Latest news with #PowerCorporation
The Independent
a day ago
- Climate
- The Independent
Water restrictions across Europe as intense heatwave hits region
The Western Balkans is grappling with a severe drought, triggered by a relentless heatwave that has disrupted daily life and created issues with agriculture and power generation. Central Albania saw temperatures soar to 40C (104F) on Thursday, with meteorologists forecasting minimal rainfall until September. Rivers across the region are almost dry due to insufficient rainfall throughout the preceding winter and spring months. In response, Albanian authorities have initiated efforts to bolster local agriculture through enhanced irrigation networks. A significant project, completed on Tuesday, now diverts water from the northern Mat river to support approximately 4,000 hectares (9,885 acres) of farmland. The drought has also caused a negative impact on Albania 's power production, which is predominantly reliant on northern hydropower stations. This has caused the national power corporation to spend up to €60 million ($70 million) on energy imports during the first half of the year. Neighbouring Serbia faces similar challenges, with its state meteorological institute issuing warnings of "extreme drought" impacting national crops and causing significant drops in river and lake levels. Small towns and villages throughout Serbia also face restrictions on drinking water. In Kosovo, a water shortage closed an open-air pool in the capital of Pristina used by people to cool off in the summer heat. The Germia swimming pool on the city's outskirts was built in the late 1980s as a recreational destination and is considered one of the biggest on the continent. At this time last year the pool had between 4,000 and 5,000 visitors daily. Germia Park, renowned for its natural beauty and recreation, is located among hills and mountains that provide the pool's natural water resources. But this year, the pool's staff could not access the 20,000 cubic meters (5.3 million gallons) of water needed. In previous years, it has taken six days to fill the pool, but this year will take more than three weeks because of the drought, manager Bardh Krasniqi said. 'Due to the strong heatwave that is currently affecting the country and also the region, unfortunately we have not been able to open the largest pool in the country,' Krasniqi said. As the temperature was set to reach 35 C (95 F) Thursday, the Health Institute urged people to stay away from direct sun and warned children, elderly people and anyone who was ill to stay home. During the past week's heatwave in Europe scorching temperatures reached as high as 46.6 C (115.9F) in Mora, Portugal. Wildfires are frequent in the region during the hot, dry summers.
Cision Canada
08-05-2025
- Business
- Cision Canada
Media Advisory - Power Corporation's 2025 Annual Meeting of Shareholders Français
MONTRÉAL, May 8, 2025 /CNW/ - Power Corporation of Canada's (TSX: POW) (TSX: (Power Corporation) Annual Meeting of Shareholders will be held on Wednesday, May 14, 2025 at 11 a.m. (Eastern Time), at the InterContinental Hotel, 360 St. Antoine Street West, Montréal, Quebec. A brief photo session will precede the meeting. Please note that electronic equipment will only be allowed in the room during the photo session, and not during the actual meeting. Webcast Management's presentations at the Annual Meeting of Shareholders will be webcast live at 11 a.m. (Eastern Time). In order to view the webcast, please register at: Press briefing Media are invited to attend a press briefing following the annual meeting with Mr. R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation. About Power Corporation Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. To learn more, visit SOURCE Power Corporation of Canada
Cision Canada
29-04-2025
- Business
- Cision Canada
Power Corporation to Announce First Quarter 2025 Financial Results on May 13, 2025 Français
MONTRÉAL, April 29, 2025 /CNW/ - Power Corporation of Canada (TSX: POW) (TSX: (Power Corporation) will release its first quarter 2025 financial results on Tuesday, May 13, 2025, after market close. R. Jeffrey Orr, President and Chief Executive Officer, and Jake Lawrence, Executive Vice-President and Chief Financial Officer, will host an earnings conference call on Wednesday, May 14, 2025 at 8:00 a.m. (Eastern Time). A question-and-answer period with analysts will follow the presentation. Shareholders, investors and other stakeholders are welcome to participate on a listen-only basis via telephone and live audio webcast. The live audio webcast and presentation materials will be available at: To listen via telephone, please dial 1-833-752-3688 toll-free in North America or 1-647-846-8526 for international calls. A replay of the conference call will be available from May 14, 2025 at 11:00 a.m. (Eastern Time) until August 6, 2025 by calling 1-855-669-9658 toll-free in Canada or 1-412-317-0088 for international calls, using the access code 6590090#. A webcast archive will also be available on Power Corporation's website. About Power Corporation Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. To learn more, visit
Yahoo
26-02-2025
- Business
- Yahoo
Power Corporation to Announce Fourth Quarter and Year-End 2024 Financial Results on March 19, 2025
MONTRÉAL, Feb. 26, 2025 /CNW/ - Power Corporation of Canada (TSX: POW) (TSX: (Power Corporation) will release its fourth quarter and year-end 2024 financial results on Wednesday, March 19, 2025, after markets close. R. Jeffrey Orr, President and Chief Executive Officer, and Jake Lawrence, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Thursday, March 20, 2025 at 8:30 a.m. (Eastern Time). A question-and-answer period with analysts will follow the presentation. Shareholders, investors and other stakeholders are welcome to participate on a listen-only basis. The live audio webcast and presentation materials will be available at: To listen via telephone, please dial 1-844-763-8274 toll-free in North America or 1-647-484-8814 for international calls. A replay of the conference call will be available from March 20, 2025 at 11:30 a.m. (Eastern Time) until May 12, 2025 by calling 1-855-669-9658 toll-free in Canada or 1-412-317-0088 for international calls, using the access code 3555585#. A webcast archive will also be available on Power Corporation's website. About Power Corporation Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. To learn more, visit SOURCE Power Corporation of Canada View original content:
