A Senate Inquiry is Investigating Dowry Related Abuse in Australia

first_imgAn Indian-born woman, who agreed to speak with SBS if her voiced was disguised, says she plans to share the darkest memories of her year-long marriage with Australia’s inquiry into dowry abuse.She says the dowry linked to her wedding led to horrendous abuse at the hands of her former husband.“He was continuously abusing me, torturing me. At times, he used to beat me, asking me for more dowry. I cried. At times, I even felt like dying. But then I’d just think of my parents, my family, and I just gathered all my strength and said, ‘No, I cannot give up.”Read it at SBS Related Itemslast_img

Current UK Visa System Does Not Deter Indian Students: British High Commission Regional Director Dave Ratcliffe

first_imgThe latest figures show that in the year ending September 2018, 55% of all Tier 2 visas were granted to IndiansDave Ratcliffe has been the regional director for UK Visas and Immigration, south and south east Asia since August 2018. Based at the British High Commission in New Delhi, he oversees the UKVI operation in India and 11 other countries, a region which received more than 800,000 UK visa applications last year (almost 80% of which were from India).Read it at Economic Times Related Itemslast_img

US Open roundup: Sania Mirza-Martina Hingis set eyes on semifinal berth

first_imgIndo-Swiss combination of Sania Mirza and Martina Hingis are set to face ninth seeds Yung-Jan Chan and Hao-Ching Chan of Chinese Taipei in quarterfinals of US Open on Wednesday.Sania and Martina eased past 13th seeded Dutch-Czech pair of Michaella Krajicek and Barbora Strycova 6-3, 6-0 in a contest which lasted only 59 minutes. The duo put up a dominating performance by holding their serve all through in their previous match. The top-seeded pair is expected to rally past their opponents in the quarterfinal clash.Meanwhile in the women’s singles quarterfinals, Venus Williams will be aiming to deny her sister Serena a place in history. The top seed and World No 1 Serena is aiming for a career grand slam and will be focused on Wednesday’s clash against her sister.Also read: Game, set and match! Federer storms into US Open quarterfinal Venus said she was undeterred amidst all the hype surrounding the match. “I don’t think anyone wants to be a spoiler. I think people love to see history being made. But at the same time, you’re focused on winning your match even though the circumstances are really much different than you,” Venus said after her fourth round win.In men’s singles top seeded Novak Djokovic will take on Spaniard Feliciano Lopez in the quarterfinals, whereas Frenchman Jo-Wilfried Tsonga will look to fend Marin Cilic’s challenge.Earlier in the day, Briton Andy Murray suffered shock defeat against big serving Kevin Anderson. The South African reached his first grand slam quarterfinal with a 7-6, 6-3, 6-7, 7-6 win against Murray. “I played one of the best matches of my career,” Anderson said after his win.advertisementAlso read: Andy Murray knocked out of US Open by Kevin Anderson   Roger Federer survived John Isner’s scare  7-6, 7-6, 7-5 in round 4 of US Open to clinch a quarterfinal berth. Stan Wawrinka also made his way into quarters after beating USA’s Donald Young 6-4, 1-6, 6-3, 6-4 in a long-fought battle.  Meanwhile Indian tennis stars Leander Paes and Rohan Bopanna are set to face each other in mixed doubles semis.  The fourth-seeded pair of Paes and Hingis moved into the final-four after getting a walkover from the Romanian pair of Simona Halep and Horia Tecau in the last-eight encounter. Bopanna and his Chinese Taipei partner Yung-Jan Chan though had to battle hard against Su-Wei Hsieh and Henri Kontinen and win. The pair won the quarterfinal clash against their opponents 7-6, 5-7, 13-11.last_img read more

La Liga: Alvaro Morata on Target Again as Atletico Madrid Go 2nd on League Table

first_img Alvaro MorataAthletic Bilbaoatletico madridDiego Costa First Published: October 27, 2019, 3:58 PM IST Madrid: Diego Simeone’s decision to leave out Diego Costa was vindicated on Saturday as Atletico Madrid beat Athletic Bilbao and Costa’s replacement Alvaro Morata scored in the 2-0 victory.Morata had been the one to sit on the bench against Bayer Leverkusen on Tuesday but his winning goal as a substitute earned him a start against Bilbao and the Spaniard delivered again. “The changes were good for the team,” said Simeone. “It was a great performance.”Morata’s finish in the second half at the Wanda Metropolitano, after Saul Niguez had opened the scoring, secured Atletico a comfortable win that puts them above Real Madrid in the La Liga table and level on points with Barcelona.The postponement of the Clasico due to unrest in Catalonia gave Simeone’s side the chance to close the gap on the top two and sustain momentum from their gritty win in the Champions League.Morata had rescued Atletico against Leverkusen but the decision to omit him, and now Costa, suggests Simeone feels there is a need for fresh thinking up front.Since missing the first two games of the season with a thigh injury, Costa had started all 10 thereafter, despite managing to score only two goals, one of them from the penalty spot.It remains to be seen if Simeone will leave him out for long but Correa was the provider for both of Atletico’s goals while Morata’s smile after coming off late on suggested he thought his was a job well done.”Correa did very well, he showed what he can do,” Simeone said. “Morata now has two goals in two games and we want Diego to get in on the act as well, because he is important for us too.”This was only the third time in 13 games this term that Atletico have won by more than a single goal and there were other positives to take too.Koke, whistled by his own fans on Tuesday, improved and there was a clean sheet for an unfamiliar back four, in the absence of injured duo Stefan Savic and Jose Gimenez.Bilbao, who slip to 10th, were disappointing and have now lost three of their last five games, drawing the other two.Yet they might have been ahead in the opening two minutes had Jan Oblak not dived to his right and brilliantly clawed Inigo Martinez’s header away from the top corner.”He is the best goalkeeper in the world without any doubt,” said Simeone.Atletico took the lead in the 28th minute and Correa provided it, his wiggling run through three Bilbao defenders ending with a poked pass to the arriving Saul, who made no mistake.Kieran Trippier did well to block a stinging shot from Raul Garcia and he was involved in his side’s second shortly after the hour.He collected the ball on the right from Thomas Partey’s pass and set the ball back for Koke. Bilbao expected the cross but instead Koke slid a ball inside for Correa, who drove the ball to the back post where Morata could not miss.Muniain went close late on with an acrobatic volley after Inaki Williams’ header found him free but his shot found the side-netting and any hopes of a comeback were dashed. Get the best of News18 delivered to your inbox – subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what’s happening in the world around you – in real time.last_img read more

Former Madhya Pradesh Ranji player Seth passes away

first_imgFormer Madhya Pradesh cricketer Kapil Seth has recently passed away. He was 36.According to the Madhya Pradesh Cricket Association (MPCA), the all-rounder was suffering from Hepatitis B.Seth, who represented the state in only one first-class and a List A game in the 2000-01 season, made his sole Ranji Trophy appearance against Vidarbha in November 2000,ESPNcricinfo reported.He smashed an unbeaten 125 while batting along with Ankit Srivastava (204) to strengthen his side from 276 for 8 to 552 for 8 declared. Madhya Pradesh went on to win that match by an innings and 176 runs.Medium-pace bowler Seth, in his only List A match of the Ranji one-day competition also against Vidarbha, finished with the figures of one for 27.last_img

Albania First Time in Euro Tourny

first_imgTweetPinShare0 Shares YEREVAN, Armenia— Albania qualified for its first major tournament by beating Armenia 3-0 on Sunday in its final qualifier for next year’s European Championship.The victory secured Albania second place in Group I, behind already qualified Portugal, and a berth at Euro 2016 in France. Denmark finished third and will have to go through a playoff to qualify.Albania players jumped up and down and hugged each other after the final whistle, with captain Lorik Cana crying as he celebrated with teammates.“I can’t find the words to describe the happiness,” Cana said. “When I joined the Albanian national team 12-13 years ago I had so little hope I could achieve such a thing one day.”The win set off massive celebrations in central Tirana, with thousands of Albanians gathering in the city’s main Skanderbeg Square, honking their car horns and setting off fireworks.“The impossible dream turned into a reality!” Prime Minister Edi Rama wrote on Twitter.Albania opened the scoring with an own goal by Armenia defender Kamo Hovhannisyan in the ninth minute. It then added to the lead with a deflection by defender Berat Xhimshiti in the 23rd and a close-range goal by substitute Armando Sadiku in the 76th.Albania reached 14 points with the victory, two points more than third-place Denmark, the 1992 European champion which will have to go through the playoffs to try to earn a berth at Euro 2016.Portugal, which had already clinched first place in advance, finished with a 2-1 win over nine-man Serbia, reaching 21 points from eight matches.The top two teams in each of the nine qualifying groups advance automatically, along with the best third-placed team. The eight remaining third-placed teams go to a playoff.Denmark had a bye this weekend and needed Albania to lose or draw its match against last-place Armenia in Yerevan.Hovhannisyan found his own net while trying to clear the ball from in front of the goal, and Xhimshiti scored by redirecting the ball into the net after a free kick cross from the left side of the penalty area. Sadiku’s left-footed shot sealed the victory.Albania did not concede a goal in its last four away matches.Without Cristiano Ronaldo, Portugal won its seventh consecutive qualifier by beating already eliminated Serbia in Belgrade. Portugal didn’t need to play at full strength after qualifying with the 1-0 win over Denmark last week.Nani scored in the fifth minute after Serbia goalkeeper Vladimir Sotjkovi failed to hold a shot from Danny, and Zoran Tosic equalized in the 65th before substitute Joao Moutinho netted the winner from the top of the area in the 78th.Serbia played the final minutes with nine men as captain Aleksandar Kolarov was sent off with a second yellow card in the 80th and Nemanja Matic received a straight red in the 81st.last_img read more

DDC: compact, high power density BLDC motor controller

first_imgData Device Corporation introduces a high performance DSP based family of programmable, turnkey motor controllers designed to precisely control the position, torque, and speed of 3-phase BLDC motors, with maximum reliability. The high power density 80V/30A rated MC-5000 series BLDC motor controller operates over an extended -40 to +105°C temperature range, and is available in configurations to support motors that utilize a Hall sensor for torque and speed control, or absolute PWM and incremental encoder feedback for position control. The device is fully configurable through the provided CANopen control interface, and can be programmed, via an easy-to-use Graphical User Interface, enabling it to deliver optimal motor performance with a wide variety of brushless DC motors and loads.Additionally, ease of programmability reduces time-to-market costs and in-house development efforts by enabling key system parameters to be tuned to optimize performance during development, and then, if needed, reprogrammed for use with additional applications and motors. Beyond these cost and time saving benefits, the MC-5000’s compact, highly-efficient single-module design provides Size, Weight, Power and Cost savings by combining control and power amplification into a single solution, minimizing output losses and eliminating the need for a second printed circuit board and interface. The precision motion control performance of the MC-5000 makes it an ideal solution for single axis, point-of-load industrial applications, including: pump control, electric actuators, electric valve control, fuel pumps, industrial robotics, antenna/camera position control, unmanned vehicle electric drives and thrusters, autonomous guided vehicles, and medical diagnostics control.Share this:TwitterFacebookLinkedInMoreRedditTumblrPinterestWhatsAppSkypePocketTelegram Tags: Chips & Components Continue Reading Previous Keysight: end-to-end 5G NR-ready channel emulation solutionsNext WITTENSTEIN: SAFERTOS supports STM32 functional safety software test librarylast_img read more

World Cup 2019: Sarfaraz talks up Pakistan team morale despite warm-up loss to Afghanistan

first_imgSarfaraz Ahmed rubbished concerns of a dip in morale in the Pakistan dressing room in the lead up to 2019 World Cup even as the former champions are going through a horror phase in ODI cricket.Sarfaraz maintained that the mood in the Pakistan dugout is good but maintained the players need to discuss and work on their shortcomings.Sarfaraz’s comments came after Pakistan were stunned by Afghanistan in their first warm-up match of World Cup 219 at the County Ground in Bristol.Barring Babar Azam who hit a well-paced hundred, the Pakistan batting unit failed to step up as they were bowled out for 262 in just 47.5 overs. In reply, Afghanistan paced their chase excellently well and got past the finish line in the final over.Pakistan have headed into the World Cup on the back of a 4-0 defeat in a 5-match ODI series against England. They were also handed a 5-0 thrashing by Australia in the United Arab Emirates earlier this year.In the World Cup year, Pakistan, the reigning Champions Trophy winners, have won only 2 of their 14 completed ODIs.”It’s very tough if we’re losing matches. I just tell my boys to back themselves. We’re working with the coaching staff very hard. We will do well soon,” Sarfaraz said after Pakistan’s defeat to Afghanistan on Friday.”Dugout is good. We just need to discuss among ourselves. Our batsmen are in good nick, we were 20 runs short, but we need to work on our bowling. Babar played a very good knock, he’s our main batsman. And we picked Wahab because of his pace and his reverse swing and he did well.”advertisementAfghanistan elated over batsmen’s performancesMeanwhile, Afghanistan captain Gulbadin Naib heaped rich praise on their batsmen after they completed a 263-run chase against Pakistan with relative ease.Afghanistan were given a strong start by opener Hazratullah Zazai who smashed 49 from just 28 balls. Mohammad Nabi, who had picked up 3 wickets earlier in the day, shone with the bat as well as he chipped in with a 41-ball 34.The star of Afghanistan’s batting performance on Friday was Hashmatullah Shahidi. The left-handed batsman remained unbeaten n 74 from 102 balls as he held his nerves even as he lost partners at some pace as they were heading towards the finish line.”Great victory. The day we are waiting. it’s a great victory for Afghanistan, the people of Afghanistan,” Naib said.He added: “At World Cup anything can happen, so we will do our best and the boys are very excited. I hope we do much better in the upcoming matches. Everyone knows about Afghanistan bowlers. Now the batters are also taking steps forward. So very happy. Thank you for the fans. Not just here, but all round the globe. They give energy to us. They are very proud of Afghanistan team.”Also Read | World Cup 2019: Vijay Shankar suffers injury while batting in the netsAlso Read | World Cup 2019: South Africa thrash Sri Lanka in warm-up matchAlso See:last_img read more

Nick Kyrgios braves cut and cramps to beat Stanislas Wawrinka in Acapulco

first_img Reuters AcapulcoMarch 1, 2019UPDATED: March 1, 2019 12:23 IST Nick Kyrgios took three sets to beat Stanislas Wawrinka (AP Photo)HIGHLIGHTSNick Kyrgios beat Stanislas Wawrinka 7-5 6-7(3) 6-4 and advanced to the semi-finals of the Acapulco InternationalKyrgios outplayed Wawrinka in the match’s biggest moments despite crowd that vocally backed the Swiss”I actually play better when the crowd is against me and giving me a bit of stink,” Kyrgios saidNick Kyrgios overcame a hand injury, leg cramps and a strong performance from Stanislas Wawrinka to prevail 7-5 6-7(3) 6-4 and advance to the semi-finals of the Acapulco International on Thursday.The mercurial Australian, who defeated Rafael Nadal the night before in a match where the Spaniard later criticised Kyrgios’s on-court demeanor, was focused in the quarter-final and outplayed Wawrinka in the match’s biggest moments despite crowd that vocally backed the Swiss.”I actually play better when the crowd is against me and giving me a bit of stink,” the 23-year-old said.”I love it. It gets me going.”The night did not begin well for the hard-hitting Kyrgios, who slipped while thumping a backhand in the match’s opening game, opening up a cut on his right hand that required medical attention.Leg cramps, which also required a visit from the trainers, followed in the deciding set but nothing could derail Kyrgios, who won his final service game at love to keep his hopes of a maiden championship at the tournament alive.”In the first game I just tripped over. I’m not the smoothest mover on tour and I tripped over and grazed my hand,” he said.”And the cramping was tough toward the end.”Next up for Kyrgios is either big-serving American John Isner or his eighth seeded countryman John Millman, who play later on Thursday.Earlier in the day Briton Cameron Norrie cruised past American Mackenzie McDonald 6-3 6-2 to book his ticket to the semis.Norrie will face second-seeded German Alexander Zverev, who did not face a break point en route to a 6-4 6-4 win over Australian Alex de Minaur.advertisementAlso Read | Nick Kyrgios shrugs off Rafael Nadal criticism after Acapulco encounterAlso Watch:For sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byJepher Nickels Tags :Follow Nick KyrgiosFollow Stanislas WawrinkaFollow Acapulco International Next Nick Kyrgios braves cut and cramps to beat Stanislas Wawrinka in AcapulcoNick Kyrgios outplayed Stanislas Wawrinka in the biggest moments of the match despite crowd that vocally backed the Swiss.advertisementlast_img read more

Jamaica Must Capitalise on Sports Tourism-PJ Patterson

first_imgFormer Prime Minister, the Most Hon. P. J. Patterson, says Jamaica must capitalise on sports tourism, to create wealth and grow the economy. He said that sports is now worth 10 per cent of the global tourism market and is growing faster than any other single sector. Citing recent studies done by the World Tourism Organization, he said that sports tourists spent more than any other category of tourists during the Beijing and the London Olympics, and the World Cup in South Africa. Mr. Patterson, who was addressing the recent opening of the G.C. Foster College Museum of Sports and Recreation in St. Catherine, said sports is one industry where Jamaica enjoys a comparative advantage, which it must exploit. “Instead of looking at other areas to virtually start from scratch, let us seize those in which we have the capacity to grow, to expand and perform with excellence. Let us grab these huge opportunities and not squander this legacy,” he emphasised. He noted that sports is big business, run by powerful international bodies and huge conglomerates, and Jamaica must be prepared to fight to secure its fair share of the money associated with the industry or “others will capitalise on the Jamaican brand and exploit us to their advantage.” Mr. Patterson stated that while the country does not have much monetary resources, there is physical capital, which he said, must be fully utilised in order to benefit from sports tourism. He made reference to the Trelawny Multi-purpose Stadium and Sabina Park in Kingston. “When we built the Trelawny complex or expanded Sabina Park, it wasn’t just for the Cricket World Cup… it was the realisation that Jamaica, and indeed the whole Caribbean, had the potential to establish sports tourism as one of the major sectors to fuel economic growth in the entire region,” he stated.last_img read more

TUI Cruises Buys Splendour of the Seas

first_imgzoom Royal Caribbean Cruises is selling its cruise ship Splendour of the Seas to Germany-based TUI Cruises,  a joint venture between Tui Group and Royal Caribbean.The sale is scheduled to take place in the second quarter of 2016. Once sold,  the ship will be leased to Thomson Cruises, which will operate the vessel.“The ship’s sale is in line with our strategic objective of divesting ourselves of older hardware and keeps us firmly on the course to the Double-Double,”  said Richard D. Fain, chairman and chief executive officer of Royal Caribbean Cruises.Splendour of the Seas will complete all scheduled open deployment, and no sailings will be altered or disrupted due to the sale, Royal Caribbean said.Her final sailing will commence on April 4, 2016, and all officers and crew will remain with the company and will be transferred to other vessels worldwide after the ship leaves the Royal Caribbean International fleet.Splendour of the Seas joined the Royal Caribbean International fleet in 1996, and was built by Chantier’s de L’Atlantique, now STX France, in St. Nazaire, France. The 69,130-ton ship carries 1,830 guests (double occupancy) and 760 crew.last_img read more

Cameco says Canada Revenue Agency appealing Tax Court ruling in companys favour

first_imgSASKATOON – Cameco Corp. says the Canada Revenue Agency is appealing a Tax Court decision that was in the company’s favour.The Saskatoon-based uranium miner estimates it will take about two years for the Federal Court of Appeal to hear and decide the case.Last month, Cameco says the Tax Court ruled its favour in the case which centred around its use of a subsidiary in Switzerland to sell and trade its uranium.The CRA contended it was a sham established to avoid Canadian taxes, while Cameco maintained it was for legal and sound business practices.Despite the CRA appeal, Cameco says it will be making an application to the court to recover costs incurred over the course of this case.Cameco noted that decisions of the Federal Court of Appeal may be appealed to the Supreme Court of Canada, if the top court agrees to hear the appeal.Companies in this story: (TSX:CCO)last_img read more

SecretaryGeneral to focus on global health during upcoming visit to Atlanta

Mr. Ban will be convening a meeting at the Carter Center with the Elders – a small group of world figures ranging from civil society leaders to past heads of State – on critical global health priorities, UN spokesperson Marie Okabe told reporters. Participants in the meeting will include top UN officials, philanthropists, and global health leaders from the private sector, non-governmental organizations and academia. Mr. Ban also plans to tour the US Centers for Disease Control and Prevention. While in Atlanta, the Secretary-General is scheduled to attend a luncheon hosted by Georgia Governor Sonny Perdue.He will also join Atlanta Mayor Shirley Franklin in viewing the Martin Luther King, Jr. Papers Collection at the Robert W. Woodruff Library.In addition, he plans to visit CIFAL Atlanta, a not-for-profit organization affiliated with the UN Institute for Training and Research, and attend a luncheon with the Atlanta business community.Since taking office in January 2007, the Secretary-General has travelled to San Francisco and Chicago, where he saw first-hand how these two major cities are tackling climate change, as well as to Washington D.C. In February this year he made his first visit to the state of Texas, where he participated in the William Waldo Cameron Forum on Public Affairs at the Bush Presidential Library, located in College Station. 29 April 2008Global health will be the focus of Secretary-General Ban Ki-moon’s visit to Atlanta, Georgia, next week, part of his ongoing tour of major cities in the United States. read more

Halliburton and DaVita rise while CalMaine and Lennox fall

NEW YORK — Stocks that moved substantially or traded heavily on Monday:Halliburton Co., up $1.99 to $23.74The oil and gas drilling services company solidly beat Wall Street’s second quarter profit forecasts.Circor International Inc., up $1.10 to $39.84A majority of shareholders at the industrial company supported Crane’s hostile bid, but it still failed.DaVita Inc., up $2.75 to $58.80The kidney dialysis provider raised its 2019 profit forecast.Vanda Pharmaceuticals Inc., down 58 cents to $12.41The drug developer’s potential treatment for jet lag faces a potentially longer review by regulators.Cal-Maine Foods Inc., down 34 cents to $39.04The egg producer swung to a sharp fiscal fourth quarter loss because of lower prices and oversupply.PetMed Express Inc., down 20 cents to $16.03The pet pharmacy company’s fiscal first quarter profit and revenue fell short of Wall Street forecasts.Lennox International Inc., down $14.90 to $264The manufacturer of furnaces and air conditioners gave investors a weak profit forecast after its fourth quarter results fell short of Wall Street expectations.Cadence Bancorp., down $3.75 to $15.86The bank’s second quarter profit fell short of Wall Street forecasts as it faced higher credit costs.The Associated Press read more

US employers advertise most jobs in 5 12 years quits also rise

by Christopher S. Rugaber, The Associated Press Posted Jan 17, 2014 8:27 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email US employers advertise most jobs in 5 1/2 years, quits also rise, yet hiring sluggish FILE – In this Thursday, Nov. 14, 2013, file photo, retired U.S. Army Sgt. 1st Class Duane Stubbs, right, of Morrow, Ga., shakes hands with retired U.S. Army 1st Sgt. Leland Smith, CEO of SolidHires, during a job fair for veterans at the VFW Post 2681, in Marietta, Ga. The government reports on job openings and labor turnover for November on Friday, Jan. 17, 2014. (AP Photo/David Goldman, File) WASHINGTON – U.S. employers advertised more jobs in November and more Americans quit, positive signs for millions who are unemployed and looking for work.The Labor Department says job openings rose 1.8 per cent to 4 million, the most in 5 1/2 years. And the number of people quitting increased 1.9 per cent to 2.4 million, a five-year high.More job openings and quits suggest greater opportunities for the unemployed. But those positive trends haven’t recently translated into additional hiring. Overall hiring ticked up just 0.2 per cent to nearly 4.5 million.The figures also follow a disappointing report on December job growth. The government last week said employers added just 74,000 jobs in December. That’s the fewest in three years and below an average gain of 214,000 in the previous three months. read more

Shoppers says underwhelming cold season winter storms hit fourthquarter profit

by The Canadian Press Posted Feb 6, 2014 7:36 am MDT TORONTO – Fewer colds and nasty winter storms left Shoppers Drug Mart Corp. (TSX:SC) with lower profits in the fourth quarter.The pharmacy chain said Thursday it was forced to close 112 locations for as long as two days in late December when severe winter weather slammed Central Canada, causing massive power outages.The fallout contributed to lower profits of $169.4 million, or 85 cents per share, for the quarter ended Dec. 28. That compared with profits of $175 million, or 85 cents per share, in the same period a year ago.Also factoring into the results were $3 million of expenses from the pending a takeover by Loblaw (TSX:L) valued at $12.4-billion.Excluding those costs, Shoppers said it earned $172 million or 86 cents per share, falling in line with analyst expectations, according to Thomson Reuters.Revenue totalled $2.75 billion, up from $2.72 billion a year earlier, while its same-store sales were up 1.2 per cent.“By any measure, our performance in the fourth quarter of 2013 was a successful conclusion to what was a very successful year,” president and CEO Domenic Pilla told analysts during a conference call.“However, (it) remains a very competitive and challenging marketplace.”Shoppers and other retailers have faced increased competition as Target Corp. rolls out its Canadian expansion — one of the factors underlying Loblaw’s expansion in the pharmacy sector.Consumers expect lower prices as they look to the number of alternatives in the retail market.“Our percentage of sales on promotion products continues to increase as a percentage of total sales,” Pilla said.Pharmacy sales, which have been pressured by a lower value of prescriptions, increased 0.5 per cent on a same-store basis.Non-prescription sales, referred to as front store sales, were up 1.1 per cent.However, Pilla said the early cough and cold season fell short of last year, which meant fewer people bought over-the-counter remedies.The Loblaw takeover of Shoppers Drug Mart still requires approval from the Competition Bureau, expected early this year.Shoppers shares closed three cents higher at $58.07 Thursday on the Toronto Stock Exchange. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email People walk by a Shoppers Drug Mart in Toronto on July 15, 2013. THE CANADIAN PRESS/Graeme Roy Shoppers says underwhelming cold season, winter storms hit fourth-quarter profit read more

Mens basketball What exactly is wrong with Ohio State

Redshirt junior guard Kam Williams (15) shoots the ball during the Buckeyes home opener against North Carolina Central. The Buckeyes won 69-63. Ashley Nelson | Sports DirectorFew things have went right for the Ohio State men’s basketball team since Big Ten play began on Jan 1. The Buckeyes have lost three straight games to conference opponents, most recently a 78-68 loss to Minnesota in Williams Arena.Things will only be getting tougher from here on out for OSU, as the Buckeyes are set to take on No. 18 Wisconsin. Last season, Thad Matta’s team lost 79-68 to the Badgers.The Badgers are 13-3 this year, and are coming off an 11-point loss to Purdue, a team that OSU lost to by just one point on Thursday. Although Wisconsin was downed by the Boilermakers, there seems little to convince anyone OSU can easily handle a team as dangerous as the Badgers.After the loss to Purdue, senior forward Marc Loving said he felt confident in OSU’s ability to right the ship this season, regardless of how rocky the start had been.“We know what we’re capable of,” he said.Whatever he feels the team is capable of has yet to be seen this season. The Buckeyes have appeared sluggish on defense and disconnected on offense at times.Even with occasional glimpses into the capability of players like Loving and redshirt senior guard Kam Williams, OSU is shooting a feeble 38.8 percent from the field, with just a 31.8 percent mark from outside the arc.Williams, who started the year shooting 56 percent from 3-point range through the team’s first six games, has gone just 4-for-14 from 3 since the start of conference play. Although other players like Loving and sophomore guard JaQuan Lyle present a perimeter threat, the lack of outside scoring has stifled the Buckeyes’ offense.Correcting mistakes from outside might be an easy fix with more practice. However, the Buckeyes have struggled to limit opposing scoring attacks, giving up an average of 65.6 points per game, which puts OSU at No. 55 in the nation.More worryingly, the Buckeyes force an average of 13.06 turnovers per game, tied with Army West Point as 221st in the nation. Without forcing turnovers, there seems little hope of OSU putting up enough points to overcome opponents, especially a Badgers team that averages 76 points per game.With a lack turnovers and shooting struggles, the Buckeyes will need nothing short of a mid-season miracle to make OSU relevant in the Big Ten again. Regardless, veterans like junior forward Jae’Sean Tate are remaining positive through the hard times.“I wouldn’t say (there is) concern because we work our butts off every day,” Tate said. “We’re in here every day. We’ve just got to keep grinding it. We’ve got to keep working and trusting (Matta.) The outcome is going to be there.”He went on to say he felt the Buckeyes will hit their stride soon. However, until OSU corrects the glaring problems in front of them, the team will be taking nothing more than baby steps. read more

Self managed super

first_imgThe release of a report this week shows self managed superannuation funds are more expensive to run than once thought. The Rice Warner report into SMSFs found that if you have $500,000 or more in a self managed fund, it is cost-competitive with public funds, but if you have between $200,000 and $500,000 in assets, the financial viability depends on how much administration work you can do yourself and whether you need advice in investing. The costs that large funds spread across thousands of members and billions of dollars have to be met by each SMSF. They include annual audits, tax lodgements, investment arrangements, advice, administration and legal costs. SMSFs are favoured by professionals and business owners who are confident with financial responsibility, want control over their wealth and typically want direct ownership of property. SMSFs are also popular with retirees who take an active interest in running their affairs. One third of all Australian superannuation assets are held in these funds. However, control is one thing: you also have to make sufficient returns to live in retirement. If your fund costs are greater than your returns, you are not doing yourself any favours. Luckily, there are other ways of gaining control of super while avoiding the headache of SMSFs. For a start, you could ensure that you understand every option in your current fund’s portfolio. Control can start with becoming informed about which particular investment option you should be in. If the choices aren’t there, look around: many public superannuation funds now offer options such as cash, term deposits and direct shares. So people may be going to the extra cost of establishing an SMSF when their preferred options are available in a public fund. One of the real advantages of an SMSF is the access you get to direct property. Recent rule changes allow superannuation funds to borrow to buy property which has seen property promoters push SMSFs as a way of buying property. However, superannuation is just a tax structure. The investment decision must still follow fundamentals: does this investment give you the required income in retirement? For conservative retirement savers, taking more control outside an SMSF could involve public products that invest in cash and bonds, to give a similar risk profile to cash but a higher return. I mention this because around 29 per cent of all SMSF investments are held in cash, even though conservative retirement savers can find security in a retail environment without having to administer their own super fund. And don’t forget to calculate the insurance benefits in a public fund. Generally the life and TPD premiums are lower in a super fund than can be sourced through a SMSF. A final word: in the end, super assets must compound in value and (after fees) at least outstrip inflation. If you want to be in a self-managed fund, you must ensure that the costs don’t inhibit the point of the exercise, which was to have enough money to live well in retirement. * Mark Bouris is the Executive Chairman of Yellow Brick Road, a financial services company offering home loans, financial planning, accounting & tax and insurance. Email Markonmark.neos@ybr.com.au with any queries you may have or check www.ybr.com.au for your nearest branch. Facebook Twitter: @NeosKosmos Instagramlast_img read more

NW MiamiDade trailer home catches fire no injuries

NW MiamiDade trailer home catches fire no injuries

first_imgNORTHWEST MIAMI-DADE, FLA. (WSVN) – A fire broke out inside a mobile home in Northwest Miami-Dade, early Tuesday morning.Miami-Dade Fire Rescue shared pictures of the blaze that happened along Northwest 26th Street and 15th Avenue, just after 3:15 a.m.When crews arrived at the scene, they found the trailer fully engulfed in flames. Propane tanks inside the mobile home made the fire fight difficult, but crews were able to get it under control before anyone was hurt.The cause of the fire remains under investigation.Remember, if you see news happening and can do so safely, take a picture or shoot video and send it to: senditto7@wsvn.com.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img