Expro Group Holdings: Q2 Earnings Snapshot
On a per-share basis, the Houston-based company said it had profit of 16 cents.
The oil and gas pipe provider posted revenue of $422.7 million in the period.
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San Francisco Chronicle
2 hours ago
- San Francisco Chronicle
Newly promoted Ligue 1 side Paris FC signs striker Geubbels from St. Gallen
PARIS (AP) — Newly promoted Ligue 1 side Paris FC signed striker Willem Geubbels from Swiss team St. Gallen on a five-year contract on Sunday. Paris FC announced the signing with a video posted on X. No transfer fee was given but French sports daily L'Équipe said Geubbels cost 9 million euros ($10.5 million) with a further 2.5 million euros in eventual bonuses. The 24-year-old Geubbels came through Lyon's famed youth academy but hardly played for the club before joining Monaco. He scored one league goal there and two for Nantes before joining St. Gallen in 2023, where he scored 14 league goals last season. Paris FC has large funds at its disposal since its takeover by France's richest family, the Arnaults of luxury empire LVMH. The energy drink giant Red Bull acquired a minority stake. For the first time in 35 years two Paris-based soccer clubs are in Ligue 1. Furthermore, Paris FC has changed its home stadium since being promoted and will play at Stade Jean-Bouin, which is literally across the street from defending champion Paris Saint-Germain's Parc des Princes stadium. ___
New York Post
3 hours ago
- New York Post
Offbeat NYC graffiti tour survives despite predicted drop in foreign tourism thanks to visitors from this country: ‘They're obsessed with street art'
These tourists see the writing on the wall. French art lovers are flocking to industrial Brooklyn in droves for quirky walking tours of warehouses sprayed with graffiti and street art. Advertisement The niche fascination is still going strong despite a major industry group projecting a nearly 20% drop in overall foreign tourism to the Big Apple this year. 5 Audrey Connolly of Graff Tours leads a tour of street art and graffiti in Bushwick, Brooklyn. Stephen Yang 'There are so many people in France that are obsessed with graffiti and street art: It's been a huge part of our business for years,' Bushwick-based Graff Tours tour guide Audrey 'Byte' Connolly told The Post. Advertisement Connolly, who has led walking tours of the hipster neighborhood's urban art for nearly a decade, attributing trailblazing cultural similarities in New York and Paris for the grand amour. As tour guides across the city report an absence of usual visitors from Canada, Australia, Germany and other nations — possibly over political boycotts and tariff-related economic fears — French tourists are largely unbothered, Connolly said. 'They're obsessed with street art — hopefully, they keep coming.' 5 Connolly leads a group of tourists — two French families and one group from Kansas City, Missouri — on a tour through industrial Bushwick. Stephen Yang Advertisement Germans and Israelis — who also represent large swaths of Graff Tour patrons — have not booked nearly as much this year, and school groups from Canada and China have also dwindled, Connolly said. Antoine Jacquet, a 23-year-old Graff Tours customer from Dijon, France, said its been more difficult to clear immigration hurdles under the Trump administration. But he was able to make the overseas trip himself, and even predicted foreign tourism will 'probably pick up with the new mayor Zohran [Mamdani],' referring to the Democratic mayoral nominee, a socialist, because 'his policies are more based out of Europe than to America.' New York City Tourism + Conventions, the city's tourism authority, recently said that some 2 million fewer visitors from other countries are expected to make the trip to the Big Apple in 2025, a loss of roughly $4 billion in foreign tourism dollars. Advertisement August is typically one of the busiest months for tours, Connolly said, but during weeks this year when she would've typically been working for seven days straight, she's spent entire days off without a booking. 'Tourism has big-down market effects: it affects hotels, it affects small businesses, it affects [the] local economy,' said Graff Tours president Gabe Schoenberg. The impact has been felt in trendy Bushwick, from thrift shops to restaurants that cater to Euro families in the hipster shopping district, added Schoenberg. 5 Antoine Jacquet, 23, of Dijon, France, expects that tourism to the US will tourism will 'probably pick up with the new mayor Zohran [Mamdani].' Stephen Yang As French tourism to the biz remains strong, Schoenberg still reports a roughly 10% drop in overall foreign visitors since last year — and is now trying too woo domestic tourists and locals with targeted social media ads. 'We did better this year with domestic tourism than years past,' he said. But 'a lot of domestic tourists don't see [graffiti] as art,' Connolly said. 'They're being told to fear New York and everything about it.' Schoenberg also attributed the reluctance of foreign tourists to visit New York City to 'backlash' over President Trump and his policies, as well rising transportation and food costs and fears over tariff-related price increases. Advertisement 'Even for a New Yorker, prices are going up and prices are going up exponentially,' he said. 'But locally, either exemptions for tourism or some type of incentive for tourism could also help.' 5 While French tourism remains steady, Graff Tours has still seen a roughly 10% drop in overall foreign visitors since last year — and is now trying too woo domestic tourists and locals. Stephen Yang 5 Graffiti writer The Ghostface Mims teaches a workshop at Graff Tours. Stephen Yang Advertisement The president of the tour company — which has a Los Angeles outpost as well — attributed diversity in its offerings as its key to staying afloat in uncertain times. Aside from industrial walking tours, Graff Tours' Bushwick site also offers spray painting classes and has hosted corporate events for the likes of Meta, L'Oréal and even hosted an influencer-filled launch party for Samsung this summer. 'The class revenue is significant compared to the tour revenue,' Schoenberg said. 'If I was relying on tours in general, I don't think I would still be in business.'
The Hill
4 hours ago
- The Hill
US seeks shipbuilding expertise from South Korea and Japan to counter China
WASHINGTON (AP) — American lawmakers are using a trip to South Korea and Japan to explore how the United States can tap those allies' shipbuilding expertise and capacity to help boost its own capabilities, which are dwarfed by those of China. Sens. Tammy Duckworth, D-Ill., and Andy Kim, D-N.J., who are scheduled to land in Seoul on Sunday before traveling to Japan, plan to meet top shipbuilders from the world's second- and third-largest shipbuilding countries. The senators want to examine the possibilities of forming joint ventures to construct and repair noncombatant vessels for the U.S. Navy in the Indo-Pacific and bring investments to American shipyards. 'We already have fewer capacity now than we did during Operation Iraqi Freedom' in 2003, Duckworth told The Associated Press. 'We have to rebuild the capacity. At the same time, what capacity we have is aging and breaking down and taking longer and more expensive to fix.' Their trip comes as President Donald Trump demands a plan to revive U.S. shipyards and engage foreign partners. The Pentagon is seeking $47 billion for shipbuilding in its annual budget. The urgency stems from the fact that Washington severely lags behind China in building naval ships, a situation raising alarms among policymakers who worry the maritime balance of power could shift to China, now the world's No. 1 shipbuilder. Duckworth, who serves on the Senate Armed Services Committee, said she hopes the trip could lead to joint ventures among the U.S. military, American companies and foreign partners to build auxiliary vessels for the Navy and small boats for the Army. Another possibility is repairing U.S. ships in the Indo-Pacific region. 'If we have to bring ships all the way back to the United States … to wait two years to be fixed, that doesn't help the situation,' Duckworth said. The discussions, she said, will focus on auxiliary vessels, which are noncombatant ships such as fueling and cargo vessels that support naval and military operations. The Navy's auxiliary fleet is aging and insufficient in numbers, she said. The U.S. commercial shipbuilding accounted for 0.1% of global capacity in 2024, while China produced 53%, followed by South Korea and Japan, according to a report by the Center for Strategic and International Studies. A Navy review from April 2024 found that many of its major shipbuilding programs were one year to three years behind schedule. During the trip, the senators are expected to meet representatives from major shipbuilders in the region. South Korea and the U.S. are already making progress on shipbuilding cooperation. In March, Hanwha Ocean completed maintenance work for a 41,000-ton U.S. Navy dry cargo and ammunition ship in South Korea. The overhaul of USNS Wally Schirra was the Korean company's first project after it secured a repair agreement with the U.S. Navy in July 2024. Hanwha Group last year acquired Philly Shipyard in Philadelphia, which builds large merchant mariners, part of the reserve auxiliary fleet. Earlier this month, South Korea proposed to invest $150 billion in the U.S. shipbuilding industry to support Trump's 'Make American Shipbuilding Great Again' initiative as part of its tariffs talk with the White House. Duckworth said she had earlier conversations with Hyundai Heavy Industries 'about them actually buying into U.S. shipyards on U.S. soil'. This month, China formed the world's biggest shipbuilding company by merging two state-owned shipbuilders. The combined entity China State Shipbuilding Corporation produces Chinese navy's combat vessels from aircraft carriers to nuclear submarines. It commands 21.5% of global shipbuilding market.
