13 Jul

US stocks lifted by welcome for Visa in China – New York Report

first_img Express KCS whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity 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 FunInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Express Show Comments ▼ US STOCKS ended stronger yesterday as Visa’s potential expansion into China and talk of a turnaround at McDonald’s helped investors look beyond a mixed bag of quarterly earnings.All of the 10 major S&P 500 sectors rose, with the tech index gaining 1.09 per cent, propelled by Visa and MasterCard.Visa ended 4.07 per cent higher at $68.01 after hitting a record high of $69.98, while MasterCard closed up 3.91 per cent after China said it would open up its market to foreign firms for clearing domestic bank card transactions.McDonald’s surged 3.13 per cent after it said it was working on a plan to reverse its shrinking sales.A week ago, more than 80 per cent of the S&P 500 companies to have posted their March-quarter earnings had beaten estimates. But with 121 reports now in, that number has slipped to 71.9 per cent – just above the 70 per cent earnings beat rate seen over the past four quarters. Many have blamed misses on revenue on a strong dollar for making their products more expensive overseas.“We’re sorting through earnings. It’s mixed, but there’s no drastic change to the general economic recovery,” said Michael Sansoterra, portfolio manager of the RidgeWorth Large Cap Growth Fund in Atlanta.The Dow Jones industrial average rose 88.68 points, or 0.49 per cent, to end at 18,038.27. The S&P 500 gained 10.67 points, or 0.51 per cent, to 2,107.96 and the Nasdaq Composite added 21.07 points, or 0.42 per cent, to 5,035.17. Sharecenter_img Wednesday 22 April 2015 8:45 pm whatsapp US stocks lifted by welcome for Visa in China – New York Report Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat is ‘Ranked-Choice Voting,’ the New System for New York’s MayoralFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

13 Jul

Volkswagen share price plummets for second day in a row as car giant sets aside €6.5bn to deal with emissions claims

first_img whatsapp Show Comments ▼ Volkswagen’s share price plunged mid-morning after revealing it will set aside €6.5bn (£4.2bn) to deal with the escalating emissions-cheating scandal as it admitted at least 11m vehicles could be affected.  The car giant said the write-down was needed to cover “the necessary service measures and other efforts to win back the trust of our customers”. “Due to the ongoing investigations the amounts estimated may be subject to revaluation, ” VW added. “Earnings targets for the group for 2015 will be adjusted accordingly.” Volkswagen’s share price was down 18 per cent at pixel time, having fallen 18 per cent yesterday.  “Volkswagen does not tolerate any kind of violation of laws whatsoever. It is and remains the top priority of the board of management to win back lost trust and to avert damage to our customers. The Group will inform the public on the further progress of the investigations constantly and transparently.” The statement this morning added Volkswagen was “working at full speed to clarify irregularities concerning a particular software used in diesel engines”. So far it has identified “discrepancies” relating to “some 11m vehicles worldwide” with type EA 189 engines. “A noticeable deviation between bench test results and actual road use was established solely for this type of engine,” the car firm said. “Volkswagen is working intensely to eliminate these deviations through technical measures. The company is therefore in contact with the relevant authorities and the German Federal Motor Transport Authority” But the problem could extend beyond these 11m vehicles, Volkswagen admitted.  “Further internal investigations conducted to date have established that the relevant engine management software is also installed in other Volkswagen Group vehicles with diesel engines,” the group said. “For the majority of these engines the software does not have any effect.” The statement added: “New vehicles from the Volkswagen Group with EU 6 diesel engines currently available in the European Union comply with legal requirements and environmental standards. The software in question does not affect handling, consumption or emissions. This gives clarity to customers and dealers.”  Share Volkswagen share price plummets for second day in a row as car giant sets aside €6.5bn to deal with emissions claims Tuesday 22 September 2015 2:51 pm whatsapp Catherine Neilan last_img read more

4 Jul

LongRead / The LongRead: Can ports deliver terminal gains, or are they a new ‘trade barrier’?

first_img Read more… In the first of The Loadstar‘s new LongReads, we examine port productivity: why it has failed to improve significantly, the impact on terminals of larger vessels and the challenges of finding a meaningful metric to measure performance.A measure of just how serious the threat of port congestion is to global commerce was put into context by Moffat & Nichol’s chief economist, Walter Kemmsies, who recently described it as a “new form of trade barrier”.The recent travails of shipping lines and their customers on the US west coast has brought the matter to public attention – particularly when it involved a human interest story, such as McDonald’s being forced to ration portion sizes to Japanese customers because exports of US potatoes were stuck on the docks.It’s a story that puts a smile on people’s faces, whether born of schadenfreude or not, but the underlying impact of port congestion is far, far more serious. The economic damage caused to the US by the west coast congestion has been put at between $1bn and $2bn per day.More insidious is the fact that it appears to be contagious. As cargo began to pile up along California’s shores, either on land or waiting on anchored vessels seeking a berth, congestion pinch points began to emerge at Asian export hubs. Manila was worst affected, with ships waiting up to two weeks to berth and export containers sometimes delayed for months before loading. There are, of course, mitigating factors – local issues that accentuate the congestion and can often appear to be its cause. In Manila a ban on daytime trucking was blamed, but the reality, according to comments from MCC Transport chief executive Tim Wickmann, was that Asian ports – including top-10 global gateways such as Hong Kong, Shanghai and Qingdao – were all suffering their worst congestion for two decades.And these backlogs were related, not isolated.Find the full LongRead here By Gavin van Marle 11/06/2015last_img read more

18 Jun

OSC sets conditions on fund manager

first_img Facebook LinkedIn Twitter Keywords Suitability,  Compliance,  RegulationCompanies Ontario Securities Commission Citing concerns about possible client over-concentration, the Ontario Securities Commission (OSC) has imposed conditions on the registration of a small fund manager, Sharbot Lake, Ont.-based W.A. Robinson Asset Management Ltd. (WARAM).Following an “opportunity to be heard”, an OSC director approved a joint recommendation from OSC staff and the firm that set conditions on its registration. Those conditions were designed to prevent over-concentration in securities of a related mortgage investment entity, Frontenac Mortgage Investment Corp. (FMIC), that’s managed by WARAM. James Langton The conditions include that the firm must retain an independent consultant to come up with a methodology for determining appropriate concentration in FMIC shares. Further, it must review the suitability of clients’ holdings using that methodology, and it must report back to the OSC on the findings of these reviews.According to the decision, a compliance review in 2019 found two issues with the firm: “A majority of WARAM clients are overly concentrated in shares of FMIC; and WARAM does not have an adequate suitability process.”The firm consented to the imposition of temporary conditions on its registration, but disputed OSC staff’s concerns with its compliance. It also denied that it has violated securities law.The decision also noted, “FMIC has consistently reported a net profit” and that the OSC hasn’t received any complaints from investors about the firms mentioned. Regulators must avert looming irrelevance: IAP Red alert mustafagull/iStock Share this article and your comments with peers on social media Related news Regulators issue new reporting guidance on systems outages SEC charges five in US$2-billion crypto trading schemelast_img read more

17 Jun

Secretariat Planning 50th Independence Celebrations

first_imgRelatedSecretariat Planning 50th Independence Celebrations Advertisements RelatedSecretariat Planning 50th Independence Celebrations RelatedSecretariat Planning 50th Independence Celebrationscenter_img FacebookTwitterWhatsAppEmail The Ministry of Youth, Sports and Culture, has put together a secretariat to plan the celebration of Jamaica’s 50th anniversary of Independence, which will be observed in 2012.Portfolio Minister, Hon. Olivia Grange, made the announcement in an interview with JIS News at the National Stadium yesterday (Aug. 6), where approximately 40,000 Jamaicans had gathered for the Grand Gala to celebrate Jamaica’s 47th anniversary of Independence.Expressing pleasure at the large turnout, Miss Grange said it would be a challenge to find a venue to accommodate the crowd for the 50th anniversary Gala.“My mind is really preoccupied with that challenge, because it’s going to be a great challenge. We are going to have to find a massive field somewhere. It is something that I am actively engaging my mind towards and how we will meet the challenges that are going to exist, with the kind of tremendous response we are going to have, and the kind of spectacle we are going to have,” she told JIS News.She said the secretariat is already brainstorming about the theme and what the celebrations will entail.In the meantime, Chairman of the Jamaica Cultural Development Commission (JCDC), Hugh Nash, expressed the hope that the annual Festival will develop into an international event by the 50th anniversary.He said he would like to see more Jamaicans abroad as well as foreigners, coming to the island during the Independence holidays to participate in the Festival events.Jamaica Festival, he said, has a unique advantage, as the “venue for Festival is the entire Jamaica, (to reach) all 2.7 million people, so the events will be held all over.”The Grand Gala, which featured performances in music and dancing, showcasing the country’s rich cultural heritage, was the culmination of a series of Independence activities held yesterday.Other events were an Independence Day Parade at King’s House, a spectacular Float Parade through the streets of the Corporate Area, and civic functions across the island. Secretariat Planning 50th Independence Celebrations CultureAugust 7, 2009last_img read more

15 Jun

The new Porsche Taycan EV promises to be super-quick—to recharge

first_img Zero-to-60 times are shorthand for what anybody buying a Porsche is supposed to care about. But with the all-electric Taycan due out later this year, Porsche executives are talking up a less-exhilarating metric: getting to 100 km of battery charge.Stepping into the world of electric cars is making even the most hallowed performance brands rethink how they market their vehicles, and Porsche is no exception.At peak, the Taycan will be able to add more than 100 km of charge in four minutes, thanks to an 800-volt battery that can absorb fast-charging rates of up to 350 kilowatts. That’s quicker than Tesla owners can achieve at the company’s 120-kilowatt supercharging stations, which can bring batteries to about an 80 percent charge in roughly 30 minutes. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Porsche’s Taycan EV could start around 90,000 dollars US, get ‘Turbo’ trimx1_5.jpg?w=400&h=260′);”>Porsche’s new Taycan EV factory will clean the air around itHaving long-distance charging is even less relevant for Porsche owners, Zellmer said, since most will own multiple cars and could take another out of the garage if they’re worried about needing to plug in. Still, he said, Porsche has to do it to “comfort” potential buyers.As for old-fashioned specs, the Taycan is expected to have a total system output of more than 600 horsepower and will accelerate to 100 km/h in faster than 3.5 seconds. It can go about 500 km before it runs out of juice, a bit short of the 540-km range for the base Model S.Porsche is feeling confident, boosting global production capacity for the Taycan to 40,000 from an original 20,000 units. The company says it’s responding to strong demand. Trending Videos Zellmer won’t say how many people in the U.S. have coughed up the $2,500 refundable deposit for the Taycan, but he happily mentions that two-thirds aren’t existing Porsche owners. Among those, he says Tesla is the most common brand. Created with Raphaël 2.1.2Created with Raphaël 2.1.2 The Porsche Mission E, the concept that previewed the company’s upcoming Taycan EV  Handout / Porsche Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” ‹ Previous Next › COMMENTSSHARE YOUR THOUGHTScenter_img RELATED TAGSLuxuryLuxury VehiclesNew Vehicles See More Videos “Getting into a car and doing zero-to-100 km/h in less than three seconds—can you really differentiate yourself if you do it in 2.8 seconds, and the other can do it in 2.7?” said Klaus Zellmer, the head of Porsche Cars North America. “There are other factors that will gain importance, such as charging time.”That may sound like blasphemy to some Porsche enthusiasts. But charging times will be a key selling point for automakers trying to coax consumers into overcoming their fear of being stranded with a dead battery.Porsche’s new four-door sedan is part of a pack of luxury electric vehicles, along with Audi’s E-Tron and Jaguar’s I-Pace, that are looking to capture some of Tesla’s industry-defying magic. Sales of EVs made up just 1.1 percent of new-car sales in the U.S. last year, according to researcher LMC Automotive, and Tesla accounted for most of that.Charging infrastructure is a new perk for would-be buyers. Through a partnership with Electrify America, the charging-network company borne from Volkswagen’s diesel-emissions scandal, Taycan owners will get three years of free charging at stations that’ll have a minimum of two 350-kilowatt chargers per site.In addition to the network of 300 highway fast-charging stations that are going to be either installed or under construction by July 1, another 120 Porsche dealerships will offer fast charging by early 2020.Building long-distance charging infrastructure may not be entirely rational, since about 90 percent of electric-vehicle charging happens at home. But that hasn’t stopped automakers from touting their charging offerings. Audi is giving away 1,000 free kilowatt-hours with Electrify America for anyone buying a new E-Tron. General Motors’s Chevrolet Bolt EV comes with a card for ChargePoint stations, though the driver has to foot the bill.Tesla is also moving toward a pay-for-use model after previously offering 400 kilowatt-hours a year of free fast charging on its proprietary network. CEO Elon Musk has promised upgrades to its Supercharger network early this year.RELATED Trending in Canada advertisement We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. The Rolls-Royce Boat Tail may be the most expensive new car everlast_img read more

12 Jun

Cruise Ship Arrivals Up 10%

first_imgCruise Ship Arrivals Up 10%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 Photo: JIS PhotographerTourism and Entertainment Minister, Hon. Dr. Wykeham McNeill (left) and President of the Jamaica Hotel and Tourist Association (JHTA), Nicola Madden Greig, at the official opening of the Jamaica Product Exchange (JAPEX) trade show, at the Montego Bay Convention Centre in St. James on Sunday, September 21. Cruise Ship Arrivals Up 10% TourismSeptember 24, 2014Written by: Marlon Tingling There has been a 10 per cent increase in cruise ship arrivals in Jamaica this year, compared to 2013.Tourism and Entertainment Minister, Hon. Dr. Wykeham McNeill, told JIS News that arrivals at the Falmouth Port in Trelawny and Montego Bay Port in St. James continue to be very impressive.“We are up about 10 per cent over last year across the board… arrivals at Falmouth and Montego Bay are up over Ocho Rios. Next year we are going to have some challenges with arrivals at Ocho Rios, because the Carnival Breeze will be relocating to the Falmouth Port,” the Minister said.Dr. McNeill argued that the anticipated challenge that will face the Ocho Rios port will present an opportunity to players in the trade in that resort town to reposition the facility and ensure that it remains attractive to cruise shipping companies.“We have already started infrastructural works in Ocho Rios…working with our partners. We are trying to get a better product. Ocho Rios is a fabulous cruise destination…it has been up to number 12 in the world, so we are going on a  drive to make the resort regain itself as one of the greatest cruise destinations in the world,” the Minister said.While remaining optimistic that the cruise shipping industry will continue to be vibrant, Dr. McNeill said there is a lot of work to be done to ensure that Jamaica maintains its status as the destination of choice.“It is a process…you have got to do the work. Moving cruise shipping is an 18-month process, so the work we are doing now, we will see the results in the future,” the Minister told JIS News. Advertisements RelatedJAPEX 2014 One of the Best Ever – Tourism Ministercenter_img Story HighlightsThere has been a 10 per cent increase in cruise ship arrivals in Jamaica this year, compared to 2013.Tourism and Entertainment Minister, Hon. Dr. Wykeham McNeill, told JIS News that arrivals at the Falmouth Port in Trelawny and Montego Bay Port in St. James continue to be very impressive.Dr. McNeill said there is a lot of work to be done to ensure that Jamaica maintains its status as the destination of choice. FacebookTwitterWhatsAppEmail RelatedTourism Ministry Sensitizing Industry Players About Chikungunya Virus RelatedJamaicans Urged to Protect Country’s Beacheslast_img read more

4 Jun

FCC ignores protests, begins next mmWave sale

first_img FCCmmWavespectrum auction FCC approves $7 billion for emergency connectivity AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 14 MAR 2019 Diana is Mobile World Live’s US Editor, reporting on infrastructure and spectrum rollouts, regulatory issues, and other carrier news from the US market. Diana came to GSMA from her former role as Editor of Wireless Week and CED Magazine, digital-only… Read more The US Federal Communications Commission (FCC) pressed ahead with plans to auction 24GHz spectrum, despite a request from politicians to delay the proceeding.In a letter, two senior members of the House of Representatives’ Science, Space and Technology Committee accused the FCC of dismissing concerns expressed by the National Oceanic and Atmospheric Administration (NOAA) and NASA that use of the spectrum could interfere with sensors in adjacent bands used for weather and climate forecasting.The committee members sought a delay until the FCC addressed the issue with NOAA, NASA and the US Department of Defence.“Our concern is not with 5G technology….However, advancements in telecommunications should not come at the expense of the safety and security of the American people.”FCC representative Brian Hart told The Washington Post the agency will move ahead with the auction as scheduled and said it was “perplexing to be asked to postpone this auction the day before it is going to start” given planning had been underway for more than a decade.Bidding for 24GHz licences is scheduled to begin at 10:00 ET today (14 March). A total of 38 companies have qualified to take part, including AT&T, Verizon, T-Mobile US, US Cellular and Sprint (through subsidiary ATI Sub).The auction is the FCC’s second mmWave proceeding following a 28GHz auction which concluded in January. Winners from that sale will be announced at the end of the latest proceeding. Subscribe to our daily newsletter Back Home FCC ignores protests, begins next mmWave sale Author Optus lights first mmWave sites Related FCC mulls expanded Huawei, ZTE bans Diana Goovaerts Previous ArticleSKT tests the limits of 4G/5G comboNext ArticleWirecard updates mobile pay SDK Tags last_img read more

25 May

Funding allocated for new Cleary Centre building in Donegal Town

first_img Twitter FT Report: Derry City 2 St Pats 2 Facebook WhatsApp Google+ Pinterest Google+ AudioHomepage BannerNews Funding allocated for new Cleary Centre building in Donegal Town DL Debate – 24/05/21 Facebook Pinterestcenter_img Previous articleAppeal for witnesses to aggravated burglary in OmaghNext articleSearches ongoing for male in and around River Foyle News Highland WhatsApp Minister Finian McGrath has announced a funding allocation for a new Cleary Centre building in Donegal Town.The centre was deemed no longer fit-for-purpose in 2014 with services relocated to the Victor Building Complex, to provide short-term accommodation for staff and service users of the centre.Following a campaign to have a new centre built on the former Cleary Centre site, it was confirmed that funding would be provided for the new centre with the hope work can begin next year.Speaking on the Nine til Noon Show earlier today, Leas Cheann Comhairle and Donegal Deputy Pat the Cope Gallagher says it is important there are no delays in progressing the project:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/04/cope5pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. RELATED ARTICLESMORE FROM AUTHOR Journey home will be easier – Paul Hegarty Harps come back to win in Waterford Twitter By News Highland – April 18, 2018 Derry draw with Pats: Higgins & Thomson Reaction News, Sport and Obituaries on Monday May 24thlast_img read more

24 May

Watch: Springbok in the bush

first_img Shop Bras Online | Search AdsTake a Look at These Bra and Panty SetsShop Bras Online | Search Ads|SponsoredSponsoredUndo ‘ ‘ Posted in Top headlines, Videos ‘ AlphaCuteOprah’s New House Cost $90 Million, And This Is What It Looks LikeAlphaCute|SponsoredSponsoredUndo Watch: I wanted to rip Jean’s head off – Jaque FourieSA Rugby MagUndo Springbok Marcell Coetzee created this wildlife package for his Ulster teammates showing him spending lockdown at Marloth Park, which borders the Kruger National Park. BuzzAura16 Cancer Causing Foods You Probably Eat Every DayBuzzAura|SponsoredSponsoredUndo ‘ Post by Craig Lewis Watch: Springbok in the bush Video published on May 14, 2020 World Cup-winning Bok quartet in Eddie Jones’ all-time XVMaverick coach Eddie Jones has named his Test dream team made up of players he has worked with throughout his illustrious career.SA Rugby MagUndoLoans | Search AdsLooking for loan in Hong Kong? Find options hereLoans | Search Ads|SponsoredSponsoredUndoCNAHow is life for Cambodian boy linguist after viral fame?CNA|SponsoredSponsoredUndoShop Bras Online | Search AdsBrilliant Bra and Panty Sets (take a look)Shop Bras Online | Search Ads|SponsoredSponsoredUndoGoGoPeak10 Most Beautiful Cities You Should Visit Once In Your LifetimeGoGoPeak|SponsoredSponsoredUndo熱門話題對肚腩脂肪感到後悔!試了在萬寧賣的這個後…熱門話題|SponsoredSponsoredUndo ‘ ‘ 熱門話題不要被酵素騙了!在萬寧賣的「這個」直接針對脂肪…熱門話題|SponsoredSponsoredUndoAaron Smith names South African as greatest World Cup scrumhalfSA Rugby MagUndoJapan-based Kiwi player: I hope to never experience this againSA Rugby MagUndoLife Exact BrazilGrace Jones Is Now 72 Years Old, This Is Her NowLife Exact Brazil|SponsoredSponsoredUndolast_img read more