(MENAFN- The Peninsula) Bloomberg
German bonds tumbled to send the government's benchmark borrowing costs to the highest in over a decade, as investors bet on European interest rates remaining elevated for longer.
The yield on 10-year securities jumped eight basis points to 2.78%, the highest since 2011. The latest move up follows hawkish messaging by the Federal Reserve on Wednesday and strong US labor data Thursday, leading traders to expect the European Central Bank will keep policy tight for years.
The Fed and Bank of England paused in their aggressive rate hiking cycles this week but both said rates would remain at a "restrictive” level. That outlook is feeding though to the euro area, where money markets are betting on only two quarter-point ECB rate cuts next year, the fewest priced in a month.
"While most seem to agree that interest rates have either reached their top or are very close, there is no urgency to hunt for yield or to lock in lower yields further out on the curve,” said Christoph Rieger, head of fixed-rate strategy at Commerzbank AG.
Longer maturity bonds were worse hit in a selloff across Europe. Rieger flags that investors can instead achieve risk-free returns close to 4% in short-end debt.
Further out, the market is pricing the ECB's deposit rate, currently at 4%, will remain above 3% over the next couple of years, a sea-change for a region accustomed to years of ultra-loose policy.
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(MENAFN - AFP) China's bank lending rose in May from the previous month, the central bank said Thursday, as the government activates a "mini-stimulus" to spur economic growth.
New yuan loans extended by domestic banks hit 870.8 billion yuan ($143 billion) in May, up from 774.7 billion yuan in April, the People's Bank of China (PBoC) said in a statement.
The May figure was also higher than the 733.3 billion yuan forecast by a Wall Street Journal poll of 15 economists.
But total social financing -- a broader measure of credit -- was 1.40 trillion yuan in May, down from 1.55 trillion yuan in April, the central bank said.
"Although government efforts have helped stabilise credit growth, policymakers have so far avoided an across-the-board loosening," Capital Economics said in a research note.
Premier Li Keqiang said Tuesday that China will be more "targeted" in macroeconomic regulation and "fine-tune" policies to achieve its 7.5 percent growth target this year.
The comments followed an announcement by the central bank that it will lower the amount of money that some rural banks and commercial lenders must hold in reserve from next week to help kick-start the economy.
"They are directing more credit to more vulnerable parts of the economy... while continuing to tackle the build up of credit risks elsewhere, particularly in the shadow banking system," Capital Economics said.
Shadow banking in China encompasses a huge network of lending outside formal channels and beyond the reach of regulators, including activities by online finance platforms, credit guarantee companies and microcredit firms.
China's financial markets were rocked by several debt default cases earlier this year, which triggered tighter credit.
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(MENAFN- Bangladesh Monitor)
Dhaka: Full-service carrier Vistara launched direct flights between India's Mumbai and Germany's Frankfurt on November 15.
The airline is operating six weekly flights with Boeing 787 Dreamliner on the route.
On the occasion, Vinod Kannan, Chief Executive Officer, Vistara, commented,“Sensing a need for an Indian airline offering world-class experience and connecting to long-haul destinations in Europe from Mumbai; we started 5x direct flights to London Heathrow. We are now delighted to start 6x weekly service to Frankfurt as our second European destination from India's financial capital. We are confident that our customers will appreciate and prefer flying with India's finest airline when planning to travel on this route.”
Flight UK 0027 will depart Mumbai at 13:00 and reach Frankfurt at 17:30 on Tuesdays, Wednesdays, Thursdays, Fridays, Saturdays and Sundays. The return flight UK 0028 from Frankfurt takes off at 20:20 and lands in Mumbai at 09:10 (all times are local) on Tuesdays, Wednesdays, Thursdays, Fridays, Saturdays and Sundays.
It may be mentioned here that Vistara has started offering complimentary WiFi service to its Club Vistara members on all its international flights operated by its Boeing 787 Dreamliner fleet as well as Airbus A321neo aircraft.
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(MENAFN- EIN Presswire) LONDON, UNITED KINGDOM, October 15, 2022 / / -- has announced the addition of a luxury electric party limo bus to its line-up, a signal that the company intents to remain on the forefront of technology in London ground transportation. The new electric party limo bus will be built on the foundation of the all-new Mercedes-Benz e-sprinter Electric Panel Van.
This particular model is a familiar ,sight, however, it is now available for the first time in an electric model. Limo Bus is ecstatic to add the electric version to its fleet with a conversion that will make it not only a fun way to get around London, but a destination of its own. The was an easy choice for Limo Bus due to its array of alluring features including a range of up to 95 miles.
Rapid charging allows for near- complete powering up in 30-120 minutes. Designed to carry a 731kg payload, the eSprinter is a perfect solution for eco-friendly group ground transportation. Limo Bus will be decking out the eSprinter as part of a conversion into its fleet of
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(MENAFN - The Conversation) Lecturer in Ancient History, The University of Queensland Profile Articles Activity
Dr Keenan-Jones' research focuses on the relationship between environment, technology and society in the Roman world and he has current projects on the role of climate in Roman history and on using past water management to inform current practice around the world. Before taking up the position at UQ, he held postdoctoral positions at the Collegium de Lyon (2017-2018), University of Glasgow (2014 - 2017) and the University of Illinois, Urbana-Champaign (2011-2014). Duncan's doctoral thesis (Macquarie University, 2011), investigated the creation and social and environmental impacts of a unique, regional water supply network. Before his Masters of Arts in Ancient History (Macquarie, 2006), Duncan completed an honours degree in chemical engineering.
- present Lecturer in Ancient History, The University of Queensland
- 2011 Macquarie University, PhD / Ancient History
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(MENAFN- Gulf Times)
Qatari Diar held a workshop at the Diplomatic Club Wednesday to enhance health, safety and environment (HSE) standards and promote awareness of the importance of health, safety and workers' rights among developers, investors and partners in Lusail City.
The workshop was held in co-operation with the Ministry of Labour and International Labour Organisation (ILO), in the presence of officials from the company and representatives from ILO and the ministry, as well as a number of partners, developers, investors, contractors and service providers in Lusail City.
The main objectives of the workshop were to spread awareness and shed light on the current labour law and raise awareness of health and safety requirements for workers at construction sites. This was done to ensure the protection of workers' rights and the application of the minimum wage as well as the Wage Protection System.
Fahad Abdul Latif al-Jahrami, head of the Project Delivery Sector at Qatari Diar Real Estate Investment Company, said:“We are constantly working to improve safety and health standards for all workers in Lusail City, whether for the company's projects or with developers, investors and partners.”
Jaber Ali al-Jadnah al-Marri from the Labour Inspection Department added,“The Ministry of Labour is keen to communicate directly with companies and help them in ensuring workers' rights and informing them about the labour law and procedures. The government does not spares any effort to develop laws and procedures to guarantee the rights of both companies and workers.”
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A performer from Cole Bros. Circus, billed as the world’s smallest human cannonball, rides in the Grand Feature Parade on Saturday. (Photo by Ginger Perry/The Winchester Star)
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Bengaluru, June 23 (IANS) Mumbai batsman Sarfaraz Khan on Thursday paid tribute to late Punjabi singer Sidhu Moosewala after smashing a brilliant century against Madhya Pradesh on Day 2 of the Ranji Trophy final at the M Chinnaswamy Stadium, here.
The right-handed batsman brought up his ton off 190 balls before lunch on the second day.
After reaching his century, an emotional, teary-eyed Sarfaraz executed Moosewala's signature step by smacking his thigh and pointing his finger towards the sky.
Moosewala, who died in a shootout in Punjab's Mansa last month, was known to do this signature step in the videos of his songs and during live shows as well. His trademark move has been performed by many prominent names to pay their respects to the late singer-rapper.
The singer was shot dead by unidentified assailants in his car on May 29, 2022, in Jawaharke village of Mansa district.
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(MENAFN- Live Mint) "The Ministry of External Affairs said that it remained in constant contact with German authorities for the repatriation of baby Ariha Shah. The child had been taken into official custody after she was accidentally hurt by her grandmother in September 2021. The MEA and Indian Embassy in Berlin have repeatedly called for the toddler's return to India over the past two years.“German authorities have granted counsellor access to the child. We remain in constant engagement with the German authorities on this matter,” said MEA spokesperson Arindam Bagchi on Thursday.Earlier in August the MEA had summoned German Ambassador Philipp Ackermann and asked for the early return of the baby girl.ALSO READ: Germany: Indian community protest for repatriation of baby Ariha ShahSharing an update in July this year, Bagchi had stressed the need to“safeguard the child's cultural and national identity” and ensure her return.“We remain engaged with German authorities in this regard. There are separate parallel judicial proceedings underway and we are keeping close track of that,” he had said at the time.The Indian diaspora has staged several protests seeking Ariha's return over the past two years. At the end of August many individuals – including small kids – came together in the United Kingdom to protest against her detention. They were seen carrying posters with PM Modi's face and baby Ariha Shah and chanted slogans like, \"Modi ji ask Germany to send Ariha back home to India,\" and \"Germany send Ariha home.\"(With inputs from agencies)
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(MENAFN- AsiaNet News) Malappuram: A Communist Party of India (Marxist) (CPIM) leader in Kerala courted controversy after he commented on the hijab-wearing women in the state. CPI(M) state council member K Anil Kumar during a litmus programme conducted by Essence led by the anti-humanist ultra-liberal fascist campaigner Ravichandran, said that the Muslim girls' removal of headscarf or hijab in Malappuram is the development of the CPI(M). Anil Kumar also said that if Muslim women are not starving, they should thank the Communist Party.
His statements have stirred controversy within the party and several Muslim organisations have slammed the CPM leader's remarks. The event was held at Nishagandhi Auditorium in Thiruvananthapuram.
CPI(M) state general secretary M V Govindan rejected Anil Kumar's statement and said that everyone has the democratic freedom to wear what they want. He said that the party's position is that no one should interfere in it.
CPM MLA KT Jaleel clarified that the statements made by Anil Kumar are personal and he strongly rejected the practice of portraying an individual's perspective as the party's position. Jaleel's Facebook post includes a picture of the left-leaning Thiruvananthapuram Corporation councillor and claims that not wearing a headscarf is not a sign of advancement. Jaleel also said that Anil Kumar's words should be rejected like KM Shaji's remarks against Veena George.
Samasta leader Abdu Samad Pookottoor also claimed that the CPM's double standard in favour of vote-bank politics had come to light. The CPM, which sided with Muslim organisations while ignoring the opposition on the Waqf and gender equality issues, may suffer as a result of Anil Kumar's remarks.
Anil Kumar's claim cannot be taken as a stand-alone remark, according to former MLA and Muslim League member KM Shaji. He alleged that the CPI(M) has two politburos, one for informing the media and the public decisions of the party and another committee for secret agendas. "Now a mistake has happened that one of these plans which are being implemented in secret has been unknowingly revealed. The Marxist party has prepared two teams to go among the rationalists and speak against the believers and to participate in the meetings of the believers and praise them," he said.
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(MENAFN- Newsroom Panama) José Gallardo
116Views 0Comments Posted 22/09/2021 Share
BOQUETE, Chiriquí - Geisha coffee from the heart of the Amistad International Park sold for $2,568 a pound in the international auction of the“Best of Panama”, almost doubling the previous record of $1,300 set last year.
The new record holder is Nuguo Geisha Fermented coffee , from the Nuguo farm, owned by José Gallardo and located in Jurutungo, Renacimiento district,
Last year at the auction, the highest price paid was $1,300 for a Geisha coffee from Sophia Farm in the Highlands.
Gallardo, called the price"surreal".
In the recent tasting international judges, Nuguo Fermented coffee reached a score of 94.75 on a base of 100 points and they described it as a“coffee with fun flavors, where the sweetness of the cherry is mixed with the acidity of tropical fruits.
The Avalanche of Flavors exhibition by the Sittón family, in the washed geisha category, reached a price of $1,502 a pound.
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(MENAFN- Jordan News Agency) -U.S. and Jordanian officials met October 25 in Amman to advance bilateral cooperation on preventing, detecting, and responding to nuclear smuggling, a statement by the US embassy in Amman said Tuesday.
The meeting was led on the U.S. side by Deputy Assistant Secretary of State for Nonproliferation Programs Simon Limage and on the Jordanian side by Jordan's Representative to the Nuclear Security Summit and Ambassador to France, Ambassador Makram Queisi The meeting was led on the U.S. side by Deputy Assistant Secretary of State for Nonproliferation Programs Simon Limage and on the Jordanian side by Jordan's Representative to the Nuclear Security Summit and Ambassador to France, Ambassador Makram Queisi.
Recognizing the importance of a coordinated, whole-of-government approach to countering nuclear smuggling, several Jordanian ministries and corresponding U.S. agencies, including the Department of State, National Nuclear Security Administration, Department of Defense, Federal Bureau of Investigation, and Nuclear Regulatory Commission , participated in the meeting.
The delegations exchanged views on nuclear smuggling and identified areas in which the two governments might work together, the statement added.
Given international seizures of weapon-usable nuclear material over the last 20 years, which suggest that additional materials could be available in illegal circulation, the delegations noted the importance of continued vigilance to ensure these dangerous materials do not fall into the hands of terrorists or other criminals.
Both sides,the statement said, pledged their continued commitment to work together on these issues and identify opportunities for further collaboration.
Jordan has been a strong leader on international efforts to counter nuclear smuggling. During the 2012 and 2014 Nuclear Security Summits, Jordan presented a Statement of Activity and Cooperation to Counter Nuclear Smuggling, signed by 20 countries. The Kingdom has also undertaken to coordinate an updated Statement at the 2016 Summit in Washington, DC, it added.
In support of the commitments outlined in the Statement of Activity, in February 2014 Jordan hosted a multi-country Counter Nuclear Smuggling Workshop and plans to do so again in November 2015, the statement concluded.
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'Jacks end regular season early, but on a high note
The regular season has come to a premature end for the Cloquet-Esko-Carlton girls’ hockey team.
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Morocco- Fez to Host the National Conference of English Studies
(MENAFN- Morocco World News) The National Conference of English Studies at the Moroccan University in the Age of Globalization is scheduled to take place April 28-29 at the Faculty of Letters and Human Sciences at Sidi Mohamed Ben Abdellah University in Fez.
The two-day event is designed to provide an in-depth look at innovative teaching practices adopted by English instructors in Moroccan higher education. The event will include a number of speeches delivered by English professors from different universities. The conference aims to showcase how student-centered teaching works in practice through presentations on a variety of topics including pedagogical approaches in Moroccan higher education Moroccan English Studies in the age of globalization and building intercultural competence in foreign language education. Event organizers intend to provide a platform for professors to discuss the future of English language instruction in Morocco. The conference will also pay tribute to Mohamed Ouakrime PhD a professor at the Faculty of Letters and Sciences Dhar Mehraz Sidi Mohamed Ben Abdellah University Fez. Ouakrime will deliver a presentation about difficulties students face during the transition from high school to university. The conference is designed to bring together educators scholars and graduate students to discuss incorporating technology into English language education and improving teaching strategies in Moroccan universities. Edited by Kelsey Fish
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(MENAFN- GlobeNewsWire - Nasdaq)
LOS ANGELES, Nov. 25, 2022 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: rdnt ), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of fully-owned and operated outpatient imaging centers, today announced that Mark Stolper, Executive Vice President and Chief Financial Officer, will be presenting at the BofA Securities 2022 Leveraged Finance Conference in Boca Raton, FL on Tuesday, November 29, 2022 at 11:50 a.m. Pacific Time (2:50 p.m. Eastern Time)
There will be simultaneous and archived webcasts available at
and under the“About RadNet'' menu section and“News and Press Releases'' sub-menu of the website.
| Details for RadNet's Presentation: |
| Date: || Tuesday, November 29, 2022 |
| Time: || 11:50 a.m. Pacific Time (2:50 p.m. Eastern Time) |
| Location: || Boca Raton Resort, Boca Raton, FL |
About RadNet, Inc.
RadNet, Inc., is the leading national provider of freestanding, fixed-site diagnostic imaging services and related information technology solutions (including artificial intelligence) in the United States based on the number of locations and annual imaging revenue. RadNet has a network of 349 owned and/or operated outpatient imaging centers. RadNet's markets include Arizona, California, Delaware, Florida, Maryland, New Jersey and New York. Together with affiliated radiologists, inclusive of full-time and per diem employees and technologists, RadNet has a total of approximately 9,000 employees. For more information, visit
Mark Stolper, 310-445-2800
Executive Vice President and Chief Financial Officer
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Schedules and Scores
Georgia Southern at JMU, 2 p.m.
Christopher Newport 97, Bridgewater 74
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Arab League claims strategic Israeli assault endangers whole Arab world
(MENAFN) An Israeli assault on the Palestinian town of Rafah, positioned in Gaza on the Egyptian border crossing, would be viewed as an assault on pan-Arab national security, the Council of the Arab League has declared, based on statements. Israeli Premier Benjamin Netanyahu has repeatedly pledged to violate the refugee-jammed town in spite of global condemnation.
The choice came throughout a distinct conference of the 22-country council in Cairo on Wednesday, Al Arabiya stated. The council also announced that “invading Rafah will lead to the collapse of chances for peace and the expansion of the conflict,” the KSA broadcaster restated.
The conference was requested by Palestine to refer to Israel’s “genocide and policies of starvation and displacement,” also its decline to obey by a United Nations Security Council solution requesting that it pauses army missions in Gaza throughout the month of Ramadan. Israeli Premier Benjamin Netanyahu declared on Sunday that he had consented an “operational plan” to violate Rafah, alleging that “there is no victory without entering Rafah and there is no victory without eliminating the Hamas battalions there.”
Netanyahu has pledged since February to transfer troops into Rafah, a very-jammed town positioned in southern Gaza. With a lot of the rest of the territory demolished by Israeli bombardment attacks as well as ground invasions, Rafah is presently home to a valued 1.5 million displaced humans, no less than half of the pre-war population of the territory.
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Mondi finalizes sale of last plant in Russia
(MENAFN) UK paper and packaging company Mondi has confirmed its exit from Russia by finalizing a deal to sell its sole remaining plant in the country. In an announcement made on Sunday, Mondi disclosed that it had reached an agreement to sell its Syktyvkar pulp and paper mill to a subsidiary of Moscow-based real estate developer Sezar Group for a sum of 80 billion rubles (USD825.7 million). The Syktyvkar factory is involved in the production of uncoated fine paper and containerboard primarily for the Russian domestic market and has approximately 4,500 employees. Its reported revenue at the end of 2022 stood at around USD1.16 billion.
"Mondi today announces that it has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities, to Sezar Invest LLC for a total cash consideration of RUB 80 billion to be paid in a series of instalments," stated the announcement.
Mondi has received the necessary approvals from Russia's anti-monopoly authority and the government body responsible for foreign investments for this transaction, as per the company's statement. The sale is anticipated to be finalized by December.
Previously this year, Mondi had sold its three packaging conversion plants situated in Russia to Gotek Group for a total of USD16.5 million.
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(MENAFN- Khaama Press)
Famous American singer, Lady Gaga's dog walker was shot and the culprit stole two of her French bulldogs named, Koji and Gustav on Wednesday night.
According to US media, a man shot her dog walker but was later taken to the hospital, the victim is reportedly in a stable condition, but a male suspect took two of her dogs.
The suspect used a semi-automatic handgun and fled the area in a white sedan vehicle.
BBC reported Lady gaga is very protective of her dogs and she was busy working in Rome on a new Ridley Scott film, GUCCI when the incident happened.
Gaga has reportedly offered $500,000 for the return of her dogs.
Stefani Joanne Angelina Germanotta, known professionally as Lady Gaga, is an American singer, songwriter, and actress, she is also known for her image reinventions and musical versatility.
Having sold 124 million records as of 2014, Gaga is one of the world's
best-selling music artists
and the fourth highest-earning female musician of the 2010s.
French bulldogs in the US are sought for their breeds, a healthy puppy can cost an average of $2,000 and some with exceptional breeding history can be sold for more than $10,000.
The investigation is ongoing in this case, Police told CNN, and that singer's dog walker thankfully survived the attack and is recovering. Sharefacebook twitter whatsapp linkedin email print tumblr telegram
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New Delhi, June 18 (IANS) It has become common for Indians to get both good and bad news related to the country’s economy.
Around the time data on trade revealed that the country has a chance to touch $500 billion in merchandise exports in the financial year 2022-23, the stock markets in India went into a tailspin with the Sensex falling to a 12-month low.
This was primarily because of global factors like a hike in interest rates in the US and the strengthening of the American dollar against major currencies. The continuing war in Ukraine also had an impact as oil prices remained very high, resulting in high inflation in India.
However, less than 5 per cent of Indians are invested in stock markets, either through direct purchase of equity or through mutual funds. And yet, a majority of Indians seem to be of the opinion that a crash in the stock markets will affect them and their families.
IANS-CVoter Tracker has observed that public perception on economic issues is often impacted by things that do not directly and immediately change their lives.
This was proven again when CVoter conducted a nationwide survey on behalf of IANS to find out what ordinary Indians felt about the crash of the Sensex.
Overall, 68 per cent of the respondents felt that the crash has made a difference to them and their families.
In terms of gender, education, income and ethnic divides, the survey did not reveal very deep differences.
For instance, while 79 per cent of upper cate Hindus said the crash has affected them, 72 per cent of Scheduled Castes shared the same sentiment.
The really big difference was seen in responses from urban compared to rural India.
While 61 per cent of respondents from rural India stated the stock market crash has affected them, 79 per cent of respondents from urban India felt the same.
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(MENAFN- IANS) New Delhi, March 5 (IANS) Chhattisgarh-based Coal India subsidiary South Eastern Coalfield Limited's (SECL) Gevra mine is set to become the largest coal mine in Asia as it has been granted environmental clearance to expand production capacity to 70 million tons per annum from the current 52.5 million tons, the Coal Ministry said on Tuesday.
The Coal Ministry and the Ministry of Environment and Forests had fast-tracked the clearance for the expansion as Gevra is one of the megaprojects of South Eastern Coalfields Limited that contributes to the energy security of the country.
“Under the guidance of the Ministry of Coal, a historic milestone has been achieved by Coal India team on Tuesday. We have a vision for Gevra to become the largest coal mine in the world with state-of-art mining operations and this is a significant milestone towards that journey,” said Prem Sagar Misha, CMD, SECL.
Gevra became the largest coal mine in the country last year with annual production for FY 22-23 reaching 52.5 million tons.
The mine has a strike length of around 10 KM and a breadth of 4 KM. Eco-friendly blast-free mining technology in the form of Surface Miner, Ripper Mining have been deployed in the mine and one of the highest capacity HEMM machines like 42 Cum shovel and 240-ton dumper combination are used for overburden removal in the mine.
It also has first-mile connectivity equipped with a conveyer belt, Silos and Rapid Loading System for swift and eco-friendly coal evacuation.
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Agriculture Giant Cargill Reports Biggest Profit In 156-Year History
Agriculture company Cargill has reported the most profitable fiscal year in its history.
The largest private U.S. company, which was founded 156 years ago and today dominates markets for crops such as corn, reported net income of nearly $5 billion U.S. for its 2021 fiscal year that ended on May 31.
The results highlight the current boom in agriculture as prices for crops such as wheat, corn and soybeans hit record levels as demand spikes around the world.
Cargill, which is a privately held company, broke with its tradition of transparency in 2020 and stopped releasing its results publicly. However, the company has now resumed making its results public, as well as sharing them with its bankers and bondholders.
Cargill has profited from surging consumption of meat, corn and soybeans, particularly from China. The strong demand has sent agricultural markets skyrocketing this year, boosting profits for commodity producers and traders.
Cargill said it had net income of $4.93 billion U.S. in its 2021 fiscal year, up 64% from $3 billion U.S. in fiscal 2020 and well above a previous record of $3.95 billion U.S. set in 2008 at the height of China's commodity super cycle.
During the last fiscal year, Cargill reported sales of $134.4 billion U.S., up from $114.6 billion U.S. a year earlier. The company enjoyed a sales-to-profit margin of 3.7%, which is large for a commodity trader.
In recent years, Cargill has sold underperforming businesses and bet heavily on global demand for proteins such as beef, chicken and fish.
Cargill has 155,000 employees across 70 countries and is owned by the heirs of William Wallace Cargill, who founded the company in the American Midwest. On top of the family owners, senior management and employees control a small stake in the private company.
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(MENAFN- IANS) New Delhi, May 6 (IANS) Sweden-based wireless audio solution provider Audio Pro has announced its entry into the Indian market and said that it aims to provide outstanding quality products within the audio segment to music enthusiasts in the country.
To strengthen its presence in the country, the company has further signed a strategic distribution partnership agreement with Alphatec, a Mumbai-based distribution house for audio and video equipment across India as its distribution partner.
"The purpose of our products is to evoke strong sensations and touch listeners' soul. Our intend is that a sound should be felt, heard, and stimulate all the senses and Alphatec, a brand which is very much known for being the epic centre of some of the world's best audio and video equipment is the perfect partner that we could have wished in this journey,a Jens Henriksen, Chairman of The Board and Owner at Audio Pro, said in a statement.
Moreover, the company said that the partnership will enable music enthusiasts in India to access and buy eight Audio Pro products, namely -- Addon C10 MKII, Addon C5 MKII, Drumbfire II, A10, A15, A48, A38 and A28.
"The products offered by Audio Pro are simple yet elegant in design and offer quality that can go perfectly with all sorts of aesthetics, making them unique in the market. Like their products, we are hoping that our partnership will also stand out and make us one of the best distribution partners in this space," Devasis Barkataki, Founder and Managing Director, Alphatec, said in a statement.
The Audio Pro products can be bought from eight Premium Retail Stores across Bangalore, Chennai, Ahmedabad, Delhi, Surat, and Mumbai where these will be sold through Assisted Sales through Audio Pro's ISD Programme.A
Customers can also buy these products from e-market platforms.
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(MENAFN-Caribbean News Global)
KRALENDIJK, Bonaire – Tourism Corporation Bonaire (TCB) announced on Thursday June 2, 2022 a cooperation agreement with Fundashon Formashon pa Mañan (FORMA).
As part of the tourism recovery plan, one of the main objectives is community inclusion. TCB aims to extend the benefits derived from tourism development to a wider segment of Bonaire’s population by educating and inspiring our community (inclusive destination) and providing our local people with the tools to be part of the larger economic sector. from Bonaire.
FORMA has been offering the ‘Bonaire in Depth and Guiding Skills’ course for a few years. Obtaining this certificate shows that the student has the knowledge to responsibly guide tourists and other interested parties about Bonaire.
TCB’s objective is to have qualified tourist guides to ensure the quality of the tourist product and the experience. Both organizations see the benefit of a cooperation agreement with the aim of providing visitors to Bonaire with an unforgettable experience. The cooperation agreement is also seen as the basis for future collaboration on educational and community projects.
FORMA and TCB will continue to explore and carry out various activities in the future to provide training and courses to those working in the tourism sector in order to achieve the objectives set out in the Tourism Strategic Master Plan and the revival of tourism.
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(MENAFN- Khaleej Times)
Emirates has announced plans to add an additional daily direct flight between Dubai and Colombo, starting from December 1, 2022, to cater to the seasonal increase in the demand for travel.
The additional service, operating as EK648/EK649, will increase the number of daily flights between the two cities to three, including two direct flights and one operating via the Maldivian capital, Male.
Emirates' second daily flight will operate direct between Dubai and Colombo, except during December 16 to 30, when the service from Dubai to Colombo will stop over in Male, departing at 10.30am and arriving at Male at 2.45pm, then departing for the second leg of the journey at 5.15pm and arriving in Colombo at 7.15pm. Other than these dates, from December 1 to March 26, EK648 will depart Dubai at 4.10pm daily and arrive in Colombo at 9.55pm local time.
The returning flight departs from Colombo at 2:55am and arrives in Dubai at 5:55am.
Emirates launched operations to Sri Lanka in 1986 and celebrated 36 years of operations to Colombo earlier this year.
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(MENAFN- Gulf Times) Qatar has delivered the second instalment of its contribution to the financing of the Global Programme on the Implementation of the Doha Declaration, which is being carried out over five years (2016-2022) in co-operation between Qatar and the United Nations.
Sheikh Ali bin Jassim al-Thani, Qatar's ambassador to Austria and its permanent representative to UN and international organisations in Vienna, delivered the second tranche of Qatar's contribution during a meeting with John Brandolino, Director of Division for Treaty Affairs of United Nations Office on Drugs and Crime in Vienna.
The Global Programme on the Implementation of the Doha Declaration, funded by Qatar for the sake of peace and development in the world, aims at strengthening the capacities of states, especially developing countries, to combat organised crime and related drug crimes, terrorism and corruption.
Sri Lankan FM meets Qatar's ambassador
Minister of Foreign Affairs of Sri Lanka Ravi Karunanayake has met Qatar's ambassador to Sri Lanka Rashid bin Shafie al-Marri in Colombo.
Talks during the meeting dealt with bilateral relations and ways of supporting and developing them, in addition to issues of common concern.
Shura Council team leaves for Rabat
Speaker of the Advisory (Shura) Council, HE Mohamed bin Mubarak al-Khulaifi, and his accompanying delegation, left Doha yesterday for Rabat, Morocco, to take part in the 25th Emergency Conference of Arab Parliamentary Union (APU) to be held there today.
The conference will review latest developments in the Arab region and discuss the grave situation in the occupied territories including the Israeli violations against the Holy City of Jerusalem and the worshippers by denying them access to Al-Haram Al-Sharif.
Qatar-Myanmar ties reviewed
The Federal Minister of the Office of the State Counselor and Acting Minister of Foreign Affairs of Myanmar, Ju Ten Soy, met Qatar's ambassador Hassan bin Mohamed Rafi al-Emadi in yesterday. Talks during the meeting dealt with means of enhancing bilateral relations.
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(MENAFN- Gulf Times) Agreements to de-escalate the fighting in Syria could simplify the conflict and help to stabilise the country, but such accords must be an interim measure and avoid partition, UN envoy Staffan de Mistura told a news conference yesterday.
Speaking at the start of five days of peace talks in Geneva, de Mistura said discussions were being held in Amman to monitor implementation of a ceasefire for southwest Syria brokered by the United States and Russia, the first peacemaking effort of the war by the US government under President Donald Trump.
'When two superpowers...agree fundamentally at that level in trying to make that ceasefire work, there is a strong chance that that will take place, he said.
So far, the agreement that went into force mid-day on Sunday was broadly holding, he added.
He also struck a positive note on ceasefire talks in the Kazakh capital Astana last week, which failed to agree on a monitoring mechanism for a Russian-Iranian-Turkish de-escalation deal but produced a lot of work 'in the right direction.
US Secretary of State Rex Tillerson was in Turkey discussing a particular problem area yesterday, the rebel-held town of Idlib in Syria, de Mistura said, adding that it was a deal that 'could almost have been announced.
The world was perhaps witnessing the simplifying phase of the most complex conflict of our time, the veteran mediator said, adding that de-escalation of the war must be an interim phase and not undermine Syria's territorial integrity. It should lead rapidly to a stabilisation phase, he said.
Asked if the war was ending after almost six and a half years and hundreds of thousands of deaths, de Mistura said several stars were aligning — on the ground, regionally and internationally.
'In that sense...there is a higher potential than we are seeing in the past for progress.
De Mistura said he was not expecting breakthroughs in this week's talks.
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(MENAFN- IANS) By IANSlife
New Delhi, Dec 7 (IANSlife) The tranquil garden estate of Amanbagh aims to immerse visitors in Rajasthani culture and the Aravelli Hills' history throughout the holiday season. As local musicians play and the cooks at Amanbagh prepare multi-course Western and Indian gala dinners, the resort will be illuminated.
At a temporary artist's studio set up on the property of the hotel, guests may learn the distinctive regional technique of lac bangle making and explore how the natural resin can be heated and moulded to create vibrant jewellery. As an alternative, kids could try their hand at the age-old Indian art practise of rangoli, in which intricate designs are made from coloured rice and sand to symbolise luck.
On Christmas Day, there will be more chances to engage with the customs that have influenced Indian culture, including the chance to play camel polo, the 'sport of kings' of Rajasthan. Younger children will be entertained by Babu the camel, who will substitute for Rudolph and watch from the sidelines.
Later, on December 31, visitors are encouraged to join the Amanbagh staff in welcoming 2023 with a traditional Indian fair that will have fortune tellers, fire dancers, traditional Manganiyar singers, and a lavish seven-course feast offering either Indian or European cuisine.
Amanbagh - starting USD 1000 ++ per night Courtyard Haveli Suite
(IANSlife can be contacted at )
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(MENAFN- Kashmir Observer) >
By Mehroob Mushtaq
Srinagar- The family members and relatives of a missing fruit trader from Sopore on Tuesday held a protest demonstration at Press enclave and demanded his whereabouts at the earliest.
The family members of the man, identified as Ghulam Nabi Naikoo of Achabal Rafiabad, assembled here to seek the whereabouts of their missing kin.
Haji Mohammad Naikoo, brother of the missing man said that his brother is a businessman, who was working as a trader at fruit mandi Sopore.
'He had gone to Shopian for some business deal with a dealer from Calcutta two months ago, but since then he did not return home. When we tried to contact him, his phone location was at Bisu, Anantnag and not in Shopian. Since then, his phone has been switched off and he has not returned home for the last two months and ten days,' he said.
He added that they have filed a missing report at the police station but so far there is no trace of him. 'We went to Anantnag and Shopian to trace him but could not get any lead about his whereabouts.'
Meanwhile, the family members urged LG Manoj Sinha to personally intervene into this matter and help them trace their kin.
'He has two little children and he is the sole bread earner for his family. We appeal to the LG to help us trace him as soon as possible,' family members said.
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US state deals with controversy around Bible existence in schools
(MENAFN) Utah’s Davis School District is thinking about whether to put back the Bible to library shelves after a parent attracted the school attention and influenced the school’s conclusion to remove it because of its sexual and violent content, district representative Christopher Williams informed the Salt Lake Tribune in an email previously this week.
A committee selected by the district to go over parents’ protests determined in March that high schools should be allowable to keep the religious text, however, that it need to be banned for elementary and middle schools because of its “vulgarity or violence.”
As eight elementary and middle-school districts who obtain copies of the religious book are going to have theirs removed as the school year comes to an end, Williams elaborated.
A parent initially complained about the Bible’s existence in school libraries in December, saying that they were upset with the number of books being removed from libraries according to a new state law that labelled the attempt as having “no serious value for minors” if their content contains any “description or depiction of illicit sex or sexual immorality.”
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An International Conference on Biodiversity and Sustainable Development Goals was held at the state capital of Sikkim, Gangtok.
The event, held at the city’s Chintan Bhawan, was inaugurated by Chief Minister Pawan Chamling.
Present at the inauguration ceremony were environmental activist Dr Vandana Shiva and Bernward Geier from Germany.
While addressing the event, Chamling stated that there were several common features between the Sikkim government’s initiative and the Sustainable Development Goals set up by the United Nations.
The Chief Minister also said that the state government has undertaken measures for judicial use of biodiversity for sustainable development.
Chamling also added that the government has designed specific schemes to create payments for eco-system services and necessary incentives.


Rural cities concerned by House budget plan
The Coalition of Greater Minnesota Cities told rural representatives on Monday that the House budget plan leaves out room for expanded state aid to cities.
"We believe that failure to increase funding for LGA this year is tantamount to a tax increase," the coalition's John Sundvor said.
The coalition and others who support LGA increases say added state aid would mean local governments can keep their property tax increases down.
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(MENAFN- The Peninsula) QNA
New York:Qatar's Foreign Minister HE Sheikh Mohammed bin Abdulrahman Al-Thani said today that the 2022 FIFA World Cup is a first and foremost opportunity for the Arab world and the Middle East to highlight the true and peaceful nature of the rest of the world.
Speaking at the inauguration of the "Adaptation of Sport for Sustainable Development" Exhibition organized by Qatar's Supreme Committee for Delivery & Legacy (SC) , on the sidelines of the 72nd Session of the United Nations General Assembly in New York, HE the Foreign Minister said the organization of the 2022 FIFA World Cup gives the State of Qatar a great opportunity to stimulate innovation, positive change and sustainable development. The State of Qatar is currently building 8 stadiums, 64 training grounds, 5 fan areas and accommodation, as well as major infrastructure developments including roads, railways and airports, HE the Minister.
He added that the State of Qatar is taking advantage of this opportunity to promote innovation and technology and provide a platform for young people for innovation and entrepreneurship, noting that all this is under the umbrella of sustainability, with respect for culture, and aims to accelerate progress towards achieving national development goals as well as creating a lasting legacy for Qatar, the Middle East, Asia and the world..
HE the Foreign Minister noted that it is a great honour to be happy in any country that chosen to be the host country for the events of the 2022 FIFA World Cup as it is the first time to host such a tournament in our region.
"The World Cup is an occasion to bring people together, overcoming geographical, religious, cultural and linguistic differences," HE the Foreign Minister said, adding that there are well-organized activities that will teach participants values such as tolerance, empathy, integration, respect, dialogue, reconciliation, courage, self-discipline, strategies and leadership. "
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(MENAFN) The UAE’s EDGE group has declared a USD14 million funding in High Lander, an Israeli drone fleet management firm, as reported by Emirates News Agency.
EDGE has been concentrating on the improvement of autonomous systems, including unmanned aerial automobiles, smart weapons, as well as cybertechnologies, as part of its global expansion plan.
Group administration stated that it was happy to carry on assisting High Lander in the improvement of its Universal UTM, a drone-agnostic unmanned traffic running solution that offers the automation, coordination, as well as safety needed in progressively congested skies.
EDGE board chairman, Faisal Al-Bannai, stated that: “As EDGE grows rapidly, and with our focus increasingly being directed to the development of world-leading autonomous aerospace solutions, the need for a superior and readily available air traffic management platform could not be more urgent. Today’s operating environments require the most advanced unmanned air traffic control systems, and High Lander provides the only truly universal solution for this critical requirement.”
“Our investment in High Lander as a major shareholder is logical for EDGE, and mutually beneficial and opportune for both companies, allowing us to grow and perfect these solutions further together, in both the military and civilian domains,” he continued.
High Lander head executive officer, Alon Abelson, asserted that “We are excited about the strategic partnership with EDGE because it strengthens High Lander’s position as a market leader in drone fleet management and UTM spaces as we begin to scale globally.”
Adding, “High Lander and EDGE have a mutual goal of creating the most technologically advanced airspace automation systems possible, and we look forward to working with EDGE for many years to come.”
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(MENAFN- AzerNews) By Nigar Pashayeva
Azerbaijani citizens maintain relentlessly to enjoy Georgian culture, cuisine, and nature. Moreover, the close geographical provision makes the country of khvanchkara, suluguni and khachapuri more available than it can be for Azerbaijani tourists.
In February 2018 citizens of Azerbaijan became leaders in terms of a number of the tourists in Georgia, in spite of a decline in 2.2 percent in comparison with the same period of 2017.
The number of the foreign travelers and tourists was increased by 19.8 percent and 27.1 percent, respectively.
'The biggest number of visits was from Azerbaijan (-2.2 percent in a contrast with the previous year), Turkey (+28.1 percent), Russia (+24.2 percent) and Iran (+130.6 percent), said the head of National Tourism Administration Georgiy Chogovadze.
He said that positive tendency maintains in terms of the growth of trips from EU countries. As an example, in February such countries as Great Britain, Lithuania, France, and Germany demonstrated distinctive growth in visiting Georgia.
Overall, Georgia has a pretty climate for receiving tourists. In winter the average temperature is +5°C, and +24°C in the summer. The country has a great number of balneological and spa resorts, alpine skiing spots.
The best time for a trip to Georgia is May-June and September, when there is no heat. The best period to visit the Black sea coast and mountains of the Caucasian country is July-August.
Georgia is a tourism-oriented country, therefore international tourists, including Azerbaijanis visit Georgia not only for the getting information about their culture and cuisine, but also to enjoy numerous architectural historic heritages (castles and churches), to see ancient ruins Vardzia and to attend winery tours.
Azerbaijani tourists prefer to travel to Georgia because of several reasons including low prices for services, as well as close geographic location. The flight takes only 50 minutes and one can drive to Georgia in no more than five hours.
The number of Georgian citizens visiting Azerbaijan is also big. Last year, the country welcomed roughly 500,000 tourists from Georgia.
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(MENAFN- PR Newswire) SEOUL, South Korea, Feb. 21, 2024 /PRNewswire/ -- For the first time, leading global automotive thermal management supplier Hanon Systems (KS:018880) has been included in the S&P Global Sustainability Yearbook.
S&P Global is a leading provider of data, technology and expertise that helps customers across various industries and markets make well-informed decisions. Its Corporate Sustainability Assessment (CSA) is an annual evaluation of sustainability practices of companies across various industries. Companies are scored based on answers to a comprehensive questionnaire surrounding environmental, social and governance (ESG) factors.
"Sustainability stewardship is a strategic priority at Hanon Systems that embodies a journey to transparently operate as a good corporate citizen," said Subu Nagasubramony, president and co-chief executive officer of Hanon Systems. "To be recognized in the prestigious S&P Sustainability Yearbook confirms our efforts to continuously advance our sustainability agenda across every aspect of our business."
The yearbook aims to distinguish individual companies by industry that demonstrate strength in corporate sustainability. Hanon Systems ranks as a 2024 yearbook member in the Auto Components category following a review of 2023 CSA scores of more than 9,400 companies worldwide. Criteria for the yearbook listing includes companies that score within the top 15% of their industry and a CSA score within 30% of the industry's top-performing company.
About Hanon System s
Hanon Systems is a full-line supplier of automotive thermal and energy management solutions for electrified and conventional vehicles. Its offering includes a wide range of solutions in the areas of heating ventilation and air conditioning; powertrain cooling; compressor; fluid transport; and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers, and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems .
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(MENAFN- Arab Times) KUWAIT CITY, June 5: The Ministry of Commerce and Industry has issued a decree banning for an indefinite period 15 real estate companies from participating in real estate exhibitions inside Kuwait.
The ministry has also referred the files of these companies to the Money Laundering and Commercial Control department.
The department will scrutinize the documents of these companies to determine their financial status and run a check on the movement of funds in local banks and remittances during the past period. It has been reported a majority of the suspended companies are not real estate developers and do not have real assets. They depend on the system of distribution of returns and profits under the 'umbrella' of real estate market.
In the same context, the ministry held a meeting with a number of representatives of the suspended companies over the past week and reached an amicable solution with some of them to settle the issue with investors after agreeing to pay part of the paid-up capital without receiving any returns.
The sources said one of the suspended real estate companies, owned by a Saudi, has handed over to the Ministry of Commerce an official letter stating that it has paid all the debts owed to the clients.
The ministry is preparing to issue a decision over the next few days to suspend one of the exhibitions- organizing companies for two years after it was proven that it has committed serious irregularities, such as executing sales during the last exhibition and allowing participation of some of the banned companies that do not meet the ministry's requirements.
By Rabab Al-Jowhari Al-Seyassah Staff
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Dickinson airport boardings to increase, manager says
Passenger boardings at Theodore Roosevelt Regional Airport in Dickinson continue to rise and the facility’s manager said the trend is expected to continue.
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(MENAFN - Trend News Agency ) BAKU, Azerbaijan, August 1
By Tamilla Mammadova – Trend:
The external merchandise trade (excluding non-declared trade) of Georgia amounted to $6.20 billion from January through June 2021, 20.7 percent higher than the same period of 2020, Trend reports via the Geostat.
The exports equaled $1.88 billion (25.2 percent higher), while the imports stood at $4.32 billion (18.9 percent higher).
The negative trade balance was $2.44 billion from January through June 2021 and its share in external trade turnover constituted 39.3 percent.
From January through June 2021 the share of the top ten trading partners by exports in the total exports of Georgia amounted to 77.9 percent. The top partners were China ($289.9 million), Russia ($263.7 million) and Azerbaijan ($244.4 million).
In the reporting period, the share of the top ten trading partners by imports in the total imports of Georgia amounted to 68.5 percent. The top partners were Turkey ($779.6 million), Russia ($466.1 million) and China ($362.8 million).
From January through June 2021 the share of the top ten trading partners in the total external trade turnover of Georgia amounted to 70.4 percent. The top trading partners were Turkey ($944.1 million), Russia ($729.8 million) and China ($652.6 million).
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(MENAFN- Morocco World News) Rabat – The number of new decreased by 44 percent between 2004 and 2016 due to the "remarkable progress made by in terms of coverage and access to preventive and curative medical services," said the provisional Minister of Health, Abdelkader Amara, on Tuesday in Rabat.
These results have earned Morocco praise from UNAIDS in its 2017 report, as it scored exceptional results in the Middle East and North Africa (MENA) region.
The rate of people living with HIV who know their HIV status increased from 37 percent in 2011 to 63 percent by the end of 2016, exceeding the average of 53 percent observed in the MENA region.
The number of people receiving free antiretroviral treatment has almost tripled, from 4,047 in 2011 to 11,246 in June 2017, compared to the average of 24 percent in the MENA region.
Resulting from policies to prevent transmission of HIV infections from mother to child, the coverage rate of HIV-positive pregnant women through preventive treatment has increased from 33 percent in 2011 to 62 percent in 2016, far exceeding the percentage observed in the MENA region, which is less than 20 percent, said the provincial minister.
The ministry has developed and implemented, in partnership with the National Human Rights Council (CNDH), its HIV-related human rights strategy 2013-2017 in order to reduce stigmatization and discrimination against people living with HIV and vulnerable populations, he said.
In Morocco, UNAIDS found that the most affected people by HIV in 2016 are drugs addicts, with 7.9 percent prevalence of HIV.
They are followed by men who have sex with men, with an HIV prevalence of 5.7 percent. Only half of them registered using condoms during intercourse, which makes them the second most affected population by .
The study also noted that half of sex professionals, men and women alike, reported having unprotected sex, among whom 1.3 percent live with HIV.
The report added that among the 78,000 prisoners in the kingdom in 2016, 0.5 percent of them live with .
In addition, the proportion of pregnant women who are carrying the virus in Morocco reached 62 percent in the same year, registering an increase in the last six years.
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(MENAFN- The Peninsula) BEIRUT: Western intelligence agencies warned former Lebanese prime minister Saad al-Hariri of an assassination plot against him, the Saudi-owned pan-Arab newspaper Asharq al-Awsat reported on Sunday. It cited unnamed sources close to Hariri.
However, Major General Abbas Ibrahim, head of Lebanon's General Security, said he had no information about an assassination plot against political figures in Lebanon. The army also said it had not uncovered any such plots.
Asharq al-Awsat reported that the sources 'revealed that he had received Western warnings of an assassination attempt that was prepared against him. It did not give further details of the alleged plot.
Hariri announced his surprise resignation on Saturday, citing a plot to kill him, and saying the climate in Lebanon resembled that before the assassination of his father Rafik al-Hariri, who was also prime minister, in 2005.
He criticised Iran and its Lebanese ally Hezbollah for their role in Lebanon and other Arab countries.
Hariri travelled to Riyadh on Friday and did not return to Lebanon. His resignation was made in a televised statement from Saudi Arabia, an arch rival of Iran.
Asharq al-Awsat reported the same unnamed sources as speculating that Hariri would probably remain outside Lebanon because of the security threat against him.
On Saturday, Saudi-owned television channel al-Arabiya al-Hadath, part of the same media group as Asharq al-Awsat, reported that an assassination plot against Hariri had been foiled in Beirut days earlier, citing an unnamed source.
Saudi Gulf Affairs Minister Thamer al-Sabhan said in a television interview that Hariri's personal security detail had 'confirmed information of a plot to kill him.
Lebanon's internal security force said in a statement on the reports that it had no information about the matter.
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(MENAFN- The Peninsula) Reuters
The BBC has apologised to viewers after the headline 'Manchester United are rubbish' appeared on its ticker during a television news broadcast on Tuesday.
The headline appeared on the bottom of the screen during a report on the French Open tennis championship.
TV critic and broadcaster Scott Bryan, who works for the BBC, noticed the gaffe and posted a clip on Twitter immediately went viral.
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BBC presenter Annita McVeigh later issued the apology on air and explained that the headline was written when someone was learning how to use the ticker.
'Some of you may have noticed something pretty unusual on the ticker that runs along the bottom of the screen with news making a comment about Manchester United. I hope that Manchester United fans weren't offended by it,' she said.
'Let me just explain what was happening: behind the scenes someone was training to learn how to use the ticker and to put text on the ticker. So they were just writing random things, not in earnest, and that comment appeared.
'So apologies if you saw that and you were offended and you're a fan of Manchester United. But certainly that was a mistake and it wasn't meant to appear on the screen.'
United have endured a torrid campaign, finishing sixth in the table with 58 points -- their lowest in the Premier League era
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Peru stocks lower at close of trade S&P Lima General down 0.45%
(MENAFN- FxPro) Peru stocks were lower after the close on Monday, as losses in the Banking&Financials, Mining and Industrials sectors led shares lower.
At the close in Lima, the S&P Lima General fell 0.45%.
The best performers of the session on the S&P Lima General were Panoro (LM:PML), which rose 6.25% or 0.005 points to trade at 0.085 at the close. Meanwhile, Unacem (LM:CEL) added 1.58% or 0.030 points to end at 1.900 and Intergroup (LM:IFS) was up 0.56% or 0.140 points to 25.000 in late trade.
The worst performers of the session were Bco Continenta (LM:CON), which fell 3.12% or 0.100 points to trade at 3.100 at the close. Cerro Verde (LM:CVE) declined 2.71% or 0.460 points to end at 16.520 and Milpo (LM:MIL) was down 2.59% or 0.050 points to 1.880.
Falling stocks outnumbered advancing ones on the Lima Stock Exchange by 16 to 3 and 8 ended unchanged.
Crude oil for October delivery was down 1.23% or 0.55 to $44.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 3.28% or 1.61 to hit $47.43 a barrel, while the December Gold contract rose 0.44% or 4.90 to trade at $1108.20 a troy ounce.
USD/PEN was down 0.44% to 3.2015, while EUR/PEN rose 0.34% to 3.6403.
The US Dollar Index was up 0.01% at 95.39.
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FCCLAers attend the state conference
Twenty one FCCLAers attended the Minnesota State Family, Career and Community Leaders of America Conference April 15-17 at the Sheraton Hotel in Bloomington.
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Elon Musk: Tweet on purchasing Manchester United was joke
(MENAFN) Billionaire Elon Musk stated he has no plans to purchase football club Manchester United, hours after sparking internet frenzy with a tweet.
“No, this is a long-running joke on Twitter. I’m not buying any sports teams,” Musk answered early on Wednesday after he got a question by a Twitter user if he was serious on taking over the floundering English football team.
“Although, if it were any team, it would be Man U. They were my fav (sic) team as a kid,” he also said.
In his original tweet, Musk, the world’s richest person, wrote: “I’m buying Manchester United ur (sic) welcome.”
Musk’s comments were largely greeted with skepticism, given his history of confusing and unusual claims on Twitter.
On the other hand, he clearly gave a glimmer of hope to United fans unfulfilled by the club’s poor performances and declining fortunes.
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- Organised by Dubai Chamber's representative office in Maputo, the forum was attended by high-level Mozambican trade delegation.
- Forum highlighted investment opportunities emerging across various economic sectors in Mozambique.
Dubai, UAE: UAE companies and their Mozambican counterparts took part in more than 100 bilateral meetings during the Dubai-Mozambique Business Forum, which was recently organised by Dubai Chamber of Commerce in collaboration with the Mozambican Industrial Association (AIMO) and the Federation for the Improvement of the Business Environment in Mozambique (FAN).
The forum, hosted at Dubai Chamber of Commerce's headquarters, was attended by more than 100 participants, including His Excellency José Maneia, Consul General of Mozambique in Dubai, and high-level Mozambican trade delegation representing 18 companies. Sessions during the examined investment opportunities emerging across various economic sectors in Mozambique.
The visiting Mozambican delegation included companies operating in the energy, oil and gas, food industries, tourism and services sectors. The Mozambican delegation had the opportunity to visit the Mozambique pavilion at Expo 2020 Dubai and obtain more information from Commissioner General Miguel Mkaima about the work carried out to promote the country at the mega-event.
For his part, Omar Khan, Director of International Offices at Dubai Chamber of Commerce, described Africa and Mozambique as markets of strategic importance to Dubai, which offer huge trade and investment potential.
Khan noted that Dubai remains a preferred hub for African companies that leverage the emirate's position to expand their global footprint, adding that the Chamber's representative office in Maputo assists Mozambican companies with their entry into the Dubai market.
About Dubai Chambers
Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, providing innovative value-added services and access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber and the formation of three chambers for the emirate, namely, Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under Dubai Chambers.
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(MENAFN) According to final data released on Friday by Eurostat, annual inflation in the eurozone stood at 8.5 percent in February, a slight dip from January's 8.6 percent but still well above 5.9 percent in February 2022. The main drivers of the inflation rate were food, alcohol, and tobacco, which had the largest contribution to the main reading (up 3.10 percentage points), followed by services (up 2.02 percentage points), non-energy industrial goods (up 1.74 percentage points), and energy (up 1.64 percentage points).
On a monthly basis, consumer prices increased by 0.8 percent in February. This increase in consumer prices may have been driven by rising costs of food, transportation, and housing, which have been impacted by supply chain disruptions and higher demand due to pandemic-related factors.
Annual consumer inflation in the EU was at 9.9 percent in February, edging down from 10 percent in January. The lowest annual inflation rates were in Luxembourg (4.8 percent), Belgium (5.4 percent), and Spain (6 percent), while the highest were in Hungary (25.8 percent), Latvia (20.1 percent), and the Czech Republic (18.4 percent).
The high inflation rate in the eurozone has raised concerns about the impact on consumers and the wider economy. High inflation can erode the purchasing power of individuals, reduce economic growth, and lead to higher interest rates. The European Central Bank has been closely monitoring the inflation rate and has indicated that it may take action to address the issue if it persists.
Overall, the high inflation rate in the eurozone is a cause for concern and highlights the need for policies to address the underlying factors driving the increase in prices. This may involve measures to address supply chain disruptions, increase investment in infrastructure and technology, and promote greater competition in the market.
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(MENAFN- The Peninsula) On the occasion of the International Day for the Elimination of Violence Against Women, the Protection and Social Rehabilitation Centre (AMAN), which works under the umbrella of Qatar Foundation for Social Work, organised a celebration, workshops and discussion sessions, on Wednesday, at Qatar National Convention Center (QNCC).
The event witnessed the participation of specialised institutions and a group of prominent national figures in society, in addition to a number of experts in the field of social protection related to women's issues, as well as the participation of several interested parties from different segments of society.
The Acting Executive Director of Aman Center, Abdulaziz Al Ishaq, said that the celebration of the International Day for the Elimination of Vio-lence against Women comes as a realisation of the center's vision in enhancing protection and social rehabilitation for the targeted groups of women and children victims of violence and family breakdown.
He pointed out that the center organised workshops and discussions in response to the invitation of the UN General Assembly, which it addressed to governmental and non-governmental organisations and institutions, to organize programs to raise awareness of violence in societies.
The participants in the work-shops and discussion sessions recommended the necessity of following up the executive procedures related to the judiciary related to empowering women with their entitlements and rights, strengthening supportive partnerships in the areas of psychological, medical and social care, and developing an action plan with specific goals in partnership with the education sector to spread the culture of eliminating violence against women
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(MENAFN- Khaleej Times) Thu 25 Nov 2021, 9:35 AM
Last updated: Thu 25 Nov 2021, 10:06 AM
A fourth Emirate has announced a 50 per cent discount on traffic fines on the occasion of the upcoming UAE National Day.
On Thursday, authorities in Fujairah announced that motorists in the Emirate can also avail of a 50 per cent discount scheme on traffic fines.
The initiative is part of the Emirate's celebrations of the UAE's Golden Jubilee.
It comes as authorities in Ajman, Sharjah and Umm Al Quwain also declared similar schemes earlier this month.
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Motorists can avail discount in Fujairah for a period of 50 days starting from November 28, 2021. The discount is applicable on fines incurred until November 25.
The scheme does not offer discount on serious violations including jumping traffic light, reckless driving and engine modifications.
The UAE will celebrate 50 years of its Union on December 2. Nation-wide events and celebrations have been announced to mark the milestone event.
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New Delhi, Oct 2 (IANS) Host Salman Khan introduced 'Imlie' actress Sumbul Touqeer as the youngest contestant on 'Bigg Boss 16'. She impressed him with her simplicity and her ability to mimic people.
Sumbul told Salman that she is scared of his 'Weekend Ka Vaar' avatar and mimicked the way he takes the contestants to task. Salman praised her and said no one could mimic him so well.
Sumbul recited a poem and her father joined her on the stage. She said that after signing for the show, she was quite nervous and her father had motivated her to participate in it. She recalled her father saying: 'You can never lose.'
Now, she added, she is ready to start a fire inside the house.
Salman appreciated Sumbul for her upbringing. Post her entry, many fans took to Twitter and called her a 'complete package'. A few even predicted that she will be the 'finalist'.
The other contestants on 'Bigg Boss 16' included Tina Datta, Sreejita De, Gautam Vig, Manya Singh, Soundarya Sharma and Gor Nagori.
'Bigg Boss 16' airs on Colors.
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(MENAFN- Muscat Daily) Muscat- A joint effort between Oman and Bahrain has resulted in the rescue of three Egyptian vultures.
An endangered species, Egyptian vulture population in recent times has rapidly declined in India combined with severe long-term declines in Europe and West Africa. However, an ongoing research by Environment Society of Oman (ESO) has shown that Oman may be a stronghold for the species, and as such has the potential to help contribute to global conservation efforts.
The three vultures were rescued from a zoo in Bahrain, ESO stated. 'Raptor Rehab, an organisation dedicated to the preservation and conservation of indigenous birds of prey and their habitats, got in touch with us to arrange for these vultures to be brought to Oman to be released in their natural habitat,' ESO said.
The NGO later tweeted on Monday that the Egyptian vultures had arrived in Oman. 'We would like to thank Oman Air for transporting them from Bahrain to Oman for their safe release. The vultures are in quarantine at the moment and appear to be in good health.'
As part of the Egyptian Vulture Research and Conservation project, ESO fitted two juvenile Egyptian vultures with solar-powered GPS radio tags last year to better understand the ecology of this endangered species. The tracking of these birds will help ESO identify the birds' habitats, important congregations, main threats, and boost conservation efforts.
Nicknamed the 'Pharaoh's Chicken', Egyptian vultures are distributed across southwestern Europe, northern and central Africa, Arabia, India, eastern Europe and central Asia. As a direct result of accidental and planned poisoning, electrocution on medium voltage power lines, persecution, poaching and habitat destruction, Egyptian vulture is globally endangered. According to the International Union for Conservation of Nature, the Egyptian vulture has declined in virtually all parts of its range.
It has experienced a 90 per cent decline in India during the last decade, a 50 per cent decline in Europe over the last three generations alongside significant declines in their African and Arabian populations.
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(MENAFN- IANS) Thiruvananthapuram, Dec 2 (IANS) The ongoing Global Ayurveda Festival (GAF) has reinforced the unique role of Ayurveda in dealing with diseases by coming out with tablets instead of concoctions for major health issues like heart ailment, diabetes, thyroid and ovary issues.
Oral pills capable of checking hypertension owing to heart ailments and cholesterol formed the main attraction for visitors at the fifth GAF, which began on Friday.
The highly-effective herbal medicines have been developed by a range of manufacturers from small-time to leading firms.
The tablets work towards decreasing cardiac complications by controlling the presence of fat in blood vessels, thus containing high blood pressure that typically triggers hypertension.
However, the medicines are relatively less sought in the market.“This is because people believe that one has to go by a strict diet and other regimens for Ayurveda medicines to be effective,” said Dr A. Sindhu Vice-President of the Medical Research Wing of the Coimbatore-based Ayurveda Pharmacy.
Vaidyaratnam Group Senior Marketing Manager Sreejith Unni said that the recent researches have helped the manufacturers convert medicines in the form of tablets, extending their shelf life.
Dr Anoop Rajan of Kottakkal Ayurveda Hospital said that the Ayurvedic tablets can be consumed along with allopathic medicines without compromising efficacy.
“At least ten leading studies from across the globe have shown the vitality of herbal ingredients in improving the results in the treatment of major diseases,” said Rajan.
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