Category: cxckoymh

Anglo American Plc getting ready to exit thermal coal market

first_imgAnglo American Plc getting ready to exit thermal coal market FacebookTwitterLinkedInEmailPrint分享Bloomberg:Anglo American Plc will get out of thermal-coal mining in the next few years, following larger rivals in exiting the dirtiest fuel as investors ratchet up pressure over climate issues.“We are in a transition and we will end up without material thermal coal,” Anglo Chief Executive Officer Mark Cutifani said in an interview Monday in Cape Town. “You’re not talking five years; it’ll be earlier than that.”Anglo has spent decades positioning itself as an environmental and social champion, from treatment plans for employees with HIV or tuberculosis, to developing new ways to mine with less water. Yet it risks getting left behind on thermal coal, after Rio Tinto Group sold its last coal mine in 2018 and BHP Group looks at options to exit the business.That would leave Anglo and Glencore Plc as the only two large Western mining companies with thermal coal assets.“We would like to put more clarity around the transition as it goes forward,” Cutifani said. “If it’s done in my tenure, I’ve given my successor a running start.”Most of Anglo’s thermal coal assets are in South Africa and the transition will need to be handled carefully because of the impact it may have on government relations and communities in the country.[Thomas Biesheuvel, Felix Njini]More: Anglo American CEO says he’s getting ready to exit thermal coallast_img read more

Myanmar election: Aung San Suu Kyi hopes to hold power as country votes

first_img– Advertisement – In October, Myanmar’s election commission cancelled voting in large parts of Rakhine state – where fighting between the military and the Arakan Army, comprised mainly of the Buddhist Rakhine ethnic group, has killed dozens and displaced tens of thousands.last_img

People’s Choice Awards 2020: Everything to Know

first_img– Advertisement – “This is up to the people, and in fact, this has always been the awards show that has always meant the most to me because they are the ones who get to vote,” the 28-year-old “Still Have Me” songstress said on Late Night With Seth Meyers earlier this month. “They are the ones casting the decisions, and it’s not up to some academy, you kno, that is political or whatever. This is up to the people, and that’s what this year has been about listening to the people. Finally, we’re doing it again, but it’s going to be less pressure and more fun.”Lovato also told Seth Meyers that she was more nervous to sing the national anthem at the Super Bowl in February than host the PCAs.“I’m pretty excited you know, I don’t feel like there is too much at stake,” she joked. “When it comes to the national anthem or the Super Bowl there is a little bit more pressure than hosting an awards show. Just because if you mess up the lyrics then people come after you as an American.”- Advertisement – She added, “It wasn’t until this year that I really started exploring the things that bring joy to my life in little ways.”Scroll through to learn more about the PCAs, including how to watch Lovato’s hosting gig: A lot has happened in Lovato’s personal life since she took the stage at the Super Bowl in Miami. Us Weekly broke the news in March that the “Sorry Not Sorry” songstress was dating actor Max Ehrich. After the pair quickly moved in together amid the coronavirus pandemic, Ehrich popped the question in July. By September, the twosome had called it quits.“[This year has] been such a roller-coaster. I mean, honestly, for me, the beginning of the year started out, I was on this trajectory to have a pretty eventful career, and I was planning my comeback,” Lovato, who completed a stint in rehab in 2018, said on Today with Hoda & Jenna on Thursday, November 12. “I think the most important thing that I’ve learned is how much I am OK with myself and loving myself.”- Advertisement – The people have spoken! The 2020 People’s Choice Awards are set to broadcast live from Barker Hangar in Santa Monica for the third year in a row.E! tapped Demi Lovato to host the ceremony on Sunday, November 15.- Advertisement –last_img read more

Governor Wolf Signs Executive Order to Improve Job, Skills Training as Part of PAsmart Initiative

first_imgGovernor Wolf Signs Executive Order to Improve Job, Skills Training as Part of PAsmart Initiative July 11, 2018 Bill Signing,  Economy,  Education,  Efficiency,  Government That Works,  Jobs That Pay,  PAsmart,  Press Release,  Workforce Development YORK, Pa. – Governor Tom Wolf was joined by labor and business leaders, including Microsoft, and several cabinet secretaries today to launch the next phase of PAsmart, a first-of-its-kind $30 million investment in workforce development. During the press conference in York, the governor signed an executive order to cut red tape and improve coordination between several state agencies to more effectively deliver workforce development services to Pennsylvanians.“PAsmart is bringing together labor, industry, the tech sector, education, state government and more to connect people of all ages with STEM and computer science education, apprenticeships and other training needed to get good, middle class jobs,” said Governor Wolf. “By listening to workers and businesses, we will focus job training on in-demand jobs, create a talented workforce, and grow the economy for everyone.”PAsmart is built on recommendations of the governor’s Middle Class Task Force, which last year brought together the leaders from the Pennsylvania AFL-CIO, Pennsylvania Chamber of Business and Industry, education, and workforce development. The task force held listening sessions throughout the commonwealth and heard a clear message: There are jobs without trained people to fill them and some workers need new skills, but a four-year college is not for everyone and a one-size fits-all approach will not work.“PAsmart is the result of stakeholders collaborating to equip current and future working Pennsylvanians with the skills they need in the 21st Century workforce,” said Pennsylvania AFL-CIO President Rick Bloomingdale. “This proactive response to Pennsylvania’s needs encourages comprehensive investment in our workforce through results-oriented approaches like high-quality apprenticeships and training programs that develop a worker’s skills while they earn a living wage. Governor Wolf’s PAsmart initiative and his bold efforts in workforce development breaks down bureaucratic barriers to promote innovation.”“One of the consistent themes that came before the Middle Class Task Force was the need to strengthen workforce development programs in the Commonwealth,” said PA Chamber President and CEO Gene Barr. “Pennsylvania’s diverse employment needs across a wide range of industries provide ample job opportunities. However, the existing jobs skills gap within our workforce makes it difficult for employers to find qualified job candidates. Working together, business; labor; the education community and state government can strengthen workforce development programs and meet the needs of Pennsylvania’s changing workforce.”PAsmart invests $20 million in computer science and STEM learningThe demand for jobs in science, engineering, math and technology (STEM) and computer science is rapidly growing. An estimated 700,000 STEM jobs will be available in Pennsylvania this year, and over the next decade, seven in 10 new jobs will require workers to use computers and new technologies in a constantly changing economy.PAsmart will:• Increase STEM and computer science training for K-12 students;• Increase the number of STEM and computer science educators;“Investments in computer science education sustain American innovation,” said Allyson Knox, Senior Director of Education Policy with Microsoft. “PAsmart will help train teachers and expand access to computer science education for all Pennsylvania students, ensuring they have access to the skills needed for the modern workplace. We applaud the leadership of Governor Wolf and the Pennsylvania legislature.”Earlier this year the State Board of Education, acting on the governor’s request to make computer science education available to all students, endorsed the Computer Science Teacher Association (CSTA) K-12 Standards. In STEM training, Pennsylvania is a national leader, ranking fifth for the number of STEM graduates and is home to five STEM learning ecosystems.PAsmart invests $10 million in apprenticeships, job trainingTo develop a stronger workforce pipeline, by 2025, the governor has set a goal of increasing the number of workers with training after high school from 47 percent today to 60 percent, as well as doubling the number of registered apprentices.PAsmart will:• Invest $7 million to expand apprenticeships in traditional and non-traditional occupations, including youth pre-apprenticeship and registered apprenticeships at high schools and career and technical centers, and encourage businesses, community colleges and other higher education providers to expand registered apprenticeships and work-based learning experiences for adults.• Provide $3 million increase to build on the Department of Labor and Industry’s successful Industry Partnerships program, which connects similar businesses with educational and economic development partners to provide the job training.Executive Order Enhances Workforce DevelopmentThe governor signed the executive order at the York Campus of HACC, Central Pennsylvania’s Community College. The executive order places the Pennsylvania Workforce Development Board (PA WDB), the governor’s private sector policy advisor, in a leading role to coordinate job training strategies across the public and private sectors and multiple state agencies.The PA WDB ensures the workforce development system is meeting employers’ needs for skilled workers and workers’ needs for career and economic advancement. The majority of board members are business leaders. Other members include labor officials, education leaders, economic development practitioners, local elected officials and the secretaries of the departments of Aging, Agriculture, Community and Economic Development, Corrections, Education, Human Services and Labor and Industry, and Policy and Planning.Under the executive order the PA WDB will:• Report to the Governor Office.• Improve coordination among state agencies to provide the most effective services.• Add the departments of Aging and Corrections, to increase access to apprenticeships and job training for older workers and to help reentrants get the skills for meaningful employment.• Develop stronger reporting requirements and use data to create policies, initiatives, strategies, and programs.“I applaud Governor Wolf for his leadership in developing the innovative PAsmart initiative,” said Jeff Brown, Chairman of the PA WDB and owner of Brown’s Super Stores, Inc in the Delaware Valley. “We believe this effort will result in high-quality jobs for Pennsylvania’s workers, while also supporting businesses’ growing need for skilled workers. The Pennsylvania Workforce Development Board is excited about its role in implementing this initiative in a coordinated, strategic way.”Additionally, the PA WDB will provide recommendations on the distribution of the $30 million in PAsmart funding, which will be driven out through a competitive grants process. Organizations that will be eligible to apply include: local education agencies; intermediate units; postsecondary institutions; local workforce development boards; public libraries; employers; labor organizations; chambers of commerce; after-school providers; education, training and workforce providers; nonprofits; community organizations, and others.NOTE: Video, audio, and photos from this event will be available for download later today in an email from the Pennsylvania Internet News Service (PINS). To register for PINS emails contact, SHARE Email Facebook Twitterlast_img read more

Asset management roundup: FCA clamps down on closet trackers

first_imgShe said the regulator had discussed this as part of the proposed remedies in the final report on its asset management market study. This was carried out to assess whether the asset management industry was delivering value for money for investors. The FCA said there was around £109bn invested in funds labelled as active but that closely mirrored the market and were significantly more expensive than passive funds.  In her article, Butler said not all of the funds covered by the figure were closet-trackers. Instead, the figure referred to the amount invested in “partly active” funds that were significantly more expensive than traditional passive funds. This reinforced the central finding in the FCA’s study, she said, namely that price competition in asset management was weak in a number of areas. Better Finance, a Brussels-based consumer finance organisation, said the FCA was the first EU supervisor “to force closet indexers to indemnify their victims”. It called on the regulator to name the 64 funds.Robecco extends tobacco ban Robeco will no longer invest in the tobacco industry in its mutual funds, extending a policy that already applies to its sustainable fund range.The exclusion will be implemented for its mainstream funds, including sub-advised funds, by the end of September, the Netherlands-headquartered asset manager said today.Robeco said the decision was based on an inability to engage with the tobacco industry to lead to fundamental change, and the announcement last year by the UN Global Compact to exclude tobacco companies from the initiative.BNP Paribas made a similar move last week.TOBAM, ChinaAMC launch China A-Shares smart beta strategy Quantitative manager TOBAM and China Asset Management Company (ChinaAMC) have developed a China A-shares investment strategy that they are pitching as an alternative to investing based on market cap-weighted indices.The strategy based on TOBAM’s Anti-Benchmark process and “aims at delivering the risk premium of the asset class via diversification, which seeks to translate into both excess return and reduced volatility versus the corresponding market cap-weighted index”, the managers said in a statement.Last year MSCI announced it would include China A-shares in its emerging market benchmarks for the first time.Xiaodong Tang, CEO of ChinaAMC, said: “Chinese clients have shown interest in various smart beta strategies with pre-defined screening and weighting rules that overlay simple exposure to equity classes, and we expect these strategies to gain traction.”Mediobanca takes over Switzerland’s RAM AI Italy’s Mediobanca has acquired a 69% stake in Swiss boutique manager RAM Active Investments (RAM AI), buying shares from the Reyl Family and the manager’s employees. REYL Group, the historical shareholder, will retain a 7.5% stake and the founding partners of RAM AI will retain “significant” stakes, according to a statement.Mediobanca will contribute CHF200m (€171m) of seed money to help RAM Active Investments launch new investment products.The 69% stake in RAM AI adds €4.3bn of assets under management to the Mediobanca group.RAM AI runs fundamental systematic equity and discretionary fixed-income funds.  Hermes publishes gender pay gapHermes Investment Management published a legally-required report on gender pay this week, revealing a gap of 30.2%.Saker Nusseibeh, chief executive of the £33bn asset manager, said the figure was likely to be on par with the rest of the asset management industry, but it was “simply not good enough”.Senior female representation would need to increase across the company to close this gap, especially in its investment and business development businesses, the company said.As at August last year, 23% of senior managers across the company were female.All UK employers with 250 or more employees must disclose their gender pay gap every year. Aberdeen Standard Investments and Jupiter Asset Management have disclosed similar data.Natixis reveals new nameNatixis Asset Management will be renamed Ostrum Asset Management as of 3 April.The company is part of Natixis Investment Managers, which is aligning its multiple subsidiaries’ brands as part of a strategic plan.Ostrum means “purple coloured” in Latin. Fund managers have paid £34m (€38m) to UK investors as compensation for not being clear about how they were managing certain funds.Writing about the Financial Conduct Authority’s (FCA) work on so-called closet trackers in the daily newspaper The Telegraph this weekend, Megan Butler, executive director of supervision for investment, wholesale and specialist at the regulator, said it had reviewed 84 potential closet tracker funds. Of these, 64 were required to make it more clear how constrained the funds were.The other 20 were adequately describing how they were managed, she said. An enforcement investigation was ongoing against one firm.“We expect fund managers to take their duty to their consumers seriously,” wrote Butler. “They should manage their funds the way consumers expect them to and tell consumers what they are doing. That is why clear promotional material for investment funds is a priority for us.”last_img read more

Young Brothers to Inject USD 180 Mn in New Ships

first_imgHawaii’s shipping company Young Brothers Ltd plans to invest up to USD 180 million in new vessels and equipment by the end of 2018.The company, which has undergone a fleet modernization initiative to meet neighbor island cargo needs into the next generation, said it will invest in new vessels and shore-side equipment, including four new large 11,700-ton capacity barges as well as a 5,600-ton multi-deck roll-on/roll-off barge for vehicle transportation that is currently in service.In addition, in 2016, Young Brothers launched the construction of four new 6,000 HP American-built tugs that are slated to begin service in the middle of 2018.These investments will enhance operational efficiency for the company and improve reliability for Hawaii customers, according to Young Brother’s parent company Saltchuk.Saltchuk acquired Young Brothers and Hawaiian Tug & Barge from Hawaiian Electric Industries in 1999.last_img read more

VALUE YOUR VOTE 2017: Gender Identity Ideology In Schools

first_imgOur children are being indoctrinated with the message “Gender refers to how you identify, someone can identify as male, female, in between, both, or neither.” The PPTA has told secondary schools that “Gender identity refers to what a person thinks of as their own gender, whether they think of themselves as a man or as a woman, irrespective of their biological sex”, and that schools must not only recognise these forms of diversity, but affirm them. The Human Rights Commission has published guidelines to recognise the rights of children as young as five to use the changing room, play in the sports team, and even share bunkrooms on school camps that match their ‘gender identity’. But a recently released report which analysed over 200 peer-reviewed studies in the biological, psychological, and social sciences, concluded:The belief that gender identity is an innate, fixed human property independent of biological sex—so that a person might be a ‘man trapped in a woman’s body’ or ‘a woman trapped in a man’s body’—is not supported by scientific evidence.Only a minority of children who express gender-atypical thoughts or behaviour will continue to do so into adolescence or adulthood. There is no evidence that all such children should be encouraged to become transgender, much less subjected to hormone treatments or surgery.It’s time that the Ministry of Education placed priority on scientific evidence and sound medical practice, rather than bowing to ideology and special interest groups pushing an agenda. In the school setting, girls have a right to privacy, especially in situations where they feel particularly vulnerable, like a toilet, changing room or showers. Gender identity ideology simply confuses and harms children and young people, and ignores biological reality.READ MORE: http://www.askmefirst.nzlast_img read more

AquaTrojans Win Over Centerville Bulldogs

first_imgThe AquaTrojans remain undefeated on the season as the Bulldogs from Centerville traveled to St. Leon on Monday night.  SDMS girls won 121-61 while the SDMS boys won 111-56.   Individual winners include: Lilianah Alvearez – 200 Freestyle; Issac Quick – 200 Freestyle; Aubree Popen – 200 IM, 500 Freestyle; Kennedy Shuler – 200 IM; Henry Strotman – 50 Freestyle, 100 Backstroke; Bree Cleary – 1 meter diving; Elle Jankovsky – 100 Butterfly; Kyle Goodwin – 100 Butterfly; Adam Stephenson – 100 Freestyle; Riley Reany – 100 Backstroke;  Madison Brown – 100 Breaststroke; Andrew Strotman – 100 Breaststroke.  SDMS won 5/6 relays yesterday.  Quick turnaround for the Trojans as they travel to Connersville on Tuesday night.   Go AquaTrojans!!! Courtesy of AquaTrojans Coach Brandon Loveless.last_img read more

Governor DeSantis Signs Bill Allowing Paramedics To Be Armed

first_imgThe Broward County sheriff and the Chiefs of Police Association pushed for the change, which takes effect July First. Paramedics can pack in Florida now that a new law has passed.Deputies and police officers in Broward County are claiming victory in their fight to allow paramedics to arm themselves in situations like the Parkland mass shooting.Governor Ron DeSantis last week signed a bill that allows paramedics to be armed in high-risk situations. Thank you @GovRonDeSantis for signing this good legislation. I am proud to stand with our first reposnders as a cosponsor of this bill that provides SWAT Medics with the resources they need to save lives. #ThankYouFirstResponder— Chip LaMarca (@ChipLaMarca) June 11, 2019last_img read more

NBA: Clippers’ Patrick Beverley fined for throwing ball into stands

first_imgAlso read | NBA: LeBron James is the 8th highest-paid sportsperson in the worldNBA news: Patrick Beverley’s reaction on being fined  WATCH US LIVE Devika Pawar First Published: 24th October, 2019 16:00 IST WE RECOMMEND It’s ok. I won’t change❗️❗️❗️— Patrick Beverley (@patbev21) October 24, 2019 10 months ago NBA 2019-20: Live streaming details and broadcast schedule in India 10 months ago NBA: Kawhi Leonard leads Clippers to a 112-102 win over Lakers Sorry #clippernation I tried to give y’all the game ball. Guess I can’t do that.— Patrick Beverley (@patbev21) October 24, 2019 COMMENT Clippers guard Patrick Beverley tossed the ball into the stands last night to celebrate a win over the Lakers. The league just fined him $25,000 for it.— Andrew Greif (@AndrewGreif) October 23, 2019 Also read | Watch NBA chief Adam Silver present replica ring to a Raptors fanAlso read | NBA news: Watch PJ Washington break NBA record by scoring 7 3s Written Bycenter_img Last Updated: 24th October, 2019 16:00 IST NBA: Clippers’ Patrick Beverley Fined For Throwing Ball Into Stands LA Clippers guard Patrick Beverley was recently charged a reported $25,000 fine by NBA for throwing the game ball into the spectators stand. Details here. 10 months ago NBA news: Watch PJ Washington break NBA record by scoring 7 3s LIVE TV Also read | 76ers top Celtics 107-93 in 1st battle of East favouritesPatrick Beverley shared a message he received on Twitter, responding to it by saying that he won’t change. The message was by the wife of the man who caught the ball. The wife admitted to feeling awful about the fine that Beverley was charged and that her husband has always been a Clippers fan. They have been season ticket holders for 19 years and assured Beverley that even though he was fined, he made a fan really happy. They offered to help any way they can and wished the player best of luck.  Clippers also tweeted about it, joking about the fact that Beverley got paid and can afford to do such things. Beverley replied by saying that he only wanted to give the fans the game ball, but cannot do that anymore. He later apologised in all caps, saying that he found the fans to be so great, he only wanted to give them the ball.  LA Clippers guard Patrick Beverley has been fined a reported $25,000 by the NBA on Thursday after he threw a ball to the spectators stand. Kiki VanDeWeghe, Executive Vice President of Basketball Operations, announced it on Wednesday, October 23. The event took place during the LA Clippers vs LA Lakers match on Wednesday at the Staples Center. LA Clippers beat LA Lakers 112-102.  FOLLOW US SUBSCRIBE TO US Fans were so great tried to give them the GAME BALL!! SORRY #ClipperNation— Patrick Beverley (@patbev21) October 24, 2019 10 months ago NBA: LeBron James is the 8th highest-paid sportsperson in the world 10 months ago Dream11 BOS vs PHI: Team news, predictions and other NBA updateslast_img read more