Maruti Suzuki likely to bring the much awaited Swift Sport to India soon

first_imgSuzuki Swift SportSuzuki’s globally popular variant Swift Sport, last seen at 2014 Delhi Auto Expo, is likely to make its way into the domestic market. Though these speculations have been doing the rounds for quite some time now, it seems this time the Japanese manufacturer would look to pop in a surprise by bringing in the performance-oriented version of the highly popular hatchback. Most car enthusiasts have been craving for this car for quite some time now.Despite having completed almost a decade since its launch, Maruti Suzuki Swift is still among the top ten selling cars in India, month after month. With respect to the Swift Sport, Maruti has not made any statement about its launch. However, from the buyer’s perspective, it would certainly make sense to bring this car to India since Volkswagen already has the high powered Polo GT TSI here. In addition, Fiat India is also planning to bring in its Abarth 500, a high powered hatch, by the end of this year.  Across international markets, the Swift Sport is available in two body styles, three-door and five-door, though India is most likely to get the five-door version. At the 2014 February Auto Expo in Delhi, we witnessed  a 1.6-litre, 4-cylinder engine with 99bhp of top power and 160Nm of peak torque inder the hood of this car. Maruti claimed that the vehicle accelerates from 0-100 kmph from in 8.7 seconds and clocks a top-speed of 193 kmph.Noteworthy features in Swift Sport seen in February- Head-lamps with head-lamp washers – Automatic headlights – Power-folding wing mirrors – Sports seats- Stainless steel sport pedals  – Bluetooth-compatible music systemadvertisementSafety features- Anti-lock Braking System (ABS)- Electronic Brakeforce Distribution (EBD) – Electronic Stability Program (ESP) – Dual front and side airbags – Curtain airbags, driver knee airbaglast_img read more

Cricket: Arjun Tendulkar sizzles with pace in Team India’s training ahead of England tour

first_imgAdvertisement AdvertisementImage courtesy: crictracker.comArjun Tendulkar, son of legendary cricketer Sachin Tendulkar trained with Team India at London as the squad continue their preparation for the upcoming tour of Ireland and England.The 18-year old left arm pacer, ran in fast to Kohli and co. with some quality pace in the nets to give a feel for what is to come in the feisty English conditions.Arjun received his maiden call-up to the U-19 squad for the upcoming tour of Sri Lanka in July. The youngster was also seen bowling in the nets at Lord’s a few years ago with the England squad.Arjun also had the privilege to bowl at his home ground of Wankhede during Team India’s practice session during New Zealand’s tour to India.At the end of the session, the youngster was seen in a lengthy chat with coach Ravi Shastri who had “words of advice” for the player who is set to begin his journey representing the nation.Words of wisdom from @RaviShastriOfc for young Arjun Tendulkar. pic.twitter.com/AEU8SOblC0— BCCI (@BCCI) June 25, 2018Watch Arjun Tendulkar steaming in towards the Indian batsmen in the video below (from 1:01)Read Also:India vs Ireland: Key players for the Irish that can shock IndiaFootball : Inter Milan Complete The Signing Of Radja Nainggolan On A 4 Year Deallast_img read more

Harden lifts Rockets past Clippers in preseason as Leonard, George watch

first_imgMatteo Guidicelli had saved up for Sarah G’s ring since 2014? Ethel Booba on SEA Games cauldron: ‘Sulit kung corrupt ang panggatong’ Becoming his own man In Honolulu, rookie guard Chris Clemons scored 15 points and Clint Capela had 14 points and 11 rebounds. Houston finished 11 for 48 from behind the arc, with Ben McLemore making three.Montrezl Harrell scored 17 points and fellow reserve Lou Williams had 13 in the Clippers’ preseason opener. Rookie Terance Mann had eight points and nine rebounds.Sports Related Videospowered by AdSparcRead Next NCAA: San Beda mauls Mapua, extends perfect streak to 16 DTI creates Marahuyo, a luxe Filipino fashion brand for global buyers NBA: Kawhi, George seek more for Clippers than beating Lakers PLAY LIST 01:48NBA: Kawhi, George seek more for Clippers than beating Lakers00:50Trending Articles00:50Trending Articles02:11Makabayan bloc defends protesting workers, tells Año to ‘shut up’03:07PH billiards team upbeat about gold medal chances in SEA Games01:38‘Bato’ to be ‘most effective’ CHR head? It’s for public to decide – Gascon02:07Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal01:28Ex-President Noynoy Aquino admits contracting pneumonia00:45Aquino agrees with Drilon on SEA games ‘kaldero’ spending issue They will also give Los Angeles a pair of defensive stoppers to throw at Harden. Without them, the Clippers couldn’t contain the 2018 MVP.Coming off a triple-double on Monday against Shanghai, Harden played 28 minutes and shot only 8 of 22 from the field and 4 for 14 from 3-point range, but hit 17 of 20 free throws.He also committed an offensive foul in the first half that Houston coach Mike D’Antoni tried to overturn by using the one challenge coaches get per game this season. Replay showed that Harden hooked his defender’s arm with his right arm while he dribbled with his left hand, so the call was upheld.The remainder of the schedule includes Sacramento and Indiana playing the first of their two-game set in India, followed by the Brooklyn Nets hosting Brazilian club Franca. Kyrie Irving is not expected to play after sustaining a facial fracture late last month.ROCKETS 109, CLIPPERS 96ADVERTISEMENT Canadian vaping study details danger from ‘popcorn lung’ chemical This jewelry designer is also an architectcenter_img MOST READ In the meantime, James Harden can still deliver a dazzling one-man show.The league’s leading scorer had 37 points, seven rebounds, seven assists and a role in the league’s new coach’s challenge, leading Houston to a 109-96 victory over the Clippers.FEATURED STORIESSPORTSGreatest ever?SPORTSFormer PBA import Anthony Grundy passes away at 40SPORTSBecoming his own manA three-game schedule that features the league’s first game in India later Friday started in Honolulu, but without many of the biggest names on the rosters. Houston gave Russell Westbrook another game off while he recovers from knee surgery in the spring, hoping to get the former Oklahoma City point guard onto the floor when it heads to Japan to play a pair of exhibition games against Toronto.Los Angeles is easing Kawhi Leonard into the season after he led the Raptors to the NBA championship, and Paul George is still recovering from shoulder surgery and not ready for contact. With those two swingmen together, the Clippers are one of the favorites to win their first title. LATEST STORIES Los Angeles Clippers shooting guard Amir Coffey (7) guards Houston Rockets shooting guard James Harden (13) during the second quarter of an NBA preseason basketball game, Thursday, Oct 3, 2019, in Honolulu. (AP Photo/Marco Garcia)The Los Angeles Clippers’ new superstar duo isn’t available yet, and the Houston Rockets aren’t ready to use theirs.At some point, those will be two of the teams that following a summer of change around the NBA can put a pair of All-Stars into a championship-contending lineup.ADVERTISEMENT Duterte calls himself, Go, Cayetano ‘the brightest stars’ in PH politics Drilon apologizes to BCDA’s Dizon over false claim on designer of P50-M ‘kaldero’ Don’t miss out on the latest news and information. View commentslast_img read more

Hey Fidel – Got Beisbol?

first_imgBOCA RATON — Major League Baseball Commissioner Rob Manfred remains hopeful a big league team will play an exhibition game in Cuba during spring training.President Barack Obama announced in December his intention to restore diplomatic ties between the United States and Cuba, and embassies were re-established in July.“There are a variety of issues involved there, not all of which are wholly within baseball’s control,” Manfred said Tuesday at the general managers meetings. “Obviously, the federal government has some significant influence on whether that’s going to take place, and there are issues that need to be solved before that can happen.”U.S. teams played spring training games in Cuba before Fidel Castro’s revolution but none appeared there from March 1959 until the Baltimore Orioles faced Cuba’s national team in Havana in March 1999. MLB has not returned since.“We got a little time still. There isn’t really a firm cutoff,” Manfred said. “We’re going to proceed internally and get to the point where we’ve sort of identified who would go, meaning which club would go if we can get it done. And one club maintaining flexibility with respect to a spring training date is a lot easier than 25 clubs maintaining that flexibility.”RONALD BLUM, AP Baseball WriterTweetPinShare0 Shareslast_img read more

Alexis dropped for Man United’s FA Cup test

first_imgManchester United Man United team news: Alexis dropped and Pogba remains on bench for FA Cup test Goal Last updated 1 year ago 02:36 18/3/2018 FacebookTwitterRedditcopy Comments(1) Alexis Sanchez Manchester United Getty Images Manchester United FA Cup Manchester United v Brighton & Hove Albion Brighton & Hove Albion The Chilean sits out for the first time since arriving from Arsenal in January, while the midfielder fails to reclaim a starting spot Alexis Sanchez has been dropped to the bench by Manchester United, where he joins Paul Pogba as the Red Devils take on Brighton & Hove Albion in the FA Cup quarter-finals.Jose Mourinho has made five changes from the side knocked out of the Champions League by Sevilla, with Sanchez missing out for the first time since arriving from Arsenal in January following 10 successive starts.The decision comes following a number of underwhelming performances in a variety of starting positions after signing for the club in the swap deal which saw Henrikh Mkhitaryan leave for the Emirates Stadium. Article continues below Editors’ Picks Williams case shows Solskjaer isn’t holding Man Utd’s youngsters back – he’s protecting them Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Pogba remains on the bench, from where he made a second-half substitute appearance on Tuesday, and it is Scott McTominay who steps in to replace Maroaune Fellaini in the midfield.Sergio Romero, Luke Shaw, Anthony Martial and Juan Mata also come in, with David de Gea, Ashley Young and Marcus Rashford dropping to the bench.Mourinho will be keen for his side to get back to winning ways following Tuesday’s setback and the days of rancour which have followed.Manchester United: Romero; Valencia, Smalling, Bailly, Shaw; McTominay, Matic; Mata, Lingard, Martial; Lukaku. Subs: De Gea, Lindelof, Pogba, Sanchez, Rashford, Fellaini, Young.Brighton & Hove Albion: Krul; Schelotto, Dunk, Duffy, Suttner; Kayal, Propper, Gross, Locadia, March; Ulloa. Subs: Maenpaa, Bruno, Goldson, Sanders, Izquierdo, Baldock, Murray.last_img read more

a month agoKepa confident Chelsea have bright future with Abraham, Mount & Co

first_imgAbout the authorFreddie TaylorShare the loveHave your say Kepa confident Chelsea have bright future with Abraham, Mount & Coby Freddie Taylora month agoSend to a friendShare the loveKepa Arrizabalaga says Chelsea have a bright future ahead of them due to the emergence of their academy players.Academy graduates Tammy Abraham, Mason Mount and Fiyako Tomori all scored in Saturday’s win over Wolves. Speaking ahead of the Champions League clash with Valencia on Saturday, Kepa insists the club will benefit greatly from their commitment to youth this season.”We don’t have much experience but that will grow as we play more games,” said Kepa.”The players who have come up from the Academy this season have done very well. It’s great for the fans to see young players coming up like that.”It shows what an exciting future we have ahead of us. We can’t neglect the present as well, and we have a very impressive team for the present. It’s a strong side.”On playing in Europe’s biggest knockout competition for the first time, the Spaniard added:”Regardless of the fact we’re a young team and it’s only September and there is a long way to go, we are going to play with energy and try and attack the opposition.”Many of the players in the team will be playing their first Champions League game but we’ve been waiting for this for a long time. We spent the whole of last year trying to qualify for the Champions League so we feel very enthusiastic.”We can’t wait to see the atmosphere at the Bridge and play in front of our fans in the most important European club competition.” last_img read more

Playoff Chairman Makes Revealing Comment About Notre Dame’s Status

first_imgNotre Dame football players running onto the field.SOUTH BEND, IN – SEPTEMBER 25: Head coach Brian Kelly of the Notre Dame Fighting Irish leads his team onto the field before taking on the Stanford Cardinal at Notre Dame Stadium on September 25, 2010 in South Bend, Indiana. Stanford defeated Notre Dame 37-14. (Photo by Jonathan Daniel/Getty Images)Notre Dame football is undefeated, and very well may finish the season at 12-0 after this weekend’s trip to struggling USC.That doesn’t mean the Fighting Irish are in the same class as fellow undefeated Power Five programs Alabama or Clemson, though, at least in the eyes of the College Football Playoff committee.Once again, Notre Dame came in at No. 3 in this week’s CFP rankings, after wrecking then-No. 12 Syracuse on Saturday. It seems like that may be the ceiling for the Fighting Irish.College Football Playoff committee chair Rob Mullens discussed Notre Dame football’s position after Tuesday’s rankings release.The Oregon athletic director had some interesting things to say about the Irish. Notably, he says the team is closer to No. 4 Michigan, which Notre Dame beat head-to-head, and No. 5 Georgia than it is to the Crimson Tide and Tigers.From Pete Sampson of The Athletic:College Football Playoff committee chair Rob Mullens on Notre Dame’s proximity to Alabama/Clemson versus its proximity to Michigan/Georgia. Irish lumped with Wolverines and Bulldogs.Personally, I’d consider them more a group of one at No. 3. But I’m not on the committee. pic.twitter.com/GUVJWqaUKp— Pete Sampson (@PeteSampson_) November 21, 2018There isn’t a huge difference between being No. 2 and No. 3. If things are chalk from here on out, it seems like Notre Dame is in for a date with Clemson, whether or not the Fighting Irish jump the Tigers.The bigger concern may be the possibility that Michigan looks awesome in games against Ohio State and Northwestern in the Big Ten Championship.Mullens does say that the head-to-head win over Michigan has an impact, but the Wolverines have the chance to pick up an extra data point, and the Ohio State game could carry a ton of weight.Notre Dame definitely wants to avoid a meeting with Alabama until the national championship game, if it can help it.last_img read more

HHI Workers Plan Partial Strike over Retirement Program

first_imgzoomIllustration; Image Courtesy: Flickr/SarahTz under CC BY 2.0 license Unionized workers at South Korea’s Hyundai Heavy Industries have unveiled their plans to organize a partial strike this week protesting the company’s revised retirement program and possible unpaid leave for idle employees.Yonhap News Agency cited an undisclosed union official as saying that the workers would stop working at a shipyard in Ulsan for four hours on Wednesday, September 13.Additionally, some 150 workers are set to travel to Seoul to engage in a protest rally, according to the official.In late August 2018, HHI’s unionized workers went on a strike opposing the retirement and unpaid leave plans. The plans, proposed as a cost cutting measure, are affecting idle workers from the offshore shipbuilding division of the company.The industrial actions come on the back of Hyundai Heavy’s efforts to focus on normalizing its businesses amid diminishing shipbuilding orders. Specifically, HHI hasn’t received an order for its offshore division since 2014 amid a downturn in the offshore oil and gas sector.As a result, the shipbuilder said it would temporarily shut down its offshore shipyard, impacting some 2,400 workers, to save money.So far, about 80 workers in the offshore division applied for a retirement program, while the company is waiting for a decision on whether it can introduce unpaid leave for idle employees.Earlier reports suggested that the company is also planning to sell its Onsan factory as part of its cost-cutting measures. The facility used to produce offshore modules and had a workforce of around 1,000 people. However, since the downturn of the offshore oil and gas sector, lack of newbuilding orders has put the facility out of work in 2016.World Maritime News Staff; Illustration, Image Courtesy: Flickr/SarahTz under CC BY 2.0 licenselast_img read more

Nominations Open for Respectful Citizenship Award

first_imgThere are few things in the world more powerful than a kind word or a good deed. To honour youth who are committed to making a positive contribution to their schools and communities nominations are being accepted for the new Lieutenant Governor’s Respectful Citizenship Award. The award will recognize students from Primary to Grade 12 who are going the extra mile to demonstrate leadership and create welcoming, safe and inclusive spaces in schools and communities, through personal projects and activities. “Lieutenant Governor’s awards are created to recognize the outstanding achievements and exceptional contributions of Nova Scotians to their communities,” said Lt.-Gov. J.J. Grant. “I am very proud that the first award created under my tenure will honour young people for their courageous efforts to build a more caring and inclusive society for everyone.” Up to 16 awards will be given annually, two in each of the eight school boards in Nova Scotia. An additional two awards will be presented if the recipient should be chosen from a private or home school system. Nominations must include a description of their role in the project or activity and how it supports the promotion of a safe and inclusive community, and be accompanied by two references. The award was announced in August at the province’s first Speak Up! anti-bullying conference. Lt.-Gov. Grant will present the award to recipients at a ceremony at Government House on national anti-bullying day, Wednesday, Feb. 26. Nomination forms have been sent to schools and can be found at http://antibullying.novascotia.ca . The deadline for Nominations is Friday, Dec. 20.last_img read more

CP NewsAlert Manitoba Liberal Leader Dougald Lamont retains seat

first_imgWINNIPEG — Manitoba Liberal Leader Dougald Lamont has retained his seat of St. Boniface in Winnipeg’s French district in the provincial election.Lamont took the longtime NDP seat away from the New Democrats in a byelection last year — nine months after he became party leader.The byelection was held after former NDP premier Greg Selinger retired from politics.Lamont does not live in the constituency, but has been visible at community events and has worked on his French-language skills.The Canadian Presslast_img read more

GIRL POWER SHANIA TWAIN THRILLED BY CANADIAN WOMENS SOCCER TEAM SONG TRIBUTE

first_imgShania Twain attends the 23rd annual Keep Memory Alive ‘Power of Love Gala’ benefit for the Cleveland Clinic Lou Ruvo Center for Brain Health at MGM Grand Garden Arena on March 16, 2019 in Las Vegas, Nevada. (Bryan Steffy/Getty Images for Keep Memory Alive) The women of the Canadian soccer squad thrilled Shania Twain by posting a video of themselves performing her hit Man! I Feel Like A Woman on their team bus.The country superstar caught the footage over the weekend and gushed about it during an appearance on Good Morning America on Monday.“It’s so touching,” she said. “These are young women who are starting their careers and probably would have come to my shows when they were three and five or something like that. It’s moving to be still inspiring them (sic)… Girl power.””It’s so touching.” @ShaniaTwain loves the GIRL POWER video the Canadian Women’s Soccer Team posted of the team singing “Man! I Feel Like a Woman” before their match! https://t.co/W1vUNMab63 pic.twitter.com/5GDshSt3SJ— Good Morning America (@GMA) June 17, 2019 The Canadian team won their first two World Cup games against Cameroon and New Zealand and they next play the Netherlands on Thursday. Advertisement Facebook Advertisementcenter_img LEAVE A REPLY Cancel replyLog in to leave a comment Twitter Advertisement Login/Register With:last_img read more

BlackBerry Qualcomm to expand collaboration in connectedcar technology

first_imgWATERLOO, Ont. – BlackBerry Ltd. (TSX:BB) has formed a strategic collaboration to develop technology for the next generation of connected vehicles with a subsidiary of Qualcomm Inc., a major semiconductor company.The Waterloo, Ont.-based company says it has agreed to help optimize select Qualcomm hardware platforms to work with BlackBerry’s QNX software, which is used to manage features of wirelessly connected cars such as infotainment systems.They have also agreed to optimize other BlackBerry software for use with select Qualcomm Snapdragon modems.Qualcomm and BlackBerry, which have a long-standing technology collaboration, didn’t release financial details of their new collaboration.Earlier this year, San Diego-based Qualcomm agreed to pay a US$940 million rebate to BlackBerry to settle a dispute over royalty payments.The automotive industry has been one of BlackBerry’s main opportunities for growth since it largely withdrew from the smartphone business and turned increasingly to secure wireless software and services.last_img read more

Land rights of exslave communities in Brazil at risk UN expert warns

26 May 2010A possible court decision in favour of Brazil’s industrial and livestock sector against the land rights of centuries-old communities set up by former slaves could infringe the country’s international human rights obligations, a United Nations expert warned today. Brazil’s Supreme Court will soon decide on the constitutionality of a decree regulating the granting of land titles to over 1,400 so-called Quilombo communities, an effort to compensate them for centuries of subjugation and human rights violations that has been challenged by the Democratic Party with support from the National Confederation of Industry, the National Confederation of Livestock Producers and the Brazilian Rural Society.“If the decree were to be declared unconstitutional, this would undermine the right of the Quilombo communities to have access to land and natural resources,” UN Special Rapporteur on the right to adequate housing Raquel Rolnik said in a statement.“This may contravene Brazil’s international obligations, particularly under the International Covenant on Economic, Social and Cultural Rights,” she added, stressing that the decree is part of a number of measures “aiming to compensate for the historical debt of the nation to communities affected by centuries of domination and violation of rights.”Although recognized in domestic legislation, the property rights of the Quilombo communities have been secured slowly, leaving them extremely vulnerable to forced evictions and threats by land owners, mining companies and developers seeking to take possession of their lands and natural resources. “The relationship with land and natural resources is at the centre of the lives of Quilombo communities,” said Ms. Rolnik, an independent, unpaid expert who reports to the Geneva-based UN Human Rights Council.“The spiritual and material foundations of their cultural identities are sustained through their unique relationship to the lands they traditionally occupy. Thus land is more than a mere source of subsistence; it is the basis of the continuation of their life and cultural identity.” The decree regulates procedures for granting titles to lands occupied by Quilombos in accordance with international human rights treaties ratified by Brazil, such as the International Covenant on Economic Social and Cultural Rights and the UN International Labour Organization (ILO) Convention on indigenous and tribal peoples. read more

UNs global postal agency looks to future in age of technology

“The Strategy Conference is an opportunity to look at the current trends impacting our sector, including those in the areas of technology, customer behaviour, services diversification and postal financial services,” Universal Postal Union (UPU) Director General Edouard Dayan told more than 550 delegates from 116 countries at the opening of the two-day meeting in Nairobi, Kenya.“We will also look at new economic models and try to better understand the role of postal services in our society. The agents of change are numerous in this period of radical transformation for the postal sector.”Global postal services form the largest physical distribution network in the world, employing nearly 6 million people to deliver some 430 billion letters and 6 billion parcels each year.When the UPU was founded in 1874, only the second international organization after the International Telecommunication Union (ITU), postal services were in their infancy and stamps were its trademark. It became a specialized UN agency in 1948, three years after the latter’s creation, and has 191 members. Now it is updating an action plan adopted in 2008, centred on improving the quality of the worldwide postal network, stimulating a universal postal service adapted to the social, economic and technological environment, promoting the sector’s sustainable development and fostering the growth of the postal markets and services.The postal sector is lifting itself out of an economic crisis that has accentuated a trend of declining letter-post volumes, but also provided new opportunities for national services in business segments such as parcels and financial services.Well before the economic crisis occurred, many postal services around the world had started to diversify, expanding into new areas such as logistics management, e-commerce and e-government. During the crisis, several postal services, especially those managing postal financial institutions, witnessed exponential growth in the number of customers and accounts as a result of consumers’ loss of trust in traditional banking institutions.E-commerce, often responsible for the growth of parcel volumes, also continued to thrive despite the crisis. 22 September 2010The United Nations postal union opened a two-day strategy session today to plot its course in the new age of technological advances and changing consumer behaviour. read more

Cisco Canada to head 150M fund for startup companies

TORONTO — Cisco Canada plans to invest $150 million over 10 years in a variety of Canadian startup companies, technology development incubators and new technologies that it thinks have the potential to affect the global market.Cisco Canada’s president Nitin Kawale said Canada has many innovative entrepreneurs but that there is a lack of funds and expertise to turn their ideas into commercial products.“This is the void we’re trying to fill,” Kawale said Thursday at a Toronto launch announcement that included federal Finance Minister Joe Oliver.Oliver said no federal matching funds have been allocated to the Cisco Canada Innovation Program.“This is a private-sector initiative. After all, the private sector is entitled to, and should be, pursuing their own initiatives. Government doesn’t have to be everywhere. It shouldn’t be and, in fact, we’re going to achieve our balanced budget next year because we’re going to be acting responsibly with taxpayers money,” Oliver said.However, Oliver said the effort does complement the federal government’s plan for stimulating investment in Canadian innovation.Under the Venture Capital Action Plan announced by Prime Minister Stephen Harper in January 2013, the government will deploy $400 million over a period of several years and expects to attract nearly $1 billion in new private sector investments in small- and mid-sized innovative companies.About $250 million of the total is to establish large “funds of funds” that will partner with institutional and corporate investors as well as interested provinces.Kawale said that Cisco’s investment program and the federal government’s fund-of-funds approach could be “symbiotic.”“The funds that are created by the federal government could conceivably, and most likely, invest in the same kind of companies that we’re investing in. So we see this as a symbiotic thing, as opposed to a completely separate thing.”Kawale said there have already been investments made under the new Cisco investment program, adding that there are short-lists of potential candidates, but he declined to identify any specific deals.“Today was really about announcing the initiative. Stay tuned, there will be lots of announcements to come.”Cisco has already made a number of investment announcements for Canada, including a 10-year deal with the Ontario government that was signed in December by Premier Kathleen Wynne, whose Liberal party was recently returned to power with a majority government.Under that agreement, Wynne said Ontario would provide up to $220 million over the next decade to support a Cisco initiative that the company says will add up to 1,700 jobs in the province, expanding its current Ontario workforce to 3,000 over six years and to 5,000 within a decade.Cisco later announced in March that it has identified Toronto as one of four new innovation hubs it plans globally. The other cities are in South Korea, Brazil and Germany.Kawale and Hilton Romanski, the Cisco executive who heads the company’s overall venture capital investment program, both told Thursday’s event in Toronto that they see Canada as a source of resource-oriented technological innovation.“If you look at the industries that are material to our GDP — oil and gas, utilities, agriculture, mining, health-care, manufacturing, etc. — these industries are ripe,” Kawale told reporters after the presentation.Romanski, Cisco’s senior vice-president for corporate development, said the Canadian innovation fund will invest both directly in innovative companies with global potential and indirectly in funds that are investing in such companies.“Our direct investment activity will tend to be closer to the core businesses of Cisco, where we have the ability to bring expertise and resources to the table to help those companies,” Romanski said.Cisco — which made its name as the leading global supplier of Internet equipment for large businesses — was at one time considered a potential buyer of Nortel Networks, before the Ontario-based company collapsed. Cisco has continued to thrive and broaden its product lines, including for the home, but it is still largely a supplier of communications equipment.The Canadian Press read more

Chinese company notes Port City will help Lanka

The report further states that the proposed CPC has the capacity to significantly contribute to the economic well‐being of the Colombo city and the Colombo Metropolitan Region (CMR). The long‐term employment figures include jobs generated at the CPC and multinational firms, jobs supporting local purchases made by local and foreign employees within CPC and firms that provide services to the CPC companies including office supplies and equipment, utilities, communications and professional services. The project, which is to be implemented over a 25-year period, does not involve replacing any economic activities in the area of its location or its immediate neighbourhood. Thus, the benefit generated by the entire reclaimed land becomes an additional asset to Sri Lanka as a result of a Foreign Direct Investment (FDI).According to an integrated master plan which is to be developed, the development of the CPC will create a significant amount of additional oceanfront land thus providing opportunities for expansion of Colombo’s Central Business District (CBD). The Chinese company involved in the Colombo Port City (CPC) project says, once completed, the Port City will have socio‐economic benefits for the country.China Harbour Engineering Company Ltd (CHEC) noted that the recently released Supplementary Environmental Impact Report (SEIA) for the Colombo Port City project says the main objective of the CPC is to create a regional business hub – a distinctly branded city, with high quality public spaces and infrastructure facilities, which would attract local and international developers and investors. The ultimate goal is to establish the city as a centre for finance, tourism, shopping and entertainment, attracting new investments and new buyers of real‐estate and tourists who will spend more money and entrepreneurs who will invest in new businesses in Sri Lanka. Further, through planned development, the government of Sri Lankan will be able to envision part of its objectives outlined in the Regional Structure Plan of 2004 (the CESMA Plan), without the burden of spending state resources.Additionally, the oceanfront land within CBDs emerging business cities would encourage finance, commerce and residential living within close proximity to each other. The CPC project therefore creates new land that will generate economic returns to the government, the investor, the city and the country as a whole.The positive impacts of the project include employment creation, enhanced foreign investment, positive revenue generation to the government, transfer of technology and value added contribution to the national economy. Once the physical, socio‐economic and environmental impacts of the CPC are identified and quantified, the next step of analysis is to monetize these impacts with economic prices. The SEIA says that the structural changes of the economy over the past ten years indicate the dominance of service sector economic activities, particularly in the areas of tourism, ICT, ports and shipping, retail, transport and financial services. The report states that the CPC has the capacity to contribute towards service sector oriented growth and development by attracting high profile FDI’s and generating a wide range of direct and indirect benefits to the national economy. The CPC project has the potential to generate a wide range of indirect socio‐economic benefits such as high profile FDI which will thereby create direct employment mainly for professional and technical occupations in areas such as Information Communication Technology (ICT), banking, fund management, investment banking, real estate, and retail and tourism sub‐sectors. The employees of these occupational groups are expected to be well paid and have the capacity to create indirect employment in the national economy due to high disposable income. Additionally, the project has the capacity to attract high profile FDI particularly for high value added service sector investments and headquarters of export manufacturing establishments. The immediate impact of such investments would be an increase in GDP and also an increase in foreign exchange earnings.In addition to job creation, other long‐term outcomes include fostering modern management practices in various fields that will upgrade the living standards of Colombo. Through the utilization of world‐class residential spaces, the project will also extend socio‐economic benefits. Additional economic benefits include an increase in higher paying jobs related to international trade and the movement of greater amounts of imports and exports through the Colombo Port. (Colombo Gazette) read more

5 things about how young and older Canadians are using technology

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – It’s not surprising that young Canadians are seen to be more plugged into digital trends than older consumers.But a new report from the Media Technology Monitor suggests the gaps between how the young and old(er) are using technology are, in some cases, vast.The research is based on telephone surveys with 6,011 anglophones conducted in the fall of 2013 and the spring of 2014. Overall, the survey results are considered accurate within 1.2 percentage points 19 times out of 20, while the numbers for the so-called millennial respondents, aged 18 to 34, have a margin of error of plus or minus 2.3 percentage points.HAVE A SMARTPHONE? ALMOST GOES WITHOUT SAYINGAlmost nine in 10 millennials told pollsters they had a smartphone, compared to just 58 per cent of the respondents who were 35 or older.Among Gen-Y respondents (in the 25-to-34 demographic), Google’s Android narrowly edged out Apple’s iOS as the mobile platform of choice, with each favoured by about four in 10 respondents. Just one in 10 said they preferred a BlackBerry.The Gen-Z consumers (aged 18 to 24) polled had a slight preference for iPhones and were even less likely to carry a BlackBerry (only six per cent said they did).About one in five of the older respondents said they had a BlackBerry, one in three had an Android, and most had iPhones.MILLENNIALS MORE LIKELY TO HAVE A TABLET, TOOGen-Y consumers were found to be the most likely to own a tablet, with just under half saying they had one (versus 38 per cent of Gen-Z respondents and 43 per cent of older consumers).Apple’s iPad had a dominant hold on the tablet market. Almost two in three tablet owners said they chose an iPad.ALMOST EVERY MILLENNIAL IS ON SOCIAL MEDIANearly nine in 10 millennials said they used at least one social network in the past month, compared to just over half of the older survey respondents.Virtually all of them in each age group said they had recently been on Facebook — 99 per cent of the Gen-Y social media users, 97 per cent of the Gen-Z social networkers, and about 93 per cent of the older respondents who said they used social media.One in three Gen-Z poll respondents said they used Twitter, compared to 28 per cent of the Gen-Yers and 12 per cent of the over-35 group.BURNING THROUGH GIGABYTES WATCHING ONLINE VIDEOAmong the Gen-Z respondents, 93 per cent said they had watched YouTube in the previous month and 63 per cent said they had streamed or downloaded a full-length movie.The numbers were a little lower for Gen-Y respondents (88 per cent and 48 per cent) and considerably lower for the older respondents (57 per cent and 27 per cent).EVERYONE LOVES NETFLIX, BUT ESPECIALLY MILLENNIALSWhile one in four of the respondents over 35 said they subscribed to Netflix, about four in 10 millennials said they were on the streaming service.Almost 90 per cent of the millennials who paid for Netflix said they used it every week, compared to 80 per cent of the older subscribers.Note to readers: This is a corrected story. A previous version had incorrect age ranges for Gen-Y and Gen-Z by Michael Oliveira, The Canadian Press Posted Jan 28, 2015 10:57 am MDT 5 things about how young and old(er) Canadians are using technology read more

Goodwill charge boosts Q4 loss at Hudsons Bay to 152 million

Goodwill charge boosts Q4 loss at Hudson’s Bay to $152 million by The Canadian Press Posted Apr 4, 2017 3:14 pm MDT Last Updated Apr 4, 2017 at 4:20 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Hudson’s Bay Co. (TSX:HBC) is reporting a $152-million net loss in the fiscal fourth quarter ended Jan. 28, boosting its loss for the fiscal year to $516 million.A year ago it reported earnings of $370 million for the quarter and $387 million for the year.The fourth-quarter loss includes a one-time non-cash goodwill impairment charge of $116 million driven by weak sales at its Gilt and Saks Off 5th businesses, while it had $333 million in net gains in the year-earlier period due to the sale of investments in joint ventures.The fourth-quarter loss came despite a 2.5 per cent increase in retail sales to $4.6 billion and a 13 per cent increase in comparable digital sales on a constant currency basis, the company says.HBC says it will budget between $450 million and $550 million in capital spending this year, about $150 million less than it spent last year.In January, the company announced it would cut $75 million from annual costs.“We are cutting expenses, rationalizing and reallocating our capital spending, strengthening our balance sheet, and taking other necessary actions,” says CEO Jerry Storch in a statement released after markets closed.“Rest assured, as we remain focused on the continued growth of our company, we are aggressively positioning HBC to adapt to the changing retail environment.” read more

Links between waste management and environmental sustainability spotlighted at UNbacked conference

At the latest meeting of the Global Partnership on Waste Management (GPWM), hosted by the UN Environmental Programme (UNEP) in Osaka, Japan, waste experts from around the world addressed the ongoing problems surrounding waste management, discussing how to reap greater economic and environmental benefits through better mutual cooperation. “Basic human needs such as clean water, clean air and safe food are jeopardized by improper waste management practices, with severe consequences for public health,” a UNEP news release warned, adding that improper waste management could lead to the spread of diseases, as well as contaminate the surrounding air, water and land. The UN agency noted that municipal waste is a growing burden for communities around the globe, citing World Bank statistics estimating waste volumes to grow from 1.3 billion tonnes to 2.2 billion tonnes by 2025. Moreover, with the global middle class slated to expand from two billion people to 4.9 billion by 2030, and expected to consume more resource-intensive goods, public waste management systems risk struggling with the pace of urban expansion, the agency warned. UNEP, however, also acknowledged that waste management is one of “the most complex and cost-intensive public services,” tending to absorb large chunks of municipal budgets. Nevertheless, the Director of UNEP’s International Environmental Technology Centre, Matthew Grubb, argued that despite the spectre of a potential global waste crisis hanging over the world’s human and environmental health, the increasing role of waste management also provided an opportunity for establishing “a model area for greening the economy.” “If handled properly, waste management has huge potential to turn problems into solutions and to lead the way towards sustainable development through the recovery and reuse of valuable resources; the creation of new business and employment opportunities, including for the informal sector; reduced emissions of greenhouse gasses from waste management operations, such as landfills; and conversion of waste to energy,” UNEP added in the news release.A 2010 UNEP report showed that, in Northern Europe, recycling one tonne of paper or aluminium saves more than 600 kilograms and 10,000 kilograms of carbon dioxide, respectively. Similarly, a 2009 report by the agency revealed that there is 65 times more gold in one tonne of old mobile phones than in one tonne of ore. “The business case for ‘urban mining’ is clear,” UNEP noted. “Waste matters.” read more