It’s hard to believe that Phish‘s 13-night run at Madison Square Garden is actually coming near an end. The triumphant Baker’s Dozen has been a truly legendary task by the Vermont-bred foursome, and their execution has been mind-blowing to new extents. With each night bringing a new donut flavor, and therefore a theme for each setlist to conform to, the band has reached new heights of creativity, improvisation, and mastery with their no-repeat streak. This all makes Sunday’s show the most sought out of them all, as it will conclude their record-breaking performances on a day of the week notorious for specialty shows. Fans who are shut out of the Garden will inevitably be searching for ways to feast their ears on Sunday night’s show.SiriusXM Jam_On has announced that they will be live streaming Sunday night’s Phish show. Tune in to channel 29 to listen to crisp audio of the full show, starting around 8:00PM EST. Glaze On![cover photo by Dave DeCrescente]
“We note that there have been violations of guidelines, rules and laws”Julie Brodtkorb, the leader of Norges Bank’s supervisory councilIn his introductory statement, Olsen said he understood the supervisory council’s desire to remove risk, but that any company board had to make trade-offs between different types of risk.“With the agreement that has now been established, the executive board believes that we have stopped possible conflicts of interest,” he said.Other points of contention raised at the hearing included the use of tax havens by parts of Tangen’s finance empire surrounding his main firm AKO Capital.While Brodtkorb repeatedly warned of the danger of undermining confidence in both Norges Bank and the GPFG, Olsen pointed several times to Tangen’s qualities and experience which he said had set him far above any other candidate for the CEO job.“He has unique experience gained from international asset management and can point to impressive results. At the same time, he is an innovative and committed leader with a deep understanding of the strategic challenges facing the oil fund,” Olsen said.The finance committee is now due to compile a report on the matter by 21 August, just days before Tangen is to take up his new job as NBIM CEO on 1 September, replacing long-term incumbent Yngve Slyngstad.While the parliamentarians do not have power to prevent Tangen’s appointment, any politically broad-based criticism of Norges Bank’s leadership could nevertheless put it under strain. Parliamentary overseers say laws were broken in the SWF chief hiring.Looking for IPE’s latest magazine? Read the digital edition here. The governor of Norway’s central bank was grilled by parliamentarians this afternoon about his handling of the highly-controversial hiring of hedge fund billionaire Nicolai Tangen as the new leader of the country’s NOK10.3trn (€970bn) sovereign wealth fund.Answering questions in a finance committee hearing, Øystein Olsen said: “We were aware that the appointment would attract attention. But, well, we did not foresee this whole storm that has happened.”Olsen’s testimony to the cross-party panel followed that of Julie Brodtkorb, the leader of Norges Bank’s supervisory council.She told the politicians that despite complex efforts made by the bank and Tangen to separate him from his vast financial interests during his coming tenure as CEO of Norges Bank Investment Management (NBIM), the risk of conflicts of interest was still there. Brodtkorb referred to ethical guidelines for employees of Norges Bank which stated that staff could not have personal interests which could cause conflicts of interest or which could be perceived as giving rise to such conflicts.She said Norges Bank had made a written assurance that the risk of conflicts of interest between Tangen’s personal wealth and his role as leader of the Government Pension Fund Global (GPFG) had been, for all practical purposes, eliminated.“The supervisory council does not share this opinion,” she told the committee, which had co-incidentally been convened on Tangen’s 54th birthday.Asked by the committee’s leader, Labour Party member of parliament Hadia Tajik, about the handling of the appointment by Norges Bank’s executive board – which Olsen leads – and how it could affect the GPFG’s reputation, Brodtkorb said:“We do not want to give opinions or make statements about what the consequences are, but we note that there have been violations of guidelines, rules and laws.”
Nexans has announced the start of construction of a new cable-laying vessel for submarine high voltage (HV) cable systems installation.Being built by Uljanik Group, a Croatia-based shipyard, the high capacity Nexans vessel is designed for worldwide installation of large volumes of HVDC and HVAC cable systems, even in the most severe weather conditions, the company said.The vessel covers the complete Nexans submarine product range, and has a 10 000-tonne capacity turntable.“The construction of this new cable-laying vessel is a fundamental milestone in our commitment to cleaner energy,“ said Arnaud Poupart-Lafarge, Nexans CEO.“In this next exciting chapter of our capacity to meet customer expectations, the cutting-edge technology of the new ship will enable Nexans to support countries in their development of the unlimited potential of renewable power generation”.The new ship, designed by consulting agency Skipsteknisk AS, comes with Dynamic Positioning (IMO class 3) capabilities. The laying equipment allows the vessel to perform complex installation operations of flexible products in shallow to deep water.“Together with our legendary vessel CLV Nexans Skagerrak, the new ship will reinforce Nexans’ position as a leading player in the growing submarine HV cabling market,” said Dirk Steinbrink, Senior Executive Vice President High Voltage and Underwater Cable Business Group at Nexans.“With the advanced technology, impressive capacity and the many cable-laying capabilities, this vessel will be one of Nexans’ key strategic assets”.The new cable-laying vessel is expected to be delivered and start operations by the third quarter of 2020.
Newsroom GuidelinesNews TipsContact UsReport an Error The Dodgers put 11 runners on base. Only one scored — Andrew Toles, who tripled in the ninth inning — thanks to an 0-for-7 performance with runners in scoring position. “I certainly don’t feel there’s any hangover from this past homestand,” Dodgers manager Dave Roberts said. “You’ve got to give credit to Gray.”Jon Gray (9-6), the Rockies’s starter, baffled the Dodgers with an enviable repertoire of upper-90s fastballs, lower-90s sliders and upper-70s curveballs. The 6-foot-4 right-hander worked out of one jam after another for six shutout innings. He allowed four singles and walked three but stranded nine runners on base.Relievers Chris Rusin, Jake McGee and Matt Carasiti finished the task. Toles’ run allowed the Dodgers to avoid their first shutout loss in Denver since August 2012.“(Gray) was good. Kind of established his fastball early, kept throwing ‘em,” Dodgers shortstop Corey Seager said. “Tip your hat to him.” DENVER >> There is a hard-worn perception about pitching at Coors Field: that it’s easier for a camel to pass through the eye of a needle than to dominate hitters at 5,280 feet.For a time Monday, the Dodgers and Colorado Rockies were headed for a miracle.Then the bullpens took over, the rain died and the runs scored. The only thing that parted the heavens were line drives off the Rockies’ bats, and the Dodgers lost 8-1.In the end, the Dodgers scarcely resembled the team that took four of six games from the San Francisco Giants and Chicago Cubs at home last week. Monday, all their momentum seemed to vanish into thin air. Dodgers starter Kenta Maeda (13-8) does not have an upper-90s fastball, a lower-90s slider, or an upper-70s curveball. He did have enough to limit the Rockies to two runs over five innings, both on a Nick Hundley home run in the fourth inning.“Overall I thought I pitched pretty well,” Maeda said through his interpreter.The rookie right-hander already is no stranger to success at Coors Field. He’s allowed only four runs in 17 innings here this season, a 2.12 ERA. The rest of the 2016 Dodgers have allowed 41 earned runs in 42 innings, an 8.79 ERA.For six innings Hundley’s homer was the extent of the scoring. The announced crowd of 24,308 saw more threats of rain delays and hit batters than actual runs. Then Dodgers left-hander Adam Liberatore took over in the seventh inning, and the floodgates opened.Liberatore struck out Hundley, then allowed a single, walk, single and double before right-hander Pedro Baez took over in a 5-0 game. Baez retired two of the five batters he faced, and the Dodgers trailed 7-0 when the inning ended.The notoriously slow-paced Baez needed approximately 14 minutes to throw 19 pitches.Seager had an adventuresome day. He was hit by pitches twice: once on the right calf by a Gray slider, once on the left wrist by a fastball from reliever Chris Rusin. Seager remained in the game each time.Postgame x-rays on Seager’s wrist were negative. When he spoke to reporters, his hand was not wrapped in ice.The effect of Seager’s injuries might have been the Dodgers’ greatest concern Tuesday, but Roberts said he planned to give the rookie a day off against Rockies left-hander Tyler Anderson anyway.Maybe the hangover effect of playing a pair of playoff contenders at home, then facing a third-place team on the road, is of greater concern.“There shouldn’t be,” Seager said. “They were good tonight. We weren’t. That’s how it goes sometimes.”