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Wednesday, January 9, 2008

A bid made by Singapore Airlines for a 24% stake in China Eastern Airlines was turned down by minority shareholders.

Talks about a sale started in March 2007 when Singapore Airlines and China Eastern started negotiations about a possible deal. According to Forbes the deal would have helped China Eastern’s earnings and accelerate the consolidation and would have improved the market position of China’s third-largest airline. Talks went on throughout the year and both companies suspended trading of their shares on May 21, 2007, according to a AFP press release.

The vote took place at a shareholder meeting in Shanghai, People’s Republic of China. According to Financial Times Online, the blocking of the SA bid by minority shareholders is bad news for China Eastern Airlines managers, who were and still are in full support of Singapore Airlines, which the Singaporean government owns a 55% stake in via Temasek Holdings.

Financial Times Online says this is most likely due to the fact that Air China not having made any formal bids yet, instead creating many media rumors about a possible purchase. The bid by Air China, that is likely to be larger than that of Singapore Airlines, may be supported by Cathay Pacific, who are in a cross-shareholding relationship with China National Aviation Corp., the parent company of Air China.

Monday, December 8, 2008

More details have emerged over the weekend after the surprise announcement last week of Honda‘s intention to sell its Formula One racing team, Honda Racing F1. The team management, Nick Fry and Ross Brawn, have already announced confidence in their ability not only to find a buyer for the team but also to deliver the performance expected of Honda’s 2009 car. Prices as low as £1 have been put forward as possible prices tags for the Northampton based team, with Honda CEO Takeo Fukui stating that “Just to make the team possible to exist, a small price tag is acceptable”.

On Saturday the Japanese car giant said that before selling the team it was going to offer British driver Jensen Button, who had given the Honda team its only victory, a way out of his recently signed multi-million pound contract with the team so he could try to get a drive with other teams. However, Ross Brawn appears eager to retain the Briton and either retain Brazilian Rubens Barrichello or sign GP2 driver Bruno Senna, nephew of legendary racer Ayrton Senna. At an industry awards dinner, Button indicated his desire for a buyer to be found for Honda, saying any buyer would get “… a great team with excellent facilities. And with the leadership of Ross Brawn, and the whole team as they are, we can come through this and be on the grid in 2009”. Button has also spoken of his shock and pain at Honda’s decision.

Ross Brawn, who was brought into the Honda team with much fan fare before the 2008 season, has spoken of his shock at finding out about the sale of the team. Brawn, who is credited with helping Michael Schumacher and Ferrari dominate Formula One for much of the last decade, indicated he was expected funding cuts and had prepared a reduced budget but hadn’t expected the full withdrawal of support that Honda announced. Brawn has also indicated understanding of Honda’s reasoning, with their sales down 40% in some markets and Honda F1’s £200m+ budget a cost they were unwilling to bear.

Though Honda has committed to providing a budget for the team until March, the budget is lower than that which had been expected and so the team has had to pull out of the crucial winter tests at Jerez. This has denied Formula One hopeful Bruno Senna another test with the team and has combined with the engine implications of Honda’s withdrawal to push the new car’s final testing from January to March, just weeks before the first Grand Prix in Australia. Ross Brawn however remains confident of competing with new Formula One frontrunners BMW Sauber and Formula One supremo Bernie Ecclestone has tipped the team as a great buy, saying “I’ve no doubt Honda would have been in top four next year without any problems. They’ve spent a lot of money to put themselves in that position so if anyone does want to be in F1 this is a team they should look to buy. It’s a big opportunity for any company that’s run efficiently to benefit”.

Monday, September 8, 2008

Toronto residents are abuzz as the stars walk among them, during the 2008 Toronto International Film Festival. The capital of and largest city in Ontario, Canada has been playing host to the premieres of major motion pictures, up-and-coming indy films, and international films alike. Over the last few years, the festival has become one of the most popular in the world.

On September 5, Wikinews sent freelance photographer Richard Burdett to the eTalk Festival Party, held by television broadcaster CTV. Described as a celebration of Canadian and international film and filmmakers, the party was held at CTV’s festival headquarters, the former CHUM-City Building. The red carpet extended into the parking lot stage area meaning celebrity guests were interviewed in the same spot where Diddy performed. DJ Samantha Ronson spun well into the night for revelers, as Lindsay Lohan hid from prying eyes inside the building.

Hosted by Ben Mulroney and Tayna Kim of CTV’s eTalk program, the party was broadcast live for an hour on Startv.

• Director Atom Egoyan and his actress wife Arsinee Khanjian are always popular guests on the Toronto film scene.

• Chantal Kreviazuk will be performing at Wednesday’s 2008 Best Buddies Leadership Award gala and concert.

• The cast of Degrassi: The Next Generation visited.

• Diddy continued his performance throughout the night.

• Avatar, Titanic director James Cameron, was a Canada’s Walk of Fame that weekend.

• Jacqueline MacInnes Wood is Steffy Forrester on The Bold and the Beautiful

• Actress Julie Bowen was gearing up for inducting Michael J. Fox into Canada’s Walk of Fame.

• Justin Trudeau and wife Sophie Gregoire got one last night before the Canadian federal election trail.

• Canada’s “hip-hop ambassador”, Kardinal Offishall.

• Sir Richard Branson was in town for the Virgin Music Festival and new Virgin Radio 999 FM station.

• One Tree Hill‘s Sophia Bush has been seen at many parties.

• Basketball player Steve Nash was in town to be honoured by Canada’s Walk of Fame.

• Kids in the Hall goofs around on the red carpet.

Wednesday, April 29, 2009

The game publisher Konami stated today in a Japanese newspaper that they will not be releasing the game Six Days in Fallujah. The game is based on the Second Battle of Fallujah, a vicious battle between American and Iraqi forces.

“After seeing the reaction to the video game in the United States and hearing opinions sent through phone calls and e-mail, we decided several days ago not to sell it,” Tokyo based Konami told the newspaper. “We had intended to convey the reality of the battles to players so that they could feel what it was like to be there.”

The developer of the game, Atomic Games, received controversial feedback from families of dead soldiers stating the game’s concept as “exploitative and distasteful”, as paraphrased by the The Wall Street Journal.

That paper also quoted a woman whose son had died in the Iraq war, who said “These people who aren’t affected by the war get to sit on their couch and play this ‘fun’ game.”

Video game developer Atomic Games has not yet stated a reaction to Konami’s announcement.

Sunday, November 4, 2007

Australian federal member of Calare, Peter Andren died on Saturday after a short battle with pancreatic cancer. He was aged 61.

Mr Andren who had held the seat since being elected in 1996 had previously announced his intention to run for the senate after his electorate was changed for the 2007 federal election. After Mr Andren was diagnosed with cancer in July, he announced that he would be retiring from politics at the election.

Mr Andren’s 1996 campaign platform was based upon retaining services in regional Australia, particularly banking, health and telecommunications. Over the next 11 years, Mr Andren’s primary vote grew and at the 2001 and 2004 elections was elected without preferences, achieving a majority primary vote.

In 2001, Mr Andren disagreed with his electorate on refugees. The electorate supported the government’s tough stance but Mr Andren could not support the government’s border protection measures. Following this, a vicious letter-box campaign rose up saying “you might like Peter Andren … but you won’t like what he’s got to say about keeping our borders safe”.

Fellow NSW independent member, Tony Windsor said Mr Andren’s stance on asylum seekers was just one sign of his compassion and strong belief in human rights.

Mr Windsor described Mr Andren as the “conscience” of parliament. “Peter Andren was a true representative of the people of the Calare electorate, a man of the highest integrity and the conscience of the Parliament,” he said.

“He was subjected to vitriol from time to time within the Parliament over issues, but if he believed in something he stuck to it. He didn’t compromise and I think that’s a lasting legacy that Peter will leave.”

Prime Minister John Howard said despite having a difference of opinion with Mr Andren on many issues, he had a lot of respect for him.

“I respected his skills as a local member,” he said.

“Mr Andren and I frequently disagreed on major issues and he made no bones about that and I made no bones about it either but that didn’t stop me respecting him and acknowledging the tremendous work he did for his electorate.”

Labor leader Kevin Rudd described Mr Andren as a true independent.

“Peter Andren will be a great loss to the Australian parliament,” he said.

“He was a man of principle, a man of commitment, a man who was an absolute independent.”

Leader of the Greens, Bob Brown said Mr Andren was an example of how a politician should be.

“He was an exemplar of representative politics for his electorate and the people of Calare kept returning him with a bigger and bigger majority,” he said.

“[If] anybody ever asks me how a politician should be, I am going to say, ‘Look at the record of Peter Andren'”

“He was a great Australian representative and he is a great loss to this country.”

During his political career, Mr Andren fought the sale of Telstra, introduced a bill to allow MPs to opt-out of their generous superannuation schemes, opposed the Iraq war and campaigned on environmental issues.

Mr Andren was born at Gulargambone, near Dubbo in Western NSW in 1946. Before he entered politics Mr Andren worked as a teacher before moving into journalism. Mr Andren worked as a news producer in Sydney for the Seven and Nine networks, before moving back to regional NSW where he worked as the news editor for both Radio 2GZ and Prime Television.

Mr Andren is survived by his partner and two sons.

Wednesday, May 14, 2008

A community forum was held Monday in Mesa, Arizona, to discuss a recent attack on two Mormon teenagers which took place May 2 at a park in Gilbert. Local representatives from the NAACP and the Phoenix Anti-Defamation League attended the meeting, where local police met with area residents and concerned citizens to discuss the incident. Approximately 60 residents of Mesa attended the forum, which was hosted by the Mesa Police Department and held at the Mesa Public Safety Training Facility.

Local police investigated the attack, and arrested two teenagers. According to the police the two suspects ages 15 and 16 have carved swastikas into their skin on the inside of their wrists, and allegedly beat the Mormon teenagers and attacked them using pellet guns. According to a police report, one of the teens sustained golf-ball-size swelling and cuts to his face. One of the victims of the attack was transported to the hospital. Police said that the suspects made anti-Mormon statements during the attack.

Terrea Arnwine, vice president of the East Valley NAACP, discussed the history of hate crimes and related the origins of his organization. “I immediately spoke up when I heard about the incident with LDS,” said Mesa police Chief George Gascón. LDS refers to The Church of Jesus Christ of Latter-day Saints, also called the Mormon Church or LDS Church.

“This is America; this isn’t supposed to happen here. This is the legacy we have been left with — unfortunately it is oftentimes not true,” said Anti-Defamation League representative Bill Strauss. According to the Arizona Department of Public Safety, 254 incidents were reported in 2003 involving hate crimes, though Strauss said that the actual number of incidents could be higher due to underreporting.

The Gilbert Human Relations Commission also discussed the incident in a meeting Wednesday. “It’s an abysmal, and abominable occurrence, and yet it’s extremely rare, and I think that speaks volumes of our community,” said Patricia Krueger of the Human Relations Commission.

Detective Terry Burchett of the Gilbert Police Department conducted interviews with 20 to 30 individuals as part of the investigation into the attack. According to police, a conflict arose between two groups of teenagers at a park in Gilbert, and some teenagers were asked by others if any in their group were Mormon. The victims later told police that they were attacked because they are Mormon.

According to The Arizona Republic, police are not yet certain that the attack should be considered a hate crime. Both teenagers have been charged with underage drinking, disorderly conduct and aggravated assault, and were booked into the Maricopa County Juvenile Detention Facility. According to KNXV-TV one of the suspects is a football player at Mesquite High School in Gilbert.

The parents of the victims spoke with KNXV-TV reporter Christina Boomer. The victims are ages 15 and 17. The parents of one of the victims said that their son’s face was pushed into the gravel and that he sustained a fractured collarbone, and the father of the other victim said his son has a broken nose and fractured cheekbone from the attack, in addition to facial lacerations.

One of the teens’ mothers stated: “I broke down, I just, I couldn’t believe the way he looked.” “No parents should see their kids in that kind of situation … I don’t believe that anybody should be persecuted for their beliefs or their faith,” said the father of the same teenager.

Tuesday, December 1, 2009

With two by-elections coming up in Australia, many minor parties and independents will be looking to gain a seat in the House of Representatives. Stephen Murphy is one of the independents.

Mr Murphy is a computer programmer from the Melbourne suburb of Brunswick.

“After growing up in South-East Melbourne I studied Science at Monash with first class Honours, worked in Europe for 10 years and have recently returned to Australia. I work in finance as a computer programmer and speak five languages,” Mr Murphy said.

Wikinews reporter Patrick Gillett held an exclusive email interview with Mr Murphy, candidate for the Division of Higgins.

((WN)) Why do you want to get into parliament?

Stephen Murphy: I am standing up for what I believe is the correct course of action on the biggest issue in Australian politics in 100 years – Kevin Rudd’s flawed emissions trading scheme (ETS).

((WN)) What would the three main policies you are taking into this by-election be?

SM: I will oppose the emissions trading scheme, ensure that all government policy is based on accurate scientific evidence and return common sense to Canberra

((WN)) How would you address these policies?

SM: By asking for a Royal Commission into climate change so that the facts (such as that global warming stopped in 2001 and the emissions trading scheme will not change the climate one bit) are openly presented to the Australian people.

((WN)) Sending asylum seekers to Indonesia: good or bad?

SM: Any government policy that does not properly consider all implications (be it emissions trading, or any other issue) is a bad one.

((WN)) Is the Australian dollar’s near parity with the US dollar a sign that the Australian economy is healthy, the US economy in chaos or both?

SM: It’s a sign of both. Many countries around the world look with envy at how well (relatively) Australia is doing, to our credit! It is of concern that the American economy is in such bad shape and that their levels of debt seem unsustainable.

((WN)) How do you rate the governments economic stimulus package?

SM: The economic stimulus package was poorly targeted and poorly carried out. When we could have been building roads, dams, railways and hospitals yet instead we were paying for tattoos, PlayStations and overseas holidays.

((WN)) Should it be wound back?

SM: The question about levels of stimulus spending is a complicated one and requires expertise in economics, however one could say in general terms that all government spending should be well targeted and spent in the most efficient way.

((WN)) Is Kevin Rudd a better Prime Minister than John Howard?’

SM: Australian voters are the best judge of that and we will know in 2019 🙂

((WN)) Is the Carbon Pollution Reduction Scheme an effective solution to climate change? Why?

SM: Absolutely not. The CPRS will not change the climate by any amount that we can measure – it’s just a new tax that will hurt Australians and drive businesses and jobs overseas. Since 2003 there has been mountains of new scientific data which contradicts the popular theory that human carbon dioxide emissions are causing significant global warming. Recently, many of the scientists who wrote the IPCC report (on which the ETS / CPRS is based) have been reported as manipulating scientific data to create scary global warming scenarios. The science is definitely not settled

((WN)) Is there a better solution?

SM: We can very easily refocus the momentum and goodwill that has been generated on climate change and channel this energy into other worthwhile environmental projects in Australia that will make a difference.

((WN)) Why should the electorate vote for you?

SM: I will oppose the ETS and support responsible environmental policies instead of radical environmental policies that could end up costing every Australian taxpayer $4550 per year in new taxes.