Archive for June, 2009
Indian gold bourse targets homes
Mumbai: National Spot Exchange Ltd, India’s biggest bourse for trading physical gold, will offer contracts in small denominations, aimed at households in the world’s largest consumer of the precious metal. The exchange will offer contracts of between 8 grammes and 1 kilo, Anjani Sinha, managing director, said in an interview on Tuesday. The Multi Commodity Exchange of India Ltd and the… Continue Reading
Kaka given Real welcome
Kaka ushered in Real Madrid’s latest ‘galactico’ era as the Spanish club gave the Brazil player a rock star welcome with an unveiling in front of more than 50,000 fans. After president Florentino Perez introduced Kaka for the first time since his $92million acquisition from AC Milan, the 27-year-old playmaker shook his head in delight as fans chanted his name at the Santiago Bernabeu. “Today is a very special day for me. I’m very happy about this new step in my career at Real Madrid,” said Kaka, who will wear the No.8 shirt. “Viva Madrid!” Kaka – who passed his medical earlier on Tuesday – and Cristiano Ronaldo are Perez’s major summer signings as he bids to make up for a season… Continue Reading
KAKA UNVEILED BY MADRID
By Mike Perez, Press Association Sport, Madrid Kaka was officially presented as a Real Madrid player on Tuesday night in front of tens of thousands of fans and a huge media contingent at the club’s Bernabeu stadium. An estimated 50,000-strong crowd – almost three times the anticipated number – turned up to watch the ceremony as Kaka was unveiled as Madrid’s latest addition by club president Florentino Perez and honorary president Alfredo di Stefano. Kaka, who completed his medical earlier in the day having landed in the Spanish capital on Tuesday morning, has penned a six-year contract and has cost Madrid a reported £56million. The 27-year-old former AC Milan playmaker will wear… Continue Reading
ETO’O NOT IN BARCA PLANS – AGENT
By Ben Hayward, Press Association Sport, Barcelona Samuel Eto’o’s agent is suspicious of the motives behind Barcelona’s contract offer to his client and claims the Cameroon striker may yet join Manchester City this summer. Following intense speculation and conflicting reports in the press in recent weeks, Josep Maria Mesalles called a press conference earlier today to clarify his client’s situation. In it, he revealed Barca have told him twice in recent weeks that Eto’o has no future at the club. “We have had two meetings with the club and they have told us both times that Samuel is not in their plans for next season,” he said. Mesalles revealed his anger at claims made by Barca president… Continue Reading
South Korea in a new Asia initiative
South Korean President Lee Myung-bak, left, shakes hands with Japanese Prime Minister Taro Aso at their joint press conference at the prime minister’s official residence in Tokyo, Sunday, June 28, 2009. While North Korea has grabbed the world’s attention again in recent months, few people have noticed a new diplomatic initiative launched by South Korean President Lee Myung-bak earlier this year. If fully implemented as envisioned, the new policy, dubbed “New Asia Initiative”, will not only enhance South Korea’s international standing but promote peace and prosperity throughout Asia. Announced during a conference of Korean diplomatic mission chiefs in Asia held in Jakarta, Indonesia on March… Continue Reading
EPA, DEC investigating Momentive
Momentive loses $97M in 1Q For the record: We do not enjoy reporting bad news GE/Rolls JSF engine funded again by House Hexion adding to Gahanna operations Momentive cutting 25 jobs Federal and state environmental agents executed a search warrant today at the Waterford plant of Momentive Performance Materials Inc. The plant is the largest Momentive facility in the world, with close to 1,000 workers. Momentive, headquartered in Colonie, makes adhesives, resins and sealants for a number of sectors—including semiconductors, construction, automobiles and textiles. Agents from the state Department of Environmental Conservation joined with agents from the U.S. Environmental Protection Agency… Continue Reading
NY divesting $86M from companies doing business in Iran, Sudan
New deepwater completion record set Apache closes Repsol, Fletcher Challenge acquisitions ExxonMobil, Repsol sign tolling agreement BrightSource signs 1,300 MW solar deal Software firm brings schools into alignment The state pension system will no longer invest $86.2 million in nine companies that do business in Iran or Sudan, state Comptroller Thomas DiNapoli announced today. DiNapoli said he is also freezing the pension fund’s holdings in seven other companies. Both actions follow two years of researching the risks associated with investing in companies doing business in Iran and Sudan. “Iran is supporting terrorism. The genocide in Sudan challenges us as citizens of the… Continue Reading
On the menu: Union Grille opening in Saratoga
Meeting Planners group names new board On the menu: Restaurants reach out to customers through e-mail Chez Sophie closing, owners moving to France Meeting Professionals names 3 officers A lax economy won’t prevent father-and-son team Andy Brindisi and Louis Brindisi from opening a second restaurant in the Spa City. The pair, who own the upscale Brindisi’s Restaurant & Bar on Broadway in Saratoga Springs will open Union Grille in the Saratoga Hilton at 534 Broadway. The Brindisis’ newest endeavor will open in the same location that currently is operated by Chez Sophie, a high-end restaurant that offers haute French cuisine. Chez Sophie will close Sept. 30. Union Grille… Continue Reading
MuniMae sells low-income housing tax credit unit
Community Southern Bank makes public stock offering City council gives Austin Energy the go-ahead for major solar project JVM Realty buys Pepperwood Apartments for $23M Apartment complexes sell for $57.5M MMA pursues large solar projects in venture with Suntech Municipal Mortgage & Equity LLC said Tuesday it will sell substantially all of the low-income housing tax credit business operated by its MMA Equities Corp and MMA Financial TC Corp. subsidiaries as it looks to become a leaner company. JEN Partners LLC, a New York-based private equity real estate firm, will pay a total of $30.7 million, including $18.7 million in cash and $12 million in assumed liabilities. “This sale is… Continue Reading
Transformers still rule UK cinema
Transformers: Revenge of the Fallen has stayed at the top of the UK and Ireland box office, taking £4.3m in its second week of release. The… Continue Reading
Ukraine to name village after Jacko
30 Jun 2009, 2014 hrs IST, Ria Novosti Text: A lawmaker in eastern Ukraine… Continue Reading
NYC start-up to build furniture from trash
NEW YORK — One person’s trash is another person’s furniture. And we’re not just talking about the urban practice of curbside scavenging. Two New Yorkers hope… Continue Reading
LA schools chief fumes over ’Bruno’ school photos
LOS ANGELES — The chief of the nation’s second-largest school district is fuming over comedian Sacha Baron Cohen’s magazine photo shoot with high school football players. Los Angeles Superintendent Ramon Cortines isn’t amused by the GQ magazine photos shot at Birmingham High School that feature the “Borat” star in his new incarnation as gay Australian fashionista “Bruno.” + Return to full article Comments (5) mustang_man ? 0 0 I just love all the false outrage. How many movies has the school department helped get made at LA Schools? Posted 40 mins ago Reply Permalink Report Abuse heraldfan123 ? 0 0 Knowing how this ‘artist’ works he no doubt duped the teamcoaches into… Continue Reading
Amy adopts flea-ridden stray dogs
30 Jun 2009, 1811 hrs IST, ANI Text: Troubled singer Amy Winehouse has infuriated management of the… Continue Reading
AP Interview: Armstrong set for Tour support role
PARIS – Lance Armstrong says he’s capable of winning an eighth Tour de France but is ready, if necessary, to put his… Continue Reading
Venus Williams easily reaches Wimbledon semifinals in straight sets win
LONDON – Venus Williams has reached the Wimbledon semifinals by overpowering… Continue Reading
Nadal to miss Spain’s Davis Cup tie against Germany
MADRID (AP) — Top-ranked Rafael Nadal will miss Spain’s Davis Cup quarterfinal against Germany next month. Nadal, struggling with tendinitis in his knees that forced him to skip Wimbledon, was left off the… Continue Reading
Andy Murray’s Centre Court epic is a TV hit
Nearly 13 million people tuned in to watch Andy Murray’s epic five-set battle on Centre Court last night after the BBC ripped up their evening schedule to carry the whole of the match on BBC1. The figure was only half a million fewer than the 13.1 million who watched last year’s final between Rafael Nadal and Roger Federer. Last night’s match, between the British No 1 and the Swiss No 2, Stanislas Wawrinka, did not finish until 10.38pm, making it not only the first match played entirely under the new multi-million pound… Continue Reading
Three Michael Jackson Albums Break 100,000 Sales Mark
Michael Jackson will likely be the King of Pop Charts this week after three of the singer’s albums sold more than 100,000 copies following news of his sudden death, Billboard.biz reports. Final numbers aren’t due until tomorrow, but Thriller, Number Ones and The Essential Michael Jackson are expected to top six-figures… Continue Reading
News Ticker: Flaming Lips, Drake, Bon Jovi, Lil Wayne
MGMT and the Yeah Yeah Yeahs’ Karen O guest on the Flaming Lips’ upcoming double-LP Embryonic, according to an interview Wayne Coyne gave to a Swiss Website (unearthed by… Continue Reading
Heroin, prescription drug use up in the Twin Cities
Abuse of prescription narcotic drugs and heroin is soaring in the Twin Cities. According to a new report by the Minnesota Department of Human Services, emergency rooms and addiction treatment programs in the metro area reported spikes in the abuse of both types of drugs last year. In 2008, 1,187 patients — a record — sought treatment for abusing prescription narcotic painkillers, a three-fold increase since 2002. Between 2006 and 2007, Twin Cities emergency rooms reporting an increase of visits of more than 67 percent. During the same period, heroin-related emergency room visits increased by more than 65 percent. The report says a combination of exceptionally high purity and low price is… Continue Reading
Passenger jet down in Indian Ocean; child pulled from sea
SAN’A, Yemen – A passenger jet from Yemen with 153 people on board crashed in the Indian Ocean early Tuesday as it tried to land during heavy wind on the island nation of Comoros, and search teams rescued a child from the sea, officials said. There were 142 passengers and a crew of 11 Yemenis on board when the Airbus A310, which had set off from the Yemeni capital of San’a, went down shortly before landing in Moroni, on the main island of Grand Comore, Yemeni civil aviation deputy chief Mohammed Abdul Qader said. Most of the passengers were from Comoros, returning from Paris. Those on board included families with children and there were at least three babies on the flight, he added. France… Continue Reading
Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp contraction
ANKARA, Turkey (AP) — Turkey’s economy shrank by a painful 13.8 percent in the first quarter compared to the same quarter a year ago as foreign trade contracted sharply amid the global recession, the Turkish Statistics Institute announced on Tuesday. The government did not provide an explanation… Continue Reading
New Mumbai bridge to open after a decade of delay as India struggles to improve infrastructure
MUMBAI, (AP) — One of India’s most ambitious infrastructure projects — a $335 million bridge that cuts across a bay to link central Mumbai with its fast-growing western suburbs — is scheduled to open to the public Wednesday. More than a decade in the making, the 5.6 kilometer (3.5 mile) Bandra-Worli sea link is expected to cut driving time between the two neighborhoods it connects from 40 minutes to just six. The bridge’s pylons are 126 meters (413 feet) high, equivalent to 43-story buildings. It has 37,680 km (23,413 miles) of wires, nearly the circumference of the earth. It weighs 670,000 tons, about as much as 50,000 African elephants. It is an exceptional achievement… Continue Reading
Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp contraction
ANKARA, Turkey (AP) — Turkey’s economy shrank by a painful 13.8 percent in the first quarter compared to the same quarter a year ago as foreign trade contracted sharply amid the global recession, the Turkish Statistics Institute announced on Tuesday. The government did not provide an explanation… Continue Reading
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