Energy Firm Orsted Said to Weigh Up to €5 Billion Rights Issue
The fundraising plan could be announced as soon as the coming weeks if Orsted decides to proceed, the people said, asking not to be identified discussing confidential information.
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Our Aluminium Is a Boon to American Workers
Mark Duffy writes that 'Canada's Aluminum Subsidies Hurt the U.S.' (Letters, July 28). But let's review the numbers. Each year, Canada exports 2.7 million tons of aluminium to the U.S., a process that consumes 40 million megawatt-hours of electricity, equivalent to the output of at least four Hoover Dams. With the U.S.'s deregulated energy market, producing the same volume domestically would be prohibitively expensive—especially today, as data centers compete for the same power supply. That only four of the original 23 U.S. aluminium smelters remain has little to do with Canada and everything to do with the effects of energy deregulation in the 1980s. Canada remains the U.S.'s most secure and reliable source of aluminium because our industry reinvests hundreds of millions annually into world-class operations powered by low-cost hydroelectricity, a strategic advantage that U.S. industrialists have recognized for decades.
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‘Medical Arranged' – Newcastle United Set to Sign £35m Serie A Star
Newcastle United Make Breakthrough on Major £35m Transfer Deal In what is shaping up to be a transformative summer for Newcastle United, a major breakthrough has finally been reached in the transfer market. AC Milan's highly-rated centre-back, Malick Thiaw, is on his way to Newcastle for his medical, set to begin on Monday morning, according to Sky Sports. The deal, expected to cost the Magpies around £35 million, has been hailed as a significant step forward for the club, particularly after missing out on several other targets this summer. Newcastle's Ambitious Transfer Window Newcastle United's transfer activity has been under close scrutiny following a mixed window so far. While they've managed to bring in a few players, they've found themselves in competition for key targets, making it difficult to strengthen the squad in the way they had hoped. However, the potential acquisition of Thiaw has raised hopes that they can still finish the summer with key additions. The 22-year-old German defender, who joined AC Milan last summer, has impressed in Serie A with his strong defensive performances. Thiaw's arrival at St James' Park is expected to bolster Newcastle's defence significantly. His pace, versatility, and ability to read the game will be valuable assets to manager Eddie Howe as he seeks to build a team capable of challenging for European spots. Photo: IMAGO As reported by Sky Sports, the transfer is now on the verge of completion, with the defender flying to Newcastle for his medical assessment. 'Malick Thiaw is flying into Newcastle this evening and will start his medical at the club on Monday morning,' the report confirmed. This deal represents more than just a signing; it signals a statement of intent from the Magpies as they continue to build upon their newfound wealth and growing ambitions. Thiaw's Impact at AC Milan Thiaw's time at AC Milan has been relatively short but impactful. Despite being relatively young, the German has already demonstrated his potential in one of Europe's top leagues. His performances in Serie A last season proved that he can handle the demands of high-level football, and his physicality and composure in defence will complement the current defensive options available to Eddie Howe. For Newcastle, strengthening their defence has been a priority. With an eye on further European progression, ensuring that the backline is solid and reliable is paramount. Thiaw fits the profile of the type of player that Newcastle are keen to bring in – young, talented, and with significant room to grow. The £35 million price tag reflects the confidence the club has in the player's ability to make an immediate impact. What's Next for Newcastle? While Thiaw's signing is a key development, it is only one part of a busy end to the transfer window for Newcastle. The club is still in pursuit of a striker, with speculation surrounding moves for Brentford's Yoanne Wissa and Chelsea's Nicolas Jackson. Furthermore, Porto's Samu Aghewowa is also reportedly under consideration as they look to bolster their attacking options. Newcastle's business this summer has been both promising and frustrating, with the club missing out on certain targets. Yet, with Thiaw now on the verge of joining and other potential signings on the horizon, the future looks bright for Eddie Howe's side. Our View – EPL Index Analysis The signing of Malick Thiaw feels like a much-needed breath of fresh air. The Magpies have been in the hunt for quality defensive reinforcements for some time, and Thiaw represents exactly what the club needs to continue its upward trajectory. At just 22 years old, he has the potential to form a rock-solid partnership at the back with the likes of Sven Botman and Fabian Schär. The £35 million deal seems like excellent value for a player with such a high ceiling. After missing out on players like James Maddison and other key targets earlier in the window, signing a player with Thiaw's calibre is a big boost to the squad. The ability to strengthen a defence that was already strong last season is exciting, and it could make the difference in securing a top-six finish and potentially qualifying for European competition. Of course, it's not just the defence that needs attention. The attack is still a priority for Eddie Howe, and with names like Yoanne Wissa and Nicolas Jackson being linked, it seems as though the club is determined to push forward. If these deals come to fruition, Newcastle could be in an incredibly strong position heading into the new season. With more activity expected in the coming weeks, the excitement around St James' Park is palpable. The Magpies' future is looking brighter by the day.
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Why Lewis Hamilton Lives in Monaco Despite Owning Homes Worldwide
Why Lewis Hamilton Lives in Monaco Despite Owning Homes Worldwide originally appeared on Athlon Sports. Lewis Hamilton may own luxury homes across the globe, but there's one address that stands above the rest — Monaco. The seven-time F1 world champion has long been based in the glittering principality, and the reason is as strategic as it is glamorous. Monaco, nestled on the French Riviera, spans just over two square kilometers. It has the shortest coastline of any country in the world and is so narrow that parts of it are barely 350 meters wide. Yet for the ultra-wealthy — and especially F1 drivers — it's one of the most desirable places to live. Hamilton, who reportedly earns around $60 Million annually, including bonuses, enjoys Monaco's most well-known benefit: zero personal income tax. Unlike drivers based in England, France, or other Western nations where tax rates can soar above 40%, Monaco allows its residents to keep nearly all of their earnings. That advantage alone has drawn a long list of F1 stars to its shores — past and present — including Max Verstappen, Charles Leclerc, and Lando Norris. While Hamilton doesn't live in Monaco full-time — F1 drivers spend much of the year traveling — he maintains a multi-million dollar property there. And despite owning other homes in places like London, New York, and Colorado, his Monaco base remains a financial and logistical hub for his career. There's another quirk to living in Monaco: homeowners can't legally rent their properties on platforms like Airbnb. The government restricts short-term rentals to preserve exclusivity and local character. That's why fans hoping to stay in Monaco for the Grand Prix often find themselves booking across the border in Beausoleil, France — sometimes just a few hundred meters away. For Hamilton, Monaco offers more than just tax perks. It's private, secure, close to the F1 paddock, and filled with fellow athletes and entrepreneurs who value discretion. In a sport where margins matter, living in Monaco is just another smart move in a champion's story was originally reported by Athlon Sports on Aug 7, 2025, where it first appeared. Solve the daily Crossword
