UBS returns to profit

first_imgTuesday 8 February 2011 2:47 am UBS returns to profit John Dunne whatsapp Share Show Comments ▼ whatsapp UBS said it expects to win back more money from clients in 2011 and has laid the foundations for a rebound in its investment bank as chief Oswald Gruebel turns around a bank almost felled by the crisis.UBS said it had seen improvement across all its businesses in the fourth quarter – with total net new money of 7.1bn Swiss francs – although inflows were “very small” at its core wealth management unit after 1 billion in the third quarter.“We are optimistic that overall positive net new money inflows will continue in the first quarter. For the full year, we believe that net new money will strengthen noticeably,” UBS said in a statement.Clients rattled by massive writedowns on toxic assets and a tax dispute with the United States had pulled nearly 400bn francs from Switzerland’s biggest bank in recent years.“The results are a relief after the poor results of U.S. brokers and those from Deutsche Bank and even Julius Baer,” said Helvea analyst Peter Thorne. “It is a relief to hear their optimism for 2011.”UBS shares were up 2 percent at 17.86 francs at 0828 GMT, against a slightly weaker European STOXX banks index.Gruebel’s overhaul of the investment bank started to pay off in the fourth quarter as equities and fixed income, commodities and currencies revenues improved, though bigger losses on the bank’s own credit, as well as losses on student loans, kept net profit to just 75m Swiss francs (£48.53m) after a surprise loss for the previous three months.UBS described the investment bank results as “unsatisfactory in relation to our ambitions” but expects some improvement in the business’s trading results in the first quarter, though this depended largely on market conditions.UBS was forced to cut risky but potentially very profitable proprietary trading in favour of client flow business after it took huge losses in the financial crisis pushing it to take a bailout from the Swiss government in 2008.“While we made substantial progress in 2010, we are fully aware that we have to continue to improve our results,” Gruebel said in a statement. Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnautlast_img read more

Union Homes Real Estate Investment Trust (UHOMRE.ng) HY2020 Interim Report

first_imgUnion Homes Real Estate Investment Trust (UHOMRE.ng) listed on the Nigerian Stock Exchange under the Property sector has released it’s 2020 interim results for the half year.For more information about Union Homes Real Estate Investment Trust (UHOMRE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Union Homes Real Estate Investment Trust (UHOMRE.ng) company page on AfricanFinancials.Document: Union Homes Real Estate Investment Trust (UHOMRE.ng)  2020 interim results for the half year.Company ProfileUnion Homes Real Estate Investment Trust (REIT) is an actively-managed, close-ended Unit Trust Scheme geared to achieve long-term capital appreciation through real estate investments. The Trust Deed invests in a maximum of 90% of the funds in real estate and real estate related investments. A maximum of 10% of the Fund’s total assets is invested in quality money market instruments which ensure liquidity. Established in 2008, the Union Homes Real Estate Investment Trust is managed by Union Homes Savings & Loans Plc which is a subsidiary of the Union Bank of Nigeria Plc. The Fund Managers spread the portfolio  mix across commercial and residential property investment and mortgage assets. Union Homes Real Estate Investment Trust is listed on the Nigerian Stock Exchangelast_img read more

Public Safety Day Highlights Apopka Emergency Services

first_img TAGS2016 Public Safety DayApopka Fire DepartmentApopka Police DepartmentNorthwest Recreation Complex Previous articleNew Retention Ponds at Northwest Recreation ComplexNext articleThe next generation of an American classic Denise Connell RELATED ARTICLESMORE FROM AUTHOR LEAVE A REPLY Cancel reply Share on Facebook Tweet on Twitter You have entered an incorrect email address! Please enter your email address here Bring the family out for the 2016 Public Safety Day hosted by Apopka’s police and fire departments on Saturday, April 2.The fun-filled event from 10 a.m. to 2 p.m. at the Northwest Recreation Complex, 3710 Jason Dwelley Parkway, will feature emergency vehicles and equipment, interactive exhibits and live demonstrations of Apopka’s public safety services.Admission is free, and food concessions will be available. Entrance to the event is on Appy Lane at the north side of the Recreation Complex.Get up close with fire trucks, police cars, crime-scene van, rescue vehicle, mobile command unit and fire training tower. See the fire department’s massive tower truck with its 95-foot ladder, or the new heavy rescue vehicle. Helicopters will be on display from Orlando Regional Medical Center and Florida Hospital.The police emergency response team will have a demonstration at 11a.m. The police canine officers will be at 11:30 a.m. The fire department will present a mock vehicle extrication at 12:15 p.m. (vehicle courtesy of BJs Towing.).The police SWAT officers are at 1 p.m., and the fire department will have water hose fun for the kids at 1:30 p.m. (make sure to bring towels and change of clothes.) A fire tower demonstration also will be presented.Kids can compete for prizes with Big Wheel races. Face painting is provided by McDonald’s of Main Street and Rock Springs Road in Apopka.Try on fire gear and a SWAT suit. Practice with a fire hose. Get finger-printed. See Sparky the Fire Dog and McGruff the Crime Dog. Meet Apopka’s police officers and firefighters. Please enter your comment! The Anatomy of Fear Please enter your name here Support conservation and fish with NEW Florida specialty license plate Save my name, email, and website in this browser for the next time I comment. Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 last_img read more

Black History Month: Noticing chains

first_img“Those who do not move, do not notice their chains,” said Rosa Luxemburg.Remove those chains through regular reading. In this Black History Month, I set out, through the inspirational efforts of founder Dr. Carter G. Woodson, to uncover significant contributions of African people to world civilization and history.I can disruptively and enthusiastically recommend two seemingly unrelated books: John Reed’s classic, “Ten Days That Shook The World,” and Paul Robeson’s heroic declaration, “Here I Stand.” They sit immodestly in the pantheon of “must reads.” Digesting both this year in tandem will be a most rewarding practice for anyone!“Ten Days” takes the reader through a rapidly unfolding series of eyewitness episodes of what it meant for the Bolsheviks, led by V.I. Lenin, to finally take state power in Russia and actually exert their authority. Reed’s blow-by-blow, cinematically written account, of how the workers, soldiers, sailors, peasants and leaders did it, leaves readers fascinated and educated on the birth of the first worker’s state in November 1917.Reed’s narrative was so well-received that Lenin himself wrote the forward. Nadezhda Krupskaya, Lenin’s partner, translated this historic account into Russian. Reading almost like a novel, it is a masterpiece in describing what an exploited class of people did to change intolerable conditions, using the ideas of Marx and Lenin.John Reed died at age 33, and his body was entombed in the Kremlin Wall. But the Bolshevik Revolution’s audacious undertaking survived 74 years against all odds, both internal and external. Indeed, the revolution shook up the capitalist and imperialist world in remarkable ways that benefitted many of the oppressed peoples of the world.After losing upwards of 30 million people in the Great War (World War ll), the Soviet Union generously aided liberation struggles in Asia, Africa and Latin America. But the imperial powers of the United States and Europe had the military force capable of challenging revolution with worldwide bullying. Enter the so-called Cold War.Targeted during that anti-communist war was African-American singer, actor and activist, Paul Robeson, who refused to testify at red-baiting congressional hearings. His 1958 autobiography, “Here I Stand,” described his lifelong dedication to winning the freedom of Black people everywhere.Robeson traveled the world as an artist held in extremely high esteem. On his visits to the Soviet Union, bouquets of flowers, hugs and kisses abundantly greeted him. What did Paul Robeson see and feel while in the Soviet Union that commanded his love, admiration, respect and defense of that country, so that the U.S. government sought to punish him severely?As a student and practitioner of history, Robeson appreciated the monumental sacrifices that the Soviet people had paid at Leningrad, Stalingrad and throughout their country to defend what they had established. In many ways, their effort reminded him of the struggle of his own people to be free, along with the struggle he himself waged throughout his entire life.Instead of being intimidated when he was “redlisted,” Robeson fought back with tenacity in defending his beliefs and actions. He moved the chains through his study and activism. And an extremely high price he paid, financially, physically and mentally. Yet he never surrendered.Paul Robeson said: “An artist must elect to fight for freedom or for slavery. … I made my decision. I had no other choice.”Move! Notice the chains! Move!FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Limerick treated as ‘guinea pig’ in water supply chemical trials

first_imgLimerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Previous articleLIT signs-up Kilkenny hurler for lecturing teamNext articleFirst day in new school for Le Chéile pupils Alan Jacqueshttp://www.limerickpost.ie WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Facebook Advertisement TAGSCmhlr Séighin Ó CeallaighEPAHSEIrish WaterlimerickRight2WaterSinn Fein WhatsApp Limerick’s National Camogie League double header to be streamed live Email Predictions on the future of learning discussed at Limerick Lifelong Learning Festival center_img NewsLocal NewsLimerick treated as ‘guinea pig’ in water supply chemical trialsBy Alan Jacques – September 3, 2015 760 RELATED ARTICLESMORE FROM AUTHOR Print by Alan [email protected] up for the weekly Limerick Post newsletter Sign Up RIGHT2WATER Mid-West have expressed disgust at the idea that the people of Limerick and Clare are to be used as “guinea pigs” following confirmation that a chemical will be added to the water supply to reduce levels of lead.Irish Water has recommended the use of orthophosphate dosing, which they claim has proved effective internationally in addressing the health risks posed by lead in drinking water. By depositing a coating on the pipe, the chemical is said to reduce the levels of lead being dissolved into the water.However, the anti-water campaign group is not happy that people have not been consulted about the effects of introducing orthophosphate, a food-grade chemical substance, to the water supply in the coming weeks as part of a pilot project.In a statement, Right2Water Mid West commented: “We are aware of the environmental issues caused if this chemical enters our lakes and rivers with algae and possible dangers to wildlife. Other possible effects are irritation of the skin, digestive and respiratory tracts as well as the fact that chronic exposure could cause calcium phosphate in the kidneys.”Right2Water is calling on local authorities in Limerick and Clare to demand a public consultation with Irish Water on this issue.Sinn Féin’s Cmhlr Séighin Ó Ceallaigh also feels that Irish Water is “simply replacing one chemical with another”.A briefing was held in June for Limerick councillors and further briefings for all public representatives will be held in both Clare and Limerick on the proposed pilot scheme over the coming weeks. Notification of the proposal to run the pilot scheme in Limerick was also included in correspondence sent to 26,000 householders recently notifying them of possible lead connections.Irish Water say it has proposed a proactive approach to dealing with the significant problem of lead arising in drinking water as a result of lead internal plumbing pipes in buildings built up to the 1970’s.“With approval of the EPA and the HSE, Irish Water is proposing the use of orthophosphate dosing to lower lead levels by up to 90 per cent. This is a standard, proven treatment internationally which has been in use for at least 15 years,” an Irish Water spokeswoman told the Limerick Post.“The proposed dose to be added to the water is minimal and phosphate is already consumed daily through natural foods and food additives. To put it into context, soft drinks have 100 times the level of the proposed phosphate while beer had 150 times.” Twitter Limerick Ladies National Football League opener to be streamed live Vanishing Ireland podcast documenting interviews with people over 70’s, looking for volunteers to share their stories Linkedinlast_img read more

Ceremony will recognize Vietnam Veterans

first_imgWest Texas VA Healthcare SystemVietnam Veterans will be recognized in a “welcome home ceremony” Wednesday the West Texas VA Health Care System says is long overdue.The ceremony will be at 10:30 a.m. Wednesday at the Permian Basin Vietnam Veterans Memorial, 9915 Wright Drive, in Midland. The public is invited to attend.“The ceremony is part of a nationwide effort of Americans uniting to thank and honor Vietnam Veterans and their families for their service and sacrifice,” a news release stated.The commemoration recognizes all U.S. Armed Forces personnel with active duty service between November 1, 1955 to May 5, 1975 regardless of location of service. March 29 is the official recognition day so designated by The Vietnam War Veterans Recognition Act of 2017. Previous articleSCRAPBOOK: March 25, 2018Next articleCouncil to vote on Hispanic Chamber admin Facebook Facebook Twitter Twitter Pinterest Ceremony will recognize Vietnam Veterans By admin – March 25, 2018 WhatsApp WhatsApp Local News Pinterestlast_img read more

Saolta warns of long wait times at LUH

first_imgPeople are again being asked not to attend Letterkenny University Hospital unless absolutely necessary.In a statement, Saolta says the hospital continues to be extremely busy today, and this has resulted in on-going pressure on bed availability, with long waiting times for patients to admitted from the Emergency Department to an acute bed in the hospital.They says while the hospital is committed to treating everyone who presents at the ED, it does so strictly in order of medical priority, and that means long wait times.Once again, people are being urged to contact their GP or GP Out-of-Hours service in the first instance.****************Statement in full -Letterkenny University Hospital (LUH) continues to be extremely busy today Friday Nov 6th.  This has resulted in on-going pressure on bed availability in the hospital and we regret that patients are currently experiencing long waiting times to be admitted from the Emergency Department (ED) to an acute bed in the hospital.The hospital is committed to treating everyone who presents at the ED but does so strictly in order of medical priority and apologises for the long wait times. Once again, the hospital reminds the public to attend the Emergency Department only in the case of real emergencies and they should contact their GP or GP Out-of-Hours service in the first instance.The hospital is again asking that patients wait in the ED alone to help the hospital maintain social distancing. A companion will only be permitted in exceptional circumstances. We know this is very difficult but it is necessary to minimise the risk of infection and to keep everyone safe. Patients are reminded to please wear a face covering/mask when in the ED.Management at LUH regrets the distress and inconvenience these delays cause patients and their families. Loganair’s new Derry – Liverpool air service takes off from CODA Saolta warns of long wait times at LUH Google+ Pinterest By News Highland – November 6, 2020 Pinterest Nine til Noon Show – Listen back to Monday’s Programme DL Debate – 24/05/21 Google+ Facebook Facebookcenter_img Arranmore progress and potential flagged as population grows Twitter News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR WhatsApp Important message for people attending LUH’s INR clinic Previous article*Update* LUH staff told to work while awaiting C-19 resultsNext article27/1 Curragh double for Dylan Brown McMonagle News Highland Homepage BannerNews WhatsApp Twitterlast_img read more

Musicians gather for ‘quarantine jam’ in Brundidge

first_img You Might Like Pike Lib sets date for graduation; format undecided Pike Liberal Arts School hopes to send its 36 seniors out with a graduation in early June. The PLAS Board… read more Print Article Published 6:44 pm Thursday, May 7, 2020 The all-to-familiar buzz of chainsaws was soothed by the sound of music Sunday afternoon in south residential Brundidge.Residents ventured outside their homes to listen. Others gathered at safe-social distances along the street and those walking the track at Pike County High School waved their appreciation to the musicians. Some people scattered coins or greenbacks on the lawn, in thanks for a diversion from COVID-19.Henry Everett, laughing, said the musical interlude was both a Quarantine Jam and a birthday celebration. Plans underway for historic Pike County celebration Everett is perhaps better known outside the school environment as DjHendock. As a popular dee-jay, Everett said is he having to adjust to event cancellations as well as being away from school and the kids.“We really enjoyed the Quarantine Jam and we’re enjoying more family time,” Everett said. “As individuals, as families, we are learning to survive in this new norm. We’ll make do. We’ll be alright.” Pike County Sheriff’s Office offering community child ID kits Email the author By Jaine Treadwell Musicians gather for ‘quarantine jam’ in Brundidge Quarantine Jam Sunday afternoon in Brundidge brought people out of in-house quarantine into the springtime sunshine to enjoy a concert of jazz, R&B and gospel muse compliments of the Everetts, from left, Malachi, David and Henry. Not pictured, David, Jr. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Patriot Health ZoneHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential Health32-second Stretch Ends Back Pain & Sciatica (Watch)Healthier LivingThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel “Sunday was my brother David’s birthday and, because we are ‘safer at home,’ we decided to celebrate his birthday with a  jam session out under the trees,” Everett said. “My son, Malachi and David’s son, David Jr., enjoy playing together, like David and I do. It was just a lot of fun to celebrate David’s birthday together and with music.”The Quarantine Jam began around 3 p.m. and went longer than any of the musicians had planned.“We were enjoying the music and people kept stopping by to enjoy it with us so we kept playing until around 7 o’clock,” Everett said. “And, really, some did tip us. It was just fun afternoon.” Troy falls to No. 13 Clemson Remember America’s heroes on Memorial Day By The Penny Hoarder Latest Stories Sponsored Content Book Nook to reopen And, so much so, that Everett said the band will be back in the box.“Sure, we’ll do it again,” Everett said. “Lenny Trawick and I have talked and we would like to have a Quarantine Jam or Sunday afternoon concert on the grounds of the Bass House in Brundidge. It’s a big area and we could maintain social distance. We have got to learn to live our lives under this new norm and stay safe doing it.”Everett is the school music director for the Pike County Board of Education and he is missing the kids and he is missing the music.“I’m looking forward to getting back to school but we all know that things won’t be the same,” Everett said. “We have to learn new ways of doing things and that’s challenging.” Penny Hoarder Issues “Urgent” Alert: 6 Companies Are…last_img read more

Nine-to-five set to become thing of the past

first_imgNine-to-five set to become thing of the pastOn 19 Mar 2002 in Personnel Today Related posts:No related photos. The traditional working day is set to become obsolete in the next fouryears, according to a new report. True flexibility at work – attitudes towards the 24/7 culture, commissionedby Ashridge Business School, finds that working hours will increasingly becomemore flexible and more people will work from home. The report investigated the attitudes of 250 senior managers across the UK.Half believe the traditional Monday to Friday, nine-to-five working week willbe obsolete by 2006. Seventy-five per cent of those surveyed believe flexible working will beessential in retaining highly skilled people. Half the respondents said they have turned down, or not applied for a jobbecause of its lack of flexibility, while 40 per cent reveal they would workfor less money in return for flexibility. The report finds that employees are increasingly demanding the option ofhome-working aided by laptops, videoconferencing, e-mail and mobile phones. It claims the main push for a change in culture comes from female stafflooking for ways to successfully balance work and home lives “It is clear that individuals want to ‘personalise’ their approach towork, and new and developing forms of communication allow them to do so,”states the report. “Flexible working performs best when there is a mutual understandingbetween employee and employer that the job needs to be done within an agreedtime span.” www.ashridge.org.uk Comments are closed. Previous Article Next Articlelast_img read more

International response under the Antarctic Treaty System to the establishment of a non-native fly in Antarctica

first_imgAntarctica currently has few non-native species, compared to other regions of the planet, due to the continent’s isolation, extreme climatic conditions and the lack of habitat. However, human activity, particularly the activities of national government operators and tourism, increasingly contributes to the risk of non-native species transfer and establishment. Trichocera (Saltitrichocera) maculipennis Meigen, 1888 (Diptera, Trichoceridae) is a non-native fly originating from the Northern Hemisphere that was unintentionally introduced to King George Island in the maritime Antarctic South Shetland Islands around 15 years ago, since when it has been reported within or in the vicinity of several research stations. It is not explicitly confirmed that T. maculipennis has established in the natural environment, but life-history characteristics make this likely, thereby making potential eradication or control a challenge. Antarctic Treaty Parties active in the region are developing a coordinated and expanding international response to monitor and control T. maculipennis within and around stations in the affected area. However, there remains no overarching non-native invasive species management plan for the island or the wider maritime Antarctic region (which shares similar environmental conditions and habitats to those of King George Island). Here we present some options towards the development of such a plan. We recommend the development of (1) clear mechanisms for the timely coordination of response activities by multiple Parties operating in the vicinity of the introduction location and (2) policy guidance on acceptable levels of environmental impacts resulting from eradication attempts in the natural environment, including the use of pesticides.last_img read more