Category: iwktmotm

Spain’s Iberdrola makes $4.3 billion cash bid for PNM Resources in New Mexico

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:Spain’s Iberdrola announced a deal worth $8.3 billion including debt on Wednesday, adding PNM Resources to its Avangrid business to create the third-largest U.S. renewable energy operator. Absorbing PNM into Avangrid will create an operator present in 24 states, Iberdrola said, and bring together firms with a combined market value topping $20 billion.PNM’s board unanimously approved the $4.3 billion offer to its shareholders of $50.3 per share, the filing said. Iberdrola expects the deal to close in 2021 and start boosting financial results from the first year.Active in New Mexico and Texas, PNM gives Avangrid a route to expand its regulated business beyond the U.S. northeast. PNM could also benefit from Avangrid’s renewables experience as it works to cut emissions. A plan has now been approved to close its coal-fired San Juan plant in 2022, Iberdrola said.Iberdrola said the merged company would have assets worth $40 billion, generate core earnings of around $2.5 billion and net profit of $850 million.This is Iberdrola’s eighth deal this year as part of a 10 billion euro ($11.85 billion) investment drive of which it has already spent more than 6.6 billion euros. It has shopped for assets in France, Australia and Japan.CEO Ignacio Galan said his strategy consisted of: “Friendly transactions, focused on regulated businesses and renewable energy, in countries with good credit ratings and legal and regulatory stability, offering opportunities for future growth”.[Isla Binnie]More: Iberdrola, PNM to create $20 billion U.S. clean powerhouse Spain’s Iberdrola makes $4.3 billion cash bid for PNM Resources in New Mexicolast_img read more

Chile Has Already Received 1,135 Tons of Humanitarian Aid Following Earthquake

first_imgBy Dialogo March 09, 2010 This is when we have to “activate” our human and compassionate side! It’s of extreme urgency to help a country that is in a post-earthquake situation more critical than its historical stock. We must interact contributing with waht our “pocket” allows. By: Samantha P. Tourinho Fernández spoke after meeting in the Palacio de la Moneda with German foreign minister Guido Westerwelle, who arrived in Santiago today on an official visit. Following the 27 February earthquake, Westerwelle decided at the last minute to include Chile in his Latin American trip, which also includes Argentina, Brazil, and Uruguay. The international aid to mitigate the damage caused by the earthquake has come from Peru, Brazil, the United States, Argentina, Bolivia, Cuba, Venezuela, Ecuador, Spain, Mexico, France, Russia, Colombia, China, Japan, Qatar, Australia, Germany, and Uruguay. In the meeting between the two ministers in the Palacio de la Moneda, Foreign Minister Fernández stressed the importance that German investment and development cooperation have for Chile at this time. In the first hours after the tragedy, the authorities said that before requesting international aid, they wanted to know exactly what they needed, so that assistance to the victims would be more efficient, something that was criticized by some political and media sectors. “He is the first major European politician to come to Chile in this time of disaster, so that we are doubly grateful,” Mariano Fernández underlined. The chief German diplomat explained that the purpose of his visit was to express the solidarity of the German authorities and the German people with the government and people of Chile, and additionally to offer aid in overcoming the crisis and collaboration in rebuilding. Chile has received 1,135 tons of humanitarian aid since the earthquake that struck on 27 February devastated the central and southern regions of the country, Chilean foreign minister Mariano Fernández announced today. “We are very moved by and very grateful for the international cooperation,” the minister declared, emphasizing that “the aid has fully corresponded to the priorities established by the government and the list of requests that we made.” “Germany will be at Chile’s side,” emphasized Foreign Minister Westerwelle, who is also federal Vice-Chancellor (the second-ranking position in the government) and head of the German Free Democratic Party. “It’s necessary to highlight the impressive Latin American collaboration, the commitment even from countries that are less developed than Chile, like Bolivia, which has provided us with three airplanes with potable water,” Fernández underlined. Fernández also highlighted the commercial exchange between the two countries, worth four billion dollars, and the ties established in the last twenty years thanks to the presence in Chile of all the German political foundations. The foreign minister recalled that since the emigration of 1850, Chile and Germany have given refuge to one another’s exiles at different periods in history. The foreign minister specified that the aid received has arrived on seventy flights originating in a score of countries, fundamentally in Latin America and the United States. The rebuilding of the regions affected by the earthquake will be the principal subject that the German foreign minister will address in his planned meeting today with Chilean President-Elect Sebastián Piñera.last_img read more

The market in minutes

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Douglas threatens Hawaii as Hanna downgraded to tropical storm

first_imgIn Honolulu, Mayor Kirk Caldwell opened evacuation centers with space for 1,600 people — but warned they should be used as a “last option,” and that those needing shelter would need to have a mask or face covering, have their temperature taken and comply with social distancing requirements, local media reported.”If you are sheltering away from home today, please remember that #COVID19 is not taking a break for the storm. Please continue to wear a mask and physically distance as much as is practical,” Caldwell tweeted Sunday evening.Roads flooded in Texas The storm once known as Hurricane Hanna, meanwhile, was downgraded to a tropical depression Sunday.The storm was still packing winds of around 35 miles (55 kilometers) an hour as of 4:00 pm (2100 GMT), after crossing from the Lone Star state over northeastern Mexico, the National Hurricane Center said, adding it should dissipate by Monday.There were no immediate reports of casualties or widespread damage, and both Mexico and Texas had lifted all coastal storm warnings by afternoon. Hawaii braced for Hurricane Douglas on Sunday, as the storm approached the Pacific archipelago, after the year’s first Atlantic hurricane lashed Texas.The Category One hurricane was about 125 miles (200 kilometers) east of the capital Honolulu at 12:00 pm (2200 GMT), packing winds of up t0 85 miles (140 kilometers) per hour, according to the National Hurricane Center (NHC).It is rare for hurricanes to make landfall in Hawaii. Should Douglas do so, it will be only the third storm in modern history, the last two being Hurricane Dot in 1959 and Hurricane Iniki in 1992. Earlier Sunday, Hurricane Hanna was downgraded to a tropical storm after lashing coronavirus-hit Texas.A hurricane warning was in effect for Maui and Kauai counties, as well as Oahu — the island on which Honolulu, a city of just under 350,000 — is located.”Gradual weakening is forecast during the next 48 hours, but Douglas is expected to remain a hurricane as it moves through the islands,” the National Hurricane Center said.The NHC said the storm was expected to bring life-threatening and potentially destructive surf and rainfall of up to 15 inches on higher terrain.center_img Damage appeared limited in the immediate aftermath of Hanna’s arrival on Padre Island, a 110-mile-long barrier island off the Texas coast, around 5:00 pm (2200 GMT) Saturday. Images captured by CBS showed roads and a caravan park in the Texas coastal city of Corpus Christi strewn with debris and downed trees.Some motorists even braved flooded roads, while one hardy storm-watcher was seen calmly taking pictures of the beach from a wind-swept promenade.Local authorities were readying for the possibility of tornadoes into the evening in southern Texas, as the American Red Cross opened three shelters across the state in preparation.Images shared by the National Weather Service office in Corpus Christi showed water lapping at the city’s bayfront Art Museum of South Texas. The Texas State Aquarium said it would be closed following some storm damage. Hanna hit as Texas faces a huge surge in COVID-19 infections, with officials instituting a state-wide mask mandate to curb the spread of the disease.The US is the hardest-hit country in the coronavirus pandemic, with some 4.2 million cases, and authorities will have to figure out how to safely shelter residents forced out of their homes by future hurricanes this season. Topics :last_img read more

Wellesley hits dust with North Sea well

first_imgOil and gas company Wellesley Petroleum has completed the drilling of wildcat well 35/4-2 in the North Sea offshore Norway. The well is dry. The well is located in production license 931 where Wellesley is the operator. The company received safety consent to drill the well using the Transocean Arctic semi-submersible rig in late November 2018 and a drilling permit for the well in December 2018.The Norwegian Petroleum Directorate (NPD) said on Friday that the well was drilled about 33 kilometers south of the 35/2-1 (Peon) gas discovery and 77 kilometers west of Florø, in the northern part of the North Sea.The objective of the well was to prove gas in reservoir rocks from the Pliocene Age (intra Naust Formation sandstone).The well 35/4-2 did not encounter sandstone, but did encounter a sequence dominated by claystone and siltstone in the Naust Formation. There were traces of gas in the top of the reservoir. The well is classified as dry. Data acquisition and sampling have been carried out.This is the first exploration well in production license 931, which was awarded in APA 2017.The well was drilled to a vertical depth of 770 meters below the sea surface and was terminated in the Naust Formation. Water depth at the site is 392 meters. The well has been permanently plugged and abandoned.According to the NPD, the Transocean Arctic drilling rig will now proceed to production license 871 in the central part of the North Sea to drill wildcat well 25/1-13, where Wellesley Petroleum is the operator.last_img read more

Indiana Seeks Full Court Review Of Same-Sex Debate

first_imgIndiana Attorney General Greg Zoeller is asking for a full court hearing in the same-sex marriage debate.Indiana’s attorney general is asking for a full court review to decide the fate of the state’s gay marriage ban.The court has already scheduled briefing with a three-judge panel. Attorney General Greg Zoeller said moving the process to the full court of 10-judge 7th Circuit Court of Appeals would be an additional way to move quickly to resolve the uncertainty with the law.State agencies were instructed last week by the governor’s office to not recognize same-sex marriages that were conducted following the federal court order until an official determination is made.Additionally on Friday, Wisconsin filed a notice of appeal with the 7th Circuit, raising similar issues involving portions of Wisconsin’s marriage law, and noting the court’s recent decision to expedite briefing in the Indiana caselast_img read more

Everything but the Song: Genres change and evolve but R&B is far from dead

first_img10. “Little Bit” by Erika de Casier  “Music don’t feel the same because we barely have R&B, … R&B brung that balance to music … now everything is leanin one way smh so it gets played out quick! We need R&B for the balance no kap!” These words from rapper Young M.A’s Twitter account pinched a nerve. To give her credit, the last portion of her statement is a sentiment I relate to. R&B does bring a precise balance to more dynamic and intense-sounding genres that populate the charts — think pop, EDM and some rap, specifically trap-leaning songs.  7. “Sobriety” by Kaash Paige 1. “Paradise” by Daniel Merriweather  To Young M.A, my SZA whisper haters and more, there are a plethora of R&B artists to discover. To help your search, here is a mini-playlist of R&B tracks to rekindle your love for the genre and restore balance to your music library:  With millions of songs — new and old — available on streaming services and thousands of artists to discover, there is absolutely no reason why anyone should claim the genre of R&B is dead.  These two Dreamville-adjacent artists are just the surface of what R&B in 2020 has to offer. Beneath them (in popularity, not talent) are a host of other artists who critique the genre for having too many “whisper singers,” lacking singers who were raised in the church or sampling the classics too often, among a host of other critiques.  2. “Thing Called Love” by Kevin Ross Despite the truth in her tweet, R&B is very much present in today’s musical landscape. There are a host of artists like Jade Novah, Joyce Wrice, Kyle Dion, Tony Sway, BJ The Chicago Kid, Charity, Snoh Aalegra and more, whose music is reminiscent of the genre’s soulful roots. When people claim the style is dead or has lost its way, artists such as Baby Rose immediately come to mind; her voice sounds like it was plucked from the Motown archives. Or even Ari Lennox’s album-opener “Chicago Boy,” which would fit perfectly into any late-night radio format alongside the classics of Sade or Erykah Badu.  5. “In Love with You” by Al Bettis  4. “Damn” by Anthony Flammia  Lastly, we must be more ambitious about finding music that suits our needs. There’s no question that discovering music can be a daunting task. Where do you start? How do you move past Spotify’s or Tidal’s suggestions and personalized mixes? But just because it’s hard to find R&B you like doesn’t mean it’s not out there. center_img To the second point, please let ’90s R&B go. Yes, we love New Edition and covet singers with voices like Deborah Cox, but the era is not coming back. All genres go through tectonic shifts and will continue to evolve and change. Just because today’s artists aren’t fitting for the Love Jones soundtrack doesn’t mean the genre has been utterly disgraced. If ’90s R&B is what you crave, it’s readily available on all streaming platforms and you can head to YouTube to hear whatever Aaliyah is missing. Ellice Ellis is a senior writing about the music industry and social justice. She is also an Arts & Entertainment Editor for the Daily Trojan. Her column “Everything but the Song” runs every other Wednesday. I suggest combing through SoundCloud or following accounts like @RnBUntapped on Instagram. Soulection or @JoeKay’s Twitter replies are other great resources for discovering new talent in the genre, as well as COLORS.  3. “We Don’t Funk” by KIRBY  8. “Not 4 Nothin” by Alia Kadir  The answer: The beloved genre is deeply unreported on in tandem with our affinity for nostalgia and lazy music discovery efforts. To the first point, take a minute to conjure up two or three music outlets or music journalism products such as video series, web shows and Instagram accounts that focus on the genre. You probably can’t. Shout out to COLORS for consistently putting on new talent and a host of other smaller creators who are dedicated to the genre. But when it comes to the Complexes, Geniuses and Jon Caramanicas of the world, the focus of their R&B effort is tethered to major label talent and viral hits.  9. “Pan!c” by Audrey Mika 6. “Hands Off Me” by Chiiild 11. “Bittersweet” by Lianne La Havas That’s not to say there aren’t issues with R&B today. I was not too fond of Justin Bieber’s faux R&B album “Changes.” There are fifty-’leven British artists who sound very similar to Ella Mai and Mahalia. And last, but certainly not least, C*ris B*own makes the same song over and over again. But in any genre there exists bad, corny or played- out elements, so why does R&B face so much scrutiny? last_img read more

USC drops second straight five-set match to CSUN

first_imgThe USC men’s volleyball team did not only have to prove they were the best team on the court last night — they had to prove they were the best team in the country.In a back and forth thriller with the intensity of national championship game, the No. 2 Trojans fell just short of No. 1 Cal State Northridge in five sets, their second consecutive loss on the road to a top-10 opponent.Not enough · Junior opposite hitter Murphy Troy had 19 kills. – Katelynn Whitaker | Daily Trojan “The atmosphere was pretty crazy,” USC coach Bill Ferguson said.  “It was real loud, a little bit hostile — we got booed a lot.  But we were our own worst enemy.”Before stumbling at No. 10 Pepperdine last week, the Trojans (6-3, 4-2) were ranked first in the country and were off to their best overall and league start since 2000. Now USC will have to regroup before Friday’s visit to UC Santa Barbara and next week’s rematch with Pepperdine.From the first set, the Trojans and Matadors (9-1, 6-1) looked as evenly matched as their rankings predicted. Both teams earned 15 kills apiece and tallied a nearly identical hitting percentage.But after seven lead changes, an untimely service error from Trojan junior opposite hitter Murphy Troy gave CSUN possession and a 26-25 lead. Two kills and a block from CSUN’s Mike Gaudino pushed the lead to 29-26, and a final service error from junior outside hitter Tri Bourne closed out a losing set for the Trojans.CSUN followed momentum into the second set, sprinting out to a 13-8 lead with the help of four Trojan service errors. Junior middle blocker Austin Zahn’s five kills helped rally the Trojans to an even match at 18, but the Matadors never relinquished the lead, riding sophomore Matt Stork’s 18 assists to claim the set 30-28.Down two sets, the Trojans answered emphatically, burying the Matadors 30-9 in the third set. Troy — who finished the night with a team high 19 kills and 13 digs — combined with Bourne, senior middle blocker Hunter Current and freshman outside hitter Riley McKibbin for 12 kills and 11 assists, and never let CSUN within six points.USC clawed to a 30-26 lead in the fourth to force a tiebreaker, but the Trojans impassioned comeback lost steam in the fifth and final set. With a decisive run, the Matadors raced to a 14-10 lead and won the set, match and nation’s top ranking on an ace from junior Tanner Nua.“They made a couple of great plays, and at that point I knew we were in a little bit of trouble,” Ferguson said.last_img read more

Women of Troy easily beat Sun Devils and Wildcats

first_imgUSC’s women’s tennis team picked up two crucial wins this weekend to move into sole possession of fourth place in the Pac-12 conference heading into the end of the regular season.Finisher · Junior Zoë Scandalis clinched both of USC’s matches this weekend, with 7-5, 6-4 victories against Arizona State and Arizona. – Jazmine Rolle | Daily TrojanThe No. 13 Women of Troy (16-6, 7-2) recorded wins over No. 19 Arizona State and No. 25 Arizona over the weekend at Marks Stadium in a victorious final homestand.USC came into the weekend trying to get back on track after suffering back-to-back losses at the hands of California and Stanford. Head coach Richard Gallien was impressed with his team’s ability to bounce back from the losses with two wins this weekend.“If we were at all limping after the Cal or Stanford weekend, this last weekend would have been really tough,” Gallien said. “Just from a mental toughness standpoint, I really give our team an A-plus because they were just very resilient.”The Women of Troy started off the weekend strong against the Sun Devils (18-6, 4-4) on Friday with a 4-2 victory.Since junior Sabrina Santamaria suffered a season-ending ACL injury in March, Gallien has used a slew of different lineups, which has made it difficult for the team to get into a groove.“It really did take us a while to get our sea legs back and almost find out our new identity,” Gallien said. “Had this happened in January, in some ways it might have made it a little easier for us.”USC’s doubles teams found their footing on Friday. Junior Gabi DeSimone and freshman Zoë Katz raced to an 8-2 victory on court three to get the Women of Troy on the right track. Next, senior Brynn Boren and junior Giuliana Olmos, playing on court two, clinched the doubles point with an identical 8-2 score to put USC ahead 1-0.Olmos, ranked No. 76 in the nation by the Intercollegiate Tennis Association, continued her success in singles, increasing USC’s lead to 2-0 with a dominating 6-3, 6-1 win over her opponent on court five. ASU would close the gap, though, when No. 49 Desirae Krawczyk topped Boren on court two.DeSimone put the Women of Troy up 3-1 with a 6-2, 6-3 victory over her opponent, but the Sun Devils kept it close when Kassidy Jump defeated senior Kaitlyn Christian.With the score sitting at 3-2 in USC’s favor, No. 26 junior Zoë Scandalis clinched the match for the Women of Troy with a hard-fought 7-5, 6-4 win over 68th-ranked Stephanie Vlad on the top singles court.USC closed out its regular season home slate with a sweep of Arizona (16-5, 5-4) on Saturday.The Women of Troy came out of the gates strong, clinching the doubles point to go ahead 1-0. This time, Scandalis and Christian took home an 8-2 win on court one before Boren and Olmos topped their opponents, 8-4.Once again, DeSimone, Olmos and Scandalis carried their team to a victory in singles.DeSimone crushed her opponent by a 6-1, 6-1 score to put USC ahead 2-0. Next, Olmos dialed up a convincing 6-0, 6-2 victory on court five. For the second day in a row, Scandalis clinched the victory for the Women of Troy with a 7-5, 6-4 victory.Gallien praised his team’s ability to fight through injury and beat two top-25 teams over the weekend.“Right now we only have six people that are healthy,” Gallien said. “That doesn’t leave much margin for error. And of those six, believe me, half of them are playing hurt.”USC must now prepare to take on UCLA to end the regular season. The Bruins have come out on top in the teams’ two previous matchups this season, but Gallien insists his team will play to win.“You have to go there expecting to win,” Gallien said. “I think you have to have the mindset, even today, of visualizing things happening and playing well and not shrinking from it and not feeling sorry for ourselves.”USC takes on UCLA Friday at 12:30 p.m. in Westwood, Calif.last_img read more

Commercials crowned County Senior Football Champions

first_imgClonmel Commercials have been crowned County Senior football champions for the 17th time.Killenaule took command of the game early in the first half, chipping over four unanswered points.However, it wan’t long before Clonmel got into their stride, and held Killenaule scoreless for the rest of the half, running in 7 points to 4 up at half time. Photo © Tipp FM Killenaule again started the second half better, but a Richie Gunne Goal 23 minutes into the second half for Commercials proved to be the decisive score, pushing them four points ahead.They powered through, and a goal for Jamie Peters in the last minute of normal time put some real daylight between the sides.The game finished up: 2-09 to 8 points.last_img