4 Sep

Cairn Energy secures two rigs for its drilling campaign off Greenland coast

first_img OIL and gas firm Cairn Energy said it has secured two rigs for its controversial Greenland drilling campaign yesterday, boosting Arctic exploration hopes and sending its shares higher.Cairn is optimistic it will find substantial oil reserves in largely unexplored Greenland, saying it contracted the rigs to drill up to four wells in the Arctic region in 2011.The deepwater rigs will be operated by their owner, Norwegian-based Ocean Rigs.“We would view this update as positive given concerns that Cairn would struggle to secure rigs for this year’s campaign,” said Oriel analyst Richard Rose.Cairn said it would give further details on its drilling plans in due course, which the analyst said could start as soon as April if the company opts to drill in Southern Greenland, as it secured a $900m (£578m) debt facility to help secure the rigs.Standard Chartered, Bank of Scotland, Crédit Agricole, HSBC and Société Générale are providing the debt facility, which will also be used to fund general corporate purposes.Chief executive Bill Gammell said: “By contracting two vessels for the Greenland exploration programme Cairn has increased operational capability and flexibility and continues to demonstrate its focus on safety.”Shares in Cairn yesterday closed 11.60p higher, or 2.76 per cent, at 431.6p. Tuesday 4 January 2011 7:26 pm Tags: NULL Show Comments ▼ whatsapp Cairn Energy secures two rigs for its drilling campaign off Greenland coast KCS-content whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.com Sharelast_img read more

4 Sep

Assets increase for eco-fund manager Impax

first_img whatsapp Show Comments ▼ whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content Monday 10 January 2011 7:17 pm Assets increase for eco-fund manager Impax ENVIRONMENTAL investment fund Impax Asset Management has seen its assets under management (AUM) grow by 44 per cent to £1.8bn.The company said it believed the environmental sector would benefit from the continued economic recovery and from governments’ focus on investing in green technologies.Full-year accounts for the company in the year to 30 September 2010 saw AUM shoot to £1.8bn, with a further AUM increase to £2.2bn by the end of December.Impax chief executive Ian Simm said: “Our conclusion is that it’s been a very strong year and we’re delighted our eco business model has delivered strong growth.“With the improving economic outlook and return of interest in equities we are cautiously optimistic for 2011. The fundamentals of our sector are such that if industrial capital expenditure is improving, and if energy prices are rising, then our sector typically does well.”Shares in the fund carry a “buy” recommendation from analysts at Espirito Santo. Impax shares rose on the London Stock Exchange yesterday. They closed up 5.1 per cent higher at 71p per share. Share Tags: NULLlast_img read more

4 Sep

Tough year sees Shore profit drop

first_imgTuesday 22 March 2011 9:04 pm whatsapp AIM-listed investment bank Shore Capital saw a pre-tax profits drop by a third to £8.37m in 2010 but said that it was a “strong performance” given “tougher conditions” in the middle of the year.Its market-making business bucked the trend, however, improving revenues by 5.8 per cent.Chief executive Howard Shore told City A.M. that growing the bank’s market-making range is a priority: “We’re a wholesaler. If you’re a pure wholesaler you have to be a specialist and have the right links to enable you to maximise your links to the retail community.”The bank also splashed out €2.885m (£2.5m) on a controlling stake in Spectrum Investments, a vehicle for buying a majority share of DBD, a German telecoms business.Its venture capital trust business saw mixed results, with two trusts seeing negative returns, offset by double digit returns in three other trusts.The results also show that Shore paid £2.1m in taxes last year. Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterMisterStoryWoman files for divorce after seeing this photoMisterStoryThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressForbes14 Richest Black Billionaires RankedForbesSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads Tough year sees Shore profit drop center_img Show Comments ▼ KCS-content 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp Tags: NULLlast_img read more

24 Aug

Landmark Raiders deal for Caesars

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Caesars Entertainment has bolstered its rapidly-expanding US sports partnership portfolio by being unveiled as the first founding partner of the Las Vegas Stadium, the future home of the Las Vegas Raiders NFL American football franchise, in a mammoth 15-year deal.The 65,000-seat stadium is expected to bring 520,000 people to home games each year when it opens for the 2020 NFL season. The Raiders franchise will relocate to Nevada from its long-term home of Oakland in California.Caesars said that it would use the partnership to offer special customer experiences, including access to a Caesars-branded owners’ suite at the stadium’s 50-yard line. Other experiences include VIP dinners on the field, training facility events, fantasy camp participation, stadium tours and tickets to home games and other events at the stadium.There will also be a branded stadium entrance and drop-off one, as well as branding placements on digital, media and print platforms.In recent days, Caesars has announced partnerships with the NFL’s Baltimore Ravens, the Philadelphia 76ers NBA basketball franchise and the New Jersey Devils NHL ice hockey team.However, the partnership with the Las Vegas Stadium is arguably the most significant to date.The NFL, despite relaxing its rules that previously barred teams from entering into partnerships with gambling companies, currently do not allow partnerships with sportsbooks.“Sports have long been a core part of the Caesars’ experience,” said Chris Holdren, Caesars’ chief marketing officer.“With this deep partnership, Caesars will become an essential part of the game time ritual for Raiders fans everywhere.”The Raiders did not immediately respond to a request by iGamingBusiness.com to clarify whether the future possibility of offering sports betting at the venue had been included in the contract with Caesars.Although the original stadium lease included language that prohibited “gaming and gambling, the maintaining or operating of a gambling establishment and/or sports wagering or any wagering on racing or other non-sports events”, it did not mention mobile betting.Last month, MGM’s online gaming chief Scott Butera said that US sports venues should consider introducing in-venue betting services for fans in order to capitalise on the expanding, regulated market.Image credit: Caesars Entertainment / Raiders Regions: US Nevada Subscribe to the iGaming newsletter Email Address 1st November 2018 | By contenteditorcenter_img Casino & games Topics: Casino & games Marketing & affiliates Landmark Raiders deal for Caesars Casino operator is the first founding partner of new Vegas stadium in 15-year deallast_img read more

12 Jul

British American Tobacco Kenya Limited (BAT.ke) 2011 Abridged Report

first_imgBritish American Tobacco Kenya Limited (BAT.ke) listed on the Nairobi Securities Exchange under the Agricultural sector has released it’s 2011 abridged results.For more information about British American Tobacco Kenya Limited (BAT.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the British American Tobacco Kenya Limited (BAT.ke) company page on AfricanFinancials.Document: British American Tobacco Kenya Limited (BAT.ke)  2011 abridged results.Company ProfileBritish American Tobacco (BAT) Kenya Limited grows, manufactures and sells tobacco products in Kenya. Cigarettes and other tobacco products in its product range include Dunhill, Rothmans, Embassy, Sportsman, SM, Safari and Rooster. The local cigarette brand produced for the Kenyan market is Embassy. The company also exports tobacco products to 13 countries in the African sub-region. The Kenyan enterprise is a subsidiary of the world’s most prestigious international tobacco business, parent company British American Tobacco Group. BAT Kenya was founded in 1907 and formerly known as BAT Kenya Limited. It changed its name to British American Tobacco Kenya Limited in 1998. British American Tobacco Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

12 Jul

ART Holdings Limited HY2017 Interim Report

first_imgART Holdings Limited (ARTD.zw) listed on the Zimbabwe Stock Exchange under the Paper & Packaging sector has released it’s 2017 interim results for the half year.For more information about ART Holdings Limited (ARTD.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the ART Holdings Limited (ARTD.zw) company page on AfricanFinancials.Document: ART Holdings Limited (ARTD.zw)  2017 interim results for the half year.Company ProfileAmalgamated Regional Trading Holdings Limited (ART) manufactures and distributes products in three key categories paper products, stationary and batteries. Its product portfolio is diverse; ranging from tissue paper, sanitary ware and disposable napkins to writing pens and automotive, solar and standby batteries. Its products fall under the brand names Exide, Eversharp, Softex and Chloride. The company also has substantial interests in timber plantations and offers forestry resources management services. ART has a southern African footprint, with a strong presence in Zimbabwe, Zambia, Malawi and South Africa. Formerly known as Beachmont Trading Limited, its name changed to Amalgamated Regional Trading Holdings Limited in 2001. The company is a subsidiary of Taesung Chemical Company Limited and its headquarters are in Harare, Zimbabwe. Amalgamated Regional Trading Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

12 Jul

Swan General Ltd (SWAN.mu) Q32018 Interim Report

first_imgSwan General Ltd (SWAN.mu) listed on the Stock Exchange of Mauritius under the Insurance sector has released it’s 2018 interim results for the third quarter.For more information about Swan General Ltd (SWAN.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Swan General Ltd (SWAN.mu) company page on AfricanFinancials.Document: Swan General Ltd (SWAN.mu)  2018 interim results for the third quarter.Company ProfileSwan General Limited offers insurance services, including personal and corporate insurance. The company provides services that include life, car, home, health, travel, boat, property and liability, financial lines, motor fleet, marine, and keyman and partnership insurance products, as well as reinsurance services. Swan General Limited also provides loans; education, retirement, and investment plans; wealth management and securities trading services; and pension and actuarial services, pension administration, and investment advisory services. Life, casualty, and property are the segments through which the company conducts its business and is based in Mauritius. Swan General Limited is listed on the Stock Exchange of Mauritiuslast_img read more

23 Jun

Part 1: Top 14 comings and goings – Bayonne to La Rochelle

first_imgThe Top 14 is the most moneyed domestic league in the world, so where are the players heading, here’s the essential transfer news Former Ireland and Leinster Bernard Jackman has been promoted to Director of Rugby and among the new arrivals this season are scrum-half David Mélé, Canberra Raiders wing Sisa Waqa and second row Aly Muldowney, who makes the move from Connacht. There are only a handful of departures with Irish scrum-half James Hart joining Racing 92 and centre Jackson Willison signing for Worcester.La RochelleA season that began ominously with a 44-6 thrashing at home to Clermont improved and La Rochelle finished ninth, although they failed to win once on the road. The arrival of All Black flanker Victor Vito and fly-half Brock James will strengthen the squad for the new campaign, with the latter’s vast experience gained during a decade at Clermont sure to prove invaluable.World Cup winner: Victor Vito brings with him 33-caps of All Blacks experience As the Top 14 clubs start returning this week from their summer holidays to begin preparing for the new season next month, Gavin Mortimer runs an eye over the comings and goings. Veteran Welsh prop Ben Broster makes the short journey to Bayonne from Biarritz and he’ll be joined the front-row by Italian and former Wasps prop Lorenzo Cittadini. Sixteen of last season’s squad depart including Blair Stewart, the Kiwi fly-half who has retired after eight years playing in France.Bordeaux-Bègles In finishing seventh in the Top 14 – the same position as 2014-15 – Bordeaux have qualified for the Champions Cup again but without playing in the same expansive style as the previous season. Manager Raphael Ibanez came in for criticism in some sections of the French press after Bordeaux suffered a slump in form in the spring. At his end of season press conference, Ibanez dismissed talk that the club was “in crisis”, saying: “Yes, our style was less flamboyant [than last season] but the Top 14 is a championship of rucks, not passes.”Star turn: Ireland’s Ian Madigan is one of the big names to go to Bordeaux Leaving it behind: Brock James is leaving the mighty Clermont for La Rochelle LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Bayonne Relegated to the ProD2 in May 2015, the Basque club have bounced straight back up after beating Aurillac in the play-off to clinch the second spot behind Lyon. Notable among their 23 new recruits are Scotland No 8 Johnnie Beattie, who arrives from Castres, and former All Black lock Tom Donnelly, who spent last season at Montpellier.Experience: Lorenzo Cittadini has 50 caps for Italy Widely travelled: 63-cap Puma wing Horacio Agulla arrived from BathOn the other hand, Castres have welcomed a couple of experienced South-Africans in prop Daniel Kotze (Clermont) and hooker Jody Jenneker (Oyonnax), along with French locks Thibault Lassalle and Loic Jacquet, Steve Mafi from Western Force and arriving from Bath is Argentine threequarter Horacio Agulla.Clermont Dumped out of the Champions Cup at the pool stage, and beaten by Racing 92 in the semi-final of the Top 14, Clermont endured by their standards a disappointing season. With rumours of squad unrest midway through the campaign, coach Franck Azema knows he need silverware this season to keep his critics at bay.Midfield maestro: Remi Lamerat is part of the French squad and highly-ratedA couple of faithful servants have left Clermont after a decade of service with lock Jamie Cudmore relocating to Oyonnax and Aussie fly-half Brock James signing for La Rochelle. Jonathan Davies has returned to Wales and Daniel Kotze is now with Castres. Azema has largely kept faith with last season’s squad with Osprey prop Aaron Jarvis and Castres centre Remi Lamerat the most eye-catching of the six signings.Grenoble An impressive European Challenge Cup campaign saw Grenoble beat Connacht in the quarters to set up a semi-final clash against Harlequins. Though unsuccessful the cup run proved the quality in the Grenoble squad and what they need to add this season in the Top 14 is consistency if they’re to improve on 11th position.Irish connection: Bernard Jackman has persuaded Aly Muldowney to join him in Grenoble The most notable addition is Julien Ledevedec, the 30-year-old second row who impressed on his Test debut for France last month in Argentina. Joining him from Bordeaux is Patrick Toetu, the veteran Samoan-Kiwi prop, while another man bringing plenty of experience to Brive will be full-back Benjamin Lapeyre, of Toulon, Racing and, most recently, La Rochelle.CastresThe 2013 champions exceeded expectations this year by finishing sixth, putting behind them memories of the previous season when they avoided relegation by the skin of their teeth. Nonetheless the 2016-17 will be a challenge for Castres following a raft of departures. Scotland lock Richie Gray and Samoan flanker Piula Faʻasalele have joined Toulouse, France centre Remi Lamerat is now with Clermont, Johnnie Beattie is at Bayonne, Rudi Wulf at Lyon, as is prop Karena Wihongi. Among the prominent arrivals for next season are Aussie lock Luke Jones and Ireland fly-half Ian Madigan, while several stalwarts have hung up their boots, including former Springbok scrum-half Heini Adams and Kiwi Matt Clarkin. The loss of fly-half Pierre Barnard to Toulon, wing Sofiane Guitoune to Toulouse and Julien Ledevedec to Brive will also leave sizeable gaps in the squad.Brive A solid season for Brive, who narrowly missed out on qualification for the Champions Cup but who nonetheless can take satisfaction in finishing eighth with just one defeat at home (to Clermont). Compared to some of their rivals Brive have resisted the urge to shake up their squad with just a handful of players released and only six new arrivals.Late bloomer: Julien Ledevedec made his France debut last month and impressed Another new signing is 24-year-old South African centre Paul Jordaan, who joins from the Sharks, while among those departing are scrum-half Julien Audy (Bordeaux) and Jean-Pascal Barraque (France Sevens).For the Lyon to Toulouse transfers, click here.last_img read more

4 Jun

Opera Centre and Hanging Gardens are council priority

first_imgLimerick’s National Camogie League double header to be streamed live Twitter Predictions on the future of learning discussed at Limerick Lifelong Learning Festival WhatsApp NewsOpera Centre and Hanging Gardens are council priorityBy John Keogh – June 12, 2015 1014 Facebook TAGSArdmore studiosConn MurrayDr James RinglimerickLimerick 2030LIMERICK ChamberLimerick City and County CouncilOpera Centre Linkedin An artist’s impression of what Arthur’s Quay Park will look like under the Limerick 2030 planLIMERICK City and County Council is currently working on the development of seven strategic sites as part of the Limerick 2030 masterplan, local authority CEO Conn Murray told a meeting of 100 local businesspeople this week.At the meeting held on Tuesday to update city businesses on the economic and spatial plan, the council revealed that it had acquired the Cleeves site in full earlier that day, and that the Hanging Gardens site has gone to tender with construction expected to begin at the end of the year.Sign up for the weekly Limerick Post newsletter Sign Up The meeting also heard that the Opera Centre has received seven serious expressions of interest and the 18-month timeline is on target, and that work on Colbert Station is to commence this month.The council revealed that the 200-acre Mungret College site is “being viewed as Limerick’s Phoenix Park and a plan should be before council before year end”.In addition, Mr Murray stated that an announcement on the plans for Ardmore Studios to lease the former Dell building in Plassey is due in three weeks.Local businesspeople were also told that the controversial footbridge over the Shannon “is still worth considering based on Failte Ireland’s recommendations and feasibility studies but more funding is required”.Dr James Ring, Limerick Chamber CEO, announced on the night that the Chamber has teamed up with the council to help Limerick achieve its purple flag, which aims to address the city’s nighttime economy. Printcenter_img Previous articleLimerick jockey Brian gets back in the saddleNext articleRugby – Emerging Ireland side named to face Italy John Keoghhttp://www.limerickpost.ie Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Limerick Ladies National Football League opener to be streamed live RELATED ARTICLESMORE FROM AUTHOR WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Email Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Advertisementlast_img read more

4 Jun

Green light for Athea Sewerage Scheme says Limerick TD

first_imgPictures reveal damage caused by wipes being flushed down Limerick’s loos Print Linkedin TAGSAtheaDublinIrish WaterPatrick O’DonovanPLAN Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR Irish Water to replace old water mains on St Nessan’s Road Email WhatsAppcenter_img Minister Patrick O’ Donovan announces opening of Limerick heritage site to the public for the first time Minister Patrick O’DonovanLimerick TD and Minister of State Patrick O’Donovan has said he is delighted that Irish Water have signed contracts and approved €1.5million for the sewerage scheme in Athea and that works are to commence.Patrick O’Donovan said that he had received the confirmation from Irish Water as part of regular engagement he has with the company in relation to works on Co. Limerick schemes.“This is great news for the people of Athea. When I became a Minister I prioritised this issue with Irish Water. I asked that a special case would be made for Athea given how long the process had been from the time the scheme was first discussed by Limerick County Council. I have watched this move through consultation with the local community, to planning with the Council and to a situation where we now have the green light to construct.”Sign up for the weekly Limerick Post newsletter Sign Up “In that time I have attended countless meetings in Athea, Limerick and Dublin on the matter to convince people of the merits of this project and of the need for a separate plan. I am delighted today that we have arrived at this point where money has been allocated and the approval has been given to construct.”Patrick O’Donovan added that he was very impressed by the manner in which Irish Water had dealt with the project since they came into existence and in that time a number of hurdles have been crossed.“In 2015 I received a commitment that the upgrade would be completed, and it was estimated at the time that €728,000 would be the cost of the project. However today after all of the phases have been complete contracts have been signed for €1.5million and we are ready to go with a contractor. It’s a great day for the community who have worked with throughout the whole time and we now have achieved the result we set out to reach.” Deputy O’ Donovan concluded.More about politics here. Limerick customers to benefit from extension of Irish Water’s First Fix free scheme to tackle leaks Patrick O’Donovan announces €420,000 in funding for Limerick Greenway Update: Works underway to resolve discolouration of water in Raheen area Advertisement Previous articleGardaí are asking Limerick people to be “Streetwise”Next articleBe Streetwise this Bank Holiday weekend Staff Reporterhttp://www.limerickpost.ie NewsPoliticsGreen light for Athea Sewerage Scheme says Limerick TDBy Staff Reporter – May 3, 2018 1020 last_img read more