Highlights: May 2, 2022 - May 7, 2022
Christian Fernsby | ▼ May 9, 2022
Events of the last week.
Article continues below
New Jersey Governor Phil Murphy announced that the New Jersey Economic Development Authority (NJEDA) signed a Letter of Intent (LOI) with Orsted Offshore North America for New Jersey's first offshore wind project, Ocean Wind 1...
Focus Foods announced a $1.7 million expansion and relocation from its Celtic Studios base of operations to a larger site in Baton Rouge, Louisiana...
Hydro has announced its bid for the acquisition of Alumetal, one of the biggest manufacturers of secondary aluminium casting alloys and primary alloys based in Poland...
Turkey's daily export volume surged to a new record of nearly $2 billion on Friday, according to Trade Minister Mehmet Mus...
Shell Overseas Investment has agreed to acquire 100% of Solenergi Power for $1.55 billion and, with it, the Sprng Energy group of companies...
G-III Apparel Group said it has agreed to acquire the remaining 81% stake in Karl Lagerfeld for $210 million in cash, becoming the sole owner...
Hydro's adjusted EBITDA for the first quarter of 2022 was NOK 11,165 million, up from NOK 5,182 million for the same quarter last year, resulting in a 12-month rolling Adjusted RoaCE of 23 percent...
Vestas first quarter loss was 765 million euros, compared to last year's loss of 64 million euros...
Bp reported loss for the quarter was $20.4 billion, compared with a profit of $2.3 billion for the fourth quarter 2021...
Pfizer reported strong financial results for first-quarter 2022...
In the first three months of 2022, HUGO BOSS continued its strong financial and operational performance, posting significant top- and bottom-line improvements year-on-year...
Maersk delivered record results for Q1 2022 across its businesses...
ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals...
Equinor reports adjusted earnings of USD 18.0 billion and USD 5.18 billion after tax in the first quarter of 2022...
OMV and EG Group have concluded the transaction in which OMV sold its filling station business in Germany to EG Group...
Petroleo Brasileiro SA (Petrobras) will invest $16 billion to renovate the Campos basin, offshore Brazil, with plans to install three new Floating production storage and offloading (FPSOs) and interconnect more than 100 oil rigs in the area over the next 5 years...
ERIS Lifesciences will acquire 100% stake in Oaknet Healthcare at an equity valuation of Rs 650 crore ($906 million)...
Norway exported seafood worth NOK 11.3 billion in April...
Shell reported that its first quarter CCS earnings attributable to shareholders increased to $5.03 billion from $4.34 billion, prior year...
BMW reported that its first quarter Group net profit surged 256 percent to 10.19 billion euros from last year's 2.83 billion euros...
Gentherm announced that it has entered into a definitive purchase agreement to acquire the automotive business of Alfmeier Prazision...
Air France-KLM reported that its first quarter net loss Group part was 552 million euros, narrower than last year's 1.48 billion euros...
Tri-City Extrusion announced the company will invest $30.8 million to expand its manufacturing operations in Northeast Tennessee...
The Lufthansa Group recovered from the spread of the Omicron variant over the course of the first quarter of 2022...
Lewis Lumber and Milling, Inc., a producer of unfinished hardwood wide plank flooring, cabinet moldings and components, is opening its first manufacturing operation in Pennsylvania and will create 100 new jobs in Clarion County...
Intercontinental Exchange said it will acquire Black Knight in a deal valuing the mortgage-lending software and data analytics firm at $13.1 billion...
Shopify announced that it will acquire Deliverr, a San Francisco, California-based ecommerce fulfillment startup, for $2.1 billion in cash and stock...
Governor Kay Ivey announced that economic development activity across Alabama surged during 2021, with a new report showing that projects launched during the year will inject $7.7 billion in capital investment and nearly 10,200 jobs into the state's strengthening economy...
Credit Agricole posted a sharp fall in first quarter profit...
Entergy Corporation is expanding its northeast Louisiana contact center to triple the number of customer care representatives as part of its commitment to provide high levels of service and communication with its 2.9 million utility customers in four states...
Loblaw announced its unaudited financial results for the first quarter ended March 26, 2022... ■ What to read next
Economic performance in the 3rd quarter was driven by the growing industry, developments in real estate market and transportation, including storage.
Latest Don't know where to go in Paris? To see Moulin Rouge VIP show evening, of course
ADF mobilized $8.9 billion for Africa’s low-income countries, highest in its 50-year history
Three ships to bring Ukrainian foods to India, Turkey, Spain
Depot of the future delivers Australia’s largest electric vehicle logistics fleet
Argentine VP Cristina Fernandez de Kirchner sentenced to 6 years in jail for corruption
New Zealand: TAIC issues report on fire on board cargo ship Kota Bahagia
NTSB urges immediate inspections of Bell 407 helicopters
U.S.: Locally heavy rain and snow
Croatian MiG-21 crashed, both pilots survived
IATA: Airlines to return to profit next year but cargo under pressure
UAW urgently calls on automakers to move supply chain out of China's Uyghur Region
UK's fifth biggest trade union calls for an end to rip-off youth rates
Deal on new law to ensure products causing deforestation are not sold in EU
NHS plans to return retired and partially retired staff to work
European Union committed to mobilize 2.6 billion euros for Armenia
Thousand of Moldova's households to get higher compensations when paying bills
FM: Hungary received exemption from using oil price cap
Commission approves €26.3 million Finnish measure to support SEVO in construction of hydroelectric pump storage
Five Polish regions to get €3.85 billion for just transition toward climate neutral economy
Today We Recommend Highlights
Taiwan Semiconductor to create 10,000 high-paying high-tech jobs in its new chip foundry in Arizona
DAMAC Group signs contract with Mandarin Oriental to manage luxurious resort in Maldives
Kostal to build its new plant in Mexico
Rosatom to supply uranium products to Brazil
Etihad Cargo restarts China-India freighter flights to meet industrial demand
Martinrea International appoints Maureen Midgley to board
SouthGobi Resources appoints three directors
Canon Europe promotes Hiro Imamura to EVP, digital printing & solutions
BioMar appoints Andrew Campbell as CEO for AQ1
Roche appoints Brad Moore as CEO of Roche Diagnostics North America
Canada's international merchandise exports rose 1.5% in October
Brazil's Central Bank adjusts 2022 inflation projections by 0.01%
Australian GDP up 0.6 pct in Q3
Egypt’s net foreign reserves rise to $33.532 billion
Italy: Harmonized inflation inches down in November
AutoZone Q1 net income decreased to $539.32 million
Genesco Q3 2023 GAAP earnings $1.66
Kirkland's Q3 sales $131.0 million
Cracker Barrel Old Country Store Q1 2023 revenue $839.5 million
Malvern Bancorp Q4 net income $2.6 million
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?
Rospotrebnadzor: Swine flu reported in 74 Russian regions
Hong Kong Customs detects suspected frozen meat smuggling case involving cargo vessel
First direct train from Laos to China arrives with 543 tons of fruit
Vets cull 15,000 ducks in Czech Republic over bird flu outbreak
Hong Kong suspends poultry meat and products import from areas in Canada
Corporate duty waivers limit organic company growth and innovation
Women buy from women, men buy from women and men
How employee opinion impacts CEO dismissal
Keeping it in family can be good news when it comes to CEOs
Over a third of office workers are hybrid 'misfits'
AT&T settles SEC charge of selectively disclosing material information to Wall St. analysts
Hertz to pay $168 mln to settle over 95% of wrongful theft report claims
Glencore to pay Republic of Congo $180 mln over alleged corruption claims
Fraudsters target water infrastructure projects, OLAF closes several cases
Rhode Island man to pay more than $2.8 million in restitution for virtual currency fraud
All aboard the Heathrow Festive Express
Asuncion, Mother of Cities and Paraguay’s center of culture, music and shopping
"Pets with Love" Dog Adoption Carnival 2022 to be held in Hong Kong
Weather-resistant ArtWalk Downtown Billings, Montana
Dual branded Courtyard and Residence Inn by Marriott Hotel opens in Montreal
New colorful Porsche 718 Style Edition models
2023 Toyota Prius Prime, solar panel roof and reliability
Volvo EX90, a car with updates
Cessna Citation CJ4 Gen2 jet, pursue your business goals while enjoying journey
GMC first Sierra EV marks turning point
Real life wallpapers, perfectly executed
A. Lange & Söhne, men's watches with true Saxonian DNA
Nella Vetrina, luxurious Italian designers bathroom vanities and furniture
Karastan rugs, durable and beautiful
Leather bags for every occasion and every life style
Take Elektor Fortissimo and make your own high-end amplifier
RangeXTD, a Wi-Fi extender that actually works
Monitor II A.N.C. headphones, iconic Marshall sound
Zebra TC15, a clever mix of a mobile phone and a computer for business use
Bathroom speakers will make your relaxing even better
Strep A killed at least nine children in UK
Justice Department secures agreement with Alabama Medicaid to remove unlawful sobriety mandate for health care access
Pfizer and BioNTech apply for FDA authorization for Omicron-retooled vaccine booster in kids under 5
Cornwall first area in England to trial NHS Digital Health Check
Huge rise of scarlet fever cases in UK, 6 kids dead of Strep A
NASA testing new robotic arm that really knows how to chill out
Mars is more active than previously thought
James Webb telescope produces an unparalleled view of the ghostly light in galaxy clusters
China's two meteorological satellites put into operation
Lagoon dries up as drought grips Peru