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Fiona Ortiz News

18 Oct 2015

Tropical Storm Olaf strengthening in Pacific, to Become Hurricane

Tropical storm Olaf is strengthening in the Pacific between Mexico and Hawaii and is likely to become a hurricane by Saturday night or Sunday, but is not expected to make landfall, the National Hurricane Center said. The center said Olaf is forecast to become a major hurricane by Monday. Olaf is located 1,600 miles (2,600 km) west-southwest of the southern tip of the Mexican state of Baja California. At 8 a.m. PDT (1500 GMT) it had maximum sustained winds of 60 miles per hour (95 km/h), the center said. It is moving to the west, and expected to turn in a northwest direction later in the weekend. "There are no coastal watches or warnings in effect," the hurricane center said in its latest public advisory on the storm.

28 Jan 2015

Fugitive Treasure Hunter Arrested in Florida

An Ohio man who recovered as much as $400 million in gold from a shipwreck has been arrested in Florida after two years on the run and was scheduled to appear in federal court on Wednesday. Tommy Thompson was detained on Tuesday night at a Hilton hotel in west Boca Raton, Florida, said Barry Golden, spokesman for the U.S. Marshals Service in the Southern District of Florida. He was due to appear in federal court in West Palm Beach on Wednesday, Golden said. He is wanted for failing to appear in a federal court in Ohio in 2012. Thompson was arrested with a woman, Alison Antekeier, who also has an outstanding arrest warrant in Ohio, according to Golden. They appeared to have been living in the hotel for about two years, he said.

24 Jun 2014

Spain Gives Go-ahead to Canary Islands Drilling

Spain's Supreme Court approved on Tuesday a $7-billion oil exploration project off the Canary Islands, clearing one of the final hurdles for oil company Repsol to begin drilling within months. In 2012, Spain's government granted permits for hydrocarbon exploration off the coasts of the Fuerteventura and Lanzarote islands, but they were frozen while courts decided on a number of appeals on environmental grounds. Of the seven appeals against drilling rejected by the Supreme Court, one was from the local Canary Island government, which initially supported the project but then turned against it. Repsol, which leads a consortium including Australia's Woodside Petroleum Ltd and Germany's RWE Dea AG…

10 Apr 2014

Ship Ready to Destroy Syria's Chemical Arms at Sea

The container ship M/V Cape Ray departs Portsmouth, Va., Jan. 10, 2014, for sea trials. U.S. Navy photo by Petty Officer 3rd Class Lacordrick Wilson

Experts on board a cargo ship transformed into a multimillion dollar chemical weapons destroyer said on Thursday they were ready to start working on Syria's stock of toxic arms in the middle of the Mediterranean as early as May. Now they just have to hope the weather holds and Damascus delivers on time. Former container vessel Cape Ray, docked in southern Spain, has been fitted out with at least $10 million of gear to let it take on about 560 metric tonnes of Syria's most dangerous chemical agents and sail them out to sea, said officials.

27 Feb 2014

Gamesa Turns to Profit in 2013

Reuters - Spanish wind turbine maker Gamesa posted on Thursday a 45 million euro ($61.50 million) profit in 2013, after making losses in the same period a year earlier when it booked writedowns for stalling demand and staff layoffs. Gamesa, whose main European competitor is Denmark's Vestas Wind Systems, said recurring earnings before interest and taxes (EBIT) climbed 175 percent to 129 million euros in 2013 from a year ago. The company sold 1,953 megawatts of wind turbine capacity in 2013, in line with its target, and said it expected to sell between 2,200 and 2,400 megawatts of capacity this year. ($1 = 0.7317 euros) (Reporting by Andres Gonzalez; Writing by Tracy Rucinski; Editing by Fiona Ortiz)