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Sebi slaps Rs 94 lakh fine on 17 entities for fraudulent trade

first_imgNew Delhi: Capital markets regulator Sebi slapped Rs 94.5 lakh penalty on 17 entities for indulging in fraudulent trade practices in illiquid stock options segment on the BSE. The regulator, during the course of investigation between April 2015 and September 2015, found that 81.38 per cent of all the trades executed in the stock options segment involved reversal of buy and sell positions by the clients and counter-parties in a contract on the same day. Also Read – Thermal coal import may surpass 200 MT this fiscal These entities were among those “whose reversal trades involved squaring off transactions with significant difference in sell value and buy value of the transactions,” Sebi said in similarly worded separate orders on Friday. It further said trades of the entities are non-genuine as they are not executed in normal course of trading, lack basic trading rationale, lead to misleading appearance of trading in terms of generation of artificial volumes, and are hence deceptive & manipulative. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost By indulging in such trades, the entities have violated provisions of the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) norms, Sebi said. Accordingly, a fine of Rs 9 lakh on Makers Casting, and Rs 8 lakh on Ashok Investors Trust has been levied by Sebi. Others have been fined in the range of Rs 5 lakh to Rs 6 lakh. The orders are in accordance with the Securities and Exchange Board of India’s announcement in April 2018 on taking action in a phased manner against 14,720 entities for fraudulent trade in the illiquid stock options segment. In a separate order, the regulator imposed a penalty of Rs 18 lakh on promoters of Man Industries for not making requisite disclosure to the company and exchanges after change in their shareholding in the firm. “Substantial Acquisition of Shares and Takeovers (SAST) Regulations requires every promoter of a target company to disclose details of any invocation or release of encumbrance of shares. Such disclosure of creation, release and invocation of disclosures required under…has to be made within 7 working days from creation, invocation and release of such encumbrance,” Sebi said. However, the entities failed to do so and consequently a fine of Rs 6 lakh on JPA Holdings and Rs 12 lakh on Jagdishchandra Mansukhani has been imposed by the regulator.last_img read more

UN and partners seek emergency funds to aid civilians fleeing Central African

Nearly 200,000 Central Africans, third country nationals and returnees who escaped violence in CAR over the past four months are now struggling to restart their lives in the impoverished countries of Cameroon, Chad, the Democratic Republic of the Congo and the Republic of Congo, according to a news release.The $274 million sought for the CAR Regional Response Plan is needed to cover pressing needs for shelter, food, water and sanitation, health, education and basic needs for those uprooted in the region – estimated to reach 362,200 by the end of this year – as well as for registration and building reception facilities and camps.“All the agencies working in the region are dramatically underfunded,” the UN High Commissioner for Refugees, António Guterres, said in his presentation of the Response Plan to delegates meeting in Geneva. He said the refugee agency (UNHCR) is already spending three times the money that has been received or pledged for this emergency and still far less than the staggering needs of the people. “This cannot be sustained,” Mr. Guterres stressed.In addition to those who have sought refuge in neighbouring countries, more than 600,000 are also internally displaced in CAR and 2.2 million, about half the country’s population, are in need of humanitarian aid as a result of the conflict which began in December 2012 with attacks by mainly Muslim Séléka rebels. Séléka fighters clashed with Christian youth organized under the anti-Balaka movement, which is now targeting Muslim communities in the capital, Bangui, and in the west of the country.Communal violence has had a devastating effect on civilians of both communities, with over 600,000 people still displaced inside CAR. The mainly women and children fleeing atrocities in CAR are arriving in neighbouring countries deeply traumatized, many wounded by machete or gunshot, malnourished and exhausted from weeks of walking and hiding, UNHCR reported. read more

Yemeni peace talks enter new phase as UN envoy announces monthlong pause

“We depart Kuwait today but the Yemen peace talks continue. The structure and mechanism will change during the coming weeks so that we give the parties space to consult with their leaderships,” UN Special Envoy Ismail Ould Cheikh Ahmed said of the talks, which have been hosted by Kuwait for the past three months, between a Yemeni Government delegation and a delegation of the General People’s Congress and Ansar Allah.“We will work with each party separately to crystalize the precise technical details. I once again repeat that a lasting solution is one which is worked upon with care, study and consideration. Every rushed solution comes truncated and incomplete,” he added.As for the current round of talks, he said that the biggest dilemma was the deficit in trust between the parties and in that regard, the focus had been on the necessity of offering concessions and advancing a step towards the other side so that the other side can advance a step in return.“We must continue to urge the parties to initiate a series of confidence-building measures and it is their duty to continue the releases of detainees and refrain from adopting unilateral measures<' he said.Noting the difficult situation in the country, Mr. Ould Cheikh Ahmed raised the alarm regarding the faltering economy, and called on the two sides to unify their efforts to ease the increasing burden of suffering on the Yemeni people. He stressed that the solution for the economic crisis depends on the political solution: “The economic situation has seen a serious decline and the economic indicators are disconcerting if not dangerous. I am sounding a warning for those involved in the internal affairs of Yemen. The alarm is being sounded strongly for the economy and this is a direct result of the war. There will be no economic solution except through a lasting political solution,” he explained.The Special Envoy also expressed his deepest gratitude to Kuwait for hosting and its gracious hospitality. He also lauded the role of the international community in support of the path to peace and praised the cooperation of the delegation of the Government of Yemen and the delegation of Ansar Allah and the General People's Congress. In his closing statement, he cited to the most significant compromises arising from the meetings of the previous weeks, touching on the following points:Renewal of their commitment to the terms and conditions of the Cessation of Hostilities, and to urgently activate the mechanisms for its implementation;Activation of the De-escalation and Coordination Committee in Dhahran al-Janoub and Local Security Committees in order to strengthen respect for the Cessation of Hostilities;Facilitation of the adoption of urgent measures to ensure unhindered access for humanitarian aid and basic goods and to address the economic situation;Facilitation of the urgent release of all political prisoners, and all individuals under house arrest or arbitrarily detained including those mentioned in UN Security Council Resolution 2216 (2015);Abstention from any acts, escalation or decisions likely to undermine the prospects of finalizing these negotiations and reaching an agreement;Conducting a series of consultations between the delegations and their respective leaderships in the coming phase on the ideas, which were discussed during the talks and study them in detail;Continuation of consultations and resumption of direct talks within one month from the submission of this statement at a place to be agreed upon; Reaffirming the continued positive spirit in engaging with any and all matters, which may facilitate reaching a complete, comprehensive and permanent solution to the conflict in Yemen; and To that end, addition to the delegations, to the next round of talks, military experts in order to provide technical support and advice in their area of expertise. Finally, the Special Envoy noted preparations for another round of direct talks at a time and place to be announced. Following nearly 16 months of conflict in Yemen, the cessation of hostilities was declared on 10 April and has since continued to provide relief from violence in many parts of the country. But serious violations have occurred in Marib, al Jawf, Taiz and in the border areas with Saudi Arabia. read more

New compact to improve refugee response a chance to chart a different

“Our mission is more urgent than ever ,” said Filippo Grandi, the UN High Commissioner for Refugees, opening the High Commissioner’s 10th Dialogue on Protection Challenges, which focused on the proposed Global Compact for Refugees.“The exodus from Myanmar into Bangladesh is the most visible, but innocent civilians still flee for their lives in CAR [Central African Republic], the DRC [Democratic Republic of the Congo], Iraq, South Sudan, Syria and elsewhere,” he continued.The meeting, which takes place from 12-13 December, is taking stock of the results of the 2016 New York Declaration – a global deal that committed the UN’s 193 Member States to share responsibility for the world’s refugees and hosting communities, including by drawing up a Comprehensive Refugee Response Framework (CRRF).The High Commissioner noted that throughout the world people are still fleeing their homes – victims of a collective failure by the international community to prevent and resolve conflicts.The global compact should be the instrument to transform […] commitment into action, so that refugees have a fighting chance to rebuild productive and meaningful lives – High Commissioner Filippo Grandi“The global attention on refugees may wax and wane amidst the vagaries of international politics, but the New York Declaration remains as a high-level political commitment to change the way we respond to refugee crises,” he said.“The global compact should be the instrument to transform that commitment into action, so that refugees have a fighting chance to rebuild productive and meaningful lives, and contribute to the communities that host them and to their own futures,” stressed Mr. Grandi.He called for the compact to change how the international community engages with refugee issues, maintaining that “refugees pay the price” of failure, “as do the handful of countries who bear the brunt of hosting refugees without reliable support from others with greater means,” citing closed borders, restricted access and the politicization of refugee movements.“At a time when multilateralism is faltering in other spheres, the global compact on refugees is our chance to chart a different course through practical engagement and cooperation based on humanitarian values,” he underscored.Global compact will build on existing framework for refugee protectionMr. Grandi described the New York Declaration as a milestone, giving refugee situations high political visibility and commitment and an important reaffirmation of fundamental humanitarian values.He praised the 13 countries that have already started the CRRF rollout, and those who have participated in reviewing key lessons learned, along with experiences from other large-scale refugee situations and welcomed the results of recent pledging conferences.Some 500 representatives – including from governments, international organisations, local authorities and civil society – from around the world are expected to attend the talks.The global compact will build on existing international framework for refugee protection, including the 1951 Refugee Convention, and aims to share more equitably the responsibility for hosting the world’s refugees and helping them to rebuild their lives.It will set out concrete steps for governments and others to ensure that refugee-hosting communities get the support they need and that solutions to their plight are sought from the start of a refugee situation.In February, UNHCR will begin with governments and other stakeholders, formal consultations on the compact, which the High Commissioner will propose to the UN General Assembly towards the end of 2018. read more

Open letter to the Mayor of London Ultra Low Emission Zone ULEZ

Dear Mayor,London is Europe’s leading mega city. It has the opportunity to create an effective policy framework to address urban air quality whilst driving continued improvements in carbon emissions, mobility and industrial growth. The introduction of an Ultra Low Emission Zone in London from 2020, if implemented correctly, could set a precedent for other cities, not just in the UK but around the world – many of which face similar air quality challenges. This is why London has to get it right.As an industry, we applaud your vision to make London the capital for low emission vehicle technologies and mobility solutions. The proposed ULEZ will play a key role in driving the market for ultra low and zero emission capable vehicles in London that will deliver on both air quality and industrial ambitions. London has led the introduction and take-up of these new vehicle technologies through discounts to the London Congestion Charge. It also stands out internationally for its introduction of recharging infrastructure, the adoption of hybrid buses and the trialling of new technologies, like hydrogen and biofuels. All of this is delivered through close working with UK vehicle manufacturers and suppliers. As an industry we fully support this and seek a strategic partnership with London to accelerate growth in ultra low emission vehicles.The proposed ULEZ as part of that vision has the support in principle of the vehicle industry. For it to deliver the desired benefits in terms of air quality, carbon reductions and new technology introduction, however, it needs a rethink.SMMT recognises that road transport is a significant contributor to ambient air quality, but it is not the only cause. Any effort to address road transport-derived air quality issues must be part of an integrated approach; all sources of emissions – pollutants and CO2 – must be addressed. Furthermore, congestion must be minimised through effective traffic management to ensure these new vehicle technologies operate at optimum performance within the urban context. This will reduce emissions and deliver fuel efficiency and cost savings for motorists.The proposed Ultra Low Emission Zone can deliver on this integrated approach, if amended to incentivise the very best in new technologies. The ULEZ must be simple, fair and set technology-neutral emissions criteria for petrol and diesel vehicles. Critically, it should require the latest European emission standards (Euro 6/VI) across all vehicle classes regardless of fuel type. This will encourage fleet renewal in the market, incentivise the uptake of the best in clean technology and create economic growth and jobs in London and the UK.Under the current proposal, the ULEZ gives access to 2006-standard Euro 4 for petrol vehicles and the latest Euro 6 for diesel. This is a missed opportunity. Given the introduction date of 2020, this would allow petrol vehicles of up to 14 years of age to enter the zone without penalty. A typical 14 year old Euro 4 petrol car has CO2 emissions some 72% (68g/km) higher than the European new car fleet average of 95g/km CO2 in 2021 and emits at least 29% (36g/km) more CO2 than this year’s Euro 6 petrols. Euro 6 petrol and diesel vehicles are on sale now and mandatory from next year meaning that under SMMT’s proposals, by 2020, qualifying vehicles would be up to six years old and, as such, would be reasonably affordable to Londoners, potentially being on their third owner. Regulators can also be assured that they will be delivering the air quality benefits, as Euro 6 vehicles have engine management systems which constantly monitor and manage emission performance – an advance on earlier models’ technology.As an industry we fully recognise the challenges of climate change and local air pollution. The automotive industry invests billions of pounds in developing new technologies to deliver cleaner, safer and more intelligent vehicles. In the UK alone, the industry invested £1.9bn in R&D in 2013. Much of this investment has gone into developing the next generation of diesel engines to reduce CO2 emissions and improve air quality. With their intelligent engine design and highly efficient exhaust after-treatments, Euro 6 diesel emissions have dropped significantly. Average UK new car CO2 emissions are already down 29%, diesel Nitrogen Oxides (NOx) are down 64%, particulates (PM10) are down 90% and carbon monoxide (CO) levels are down 22% on 2000 levels. Given that all new diesel cars built and sold in the UK will be Euro 6 compliant from next September, NOx emissions will fall a further 56% on current levels to help address London’s air quality issues quickly if we can accelerate their introduction. The ULEZ can help by incentivising this cutting-edge vehicle technology not just for diesel but for petrol vehicles as well. It is also worth noting that changes to vehicle standards will ensure that the improved emission performance required in the test cycle must also be delivered in real world conditions and for ever longer periods of use.The UK’s automotive industry wants to see London leading the way – addressing air quality and climate change, whilst driving innovation, affordable mobility, jobs and growth. Incentivising the latest vehicle technologies and mobility solutions fit for mega cities around the world shows the road ahead. The benefits that new vehicle technologies offer in emissions, climate change and safety must be grasped. This can only be achieved if the proposals for the Ultra Low Emission Zone for London are amended to require the very best in both petrol and diesel vehicles. This will accelerate improvements in air quality for all Londoners, safeguard jobs in the capital and ensure the ULEZ is simple for consumers to understand and endorse.My members and I would appreciate an opportunity to discuss the concerns of the industry with you before a final decision on the ULEZ is made.Yours sincerely,Mike HawesChief ExecutiveThe Society of Motor Manufacturers and TradersClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more

Villanova beat No 14 Florida State for AdvoCare title

LAKE BUENA VISTA, Fla. — Villanova is making a case to get back into the Top 25.Collin Gillespie had 17 points, including two key late free throws, and the Wildcats won the AdvoCare Invitational by beating No. 14 Florida State 66-60 non Saturday.“He loves the competition,” Villanova coach Jay Wright said. “I’m just glad he’s on our side.”Gillespie made it 64-60 by connecting on a pair of free throws with 11.2 seconds to play in what was a tight second half.Eric Paschall had 15 points and Phil Booth chipped in 12 for the defending national champions (5-2). Dhamir Cosby-Roundtree had 11 points and eight rebounds.Villanova went from No. 8 to out of the Top 25 — the first time since December 2013 — in last Monday’s poll after losing to Michigan 73-46 in a rematch of last season’s championship game and losing 76-68 in overtime to Furman.Florida State (5-1) got 11 points from both Mfiondu Kabengele and Trent Forrest.“They did a much better job of playing to their strengths than we did ours,” Florida State coach Leonard Hamilton said. “I thought our guys gave good effort. I think that we’re a team that has a chance to develop into a pretty good basketball team.”The Seminoles’ next game is Wednesday night against No. 24 Purdue.“You only find out some of those areas that you need to work on when you play against great teams, high-calibre teams like we faced today,” Hamilton said.Villanova’s Mikal Bridges, Jalen Brunson, Donte DiVincenzo and Omari Spellman were all taken in the NBA draft after last year’s championship run.“We’ve grown so much,” Wright said. “This whole season we’ve got to have a growth mindset.”Gillespie had nine points to help Villanova take a 26-25 halftime lead. The Wildcats (eight) and Florida State (nine).___OKLAHOMA STATE 90, NO. 19 LSU 77LSU’s stay in the Top 25 appears over.Cameron McGriff had 28 points. Lindy Waters added 16, and Oklahoma State won the third-place game.Skylar Mays scored 20 points for the Tigers, who were coming off a 79-76 overtime loss to No. 14 Florida State on Friday.“Not a lot to say, we got whipped,” LSU coach Will Wade said. “I didn’t have us prepared. We got beat in every facet. It was a rough, rough afternoon for us.”Oklahoma State (4-2) beat Memphis 84-64 and lost to defending national champion Villanova 77-58 earlier in the invitational.“Today wasn’t just about winning third place, that was on the line, but this is a game that I think will have a long lasting effect on our resume for post-season hopes,” Oklahoma State coach Mike Boynton said. “It’s something that we can certainly build on and look to as that something that we can be proud of.”McGriff hit a 3 and Waters made three free throws during a second-half opening 15-2 run that put Oklahoma State ahead 57-39 with 13 minutes to play.LSU missed 12 of its 13 shots during the Cowboys’ surge.“I’m ready to get back to work,” Mays said. “Obviously, the way we performed this week it’s not up to par.”McGriff had 13 points as Oklahoma State grabbed a 42-37 halftime advantage. The Cowboys lead by 13 points 5 1/2 minutes into the game.___CHARLESTON 78, MEMPHIS 75Orlando-area native Grant Riller scored 32 points and added a career-high nine assists, Jarrell Brantley had 19 points, and Charleston won the fifth-place game.Former Orlando Magic star and first-year Memphis coach Penny Hardway saw his team drop two of three at the invitational.“I’m growing as a coach,” Hardaway said. “I want to compete. I don’t want to be a laughingstock and then talk about moral victories. We’re trying to build a culture, and the guys here, we’re all going to have to step up and push toward that culture.”Riller had 33 points, the second-highest total ever at the invitational, in Friday’s 74-51 win over UAB.Tyler Harris had 25 points for Memphis (3-3).Brantley made two free throws as Charleston (5-2) went ahead 76-75 with 31.3 seconds remaining.Riller helped secure the win with a pair of free throws with 15 seconds to play. Jeremiah Martin’s lay up put Memphis up 75-74 with 1:02 left. He finished with 11 points to became the 52nd player in school history to reach 1,000 points.Harris had 16 points as Memphis took a 42-40 lead at the half.Riller and Brevin Galloway scored 15 apiece during the opening 20 minutes.___UAB 68, CANISIUS 58Zack Bryant had 26 points, seven steals and four assists as UAB rallied from an early 15-point deficit to beat Canisius 68-58 in the seventh-place game.Jeremiah Bell scored 15 for UAB (4-2), which had previously lost to No. 14 Florida State and Charleston at the invitational.“We showed a lot of heart and fight, and I think our team really grew up today,” UAB coach Robert Ehsan said. “As a young team facing adversity, to be down a third straight day and not quit shows a huge resilience.”After Canisius got within two late, Bell hit a three and Bryant had a lay up during a 7-0 run that made it 65-56.Takal Molson had 15 points and Scott Hitchon added 13 for Canisius (1-5).Bryant had 14 first-half points as UAB used a 20-5 run to tie it at 31-31 with just under a minute to go in the first half.Canisius led 35-31 at the break.___More AP college basketball: https://apnews.com/Collegebasketball and https://twitter.com/AP_Top25Mark Didtler, The Associated Press read more

Zambia Mines Minister presses ahead with industrydamaging tax changes

first_imgAccording to Reuters, Zambia will raise royalty taxes on open pit and underground mining from today, despite strong resistance from the mining industry fears of up to 12,000 job losses. The decision to increase royalties for open pit mines to 20% from 6% and those for underground mines to 8% from 6% has angered unions and mining companies alike. There had been hopes that the government would change its plans to a softer approach. But, Reuters reports, “Mines Minister Christopher Yaluma said on Tuesday the government would implement the new royalties system as is when it comes into effect on January 1 because it was in the best interest of the country, Africa’s second-largest copper producer.”“It will be negligent of the government to undo what we did. We applied our minds when coming up with the new rates and can’t just change because of an outcry,” Yaluma told Reuters. He added that mining companies should come up with clear models showing how their businesses would be hit by the royalties for the government to consider any revision.The Zambia Chamber of Mines statement of some weeks ago noted that it had “reviewed the 2015 National Budget and its position is that the new mining tax regime is entirely unsustainable. Our sincere appeal to the Government is that, this industry needs to be nurtured so that it continues to generate revenues required to diverse our economy and continue to progress on the path of increasing mining and manufacturing production to sustain and continue to create jobs. The Zambian Mining Industry will continue to be the engine of the Zambian economy for a long time to come. We strongly advise Government to reverse its decision.”Zambia’s Chamber of Mines said this month the new royalties would result in shaft closures and 12,000 jobs losses, and may make a number of other operations economically unviable.“The long-term impacts are projected to affect:•Mine production•Production costs•Jobs (direct, indirect and induced)•Suppliers of goods and services to the mining industry will have no business•Overall reduced revenue collection by ZRA (Zambia Revenue Authority).Barrick Gold has already suspended operations at its Lumwana copper mine, which supports nearly 4,000 direct jobs in the area. Lumwana produced around 118,000 t of copper in 2013. “The introduction of this royalty has left us with no choice but to initiate the process of suspending operations at Lumwana. Despite the progress we have made to reduce costs and improve efficiency at the mine, the economics of an operation such as Lumwana cannot support a 20% gross royalty, particularly in the current copper price environment,” said Co-President Kelvin Dushnisky.“We sincerely regret the impact this will have on our people, as well as the communities and the businesses that depend on Lumwana, and we remain hopeful that the government will consider an alternative solution that will allow the mine to continue operating,” said Co-President Jim Gowans.In the meantime, Barrick will initiate procedures to transition Lumwana to care and maintenance. Major workforce reductions are planned to commence in March, following the legally required notice period. The transition to care and maintenance is expected to be completed in the second quarter of 2015.The 25,000-strong Mine Workers Union of Zambia is deeply concerned about job losses. Its President Chishimba Nkole told Reuters: “There must be flexibility on the part of the government and they must act very swiftly because we don’t want our members to lose their jobs.”First Quantum, which operates Zambia’s largest copper mine, Kansanshi, and a significant number of other operations has said the plan is a “massive disincentive” for investment if it does not come with some form of capital relief.So far there has been no statement from ZCCM-IH. This is a successor company to Zambia Consolidated Copper Mines Ltd (ZCCM) in which the Government of the Republic of Zambia holds 87.6% of the shares with the remaining 12.4% held by private investors. ZCCM-IH holds a JV shareholding in many of the copper operations.last_img read more

Second International Behavioral Addiction Forum held in Yokohama city

first_img Lack of premium mass strategy begs questions of SJM’s Grand Lisboa Palace launch: analysts Load More Huawei Japan joins Kansai Economic Federation with eye on World Expo 2025 and Osaka IR The Second International Behavioral Addiction Forum was held in Yokohama city on Saturday 12 January, aiming to examine the present and future strategy in Japan using the Singaporean IR industry as a model.Gambling addiction and measures to prevent it remain one of the primary obstacles facing the development of Japan’s IR industry with foreign operators and both the central and local governments keen to tackle this delicate issue. The forum was hosted by the National Hospital Organization Kurihama Medical and Addiction Center (Yokosuka, Kanagawa Prefecture) which plays a central role in the government’s gambling addiction prevention strategy.The Osaka IR Promotion Bureau periodically holds a Gambling Addiction Prevention Seminar to promote addiction prevention and raise awareness of the issue.Experts from the Kurihama Medical and Addiction Center have also been invited to a seminar studying addiction and treatment in Osaka this coming Thursday 17 January. Two similar seminars were held last year and this will be its third iteration, with efforts intended to continue into the future.From 16 January, Osaka Prefectural Library will start introducing academic papers and books specializing in casinos and tourism along with entertaining novels all aimed at providing insights into problem gambling treatment and prevention. Genting’s Resorts World Las Vegas names five key additions to executive team RelatedPostslast_img read more

Donaco shareholders vote Joey and Ben Lim off Board of Directors

first_img Donaco ready to reset after horror year sees losses widen in FY19 on Cambodia impairment charge RelatedPosts Ainsworth launches review of product development after Asia-Pacific struggles see FY19 decline Load More Donaco completes board renewal process with appointment Aruze’s Yugo Kinoshita Donaco International founders Joey and Ben Lim have been voted off the board at an Extraordinary General Meeting held in Sydney on Thursday.The EGM was called after a group of shareholders led by Australian entrepreneur James Spenceley – who is also Chairman of Silver Heritage Group – filed a formal request to consider their removal. In an ASX announcement, Donaco revealed that shareholders had overwhelmingly voted in favor of the resolution with 508.9 million votes for and 8.5 million against the removal of Joey Lim, and 507.3 million votes for and 9.4 million against the removal of Ben Lim.The shareholders’ move against the Lim brothers came after the Australian Takeovers Panel was forced to strike down the on-market acquisition of a 9.71% stake in Donaco by Asian investment firm Orchard Capital Partners (OCP) because the company had already seized control over a 27.25% stake previously held by Joey Lim. Lim defaulted on a loan from OCP late last year.Lim was terminated as Donaco’s Managing Director and CEO in March following a leave of absence to deal with “health and personal matters.”last_img read more

Microsofts rumored dualscreen Surface is a reality says report

first_imgMicrosoft’s latest addition to the Surface lineup, the Surface Pro 6, came out in October 2018. Sarah Tew/CNET Microsoft reportedly has a dual-screen Surface prototype up and running. The Windows maker recently demoed a dual-screen Surface internally, according to a report Monday from The Verge. Going by the codename Centaurus, the new device is said to likely use the company’s Windows Lite OS, which is a slimmed-down, dual-screen version of Windows designed to compete against Google’s Chrome OS. First news of Centaurus came in December 2018. It was reportedly set to replace an earlier concept for a foldable dual-screen, pocket-sized device codenamed Andromeda, which was shelved by Microsoft in late 2018. 500x_courierinterface10__074.jpgThe Microsoft Courier tablet concept that was never released.  Gizmodo Back in 2009, Microsoft developed a dual-screen tablet called the Courier that was set to go up against the Apple iPad, but it was canceled and eventually replaced by the Surface. Microsoft didn’t immediately respond to a request for comment. Aug 31 • Best places to sell your used electronics in 2019 Lenovo ThinkPad X1 tablet gives the Microsoft Surface a run for its money 4:54 Tablets Microsoft HoloLens 2: A first dive into the future of… Best Buy 1 See It Preview • Microsoft Surface Pro 6 starts at $899 with 8th-gen Intel CPU, available Oct. 16 Walmart 8 Photos Share your voice Tags See It See it $1,214 Review • Surface Pro 6 review: Racing ahead of last year’s model See Allcenter_img Microsoft Surface Pro 6 reading • Microsoft’s rumored dual-screen Surface is a reality, says report $1,299 Mentioned Above Microsoft Surface Pro 6 – 12.3″ – Core i7 8650U – 8 GB RAM – 256 GB SSD Apple CNET may get a commission from retail offers. Aug 31 • Your phone screen is gross. Here’s how to clean it Now playing: Watch this: $1,209 • Comment Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? See It $1,299 Abt Electronics Aug 31 • iPhone 11, Apple Watch 5 and more: The final rumors Google Microsoft Applelast_img read more

Google says India antitrust ruling could cause irreparable harm document

first_imgGoogle CEO Sundar Pichai spoke about how important women were in the tech industry.Justin Sullivan/Getty ImagesAlphabet Inc’s Google has said an Indian antitrust ruling that found it was guilty of search bias could cause “irreparable” harm and reputational loss to the company, according to a legal document reviewed by Reuters.The Competition Commission of India (CCI) in February fined Google $20 million for abusing its position in online web search and also slammed the company for preventing its partners from using competing search services.After the ruling, Google had said the verdict raised only “narrow concerns”, but in its plea challenging the CCI’s ruling the search giant signalled the impact could be far greater.The order, the company said, “requires Google to change the way it conducts business in India on a lasting basis and the way it designs its search results page in India”, according to a copy of its plea which was seen exclusively by Reuters.The CCI, among other things, had ordered Google to stop imposing restrictions on its direct search agreements with other publishers.Allowing the CCI’s findings to be implemented “without appellate scrutiny would cause Google irreparable reputational loss”, the company said, while seeking a stay on the ruling.A Google spokesman in India declined to comment.Google last month obtained a partial stay on the ruling from India’s company law tribunal, which allowed it to deposit only a small part of the imposed penalty.The Indian antitrust tussle is the latest regulatory setback for Google. Last year, the European Commission slapped a record $2.8 billion fine on the company for demoting rival offerings. Google has appealed against the order.The antitrust battle in India is set to intensify as local matchmaking website Matrimony.com – which first brought the case in 2012 – has also appealed against the CCI ruling as it believes Google has gotten off too lightly.On the issue of search agreements, the CCI in its Feb. 8 order said: “By restricting websites from partnering with competing search services, Google was denying its competitors access to the search business and further marginalizing competitors.”The “volume of business generated through these agreements is substantial” for Google, the order said.In its plea challenging the ruling, Google said the CCI wrongly ruled that such agreements violate Indian competition law.”If Google is restricted from entering into certain types of contracts while the appellate review is conducted, Google will be irreparably harmed,” the company said in the plea, without elaborating.The appeal will next be heard on May 28.last_img read more

Dhaka denounces Houthi missile attacks aimed at Saudi

first_img.Bangladesh has conveyed its deep concern at the recent multiple ballistic missile attacks by the Houthi rebels aimed at Riyadh and other bordering cities of south western parts of Saudi Arabia.The missile attacks were however successfully intercepted by the Saudi Air Defence forces.Bangladesh staunchly opposes such unilateral acts by the Houthi rebels. These are provocative acts and have an adverse impact on regional peace and stability, the foreign ministry said in a statement on Tuesday.These acts also threaten international peace and security in the long run, the statement added.We believe that the brotherly people and government of the Kingdom of Saudi Arabia have the right to defend itself against any security threats,said the foreign ministry.We stand by the people and government of Saudi Arabia in their effort to counter such aggressive acts that threatens regional peace and stability, it added.last_img read more

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first_imgNews | February 03, 2009 ASRT Opens its Polls – Encouraging More Voters to Participate Video Player is loading.Mahadevappa Mahesh discusses trends in medical physics at the 2019 AAPM meetingPlay VideoPlayMuteCurrent Time 0:00/Duration 4:01Loaded: 4.04%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -4:01 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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Related Content News | CT Angiography (CTA) | August 06, 2019 Artificial Intelligence Improves Heart Attack Risk Assessment When used with a common heart scan, machine learning, a type of artificial intelligence (AI), does better than… read more Videos | CT Angiography (CTA) | August 07, 2019 VIDEO: Walk Around of a Siemens Go.Top Dedicated Cardiac Scanner This is a quick walk around of the new Siemens Somatom Go.top cardiovascular edition compact computed tomography (CT) read more The CT scanner might not come with protocols that are adequate for each hospital situation, so at Phoenix Children’s Hospital they designed their own protocols, said Dianna Bardo, M.D., director of body MR and co-director of the 3D Innovation Lab at Phoenix Children’s. Video Player is loading.Arthur Agatston explains the history of CT calcium scoring Play VideoPlayMuteCurrent Time 0:00/Duration 9:54Loaded: 1.67%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -9:54 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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News | Artificial Intelligence | August 05, 2019 Montefiore Nyack Hospital Uses Aidoc AI to Spot Urgent Conditions Faster Montefiore Nyack Hospital, an acute care hospital in Rockland County, N.Y., announced it is utilizing artificial… read more Videos | Computed Tomography (CT) | July 30, 2019 VIDEO: New Advances in CT Imaging Technology Cynthia McColl… read more February 3, 2009 – The American Society of Radiologic Technologists (ASRT) announced that the 2009 ASRT election polls are now open, and all members who joined on or before Dec. 30, 2008 are eligible to vote.“Voting for the officers and delegates that will shape the future of ASRT, as well as the radiologic sciences, is an important right and privilege for ASRT members,” said ASRT President Linda K. Holden, M.S., R.T.(R)(QM), RDMS, FASRT. “Unfortunately only about 2 percent of ASRT members vote each year. Members should realize that the election is not just about electing new Board officers and delegates. It’s about voting for candidates that will make decisions that not only affect ASRT, but may ultimately affect each member’s job. That means each member should be voting. It’s about their future as well.”Those eligible to vote can vote online by visiting ASRT’s Web site at www.asrt.org/vote. For more information: www.asrt.org FacebookTwitterLinkedInPrint分享 Siemens Go.Top CT scanner at SCCT19Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 1:05Loaded: 15.14%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:05 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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Video Player is loading.Mark Ibrahim explains what EPs need from CT imagingPlay VideoPlayMuteCurrent Time 0:00/Duration 5:23Loaded: 3.08%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -5:23 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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Videos | Cardiac Imaging | July 30, 2019 VIDEOS | EP LAB | JULY 26, 2019 VIDEO: What Electrophysiologists Need From CT Imaging Prior to AF and VT Ablations Mark Ibrahim, M.D., F read more Videos | CT Angiography (CTA) | August 07, 2019 VIDEO: Walk Around of a GE Cardiographe Dedicated Cardiac CT Scanner This is a quick walk around of the GE Healthcare Cardiographe dedicated cardiac CT system on display at the… read more Videos | Radiation Therapy | July 30, 2019 VIDEO: Use of Radiotherapy to Noninvasively Ablate Ventricular Tachycardia Pierre Qian, MBBS, read more Video Player is loading.Cynthia McCollough explains new advances in CT technologyPlay VideoPlayMuteCurrent Time 0:00/Duration 13:56Loaded: 1.17%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -13:56 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Sponsored Content | Case Study | Radiation Dose Management | August 13, 2019 The Challenge of Pediatric Radiation Dose Management Radiation dose management is central to child patient safety. Medical imaging plays an increasing role in the accurate… read more Video Player is loading.Pierre Qian explains radiotherapy to ablate VTPlay VideoPlayMuteCurrent Time 0:00/Duration 7:34Loaded: 2.19%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -7:34 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Video Player is loading.GE Cardiographe cardiac CT scanner at SCCT19Play VideoPlayMuteCurrent Time 0:00/Duration 0:38Loaded: 26.15%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:38 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Videos | Cardiac Imaging | July 30, 2019 VIDEO: The History of CT Calcium Scoring Arthur Agatston, M.D., clinical pro read more Videos | AAPM | July 29, 2019 VIDEO: Trends in Medical Physics at the AAPM 2019 meeting … read morelast_img read more

Spanish firm Telefónica sells 40 percent of its assets in the region

first_imgNo related posts. MADRID, Spain – Spanish telecommunications group Telefónica announced Tuesday the selling of 40 percent of its assets in Guatemala, El Salvador, Nicaragua and Panama, for a total of $500 million dollars, the company said in a press release.The agreement does not include the company’s operations in Costa Rica, which began under the trademark Movistar in November 2011 and is backed by the parent company in Spain.Telefónica will also receive a variable fee of up to $72 million for the sale, “which will be determined by the evolution of such assets in coming years,” the release said.The firm plans to reduce his debt from 51 billion euros in 2012 to 47 billion euros by the end of this year, and it announced in 2011 a restructuring plan that included, among other measures, reducing by 20 percent its workforce in Spain.Telefónica offers services such as fixed telephone, broadband and mobile in Central America. The company’s revenue last year increased 24 percent to 672 million euros, while operating income before depreciation and amortization fell 15 percent to 140 million euros. Facebook Commentslast_img read more

Where is Yerelin and the other missing children of Costa Rica

first_imgA search that has lasted more than two weeks in Costa Rica for a missing 6-year-old girl so far has turned up nothing. Yet it highlights a troublesome and growing trend in Costa Rica of disappearing minors.Yerelin Guzmán disappeared near her home in Santo Domingo de Heredia, 10 kilometers north of the capital, on July 11, setting off a nationwide search that has involved more than 686 people. Missing children were previously rare in Costa Rica, with only a handful of cases reported each year from 2004 to 2007. The number of children who have disappeared since then has climbed to more than 70 per year in four of the last five years, with 93 reportedly missing so far this year.Still, unlike Yerelin’s case, the overwhelming majority of cases of missing children in Costa Rica – 93 percent, excluding the year 2014 – are solved.The story of Yerelin first broke on national news media a day after she was last seen, as Costa Rican authorities spread the word and asked for public assistance. According to the Judicial Investigation Police (OIJ), Yerelin was last seen leaving her family’s home only a few meters from the Santo Domingo police station with a 24-year-old male cousin of Yerelin’s father.“A woman from the corner store, 50 meters from here, told us that he [the cousin] arrived with my daughter to buy something. They didn’t return after that,” Yerelin’s mother, Hellen Calvo, told the daily La Nacíon.That relative, who also has the last name Guzmán, became the primary suspect in the young girl’s disappearance after Yerelin’s brothers accused him of sexually abusing her. Police arrested and held the suspect in preventive detention four days after her disappearance. According to La Nación, a former judge in the same prison said Yerelin’s relative reportedly confessed details of her disappearance to him, but that information so far has led nowhere, according to police spokesman Juan José Andrade, who addressed the media at a press conference on July 18.Outside of prison, Andrade said eight search teams – 686 people – had scoured neighborhoods and nearby coffee fields around Heredia, to no avail. He said police were moving to a second phase in the search, expanding the sweep to nearby municipalities and setting up 70 checkpoints on the country’s highways, as well as notifying border authorities and coordinating with neighboring countries.“We are going to continue the search with the same force and the same number of people,” Andrade said at the time.Despite the expanded search, police last week appeared no closer to determining Yerelin’s whereabouts. Yerelin’s brothers are now in protective custody by the government’s Child Welfare Office (PANI) as child welfare workers investigate the fitness of their parents and home, according to a report in the online daily crhoy.com.According to Rocío Rodríguez, director of Alliance for Your Rights, a nonprofit group that focuses on the human rights of children, kids from troubled homes are among those most at risk to disappear and never be found.“Costa Rica has a serious problem because it does not have sufficient laws regarding disappeared children,” Rodríguez said in a phone interview.The country’s primary investigative police branch, the OIJ, is accustomed to investigating crimes only after complaints are filed. But in many cases involving missing children, no one comes forward to file a complaint. Most children who disappear are runaways, Rodríguez said, and the majority of those suffered abuse at home. But it is rare for the government to intervene in those cases, according to Rodríguez.“There is no way to care for [those kids] in this country,” Rodríguez said. “There needs to be extreme measures taken in these cases.”A growing trendCases like Yerelin’s used to be rare in this country of approximately 4.8 million people. From 2004 to 2009, only 52 children were reported missing in the six-year span, according to OIJ figures. Less than half – 25 – were under the age of 12. But since then, from 2010 until today, Costa Rica has averaged 98 missing children per year. Data from http://latinoamericanosdesaparecidos.org which relies on figures from OIJ. 2014 case statuses are not updated, explaining the high number of unresolved cases. Corey Kane/The Tico TimesMost of those missing since 2010 are older than 12, requiring a 72-hour waiting period for OIJ to begin an investigation. A spokesman for the OIJ, Marco Monge, said that an overwhelming majority of missing kids older than 12 are runaways. Monge also said that data for 2014 cases have not been fully updated, explaining the high percentage of cases that are not resolved. The OIJ was not able to provide comment on the growth of reported disappearances.If you have information that may help find Yerelin, contact OIJ at 8710-1988 or 8453-6900. The convenience store near Yerelin Guzmán’s home in Santo Domingo de Heredia, where she was last seen with a relative, who is now a suspect in her disappearance. Alberto Font/The Tico Times Facebook Comments Related posts:Canadian longtime expat goes missing in Costa Rica under ‘strange’ circumstances Colleges cut ties with Bill Cosby as the list of women accusing him of assault hits 20 Tico migrants shipwrecked in Caribbean en route to US are still missing Costa Rican legislators to approve missing child alert systemlast_img read more

PO Cruises welcomes first female captain

first_imgSource = e-Travel Blackboard: N.A Pacific Pearl’s female officers with Carnival Australia CEO Ann Sherry – left to right:  Cruise Director Zoltina-J Medwick Daley, Revenue Director Martina Damonte, Captain Sarah Breton, Carnival Australia CEO Ann Sherry, Executive Housekeeper Mari Schoon and Hotel Director Jane Herron Sarah Breton fulfilled a dream last Friday when she sailed through the heads in Sydney Harbour as Captain of P&O Cruises newest flagship, Pacific Pearl. “I’ve sailed into Sydney Harbour many times, but to sail into one of the world’s most beautiful harbours as Captain of Pacific Pearl is really something,” said Captain Breton. Having served on board a wide array of ships, including the Sky Princess, Canberra, Pacific Princess, Grand Princess and Coral Princess, 45-year old Captain Breton understands that long periods at sea may deter women from a career in shipping.  “It takes time to build up the necessary experiences so rising to this position takes many years – there are no shortcuts. The responsibility as captain is huge, but it’s the same responsibility whether you are a man or woman and the reaction to my captain’s appointment has been terrific.” In a first for the line, Captain Breton joins four other female senior offices, the largest on any other cruise ship in the region.“We are thrilled to finally have a female Captain in charge of one of our great Australian ships and believe that Captain Breton is a fantastic role model for girls who dream of a career on the high seas,” said Ann Sherry, CEO of Carnival Australia.Captain Breton is one of only three other female captains on major ships worldwide. last_img read more

Sydneys biggest Chinese New Year

first_imgThe 2014 Chinese New Year celebrations will kick-off at Belmore Park, which will be transformed into a bustling night market teeming with food stalls and entertaining live performances. The revelries are expected to attract more than 600,000 international and domestic visitors, featuring over 80 events between 24 January and 9 February 2014. Dragon boat races, art exhibitions and lunar feasts will also be a part of the programme. The annual Twilight Parade will take place on 2 February, snaking its way through the city from Sydney Town Hall to Chinatown, featuring more than 3,000 performers. Sydney has revealed the largest-ever programme of events, celebrating the Year of the Horse, as part of the city’s 2014 Chinese New Year festivities. “Festival favourites like the Twilight Parade, Belmore Park markets and Dragon Ball are back, but we’ve also got plenty of new events from film festivals and world premiere dance performances to brand new food highlights,” Lord Mayor Clover Moore said. Source = ETB News: P.T.last_img read more

Newcastle Airport boosting appeal for Great Hunter Region

first_imgNew direct flights between Newcastle and Canberra and a new arrivals hall at Newcastle Airport that will boost business tourism in the Greater Hunter region.Sydney-based Pelican Airlines will launch direct flights between Newcastle and Canberra on April 27, 2015, under its Fly Pelican brand, using 19-seat BAE Jetstream 32 turboprop aircraft.The airline will offer a morning service from Newcastle to the national capital and a late afternoon return flight plus a Sunday afternoon service.The announcement is in line with the completion of stage one of an AUD$14.5 expansion of Newcastle Airport which will see a 50 per cent bigger terminal increase capacity, and facilitate the growth of domestic flights.Stage two of the airport expansion includes a full refurbishment of the existing terminal and improvements to the departures area, and is expected to be completed by late 2015.Serving nearby Newcastle, Port Stephens and the Hunter Valley, Newcastle Airport is the second busiest airport in NSW and the 12h busiest in Australia.The Business Events and Conventions Developer for the Newcastle Convention Bureau, Georgia Lazzari, said the new-look Newcastle Airport will enhance the appeal of business events in Newcastle.“As the base for many government departments, Canberra is obviously a key source of business for conferences and meetings in our region and when corporate groups arrive here, Newcastle Airport is now able to personally welcome them so we see expect to see more corporate travelers,” Ms Lazzari said.Source = ETB Travel News: Lewis Wisemanlast_img read more

MakeMyTrip to launch new mobile app features

first_imgMakeMyTrip will launch new features to boost app user engagement. As part of strategy to drive app usage, the company has put all other development work on hold and asked its engineers to focus on ‘Tap’, a project aimed at improving mobile experience.Anshuman Bapna, Chief Product Officer, MakeMyTrip, said, “We put all our other work on hold, like making changes to the desktop, for two weeks to create a new user experience.”In the last few months, the company has launched an on-trip assistant, Jeeves, named after the uber-efficient valet in PG Wodehouse’s books.MakeMyTrip gets more than half of its traffic through its mobile site, up from 21% a year ago. Hotel bookings through the MakeMyTrip mobile app rose 1,021.9% year-over- year in the fourth quarter and by 694.8% in FY16. The company is also looking at launching new features to boost engagement.last_img read more