POST Online Media Lite Edition



 

Highlights: September 13, 2021 - September 17, 2021

Christian Fernsby |
Events of the last week.

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Events of the last week.[break]


Sydney Airport agrees to 17.37 billion U.S. dollars takeover

Sydney AirportAfter several rejected bids, Australia's Sydney Airport accepted a takeover bid from investment group Sydney Aviation Alliance consortium at 8.75 Australian dollar (6.44 U.S. dollars) per share on Monday, which will equate to a deal of 23.6 billion Australian dollar (17.37 billion U.S. dollars)....

KKR company to acquire all shares of Ocean Yield in $831.7 million deal

Ocean YieldOctopus Bidco, currently under name change from WR Start Up 418, a company indirectly wholly owned by funds advised by Kohlberg Kravis Roberts and its affiliates (KKR), has reached an agreement with Ocean Yield, the Oslo Stock Exchange listed ship owning company, to launch a recommended voluntary cash tender offer for all outstanding shares of the Company....

Avia Solutions Group to enter into strategic partnership with Certares through 300 million euros investment

Avia Solutions GroupAvia Solutions Group announced it has entered into a strategic partnership with Certares Management, a U.S. investment specialist dedicated to the travel, tourism and hospitality sectors, in which Certares will provide a 300 million euros structured equity investment....

TransUnion to buy Neustar for $3.1 bln

TransUnionTransUnion said on Monday it would buy information services company Neustar for $3.1 billion in cash....

NANTRenewables to open facility in Georgia, create over 100 jobs

Savannah, Georgiabioplastics company NANTRenewables will invest up to $29 million to build a manufacturing facility at SeaPoint Industrial Terminal Complex in Savannah, Georgia....

Amazon to hire 125,000 employees across U.S.

AmazonAmazon announced that it is providing an additional 125,000 local employment opportunities throughout the U.S., on top of the 40,000 corporate and technology jobs announced earlier this month....

Boeing forecasts $9 trillion aerospace market opportunities

BoeingBoeing released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19....

New vehicle prices surge to record highs for fifth straight month

New carsAccording to a new report from Kelley Blue Book, new-vehicle prices hit another all-time high in August 2021, marking the fifth straight record-setting month....

UK inflation jumps to highest rate in nine year

UK streetBritain's annual inflation rate rose by 3.2 percent, the biggest rise since 2012 and a sign that food, petrol and energy prices are in danger of overheating the economy....

Bahrain exports surge 103% to top $1bn in August

BahrainThe value of exports of Bahrain origin increased by 103% to BD386 million ($1.01 billion) during August 2021, compared to BD190 million for the same month of the previous year....

Kansas City Southern accepts $31 billion deal from Canadian Pacific

Kansas City SouthernKansas City Southern announced that the company's board of directors, in consultation with its financial and legal advisors, has unanimously determined that the acquisition proposal KCS received from Canadian Pacific Railway continues to constitute a "company superior proposal" with Canadian National Railway Company (CN)....

EIB backs EUR 4.8 billion new financing

European Investment BankThe Board of Directors of the European Investment Bank (EIB) approved plans to strengthen its global development engagement....

Thermo Fisher Scientific to expand operations in North Carolina, create 290 jobs

Thermo Fisher ScientificThermo Fisher Scientific Inc. will create 290 new jobs in Pitt County, North Carolina....

Virginia: Aery Aviation to expand in Newport News, create 211 new jobs

Aery AviationAery Aviation, LLC will invest $15.3 million to expand its global headquarters in Newport News....

EarthLink to create 285 new jobs in Norton, Virginia

EarthLinkEarthLink will invest $5.4 million to establish a major customer support center in Norton....

Service Center Metals to invest $101.7 million in Virginia, creating 94 new jobs

Service Center MetalsService Center Metals will invest more than $100 million to expand in Prince George County, Virginia....

Grifols to buy majority stake in Biotest for $1.3 billion

GrifolsGrifols announced its agreement with Tiancheng International Investment to acquire 100% of the shares of Tiancheng Germany Pharmaceutical Holdings, German company owner of 89.88% of Biotest ordinary shares and 1.08% of Biotest preferred shares for EUR 773 million and a loan in the amount of EUR 313 million....


What to read next

Highlights: September 17 - September 23, 2018
Highlights: April 29 - May 5, 2019
Highlights: June 8 - June 13, 2015

U.S.: Areas of severe thunderstorms and heavy rain through the weekend

 
Upper-level ridging weakens from the Ohio Valley to the Southeast on Friday, resulting in a reduced area of Heat Advisories over the east.
 
 

Latest

Baker Hughes: U.S. oil rig count down by 6 to 432
Malaysia introduces new rules prohibiting all plastic waste imports from U.S.
Kazakh-German JV Skyhansa to build $500 mln airport near Chinese border
Ukrainian poultry products gained access to Oman market

NEWS

EPPO targets criminal organisation suspected of VAT fraud involving sales of diesel

U.S.: Severe thunderstorms in the Northern Plains and Upper Midwest
Former U.S. senator Bob Menendez begins serving 11-year bribery sentence
Russian-linked tanker crew accused in Finland-Estonia undersea cable sabotage probe
Croatia: Former minister sentenced to two years of imprisonment for abuse of office and authority
U.S.: Widespread showers across the eastern half, severe thunderstorms in Montana into the Plains
 

BUSINESS

Peru's mining exports jump 23 pct

Vietnam encourages private businesses to invest in railway sector
Baker Hughes: U.S. oil rig count down by 1 to 438
AfDB to provide $184.1 million for Africa’s largest solar energy and battery storage project
EIB supports Bay of Biscay electricity interconnection between Spain and France
U.S., UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone
 

Trending Now

Peru's mining exports jump 23 pct

Fire in Egyptian hospital kills at least seven coronavirus patients

Egyptians start paying taxes on imported mobiles

Micron plans to invest $200 billion in semiconductor manufacturing and R&D


POLITICS

New York Power Authority directed to develop nuclear power plant

Cuban President begins official visit to Belarus
EU adopts new tariffs on Russian and Belarusian agricultural goods and fertilisers
EU proposes banning LNG gas imports from Russia by end of 2027
New York Governor announces Sullivan County broadband project
Zimbabwe to ban lithium concentrate exports
 

Today We Recommend

New York Power Authority directed to develop nuclear power plant


Highlights 

Micron plans to invest $200 billion in semiconductor manufacturing and R&D

750 new jobs coming to Michigan

WFS to open new multi-purpose terminal at Lyon Airport


COMPANIES

Micron plans to invest $200 billion in semiconductor manufacturing and R&D

750 new jobs coming to Michigan
LS Cable and unit join Korea-Japan submarine cable project
WFS to open new multi-purpose terminal at Lyon Airport
CEVA Logistics renews contract to transport aeronautics parts between France, Morocco, Tunisia
Malian government takes over Canadian-owned Barrick Gold mine
 

CAREERS

Bluecrux appoints four new partners

Isomorphic Labs appoints Ben Wolf as chief medical officer
Vodacom names new international markets CEO
David Andreadakis joins Loyalty Juggernaut as chief commercial officer
Tom Montali joins CSL as business development director
Concirrus appoints Steve O'Reilly as product manager
 

ECONOMY

EU-Mercosur trade up substantially in last decade

Russia's trade surplus falls 18.3% to $42.4 bln in January-April
U.S. economy in Q1 revised up to 0.2-pct contraction
Japan loses top creditor position for first time in 34 years
NZ exports to EU jump 28% in first year of trade deal
EU generated €39.2 billion surplus in trade in agricultural products
 

EARNINGS

Ericsson Q2 sales down but North America up

Lockton revenue $3.55 billion
Motorcar Parts of America Q4 sales $189.5 million
Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
 

OP-ED

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?
 

AGRIFISH

Ireland: Minister Donohoe removes broiler poultry farmers from VAT Flat Rate Addition scheme

FLI tests mobile One Health laboratory for diagnosing highly pathogenic pathogens
First vaccine against swine dysentery disease recommended for approval
USDA expands fruit pest quarantines in New York and California
Peru records 23.6% growth in agricultural export sales compared to 2024
China allows imports of rapeseed meal, soybean meal from Uruguay
 

LEADERSHIP

Study: Missing a deadline has a bigger impact than you might think

Employers prefer younger job candidates for AI roles although experienced workers perform same or better
Study finds workers misjudge wage markets
Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
 

CRIME

German court convicts four ex-Volkswagen managers of fraud in emissions scandal

EU fines carmakers €458 million for anti-recycling cartel
Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing
BHP, Vale agree to pay $30B damages for Brazil dam disaster
Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe
SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod
 

Magazine

TRAVEL

Radisson Hotel Group debuts in the heart of Tunisia’s capital city, Tunis

Morocco’s first Radisson branded hotel opens in Casablanca
Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
 

SEA, LAND, AIR

Citroën C3 Aircross, the most affordable compact SUV with 7 seats

2025 Chevrolet Equinox stands apart with fresh looks and capability
Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
 

DESIGN

Cold night, hot fire pit, cool entertainment

Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
Schüller kitchens, where functionality marries design
 

GADGETS

MESA/Boogie Celebrates 40-year partnership with John Petrucci

reMarkable 2, monochrome tablet for your thoughts and your eyes
OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
 

HEALTH

Bolivia declares national health emergency due to measles outbreak

Hong Kong researchers develop needle-free flu vaccine with broad protection
World's first vaccines that don't need refrigeration entered trials
First patient enrolled in Phase 1 clinical trial of Akiram’s cancer drug candidate
FDA grants marketing authorization of first home test for chlamydia, gonorrhea and trichomoniasis
Human cases of anthrax reported in western Mongolia
 

MEANTIME

Cost of keeping wind turbines out of sight

Mission to "weigh" all of Earth's forests from space launched
NASA's SPHEREx space telescope begins mapping entire sky
Russian academics, gas industry experts see undersea LNG transportation as feasible
India launches space docking experiment mission
World-first carbon-14 diamond battery made