Al Hassan Ghazi Ibrahim Shaker Co. announces a strong start to FY24, reporting a 12.09% YoY increase in net profit to reach SAR 32.25 million in Q1-FY24
Operating income of SAR 31.35 million , up 9.59% YoY, primarily driven by higher revenues, and gross profit, offsetting the higher SG&A expenses in line with increased strategic marketing efforts. , up 9.59% YoY, primarily driven by higher revenues, and gross profit, offsetting the higher SG&A expenses in line with increased strategic marketing efforts. Net profit 1 of SAR 32.25 million , up 12.09% YoY, driven by strong revenue growth, enhanced operational performance, and lower finance costs. of , up 12.09% YoY, driven by strong revenue growth, enhanced operational performance, and lower finance costs. Shaker continued to expand its digital footprint, as its e-commerce platform experienced strong growth driven by ongoing efforts to improve user experience and broaden online offerings.
Source:The Bubble
May 12, 2024 13:16 UTC
Statement by the Prime Minister on the death of the Honourable Jim Peterson
Statement by the Prime Minister on the death of the Honourable Jim PetersonAdvertisementOTTAWA, ON, May 11, 2024 /CNW/ – The Prime Minister, Justin Trudeau, today issued the following statement on the death of the Honourable Jim Peterson:“It is with great sadness that I learned of the death of the Honourable Jim Peterson, former Member of Parliament for Willowdale, in Toronto, Ontario. “A lawyer by profession, Jim established himself as a respected and distinguished legal mind before transitioning into politics, where he served as Member of Parliament for Willowdale, advocating tirelessly for his constituents. During his tenure in Parliament, Jim played a pivotal role in shaping Canada’s international trade policies, as then Secretary of State under Prime Minister Chrétien and as Minister of International Trade under Prime Minister Martin. After an illustrious twenty-three years of serving his fellow Canadians, Jim retired from politics in 2007. He will be dearly missed.”This document is also available at http://pm.gc.caSOURCE Prime Minister’s OfficeDisclaimer: The above press release comes to you under an arrangement with PR Newswire.
Source:The Bubble
May 11, 2024 18:51 UTC
Report on Africa’s digital economy, China-Africa cooperation released in Kenya
AdvertisementNAIROBI, Kenya, May 10, 2024 /PRNewswire/ — This is a report from China.org.cn:A report on Africa’s digital economic development index and China–Africa cooperation on the digital economy was released in Nairobi, Kenya, on Friday. Jointly published by the China-Africa Economic & Trade Research Institute and Datasparkle, the report provides observations and analyses of Africa’s digital economy evolution and explores avenues for collaboration between China and Africa in the digital realm. The report underscores Africa’s vast potential for the digital economy while noting significant regional disparities and systemic imbalances. At the macro level, it suggests strengthening top-level planning, expanding cooperation opportunities, bolstering digital infrastructure, promoting digital transformation through expanded applications, and fostering an inclusive environment for digital economic development. Full report: Africa Digital Economy Development Index and China-Africa Digital Economy Cooperation Reporthttp://download.china.cn/en/pdf/2024%E5%B9%B4%E6%8A%A5%E5%91%8A%E7%BB%88%E7%A8%BF.pdfReport on Africa’s digital economy, China–Africa cooperation released in Kenyahttp://www.china.org.cn/world/2024-05/11/content_117181660.htmView original content to download multimedia:https://www.prnewswire.com/news-releases/report-on-africas-digital-economy-china-africa-cooperation-released-in-kenya-302142876.htmlSOURCE China.org.cnDisclaimer: The above press release comes to you under an arrangement with PR Newswire.
Source:The Bubble
May 11, 2024 18:39 UTC
In coping with more frequent extreme weather, more concerted efforts are required
This, is just a tiny example of what extreme weather can do. According to experts, the increased frequency of extreme weather is inseparable from the impact of global warming. A piece released on the Nature website suggested that 2024 could see even more extreme weather and climate impacts than 2023. To bring extreme weather back to “once in a centennial,” the world needs to see more solidarity and concerted efforts from all parties. China Mosaichttp://www.china.org.cn/video/node_7230027.htmIn coping with more frequent extreme weather, more concerted efforts are requiredhttp://www.china.org.cn/video/2024-05/10/content_117179991.htmView original content to download multimedia:https://www.prnewswire.com/news-releases/in-coping-with-more-frequent-extreme-weather-more-concerted-efforts-are-required-302142198.htmlSOURCE China.org.cnDisclaimer: The above press release comes to you under an arrangement with PR Newswire.
Source:The Bubble
May 11, 2024 06:20 UTC
InventHelp Inventors Develop Improved Brassiere for Storing Personal Items (DAL-473)
Our design prevents stored items from touching the skin or becoming loose and falling, and it eliminates the need to carry or keep track of a heavy purse.”The patent-pending invention provides an improved way to store items within a bra. In doing so, it prevents items from being saturated in perspiration or causing irritation. It also ensures that valuables are secure, and it eliminates the need to store items in a purse. The invention features a discreet and sanitary design that is easy to wear and use so it is ideal for women. The original design was submitted to the Dallas sales office of InventHelp.
Source:The Bubble
May 11, 2024 06:20 UTC
LLA fails to get final version of the Ley Bases in the Senate
LLa’s goal was to get through the debate portion of the process in order to treat the Ley Bases and the fiscal package in the chamber next week, but disagreements in the so-called dialogist blocs prevented that from happening. Once again, PRO Senator Guadalupe Tagliaferri criticized the fiscal package, particularly the section devoted to asset laundering. On Wednesday, they tried to obtain a final version, but doubts raised by some LLA allies in the Senate forced the debate to be passed until Thursday. RIGI is a part of the Ley Bases, with which LLA intends to offer benefits for investments over 200 million dollars. Additionally, it appears the fiscal package will be heading back to the Lower House due to the refusal of several governors of Patagonia provinces to reinstate income tax.
Source:Bueno Aires Herald
May 10, 2024 14:32 UTC
Union leaders hail strike as a success, tells government to ‘take note’
According to the union leader, there was massive support for the second general strike against Javier Milei’s policies. The government described the strike as “political,” to which Daer responded that “the strike had the social support and, above all, the political support to carry it out. It must take note of what this means and change its austerity politics, which are taking us to the extreme,” Daer said from the CGT headquarters. “Far from being sustainable, it’s taking a lot of us, from many social sectors, to the extreme. Many people who participated and went on strike voted for him,” said Moyano, adding that if the current economic policies continue, the CGT will continue to organize strikes against the government.
Source:Bueno Aires Herald
May 10, 2024 04:19 UTC
Azure Power Global Limited to hold Special Meeting on June 21, 2024
AdvertisementGURUGRAM, India, May 9, 2024 /PRNewswire/ — Azure Power Global Limited (the “Company” or “Azure”) (OTC: AZREF), an independent sustainable energy solutions provider and renewable power producer in India, today announced that it will hold its Special Meeting of shareholders at 03:00 PM (India Standard Time) on June 21, 2024 at its Gurugram office. A notice of the Special Meeting describing the matters to be considered at the meeting is available on Azure website at www.azurepower.com. Since 2009, Azure Power has grown rapidly to become a leader in accelerating India’s energy transition. Forward-Looking StatementsThis press release contains forward-looking statements. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “believes” and similar expressions are used to identify forward-looking statements.
Source:The Bubble
May 09, 2024 17:52 UTC
Second national strike of Milei era is now underway
The second national strike since the beginning of President Javier Milei’s administration is currently underway. The strike is also a way of putting pressure on the legislators who are currently debating the government’s bill in the Senate. Banks and retail commerceThe Banking Association union confirmed it would join the general strike called by the CGT. Hospitals and emergency roomsThe general strike will also affect healthcare. Business organizations reject the strikeThe Argentine Chamber of Commerce and Services (CAC) expressed its opposition to the strike called by the CGT for May 9, calling it an “unjustified and inopportune” measure.
Source:Bueno Aires Herald
May 09, 2024 14:26 UTC
Allegiant Earns No. 3 Spot in J.D. Power’s 2024 List of Top North American Airlines
1 ULCCLAS VEGAS, May 9, 2024 /PRNewswire/ — Allegiant Travel Company (NASDAQ: ALGT) has been named one of the top three airlines, and number one ULCC, by customers, according to the J.D. Power 2024 North America Airline Satisfaction Study. Power survey, click here. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. Media information, including photos, is available at http://gofly.us/iiFa303wrtFMedia ContactPhone: 702-800-2020Email: [email protected]View original content to download multimedia:https://www.prnewswire.com/news-releases/allegiant-earns-no-3-spot-in-jd-powers-2024-list-of-top-north-american-airlines-302140768.htmlSOURCE Allegiant Travel CompanyDisclaimer: The above press release comes to you under an arrangement with PR Newswire.
Source:The Bubble
May 09, 2024 05:41 UTC
Espoo-based Kuori Oy founders win 2024 Entrepreneur of the Year award
AdvertisementMaria and Jarkko Jokelainen are building Kuori Oy into a true global disruptor in the enterprise digital display market, with their products now operating in more than 30 countries worldwide. ESPOO, Finland, May 8, 2024 /PRNewswire/ — Suomen Yrittäjät, Finland’s largest business confederation, has nominated its annual Espoo Entrepreneur of the Year award to entrepreneur couple and Kuori Oy founders Maria and Jarkko Jokelainen at this morning’s Economic Development Forum. The Entrepreneur of the Year award highlights entrepreneurship’s importance and appreciation while honouring business owners’ work. Kuori has since developed into a genuine challenger in the digital display market worldwide, led by the founders’ forward-thinking expectations of where the market was going. The 2024 Espoo Entrepreneur of the Year recipients also remain fully committed to Kuori staying in Finland for the long run.
Source:The Bubble
May 08, 2024 23:24 UTC
Argentina power companies reject state offer to pay debt with bond
Power companies in the AGEERA electricity generators’ association have rejected Economy Minister Luis Caputo’s proposal to use bonds to pay power wholesaler CAMMESA’s debt of over US$1 billion. On Wednesday, the Government formalized the regime to pay CAMMESA’s debt to generator companies via resolution 58/2024 of the Energy Secretariat, which was published in the Official Gazette. The government’s proposal, conceived by Caputo, consists of paying the debt for energy subsidies — with a 50% write-off — via a dollar-denominated bond, the AE38. The debt totals AR$1,100 billion (US$1.2 billion at the official rate, US$1 billion at the MEP rate), the resolution says. You may also be interested in: Sparks fly: Argentina offers to pay energy companies in bondsWithin hours, the Association of Electric Energy Generators of the Argentine Republic (AGEERA, by its Spanish initials) sent a letter to the Economy Ministry listing seven reasons it was rejecting this form of payment.
Source:Bueno Aires Herald
May 08, 2024 21:37 UTC
Court annuls ex-cop’s conviction for shooting teen who stabbed tourist in La Boca
A Buenos Aires court has annulled the murder conviction of former police officer Luis Chocobar, who shot and killed a 17-year-old who had just stabbed a tourist in La Boca in 2017. The Buenos Aires City Chamber of Criminal Cassation said the arguments for the sentence were “unclear” and called for a new trial. Although Security Minister Patricia Bullrich celebrated the ruling, the decision does not mean that Chocobar has been acquitted. In 2021, Chocobar was convicted of aggravated homicide and abusive use of a firearm in breach of duty after shooting 17-year-old Juan Pablo Kukoc, who had mugged and stabbed a tourist in La Boca in 2017. A pesar de que el policía dijo que Kukoc lo quiso atacar con un cuchillo, la prueba demostró que sus disparos fueron por la espalda, mientras el joven corría para escapar.
Source:Bueno Aires Herald
May 08, 2024 12:21 UTC
HSBC HOLDINGS PLC ANNOUNCES TENDER OFFERS FOR FOUR SERIES OF NOTES
We refer to the outstanding notes listed in the table below collectively as the ‘Notes‘ and separately as a ‘series‘ of Notes. We refer to each offer to purchase a series of Notes as an ‘Offer‘, and collectively as the ‘Offers‘. If any series of Notes is accepted for purchase under the Offers, all Notes of that series that are validly tendered and not validly withdrawn will be accepted for purchase. If any series of Notes is accepted for purchase under the Offers, all Notes of that series that are validly tendered and not validly withdrawn will be accepted for purchase. All Notes accepted in the Offers will be cancelled and retired, and will no longer remain outstanding obligations of the Company.
Source:The Bubble
May 08, 2024 11:11 UTC
Maradona’s long-lost 1986 Golden Ball goes up for auction
Diego Maradona’s 1986 World Cup Golden Ball award is going up for auction. It will be auctioned on June 6 by French auction house Aguttes. The ball-shaped trophy resembles the Azteca, the ball used during the 1986 World Cup, and was authenticated by the auction house by matching it with photographs from the 1986 award ceremony. Maradona won the Golden Ball after leading Argentina to its second World Cup title. The award is not to be confused with the Ballon d’Or, given by French football magazine France Football since 1956.
Source:Bueno Aires Herald
May 07, 2024 21:47 UTC