According to the UN Organization Mission in the DRC (MONUC), eyewitnesses on the scene described yesterday’s early morning rebel-led assault on Nyanda – some 20 kilometres northeast of Bunia in the DRC’s volatile Ituri region – which left nine people dead, mostly women and children. When MONUC and the French-led Interim Emergency Multinational Force contingent arrived, residents of the village said several houses were torched and some cattle were stolen. The villagers alleged that armed ethnic Lendu militiamen, accompanied by some civilians, launched the attack from the nearby Lendu village of Loga, under the control of the Forces Nationalistes Intergrationnistes (FNI) armed group. MONUC said the recent attack follows one on Fataki and Bule last week, and the assaults on three other villages – Kasenyi, Drod and Nizi – in the strife-torn region in July, all allegedly carried out by FNI forces. The mission expressly condemned the massacre of 22 people at Nizi, again mostly women and children, as “unspeakable acts of savagery,” and vowed the perpetrators would be brought to justice.In late May, the Security Council authorized the deployment of the international emergency force to help stabilize the situation in the resource rich area, where ethnic clashes between Lendu and Hema clans had killed more than 400 people since late Spring. In mid-July, fighting in remote areas of the northeast, particularly in the Kivius, continued, even as the international community was welcoming the installation of a new power-sharing transitional government in the capital Kinshasa.
Jan Egeland, formerly head of the Norwegian Red Cross and a Norwegian state secretary, told a news briefing in New York that the Office for the Coordination of Humanitarian Affairs (OCHA) was struggling to maintain a presence in Iraq and would not be deterred.But security conditions were such that OCHA was scaling down its staff there to a fraction of what it was and many humanitarian agencies were cutting back to one international staff, whereas they each had several dozen before, Mr. Egeland said.He noted, however, that the Office had a better response system today than when it was first created in the wake of the 1991 Persian Gulf War and could, within 24 hours, send anywhere in the world a team of qualified and experienced experts to do assessments and then organize relief action. “Being there”, he said, meant not only life-saving services but also being witnesses to what was occurring, protecting local staff, and being able to plan future development and reconstruction. But in Liberia, OCHA had to leave due to the turmoil and it also had to leave during the Afghan crisis, he added.Maintaining a presence was closely linked to the right of access, he continued. In many parts of Africa, the Middle East and other parts of the world, OCHA did not have access. Governments often did not do what should be done to provide access. Also, turmoil prevented assistance from reaching the affected. He hoped that issue would receive more attention from Member States and other partners.Mr. Egeland also said a major problem was that most humanitarian emergencies were forgotten and lacked funds. Many of the forgotten disasters, most of them in Africa, got a fraction of what better-known crises received. One of his tasks would be, with the help of the media, to shed light on those crises.People were dying today in many areas because OCHA was not able to do its job and did not have the resources, he added. While he would like to avoid being protected by arms, in some cases, such as in Iraq, humanitarian personnel were totally dependent on armed protection, he added.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (12,748.15 down 53.08 points):Manulife Financial Corp. (TSX:MFC). Insurer. Up 44 cents, or 2.96 per cent, at $15.28 on 7,780,292 shares. The insurer reported improved fourth-quarter profit last week despite a 26 per cent decline in revenue.San Gold Corp. (TSX:SGR). Miner. Down 13.5 cents, or 23.28 per cent, at 44.5 cents on 7,568,666 shares. The gold producer’s stock has continued to slide since Thursday and closed at its lowest level since 2005.BlackBerry (TSX:BB). Wireless technology. Down 75 cents, or 4.54 per cent, at $15.76 on 6,619,513 shares. Forbes reported that Home Depot has switched to Apple’s iPhone from BlackBerry. The home improvement chain ditched about 10,000 BlackBerry smartphones used by its executives.Lundin Mining Corp. (TSX:LUN). Miner. Up two cents, or 0.40 per cent, at $5 on 6,252,992 shares.Bombardier Inc. (TSX:BBD.B). Transportation equipment. Unchanged at $4.09 on 4,210,415 shares.Cameco Corp. (TSX:CCO). Miner. Down 66 cents, or 3.04 per cent, at $21.05 on 4,054,558 shares. The uranium company posted an 83 per cent drop in fourth-quarter profits, largely due to a $168-million writedown on the carrying value of its Kintyre project in Australia and lower income from its uranium business. Its revenue was down one per cent to $958 million.TSX Venture Exchange (1,196.31 down 9.50 points):Pinecrest Energy Inc. (TSXV:PRY). Oil and gas explorer. Down nine cents, or 7.32 per cent, at $1.14 on 10,857,251 shares.Rock Tech Lithium Inc. (TSX:RCK). Metal explorer. Up 1.5 cents, or 60 per cent, at four cents on 7,175,600 shares. The Vancouver-based company announced the resignation of its director without naming a successor and provided an assay update on its Lochaber graphite project in Quebec.Companies reporting major news:Brookfield Asset Management Inc. (TSX:BAM.A). Asset management. Down eight cents, or 0.21 per cent, at $8.74 on 623,272 shares. The company is buying 19 apartment building in three eastern U.S. states from Babcock and Brown Residential for US$414 million. Most of the 4,892 units included in the deal are concentrated in Charlotte and Raleigh-Durham, N.C., but some are also in the neighbouring states of South Carolina and Virginia.Valener Inc. (TSX:VNR). Utility company investor. Up 13 cents, or 0.80 per cent, at $16.40 on 64,797 shares. First-quarter results improved 75 per cent to $17.5 million, thanks to higher income from its investment in Gaz Metro, Quebec’s largest natural gas distributor. Revenue jumped to $622.8 million from $536.6 million, helped by acquisitions and cooler temperatures compared with last year.WestJet (TSX:WJA). Airline. Down 15 cents, or 0.70 per cent, at $21.24 on 272,508 shares. The company’s new Encore regional service will begin with service between Fort St. John, B.C., and the cities of Calgary and Vancouver. The Calgary-based carrier is facing increased competition from Air Canada (TSX:AC.B) which recently announced increased frequencies in Western Canada with its own fleet of Bombardier Q400s, operated by Jazz. by The Canadian Press Posted Feb 11, 2013 5:59 pm MDT Most actively traded companies on the TSX, TSX Venture Exchange markets
More than 80 people in central Nigeria were killed in land disputes between the two sides this week. However, this has been a long-standing issue with similar incidents occurring in other countries in Africa, causing more than 1,000 deaths over the past year alone, according to media reports.In a statement issued by his spokesperson, UN Secretary-General António Guterres expressed deep concern over the mounting violence, as well as the resulting banditry, extortion and cattle rustling. “He condemns the resulting loss of life, property and livelihoods, as well as population displacement, which undermines peaceful coexistence between communities in many of the affected countries. It is also detrimental to regional stability,” the statement said. The UN chief urged all concerned governments, regional organizations, civil society and other parties to work together to find solutions to the conflicts. He underlined the readiness and commitment of the UN to support national and regional efforts in this regard.
Aaron Rodgers and the Green Bay Packers ended the New York Giants’ season with a 38-13 blowout on Sunday. As long as one looks no deeper than the final score, one might be tempted to consider the Packers the new NFC favorites.But the wiseguys in Las Vegas aren’t fooled: They watched the game more closely, and made the Packers four-point underdogs at Dallas next weekend. What did they see that the box score didn’t?For one, they saw Packers receiver Jordy Nelson carted off the field with a rib injury: “That’d be a huge loss for us,” Rodgers admitted in his postgame press conference, when asked about Nelson’s potential absence at Dallas. Nelson’s ability to get open and draw coverage sparked a midseason explosion in the Packers’ offensive effectiveness. Without a fully healthy Nelson, the Packers’ second game against the Cowboys this season might go the way their first did, in Week 6 — when according to Football Outsiders, the Packers’ offense posted their second-worst single-game offensive DVOA (defense-adjusted value over average) of the season (-25.1 percent).But the concerns run even deeper than the Packers’ receiver depth: For much of the game, Rodgers and company struggled mightily to score. Before a short punt let them start a drive on the Giants’ 38-yard line with less than four minutes left in the first half, the Packers had been shut out entirely.Rodgers registered the fifth-longest average time to throw of any quarterback in the NFL, per NFL.com this season, and while he was also pressured on 29 percent of his dropbacks, according to ESPN Stats & Information, he adapted in the pocket and got his throws off. For the season, he had a QBR of 71.8 when pressured — the league average for such plays is 31.5 — with 10 touchdowns and 1 interception.The hard-to-contain combination of top-notch pass protection and elite pocket movement was on display against the Giants, as Rodgers extended plays as long as he needed to to make offense happen: But the mother of invention is necessity, and it quickly became clear Rodgers would have to wait ages for his receivers to get open against the Giants’ excellent secondary — too long, in fact, as Rodgers was sacked five times and forced into an intentional grounding penalty over the course of the game.But after the field-position gift that turned into the Davante Adams touchdown above, and a Hail Mary pass somehow found its way to Packers wideout Randall Cobb 132 seconds later, putting the Packers up 14-6. Before those two drives, the Giants had outgained the Packers 194-7. After halftime, Eli Manning and the Giants were the first to score. With less than 18 minutes left in the game, the Packers led by only one point.Of course, 20 minutes and nine seconds later, the Packers had outgained the Giants 406-365, and outscored them 38-13. Part of that production came from Cobb, who caught five passes for 116 yards and three touchdowns, including that Hail Mary. It was Cobb’s return from two missed games with an ankle injury, it was Cobb’s best statistical game of 2016, and it couldn’t have come at a better time.But the reality of the Packers’ path to the Super Bowl is inescapable: They have to go from Lambeau Field, where the Cowboys already beat them 30-16, to the toasty indoor track of AT&T Stadium. Should they win there, they’ll either have to win a shootout with the Atlanta Falcons in the Georgia Dome, or a slugfest with the Seattle Seahawks in CenturyLink Field.Without Nelson it’s hard to see how the Packers win one, let alone both, of their subsequent contests. Rodgers will need open options against the Cowboys defense — whose fifth-ranked scoring defense allowed just 1.38 more points per game in 2016 than the Giants’ second-ranked scoring defense.Of course, the Packers won’t roll over and forfeit if Nelson isn’t fit to play. But the impression a casual fan might get from the box score is that the Packers are ready to roll over the rest of the NFL — and unless Nelson is healthy enough for defenses to respect, that’s just not true.
OSU senior forward Sam Thompson rises up for a jump shot during a game against Miami (OH) Dec. 22. OSU won,Credit: Samantha Hollingshead / For The LanternA struggle to win games away from Columbus might have it dropping in the rankings, but the No. 21 Ohio State men’s basketball team continues to enjoy its home cooking.OSU (10-2) improved to 10-0 at home — all by double-digit margins — with a 93-55 victory over Miami (Ohio) (3-8) on Monday night.The win followed an 82-74 defeat to then-No. 24 North Carolina on Saturday in Chicago. Redshirt-freshman guard Kam Williams said a key for the Buckeyes that was lacking at the United Center is staying strong for the entirety of the game.“We didn’t play tough for 40 minutes. That’s been the key for both of our losses,” Williams said. “We’ve just got to stay tough and keep executing the system for 40 straight minutes, because the film shows when we execute our stuff, no one is able to defend us.”Freshman forward Keita Bates-Diop said he believes that games like Monday night’s are important for developing that mindset.“That’s what the non-conference games are for, getting better every game,” Bates-Diop said. “We’re starting to improve on things like executing on offense, getting better at defensive principles, I think that’s going to prepare us for the Big Ten.”Five Buckeyes — Williams, freshman guard D’Angelo Russell, sophomore forward Marc Loving, Bates-Diop and freshman forward Jae’Sean Tate — scored in double figures. Williams led the team with 18 points.“I just kept my head high,” Williams said. “I knew some opportunities were going to open up. The biggest key for us is getting stops, because when we get stops, I think our transition game is top notch.”Russell knocked down a three-pointer from near the corner just 12 seconds in, giving the Buckeyes a lead that would they would never relinquish. The freshman from Louisville, Ky., followed that up with another triple from almost the identical spot on OSU’s next possession.OSU did not lift its foot off the gas pedal for about 10 minutes afterward, erupting out to a lead that stretched as wide as 34-7.“We’ve got some guys on this team shooting a very high percentage,” OSU coach Thad Matta said. “Trying to set them up and get them looks is very important, in terms of the best shooters shooting more shots.”Matta cited Loving, who finished with 16 points on four-of-seven shooting, including two-of-three from deep, as one of those shooters.“He’s taking good (shots),” Matta said. “He could probably take some more. The thing is, Marc is taking good shots, and that’s probably the reason why his percentage is pretty high.”However, the RedHawks showed their own ability to go on a run, outscoring OSU, 15-2, from that point over the next four and a half minutes to cut OSU’s lead to 36-22. The run was opened by a thunderous alley-oop dunk by junior forward-center LJ Livingston Jr. just before the under-eight minute media timeout.Matta said OSU’s intensity after timeouts has been something he has monitored all season long.“What happens out of the timeouts, do we let them go on a run, those are the things that we’re after,” he said.OSU made that run short-lived, though, and recovered following another timeout to re-open a 46-24 lead at the half.Nine of the 10 Buckeyes to play in the first half scored, including eight with four points or more. Russell led the way with 10 points on three-of-five shooting, all from 3-point range, followed by Loving with eight points and seven rebounds.Russell and Loving continued to put on a show to begin the second half. The two exchanged baskets to account for the first 11 points of the half for OSU, as the Buckeyes took a 57-26 lead in the second half’s first few minutes.OSU’s zone defense held the RedHawks to 34.4 percent from the field, as well as forcing 19 turnovers.The Buckeyes shot 54.5 percent overall from the field.“We stayed within the offense in terms of what we were doing,” Matta said. “Those are the things that, as you’re trying to make some adjustments defensively, can they carry that forth? I think, from the standpoint of what we were looking for tonight, we got it.”Despite the efficient offense, the Buckeyes only shot 12-of-22 from the free throw line.Fourteen of Williams’ game-high 18 points came in the second half, including four shots in quick succession midway through the stanza, including a stretch where he hit a shot from outside, stole the inbounds pass and converted a lay-up.Livingston led the way off the bench for the RedHawks, playing in the paint to score a career-high 17 points.With 6:45 remaining in the first half, OSU redshirt-senior forward Anthony Lee went down on the court with what was later announced as a right ankle sprain. The transfer from Temple was able to get to his feet, but needed assistance to walk off the court. He did not return.Matta said after the game that Lee is “fine,” but could miss some games after the holiday break. He said that due to Lee going home for the break, he may not be able to get the treatment he needs, which could cause him to miss some time.The Buckeyes are set for one final non-conference matchup before opening Big Ten play. That next contest is scheduled against Wright State, with tip set for 7 p.m. on Saturday at the Schottenstein Center.
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. Tom Lorains, who farms a 17th Century holding in Newlands Valley, near Keswick, and who helped lobby for Unesco status, said: “We’re in a constant battle with extreme conservationists such as George Monbiot who want to turn the Lake District into a sea of trees and get rid of farming.”Mr Lorains said cutting the number of sheep in the area to allow more trees to grow would instead lead to the rapid spread of damaging bracken and a fall in bio-diversity.He said: “We currently farm with the environment and by preserving hedges and stone walls we protect wildlife and insect habitat. Where sheep numbers on the fells have been reduced over the past 15 years bracken has taken over and nothing can survive beneath it. You can see it choking the tree saplings that have been planted.”Mr Lorains, who took over High Snab Farm after studying agriculture in his native Derbyshire, was part of the Lake District National Park Partnership which applied for World Heritage Status, placing it alongside sites like the Grand Canyon, the Serengeti and the Redwoods National Park.As part of the designation Unesco said it hopes the impact of tourism on the area will be monitored and conservation efforts increased.“We hope that World Heritage Status will protect the Lake District and what is now the traditional hill farming landscape of the fells,” said Mr Lorains. Its dramatic landscape has inspired writers down the ages and drawn thousands of visitors every year hoping to find solace amid the area’s hillsides, crags and verdant valleys.But moves to protect the appearance of the Lake District for future generations have led to a bitter exchange between the area’s farmers and a radical wing of the environmental movement.The arguments intensified after the Lake District was designated a World Heritage Site by Unesco earlier this month, in a bid to protect the centuries old landscape shaped by hill farming.The move was condemned by some environmentalist, such as the writer George Monbiot, who accused Unesco of trying to turn the Lake District into a “a 230,000 hectare Beatrix Potter-themed sheep museum”.Mr Monbiot said World Heritage Status would reinforce the area’s appearance as a “sheep-wrecked wet desert” and make it harder to reintroduce a greater diversity of plant and wildlife.But Lakeland hill farmers have now hit back, claiming the “rewilding” vision of some environmentalists would leave the area covered in bracken, to the exclusion of everything else. Under a Natural England scheme hill farmers have been subsidised to cut their flocks so trees can be reintroduced to the fells.While he backs moves to replant trees in some areas he warns that sheep numbers should not be cut further.“Without farming the area’s economy would suffer terribly. So much local employment depends on it, from casual farm labourers to contractors and feed merchants and all their money is spent locally,” he said.By contrast environmentalists such as Mr Monbiot have argued that current farming practice has damaged the eco-system of the Lake District, with sheep grazing preventing the growth of new trees and streams and rivers dredged for the benefit of farmers.“World Heritage Status would lock the Lake District into its current, shocking state, ensuring that recovery becomes almost impossible,” he has said. Early morning sun falls on Lake Buttermere in the Lake DistrictCredit:Simon Bradfield A view of Lake Windermere from Loughrigg Fell in the Lake District, where a wooden stile allows walkers and hikers to traverse the dry stone wallCredit:James Ennis/Moment RF
AT&T-Mobile? They’ll have plenty of time to figure out what to name the new company as this deal moves through court (though, to be totally honest, I’d imagine the T-Mobile name would really stick around). Odds are that the government will be keeping a pretty tight eye on AT&T’s bid to buy T-Mobile–the combination of two of the big four wireless carriers is the sort of thing that immediate raises antitrust concerns everywhere.Just ahead of CTIA, AT&T unveiled its plans to buy T-Mobile for a combo of stock and cash valued at around $39 billion. Both companies have reportedly green lit the acquisition. AT&T, it seems, is certainly aware of the aforementioned concerns, using the opportunity to let it be known why it thinks the government should be totally psyched about such a merger between two telecom giants. Said AT&T CTO Randall Stephenson, This transaction represents a major commitment to strengthen and expand critical infrastructure for our nation’s future. It will improve network quality, and it will bring advanced LTE capabilities to more than 294 million people. Mobile broadband networks drive economic opportunity everywhere, and they enable the expanding high-tech ecosystem that includes device makers, cloud and content providers, app developers, customers, and more. During the past few years, America’s high-tech industry has delivered innovation at unprecedented speed, and this combination will accelerate its continued growth. For the sake of further preemption, the company added in the press release, “The U.S. wireless industry is one of the most fiercely competitive markets in the world and will remain so after this deal. The U.S. is one of the few countries in the world where a large majority of consumers can choose from five or more wireless providers in their local market.”
Driver Finds Dog With Throat Cut, Mouth Duct-Taped in OhioWatch: Dog Rescued After Collapsing From Heatstroke During Hike Stay on target Within a couple of hours, the dog was reunited with his family, who is now “working hard to find how Max was taken and how he ended up hanging from that box,” the shelter wrote in a Facebook post. “Thanks to the quick actions by David and the power of a microchip, we were able to get Max back home safely to his family.”Dee Vaughn, Max’s owner, invited Fredman to his home on Monday to thank him for helping his dog earlier that day.“Thank you, David, so much,” Vaughn told Fredman. “You stopped what you were doing to turn around and save my dog’s life.”More on Geek.com:Florida Man Pries Alligator’s Jaws Open to Rescue Dog, Gets BittenFirefighters Rescue Pit Bull From House Fire in AlabamaWatch: Cute German Shepherd Sets Off Home Security Camera A Missouri driver rescued a dog tied to an electrical cord on the side of a highway overpass on Monday.David Fredman was commuting to work on Interstate 70 in Independence, Missouri, when he noticed the canine, Fox News reported. The electrical cord looked like it was strangling the dog, so he decided to pull over and help rescue it.“I saw what looked like a dog that was being hung over the side of some sort of power box. The cord was definitely strangling him,” Fredman told Fox 4 KC News. “His feet were touching the ground, but they were barely touching the ground. He was trying to whip his head left and right but could barely move it.”Fredman called 911 and then grabbed his knife to free the dog, who was struggling to breathe with the electrical cord around his neck.“The way I found him, I just couldn’t believe somebody would do that to an animal at all,” he added. “As soon as I cut him down, he couldn’t breathe. He was trying to breathe. I tried get him to walk. He couldn’t walk.”Fredman then brought the canine to KC Pet Project, a Kansas City-based animal shelter. During an examination, KC Pet Project noticed that the dog was microchipped and that his owner was looking for him after he disappeared from his home roughly a mile away from where he was found on Aug. 5.
Galaxy offers first glimpse of new Galaxy Macau convention center ahead of 2021 launch According to the AACM, the extra flights, operated by Air Macau, Juneyao Airlines, China Eastern Airlines and East Asia Airlines, began on 21 January 2019 and will continue until 28 February.The number of additional flights to come and go from Macau for the 2019 Chinese New Year will represent a 150% increase over the number in 2018 when the AACM approved a total of 80 extra commercial and charter flights. Macau GGR tumbles 8.6% in August Load More JW Marriott at Galaxy Macau named venue and Galaxy Entertainment Group named Venue Sponsor for 2019 Asian Gaming Power 50 Black Tie Gala Dinner RelatedPosts Macau’s Civil Aviation Authority (AACM) has approved 198 extra commercial and charter flights to and from Macau Airport for next week’s Chinese New Year.The increased capacity includes 151 flights to and from mainland China – namely Shanghai, Wanzhou, Chengdu, Changzhou, Zhengzhou and Shenzhen – plus 25 extra flights from Taiwan, 10 from Vietnam, eight from Thailand and four from Japan.
Alaska tribes can start asking the federal government to take their lands into trust. Essentially they can ask the federal government to take lands out of state jurisdiction like lower-48 Indian Country. The change comes after a federal appeals court last week dismissed Alaska’s challenge that had stopped land trust applications. Now four Alaska tribes that sued the Interior Department can proceed. That includes Akiachak and Tuluksak.Listen nowAkiachak Screenshot(Image courtesy of Google Maps)
Rajendranagar: PJTSAU Vice-Chancellor Dr V Praveen Rao attended the chief guest the Haritha Haram programme organised by the NSS unit of College of Agriculture in Rajendranagar on Wednesday. Dr Praveen Rao planted a silver oak plant at the university sports complex along with PJTSAU Member of Board of Management Committee Dr Manohar Rao and other university officers. A large number of students participated in this mass plantation programme organised on the campus. All the saplings which were planted were geo-tagged, said the Associate Dean College of Agriculture.
Thane (Maharashtra): Agitated by the Enforcement Directorate (ED) summons to Maharashtra Navnirman Sena (MNS) President Raj Thackeray, a young party activist committed suicide by setting himself afire, here on Wednesday morning, police said. The incident happened a day after Thackeray issued a personal appeal to all his supporters and activists to maintain ‘calm’ at all costs as he was prepared to honour the ED summons on August 22. Also Read – Abrogation Of Article 370 Carried Out In Inhuman Way: Urmila Matondkar Advertise With Us The victim, identified as Pravin Chougule, suffered more than 70 per cent burns and succumbed to his injuries before he was admitted to a hospital in Kalwe town. Considered an active worker, he was always seen at the forefront of any party activities or agitations, and was often seen coming with his body painted in the MNS flag colours. According to a party official, Chougule was in a disturbed state of mind since the past three days after the ED slapped notices summoning Thackeray and his business partners in an IL&FS case. Also Read – BJP launches anti-AAP campaign to save Delhi Advertise With Us “Chougule mentioned to us how he apprehended Thackeray could be jailed in the matter, but we counselled him that the senior leadership would handle the issue. However, early today, he suddenly set himself on fire and was declared dead on admission to the hospital,” his close friend told mediapersons. Besides Thackeray, his partner Unmesh Joshi, the son of senior Shiv Sena leader and ex-Lok Sabha Speaker Manohar Joshi, has also been summoned and grilled for two days continuously on Monday and Tuesday.
The jewellers and traders across India have geared up for the Akshaya Tritiya as the people are expected to throng the gold shops on Tuesday to purchase jewellery on the auspicious day.Akshaya Tritiya is considered as one of the auspicious days to buy gold, silver, ornaments and lands in India. Buying valuable things on this day is touted to bring in never-ending prosperity and good luck to the people.Cashing in on this belief in India, the yellow metal traders have announced various offers and other perks to attract the regular and unique customers to their shops every year. In view of Akshaya Tritiya, the traders have decided to keep their shops shutter open for business for extra hours as the gold sellers want to make the most out of the traditional day on Tuesday, April 24.However, some jewellers projected uncertainty about huge sale this Akshaya Tritiya, while many vouched for a grand sale on Tuesday. Srinivas.V, store in-charge at Bhima Jewellers, Bangalore said that trading of gold on Akshaya Tritiya has come down a bit since last two years owing to the surging prices of gold.When asked about the sales prospect on this year’s traditional gold buying day, Srinivas hinted at uncertainty considering the price factor.”A section of People who believe inAkshaya Tritiya concept, buy the small gold coins and pendants forthe formalities. This is mainly in the case of walk in customers,” Srinivas said. “However, the upcoming marriage seasons will keep our counters engaged as many have already made bookings to buy gold on Akshaya Tritiya in advance for marriage,” he added.Prince Jewellery, Bangalore, Store Manager Vadivelan expressed confidence of having a good sale on Akshaya Tritiya. He said that customers may buy less grams of gold this year compared to last year but added that the difference in purchase in terms of billing is expected to be compensated by the surged in gold price.Vadivelan said that not everyone in India belief in buying jewellery on Akshaya Tritiya. “Direct customers usually opt for small gold coins and other silver items. Meanwhile, we would also see our regular buyers stepping in for a good amount of purchase on this auspicious day.””Meanwhile, the coinciding Indian wedding seasons have already got a slew of bookings reserved for Akshaya Tritiya on Tuesday. Soaring prices may not dampen Indian customers’ interests to buy gold on this traditionally valuable day,” he added.Indian World Gold Council officials refused to comment when asked if high gold rates would affect the business on the day of Akshaya Tritiya.
UPDATED, 4:02 p.m. ET: After Spotify opened with a bang in its stock-market debut Tuesday, the stock drifted down 10% — but still gave the music streamer a higher-than-expected valuation.Spotify opened at $165.90 per share, 25% higher than the top end of private stock sales disclosed by the company, giving the company a market valuation of $29.5 billion. Shares began trading on the New York Stock Exchange on Tuesday at about 12:43 p.m. ET under the ticker symbol “SPOT.”The stock closed at $149.01 per share. That’s still well above what Spotify has disclosed for private stock sales from Jan. 1-March 14, 2018, which had varied widely — ranging between $48.93 and $132.50 per share.Spotify’s current market cap of $26.4 billion makes it more valuable than CBS, Twitter, Snap, Sprint, Dish Network and Viacom. Even after the IPO, Ek and co-founder Martin Lorentzon will very likely maintain majority control of Spotify even if they sell a portion of their holdings. As of March 21, Ek controlled 37.0% of the Spotify’s total voting power and Lorentzon controlled 43.5%. Ek directly owned 15.6 million shares (8.8% of outstanding shares) and Lorentzon held 21.7 million (12.2%).Spotify operates in 65 countries and territories. As of the end of 2017, it tallied 157 million monthly active users and 71 million premium subscribers. It restated user metrics two weeks ago, eliminating 2 million users from its MAU total to account for fraudulent streams from freeloaders using hacked apps.Chinese internet giant Tencent owns 9.1% of Spotify’s outstanding shares, while Spotify holds 9% equity in Tencent Music Entertainment. The parties have agreed to retain their ownership in the shares until at least December 2020. Popular on Variety ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 The music streamer’s unconventional direct-listing IPO — which bypassed Wall Street banking firms as underwriters — is expected to be one of the biggest tech offerings of the year. Spotify isn’t raising any capital with the IPO. Rather, it’s designed to let existing investors cash out their holdings; those include Sony Music Entertainment, which owns 5.7% of outstanding shares, and Universal Music Group and Warner Music Group, which each hold around 4%. With the IPO, Spotify shareholders are eligible to sell up to 55.7 million regular shares, representing 31% of outstanding shares.In less than 15 minutes, more than 10 million Spotify shares had been traded. About 29.8 million shares total were traded in just over three hours on Tuesday. The NYSE had set a “reference price” Monday of $132 per share as a placeholder prior to the initial public offering.Founded in 2006, Spotify has never been profitable and its rivals include Silicon Valley heavyweights Apple, Amazon and Google. But at least out of the gate, investors displayed enthusiasm to own a piece of the Sweden-based firm. Spotify is the No. 1 global music-streaming provider with an estimated 42% worldwide market share in 2016.Spotify CEO Daniel Ek, in a blog post Monday, said he expects the company to experience “ups and downs as we continue to innovate and establish new capabilities.” He tried to convey a business-as-usual air, saying about the IPO that “our focus isn’t on the initial splash” and that he hoped Spotify’s public-market debut does not become the most important day in its history.“Spotify is not raising capital, and our shareholders and employees have been free to buy and sell our stock for years,” Ek wrote. “So while tomorrow puts us on a bigger stage, it doesn’t change who we are, what we are about, or how we operate.”For 2017, the company generated around $5 billion in revenue in 2017 (4.1 billion euros), versus $3.6 billion in 2016. Its net loss for 2017 more than doubled, to $1.5 billion (1.2 billion euros).Spotify has fans on Wall Street based on its potential growth. “Spotify is the global leader and has sustainable advantages,” RBC Capital Markets’ Mark Mahaney wrote in a March 29 note, initiating coverage with an “outperform” rating and a $220-per-share price target. A valuation of nearly $40 billion for Spotify is “highly reasonable,” he added.
Club MedfamilyhotelsresortsSeychelles Club Med will open its first resort in the Seychelles in 2020. Just 30 minutes from Mahé International Airport, the new Trident Exclusive Collection Resort on Sainte-Anne Island will boast 295 rooms – from Club to Suite – and offer family guests the full range of childcare facilities – from Petit Club (2 – 3 years old) to Junior’s Club (11 – 17 years old). “I’m particularly happy to see Club Med secure a base in the Seychelles, one of the three most luxurious destinations, alongside the Maldives and Mauritius,” said Henri Giscard d’Estaing, President of Club Med. “In association with New Mauritius Hotels, our prestigious partner and respected luxury hotel operator, we will be able to offer our guests a new premium destination that fulfils all their expectations from 2020 onwards.”Club Med is working alongside NMH (New Mauritius Hotels), the largest and longest-established hotel group in Mauritius, where it operates all the Beachcomber hotels on the island. Beachcomber Hotels also operates the Beachcomber Seychelles Sainte Anne Resort and Spa hotel, which currently has 87 rooms. Club Med’s proposal to take over the hotel under a new leasing arrangement with NMH will see the capacity of the hotel infrastructure significantly expanded.
Top Stories The Arizona Cardinals and Denver Broncos both have fewer wins than they each hoped for at this point in the season, and both teams feature premier names on defense with the likes of Patrick Peterson, Chandler Jones and Von Miller.Miller, a three-time All-Pro linebacker on a Broncos team that is playing the Cardinals on Thursday night in a short week, expressed confidence Tuesday in his team’s chances at State Farm Stadium. Denver Broncos linebacker Von Miller (58) huddles up his teammates prior to an NFL football game against the Los Angeles Rams, Sunday, Oct. 14, 2018, in Denver. (AP Photo/David Zalubowski) The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo “They’re going to get our whole team’s best, and that starts with me, they’re going to get my best this week,” he said. “We’re going to go out there and we’re going to kick their [expletive]. That’s how I’m feeling.”A reporter followed up to ask if this week’s game for the Broncos, who are 2-4 on the season, is a “must-win” game.“I wouldn’t say it’s a must-win, we’re going to kick their [expletive], though. Make sure you put that up there. We’re going to kick their [expletive].”Related LinksJosh Rosen not in desperation mode despite Cardinals’ strugglesWeek 7 injury report: Denver Broncos vs. Arizona CardinalsCardinals HC Steve Wilks feels ‘ jobs are in jeopardy’ with loss to DenverMiller and the Broncos defense have allowed an NFL-high 968 rushing yards on defense, with the Arizona Cardinals trailing right behind with 907 rushing yards allowed. Denver also ranks first in rushing yards allowed per attempt at 5.6 yards, while Arizona is 13th in that category with 4.4.The Broncos come into their Week 7 matchup in Arizona with a four-game losing streak after opening the season with two wins in a row. The Broncos’ most recent defeat came at home against the LA Rams, falling by a narrow 23-20 margin.Listen to the Cardinals battle the Broncos on Thursday night on 98.7 FM Arizona’s Sports Station, with pre-game coverage beginning at 1:30 p.m. Derrick Hall satisfied with D-backs’ buying and selling 54 Comments Share Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impact
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