BEST OF THE BROKERS

first_img KCS-content Show Comments ▼ ALTERIANPanmure Gordon’s latest “buy” rating for the marketing campaign management firm could stick, given the pace of the sector. The broker notes several “nifty’” new products launched by the company as well as operational momentum, at a time when mergers and acquisitions in the marketing software segment “continues apace”.MELROSE RESOURCESCollins Stewart rates the oil and gas exploration company a “buy” despite adverse share reaction after it failed to secure a venture in Romania which saw its shares dive. Collins Stewart viewed the reaction as “overdone” and valued the firm highly due to its “solid base of producing assets and strong operating cash flow”.MICRO FOCUS INTERNATIONALPanmure Gordon rated the firm a “buy” ahead of the Christmas break. The company’s shares had been oversold after the market was spooked by chairman Kevin Loosemore selling down a third of his holding. The broker believes fears to be unfounded, as Loosemore had recently purchased property. Monday 3 January 2011 10:35 pm BEST OF THE BROKERS whatsapp Share whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Tags: NULLlast_img read more

BK Group Plc (BKG.ke) Q12020 Interim Report

first_imgBK Group Plc (BKG.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2020 interim results for the first quarter.For more information about BK Group Plc (BKG.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the BK Group Plc (BKG.ke) company page on AfricanFinancials.Document: BK Group Plc (BKG.ke)  2020 interim results for the first quarter.Company ProfileBK Group Plc formerly (Bank of Kigali Limited) is Rwanda’s largest commercial bank by assets and licensed by the country’s banking regulator, National Bank of Rwanda. It offers a full spectrum of products and services for retail banking, corporate banking and central treasury. Bank of Kigali SA commenced operations in 1967; initially as a joint venture between the government of Rwanda and Belgolaise, with each owning 50% of the ordinary share capital. In 2007, the government of Rwanda acquired the Belgolaise shareholding which increased its direct and indirect shareholding in the Bank of Kigali to 100% of the entire Issued Shares. The Bank changed its name to Bank of Kigali Limited in 2011 under a new law relating to companies. Bank of Kigali Limited now has 79 branches located in the main towns and cities of Rwanda with its head office in the capital city, Kigali. BK Group Plc has a primary listing on the Rwanda Stock Exchange and a secondary listing on the Nairobi Securities Exchangelast_img read more

For the 2020s, could Lloyds Bank be the investment of the decade?

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Kevin Godbold | Monday, 17th February, 2020 | More on: LLOY For the 2020s, could Lloyds Bank be the investment of the decade? Enter Your Email Address The FTSE 100’s Lloyds Banking Group (LSE: LLOY) sports many enticing indicators right now. For example, with the share price at 57p, the forward-looking earnings multiple for 2020 is just below 8, the anticipated dividend yield is around 6.2%, and the price-to-book value is about 0.8.By those measures, Lloyds looks quite cheap. And City analysts seem to have settled into a routine of pencilling in double-digit percentage increases for the dividend, which could continue for years.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…There could be prosperity aheadIndeed, many believe we are on the threshold of a new era of economic prosperity in the UK. And when the macroeconomy does well, banks tend to do well too. That’s because a traditional banking business relies on its customers’ healthy enterprises and personal finances to thrive.But the Lloyds share price has been flat-lining for many years. The wiggles up and down have been quite dramatic at times, but there hasn’t been any overall progress upwards. The share-price action has been sideways for around seven years. And all through that time, the finances and trading record have looked like they’ve been recovering after the great financial crisis we saw around 2007–08.My guess is that many now-frustrated investors bought shares in Lloyds for the firm’s potential to recover. But instead of the nice recovery in the shares many expected, I reckon we’ve been seeing the valuation contract as the firm’s earnings rise.The market is being rationalI think the stock market is being rational. Because just as Lloyds relies on vibrant customer finances to thrive itself, the reverse is also true – when the bank’s business customers and individuals run into financial difficulties, Lloyds’s business shrivels too. And that’s why some investors say that bank stocks are often the first into and the first out of recessions.It’s true. Bank shares are some of the most cyclical shares you’ll come across. The merest hint of a recession around the corner will send the share price plunging. So, they will likely shoot up when the news is good, right? Well, yes, but only, I suspect, if they are in a depressed condition in the first place, such as at the bottom of a cyclical downturn after the price has plunged.One day, the market will likely be correctThe trouble right now, as I see it, is that earnings have been robust for several years. I reckon the stock market is patiently waiting for the next downturn in the economy, which it “knows” will arrive. It just doesn’t know when! So, in the meantime, the market will likely keep nibbling away at the valuation it has assigned to Lloyds, to discount higher earnings.One day, the stock market will probably be correct and all the dividends and earnings we’re seeing now will go out the window. If that happens, the shares will likely move lower. So I wouldn’t bother owning the shares today to collect that rising dividend. I could collect it for years only to see all those income gains wiped out by capital losses in the end if the price tanks later. I don’t believe Lloyds Banking Group will be the investment of the decade, that’s for sure. See all posts by Kevin Godboldlast_img read more

Beginning, Small and Urban Producers Gain Access to Credit

first_imgHome Indiana Agriculture News Beginning, Small and Urban Producers Gain Access to Credit Facebook Twitter SHARE The U.S. Department of Agriculture (USDA) today announced the availability of a streamlined version of USDA guaranteed loans, which are tailored for smaller scale farms and urban producers. The program, called EZ Guarantee Loans, uses a simplified application process to help beginning, small, underserved and family farmers and ranchers apply for loans of up to $100,000 from USDA-approved lenders to purchase farmland or finance agricultural operations.“Over the past seven years, we have been transforming our loan programs at USDA so that they can be attainable and useful to all kinds and sizes of producers,” said Agriculture Secretary Tom Vilsack. “These EZ Guarantee Loans will help beginning and underserved farmers obtain the capital they need to get their operations off the ground, and they can also be helpful to those who have been farming for some time but need extra help to expand or modernize their operations. USDA’s Farm Service Agency has offices in nearly every county in the country, and we encourage all farmers, including those in urban areas, to stop in and inquire about this program.”USDA today also unveiled a new category of lenders that will join traditional lenders, such as banks and credit unions, in offering USDA EZ Guarantee Loans. Microlenders, which include Community Development Financial Institutions and Rural Rehabilitation Corporations, will be able to offer their customers up to $50,000 of EZ Guaranteed Loans, helping to reach urban areas and underserved producers. Banks, credit unions and other traditional USDA-approved leaners, can offer customers up to $100,000 to help with agricultural operation costs.According to the 2012 Census of Agriculture, 75 percent of all farm operations gross less than $50,000 per year. EZ Guarantee Loans offer low interest rates and terms up to seven years for financing operating expenses and 40 years for financing the purchase of farm real estate. USDA-approved lenders can issue these loans with the Farm Service Agency (FSA) guaranteeing the loan up to 95 percent.USDA is providing a 90-day period for the public to review and comment on program improvements. To review program details, visit www.regulations.gov, reference RIN 0560-AI34 and follow the instructions to submit comments.More than half of all FSA loans go to new farmers and more than a quarter to underserved borrowers. FSA also offers loans of up to $5,000 to young farmers and ranchers though the Youth Loan Program. Loans are made to eligible youth to finance agricultural projects, with almost 9,000 young people now participating. More information about the available types of FSA farm loans can be found at www.fsa.usda.gov/farmloans or by contacting your local FSA office. To find your nearest office location, visit https://offices.usda.gov.USDA’s EZ Guarantee Loans are an additional tool to support strong local and regional food systems, as well as organic agriculture. Across USDA, the Know Your Farmer, Know Your Food Initiative coordinates the Department’s policy, resources, and outreach efforts related to local and regional food systems. Over the past seven years, USDA has helped provide consumers a stronger connection to their food with more than $1 billion in investments to over 40,000 local and regional food businesses and infrastructure projects since 2009. Industry data estimates that U.S. local food sales totaled at least $12 billion in 2014, up from $5 billion in 2008.Learn more about USDA investments connecting producers with consumers and expanding rural economic opportunities online at USDA Previous articleFuture Corn Growers Transformed at FFA Career ExpoNext articleLate Planted Corn Doing Better Than Expected Gary Truitt By Gary Truitt – Oct 20, 2016 SHARE Facebook Twitter Beginning, Small and Urban Producers Gain Access to Creditlast_img read more

Meat Institute Responds to DOJ Investigation Calls into Cattle Market

first_img The North American Meat Institute this week defended its members against allegations of wrongdoing in the cattle market.The response follows a closed-door meeting between livestock and farm groups focusing on ways to improve cattle market transparency and a letter from Republican lawmakers to the Department of Justice.The lawmakers requested DOJ continue its investigation regarding cattle market manipulation.In reaction, Meat Institute spokesperson Sarah Little told the Hagstrom Report, “In July 2020, USDA analyzed the effects of the 2019 Holcomb facility fire and the pandemic, finding no wrong-doing and confirming the disruption in the beef markets was due to devastating and unprecedented events.”She pointed to several announcements to build new packing facilities or expand capacity that will increase cattle slaughter capacity roughly four percent.In the letter to DOJ, the group or republican lawmakers state, “while black swan events do not always prove wrongdoing, additional attention can reinforce confidence in the system.” Facebook Twitter By NAFB News Service – May 19, 2021 Home Indiana Agriculture News Meat Institute Responds to DOJ Investigation Calls into Cattle Market Meat Institute Responds to DOJ Investigation Calls into Cattle Market SHARE SHARE Facebook Twitter Previous articleU.S. Department of Agriculture Announces Key Leadership in Natural Resources and Conservation AreasNext articleConcerns With Corn and Soybeans NAFB News Servicelast_img read more

Bombay HC Rejects Petition By Pune Hospital To Utilize Money In ‘Indigent Patient Fund’ For Covid-19 Patients Not Falling Under EWS [Read Order]

first_imgNews UpdatesBombay HC Rejects Petition By Pune Hospital To Utilize Money In ‘Indigent Patient Fund’ For Covid-19 Patients Not Falling Under EWS [Read Order] Nitish Kashyap26 May 2020 7:21 AMShare This – xThe Bombay High Court on Friday rejected a petition filed by Grant Medical Foundation Ruby Hall Clinic, Pune seeking directions to the State to allow withdrawal of funds meant for patients belonging to the economically weaker section of the society under the ‘Indigent Patient Fund’, for Covid-19 patients in the hospital who do not belong to the weaker section.Justice SJ Kathawalla heard the…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Bombay High Court on Friday rejected a petition filed by Grant Medical Foundation Ruby Hall Clinic, Pune seeking directions to the State to allow withdrawal of funds meant for patients belonging to the economically weaker section of the society under the ‘Indigent Patient Fund’, for Covid-19 patients in the hospital who do not belong to the weaker section.Justice SJ Kathawalla heard the writ petition by a public charitable trust registered under the Bombay Public Trust Act, 1950 specializes in treating patients afflicted with cardiac, nephrology, neurology and cancer issues. While rejecting the plea, Court added that the petitioner Trust is always free to use the amounts lying in the “Indigent Patients Fund” to treat the indigent patients suffering from Covid-19 and/or from any other sickness. In an order dated August 17, 2006, while hearing a writ petition, the High Court approved “The Scheme for treatment to indigent patients and weaker section patients for the purposes of Section 41AA of the Bombay Public Trust Act.” The said scheme was later enforced and implemented as a scheme under Section 41AA of the Bombay Public Trust Act.Salient features of the said scheme are-The public charitable hospitals falling within the definition of “State aided public trust” are under a legal obligation to reserve and earmark 10% of the total operational beds for the indigent patients and provide free medical treatment to them. Also, 10% of the total operational beds are to be earmarked and reserved for the weaker section patients at concessional rates . Every public charitable hospital shall create a separate fund to be named as “Indigent Patients Fund” (IPF) and shall credit 2% of gross billing of all patients (other than indigent and weaker section patients) without any deduction . The amount credited to this account shall be utilized only for providing medical treatment to the indigent and weaker section patients.Following non-billable services are to be provided free of cost to the indigent as well as weaker section patients: (i) Bed (ii) RMO services (iii) Nursing care (iv) Food (if provided by the hospital) (v) Linen (vi) Water (vii) Electricity (vii) Routine Diagnostics for treatment of general specialties ; and (ix) Housekeeping services.Advocate SR Nargolkar along with Advocate Arjun Kadam appeared on behalf of the petitioner and Advocate Shruti Vyas for the State.It was argued on behalf of the trust that presently during the pandemic and consequent lockdown, no planned surgeries, procedures and operations in the nature of life saving or emergency procedures/surgeries/operations can be carried out. These are the surgeries, operations and procedures, which enable the petitioner trust to cross subsidize the costs of treating the patients covered by the said Scheme. However, Nargolkar submitted that the Out Patient Department of the petitioner Trust is completely shut-down and income from this source is also not available. Though the income sources of the petitioner trust have dried up, the salaries of the staff and resident doctors running into lakhs of rupees have to be borne by the petitioner Trust. In addition, the Trust also has to bear the cost of fixed overheads such as electricity, maintenance of equipment, municipal charges towards water, sewerage and other municipal taxes and charges, Nargolkar said.The Trust made a representation before the concerned Deputy Charity Commissioner to permit the administration of the Trust to utilize the money available in the “Indigent Patients Fund” for defraying the costs incurred for treatment of patients. The request was rejected and a further representation was made before the Chief minister and the State which is pending.In an affidavit dated May 14, 2020, the Deputy Charity Commissioner, Pune, strongly opposed the urgent reliefs sought by the petitioner Trust on the grounds that no details whatsoever have been provided by the Trust about its financial status and that the Trust is bound to have its financial plan (IPF) for an emergency, like the present one.After going through the material at hand, the Court noted that the petitioner has not made any mention about the specific amount of money lying in the said ‘Indigent Patients Fund’, also no details or particulars of the estimated expenditure required to be incurred, has been provided. Court is also not provided with any particulars such as the amounts lying in the current/savings and/or the fixed deposit accounts of the petitioner Trust with various banks. In the hearing on May 15, Justice Kathawalla enquired from the petitioner’s advocate about the above details. Nargolkar stated that approximately an amount of Rs. 3 crores is lying in the said ‘Indigent Patients Fund’, apart from this he had no other instructions. Thereafter, written submissions were filed by Assistant Manager (Legal) for the petitioner. Referring to the same, Court observed-“From the above particulars, I find that seen at this stage, the petitioner Trust is attempting to avoid providing specific particulars qua its income and expenses. Instead of making general statements, the Petitioner trust could clearly have set out in its written note, the amounts required to be paid/defrayed under various heads for the months of April-May 2020, and the amounts already paid so far.”Justice Kathawalla pointed out that the petitioner Trust did not utter a word about having fixed deposits to the tune of Rs.68 Crores until it was compelled to disclose its current financial status.Court said-“The petitioner Trust has shown reluctance to utilize the amount of Rs.68 Crores on the ground that the same is earmarked by it for meeting capital expenditure. However, the Petitioner Trust is seeking urgent permission of this Court to utilise a sum specifically earmarked for the indigent and weaker section of the patients under a Scheme formulated under Section 41AA of the Bombay Public Act, 1950.”Finally, rejecting the said petition, the Court added that the relief sought will require a detailed hearing and cannot be granted at this stage as an urgent relief. Justice Kathawalla opined that even if it is assumed that an amount of Rs.3 cr is lying in the said fund, the Trust can instead use the money from its fixed deposits running into Rs.68 Crores to tide over the financial difficulties claimed by them. Court directed the State to decide the petitioner’s representation within two weeks.Click Here To Download Order[Read Order]Next Storylast_img read more

Letterkenny Gardai investigate alleged assault of woman

first_img Gardaí are investigating an alleged assault of a female which occurred at Speers Lane, Letterkenny.The alleged assault occurred in the early hours of this (Sunday morning.The scene was cordoned off as part of an investigation which Gardai say is ongoing.There are no further details available at present. By News Highland – August 20, 2017 Pinterest Facebook Twitter Homepage BannerNews Important message for people attending LUH’s INR clinic Previous articleMalin take first Championship win – Full Time Report & ReactionNext articleAppeal for information after shots are fired at house News Highland DL Debate – 24/05/21 Google+ Loganair’s new Derry – Liverpool air service takes off from CODA Google+center_img Pinterest Facebook News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR WhatsApp WhatsApp Nine til Noon Show – Listen back to Monday’s Programme Arranmore progress and potential flagged as population grows Letterkenny Gardai investigate alleged assault of woman Twitterlast_img read more

Coronavirus live updates: China reports no new domestic cases for first time since outbreak started

first_imgnarvikk/iStock(NEW YORK) — A pandemic of a new respiratory virus that began in China just three months ago has tightened its grip around Europe and North America.The novel coronavirus, known officially as COVID-19, has spread to every continent except Antarctica as well as every single European country, infecting more than 222,600 people globally and killing at least 9,115 of them, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. While China still compromises the bulk of the world’s cases and fatalities, that proportion is shrinking by the day as the outbreak appears to ease up there and intensify abroad.The disease has now infected 9,415 people across all 50 U.S. states, Washington, D.C., and Puerto Rico, making the United States the country with the fifth-highest national total of confirmed cases in the world. At least 141 people have died, according to ABC News’ count.With more than 35,000 confirmed cases, Italy has the second-highest national total, behind China. Here’s how the news is unfolding Thursday. All times Eastern:7:51 a.m. CDC releases new data showing young patients are being hospitalized, tooOut of 508 patients known to be hospitalized for novel coronavirus in the United States, a decent portion of them were actually relatively young, according to data released late Wednesday by the U.S. Centers for Disease Control and Prevention.The new data shows that 20 percent of those 508 hospitalizations were patients who ranged in age from 20 to 44. Another 18 percent were between the ages of 45 and 54.COVID-19 is still significantly more dangerous for older people, with 80 percent of deaths associated with adults over the age of 65. But the new data is noteworthy considering evidence that young people may be taking warnings about social distancing less seriously. The more younger people who require hospitalization, the less resources there are for the older patients who are more likely to die from the disease.6:56 a.m. 50 new infections per hour in Iran, health ministry spokesman saysA spokesman for Iran’s health ministry revealed Thursday just how badly the novel coronavirus is ravaging his country.Kianoush Jahanpour said on Twitter that 50 people are contracting COVID-19 every hour in Iran, with one person dying from the disease every 10 minutes.“In terms of this information, make a conscious decision about travel, traffic, transportation, and sightseeing,” Jahanpour tweeted.More than 17,360 people in Iran have been infected with the new virus and 1,135 of them have died, according to data compiled by Johns Hopkins University’s Center for Systems Science and Engineering. Iran has the third-highest national total of confirmed COVID-19 cases in the world.Iran’s deputy health minister, Alireza Raisi, urged residents on Wednesday to “please follow the guidelines and stay at home.”6:30 a.m. EU’s Brexit negotiator tests positiveThe European Union’s chief Brexit negotiator revealed Thursday that he has tested positive for the novel coronavirus.Michael Barnier, a French politician serving as the European Commission’s Head of Task Force for Relations with the United Kingdom, made the announcement on Twitter.“I am doing well and in good spirits. I am following all the necessary instructions, as is my team,” Barnier tweeted. “For all those affected already, and for all those currently in isolation, we will get through this together.”I would like to inform you that I have tested positive for #COVID19. I am doing well and in good spirits. I am following all the necessary instructions, as is my team.For all those affected already, and for all those currently in isolation, we will get through this together.— Michel Barnier (@MichelBarnier) March 19, 2020Barnier was scheduled to hold talks over a future trade deal between Britain and the European Union on Wednesday with U.K. Prime Minister Boris Johnson’s Europe adviser, David Frost. But the negotiations were cancelled due to the coronavirus outbreak.Although the United Kingdom formally left the European Union on Jan. 31, the country is in a Brexit transition period as both sides work to agree on a trade deal before the end-of-year deadline.4:40 a.m. Honolulu denies two cruise ships from disembarkingPassengers and crew aboard two cruise ships set to dock in Honolulu won’t be allowed to disembark in Hawaii’s capital, officials said, even though there are no positive coronavirus cases on either vessel.State authorities and cruise line officials previously said passengers and crew would be allowed to leave the ships at Honolulu Harbor. But on Tuesday, Hawaii Gov. David Ige asked visitors to postpone their travel to the island state for at least 30 days as part of efforts to slow the spread of the novel coronavirus. The two vessels were already at sea at the time.Now, the ships will only be allowed entry to refuel and restock on food and supplies. The Maasdam, operated by Holland America Line, is scheduled to arrive at Honolulu Harbor on Friday and depart the following day. The Norwegian Jewel, operated by Norwegian Cruise Line, is scheduled to arrive Sunday.“The health and safety of all people in Hawaii is always at the forefront of operational decisions. Presently, all state resources are focused and directed towards containing the spread of COVID-19. Allowing more than 2,500 passengers and crew to disembark will further strain these resources,” Hawaii Department of Transportation Director Jade Butay said in a statement Wednesday night. “HDOT and the State are allowing the ships to dock at Honolulu Harbor so they may refuel and restock. Neither ship had originally planned to make Hawaii its final port and both will carry on to mainland destinations, where more resources can be marshaled to handle the passengers and crew properly.”4:09 a.m. Virus shuts down Las Vegas air traffic control towerThe air traffic control tower at McCarran International Airport in Las Vegas has temporarily closed after an air traffic controller tested positive for the novel coronavirus on Wednesday, according to the Federal Aviation Administration.The Las Vegas Terminal Radar Approach Control has assumed control of the airspace. McCarran International Airport remains open and operations will continue at a reduced rate until the situation is resolved.The FAA continues to maintain close contact with airports, airlines and other stakeholders during the situation, a spokesperson told ABC News.“The safety of our staff and the traveling public is the FAA’s top priority,” the spokesperson said in a statement late Wednesday. “Our controllers, inspectors and others with critical safety or security sensitive roles are essential components of our national airspace.”3:50 a.m. Half of the world’s student population out of schoolMore than 861.7 million children and youth — roughly half of the world’s student population — are not attending school as 107 countries enforce nationwide closures of educational institutions in an attempt to contain the coronavirus pandemic, according to the United Nations Educational, Scientific and Cultural Organization.An additional 12 countries have implemented localized school closures and, should these become nationwide, millions of more students will be impacted, UNESCO warned.2:30 a.m. China reports no new domestic transmissions for 1st time since outbreak beganChina’s mainland has reported no new domestic transmissions of the novel coronavirus for the first time since the outbreak started — a major milestone in the country’s fight against the epidemic.The Chinese National Health Commission said on Thursday that there were 34 new confirmed cases of COVID-19 on the mainland during Wednesday, but all were imported from overseas. There were no new cases of any kind reported during Wednesday in the city of Wuhan nor its surrounding Hubei province, the original epicenter of the virus outbreak.The newly identified virus first emerged in Wuhan back in December and, within weeks, the city was reporting thousands of new infections daily at the height of the country’s epidemic. Overall, China has reported more than 81,000 confirmed cases, mostly in Hubei province.Earlier this month, Chinese state media reported that the last of a dozen makeshift hospitals built to house coronavirus patients in Wuhan had wrapped up operations and officially closed. The first groups of Chinese medical teams who were deployed to Wuhan to assist with the outbreak began leaving on Tuesday.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Blair commits to paid paternity leave

first_imgPrime Minister Tony Blair has confirmed the Government’s commitment toproviding two weeks paid paternity leave, pre-empting the results of theconsultative period on the review of parents working rights. The consultative period on the green paper, Work and Parents:Competitiveness and Choice, wasn’t due to end until 7 March. Speaking at a Labour conference held in Glasgow, Scotland, at the end ofFebruary, Blair promised to, “introduce for the first time the right topaternity leave, paid for by the Government, not the employer”. Although the Prime Minister didn’t go into detail, it’s thought men will beoffered the same rate of pay as women on maternity leave which has just risento £62.20 per week. However, other proposals in the green paper, which include the introductionof rights for mothers to work part-time after having children have yet to bedecided. Comments are closed. Related posts:No related photos. Previous Article Next Article Blair commits to paid paternity leaveOn 1 Mar 2001 in Personnel Todaylast_img read more

In brief

first_img Comments are closed. Related posts:No related photos. Previous Article Next Article This week’s Employers’ Law news in briefChristmas Day opening hours under review The Government is considering plans to stop large retailers opening onChristmas Day in a bid to protect shop staff. The news follows a three-year campaignby union USDAW that was concerned some of its 250,000 members could be forcedto work on 25 December. Employers accused of ignoring minimum wage The TUC has accused employers of cheating thousands of workers out of theirrightful pay by ignoring the National Minimum Wage. The policy became law fouryears ago but the TUC estimates that 17,000 workers are still underpaid. Theunion has published new enforcement guidance to help add to the £13m recoveredfrom dishonest firms. Asthmatic woman wins £17,000 unfair dismissal An asthmatic woman has been awarded £17,000 compensation after her employerfailed to protect her from cigarette smoke, despite knowledge of her condition.Karen Whitehead, who is registered as disabled, worked at the firm for only 45days but claimed for unfair dismissal after taking 16 days off sick. EU Agency Workers Directive in the balance The argument over the EU Agency Workers Directive may not be decided untilthe end of 2004. The controversial draft of the rules that would give temporarystaff comparable pay and conditions to full-time workers is causing a riftamong members. New EU member states could be crucial in its future. UK firms consider random drug tests More than half of UK companies have looked at introducing random drug testsfor staff, with one in eight using them to investigate substance abuse. Asurvey by Croner found that 18 per cent of firms are considering introducingtests, and 14 per cent rejected the idea. In briefOn 1 Nov 2003 in Personnel Todaylast_img read more