Friday, August 5, 2005

I-Holding ehf, a Icelandic investment company owned by Baugur Group, Straumur investment bank, B2B Holdings and Birgis Bieltvedts, has bought 80% in Illum warehouse in Denmark from Merrill Lynch International Global Principal Investment. The same group recently bought Wessel & Vett A/S and Magasin du Nord, so it already owned 20% in Illum.

Illum will be run separately from Magasin du Nord.

Illum reported a profit and 11% gain in sales the first three months of 2005.

Skarphéðni Berg Steinarssyni from Nordic Investment at Baugur Group said the Danish retail market is increasing and they believe in Illum because it’s a well known brand in Denmark.

Icelanders invest in Denmark and UK

Icelandic companies have been investing heavily in Denmark for the last few years. Recently the Fons Investment ehf. bought the Danish airlines Sterling Air and Mearsk Air. Eimskip, a shipping company in Iceland, recently bought the shipping division of Mearsk. I-Holdings have been investing heavily in the Denish retailer market.

Baugur Group, as well as FL Group, have been investing in the UK market. FL Group has bought 11% in easyJet.com and has shown an interest in buying more. Baugur Group has been investing in the retailer market and has bought among other things Iceland supermarket chain as well as Hamleys, a well known toy store.

Thursday, August 23, 2007

An archaeology student from Scotland has discovered a 5,000 year old piece of chewing gum on a dig in Finland.

Sarah Pickin, a 23-year-old part-time barmaid studying archaeology with Derby University, discovered the gum during a dig in the north-west of the country. The gum is a lump of birch bark tar, and still has visible tooth marks. It has been sent away for analysis, and radio carbon dating is predicted to show the gum to be 5,000 years old.

Ms Pickin said of her discovery “I had heard of ancient chewing gum being found before on previous European digs so when I found it in the trench, it was the first thing that crossed my mind.

“However, it looks just like a dirty piece of modern chewing gum with no smell or taste and I was also worried it could have been a bit of fossilised poo, so I asked a few of the other students to make sure.

“Thankfully they agreed that it was birch-bark gum and it’s now away to be carbon dated and have the teeth marks analysed before it goes on display.”

It will be displayed in Finland’s Kierikki centre, which is devoted to finds from the area. Sarah Pickin also discovered a piece of an amber ring, a slate arrowhead and a hair needle. All the finds date to the Neolithic period.

It is believed the gum was chewed as an aid against gum disease, as it contains antiseptics.

Sunday, January 27, 2008

Viktor Schreckengost, the father of industrial design and creator of the Jazz Bowl, an iconic piece of Jazz Age art designed for Eleanor Roosevelt during his association with Cowan Pottery died yesterday. He was 101.

Schreckengost was born on June 26, 1906 in Sebring, Ohio, United States.

Schreckengost’s peers included the far more famous designers Raymond Loewy and Norman Bel Geddes.

In 2000, the Cleveland Museum of Art curated the first ever retrospective of Schreckengost’s work. Stunning in scope, the exhibition included sculpture, pottery, dinnerware, drawings, and paintings.

Tuesday, February 27, 2007

The Toronto Stock Exchange experienced one of its biggest one-day point losses in the wake of a major (9%) stock sell-off in China. The S&P/TSX Composite Index dropped 2.7%, falling 364 points eventually ending the day at 13,040. Despite this ‘dramatic’ drop, the main Toronto index is still above where it was eight weeks prior at the end of 2006.

It was the biggest one-day percentage drop since April 2004. At its worst point, the index was down 457 points. Every sector was in negative territory, with resource stocks leading the charge down.

Recently, the TSX set seven record highs in nine trading sessions. Its benchmark index doubled since October 2002 as well as experienced a steady rise in commodity prices. The New York Stock Exchange (NYSE) witnessed even larger drops; the Dow Jones Industrial Average saw a loss of 3.3%, fallling 416 points, making it its worst day in almost four years. At its lowest point of the day it dropped 4.3%, falling 550 points. The Nasdaq composite index dropped similarily 96 points to 2,432 for a 3.8% loss.

In total, 498 of the 500 U.S. companies represented in the S&P 500 index fell including all 30 Dow stocks.

Sunday, December 24, 2006

A unanimously passed United Nations Security Council resolution imposing sanctions on Iran has been dismissed by Iranian president Mahmoud Ahmadinejad as a “piece of paper.” Ahmadinejad said that it is in “the best interest of the West” to have a “nuclear Iran” and that Iran will not stop enriching uranium.

“It is a piece of torn paper … by which they aim to scare Iranians … It is in the Westerners’ interests to live with a nuclear Iran,” said Ahmadinejad.

Ahmadinejad also goes on to say that anyone who “backs” the U.N. resolution will “soon regret” their acts. He also added that in “February, Iranians will celebrate” the nation becoming a nuclear power.

“This resolution will not harm Iran and those who backed it will soon regret their superficial act. Iranians are neither worried nor uncomfortable with the resolution … we will celebrate our atomic achievements in February,” added Ahmadinejad.

On December 23, 2006, the U.N. stated that the resolution is “determined to give effect to its unmet 31 July demand that Iran suspend all uranium enrichment-related and reprocessing activities. The Security Council today imposed sanctions on that country [Iran], blocking the import or export of sensitive nuclear material and equipment and freezing the financial assets of persons or entities supporting its proliferation sensitive nuclear activities or the development of nuclear-weapon delivery systems,” reported the press release on the U.N.’s website.

The U.N. also said that Iran must suspend all uranium enrichment and that the sanction would be lifted if the country complies with the U.N..

“Unanimously adopting resolution 1737 (2006) under Article 41 of the Charter’s Chapter VII, the Council decided that Iran should, without further delay, suspend the following proliferation sensitive nuclear activities: all enrichment-related and reprocessing activities, including research and development; and work on all heavy-water related projects, including the construction of a research reactor moderated by heavy water. The halt to those activities would be verified by the International Atomic Energy Agency (IAEA).”

The U.N. also stated that “specifically, all States [countries] should prevent the supply, sale or transfer, for the use by or benefit of Iran, of related equipment and technology, if the State determined that such items would contribute to enrichment-related, reprocessing or heavy-water related activities, or to the development of nuclear weapon delivery systems. The Council decided it would terminate the measures if Iran fully complied with its obligations, or adopt additional ones and possible further decisions if the country did not.”

Iran also said that beginning on “Sunday morning, we [Iran] will begin activities at Natanz” which has “3,000 centrifuges” which they “will drive them with full speed” in response to the U.N.’s resolution.

“From Sunday morning, we will begin activities at Natanz, the site of 3,000-centrifuge machines, and we will drive it with full speed. It will be our immediate response to the resolution,” said Ali Larijani, the top nuclear negotiator for Iran.

The U.N. will review the resolution and Iran’s activities in 60 days.

Saturday, October 9, 2010

The 10.10 version of Ubuntu (codename Maverick Merkaat), a free operative system is to be released in the next few days. French Wikinews contributor Savant-fou (Baptiste) has interviewed Fabrice (fabrice_sp on Ubuntu), an Ubuntu’s MOTU (Master Of The Universe), member of the development team of the operative system.

Ubuntu is a computer operating system, based on Debian, which is created collaboratively by thousands of people. There are three official Ubuntu versions: Ubuntu Desktop Edition (for desktop and laptop PCs); Ubuntu Netbook Edition (for netbooks); and Ubuntu Server Edition (for use in servers).

Thursday, November 8, 2007

India is the latest of the countries where the One Laptop Per Child (OLPC) experiment has started. Children from the village of Khairat were given the opportunity to learn how to use the XO laptop. During the last year XO was distributed to children from Arahuay in Peru, Ban Samkha in Thailand, Cardal in Uruguay and Galadima in Nigeria. The OLPC team are, in their reports on the startup of the trials, delighted with how the laptop has improved access to information and ability to carry out educational activities. Thailand’s The Nation has praised the project, describing the children as “enthusiastic” and keen to attend school with their laptops.

Recent good news for the project sees Uruguay having ordered 100,000 of the machines which are to be given to children aged six to twelve. Should all go according to plan a further 300,000 machines will be purchased by 2009 to give one to every child in the country. As the first to order, Uruguay chose the OLPC XO laptop over its rival from Intel, the Classmate PC. In parallel with the delivery of the laptops network connectivity will be provided to schools involved in the project.

The remainder of this article is based on Carla G. Munroy’s Khairat Chronicle, which is available from the OLPC Wiki. Additional sources are listed at the end.

Saturday, October 7, 2006

The city of Bratsk in Irkutsk Oblast, Russia, received a new turbine for its famous 4,500 megawatt hydroelectric plant founded in the mid-1950s on the Angara river. In future this new unit will cause an efficiency rise up to 255MW for each turbine.

Currently, the Bratsk Power Station operates 18 hydro-turbines, each with capacity of 250MW, produced by the Leningrad Metal Works (“LMZ”) in the 1960s. The plant is the second level of the Angara Hydroelectric Stations cascade. Since its full commissioning in 1967, the station was the world’s single biggest power producer until Canada’s Churchill Falls in 1971. Annually the station produces 22.6 billion kWh.

The precious 80 tonne cargo was transported to Pulkovo International airport of Saint-Petersburg where it was loaded on Antonov An-124-100 Ruslan to made all the way to Bratsk by air. On October 4, 2006 it landed in the Bratsk airport. In two days the unit 16 replacement arrived to the assemble place on the Angara river.

Sergey Emdin, CEO of IrkutskEnergo JSC, noted the press that the Bratsk plant reconstruction project includes not only the economical, but the ecological aspect by reducing carbon dioxide emission for 6 million tonnes for the period of 2008-2012.

In 2006 and 2007 the old plant is scheduled to receive two more working wheels – by one for each year respectively, and in 2008 and 2009 another four – by two for each year.

Wednesday, March 31, 2010

The World Health Organization (WHO) is a program of the United Nations and a global authority on human health. In an interview with Wikinews, the WHO tells about the current H1N1 pandemic.

The organization’s 93rd update as of March 26, 2010 states 213 countries, territories, and other communities have laboratory-confirmed cases and there have been at least 16,931 confirmed deaths, including 4,653 deaths in Europe and 7,673 in the Americas.

Wikinews reporter Mike Morales talks with Karen Mah, a media relations representative for the WHO, and asks her several questions.