Showing posts with label Battles. Show all posts
Showing posts with label Battles. Show all posts

Monday, March 24, 2014

IBM India Battles Fraud Amid Scramble To Save Its $2.5B Airtel Contract

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IBM India Battles Fraud Amid Scramble To Save Its $2.5B Airtel Contract

Friday, January 3, 2014

Over 100 killed in Iraq insurgency battles

At Not Just The News, the privacy of our visitors is of extreme importance to us (See this article to learn more about Privacy Policies.). This privacy policy document outlines the types of personal information is received and collected by Not Just The News and how it is used.


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Like many other Web sites, Not Just The News makes use of log files. The information inside the log files includes internet protocol (IP) addresses, type of browser, Internet Service Provider (ISP), date/time stamp, referring/exit pages, and number of clicks to analyze trends, administer the site, track user"s movement around the site, and gather demographic information. IP addresses, and other such information are not linked to any information that is personally identifiable.


Cookies and Web Beacons


Not Just The News does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.


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  • Google, as a third party vendor, uses cookies to serve ads on Not Just The News.

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Over 100 killed in Iraq insurgency battles

Saturday, November 16, 2013

SMALL CAP MOVERS: Buoyant technology sector gears up for takeover battles

SMALL CAP MOVERS: Buoyant technology sector gears up for takeover battles
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By Jamie Ashcroft, Proactive Investors


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Investors in small cap technology companies can look forward to a new wave of consolidation driven activity, as takeover speculation adds to what has already been a buoyant year for the sector.


Perhaps unsurprisingly, given the volatility in commodity markets, small cap technology shares have generally outperformed their natural resource harvesting peers on AIM.


Throw into the mix a rejuvenated appetite for new technology listings and share sales and it is clear that technology firms big and small are enjoying a renaissance.


Buoyant year: Small cap technology shares have generally outperformed their natural resource harvesting peers on AIM

Buoyant year: Small cap technology shares have generally outperformed their natural resource harvesting peers on AIM



On AIM this week, the spotlight was on Belfast-based high-end imaging specialist Andor Technology, which met Oxford Instrument’s £160mln advance with an aloof response.


Andor says it is willing to negotiate takeover proposals, however, it described the publicising of an indicative 500p per share offer as ‘premature and unhelpful’.


The market reckons there’s still more to come and that other suitors may yet make a play for the company. Andor shares gained 25 per cent this week.


This could just be the first of many takeover battles, according to Steve Asfour, market maker at FinnCap Securities.


‘I’m surprised we haven’t seen more [deals in the sector] already,’ he said.


‘There are a lot of technology stocks that are trading at big discounts to where we feel they should be. The technology and bio-pharma sector has been very buoyant recently. I’d be very shocked if there is not more activity.’


“Some of these [larger] companies that are sitting on piles of cash – they’re either going to have to use it or give it back to shareholders. So, I would imagine they’ll be trying to use the war chest now.”


The week’s other technology winners included eye-tracking specialist Seeing Machines, which won another safety system deal for mining trucks.


Drug developer GW Pharmaceuticals moved about 20 per cent higher, whilst telecoms innovator Tangent Communications climbed strongly as well.


Standing at 3,666 the FTSE AIM 100 only managed a marginal rise this week, though trading volumes do remain healthy.


In particular, oil and gas junior San Leon has been a busy stock. One trader reckons most of the stock’s recent sellers have now been mopped up and have been bought up by “safe hands”.


In the recent week’s the firm acquired new near-production assets in Turkey, to supplement its high impact exploration, though an accompanying share placing dampened the enthusiasm for some.


The expectation, now, is that a busy period with lots of newsflow will drive a meaningful rally in the share price.


The trader said: ‘It feels like the majority of the sellers are gone – I’ve taken most of them out!’


Ambitious Irish oil explorer Fastnet revealed a double helping of good news for its prospects in Morocco.


First it unveiled a new assessment of the Tendara Lakbir licence, onshore, near the Algerian border, which supports the belief that it could potentially resemble the giant tight gas fields that the neighbouring country is known for.


The crucial issue for this project, however, is recoverability. The company is confident its plan to deploy modern technologies will work. So much so, an ‘in house’ reckoning gives next year’s drill programme a 75 per cent chance of success.


On Thursday, Fastnet revealed its process to sell a portion of its 18.75 per cent stake in the Foum Assaka offshore project – alongside BP and Kosmos Energy – has moved into the final stages.


The bidding process has now ended, with one potential buyer now entering into an exclusivity agreement so that the finer points of the deal can be negotiated. The identity of the thus far un-named buyer, and the terms of the deal are likely to be revealed next month and the deal will be completed in early 2014 ahead a possible Q1 spud date.


Exploration is, of course, a risky business and investors in AIM quoted Wessex were reminded of this painful fact once again this week as a Shell-led drill campaign offshore French Guiana came to an unsuccessful end – all four wells failed to build on the 2011 success of the Zaedyus discovery well.


Having spurned a £71mln takeover from major exploration partner Total, last March, Wessex shares are worth just £3mln and there are doubts over the micro-caps ability to pay its share of any further work on the very large licence block.


A Chinese supply deal was the catalyst for Atlantic Coal shares. Through an agreement with CIC Brancepeth Coal it will supply at least 100,000 tonnes of anthracite coal a year from its mine in Pennsylvania.


Africa-focused gold explorer Alecto Minerals received a welcome surprise as its team of geologists returned to the Kossanto area of Mali to find a mini gold rush, which has sprung up a village of artisanal miners, had unearthed precisely the kind of high grade gold veins that the company was hoping to pursue in the new field season.


It gives the firm a great start and will help the targeting of holes for the next drill programme, which will get underway before the start of the year.


The tetchy story of Nyota Minerals continued this week as the company tries to close a deal to sell two-thirds of the 3mln ounce Tulu Kapi gold project in Ethiopia for £4.5mln.


First the government confirmed the formal extension of the exploration licence for the project, and, on Friday, shareholders voted against Centamin’s bid to oust chief executive Richard Chase.







Money | Mail Online




Read more about SMALL CAP MOVERS: Buoyant technology sector gears up for takeover battles and other interesting subjects concerning Business at TheDailyNewsReport.com

Tuesday, October 15, 2013

Rangel battles CNN host: Republicans governing the ‘same way they fought as Confederates’

Rangel battles CNN host: Republicans governing the ‘same way they fought as Confederates’
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By David Edwards
Tuesday, October 15, 2013 12:32 EDT


Charles Rangel speaks to CNN







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  • Rep. Charles Rangel (D-NY) on Tuesday attempted to explain to CNN host Ashley Banfield that it was impossible to work with House Republicans in good faith as long as they wanted to “bring down our government” the “same way they fought as Confederates.”


    In an interview following a House Republican press conference announcing a plan that would derail a bipartisan deal in the Senate to bring an end to the government shutdown, Banfield asked Rangel if he could get behind the plan because conservative lawmakers had backed down from wanting to completely defund or delay the president’s health care reform law.


    “This is all about a handful of people who got elected as Republicans that want to bring down our government,” Rangel explained. “You can see it in the streets, you can see where they’re coming from. And the same way they fought as Confederates, they want to bring down the government and reform it.”


    “Whoa, whoa, whoa,” Banfield interrupted. “I’m only assuming you’re referring to the tea party members who are pretty intransigent on their views. Are you likening them to Confederates?”


    “Well, I can tell you this, if you look at the states that they control, take a look at the Dixiecrats, see how they went over to Republican Party,” Rangel pointed out. “I’m telling you one thing, if the Republicans want to bring the government back, if the Republicans want to make certain that this country maintains its fiscal integrity, all they have to do is to accept the Senate [deal].”


    Banfield, however, argued that Republicans were in the majority in the House and that meant Rangel had to “deal with it and negotiate, and that’s what politicking is.”


    Rangel reminded Banfield that the Senate compromise would be tough for Democrats to swallow, “but in an effort to make certain that it reopens government, I’m prepared to do it.”


    “I’ve been dealing with this for three weeks,” Banfield said. “And what I can’t believe is that two weeks ago, we were talking about the complete defunding of Obamacare, a passed law that made it all the way through the Supreme Court. Today, we’re talking about bits and pieces of chipping little wiggle rooms away. And it still seems the intransigence is still as strong as it was two weeks ago. Can’t you look at this in a forest instead of a tree and see how much farther ahead we are from two weeks ago?”


    “Well, you’ve been working on this for three weeks you say and I’ve been working on it for 43 years,” Rangel shot back. “And the way the Constitution is set up, when a bill is passed by the House and the Senate and authorized by the Supreme Court, you don’t use the nation’s fiscal integrity to change the law.”


    “You can!” Banfield exclaimed. “Well, apparently you can. And that is causing us great grief out here in America.”


    “We don’t want this for Obama and we don’t want it for any president,” Rangel insisted. “Republicans or conservatives, to put a gun at the president’s head, saying if you don’t agree with me politically, we’re going to take down the United States of America and those countries that depend on our dollar. That is absolutely ridiculous. It’s not a compromise. It’s a hostage taking.”


    Watch this video from CNN, broadcast Oct. 15, 2013.







    The Raw Story




    Read more about Rangel battles CNN host: Republicans governing the ‘same way they fought as Confederates’ and other interesting subjects concerning Commentary at TheDailyNewsReport.com

Sunday, September 22, 2013

Gun battles at Kenya mall; hostages still held








Trucks of soldiers from the Kenya Defense Forces arrive after dawn outside the Westgate Mall in Nairobi, Kenya Sunday, Sept. 22, 2013. Islamic extremist gunmen lobbed grenades and fired assault rifles inside Nairobi’s top mall Saturday, killing dozens and wounding over a hundred in the attack. Early Sunday morning, 12 hours after the attack began, gunmen remained holed up inside the mall with an unknown number of hostages. (AP Photo/Ben Curtis)





Trucks of soldiers from the Kenya Defense Forces arrive after dawn outside the Westgate Mall in Nairobi, Kenya Sunday, Sept. 22, 2013. Islamic extremist gunmen lobbed grenades and fired assault rifles inside Nairobi’s top mall Saturday, killing dozens and wounding over a hundred in the attack. Early Sunday morning, 12 hours after the attack began, gunmen remained holed up inside the mall with an unknown number of hostages. (AP Photo/Ben Curtis)





Groups of onlookers gather on a road looking down over the Westgate Mall in Nairobi, Kenya Sunday, Sept. 22, 2013. Multiple barrages of gunfire erupted Sunday morning from the upscale Kenyan mall where there is a hostage standoff with Islamic extremists nearly 24 hours after they attacked using grenades and assault rifles. (AP Photo/Ben Curtis)





Relatives help a woman at the Nairobi City Mortuary after she identified the body of a victim of the mall attack in Kenya, Sunday, Sept. 22, 2013. Kenyan authorities said Islamic extremist attackers remain inside the upscale Kenyan shopping mall, holding an unknown number of hostages, after killing at least 39 and injuring 150 during Saturday’s attack. (AP Photo/Khalil Senosi)





A line of soldiers from the Kenya Defense Forces run in front of the Westgate Mall in Nairobi, Kenya Sunday, Sept. 22, 2013. Multiple barrages of gunfire erupted Sunday morning from the upscale Kenyan mall where there is a hostage standoff with Islamic extremists nearly 24 hours after they attacked using grenades and assault rifles. (AP Photo/Ben Curtis)





Kenya security personnel move to their positions as others stand guard outside a shopping mall in Nairobi, Kenya, Sunday, Sept. 22, 2013. Kenya authorities said Islamic extremist attackers remain inside the upscale Kenyan shopping mall, holding an unknown number of hostages, after killing at least 39 and injuring 150 during the Saturday’s attack. (AP Photo/Sayyid Azim)













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NAIROBI, Kenya (AP) — Kenyan military forces engaged in sporadic gun battles Sunday with the Islamic extremists holding an unknown number of hostages inside an upscale Nairobi mall, as officials said the death toll from a grenade-and-gunfire siege a day earlier rose to 59, with at least 175 wounded.


The hostage crisis passed the 24-hour mark and fears rose of a protracted standoff with terrorists using hostages as pawns. Kenyan security forces were seen entering Westgate Mall with at least two rocket-propelled grenades, heavy weaponry for a potential indoor battle with hostages present.


Elite military units were inside the Westgate mall, and volleys of gunfire continued into the afternoon Sunday. Two wounded Kenyan soldiers were seen being carried out of the mall in the morning.


Kenyan security officials didn’t — or couldn’t — say how many people the estimated 10 to 15 terrorists were holding hostage. Kenya’s Red Cross said in a statement citing police that 49 people had been reported missing. Officials did not make an explicit link but that number could form the basis of the number of people held hostage.


Former Kenyan Prime Minister Raila Odinga told reporters at the mall that he had been told officials couldn’t determine the exact number of hostages, amid indications that Israeli military personnel were providing Kenya’s military assistance.


“There are quite a number of people still being held hostage on the third floor and the basement area where the terrorists are still in charge,” Odinga said.


Kenyan security officials sought to reassure the families of hostages inside but implied that hostages could be killed. Interior Cabinet Secretary Joseph Lenku said the security operation was “delicate” because Kenyan forces hoped to ensure the hostages are evacuated safely.


“The priority is to save as many lives as possible,” Lenku said. More than 1,000 people escaped the attack inside the mall on Saturday, he said.


Britain’s prime minister, in confirming the deaths of three British nationals, told the country to “prepare ourselves for further bad news.”


“It’s an extremely difficult situation but we’re doing everything we can to help the Kenyans in their hours of need,” David Cameron said.


More than 175 people were injured in the attack, Lenku said, including many children. Kenyan forces were in control of the mall’s security cameras, Lenku said. Combined military and police forces surrounded the mall in the Westlands neighborhood of Nairobi, an area frequented by foreigners and wealthy Kenyans.


“Violent extremists continue to occupy Westgate Mall. Security services are there in full force,” said the United States embassy in an emergency text message issued Sunday morning advising Americans to stay indoors and close to home.


Somalia’s al-Qaida-linked rebel group, al-Shabab, claimed responsibility for the attack in which they used grenades and assault rifles and specifically targeted non-Muslims. The rebels said the attack was retribution for Kenyan forces’ 2011 push into Somalia.


Al-Shabab said on its new Twitter feed — after its old one was shut down on Saturday — that Kenyan officials were asking the hostage-takers to negotiate and offering incentives.


“We’ll not negotiate with the Kenyan govt as long as its forces are invading our country, so reap the bitter fruits of your harvest,” al-Shabab said in a tweet.


Westgate Mall is at least partially owned by Israelis, and reports circulated that Israeli commandos were on the ground to assist in the response. Four restaurants inside the mall are Israeli-run or owned.


In Israel, a senior defense official said there were no Israeli forces participating in an assault, but the official said it was possible that Israeli advisers were providing assistance. The official, speaking on condition of anonymity because he was discussing a classified military issue, would not elaborate.


Israel has close ties to Kenya going back many years. And in recent years, Israel has identified East Africa as an area of strategic interest and stepped up ties with Kenya and other neighboring countries, due to shared threats posed by al-Qaida and other extremist elements. In 2002, militants bombed an Israeli-owned luxury hotel near Mombasa, killing 13 people, and tried to shoot down an Israeli airliner at the same time.


“We have received a lot of messages from friendly countries, but for now it remains our operation,” Lenku said, adding later: “I want to assure Kenyans that our security agencies are fully in control of the situation.”


President Uhuru Kenyatta — who said he lost his nephew and his nephew’s fiance — visited a hospital Sunday where he shook hands and exchanged words of encouragement with victims. M.P. Shah Hospital Chairman Manoj Shah said Kenyatta appeared visibly distraught at hearing the feelings of all the patients.


“He looked at many of the patients who had bullet wounds, who were suffering shrapnel damage. He shook their hands and wished them well,” Shah said.


Shah said his doctors received 128 patients and performed 28 surgeries to remove bullets and shrapnel in the first 24 hours since the attacks began Saturday.


“We have at least two critical patients currently, one with bullets lodged near the spine,” Shah said. He added that many of the victims_and four of the 19 fatalities at this particular hospital_were children.


Kenyans and foreigners were among those confirmed dead, including British, French, Canadians a Ghanaian and Chinese.


A 38-year-old Chinese woman was killed in the shopping mall “terror attack,” the Chinese Embassy in Kenya said in a statement Sunday. Her son was injured in the attack and in a stable condition in hospital, according to the statement posted on the embassy’s website.


Ghanaian poet and former chairman of the council of state Kofi Awoonor died after being injured in the attack, Ghana’s presidential office confirmed. Ghana’s ministry of information said Awoonor’s son was injured and is responding to treatment.


Kenya’s presidential office said that one of the attackers was arrested on Saturday and died after suffering from bullet wounds.


Britain’s Foreign Office said that Foreign Secretary William Hague has chaired a meeting of Britain’s crisis committee and sent a rapid deployment team from London to Nairobi to provide extra consular support.


The United Nations Security Council condemned the attacks and “expressed their solidarity with the people and Government of Kenya” in a statement.


There was some good news on Sunday, as Kenyan media reported that several people in hiding in the mall escaped to safety, suggesting that not everyone who was inside overnight was being held by al-Shabab.


Cecile Ndwiga said she had been hiding under a car in the basement parking garage.


“I called my husband to ask the soldiers to come and rescue me. Because I couldn’t just walk out anyhow. The shootout was all over here — left, right— just gun shots,” she said.


Security forces had pushed curious crowds far back from the mall. Hundreds of residents gathered on a high ridge above the mall to watch for any activity. Police lobbed multiple rounds of tear gas throughout the day at hundreds of curious Kenyans who gathered near the mall.


___


Associated Press reporters Tom Odula and Jacob Kushner in Nairobi, Kenya; Josef Federman in Jerusalem; Louise Watt in Beijing; and Cassandra Vinograd in London contributed to this report.


Associated Press




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Gun battles at Kenya mall; hostages still held

Thursday, August 15, 2013

India battles to refloat submarine





Locals describe hearing a sound “like a jet engine” when the blasts happened, as Yogita Limaye reports



Indian divers and rescue workers are battling to refloat a submarine in a Mumbai dockyard, after two explosions led to a fire early on Wednesday.


About 18 sailors were board but there has been no contact with possible survivors and India’s navy chief warned the country to “prepare for the worst”.


Divers have so far opened one hatch of the partially-submerged vessel.


An inquiry into the incident is under way as efforts continue to pump out water to bring the boat to the surface.


It is not clear what caused the blasts on the diesel and electricity-powered INS Sindhurakshak. Sabotage has not been ruled out, although officials say that looks unlikely at this stage.


As India marks Independence Day, officials were not optimistic about the crew’s chances of survival.


Naval chief DK Joshi said it was possible those on board may have found air pockets but “the indicators are negative”.


“While we hope for the best, we have to prepare for the worst,” he told reporters.





Navy divers standing on the INS Sindhurakshak submarine prepare to dive into the waters of the Arabian Sea, during a rescue operation in Mumbai August 14, 2013.On Monday navy divers managed to open the first hatch of the damaged submarine but there has yet to be contact with any of the crew on board


An elevated view shows the Indian Navy ships docked at the naval dockyard in Mumbai August 14, 2013The incident took place after midnight at the busy naval dockyard


The Naval dockyard in Mumbai on 14 August 2013As the emergency services rushed to the scene, it emerged that the explosion and fire had trapped a number of crew members, who are feared dead


Indian navy sailors walk at the naval dockyard where a submarine caught fire and sank after an explosion early Wednesday in Mumbai, India, Wednesday, Aug. 14, 2013Navy divers and fire-fighters remained at the scene, which was visited by India’s Defence Minister later in the day.


The Naval dockyard in Mumbai on 14 August 2013An inquiry has been ordered into the causes of the incident





‘Shocking tragedy’

Two huge explosions took place on board the INS Sindhurakshak after midnight on Tuesday. Firefighters spent four hours putting out the ensuing blaze.


The force of the explosions badly damaged the vessel, which sank, and it remains partially submerged at its berth.





Amateur video shown on Indian television showed a large fireball illuminating the sky



Dramatic images on Indian television showed a large fireball illuminating the sky. Smoke from the blaze could be seen in many parts of the city. Many sailors managed to jump to safety after the blast and some were taken to hospital.


The Russian-built vessel had recently been upgraded at a cost of $ 80m (£52m) and it may have been armed with missiles and torpedoes.


Russian firm Zvyozdochka, which refitted the submarine, said the vessel had been fully operational when it was returned to India in January.


On Wednesday Indian Defence Minister AK Antony visited the site. Describing the events as a “shocking tragedy”, he offered his condolences to relatives of those who may have perished.


The INS Sindhurakshak is one of the 10 Kilo-class submarines bought from Russia between 1986 and 2000. It is equipped with Russian Club-S cruise missile systems.



INS Sindhurakshak timeline


  • 1997: INS Sindhurakshak procured by Indian navy, one of the 10 vessels in the Kilo-class submarines bought from Russia between 1986-2000

  • February 2010: A fire that broke out in its battery compartment kills one sailor

  • August 2010: Submarine sent for re-fit to equip it with cruise missile systems

  • June 2012: Refit completed with refurbished hull and 10 years added to its 25-year service life

  • October 20102: Sea trials begin for submarine

  • 14 August 2013: Submarine hit by explosion and fire with sailors trapped inside


The submarine was sent to Russia for the refit in 2010 after a sailor on board was killed by a fire that broke out in the battery compartment while the submarine was docked at the Vishakhapatnam naval base in February that year.


Correspondents say that India has steadily developed its naval capabilities in recent years, motivated by its rivalry with neighbouring China. But the country’s military has encountered numerous scandals and difficulties as it has done so.


Wednesday’s explosions came two days after India’s navy launched its first home-built aircraft carrier, hailed by defence officials as a “crowning glory”.


And on Tuesday India’s federal auditor suggested that the government might have paid too much for 12 helicopters from Anglo-Italian company Agusta Westland, saying procurement procedures designed to ensure value for money were not properly followed.


Last year, India bought a Russian Nerpa nuclear submarine for its navy on a 10-year lease from Russia at the cost of nearly $ 1bn, making it part of a small group of nations to operate nuclear-powered submarines.


India and Russia are long-time allies and Russia supplies about 70% of India’s military hardware.




BBC News – Asia



India battles to refloat submarine