Leona Maguire and Stephanie Meadow appear to be out of contention for a medal ahead of the final round of the Women’s Golf tournament.Maguire will resume from level par, which is 11 shots off the lead and nine off the medal positions.Meadow is another shot behind her Irish team-mate on 1-over. Later this afternoon, Aileen Reed competes in the Women’s Triathlon, which gets underway at 3.00pm Irish time.And Arthur Lannigan-O’Keeffe sits in 25th place overall as he prepares to compete in the Men’s Modern Pentathlon, which begins at 4 o’clock.
Truck driver killed in Davao del Sur road accident Don’t miss out on the latest news and information. MOST READ Jo Koy draws ire for cutting through Cebu City traffic with ‘wang-wang’ Green group flags ‘overkill’ use of plastic banderitas in Manila Sto. Niño feast Parks basks in glory of ABL success, growth under coach Alapag Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew LATEST STORIES P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC ‘Stop romanticizing Pinoy resilience’ UP Maroon Booters celebrate the football championship. Photo by Tristan Tamayo/INQUIRER.netThe Golden Booters tried to retort after the halftime break, but UP forwards Borlogan, Kintaro Miyagi, and Fidel Tacardon were still able to control the ball and get numerous shots on goal.Dexter Benecio had an opportunity to draw for UST, but UP keeper Anton Yared was there to stop his shot at the 82nd minute.The Maroon Booters ended their season with a flawless record of 12 wins and four draws.UP took home its 18th overall men’s football title to reclaim the throne it lost last season.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next Scientists seek rare species survivors amid Australia flames UP finally found a crack on UST’s armor, as Ian Clariño’s volley off of a free kick from JB Borlongan at the 21st minute gave it the 1-0 lead. View comments In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Volcano watch: Island fissures steaming, lake water receding For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award KINGS OF THE PITCH! Congratulations UP Maroon Booters! #UAAPSeason80 pic.twitter.com/LnSzY0mZZe— Randolph B. Leongson (@RLeongsonINQ) May 3, 2018University of the Philippines completed its perfect season with a 1-0 win over University of Santo Tomas to snare the UAAP Season 80 men’s football championship Thursday at Rizal Memorial Stadium.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownAggressive from the get-go, the Maroon Booters controlled the pace of the match and sent the Golden Booters scurrying on defense numerous times.ADVERTISEMENT
AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinals160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! PALMDALE, Calif. (AP) — A fire set off ammunition in a storage container early Thursday but no one was injured, authorities said. Arson investigators were looking into the cause. Firefighters initially had to remain a safe distance away as the small-arms ammunition exploded, said Capt. Mark Savage of the Los Angeles County Fire Department. The fire began about 4:10 a.m. near the intersection of the Sierra and Pearblossom highways south of Palmdale. It was put out in about 90 minutes.
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) on Thursday said it plans to raise up to $2 billion in overseas borrowings through a unique and flexible, Singapore-listed debt instrument that provides it with an option to raise funds at short notice. The funds so raised can be used to repay about Rs 15,000 crore of the company’s existing borrowings, fund acquisitions or meet project/asset expenses. In a press statement, ONGC said it has “set up a Euro Medium Term Note (EMTN) programme of $2 billion which will be listed on the Singapore Stock Exchange.” Also Read – Thermal coal import may surpass 200 MT this fiscalThe EMTN programme would enable ONGC or any of its named subsidiaries to go to market at short notice, say 5 to 10 days, to borrow funds any number of times within a one-year period. For the current EMTN programme, ONGC, its overseas arm ONGC Videsh Ltd (OVL) or its subsidiaries can access the market. As on June 30, ONGC had a borrowing of about Rs 15,000 crore while another Rs 42,000 crore debt was on OVL books. ONGC, India’s top oil and gas producer, is implementing multi-billion dollar projects within the country to bring to production new discoveries or prolong output from existing fields. Its overseas arm is on the prowl for acquisitions besides having funding requirements for the 41 projects it has in 20 countries. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostBoth companies have accumulated debt on their books because of acquisitions they made in recent times. ONGC exhausted all its cash and became a net debt company last year when it bought government stake in Hindustan Petroleum Corp Ltd (HPCL) for Rs 36,915 crore and Gujarat government firm GSPC’s stake in a KG basin field for Rs 7,738 crore. “An EMTN programme is an uncommitted facility and any drawdown thereof under this document would be subject to funding requirements,” the statement said. “This is a landmark achievement for ONGC as it is amongst select few corporates and India’s first oil and gas public sector integrated energy major to set up an EMTN programme.” ONGC chairman and managing director Shashi Shanker said the EMTN programme is a landmark achievement for ONGC as it would further enhance the company’s credit profile amongst global investor base. “We have embedded structural features in the programme which would allow ONGC, ONGC Videsh or its subsidiaries to access international markets within a shorter time frame,” he said. “We do believe this programme will assist in meeting our strategic financing requirements for our organic or inorganic growth prospects due to our vision of becoming an integrated energy major of global reckoning.” A euro medium-term note is a medium-term, flexible debt instrument that is traded and issued outside of the US and Canada. These instruments require fixed payments and are directly issued to the market with maturities that are less than five years. “Current low yield environment in international debt markets does provide attractive tenor funding options, however any drawdown under the programme will be made to meet specific requirements of ONGC, OVL or its subsidiaries,” said Subhash Kumar, Director (Finance), ONGC. The EMTN programme, he said, would allow ONGC to access international bond markets opportunistically to meet its funding requirements.