DIRS.INFO The most relevant business & tech news

☆ Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead
▼ + stars: | 2023-04-10 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +5 min

"A more prolonged period without market access would be of more concern for the lower-rated tiers of the emerging markets sovereign universe," said James Wilson, EM sovereign strategist for ING. Tapping international debt markets hasn't been a problem across the board for emerging economies. The JPMorgan's emerging markets bond index (EMBI) for high yield debt is at 900 basis points over U.S. Treasuries, and has largely remained over 800 bps since the beginning of last year. The Russia conflict and then the Fed hiking cycle led to higher spreads for a much longer period," said Gregory Smith, emerging markets fund manager at London-based M&G Investment. A weaker U.S. dollar should help countries to tap international markets in the medium term, but recent data fueled jitters that restrictive central bank policies could push the global economy into recession.

☆ Ukrainian forces are training on fast and well-armed Leopard tanks in Spain, prime minister says
▼ + stars: | 2023-02-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Ukrainian forces are training on Leopard tanks in Spain, according to the Spanish Prime Minister. Leopard tanks are notable for their firepower, armor, and speed on various terrains. Sanchez revealed that the arrival of Leopard tanks in Ukraine would correspond with the return of trained soldiers. Spain is one of several countries to pledge to send tanks to Ukraine. The British are presently training Ukrainian forces on Challenger tanks in southwestern England, and last month, US Army Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, announced that the US military was training Ukrainian troops in Germany, the Associated Press reported.

☆ Tellurian woos Indian investors for its Driftwood LNG project
▼ + stars: | 2023-02-07 | by ( Shariq Khan | ) www.reuters.com time to read: +2 min

Feb 7 (Reuters) - Tellurian Inc is continuing discussions with the Indian government and oil companies for investments in its Driftwood liquefied natural gas project in Louisiana, its chief executive told Reuters on Tuesday. "The only way India and Indian companies can supply LNG at the lowest possible cost is if they invest equity in a project that allows them to lift the LNG at cost. We offer that, so obviously, it is very, very attractive to the Indian companies and the Indian government," Simoes said. Houston, Texas-based Tellurian resumed talks with Indian oil and gas companies for investments in Driftwood LNG late last year. No other competing project is under construction," Simoes said.

☆ U.S. grants $1.1 bln to keep Diablo Canyon nuclear plant open
▼ + stars: | 2022-11-21 | by ( Timothy Gardner | ) www.reuters.com time to read: +4 min

Diablo is the last operating nuclear plant in California. The Biden administration believes nuclear power is critical in curbing climate change and wants to keep plants open ahead of the development of next-generation reactors. Poppe said the plant is also ordering more uranium fuel for the reactor, and dry casks for storing nuclear waste. Some politicians who have been wary of problems associated with nuclear waste have come out in support of the Civil Nuclear Credit program. Holtec International, which in May bought the Palisades nuclear plant in Michigan, said on Friday that DOE rejected its application for funding.

☆ Biden grants PG&E $1.1 billion to keep Diablo Canyon nuclear plant open
▼ + stars: | 2022-11-21 | by ( Emma Newburger | ) www.cnbc.com time to read: +2 min

The Biden administration on Monday said it's providing Pacific Gas & Electric Co. with a $1.1 billion grant to help the company prevent the closure of Diablo Canyon, California's last nuclear power plant. Diablo Canyon was originally scheduled to be decommissioned in two phases in 2024 and 2025, but state lawmakers in September voted to keep it open for five more years. PG&E applied for funding in the Department of Energy's initial phase of the $6 billion Civil Nuclear Credit program aimed to keep U.S. nuclear power reactors open. Diablo Canyon is California's single largest source of power, providing 8.6% of the state's total electricity and 17% of its zero-carbon electricity. Final terms of the grant are subject to negotiation and finalization, the Energy Department said, but the funding is designed to cover PG&E's anticipated losses from keeping Diablo Canyon open.

Organizations: & $

☆ Jim Cramer gives Johnson & Johnson his stamp of approval
▼ + stars: | 2022-10-18 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday advised investors to pick up shares of Johnson & Johnson as a long-term play. Johnson & Johnson beat top- and bottom-line expectations in its third-quarter results reported before the opening bell on Tuesday. Shares of the company closed down 0.35% after seesawing throughout the trading session — which means there's now an opportunity for investors to pick up some shares, according to Cramer. Adding to his bull case for Johnson & Johnson is the company's spinoff of its consumer health segment, which is on track for finalization next year. Disclaimer: Cramer's Charitable Trust owns shares of Johnson & Johnson.

☆ J&J stock dip after earnings beat reflects 2022 outperformance rather than the results
▼ + stars: | 2022-10-18 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

On an adjusted operational basis, which excludes the impact of acquisitions and divestitures and currency, sales rose 8.2%. Management said on the call they continue to see this business on track for its 11th consecutive year of above-market adjusted operational sales growth in 2022. Driving the results were increased sales of Stelara on the back of market growth and market share gains in Crohn's Disease and Ulcerative Colitis. Women's Health sales increased 7.9% on an operational basis to $225 million versus the $222 million expected. On a reported basis, management tightened their EPS guidance range to $10.02 to $10.07 from $10 to $10.10 previously.

☆ U.S. officials plan to push for price cap on Russian oil at this week's IMF meetings
▼ + stars: | 2022-10-10 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

U.S. Treasury Secretary Janet Yellen talks to reporters during a news conference in the Cash Room at the Treasury Department on April 21, 2022 in Washington, DC. U.S. Treasury officials plan to press ahead at this week's IMF meetings with a cap on the price of Russian oil, despite Wednesday's decision by OPEC+ to cut oil production that's already driven gas prices higher. "We've been working on the price cap for a number of months. G-7 finance ministers announced the price cap last month. The Deputy Treasury Secretary will also consult with senior officials from over 20 participating countries, including Canada, the U.K. and the E.U., on how to redouble those efforts, according to senior Treasury officials.

☆ Programme Specialist/Effective Governance Cluster Lead-UNDP Moldova CO
▼ + stars: | 2021-01-22 | by ( Alte Articole | ) www.civic.md time to read: +16 min

Duties and Responsibilities Summary of Key Functions: Develops programme strategies in the thematic area of Effective Governance and its sub-areas. Ensures effective management and implementation of Effective Governance country programme portfolio and management of the Effective Governance Cluster team. CO business processes mapping and establishment of internal Standard Operating Procedures in Results Management, control of the workflows in the Effective Governance Cluster. Ensures effective management and implementation of Effective Governance country programme portfolio and management of the Effective Governance Cluster team, focusing on the following results: Design and formulation of country programme within thematic areas of responsibility, translating UNDP corporate priorities into local interventions. Constant monitoring and analysis of the country programme environment, timely re-adjustment of programme.

Organizations: Senior Management, UNDP, UN, Sustainable, Office, Government, UNPFSD, Management, Organization, Atlas, Financial, UNDP Country Office, Global, Administration, Economics, Law, Political Sciences, Social Sciences Locations: South, UNPFSD, Moldova, Republic of Moldova

Search resuls for: "finalization"

9 mentions found