The AA considers new all-cash bid after Centerbridge and Platinum bow out

Posted On Sep 4 2021 by

first_imgThursday 24 September 2020 9:33 am AA mulls all-cash offer from former rivals Towerbrook and Warburg Pincus Roadside rescuer the AA is considering a new takeover bid (Getty Images) Its current market value is £175m. Show Comments ▼ AA said earlier this month it had been granted an extension by regulators for potential offers until 29 September. The AA is today in talks about a possible all-cash offer from a consortium made up of private equity firms Towerbrook Capital Partners and Warburg Pincus. The roadside recovery service also confirmed talks with Centerbridge Partners Europe and Platinum Equity Advisors had broken down, as was mooted earlier this week. whatsapp But the small-cap firm’s share price has slumped in recent years, amid concerns about the size of its debt pile. center_img The AA, famed for its yellow recovery vehicles, looks set to return to private equity hands after being floated in London in 2014. Its board will keep talking to other investors over a range of alternative potential refinancing options, including the possibility of raising new equity, it added. Josh Martin whatsapp Roadside rescuer the AA is considering a new takeover bid (Getty Images) Also Read: AA mulls all-cash offer from former rivals Towerbrook and Warburg Pincus Share “The consortium has confirmed its strong interest in pursuing a possible all-cash offer for the company, including an intention to de-lever the AA’s capital structure significantly, consistent with the company’s objectives,” AA said Shares are up three per cent on the news. Tags: AA Companylast_img read more

France targets City of London firms in post-Brexit ‘Choose France’ push

Posted On Sep 4 2021 by

first_imgOne investment banking source told the Telegraph: “We have to run a business and we do need people to go between London and New York. The French are opening their ­country for business. We don’t want to be an exception. We are not trying to be selfish, we are saying all business needs this.” JP Morgan chief Jamie Dimon and Goldman Sachs boss David Solomon have been invited to Macron’s “Choose France” event at the Palace of Versailles on 28 June, where the President will try to make the case for investment in France. Macron last year publicly declared his intention to turn Paris into the “leading financial centre” in Europe. The Sunday Telegraph reports that Macron will highlight the UK’s strict Covid travel policy in his push to get financial services firms to move jobs and assets to Paris from London. French President Emmanuel Macron has began a new push to bring City of London firms to Paris post-Brexit. France targets City of London firms in post-Brexit ‘Choose France’ push Around 7,000 jobs and more than £1 trillion of assets from financial services firms have been switched from London to EU capitals since 2016, according to EY. whatsapp Skyline of La Defense business district with its Arche behind Paris’ landmark, the Arc de Triomphe and the Champs Elysees avenue in Paris Boris Johnson and Joe Biden agreed last week at the G7 summit in Cornwall to create a new taskforce with a goal to open up travel between the UK and the US. Sunday 20 June 2021 1:03 pm Also Read: Deloitte tells staff they can work from home forever Tags: Brexit Stefan Boscia center_img Meanwhile, people who have been fully vaccinated can travel from France and other EU nations to the US without having to take tests or quarantine. Major players in the City of London are reportedly angry at the government’s insistence on not allowing people who have had two jabs to travel to amber list countries without quarantining on their return to the UK. whatsapp The UK’s financial services sector lost its wide ranging pre-Brexit access to EU markets on 1 January this year. Macron’s push to lure City firms to Paris is a part of a longer term goal to try and benefit from the UK’s exit from the EU. Also Read: G7 Brexit brawl: Raab hits out at ‘offensive’ Macron comments on Northern Ireland Travel Share Show Comments ▼ However, there is no timeframe for a deal on travel access to be agreed. The vast majority of City firms were prepared for this and have moved jobs to EU capitals to retain frictionless access to European markets. last_img read more

Rural TV service going digital

Posted On Aug 24 2021 by

first_imgCommunityRural TV service going digitalOctober 27, 2015 by Hannah Colton, KDLG Share:The Alaska Rural Communication Service, which provides free TV programming in much of rural Alaska, is switching its stations from analog to digital in the coming months.The Federal Communications Commission started requiring stations to switch to digital in 2009, but Alaska is one of the last places to get around to it.Steve Hamlin is the technical manager for Alaska Public Broadcasting, Inc. When ARCS stations make the switch, he says viewers will need either a digital TV or a “set top box converter” for their analog set.“That is a digital television receiver that has outputs that you then hook up to your television, similar to the way you would have hooked up a VHS machine in years past,” Hamlin explained. “It would allow people to keep their older analog TV set and still be able to use it to watch the newer digital signal.”Some people may have a converter box tucked away from back in 2009 when the government issued coupons for them. If not, Hamlin says, converters can be purchased for $35 to $50 on Amazon or eBay.Once ARCS goes digital, Hamlin says viewers will notice not only an improvement in sound and video quality, they’ll also have more channels to choose from.“Right now, we’re pushing four channels of television through the ARCS digital trans system that are out there,” said Hamlin. “Those channels are the ARCS variety channel, which people who watch ARCS are already used to; the statewide Public Broadcasting Service channel called Alaska Public Television; University of Alaska television; and the fourth channel is 360 North, which comes up from KTOO in Juneau, which features a lot of Alaska programming and also features the Alaska Legislature in action.”Hamlin says ARCS will convert to digital in 185 communities, many in Western Alaska, over the next nine months.Aleknagik is set to go digital on Nov. 1. Then within the next three months, stations will switch in 30 more communities, including Chignik Lake, Igiugig, King Cove, Kokhanok and Nondalton.The Dillingham ARCS station will switch over later on. Share this story:last_img read more

New study links 2015 seabird die-off to food scarcity during the ‘Blob’

Posted On Aug 24 2021 by

first_imgAlaska’s Energy Desk | Fisheries | Oceans | WildlifeNew study links 2015 seabird die-off to food scarcity during the ‘Blob’January 16, 2020 by Kavitha George, Alaska’s Energy Desk – Kodiak Share:A recently dead common murre found by a citizen scientist on a routine monthly survey in January 2016. (Photo courtesy of Coastal Observation and Seabird Survey Team)Alaskans may remember a few years ago, when huge numbers of common murres, a type of northern seabird, were washing up dead onshore. A new study from the University of Washington links the large die-off up to food scarcity during a period of extremely warm water temperatures.In the fall of 2015, U.S. Fish & Wildlife Service biologist Robin Corcoran remembers over 100 murre carcasses lying beached in Kodiak’s Pasagshak Bay.“Late August, early September was when we started to see a large number of birds dead on the beach and also birds just coming out of the water.” Corcoran said. “They were weak. Their plumage was pretty shabby. They were no longer waterproof. They were just starving to death.”And that’s because with warming ocean temperatures, murres were losing their food source.When the last “Blob” hit the Pacific, an area of the ocean larger than Canada experienced surface ocean temperatures rise as much as 7 degrees, completely altering the marine ecosystem for more than two years. The result was havoc in the food chain.“It didn’t extinct anything but it just changed the rules of who was a winner and who was a loser,” said Julia Parrish, a professor of marine sciences at the University of Washington.She said the ecosystem shift started with phytoplankton. Nutrient-rich cold-water phytoplankton began dying off, replaced by new, warm-water phytoplankton.“The new species were smaller and not as energy dense. So less like a Clif bar, more like a rice cake. And all of that meant that the predators had to eat more to get enough to eat.”Without a reliable source of phytoplankton, forage fish started to dwindle. And with fewer forage fish to eat, murres began to starve. In the span of about a year, Parrish estimates one million birds died from California to Alaska.“I would say a million is a round number. I would also say it’s probably a conservative one,” she said. “It’s highly likely that more than a million birds died.”In January 2016, 6,540 common murre carcasses were found washed ashorenear Whitter, Alaska, translating into about 8,000 bodies per mile of shoreline — one of the highest beaching rates recorded during the mass mortality event. (Photo courtesy of David B. Irons)For climate scientists, murres are an excellent indicator of how some other marine species, like cod, are doing. And that’s simply because murres and cod eat the same forage fish. It’s no surprise then that Pacific cod have also experienced a sharp decline in the same Blob-affected areas that murres did.NOAA fisheries biologist Steve Barbeaux has studied the cod crash for years. With another marine heat wave looming, he says murres are something to watch for this winter.“If we see — like we did during the first heat wave — huge die off in murres, that would not be good for the cod population,” he said. “If the murres are starving to death, that means there’s not enough forage out there. And unfortunately, with the cod metabolism being so high, they could quickly end up in the same boat that we were at during the last heat wave.”As far as recovery goes, Parrish says the outlook for murres is murky.“I think that the warming ocean poses an uncertain future for murres,” she said. “I don’t believe that they are going to go extinct. But I believe the size of the populations that the marine environment can support will be lower.”Parrish and Corcoran are among the authors of the new murre die-off study, released in the journal PLOS ONE on Jan. 15, 2020.Share this story:last_img read more

OpenBiome to wind down stool bank operations

Posted On Jun 23 2021 by

first_img A bottle containing human fecal matter solution, frozen to minus 80 degrees celsius, in an OpenBiome laboratory. Steven Senne/AP Log In | Learn More What’s included? [email protected] About the Author Reprints OpenBiome, the nation’s first public stool bank, will soon end its program for collecting, screening, and shipping material for fecal microbiota transplants, or FMT, the company announced Tuesday.It won’t be immediate; the company plans to resume shipping the stool it has in its inventory to physicians in May while it begins to wind down its program. It isn’t clear when the last shipment will occur. After the program is shuttered, OpenBiome will stay open, redoubling its microbiome research efforts, Carolyn Edelstein, OpenBiome’s executive director, told STAT. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Health What is it? Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.center_img By Kate Sheridan Feb. 23, 2021 Reprints Kate Sheridan General Assignment Reporter Kate covers biotech startups and the venture capital firms that back them. Unlock this article — and get additional analysis of the technologies disrupting health care — by subscribing to STAT+. First 30 days free. GET STARTED @sheridan_kate GET STARTED OpenBiome to wind down stool bank operations Tags biotechnologybusinessmicrobiomelast_img read more

South Manchester Farmers to Benefit from Irrigation System

Posted On Jun 17 2021 by

first_imgAdvertisements FacebookTwitterWhatsAppEmail An interesting feature of rural life is the simple, unspoiled existence of persons who have come to devise creative ways of surviving under challenging circumstances.For the farmers of Duff House and New Forest, in South Manchester, farming has long been their main economic activity. This area, bordering the bread basket parish of St. Elizabeth, is traditionally known for the cultivation of vast acres of escallion, thyme, watermelon, cucumber and tomato.While these farmers are faced with numerous challenges as they attempt to feed not only the nation, but the various countries to which their produce is exported, the most difficult one they confront is an inadequacy of water for irrigation purposes.Rupert Clarke, a member of the New Forest/Duff House Water Users Association, tells JIS News that water has been very costly, as he has had to harness the unreliable and inconsistent supply from the National Water Commission (NWC), and use four generators to distribute the commodity. “This is very expensive to maintain, as the generators consume significant quantities of fuel on a regular basis,” he says.“The water is so low, and I use overhead irrigation, so I have to catch it in a tank and use generators to pump it back to the plants. The water really is our biggest problem outside of marketing,” he complains.His concern mirrors those of the remaining 419 persons comprising the New Forest/Duff House Water Users Association, many of whom are not able, because of limited funds, to set up sophisticated irrigation systems, which will allow them to remain economically viable.To address the plight of this group of farmers, who continue to play a major role in ensuring the country’s food security, the National Irrigation Commission (NIC) has provided a lifeline to ensure their livelihood.Under the relatively new National Irrigation Development Programme (NIDP), developed by the Government and executed by the NIC, farmers, particularly those along Jamaica’s southern plains, are to benefit from more efficient and effective irrigation systems, designed to maximise the cultivation of crops, as well as increase farm income, while affording persons an improved standard of living.Under this scheme, five production wells are currently being drilled at Duff House, Plumwood, Lane, Rowes Corner and New Forest, which should be interconnected through a complex network of pipelines, allowing them to efficiently address the needs of the local farmers. They will operate at an average discharge rate of 75 litres per second, per day, resulting in a 75 per cent increase in crop yields, over the present figures.Mr. Clarke is confident of the capacity of this system to effectively solve the irrigation woes of persons like himself.“My expectation is to get good water supply which can help me to increase my production. It will mean I can earn more and I can produce more, and I can also cut back on my gas system, and I feel this will save me a lot, and I will make more in the long run,” he tells JIS News.Acting Project Director of the NIDP, Milton Henry, asserts that the initiative is a timely one, that will significantly improve the lives of existing farmers, and those who may soon become involved in the sector, as a result of the downturn in the bauxite industry, which was a major employer of persons from the areas.“The farmers under this scheme have a tremendous opportunity to increase productivity and increase farm profits. We’ll be supporting their Water Users Association with an office, with training, with any other support that they need to go forward, and we’ll be providing joint management with them for whatever time it takes to ensure that they are able to take over the scheme properly and effectively run it themselves,” he says.Mr. Henry emphasises that while it is important that the farmers be equipped with an efficient water supply in order to increase production, it is also necessary that they are able to access working capital. As such, running in tandem with the irrigation programme, is the Land Tenure Regularisation and Titling Programme, which is being facilitated by the Land Administration and Management Programme (LAMP) and the National Land Agency.Under this programme, persons are being presented with the opportunity to have their lands properly demarcated and titled, allowing them to prove ownership, in order to procure funding from banks and other lending institutions, thereby increasing their income earning potential. Cadastral mapping of the land is being undertaken by Llewelyn Allen and Associates.This aspect of the NIDP is being jointly funded by the Government of Jamaica and the Inter-American Development Bank (IDB) at a cost of US$2.57 million. Other NIPD projects are currently taking place across the island, including the Seven Rivers Irrigation scheme in St. James; expansion of the Beacon/Little Park project in Pedro Plains, St. Elizabeth; and the rehabilitation of the Hounslow Irrigation system, also in St. Elizabeth, which are being funded by the Caribbean Development Bank (CDB). Sixteen other projects have been selected by the IDB for capital injection.Central to the successful implementation of the programme in the designated areas, is the mobilisation of the farmers into groups called Water Users Associations. These individuals will be trained in on-farm water management practices, operation and maintenance, agribusiness, budgeting and environmental issues, among other things. They will also be schooled in proper management and monitoring of the systems, in order to ensure that generations of farmers will benefit from the programme. RelatedSouth Manchester Farmers to Benefit from Irrigation System RelatedSouth Manchester Farmers to Benefit from Irrigation Systemcenter_img RelatedSouth Manchester Farmers to Benefit from Irrigation System South Manchester Farmers to Benefit from Irrigation System AgricultureMay 8, 2009last_img read more

More GPs to join COVID-19 Vaccine Rollout

Posted On Jun 16 2021 by

first_imgMore GPs to join COVID-19 Vaccine Rollout The Hon Greg Hunt MP Minister for Health and Aged Care The role of General Practices in the COVID-19 vaccine rollout is set to expand, with up to 900 additional general practices to come on board to administer the AstraZeneca COVID-19 vaccine as part of a targeted expansion to ensure more points of presence are available across the country.Through an expression of interest (EOI) process, run in partnership with Primary Health Networks (PHNs), we’re inviting general practices who are currently not participating in the rollout to apply.The Australian Government has worked closely with states, territories and PHNs, undertaking comprehensive modelling and analysis to identify projected COVID-19 vaccine gaps across Australia.These new practices will be brought into the program from mid-June to ensure equitable and timely access to COVID-19 vaccines for people aged 50 and above.More than 4,600 primary care vaccination sites joined the rollout between March and April 2021 – including approximately 4,400 general practices.Primary care, as the cornerstone of our health system, has played a critical role in the COVID-19 vaccine rollout so far, with approximately two-thirds of all the vaccinations administered to date occurring within general practice.The PHNs will assist the coordination of a short EOI process within their regions, with interested general practices asked to provide details required to be on-boarded to the program.Beyond the general practices in regions initially targeted, the results of the EOI may be used to bring further practices on board as the rollout progresses and for a future ramp-up of the program later in the year as more vaccines become available. /Media Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AstraZeneca, AusPol, Australia, Australian, Australian Government, covid-19, Department of Health, future, general practice, Government, health, healthcare, primary care, vaccination, vaccinations, Vaccineslast_img read more

Mercedes-Benz hosts virtual car show with Leno, Ludacris and Martha Stewart

Posted On Jun 15 2021 by

first_img PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | virtual panelPlayThese spy shots get us an early glimpse of some future models | The concours will be hosted Friday May 1 at 5 p.m. EDT, and at the end of the call, Mercedes-Benz will make a donation to the American Red Cross. To tune in, click the link here. Trending Videos advertisement RELATED TAGSMercedes-BenzLuxuryClassic CarsLuxury CarsClassic Cars & TrucksNew Vehicles Pebble Beach Concours d’Elegance cancelled for first time in 60 years See More Videos Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” COMMENTSSHARE YOUR THOUGHTS We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. The Rolls-Royce Boat Tail may be the most expensive new car ever The Pebble Beach Concours d’Elegance has been cancelled for 2020, leaving many brands without a place to show off their rare and expensive vehicles. Mercedes-Benz has a plan, however, to host its own car show, with stars who own its cars.While concours still have a draw, some major auto shows have recently fallen out of favour with automakers, specifically German ones.Audi has been known to skip the occasional auto show, as has Mercedes-Benz. Now, Benz is putting on a show of its own via online video call. Bentley takes home Best in Show at 2019 Pebble Beach Concours d’EleganceMercedes-Benz has provided a list of vehicles set for display, although it doesn’t say who owns what. The list of vintage cars includes a 1908 chain-drive Mercedes with a Benz Aero engine; a 1956 300 SL Gullwing; a 1988 560 SL; and a 1991 G 300 D.More modern vehicles will also be featured, such as an A 220; a GLS 550; a Mercedes-AMG S63 coupe; a Mercedes-AMG G63,;and a Mercedes-AMG GT C coupe. Trending in Canada The Mercedes-Benz Concours de Zoom, as it’s being called, will feature big stars talking about their own personal Mercedes vehicles. Jay Leno, Martha Stewart, Ludacris, golfer Rickie Fowler, actress Madelaine Petsch, filmmaker and music video director Cole Walliser and a few others will sign on to talk about their personal Mercedes vehicles.RELATED Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Weltpremiere des Mercedes-Benz Showcars Vision EQ Silver Arrow in Pebble Beach 2018 World premiere of the Mercedes-Benz Vision EQ Silver Arrow show car at Pebble Beach 2018  Mercedes-Benz ‹ Previous Next ›last_img read more

KT aims to commercialise world’s first 5G service in 2019

Posted On Jun 4 2021 by

first_img Previous ArticleSmarTone eyes 5G with 5-year Ericsson dealNext ArticleFacebook’s new app aims to overtake Snapchat in emerging markets AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 09 NOV 2016 Telkomsel turns on 5G in major cities Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more South Korea’s second largest operator KT reportedly plans to be the first to commercialise 5G in 2019, a year earlier than its previously stated target, and believes the standards used for the 2018 Winter Olympics will become the de facto 5G standards.Oh Seong-mok, KT’s VP of networks, said he was “certain that the standards of the 5G Special Interest Group (SIG), which is led by KT, will become the major standards for 3GPP’s international standards” going forward, ET News reported.Oh said in developing the 5G-SIG standards, the timing for standardisation has been pushed forward by a year, which means everything will be finished by 2019. “We are planning to commercialise 5G in 2019 based on the international standards.”KT has billed the 2018 Winter Olympics in Pyeongchang as the first 5G games, with its goal of launching numerous “5G capable” services. It is the official mobile operator supporter of the event.A “5G Games” in early 2018 is a very ambitious target, given that official ratification of a first true 5G standard isn’t expected until that year.The operator said recently it will deploy 5G technology and demo services at the Winter Olympics using the standards set by the Next Generation Mobile Network (NGMN) and 3GPP. “To improve upon the standards for 5G in Pyeongchang, KT will continue to make efforts to work with the global standards organisations in playing a leading role and setting the direction of 5G technology,” stated KT.This week it disclosed specifications for the 5G-SIG standard that have been jointly developed by global vendors, including Intel, Nokia, Qualcomm and Samsung. Joseph Waring Nokia scores Philippines 5G deal with Dito Tags center_img HomeAsiaNews KT aims to commercialise world’s first 5G service in 2019 Related Singtel lights SA 5G network Asia Author 5GKTPyeongchanglast_img read more

ALONE launch national support line following Coronavirus outbreak

Posted On May 26 2021 by

first_img RELATED ARTICLESMORE FROM AUTHOR AudioHomepage BannerNews ALONE launch national support line following Coronavirus outbreak Pinterest Previous articleYoung Donegal MMA star signs with SBGNext articleCockhill head to Longford for EA Sports Cup clash – Gavin Cullen News Highland DL Debate – 24/05/21 Facebook Twitter Google+ Google+ Twitter ALONE, the organisation that supports older people, has announced the launch of a national support line and additional supports for older people.ALONE is working in collaboration with the Department of Health and the HSE to support older people who have concerns or are facing difficulties relating to the outbreak of Coronavirus in Ireland.The supports offered include a new national support line launching tomorrow and additional outreach and coordinated support.Professional staff will be available to answer queries regarding COVID-19 and give advice and reassurance where necessary.The support line will be open Monday to Friday, 8am-8pm, by calling 0818 222 024Sean Moynihan is CEO of ALONE:Audio Player Up/Down Arrow keys to increase or decrease volume.center_img WhatsApp Facebook By News Highland – March 8, 2020 News, Sport and Obituaries on Monday May 24th WhatsApp Derry draw with Pats: Higgins & Thomson Reaction FT Report: Derry City 2 St Pats 2 Harps come back to win in Waterford Pinterest Important message for people attending LUH’s INR cliniclast_img read more