Category: hkadd

Bank of Russia cuts interest rates to 14 per cent

first_imgFriday 13 March 2015 6:46 am Bank of Russia cuts interest rates to 14 per cent Show Comments ▼ Jessica Morris Russia slashed its interest rate by one percentage points to 14 per cent today saying “the balance of risks is still shifted towards a more significant cooling of the economy”.The bank said the rate could would help reduce these risks, without the threat of increasing inflationary pressure. This is because monetary policy, and low economic growth, will cause inflation to slow to nine per cent over the next year. “As inflation risks abate, the Bank of Russia will be ready to continue cutting the key rate,” the bank said today.Russia’s economy has struggled amid international sanctions, as well as a rapidly depreciating Russian rouble.”The high level of annual inflation is caused primarily by the supply-side factors, ie. the rouble depreciation and external trade restrictions,” it said. “Their impact is short-term and will be exhausted before the end of 2015.””Structural factors continue to exert a restraining influence on economic growth, however. Its slowing is becoming more and more cyclical. Weak economic activity will be conducive to inflation reduction.” whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Share whatsapp Tags: NULLlast_img read more

Strong first half for Rabobank as Dutch economy rebounds

first_img Strong first half for Rabobank as Dutch economy rebounds Share Show Comments ▼ whatsapp Express KCS whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom NationSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesGameday NewsNBA Wife Turns Heads Wherever She GoesGameday News Thursday 20 August 2015 8:46 pm DUTCH lender Rabobank booked 41 per cent higher net profit in the first half of 2015, lifted by a rebounding Dutch economy and a steep fall in provisions for bad loans, it said yesterday.Net profit in the six-month period was €1.52bn, helped by strong retail banking profit in the Netherlands, where an economic recovery is taking hold after two years of recession.Provisions for bad loans at the largest Dutch mortgage lender fell 70 per cent to €356m, below the long-term average for the bank.Rabobank’s tier 1 solvency ratio was steady at 13.2 per cent, while its capital ratio improved to 21.5 per cent from 20.8 per cent in January.Rabobank, one of highest rated banks in the world, said it “will give higher priority to improving profitability and strict control of the volume of our risk-weighted assets”.“The recovery in the Dutch economy contributed to a sharp fall in loan impairment charges at the local Rabobanks and at real estate subsidiary FGH Bank,” the bank said following the results announcement yesterday.The unlisted bank did not provide forecasts. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Tags: NULLlast_img read more

Young guns leading the way in Quirke’s Laois squad heading into the New Year

first_img Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival RELATED ARTICLESMORE FROM AUTHOR Facebook WhatsApp Twitter Pinterest The Laois senior footballers had their first win of the O’Byrne Cup over Wexford on Saturday afternoon.Mark Barry stepped up to kick the winning free see Laois bounce back from last weeks Round 1 defeat to Offaly.But Quirke believes his side has a lot to offer and has had nothing but a positive attitude since being named manager this year.He noted the number of young players that made a difference on the field on Saturday namely Mark Barry, Eoin Dunne, Rob Tyrell and the expertise and clever play by Colm Murphy.Speaking to Midlands 103, Quirke said: “I think another 5 or 6 guys made their Laois debut today. I thought it was largely positive.“There’s a lot of good footballers there and we looked like we were probably cruising a little bit and then Wexford got that good goal but I think one of the most positive things from our point of view was that we had guys come off the bench and really contributed.“Eoin Dunne and Rob Tyrell came on and both won good marks and the way we worked the ball up to Mark Barry and he took on his man and won the free.“He’s a really smart and intellegent footballer. It was pleasing to see guys come off the bench and contributing and then having the poise to win that kick out and get up the field and get that score to win the game.”The Kerry man spoke of the impact of Colm Murphy who lined out in the full forward position.“Colm was one of the best players that Laois had last year and in the Division championship and he’s certainly a guy that has a brain for football.“It doesn’t matter what county jersey he’s wearing, he’s thinking that little bit ahead of everyone else and he’s a really good ball winner, good kicker off both feet and he’s a young guy.“He’s a leader because of that stuff and hopefully he and a lot of the other guys will have a good year,” he added.Looking forward to the New Year, Quirke is happy with his side so far and believes they will only continue to improve.“A win for them is very important really, just to show them that what we’re doing is going in the right direction and its nice before the break for Christmas to get a win in there.”“We’ve Meath just after the Christmas and then you’re into the league at the end of January and for Laois that is of paramount importance and for every team in Division 2 trying to hold on to your status with the way it relates to the championship.“So, everything is geared towards that and the last two games have given us plenty of food for thought and we’ve given lots of guys opportunities to play and show us what they’re about and we will continue to do that in the next couple of weeks,” he explained.SEE ALSO –  WhatsApp Electric Picnic Twitter By Aedín Dunne – 17th December 2019 Pinterest Facebook Previous articleIn Pictures: Mountrath CS students hold Santa Dash for Pieta HouseNext articleDeaths in Laois – Tuesday, December 17, 2019 Aedín DunneAedín graduated from University of Limerick with a degree in Journalism and New Media. She is a proud Townie with a passion for all things sports and doesn’t like to speak about the 2016 blip in Portlaoise’s bid to 10-in-a-row. Home Sport GAA Young guns leading the way in Quirke’s Laois squad heading into the… SportGAAGaelic FootballLaois Senior Football Team News TAGSLaois senior footballersMike Quirke Electric Picnic Young guns leading the way in Quirke’s Laois squad heading into the New Year Electric Picnic organisers release statement following confirmation of new festival datelast_img read more

TSX posts triple-digit loss

TSX gets lift from financials, U.S. markets rise to highest since March Related news S&P/TSX composite hits highest close since March on strength of financials sector Facebook LinkedIn Twitter Keywords Marketwatch The Canadian dollar was down 0.02 of a cent at 98.31 cents US. Statistics Canada reported that manufacturing sales edged down 0.3 per cent in March to $49.5 billion, the third decline in four months. The agency said the decline largely reflected lower sales in petroleum and coal products and the chemical manufacturing industries. Excluding those industries, Canadian manufacturing sales rose 0.3 per cent. Overall, sales fell in 10 of 21 industries, representing approximately one-third of Canadian manufacturing. Meanwhile, the number of Canadian houses and condos sold last month was slightly better than in March but down from April 2012, according to the Canadian Real Estate Association. Its figures showed the number properties sold in April edged up 0.6 per cent on a seasonally adjusted basis, while the number of newly listed homes fell 0.9 per cent. CREA’s home price index rose 2.2 per cent in April, the smallest gain in more than two years. Senior investment adviser Alan Small said neither the manufacturing nor the housing numbers were surprising. “For the most part, we’re seeing a slowdown in our economy and it’ll be interesting to see if our government does anything to stimulate,” said Small, who works for Dundee Wealth Management Securities. “Recently, they talked about balancing the books in the next couple of years, rather than choosing to stimulate but — if the numbers continue to show poor economic data coming out of country — maybe our government will take a different approach.” At the close, all sectors on the Toronto stock exchange were lower, with gold seeing the largest decline — more than four per cent. Shares in Agnico Eagle Mines (TSX:AEM) were down 5.62 per cent, or $1.73, to $29.03. June bullion was down $28.30 at US$1,396.20 an ounce, its lowest price in a month. Small said gold prices are falling because they take their cue from the U.S. economy, which is showing some signs of recovery. “I lack to see a catalyst to take gold higher. In fact, there is definitely a case for gold to fall even further,” he said. “When the (U.S.) dollar is strong, and the economy is strong, people are leaving these types of investments, like gold and silver, and buying stocks and into the U.S. economy.” The telecom sector was off 1.43 per cent, pulled down by shares in Rogers Communications (TSX:RCI.B), which dropped by more than three per cent to $48.20. The June crude contract was down nine cents at US$94.30 a barrel as the TSX energy sector fell by 0.88 per cent. Talisman Energy (TSX:TLM) saw its shares dip 1.79 per cent, or 21 cents to C$11.50. July copper dipped two cents to US$3.26 a pound as the metals and mining sector fell by 0.73 per cent. Engineering company SNC-Lavalin (TSX:SNC) said allegations about a subsidiary using a secret code to account for bribes on several projects across Africa and Asia have been resolved and are history. The company says it is focused on moving ahead with systems that would prevent the problems from reoccurring. The Globe and Mail and CBC reported that the company paid so-called “consultancy costs” between 2008 and 2011 to win contracts for 13 development projects. Its shares were down 1.3 per cent, or 55 cents, at $41.79. Meanwhile, U.S. indexes turned higher, boosted by a two per cent jump in the shares of department store Macy’s. Search engine giant Google also saw its shares soared past US$900 for the first time on the first day of the company’s annual conference. Shares in Apple Inc. fell more than three per cent, or $15.01, to US$428.85. The Dow Jones industrial average was up 60.44 points to 15,275.69, while the S&P 500 index gained 8.43 points to 1,658.77. Both the Dow Jones and the broader market measure, the S&P 500, had record-high closes on Tuesday. The Nasdaq also ended the day positive, climbing 9.01 points to 3,471.62. U.S. indexes were down for most of the morning following the release of a number of disappointing economic reports, but bounced back as the signs of sluggish growth may mean the U.S. Federal Reserve will continue with its monetary stimulus program. The Fed said manufacturing output dropped 0.4 per cent in April — the third decline in four months and the biggest since October as auto companies cranked out fewer cars and most other industries also reduced output. The U.S. Labor Department reported the producer price index, which measures price changes before they reach the consumer, fell a seasonally adjusted 0.7 per cent in April from March. It was the second straight decline. Meanwhile, weak economic data across the eurozone pushed European stocks lower, as news hit that the 17-country currency bloc is now in its longest-ever recession. Germany’s gross domestic product rose 0.1 per cent in the first quarter of the year while the French economy has fallen back into recession. The Toronto stock market plunged more than 100 points Wednesday as traders digested a slew of economic data signalling a possible slowdown in both the Canadian and U.S. economies. The S&P/TSX composite index fell 103.40 points to 12,473.65. Linda Nguyen Toronto stock market dips on weakness in the energy and financials sectors Share this article and your comments with peers on social media read more

Special Student Aspires To Become A Lawyer

first_imgRelatedSpecial Student Aspires To Become A Lawyer Special Student Aspires To Become A Lawyer UncategorizedJune 2, 2008 RelatedSpecial Student Aspires To Become A Lawyer RelatedSpecial Student Aspires To Become A Lawyercenter_img FacebookTwitterWhatsAppEmail Fourteen-year old Machel MCalla aspires to become a lawyer. This dream, though ambitious, is nothing special really, until one considers that just five years ago, Machel, considered a slow learner, was extremely limited in his literary and numeracy skills.His parents, realizing that he could not reach his full potential at the primary school he attended, decided to transfer him to the Woodlawn School of Special Education in Manchester, where he could benefit from specialized attention and care.“The teachers here have helped me to understand difficult things, and they are very loving,” Machel told JIS News.“The school that I was before coming here didn’t have teachers, who would spend time with children like me. My reading and numeracy skills have improved, and I feel that my dream to become a lawyer will be realized,” Machel states.Paulette Spence-Milton, a teacher, who taught Machel at Woodlawn, shares with JIS News the process involved in teaching slow learners. “We spend a great deal of time to help our students pronounce words, we use pictures and others things that they like or feel comfortable with to develop their learning ability. For Machel, his mathematics and reading skills have improved and he is learning fast,” Mrs. Spence-Milton states.Established in 1968, the institution, located in the town of Mandeville, caters to physically and intellectually challenged children age six to 18 years. In addition to providing remedial education, the institution imparts skills in areas such as carpentry, horticulture, agriculture, home economics and dressmaking. The school also offers free counselling services for parents.Acting Principal, Christopher Turner, tells JIS News that the aim of the school is to help the students reach their full potential.“Despite their limitations, we strive to make them productive individuals capable of making valuable contributions to society and themselves, and thereby put them on a path to become independent later on in life,” he states.Mr. Turner, who started teaching at the institution in 1994, informs that the teachers have to spend time with the students so that they can develop and grow.“Over the years, it has been very challenging here, but our staff cooperates. We have a team effort and they exert the kind of energy that is required in this type of environment. The children that we train and teach demand special care, and you have to love them in order to cope. One can’t turn up in the morning and leave at the end of their working hours. You have to be there throughout the day for them,” the acting principal points out.The school is jointly run by the Ministry of Education and the Jamaica Association on Mental Retardation (JAMR). The mission of the JAMR is to create awareness, and lobby for persons with disabilities to have “access to quality education and vocational training, health and other human services and support.”Currently, there are 78 students enrolled at the institution, with six teachers on staff. An annual graduation ceremony is held each year, where the students are given certificates and other awards for excellence in sports, skills training or vocational work.“After graduation we, at times, have to seek opportunities for them,” Mr. Turner tells JIS News. “We are seeing now where persons are more receptive to either employ them or take them into their schools than what we experienced in previous years,” he says.He notes further that “these children, though lacking abilities in some areas, are well capable of participating in a working environment and last year, three of our students took part in the Special Olympics held in China, which was a special moment for all of us.”Natalee Barrette, who teaches a pre-vocational class, advises that parents can help children with disabilities to utilize and acquire other skills by allowing them to do things that they enjoy doing, as long as they are not in danger.“Parents don’t need to be overprotective. In developing their abilities, these children need the love and care of parents and other individuals, who will work with them to bring out what might seem impossible. The greatest thing that they need is love. If they don’t get it, feelings of being left out will cripple them and a lot of negatives will follow,” Ms. Barrette points out. Advertisementslast_img read more

Chelatchie Prairie Railroad to offer Headless Horseman Train Ride

first_img Subscribe Connect with LoginI allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgreeNotify of new follow-up comments new replies to my comments I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). Name*Email*Website Chelatchie Prairie Railroad to offer Headless Horseman Train RidePosted by ClarkCountyToday.comDate: Tuesday, October 15, 2019in: Community News, Entertainment, Peopleshare 0 Rides will take place Oct. 26-27 and will be pulled by the 1941 diesel engine YACOLT — The Chelatchie Prairie Railroad will operate its annual Headless Horseman Train excursion on Sat. & Sun., Oct. 26 & 27. The run will be pulled by a 1941 diesel engine, through a 330-foot solid rock tunnel to the Heisson area with a stop at Moulton Station to visit Yacolt Falls — and the Headless Horseman.The Headless Horseman Train run will travel through a 330-foot solid rock tunnel to the Heisson area with a stop at Moulton Station to visit Yacolt Falls -- and the Headless Horseman. Photo by Mike SchultzThe Headless Horseman Train run will travel through a 330-foot solid rock tunnel to the Heisson area with a stop at Moulton Station to visit Yacolt Falls — and the Headless Horseman. Photo by Mike SchultzThere will be candy and games for the kids and complimentary refreshments for all.With the popularity of this event, a morning train has been added each day. Trains depart at 9:30 a.m., noon, and 2:30 p.m. from the station in Yacolt. Attendees are asked to arrive 30 minutes prior to your scheduled departure time to allow adequate time to pick up your tickets and board the train. Advance reservations are recommended as this is a popular event.Tickets for this diesel event are $18 per person, $17 for military and seniors, $12 for children three to 12. Children up to the age of three are free. To purchase tickets and reserve your spot on this popular and scenic train ride, visit questions, call (360) 686-3559.AdvertisementThis is placeholder textTags:Clark CountyYacoltshare 0 Previous : Ridgefield November First Saturday: Roaring 20’s with wine Next : Prairie High School Drama Club presents musical comedy ‘Curtains’AdvertisementThis is placeholder text guestLabel I allow to create an accountWhen you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you’ll be logged-in to this account.DisagreeAgreecenter_img 0 Comments Inline FeedbacksView all comments guestLabel Name*Email*Websitelast_img read more

Debt Management Branch Being Overhauled

first_img By Bryan Miller, JIS Reporter RelatedDebt Management Branch Being Overhauled FacebookTwitterWhatsAppEmail MONTEGO BAY — The Debt Management Branch of the Ministry of Finance, formerly known as the Debt Management Unit, is undergoing comprehensive overhaul. According to Portfolio Minister, Hon. Audley Shaw, the necessary changes, to allow for additional specialists and software tools, among other things, were in keeping with the fiscal responsibility structure put in place by the Government. “We have entered into a whole new fiscal responsibility framework that allows for a new and higher level of transparency in the management of the financial affairs of the country.  We have placed in law, ceilings on debt, on the size of the deficit, and the level of debt that the country can accumulate,” he stated. Minister Shaw was addressing the 7th Annual Meeting of the Group of Latin America and the Caribbean Debt Management Specialists, on October 19 at the Half Moon Hotel, in Montego Bay.  Parliament, last year, passed amendments to the Financial Administration and Audit Act and the Public Bodies Management and Accountability Act, as part of reforms being undertaken to improve the management of public finances. The Public Bodies Management and Accountability Act seeks to prohibit public bodies from taking steps to enter into negotiations to borrow money, by way of an issue of bonds, without prior approval of the Minister. The Act further seeks to provide for corporate plans of public bodies, and any subsequent modifications of such plans, to be submitted to the Minister for endorsement and laid before the House of Representatives and Senate for approval. The Bill also requires that the Minister lay before the House and the Senate, for approval before the end of each financial year, estimates of revenues and expenditure in respect of all public bodies. The Financial Administration and Audit Act’s amendment seeks to impose a duty on the Minister of Finance to table in Parliament a Fiscal Policy Paper containing, among other things, a macroeconomic framework providing an overview of the state of the economy. It also imposes on the Auditor General, a duty to review the fiscal policy paper and report to Parliament thereon, and to authorise the Finance Minister to withdraw, suspend, or impose conditions on any expenditure authorised under a warrant issued pursuant to section 117 of the Constitution, if the exigencies of the financial situation so require. Minister Shaw told the meeting that had these measures being in place years ago, many of Jamaica’s current debt management challenges might not have occurred, because “they would have informed a higher level of decision making, where fiscal irresponsibility would have been thrown out”. Some 65 delegates from countries across Latin America and the Caribbean are attending the four-day meeting from October 18 to 21. RelatedDebt Management Branch Being Overhauled Debt Management Branch Being Overhauled Finance & Public ServiceOctober 21, 2011 RelatedDebt Management Branch Being Overhauled Advertisementslast_img read more

Minister Falconer Hails Clare Forrester As A ‘Giant Of Caribbean Journalism’

first_imgMinister Falconer Hails Clare Forrester As A ‘Giant Of Caribbean Journalism’JIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay RelatedSearch and Recovery Operations Continue For TBM-900 Aircraft Advertisements RelatedJIS Supports Montego Bay Community College’s Book Fair Minister Falconer Hails Clare Forrester As A ‘Giant Of Caribbean Journalism’ InformationSeptember 16, 2014Written by: OPM Communications Unit Minister of Information, Senator, the Hon. Sandrea Falconer, on Tuesday, September 16, hailed Jamaican journalist and communications practitioner Clare Forrester as a “giant of Caribbean journalism and a lost treasure”. Miss Forrester died in Florida on Monday evening after ailing for some time.Minister Falconer said Miss Forrester was “a sterling example of journalistic excellence, fairness and rigour. Her unflinching devotion to the highest standards of the noble profession was evidenced by her many years of administering the national journalism awards, the fact that she was an adjudicator of the annual Jamaica Broilers Fairplay Awards, as well as the fact that her very last journalistic endeavor was a media review column which assessed the work of her colleagues”.The Information Minster said Miss Forrester was also a committed regionalist, whose skills were made available to the wider Caribbean region, having worked for 20 years as Media and Communications Advisor to the Pan American Health Organization (PAHO.) In 2006, PAHO conferred on her its exceptional leadership award, noting that Ms. Forrester’s “effective journalistic and public relations skills have increased the skills of selective regional journalists to report on health and development matters”.Minister Falconer noted that Miss Forrester was a founding member and general secretary of the Association of the Caribbean Media Workers (ACM) which in 2002 gave her its distinguished service award. Locally, Miss Forrester served for a number of years as Secretary of the Press Association of Jamaica and received its distinguished service award in 2000 and was inducted in the association’s Hall of Fame in 2012.“Clare distinguished herself in all her endeavors: As a journalist serving the Jamaica Information Service and the Natural Resources Conservation Department as well as a journalist covering the field of sports —a task which she undertook with the utmost passion and precision. She has made an indelible contribution to journalism and has bequeathed an enviable track record of distinction, dignity and dedication.“Her ready, endearing smile and her dogged public-spiritedness will be missed, as much as it will also always be cherished. I offer my condolences to her family, friends and many colleagues who mourn at this time”.center_img Story HighlightsMinister of Information, Senator, the Hon. Sandrea Falconer, on Tuesday, September 16, hailed Jamaican journalist and communications practitioner Clare Forrester as a “giant of Caribbean journalismMiss Forrester died in Florida on Monday evening after ailing for some time. The Information Minster said Miss Forrester was also a committed regionalist, whose skills were made available to the wider Caribbean region. Photo: JIS PhotographerMinister with responsibility for Information, Senator the Hon. Sandrea Falconer, addressing Wednesday’s (February 12) Jamaica House press briefing at the Office of the Prime Minister in Kingston. (FILE) RelatedGovernment Confirms Plane Crash FacebookTwitterWhatsAppEmail last_img read more

CK Hutchison completes Austria deal, eyes enterprise

first_img Italy woes continue to hamper CK Hutchison unit Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more Home CK Hutchison completes Austria deal, eyes enterprise Tags Author Tele2 eyes converged boost with Com Hem rebrand Previous ArticleInmarsat, JT team on global IoT playNext ArticleItaly claims to be a year ahead of rest of Europe on 5G Chris Donkin AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 08 NOV 2017 AustriaCK HutchisonTele2Telekom Austria CK Hutchison laid down plans to become the “first choice” for Austria’s enterprise customers after combining its newly acquired fixed business from Tele2 and existing Drei operation in the country.Its aim was revealed as CK Hutchison completed its €95 million acquisition of Tele2’s Austrian unit, which is set to be rebranded by Q2 2018.The company said the addition of Tele2’s fixed and enterprise portfolio would allow it to be an “attractive alternative to the ex-Monopolist” and aimed to be “the first choice for Austrian companies interested in new contracts”.Tele2 Austria competes with Telekom Austria in the residential and enterprise fixed connectivity markets.Drei is the third largest mobile operator in the country – behind Telekom Austria’s A1 Telekom and Deutsche Telekom’s T-Mobile – with a share of around 26 per cent, according to GSMA Intelligence figures.“With the Tele2 takeover, we want to stimulate Austria’s price- and offer-based competition in the landline segment,” Drei CEO Jan Trionow added. “The takeover’s main goal is revenue growth. With Tele2 on board we will increase our revenue to more than €1 billion and want to become market leader with new business customers.”The merger was approved by regulators in October after being first announced in July. Related Tele2 set for exec team shake-uplast_img read more

Phil’s having a blast at Match Play

first_imgAUSTIN, Texas – On the eve of the final round last year at the FedEx St. Jude Classic, Daniel Berger gave a glimpse into the psyche of a champion. With Phil Mickelson looming in second place, just three shots behind Berger, the second-year PGA Tour player was asked his thoughts on Lefty’s close proximity. “I like to call Phil ‘Philip.’ He says only his wife calls him that. I can’t call him that until I win on the PGA Tour,” smiled Berger, who would go on to win the 2016 St. Jude Classic. “But I still call him that anyway. I don’t care. It is what it is.” That evening your scribe ran across Mickelson and told him Berger’s “Philip” story: “That’s awesome,” Lefty beamed, “you have to have that out here.” In Berger, Mickelson sees a kindred spirit, a younger iteration of the player who won on Tour before he even turned pro and thrives on the challenge almost as much as he does the competition. That connection at least partially explained Mickelson’s smile on Thursday at the WGC-Dell Technologies Match Play when he set out for his Day 2 match against Berger in some of the most demanding conditions on Tour this season with winds gusting to 35 mph through the Texas hill country. Mickelson, fresh off a Day 1 victory over Si Woo Kim, was solid, mostly with his driver that’s becoming something of a pillar in his game, on his way to a 4-up advantage through eight holes. From there, it became a very Mickelson-esque round with Berger playing the role of wayward contender. Mickelson halved holes with a double bogey (No. 9), bogey (No. 12) and bogey (No, 13), and he won a hole with a par (No. 8). During that stretch Berger was 5 over par, and that didn’t include an approach shot at the 14th hole that was pulled badly into the Colorado River that ended the match. WGC-Dell Technologies Match Play: Full bracket | Scoring | Group standings WGC-Dell Technologies Match Play: Articles, photos and videos For the second time this week, Mickelson hasn’t been pushed past the 16th hole. In fact, he hasn’t even seen the final three holes since last year’s Match Play, having skipped that stretch during his practice round. “I’m having fun,” he said. “The greens are severely pitched, very fast and firm and that makes it very difficult. I find that the mixture of holes from birdie holes to tougher pars is fun.” There’s also something to be said for this week’s format, which brings out the best in Mickelson’s competitive moxie and allows for the occasional foul ball that has always been a part of Lefty’s persona. “The fact that you are not adding up every shot allows you to be not quite as focused on every shot,” he said. That’s not to say Mickelson and the Match Play have always been a perfect match. In 12 starts at the event, including the first Match Play in 1999, he’s advanced past the third round just once, in ’04 when he lost in the quarterfinals, and there was a four-year window when he skipped the World Golf Championship beginning in ’12. Although his passion for the Ryder and Presidents cups, which use the same format, is well documented, that hasn’t necessarily translated to the Match Play. “It’s a little different because you don’t have that team environment. You don’t have teammates and partners. You don’t have the team room where everybody is talking smack and having fun,” Mickelson said. “Here I don’t really talk too much because I don’t want to cause a rift or cause any problems. So it’s a totally different feel and environment than, say, the Presidents Cup or Ryder Cup.” But as Mickelson talked about his match against Berger his mannerisms, his emotions, had a similar energy to the biennial team matches. After having something of a meltdown with his driving over the weekend at the WGC-Mexico Championship, he’s largely kept the ball in play, hitting 7 of 12 fairways on Day 1 and 6 of 11 on Thursday. His miscues earlier this month in Mexico City, Mickelson said, were a “relapse,” but his work with swing coach Andrew Getson has produced a much more consistent game from the tee and restored much of Lefty’s confidence. The Match Play is one of two WGCs that Mickelson hasn’t won, a statistical oddity considering his affinity for the format, and he can secure himself a trip to the round of 16 with a victory on Friday against J.B. Holmes or if Berger drops his match against Kim. It would set up arguably his best chance to win the event in his career, which prompted one reporter to ask if it was fair to say he had a little extra motivation to win this week and fill a hole in his resume? “You can, but this isn’t the one,” he smiled in a not-so-subtle reference to the U.S. Open which he hasn’t won. Fair enough, but that same drive that Mickelson admires in Berger will only further inspire him the deeper he plays into the weekend.last_img read more