It’s going to take more than €20bn

first_img More From Our Partners Texas governor said he plans to strip the Legislature’s by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Show Comments ▼ whatsapp SPAIN is running out of time to rescue its ailing banking sector. That’s why we expected economy minister Elena Salgado to come up with a recapitalisation plan that went the whole hog. But the €20bn package outlined late on Monday night is simply too small: it is little wonder that Spanish banks fell across the board yesterday, as investors digested the government’s mealy-mouthed policy response. Analysts at RBS reckon the real cost of recapitalising the Spanish banks is around €50bn, on top of the €14bn already committed by the state-backed Fund for Orderly Bank Restructuring (FROB).For Spain’s domestic-only banks, the situation looks dire. Based on the assumption that the banks will be stressed according to the parameters set by the 2009 US Federal Reserve test, RBS says that Banesto needs an extra €5.7bn to withstand a financial shock in 2011. That is a staggering 127 per cent of its market capitalisation. Bankinter needs €2.7bn (117 per cent of its market cap); Popular €7bn (110 per cent); and Sabadell €5.3bn (102 per cent). Things are markedly better for the more diversified banks, Santander and BBVA, which need an extra €17bn and €10.4bn respectively – less than a quarter of their market cap. Of course, these estimates show just how inept the Spanish government’s plan is, even if it does go some way towards higher capital levels in the banking sector. Investors should sell off Spanish banks while they can. Tuesday 25 January 2011 9:01 pm Sharecenter_img KCS-content It’s going to take more than €20bn Tags: NULL whatsapp last_img read more

RioZim Limited ( HY2016 Interim Report

first_imgRioZim Limited ( listed on the Zimbabwe Stock Exchange under the Mining sector has released it’s 2016 interim results for the half year.For more information about RioZim Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the RioZim Limited ( company page on AfricanFinancials.Document: RioZim Limited (  2016 interim results for the half year.Company ProfileRioZim is an integrated mining and metallurgical company in Zimbabwe with an extensive portfolio of resources in gold, base metals, diamonds, coal and chrome. It mining operations include Renco Gold Mine in Masvingo Province, and Cam & Motor Gold Mine and Empress Nickel Refinery; both in the Mashonaland West Province. RioZim also has interests in Sengwa Colliery (Private) Limited with coal assets in Gokwe North; Murowa Diamonds (Private) Limited with operations in Zvishavane; and Marnatha ferrochrome refinery in Kadoma. RioZim separated from its parent company, Rio Tinto plc, in 2004 to become a wholly-owned Zimbabwean company. Its subsidiaries include RioGold (Private) Limited, RioZim Base Metals (Private) Limited and RioDiamonds (Private) Limited. RioZim Group Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Preston Hollow Residence / Bodron+Fruit

first_imgPreston Hollow Residence / Bodron+FruitSave this projectSavePreston Hollow Residence / Bodron+Fruit “COPY” Save this picture!© Scott Frances+ 28Curated by Fernanda Castro Share Interior Design:Mil Bodron, Dustin PenneyCity:DallasCountry:United StatesMore SpecsLess SpecsSave this picture!© Scott FrancesRecommended ProductsWoodEGGERLaminatesWoodTechnowoodPergola SystemsDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaWoodSculptformTimber Click-on BattensText description provided by the architects. The Preston Hollow residence was designed for a couple seeking a new home for their growing art collection. Located on an unusually shaped lot of just over 1 acre in the Preston Hollow neighborhood of Dallas, the home is sited to maximize the views from the home and create a vanishing point to the horizon from the primary living spaces. Save this picture!© Scott FrancesThese views are framed by a series of exterior and interior planes that allow the landscape to extend from exterior to interior. Located toward the back of the lot the house creates a courtyard of privacy with the lawn and pool terrace as the backdrop, and in doing so creates long views from the front of the home, creating the feeling of an expansive landscape. Buffered by the landscape on the sweeping edge of the lot, the home provides the privacy on an otherwise exposed corner lot.Save this picture!© Scott FrancesSave this picture!Floor PlanSave this picture!© Scott FrancesBodron+Fruit designed the architecture and interiors with a rich but subdued palette, using the natural hues from the marble, limestone, and white oak floors to complement the owner’s art collection. Furniture was selected for its clean lines and comfort; united in tone, but varied in texture. Numerous architectural details abound, such as the decorative pivoting metal gate and custom door hardware, to provide the finishing touches.Save this picture!© Scott FrancesIn an effort to mitigate the Texas sun, the west side of the home is largely solid with light colored limestone, while the south and east sides of the home have large expanses of glass with deep overhangs to provide natural daylight and minimal heat gain. To actively control the sun, the home employs motorized shading when needed. Save this picture!© Scott FrancesThe home features 26 solar panels along the roof to reduce its energy consumption and at times return power to the grid.  To further reduce the environmental impact of the home, all stormwater from the roof surface is directed to a 10,000-gallon underground water cistern that is used in the irrigation of the site. Other energy-conscious features include geothermal heating and cooling as well as the use of foam insulation.Save this picture!© Scott FrancesProject gallerySee allShow lessArchive and Artifact: The Virtual and the PhysicalExhibition OpeningM·Cube / MVRDVSelected Projects Share Houses United States Year:  ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Lead Architects: Photographs ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Architects: Bodron+Fruit Year Completion year of this architecture project center_img ArchDaily “COPY” Photographs:  Scott Frances Manufacturers Brands with products used in this architecture project 2015 Manufacturers: Western Window Systems, Walker Zanger, Alkusari, Valli & Valli Svend Fruit AIA, Jason Trevino CopyHouses•Dallas, United States Projects Preston Hollow Residence / Bodron+Fruit CopyAbout this officeBodron+FruitOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesDallasUnited StatesPublished on October 16, 2018Cite: “Preston Hollow Residence / Bodron+Fruit” 16 Oct 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogLouvers / ShuttersTechnowoodSunshade SystemsGlassMitrexSolar GreenhouseMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialCoffee tablesFlexformCoffee Table – GipsyCurtain WallsIsland Exterior FabricatorsPace Gallery Envelope SystemWoodSculptformTimber Battens in Double Bay HouseStonesCosentinoSilestone and Dekton in Villa OmniaBricksNelissenInner Wall Bricks – LückingPanels / Prefabricated AssembliesULMA Architectural SolutionsAir Facade PanelsWoodBlumer LehmannData Processing for Wood ProjectsEducational ApplicationsFastmount®Hidden Panel Fastener at Massey UniversitySealants / ProtectorsTOPCRETMicro-Coating – Baxab®More products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

TCU dominates in comeback win

first_img + posts printThe Arkansas-Pine Bluff Lions came into Fort Worth to play TCU on Wednesday in a game that was rescheduled from Tuesday due to rain. The Horned Frogs overcame a bizarre top half of the first inning, in which they gave up three runs, to win 17-3. The game started with back-to-back bunt singles for APB as they were able to capitalize on three hits, a hit batter, and a throwing error to take a 3-0 lead. TCU pitcher Devon Roedahl was able to escape the inning with just 12 pitches thrown, despite the three runs given up. The Horned Frogs quickly answered back with two runs of their own in the bottom of the first thanks to a triple from 2nd basemen Cam Warner and an RBI double from infielder Josh Watson. TCU proceeded to gain the lead back in the bottom of the 2nd when two runners scored on a throwing error to make it 4-3 in favor of the Frogs. The game remained 4-3 between the 3rd and 5th innings due in large part to great pitching from both starting pitchers, who settled down nicely after the first inning. Roedahl went three innings while giving up two earned and striking out two. The TCU bullpen provided great relief, holding the Lions scoreless for the remainder of the game.The Horned Frogs pulled away from any scare of an upset byErupting for eight runs in the bottom of the sixth. Watson had a two-RBI triple in the inning and Elliott Barzilli touched them all with a three-run home run, which made it 12-3. The Frogs cruised from that point, adding five more runs in the eighth inning leading to a solid victory.TCU improved to a record of 3-1 on the season after they took the weekend series versus LMU two games to one. The Horned Frogs are now on a three-game win streak as they look to carry their success into this weekend’s tournament in Houston. TCU will take on Louisiana Lafayette on Friday, Rice on Saturday, and Houston on Sunday. Linkedin Derek Lytle Derek Lytle Twitter Derek Lytle Freshman Dalton Horton was part of a stellar bullpen outing for the Frogs. Junior Sports Broadcast Major / Journalism Minor What we’re reading: Joe Biden has narrow lead in uncalled states, COVID-19 numbers reach a new high TCU baseball finds their biggest fan just by saying hello Another series win lands TCU Baseball in the top 5, earns Sikes conference award Twitter TCU suspends study abroad programs through spring 2021 Facebook Derek Lytle TCU: A campus altered by COVID-19 ReddIt What we’re reading: Presidential town halls to air tonight, #MeToo leader speaks on movement’s anniversary Linkedin Facebook TCU rowing program strengthens after facing COVID-19 setbacks ReddIt Previous articleThe Skiff: February 25, 2016Next articleDoctson impresses at NFL Combine Derek Lytle RELATED ARTICLESMORE FROM AUTHOR Derek Lytle read more

UPTB ranked in online affordability

first_img Local NewsEducation UPTB ranked in online affordability 2018 Education Year in Review logo wide.jpg WhatsApp Pinterest Facebook Facebook By admin – January 24, 2018 Home Local News Education UPTB ranked in online affordability The University of Texas of the Permian Basin ranked 25th among the most affordable colleges for online programs for 2018, according to the SR Education Group.The 2018 Most Affordable Online Colleges rankings emphasize value by providing lists of schools offering online programs that are high quality, affordable and based in value rather than prestige alone, an email from SR said.This year, SR Education Group in Kirkland, Washington, manually researched more than 1,000 colleges to create four separate ranking lists that highlight the 25 most cost-effective online colleges by degree level and the overall most affordable.More Information Pinterest OCA top 2 were ESL students Twitter Registration set for engineering camp Twitter Noel earns award WhatsApp Previous articleJury deliberating stabbing caseNext articleTEXAS VIEW: Retirees health care plan funding needs a permanent fix admin RELATED ARTICLESMORE FROM AUTHOR Most Affordable Online Colleges. Virgin Coco MojitoSouthern Style Potato SaladHawaiian Roll Ham SlidersPowered By 10 Sec Croissant Breakfast Sandwich Casserole NextStay last_img read more

Jammu And Kashmir High Court Celebrates 71st Constitution Day; Organizes Webinar On ‘Preamble To The Constitution Of India

first_imgNews UpdatesJammu And Kashmir High Court Celebrates 71st Constitution Day; Organizes Webinar On ‘Preamble To The Constitution Of India LIVELAW NEWS NETWORK26 Nov 2020 6:48 AMShare This – xOn the occasion of 71st Constitution Day, the Jammu and Kashmir High Court today organized a virtual ceremony to commemorate the adoption of Constitution of India and to honour and acknowledge the contribution of its founding fathers. Chief Justice Gita Mittal led the reading of the preamble to the Constitution at Jammu Wing of the High Court in the presence of Justices Rajesh…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?LoginOn the occasion of 71st Constitution Day, the Jammu and Kashmir High Court today organized a virtual ceremony to commemorate the adoption of Constitution of India and to honour and acknowledge the contribution of its founding fathers. Chief Justice Gita Mittal led the reading of the preamble to the Constitution at Jammu Wing of the High Court in the presence of Justices Rajesh Bindal, Sindhu Sharma, Sanjay Dhar, Puneet Gupta and Javed Iqbal. Justices Dhiraj Singh Thakur, Tashi Rabstan and Rajnesh Oswal also joined the celebration through virtual mode. Also Read: [Constitution Day 2020] Reminiscing India’s Constitutionalism: Homage to the Indian Constitution At Srinagar Wing, the preamble reading was led by Justice Ali Mohammad Magrey in the presence of Justices Sanjeev Kumar and Vinod Chatterji Koul. The officers and officials of the Registry in both the wings of the High Court also joined the celebration through virtual mode. As part of commemoration, a handbook on Fundamental Duties published by J&K Legal Services Authority was released by the Chief Justice, also the Patron-in-Chief of the authority. In her foreword, the Chief Justice stated that the Rights flow from Duties and if everyone performs one’s Duty, Rights would be automatically protected. She further stated that just as the fundamental rights are imperative for the progress of a nation, so are the fundamental duties. Justice Rajesh Bindal, in his message, stated that the objective behind engrafting Article 51-A in the Constitution of India cannot be achieved unless the citizens are made aware of their Constitutional Duties. The High Court also organized a webinar on the topic “Preamble to the Constitution of India and the Idea of Inclusion”. The programme was attended by the Chief Justice, Judges of the High Court and Judicial Officers serving in the UTs of J&K and Ladakh. Law Researchers and Law interns with the Judges of the High Court also attended the webinar. Also Read: Where Free Speech Is A Path To Lose Personal Liberty: After 70 Years Of Constitutional DemocracyNext Storylast_img read more

Wendell Mitchell namesake for art show

first_img Remember America’s heroes on Memorial Day Book Nook to reopen Next UpThe photography exhibition will open at the Johnson Center for the Arts on Aug. 3 and run through Nov. 13.When the exhibition comes down, it will become the Walking Wendell Mitchell History Lesson Exhibition and travel to arts center throughout the area.“The Wendell Mitchell History Lesson Exhibition will be based at the Johnson Center and be made available to museums and other art centers in the area at no charge other than the shipping fees,” said Richard Metzger, Johnson Center director. “The exhibition has already been scheduled for Clayton and Old Alabama Town and the Wiregrass Art Museum in Dothan has expressed an interest, as well as several museums in North Alabama. We expect this exhibition to be popular throughout the area.” One of Holman Johnson’s photographs caught Mitchell’s eye and stirred a fond memory of his grandfather.“My grandfather plowed with a mule,” he said, pointing to the photograph of a man behind a plow. “I would trail behind him and listen to him talk to his mule.”Mitchell said he learned to talk the language that mules understand but he never really learned to gee-haw behind a stubborn mule and a dull plow.“Plowing is hard work, and there’s an art to it that I never learned,” Mitchell said, laughing. “This exhibition is outstanding. A picture is worth a thousand words so there is great value to it.” Pike County Sheriff’s Office offering community child ID kits Print Article Sen. Wendell Mitchell was in Troy Friday to attend CGI’s Miracle Field presentation, a project to which he has provided financial support.Following the presentation at the Troy Sportsplex, Mitchell visited the Holman and Ethel Johnson Center for the Arts and the got a sneak preview of the upcoming “Looking Through the Lens: 100 Years of Photographs” exhibition.The exhibition will feature the photography of two of the area’s most outstanding and prolific professional photographers of the early- to mid-1900s, Holman Johnson of Troy and D.L. Hightower of Clayton. By The Penny Hoarder Email the author Published 5:59 pm Friday, July 2, 2010 Penny Hoarder Issues “Urgent” Alert: 6 Companies Are…center_img Sponsored Content By Jaine Treadwell Plans underway for historic Pike County celebration Troy falls to No. 13 Clemson Latest Stories The “Looking Through the Lens” exhibition features 120 photographs, 60 from each photographer.Johnson’s photographs are titled, “Pike County and Beyond,” and Hightower’s are named, “To Remember a Vanishing World.”Mitchell said he is flattered to have the traveling photography exhibition named in his honor.“That was a surprise to me, and I am honored,” he said. “This exhibition has great historical value and will give young people an opportunity to visually experience what life was like generations ago. And, for those of us who are old enough to remember those times, it will bring back many memories.” You Might Like Phillip Henderson elected to Medical Honor Society Troy native Dr. Phillip K. Henderson has been received into the membership of the University of South Alabama’s Arnold P…. read more Around the WebMd: Do This Immediately if You Have Acid Reflux (Watch Now)Healthy LifestyleIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe 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 Wendell Mitchell namesake for art showlast_img read more

Man survives 130-foot minivan plunge into ocean

first_imgKGO-TV(MONTARA, Calif.) — A minivan driver survived a 130-foot plunge into the Pacific Ocean Friday morning after he he drove off a cliff on Highway 1 in Montara, California, authorities said.Rescuers rappelled down the cliff-face to reach them man, who had already climbed out of his crushed vehicle, according to ABC station KGO-TV. The driver, who was the vehicle’s only occupant, was attached to a rope and lifted up to the top of the cliff, the station reported.California Highway Patrol said the driver, who they described as a tourist in in his late 30s, drifted off the shoulder of Highway 1 about half a mile south of Devil’s Slide and went over the cliff’s edge into the ocean.CHP ruled out drugs or alcohol as factors in the crash and blamed operator error for the incident.Rescuers said the man was hypothermic from being in the water but otherwise seemed OK, KGO-TV reported.Rescuers initially had difficulty communicating with the driver, who speaks only Cantonese, but after a translators was found, he told them he did not have any back or beck pain.He was taken to San Francisco General Hospital for treatment of non-life threatening injuries, authorities said.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Global newsround

first_img Comments are closed. Previous Article Next Article Global newsroundOn 4 Jun 2002 in Personnel Today Mike Broad reports on what’s happening in HR around the worldEthical practice is the key to success of globalisationCompanies must embrace ethical practices if the globalisation movement is tosucceed, delegates were told at an international conference last month. George Cox, director general of the Institute of Directors, which held theconference, said there needs to be a global spread of higher standards ofcorporate governance. But he added that globalisation was needed in developingcountries to bring investment and the transfer of skills. The conference attracted hundreds of anti-globalisation protesters,particularly in response to the presence of former US Secretary of State, HenryKissinger. Kissinger said that today’s business leaders are better educated than ever,but the length of their contracts leads to short-termism. “The challenge is can we find forums in which we can address long-rangeproblems?” he asked. www.personneltoday.comUK faces work-time legal action from the European CommissionThe European Commission isthreatening legal action against the UK due to an alleged failure to fullyimplement the Working Time Directive. A warning letter was sent to the UK Government on 21 March andmanufacturing union Amicus claims that a key complaint concerns the measurementof additional time worked voluntarily. The union complained to the Commission that the directivelimiting the working week to 48 hours had been inadequately implemented. General secretary Roger Lyons said: “Britons work thelongest hours in Europe. This decision will cut excessive working timeconsiderably, slash stress and bring us closer to the level of working hoursenjoyed throughout the rest of Europe.”UK businesses are concerned by the red tape that themeasurement of additional hours would generate. The CBI called it a”bureaucratic nightmare”.The government has until 21 May to respond, and if the EC isnot satisfied that UK law has been brought into line with the directive thecase could be taken to European Court of Justice. www.ft.comTemps could get equal benefits as permanent staff under directiveTemporary staff working across Europewill be entitled to the same pay and conditions as permanent employees from dayone of employment, if proposals by the official responsible for driving the EUagency workers directive are agreed. Minister of European Parliament Ieke van den Burg wants toremove the qualifying period for the legislation, which currently means tempswould only be entitled to equal pay after working for an employer for six weeks.Van den Burg said: “Since the majority of temporaryplacements are for weeks rather than months, the core group would be excluded.That is illogical and unacceptable.” Employers believe the draft directive will increase businesscosts and create red tape for HR. (globalhr May 2002)Economic recovery bleak for Germany as strikes loomGermany’s economic recovery has beenthrown into doubt by a fall in an important business indicator in April. The Ifo Index fell in the same week as a new report by the OECDpredicted that economic growth in Germany would hit only 0.7 per cent thisyear. The country is also facing high unemployment, rising tradeunion militancy and a spate of high-profile corporate bankruptcies, which arecombining to undermine the Social Democratic-led Government’s attempts to bere-elected in September. The massive IG Metall engineering union called on thousands ofworkers to vote in strike ballots in May following the collapse of wagenegotiations for the sector’s 3.6 million workers. www.faz.netUK workers worse off than their European counterpartsPeople in the UK work harder, spendless time on holiday and pay more in tax and for goods than other Europeans. A study by UK firm Bradford & Bingley shows Britishemployees clock up an average 8.7 hours a day at work compared to 7.7 hours inItaly, 7.9 in France and 8 in Germany. The research reveals that average household income in the UK isthe highest in Europe at £35,917, but British workers pay more tax and socialsecurity. UK employees also have the least time off, with only 28 dayseach year on average, including public and annual holidays, compared to 47 daysin France, 46 in Spain and 41 days in Germany. Ian Darby, group commercial director at Bradford & Bingley,said: “We found that, rather than being rewarded for longer working hoursand fewer days holiday, everyday items cost us far more than our Europeancounterparts – and we suffer a higher tax burden.” seen as the weakest linkSuccessful global companies do not have world-class HR teams,according to research by a leading business school. The report, Measuring the Competi-tive Fitness of Global Firms,claims that HR has consistently been regarded as one of the weaker capabilitiesof global firms for the five years that the report has been published.The study, by Professor Jean-Claude Larreche of Insead BusinessSchool in France, examined 12 management capabilities of 326 leading globalcompanies, including mission and vision, marketing strategy, organisation andsystems and HR. HR averaged a score of 64 in 2002, with scores of between 65and 79 being regarded as ‘world class’. The quality of HR management was found to vary by industrysector, with computer and electronics companies performing best and finance andinsurance organisations worst. Paul Belcher, partner of Watson Wyatt, which sponsored theresearch, said: “The trend is in the right direction. HR is an area inwhich many companies have been closely focused in recent years and I think wecan confidently predict that world-class companies will be matched by havingworld-class HR in next year’s report.”www.watsonwyatt.comFirms fail to invest in future leadersFirms are failing to respond tomanagerial doubts over their leadership potential, claims research from the US.The study, by Conference Board, shows that only one-third ofthe executives surveyed rate their future leadership capabilities as excellentor good. This compares with 50 per cent five years ago. The report’s co-author said: “Hyper competition,fast-changing technology and closer scrutiny from corporate boards are puttingincreasing pressure on companies to develop effective leaders for the future.”But while some firms are taking action, less than half ofthose surveyed say that developing future leaders is a major priority for theirtop management.”More than 150 large organisations in the US were surveyed inthe Development Dimensions International-sponsored research. www.conference-board.orgUK faces unemployment jump if it joins the euroUK unemployment would jump by morethan a quarter of a million in three years if the UK were to enter the Europeaneconomic and monetary union, according to research. Simulations carried out by Oxford Economic Forecasting – onbehalf of the No Campaign – show that after eurozone entry, potential shocks tothe economy, such as a recession in the US, a rise in oil prices or a drop inequities, would be more pronounced. George Eustice, director of the No Campaign, said if the UKstays outside the eurozone, the Bank of England would be able to cut ratesaggressively, counteracting any damage. The UK Government has promised not to recommend entering themonetary union unless five economic tests are met. Related posts:No related photos.last_img read more

Hess announces arrival of Liza Destiny offshore Guyana

first_img Image: Hess announces arrival of Liza Destiny offshore Guyana. Photo: courtesy of Hess Corporation. Hess Corporation (NYSE: HES) today announced that the Liza Destiny, Guyana’s first oil production vessel, has arrived at the Stabroek Block.The Floating, Production, Storage and Offloading (FPSO) vessel arrived following a 42 day journey from Singapore. This FPSO is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.After clearing customs, hookup and installation of the Liza Destiny FPSO will begin. The Liza Phase 1 development is on track for startup by the first quarter of 2020 and will produce up to 120,000 gross barrels of oil per day.The Stabroek Block is 6.6 million acres (26,800 square kilometers). ExxonMobil affiliate Esso Exploration and Production Guyana Limitedis operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Petroleum Guyana Limited, a wholly-owned subsidiary of CNOOC Limited, holds 25 percent interest.Source: Company Press Release The Floating, Production, Storage and Offloading (FPSO) vessel arrived following a 42 day journey from Singaporelast_img read more