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Question: Fitch: Most APAC Covered Bonds Increase Buffer Against Downgrade

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(The following statement was released by the rating agency) Link to Fitch Ratings' Report: APAC Covered Bonds Quarterly - 4Q16 here SYDNEY/SEOUL, February 13 (Fitch) Most Asia-Pacific (APAC) covered bond programmes benefit from a wider buffer against downgrade following the implementation of Fitch Rating's updated covered bond criteria on 26 October 2016, the agency says. This reflects the higher maximum rating uplift of six notches under the new payment continuity uplift assigned to 11 out of the region's 13 programmes. All programmes were affirmed at 'AAA'/Stable. The APAC Covered Bonds Quarterly - 4Q16, published today, also summarises the impact the new criteria has on 'AAA' breakeven overcollateralisation and the recovery uplift for programmes and was updated to incorporate the new criteria components in its surveillance of the programmes. Oversea-Chinese Banking Corp (AA-/Stable/F1+) established its programme during the quarter and joins the two other major Singapore banks with established covered bond programmes. Fitch assigned an expected rating of 'AAA(EXP)'/Stable based on the programme's proposed initial issuance. Covered bond issuance in 2016 was 150% higher in New Zealand at NZD5.9bn and 45% higher in Australia, at AUD16.8bn, compared with the previous year. In comparison, DBS Bank Ltd. (AA-/Stable/F1+) issuance decreased and Kookmin Bank's (A/Stable/F1) remained stable. Fitch expects 2017 issuance in Australia and New Zealand to remain at 2016 levels, with increased issuance from Singapore. Fitch also published its "Banks' Use of Covered Bonds: 2016 Update" in December 2016, which notes a continued global decline in covered bond encumbrance. Today's report includes a summary of APAC covered bond programme issuance and encumbrance, with a link to the published report and data. The report includes data as at 31 December 2016 and can be accessed at www.fitchratings.com or via the link above. Contact: Claire Heaton Senior Director +61 2 8256 0361 Fitch Australia Pty Ltd Level 15 77 King Street Sydney NSW 2000 Keum Hee Oh Director +822 3278 8373 Vickie Brumwell Senior Director +61 2 8256 0305 Media Relations: Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com; Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: wailun.wan@fitchratings.com. Additional information is available on www.fitchratings.com ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: here. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEB SITE AT WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA, AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE, AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE CODE OF CONDUCT SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE. Copyright © 2017 by Fitch Ratings, Inc., Fitch Ratings Ltd. and its subsidiaries. 33 Whitehall Street, NY, NY 10004. Telephone: 1-800-753-4824, (212) 908-0500. Fax: (212) 480-4435. Reproduction or retransmission in whole or in part is prohibited except by permission. All rights reserved. In issuing and maintaining its ratings and in making other reports (including forecast information), Fitch relies on factual information it receives from issuers and underwriters and from other sources Fitch believes to be credible. Fitch conducts a reasonable investigation of the factual information relied upon by it in accordance with its ratings methodology, and obtains reasonable verification of that information from independent sources, to the extent such sources are available for a given security or in a given jurisdiction. The manner of Fitch’s factual investigation and the scope of the third-party verification it obtains will vary depending on the nature of the rated security and its issuer, the requirements and practices in the jurisdiction in which the rated security is offered and sold and/or the issuer is located, the availability and nature of relevant public information, access to the management of the issuer and its advisers, the availability of pre-existing third-party verifications such as audit reports, agreed-upon procedures letters, appraisals, actuarial reports, engineering reports, legal opinions and other reports provided by third parties, the availability of independent and competent third- party verification sources with respect to the particular security or in the particular jurisdiction of the issuer, and a variety of other factors. Users of Fitch’s ratings and reports should understand that neither an enhanced factual investigation nor any third-party verification can ensure that all of the information Fitch relies on in connection with a rating or a report will be accurate and complete. Ultimately, the issuer and its advisers are responsible for the accuracy of the information they provide to Fitch and to the market in offering documents and other reports. In issuing its ratings and its reports, Fitch must rely on the work of experts, including independent auditors with respect to financial statements and attorneys with respect to legal and tax matters. Further, ratings and forecasts of financial and other information are inherently forward-looking and embody assumptions and predictions about future events that by their nature cannot be verified as facts. As a result, despite any verification of current facts, ratings and forecasts can be affected by future events or conditions that were not anticipated at the time a rating or forecast was issued or affirmed. The information in this report is provided “as is” without any representation or warranty of any kind, and Fitch does not represent or warrant that the report or any of its contents will meet any of the requirements of a recipient of the report. A Fitch rating is an opinion as to the creditworthiness of a security. This opinion and reports made by Fitch are based on established criteria and methodologies that Fitch is continuously evaluating and updating. Therefore, ratings and reports are the collective work product of Fitch and no individual, or group of individuals, is solely responsible for a rating or a report. The rating does not address the risk of loss due to risks other than credit risk, unless such risk is specifically mentioned. 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Fitch receives fees from issuers, insurers, guarantors, other obligors, and underwriters for rating securities. Such fees generally vary from US$1,000 to US$750,000 (or the applicable currency equivalent) per issue. In certain cases, Fitch will rate all or a number of issues issued by a particular issuer, or insured or guaranteed by a particular insurer or guarantor, for a single annual fee. Such fees are expected to vary from US$10,000 to US$1,500,000 (or the applicable currency equivalent). The assignment, publication, or dissemination of a rating by Fitch shall not constitute a consent by Fitch to use its name as an expert in connection with any registration statement filed under the United States securities laws, the Financial Services and Markets Act of 2000 of the United Kingdom, or the securities laws of any particular jurisdiction. 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LONDON, July 4, 2018 /PRNewswire/ -- This report analyzes the worldwide markets for Electric Shavers in US$.
The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.
Download the full report: https://www.reportbuyer.com/product/5443636
The report profiles 31 companies including many key and niche players such as:
- Conair Corporation
- Koninklijke Philips N.V
- Panasonic Corporation
- The Procter & Gamble Company
- Spectrum Brands Holdings, Inc.
Download the full report: https://www.reportbuyer.com/product/5443636
ELECTRIC SHAVERS MCP-8681 A GLOBAL STRATEGIC BUSINESS REPORT CONTENTS
I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
II. EXECUTIVE SUMMARY
1. INDUSTRY OVERVIEW
Electric Shavers: Providing Faster, Efficient, Convenient, Cost-Effective, and Comfortable Shave
Market Fortunes Significantly Influenced by Trends in the Shaving Products Sector
Major Trends & Drivers for the Shaving Products Market
Key Issues Confronting the Shaving Products Sector
Global Market Outlook
Asia-Pacific: Fastest Growing Electric Shavers Market Worldwide
Table 1: Global Electric Shavers Market - Geographic Regions Ranked by CAGR (Value Sales) for 2015-2022: Asia-Pacific, Latin America, Rest of World, US, Europe, Canada, and Japan (includes corresponding Graph/Chart)
2. COMPETITION
Electric Shavers: An Oligopolistic Market
Table 2: Leading Players in the Global Electric Shavers Market (2016E): Percentage Breakdown of Value Sales for Braun, Panasonic, Philips/Norelco and Others (includes corresponding Graph/Chart)
Table 3: Leading Players in the Global Electric Body Shavers Market (2016E): Percentage Breakdown of Volume Sales for Braun, Panasonic, Philips/ Norelco, Spectrum Brands, and Others (includes corresponding Graph/Chart)
Philips Norelco: Sustaining Leadership through Innovations
Philips Shavers: An Innovation Driven Journey Since 1939
Braun Electric Shavers: Transforming Shaving Since 1950
Braun Electric Shavers: Innovation Journey over the Years
Noteworthy Electric Shaver Brands and Models of 2016 & 2017
Electric Shavers: Name of Brand/Model and Key Features
Noteworthy Electrical Trimmer Brands and Models of 2016 & 2017
Electrical Trimmers: Name of Brand/Model, Category, and Key Features
Noteworthy Electric Head Shaver Brands and Models of 2016 & 2017: Name of Brand/Model and Key Features
Electric Head Shavers: Name of Brand/Model, Category, and Key Features
Noteworthy Electric Shaver Brands and Models for Women in 2016 & 2017: Name of Brand/Model and Key Features
Electric Shavers for Women: Name of Brand/Model, and Key Features
Noteworthy Epilator Brands and Models for Women in 2016 & 2017: Name of Brand/Model and Key Features
Epilators: Name of Brand/Model, Category, and Key Features
Noteworthy Electric Personal Grooming Accessories for Men in 2016 & 2017: Name of Brand/Model, Category and Key Features
Personal Grooming Accessories: Name of Brand/Model, Category, and Key Features
Competition: Major Trends
Intense Competition Aids Innovation
Product Aesthetics Weigh over Technology
Lower Price Products Create a New Niche
The Beard Sporting and Moustache Fad Temporarily Impact Market Dynamics
Expanding Global Presence: An Important Strategy for Sustaining Business
New Strategies to Promote Low-Cost Offerings
Cheaper Imports Compel Western Companies to Outsource Manufacturing
Manufacturers Make Efforts to Use Eco-Friendly Materials
Internet Marketing Fuels Market Competition
3. MARKET TRENDS, ISSUES AND DRIVERS
The 15-59 Years Age Group Accounting for the Largest Share of Global Population: The Fundamental Growth Driver
Table 4: World Population (2015) by Age Group: Percentage Share Breakdown for Less than 15 Years, 15-64 Years, Above 65 Years (includes corresponding Graph/Chart)
Table 5: World Population (2015) by Gender: Percentage Share Breakdown for Male and Female (includes corresponding Graph/Chart)
Table 6: 15-64 Year Population as a Percentage of Total Population in Major Countries Worldwide (2015) (includes corresponding Graph/Chart)
India & China: Two Countries with the Largest Young Population Offer Huge Market Expansion Opportunities
Table 7: Ten Largest Populated Countries Worldwide (July 2015): Total Population (in Millions) by Age Group 0-14 Years, 15-59 Years, 60+ Years for China, India, USA, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia and Mexico (includes corresponding Graph/Chart)
Growing Focus on Personal Grooming among Men Drives Healthy Market Demand
Manscaping Trend Shifts Focus from Male Facial Hair to Body Shaving
Male Hair Removal Gadgets: A Growth Engine for Personal Care Appliances Market
Surging Popularity of Premium High-Priced Electric Shavers Bodes Well for the Market
Ear and Nose Trimmers: An Underdeveloped Market Offering Untapped Growth Potential
Increasing Demand for Female Shaving Products Benefit Market Expansion
Opportune Time for Implementing Women-Focused Retail Strategies
Metrosexual Trends Goes Mainstream, Expanding Beyond Urban Youth
Expanding Urban Population: A Mega Trend Favoring Market Growth
Table 8: Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050P (includes corresponding Graph/Chart)
Growing Middle Class Population Worldwide
Table 9: Global Middle Class Population (in Millions) by Geographic Region: 2010, 2020P & 2030P (includes corresponding Graph/Chart)
4. INNOVATIONS AND ADVANCEMENTS
Science Enabling Perfect Shave
Noteworthy Innovations in Design and Functionality
Innovative Shavers Head
Wet and Dry Functionalities
Automatic Cleaning-cum-Charging Docks
Personalization
Philipsâ€™ 9000 Series Offers the Closest Shave Ever
Philips Electric Shaver Featuring Click-on and Click-off Technology
Braun CoolTec Technology
PhilipsAquaTouch Wet and Dry Electric Shaver
ShaveTech: An Electric Razor with a USB Port for Charging
Sustainable Shaving: Usage of Solar Energy for Charging Shavers
5. ELECTRIC SHAVERS: PRODUCT OVERVIEW
6. PRODUCT INNOVATIONS AND INTRODUCTIONS
Braun Unveils New Range of Multi-Grooming Kits and Beard Trimmers
Philips Launches Shaver Series 9000, Model 9031/26
Panasonic Introduces Arc5 Premium 5-Blade Men Electric Shavers
Bevel Unveils Bevel Trimmer
Panasonic Introduces New Lv9n Electric Shaver for Men
Philips Unveils Philips AquaTouch S5070
Braun Unveils All New Braun Series 9 Electric Razor
Philips Introduces New Product Category, Philips Bodygroom Series 1000
RemingtonÂ® Launches SmartEdgeâ„¢ Foil Shaver
Panasonic Introduces New LT-series Arc3 3-Blade Wet/Dry Shavers
7. FOCUS ON SELECT GLOBAL PLAYERS
Conair Corporation (USA)
BaByliss (UK)
Koninklijke Philips N.V. (The Netherlands)
Panasonic Corporation (Japan)
The Procter & Gamble Company (USA)
The Gillette Company (USA)
Braun GmbH (Germany)
Spectrum Brands Holdings, Inc. (USA)
Remington Products Company L.L.C (USA)
Wahl Clipper Corporation (US)
8. GLOBAL MARKET PERSPECTIVE
Table 10: World Recent Past, Current & Future Analysis for Electric Shavers by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 11: World Historic Review for Electric Shavers by Geographic Region/ Country - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
Table 12: World 14-Year Perspective for Electric Shavers by Geographic Region/ Country - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)
III. MARKET
1. THE UNITED STATES
A.Market Analysis
Convenience as well as Safety Attributes of Electric Shavers Drive Healthy Market Demand
Rising Demand for Women Shaving Products Augurs Well for Market Expansion
Cheap Chinese Imports and Shrinking Disposable Incomes: Key Market Concerns
Men Grooming Industry in the US Moves beyond Shaving Products
Steady Evolution of the Overall Shaving Products Market in the US
US Men Shaving Statistics
US Women Shaving Statistics
Competitive Landscape
Table 13: Leading Players in the US Men's Electric Shavers Market (2016E): Percentage Market Share Breakdown for Philips/Norelco, Remington, Gillette/Braun, Wahl, Panasonic, Conair, and Others (includes corresponding Graph/Chart)
Table 14: Men Shavers Market in the US by Distributional Channel (2016E): Percentage Breakdown of Value Sales for Mass Merchants, Food Stores, Drugstores, Discount Stores and Club, Convenience, Military & Others (includes corresponding Graph/Chart)
Disruptive Distribution Channels Heats up Competition in the Shaving Products Market
Lower Cost Offerings Fuel Rise of Disruptive Channels
Product Launches
Select Key Players
B.Market Analytics
Table 15: The US Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 16: The US Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
2. CANADA
A.Market Analysis
Baby Boomers and Youth Drive Market Demand for Shavers in Canada
B.Market Analytics
Table 17: Canadian Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 18: Canadian Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
3. JAPAN
A.Market Analysis
Companies Attract Youngsters with In-bath Electric Shavers
Table 19: Leading Electric Shaver Brands in Japan (2016E): Percentage Share Breakdown of Retail Value Sales for Gillette/ Braun, Hitachi, Panasonic, and Others (includes corresponding Graph/Chart)
Select Key Players
B.Market Analytics
Table 20: Japanese Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 21: Japanese Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
4. EUROPE
A.Market Analysis
Men Grooming Products: Eastern Europe Holds Potential for Strong Growth
Table 22: Western Europe Retail Sales of Men's Grooming Products by Distribution Channel (2016E): Percentage Breakdown of Value Sales for Beauty Product Specialist Stores, Drug Stores & Chemists, Online Retail, Supermarkets & Hypermarkets, and Others (includes corresponding Graph/Chart)
Table 23: Eastern Europe Retail Sales of Men's Grooming Products by Distribution Channel (2016E): Percentage Breakdown of Value Sales for Beauty Product Specialist Stores, Department Stores, Direct Selling, Drug Stores & Chemists, Online Retail, Supermarkets & Hypermarkets, and Others (includes corresponding Graph/Chart)
B.Market Analytics
Table 24: European Recent Past, Current & Future Analysis for Electric Shavers by Geographic Region/Country - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 25: European Historic Review for Electric Shavers by Geographic Region/ Country - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
Table 26: European 14-Year Perspective for Electric Shavers by Geographic Region/Country - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)
4a. FRANCE
A.Market Analysis
France: A Key Market for Shaving Products in Europe
Market for Men Grooming Products in France: A Macro Perspective
B.Market Analytics
Table 27: French Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 28: French Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
4b. GERMANY
A.Market Analysis
Increasing Attention on Appearance Drives Market Demand in Germany
Shaving Products Dominate the German Men Grooming Market
Product Launch
Select Key Players
B.Market Analytics
Table 29: German Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 30: German Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
4c. ITALY
A.Market Analysis
Increased Focus on Personal Grooming among Italian Men Spurs Demand
B.Market Analytics
Table 31: Italian Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 32: Italian Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
4d. THE UNITED KINGDOM
A.Market Analysis
Demand for Men Shaving Products Witness Steady Growth
Competitive Pricing Limits Profitability
Women are Key Customers for Men Electric Shavers
Majority Men Associate Dry Shaving with Irritation and Less Efficiency
Aggressive Marketing Captures Men Attention
BaByliss - A Major UK-Based Company
B.Market Analytics
Table 33: UK Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 34: UK Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
4e. SPAIN
Market Analysis
Table 35: Spanish Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 36: Spanish Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
4f. RUSSIA
A.Market Analysis
Demand for Electric Shavers Benefit from the Booming Men Grooming Products Market
Wet Shaving - Most Popular Shaving Technique in Russia
B.Market Analytics
Table 37: Russian Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 38: Russian Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
4g. REST OF EUROPE
A.Market Analysis
Select Regional Markets
Denmark
Finland
Ireland
The Netherlands
Turkey
Product Launch
Koninklijke Philips N.V. (The Netherlands) - A Global Leading Company
B.Market Analytics
Table 39: Rest of Europe Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 40: Rest of Europe Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
5. ASIA-PACIFIC
A.Market Analysis
Relatively Low Product Awareness and Underpenetrated Markets Drive Faster Market Growth
China & India: Countries with the Largest Young Population Offers Lucrative Growth Opportunities
Table 41: Ten Largest Populated Countries Worldwide (July 2015): Total Population (in Millions) by Age Group 0-14 Years, 15-59 Years, 60+ Years for China, India, USA, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia and Mexico (includes corresponding Graph/Chart)
Table 42: Ten Largest Populated Countries Worldwide (July 2015): Percentage Population by Age Group 0-14 Years, 15-59 Years, 60+ Years for China, India, USA, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia and Mexico (includes corresponding Graph/Chart)
APAC Men Grooming Products Market: A Macro Perspective
Top 5 Men Grooming Products Ranked in Descending Order of Usage among Asian Men: 2016
B.Market Analytics
Table 43: Asia-Pacific Recent Past, Current & Future Analysis for Electric Shavers by Geographic Region/Country - China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 44: Asia-Pacific Historic Review for Electric Shavers by Geographic Region/Country - China, India and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
Table 45: Asia-Pacific 14-Year Perspective for Electric Shavers by Geographic Region/Country - Percentage Breakdown of Dollar Sales for China, India and Rest of Asia-Pacific Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)
5a. CHINA
A.Market Analysis
Launch of Sophisticated & Advanced Electric Shavers Drive Market Gains
Electric Shaver Manufacturing Industry in China Witnesses Increased Investment
Chinese Men Grooming Products Market: A Macro Perspective
Penetration of Male Grooming Remains Low in China Offering Huge Market Potential
Local and Foreign Brands Battle for Slice of Fast-Growing Chinese Market
List of Major International Manufacturers (and their Brands) in the Chinese Men's Grooming Products Market
List of Major Domestic Men's Grooming Products Manufacturers and their Brands
Select Key Players
B.Market Analytics
Table 46: Chinese Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 47: Chinese Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
5b. INDIA
A.Market Analysis
Styled Stubbles in Vogue Augurs Well for Electric Shavers and Trimmers Market
Indian Market for Shaving Products: A Broader Perspective
Competitive Landscape
Gillette Journey towards Market Leadership in India
Philips India Pursues Reverse Innovation Strategy
Changing Consumer and Retail Trends in India
Cheap Chinese Imports: A Threat to the Indian Manufacturing Sector
Companies Use Social Media Channels to Increase Awareness
Indian Men Grooming Industry Scales New Heights
Product Innovation and Diversification to Accelerate Market Growth
Product Launch
B.Market Analytics
Table 48: Indian Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 49: Indian Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
5c. REST OF ASIA-PACIFIC
A.Market Analysis
Select Regional Markets
Hong Kong
Indonesia
Malaysia
South Korea
Taiwan
Singapore
Vietnam
Product Launch
B.Market Analytics
Table 50: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 51: Rest of Asia-Pacific Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
6. LATIN AMERICA
A.Market Analysis
Latin America: A High-Growth Market
Male Cosmetics and Shaving Products Dominate
Male Grooming Products Retailing in Latin America
Table 52: Latin America Retail Sales of Men's Grooming Products by Distribution Channel (2016E): Percentage Breakdown of Value Sales for Beauty Product Specialist Stores, Direct Selling, Drug Stores & Chemists, Supermarkets & Hypermarkets, and Others (includes corresponding Graph/Chart)
B.Market Analytics
Table 53: Latin American Recent Past, Current & Future Analysis for Electric Shavers by Geographic Region/Country - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 54: Latin American Historic Review for Electric Shavers by Geographic Region/ Country - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
Table 55: Latin American 14-Year Perspective for Electric Shavers by Geographic Region/Country - Percentage Breakdown of Dollar Sales for Brazil and Rest of Latin America Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart)
6a. BRAZIL
A.Market Analysis
Expanding Young Population and Innovative Designs Drive Market Demand
Growth Drivers in a Nutshell
Brazilian Shaving Products Market: A Macro Perspective
B.Market Analytics
Table 56: Brazil Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 57: Brazil Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
6b. REST OF LATIN AMERICA
A.Market Analysis
Argentina & Mexico: Key Shaving Products Markets in Latin America
B.Market Analytics
Table 58: Rest of Latin America Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 59: Rest of Latin America Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
7. REST OF WORLD
A.Market Analysis
Middle East & Africa: Potential Laden Markets
Product Launch
Epilady - A Major Israeli-Based Company
B.Market Analytics
Table 60: Rest of World Recent Past, Current & Future Analysis for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 61: Rest of World Historic Review for Electric Shavers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)
IV. COMPETITIVE LANDSCAPE
Total Companies Profiled: 31 (including Divisions/Subsidiaries - 47) The United States (16) Japan (1) Europe (15) - France (2) - Germany (3) - The United Kingdom (5) - Spain (1) - Rest of Europe (4) Asia-Pacific (Excluding Japan) (13) Middle East (2)
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Question: Milwaukee Day, Back Again for 2017

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It’s that time of year again: the Brewers are back in town, the weather is ever-so-slowly getting nicer, and tax day is perilously close. And, of course, this Friday is April 14 – 4/14 – better known around here as Milwaukee Day or, according to Webster’s Dictionary, “THE GREATEST DAY IN THE WORLD.”
Milwaukee Day 2012: Dictionary from milwaukeeday on Vimeo.
Milwaukee, as defined by Webster’s… according to Andy Silverman’s reading of it, anyway.
The day, now an official city holiday, has come a long way since local musician Andy Silverman got a text from his brother Toby noting that the date – April 14, 2010 – ought to be recognized as “Milwaukee Day.” The following year, Fox 6’s Ted Perry ran a segment on the day, featuring the small team of the holiday’s “founders” that Silverman assembled. The day has grown in stature ever since, inspiring Milwaukeeans to celebrate their city and to be proactive about keeping it a great place to live.
After several years of organizing around a central venue or event, Milwaukee Day has taken on a life of its own. “It's been incredible to see Milwaukee Day grow from an inside joke among a few friends to a citywide celebration of positivity,” Milwaukee Day co-founder Brent Gohde told Around MKE. “We always say Milwaukee is special in that it can have its own day because so many of our citizens are from here and stay here. We have a shared history. It's small enough that there are familiar touch-points we all share, and big enough that there's always something new to try.”
Of the festivities planned for 4/14, perhaps the most historically significant is the grand re-opening of Pabst Brewing Milwaukee at the historic brewery complex at 1037 W. Juneau. It is expected that the new Pabst operation will produce about 4,000 barrels of beer annually. For more fun with history, you can stop by Historic Milwaukee Inc’s Michigan Street offices for a special sale on shirts, glassware, and neighborhood posters or you can visit the Harley Davidson Museum for free admission if you are wearing a piece of Milwaukee-branding clothing.
Playing on the 4/14 theme, Brenner Brewing is teaming up with Too Much Rock for One Hand to offer a special pint glass with the iconic 414 address tile font logo. For $10, you get the glass and beer to fill it, only at the Brenner Brewing Company at 706 S. 5th Street. Too Much Metal Fred will be on hand as a guest bartender and to sell his rocking line of Milwaukee gear. Local Outpost stores will offer special “414” themed discounts and Radio Milwaukee 88.9 FM will be making a “big announcement” at 4:14 pm.
And, of course, no Milwaukee Day is complete without some live local music. Tarik Moody and David Wake are curating a reinterpretation of Stevie Wonder’s “Songs in the Key of Life” at Turner Hall Ballroom. The Cactus Club is hosting a record release show for local hip-hop act Blax. Milwaukee’s own Beatallica, the internationally-known Beatles/Metallica mash-up band, will headline a show at Club Garibaldi. Landmark Lanes will host Certain Stars with Lack of Reason and Trolley. And to get around on Milwaukee Day, Bublr Bikes is offering free 30-minute rides all day long.
As for Milwaukee Day recommendations, Gohde would steer people towards Turner Hall. “I'm personally partial to the Wonder Uncovered show at Turner Hall Ballroom.” He said. “These shows, an extension of the brilliant Alverno Presents series, always showcase a terrific cross-section of Milwaukee talent, and I always walk away with a few favorite local artist. But I'd also encourage folks to check out the Harley Davidson Museum and its beautiful campus… It's a great spot to learn some history of what's made Milwaukee known across the globe.”
Check out all of the Milwaukee Day happenings here.

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Have you ever seen what 5,000 bikes look like? You know…5,000 bicycles all together in one place? Especially when they’re all there in service of a great cause? Well, you have now…take a look at this video of the Tropic Smoothie Sea of Bikes at the 98.5 KLUC Chet Buchanan Show Toy Drive, which topped that magical 5,000 bike milestone on Sunday. Thanks to everybody!
And you just know there are going to be some equally fantastic moments Monday as we wrap up this 2017 event. Don’t miss it!
TOY DRIVE HEADQUARTERS
Day 10: Superheroes 4 Sully…with SWAT!
Day 9: Our Biggest Day Yet?
Day 8: Vegas Keeps Giving
Day 7: Human Nature, Terry Fator Drop By!
Day 6: The Numbers Mount
Day 5: Wow, Walgreens!
Day 4: Photo Gallery
Day 4: Chet Gets Reflective
Day 4: High Winds…and the Return of Angry Tent!
Day 3: Enter…the Car Clubs
Day 3: Photo Gallery
Day 3: C’mon Down!
Day 2: Entering Weekend 1 With a Bang!
Day 2: Photo Gallery
Day 1: Video Highlights
Day 1: Photo Gallery
Day 1: What’s Happened So Far…
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Question: WWE News, Spoilers: Goldberg Returns And Reveals His 'Royal Rumble' Plans

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It is going to be the first Monday Night Raw of the new year and it is shaping up to be a really big one as WWE builds toward the Royal Rumble. A number of feuds from 2016 are continuing over into 2017 with some interesting new title feuds being built up as well, but there’s something much bigger that the fans are looking forward to. On Raw, Goldberg will return and detail the plans he has for himself and Brock Lesnar.
The official website of WWE released their preview for the first Raw of 2017, and they really wanted to start things off with a bang. Having Goldberg appear is going to be huge, but it is possible that some new Royal Rumble participants could be added with the pay-per-view (PPV) just a few weeks away.
What does Goldberg have in store?
It has been just about a month since Goldberg was last seen on WWE television and that was when he announced he would join the big 30-man match. Now, the world knows that Brock Lesnar is also in the match, but nothing else has been revealed about further entrants or what plans are in store for the two big men already in it.
No one really has any idea what Goldberg is going to do on Monday night or what he may say to the WWE Universe. Maybe, he’s going to talk about his future in the company or what he plans to do to Brock Lesnar. Maybe, he’s ready to address someone else and another superstar will step up to the plate to take him on.
If someone else actually gets in the ring to face off with Goldberg, they have bigger ambitions for 2017 than a lot of other people.
Can Sami Zayn be the Last Man Standing?
WWE is continuing the feud between Braun Strowman and Sami Zayn for some reason even though the big man was booked as a main event monster on Raw a couple of weeks ago. Now, these two will have a Last Man Standing Match that could end in a result that doesn’t hurt either one of them.
It’s just odd that this match is going to happen at all after Strowman took out both Roman Reigns and Seth Rollins. Even at house shows, Strowman is destroying Zayn in matches as reported by Wrestling Inc., so, how is a Last Man Standing bout going to change anything?
Are Kevin Owens’ days numbered?
On Jan. 29, Roman Reigns will once again look to capture the WWE Universal Championship when he takes on Kevin Owens at the Royal Rumble. Last week, he held onto his United States Championship by defeating Owens on Raw, but he still wants more and plans on getting it.
At the PPV, Owens’ best friend Chris Jericho will be locked in a shark cage and hanging high above the ring so he can’t interfere. Kevin Owens is all on his own for this match and some fans are worried their worst fears will soon come true.
Will Neville earn his crown as “King of the Cruiserweights”?
It seems like only a matter of time until Neville ends up capturing the Cruiserweight Championship on Raw. He already has one non-title victory over Rich Swann from last week’s 205 Live, and it seems like putting the belt around his waist is just a short waiting game now.
What’s next for Bayley?
Some people may think that Bayley’s loss to Charlotte Flair last week is the end of their feud, but it is far from over. With Dana Brooke as the evil referee, it wasn’t exactly possible for Bayley to end up with a victory and fans can expect a rematch to be put in place soon, but this time, for the Raw Women’s Championship.
Most likely, that title will be on the line at the Royal Rumble where “The Huggable One” may win her first-ever main roster belt.
This week’s Monday Night Raw is one that a lot of fans can’t wait for, and that is for a number of reasons but two in particular. Yes, the new feuds and the battle over the WWE Universal Championship between Kevin Owens and Roman Reigns are exciting, but there’s something bigger. The return to television of Goldberg and the build-up to the always exciting Royal Rumble are leading the pack and opening 2017 in big ways.
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The first WWE RAW of 2017 takes place tonight from the Amalie Arena in Tampa with Bill Goldberg’s return and more.
Confirmed for tonight’s show is Braun Strowman vs. Sami Zayn in a Last Man Standing match.
WWE is focused on the following points for tonight:
What does Goldberg have in store?
Can Sami Zayn be the Last Man Standing?
Are Kevin Owens’ days numbered?
Will Neville earn his crown as “King of the Cruiserweights”?
What’s next for Bayley?
Follow Marc on Twitter at @this_is_marc. Send any news, tips or corrections to us by clicking here.
WWE Considering Big Turn, Must See New Maryse & Noelle Foley, Triple H Ready to Push Former TNA Star on RAW, WrestleMania 33 Main Events, WWE Star Gets Backstage Heat, New GIFs & Galleries, More
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Question: Padres look to snap 4-game skid as they host D-backs (Apr 18, 2017)

SAN DIEGO — Arizona Diamondbacks right-hander Shelby Miller is keen to prove he is able after being unraveled by Cain.
Miller faces the Padres on Tuesday night in a game that kicks off San Diego’s second homestand.
Jarred Cosart (0-0) is matched against the unpredictable Miller (1-1) as the Padres try to snap a four-game losing streak in the first of three games between the clubs at Petco Park.
Miller’s pitching deteriorated after he allowed a booming fifth-inning double to Giants pitcher Matt Cain in his last start. Before San Francisco’s second hit, Miller was cruising, retiring eight of nine batters and protecting a 1-0 lead.
However, the inning turned into a three-run bonanza for the Giants. Miller wound up charged with three runs on seven hits in 5 1/3 innings during a game Arizona went on to lose 6-2.
Miller was hopeful his second season with the Diamondbacks would include a burst from the gate. Arizona paid a dear price in acquiring him before last year, one that was nothing but a bummer for Miller.
He bounced between the majors and minors, unable to find focus or consistency. He finished at a cover-your-eyes 3-12 with a 6.15 ERA.
But Miller, coming off an encouraging spring training, has also showed how effective he can be this season. The Diamondbacks have their fingers crossed Miller, who is 1-2 in his career against the Padres, is on the rise.
“A lot of people were writing about or talking about, ‘What happened? What’s wrong with Shelby Miller?”‘ Diamondbacks pitching coach Mike Butcher told USA Today. “Nothing’s wrong with Shelby Miller.
“Everybody who’s played this game knows this is a tough game. He had a little speed bump last year. He’s in a really good place right now, mentally, physically, emotionally.”
Cosart is in a new place on the San Diego staff with Luis Perdomo waylaid by a bum shoulder. Cosart has seized the opportunity after first getting a starting audition while filling in for Trevor Cahill.
Cosart threw four scoreless innings in his lone start of the season at Coors Field last week, and he has the inside track to stay in the rotation with another good showing on Tuesday.
“Nerves early,” Cosart said after his outing against the Colorado Rockies. “I’m just trying to feel my way through instead of just trying to execute the pitches and execute the scouting report. Then the third and fourth (inning), I felt like that’s where I’d like to be for the rest of the year.”
If Cosart can beat Arizona for the second time in as many career decisions, it would be his first win since Sept. 24, 2015. Cosart went 0-4 last year pitching for the Marlins and Padres.
The Diamondbacks, who just split a four-game series with the Dodgers, have defeated the Padres in four consecutive games and took 10 of 19 games from them last year. Arizona swept the visiting Padres in a three-game set to end 2016.
The Padres are coming off a four-game sweep by the Braves in Atlanta. San Diego was outscored by a 23-8 margin during the initial series at new Sun Trust Park.
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Giancarlo Stanton homered again, tying the Miami Marlins' season record, and he became the sixth fastest player to reach 250 career homers.
With one swing of the bat in Sunday's 5-3 win over the Colorado Rockies, Miami Marlins slugger Giancarlo Stanton made history in a couple of ways.
Stanton's third-inning home run off Rockies starter German Márquez was his 42nd of the season, tying Gary Sheffield for the Marlins' single-season record, set in 1996.
Even more impressive, it was career home run number 250. Only Ryan Howard, Ralph Kiner, Harmon Killebrew, Albert Pujols and Juan Gonzalez reached the milestone faster than Stanton, 27.
"It's been fun," Stanton told reporters after the game. "It's been a fun challenge every night for me.
"There's sometimes where if [a pitcher] throws his pitch, it's going to get demolished. Can't explain it. As long as I get extension and lift on the ball, it's going to go."
Thanks to Stanton, the Marlins completed a three-game sweep of Colorado at Marlins Park. He homered in all three games.
SUNDAY'S RESULTS
Washington Nationals 2-4 San Francisco Giants
Washington Nationals 6-2 San Francisco Giants
Detroit Tigers 4-6 Minnesota Twins
Miami Marlins 5-3 Colorado Rockies
Milwaukee Brewers 7-4 Cincinnati Reds
St Louis Cardinals 3-6 Atlanta Braves
Oakland Athletics 9-3 Baltimore Orioles
Arizona Diamondbacks 2-7 Chicago Cubs
Toronto Blue Jays 7-1 Pittsburgh Pirates
Tampa Bay Rays 3-4 Cleveland Indians
Philadelphia Phillies 2-6 New York Mets
Chicago White Sox 6-14 Kansas City Royals
Texas Rangers 1-2 Houston Astros
Los Angeles Dodgers 6-4 San Diego Padres
Seattle Mariners 2-4 Los Angeles Angels
New York Yankees 2-3 Boston Red Sox
SALE SINKS YANKEES
In a key matchup with the rival Yankees, Red Sox lefty Chris Sale performed brilliantly, striking out 12 and yielding only four hits and one earned run in seven innings of work.
Royals second baseman Whit Merrifield homered, tripled and drove in five runs in Kansas City's win. He went three-for-six at the plate.
PARKER IN GAME TO FORGET
Giants outfielder Jarrett Parker struck out six times and went 0-for-nine against the Nationals in a doubleheader. He stranded five runners in the opener.
GORDON DENIES DELMONICO
Nicky Delmonico was probably thinking "home run," but Royals centrefielder Alex Gordon was thinking, "this is the final out."
BRAVES AT ROCKIES
On Monday, Rockies pitcher Chad Bettis will make his first MLB start since being diagnosed with testicular cancer last November. The 28-year-old right-hander underwent surgery and later chemotherapy in his treatment. He was 14-8 with a 4.79 ERA last season. Bettis will face Julio Teheran (7-1, 5.25 ERA)


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Question: Zero tolerance for pot use with drivers: report

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There should be zero tolerance for pot use by drivers or their passengers, a new report by the Canadian Mental Health Association Ontario branch recommends.
The report, Cannabis Legalization and Regulation, also says that all marijuana revenue should go to fund mental health and addiction services, and that the minimum age to purchase the product should be 19 years old.
“The risk is that legalization of cannabis may lead to an increase in use among Ontarians,” Camille Quenneville, CEO of CMHA Ontario, said in a statement Monday. “When taken together, our recommendations can minimize the harms associated with cannabis use and support a public health approach to this issue.”
As the Justin Trudeau government gets set to legalize pot by July 2018, CMHA Ontario prepared a report for the provincial government with recommendations on how to go forward.
The report says marijuana legalization should be viewed through a public health lens.
CMHA Ontario anticipates an increased need for mental health and addiction support services with legal pot, especially for youth and heavy consumers “ranging from brief interventions for at-risk users to more intensive interventions,” as well as extensive public education campaigns.
The “most concerning” issue is driving high, with data already showing that an estimated 10.4 million vehicle trips a year involve a motorist that had used marijuana, the report says.
Testing for drug-impaired driving may not accurately reflect the level of impairment, it says.
“Because the technology to detect an individual’s level of impairment due to cannabis is still in development at this time, CMHA Ontario recommends a zero-tolerance policy for cannabis consumption in any motorized vehicle in order to ensure road safety during this time of transition,” the report says. “A zero-tolerance policy would include both the driver of the motorized vehicle, as well as any passengers in the car. It is important that a clear message be sent to the public as soon as possible regarding zero tolerance for impaired driving due to cannabis use.”
While the Canadian Medical Association, which represents the nation’s doctors, called for a minimum legal pot-buying age of 21, CMHA Ontario suggested the lower age of 19.
“Frequent cannabis use can harm a developing brain and there is no evidence that supports a specific age when cannabis use is safe for young people,” the report says. “However, there are concerns that a higher minimum age may contribute to young people accessing cannabis from illegal sources. Establishing a higher minimum age standard will be less effective in undermining the black market, and may leave youth both criminalized and reliant on it.”
aartuso@postmedia.com

1:24 Woods Humane Society nearly out of animals after Black Friday sale Pause
2:48 Former Sacramento sex worker talks about life on the street
2:05 A history of medical marijuana in San Luis Obispo County
1:14 What will happen to Diablo Canyon after it closes?
1:28 California Republicans get sweaty for dog safety
0:31 Powerful message about texting while driving
0:51 Jerry Brown: Raising minimum wage moral, though 'may not make sense'
2:05 Pot operations turned California Valley into 'a circus'
0:26 Jerry Brown signs climate bill: 'This is big'


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Question: Most actively traded companies on the TSX

Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,477.00, down 75.06 points)
Katanga Mining Limited. (TSX:KAT). Miner. Up 21 cents, or 23.08 per cent, to $1.12 on 12.4 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down two cents, or 0.39 per cent, to $5.14 on 9.9 million shares.
Neovasc Inc. (TSX:NVC). Medical devices. Unchanged at six cents on 9.3 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 22 cents, or 2.74 per cent, to $8.24 on 7.5 million shares.
Enbridge Inc. (TSX:ENB). Oil and gas. Down $2.14, or 5.37 per cent, to $37.68 on 7.2 million shares. On Monday, a judge in Minnesota recommended that the company’s Line 3 pipeline replacement project follow its existing route across the state rather than the company’s preferred route.
Crescent Point Energy (TSX:CPG). Oil and gas. Up 13 cents, or 1.16 per cent, to $11.34 on 5.8 million shares.
Companies reporting major news:@
Mitel Networks Corp. (TSX:MNW). Communication equipment. Up $1.25, or 9.59 per cent, to $14.29 on 5.2 million shares. The company announced that its board is recommending a friendly privatization offer by an investor group led by Searchlight Capital Partners for about C$2.6 billion, including debt.
Restaurant Brands International Inc. (TSX:QSR). Fast food restaurants. Up $2.98, or 4.32 per cent, to $72.04 on 1.2 million shares. The company announced a plan Tuesday for improving the customer experience and sales at its Tim Hortons operations, which were the weak spots during an otherwise strong first quarter. It earned US$147.8 million (59 cents per diluted share) up from $50.2 million (21 cents per diluted share) a year ago. Revenue totalled $1.25 billion, up from $1 billion in the same quarter last year.

April 24 Australian shares are expected to trade sideways on Monday, with investors skittish ahead of an announcement regarding "major" tax reforms by President Donald Trump on Wednesday. "We'll be having a big announcement on Wednesday having to do with tax reform. The process has begun long ago but the reform will begin on Wednesday," Trump said at the U.S. Treasury Department. The local share price index futures stood fast at 5838 points, a 16.1-point discount to the underlying S&P/ASX 200 index close. The benchmark rose 0.6 percent on Friday. New Zealand's benchmark S&P/NZX 50 index rose 0.06 percent in early trade. For a summary of overnight action across global markets, double click on For a digest of the day's business stories in Australian newspapers, double click on (Reporting by Ambar Warrick in Bengaluru)


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Question: Brain cancer vaccine could be major breakthrough, scientists say

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A newly developed vaccine for glioblastoma shows 'remarkable' promise, according to preliminary results from a study of the treatment. Patients with the disease typically die within 2 years. Some in the trial have now lived as long as 7 years. Evan Vucci AP

1/22 Ketamine helps patients with severe depression ‘when nothing else works’ doctors say Ketamine helps patients with severe depression ‘when nothing else works’ doctors say Creative Commons/Psychonaught
2/22 Playing Tetris in hospital after a traumatic incident could prevent PTSD Scientists conducted the research on 71 car crash victims as they were waiting for treatment at one hospital’s accident and emergency department. They asked half of the patients to briefly recall the incident and then play the classic computer game, the others were given a written activity to complete. The researchers, from Karolinska Institute in Sweden and the University of Oxford, found that the patients who had played Tetris reported fewer intrusive memories, commonly known as flashbacks, in the week that followed Rex
3/22 Measles outbreak spreads across Europe as parents shun vaccinations, WHO warns Major measles outbreaks are spreading across Europe despite the availability of a safe, effective vaccine, the World Health Organisation has warned. Anti-vaccine movements are believed to have contributed to low rates of immunisation against the highly contagious disease in countries such as Italy and Romania, which have both seen a recent spike in infections. Zsuzsanna Jakab, the WHO’s regional director for Europe, said it was “of particular concern that measles cases are climbing in Europe” when they had been dropping for years Creative Commons
4/22 Vaping backed as healthier nicotine alternative to cigarettes after latest study Vaping has been given an emphatic thumbs up by health experts after the first long-term study of its effects in ex-smokers. After six months, people who switched from real to e-cigarettes had far fewer toxins and cancer-causing substances in their bodies than continual smokers, scientists found Getty Images
5/22 Common method of cooking rice can leave traces of arsenic in food, scientists warn Millions of people are putting themselves at risk by cooking their rice incorrectly, scientists have warned. Recent experiments show a common method of cooking rice — simply boiling it in a pan until the water has steamed out — can expose those who eat it to traces of the poison arsenic, which contaminates rice while it is growing as a result of industrial toxins and pesticides Getty Images/iStockphoto
6/22 Contraceptive gel that creates ‘reversible vasectomy’ shown to be effective in monkeys An injectable contraceptive gel that acts as a ‘reversible vasectomy’ is a step closer to being offered to men following successful trials on monkeys. Vasalgel is injected into the vas deferens, the small duct between the testicles and the urethra. It has so far been found to prevent 100 per cent of conceptions Vasalgel
7/22 Shift work and heavy lifting may reduce women’s fertility, study finds Women who work at night or do irregular shifts may experience a decline in fertility, a new study has found. Shift and night workers had fewer eggs capable of developing into healthy embryos than those who work regular daytime hours, according to researchers at Harvard University Getty Images/iStockphoto
8/22 Breakfast cereals targeted at children contain 'steadily high' sugar levels since 1992 despite producer claims A major pressure group has issued a fresh warning about perilously high amounts of sugar in breakfast cereals, specifically those designed for children, and has said that levels have barely been cut at all in the last two and a half decades Getty Images
9/22 Fight against pancreatic cancer takes ‘monumental leap forward’ Scientists have made a “monumental leap forward” in the treatment of pancreatic cancer after discovering using two drugs together dramatically improved patients’ chances of living more than five years after diagnosis. Getty Images/iStockphoto
10/22 Japanese government tells people to stop overworking The Japanese government has announced measures to limit the amount of overtime employees can do – in an attempt to stop people literally working themselves to death. A fifth of Japan’s workforce are at risk of death by overwork, known as karoshi, as they work more than 80 hours of overtime each month, according to a government survey. Getty Images
11/22 Over-cooked potatoes and burnt toast ‘could cause cancer’ The Food Standards Agency (FSA) has issued a public warning over the risks of acrylamide - a chemical compound that forms in some foods when they are cooked at high temperatures (above 120C). Getty Images/iStockphoto
12/22 Cervical cancer screening attendance hits 19 year low Cervical screening tests are a vital method of preventing cancer through the detection and treatment of abnormalities in the cervix, but new research shows that the number of women using this service has dropped to a 19 year low. Getty Images/iStockphoto
13/22 High blood pressure may protect over 80s from dementia The ConversationIt is well known that high blood pressure is a risk factor for dementia, so the results of a new study from the University of California, Irvine, are quite surprising. The researchers found that people who developed high blood pressure between the ages of 80-89 are less likely to develop Alzheimer’s disease (the most common form of dementia) over the next three years than people of the same age with normal blood pressure. Getty Images/iStockphoto
14/22 Most child antidepressants are ineffective and can lead to suicidal thoughts The majority of antidepressants are ineffective and may be unsafe, for children and teenager with major depression, experts have warned. In what is the most comprehensive comparison of 14 commonly prescribed antidepressant drugs to date, researchers found that only one brand was more effective at relieving symptoms of depression than a placebo. Another popular drug, venlafaxine, was shown increase the risk users engaging in suicidal thoughts and attempts at suicide Getty
15/22 'Universal cancer vaccine’ breakthrough claimed by experts Scientists have taken a “very positive step” towards creating a universal vaccine against cancer that makes the body’s immune system attack tumours as if they were a virus, experts have said. Writing in Nature, an international team of researchers described how they had taken pieces of cancer’s genetic RNA code, put them into tiny nanoparticles of fat and then injected the mixture into the bloodstreams of three patients in the advanced stages of the disease. The patients' immune systems responded by producing "killer" T-cells designed to attack cancer. The vaccine was also found to be effective in fighting “aggressively growing” tumours in mice, according to researchers, who were led by Professor Ugur Sahin from Johannes Gutenberg University in Germany Rex
16/22 Green tea could be used to treat brain issues caused by Down’s Syndrome A compound found in green tea could improve the cognitive abilities of those with Down’s syndrome, a team of scientists has discovered. Researchers found epigallocatechin gallate – which is especially present in green tea but can also be found in white and black teas – combined with cognitive stimulation, improved visual memory and led to more adaptive behaviour. Dr Rafael de la Torre, who led the year-long clinical trial along with Dr Mara Dierrssen, said: “The results suggest that individuals who received treatment with the green tea compound, together with the cognitive stimulation protocol, had better scores in their cognitive capacities”
17/22 Taking antidepressants in pregnancy ‘could double the risk of autism in toddlers’ Taking antidepressants during pregnancy could almost double the risk of a child being diagnosed with autism in the first years of life, a major study of nearly 150,000 pregnancies has suggested. Researchers have found a link between women in the later stages of pregnancy who were prescribed one of the most common types of antidepressant drugs, and autism diagnosed in children under seven years of age
18/22 Warning over Calpol Parents have been warned that giving children paracetamol-based medicines such as Calpol and Disprol too often could lead to serious health issues later in life. Leading paediatrician and professor of general paediatrics at University College London, Alastair Sutcliffe, said parents were overusing paracetamol to treat mild fevers. As a result, the risk of developing asthma, as well as kidney, heart and liver damage is heightened
19/22 Connections between brain cells destroyed in early stages of Alzheimer’s disease Scientists have pinpointed how connections in the brain are destroyed in the early stages of Alzheimer’s disease, in a study which it is hoped will help in the development of treatments for the debilitating condition. At the early stages of the development of Alzheimer’s disease the synapses – which connect the neurons in the brain – are destroyed, according to researchers at the University of New South Wales, Australia. The synapses are vital for brain function, particularly learning and forming memories
20/22 A prosthetic hand that lets people actually feel through The technology lets paralysed people feel actual sensations when touching objects — including light taps on the mechanical finger — and could be a huge breakthrough for prosthetics, according to its makers. The tool was used to let a 28-year-old man who has been paralysed for more than a decade. While prosthetics have previously been able to be controlled directly from the brain, it is the first time that signals have been successfully sent the other way
21/22 Aspirin could help boost therapies that fight cancer The latest therapies that fight cancer could work better when combined with aspirin, research has suggested. Scientists from the Francis Crick Institute in London say the anti-inflammatory pain killer suppresses a cancer molecule that allows tumours to evade the body’s immune defences. Laboratory tests have shown that skin, breast and bowel cancer cells often generate large amounts of this molecule, called prostaglandin E2 (PGE2). But Aspirin is one of a family of drugs that sends messages to the brain to block production of PGE2 and this means cancer cells can be attacked by the body’s natural defences


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Question: RPT-COLUMN-Trump cannot turn back time for ageing coal-fired power plants: Kemp

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(Repeat with no changes. John Kemp is a Reuters market analyst. The views expressed are his own)
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By John Kemp
LONDON, April 5 U.S. President Donald Trump has promised to end "the war on coal" waged by the previous administration and help put coal miners back to work.
In practice, coal production and employment have been victims of the shale gas revolution rather than government regulation.
Coal-fired power generation has been steadily losing market share to natural gas since 1988, according to data from the U.S. Energy Information Administration.
Coal accounted for 57 percent of electricity generation in 1988 but that share fell to 53 percent in 1998 and 50 percent in 2008 (tmsnrt.rs/2o3nRSL).
Gas has been the main beneficiary with its share of generation climbing from 9 percent in 1988 and 13 percent in 1998 to 20 percent in 2008.
For much of that period, coal's relative decline was cushioned by growing demand for electricity which provided an expanding market for all fuels.
Coal consumption by power producers peaked at 1.05 billion short tons in 2007, up from 758 million tons in 1988 (tmsnrt.rs/2nE69Sv).
But since then the coal industry has been hit a perfect storm of stagnating electricity demand, a sharp fall in the price of gas, and a record warm winter in 2015/16.
Coal has continued to lose out to gas in the generation system but since 2008 the decline has been absolute as well as relative terms because demand for electricity is no longer growing.
Gas prices have fallen sharply thanks to the shale revolution, encouraging power producers to build more gas-fired power plants and run them for more hours each year.
And the unusually mild winter of 2015/16 resulted in an enormous build up of coal stockpiles at power plants and a sharp reduction in new shipments from the mines (tmsnrt.rs/2nDS2fR).
The resulting wave of bankruptcies, mine closures, and job losses and layoffs crashed over the coal industry during 2015/16.
But mine closures and job losses were the result of market forces rather than job-killing government regulations introduced by the Obama administration.
MORE COAL CLOSURES
Most mining companies and coal analysts are cautiously optimistic about the outlook for production and employment in 2017/18.
Excess coal stocks at the country's power plants have been worked down and a modest rise in gas prices should encourage power producers to run gas-fired plants for fewer hours in 2017/18 (tmsnrt.rs/2o32b9q).
But the medium-term outlook for the coal industry remains poor, with more coal-fired power plants scheduled to close over the next five years to be replaced by a combination of gas and renewables.
Gas-fired generating capacity is scheduled to expand by another 8 percent over 2017/18 according to data from the U.S. Energy Information Administration.
At the same time, more coal plants are set to close, which will cut potential demand further even if gas prices increase modestly.
The problem is that most coal-fired power plants are now growing very old and nearing the end of their service life.
The capacity-weighted average U.S. power plant started generating in 1987, according to an analysis of EIA data (tmsnrt.rs/2o3hwqh).
But the average for all power plants conceals significant differences between coal and non-coal power generating units.
The capacity-weighted average coal-fired power plant started generating in 1976 and has now been producing power for 41 years (tmsnrt.rs/2p0ZYsB).
In contrast, the average non-coal power plant started generating in 2000 and has been producing electricity for less than 17 years (tmsnrt.rs/2nE3wA5).
COAL FLEET AGEING
Most coal plants were originally planned to operate for a minimum of 25 years without significant modification and their service life can be prolonged to 40 or even 50 years.
But as plants age they are increasingly likely to suffer mechanical breakdowns and need expensive components replacing ("Life extension of coal-fired power plants", IEA, 2005).
The main problems are associated with the steam generator and the turbines, which suffer from creep, fatigue, corrosion and erosion.
Repeated heating and cooling of the system accelerates the ageing process and shortens the service life even further.
Most coal plants were designed to operate as baseload, with a limited number of cold and warm starts to reduce the thermal stress on the components.
But many are now forced to operate on a two-shift system, operating only during peak hours and then coming off load when electricity demand drops.
Two-shifting involves more starts, and much more thermal stress on the components, speeding up the ageing process.
Many of the coal-fired power plants scheduled for closure in the next five years started generating in the 1950s and 1960s and are basically wearing out.
Some of them are small-scale and relatively inefficient, burn low-quality coal, or emit lots of mercury and other air pollutants.
In most cases, there is no economic case for replacing worn out boilers and turbines or fitting new pollution-control equipment.
Power plant operators mostly plan capacity expansions and refits on a 20-year horizon or longer and few see any benefit from upgrading or adding coal-fired units.
No new coal-fired power plants are currently planned, in contrast to many additional gas-fired and renewable power units, according to notices filed with the EIA.
Even if the Trump administration tries to throw a lifeline to coal-fired power plants, its four or eight-year time-span is too short to have much impact on capacity planning.
As the existing coal fleet continues to age, more power plants are likely to be retired because they are too expensive to maintain.
The Trump administration can end the "war on coal" but it cannot halt the march of time and fatigue which is gradually culling the coal fleet.
The amount of coal-fired generation capacity will continue to shrink. Any revival in coal consumption depends on a rise in gas prices to encourage power producers to use the remainder for more hours each year.
(Editing by David Evans)

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File Photo: Workers of BHP Billiton's Escondida, the world's biggest copper mine, are seen in front of the open pit, in Antofagasta, northern Chile March 31, 2008. Picture taken March 31, 2008. REUTERS/Ivan Alvarado/File Photo
Business Watch takes a look at copper production and commerce, the Mexican peso and the steep price of new cancer drugs - all in graphics.
The cost of cancer: new drugs show success at a steep price
Investors are betting that a weak Mexican peso will keep tourists flooding into Latin America's No. 2 economy this year.
The copper market is likely to see a small shortage as early as this year because of a lack of new supply and other factors, Rio Tinto's copper and diamonds chief will say on Tuesday. Here's a look at the global copper market and a closer look at copper in a top producer, Chile.


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Question: Breaking News, Business, Sports, Entertainment and Video News

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Stay up to date on all the latest result news with The New Indian Express App. Download now


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Question: Virginia Gubernatorial Primary Shows Divisions in GOP

WASHINGTON—Virginia’s primary for governor on Tuesday highlighted a large enthusiasm gap between the two political parties, one that Democrats are banking on providing momentum into next year’s congressional midterms.
With both of their candidates running campaigns focused partly on their opposition to President Donald Trump, Democrats drew about 176,000 more votes than Republicans. Both Democratic candidates received more votes than...

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Good morning, here are our early stories:
-- International Campaign To Abolish Nuclear Weapons Wins 2017 Peace Prize.
-- Las Vegas Shooter's Life Comes Into Focus, But Not His Motive.
-- Speaking Freely, Retiring Sen. Corker Warns GOP He Could Oppose Tax Plan.
And here are more early headlines:
Trump's Cryptic Reference To "Calm Before The Storm". (NBC)
Nate Predicted To Hit U.S. Gulf Coast As A Hurricane. (NHC)
U.K. Leader Says She Has Support After Speech With Mishaps. (BBC)
Questions About Catalonia's Independence Effort. (New York Times)


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Question: North West Plays With Dolls That Look a Lot Like Michael Jackson-and Kanye

Remember the time when Kanye West played dolls with daughter North West and when you looked closely, it turned out the dolls they were playing with were actually in the likeness of the King of Pop Michael Jackson and of Yeezy himself? Well, it definitely happened earlier this morning.
On Tuesday, 'Ye hopped on Twitter, which he's been setting ablaze in recent days, to post a photo of an MJ doll, which apparently is a thing, and another figure, that's wearing black pants, black jeans, a trench coat and a gold chain, that's somehow supposed to be Kanye in doll form (just don't tell the doll's face that it looks nothing like the "Black Skinhead" rapper, you might hurt its feelings).
Kim Kardashian's main man captioned the image of the figures, "Me and Mike" with a cry laughing emoji.
Eagle-eye fans may be able to spot that the "Me" doll is actually a Ken Fashionista doll by Barbie, which runs for $7.94, and that the"Gold Digger" rapper's "chain" has Scotch tape holding it together. So did Kanye make his own tiny clothes for his tiny doll self? Looks like it.

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Whoa.. a bit too freaky for me! #AGT
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Question: Lebanon to drill for oil despite maritime border dispute with Israel

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For instance, <<['Represent the article to find a fitting news title', "Get daily updates directly to your inbox + Subscribe Thank you for subscribing! Could not subscribe, try again later Invalid Email\nHuddersfield Town face Manchester United this weekend looking to record their first win at Old Trafford for 88 years.\nDavid Wagner's men head into the clash on the back of seven league games without victory and sitting just one point above the drop zone.\nIn comparison, Jose Mourinho's men will be hoping to shore up second spot with Manchester rivals City currently a whopping 15 points ahead of them.\nThe Red Devils will also be desperate to avoid of a repeat of the corresponding fixture earlier in the campaign when the Terriers sprung a surprise to record a 2-1 victory at the John Smith's Stadium.\nAhead of the game the Examiner caught up with Anthony Shaw, writer at Manchester United fanzine United We Stand, to get his thoughts on the goings-on at Old Trafford as well as his take on Huddersfield Town's season so far...\nVideo Loading Video Unavailable Click to play Tap to play The video will start in 8 Cancel Play now\nSo what do you make of Manchester United's season so far?\nOur point’s tally puts us on target to reach 80 points this year, and whilst it is disappointing that we are not closer to Manchester City, that shows big improvement.\nI don’t imagine many sides have recorded a 30 point improvement in consecutive seasons, and this is what would have been needed to challenge such a great City side.\nThe most disappointing aspect of our season is the games against the top sides in the division.\nUnless we set out to nullify the opposition and sacrifice attacking, we are seemingly unable to compete.\nOur record here is too poor to be an accident, and it is something that desperately needs to be addressed. I hope Jose Mourinho is the man to do that, however I believe it will take some alterations to how he sets up the side.\nDo you think Jose Mourinho will lift any trophies this season?\nWhilst I don’t expect to be travelling to Kyiv in May, Jose has an excellent record in the competition and his ability to shut down games may be a good weapon against tough opposition over two-legs.\nStranger things have happened, and due to our style I believe United have a greater chance than many who are shorter odds to lift the cup such as Liverpool.\nWith the league looking out of the question, our best chance of silverware will be the FA Cup. However, that may mean getting past Huddersfield.\nWho is the player Huddersfield Town have to look-out for?\nThis is a difficult question due to the ever-changing selection, and also the inconsistency in performances from individuals.\nAnthony Martial was poor midweek and in the reverse fixture, so I believe Marcus Rashford will start the game with a point to prove after being overlooked at Wembley on Wednesday.\nI hope he is able to end his run of poor recent form and I believe some bench time will have done him some good.\nFurther to that, Romelu Lukaku seems to relish playing teams at home in the bottom half and strangely seems to be the only certain starter across our front line.\nVideo Loading Video Unavailable Click to play Tap to play The video will start in 8 Cancel Play now\nWhat do you make of Huddersfield Town's inaugural Premier League season so far?\nI enjoy watching Championship football therefore the win against United didnt surprise me.\nIf Sheffield Wednesday had been promoted last year, I believe they would have struggled badly in the same way Middlesbrough did under Aitor Karanka, as ultra defensive sides no longer seem to survive in the top flight.\nThe team have finally hit a bad run in the league and that is a concern, but they wont drop easily and their home games will be crucial in staying up.\nThe effort of the players in the games I have watched has stood out, particularly against Manchester United and Manchester City.\nWhen I attended the reverse fixture, I was also impressed with how the crowd got behind their team. I sensed the crowd attended in hope rather than expectation, and I felt it made that difference to the players.\nIt is quite refreshing to see a crowd like that, which is in contrast to the ridiculous expectation of a win every time I walk into Old Trafford.\nVideo Loading Video Unavailable Click to play Tap to play The video will start in 8 Cancel Play now\nDo you think the Terriers can spring a surprise again against United this weekend?\nI don’t, I believe United will be far too strong for the Terriers this time around. There will be no surprise element this time and the players also have a lot to prove after Wednesday’s nightmare showing. Expect a backlash.\nWho would you rather play in the FA Cup replay – Town or Birmingham City?\nI would like Huddersfield Town, I have only been once and enjoyed the experience despite the result. I cant' see United slipping up against either side in the cup, it is our best chance of a trophy.\nWhich Town player would you like most like in the Manchester United side, and why?\nThis is a difficult one, as I don’t want to sound disrespectful. It would be difficult for a Huddersfield Town player to dislodge a player from Manchester United from a starting 11, however I wish we could match the work rate and effort of Town players in most games.\nMaybe I'd pinch some of the unconditional support on display at the ground too.\nManchester United vs Huddersfield Town: All-Time League Head-To-Head Record MUFC Wins (18); Draws (15); Town Wins (10)\nAny stand-out memories from previous meetings between the two sides?\nThe 2-1 to Huddersfield this season was a tough one to take, but as I previously mentioned the crowd seemed to spur the players onto that.\nI think United underestimated their opposition and I had no complaints about the result. I wasn’t around in 1972 for the previous meeting prior to that.\nScore predictions?\n3-0 to MUFC\nWhere do you think Manchester United will finish this season? And Town?\nI think United will finish second. Unfortunately, I believe Huddersfield Town will be relegated, their recent run is a concern and I expect a reaction from the likes of West Bromwich Albion and Southampton who have underachieved so far.\nI hope I’m wrong, as they are a unique club in comparison to some of the others I have visited in recent years."]>>  to <<['represent the title to find an explanatory news article', 'Manchester United vs Huddersfield Town: Opposition view ahead of the Premier League clash']>>

Lebanon began its first ever exploration for oil and gas this week. An international consortium led by France’s Total is to carry out the drilling. Lebanon, which shares the so-called Levant Basin with Israel, Cyprus and Syria, lags far behind Israel and Cyprus in exploring and developing its share of resources. But the deal is not without controversy.
Lebanon did not issue legislation facilitating offshore oil drilling until last year.
“Lebanon has been very much delayed in getting to its first steps of developing its gas,” says Valérie Marcel, an oil specialist with Chatham House.
So it is clear that the relationship between the oil industry and the Lebanese government is not much in favor of the Lebanese government Lebanon starts oil exploration 30/05/2018 - by Jan van der Made Listen
“The bidding process was delayed by political paralysis, the key legislative documents were not approved by the cabinet and it was the object of some political wrangling.
“And then finally things started to fall into place, and now are moving at a good rhythm, a good pace. So I think the intention is really to catch up with Cyprus and to catch up with Israel and not be left behind,” she says.
Israel and Cyprus are also involved in oil exploration in the eastern Mediterranean.
But Lebanon and Israel have a difficult relationship.
The major problem is that Lebanon doesn’t recognise Israel as a state, so attempts to solve a territorial dispute in the common coastal area have failed.
A triangular area of about 850 square kilometers is disputed and exactly this area is believed to be potentially rich in oil and gas reserves.
EEZ claims clash
In October 2010 Lebanon sent its Economic Exclusion Zone (EEZ) delineation to the United Nations after an agreement with Cyprus in 2007.
In July 2011 Israel officially adopted its own EEZ after negotiating it with Cyprus, creating an overlapping zone between the two countries’ territories of 850 to 870 km², ignoring the Lebanese law.
US attempts to mediate resulted in the “Hoff blue line” proposal, a maritime blue line marking a neutral zone between Israel and Lebanon named after State Department official Frederic Hoff.
But, although the proposal was accepted by Israel, it was rejected by Lebanon.
So Total and the other members of the consortium, the Italian Eni and the Russian Novatek, have decided not to drill in the disputed area.
“Initially, after awarding the contract there was a bit of uncertainty about what the consortium planned for its drilling,” says Marcel, ”whether it would be encroaching on that disputed area.
“But in fact they clarified more recently that they were going to be staying well clear off the disputed area, in that the more interesting prospect in that block were kilometres away.
”So that reduces very much the tensions with Israel."
Is Lebanon ready?
Territorial considerations aside, is Lebanon ready to plunge into the world of oil and gas exploration?
The country does not have its own national petroleum company or other structures needed to enter the energy market.
“The big question is: will the Lebanese be able to establish a national sovereign fund in order to invest the gas money?” says Hilal Kachan, an analyst at the American University of Beirut.
“Given the nature of Lebanon’s fragmented political system and its lack of accountability, this seems to be a big challenge."
Another problem is that because reserves have not yet been proved to exist, so the consortium is taking a big risk in investing in the area.
Analysts say that the Production Sharing Agreement between the Lebanese government and the oil companies does not look very good for Beirut, at least on paper.
“In Lebanon you have some criticism, saying the terms are favorable for the oil companies and the country will not earn enough money if there are oil and gas discoveries,” says Francis Perrin, an oil analyst with the OCP Policy Center in Rabat.
“But, of course, the Lebanese government wanted to attract these investors, and we may see that, in fact, there were not a lot of investors. Apart from the consortium comprising Total, which was awarded two offshore blocks, you did not have any other company or consortium which participated in the initial bidding round."
So the Lebanese government is not in a strong position in relation to the oil industry, Perrin believes.
But some Lebanese have high hopes of the deal, speculating that, if oil is found and production starts, it could earn the country to 50 billion euros per year.
That would come in handy for a country of whose economy is under tremendous strain as a result of the refugee crisis caused by the war in next-door Syria.

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Aoun’s visit to Egypt is the first for the former army commander in 55 years. He was elected after a 29-month vacuum in Lebanon’s top post. He met with Egypt’s President Abdul Fattah Al Sissi who is, like him, a career military officer. Aoun was scheduled to address the Arab League later during his one-day visit.
In a news conference, Aoun said that he discussed with Al Sissi regional issues and called upon Egypt to lead an “Arab salvation plan” to combat terrorism in the Arab world. He also extended an invitation to Al Sissi to visit Lebanon. Lebanon’s political factions are deeply divided with some, like Aoun’s party and Hezbollah, aligning with Iran, while their opponents are siding with Saudi Arabia. Hezbollah, which represents much of Lebanon’s large Shiite community, has a military capability rivaling that of the country’s army and police. Aoun, whose Christian party is allied with Hezbollah, said earlier that Iran’s support for the group “could continue indefinitely.” “As long as the Lebanese army is not strong enough to battle Israel ... we feel the need for its existence,” Aoun told the Egyptian TV network CBC on Sunday night, alluding to Hezbollah. He added: “It has a complementary role to the Lebanese army.” His remarks could spark tension with Saudi Arabia which has been engaged in proxy wars with Iran across the region for years. Aoun’s visit to Egypt also comes amid a lingering rift between Egypt and Saudi Arabia over conflicting agendas, including Syria and Yemen. In October, the Saudis halted oil shipments to Egypt at a time when the Arab world’s most populous nation was undergoing an economic crisis. The Saudi move appears to have been taken in response to Egypt’s support of a UN Security Council resolution on Syria that was fiercely opposed by Riyadh. Saudi Arabia is a leading supporter of the rebels fighting to topple President Bashar Al Assad. Egypt has pushed for a political solution that might keep him in power. Meanwhile, Egypt has been reluctant to heavily support Saudi’s campaign in Yemen against Iran-backed Al Houthi rebels, which Saudis accuse of acting as an Iranian proxy in the Arab world’s poorest nation. More from Lebanon Arab unity urged to guard Jerusalem’s diversity
Aoun in Egypt to discuss combatting terror
Calls for civilian airport in Tripoli intensify
Junblatt attacks Lebanese judiciary