Nordic American Tankers Limited (NYSE:NAT) Increased ownership in Nordic …

HAMILTON, Bermuda, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Nordic American Tankers Limited ("NAT") announced that it has today entered into an agreement to purchase 1,521,300 shares in Nordic American Offshore Ltd. ("NAO"), increasing the NAT shareholding in NAO from 4,496,980 to 6,018,280 shares or from 19.8% to 26.5% ownership, which was the NAT ownership in NAO when the latter company was established in the autumn of 2013 and listed on the Oslo OTC (over-the-counter) exchange. The NAO shares were bought Read more [...]

Olympia sale expected to surpass £300m

Email the editor Olympia exhibition centre is expected to be sold for more than £300 million following speculation it has been listed for sale by owner Capital Counties (Capco) this week. The venue, which reported a growth of 200 per cent in events in 2015, is reportedly being sold alongside an adjacent site with planning permission for a hotel and 90 flats, though Capco is yet to confirm the sale. In a Read more [...]

Sleeping naked in a hotel room is ‘perfectly safe’, travellers report

Wannabe or first-time travellers have been quizzing global jet-setters online in an attempt to find out the answer to a mystifying question – whether it is really safe to sleep naked in a hotel room.  Some of the travel 'experts' talked of hygiene, addressing fears over bed bugs, flying insects, fleas or simply "other people's stuff". Others spoke with authority on fire and crime; namely, what to do if you're ever caught at risk, unawares – and in the buff.  And the general Read more [...]

Sun Global unveils first UK-listed Indian bond ETF

Sun Global Investments has teamed with Zyfin Holdings to launch the first Indian fixed income ETF available to UK investors. LAM Global ZyFin India Sovereign Enterprise Bond Ucits ETF will seek AAA opportunities in government-backed corporate bonds. Indian sovereign owned enterprises (SOEs) are corporations ‘of national interest’ in which the government owns a stake in excess of 51%. The fund aims to provide international investors with access to yields of around 7%, targeting Read more [...]

Marks & Spencer phone number listed on Google belongs to South Wales family

Richards family inundated with calls from Marks Spencer customersFamily's home number is listed on Google as being superstore's numberFather owns firm called MS Security Systems - causing confusion onlineFamily say they are being driven 'up the wall' by constant calls about store opening times, job possibilities, and people checking if goods are in stockBy Emma Glanfield for MailOnline Published: 10:35 GMT, 12 November 2015 | Updated: 12:02 GMT, 12 November 2015 Read more [...]

Commission rebuffs closing F Street for events

The Encinitas Traffic and Public Safety Commission on Nov. 9 roundly rejected a proposal to close F Street, between Coast Highway 101 and Fourth Street, for the Encinitas Station Farmers Market and Classic Car Cruise Nights. In voting unanimously to reject the idea, the commission directed staff to explore other downtown streets that could be potentially shuttered for events.“I like the concept, just not here,” Commissioner Brian Grover said. Commissioner Charlie Lisherness said in light of staunch Read more [...]

US-listed Chinese shares fall ahead of MSCI inclusion

NEW YORKChinese stocks that trade on U.S.-listed exchanges were mostly lower on Wednesday, even as investors expect indexer MSCI to add some well-known company stocks to its emerging market indexes.Weak earnings, falling oil prices, and cautious comments from Alibaba Group CEO Jack Ma caused China-based company shares to weaken a bit. Alibaba, one of the largest U.S.-listed Chinese companies, lost 1.8 percent.Indexes tracking overseas-listed shares, known as American Depository Receipts (ADR), Read more [...]

Fans encouraged to arrive early to assist traffic, parking at weekend events

UNIVERSITY PARK, Pa. — Penn State fans planning to attend any of the nine home events scheduled for this weekend (Nov. 13-15) are encouraged to arrive on campus early in order to assist traffic flow and parking. On Friday, Nov. 13, Penn State will be hosting five events starting from 5-7 p.m., with three of the competitions in close proximity to each other. On Saturday, the Nittany Lions will be hosting three events in the morning and afternoon, including two across the street from each other. Read more [...]

Alibaba’s Singles’ Day sales up 60% to more than $14bn

Alibaba Group’s sales for its Singles’ Day shopping festival have topped $14bn (£9bn), a 60% rise on the Chinese e-commerce giant’s performance a year ago. The numbers were boosted this year by adding the sales from various new channels, including its affiliates and investees. Overall sales on Wednesday reached 91.2bn yuan ($14.3bn/£9.4bn). The results are preliminary and unaudited, Alibaba said. Of the total value of transactions, 68% came through orders placed on mobile devices. Six Read more [...]

Re-think is urged after Harrogate council fails to sell 1930s listed office …

Council bosses in Harrogate should ask the public for new ideas about the future of the historic Crescent Gardens offices after it failed to sell the building, the opposition leader has said. Harrogate Borough Council revealed it has failed to sell the landmark Crescent Gardens office building after a deal with the preferred bidder, thought to be a hotel developer, fell through. The council has already started work building a new state-of-the-art office complex at Knapping Mount. In Read more [...]