Standard Chartered to expand non banking operations

first_img Tags: NULL Standard Chartered to expand non banking operations Friday 12 November 2010 2:34 am John Dunne More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Show Comments ▼ whatsapp whatsapp Standard Chartered will focus on organic growth and aims to expand non-banking operations in South Korea, its chief executive said.“You will see us doing more securities-based (work) using the holding company platform… In Korea as everywhere else, the primary focus of our strategy is organic growth,” Peter Sands told reporters in Seoul.The London-based bank earns about four-fifths of its profits in Asia, and South Korea is its third-biggest market by assets.StanChart raised $5.3bn (£3.3bn) through a rights offering as it seeks to boost capital ahead of tougher global rules.Sands cautioned a potential impact of a new global regulation standard on the financing of SME business as the bank is now turning to the small and medium sized business sector from private and priority banking operations, which it hopes to double in the next three years.“Financing SMEs is quite challenging but Basel III is just making it more so,” he said.Sands said the $5.3bn rights issue was to fund its growth in Asia, Africa and Middle East, but ruled out any possibility of acquisitions, including South Africa’s Nedbank, which its UK rival HSBC ended acquisition talks.Sands said he was optimistic about business conditions for next year but noted plenty of risks including a turbulent economy.“There are risks arising from the persistence of very big imbalances in the world and also… from the monetary stimulus packages that have been used. I don’t think it will be smooth,” he said. Sharelast_img read more

Betmotion becomes Fluminense shirt sponsor

first_img Subscribe to the iGaming newsletter Sponsorship Sports betting regulation in Brazil has been repeatedly delayed since a measure to approve the activity was signed into law by then-president Michel Temer in December 2018. 4th February 2021 | By Conor Mulheir Betmotion becomes Fluminense shirt sponsor The deal will see Betmotion’s logo added to Fluminense’s shirts, and will last for 12 months, ending on 31 January, 2022. “We are still looking to expand our brand,” said Mário Bittencourtt, president of Fluminense FC. In November 2020, Betmotion became a sponsor of Novo Basquete Brasil (NBB), Brazil’s premier men’s basketball league. The deal saw Betmotion branding appear in the official communication channels of the league, as well as in on-court signage. Rio de Janeiro-based football team, Fluminense F.C., has signed a sponsorship deal with online sports betting and casino operator Betmotion. “This new partnership, with an entertainment company, is the fourth we have closed during the pandemic. It is another demonstration of the value of the Fluminense project.”center_img It was expected at that time that legal wagering in the jurisdiction would go live this year. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “Our intention is to promote the sport and our partnership with Fluminense shows that we are on the right path. There is nothing better than to associate our brand with a club that has so much tradition, a passionate fandom, history, victories and idols.” Topics: Sports betting Sponsorship Online sports betting Sportsbook After launching several consultations on the matter, Brazil’s current president Jair Bolsonaro appointed managers to oversee the sportsbook licensing process in August 2020. Angelo Alberoni, country manager for Betmotion, added: “Betmotion has Brazilian DNA, and partnering with one of the giants of Brazilian football is a source of pride.” Regions: Brazil The operator has also created a new landing page for Fluminense fans, where it offers customers an increased deposit bonus when they register with the club’s promotional code. Email Addresslast_img read more

FTSE 100 stocks: a UK share I think could TREBLE my money during the new bull market

first_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. FTSE 100 stocks: a UK share I think could TREBLE my money during the new bull market Royston Wild | Thursday, 4th February, 2021 | More on: AHT 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” 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. Simply click below to discover how you can take advantage of this. Royston Wild owns shares of Ashtead Group. The Motley Fool UK has no position in any of the shares mentioned. 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.center_img Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. I’m not going to dispute that the global economic outlook remains laden with hurdles as we edge further into 2021. The near-term profits picture for a great many UK shares remains as clear as mud.The economic rebound is linked directly to the battle against Covid-19, of course. So it’s no surprise that investor appetite for UK shares remains in the doldrums as news of virus variants — and evidence that they might be immune to some vaccines — has tempered hopes over mass vaccination rollouts.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…Could UK share prices treble again?All that said, I’ve not been put off from continuing to invest in my Stocks and Shares ISA. I take a long-term view when it comes to buying and owning UK shares. And I believe there are plenty of quality stocks out there that will recover strongly from the Covid-19 crisis. I reckon the ones I’ve bought over the past year will soar during the new bull market too.Remember that UK share prices rocketed in the decade following the last major economic catastrophe. Stock markets collapsed as the banking crisis unfolded and the huge debt levels of advanced economies came into focus. However, they soared during the following 10 years as economic conditions recovered and corporate profits bounced back. In the nine years to 2018 the FTSE 250 trebled in value while the FTSE 100 more than doubled.I’m building my shares portfolio in the hope that the companies I bought following the 2020 stock market crash will also balloon in value in this new decade. Ashtead Group (LSE: AHT) is one UK share I fully expect to deliver delicious returns through to 2030 at least.A FTSE 100 crackerRental equipment giant Ashtead was one of the standout performers of the 2010s. And it’s a FTSE 100 share I’m pleased to say I already own in my ISA. The company soared more than 2,800% in value during the last decade as the construction sector roared back into life. The combination of huge organic investment and acquisition activity that Ashtead embarked on to build its market share around that time went some way to delivering titanic shareholder returns too.I’m backing this UK share to rip higher again during this new decade as well. It still has a nose for aggressive M&A action and has the financial firepower to follow through. Steps to build its fleet size and its geographic exposure helped drive Ashtead’s US market share to a whopping 10% in 2020 from 4% a decade earlier.A lumpy economic recovery might damage Ashtead’s profits generation during the next few years. A stunted rebound would damage equipment demand from the construction industry and other cyclical sectors. But I believe this threat is fairly priced into the company’s share price today. City analysts reckon earnings here will soar 22% in this fiscal year (to April 2022). And this leaves it trading on a rock-bottom price-to-earnings growth (PEG) ratio of 1. Bear in mind, though, that profits forecasts could change based on future developments and can’t be relied on. See all posts by Royston Wildlast_img read more

British Museum secures Waterloo paintings in £100k crowdfunding campaign

first_img  83 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis5 British Museum secures Waterloo paintings in £100k crowdfunding campaign The British Museum has raised £100,000 from the public to enable it to secure paintings of the aftermath of the Battle of Waterloo.The appeal was conducted on JustGiving, and it is the first time that the Museum has used crowdfunding. Donations were also received from the Friends of the British Museum and the American Friends of the British Museum.The funds ensure that the British Museum can retain paintings and watercolours by Thomas Stoney who recorded the aftermath of the Battle of Waterloo on 20 June 1815, two days after the battle. The paintings went on display at the Museum earlier this year, in the 200th anniversary year of the Battle. The Stony Waterloo Album can now become part of the permanent collection.The images show the landmarks and landscape of the Battle of Waterloo, as well as the grisly task of clearing the field of fallen soldiers.The Farmhouse of Quatre Bras 20 June 1815. © the Trustees of the British MuseumThe JustGiving element of the appeal surpassed its target: 89 donations totalled £115,102.The anonymous owner offered the artworks to the Museum at a reduced price “in appreciation of” the work of the Museum’s Director, Neil MacGregor, who leaves his role next month after 13 years.MacGregor commented:‘The chance to add the Stoney Waterloo Album to the Museum’s collection in the 200th anniversary year of the battle was one that we did not want to pass up. A generous gesture from the album’s owner allowed us to call upon the assistance of our Members and the public. I have been astounded by the kind pledges we have received from the Friends of the British Museum, the American Friends of the British Museum and those who contributed through the JustGiving website. Thanks to their assistance we have been able to add these watercolours to the collection and make them accessible to the widest possible public.” Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis5 Tagged with: arts crowdfunding Digital Justgiving Research / statistics Main image: The Farmyard of Goumont annotated burned on the 18 June 1815. © the Trustees of the British Museum  About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 11 November 2015 | Newslast_img read more

Roxana Saberi’s trial begins

first_imgDehnavi, who continues to call himself Hassan Haddad, was one of the torturers in Evin prison in the 1980s. While a judge at the Tehran revolutionary court’s 26th chamber from 2000 to 2005, he sentenced several journalists to long prison terms. He has been Mortazavi’s right-hand man since 2006. It was Mortazavi who was chiefly responsible for Canadian-Iranian press photographer Zahra Kazemi’s death in detention in July 2003. Saberi’s arrest was revealed by National Public Radio (NPR) in the United States on 1 March as a result of a call it received from her father on 10 February. The day after the NPR report, the Iranian authorities confirmed she was being held in Tehran’s Evin prison. Foreign ministry spokesman Hassan Ghashghavi said she had been working “illegally” in Iran. Judicial authority spokesman Alireza Jamshidi said on 3 March that she had been “arrested on the order of the Tehran revolutionary court and is now in detention in Evin prison.” Born and brought up in the United States, Saberi has lived for the past six years in Iran, where worked as a stringer for NPR from 2002 to 2006. She also worked for the BBC and Fox News.Her father, Reza Saberi, told Reporters Without Borders that she had not worked for the media since 2006. She did not have access to news and information as she did not have press accreditation. News News RSF_en March 18, 2021 Find out more Receive email alerts IranMiddle East – North Africa “Her writings were just personal notes and comments about cultural and literary subjects with a view to writing a book about Iran,” he said, adding that “she had been concentrating since 2006 on studying Farsi and Iranian culture at a Tehran university.” Iran: Press freedom violations recounted in real time January 2020 Organisation June 9, 2021 Find out more News to go further IranMiddle East – North Africa Follow the news on Iran News “The Iranian authorities use and abuse this charge to arrest journalists and tighten the muzzle on free expression,” Reporters Without Borders said, reiterating its call for Saberi’s release. The trial of Iranian-American journalist Roxana Saberi began yesterday in Tehran. Judiciary spokesman Ali Reza Jamshidi said she is accused of “spying for foreigners… for America.”—–10.04.2009 – Roxana Saberi accused of spying, a charge often brought against independent journalistsReporters Without Borders is very worried by the charge of spying brought against American-Iranian journalist Roxana Saberi yesterday by deputy prosecutor Hassan Zare Dehnavi (better known as Hassan Haddad), who said that “Saberi has admitted the charges against her.” April 14, 2009 – Updated on January 20, 2016 Roxana Saberi’s trial begins After Hengameh Shahidi’s pardon, RSF asks Supreme Leader to free all imprisoned journalists Ayatollah Khamenei ordered a crackdown on independent newspapers and journalists in 2000 for “collaborating and for being the domestic centre of enemy activity.” Most of the journalists arrested and jailed in Iran are charged with spying. Among the journalists currently held on this charge are Adnan Hassanpour, Mohammad Hassin Falahieh Zadeh and Mohammad Sadegh Kabodvand. Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists The trial of Iranian-American journalist Roxana Saberi began yesterday in Tehran. She is accused of spying, the charge brought against most of the journalists who are arrested in Iran. She faces a possible death sentence. Journalist arrested in the past on this charge include Siamak Pourzand (in 2000), Hossein Ghazian (in 2004), Parnaz Azima (in 2006), Mehrnoushe Solouki (in 2007) and Yosef Azizi Banitrof (in 2008). All were convicted on spying charges brought by Dehnavi and his boss, Tehran chief prosecutor Said Mortazavi. As a result of physical and psychological pressure, most of them confessed to the charges. Help by sharing this information February 25, 2021 Find out morelast_img read more

Winter Wedding Expo

first_imgLocal News Winter Wedding Expo Twitter By Digital AIM Web Support – February 24, 2021 WhatsApp Pinterest WhatsApp Permian Basin Bridal Association 2019 The Permian Basin Bridal Association has scheduled the 2019 Winter Wedding Expo from 1 p.m. to 5 p.m. Sunday at the Midland County Horseshoe Arena, 2514 Arena Trail, Midland. There will be tons of vendors, fashion shows and lots of prizes. A portion of the proceeds will benefit Harmony Home. Go online for information or tickets.center_img Previous article010919_Sandhills_ToddHooker_Iraan_PD.jpgNext article012619_PBVE_Tourney_TV_01 Digital AIM Web Support Facebook TAGS  Twitter Facebook Pinterestlast_img read more

American tourist rescued from Slieve League

first_img Gardai continue to investigate Kilmacrennan fire American tourist rescued from Slieve League RELATED ARTICLESMORE FROM AUTHOR Previous articleMore than 30,000 to descend on Derry for 12th celebrationsNext articleAnother elderly couples home targeted in robbery in Kilross News Highland Twitter Further drop in people receiving PUP in Donegal Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry By News Highland – July 12, 2013 Pinterest Google+ Google+center_img Twitter Main Evening News, Sport and Obituaries Tuesday May 25th News Facebook WhatsApp 75 positive cases of Covid confirmed in North WhatsApp Facebook A walking tourist has been rescued from Slieve League after getting into difficulty yesterday evening.The woman, from American, was walking with a friend when they got lost.One of the woman managed to make her way down and raise the alarm.In the meantime, her friend  found herself positioned in a dangerous situation in the area close to Eagle’s Nest and could not move.The new Sligo Rescue 118 Coastguard helicopter was tasked to the scene and eventually managed to winch the woman to safety just after 9pm.Members of Donegal Mountain Rescue Team along with their colleagues from Sligo and the Killybegs Coastguard Unit were also involved in the rescue. The woman was flown to Sligo General Hospital but was uninjured. 365 additional cases of Covid-19 in Republic last_img read more

Clarify Your Position On Terming Kashmir A Disputed Territory: Srinagar District Administration To J&K High Court Bar Association [Read Order]

first_imgNews UpdatesClarify Your Position On Terming Kashmir A Disputed Territory: Srinagar District Administration To J&K High Court Bar Association [Read Order] Sparsh Upadhyay9 Nov 2020 11:18 PMShare This – xOn Monday (09th November) the Jammu and Kashmir High Court Bar Association (JKHCBA) was barred from holding its Elections (earlier scheduled to take place on 10th November) by the Srinagar District Administration, and was specifically asked to clarify its position on terming Kashmir, a disputed territory.Srinagar District Magistrate Shahid Iqbal Choudhury issued the notice Bar…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?LoginOn Monday (09th November) the Jammu and Kashmir High Court Bar Association (JKHCBA) was barred from holding its Elections (earlier scheduled to take place on 10th November) by the Srinagar District Administration, and was specifically asked to clarify its position on terming Kashmir, a disputed territory.Srinagar District Magistrate Shahid Iqbal Choudhury issued the notice Bar Association (through its President), asking them to explain its Constitution which terms Kashmir a disputed area.The Bar Association has also been directed to submit relevant documents with the Srinagar deputy commissioner, including its Article of Association and registration papers.The Notice issued to the Bar Association cites Association’s Constitution, which states among its objectives, “to find ways and means, take steps, for resolving the issues concerning the public at large including larger issue of peaceful settlement of Kashmir dispute; and for this purpose organise seminars, conventions, delegate its members to various places within and outside India, to become members of other Associations, Bodies or Forums which share common outlook with associations.”In this context, the Notice further says,”You are required to explain position on the subject, since the above is not in consonance with the Constitution of India, whereby J&K is an integral part of the Country and not a dispute; and also it is in conflict with The Advocates Act, 1961″As stated, in the Notice, the Association has also been asked to produce the relevant documents indicating the date of issuance of such registration certificate, articles of association, registered office, executive body, and validity of registration among other details.Section 144 Imposed in District Court Complex and other areasImposing prohibitory orders in the district court complex and other areas, an order has been issued by the Office of the District Magistrate, Srinagar wherein it has been stated that Section 144 CrPC is being imposed under which “no gathering of 4 or more person shall be allowed in the premises of district Court Complex, Mominabad Batmaloo or any other place for the above purpose till further orders.”The Order says that Section 144 CrPC is being imposed on account of “Police report on the subject of conduct of election, non-response from JKHCBA on critical issues; and apprehensions of breach of public order”.The Order also says that the senior superintendent of police has furnished a “detailed report” raising serious concerns and apprehension of the situation having a bearing on multiple aspects.This Order further says that the district magistrate had also received representation from advocates of the Jammu and Kashmir High Court wherein serious allegations have been levelled and concerns raised regarding the election process and its motive.In this context, the Order states,”Having considered representation of the Subject and in absence of response from the J&K HCBA on the serious matter related to sovereignty and integrity of the country…It is hereby ordered that the conduct of election to JKHCBA shall not be allowed” till it clarified its position.Click Here To Download Order[Read Order]Next Storylast_img read more

Groton man charged with possessing child pornography

first_img GROTON, N.Y. – Police announced Friday that they have arrested a Groton man on two charges related to child pornography.New York State Police arrested Christopher A. Barrows, 61, on April 2, 2019, after an investigation carried out by the Troop C Computer Crimes Unit and Bureau of Criminal Investigations at Ithaca, according to a news release. “The CCU was made aware in August 2018 that inappropriate images of children were being uploaded to the residence where Barrows was living,” police said in a news release.Police executed a search warrant on April 2 and made the arrest.Barrows faces two counts each of promoting a sexual performance by a child and possessing a sexual performance by a child, felony charges.He was arraigned in the Town of Groton Court and remanded to Tompkins County Jail on $2,000 cash bail or $5,000 bond. Tagged: groton town court, new york state police Devon Magliozzi Your Crime & Courts news is made possible with support from: Devon Magliozzi is a reporter for the Ithaca Voice. Questions? Story tips? Contact her at [email protected] or 607-391-0328. More by Devon Magliozzilast_img read more

Myanmar extractive industry makes progress towards transparency

first_imgBurmese extractive industry transparency improves despite hurdlesOne of the key issues facing Myanmar’s extractive industry is beneficial ownership, which exists in virtually every industry in the world, across all levels of business in both major and developing economies, and presents an issue in so far as it conceals the owner or owners of a particular company from public record.Adding a layer of obscurity to the corporate ecosystem, they allow for all manner of crimes from drug trafficking to illegal logging, as well as the diversion of government resources and tax evasion, all at the expense of a government and its citizens.In Burma, questions over missing state-bound revenues from extractive companies have long been tied to beneficial ownership, prompting the government to publicly declare its commitment to eradicating the deceptive practice.The EITI recommended in 2013 that all oil and gas companies in the country, as well as those operating along the gemstone supply chain, release their holding information — but only a handful have done so.Myanmar remains without an exhaustive register of the ultimate owners that bid for, operate and invest in its extractive assets — the situation has, perhaps predictably, proved considerably more complicated than to enable such transparency so quickly.But today’s announcement from the EITI acknowledged the work undertaken by the country in introducing policy reforms, improving the data gleaned from extractive firms, encouraging public debate and creating a more robust dialogue with shareholders.The EITI did, however, emphasise the need to further improve public disclosures, particularly related to license allocation, gemstone production data and state-owned enterprises, as well as to more definitively clarify the status of military-affiliated extractive companies.Myanmar’s union minister for planning and finance U Soe Win said: “The EITI has been key in driving reforms in Myanmar — the government of Myanmar is committed to meeting the requirements of the EITI standard.“We put great effort into ensuring that EITI implementation is aligned with the Myanmar Sustainable Development Plan (MSDP), a country framework to fulfil the UN’s Sustainable Development Goals, to ensure linkage with the overall development of the country.“The Myanmar government welcomes the recommendations from the Board’s Validation and stands ready to initiate further reforms in the extractive sector for the benefit of our citizens.” The opacity of Burma’s private sector and the presence of so many foreign parties have made the process of introducing and enforcing regulation of any kind a much harder task (Credit: Flickr) The extractive industry in Myanmar was today recognised for the headway it and the country’s government have made towards achieving a more transparent and equitable network and supply chain.The Extractive Industry Transparency Initiative (EITI), the global standard for the good governance of oil and gas companies and miners, said Burma had achieved “meaningful progress”, although much work remains.The country joined the EITI in 2013, but a host of factors, including a notoriously opaque corporate ownership structure and natural resource reserves monopolised by the military and exploited by China have created a malaise that has rendered any substantial development extremely complicated.EITI chair Helen Clark said: “Myanmar is a unique example of a formerly opaque regime opening its doors and committing to greater transparency.“The government’s 12-point economic policy emphasises the strategic role of the EITI in the reform process, specifically in natural resource governance.“The government’s intention to ensure sound governance of its natural resource sector is signalled in this policy framework and in a reform agenda that puts emphasis on transparency.” One of the key issues facing Myanmar’s extractive industry is beneficial ownership, which exists in virtually every industry in the world, across all levels of business in both major and developing economieslast_img read more