Very, very dull: What happened to India’s white-hot cryptocurrency market

first_imgA chill has set into the cryptocurrency market, especially in India.Tightening regulation and policy ambiguity have sucked the life out of trading in the past few months, though industry insiders say the phase may be temporary.“The market is very, very dull,” said Sathvik Vishwanath, co-founder and CEO of Unocoin, a bitcoin exchange.Read it at Quartz Related Itemslast_img

Suspicion of graft is on CWG OC: Delhi CM

first_img(From right to left) Lt Governor of Delhi Tejender Khanna, Suresh Kalmadi, Organising Committee Chairman of XIX Commonwealth Games, and Delhi Chief Minister Sheila Dikshit during the closing ceremony of the mega sporting event at Jawaharlal Nehru Stadium in New Delhi on Thursday evening. PTIDelhi Chief Minister Sheila Dikshit on Saturday said the “suspicion” of corruption in the Commonwealth Games is on the Organising Committee headed by Suresh Kalmadi and welcomed the “instantaneous” probe ordered by Prime Minister Manmohan Singh which would clear the “cobwebs”.Dikshit said the corruption could have taken place in the activities undertaken by the Organising Committee to which the Central government had given loans to the tune of Rs 1,600 crore.Boos for Kalmadi at CWG opener | Probe can spell trouble for Kalmadi | Kalmadi deflects blame on to others | Spl: CWG | WATCH VIDEOSonia Gandhi, who is seen with Rahul, met medallist sportspersons in Delhi on Saturday. PTIShe was of the view that Kalmadi, who is the target of attack over the mess that was witnessed in run up to the Games, had failed to “win confidence” of people.”We feel relieved and happy (at the successful Games). But what is disturbing is the corruption charges. They are very disturbing,” Dikshit said in an interaction with PTI journalists.”The fact that the Prime Minister has taken almost an instantaneous decision to order probe into the whole thing and have the picture ready by January, that I think is very heartening,” she said.The Prime Minister set up a high-level committee headed by former CAG V K Shunglu to probe the organising of the CWG, a day after the mega sporting event got over.advertisementDikshit, who answered a range of questions on CWG preparations and the controversies surrounding it, underlined that the allegations of corruption are “not going to be pushed under the carpet”.She said the “real corruption seems to be with regard to the money given as loans (to the OC)”.Noting that infrastructure development was the government’s job, the Chief Minister said the Centre had given “a number of loans (to OC) and that is where the real corruption is. There may have also been (corruption) in some government departments. I am not ruling that out.”Referring to probe ordered by the Prime Minister, she said, “I think only this committee which has been set up will be able to clear the cobwebs. At the moment the suspicion is very much on the OC.”PM, Sonia’s felicitation events were for medallists only: CongCongress on Saturday sought to distance itself from the issue of Kalmadi being left out of two felicitation programmes, saying only medal winners were invited to the events hosted by Prime Minister Manmohan Singh and Congress President Sonia Gandhi.”Only the medal winners had been invited and not the Organising Committee,” party spokesman Mohan Prakash said when asked why was Kalmadi not invited by Singh and Gandhi in their interaction with the medal-winning athletes.Prakash said that the government has already ordered a probe into the allegations of irregularities and corruption soon after the mega event was over.”The entire country and world have praised the hosting of the Games… But the government has also ordered an investigation into allegations of irregularities as per its commitment for transparency,” the spokesman said.Home Min, IAF at odds over UAV scare during CWGThe Indian Air Force and Home Ministry are at odds over an Unmanned Aerial Vehicle (UAV) that had been positioned over the Jawaharlal Nehru Stadium during the opening ceremony of the Commonwealth Games on October three.Home Ministry sources had let it be known that the UAV had come down below its specified height of 6,000 ft creating a security scare.However, IAF spokesperson Priya Joshi claimed in a press release on Saturday that the UAV maintained the designated height as per the Standard Operating Procedure and did not descend below 6,000 ft.The UAVs were put into operation for maintaining an aerial vigil during the 12-day sporting extravaganza.30 CWG medalists from Haryana to get Maruti carsThirty medalists of the Commonwealth Games (CWG) from Haryana and two others – Saina Nehwal and Sushil Kumar – having connection with the state would get Maruti cars.The 15 gold medalist from Haryana and Saina Nehwal and Sushil Kumar would also be given Maruti SX4 luxury cars of Maruti located in Gurgaon, an official spokesman said in Chandigarh on Saturday.Seven silver medalist players would be given Maruti Dzire and eight bronze medalists from the State of Haryana would be given Wagon R cars.advertisementAiyar claims hosting of CWG didn’t help Indian athletesIn New York, former Sports Minister Mani Shankar Aiyar, arguably the most ardent critic of the just-concluded Commonwealth Games, still thinks India should not have hosted them, claiming that instead of offering more facilities to athletes, sports bodies were focusing on organising events.”My criticism is never ever with the Indian athletes, Instead I believe if this Commonwealth Games was to be held anywhere else we still would have won all the medals,” the Congress leader said.”In this game they have won (medals) not because they are provided with special facilities as a home team. They won in spite of the fact that the facilities which any home team expects from the games were denied to them owing to the incompetence of our sports officials and others connected with the organising committee,” he told a TV channel.Aiyar said the expenditure on the mega sporting event had gone up by four times than the annual budget of the rural health mission.With inputs from PTIlast_img read more

Wayne Rooney rules out future move to new Premier League club

first_imgEngland striker Wayne Rooney says it is highly unlikely that a scenario would arise causing him to switch allegiances to any Premier League side other than Manchester United or boyhood club Everton in the future.The 30-year-old, who will captain his country at the European Championship in France, joined United as an 18-year-old from Everton in August 2004, in a move that drew criticism from sections of the Goodison Park fan base.However, Rooney, who has won five league titles with United, thanked both the clubs for their support throughout his career.”Manchester United and Everton are the only clubs I have played for as a professional footballer,” he told United’s club wesbite (www.manutd.com).”I am happy to say now that, whatever may happen in the future, I will never play for another Premier League club.”Everton and United, along with my family, gave me the support and opportunity to help me achieve my goals and dreams.Rooney’s only two league clubs will face off in his testimonial at Old Trafford on Aug 3.last_img read more

Thane jailor suspended after constable alleges molestation

first_imgMumbai, Sep 3 (PTI) Prison Department has suspended superintendent of Thane District Jail Hiralal Jadhav, who is accused of molestation by a woman staffer.Confirming the suspension, DIG (Prison) Bhushan Upadhyay said, “Serious offence was registered against Jadhav and such behaviour from a senior cop is neither expected nor acceptable.”Jadhav yesterday filed anticipatory bail before the Thane district court. District judge M M Walimohhmed adjourned the hearing, calling for the prosecutions reply.Police on August 31 had registered a case of molestation under section 354 of Indian Penal Code against him.The 31-year-old complainant, a woman constable, had alleged that Jadhav misused his position and outraged her modesty.According to sources, the constable was posted at the Thane jail few months ago and had requested the jail superintendent to settle issues regarding her quarter (government accommodation) allotment. PTI APM ARS ASVlast_img read more

Happy Durga Puja: 5 times Bollywood brought in Maa Durga and won Bengalis over

first_imgIt’s that time of the year. Maa Durga is at our doorstep, and the rolls, briyanis are about to leave the floodgates. Ashtami will see even most of the atheists, go in for the Pushpanjali ritual and then head out for Luchi-Ghoogni and Khichudi afterwards. It is a auspicious time for the Bengalis to renew their vows with the most unhealthy snacks the might not binge on through the year.Bollywood has seen its share of Puja celebrations and the Bengali audience have related to it too. We take a look at five such instances, where Bollywood showcased a near perfect celebration of the festival and used it to perfection for the story.1. Devdas (2001) Sanjay Leela Bhansali unleashed the magnificence of Durga Puja, by getting together two of the prettiest women of their generation to dance and pay their tributes to the Goddess. As the song Dola re…Dola re… became a rage, Bongs couldn’t stop gushing at how nicely Puja was presented in Devdas.2. Parineeta (2005) Who can forget the sporting Sanjay Dutt doing the Dhunuchi dance with three ‘Dhunuchis’ which are basically earthen pots with coconut shells burning with the help of coal. Pradeep Sarkar beaufifully showed the joy of Pujo with his expansive Pandal, nice looking Kurtas.3. Kahaani (2012) Sujoy Ghosh’s thriller based in Kolkata paid a fitting tribute to the city, as the climax took place in the chaos of the ‘shidur khela’ a ritual around vermillion, and takes place on the day of Dashami. Vidya Balan’s character in search for her husband plays her final hand in the film and Puja looks like the perfect setting for it.advertisement4. Vicky Donor (2012)Even though it features the Durga Puja for a fleeting second, where actors Yami Gautam and Ayushmann Khurrana have one of their dates, Shoojit Sircar’s Vicky Donor essentially talks about the Bengali culture quite extensively. It basically shows the successful confluence of the Punjabi and the Bengali culture.5. Lootera (2013)Vikramaditya Motwane’s adaptation of O Henry’s Last Leaf starts in West Bengal in Sonakshi Sinha’s character’s house and shows her enjoying Durga Puja with her best friend. The film’s first half is set in West Bengal where Sonakshi’s father is a wealthy landlord in a newly independent India.last_img read more

OpenHW Group created and announces CORE-V family of open-source cores

first_img Continue Reading Previous Renesas: RX72M MCUs with EtherCAT support for industrial applicationsNext Arrow introduces next-generation IoT wireless modules A new not-for-profit global organization aims to boost the adoption of open-source processors by providing a platform for collaboration, creating a focal point for ecosystem development, and offering open-source IP for processor cores.Headed by Founder and CEO, Rick O’Connor, the OpenHW Group has already recruited 13 sponsor organizations and expects this to grow to 25 by the end of 2019. OpenHW Group is a member of the RISC-V Foundation of which O’Connor was Executive Director until May this year, and has entered into a strategic partnership with the Eclipse Foundation, a global community for open-source software collaboration and innovation.Inaugural OpenHW sponsors include Alibaba, Bluespec, CMC Microsystems, Embecosm, ETH Zurich (University), GreenWaves, Imperas, Metrics, Mythic AI, NXP, Onespin, Silicon Labs and Thales.The OpenHW Group will serve developers of processor cores and hardware and software engineers who design SoCs. The advent of open ISAs such as RISC-V has encouraged organizations throughout the world to take a fresh look at open-source processor development. For these organizations, the OpenHW Group aims to drive greater awareness, understanding and availability of open-source processor implementations.Share this:TwitterFacebookLinkedInMoreRedditTumblrPinterestWhatsAppSkypePocketTelegram Tags: Chips & Components last_img read more

‘Someone shouted tsunami’: Kamaishi set to play emotional role in World Cup story

first_imgShare on WhatsApp Share on Twitter There used to be a telephone box in the middle of the Kamaishi stadium. Nodoka Kikuchi reckons it was somewhere right around the halfway line. She’d know. She was the last person to ever use it. That was at a 2.45pm on 11 March 2011. She was 15, had just got out of high school, and was calling her parents to come and pick her up. A minute later, the great earthquake struck. “It started to shake from side-to-side,” she says. “It was terrible, I was holding on to the box, and my friend outside was hugging a gate, because it was the only way we could stand up.” Behind them, the earth of the school football pitch split open and water started to spray out of the ground “like a fountain”. Read more Share on Messenger Thank you for your feedback. The tsunami killed more than a thousand people in Kamaishi, a town of just 35,000. Over 160 of the deaths were at the Unosumai District Disaster Control Centre, three minutes walk from Nodoka’s school. Many of the dead there had taken part in a tsunami drill just the previous week, but it had been so cold then that, instead of heading up the mountain where they were supposed to go, they’d stayed indoors at the Centre instead. When the tsunami came, that’s what they did again. The flood there was 11m deep.In the years afterwards, they would call what happened at Nodoka’s school “the miracle of Kamaishi”. But she and her friends have never liked to that name. “A miracle,” says her colleague Miyuki Kanie, “would have saved everyone.” And besides, she adds, it wasn’t an act of God that got them through it. The children lived because their teachers made the right decisions. And the townspeople have carved that lesson in stone at the new Tsunami memorial. “Just run! Run uphill! Don’t worry about others. Save yourself first. And tell the future generations that a tsunami once reached this point, and that those who survived were those who ran.”The “miracle of Kamaishi” has become a famous story, one which has been repeated over and again in the media here. They even made a film about it. It’s one of those tales we tell each other for succour, because it allows us to believe in hope and mercy where there isn’t any. And in that way it’s similar to how we’ll talk about the new rugby ground they’ve built on the site of those two old schools, the Kamaishi Recovery Memorial Stadium. From our remove, flying in for these few days, the two World Cup matches that will be played here – Fiji face Uruguay on Wednesday– seem a powerful symbol of Kamaishi’s redevelopment. But this isn’t our story to tell. … we have a small favour to ask. More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many new organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Photograph: Christophe Ena/AP Since you’re here… Show Share on LinkedIn Pinterest Rugby World Cup Japan disaster Support The Guardian Rugby World Cup 2019 Hide Nodoka Kikuchi. Photograph: Andy Bull/The Guardian Pinterest Was this helpful?center_img Twitter A fishing boat rests surrounded by debris in Kamaishi in the aftermath of the 2011 tsunami. Photograph: Yomiuri Shimbun/AFP/Getty Images Facebook Quick guide Our Rugby World Cup 2019 coverage Rugby union Topics Twitter Share on Pinterest Reuse this content Like all the children at Kamaishi High, and the next door Unosumai Elementary too, Nodoka knew exactly what to do. They were all supposed to meet at the evacuation point in schoolyard so the teachers could take a head count. But as she hurried there she heard one teacher shout: “We don’t have time to count! We should just run away!” And that’s what they did, all 570 of them, up into the mountains behind the school.They stopped at an old people’s home 800m uphill. The teachers were talking about what to do next when the aftershocks started. Rocks and boulders were tumbling down on them from the mountain so they ran again, hand in hand now, big kids paired with little kids, 300m further on, to the car park of a day care centre. The road was narrow, and they had to squeeze beside the cars coming up from the seafront. “There were about 600 people here, I was in the middle and I could see the people at the back didn’t have room to run in so I was shouting: ‘Making room! Run! Run! Please run!” features Share on Facebook Japan When they reached the car park, the teachers started another count. And that’s when Nodoka heard what she thought was a helicopter. Only she couldn’t understand why the whirring sound seemed to be coming up from all around, above and below and behind. Then she looked back.“Tsunami means wave, but it’s not a wave, I mean, that’s not what I saw. What I saw was like a great wall moving towards us.” Everyone fell silent. “Then someone shouted ‘tsunami!’ and I realised what it was.” They wanted to run higher, right up into the forests, but the ground was shaking now, and they were worried the mountains were going to fall down, just like the sea had risen up. The teachers led them safely to the highway instead, and they began the long walk inland. Two schoolchildren died. One, a friend of Nodoka’s, had stayed home, sick, and another had been collected by their parents. But everyone who stayed with the teachers survived. “For most of the old people, the World Cup coming here is very meaningful,” says Miyuki, who moved here last March. “The local team were very strong a long time ago, when they won the championship seven years in a row, so rugby is especially popular with old people. But to tell the truth, young people are not so interested.” It’s a fact, she says, that the recovery has moved more quickly here than elsewhere because the World Cup has spurred it on. There are only around 20 local families left in temporary accommodation, and they will be rehoused by the end of the year. “So I don’t think many people were against the idea of the World Cup,” she says, “because of that, and because they knew how important rugby was to Kamaishi. It has given people new energy. But I know some kids have complicated feelings about it.”Nodoka is one of them. “When I heard the stadium was being built I was shocked,” she says, “because it felt like they were destroying my memories. I had such complicated feelings then, thinking about our school, and our lives, it was a big loss.” Over time, though, as she has watched the construction work, that has changed. “While I watched the stadium going up I started to digest all my feelings, the sadness, the guilt, the nostalgia. And I feel like they’ve settled now. It’s all passed. It’s just part of my history, of who I am. And I feel like if they hadn’t destroyed the school to make this new stadium, I never would have gone through that.” Facebook • Fixtures, tables and results• Top try and points scorers• Stadium guide• Referee guide• Our latest minute-by-minute live reports• Sign up to The Breakdown, our free rugby union email newsletterTeam guidesPool A: Ireland, Japan, Russia, Samoa, ScotlandPool B: Canada, Italy, Namibia, New Zealand, South AfricaPool C: Argentina, England, France, Tonga, USAPool D: Australia, Fiji, Georgia, Uruguay, Wales Rugby fans allowed own food in World Cup venues after shortages Share via Emaillast_img read more

MAYOR THANKS THE NTL

first_imgCoffs Harbour Mayor Jenny Bonfield visited the Coffs Harbour International Sports Stadium last night to welcome the Australian Touch Association and the National Touch League (NTL) to Coffs Harbour. Mayor Bonfield highlighted the importance of the NTL tournament to the Coffs Harbour community, commenting that Coffs appreciate and also enjoy having ATA and the players, officials and spectators because of the impeccable behaviour that is always shown. She also commented that hosting the tournament is positive for the economic and social growth of the region. “ATA has won by being able to host their event here in Coffs, but Coffs have also won by having the tournament here. Having Australian Touch here is a great thing economically but also a great thing for our community, especially our kids, who have the opportunity to see and be involved in other sporting events.” Mayor Bonfield thanked all of the sponsors of the tournament as well stadium management and staff, before talking about the Coffs Harbour application to host the tournament for the next three years. “Being the Mayor I can honestly say we are keen as mustard to have you back here. We have the town, the willingness, we want you guys and your tournament back here for the next three years.” Chief Executive Officer of ATA, Mr Bill Ker, then thanked Mayor Bonfield, the Coffs Harbour Stadium staff, the sponsors and the community for their support of the tournament. Mr Ker highlighted how well Coffs Harbour receives the tournament. “The players never stop talking about how great Coffs is, how it’s the best touch football ground in Australia and how great the community is.” However, Mr Ker then mentioned the application process for the right to host the NTL tournament for the next three years. “We do want to see this sport grow and continue to get bigger and better. We are going through a period of change and by the end of April we should have reached a decision on where this tournament will be heading for the next three years.”last_img read more

GRAND FINALS SUMMARY

first_imgWell, it’s grand final day at the Youth World Cup and reports are in that people are traveling from all over Queensland for the final day of competition. It’s set to be an all Australia-New Zealand grand final showdown with the final semi finals being played this morning. The Aussie 18’s Mixed side recovered from their forfeit disappointment yesterday to finish third and avoid the death semi final against the New Zealand side. Led by Ashley Shepherd with three touchdowns, they beat the Cook Islands 11-1 for a place in the grand final. On that topic, the start of the Mixed 18’s semi between Thailand and New Zealand was absolutely fantastic. The Aussie players and supporters lined up and gave the Thailand side a tunnel, cheering them as they ran onto the field, as the Thai players have no family, supporters or other sides here to receive the encouragement. It was also great to see the respect the Thai players pay their opponents and management, after they begin the match by lining up and bowing to their opponents and then turning and bowing to their team management. Great stuff to see at the Youth World Cup! New Zealand eventually won 24-1 in a one-sided semi final that sees them through to meet Australia at 12:00pm. It was also great to see the South African Mens 20’s who gathered in a circle, knelt and prayed before their bronze medal play off against Lebanon. It was a great game and finish for both sides, with Lebanon running out winners of the bronze medal after a 5-2 win. The Australian Mens 18’s qualified for their grand final with a win over the South African 18’s 11-1. The win should give them confidence in their grand final with New Zealand this afternoon. The Australian Mixed 20’s survived an early scare down 2-1 against the Cook Islands, recovering to win 17-2 and qualify for today’s grand final. Finally, what more amazing way to finish the tournament, than with the Mens 20’s grand final is the circumstances we saw. Make sure you read below! Womens 18’s Grand Final at 11:00am: The New Zealanders came out firing for the Womens under 18’s grand final, with New Zealand’s number 12 Queenie Tupaea crossing the line for a touchdown in the first set of six of the match. Although the Aussies fought hard in defense the New Zealand’s number 2 scored wide not long after taking the score to 2-0. Nikki Etheridge replied to the Kiwi’s try, restoring hope to the Aussies and taking the score to 2-1. In the second half it became a case of keeping it in the family for the Kiwi’s. Sisters, Shay and Cassidy Easton both crossed for touchdowns, taking the score to 4-1. Australia’s Amanda Skwarko scored a good try with a few minutes to go, but it wasn’t enough to keep the Aussies in the match. After a try to Coral Easton in the final minute, the Kiwi’s secured themselves as the deserving World Champions in the Womens 18’s division. Mixed 18’s Grand Final 12:00pm: It was certainly an up and down week for the Australian Mixed 18’s…after forfeiting their first three games after administrative errors, they were faced with a very tough Kiwi side, who had beaten them convincingly in the round matches. The Australian side were not about to step back however, as they scored early through Belinda Hammett. They were relentless in defense, up in the faces of the strong Kiwi side and forcing them to make errors and gain little ground. The first half belonged to New Zealand captain Henry Dunn, who scored three times for his side, each time answering the scores of Belinda Hammett, Ricky Morris and Ashley Shepherd. Down 4-3 at half time the Aussies equaled through Justin Heuser and then took the lead after a diving touchdown by Cameron Nicholls. The run of Ricky Morris and brilliant last line defense by Morris, Claire Giarola and the entire Aussie team, showed how desperate they were to hold the Kiwis out. When Dean Springfield scored again with 2 minutes to go, the score was 6-4 and Justin Heuser’s second touchdown was the icing on the cake for a 7-4 win and Youth World Cup Under 18’s Mixed title. Mens 18’s Grand Final at 1:00pm: A disappointed Australian Mens under 18’s team were defeated by the New Zealand team 8-5 after a tough match. After being beaten by the Kiwi’s convincingly in the round games, the Aussies were keen to score the first touchdown. They did this through Dylan Hennessey in the opening minutes. The Kiwi’s responded instantly, with number two Garry Reilly scoring in the next set of six. New Zealand number 11, Joseph Tarau then crossed in the corner to make the score 2-1. The Aussies couldn’t contain the speed and agility of Garry Reilly and he crossed for his second touchdown as did Joseph Tarau to make the score 4-1. Dean Taylor scored for the Aussies narrowing the gap to two touchdowns. After two more tries to the Kiwi’s before half time they led 6-2 going into the break. The Australians played a better second half, with co-captain Ji Bonner crossing the line after half time to make the score 6-3. Although the Aussies put up a good fight the Kiwi’s proved too strong and took the title of under 18’s Mens Youth World Champions, winning 8-5. Mixed 20’s Grand Final 2:00pm: The Mixed 20’s final started one way and finished the same way…New Zealand. On the back of three touchdowns from Jamilla Gupmell in the first half, the Kiwi’s took a 7-1 lead into the break. Their attack was simply too smart for the Australian side who looked flat and constantly behind the play, unable to read the attack of the Kiwis. Australia did lift their game in the second half, scoring three times through Jai Curry, David Denning and Jarah Jennings but were unable to hold off the Kiwis. A 9-4 final scoreline giving New Zealand the Mixed Under 20’s Youth World Cup title and a 3-1 lead in the rubbers for the overall Youth World Cup title. Australia will now need both the Mens and Womens 20’s to win their titles to equal New Zealand with 3 titles a piece and bring about the points system for overall Champions. Girls 20’s Grand Final 3:00pm: The Australian Womens under 20’s kept Australia’s dream of a World Cup title alive when they defeated New Zealand 4-2. In what was a tight game, the first try was scored about 10 minutes into the match by New Zealand’s, giving them to a good start. The Aussies retaliated when Kate Basely crossed the line, and continued to be uplifted by efforts such as Jess Howe’s length of the field try making the score 2-1. ACT’s Mel Ingram crossed to make the score 3-1 putting Australia in a good position heading into half time. The Kiwi’s had something to say about that though, scoring right on the half time buzzer bringing the margin back to one. With seven minutes to go Kelly McGennity secured the victory for Australia, making the score 4-2. Both teams put in a great effort, with the Aussies coming out deserving winners of the Under 20’s Womens title. Mens 20’s Grand Final at 4:00pm: In what was easily the most exciting and controversial match of the tournament, the Aussies were absolutely brilliant in their grand final against New Zealand. With 5 minutes to go in the first half and the score locked at 1-1, Australian Mat Bird was sent from the field for the remainder of the match, leaving Australia playing with five players for the remainder of the game. No doubt every person at Quad Park thought that Australia was done for. It certainly wasn’t widely believed that the Aussies could hold off the Kiwi attack with only 5 players on the field at any one time. But everyone was wrong. Time and time again the Australian defense made diving touches, saving certain touchdowns, playing above themselves, barely allowing the Kiwi attack to move forward. On top of that the Aussies managed to score twice themselves, making the Kiwi’s look lost in both attack and defense. The leadership and heart of Troy Malcolm was no doubt an inspiration for his team, as players like Andrew Knox, Chris Rawlinson and Sebe Rey stepped up, although the entire team is worthy of being mentioned here. In one of the most unbelievable matches of Touch seen for quite some time, the Aussies held the Kiwis to 3 touchdowns, whilst scoring 3 of its own, leaving the score at 3 all at the end of normal time. The extra time drop off had the Aussies down to four players against the Kiwi’s five and they could not hold out any longer. Going down 4-3 they may not take the official title of Youth World Cup Under 20 Champions home, but they will certainly take the title of most deserving winners home. They played with nothing but passion, ultimate commitment and pride for themselves, their team mates and their country. We are all incredibly proud of them and they are true champions. By Rachel Moyle and Lisa Plummerlast_img read more

New Bowl Projection For TCU Heading Into Saturday’s Action

first_imgTCU Horned Frogs cheerleaders perform during the Chik-fil-A Peach Bowl against the Ole Miss Rebels at Georgia Dome.ATLANTA, GA – DECEMBER 31: TCU Horned Frogs cheerleaders perform during the Chik-fil-A Peach Bowl against the Ole Miss Rebels at Georgia Dome on December 31, 2014 in Atlanta, Georgia. (Photo by Scott Cunningham/Getty Images)The TCU Horned Frogs had a down season by their standards, but did rally to win their final two games and become bowl eligible. TCU wound up 6-6 after big wins over Baylor and Oklahoma State down the stretch.TCU was one of seven bowl eligible teams from the Big 12, and posted a 4-5 record in the league. They’re likely in the third tier of bowl eligible teams in the league when it comes to pecking order.The College Football Playoff and the Sugar Bowl are both out of reach for the Horned Frogs – as is a New Year’s Six game. But Sports Illustrated is still projecting a decent reward for TCU’s late surge.Eric Single of SI is predicting that TCU will take on Stanford in the Cheez-It Bowl in Phoenix, Arizona.That contest is slated to take place on December 26 at 9:00 PM ET.During the regular season, TCU scored wins over Southern, SMU, Iowa State, Kansas State, Baylor and Oklahoma State. The Horned Frogs lost to Ohio State, Texas, Texas Tech, Oklahoma, Kansas and West Virginia.We’ll know TCU’s fate on Sunday afternoon.last_img read more

Rickmers Maritime’s Fleet 98 Pct Employed for 2014

first_imgzoom Rickmers Trust Management Pte. Ltd. (RTM), the Trustee – Manager of Mainboard-listed Rickmers Maritime, announced the financial performance of the Trust for the first quarter ended 31 March 2014.Rickmers Maritime reported a stable set of results in 1Q 2014. Charter revenue decreased slightly by 4% from the US$35.5 million reported for the first quarter ended 31 March 2013 to US$33.9 million, largely due to the redelivery of two vessels during the period, Henry Rickmers (formerly Ital Fastosa) and Richard Rickmers (formerly Ital Festosa).In the lead up to the their new charters to Maersk Line, the two vessels spent 19.7 days and 31.3 days respectively as at 31 March 2014 for preparation and positioning. In addition, the fleet incurred a total of 31.1 days of unscheduled off-hire, with Kaethe C. Rickmers incurring 20.0 days of off-hire due to engine problems.As a result, fleet utilisation for 1Q 2014 fell to 94.3%. Vessel operating expenses increased by 13 % to US$9.9 million in 1Q2014 from US$8.8 million in 1Q2013.A considerable percentage of this increase was due to bunker fuel consumed for Henry Rickmers’ and Richard Rickmers’ positioning voyages to their new charterer and certain expenses incurred due to Kaethe C. Rickmers’ engine problems. Finance expenses, however, were reduced from US$7.0 million in 1Q2013 to US$5.5 million in 1Q2014 as a result of reduced outstanding loan balances and the expiry of interest rate swap contracts.Overall, Rickmers Maritime recorded a net profit after tax of US$9.8 million in 1Q 20 14, compared to US$10.7 million in 1Q2013.FLEET OPERATIONSRickmers Maritime achieved a vessel utilisation rate for the quarter of 94.3%. On 18 March 2014, RTM announced that it had secured new employment for two of the Trust’s vessels, Henry Rickmers and Richard Rickmers, both 3,450 TEU panamax container vessels, with Maersk Line, the world’s largest container shipping company, for 12 to 24 months.The vessels are being chartered at a rate that is to be readjusted every six months based on an index agreed upon by Rickmers Maritime and Maersk Line.The charters are expected to generate revenue for the Trust amounting to an estimated US$5 million over the initial 12 months. With the new charter agreements with Maersk Line coming into effect for the two vessels, as well as the extension of Kaethe C. Rickmers to MSC until March 2015 (+/ – 30 days), the fleet is now 98% employed for 2014, giving good earnings visibility for the year ahead.The Trust has US$311.3 million of secured revenue between 31 March 2014 and the expiry of the last charter party contract in 2019.OUTLOOKTrade growth is projected to reach around 6.0% in 2014, subject to global economic developments, compared to an estimated 4.9% growth in 2013. A significant number of new ships, mostly very large ones in excess of 10,000 TEU, is scheduled for delivery over the next 12 months.This will add to the prevailing level of structural over-supply, which is likely to outstrip demand in the near term despite an increase in the scrapping of existing ships and continued slow-steaming.Vessel values and time charter rates are therefore expected to begin recovering only in 2015. Mr Thomas Preben Hansen, the Chief Executive Officer of RTM, commented, “ Whilst the charter market remains under pressure as a result of the persistent over-supply of container ships in the market, Rickmers Maritime’s performance has been consistent due to its existing charter agreements with reputable counter parties.As a result of our recent chartering activities, we have succeeded in locking in 98% of our tonnage exposure for 2014, bringing our secured revenue between 31 March 2014 and the expiry of our last charter party contract in 2019 to a total of US$311.3 million.With a number of our existing charter agreements expiring during 4Q2014 and 2015, the uncertainty surrounding the timing of a charter market recovery poses a risk to the earnings and cash flows of the Trust. To this end, we will continue our chartering activities to ensure the best possible future employment for our fleet of quality vessels. ”last_img read more

Genco Shipping Shrinks Net Loss

first_imgzoom NYSE-listed dry bulk shipping company Genco Shipping & Trading Limited has managed to significantly cut its net losses so far this year.For the second quarter of 2017 ended June 30, the company’s net loss stood at USD 14.5 million, against a net loss of USD 110.6 million seen in the same period a year earlier.The company’s revenues increased to USD 45.4 million in the quarter from USD 31.9 million reported for the three months ended June 30, 2016. The increase was primarily due to higher spot market rates achieved by the majority of the company’s vessels during the second quarter of 2017 versus the same period last year, partially offset by the operation of fewer vessels during the quarter.The average daily time charter equivalent (TCE) rates obtained by the fleet was USD 8,439 per day, up from USD 4,618 earned a year earlier, primarily due to higher spot rates achieved by the majority of Genco’s vessels.“During the second quarter, we took additional steps to strengthen our leading and sizeable drybulk platform as the market continues its recovery. Our ongoing success optimizing the profile and deployment of Genco’s diversified fleet provides us significant optionality in a rising market,” John C. Wobensmith, Chief Executive Officer, said.“Our year-over-year results improved and reflected higher spot market rates achieved by the majority of the vessels in our fleet. This enabled Genco to increase its cash position to USD 181 million at the end of the second quarter, further enhancing our financial flexibility,” Apostolos Zafolias, Chief Financial Officer, said.During the first six months of 2017, Genco shrunk its net loss to USD 30.1 million from USD 165.1 million seen in the first half of 2016.Revenues increased to USD 83.6 million for the six-month period from USD 52.8 million reported in the same period a year earlier, mainly driven by higher spot market rates.TCE rates increased to USD 7,458 per day for the first half of the year from USD 3,622 per day for the six months ended June 30, 2016.As of August 7, 2017, Genco’s fleet consists of 13 Capesize, six Panamax, four Ultramax, 21 Supramax, one Handymax and 15 Handysize vessels with an aggregate capacity of around 4,68 million dwt.last_img read more

Annonce du grand gagnant provincial du concours I3 pour les nouvelles entreprises

first_imgUne entreprise biomédicale d’Halifax va recevoir un investissement de départ de 100 000 dollars d’Innovacorp pour poursuivre ses recherches dans le traitement des infections dues à des bactéries ultrarésistantes. Innovacorp vient d’annoncer que le grand gagnant provincial de son concours I-3 pour les nouvelles entreprises en technologie était DeNovaMed Inc. Cette annonce marque la fin d’un processus de recherche de cinq mois visant à mettre en évidence les meilleures nouvelles entreprises de la Nouvelle-Écosse. « Une fois de plus, le concours I-3 pour les nouvelles entreprises en technologie d’Innovacorp souligne l’esprit d’innovation, de compétitivité et d’entrepreneuriat qui existe partout en Nouvelle-Écosse, déclare Percy Paris, ministre du Développement économique et rural et du Tourisme. Ce concours contribue à la réalisation du plan “des emplois ICI” du gouvernement, qui cherche à faire croître l’économie de la province. » Les fondateurs de DeNovaMed Inc. se sont servis d’un processus de conception de médicament assistée par ordinateur pour élaborer une nouvelle catégorie de composés ayant le potentiel de traiter les infections dues aux bactéries qui résistent aux traitements conventionnels. Au cours des 12 à 18 prochains mois, l’entreprise compte faire une évaluation de ses meilleurs composés dans le cadre de traitement des infections dans des modèles animaliers. L’objectif est d’aboutir à la commercialisation d’un antibiotique vraiment nouveau. « Le fait de gagner ce concours nous permet de développer notre entreprise, d’embaucher de nouveaux membres du personnel et de trouver des débouchés pour notre produit à travers le monde, explique Christopher McMaster, président-directeur général de DeNovaMed Inc. L’exposition qu’offre ce concours et la crédibilité associée au fait d’être le premier dans le secteur sont d’une importance inestimable. Avec en outre l’investissement de départ, les contributions en espèces et les contributions en nature sous la forme de services, nous allons vraiment pouvoir développer notre entreprise. » Le concours I-3 a été lancé le 13 septembre. Dans les semaines qui ont suivi ce lancement, Innovacorp a reçu 142 soumissions d’entrepreneurs des quatre coins de la Nouvelle-Écosse. La fonction du concours I-3 est de repérer et de soutenir des entreprises néo-écossaises axées sur le savoir qui en sont à leurs premiers stades, mais ont un fort potentiel, et d’encourager les activités d’entrepreneuriat partout dans la province. Les entreprises classées au premier et au deuxième rang dans la province sont d’excellents exemples des catégories d’entreprises qui vont contribuer à la croissance économique de la province à l’avenir. « DeNovaMed a un plan solide de croissance pour l’avenir et nous sommes ravis de pouvoir contribuer à cette réussite, précise Clifford Gross, président et directeur général d’Innovacorp. Son capital intellectuel est incontestable et lui donne une place de choix dans le marché en pleine croissance de la production de nouveaux antibiotiques efficaces. » Le concours I-3 permet à Innovacorp et à ses partenaires de renforcer l’aide au développement des entreprises qu’ils fournissent dans le secteur des entreprises axées sur le savoir en Nouvelle-Écosse. Ce sont au total 800 000 $ en contributions en espèces, en investissements de départ et en contributions en nature sous la forme de services pour le développement des entreprises qui ont été remis aux 10 gagnants. En plus de l’investissement de départ de 100 000 $ remis au grand gagnant pour la province, les entreprises classées au premier rang dans chaque zone ont chacune reçu 100 000 $ en espèces et en services et les entreprises classées au deuxième rang ont reçu une aide d’une valeur de 40 000 $. DeNovaMed Inc. est le grand gagnant du concours I-3 pour la province. L’entreprise a été sélectionnée parmi les cinq gagnants des cinq zones de la province. Les quatre autres gagnants sont les suivants : pour la zone 1 (comtés de Cumberland, de Colchester, de Pictou, d’Antigonish et de Guysborough) : Water Drills International Inc., entreprise de Jim Proudfoot et Lynn Christie, à New Glasgow; pour la zone 2 (comtés de Lunenburg, de Queens, de Shelburne et de Yarmouth) : Ventgrid Inc., entreprise de Gord McPherson, Andre Veinotte et Anthony Smith, à Chester; pour la zone 3 (comtés de Digby, d’Annapolis, de Kings et de Hants) : The Bait Savour, entreprise de Vince Stuart, au Centre-de-Meteghan; et pour la zone 5 (comtés de Victoria, d’Inverness et de Richmond et municipalité régionale du Cap-Breton) : J&K Scientific Inc., de Krishnat Naikwadi, à Edwardsville, dans la municipalité régionale du Cap-Breton. Innovacorp est l’organisme d’investissements en capital-risque dans les entreprises en démarrage de la Nouvelle-Écosse. Il s’intéresse aux industries des technologies non polluantes, des technologies de l’information et des sciences de la vie. Pour en apprendre davantage sur le concours provincial I-3 pour les nouvelles entreprises en technologie, veuillez consulter le site www.innovacorp.ca (en anglais seulement).last_img read more

Finance Minister Oliver says he wont meddle with banks decisions on rates

Finance Minister Oliver says he won’t meddle with banks’ decisions on rates by The Canadian Press Posted Jan 23, 2015 12:05 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email OTTAWA – Federal Finance Minister Joe Oliver says he has no intention of pushing Canadian banks to follow the Bank of Canada’s lead and drop their rates.The central bank unexpectedly cut its trend-setting interest rate Wednesday to 0.75 per cent in response to the oil-price collapse.Financial experts have said borrowers shouldn’t automatically expect Canada’s big banks to cut their prime rates just because the central bank decided to do so.For his part, Oliver says he won’t interfere with internal decisions of commercial banks.He also says he has no current plans to introduce new rules for residential mortgages.Oliver’s approach differs from that of his predecessor, Jim Flaherty, who called the Bank of Montreal in 2013 to express his disapproval of its decision to offer a special low rate.“I do not intend to interfere with the day-to-day operations of the banks,” Oliver said in a statement Friday. read more

Fairfax India lines up US300million deal with PVC manufacturer Sanmar Chemicals

Fairfax India lines up US$300-million deal with PVC manufacturer Sanmar Chemicals by The Canadian Press Posted Apr 8, 2016 5:32 am MDT Last Updated Apr 8, 2016 at 6:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Fairfax India Holdings Corp. (TSX:FIH.U) is leading a plan to invest US$300 million into the Sanmar Chemicals Group, an Indian PVC manufacturer that’s expanding into Egypt.Fairfax India will provide an initial round of US$250 million, which is the maximum it’s currently allowed to make in any single investment. The investment depends on certain conditions but it’s expected to close by the end of June.The remaining US$50 million will be funded by Fairfax Financial Holdings Ltd. (TSX:FFH), or another investor, within 90 days of the initial tranche.Fairfax India says the funding will be through a combination of equity and fixed income securities. It expects to own 30 per cent of Sanmar’s equity as a result of the investment.PVC, or polyvinyl choride, is widely used to make rigid plastic pipes and other building materials and for flexible plastic consumer products such as water bottles.The Sanmar investment is the second large deal lined up in recent weeks by Fairfax India. It announced March 28 that the Fairfax group would buy a one-third ownership of the Kempegowda airport near Bengaluru for about C$321 million. read more

Lumber prices see major jump after wildfires in British Columbia

VANCOUVER – The wildfires in the B.C. Interior that have forced some sawmills to halt operations have resulted in a boost in lumber prices at a time when forestry companies have been squeezed by softwood duties on exports to the U.S.By Friday, the benchmark price of Western spruce-pine-fir lumber rose 7.12 per cent to US$406 per thousand board feet from US$379 last Friday, according to figures from Random Lengths, which tracks lumber and panel prices.It’s a “major jump,” said Shawn Church, Random Lengths editor.Ketan Mamtora, an analyst with BMO Capital Markets, said he expects prices will rise between six and eight per cent over the next couple of weeks, partly due to a limited supply.As early as Sunday, several companies temporarily closed some of their mills as evacuation orders, displaced employees, road closures and other factors made operations impossible or difficult.It’s possible for the industry to increase capacity at other facilities, but Mamtora said it’s unlikely they can make up for all lost production. Fear over possible lumber shortages also “really pushes up the prices,” he said.If the fires persist for a long time, that will have “a much more meaningful impact on pricing,” Mamtora added.In the case of mills staying shut for months or even sustaining damage, he estimates prices could rise between 15 and 17 per cent.But Harry Nelson, an assistant professor of forestry at the University of British Columbia, said essentially the province’s entire production would have to be wiped out for such a spike to occur.“At the end of the day, whatever hole these wildfires create gets filled in somewhere else,” Nelson said.For weeks, Canada’s softwood lumber industry has been hit by U.S. duties, and companies operating in B.C. have been hit particularly hard.On average, the lumber industry faces tariffs of 27 per cent. But West Fraser Timber (TSX:WFT), Canfor (TSX:CFP) and Tolko, all of which are headquartered in the province, have been charged duties of 31, 28 and 27 per cent, respectively.The short-term lift in prices is good for producers, Nelson said, as it means more money in their pockets after tariffs are paid.Follow @AleksSagan on Twitter. by Aleksandra Sagan, The Canadian Press Posted Jul 14, 2017 2:00 am MDT Last Updated Jul 14, 2017 at 11:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Lumber prices see ‘major jump’ after wildfires in British Columbia read more

Football Five takeaways ahead of Urban Meyers return

Ohio State acting head coach Ryan Day prepares to lead the Buckeyes onto the field prior to the game against Oregon State game on Sept. 1 in Ohio Stadium. Ohio State won 77-31. Credit: Casey Cascaldo | Photo EditorFor Ryan Day, Saturday’s season debut was different. The offensive coordinator and quarterbacks coach for Ohio State served as a head coach for the first time in his coaching career, continuing his role as the acting head coach for the Buckeyes while Urban Meyer serves his three-game suspension. However, Day’s time as acting head coach, at least during the week, is complete. Per the suspension, Meyer is allowed to coach Ohio State for practices starting Sept. 3 despite not being allowed to coach in games. After Saturday’s 77-31 win over Oregon State, Day said he will be excited to bring Meyer back into the fold. “When Coach gets back, we’re looking forward to getting him back and looking forward to those meetings and kind of building as we go to Rutgers,” Day said. “It will be business as usual for us. We’ll look at the film, make corrections, go from there.” Here are five things Meyer will see when he returns to his head coaching role. Dwayne Haskins with a start under his beltComing into the 2018 season without a collegiate start, redshirt sophomore quarterback Dwayne Haskins had expectations to be successful without a lot of experience to back it up. On Saturday, the Buckeyes caught a glimpse of what the Ohio State offense could be with Haskins at the helm. Completing 73.3 percent of his passes, Haskins threw for 313 yards, becoming the first quarterback in Ohio State history to throw for more than 300 yards in his first collegiate start. That was not it for the redshirt sophomore. He also threw five touchdown passes, the most in Ohio State history for a quarterback in his first start. Haskins did have the help of Ohio State’s veteran wide receiver room, throwing 21 of his 30 total pass attempts to redshirt junior K.J. Hill, junior Austin Mack, redshirt senior Parris Campbell, who recorded a touchdown reception, and redshirt senior Terry McLaurin, who brought in four catches for 121 yards and two touchdowns. Like McLaurin said in his postgame interview, the older receivers seemed to help Haskins feel more comfortable as the starter and, therefore, increasing his confidence as the game continued. Now, with one game started and completed, Haskins goes into the Big Ten opener with that in-game experience as the starting quarterback at Ohio State. A “two-headed monster” running game Haskins was not the only player helping move the ball for the Ohio State offense. Both running backs, sophomore J.K. Dobbins and redshirt junior Mike Weber, helped outrush Oregon State 375 to 196 in Saturday’s 46-point win. Against the Beavers, even though both backs split carries, Weber took control. Leading the way with 20 carries, the Detroit, Michigan native recorded 186 yards on the ground, a career-high, and four touchdowns, including the first touchdown reception of his collegiate career. With 15 carries, Dobbins got his share of playing time as well. But, the sophomore back averaged 4.9 yards per carry compared to Weber’s 9.3, with his longest rush going for 10 yards. However, as Day said in the Big Ten Coaches Teleconference prior to the season opener on Saturday, Ohio State has a “two-headed monster” at running back. The Ohio State coaching staff has been known to give the ball to the hot hand, especially in the running game, but dispersed carries pretty evenly in the first game of the season. In Saturday’s opener, Day even used both Dobbins and Weber in the same backfield, using the sophomore to block for the redshirt junior as he received a 3-yard shovel pass from Haskins to score in the second quarter. It’s that balance, that belief that no matter who’s in the game, Dobbins or Weber, that the offense will continue to run efficiently, that Ohio State wants. An as-advertised defensive line From the moment Ohio State’s defensive line took the field for the first time, opposing offenses began to feel its effects. After driving to the Ohio State 39-yard line to start the first drive of the game, Oregon State senior quarterback Jake Luton dropped back to pass and was instantly met by junior defensive end Nick Bosa, who brought him to the ground, recording his first forced fumble of the day and giving the offense good field position to start the day. In Saturday’s win, the Ohio State defensive line recorded five of the six total tackles for loss, including two sacks by Bosa and two sacks by redshirt junior defensive tackle Dre’Mont Jones, who had one career sack heading into Saturday’s game. Bosa also forced and recovered two fumbles including one in the end zone for an Ohio State touchdown. Even from the other side of the line from Bosa, defensive linemen were making the quarterback feel uncomfortable. Sophomore defensive end Chase Young recorded two of Ohio State’s three total quarterback hits in the season opener. A secondary with work to doBehind the defensive line, Ohio State struggled to stop Oregon State in both stopping the pass and stopping the run at the second level of the defense. When taking over for Luton after the first drive of the game, redshirt sophomore quarterback Conor Blount completed 12 of 19 passes for 169 yards and two touchdown passes, including a 49-yard touchdown in the first quarter. In the running game, when junior running back Artavis Pierce passed the defensive line, he could not be stopped, recording an 80-yard touchdown run and a 78-yard touchdown run, giving him 168 yards on 11 rushes. With the loss of junior safety and team captain Jordan Fuller to a hamstring injury, co-defensive coordinator and safeties coach Alex Grinch called it a “game-time decision,” the Ohio State secondary, specifically sophomore safeties Isaiah Pryor and Jahsen Wint, had more responsibility in the defense as a whole. At times on Saturday, the Buckeyes struggled to stop an offense that struggled to score one year ago. With Fuller, supposedly, on the verge of returning against Rutgers, the Ohio State secondary will likely be glad to have him back. However, he is just one player. Ohio State could have some work to do in the defensive backfield. Freshmen impacting early The 26-member 2018 recruiting class has already made an impact in the first game of the season. Nine true freshman made their college debut against Oregon State on Saturday. Both running backs, Master Teague and Brian Snead, each took snaps in the Ohio State offense. They combined for 81 yards on 13 rushes, each recording their first rushing touchdown of their careers. In the passing game, wide receiver Chris Olave recorded his first career reception, taking in a 5-yard pass from redshirt freshman quarterback Tate Martell in the second quarter. Defensive linemen Tommy Togiai, Tyler Friday, Taron Vincent and Tyreke Smith each received playing time, with Togiai leading the way with two solo tackles. Linebackers K’Vaughan Pope and Dallas Gant each got playing time in special teams along with safety Josh Proctor. Redshirt sophomore defensive tackle Antwuan Jackson also made his debut for the Buckeyes after coming in as the No. 3 JUCO prospect in the country heading into the season. read more

Female estate agent guilty of sexism after she offered male colleague sex

first_imgA female estate agent has been found guilty of sex discrimination after she offered to perform a sex act on a male colleague if he banked £180,000 in income. Sarah Thompson, 51, made the remark to senior financial consultant Paul Elworthy, 45, at a boozy Christmas do.Judges at an employment tribunal in South London unanimously ruled that Mr Elworthy had been subjected to direct sex discrimination by Ms Thompson and should be compensated.They said that they had “no hesitation in finding that the comment was made because of the claimant’s gender.” “We find that Ms Thompson would not have made an equivalent comment to a woman,” the judges added.  At the tribunal Mr Elworthy accepted that he had never cleaned and that he had never been disciplined or reprimanded for failing to carry out cleaning duties in the seven-year period he worked at the firm.A further hearing will determine the amount of damages. Paul Elworthy, 45, at appearing at a employment tribunal Credit:SWNS.com The tribunal heard evidence from members of staff who were at the Christmas lunch which contradicted what Ms Thomson said.One colleague, Giles Barrett, recalled the remark being made and the reference to £180,000.When he heard Ms Thompson make the comment he said “does that count for everyone?” and she replied “no, you’re married” – this was followed by laughter. It was a highly sexualised comment and we have no hesitation in finding that the comment was made because of the claimant’s gender.Tribunal judges The panel said that although the comments amounted to sex discrimination they weren’t harassment.As well as striking out that claim they also found against Mr Elworthy’s claim of constructive unfair dismissal.In their judgement, the tribunal ruled: “We have found that Ms Thompson’s comment left the claimant feeling ‘a bit uncomfortable’ and ‘not great’.”It did not meet the bar for harassment but we find that the effect on him was nevertheless a detriment.”It was a highly sexualised comment and we have no hesitation in finding that the comment was made because of the claimant’s gender.”They added: “We find that Ms Thompson would not have made an equivalent comment to a woman.”We therefore find that the comment was less favourable treatment because of sex and the claim for direct sex discrimination succeeds.” Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.center_img Estate agent Sarah Thompson was found guilty of sex discrimination at an employment tribunalCredit:SWNS.com Paul Elworthy, 45, at appearing at a employment tribunal  Mr Elworthy had also claimed that he was constructively unfairly dismissed as he was ‘forced’ to clean toilets – but judges threw out this claim. Estate agent Sarah Thompson was found guilty of sex discrimination at an employment tribunal Mr Elworthy told the hearing in south London: “I attended a senior consultants’ reward lunch.”At that meeting Sarah Thompson stated she would provide me with a blow job if I hit £180,000 banked income.”This was said in the presence of a number of people. It made me feel very uncomfortable. I did not report it as she was my line manager. I would not get a fair hearing.”Ms Thompson, who works at Your Move’s regional HQ in Chessington, South London, had denied the claims.When asked by her firm’s HR department in 2015 if she had made the comment she said: “Absolutely not, do you really think I would ever say that? He might have wanted me too.”last_img read more

OOPS THEY DID IT AGAIN HSG Wetzlar beat Kiel in away clash

1.Rhein-Neckar201703618:48434 14.Gummersbach205015499:56310 2.Hannover-Burgdorf211533606:55233 6.MT Melsungen211326576:53728 16.Stuttgart214116505:5899 15.N-Lubbecke213414473:55310 11.Goppingen21669568:57418 7.SC Magdeburg201316602:54227 10.Lemgo21849543:57920 If THW Kiel stay without title in DKB Bundesliga for the third year in a row, the first “suspected” will be HSG Wetzlar, the team who once again beat “Zebras” in current season. After home 30:22, team of Kai Wandschneider once again beat THW Kiel, this time, for the first time in the history of the club, in away clash at Sparkassen Arena – 26:25.THW Kiel: Landgraf (54.-60), Wolff (8 saves); Firnhaber, Weinhold (4), Dissinger, Wiencek (3), Ekberg (6/3), Frend Öfors (n.e.), Rahmel, Dahmke (1), Zarabec (3), Vujin (1), Bilyk (1), Nilsson (6), Santos; Trainer: GislasonHSG Wetzlar: Klimpke (), Buric (1.-60., 10/1 saves), Weber; Kneer (1), Björnsen (7), Pöter (1), Ferraz (3), Mirkulovski (3), Schreiber, Volentics, Holst, Forsell Schefvert (1), Kvist (3), Lindskog (7), Cavor (1); Trainer: WandschneiderResult: 0:1 (2.), 2:2 (5.), 2:4 (7.), 3:4, 3:9 (17.), 6:9 (22.), 6:11 (25.), 7:12 (27.), 9:12; 9:13 (31.), 11:14 (35.), 11:16 (38.), 13:18, 14:19 (42.), 16:19 (44.), 18:21 (46.), 19:22 (49.), 20:23 (53.), 20:25 (54.), 24:25 (60.), 24:26, 25:26STANDINGS: 13.Erlangen214512493:57313 5.Kiel211416622:53229 ← Previous Story Jose Manuel Sierra to French Saran Next Story → FRANCE: Montpellier continue strong in Chambery towards Championship title! 8.Leipzig201217549:52425 9.HSG Wetzlar219210550:53120 3.Flensburg-H.211524614:53432 4.Fuchse Berlin201523587:53432 17.Ludwigshafen202315459:5397 18.Huttenberg202315494:5837 PHOTO: HSG Wetzlar 12.Minden20569528:56316 HSG WetzlarTHW Kiel read more