
SEGN
Well, I'd only want it close by, so perhaps:
SEHNBy - Someone Else's House Near By
or
NtMNIMG, pronuounced Nit-m-ning - Near to Me, Not in My Garden
Nik
20 publicly visible posts • joined 22 Feb 2010
That's because companies are taxed on their profits, not on cashflow. The sale of the Verizon stake merely changes the asset that Vodaphone owns from being 45% of a JV to a smaller % of the Verizon parent business and a pile of cash. Unless the new shares + cash are valued at more than the original shares, no profit was generated by the transaction.
It also happens that the sale is tax exempt as a 'substantial shareholding' , in just the same way that selling your house is tax exempt. It is because the law says it is.
Nothing to see here, next story please.
Can't comment on the reliability of French auto electrics becasue to do so would be to tempt fate with respect to my 187,000 mile, 11-year-old Peugeot , which to date has been trouble free in that respect.
However, I drove the 3008 Hybrid4 last summer, and I too was impressed. We were at low speed on a short track, but the switch from electric only to diesel was very smooth indeed. The rep told me that the electric drive will kick in whenever you put your foot down, just for a couple of seconds to mask the turbo-lag.
I think you're missing the point here - this scheme is for banks and agencies that see the need to carry the personal details of their clients round on laptops but can't stop their staff leaving them on trains. The sort of stuff that the ICO keeps handing out larger and larger fines for. If their crypto is CESG approved then they can show they've taken all reasonable steps to prevent the loss of data.
I hate to be a Party Pooper, but the last signal was at 9:46, at which point the baloon was at 11,000' descending at around 4000' per minute. With locations coming in every two minutes, it's likely that the battery failed due to a sudden ingress of salt water a good few hours before this story was published.
Re: Dr Insanity:
A decent EV battery is 50-100 KWh in capacity. In order to charge that in 5 minutes (comparable to filling with petrol) you need to push between 600KW and 1.2MW into the car. Unless you have a very high voltage (and the associated problems that that brings) this will need a lot of current.
EV users charge their cars every night, so only need to charge away from home if doing a daily journey in excess of the car's range. The comparison with filling a legacy car with liquid fuel isn't really valid.
If you're going to compare the cost of generating electricity then you also need to include the energy required to produce petrol. It doesn't just come out of the ground ready to use - it takes about 7kWH to produce a gallon of petrol (energy which an EV could use to drive 30 miles) and that's before you've started to distribute it.
There's no such thing as a free lunch, so of course EVs use energy, but please try to compare like with like.
All good stuff. It seems to me that the other overlooked effect is that of outsourcing of non-core functions. Whereas previously all the 60,000+ people who work for my firm in the UK would have had a Standard Industry Code related to manufacturing, a whole load of them are now counted as service industry types. These people (catering, cleaning, IT, HR, to name but a few) still do the same jobs, many of them at the same desks - just for a different employer.
Nothing has changed, but thousands of people have been moved from manufacturing to services.