Germany win historic 10th Fifa World Cup qualifier

first_imgBSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight This is the first time Germany have qualified for a World Cup finals with a perfect record and they are unbeaten in their last 16 games.Joachim Loew’s side are only the second team to achieve the feat in a European qualifying campaign after Spain managed it on their way to winning the 2010 World Cup in South Africa.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutGermany also scored a European qualifying record 43 goals over the campaign.Despite the comfortable scoreline, Loew was unimpressed with the first-half display as his side went in 1-1 at the break. Nonong Araneta re-elected as PFF president Kiefer Ravena joins 2017 PBA Draft View comments Frontrow holds fun run to raise funds for young cancer patients  Sheydaev then wrong-footed Ruediger and fired past Germany goalkeeper Bernd Leno to stun the hosts.But Wagner put Germany back in the lead on 54 minutes thanks to Hawk-Eye.Wagner’s header was cleared in a scramble, but goal-line technology showed the ball had crossed the line for his fifth international goal in as many games.At 2-1 up, the floodgates opened when Ruediger hammered his header past Azerbaijani goalkeeper Kamran Agayev on 64 minutes.Goretzka grabbed Germany’s fourth just two minutes later when he fired home Leroy Sane’s pass after some good work by the Manchester City winger.The 23-year-old Can completed the scoring in style when he rifled a 30-yard strike into the roof of the net.With time almost up, Azerbaijan defender Magomed Mirzabekov hit the post and Germany’s Matthias Ginter cleared a shot off the line. Kammuri turning to super typhoon less likely but possible — Pagasa Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Mustafi suffered a suspected thigh injury, which Loew said looks serious.Schalke midfielder Goretzka gave Germany an early lead with a superb back-heeled goal before Azerbaijan striker Ramil Sheydaev stunned the hosts by equalising before half-time.Second-half strikes from Hoffenheim striker Sandro Wagner and Chelsea defender Antonio Ruediger, before Goretzka added his second, saw Germany pull away.Liverpool midfielder Emre Can added the fifth when he smashed home his first international goal with a powerful shot from outside the area.The World Cup holders lost Julian Draxler before kick-off as the Paris Saint-Germain midfielder dropped out with flu, after Real Madrid star Toni Kroos had already been ruled out with a rib injury.The hosts got off to a dream start when Goretzka showed great technique by netting with his heel and his back to goal on eight minutes.Then came Germany’s injury blows.Suele limped off on 22 minutes to be replaced by Chelsea’s Ruediger before Mustafi went down in the build-up to the equaliser.The Germans should have doubled their lead with half an hour gone when Wagner hit the post.Azerbaijan deservedly levelled on 34 minutes when Sheydaev sprinted clear of Mustafi — who pulled up injured. MOST READcenter_img “This line-up hadn’t played together before and you could see that in the first half,” he said.“The second half was better as the opposition tired.“It would be a mistake to use this qualifying campaign as a benchmark – sure it was good – but the World Cup will be a different matter.“It will be hard to win the World Cup for a second time.”The victory came at the cost of two center-backs, as Bayern Munich’s Niklas Suele and Arsenal’s Shkodran Mustafi both limped off with first-half injuries.ADVERTISEMENT Fire hits houses in Mandaluyong City Typhoon Kammuri accelerates, gains strength en route to PH LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Azerbaijan’s midfielder Rahid Amirguliyev (R) and Germany’s midfielder Leon Goretzka (L) vie for the ball during the FIFA World Cup 2018 qualification football match between Germany and Azerbaijan in Mainz, western Germany, on October 8, 2017. AFPMidfielder Leon Goretzka netted twice as Germany routed Azerbaijan 5-1 on Sunday to make history with a perfect World Cup qualifying record of 10 wins in as many games.The reigning world champions had already sealed their ticket to Russia last Thursday with a 3-1 win over Northern Ireland, and finished their qualifying campaign in Kaiserslautern with a 10th straight victory.ADVERTISEMENT Read Next LATEST STORIES Don’t miss out on the latest news and information. Brace for potentially devastating typhoon approaching PH – NDRRMClast_img read more

‘Confident’ Rene Catalan vows to beat Yoshitaka Naito

first_img“Definitely, this is the toughest and biggest match of my career,” said Catalan, who has the edge in striking but is also ready the moment Naito takes the fight to the ground. “Naito is a former world champion, well-experienced and we all know how dangerous he is on the mat, but I’m confident with my skills and I will do whatever it takes to win and get my title shot.”“I’ve been training for these kinds of guys for so long, and I’ve been training hard almost everyday.” he said. “I feel good and confident about this match. I will win in Yangon and put myself closer to my dream of becoming a world champion.”FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesCatalan is still going strong at 40. In fact, he claims to be coming off “one of the best” training camps he’s had.“This is definitely one of the best camps I had, which is just in time for the most important match of my career,” he said. P2.5 B shabu seized in Makati sting, Chinese national nabbed LATEST STORIES Rene Catalan. Photo by Tristan Tamayo/INQUIRER.netFilipino Rene Catalan vows to win ahead of the biggest fight of his career against former strawweight world champion Yoshitaka Naito of Japan in ONE: Reign of Valor on Friday in Yangon, Myanmar.Catalan is putting his five-match winning streak on the line against Naito, who is eager to bounce back from a tough loss at the hands of another Filipino in Joshua Pacio six months ago.ADVERTISEMENT PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss MOST READ P2.5 B shabu seized in Makati sting, Chinese national nabbed Hong Kong tunnel reopens, campus siege nears end Private companies step in to help SEA Games hosting Trump campaign, GOP groups attack Google’s new ad policy Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next Depleted UST stuns La Salle in 3 sets for share of 3rd spot Lacson backs proposal to elect president and vice president in tandem SEA Games hosting troubles anger Duterte 1 dead, 3 injured in Quezon road crash View commentslast_img read more


first_imgNew Delhi, Jun 22 (PTI): Following are the top storiesNew Delhi, Jun 22 (PTI): Following are the top stories from the northern region at 1725 HRS:DEL18 JK-ARMY-REINFORCEMENTAnantnag: Two additional Army battalions — about 2,000 men — start moving into four troubled South Kashmir districts, being described as the new “ground zero” because of increased militant activity, say officials.DES7 DOPT-CORRUPTIONNew Delhi: To cut delay, an online system to process corruption cases against government employees is launched here.DES8 HUA-HOUSES-APPROVALNew Delhi: The Centre approves the construction of 1.27 lakh more houses for urban poor under its affordable housing scheme with an investment of over Rs 6,500 crore.DES3 RAJ-HERITAGE-SMARTBy Chirinjibi Thapa(Pix available)Jaipur: Jaipur has fished out of its trove heritage buildings and is dusting off its fabled pink markets and stepwells to make them all squeaky clean for the second anniversary of the launch of the Centres smart city project.NRG5 RAJ-ARREST-ACBSikar (Raj): A technical assistant of Jhunjhunu Power Corporation is arrested by anti-corruption bureau (ACB) sleuths for accepting bribe of Rs 14,000.DES2 NCM-PAKNew Delhi: Those who celebrated Pakistan teams victory in the recently concluded ICC Champions trophy final should go and live there, National Commission for Minorities (NCM) chairman Gairul Hasan Rizvi says.DES5 UP-RAPE-VIOLENCEAligarh: A six-year-old girl is raped and brutally murdered on the outskirts of the city, triggering outrage among locals who lynch the accused.NRG4 PB-CM-SPORTS-PROBEChandigarh: Punjab Chief Minister Amarinder Singh says a thorough probe will be conducted into the alleged irregularities in distribution of sports kits to youth clubs during the previous SAD-BJP rule.advertisementNRG7 PB-AMARINDER-LOANChandigarh: Punjab Chief Minister Amarinder Singh lashes out at the opposition for “twisting” the farm debt waiver issue and says the Rs 1,500 crore proposed in the budget is initial money provided to leverage more sum to be given for the debt waiver scheme in instalments.NRG3 PB-AAP-SUSPENDChandigarh: Main opposition Aam Aadmi Party and ally Lok Insaaf Party (LIP) MLAs are physically removed out of the Punjab assembly here by the Marshals after they create a ruckus.NRG6 PB-AMARINDER-OPPOSITIONChandigarh: Punjab Chief Minister Amarinder Singh lashes out at the Shiromani Akali Dal (SAD) and the Aam Aadmi Party (AAP) for disrupting the House proceedings, says the oppositions atrocious behaviour smacks of hooliganism. PTI KISlast_img read more

‘Ancelotti should take Guangzhou Evergrande job’

first_imgCarlo Ancelotti Sacked Bayern Munich boss Ancelotti should take Guangzhou Evergrande job, says Scolari Zhicheng Hu Last updated 2 years ago 14:19 30/9/2017 FacebookTwitterRedditcopy Comments(0) Carlo Ancelotti Bayern Munich Bundesliga 05061 Lennart Preiss Carlo Ancelotti Guangzhou Evergrande Guangzhou Evergrande v Shanghai SIPG Shanghai SIPG FA Cup The former Brazil manager claims that the recently sacked Bayern Munich boss should jump at the chance to join the Chinese side should it come Guangzhou Evergrande manager Luiz Felipe Scolari was not put off by links between the club and recently sacked Bayern Munich boss Carlo Ancelotti. In fact, the former Brazil manager seemingly advised the Italian to jump at the chance to join the Chinese club should it arise. Bayern 6/1 to beat Hertha Berlin 1-0 Article continues below Editors’ Picks Why Barcelona god Messi will never be worshipped in the same way in Argentina Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. Ancelotti’s rough start to the season with the Bundesliga champions culminated in his getting the sack after a 3-0 loss to Paris Saint-Germain in the Champions League.Earlier in September, former Bayern midfielder Mario Basler had made claims that Ancelotti already had a deal in place in China, though the Italian quickly laughed off the rumours. However, when quized about the possibility, Brazilian Scolari advised his fellow former Chelsea boss to give it some consideration. “If Ancelotti is offered the opportunity to come to Guangzhou, he should consider grasping it,” the Evergrande boss told a news conference ahead of Saturday’s FA Cup clash with Shanghai SIPG.“Evergrande is a fantastic club, with great working environment. Not only for Ancelotti, Evergrande is a good destination for any coach who is linked with the club.  “My current contract at Evergrande runs until Nov.30 and of course, I’m willing to fulfil it. “In the meantime, I will do my utmost to win as many titles as I can.”Scolari currently has the club sitting top of the league on 58 points through 26 matches.last_img read more

Zola bemused by Chelsea return talk

first_imgChelsea Zola bemused by Chelsea return talk as Conte clings to Blues post 22:15 2/22/18 FacebookTwitterRedditcopy Comments(0) Gianfranco Zola Getty Images Chelsea Premier League Antonio Conte Serie A Napoli Transfers The Stamford Bridge icon has been linked with a summer move back to west London alongside current Napoli boss Maurizio Sarri amid much talk of change Gianfranco Zola claims to be unaware of where speculation linking him and Napoli boss Maurizio Sarri with a move to Chelsea has come from.Talk of change at Stamford Bridge continues to linger as Antonio Conte sees his ongoing presence called into question.A man who captured the Premier League title in 2016-17 and has the Blues in the hunt for FA Cup and Champions League honours this term is being backed for a summer departure. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Conte has attempted to quash such talk at regular intervals, but the rumours refuse to go away – with Sarri and Zola the latest to be linked with the post.Not that either are aware of any interest, with Chelsea legend Zola telling Gazzetta dello Sport: “One week there is and one week there isn’t something linking me with Chelsea.”But I know nothing about this hypothesis. Besides, after Birmingham I’ve taken a year out.”While distancing himself from the Chelsea speculation, Zola is prepared to admit that he is a big fan of Sarri.The Naples native currently sees his side topping the Serie A standings, with his footballing philosophy attracting widespread praise and sparking talk of possible moves elsewhere.Zola, who spent four years with Napoli during his distinguished career, added: “Napoli play like clockwork.”They have tactics and moves which you can do little to defend against.”The way they play the ball around reminds me of Maradona and Careca and the Napoli of my playing days.”I think this is the year for them to win the Scudetto. Napoli can win it this season, and they would deserve it.” Check out Goal’s Premier League 2019-20 fantasy football podcast for game tips, debate and rivalries.last_img read more

ESPN’s 2nd Half Prediction For Notre Dame-Virginia Tech

first_imgA generic picture of a football pylon.BLACKSBURG, VA – NOVEMBER 17: A general view of an end zone pylon during the game between the Virginia Tech Hokies and North Carolina Tar Heels at Lane Stadium on November 17, 2011 in Blacksburg, Virginia. (Photo by Geoff Burke/Getty Images)We’re now one half into college football’s game of the week, as No. 6 Notre Dame and No. 24 Virginia Tech are at halftime at Lane Stadium in Blacksburg, Virginia.The Fighting Irish, coming off a strong win against Stanford, were looking good early, going up by double digits, however the Hokies are storming back at home.It’s Notre Dame 17, Virginia Tech 16 as we enter halftime. This has the makings of one really exciting second half.What is ESPN projecting? It still likes the Fighting Irish.ESPN’s Football Power Index is confident in Brian Kelly’s team, as it is giving Notre Dame a 61.1 percent chance to win the game.Notre Dame will need to get its running game going in the second half it it’s going to hold on for a victory. The Fighting Irish rushed for negative three yards in the first half. Thankfully for Kelly and Co., Ian Book was strong through the air, passing for 163 yards.Virginia Tech, meanwhile, totaled 139 yards through the air and 76 yards on the ground.What’s your prediction for the second half?The second half should begin momentarily. It’s being televised on ABC.last_img read more

FSG Splashes RoPax Ferry for CMAL

first_imgzoom German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) successfully launched ‘Loch Seaforth’ at noon today for Scottish customer Caledonian Maritime Assets Limited (CMAL).The ship is a state-of-the-art, complex RoPax ferry built to carry up to 700 passengers and 143 cars, or 20 trucks. In just three months time the 116 metre long ‘Loch Seaforth’ will link the mainland of northwestern Scotland with the Isle of Lewis in the Hebrides on the Stornoway-Ullapool route.“When we reached agreement on this project with CMAL a year and a half ago, the contract was dependent on the highest possible degree of reliability”, recalls FSG chief Peter Sierk.Today’s launch demonstrates FSG capability yet again. “We are completely on schedule”, commented Sierk “and we are convinced that we will be able to hand over this newbuilding to our customer right on time, as we have done with all our other ships over the past 15 years” fsg, March 21, 2014last_img read more

Seanergy Returns to Profit in Q3

first_imgzoom Greek dry bulk shipping company Seanergy Maritime Holdings Corp. ended the third quarter of this year with a net income of USD 6.5 million, compared to a net loss of USD 5.9 million reported in the same period a year earlier. Net revenues for the three-month period rose by 119 percent to USD 18.9 million from USD 8.6 million seen in Q3 2016.In addition, EBITDA amounted to USD 14.2 million in Q3 2017, against USD -1.2 million recorded in the third quarter of 2016.“During the third quarter of 2017, the Capesize market continued its improving course that commenced at the beginning of the year. Our fleet benefited significantly from the stronger Capesize rates. In particular, in the third quarter of 2017, the daily Time Charter Equivalent (TCE) rate of our Capesize fleet was USD 11,678, increased by 149% as compared to the same period last year,” Stamatis Tsantanis, Seanergy’s Chairman & Chief Executive Officer, explained.During the quarter, the company completed a refinancing of one of its Capesize vessels, generating a USD 11.4 million gain and equity accretion.“Turning to market fundamentals, in 2017 dry bulk charter rates have stabilized at higher levels than in previous years, as the Baltic Capesize Index (BCI) has averaged about 1,839 points year to date, which is 112% higher than the 868 average level recorded in the same period of 2016. Furthermore, the expected annual growth in seaborne transportation of Capesize commodities is estimated at 6% for the years 2017 and 2018 while the Capesize orderbook currently stands at 3% of the existing fleet, which is the lowest point of the last 15 years,” Tsantanis added.“In the fourth quarter of 2017, 63% of our Capesize operating days are fixed at an average daily rate of approximately USD 15,720 and 65% of our total operating days are fixed at an average daily rate of approximately USD 14,890 as of the date of this release,” he further said.For the first nine months of this year, the company posted a net loss of USD 3.1 million, compared to a net loss of USD 17.7 million reported in the same period of 2016.Seanergy currently owns a fleet of eleven dry bulk carriers, consisting of nine Capesizes and two Supramaxes, with a combined cargo-carrying capacity of approximately 1.7 million dwt and an average fleet age of about 8.5 years.last_img read more

EIB Provides LongTerm Loan to ICG for Two New Ferries

first_imgzoomImage Courtesy: Irish Continental Group The European Investment Bank (EIB) is providing EUR 155 million (around USD 176 million) to finance two new passenger and vehicle ships for the Irish Continental Group’s (ICG) subsidiary Irish Ferries.The two ferries, expected to increase passenger and cargo capacity on routes to Ireland, will replace older and smaller vessels and reduce emissions from the Irish Ferries fleet.The newbuilds are planned to be used on both the Dublin-Holyhead and Dublin-Cherbourg routes.The announcement was made as the W.B. Yeats cruise ferry made its maiden commercial voyage from Dublin to Holyhead on January 22. The largest ever EIB support for Irish shipping was announced during a visit by Andrew McDowell, EIB Vice President and Eamonn Rothwell, CEO of ICG.The latest addition to the Irish Ferries fleet, the new W.B.Yeats, was partly financed using EUR 75 million from the EIB. Delivered to its owner in December 2018, the W.B. Yeats can transport 1,800 passengers, 300 cars and 165 trucks.The second ship, expected to be completed in 2020 and unnamed as yet, will likely transport 1,800 passengers and crew and 1,526 cars or 300 trucks. EIB is providing EUR 80 million for this vessel which will be the largest cruise ferry in the world in terms of vehicle capacity and provide Irish Ferries with an effective 50% increase in peak freight capacity.“The EUR 155 million financing facilities agreed with the EIB, alongside financing from leading Irish and international banks, for the two new cruise ferry ships demonstrates the EIB’s commitment to support transformational corporate investment such as this in Ireland, enabling ICG to deliver on its growth strategy and strengthening the tourism and cargo trading links in and out of the country,” Rothwell said.The long-term loan to ICG represents the first support approved by the EIB under a new Green Shipping financing initiative that supports investment in new and existing ships to reduce emissions and improve fuel efficiency.The W.B.Yeats ship incorporates emissions scrubber technology to reduce sulphur oxide pollution and ballast water systems which meet current and known future environmental regulations and is expected to deliver optimal fuel consumption and efficiencies.“Shipping connections are crucial for Ireland and the European Investment Bank is pleased together with ICG to support two new ships that will both transform maritime transport to and from this country and cut harmful emissions. The EUR 155 million long-term EIB loans will support EUR 309 million of new investment in best in class vessels that will serve Irish routes for years to come,” McDowell commented.“The new W.B. Yeats … together with the second vessel will transform freight capacity and passenger travel from Ireland to the UK and continental Europe. The first approval of financing under the EIB’s Green Shipping initiative reflects firm commitment of ICG to cut emissions and improve fuel efficiency. Increasing maritime transport capacity reflects increased demand arising from Ireland’s export driven recovery and the potential need for flexibility in the event of disruption on UK routes,” he added.last_img read more

Athabasca Chipewyan the tar sands are making us sick

first_imgAPTN InFocus with Cheryl McKenzie:In October leaders, Elders, members and supporters of the Athabasca Chipewyan First Nation (ACFN) rallied at the Federal Court in Vancouver.Today, they’re waiting for the court’s response on a judicial review.They want federal Environment Minister Leona Aglukkaq’s decision to allow expansion of the Alberta tar sands, quashed.In addition to ACFN’s argument that their section 35 Constitutional rights were violated in the process, they also have results of an environmental health study on their side.The study links contaminants from the tar sands to incidence of illness in their community.Video courtesy: One River News (

Pipelines and broken promises fill Trudeaus Kamloops town hall

first_imgTamara PimentelAPTN NewsPrime Minister Justin Trudeau’s first town hall of 2019 was just a nine hour drive from the Unist’ot’en camp where hereditary chiefs were negotiating a peaceful end to a decade long barricade of the Wet’suwet’en territory.Despite being that far down the road, the issue of pipelines, and broken promises sounded throughout the night from Indigenous and non-Indigenous peoples at the

Next US moon landing will be by private companies not NASA

first_imgCAPE CANAVERAL, Fla. — America’s next moon landing will be made by private companies — not NASA.NASA Administrator Jim Bridenstine announced Thursday that nine U.S. companies will compete in delivering experiments to the lunar surface. Bridenstine says NASA will buy the service and let private industry work out the details on getting there.The goal is to get science and technology experiments to the surface of the moon as soon as possible. The first flight could be next year. 2019 marks the 50th anniversary of the first manned moon landing.The announcement comes just three days after NASA landed a spacecraft on Mars. NASA wants to see how it goes at the moon before committing to commercial delivery services at Mars.Marcica Dunn, The Associated Presslast_img

Market volatility mortgages loom over upcoming earnings of Canadas big banks

TORONTO — Canada’s biggest banks are set to report on what has traditionally been the strongest quarter of the year, but market volatility and slower mortgage growth during the period could weigh on their latest results.North American markets saw a sharp selloff at the end of 2018 amid a trade skirmish between China and the U.S. and political uncertainty with a partial shutdown south of the border, potentially hampering the banks’ related earnings.“With markets falling through much of the fall and recovering through much of the winter so far… Everything from mutual fund fees to underwriting revenues will likely have been down,” CIBC analyst Robert Sedran said in a note to clients.“Trading, as ever, is a wildcard but we do expect a sequential decline as well.”The Royal Bank of Canada is the first lender to report its results for the three-month period ended Jan. 31 on Friday, followed by the Bank of Montreal and the Bank of Nova Scotia on Feb 26. National Bank of Canada reports its latest quarterly earnings on Feb. 27, followed by the Toronto Dominion Bank and the Canadian Imperial Bank of Commerce on Feb. 28.During the earnings conference calls to discuss the banks’ results during the previous quarter, lenders expressed optimism for the coming financial year but some said the bumpy stock-market ride could add downward pressure.“We expect to see some weakness year-over-year in our wealth and wholesale businesses, given the recent market volatility… However, our above-average net sales and strong investment banking pipeline will position us well for growth throughout the year,” said RBC’s chief financial officer Rod Bolger on a conference call with analysts in late November. Investors’ concerns about the strength of the Big Six banks market-related earnings in the latest quarter are “overstated” given the market rally in January, said Meny Grauman, an analyst with Cormark Securities.“The reality is that market-related revenues should have actually held up better than most investors’ fear, especially in the wealth business where the Canadian banks’ fiscal calendar should have helped as the Q1 numbers would have captured a very healthy stock market rally in January,” he said in a note to clients.The financial first quarter has historically been the most robust period for capital markets and trading revenues and “could save the day” for the banks, said John Aiken, an analyst with Barclays in Toronto. Over the past nine years, Canadian banks have seen an uptick in capital markets revenues in the first quarter, up an average of 15 per cent from the previous quarter, he added.While the macroeconomic environment is becoming increasingly challenging, the banks are expected to continue benefiting from the five central bank interest rate hikes since July 2017, Aiken added in his note to clients.Those hikes have padded the banks’ net interest margins, which is the difference between the money they earn on the loans they make and what they pay out to savers.“We anticipate NIMs will remain a positive story for much of 2019,” Aiken said. “That said, amidst rising rates, the slowdown in household and mortgage credit continues, with annual residential mortgage credit growth of 3.1 per cent in December, marking the slowest rate since May 2001 and roughly half of the growth rate from two years ago.” Residential home sales in Canada in January were the weakest since 2015, down four per cent from the previous year, according to the Canadian Real Estate Association. In December, home sales slipped for the fourth month in a row to cap off the weakest annual sales since 2012.CREA attributed the drop in December to a rush of buyers at the end of 2017 who moved to lock in home loans before a new stress test for uninsured mortgages took effect on Jan. 1, 2018.In turn, Canadian banks also saw a surge of mortgage lending during the financial first quarter one year ago — setting a high bar for comparison for quarterly results this year.Some banks reported increases in mortgage originations of as much as 20 per cent during the first half of fiscal 2018, said Gabriel Dechaine, an analyst with National Bank of Canada Financial Markets.“‘Pull forward’ uninsured mortgage originations were surprisingly high… As such, we could see a larger-than-expected slowdown in new originations during H1/19, simply due to the ‘tough comps’ effect,” he said in a note to clients. Armina Ligaya, The Canadian Press Companies in this story: (TSX:RY, TSX:BMO, TSX:BNS, TSX:NA, TSX:TD, TSX:CM) read more

Cambridge Analytica whistleblower has book deal

NEW YORK — The former Cambridge Analytica employee who spoke out on alleged ties between the data firm and the Brexit campaign for Britain to leave the European Union has a book deal.Brittany Kaiser’s “Targeted: My Inside Story of Cambridge Analytica and how Trump and Facebook Broke Democracy” comes out Oct. 22, HarperCollins announced Tuesday. Kaiser will share “the dramatic and disturbing story” of her time at Cambridge Analytica, the British company where she was the business development director. Last year, she told Parliament that Cambridge had worked with Brexit supporters. She also co-operated with Special Counsel Robert Mueller’s investigation into alleged Russian interference in the 2016 election.According to HarperCollins, she will reveal “the unsettling truth” or how private information is exploited, and how Cambridge interacted with Brexit and Trump officials.The Associated Press read more

Business Highlights

___Fed cuts key rate for first time in more than a decadeWASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump’s trade wars, stubbornly low inflation and global weakness. Yet Wall Street seemed disappointed that Chairman Jerome Powell signalled at a news conference that the Fed might not cut rates much more.___US to set up plan allowing prescription meds from CanadaWASHINGTON (AP) — With consumers complaining over high prices for prescription drugs, the U.S. says it will create a way Americans can import cheaper medicines from Canada. The drug industry, which has blocked imports of prescription drugs, is warning that their safety can’t be guaranteed. But Health and Human Services Secretary Alex Azar says the modern supply chain allows for safe importation. It’s unclear how soon such a system could be in place. President Donald Trump campaigned on lowering drug prices.___US officials say key rail safety technology 90% completeWASHINGTON (AP) — Federal railway officials say the railroad industry has installed safety technology on nearly 90% of tracks where it is required, but “significant work” is needed to ensure the technology is completely installed by a December 2020 deadline. The Federal Railroad Administration chief says technology known as positive train control, or PTC, is in operation on more than 50,000 route miles of the nearly 58,000 route miles where it is required.___US says new round of talks with China were ‘constructive’SHANGHAI (AP) — The White House says U.S. and Chinese envoys have held “constructive” trade talks, after President Donald Trump rattled financial markets by accusing Beijing of trying to stall in hopes he will fail to win reelection in 2020. The meeting, aimed at ending a tariff war over trade and technology, ended about 40 minutes ahead of schedule. But the White House said in a statement hours later that talks are expected to resume in Washington in September.___Stocks sink as Powell dents hopes for multiple rate cutsStocks fell and bond yields rose after the Federal Reserve lowered its key interest rate for the first time in a decade but left investors feeling uncertain about the likelihood of future cuts. At a news conference, Fed Chairman Jerome Powell said there could be more rate cuts, but that the central bank was not intending to embark on a long cycle of lowering interest rates. That roiled markets, briefly knocking the Dow Jones Industrial Average down more than 470 points.___Billionaire, friend taking plea deal in Las Vegas drug caseLAS VEGAS (AP) — California billionaire and crime victim rights advocate Henry T. Nicholas III and a friend are taking a plea deal sparing them prison time in a Las Vegas Strip hotel room drug case. Their attorneys said Wednesday that Nicholas and co-defendant Ashley Fargo will enter a so-called “Alford plea” to felony drug possession and make a $1 million donation to a drug treatment program. Their pleas do not admit guilt. Nicholas co-founded Broadcom and Forbes estimates his net worth at more than $4 billion.___Drug industry warns importing meds riskyWASHINGTON (AP) — The drug industry lobby says the Trump administration’s plan to let Americans import cheaper prescription drugs from Canada is “far too dangerous.” Pharmaceutical Research and Manufacturers of America says there’s “no way to guarantee the safety of drugs” coming from outside the U.S. It also says law enforcement has repeatedly warned that importation schemes could worsen the U.S. opioid crisis.___Boris Johnson visits Belfast as Brexit woes hurt UK economyLONDON (AP) — British Prime Minister Boris Johnson has met political leaders in Northern Ireland, where he faces a doubly difficult challenge: restoring the collapsed Belfast government and finding a solution for the Irish border after the UK leaves the European Union. Northern Ireland’s 1.8 million people have been without a functioning government since it collapsed in 2017. Johnson, who in the last week has been booed in Scotland and Wales, faced more protesters Wednesday in Northern Ireland.___The S&P 500 index dropped 32.80 points, or 1.1%, to 2,980.38. The Dow Jones Industrial Average lost 333.75 points, or 1.2%, to 26,864.27. The Nasdaq composite fell 98.19 points, or 1.2%, to 8,175.42. The Russell 2000 index of smaller companies slid 10.99 points, or 0.7%, to 1,574.61.The Associated Press read more

GuineaBissau spotlights threats of organized crime Sahel terrorism in speech to UN

Although criminal gangs have used the country as a transit point for illicit drugs, she reported that recent police operations have resulted in record seizures.“This demonstration of our Government’s political will and determination to combat this scourge has deeply affected the political structures that sustain these businesses,” she said.“It is clear that organized crime takes advantage of the fragility of our State with respect to entrenched local interests. In this regard, it is essential that we strengthen the mechanisms that our main partners use to monitor the political process in Guinea-Bissau.”Following legislative elections held in March, a new Government was inaugurated in July under Prime Minister Aristides Gomes.Prior to the vote, Guinea-Bissau had been caught in a constitutional crisis which began in 2015 when President José Mário Vaz replaced the Government of Prime Minister Domingos Simões Pereira. As a result, there had been seven different Heads of Government.Ms. Barbosa outlined the current administration’s priorities, which include promoting inclusive dialogue to consolidate political stability and consensus around key issues such as institutional reform and revision of the Constitution.“In addition to strengthening the democratic legitimacy of our political institutions, we intend to build the foundations for a better structured and more united society,” she said.Guinea-Bissau will hold a Presidential election in November, and the Foreign Minister underlined the need for technical and financial assistance. The UN Integrated Peacebuilding Office in Guinea-Bissau (UNIOGBIS) is working to ensure the smooth completion of the electoral process.Support counter-terrorism in the SahelTurning to the wider region, Ms. Barbosa appealed for international financing for the G5 Sahel to ensure its operational readiness.The joint force brings together five countries – Burkina Faso, Mali, Mauritania, Niger and Chad – committed to combating jihadist groups in the region.“The Sahel region is a perfect illustration of the devastating danger that terrorism poses to the world,” she said. “More than a regional threat, it affects the whole continent and may adversely impact world peace.”Appeal for African representation in the UN Security CouncilMs. Barbosa joined other speakers who advocated for greater African representation in the UN Security Council.Currently, only five countries – China, France, Russia, the United Kingdom and the United States – are permanent members of the body, possessing the right to veto.Ten countries are also appointed as non-permanent members, serving two-year terms.Ms. Barbosa called for the Council to be expanded so that Africa would have two permanent seats “with veto power” as well as five non-permanent seats. read more

ThyssenKrupp merges Polysius and KH Mineral assets in France

first_imgThe industrial and technology group ThyssenKrupp is strengthening its plant technology capabilities in France by merging the formerly separate entities Polysius and KH Mineral to become ThyssenKrupp Industrial Solutions (France). The step comes into effect as of October 1, 2015. The company said that this strategic move “is another milestone for the plant engineering and construction specialist of the ThyssenKrupp Group in its efforts to further promote the integration and regionalisation of its plant technology business worldwide. It pursues ThyssenKrupp’s overriding goal of integrating its businesses more closely to create sustainable value as a diversified industrial group.” As of today, ThyssenKrupp Industrial Solutions (France) employs around 300 employees at two locations in Aix-en-Provence and Sarreguemines.Samir Abi Ramia, CEO of ThyssenKrupp Industrial Solutions (France): “On the basis of decades of experience in EMEA markets, excellent engineering skills and proven technologies, we can now offer tailor-made solutions for the cement, mining and raw materials industries in general from a single source. Joining our forces in France while at the same time benefiting from the global network of one of the world’s leading engineering and construction specialists will enable us serve our customers’ needs even better.”By combining the French operations, ThyssenKrupp Industrial Solutions is taking the next step to becoming a leading provider in the areas of plant engineering, procurement and construction for clients in the region across the cement, minerals, bulk materials handling and processing, and mining industries. The turnkey contract experience of the former Polysius will be a major asset for ThyssenKrupp Industrial Solutions (France) which will be extended to the management of important mining and quarry projects, while the experience of the former KH Mineral contributes expertise in the management of short-term projects and in reinforcing the single machine business.Under the roof of ThyssenKrupp Industrial Solutions, plant technology operations worldwide are managed by the two business units Process Technologies and Resource Technologies. Process Technologies is focused on engineering, procurement and construction for chemical, refinery and other industrial plants, while Resource Technologies offers a comprehensive product portfolio and a wide sales and service network to customers in the mining, cement, mineral processing and materials handling industries.last_img read more

Alleged Air Corps chemical exposure victims call for investigator to be replaced

first_img 10 Comments By Garreth MacNamee Tweet thisShare on FacebookEmail this article Short URL 9,763 Views Share25 Tweet Email1 Alleged Air Corps chemical exposure victims call for investigator to be replaced Christopher O’Toole was a senior advisor to the Attorney General – a body named as the defendant in court documents. AN INDEPENDENT ASSESSOR appointed to investigate claims of chemical abuse in the Air Corps is a former senior advisor to the Attorney General, a body being pursued in court by the alleged victims.Six current and former members of the Air Corps are currently going through the State Claims Agency after they alleged they were exposed to toxic chemicals while working for the Corps between 1991 and 2006.Christopher O’Toole was appointed by Junior Defence Minister Paul Kehoe to independently assess the claims.However, the claimants have been left frustrated after finding out that O’Toole is a former senior official at the Office of the Attorney General, one of the bodies which they are taking the case against.Some of the Air Corps members now want O’Toole replaced.The claimants feel his presence compromises the balance of the investigation.The Air Corps members allege that they were subjected to a wide range of problems, including:Zero chemical risk assessmentsZero health surveillanceSick staff accused of malingeringZero chemical trainingStaff ordered to climb into trichloroethylene tanks without breathing apparatus to clean sludgeAll named parties said they suffered serious injuries from chemical exposure when they were working at the Casement Aerodrome, Dublin, in the 90s.They claim that Air Corps personnel contracted cancers, cardiovascular illnesses as well as serious gastrointestinal problems due to the exposure.In a statement to, The Department of Defence has defended Minister Kehoe’s actions.“The independent third-party appointed by Minister Kehoe to investigate the protected disclosures is Christopher O’Toole.  Mr O’Toole is a former senior official of the Office of the Attorney General. Therefore, the Minister is satisfied that no conflict of interest arises.  In addition, you may wish to note that as the Minister informed the Dáil on Wednesday, the State Claims Agency is the body managing the 6 claims taken by former and current members of the Air Corps for personal injuries alleging exposure to chemical and toxic substances whilst working in the Air Corps in the period 1991 to 2006.”The cases of the soldiers, as first covered in the Irish Examiner earlier this month, are being supported by a number of TDsOne is Sinn Féin TD Aengus Ó Snodaigh who said “it is worrying that the concerns of personnel were dismissed when first raised with the Air Corps doctor in the 1990s and the potential dangers of working with these chemicals were not explained nor more robust measures put in place to minimise the risk”.Read: Investigator in Sean FitzPatrick trial shredded documents in ‘calamitous error’ >Read: Autopsies ordered on bodies of six teenagers who died after party in Germany > Jan 31st 2017, 6:10 AM Tuesday 31 Jan 2017, 6:10 AMlast_img read more

Un arrêté ministériel autorise labattage de 24 loups dans lannée

first_imgUn arrêté ministériel autorise l’abattage de 24 loups dans l’annéeSelon un arrêté, signé hier par les ministres de l’Écologie et de l’Agriculture, il sera autorisé d’abattre au maximum 24 loups dans les 12 prochains mois afin de protéger les troupeaux.Les ministres de l’Écologie et de l’Agriculture, Delphine Batho et Stéphane Le Foll, ont signé le plan national loup 2013-2017 et “trois arrêtés nécessaires à sa mise en œuvre”. Il s’agit, d’une part, de protéger les loups et d’autre part de poser les conditions dans lesquelles il sera autorisé de les abattre.À lire aussiQuand des hommes viennent en aide à un loup pris au piège dans une clôtureAinsi, un des arrêtés “fixe à 24 le nombre maximum de loups dont l’abattage pourra être autorisé pour la période 2013-2014”. Ils pourront être abattus dans certaines zones dans la mesure où ils représentent une menace avérée pour les troupeaux.Protéger les troupeauxLe chiffre de 24 a été déterminé en mars, en accord avec les associations écologistes et les éleveurs de moutons. Ce chiffre “a été déterminé pour garantir la progression de l’espèce, mais une progression faible parce qu’actuellement, les loups progressent de 19% par an, ce qui est assez spectaculaire”, a indiqué le député des Alpes-de-Haute-Provence, Christophe Castaner, président du Groupe national loup.TV5monde rappelle que  le  plafond autorisé en 2012-13 était de 11, bien qu’entre 2008 et 2012, seuls sept loups aient été tués.Le 18 mai 2013 à 08:01 • Maxime Lambertlast_img read more