| Stock markets rise as Indian steelmaker bids $1.85B for Algoma ...
TORONTO (CP) - The Toronto stock market moved further into record-high territory Monday morning amid a takeover deal in the steelmaking industry. Merger and acquisition activity and positive earnings news also pushed New York markets higher, even as March retail sales came in slightly below expectations. Toronto's S&P/TSX composite index gained 29.84 points to 13,608.46 following last week's 1.1 per cent gain as another Canadian steelmaker looks set to be sold to a foreign company. .
Pub bids for later hours
Brewery JD Wetherspoon, owners of the Cross Keys Pub in Chequer Street, St Albans, have applied to open until midnight every night and to open until 12.30am on Christmas Eve and Boxing Day and until 1.30am on New Years Day.Currently the pub closes at 11.00pm Sunday to Thursday and at 11.30pm on Friday and Saturday. The move comes after another Wetherspoons pub, Lloyds Bar at the Waterend Barn in St Albans, agreed to close at 1am rather than 2am after being requested to by the police due to the increase in public disorder offences.Jack Pia of Save Our Sleep campaign, said: "We will object to the proposals and I will send a letter of objection to the authorities. .
Iran to seek bids for 2 nuclear power plants
Iran said yesterday it would seek bids in the next few days for two new nuclear power plants and will partly run them on fuel produced at home, a process the West fears could lead to material for building atomic bombs. Ahmad Fayazbakhsh, an official at Iran's Atomic Energy Organization, said the power plants would each have capacity for 1,000 to 1,600 MW and would be built at Bushehr, the southwest port city where Russians are building Iran's first atomic plant. The West fears Iran's civilian nuclear program is a smokescreen for atomic weapon ambitions, a charge Teheran denies. A Western diplomat said the tender announcement appeared aimed at justifying Iran's statement last Monday it had expanded work to make atomic fuel in defiance of a UN demand to halt uranium enrichment, a process which can be used to make bombs.
Lighthouse illuminates dream
Across the miles, the dream of a lighthouse in Rhode Island brought them closer together. Recently, their dream came true when Juli and Jon Chytka took possession of the Hog Island Shoal Light, off Portsmouth in Narragansett Bay. The Chytkas bought the century-old lighthouse for $165,000 in an online auction, making Hog Island the first lighthouse in New England to be auctioned by the federal government. Even more remarkable is how they did it. At the time of the auction last summer, Jon Chytka, 40, was in Baghdad, a lieutenant colonel and second-in-command of an Army Corps of Engineers battalion responsible for civil military operations, reconstruction and defusing explosive devices. His wife, Juli, 36, was in Giessen, Germany, where he is stationed when not in the Middle East.
Former Nelson Bakery Plant to be Sold by Auction
A former Nelson Bakery Plant is to be sold by Auction on May 16 2007, at the factory premises of the former Halls Bakery Site in Nelson, Lacashire UK. The sale will consist of plant and machinery used at the bakery operation that was producing for food service, local supermarket groups and a chain of bakers shops. London, UK (PRWEB) April 18, 2007 -- Pro Auction will conduct an auction sale of the entire craft bakery at the former Halls Bakery factory in Nelson Lancashire. Over 250 lots will go under the auctioneers hammer, which will appeal to a wide range of craft and plant bakeries alike. The sale will include bread plant, dividers, mixers, moulders and depositors along with a complete savoury pie making line designed by Crypto Peerless. In addition to the equipment, the auctioneers will also offer Tom Chandley Ovens, Koma retarder proovers and an Ulma Florida flow wrapper.
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