Crunch time for BHP and Rio venture

first_imgSunday 17 October 2010 11:23 pm KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times whatsapp Share BHP BILLITON and Rio Tinto’s $116bn (£72bn) iron ore joint venture is hanging by a thread after the European Commission has told the companies it will object to the deal. The EU’s competition commissioner Joaquin Almunia is preparing to send a list of objections to Rio and BHP this week, which will ask the world’s second- and third-largest iron-ore producers for heavy concessions. “I cannot anticipate how this document will be finally written but it is obvious that we have concerns on this joint venture and they have to react to this statement of objections,” Almunia said at the weekend.The blow comes on top of the German regulator’s announcement last Thursday that it intended to object to the plans. Watchdogs in Australia, Japan and Korea are also due to rule on the venture. The plan to share iron ore operations in Australia would save the companies $10bn, but has been beset by complaints from the steel industry and shareholders since the idea was proposed in June 2009. It is likely to feature high on the agenda at BHP’s annual general meeting in London on Thursday. The proposal and its commitments are due to lapse at the end of 2010. It was yesterday reported that the companies are now looking for ways to break the deal without suffering $250m penalties. Rio Tinto and BHP were unavailable for comment yesterday. center_img More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼ Crunch time for BHP and Rio venture Tags: NULL whatsapplast_img read more


Oracle snaps up Art Tech in a $1bn deal

first_img Oracle snaps up Art Tech in a $1bn deal Analysts said the acquisition, due to close early next year, was a good move for Oracle as it boosted its competitive position against Salesforce.com, as well as International Business Machine (IBM).“It’s a nice, safe acquisition for Oracle,” said Avian Securities analyst Jeff Gaggin, adding that the deal will expand Oracle’s retail software portfolio, which includes Retek, a retail software company it acquired in 2005.Large technology companies like Oracle, IBM, and Hewlett-Packard have recently been stepping up acquisitions of niche technology companies to diversify their product portfolios, aiming to become one-stop shops for storage, security and a wide range of software.Dell, the world’s second-largest PC maker, yesterday announced it was buying a private cloud-computing company called Boomi. In September, Dell lost out to HP in a bidding war for data storage company 3PAR.Oracle’s latest move may also help the company expand sales to retailers trying to launch e-commerce services. More than 1,000 companies use ATG software to help with online customer transactions on mobile devices and in stores.ATG’s customers include Best Buy Co, AT&T and Vodafone Group. It competes with Amazon.com and GSI Commerce.Oracle’s vast sales force would also likely help boost ATG’s market reach. ATG, which is based in Cambridge Massachusetts, had sales of $50.3m in the third quarter, up 16 per cent from $43.4m a year earlier. The offer values ATG at around four times expected sales for 2011. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Tuesday 2 November 2010 8:40 pm whatsapp Show Comments ▼ Share KCS-content ORACLE plans to buy e-commerce software company Art Technology Group for $1bn in cash to compete with other large technology vendors like IBM which have been expanding their software lineups.Oracle’s $6-per-share bid, announced yesterday, represents a 46 per cent premium over ATG’s close of $4.10 on Nasdaq. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMike HistoryAt 66, This Is Bruce Willis’ Private CarMike HistoryDinnerZUTop 5 Foods That Help Lose Weight FastDinnerZUStyleVamp7 Celebs Who Were Kids in 2010 and are now Super AttractiveStyleVampBewadaMan Decides to File for Divorce After Taking a Closer Look at This Photo!BewadaAmoMediaMan Leaves Wife For Her Sister, Her Revenge Is BrilliantAmoMedia5log – Livinguard®This mask has been sold out in Germany 5 days after the government has tighten up5log – Livinguard®Health.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasgetCrawl Space RepairFoundation Repair Cost In Scottsdale May Surprise YouCrawl Space Repairwomengetfreebies.comGet free samples sent to your home. 100% free. Sign up Nowwomengetfreebies.com whatsapp Tags: NULLlast_img read more


Sovereign Trust Insurance Plc (SOVREN.ng) Q12018 Interim Report

first_imgSovereign Trust Insurance Plc (SOVREN.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2018 interim results for the first quarter.For more information about Sovereign Trust Insurance Plc (SOVREN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Sovereign Trust Insurance Plc (SOVREN.ng) company page on AfricanFinancials.Document: Sovereign Trust Insurance Plc (SOVREN.ng)  2018 interim results for the first quarter.Company ProfileSovereign Trust Insurance Plc is an insurance and risk management services company in Nigeria licensed to cover all cases of life and non-life insurance. Products cover the spectrum of travel, quote and buy, family wellbeing, vehicle, 3 rd party motor and marine insurance. Sovereign Trust Insurance Plc was established following the restructuring and recapitalisation of the then Grand Union Assurances Limited. Its head office is in Lagos, Nigeria. Sovereign Trust Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more


Mauritius Secondary Industries Ltd (MSIL.mu) 2019 Abridged Report

first_imgMauritius Secondary Industries Ltd (MSIL.mu) listed on the Stock Exchange of Mauritius under the Property sector has released it’s 2019 abridged results.For more information about Mauritius Secondary Industries Ltd (MSIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Mauritius Secondary Industries Ltd (MSIL.mu) company page on AfricanFinancials.Document: Mauritius Secondary Industries Ltd (MSIL.mu)  2019 abridged results.Company ProfileMauritius Secondary Industries Limited is based in Mauritius that specialises in the rethreading of tyres as well as the renting out of commercial space, offices and industrial buildings. Mauritius Secondary Industries Limited is listed on the Stock Exchange of Mauritius.last_img read more


Senator Portantino Applauds Governor Brown’s 2018-2019 Budget Proposal

first_img Subscribe Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. More Cool Stuff California Senator Anthony Portantino, who represents Pasadena, praised Gov. Jerry Brown’s 2018-2019 budget which increases funding for education, and boosts the state’s new rainy day fund.Brown on Wednesday unveiled his final budget as governor – a $190.3 billion spending plan that accelerates funding for his 2013 education law and uses new gas tax revenue to fund $4.6 billion in new transportation projects.A major feature of the governor’s budget is a $5 billion increase in the rainy day fund, which Brown campaigned for in a 2014 ballot initiative to steady the state’s boom and bust finances.“I applaud the Governor and his proposed budget for 2018-2019, which continues to prioritize California’s K-12 and Higher Education while ensuring future fiscal stability with the increase to the Rainy Day Fund,” Portantino said in a statement. “I am particularly happy the budget increases money for higher education and does not raise tuition. The budget also proposes an investment with $46 million allocated for first time community college tuition waivers and $3 billion for the Local Control Funding Formula.”Portantino said the 25th Senate District which he represents has some of the most important schools in the state, with “many terrific public school districts, the best community colleges in California and over a dozen 4 year colleges.”“With much work ahead, I will continue the collaborative process in ensuring our students at all of these schools and across California have success to high quality and affordable public education,” he said.Portantino is Chair of the state senate’s Budget and Fiscal Review Subcommittee No. 1 on Education. In the statement, he also stressed he’s looking forward to beginning the process of creating the proposed California Online College.The 25th Senate District covers nearly 930,000 people in Pasadena, Altadena, Atwater Village, Bradbury, Burbank, Claremont, Duarte, Glendale, Glendora, La Cañada Flintridge, La Crescenta, La Verne, Monrovia, Montrose, San Dimas, San Marino, Shadow Hills, Sierra Madre, South Pasadena, Sunland-Tujunga, and Upland.Brown emphasized Wednesday that his budget seriously considers the recession that he believes is looming, as well as the prospect that the Republican-dominated U.S. Congress could cut funding for social services after it voted for a tax cut last month. Business News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Herbeauty9 Of The Best Metabolism-Boosting Foods For Weight LossHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeauty10 Sea Salt Scrubs You Can Make YourselfHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty8 Simple Steps To Catch Your Crush’s Eye On InstagramHerbeautyHerbeauty EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDScenter_img Top of the News Community News Make a comment First Heatwave Expected Next Week Government Senator Portantino Applauds Governor Brown’s 2018-2019 Budget Proposal Published on Thursday, January 11, 2018 | 7:14 pm 3 recommendedShareShareTweetSharePin it Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more


11 State Attorneys General Challenge CFPB Leadership Structure

first_img Related Articles Eleven state attorney generals are joined a complaint challenging the structure of the Consumer Financial Protection Bureau, according to a brief filed with the United States Supreme Court obtained by Reverse Mortgage Daily. The brief argues that the  leadership structure of the CFPB is unconstitutional, stating that its structure encroaches on the states’ own abilities to enforce its own consumer protection laws.The coalition of states includes Texas, Arkansas, Indiana, Kansas, Louisiana, Nebraska, Ohio, Oklahoma, South Carolina, Utah, and West Virginia.“If Congress wishes to permit federal agencies to assist or preempt States in protecting consumers, it must do so in a manner consistent with Article II of the Constitution,” the brief reads in part. “The CFPB’s structure violates the Constitution whether its director was (at any given point) temporary or permanent. The CFPB thus had no authority to bring or to continue the enforcement action.”The CFPB was similarly challenged earlier this year by a California law firm that argues the Consumer Financial Protection Bureau is unconstitutionally structured. The U.S. Supreme Court agreed to hear the appeal of the law firm, Seila Law, who alleges that the structure of the agency grants too much power to its director.The Supreme Court is expected to hear the Seila Law LLC V. Consumer Protection Bureau suit some time in 2020, and CNBC reports that a decision in the case is likely by the end of June.Last year, in a split decision, a Washington appeals court reversed a previous ruling, declaring the structure of the Consumer Financial Protection Bureau to be constitutional after all. The Court of Appeals for the District of Columbia Circuit ruled in January 2018 that the CFPB’s structure is constitutional and that the director of the agency can only be fired by the president for “inefficiency, neglect of duty, or malfeasance in office.”The court’s ruling read, in part, “None of the theories advanced by PHH supports its claim that the CFPB is different in kind from the other independent agencies and, in particular, traditional independent financial regulators.” Share Save Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago CFPB Constitutionality 2019-11-13 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Previous: Junior Lienholders: Claim Your Surplus Funds Next: Fannie and Freddie Transfer Risk on $281.4B of UPB November 13, 2019 1,927 Views The Best Markets For Residential Property Investors 2 days ago 11 State Attorneys General Challenge CFPB Leadership Structure Demand Propels Home Prices Upward 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, News Tagged with: CFPB Constitutionality Home / Daily Dose / 11 State Attorneys General Challenge CFPB Leadership Structure Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Subscribelast_img read more


Donegal marathon seeks volunteers ahead of meeting tonight

first_img WhatsApp Facebook Homepage BannerNews Previous articleTiernan Mc Cann cleared to play in semi final after red card is overturnedNext articleThree dock workers injured in Lisahally crane fall admin Twitter Google+ Pinterest RELATED ARTICLESMORE FROM AUTHOR Donegal marathon seeks volunteers ahead of meeting tonight By admin – August 20, 2015 Twitter Main Evening News, Sport and Obituaries Tuesday May 25th center_img Google+ 365 additional cases of Covid-19 in Republic Pinterest WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry Facebook 75 positive cases of Covid confirmed in North The Chair of the Donegal Marathon committee is calling on people to consider volunteering during the event on Sunday.Dessie Larkin says after the success of last year’s inaugural event, the challenge is to make this year’s event even better, and that will depend on the strength and quality of the volunteers who come forward.A number have already registered, and a meeting for prospective volunteers takes place tonight in the Radisson Hoitel in Letterkenny.Dessie Larkin is hoping for a large turnout………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/08/dessivolunteers.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan firelast_img read more


[Maratha Reservations] SC Refuses To Interfere In PG Admissions, Maharashtra Govt. Undertakes That No Recruitments Will Be Conducted Till Sept-15

first_imgTop Stories[Maratha Reservations] SC Refuses To Interfere In PG Admissions, Maharashtra Govt. Undertakes That No Recruitments Will Be Conducted Till Sept-15 Sanya Talwar27 July 2020 9:35 PMShare This – xThe Supreme Court on Monday observed that it shall consider the issue of whether reservations viz. the Maratha Community as per the Socially & Educationally Backward Classes Act shall apply in Undergraduate medical Courses on September 1.”Admissions to undergraduate medical courses without applying reservation as per the impugned legislation will be considered at the next date of…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Monday observed that it shall consider the issue of whether reservations viz. the Maratha Community as per the Socially & Educationally Backward Classes Act shall apply in Undergraduate medical Courses on September 1.”Admissions to undergraduate medical courses without applying reservation as per the impugned legislation will be considered at the next date of hearing”A bench of Justices L. Nageswara Rao, Hemant Gupta & S. Ravindra Bhat adjourned the plea(s) challenging a 2019 Bombay High Court judgment which upheld the Socially and Educationally Backward Classes (SEBC) Act 2019 to extend reservations to the Maratha community, while taking note of the Maharastra Government’s submission that it shall not make regular appointments in Public posts till September 15, except in government departments relating to public health while relying on a Government Resolution dated May 4, 2020.Court also observed that it was “not inclined to interfere” with admissions in PG Medical colleges as they were at the final stage. In light of this, the Court adjourned the plea(s) to September 1. The key issue in the case pertains to whether the State has power to exceed 50 per cent reservation, already set by the Indira Sawhney Judgement as with the percentage of reservation for seats belonging to the Maratha Community standing at 12%, the seats in the State now stand at 70% reservation.Even though, the Top Court was to commence day-to-day hearings in the SLP(s) which have challenged the 2018 Bombay High Court judgment, the matters were adjourned with the State Government undertaking not to make any regular appointments in the interim.”As the State Government undertakes not to make any regular appointments in terms of the GR dated 04.05.2020 till 15.09.2020, the matters can be listed for hearing after four weeks by which time the situation caused due to the Pandemic may improve” The petitioners opposed the adjournment contending that the State Government must “at least” undertake to not follow reservations in UG medical admissions in terms of the impugned legislation.”Mr. Shyam Divan, learned senior counsel appearing for the medical students made a fervent plea that the matters should not be adjourned, especially taking into account the fact that medical students of the general category would lose an academic year as the last date for admissions to the Post Graduate Medical Courses is 31.07.2020″Senior Advocate Arvind Datar submitted that a statement was made by the State Government that 72,000 posts will be filled up. To this, Senior Advocate Mukul Rohatgi appearing for State of Maharashtra stated that the same shall not be done till September 15.On July 15, the Supreme Court had observed that there will be a day-to-day hearing from July 27 onwards in the pleas.Click Here To Download OrderSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more


Buckeye announces regulatory approvals and planned closing of pending acquisition

first_img Image: Buckeye secures regulatory approvals for pending deal. Photo: Courtesy of Tumisu from Pixabay. Buckeye Partners, L.P. (NYSE: BPL) today announced that all regulatory approvals required to complete the acquisition of Buckeye by entities affiliated with the IFM Global Infrastructure Fund previously announced on May 10, 2019 (the “proposed merger”) have been received. The merger agreement relating to the proposed merger and the transactions contemplated thereby were previously approved by the affirmative vote of the holders of a majority of Buckeye’s outstanding limited partner units on July 31, 2019.The completion of the proposed merger is currently expected to occur prior to market opening on Friday, November 1, 2019, subject to the provisions of the merger agreement, including the satisfaction or waiver of customary closing conditions. As previously announced, upon completion of the proposed merger, Buckeye’s outstanding limited partner unitholders will receive $41.50 per unit. In accordance with the terms of the merger agreement, if the completion of the proposed merger occurs on Friday, November 1, 2019 as currently expected, Buckeye’s general partner would not declare or pay a cash distribution for the quarter ended September 30, 2019. Source: Company Press Release Buckeye Partners is a publicly-traded master limited partnership which owns and operates a diversified global network of integrated assets providing midstream logistic solutionslast_img read more


USS Fort McHenry Sails to Baltimore, Maryland

first_img View post tag: Sails View post tag: Naval Authorities Back to overview,Home naval-today USS Fort McHenry Sails to Baltimore, Maryland View post tag: Maryland With USS Fort McHenry preparing for deployment and a homeport change to Mayport, Florida, 12 Sailors volunteered their last weekend in Norfolk, Virginia.The visit ended with Tattoo, a military ceremony at Fort McHenry reenacting the era when drums signaled “Taps,” the time when local taps were shut off in taverns and troops were required to return to their barracks for the rendering of honors at sunset.USS Fort McHenry is currently underway in preparation for an upcoming deployment as part of the USS Iwo Jima (LHD 7) Amphibious Ready Group.[mappress]Press Release, August 06, 2014; Image: US Navy View post tag: americas August 6, 2014 View post tag: Navy Share this article USS Fort McHenry Sails to Baltimore, Maryland View post tag: News by topic View post tag: Baltimore View post tag: USS Fort McHenry Sailors assigned to the amphibious dock landing ship USS Fort McHenry (LSD 43) spent three days in Baltimore, Maryland, giving back to the local community during a visit to the ship’s namesake, July 31-Aug. 2.last_img read more