Shawcor sells substantial part of pipeline and pipe services business for $220M
Published Wed, 06 Nov 2024 08:54:41 GMT
TORONTO — Shawcor Ltd. has signed a deal to sell a substantial part of its pipe coating division to Tenaris S.A. for about $220 million.Chief executive Mike Reeves says that once complete, the transaction, combined with others and a few remaining non-material actions, will conclude its strategic review process.Shawcor announced a plan last year to change its name to Mattr and launched a strategic review of its pipeline and oilfield asset management divisions. The sale includes operations in Canada, the U.S., Mexico, Norway, the UAE and Indonesia, several mobile concrete coating plants, its joint-venture interest in Azerbaijan, research and development operations in Toronto and Norway and intellectual property.The company says the deal does not include its pipeline performance group business in Malaysia, Italy, the United Kingdom and Brazil, that it remains committed to sell.The transaction is subject to customary closing conditions, including regulatory approvals, which the company ...Militia clashes rock Libya’s capital leaving civilians trapped, health ministry say
Published Wed, 06 Nov 2024 08:54:41 GMT
CAIRO (AP) — Clashes between rival militias in the Libyan capital have left residents trapped in their homes unable to escape the violence, the country’s health ministry said Tuesday, in what appears to be the most intense bout of fighting to rock Tripoli this year.According to local media, fighting broke out between the 444 brigade and the Special Deterrence Force late Monday evening. Tensions flared after the head of the 444 brigade was allegedly detained by the other force at an airport in Tripoli earlier Monday, media reported.In a statement, the Libyan Health Ministry called on the warring sides to allow ambulance and emergency teams to enter the affected areas — primarily in the south of the city — and for blood to be sent to nearby hospitals. It remains unclear how many casualties there are. Libya’s Red Crescent has not responded to The Associated Press’ request for comment.OPSGroup, an organization for the aviation industry, said late Monday that a large number o...Israeli West Bank raid kills 2 Palestinians and a court releases a settler charged in shooting death
Published Wed, 06 Nov 2024 08:54:41 GMT
TEL AVIV, Israel (AP) — Israeli forces shot and killed two Palestinians, including a 16-year-old, in a raid in the occupied West Bank on Tuesday, Palestinian health officials said, the latest violence to shake the region.Some of that violence has been perpetrated by radical Jewish settlers in the West Bank and on Tuesday, an Israeli court released from detention a Jewish settler allegedly involved in the shooting death of a 19-year-old Palestinian, placing him under house arrest. Yehiel Indore’s release follows the release from detention last week of another settler accused of involvement in the same incident who was also transferred to house arrest. Israel has been carrying out near-nightly raids in the West Bank since last year in response to a spate of Palestinian attacks, fueling tensions in the region and sending the death toll soaring. Tuesday’s developments come amid a spike in attacks on Palestinians by radical Jewish settlers, settlement expansion and as Israel ...Kenya launches an inquiry into alleged abuses by a British Army training unit – including a murder
Published Wed, 06 Nov 2024 08:54:41 GMT
NAIROBI, Kenya (AP) — A Kenyan parliamentary committee has launched an inquiry into alleged human rights violations and ethical breaches by a British Army training unit active for decades in what the UK calls “our defense partner of choice in East Africa.”Britain’s Ministry of Defense didn’t immediately respond to a request for comment on Tuesday.The British have roughly 200 military personnel permanently based in Kenya, most of them training more than 1,000 Kenyan soldiers a year before their deployment to neighboring Somalia to combat al-Qaida’s longtime East Africa affiliate, al-Shabab. The British government invests more than 1.1 billion Kenyan shillings ($9.6 million) every year into the partnership.But some Kenyans have raised concerns about the way British forces treat locals as well as the environment during the military training in arid, bandit-plagued areas north of Mt. Kenya. In late 2021, Kenyan police said they were reopening the case of a local woman, Agnes Wanji...Poland showcases military might in a parade as war rages in neighboring Ukraine
Published Wed, 06 Nov 2024 08:54:41 GMT
WARSAW, Poland (AP) — Poland staged a military parade on Tuesday to showcase its state-of-the-art weapons and defense systems, as war rages across its southeastern border in neighboring Ukraine and ahead of parliamentary elections scheduled for Oct. 15.Crowds gathered in scorching temperatures expected to reach 35 degrees Celsius (95 degrees Fahrenheit) to see U.S.-made Abrams tanks, HIMARS mobile artillery systems and Patriot missile systems, as well as South Korean FA-50 fighter jets and K9 howitzers.Since Russia launched its invasion of Ukraine in February 2022, Poland’s right-wing government has spent more than $16 billion on tanks, missile interceptor systems and fighter jets, many purchased from the U.S. and South Korea.Poland, a NATO member, supports Kyiv in its war against Russia.The parade was held in Poland’s capital on the anniversary of the 1920 Battle of Warsaw, in which Polish troops defeated Bolshevik forces advancing on Europe.The military upgrades have bolster...Vast swath of northeastern China threatened by flooding as rivers rise above warning levels
Published Wed, 06 Nov 2024 08:54:41 GMT
BEIJING (AP) — A vast swath of northeastern China is threatened by flooding as at least 90 rivers have risen above warning levels and 24 have already overflowed their banks, state media reported Tuesday. Crews are standing by to defend homes and farmland across the Songliao Basin north of Beijing, which encompasses more than 1.2 million square kilometers (482,200 square miles). The area includes parts of four provinces and several major cities with a total population of almost 100 million. Tens of thousands have already been moved to safety. Reservoirs have been partly drained and overflow areas prepared to handle the high waters, the reports said. Ten rivers are already running at historically high levels, they said. Much of China is having a particularly damp summer, with 142 people killed by flooding in July and dozens more this month. In the western city of Xi’an, the death toll from a landslide rose by three to 24 on Tuesday with three others still missing. Rescue teams totalin...Why tensions have been growing along NATO’s eastern border with Belarus
Published Wed, 06 Nov 2024 08:54:41 GMT
WARSAW, Poland (AP) — Poland is deploying thousands of troops to its border with Belarus, calling it a deterrent move as tensions between the two neighbors ratchet up. Those tensions between Poland — a NATO and European Union country — and Belarus, which is Russia’s ally in its war on Ukraine, have been building up in recent months on the border. Here is why: ORIGINS OF THE TENSIONSPoland has been backing the Belarusian opposition ever since the 2020 presidential elections, where pro-Russian Belarusian leader Alexander Lukashenko won a sixth term in a vote that Poland and the wider Western community saw as rigged. In 2021, Belarus began organizing and pushing thousands of migrants from the Middle East and Africa across the border into Poland. The move is seen by Poland and the EU as planned with the Kremlin and intended to cause instability in Europe. Poland’s right-wing government, hostile to the idea of accepting migrants, built a $400,000 wall that substantially reduced the...Home Depot tops expectations again, but signs of spending pullback by Americans
Published Wed, 06 Nov 2024 08:54:41 GMT
ATLANTA (AP) — Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline as inflation and soaring interest rates play a larger role in the spending choices made by Americans. Second quarter revenue was $42.92 billion, edging out Wall Street expectations for $42.25 billion, according to a survey of industry analysts by Zacks Investment Research. Yet that’s down 2% from the $43.87 billion that nation’s largest home improvement retailer reported during the same stretch last year, and sales have fallen 3.1% through the first half of the year compared with 2022. Despite the stronger-than-expected sales figures, Home Depot on Tuesday stuck to previous guidance for the year, seeing sales decline between 2% and 5%, after lowering its forecast in the last quarter. It’s the first time the chain forecast declining annual sales since 2009 when the U.S. economy was decimated by a massive housing bubble. There are signs that consu...Search underway in Winnetka for missing swimmer in Lake Michigan
Published Wed, 06 Nov 2024 08:54:41 GMT
WINNETKA, Ill. — A search is underway Tuesday morning for a missing swimmer in Lake Michigan in Winnetka.Emergency personnel have been at Elder Lane Beach for several hours searching for a man in his early 20s.Fire officials received a call around 2:15 a.m. after three men went into the lake near the pier to go swimming. One of them was reportedly pulled under and has not yet resurfaced.Winnetka Fire Chief John Ripka said crews started shore searches immediately after they got the call. Authorities attempted to launch a boat but the waves, estimated to be between six and eight-feet currently, have made it too dangerous to have a boat in the water.Due to the high waves, divers have not been able to search the water either. Hawaii works to identify 99 confirmed dead after Maui wildfires as teams intensify search Ripka said they called in the US Coast Guard for assistance, which responded by boat.After some challenges due to weather and winds, their helicopter is up and helping with ...Hawaii works to identify 99 confirmed dead after Maui wildfires as teams intensify search
Published Wed, 06 Nov 2024 08:54:41 GMT
LAHAINA, Hawaii (AP) — Hawaii officials worked painstakingly to identify the 99 people confirmed killed in wildfires that ravaged Maui and expected to release the first names Tuesday, even as teams intensified the search for more dead in neighborhoods reduced to ash.A week after a blaze tore through historic Lahaina, many who survived have started moving into hundreds of hotel rooms set aside for displaced locals.Crews using cadaver dogs have scoured about 25% of the search area, the police chief said Monday. Gov. Josh Green asked for patience and space to do the search properly as authorities became overwhelmed with requests to visit the burn area. “For those people who have walked into Lahaina because they really wanted to see, know that they’re very likely walking on iwi,” he said at a news conference on Maui, using the Hawaiian word for “bones.” Just three bodies have been identified so far and officials will start releasing names on Tuesday, according to Maui Police Chief John ...Latest news
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