources....South Carolina: Health Supply US establishing Glove One operations in Greenville County, creating 600 new jobs
Health Supply US announced plans to establish new manufacturing operations in Greenville County, South Carolina....Inditex reports Q1 revenue growth 36%
The quarter was marked by a sharp recovery in store footfall and a warm reception for all seven brands' new season collections....Voestalpine revenue rose 36.9%
Voestalpine posted record results in the business year 2021/22 (April 1, 2021 - March 31, 2022)....Advanced Call Center Technologies to create 650 new jobs in Sullivan County, Tennessee
Advanced Call Center Technologies (ACT) will establish new operations in Bristol and Kingsport, creating 650 new jobs in Sullivan County, Tennessee....American Packaging Corporation to bring new manufacturing facility and jobs to Cedar City, Utah
American Packaging Corporation (APC) has announced that it's opening a new 275,000-square-foot Center of Excellence manufacturing facility in Cedar City, Utah....Abu Dhabi's Mubadala and EQT Private Equity to acquire Swedish firm Envirotainer in $3 billion deal
Abu Dhabi sovereign investor Mubadala Investment Company and private equity firm EQT are set to acquire Envirotainer, a Swedish biophama transport services provider, from Cinven and Novo Holdings....Ocean Insight to expand operations in Monroe County, N.Y., creating up to 100 new jobs
Ocean Insight, a spectroscopic systems developer and manufacturer, is ready to expand its Monroe County operations and committing to creating up to 100 new jobs over the next five years....Bank of Canada says some Canadians could see mortgage payments jump by 45%
Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45 per cent in 2025-26, according to a Bank of Canada scenario....Devon Energy acquires Rim Rock Oil and Gas leasehold interest and assets for $865 million
Devon Energy agreed to acquire the leasehold interest and related assets of RimRock Oil and Gas, a Warburg Pincus portfolio company focused in the Williston Basin, for total cash consideration of $865 million....Ghana's inflation surges to 27.6 pct in May
Ghana's consumer inflation rate increased 4 percentage points to 27.6 percent year on year in May, compared with the 23.6 percent recorded a month earlier, said the Ghana Statistical Service....U.S. prices on annual basis saw largest increase since 1981
The U.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported....TikTok to create 1,000 jobs in Ireland
TikTok will create another 1,000 new jobs in Ireland, bringing its workforce in the country to over 3,000....New York City: Record $101 billion budget
New York Mayor Eric Adams and the City Council have agreed to a record $101.1 billion budget....U.S. gasoline average price tops $5 per gallon for first time in history
The price of U.S. gasoline averaged more than $5 a gallon for the first time on Saturday, data from the gas station showed.... ■