11/25/2013

London's Tube plan



A plan to run an all-night Underground service at the weekend may help London narrow the gap with New York's all-night metro service.

The proposed round-the-clock service was warmly welcomed by night-time businesses in London. Richard Dickinson, chief executive of New West End Company, which represents stores in the entertainment district, said:  “It will increase London’s competitive edge. Shopping and social habits are changing and nearly half of West End shoppers are international and accustomed to a late-night shopping culture, so this change will really enable the economy to continue to grow."

Big venue owners say they will gain from the potential to hold later events. Jeremy King, communications director at the O2, London’s biggest concert arena, said: “Our visitors will be able to spend more time in the bars and restaurants.” The venue will also be able to host more events that start later, such as boxing, where the main bout often does not start until past midnight.

Even London’s cabbies were relaxed about the impact. Mark Williams, a cab driver for 12 years, said: “I think it’s great for Londoners. I don’t think it will harm my trade. And it will deter people from using illegal minicabs.”

All-night trains might also reduce disorder on the streets. The West End Commission said 225,000 people go to Leicester Square alone on an average Saturday night. At closing time, when transport can be thin on the ground, they are more likely to get into a fight or be robbed or assaulted.

Reuben Harley, chief executive of Eclectic, a chain of bars with outlets across the capital said: “It’s good for the late-night economy”

All Tube stations will remain staffed during operating hours and there will be more people to help customers navigate the system and use ticket machines.


WINNERS AND LOSERS
  • Shopping
The move will help London’s West End retailers compete on a global scale because it will bring the shopping culture more into line with late-night habits of many of the capital’s international visitors,
  • Bars
Bars and restaurants welcomed the decision and not only because of the extra trade it promises. The incidence of fights and theft in the West End is higher when people leave licensed premises at the same time to go home.
  • Londoners
London residents will be freer to stay out late without fear of a difficult journey home. For those living close to late-night Tube stations, however, the noise of those returning will no longer end around midnight and may persist through the night.
  • Entertainment
Late-night Tube running will allow events to start at a later time and audiences to linger over dinner around the venues.
  • Workers
Though the plan extends hours only on Friday and Saturday, employees who work night-time shifts or early in the morning will benefit, particularly low-income groups who live far from their place of work.
  • Taxis
Although there are worries about loss of trade, many drivers say it will not affect the preference of many people on a night out for black cabs over the Tube.







 

11/22/2013

Qatar 2022 World Cup Workers (video)

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11/18/2013

Europe’s tallest residential tower

                   The 75-storey skyscraper, left, will be called Hertsmere Tower




Tom Ryan, an Irish property investor, will build a 75-storey skyscraper on the site he acquired for £100m on Thursday in the business district to the east of the City of London. The tower will be 7 meters higher than Canary Wharf’s tallest office building. The acquisition is the first in what sources say will be a series of UK property investments by Mr Ryan. Market sources in Ireland were perplexed at the deal.

The 240-metre 'Hertsmere Tower' will cost more than £850m (€1bn) to build and will be completed by 2018

The scheme is one of a string of high-rise housing developments under construction across the capital, including the Heron in the City and One The Tower at St George’s Wharf in Vauxhall.

Savills, one of the UK’s leading estate agents, says that London is facing an affordable housing crisis and sky-high rents and, at the same time, an oversupply of high-value homes because waves of foreign investment are flowing into the capital’s housing market. Four-fifths of purchasers of London’s prime property are foreign and two-thirds of buyers are investors rather than owner-occupiers.

Mr Ryan, however, will have to overcome some hurdles before he can start building. Though the site has planning permission for a 242-metre mixed-use scheme containing offices, a hotel and shops, he will have to ask Tower Hamlets council to allow a housing development instead. Stuart Robinson, of property advisers CBRE, says it will be difficult for the council to turn down his request.

The Hertsmere Tower will be priced as prime real estate – upwards of £1,000 a square foot.  There will be space for 714 apartments covering more than 500,000 sq ft, said Richard Berridge, chief operating officer of Ryan Corporation UK.

 “Canary Wharf is one of the few places in the UK where you can build a tall building. It’s time for a very good residential building of a very high standard; that is something that has been lacking there until now” Mr Berridge said.

Hertsmere Tower will overtake Europe’s tallest residential building, the Sky Tower in Wroclaw, Poland, which is 212 metres tall. But it will not outstrip Europe’s overall tallest building, The Shard at London Bridge, which is 308 metres and is primarily office, restaurant and hotel space.

Hertsmere is the first British scheme for Mr Ryan, who has invested in several other countries, Mr Berridge said. Ryan Corporation would not provide details of Mr Ryan’s past developments.





edited from Financial Times and Daily Mail

11/10/2013

Statoil Masters Tennis at the Royal Albert Hall.





Two-time Wimbledon champion Stefan Edberg will return to London in December to play in the Statoil Masters Tennis, an IMG event, at the Royal Albert Hall.

Edberg, who reached the final and lost a thrilling Albert Hall clash to Pat Rafter in 2009, will join Rafter, John McEnroe, Goran Ivanisevic and Tim Henman in the ever-popular pre-Christmas tennis event played 4th - 8th December.

"I am very excited to be coming back to play in the Statoil Masters Tennis at the Royal Albert Hall," said Edberg. "It is one of the most beautiful arenas in the world and I feel very lucky to have the chance to play against John McEnroe and the other great champions in front of a great crowd in London."

Edberg was one of the most dynamic serve-and-volley experts in tennis, and he is still supremely fit. The Swede won six Grand Slam singles titles and reached World No.1 in both singles and doubles over his career.

He will take on McEnroe, Mats Wilander and Henri Leconte in the legends tournament, with Henman, Ivanisevic, Rafter, Mark Philippoussis and Fabrice Santoro contesting the ATP champions event.

They will be joined by Mansour Bahrami and a host of stars in doubles in an event that is now in its 17th year.

The Statoil Masters Tennis is part of the ATP Champions Tour - a circuit of former World Number One tennis players, Grand Slam singles finalists and Davis Cup winners.

Tickets for the Statoil Masters Tennis can now be purchased by calling the box office: +44 (0) 20 7070 4404, or by visiting the tournament's official website: www.statoilmasterstennis.com







Statoil ASA, is a Norwegian multinational oil and gas company headquartered in Stavanger, Norway. It is a fully integrated petroleum company with operations in 36 countries. By revenue, Statoil is ranked by Forbes Magazine  as the world's eleventh largest oil and gas company and the twenty-sixth largest company by profit in the world. The company has about 23,000 employees.

Statoil was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro.

As of 2013, the Government of Norway is the largest shareholder in Statoil with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy. The company is headquartered in Stavanger and has branch offices all over Norway.








Jetman circles Mount Fuji (video)

 





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Disney to release new 'Star Wars' film on December 18, 2015

A employee poses with Star Wars figures at the Forbidden Planet memorabilia and comic store in London May 11, 2013.  Credit: Reuters/Luke MacGregor



The next movie in the "Star Wars" franchise will arrive in theaters on December 18, 2015,

Walt Disney Co purchased "Star Wars" producer Lucasfilm for $4.05 billion in 2012 and promised at least three more films in the series, one of the biggest movie franchises of all time.

"This is one of the most important movies we have in the next few years, and the date will allow the creative team the time to make a great film," Disney chief executive Bob Iger said in a conference call with Wall Street analysts on Thursday.

The pre-Christmas date will put the film's release in the prime holiday movie season. The previous six films were all released in May, in time for the summer movie season.

Filming of the new movie, currently called "Star Wars: Episode VII," will take place in England and will begin in spring 2014. It will be directed by J.J. Abrams, who is best known for directing the most recent films in the "Star Trek" science fiction series.

Lawrence Kasdan will team with Abrams to write the screenplay. Kasdan co-wrote the screenplays for the second and third "Star Wars" films, "The Empire Strikes Back" and "Return of the Jedi."

Original cast members Mark Hamill, Carrie Fisher and Harrison Ford are in talks to appear in the upcoming film.

The first "Star Wars" was created by director George Lucas and released in 1977. Since then it has grossed more than $4.4 billion at the worldwide box office.



edited from Reuters

11/03/2013

NY Mayor Bloomberg's 2014 plans



(Reuters) - A golfing holiday and learning to speak Spanish "like a native" are at the top of New York Mayor Michael Bloomberg's list of activities he will pursue when his term ends in December, he said in an interview published on Wednesday.

"Look, I will stay involved in the cases I care about. I will try to tighten gun-control laws, combat climate change and improve public health, he told Forbes magazine. Exactly how, I don't know," Michael Bloomberg, 71, said in the interview with Forbes.

Bloomberg made his $ 31 billion fortune with Bloomberg LP, the financial data and news company, but will not return to running the company.

"I can tell you what I won't do. I won't become a professional investor.  I won't teach. I won't become a consultant.. I won't go back to Bloomberg LP and I won't  start a new company. Am I clear?"

He plans to give his entire fortune away through his foundation, citing both Bill Gates, the Microsoft co-founder, and former U.S. president Bill Clinton as models, and will continue to fund political candidates who support his beliefs on tightening gun-control and reforming education.

Bloomberg will become the chairman of the Serpentine Gallery in London, a city where he will spend more time after leaving office and where he owns at least one home. Bloomberg Place, the largest building development underway in the city's financial district, will become the European outpost of his company and foundation.

The mayor will attend the inauguration of his successor on January 1. The next day, Bloomberg, who frequently flies to his home in Bermuda at weekends, said he will take his "first vacation in 12 years" with friend Diana Taylor to play golf in Hawaii and New Zealand. 







adapted from Reuters

Vatican Asks Catholics for Input on Family


The Vatican is asking bishops around the world to find out what Roman Catholics think about church teachings in some controversial areas, including birth control, divorce, and same-sex marriage.

Archbishop Lorenzo Baldisseri, secretary-general of the Vatican's Synod of Bishops, sent out the survey October 18 and asked bishops to have the results by the end of January.

The Vatican document said there are "many new situations requiring the Church's attention," including same-sex union adoptions, polygamy, mixed or inter-religious marriage, an increase in the practice of surrogate motherhood, and "forms of feminism hostile to the Church."

It is not clear how Catholic bishops will respond to the directive.

A spokeswoman for the U.S.bishops conference, Helen Osman, said in an email Thursday "Each U.S. bishop will determine what will be the most useful way of gathering information to provide to Rome."

The Bishops Conference of England and Wales has posted a survey online that Catholics in their countries can use to answer the questions.

Included among the questions are "How is God's mercy proclaimed to separated, divorced and remarried couples?" and "How can churches respond when gays seek a religious education or Holy communion for their children?"

The results of the worldwide survey will be discussed at a Vatican synod on the family in October 2014, presided over by Pope Francis. A second meeting will be held in 2015.


adapted from Reuters and VOA

11/01/2013

Estonia and oil shale (video)




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Electronic devices on planes (video)







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