The Humboldt B52s came from behind to beat the visiting San Francisco Seals 16-8, completing a two-game series sweep of the Seals Saturday night at Bomber Field. The B52s trailed for the majority of the game after surrendering an early two-run lead in the third inning, not re-taking the lead until an explosive eighth inning when they scored nine runs.“I felt like we were in the game the whole time,” B52s manager Scott St. John said. “Our pitching did just enough and our hitting was much …
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Former Giants broadcaster Hank Greenwald dies
CLICK HERE if you are having a problem viewing the photos on a mobile deviceLongtime broadcaster Hank Greenwald, whose superb wit and captivating calls kept things entertaining during a rough era for the Giants, died Monday at 83.Known for his low-key humor and vivid accounts of the drama, Greenwald was a fan-favorite over two stints with the team — no matter the results on the field.“He may have been the greatest ‘bad team’ broadcaster of all-time,” said Ken Korach, the A’s radio man and …
Britain gets cheaper, but doomsday gloom is popular
It could be up to two years before the impact on air travel of Britain’s decision to quit the European Community is known, but doomsday scenarios have got off to a bad start with a five to seven per cent fall in the value of the British pound against major currencies increasing the appeal and reducing the cost of travel to the UK.Gloomy predictions, however, are being talked up by the airline industry’s peak body, the International Air Transport Association, in a new report overnight, quoting British Treasury modelling before the so-called Brexit referendum projecting a permanent loss of UK economic activity of 2.5-3.5 per cent a year.According to IATA, that would depress travel to and from the UK by three to five per cent a year, since Britons provide two-thirds of the bums on seats travelling to and from the country and international visitors comprise just a third.That hasn’t been helped by the two airlines that have benefited most from the past two decades’ liberal EU aviation market, Ryanair and EasyJet, talking up a return to protectionism they postulated in the days before the referendum would artificially reduce competition and increase fares under the new air rights treaty the UK will now be obliged to negotiate with the EU.Through their bases at London’s Stansted airport, IATA’s figures show Ryanair and EasyJet are by far the biggest operators between the UK and the EU, with the most to lose under a worst-case scenario of a UK-EU aviation trade war resulting in restrictions on flights.However, with an outsider’s eye on the future, the Australia-based Centre for Asia-Pacific Aviation thinks it “very likely” the current status quo would be effectively maintained with the UK agreeing on “unlimited open skies-style access for its own airlines and those of the other countries on routes between the UK and each of these countries, for example between the UK and France or Italy”.In addition, none of the aviation trade organisations has raised the one factor which would guarantee higher fares – higher airline operating costs – following Brexit.In fact, one of the cornerstones of the Leave campaign was to eliminate costly compliance with the EU’s bureaucratic standards.However, as with most periods of economic turbulence, the uncertainty caused by Brexit has become a self-fulfilling prophecy, with one of Europe’s biggest airline groups IAG, which runs British Airways, Ireland’s Aer Lingus and Spain’s Iberia and Vueling airlines on Friday issuing a profit warning because of doubts about the economic outlook caused by Brexit.The one bright spot is that the depreciation of the pound has made the UK cheaper to visit, with long-haul travellers from Australia for instance now having to fork out “only” $A135 to enter the UK, compared with about $A143 before Friday’s currency devaluation.However, the cash-hungry government that came up with the world’s biggest travel tax is also more likely than not to gouge future visitors with new visa fees.
Clash mars bicentenary of Bhima-Koregaon battle
The bicentenary celebrations of the 1818 battle of Bhima-Koregaon were marred by a clash between two groups on Monday. The incident occurred at 11.30 a.m. when people were heading towards Koregaon Ranstambh (victory pillar) in the village.The police said altercations over some hoardings resulted in pelting of stones and torching of over 10 vehicles. “The situation was immediately brought under control. Measures have been taken to prevent the spread of rumours on social media, and a number of villages like Sanawadi, Vadhu-Budruk and Shikrapur along the highway have been sealed,” said a police officer.The police blocked the traffic on the Pune-Ahmbednagar highway for sometime after the incident and it was resumed in the evening. “More police personnel, including companies of the SRPF, have been deployed to avoid any untoward incident,” the officer said.Some members of Bhima-Koregaon Shauryadin Prerana Abhiyan, a committee that conducted an Elgaar Parishad on Sunday, in which Gujarat MLA Jignesh Mewani and Radhika Vemula participated, alleged that the clash was provoked by right wing outfits.“The successful conclusion of Elgaar Parishad at Shaniwar Wada Fort irked several Hindutva outfits. We have strong reasons to believe that almost 3,000 right wing activists were behind the clash to disrupt the Koregaon-Bhima celebrations,” alleged Santosh Shinde of Sambhaji Brigade, one of the members.Lakhs from the Dalit community visited Koregaon Ranstambh (victory pillar) in the village on Monday. The memorial is dedicated to the battle of January 1, 1818, where 500 soldiers of the untouchable Mahar community fought alongside the English to defeat the 28,000-strong army of Peshwa Bajirao II, thus ending the Peshwai domination.(With inputs from PTI)
Golar LNG Secures Deals for Another FLNG Project
zoomIllustration; Image Courtesy: Flickr-Kees Torn under CC BY-SA 2.0 license Gimi MS Corporation, a newly incorporated subsidiary of LNG shipping firm Golar LNG Limited, has entered into a 20-year lease and operate agreement (LOA) with BP for the charter of an FLNG unit, Gimi.Expected to commence production in 2022, the FLNG unit will liquefy gas as part of the first phase of the Greater Tortue Ahmeyim project and be located on the Mauritania and Senegal maritime border.FLNG Gimi is designed to produce an average of approximately 2.5 million tons of LNG per annum, with the total gas resources in the field estimated to be around 15 trillion cubic feet.Concurrent with its entry into the LOA, Gimi MS has entered into a subscription agreement — subject to closing conditions — with First FLNG Holdings, an indirect wholly-owned subsidiary of Keppel Capital, in respect of their participation in a 30% share of FLNG Gimi.As informed, Gimi MS will construct, own and operate FLNG Gimi and First FLNG Holdings will subscribe for 30% of the total issued ordinary share capital of Gimi MS for a subscription price equivalent to 30% of the project cost.Construction of FLNG Gimi is expected to cost approximately USD 1.3 billion, excluding financing costs.Keppel and Golar have previously partnered on the FLNG Hilli Episeyo, the world’s first FLNG conversion project, which has been a successful proof of concept as a quick and cost-efficient solution for monetizing stranded gas reserves. Hilli Episeyo has maintained 100% uptime since commencing commercial operations in June 2018 and consistently despatched two LNG cargoes each month.“The potential of Golar’s floating LNG solution was reinforced by FLNG Hilli Episeyo’s proof of concept, Heads of Terms were agreed with BP and its partners in April 2018 and work has been ongoing via the previously reported Limited Notice to Proceed,” Iain Ross, Golar CEO, said.“We are pleased to further strengthen Keppel’s relationship with Golar in capturing growing opportunities in the LNG space. This transaction reflects Keppel’s confidence in the prospects of the FLNG sector,” Loh Chin Hua, CEO of Keppel Corporation, commented.“The Gimi investment can also be a seed asset for a possible infrastructure fund managed by Keppel Capital in the future. After the asset has been completed and de-risked, the 30% interest may be injected into Keppel Infrastructure Trust,” he continued.With the funds from the subscription of shares by its shareholders, Gimi MS will acquire and own the Moss LNG carrier Gimi which will be converted into an FLNG vessel by Keppel Shipyard.In December 2018, Keppel Shipyard received the limited notice to proceed from Golar to commence early conversion works. The carrier has been relocated from layup to Keppel Shipyard in Singapore where conversion works will soon start.Related:Golar LNG Moves Ahead with Another LNGC Conversion at Keppel
Deadpool Writers Were on Set Because Ryan Reynolds Paid Them When Fox
Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment When it was time to shoot Deadpool, 20th Century Fox wouldn’t pay writers Rhett Reese and Paul Wernick to be on set. It was important to star Ryan Reynolds that the creative team was present during shooting, so he paid them himself.In an interview on AMC’s Geeking Out (via ComicBook.com), Reese and Wernick revealed that they were on set because of Reynolds’ generosity.“We were on set every day,” they said. “Interestingly, Ryan wanted us there; we were on the project for six years. It was really a core creative team of us, Ryan, and the director Tim Miller. Fox interestingly wouldn’t pay for us to be on set. Ryan Reynolds paid out of his own money, out of his own pocket.” Advertisement Advertisement
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CenturyLink outage that hit 911 service spurs FCC investigation
CenturyLink customers started experiencing outages early Thursday. James Martin/CNET A nationwide outage for CenturyLink customers, including those trying to reach 911 emergency service, dragged on for the better part of two days before its resolution late Friday.The outage hit customers of CenturyLink, a phone, internet and TV service provider, in areas including Idaho, New Mexico and Minnesota. The company’s site lists residential services in 35 states.It also affected 911 service across the country, prompting nationwide alerts to cellphones. The Federal Communications Commission said Friday that it’s launching an investigation into the disruptions. As of about 6 p.m. PT on Friday, the problem seemed to have been resolved. CenturyLink said in a tweet that “all consumer services impacted by this event, including voice and 911, have been restored” and that any latency issues would be cleared within a few hours. CenturyLink has been dealing with a network event. All consumer services impacted by this event, including voice and 911, have been restored. Any latency issues will clear in the next few hours.— CenturyLink (@CenturyLink) December 29, 2018 Restoring impacted services for our customers is very important to us. We are seeing good progress, but our service restoration work is not complete. Our teams are continuing their efforts to resolve these issues and we will continue to provide updates throughout the day.— CenturyLink (@CenturyLink) December 28, 2018 32 A company representative confirmed that efforts continue.As of Friday afternoon, the company said on Twitter that it’s “made progress in restoring services across the network in the last several hours. We are focused on resolving remaining issues.”The FCC steps inFCC Chairman Ajit Pai called the disruption of service “particularly troubling” in its “breadth and duration.” The effect on people’s ability to reach 911 emergency services is “completely unacceptable,” Pai said in a statement. He added that he has been in contact with CenturyLink to emphasize the urgency of restoring service and that he would be monitoring progress closely. CenturyLink has not yet given any indication what caused the problems.DownDetector reported initial signs of the outage around 1 a.m. PT Thursday.”Our network is experiencing a disruption affecting customer services,” CenturyLink tweeted Thursday morning. “We know how important services are to our customers and are working to restore services as quickly as possible.”On Friday morning, the Louisiana-based company tweeted that it was continuing to experience disruptions. It earlier expected to restore operations by Friday. Internet
CenturyLink didn’t immediately respond to a request for comment on the FCC’s investigation. Originally published Dec. 27 at 1:47 p.m. PT.Updated Dec. 28 at 9:09 a.m. and 2:03 p.m. PT: Added company comment about progress toward restoring service and added FCC Chairman Ajit Pai’s comment.Updated Dec. 29 at 4:57 a.m. PT: Added CenturyLink’s statement that service has been restored,CNET Magazine: Check out a sample of the stories in CNET’s newsstand edition.Taking It to Extremes: Mix insane situations — erupting volcanoes, nuclear meltdowns, 30-foot waves — with everyday tech. Here’s what happens. The nationwide @CenturyLink service outage and the delay in restoring critical 911 capabilities is unacceptable. I have spoken to CenturyLink to express my concerns and have directed the @FCC’s public safety staff to launch an investigation. My statement below. #publicsafety pic.twitter.com/HgQas1xtyB— Ajit Pai (@AjitPaiFCC) December 28, 2018 Comments Share your voice Tags
After CCOs Exit SpiceJet CEO Neil Mills Resigns
A couple of months after the exit of SpiceJet chief commercial officer CCO Harish Moideen Kutty, the airline’s chief executive officer Niel Mills has resigned, according to reports.Mills put in his papers before the expiry of his contract, which ends in 2015. He was said to have taken the decision last week while on a visit to Chennai to meet Kalanithi Maran, promoter of SpiceJet’s parent company Sun Group. However, no formal announcement has been made about his resignation. “Mills is a serious professional. He wasn’t too happy here and resigned some days ago. He is still coming to office regularly, is fully involved in running the airline and will continue to do so till he is relieved,” Times of India quoted a source as saying.A spokeswoman of the airline refuted the reports of Mills’ resignation saying, “It is still a rumour. We do not comment on market rumours or speculation.”Mills put in his papers just two weeks ahead of the board’s move to finalise the airline’s earning reports for the June quarter. His abrupt resignation comes soon after the airline faced a heavy loss of ₹186 crore in the March quarter. The low-cost carrier reported losses of ₹606 crore and ₹191 crore for 2011-12 and 2012-13, respectively.According to reports, Mills may have quit the company due to the airline’s poor performance and differences between its promoters and board member Natrajhen, whose appointement to the post of managing direction in September topped Mills’ own position. But sources asserted that Mills’ exit has nothing to do with Natrajhen’s promotion and the airline’s performance as the entire aviation industry was going through a tough time.Mills was an integral part of SpiceJet after he was appointed directly by Sun Group MD Kalanithi Maran in 2010 after the latter bought a majority stake in the airline from London-based businessman Bhulo Kansagra. He replaced Sanjay Aggarwal, who left the company to join the debt-ridden and stranded Kingfisher Airlines.Before SpiceJet, Mills was working with FlyDubai. His tenure in SpiceJet brought won him several accolades and profit to the company. However, he faced backlash from the aviation regulatory for the fire sale of 10 lakh tickets which was announced in January this year and was eventually blamed by aviation analysts for the airline’s losses.
HDFC masala bonds list on London Stock Exchange Deepak Parekh says sovereign
Housing Development Finance Corporation (HDFC) created history on Monday when masala bonds raised by the Indian mortgage lender were listed on the London Stock Exchange (LSE). The bonds received a good response, with bids worth Rs. 8,700 crore on debut.HDFC Chairman Deepak Parekh and CEO Keki Mistry were present on the historic day at the LSE.Masala bonds are rupee-dominated bonds raised outside India. HDFC was the first Indian company to do so when it raised Rs. 3,000 crore in masala bonds at a coupon rate of 7.875 percent per annum. The bonds have a tenor of three years and one month. At an issue price of Rs. 99.24 per bond of the par value, the effective yield on the bonds is 8.33 percent per annum. The success of the masala bond issue has generated phenomenal hunger among global sovereign wealth funds (SWFs) for such debt offerings in the future. “We are getting calls from SWFs around the world, saying ‘the next 20 billion, just give it to us'”, Parekh told Reuters.The success of the maiden masala bond issue by an Indian company would set a similar trend among other Indian firms, notwithstanding the 5 percent tax deduction at source (TDS) clause (also called withholding tax) that can raise the cost of borrowing for the issuer.The bonds won’t be traded on Indian stock exchanges.The maiden masala bond issue was lapped up by many foreign investors, making HDFC express confidence over the successful placement of the debt programme.”This is a milestone transaction for HDFC. We have successfully achieved our objective of attracting a global pool of capital to further diversify our borrowing profile. The positive investors response towards this issuance reinforces the blue-chip positioning of HDFC and establishes a significant landmark for Indian companies,” Parekh had said in a regulatory filing on July 14 to the Bombay Stock Exchange (BSE).From an investor profile perspective, 86 percent of the final allottees were Asian and European investors. While 18 percent of the investors were banks, the rest were institutional investors, HDFC had said in a statement.On Tuesday, HDFC shares were trading at Rs. 1,338.45 apiece on the BSE at around 12.46 p.m., down 2.62 percent from their previous close. HDFC Bank shares were flat at Rs. 1241.70 apiece.The Sensex was trading about 50 points higher at 28,024.