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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBW Industrial: investor confidence in northern Vietnam remains intact despite Typhoon YagiFion Ng, Chief Operating Officer of BW Industrial talks about Vietnam's recovery through typhoon Yagi.
Persons: Yagi Fion Ng Organizations: BW Industrial Locations: Vietnam
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVietnam's BW Industrial Development discusses its expansion plansFion Ng of BW Industrial Development says its growth strategy is on a "very fast track."
Persons: Fion Ng Organizations: Industrial Development, BW Industrial Development
MILAN, Aug 30 (Reuters) - Shares in European oil producers, miners and other companies with large exposures to Gabon plummeted on Wednesday after a military coup raised concerns over their operations in the resource-rich African country. "Shares are reacting to concerns over the backdrop in Gabon," said Investec equity analyst Alex Smith in London. However, Assala Energy, which current owner Carlyle (CG.O) has agreed to sell to Maurel, said its oil production in Gabon was unaffected. "Note Gabon production represents around 20% of group production. Oslo-listed Panoro Energy (PENR.OL) and BW Energy (BWE.OL) were down 5% and 7%, respectively, and U.S.-based Vaalco Energy (EGY.N) fell 13.8%.
Persons: Maurel, Eramet, Alex Smith, Ali Bongo, Carlyle, Investec's Smith, Danilo Masoni, Alun John, Kirsten Donovan Organizations: MILAN, Military, REUTERS, Staff, Rights, Assala Energy, Energy, BW Energy, Vaalco Energy, Thomson Locations: Gabon, London, France, Frankfurt, Germany, Gabonese, Mouila, OPEC, Oslo, U.S, Gabon's
Suez Canal ship traffic unaffected after tanker collision
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A view of the BW Lesmes tanker at Freeport, Texas, U.S., August 3, 2023, in this picture obtained by Reuters. The two tankers, the Singapore-flagged liquefied natural gas (LNG) carrier BW Lesmes and the Cayman Islands-flagged oil products tanker Burri, briefly collided in the canal, ship tracking company MarineTraffic said early on Wednesday citing eyewitnesses. As of 5 a.m. (0200 GMT), the BW Lesmes was facing north but being towed to the south by two tugboats, according to ship tracking data on Refinitiv Eikon. A person who answered the phone at the Suez Canal Authority's operations room when contacted by Reuters said he could not provide any information on the tankers. The Suez Canal is one of the world's busiest waterways and the shortest shipping route between Europe and Asia.
Persons: Glenn Travis, MarineTraffic, Osama Rabie, Yusri Mohamed, Muhammad Al Gebaly, Nafisa, Enas Alashray, Florence Tan, Cynthia Osterman Organizations: BW, Reuters, REUTERS Acquire, Rights, Shipping, BW Group, TMS, Thomson Locations: Freeport , Texas, U.S, Rights CAIRO, Singapore, Cayman, Suez, Europe, Asia
Two tankers collide briefly in Suez Canal
  + stars: | 2023-08-22 | by ( ) www.reuters.com   time to read: +1 min
CAIRO, Aug 23 (Reuters) - Two tankers, the Singapore-flagged BW Lesmes and Cayman Islands-flagged Burri, briefly collided in Egypt's Suez Canal, ship tracking company Marine Traffic said early Wednesday, citing eyewitnesses. The shipping tracker showed the BW Lesmes, which carries LNG, stopped and pointing north, and Burri, an oil products tanker, moored and pointing south about 19 km from the southern end of the canal at 2:55 a.m.(2355 GMT). A time lapse shared by Marine Traffic showed Burri turning sideways and colliding with an already sideways BW Lesmes at 2040 GMT before backing up and pointing straight. There was no immediate confirmation from the Suez Canal Authority. Approximately 12% of the world's trade moves through the canal.
Persons: Said, Muhammad Al Gebaly, Nafisa Eltahir, Yusri Mohamed, Enas Alashray, Jacqueline Wong, Cynthia Osterman Organizations: Traffic, Marine, Authority, Thomson Locations: CAIRO, Singapore, Cayman Islands, Suez
July 20 (Reuters) - Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to Timothy Geithner as president. Geithner, who was U.S. Treasury Secretary in the Obama administration and had headed the Federal Reserve Bank of New York, will become the chair of the New York-based investment firm. "Now is the ideal time to put in place a plan for the next generation of leadership at the firm," Warburg CEO Chip Kaye said. Warburg Pincus has already raised more than the targeted $16 billion in its global flagship private equity fund, said a person with knowledge of the matter. Founded in 1996, Warburg has more than $83 billion in assets under management and its portfolio spans more than 250 companies.
Persons: Warburg Pincus, Jeffrey Perlman, Timothy Geithner, Geithner, Obama, Warburg, Chip Kaye, Kaye, Perlman, Pritam Biswas, Niket, Kane Wu, Arun Koyyur Organizations: Wednesday, Treasury, Federal Reserve Bank of New, Reuters, Ou Asset Management Co, HK, Industrial Development JSC, Thomson Locations: Asia, Federal Reserve Bank of New York, York, China, Ou, Southeast Asia, Pacific, Bengaluru, Hong Kong, Lincoln
Adding impetus to the move is the increasing cost of labour in China, expanding U.S. restrictions on high-tech-related trade with China, and tit-for-tat tariffs from a Sino-U.S. trade war that triggered a past wave of Chinese investment in Vietnam. "Enquiries from Chinese firms about manufacturing investment in Vietnam grew exponentially in the last quarter of last year," said Michael Chan, senior director of leasing at industrial real estate specialist BW Industrial Development. "Chinese investment has also increased remarkably," he said. Chinese firms also experience longer times to obtain staff visas and work permits, said Filippo Bortoletti, who heads the Vietnamese unit of investment consultancy Dezan Shira. "Chinese companies move here mostly to serve their clients who moved earlier," said BW Industrial Development's Chan.
Lula appointee Petrobras Chief Executive Jean Paul Prates told reporters on Thursday "everything is halted for analysis." There is no stipulation for that," Alexandre Calmon, lead partner of law firm Campos Mello Advogados' energy area, told Reuters. "That would be a breach of contract," he said, adding if "Petrobras fails to do something that it is obligated to do, it can be held responsible." The lawyer also explained that sale processes already signed but not concluded are not under the control of the oil company. The sale halt marks a major shift from the stance taken by former President Jair Bolsonaro's administration, which oversaw a number of Petrobras assets sales, including oilfields and refineries.
Despite layoff announcements and signs of a slowdown elsewhere in the economy, the labor market for clean energy jobs remains tight. said Abigail Ross Hopper, president of the Solar Energy Industries Association trade group. The Biden Administration has repeatedly promised that new green energy jobs would be well-paying union jobs. Some solar companies have tried to recruit veterans, saying the skills learned in military life translate well to the industry. Utility scale solar developer SOLV Energy, SunPower and Nextracker last year teamed up with nonprofit Solar Energy International to fund a women-only training program for solar installers.
Insider analyzed new pay data from the entertainment companies, now merged as Warner Bros. Recent salaries ranged from $55 an hour to $300,000 a year for jobs at HBO and other units. The salaries ranged from $55 per hour to $300,000 per year, with a median annual salary of $143,000 to $170,000. For example, Discovery offered an ad sales account manager between $131,458 and $149,000 per year, according to the data. Associate Manager, Brand Marketing/Publishing: $92,518 to $130,011WarnerMedia DirectData Architect: $162,400 to $200,150 median; ranging from $159,800 to $205,000WarnerMedia Services
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"If you don't do anything, you cannot do a mistake," Walde said of the current licensing paralysis caused by the bureaucratic anxiety. Germany is the second-largest exporter of drugs to Vietnam after France, according to 2020 data. SUPPLY SHOCKSThe negative economic consequences of the crackdown come on top of other challenges that Vietnam and other countries in Asia face, namely a weakening local currency, global supply constraints and declining world demand. "The crackdown won't be able to root out the widespread corruption if implemented without complete transparency and rule of law," said Hop. Reporting by Francesco Guarascio @fraguarascio; Additional reporting by Khanh Vu; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.
It recently raised a 10 million euro Series A round, which was led by AEW Energie AG. Insider has an exclusive copy of the pitch deck it used to raise the funds. Its aim is to improve the link between these providers, the original vehicle manufacturers, and energy data, helping to smooth the transition to electric vehicles. The company recently raised a 10 million euro Series A round, which was led by the Swiss utility company AEW Energie AG. Insider has an exclusive copy of the pitch deck Azowo used to raise the funds.
anunță concurs de selectare a 6 organizații neguvernamentale pentru a participa în cadrul unui program de instruire și mentorat. Proiectul își propune să susțină interesele OSC-urilor și să consolideze cunoștințele acestora prin intermediul unui set de workshop-uri și un program de mentorat. În cadrul proiectului urmează a fi organízate următoarele activități:Activitatea Nr.1: Informarea și abilitarea OSC-urilor prin intermediul a 8 seminare și workshop-uri. Workshop-urile în format online vor aborda următoarele subiecte:Cooperarea Internațională în Țările Parteneriatului Estic (PE) și Oportunități de Dezvoltare;Schimb de bune practici. Crowdfunding, strângeri de fonduri și oportunități internaționale de finanțare a OSC-urilor;Strategii eficiente de comunicare si advocacy;Digitalizarea și rolul noilor tehnologiilor de comunicare;Monitorizarea acțiunilor și politicilor de stat.
Persons: Fundației Konrad Adenauer, R.M, Konrad - Adenauer Organizations: Fundației, Parteneriatului Estic Locations: Republica Moldova, Ucraina, Georgia, Moldova, Nord, Cetru, Sud, Moldovei, Republica
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