Category: oeeevpcd

Coal miner Adaro’s profit falls 17 percent in Q1 as coal prices slump

first_img“Our performance in this year’s first quarter reflects the operational excellence of our core coal assets as we recorded solid production volume amid the difficult market condition,” Adaro president director Garibaldi Thohir in a statement on Friday. “In this challenging time for the global economy and the coal market, we continue to improve our efficiency, ensure discipline in spending and maintain a solid balance sheet.”Adaro’s revenue fell, as its higher sales volume was offset by falling prices. The company’s yearly sales volume rose by 8 percent to 14.39 million tons. The price of coal fell by a sharper 27.3 percent yoy to $66.6 per ton in the Jan-March period, based on Indonesia’s coal benchmark prices (HBA).The company’s costs also declined by 5 percent to $552 million amid reduced mining activity and fuel consumption as Adaro implemented cost control measures.Read also: Indonesia’s coal giant ventures deeper into renewable energyThe global demand for coal collapsed earlier this year as businesses and industries around Asia – the world’s largest coal market – suspended their businesses at the behest of their respective governments following the COVID-19 outbreak.Adaro, like other Indonesian coal miners, faces export risks over India’s recently extended lockdown. The South Asian country is Indonesia’s second-largest coal buyer behind China.The company, which is traded on the Indonesia Stock Exchange (IDX) under the stock symbol ADRO, fell 2.12 percent on Friday. The benchmark Jakarta Composite Index (JCI) fell 0.14 percent.Topics : Coal miner PT Adaro Energi’s profit shrank by 17.36 percent year-on-year (yoy) to US$98.17 million in the first quarter amid falling coal prices and slumping demand in the coronavirus-ridden Asian economy.The publicly listed coal miner, which was the most profitable company of its kind last year, booked an 11 percent yoy sales decline to $750 million in the first quarter, according to Adaro’s latest financial report released on Friday.Read also: Indonesia’s largest power plant on schedule to operate next yearlast_img read more

Woods-Manning prevail in star-studded match, raised $20m for charity

first_imgTiger Woods says while his surgically repaired back may never be 10-out-of-10 again, it won’t stop him from being healthy and ready to go when the PGA Tour starts up again.The 44-year-old Woods says he’s been able to use the down time during the coronavirus pandemic to get himself in shape for an expected condensed fall golf season. “It is going to be interesting,” said Woods during a four-man charity golf tournament in Florida on Sunday. “I am used to trying to peak for majors in April, May, June and July, forever. Now this (COVID-19) has changed everything. It is fluid. It is on the fly.”  Asked to rate how his back feels on a scale of one to 10, Woods said, “Well, let’s just say 10 is not what it used to be.” PGA stars Woods and Phil Mickelson and two NFL quarterback legends Peyton Manning and Tom Brady squared off in an entertaining made-for-television charity golf event on Sunday that raised $20 million for coronavirus relief efforts.The 18-hole match included nine holes of four-ball and nine holes of modified alternate shot, with on-course challenges for charitable funds. Woods, who paired with Manning, showed no rust as they held off a back-nine rally from Mickelson and Brady for a one-up victory in the 18-hole match play format. Sunday’s event, called “The Match: Champions for Charity,”  was a rematch of sorts for Mickelson and Woods, who faced off in a similar charity event last year in Las Vegas. It also marked a return to the golf course for the both PGA stars due to the COVID-19 pandemic. The PGA Tour is on hiatus until June 11, when the Charles Schwab Challenge at Colonial is scheduled to begin in Texas.The charity match was the first competitive golf for Woods since the Genesis Invitational on February 16, where he shot weekend rounds of 76-77 to finish in 68th place at the Riviera Country Club course. He said the forced break has been refreshing and described his health as surprisingly good considering he has been taken out of his regular training regime. “It is to nice be at home training each and every day,” Woods said. “I get some treatment on it and get onto a routine basically. “With this pandemic and everything that has happened, we (have) all been very careful and try to stay at home,” he said.Woods says he has enjoyed spending more time with his family and has added tennis to his workouts. “It has been good in that regard because I have been able to spend a lot of time with my kids. We had a lot of fun. This is the most amount of tennis I have played ever.” The start of Sunday’s match was delayed by rain that fell steadily throughout the majority of the round.Woods helped offset the difficult playing conditions Sunday by taking advantage of competing on his home course, the Medalist Golf Club in Hobe Sound. “I am just trying to hit it in the right spots. I kind of know this place,” he told a television interviewer early in his round.The entertaining match featured plenty of friendly banter and trash talking going back and forth between four of North America’s biggest sport stars.Brady, who recently signed with the Tampa Bay Buccaneers after winning six Super Bowl titles with the New England Patriots, made the shot of the day on the par-five seventh.Wardrobe malfunction Brady had been struggling for much of the first round, but his approach on No. 7 landed just past the hole before spinning wildly to the right and rolling into the centre of the cup.”When the going gets tough, the tough get going,” an obviously relieved Brady said of his first good shot of the day.The shot was notable for another reason: it included a wardrobe malfunction. Brady also split his pants on the shot, resulting in a hasty costume change.Pants wanted in on social distancing I guess…— Tom Brady (@TomBrady) May 25, 2020″There was so much torque on that swing,” he joked.The birdie also lightened the wallet of PGA golfer Brooks Koepka. When he saw Brady struggling early in the round, Koepka tweeted out a promise to donate $100,000 to charity if Brady could make a par on the front nine.”Brooks owes me a little money,” Brady said following his surprise birdie.Topics :last_img read more

Mandate roundup: Swiss investor tenders large cap via IPE Quest

first_imgA Swiss investor has issued a large cap growth equity tender worth €250m via IPE Quest.According to the QN-2611 search, the mandate is to follow the MSCI Europe index, with a minimum 1.5% expected level of tracking error.Participating managers should have at least €3bn in assets under management as a firm, and at least €1bn under the growth large cap equity. Their track record should be at least three years, but a minimum of five years is preferred.The deadline for applications is 26 June at 5pm UK time. Applicants should state performance data to 31 May 2020, gross of fees. The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email county pension fund turns to COIN for adviceThe Swedish county of Gävleborg has appointed COIN as the new consultant for its SEK5bn (€475m) pension fund after a tender process in which only one firm participated.Stockholm-based COIN Investment Consulting Group won the contract to provide pensions investment management advice for the Region Gävleborg administration of the central Swedish coastal county, with the result announced on the TED EU tendering site.A spokesman for the council told IPE that COIN would replace Söderberg & Partners, which had been providing consultancy services up to now.Region Gävleborg manages its own pension fund, he said, with the help of consultants for different assignments such as reporting, finding investment alternatives and sustainability reports.According to the council’s 2019 financial report, the pension fund grew to SEK5.15bn and returned 17.7% last year, but this was 3.9 percentage points lower than the benchmark.Alternative investments and foreign equities both underperformed the index last year, it reported, however, since inception, it said the fund had returned an average of 6.4% a year – 0.5% above the index.With total pension liabilities of SEK7.9bn, the pension fund had a 65.5% funding ratio at the end of 2019, according to the report.The spokesman said the council had been surprised that only one firm applied for the contract in the tender process.To read the digital edition of IPE’s latest magazine click here.last_img read more

Boys Tennis Sectional Results

first_imgBoys Tennis Sectional ResultsThursday  (10-3)Sectional 16 @ South DearbornOldenburg  4     Milan  1Batesville  3     East Central  2Sectional 13 @ ConnersvilleConnersville  3     Franklin County  2Rushville  5    Union County  0Sectional 27 @ Jennings CountySouthwestern  3     Jennings County  2Greensburg  5     Madison  0last_img

Match Reports: Senior Hurling games

first_imgThe first of a double-header in Boherlahan saw JK Brackens overcome Knockavilla Donaskeigh-Kickhams.John O’Shea was at the game for Tipp FM Sport.Cappawhite battled it out with Moneygall in the Ragg. Eugene Ryan was at the game for Tipp FM Sport.Killenaule were up against Éire Óg Anacarty/Donohill.Stephen Gleeson was at the match for Tipp FM Sport.Three senior hurling championship games threw-in at half six. Nenagh Éire Óg are against Templederry Kenyons in Toomevara. In Holycross Clonoulty-Rossmore take on Ballina while in Templemore Upperchurch-Drombane will face-off against Kildangan.last_img read more

Junior paddler Swastika Gosh facing financial crisis in Mumbai due to lockdown

first_img Written By COMMENT 1 month ago 2 injured in firing by group of people in outer Delhi’s Narela First Published: 8th August, 2020 14:26 IST Last Updated: 8th August, 2020 14:26 IST Junior Paddler Swastika Gosh Facing Financial Crisis In Mumbai Due To Lockdown Swastika Ghosh is facing acute financial crisis due to the coronavirus-forced lockdown and her family is contemplating returning to her native place World number five junior paddler Swastika Ghosh is facing acute financial crisis due to the coronavirus-forced lockdown and her family is contemplating returning to her native place near here as they are struggling to even pay the room rent in Mumbai.Swastika’s father Sandeep, who is also her coach-cum-training partner, is rendered jobless for more than four months and he is finding it difficult to pay the rent of the house they are staying at Navi Mumbai.Sandeep was a table tennis coach at the DAV Public School at Nerul but since the lockdown, he is under “no work, no pay”. He has been forced to spend all his provident fund savings to make the ends meet.”Everyday Swastika needs food supplements worth about Rs 1200 to compensate for her six hours’ training. Everything has stopped now and if the lockdown continues like this we may have to quit and return to Bengal,” the Level 2 coach, who has been in Mumbai since 1992, told PTI.”I had about Rs 60,000 left in my provident fund that also I’ve spent and later borrowed some money from my in-laws. We are left with no saving now and there’s no way I can fund her training expense now.”He said the family was thinking of going back to their native place at Andul, a suburb of Kolkata.”At least we have a shelter there.” he said. “I just hope that the school reopens and training resumes soon, otherwise everything is doomed for us,” the 52-year-old said.Having become the cadet national champion at nine years of age in Ajmer 2013, Swastika made rapid strides in the last two years, improving her world junior rankings from 278 in January 2018 to a career-best fifth in April this year.Swastika is currently the top-ranked Indian junior with national champion Diya Chitale a distant 38 in the TTFI world rankings.”It’s the result of her exposure in Golden and Premier Series meets over the last two years. She has won about eight bronze medals at international level. But now we are uncertain what the future holds for her.”Sandeep said he had written to both the central and state government, apart from the Maharashtra federation but there’s been “no response” yet.”I had written to sports minister Kiren Rijiju and the state sports department here but there has been no response. Even the Maharashtra federation is turning a deaf ear to our plight.”The only help they have got is from the Bengal Chamber which is funding her with Rs one lakh through a charity musical event.”It will be quite a help and will run for a few months. I just hope the situation normalises by then and we are back at training,” said Sandeep.If all goes well, Swastika is targeting a medal at the World Junior Championships in Guimaraes, Portugal, from November 29-December 6.”It will be history if she wins a world championship medal. We will try our best. The next target is to do well at youth level and make the cut at senior level. If she improves her ranking at least the Ministry can consider her including in the TOP Scheme,” Sandeep said. 1 month ago ON TAPE: Sushant’s aide questions Sandip Ssingh’s role in death, draws link to Disha WATCH US LIVE LIVE TVcenter_img FOLLOW US WE RECOMMEND Press Trust Of India 1 month ago Delhi: 2 held for stabbing, looting man 1 month ago The many warped inconsistencies in Sushant’s so-called friend Sandip Ssingh’s narrative SUBSCRIBE TO US 1 month ago Kerala gold smuggling case: NIA arrests two more accused; gets custody for 4 dayslast_img read more

Cross-party MPs call for £2 stake limit on online slots

first_img Related Articles StumbleUpon Share In a bid to mitigate the risks associated with online gambling, the Gambling Related Harm All-Party Parliamentary Group (GRH APPG) has requested that a £2 limit is introduced on all online slot machine games.The request follows on from a six-month review into the impacts of problem gambling, with the group underlining that further action from the Government and the UK Gambling Commission (UKGC) is necessary to combat the issue.The cross-party group has argued that there is no justification for online slot games to have stake levels above the £2 limit which is currently in place across retail venues, with the APPG highlighting ‘the disparity in content controls and stake and deposit limits between online and offline games.’The GRH APPG, chaired by Carolyn Harris MP, took evidence from, among others, academics, problem gamblers, banks, charities and online gambling operators.Commenting on the report, Harris said: “This report highlights the urgent need for a root and branch review of the regulation of online gambling. Stakes and prize limits online would be a major step forward in reducing the harm caused by the sector.“It is not at all clear why the Gambling Commission is not looking at this as a matter of urgency. It is an abdication of its responsibility as a regulator. There must be consistent and appropriate regulation of all forms of gambling.“I also urge the Government to urgently review the provision of research, education and treatment in the sector. Gamble Aware are not effectively carrying out this function and it should immediately be brought into a public health setting.”The review carried out by the GRH APPG also emphasised that the UKGC is currently reviewing other aspects of online gambling regulation, however pointed out that the regulator has ‘made no mention of what is clearly one of the key issues to address – stake and prizes online.’The group calls on online gambling operators to sign its ‘Charter for Regulatory Reform’, to signal their intention and support for the policy proposals and recommendations, outlined in its report.As part of its recommendations, the GRH APPG has highlighted an ‘urgent need’ to ban the use of credit cards on online gambling sites, while additional and improved affordability checks are pivotal in tackling online problem gambling.VIP accounts and inducements offered to gamblers are also addressed as part of the review, with the cross-party group stressing that such features should be restricted.The report also recommended that online gambling operators significantly improve the measures they take to protect vulnerable and at-risk gamblers. Operators should also simplify their terms and conditions for easy comprehension.Vice-Chair of the GRH APPG, Rt Hon Iain Duncan Smith, added: “It is clear from this inquiry that the powers of the Gambling Commission need to be significantly strengthened. For too long, online gambling operators have exploited vulnerable gamblers to little or no retribution from the regulator.“I therefore urge the Commission to look into this issue in greater depth. It is outrageous that there are not stake limits online, that gamblers are still able to gamble using credit cards online and that operators are able to continue to offer inducements to the vulnerable without proper sanction.”GRH APPG has also suggested that a ‘smart statutory levy’ of 1% is introduced to fund research, and that the commissioning of research be transferred from GambleAware and the Gambling Commission to independent UK research councils and a public health setting.Due to the political context, the group is yet to meet with the new Gambling Minister or any representative from the Gambling Commission. The group has confirmed that it will publish its full report after its final hearings.Vice-Chair of the GRH APPG, Ronnie Cowan MP concluded: “It appears that the business model of some of these online gambling companies encourages and drives harmful gambling behaviour.“These operators use various marketing and technological tools to extract as much money as possible from vulnerable gamblers, then use NDAs to cover up wrongdoings. This cannot continue to happen. The next Government and the Gambling Commission need to take radical actions to reduce gambling related harm.” Submit Share YGAM focuses on BAME community engagement with CVR link-up August 21, 2020 GambleAware: Engage those with lived experience of gambling harms August 28, 2020 maintains momentum against COVID-19 impacts August 19, 2020last_img read more

Ghana FA consoles family of deceased referee

first_imgThe Ghana Football Association has sent their heart felt condolences to the family of the referee Kyei Andoh who died last Friday.His death was reported five days after fans assaulted him during a third-tier two game in the Western Region.The Ghana FA has come under pressure to crack the whip on the perpetrators of such barbaric act.Although an autopsy report is yet to come that the referee died as a result of the beatings he received, the Ghana FA regrets what happened.“We will take this opportunity to send our condolences to the family of Kyei Andoh his father, mother and his wide chain of loved ones,” Ghana FA spokesperson Ibrahim Sannie-Daara said.” It’s a very serious issue and the FA is waiting on the autopsy before we can firm out any step to take. “There are going to be stiff punishment meted out to fans who misbehave at our stadia.“We have such measures in place already in the league but we could look more into jailing people for football violence.”last_img read more

“Ice Skating on Iron’ – Winter Activity of Citizens of Sarajevo 125 years ago

first_imgBack in 1891, Sarajevo had ice surface where both old and young people could skate during the winter months.More specifically, this recreational sport was called “ice skating on iron” and it took place on “garrison ice surface for male and female members of the casinos.”Take a look at how the Sarajevo newspaper wrote about the fun on the ice.(Source:

Wellington Fire/EMS weekly run report: April 11 – April 17, 2016

first_img13-Apr1:19 PMMedical Emergency100 block W. Botkin 15-Apr10:09 PMMedical Emergency1300 block E. 16th 12-Apr12:15 PMInjury Accident20th Avenue & Seneca 11-Apr7:22 AMPower Lines Down14th & Blaine 11-Apr9:54 PMMedical Trauma500 block North Plum 16-Apr8:19 AMMedical EmergencyA & 19th 13-Apr12:25 PMTransfer to Wichita 14-Apr12:21 PMMedical Emergency900 block N. Blaine 16-Apr10:52 AMCitizen Assist1000 block College 17-Apr11:38 AMMedical Emergency100 block Crestway 17-Apr2:03 AMDisregarded Enroute Sumner Newscow report — The following is the fire/EMS weekly run log for April 11 to April 17, 2016 11-Apr7:31 AMPower Lines Down300 block North C 11-Apr2:13 AMTransfer to Wichita Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments 13-Apr1:57 PMTransfer to Wichita 14-Apr10:43 PMMedical Emergency1400 block S. Prairie Rd. 12-Apr8:19 AMMedical EmergencyOxford 15-Apr2:44 PMMedical Emergency900 block W. 7th 17-Apr5:04 PMMedical Trauma700 block W. Harvey Wellington Fire and EMS Weekly Run Log 17-Apr9:46 AMDisregarded Enroute 17-Apr6:21 AMMedical Emergency1100 block N. Poplar 15-Apr2:49 PMTransfer to Wichita 16-Apr7:10 PMMedical TraumaOxford 17-Apr7:32 AMMedical Emergency1600 block W. 8th 12-Apr6:19 PMMedical Emergency1100 block N. Jefferson 13-Apr1:05 PMInvestigate Smoke200 block S. US 81 15-Apr11:57 PMTransfer to Wichita 13-Apr3:50 AMMedical Emergency800 block N. Woodlawn 11-Apr11:56 AMTransfer to Wichita 15-Apr1:44 AMElectrical Outlet Fire1600 block North C 15-Apr11:38 AMFire Alarm900 block N. Woodlawn 14-Apr2:40 PMControlled Burn200 block S. Seneca 16-Apr8:19 PMPower Lines Down700 block N. Blaine 16-Apr3:22 PMMedical TraumaWorden Park 16-Apr11:57 PMTransfer to Wichita Follow us on Twitter. 13-Apr2:15 AMTransfer to Wichita 12-Apr9:36 PMMedical Emergency1100 block N. Jefferson 13-Apr10:22 PMMedical Emergency400 block South C 17-Apr2:44 PMTransfer to Wichita 17-Apr12:42 PMMedical Trauma1600 block W. 8th 14-Apr7:23 PMMedical Emergency800 block North B 11-Apr7:44 PMMedical Emergency600 block E. Hillside 16-Apr3:57 PMFire Alarm1100 block E. 16th 16-Apr1:39 PMMedical Trauma1500 block W. Harveylast_img read more