Madan Tamang murder case: CBI seeks arrest warrant against Bimal Gurung, 21 others

first_imgThe Madan Tamang murder case has come to haunt the Gorkha Janmukti Morcha (GJM) leadership with the Central Bureau of Investigation (CBI) on Monday approaching the Chief Judge of City Sessions Court and urging it to issue non-bailable warrant against GJM president Bimal Gurung and 21 others.During the day the Court of Chief Judge, City Session Court Kolkata was hearing the Madan Tamang murder case where charges were to being framed against the accused. Of the 54 accused in the case, four have died while two others are absconding. Of the 48 remaining accused 26 were present in the court but 22 others including Mr Gurung were not present in the Court.Pointing out that the charges in the case cannot be framed unless all accused are present in the Court CBI counsel Arun Bhagat urged the Court to issue non bailable warrant against Mr Gurung and others who were not present in the Court. The Calcutta High Court on Wednesday directed that hearing on framing of charges in the Madang Tamnag murder case be completed by August 17 in the court of chief judge, city sessions court.All India Gorka League leader Madan Tamang was killed in open in broad daylight in Darjeeling in May 2010.last_img read more

"Madan Tamang murder case: CBI seeks arrest warrant against Bimal Gurung, 21 others"

Jammu and Kashmir: BJP says ready to debate on scrapping of Article 35A

first_imgThe Jammu and Kashmir unit of the BJP on Saturday said the party was open to a debate over Article 35A of the Constitution, which confers special status to permanent residents of the state, as protests continued against the August 6 Supreme Court hearing on petitions challenging the provision.The apex court is hearing a batch of petitions in the matter, including the one filed by an RSS-linked NGO ‘We the Citizens’, seeking quashing of the article.“The BJP is open to a debate with anyone or any political party on whether or not Article 35A is in the interest of the people of the state. We are extending an open invitation,” the state BJP chief spokesperson Sunil Sethi told reporters here.He said over the last few days, the political climate in the state has heated up over Article 35A and some political parties, especially those active in Kashmir, have taken an “anti-national and anti-people” stand on the issue.Targeting the National Conference (NC) and the Congress, Mr. Sethi said people in the Valley are being misled over Article 35A by being told that it is for their betterment and in the interest of the state.“The continuation of Article 35A will not have any benefit for the state. The central government has pumped crores of rupees into the state over the last 70 years but the development has not been as it should have been,” he said.He said Article 35A has acted as an obstacle in the state’s development because it did not allow outside investment.“Investors do not come here to set up Infrastructure. The youth are not getting the jobs,” he added. The BJP spokesperson alleged some politicians want to maintain the position for vote bank politics.Responding to a statement by the NC’s provincial president Devender Singh Rana that the special provision was introduced by Maharaja Hari Singh to safeguard the interests of the state, Mr. Sethi said the situation was different from what it was now when the law was enacted.“It was a princely state and not a part of India at that time. After accession, Jammu and Kashmir became part of India,” he said.“When we are a part of India then what is the need for separate provisions and that too when it has created hurdles in the development and is also discriminatory in nature,” he added.Accusing Mr. Rana of playing politics over the name of Maharaja Hari Singh, Mr. Sethi said it was the NC and the Congress who conspired to send the king out of the state and did not allow him to return till death.As a result of Article 35A, West Pakistan refugees, who came to the state in 1947, have been denied the right of being state subjects, which was promised to them, and local girls who marry outside the state lose their right over property, he said.“Jammu and Kashmir is not for foreigners but West Pakistan refugees are Indians and can live anywhere in the country, but not Rohingyas and Bangladeshi nationals,” he said.“My appeal to the people of Jammu and Kashmir is to understand the real purpose of Article 35A. It is like an iron chain which is keeping us from moving forward. If the state subject laws change, it will benefit the state,” Mr. Sethi said.He said if the article is repealed, new laws could be made to pave way for industrial growth and to prevent outsiders from settling in residential areas.Article 35A, which was incorporated in the Constitution by a 1954 Presidential Order, accords special rights and privileges to the citizens of Jammu and Kashmir and denies property rights to a woman who marries a person from outside the state. The provision, which leads such women from the state to forfeit their right over property, also applies to their heirs.last_img read more

"Jammu and Kashmir: BJP says ready to debate on scrapping of Article 35A"

Asian Games 2018: Dutee Chand delighted with Asiad medal after troubled past

first_imgDutee Chand won silver for India in women’s 100m on Sunday at the Asian Games 2018. It was India’s first medal in the event in 20 years and Dutee had to make an extremely difficult journey to make India proud.Dropped from India’s Commonwealth Games contingent in 2014 after being rendered ineligible to compete as a female athlete due to hyperandrogenism policy of the world athletics body (IAAF), the last four years of her life have not been easy for the 22-year-old Odisha athlete.Allowed to race again after being cleared by the Court of Arbitration (CAS), Dutee on Sunday achieved the biggest success of her career.”2014 was very a bad year for me. People said many things abut me. The same girl today came back and won a medal for the country, it is really big achievement for me,” Dutee said after winning a silver medal in the women’s 100m at the Asian Games.Asian Games 2018, Day 8: HighlightsThe desperation to achieve something big, to make up for the opportunities lost, was palpable as she spoke about her effort.”In the semifinals, the first 20 metres, I did not push much and coach pointed out that ‘you have to make a better beginning. So in the final I rushed the first 40 metres. I was running with eyes closed, whether medal comes or not, I wanted to better my timing.”When I opened my eyes, the race was over. I did not know what has happened. People said you have won a medal, but I did not believe, I did not pick flag until I saw the result on display screen.”advertisementAsian Games 2018: Dutee Chand wins silver in women’s 100m raceDutee could not stop smiling after the win.”It is my biggest medal, I am already 22 and I had never participated at Asian Games before because of hyperandrogenism. It was Olympic for me, I trained for six hours in a session for this.”Dutee had become only the third Indian to qualify for the women 100m event at the Rio Olympics. She had timed 11.69 but did not make it to the final.The Athletic Federation of India and IAAF’ faced flak for violating Dutee’s privacy and human rights. She appealed to the CAS and in July 2015, it issued a decision to suspend the hyperandrogenism regulation for female track and field sports for two years.It found that there was insufficient evidence to indicate that there is any link between enhanced androgen levels and improved athletic performance.The court gave two more years to IAAF to present convincing evidence and if it is not provided within the deadline, the regulation will be automatically revoked.Dutee’s silver came in 11.32 seconds, the same timing with which she had won gold at the National Games. However, it was slower than her own national record (11.29).”I was confused, I was not sure if I will win medal because I timed 11:43 in the semifinal, it was too much of strain for body. People assured me, saying God is with you.(With PTI inputs)last_img read more

"Asian Games 2018: Dutee Chand delighted with Asiad medal after troubled past"

Salman Khan reveals the only time he will act in an A-rated film

first_imgIn his three-decade-long career, Salman Khan has always acted in and produced “clean” entertainers, with no kissing scenes or nudity. In an interview with a newspaper, he revealed that the only A-rated films he would sign would be high on action.”The kind of films that are being made (especially some of the stuff jo web pe aa raha hai) are shocking! I can’t even watch the stuff, but people are watching it. I understand that is also private viewing, phone pe, laptop pe. Akele dekhne mein bhi humko thoda aisa lagta hai ki yeh kya ho raha hai. Because hamari upbringing hai, parents hain,” he said.Salman said that even now, the audience feels awkward when they watch a kissing scene. “Instead of ones and twos coming in to watch movies, I’d rather want our banner (Salman Khan Films) to have films where people know they will have the naughtiness, humour, action and romance, but all of us can watch them together. That’s what I want to keep it to. Aur agar koi picture ‘A’ rated hogi, then it will be because of action. I’m not for kissing and nudity in films at all,” he said.On the work front, Salman will be seen next on the big screen in Ali Abbas Zafar’s Bharat, which is an official remake of the Korean drama An Ode To My Father and will depict the history of India through the life of an ordinary man. Salman will be sporting five different looks, spanning over 60 years.advertisementBharat, which also features Katrina Kaif, Disha Patani, Nora Fatehi and Sunil Grover in pivotal roles, is set to hit the screens on Eid 2019.ALSO SEE | Salman Khan’s niece Alizeh Agnihotri turns princess in new pic. Seen it yet?ALSO READ | Government wants Salman Khan and Katrina Kaif to promote Urdu. Is this a joke, asks InternetALSO WATCH | A look at Salman Khan’s controversial lifelast_img read more

"Salman Khan reveals the only time he will act in an A-rated film"

Wimbledon 2019: Caroline Wozniacki out, Milos Raonic moves to 4th round

first_imgChina’s unseeded Zhang Shuai upset last year’s Australian Open champion Caroline Wozniacki in straight sets with a 6-4, 6-2 victory on Court Two to reach the fourth round for the first time in her career.Zhang, ranked 50th in the world, fired 26 winners and broke the former world number one and 14th seed six times to wrap up the match in 81 minutes to advance.The last year Australia Open winner has never been past the fourth round at Wimbledon, losing at that stage on six occasions.Canadian 15th seed Milos Raonic emerged a relatively easy winner from the battle of the big men on Friday when he outgunned American Reilly Opelka in straight sets to advance to the fourth round at Wimbledon.Opelka, 21, was very much in the mix against the 2016 runner-up as the first set went to a tie break but once that convincingly went the way of the favourite, Raonic took command to triumph 7-6 (1) 6-2 6-1 in a surprisingly rapid one hour and 41 minutes.Wimbledon debutant Opelka upset Stan Wawrinka in the previous round when much of the focus was on his 6ft 11in (2.10m) height. But with Raonic measuring in at 6ft 5in (1.95m) suddenly the x-factor was no more.The American had three break points in the fourth game of the first set but failed to convert any of them, and that proved to be the high-water mark of his day.In the second set he double-faulted to hand Raonic the first break of the match and a 4-2 lead, and from then on Opelka looked off the pace and won only one of the next nine games.advertisementRaonic, who closed out the match with an ace, won 93 percent of his first-serve points, in comparison with the 58 percent of Opelka.It was his third successive straight sets victory this week and sets up a potential fourth-round meeting with fourth seed and last year’s runner-up Kevin Anderson – another relative giant at 6ft 8in (2.03m).Also Read | Wimbledon 2019: Nick Kyrgios has the talent to win a Grand Slam, says Rafael NadalAlso Read | Wimbledon 2019: Roger Federer, Serena Williams move on, Angelique Kerber suffers shock exitAlso Seelast_img read more

"Wimbledon 2019: Caroline Wozniacki out, Milos Raonic moves to 4th round"

Documentary The Stairs wins TFCAs Rogers Best Canadian Film Award

first_img Facebook LEAVE A REPLY Cancel replyLog in to leave a comment Toronto film critics gave Hugh Gibson’s “The Stairs,” about habitual drug users in the city’s Regent Park community, a $100,000 award for best homegrown feature on Tuesday night.The intimate documentary won the Rogers Best Canadian Film Award at the Toronto Film Critics Association gala, which drew in luminaries including Quebec director Denis Villeneuve, who received an award for excellence.Gibson spent five years following social workers who help drug users through harm-reduction methods while also battling their own addiction issues at the community health centre. Advertisement Login/Register With: Advertisement Advertisement “They’re incredible people — they’re funny, they’re articulate, they’re not what you expect,” he said in an interview. “There are a lot of preconceptions about what a drug user, what a sex-trade worker is.“You don’t necessarily think of mother, grandmother, poet, someone who is funny, whip-smart, et cetera.”In his acceptance speech, he thanked those who let him into their lives and taught him about strength, resilience and “a different way of seeing street life.”“I hope that I honoured their stories,” he said. “Marty, Roxanne, Greg, thank you so much.“And also shout out to people who didn’t make it over the five years,” he added, putting his hand over his heart. “You’re right here with me.”Oscar-nominated filmmaker Sarah Polley, who announced the winner, called “The Stairs” “a huge contribution to the country and to everybody.”“Because it’s shining a light on something we don’t see and that’s so shockingly inspiring, what these subjects of the documentary are doing, in terms of giving back to their community while facing their own struggles,” she said in an interview.“The documentary is so respectful to them and I loved it.”The Rogers Best Canadian Film Award is said to be the richest film award in the country. The runners-up, who each received $5,000, were “How Heavy This Hammer” by Kazik Radwanski and “Operation Avalanche” by Matt Johnson.Villeneuve received the TFCA 20th Anniversary Award for Excellence, on the same day his sci-fi film “Arrival” received nine nominations for the British Academy Film Awards, including best director.“It’s quite an intense day today,” he said, noting the BAFTA nominations were “totally unexpected.”Celebrated documentary maker Alanis Obomsawin received the Clyde Gilmour Award, which comes with $50,000 in Technicolor services to give to a filmmaker of her choice. She chose Amanda Strong.“Cameraperson” by New York cinematographer Kirsten Johnson won the $5,000 Canadian Tire Allan King Documentary Award.“Werewolf” director Ashley McKenzie of Cape Breton Island, N.S., won the $5,000 Stella Artois Jay Scott Prize for an emerging artist.Previously announced winners include “Moonlight” for best picture and best supporting actor for Mahershala Ali.The German-Austrian father-daughter comedy “Toni Erdmann” won a leading three awards while Kenneth Lonergan’s drama “Manchester by the Sea” won two.This is the 20th anniversary of the awards.“If you judge by our finalists for Rogers Best Canadian Film, there is an insurgent kind of breed of Canadian filmmaking that doesn’t follow the rules,” said TFCA outgoing president Brian D. Johnson, who is being replaced by Peter Howell of the Toronto Star.“These are not Telefilm films, these are not big films. Only one of them has a major distributor and they’re all ferociously independent films.” Twitterlast_img read more

"Documentary The Stairs wins TFCAs Rogers Best Canadian Film Award"

Manulife sees dip in quarterly earnings due to impact of US hurricanes

first_imgTORONTO – Manulife Financial Corp. (TSX:MFC) says net income was down for the quarter as it took a significant provision related to the impacts of the U.S. hurricanes on its reinsurance business.The company says the provision amounted to $240 million for the damage caused by hurricanes Harvey, Irma and Maria, for its first significant loss in the business since 2011.Manulife says it had net income of $1.11 billion, or $0.54 per common share for the quarter ending Sept. 30, compared with $1.12 billion or $0.55 per share for the same period last year.Company CEO Roy Gori says key growth drivers continued in the quarter, with double-digit core earnings growth in Asia and another quarter of positive net flows in its global wealth and asset management business.Earnings were, however, also tempered by lower gains from investments and the direct impact of markets, with investment-related gains coming in at $111 million compared with $297 million in the third quarter last year.As of the end of the quarter, Manulife had total assets under management and administration of $1.0 trillion, up eight per cent from Dec. 31.last_img read more

"Manulife sees dip in quarterly earnings due to impact of US hurricanes"

Bahrain Supports Moroccos Efforts for Political Solution to Western Sahara

Manama   –  Bahrain’s minister of Foreign Affairs, Sheikh Khalid bin Ahmed al-Khalifah, said on Saturday that his country supports Morocco’s “serious and credible” efforts to find a political solution to the issue of the Moroccan Sahara, based on the autonomy initiative and related Security Council resolutions, and within the framework of the Kingdom’s sovereignty and territorial integrity.Bahrain also supports Morocco against Iranian plots and Tehran’s “blatant interference” in its internal affairs, Sheikh Khalid ben Ahmed al-Khalifah said in a speech to the 73rd session of the United Nations General Assembly.In addition, the minister noted that his country remains committed to contributing to a more prosperous future for the peoples of the world and recognizes the importance of alliances in ensuring regional security and addressing risks that affect the stability, development and prosperity of nations, particularly in the Gulf region. read more

"Bahrain Supports Moroccos Efforts for Political Solution to Western Sahara"

DHX Media changing name to WildBrain launches reorganization of company

HALIFAX — DHX Media Ltd. is changing its name to WildBrain, the name of its child-focused YouTube business, and launching a reorganization of the company. The producer and distributor of child and youth-oriented programming says its YouTube business has been renamed WildBrain Spark.The company also says chief operating officer Aaron Ames has been appointed as chief financial officer to replace Doug Lamb, who has decided to step down.The changes follow the appointment of Eric Ellenbogen, a former president and chief executive of Marvel Enterprises, as DHX’s new chief executive at the end of last month.DHX reported a loss attributable to the company of $62.8 million or 47 cents per share on $108.8 million in revenue for the three months ended June 30.The result for what was the company’s fourth quarter compared with a loss of $21.6 million or 16 cents per share on $97.4 million in the same quarter last year. This report by The Canadian Press was first published Sept. 23, 2019.Companies in this story: (TSX:DHX)The Canadian Press read more

"DHX Media changing name to WildBrain launches reorganization of company"

Cab companies confident after Ubers first holiday season in Calgary

Cab companies confident after Uber’s first holiday season in Calgary Thinkstock by Jonathan Muma Posted Jan 3, 2017 7:21 am MDT It was a much hyped battle going into the holiday season.Would cab companies be crushed by the up and coming challenger Uber? Or would they remain the number one way to get around?Now that cab companies have seen the competition in action, they’re picking up with a similar message to the one they gave all of last year.According to Naeem Chaudhry, general manager at Calgary United Cab, it’s still not a real competition.“The competition can only be between two parties if the same rules and regulations are applied to both sides,” he said. “Here the difference is taxis have different by-laws.”That includes the freedom for Uber to have as many cars and drivers as it wants.Chaudhry tells City News he’s not as concerned about what Uber does, but rather what other cab companies do.“We will offer the better service, we have our own app people can use the same way to order their taxis like they’re doing with Uber,” he said. “If other cab companies change their strategy definitely, we’re in the competition, we’re going to look into it.”He adds cab drivers are more experienced and will provide better service than Uber drivers, arguing they also have recording devices and other standard pieces of equipment that make for a safer ride. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

"Cab companies confident after Ubers first holiday season in Calgary"

Trade slows in AsiaPacific as economies adjust to lower global growth says

However, the Asia-Pacific Trade and Investment Report 2015, compiled by the UN Economic and Social Commission for Asia and the Pacific (ESCAP), said that the Asia-Pacific remains the most dynamic region of the global economy and will continue to hold its position as the largest trading region in the world.According to the report’s analysis of the latest regional trade and investment outlook in the region, total exports and imports from the region grew by only 1.6 per cent in 2014. When China is excluded from the regional total, exports from the Asia-Pacific region registered a decline of 0.4 per cent. The report further states that any possibilities of a merchandise trade recovery could suffer if the sluggish pace of trade and investment growth in the region continues. Despite the slow pace, the report says the Asia-Pacific region stands out for its significant and sustained achievements in leveraging trade and investment flows for development.The report, launched in Bangkok by ESCAP Executive Secretary Shamshad Akhtar, underscores the importance of reviving trade and investment to implement and meet the recently adopted Sustainable Development Goals (SDGs).“The data and analysis in the 2015 Asia-Pacific Trade and Investment Report will help to mainstream trade considerations, as we work towards achieving the new Sustainable Development Goals,” said Ms. Akhtar.She added that the production fragmentation across the world as part of Global Value Chains (GVCs) has opened new opportunities for developing countries to integrate in global trade.“In order to prosper in this globalized environment, countries will need to boost competitiveness and productivity to attract inward investment and technology, and find areas where they can successfully integrate in these value chains,” said Ms. Akhtar.According to the report, Asia and the Pacific accounted for nearly 40 per cent of global exports and imports in 2014, while intra-regional imports remained at a little over 50 per cent of the total in 2014, with intra-regional exports at 54 per cent.Further, the report indicated that the outlook for regional services trade was better than for merchandise trade as exports of services in the region increased at 5.1 per cent in 2014, compared to 4 per cent in 2013.The report evaluated that exports of travel and other commercial services were especially strong, supported by growing demand for travel by China.Additionally, the report shows that trade facilitation measures, including implementation of the WTO Trade Facilitation Agreement, can help reduce trade costs as many countries in the Asia-Pacific region are getting on with implementing trade facilitation measures ahead of the Agreement’s ratification.The report assesses that such changes when incorporated will help reduce regional trade costs but stressed that much more still needs to be done, especially in landlocked countries and it suggests that a regional agreement on paperless trade would mark a substantial breakthrough in this regard.Further, the report reinforces the importance of countries maintaining open trade regimes, and avoiding implementation of trade-restrictive measures.It highlights that increasing use of trade-restrictive measures such as non-tariff measures have detrimental consequences for the region’s least developed countries, presenting particular obstacles to small- and medium-sized exporters.The report also contained analysis on the challenges and opportunities posed by the rise of GVCs as a major trading factor as recent years have seen increased fragmentation of production across national boundaries with all its attendant benefit, supported by improving logistics, communication technologies and lower barriers to trade.However, the report finds that despite the region being central to the development of GVCs, which is now at the heart of many global and regional supply chains, most countries in the region have not fully benefitted from the expanded flows of trade and investments associated with them. These countries remain excluded from their potential benefits, particularly low-income countries, as 90 per cent of GVC-related trade is found to occur in just ten regional economies, the report stated. read more

"Trade slows in AsiaPacific as economies adjust to lower global growth says"

Goodman profs named among worlds most productive

Two Brock professors are being recognized on a list of the 99 most productive business and management education researchers in the world.Ernest Biktimirov, Professor of Finance, and Darlene Bay, Professor of Accounting, both with the Goodman School of Business, are among four Canadians featured in a report produced by researchers at several U.S. business schools and published in Decision Sciences Journal of Innovative Education in July.The list of the field’s most productive researchers was created after 7,209 authors were identified who published at least one paper in 17 carefully-selected business and management education journals.Each of the authors was ranked based on productivity according to the number of published articles — adjusted by the number of co-authors — and the journal quality. Topics included accounting, economics, finance, information systems, management, marketing and operations/supply chain management.The paper was created to provide a searchable list of authors and topics for business professors and administrators, while also helping to identify research opportunities and potential collaborators.“I think it’s a great accomplishment for Goodman,” Biktimirov said of having two Brock professors named among only four Canadians on the list. “It’s very strong validation of the quality of education we offer at the Goodman School of Business.”Biktimirov was ranked second among Canadians on the list, and third among the finance researchers worldwide that were included.“It was a great honour to be recognized,” he said, adding his passion for teaching and love of research motivates him to stay productive in his field.“I’m always looking for new, innovative ways to teach finance,” he said. “I’m always trying to make finance easier to understand and more exciting. When I succeed in that, it gives me a great sense of satisfaction.”Biktimirov is hopeful his teaching and research will help inspire others to pursue finance professionally.Bay, who has been teaching accounting at Brock since 2004, was surprised by the designation but honoured to be included among authors whose work she has been reading for years.Her ongoing motivation is due in part to being raised in an environment that “requires one to do a good job,” she said. “I shudder to think what my grandmother would say if she ever heard of me not doing the very best I can at my job. It is very important to me to feel that I am ‘earning’ my paycheque.”But more than that, Bay said being an accounting professor is a big part of who she is. The career choice was initially based on her love of teaching and interaction with students. It was through working with others that she learned to not only enjoy research, but to also integrate her love of teaching. “That is the genesis for many of the research projects (I have taken on) and for projects in other areas of accounting research,” she said. “I love it when I can do research with our graduate students — that is the best.”The paper, Key Authors in Business and Management Education Research: Productivity, Topics, and Future Directions, was co-authored by several professors from U.S. business schools, including J. B. Arbaugh, University of Wisconsin Oshkosh, College of Business; Carlos J. Asarta, University of Delaware, Lerner College of Business; Alvin Hwang, Pace University, Lubin School of Business; Charles J. Fornaciari, LaSalle University, School of Business; Regina F. Bento, University of Baltimore, Merrick School of Business; and Kathy Lund Dean, Gustavas Adolphus College.Biktimirov recently spoked about the designation during an appearance on Conversations with Goodman, a podcast series produced by the Goodman Marketing, Communications and Alumni Relations team that features guests from the Goodman community. read more

"Goodman profs named among worlds most productive"

Poll Have you ever experienced bullying at work

first_imgYesNoNo, but I’ve seen it happen to othersVote No, but I’ve seen it happen to others (787) Poll Results: Yes (1513)center_img No (2366) IRELAND IS THE seventh worst country in the EU for workplace bullying, a new study has found. The level of physical violence at work is also high by European standards.SIPTU has revealed it’s dealing with around 100 bullying cases at the moment, but the trade union says one of the biggest issues in dealing with the problem is that there’s no statutory definition of it.This morning, we want to know — is workplace bullying something you’ve ever experienced? last_img read more

"Poll Have you ever experienced bullying at work"

Marks and Spencer completes pensioner buyin transactions equating to £14bn

first_imgRetail organisation Marks and Spencer has completed two pensioner buy-in transactions for its defined benefit (DB) pension scheme, totalling approximately £1.4 billion.The buy-in policies have been completed with insurance organisations Phoenix Life and the Pension Insurance Corporation (PIC) as part of the scheme’s long-term de-risking strategy. This approach aims to reduce the risk that Marks and Spencer will be required to contribute additional cash into the DB scheme, which is valued at around £10 billion.The organisation is also striving to secure all DB pension scheme members’ benefits as part of this strategy, as well as minimise the risk to shareholders.Graham Oakley, chair at Marks and Spencer Pension Trust, said: “We’re pleased to announce the purchase of these additional buy-in policies, which provide an important contribution to the trustees’ ongoing objective of reducing the longevity risk in the scheme to increase the security of all members’ pensions. A collaborative approach with the [organisation], together with efficient and effective advice, continues to deliver well-executed and well-priced transactions.”These transactions follow two buy-in policies that were purchased in 2018; around two-thirds of the scheme’s pensioner liabilities are now insured.Marks and Spencer has been working with independent actuarial firm Hymans Robertson to develop its strategy.Richard Wellard, partner at Hymans Robertson, added: “This will undoubtedly be one of many large buy-in transactions to complete this year. Setting a strategy and timing transactions in a way that works for both the [organisation] and the trustee is very important. Shared objectives, a collaborative approach and continual communication are so important in the de-risking of large pension schemes. This is a marathon, not a sprint.”last_img read more

"Marks and Spencer completes pensioner buyin transactions equating to £14bn"

Rubio Murphy rally for votes ahead of election

first_imgWEST MIAMI-DADE, FLA. (WSVN) – Florida’s race for the U.S. Senate heated up, Sunday, as the candidates rallied for support across the state.At an event in West Miami-Dade, Republican incumbent Marco Rubio stressed that every vote counts in this election. “What if this is the election that is decided by 100 votes? What if this is the election that’s decided by 150 votes?” he asked. “I don’t think anybody watching or anyone here wants to be one of those 150 people that say, ‘I didn’t vote because I didn’t think it was going to make a difference.”Meanwhile, Rubio’s Democratic opponent, U.S. Rep. Patrick Murphy, spoke with supporters before introducing President Barack Obama at a rally in Kissimmee.U.S. Rep. Patrick Murphy, D-Fla.Murphy tied his opponent to Republican presidential candidate Donald Trump. “Marco Rubio keeps claiming that he’ll stand up to Donald Trump. Really?” he said. “If you can’t stand up to Donald Trump as a candidate, how are you going to stand up to him as a president?”Election Day is on Tuesday.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

"Rubio Murphy rally for votes ahead of election"

Airtel internet connections down across country as Cyclone Vardah hits undersea cable

first_imgCyclone Vardah has already caused a great deal of desctruction across Tamil Nadu, but now it is causing more problems in its aftermath. Users of internet services from Airtel, whether broadband or mobile, from across the country are apparently unable to connect to the Internet because the cyclone has managed to snag one of the company’s undersea lines.Airtel, which has been basking in the success of its newly-launched payments bank, sent out messages to some of its customers in this regard. One customer of Airtel Broadband said he received the following message from the Internet Service Provider (ISP): “Dear customer, the cyclone in Chennai has impacted one of our undersea network cables which may affect internet speeds of your Airtel Broadband connection. We deeply regret the inconvenience. Our engineers are working to resolve the issue and services will be normalised shortly.”The problem for mobile users seems limited to WhatsApp for the moment, with people taking to social media platforms like Facebook to let their problems known. Apparently, they are receiving WhatsApp messages, but not all of them in their entirety – images or videos or other attachments are going missing. And they are now unable to send WhatsApp messages or replies.An Airtel spokesperson was quoted by PTI as saying: “Customers in some locations may be experiencing slow internet/data speeds. Our teams are working to normalise the operations at the earliest possible, and making alternate arrangements to divert international internet traffic.”Cyclone Vardah, it may be noted, had made landfall on Monday afternoon in Tamil Nadu. Since then, it has caused the death of at least 18 people, and uprooted thousands of trees and electricity poles. It has also destroyed dozens of huts. The National Disaster Management Authority is currently monitoring the situation in Tamil Nadu and Andhra Pradesh – the two states hit worst by the storm.last_img read more

"Airtel internet connections down across country as Cyclone Vardah hits undersea cable"

This 86yearold has become a billionaire on new iPhone rumours

first_imgTaiwan Semiconductor Manufacturing Corporation (TSMC) Chairman Morris Chang answers a question during an investor conference in Taipei in this 2014 file photo. REUTERS/Pichi ChuangMorris Chang is no ordinary 86-year-old running into easy money – not when he helps Apple make its bestselling product, the iPhone. Expected demand for Apple’s next iPhone iteration has now pushed Chang into the billionaire league. The MIT and Stanford University graduate had established the Taiwan Semiconductor Manufacturing Corporation (TSMC) in 1987 when he was in his mid-50s.The self-effacing Texas Instruments alumnus was true to his low-key style when he quietly went about evolving TSMC into the world’s largest contract chipmaker and taking on the manufacture of iPhones for Apple.As the iPhone evolved into the megastar on Apple’s assembly line, and brought in 80 percent of its product sales, Chang’s fortunes grew, though he owned a mere 0.5 percent direct shareholding in TSMC.However, TSMC shares have surged 25 percent over the past year, lifting founder and chairman Morris Chang’s personal fortune to $1 billion, according to the Bloomberg Billionaires Index.The climbing valuation for TSMC shares was fuelled by optimism for a revenue boost from the upcoming iPhone release, as well as long-term expectations that cars, high-performance computing and the Internet of Things would emerge as new growth drivers for TSMC’s processor line, Randy Abrams, a Taipei-based equity analyst at Credit Suisse Group AG, told financial daily HT Mint on Friday.TSMC’s market cap has now swelled to $183 billion, making it the most valuable company on Taiwan’s stock exchange. Hon Hai Precision Industry, the listed flagship of iPhone assembler Foxconn Technology Group, is the second most valuable company on the exchange, rising 52 per cent in the past year to $66 billion.Chang remains the largest shareholder of the company he founded with backing from the Taiwan government. His shares in TSMC are vested through the National Development Fund’s 6.4 per cent stake.The technology maven’s leadership acumen held TSMC up during troubled times when orders for chip design from marquee customers stagnated during the mid 2000s. Chang had stepped as chief executive officer of the corporation in 2005, but returned on pressure from shareholders and TSMC’s board who reposed faith in his leadership.Yielding to demands for his return, Chang subsequently served a second stint as CEO between 2009 and 2013, putting TSMC back in the news for the right reasons – higher operating profits, a marquee client roster and a green bottomline.last_img read more

"This 86yearold has become a billionaire on new iPhone rumours"

John Wesley United Methodist Churchs Annual Caring and Sharing Program

first_imgJohn Wesley United Methodist Church is hosting its annual Caring and Sharing Program on Dec. 17 from 8:30 a.m. to 10:30 a.m. For 35 years this project has provided hot meals, coats gloves, hats and toys to needy children through community donations. Call 410-383-1525 to donate or send your donations to 3202 West North Avenue, Baltimore, Md. 21216. The event will be at the church.John Wesley United Methodist Churchlast_img

"John Wesley United Methodist Churchs Annual Caring and Sharing Program"

State of Mexico suspends operations of Boeing 737 Max

first_imgSeveral airlines and aeronautical authorities around the world have also expressed their position to no longer allow the Boeing Max 737 to land at their airports. In a press release by la Secretaría de Comunicaciones y Transportes, la Dirección General de Aeronáutica Civil has announced the state’s decision to suspend all national and international operations of the Boeing 737 Max 8 and 9 aircraft until further notice. Mexico City, Mexico — After the recent Boeing 737 Max plane crash in Ethiopia, the General Directorate of Civil Aviation says that the state of Mexico has joined the list, suspending operations of the aircraft until further notice. One of the deceased in the plane that crashed in Ethopia was a Mexican woman. The government of Mexico reported that Graziella de Louis Ponce, who also died in the crash, was a translator for the United Nations. She was from the state of Yucatan. Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on WhatsApp (Opens in new window)center_img La Secretaría de Comunicaciones y Transportes reports that the Mexican Aeronautical Authority will be attentive to follow up on the technical provisions issued by the manufacturer and Federal Aviation Administration (FAA). The decision was made based on information from international aeronautical authorities from which the Mexican Aeronautical Authority considers it necessary to apply actions that guarantee the safety and confidence of users in the state’s airspace.last_img read more

"State of Mexico suspends operations of Boeing 737 Max"

Overheard at Envision 2014

first_imgThousands of worldly travelersseeking transformation descended on the tiny Pacific coast town of Uvita, Costa Rica, last week to attend the fourth annual Envision Festival. They spent four days listening to live, pulsating music, dancing with abandon and making creative connections in a lush jungle setting on the shore. In keeping with tradition, we present you with some of the things we overheard at Envision:“I have blue hair. I thought I would stand out, but I guess not.”“I feel like we all come from the trees. You see, you have to be rooted into the ground, but also reach to the sky. The branches go to the sky and the rest comes from the ground and the energy meets in the middle and explodes in love. We are all love. When we are babies we are pure love. We have to breathe deep and pull our shoulders back and feel the love.”“A scorpion fell from the tree on to her shoulder. I need to learn Spanish cuss words.”“More glitter!”A man trying on a pair of shorts with fuzzy blue fur trim and tail: “I feel empowered in these.” During the opening ceremony: “Open your eyes, let the magic in.”A performer to a DJ: “Make the pretty people dance.”“I can hear words coming out of your mouth, but I don’t think you are making sentences.”“I can feel my chakras aligning.”An early arrival steps off the shuttle and points to a group of people in the middle of a field: “Awwwww, they are already having a sharing circle.”Overheard several times from people who had just run into a friend or found a place to sleep: “Yes, we manifested this.”Woman: “You still have glitter on you.” Man: “Maybe it’s my natural sparkle.”Pointing to a painting: “See that square right there? That represents Sally from ‘The Nightmare Before Christmas.’”“I lost my hat! My chi is escaping through my head.”“I just can’t get my mind off of snow leopards. I think about them all day. I dream about them.”“I can skip faster than I can run.”“What exactly is a Portishead?”“There is no time to sleep. We are carefully planning nap schedules.”“What would we do without bamboo?”Woman to a group in line for the shuttle: “I’m bummed because I lost my dress at the waterfall today. I hope I can find my boyfriend.” Someone in the crowd: “Wait, is your boyfriend missing, too?” Woman: “Yes, but I only want to find him because he might have the dress.”“You can follow your heart. Don’t worry, the universe will catch you.”Riding the cattle truck from the box office to the festival grounds: “Mooooooo.”The Polish Ambassador (musician): “So much delicious fruit will yield from this gathering. Ideas shared, experiences gained, movements started.”Two topless girls with neon feather skirts are on side of the highway in Uvita, drinking 40-ounce Imperials, hitching thumbs out: “Now THAT is how you get picked up.” ……Lindsay Fendt contributed to this report.  Facebook Comments Related posts:Maori tribesman, sprinting set designer and woman from everywhere and nowhere help prepare for Envision Festival 28 photos from Costa Rica’s Envision Festival Retransformed: A sophomore experience at the Envision Festival 6 things you need to know about Envision Festival 2015last_img read more

"Overheard at Envision 2014"