Eddie Stobart: Andrew Tinkler says Stobart Group supportive of his proposal to rescue struggling haulier

first_imgRead more: Judge finds former Stobart Group boss Andrew Tinkler breached duties as a director Stobart Group declined to comment. On Friday, Eddie Stobart recommended an offer from Dbay to inject £55m into the business in exchange for a 51 per cent stake. whatsapp “Shareholders do take my offer seriously, and even Stobart Group has supported me on this transaction. They see what I am trying to do is preserve value for shareholders,” he said. Tinkler said: “I haven’t talked to any shareholders yet that feel this deal is in their best interests.” Sunday 17 November 2019 5:50 pm Tinkler was the former chief executive of Stobart Group, which sold trucking business Eddie Stobart to Douglas Bay Capital Fund (Dbay) in 2014, but still retains a shareholding in the haulier. On Friday, Wincaton said that without the release of the company’s accounts, “neither it, nor Eddie Stobart’s shareholders, can make an informed decision on the value of any possible transaction.” Eddie Stobart: Andrew Tinkler says Stobart Group supportive of his proposal to rescue struggling haulier Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamaUndoDefinitionThe Funniest Yard Signs EVER WrittenDefinitionUndoMaternity WeekAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongMaternity WeekUndo The company’s shares were suspended in August after an accounting scandal. It has still not published its interim results. Tinkler stepped down as boss of Stobart in 2017- and then fought a bitter battle to eject its board and regather the reins of the company. whatsapp Tinkler said that he was able to work with the company’s leadership, despite the past animosity. The deal would need to be approved by shareholders at a meeting on 2 December. Dbay’s cash injection would carry an 18 per cent rate of interest if the deal went through. “We put that stuff behind us,” he said. “What happened, happened. The new chairman [David Shearer] respects what I am trying to achieve and supports my solution.”  Former Stobart Group chief executive Andrew Tinkler said the Stobart Group is supportive of his proposal to save struggling haulier Eddie Stobart, despite the bad blood between the pair. On Friday, Eddie Stobart said it is likely to run out of cash by the end of December and could go bust if it does not receive support from its lenders or it is able to find further funding. Tinkler told City A.M. that he was putting together a £50m package to save the business and said existing shareholders could raise up to £25m on top of that. Rival, Wincanton, has also expressed an interest in a takeover of the company, but said it is unable to proceed without a better understanding of the haulier’s accounts. Share The campaign ultimately ended in defeat and was followed by a bruising High Court showdown. James Booth Read more: Eddie Stobart agrees £55m rescue deal as losses mount up Sources close to Dbay said: “Dbay are the second largest shareholder – if Tinkler has a proposal he should make it. Eddie Stobart has been seeking funding and Dbay has been proactive and worked hard to make a proposal – so far it is the only one.  At this his point in time all that matters to Dbay is saving the company to ensure seamless service over the Christmas period for customers and preserve jobs.” Eddie Stobart declined to comment. last_img read more

Brexit: Govt confirms there will be checks on some goods crossing Irish sea

first_img Brexit: Government confirms there will be checks on some goods between Great Britain and Northern Ireland It comes after Boris Johnson said on the General Election campaign trail that there would be no checks on goods crossing the Irish sea. Checks will need to be done on agri-food and live animal arrivals from Great Britain at Belfast port, Belfast international airport, Belfast City airport and Warrenpoint Port. (Getty Images) “Today there has been an admission, for the first time, that there will be additional checks, that there will be tariffs on goods at risk of entering the single market,” she said. Checks will need to be done on agri-food and live animal arrivals from Great Britain at Belfast port, Belfast international airport, Belfast City airport and Warrenpoint Port. (Getty Images) Also Read: Brexit: Government confirms there will be checks on some goods between Great Britain and Northern Ireland Shadow Cabinet Office minister Rachel Reeves said the statement “exposed the broken promises made by the Prime Minister”. Checks will need to be done on agri-food and live animal arrivals from Great Britain at Belfast port, Belfast international airport, Belfast City airport and Warrenpoint Port. “But these systems will be electronic and administered by UK authorities.” “There will … be no export declaration, exit declaration, or customs and regulatory clearance for any goods as they leave the rest of the UK for Northern Ireland,” Gove said. He added: “In order to ensure UK trade qualifies for tariff free status, there will need to be declarations on goods as they move from Great Britain to Northern Ireland. Checks will need to be done on agri-food and live animal arrivals from Great Britain at Belfast port, Belfast international airport, Belfast City airport and Warrenpoint Port. (Getty Images) Also Read: Brexit: Government confirms there will be checks on some goods between Great Britain and Northern Ireland whatsapp center_img Stefan Boscia The government outlined the plan in a 23-page document today. Show Comments ▼ The government has confirmed there will be checks on some products travelling between Northern Ireland and Great Britain from next January as a part of the EU withdrawal agreement. Wednesday 20 May 2020 4:16 pm Cabinet Office minister Michael Gove told the House of Commons today that trade between Northern Ireland and the rest of the UK would remain “unfettered”. It included details such as that there would be no custom fees payable on goods remaining in the region and no security certificates required for goods going in either direction. whatsapp He said that trade across the Irish sea would “take place as it does now”, tariffs would not be levied on goods going between Northern Ireland and Great Britain and that there will be “some limited additional process on goods arriving in Northern Ireland”. Share A government official said there would need to be “expanded infrastructure” in some cases, but there would not need to be any infrastructure built.last_img read more

Slide Show: Get a Taste of Brokechella’s Indie Cool Vibe

first_imgMusicSlide Show: Get a Taste of Brokechella’s Indie Cool VibePhotographer Lowell Taylor documents the underground CoachellaBy Lowell Taylor – April 22, 2015559ShareEmailFacebookTwitterPinterestReddItShowcasing names like Moon Honey, Battle Tapes, Jr., Death Lens, and Yung Bae, Brokechella, which unfurled in downtown L.A. over the weekend, is the underground alternative to the goliath of SoCal music fests (Coachella, obviously). Organized by arts collective cARTEL, Brokechella has been in business since 2011 and has grown significantly since then. Still, the ticket prices are affordable, the schedule is cutting edge, and the vibe is super hip.Check out the faces of Brokechella 2015:Festival attendees line up in downtown L.A. at the entrance of the Brokechella music and arts festivalGuitarist Andrew Ramsey delivers an invigorating performance during Moon Honey’s setSinger Anabot delivered on classic festival style in glimmering gold bootsSilver-skinned singer Anabot mesmerizes the crowd with her powerful voice on Brokechella’s indoor stageGunner Sixx of Figs Vision (and son of Mötely Crüe bassist, Nikki Sixx) loses himself in the music while performing onstageJordan Spoliansky of Figs VisionArtist Frank Rozasy created an “Art Walk” where attendees actually walked on art as part of his neo-Dadaism styleFrank Rozasy’s “Art Walk”Jordan Spoliansky and Zachary Darling of Figs Vision packing up after their performanceBrokechella attendees playing with shadows on a giant outdoor projection wallEvery music festival has it’s share of fairies and nymphsVisual artist Felicia Khong paints a hip-hop and jazz inspired piece liveBrokechella attendees admire and photograph art by visual artist Felicia KhongDutch Party lead singer Ken Franklin gives the crowd everything he has on the Brokechella outdoor stageRapper Dee Roq gets the audience moving with his beat-laden lyrical acrobaticsViolinist Nikita Sorokin of Venice-based Insects vs RobotsSinger & guitarist Milo Gonzalez of the band Insects vs. RobotsA Brokechella attendee leans against a wall between bandsOne of the fest’s many interactive light art installationsRapper Gavlyn getting the crowd hyped on the Brokechella Brownies & Lemonade stageJessica Ramsey of Moon Honey kneels on stage to give a haunting and enchanting performance TAGSYung BaeBrokechella 2015Death LensDee RoqDutch PartyGavlynInsects vs. RobotsJr.Battle TapesMoon HoneyPrevious articleWomen Presidents’ OrganizationNext articleThe Breakfast Conversation: The Importance of Mentoring Young Women in L.A.Lowell Taylorlast_img read more

News / CMA CGM gains market share, but a weak Q1 sees red ink on the balance sheet

first_img By Gavin van Marle 23/05/2016 © Vladimir Serebryanskiy Despite winning market share in an otherwise flat market, French carrier CMA CGM suffered a $100m net loss in the first quarter of 2016.This is a further marker that the quarter has been one of the worst for shipping lines.The world’s third-largest shipping line carried 3.2m teu in the period, a 2.9% increase on the 3.1m teu carried last year, and beats the 1.2% growth maritime analyst Drewry recorded for the market as a whole.CMA CGM saw rising volumes on its transatlantic and transpacific services to and from the US, “which offset the decrease in volumes carried between Asia and Europe, where the group had scaled back its capacity in response to weaker demand”.In addition, its 1 July 2015 acquisition of north-south Europe shortsea specialist OPDR “also contributed to the increase in volume”.However, average freight rate per teu fell 17.6%, year-on-year – although the first quarter of 2015 was one of the strongest over the past few years.Overall Q1 revenue was $3.4bn, a 15.3% decline on the prior year, when it turned over $4bn – as a measure of how freight rates declined so steeply: on 100,000 teu more than in the first quarter 2015 it earned $600m less.However, pre-tax earnings came in at $3m, compared with $406m last year, while return on invested capital (ROIC) declined by 9.3 percentage points from 13.4% to 4.1%.Rodolphe Saadé, vice chairman of CMA CGM, said: “In a very difficult environment, we have, in the first quarter, recorded an increase in volumes above the market average while maintaining a positive core EBIT margin.“We will continue our strict financial discipline, including the implementation of a significant cost reduction plan.“In addition, we are moving forward on our strategic projects, namely the proposed acquisition of NOL and the creation of a new operational alliance, Ocean, with a launching anticipated in April 2017.”He said there had been “a slight improvement in freight rates since 1 May” on the Asia-Europe and Asia-Mediterranean lines, but added that the environment remained “fragile”.CMA CGM’s chief response to the deteriorating market is a $1bn cost reduction plan over the next year and a half, concurrent to its takeover of NOL and the creation of the Ocean Alliance.last_img read more

News / Kuehne + Nagel investors disappointed with 2017 results, despite profit increase

first_imgBy Alexander Whiteman 28/02/2018 During a conference call, chief financial officer Markus Blanka-Graff described the first quarter as “very bad”, with the second quarter “playing catch up”.“So, as a comparison with 2016, it is important to look at the performance achieved in the second half,” said Mr Blanka-Graff. “It is also important to note that during the last 12 months we have acquired four new companies, and by the end of the year, these will be integrated.”Full-year revenues of Sfr22.2bn exceeded the expected Sfr22bn, but a 12% upturn in sales was beaten by a 16% growth in third-party costs.The Loadstar’s financial analyst, Alessandro Pasetti, said this matched the story for the wider freight forwarding industry.“2017’s start was enormously difficult, in an enormously difficult market, and we started on the left foot,” said Mr Blanka-Graff. “Despite this, we ended the year Sfr20m up on the previous year – whether this is big or not, I leave to you.”The naysaying of investors aside, chief executive Detlef Tretzger seemed pleased with the overall performance. In particular, he pointed to the “consistent implementation” of its business strategies, alongside “strong” volume growth and “clear” profit increases.“The effects of difficult market conditions in one business unit were more than compensated by increased profitability in the other divisions,” said Mr Tretzger.“Highlights from the year include integration of our acquisitions and strengthening our leading position in perishables as well as pharma and healthcare logistics.”K+N also maintained its consistency in outpacing market volume growth, and Mr Blanka-Graff said it was targeting double-the-market growth in 2018.Sea freight volumes were up 7.5%, in contrast with market growth of 4-5%, leading to an almost Sfr1bn upturn in revenues. However, this could not be turned into profits, which were down Sfr31m on last year, to Sfr445m.Conversely, air freight continued to build on momentum generated earlier in the year, with volumes up 20.4%, significantly more than the market average. This generated a 20.9% upturn in revenue (Sfr4.8bn) leading to profit growth of 5% (Sfr313m) for the 12-month period.“Growth in air freight has for sure been driven by the surges in e-commerce activity, and this will continue,” said Mr Tretzger. “We are also seeing a strong volume growth in our air freight division’s delivery of more complex solutions.”Big growth percentages came in the overland business, albeit from a low starting point, with revenues up 7.2% and profit soaring 75% to Sfr49m.On the contract logistics side, revenues rose 7.3% to Sfr5.3bn, leading to profit growth of 9.5% to Sfr161m. Despite increased profits for the 12 months to December, Kuehne + Nagel’s 2017 numbers failed to meet predictions.Full-year profits for the forwarder were up 2.1% year on year, to Sfr937m ($994m), but a Thomson Reuters consensus suggested investors were targeting Sfr947m.A first quarter in which profits declined and flat results for the six months to June were followed by just 1.3% growth for the nine months to September.While the final quarter was up – Sfr200m against a quarterly average Sfr180m – they did not meet the “sharp” Sfr220m increase Royal Bank of Canada called for.last_img read more

FDA issues alert on ‘limitations’ of pulse oximeters, without explicit mention of racial bias

first_imgIt does not explicitly mention racial disparities in the accuracy of the devices, likely disappointing clinicians and patients who have sought to draw attention to the issue. “It’s noticeable that the word ‘race’ or ‘racial’ is not mentioned in the FDA communication,” said Thomas Valley, a pulmonary critical care physician and an author of the NEJM letter. “At the same time, what we found was a difference between Black and white patients. We don’t know exactly why that difference existed, we presume it to be skin tone.”advertisement @SciFleur Nicholas St. Fleur A pulse oximeter is used to check a patient’s oxygen saturation levels. Jenny Kane/AP HealthFDA issues alert on ‘limitations’ of pulse oximeters, without explicit mention of racial bias ‘These numbers are incredibly important’: Doctors and lawmakers call on FDA to address racial disparities in pulse oximeters Related: About the Authors Reprints Health Tech Correspondent, San Francisco Erin is a California-based health tech reporter and the co-author of the STAT Health Tech newsletter. Two months after Democratic lawmakers expressed concern about potential racial disparities in pulse oximeter readings — calling the issue a matter of “life or death” — the Food and Drug Administration on Friday issued a public warning about the devices, acknowledging they had “limitations.”The alert comes decades after researchers first identified potential inaccuracies with the devices when used on people of color and months after a series of new studies produced fresh data underlining the problem. Most recently, researchers at the University of Michigan published a December 2020 letter in the New England Journal of Medicine that found oximeters were nearly three times as likely to miss hypoxemia in Black patients compared with white patients.“Be aware that multiple factors can affect the accuracy of a pulse oximeter reading, such as poor circulation, skin pigmentation, skin thickness, skin temperature, current tobacco use, and use of fingernail polish,” the FDA’s alert reads.advertisementcenter_img linkedin.com/in/erinbrodwin/ [email protected] Pulse oximeters, which measure oxygen levels, have emerged as a particularly useful clinical tool amid the Covid-19 pandemic because of the way the virus interferes with the body’s natural ability to process oxygen. In hospitals, the devices play a critical role in making decisions about patient care. And late last spring, after several practitioners suggested the devices could be helpful to have on hand at home (similar to the way one might want to keep a thermometer in the drug cabinet, for example), at-home versions of the devices began flying off drugstore shelves and rapidly selling out on Amazon and other online sites.But the December paper — and its reference to a series of earlier studies documenting the same problem, including one published in 2005 — raised alarms among researchers and clinicians, who said they were frustrated to learn the issue had not been addressed in a substantive way after 15 years.“To not be confident in the accuracy of that number, and to depend on a device that may have bias toward a certain population is really troubling,” Utibe Essien, a physician and an assistant professor of medicine at the University of Pittsburgh School of Medicine, told STAT earlier this month.In response to these concerns, William Maisel, director of the Office of Product Evaluation and Quality at the FDA’s Center for Devices and Radiological Health, told STAT the agency was reviewing the available data and would consider further studies if necessary. He said the FDA is broadly confident that hospital-based oximeters are highly accurate, but added the same might not be true for devices sold online and in drugstores, which the agency doesn’t review or approve.Michael Sjoding, a pulmonary physician at Michigan Medicine and an author on the NEJM letter, said he was happy the FDA stressed the importance of not over-relying on pulse oximeters to make medical decisions in its statement. He added, though, that he thought the absence of an explicit mention of race was a “missed opportunity.” “Given the limitations of our paper … I suspect the FDA wants to be fairly guarded in their messaging about racial disparities in pulse oximeter accuracy and focus more on the problem of pulse oximeter inaccuracy more generally,” he said. By Erin Brodwin and Nicholas St. Fleur Feb. 19, 2021 Reprints @erbrod General Assignment Reporter, Associate Editorial Director of Events Nicholas covers the intersection of race, medicine, and the life sciences. Tags Health Disparitieshospitals Erin Brodwin [email protected] last_img read more

FSW softball faces off against Olympic Canadian team

first_imgWatching and maybe more importantly learning from the future olympians.“I know I learned a lot from watching people older than me and better than me that I watched in college so I think if they are wanting to learn and grow I think it’s a great opportunity for them to,” Team Canada OF Victoria Hayward said.For the Bucs who are on an 11-game winning streak these scrimmages were more about the experience than winning.“They are a contender to win the Olympics so when you are playing world class players in your sport it is just such an honor to step on the field and actually see them live and play against them live,” Coach Iamurri said.A game that can only push these two closer to their championship aspirations.“Hopefully for them it is positive, I know for us it is and hopefully it benefits their preparation as they go forward as well,” Coach Smith said.The Bucs are back in action at home on Tuesday while team Canada will head up to Gainesville to take on the Florida gators as they continue to prepare for the Tokyo Olympics. Advertisement“To play a scrimmage against Team Canada that is just so much fun. It is so much more fun than practice to be honest,” FSW Freshman OF/C Charlotte Drijvers said.As the number two junior college team in the country the Bucs couldn’t say yes to a matchup any faster.“You know it’s a privilege to watch these players,” FSW Softball Head Coach Robert Iamurri said. FSW Softball leads the way with school’s first national championship June 2, 2021 AdvertisementTags: Olympicsoftball The number three ranked Canadian softball team is one of the best teams in the world and is preparing for the Olympics. Now they have taken on the Florida Southwestern Bucs these past two weekends.With the Olympics right around the corner, the Canadian softball team had a problem. They had not taken the field against someone other than themselves since September 2019.“We have scrimmaged a ton but at the end of the day that does not re-create the same environment as it does playing another team,” Team Canada Softball Head Coach Mark Smith said.Since our neighbors to the North would be calling the City of Palms home for their Olympic Training camp they didn’t need to look far for a first opponent. FSW softball moves on to quarterfinals May 27, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments FSW softball team removed from Southwest flight for not wearing masks June 3, 2021 RELATEDTOPICS AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Softball player “embarrassed and disrespected” after umpires ask her to cut braids off May 14, 2021 Advertisement Advertisementlast_img read more

When, where and what time: Your full guide to this year’s Laois Walks Festival

first_img Here are all of Wednesday’s Laois GAA results Laois Walks Festival They expect to welcome over 2000 walkers over the course of the month at 27 locations around the county.And if you want to get to know Laois then there’s probably no better way of doing it than taking part in the Laois Walks Festival.Now in its 18th year, the Laois Walks Festival takes in almost every part of the county.From the Grand Canal in Fisherstown to Moonamondra Bog in Errill, from Fossey Mountain in Timahoe to Rickets Rocks in Clonaslee and practically every beauty spot in between, it takes in bog, road, canal, mountain and woodland.The walks range in length from 5km to 12km and are graded by difficulty.Grade A – like the Ridge of Capard in Rosenallis – is strenuous; Grade C – like Grantstown Lake in Ballacolla is – is deemed moderate.Now in its 17th year, walks take place every day (except Fridays) throughout the month with designated meeting points, starting times and are led by walk leaders.The Laois Walks Festival, which runs for the month of July, takes in beauty spots all around the countyThey adhere to the ‘Countryside Code’ of leaving no trace, walking in single file and respecting private property and the rural environment.No dogs are allowed. The cost per walk is €3 or you can buy a festival ticket for €30 which covers every walk over the course of the month.“Walking is the easiest way to get moving, get active and get happy,” says the brochure promoting the event, “and Get Ireland Walking is here to help you get started: we’ve got tips and advice for anybody who wants to start walking to feel better, and we have all the information you need to start a walking group – so you can get fit with friends.”For further information contact Susan Lawlor, who is the festival co-ordinator, on 087 2574477 or Peter Maher, who is the Rural Recreation Officer in Laois County Council, on 057 8661900 or by emailing [email protected] or visiting the Walks Festival section of the Laois Partnership website.The organisers would like to thank the members of the Laois Walks Committee, Community Groups, the Local Development Associations, Coillte, National Parks and Wildlife Service and the landowners.Walkers are advised to register 30 minutes prior to the start of each walk and to wear comfortable walking boots/shoes.They are also encouraged to bring raingear, sufficient food and water for the duration of the walk.Grade A – Strenuous; Grade B – Difficult; Grade C – ModerateCapponellan Woods is the location for the Laois Walks Festival on Sunday, July 21The full schedule of walks is:MONDAY, JULY 17.30pm – Abbeyleix, Killamuck Bog Family Walk; 8km; Grade B; 2 hoursTUESDAY, JULY 27.30pm – Dunmore Wood, Durrow; Dunmore Wood Carpark; 8km; Grade B; 2 hoursWEDNESDAY, JULY 37.30pm – Fossey Mountain, Timahoe; Meet at the Goose Green, Timahoe; 12km; Grade A; 3.5 hoursTHURSDAY, JULY 47.30pm – Emo Court Demesne; Meet at Community Centre in GAA car park; 8km; Grade B; 2 hoursSATURDAY, JULY 62.30pm – Rock of Dunamaise/Dysart Wood, Portlaoise; 10km; Grade B; 3 hoursSUNDAY, JULY 72.30pm – The Ballagh, Durrow; Meet at St Fintan’s Church Carpark; 10km; Grade B; 2.5 hoursMONDAY, JULY 87.30pm – Ricketts Rocks, Clonaslee; Meet at The Heritage Centre, Clonasee; 12km; Grade B; 3 hoursTUESDAY, JULY 97.30pm – Ballacolla Family Walk; Meet at Hayes Shop, Ballacolla; 8km; Grade C; 2.5 hoursWEDNESDAY, JULY 107.30pm – Rossmore, Killeshin; 10km; Grade B; 2.5 hoursTHURSDAY, JULY 117.30pm – Cullahill; 10km; Grade A; 2.5 hoursSATURDAY, JULY 132.30pm – Ridge of Capard, Rosenallis; 12km; 3.5 hoursSUNDAY, JULY 142.30pm – Portarlington Bog Walk; Meet at the Hawthorn Inn; 12km; Grade A; 3 hoursMONDAY, JULY 157.30pm – Wolfhill; Meet at church carpark; 10km; Grade B; 2 hoursTUESDAY, JULY 167.30pm – Grantstown Lake Ballacolla; 10km; Grade C; 2 hoursWEDNESDAY, JULY 177.30pm – Spink; Meet at Knock School; 10km; Grade A; 2.5 hoursTHURSDAY, JULY 182.30pm – Gattabawn; Meet at Mackey’s Pub, Gattabawn; 10km; Grade A; 3 hoursSATURDAY, JULY 202.30pm – Mountrath, Monicknew Mountain Walk; 10km; Grade A; 3-4 hoursSUNDAY, JULY 212.30pm – Capponellan Woods, Durrow; 12km; Grade B; 2.5 hoursMONDAY, JULY 227.30pm – Luggacurren; Meet at Community Centre; 10km; Grade B; 2.5 hoursTUESDAY, JULY 237.30pm – Grand Canal, Vicarstown; 12km; Grade A; 2.5 hoursWEDNESDAY, JULY 247.30pm – Ballinakill; Heywood Family Walk; 8km; Grade C; 1.5 hoursTHURSDAY, JULY 257.30pm – Ballykilcavan, Stradbally; Grade B; 8km; 2.5 hoursSATURDAY, JULY 27Errill Bog Walk; 9km; Grade B; 2.5 hoursSUNDAY, JULY 282.30pm – Oakvale Woods, Stradbally; 10km; Grade A; 2.5 hoursMONDAY, JULY 297.30pm – The Derries, Ballybrittas; 9km; Grade B; 2 hoursTUESDAY, JULY 307.30pm – Mountmellick Family Walk; 7km; Grade C; 1.5 hoursWEDNESDAY, JULY 317.30pm – Durrow Leafy Loop Walk; Grade A; 12km; 3 hoursSEE ALSO – Laois Walks Festival is officially launched Facebook Facebook Home Sponsored When, where and what time: Your full guide to this year’s Laois… Sponsored Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Previous articleGood Week, Bad Week: Basketball scholarships, representing Ireland and environmental damageNext articleThe Heath crowned U14 All-Ireland champions in emphatic fashion LaoisToday Reporter Twitter Twitter When, where and what time: Your full guide to this year’s Laois Walks Festival By LaoisToday Reporter – 29th June 2019 WhatsApp TAGSLaois Walks Festival RELATED ARTICLESMORE FROM AUTHOR GAA GAA Pinterest Pinterest GAA WhatsApplast_img read more

National Bank expands Private Banking 1859 to Western Canada

first_img Keywords Private bankingCompanies National Bank of Canada RBC completes sale of Swiss private banking business Montreal-based National Bank of Canada’s private banking arm has entered into Western Canada with the opening of Private Banking 1859’s first branch in Calgary on Wednesday. This marks the first step of the firm’s private banking expansion into Western Canada, notably British Columbia and Alberta, over the next few years, according to a National Bank statement released on Thursday. Share this article and your comments with peers on social media Facebook LinkedIn Twitter National Bank opens Vancouver private banking office Tessie Sanci RBC wins best private banking services overall in Canada “Private Banking 1859 is taking private management into a new era, with unequalled delivery of innovative, effective services and solutions that respect the needs expressed, executed in exemplary fashion by a team dedicated solely to our clients’ success,” says Meghan Meger, president of Private Banking 1859 for Western Canada, in the statement. “Clients will enjoy exceptional accessibility and response time, and even more comprehensive, intuitive and customized solutions,” she adds. The firm also announced that its private banking arm has undergone some re-branding, which includes a name change to Private Banking 1859 from Private Wealth 1859. The new name, which has been tweaked slightly, is meant to emphasize the diversity of services offered to clients looking for personalized wealth management but retains its numerical element, “1859,” which honours the year that National Bank was founded. Related newslast_img read more

April jobs report surprises with biggest one-month gain since 1976

first_imgMaintaining Profits economic growth chart businessmen illustration retrorocket/123RF U.S. employers added a modest 559k jobs in May Economy lost 68,000 jobs in May Facebook LinkedIn Twitter Related news U.S. jobless claims drop to new pandemic low The rush of new jobs far surpassed market forecasts and helped drop the unemployment rate to 5.7%, down from 5.8% in March.The labour market has seen strong numbers since mid-2016 and has remained a bright spot for an economy that has struggled in other areas. Economic growth, for instance, almost stalled over the winter.“Wow. This was by and large a solid report. Nearly every indicator of quality came in strong this month,” TD senior economist Brian DePratto wrote in a research note.“Chalk this one up as a solid message that employers still have faith in the Canadian economy.”Overall, compared with March, employment in April was up 0.6%, which was the highest proportional monthly expansion since 1994 when it reached 0.7%.A closer look at April reveals the overall gain was driven by the creation of 73,000 full-time jobs and 83,800 positions in the private sector.The gains were spread across many industries, with both the services and factory sectors seeing gains. Employment rose by 32,400 in wholesale and retail trade positions, while the construction sector added 29,200 jobs.A rush of 66,400 part-time positions for workers aged 15 to 24 years old helped lower the youth unemployment rate last month to 10.3%, down from 10.7%, the survey said.By region, Ontario, Quebec, Alberta and Prince Edward Island all saw net job gains last month.Year-over-year average hourly wage growth for all employees in April was 2.5%, up from a reading of 2.4% in March. Wage growth is a key indicator monitored by the Bank of Canada ahead of its interest-rate decisions.Robert Kavcic, senior economist at BMO Capital Markets, said that overall the strong numbers suggest the economy has been rebuilding momentum in the second quarter following a sharp winter slowdown.The Bank of Canada has blamed the deceleration on temporary factors and is predicting the economy to pick up its pace as 2019 progresses.While the monthly jobs figures are often volatile, over the longer-term Canada has been on a solid employment run.Compared with a year earlier, the economy added 426,400 jobs for a proportional increase of 2.3%. The labour market has created an average of 36,000 jobs per month over the past year.The numbers have remained strong even though more and more people have been looking for work in Canada. The ranks of workers have grown in recent years thanks in large part to a big immigration boost.“The good news here is that despite the fact we’ve seen such a huge increase in labour-force growth the jobless rate has come down,” Kavcic said.“The labour market in Canada is doing pretty well at absorbing that influx of labour right now.”The April increase put Canada back on the job-creation path following a one-month interruption in March.Overall employment dropped by 7,200 net jobs in March, the first monthly decrease after six consecutive months of rising employment between September and February.Economists had expected a gain of 10,000 jobs for the month and the unemployment rate to remain at 5.8%, according to Thomson Reuters Eikon. Andy Blatchford Canada’s labour market delivered a surprise Friday with its biggest one-month employment gain since the government started collecting comparable data in 1976.The country added 106,500 net jobs in April, the bulk of which were full time, Statistics Canada said in its latest labour force survey. Keywords Employment Share this article and your comments with peers on social medialast_img read more