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CME completes first phase of testing on Google Cloud
CME completes first phase of testing on Google Cloud

Finextra

time6 days ago

  • Business
  • Finextra

CME completes first phase of testing on Google Cloud

Trading venue CME Group has revealed more about its plan to introduce tokenisation services via its link up with Google Cloud 0 This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Back in March, CME Group announced that it was extending its deal with Google Cloud to include a number of use cases involving tokenisation and wholesale payments. Four months on, the company has issued an update, stating that it has completed the first phase of integration and testing of Google Cloud Universal Ledger which is expected to be used for collateral, margin, settlement and fee payments. Speaking on a quarterly earnings call, CME's chief operaitng officer and global head of clearing said: "We've now entered the second phase of testing, focusing on settlement. We are very optimistic about our ability to bring solutions to market in 2026." Sprague added that it was too early to identify specific use cases. 'We're thinking about tokenizing cash and other noncash assets for our current ecosystem, not really looking at the clearing space to start."

Traffic alert: Brush fire causes backups on state Route 16 in Tacoma
Traffic alert: Brush fire causes backups on state Route 16 in Tacoma

Yahoo

time20-07-2025

  • Climate
  • Yahoo

Traffic alert: Brush fire causes backups on state Route 16 in Tacoma

A brush fire is burning on state Route 16 near the Sprague exit. Chelsea Sheperd, spokesperson for the Tacoma Fire Department, told The News Tribune the fire is on the south side of SR 16 and spreading up toward Center Street. It is about 10,000 square feet and 80% contained as of 4 p.m. Crews are working on putting out hot spots. According to a Twitter post from the Washington State Department of Transportation, the fire started at about 2:47 p.m. The right two lanes of eastbound SR 16 are blocked. This is a developing story. Check back for updates.

Positive weekend for Sprague
Positive weekend for Sprague

Otago Daily Times

time03-07-2025

  • Automotive
  • Otago Daily Times

Positive weekend for Sprague

A fourth generation Timaru racing driver is continuing to push the limits in search of national glory. Corban Sprague, 18, is competing in the Toyota TR86 Trophy Series after securing a seat in the CareVets car via a scholarship. After a successful first round outing in May, he returned to the track late last month for round two in Taupō. Sprague immediately showed off his skills picking up P1, P3 and P2 in the three practice sessions ahead of qualifying. After qualifying fifth, he battled away to pick up fourth place in both main races and now also sits fourth in the overall series standings with two rounds to go. Sprague said it was another positive weekend. "It wasn't the overall result I had hoped for but I think we showed some great signs heading into the next couple of rounds. There were some great lessons learnt, obviously I want to be winning but it's still great learning. "Practice went really well, we rolled out off the trailer and the car was really fast. "In qualifying, we all go out on a new set of tyres and I just didn't maximise that new tyre as well as everyone else which sort of cost me for the races. "We had really good speed in the races, being one of the fastest, but with the cars being identical, if you don't qualify well it makes it really hard to pass. I put myself in that bad place, I've learned from it and I'll make sure I'm not doing it again." He said it was his first time racing on the big track at the Taupō International Motorsport Park. "I've driven around the smaller track, but that was my first time on the big track, I really enjoyed it. "It's quite a big, long track compared to what I'm used to. "It flowed really well and it's got quite a bit of undulation, so I really enjoyed it in the Toyota 86." After previously racing in the Mazda Pro 8 New Zealand series, the Toyota car was still taking a little bit to adjust to, he said. "It's taken a bit more than I would have liked to be honest. It's very different to the Mazda, so I'm having to try and get all my bad habits I learnt in it out and concentrate on the good things in the 86. "I'm starting to, and more mileage helps me get closer to where I like to be in it. "There's still a couple of thing I need to improve on, but it's all looking promising." Sprague will turn his attention to Manfeild next weekend for round three and said it was a track he was very much looking forward to racing on. "I've driven around there once but I've never raced it. I had a good first impression of the track. "It's quite an old school track, like Levels raceway, which I'm used to. It's a real flowy, high-commitment track which I'm really looking forward to. "The goal is always to battle out for wins and podiums, so I've just got to execute in qualifying and the other areas and hopefully we'll be able to do that." The action at Manfeild will take place on July 5-6 before a return to Taupō for the final round on July 26-27.

Lindsay Clancy's testing by government experts to be streamed live for defense but not recorded, prosecutor says
Lindsay Clancy's testing by government experts to be streamed live for defense but not recorded, prosecutor says

Boston Globe

time27-06-2025

  • Boston Globe

Lindsay Clancy's testing by government experts to be streamed live for defense but not recorded, prosecutor says

'They're fine with recording the interviews of the defendant,' Sprague said. 'However, regarding the testing, there are copyright issues. So ... their request is that there be a live feed that counsel have access to, where we can observe the testing, but that it wouldn't be recorded due to copyright issues.' It wasn't immediately clear what the testing will entail. Advertisement 'I would have no objection to the defense experts viewing that live feed as well,' Sprague said. Clancy's lawyer, Kevin Reddington, appearing remotely via Zoom, requested the parties return for an August hearing to 'just to talk about this ... issue with the live feeds, recordings.' Judge William F. Sullivan set the next hearing date for Aug. 25. Sullivan it 'makes sense' to further discuss the matter then, adding that 'it's probably best that we have a specific order, and that'll then give us enough time to set it up.' Clancy, 34, has pleaded not guilty to three counts of murder for the Jan. 24, 2023, slayings of her daughter Advertisement The defense has said it Should she be found not guilty by reason of insanity, Clancy would be sent to a state psychiatric hospital where she'd come up for periodic reviews to determine whether she could be released. Under that scenario, she could remain hospitalized for the remainder of her life. Also Friday, the parties discussed the status of the government's I Advertisement Patrick Clancy (center) leaves a funeral for his three children, Cora, Dawson and Callan, who were killed, allegedly by his wife. John Tlumacki/Globe Staff Sullivan on Friday asked about the status of the New Yorker material, and prosecutors said they're working to find an attorney licensed in New York who can file the appropriate paperwork to obtain the records from the publisher. Clancy's trial is scheduled to begin Feb. 9, records show. Travis Andersen can be reached at

Sprague Operating Resources Awarded Renewable Diesel Supply Contract for New York City Ferry System
Sprague Operating Resources Awarded Renewable Diesel Supply Contract for New York City Ferry System

Yahoo

time24-06-2025

  • Business
  • Yahoo

Sprague Operating Resources Awarded Renewable Diesel Supply Contract for New York City Ferry System

PORTSMOUTH, N.H., June 24, 2025 /PRNewswire/ -- Sprague Operating Resources LLC ("Sprague"), a leading provider of energy and materials handling services across the Northeast, today announced it has been selected by the New York City Department of Citywide Administrative Services (DCAS) to supply renewable diesel (RD) for its marine fleet, including the iconic Staten Island Ferry. This significant contract marks a major step in New York City's plan, announced in October 2024, to transition its marine vessels to lower greenhouse gas (GHG) emission fuels. "We are incredibly proud to partner with New York City and DCAS on this critical initiative," said David Glendon, Chairman at Sprague. "Supplying renewable diesel for the city's ferry fleet aligns perfectly with Sprague's long-standing commitment to providing sustainable and renewable energy solutions. This contract is a testament to our team's capabilities and our shared vision with the city of New York." RD is produced from renewable sources such as used cooking oil and waste fats that are refined to be chemically identical to traditional fossil-fuel diesel, so it can be used in existing diesel engines and infrastructure, like those on the Staten Island Ferry system. By changing their fuels to RD, the busiest municipal ferry system in the Nation will immediately lower lifecycle GHG emissions (up to 60 percent) as it carries over 24 million passengers each year. "We congratulate Sprague and are excited to partner with them on this exciting initiative for New York City," said Neal Sahni, General Manager of St. Bernard Renewables (a joint venture between PBF Energy and Enilive). "Delivering renewable fuels from our biorefinery on the Gulf Coast represents a key milestone for distributing our low carbon intensity fuels into the emerging Northeast renewable fuels market, which we are proud to supply." Sprague has a long history of introducing cleaner fuel solutions in NYC and across the Northeast and continues to expand its renewable diesel offerings to meet growing demand from transportation, marine, and heating customers throughout the region. Learn more about Sprague's sustainability initiatives at About Sprague Energy Founded in 1870, and headquartered in Portsmouth, NH, Sprague Operating Resources LLC has a rich, 155-year history of delivering innovative energy solutions and material handling services to meet the ever-evolving needs of its commercial, industrial, wholesale, and government customers across the Mid-Atlantic, Northeast and Quebec. Sprague offers a diverse portfolio of products and services, including fuel storage, fuel delivery, electricity, material handling, material storage, natural gas, and solar. As a leader in sustainability, Sprague was the first petroleum company in the U.S. to be recognized as a BQ-9000 Certified Biodiesel Terminal Marketer and continues to drive innovation with low-carbon fuels like biodiesel and renewable diesel, wind component material handling through its terminals, and award-winning liquid tank roof-top solar energy systems. Learn more at: About St. Bernard Renewables St. Bernard Renewables, LLC (SBR) is a 50-50 joint venture between PBF Energy and Enilive, a company dedicated to mobility products and services. PBF Energy is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, Mississippi, New Jersey, and Ohio. Enilive is a company dedicated to biorefining, biomethane production, and smart mobility solutions, including car sharing. Enilive distributes all energy carriers for mobility through its more than 5,000 Enilive Stations in Europe, where a wide range of products, including HVOlution biogenic fuel (100% Hydrogenated Vegetable Oil), are also produced in two biorefineries in Italy. SBR currently operates a biorefinery with a processing capacity of over 300 million gallons per year of raw materials with full pretreatment capability. SBR's biorefinery is co-located with PBF's Chalmette Refinery in Chalmette, St. Bernard Parish, Louisiana. Media Contact: Nick Skally 603-430-7231 397047@ View original content to download multimedia: SOURCE Sprague Operating Resources LLC Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

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