Manchester United’s Chris Smalling Set to Complete Roma Loan Move, Confirms Ole Gunnar Solskjaer

first_img Chris Smallingfootball transferloanManchester United First Published: August 30, 2019, 7:01 PM IST Get the best of News18 delivered to your inbox – subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what’s happening in the world around you – in real time. Manchester United defender Chris Smalling has travelled to Italy to seal a season-long loan move to Serie A club AS Roma, manager Ole Gunnar Solskjaer said on Friday.British media reported United have agreed a deal for 29-year-old centre back with Roma paying a fee of 3 million euros ($3.34 million). England international Smalling arrived at Old Trafford from Fulham in 2010 and last year agreed a new deal until June 2022, with the option to extend a further year.”It’s just come up the last couple of days, this opportunity for Chris. Of course we sat down yesterday and discussed it,” Solskjaer told a news conference ahead of Saturday’s league match at Southampton.”At the moment we’ve got six fit centre-backs. I couldn’t promise Chris regular football. He’s on the plane over now and I think he’ll enjoy the experience over there.”Solskjaer also expects full back Matteo Darmian, who has made only 13 United appearances since Dec. 2017, to leave before the European transfer window closes on September 2.”I can see maybe Matteo (Darmian leaving). There has been some interest in Matteo over in Italy, wanting to go back home,” Solskjaer added.”Marcos (Rojo) is staying definitely so we have a squad now that’s less in numbers but still big enough and strong enough to have coverage in all positions.” last_img read more

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Aerospace park gets environment nod, infra work to start soon

first_imgChennai, Jul 8 (PTI) The proposed aerospace park, being set up near here at an estimated cost of Rs 200 crore, has got environmental clearance from the State Level Environment Impact Assessment Authority.Being set up for manufacture of aerospace components, maintenance and repair services for avionics, the venture got the approval in May, the state government said in an official release today.Work for providing basic infrastructure facilities like roads, street lights, storm water drain in the over 245 acre facility will begin soon at an estimated cost of Rs 50 crore.Industries Minister MC Sampath and top government officials inspected the ongoing work at aerospace park located in the SIPCOT Vallam-Vadagal Industrial Park today.”This park will attract Rs 1,000 crore of investment in a period of five years and will generate direct employment opportunity to 10,000 people and indirect employment to 25,000,” the release said.The minister also reviewed works on a truck terminal, set up at a cost of Rs 10.8 crore, at the Industrial Park.Jayalalithaa had already announced that an Advanced Computing and Design Centre will be set up in the aerospace park. PTI VGN BN SMJ MAVlast_img read more

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WOODBURY COURTHOUSE TO CELEBRATE 100TH ANNIVERSARY

first_imgWoodbury County officials have announced more details of their plan to celebrate the 100th anniversary of the county courthouse.Spokesman Jim Jung says five days of special events are planned from May 1st through the 5th:Audio Playerhttp://kscj.com/wp-content/uploads/2018/02/100TH.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC…..things like that. :11One of the anticipated events is a display of items recovered from the time capsule placed in the cornerstone of the building 100-years ago:Audio Playerhttp://kscj.com/wp-content/uploads/2018/02/100TH2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC……..re-dedication of the cornerstone. ;20The Woodbury County Courthouse was designed by William Steele and Jung says it’s the largest public Prairie Style structure in the world:Audio Playerhttp://kscj.com/wp-content/uploads/2018/02/100TH3.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.OC………pointing westward. ;20Something modern has been added too.A brand new audio-visual tour of the National Historic Landmark has been created.last_img read more

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Doucoure tipped for £50m Watford exit

first_imgFormer Watford striker Tommy Smith says it is inevitable that Abdoulaye Doucoure will leave Vicarage Road in the near future but hopes the club can hold onto him until at least the summer.The 26-year-old has established himself as a key player in the Hornets midfield over the past two seasons.He was named Watford’s Player of the Year at the end of their 2017/18 campaign and has contributed three goals and a further five assists this time round to help the club up to eighth in the Premier League. Article continues below Editors’ Picks ‘There is no creativity’ – Can Solskjaer get Man Utd scoring freely again? ‘Everyone legged it on to the pitch!’ – How Foden went from Man City superfan to future superstar Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Merseyside duo Liverpool and Everton have both been linked, though the most sustained interest appears to be from French champions Paris Saint-Germain, who are reportedly ready to pay up to £50million ($63m) for the former France U21 international.Former Hornets forward Smith, who made more than 250 appearances for Watford over two spells, accepts that the club would be unable to resist an offer of that size. However, he remains hopeful that Doucoure will stay in Hertfordshire until at least the end of the season to help sustain their bid for a top 10 finish.“He’ll be a huge loss if he does leave and ultimately he probably will do,” he told Love Sport Radio.”When you’re talking about clubs the size of PSG, Champions League football and titles, for any player that’s going to be attractive.”When you’re talking £50m for a player, for a club like Watford that’s enormous. I think if that is the kind of interest, it will only be a matter of time.”I’ve seen him play a number of times and he’s an exciting talent who can score goals as well. He’s a Vieira-esque midfielder who gets up and down and gets in both boxes.”He’s quite physical and he’s good on the ball as well so I’m not surprised by the interest.”It’s going to be tough for Watford to keep hold of him and hopefully they’ll keep hold of him in January before seeing where things take him in the summer.”Javi Gracia’s side are to take on Woking in the FA Cup this Sunday before Premier League ties with Crystal Palace, Burnley and Tottenham before the end of January.last_img read more

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Harrison Ford Urges US To Invest In Conservation Before It Becomes National

first_imgHarrison Ford has urged the US to invest in conservation in a new interview with the BBC’s Laura Trevelyan.Video: Harrison Ford: ‘Humans need nature’.In the interview, the actor – alongside Conservation International Chief Executive Officer Peter Seligmann – talks about how the lack of water and food in developing countries could become a national security issue for the US.“It puts such stress on some of the most fragile nations in the world,” he says. “We’re all interconnected. For example, a simple lack of fresh water can lead to population dislocation, which can lead to political radicalization, which can lead to great pressure on the states that receive refugees because of a migrating population.””It’s a lot cheaper to intervene before it becomes a national security issue,” Mr Ford said. “Every dollar that we spend on international conservation comes back to us.”When asked why it is so important to him so personally, Ford replied “I’m human, I have children, I’m interested in their futures. I’m interested in nature in many many ways. And I’m also interested in the moral responsibility of human beings – to each other, to themselves, to the future.”To watch the entire interview, click here.last_img read more

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Push to repeal bylaw allowing stores north of Toronto to open on

first_imgLabour groups and some politicians are pushing to repeal a bylaw that allows retailers north of Toronto to stay open on holidays such as Family Day.Councillors in York Region, which consists of nine municipalities including Markham, Vaughan and Richmond Hill, Ont., voted 17-3 in favour of the Holiday Shopping Bylaw in November.The legislation exempts all businesses from a provincial law requiring them to close on nine statutory holidays each year. They’re now able to open, if they choose, for 364 days per year — every day except Dec. 25.The Toronto and York Region Labour Council has drafted a petition urging York Region to reconsider the bylaw, saying the extra days will cut into retail workers’ valuable time with their families.Labour council president John Cartwright said that in today’s “incredibly fast-paced world,” that time is more important than ever.“Often, that’s the only guaranteed time that people know they can spend with their families — statutory holidays — and now that’s been stripped away,” he said.According to the York Region Employment and Industry Report, approximately 64,000 people are employed in the retail sector in the region. Cartwright said many of them work two or three jobs in order to get by.“You can’t put a roof over your head in the (Greater Toronto Area) working only one job at 14 dollars an hour,” he said.Ontario’s Retail Business Holidays Act requires retailers to close on New Year’s Day, Family Day, Good Friday, Easter Sunday, Victoria Day, Canada Day, Labour Day, Thanksgiving Day and Christmas Day.Some businesses are exempted, including gas stations, pharmacies and any business under 225 square metres. The law also permits municipalities to exempt themselves from the requirements.The Retail Council of Canada applauded York Region’s decision, and said it is now lobbying neighbouring Peel Region to make a similar change.“Retailers should be deciding at their discretion whether to be open on statutory holidays without restrictions imposed by governments,” the council said in a statement.Markham Mayor Frank Scarpitti was one of the three York regional councillors who voted against the bylaw, and he said there’s a growing movement to have it repealed.“I’m not even sure to what extent local municipalities are aware, or really understand the impacts of this new bylaw,” said Scarpitti, who held an event Friday with labour leaders to raise awareness of the issue.“The impact of this is not fully felt yet, obviously.”Cartwright said that many businesses initially called for volunteers to fill shifts on New Year’s Day, when the bylaw took effect, but ended up having to assign shifts.He said while employees will receive extra pay for working holidays like Family Day, he worries that may not last.“They used to get overtime pay on Sundays, when Sunday shopping first came in. But what happened over the years is that just became part of the reality,” he said.“It would only be a matter of time before this becomes the norm for those holidays as well. That’s how the market works, I’m afraid.”last_img read more

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Netflix to borrow another 2B to pay its programming bills

first_imgSAN FRANCISCO – Netflix plans to borrow another $2 billion to help pay for the exclusive series and movies that its management credits for helping its video streaming service reel in millions of new subscribers during the past five years.The additional debt load announced Monday isn’t a surprise. Netflix needs more cash because it has been spending more money than its business generates since its expansion into original programming with the 2013 release of “House of Cards.”Netflix expects to burn through $3 billion this year. The $2 billion that Netflix plans to raise in a bond offering will be lopped onto it existing debt of $11.8 billion. That includes another $1.9 billion debt offering that Netflix completed earlier this year.The borrowing binge appears to be paying off. Netflix has gained nearly 100 million subscribers since September 2013, including 7 million in the past quarter. The company recently predicted it will add another 9.4 million subscribers by the end of this year.The Los Gatos, California, company believes all its spending on award-winning programming will help it build an insurmountable lead in video streaming as other major entertainment companies such as Walt Disney Co. join the fray with a current crop of competitors that include Amazon, Hulu and HBO.Investors have been betting heavily on Netflix to win. The company’s stock is worth seven times more than it was five years ago, to give Netflix a market value of about $146 billion. The shares slipped $3.13 to close Monday at $329.54.last_img read more

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Security Council to focus on relationship with regional organizations this month

Strengthening the relationship between the United Nations and regional organizations such as the African Union will be the focus of the programme of work at the Security Council this month, its current President told reporters today.Ambassador Dumisani Kumalo of South Africa, which holds the rotating presidency for April, said the 15 ambassadors in the Council will hold a historic meeting on 16 April with the 15 members of the AU’s Peace and Security Council.A day later, South African President Thabo Mbeki is scheduled to chair an open debate – to be attended by several heads of State – on the relationship between the AU and other regional groups and the UN, with a focus on current conflicts in Africa.Mr. Kumalo said invitations had been sent to many heads of State, including Sudanese President Omar al-Bashir and Chadian President Idriss Déby, to attend the Council events. Ivorian President Laurent Gbagbo and Somali President Abdullahi Yusuf Ahmed have already confirmed their participation.Secretary-General Ban Ki-moon said in a report released recently that it was time for regional organizations to play a greater role with the UN in conflict prevention, management and resolution.Mr. Ban has proposed the formation of an AU-UN panel within the next three months to consider how to support peacekeeping operations undertaken by regional organizations, especially with regard to start-up funding, equipment and logistics.Mr. Kumalo said the Council was also likely to take up, among others, the issues of Western Sahara, Lebanon, Kosovo, Somalia, Cyprus, Myanmar and small arms this month. 2 April 2008Strengthening the relationship between the United Nations and regional organizations such as the African Union will be the focus of the programme of work at the Security Council this month, its current President told reporters today. read more

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Many women and girls left out of development gains UN agency reports

In spite of strides made towards achieving the Millennium Development Goals (MDGs), large numbers of women and girls, especially those in rural areas, have been left behind and continue to live in exclusion and poverty, according to United Nations data unveiled today.“Ending discrimination against women and enhancing gender justice are at the heart of meeting the MDGs,” said Inés Alberdi, Executive Director of the UN Development Fund for Women (UNIFEM), referring to the eight globally-agreed anti-poverty targets with a 2015 deadline.The agency released its latest figures as scores of heads of State and government are gathering at a UN conference in New York to assess progress on reaching the MDGs, one of which focuses on promoting gender equality and empowering women.“There is no shortage of promising practices to end inequalities between women and men, but there remains a critical shortage of resources to scale up investment of best practices that work,” Ms. Alberdi stressed.The findings released today are part of the forthcoming report entitled Progress of the World’s Women 2010/2011, Access to Justice, which will be launched in December.The publication has revealed the need for urgent action in four areas critical to gender justice and the MDGs.Firstly, stepped-up measures are needed to boost women-friendly public services to meet women and girls’ right to education, health and food, it says. In particular, secondary education is very important for girls because it enables them to access jobs, lowers their chance of contracting HIV and gives them a greater say in household decisions.The report also underscores the need for land and jobs for women to ensure their right to decent livelihoods through access to economic assets, pointing to the example of Tajikistan, where the Government has taken steps to increase women’s control over land, with the proportion of farms headed by women climbing from 2 to 14 per cent between 2002 and 2008.Third, the report urges an increase in women’s voices in decision-making, calling for more women in leadership from the community to the global level. Their limited participation in the public sphere starts in the home, UNIFEM says, with early marriages – disempowering girls throughout their lives – having the biggest impact.Lastly, the publication emphasizes the importance of ending violence faced by too many women and girls on a daily basis. This violence, it stresses, stunts their opportunities, curtails their mobility and denies them of their rights.UNIFEM is one of the four UN bodies – along with the Division for the Advancement of Women (DAW), the Office of the Special Adviser on Gender Issues, and the UN International Research and Training Institute for the Advancement of Women (UN-INSTRAW) – that will be merged under the new entity known as UN Women.It was established in July by the General Assembly to oversee all of the world body’s programmes aimed at promoting women’s rights and their full participation in global affairs. One of its goals will be to support the Commission on the Status of Women and other inter-governmental bodies in devising policies.UN Women, headed by former Chilean president Michelle Bachelet, will also aim to help Member States implement standards, provide technical and financial support to countries which request it, and forge partnerships with civil society. Within the UN, it will hold the world body accountable for its own commitments on gender equality.In carrying out its functions, UN Women will be working with an annual budget of at least $500 million – double the current combined resources of the four agencies it comprises. It is expected to become operational by next January. 20 September 2010In spite of strides made towards achieving the Millennium Development Goals (MDGs), large numbers of women and girls, especially those in rural areas, have been left behind and continue to live in exclusion and poverty, according to United Nations data unveiled today. read more

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Consumer confidence sinks as Canadians worry about problems abroad

OTTAWA — The Conference Board of Canada says its index of consumer confidence was down again in December, the third month in a row.The index is based on a monthly survey of consumer attitudes about a number of personal and general financial issues.The Ottawa-based forecaster says Canadians are disheartened by an unstable global economy and the slow pace of economic recovery in the United States.Its overall index dropped by 2.4 points from the previous month to 77.9.That’s still eight points above where it was at the end of 2011 but lower than before the 2008-9 recession.Among other things, the Conference Board found an elevated concern about future job prospects and the Canadian economy in general.The Canadian Press read more

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New Commissioner General for the Inland Revenue Department

Minister of Finance Mangala Samaraweera had made the recommendation for the post and it was approved by the cabinet. A new Commissioner General of the Inland Revenue Department has been appointed, the Finance Ministry said today.The Finance Ministry said that the Deputy Governor of the Central Bank C.J.P. Siriwardana has been appointed as the new Commissioner General of the Inland Revenue Department.

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New members – November 2014

Find out who has joined the premier automotive trade association and what they get from membership. New members – November 2014Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)

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OSU mens soccer set to take on IPFW in exhibition match

Then-sophomore defender Zach Dobey battles for space during a game against Indiana Sept. 23, 2012 at Jesse Owens Memorial Stadium. OSU lost, 2-0.The Ohio State men’s soccer team will host Indiana University-Purdue University at Fort Wayne Tuesday at 7 p.m. for the team’s second preseason exhibition match of the season. The match will be played at Jesse Owens Memorial Stadium.The Buckeyes will look to capture their first victory of the preseason, after falling 1-0 to West Virginia in the team’s first match on Sunday. The lone goal of the match came in the 75th minute when Mountaineer junior forward Andy Bevin scored off of a free kick just outside of the penalty area. The Mountaineers outshot the Buckeyes 14-6 and junior goalkeeper Alex Ivanov was the only Buckeye to play the full 90 minutes and registered three saves. A total of 17 players participated in the game for OSU, including eight that made their debut for the team.Last season, OSU managed a 6-10-3 record on the year, but failed to win a single conference game going 0-4-2 in the Big Ten. The Buckeyes lose their top two goal scorers, including Chris Hegngi who was selected by the Portland Timbers in the MLS Supplemental Draft. The team ended the year on a sour note, falling to No. 2 seed Northwestern in the quarterfinals of the Big Ten tournament 2-0.The Buckeyes will be playing against a Mastodon squad that went 4-15-1 last season and is returning five of its top six goal scorers. IPFW will be hoping to build off of the momentum from late last season when they won four of their last six matches to become the final team to advance to the Summit League Tournament. The Mastodons were defeated by a score of 5-1 in the first round of the tournament by top-seeded Oakland.The Buckeyes are scheduled to finish their preseason slate in South Bend, Ind., with a match against Notre Dame Aug. 26, and will open their regular season with back-to-back matches at home Aug. 30 and Sept. 1 against UNC-Wilmington and Northern Illinois, in the Wolstein Classic.This article has been revised to reflect the following correction:Correction: Aug. 20, 2013An earlier version of this story stated men’s soccer would play at Tulsa Sept. 6 in their regular season opener. read more

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Rolf Harris tried to stand trial from his home it emerges as

first_imgRolf Harris outside Southwark Crown CourtCredit:Eddie Mulholland Australian entertainer Rolf Harris gets out of a car as he arrives at Southwark Crown Court Rolf Harris, left, gestures as he arrives at Southwark Crown Court with his niece Jenny Harris The jury was told of Harris’s release and that he would appear in court in person, but strict limits were placed on what they were told about his previous convictions and the circumstances of his release.He had been accused of indecently touching a 14-year-old girl in 1971 after she asked him for an autograph at a music event for children in London.The musician and artist had also been accused of twice groping a third teenage girl after he was paid £100 to appear on ITV celebrity show Star Games in 1978, and telling her she was “a little bit irresistible”.He was also alleged to have touched one complainant after a recording of the BBC children’s show Saturday Superstore in 1983 before asking her “do you often get molested on a Saturday morning?”Harris, who denied all the charges, did not give evidence, with his lawyers saying he did not remember any of the events in question. Harris was released from HMP Stafford on licence part-way through the retrial after serving less than three years of his sentence.He was granted bail on the charges under consideration in the most recent trial by Judge Deborah Taylor, having appeared at the start of the case via video link from prison, as he did in the original hearing in January and February. However, the judge rejected his request to remain at his home in Bray, near Maidenhead, ordering that he must come to court each day.This was despite him offering to foot the bill for a professional video link to be installed. Rolf Harris tried to stand trial on indecent assault charges from the comfort of his living room it has emerged as he walked free from court following the collapse of the most recent case against him. Harris spoke of his “relief” at being found not guilty of four charges that he carried out sex attacks on girls as young as 13 between 1971 and 1983  after a jury could not reach verdicts.There was a cry of “Well done, Rolf” from the public gallery as the former television star left the courtroom. Harris was jailed in 2014 for a separate string of sex attacks on young women and girls.The case was a retrial, and prosecutors later said they would not seek a second retrial. It emerged that the 87-year-old asked to appear at the retrial via a video link from his Berkshire house to be close to his ill wife Alwen, 85.  The decision to allow the former Animal Hospital host to appear via video link from prison for that trial was believed to be a legal first.Judge Alistair McCreath had ruled in December that Harris did not have to come to court in person from prison because of his age and health.Following the collapse of the case, Prosecutor Jonathan Rees QC told London’s Southwark Crown Court: “We have reviewed whether it would be appropriate to seek a further retrial on these allegations.”We have come to the firm view that it would not.”Accordingly, we offer no evidence to the four counts on the indictment.” Rolf Harris leaves Southwark Crown Court Rolf Harris outside Southwark Crown Court “I’m 87 years old, my wife is in ill health and we simply want to spend out remaining time together in peace.”  Rolf Harris, left, gestures as he arrives at Southwark Crown Court with his niece Jenny HarrisCredit:AP Photo/Tim Ireland Judge Taylor heard the argument over Harris’s location in a private hearing “in chambers”, which the public and press were excluded from.However, she had earlier heard a brief outline from defence barrister Stephen Vullo QC in open court while the jury were absent.Mr Vullo said the application was for “video link from home address”, after the judge raised the idea of another location being used.He said: “An alternative address would have to be a hotel and part of the application for bail, part of the reason for the change, is to spend more time with his partner.”She isn’t getting better obviously, it isn’t as if she had a case that is going to resolve itself. She is getting worse.”In a statement read outside Southwark Crown Court in London by his lawyer Daniel Berke, Harris referenced his wife’s heath. He said: “Whilst I’m pleased that this is finally all over, I feel no sense of victory, only relief. At the original January hearing the jury failed to reach verdicts on three of the four charges, and acquitted him then of a further three. Rolf Harris leaves Southwark Crown CourtCredit:Gareth Fuller Australian entertainer Rolf Harris gets out of a car as he arrives at Southwark Crown CourtCredit:JUSTIN TALLIS/AFP/Getty Images Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.last_img read more

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Mechel buys US coal producer for major coking coal reserves

first_imgMechel, one of Russia’s leading mining and metals companies, is acquiring 100% of the shares and interests of US entities Bluestone Industries and Dynamic Energy, both West Virginia corporations, and JCJ Coal Group, a Delaware company and some of its West Virginia affiliates (together Bluestone), privately-held West Virginia-based coal businesses engaged in the mining, processing and sale of premium quality hard coking coal. The aggregate merger consideration is $436 million paid in cash (including $36 million interest paid), some 83.3 million preferred shares, plus the assumption of approximately $132 million of net debt. Other business activities conducted by the owners of Bluestone Coal Corp, including steam coal operations in Kentucky and other non-coal operations, are not included in the transaction. Bluestone sold 2.8 Mt of high-quality hard coking coal in 2008 and generated total sales of approximately $327 million and mine level EBITDA of approximately $94 million (subject to audit). The transaction is expected to be accretive to Mechel’s 2009 earnings.Igor Zyuzin, Mechel OAO’s Chief Executive Officer, commented, “The addition of Bluestone’s production assets and large, high-quality coking coal reserves and resources establishes Mechel as one of the largest producers of coking coal in the world and provides us with additional scale that will drive added efficiencies through our business. Following the closing, we expect to have up to an estimated 725 Mt of coal reserves and resources in the US (JORC Guidelines, subject to confirmation during a planned drilling program) and a more diversified asset base, including a strong foothold in North America and enhanced European, American and Asian sales channels.”“We also see significant opportunities for continued growth at Bluestone to reach production levels of more than 7 Mt/y of high quality hard coking coal concentrate and are committed to maintain the highest standards in performance, environmental responsibility and safety.” Zyuzin continued. “We have been very impressed with the Bluestone management team and the 37-year record of growth and success they have achieved. We look forward to working with our new colleagues to continue this tradition of superior service and to build an even stronger company for the future.”Jim Justice, Chairman, President and Chief Executive Officer of Bluestone Coal Group, added, “This transaction marks an excellent opportunity to take Bluestone to the next level. In Mechel, we have found a partner with a similar culture – mining operators managing their assets to produce the best product for their customers while continuing to invest in the company’s future. By becoming part of Mechel, Bluestone will gain access to additional capital, significant business opportunities, and new resources to further grow the business, both domestically and abroad.”With four mining complexes comprising eight active open-pit and five underground mines Bluestone’s coking coal holdings in West Virginia include up to an estimated 725 Mt of reserves and resources (JORC Guidelines, subject to confirmation during a planned drilling program). The vast majority is premium quality, low volatility hard coking coal suitable for sale to steel producers. Total in-place reserves in accordance with a ‘Competent Person’s Report’ represent approximately 223.8 Mt, with Proven reserves representing 49% of the total and Probable reserves representing the remaining 51%. The 22-year mine plan is supported by approximately 155 Mt of recoverable reserves and resources (261 Mt in-place). Bluestone has about 113 Mt of permitted reserves, with a further 82 Mt of reserves in the permitting process. Established in 1971 and headquartered in Beckley, West Virginia, Bluestone currently employs approximately 520 people.With more than 30 customers, Bluestone’s customer base is well-diversified and includes the world’s top coke and steel producers. Bluestone services a multi-national customer base, with the US representing roughly half of total sales in 2008, and Europe and other areas representing the remaining balance. Mechel expects to continue to serve Bluestone’s existing customer base.The transaction also includes a contingent share value right (CVR) that guarantees a target total shareholder return from the preferred shares after five years from the Closing date. In addition, the transaction consideration includes the obligation to make a contingent cash payment based on additional coal reserves and resources identified within two years under a planned drilling program. Any potential CVR cash payment due to the actual total return from the preferred shares not meeting or exceeding the target return will be paid on the fifth anniversary of the Closing date and will equal the amount by which the Target Value exceeds the sum of the aggregate market value of the preferred shares and all dividends received. The starting Target Value is $986 million which could be increased up to $1,585 million or decreased by $200 million which is the limit of indemnifiable damages. Named increase is based on the additional tonnes of proven and probable reserves or measured and indicated resources limited by 196.9 million tonnes (JORC Guidelines) discovered during the Drilling program on the territories controlled by Bluestone on base of long-term rent agreements and ownership title.The contingent cash payment based on the drilling program is an amount based on certain additional proven and probable coal reserves or measured and indicated resources discovered during the drilling program multiplied by an agreed price of $3.04 per tonne which will be paid on the fifth anniversary of the Closing date.The transaction documents contemplate that the parties will conduct a public offering of the preferred shares as soon as market conditions are favorable.Hereafter, Mechel Mining OAO, the coal and iron ore subholding of Mechel OAO, will be the owner of 100% shares and interest of Bluestone through its affiliated companies. Mechel Mining OAO will guarantee certain obligations of the Mechel subsidiaries under the merger agreement. These guarantee obligations will be supported by a pledge of the shares of the Bluestone Coal Group companies and the newly created Mechel entities that will hold those shares. The closing of the transaction is subject to certain conditions and the parties intend to close the transaction no later than May 7, 2009.Zyuzin concluded, “The acquisition of Bluestone further strengthens Mechel’s position as one of the global leaders in coking coal and enhances the quality of products we bring to our customers and the geographies we serve. Also, using coking coal concentrates from our Russian assets, we will be able to work on blending our coal into new brands, thus increasing the overall value of Mechel’s coal portfolio. The long-term drivers of demand for high-quality coking coal remain strong, and we believe this acquisition will further enhance our ability to capitalize on the opportunities in the marketplace, even under today’s challenging conditions. We look forward to working closely with Bluestone’s excellent management and employees to achieve our joint goals.”last_img read more

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Lunchtime Fix 5 things you need to know

first_img4. READY for some good news? The Central Bank has revised its GDP forecast UP. It believes the economy will grow by 2.5% this year.5. AN uneasy calm has descended in Gaza as a lull in fighting is seen. The UN has called for an immediate and unconditional ceasefire as the death toll continues to rise. WHAT’S THE STORY?1. IVOR Callely, a former TD, senator and junior minister, has been sentenced to five months in prison for claiming false expenses during his time in the Seanad. Source: Francesca Comyn/Twitter 2. TWO Irish men – aged 37 and 55 – died in a fall on Mont Blanc over the weekend, it has emerged this afternoon. Source: AP/Press Association Images3. THE Irish Daily Mail has apologised to Senator Fidelma Healy Eames for “any embarrassment” caused by two articles it published in August 2012, RTÉ News reports.center_img Judge Mary Ellen Ring says Ivor Callely’s wrongdoing was ‘not a simple mistake’. Custodial sentence required in the public interest— Francesca Comyn (@cescacomyn) July 28, 2014 Afana, 12, stands in a cemetery, destroyed by Israeli fire, as others rebury human remains. Source: AP/Press Association ImagesRead the rest of today’s news>last_img read more

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Un Samsung Galaxy Mini 2 pour le MWC

first_imgUn Samsung Galaxy Mini 2 pour le MWC ? Samsung a annoncé qu’il ne présenterait pas de nouveau mobile haut de gamme au Mobile World Congress de Barcelone. Mais cela ne veut pas dire que la firme sud-coréenne ne se prépare pas à nous présenter d’autres terminaux… Le site GSM Arena a réussi à obtenir quelques renseignements sur un Galaxy Mini 2. Le smartphone d’entrée de gamme devrait logiquement prendre la suite de son grand frère, le Galaxy Mini, sorti début 2011. De taille réduite, comme son nom l’indique, le Galaxy Mini 2 S6500 se positionne entre le Galaxy Y et le Galaxy Ace. À lire aussiMaladie de Charcot : symptômes, causes, traitement, où en est on ?Somme toute, le Jena (son nom de code) devrait être un peu plus puissant que son prédécesseur. Il devrait intégrer un écran plus large, 3,3 pouces avec une résolution de 480×320 pixels contre 3,14 pouces et un processeur plus rapide, cadencé à 800MHz au lieu de 600MHz. Il possèderait également 3Go de mémoire internet, un appareil photo numérique de 3 millions de pixels et une connexion 3G+ de type HSDPA. En revanche, le S6500 ne fonctionnera pas sous Android 4.0 Ice Cream Sandwich, mais bien sous ce bon vieux Android 2.3 Gingerbread. La sortie du Galaxy Mini 2 semble être prévue d’ici la fin du mois de février, ce qui confirmerait sa présence au MWC 2012, qui se déroulera à la fin du mois. Étant un mobile d’entrée de gamme, Samsung devrait donc le proposer à un prix plancher, assez abordable. Le 13 février 2012 à 10:50 • Maxime Lambertlast_img read more

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Netflix Allegedly Used RealLife Train Derailment Footage in Bird Box

first_img What to Stream on Netflix This WeekendZach Galifianakis Hits the Road in ‘Between Two Ferns: The Movie’ Trailer Stay on target Netflix is in hot water again: The streaming service was recently accused of using real-life train derailment footage in Bird Box, and the public is not happy about it.Bird Box, a film about spooky creatures that cause mass destruction, allegedly used stock footage of the 2013 Lac-Mégantic train derailment in a scene, The Verge reported. The footage, which was reportedly licensed to Netflix by Pond 5, a New York-based stock media supplier, involved a train that derailed, ignited, and killed 47 people in the town of Lac-Mégantic in Quebec, Canada.Even though Netflix wasn’t depicting the train tragedy in Bird Box, Julie Morin, Lac-Mégantic’s mayor, and members of the online community, have asked Netflix to delete the footage from the film.“I don’t know if this is happening all the time, but we are looking for assurances from Netflix that…they are going to remove them,” Morin told The Globe and Mail. “You can be sure we are going to follow up on this, and our citizens are on our side.”Netflix is now investigating if the train derailment footage was used in Bird Box, The Daily Dot reported.Bird Box isn’t the only flick under fire though: Travelers, a Canadian sci-fi series, allegedly used footage of the train disaster in its recent season, Radio-Canada reported. Netflix told Radio-Canada that it would update the Travelers episode and remove any clips from the Lac-Mégantic train derailment.More on Geek.com:Steve Carell to Lead New Netflix Series Inspired by Trump’s Space ForceNetflix Is Raising Its US Subscription Prices‘Choose Your Own Adventure’ Publisher Sues Netflix Over Trademarkslast_img read more

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Navy Gold Coast Conference in San Diego

first_img KUSI Newsroom, July 23, 2019 KUSI Newsroom Categories: Good Morning San Diego, Local San Diego News FacebookTwitter Navy Gold Coast Conference in San Diego Posted: July 23, 2019 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – The San Diego chapter of the National Defense Industrial Association (NDIA) is sponsoring its annual Gold Coast conference with the support of the Navy’s Office of Small Business.The event is specifically put on to help small businesses understand how they can do business with the Navy.On the 25th, the kick off day for the formal presentations, Kevin Fahey, Undersecretary of Defense for Acquisition, and Jaime Guertz, Assistant Secretary of the Navy for Research, Development, and Acquisition will speak and they will be followed by a number of speakers who will address Department of the Navy needs in acquisition.There will be more than 200 booths at the convention center with Navy commands and industries available to show their wares and meet with each other.For more information click here. last_img read more

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The Wilmington Insider For August 22 2018

first_imgWILMINGTON, MA — Below is a round-up of what’s going on in Wilmington on Wednesday, August 22, 2018:Happening Today:Weather: A slight chance of showers and thunderstorms, mainly between 10am and 4pm. Partly sunny, with a high near 87. Northwest wind 5 to 8 mph. Chance of precipitation is 20%.State Rep Debate: The Democratic candidates — Erika Johnson, Mark Kratman, Mike McCoy, Judy O’Connell, and Dave Robertson — for the 19th Middlesex State Representative seat will debate at 7pm at WCTV Headquarters. The debate will air live on WCTV’s Government Channel (Comcast 22 and Verizon 38). The debate will also stream live on WCTV.org (click HERE) and through the WCTV App (available in Google Play Store and Apple App Store). The debate will be archived for on-demand viewing on WCTV’s website later this week, and will reair frequently on WCTV’s Government Channel. Katie Lannan of State House News will moderate the debate.In The Community: The Wilmington Police Department offers safety seat installs at the Wilmington Public Safety Building (1 Adelaide Street) every Wednesday, from 10am to 2pm. No appointment is necessary, but calling ahead at 978-658-5071 is recommended. Learn more HERE.In The Community: The Friends of the Wilmington Memorial Library’s Book Store Next Door (183 Middlesex Avenue) is open from 10am to 4pm. All books are $2 or less!  Every penny of every sale benefits the Wilmington Memorial Library. Learn more HERE.At The Library: Well Read Wednesday Book Group from 10am to 11am. Tech Help Drop-In from 2pm to 3pm. [Learn more and register HERE.]At The Senior Center: The Senior Center is holding its annual Fun Day from 10am to 3pm. Come try your luck at horse racing, roulette, blackjack and L-R-C (left, right center). Blue Ribbon Barbeque will provide lunch for this great event. The cost is $7.00 per person. Games will begin at 10am with the first horse race taking place at 11am. The tickets for the games will be $5 for 25 tickets. Auction will be held at 2pm and participants can “bid” on a wide variety of prizes at the auction. [Learn more HERE.](NOTE: What did I miss? Let me know by commenting below, commenting on the Facebook page, or emailing wilmingtonapple@gmail.com. I may be able to update this post.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedThe Wilmington Insider For October 25, 2018In “5 Things To Do Today”The Wilmington Insider For April 10, 2018In “5 Things To Do Today”STATE REP RACE: Republican Debate Set For August 21, Democratic Debate Set For August 22In “Government”last_img read more

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