News That Matters

Tag: next

What next for adland's Napoleon as he quits WPP?

What next for adland's Napoleon as he quits WPP?

Business
Contacts and business associates of Sir Martin Sorrell have, it is said, in the past played a game when they are gathered together.The aim is to email him simultaneously and then see how quickly he responds and to whom he replies first.Invariably, they all get a reply, almost at once.The tale, repeated around the wine bars of Soho, Mayfair and the City too many times to merely be apocryphal, speaks volumes about the advertising mogul: that he is almost never incommunicado, that he replies to emails at lightning speed and that he is a consummate networker.In advertising, marketing and public relations, all activities spanned by WPP, there is no more important role than to love your client and hug them close to you at all times.Sir Martin's prowess at this, as demonstrated by the tale, has b...
OMV next in line to tap U.A.E. offshore

OMV next in line to tap U.A.E. offshore

Business
April 6 (UPI) -- Austrian energy company OMV said it became the latest in a growing list of foreign companies wading into oil fields off the coast of Abu Dhabi.The Austrian company said it acquired a 20 percent working interest in the offshore Satah al-Razboot complex, which includes satellite fields Bin Nasher and al-Bateel, and Umm Lulu. The deal with Abu Dhabi National Oil Co. included infrastructure associated with the fields for a combined price of $ 1.5 billion.ADNOC had no comment on the deal. In an outline of its ambitions, the company said it can produce as much as 1.4 million barrels of oil per day offshore, about 40 percent of its total capacity.ADNOC so far this year has signed agreements with Asian energy companies, Italian major Eni and French supermajor Total.The United Arab...
Total next to take slice of Emirati pie

Total next to take slice of Emirati pie

Business
March 19 (UPI) -- French supermajor Total said it's followed in the footsteps of its Italian counterpart, Eni, by making long-term commitments in Abu Dhabi.Total signed two 40-year concession agreements with state-owned Abu Dhabi National Oil. Co. that gives it a 20 percent stake in the Umm Shaif and Nasr concession and a 5 percent stake in the Lower Zakum prospect.At a fee of $ 1.45 billion dollars, Total said the agreement has a price tag of about $ 1 per barrel of reserves.Tom Quinn, a senior analyst for exploration and production in the Middle East for consultant group Wood Mackenzie, said that while Italian energy giant Eni beat Total to the door, it's the French supermajor that gains the edge."This deal will propel Total to the top international oil company spot in Abu Dhabi," he sai...
Seahawks' Chancellor intends to play next season

Seahawks' Chancellor intends to play next season

Sports
Seattle Seahawks safety Kam Chancellor intends to play in 2018, according to a published report. Chancellor, who suffered a season-ending neck injury in November, expects to be back with the Seahawks providing he receives medical clearance, Ian Rapoport of NFL.com reported. The 29-year-old Chancellor's $ 6.8 million salary for 2018 was guaranteed on Friday, the trigger day for the team to make any moves on contracts. He signed a three-year extension in August. There has been speculation about Chancellor's future after he posted an image on Instagram that appeared to reflect he was walking away from the team. Following the season, Seahawks coach Pete Carroll said that Chancellor and defensive end Cliff Avril would have a "hard time" in coming back from their neck injuries. Chancellor's ei...
Scientists successfully clone monkeys; are humans up next?

Scientists successfully clone monkeys; are humans up next?

Technology
For the first time, researchers have used the cloning technique that produced Dolly the sheep to create healthy monkeys, bringing science an important step closer to being able to do the same with humans. Since Dolly's birth in 1996, scientists have cloned nearly two dozen kinds of mammals, including dogs, cats, pigs, cows and polo ponies, and have also created human embryos with this method. But until now, they have been unable to make babies this way in primates, the category that includes monkeys, apes and people. "The barrier of cloning primate species is now overcome," declared Muming Poo of the Chinese Academy of Sciences in Shanghai. In a paper released Wednesday by the journal Cell, he and his colleagues announced that they successfully created two macaques. The female baby monkey...