Aston Martin revs up for London listing
Aston Martin is expected to confirm plans to list on the London Stock Exchange when it announces annual results on Wednesday morning.
The British sports car maker said earlier this year it was considering making its shares available to the public or looking for a buyer.
It is understood the company will seek to sell a stake worth about £1bn, valuing it at between £4bn and £5bn.
Aston Martin sold 5,000 cars last year making its first profit since 2010.
Its main shareholders, Italian private equity fund Investindustrial and a group of Kuwaiti investors, hired an investment bank to advise on options at the start of the year.
Under Andy Palmer, who left Nissan to become chief executive in 2014, Aston Martin's fortunes have been revived with the flagship DB11 coupe proving popular with buyers.
His turnaround plan have involved broadening the model range to include its first SUV, which goes into production next year.
The new models are expected to increase output "significantly" above 5,000 cars this year, Mr Palmer said.
Nissan had considered buying Aston Martin before Mr Palmer was convinced to run one of the most famous marques in motoring, but one that had been in a slow demise.
"Aston Martin has always relied on someone stepping in and injecting some more cash and saving it, but that's not the legacy I want to leave," Mr Palmer told the BBC in 2015.
Part of his strategy involves targeting female buyers - no easy task given the company has sold fewer than 4,000 cars to women in its 105-year history.
"Aston Martin must be less dependent on a narrow portfolio and one type of customer," Mr Palmer said.
It hopes to emulate the success of Italian luxury sports car rival Ferrari, which floated in New York almost three years ago.
Shares were priced at $52 and for the past two years have continued to climb, reaching almost $150 in June.
They were trading at just under $130 on Tuesday, valuing the company at about $24bn.
Toyota to invest $500m in Uber in driverless car deal
Japanese carmaker Toyota is to invest $500m (£387m) in Uber and expand a partnership to jointly develop self-driving cars.
The firm said this would involve the "mass-production" of autonomous vehicles that would be deployed on Uber's ride sharing network.
It is being viewed as a way for both firms to catch up with rivals in the competitive driverless car market.
The deal also values Uber at some $72bn, despite its mounting losses.
That is up 15% since its last investment in May but matches a previous valuation in February.
According to a press release issued by the firms, self-driving technology from each company will be integrated into purpose-built Toyota vehicles.
The fleet will be based on Toyota's Sienna Minivan model with pilot trials beginning in 2021.
Shigeki Tomoyama, executive vice president of Toyota Motor Corporation, said: "This agreement and investment marks an important milestone in our transformation to a mobility company as we help provide a path for safe and secure expansion of mobility services like ride-sharing."
Germany migrants: Protesters face off in Chemnitz
Rival protests over a murder in the east German city of Chemnitz have ended with several people injured as objects were hurled by both sides, police say.
Far-right activists had gathered in the centre for a second day as a Syrian and an Iraqi remained under arrest on suspicion of Sunday's deadly stabbing.
Anti-Nazi activists rallied just metres away, accusing the far right of using the death for political ends.
Injuries were caused when protesters on both sides threw objects, police say.
German Chancellor Angela Merkel had warned that "vigilante justice" would not be tolerated.
Police warned masked demonstrators who were picking up stones in the city, about 200km (120 miles) south of Berlin, that their actions were being filmed.
Earlier, authorities said police were investigating alleged assaults on an Afghan, a Syrian and a Bulgarian during the unrest that broke out on Sunday.
Reports have included mentions of protesters chasing foreigners, though there are few details.
Chemnitz police, quoted by the local broadcaster MDR, said: "We did not anticipate such a total of participants [on Sunday]".
Bigger crowds thronged the city centre on Monday. MDR estimated the far-right turnout to be 5,000, with some 1,000 leftists opposed to them.
BAHAMAS AND TURKS AND CAICOS ISLANDS PUBLIC FORECAST 28TH AUGUST 2018
THIS IS A PUBLIC FORECAST FOR TODAY AND TONIGHT TUESDAY 28TH AUGUST 2018 ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY AT 6AM
GENERAL SITUATION: UPPER LEVEL TROUGHING ACROSS THE CENTRAL BAHAMAS ALONG WITH RICH TROPICAL MOISTURE FROM WAVES OF WEAK LOW LEVEL TROUGHING CONTINUES TO PRODUCE POCKETS OF UNSETTLED WEATHER OVER THE AREA.
SPECIAL WARNINGS: BOATERS SHOULD REMAIN VIGILANT FOR THE POSSIBILITY OF WATERSPOUT DEVELOPMENT TODAY WHILE BEACHGOERS ACROSS THE CENTRAL AND SOUTHEAST BAHAMAS SHOULD EXERCISE CAUTION FOR ROUGH SURF AND DANGEROUS RIP CURRENTS MAINLY ALONG EAST COAST BEACHES.
CENTRAL AND SOUTHEAST BAHAMAS INCLUDING THE TURKS AND CAICOS
WEATHER: PARTLY SUNNY, BREEZY AND HOT WITH FEW SCATTERED SHOWERS OR ISOLATED THUNDERSTORMS LIKELY. PARTLY CLOUDY TO FAIR SKIES AND WARM AT NIGHT WITH THE CHANCE OF A PASSING SHOWER OR TWO.
ADVISORY: SMALL CRAFT SHOULD CONTINUE TO EXERCISE CAUTION.
WINDS: EASTERLY AT 15 TO 20 KNOTS OVER OPEN WATERS.
SEAS: 4 TO 6 FEET OVER THE OCEAN.
NORTHWEST BAHAMAS
WEATHER: VARIABLY CLOUDY, HOT AND HUMID WITH SCATTERED SHOWERS OR WIDELY SCATTERED THUNDERSTORMS, SOME BECOMING HEAVY AT TIMES. PARTLY CLOUDY AND WARM TONIGHT WITH FEW LINGERING SHOWERS OR A POSSIBLE THUNDERSTORM LIKELY.
ADVISORY: BOATERS SHOULD BE ALERT FOR GUSTY WINDS AND HIGHER SEAS IN OR NEAR HEAVY SHOWERS OR THUNDERSTORMS.
WINDS: EAST TO SOUTHEAST AT 10 TO 15 KNOTS OVER OPEN WATERS.
SEAS: 2 TO 4 FEET OVER THE OCEAN.
DAYTIME HIGH TEMPERATURE: 92°F 34°C
HEAT INDEX: 105°F 41°C
OVERNITE LOW TEMPERATURE: 77°F 25°C
SUNRISE: 6:49 AM SUNSET: 7:31 PM
MOONSET: 8:23 AM MOONRISE: 9:09 PM
HIGH TIDE: 8:45 AM & 9:02 PM
LOW TIDE: 2:54 PM & 3:20 AM WED
EXTENDED FORECAST: UPPER LEVEL TROUGH ACROSS THE NORTHWEST AND CENTRAL BAHAMAS WILL CREATE POCKETS OF UNSETTLED WEATHER AS IT INTERACTS WITH WEAKER LOW LEVEL TROUGHS SHIFTING WESTWARDS ACROSS THE BAHAMAS.
MEANWHILE BROAD SURFACE HIGH PRESSURE RIDGE OVER THE AREA WILL PRODUCE MODERATE TO FRESH BREEZES MAINLY ACROSS THE CENTRAL AND SOUTHEAST BAHAMAS INCLUDING THE TURKS AND CAICOS ISLANDS THROUGH THURSDAY
Armed robbery in Providenciales
August 24, 2018 – Police on the Island of Providenciales are investigating an armed robbery which occurred Friday, August 24th, 2018.
According to 911 Central, at 2:57 pm, a man dressed in a blue shirt, armed with a gun robbed a Gas Station, down town of an undisclosed amount of cash before getting inside of a grey car and speeding away.
There were no reports of injuries or shots fired.
Police are appealing to members of the public who may have any information in connection with this robbery to contact police right away on 911 or Crime Stoppers at 1- 800-8477.
TURKS AND CAICOS AND BAHAMAS PUBLIC FORECAST 27TH AUGUST, 2018
THE PUBLIC FORECAST FOR 6:00 AM TODAY AND TONIGHT MONDAY 27TH AUGUST ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY
GENERAL SITUATION: TROUGHING ACROSS THE BAHAMAS COMBINED WITH A MOIST AND UNSTABLE AIR MASS ACROSS THE AREA WILL CONTINUE TO SUPPORT SHOWERS AND THUNDERSTORMS AROUND THE ISLANDS TODAY.
SPECIAL WARNINGS: BOATERS SHOULD REMAIN VIGILANT DUE TO THE POSSIBILITY OF WATERSPOUT ACTIVITY AND BEACHGOERS IN THE SOUTHEAST BAHAMAS SHOULD EXERCISE CAUTION DUE TO THE RISK OF RIP CURRENTS ALONG EAST COAST BEACHES TODAY.
FOR THE SOUTHEAST BAHAMAS INCLUDING THE TURKS AND CAICOS ISLANDS
WEATHER: PARTLY SUNNY, BREEZY AND HOT WITH ISOLATED SHOWERS OR THUNDERSTORMS POSSIBLE…WARM AND BREEZY TONIGHT WITH A FEW PASSING SHOWERS POSSIBLE…
ADVISORY: SMALL CRAFT OPERATORS SHOULD EXERCISE CAUTION…
WINDS: EASTERLY AT 15 TO 20 KNOT…
SEAS: 4 TO 6 FEET OVER THE OCEAN
FOR THE NORTHWEST AND CENTRAL BAHAMAS
WEATHER: VARIABLY CLOUDY, HOT AND HUMID WITH SCATTERED SHOWERS AND ISOLATED THUNDERSTORMS TODAY, WARM AND HUMID TONIGHT WITH ISOLATED SHOWERS OR THUNDERSTORMS POSSIBLE
ADVISORY: GUSTY WINDS ANHIGHER SEAS CAN BE EXPECTED IN SHOWERS AND THUNDERSTORMS…
WINDS: EAST TO SOUTHEAST AT 10 TO 15 KNOTS…
SEAS: 2 TO 4 FEET OVER THE OCEAN…
HIGH TEMPERATURE TODAY 92F 33C
HEAT INDEX 104F 40C
LOW TEMPERATURE TONIGHT 78F 26C
SUN
SUNRISE: 6:49AM SUNSET: 7:32AM
MOON
MOONSET: 7:40AM MOONRISE: 8:33PM
TIDES
HIGH TIDE: 8:08AM 8:26PM
LOW TIDE: 2:16PM 2:46AM TUE
Prince death: Singer's family sues doctor over opioid addiction
The family of the late US musician Prince is suing his doctor, alleging he failed to properly treat the singer for an opioid addiction.
A lawsuit filed in Minnesota, reported by ABC news, alleges that failures by Dr Michael Schulenberg played a "substantial part" in the star's death.
Prince died in 2016, aged 57, from an accidental overdose of the painkiller fentanyl, a powerful opioid.
Dr Schulenberg has denied any wrongdoing.
Earlier this year, prosecutors said no criminal charges would be brought over Prince's death.
But the family's lawsuit, filed in Hennepin County District Court on Friday, alleges that Dr Schulenberg's actions had played a part.
"He failed to appropriately evaluate, diagnose, treat and counsel Prince for his recognisable opioid addiction, and further failed to take appropriate and reasonable steps to prevent the foreseeably fatal result of that addiction," the lawsuit read, according to ABC.
"These departures from the standard of acceptable medical practice had a substantial part in bringing about Prince's death."
The family of the singer - whose real name was Prince Rogers Nelson - is seeking unspecified damages in excess of $50,000 (£39,000).
Dr Schulenberg's lawyer said they intended to defend the case, the Associated Press reported.
Paul Peterson said in a statement: "We understand this situation has been difficult on everyone close to Mr Nelson and his fans across the globe. Be that as it may, Dr Schulenberg stands behind the care that Mr Nelson received. We intend to defend this case."
As well as Dr Schulenberg, the lawsuit also names North Memorial Health Care, where Dr Schulenberg worked, Walgreens stores, which dispenses medication, and UnityPoint Health.
US Open 2018: Simona Halep knocked out by Kaia Kanepi in first round
World number one Simona Halep became the first top-seeded woman to lose in the US Open first round, falling to a 6-2 6-4 defeat against Kaia Kanepi.
The 26-year-old Romanian's serve was broken five times in the first match on the new Louis Armstrong Stadium.
She fought back from a double break down to 4-4 in the second set but the Estonian broke again before Halep sent a forehand long on match point.
Halep also lost her opening match at Flushing Meadows last year.
The French Open champion was beaten by Maria Sharapova in New York in 2017.
Before Monday's defeat, no women's top seed had lost in the opening round at the US Open since the professional era began in 1968, the same year that the tournament was given its current name, having previously been known as the US National Championships.
World number 44 Kanepi, 33, reached the quarter-finals at Flushing Meadows last year but has had a succession of injury problems in recent years.
Department of Disaster Management Emergencies (DDME), hosted a two day Shelter Management Training on South Caicos;
On 23rd – 25th August, 2018, the Department of Disaster Management Emergencies (DDME), hosted a two day Shelter Management Training on South Caicos; held at the District Commissioner’s Office.
The training will help to build disaster resilient communities throughout the Turks and Caicos Islands.
Volunteers certified as Shelter Managers will be called upon to assist the department in the event of a disaster/emergency requiring the activation of shelters.
The training was conducted by DDME.
Google is irresponsible claims Fortnite's chief in bug row
The leader of the firm behind the hit game Fortnite has accused Google of being "irresponsible" in the way it revealed a flaw affecting the Android version of the title.
On Friday, Google made public that hackers could hijack the game's installation software to load malware.
The installer is needed because Epic Games has bypassed Google's app store to avoid giving it a cut of sales.
Epic's chief executive said Google should have delayed sharing the news.
"We asked Google to hold the disclosure until the update was more widely installed," tweeted Tim Sweeney.
"They refused, creating an unnecessary risk for Android users in order to score cheap PR points."
A spokesman for Google declined to comment.
Google has been criticised in the past by Microsoft for sharing details of vulnerabilities in the Windows-maker's products before they had been addressed.
The Android developer's security team has also caught out Apple and Samsung in a similar manner.
But in this case, one independent cyber-security expert said Epic was responsible for getting into this situation.
"People will argue until the cows come home the a period is either too long or not long enough depending on which side you're on," commented Troy Hunt.
"I'm still surprised Epic didn't put it in the Play Store to begin with - and yes, I get the financial incentive."
Google's terms dictate that Epic would have had to have handed over 30% of its in-game fees.
The developer has, however, agreed to such terms on Apple's equivalent app store since iPhones are restricted from adding software from elsewhere.