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☆ A 1960s-era cannon is 'kicking ass' against Russia's drones, but the country that makes ammo for it won't send more to Ukraine
▼ + stars: | 2023-04-19 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +10 min

But Switzerland, where Gepard ammo is made, is not allowing more of that ammo to be sent to Ukraine. The Gepard SPAAGA German Gepard anti-aircraft tank during an exercise near Munster in June 2007. German defense company Krauss-Maffei Wegmann built 570 Gepards between 1963 and 1980 — 420 for the German Bundeswehr, 95 for the Dutch army, and 55 for the Belgian army. Kay Nietfeld/picture alliance via Getty ImagesAfter being criticized for its reluctance to send heavy weaponry to Ukraine, the German government promised some 50 Gepards to Ukraine in April 2022. In February, German Defense Minister Boris Pistorius announced that German firm Rheinmetall would restart ammo production for the Gepard.

The blue-chip FTSE 100 (.FTSE) rose 0.5%, while the mid-cap FTSE 250 (.FTMC) lost 0.1% as of 0807 GMT. Oil and gas (.FTNMX601010) added 0.8% as crude prices gained against the dollar, lifting oil giants BP Plc (BP.L) and Shell Plc (SHEL.L) 0.6% and 1.0%, respectively. "The FTSE 100 is falling in line with the positive sentiment we saw at the start of the week, overlooking the China-Taiwan tensions," said Giles Coghlan, chief market analyst at HYCM. While concerns over a potential recession in the U.S. amid persistent inflation have weighed on sentiment recently, the FTSE 100 has been on a positive streak, helped by commodity stocks and defensives including pharmaceuticals. Shares of West Africa-focused oil producer Tullow Oil (TLW.L) slid 2.9% on Jefferies' downgrade to "underperform" from "hold."

☆ How the US Army's Best Ranger competition uses days of grueling challenges to find the military's best 2-man team
▼ + stars: | 2023-03-31 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

US troops will gather in Georgia in April for the US Army's Best Ranger Competition. The Best Ranger competition is organized and run by the US Army in conjunction with the National Ranger Association. 101st Airborne Division soldiers compete in the Best Ranger Competition at Fort Benning in April 2022. David DumasThe Best Ranger competition typically starts strong with a 10-mile run followed by a swim event and an obstacle course. 10th Mountain Division soldiers complete a casualty evacuation lane during the Best Ranger Competition in April 2022.

☆ TenneT awards $25 bln in contracts to build North Sea-to-shore connections
▼ + stars: | 2023-03-30 | by ( Tosterling Muhammed Husain | Muhammed Husain | ) www.reuters.com time to read: +2 min

AMSTERDAM, March 30 (Reuters) - Dutch state-owned electric grid company TenneT (IPO-TTH.AS) has awarded 11 contracts worth a combined 23 billion euros ($25 billion) to build systems connecting wind farms in the North Sea to shore, it said on Thursday. The contracts are being awarded to consortia led by Hitachi Energy and by General Electric, and caused shares in Petrofac (PFC.L), part of the Hitachi group, to spike as much as 73%. TenneT is spending tens of billions of euros over the next decade to connect North Sea wind farms to the electric grid in Germany and the Netherlands. The other consortium of Hitachi Energy (6501.T) and London-based Petrofac Ltd said it had signed a 13 billion euro agreement for six projects. The Dutch and German governments are in talks for Germany to buy TenneT's German operations in light of the company's massive investment needs, estimated at over 100 billion euros in the coming decade.

☆ London's FTSE 100 up for fourth day, Petrofac leads smallcaps higher
▼ + stars: | 2023-03-30 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

The FTSE 100 (.FTSE) rose 0.5%, while the FTSE 250 (.FTMC) added 1.1% by 0841 GMT. With a day left for the end of the first quarter of the year, the FTSE 100 is on track for gains of 2%, while the mid-cap index is likely to have a muted end. Top performing sectors this quarter include the FTSE 350 aerospace and defence (.FTNMX502010), construction and materials (.FTNMX501010) and retailers (.FTNMX404010). The FTSE 350 Automobiles and Parts sector (.FTNMX401010) added 2.5% and is among top-performing sectors this quarter. Moonpig Group PLC (MOONM.L) added 17.9% after the online card retailer said it expects revenue to expand across 2024.

LIC and EPFO have combined assets under management of 50 trillion rupees ($604.87 billion). The power and finance ministries, the LIC, PFC and REC did not reply to emails seeking comment. A third government official said the finance ministry was looking at steps to push climate financing. "The investment committee of LIC will have the flexibility to tweak their investments accordingly," Singh said. The power ministry has asked the three power financiers to extend foreign currency loans to Indian borrowers for payment to overseas vendors in order to save hedging costs.

☆ France may be the next country to send its tanks to Ukraine, but officials worry they could be 'a poisoned chalice'
▼ + stars: | 2023-01-26 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

France is also considering sending its Leclerc tanks to Ukraine. A French Leclerc tank during an exercise in Germany in November 2019. Some claim it performed better than the M1 Abrams tanks that Saudi Arabia has used in that conflict. The Leclerc's lighter weight may make it more maneuverable than the other Western tanks headed to Ukraine. But other than Rafale jet fighters, the most powerful weapon — symbolically and militarily — that France could provide would be Leclerc tanks.

☆ 3 active-duty Marines who work in intelligence arrested over alleged participation in the January 6 riot
▼ + stars: | 2023-01-20 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +8 min

Three Marines were arrested Wednesday in relation to the US Capitol riot on January 6, 2021. All three Marines work in jobs connected to the intelligence community. All three Marines, who were arrested more than two years after the attack, work in jobs connected to the intelligence community. Records provided by the Marine Corps show that among his awards was a Navy and Marine Corps Commendation Medal, an unusual and prestigious medal for a junior Marine. However, the men are not the only members of the intelligence community to be arrested for their alleged part in the siege.

☆ Hitachi and Petrofac to work on TenneT offshore power conversion stations
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: 1 min

AMSTERDAM, Jan 13 (Reuters) - TenneT, the Dutch-German electricity grid operator, has struck an agreement for Hitachi Energy (6501.T) and Petrofac (PFC.L) to work on two 2 gigawatt (GW) conversion stations it is planning in the North Sea, the company said on Friday. Financial terms were not disclosed, but TenneT said it expects to award full framework contracts this quarter. TenneT is building the conversion stations to collect electricity from offshore wind farms and send it onshore efficiently. The company has been engaged to connect about two thirds of the 65 GW in offshore wind capacity targeted by Germany, the Netherlands, Denmark and Belgium by 2030. (This story has been refiled to fix the typo in Hitachi in the headline)Reporting by Toby Sterling Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

☆ FTSE 100 tracks global risk-off mood; Petrofac plummets
▼ + stars: | 2022-12-20 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

SummarySummary Companies FTSE 100 down 0.2%, FTSE 250 down 0.6%Petrofac plummets to all time lowSage group slumps to bottom of FTSE 100Dec 20 (Reuters) - UK's export-oriented FTSE 100 index fell on Tuesday as investors turned risk-averse after the Bank of Japan unexpectedly tweaked its monetary policy, while oil services provider Petrofac dropped to an all-time low. The blue-chip FTSE 100 (.FTSE) fell 0.2%, while the mid-cap FTSE 250 was off 0.6%. The Europe-wide STOXX 600 index (.STOXX) was down 0.5%. Weighing on global equities, the Bank of Japan widened long-term yield controls that allow long-term interest rates to rise more. Reporting by Johann M Cherian in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ Why aluminum plants in the U.S. are far more polluting than some of their counterparts abroad
▼ + stars: | 2022-12-06 | by ( Phil Mckenna | Inside Climate News | ) www.nbcnews.com time to read: +15 min

A plant worker uses a crane to lift a cask of molten aluminum a Century Aluminum Company plant in Hawesville, Ky. in 2017. Of the five remaining facilities, only the Century Aluminum Sebree plant in Robards, which employs 625 workers, and a smaller Alcoa plant in Massena, New York, run at full capacity. Phillip McKenna/NBC NewsSteinsen, of Century Aluminum, said the company has no plans to shut down its Sebree facility in Robards. In 2015, when the U.S. aluminum production was in steep decline, the EPA ended its industry partnership. In 2019, 7,510 metric tons of PFCs were emitted from global aluminum production, according to a study published last year in the Journal of Geophysical Research — Atmospheres.

☆ Aluminum plants in the U.S. are releasing tons of a highly potent greenhouse gas, unlike their counterparts abroad
▼ + stars: | 2022-12-06 | by ( Phil Mckenna | Inside Climate News | ) www.cnbc.com time to read: +7 min

In written testimony submitted to the U.S. International Trade Commission in 2017, Century Aluminum executives said aluminum producers were being "decimated" by "unfair practices of Chinese aluminum producers." "The continued viability of the aluminum industry outside of China, and especially in the United States, is dependent upon a prompt and effective solution to China's overcapacity and overproduction." Steinsen, of Century Aluminum, said the company has no plans to shut down its Sebree facility in Robards. A spokesperson for the agency said, "EPA continues to track facility specific emissions from the aluminum industry through the Greenhouse Gas Reporting Program." In 2019, 7,510 metric tons of PFCs were emitted from global aluminum production, according to a study published last year in the Journal of Geophysical Research — Atmospheres.

☆ Petrofac CEO to step down, shares fall
▼ + stars: | 2022-11-22 | by ( Radhika Anilkumar | ) www.reuters.com time to read: +2 min

SummarySummary Companies CEO Sami Iskander to step down end of MarchTo be replaced by senior McDermott executive Tareq KawashShares down 3.2%Nov 22 (Reuters) - Oilfield services provider Petrofac Ltd (PFC.L) said on Tuesday that Sami Iskander would step down as chief executive officer at the end of March 2023 and be replaced by Tareq Kawash, a senior executive at energy firm McDermott. Shares in Petrofac, which did not give a reason for Iskander's planned departure, were down 3.2% at 0855 GMT. "PFC's balance sheet will come under renewed scrutiny," analysts at Jefferies said in a note. He will take over as Petrofac CEO on April 1. Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio D'Souza and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Forum, founded in 1948 to ensure that Mexican American World War II veterans could access their government benefits. “Latinos have a long and honorable tradition of military service,” he said, “only somehow it is not as well-known as that of other groups. According to the Department of Veterans Affairs, there are nearly 1.3 million Latino veterans, or about 8 percent of the veteran population. Issues for Latino veterans, Vazquez-Contes noted, range from accessing medical care through the Veterans Administration system to homelessness to suicide. “The promotion rates for the top enlisted ranks, and the top officer ranks, are just basically void of Hispanic names.”Ricardo Aponte of the Hispanic Veterans Leadership Alliance.

☆ The Ukraine war has often been a grinding artillery battle. These are the big guns being sent in to pound Russian forces.
▼ + stars: | 2022-11-02 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Its array of 122 mm, 152 mm and 203 mm cannon mirrored those used by Russia's military. Denice LopezGermany and the Netherlands have already delivered 10 of the German-designed Panzerhaubitze 2000 armored self-propelled 155 mm howitzers to Ukraine. 1st Class Mikki SprenkleFrance's Caesar is a 155 mm howitzer mounted on a six-wheeled truck. Jacob BradfordThe Zusana-2 is a Slovakian wheeled 155 mm self-propelled howitzer. RCH-155The turret of the RCH 155, armed with a 155 mm gun, is unmanned and controlled from the drive module.

☆ 18-year-old Marine recruit dies after collapsing during training
▼ + stars: | 2022-10-10 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

SAN DIEGO — An 18-year-old Marine recruit died last month after collapsing during training at Southern California’s Camp Pendleton, military officials said in a weekend statement. Javier Pong “became unconscious and unresponsive” while “conducting scheduled training” on Sept. 27 at the base near San Diego, according to a Marine Corps statement Saturday. Gen. Jason Morris, the commanding general of Marine Corps Recruit Depot San Diego, said the Marines are investigating Pong’s death. Javier Pong as he pursued his journey to become a United States Marine,” Morris said in the statement. The Marines did not immediately respond to the Union-Tribune’s questions about what type of training recruits were engaged in when Pong collapsed.

☆ Asociația Obștească „Nord Press Club” invită agenții economici interesați să participe la procedura de achiziție a echipamentelor IT
▼ + stars: | 2021-07-07 | by ( Alte Articole | ) www.civic.md time to read: +3 min

A N U N Ț / I N V I T A Ț I EDenumirea entității contractante: Asociația Obștească „Nord Press Club”, c/f: 1020620002357 Obiectul achiziției: Achiziționarea echipamente și softuri Sursa alocației: Proiect realizat de Asociația Obștească „Nord Press Club” finanțat de Ambasada SUA Termen de livrare: 20 zile calendaristice Locul livrării: mun. IMPORTANT:Ofertele vor fi prezentate la Cota TVA zero, documentele confirmatorii vor fi prezentate companiei selectate în cadrul procesului de evaluare a ofertelor comerciale. Agenții economici interesați pot obține informații suplimentare la adresa indicată mai jos:denumirea autorității contractante: Asociația Obștească „Nord Press Club”telefonul: 068303090. E-mail: nordpressclub@gmail.comNumele și prenumele persoanei responsabile: Viorica BuguleanDepunerea ofertelor:Termenul de depunere a ofertelor: 17 iulie 2021, ora 17.00. Ofertele vor fi depuse online la adresa: nordpressclub@gmail.com, cu titlul: Ofertă de preț echipamente și softuri, denumirea companieiOfertele întârziate vor fi respinse.

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