Five suspects who attempted kill wife of an inmate arrested

Five suspects who attempted to kill the wife of an inmate at the Welikada Prison have been arrested.The Police said that the suspects had been arrested by the Police Special Task Force (STF). The Police said that the suspects had in their possession a hand grenade and heroin at the time of the arrest. (Colombo Gazette)

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Shan Wijayalal new Eastern Province Governor

Shan Wijayalal de Silva was earlier a Governor of the Southern Province.He replaced M. L. A. M. Hizbullah as Governor of the Eastern Province. (Colombo Gazette) Shan Wijayalal de Silva was today appointed as the new Governor of the Eastern Province.President Maithripala Sirisena handed over the letter of appointment today.

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Levi Strauss 2Q profit drops on IPO costs revenue rises

SAN FRANCISCO — Levi Strauss & Co. shares slid in late trading Tuesday after the denim company posted worse than expected quarterly results.The San Francisco company said it earned $28.2 million, or 7 cents per share, in the three months ended May 26. That compares with net income of $74.9 million, or 19 cents per share, a year earlier.Earnings in the latest quarter were weighed down by costs related to the company’s initial public offering in March.Revenue rose 5.4% to $1.31 billion in the period. Excluding the effect of currency, revenue was up 9%.On average, analysts surveyed by FactSet forecast quarterly earnings per share of 12 cents on revenue of $1.29 billion.Looking ahead, Levi Strauss slightly raised expectations, saying it now expects fiscal 2019 revenue on a constant currency basis to grow at the high end of a mid-single digit range.Levi Strauss shares dipped nearly more than 6% to $22.20 in extended trading._____Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LEVI at https://www.zacks.com/ap/LEVIThe Associated Press read more

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Security Council urges Taliban to comply with texts ordering bin Laden handover

Speaking to the press following closed-door consultations on the situation in Afghanistan, Council President Ambassador Jean-David Levitte of France offered a succinct account of the Council’s demands. “Today there is one, and only one, message the Security Council has for the Taliban: implement the resolutions of the Security Council, in particular resolution 1333, immediately and unconditionally,” he said. Resolution 1333, adopted on 19 December 2000, tightened sanctions imposed by the Council against the Taliban after Mr. bin Laden was indicted in the United States for the bombings of US embassies in Nairobi and Dar-es-Salaam. The text demands the handover of bin Laden “to appropriate authorities in a country where he has been indicted or to appropriate authorities in a country where he will be returned to such a country, or to appropriate authorities in a country where he will be arrested and effectively brought to justice.” The Council resolution also demanded that the Taliban act swiftly to close all terrorist training camps in territory under the group’s control. read more

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UN health agency supporting global effort to relieve chronic pain

The effort is part of the first Global Day Against Pain, a campaign cosponsored by WHO and organized by the International Association on the Study of Pain (IASP) and the European Federation of the IASP Chapters.New statistics released by the two organizations indicate that one in five people suffer from moderate to severe chronic pain, and that one in three are unable or less able to maintain an independent lifestyle due to their pain. Between one-half and two-thirds of chronic pain sufferers are less able or unable to exercise, enjoy normal sleep, perform household chores, attend social activities, drive a car, walk or have sexual relations. The effect of pain means that one in four persons say that relationships with family and friends are strained or broken.The statistics also reveal that pain is second only to fever as the most common symptom in ambulatory persons with HIV/AIDS. Pain in HIV/AIDS usually involves several sources at once. The causes include tissue injury from inflammation (including autoimmune responses), infection or neoplasia: so-called nociceptive pain. Nearly half of pain in HIV/AIDS is neuropathic, reflecting injury to the nervous systems.Oral morphine has proven to be a cost-effective pain medication for the treatment of moderate to severe pain when the underlying cause is cancer or HIV/AIDS. However, opioid analgesics are not adequately available, particularly in developing countries with limited resources, due to ignorance of their medical use, restrictive regulations and pricing issues.”The majority of those suffering unrelieved pain are in low and middle-income countries where there is an increasing burden of chronic diseases such as cancer and AIDS,” said Dr. Catherine Le Galès-Camus, WHO Assistant Director-General for Noncommunicable Diseases and Mental Health.”Limited health resources should not be allowed to deny sick people and their families the dignity of access to pain relief and palliative care, which are integral to the right to enjoy good health,” she said. read more

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Chryslers best result in 13 years powers Fiats 1Q earnings North American

Chrysler’s best result in 13 years powers Fiat’s 1Q earnings; North American results strong MILAN – Italian carmaker Fiat SpA on Thursday said first-quarter profits more than tripled, thanks to its U.S. partner Chrysler, which posted its best quarter in 13 years while sales in Europe plunged.The automaker, based in the northern Italian city of Turin, reported net profit of €104 million (US$137 million) for the period ending March 31, up from €29 million a year earlier, due to strong North American results and despite losses in Europe.“Given the circumstances in Europe, we’ve had an exceptionally strong quarter,” CEO Sergio Marchionne told an analyst conference call. “To tell you we are satisfied with the performance of the group overall, I think would be a bit of a stretch.”Fiat’s European operations lost €207 million — the only region to post a loss. Fiat’s car registrations in the region plunged 26 per cent to 81,469 units — far outpacing the market’s drop of 6.6 per cent in the quarter, according to the European Automobile Manufacturer’s Association. Fiat sells cars under brands, including Fiat, Lancia, Chrysler and Alfa Romeo.Fiat shares closed down 5 per cent to €3.73.Strong sales at Chrysler, which Fiat controls with a 58.5 per cent stake, helped boost the group’s revenues, which more than doubled to €20 billion from €9 billion in the first quarter of 2010. Chrysler generated €11.3 billion of that revenue.“The fact that Chrysler has had a phenomenally strong quarter has undoubtedly come to help,” Marchionne said.Excluding Chrysler, Fiat’s revenues fell 5.7 per cent due to declining European auto sales. Fiat also suffered a drop in production and deliveries due to a monthlong strike by trailer drivers protesting higher gas prices and government austerity measures. Fiat said the strike caused a loss of about 20,000 units.Marchionne conceded that the European market had “underperformed” the company’s expectations.In all, Fiat sold just over 1 million cars in the quarter, 60 per cent of those by Chrysler in North America.Fiat said it maintained its 2012 targets of €77 billion in revenue and net profit of €1.2 billion to €1.5 billion, despite the absence of any indication that car sales will bounce back in Europe this year.Marchionne confirmed during the conference call that future investments in Italy beyond those already announced would remain on hold until the market improves, and the company said Fiat’s domestic market is expected to register the lowest volumes since 1983 this year.Marchionne also said the Fiat and Chrysler alliance would be open to a partner to help strengthen its position in Asia, which he called “marginal.” But he said no detailed discussions were under way.A late comer to the booming Asian market, Fiat shipped just 25,000 vehicles to the region last year, up from 17,000 a year earlier, registering a trading profit — or earnings before interest, taxes and one-time items — of €77 million.Fiat just announced at the Beijing auto show this month a new sedan for Asia called “Viaggo.” AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by News Staff Posted Apr 26, 2012 2:09 pm MDT read more

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These are the temporary Tetrislike moves being made so the Gardaí can

first_imgTHERE’S A FEW gaps in An Garda Síochána’s command structure at the moment.In normal practice, there’d be a Garda Commissioner in overall charge of the force, and two Deputy Commissioners — one in charge of ‘Operations’ (day-to-day management) and the other heading up ‘Strategy & Change Management’ (longer-term stuff).Before Martin Callinan’s resignation earlier this year, there was just one deputy, however — Noirín O’Sullivan.And since she’s now Acting Commissioner, in effect there’s no-one formally occupying the two next senior roles.That fact’s been hampering plans to hire 28 lower ranked officers — as current rules dictate that in the recruitment process for superintendents and chief superintendents, an interview panel must include at least one Deputy Commissioner.Still with us?Well, in a development yesterday, the Cabinet has agreed to a temporary amendment — allowing assistant commissioners to effectively ‘act up’ as deputy commissioners for the purposes of recruitment, solving the problem for the moment.There are currently four chief superintendent vacancies in the force, and 24 for superintendents.There’s also, obviously, a vacancy for at least one Deputy Commissioner; the Government also signed off on recruitment plans for that role yesterday.The new hire will be looking after the ’Strategy & Change Management’ end of things, as O’Sullivan is still, technically, ‘Operations’ chief.A Justice Department spokesperson said the Interim Commissioner would be making arrangements for the hiring of the 28 superintendents and chief superintendents “as soon as possible”.Regarding the vacant deputy role, she added “arrangements for the filling of the post are in preparation and will be finalised shortly”.Two Assistant Commissioners are currently fulfilling the functions of the Deputy Commissioners in addition to their own day-jobs as the hiring limbo situation continues.Read: These are the judges designate of the Court of Appeal (and three new ones for the High Court)Read: This top civil servant wants to talk about making it easier to sack public sector workerslast_img read more

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Priest stabbed during morning mass in church in Montreal

first_img Friday 22 Mar 2019, 2:23 PM Tweet thisShare on FacebookEmail this article Share63 Tweet Email2 St Joseph’s Oratory of Mount Royal Source: Shutterstock/Ritu Manoj JethaniA PRIEST WAS stabbed during a livestreamed morning mass today at Saint Joseph’s Oratory in Montreal, the largest church in Canada, police said.The suspect was arrested at the Roman Catholic basilica shortly after the attack in front of 50 people and a television audience around 8.40 am (12.40pm Irish time), while priest Claude Grou was taken to hospital.Police told AFP that Grou was “slightly wounded in the upper body” when, according to witnesses cited by authorities, “the suspect suddenly ran up to the priest and attacked him with a knife” while he was officiating the mass.The suspect was due to be interrogated shortly, while the scene has been cordoned off.Church spokeswoman Celine Barbeau said Grou, the church’s rector, “was conscious when he left. We are hopeful he will pull through.”Video of the attack rebroadcast by CTV showed the assailant – a tall man in jeans, a parka and a white baseball cap – chase the priest around the altar and stab him.Grou falls to the ground, but quickly gets back up and backs away as security officers surround the suspect and detain him until police arrive.A witness, Adele Plamondon, told public broadcaster Radio-Canada the priest was about to start reading the gospel, when “this man drew a knife and ran up to stab him.”The suspect “did not shout, didn’t say anything” during the assault, but appeared “very determined,” Plamondon said.- © AFP 2019  By AFP 36 Comments https://jrnl.ie/4555917 Priest stabbed during morning mass in church in Montreal The suspect was arrested at the scene. Mar 22nd 2019, 2:23 PM Short URL 22,315 Views last_img read more

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MPs to approve metro extension

first_imgMPs will have the chance within the next two weeks to approve a contract that would pave the way for the completion of seven new stations on the Athens metro network, Transport Minister Makis Voridis told Kathimerini Tuesday. Voridis is this month due to submit to Parliament the contract for Siemens to supply the signaling equipment that is needed for the stations to be prepared. “I think it is just a matter of days,” he said. “We will present the contract to the relevant parliamentary committee by mid-January at the latest and then Attiko Metro [the firm responsible for constructing the stations] will be able to sign the agreement.” Voridis added that it would not be necessary for all three parties involved in the coalition government to approve the Siemens contract for the project to proceed. This was a softening of the stance he adopted in early December, when he insisted that cross-party support was a prerequisite for the scheme. The extension of metro lines 2 and 3 had been held up since 2008 because successive governments were unwilling to sign the 45-million-euro contract with Siemens after the firm’s Greek branch was accused of paying bribes in the past to politicians and state officials to secure contracts. The seven stations – three on Line 3 of the metro system (Peristeri, Anthoupoli and Haidari) and four on Line 2 (Ilioupoli, Alimos, Argyroupoli and Elliniko) – were due to open to the public last summer but may not even be available to commuters this year. Attiko Metro officials said it would take about eight months to complete the Line 1 extension from the day the signaling contract is signed. The Line 2 extension would take a year, they said. Voridis appeared confident Greece would meet the deadlines set by the European Union, which is co-funding the project. “I think we will be within the deadline,” he said. If the targets are not met, the EU could withdraw up to 463 million euros of funding. Source: Kathimerini Facebook Twitter: @NeosKosmos Instagramlast_img read more

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Bale We still have things to improve

first_imgGareth Bale has conceded that it will take time for Real Madrid to properly adapt to new head coach Julen Lopetegui’s methods, but insists that improvement is a mustThe 13-time European champions defeated AS Roma in Wednesday morning’s final pre-season friendly of their US tour at New Jersey and have now returned to Spain to continue with their preparations for the new season.This summer has overseen many big changes at Real mainly in the shock departures of former coach Zinedine Zidane and star man Cristiano Ronaldo.Lopetegui has been brought in by Real president Florentino Perez to replace Zidane, although the Spaniard is yet to sign anyone that could potentially compensate for the loss of Ronaldo.But, despite losing to Manchester United in the first game of their US tour, things have gone well under Lopetegui’s leadership with wins over Italian giants Juventus and Roma recently.Although Bale, who scored an eye-catching equaliser against Juventus and netted the match-winning goal against Roma, insists that Real is far from the finished product under Lopetegui and that it will take time.“It’s always difficult,” Bale told Real Madrid TV, via AS.“The new coach is here with his new ideas and we still have things to improve.“It’s never easy to play with a new coach, but in attack we’re fine.“We do what the coach wants, scoring goals, winning games.Sergio Ramos, Real MadridZidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.“We want to start the new season.”??? ¡El equipo ya está en Madrid! #HalaMadrid pic.twitter.com/7579iA7t3D— Real Madrid C.F. (@realmadrid) August 8, 2018Midfielder Dani Ceballos admitted that Lopetegui has a different approach to that of Zidane’s altogether.But the Spaniard backed Real’s new front three line of Karim Benzema, Marco Asensio and Bale to compensate well for the loss of Ronaldo.“We are playing differently, with another type of passing and longer positions,” said Ceballos. “That is what the coach has asked of us from the first day.“This Madrid has a goal, Bale is plugged in, Karim is there, and Marco. He [Lopetegui] is not going to notice the absence of Cristiano.”Real will next face AC Milan at home on Saturday.last_img read more

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34 too tired from work to enjoy life outside of it

first_imgOver a third (34%) of respondents are too tired to enjoy life outside of work as a result of their job, according to research by communications consultancy Lansons.Its Britain at work report, which is based on two surveys conducted by Opinium with 2,003 and 2,008 UK employees, found that this dropped to 27% among those aged 55 and over.There is little difference between the genders, with 34% of female respondents and 33% of male respondents reporting that their work means they are too tired to enjoy their free time.The research also found:Health and wellbeing28% of respondents work one to two hours past their set working time each day, while 50% put in average overtime of one hour or less.Those in the education industry are most likely to work past their standard daily working hours, with 19% of respondents in the sector always working beyond their set hours.1.36 hours is the average length of time that London-based respondents who work past their set hours put in.Around half (51%) of those working for large organisations say their employer is supportive of staff coping with mental health issues.61% of respondents at large organisations say their employer is supportive of those with physical disabilities.Reward and recognitionAlmost half (47%) of respondents say they feel valued at work, while 52% say they feel respected.55% received a pay rise over the last 12 months and 34% received a bonus.Less than half (44%) of respondents think they are paid fairly.Employee attitudes towards their organisationLess than half (48%) of respondents are proud of where they work.34% say they do not feel a great sense of loyalty to the organisation they work for.Just one in ten (10%) of respondents are very likely to recommend their employer to others.39% say they would leave their organisation tomorrow if they had another job to go to.Scott McKenzie (pictured), director of change and employee engagement at Lansons, said: “We are still working very long hours, giving away almost a whole working day per week. And yet our productivity does not match up to that additional time we’re spending at work. “There is surely a virtuous circle in taking steps to improve the work-life balance of UK workers, while at the same time ensuring a sustainable and more productive working environment.“We would strongly recommend that UK employers take the necessary steps to ensure there is an open dialogue to ensure that problems can be addressed before they reach boiling point.”last_img read more

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Protest against North Dakota pipeline held in Fort Lauderdale

first_img Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. FORT LAUDERDALE, FLA. (WSVN) – Peaceful demonstrations against an oil pipeline in North Dakota caused major traffic trouble in Fort Lauderdale, Friday night.More than 100 people chanted “water is life” as they blocked city streets. The crowd marched along Broward Boulevard and Andrews Avenue to Northwest 4th Avenue.Among the participants were members of the Seminole tribe out to support the Native American protesters trying to block further construction of the controversial pipeline.“In Standing Rock, in North Dakota, they’re fighting for clean water on their treaty land,” said protester Lena Young. “They’re trying to build a pipeline, called the Dakota Access pipeline, that will run one mile away from the Stand Rock Sioux Tribe Reservation, and it will poison their water.”For weeks, hundreds of people have been standing their ground in North Dakota and clashing with police. There appears to be no end in sight for the demonstrations there.The Obama administration said it wants to conduct more environmental studies and get more tribal input.President-elect Donald Trump has said he supports the pipeline. last_img read more

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Special pujas mark Tholi Ekadasi day in Bhadrachalam

first_imgBhadrachalam: On account of Tholi Ekadasi day on Friday, a large number of devotees thronged the Lord Rama temple in Bhadrachalam and offered prayers. Since morning, a heavy rush was witnessed in queue lines. Meanwhile, on the day, the priests performed a special abhishekam and the pujas to the deities in the sanctum sanctorum. The priests also performed the celestial wedding which was witnessed by a large number of couples.On the day, a devotee, R Sai Sandeep, from East Godavari of neighbouring Andhra Pradesh donated Rs 1 lakh towards the temple’s Annadanam (mass feeding programme). He handed over the cheque to temple superintendent K Srinivas.last_img read more

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Paytm delays launch of its payments bank business

first_imgMobile payment services and e-commerce firm Paytm has delayed the launch of its payments bank operations to the second half of 2016.”The launch will happen only after June and not before that,” Mint quoted Paytm founder Vijay Shekhar Sharma as saying on the sidelines of the Nasscom India Leadership Forum in Mumbai.Sharma said the company has “underestimated a lot of things” in commencing payments bank services.”By March first week, we will announce the top leadership team of the payments bank vertical,” said Sharma.He said Paytm would gain an “edge” over others in the segment as it already has a strong foothold in the payment business.”We believe we have an edge, having built dominance in payments. We think we can lead there and continue to get most of the payment business,” he said.Paytm will have its banking headquarters in Noida (NCR), next to New Delhi, and plans to set up 20 branches for the payments bank.The company has rolled out an internal project named “Project Pokhran” to recruit people and set up offices for payments bank services. Global consultants EY (Ernst & Young) and McKinsey are the advisers to the company for its new business.In August last year, Vijay Shekhar Sharma, founder and chief executive of One97 Communication, which owns Paytm, was among the 11 applicants to receive “in-principle” approval by the Reserve Bank of India to open payments banks.A payments bank can accept cash deposits, permit remittances and roll out “simple financial products”. It can accept savings deposits up to Rs 1 lakh from a customer, but a payments bank is not allowed to lend to customers, like commercial banks do.last_img read more

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Please understand Satoru Iwatas noble Nintendo legacy

first_imgThe sudden death of Nintendo of Japan’s president Satoru Iwata shocked the gaming world. Nintendo’s loss has spread a vague malaise across gamers, especially fans of Nintendo, and it wasn’t just because Iwata passed at the young age of 55. This malaise isn’t because the president of Nintendo died, but because this president of Nintendo died.There are  many complaints you can (and I have) leveled against Nintendo. They’re valid issues with the company’s attitudes on now-modern game features, connectivity, and distribution. However, as flawed as Nintendo’s strategy has been, it came from a far different place than the usual source of game publisher outrage. Nintendo’s tendency to lag behind competitors in terms of power and online features mixed with its overprotectiveness of young gamers are disagreeable to me, but they aren’t egregious or malicious. They aren’t the decisions of a greedy company willing to completely screw over its customers. They’re the decisions of a misguided company.I deeply respect that, and what Iwata did as president of Nintendo, even if I deeply disagree with some of it. That respect and disagreement can be summarized in a phrase that became a running joke with Iwata: “Please understand.” Specifically, a quote from a GameSpy interview of Iwata in 2004:Please understand, I am not saying that technology is unimportant. I understand that technology is important. But if we are just focusing on technology and investing in an IT manufacturing plant to come up with higher performance processing [chips], we will not succeed. With the Wii U as Nintendo’s first 1080p-capable system a full generation after Microsoft and Sony made the jump to high-def, and a general sense over the last decade that Nintendo has simply accepted underpowered hardware compared with the competition, this can be seen as one of the causes of Nintendo’s difficulties. It’s also the attitude that has kept Nintendo as Nintendo, not acting like every other major console maker and publisher. The emphasis has been not on power, but on fun.Please understand, fun is the most important thing in a video game. It doesn’t matter how powerful your hardware is, it doesn’t matter how advanced your graphics are, it doesn’t matter how many features you add. What matters is if it’s fun. If you don’t believe that’s the case, look at The Order: 1886. It’s one of the most visually stunning games on the PlayStation 4, but also one of the most forgettable.Whether it’s a (very rare) new concept like Splatoon or a well-worn Mario or Zelda game, Nintendo has focused on making its games fun. And, for all the complaints about missing features and extremely dated online experiences, Nintendo has succeeded on the fun front under Iwata’s watch. It has made games that are fun. It applies to new and old ideas alike; you can complain about Mario Kart 8 being just another Mario Kart, and Super Mario 3D World being just another 3D Mario game, but the general consensus isn’t that they’re not fun.Sony, Microsoft, EA, Activision, Ubisoft, and almost all of the big publishers have put so much focus on spectacle. It’s about making games bigger, with more advanced graphics and more jaw-dropping set pieces. It hasn’t only been about making games more fun. You can enjoy Halo, Call of Duty, Assassin’s Creed, and all of those games, but they’re played so seriously and with such a strict focus on being cinematic that there isn’t much of a sense that they’re made simply to be fun. Sometimes fun shines through and publishers and developers get playful, but all of the big titles still focus mostly on making huge worlds and complex graphics above anything else.Nintendo didn’t do that under Iwata, and while it held Nintendo back on a technical level, it also meant Nintendo put out consistently good games at a much better rate than other publishers with blatantly annualized series and scowling space marine faces. Even when a new Pokémon game released and everyone knew it would be structurally identical to the very first Pokémon game, it was still always fun. That attitude came from Iwata, who said;On my business card, I am a corporate president. In my mind, I am a game developer. But in my heart, I am a gamer. Satoru Iwata didn’t act like an ordinary corporate president or CEO. He acted like someone who loved video games and wanted to keep Nintendo making video games he could love. He started as a developer, and worked on Balloon Fight, Earthbound, Kirby, and Pokémon. He didn’t cave to every fad and trend in the game industry. He didn’t push for appealing bullet points like power and effects at the cost of how fun a game was. And in 2014, when Nintendo posted a significant loss, he cut his own pay in half to hold himself and the board — not Nintendo’s developers and engineers — accountable for those numbers.You can disagree with Iwata’s decisions, but you can’t say he didn’t love video games. He was personally invested in video games as soneone who developed them and loved them. His role for several years might have been as Nintendo’s top “suit,” but he wasn’t the average suit. He wasn’t an executive brought in from a similar role in a completely different industry to maximize sales. He wasn’t a sales guy, or an ad guy, or a bottom-line-at-all-costs guy. He was a genuine video game lover who knew what was important both on the development and playing sides.When Satoru Iwata said “please understand,” it sounded like an excuse, and it became a gag. It wasn’t — at least not entirely. Executives of all companies make excuses and pay lip service to complaints, and they often mean none of it. They’re statements to put out because that’s what you do in that role, and everyone knows they mean nothing. Every time Iwata said “please understand,” it was followed by an honest explanation of why Nintendo did something. It wasn’t “Please understand I’ll say anything to shut you up,” because it usually didn’t. It was “Please understand this is why we’re doing this, even if you’re not happy with it.” Underneath the soft-spoken Japanese propriety, it came from a rare sort of earnestness.Iwata wasn’t just a suit, and even if you thought his decisions were misguided or wrongheaded, they still came from a place of love for the medium, from someone who spent most of his career developing for that medium. It’s a legacy that deserves respect, regardless of your opinions about Nintendo.last_img read more

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Qantas makes prudent changes to fleet

first_imgIn a bid to turn international profits around, the Australian flag carrier has announced the cancellation of up to 35 Boeing 787-9 aircraft deliveries as part of a major fleet restructure that aims to reduce the airline’s expenditure.The announcement comes alongside news of the carrier’s $244 million statutory loss in profits after tax for the full financial year 2011/12 and will see the airline cancel the 35 aircraft while retaining and moving forward the delivery date of 50 Boeing 787-9 by almost two years.The delivery of 15 Boeing 787-8 aircraft to Jetstar would also remain in place and would enable the transfer of A330 aircraft from its low-cost subsidiary to Qantas domestic and to the eventual retire of Qantas’ Boeing 767 fleet.The airline Group’s chief executive Alan Joyce described the cancellation of aircraft deliveries as a “prudent decision” and expects changes to result in a total cash inflow of up to US$433 million in 2012/13 as well as a net impact of underlying profits before tax of up to US$140 during the first half of 2012/13.“The B787 is an excellent aircraft and remains an important part of our future,” Mr Joyce said. “However, circumstances have changed significantly since our order several years ago.“It is vital that we allocate capital carefully across all parts of the Group.”Mr Joyce added at a press conference in Sydney that the airline’s focus on maintaining a “younger fleet” would be “more efficient, attractive to customers, and internationally competitive”.Earlier today the airline also announced it has experienced a statutory loss after tax of $244 million for the full financial year 2011/12 which resulted in an underlying profit before tax of $95 million.Click here for more information. Source = e-Travel Blackboard: N.Jlast_img read more

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First NIKI flight welcomed at Larnaca Full story

first_imgTHE first scheduled NIKI service from Vienna to Larnaca airport touched down in Cyprus on Friday.The Austrian airline, part of the airberlin group, will initially offer two weekly services from Vienna to Cyprus. A third weekly service departing every Wednesday will be added on 7 May 2014.Before then, visitors from Cyprus can also fly from Larnaca to Vienna directly on Mondays and Fridays leaving at 15.25 and landing in Vienna at 17.40. The flight from Vienna International Airport to Larnaca takes off at 10.50 and arrives at 14.45 on those days.The new route is aligned to the airberlin schedule, offering travellers from Cyprus optimal connections to the German group’s international network. Onward flights to Berlin, Düsseldorf, Hamburg, Hanover, Munich and Nuremberg are available with attractive layover times. Furthermore, connections to Milan, Moscow, Zurich and New York among others are also available.“Vienna is an attractive destination for business and leisure travellers. The new nonstop service opens the door to even more connecting flights between Cyprus and a range of German and European cities. NIKI and airberlin’s excellent quality of service attractive fares have allowed the airlines to claim market leadership on routes between Germany and Austria,” said airberlin Area Manager Southern Europe, Susanna Sciacovelli.Chief Executive Officer of Hermes Airports, Wes Porter said: “We welcome NIKI to Cyprus and we are delighted that Larnaca has been added to the NIKI route network. NIKI’s affordable fares, convenient flight schedule and excellent service will ensure the success of the Larnaca to Vienna route. Access to NIKI and airberlin’s extensive route network via NIKI’s Vienna will give the travelling public wider access to a range of destinations”.Hermes Airports welcomed the first guests arriving at Larnaca from Vienna with a traditional water salute.Direct flights from Cyprus can be booked with travel agents or on flyniki.com from €248 return.    You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoGundry MD PrebioThrive Probiotic SupplementCardiologist: This Is What Happens To Your Body When You Eat GlutenGundry MD PrebioThrive Probiotic SupplementUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

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Coop staff seek up to €200000 each in retirement pay

first_imgBank workers who opt for voluntary retirement from the Co-operative bank want anywhere between €100,000 to €200,000 according to a circular which emerged on Wednesday.The documented had been distributed by the bank workers’ union Etyk, a day earlier, to their members over Co-op’s sale to Hellenic Bank.Etyk discussed the matter with Co-op bosses and, according to the circular, outlined the voluntary scheme had to be attractive to all members, stipulating the union would not accept any forced layoffs.About 1,100 of Co-op’s 2,650 staff will go to Hellenic while another 900 will have to retire through a voluntary retirement scheme.During the meeting, Co-op’s managers were advised by Etyk that the voluntary scheme must offer at least €100,000 as compensation to staff and a maximum of €200,000 so that low-wage earners at the Co-op can benefit too and everyone can have five annual salaries.Etyk also said all of Altamira’s local staff – the Spanish non-performing loan specialist which has been cooperating with the Co-op since last year – should be able to work at the bank if they wish to and be allowed to transfer to the Hellenic Bank.The circular outlined that Co-op’s management was going to study Etyk’s views and come back with an answer within the next few days.Etyk sought to ensure their members they would do everything in their power to protect their interests. You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSmart Tips DailySeniors With No Life Insurance May Get A $250,000 Policy If They Do ThisSmart Tips DailyUndo Concern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’Undoby Taboolaby Taboolalast_img read more

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