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Straits Times
a day ago
- Business
- Straits Times
Moscow promises to closely monitor foreign businesses that return to Russia
Russia's President Vladimir Putin applauds during a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. REUTERS/Anton Vaganov Indonesia's President Prabowo Subianto, Russia's President Vladimir Putin, Bahrain's National Security Advisor Sheikh Nasser bin Hamad Al Khalifa and South Africa's Deputy President Paul Mashatile attend a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. Sputnik/Vyacheslav Prokofyev/Pool via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. ST PETERSBURG, Russia - Russia's Prosecutor General Igor Krasnov, who has led the state's efforts to seize property worth 2.4 trillion roubles ($31 billion), on Friday said foreign companies that return to the country would be watched closely to ensure Russia benefited. Moscow has placed around a dozen foreign-owned assets under state management in the more than three years that Russia has been fighting in Ukraine and prosecutors have stepped up the seizure of domestic assets through the courts this year. Now, as the economy begins to slow after two years of growth fuelled by high military spending, Russian officials are trying to find the balance between insulating the economy from exposure to Western nations it considers unfriendly and the need for growth to keep funding the conflict in Ukraine. "We will closely follow the government's actions," Krasnov said. "That is, who will come... on what terms they will come." "We will definitely look at making sure that the conditions under which our (Russian) business operates are better (when Western business returns)," Krasnov said. It must be profitable for Russia's own firms, he said. Russia is prioritising domestic companies, some of whom have taken market share vacated by Western firms, such as McDonald's and Unilever, that have left since Russia launched the conflict in Ukraine. President Vladimir Putin on Friday said the Russian economy could not develop effectively without investment and said Moscow would create conditions to make foreign partners feel comfortable. He said Russian companies should fulfil legally binding buybacks with foreign companies, but stressed that Russia would support measures that benefit its own interests. "If someone left for political reasons, under pressure from their own political elites, their countries, then this means they are unreliable partners," Putin said. WESTERN FIRMS ABSENT Kirill Dmitriev, chief of Russia's sovereign wealth fund, has said that U.S. companies are in talks to return to Russia, although lawyers and investors have told Reuters that sanctions must be lifted before any significant influx can take place. Finance Minister Anton Siluanov told the Izvestia daily on Friday that no foreign companies had yet submitted requests to return. "There are no applications for entry yet, but I feel that the situation is changing and interest in investing in Russia is growing," Siluanov said. The sparse Western presence at Russia's forum suggests otherwise, with some analysts also pointing to concerns about property rights. Two sources from Russia's energy and banking sectors said some companies may be interested in returning as there could be money to be made, but not in the current situation. Assets owned by French yoghurt maker Danone and Danish brewer Carlsberg are among the foreign assets taken under state control and sold to Kremlin-friendly buyers since 2022. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.


India Today
13-06-2025
- Health
- India Today
Scared of 13? You're not alone, the truth about triskaidekaphobia
Have you ever noticed that many hotels don't have a 13th floor, or that some people avoid making big plans on the 13th of a month? This isn't a coincidence. It is due to a fear that people can have, which is very widespread, called triskaidekaphobia. This rather odd phobia is an extreme or irrational fear of the number people treat this as just a superstition. For others, it may cause real anxiety or even panic attacks. The fear of 13 is so widespread that it has affected architecture, travel, and some of the most famous habits of people around the IS TRISKAIDEKAPHOBIA?Triskaidekaphobia means the fear of the number 13. Many people believe this number brings bad luck. This is why there is no 13th floor in some buildings. They start counting at the first floor, go to the second, and then skip to the 14th. You may not even find house number 13, or a seat number 13, on buses or planes in some places. This fear is not always rational. But for some people, simply seeing the number 13 can induce anxiety, nervousness or discomfort. Scared of 13? You're not alone, the truth about triskaidekaphobia SYMPTOMS OF TRISKAIDEKAPHOBIATriskaidekaphobia, or the fear of the number 13, may not always be considered a medical phobia, but it can produce large and powerful emotional and physical reactions in certain most common symptoms include:Avoidance of the number 13 at all costsFeelings of anxiety or panic when one sees the numberDifficulty concentrating on work, school, or social situationsIn more serious cases, a person experiences sadness, panic, or anxiety attacks, including symptoms of:Chest tightness and/or rapid heartbeatDizziness or lightheadednessPerspiration, shaking, and/or dry mouthNausea, confusion, or shortness of breathFAMOUS PEOPLE WHO FEAR THE NUMBER 13According to Wikipedia, notable people reported to have triskaidekaphobia the fear of the number 13 include:Arnold Schoenberg (composer)Franklin D. Roosevelt (former U.S. President)Sholom Aleichem (writer)Stephen King (author)Nick Yarris (author and speaker)ngel Nieto (motorcycle racer)Herbert Hoover (former U.S. President)Mark Twain (author), though his fear may have been more anecdotal or humorousNapoleon Bonaparte (French military leader)Stephen King is notably open about his intense fear of the number 13, avoiding page numbers or chapters involving 13 in his individuals have shown varying degrees of fear or superstition related to the number 13, ranging from mild avoidance to more severe THE NUMBER 13 IS FEARED IN THE WESTERN CULTURE AND IT'S NOT THE ONLY ONEThe number 13 has been considered unlucky in many places around the world, especially in Western cultures. While we don't know the exact reason, one possibility comes from the Bible, where 13 were gathered at Jesus' last supper, the night before he was 13 gained a "bad luck" reputation, and when word got around, it became ingrained in our consciousness as something suspicious or even ominous. This superstition has spread to the point that many airlines go so far as to skip row 13, hotels choose not to have a 13th floor, and some cities even omit 13th Street from their layout. After the infamous Apollo 13 incident, space agencies became so frightened of the number that they stopped using it belief in and even fear of the number 13 is not always a phobia. A true phobia, a condition like triskaidekaphobia, is an anxiety disorder that can be diagnosed. But most people who avoid or fear the number 13 do so either through superstition or belief, and certainly not with the same intensity as someone with a serious not all reluctance towards the number 13 is indicative of a phobia. A true phobia, like triskaidekaphobia, is a very real and diagnosable anxiety disorder. Most people merely have superstitions or avoid it out of habit or belief, not real not just the number 13 that people avoid. In some Asian cultures, the number 4 is avoided because it is pronounced similar to the word for "death" in several local languages. A 2001 study even discovered that heart-related deaths in Chinese and Japanese Americans increased on the 4th day of the month. Researchers proposed that cultural stress associated with the number four may or does contribute to these article is intended for informational and educational purposes only. It does not provide medical advice, diagnosis, or treatment. Triskaidekaphobia and other phobias should be evaluated and treated by qualified mental health professionals if they significantly impact a person's Reel
Yahoo
22-04-2025
- Business
- Yahoo
Douglas Dynamics Announces First Quarter 2025 Earnings Release and Conference Call
MILWAUKEE, April 22, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the first quarter of 2025 after market close on Monday, May 5, 2025. A conference call will be held to discuss the financial results on Tuesday, May 6, 2025 at 9:00 a.m. Central Time and will be hosted by Mark Van Genderen, President and Chief Executive Officer and Sarah Lauber, Executive Vice President and Chief Financial Officer. The conference call will be simulcast live on the Company's website at: Alternatively, please dial (833) 634-5024 domestically, or (412) 902-4205 internationally to join the call. About Douglas Dynamics Home to the most trusted brands in the industry, Douglas Dynamics is North America's premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments: First, the Work Truck Attachments segment, which includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the up-fit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands. CONTACT Douglas Dynamics, ElwellVice President of Investor Relations847-530-0249investorrelations@ in to access your portfolio


Reuters
13-03-2025
- Politics
- Reuters
Putin on a ceasefire in Ukraine, Western companies and gas
MOSCOW, March 13 (Reuters) - President Vladimir Putin said on Thursday that Russia agreed with U.S. proposals for a ceasefire in Ukraine but that any ceasefire would have to deal with the root causes of the conflict and that many details needed to be sorted out. The following are Putin's key quotes translated by Reuters reporters from Russian. ON THE CEASEFIRE DEAL "We agree with the proposals to cease hostilities. But we proceed from the fact that the cessation should be such that it would lead to long-term peace and would eliminate the original causes of this crisis." "The idea itself is correct, and we certainly support it. But there are issues that we need to discuss. And I think we need to talk to our American colleagues as well. Maybe I should call President Trump and have a discussion with him. But we support the idea of ending this conflict by peaceful means." ON THE RISKS OF UKRAINE RE-ARMING: "Russian troops are advancing in almost all areas of the front... So how will these 30 days be used? For forced mobilisation to continue in Ukraine, for weapons to be delivered there, for the newly-mobilised units to be trained?... How can we and how will we be guaranteed that nothing like that will happen? How will control be organised? "These are all serious questions. Who will give orders to stop hostilities?... Who will determine where and who has violated a possible ceasefire agreement for 2,000 kilometres? ON THE POSSIBLE RETURN OF WESTERN COMPANIES TO RUSSIA: "We did not close ourselves off from anyone and did not expel anyone. To those (companies) who want to return, we say: Welcome, welcome at any moment." (Putin used the English word welcome) "But naturally we will proceed from the situation that has developed to date. If niches are occupied, then, accordingly, they are occupied. We will not create any preferences for anyone to return to our market." ON ENERGY COOPERATION: "If, say, the U.S. and Russia agree on energy cooperation, a gas pipeline for Europe can be secured. And this will benefit Europe, because it will receive cheap Russian gas."