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Commission clears acquisition of Universo IME by Sonae and Bankinter

Published Wed, 26 Feb 2025 11:46:22 GMT

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Universo IME S.A. by Sonae SGPS S.A., both of Portugal, and Bankinter Consumer Finance E.F.C. S.A. (‘BKCF') of Spain.Universo IME is active in payment services to consumers, credit intermediation for consumer loans granted by third parties as well as in merchant acquiring services for retailers. Sonae is primarily active in food and non-food retail as well as in consumer finance and insurance. BKCF is mainly active in retail banking.The Commission concluded that the proposed acquisition would raise no competition concerns, given the limited horizontal overlaps and vertical links between the activities of Sonae and BKCF in the European Economic Area. The transaction was examined under the simplified merger review procedure.More information is available on the Commission's competition website, in the public case register under the case number M.11130.

Two killed in Scotts Valley traffic collision

Published Wed, 26 Feb 2025 11:46:22 GMT

SCOTTS VALLEY – Two people were killed in a crash Wednesday afternoon in Scotts Valley, police said.The collision happened around 4:50 p.m. near Mount Hermon Road and Skypark Drive.Police closed Mount Hermon Road in both directions between Skypark Drive and Lockhart Gulch Road for an investigation. The roadway was reopened around 9:40 p.m.“We thank everyone for their patience dealing with the additional traffic delays,” the Scotts Valley Police Department said in a statement. “Unfortunately, the collision resulted in two fatalities.”Additional details about the crash were not immediately available Wednesday night.Related ArticlesCrashes and Disasters | Person standing outside van on I-580 shoulder fatally hit by SUV Crashes and Disasters | Elderly woman dies of injuries suffered in Aug. 21 South Bay crash Crashes and Disasters | Man dies after crashing stolen car into San Jose creek Crashes and Disasters | 3 rideshare passen...

Deputies nab 2 suspects in attempted bank robbery in San Leandro, hit-and-run of minor

Published Wed, 26 Feb 2025 11:46:22 GMT

(BCN) -- Two men have been arrested on suspicion of robbing a bank and the hit-and-run of a juvenile in San Lorenzo, the Alameda Sheriff's Office said Wednesday. Kevin Perry, 21, and Dewey Nguyen, 21, were arrested on suspicion of the attempted robbery of a Citibank and the felony hit-and-run of a juvenile in a crosswalk. Teen struck by fleeing bank robber’s car in San Lorenzo Police were initially searching for an unknown male in a dark hoodie and mask who entered the Citibank on Paseo Grande on Monday and passed a note demanding $20,000, "or the bank would be blown up," police said. A second man in his early 20s with a slender build, wearing all-black clothing, a black backpack and red and black shoes acted as a lookout. Both men left the bank before any money was surrendered, police said. The suspects got into a blue Ford Taurus and a brief vehicle pursuit by police ensued, but was ended for public safety after the suspects struck a juvenile walking across th...

Emergency services says death toll jumps to 52 in a fire in a building in South Africa’s biggest city

Published Wed, 26 Feb 2025 11:46:22 GMT

JOHANNESBURG (AP) — Emergency services says death toll jumps to 52 in a fire in a building in South Africa’s biggest city.Source

US, Indonesia and 5 other nations hold war drills amid China concerns

Published Wed, 26 Feb 2025 11:46:22 GMT

JAKARTA, Indonesia (AP) — Soldiers from the U.S., Indonesia and five other nations began annual training exercises Thursday on Indonesia’s main island of Java while China’s increasing aggression is raising concern.American and Indonesian soldiers have held the live-fire drill since 2009, and Australia, Japan and Singapore joined last year. The United Kingdom and French forces are participating in this year’s Super Garuda Shield exercises, with a total of about 5,000 personnel.China sees the expanded drills as a threat, accusing the U.S. of building an Indo-Pacific alliance similar to NATO to limit China’s growing military and diplomatic influence in the region.Brunei, Brazil, Canada, Germany, India, Malaysia, Netherlands, New Zealand, Papua New Guinea, Philippines, South Korea, and East Timor also sent observers to the two-week exercises in Baluran, a coastal town in East Java province.Commanding general of U.S. Army Pacific, Gen. Charles Flynn, said the 19 nations involved in the t...

Ousting of Gabon’s unpopular leader was a ‘smokescreen’ for soldiers to seize power, analysts say

Published Wed, 26 Feb 2025 11:46:22 GMT

DAKAR, Senegal (AP) — Gabonese awoke Thursday to a new military leader after mutinous soldiers ousted a president whose family had ruled the oil-rich Central African nation for more than five decades.The new leader is Gen. Brice Clotaire Oligui Nguema, head of the elite republican guard unit, soldiers announced on state TV Wednesday hours after President Ali Bongo Ondimba was declared winner of last week’s presidential election, which Gabonese and observers say was marred with irregularities and a lack of transparency.The soldiers accused Bongo of irresponsible governance that risked leading the country into chaos and have put him under house arrest and detained several people in his cabinet, they said. While there were legitimate grievances about the vote and Bongo’s rule, his ousting is just a pretext to claim power for themselves, Gabon experts say. “The timing of the coup, following the announcement of the implausible electoral results, and the speed with which the j...

Meteorological Autumn Season to Open With Hot Holiday Weekend in Chicago

Published Wed, 26 Feb 2025 11:46:22 GMT

Only a day remains in August and in the three month June, July and July meteorological summer season.  Midnight Thursday, with the arrival of September, 2023, marks the arrival of the three month METEOROLOGICAL AUTUMN SEASON, which runs through September-October-November.September has historically been Chicago's third fastest cooling month of the year losing an averaging of 10-degrees. Fastest cooling of the months is November which typically sees "normal" temps dip 13-degrees; 2nd-fastest cooling is October which loses 12-degreeNEW RAIN AND WIND NUMBERS ARE IN FROM THE SOUTHEAST U.S. AFTER A DAY IN WHICH TROPICAL STORM IDALIA HAS RACED NORTHEASTWARD ACROSS THE AREARescue efforts continue in the wake of the powerful stormThe storm left as many as a half-million customers without power in Florida and other states at one point as it ripped down power poles and lines. CONTINUE READING

SDGs & me: Responsible consumption and production

Published Wed, 26 Feb 2025 11:46:22 GMT

Consumption and production patterns have wide environmental and social impacts. The Sustainable Development Goal 'Responsible consumption and production' (SDG 12) calls for action on many fronts. These include the adoption of sustainable practices by businesses, promotion of sustainable procurement practices by policymakers, environmentally aware lifestyles of consumers as well as the development of new technologies and production and consumption methods, by researchers, scientists and others.Monitoring SDG 12 in an EU context focuses on progress made in decoupling environmental impacts from economic growth, fostering the green economy, while tackling waste generation and management.Source dataset: SDG_12_21, SDG_12_41, SDG_12_51In 2020, raw material consumption decreased by 3% (13.7 tonnes per capita) compared with 2016 (14.0 tonnes per capita). The share of secondary raw materials out of all input materials in the economy (‘circularity rate’) stood at 11.7% in 2021, an increa...

Review: Beyonce falls well short of delivering a masterpiece at Levi’s Stadium

Published Wed, 26 Feb 2025 11:46:22 GMT

“Today is special,” Beyonce said to the nearly 50,000 fans who stood before her. “Because today I am the mayor.”It may indeed been a special day for the multiplatinum-selling pop star — who had been made honorary mayor of the city of Santa Clara — but the night turned out to be a completely different story, as Beyonce muddled through a concert that was far more mixed bag than masterpiece on Wednesday at Levi’s Stadium.Maybe it’s indeed been a different story in other cities, given that Beyonce’s Renaissance World Tour has received pretty much rave reviews in all previous stops. But it’s hard to see how given the many flaws in the production, which bombards viewers with everything short of the kitchen sink but still fails to really connect with fans.The result could be seen in the lackluster response from the audience, which exhibited far less energy and enthusiasm than what you’re use to seeing at big stadium shows.It...

Single-family home sells for $1.9 million in San Jose

Published Wed, 26 Feb 2025 11:46:22 GMT

A 1,905-square-foot house built in 1973 has changed hands. The property located in the 5900 block of Crimson Drive in San Jose was sold on Aug. 11, 2023, for $1,875,000, or $984 per square foot. This single-story home offers a roomy layout with four bedrooms and two baths. Inside, a fireplace adds character to the home. Additionally, the home includes a two-car garage.Additional houses have recently been purchased nearby:A 2,303-square-foot home on the 1400 block of Beattie Court in San Jose sold in December 2022, for $2,300,000, a price per square foot of $999. The home has 5 bedrooms and 3 bathrooms.On Beattie Court, San Jose, in July 2023, a 2,024-square-foot home was sold for $2,080,000, a price per square foot of $1,028. The home has 4 bedrooms and 2 bathrooms.In May 2023, a 2,008-square-foot home on Blackbird Court in San Jose sold for $2,300,000, a price per square foot of $1,145. The home has 4 bedrooms and 3 bathrooms.