Reading offices: American buy

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Djokovic, his wife test negative for coronavirus

first_imgNovak Djokovic and his wife Jelena, who last week both tested positive for coronavirus following his exhibition tournament in the Balkans, have now tested negative, his press service said Thursday.Neither the 33-year-old player or his partner felt any symptoms, the statement said.The couple had been self isolating since returning to Belgrade from Zadar in Croatia, the town which hosted the second leg of Djokovic’s ill-fated Adria Tour. Four players — Djokovic, Grigor Dimitrov, Borna Coric and Viktor Troicki — tested positive for the virus after the event which saw little social distancing and packed stands.The world number one’s coach Goran Ivanisevic also contracted COVID-19.Players had embraced across the net, played basketball and even danced in a nightclub during the week of the first leg played in Belgrade.Djokovic was widely criticised for hosting the tournament.The Serbian star issued an apology, saying he was “so deeply sorry” that the tournament “caused harm”.On Wednesday, the player donated more than 40,000 euros ($45,000) to Serbian town Novi Pazar which has been badly affected by the pandemic.Serbia, with a population of about seven million people, has registered nearly 15,000 coronavirus infections and 281 deaths.Topics :last_img read more

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Quran teacher in Makassar accused of sexually abusing students

first_imgShe said the victims were girls aged 9 to 12 years old. The abuse came to light after one of the victims’ mothers became suspicious of why her daughter suddenly refused to go to class.“After being questioned, the girl said that she was molested by her teacher,” Tenri said.After the mother reported the alleged sexual abuse, other victims’ families came forward with similar allegations. Tenri said there may be other victims that have yet to file reports.The Makassar Police’s Women and Children Protection (PPA) division head Insp. Ismail said the police had received reports from three victims as of Saturday.He said that according to the victims’ testimony, MP had sexually abused them during their Quran recitation lessons. “The victims would be approached by the Quran teacher and then he would put his hands under their clothes and touch their private parts.”Ismail added, however, that MP had yet to be summoned for questioning, because police were still collecting evidence to strengthen the case.“We have been coordinating with the psychologist team of P2TP2A regarding the victims’ assessment results,” he said. “We have also been coordinating with the hospital for the physical examination and the collection of evidence.” (trn)Topics : A 55-year-old male Qur’an teacher in Makassar, South Sulawesi, has been reported for allegedly sexually abusing his students.Makassar Integrated Care Center for the Empowerment of Women and Children (P2TP2A) head Andi Tenri Pallalo said the office had received a total of five reports against the teacher, identified by the initials MP, from victims’ families so far.“We have been handling this case since last week. We are currently assisting and conducting assessment by psychologists because the victims are minors,” Tenri said on Saturday.last_img read more

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Jamie Carragher explains why Liverpool chose not to sign Nicolas Pepe as he makes first Arsenal start

first_img Comment The £72m signing from Lille was handed his full debut at Anfield (Picture: Getty)Jamie Carragher says Liverpool opted not to sign Nicolas Pepe because he is too similar to Mohamed Salah, while he praised Unai Emery’s decision to start the Arsenal record signing at Anfield.After coming off the bench against Newcastle and Burnley, Pepe was finally given his full debut against the Champions League holders as Alexandre Lacazette dropped to the bench.Carragher is both a big fan of the player and Emery’s decision to use him to exploit the space behind Liverpool’s marauding full-backs, though didn’t feel Pepe was quite what Liverpool needed. Carragher likes Pepe but thinks he would have offered the exact same threat as Salah (Getty)He told Sky Sports: ‘Nicolas Pepe normally plays from that right-hand side coming inside onto his left foot, that’s why Liverpool never took him.AdvertisementAdvertisementADVERTISEMENT‘There was lots of speculation, but he’s basically a Mo Salah type of player really, in some ways, on that side coming in onto his stronger foot.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘Aubameyang does that from the left, and I’m not saying they’re both going to play really wide, but you can understand Lacazette missing out who just plays through the middle. So I think those two players might try and occupy Liverpool’s full back four and try and exploit Liverpool’s full-backs.’He continued: ‘I think it’s a tactical decision leaving Lacazette out. I think if you play against Liverpool you have to attack the spaces behind the full-backs and they’re probably Liverpool’s two most creative players. Advertisement Carragher believes Pepe and Aubameyang can cause damage off the flanks (Picture: Getty)‘So Unai Emery, I think, has looked at that and thought, “Do I go defensive, or do I try and push those full-backs back? And if they do go forward, can I exploit in behind?”‘It will be interesting, he spoke about whether to go offensively or defensively, he’s brought an extra midfield player in, of course he has, but he’s definitely got the armoury there to hurt Liverpool, especially if Liverpool defend the way they have in the first three games of the season.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenalcenter_img Jamie Carragher explains why Liverpool chose not to sign Nicolas Pepe as he makes first Arsenal start Metro Sport ReporterSaturday 24 Aug 2019 5:29 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link284Shares Advertisementlast_img read more

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Governor Tom Wolf Issues a Statement in Solidarity and Hope for Puerto Rico and Its People

first_img January 09, 2020 Governor Tom Wolf Issues a Statement in Solidarity and Hope for Puerto Rico and Its People Press Release Governor Tom Wolf today released a statement following Tuesday’s earthquake on the island of Puerto Rico:“I am deeply saddened and concerned about the reports of destruction and loss on the Island of Puerto Rico and its surrounding regions from the earthquake that hit the island Tuesday morning. It is particularly concerning given the devastating effects of Hurricanes Maria and Irma from which the island is still recovering. I traveled to the island in 2018 to offer the Commonwealth of Pennsylvania’s help and support as the people of Puerto Rico rebuild from the aftermath of those severe weather events.Puerto Rico and its people are known for their resilience and will rise again from this crisis. Pennsylvania is here to help. The Pennsylvania Emergency Management Agency is ready and willing to offer any assistance that Puerto Rico requires. We will continue to monitor the situation and support Puerto Rico as needed as it recovers from this latest setback. We stand in solidarity with the people and government of Puerto Rico in this difficult and trying time. My Advisory Commission on Latino Affairs has been, and will continue to be, in close touch with stakeholders both on and off the island to offer assistance and support.”center_img SHARE Email Facebook Twitterlast_img read more

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Deficits for Irish DB schemes more than double over last eight months

first_imgIreland’s largest private and public sector bodies saw their pension scheme deficits swell to more than €8.5bn at the end of August from €4bn at the end of December, according to an analysis carried out by consultancy LCP.Even though global equity markets put on more than 12% in the eight-month period, the defined benefit (DB) schemes were hit by falling bond yields, the study showed.The report, which takes in data from the DB schemes of 16 of the biggest Irish quoted companies by market cap and 13 semi-state/state-controlled companies found the average funding level to increased to 85% in 2013 from 81% in 2012.But only one of the companies analysed – public broadcaster RTE – reported that it had enough assets to meet its accounting liabilities at the end of 2013. Conor Daly, partner at LCP, said: “It is clear from the 2014 report that defined pension schemes remain under considerable pressure.”He predicted the big fall in bond yields during 2014 would have a devastating impact on many companies’ 2014 balance sheets.“Having seen many difficult benefit reductions and funding plans being implemented over the last 24 months, with pain being taken on all sides, it would seem defined benefit pension schemes cannot catch a break,” he said.LCP said Irish pension schemes were still holding higher-than-average equity allocations when compared with other jurisdictions. In Ireland, the average holding in equities is 50%; for FTSE 100 companies in the UK, it is 33%.Of schemes in the survey, the highest equity allocation was held by Ryanair ,with 77% in 2013, up from 74% the year before, while C&G Group had the lowest at 25%.According to LCP, the government’s pensions levy wiped €2.3bn from Irish pension schemes since it was introduced.Daly said the consultancy welcomed the government’s announcement in the 2015 Budget that the pensions levy would stop after next year.“The pensions levy has acted as a considerable disincentive to members and employers to contribute to pension schemes,” he said.last_img read more

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Wednesday people roundup

first_imgMercer – Catrina Holme has been appointed as a non-executive director of the UK board. Holme has been a non-executive board director and remuneration committee member at the Land Registry since 2012. Initially a private equity lawyer, she has been involved in the venture capital industry, serving in executive, non-executive and investment roles, since 1992. Separately, Rich Tuff has been appointed UK head of retirement administration. He began working at Mercer in 2010 as a senior client relationship manager.AMP Capital – John Angell has been appointed head of distribution for the UK and Europe. He will be based at AMP’s London office, working with institutional investors throughout the UK and Europe. He will also have responsibility for the sales of AMP’s global listed infrastructure and global REITs capabilities.Kirstein A/S – Andreas Weilby has been appointed head of department for search and selection. He will be responsible for Kirstein’s monitoring and selection of Danish and international asset managers, peer group analyses and assessments of investment strategies. Weilby was until the summer of 2014 associated with Financial Market Research as a consultant for asset managers with institutional activity in Europe.GES – The engagement services company has reorganised its management team. Chief executive and co-founder Magnus Furugård will assume the role of group chairman, while Hanna Roberts, currently GES’s engagement director, succeeds him. Josiane Fanguinovény, head of corporate governance, will be appointed engagement director and a new member of the management team.The Pensions Trust – Peter Vickers has been appointed regional development manager for South East England. Vickers joined in February from Capita, following 18 years in the financial industry. He specialises in supporting advisers and employers with both DB and DC schemes.Investec Asset Management – Jeff Boswell and Garland Hansmann have joined the global multi-asset team. Both join from Intermediate Capital Group, where Boswell was head of high yield and Hansmann head of portfolio management. SKAGEN Global – Tomas Johansson has been appointed a portfolio manager, starting on 1 August. He joins from the Swedish arm of Cevian Capital, an activist fund manager.Catella – Robert Fonovich has been appointed head of Catella’s Swedish corporate finance operations. He joins from PwC, where he was Sweden and sector manager for the Corporate Finance Real Estate business unit. Aon Hewitt, Towers Watson, AQR Institute of Asset Management, London Business School, Mercer, AMP Capital, Kirstein A/S, GES, The Pensions Trust, Investec Asset Management, SKAGEN Global, CatellaAon Hewitt – Mike Rogers has been appointed as a partner and head of large clients in the company’s delegated consulting services team. He joins from Towers Watson’s fiduciary investment team, where he developed the consultancy’s whole fund delegated proposition. Prior to focusing on the fiduciary business, he worked in the investment strategy team giving advice to clients on flight planning, risk analysis, portfolio construction, hedge implementation and design, as well as options strategies. His appointment follows the recent recruitment of Adrian Mitchell, who joined the delegated consulting team in March from the John Lewis Partnership Pensions Trust.AQR Institute of Asset Management – The London Business School and AQR have named the members of the advisory council for the AQR Institute of Asset Management, launched in January. They include:Robert Jenkins (chair), London Business SchoolHareb Al Darmaki, executive director, Abu Dhabi Investment AuthorityGregor Andrade, principal, AQR Capital ManagementElizabeth Corley, chief executive, Allianz Global InvestorsEduard van Gelderen, chief executive, APG Asset ManagementSacha Ghai, director, McKinsey & CompanyChris Hitchen, chief executive, Railways Pension Trustee CompanyHenrik Gade Jepsen, CIO, ATPDavid Kabiller CFA, founding principal, AQR Capital ManagementAnne Richards, CIO and executive director, Aberdeen Asset ManagementScott Richardson, managing director, AQR Capital ManagementPaul Tucker, former deputy governor of the Bank of England and senior fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy SchoolKaren Yerburgh, managing partner, Genesislast_img read more

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Rolls-Royce to save £145m in pensions overhaul

first_imgRolls-Royce has agreed a deal with its staff members’ unions to launch a simplified defined contribution (DC) scheme for workers who have joined the UK aerospace engineering group since 2007.The company has also undertaken to continue to keep its defined benefit (DB) scheme open for current active members until 1 January 2024.“The agreement we’ve reached will give greater financial stability to Rolls-Royce and our people,” said Joel Griffin, head of global pensions and benefits at Rolls-Royce.The DB scheme, which closed to new entrants in 2007, has more than 75,000 members and the firm will now ensure that the 12,500 workers still paying into the plan will continue to accrue benefits until 2024. “[The deal] simplifies our pension arrangements and helps us to keep our defined benefit scheme going, at a time when more and more companies are fully closing theirs,” Griffin said.“It will also meaningfully improve retirement prospects for younger Rolls-Royce employees, helping them to be better prepared for the future.”Rolls-Royce is set to save £145m (€166m) over the next three years as company contributions to the DB plan decline, but the firm stressed that payments will continue, with £115m to be injected into the scheme in 2018.The DB scheme, which has a surplus of approximately £1.4bn, remains in rude health thanks to a £500m payment by the company in 2008, Rolls-Royce said. Over the past decade, the company has paid more than £3bn into the fund.The drop in interest rates used to discount pensions liabilities has also helped the DB scheme remain in the black: at 30 September 2017 it was 113% funded.Across the UK’s DB pensions sector, just 4% of more than 230 private schemes with assets of more than £1bn remain open to new members, according to a recent report from consultancy Barnett Waddingham. Plans closed to future accrual jumped to 43% – six percentage points higher than last year.Earlier this year, employee benefit provider JLT reported that just 19 of FTSE 100 companies “are still providing DB benefits to a significant number of employees”.Rolls-Royce also announced plans to increase contributions from 2021 to the company’s DC scheme, which currently has approximately 10,000 members. Under the terms of the previous scheme, the company paid in a minimum of 5% for the youngest workers who contributed 4% of their salary, or a total of 9%.According to the details of the new deal, depending on the amount saved, the overall total of the base contribution would rise to 18%. A Rolls-Royce low emission engine being testedlast_img read more

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Nine women receive womb transplants

first_imgDr Mats Brannstrom and his team are trialling their pioneering techniqueNine women in Sweden have received womb transplants from living relatives in a pioneering trial.Dr Mats Brannstrom, of the University of Gothenberg, who has been leading the experimental fertility project, hopes the technique could help other women who want to become pregnant.He says up to 15,000 women in the UK could stand to benefit.This includes women either born without a womb or who have womb problems that stop them conceiving.Dr Brannstrom’s team recruited 10 women to their trial. One could not proceed with the trial for medical reasons, but nine went on to have a womb transplant.These women were born without a uterus or had it removed because of cervical cancer.Most are in their 30s and are part of the first major experiment to test whether it is possible to transplant wombs into women so they can give birth to their own children.‘New kind of surgery’Scientists in Britain and elsewhere are also planning similar operations but the efforts in Sweden are the most advanced.There have been two previous attempts to transplant a womb – in Turkey and Saudi Arabia – but both failed to produce babies.“This is a new kind of surgery,” Dr Brannstrom told Associated Press in an interview from Gothenburg. “We have no textbook to look at.”He and colleagues will run the first workshop on how to perform womb transplants and they plan to publish a scientific report on their efforts soon.The transplant operations did not connect the women’s uteruses to their fallopian tubes, so they are unable to become pregnant naturally. But all who received a womb have their own ovaries and can produce eggs to be used for IVF treatment.BBC News Share Share Share HealthLifestyle Nine women receive womb transplants by: – January 13, 2014center_img 20 Views   no discussions Tweet Sharing is caring!last_img read more

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The Latest: Fans may be back for 2nd-division game in Spain

first_img Associated Press Japan has a big presence in the sport and is the home of manufacturers Yamaha, Honda and Suzuki.Organizers say this is first time since 1986 that Japan will not host a race.MotoGP says it is trying to restart the season with races staying in Europe until mid-November. A race in Japan after that would be too late in the season.___Brazilian soccer club Vasco da Gama says 16 of its players have tested positive for the coronavirus. Miguel Ángel Ramírez has told the club’s official radio station the official announcement could be made next week.Spain has been gradually easing confinement restrictions across the country and the Canary Islands has been one of the most advanced regions controlling the coronavirus outbreak.Ramírez says Spanish health authorities will have the final say on whether fans will be allowed at the Gran Canaria Stadium.Details were not immediately announced but about a third of the 32,000-capacity venue could be open to fans.All first-division matches in the Spanish league are expected to be played without fans until the end of the season. Government officials believe some fans will be allowed back by next season with restrictions.___The International Tennis Federation and four Grand Slam tournaments are pledging more than $300,000 in financial support for wheelchair athletes and national event hosts affected financially by the coronavirus pandemic.Wheelchair tennis players who earned under $100,000 in prize money last year and meet certain ranking requirements can apply for a grant under the program.The wheelchair tennis tour has been suspended since March and at least until the end of July because of the COVID-19 outbreak. ___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 The Latest: Fans may be back for 2nd-division game in Spain More than 85 ITF-sanctioned wheelchair events have been postponed or canceled.___Italian soccer authorities are considering the possibility of allowing fans into stadiums starting next month.The Italian league is set to resume on June 20 with no spectators allowed. There are also strict rules limiting the number of people in the stadium to 300. That includes both teams, staff and journalists.Italian media are reporting that the soccer federation could discuss the possibility of increasing that number and permitting a vastly reduced number of fans.center_img Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The president of Spanish soccer club Las Palmas says fans may be allowed in to watch the team’s second-division match against Girona on June 13 in the Canary Islands. Federation president Gabriele Gravina says “it’s something I really wish for with all my heart.”Gravina says “it’s unthinkable that in a stadium that can hold 60,000 there’s not space for a small percentage of fans with the necessary precautions.”___The Big 12 Conference announced its schools can begin bringing athletes back to campus, with the resumption of voluntary activities starting June 15 for football players.The conference said each school can use its own discretion in deciding when athletes return to campus. The Big 12 had suspended all team activities, voluntary or required, because of the coronavirus pandemic through May 31. As of June 1, new rules go into effect. In-person required and voluntary team activities are still banned for all athletes from June 1-14. June 1, 2020 The Rio de Janeiro club says the positive results came after tests were conducted on about 250 people.Three players have already recovered and the others remain separated from the group.The club says it will begin a series of medical evaluations on squad members.Atlético Mineiro and Cruzeiro said Sunday one player in each squad tested positive. Atlético said Ecuadorean midfielder Juan Cazares had the virus. Cruzeiro announced that forward Vinícius Popó was infected.There is still not date set for the return of soccer in Brazil. Football players can resume voluntary on-campus activity on June 15. Other fall sport athletes can begin voluntary on-campus activity on July 1. Basketball players can participate in on-campus voluntary activities, starting July 6, and all other sports can resume voluntary activities on campus on July 15.Virtual or online supervised workouts and skill instruction is still not permitted. All required virtual or online activities, such as film study, are limited to eight hours per week and only on-field coaches may conduct those sessions.___The Japanese MotoGP has been canceled because of the coronavirus pandemic.The race was scheduled for Oct. 18 at the Twin Ring Montegi circuit. Organizers say they hope to return to the same venue next year.last_img read more

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