whatsapp Bank of England steps up to push along Co-op Bank rescue plans, amid worries buyers might be shying away from the struggling lender Hayley Kirton Sunday 19 March 2017 3:48 pm The Bank of England’s regulatory team has begun making plans of its own for Co-op Bank, as they become increasingly impatient with the troubled lender’s sale.The Co-op Bank, which is currently 20 per cent owned by the wider Co-operative Group, revealed last month it was looking for a buyer for the whole of the business. whatsapp Up until that point, the bank was undergoing an ambitious turnaround plan, after a £1.5bn black hole was found in its accounts in 2013. However, it announced factors like lower for longer interest rates had put a crimp in its plans to raise capital organically. Read more: OneSavings boss: If Co-op Bank sale fails we’ll pick up the piecesNow, the Sunday Telegraph reports the Prudential Regulation Authority (PRA) has become concerned no buyer will be found in the near future and has turned to external advisers to help draw up alternative plans for the lender. It is reported these plans could go as far as starting the process of winding up the bank if it is clear there is no hope on the horizon. Co-op Bank, which announced a £477m loss for 2016, has already said it might have to ask investors for as much as £750m if a suitable buyer cannot be found.Although a few potential bidders have emerged for certain parts of the lender, such as particular mortgage books, there has been less interest in buying the bank as a whole. Challenger sources have previously told City A.M. would-be buyers are put off by, among other issues, the firm’s pension scheme burden. Share Read more: Co-op Bank blames poor performance on decision to sellIf the PRA is forced to step in, it will mark the first time the Old Lady of Threadneedle Street has done so since 2009.The Bank of England and Co-op Bank both declined to comment. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAffluent TimesNiagara Falls Was Drained And What Was Revealed Might Make You PukeAffluent Timesillusion.funIf You See Square Waves In The Ocean Get Out Of The Water Immediatelyillusion.funHousediverShortest Men In Hollywood Their Real HeightsHousediverMaster Degree Germany | Search AdsStudying a Master Degree in Germany Might be Easier Than You ThinkMaster Degree Germany | Search Adsbest10 prohibited foods to regulate blood sugarbestTravel PatriotLittle House On The Prairie Star Karen Grassle Is 79 Now And Looks Like ThisTravel Patriot10 Best Dog for Seniors10 Best Dog for Seniors – Carammello10 Best Dog for SeniorsThe AvengersTOP-15: Stars of the movie “The Avengers” and their life partners in reality.The AvengersMoneyPailWork-From-Home Jobs In ScottsdaleMoneyPail
whatsapp Share Thursday 13 December 2018 5:02 pm The win comes amid a growing diplomatic crisis between Ottawa and Beijing, with China having arrested two Canadians this week after Canada’s arrest of the chief financial officer of telecoms giant Huawei.China’s foreign ministry today confirmed it had detained the two, businessman Michael Spavor and former diplomat Michael Kovrig, on suspicion of endangering national security, according to Reuters.Shares were down around five per cent today. Alex Daniel Bombardier China venture wins second high-speed train carriage contract despite diplomatic tensions whatsapp Tags: Trading Archive Bombardier’s shares were down today as it announced it is to supply high-speed train cars to China’s state-owned railway company for $453m (£358.6m) as part of a joint venture (JV).The Canadian manufacturer’s 20-year-old Chinese JV, Bombardier Sifang (Qingdao) Transportation (BST), today said China Railway Corp (CRC) had awarded it the contract to supply 168 cars which will travel at speeds of up to 350 kph. The win is BST’s second this year in the growing Chinese high-speed rail market, after agreeing to supply 120 of the same cars in September for $324m.It said the timely delivery of the first batch of carriages had “earned the industry’s trust”, leading to the second order.Jianwei Zhang, president of Bombardier in China, said, “This repeat order comes just three months after the previous, clearly demonstrating the pace of development in the Chinese high-speed rail market as well as the trust that CRC has placed in our products and performance.“We are confident that our ability to consistently meet our customers’ quality, quantity, timing and cost requirements, in combination with our focus on long-term sustainable success in China, has been key to our achievements in this fiercely-competitive market.”Bombardier in China has six joint ventures, seven wholly foreign-owned enterprises, and more than 7,000 employees, the company said.
MediaCelebrityEveryone’s Secret Boyfriend Jeff Goldblum Is the VIP Guest at This Week’s Live Taping of Ask Me AnotherGet thee to the Ace Hotel tonight for an evening of trivia and GoldbluminessBy Marielle Wakim – May 9, 2016662ShareEmailFacebookTwitterPinterestReddItIt’s safe to assume we can all agree on one thing, and I’m not talking about the poor life decision that is Justin Bieber’s new face tattoo: Regardless of age, race, gender, sexual orientation, etc., we are all in love with Jeff Goldblum. And for good reason—he is a man who unabashedly sings during interviews and who is known to rate himself on a scale from one to ten Goldblums. (He justifiably gives himself a ten.)Most Wednesdays you can find Goldblum at the Rockwell Table and Stage in Los Feliz, where the 63-year-old actor plays jazz music and parlor games with a bar full of delighted fans. This Wednesday, however, he’ll be at the Theatre at the Ace Hotel for a live taping of NPR’s Ask Me Another, a show where audience members and call-in listeners are pelted with trivia questions and brainteasers. Goldblum will be the celebrity VIP (“Very Important Puzzler”), who has the honor of playing a custom-built game. If you’ve ever read an interview with Jeff Goldblum, you know that this is a recipe for comedy gold(blum). (If you haven’t read an interview with Jeff Goldblum, reevaluate your life and then read this one like now.) As if the episode could get any better, Weird Al will also be on hand for a portion of the evening. We give that ten Goldblums out of a possible ten Goldblums.→ Ask Me Another, Wednesday, May 11 at the Theatre at the Ace Hotel. Doors open at 6:30 p.m., show starts at 7:30 p.m. Get tickets. TAGSWeird AlJeff GoldblumAsk Me AnythingNPRRadioAce HotelPrevious articleNew Westside Views, Courtesy of the Expo LineNext articleAll of the Cool Things You Need to Do Next Time You’re in SacramentoMarielle Wakim RELATED ARTICLESMORE FROM AUTHORToo Early for Christmas Music on the Radio? L.A.’s All-Holiday Stations Don’t Think SoKROQ Has Fired Its Entire Morning TeamGet Ready to Go Inside Jeff Goldblum’s Head
Foodies and music fans will enjoy British Airways’ latest efforts to make the experience of flying a little less painful.After its seven-hour train film to settle sleepless passengers, as well as its “happiness blanket”, comes the “Sound Bite”. That’s the pairing of music with food menus in a way that is designed to improve the taste of your dinner at 35,000 feet.Researchers at Oxford University have drawn upon a phenomenon known as “sonic seasoning” where listening to certain sounds changes the way you experience the food you’re eating or wine you’re drinking.According to BA chef Mark Tazzioli, being at such a high altitude reduces passengers’ abilities to taste by 30 per cent. So in addition to using umami-rich ingredients in its meals, the airline is now offering travellers a soundtrack to complement them.Coffee goes particularly well with Plácido Domingo’s Nessun Dorma from Turandot, as the Tenor’s lower tones are suited to the bitterness of the coffee, for example.The question is, do you choose the song that suits the food you’re eating, or the food that matches your favourite song?The playlist is available on BA’s long-haul flights from November, but if you don’t have a journey planned and want to test it out on the ground, here they are in the form of a Spotify playlist, with the menu to pair them with.StarterScottish salmonPaolo Nutini- Scream (funk my life up)Scottish musicians can enhance the provenance of Scottish foodsSavoury starterAnthony and the Johnsons- Crazy in loveorLouis Armstrong and Duke Ellington – AzaleaLow tones complement savoury startersBreakfastFull EnglishJohnny Marr, New town velocityBritish music should be paired with British foodMainBritish classicLily Allen, Somewhere only we knowPiano notes can enhance the sensation of sweet and bitter tastes.orColdplay- A sky full of starsBritish music should be paired with British foodRoast dinnerDebussy- Claire De LuneClassical music is suitable for meals such as Sunday lunch. The piano notes enhance the sensation of sweet and bitter flavoursDessertJames Blunt- You’re beautifulorMadonna- Ray of lightHigh tones boost sweet flavoursAfter dinner chocolateOtis Redding- Sitting on the dock of the bayLow tones can bring out the bitterness in chocolateDrinksRed wineThe Pretenders- Back on the chain gangRock music can enhance the depth of flavour, making red wine appear more “heavy”White wineHope/BBC Symphony Orchestra/Shostakovich- Romance from the Gadfly oOp.97Classical music can enhance the overall experience and perceptions of quality when paired with wine.CoffeePlacido Domingo- Nessun Dorma from TurandotTenors low tones are suited to the bitterness of coffee. British Airways pairs music and menus to make airplane food taste better with Lily Allen, Paolo Nutini and Coldplay playlist Show Comments ▼ whatsapp whatsapp Wednesday 22 October 2014 8:43 am Lynsey Barber Share More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULL
Thursday 23 April 2015 9:25 pm whatsapp Show Comments ▼ Tesco appoints DTZ to sell HQ Express KCS whatsapp TESCO has appointed DTZ to sells its Cheshunt headquarters after the grocer’s shock decision in January to shut the office and move staff to its other corporate building in Welwyn Garden City.The property advisory firm said it is exploring selling the leasehold or the freehold of New Tesco House. It declined to comment on the price but reports suggest that it could fetch up to £17m. Tags: NULL Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofWhat is ‘Ranked-Choice Voting,’ the New System for New York’s MayoralFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily Proof
What’s included? Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. David J. Phillip/AP Log In | Learn More Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Tags BiosimilarsSTAT+ @Pharmalot About the Author Reprints Tiny Denmark saved lots of money on biosimilar Humira, while Americans are still paying big bucks Pharmalot What is it? GET STARTED Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED Ed Silverman [email protected] By Ed Silverman June 3, 2020 Reprints For those yearning for the day when biosimilars save the U.S. health care system huge amounts of money, consider a recent episode in Denmark.In October 2018, the patent expired on Humira, a big-selling biologic drug that is used to treat rheumatoid arthritis, Crohn’s disease, and other ailments. The Danish government moved quickly and began accepting bids from companies that make biosimilar versions, which are nearly identical variants that are expected to yield the same health outcomes, but cost less than pricey brand-name biologics.
IE Staff The closed-end fund has been created to invest in an actively managed portfolio consisting primarily of first lien senior secured floating rate corporate loans of U.S. borrowers. The fund’s investment objectives are to provide unitholders with stable monthly cash distributions, preservation of capital and increased returns in the event that short-term interest rates rise. Initial distributions are targeted to be 6.5% per year based on the subscription price of $10 ($0.054167 per unit per month, or $0.65 per unit per year). Propel has retained Credit Suisse Asset Management, LLC to provide portfolio management services to the fund. Credit Suisse has approximately U.S. $400 billion in assets under management, including over U.S. $19 billion in senior secured loans. The syndicate of agents for this offering is being led by CIBC, National Bank Financial Inc., RBC Capital Markets, and TD Securities Inc., and includes BMO Capital Markets, GMP Securities L.P., Scotiabank, Raymond James Ltd., Canaccord Genuity Corp., Macquarie Private Wealth Inc., Desjardins Securities Inc., Dundee Securities Ltd. and Manulife Securities Inc. Senior Secured Floating Rate Loan Fund has filed a preliminary prospectus for an initial public offering of units, Toronto-based Propel Capital Corp., the manager and promoter of the fund, said Wednesday Class A units will be priced at $10 per unit, and Class U Units, designed for investors who want to make their investment in U.S. dollars, will be available at US$10 per unit. Related news Digital Consumer Dividend Fund files IPO Share this article and your comments with peers on social media Keywords Closed-end funds Faircourt migrates two closed-end funds to NEO Europe Blue-Chip Dividend & Growth Fund confirms termination date Facebook LinkedIn Twitter
RelatedTeam Jamaica Programme Enhancing Skills of Hospitality Workers Advertisements RelatedTeam Jamaica Programme Enhancing Skills of Hospitality Workers Team Jamaica Programme Enhancing Skills of Hospitality Workers UncategorizedNovember 23, 2006 FacebookTwitterWhatsAppEmail ‘Together Everyone Achieves More’, is the mantra that characterises Team Jamaica, a mandatory training and certification programme conducted by the Tourism Product Development Company (TPDCo) for persons employed or associated with the hospitality and tourism sector.The programme was developed in 1997 by an Advisory Council comprising both private and public sector tourism organizations including: The Ministry of Industry and Tourism, TPDCo, the Jamaica Tourist Board, the Jamaica Hotel and Tourist Association, the HEART Trust/NTA and the Chambers of Commerce.To date, TPDCo has trained 16,400 persons under the programme, ranging from hotel executives, waiters, and front office attendants to security personnel.Speaking with JIS News, Executive Training Manager at TPDCo, Hugh Shim explains that the Company introduced the programme on a directive from the Ministry of Industry and Tourism, that all 70,000 workers in the tourism sector must be exposed to training and certification.“It is our strong belief that the tourism product must first be experienced, sampled and accepted by our people, as it enhances their ability to market the services and facilities with pride to our visitors,” Mr. Shim points out.He adds that the main purpose of the programme therefore, is to “create a quality tourism team aimed at building team spirit, pride in self and country, and to certify participants as trained tourism personnel”.He notes that the Team Jamaica certification is a requirement for obtaining a Jamaica Tourist Board licence and work permits for the tourism sector.In terms of the duration of the programme, Mr. Shim explains that Team Jamaica runs for two weeks at a cost of $3,500.00 and facilitates 12 to 25 participants at each session. He notes that different regions are targeted each month but the programme may run for a longer period in areas that are heavily populated with tourists. These areas include Negril, Ocho Rios, and Montego Bay.The training modules cover tourism awareness, customer service, self-development, Jamaican history, geography, attractions, culture (cuisine and music), environmental awareness, a challenge quiz and an oral presentation.One key beneficiary of the programme is taxi operator, Laurence McGregor who describes the programme as “interesting and a learning process”.“The course has helped me to communicate better with the visitors and highlight Jamaica in a positive way and since tourism is a competitive business, I am now able to stay ahead of the game and equipped for the visitors. I can also pass on what I have learnt to fellow drivers,” Mr. McGregor points out.In addition to workers within the tourism sector, Mr. Shim notes that the training programme has to be pursued by “all hospitality students from the University of Technology, the community colleges and HEART”.Annually, approximately 1,600 persons are trained directly by TPDCo while the HEART Trust NTA trains an additional 3,200 persons based on a Memorandum of Understanding signed between the two agencies in April 2004.Mr. Shim states that the collaboration with HEART has continued over the years with the most recent thrust being the launch of the Team Jamaica Self-Teaching CD-Rom. The level 1 CD-ROM is designed for use as an instrumental tool and self-teaching courseware, and it is anticipated that its introduction will increase training in the tourism sector by 30 per cent.According to Mr. Shim, the self-teaching CD-ROM “gives more flexibility to the delivery and learning of the programme” and is suitable for persons with “heavy schedules, complicated working hours”, and who would not be able to attend the regular classroom sessions.The Team Jamaica training and certification programme has five levels: level one is for team members, while level two is for supervisors, level three for line managers, level four for general managers, and level five for instructors of the programme.For further information on the Team Jamaica programme, persons may contact TPDCo at (876) 968-3441/3626 or visit the website at www.tpdco.org. RelatedTeam Jamaica Programme Enhancing Skills of Hospitality Workers