Chancellor Olaf Scholz took just days to announce seismic shifts in Germany’s military, foreign and economic policies after Russia invaded Ukraine. Germany would plough 100 billion euros ($107 billion) into revamping the army, send weapons to Kyiv and wean itself off Russian energy. Wracked by guilt over the Holocaust, post-war Germany has always tread lightly on the world stage and pursued a pacifist approach when it came to conflicts. Until then, Germany was happy to take on the mantle of Europe’s leading economic force, but not a military power. After months of scrambling for new energy sources, Scholz recently proudly proclaimed that Germany is now “independent from Russian gas”.
TSLA shares dropped Thursday as investors backed out of speculative betas made ahead of Tesla's investor day event. Headlines and investor chatter going into the Tesla investor day stirred some expectations for major announcements. Tesla has also reportedly made a bid for lithium stock Sigma Lithium (SGML), according to Bloomberg. Much of that run-up reflected Tesla investor day buzz. The Global X Lithium & Battery Tech ETF (LIT) also retreated 1.3% and the Amplify Lithium & Battery Technology ETF (BATT) dumped 1.4% Thursday.25 days ago Investor's Business Daily
Marseille 0, PSG 3Kylian Mbappé scored twice and Lionel Messi got the other goal as the World Cup final stars combined to give French league leader Paris Saint-Germain a 3-0 win at title challenger Marseille. What better place to do it than at bitter rival Marseille, where PSG lost in the French Cup earlier this month without the injured Mbappé in the team? A win would have moved second-place Marseille within two points of defending champion PSG. Galtier is from Marseille and played for the club as a gritty defender, which means some Marseille fans are simply unable to understand why he is coaching PSG. Defeat means Marseille is now only two points ahead of third-place Monaco and fourth-place Lens, which both have 50 points.27 days ago Macau Daily Times
AdvertisementWestford, USA,, Feb. 27, 2023 (GLOBE NEWSWIRE) — The Asia Pacific region is set to witness significant growth in the high concentrated photovoltaic market . The market faced a significant obstacle in the past due to its higher prices compared to traditional solar photovoltaic (PV) technology. This significant decline in solar PV module prices is projected to impact the global high concentrated photovoltaic market positively. SkyQuest has recently published a comprehensive research report on the high concentrated photovoltaic market, providing a detailed industry overview. Key Developments in High Concentrated Photovoltaic MarketDubai’s ambitious concentrated solar power project has successfully started supplying electricity to the grid.27 days ago Business Upturn
Lionel Messi has been crowned The Best FIFA Men's Player 2022. Messi also won 2019 Best FIFA Men's Player award and becomes the third player to receive the accolade twice, after Cristiano Ronaldo and Robert Lewandowski. How the FIFA Best Men's Player award winner was decidedA total of 14 players were initially nominated for The Best FIFA Men's Player award, having been chosen by a panel of experts. The Best FIFA Men's Player award was presented to the individual with the most points. The voting procedure for The Best FIFA Men's Player Award was supervised by independent observers.27 days ago The Business Standard
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ GS: PRIM) (“Primoris” or the “Company”) today announced financial results for its fourth quarter and full year ended December 31, 2022 and provided the Company’s initial outlook for 2023. Full Year 2022 Results OverviewRevenue for the year ended December 31, 2022 increased by $923.0 million, compared to 2021. Please see the accompanying tables to this press release for reconciliations of the following non‐GAAP financial measures for Primoris’ current and historical results: EBITDA, Adjusted EBITDA, Adjusted Net Income and Adjusted EPS. The Company defines Adjusted EPS as Adjusted Net Income divided by the diluted weighted average shares outstanding. Because Adjusted Net Income and Adjusted EPS, as defined, exclude some, but not all, items that affect net income and diluted earnings per share, they may not be comparable to similarly titled measures of other companies.27 days ago Business Wire
Virginia lawmakers couldn’t agree on legislation to launch commercial adult-use cannabis sales this year, but instead approved a bill last week that would more tightly regulate hemp-derived THC products in the state. Both chambers of the Virginia General Assembly voted Feb. 24 to send House Bill 2294 to Gov. The 36-page bill establishes license requirements and stricter labeling rules for hemp-derived THC products, which are now largely unregulated and sold at gas stations and convenience stores throughout the state. Last year, the Virginia General Assembly created a 16-member task force to study the issue of delta-8 and other hemp-derived THC products being sold in the state. The new labeling rules would also bar any hemp-derived THC products from being marketed as curing, treating or preventing any disease, the news outlet reported.28 days ago Cannabis Business Times -
According to Yinchuan Customs, Ningxia registered trade transactions under the RCEP worth 839 million yuan (about 121.8 million U.S. dollars) in 2022, resulting in a customs tax concession of 25 million yuan. “The implementation of the RCEP has brought advantages in terms of customs clearance and tax incentives, and further reduced our costs. Since the RCEP came into effect, the company has declared goods exceeding 56 million yuan under the RCEP, and enjoyed a tariff concession of nearly 1.7 million yuan. The RCEP has expanded its list of tax relief items to include auto parts, mechanical, electrical, and steel products, among others. In 2022, customs authorities in Ningxia issued 652 RCEP certificates of origin to 45 companies, which exempted them from an estimated 22 million yuan in tariff.29 days ago Macau Business