Siemens to stop selling turbines for new coal-fired power plant projects

first_imgSiemens to stop selling turbines for new coal-fired power plant projects FacebookTwitterLinkedInEmailPrint分享Reuters:Siemens Energy, which builds steam turbines for power plants, will no longer take on new business to supply coal-fired powered stations, it said on Tuesday, making it the latest firm to scale back fossil fuel-related operations.Selling turbines to coal-fired power plants accounts for a low single-digit percentage of the company’s sales, or roughly 820 million euros ($970 million) based on 2020 figures. It has said the business is profitable.Siemens Energy will still meet existing commitments, including placed bids, and honour service contracts for combined heat and power stations.Siemens Energy, which owns 67% of wind turbine maker Siemens Gamesa, makes about 30% of its sales by catering to fossil-fuel power stations, mostly gas, where it competes with General Electric and Mitsubishi Heavy Industries.Fourth-quarter earnings before interest, tax and amortisation (EBITA) before special items fell 87% to 70 million euros ($83 million) due to impairments and restructuring costs.[Christopher Steitz]More: Siemens Energy drops most coal business following spin-offlast_img read more

Lending executive sentenced for fraud

first_imgMike Alcorn, president/CEO for the $30.7 million Morehead Community Federal Credit Union in Morehead, Ky., thought his vice president of lending Brenda Rudd was a great asset because she was well known and liked by members.But when Rudd took a vacation in July 2014 and Alcorn reviewed her loan documents, he was shocked to uncover irregularities that revealed one of his best employees was an embezzler. continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Clippers add Moe Harkless as part of 4-team trade sending Jimmy Butler to Miami

first_img What the Clippers are saying the day after Luka Doncic’s game-winner tied series, 2-2 Once the trade was reported, Harkless took to Twitter looking to record his first assist for his new team: “Anybody got kawhi number??” The Clippers already hold Miami’s 2021 first-round pick, which they acquired in the Tobias Harris trade with Philadelphia in February.Miami’s initial multi-team sign-and-trade attempt for Butler reportedly included the Dallas Mavericks, who were said to have sought to acquire guard Goran Dragic, but that deal fell through Sunday.Related Articles Last season for the Blazers, Harkless averaged 7.7 points per game and shot 27.5 percent from behind the 3-point line – after shooting 41.5 percent the previous season. Newsroom GuidelinesNews TipsContact UsReport an Error Clippers vs. Mavericks Game 5 playoff updates from NBA beat reporters center_img Kristaps Porzingis ruled out as Clippers, Mavericks set for Game 5; Follow for game updates The Clippers have acquired Moe Harkless and a protected 2023 first-round draft pick as part of the four-team trade that will allow the Miami Heat to (finally) acquire All-Star guard Jimmy Butler, ESPN reported Monday.The Clippers will take on Harkless’ $11 million expiring contract and for their troubles gain Miami’s pick, which will help replenish the Clippers’ draft stockpile that was lightened some when they traded a protected 2020 first-round pick to the Brooklyn Nets to nab 21-year-old center Mfiondu Kabengele with the 27th pick in the NBA Draft.Miami reportedly will sign Butler to a four-year, $142 million contract. The rest of the deal: Miami also will send center Hassan Whiteside to the Portland Trail Blazers in exchange for Meyers Leonard. And the Heat are trading guard Josh Richardson to the Philadelphia 76ers. It’s all to secure the salary cap flexibility needed to complete the sign-and-trade deal with the 76ers for Butler, per reports.The Clippers still have the max-contract salary space to sign free agent superstar Kawhi Leonard. Harkless – a versatile defender and New York City native who has represented the Puerto Rican national team – will be a starting-caliber forward who conceivably would fit with Kawhi Leonard. For Lakers’ LeBron James, Jacob Blake’s shooting is bigger issue than a big Game 4 victory Clippers hope they can play to their capabilities, quell Mavericks’ momentum last_img read more

Andorra – B&H 0: 3: Džeko hit a Hat-trick, three Assists of Lulić for three important Points

first_img( Bosnia and Herzegovina national football team won against Andorra last night, with a score 3: 0.Edin Džeko scored all three goals, and Senad Lulić provided all three assists. Dragons finally got their UEFA EURO 2016 target completed after the fifth attempt.It will stay registered that the new coach, Mehmed Baždarević, debut victory on the bench of national team.Otherwise, the hosts started the game cautiously, but extremely aggressive. Dragons have been imposed, tended to score at an early stage of the match.The initiative paid off in the 13th minute when Dragons break through host’s defense. Lulić perfectly laid off a lofted ball to the captain, and Džeko crashed in a powerful low shot for the lead of Bosnia and Herzegovina. Hosts goalkeeper Ferran Pol was powerless.There were no good opportunities in the next 10 minutes. After 24 minutes, Edin Višća has tried his own shot, but it was off the target. The hosts spent a game in a difficult defense.Dragons performed another action after 32 minutes. Višća and Mujdža combined, and Mujdža assisted for Ibišević who missed the goal. Score remained the same.In 61 minute, the match clock showed 0: 3. Again the main roles were played by Senad Lulić as an assistant and Edin Džeko as implementer. It should be noted that the defense of Andorra seemed insecure, and BH duo used it well.last_img read more