The retired employees of various Boards and Corporations in Himachal Pradesh, who are deprived of any pension benefits despite repeated government assurances, are now forced to work for MNREGA as daily wagers. “Some of them who are getting old being thrown out from this scheme too”, said Govind Chatranta, coordinator of the corporate sector workers. The marginalised employees, who have now planned to go on an agitation from next week, said they have been exploited by both the successive Congress and BJP governments in the State. Despite government notification of October 1999 when they were promised pension benefits like other State employees in accordance with the provision laid down in the Central Civil Services Rule , they were denied the benefit on the name of financial crunch. These employees allege that out of around 39,000 regular PSU employees, about 32,000 are being given regular pension and only a handful are being denied the benefit.
Pocari Sweat blew a huge lead but that only paved the way for a wild finish in Game 1 of the Premier Volleyball League Reinforced Conference Finals Saturday night.ADVERTISEMENT View comments Lacson: SEA Games fund put in foundation like ‘Napoles case’ Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games WATCH: Firefighters rescue baby seal found in parking garage Heart Evangelista admits she’s pregnant… with chicken Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Star douses late San Miguel rally, grabs 1-0 semis lead Sports Related Videospowered by AdSparcRead Next LATEST STORIES World’s 50 Best Restaurants launches new drinking and dining guide 1 dead in Cavite blast, fire MOST READ The Lady Warriors lost a 19-12 lead and even trailed, 24-22, before Rivers, Jessey de Leon and Gyzelle Sy spearheaded the defending champions’ spirited comeback.“We don’t have problems getting leads but we have problems in sustaining them,” said Abella. “We just have to address that through our mental toughness”Sy completed Pocari’s rally with a service ace after Rivers and de Leon anchored the Lady Warriors’ net defense and came up with two crucial blocks against Jeng Bualee and Jennifer Keddy, respectively.Michelle Strizak added 18 for Pocari while Myla Pablo had 16 and Jeannette Panaga finished with 12 points for the Lady Warriors, who also overcame 31 errors.Soltones paced the Water Defenders with 17 while Bualee wound up with 16. ADVERTISEMENT Don’t miss out on the latest news and information. The Lady Warriors proved to be the steadier team as they eked out a 22-25, 25-22, 25-22, 26-24 win over Bali Pure to inch closer to another title.Pocari shoots for a second straight championship on Tuesday.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutKrystal Rivers shone in her first game as replacement import with a game-high 20 points for the Lady Warriors.“We were just too tense because everyone’s pumped up knowing Krystal is going to play for the first time so I just told them to settle down,” said Pocari head coach Rommel Abella. What ‘missteps’? Heart Evangelista admits she’s pregnant… with chicken
Don’t miss out on the latest news and information. The Celtics retired No. 1 for founder and original owner Walter Brown. They retired No. 2 for former coach and general manager Red Auerbach.In all, the Celtics have retired 21 numbers, with Paul Pierce’s No. 34 next in line for the TD Garden rafters.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games opening Sports Related Videospowered by AdSparcRead Next Cleveland Cavaliers’ Kyrie Irving, left, drives to the basket against Boston Celtics’ Al Horford, from the Dominican Republic, in the second half of an NBA basketball game, Thursday, Dec. 29, 2016, in Cleveland. APBOSTON, Massachusetts—Newly acquired guard Kyrie Irving will wear No. 11 in Boston because the Celtics already have retired the numbers he wore in college and with the Cleveland Cavaliers.Irving wore No. 11 at two New Jersey high schools before switching to No. 1 at Duke. He wore No. 2 with the Cavaliers for the first six years of his NBA career.ADVERTISEMENT LATEST STORIES Pagasa: Storm intensifies as it nears PAR MOST READ Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Lacson: SEA Games fund put in foundation like ‘Napoles case’ Trump signs bills in support of Hong Kong protesters Celebrity chef Gary Rhodes dies at 59 with wife by his side SEA Games: PH squash team brings in second bronze Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ NATO’s aging eye in the sky to get a last overhaul View comments
At least 44 people were killed and and 11 others injured in China today when a tour bus plunged into a Tibetan valley after a three-vehicle pile-up.”The 55-seat bus carrying 50 people fell off a 10-metre-plus-high cliff after crashing into a sports utility vehicle and a pick-up truck,” state-run Xinhua news agency reported.Another five people were in the other vehicles in the accident which happened at around 4:25 pm (0825 GMT) in Nyemo County, west of the capital Lhasa, in the Tibet Autonomous Region.The bus passengers were mainly tourists from regions including Anhui, Shanghai, Shandong and Hebei.The injured were being treated at hospitals in Lhasa and did not have life-threatening injuries, Xinhua said. An investigation into the cause of the accident is under way.Police have detained managers of the Feixiang Travel Agency and the Shengdi Vehicle Tour Company blamed for the accident.
LONDON (AP) — European soccer’s leadership has an initial conclusion on leaked Manchester City correspondence: The club has been misleading UEFA over its finances.With the power to ban clubs from the Champions League, the consequences from UEFA could be severe for the Premier League champions.UEFA discovered from reading internal emails from City, which were published by German media outlet Der Spiegel last month, the extent of schemes by the club to allegedly cover up the true source of income in a bid to comply with Financial Fair Play regulations, a person with direct knowledge of the situation told The Associated Press. The person spoke on condition of anonymity because they were not authorized to discuss the situation publicly while UEFA conducts a review of the City case.City has been transformed into an English soccer power in the decade since being bought by Sheikh Mansour bin Zayed Al Nahyan, a deputy prime minister of the United Arab Emirates and a member of Abu Dhabi’s royal family, winning the Premier League three times since 2012. But unfettered spending on players has been restricted by European soccer’s governing body — regardless of the owners’ wealth.City has already been punished by UEFA for violating FFP, striking an agreement in 2014 that saw the team fined rather than banned from the Champions League for inflated sponsorship deals with companies linked to the club or its ownership.UEFA publicly said last month that evidence from “Football Leaks” could lead to past cases being re-opened. The person with knowledge of the situation said it was more feasible to use the leaks to re-assess the candor of club executives and as a basis to judge City’s compliance with FFP in the current three-year assessment period.That covers 2015 when Der Spiegel said emails were being sent internally at City showing the manipulation of sponsorship revue from Etihad Airways, the state-owned airline from Abu Dhabi, which is the naming rights sponsor of City’s stadium and training campus as well as appearing on jerseys. The sponsorship was said to generate 67.5 million pounds (about $85 million) annually for City. But City’s holding company — the state-backed Abu Dhabi United Group — channeled 59.9 million pounds back to Etihad, according to Jorge Chumillas, the club’s chief financial officer, in an internal email to club director Simon Pearce.City has not disputed the authenticity of any emails published by Der Spiegel over the last month. Given the fresh insight into City’s financial dealings, UEFA President Aleksander Ceferin has said there was a “public interest” in the correspondence being leaked, while questioning how it was obtained.“We are assessing the situation. We have an independent body working on it,” Ceferin said Monday. “Very soon you will have the answers on what will happen in this concrete case.”FFP was the flagship policy of Michel Platini, Ceferin’s predecessor as UEFA president, and introduced at the height of the global financial crisis in attempt to prevent clubs from becoming unsustainable.Since July 2011, UEFA has monitored the accounts of all clubs entering its two club competitions. The first period UEFA assessed clubs for compliance with FFP was 2011-13, when owners were allowed to cover losses up to 45 million euros.The leaks showed how City allegedly tried to artificially raise its revenue, in one case by 30 million euros, according to emails from 2013 reported by Der Spiegel. Abu Dhabi United Group was alleged to be sending cash to a shell vehicle which was created to supposedly buy the right to use players’ images in marketing campaigns.There were further examples that Sheikh Mansour could have been the source of sponsorship revenue for Abu Dhabi state-owned companies like investment firm Aabar. Der Spiegel cited a 2010 email to Aabar from Pearce, the City director who also works for Abu Dhabi’s Executive Affairs Authority.“As we discussed, the annual direct obligation for Aabar is GBP 3 million,” Pearce wrote. “The remaining 12 million GBP requirement will come from alternative sources provided by His Highness.”Seeing internal City correspondence has given UEFA a greater insight into the conduct of the club and its officials. A 2014 email from City lawyer Simon Cliff to a colleague showed the death of UEFA’s lead FFP investigator being celebrated: “1 down, 6 to go.”UEFA is examining whether to open disciplinary cases against individuals at City involved in attempts to provide a misrepresentation of club finances to the governing body’s FFP accessors, another person with direct knowledge of the situation said. The person, who did not identify any individuals, spoke to the AP on condition of anonymity because they were not authorized to publicly discuss the City case.A challenge for UEFA is getting City to provide information from related companies in Abu Dhabi that the leaks show are central to compliance with FFP.City has repeatedly declined to respond to the specific allegations in the leaks, dismissing a month of negative headlines by saying: “The attempt to damage the club’s reputation is organized and clear.”But City has had no such qualms using its website to cast aspersions on the reputations of other clubs over their ability to comply with FFP. City has used the media watch section on its website to cite unsubstantiated news reports, including a claim in 2016 that “Inter Milan are looking to circumnavigate FFP” and speculation this year that if Paris Saint-Germain “are found to have broken FFP regulations they face being booted out of the Champions League.” Those pages were deleted from its website after City was approached for comment by the AP.—By ROB HARRIS , AP Global Soccer WriterTweetPinShare0 Shares
About the authorCarlos VolcanoShare the loveHave your say Lucas Vazquez confident Real Madrid fans behind himby Carlos Volcano18 days agoSend to a friendShare the loveLucas Vazquez is confident Real Madrid fans are behind him.The midfielder has been jeered by the home support this season.”I have always felt the support of the Bernabeu during these five seasons,” Vazquez intimated in an interview with MARCA.”I always notice when the crowd shows me affection, I’m very happy with that.”We know that we’re at Real Madrid and that we are exposed to people’s opinions, you have to be calm.”
TagsTransfersAbout the authorFreddie TaylorShare the loveHave your say BVB turn sights on Wolves midfielder Campbellby Freddie Taylor10 days agoSend to a friendShare the loveBorussia Dortmund are interested in signing Wolverhampton Wanderers midfielder Chem Campbell.Football Insidersays the German giants are eyeing the 16-year-old as one of the most promising talents in his age group.The Wales U17 star has not signed a contract renewal at Wolves, which means that he can move on for a modest fee in the winter or summer.He is eligible to sign pro terms when he turns 17, which is in December.The club will be hoping they can convince him to stay.However, Dortmund believe they can offer him a better path to the first team, which may be tempting for the teenager.
OSU 40-Yard DashBraxton Miller’s throwing arm is yet to reach full strength – the Ohio State senior quarterback is working his way back from a torn labrum – but his legs appear to be good-to-go. Saturday afternoon, the two-time Big Ten MVP accepted on Twitter a fan’s challenge to a race. We’re not sure if Miller is joking or serious. Hopefully he’s the latter. @BraxtonMiller5 you ready to race big dog— Alex Gies (@AGies3) April 11, 2015You think u gonna win? https://t.co/KlFfvFomED— BRAXTON MILLER (@BraxtonMiller5) April 11, 2015Next Saturday? https://t.co/idlmES3Gi0— BRAXTON MILLER (@BraxtonMiller5) April 11, 2015@AGies3 I’ll give you a 10 yard head start pic.twitter.com/VizcXE35Dt— BRAXTON MILLER (@BraxtonMiller5) April 11, 2015Please let this happen, Ohio State. The Buckeyes spring game is set to occur next Saturday at Ohio Stadium.
zoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license German Oldendorff Carriers is renewing its fleet with two more bulker newbuilds, the company spokesperson confirmed to World Maritime News.The two 209,000 dwt bulk carriers have been ordered from Chinese Jiangsu Hantong Ship Heavy Industries.The Tier III compliant newbuilds are set for delivery in 2020, data from Asiasis shows.Hantong Ship Heavy is already building seven Sdari Kamsarmaxes for the German dry bulk shipping major, set for delivery between 2019 and 2020. Originally, the series comprised ten units, however, three were resold to another company.The order emerges on the back of Oldenroff’s contract for two more Kamsarmax bulkers ordered from Japanese shipbuilder Oshima Shipbuilding.Oshima Shipbuilding will deliver the two 100,000 dwt units, along with another three 62,000 dwt Ultramaxes, during the first half of 2020.The shipowner has 6 Ultramaxes under construction at NACKS and DACKS scheduled for completion in 2019 and three more Handysize bulkers at Chinese yards. In total, 23 eco bulkers are set to join the company’s fleet by the middle of 2020.World Maritime News Staff
Kolkata: The Banga Janani Vahini of Trinamool Congress on Thursday raised their voice demanding the removal of Meghalaya Governor Tathagata Roy, over the latter’s tweets about Bengal women. Chief Minister Mamata Banerjee condemned Roy’s comments and said: “It was not right on his part to make such comments being a Governor, which is a constitutional post.””We should take to the streets and be vocal against such remarks that portray women in a poor light. The Indian Constitution has given a person the liberty to speak in whatever language he/she wants. But the RSS is trying to impose certain things on us. We need to protest in a democratic manner,” said TMC MP Kakoli Ghosh Dastidar, chairman of the recently constituted Banga Janani Vahini. Also Read – City bids adieu to Goddess DurgaRoy, while offering his views about some states resisting Hindi learning, had questioned that if Bengal women can be bar dancers in Mumbai then why should they not learn Hindi. A former BJP leader, Roy originally hails from Bengal. Chief Minister Mamata Banerjee has recently constituted the Banga Janani Vahini of women to fight for keeping the political environment in the state secular. The Vahini held its first programme at Hazra crossing on Thursday, where women staged a day-long dharna and spoke against alleged atrocity on women across the country. The Vahini will organise a similar protest movement at Shyambazar on Friday. Also Read – Centuries-old Durga Pujas continue to be hit among revellersShashi Panja, minister of state for Women & Child Development condemned the statements made by Roy and urged the women brigade to be united in protest. “Bengal should play a leading role in raising women’s voice against such statements that go against the dignity of women,” Panja said. She spoke of the several schemes undertaken by Chief Minister Mamata Banerjee like Kanyashree, Rupashree and Sabooj Sathi and how these schemes have contributed to the social upliftment of women. “The Central government has hardly done anything for the upliftment of women and have remained unperturbed to such comments and acts by a number of RSS minded leaders in recent times that have portrayed women in poor light,” Panja added. Chandrima Bhattacharjee, minister of state for Health, said that when a person assumes the Governor’s chair he/she should not be the voice of any political party but he (Roy) who has been an RSS member, has spoken for the saffron party on more than one occasion. “The Indian Constitution states clearly that there should not be any discrimination based on sex. Then why is the party in power at the Centre being silent against such comments made by their leaders?” she questioned.
In the end, Kawhi Leonard didn’t want to construct a Super Team with the Lakers. He wanted a co-star across the Staples corridor with the Clippers, and made it clear to Steve Ballmer and Lawrence Frank: Get PG, and I’m coming.— Adrian Wojnarowski (@wojespn) July 6, 2019 The news ends months of speculation and angst for Raptors fans.Leonard’s departure was considered by many to be a foregone conclusion a year ago when Raptors president Masai Ujiri acquired him from the San Antonio Spurs in an off-season blockbuster that sent beloved franchise icon DeMar DeRozan to Texas.Leonard had a year left on his contract plus a player option – which he was certainly going to decline – when he moved to Toronto, and many believed he’d put in a season in Canada before bolting for his hometown of Los Angeles. TORONTO – It was a heck of a season, but it appears that’s all the Toronto Raptors are going to get from Kawhi Leonard.Less than a month after leading the Raptors to their first NBA title, the superstar free agent is reportedly leaving Toronto for the Los Angeles Clippers.A person familiar with the negotiations says the Clippers will be landing Leonard as a free agent after they acquire Paul George from the Oklahoma City Thunder in a massive trade for players and draft picks.George will be traded for at least four first-round picks, according to the person who spoke to The Associated Press on condition of anonymity early Saturday because none of the moves have been finalized. And Leonard made his decision to sign with the Clippers after the team swung the deal to land George, the person said. Green said he enjoyed Toronto and that it was unfortunate how free agency turned out for that city, the Raptors and for Canada. Leonard was arguably the most coveted prize in this year’s free agency, and met with several teams including the Raptors, Lakers and Clippers in his hometown of Los Angeles. Leonard going to the Clippers means that for the first time, a reigning NBA Finals MVP will be changing teams before the next season. Leonard was also pursued by the Los Angeles Lakers and, of course, the Raptors. ESPN, which first reported the trade, also said the Thunder were getting Shai Gilgeous-Alexander and Danilo Gallinari from the Clippers. The most the Clippers can offer Leonard is $142 million over four years, which is the deal he is expected to sign. Players can sign with new teams as early as noon Eastern on Saturday. Sources: Leonard and George met in LA earlier in week. Clippers had long been frontrunners for Leonard, but it is unlikely he would’ve made final leap to sign without PG trade. Clippers imagined Leonard as part of a Lakers Big 3 — and knew they had no choice. They did OKC deal.— Adrian Wojnarowski (@wojespn) July 6, 2019 BREAKING: pic.twitter.com/oIPUwiFLmI— Inside The Green Room (@GreenRoomInside) July 6, 2019 All the information that leaked from Magic’s conversations with Kawhi team didn’t help the Lakers case.— Cris Carter (@criscarter80) July 6, 2019 The Raptors certainly made Leonard’s decision a tough one. After Leonard missed all but nine games last season with San Antonio with a serious quadriceps injury, he said health was his biggest concern heading into this past campaign.Toronto responded by treating the superstar, who turned 28 on Saturday, with kid gloves. They made “load management” part of their lexicon, holding him out of back-to-back games for health maintenance.Load management paid off in the playoffs. Leonard had one of the best performances in NBA post-season history in leading the Raptors to their first Larry O’Brien Trophy. He was excellent on both sides of the ball as they dispatched Orlando, Philadelphia, Milwaukee and finally the two-time defending champion Golden State Warriors. He was rewarded with his second career Finals MVP award.There were iconic moments along the way, including his series-winning final shot in Game 7 against the 76ers that bounced on the rim four times before falling, sending the Scotiabank Arena crowd into a frenzy.Leonard’s status as a sports icon in Toronto and across Canada perhaps closed the gap between the Raptors and other suitors.But ultimately, what Toronto had to offer wasn’t enough.Leonard averaged 26.6 points on 49.6 per cent shooting, 7.3 rebounds, 3.3 assists and 1.8 steals over 60 regular-season games with the Raptors in 2018-19. He took his game to an elite level in the playoffs, averaging 30.5 points, 9.1 rebounds, 3.9 assists and 1.7 steals over 24 games.It’s a massive blow to Toronto’s chances of back-to-back titles, and obviously puts a damper on the Lakers’ off-season quest as well – even though they will finalize a trade Saturday to bring in Anthony Davis from New Orleans and landed the sort of shooter than LeBron James craves by adding Green. Thank you, Raptors fans. This is a run we’ll never forget. We can’t thank you enough for the love and support we experienced over the last year. You are some of the greatest fans basketball has to offer. Thank you #WeTheNorth Stay tuned for another episode with more details.— Inside The Green Room (@GreenRoomInside) July 6, 2019 Our #KawhiWatch has ended. #ThankYouKawhi for the NBA championship that you helped to bring to Toronto with your @Raptors teammates. #ThanksKawhi #WeTheNorth pic.twitter.com/04fVCECnIw— John Tory (@JohnTory) July 6, 2019 The Lakers didn’t wait long before starting to move on from their quest for Leonard. Danny Green announced that he is signing a two-year deal with the Lakers, meaning he, too, is leaving Toronto.“Kawhi has made his decision. Seems like the announcement is out,” Green said in a video he posted to his social media accounts. “It’s time for me to make my announcement … I will be teaming up with new teammates in LA, the Los Angeles Lakers.”
New Delhi: In a rare judgement, a trial court in Mumbai has sentenced six people to life imprisonment, including an Assistant General Manager of Bank of India, for defrauding the public lender off Rs 2.5 crore, officials here said.One other accused in the case was sentenced to three years in prison, with fines for all seven ranging from Rs 50 lakh to Rs 3,000. The CBI had alleged that Manoharlal Ahuja and his son Amit, both partners in Swift Service Linings had borrowed Rs 2.5 crore from the bank in a conspiracy with Bhagwanji Dayaram Joshi, then AGM of Bank of India. All three have been ordered to serve life sentences for their crimes. Manoharlal and Amit along with other members of their company forged documents and falsified information pertaining to approximately Rs 2.4 crore worth of collateral properties. Officials said that the accused fraudulently got the loans sanctioned for their company with help from officials of the Bank of India branch in Mandvi, Mumbai. Eventually, the bank declared Swift Service Lining’s account with them as NPA in February 2004, following which the probe agency took over the case. The CBI filed its chargesheet in the case, naming eight accused persons in 2005 with one of them namely G K Sharma having passed away during the trial.
The indictments were filed with the Special Panel for Serious Crimes of the Dili District Court, UNMISET said. One of the indictments involves crimes allegedly committed by five members of the Mahadomi militia in Manatuto District during 1999. One of the five is the former district chief and the founder and commander of the militia group while the other four men were section commanders.The indictment contains 13 charges of crimes against humanity. Five of the counts concern the murder of six men in May and September 1999, while the other counts include charges of torture, imprisonment, persecution and deportation committed within Manatuto between May and October 1999. The five accused are all believed to be currently residing in Indonesia.The second indictment concerns two Indonesian officers who were members of the Indonesian Battalion 745 that was stationed in Lautem District during 1999. One of the accused was the commanding officer of the battalion and the other a platoon commander.The indictment charges 17 counts of crimes against humanity, including 14 counts of murder in which members of Battalion 745 are alleged to have killed 21 civilians during September 1999. Many of the civilians were killed during the Battalion’s withdrawal from East Timor, as they travelled overland from Lautem to Dili. Included within the charges is the murder of Sander Thoenes, a Dutch journalist who was allegedly killed by members of Battalion 745 in Dili on 21 September 1999.Both of the accused are believed to be residing in Indonesia at the present time, UNMISET said.Arrest warrants for the all of the accused have been requested from the Dili District Court. Once received by the General Prosecutor, these will be forwarded to the Attorney General of Indonesia. The arrest warrants will also be forwarded to INTERPOL, which Timor-Leste joined late last month.
Transat A.T. cuts Q1 loss in half at $15.1M; revenue down slightly at $805.7M AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email MONTREAL – Transat A.T. Inc. has reported a big improvement in first-quarter results but the vacation tour operator remains mired in red ink as its revenue declined on reduced capacity.The Montreal-based operator of Air Transat said its net loss for the three months ended Jan. 31 was $15.1 million or 39 cents per share on a diluted basis.That almost halved its net loss of $29.5 million or 77 cents per share in the same fiscal 2012 period.Revenue slid to $805.7 million from $829.3 million, down $23.6 million or 2.8 per cent.Meanwhile, the company (TSX:TRZ.B) reported an adjusted after-tax loss of $21.6 million or 56 cents per share in the quarter, compared with $29.9 million or 79 cents in 2012.Analysts had expected an adjusted loss of 48 cents per share, excluding a positive impact from fuel hedging activities“Changes brought to our organization over the last 18 months, as well as our decision to slightly reduce capacity, have contributed to the improvement of our results,” president and CEO Jean-Marc Eustache said in a release.The company has been working hard to improve efficiencies, among other things striking deals with its employees to reduce costs.For example, Air Transat’s more than 1,700 flight attendants recently agreed to some $9-million in non-wage concessions to help it meet increasing competition in the holiday travel industry.A key element will see the number of attendants on A330 airliners reduced to 10 from 11. The concessions by the flight attendants, pilots and others are part of moved by Transat to trim $20 million in annual operating costs.The company said it needs to realize the savings in order to develop a fleet of narrow-body Boeing 737s, which the union says should allow the company to retain more jobs in the long run. The 737s would replace airliners flown under subcontract by Nova Scotia-based Canjet since 2009. The Canjet contract ends in April 2014.Ben Vendittelli of Laurentian Bank Securities said Transat’s improved performance is offset by the company’s mixed outlook.“Transat’s improvement was below expectations (and the) outlook remains muddled,” he wrote in a report. “Transat’s improved year-over-year performance, though slightly below our expectations, was driven by good capacity management and higher pricing.”Transat has cut its capacity to sun destinations in the seasonally strong second quarter by 10 per cent, while load factors are lower and pricing is higher.Transat A.T. is an integrated international tour operator that offers package holidays to more than 60 destinations in some 50 countries, but operates mainly in Canada and Europe as well as the Caribbean, Mexico and the Mediterranean Basin.The company said revenues of North American business units, which are generated by sales in Canada and abroad, decreased by $10.1 million or 1.4 per cent in the quarter compared with the same period in 2012.Capacity to sun destinations was down 12 per cent compared with 2012 while that on the transatlantic market was down 18 per cent the company said.North American business units recorded an operating loss before amortization and depreciation of $8.3 million, compared with $19.1 million in 2012. The improvement in margin was mainly attributable to higher selling prices during the quarter.Revenues of European business units, which are generated by sales made in Europe and in Canada, decreased by $13.5 million or 10.5 per cent, mainly due to a decision to reduce capacity. European operations generated an operating loss before amortization and depreciation of $12.7 million, similar to the previous year. by Ross Marowits, The Canadian Press Posted Mar 14, 2013 7:54 am MDT
It is the biggest purchase most of us will ever make — our homes — and it turns out it is something we really like to talk about.According to a new survey, real estate talk is becoming a new national past time.The survey from online real estate search engine Zoocasa finds 84 per cent of Canadians think about real estate on a regular basis.“We talk about ‘did you see what sold the down street? or did you see someone renovating,’” says Zoocasa president Carolyn Beatty.“I think it very much is a way that people talk about their neighbourhoods and talk about their neighbours.”About 85 per cent of Canadians have window shopped for homes online in the past year. Only 28 per cent have set foot in an open house.The poll found that 94 per cent of Canadians say it is important for them to see information about a home or condo they are interested in online before they consider seeing it in person.Beatty says the Internet makes it easier for people to sneak a peek at what’s for sale in the neighbourhood.“It’s like being able to go in two or three minutes to three or four open houses in your neighbourhood and really get a sense of who’s renovated, who hasn’t renovated.”She says obsession may be because homes have become an extension of people’s identity and represent who they are.“People feel a very close association with their neighbourhood.”The survey also found 47 per cent of Greater Toronto Area residents describe either themselves or someone they know as real estate obsessed, compared to 34 per cent across Canada. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Canadians are real-estate obsessed, survey suggests real estate|toronto|zoocasa by News Staff Posted Jun 20, 2013 7:21 pm MDT
The Ohio State football team capped off its spring practice session with its annual Spring Game Saturday in Cincinnati, but the coaches and players believe there is still substantial work to be done. OSU’s assistant coaches met with the media Wednesday to discuss the improvements that need to be made, which players have stuck out during the spring and how they hope the leadership of last year’s seniors will be replaced. Carlos Hyde and Rod Smith: separating themselves from the rest Senior running back Carlos Hyde ran for 970 yards in his first season as a full-time starter in Meyer’s spread offense. His 16 rushing touchdowns led the team, and according to running backs coach Stan Drayton, Hyde and junior Rod Smith are going to be the main contributors for the position this fall. “I do believe that Carlos and Rod have separated themselves from both (sophomore Bri’onte Dunn and redshirt freshman Warren Ball),” Drayton said. “I feel like we have depth that can bring productivity to our offense which is something that is an unbelievable luxury to have. Carlos is clearly the starter, and I think Rod has separated himself from those guys right now.” Drayton went on to say Hyde has grown into a “phenomenal leader.” “It was critical that he establish himself with a young group of guys,” Drayton said. “He was like a coach out there. It was really good to see.” For the front seven, leadership is the key With former starters John Simon and Johnathan Hankins gone, linebacker coach and co-defensive coordinator Luke Fickell said the biggest thing that the defense has lost is leadership. “I think you’re always concerned about the leadership and the mentality and the way those guys are handling everything,” Fickell said. “You worry about how they gel together, how the leadership guys step up, how they make the other guys around them better.” Fickell said he was happy to see a number of guys “really maturing” this spring though, including junior middle linebacker Curtis Grant, who Fickell sees in the starting lineup with junior Ryan Shazier and sophomore Joshua Perry. Defensive line coach Mike Vrabel said the line made “good progress” during the 14 spring practices. The coaching staff and the players, though, are “not putting a lot of stock” in the 11 sacks the defense had during the Spring Game. Vrabel said the defensive line was more productive during scrimmages earlier in the spring than during the game because “you saw more consistent plays in the run game, runs that we’re going to see. Some of those guys in that first group didn’t see a whole bunch of runs (during the Spring Game).” Vrabel said that juniors Joel Hale and Michael Bennett in particular have made significant progress. “I think Joel Hale improved. I think we saw some things from him that we hadn’t seen from him last year,” Vrabel said. “Michael Bennett had a good spring. He was consistent, he was there every day. He was a leader for us and gave us a physical presence inside.”
Jacksonville Jaguars wide receiver Justin Blackmon said Wednesday he doesn’t think he has a drinking problem.Blackmon spoke with reporters during an 18-minute news conference following a Sunday morning DUI arrest, which was his second in 20 months.“First off, I want to openly apologize to Gene (Smith, general manager) and Mr. (Shad) Khan and his family, coach (Mike) Mularkey, the whole organization, teammates, everyone that I, with my poor judgment over the weekend, that I brought bad press to,” he said.“I just want to apologize for that and just let people know that it’s not who I am, that’s not who I’m going to be.”Blackmon said the incident resulted from putting himself in a bad situation. Smith pointed out a common issue for athletes: who you hang out with may not actually be looking out for your best interest.“There are a lot of people that sometimes you associate with that don’t have the same goals you have,” Smith said. “You’ve got to say to yourself, ‘I’ve got to do things in a different way. I can’t keep doing this. This is going to take me down the wrong path and I’ve got to change.’ I think that’s what he’s got to do. I’ve expressed that him.”Blackmon said he plans to stop drinking.“People are going to think what they are going to think. Words are words. It’s my actions that are going to have to show,” Blackmon said.Source: Chicagotribune.com
Her father Thomas Markle is expected to give an interview to a Sunday newspaper after five of the Duchess’s friends gave interviews to People magazine in the US claiming her texts and calls to him had gone unanswered. On Friday, Meghan’s half-brother Thomas Markle Jnr gave an interview to Germany’s Bund magazine claiming their father “just wants to hear from his daughter and have her back in her life”.It comes after their half-sister Samantha Markle launched Twitter tirade against “wealthy narcissist” Meghan describing the People article as “total bulls—-” and “fake news”.Royal watchers have questioned the wisdom of responding to negative headlines, fearing it could only fuel the flames of bad publicity – and open the door to more media appearances by the Markles. The Duke and Duchess of Sussex will make a surprise three-day trip to Morocco later this month – despite Meghan being seven months pregnant.The royal couple will travel to the North African country on February 23 at the request of the British Government “to highlight the vital role girls’ education and youth empowerment is playing” following the 2010 Arab Spring. The trip is believed to have been hastily arranged after a regional visit was cancelled at the last minute. A royal aide said the couple were following official NHS guidance which advises that women can fly until they are 37 weeks pregnant, adding: “The Duchess feels well and able to fly. Most airlines permit women to fly up until approximately the last month of their pregnancy.”We announced the baby is due in the spring and this visit is in February.”They will fly on a commercial airline but Kensington Palace declined to comment on whether a doctor will accompany them.The Duke and Duchess are expected meet Morocco’s ruler King Mohammed VI, the country’s prime minister Saad-Eddine El Othmani, and visit major tourist attractions. On Sunday, The Duke will watch England play France in the Six Nations rugby championship at Twickenham as yet more revelations are expected from Meghan’s family.
Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedSale of Sanata Complex: Case against Singh, Brassington adjournedJune 29, 2018In “Court”Stay granted in misconduct charge against Singh, BrassingtonJuly 17, 2018In “Court”Lawyers make submissions for SOCU misconduct charges to be thrown outSeptember 29, 2018In “Court” …despite property being sold more than 3 times higher than Govt valuationMore charges have been filed against former Finance Minister, Dr Ashni Singh and former National Industrial and Commercial Investments Limited (NICIL) head Winston Brassington; this time over the sale of the Sanata Textiles Complex.File photo: (L) Former Finance Minister Dr Ashni Singh and former Chief Executive Officer (CEO) of NICIL Winston Brassington leaving the court with some of their lawyers in April of 2018.Singh and Brassington are already before the courts on similar charges, but the latest charge was filed without the knowledge of the two parties.As a consequence, they were not in court to answer the charge when it was read to acting Chief Magistrate Sherdel Issacs-Marcus.The charge alleges that Singh and Brassington, while performing the duties of Finance Minister and Chairman and Chief Executive Officer (CEO) of NICIL respectively, between October 26 and December 20, 2010, acted recklessly when they agreed to the sale of the Sanata Textiles Complex to Queens Atlantic Investment Inc (QAII).According to the charge, the 18.976-acre property was sold for $697.8 million but it was valued at $1.04 billion.However, according to privation documents published by NICIL, the property was valued at $245 million by the Government’s Chief Valuation Officer, Compton Autar, but QAII paid $809.5 million for the property, which is almost four times the Government valuation.In court on Friday, Attorney Stanley Moore, representing the interests of the two, informed the court that he had no prior information of the specific charges. It was then that Special Organised Crime Unit (SOCU) prosecutor also acknowledged that Singh and Brassington were not informed of the new charge.Attorney Moore then assured the court that the two men will be back in Guyana on June 29, when the matter is to be called before Chief Magistrate Ann McLennan.SOCU had previously brought charges against the two former Government officials in April. The two men were arraigned on charges of allegedly selling several plots of land on the East Coast of Demerara to National Hardware Guyana Ltd for over $598 million.Additionally, the charges included selling land to Scady Business Corporation at a cost of $150 million, and to Multi-cinemas Guyana Inc at a cost of $185 million.Many political and social commentators, even those in the legal fraternity, have argued that the charges against the two former Government officials may be unconstitutional on the basis that they are not “public officers” in accordance with the Constitution.Following these events, former Finance Minister Sasenarine Kowlessar, who served from 1999 to 2006, was taken in for questioning at SOCU’s Kingston, Georgetown head office, and was interrogated for close to five hours before being released on $200,000 station bail.Meanwhile, Opposition Leader Dr Bharrat Jagdeo has said the decision to charge the duo for the sale of the lands, is nothing more than a “frivolous” attempt to keep a campaign promise made by the A Partnership for National Unity (APNU) to jail members of the People’s Progressive Party (PPP).“It is all frivolous… This Government campaigned on a promise that they will jail all of us when they get into power because we’re massively corrupt… We were told that we had assets that we were not declaring to the integrity Commission. We’re told that the People’s Progressive Party and its leaders had stolen so much money they couldn’t stash it in Guyana, they had to stash it abroad. These were the campaign. This was in the mouth of every person who spoke on the APNU platform. Jail, Jail these people,” Jagdeo told the media last month.Former Finance Minister, Dr Ashni Singh had expressed confidence that the charges brought against him will be disposed of in the near future because he feels they are frivolous and have no bearing.Singh said he discharged his functions as a Minister of Government and public servant diligently and in accordance with the law at all times.“I have no fear whatsoever about the discharge of my duties being subjected to the ultimate degree of scrutiny… I have absolutely no reservation about that and I have absolutely no fear,” he added.Meanwhile, Guyana Times, along with its sister companies Television Guyana (TVG-CH 28) and Radio Guyana Inc (RGI), is housed at the Sanata Complex, Ruimveldt Industrial Site, Georgetown which is owned by QAII.Only recently, the Guyana Times received a number of threats from persons who claimed to be agents of the Government to stop publishing news items which are critical of the Administration.These persons have threatened that should the newspaper continue to pursue articles which are critical of the Government, its owners, management and affiliate companies will face dire consequences.In the past, this media house had been threatened by Government officials. In particular, one Government official called for the torching of Sanata Complex.
The goalkeeper of the Austrian national team, but born in Belgrade, Nikola Marinovic (34) will in the next two years wear the shirt of the standard Bundesliga member, HSG Wetzlar. The guy who began his career in Stari Grad, continued to Red Star, and nine years ago went to Austrian West Win league. Eight years of successful appearances for the clubs from Wien and Bregenz, as well as becoming number “1” goalkeeper of the national team, were a recommendation for the Bundesliga and the Austrian colony, Balingen, where Nikola proved himself as one of the best. ← Previous Story Albert Rocas: “With 10% of Cesc’s transfer, solve all handball problems” Next Story → Team Bosnia & Herzegovina: The return of Tahirovic, “enough” with Doborac, Toromanovic and Terzic