All is well with PetroGazz after miscommunication

first_imgLATEST STORIES MOST READ DepEd’s Taal challenge: 30K students displaced After going up 1-1 in the quarterfinals of the Premier Volleyball League Reinforced Conference, the Angels found a way to resolve some issues as they prepare to snag one of the last two semifinals spot.Captain Paneng Mercado said everything’s fine with the Angels after their four-set loss to Pocari Sweat-Air Force where things got heated between the local players and Ukrainian imports Anastasiia Trach and Olena Lymareva-Flink.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crown“There were just some miscommunication but everything’s been resolved,” said Mercado in Filipino on Wednesday at Filoil Flying V Centre.READ: Mercado helps cool off heated tension between PetroGazz locals , imports Davao Occidental, Zamboanga trip foes in MPBL Datu Cup All’s well has ended well for PetroGazz.ADVERTISEMENT The Angels, who are at the third spot of the quarterfinals standings after their 25-15, 25-17, 25-21, victory over winless Tacloban, will need to pick up the slack if they want to crack the semifinals.Pocari-Air Force is atop the standings with a 2-0 card and its imperative for the Angels to win their remaining games to remain in contention for the last two semifinals spot.Creamline and PayMaya finished with 6-1 and 5-2 records, respectively, after the preliminaries and have earned outright byes for the penultimate round.Mercado added the light mood the team is in is what PetroGazz needs in the quarterfinals.“We have great teamwork when we’re like this, there’s also the motivation so I hope this stays until the end,” said Mercado.ADVERTISEMENT Don’t miss out on the latest news and information. In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ China population now over 1.4 billion as birthrate falls Winfrey details her decision to withdraw from Simmons film Fans fill up Philippine Arena for SEA Games opening PLAY LIST 01:02Fans fill up Philippine Arena for SEA Games opening00:50Trending Articles02:10SEA Games 2019: Didal collects 2nd skateboard gold02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Volcano watch: Island fissures steaming, lake water receding View comments Sports Related Videospowered by AdSparcRead Next Steam emission over Taal’s main crater ‘steady’ for past 24 hours Jury of 7 men, 5 women selected for Weinstein rape trial Dave Chappelle donates P1 million to Taal relief operations Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anewlast_img read more

Bidvest first SA bank to trade Yuan

first_imgOR Tambo International Airport is popular among South African travellers.(Image: Bongani Nkosi)South African demand for China’s Yuan looks set to reach a new heights following Bidvest Bank’s decision to trade in the currency.Bidvest, the first South African bank to buy and sell the Yuan, said demand for the Chinese currency by South African business and leisure travellers has been growing for some time.“Local demand for Yuan is already significant and is expected to grow in view of increasing trade and travel links between China and South Africa,” the bank’s head of retail operations, Craig MacFarlane, said.Bidvest announced in a statement on 27 September 2010 that it was now offering Yuan currency exchange services in its 102 branches across South Africa.“Up-to-the-minute” rates are offered in the branches, Bidvest said.The private bank prides itself in offering the South African market the “most extensive range of foreign exchange” with more than 60 currencies available.“The Yuan is one of the new currencies being included in the bank’s already expanding currency note range,” said MacFarlane.“Ours is an extremely dynamic and complex market,” said MacFarlane. “We monitor demand and developments in all currencies.“We will continue to expand our range in line with our customers’ needs.”Bidvest has urged its corporate and retail clients to note China’s currency restrictions. “They are only permitted to take into China or bring out a maximum of 20 000 Yuan. That’s about R20 000 (US$2 800), as the rate is close to one to one at the moment.”Business travel boomBusiness travel between South Africa and China is expected to increase in future, as the two countries recently strengthened bilateral economic and trade relations.The two countries have secured favourable market access for each other through more than 60 joint agreements since 1998.President Jacob Zuma paid a state visit to the Asian country in August with a team of more than 370 South African business people. The delegates interacted with their Chinese counterparts through a forum set up to identify business opportunities in both countries.During the forum Zuma said the South African government “envisages meaningful future cooperation” between the nations in areas such as infrastructure development, engineering, energy, information and communications technology and electronics.China is now South Africa’s largest trading partner, after it surpassed the US last year. Total trade between the two countries was valued at R119. 7-billion ($16.3-billion) in 2009, according to the Department of International Relations, representing a 2% increase from 2008’s total of R118-billion ($16-billion).last_img read more

a month agoSheffield Utd manager Wilder talks Van Winckel influence

first_imgSheffield Utd manager Wilder talks Van Winckel influenceby Paul Vegasa month agoSend to a friendShare the loveSheffield United manager Chris Wilder insists he’s happy to work with Jan van Winckel.Van Winckel, who was appointed a United director before the dispute between Kevin McCabe and Prince Abdullah spilled into the public arena, has been a close confidant of the Saudi Arabian for over two decades.Wilder said, “There was talk about improving certain aspects of the club. I know the angle (about) Jan. He has been a member of the board for sometime so he has, of course, been involved in the decisions. Anything to improve the club, I am open to.”But I am a hands-on manager. In terms of Jan’s expertise, it is there to be seen in terms of his track record. He has been involved in all of the decisions, recruitment and the like because he’s on the board. I’m not pig headed enough to think I know everything.” About the authorPaul VegasShare the loveHave your saylast_img read more

Finance minister Morneau rejects Tory insinuation threatens legal action

first_imgOTTAWA – Finance Minister Bill Morneau is threatening to sue the Conservatives for suggesting he used his inside knowledge of a pending tax change announcement in 2015 to sell off stocks before their value dropped.On Tuesday, a day after sidestepping more than a dozen questions on the issue, Morneau called the insinuations by Tory finance critic Pierre Poilievre “absurd.”“If the Opposition want to continue with these absurd allegations, which have no basis in any sort of fact, they take them outside of the House and I will give them a sense of exactly how our legal system works,” said Morneau.Anything said in the House of Commons is subject to parliamentary privilege, which gives MPs legal protection from libel and defamation laws. Poilievre first raised the allegations Monday during question period in the Commons.He claimed Morneau’s December 2015 announcement that he would raise income taxes on the highest earners caused the entire stock market to drop, including the value of Morneau Shepell shares — 680,000 of which were sold off roughly a week earlier.Poilievre alleged the early sale of the shares saved the owner half a million dollars.He repeatedly asked Morneau if it was a coincidence that the 680,000 shares were sold off a week before the tax announcement. And he asked Morneau repeatedly to confirm he was the “someone” responsible for selling off those shares in the company founded by the minister’s father.When the Speaker questioned the appropriateness of questioning the government on the matter, Poilievre retorted: “It is actually the responsibility of government to ensure that no minister ever uses inside knowledge to benefit from transactions on the stock market.”While Morneau dodged those allegations of insider trading Monday, he had more to say at a hastily called news conference Tuesday.“What we’re hearing now is in my mind (an) absolutely crazy idea that something that we campaigned on, that we talked to 36 million Canadians about which was a rise in taxes in the top one per cent was somehow knowledge that was only my knowledge,” he said.Poilievre maintained he hasn’t “actually accused him of anything” and has only asked Morneau whether he was the one who sold the shares a week before the tax announcement.“I am absolutely confident that everything I’ve said out there and in here is true,” Poilievre said in the Commons, challenging Morneau to meet him outside the chamber to answer the question.Morneau was not present during question period Tuesday because he said he had a speech to deliver in Toronto. But under continued Conservative attacks over the stock sale, Prime Minister Justin Trudeau asserted that the finance minister “continues to focus on the things that matter to Canadians and he has our full confidence.”On Dec. 7, 2015, the day of Morneau’s tax-change announcement, the Toronto stock index fell 2.4 per cent for its single weakest day of the quarter, BMO chief economist Doug Porter said after he was asked to look up his notes.Porter said already-low oil prices dropped “heavily” that day — by five per cent. He said that factor alone may have been responsible for much of the weakness in the market.Nevertheless, the New Democrats also applied pressure Tuesday on Morneau over the 2015 stock sale. The NDP has asked the ethics commissioner to look into Poilievre’s allegations.The ethics commissioner has already launched a formal examination to determine if Morneau was in a conflict of interest when he introduced pension-reform legislation, which critics have insisted would benefit Morneau Shepell — a company in which, until recently, Morneau owned about $21 million worth of shares.After the ethics controversy erupted, he sold off the remainder of his holdings in Morneau Shepell and vowed to place his other substantial assets in a blind trust.Morneau donated to charity the difference between what the shares were worth at the time of the sale and their value in 2015 when he was first elected — an amount estimated at about $5 million.He has also faced intense criticism about his integrity after information surfaced showing that, based on the ethics commissioner’s advice, he did not divest shares or place his holdings in a blind trust after being was named to cabinet.Follow @AndyBlatchford on TwitterNote to readers: This is a corrected story. A previous version said the stock sale occurred before the introduction of pension legislation.last_img read more

Mens Basketball Ohio State routs UNC Pembroke in exhibition 8163

Ohio State started the game on a 13-2 run and never looked back, defeating UNC Pembroke 81-63 in its final exhibition before the start of the regular season.Ohio State used the exhibition game to its advantage, bringing out a variety of lineups, each showing a strong defensive intensity and willingness to move the ball. Every player active on Ohio State’s roster saw time on the court during the exhibition.“A lot to take from this game for us, good and bad, a lot to take from it, so I was glad we got to play a lot of different guys,” head coach Chris Holtmann said. “We’ll move forward, a lot to improve on, we have some significant, significant areas that need improvement, significant areas.”The Buckeyes held the Braves to 32.8 percent shooting, and allowed 20 free throw attempts in the game, 16 of which came in the second half.Among the multiple switches in lineup, freshman guard Luther Muhammad stood out, finishing a plus-32, the highest on the team.Muhammad finished the game with nine points on 3-of-5 shooting to go along with three assists.The freshman guard said he sees his role as mainly a defensive player that can work well with senior guard C.J. Jackson.“I’ve been known for my defense, so that comes first,” Muhammad said. “Be a high-intensity guy and try and set the tone with C.J. and the rest of the three other guys that’s on the floor, and basically just be yourself.”Late in the first half, Muhammad drove to the basket, forced contact, earned the foul and finished the layup while falling to the ground, one of several strong drives to the basket by the Buckeyes throughout the game.The Buckeyes used their size advantage, especially through junior and sophomore forwards Kaleb and Andre Wesson, to gain a massive edge on the boards.UNC Pembroke, a 27-win team and Peach Belt Division II conference champion in 2018, was held to 35 rebounds on the night.“I think it’s a solid defensive team that we have to start the game,” Holtmann said. “We don’t have the versatility that we have with last year’s group in [Jae’Sean Tate] and Keita [Bates-Diop], and that’s significant, we’re gonna have to figure some things out as coaches because we don’t have that versatility.”Kaleb Wesson led the team with 10 rebounds, helping the team total 56 boards, including 21 offensive rebounds. Ohio State went up 42-24 in the first half, led by Muhammad’s nine points. Junior center Micah Potter scored eight on 3-3 shooting in the half, each of the three shots coming with an and-one opportunity.Potter led the team with 13 points, making all four of his attempts. He added a fourth and-one chance in the second half, getting a pass down low and finishing a tough layup before adding the free throw, putting the Buckeyes up 61-31.Even with an 18-point lead halfway through the game, the Buckeyes had nine turnovers and shot 2-10 on its three-point attempts. The second half was more of the same. Ohio State totaled 21 turnovers, and shot 5-of-25 from three on the night.“I’m not as worried about our shooting, because I think some of that is just you’re getting a feel and jitters,” Holtmann said. “But certainly turnovers, certainly, way too careless with the ball today.”Holtmann said he will not play guys extended minutes moving forward that don’t take care of the ball.Ohio State will officially open the season Wednesday when the Buckeyes take on Cincinnati at 6 p.m.Story updated at 10: 28 p.m. to include quotes from postgame interviews. read more

Wagner blames red card for Huddersfields loss

first_imgHuddersfield Town manager David Wagner insists the red card picked up by Christopher Schindler played a significant role in his team’s loss to Burnley.The Terriers hosted fellow strugglers Burnley at the John Smith Stadium on Wednesday night looking for their first Premier League victory in 10 games.Steve Mounie gave the home side the lead just past the half-hour mark with his first league goal of the season, but Sean Dyche’s men leveled just before the break from a Chris Wood strike.Things went from bad to worse for Huddersfield when Schindler was giving his marching orders four minutes before halftime, leaving Wagner’s men to play the entire second half with 10 men.Ashley Barnes 74th minute goal ensured Burnley took home all three points leaving Huddersfield rooted to the bottom of the league table.Danny CowleyCowley explains why he changed his mind about Huddersfield Manuel R. Medina – September 9, 2019 Last week Danny Cowley rejected the chance to coach Huddersfield Town in the English Championship, but today he accepted saying it was a good opportunity.“The commitment, effort and attitude which the players have shown was absolute”, Wagner said, according to Sky Sports.“They fought but unfortunately playing more than one half [with 10 men] is very difficult to deal with.”“We took the lead and scored our first goal from a striker. I have seen a lot of good things today but obviously we weren’t able to keep the tempo and speed as high as when we played 11 v 11.”last_img read more

AGDC Working With The City Of Kenai To Find Alternative Water Sources

first_imgKenai Peninsula Borough Mayor Charlie Pierce: “The proposal that was presented by the group was to run a water main from Kenai, tapping into the Kenai system, and running it out north to provide water for this project. Local water in close proximity to the plant, the results from those tests were unsatisfactory, and some contamination concerns came up as a result of those tests.”   Jesse Carlstrom with the AGDC said the project began working with the City of Kenai to find a viable water source after the initial testing: “Alaska LNG project proponents looked at sourcing water locally from the site of the liquefaction facility. Due to unsatisfactory test results and water contaminants the AGDC looked at the City of Kenai for the possibility of securing water from the Kenai water system to supply the liquefaction facility.”  According to Carlstrom, the terminal and plant will need about 150 gallons per minute of fresh water during operation. 135 gallons would be used for power generation and 15 gallons as potable water and for other utility uses. Facebook0TwitterEmailPrintFriendly分享The Alaska Gasline Development Corporation is continuing to work with the City of Kenai to find a viable water source for the LNG project after initial water testing in the Nikiski area came back as ‘unsatisfactory’. Mayor Pierce spoke at the borough assembly meeting last night about the need for an alternative option after the initial test results: “We met with them, we talked with them about the concerns, and they are willing to look at an alternative water source.” Currently the City of Kenai water system serves both residential and commercial users spanning over approximately 8 square miles. Carlstrom: “The AGDC is working with the City of Kenai to identify a viable water source.” The original wells tested in Nikiski underperformed or exceeded government standards for contamination, according to the AGDC.last_img read more

Jane Pratt Named EditorCreative Director Style With SAY Media

first_imgPratt has written for Elle, Marie Claire and Maxim magazines. After founding Jane, Pratt left her position as editor in the summer of 2005; she was replaced with ElleGirl founding editor Brandon Holley. Conde Nast then shut down Jane magazine for good, with the August 2007 issue as its last. Since her departure from Jane, Pratt’s whereabouts have supplied a fair amount of media fodder. In 2007, it was rumored Pratt was to start a magazine with Gwen Stefani, lead singer of pop group No Doubt; then in November 2010, Pratt was said to be partnering with fashion blogger Tavi Gevinson on a magazine for “wallflowery teenage girls.” Other names tapped to join xoJane.com include Emily McCombs, former managing editor of Asylum.com and contributing editor of Lemondrop.com, who will act managing editor of xoJane.com. Cat Marnell joins the xoJane.com as beauty editor; previously, she acted as a freelance writer and beauty editor of Lucky Magazine. Other xoJane.com contributors will include Christina Kelly, Laia Garcia and Eric Nicholson. Jane Pratt, former editor-in-chief of Sassy and Jane magazines, has been named editor and creative director of style with SAY Media. In this new role, she will be acting as editor-in-chief for xoJane.com, a new women’s-interest site owned by SAY.last_img read more

Shocking Radhika Apte was the first choice for Vicky Donor was replaced

first_imgRadhika AptePR HandoutIf sipping coffee with Karan Johar on his chat show Koffee with Karan was not enough, celebs seem to be having a rough time dealing with Neha Dhupia’s scary spice on her chat show – No Filter Neha. From candid revelations to shocking confessions, celebs on the show have said it all, bared it all. And the recent revelation that comes from Radhika Apte has taken us aback.Radhika Apte and Ayushmann Khurrana graced the finale episode of No Filter Neha and bared their hearts out. Talking about a role she lost out on due to body issues, Radhika Apte revealed that she was the first choice for ‘Vicky Donor’. She said that she had been selected without giving an audition for the female lead in the film, but, the makers wanted her to lose weight. She revealed that though she was never fat, the makers had a particular weight and shape in mind and hence had asked her to lose weight. Radhika, who was supposed to go on vacation had promised them that she would lose all the weight within the given time frame of two months. First, the makers agreed, but, later decided to replace her with Yami Gautam.Radhika revealed that though she takes criticism at work very positively, this particular didn’t go down well with her and left her worried. She revealed that she had stopped eating for a long period after that episode.Well, with the fabulous choices that Radhika seems to be making these days and the amount of popularity she has gained, it was certainly a loss for the makers Shoojit Sircar and the team and definitely a massive gain for Yami Gautam, who hasn’t had the same amount of success after that.last_img read more

What is bitcoin worth Barclays has an answer to that

first_imgBitcoin, Ethereum are types of cryptocurrencies availableReutersBe it analysts, cryptocurrency experts, renowned researchers, no one has so far been able to derive the real value of bitcoin till date.However, analysts at Barclays think they have a useful method for tracking bitcoin trends — infectious disease models. And by their analysis, the cryptocurrency fever may have broken.The Barclays model divides the pool of potential bitcoin investors into three groups: susceptible, infected and immune.Just like any infectious disease, rise in prices is spread by word-of-mouth – via blogs, news reports and personal anecdotes – as nobody wants to miss out on the rally that made their friends and colleagues rich.”However, once full adoption is approached, the price decline is sustained and rapid,” Barclays analyst Joseph Abate wrote in a note to clients.”As more of the population become asset holders, the share of the population available to become new buyers — the potential ‘host’ population — falls, while the share of the population that are potential sellers (‘recoveries’) increases. Eventually, this leads to a plateauing of prices, and progressively, as random shocks to the larger supply population push up the ratio of sellers to buyers, prices begin to fall. That induces speculative selling pressure as price declines are projected forward exponentially.”The Barclays model suggests that awareness around cryptocurrencies is now almost universal, and only a small group of the population could now catch speculative interest, and buy in.”We believe the speculative froth phase of cryptocurrency investment – and perhaps peak prices – may have passed,” Abate said.Bitcoin has fallen by more than 50 percent in 2018, trading near $6,969 as of 9:00 a.m. Indian Standard Time.The cryptocurrency rose more than 1,300 percent last year, reaching a peak near $20,000 in December.While the cryptocurrency bounced back from past price collapses in 2011 and 2013, the high level of awareness this time around signals bitcoin may never return to its peak of nearly $20,000 in December, according to the Barclays model.last_img read more