Niche market

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Bluewater helps Lend Lease to profits

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Pope postpones official audiences but working from residence: Vatican

first_img“But he thought it was best to postpone today’s official audiences. The meetings scheduled to take place in Santa Marta will take place regularly,” Bruni said, referring to the guest house where he lives.Bruni said the pope was “slightly unwell”.Pope Francis takes part in the penitential procession on Ash Wednesday in Rome, Italy, February 26, 2020. (REUTERS/Remo Casilli)The pope was to have received executives from Microsoft, IBM and other technology companies and make a speech to them in the Vatican that was to have been streamed to a conference in Rome on the need for ethics in Artificial Intelligence.The Vatican said on Thursday that the pope was suffering from a “slight indisposition.” On Thursday he cancelled a visit to a Rome basilica, where he was due to preside at a Lenten service with Rome priests.Topics : Pope Francis, who the Vatican says is still “slightly unwell,” has postponed all official audiences for Friday but is working from home.The Vatican did not specify what the pope was suffering from. At his general audience on Wednesday he appeared to have a cold and spoke with a slightly hoarse voice, and he coughed during an afternoon Ash Wednesday service in a Rome church.Vatican spokesman Matteo Bruni said the 83-year-old pope had said early morning Mass as customary in the chapel of the guest house and greeted those who attended.last_img read more

Arsenal confirm new deals for David Luiz, Pablo Mari, Cedric Soares and Dani Ceballos

first_imgAdvertisement Arsenal confirm new deals for David Luiz, Pablo Mari, Cedric Soares and Dani Ceballos David Luiz has put pen to paper on a new one-year contract at Arsenal (Picture: Getty)Arsenal have confirmed that David Luiz, Pablo Mari and Cedric Soares and have all signed contracts to stay at the club beyond the summer. In an official announcement on Wednesday morning, the club also revealed that Dani Ceballos had extended his loan from Real Madrid until the end of the 2019/20 campaign.Much of the talk following Arsenal’s comprehensive defeat at Manchester City surrounded the future of Luiz and the central defender has put an end to the uncertainty by putting pen to paper on a new one-year deal. Ceballos has extended his stay until the end of the season (Picture: Getty)‘With Pablo we’re all disappointed he got injured at Manchester City. Since Mikel arrived here he was asking for a central defender who was left-footed. ‘We were really pleased with Pablo – his behaviour, the way he is training, his mentality and his quality. Unfortunately, he has that injury but of course we are really happy to keep him for the future. ‘Cedric is also going to be an important player. He has been unlucky with the injuries but he is close to being ready and gives us more strength in the right-back position. ‘We’re also pleased Dani will finish the season here. He is making a good contribution and we look forward to him having a strong finish to the season.’ Comment Soares has joined Arsenal on a permanent long-term deal (Picture: Getty)Soares is yet to make a single appearance for Arsenal since his move at the end of the January transfer window. The Portugal right-back arrived with a knee ligament problem and a facial injury prevented him from competing against Charlton Athletic and Brentford earlier this month. He joins the north London giants on a free transfer with his deal at Southampton coming to an end. More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalMari, meanwhile, has played three times for Mikel Arteta’s first-team but the defender looks set for a lengthy spell on the sidelines after suffering an ankle injury at the Etihad.It’s understood the Spaniard could be out of action for up to three months.Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page.MORE: Dimitar Berbatov sends warning to Scott McTominay after signing new Manchester United contractMORE: Mikel Arteta hits back at Gary Neville and reveals Arsenal’s transfer plans are undecided Advertisement Metro Sport ReporterWednesday 24 Jun 2020 8:53 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link523Shares Mari has signed a long-term deal with the Gunners (Picture: Getty)Mari, who joined on loan from Flamengo in January, has completed a formal move and agreed a new long-term contract at the Emirates while Soares’ switch from Southampton has been made permanent.AdvertisementAdvertisementADVERTISEMENTArsenal technical director Edu told the club’s official website: ‘I am really happy that we will have these players in our squad for the future. ‘They have been part of the long-term technical plan Mikel and I have developed. They bring the right balance to our squad. ‘David is a really important player for us. He has played most of our matches this season and has been important for the team. His passing, his communication with the team on and off the pitch. He helps everyone.last_img read more

China asset management market ‘to grow sixfold in 10 years’

first_imgShanghai, ChinaSource: Manuel Joseph The exponential growth was to be driven by “unprecedented” reforms in the country’s financial services sector and the arrival of global firms.The report said mutual fund assets under management reached $450bn in 2007. A decade later that figure had quadrupled to $1.8trn.The growth in the sector between 2007 and 2017 was led by key interest-rate reforms, which resulted in an unprecedented and unexpected acceleration of bank disintermediation into cash-equivalent products by retail investors.In the wake of these reforms, Z-Ben said it expected a sixfold increase in total assets to $12trn by 2027.This next phase of growth would involve China’s domestic markets deepening and broadening, Z-Ben said. In recent months the government has moved to open up both its bond and equity markets to overseas investors.Combined with the introduction of tax-incentivised pension programmes, the Chinese fund management market would experience increased flows, leading to a more mature market, the consultancy said.It noted that China’s fund industry had achieved historic growth without the support of defined contribution pension flows. China’s assets under management is expected to reach $12trn (€9.8trn) by 2027 due to pension fund inflows, according to a report from Shanghai-based financial consultancy Z-Ben.This compares to the country’s $1.7trn of assets at the end of 2017. Pension flows will account for up to 40% of China’s total industry assets under management in 10 years’ time, Z-Ben said.The consultancy added that global managers “have real competitive advantages” when entering the Chinese market, and were projected to run roughly 25% of the 2027 total.last_img read more

NPA recruitment goes on despite health emergency

first_imgThe Philippine Army’s 3rd InfantryDivision (3ID) criticized the NPA for the latter’s obtuseinsensitivity to public sentiment at this time. “They wanted to project na malakas pa rin sila, but they arenot,” said Pancito. The NPA is the armed wing of theCommunist Party of the Philippines./PN “They have become irrelevant anddesperate. Alam nila na ang support ng tao ay nasa government forces na. Angmga tao ay sawa na sa kanilang promises,” said Pancito. “Therebels are insensitive to the plight of the people who are all on quarantine intheir houses. They are taking advantage of the situation,” said 3ID spokesperson, Army Captain Cenon Pancito III. The wholeprovince is on an enhanced community quarantine to stop the spread of COVID-19. In Barangay Lanag, Tigbauan town therebels circulated recruitment flyers and displayed streamers. ILOILO – Despite the current publichealth emergency due to the coronavirus disease 2019 (COVID-19) pandemic, theNew People’s Army (NPA) in this province is pushing through with itsrecruitment activities. He reminded people not to support norjoin the NPA “kasi walang patutungohan.” The NPA is on a recruitment spreebecause its ranks are declining, he revealed. “They need to recruit in the lowlandsbecause they no longer have recruits in the upland areas,” said Pancito. In the whole Panay Island, Pancitosaid, there are now less than a hundred rebels. Many NPA members surrendered tothe government and others were killed in encounters with government troops, headded. Village residents alerted the policeon Wednesday. Just thisMarch 29 the NPA marked its 51stanniversary. The recruit flyers were printed withwords “Lumalakas, lumalawak, lumalaban.Join NPA. Napoleon Tumagtang Command. I love NPA dito sa Tigbauan.”last_img read more

‘Tong-its’ puts 8 persons behind bars

first_imgPolice chanced upon the suspects playing tong-its at around9 p.m. on May 14, it added. Recovered from their possession were three decks of playing cards and bet money which amounted to P3,170. They were residents Renato Sano, Jesus Cartin, Lex Gomez, Augustin Tuante, Jeffrey Labaro, Albert Sasa, Elmer Sasa, and Eric Andotan, a police report showed.   ILOILO City – Police caught eight persons engaging in illegal gambling in Barangay Cata-an, San Joaquin, Iloilo.  Detained in the lockup cell of the municipal police station, the suspect face charges for violation of Presidential Decree 1602, which prescribes stiffer penalties on illegal gambling./PNlast_img read more

Bacolod SP seeks to extend use of schools as isolation centers

first_img“As part of the strategy to combat COVID-19, Bacolod residents – returning from elsewhere – need to be quarantined for duration as sanctioned by the Department of Health,” Novero said. According to the councilor, the 118 classrooms in the eight public schools here with existing agreement between the Deped and city government may no longer be sufficient to accommodate all the returning Bacolod residents. BACOLOD City – The Sanggunian Panlungsod here is pushing to extend beyond June 30 the use of schools as temporary isolation facilities for returning overseas Filipino workers (OFWs) and locally stranded individuals (LSIs). The city’s legislative body recently passed a resolution requesting the Department of Education (Deped)  in Western Visayas for an additional school facilities and extension of period for the utilization as quarantine centers to accommodate LSIs and OFWs during their 14-day quarantine. These are Sum-ag National High School (40 rooms); Luisa Medel  National High School (35 rooms); Mansilingan Agro Industrial High School (33 rooms) and Luis Hervias Nation High School (37 rooms).center_img Novero said the health emergency caused by COVID-19 appears to be indefinite duration and the need to quarantine returning residents may stretch beyond June 30./PN Councilor Renecito Novero, author of the resolution, cited the spike of COVID-19 cases in the country and more particularly in this city. “Four more public schools have been identified by the City Engineer’s Office, which can provide an additional 145 rooms and accommodation for about 540 occupants,” Novero noted.last_img read more

Lady Cardinals Basketball Results

first_imgThe St. Louis 7th and 8th grade girls traveled to St. Michael’s and lost both.The 7th grade Lady Cardinals ended with a score of 31-10.Scoring for St. Louis was Emma Weberding with 4pts, Alyssa Wanstrath, Olivia Raab, Ava Allen all had 2pts each.  We played some tough D and pressed, but we were unable to stop them for the fast break points.  We kept a positive spirit and left the score out of mind and aimed to get 10pts for us and we accomplished this and many more things.  Way to have a great attitude ladies.The 8th grade Lady Cardinals also ended with a loss the score being 34-28.This game was a close one all the way through.  Scoring for SLS were Pam Meneses with 16pts, Lauren Gutzwiller with 8pts, Grace Eckstein and Emma Weberding with 2pts each.  For having a team that is ill and injured they do a great job.  It is unfortunate that it has happened to our team this year.All these girls played their hearts out and fought a great match up to the end.  Good job ladies.Courtesy of Cardinals Coach Erin Trenkamp.last_img read more

Franklin County Chamber offers leadership sessions

first_imgBrookville, Ind. — The Franklin County Chamber will hold a Business Leader Development session on Wednesday, August 16. A morning session at 7:30 a.m. or an afternoon session at 4:30 p.m. is available. For more information email info@fcchamber.netlast_img