Saturday, 20 Apr 2024

Axiata Group to seal Malaysia ops merger agreement with Norway's Telenor in days

Twitter Users Drag Marjorie Taylor Greene’s Holocaust Apology

Controversial congresswoman Marjorie Taylor Greene (R-Ga.) decided on Monday that there really is no comparison between the Holocaust and the current measures being used in the United States to fight COVID-19.

Last month, Greene came under fire after she claimed “vaccinated employees get a vaccination logo just like the Nazi’s forced Jewish people to wear a gold star.”

Greene was condemned for the comments by many, including Senate Minority Leader Mitch McConnell (R-Ky.) and House Minority Leader Kevin McCarthy (R-Calif.)

The congresswoman paid a visit to the Holocaust Museum in Washington, D.C., got schooled on what the Holocaust was actually like, and has now changed her tune.

“The Holocaust is — there’s nothing comparable to it,” she said. “The horrors of the holocaust are something that some people don’t even believe happened,” Greene said.

Although it’s always nice when someone acknowledges reality, many Twitter users still found reasons to mock the 47-year-old Greene’s previous decades of ignorance on the matter.

Some people grudgingly acknowledged her new understanding of history.

One person went as far as to predict that future generations would long remember this moment in U.S. history.

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AstraZeneca says its antibody treatment failed in preventing Covid-19 in exposed patients

LONDON (REUTERS) – AstraZeneca said on Tuesday (June 15) its study of monoclonal antibody AZD7442 did not meet the main goal of preventing symptomatic Covid-19 in people recently exposed to the Sars-CoV-2 virus.

This story is developing.

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Ashtead Group Q4 Pre-tax Profit Rises

Ashtead Group plc (AHT.L) reported that its profit on ordinary activities before taxation for the fourth-quarter rose to 219.7 million pounds from 97.6 million pounds in the previous year.

Profit attributable to equity holders of the Company was 162.8 million pounds or 36.2 pence per share up from 78.2 million pounds or 17.4 pence per share last year.

Total revenues for the quarter grew to 1.27 billion pounds from 1.13 billion pounds in the prior year.

The company said its board recommended an increased final dividend of 35.0 pence per share compared to 33.5 pence per share paid last year. If approved at the forthcoming Annual General Meeting, the final dividend will be paid on 21 September 2021 to shareholders on the register on 20 August 2021.

The company said it resumed greenfield openings towards the end of the first quarter, returned to bolt-ons in February 2021 and launched a new buyback program in May 2021. Under this program, the Group anticipates buying back up to 1 billion pounds in shares over the next two financial years. The company commenced the program at a run rate of 75 million pounds a quarter.

The company expects annual group rental revenue to be 6% – 9%.

Malaysia grants conditional approval for CanSino, J&J Covid-19 vaccines

KUALA LUMPUR (REUTERS) – Malaysia’s Health Ministry said on Tuesday (June 15) it has granted conditional approval for emergency use to the single dose Covid-19 vaccines manufactured by China’s CanSino Biologics and US drug-maker Johnson&Johnson.

It has also approved the use of the Pfizer-BioNTech vaccine for recipients aged 12 and above, the ministry said in a statement.

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Old Ted Cruz Tweet Comes Back To Haunt Him At The Worst Possible Time

An old tweet by Sen. Ted Cruz (R-Tex) is coming back to haunt him. 

Last summer, Cruz ripped California for asking residents to conserve energy amid a power crisis, claiming it was a sign that the state was “unable to perform even basic functions of civilization.”

But now Texas is facing its own power problems.

The Electric Reliability Council of Texas asked the state’s residents to conserve energy amid power plant outages combined with rising demand for electricity.

Cruz, of course, has his own history when it comes to dealing with his state’s ongoing power problems.

Or rather, not dealing with them: In February, after a winter storm crippled the power supply and led to massive outages, Cruz fled for a vacation in sunny Cancun. 

Here’s Cruz’s original tweet from last summer as the Golden State struggled with power: 

That tweet came back to haunt Cruz during the winter energy crisis. Now, Twitter users are taunting him with it again in light of the latest news:

Arthur J. Gallagher & Co. Buys Remaining Stake In Hesse & Partner, Hesse Consulting

Arthur J. Gallagher & Co. (AJG) announced Tuesday that it has acquired the remaining shares of Zurich, Switzerland-based Hesse & Partner AG and Hesse Consulting GmbH from founder, Guido Hesse. Terms of the transaction were not disclosed.

Gallagher entered a partnership with Hesse and Partner three years ago when it bought a majority interest of the business.

Hesse and Partner, which was founded in 1997, develops risk management and insurance solutions for companies in the industrial and service provider sectors.

Going forward, founder Guido Hesse will become Chairman and Stephan Bachmann, previously Head of International Clients and Property Insurance, will lead the operations.

Patrick Gallagher, Jr., Chairman, President and CEO, said, “Bringing this business fully into Gallagher is another important step as we expand our footprint in Europe. The team shares our vision, client focus and entrepreneurial spirit, so this is great news for both our clients and employees.”

Axiata Group to seal Malaysia ops merger agreement with Norway's Telenor in days

FILE PHOTO: A general view of the Axiata headquarters building in Kuala Lumpur, Malaysia, October 1, 2019. REUTERS/Lim Huey Teng

KUALA LUMPUR (Reuters) – Malaysia’s Axiata Group Bhd said on Tuesday it could sign a definitive merger agreement with Norway’s Telenor to merge both companies’ Malaysian operations, in a matter of days or weeks.

The telecoms firm said they have concluded the due diligence process and are hopeful to sign the agreement.

Axiata said shareholders were upbeat about the proposed merger.

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