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The Latest Breaking News from FSS

Five revelations from the 'shocking' report into Queensland forensic lab DNA bungle

Public hearings haven't begun yet – but already the inquiry's interim findings, released yesterday, are sending shock waves across government and the justice system.

ABC News

Markets plunge on US rate hike fears

Thai and other Asian stock markets tumbled on Monday, with the regional benchmark approaching a two-year low last seen in mid-July, as investors fled risk assets after the US Federal Reserve signalled that it would keep raising interest rates to rein in inflation.

Bangkok Post

TLI initial public offering marks full subscription

Thai Life Insurance's (TLI) initial share allotment from Financial Syrus Securities (FSS) was fully subscribed on its first day yesterday in the region's largest initial public offering (IPO) by an insurance firm since 2000.

Bangkok Post

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Food bodies raise concern about lack of import controls post Brexit

A joint report from the Food Standards Agency and Food Standards Scotland raised concerns.

The Independent UK

UK faces ‘significant risks’ to quality of food imported post-Brexit, says report

Better controls on EU goods needed as impact of Covid and Russia-Ukraine war also put pressure on standards

The Guardian - UK

Alex Jones’s plan to avoid paying Sandy Hook families? Trying to twist bankruptcy laws

Subchapter V was intended to help small businesses struggling to pay creditors – not toxic conspiracy theorists

The Guardian - US

An insurance veteran goes public

After 80 years in business, Thai Life Insurance (TLI), the country's second largest life insurer, is going public in 2022 to enable sustainable growth through digital transformation, business expansion and improvement of corporate governance.

Bangkok Post

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Kinder products linked to salmonella outbreak still on Scottish retailer shelves

Confectionary giant Ferrero, owner of Kinder, have recalled some their products with both adults and children being warned not to purchase or eat them.

Glasgow Live

Federal Signal Tops Q1 Estimates, Lifts Low End Of FY22 Guidance

Federal Signal Corp (NYSE:FSS) reported first-quarter sales growth of 18% year-over-year to $330.2 million, beating the consensus of $302.71 million. Orders increased 18% Y/Y to $452.6 million for the quarter, with the backlog at $751 million (+83% Y/Y). Adjusted EPS was $0.34, beating the consensus of $0.27. ESG revenues grew 20% Y/Y…

Benzinga

Shoppers issued with urgent allergen warning due to impact of Ukraine conflict

The Food Standards Agency (FSA) and Food Standards Scotland (FSS) are advising consumers to watch when shopping as some food products labelled as containing sunflower oil may instead contain refined rapeseed oil as a result of the Ukraine conflict.

Edinburgh Live

UK running out of sunflower oil due to Ukraine war and food labels are now wrong

The food safety risk of substituting sunflower oil with refined rapeseed oil was “very low”, agencies have said

Chronicle Live

Food labels now wrong as UK runs out of sunflower oil due to Ukraine war

Manufacturers are changing the ingredients without updating their packaging - in a bid maintain food supplies

Wales Online

Sunflower oil shortage sees rapeseed oil added to foods without label changes

Some manufacturers have had to urgently switch to refined rapeseed oil because of supply issues linked to the Russian invasion of Ukraine.

The Independent UK

The queen of crime-solving

The long read: Forensic scientist Angela Gallop has helped to crack many of the UK’s most notorious murder cases. But today she fears the whole field – and justice itself – is at risk

The Guardian - UK

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Benzinga

Analysts Cut Federal Signal Price Target Post Q4 Results

KeyBanc analyst Steve Barger lowered the price target on Federal Signal Corp (NYSE:FSS) to $48 (an upside of 37.5%) from $55 and maintained an Overweight rating on the shares. The analyst mentions the shares declined following the company’s Q4 results and 2022 guidance. He believes the decline was driven by the EPS guide of $1.76-$2.00…

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