Thursday, 24 Sep 2020

Several students injured as double-decker school bus crashes into bridge in Hampshire

Analisse Taft-Gersten, James Gersten selling NYC pied-à-terre

Analisse Taft-Gersten, founder of the ALT for Living furniture and decor showroom, lives in a sprawling modern Greenwich, Conn., home with her husband, James Gersten — co-founder of Manhattan taco mini-chain La Esquina and a food and hospitality consultant — and their kids.

But the couple also own a little Murray Hill pied-à-terre, for when they had work events in the city that is walking distance from Grand Central Terminal.

They are now putting the studio on the market for $599,000.

The 14th-floor co-op is at 10 Park Ave. — a 26-story tower built in 1932 as an art deco hotel.

“We had always had our eyes on this historic building, and several of our friends were living there, too,” Taft-Gersten told Gimme Shelter.

But then she opened a second showroom in Los Angeles. Many of Gersten’s projects and clients are also outside of the city, so “it didn’t make sense” to keep it.

The light-filled co-op features a windowed chef’s kitchen and an entrance gallery that can morph into a home office or dining “alcove,” according to the listing.

There’s also a living/bedroom area that can fit a king-size bed and prewar details, including casement windows, beamed ceilings, molding and oak floors. Building amenities include a landscaped roof terrace.

The couple bought the unit for $505,000 in 2018, according to property records.

The listing broker is Michael J. Franco, of Compass.

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Akzo Nobel Sees Q3 Revenue To Be Close To Previous Year In Constant Currencies

Akzo Nobel N.V. (AKZOY.PK,AKZOY) announced that market headwinds have continued to ease during the recent months, and it now expects third-quarter total revenue to be close to previous year in constant currencies.

Although trends differ per region and segment, “end market demand for Decorative Paints is strong in Europe and South America and continues to improve for Performance Coatings,” the company said.

Rank Group FY20 Profit Down, Not To Propose Final Dividend – Quick Facts

British casino operator Rank Group Plc. (RNK.L) reported Thursday that its fiscal 2020 profit after taxation fell 66 percent to 9.4 million pounds from last year’s 27.6 million pounds.

Basic earnings per share declined to 2.5 pence from 7.4 pence last year.

Underlying earnings per share were 7.0 pence, compared to 15.3 pence a year ago.

Net gaming revenue or NGR decreased 8 percent to 638.1 million pounds from 695.1 million pounds last year, impacted by closed venues during the Coronavirus pandemic.

Group underlying NGR fell 15 percent to 585.1 million pounds from prior year’s 685.1 million pounds.

In light of the COVID-19 pandemic and its subsequent material impact on the business, the Board will not be proposing a final year dividend.

Looking ahead, the company said, “We expect to rebuild our revenues through the year with an increase in footfall expected once social distancing and other supply constraints reduce and customer confidence returns. The pace at which revenues return will determine our ability to restore the dividend and invest in the transformation of Rank.”

Air Liquide Finalizes Deal To Acquire Oxygen Production Site From Sasol

Air Liquide (AIQUY.PK) said it has now entered into a business purchase agreement with Sasol for the company to acquire the oxygen production site in Secunda, South Africa. Air Liquide will own and operate the 16 air separation units of this site, with an installed capacity of 42,000 tons/day, in addition to the unit it already operates. The amount of the initial investment would be approximately 440 million euros.

With the acquisition, Air Liquide targets reduction of 30% to 40% in CO2 emissions arising from the oxygen production by 2030.

Motor racing: Sebastian Vettel to join Aston Martin F1 team from 2021

(REUTERS) – Four-time Formula One world champion Sebastian Vettel will race for Aston Martin, the renamed Racing Point team, from 2021, the Canadian-owned outfit said on Thursday (Sept 10).

The 33-year-old German replaces Mexican Sergio Perez, whose departure at the end of the 2020 season was announced on Wednesday.

“I am pleased to finally share this exciting news about my future. I’m extremely proud to say that I will become an Aston Martin driver in 2021,” Vettel said in a team statement.

Ethiopia Expects to Hold General Elections in Next 12 Months

Ethiopia expects to hold general elections in the next 12 months after an earlier vote scheduled for August was postponed because of the coronavirus pandemic.

“I really want the elections, for the Ethiopian people to pick who they want and confirm the legitimacy of the government,” Prime Minister Abiy Ahmed said on state-controlled Ethiopian Broadcasting Corp. Lawmakers voted to extend the government’s mandate until a ballot is held.

Authorities have had time to learn about the virus, and a vaccine will probably be available to protect people, Abiy said, adding relevant institutions will make a final decision on a schedule.

The ballot is seen as a test for Abiy, who won last year’s Nobel Peace Prize. Reforms implemented by his administration have partly deepened political tension in the country, with some groups calling for greater regional autonomy. The Tigray region this week held elections despite a ban by the federal government.

Several students injured as double-decker school bus crashes into bridge in Hampshire

Several students have been injured after a double-decker school bus crashed into a bridge in Hampshire.

A statement issued by council officials said the accident happened in Well House Lane, Winchester.

One witness told Sky News the bus was full and that some pupils had been hurt.

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