World News

Thales HY Profit Rises; Sees FY Organic Sales Growth At Lower End Of Prior Range

Indian investors eyeing Russian coal industry: RDIF

VLADIVOSTOK, Russia (Reuters) – Indian investors are interested in investing in Russia’s coal industry, the head of Russia’s RDIF sovereign wealth fund said on Wednesday.

Speaking at a forum in Russia’s Far East that will be attended by India’s Prime Minister Narendra Modi, Kirill Dmitriyev, head of RDIF, said it was crucial for Russia to expand its cooperation with India.

Dire conditions for Syrian refugee camp close to Jordan border

Refugees in Rukban camp face difficult choice of picking safety over food as Syrian government puts chokehold on aid.

    The United Nations says conditions are dire for the remaining Syrian refugees in Rukban camp near the border with Jordan.

    Most have left for Syrian government-controlled areas but the UN says it can’t guarantee the safety of those who want to go to opposition-held areas in the north.

    Al Jazeera’s Zeina Khodr explains why from Beirut.

    SEC probe taps incoming Caesars Entertainment chief

    Tom Reeg, the soon-to-be head of Caesars Entertainment, has been slapped with a subpoena in a Securities and Exchange Commission trading probe, The Post has learned.

    Reeg, chief executive of Eldorado Resorts — which is in the process of buying Caesars in a $17 billion merger — received the subpoena in May along with two other Eldorado board members and one Eldorado executive, the company revealed in a regulatory filing Tuesday. The filing said the SEC was seeking information about trading in a publicly traded company tied to Eldorado board member James Hawkins, who also received a subpoena.

    The company whose stock they traded is MRI-maker IRadimed, where Hawkins is a director, according to a source with direct knowledge of the situation. IRadimed didn’t respond to a request for comment.

    Eldorado told Caesars about the subpoenas in June, saying the executives had not been notified of any allegation of wrongdoing, according to the filing. The subpoenas, while revealed deep in the 475-page filing, are not listed as a merger risk factor.

    Reeg and another board member who got an SEC subpoena, Gary Carano, will remain on the board of the combined company, while Hawkins will be out, the source said. Eldorado President and COO Anthony Carano also got subpoenaed.

    Hawkins stepped down as CEO of Natus Medical last year. He is also a director of the Deepak Chopra-headed OSI Systems, which develops X-ray machines.

    Hurricane Dorian edges towards US east coast after Bahamas

    After wrecking Bahamas, east coast residents told to prepare and leave home.

      Hurricane Dorian is slowly moving closer to the United States after crushing much of the Bahamas.

      It’s left a humanitarian crisis in its wake, with a major rescue and search effort under way.

      US authorities have told residents on the east coast to be prepared for a similar scenario.

      Al Jazeera’s Andy Gallacher reports from Florida where the hurricane is already causing strong gusts of wind.

      Iran and Europe unlinke to agree on nuclear pact in next few days – Rouhani

      DUBAI, Sept 4 (Reuters) – President Hassan Rouhani said on Wednesday Iran was unlikely to reach a deal in the next few days with European parties to save the 2015 nuclear deal, state TV reported.

      “I think it is unlikely that we will reach a result with Europe by today or tomorrow,” Rouhani said.

      “Europe will have another two-month to fulfil its commitments,” he added. (Writing by Parisa Hafezi Editing by Andrew Heavens)

      Mets rookie Pete Alonso going to bat for charity

      New York Mets rookie sensation Pete Alonso said Tuesday he is teaming up with Amazin’ Memorabilia to sell his autographed gear, including jerseys, home run baseballs, bats and batting gloves on an exclusive basis for charity, with the Mets donating net proceeds to the charitable Mets Foundation.

      Alonso already has set the National League rookie home run record with 43 and is closing in on Aaron Judge’s all-time rookie home run record of 52.

      Purchase event tickets to The Amazin’ 1969 New York Mets: A World Championship for the Ages presented by The Paley Center for Media and New York Post. Enter promo code: NYPOST to unlock tickets only available for Post readers.

      Hong Kong shares surge 3% after Lam said to 'withdraw' controversial bill

      HONG KONG (Reuters) – Hong Kong’s main stock benchmark .HSI surged more than 3% on Wednesday afternoon after media reported the government would formally withdraw the proposed extradition bill that sparked three months of protests in the former British colony.

      Hong Kong Chief Executive Carrie Lam will officially withdraw the proposed extradition bill later on Wednesday, meeting one of the protesters’ key demands, local media reported citing anonymous sources.

      Thales HY Profit Rises; Sees FY Organic Sales Growth At Lower End Of Prior Range

      Thales (THLEF.PK) reported that its consolidated net income, Group share for the first half of 2019 rose 22% to 557 million euros from last year, with the capital gains made on the disposal of the GP HSM business offsetting the fall in income from operations arising from the accounting entries related to Gemalto’s acquisition.

      Adjusted net income, Group share was 574 million euros compared to 539 million euros in the prior year. Adjusted net income, Group share, per share stood at 2.70 euros, up 6% from the previous year.

      Sales were 8.19 billion euros, up 9.9% from last year, following the consolidation of Gemalto, and down slightly 0.5% at constant scope and currency.

      The Group confirmed all its financial objectives for 2019. Order intake is expected to be slightly above 18 billion euros.

      It is expected that fall of around 10% in sales in the global Space business over the year. It expects organic sales growth to be at the lower end of the previously set guidance of 3% – 4%.