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Revolut revenues surge as firm says it’s on the road to profitability

first_img whatsapp Covid-19 pushed payment volumes to slump from March onwards, but a three per cent lift to new customer subscriptions buoyed the fintech firm. Fintech firm Revolut made an adjusted full-year operating loss of £122m last year but a spike in customer numbers, the firm says, means it is on the path to profitability. Show Comments ▼ Tags: FinTech Revolut Business launched across the US at the beginning of this year, as part of the firm’s global expansion plans. Revolut, which now has over 15m customers, aims to launch loans and credit cards in Ireland later this year, its chief executive Nikolay Storonsky told RTE last week. Revolut revenues surge as firm says it’s on the road to profitability “As the extraordinary circumstances of 2020 drove the trend towards digital financial management we continued to innovate for customers to make their financial lives easier and accelerate daily use,” the CEO added. “In 2020 as we broadened our global footprint, strengthened our capital base, enhanced governance and bolstered executive management. These developments continue to provide a strong platform from which to launch new products,” chairman Martin Gilbert said. Also Read: JPMorgan to buy fintech firm Nutmeg for upcoming UK digital bank As its customer base grew alongside daily use, Revolut’s customer balances rose by 96 per cent to £4.6bn by the end of the year – nearly double 2019’s figure of £2.4bn. Expansion Revolut Business launched across the US at the beginning of this year, as part of the firm’s global expansion plans. whatsapp Also Read: Pandemic pushes Brits to spend £33bn on smart tech, but only a third say it has made life easier Millie Turner More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Meanwhile, Revolut is looking to India this year to build a new team based in the country, led by Indian CEO Paroma Chaterjee. Share Customer numbers jumped 45 per cent in the year ending 31 December and the firm’s adjusted revenues surged by 57 per cent to £261m, up from £166m in 2019. Tuesday 22 June 2021 8:00 am The firm is also eyeing Australian and Japanese markets, with the launch of its services there too. Revenue in the first quarter of this year surged more than 130 per cent year on year, according to Revolut today, with gross profit growing over 300 per cent.last_img read more

General Election 2015: What are the parties tweeting about?

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushTotal PastAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongTotal Past Thursday 9 April 2015 10:23 am ashley.kirk Show Comments ▼ Tags: General Election 2015 Voters may complain about a certain homogeneity, but there are clear differences between Westminster’s biggest parties in the first week of campaigning – according to their Twitter accounts, at least. In the week since the leaders’ debate, the Conservatives, Labour and the Liberal Democrats have each tried to steer the General Election conversation in their own direction.  We had a look at their pages to see how they were campaigning on social media.ConservativesIn the last week, the Tories’ Twitter has mentioned Miliband 105 times. The name dominates the account, showing how the party is trying to attack the Labour leader himself.Phrases such as “clear choice” and “chaos” appear, replicating the rhetoric that the party is pushing. “Chaos” links to the Conservatives’ claim to discredit a possible Labour-SNP deal – saying it would be chaotic for the UK. It is a key part of the last week of campaigning, with #ScotDebates featuring highly.Several hashtags have been used by the party, including #Ballsup, trying to rally support across social media platforms. “Economy” and “money” also feature highly, showing how the Conservatives are playing up to their perceived strengths.LabourCameron was mentioned 43 times by the Labour party – less than half the number of times the Tories mentioned Miliband.Compared with the Conservative party’s “economy” fixation, the NHS is much more visible in Labour’s Twitter account. It shows how the party sees this as a strong point for them, with polls suggesting the public trusts Labour more on health. “Non-dom” also features heavily, representing yesterday’s announcement Labour will abolish the tax status. Again, the party’s Twitter account matches its rhetoric, with words such as “unfair” and “better” appearing frequently to try and persuade voters.  Lib DemsThe Liberal Democrats are also spending a lot of time on Twitter attacking other parties. While Miliband and Cameron personally do not feature as much, the two main parties do. The Lib Dems have used #WeHaveNotForgotten to attack Labour’s record in government. “Tax” is mentioned 84 times on the Lib Dems’ Twitter account, with the party keen to push its stance as the fair choice situated in the centre-ground of politics. The account tweeted a lot on the #ScotDebate, perhaps indicating how they are trying to keep seats north of the border – despite polls suggesting they will be wiped away by the SNP. whatsapp whatsapp General Election 2015: What are the parties tweeting about? Sharelast_img read more

Balloons from your outdoor celebration could be dangerous to wildlife

first_imgAdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Advertisement All-electronic tolls to stay on certain Lee County bridges June 15, 2021 Advertisement Lee County Commission could allocate over $3 million to fight homelessness June 16, 2021 LEE COUNTY, Fla.– Balloons from your backyard birthday party or graduation celebration could pose a significant threat to our wildlife.“We’ve always encouraged people to not include balloons in their celebrations because they are bad for the environment & the wildlife,” says Tisha Bayne, Office Coordinator with Keep Lee County Beautiful.Bayne says the animals in our wildlife can become entangled in the balloons, making it difficult for them to move or eat.“We live in such a coastal community that everything ends up in our waterways and the balloons get digested by animals which causes them to slowly starve to death.” AdvertisementShe encourages you to explore other celebrations that are more environmentally friendly.“Butterfly releases have been done vs letting go lanterns or balloons.”If you choose to decorate with balloons, be sure to tie them down and properly dispose of them to avoid any accidents.center_img AdvertisementTags: environmentLee Countywildlife AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Blue-green algae bloom detected in Orange River & two Lee County boat ramps June 9, 2021 RELATEDTOPICS Lee County officials to accept millions for homelessness relief June 13, 2021last_img read more

LIVE BLOG: Follow all the action as Portlaoise take on Moorefield

first_img New Arles road opens but disquiet over who was invited to official opening Home Sport GAA LIVE BLOG: Follow all the action as Portlaoise take on Moorefield SportGAAGaelic Football By Alan Hartnett – 11th November 2018 And the agony was made even worse for Portlaoise as they had to watch Moorefield come back to O’Moore Park a month later and defeat Westmeath champions St Loman’s to claim their second Leinster championship title.Moorefield eventually lost to eventual All-Ireland champions Corofin in the semi final but they have returned in dominant style again this year.However, Portlaoise will be hoping to stop them today and you can follow all of the action as it unfolds below: Twitter Facebook Pinterest LIVE BLOG: Follow all the action as Portlaoise take on Moorefield SEE ALSO – In Pictures: Laois trio rub shoulders with legendary musician WhatsApp TAGSLive BlogMoorefieldPortlaoise We are live from St Conleth’s Park in Newbridge Welcome to St Conleth’s Park in Newbridge for the Leinster senior club football championship quarter final between Portlaoise and Moorefield.Exactly 364 days ago, Portlaoise and Moorefield met at the very same stage of the Leinster championship as they do today – the quarter final.Malachy McNulty’s side were three points up with seven minutes to play but the dismissal of Craig Rogers followed by the concession of a goal ended their dreams for 2017.It was a cruel blow for the Town as it came on the same day that Dublin champions St Vincent’s were knocked out by Wicklow side Rathnew – which blew the whole championship wide open.Kildare champions Moorefield had been second best for 53 minutes of the game last year but on Rogers’ dismissal, they carved Portlaoise open and Eanna O’Connor raced through before beating Graham Brody from a tight angle to rattle the net.This levelled the game and it remained so as four minutes of injury time were signalled. Portlaoise had the chance to go ahead in the first of them but the usually reliable Brian McCormack missed after a good run from Conor Boyle.And with 30 seconds to go, Niall Holmes Lynch kicked the winner.Portlaoise had the chance to equalise with the last kick by Paul Cahillane’s free from in front of the stand just went wide and the Kildare side progressed. Twitter Previous articleLIVE BLOG: Follow all the action as O’Moore’s bid to make Leinster club camogie finalNext articlePortlaoise dethrone Leinster champions Moorefield to march into Leinster semi final Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. WhatsApp Pinterest Community Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Community RELATED ARTICLESMORE FROM AUTHOR Facebook Council Laois secondary school announces scholarship winners for new academic yearlast_img read more

Previewing all of Monday night’s Laois GAA action as championship season gets underway again

first_img WhatsApp Twitter WhatsApp By Steven Miller – 24th August 2020 TAGSLaois IFCLaois JFC ‘A’Laois SFC The Laois GAA club scene returns tonight with six adult championship football games across the county – all of them to be played behind close doors and without supporters for the first time ever.It will certainly lead to an unusual atmosphere but having had no games for most of the year, the resumption of GAA activity will still be warmly welcomed by the players in the thick of it.All the games in the senior and intermediate grade must be played out to a conclusion tonight – so penalties will be needed in the event of the teams still being level after extra time.Here we look ahead to all six games.Laois Shopping Centre SFC – Courtwood v O’Dempsey’sIn MW Hire O’Moore Park at 7pm – Live streamed on LaoisTVIn ordinary circumstances, this game would have attracted a huge attendance as the neighbours from either side of the old Dublin Road in Ballybrittas meet in the championship for the first time since 1993. Home Sport GAA Previewing all of Monday night’s Laois GAA action as championship season gets… SportGAAGaelic Football Pinterest RELATED ARTICLESMORE FROM AUTHOR Previewing all of Monday night’s Laois GAA action as championship season gets underway again Facebook Pinterestcenter_img Facebook Twitter Previous articlePortlaoise ladies seeking to kick on after historic win over SarsfieldsNext articleActivity begins to return to Laois property scene with 60 homes recorded as sold in July Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. Courtwood are in only their second year back at the senior grade but held their own last year and were somewhat unfortunate not to reach a quarter-final.They have a had a change of manager with Eddie Kinsella stepping aside to take charge of the Laois U-20s and former Stradbally and Laois player Gary Kavanagh coming in.Niall Dunne has been on the long-term injured list while Rory and Luke Doyle have been out injured too.Yet Paul O’Flynn, a Laois minor last year, is a great addition while they’ve plenty of quality dotted around the field.The O’Dempsey’s team named for the opening round showed some changes from the last couple of years with the experienced Peter O’Leary and top-scoring forward Matthew Finlay on the bench and midfielder Rory Bracken not named at all.But they still have a very dangerous looking forward line, all built around big full-forward Dan McCormack.The bookies have O’Dempsey’s as hot favourites. It may be tighter than the odds are suggesting but the Killenard men should have enough.Prediction: O’Dempsey’sLaois Shopping Centre SFC – Ballyfin v RosenallisIn McCann Park, Portarlington at 7pmA novel senior football encounter in so many ways. Having won the intermediate grade last year, Rosenallis make the step up to senior and this will be their first game at this grade since the mid 1990s.It will also be the first championship meeting between these neighbours since they met in the junior grade in 2007. The fact that it will be in a deserted McCann Park in Portarlington – its first time to host a senior championship game (and not relegation) in 14 years – adds to it even more.These are two sides on an upward curve, with Ballyfin almost reaching a first ever senior final last year after an incredible run to the last four.Rosenallis have won junior and intermediate titles in four years and manager Paddy Dunne has a good bunch of players at his disposal – and has been boosted by the arrival of John O’Loughlin, who transferred back to his native club at the start of the year.On the team named for the original fixture, O’Loughlin forms a powerful midfield partnership with former Laois U-20 player Eoin Dunne. Indeed it should make for an interesting battle against Ballyfin’s James Finn and Ricky Quillinan.Ballyfin, too, have been boosted by a transfer with former Offaly player and championship winner with Ferbane Aidan Keenaghan coming in – he was listed to start at wing-back.Ballyfin are the 4/7 favourites but we’ve seen so many times in the past how a team that has a great season one year can struggle badly the next.Rosenallis might just sneak it.Prediction: RosenallisLaois Shopping Centre SFC – Portlaoise v BallylinanIn Stradbally at 7.30pmChampions Portlaoise get their bid for a fourth title in a row underway with a trip out to Stradbally to face a Ballylinan side under the management of former Portlaoise player and manager Mick Lillis.Lillis, a father of Portlaoise midfielder Kieran, has enjoyed breakthrough club successes with Palatine in Carlow and St Laurence’s in Kildare though this is first time with a team in Laois.Ballylinan have a poor record against Portlaoise over the years, losing heavily in the opening round last year and in the 2017 final.With the exception of their clashes with Portlaoise, they have been consistently competitive but this is a big ask.Portlaoise have a number of changes and the retirement of Brian McCormack, Michael Nolan and Brian Mulligan robs them of an amount of experience while Cahir Healy – who was home from the UK – is recovering from a knee injury and neither he nor Craig Rogers were listed on the programme the first day. Conor Boyle is also suspended for the opening round.Cathail Dunne and Gary Walsh will be dangerous in attack for Ballylinan but Portlaoise almost look strongest in defence where David Seale, Frank Flanagan and Gary Saunders make up a very impressive-looking full-back line.Lillis’s knowledge of Portlaoise will be a help to Ballylinan in targeting some weak spots but Portlaoise, under new manager Kevin Fitzptarick, should have enough to get over this hurdle.Prediction: PortlaoiseLaois Shopping Centre IFC – Clonaslee v MountmellickIn Annanough at 7.30pmClonaslee and Mountmellick players were in Portarlington the last day when news broke of the localised lockdown in Laois and their game was duly postponed.They go again this evening in Annanough, where the last two beaten finalists in the intermediate grade will be seeking to go the direct route back to this year’s final.Neither have set the world alight since being relegated in 2017 and 2018 respectively, though Mountmellick seemed to be going in the right direction last year with hard-earned wins over Timahoe and Portlaoise in their opening two games until Clonaslee turned them over in the semi-final.Clonaslee had a disastrous final against Rosenallis, but still could have snuck it in the end despite having three players sent off.Clonaslee are notoriously slow starters in the championship but their record against Mountmellick can’t be discounted with 2017 senior relegation game and 2019 intermediate semi-final both going in their favour.Prediction: ClonasleeLaois Shopping Centre JFC ‘A’ – Park-Ratheniska v CastletownIn Ratheniska at 6.45pmThis is a repeat of last year’s semi-final which Castletown won and that defeat will still be a sore point for Park-Ratheniska who are now under the management of former Laois player and selector Kieran Kelly.They have been among the favourites every year since being relegated from intermediate in 2015 but have lost four semi-finals and a final. With the exception of Castletown last year – who were later beaten by O’Dempsey’s in the final – the team that has beaten Park-Ratheniska has won it out.They’re obviously very close but they are finding it hard to make that step up.They won’t have Cathal Og Greene this year as he is based in London but do welcome in a handful of promising young players and might have enough to win this one.Prediction: Park-RatheniskaLaois Shopping Centre JFC ‘A’ – Camross v St Joseph’sIn Camross at 6.45pmSt Joseph’s and Camross haven’t met too often over the years but they do battle this evening with Joseph’s making the long trip across the county.St Joseph’s played in the intermediate grade for the past two seasons with their second team and prior to that have consistently been one of the top teams in the junior grade.With Camross playing a must-win senior hurling championship game next weekend, their priorities lie elsewhere and Joseph’s should benefit.Prediction: St Joseph’sLaois Camogie ChampionshipThe Laois camogie championship is down to the final round of group games with the remaining round robin fixtures to be held this evening.Champions Camross make the trip to Errill to take on St Brigid’s in what is a repeat of last year’s final while in Durrow The Harps host 2018 champions O’Moore’s.Camross and St Brigid’s have both won their two games to date with The Harps and O’Moore’s still without a win.The winners of Camross and St Brigid’s will top the group and face the bottom side – the losers of The Harps-O’Moore’s – in one semi-final while the losers of Camross-St Brigid’s will play the winners of The Harps-O’Moore’s in the other semi-final.Both semi-finals are scheduled for this weekend.SEE ALSO – Portlaoise ladies seeking to kick on after historic win over the mighty Sarsfields News Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Electric Picnic Electric Picnic organisers release statement following confirmation of new festival date Electric Picnic Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival last_img read more

Budget officer says economy to slow next year

Craig Wong Facebook LinkedIn Twitter OECD raises outlook for Canadian economic growth this year Stagflation is U.S. economists’ biggest fear, SIFMA says Share this article and your comments with peers on social media Keywords Budgets,  Economic forecasts The parliamentary budget officer has joined the growing chorus predicting slower growth for Canada next year with one of the more pessimistic outlooks for the economy, due to the turmoil over European government debt. The report by Kevin Page’s office said growth this year should hit 2.2%, which jibes with Finance Minister Jim Flaherty’s last forecast, however Page’s estimate was well below the minister’s forecast of 2.1% for 2012. In the economic outlook released Tuesday, the PBO report predicted that real GDP will expand by only 1.5% next year and 2.1% in 2013. “The weaker outlook for global growth is primarily the result of growing concerns related to sovereign debt in the euro zone and has led to a significant reduction in commodity prices,” the report said. “At the same time, a number of economic indicators released since May have been weaker than expected including U.S. real GDP growth in the first and second quarters of the year, as well as downward revisions to previous quarters.” The PBO forecast follows one by the Bank of Canada last week that predicted the economy will advance 2.1% this year, soften to 1.9% in 2012 and pick up speed to 2.9% in 2013. The forecast also suggested, as Page has done before, that it’s unlikely Flaherty can hit his target of a balanced federal budget by 2014-15 and predicts a shortfall of $18.7 billion in that year. The PBO report put the odds of a balanced budget at 10% for 2014-15, 25% in 2015-16 and 40% at 2016-17. Flaherty has hinted in recent days that the government might miss the target. Last week, he did not commit to the four-year target when asked, but insisted Ottawa remained on track to eliminate the deficit “in the medium term.” Flaherty is expected to issue a fall fiscal update later this month that incorporates a new consensus among economists that shaved seven-tenths of a point off the previous assumptions for gross domestic product growth. Finance spokesman Chisholm Pothier noted Tuesday that Page’s estimates have been less accurate than the government’s numbers in the past. “The Bank of Canada, IMF, and other organizations have also made revisions in their projections lately as well. This reflects weakening outside of Canada — especially in Europe and the United States,” Pothier said. “The minister met with private-sector economists to determine a reasonable forecast in advance of the upcoming fall economic statement. If anyone has any problems with those projections — they should discuss that with the private-sector economists.” The PBO report also projects the unemployment rate will hit eight per cent next year and in 2013, up from the 7.1% recorded in September, and predicted that the Bank of Canada will hold its key interest rate at one per cent until the third quarter of 2013. Statistics Canada reported last month that the number of jobs in Canada rose by 61,000 in September, a move that pushed the unemployment down by 0.2 percentage points to its lowest level since December 2008. However, even with the drop, there were still over 1.3 million people on the unemployment rolls. By comparison, there were 1.5 million out of work when the unemployment rate was last at eight per cent in September 2010. The unemployment rate hit 8.7% in August 2009 with 1.6 million people looking for work just as the economy was just emerging from the recession. Statistics Canada is expected to release job numbers for October on Friday. The consensus expectation by economists is for the unemployment rate to increase to 7.2% and the economy to have created 20,000 jobs last month. Related news Economy lost 68,000 jobs in May read more

Expert Calls for Convergence in Jamaica’s Merger Review Laws

first_imgRelatedExpert Calls for Convergence in Jamaica’s Merger Review Laws RelatedExpert Calls for Convergence in Jamaica’s Merger Review Laws Expert Calls for Convergence in Jamaica’s Merger Review Laws UncategorizedSeptember 18, 2008 RelatedExpert Calls for Convergence in Jamaica’s Merger Review Lawscenter_img FacebookTwitterWhatsAppEmail United States Anti-Trust expert and Corporate Attorney, Joseph Krauss, has called on Jamaica to be a leader in working towards regional and global convergence, as the country considers adopting merger review laws.The call came as he delivered the 9th Annual Shirley Playfair Lecture on Wednesday (September 10), at the Knutsford Court Hotel in Kingston.“Countries standing on the cusp of adopting regulatory schemes can be leaders in this convergence effort [and] would benefit from giving serious consideration to adopting any or all of the recommended best practices,” said Mr. Krauss. This he said, includes coordination and information-sharing among various jurisdictions, respect for national sovereignty, transparency, fairness, and an efficient and timely review process.Convergence is defined by the International Competition Network (ICN), a membership body devoted to enforcing competition laws, as “achieving consistency in antitrust law, policy, processes, and economic theory across jurisdictional lines.” It reduces the burden of merger review laws on the business community, as well as limits costs to regulators.According to Mr. Krauss, the best way to do so is to “model notification requirements, review procedures and substantive law after more established merger review regimes,” pointing out that “even the United States, the European Union, and other countries with mature anti-trust regimes have committed to the convergence of global competition policies and laws, working through the forum of the ICN.Turning to the benefits of convergence, Mr. Krauss cited the ICN’s view that “global firms spend less time and money on compliance and can devote more of those resources to the business of competition and innovation.”“Conforming to merger reporting procedures”, he added, “we’ll give the business community confidence that the proposed procedures will operate efficiently to internationally recognised standards,” and that it will “avoid the political conflict that can occur between countries, when their merger regulators reach conflicting decisions on the same merger.”There are many possible areas of convergence he stated, including notification thresholds, pre-merger notification forms, initial information requirements, review periods, remedies, transparency, confidentiality, and substantive law, which may include the use of market shares, thresholds, presumptions, safe harbours, entry and expansion.“While convergence makes it easier for companies to assess the regulatory hurdles and costs of a merger, it is not a guarantee that every national regulatory authority will act as expected,” Mr. Krauss noted, adding that “even mature anti-trust regimes with well-established guidelines to govern their merger review process, sometimes engage in analyses and reach decisions that confound observers.”Mr. Krauss pointed out that companies will always face the risk that any jurisdiction could thwart their proposed transaction and inhibit their merger plans, and that this risk increases, as companies are required to engage in multiple filings for global mergers.However, he said that this should not stop the move towards regional and global convergence, as this in itself would deter countries from undertaking anti-competition activities. Advertisementslast_img read more

On the Road: 1950 Nash Airflyte

first_img Jan. 25 – 28: Calgary’s annual RV Expo & Sale at the BMO Centre at Stampede Park. Expect to see more than 400 RVs, from the smallest tent trailers to the largest diesel-powered motor homes, plus accessory and destination displays. Show runs Thurs. Jan. 25 from 1 p.m. to 10 p.m., Fri. 10 a.m. to 9 p.m., Sat. 10 a.m. to 9 p.m. and Sun. 10 a.m. to 5 p.m. Admission is $15 for adults, $11 seniors, $7 youth (13 to 17), free for children under 12. A family of-four-pass (two adult and two youth) is $37. Visit rvda-alberta.org for more info. One evening Gord Leeson was watching an episode of Jay Leno’s Garage. Leno, the comedian famous for his love of old vehicles, was talking about his 1950 Nash Airflyte.“I’m missing a horn ring, I have to get this,” Leno says in the video, and adds, “If anybody has one let me know, I’ll give you a call.”Since Leeson had recently finished customizing his own 1950 Nash Airflyte, he had the parts Leno was after. “I got in touch with his agent,” says Leeson. “And Leno called me up while I was out in my shop. He talked to me for about 20 minutes, and he wanted to know all about my Nash and what I’d done to it.” Created with Raphaël 2.1.2Created with Raphaël 2.1.2Jay Leno and Gord Leeson during the Albertan’s visit to L.A. Leeson had the steering wheel and horn ring from a 1950 Nash Airflyte that Leno required to make his car correct.Donna Leeson, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Leeson’s steering wheel like the one he gave to Leno, at no charge.Gord Leeson, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Power comes from a Chevrolet 350 engine paired with a 200-4R transmission.Gord Leeson, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Leeson utilized front buckets from a GMC Yukon because the shoulder belts are in the seats themselves, thereby making it easier for a rear seat passenger to get in and out of the two-door car.Gord Leeson, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2The distinctive silhouette of the classic Nash.Gord Leeson, Driving Created with Raphaël 2.1.2Created with Raphaël 2.1.2Little wonder the Airflytes are referred to as ‘bathtubs.’Gord Leeson, Driving Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” COMMENTSSHARE YOUR THOUGHTS RELATED TAGSCoupeVintage / ClassicCalgaryNew VehiclesVintage & Collectible We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. ‹ Previous Next › Trending in Canada The Rolls-Royce Boat Tail may be the most expensive new car ever Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Gord Leeson’s 1950 Nash Airflyte has been customized to be a smooth highway cruiser. In 2016 the car won Builders Choice at the Goodguys Car Show in Spokane, Wash. advertisement Trending Videos If this 1930 Nash 450 sedan could talk, oh what tales it would tell Inside, Leeson utilized front buckets from a GMC Yukon because the shoulder belts are in the seats themselves, thereby making it easier for a rear seat passenger to get in and out of the two-door car. Seats, headliner and door panels were all covered in pleather.And, because Leeson opted to install a new steering column with a banjo-spoke style steering wheel the original wheel with its horn ring were extra parts to him. That’s why he contacted Leno.The Leesons flew to Los Angeles, toting the bubble-wrapped steering wheel on the plane as carry-on luggage. They stayed in Brentwood, met with Leno, and Leeson handed over the wheel.“People ask why I didn’t have him pay for it,” Leeson says, and adds, “But it’s a car guy thing, that’s a chapter in my life and his. He just appreciated the parts and I didn’t want anything from him, I was glad to help him out.”Greg Williams is a member of the Automobile Journalists Association of Canada (AJAC). Have a column tip? Contact him at 403-287-1067 or [email protected]’s next There’s a story about Leeson’s Nash, but first a little bit more about the man and his cars. Born and raised in Didsbury, a town about 100 kilometres north of Calgary, Leeson is something of a Renaissance man of the West – he’s not only a hot rod builder, but also a past champion on the cutting horse circuit, a rancher and a realtor. When he was a teenager in Grade 11, Leeson built his first hot rod, a 1932 Ford pickup.“I had good marks in Grade 10, and then I spent Grade 11 building the car – my grades weren’t the best that year,” he chuckles.Regardless of what he’s been doing in life, Lesson has enjoyed tinkering with and building cars. When he was 26, Leeson had the opportunity to buy some land and to fund the purchase had to sell the 1937 Chevrolet he was building. He always wanted another, and managed to find a replacement and built that project many years later when he finally had the ranch paid off.When his wife, Donna, wanted a turquoise and white Nash Metropolitan convertible he built one – starting with a hardtop that he cut off and turned into a soft top version. But that little Nash wasn’t practical on the highway so the car was sold. Leeson knew what he wanted to build next after seeing a Nash Airflyte on a piece of property his brother-in-law bought.“There was a big old Nash in the shed,” Leeson recalls. “I inquired but the car wasn’t available. Those Nashes are uniquely different, and that car planted a seed. I had to find another one, and got on the Internet.”A Nash Airflyte in relatively good condition turned up for sale at Frankman Motors in Sioux Falls, South Dakota. Leeson bought the car and began his hot rod transformation. What he told Leno about the Nash is this; the body wasn’t rusted, but the unibody chassis had a bit of corrosion in it.Leeson also explained to Leno his desire to ensure the Nash would be a good cruising vehicle. For that, Leeson stripped the car down in his own workshop, and then shipped it to Watson’s Hot Rods in Edmonton. There, a new box-tube chassis was fabricated and bolted under the car, tied into the original unibody structure. Suspension was replaced up front with Heidt’s Mustang II components while a four-link rear with coil-over springs attached to a Ford Explorer differential.After that, the Nash came back to Leeson’s shop where the build progressed. He told Leno that power comes from a tried-and-true Chevrolet 350 engine paired with a 200-4R transmission. Instead of running a modern fuel injection system, Leeson chose to run a retro set of three two-barrel Speedway Motors carburetors to effectively provide a tri-power set up. Leno approved.“I didn’t modify the body at all,” Leeson explains to me. “You can customize stuff, but they’re already so unique looking with all of the body lines and low fender openings. That’s why people referred to them as ‘bathtubs’; because they look like an old iron tub flipped over with wheels under them.”Leeson had a friend do the bodywork and knew he wanted the Nash painted two-tone green, a dark shade on the bottom and a light shade on top. He was having trouble locating a darker green that he liked until he saw a modern Fiat 500 drive past him. It was the green he was after and from there it was easy to backtrack to get the correct paint code.RELATED PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca See More Videoslast_img read more

Korbel California Champagne Toasts American Century Celebrity Golf Tournament for a…

first_imgShare AdvertisementKorbel hosts highly-anticipated signature events with sports and entertainment icons to raise funds for charityJuly 2, 2018 – Korbel California Champagne® will once again sponsor and hold signature events at this year’s American Century Celebrity Golf Championship, July 10-15 in Lake Tahoe. Thousands of fans will join together with sports and entertainment stars to raise a glass – and funds for charity – both on and off the course with Korbel’s highly-anticipated, signature events. Activities include the fan-favorite Celebrity Spray-Off and the annual Closest-to-the-Pin contest, with $250,000 riding on the winning title. Players and spectators will toast festivities with the tournament’s signature “Korbel Sparkling Eagle” cocktail, while soaking in the backdrop of picturesque Lake Tahoe.“At Korbel, we always look forward to the celebratory traditions we’ve established in partnership with the American Century Celebrity Golf Championship,” said Gary Heck, Korbel owner and president. “The reason for these events remains the same – bringing people together to raise money for a good cause. Through the Korbel Toast Life® Foundation, we’ve touched dozens of organizations over the course of our sponsorship, and look forward to supporting causes that mean so much to us at Korbel, as well as the celebrities who take part in our events.”Tournament-goers and celebrities will have various opportunities to participate in the excitement, including:Celebrity Spray-Off: As sports and entertainment superstars make their way to the 18th tee, Korbel will challenge players to demonstrate their best champagne-popping skills as part of the annual Celebrity Spray-Off, taking place on Thursday, July 12. Participants will have an opportunity to win $5,000 for a charity of their choice, courtesy of the Korbel Toast Life®Foundation. Korbel will judge participants on champagne spray creativity as well as cork distance. Last year, the Celebrity Spray-Off attracted more than 40 contestants all vying for the winning title, including two-time champion, Rascal Flatts’ Jay DeMarcus and runner up, MLB All-Star Pitcher Derek Lowe.Celebrity Closest-to-the-Pin Challenge: $250,000 is on the line during this seventh-annual contest that brings together 15 of the tournament’s most popular personalities to compete in the Korbel Closest-to-the-Pin Challenge. If a contestant makes a hole-in-one, the $250,000 grand prize will be split with $125,000 going home with the celebrity and $125,000 donated to this year’s Tahoe-based charity – SOS Outreach. If a player gets within two-feet of the hole, a $25,000 prize will be split between the winning celebrity and the charity. If no player makes a hole-in-one, contestants will be ranked based on distance to the pin, with the shortest distance earning $5,000 for charity. The contest takes place Friday, July 13 on hole 17 after the first round of play.Celebratory Signature Cocktail: Korbel pays tribute to the Celebrity Closest-to-the-Pin contest with an official drink, the “Korbel Sparkling Eagle.” Reflecting the spirit of Lake Tahoe, the “Korbel Sparkling Eagle” features Korbel California Champagne, lemonade, and melon liqueur and is served in a lowball glass with a large maraschino cherry garnish at the bottom, representing the hole-in-one.Celebrating Responsibly:  In partnership with TEAM Coalition, Korbel is once again challenging tournament fans to sign a responsibility pledge that outlines ways in which to celebrate responsibly.  Everyone who attends the event plays an important role by drinking responsibly, behaving respectfully, and always having a designated driver.  On Thursday and Friday of tournament play, fans can sign a large oversized golf ball near the 18th tee to show their support.About the American Century Golf ChampionshipThe 29th annual American Century Championship, a made-for-TV event owned and broadcast by NBC Sports, NBCSN and Golf Channel, is the premier celebrity golf tournament, which also raises funds for local and national charities. The competition features a purse of $600,000. The tournament is a 54-hole modified Stableford format that features some of sports’ and entertainment’s greatest celebrities.This tournament is often referred to as the Super Bowl of celebrity golf with more than 90 sports and entertainment luminaires. Celebrities scheduled to appear are Charles Barkley, Stephen Curry, Tony Romo, Aaron Rodgers, Alfonso Ribeiro, Jerry Rice, Rob Riggle and Larry the Cable Guy among many others.About KorbelEstablished in 1882 in Sonoma County’s Russian River Valley, Korbel Champagne Cellars produces the United States’ most popular méthode champenoise champagne. But, the true measure of Korbel’s success during its 136 years can be seen in the impact it’s had on American consumers and its presence at various celebrations throughout the years. Owned and managed by the Heck family since 1954, Korbel currently makes eleven California champagnes and a limited amount of still wine. In a separate facility, Korbel also produces one of the country’s most respected brandies. Korbel Sparkling Eagle4 oz. Korbel Brut California Champagne1 oz. Lemonade1 oz. Melon LiqueurIn rocks glass add 4 ounces chilled Korbel Brut California Champagne, 1 ounce chilled lemonade and 1 ounce Melon Liqueur and garnish with a maraschino cherry. Email Home Industry News Releases Korbel California Champagne Toasts American Century Celebrity Golf Tournament for a Good…Industry News ReleasesWine BusinessKorbel California Champagne Toasts American Century Celebrity Golf Tournament for a Good CauseBy Press Release – July 2, 2018 94 0 Advertisement Previous articleForceBrands Hires Recruiting Industry Veteran Derek StefanNext articleJohn Legend’s “Summer of LVE” Kicks Off with New LVE Rosé and Beverly Hills Salon Press Release Twittercenter_img ReddIt Facebook Linkedin TAGSAmerican Century Golf ChampionshipConsumerKorbel Pinterestlast_img read more

3M India showcases patented solutions for Indian healthcare

first_img Menopause to become the next game-changer in global femtech solutions industry by 2025 Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app The missing informal workers in India’s vaccine story Related Posts Share News 3M India MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals By EH News Bureau on August 4, 2017 Read Article Phoenix Business Consulting invests in telehealth platform Healpha The products were launched to address the issue of hospital acquired infection3M India’s R&D centre recently showcased its portfolio of healthcare products at ‘Tech Connect’. The following products were showcased: 3M Tegaderm, 3M ultra rapid multi-enzyme cleaner formulation, 3M Ioban antimicrobial incise drapes, 3M compression tape.3M Tegaderm is a transparent, waterproof, surgical dressing film that offers patient care by providing protection from external agents such as bacteria and viruses. 3M’s Tegaderm can be used to protect IV catheter sites and pre and post-operative wounds, to maintain an appropriate environment for wound healing while keeping the dressing intact. They are breathable, waterproof and act as a barrier to protect against external contaminants including bacteria, viruses, blood and bodily fluids. With an adhesive that is gentle on skin, this dressing flexes with skin for greater patient comfort, and ensures minimum HIA incident possibility.3M’s Ultra Rapid Multi-Enzyme Cleaning solution’s low foaming properties makes it ideal for use in automated cleaning systems and its multi-enzyme approach is an absolute assurance that all instruments are optimally cleaned. It cleans all biological debris and can be used in manual, semi-automatic and fully automated systems that are used to clean surgical instruments. Additionally, the formulation is made to retain shine on the surgical instruments which is an important requirement for hospitals.3M Ioban incise drapes provide continuous antimicrobial activity as well as a sterile barrier. Ioban drapes are the only incise drapes with clinical documentation showing reduction of bacterial regrowth. Ioban drapes are effective against a broad spectrum of microorganisms, including gram-positive and gram-negative bacteria, yeast and molds.3M compression tape utilises 3M’s adhesive platform to give high adhesion but at the same time minimises residue on removal. The pain on removal of these tapes is much lower in comparison with the conventional elastic adhesive bandages (EAB) which use latex based adhesives. Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” 3M India showcases patented solutions for Indian healthcare last_img read more