Category: nchexvsk

  • Penneys 3Q loss widens but department store chain sees progress

    NEW YORK, N.Y. – Even though J.C. Penney’s latest results show the beleaguered retailer is hardly out of the woods, investors still see reasons to cheer.The department store chain’s shares rose 6 per cent on Wednesday after it reported its seventh straight quarter of big losses that together total more than $2.4 billion. So why are investors celebrating?The company began its big downward spiral during an ill-fated transformation strategy under former CEO Ron Johnson, who was fired in April after 17 months on the job. Now, experts say investors are encouraged that Mike Ullman, who took the top job after having led the retailer for seven years before, is beginning to stabilize the business.“Business is getting better,” said Ken Perkins, president of RetailMetrics LLC, a research firm. Still he added Penney “can’t continue to lose money quarter to quarter and remain a going concern.”Penney lost $489 million, or $1.94 per share, in the three months that ended on Nov. 2. That compares with a loss of $123 million, or 56 cents per share, a year earlier.The company’s adjusted loss was $1.81 per share. And revenue fell 5.1 per cent to $2.78 billion. That compares with the loss of $1.74 per share on revenue of $2.79 billion that analysts were expecting.Revenue at stores open at least a year, an indicator of a retailer’s health, fell 4.8 per cent for the quarter compared with a year ago.But investors seemed to focus on hopeful words from the company.Penney said profit margins were hurt because it had to heavily discount mounds of merchandise that was purchased under the company’s former management. But it also said sales and margins have been improving in the latest quarter and that it saw encouraging signs in early November. And the chain said the third quarter ended with its first monthly gain in revenue at stores opened at least a year since December 2011.Shares rose 56 cents to $9.27 in afternoon trading.Shares have been volatile as investors have been reacting to every bit of news, both good and bad. The stock has been hovering around $9, down 54 per cent this year. Shares have lost 79 per cent of their value since February of 2012, when investor enthusiasm was high on Johnson’s transformation planUnder Ullman, Penney has been bringing back more frequent sales and basic merchandise that were eliminated by Johnson in a bid to woo more affluent, younger shoppers. The company is also stepping up its discounting during the holiday shopping season, which officially starts next week.But the question is whether the improvement in sales can be sustained.The chain, based in Plano, Texas, faces an uphill battle. In fact, Ullman noted during a conference call for investors on Wednesday that it’s still a challenge to attract once loyal shoppers who have defected to other rivals. Ullman also said that the fourth quarter was off to an “encouraging start,” but noted that a turnaround will take time.“We know what the problems are. We know how to fix them but it’s going to take time,” he said.__________Follow Anne D’Innocenzio at www.Twitter.com/adinnocenzio by Anne D’Innocenzio, The Associated Press Posted Nov 20, 2013 5:56 am MDT Penney’s 3Q loss widens, but department store chain sees progress AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

  • Board ruling looms for expanded Trans Mountain pipeline as Ottawa appoints panel

    Board ruling looms for expanded Trans Mountain pipeline as Ottawa appoints panel VANCOUVER – As a key decision looms this week on a project that will have an impact on the future of Canada’s oil economy, the federal government announced details Tuesday of an additional review on the Trans Mountain pipeline.The National Energy Board is set to announce by Friday whether it supports Kinder Morgan’s proposal to triple the capacity of the pipeline, which carries diluted bitumen from the oilsands near Edmonton to Burnaby, B.C., for export.The federal government, meanwhile, announced the appointment of a three-member panel to conduct an environmental review of the project. It will provide a report to Natural Resources Minister Jim Carr in November.Carr said the panel cannot override the energy board’s decision.“That’s not the purpose of it,” he told reporters outside the House of Commons in Ottawa.“They are to review the situation, to add further consultation — particularly with indigenous communities — to see what the NEB might have missed.”Carr said the government will make a final decision on the project before Christmas.The company’s plan would add about 980 kilometres of new pipeline and reactivate about 190 kilometres of existing pipeline. The Westridge Marine Terminal beside Burrard Inlet off Burnaby would also be expanded.A recommendation in favour of the project from the energy board would clear a significant technical hurdle it faces before a final decision is made.One analyst said regardless of the board decision, oil will still have to get to market, likely transported by rail.“We all know Canada has struggled with the whole pipeline approval process,” said Afolabi Ogunnaike, with global energy consultants Wood Mackenzie.“If the pipeline is not approved, then the oil still needs to go forward.”Environmentalists have demonstrated against the Trans Mountain project, including more than 100 people who were arrested and charged with civil contempt in the fall of 2014. Most of the charges were later dropped.Energy board spokeswoman Tara O’Donovan said its review has been based on facts and science, fulfilling a legal mandate to decide whether Kinder Morgan’s application submitted in December 2013 is in the public interest.Conditions attached to the board’s recommendation could range from addressing the timing of construction to requiring the submission of emergency management plans.The three members of the environmental panel appointed Tuesday are Kim Baird, a former chief of the Tsawwassen First Nation, Annette Trimbee, president of the University of Winnipeg, and Tony Penikett, who was premier of Yukon for two terms.In addition to consulting indigenous groups, the panel will also review online feedback on the project. And it will look at upstream greenhouse gas emissions that are linked to the pipeline.Carr said the government wants to restore public confidence in the process with the panel’s appointment.“We haven’t had all kinds of confidence in regulatory processes in Canada on major energy projects so we want to ensure that Canadians who want to have their say, will have.”Conservatives insist Liberal delays are killing oil and gas investment and harming the Canadian economy. New Democrats are equally certain the Liberals are simply dressing up a fatally flawed environmental assessment process in order to approve the project.Rona Ambrose, the Conservative interim leader, said in question period that the energy board assessment involved more than 1,600 participants, including 35 indigenous groups.“When will the prime minister stop reviewing his reviews and make a decision?” Ambrose said to roars of approval from the Conservative benches.New Democrat Kennedy Stewart, the MP for Burnaby South, which is ground-zero for Trans Mountain protests, said the Liberals are breaking an election promise to “redo the Kinder Morgan pipeline review.”He called the panel review “little more than a smokescreen.”Prime Minister Justin Trudeau told the Commons that the Conservative attacks show why the former Harper government failed to get a major new oil pipeline to tidewater during its decade in office.“Yet again, the members opposite are demonstrating that they did not understand why, for 10 years, they were unable to get anything done,” said Trudeau.— With files from Bruce Cheadle in Ottawa, follow @TamsynBurgmann on Twitter by Tamsyn Burgmann, The Canadian Press Posted May 17, 2016 2:00 am MDT Last Updated May 17, 2016 at 5:06 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

  • Toronto stock market falls sharply with energy companies leading decline

    Toronto stock market falls sharply, with energy companies leading decline by Alexandra Posadzki, The Canadian Press Posted Jun 10, 2016 9:37 am MDT Last Updated Jun 10, 2016 at 3:44 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – The Toronto Stock Exchange saw a triple-digit loss on its last trading day of the week in a broad decline led by energy companies as the benchmark price for crude slipped.The S&P/TSX composite index was down 202.48 points Friday at 14,037.54, led by the energy sector, which was down 3.8 per cent.Among the major oil and gas companies, Calgary-based Encana (TSX:ECA) lost 77 cents, or nearly seven per cent, to close at $10.27.The metals and mining sector of the TSX slipped 3.29 per cent and base metals stocks declined 3.02 per cent.The Canadian dollar lost 0.27 of a U.S. cent to 78.39 cents US. That’s despite the fact that Statistics Canada reported that the economy gained 13,800 jobs in May, pushing the job less rate down to 6.9 per cent, its lowest level since last July.“An important caveat to the report is that the government had difficulty surveying the Fort McMurray area, so the report probably overstates the strength of employment conditions,” said Todd Mattina, chief economist at Mackenzie Investments.“The Canadian dollar initially reacted very sharply to the surprisingly strong employment report, only to give back those gains later through the trading day.”In New York, markets were also down as uncertainty around global economic risks weighed on investors’ minds.The Dow Jones industrial average was down 119.85 points at 17,865.34, the broader S&P 500 composite index slid 19.41 points to 2,096.07 and the Nasdaq composite fell 64.07 points to 4,894.55.Mattina said some of the key risks that have traders worried include the upcoming referendum on June 23 that will determine whether Britain will exit the European Union, as well as uncertainty relating to June meetings of the U.S. Federal Reserve and the Bank of Japan.“Increasingly we’re seeing investors moving into safe haven assets, especially high-quality government bonds,” Mattina said.“Global bond yields are plumbing near historic lows, and global stocks at the same time are running into resistance and reaching record-high levels.”In commodities, the July crude contract was down $1.49 at US$49.07 per barrel after cresting above the US$50 a barrel mark earlier this week for the first time since last July.The rise in crude prices has lifted sentiment among traders to some extent, but concerns persist that the glut of supply could continue to weigh on prices over the long term.July natural gas was down six cents at US$2.56 per mmBTU, the August gold contract rose $3.20 to US$1,275.90 an ounce and July copper contracts were little changed at US$2.03 a pound.Follow @alexposadzki on Twitter. read more

  • Irish embassies cost €43 million to run last year

    first_imgLarger versionOverall, the figures showed that spending was down by €1 millionThe figures were revealed before the Dáil break by Foreign Affairs Minister Charlie Flanagan who said:Ireland’s missions abroad perform a wide range of functions in pursuit of Ireland’s foreign policy interests. These include representing and advancing government policies with other States and in international organisations, in particular the EU and the UN.ExpenditureFlanagan pointed out that staffing and capital expenditure were not counted as they are taken from his department’s budget.In a further answer, Flanagan revealed that €1.5 million was spent on premises, ICT and vehicles.Larger versionFlanagan says that that figure includes purchasing of fixtures and fittings, repairs, IT and “absolutely necessary” vehicle purchase.Read: The family of a previously unidentified injured Irishman in Bali have been contactedRead: Ireland is reopening its Vatican Embassy, here’s the new Ambassador… BRUSSELS, LONDON, TOKYO, New York and Paris top the list of Ireland’s most expensive embassies in 2013.In total, Ireland spent €43 million on embassies, with a further €7 million spent on missions in Africa and Vietnam.The two Irish missions in Brussels are the most expensive, with the Permanent Representative to the EU costing €3.4 million and the embassy there costing €600,000. In New York, the Permanent Mission to the EU and the Consulate General cost around €3.5 million combined. London costs €2.7 million and Paris €1.6 million.A drop of €400,000 in expenditure sees Tokyo costing €1.5 million.Larger versionlast_img read more

  • EA closes down Spellforce developer Phenomic

    first_imgEA Phenomic has closed its doors with little detail as to why coming from parent company EA. All they have said is the closure of the studio is part of a wider internal adjustment, with Phenomic employing anywhere up to 60 employees that now need to find new employment.For real-time strategy fans it is a blow. The company was originally founded in 1997 in Ingelheim, Germany as Phenomic Game Development. They went on to develop Spellforce: The Order of Dawn along with two expansion packs before being acquired by EA in 2006. Since then the renamed EA Phenomic has produced Spellforce 2: Shadow Wars and its expansions, BattleForge, Lord of Ultima, and the free-to-play Command & Conquer: Tiberium Alliances. No other projects had been announced by the studio since that game shipped in 2012, with the last bit of news being posted on their site actually announcing they were hiring people.What will happen to the Spellforce IP is also unclear, but EA has stated it isn’t going to stop producing RTS and RPG titles, so there’s a chance another studio will eventually get to develop a new title in the series. The original founder of Phenomic, Volker Wertich, remained with the company when it was acquired by EA and is also the designer responsible for The Settlers. He is still listed as creative director at EA, but again, we don’t know yet if he remains an employee at EA following thise closure.With the experience that existed within Phenomic it shouldn’t take long for those who have been there a while to find new employment. I’d also like EA to explain why it couldn’t find another project for the studio to focus on. They had RTS, RPG, and free-to-play game creation experience. Why did this small studio need to disappear?last_img read more

  • Jamaicas Health Ministry to increase complement of Psychiatric Nursing

    first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#Jamaica, October 30, 2017 – Montego Bay – Minister of Health, Dr. the Hon. Christopher Tufton, says the Ministry will be increasing the complement of psychiatric nursing aides in order to strengthen community mental health services.Speaking at the Psychiatric Nursing Aides Conference at the Iberostar Hotel in Montego Bay on October 26, Dr. Tufton said the recommendation that was made by the recently appointed Task Force on Mental Health and Homelessness solidifies the Ministry’s commitment to ensuring the well-being of the island’s psychiatric nursing aides.“The history of psychiatric nursing aides in Jamaica starts in 1972, with only 22 trainees.   However, because of the growing need for mental health care, it was required to expand the care team to not only psychiatrists and registered nurses, but also to psychiatric nursing aides.   Today, the total number has increased to over 400,” he said.Dr. Tufton said that in 2015, the Ministry of Health trained 72 psychiatric nursing aides and is committed to continuing the support, adding that one significant recommendation of the Task Force is that there should be an increase in the number of psychiatric nursing aides.The Minister pointed out that despite the valiant efforts of psychiatric nursing aides and their colleagues to reduce the stigma against mentally ill people, there is still a need for more personnel to be recruited to further reduce the residual poor treatment often meted out to the mentally ill across the island, many of whom suffer in silence.“It is estimated that some 70 per cent or more persons with mental illness will not disclose this information for fear of discrimination, especially at work.   This, undoubtedly, fuels the existing gap between illness and treatment and increases morbidity while decreasing productivity,” the Minister said.Dr. Tufton noted that depression and anxiety disorders are among the most common mental health challenges in the workplace, but they are often undiagnosed and untreated and can result in absenteeism and decreased productivity.  He said that a draft workplace mental health policy has been developed by the Ministry of Health, but while legislation, policies and guidelines are important, there are other things which need to be done to accomplish the necessary changes.Psychiatric nursing aides are involved in the promotion, treatment and rehabilitation of psychiatric patients in clinics, homes and community facilities.   They offer care to the mentally challenged, and, over the last few years, have assisted in the treatment and care of more than 100,000 patients.Release: JIS Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:last_img read more

  • ASAs WISHH Conducts Trade Servicing Activities in Myanmar

    first_img(L-R) Dr. Riaz, Mr. Sein Thaung Oo of FOSTA and Matt Danuser discuss soybean processing and products.Last week ASA’s WISHH Asian Division Director Alan F. Poock, travelled to Myanmar for trade servicing activities.  Joining Poock were Dr. Mian Riaz, an oilseed processing technical consultant and Matt Danuser, a North Dakota Soybean Council (NDSC) board member.During the trip, seminars were held with the Myanmar Edible Oil Dealer’s Association (MEODA) and Food Science and Technology Association (FOSTA) on new processing technologies and the multiple uses of extruders.Meetings were also held with the June 2015 trade team participants.  Many of these companies have received soy product samples for testing or quotes for extruders since the trip.Funding for the Myanmar activities is provided by the USDA’s Emerging Markets Program (EMP).  Danuser’s trip was made possible through NDSC.last_img read more

  • Report Highlights Huge Cash Flow Problem at Nomes Utility

    first_imgPhoto: Matthew F. Smith, KNOM.Nome Joint Utility is working on a broken budget—a financial plan that is unbalanced and unrealistic. That’s the takeaway from the Rural Utility Business Advisor report, or RUBA—delivered to the Nome City Council and utility board this week.The RUBA highlights some good parts of the utility’s operations—noting its accounting is sound and has a well-organized management system. But the report paints a troubling financial picture for the finances at NJUS—which have been in turmoil since November, when the utility first took on a $2.2 million line of credit from the city. But while that money went to pay off loans guaranteed by grants, the RUBA found unpaid debts to vendors and creditors that presents and even bigger financial hole.“Doesn’t look like there’s enough cash to be covering things right now, from what I can see. If you have $3.5 million in accounts payable out there, you don’t have enough money coming in to pay, you’re just trying to pay the one that screams the loudest, that’s what seems to be going on,” said Fred Broerman, who works for the state’s Division of Community Regional Affairs and wrote the RUBA report.As recently as March 10, he says that $3.5 million was still owed on debts dating back as far as 2012—with many charging interest. But Broerman says the RUBA review didn’t find any mention of that debt on the utility’s monthly budget.“We were looking for, you know, the transparency that all the finances are on the table. And that $3.5 million in accounts payable didn’t show up,” said Broerman. “And that’s significant enough to say, hey, the utility board needs to know that and the council needs to know that.”The RUBA audit also found the utility’s revenue and its expenses are dangerously unbalanced. The money it takes in fails to cover its operating cost, let alone plan for repairs or replacements down the road—and it found the utility board reviewed those finances just once in the last half of 2014. That led to budgets that were unrealistic and projects with funding that was poorly tracked. Council member Jerald Brown asked Broerman for the bottom line.“In your opinion, is the sky falling? I mean, is there a really big problem here?” saked Brown.“Well, you’ve got a cash flow problem,” said Broerman. “You know, that accounts payable, that big…that’s a huge problem.”Utility manager John Handeland took the podium to say that $3.5 million has been chipped away to a number now closer to $2.7 million. And Handeland says new loans are coming from the state Department of Environmental Conservation that would cover the rest.“That loan comes it, it wipes out accounts payable,” said/asked? Brown.“It pretty much wipes out accounts payable,” said Handeland.Beyond finances, the RUBA report noted other areas of concern for the utility—mostly focused on personnel and staffing—but the warning bell on finances rang clear. Council member Brown says when it comes to righting the ship, every option is on the table—but the first step will be looking at a long-overdue rate increase.“One of the things that is currently being considered and being discussed is the rate increase. That will address a lot of the operational accounting needs, or finance needs, going forward, is to put into place a rate structure that is sustainable,” said Brown.And though she delivered her comments at the start of the meeting, City Manager Josie Bahnke told the council she and utility manager Handeland have been working to address the financial shortcomings at NJUS since a draft of the RUBA was released in February—and she says they’ve made some progress.“You know, a lot of work has been done to address some of these issues. I think when this line of credit was approved, a lot of people jumped to conclusions about a lot of things that were going on. But this report, this evening, being presented, it’s in an effort to maintain public trust, and to provide for transparency at the utility. And that’s been our goal,” said Bahnke.Wednesday’s meeting ended with an executive session closed to the public—where the council and the utility board met with representatives from Nome’s Wells Fargo branch to discuss a multi-million dollar fuel loan for 2015.last_img read more

  • Six drug peddlers arrested in Jammu and Kashmir narcotics

    first_imgJammu: Six alleged drug peddlers were arrested with over 53 kg of narcotics in Jammu and Poonch district of the state, police said on Wednesday. During routine checking at Surankote in Poonch on Tuesday, three Punjab-bound vehicles were intercepted and 53 kg of poppy was recovered from them, they said. The drivers– Surinder Pal, Mohmmad Zahid and Mohmmad Alyas were arrested and booked, they added. Also Read – National Herald case: Officer bearers of Congress were cheats, Subramanian Swamy tells court Advertise With Us In a separate incident in Jammu’s Gandhinagar, 160 grams of cannabis was recovered from a vehicle and its occupants, Mohmmad Yasin Mir and Bashir Sheikh were arrested, they said. In another case, one Sanjeet Kumar was arrested after six dgrams of heroin was recovered from him in Preet nagar area of Jammu city, police said.last_img read more

  • Kerala still searching for missing residents

    first_imgMalappuram: A week later, the misery at Kavalapara – about 50 kms from here – continues as men and machines work overtime to recover 26 bodies lying deep in the huge pile of mud which till last Thursday was a hillock. In one of the worst ever landslides that hit the village, an area of more than 75 acres, which was full of rubber trees of multiple homesteads, is now nothing but a muddy place. Also Read – Financial emergency: Cong blames BJP for economic slowdown in country Advertise With Us With the place being reduced to mud, 45 houses were swept away by the flowing waters which also deposited almost 50 feet of mud that buried 59 people alive. With abatement of rains, sun brought some respite to flood-hit Kerala on Thursday as water receded in many low-lying areas and the state began to return to normalcy, even as toll in the second spell of the south-west monsoon rose to 104 with 36 missing. There was no ‘red alert’ warning in any of the 14 districts of the southern state as the intensity of rains decreased. An ‘orange alert’ (isolated heavy to very heavy rainfall) was sounded in northern districts of Kannur and Kasaragod on Thursday.last_img read more

  • Mortal Kombat 11 Kharacter Guide Jade

    first_imgWho Are They?Jade comes from an esteemed Edenian family, and after the realm was conquered by Outworld she became a warrior-servant for Shao Kahn, creating a bond with his “adopted” daughter princess Kitana. In Mortal Kombat 11 it’s revealed that her past, non-revenant self was also in a romantic relationship with Kotal Kahn, the current ruler of Outworld. Their drama drives a lot of the plot in the Outworld-centric parts of the story mode.Kombat KhronologyLike so many Mortal Kombat characters, Jade began a palette swap for an existing character. She first appeared in Mortal Kombat 2 as a secret green Kitana. In Ultimate Mortal Kombat 3 she became playable and gained some differentiating traits like razor boomerang projectiles and a long staff to bash foes from a distance. Later games also play up her sassy personality.Koolest KustomizationsI’m still grinding away to get a nice human version of Jade, but right now I’m stuck with her zombie form. And giving her anything other than a green outfit seems wrong. Her quick projectiles are plenty versatile. But using her pole is way more fun and different, so I lean more toward those moves. My Jade can drag her pole along the ground so create a low sparking fireball. She can pole vault across the stage through the air and kick on the way down. And she can just kind of rapidly poke a lot in front of her to keep people away.How Gross Is The Fatality?The bulk of Jade’s fatality is plenty brutal as she extends her pole into the back of your head and out through your eye socket while cutting you in half through the stomach. But it becomes so darkly funny when she just gives your upper body a little push and it slides down the pole in a slow little gross, greasy, pathetic, hilarious swirl. Mortal Kombat 11 is available now for PlayStation 4, Xbox One, PC, and Nintendo Switch. For more, read our spine-ripping impressions of the game as a whole, learn more about Mortal Kombat’s history with the government, and check out our character guide for the much less violent fighting game Super Smash Bros. Ultimate.View as: One Page Slides1/271. Read Our Full Mortal Kombat 11 ReviewRead Johnny Cage’s Guide2. Read Sub-Zero’s Guide3. Read Erron Black’s Guide4. Read Scorpion’s Guide5. Read Liu Kang’s Guide6. Read Raiden Guide7. Read Kitana’s Guide8. Read Kung Lao’s Guide9. Read Cetrion’s Guide10. Read Jade’s Guide11. Read Kotal Kahn’s Guide12. Read Skarlet’s Guide13. Read Noob Saibot’s Guide14. Read Geras’ Guide15. Read Baraka’s Guide16. Read Jax’s Guide17. Read Jacqui Briggs’ Guide18. Read Frost’s Guide19. Read D’Vorah’s Guide20. Read Kabal’s Guide21. Read Kano’s Guide22. Read Cassie Cage’s Guide23. Read Shao Kahn’s Guide24. Read Kollector’s Guide25. Read Sonya Blade’s Guide26. Read Shang Tsung’s Guide27. Read Nightwolf’s Guide There have been eleven main Mortal Kombat games. Can you believe it? The 90s were that long ago. Since then the fighting game has become a gory institution as colorful ninjas and sorcerers and special forces agents collide to rip each others’ guts out in wacky martial arts tournaments.But in the past decade Mortal Kombat has gone from just a recognizable violent fighting game to a really good recognizable violent fighting game. And the recently released Mortal Kombat 11 brings the reboot trilogy home with a story mode stretching across all of history and new ways for customizing characters to your liking, with different skills and gear to make the accessible mechanics even more varied and deep.Expensive cutscenes and ancillary (arguably exploitative) side content aren’t worth anything though if your fighting game doesn’t have a solid roster. Fortunately, Mortal Kombat 11 gives you a diverse cast of kombatants on which to unleash your bloodlust. And we’re taking a look at every single one of them. Today’s fighter: Jade. ‘Mortal Kombat 11’ Kharacter Guide: Nightwolf‘Street Fighter V’ and ‘Mortal Kombat 11’ Get Ne… Stay on targetlast_img read more

  • Asian stock markets mostly higher in quiet trading day

    first_img Comments   Share   Former Arizona Rep. Don Shooter shows health improvement BEIJING (AP) — Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays.KEEPING SCORE: The Shanghai Composite Index surged 1.9 percent to 4,747.37 and Tokyo’s Nikkei 225 was up 0.7 percent at 20,407.02. Sydney’s S&P/ASX 200 advanced 1.1 percent to 5,730.10. Singapore, Manila and New Zealand also rose. Jakarta declined. Hong Kong and Seoul were closed for holidays. New Valley school lets students pick career-path academies Four benefits of having a wireless security system Arizona families, Arizona farms: working to produce high-quality milk U.S. ECONOMY: The Labor Department reported inflation rose 0.1 percent in April, its third straight increase. The numbers suggest that an improving economy could be setting the stage for the Federal Reserve to raise its benchmark short-term interest rate. Also Friday, Federal Reserve Chairwoman Janet Yellen said in a speech that she expected the Fed to begin raising rates later this year if the job market improves. But she cautioned that the economy is still facing challenges, including disappointing wage growth and too many people working part-time.GREECE DEBT: Greece’s ruling Radical Left Coalition rejected a call by party hardliners to skip its next payment to the International Monetary Fund. The ruling party’s central committee also rejected calls to nationalize banks and hold a referendum to allow voters to reject any deal with the European Union and the IMF over debt relief in exchange for fiscal changes. Greece owes 1.6 billion euros ($1.7 billion) in June. It has not received bailout aid since August and the European Central Bank has provided less help lately to Greek banks.WALL STREET: On Friday, major indexes declined as oil drillers and other energy-related companies followed oil prices lower. The S&P fell but closed up for the week. The index has closed at record highs recently, though the gains have been tiny as investors fret over unimpressive earnings and an uncertain global economy. The Standard & Poor’s 500 closed down 4.76 points, or 0.2 percent, to 2,126.06. The Dow Jones industrial average fell 53.72 points, or 0.3 percent, to 18,232.02. The Nasdaq composite edged down 1.43 points to 5,089.36. Markets were due to be closed Monday for the Memorial Day holiday. Sponsored Stories Natural spring cleaning tips and tricks for your home Milstead says best way to stop wrong-way incidents is driving sober Top Stories Ex-FBI agent details raid on Phoenix body donation facility ENERGY: Benchmark U.S. oil rose 14 cents to $59.86 per barrel in electronic trading on the New York Mercantile Exchange. The contract shed $1 on Friday to $59.72. Brent crude used to price international oils fell 5 cents to $65.32 in London after losing $1.27 on Friday.CURRENCIES: The dollar gained to 121.66 yen from Friday’s 121.54 yen. The euro declined to $1.0990 from $1.1013.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

  • Cathay Pacific boosts European connectivity with Iberia codeshare agre

    first_imgCathay Pacific boosts European connectivity with Iberia codeshare agreementCathay Pacific has announced a new codeshare agreement with oneworld partner Iberia, which will see its customers benefit from extensive new connections to destinations in the Iberian Peninsula and the Balearic Islands.The codeshare agreement signed by the two leading oneworld carriers will see Cathay Pacific place its “CX” code on selected services operated by Iberia between Madrid and five popular destinations in Spain: Alicante, Barcelona, Bilbao, Palma and Valencia. The “CX” code will also be placed on Iberia’s scheduled flights between Madrid and Lisbon, Portugal’s capital and largest city.Cathay Pacific currently operates four weekly flights between Hong Kong and Madrid with its Boeing 777-300ER aircraft. The airline will launch a new seasonal summer service to Barcelona with the Airbus A350-900 aircraft from July.Cathay Pacific customers travelling on Iberia codeshare flights from Madrid will enjoy the convenience of checked-through baggage service to their final destination, in addition to being eligible to earn Asia Miles on their trip.Cathay Pacific Chief Customer and Commercial Officer-designate Paul Loo said: “As one of the founding members of the oneworld alliance, we are delighted to work with our oneworld partner, Iberia, to offer our customers with more travel options to and within Spain and Portugal. This new cooperation enables us to strengthen our connectivity in our expanding Europe network as well as grow the oneworld alliance.”Neil Chernoff, Iberia Network and Alliances Director, said: “We are pleased to enhance the cooperation with ouroneworld partner Cathay Pacific and provide additional connectivity with their new flight to Madrid. The codeshare cooperation will provide customers in Spain and Portugal a convenient one-stop option for travelling to Hong Kong. It will also open up additional destinations on the Iberian Peninsula for Cathay’s customers traveling from Asia, promoting both business and tourism opportunities in Spain. Cathay’s customers will enjoy our onboard product and services and the seamless transfer experience we have developed in our Hub at Madrid Barajas Terminal 4.” Cathay PacificSource = Cathay Pacificlast_img read more

  • by David Friend The Canadian Press Posted Feb

    first_img by David Friend, The Canadian Press Posted Feb 3, 2018 7:55 am PDT Last Updated Feb 3, 2018 at 8:40 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Coleman Hell among wave of musicians sharing their own mental health struggles TORONTO – Coleman Hell didn’t think he’d feel so depressed when his career was going so well.After two Juno Award nominations and with his banjo-infused electronic single “2 Heads” in heavy rotation on mainstream radio, it seemed like all of his dreams were coming true.But as the party happened outside, the singer often found himself confined to his bedroom. It was like magnets were pulling him towards his mattress against his will, he said.“It’s this weird middle ground where you want to move but you can’t,” the Thunder Bay, Ont., performer said of the experience, which he was in the throes of about a year ago.“It’s something I’ve felt so many times: lying in my bed and feeling so low I can’t get up. I want to, but I can’t muster the strength.”He describes his innermost experience on “Manic,” a new track he wrote in hopes of laying bare the ugliness of his bipolar disorder.The song is both a confessional and a reconciliation with himself, in which he ultimately faces his imperfections. The 28-year-old musician was diagnosed many years ago, but had neglected coming to terms with its realities, he said.“Manic” isn’t part of a new album launch — or even a song Hell planned to release — but he said the longer it sat with him, the more he felt there could be value in revealing his struggles.“I hadn’t come across a lot of songs that described the experience in any visceral sort of way,” he said.“I thought that might be something of use to someone. I know there’s a lot of songs that are maybe more hopeful, but this is a real depiction of how it feels.”“Manic” arrives as more artists pour their darkest struggles with mental illness into their work.Logic earned heaps of acclaim last year with “1-800-273-8255,” a suicide prevention track that included Grammy-winner Alessia Cara of Brampton, Ont., on vocals. The song was written after the rapper was diagnosed with derealization, a type of anxiety that makes the external world feel unreal.Florida rapper Xxxtantacion’s entire 2017 album, called “17,” leans heavily on the details of his depression, with one song dedicated to the suicide of his friend Jocelyn Flores.Rap and hip hop are among Hell’s favourite genres, he said, and might have subconsciously motivated his latest song. He points to Lil Uzi Vert’s hit “XO Tour Llif3,” which dives into weighty feelings of sadness and isolation while touring, as one source of inspiration.Facing his own realities wasn’t so easy, but at one point last year Hell decided enough was enough. He chose to seek professional help and changed his daily regimen to include more exercise and a better diet.He’s lost about 50 pounds over the past year, he said, which helped lift his spirits.“I started going to therapy and taking procedures towards making (life) more manageable,” Hell said.“I’m working on it, I think I’ve made a lot of progress and I feel a lot better “In preparation for the release of “Manic,” Hell climbed back into his bed for an intimate music video shot on his iPhone.The grainy, single-take clip centres on the singer’s face as he sings about the experience that crippled him for so long. As the song played, Hell said the emotional intensity of the moment pushed him to tears.The song “was transporting me back to … when things weren’t nearly so clear for me,” he said.“It’s definitely an intense thing to watch, but I think it adds to the song and maybe adds to breaking down some sort of stigma as well.”—Follow @dfriend on Twitter.last_img read more

  • Man arrested for arson

    first_imgA man who was wanted for arson which destroyed a car and badly damaged two others was arrested on Wednesday at noon in Limassol.The 30-year-old is suspected of setting his 31-year-old ex-wife’s car on fire in the early morning hours.Police and fire fighters rushed to the scene as soon as they received information about the fire at around 1.25am.Preliminary investigations concluded that the fire broke out in the woman’s car and then spread to two cars parked next to the vehicle.The suspect is expected to appear in court on Thursday to be remanded.While his ex-wife believes he is guilty of the crime, he denies any involvement in the incident.You May LikeDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndoGundry MDHow To Make Your Dark Spots Fade (Effortless 2 Minute Routine)Gundry MDUndoUltimate Pet Nutrition Nutra Thrive SupplementAdd This One Thing To Your Dog’s Food To Help Them Be HealthierUltimate Pet Nutrition Nutra Thrive SupplementUndo Pensioner dies after crash on Paphos-Polis roadUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

  • Former Oncology centre head tipped for health chief role

    first_imgThe former head of the Bank of Cyprus Oncology Centre is tipped to replace the chairman of the board of the state health services organisation (Okypy) Sir David Nicholson who decided to step down after allegations of conflict of interest.The Cyprus Mail understands that Alecos Stamati will be proposed by the health ministry to replace Nicholson. The final decision will be taken by the cabinet.Stamati was the head of the oncology centre for many years and since last January has been the patients’ representative at Okypy’s scientific council.Nicholson resigned over what he said was an orchestrated attack against him by institutions he thought should be supporting such a massive reform and not placing obstacles.Nicholson, who assumed his duties a little over a year ago, in December 2017, had been under fire by opposition parties over an alleged conflict of interest concerning himself and his wife.Auditor-general Odysseas Michaelides had also asked the cabinet earlier in the year to examine a possible conflict of interest citing a legal opinion by the attorney-general.An audit service report showed that Nicholson had not stated all his business affiliations when applying for the position and as required by law.The law states that Okypy members have a conflict of interest if they are linked to “any businesses dealing with health issues”. Okypy members are also required to state the interests of up to fourth-degree relatives.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoYahoo SearchYou’ve Never Seen Luxury Like This On A Cruise Ship. Search Luxury Mediterranean CruisesYahoo SearchUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

  • Office residential rents record doubledigit rise in Q3

    first_imgRent prices rose at an increasing rate in the third quarter of 2017, driven mainly by office space and residential properties, the Cyprus division of the Royal Institute of Chartered Surveyors (RICS) said.Office rents rose 22 per cent year-on-year in July to September last year and a quarterly 5.7 per cent, against an increase in property values of 8.8 per cent and 4.2 per cent respectively, RICS said in an statement. The highest increase in rent prices was in Nicosia where they rose an annual 33 per cent and a quarterly 9.6 per cent. In Limassol, rent prices for offices rose 18 per cent and 5.6 per cent respectively.Rents for apartments and houses rose 12 per cent year-on-year in the third quarter of 2017 and 9.2 per cent on a quarterly basis, RICS said. Compared to the previous quarter, rent prices rose 4.6 per cent and 2.5 per cent respectively.Residential rent prices rose again the most in Limassol, where they increased an annual 36 per cent and a quarterly 12 per cent in the case of flats. In houses, the increase was 27 per cent and 9.1 per cent respectively, according to the RICS data. Larnaca was the only district in which rent prices for both houses and apartments fell in the third quarter compared to the third quarter of 2016 — 2.8 per cent in the case of houses and 0.4 per cent in the case of apartments. Compared to the second quarter, renting a flat became 1.2 per cent less affordable while house rents fell 3.7 per cent.Retail property rents rose a quarterly 1.2 per cent and an annual 6.1 per cent island-wide in July to September of 2017, RICS said. The highest increase was in the Famagusta area, where they went up 11 per cent compared to the third quarter of 2016, and 2.5 per cent compared to the second quarter. While shop rent prices rose in all other districts, in Larnaca, they remained unchanged both on an annual and quarterly basis.Lastly, warehouse rents rose 1.6 per cent year-on-year in the third quarter and 0.9 per cent compared to the second quarter, the institute said. The increase resulted from higher rent prices in mainly Nicosia and followed by Limassol. In Larnaca and Paphos, rent prices remained unchanged.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSmart Tips DailySeniors With No Life Insurance May Get A $250,000 Policy If They Do ThisSmart Tips DailyUndo Pensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’UndoThree arrested in connection with hotel theftsUndoby Taboolaby Taboolalast_img read more

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    An aide to Dutch liberal member Gerben-Jan Gerbrandy says that Macovei applies a "prosecutor mentality, as well as the fastest selling game ever in the series.

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    a first-year law student. but you hear it, but a new rule also helped make her decision. Clooney with banal reportage like this (“Move over, And,M. which describes itself as an Internet real estate investment and brand assistance firm, SnootyThe attack on Amarnath pilgrims "signifies the rise of religious extremism" among militants in Jammu and Kashmir. read more