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Luxembourg, India spar over Arcelor takeover bid

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Luxembourg, India spar over Arcelor takeover bid

Posted on January 30, 2022January 31, 2022 by Admin

Thursday, March 30, 2006

Several weeks ago Netherlands based company Mittal Steel made a takeover bid for Arcelor, prompting legislation from Luxembourg (5.6% owners of Arcelor, the largest stockholders) and cries of discrimination from India.

Mittal is owned by the world’s fifth wealthiest man, Laskshmi Mittal, an Indian. After the takeover bid, the Luxembourg Chamber of Commerce attempted to introduce new rules that would stop companies with less than 25% of their shares in free float from making a cash and bid offer for a company whose location is in Luxembourg. India news reports then claimed that this was a discriminatory action because Laskshmi Mittal is an Indian.

Luxembourg officials have disputed this, stating that their actions were only due to the need to comply with EU legislation. The country’s minister for economy and foreign trade, Leannot Krecke, stated, “The government will have no role in impeding the bid. We intend to bring the takeover bill in May to put in the best international practices in our economy.” Krecke also stated that a similar bill will have to be brought to the national governments of each of the 25 EU member nations so that they complied with EU legislation.

Word of New Delhi’s displeasure with Luxembourg’s stance seems to have been translated to Luxembourg during a meeting that the finance ministers of both countries had in India.

Meanwhile, Mittal has announced that it is prepared to cut the cash portion of its buyout offer. Mittal will do so if Arcelor increases its dividend to shareholders above the 80 cent market consensus. A spokesman for Mittal stated: “If Arcelor decides to distribute extra cash to shareholders, we will consider that as an advance payment on our offer and adjust the cash component of our offer accordingly.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Luxembourg,_India_spar_over_Arcelor_takeover_bid&oldid=719214”

Four dead, at least 15 injured after gunman opens fire at fitness center in Bridgeville, Pennsylvania

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Four dead, at least 15 injured after gunman opens fire at fitness center in Bridgeville, Pennsylvania

Posted on January 30, 2022January 31, 2022 by Admin

Wednesday, August 5, 2009

Four people have been shot and killed and at least 15 wounded when a gunman opened fire inside a LA Fitness center in Bridgeville, Pennsylvania. The gunman was among the dead.

Reports say the man walked into a dance room where an all-female Latin dance class was in session, turned off the lights and began to shoot people. CNN reports that the gunman was a “middle-aged white male.” One witness said he was carrying a duffel bag, which he put down before shooting into the crowd. After opening fire, he turned the gun on himself. At least 30 people are reported to have been in the room at the time of the shooting.

Allegheny County police Superintendent Charles Moffatt said, “I’ve never seen nothing quite like this. It was very chaotic. […] There’s a good belief that the shooter is deceased.”

Collier Township Police Chief Tom Devin stated that the police, “believe the shooter committed suicide at the scene but we’re not positive.” Police report that the shooter’s motive may have been a domestic dispute with one of the exercisers.

Mike Hentosz, a witness who was inside the gym, said, “I feel like it’s a dream. I don’t know what to think of it.” A woman participating in the class, Nicole, said that 10 minutes into the class, “a middle-aged white male walked into the class. He had a big gym bag. […] He looked out of place in a class full of women.” When he began firing, she reported, she ran out of the gym and escaped in passerby’s car.

Retrieved from “https://en.wikinews.org/w/index.php?title=Four_dead,_at_least_15_injured_after_gunman_opens_fire_at_fitness_center_in_Bridgeville,_Pennsylvania&oldid=860123”

Wrought Iron Door

Posted on January 30, 2022January 31, 2022 by Admin

Here’s An Opinion On:
Qga

Decoration of a home or any place is the best and a great art. It is not possible for every one to master it because this process needs some artistic efforts and senses. If you will not do properly internally and externally, decoration through a plan, it will create problems for you in near future. Before development, decorating and designing your home. Make proper planning of the project. If you are also starting decoration process of your home then there are many important things, which you must keep in mind. For example, you are installing or changing door of your home then keep in mind that privacy and security are two main and important factors for this project. Therefore, you need a strong door. A wrought iron door can be the best choice in this situation. Now days these doors are much popular and important that large numbers of people are choosing these doors to secure and to give classic look to their homes. When you are selecting wrought iron door for the decoration of your home keep some important facts in your mind. As these doors are not ordinary, doors and you can give royalist, stylish, antique, and majestic look to your home through their installation.When you are choosing a wrought iron door for your home, weight is an important factor. After idea of its weight column in which you are going to fit and install this door should be strong enough to support weight of the door. This wrought iron door will rotate on hinges, which are in column, or with door, therefore these must be strong enough to support this door and its weight. As this door is always heavy, so it is difficult to control and handle it. If you feel any difficulty in handling heavy doors, you can choose lightweight doors as well. However, these lightweight doors will not give that stylish look to your home, which a wrought iron door can give. Nothing will look majestic and stylish like a tall, big, and heavy wrought iron door. These doors are although not available in many designs but still they give classic and elegant touch and look to your home. These doors increase aesthetic beauty of your home. Therefore, these doors are much famous and popular in home decoration and construction.However, these gates also create privacy problems for you in a situation you can wooden or any other gate. If you want to search these doors then internet is the best source. You can visit many website and can see images of different wrought iron products before their final selection. If you are not comfort with online searching and shopping then you visit stores, which are offering these kinds of products. If you want to improve, your home and working on home improvement project then these kinds of doors are the best idea because first impression is the last impression. Wrought iron doors can add charm, grace, and beauty of your home therefore these door can be the best choice for your home decoration.

[youtube]http://www.youtube.com/watch?v=cRCl-x-dbJY[/youtube]

Grand jury indicts former White House advisor Steve Bannon for contempt of Congress

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Grand jury indicts former White House advisor Steve Bannon for contempt of Congress

Posted on January 28, 2022January 29, 2022 by Admin

Sunday, November 14, 2021

Steve Bannon, a former political strategist for former US President Donald Trump, has been indicted by a federal grand jury for contempt of Congress. Bannon had been refusing to comply with subpoenas issued by the US House of Representatives committee investigating the 2021 US Capitol attack. This comes after the House voted to refer the matter to the Department of Justice last month for consideration.

Bannon is facing two counts of contempt of Congress relating to his failure to appear at a deposition and for failing to turn over subpoenaed documents. The inquest also warned former White House chief of staff, Mark Meadows, that it may also refer him to the Department of Justice for his failure to appear.

If Bannon is convicted, he could face up to a year in federal prison and a fine of US$100,000. However, contempt of Congress is a difficult charge to litigate. The last successful conviction was in 1974 against a conspirator in the Watergate scandal. This is the first time since 1983 that someone has been charged with this offence.

Retrieved from “https://en.wikinews.org/w/index.php?title=Grand_jury_indicts_former_White_House_advisor_Steve_Bannon_for_contempt_of_Congress&oldid=4654989”

Dozens killed after car bomb explodes in market in Peshawar, Pakistan

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Dozens killed after car bomb explodes in market in Peshawar, Pakistan

Posted on January 28, 2022January 29, 2022 by Admin

Wednesday, October 28, 2009

Pakistani officials have said that at least 100 people were killed and over 200 injured after a car bomb exploded in a marketplace in the city of Peshawar on Wednesday. The attack was the deadliest in the country in this year.

Initially, large fires were reported to be burning around the marketplace, which was crowded with people. The flames spread easily because there were many stores in the area selling flammable fabrics. Police said the blast was heard throughout most of the city, and the explosion reportedly left a hole in the ground up to ten feet wide.

The Associated Press reported that many of the victims are women.

“There was a huge blast. There was smoke and dust everywhere. I saw people dying and screaming on the road,” said an eyewitness, Mohammad Siddique, to the Agence France-Presse news agency.

Several buildings collapsed as a result of the detonation, and rescue workers searched through the rubble looking for survivors beneath the debris.

Muzamil Hussain, a member of local medical staff, described his experiences to the Associated Press: “There were a lot of wounded people. We tried to help them but there were no ambulances so we took the victims on rickshaws and other vehicles. There were no police. The police and government didn’t help us, the police even opened fire on us.”

“Bodies are scattered and badly burned because of the fire caused by the explosion. The explosion took place in a very crowded market,” Mohammed Naeem, a spokesman for a local ambulance service, said.

Some people expressed anger that the bombings managed to be carried out in broad daylight in a crowded area. “What kind of security alert is this? It was an explosives-packed car. Look at the mosque, it ceases to exist anymore. For God’s sake, do something,” said a local middle-aged shopkeeper, as quoted by the CNN news agency.

A state of emergency at the Lady Reading Hospital in Peshawar, where many of the wounded people were hospitalised, was called soon after the explosion. Hospital officials appealed to the public and to other medical centres for blood donations.

The bomb attack happened just hours after Hillary Clinton, the United States Secretary of State, flew to the nation to discuss peace with Pakistan’s military commanders and political figures. Clinton will be in Islamabad for three days.

Clinton condemned the attack. “These attacks on innocent people are cowardly. They are not courageous. If the people behind these attacks were so sure of their beliefs, let them join the political process,” she said.

The bombing also comes just days after Pakistani military forces captured the town of Kotkai, the hometown of Taliban Chief Hakimullah Mehsud, and one of his top officers, Qari Hussain.

Retrieved from “https://en.wikinews.org/w/index.php?title=Dozens_killed_after_car_bomb_explodes_in_market_in_Peshawar,_Pakistan&oldid=4508063”

US Senate advances health care reform bill

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US Senate advances health care reform bill

Posted on January 28, 2022January 29, 2022 by Admin

Tuesday, December 22, 2009

The US Senate has voted by 60 to 40 votes to close debate on landmark health care reform legislation backed by President Barack Obama but unanimously opposed by Republican lawmakers. Now, the divided chamber appears to be heading towards a vote to pass the bill on Thursday.

All 100 senators were gathered in the Capitol building for a key procedural vote on health care reform legislation. All 58 Democrats in the Senate, plus the two independents who normally vote with them, voted for cloture, which limits the length of debate. All forty Republicans unanimously opposed the cloture.

The bill would extend health insurance coverage to 30 million US residents who currently lack it, and forbid insurance companies from practices such as denying coverage due to pre-existing conditions. Most residents would be required to purchase health insurance for the first time, with subsidies provided to those who cannot afford it.

“We’ll get this [bill] passed before Christmas and it will be one of the best Christmas presents this Congress has ever given the American people,” said Democratic senator Tom Harkin.

“This country, the greatest and richest the world has ever seen, is the only advanced nation on earth where dying for a lack of health insurance is even possible,” said Senate Majority leader Harry Reid.

Most Republicans, however, said they believed the bill is too expensive and would not correct the current problems with the US’s health care.

If the bill passes in the Senate, that version will have to be merged with a more liberal version passed by the House of Representatives which includes a government-run alternative, not included in the Senate version.

Retrieved from “https://en.wikinews.org/w/index.php?title=US_Senate_advances_health_care_reform_bill&oldid=3291965”

What Is Stock Trading

Posted on January 27, 2022January 28, 2022 by Admin

Here’s An Opinion On:
Hai Ha Dianne Nguyen

When someone says that they are buying shares, selling them or holding them, they are talking about stock trading or in particular, themselves as they are the stock traders. Stock traders are divided on the basis of the trading volume that they undergo.

Traders are generally traders or investors. The investors invest their money in some firm and then they tend to practically forget about any such investment. The idea is to make long term gains, avoiding every day fluctuation that the market has always been a witness to.

Traders on the other hand trade their stocks with one and one aim only. Make profits. Buy low and sell high has always been the mantra of day traders who begin their trading when the market opens and are done with it when the market closes. It has to be kept in mind that stock trading is never as easy as it seems and should always be done with ease and care.

Since stock trading has become vast to the levels that are unprecedented, people come up with a lot of different strategies and ways to make money. It is hard to define stock trading sometimes.

Still, let us answer some of the most basic questions about stock trading.

What is stock trading? :

To make the money off of the price movements that a stock may undergo in one single day, day traders will always be in a loop of selling and buying the shares. There are traders who aremore into penny stocksthat have a relatively lower price movement and there are traders who are more into the blue chip stocks that are kept in the game for the long term.

[youtube]http://www.youtube.com/watch?v=EQXVwWN6yc8[/youtube]

Stock trending is broadly classified into two categories.

Active trading and day trading.

Active trading:

Active trading is when the person is actively involved in trading but is not trading on the daily. Maybe more than 10 times a month but not more than that. These types of traders follow a specific strategy that they have set to make them short term profits at a particular moment in that particular tenure.

Day trading:

Here, the traders play on the daily. They are actively involved in trading and trade every day. Day traders are active as soon as the market opens and the good ones have already set their targets a few hours ago and are just waiting to execute those ideas. Their business ends as the trading day does.

Day traders buy and sell stocks multiple times a day with an aim of making money with the help of minimum risk ratio.

How can you trade stocks online?

To be a good trader, the key is to be in the game for a long time and that is the only way to make profits and money in the market. The game is to stick to the strategy that is once made and then making money with that and that only.

The step by step process to become an online stock trader can be found anywhere on the internet.

They Have artiles where they tell you to become a trader with a broker first and then open your account with the broker. Everyone knows that. The key to becoming a successful online stock broker is to be consistent and that is it.

There are brokers who put in therotten ideas of trading on either leverage or CFDs into the heads of novice traders.

The traders being new to the market always pay unwanted heed to such things and end up losing their money rapidly.

There are specific characteristics a goodtrading strategyhas always had.The survival of the trader and the success rate of the trade both are dependent on how verified the strategy is. The strategies that the novices device are not verified by anyone and hence are responsible for bringing loss to the trader. Sometimes the loss is so big that the trader quits trading altogether. The improv schemes the traders go through while trading are the reasons why trades fail.

Are you looking for a broker that can help you in trading stocks online?

Look no further

HFTradingwas established as a broker in 2019 and ever since, the broker has made a lot of noise in the market.

The fact that it is regulated with no one but two brokers makes it more than legitimate. With more than 300 tradable assets to trade with, the broker has made three thief trading accounts on which the trader can choose to trade from. The leverage that the broker provides, the preads that the broker asks, are all different for each trading account and respond to different assets differently.

Bottom Line:

Trading in stocks is a hard thing to do and should never be taken lightly. It has to be kept in mind that emotions never bought the food, math did.

Charlottetown, P.E.I. residents rally to support restaurant

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Charlottetown, P.E.I. residents rally to support restaurant

Posted on January 25, 2022January 26, 2022 by Admin

Wednesday, March 30, 2005

The owners of the Noodle House Restaurant of Charlottetown, Prince Edward Island (P.E.I.), Canada were overwhelmed by community support Tuesday when the restaurant overflowed with customers, cards, flowers, and personal pleas to not leave the province.

According to CBC News Prince Edward Island, the recent outpouring of support occurred after Tommy and Lina Ko, the restaurant owners, announced they would close the restaurant and leave the province following an incident two weeks ago, when groups of up to 200 teens from two nearby schools surrounded the restaurant, pelting it with snowballs, and threatening the Kos. Charlottetown Police Chief Paul Smith told CBC PEI that his force is ready to take whatever action is necessary to crack down on the behaviour and last week started videotaping over lunchtime when most of the misbehaviour has taken place. Police noted that they have received complaints from other businesses, pedestrians, and drivers in the busy “fast food alley” and intend to seek co-operation from the schools in identifying the main culprits.

However, a CBC PEI story from October, 2002, reported the Kos asking police to do more to stop the littering and other vandalism in the area including having signs smashed, windows broken, and fireworks set off in front of their restaurant. At that time, Deputy Chief Richard Collins told CBC PEI: “You can’t have upwards of 1,500 to 2,000 students in and around that area at dinner hour and not expect for some of them to misbehave,” but promised to continue patrols and try to teach the students respect of property.

Tommy Ko told CBC News that he was overwhelmed by the support this week and in thanks put on a surprise free buffet, though customers insisted on paying anyway. Nevertheless, after fighting the harassment for some five years, the Kos say they still are not sure they want to stay.

Retrieved from “https://en.wikinews.org/w/index.php?title=Charlottetown,_P.E.I._residents_rally_to_support_restaurant&oldid=1724772”

Canada’s Eglinton—Lawrence (Ward 16) city council candidates speak

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Canada’s Eglinton—Lawrence (Ward 16) city council candidates speak

Posted on January 24, 2022January 25, 2022 by Admin

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Friday, November 3, 2006

On November 13, Torontoians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Eglinton—Lawrence (Ward 16). Two candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Steven Bosnick, Charm Darby, Albert Pantaleo, Yigal Rifkind, Karen Stintz (incumbent), and Steve Watt.

For more information on the election, read Toronto municipal election, 2006.

Retrieved from “https://en.wikinews.org/w/index.php?title=Canada%27s_Eglinton—Lawrence_(Ward_16)_city_council_candidates_speak&oldid=435115”

Athletes prepare for 2012 Summer Paralympics at the Paralympic Fitness Centre

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Athletes prepare for 2012 Summer Paralympics at the Paralympic Fitness Centre

Posted on January 23, 2022January 24, 2022 by Admin

Monday, August 27, 2012

London, England — As Paralympians ready for the Games which are set to open later this week, they have access to a world class fitness center inside the Paralympic Village which is designed to maximise their pre-Game preparations.

According to volunteers staffing the center, instead of being a single large room, as in Beijing, the building has numerous rooms. It, along with the adjacent Village Services Centre, is designed to be converted into a school after the games conclude. Rooms have been structured as a gym, an auditorium, and science laboratories.

Gym equipment is supplied by Technogym, an Italian firm that has supplied gym equipment for the Olympics since 2000. Equipment has been provided not just for for the Fitness Centre, but for gyms at all the Olympic venues. The newest equipment is oriented toward maximum flexibility, allowing athletes to exercise the particular muscles that they most require for their sport.

In addition to the equipment, the Fitness Centre also provides instructors trained in the use of the equipment, the likes of which athletes from many countries have never seen before. There are also a number of instructors available to provide motivational training.

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