Business Activities – 18-98 Plus http://18-98plus.com/ Tue, 22 Nov 2022 18:34:07 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://18-98plus.com/wp-content/uploads/2021/07/icon-3-150x150.png Business Activities – 18-98 Plus http://18-98plus.com/ 32 32 Operation CARE begins Wednesday for KSP – Harlan Enterprise https://18-98plus.com/operation-care-begins-wednesday-for-ksp-harlan-enterprise/ Tue, 22 Nov 2022 17:30:18 +0000 https://18-98plus.com/operation-care-begins-wednesday-for-ksp-harlan-enterprise/ Operation CARE begins Wednesday for KSP Posted at 12:20 p.m. on Tuesday, November 22, 2022 Kentucky State Police will participate in Operation CARE Nov. 23-27 to promote traffic safety during the busy Thanksgiving holiday season. Operation CARE, which stands for Collision Awareness and Reduction Efforts, will focus on drunk driving enforcement, although seatbelt use and […]]]>

Operation CARE begins Wednesday for KSP

Posted at 12:20 p.m. on Tuesday, November 22, 2022

Kentucky State Police will participate in Operation CARE Nov. 23-27 to promote traffic safety during the busy Thanksgiving holiday season.

Operation CARE, which stands for Collision Awareness and Reduction Efforts, will focus on drunk driving enforcement, although seatbelt use and distracted driving will also be part of the program. operation CARE. Saturation patrols and road safety checkpoints will be carried out throughout the operational period.

Some of their safety reminders include:

• Never drive under the influence of alcohol or while impaired by any substance.

• Obey speed limits. Reduce speed in bad weather.

• Wear your seat belts and be sure to use child restraints and booster seats if needed.

• Maintain a safe distance between you and the vehicle in front of you.

• Keep Right Except to Pass. It is Kentucky law that drivers on limited-access highways that have two lanes on each side must stay in the right lane unless they are actively passing another vehicle.

• Move and slow down for stopped emergency vehicles and any other stopped or disabled vehicles on the shoulder or emergency lane.

According to the Kentucky Office of Highway Safety, through November 18, there have been 637 traffic fatalities so far this year, while at the same time in 2021 there were 727. While our figure current is 90 less than last year at this point, that’s just one less than the total for all of 2013, which was 638, the lowest number in the past 10 years. Yet road safety officials often say that one traffic death is one too many.

State police are asking travelers to drive with patience and do their part to make sure everyone on the road over the long holiday weekend gets to their destination and home safely.

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United Steelworkers Welcomes News of New Electric Battery Operation https://18-98plus.com/united-steelworkers-welcomes-news-of-new-electric-battery-operation/ Sat, 19 Nov 2022 20:12:00 +0000 https://18-98plus.com/united-steelworkers-welcomes-news-of-new-electric-battery-operation/ TORONTO and SUDBURY, Ontario–(BUSINESS WIRE)–The United Steelworkers welcomes news of Vale Canada’s new agreement to supply battery-grade nickel sulfate to General Motors (GM) to manufacture electric vehicles. The nickel that Vale will supply to GM will be mined in Canada, from Vale’s operations in Sudbury, Ont., Voisey’s Bay, NL and Thompson, Man., with members of […]]]>

TORONTO and SUDBURY, Ontario–(BUSINESS WIRE)–The United Steelworkers welcomes news of Vale Canada’s new agreement to supply battery-grade nickel sulfate to General Motors (GM) to manufacture electric vehicles.

The nickel that Vale will supply to GM will be mined in Canada, from Vale’s operations in Sudbury, Ont., Voisey’s Bay, NL and Thompson, Man., with members of the Steelworkers. The nickel can then be sent to a plant in Bécancour, Quebec.

“Steelworkers are essential members of the communities in which we live. As a union, we strive to support and give back to our communities and that is made possible when our jobs are supported,” said Nick Larochelle, President of Steelworkers Local 6500.

The USW represents nearly 5,000 Canadian members who are employed by Vale. In Sudbury, the 2,700 members of Steelworkers Local 6500 mine, grind and smelt mainly nickel, but also copper, cobalt, precious metals, gold and silver.

This contract provides for the supply of nickel for up to 350,000 electric vehicles per year could certainly mean a direct increase in Vale’s production across Canada. Indirectly, workers, their families and communities will also see an added benefit when healthy, unionized jobs are present.

“I am delighted that this contract between Vale and General Motors supports and protects good local union jobs while creating new jobs at the same time. I am confident that our members are up to the challenge and will rise to the challenge,” said Myles Sullivan, District 6 Director (Ontario and Atlantic Canada).

The new agreement also supports a green shift needed to reduce greenhouse gases and pollution. The USW has been a strong advocate for mitigating a new climate crisis through just transition, while ensuring that workers are not left behind and that sustainable work also means good union jobs. paid and who support the family.

The United Steelworkers union represents 225,000 members in almost every economic sector in Canada and is the largest private sector union in North America with 850,000 members in Canada, the United States and the Caribbean.

Each year, thousands of workers choose to join USW because of its strong track record in creating healthier, safer, and more respectful workplaces and in negotiating better working conditions and fairer compensation. – including good wages, benefits and pensions.

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HGreg and Operation Red Nose join forces again for the holidays in the name of safety https://18-98plus.com/hgreg-and-operation-red-nose-join-forces-again-for-the-holidays-in-the-name-of-safety/ Wed, 16 Nov 2022 21:32:00 +0000 https://18-98plus.com/hgreg-and-operation-red-nose-join-forces-again-for-the-holidays-in-the-name-of-safety/ SAINT-EUSTACHE, Quebec–(BUSINESS WIRE)–HGreg and Operation Red Nose are once again joining forces to educate motorists about the importance of road safety, especially during the holiday season. As part of this partnership, HGreg is providing four vehicles for the duration of the campaign. The company also produced an innovative marketing campaign aimed at reminding Quebec motorists […]]]>

SAINT-EUSTACHE, Quebec–(BUSINESS WIRE)–HGreg and Operation Red Nose are once again joining forces to educate motorists about the importance of road safety, especially during the holiday season. As part of this partnership, HGreg is providing four vehicles for the duration of the campaign. The company also produced an innovative marketing campaign aimed at reminding Quebec motorists of the dangers of drink-driving.

A long-time partner, HGreg joined forces with Opération Nez Rouge in the Laval-Basses Laurentides region for the 19e consecutive year and with the Montreal region for the third time. This year, the company is donating a total of $25,000, of which $15,000 is allocated to Montreal and $10,000 to Laval.

HGreg will once again assume the campaign chair for the Laval-Basses Laurentides region under the leadership of Harry Kasparian, vice president of marketing at HGreg.

This commitment to Operation Red Nose is very important to me. We will have the pleasure of living the holidays in a more normal way this year. It will also be an opportunity to be careful and adopt safe driving habits when traveling in Greater Montreal. Additionally, we encourage our employees and the public to participate in the campaign as volunteers for Operation Red Nose,” said Harry Kasparian, Vice President of Marketing at HGreg.

The population is invited to register today to volunteer in the campaign throughout Quebec: https://www.operationnezrouge.com/fr/s-inscription-comme-benevole

About HGreg

Founded in 1993, HGreg, which includes both HGregoire and HGreg.com, is committed to simplifying the vehicle buying process through values ​​of excellence, transparency, judicious use of technology and with a refreshing customer-centric philosophy. With a passionate team of over 1,700 car enthusiasts, HGreg operates 32 dealerships in North America, including 20 in Quebec, offering new and pre-owned vehicles. For more information, visit www.hgregoire.com.

About Operation Red Nose

Opération Nez rouge is a non-profit organization whose mission is to encourage the adoption of responsible behavior in order to prevent drunk driving. In addition to offering a chauffeur service, the profits of which are invested in youth and amateur sports activities, the organization also coordinates various awareness-raising activities throughout the year.

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Direct Freight improves logistics operations and driver communications with Peakcock Bros https://18-98plus.com/direct-freight-improves-logistics-operations-and-driver-communications-with-peakcock-bros/ Mon, 14 Nov 2022 06:52:07 +0000 https://18-98plus.com/direct-freight-improves-logistics-operations-and-driver-communications-with-peakcock-bros/ Peacock Bros., one of the largest supply chain solutions providers in the ANZ region, announced that the company has worked with Direct Freight to improve its logistics operations through the deployment of 1,400 mobile devices to improve the accuracy and efficiency of deliveries and to offer greater connectivity. with the drivers. Direct Freight is one […]]]>

Peacock Bros., one of the largest supply chain solutions providers in the ANZ region, announced that the company has worked with Direct Freight to improve its logistics operations through the deployment of 1,400 mobile devices to improve the accuracy and efficiency of deliveries and to offer greater connectivity. with the drivers.

Direct Freight is one of Australia’s leading road freight service providers, employing approximately 2,500 people. The company is one of Australia’s most technologically advanced carriers, with a strong commitment to innovation and customer service.

“At Direct Freight, we understand that the movement of goods is only the beginning of the process.”

“We give our customers the ability to access information about each shipment and have developed software that allows them to obtain information to initiate their own shipment orders and track their shipments online.”

“We understand the need to continually improve our technology and systems so that our staff have the ability to respond quickly to customer demands,” said Stephen Catania, Commercial Director of Direct Freight.

To provide greater visibility of their goods throughout the supply chain and to meet customer demand, Direct Freight recently engaged Peacock Bros. to deploy a large-scale upgrade of mobile devices and software system across the enterprise.

The road freight leader previously relied on a fleet of mobile devices that were no longer fit for purpose due to rising breakdown rates. Additionally, the previous system relied on outdated communication methods, with drivers still having to rely on the legacy two-way radio for on-road communications.

After a thorough study of all the technology solutions available on the market, Direct Freight decided to deploy 1,400 Honeywell CT60 XP handhelds.

The rugged CT60 XP was the perfect choice for direct freight as it suits organizations that need anywhere, anytime connectivity and fast data capture for maximum uptime and productivity.

The devices are used by Direct Freight to scan loaded goods on and off delivery trucks, as well as being signed for upon delivery at endpoints to ensure packages are accurately tracked.

“Peacock Bros. has a long history with Direct Freight, being technology partners for over 20 years. When their organization required a mobility device upgrade, we undertook a thorough assessment of all available solutions to help develop a state-of-the-art system to improve driver operations as well as transportation and logistics functions. said Ryan McGrath, Group Managing Director at Peacock. Brothers “

Built on the Mobility Edge platform, the Honeywell CT60 XP presents an integrated, scalable approach based on common software and hardware for future migration protection without sacrificing security, reliability, performance, or data management features. the company. This was an important factor for Direct Freight given the scale of the device rollout, as they wanted to ensure that their Android-based mobility investment would be supported going forward.

Careful management of sensitive customer data is also key for Direct Freight. As a result, the company chose to work with SOTI’s enterprise mobility management (EMM) specialists to manage its fleet of mobile devices.

“Through a single, easy-to-use interface, SOTI’s industry-leading EMM solution, SOTI MobiControl, allows Direct Freight to have full control over its fleet of mobile devices while securing confidential customer data. business – which is especially valuable when a company’s workforce is so mobile and always on the move,” said Michael Dyson, vice president of sales, APAC at SOTI.

In addition to providing higher levels of product visibility and accuracy throughout the delivery process, the Peacock Bros. also helps Direct Freight improve its driver operations.

With improved GPS tracking and communication capabilities provided by the Honeywell CT60 XP, driver routing has been revised to improve delivery times. Since driver communications now take place via VoIP on the mobile device, the trucks no longer require costly two-way radio installation and maintenance, providing Direct Freight with tangible cost savings.

“With our advanced unified mobility solution, we have complete visibility into driver activity and can redirect them in real time to avoid accidents or delays.”

“Communications and management on the road are essential to ensure the safety of drivers, as well as the fast and accurate delivery of goods to customers. These are all primary goals for our business,” said Direct Freight Commercial Director Stephen Catania.

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Rodgers and Barrasso call for review of responsibility for illicit technology transfers to China https://18-98plus.com/rodgers-and-barrasso-call-for-review-of-responsibility-for-illicit-technology-transfers-to-china/ Tue, 08 Nov 2022 23:46:17 +0000 https://18-98plus.com/rodgers-and-barrasso-call-for-review-of-responsibility-for-illicit-technology-transfers-to-china/ Washington D.C.- House Republican Energy and Commerce Leader Cathy McMorris (R-WA) and Senate Energy and Natural Resources Committee Member John Barrasso (R-WY) sent a letter to the US Government Accountability Office (GAO) urging the agency to review the Department of Energy’s (DOE) technology transfer activities to ensure they are working in the best interests of […]]]>

Washington D.C.- House Republican Energy and Commerce Leader Cathy McMorris (R-WA) and Senate Energy and Natural Resources Committee Member John Barrasso (R-WY) sent a letter to the US Government Accountability Office (GAO) urging the agency to review the Department of Energy’s (DOE) technology transfer activities to ensure they are working in the best interests of the American people, and not to help adversaries like China.

Excerpts and highlights from the letter to the GAO:

“Each year, the Department of Energy (DOE) oversees the investment of billions of federal dollars in research and development to advance the nation’s economic, energy, and national security interests. This work is conducted in DOE research and production facilities and in its national laboratory system, which is at the forefront of technological development and maturation, and which drives innovation and benefits competitiveness and safety. Americans. To help ensure that taxpayer-funded technologies developed by the DOE can be commercialized to benefit the nation, the Office of Technology Transitions (OTT) develops and oversees the Department’s commercialization programs and engagement with commercial sectors. and industrialists across the United States.

“While OTT’s mission is important, it’s also critical that potential technology transfers be reviewed to ensure that taxpayer-funded technologies are not transferred to foreign companies that will ultimately displace jobs abroad and will use American technological breakthroughs to compete with American industry. This point is underscored by a recent DOE review of the licensing of breakthrough battery technology — developed through taxpayer-funded research at Pacific Northwest National Laboratory and Washington state — following information according to which the laboratory authorized the transfer of the technological license to a Chinese. company. The review revealed a lack of internal controls and effective license management at the laboratory. He also identified the need to assess research security and technology transfer policy and oversight across the DOE enterprise to address business and security risks.

“To protect American investments in advanced technology and American manufacturing jobs, it is essential to clarify whether DOE technology transfer activities are working in the interest of the American people, and not to support America’s adversaries. . Accordingly, we are writing to request that the Government Accountability Office undertake a broad review of DOE’s technology transfer and intellectual property protection activities.

“Specifically, we direct GAO to evaluate the DOE’s technology transfer program and its implementation across the DOE enterprise, with a focus on the controls in place to protect taxpayer-funded technology. against foreign transfers. We believe this is particularly important with respect to technologies that have been identified as critical and emerging.

“Further, we direct the GAO to assess the tools available to the government to monitor DOE-funded critical and emerging technologies that have already been transferred to U.S. companies to guard against their potential subsequent acquisition by or transfer. to foreign companies or countries. A review of this nature should include a full exploration of how the DOE enforces the terms of its laboratory licenses.

“We appreciate your assistance in this DOE management oversight effort, which is important in strengthening the competitiveness of the United States by helping to ensure that critical and emerging taxpayer-funded technologies provide maximum benefit to the people who funded their development.”

CLICK HERE to read the full letter.

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Free dental care offered to veterans with Operation Stand Down https://18-98plus.com/free-dental-care-offered-to-veterans-with-operation-stand-down/ Sat, 05 Nov 2022 18:28:12 +0000 https://18-98plus.com/free-dental-care-offered-to-veterans-with-operation-stand-down/ Operation Stand Down is coming to Fort Smith, allowing veterans to receive free dental care just in time for Veterans Day. It’s part of a program that began 10 years ago and will include eight dentists in Fort Smith this year. In 2012, La Porte, Ind.-based Dr. Daniel Fridh noticed a trend of sloppy mouth […]]]>

Operation Stand Down is coming to Fort Smith, allowing veterans to receive free dental care just in time for Veterans Day. It’s part of a program that began 10 years ago and will include eight dentists in Fort Smith this year.

In 2012, La Porte, Ind.-based Dr. Daniel Fridh noticed a trend of sloppy mouth among his former military patients, he knew something had to be done. A veteran who served in the Air Force for three years and completed his dental residency there, Fridh understood the demands placed on military men and women.

So he helped launch Operation Stand Down, a program to provide veterans with a free dental checkup and free or reduced aftercare services. The original program involved 22 volunteer dentists, served 90 veterans, and provided services worth $150,000.

This year, Dr. Charles Liggett has partnered with the program to offer veterans free tooth cleanings and extractions on Thursday, November 10. Although this is the first time Liggett has participated in Operation Stand Down, offered by the International College of Dentists (ICD), it is not the first time he has dedicated his time and resources to dental clinics. free. He founded the Weekend Dental Clinic and Free Extraction Day to provide people in need with free or affordable dental care, his website says. The idea for the projects grew out of his dental mission trips to Jamaica.

“I try to give back whenever I can. … In 2023, I will be making my 21st trip to Jamaica to offer free extractions. But it’s something I can do to help our veterans,” said said Liggett.

Dr Charles Liggett

With the addition of River Valley Smiles at 8309 Phoenix Ave., where Liggett practices dentistry, Fort Smith will join five other Arkansas cities in bringing the program to area veterans. There will be eight dentists assisting with the operation at River Valley Smiles, along with all of the hygienists and dental assistants in the office. They will be assisted by dental hygiene students from the University of Arkansas at Fort Smith, Liggett said.

Although this year’s services are limited to cleanings and extractions, Liggett said they may be able to expand these services in the future.

Veterans who want service should contact the local Veterans Administration (VA) – (479) 441-2600 – and schedule an appointment through them. No appointments will be available by calling the Liggett office directly.

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Oil prices fall on China Covid-19 curbs and weak factory activity data https://18-98plus.com/oil-prices-fall-on-china-covid-19-curbs-and-weak-factory-activity-data/ Mon, 31 Oct 2022 14:18:00 +0000 https://18-98plus.com/oil-prices-fall-on-china-covid-19-curbs-and-weak-factory-activity-data/ By Noah Browning LONDON (Reuters) – Oil prices fell on Monday after weaker-than-expected factory activity data in China and fears that the country’s widening COVID-19 restrictions could reduce demand. Brent crude futures fell 69 cents, or 0.7%, to $95.08 a barrel at 12:40 GMT, extending Friday’s 1.2% decline. U.S. West Texas Intermediate (WTI) […]]]>

By Noah Browning

LONDON (Reuters) – Oil prices fell on Monday after weaker-than-expected factory activity data in China and fears that the country’s widening COVID-19 restrictions could reduce demand.

Brent crude futures fell 69 cents, or 0.7%, to $95.08 a barrel at 12:40 GMT, extending Friday’s 1.2% decline.

U.S. West Texas Intermediate (WTI) crude fell 84 cents, or 0.9%, to $87.06 after falling 1.3% on Friday.

Both benchmarks, however, are on track for their first monthly gains since May.

Factory activity in China, the world’s biggest importer of rough, unexpectedly fell in October, an official survey showed on Monday, weighed down by slowing global demand and tight COVID-19 restrictions that have hit production.

“The contraction in Purchasing Managers Index (PMI) data adds to the post-China Congress party blues for oil markets. It’s not hard to draw a straight line between the weaker PMIs and the China’s COVID-zero policy,” said Stephen Innes, managing partner. of SPI Asset Management.

“As long as COVID-zero remains entrenched, it will continue to thwart the oil bulls.”

Chinese cities are stepping up zero-COVID curbs as outbreaks widen, dampening hopes of a rebound in demand.

Strict COVID-19 restrictions in China have hit economic and business activity, reducing demand for oil. China’s crude oil imports for the first three quarters of the year fell 4.3% year-on-year for the first annual decline for the period since at least 2014.

Meanwhile, the eurozone is likely to slip into recession, with its October business activity contracting the fastest in nearly two years, according to an S&P Global survey, as the rising cost of living prompts consumers to caution and harms demand.

European Central Bank policymakers are also backing plans to keep raising interest rates, even if it pushes the bloc into recession and stokes political resentment.

The Organization of the Petroleum Exporting Countries (OPEC) on Monday raised its medium- and long-term oil demand forecast and said $12.1 trillion in investment is needed to meet that demand despite the energy transition.

(Reporting by Noah BrowningAdditional reporting by Florence Tan and Emily ChowEditing by David Goodman)

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Eurus Energy America’s Coromuel wind project enters commercial operation https://18-98plus.com/eurus-energy-americas-coromuel-wind-project-enters-commercial-operation/ Fri, 28 Oct 2022 14:07:00 +0000 https://18-98plus.com/eurus-energy-americas-coromuel-wind-project-enters-commercial-operation/ SAN DIEGO–(BUSINESS WIRE)–Eolica Coromuel, S. De RL De CV, a subsidiary of Eurus Energy America Corporation, has begun commercial operation of Baja California Sur’s first wind power plant. The 50 megawatt project built by Eolica Coromuel, the Mexican subsidiary of Eurus Energy America, has started operating and is Eurus’ first investment in the energy sector […]]]>

SAN DIEGO–(BUSINESS WIRE)–Eolica Coromuel, S. De RL De CV, a subsidiary of Eurus Energy America Corporation, has begun commercial operation of Baja California Sur’s first wind power plant. The 50 megawatt project built by Eolica Coromuel, the Mexican subsidiary of Eurus Energy America, has started operating and is Eurus’ first investment in the energy sector in Mexico.

The project includes a 10 MW battery system that provides additional auxiliary service support and grid reliability to the Baja California Sur electrical system – output from the facility is sold directly to the wholesale electricity market.

“Baja California Sur State has a growing demand for electricity. The Coromuel Project will provide this special region with renewable wind generation and contribute to overall grid stability through its integrated battery energy storage system,” said Hidenori Mitsuoka, President and CEO of Eurus Energy America. .

“Responding to the region’s need for low-cost, zero-carbon energy, Eurus has continued construction of this important project even as the pandemic, supply chain disruptions and global economic volatility have made major projects more difficult. over the past three years,” Mitsuoka added. “Eurus is committed to helping Mexico move towards a more sustainable future.”

Mitsuoka noted that the successful completion of the project is due to the collective efforts of many, including Eurus contractor, Elecnor; its equipment manufacturers GE and Wartsila; and valued landowner partners. The support of the state government, the National Energy Control Center and the Federal Commission of Electricity was essential, he added.

About Eurus Energy America

Eurus Energy America is the wholly owned subsidiary of Tokyo-based Eurus Energy Holdings (www.eurusenergy.com) and is responsible for renewable energy investments in North and South America, now comprising over 600 MW of wind and solar power generation. Eurus Energy Holdings is a global developer, owner and operator of renewable energy facilities, including wind and solar, with more than 3,400 megawatts worldwide. Eurus Energy America, headquartered in San Diego, California, has been active in the renewable energy industry for approximately 30 years, beginning operation of its first renewable energy projects in California in 1987.

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Halliburton profit beats Wall Street estimates as oil business soars https://18-98plus.com/halliburton-profit-beats-wall-street-estimates-as-oil-business-soars/ Tue, 25 Oct 2022 14:07:00 +0000 https://18-98plus.com/halliburton-profit-beats-wall-street-estimates-as-oil-business-soars/ Q3 net income of $544 million, or 60 cents per share Analysts had forecast earnings of 56 cents per share North America revenue jumps 9% from second quarter to $2.6 billion International revenue up 3% sequentially to $2.7 billion Oct 25 (Reuters) – Halliburton Co (HAL.N) posted a surge in third-quarter profit on Tuesday that […]]]>
  • Q3 net income of $544 million, or 60 cents per share
  • Analysts had forecast earnings of 56 cents per share
  • North America revenue jumps 9% from second quarter to $2.6 billion
  • International revenue up 3% sequentially to $2.7 billion

Oct 25 (Reuters) – Halliburton Co (HAL.N) posted a surge in third-quarter profit on Tuesday that beat forecasts and pushed its shares higher, the latest oil services company to report better-than-expected results against a backdrop of a global surge in drilling activity.

Brent crude averaged $98.96 a barrel in the quarter, up about 33% from a year earlier, as sanctions on Russia’s top oil producer for its invasion of the Ukraine having disrupted global supply routes. Meanwhile, demand has rebounded strongly from pandemic lows.

“Looking ahead, we see activity growing around the world – from the smallest to the largest countries and producers,” Halliburton chief executive Jeff Miller said in a statement. In North America, he said demand for services is “stronger than ever at this point in the year.”

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Miller told investors that Halliburton’s equipment remains sold out for the remainder of 2022 and said the market will be tight in 2023.

The Houston-based company’s net income rose to $544 million, or 60 cents per share, for the quarter ended Sept. 30, from $236 million, or 26 cents per share, a year earlier. Analysts had expected earnings of 56 cents per share.

Halliburton said North America revenue jumped 9% from the second quarter to $2.6 billion. International revenue increased 3% sequentially to $2.7 billion.

The company said the results of its business divisions were negatively impacted by the liquidation and sale of its Russian operations in the third quarter to its local management team. This unit now operates as BurService LLC, independent of Halliburton.

For the nine months ended Sept. 30, the company recorded $366 million in charges and impairments, primarily due to the sale of its assets in Russia and the impairment of assets in Ukraine.

Halliburton shares rose 3.6% in early trading to $35.81 apiece. US oil futures rose about 1% to $85.47.

“Halliburton continues to benefit from dynamic pressure pumping activity/exposure in North America, as well as a higher contribution from international operations,” analysts at investment bank Jefferies wrote in a note.

The company said it had paid off some $1.2 billion in debt so far this year and had paid off $2.4 billion in debt since 2020. It said it was in talks with its board of Directors on increasing shareholder returns.

Market leader Schlumberger (SLB.N) reported its highest quarterly profit since 2015, while Baker Hughes Co (BKR.O) posted third-quarter adjusted profit that beat Wall Street estimates.

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Reporting by Shariq Khan in Bengaluru and Liz Hampton in Denver; Editing by Kirsten Donovan and David Holmes

Our standards: The Thomson Reuters Trust Principles.

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Cease dissemination activities, use Prasar Bharati route: Center to States https://18-98plus.com/cease-dissemination-activities-use-prasar-bharati-route-center-to-states/ Sat, 22 Oct 2022 07:54:09 +0000 https://18-98plus.com/cease-dissemination-activities-use-prasar-bharati-route-center-to-states/ The Center has issued a notice requesting Union Departments, State Governments, and Union Territory Administrations not to directly participate in the broadcast or distribution of broadcast activities. In the notice, the Ministry of Information and Broadcasting asked those who broadcast their content to route it through Prasar Bharati. It also asked the entities distributing the […]]]>

The Center has issued a notice requesting Union Departments, State Governments, and Union Territory Administrations not to directly participate in the broadcast or distribution of broadcast activities.

In the notice, the Ministry of Information and Broadcasting asked those who broadcast their content to route it through Prasar Bharati. It also asked the entities distributing the audiovisual content to “extract” from it by December 31, 2023.

The notice is likely to impact Kalvi TV, an educational channel launched by the government of Tamil Nadu which is available on some DTH platforms, and IPTV, launched by the government of Andhra Pradesh.

“No ministry/department of central government and state/UT governments and related entities will engage in broadcast/distribution of broadcast activities in the future,” the notice posted on Friday reads.

“In the event that central government ministries, state/UT government and related entities are already broadcasting their content, this will be done through the public broadcaster,” he said.

“In the event that central government ministries, state/UT government and related entities are already distributing the broadcast content, they will be required to opt out of the distribution business,” he said. declared.

Entry No. 31 of Schedule I (Union List) of the Seventh Schedule to the Constitution of India covers “posts and telegraphs, telephones, radio, broadcasting and other forms of communication similar”.

Only the central government, in accordance with Article 246 of the Constitution, can legislate on such matters, the council said.

In 2012, the Telecom Regulatory Authority of India (TRAI), which is also the broadcasting regulator, suggested that central and state governments, their companies, enterprises, joint ventures with the private sector and entities funded by governments should not be allowed to enter the broadcasting sector.

The notice noted that the TRAI recommendations had been taken into account by the Department of I&B.

Existing operational broadcasts regarding some central government ministries and departments and some state governments have already been brought under the umbrella of Prasar Bharati through a Memorandum of Understanding to ensure the continuity of these societal initiatives, a- he declared.

The entry of central and state governments and UT administrations into the educational broadcasting business should be done through appropriate agreements between Prasar Bharati and the concerned governments, he said. .

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

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