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La Union power firm up for sale

SAN FERNANDO CITY, Philippines – The provincial government of La Union is selling the Bauang Private Power Corp......»»

Category: newsSource: philstar philstarNov 2nd, 2016

Leonardo s PSG return could be welcome news for coach Tuchel

By Jerome Pugmire, Associated Press PARIS (AP) — Leonardo's return as Paris Saint-Germain's sporting director could be welcome news for coach Thomas Tuchel after a difficult first season. PSG announced Leonardo's appointment on Friday as a direct replacement for Antero Henrique, who leaves after two years despite helping secure two marquee signings in forwards Neymar and Kylian Mbappe. Tuchel's working relationship with Henrique had become increasingly strained because of the need to strengthen an injury-hit squad and an awkward situation concerning homegrown midfielder Adrien Rabiot. Henrique said in a December interview that Rabiot would remain out of the side after refusing to sign a new deal, despite months of negotiations. He did not play again and is now out of contract, meaning PSG will get nothing for him as he reportedly negotiates terms for a move to Italian champion Juventus. But Tuchel is a fan of Rabiot's style of play and wanted him available, especially with injuries in midfield during a fraught Champions League campaign. The club's disciplinary stance remained firm. At the time, Henrique appeared to have the backing of club president Nasser Al-Khelaifi, with the signings of Neymar and Mbappe doubtless contributing to his standing. An exasperated Tuchel also lamented a lack of signings in the winter transfer window and had to wait until January 29 — right at the end — before the club bought Argentina midfielder Leandro Paredes from Zenit St. Petersburg. But Tuchel was reportedly not overly keen on signing Paredes, who made little impression. If their relationship was indeed a power struggle, it now seems like a victory for Tuchel over Henrique. Tuchel recently signed a one-year extension to his initial two-year deal. Leonardo's return offers the possibility of a more harmonious working relationship, one which the club hopes will end years of frustration in the Champions League. PSG has never been beyond the quarterfinals since Qatari backers QSI started bank-rolling the club with huge investment eight years ago. In the past three seasons PSG has gone out in the Round of 16 — twice blowing strong first-leg leads — and last season Tuchel's side failed to retain its domestic cups. FAMILIAR FACE While Henrique was unfamiliar with the club when he took the job, that's certainly not the case for Leonardo. He played for PSG in 1996-97 and was hugely popular. As an attack-minded defender or midfielder, he helped PSG reach the European Cup Winners' Cup final in '97. He won the World Cup with Brazil in 1994 and the Copa America in '97. He had spells as coach of AC Milan and Inter Milan, where he was also sporting director. Leonardo became PSG's sporting director for the first time in July 2011 and helped persuade Carlo Ancelotti to become coach in December 2011. It was a considerable coup considering Ancelotti's long-standing reputation in the game. "I'm extremely enthusiastic at the idea of coming back," the 49-year-old Leonardo said. "I've experienced some big emotions here." BITTER END Leonardo held his role until May 2013, when he was suspended for nine months by the French league for barging into a referee just outside the tunnel. Television images appeared to show Leonardo deliberately shoulder-barging Alexandre Castro after a home draw. Leonardo had been heavily critical of French referees that season, in particular launching one angry rant live on television after a draw at defending champion Montpellier. Following Leonardo's suspension, Ancelotti left to take charge of Real Madrid despite having one year left on his PSG contract. FUTURE DAYS Leonardo must quickly establish a strong and trusting relationship with Tuchel. The club is expected to be busy in the transfer market this summer, whilst fending off reported interest from Real Madrid for the prolific France forward Mbappe. PSG must also raise funds, and Leonardo's return coincided with the sale of 19-year-old forward Moussa Diaby to Bayer Leverkusen for a reported 15 million euros ($16.8 million). Fans want success but they also want to see local talents shine, and Diaby was one of the best players to have come through PSG's youth academy in recent years. If Leonardo persuades Rabiot to change his mind and sign a new deal, it would certainly please Tuchel......»»

Category: sportsSource:  abscbnRelated NewsJun 16th, 2019

Taiwanese company expands Laguna manufacturing facility

TAIPEI — Taiwanese power supply firm AcBel Polytech, Inc. is set to expand not just its manufacturing facility in Taiwan, but also its factory in Laguna, Philippines, which is expected to be completed within the first half of 2020......»»

Category: newsSource:  bworldonlineRelated NewsJun 14th, 2019

Psalm firm on pursuing San Miguel over Ilijan

THE Power Sector Assets and Liabilities Management Corp. (Psalm) is sticking to its claim that San Miguel Corp. (SMC) still has unpaid dues for operating the 1,200-megawatt (MW) Ilijan power…READ The post Psalm firm on pursuing San Miguel over Ilijan appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 6th, 2019

MLB attendance down another 1.4%, 4th straight drop

By Ronald Blum, Associated Press NEW YORK (AP) — The Tampa Bay Rays and Miami Marlins drew 12,653 Wednesday night — combined. Baltimore, Cincinnati, Minnesota and Tampa Bay set stadium lows this year. Kansas City had its smallest home crowd since 2011 and Toronto and San Francisco since 2010. The Marlins' average attendance is less than Triple-A Las Vegas. Major League Baseball's overall average of 26,854 through Wednesday is 1.4% below the 27,242 through the similar point last season, which wound up below 30,000 for the first time since 2003. Baseball Commissioner Rob Manfred attributes this year's drop to fewer season tickets but emphasizes day-of-game sales are up 6%. "Given the explosion of entertainment alternatives and the growth of the secondary market, it is not surprising that season ticket sales can be challenging," he said. "The clubs are responding to this challenge with creative and effective approaches. For example, sales of subscription tickets are double what they were a year ago. And the Twins recently had a $5 flash sale that produced crowds of over 30,000 in three of four games, and the largest single-game attendance since 2016." Nineteen of the 30 teams have seen their average fall from a similar point last year, with the largest drops in Toronto (6,963), San Francisco (6,463), Baltimore (3,839) and Detroit (3,686). Large rises have taken place for Philadelphia (10,383), Oakland (4,027), San Diego (3,465) and the Chicago White Sox (2,311). The Phillies signed Bryce Harper and the Padres added Manny Machado. "A lot of it comes down to competition. Fans want to know their teams are doing everything they can to compete for a championship every year," union head Tony Clark said. "I see every empty seat as a missed opportunity. Experiencing a game and seeing players perform in person creates a bond with baseball; our industry needs to find ways to convert those empty seats into lifelong fans." MLB's average peaked at 32,785 in 2007 — the last year before the Great Recession and the next-to-last season before the New York Yankees and Mets moved to smaller stadiums. The average was at 30,517 in 2015 before sliding for three straight years, and last season's final figure of 28,830 marked a 4% drop, the overall number hurt by unusually cold and wet weather early in the season. Manfred points to other metrics that please MLB: Games top prime-time cable ratings in 24 of 25 markets and MLB.tv streaming is up 8.5%. He views increases for the Phillies, Padres, Athletics and White Sox tied to team performance. Florida remains a problem on both coasts. Despite a sparkling, eight-season-old ballpark with a retractable roof, Miami is averaging 9,554 in Derek Jeter's second season as chief executive — below the 9,582 average for Triple-A Las Vegas in its first season at a new 10,000-capacity stadium. Tampa Bay plays in one of the most outmoded facilities in the major leagues and drew 5,786 against the Blue Jays on Tuesday, the smallest home crowd for the Rays, who started play at Tropicana Field in 1998. "The more people there are, the more energy there's going to be," Tampa Bay outfielder Kevin Kiermaier said. "No matter what crowd you're playing in front of, you have to get motivated." A quartet of last-place teams has seen swaths of empty seats. Miami is on track to have the lowest home attendance in the National League for the seventh straight season. Tampa Bay is at the bottom of the AL for the fifth consecutive year. "Any time you're seeing less people show up to the ballpark, I think you're wondering why and you're wondering how you can change that," said Miami first baseman Neil Walker, accustomed to big crowds from his time in New York. "You've got to assume that it has a little bit to do with it being expensive to come to the ballpark." Having traded many veterans, the Orioles are 28th in the majors at 16,263. Baltimore topped 2 million in 21 of its first 25 seasons at Camden Yards, exceeding 3 million nine times. But the Orioles drew 6,585 against Oakland on April 8, the lowest in the ballpark's 28-season history except for a 2015 game closed to the public at a time when the city was plagued by rioting. "I wish fans were here. When we played in Wrigley, the energy level was off the charts," first-year Orioles manager Brandon Hyde said. "I'm hoping that someday soon that will be the case here." Cincinnati's crowd of 7,799 against Milwaukee on April 1 was the lowest for a Reds' home game since 1984 at Riverfront Stadium. That same day, Toronto drew 10,460 against the Orioles, the smallest attendance at the Rogers Centre since 2010. San Francisco drew 28,030 vs. Pittsburgh on April 10, the Giants' lowest home crowd since 2010. Kansas City's crowd of 10,024 against the Twins on April 2 was the lowest at Kauffman Stadium since 2011. Minnesota drew 11,465 against Toronto on April 17, the lowest figure in Target Field's 10-season history. "As a kid, I loved more than anything to go to the ballpark and I loved nothing more than playing baseball," Walker said. "But I think a lot of people are just — they want action now. They don't want to be totally consumed with a game maybe that's just not timed." ___ AP Baseball Writer Mike Fitzpatrick and AP Sports Writer David Ginsburg contributed to this report......»»

Category: sportsSource:  abscbnRelated NewsMay 31st, 2019

HOLD YOUR HORSES: PECO tells MORE Power to wait until court cases are resolved

By: Emme Rose Santiagudo and Francis Allan L. Angelo PANAY Electric Co. (PECO) told its rival firm MORE Electric and Power Co. (MORE Power) to wait for the resolution of pending court cases before attempting to take over power distribution services in the city. PECO Administrative Manager Marcelo Cacho was referring to the case they […] The post HOLD YOUR HORSES: PECO tells MORE Power to wait until court cases are resolved appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsMay 22nd, 2019

NEW BRAND, BETTER SERVICES: MORE Power unveils logo, service programs

By: Emme Rose Santiagudo MORE Electric and Power Co. (MORE Power) hopes that its new brand and look will redound to better services for Iloilo City consumers. The power firm unveiled its new logo and plans in taking over power distribution services in the city in a press conference at Hotel del Rio on May […] The post NEW BRAND, BETTER SERVICES: MORE Power unveils logo, service programs appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsMay 21st, 2019

BDO completes sale of 15% stake in rural bank unit ONB

BDO Unibank, Inc. said it completed the sale of a minority stake in its rural banking unit to a Singapore investment firm......»»

Category: newsSource:  bworldonlineRelated NewsMay 17th, 2019

Grid firm says supply of power so far sufficient

The NATIONAL GRID Corporation of the Philippines (NGCP) expects May 13’s available power generating capacity in Luzon to be at 11,740 megawatts (MW) as against a peak system demand of 9,047 MW, giving the grid operator a margin of 2,693 MW sufficiently covering the midterm elections......»»

Category: financeSource:  bworldonlineRelated NewsMay 12th, 2019

Solar power plant opens in GenSan

GENERAL SANTOS CITY (MindaNews/26 April) — Renewable energy firm Harbor Star Energy Corp. (HSEC) unveiled on Thursday its P2.2-billion solar power plant project in a coastal village here. HSEC and city officials led the formal commissioning of the 25-megawatt (MW) solar power plant, which is the first in the city and considered as among the […].....»»

Category: newsSource:  mindanewsRelated NewsApr 28th, 2019

Man United soccer's top moneymaker again after 11 years

ROB HARRIS, AP Global Soccer Writer br /> LONDON (AP) — Manchester United is a long way from winning the English Premier League again but is back on top of another table — as soccer's biggest moneymaker. For the first time since 2005, Manchester United overtook Real Madrid in top spot in the soccer finance rankings compiled by accountancy firm Deloitte even as it sits sixth in the Premier League. In 2015-16 when United won only the FA Cup and failed to qualify for the Champions League, the 20-time league champions generated 515.3 million pounds (689 million euros based on the annual average; now about $632 million). Spanish champion Barcelona had 620.2 million euros in revenue and Real Madrid, which won an 11th Champions League title in May, dropped to third on 620.1 million euros in Deloitte's 20th annual rankings. United's stay at the top could be short-lived with the pound weakening since Britain voted to leave the European Union in June and the failure to reach the Champions League. Despite Jose Mourinho replacing Louis van Gaal as manager, United is struggling to break back into the top four Champions League qualification places let alone win the first Premier League title since Alex Ferguson's retirement in 2013. But United, owned by the Florida-based Glazer family and listed on the New York Stock Exchange, has maintained an ability to attract sponsors. 'Manchester United have had to wait 11 years to regain their position as the world's leading revenue-generating club and it has taken phenomenal commercial revenue growth to help them achieve this,' said Dan Jones of the Deloitte sports division. 'In recent years, their ability to secure commercial partnerships with value in excess of that achievable by their peers has been the crucial factor in enabling the club to regain their place at the top of the Money League.' The top five is completed by German champion Bayern Munich and Manchester City. The eight English clubs in the top 20 account for 45 percent of the accumulated revenue in the standings of 7.4 billion euros — up 13 percent from the previous year. Leicester, a first-time winner of the Premier League, makes the cut for the first time, squeezing into 20th place on 128.7 million pounds. West Ham returns to the top 20 and should move up from 18th place (143.8 million pounds) following its move last summer to Olympic Stadium. The other Premier League teams are: Arsenal (seventh at 350.4 million pounds), Chelsea (eight at 334.6 million pounds), Liverpool (ninth at 302 million pounds) and Tottenham (12th at 209.2 million pounds). The weight of English clubs in the revenue rankings should increase next year with the rise in television revenue. Premier League clubs should each earn at least 100 million pounds a season as part of the rights deals worth more than 8.3 billion pounds over three years. The only French team represented in the rankings is Paris Saint-Germain, which fell two places to sixth with revenue of 520.9 million euros. Zenit Saint-Petersburg is the only Russian team included, improving a place to 17th by generating 196.5 million euros. Along with Bayern, German also provides Borussia Dortmund (11th at 283.9 million euros) and Schalke (14th at 224.5 million euros). Juventus heads the list of four Italian teams, in 10th place on 224.5 million euros, followed by AS Roma (15th at 218.2 million euros), AC Milan (16th at 214.7 million euros) and Inter Milan (19th at 179.2 million euros). Deloitte warns that the enhanced English broadcast deals could see at least one of the Milan teams fall out of the top 20 next year. Joining Barcelona and Real Madrid in the rankings from Spain are Atletico Madrid in 13th place at 228.6 million euros. .....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2017

‘I think it was Russia’ – CNN News

President-elect Donald Trump said for the first time Wednesday he believes Russia was responsible for hacking ahead of the election but contemptuously rejected allegations that Moscow mounted a campaign to compromise him. In his first news conference since winning the election, a combative Trump made clear he will not mute his style when he is inaugurated in nine days. He lashed out at media and political foes alike in a bravura performance. The Trump Tower press conference confirmed the President-elect's deep desire to quickly assert power once he's sworn in. He insisted on moving speedily &'8212; too speedily for some Republicans in Congress &'8212; to replace Obamacare. He also pledged swift action on building a wall along the border with Mexico and nominating a new Supreme Court justice. But it's also clear Trump will take office amid persistent questions about his relationship with Russia. While Trump was at the podium, his nominee to become secretary of state, Rex Tillerson, faced tough questions on Capitol Hill about whether the incoming administration will view Russia with sufficient skepticism. At the news conference, Trump finally conceded he believes Russian President Vladimir Putin's intelligence agencies were behind hacks on Democratic computers ahead of the election but argued that wouldn't happen again. &'8220;I think it was Russia,&'8221; Trump said. Putin &'8220;should not be doing it. He won't be doing it. Russia will have much greater respect for our country when I am leading it than when other people have led it.&'8221; Trump, who has vowed to improve relations with Russia despite some Republican opposition, said he did not know if he would get along with Putin and noted it's possible he won't. But he could not resist a swipe at his defeated Democratic election rival, Hillary Clinton. &'8220;Do you honestly believe Hillary would be tougher on Putin than me?&'8221; he asked. He added that Russia is not the only nation that hacks US targets and accused Democrats of not having sufficient cybersecurity programs. The news conference opened with the incoming White House press secretary, Sean Spicer, slamming a &'8220;political witch hunt&'8221; following reports that Russian operatives claim to have compromising personal and financial information about Trump. Vice President-elect Mike Pence also criticized the media before introducing Trump, who kept up his criticism of US intelligence. &'8220;I must say that I want to thank a lot of the news organizations here today because they looked at that nonsense that was released by maybe the intelligence agencies,&'8221; Trump said. He said any such move by the agencies would be a &'8220;tremendous blot on their record.&'8221; &'8220;A thing like that should never have been written, it should never have been had and it certainly should have never been released,&'8221; Trump said. The news conference follows exclusive reporting by CNN on Tuesday that classified documents presented last week to President Barack Obama and Trump included the allegations about Russia. The allegations were presented in a two-page synopsis that was appended to a report on Russian interference in the 2016 election and drew in part from memos compiled by a former British intelligence operative, whose past work US intelligence officials consider credible. Intel chiefs presented Trump with claims of Russian efforts to compromise him 01:38 The FBI is investigating the credibility and accuracy of these allegations, which are based primarily on information from Russian sources, but has not confirmed many essential details in the memos about Trump. The news conference, delayed from December, was scheduled for Trump to outline how he will address questions about possible conflicts-of-interest related to his vast business empire. Trump appeared beside a large pile of files he claimed were pertinent to the companies that are going to be placed in a trust to be run by his sons. He reiterated that he doesn't plan to release his tax returns, saying they are under audit and don't include relevant information After taking a handful of questions, Trump turned the event over to Sheri Dillon, an attorney who was on hand to discuss Trump's business interests. She said Trump planned to put in place a structure that will &'8220;completely isolate him from the management of the company.&'8221; &'8220;He further instructed that we build in protections that will assure the American people that the decisions that he makes and the actions he takes as President are for their benefit and not to support his financial interests,&'8221; she said. Trump will place all his financial and business assets in a trust, Dillon said. The Trump Organization, meanwhile, will not enter into any new deals abroad and all domestic deals will be subject to a heavy vetting process. The firm will also appoint a new ethics officer, she said. The President-elect has also terminated a number of deals set to close shortly, a step that had cost him millions of dollars, she said. Dillon argued that the decision had been made not to put all Trump's assets in a blind trust or to divest of all his assets because it would be impractical. She also said that Trump should not be forced to destroy the business that he had built up. &'8220;President Trump can't unknow he owns Trump Tower,&'8221; Dillon said, explaining why a blind trust would not be a workable solution to addressing conflicts of interest issues while he is President. Dillon said Trump would take other actions to avoid the appearance of a conflict over the Emoluments Clause [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 12th, 2017

Meralco, Japan firm in talks to expand Bayad Center

MANILA, Philippines - Power distributor Manila Electric Co......»»

Category: financeSource:  philstarRelated NewsDec 22nd, 2016

Polish govt rejects renewed pressure from EU on rights

WARSAW  — Poland's government on yesterday rejected renewed pressure from the European Union for the way it is consolidating power, and opposition lawmakers.....»»

Category: newsSource:  philstarRelated NewsDec 22nd, 2016

Citicore partners with Huawei to expand solar business

MANILA, Philippines – Renewable energy (RE) firm Citicore Power Inc......»»

Category: financeSource:  philstarRelated NewsDec 22nd, 2016

Four firms to bid for Malaya thermal plant

MANILA, Philippines – Four power companies have expressed interest in the sale of the 650-megawatt (MW) Malaya Thermal Power Plant in Rizal, an official of t.....»»

Category: financeSource:  philstarRelated NewsDec 21st, 2016

GMA up for sale again

MANILA, Philippines - GMA Network Inc. is open to giving up control of the broadcast firm to investors at the right price......»»

Category: financeSource:  philstarRelated NewsDec 16th, 2016

SC rules with finality to award Naga Power Plant to Aboitiz firm

SC rules with finality to award Naga Power Plant to Aboitiz firm.....»»

Category: newsSource:  inquirerRelated NewsDec 7th, 2016

PSALM mulls IPP buyouts, sale of Sucat power plant

MANILA, Philippines – The Power Sector Assets and Liabilities Management Corp......»»

Category: financeSource:  philstarRelated NewsDec 6th, 2016

US, China, EU, others fail to reach environmental goods deal

GENEVA — Forty-six countries including the US, China and European Union nations failed yesterday to agree on a list of "environmental goods" like solar-power.....»»

Category: newsSource:  philstarRelated NewsDec 5th, 2016

Corporate News: Marubeni seeks more time to invest in Calaca coal-fired plant

JAPANESE FIRM Marubeni Corp. has sought for more time before it signs a deal to formally become the third partner in the 700-megawatt (MW) coal-fired power plant in Calaca, Batangas being jointly developed by Semirara Mining and Power Corp. (SMPC) and Mer.....»»

Category: financeSource:  bworldonlineRelated NewsNov 21st, 2016