Deliveroo appoints Goldman Sachs to oversee London float

first_img However, further banks are expected to join discussions in the coming months. whatsapp It comes as the food delivery giant saw sales rocket during the pandemic, as a nationwide lockdown and social distancing measures forced customers to eat from home. The group last week announced it is preparing to add an extra 15,000 riders to its fleet by the end of the year to meet fresh partnerships and a surge in demand. Deliveroo declined City A.M’s requests to comment on Goldman’s appointment, and it is understood that there is no definitive timetable for a public listing.  In June, the CMA gave Amazon the green light to pump £442m into the food delivery company, after Deliveroo warned the watchdog that the “impact of the coronavirus pandemic on its business meant that it would fail financially and exit the market without the Amazon investment”. Deliveroo now has an estimated 44,000 restaurants and 16 grocery partnerships on its platform in the UK, including supermarket giants Waitrose, Morrison’s Aldi and the Coop. Poppy Wood Deliveroo has appointed Goldman Sachs to oversee its long-awaited London flotation, according to reports, in a move that would value the UK food delivery company at more than £2bn. (Getty Images) Deliveroo, founded by Will Shu in 2013, swung to a profit earlier this year just months after warning the UK’s competition regulator it could go bankrupt. The nationwide lockdown came as a welcome boost for the food delivery company, after it last year struggled to turn a profit. Last September, Deliveroo said losses had deepened from £199m to £232m in 2018. Tags: Goldman Sachs by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USANoteableyAirport Security Couldn’t Believe These Jaw-Dropping MomentsNoteableyPast Factory”Waltons” Actress Says Magazine Ended Her CareerPast FactoryDefinitionThe 20 Worst Draft Picks Ever – Ryan Leaf Doesn’t Even Crack The Top 5Definitionbonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickGadgetheory39 Of The Most Beautiful Women In HistoryGadgetheoryBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Deliveroo appoints Goldman Sachs to oversee London float (Getty Images) Also Read: Deliveroo appoints Goldman Sachs to oversee London float The company jumped on Rishi Sunak’s plans to boost the UK’s V-shaped economic recovery, rolling out £5 discounts for customers as part of its Eat In to Help Out offer across August and September. Before the Open: Get the jump on the markets with our early morning newsletter During both May and June, Deliveroo had “both been profitable and had a positive cash flow” following a “significant increase” in order volumes during the pandemic, the Competition and Markets Authority (CMA) said.  Share The CMA’s ruling that Amazon’s 16 per cent stake in the firm was “not likely to result in a substantial lessening of competition” laid the ground for further innovation for the delivery giant. The Amazon-backed startup is expected to debut on the London stock market next year following discussions with the investment banking firm, Sky News reported.  (Getty Images) Also Read: Deliveroo appoints Goldman Sachs to oversee London float whatsapp Show Comments ▼ Monday 5 October 2020 12:51 pmlast_img read more

Analyst Views: What did you make of Sky’s quaterly results?

first_img Express KCS Analyst Views: What did you make of Sky’s quaterly results? More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her:‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFlorida woman allegedly crashes children’s birthday party, rapes‘The Love Boat’ captain Gavin MacLeod dies at Show Comments ▼ Tags: NULL whatsapp IAN WHITTAKER | LIBERUMThe results read very well, especially on the subscriber metrics, although significant changes to KPI disclosure make reading of longer-term trends hard. However, there are some signs the quality of the subscriber base might be coming under pressure.JULIEN ROCH | BARCLAYSChurn is again low, confirming that the connected boxes strategy unveiled by the company … is working superbly. Yes, the market is more competitive in the UK with players offering new alternatives. But Sky has now demonstrated they can still grow nicely thanks to a superior TV productSTEPHEN WILLIAMS | BREWIN DOLPHINThe benefit of Sky’s good cash flow – and hence dividend yield – is being offset by higher content prices and thus there is greater urgency to develop content in-house. center_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunGadgetheoryAirport Security Couldn’t Believe These Jaw-Dropping MomentsGadgetheoryDepressionFixed.comWhat’ll Happen to You If You Start Eating 3 Eggs a Day?DepressionFixed.comLearn It WiseMamãe elefante faz isso depois que o homem salva seu bebê que está se afogandoLearn It WiseLovesobserverRemember Pauley Perrette? Take A Deep Breath Before You See How She Looks NowLovesobserverHealth.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasget whatsapp Tuesday 21 April 2015 9:00 pmlast_img read more

News / Atlanta cargo community system blazes a high-tech trail in the US

first_img“Gone are the days of contacting multiple agencies to locate a status update on your shipment, as the ATL ACS is your new single resource for all progress reports on your moving products,” said Sonny Trawick, international quality assurance manager of R&L Global Logistics.Elliott Paige, director of air services development of the airport, a driving force behind the establishment of a CCS at Atlanta, said that until now drivers coming to the airport to pick up freight had not known how much freight they would be able to collect, having had no visibility into the availability of shipments. They would often spend long times waiting and occasionally leave the airport without a single shipment, he said.The ACS has a feature that allows truckers to book dock doors. For their part, handlers can give their approval electronically or decline, giving reasons, such as outstanding payments. The system is linked with PayCargo, allowing users to pay on the spot.In developing the platform, Kale has worked with Microsoft to incorporate artificial intelligence and machine learning in the system. It can predict, assign and prioritise the allocation of docks for trucks waiting at the marshalling yard.As it is being used, the system builds up data and begins to learn the behaviour of the individual users. Over time, this will enable it to give advice to improve efficiency, such as suggesting a better pick-up time or proposing an alternative route, Mr Paige said.Down the road, he envisages Atlanta’s ACS to connect with community platforms at other airports, such as Amsterdam Schiphol, which has a partnership agreement with Atlanta to develop a tradelane.He is also looking to bring customs into the fold. The US Customs & Border Protection Agency (CBP) has shown interest in the platform, but Mr Paige does not expect a link to materialise soon. As a federal agency, CBP would not engage just with Atlanta but go for a nationwide approach with links to multiple community systems, he said.“We’ll start with the private sector. They are a lot more nimble,” he added.While the airport authority has pushed the ACS project, it has not invested in it. ACS is a private, commercial initiative. To date it has not charged for use of the platform, but early in the coming year it will come up with a fee structure, Mr Paige said.The airport authority is pursuing another avenue for cargo development. It has put up an RFI for the development of a 63-acre parcel of land on the south side of the airport. It has no specific plans for the type of cargo facility to be built other than wanting a state-of-the-art building capable of handling different kinds of cargo relevant to the region, that can move freight at the speed of baggage, Mr Paige said. © Alexey Novikov The first air cargo community system in the US in the 21st century is officially open for business.The Airport Cargo Community System (ACS), a digital platform developed and managed by logistics IT provider Kale Logistics, enables all participating stakeholders at Atlanta’s Hartfield Jackson International Airport to communicate with each other to facilitate the movement of goods and information at the airport.After trials that had kicked off in the summer, with some 20 stakeholders, the system went live on 14 November.According to Kale, ACS is meant to be more than a simple data-sharing platform with a fully functional digital system that eliminates duplicate data entry work and excessive documentation, addresses truck congestion and wait time issues and offers the transparency to reduce overall logistics costs and enable better supply chain planning.center_img By Ian Putzger, Americas correspondent 18/12/2019last_img read more

How a blood test changed my life and helped me become a rare disease advocate

first_img Christopher Anselmo, who has a rare muscle disease, is studying for his MBA at Boston College. Kayana Szymczak for STAT Christopher Anselmo A rare disease killed her mother. Can this scientist save herself? About the Author Reprints What made it so difficult was the feeling of isolation. I no longer felt like I belonged to the world of the able-bodied. Worse, I didn’t know anyone who truly understood my situation.After growing tired of sulking, I slowly picked myself up. I decided to focus on what this disease could not take away from me. One event that helped me was a conference I attended in 2013 sponsored by the Jain Foundation — an organization whose mission is to find a cure for my disease. There I finally met other people with dysferlinopathy.It was an uplifting experience, one that I wish happened years earlier. These people got it — they knew what it felt like to go from ability to disability right when the whole world was finally at your fingertips. I didn’t have to explain to them what I was feeling; they understood just through eye contact and a handshake. First OpinionHow a blood test changed my life and helped me become a rare disease advocate The rest of that year, my senior year of high school, was a long, frustrating diagnostic odyssey. It took 10 months to confirm I had dysferlinopathy. I thought it was an odd diagnosis, since I felt perfectly healthy and loved to play basketball.Since there aren’t any treatments for dysferlinopathy, it was only a matter of time before symptoms appeared. When they did, announcing the appearance of the disease with fatigue and falls, my life dissolved into turmoil. The physical challenges were formidable, but the mental challenges were often worse. I suffered from panic attacks and fell into a deep depression.advertisement Kathy Giusti: The businesswoman who took on her own cancer Tags dysferlinopathymuscular dystrophyrare diseases Being an advocate for my disease has pushed me toward a career in health care. One goal that dysferlinopathy could not take away from me was to get my MBA. I’m now enrolled in the graduate school of management at Boston College, graduating in May. It is not the easiest campus to navigate with a muscle disease, but I am not letting logistics get in the way of my goals.Over the years, I have met many other people who are living with rare diseases of their own. No one wants to be in this club. But once you are ready to accept membership, I’ve found that there is a community out there who will embrace you with open arms.On Monday I’m marking Rare Disease Day by speaking at a ceremony at the Massachusetts State House. This celebration is a great reminder that when all of us with rare and mystifying diseases are put together, we are one big community, and we are not alone on this journey.Christopher Anselmo is a student in the Carroll School of Management at Boston College. He blogs at By Christopher Anselmo Feb. 29, 2016 Reprints Related: A car crash changed my life. The accident itself hardly mattered — I walked away sore but unhurt. Instead, a post-crash blood test sounded an early warning for a rare disease that would spin my life in directions I could never have anticipated.I have dysferlinopathy, also known as Miyoshi myopathy and distal muscular dystrophy. My body has trouble making a protein called dysferlin, which is needed to build and repair muscle tissue. Without functional dysferlin, the muscles in my body have been wasting away for the last eight years, when I first started experiencing symptoms.My journey with this rare disease — it affects about four people in a million — started with a car crash in my hometown of West Hartford, Conn., in 2003. A pickup truck plowed into the passenger side of my friend’s car, where I was sitting. Somehow, I emerged uninjured. But routine tests in the emergency room showed an alarming amount of creatine kinase, a marker of muscle damage, in my bloodstream. Instead of hovering around 200, my level was in the tens of thousands.advertisement @Chris_Anselmo Related:last_img read more

Pharmalittle: Takeda finally makes a deal for Shire; Congress probes insulin pricing today

first_img What’s included? Pharmalot By Ed Silverman May 8, 2018 Reprints Alex Hogan/STAT Log In | Learn More Hello, everyone, and how are you today? We are doing just fine, thank you, especially since a warm and shiny sun is enveloping the Pharmalot campus. Our short person has left for the local schoolhouse and our official mascots are ensconced in their corners, snoozing away. We, however, have no time for napping. A busy day awaits and, no doubt, you can relate. So grab a cup of stimulation — or a water bottle, if you prefer — and let us all get cracking. Here are some items of interest to help you along. Hope you conquer the world today and, as always, keep in touch …Takeda Pharmaceutical (TKPYY) agreed to pay $62 billion to buy Shire (SHPG) following a months-long battle that will create the world’s eighth-largest drug-maker with combined sales of $30 billion. The move extends Takeda’s reach in key U.S. and European markets, although the company will borrow cash to fund the deal, worrying some shareholders. The deal means Takeda will now earn roughly half of its revenue in the U.S. — where companies have greater flexibility to charge what they like — up from one-third of its revenue previously, The Wall Street Journal says. About 7 percent of 52,000 workers will lose jobs. [email protected] About the Author Reprints What is it? STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.center_img @Pharmalot GET STARTED Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Ed Silverman Pharmalittle: Takeda finally makes a deal for Shire; Congress probes insulin pricing today Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Tags Donald Trumpdrug pricingfinanceMedicareopioidspharmaceuticalsSTAT+last_img read more

Mission to clean up space junk with magnets set for launch

first_imgAbove us, there is a cloud of more than 9,000 tons of space junk — equivalent to the weight of 720 school buses.The debris is composed of old satellite parts as well as entire defunct satellites and rocket bodies, reported CNN. The debris poses risks to the International Space Station and threatens things we take for granted on Earth, like weather forecasting, GPS and telecommunications.The debris is a problem that’s getting worse with more and more satellites being launched into space each year by ventures like Elon Musk’s SpaceX.A demonstration mission to test new technology, created by the company Astroscale, that would help clean up space debris is set to launch in the early hours of Saturday from Kazakhstan. AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments NASA astronaut & Russian cosmonauts to return to Earth April 18, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments RELATEDTOPICS As part of the mission, the company will test whether the spacecraft can catch and dock with the satellite as it tumbles through space at up to 17,500 miles per hour — several times faster than the speed of a bullet, reported CNN.The tests during the mission will rely on a magnetic docking plate to latch onto the satellite.“Now is the time to take the threat of debris seriously by committing to debris removal programs and preparing satellites for future removal at their end of life,” said John Auburn, managing director of Astroscale UK and group chief commercial officer.“Avoiding catastrophic collisions will help to protect the space ecosystem and ensure all orbits can continue to thrive sustainably for generations to come.” Spacecraft carrying four astronauts docks with International Space Station April 26, 2021 Advertisement AdvertisementTags: international space stationspace junk AdvertisementDuring the mission, a Soyuz 2 rocket will launch a 175-kilogram spacecraft with a satellite attached into space. The spacecraft and the satellite – the debris to be cleaned up during the mission – will separate and then perform a high-stakes game of cat and mouse over the next few months, reported CNN.Astroscale will test the spacecraft’s ability to snatch a satellite and bring it down toward Earth’s atmosphere, where it will burn up.The mission is expected to end in September or October of this year. Advertisement WATCH: NASA astronauts conduct second spacewalk of the year February 1, 2021 NASA astronaut, Russian cosmonauts arrive at International Space Station April 10, 2021last_img read more

Sino-North Korean Economics on Show

first_img Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak News Sino-North Korean Economics on Show News SHARE Facebook Twitter By Daily NK – 2011.06.08 1:29pm News center_img RELATED ARTICLESMORE FROM AUTHOR AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] [imText1] There are signs that North Korea is running into serious difficulties with its corn harvest News North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

31 Residents of St. Thomas get Land Titles

first_imgRelated31 Residents of St. Thomas get Land Titles Related31 Residents of St. Thomas get Land Titles 31 Residents of St. Thomas get Land Titles UncategorizedMay 31, 2007 Related31 Residents of St. Thomas get Land Titlescenter_img Advertisements FacebookTwitterWhatsAppEmail Thirty-one residents of five land settlement schemes in St. Thomas were on Monday (May 28) presented with certificates of titles under the Government’s Land Settlement Programme.Minister of Agriculture and Lands, Roger Clarke, made the presentation to the residents from Law River, Spring Pen, Lloyds, Georgia, and Golden Valley at the Anglican Church Hall in Morant Bay.Mr. Clarke, in his remarks, noted that the Land Settlement Programme, which was introduced in 2006, “was about empowering people.”He said he has always been moved by the emotions expressed by beneficiaries when they receive their titles. “It is for that reason why I will do everything to ensure that people get their land titles,” he said.Minister Clarke noted that many more land titles could have been distributed in the parish by the National Land Agency (NLA), but the agency was restrained by probate issues. “I speak specifically of Spring Pen, Lloyds, Golden Valley and Georgia.St. Thomas has some of the older land settlement schemes but many of the original allottees have died and the NLA is working with the various estates to effect transfers to bonafide next of kin and to speed along the process,” he informed.In the meantime, the Minister indicated that the NLA will continue to carry out surveys in several land settlement areas across the island and work with the various local planning authorities to obtain the necessary subdivision approvals so that persons could receive their land titles.last_img read more

County schedules open house to begin Shoreline Master Program update

first_img guestLabel Name*Email*Website Name*Email*Website Subscribe Connect with LoginI allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgreeNotify of new follow-up comments new replies to my comments I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). County schedules open house to begin Shoreline Master Program updatePosted by ClarkCountyToday.comDate: Monday, September 16, 2019in: Community Newsshare 0 Clark County is undertaking a periodic review of its SMP, as required by the Washington State Shoreline Management Act VANCOUVER — Shoreline Master Programs (SMP) are local land-use policies and regulations that guide use of shorelines. SMPs are based on state guidelines and tailored to the specific needs of the community.Clark County is undertaking a periodic review of its SMP, as required by the Washington State Shoreline Management Act (SMA).Residents can learn more about the update at an upcoming open house on Wednesday, Sept. 25 at Clark County Fire & Rescue Dollar’s Corner Station, 21609 NE 72nd Ave., Battle Ground. Doors open at 5:30 p.m. with a presentation at 6 p.m.If you are unable to attend in person, you can participate in an online open house via the project website link below. The online open house will be available until Mon., Oct. 7, 2019.For more information, visit SMA requires each SMP be reviewed and revised, if needed, on an eight-year schedule established by the State Legislature. The review ensures the SMP stays current with changes in laws and rules, remains consistent with other Clark County plans and regulations, and is responsive to changed circumstances, new information and improved data.The Department of Ecology SMA webpage may be found here: provided by Clark Co. WA Communications.AdvertisementThis is placeholder textTags:Battle GroundClark CountyVancouvershare 0 Previous : City of Washougal releases names of four candidates for police chief Next : Give More 24! Rally jumpstarts a day of donationsAdvertisementThis is placeholder textcenter_img guestLabel I allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgree 0 Comments Inline FeedbacksView all commentslast_img read more

New CU-NASA Research Belies Previous Idea That Mars Was Once Warm, Wet Planet

first_imgA new study led by University of Colorado at Boulder researchers indicates Mars has been primarily a cold, dry planet following its formation some 4 billion years ago, making the possibility of the evolution of life there challenging at best. Led by CU-Boulder doctoral candidate Teresa Segura and her adviser, Professor Owen B. Toon, the team used Mars photos and computer models to show that large asteroids or comets hit the planet some 3.5 billion years ago. These impacts apparently occurred about the time major river channels were formed on the Red Planet, said Segura. According to the available evidence, roughly 25 huge impactors, each about 60 miles to 150 miles in diameter, slammed into Mars roughly every 10 million to 20 million years during the period, blowing a volume of debris equivalent to a global blanket hundreds of yards thick into the atmosphere. The material is believed to have melted portions of subsurface and polar ice, creating steam and scalding water that rained back on Mars at some six feet per year for decades or centuries, causing rivers to form and flow, according to the study. But the study belies the warm, wet, Mars theory of rivers and oceans embraced by many planetary scientists, since such impactors were so infrequent. “There apparently were some brief warm and wet periods on Mars, but we believe that through most of its history, Mars has been a cold, dry planet,” said Segura, currently a visiting researcher at NASA-Ames in California. A paper by Segura, Toon, CU-Boulder graduate Anthony Colaprete — now at NASA-Ames — and Kevin Zahnle of NASA-Ames, will appear in the Dec. 6 issue of Science. “When the river valleys on Mars were confirmed in the 1970s, many scientists believed there once was an Earth-like period with warmth, rivers and oceans,” said Toon, director of CU-Boulder’s Program in Oceanic and Atmospheric Sciences and a professor at the University’s Laboratory for Astrophysics and Space Physics. “What sparked our interest was that the large craters and river valleys appeared to be about the same age.” In between such catastrophic events, the planet was likely very cold, dry and inhospitable to any life forms, said Toon. “We definitely see river valleys but not tributaries, indicating the rivers were not as mature as those on Earth.” The rare, hot rains pelting Mars that likely came from water in asteroids and comets hitting the planets and the evaporation of some ice from polar caps and ice beneath the impacts would have been spectacular, said Segura. “We believe these events caused short periods of a warm and wet climate, but overall, we think Mars has been cold and dry for the majority of its history.” According to Toon, previous theories that carbon dioxide gas and clouds warmed Mars during its early history “just have not worked out quantitatively.” There is no evidence on Mars of large limestone deposits from the first billion years, which would be directly linked to large amounts of C02, a greenhouse gas, he said. There also is no evidence that another greenhouse gas, methane — which can be created naturally by volcanic eruptions or produced by primitive life — was present in the Martian atmosphere. But even CO2 and methane combined would not be enough to warm the planet as greenhouse gases did on Earth and Venus in their early histories, Toon said. “Hypotheses of a warm, wet Mars, based on the presumption that the valley networks formed in a long-lasting greenhouse climate, imply that Mars may once have been teeming with life,” wrote the authors in Science. “In contrast, we envision a cold and dry planet, an almost endless winter broken by episodes of scalding rains followed by flash floods. “Only during the brief years or decades after the impact events would Mars have been temperate, and only then might it have bloomed with life as we know it,” they wrote. Although temperatures in the subsurface of Martian soil may have exceeded the boiling point during the impact period and provided a possible refuge for life underground, the short duration of warm periods predicted by the researchers would have made it difficult for life to ever establish itself on Mars, the team concluded. Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Dec. 2, 2002 last_img read more