Category: kccok

TSX lifted by earnings miners drag amid falling commodities

Canada’s main stock index was slightly higher Wednesday amid strong earnings reports from the two big railways and glum news from China’s financial sector.The S&P/TSX composite index rose 11.96 points to 13,260.02 at midmorning, following six straight advances for the Toronto market.The Canadian dollar, already down early in the session, dropped further after the Bank of Canada announced economic growth will be lower than expected through 2015.At midmorning, the loonie was down 0.74 of a cent at 96.45 cents US from Tuesday’s close. It had been down just 0.36 of a cent US shortly before the central bank’s announcement.U.S. indexes were also lower after a string of gains as traders took in positive earnings from Boeing and a disappointment from Caterpillar.The Dow Jones industrials lost 75.33 points to 15,392.33, the Nasdaq declined 33.96 points to 3,895.61 and the S&P 500 index was down 10.97 points to 1,743.7.Canada’s two largest railroads both reported strong earnings results that beat analyst estimates on several key measures.Canadian National Railway (TSX:CNR) said after the close Tuesday that quarterly profits climbed 6.1 per cent to $705 million.CN also posted adjusted earnings of $1.72 a share, a dime better than estimates. Revenue came in at $2.7 billion, against estimates of $2.64 billion and its shares ran up $2.85 to $112.60 after hitting a new 52-week high of $112.75.On Wednesday, Canadian Pacific Railway (TSX:CP) posted record earnings and the lowest operating ratio in its history in the third quarter as revenue rose by six per cent from last year to $1.5 billion.CP’s net income was $324 million or $1.84 per diluted share, up from $224 million or $1.30 per share in the third quarter of 2012. CP’s operating ratio improved to 65.9 per cent, down from 74.1 per cent. Its shares jumped $7.04 to $141.78.Electronics manufacturer Celestica Inc. (TSX:CLS) reported an increase in third-quarter net earnings despite a decline in revenue as a result of last year’s loss of its manufacturing contract with BlackBerry (TSX:BB).Celestica says net earnings improved to US$57.4 million or 31 cents per share from $43.7 million or 21 cents in the prior-year period. Revenue slumped to US$1.49 billion from more than US$1.57 billion in the 2012 quarter and its shares gained 61 cents to $11.39.Encana Corp. (TSX:ECA) says it had US$150 million or 20 cents per share in operating earnings in the third quarter, a big drop from $263 million a year ago but better than expected.The Canadian natural gas giant also said it is also reducing its 2013 target range for capital spending to between $2.7 billion and $2.9 billion. Its shares were 17 cents higher at $18.96.It was a mixed bag in the U.S. where Caterpillar shares were down $5.17 or 5.8 per cent to US$84 after the maker of heavy equipment cut its 2013 revenue forecast to US$55 billion from earlier estimates of $56 billion to $58 billion.Caterpillar earned $946 million, or $1.45 a share, in the third quarter, down from $1.7 billion, or $2.54 a share, a year ago. Total sales and revenue fell to $13.42 billion from $16.45 billion. Analysts expected earnings of $1.68 a share on revenue of $14.29 billion.Aircraft maker Boeing reported third-quarter profit rose 12 per cent to $1.2 billion, or $1.51 a share. Ex-items, earnings per shares came in at $1.80 per share, up from $1.55 a year earlier. Revenue rose to $22.1 billion, from $20 billion a year earlier. Analysts had expected earnings of $1.51 a share on revenue of $21.7 billion.Boeing also raised its full-year 2013 earnings expectations and its shares rose $6.84 or 5.58 per cent to $129.32.Commodity prices were sharply lower amid speculation that the People’s Bank of China may tighten monetary policy to cool a hot property market.China reported Tuesday that house prices surged in some cities including Guangzhou/Shenzhen where prices jumped 20 per cent year over year, Shanghai jumped 17 per cent year over year while Beijing was up 16 per cent year over year.The PBoC reported Wednesday that outstanding real estate loans are up 19 per cent from a year ago.There was also a report that the amount of bad loans written off by China’s largest banks swelled in the first half of the year.The market was dragged down by a 2.4 per cent slide in the base metals sector as December copper lost six cents to US$3.28 a pound. Teck Resources (TSX:TCK.B) fell 89 cents to C$28.83.The energy sector was down 0.8 per cent as the December crude contract on the New York Mercantile Exchange dropped $1.57 to US$96.73 a barrel, its lowest level since late June. Suncor Energy (TSX:SU) fell 55 cents to C$36.96.The gold sector slipped 0.26 per cent as bullion prices also headed downward with the December bullion contract down $8.90 to US$1,333.70 an ounce.European bourses were negative with London’s FTSE 100 index down 0.55 per cent, Frankfurt’s DAX declined 0.38 per cent while the Paris CAC 40 fell 0.95 per cent.Earlier in Asia, China’s Shanghai Composite Index fell 1.3 per cent, Hong Kong’s Hang Seng shed 1.4 per cent, Japan’s Nikkei 225 tumbled two per cent while Australia’s S&P/ASX 200 fell 0.3 per cent. read more

Sunshine Heights Primary School to hold Olympics Day

first_imgIf you thought the Olympics lacked a few sports, Sunshine Height Primary school will be showcasing some new events the Olympic committee might like to consider. On 8 August, the school’s Olympics day will see the students competing for gold in sack racing, beanbag throwing and sand castle making to name just a few. The usual events – sprints, long jump, discus – might not draw such a big crowd. Celebrating the 2012 London Olympics, the students will start the day with an opening ceremony that will include the schools own Olympian graduate, Jeff Olver. At the end of the day the fastest students will have a race off. Members of the community are invited to attend and can contact the principal Alex Artavilla on 03 93112910 or 0407834434 or email artavilla.alex.a@edumail.vic.gov.au Facebook Twitter: @NeosKosmos Instagramlast_img read more

Help Ziff Davis Enterprise Pick a New Name

first_imgLast week while researching a story on how confusingly similar b-to-b company names are (Ascend, Aspire, Summit Media, Summit Business Media et al) Steve Weitzner, the president of Ziff Davis Enterprise, told me that “about the third time I had to explain to a customer that we aren’t that Ziff Davis, we’re the other Ziff Davis, I realized we needed a name change.”Weitzner says the company is working on a name change but is in no rush. “We only want to change it once.”So, in the true spirit of b-to-b service journalism, I thought it’d be nice if we all help Ziff Davis Enterprise brainstorm new names. I’d do it myself, but I’m not sure Not That Ziff Davis (NTZD Inc.) is what they’re going for. Leave your idea for Ziff Davis Enterprise’s new name in the comments section below, and we’ll add ‘em to the shortlist.And while you’re at it, let’s come up with a new name for Summit Media too. Who knows? Maybe they’ll actually use ‘em …last_img read more

Liberty Media buys Formula 1 in £6bn deal

first_imgUS group Liberty Media is close to taking control of Formula 1 in an $8.5bn (£6.5bn) deal, according to reports.The investment group, which also owns Virgin Media, is in advanced talks with CVC Partners, the US private equity group which controls the motorsport, said the Financial Times and German magazine Auto Motor und Sport. Liberty Media is owned by US billionaire John Malone.A deal could be hammered out within the next two weeks.CVC Capital Partners, which has a 35% stake in F1 has held a major share of the sport for the past decade. But for the past several years the sport has been swept by rumours that it wants to sell its holding.A host of other parties have previously been linked with buying into F1 including Qatar Sports Investments, which owns Paris Saint-Germain football club; and Stephen Ross, owner of the Miami Dolphins football team.If the deal goes ahead Chase Carey, the executive vice-chairman of US media group 21st Century Fox, is expected to become chairman of F1.However, a question mark remains over the future role of F1s longstanding chief executive Bernie Ecclestone, 85, who owns 5% of the sports parent company. At the Italian Grand Prix at Monza this weekend, Mr Ecclestone told reporters that Liberty are getting a lot of publicity out of their deals.It remains unclear whether Ecclestone is in favour of a deal with Liberty.F1 was not immediately available for comment.last_img read more

Damaged Oaks May Lead to Carter Vs Dixon For the 41st

first_imgBy Stephen Janis, Special to the AFROTechnically the 41st district Senate seat is still occupied by long time legislator Nathaniel Oaks. However, the pending corruption charges against him have fueled speculation that two high profile candidates may vie for it next June when the democratic primaries are held for state office seekers:  Former Baltimore Mayor Sheila Dixon and ex-State Delegate Jill Carter.Two formidable Baltimore politicians, former Baltimore Mayor Sheila Dixon and former 41st District Del. Jill Carter may be eyeing the 41st District State Senate seat currently held by embattled Sen. Nathaniel Oaks. (Courtesy Photos)The potential matchup would pit two of the city’s best known and most formidable politicians in a battle for the 41st district senate seat, and offer a rematch between a former mayor who resigned from office and the top vote getter in that district.“They might smell blood in the water,” said Delegate Curt Anderson (D-43).  “Depending on what happens with the charges.”Oaks was appointed to the seat after Lisa Gladden resigned in 2016 due to health reasons.   But six months after joining the senate he was indicted on nine counts of bribery and fraud charges for allegedly accepting payments in exchange for helping FBI informants to procure a federal housing contract.His trial is scheduled to begin in May.Both Carter and Dixon have name recognition and decades of experience in public office.  But in the 41st, Carter would hold the advantage some say due to her commanding vote tallies in previous elections.“Jill certainly has won by a wide margin in the district, “Anderson said.Still, neither candidate has formally announced their intention to run. Dixon told the AFRO she is still in the process of weighing her options.“I’m between 50 percent to 75 percent,” she said. “I’m waiting to meet with some key constituents to get their input before I decide.”Former Delegate Carter who currently heads the city’s Civil Rights and Wage enforcement office says she is considering running but has also not decided.“At this point I am not saying I will run, I am being asked forcefully by many people to run,” Carter said.But the lack of clarity on who will be on ballot next year didn’t stop either candidate from criticizing their prospective opponent.“Why didn’t she go for the seat when it was open,” Dixon said, referring to the process during which Oaks was selected by the Democratic Central Committee.“I think the 41st district has been neglected and I can use my skills and experience to change that.”But Carter was more blunt, noting Dixon’s prosecution for corruption while she was mayor and subsequent resignation shortly after her conviction in 2010.“Time for her to give it up.  She had a long career in politics and it ended badly.  It’s over and that’s that,” Carter said.Since he was charged Oaks has maintained his innocence and has given no indications that he will step down, perhaps making the electoral machinations even more dicey.“Technically his trial could be postponed,” Anderson noted.Oaks did not return a request for comment,The potential battle in the 41st comes amid a flurry of challenges to sitting state senators that are making the upcoming campaign season unusually active.   State Delegate Cory McCray (D-45), has announced a run for the 45th district seat held by Nathaniel McFadden.  Similarly, Delegate Antonio Hayes (D-40), recently threw his hat into the ring in the 40th to unseat Senator Barbara Robinson.State Delegate Mary Washington (D-43) has filed to challenge Senator Joan Carter- Conway, who has held the 43rd district senate seat for nearly 20 years.  She says the upstart campaigns are a response to constituents who want more engaged representatives.“I think what a lot of us understand is there is a grassroots push to be more engaged,” she said.  “The electorate is not accepting the top down approach anymore.”last_img read more

This town was just named the friendliest in all of Canada

first_img<< Previous PostNext Post >> Posted by This town was just named the friendliest in all of Canada Share TORONTO – How do you determine who is the nicest in a group of people? Do they all simply defer to their neighbour, kindly forfeiting the prize in a show of ultimate humility?Luckily for residents of 25 Canadian cities and town, they won’t have to battle it out for the title of Friendliest Community in Canada because Expedia has done the job for them. The travel company has just released its second annual friendliness report that ranks the country’s nicest towns in 2018 using hotel review data from 2017. Out of a list of over 750 destinations, the towns and communities on the list all had at least 100 reviews and an impressive four-star rating or higher.So which town beat out all others on the friendly list? None other than Niagara-on-the-Lake in Ontario, the popular vacation hotspot known for its quaint B&Bs, wineries and, of course, nearby Niagara Falls. Expedia praised the destination for its smorgasbord of chocolates and its landmark Just Christmas store, known for being the oldest year-round Christmas Emporium in Canada.More news:  Can you guess the top Instagrammed wedding locations in the world?How a could a place that loves Christmas not be considered a friendly place to visit?As for the rest of the Top 25, check them out below – did you hometown make the list?Niagara-on-the-Lake, ONAirdrie, ABTofino, BCTruro, NSSherwood Park, ABLeduc, ABHuntsville, ONVaughan, ONSault Ste. Marie, ONHalifax, NSJohn’s, NLPeterborough, ONDartmouth, NSSaskatoon, SKUcluelet, BCOttawa, ONCourtenay, BCInvermere, BCRadium Hot Springs, BCNelson, BCCharlottetown, PEIFernie, BCVictoria, BCEnfield, NSQuebec City, QCTo see the list go to https://www.expedia.ca/travelblog/travelblog/friendliest-communities-and-towns-in-canada-2018/.center_img Travelweek Group Tags: Canada, Expedia Wednesday, June 20, 2018 last_img read more

Arenal Report

first_imgNo related posts. For all of you Patriot fans, the official week of mourning is over. Take off the black armbands, because it’s time to gear-up for all-out revenge, even if it’s achieved via San Francisco. What is a 49er, anyway, a shoe size? I.Q.? Waist measurement? Who cares, so long as they pound the Baltimore Blackbirds into shameful oblivion.The free bar-buffet provided by the Sunset Grill for last year’s Superbowl was so popular that owner Patrick Hughes plans to expand the selections this year.In addition, Master Sushi Chef Oz will be working his magic from a menu featuring 36 different types of sushi. Sunset’s enormous widescreen TV makes you feel like you’re on the sidelines watching the game. There will be a football pool, but you won’t need your swimsuits.The Iguana’s Tropical bar and Grill will host its first Superbowl this year. Free bocas with any first beverage, ceviche for $1 with any drink, a BBQ rib dinner special, sangria pitchers, chicken quesadillas, famous onion rings and Raven wings and Iguana’s prize-winning Texas chili will be featured. Three widescreen TVs ensure viewing from anywhere. A 100-square football pool will add excitement, with winners announced after each quarter. Square selections begin today and players must be present to receive their prizes. Will the girls be wearing cheerleader outfits? We hope so, but can’t promise anything.Earlier in the day on Superbowl Sunday there will be a recreational mountain bike ride to Coter Lake. Staging area is the Nuevo Arenal soccer field at 9 a.m. Don’t forget to apply sunblock, and bring fluids to maintain hydration.–William & Jean Priestjean_pri@msn.com Facebook Commentslast_img read more

1000perpill drug overtaken by pricier successor

first_imgWASHINGTON (AP) — The $1,000 pill for a liver-wasting viral infection that made headlines last year is no longer the favorite of patients and doctors.The new leading pill for hepatitis C is more expensive, and the number of patients seeking a cure has surged.Sovaldi, last year’s wonder drug, has been pushed aside by a successor called Harvoni, made by the same company. The sticker price for Harvoni is $1,350 a pill. How Arizona is preparing the leader of the next generation “I would have had to basically deplete my entire retirement,” Rosario said. “As much as I wanted to be cured, I would have not gone through the treatment and waited for another option.”Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. How do cataracts affect your vision? Gilead spokeswoman Cara Miller said the company is working with public programs and private insurers to broaden access. Gilead estimates that 80 percent of insured people with hepatitis C have coverage for its medications.“We are pleased that many payers have recognized the value of our single-tablet regimen for hepatitis C and, in most cases, have chosen to open up broad access on their formularies,” Miller said. The company says its drugs will save the system money in the long run.Hepatitis C is complex, and treatments differ for its subtypes. Patients say it feels like a deep, never-ending fatigue. While the disease advances gradually, it can ultimately destroy the liver, and transplants average $577,000. It’s also a public health concern, since it can be transmitted by contact with infected blood, by drug users sharing needles, and sometimes through sexual activity.Daniel Rosario, a New Yorker who works in retail, said his insurer would not pay for Harvoni because his hepatitis C hadn’t advanced to the point of severe liver damage. He finally got his prescription at no charge through Gilead’s patient assistance program, which took into account his income. Top Stories SURGE OF PATIENTSThe number of prescriptions filled for hepatitis C drugs has more than doubled, from an average of 20,600 a month during the first three months of last year to a monthly average of 48,000 for the same period this year, according to IMS.“People are coming in who never wanted to be treated before,” said Dr. Douglas Dieterich, director of outpatient liver disease treatment at Mount Sinai Hospital in New York City. “When I started in 1989, I used to have a 3 percent cure rate. Now I have a 3 percent failure rate.”___SIMPLICITY’S APPEALHarvoni, the new pill from California-based Gilead Sciences, accounted for about three-fourths of the prescriptions filled for hepatitis C drugs in the first three months of this year, IMS said.A big part of the reason is simplicity, explained Dieterich. Patients on Harvoni need only take a single pill daily, for 12 weeks in most cases. Previously, patients took combinations of drugs.Harvoni quickly rose to the top after its approval last fall, with monthly sales crossing the $1-billion mark by January.Another new drug, Viekira Pak, is gaining market share but appears to be far behind. It’s an equally effective cure and priced lower. Comments   Share   Still, Viekira Pak is a four-pill daily combination, and patients have to take another antiviral drug as well. It was introduced late last year by Illinois-based AbbVie.The extent of Viekira Pak’s inroads is hard to discern. The company has not disclosed prescription volumes. And a major pharmacy that promotes the drug does not report hepatitis C data to IMS.___NOT MANY DEEP DISCOUNTSDRX’s analysis of prices paid by private health plans shows the median discount for Harvoni was 13.7 percent between April and June.That reflects a modest price break for most insurers, including those delivering Medicare’s prescription drug benefit, said DRX executive vice president Jim Yocum.“This sets the stage for some of the new cancer drugs coming out, both in terms of a vast improvement in effectiveness and a vast increase in prices,” said Yocum. “This is a concern not only for commercial health plans, but for Medicare.”Medicare is barred from negotiating drug prices.___State Medicaid programs, however, and the federal Veterans Affairs health system are legally entitled to deep discounts.Matt Salo, executive director of the National Association of Medicaid Directors, said competition from Viekira Pak has enabled states to win bigger rebates from the manufacturers. But Salo says cost remains a “major, major problem” because of the large number of people with hepatitis C. At the median discounted price, a 12-week treatment regimen of Harvoni costs about $98,000.center_img Ex-FBI agent details raid on Phoenix body donation facility New Valley school lets students pick career-path academies Here’s how to repair and patch damaged drywall Mesa family survives lightning strike to home 5 greatest Kentucky Derby finishes Sponsored Stories The fast-paced changes in hepatitis C treatment are being watched closely amid fears that breakthrough drugs could reignite the rise of U.S. health care costs. Other medications that could turn into cost drivers include a new treatment for melanoma and a cholesterol-lowering drug awaiting approval. More hepatitis C drugs are also headed to market.Hepatitis C affects some 3 million people in the U.S. and claims more lives here than AIDS. With the new drugs, patients finally have a choice among highly effective cures with minimal side effects. Previous treatments were hit and miss, and many patients couldn’t tolerate the side effects. But newfound choice doesn’t seem to have led to widespread price competition.“As a society we need a way of determining what is a reasonable price at the time of introduction of a new drug,” said Stephen Schondelmeyer, a University of Minnesota professor who specializes in pharmaceutical economics. “We have expanded coverage, but we haven’t done anything to control costs on the pricing side.”The Associated Press asked two companies that track the prescription drug market for a hepatitis C update. IMS Health collects data on pharmacy prescriptions and sales, while DRX surveys prices paid by private health plans and prescription benefit managers. What they found:last_img read more

GLENDALE Ariz — Jonathan Cooper says hes ready

first_imgGLENDALE, Ariz. — Jonathan Cooper says he’s ready to go.The Arizona Cardinals’ left guard has not played in a game since breaking his leg in the team’s third preseason game last August. After finally getting a chance to step back on the field at University of Phoenix Stadium and practice with his team, he declared himself ready to go.“It was awesome,” he said after day one of training camp. “I felt a little better than I did at OTAs, a little bit more comfortable. I think it just helped to be able to read and react, not be thinking so much. Just go out there and play, it felt pretty good. – / 22 “It’s exciting, just trying to play for the guys beside me and having fans there, that definitely boosts the morale of the practice,” he said. “It felt great to get out there.” Former Cardinals kicker Phil Dawson retires Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelocenter_img Derrick Hall satisfied with D-backs’ buying and selling Comments   Share   “It will definitely be a different story once pads get on, then it will be the true test. But for now, I’m pleased.”For sure, Cooper will not really be able to know how ready he is until he is asked to hit somebody and, in essence, do the very thing that led to his injury in the first place. He’s had plenty of time to get ready for and think about this moment, having spent all of last season on Injured Reserve unable to contribute.But now he’s back and expected to solidify a revamped offense line. The seventh pick in the 2013 draft out of North Carolina, the only questions surrounding Cooper are related to his health, not his ability. Cooper added that Saturday was his “litmus test” as far as telling how far he’s come in his recovery, and since he felt great then, he’s excited to continue forward with his progression, with the next step being putting the pads on and dealing with contact. Only then will he know he’s truly back.That will happen Monday. Until then, just as it was Saturday, Cooper and the team will go through practice without pads on but in front of fans. It’s the first time that’s happened for him since the injury. Grace expects Greinke trade to have emotional impactlast_img read more

Go back to the enewsletter Six Senses Hotels Re

first_imgGo back to the e-newsletter >Six Senses Hotels Resorts Spas is delighted to announce the launch of a social media feed aggregator on the brand’s website. The new platform called The Edit by Six Senses aggregates user generated and brand content through the use of hashtags and key words in social platform posts.Titled The Edit by Six Senses, guests visiting the website of Six Senses can enter into the social media world of the brand through the group’s home page or via dedicated microsite, http://theedit.sixsenses.com. Pulling content from Facebook, Pinterest, YouTube, Twitter and Instagram, The Edit by Six Senses, features the best and most interesting content shared by users as well as Six Senses resorts and spas. Updates to the feed occur daily, so the content is always changing.Six Senses prioritized the importance of connecting with guests and fans at a deeper level through social media in 2015. The brand’s objectives were to grow its social IQ by educating Six Senses hosts about the most important social media channels and functionality, while simultaneously inspiring guests through the publishing of rich, engaging content. Teams were selected as social media ambassadors at all resorts and in the spa division and the most talented individuals joined the Six Senses Social Media Academy which ran over a period of eight months. Channel tutorials were held on a monthly basis and included daily homework, channel testing and a final exam.“We are now ready to elevate our efforts and celebrate our social media success through the launch of The Edit by Six Senses. This dedicated micro site, not only allows us to curate the best content, but makes it easy for guests to search content, photos and videos by property location and subject,” said Julia Gajcak, Vice President Marketing and Communications. “We’ve seen some tremendous work and creative content developed at all levels of the organization and look forward to evolving our social media and online presence in the months ahead.”The brand’s first campaign entitled #outoftheordinary celebrates what makes the unique group of resorts and spas so special. From paragliding arrivals off a mountain cliff in Oman at Six Senses Zighy Bay; oenology and wine certification programs in Portugal at Six Senses Douro Valley; to behind the scenes access to pandas in China at Six Senses Qing Cheng Mountain.Go back to the e-newsletter >last_img read more

Go back to the enewsletter Sanctuary Retreats Glo

first_imgGo back to the enewsletterSanctuary Retreats‘ Global Director of Sales & Marketing, Pieter van der Schee, was in Sydney late last month to update trade partners, travel advisors and media on the group’s current transitional period, which includes investment in Africa, China and Egypt as the company looks to drive change and improvement in the industry.The renewed investment includes the recent upgrade of Sanctuary Retreats Sun Boat IV which operates on the Nile in Egypt. Sanctuary Retreats is a collection of 12 luxury African safari camps & lodges and six luxury cruise ships in Myanmar, China and Egypt.Sanctuary Retreats has a long record of creating authentic, luxury safaris, not just with camps and lodges in the most iconic locations in Africa – such as the Masai Mara, the Serengeti, near the Victoria Falls and in the Okavango Delta – and reflecting the natural environment in the buildings, but also through some of the very best guides and professional but warm, friendly service from the staff who come from the local communities.A few years ago, however, Sanctuary Retreats noticed that travellers from Australia and around the world are changing. Although they still want to experience the heart and soul of Africa, tastes in design and style have changed, and Sanctuary Retreats is leading this change with a massive investment in upgrading our portfolio.The rustic atmosphere of the past decades is being replaced by contemporary designs, much brighter and more elegant, opening up the tents and rooms to let the natural surroundings speak for themselves, instead of trying to replicate them on the inside. Some of the camps and lodges are brand new, from the ground up, while some are renovations and re-designs, but always transforming the experience and sense of Africa to keep honouring this wonderful continent.Sanctuary Retreats’ Global Director of Sales & Marketing, Pieter van der Schee, in Sydney recently.In addition to the Nile, the luxury travel company has river cruises boats in China and Myanmar, but it’s Egypt where Sanctuary sees the biggest growth in the year ahead.“Enquiries and bookings for our cruises on the Nile are booming as Australians are re-discovering the truly amazing artworks, temples and tombs of the ancient Egyptians located along the Nile’s river banks. And now is a great time to go there because it’s still quiet when you’re visiting the temples which gives you a great chance to see the highlights from up-close and at your leisure,” van der Schee said.Upgrades are also planned for Sanctuary’s other vessels, Sanctuary Sun Boat III, Nile Adventurer, Sanctuary Zein Nile Chateau).“We are proud that we have operated our entire fleet in Egypt throughout the quieter years, making sure our boats and staff are ready to offer an unrivalled luxury and sophisticated experience to the new influx of visitors to Egypt,” van der Schee added.In Myanmar, Sanctuary has been operating Ananda since 2014, a custom-built, state-of-the-art ship that combines the comforts of 5-star contemporary luxury with the refined elegance of authentic Burmese design.Ananda is already established as one of the most luxurious river cruise ships in Myanmar, but last year Sanctuary Retreats enhanced the offering still further, partnering with French skincare brand, L’Occitane en Provence, to offer a new spa experience aboard its luxurious river cruise ship. Named after a paddle steamer in the old Irrawaddy Flotilla, L’Occitane’s first cruise spa, Thambyadine Spa by L’Occitane, is located on the Yangon Deck, and offers a range of therapies from two treatment rooms for guests of the 21-suite river cruise ship.Last year, Sanctuary also saw the relaunch of the company’s Sanctuary Yangzi Explorer in China following a comprehensive refurbishment.A cruise on the Yangtze River is a real must-do experience as part of a China trip and the new-look Sanctuary Yangzi Explorer offers an authentic and ultimate cruise with unprecedented 1:1 service.  The ship has 38 deluxe cabins which are the largest entry-level cabins on the river as well as 20 suites and 4 specialty suites, and all of them have private balconies.LATTE attended the intimate lunch with Sanctuary Retreats at Bentley Restaurant & Bar in Sydney on Wednesday 24 October.Lead image: Pieter van der Schee, Global Director Sales & Marketing for Sanctuary Retreats, Mary Morton, Director of ID Collective and Michael McCall, Director of  Sales, Australia and Asia.Go back to the enewsletterlast_img read more

Greek businessman who attended presidents inauguration invades pitch with pistol

first_imgThe owner of Paok Thessalonikis, tipped to buy a Church-controlled television station in Cyprus and who attended the president’s inauguration at the invitation of the archbishop, went onto the pitch apparently armed with a pistol to protest over a disallowed goal during a match on Sunday with another Greek team, AEK.Russian-born Ivan Savvidis, one of Greece’s richest men, walked onto the pitch during an interruption in the match on Sunday night in Thessaloniki when referee Georgios Kominis disallowed a goal from Paok’s Fernando Varela in the 89th minute. Until then the match had been a goalless draw.Savvidis, who was flanked by his bodyguards, wore a holster on his waist containing what appeared to be a revolver, though he did not remove it during the ensuing fracas.Russian-born Greek businessman and owner of PAOK Salonika, Ivan Savvides (C), pictured with what appears to be a gun in a holster, enters the pitchAEK officials claimed Savvidis threatened the referee during his foray onto the pitch, before being pulled away.The referee finally allowed the goal about two hours later.On Monday, Greece’s sports minister promised to take ‘bold decisions’.Images of “persons entering sports grounds armed” harm PAOK and football in general, Greek Deputy Culture and Sports Minister Georgios Vassiliadis said in a written statement.“Such extreme phenomena call for bold decisions,” he said, without elaborating.On Monday afternoon Greece suspended its first division fixtures indefinitely.Savvidis was born in Georgia of Greek heritage and is a former member of the Russian parliament. He has holdings in assets ranging from Thessaloniki port to tobacco and media companies.Earlier this month, Savvides attended President Nicos Anastasiades’ inauguration ceremony in parliament at the invitation of Archbishop Chrysostomos.Reports had linked him with the possible acquisition of TVOne, the television channel owned by the Church of Cyprus, but nothing official has been made public.Savvidis is not a newcomer to the mass media business. In August last year, he acquired around one-fifth of Greece’s Mega Channel from Greek businessman Fotis Bobolas for a consideration of €5m. Two months later, Savvidis sold his stake to Cyprus’s Elenovo Ltd, a company headquartered in the same building, which houses the Limassol-based law firm Andreas Sofocleous and Co. LLC.In July 2017, Savvidi also acquired two Greek newspapers, Ethnos, including its Sunday edition, and Imerisia, plus their logos for a total of €3.6m.The newspapers were also affiliated with the Bobolas family.You May LikeDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoKelley Blue Book10 Electric Cars That Last the LongestKelley Blue BookUndo Turkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoPensioner dies after crash on Paphos-Polis roadUndoConcern over falling tourism numbersUndoby Taboolaby Taboolalast_img read more

Final solution to landfill problem expected next week

first_imgThe growing pressure to finally shut down Kotsiatis landfill went all the way to the presidential palace on Wednesday with Agriculture Minister Costas Kadis saying that a final solution is expected to be reached by next week.Following a meeting at the palace, chaired by President Nicos Anastasiades, Kadis said that the deadline extension given by the EU to close down the landfill expired at the end of last year and that Cyprus is now in a difficult spot.“Therefore, our priority is to move fast and make final any arrangements,” Kadis said.The Kotsiatis rubbish dump was supposed to close in 2009. After a plan to build a separate waste-management plant in Nicosia was scrapped, it was decided to transfer rubbish from Kotsiatis to the Koshi plant in Larnaca. Procedures for this were delayed following the bribery scandals and ensuing trials concerning Helector, the company running Koshi and Paphos sanitary landfills.The issue was even further delayed following constant rejections by the Central Committee on Changes and Claims (KEAA) of deals agreed between the government and Helector on the management of the Nicosia district’s garbage.The KEAA reportedly rejected last week the latest deal – the fourth rejected by the committee – because it disagreed with the estimated cost per tonne of garbage, in place since 2016. The committee, according to daily Politis, demanded lower costs which could spare the tax payer around €2m.The meeting at the presidential palace on WednesdayKadis said that the president had given instructions for the competent state services to renegotiate with Helector and if possible reach an agreement based on the terms set by the KEAA.“The guidelines given by the president is to move ahead the soonest possible. It is expected that we will reach to a conclusion one way or another within the coming days,” Kadis said. He added that if consultations with Helector fail, the government is also looking into all alternative solutions.On the reservations expressed recently by Auditor-general, Odysseas Michaelides, on any agreement with Helector, citing the ongoing bribery trial, Kadis said these had been taken into consideration, “but one must see how the wider public interest is being served”.Kadis said that the closure of Kotsiatis is still pending and if the EU imposes infringement fines Cyprus would have to pay millions of euros.“All this ought to be taken into account within the framework of serving the public interest,” Kadis said.Michaelides, who took part in the meeting, expressed last week his opposition to any supplementary deal with Helector to extend the Koshi agreement, citing possible provisions which could harm public interest.Michaelides said that the inclusion of any unequal clauses burdening the government and paying any amount “which may include serious overpayments, harms public interest”.He had said that the lump sum of €20m which the agriculture ministry proposes to give to the contractor “as a supposed due amount” was too much and should not exceed €13m.Former Agriculture Minister, Nicos Kouyialis, said last year that the government owed to Helector more than €17m for operation fees since January 2015.Last week residents of villages neighbouring the landfill threatened to block within 15 days all roads leading to the dump in protest over constant postponements to its closure, citing health and safety hazards. A fire at the dump at the end of last month added to the calls for its immediate closure.The EU initiated an infringement process last May for the delays with Cyprus looking at fines of around €30,000 for each day of delay. Following the visit last October by European Environment Commissioner Karmenu Vella, the EU had given the government more time. You May LikeHealthZapWoman Finds $4,000 In A Donated Book And Returns It To OwnerHealthZapUndo[Gallery]What Would Happen If NBA Players Were On Their Hometown Team?[Gallery]UndoBestCarsFeed.com25 Toughest TrucksBestCarsFeed.comUndo LED-lighting the way by 2020UndoGreek Prime Minister in Cyprus for official visitUndoThe Deniz boat incident showed clearly the intentions of the Turkish sideUndoby Taboolaby Taboolalast_img read more

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urged the public to discountenance the announcement, neither city nor country, 18, make sure you have the latest version (click Help. will you still function? on Saturday said the Sharad Yadav-led faction is the "real JD(U)" and there was no question of leaving the party. the European Union has struggled to deal with the diversity of its member countries and their interests.Government must address ‘minority’ syndrome which causes social conflict Part Eleven:? The election process for the second phase of polling on 14 December starts on 20 November with the issue of notification. Meanwhile.

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The attempt to criticize Khashoggi in private stands in contrast to the Saudi government’s later Discover more related topics The council will continue to work on its 2012 budget through the end of the year. even prosecutors.J. an Orthodox Jewish upbringing in a home that suggested little of the family’s wealth four years at Harvard then studies in law and business But the story really began the summer day in 2004 that the protagonist at 23 learned his father had been arrested after trying to bring down his own family His father Charles Kushner was the son of Holocaust survivors who arrived in America after World War II The grandfather worked as a carpenter then began building houses in New Jersey When Charles took over the business he carried the second-generation immigrant story into rarified territory His firstborn son spent his formative years watching his friends go off to summer camps or football games while he tagged along with his father to construction sites or to see new prospective properties on Sundays Before long Kushner Companies owned 20000 homes generating wealth that Charles made a point of spreading around “It got to be embarrassing to call him” says Arthur Mirante II a business associate and friend whom Kushner tapped for a contribution to the yeshiva he started to honor his father After they became friends he would brace himself when he called for a cause of his own: “I’d ask for $10000 he’d give $300000” Charles Kushner also contributed to politicians It’s what real estate developers do but Kushner’s amounts demonstrated an appetite for more than approval of building projects or favorite causes like Israel (Benjamin Netanyahu once spent the night at the Livingston home) Kushner made himself a major player in New Jersey Democratic politics He was the primary backer of a governor Jim McGreevey who nominated him for chairman of the Port Authority of New York and New Jersey in 2003 just as Kushner’s world began to unravel Federal law limits how much an individual can contribute to a candidate but like many big givers Kushner skirted the letter of the law by sending money in the name of assorted family members The problem was an ugly rift in the extended Kushner clan Those arrayed against Charles lined up with investigators Charles responded by arranging for his brother-in-law to be videotaped with a prostitute then mailed the tape to the man’s wife–which is to say his own sister The plan backfired Charles’ sister took the tape to the feds and Charles was convicted of 18 felony counts including witness tampering The prosecution of the prominent Democrat was led by the US attorney for New Jersey at the time Chris Christie who at sentencing called him “downright evil” Christie went on to become the governor of New Jersey Charles went on to serve about half of a two-year sentence in Montgomery Ala Jared flew down to visit him nearly every weekend Investigators in the Russia probe may well consider how the searing experience with the US attorney’s office may have colored Jared’s attitude toward the law At the time of his father’s arrest he was interning at the office of the New York prosecutor Robert Morgenthau He set aside any thoughts of a career in law and when asked years later about his father’s transgression argued that he was more sinned against than a sinner And that the greatest sin was going against family “His siblings stole every piece of paper from his office and they took it to the government” Jared told New York magazine in 2009 “He gave them interests in the business for nothing All he did was put the tape together and send it Was it the right thing to do At the end of the day it was a function of saying ‘You’re trying to make my life miserable Well I’m doing the same’” What followed was a loyal son’s methodical strikingly successful campaign of restoration and self-creation one that happened to track the success story of his future father-in-law moving to New York to make it big in real estate The quest began with a purchase that had everything to do with social status The New York Observer was a weekly newspaper on salmon newsprint with a tiny circulation But it was read by a Manhattan elite that liked its blend of gossip and intrigue Kushner bought it for $10 million in cash stepping in front of a bid that included Robert De Niro’s Tribeca Enterprises to announce his arrival in Manhattan at age 25 Jared Kushner handing out free copies of The New York Observer’s first issue published under his new ownership in front of Grand Central Station 42nd St," he said. including from the Yazidi religious minority.

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