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Tag: rescue

Billionaire Day weighs House of Fraser rescue bid

Billionaire Day weighs House of Fraser rescue bid

Business
The high street billionaire who owns Jaeger is exploring a bid to save House of Fraser (HoF) as the department store chain teeters on the brink of collapse. Sky News can reveal that Philip Day, the owner of Edinburgh Woollen Mill Group, is one of a small number of potential investors referred to by HoF in a statement on Wednesday disclosing it was in talks with unnamed backers.The discussions with what HoF referred to as "alternative investors" have been made necessary by delays to, and the eventual collapse of, a £70m funding deal from the Chinese owner of Hamleys.Sources said that Mr Day, who has used a canny series of takeover swoops to amass one of Britain's largest retail empires, was at the early stages of a potential bid for HoF, which needs to secure fresh fina...
Empathetic, calm dogs try to rescue owners in distress, study finds

Empathetic, calm dogs try to rescue owners in distress, study finds

Science
July 24 (UPI) -- Behavioral experiments suggest dogs are prosocial and empathetic, and some dogs will help owners in distress. To better understand how dogs relate and react to humans in distress, scientists observed the responses of dogs to different stimuli and scenarios. In one scenario, researchers had dog owners either make cries of distress or hum while sitting in a chair behind a transparent door. Researchers observed the dogs' responses and measured their heart rates. In a followup experiment, researchers analyzed how dogs looked at their owners to gauge the strength of their relationship. The results showed dogs were equally likely to open the door in response to both crying and humming. However, dogs opened the door more quickly when reacting to their owners' cries. Dogs with l...
Landlords in legal challenge to House of Fraser rescue

Landlords in legal challenge to House of Fraser rescue

Business
A group of landlords is going to court over the rescue plan for House of Fraser saying it treated them unfairly.In June, House of Fraser creditors agreed to a company voluntary arrangement (CVA) - a rescue deal under which 31 stores were closed and rents at 10 other stores were slashed by 25%.The landlords said there was "unfair prejudice" against them in this action.House of Fraser said it had not received any formal legal notice from the landlords about going to court."On the assumption that a challenge is filed in court, whilst we are disappointed, we look forward to robustly defending our position and we are confident that this will not affect our commercial plans," a House of Fraser statement said.The legal challenge is not expected to affect the Hou...
Elon Musk apologizes for calling rescue diver a pedophile

Elon Musk apologizes for calling rescue diver a pedophile

Technology
Tesla and SpaceX CEO Elon Musk has apologized for calling a British diver involved in the Thailand cave rescue a pedophile, saying he spoke in anger but was wrong to do so. There was no immediate public reaction to Musk's tweets from diver Vern Unsworth, who in colorful language in a TV interview had accused the Tesla founder and SpaceX engineers of orchestrating a "PR stunt" by sending a small submarine to help divers rescue the 12 Thai soccer players and their coach from a flooded cave. "My words were spoken in anger after Mr. Unsworth said several untruths ..." Musk tweeted. "Nonetheless, his actions against me do not justify my actions against him, and for that I apologize to Mr. Unsworth and to the companies I represent as leader. The fault is mine and mine alone." Musk's Sunday twe...
Thai cave rescue: Thai boys' tears for lost rescue diver Saman

Thai cave rescue: Thai boys' tears for lost rescue diver Saman

World
The 12 young footballers who were saved from a Thai cave after an international rescue effort are mourning a former Navy Seal who died in the operation. Volunteer diver Saman Gunan lost his life on 6 July while installing oxygen tanks in the flooded cave complex.He has since been hailed as a hero around the world.The boys and their 25-year-old coach were told of his sacrifice only on Saturday, when doctors decided they were strong enough to process the news."All cried and expressed their condolences by writing messages on a drawing of Lieutenant Commander Saman and observed one minute of silence for him," said Jedsada Chokdamrongsuk, permanent secretary at the health ministry. Photos showed the "Wild Boars" football team, who are...