Grenke Q1 Net Profit Down; Backs FY Outlook

PHOTOS: Colorado Avalanche vs. Vegas Golden Knights, Game 1, May 30, 2021 – The Denver Post

The Colorado Avalanche hosted the Vegas Golden Knights in Game 1 of their second-round series in the NHL playoffs on Sunday, May 30, 2021 at Ball Arena in Denver.

The Avalanche crushed the Golden Knights, 7-1, for the victory.

Milan Provisions Recalls Certain Jalapeno Chorizo Sausage Products

Corona, New York-based Milan Provisions Co. Inc. is recalling around 6,000 pounds of Jalapeno chorizo sausage products made using pork ingredients produced without the benefit of federal inspection, the U.S. Department of Agriculture’s Food Safety and Inspection Service or FSIS said.

The recall involves 14-oz and 22-oz vacuum-packed packages containing “MILAN PROVISIONS MEXICAN BRAND MADE IN NEW YORK CURED CHORIZO JALAPEÑO” with expiration dates of “JUN 12 21”, “JUN 13 21”, “JUN 14 21” and “JUN 15 21.”

The heat-treated, not fully cooked, not shelf stable jalapeno chorizo sausage items were produced from April 13 through April 16, 2021. The affected products bear establishment number “EST. 4335” inside the USDA mark of inspection. These items were shipped to retail locations in New York.

The recall was initiated after the agency discovered that the company received pork trim product from a retail butcher facility that is not federally inspected and used it in production of the chorizo product.

However, there have been no confirmed reports of adverse reactions due to consumption of these products.

Consumers are urged to throw away the affected products or return to the place of purchase.

In similar recalls, Tinley Park, Illinois-based Otten’s Seafood Inc. recently called back around 46,804 pounds of Siluriformes fish or catfish citing that the products were produced, packed, and distributed without the benefit of federal inspection.

US imports rare Iranian oil in March despite sanctions: EIA data

SINGAPORE (REUTERS) – The United States imported a rare cargo of 1.033 million barrels of Iranian crude in March despite sanctions on Iran’s energy sector, data from the US Energy Information Administration showed.

The cargo is only the second oil import by the United States from Iran since late 1991, data on EIA’s website showed.

The EIA could not be immediately reached for comment.

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Gov. Jared Polis makes beer bet against Nevada Gov. Steve Sisolak for Avalanche-Golden Knights series – The Denver Post

Nevada Gov. Steve Sisolak challenged Colorado Gov. Jared Polis to a beer bet Sunday, wagering that the Vegas Golden Knights will defeat the Colorado Avalanche in the second round of the NHL playoffs.

Sisolak put up a case of suds from 7Five Brewing, the Las Vegas brewery owned by Golden Knights right winger Ryan Reaves.

Polis accepted the bet during the third period, offering up a case of Odell Brewing beers.

The Avalanche took Game 1, crushing the Golden Knights, 7-1, at Ball Arena.

India reports 152,734 new COVID-19 infections, 3,128 deaths

FILE PHOTO: A healthcare worker collects a swab sample from a court employee during a rapid antigen testing campaign for the coronavirus disease (COVID-19), at a court in Mumbai, India, March 25, 2021. REUTERS/Niharika Kulkarni

BENGALURU (Reuters) – India reported on Monday its lowest daily rise in new coronavirus infections since April 11 at 152,734 cases over the past 24 hours, while deaths rose by 3,128.

The South Asian nation’s tally of infections now stands at 28 million, while the death toll has reached 329,100, health ministry data showed.

TVS Motor expands presence in Iraq with new showroom in Baghdad

The showroom, spread over 500 sq metres with a built- up area of 840 sq metres, was inaugurated along Palestine Street in the Iraq capital

TVS Motor Company on Monday, May 31, 2021, opened a new showroom in Baghdad with distribution partner Ritaj International General Trade LLC.

Also read: TVS | Pragmatic family arrangement, a new business chapter

The showroom, spread over 500 sq metres with a built-up area of 840 sq metres, was inaugurated along Palestine Street in Baghdad, the two-wheeler and three-wheeler manufacturer said in a statement.

It is the first-of-its-kind showroom for the company in the region, and apart from the wide range of two-wheelers and three-wheelers, it will also host spare parts and feature a service facility.

The company will also launch two products — commuter motorcycle TVS StaR HLX 150 5 Gear and three-wheeler TVS King Deluxe Plus — n the market.

TVS Motor Company noted in a statement it has been present in Iraq since 2016 and offers products catering to the diverse requirements of two-wheeler and three-wheeler customers in the country.

Ritaj International General Trade LLC has been the distribution partner for the company since 2017.

The company has 41 touchpoints across the country, it was stated.

Grenke Q1 Net Profit Down; Backs FY Outlook

Grenke AG, global financing partner for small and medium-sized enterprises, reported that its first-quarter net profit declined to 14.0 million euros from 19.7 million euros in the previous year.

As the year progresses, the company expects the markets to pick up and new business to be stronger in the second half of 2021 than in the first half.

Grenke intends to acquire the first franchise companies by the end of 2021, with the entire acquisition process expected to be completed in 2022.

For 2021, the company currently expects new leasing business of between 1.7 billion euros and 2.0 billion euros, compared to 2.0 billion euros in the previous year, primarily due to the pandemic.

The company currently expects costs to increase slightly due to the lagging effects of the audits. It expects net profit for the 2021 financial year to be in the range of 50 million euros to 70 million euros due to the high profitability of the existing contract portfolio and new business.