£250m Euro plan for Standard Life

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Morgan Stanley makes Canary Wharf takeover approach

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PREMIUMFour upstream oil and gas projects worth $45m set to kick off in first quarter

first_imgFour upstream oil and gas projects worth US$45.39 million are scheduled to start operations in the first quarter this year, as other projects face mounting problems, a government task force has said.The Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas), which often speaks on behalf of related companies, said in Jakarta on April 9 that the projects comprised three gas projects, including one by PT Pertamina Hulu Energi (PHE), that have a collective output of 80 million cubic feet per day (mmscfd).The fourth project is a 4-megawatt (MW) power plant that supports Jakarta-based PT Pertamina EP in producing 1,000 barrels of oil per day (bopd) from an oilfield in North Kalimantan.“These achievements are part of our effort to maintain oil and production levels as per targets,” said SKK Migas deputy of operations Julius Wiratno in a statement issued on Wednesd… Log in with your social account Linkedin Google Facebook Forgot Password ? LOG INDon’t have an account? Register here Topics : Indonesia oil-and-gas-industry upstream-industry pertamina SKKMigas operation Medco-Energi-Internasionallast_img read more

Harvey Norman head’s seven beachfront units for sale

first_imgM3565 is considered a new direction for apartments in the area. M3565 has stunning views across the beachfront and ocean.Ms Page, who has been instrumental in the growth of Harvey Norman despite tough online competition, is no stranger to developing successful luxury properties.M3565’s cheapest apartment is the ground floor beach residence priced at $5.195 million. The two-floor penthouse – accessed via its own internal lift – doesn’t even have a price tag as yet, instead it is open for expressions of interest.In between those are five other whole floor “residences” – all of which have four bedrooms and four bathrooms and range in price from $6.2m to $7.85m. M3565 is a project by Katie Page and Gerry Harvey.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours ago Katie Page and husband Gerry Harvey have seven luxury whole floor apartments for sale. Picture: Ryan Osland/The AustralianHARVEY Norman CEO Katie Page and her richlist husband Gerry Harvey have put seven multimillion-dollar beachfront apartments on the market in Queensland. The whole floor apartments are in the recently completed M3565 development at Main Beach on the Gold Coast with prices starting from just over $5 million each. M3565 was designed by Sydney architect Virginia Kerridge.Ms Page has described the location as “the most beautiful, amazing block of land” and most recently called the development “a new direction for up here”.Agent Robert Graham described the penthouse as “an island in the sky”.“The master bedroom suite is phenomenally spacious and opens out to a breathtaking plunge pool and bar area that makes the most of its unrivalled position.“The 360 degree views which span the rolling green hills of the hinterland to the sea’s horizon are unrivalled. The proportions of this apartment are like no other on offer on the Gold Coast.” M3565’s prices start from $5.195m. M3565 is a luxury development on the Gold Coast’s Main Beach.last_img read more

Convertible bond specialist leaves Avoca Capital for ING IM

first_imgTarek Saber, manager of a convertible bond portfolio at Avoca Capital, has joined ING Investment Management in London.Avoca was sold to KKR earlier this year.Saber was head of corporate opportunities strategies at Dutch pension fund manager APG until 2010, when he set up his own venture, Eight Investment Management.The business then transitioned into Avoca a year later, with Saber focusing on managing the convertible bond strategies. In the last month, Saber has since joined ING IM as a convertible bond strategist following on from Avoca’s sale to US private equity firm KKR.He spent seven years at APG and also headed up the convertibles business at HSBC across London, Paris, New York and Hong Kong.Saber also headed up the convertible bonds desk at UK bank NatWest and was responsible for trading, sales research and proprietary trading at Schroders.last_img read more

Exercise beats breakfast

first_imgNZ Herald 23 June 2013The Government might have better spent it’s $9.5 million school breakfast money on walking school buses, findings from a Danish study into children and exercise suggest.The Danish study, cited at a symposium in Washington this week, had set out to prove the benefits for children having breakfast and lunch.“The results showed that having breakfast and lunch has an impact, but not very much compared to having exercised,” co-author Niels Egelund said. The Government is spending $9.5million on giving low-decile schools a Sanitarium breakfast with Fonterra milk.The outcome was pounced on by Green MP Julie Anne Genter, who was a keynote speaker at the Bicycle Urbanism Symposium hosted by the College of Built Environments at the University of Washington this week.“They tried to explore the link between nutrition and concentration and instead found that kids being driven to school was a bigger influence on how well they could learn,” she said.The Copenhagen-based research surveyed 19,527 pupils aged between five and 19. Participants were asked about exercise and tested for concentration. “The exercises one uses to transport oneself to school is reflected in the level of concentration one has circa four hours later,” Egelund told AFP.http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10892342last_img read more

Lady Pirates Battle Lady Trojans On Senior Night

first_imgLady Pirates Soccer hosted the East Central Trojans for Senior Night losing 11-0. The night started introducing the Pirate seniors. The six seniors are #15 Kelsey Scott, #17 Alaina Nobbe, #18 Haley Bockover, #19 Sierra Huffman, #28 Irene Zanchettin, and #29 Angelique Guillory. Parents escorted the ladies down to allow time for all the fans to learn about plans of these highly determined ladies.  As the competition of the evening began it proved that the Lady Pirates were not ready for the passing game of the Trojans. Greensburg was able to hold East Central scoreless for the first twelve minutes but the Trojans quickly got into a scoring groove. At the half, the visitors had nine unanswered goals. The Lady Pirates were not able to get in position to take a shot because of the Lady Trojans passing game. The score finished out at 11-0 with the traveling team on top.  The Lady Pirates record is 1-4-4. They are home this Thursday to play against the Shelbyville Golden Bears.Courtesy of Pirates Coach Ryan Morlan.last_img read more

After Free Speech Fight, School Newspaper Profiles Student’s Porn Career

first_imgStudent journalists at a California high school are making news themselves, after battling school administrators over the right to publish a story about an 18-year-old classmate who recently started a career in the porn industry.A profile of senior Caitlin Fink, titled, “Risky business: starting a career in the adult entertainment industry,” appeared last week in The Bruin Voice, the newspaper at Bear Creek High School in Stockton.According to Fink, “Adult entertainers aren’t just objects, they are actual people. They have feelings, they have goals, they have motivation. When people found out I was doing that, they assumed all these things about me and I was like, ‘oh no, that’s not true.’”However, school administrators see the situation quite differently. When they recently learned of plans to publish the article, they began a weeks-long dispute between the school district and student editors, who were supported by the newspaper’s adviser, Kathi Duffel.Duffel accuses district officials of censorship for demanding to review the article before publication. In an April 11 letter, Superintendent Cathy Nichols-Washer warned Duffel that she could be punished “up to and including dismissal” if she refused to allow them to review the story.Duffel says, “This is a whole new level of district administrators who have lost their minds, quite frankly.”She rejected their request on the grounds of free speech, but she agreed to have her attorney, Matthew Cates, review the story. Cates concluded the article does not violate any education codes.Paul Grant, a lawyer for the school district, informed Cates that school officials would not block release of the story.However, in response to Duffel, the district issued a statement that reads, “Because the district has been denied an opportunity to preview the article, the district does not endorse it.” It continues, “Because we are charged with the education and care of our community’s children, we will always be diligent in our efforts to provide a safe learning environment for all students, while complying with our obligations under law.”last_img read more

Ferrari bringing upgrades to Styrian GP

first_img(BBC) – Ferrari are bringing forward some planned upgrades to their car after a disappointing showing at the season-opening Austrian Grand Prix.Lead driver Charles Leclerc was runner-up on Sunday, but the car was a second off the pace in qualifying seventh.At this weekend’s Styrian Grand Prix, Ferrari will introduce some of the parts originally scheduled for the subsequent race in Hungary.“We have to respond immediately,” chief executive officer Louis Camilleri said.“We know there’s lots of work to do. This is certainly not the grid position that a team like Ferrari should have.“It’s clear that we have to improve on all fronts. The only solution is to react.”The car’s main problem was a lack of speed on the straights, where it was losing 0.7 seconds a lap to Mercedes.Camilleri added: “It’s not that these new parts are expected to completely bridge the gap compared to the front of the grid.“But the progress in terms of lap time could allow the team to move up the order and put the drivers in a better condition to be able to display their talent.“Moreover, it’s about checking that the chosen direction of development is the right one, precisely because it will be possible to do a true back-to-back on every upgrade.”Ferrari said before the race weekend that they had discovered a problem with their car since it ran in pre-season testing, prompting a “significant change of direction in terms of development”.But their lack of pace in Austria was even worse than they were expecting – the car was not only a second off the Mercedes, but it was also nearly a second slower than Ferrari had been at the same track last year, when Leclerc was on pole position.Camilleri, speaking in a statement issued by the team, said he had “every confidence” in team principal Mattia Binotto and the rest of the team to “address our shortcomings”.Leclerc was running sixth for most of the race but moved up to second in the closing laps as a result of retirements in front of him and two audacious overtaking moves on McLaren’s Carlos Sainz and Racing Point’s Sergio Perez.He later described it as one of the best drives of his career.Team-mate Sebastian Vettel finished 10th, after a spin while trying an ambitious overtaking manoeuvre on Sainz. It was the latest in a series of mistakes during races that stretch back two years.The four-time champion was struggling throughout the race with the handling of his car and said he was surprised he had not spun more times.last_img read more

MLAX : BEST DEFENSE: SU allows pair of 2nd-half goals, holds on for win over No. 2 Virginia

first_img Comments Published on March 3, 2011 at 12:00 pm With just less than three minutes to play, Virginia had possession and plenty of time left to erase Syracuse’s two-goal lead. But the SU defense wasn’t about to let that happen.Virginia midfielder Shamel Bratton chased down an errant pass near midfield and turned to start the attack — and possibly the comeback. But as he looked up to survey the field, Orange midfielder Tim Harder came careening toward him. Harder slid at Bratton’s feet first and whacked the ball free. It flew out of bounds, returning possession to SU.Harder hopped to his feet and gave an emphatic fist pump as the Carrier Dome crowd roared.Two and a half minutes later, Harder and No. 1 Syracuse pulled out a 12-10 win over No. 2 Virginia in front of 14,340 fans, the fourth-largest regular-season crowd for a lacrosse game in Carrier Dome history. With emotions running high throughout, the Orange (3-0) defense stifled the Cavaliers’ attack in the second half, holding them to just two scores and five shots on goal. And that helped SU grab its first regular-season win over the Cavaliers (4-1) since 2004.‘I think that our defense stepped up,’ senior long-stick midfielder Joel White said. ‘Our defense made some stops when we needed. We had a couple hustle plays at the end of the game to give us the ball back, and our offense did the rest.’AdvertisementThis is placeholder textThe game was originally a fast-paced, offensive battle. Bratton tallied Virginia’s first score a little more than two minutes in, but Syracuse responded just 18 seconds later. After a false start by the Cavaliers on the ensuing faceoff, SU attack Tim Desko got free behind the net after a pick by sophomore JoJo Marasco and buried a shot for the first of his five goals on the night.The game continued to swing back and forth throughout the first half. SU took a 5-2 lead with 2:55 left in the first quarter and pulled ahead 7-4 early in the second. But Virginia answered with four straight goals to take an 8-7 advantage into the break.‘We really didn’t expect anything else,’ Orange head coach John Desko said. ‘It was a run-and-gun, up-and-down game against the Cavaliers. … Virginia showed their character and some composure and came back in the second quarter.’In the second half, that run-and-gun style turned into a defensive battle. The pace didn’t slow, but possessions for both teams started ending in saves or turnovers rather than goals.SU shut down the Virginia offense for nearly the whole third quarter. Their only score came on a rocket shot from Bratton with 5:46 left in the period. Other than that, the Cavaliers only mustered two shots on goal, both of which were turned back by Orange goaltender John Galloway.‘That’s an experienced defense team,’ Virginia head coach Dom Starsia said. ‘They probably felt like they had given in a little bit in the first half. … I thought they came out and tightened things down a little bit and probably showed their experience at that end of the field.’Virginia had a chance to spark its offense as it started the fourth quarter a man-up chance and possession. As the Cavaliers began cycling the ball around, SU senior defender Tom Guadagnolo deflected a pass on the left side but couldn’t get to the groundball. UVa continued its movement around the zone.Cavalier attack Matt White got the ball behind the net and tried to pass in front. But again, Guadagnolo was there for a deflection, and this time, it popped right into Galloway’s stick.The Orange cleared, and Guadagnolo received congratulatory fist bumps from Galloway and sophomore Brian Megill as the Orange’s penalty released.‘As a whole defense, I think we played great,’ White said. ‘We got loose balls and just hustled.’While Virginia struggled to score, Tim Desko helped SU build a 12-9 lead with three second-half goals. Bratton was able to pull the Cavaliers within two with his fourth goal at the 2:55 mark. But Harder’s sliding stick check shortly afterward all but sealed the win for the Orange.‘As a team, I think it’s just a great step for us, a step forward,’ White said. ‘I think we have a long way to go, myself included, with one-on-one ‘D’ and our middies have to get better on defense. I think it’s just a great step.’zjbrown@syr.educenter_img Facebook Twitter Google+last_img read more