RWE embarks on asset sales and investment cuts

RWE embarks on asset sales and investment cuts

first_img Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Share KCS-content Thursday 24 February 2011 8:10 pm Tags: NULL whatsapp RWE embarks on asset sales and investment cuts GERMANY’S RWE, Europe’s fifth-largest utility, said it will cut investments and sell assets to counter a worsening outlook for profits in the coming year after the 2010 result beat expectations.The power provider is now forecasting operating profit will drop 20 per cent this year to €6.16bn (£5.24bn), more than the 16 per cent decline predicted by an analyst poll.“The company is preparing for a difficult market environment,” RWE said yesterday. “We are rolling up our sleeves.”The largest emitter of carbon dioxide in Europe predicted its operating profit would be at €5bn in 2013, when it will have to fully pay for emission certificates.That is almost 30 per cent less than it previously predicted and 20 per cent less than what analysts expect.RWE said operating earnings in 2010 had risen eight per cent to €7.7bn, more than the €7.5bn expected. whatsapp Show Comments ▼last_img read more

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Barclays Bank of Zimbabwe Limited (BARC.zw) HY2018 Interim Report

first_imgFirst Capital Bank Limited (FCA.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2018 interim results for the half year.For more information about First Capital Bank Limited (FCA.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the First Capital Bank Limited (FCA.zw) company page on AfricanFinancials.Document: First Capital Bank Limited (FCA.zw)  2018 interim results for the half year.Company ProfileFirst Capital Bank Limited (formerly Barclays Bank of Zimbabwe) was founded in 1912 and is an iconic institution in the local banking sector; operating across the full spectrum of retail and business banking, and corporate and investment banking with 38 branches nationwide. In addition to mainstream financial products, First Capital Bank offers motor, home, travel, business and personal insurance services. After more than a century operating under its parent company, Barclays plc has sold its majority stake in Barclays Bank of Zimbabwe to FMB Capital Holdings, the Mauritius based holding company, that has banking operations in Botswana, Malawi, Mozambique and Zambia. FMB Capital Holdings is listed on the Malawi Stock Exchange. First Capital Bank Limited is listed on the Zimbabwe Stock Exchangelast_img read more

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Mwalimu Commercial Bank Plc (MCB.tz) HY2019 Interim Report

first_imgMwalimu Commercial Bank Plc (MCB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2019 interim results for the half year.For more information about Mwalimu Commercial Bank Plc (MCB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Mwalimu Commercial Bank Plc (MCB.tz) company page on AfricanFinancials.Document: Mwalimu Commercial Bank Plc (MCB.tz)  2019 interim results for the half year.Company ProfileMwalimu Community Bank Limited (MCB) is a commercial bank which is wholly-owned and promoted by an umbrella trade union of teachers in Tanzania. Tanzania Teacher’s Union (TTU) is a trade union established under the Employment and Labour Relations Act 2004. There are over 200 000 members across all regions in the country. MCB meets an important need to provide affordable and accessible banking products and services to teachers in Tanzania. MCB offers a diverse range of products and services geared to empower teachers and other civil servants to improve their living conditions and transform their lives. Mwalimu Community Bank Limited is listed on the Dar es Salaam Stock Exchangelast_img read more

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Western Force Returns After Super Rugby Axing

first_img Western Force Returns After Super Rugby AxingBillionaire mining businessman Andrew Forrest, has announced the Western Force will return in a series of seven invitational matches known as World Series Rugby.After being axed from Super Rugby there was concern the club would not get any significant competition before the National Rugby Championship (NRC) starts later on this year.The NRC is the third-tier competition in Australia, where the Western Force will replace Perth Spirit.So to get prepared, the Force will play in seven matches including contests against international sides like Fiji and Samoa, along with bouts against Super Rugby sides, the Crusaders and Melbourne Rebels.“We have rebuilt the Western Force as we develop our tournament and we now have a wholly integrated community and high-performance club as the foundation of the future competition,” Forrest said.“We have serious ambitions for this great team and for rugby in our region and intend to see these ambitions through, starting today with the launch of World Series Rugby.”Announcement: Andrew Forrest announces the new Series (Getty Images)Western Force legend Matt Hodgson had this to say on the new World Series: “This series offers a strong future for rugby in Western Australia. The Western Force are a quality outfit that have attracted interest from some of the best teams in our region.“These matches are going to be fast and exciting and will offer a new experience for rugby fans in WA and across the Asia Pacific region.”Jacque Fourie ReturnsOf course, due to the axing, the Force lost some notable players to Super Rugby sides. For example Wallaby Adam Coleman has switched to become the captain of the Melbourne Rebels. Force: The Force returns in 2018, with Jacque Fourie named in the squad (Getty Images) The Western Force, removed from Super Rugby before this season, will return in a series of invitational matches, known as World Series Rugby. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALScenter_img Aj Alatimu, Chris Alcock, Marcel Brache, Masivesi Dakuwaqa, Rod Davies, Andrew Deegan, Tevin Ferris, Jaque Fourie, Josh Furno, Peter Grant, Chris Heiberg, Rodney Iona, Feleti Kaitu’u, Brad Lacey, Kieran Longbottom, Ryan Louwrens, Cameron Orr, Harrison Orr, Leon Power, Ian Prior, Harry Scoble, Tom Sheminant, Brynard Stander, Elliot Turner, Clay Uyen, Fergus Lee WarnerDon’t forget to follow Rugby World on Facebook, and Twitter. The Western Force announced their squad alongside the fixture list, and there are some interesting additions. Chief among which is the return of 72-cap Springbok Jacque Fourie.Coming back from retirement, Fourie will give unquestionable experience and know-how to a team that desperately needs it.Return: Fourie will come back from retirement to play for the Force (Getty Images)Some other notable inclusions are Italy international Josh Furno, ex-Saracens player Kieran Longbottom, and Olympic Golf medalist Masivesi ‘Ro’ Dakuwaqa – who after winning Sevens gold with Fiji in the 2016 Rio Olympics, tried his hands at league with Canberra Raiders.Additionally, Peter Grant returns to the squad after a distinguished career with the Stormers.“The squad has an important spread of youth and experience and we are delighted that the players have committed to the club,” new Force coach Tim Sampson said.“The players have joined from many different clubs throughout Australia and internationally, so it is fantastic that we have players like Ian Prior, Peter Grant and Marcel Brache and others who have been with the Western Force previously.”The Force kick-off World Series Rugby against Fiji on May 4 with their final game coming on August 17 against a team yet to be announced. The games against the Rebels and Crusaders will be played in June while Super Rugby pauses for the Test window.Full Squad last_img read more

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UN human rights commission urged to sanction Iran

first_img Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists to go further IranMiddle East – North Africa March 15, 2005 – Updated on January 20, 2016 UN human rights commission urged to sanction Iran IranMiddle East – North Africa After Hengameh Shahidi’s pardon, RSF asks Supreme Leader to free all imprisoned journalists News March 18, 2021 Find out more Organisation Help by sharing this information Newscenter_img RSF_en Follow the news on Iran Iran: Press freedom violations recounted in real time January 2020 Reporters Without Borders said today it was “essential” that sanctions against Iran are adopted without delay by the UN Commission on Human Rights, which began its annual session yesterday in Geneva.”After 19 years of successive condemnations, Iran has slipped through the commission’s net since 2001 on the grounds that the European Union is engaged in a dialogue with Tehran, but violations of free expression and the physical integrity of journalists have been continuing,” the press freedom organization said.”The human rights commission must defend journalists who are censored, threatened, arbitrarily detained, mistreated and sometimes tortured in Iran for doing their job,” Reporters Without Borders added.Relatives of Iranian journalists who have been the victim of repression will demonstrate today into Geneva to demand the justice they have so far failed to obtain, although they complained to international judicial bodies three years ago. The relatives of journalists Darioush and Paravaneh Forouhar, Mohammad Mokhtari, Mohammad Jafar Pouyandeh and Pirouz Davani, as well as relatives of human rights lawyer Nasser Zarafshan, will be among those participating in the protest, which is supported by Reporters Without Borders.More than 10 newspapers have been temporarily suspended or closed down altogether and at least 60 journalists have been summoned for questioning since the human rights commission’s last session in March 2004. Many of these journalist have been the victim of “white torture” in prison, in which they are put in solitary confinement for several months and subjected to interrogation sessions in which the soles of their feet are sometimes beaten with wire. With 13 journalists and bloggers currently detained, Iran is the Middle East’s biggest prison for the press.Iran agreed in 2002 to accept visits from UN working groups but so far only two have been able to go. A working group on arbitrary detention visited Iran from 15 to 27 February 2003, while one on free expression visited from 4 to 10 November 2004.The rapporteurs of the two groups reported: “a deterioration in the situation of freedom of expression in Iran, with a growing number of newspapers closed and journalists imprisoned, often beyond the legal limit for provisional detention. The systematic repression of all critical opinion as regards the regime’s political or religious institutions has installed a climate of fear leading to self-censorship and, in particular, the rapporteurs have observed the use of arbitrary procedures by the judicial institutions violating the most basic rights of defendants, who are tried in secret hearings without a lawyer being present.”The rapporteurs also noted “very harsh prison conditions, including long periods in solitary confinement, that are equivalent to torture.”No measures have been adopted two years after the reports of these working groups were published. News June 9, 2021 Find out more Receive email alerts February 25, 2021 Find out more Newslast_img read more

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Fed’s Beige Book Builds Case for Further Rate Hikes

first_imgHome / Daily Dose / Fed’s Beige Book Builds Case for Further Rate Hikes March 8, 2018 1,763 Views Fed’s Beige Book Builds Case for Further Rate Hikes  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: David Whartoncenter_img Previous: Could Housing Construction Momentum Take a Hit? Next: These Are the Most Dangerous U.S. Cities Beige Book Fed Federal Open Market Committee Federal Reserve FOMC Inflation Interest rates Summary of Commentary on Current Economic Conditions tariffs 2018-03-08 David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, Headlines, Journal, News Tagged with: Beige Book Fed Federal Open Market Committee Federal Reserve FOMC Inflation Interest rates Summary of Commentary on Current Economic Conditions tariffs On Wednesday, the Federal Reserve released its latest edition of the Summary of Commentary on Current Economic Conditions, more commonly known as the Beige Book. The Book is published in advance of each meeting of the Federal Open Market Committee, which is due to convene March 20-21. The U.S. central bank’s latest report found wages increasing in many areas, bolstering the argument for further interest rate hikes that are seen as inevitable throughout 2018 by many analysts.This installment of the Beige Book was compiled by the Federal Reserve Bank of San Francisco, based on information culled from each of the bank’s 12 districts on or before Feb. 26, 2018. The Fed’s assessment of overall economic activity in January and February remained mostly in line with the previous Beige Book, expanding at a “modest to moderate” pace. The report also noted “moderate inflation” in most areas.“Across the country, contacts observed persistent labor market tightness and brisk demand for qualified workers, as well as increased activity at staffing placement services,” the report, released stated. “Most districts saw employers raise wages and expand benefit packages in response to tight labor market conditions.”The Fed’s outlook in this latest Beige Book looks likely to keep the central bank on course for several more interest rate hikes throughout 2018. The Fed previously raised their benchmark interest rate to a range of 1.25 percent to 1.5 percent during the December 2017 FOMC meeting.The Beige Book also noted a “marked increase” in steel prices in four of the Fed’s 12 districts. According to the Beige Book, this is likely due to less foreign competition. It’s worth noting, however, in light of President Trump’s decision Thursday to impose a 25 percent import tariff on foreign steel and a 10 percent tariff on foreign aluminum.These tariffs were opposed by many housing industry experts and organizations, including the National Association of Realtors (NAR), owing to fears that they could spark an international trade war and have a negative impact on the housing market. NAR Chief Economist Lawrence Yun said in a statement, “Tariffs could measurably raise the cost of building materials and hinder home construction of affordable homes.” Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

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Letter Petition To Allahabad HC Chief Justice Seeks To Address Issues Relating To E-filing [Read Letter]

first_imgNews UpdatesLetter Petition To Allahabad HC Chief Justice Seeks To Address Issues Relating To E-filing [Read Letter] Radhika Roy3 May 2020 7:34 AMShare This – xA letter-petition has been sent to the Chief Justice of the Allahabad High Court, seeking for directions to issue a Standard Operating Procedure (SOP) for the HC as well as the Subordinate Courts with respect to matters concerning issues which revolve around the process of e-filing. The Representation/PIL, sent by Advocate Syed Mohammad Haider, states that the process of e-hearing…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA letter-petition has been sent to the Chief Justice of the Allahabad High Court, seeking for directions to issue a Standard Operating Procedure (SOP) for the HC as well as the Subordinate Courts with respect to matters concerning issues which revolve around the process of e-filing. The Representation/PIL, sent by Advocate Syed Mohammad Haider, states that the process of e-hearing of urgent petitions, though intended to provide respite to litigants who had been prejudiced by State action or any other cogent reason, is currently unable to “cater to the requirement of the lawyers as well as the litigants for many reasons which need the kind consideration of the Court”. As the possibility of returning to the conventional system of filing and hearing of cases seems distant, at least for the coming few months, the PIL contends that an SOP must be devised to clarify and simplify the process of e-filing and e-hearing. The PIL raises the following questions/suggestions and seeks the indulgence of the Allahabad High Court to issue directions on the same: “1. How does a lawyer, who has filed a petition online, in terms of the guidelines circulated, be confident that his petition has actually been received at the given mail id? Why can’t there be an automated reply from the very same id that the mail with attachment has been received? 2. Who operates the mail ID of the HC filing? Is it the joint registrar listing /any other judicial officer or Clerk? The details, contact numbers and mail IDs of all such authorities be made available on the Website of the High Court. 3. How is it ensured that the clerk dealing with e-filing does not delete a particular lawyer’s mail? What is the mechanism to ensure that this does not happen? 4. What is the standard SOP for the e-filing of petitions in High Court and what shall be the process for the Subordinate Courts which account for the majority of litigation? 5. What is the capacity of the High Court’s mailbox for e-filing? Is it secured ? And what does one do when the mailbox becomes full and the mail bounces? Who is authorized to delete the mails and at what frequency? Is there a way to archive the mails ? 6. At what frequency is the matter placed before the Senior Judge/Bench? Is it immediately at the time of filing the petition or at some fixed intervals? Who is authorized to take a call on this and decide whether the matter is to be placed before the Hon’ble Court immediately/ Later on or not to be placed? 7. Why can’t there be a similar process of hearing for lower courts where thousands are still languishing without hearing, even for petty offences? Why can’t there be an e-hearing there as well? The Lower Courts need to have a separate room, preferably in the Bar where the computers with a proper internet connection with proper bandwidth and camera and sound system be put in place, well sanitized, where the Lawyers who do not have the personal computers/ android systems be facilitated to appear and argue their matters before the designated courts for the purpose, after following the Covid-19 Protocols. 8. In order to ensure transparency and accountability, the High Court must publish a daily dashboard of petitions received on its website and share the details of defects (if any) so that the lawyers and litigants can at-least know that their matters are filed, cure the defects and proceed with the matter. 9. I would also strongly recommend that the Hon’ble High Court must appoint amicus for all the District Courts amongst those lawyers who are aware of the use of computer applications and e-process, who could volunteer to visit and educate their fellow lawyers into the nuances and process for use of technology into litigation. This may involve visit, creation of mail IDs of Lawyers and educating them adapt to the changing circumstances, which is going to be the way ahead for this noble profession which impacts the Society at large.” The PIL ends on the note of seeking the attention of the High Court and for the passing of necessary instructions in the larger interest of the citizenry of the State. Click Here To Download Letter[Read Letter] Next Storylast_img read more

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All You Want To Know About CBSE’s Assessment Scheme For Class X & XII As Accepted by Supreme Court

first_imgNews UpdatesAll You Want To Know About CBSE’s Assessment Scheme For Class X & XII As Accepted by Supreme Court Akshita Saxena26 Jun 2020 12:41 AMShare This – xThe Central Board of Secondary Examination on Friday informed the Supreme Court that instead of conducting final examination for students of Class X and XII, it will evaluate the students on the basis of an Assessment Scheme. The draft notification for this Scheme was accepted by the Supreme Court today, while disposing of a batch of petitions filed by a group of parents who…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Central Board of Secondary Examination on Friday informed the Supreme Court that instead of conducting final examination for students of Class X and XII, it will evaluate the students on the basis of an Assessment Scheme. The draft notification for this Scheme was accepted by the Supreme Court today, while disposing of a batch of petitions filed by a group of parents who challenged the CBSE move to conduct the remaining board exams in July. SC Accepts CBSE Notification Cancelling Examinations As per the draft notification, performance of students will be assessed on the basis of the Assessment Scheme, and Results based on the same will be declared by July 15, 2020. No Examination for Class X The Board has informed that there will be no further exams for students of Class X. “For candidates in class X, no further examinations will be conducted and the result declared by CBSE on the basis of assessment scheme will be treated as final,” the notification states. Optional Examination for Class XII So far as students of Class XII are concerned, the Board has decided that students who have completed all their examinations, their results will be declared based on their performance in the examinations. However, for the subjects whose examinations were scheduled to be conducted from 1 July to 15 July, 2020, CBSE will conduct an “optional examination” as soon as conditions are conducive. It is clarified that Candidates whose results will be declared based on the assessment scheme will be allowed to appear in these optional examinations to improve their performance, if they wish so. However, the marks obtained by a candidate in these optional examinations will be treated as final for those who have opted to take these examinations. Assessment Scheme The Scheme, as suggested by the “Competent Committee” of CBSE stipulates: For students who have completed all their examinations, their results will be declared based on their performance in the examinations. (Applicable to students of both classes-X and XII)For students who have appeared in the examinations in “more than 3 subjects”, the average of the marks obtained in best three performing subjects will be awarded in the subjects whose examinations have not been conducted.For students who have appeared in the examinations in “only 3 subjects”, the average of the marks obtained in the best two performing subjects will be awarded in the subjects whose examinations have not been conducted.For students who have appeared in the examinations in only 1 or 2 subjects (mainly from Delhi), their results will be declared based on performance in the appeared subjects and performance in internal/ practical/ project assessment. These students will also be allowed to appear in the Optional examinations conducted by CBSE to improve their performance, if they desire to do so. Result of these students will also be declared along with other students. Click Here To Download Scheme Read Scheme Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

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Donegal families struggling to keep children in third level – SVP

first_imgThere’s been an increase in Donegal families contacting Saint Vincent de Paul who are struggling to access and keep their children in third level education. The lead up to Christmas is a traditionally busy time for the charity with local communities praised for donating and helping Saint Vincent De Paul in their annual appeal.However, there’s been an upward trend this in parents who are finding it difficult to fund their children in college.Regional President of SVP North West Rosa Glackin says it’s a big concern in the region:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/12/glackin1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp Donegal families struggling to keep children in third level – SVP By News Highland – December 14, 2020 Twitter Google+ Harps come back to win in Waterford Pinterest WhatsApp DL Debate – 24/05/21 Twitter Google+center_img Journey home will be easier – Paul Hegarty Facebook AudioHomepage BannerNews RELATED ARTICLESMORE FROM AUTHOR Facebook FT Report: Derry City 2 St Pats 2 Pinterest Previous articleDonegal and Derry will host conventions this eveningNext articleMinister discusses possibility of bringing rail back to Donegal News Highland News, Sport and Obituaries on Monday May 24th Derry draw with Pats: Higgins & Thomson Reaction last_img read more

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250 new jobs announced for Derry

first_img Twitter Google+ FT Report: Derry City 2 St Pats 2 Derry draw with Pats: Higgins & Thomson Reaction Important message for people attending LUH’s INR clinic Facebook Facebook 250 new jobs announced for Derry Another 250 jobs have been announced for Derry, this time by Alchemy Technology, a tech consultancy firm.Local MP Elisha Mc Callion says the company is establishing a new centre of excellence in the city, describing it as a great boost to the city and the wider north west region.The project has had input from Derry City & Strabane District Council, North West Institute and the local branch of Invest NI.She says this collaborative approach, allied with the cross border nature of the North West region, is a very important selling point……..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/09/elishatech.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Google+ Twitter DL Debate – 24/05/21 center_img WhatsApp Pinterest Pinterest By News Highland – September 10, 2018 Previous article16 people awaiting admission to LUHNext articleAnalysis of data now underway in LUH Cancer Research Project News Highland AudioHomepage BannerNews WhatsApp News, Sport and Obituaries on Monday May 24th Arranmore progress and potential flagged as population grows RELATED ARTICLESMORE FROM AUTHORlast_img read more

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