Latest from Le Journal de Montréal
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Fire at Russian industrial plant kills 11 people and leaves 130 injured
A fire at an industrial plant in Russia's Ryazan region on Friday killed 11 people and injured 130, Russian officials said on Saturday. The blaze broke out at the Elastik plant in the Shilovsky District, around 250 kilometres southeast of Moscow. Emergency crews continued to search through debris into the weekend, and two additional bodies were recovered overnight, the Russian Emergencies Ministry said. According to the Russian state news agency RIA Novosti, a gunpowder workshop at the facility caught fire and triggered the blast. Of the injured, 29 remained hospitalised on Saturday — 13 in Ryazan and 16 transported to medical centres in Moscow, officials said. Regional authorities said three people were rescued from under the rubble overnight as investigators launched a preliminary probe into the cause of the fire. Local authorities declared a day of mourning in the Ryazan region on Monday. 'Flags will be lowered across the region. Cultural institutions, television and radio companies and organizations have been asked to cancel entertainment events,' Ryazan Governor Pavel Malkov said in a statement on Telegram. It was the second deadly explosion at the Elastik plant in less than four years. In October 2021, according to the Russian state news agency Interfax, 17 people were killed in a blast at a workshop operated by explosives manufacturer Razryad.
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6 minutes ago
- Business
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Private equity recruiting of junior bankers is a state of upheaval. Here's what we know so far.
Getting a job in private equity is notoriously tough, especially for junior talent. To be considered, you must generally be on a competitive investment banking career track and willing to do anything to interview for jobs that will not start for another two years. As convoluted as it sounds, the mad dash known as on-cycle recruiting has long had one constant: It typically kicked off every summer in chaotic fashion, forcing aspiring dealmakers to drop everything at a moment's notice to compete. Not this year. For the first time in recent memory, the starting gun never fired. PE's chaotic recruiting race has been put on ice—indefinitely—leaving junior bankers in limbo. Instead of starting their finance careers with future-dated private equity jobs, junior bankers are entering the fall uncertain about when they might get the chance to compete — raising questions about this career path. Business Insider has been tracking the twists and turns, from JPMorgan's early crackdown to the new policies taking shape across a range of firms, from Goldman Sachs to Bank of America. The story is far from over. Industry recruiters say it's too early to know whether the PE recruiting playbook is just delayed or being rewritten. We'll update this page as things unfold. Stay tuned. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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- Sport
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Concerning for Carden after Town humbling at Whitby
WARRINGTON Town's poor start to the season continued with a 4-0 humbling at the hands of Whitby Town. Trailing 1-0 at half time, the Yellows conceded within 30 seconds of the restart and the hosts added two more goals to complete a drubbing on a concerning afternoon for Paul Carden's side. The manager handed a debut to former Blackburn defender Patrick Gamble, signed shortly before the registration deadline. There was no real sign of what was to come in the first 10 minutes, with the only half sight of goal falling to Dontai Gabidon after goalkeeper Shane Bland's poor clearance. A poor clearance at the other end led to the opening goal on 13 minutes, the ball falling to Layton Watts on the corner of the penalty area and he squared for Matty Tymon to sweep home. Michael Woods came within a whisker of making it 2-0 midway through the half, hitting a loose ball on the volley against a post, before Li-Bau Stowell got down well to save from Donald Chimalilo. Carden made a double substitution at half-time, bringing on Liam Brazier and David Morgan for his Yellows debut, but they hadn't touched the ball and it was 2-0. Connor Smith's cross from the right was headed down by Tymon for Chimalilo in the centre of the box and he gave Stowell no chance. Two became three on 53 minutes, Watts' free-kick diverted home by Tymon, who managed to squeeze the ball inside the post despite not making the best of contacts with it. It was a long afternoon for the visitors after then, though they did at least muster a shot on goal when Morgan was denied by Bland. A fourth goal came on 79 minutes, Harley Dawson finding Smith in space on the right and his side-footed effort appeared to be going in before Watts made doubly sure. Three games in to their return to the Northern Premier League and the Yellows have just one point ahead of Tuesday's home game against Ilkeston Town. Whitby: Bland, Smith, Haswell, Nelson, Whelan (Collins), Gell (McGrath), Hawkins, Woods (Dawson), Tymon (Harrison), Watts, Chimalilo (McGinley). Warrington Town: Stowell, Melhado, Doyle, Dixon (Morgan), Bourne, Gamble, Gabidon, Daly (Lloyd), Lusiama (Brazier), Harris, Murphy. Unused subs: Waters, Macormac.
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6 minutes ago
- Politics
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Lib Dem leader backs calls for urgent work on locks
Liberal Democrat leader Sir Ed Davey has added his voice to calls for urgent repairs to locks on a city's river, saying it faces a "catastrophe". Jesus Green Lock and Baits Bite Lock on the River Cam in Cambridgeshire have been closed to navigation since June 2024 after being deemed unsafe. The possible collapse of a lock island could take out a sluice, lowering the river water level, which could put an end to punting. The Environment Agency previously told the BBC it was aware of the situation and was working with the Conservators of the River Cam, who manage a stretch of the river, to "support them with this issue to ensure a co-ordinated and effective response". Martin Smart, the Labour Cambridge City Council cabinet member for nature, open spaces and city services, said the authority had provided two of its "top officers" to work with the Conservators to come up with a plan. Jesus Green Lock is in the city centre and Baits Bite Lock is in Milton, north of Cambridge. Sir Ed, speaking after he tried punting on the Cam on Friday, said: "I think these locks urgently need to be repaired and potentially rebuilt." David Goode, chair of the Conservators, who manage the river between Bottisham and the Mill Pond, said a structural engineer surveyed two locks as "in imminent danger of collapse". Work to replace the locks could cost about £25m, which he said the group did not have. Sir Ed said the work was "essential for people using the river" and if it was not completed "the river would go to a trickle". "All the jobs, all the revenue, all the tourism that brings to this great city... So this is actually quite an urgent investment and I hope Cambridge City Council can work with the government or with other agencies to get that investment," he said. Earlier this year, the Conservators issued an "organisation in crisis" update. The group said the cost of the repairs and maintenance needed to the river's infrastructure was beyond their financial capacity. Mr Goode said that £1.6m "stabilisation work" would start at Baits Bite lock from 25 August, providing a fix which could last between five and 10 years. Follow Cambridgeshire news on BBC Sounds, Facebook, Instagram and X. More on this story Funding plea to rebuild 'unsafe' Cam locks Locks closure 'hampers life' for stranded boaters Related internet links Conservators of the River Cam
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6 minutes ago
- Business
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AI CapEx is a 'stimulus-level' boost to economy & productivity
Markets (^GSPC, ^IXIC, ^DJI) are pushing higher as investors eye artificial intelligence (AI)–linked capital expenditures (CapEx) and productivity gains. Horizon chief investment officer Scott Ladner and Barron's associate editor Al Root join Market Domination host Josh Lipton to lay out current market risks, how equal-weight tech could capture the next leg of the AI trade, and the effects of CapEx spend. To watch more expert insights and analysis on the latest market action, check out more Market Domination. Related videos Top Stock Market Highlights of the Week: ST Engineering, ComfortDelGro and Sea Limited SGX Added Two More Hong Kong Singapore Depository Receipts: Here's What You Need to Know Get Smart: STI smashes records. What happens next? DBS shares fall below $50 after a week Sign in to access your portfolio
