Real Madrid have mastered the art of winning without hitting top gear this season but that strategy will be severely tested in Wednesday’s Champions League last 16 showdown against a Napoli side that have developed their own invincible aura.La Liga leaders Real were riding high as they set a Spanish record 40-match unbeaten streak in all competitions. That run was finally snapped by Sevilla last month and now Napoli have taken up the mantle of the hardest team to beat in Europe, stringing together 18 games without defeat.Real’s scrappy 3-1 win at basement club Osasuna on Saturday displayed visible weaknesses in their rearguard as Zinedine Zidane’s use of a back three bore mixed results, with goalkeeper Keylor Navas called upon numerous times to thwart the La Liga strugglers. (Also read: Real Madrid back on top after Osasuna win, Barcelona rout Alaves)The return of a fit-again Dani Carvajal should see the coach revert to his favoured 4-3-3 line-up as he has an almost full strength side at his disposal except for Gareth Bale, who has recently returned to training following an ankle injury.Real captain Sergio Ramos said his team needed to underline their credentials on Wednesday ahead of the return leg at Napoli’s notoriously atmospheric San Paolo stadium.”Napoli are strong opponents on a very good run and we’ll try and keep a clean sheet so we can have a more comfortable trip over there,” the defender said in a broadcast for Facebook Live on Monday.Napoli striker Arkadiusz Milik, who returned to the squad for Friday’s 2-0 win over strugglers Genoa but stayed on the bench after four months out with a knee injury, could make his comeback against Real.advertisementBelgium forward Dries Mertens has taken on the team’s attacking responsibilities in Milik’s absence, plundering 13 goals in his last 10 games and inspiring a run of seven wins and one draw in 2017, taking Napoli to third in Serie A.An estimated 10,000 Napoli supporters, including the team’s most famous player Diego Maradona, are expected to make the trip to the Spanish capital for the first competitive meeting with Real Madrid since the 1987.In addition, Jose Callejon and Raul Albiol will face their former side for the first time.”We’re feeling the fans’ support a lot. The Bernabeu is an intimidating stadium to play at but the only way to get past Real Madrid is to be brave and go there with intent,” Napoli and Spain goalkeeper Pepe Reina told radio station Onda Cero.”Maradona’s presence will motivate us and we hope we don’t disappoint him.”
Australian Prime Minister Malcolm Turnbull slammed the country’s national cricket team on Sunday following the ball-tampering scandal in the Cape Town Test.”We all woke up this morning shocked and bitterly disappointed by the news from South Africa,” Turnbull told reporters. “It seemed completely beyond belief that the Australian cricket team had been involved in cheating.”After all, our cricketers are role models and cricket is synonymous with fair play. How can our team by engaged in cheating like this? It beggars belief. There’s a lot of disappointment,” he added.WATCHAustralian government wants Steve Smith to be sacked after ball-tampering rowTurnbull said he had spoken to Cricket Australia chairman David Peever and hoped the sport’s governing body would take “decisive action”.Australian government wants Steve Smith to be sacked after ball-tampering row”I’ve expressed to him very clearly and unequivocally my disappointment and my concern about the events in South Africa,” Turnbull said.Integrity of Australian cricket is laughing stock of world sport: Adam Gilchrist”It’s their responsibility to deal with it but I have to say the whole nation who holds those who wear the baggy green up on a pedestal – about as high as you can get in Australia, higher than any politician that’s for sure – this is a shocking disappointment and it’s wrong and I look forward to Cricket Australia taking decisive action soon.”Australia ball-tampering scandal: How Steve Smith & Co. planned the coupSmith has since stepped down as captain from the remainder of the Cape Town Test against South Africa. Vice-captain David Warner also stood down from his post but both players have taken the field with Tim Paine leading the side.advertisementMichael Clarke not ruling out return as Australia captain after ball-tampering scandal”This test match needs to proceed, and in the interim we will continue to investigate this matter with the urgency that it demands,” Cricket Australia CEO James Sutherland said in a statement.Cricket Australia CEO on ball-tampering controversy: It’s a very sad day for Australian cricket”As I said earlier today, Cricket Australia and Australian cricket fans expect certain standards of conduct from cricketers representing our country, and on this occasion these standards have not been met.”All Australians, like us, want answers and we will keep you updated on our findings, as a matter of priority.””Today was a big mistake on my behalf and on the leadership group’s behalf” – Steve Smith #SAvAUS pic.twitter.com/VVIsSnJWslcricket.com.au (@CricketAus) March 24, 2018Smith did not join his team mates as they warmed up at Newlands before the fourth day’s play got underway at the venue at the foot of the Table Mountain.The Australians, including Smith and Warner, then walked out to a muted response from the sparse crowd. The four-match series is tied at 1-1 with the hosts in a strong position in the ongoing match.Australian Sports Commission meanwhile, asked Cricket Australia to sack Smith as captain.”The ASC condemns cheating of any form in sport,” Australian Sports Commission said in a statement. “The ASC expects and requires that Australian teams and athletes demonstrate unimpeachable integrity in representing our country.”Given the admission by Australian captain Steve Smith, the ASC calls for him to be stood down immediately by Cricket Australia, along with any other members of the team leadership group or coaching staff who had prior awareness of, or involvement in, the plan to tamper with the ball. This can occur while Cricket Australia completes a full investigation.”Sutherland had earlier said Smith would continue to lead the team at Cape Town and his fate would not be decided until CA’s head of integrity had flown to South Africa to investigate.Former players and pundits have also called on Smith to step down immediately, describing his position as “untenable”.Smith had admitted on Saturday that he was “embarrassed” by the scandal but had no intention of stepping down as skipper.Smith, who has led the team since 2015 and is their best batsman, confessed to reporters that the ball-tampering had been orchestrated by himself and senior players.Opening batsman Cameron Bancroft, the most junior member in the side at 25, was tasked with implementing the plan and was duly caught on camera using the tape.(With Reuters inputs)
The Hon. Natalie Neita Headley, Minister without Portfolio, with responsibility for Sport in the Office of the Prime Minister, has congratulated Ms. Sheckema Cunningham on her outstanding achievement of a gold medal in martial arts. Ms Cunningham participated in the micro-weight division at the Dutch Open in Eindhoven, the Netherlands on Sunday, January 20.“Ms. Cunningham has made Jamaica proud with her exceptional performance at the Dutch Open. I wish to commend her and the rest of the team who worked long and hard to prepare for this event. This rising star has once again placed Jamaica in the spotlight and we are very happy to share in this glorious moment with her,” Minister Neita Headley said.“This outstanding young woman has once again made history for our country by stamping her name in the martial arts record books with her incredible golden performance. She is a true inspiration and reminds all of us that with hard work and determination, anything is possible,” she said.Ms Cunningham was capturing her first European championship gold medal and becomes the only non-European and only black female participant in the 750 strong line-up of competitors to have achieved this feat – this after she defeated her Italian opponent in a close semi-final match and going on to defeat Poland in the final. In 2011, Ms. Cunningham made history when along with Alrick Wanliss they won bronze at the International Tae Kwon do Federation World Championships in New Zealand.Along with Ms Cunningham, the other Jamaicans competing for the first time at the event are Tashauna Grannum and Adrian Moore. Jason McKay accompanied them as their coach.
New Delhi: Business sentiment in India fell to its lowest level since June 2016, as companies were worried over a slowing economy, government policies and water shortage, a survey said Monday. According to the IHS Markit India Business Outlook, predictions of softer activity growth underpin the downward revisions of profit outlook, subdued hiring plans and relatively muted capital expenditure.The net balance of private sector companies foreseeing output growth in the year ahead fell from 18 per cent in February to 15 per cent in June — this matches the data of June 2016, and also October 2009 when aggregate figures became available. Also Read – Maruti cuts production for 8th straight month in Sep”June sees business sentiment in India fall to the joint lowest level since comparable data became available in 2009,” the survey said. The survey said water shortages, public policies and weak sales have restricted sentiment in June. Companies are also concerned about potential rupee depreciation pushing prices for imported materials upwards, lack of skilled labour, likely tax hikes, financial difficulties and customers increasingly demanding discounts. Also Read – Ensure strict implementation on ban of import of e-cigarettes: revenue to Customs”As seen across emerging markets, business sentiment in India is down in June, dampened by worries about the sustainability of the economic upturn, water shortages, public policies and regulation,” said Pollyanna De Lima, principal economist at IHS Markit. However, hopes of pro-business government policies and a better financial flow continue to underpin optimism towards output and profitability growth in the year ahead. On the employment front, amid predictions of a pick-up in demand, companies plan to expand capacity by hiring additional workers. “As such, firms plan to expand capacities by taking on additional workers, though sentiment for all measures of expenditure are anaemic,” Lima said. The Global Business Outlook Survey for worldwide manufacturing and services is produced by IHS Markit and is based on a survey of around 12,000 manufacturers and service providers that are asked to give their thoughts on future business conditions. The report is produced on a tri-annual basis, with data collected in February, June and October. The latest survey was conducted between June 12 and 26. Last week IHS Markit said in a report that India will this year overtake the UK to become the world’s fifth biggest economy, and is poised to surpass Japan to be the third largest in 2025. Following the re-election of the BJP government led by Prime Minister Narendra Modi to a second term of office in May 2019, the Finance Ministry has published an economic roadmap to 2025 in its latest annual Economic Survey. The key goal is to transform India from a USD 3 trillion economy in 2019 to a USD 5 trillion economy by 2025, lifting India into the ranks of the world’s upper-middle-income countries, it said. “IHS Markit estimates that India will overtake the UK to become the world’s fifth largest economy in 2019, and forecasts that Indian GDP will reach USD 5.9 trillion in 2025, surpassing Japanese GDP to make India the world’s third-largest economy,” the report said. Also, the size of the Indian consumer market is forecast to increase from USD 1.9 trillion in 2019 to USD 3.6 trillion by 2025. “As India continues to ascend in the rankings of the world’s largest economies, its contribution to global GDP growth momentum will also increase. As the size of its consumer market continues to grow at a rapid pace, India will also play an increasingly important role as one of the Asia-Pacific region’s major economic growth engines, helping to drive Asian regional trade and investment flows,” IHS said. But to achieve this, the country’s new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years. The role of investment is seen as a critical enabler for innovation, rapid productivity growth and new technology, helping to boost jobs growth.
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Tuesday declined to give any interim relief to auditing firms Deloitte Haskins & Sells LLP and B S R Associates LLP with regard to a ban imposed on them in the IL&FS case. The NCLT Mumbai will continue its scheduled hearing in the case of their alleged role in the IL&FS fraud matter, a three-member bench headed by Chairperson Justice S J Mukhopadhaya said. The NCLAT, however, said that the NCLT will not pass any final order till its next hearing on September 20. Also Read – Thermal coal import may surpass 200 MT this fiscalListing the matter for September 20, the NCLAT also issued a notice to the Ministry of Corporate Affairs to file its reply within two weeks. The NCLAT was hearing appeals filed by Deloitte and BSR against the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which on August 9, rejected their pleas of challenging its jurisdiction to ban them from the business for five years for their omissions and commissions in the IL&FS Group scam. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostThe NCLT will hear the matter on September 5. The court had allowed the corporate affairs ministry to prosecute them along with 21 others in the same case, though the implementation of the same has been stayed after they sought time to challenge the order at the appellate tribunal NCLAT. The ministry in June moved NCLT seeking a five-year ban on these auditors in the IL&FS fraud case. The auditors — the local arm of the England-based Deloitte Haskins & Sells, which is one of the big four accounting firms, and BSR & Associates, which is the local affiliate of another big four, the US-based KPMG — had challenged the jurisdiction of the NCLT to ban them under Sec 140(5) of Company’s Act. They had challenged the jurisdiction of the NCLT to ban them, saying section 140(5) of the Companies Act pertains to auditors who are still auditing the company in question while they have already resigned from the service and thus cannot be banned under the given provisions. While Deloitte had stopped auditing IL&FS Group, which owes over Rs 95,000 crore to lenders and other financial institutions, by the end of FY2017-18, BSR was the statutory auditor of IL&FS Financial Services (IFIN) and resigned only in June this year-nine months after the company was sent to the bankruptcy court. The Serious Fraud Investigation Office (SFIO) in its investigation found them guilty of painting a rosy picture of IFIN despite being aware of the poor financial health of the company, triggering the ministry to seek ban on the auditors.
Last week, Hollywood celebs anted up at the “Get Lucky for Lupus LA” poker tournament and award ceremony honoring Nick Cannon.Nick Cannon and Toni BraxtonNick Cannon, multi-faceted entertainer, film star, comedian, TV & radio host, musician, writer, director, executive producer and Philanthropist received the Ace Award presented by Lupus LA Ambassador Toni Braxton with Lupus LA Chairman Adam Selkowitz.Also at the event were Michael B. Jordan, Tito Ortiz, Jason Collins, Lou Diamond Phillips, Shanna Moakler, Tia Carrere and many more.
The latest on developments in financial markets (All times local):4 p.m.Stocks are closing slightly lower on Wall Street, pulling the market below the record highs it set the day before.Losses in industrial and energy stocks contributed the most to the modest declines on Thursday. Boeing lost 3.1 per cent while Kinder Morgan fell 2.9 per cent.La Quinta rose 3.8 per cent after Wyndham Worldwide agreed to buy its hotel franchise and management business. Wyndham gained 4.8 per cent.The Standard & Poor’s 500 index fell 4 points, or 0.2 per cent, to 2,798.The Dow Jones industrial average gave up 97 points, or 0.4 per cent, to 26,017. The Nasdaq composite fell 2 points, less than 0.1 per cent, to 7,296.Bond prices fell. The yield on the 10-year Treasury note rose to 2.62 per cent. That’s the highest level for the benchmark yield since March.___11:45 a.m.Stocks are moving lower in midday trading, pulling the market back from the record highs it set the day before.Losses in health care, industrial and other sectors were outweighing gains by phone and technology companies Thursday. Energy stocks also fell.Boeing lost 2.9 per cent and Merck gave up 2.2 per cent.La Quinta rose 3.4 per cent after Wyndham Worldwide agreed to buy its hotel franchise and management business.The Standard & Poor’s 500 index fell 8 points, or 0.3 per cent, to 2,794.The Dow Jones industrial average gave up 134 points, or 0.5 per cent, to 25,976. The Nasdaq composite fell 11 points, or 0.2 per cent, to 7,286.Bond prices fell. The yield on the 10-year Treasury note rose to 2.61 per cent.___9:35 a.m.Stock indexes are wavering between small gains and losses in early trading on Wall Street as gains for technology companies are offset by losses in energy and other sectors.Some banks were higher early Thursday after reporting earnings that were better than analysts were expecting. Morgan Stanley rose 1 per cent and BB&T gained 3.2 per cent.La Quinta rose 4.5 per cent after Wyndham Worldwide agreed to buy its hotel franchise and management business.The Standard & Poor’s 500 index was up 1 point at 2,804.The Dow Jones industrial average was little changed at 26,123. The Nasdaq composite edged up 3 points, less than 0.1 per cent, to 7,302.Bond prices fell. The yield on the 10-year Treasury note rose to 2.61 per cent.
Madrid – Spain will have to hold a new round of parliamentary elections if the Spanish Socialist Workers’ Party (PSOE) refuses to form the coalition with the Spain’s People’s Party (PP), leader of PP Mariano Rajoy said Tuesday.In June, Spain’s center-right PP won the most seats in the parliamentary elections, with the PSOE finishing second. None of the political forces has an absolute majority and thus cannot form a government on their own.Following the elections, Rajoy initiated negotiations to form a government, which have so far yielded little results. On July 28, Rajoy accepted the offer of King of Spain Felipe VI to form a new government.“Socialists should change their position. If the Socialists continue saying no [to the coalition], there will be new elections and everyone knows this,” Rajoy said.He added that forming the government as soon as possible was a priority for the country.“This is what Spaniards expect from us. Spain needs a government due to the economic situation, due to the need for stable institutions — the government which would adopt the budget, which will fulfill the obligations towards the European Union. But first of all, the one which would create new jobs. We can not lose what we have achieved over the past several years,” Rajoy added.
20 August 2009The United Nations has released over $200,000 in emergency funding to meet health needs in northern Yemen , the scene of deadly fighting between Government troops and rebels. The World Health Organization (WHO) has received the funds from the Central Emergency Relief Fund (CERF) to help civilians uprooted by clashes in the Al-Malaheed area of Saada province, which borders Saudi Arabia and is a relatively remote and inaccessible region, where the violence has been concentrated. WHO will use the influx of funds to provide health services, especially for women and children, as well as treat diarrhoea and acute respiratory infections. The agency has already sent enough medical supplies to treat 200 people who have sustained injuries in the fighting, with plans to send more supplies next week. Staff have been dispatched from WHO’s regional office in Cairo , Egypt , to Yemen , and the agency is working with the UN Children’s Fund (UNICEF) to coordinate a combined health and nutrition response to the situation. Yesterday, Secretary-General Ban Ki-moon voiced concern about escalating hostilities in northern Yemen , appealing to all sides in the clashes to facilitate the delivery of humanitarian assistance to affected areas, his spokesperson Marie Okabe said following questions from journalists. He also voiced hope that the situation in would soon be resolved by peaceful means and that the fighting will stop.
Phil Knight plans to step down as Nike chairman, says job should go to CEO Mark Parker FILE – In this Monday, Jan. 12, 2015, file photo, Nike Chairman Phil Knight walks near the field before the NCAA college football playoff championship game between Ohio State and Oregon in Arlington, Texas. Knight plans to step down and says he wants Nike President and CEO Mark Parker to succeed him. (AP Photo/David J. Phillip, File) by The Associated Press Posted Jun 30, 2015 3:51 pm MDT Last Updated Jun 30, 2015 at 6:28 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email NEW YORK, N.Y. – Nike Chairman Phil Knight, who turned a business selling shoes out of the back of his car into the world’s most valuable sports brand, has announced plans to step down as company chairman.Knight, 77, was a middle distance runner in college who began the company in a handshake deal with Oregon coach Bob Bowerman in 1964, with each putting up $500. With shrewd marketing campaigns built around celebrity endorsers like Michael Jordan and Tiger Woods, he made the swoosh one of the most recognizable logos around the globe.That phenomenal growth also landed Knight on Forbes magazine’s list of 50 richest people in the world, with a net worth estimated at $24 billion.“For me, Nike has always been more than just a company — it has been my life’s passion,” Knight said in a statement.Knight said he wants Nike President and CEO Mark Parker, who has held those positions since 2006, to succeed him. No specific date was set for Knight’s departure, though he said he plans to stay involved in the business. Nike Inc. said it expects to name a new chairman in 2016.Knight sold his first pairs of shoes out of an old Plymouth Valiant while travelling the same Pacific Northwest track circuit on which he once competed. The company was originally named Blue Ribbon Sports, but changed in 1978 to Nike — the winged goddess of victory in Greek mythology — on the advice of a friend.Knight said at the time, “I don’t love it, but it will grow on me.”By 1969, Knight was making enough selling shoes to quit his full-time job as an accountant and devote himself to the footwear company. Two years later, he paid $35 to Carolyn Davidson for the original swoosh logo design now plastered across the uniforms and shoes of athletes from the World Cup to little leagues. Building the brand through shrewd advertising campaigns and top-flight celebrity athlete endorsers like Jordan and Woods, he turned the company into what Forbes called the “most valuable sports brand in the world.”Knight also says he will transfer most of his Nike stock to a limited liability company called Swoosh LLC. The directors of the company will be Knight himself, Parker, and Nike directors Alan Graf and John Donahoe. On Tuesday, Knight said he had transferred 128.5 million shares, or about 15 per cent of Nike’s total outstanding shares, to Swoosh. Because Knight owns a large amount of Nike’s Class A shares, which aren’t publicly traded, Swoosh now has the power to elect three-quarters of Nike’s board.Knight says the move will help keep Nike’s corporate governance strong.As of a year ago, Knight owned about 75 per cent of Nike’s Class A shares and a fraction of a per cent of its Class B shares. The Class B shares are currently trading around all-time highs and closed at $108.02 on Tuesday.On Thursday, Nike said its annual profit grew 22 per cent to $3.27 billion and its revenue rose 10 per cent to $30.6 billion.The Beaverton, Oregon-based company also named Knight’s son Travis to a spot on the board Tuesday. Travis Knight, 41, is the CEO of animation studio Laika LLC and was producer and lead animator on the movies “ParaNorman” and The Boxtrolls___This story has been corrected to show Knight’s age is 77, not 76.
She was pleased that the issue of the US military use of Shannon was being highlighted, and expressed her thanks to everyone who has shown their support. According to the duo, D’Arcy “was in good spirits and talked passionately on a range of issues”.They said she described conditions in the prison as “unsatisfactory” and also said that the impact on the women who are imprisoned is something “that needs urgent attention”.With regard to the possibility of a Presidential pardon, Shannonwatch said that D’Arcy said that “the question of whether or not she could accept a pardon would depend on what it was for”.The artist also spoke of the irrelevance of age when it comes to taking action:A person’s age is not relevant when it comes to taking action. I may have fewer commitments to family now than a younger person would, and this gives me the opportunity – as well as the duty – to act. It’s important to realise that people can be effective regardless of age.WomenShannonwatch said that D’Arcy also spoke of the important role of women in conflict resolution.In particular she spoke about UN Security Council resolution 1325, which refers to the disproportionate and unique impact of armed conflict on women and recognises the contributions women make to conflict prevention, peacekeeping, conflict resolution and peace-building.Meanwhile, Aosdana, the state-funded arts group of which D’Arcy is a member, has called for her release, the Irish Independent reports.It said that six of the 1o members of Aosdana’s managing committee voted in favour of a motion calling for the immediate release of D’Arcy on compassionate grounds.Read: “Nobody is above the rule of the law” – Shatter on Margaretta D’Arcy> JAILED ACTIVIST MARGARETTA D’arcy has thanked her supporters, the group Shannonwatch said today.Yesterday, the group’s members Zoe Lawlor and John Lannon visited D’Arcy in Limerick Prison.D’Arcy (79) has been in the prison for 10 days. She was jailed for three months for trespassing on the runway of Shannon Airport.She refused to sign a bond to uphold the law for two years and stay out of unauthorised zones at Shannon Airport. As a result of this, her sentence was not suspended.ShannonwatchThe Shannonwatch members said that during the visit, they told Margaretta about the great support there is for her.They also brought her photographs and reports of demonstrations in Galway, Limerick, Dublin, London and Bil’in in Palestine, as well as some of the articles written about her in recent weeks.They said:
THE KREMLIN TODAY said it was “too early” to say whether it could work with Volodymyr Zelensky, the comedian who was elected to the Ukraine presidency in a weekend vote.“It’s too early to talk about President (Vladimir) Putin congratulating Mr Zelensky, or about the possibility of working together. It will only be possible to judge based on real actions,” Kremlin spokesman Dmitry Peskov said.Peskov said Moscow “respects the choice of the Ukrainian people”.But he added that the fact that Ukrainian citizens living in Russia had been barred from participating in the vote “called into question the legitimacy of the election as a whole”.Ukraine and Russia have been at loggerheads since a 2014 Kiev uprising ousted a pro-Kremlin leader. Russia that year annexed Crimea and has backed separatists in a conflict in eastern Ukraine that has killed some 13,000 people.Shortly after Zelensky’s landslide victory yesterday, Russian Prime Minister Dmitry Medvedev said the new leadership could be “a chance for improving cooperation with our country”.However he said he was under “no illusions” about the president-elect.Zelensky, whose sole political experience so far has been limited to playing the role of president in a TV show, has vowed to stick to the pro-European course set by his predecessor.He has said he will also try to improve ties with Moscow.© AFP 2019 File photo of Volodymyr Zelensky. Image: Yaghobzadeh Rafael/ABACA Monday 22 Apr 2019, 5:04 PM https://jrnl.ie/4602473 File photo of Volodymyr Zelensky. 44 Comments 12,228 Views Share Tweet Email By AFP Apr 22nd 2019, 5:04 PM Russia says it’s ‘too early’ to say whether it could work with Ukraine’s new leader Volodymyr Zelensky won a landslide victory yesterday. Image: Yaghobzadeh Rafael/ABACA Short URL Tweet thisShare on FacebookEmail this article
Greek and Chinese authors and publishing houses this week signed a cultural exchange agreement to promote book publications in both languages. We hope that through the books and our presence at the Shanghai Expo, Chinese people will learn more about Greek culture.Two children’s books will be published according to the agreement. One is written by a Greek author and illustrated by a Chinese illustrator. The other is written by a Chinese author and illustrated by a Greek illustrator. The two books will be published simultaneously in Greece and China. Giorgos Poussaios, general secretary for Tourism of Greece, said Greece hopes to enhance cooperation in culture, tourism and other areas of common interest with China. He hailed the cultural exchange agreement as an important step towards the goal. “We hope that through the books and our presence at the Shanghai Expo, Chinese people will learn more about Greek culture,” Poussaios said. “We invite all Chinese to visit Greece,” he added. The agreement is part of China’s national reading program, which introduces foreign books to Chinese children, parents and teachers. The two countries have intensified cultural exchange in literature in recent years. China was the featured country at the 7th Thessaloniki Book Fair, a major book event in Greece, in 2010, while Greece was the featured country at the Beijing International Book Fair in 2008. Facebook Twitter: @NeosKosmos Instagram
GLENDALE, Ariz. — Auburn running back Michael Dyer never heard any whistle, so he just kept running — past the tackler who thought he had him down and deep into Oregon territory.Dyer broke stride, then took off on a once-in-a-lifetime run in the final minutes, setting up a field goal on the last play that led No. 1 Auburn over the No. 2 Ducks 22-19 in the BCS championship game Monday night.The freshman running back upstaged Auburn’s Heisman-winning quarterback Cam Newton with a 37-yard run, in which he appeared down but wasn’t — his knee never hit the ground — as he rolled over Oregon defender Eddie Pleasant to put the Tigers in scoring position.Three plays later, Dyer ran 16 yards to push the ball to the 1 and set up Wes Byrum’s 19-yard field goal with no time left. It was his sixth career game-winning field goal — the one that capped off a perfect, 14-0 season, brought the title back to Auburn for the first time since 1957 and left the Southeastern Conference on top for the fifth straight year.“Fifty-three years, baby,” coach Gene Chizik said to the cheering crowd. “This is for you. War Eagle!”A classic sequence to close out a wild finish — five crazy minutes of football that made up for the first 55, which were more of a bruising battle than the offensive masterpiece everyone had predicted.
The U.S. consumer magazine segment continues to struggle with a weakening economy, declining circulation and a soft advertising market, but it’s still relatively stronger than newspapers.So says an extensive report published this week by Fitch Ratings, a ratings agency serving global credit markets.The agency says it fielded a number of inquiries from investors following recent “corporate actions” including Ziff Davis Media’s Chapter 11 filing, U.S. News & World Report’s recent announcement that it would cease weekly publication, and announcements by Hearst and Condé Nast of the closures of Quick & Simple and Golf for Women, respectively.The report also predicts fewer new magazines coming to market “as the economics of launching new product become unattractive,” an assertion that seems to be supported by Samir Husni’s mid-year analysis of magazine launches. “It is likely that the larger players will seek to rationalize available print advertising inventory,” Fitch’s report states. “This shake-out could be painful for certain titles and companies.” But if the consolidation “can be achieved without over leveraging their balance sheets,” the remaining publishers that are left “could benefit from scale through portfolios of top brands in demographics that are attractive to advertisers.” The shift to digital media has had a “high-profile negative effect” on both consumer magazines and newspapers. But magazines face “two key disadvantages” when compared to newspapers, Fitch says: their advertisers are often represented by agencies which are, in short, more savvy than newspaper ad buyers. “[Magazine] advertisers are often represented by media planners and buyers who have access to sophisticated tools for evaluating the effectiveness of different media, compared with newspaper clients who are often local advertisers with few resources for evaluating the return on investment.”The relatively low barrier of entry for existing magazine publishers to develop “knock-offs” to their competitors is also a disadvantage.Yet consumer magazines are not as exposed as newspapers to the digital shift because they are, in general, more targeted, have a lower price point and aren’t as reliant on classified advertising.Interestingly, the report argues that because of intense competition historically, the magazine industry and its management teams are better positioned to adapt to change: “More so than newspapers, magazines have had adapt to changing consumer tastes, which requires a different culture and attitude toward change (magazines get shut down, whereas newspapers rarely do). Over time, competition breeds more rigorous management infrastructure, discipline and the ability to make difficult decisions. Thus, Fitch believes magazine management teams and sales forces are better equipped to adapt.”Download the full report here.
Blodget said BI was not running a sales process when Axel Springer came calling, but Axel’s earlier investment made an impression. “We were not looking to sell the company,” he said. “When they approached us and asked us if we would consider it, based on our experience with them we were excited.” On the call Axel Springer said a no-debt value of $390 million for BI is based on 6x 2016 revenues. “Business Insider knows how to reach the 18-24 year olds, where and how they want to read news,” he said. “Which brings us to the main reason for the success of Business Insider, the digital storytelling. Punchy headlines, engaging visuals and fast-breaking news. It’s a combination of being serious and fact-driven but on the other hand entertaining. That leads to a very attractive audience.” For his part, Blodget also sees major potential in paid content. “There’s a limit to the depth of journalism and content you can produce with only and advertising model,” he said in the call. “We can go much deeper with a subscription model and Axel Springer has incredible expertise with subscriptions.” Axel Springer has made good on earlier reports that it was close to buying business news site Business Insider. The company, which already owned a 9 percent stake, announced this morning that it’s buying another 88 percent for $343 million based on a full value of $442 million. Döpfner pointed out that BI has already started a paid content model, with BI Intelligence and its recently launched Tech Intelligence, and sees that as an opportunity to hedge ad revenues. “They’re already monetizing with regards to ad revenues and they’ve already started the paid content model. We hope we can do more things on that front since Axel Springer has been an early mover and player with subscription models.” Following the deal, Axel Springer projecting 30 percent annualized revenue growth. BI is expecting a 50 percent growth rate for 2015. Axel Springer expects BI to break even by 2018 including growth investments. Moving forward, Döpfner says the first priority will be continued growth in reach (“It’s all about growth”), then more monetization and then boosting profits. Axel Springer CEO Mathias Döpfner said on the call that the deal was attractive for mainly two reasons—BI’s millennial audience, with numbers describing one in four visitors as a business millennial, and the potential for a much bigger subscription platform. Founder and CEO Henry Blodget and COO Julie Hansen will stay with the company, remaining “significantly committed” on the equity side, said Blodget in a conference call. But Blodget is also betting heavily on distributed content and the recent alpha launch of BI’s more generalized content brand Insider is a result of that. “Instead of publishing on a website, we will be placing the stories where the readers are—on social platforms. We launched Insider on social. It’s very video heavy and that could grow to be very broad in terms of what we do.”
Union Railway Minister Mallikarjun Kharge, while presenting the Railway budget has announced the introduction of 72 new trains. Out of this, there will be 17 Premium trains, 38 Express trains, 10 Passenger trains, 4 MEMU and 3 DEMU. Three trains will be extended and the frequency of another three trains will be increased.Full List of New Trains Premium Trains:Howrah – Pune AC Express (Bi-weekly) via Nagpur, ManmadKamakhya – New Delhi AC Express (Weekly) via Chhapra, VaranasiKamakhya – Chennai AC Express (Weekly) via Malda, HowrahMumbai – Howrah AC Express (Bi-weekly) via Nagpur, RaipurMumbai – Patna AC Express (Bi-weekly) via Khandwa, Itarsi, ManikpurNizamuddin – Madgaon AC Express (Bi-weekly) via Kota, Vasai RoadSealdah -Jodhpur AC Express (Bi-weekly) via MughalsaraiYesvantpur – Jaipur AC Express (Weekly) via Gulbarga, Pune, Vasai RoadAhmedabad – Delhi Sarai Rohilla Express (Tri-weekly) via Palanpur, Ajmer, RewariBandra – Amritsar Express (Weekly) Via Kota, New Delhi, AmbalaBandra (T) – Katra Express (Weekly) via Kota, New Delhi, AmbalaGorakhpur – New Delhi Express (Bi-weekly) via Lucknow, MoradabadKatra – Howrah Express (Weekly) Express via Mughalsarai, Varanasi, SaharanpurMumbai – Gorakhpur Express ( Bi-weekly) via Khandwa, Jhansi, KanpurPatna- Bangalore Express (Weekly) via Mughalsarai, Chheoki, Manikpur, NagpurYesvantpur – Katra Express (Weekly) via Gulbarga, Kacheguda, Nagpur, New DelhiThiruvananthpuram – Bangalore (Yesvantpur) Express (Bi- weekly) via Erode, TirupatturExpress Trains :Ahmedabad – Katra Express (Weekly) via Palanpur, Jaipur, Rewari, Hisar, Bathinda, AmritsarAhmedabad – Lucknow Jn Express (Weekly) via Palanpur, Jaipur, Bandikui, Mathura, KasganjAhmedabad – Allahabad Express (Weekly) via Jalgaon, Khandwa, Itarsi, Satna, ManikpurAmritsar – Gorakhpur Express (Weekly) via Saharanpur, Moradabad, Sitapur Cantt.Aurangabad – Renigunta Express (Weekly) via Parbhani, Bidar, VikarabadBangalore – Chennai Express (Daily) via Bangarpet, JolarpettaiBandra (T) – Lucknow Jn Express (Weekly) via Kota, Mathura, KasganjBareilly – Bhopal Express (Weekly) via Chandausi, Aligarh, Tundla, AgraBhavnagar – Bandra Express (Weekly) via AhmedabadBhavnagar- Delhi Sarai Rohilla Link Express (Weekly)Gandhidham – Puri Express (Weekly)Gorakhpur – Pune Express (Weekly) via Lucknow, Kanpur, Bina, ManmadGuntur-Kacheguda Double Decker Express (Bi-weekly);Howrah – Yeswantpur AC Express (Weekly)via Bhubaneswar, Gudur, KatpadiHubli – Mumbai Express (weekly) via Bijapur, SholapurHyderabad – Gulbarga Intercity (Daily)Jaipur – Chandigarh Intercity (Daily) via Jhajjar;Kacheguda – Tirupati Double Decker Express (Bi Weekly);Kota – Jammu Tawi Express (Weekly) via New Delhi, AmbalaKanpur – Bandra (T) Express (Weekly) via Kasganj, Mathura, KotaLucknow – Kathgodam Express (Tri-weekly)Manduadih – Jabalpur Express (Weekly) via Allahabad, Manikpur, SatnaMalda Town – Anand Vihar Express (Weekly) via Amethi & Rae Bareli;Mannargudi – Jodhpur Express (Weekly) via, JaipurMumbai – Chennai Express (Weekly) via Pune, Gulbarga, WadiMumbai – Gorakhpur Express (Weekly) via Gonda, Balrampur, Barhani (after gauge conversion);Mumbai – Karmali AC Express (Weekly) via RohaNanded – Aurangabad Express (Weekly) via Purna, ParbhaniNagpur – Rewa Express (Weekly) via SatnaNagercoil – Kacheguda Express (Weekly) via Karur, Namakkal, SalemPune – Lucknow Express (Weekly) via Khandwa, Bhopal, Bina, Jhansi, KanpurRamnagar – Chandigarh Express (Weekly) via Moradabad, SaharanpurRanchi – New Jalpaiguri Express (Weekly) via Jhajha, KatiharSecunderabad – Visakhapatnam AC Express (Weekly) via Kazipeth, VijaywadaSantragachi – Anandvihar Express (Weekly)Srigangnagar – Jammu Tawi Express (Weekly) via Abohar, Bathinda, DhuriThiruvananathapuram-Nizamuddin Express (Bi-weekly) one day via Kottayam and one day via AllepeyVaranasi – Mysore Express (Bi-weekly) via Wadi, DaundPassenger Trains:Bina – Katni Passenger (Daily)Dekargaon – Naharlagun Passenger (Daily) after completion of new lineGunupur – Visakhapatnam Passenger (Daily)Hubli – Belgaum Fast Passenger (Daily)Jaipur – Phulera Passenger (Daily)Mannargudi – Mayiladuthurai Passenger (Daily)Punalur – Kanniyakumari Passenger (Daily) via Kollam, ThiruvananthapuramSambalpur – Bhawanipatna Passenger (Daily)Tatanagar – Chakulia Passenger (Daily)Tiruchendur – Tirunelveli Passenger (Daily)MEMU Trains :Anand – Dakor (Daily 2 services)Anuppur-Ambikapur (6 days a week)Delhi – Rohtak Passenger (Daily 2 services)Santragachi – Jhargram (5 days a week)DEMU Trains :Morbi – Maliya MiyanaRatlam – Fatehabad Chandrawati Ganj (Daily) after gauge conversionRewari – Rohtak (Daily)Extension of Trains14705/14706 Delhi Sarai Rohilla – Sujangarh Express to Jodhpur15281/15282 Patna – Saharsa Express to Murliganj15013 / 15014 Kathgodam – Bhagat Ki Kothi Ranikhet Express to JaisalmerIncrease in Frequency:16571/16572 Bidar – Yesvantpur Express 3 days to daily17225/17226 Hubli – Vijayawada Express from 3 days to daily17319/17320 Hubli – Secunderabad Express from 3 days to daily
Do not feed dogs and cats them leftover food at any cost. Do not leave milk out for cats as it tends to spoil in the heatPexelA 58-year-old tourist from the United States reportedly called police after a hotel in Gujarat asked her to leave with her 14 pets. At the time of check-in on Tuesday, April 9, Nauren Flower had seven dogs, six cats and a goat.The hotel owner had requested Nauren to check-out due to complaints from other guests, but she refused to leave. However, she called the police and lodged a complaint against the hotel owner.”We asked her to leave as we don’t allow pets. She said she won’t leave as her booking was till April 11 and called the police,” said the manager of Ahmedabad’s Hotel Silver Springs, Pradeep Aggarwal. “We are suffering huge losses. Many people are checking out of my hotel. Despite repeated pleas, she is not ready to part with them. She is calling them her family,” he added.Even the local police were in a fix over the matter. The Ahmedabad Police Control Room had asked the cops to reach the hotel to ascertain the situation. But they failed to convince the tourist to let her pets stay at a separate place.The police officials said that the tourist told them she wouldn’t leave her pets as the hotel was booked till Thursday, April, 11.
GoldThe prices of gold in the local market have shot up again by Tk 1,167 per bhari (11.664 grams). After the latest hike, the price of one bhari of 22-carat gold stands at Tk 51,322 while 21-carat gold price at Tk 48,989, 18-carat gold at Tk 43,973 and traditional gold at Tk 27,585 per bhari. The new prices will come into effect from today, Friday.Bangladesh Jewellers’ Samity (BAJUS) announced the price hike in a statement on Thursday. The price of silver, however, remained unchanged at Tk 1,050 while platinum has been set at Tk 64,152 per bhari. Earlier, BAJUS increased the prices of gold by Tk 1,166 per bhari in last January.