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Carlyle's Dainese Seeks to Renegotiate Its Debt as Losses Soar
Carlyle's Dainese Seeks to Renegotiate Its Debt as Losses Soar

Bloomberg

time4 days ago

  • Business
  • Bloomberg

Carlyle's Dainese Seeks to Renegotiate Its Debt as Losses Soar

Dainese SpA, a sports clothing brand owned by Carlyle Group, is looking to renegotiate its debt terms after losses steepened in 2024. The Italian company, which produces high-end wear for motorcyclists and skiers, said it wants to open debt talks with creditors after it reported a €120 million ($136 million) loss last year, almost three times bigger than in 2023, according to its annual financial report published earlier this month.

5 skiers found dead on Swiss mountain near Zermatt
5 skiers found dead on Swiss mountain near Zermatt

Free Malaysia Today

time25-05-2025

  • Free Malaysia Today

5 skiers found dead on Swiss mountain near Zermatt

Zermatt is one of Switzerland's premier Alpine resorts. (EPA Images pic) ZERMATT : Five skiers have been found dead on a Swiss mountain close to the luxury ski resort of Zermatt, after emergency services were alerted to some abandoned skis at 4,000m, the prosecutors' office in Canton Valais said today. Skiers notified the authorities yesterday afternoon about the skis found on the slopes of the Rimpfischhorn mountain, east of Zermatt and south of the village of Saas Fee. Rescue workers found the bodies near the Adlergletscher glacier after air and ground searches in the area in southwest Switzerland near the border with Italy, the prosecutor's office said. Local airline Air Zermatt said that three of the bodies were found on the debris of an avalanche a few hundred metres below where the skis were spotted. The other two were discovered higher up the 4,199m-high mountain, it added. ADVERTISEMENT VIDCRUNCH Next Stay Playback speed 1x Normal Quality Auto Back 360p 240p 144p Auto Back 0.25x 0.5x 1x Normal 1.5x 2x / Skip Ads by The airline's aircraft are deployed for search missions and other emergencies. The identities of the five have not been established yet, and an investigation has been launched into what caused the accident, Valais prosecutors said in a statement. Zermatt is one of Switzerland's premier Alpine resorts, visited by affluent British and other European skiers.

Five skiers found dead on mountain near luxury resort in Switzerland
Five skiers found dead on mountain near luxury resort in Switzerland

Irish Times

time25-05-2025

  • Irish Times

Five skiers found dead on mountain near luxury resort in Switzerland

Five skiers have been found dead on a Swiss mountain near the luxury ski resort of Zermatt, after emergency services were alerted to some abandoned skis at 4,000m (13,000ft), the prosecutor's office in Canton Valais said on Sunday. Skiers notified the authorities on Saturday afternoon about the skis found on the slopes of the Rimpfischhorn mountain, east of Zermatt and south of the village of Saas Fee. Rescue workers found the bodies near the Adlergletscher glacier after air and ground searches in the area in southwest Switzerland near the border with Italy, the prosecutor's office said. Local airline Air Zermatt said that three of the bodies were found on the debris of an avalanche a few hundred metres below where the skis were spotted. The other two were discovered higher up the 4,199m-high mountain, it added. READ MORE The airline's aircraft are deployed for search missions and other emergencies. The identities of the five have not been established yet, and an investigation has been launched into what caused the accident, Valais prosecutors said in a statement. Zermatt is one of Switzerland's premier Alpine resorts, visited by affluent European skiers. – Reuters

3 skiers are believed to be buried under an avalanche in Alaska
3 skiers are believed to be buried under an avalanche in Alaska

CNN

time05-03-2025

  • Climate
  • CNN

3 skiers are believed to be buried under an avalanche in Alaska

A trio of skiers is likely buried under an avalanche near Anchorage, Alaska, that occurred Tuesday afternoon, but dangerous backcountry conditions have so far stymied recovery operations, officials announced. The three missing adults had flown by helicopter to to the snowy mountain range by helicopter for skiing, known as heli-skiing, near the resort town of Girdwood, the Alaska State Troopers said in a news release. The slide happened around 3:30 p.m. local time. 'Guides from the commercial heliskiing operation that the group was with immediately attempted to locate the three skiers,' the news release said. The commercial guides used avalanche beacons – radio tracking devices worn by skiers – to identify the area where the skiers were likely buried but were unable to reach them because they were under 40 to 100 feet of snow. Alaska Wildlife Troopers were notified of the avalanche and missing skiers around 5:10 p.m. Tuesday, but they were not able to begin recovery efforts because of waning daylight and hazardous avalanche conditions. 'Today, Troopers plan to assess the area to determine if recovery operations can safely be conducted,' the troopers said Wednesday. Austin McDaniel, a spokesperson for the Alaska Department of Public Safety, said troopers had yet to access the site early Wednesday afternoon but 'based on the information provided by the operator, unfortunately, we do not believe that any of the three missing persons survived the avalanche.' Tuesday's heli-sking trip was operated by Girdwood-based Chugach Power Guides, according to McDaniel. When reached by phone, a Chugach staff member declined to comment. Heli-skiing is an advanced form of the sport in which skiers are transported by helicopter into backcountry areas that are typically difficult to access by foot or vehicle. The remote locations and relatively untouched terrain are highly coveted by experienced skiers but can also carry inherent risks. The wilderness settings have not been groomed by ski resorts or commercial companies, meaning skiers must be prepared for obstacles like trees or sudden avalanches. Each winter, between 25 to 30 people die in avalanches in the US, according to the National Avalanche Center.

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