Saturday, March 8, 2008

Satellite Information Services Limited (SIS), the racecourse television company part-owned by William Hill (19%) and Ladbrokes (23%), has been named by the BBC as the preferred bidder for its Outside Broadcasts division, one of three active businesses within BBC Resources Ltd. Other SIS shareholders include, Thales (Racal) (23%), United Business Media (19%), Racecourse Association (10%) and the Tote (6% – all figures rounded).

SIS Chief Executive David Holdgate would not comment on the terms of the deal, thought to be between £20m and £50m, but said it would be “an ideal acquisition for SIS” and “a perfect fit with our existing SISLink and sports coverage”. The company has long-term contracts with other leading broadcasters, such as Sky and ITV and provides satellite links for live sport and news.

In a statement, the BBC said that it intended to exchange contracts and transfer the Outside Broadcasts business and around 300 staff in the near future, with Andrew Thornton, BBC project director for the sale of the division, saying that “SIS offered the BBC a good deal and best value for licence fee payers”. Mark Tugwell, Director, BBC Outside Broadcasts, added “it’s time for our business to flourish under new ownership, without the constraints of BBC ownership”.

The transfer would mean that SIS will be covering major sporting events including the Beijing Olympics for the BBC in August 2008.

The division — part of the BBC’s commercial subsidiary, BBC Resources Ltd — owns a fleet of 15 television production units plus sound, support and communications vehicles (making a total fleet of over 90) and is based in self-contained premises in Langley, three miles north-west of Heathrow. These units cover events ranging from music festivals and state occasions, to Wimbledon and World Cup football.

On 7th March 2008 the surprise announcement was made that the studio operation — employing around 350 staff at Television Centre and Elstree — would be “retained by the Corporation as a commercial business” after failing to find a buyer.

The fate of this third business has yet to be announced with the BBC continuing negotiations with the preferred bidder “understood to be a company based in west London“.

Was not included in the privatisation — in early October 2007 it was announced that the business was to close within six months and the entire stock sold as a complete collection. The sale fell through, and on 14th February 2008 the department ceased trading, with a BBC spokeswoman adding that “the arrangements [the corporation] was pursuing have not worked out and BBC Resources is currently inviting interested parties to consider making an offer to purchase.”

BBC Costume and Wigs — which had been trading as part of BBC Studios — was the second largest collection of its kind in the UK, after the leading suppliers Angels The Costumiers.

Saturday, September 17, 2005

At Thursday’s keynote presentation of the Tokyo Game Show, Nintendo president Satoru Iwata unveiled the controller design for the company’s new Nintendo Revolution console. Resembling a television remote, the controller uses two sensors placed near the user’s television to triangulate its position in three-dimensional space. This will allow players to control actions and movements in video games by moving the device through the air.

The remote control design is said to target new players who are unfamiliar with traditional video game controllers.

A supplementary peripheral has also been shown, consisting of a separate plastic grip that is designed to be held in the player’s second hand. It provides an analog stick and two trigger buttons, and connects to the bottom of the main controller with a simple cord. Additionally, Nintendo has suggested that the main controller will be able to slide inside a “shell” that will allow it to function like a conventional video game controller.

The Revolution is expected to be released next year.

Tuesday, July 29, 2008

As gas prices have risen in the United States, the regional transport authority for southeastern Pennsylvania, SEPTA, has seen a sharp increase in ridership, which has caused overcrowding on the trains.

“As fuel prices have continued to rise, SEPTA ridership has steadily increased and is the highest in 18 years,” said SEPTA General Manager Joseph Casey. Monthly ridership was 22 percent higher last month than a year ago.

“They have crushed loads on their rail lines, already where people are standing, and there’s not enough seats,” said Rich Bickel, the director of the Delaware Valley Regional Planning Commission.

“At peak times some railcars are standing room only and commuter parking lots are nearly full. All Regional Rail lines are running near full capacity and the train station parking lots are at about 90 percent capacity or more,” SEPTA spokesperson Felipe Suarez said.

While SEPTA awaits new Silverliner V trains from Hyundai Rotem, which begin arriving in 2009, it had hoped to lease eight rail cars from New Jersey Transit, at an agreed-upon rate of US$10,000 per month. However, due to problems with insurance and liability indemnification, the deal fell through, according to Casey.

SEPTA has entered a new agreement to purchase the eight rail cars from NJ Transit. The transit authority will pay US$670,000 for the cars and assorted supplies plus one additional inoperative car which will be used for spare parts. The rail cars will be operated using a SEPTA provided locomotive as they are not self-propelled.

The cars are being disposed of by NJ Transit because it has switched from single-floor cars to double-decker cars.

SEPTA is expecting to raise US$3.1 million by selling rail that has been out of service since 1981 at auction.

See the discussion page for instructions on adding schools to this list and for an alphabetically arranged listing of schools.

Due to the damage by Hurricane Katrina and subsequent flooding, a number of colleges and universities in the New Orleans metropolitan area will not be able to hold classes for the fall 2005 semester. It is estimated that 75,000 to 100,000 students have been displaced. [1]. In response, institutions across the United States and Canada are offering late registration for displaced students so that their academic progress is not unduly delayed. Some are offering free or reduced admission to displaced students. At some universities, especially state universities, this offer is limited to residents of the area.

Monday, November 5, 2012

The following is the twelfth and final edition of a monthly series chronicling the U.S. 2012 presidential election. It features original material compiled throughout the previous month after a brief mention of some of the month’s biggest stories.

In this month’s edition on the campaign trail: a fan of Wikinews asks a critical question at the Second presidential debate; Gary Johnson discusses Syria and foreign intervention with Wikinews, and three candidates give the their final plea to voters ahead of the November 6 election.

Sunday, January 10, 2010

Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter.

The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. Over the whole of 2009 total Chinese exports reached US$1.2 trillion, above Germany’s forecast $1.17 trillion.

Huang Guohua, a statistics official with the customs administration, said the December exports rebound was an important turning point for China’s export sector. He commented that the jump was an indication that exporters have emerged from their downslide.

“We can say that China’s export enterprises have completely emerged from their all-time low in exports,” he said.

However, although China overtook Germany in exports, China’s total foreign trade — both exports and imports — fell 13.9% last year.

Friday, July 22, 2005

Administrators PriceWaterHouseCoopers (PWC) have announced that the British car company MG Rover and its engine manufacturer Powertrain Ltd has been sold to Chinese company Nanjing Automobile for an unknown sum of money. The company beat bids from Shanghai Automotive (SAIC), despite being the smaller of the two.

MG Rover collapsed this Spring, after struggling to make a profit for several years.

SAIC had tried to buy only the engine plant and then transfer it to China, but in June Nanjing Automobile approached PWC with a combined bid for both the car manufacturing company and Powertrain. This Monday SAIC bid for both but the offer was inferior to Nanjing’s.

Nanjing has indicated that it too will move the engine production plant to China, along with some car manufacturing. However it also intends to continue building cars in Britain, and establish an engineering research and design centre there in an effort to expand its sales globally. Nanjing intends to start hiring at once.