POST Online Media Lite Edition



 

Highlights: September 18, 2023 - September 24, 2023

Christian Fernsby |
Events of the last week.

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6>LightInTheBox Q2 revenues increased by 44.9%
LightInTheBoxLightInTheBox announced its unaudited financial results for the second quarter ended June 30, 2023....

KKR to acquire stake in Singtel's regional data centre unit for $807 million

SingtelSingapore Telecommunications (Singtel) said on Monday global investment firm KKR will acquire a 20 per cent stake in Singtel's regional data centre business for S$1.1 billion ($806.87 million)....

Macy's to hire for more than 38,000 seasonal positions

Macy'sMacy's announced plans to hire for more than 38,000 full- and part-time seasonal positions this upcoming holiday season at its Macy's, Bloomingdale's and Bluemercury stores, as well as its distribution centers....

UAW to strike at more General Motors, Ford and Stellantis plants if no serious progress in talks by Friday noon

UAW workersThe United Auto Workers or UAW union which has been striking at key plants of General Motors, Ford, and Chrysler parent Stellantis, now plans to step up their actions, if there is no serious progress in negotiations by Friday noon ET, according to UAW President Shawn Fain....

Pratt Industries to create hundreds of new jobs in Pennsylvania

Pratt IndustriesGovernor Josh Shapiro and Department of Community and Economic Development (DCED) Secretary Rick Siger joined Pratt Industries Executive Global Chairman Anthony Pratt to announce a new commitment by the corrugated packaging company to invest $500 million and create hundreds of jobs in Pennsylvania over the next ten years....

Webb Fontaine Group awarded 5 year project with Libyan Customs Authority

Webb Fontaine GroupWebb Fontaine Group announces the acquisition of a prestigious 5 year investment project in collaboration with the Libyan Customs Authority, marking a significant milestone in the realm of foreign trade and customs in Libya....

Chick-fil-A Supply will create more than 85 jobs in Rowan County, North Carolina

Chick-fil-A SupplyChick-fil-A Supply will create more than 85 jobs in Rowan County, North Carolina....

Leiber creating 35 new jobs in Rockingham County facility, Virginia

LeiberLeiber will invest up to $20 million to establish its first U.S. operation in Innovation Village in Rockingham County, Virginia....

Egypt to establish 1b euro tire factory in Suez Canal Economic Zone, create 1,000 new jobs

Suez Canal Economic ZoneEgypt will establish a tire factory with investments valued at one billion euros (1.07 billion U.S. dollars) in the Suez Canal Economic Zone (SCZone) northeast of the capital, the Egyptian government said in a statement on Wednesday....

Clinical trial of HIV vaccine begins in U.S. and South Africa

HIV vaccineA trial of a preventive HIV vaccine candidate has begun enrollment in the United States and South Africa....

Iran establishes petroleum projects worth $50b

Reza DehqanDeputy Chief of the National Iranian Oil Company (NIOC) Reza Dehqan said that the country is progressing oil and gas projects worth some $50 billion, Shana news agency reported....

DHL will create 130 jobs at its biomethane production facility in Cork, Ireland

DHL IrelandDHL commits to a 10 year deal with Stream BioEnergy in its biomethane production facility enabling the creation of 130 jobs and supporting an annual carbon reduction of 15,000 tonnes....

Saudi Arabia announces vaccine manufacturing facility, creation of 150 jobs

CitySaudi Authority for Industrial Cities and Technology Zones (Modon) has signed a SAR500 million ($133.30 million) investment agreement with the Vaccine Industrial Company to set up a joint venture factory in Sadeer City....


What to read next

Highlights: January 2 - January 5, 2019
Highlights: January 7 - January 12, 2019
Highlights: January 14 - January 19, 2019

First Toulouse built A321neo rolls out of factory

 
The first A321neo aircraft to be assembled in Toulouse, France, has rolled off the final assembly line.
 
 

Latest

Bulgaria: EPPO conducts searches in investigation into municipal road works
Technical capacity of Balticconnector interconnection point will be increased
Ryanair to recruit 150 new cabin crew at two UK bases
Bulk carrier runs aground in Detroit River

NEWS

Suspected ringleader arrested in EUR 85 million VAT fraud scheme

Guatemala seizes over 265 million dollars from drug smugglers
U.S.: Lake effect snow continues; heavy rainfall potential for Hawaii
All 41 workers rescued from collapsed tunnel in India
5 reported dead in massive flooding in Philippines
Nigerian airliner lands at wrong airport
 

BUSINESS

Almost 600 migrants arrive on Italy's Lampedusa island

REFORMERS project launches Europe’s first Renewable Energy Valley in Netherlands
Australia: First of 50 electric vehicle chargers switched on at transport hubs
Highlights: November 20, 2023 - November 24, 2023
U.S. oil rig count unchanged at 500
Azerbaijan's gas shipments to Italy via TAP dropped 4.3% in January to September
 

Trending Now

Mercosur and UAE to begin trade negotiations in first half of next year

Vietnam becomes world's second shrimp supplier

Wabtec and Marinsa secure marine engine order for new Panama Canal tugboats

Pocket sized DNA sequencers track malaria drug resistance in Ghana in near real time


POLITICS

€1.1 billion Spanish State aid scheme to support investments in equipment to foster transition to net zero economy

Mercosur and UAE to begin trade negotiations in first half of next year
Scottish Cabinet Secretary calls for EU funds to be replaced
Scotland to see record investment for 153 trainee doctors
New York Governor Hochul Announces $100 million for roadway repaving and resiliency enhancements
EU completes ratification of trade agreement with New Zealand
 

Today We Recommend

Almost 600 migrants arrive on Italy's Lampedusa island


Highlights 

Novo Nordisk invests 2.1 billion euros in expansion in Chartres, France creates 500+ new jobs

Boehringer Ingelheim to acquire T3 Pharmaceuticals in deal worth over $500m

Chinese MMG will acquire Botswana copper company for $1.88bn


COMPANIES

Wabtec and Marinsa secure marine engine order for new Panama Canal tugboats

Henry Schein reports more disruption as cyberattackers take credit
Louis Dreyfus offers to acquire Namoi Cotton in $109 million cash deal
EIB provides €450 million loan to Iveco for electric mobility and innovation
Virgin Atlantic airliner crosses Atlantic solely powered by sustainable aviation fuel
Garanti BBVA commits €36.1 million for Işıklar wind power plant to bolster renewable energy expansion
 

CAREERS

Federal Signal Corporation appoints Katrina L. Helmkamp to board

First Resource Bancorp appoints Kristen Fries as CFO
Network International appoints Mpho Sadiki as group managing director, merchant solutions for Africa
Liquid Intelligent Technologies: Oswald Jumira new CEO of Liquid C2 business unit
Marlabs announces Thomas Collins as new CEO
Old Point Financial appoints Paul M. Pickett as CFO
 

ECONOMY

Bankruptcies soar among German large companies

Mexico's economy sees 3.3 pct growth in Q3
Montana reaches 24th consecutive month of unemployment below 3%
Unemployment rates still low for most Tennessee counties
Kyrgyzstan to pay off most of its foreign debt by 2030
German economy contracts slightly in Q3
 

EARNINGS

EasyJet swings to profit

Autodesk Q3 revenue $1,414 million
Nordstrom Q3 revenue $3.3 billion
Deere Q4 profit $2.37 billion
Johnson Matthey sales down 1%, to cut 600 jobs
ThyssenKrupp loss 2.0 billion euros
 

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

Vietnam becomes world's second shrimp supplier

Japan confirms season's second bird flu outbreak
France reports bird flu on turkey farm as disease spreads in Europe
Paraguayan and Bolivian bananas return to Argentina
High level of agreement reached at meeting with farmers in Serbia
4 additional cases of bluetongue detected in UK
 

LEADERSHIP

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
Employee owned businesses deliver an 8 to 12% productivity boost
 

CRIME

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
New Jersey duo defrauded investors and mortgage lenders through $2.5 million investment scam
SEC charges Royal Bank of Canada with internal accounting controls violations
National Association of Realtors and several large brokerages ordered to pay $1.8 billion in conspiracy case
 

Magazine

TRAVEL

Festive winter fun in and around Hannover

Premier Australian motoring event returns this weekend
Yummy cake and bake show in London with great prizes
Tuileries Garden Christmas, magic of Christmas in Paris
Museum of the Moon to welcome all science fans in Larnaca
World of frozen exploration in San Jose
 

SEA, LAND, AIR

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
Ritz-Carlton Yacht Ilma, everything you'd need on water
 

DESIGN

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
 

GADGETS

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
Rogers 65V-1 integrated amplifier delivers remarkable sound made in America
 

HEALTH

Pocket sized DNA sequencers track malaria drug resistance in Ghana in near real time

Novavax's updated COVID-19 vaccine now option for all 194 WHO member states
Japan trials over the counter sales of 'morning after' pill
Swine flu: UK's first human case recovers after mild illness
Research discovers potential new target and drug candidate for Barth syndrome
Measles and rubella vaccine shortages hit Switzerland
 

MEANTIME

Groundbreaking method to match celestial objects across telescopes

Moscow Veterinary Academy celebrates birthday of Russia’s first puppy born to surrogate mother dog
Japan's tallest skyscraper opens in Tokyo
Europe's Ariane 6 rocket successfully completes hot fire test
New Cyprus telescope to provide UK with space awareness
Webb identifies methane in exoplanet's atmosphere