Corporate titans commit to lowcarbon future – UN

They urged governments to advance negotiations to ensure an ambitious outcome at the UN Framework Convention on Climate Change (UNFCCC) conference in Cancún which kicks off next month.The corporate leaders also underlined the need for a level playing field worldwide to foster green entrepreneurship, in a declaration issued at the conclusion of the Business for the Environment (B4E) summit in the Mexican capital yesterday.Energy companies at the gathering agreed to work towards reaching 100 per cent renewable energy production by 2050, while information and communication technology (ICT) companies committed to curbing nearly 8 gigatonnes of carbon emissions, and representatives from the building sector pledged to limit emissions by 40 per cent in new buildings by 2020.“Many businesses, including those at the B4E Summit, are signalling leadership and seizing the opportunities of the climate change challenge. Why? Because many see rising risks to profits from the impacts of rising greenhouse gases but also an opportunity to become far more resource efficient and innovative enterprises,” said UNEP Executive Director Achim Steiner.He said Governments at next month’s Cancún meeting and beyond have a responsibility to support these goals.Business leaders at the Mexico City event agreed that the creation of strong global policy and national legal frameworks are required to avert a major climate crisis with economic, political, health, environment, safety and other implications.“While governments hold the key to setting the right signals and incentives, it is business that provides the solutions we need,” said Georg Kell, Executive Director of the UN Global Compact, an initiative that seeks to foster socially responsible business practices. “Now is the time to support the many efforts that already exist to ensure that low-carbon innovation is shared widely and to mobilize those still sitting on the fence,” he stressed. “We cannot afford to wait any longer.With less than two months remaining before the Cancún meeting, the UNFCCC chief has called on nations to accelerate efforts to find common ground to reach a concrete outcome at the gathering.“Governments have restored their own trust in the process, but they must ensure that the rest of the world believes in a future of ever-increasing government commitment to combat climate change,” said Christiana Figueres, UNFCCC Executive Secretary.Some 3,000 participants from more than 170 countries are in Tianjin, China, for a week-long negotiating session which began on Monday ahead of the Cancún meeting. 6 October 2010Business leaders from around the world today pledged to slash their carbon emissions in areas ranging from energy, communications and construction at the end of a United Nations-backed summit in Mexico City. read more

Iranian Parliament Speaker says must increase trade with Sri Lanka

Iranian Parliament Speaker Ali Larijani says the time has come to increase trade relations with Sri Lanka.At a banquet held in his honour at Iran’s embassy in Colombo, Ali Larijani also urged the Iranian embassies in foreign countries to contribute to the economic relations of Iran with other countries, the Mehr News Agency reported. “Currently there are some problems and some economic issues in Sri Lanka and these problems should be solved,” Larijani said. He said that Iran and Sri Lanka have had relatively good relations in the past and had joint consultations and also cooperated in the international arena. Larijani along with a 36-strong delegation are in Sri Lanka. The visit is in response to an invitation extended by Sri Lankan Parliament Speaker Karu Jayasuriya. (Colombo Gazette) read more

UN agency concerned about four Uzbek refugees detained in Kyrgyzstan

Officials with the United Nations refugee agency (UNHCR) are calling on the Kyrgyz Government to refrain from any action aimed at forcibly returning four Uzbek refugees now in detention to their home country.The today voiced concern about the fate of the four, who remain in custody in Kyrgyzstan months after they were arrested following an extradition request from the Uzbek Government.Officials with the Geneva-based agency have assured the Kyrgyz authorities that they would help find solutions to the situation, including resettlement in other countries. The four arrived in Kyrgyzstan in the immediate aftermath of the violent events in Andijan last May. They had been part of a group of some 500 asylum-seekers recognized as legitimate refugees, but were the only ones left behind after the others were evacuated out of Kyrgyzstan in July for urgent resettlement elsewhere. “I have expressed my gratitude to the Kyrgyz Government for having worked closely with UNHCR to ensure the protection of the group,” said Ekber Menemencioglu, the Director of UNHCR’s Bureau for Central Asia. “I also wish to call on the Kyrgyz authorities to continue to provide adequate protection to the four refugees remaining on their territory.”The four were detained in June following an extradition request from the Uzbek Government. Since then, they have been kept in detention in Osh, in the south of Kyrgyzstan, where they are still awaiting a decision on their fate despite the fact that UNHCR thoroughly reviewed their cases and determined that they are refugees who deserve protection. Kyrgyzstan is a signatory to the 1951 UN Refugee Convention and an extradition of the four would violate the treaty’s provisions, UNHCR said.There has been no independent investigation of the events that led to the deaths of a still-unknown number of people in the town of Andijan in May, 2005. Last month, the UN High Commissioner for Human Rights, Louise Arbour, urged the Uzbek Government to abide by international legal standards amid reports that dozens of defendants were convicted during closed-door trials.The High Commissioner’s Office has also found strong, consistent and credible testimony indicting the Uzbek military and security forces had committed grave human rights violations in Andijan. read more

Li family trust to buy Ontariobased Reliance Home Comfort for 282 billion

Li family trust to buy Ontario-based Reliance Home Comfort for $2.82 billion TORONTO – One of Hong Kong’s richest families is planning to buy Reliance Home Comfort, an Ontario-based company that services home furnaces and air conditioning systems.Alinda Capital Partners is selling Reliance for C$2.82 billion to a subsidiary of Cheung Kong Property Holdings (CKP), which is controlled by the Li family trust.The family of Li Ka-shing — based in Hong Kong — has had extensive involvement in Canada over the years and remains a major indirect shareholder of Calgary-based Husky Energy (TSX:HSE).The deal was announced Friday by CKP managing director Victor Li and posted on Alinda’s website.Alinda describes itself as an independent private equity firm that manages $9 billion of assets in the United States, Canada and Europe.The transaction is subject to approvals under the Investment Canada Act and the Canadian Competition Act, but is expected to close in the first half of this year.CKP says it expects Reliance will continue to be based in Toronto and managed by the existing management team. by The Canadian Press Posted Mar 31, 2017 9:06 am MDT Last Updated Mar 31, 2017 at 10:00 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

For Sarah Miller Ohio State gymnastics is home

Ohio State gymnast Sarah Miller was named the Big Ten Events Specialist last week after being named Big Ten co-event specialist the previous week, continuing her soar on the scoreboards, but everything has not always been so easy for the talented athlete. After losing her mother at the age of 3, her grandparents at ages 13 and 14 and a coach as well, Miller managed to stay on track with gymnastics. Miller credits her successes and her tenacity to her late mother, who did mommy-and-me gymnastics classes when Miller was 2. “I think the main reason I stuck with gymnastics is because my mom got me into it and just kind of trying to make her proud in what she started me in,” Miller said. The junior Collegeville, Pa., native has found a safe haven in gymnastics. Every aspect of the sport has become a sense of comfort for Miller. “I know that if I didn’t have gym, I don’t know what I would do. It’s my home. It’s my stress reliever,” Miller said. “This is my family and these are my girls.” Melanie Shaffer, junior all-around gymnast and an acquaintance from Miller’s childhood turned friend, teammate and roommate, also provided a sense of comfort for Miller. “We became really close friends when we first got to Ohio State, but we met a little bit throughout club gymnastics because we are both from Pennsylvania,” Shaffer said. Although several of Miller’s teammates see her as the funny girl on the team, her coach said that Miller has a guard up. “She’s not super easy to get to know right away,” said Carey Fagan, OSU women’s gymnastics coach. “I think it takes a while for her to trust people and to let people into her inner circle because she’s lost a lot of people over time, and I think that has impacted her, and she takes her time getting to know people.” Fagan has also noticed that Miller has the tendency to be rather tough on herself. “She’s a perfectionist,” Fagan said. “She likes to go until she gets it right and I think that mentality over the years has taken a toll on her body.” Titled the Big Ten Freshman of the Year in 2011, she began to experience the pressures of a collegiate athlete. “Winning Big Ten Freshman of the Year, she has sort of emerged as the star of our team and she thrives (on) that,” Fagan said. “She loves being in that anchor spot in her events and she competes remarkably under pressure.” The expected dream of a collegiate gymnast is usually to make it to the Olympics, but that couldn’t be farther from the truth for Miller. “There’s always that (Olympic) dream when you’re a little kid, but after I started to come to realize, it’s not really what I want,” Miller said. “My dream is to be a collegiate coach.” OSU women’s gymnastics is set to next take on Michigan Friday at 7 p.m. at St. John Arena. read more

Energy suppliers overcharge UK gas consumers after mistake in meter readings

first_imgEnergy companies have been ordered to refund thousands of customers after they were overcharged because of basic mistakes in gas meter readings.The industry’s regulator Ofgem said it had written to firms about the error, which saw companies confusing old imperial gas meters, which measure usage in cubic feet, with newer metric ones, which measure it in cubic metres.The error is said to have affected about 0.04 per cent of all 27 million customers in the UK, which amounts to more than 10,000.The news comes just weeks after the competition watchdog warned that customers are paying £1.7billion more than they should every year by not switching supplier.Some customers are now likely to have been undercharged if their metric meters were read as imperial, while others will have been overcharged if the reverse happened.Industry insiders told the Financial Times that some could have been undercharged by around 60 per cent while others have been overcharged by 130 per cent or more.Energy UK, the industry body, said it was working with companies “to investigate and address a gas metering issue” which had potentially affected “an extremely small number of accounts”.Regulators believe all of the “big six” suppliers are affected and an Ofgem spokesman said: “We have written to suppliers and asked them to refund affected customers.” Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.last_img read more

Sandvik celebrated 150 years on January 31

first_imgJanuary 31 was 150 years to the day since Göran Fredrik Göransson’s new company was formed in Sandviken, Sweden. At that time, Sandvik was first in the world to use the Bessemer process, which would revolutionise steel manufacturing. The company quickly became one of the world’s leaders in its industry. For 150 years, Sandvik has successfully operated and evolved by continuously being innovative and identifying new opportunities in the markets and through various shifts in technology – not least its recent rise to being a major producer of mining equipment, particularly underground. On 31 January, the company hoisted the anniversary flag and enjoyed a spectacular fireworks display in Sandviken. An anniversary issue of the Group magazine Meet Sandvik has been published in 14 languages and a book presenting the company’s successful development will be released in March. During the year, various events will be arranged by Sandvik companies worldwide.For more information about the 150 year long journey go to read more

Inde un cargo transportant 60000 tonnes de charbon fait naufrage

first_imgInde : un cargo transportant 60.000 tonnes de charbon fait naufrageUn cargo qui transportait 60.000 tonnes de charbon a coulé, hier, au large de Bombay alors qu’il faisait route vers l’Inde. Avant de sombrer en mer, les 30 membres de l’équipage ont pu être sauvés, ont déclaré les autorités.Le MV Rak Carrier était un cargo de 220 mètres transportant 60.000 tonnes de charbon et envoyé par le Panama vers l’Etat du Gujarat, dans l’ouest de l’Inde. Le navire a coulé à 40 kilomètres des côtes indiennes, à hauteur de Bombay, quelques heures après avoir lancé un SOS. “Nous ne savons pas exactement ce qui s’est passé”, a déclaré à l’AFP un porte-parole du ministère de la Défense, le capitaine Nambiar, précisant toutefois que l’ensemble de l’équipage était sain et sauf.À lire aussiTote bag, G20 et paternité, les actus sciences que vous devez connaître ce 18 juinSelon les premières informations, le cargo, pris dans une tempête, a vu sa proue être submergée, rapporte Sciences et Avenir. La Direction générale de la Navigation indienne a ainsi indiqué dans un communiqué qu’à 9h30 GMT, le cargo était déjà aux trois-quarts sous l’eau et qu’il avait totalement coulé une demi-heure après.Ce nouveau naufrage intervient quelques jours après qu’un pétrolier se soit échoué sur une plage de Bombay après avoir dérivé pendant un mois en mer d’Arabie et sans avoir été repéré par les autorités maritimes indiennes.Le 5 août 2011 à 15:31 • Maxime Lambertlast_img read more


first_imgFurthermore, section 132 of the Constitution empowers the high courtwith original jurisdiction “to hear and determine all criminalproceedings” with the exception of proceedings for which the SupremeCourt has exclusive jurisdiction.On 2 October 2012, the high court entered judgment in favour of BerndGeorg Diedrich in his seven year civil suit. In his judgment, the highcourt judge declared that Mr. Diedrich is the rightful owner of thesuitland and that all transfers and allocations of land to thedefendants are null and void. The court ordered that the defendants beevicted from the suitland and granted “a perpetual injunctionrestraining the defendants from entering in, interfering with orbuilding on, developing or in any way interfering with the suitland.”However, according to Mr. Diedrich, on 23 December 2014, someofficials of physical planning department accompanied with about adozen fully armed PIU personnel ordered him to vacate the landdeclared by the court to be his own. The permanent secretary, ministryof lands indicated that this was the consequence of an executive orderand declined to make any further comment.Needless to say, the position of the Constitution on such matters isquite explicit. According to section 120 subsection (3) of theConstitution: “The Government and all departments and agencies of theGovernment shall accord such assistance to the courts as the courtsmay reasonably require to protect their independence, dignity andeffectiveness.”In short, what the president, ministers, permanent secretaries,department heads and police ought to do is to assist the courts inexecuting their orders not undermining the authority of the courts.In a democracy, it is the rule of law which prevails while in atyranny the rule of might takes sway. What Gambians cherish is to livein liberty, dignity and prosperity and which calls for democracy.It goes without saying that a leader has no moral authority to protestagainst oppression and exploitation by outside powers while injusticecontinues to prevail in his/her country.]]>last_img read more

Chelsea handed major Lewandowski boost

first_imgRoman Abramovich is more than hungry for a deal to bring in Lewandowski to Stamford Bridge, as they are still looking for a replacement for Alvaro Morata.Morata is still struggling to score a single goal since his last one on Boxing day, against Brighton. He was also left out of the Spain squad for their last game and according to Conte, he has to reach his top shape before the end of the season, or he will not be staying at Stamford Bridge for much longer.rb leipzig, bayern munichReport: Bayern are held by Leipzig George Patchias – September 14, 2019 Bayern Munich was held to another draw, this time by RB Leipzig.Bayern Munich finds themselves in the unfamiliar position of sitting third in the…Lewandowski has been lately linked with a move to Real Madrid. However, Florentino Perez might have already changed his target with Harry Kane, as they are also looking for replacement, only this time it is someone to step in Benzema’s boots, according to Express.Chelsea hopes have risen higher than ever as Perez is now eyeing Kane, instead of Lewandowski. It was his agent that sparked all the speculations for the future of the player last month.last_img read more

Exclusive Maradona dislikes Scaloni for Argentina

first_imgThe Argentinean football legend keeps slamming the Albiceleste caretaker manager, but at least he said “he is a great boy”Football legend Diego Armando Maradona keeps giving controversial responses for fans and the press alike.The manager of Dorados de Sinaloa in the Mexican Second Division, better known as Ascenso MX, played today a friendly against first-division side Club Tijuana and won 1-0.The match was played at Estadio Caliente in the border town of Tijuana, Mexico.And after the game, Maradona spoke in the press conference and couldn’t keep away from questions about his native Argentina.When asked about what does he think about Lionel Scaloni as caretaker of the national team, he said to our correspondent:“Lionel is a great boy. I would go and have a barbeque with him or drink some coffee,” Maradona was quoted by reporter Alejandro Guzmán.Raheem Sterling, EnglandTop 5 best players from the international break weekend Tomás Pavel Ibarra Meda – September 11, 2019 After a fresh international break just came to an end, we need to talk about the Top 5 best players during this whole weekend.We…“But I hope he doesn’t talk to me about the Argentina national team, because he’s unfit for it.”Maradona has taken Dorados de Sinaloa from the bottom of the Ascenso MX to eighth place.The team has now three wins, three draws, and four losses.His objective is to get promoted in the Mexican Primera División, better known as Liga MX.💛😍 El Gran Pez, más unido que nunca. #HazlaDeDiez— #HazlaDeDiez (@Dorados) October 13, 2018last_img read more

Vinicius and Ramos save Real Madrid vs Valladolid

first_imgWith a deviated goal by Vinicius in the final minutes of the match, Real Madrid was saved from another boring result against Valladolid at the Bernabeu.We can’t deny that Real Madrid is currently going through its darkest moment since Zinedine Zidane and Cristiano Ronaldo left, but newcomer Santiago Solari has at least understood how important Vinicius is to this club.Florentino Perez is many things, but the man is not stupid and he has recently proved that he doesn’t pay €45 million for any player as he did for the young Brazilian.This Saturday’s performance from Real Madrid before the 73rd minute, proved that Los Blancos were in urgent need of a player who helped his teammates wake up and the Flamengo product is just that.It took him only a couple of minutes to make the Bernabeu applaud him and it took him 10 to get the first goal of the match, even if the credit didn’t go to him after the goal was scored.Los Blancos didn’t have a proper player who could occupy the left wing when Ronaldo left, but Vinicius proved that he was born to play on that side of the pitch and he was able to accelerate the pace of all his teammates with his creativity and hunger for success.Vinicius y 10 más. #HalaMadrid— Real Madrid (@realmadridnote) November 3, 2018The fans at the Santiago Bernabeu ended up booing the players after a first half with no goals and very little emotions, Santiago Solari was able to study the weak points that this squad has during that time.Midfielders Luka Modric and Toni Kroos will mostly remain static if they don’t have players up front who are constantly moving and looking for a space to create football, but the biggest flop today was Casemiro as he looked extremely tired during the minutes he played and Solari was quick to notice this.Isco Alarcon came in during the second half to replace the Brazilian, the Spaniard was instantly positive for the game as he was fresh and had new ideas to help the squad.But the Spanish giants were still lacking that acceleration up front that Vinicius had, but Santiago Solari wanted to seem like he was going to take the player’s upbringing very carefully and he wouldn’t expose him too much because he still fears that the Santiago Bernabeu could intimidate him.But this player is very confident, he was eager to come in and prove that he is worthy to play for Real Madrid and also prove Julen Lopetegui wrong.David Villa, FC BarcelonaTop 10 players who played for both Barcelona and Valencia Boro Tanchev – September 14, 2019 Time to talk about the best players who represented both Barcelona and Valencia, prior to their La Liga encounter at Camp Nou this evening.🏁 FT: @RealMadrid 2-0 @realvalladolid (Kiko Olivas (og) 83′, @SergioRamos 88′ (p)).#Emirates | #RMLiga— Real Madrid C.F. 🇬🇧🇺🇸 (@realmadriden) November 3, 2018The goal in question came from a pass that Vinicius made which could’ve also been confused with a low shot, the attempt hit defender Olivas and completely distracted Valladolid’s goalkeeper.It really didn’t matter who had scored the goal, Vinicius celebrated it as if it was his own and the whole Santiago Bernabeu crowd cheered his triumphant presentation in this mythical stadium.After the first goal, all the Real Madrid players seemed to have lifted a giant weight from their shoulders and pretty much all of them started played considerably better.A few minutes before the end of the match, even Karim Benzema showed a different attitude and got fouled inside the box to give Real Madrid a penalty.Skipper Sergio Ramos delivered from the spot with a cold-blooded Panenka shot and sealed Los Blancos’ final 2-0 victory that could have never happened if Vinicius hadn’t played the few minutes he did today.It’s clear that he is the one who should start the matches and not Gareth Bale, who proved today that he is no longer a good option for Real Madrid as he wasn’t able to produce a single dangerous moment for his squad during the 70 minutes he played.⏱ | 0-0 | The second half has started at the Bernabéu! Let’s do this lads!🖥📱 #RMLiga | #HalaMadrid— Real Madrid C.F. 🇬🇧🇺🇸 (@realmadriden) November 3, 2018How would you qualify Vinicius’ impact in Real Madrid during the few minutes he played against Real Valladolid? Please share your opinion in the comment section down below.last_img read more

Bitcoin slips below 8500 Charts suggest more pain ahead

first_imgThe cryptocurrency saw some profit taking after it rallied close to $2,000 from the March 18 low of $7,335 Key resistance levels are lined up in the $9,180-$9,470 range A visual representation of the digital cryptocurrency Bitcoin.JACK GUEZ/AFP/Getty ImagesBitcoin prices fell below $8,500 on Friday, extending previous day’s sell off amidst reports of increased scrutiny on cryptocurrencies by Japanese regulators.The cryptocurrency hit a low of $8,347 and was trading 2.6 percent lower near $8,489 as of 0900 GMT, according to CoinDesk’s bitcoin price index. Bitcoin on a downward trajectory.TradingviewHere are some of the key technical levels to watch out for:Charts suggest further pullback in prices after the cryptocurrency failed to take out resistance around $9,000 levels Bitcoin has spent more than 48 hours trading the narrow range of $8,700-$9,200, signaling fresh weakness likely Nearly 13 of the 15 key moving averages signal a ‘Strong Sell’ on the cryptocurrency: Tradingview datalast_img read more

What to Do When the Boss Is Wrong

first_img— In better-run offices, employees defy their superiors overtly. Back in the early 1980s, when Joanna Hoffman was in charge of marketing for Apple’s nascent Macintosh computer system, her boss, Steve Jobs, was a demanding, tantrum-throwing perfectionist. According to his biographer, Walter Isaacson, every year from 1981 on, the team developing the Mac gave an award to the person who could best stand up to Jobs. The first winner was Hoffman. Mercurial bosses in dysfunctional offices sometimes give orders that their employees just ignore—even when that dysfunctional office is the highest in the country. According to Robert Mueller’s recent report, Donald Trump tried to get his staff to impede the special counsel’s investigation, but figures such as Don McGahn and Rod Rosenstein protected the president—and themselves—by quietly letting those orders slide. Workplaces function better, business ethicists point out, when they make room for a certain amount of defiance. “I think you always have to make independent judgments about orders that come down to you,” Charlan Nemeth, a psychology professor at the University of California at Berkeley, said in an email. Nemeth, the author of the 2018 book In Defense of Troublemakers, added, “People who speak up are often those most loyal to the organization.” Read the whole story: The Atlantic At one point, Isaacson wrote, she found out that Jobs had adjusted her marketing projections “in a way she found totally reality-distorting.” As she marched toward his office, she told his assistant, “I’m going to take a knife and stab it into his heart.” The company’s counsel overheard her and rushed out to stop her. “But,” she told Isaacson, “Steve heard me out and backed down.” The next year, she won the award again.last_img read more

Of press freedom and confident women

first_imgEducate yourselves on two buzzwords key to those who present news to you: censorship and freedom of expression; Trace the rise of television journalism and what it is now, in the words of a veteran journalist; And finally, learn why women must, and can, overcome people-pleasing. Here is a list of books, which you can add in your bookshelf: ‘War over Words: Censorship in India, 1930-1960’ by Devika Sethi Debates over freedom of expression make a significant chunk of the civic thought in a democracy like India. Censorship, too, has been an universal phenomenon throughout history. This book is about the history of censorship of publications in India over three crucial decades – encompassing the Gandhian anti-colonial movement, the Second World War, Partition, and the early years of Independent India. Also Read – Add new books to your shelf”In India, the contest over ideas and identities did not end in 1947; neither did the use of print as a means of disseminating views of various hues. Censorship, did not cease in 1947, and this book explores censorship of the printed word in India in the 15 years before and after independence from British rule,” the author wrote in the introduction. ‘The Indian Newsroom’ by Sandeep Bhushan The book, written by veteran journalist Sandeep Bhushan, asks pertinent questions of television journalism in its introduction, and tries to answer them in its pages: What caused the death of field-based reportage, and the marginalisation of reporters? What is access journalism, and what’s wrong with it? How did India evolve the star system? Also Read – Over 2 hours screen time daily will make your kids impulsiveIt goes on to ask: Is the reporter-editor relationship necessarily adversarial? How does the owner-editor system, perhaps unique to India, work in practice? And importantly, how does India compare to more mature industries, like those in the USA or UK? Expressing his thoughts over the changing face of TV journalism, the debut author has written in detail about studios, stars and the unmaking of reporters. ‘Girl, Stop Apologizing: A Shame-Free Plan for Embracing and Achieving Your Goals’ by Rachel Hollis “…Like many other women, I’m still in the process of overcoming a lifetime of people-pleasing,” that’s how the founder of a lifestyle website, Rachel Hollis, introduces her new book ‘Girl, Stop Apologizing’. Hollis says that she has seen it too often: women not living to their full potential. The book, tailor-made for women who undersell themselves, identifies the excuses to let go of, the behaviours to adopt, and the skills to acquire on the path to growth, confidence and believing in yourself.last_img read more

Qantas most punctual domestic airline four years running

first_imgQantas’ on-time record tarnished by subsidiary Jetstar’s poor performance. Despite Qantas taking out the top title for most on-time arrivals and departures, its low-cost subsidiary Jetstar was the least punctual airline.Qantas superseded Virgin Australia and Tiger Airways for the fourth consecutive year, while Jetstar was the worst domestic performer during the financial year till 30 June 2013, reported.The findings were delivered by the Bureau of Infrastructure and Transport and Regional Economics.“We’ve been quite upfront that our on-time performance is not where we would expect it to be,” Jetstar spokesperson Michael Scott said.“It’s encouraging that some recent changes, such as the increased use of dual door boarding and refinements to our schedule, have led to improved performance over the past few months.”Almost 85 percent of Qantas flights departed on time, compared with 81 percent of Virgin Australia flights, 80 percent of Tiger Airways services and 76 percent of Jetstar departures.When it came to regional carriers, Regional Express delivered an on-time performance rate of 86 percent, with Virgin, QantasLink and Skywest following behind in that order.The best on-time departures route? Adelaide to Port Lincoln. The worst? Hamilton Island to Sydney.The best on-time arrivals route? Adelaide to Gold Coast. The worst? Proserpine to Brisbane.Source = ETB News: P.T.last_img read more

Fannie Mae Sets Growth Forecasts for Slow

first_img A weaker-than-expected first quarter has researchers at Fannie Mae amending their forecast for growth in 2014, but they still project acceleration as the year progresses.In its Economic and Housing Outlook for April, Fannie Mae’s Economic and Strategic Research Group notes economic activity slowed in Q1 even more than was forecast, partly due to a sharp decline in inventory investment as consumer spending waned.Citing that drop—as well as unusual weather patterns and a “surprising widening” in February’s net exports—the group brought its projection for first-quarter economic growth down 0.5 percentage points to 1.5 percent annualized.Even with the adjustment, Fannie’s prediction calls for economic growth at 2.7 percent in 2014, a slight increase over last year’s 2.6 percent expansion.“The April economic forecast is similar to February and March, where slow growth has been the common denominator, but we expect to see a slight pickup beginning this quarter,” explained Doug Duncan, chief economist at Fannie Mae.Supporting that growth forecast are expected improvements in consumer spending, relief from fiscal policy concerns, and strengthening in the housing market—though expectations for the latter also had to be scaled back, thanks to the year’s slow start.“Some but not all of the weakness is likely related to the abnormally severe winter weather and should rebound in coming months,” the group said. “However, a significant share of the weakness appears to be related to the sharp decline in housing affordability and could persist for some time.”However, Duncan added, “the recent loss of momentum is likely a temporary one.”The group expects sales of new, single-family homes to rise 14.8 percent over 2013’s total to 494,000, a downward revision from 519,000. The forecast looks worse for existing homes, which are now expected to fall 1 percent to about 5.0 million.Origination projections have also been brought down, with purchase originations expected to hit $724 billion as refinances drop to $417 billion.Overall, Fannie Mae expects housing to contribute 0.3 percentage points to this year’s economic growth. Fannie Mae Sets Growth Forecasts for ‘Slow’ Share in Daily Dose, Data, Headlines, News, Originationcenter_img Fannie Mae Forecast GDP Home Sales Purchase Loans Refinance 2014-04-21 Tory Barringer April 21, 2014 429 Views last_img read more

Buyer Interest Down

first_imgBuyer Interest Down? Share The MBA released its Weekly Mortgage Applications Survey for the week ending October 6, 2017, Wednesday showing a number of decreases in activity.Since last week, the Market Composite Index, which measures mortgage loan application volume, decreased 2.1 percent on a seasonally adjusted basis. Unadjusted, the Index fell 2 percent, while MBA’s Refinance Index dropped 4 percent over the week. Seasonally adjusted Purchase Index decreased 0.1 percent, however, breaking up the decreases, Purchase Index increased 0.1 percent compared with the previous week on an unadjusted basis and was 7 percent higher than the same week in 2016.Refinance activity also fell from 50.1 percent the previous week to 49 percent, while adjustable-rate mortgages (ARMs) increased to 6.6 percent of total applications.The share of total applications:FHA increased from 10 percent to 10.3 percentVA rose from 10 percent to 10.6 percentUSDA decreased to 0.7 percent from 0.8 percentFor 30-year fixed-rate mortgages with conforming loan balances of 424,100 or less increased its average contract interest rate from 4.12 percent to 4.16 percent, with points decreasing from 0.45 percent to 0.44 percent, including the origination fee, for 80 percent loan-to-value ratio loans.Jumbo loan balances, which are higher than $424,100, on 30-year fixed-rate mortgages average contract interest rate increased from 4.09 percent to 4.11 percent, with points rising from 0.26 to 0.31, including the origination fee, for 80 percent LTV loans.The average contract interest rate for FHA backed 30-year fixed-rate mortgages increased from 3.99 percent to 4.00 percent, with points decreasing to 0.36 from 0.37, including the origination fee, for 80 percent LTV loans.15-year fixed-rate mortgages increased in average contract interest rate to 3.44 percent from 3.42 percent, with points decreasing to 0.36 from 0.39, including the origination fee, for 80 percent LTV loans.The average contract interest rate for 5/1 ARMs increased from 3.30 percent to 3.33 percent, with points remaining unchanged at 0.43 including the origination fee, for 80 percent LTV loans. October 11, 2017 645 Views center_img in Daily Dose, Data, Featured, Headlines, News, Origination Mortgage Applications 2017-10-11 Brianna Gilpinlast_img read more

FILE In this Wednesday May 8 2019 file photo

first_img FILE – In this Wednesday, May 8, 2019 file photo, Britain’s Prince Harry and Meghan, Duchess of Sussex, during a photocall with their newborn son, in St George’s Hall at Windsor Castle, Windsor, England. Buckingham Palace says that the Duke and Duchess of Sussex will not reveal the names of the godparents of their son Archie when he is christened on Saturday, July 6, 2019. (Dominic Lipinski/Pool via AP, File) by The Associated Press Posted Jul 6, 2019 4:19 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Royal baby Archie to have private Windsor Castle christening LONDON — The youngest member of Britain’s royal family, Archie Mountabatten-Windsor, is being christened in a private family ceremony at Windsor Castle.The 2-month-old son of the Duke and Duchess of Sussex will be baptized Saturday in a private chapel at the castle by Archbishop of Canterbury Justin Welby, head of the Church of England.He will wear a lace and satin christening gown that was also used for his cousins Prince George, Princess Charlotte and Prince Louis.Parents Prince Harry and Meghan have faced criticism for not giving the public a glimpse of the event and declining to reveal the names of Archie’s godparents. The couple plans to release official photos of the baptism later.Archie was born May 6 and is seventh in line to the British throne.The Associated Presslast_img read more