Noble Group Grasps Debt Lifeline

first_imgzoom Indebted commodities giant Noble Group has secured a 120-day extension for its USD 400 million credit facility from June 20, 2017.In addition, the Hong-Kong-based firm said it continues to be in talks with potential investors concerning the sale of an interest in the group or its subsidiaries or parts of its business.“Whilst no assurance can be given that these discussions will result in a transaction, they are ongoing and constructive,” Noble added.Furthermore, constructive talks are also said to be underway with bankers in relation to the firm’s revolving credit facility due May 2018. As disclosed, the group’s major bankers, based in Europe, the United States and Asia, have hired legal and financial advisers to “enhance these discussions.”Once the discussion with the banks is concluded, Noble expects to complete its strategic review, which will mostly likely result in an asset realization program “to maintain liquidity and a further reduction in overhead expenses.”The group, which manages a portfolio of global supply chains across a range of industrial and energy products, including iron ore, energy coal and grains, has been fighting for survival for several years now.Noble has over 100 vessels on charter, which are either owned, bareboat, time charter period or hired for single trips, the company’s website info shows.last_img read more

Occupy X hits Canada

first_imgAPTN National NewsThis weekend, cities across the country joined the Occupy Movement ….inspired by what’s happening on Wall Street in New York.Toronto wasn’t going to be left out of the Movement.There – people say the rich are getting richer and the poor are getting poorer.last_img

Cheshire Hall patient goes on rampage with fire extinguisher

first_img Related Items:cheshire hall medical center, general ward, patient, rampage Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 22 Apr 2015 – It was quite an episode early yesterday morning at the Cheshire Hall medical center when a patient grew impatient and began dousing the General Ward of the hospital with the contents of a fire extinguisher. Public Relations Officer at the hospital, Takara Bain advised that every precaution was taken, including closing the General Ward temporarily until clean-up was complete. No one was hurt, but the damage is being assessed. Cheshire Hall explains Monday power outage at hospital Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Investigations continue into death of 46 year old Labante of Phillipines JetBlue passenger dies in Provo en route to Dominican Republiclast_img read more

Haitian Migrants Apprehended

first_img#MagneticMediaNews ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDT Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meetingcenter_img Facebook Twitter Google+LinkedInPinterestWhatsAppCoral Harbour Base, Bahamas, December 24, 2016 –  A total of 99 Haitian migrants were taken to the Carmichael Road Detention Center after they were apprehended in the central Bahamas by the Royal Bahamas Defence Force Saturday afternoon.  Patrol craft HMBS P- 49, under the command of Acting Sub Lieutenant Owen Sands, apprehended a 40-ft wooden sloop at 3:00 pm approximately 4 miles west of Hawksbill Rock, in the southern Exuma chain.   Defence Force Marines discovered the migrants –77 males and 22 females– onboard the sloop.   They arrived at the Coral Harbour Base early Christmas morning.The migrants were turned over to Immigration officials upon their arrival for further processing.  The Royal Bahamas Defence Force remains committed to protecting the territorial borders of The Bahamas. Related Items:#magneticmedianews The Luxury of Grace Bay in Down Town Provolast_img read more

Van Dijk Liverpool will bounce back

first_imgLiverpool defender Virgil van Dijk believes they will regroup and recover from their first Premier League defeat of the season at Manchester CityJurgen Klopp’s side unbeaten start came to an end on the 21st game with title rivals City claiming a 2-1 win to cut the gap down between them to four points.Roberto Firmino’s equaliser had given Liverpool hope of holding on for a draw following Sergio Aguero’s opener.But a 72nd-minute goal from Leroy Sane was enough for Pep Guardiola’s side to claim victory.However, Van Dijk is certain Liverpool will bounce back from this setback.“Disappointed that we lost, that is really obvious. [But] we’re four points clear, that is the main thing,” said Van Dijk on the club website.“Obviously the media has been making this game as big as ever but for us it was just another very important Premier League game. We knew it was going to be a very tough season and there will be ups and downs.Jose Mourinho is sold on Lampard succeeding at Chelsea Tomás Pavel Ibarra Meda – September 14, 2019 Jose Mourinho wanted to give his two cents on Frank Lampard’s odds as the new Chelsea FC manager, he thinks he will succeed.There really…“Here there was obviously a down but we have to keep going, keep bouncing back and that is something we are definitely going to do.“We just have to keep going. We will focus on recovering and make sure we are ready for the next game.”The Reds will next take on Wolves in the FA Cup on Monday night.21/38#PL pic.twitter.com/mtkiGWXYwG— Premier League (@premierleague) January 4, 2019last_img read more

Okazaki is unsure of his future with Leicester

first_imgThe Japanese forward has reportedly been targeted by multiple English Premier League clubs, but he rejected Huddersfield bid.Shinji Okazaki joined Leicester City in 2015, but he has been targeted recently by different English Premier League clubs.And he has come out to say he’s unsure if he wants to continue with the Foxes or leave.Harry Maguire, Manchester UnitedSolskjaer praises Harry Maguire after Man United’s 1-0 win Andrew Smyth – September 14, 2019 Ole Gunnar Solskjaer singled out Harry Maguire for praise after helping Manchester United keep a clean sheet in their 1-0 win over Leicester City.“It’s up to Leicester. Right now, I don’t know whether they need me or not,” he told Kyodo News.“Of course, (playing for) a team that wants me would be ideal,” Okazaki said, after being left out of the squad for Leicester’s 2-1 loss to visiting Southampton on Saturday.”“I can’t feel satisfied as a player. After three-and-a-half years, maybe it’s time to move on. I have no intention of quarreling with the team, but I will make my feelings known,” he added.last_img read more

Joe Cole and Owen poke fun at transfer deals

first_imgFormer Liverpool players Joe Cole and Michael Owen are starring in a new TV advert opening up on the controversy of Football transfers.The ex-footballers appeared in an advert for phone company Huawei, who are using the transfer deadline campaign as a marketing tool for their products.The former England internationals also recruited Premier League stars to help drive the campaign of the Chinese Mobile company.Owen and Cole both discussed the process of changing phones in the manner which transfer deals are negotiated.Cole said, according to Mirror Football: Roberto Firmino, LiverpoolVirgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.“It’s important to not be stuck in your ways, change is good. I loved my time at West Ham , the fans were great, my teammates were brilliant, but I couldn’t turn down the move to Chelsea – a move that turned out hugely successful for me, where I won a lot of silverware.”“Much like then, the time has come for change and I’m sure my latest switch to Huawei will prove just as rewarding.’’Owen added: “I’ve made some big switches in my career, some have certainly been easier than others – leaving Liverpool definitely ruffled a few feathers!”“However, I have high hopes for my latest switch to Huawei, it’s been a lot smoother, surprisingly easy, and I’m anticipating great success. The kit is fantastic!”last_img read more

San Diego Federal Judge expected to get update on separated migrant children

first_img Posted: July 13, 2018 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – A federal judge in San Diego will hear an update Friday on the government’s effort to reunite young immigrant children who were taken from their families at the U.S.-Mexico border, with federal officials claiming they’ve completed the process but the ACLU accusing the government of failing to do so.U.S. District Judge Dana Sabraw had ordered the federal government to reunite immigrant children under the age of five with their parents by Tuesday, but the government failed to meet that deadline, citing various logistical and procedural issues.On Thursday, Attorney General Jeff Sessions and Department of Homeland Security Secretary Kirstjen Nielsen issued a statement claiming they had completed the process of reviewing the cases of 103 children under fivethe custody of the Department of Health and Human Services.As of Thursday morning, they claimed to have reunited 57 children under five with their parents, while the other 46 were determined to be ineligible for immediate reunification. Of those 46, 22 children were determined to be ineligible for reunification due to safety concerns posed by the parents in question, while the others could not be returned because their parents had already been deported, some in the custody of the U.S. Marshals Service for other offenses, two being held in state jails and one whose location hasn’t been known for more than a year.“Throughout the reunification process our goal has been the well- being of the children and returning them to a safe environment,” Sessions and Nielsen said in a joint statement. “Our agencies’ careful vetting procedures helped prevent the reunification of children with an alleged murderer, an adult convicted of child cruelty and adults determined not to be the parent of the child.“Of course, there remains a tremendous amount of hard work and similar obstacles facing our teams in reuniting the remaining families,” they said. “The Trump administration does not approach this mission lightly, and we intend to continue our good faith efforts to reunify families.”RELATED STORY: Dozens of immigrant children to be reunited with parentsThe American Civil Liberties Union, however, accused the Trump administration of failing to meet the deadline and failing to follow through on its vow to notify the ACLU of the time and place of each reunification so the organization could verify them.“Not only did the government fail to give notice, we heard reports of troubling situations, including ICE leaving a parent and kids, one of whom is 6 months old, alone at a bus stop,” according to the ACLU. “The government’s lack of communication caused hardship for families who have been through enough.”According to the organization, its attorneys plan to ask that the government be ordered to provide a complete list of all children aged five and older by Monday; complete all background checks and parental verifications by July 19; provide daily reports with the number of completed reunifications; provide advance notice of the time and location of reunifications; offer immediate access to a lawyer for families reunited in detention facilities; and establish a fund for mental health counseling for children who were separated from their families.It will also ask the government to reimburse families “for reunification travel costs and DNA tests.”Sabraw, who was appointed by President George W. Bush, has given the government a July 26 deadline for reuniting all detained children with their families, regardless of age. Federal officials estimated at one point that as many as 3,000 children were in federal custody.In court Tuesday, Sabraw told government attorneys that the dates he has set are “firm deadlines, not aspirational goals.”On Monday, a federal judge in Los Angeles rejected a request by the U.S. Department of Justice to amend a decades-old court settlement that limits the amount of time immigrant children can be held in federal custody. That thwarted a government plan to detain children with their families while criminal proceedings were pending.Federal officials told reporters Tuesday that immigrant parents being reunited with their children are instead being outfitted with ankle monitors and released from custody.KUSI’s Ed Lenderman was live at the federal court house downtown with the latest information. July 13, 2018 Ed Lenderman Updated: 8:33 AMcenter_img Categories: Local San Diego News, Politics Tags: Immigration FacebookTwitter San Diego Federal Judge expected to get update on separated migrant children Ed Lenderman, last_img read more

Behind the Latest Restructuring at Condé Nast

first_imgLast month, the company announced it was shuttering the print edition of Teen Vogue in order to invest in the brand’s growing digital presence, while also making reductions in the frequencies of several other titles. Meanwhile, it launched six new digital brands and recently unveiled an expanded 23 Stories’ Creative Group under creative director Dirk Standen, which the company says now caters to “more than a dozen big external clients” like 20th Century Fox and Lincoln.Per comScore data, the company hit a record 113 million web visitors across its portfolio in October, and in November topped one billion total video views across its own brands’ platforms, YouTube, and Facebook.“We are already seeing results within the sales division of a more unified approach to the market, and there is clear momentum heading into Q1 2018, pacing well ahead of last year at this time,” Blanchard adds.In a holiday note to staffers this week, CEO Bob Sauerberg pointed to the restructuring of Allure and Teen Vogue, the hiring of Radhika Jones as Graydon Carter’s successor at Vanity Fair, the launches of digital brands like them, and The New Yorker’s Pulitzer Prize, among several other things, as highlights of the year.“We make the best content in the world, and that is something that will never change,” Sauerberg wrote. “No matter what new platform, trend or app disrupts our industry next, it will be our content that matters the most.” Major changes are afoot at Condé Nast as the publisher continues to evolve its operations to meet changing demands from consumers and advertisers alike.Responding to a Sunday New York Post report that the company was “poised to take a scalpel to its corporate side” after losing $100 million this year, Condé Nast chief communications officer Cameron Blanchard tells Folio:, “We are going to … look at the corporate functions to make sure that these areas are best set up to support the new business and editorial structures we put in place over this past year.”Those new structures, which took shape through multiple reorganizations in late 2016 and early 2017, were primarily aimed at driving efficiency by increasing collaboration across departments.Where publishers were once responsible for individual brands, chief business officers now oversee multiple titles. A unified sales and marketing team, under the banner “Condé Nast One,” reports to chief revenue and marketing officer Pamela Drucker Mann. Fashion and beauty editors collaborate on content for brands across the company’s portfolio, and formerly disparate creative, copy, and research teams were merged to operate in a more cross-brand manner a little over a year ago.As with most media-company restructurings, those shifts were followed by multiple rounds of layoffs, and Blanchard acknowledges, “We will resource more heavily in the growth areas, which may result in some duplications in others,” but insists the changes are not a cost-cutting exercise, but a restructuring to support the aforementioned changes elsewhere within the company.A privately held company, Condé Nast does not publicly disclose its finances, but its moves over the past year indicate that its evolution is at least in large part aimed at cutting costs tied to print in order to further embrace new revenue from digital media, events, and its recently expanded creative services unit, 23 Stories, which acquired experiential agency Pop2Life in March and produced a two-day Teen Vogue Summit in Los Angeles earlier this month.last_img read more

STUDENT SPOTLIGHT Wilmingtons Nicole Rosania Named To Deans List At Fairfield University

first_imgFAIRFIELD, CT — Nicole Rosania, of Wilmington, recently received Dean’s List Honors for the Spring 2018 semester at Fairfield University.In order to be placed on the Dean’s List, students must have completed a minimum of 13 credit hours in a semester, have no outstanding or incomplete grades for that semester, and have attained a semester grade point average of 3.50 or better.(NOTE: The above announcement is from Fairfield University.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedSTUDENT SPOTLIGHT: Wilmington’s Nicole Rosania Named To Dean’s List At Fairfield UniversityIn “Education”Wilmington’s Rosania Named To Dean’s List At Fairfield UniversityIn “Education”STUDENT SPOTLIGHT: 3 Wilmington Students Named To Dean’s List At Regis CollegeIn “Education”last_img read more