Listed water firm borrowing P10B to fund higher capex

Manila Water Chief Financial Officer Luis Juan B. Oreta told reporters the company was planning to borrow locally to fund a higher capex for the year. “We need to raise around P10 billion and we plan to raise funding locally. Our capex for the year will include funding for projects including looking for new water sources,� said Mr. Oreta in an interview at the sidelines of the inauguration of a new sewage treatment plant. He said the company wanted to focus on finding new sources Read more [...]

Tyner eyeing Festival runs

(UKPA) – 3 hours ago Whatwillwecallher is set to go for the top fillies' and mares' bumpers this spring following her impressive victory at Limerick on Wednesday.Trainer Robert Tyner is eyeing races at the Aintree and Punchestown Festivals for the six-year-old after she swept home 18 lengths ahead of her nearest rival in an 18-runner contest."She seems good. She`s in the big fillies bumper in Punchestown. She was going for that last year, but she got a little setback and we didn`t get to run Read more [...]

Caixa May Shift Banking to Listed Holding Company Criteria

La Caixa, the second-biggest Spanish savings bank, may shift its banking business to Criteria CaixaCorp SA, its publicly traded holding company. The boards of the two companies will meet today to analyze and possibly approve such a step, Barcelona-based Criteria said in a filing to regulators today. They’ll make an announcement later on any decision, Criteria said. Shifting the banking assets to the holding company would open up new Read more [...]

Kristen Stewart, Viggo Mortensen Short-Listed For ‘Snow White’ Roles

Kristen Stewart certainly has the looks to pull off playing Snow White on the big screen thanks to her dark hair, big eyes and milky complexion. According to The Hollywood Reporter, the actress is being courted to play the part in the big-screen adaptation of the beloved fairy tale, "Snow White and the Huntsman." Viggo Mortensen ("The Road") and Academy Award winner Charlize Theron are also reportedly being considered for the roles of the huntsman and the evil queen. THR further reports that Read more [...]

Carlyle bulks up with Dutch AlpInvest buyout

By Aaron Gray-Block AMSTERDAM | Wed Jan 26, 2011 1:31pm EST AMSTERDAM (Reuters) - Private equity firm Carlyle Group CYL.UL said it would buy Dutch-based private equity fund of funds AlpInvest Partners, Europe's largest, to bulk up its product menu and attract more money from investors. The deal would make Carlyle the world's largest private equity firm by assets under management, ahead of Blackstone (BX.N), and provide a springboard for AlpInvest Read more [...]

Sentences handed down in burglaries

STEUBENVILLE - Brian L. Wood II, 31, who has addresses listed in Empire and Wellsville, was sentenced to six years in prison on Tuesday by Jefferson County Common Pleas Judge David Henderson after Wood pleaded guilty to the burglary of two houses and a business.Wood pleaded guilty to two counts of burglary, two counts of safecracking, four counts of theft and one count of breaking and entering.The Jefferson County Sheriff's Department reported Wood was charged with the break-in and thefts from Read more [...]

Top global unlisted oil and commodities traders

LONDON: Independent trading houses are among the most active players in global energy and commodity markets but are not yet household names outside of the industry. That could change in the case of the world's biggest commodities trader Glencore which has enjoyed a surge in value to around $60 billion as it contemplates an initial public offering. That value placed on it by Liberum Capital would place it among the 15 biggest FTSE-listed companies if it were to secure a London listing. Louis Dreyfus Read more [...]

Broadcasters are under pressure to advertise, says Ten Cricket official

The high cost of broadcasting rights, the low subscriber prices for TV channels and under-declaration by cable operators have created greater pressure on cricket broadcasters to generate revenue through ad sales, Atul Pande, a top official of the organisation owning the Ten Cricket channel, has said. Ten Cricket was issued a show-cause notice by the Indian government's Information and Broadcasting Ministry for violating the country's advertising codes during its coverage of India's Read more [...]

Bath Lodge Castle

What is it?Originally constructed in 1806 as the principal of six gate lodges to one of the largest estates in England, Bath Lodge Castle is a Grade II Listed fortress featuring towers, battlements and a portcullis (a latticed grille or gated entrance). Bath Lodge was previously a bed and breakfast before it launched to the events market. What’s it got?Bath Lodge Castle was refurbished in December 2010 and the restoration included new catering facilities, the creation of a bedroom and bathroom Read more [...]