The sisters got into an argument on Keeping Up with the Kardashians
The sisters got into an argument on Keeping Up with the Kardashians
Is Rishi Sunak just Osborne in disguise?. London novels | Guising | Free school meals | Rishi Sunak | Durham students
Scores of councils in England activate half-term food schemesMajority providing children’s meals are Labour-run though some Tory councils are breaking ranks
A dubious flag on what seemed like a routine hit in the Falcons-Lions game will draw some more heat on quick-trigger referees.
Donald Trump's reelection campaign was buffeted Sunday by another Covid-19 outbreak in his team, surging infections across the United States, and an uncomfortable admission by his chief of staff.
Hamilton etched his name into motor racing immortality with the 92nd win of his career at Portimao.
The Czech government will almost certainly have to tighten its anti-coronavirus measures again as current curbs have not halted a surge in infections, Prime Minister Andrej Babis said on Sunday. Cases are up across Europe, but the Czech Republic has recorded the sharpest rises in infections on the continent in recent weeks. "The measures which we have taken, aren't working yet," Babis said in a video message on his Facebook page.
Lewis Hamilton declared himself in dreamland on Sunday after winning the Portuguese Grand Prix to notch up a record 92nd triumph at a Formula 1 race. Hamilton, who is seeking a record-equalling seventh drivers’ title, finished the 66 laps of the Autódromo Internacional do Algarve in one hour, 29 minutes and 56 seconds.He was 25 seconds ahead of his Mercedes stablemate Valtteri Bottas. Red Bull’s Max Verstappen was third.With five races remaining of a season reconfigured due to the coronavirus pandemic, Hamilton leads Bottas by 77 points and Mercedes are 209 points ahead of Red Bull in the constructors’ race."I only ever dreamed of being where I am today," said Hamilton after embracing his father Anthony, who managed his early career."I didn't have a magic ball when I chose to come to Mercedes. All we have ever tried to do is make the most of it every single day. We are all rowing in the same direction."ConsistencyHamilton claimed his first victory at the Canadian Grand Prix during his debut season in 2007. His 92nd came in his 262nd race 14 years later.At the age of 35, the Briton holds the record number of wins and the accolade of the only driver to have won a race in every F1 season in which he has competed.GratitudeHamilton, who moved to Mercedes in 2013 after starting his career at McLaren, paid tribute to the Mercedes team. "I really owe it all to these guys for their teamwork, continually innovating and pushing the barrier ever higher every year. "Thanks to everyone for continually pushing, no one is sitting back, everyone is pushing. It's the most incredible thing to be surrounded by these guys, it really inspires you - the collaboration - there is nothing like it."Mercedes team chief Toto Wolff, who has helped guide Hamilton to five of his world titles and the team to an unprecedented six in a row, said: "Who would've thought when we started this project in 2013? It's almost a surreal number of wins."From Lewis, it's his absolute passion and energy and its everything he puts into the sport - and the talent and the ability. He's just standing out."
More than 100,000 people took to the streets of the Belarusian capital Minsk on Sunday, the final day of an ultimatum set by the opposition for the embattled strongman leader to resign after months of mass protests.
There will be a nighttime curfew between 11pm and 6am as the country tries to get spiralling Covid-19 cases under control.
The Oct. 24 telecast of Saturday Night Live, featuring Adele in her hosting debut and musical guest H.E.R., drew a 5.0 rating household Live+Same Day rating in the 44 metered local markets and a 2.4 adults 18-49 rating in the 25 markets with local people meters. The episode, which opened with a parody of the […]
A new studio album from Drake is coming early next year. The Toronto-born rapper released a short teaser on Saturday, which also happened to be his 34th birthday. The caption confirmed that the name of the album is "Certified Lover Boy," and the release date is January 2021. Within the short clip, a young boy […]
England retained the women’s Six Nations with a game to spare thanks to Scotland’s draw with France on Sunday.
(Bloomberg) -- Cenovus Energy Inc. agreed to buy Husky Energy Inc. in a C$3.8 billion ($2.9 billion) all-stock deal that will combine two of the largest players in Canada’s beleaguered oil-sands industry, which is struggling after the slump in crude prices.The transaction will create the country’s third-largest oil and natural gas producer and lead to C$1.2 billion in savings, the companies said Sunday in a statement. Following the completion of the deal, Hong Kong billionaire Li Ka-shing and CK Hutchison Holdings, the conglomerate he founded and Husky’s biggest shareholder, will together own about 27% of Cenovus.Like most of their industry peers, Cenovus and Husky are currently losing money following the crash in oil demand due to the pandemic. But even before the devastating impact of Covid-19, the oil sands of Alberta had already lost their luster due to a chronic lack of pipeline capacity to export crude. That has forced producers there to accept hefty price discounts.Husky shareholders will receive 0.7845 of a Cenovus share and 0.0651 of a Cenovus share purchase warrant in exchange for each Husky common share. That represents a 21% deal premium excluding warrants. The takeover is valued at C$23.6 billion when debt is included.The oil sands also face increased environmental scrutiny arising from their carbon intensity, which makes the deposits more polluting to exploit than conventional reserves or shale. International oil majors including Norway’s Equinor ASA, France’s Total SA and Houston-based ConocoPhillips have either left or reduced their presence in Canada in recent years.Company valuations have crumbled in the past five years: Husky’s shares are down 85% while Cenovus has dropped 75%.Buying Husky will boost Cenovus’s production to about 750,000 barrels a day of oil equivalent from about 475,000 now. But perhaps more importantly, it will gain substantial downstream assets, namely additional refinery and pipeline capacity.That will equip Cenovus to refine and upgrade 70% of its crude at its own refineries, which means the company will sell less oil in the local market but more refined products. Cenovus says that will leave it less exposed to Western Canada Select, the local benchmark price, which usually trades at a discount of more than $10 a barrel to West Texas Intermediate, partly because of pipeline constraints.Asset SalesThe merged company will be cash-flow positive “right out the gate,” Cenovus Chief Executive Officer Alex Pourbaix said in an interview. According to the statement announcing the deal, the company will break-even at $36 a barrel for WTI crude. That’s seen falling to $33 by 2023. WTI closed Friday at $39.85.“The combined entity is far more resilient,” Husky CEO Robert Peabody said in the interview. “We will deleverage faster.”Cenovus will look at asset sales, Pourbaix said. “Nobody should be surprised if non core assets are sold,” he said. Husky’s retail business is a division “we will take a look at.”The deal is the largest in the Canadian oil industry since Husky’s attempted C$2.75 billion hostile takeover bid for MEG Energy Corp. Husky abandoned that transaction in January 2019 after failing to win enough shareholder support.Pourbaix said both Cenovus and Husky started their “on-and-off again” merger discussions during the pandemic, with a more concentrated effort to reach an agreement over the last couple of months.The deal is expected to close in the first quarter of 2021, after which Cenovus will have about C$12 billion in net debt and C$8.5 billion in committed credit facilities from a broad banking syndicate.U.S. DealsThe C$1.2 billion in savings comprise C$600 million from reduced capital spending and C$600 million in corporate and operating cost cuts, including job reductions. Cenovus will continue to operate as Cenovus Energy with its headquarters remaining in Calgary.The tie-up also follows a recent flurry of oil and gas deals south of the border that’s shaking up the U.S. shale industry. Just last week, ConocoPhillips agreed to buy Concho Resources Inc. for $9.7 billion takeover and Pioneer Natural Resources Co. agreed to acquire Parsley Energy Inc. for $4.5 billion. EQT Corp., the biggest producer of U.S. natural gas, is also seeking to acquire rival CNX Resources Corp., people familiar with the matter said last week.RBC Capital Markets and TD Securities are Cenovus’s financial advisers on the deal and Bennett Jones LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are its legal advisers. Goldman Sachs Group Inc. and CIBC Capital Markets are Husky’s financial advisers and Osler, Hoskin & Harcourt LLP and Norton Rose Fulbright US LLP are its legal advisers.(Updates with CEO’s comment in seventh paragraph. A previous version was corrected to reflect some prices were in Canadian dollars.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Two disasters in one play for the Browns: Baker Mayfield throws an interception and Odell Beckham Jr. injures his knee.
Arkansas Gov. Asa Hutchinson said the president should be "truthful" and "realistic" about the COVID-19 crisis.
Will it change anything for the Jets or Gase?
Health policy specialists questioned White House officials' claim that federal rules on essential workers allow Vice President Mike Pence to continue to campaign and not quarantine himself after being exposed to the coronavirus. Campaigning is not an official duty that might fall under the guidelines meant to ensure that police, first responders and key transportation and food workers can still perform jobs that cannot be done remotely, the health experts said. A Pence aide said Sunday that the vice president would continue to work and travel, including for campaigning, after his chief of staff and some other close contacts tested positive.
Alvaro Negredo looked to have put Cadiz in front when he found the net following a free kick but the goal was ruled out after a VAR review, which ruled that Anthony Lozano, the match-winner in last week's victory over Real Madrid, was offside. Villarreal are second on 12 points from seven games still without an away win, while Cadiz are fifth on 11 and awaiting their first home win since returning to the top flight.
Ion Izagirre climbs to stage win and Carapaz takes maillot rojo
Royal Navy has been informed of incident involving stowaways, The Independent understands