Business confidence declines in London but firms look to hire

first_imgCompanies were marginally less confident about their business prospects and also reported less optimism about the state of the economy, according to the survey. Business confidence declines in London but firms look to hire “Across the region, a net balance of 23 per cent of businesses said they felt that the UK’s exit from the European Union was having a negative impact on their expectations for business activity, up five points on a month ago.” Hann-Ju Ho, senior economist at Lloyds Bank Commercial Banking, said national confidence levels were continuing to beat a dip seen in February “despite business confidence remaining below the long-term average and overall business confidence remaining unchanged this month”. LONDON, ENGLAND – JUNE 19: Hot air balloons over the London Skyline on June 19, 2016 in London, England. 46 balloons take to the air today as part of the annual Lord Mayor’s Hot Air Balloon Regatta, a charity event in aid of the Lord Mayor’s Fund. (Photo by Jack Taylor/Getty Images) Business confidence for firms in London fell in June, according to the latest business barometer from Lloyds Bank, but job creation plans nonetheless saw a significant uplift. Read more: Confidence among UK business leaders falls after months of gains More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the‘Neighbor from hell’ faces new charges after scaring off home Friday 2 August 2019 12:45 am Harry Robertson whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeUnderstand Solar$0 Down Solar in Scottsdale. How Much Can You Save? Try Our Free Solar Calculator Now.Understand SolarPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthGraber BlindsWindow Treatments So Sophisticated, It’s Hard to Believe They’re so AffordableGraber Blindsbonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search AdsWolf & ShepherdNFL Star Rob Gronkowski Loves These ShoesWolf & ShepherdPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm Oracle Read more: Brexit warnings reach fever pitch as BMW and Ford sound the alarm Higher levels of pessimism brought the business confidence barometer to a score of 15, down from 18 in June. Share “Employment expectations still remain largely unchanged from last month, with only one-third of firms planning to increase their staff levels, compared with more than 40 per cent of firms last year, suggesting cautious business behaviour in the current economic environment.” whatsapp Yet businesses’ hiring intentions rose to a score of 25, meaning significantly more businesses in the capital expect to hire more staff in the coming year than expect not to. The figure is up from 17 seen in June. Paul Evans, regional director for London at Lloyds Bank Commercial Banking, said: “Although the capital’s businesses have seen another slight dip in confidence, the number looking to hire in the next year has grown sharply.”last_img read more

Eat Out to Help Out scheme serves up 35m meals in first two weeks

first_img Eat Out to Help Out scheme serves up 35m meals in first two weeks Michael Searles The business owners must then claim the money back from the government. More than 35m meals have already been claimed on the Eat Out to Help Out scheme, according to the Treasury. More than 35m meals claimed via Eat Out to Help Out scheme (AFP via Getty Images) The Eat Out to Help Out scheme runs until the end of the month. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikealldelishHere is what happens to your body when you start eating 2 eggs every dayalldelishUndoHealth.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasgetUndoStar Law NewsTry Not To Gasp When You See Kirsten Vangsness’ HusbandStar Law NewsUndobonvoyaged.com40 Dated Things That Show Your Agebonvoyaged.comUndoThePennyHoarder.comBroke? Here’s How to Create a $1,000 Emergency FundThePennyHoarder.comUndoArticlesmansionPrincess Diana’s Butler Opened Up About Harry’s Marriage To MeghanArticlesmansionUndoInformed UseWhat Happens if You Do These 5 Exercises Every DayInformed UseUndoBuzz TomatoPhotos Show The Difference Between Meghan & KateBuzz TomatoUndoBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach RaiderUndo More than 35m meals claimed via Eat Out to Help Out scheme (AFP via Getty Images) Also Read: Eat Out to Help Out scheme serves up 35m meals in first two weeks So far more than £180m has been claimed back by businesses. whatsapp Show Comments ▼ There are more than 85,000 locations participating in the scheme, which officials have estimated will cost the taxpayer more than £500m. However, the overall boost stood at around 31 per cent, outweighing the disadvantages. center_img Chancellor Rishi Sunak said the Eat Out to Help Out scheme had seen the “equivalent of over half of the UK taking part” in the first two weeks. Tuesday 18 August 2020 2:11 pm Restaurants, pubs and cafes have so far submitted more than 35m claims to the government for meals that have been discounted under the programme. “To build back better we must protect as many jobs as possible, that is why I am urging all registered businesses to make the most of this by claiming back today – it’s free, simple and pays out within five working days.” Around 80 per cent of companies based in the hospitality sector were closed in April, with more than 1.4m staff furloughed. The Treasury said it was the hardest-hit sector until it was allowed to reopen on July 4. The scheme gives diners 50 per cent off up to £10 a head on meals bought at participating outlets on every Monday, Tuesday and Wednesday throughout August. Research published last week by data consultancy firm CGA concluded that while the scheme had encouraged diners to eat out on the three participating days, it had caused a lull on days it was not available. More than 35m meals claimed via Eat Out to Help Out scheme (AFP via Getty Images) Also Read: Eat Out to Help Out scheme serves up 35m meals in first two weeks The Treasury said it is likely there are already many more than 35m meals that will be claimed on, but some sites will have not yet filed them all. whatsapp The initiative was implemented by the Treasury in a bid to reinvigorate the economy, and the hospitality sector in particular, after it was ravaged by the lockdown. Sharelast_img read more

Brexit: UK ‘will not back down’ on fisheries policy

first_imgFisheries whatsapp The Association of Freight Software Suppliers (AFSS) said its digital paperwork software is unlikely to be ready in time for Britain’s official exit from the EU on 1 January.  But French President Emmanuel Macron has vowed to scupper any Brexit deal that “sacrifices” French fishermen’s access to their usual haul. Michael Gove has said the UK will not bow to EU demands over Britain’s fishing waters Also Read: Brexit: UK ‘will not back down’ on fisheries policy Wednesday 28 October 2020 2:43 pm It comes as Gove is set to meet with major UK retailers today to discuss British businesses’ access to vital customs software post-Brexit. Fisheries remain the major stumbling block in trade negotiations between Britain and the bloc, as the EU seeks to up its access to British fishing waters at the end of the Brexit transition period.  Britain will no longer be subject to the Common Fisheries Policy when the UK formally leaves the EU on 1 January Boats from Brittany, Normandy and the Calais area catch more than half of their fish in British waters, and Macron has warned that a Brexit trade deal that compromises current access would decimate France’s fishing industry. The UK will no longer be part of the Common Fisheries Policy once Britain formally leaves the single market on 1 January, meaning it will in theory have autonomy over its own fishing waters. 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German Chancellor Angela Merkel has been touted as the key figure in breaking the current Brexit impasse, with government sources telling the Telegraph she had been tapped by ministers to help “unlock Macron on fisheries”. Responding to concerns set out by Jeremy Miles, the Welsh minister for European transition, Gove said: “I am afraid we strongly disagree with your premise that we should ‘back down’ on fisheries.” Show Comments ▼ However, the French President has faced mounting pressure from other EU leaders to soften his “egregious” stance on fisheries, which make up just 0.06 per cent of the French economy. The UK will not back down on its demands to the EU over fisheries in Brexit trade talks, Michael Gove has said, as the two sides hold crunch talks today in the hopes of hammering out a last-minute trade deal. Brexit: UK ‘will not back down’ on fisheries policy Poppy Wood Michael Gove has said the UK will not bow to EU demands over Britain’s fishing waters Also Read: Brexit: UK ‘will not back down’ on fisheries policy Michael Gove has said the UK will not bow to EU demands over Britain’s fishing waters The select committee said: “The government has left it very late to develop all the IT needed in time, with testing and changes still being made now, years after the government had chosen to leave the EU customs union”. Prime Minister Boris Johnson on Monday warned that “time is very short” to overcome key stumbling blocks in Brexit negotiations, adding that “there is much work to be done if we’re going to bridge what are the significant gaps that remain between our positions in the most difficult areas.” Talks between the pair were due to wrap on Sunday, but Number 10 has now extended discussions until tomorrow in the hopes of seeking compromises over the main sticking points. The cross-party group of MPs warned that delays to setting up computer systems that allow businesses to handle new post-Brexit customs requirements will significantly hamper UK companies. Both sides returned to the negotiating table last Thursday after a week-long standoff over the passed deadline, with Barnier telling reporters “every day counts”. “The UK government’s view is that in all circumstances, the UK must be an independent coastal state, no longer be bound by the Common Fisheries Policy,” the Cabinet Office minister added. Share Crunch talks Johnson originally set 15 October as an “informal” deadline for reaching the “outline of a deal” with the EU, warning that he would walk away from discussions if an agreement had not been met by that date. whatsapp Tags: Brexit Michael Govelast_img read more

UK hits ‘significant milestone’ as 25m people receive their first Covid jab

first_imgThe EU this afternoon unveiled plans to introduce vaccine passports later this year in a bid to resume international travel. “Thank you once again to the brilliant NHS, scientists, armed forces, volunteers, and all those who’ve helped our rollout.” European Commission president Ursula Von der Leyen announced the bloc was facing “the crisis of this century”, warning that the EU “will have to reflect on how to make exports to vaccine-producing countries, depending on their level of openness” if supplies did not improve. It means the UK now has the third highest vaccination rate per 100 people of any country in the world, behind Israel and the US. Show Comments ▼ Health secretary Matt Hancock said the achievement marked an “extraordinary feat, coming exactly 100 days after Margaret Keenan received the first authorised jab in the whole world.” whatsapp (Getty Images) Poppy Wood It comes as the EU this afternoon accelerated a bitter despite over dose shortages on the bloc by threatening to block vaccine exports to the UK and other countries with high vaccination rates. A recent surge in supply means all remaining over-50s are set to be offered a Covid-19 vaccine in the coming days, with as many as 5m jabs likely to be given out this week — more than twice the rate seen in March so far.  Data released yesterday showed around one in three people across the country are estimated to have coronavirus antibodies either from past infection or vaccination. “We’re ahead of schedule to offer a first dose to all in these groups by the 15 April and I urge everybody eligible to come forward,” Hancock added. Prime Minister Boris Johnson hailed the figure, saying: “This latest milestone is an incredible achievement — representing 25m reasons to be confident for the future as we cautiously reopen society. (Getty Images) Also Read: UK hits ‘significant milestone’ as 25m people receive their first Covid jab Wednesday 17 March 2021 4:17 pm The government’s official target is to offer a first dose of a coronavirus vaccine to all adults in the UK by 31 July at the latest, however health officials have hinted that Britain will likely be vaccinated sooner.center_img A total of 25,273,226 have been given either the Pfizer or the Astrazeneca vaccine, while a further 1,759,445 people have received their second dose, according to Public Health England. Brits who can prove they have received both doses of a Covid vaccine, can provide proof of antibodies or can show details of a negative test, will be able to travel to Europe from June under the scheme. Just 8.5 per cent of Europeans have received their first dose of a Covid vaccine, according to the European Centre for Disease Prevention and Control’s Covid-19 Vaccine Tracker, compared to around 37 per cent of people in Britain. More than 25m people in the UK have now received their first dose of a Covid-19 vaccine, official figures have shown, in a major boost for hopes of a return to normality on the horizon. (Getty Images) Also Read: UK hits ‘significant milestone’ as 25m people receive their first Covid jab whatsapp It marks a dramatic increase from about one in 10 at the start of December, suggesting the UK’s rapid vaccine rollout is beginning to take effect among the population. At the last count in early March, one in four people in England were thought to have Covid antibodies. Share “We will reflect on whether exports to countries who have higher vaccination rates than us are still proportionate,” she added. Kwasi Kwarteng told BBC Breakfast: “I think by the end of the week 50 per cent of the British adult population will have been vaccinated, and if people get the call I think they should take the jab.” UK hits ‘significant milestone’ as 25m people receive their first Covid jab The business secretary said this morning that half of all adults in Britain will have received their first Covid jab by the end of the week. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comColin Kaepernick to publish book on abolishing the Tags: Coronavirus Re-lockdown Vaccinelast_img read more

Wolrd Health Organization: Ebola outbreak cases pass 10,000, death toll nears 5,000

first_img whatsapp whatsapp Wolrd Health Organization: Ebola outbreak cases pass 10,000, death toll nears 5,000 Tags: Ebola There have been over 10,000 cases of the Ebola outbreak and nearly 5,000 deaths, the World Health Organization (WHO) has confirmed in its latest situation report update. The total death toll from the latest outbreak has risen to 4,922 while the number of recorded cases stands at 10,141. All but 27 of those cases have struck in Guinea, Sierra Leone and Liberia, the latter of which is the worst affected with 1,281 deaths from 3,896 cases. The latest WHO report marks a 3,878 rise in worldwide cases and a 1,789 rise in deaths on last month’s records. In total, the virus has been reported in eight countries. Outbreaks in Nigeria and Senegal have been declared officially over by the WHO. (Source: World Health Organization) On Thursday Mali recorded its first case of the disease, a two-year-old girl who died yesterday. She had travelled to the country with her grandmother from Guinea. The WHO report also made reference to the first confirmed case of Ebola in New York, taking the United States’ total number of cases to four. Doctor Craig Spencer, who tested positive for the disease after returning from Guinea, had used the New York subway and taxi app Uber before being diagnosed. In more positive news, Spain looks to be on the path to being declared free of the disease after its single case tested negative for a second time. Click here to explore a map explaining where the current Ebola outbreak has spread to so far. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorElvenarIf You Like to Play, this Fantasy Game is a Must-Have. No Install.ElvenarPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun Share Saturday 25 October 2014 8:58 am Joe Hall Show Comments ▼last_img read more

I worked hard to protect myself from Covid-19 and the flu. Yet I got both — at the same time

first_img I have all the symptoms of a Covid-19 long-hauler — but I’m hesitant to identify myself as one The next day I got a call that I had also tested positive for Covid-19. I should have expected that news, because the night before I had lit a pumpkin-scented candle but didn’t realize until later that I hadn’t smelled its fragrance.I was extremely scared. But I was also angry. I was angry at my school for not following state recommendations to keep students home and use remote learning, at my doctor for downplaying the increasing threat of the virus, at my family members and friends who brushed off my concerns, and even angry at myself for creating a false sense of security that using an N95 mask, an air purifier, and a plexiglass shield in my classroom would keep me safe.I was angry, and still am, that the response to a worldwide pandemic has become so deeply politicized in the U.S. and that even though I took every precaution, it still wasn’t enough. I began taking nebulizer treatments four times a day to keep my lungs clear and began taking zinc and vitamin D. Trending Now: My painful excursion into the world of dueling infections started on a Tuesday afternoon with a scratchy throat and a mild-yet-annoying cough. I chalked it up to fall in Kentucky, where sunny afternoons in the mid 70s can be followed by freezing temperatures at night. I’m no stranger to respiratory infections, having lived for years with the triple threat of allergies, asthma, and low immunity.On Wednesday morning, I was having coughing fits that made me dizzy. I went to see my doctor, who assured me that I almost certainly didn’t have Covid-19, even though our county had been considered a “red” one for more than a month and the case count was climbing.I was a bit suspicious of my doctor’s reassurance because I had learned that morning of a student who had tested positive for Covid-19 the week before in the high school where I am a Spanish and social studies teacher.advertisement It’s possible to be infected by the flu virus (left) and the coronavirus that causes Covid-19 (right) at the same time. Adobe As a precaution, I was tested for strep, influenza, and Covid-19. I was shocked when the nurse let me know that I had tested positive for the flu, and I left with a prescription for Tamiflu and instructions to stay home for a week. About the Author Reprints First OpinionI worked hard to protect myself from Covid-19 and the flu. Yet I got both — at the same time By Lauren Hines Nov. 27, 2020 Reprints To me, the bottom line from my experience is that all of us must be serious about protecting the people around us who need and deserve extra precautions, since protective measures are no guarantee (as I learned the hard way), especially in the face of what looks to be a serious spike in Covid-19 this winter.Lauren Hines teaches Spanish and social studies in Kentucky. ‘They’re not really doing anything’: As Covid-19 cases spiral, leaders around the U.S. lose urgency on prevention center_img Related: Over the weekend, it was difficult to know which symptoms were due to Covid-19 and which ones were due to the flu. The coughing began to slowly improve, and I had a temperature above 99.9° only once, though I experienced extreme fatigue, chills, aches, a severe headache, and diarrhea.By Monday, the coughing had stopped and my fever was down, but I felt even worse than before. I believe that was the point where I was over the flu and Covid-19 was taking over. I slept so much that my sister dropped in on my Alexa because I didn’t answer calls or texts for hours at a time. I didn’t leave my bedroom except to use the bathroom and drank room-temperature orange Gatorade Zero that my mom had bought in bulk and I kept next to my bed. Trips beyond the bathroom were carefully planned for efficiency as they required all of my strength and a nap immediately after.I watched TV, but found I couldn’t focus or would fall asleep. After trying to watch the first episode of Lovecraft Country four times, I resorted to browsing TikTok or re-watching The Office as I couldn’t keep up with the simplest plot. I had several rounds of severe abdominal pain and experienced a completely new sensation: small tingles that would randomly move throughout my lower and upper abdomen.Over the next few days, I constantly checked my oxygen saturation, knowing that if it dropped below 93% I would need to go to the hospital. From a starting point of 98%, the pulse oximeter readings crept down to 93% on Wednesday, at which point I was having mild shortness of breath and chest pain when I took a full breath. That said, I was feeling a little better. My doctor ordered a chest X-ray, which I got at a hospital a three-minute drive from where I live. It was normal. I started to take oral steroids, which helped immensely.It wasn’t until Friday — a full week after I first learned that I had Covid-19 plus the flu — that I made the move from my bed to the couch. It felt like a momentous occasion.During that week, I had lost 12 pounds. After a few bites of food, I would feel nauseous and completely full, and there were days when I ate nothing even though my family and friends delivered food to my porch. It took me two full days to eat one donut, taking just one or two bites at a time.During the time when I felt the worst, anxiety compounded my physical symptoms. I wondered every time I fell asleep if I would wake up wheezing or unable to breathe. I am incredibly grateful that my respiratory symptoms were mild and that I was able to get through it without hospitalization.The day I was diagnosed with Covid-19, the news was full of the record-breaking number of cases: more than 85,000 that day. Now, the record is nearly 140,000, and increasing by the day.I still don’t know for sure how or when or where I contracted Covid-19 or the flu, though I suspect it was at school. I haven’t been in a grocery store or eaten in a restaurant since March because of my low immunity and asthma. My only close contacts have been my mother and my sister, both of whom tested negative for Covid-19 and have had no symptoms. I always wear a mask and use an N95 respirator at school.The simple fact is that we still have a lot to learn about this airborne virus: how it is transmitted, how it is best treated, what its long-term effects are, and more.Now that I’m on the other side, I’m feeling better physically and am far less anxious. I take no pride in knowing that I’m special: it’s rare to be diagnosed with both Covid-19 and the flu, especially when taking significant precautions for Covid-19 and receiving a flu shot. While I am teaching virtually for the rest of the semester and still am following public health guidance, I have a sense of relief — for now. I can’t wait to be back in the physical classroom with my students, and I am hoping that any immunity will last long enough until I can get vaccinated.No one knows how long immunity to Covid-19 lasts, whether it is 90 days or a year or longer, and I am still worried about potential long-term effects. The fatigue and digestive issues lasted long after quarantine, and I have experienced worrisome chest pain. Comparing the Covid-19 vaccines developed by Pfizer, Moderna, and Johnson & Johnson Tags Coronavirusinfectious disease [email protected] @lehines On Thursday, I was tired and achy — both mild flu-like symptoms — but was able to complete all my work virtually. Aside from the occasional coughing fit, one of which brought me to my knees, I believed I just had the flu.advertisement Related: Lauren Hineslast_img read more

Toronto stock market closes up 177 points

TSX gets lift from financials, U.S. markets rise to highest since March The Toronto stock market closed solidly higher Tuesday as investors regained some confidence about the U.S. and European economies and commodity stocks pushed ahead. The S&P/TSX composite index added 177.18 points to 11,716.88, with all sectors moving higher. The junior Venture Exchange was ahead 32.9 points at 1,440.29. Facebook LinkedIn Twitter The Canadian dollar rose 0.79 cents to 97.06 cents US after data showed Canada’s inflation was in line with expectations in November. The annual inflation rate remained relatively high at 2.9% last month as Canadians continued to pay considerably more for food and gasoline than they had 12 months earlier. Statistics Canada said Tuesday that grocery prices were up 5.7% in November compared with a year earlier as consumers saw double-digit increases for such basics as fresh vegetables and bread. The figures included a 1.3% jump from October alone. Meanwhile, commodities made gains with the January oil contract adding $3.34 to US$97.22 a barrel. The February gold contract was up $20.90 to US$1,617.60 an ounce, while the March copper contract gained six cents to $3.37 a pound. On the TSX, the mining index was up 3.3%, the energy index added 2.2% and the gold index pushed 3% higher. Tuesday’s bounce-back from an almost 100-point loss on Monday was seen as a result of improved sentiment about the European and U.S. economies. However, volatility could persist as the holiday season approaches and trading thins, said Colin Cieszynski, a market analyst at CMC Markets Canada. “Overall, markets remain essentially range bound with tax-loss and pre-holiday selling offset by year-end short covering and bargain hunting,” he said. “Moderate swings back and forth such as these may continue through the rest of the week.” Wall Street was also positive with the Dow Jones up 337.17 points at 12,103.43, while the broader S&P 500 was up 35.95 points at 1,241.3 and the Nasdaq rose 80.59 points at 2,603.73. The U.S. Federal Reserve announced Tuesday afternoon that the largest U.S. banks and financial companies should hold extra cash on their balance sheets to cushion themselves against financial crises. American banks opposed the rules, saying they would be forced to hold too much extra cash, hampering their ability to make loans. Earlier, the U.S. Commerce Department said builders broke ground on a seasonally adjusted annual rate of 685,000 homes last month, a 9.3% jump from October. It’s the highest level since April 2010. Still, the rate is far below the 1.2 million homes that economists say would be built each year in a healthy housing market. Meanwhile, German business confidence rose unexpectedly in December, while German consumers were resilient in the face of rising economic risks and the ongoing debt crisis. Spain’s weekly auction of short-term debt was also encouraging for investors. Borrowing costs for three- and six-month notes fell sharply amid strong demand, indicating market confidence in the country’s ability to handle its debt is recovering. The reassuring macroeconomic news reinforced improving market sentiment as the leadership succession in North Korea appeared to be under control. In domestic news, steel pipe and tubing maker Lakeside Steel Inc. (TSXV:LS) shares jumped 279% or 19.5 cents to 26.5 cents after it announced it has received a $77.5-million takeover bid, worth 40 cents per share, from an unidentified buyer, more than four times its market price before the offer was made. TransCanada Corp. (TSX:TRP), a major pipeline operator and power producer, has expanded its alternative energy business with a deal to buy nine solar power projects in Ontario for $470 million. Shares added 29 cents to $43.73. Prime Restaurants Inc. (TSX:EAT) announced Tuesday that it will be paying a special dividend of eight cents per class A limited voting share in connection with the takeover of the company by Fairfax Financial Holdings Ltd. (TSX:FFH). Prime shares added seven cents to $7.55, while Fairfax shares were up $9.52 at $427.50. The global real estate arm of Manulife Financial Corp. (TSX:MFC) has bought $555 million worth of properties in Toronto, San Diego and the New York City area. One of the three vendors was Ivanhoe Cambridge, the real estate arm of the Caisse de depot et placement du Quebec, which sold the York Mills Centre office complex in Toronto for $161 million. Sunny Freeman Related news Toronto stock market dips on weakness in the energy and financials sectors Keywords Marketwatch Share this article and your comments with peers on social media S&P/TSX composite hits highest close since March on strength of financials sector read more

Government response to Independent Panel’s first flush recommendations

first_imgGovernment response to Independent Panel’s first flush recommendations The NSW Government agrees in principle to all but one of the 10 Independent Panel’s recommendations into the management of the 2020 Northern Murray-Darling Basin first flush event.Minister for Water, Property and Housing Melinda Pavey said the independent assessment was done to provide key findings to help inform methods of future assessment as well as the future management of flows.“In February, heavy rain fell over the northern basin and, for the first time in NSW’s history, DPIE – water placed an embargo on floodplain harvesting being ‘actively’ diverted to protect a first flush of water through to the Lower Darling,” Mrs Pavey said.“The assessment was undertaken to provide clarity as to what we can do better in the same scenario. Many of the proposed actions identified by the panel are closely aligned with, or are already being implemented through, existing projects.“Several will require further exploration with the community and timeframes will need to be extended accordingly.”The Panel found the event was managed effectively resulting in good outcomes, but better transparency, including communication would have reduced community concerns.“The Panel’s recommendations primarily relate to improving transparency and communication – these principles are consistent with several key initiatives already underway,” Mrs Pavey said.“These include the State Water Strategy, regional water strategies, Aboriginal Water Strategy, review of north-west flow targets, remake of the Barwon-Darling Water Sharing Plan, and the Western Weirs project.”The full NSW Government response is available on the department’s website: Northern Basin First Flush Assessment. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Aboriginal, Barwon-Darling, communication, community, exploration, future, Government, housing, industry, Minister, NSW, NSW Department of Industry, outcomes, project, property, rain, Water, websitelast_img read more

CU Boulder remains a top university nationally, globally in 2021 rankings

first_imgCategories:AcademicsCampus Community Published: April 26, 2021 In a new sets of ranking, CU Boulder placed in the top 100 among best universities in the U.S. and worldwide, continuing to hold its position among some of the world’s most highly regarded institutions. The Center for World University Rankings (CWUR) placed CU Boulder 68th overall and 38th nationally in its 2021-22 list of top worldwide universities. This places CU Boulder within the top 1% of universities on CWUR’s ranking.CU Boulder was also ranked 48th in quality of faculty.Since 2019, CWUR has ranked the top 2,000 universities out of 20,000 worldwide among a number of criteria, including quality of education, alumni employment, quality of faculty and research performance.Last year, CU Boulder was ranked 69th overall and 39th nationally among top worldwide universities.center_img Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more

PM Thanks Public Sector Workers for Understanding

first_imgFacebookTwitterWhatsAppEmail Prime Minister, the Most Hon. Portia Simpson Miller thanked public sector workers for the understanding that they demonstrated over the long and difficult negotiations culminating with the signing of the heads of agreement with public sector unions and associations for the 2010-2012 contract period.  At the signing ceremony at Jamaica House on Thursday May 31, Mrs Simpson Miller said, “Most of public sector workers were called upon to make a sacrifice in support of the national economic programme”. The Prime Minister said that in turn, the government remains committed to responsible fiscal management and achieving a targetted percentage of Gross Domestic Product (GDP) for the cost of public service, saying that this approach is essential to restore the economy to a path of sustainability. She highlighted the administration’s commitment saying, “Under the agreement the government commits to the principle of free collective bargaining during this, and successive our administration has the utmost respect for the collective bargaining process.” Mrs Simpson Miller said that the agreement holds the government to a programme of low redundancies for the civil service and hinted at the direction for ongoing discussions saying that housing solutions for public sector workers would be addressed; and pension reforms will now consider the position of District Constable as a pensionable post. In her remarks, Vice President of the Jamaica Confederation of Trade Unions, Helene Davis Whyte, said that the public sector workers were “not happy but will play our part”. She said that the going forward, the confederation would be moving towards new approaches to negotiations, including “interest-based based bargaining”. Minister of Finance and the Public Service, Peter Phillips, noted that protecting public sector jobs at this time safeguarded families and was a benefit to the government. He said that the government is moving to modernise the public sector through innovation and building trust. Minister without portfolio in the Ministry of Finance and the Public Service, Horace Dalley, stated the four pillars on which the negotiations rested: the country’s high debt to GDP ratio; the high fiscal deficit; the ongoing low economic growth; and extended low employment. Among the bargaining units that signed the agreement were the Nurses Association of Jamaica; the Jamaica Civil Service Association; the Union of Schools Agricultural and Allied Workers; the Jamaica Workers Union; the Union of Technical and the Union of Technical Administrative and Supervisory Personnel; several unions representing educational officers, and librarians; public health inspectors and paramedics; air traffic controllers and correctional officers. Negotiations for the 2012 period have started. PM Thanks Public Sector Workers for Understanding Office of the Prime MinisterMay 31, 2012 RelatedPM Thanks Public Sector Workers for Understanding RelatedPrime Minister Golding Announces Cabinet Changes Advertisements Contact:    Communications Unit-OPM Tel:               926-0244         Fax:              920-4684                                         Email:           [email protected] RelatedPM Thanks Public Sector Workers for Understandinglast_img read more