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Day: March 17, 2023

Webuild: 2022 turnover of €8.2bn above expectations, €16bn of new orders

March 17, 2023 admin PRESS RELEASES

Pietro Salini, CEO of Webuild. ROME, March 17, 2023 (GLOBE NEWSWIRE) — (LaPresse) — Strong growth in 2022: Webuild exceeded expectations by closing last year with a turnover of €8.2 billion, 22 per cent higher than in 2021, and EBITDA at €572 million, up 27 per cent. The Italian multinational construction and engineering group saw […]

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Webuild: 2022 turnover of €8.2bn above expectations, €16bn of new orders

March 17, 2023 admin PRESS RELEASES

Pietro Salini, CEO of Webuild. ROME, March 17, 2023 (GLOBE NEWSWIRE) — (LaPresse) — Strong growth in 2022: Webuild exceeded expectations by closing last year with a turnover of €8.2 billion, 22 per cent higher than in 2021, and EBITDA at €572 million, up 27 per cent. The Italian multinational construction and engineering group saw […]

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Curia Appoints Philip Macnabb as Chief Executive Officer

March 17, 2023 admin PRESS RELEASES

Philip Macnabb ALBANY, N.Y., March 16, 2023 (GLOBE NEWSWIRE) — Curia, a leading contract research, development and manufacturing organization, today announced that Philip Macnabb has been appointed as chief executive officer, succeeding John Ratliff. “On behalf of the Board of Directors, we thank John Ratliff for the tremendous progress that Curia made during his tenure,” […]

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(EDITORIAL from Korea Herald on March 17)

March 17, 2023 admin General

Allay bank fears: Government has to step up measures to soften shocks from turmoil in global financial marketSince Silicon Valley Bank, the 16th-largest bank in the US, went bust on March 10, a series of unnerving developments have hit the global mark…

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(EDITORIAL from Korea Times on March 17)

March 17, 2023 admin General

Ambitious high-tech clusterAll-out efforts needed to survive global chip competitionSouth Korea is seeking to set up a massive semiconductor cluster in Yongin, Gyeonggi Province, with Samsung Electronics pouring in some 300 trillion won ($229 billion)…

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S. Korea’s beef imports hit record high in 2022

March 17, 2023 admin Business

SEOUL, March 17 (Yonhap) — South Korea’s imports of beef reached a record high last year on growing demand for the meat and the government’s zero-tariff scheme, data showed Friday.The country’s beef imports came to 477,000 tons in 2022, or the larges…

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Seoul stocks up late Fri. morning on eased banking jitters

March 17, 2023 admin Business

SEOUL, March 17 (Yonhap) — Seoul stocks traded higher late Friday morning as investors’ jitters eased on news that a group of banks would throw a lifeline to a troubled U.S. bank.The benchmark Korea Composite Stock Price Index (KOSPI) had added 15.17…

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OECD slashes S. Korea’s 2023 growth outlook to 1.6 pct

March 17, 2023 admin Business

SEOUL, March 17 (Yonhap) — The Organization for Economic Cooperation and Development (OECD) on Friday revised down South Korea’s growth outlook for 2023 to 1.6 percent, as the global economy continues to stand on “fragile” grounds amid uncertainties….

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(LEAD) Seoul stocks end up on eased banking jitters

March 17, 2023 admin Business

(ATTN: ADDS more info in paras 2, 7-9, photo, bond yields at bottom)SEOUL, March 17 (Yonhap) — Seoul stocks finished higher Friday as investors’ jitters eased on news that a group of banks would throw a lifeline to a troubled U.S. bank. The Korean wo…

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GCF board approves US$590 mln worth of climate projects

March 17, 2023 admin Business

SEOUL, March 17 (Yonhap) — The Green Climate Fund (GCF), an international organization on fighting climate change, has approved US$590 million in funding for projects in 33 nations, the finance ministry said Friday.The board of the GCF endorsed the f…

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