September 30, 2020
  • 1:25 pm Dutch insurer outsources pensions administration to APG subsidiary
  • 1:21 pm Swedish pension funds wrangle with VW over potential conflict of interest
  • 1:17 pm Falling interest rates lift Q1 return at ING pension fund to nearly 7%
  • 1:04 pm Pension fund for Dutch watchdog seeks merger with other schemes
  • 1:02 pm Rising management costs see PPF consider in-house team

first_img Related Articles DraftKings CBO – Industry ‘only just scratched the surface’ of US sports betting July 16, 2020 Breon CorcoranIn a move to expand its corporate footprint within the US market, FTSE100 betting firm Paddy Power Betfair (PPB) has confirmed that it has agreed to acquire US mobile-focused fantasy sports operator DRAFT for a deal valued at $48 million (£37 million).Entering the US DFS market, PPB will initially pay $19 million for all DRAFT related assets and resources, the bookmaker has attached a further $29 million in performance related benchmarks to be earned within a four-year period of its acquisition.Founded in 2010 by CO-CEO’s Jeremy Levine and Jordan Fliegal, New York-based DRAFT seeks to be the leading mobile play DFS operator. The company is reported to have raised circa $6 million in venture funding for its operations (Crunchbase).Speaking to business news sources, PPB CEO Breon Corcoran stated that the firms acquired asset had been able to differentiate its product offering within the highly competitive US DFS market, making it an attractive proposition. With the support of PPB marketing and development capabilities, DRAFT could become a further rival to leading US fantasy sports operators FanDuel and DraftKingsIt has been reported that PPB governance are prepared to invest heavily in DRAFT, with the company forecasting an earnings loss of approximately $20 million before interest, taxes, depreciation and amortisation.Issuing a market note on PPB’s acquisition Jonathan Buxton, partner and head of consumer and retail at Cavendish Corporate Finance, said:“This deal is Paddy Power’s first venture into the US daily fantasy sports market. The firm is going ahead with the acquisition, despite the fact that it may lead to a 3% drop in earnings in the immediate future, this reflects the group’s confidence in the potential of this market. The transaction is demonstrative of the increasing search for mobile-led, digital companies that are able to cater to the changing habits and needs of customers and could be the first step in the diversification of the group’s offerings.” Kambi and DraftKings agree on final closure terms July 24, 2020 Share Submit Share DraftKings expands Sportradar partnership to launch mobile live streaming May 29, 2020 StumbleUponlast_img read more

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first_imgChris Borland was a hard-hitting linebacker during his four years at the University of Wisconsin, and his one season with the 49ers. He is no longer a linebacker. But he still packs a wallop.Borland, who retired from football after his rookie season in the NFL, fearing for his cognitive well-being, testified Tuesday before a U.S. House subcommittee, according to the website Deadspin. It is Borland’s contention that football organizations “manipulate the science of brain injuries” (Deadspin’s …last_img

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first_imgThe Play Your Part television series this week features Tebogo Ditshego, Karin Landi, and Tshiamo Legoale, all of whom contribute to making South Africa a better place. Here’s how you can get involved with them.Tshiamo Legoale, a geologist and researcher at metallurgical R&D organisation Mintek, is winner of the FameLab International 2017 contest. She is a guest on Play Your Part episode three. (Image: Mining Ne.Ws)Brand South Africa reporterGeologist and award-winning scientist Tshiamo Legoale, businessman Tebogo Ditshego and Karin Landi of Community Hours SA are the featured guests in episode three of the Play Your Part television series this week.These three extraordinary people share their stories on how they are shaping economic upliftment through education, empowerment, active citizenship, youth development, entrepreneurship, skills development and innovation.The episode, which will air on Saturday, 9 September 2017 at 18:00 on SABC 2, is hosted by Play Your Part ambassador Kabelo Mabalane. Artist and musician Mabalane is also a co-founder of the initiative, Shout for a Safer South Africa.The 26-episode Play Your Part series aims to inspire viewers to become active citizens and take part in volunteerism by profiling South Africans across the country who are doing extraordinary things to change people’s lives for the better.Here’s more on the three guests and how you can get involved with them:Tshiamo LegoaleLegoale is a 27-year-old geologist at Mintek who won the international competition FameLab Award. Her winning talk was on phytomining; as she puts it, she wants to “grow gold from wheat”, which essentially means using wheat plants to harvest gold from mine dumps.Legoale was one of three entrants from Africa in the FameLab competition, which was held in England. She received the FameLab award.Contact detailsWebsite: www.mintek.co.zaTwitter: @legoale_tshiamoTebogo DitshegoEntrepreneur Tebogo Ditshego (left) with actor Thapelo Mokoena at the fifth World Book Celebration. The annual event is hosted by Ditshego Media. (Image: Melissa Javan)Ditshego is CEO of Ditshego Media and founder of the initiative ReadABookSA, which is known as the biggest online book club in the country. He is also the chairman of the South African Reading Foundation.Ditshego, author of the self-published novel Kasi Nerd, talks about the concerns regarding literacy in South Africa and how he is working to overcome them.Through ReadABookSA, for example, people are challenged to read at least one book a month. The initiative has more than 39,700 followers on Twitter.Contact detailsWebsite: www.ditshegomedia.co.zaEmail: info@ditshegomedia.co.zaTwitter: @ReadABookSA or FacebookKarin LandiKarin Landi with Play Your Part series host Kabelo Mabalane. (Image: Play Your Part series)Landi is the co-founder of the online portal, Community Hours SA, which facilitates and manages community service for teenagers, parents, teachers, schools, active citizens and NPOs.Community Hours SA offers out of the box volunteering opportunities that encourage sustainable volunteering and active citizenship. In this episode, she talks about how it got teenagers involved with the initiative, Fight with Insight.Landi also serves on the governing body of the Johannesburg Junior Council and is the goodwill ambassador of the CEO SleepOut.Contact detailsWebsite: www.communityhourssa.co.zaEmail: hello@communityhours.co.zaTwitter: @communityhoursa or FacebookYou can also get involved with Fight with Insight on Facebook.Play Your Part broadcasts at 18:00 every Saturday on SABC 2.To get involved in playing your part in South Africa:Check out the conversation on Twitter: #GetInvolved; or,Find out about initiatives on Play Your Part here.Tell us how you Play Your Part through our social media channels:Follow us on Twitter: @PlayYourPartSA;Follow Brand South Africa on Twitter: @Brand_SA; andLike us on Facebook: Official Brand South Africa.Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

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first_imgBrace for potentially devastating typhoon approaching PH – NDRRMC BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Read Next Frontrow holds fun run to raise funds for young cancer patients  Nonong Araneta re-elected as PFF president LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary LATEST STORIES E.T. returns to earth, reunites with grown-up Elliott in new ad  Kammuri turning to super typhoon less likely but possible — Pagasa Fire hits houses in Mandaluyong City In August, Marquez was among 22 people sanctioned by the department’s Office of Foreign Assets Control. He was accused of acting as a frontman for the Raul Flores Hernandez drug trafficking organization.Marquez has denied any wrongdoing and said he will work to clear his name. He is not known to face any criminal charges in the United States or Mexico.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutAtlas says Marquez will continue his legal fight while at the team.Marquez has played internationally with AS Monaco, Barcelona and the New York Red Bulls. View comments Don’t miss out on the latest news and information. FILE – In this June 5, 2016 file photo, Mexico defender Rafael Marquez leaves the pitch after a Copa America group C soccer match against Uruguay at University of Phoenix Stadium, in Glendale, Ariz. Marquez is back with his club on Monday, Sept. 18 2017, more than a month after the U.S. Treasury Department named him on a sanctions list for alleged drug trafficking ties. Atlas says the 38-year-old defender is practicing with the team again and will continue his legal fight. (AP Photo/Matt York, File)MEXICO CITY — Mexican soccer star Rafael Marquez is back with his club more than a month after the U.S. Treasury Department named him on a sanctions list for alleged drug trafficking ties.Atlas said Monday that the 38-year-old defender is practicing with the team again.ADVERTISEMENT MOST READ Trending Articles PLAY LIST 00:50Trending Articles03:21Police report on Nov. 2013 Pampanga drug sting ‘full of lies’ — ex-PNP official00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Bucks re-sign 40-year-old guard Jason Terrylast_img read more

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first_imgSports venues to be ready in time for SEA Games PLAY LIST 00:59Sports venues to be ready in time for SEA Games01:27Filipino athletes get grand send-off ahead of SEA Games00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Kammuri turning to super typhoon less likely but possible — Pagasa Fire hits houses in Mandaluyong City Less time, fewer timeouts among adjustments for NBA coaches Brace for potentially devastating typhoon approaching PH – NDRRMC MOST READ Read Next View comments Nonong Araneta re-elected as PFF president LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Kyrie Irving of the Boston Celtics looks on during the first half against the Charlotte Hornets at TD Garden on October 2, 2017 in Boston, Massachusetts. Maddie Meyer/Getty Images/AFPCHARLOTTE, North Carolina—Boston star Kyrie Irving has added more spice to the Celtics-Cleveland season opener.Irving, who asked to be traded out of Cleveland and wound up with the Celtics this summer after three straight NBA Finals trips with LeBron James and the Cavaliers, says he sees “a vast difference” between the cities.ADVERTISEMENT LATEST STORIES Don’t miss out on the latest news and information. Frontrow holds fun run to raise funds for young cancer patients  “Boston, I’m driving in and (thinking), ‘I’m really playing in a real, live sports city?’” Irving told reporters Wednesday, in comments published by The Charlotte Observer.“A lot of different cultures, food and people. You get it all, especially in Boston,” Irving also said. “You would go to Cleveland, and it would be at nighttime, and things would be going on, but you just see a vast difference.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutRemember, Irving and the Celtics open in Cleveland on Tuesday night. Typhoon Kammuri accelerates, gains strength en route to PH BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fightlast_img read more

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first_imgLiverpool boss Klopp admits he’s a fan of Aston Villa midfielder McGinnby Paul Vegasa month agoSend to a friendShare the loveLiverpool boss Jurgen Klopp admits he’s a fan of Aston Villa’s John McGinn.Klopp says McGinn can ease the pressure on under-fire Scotland skipper Andrew Robertson.Speaking to the Daily Record, Klopp said: “I heard everyone expected to beat Russia and the first question in my mind was ‘Why?’They have five million more football players than Scotland! “And Belgium? Well, 95 per cent of the world will lose to them.“Scotland isn’t blessed enough to have 20 players from Aberdeen, Glasgow and Edinburgh who are all world-class talents.“But they have always had a big heart, proper fight, a good defence and could score a goal. At Liverpool we have to create a situation where our team can perform and Scotland have got to do the same.“Expectations are too high. It’s not because of Robbo you don’t win. As a left-back, you can’t win a game alone. It’s just not possible.“He doesn’t have to though because you have other good guys – John McGinn, what a super player he is, Robert Snodgrass, a wonderful player, Scott McTominay has great potential. So let them play and let the manager have time to create a style of play, a Scottish style.“But don’t put the manager under pressure to deliver something so immediately that he can’t live up to it.” About the authorPaul VegasShare the loveHave your saylast_img read more

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first_imgMike Thomas makes a one handed catch.Twitter/@DMoutonWWL Mike Thomas was a key to Ohio State’s 2014 and 2015 offenses, and the 2016 second round pick is already impressing with the New Orleans Saints. During a practice on Friday, Thomas made a phenomenal falling one-handed grab over the top of the defense, on a pass from backup quarterback Luke McCown.Mike Thomas’ tremendous catch. As shot by @sayneykid pic.twitter.com/WISeQWLTJw— Doug Mouton (@DMoutonWWL) July 29, 2016Mike Thomas has quickly earned the trust of Saints quarterback Drew Brees.The future Hall of Famer praised him from the connection the two have developed in a very short time back in June. Brees gave an example of a practice rep, of a route the tandem had not run before, to ESPN:“In fact, I don’t think we’ve ever even talked about it,” Brees said. “But it was one of those where I’m just in the moment, and hey, he’s my guy over there at that position. So I kind of give him a look, give him a signal or whatever, and he goes and makes the play. And ran the route just like I imagined.“So that makes you feel good too. ‘Hey, we’re on the same page even though we haven’t even talked about that yet. You kind of know this offense, you have a feel for the game.’ So I like when I see that stuff out of young guys, where you kind of feel like there’s some instincts there.”Thomas came on strong for Ohio State in 2014, catching 54 passes for 799 yards and nine touchdowns en route to a Buckeye national title. He followed it up with a similar 56 catch, 781 yard, nine touchdown 2015 campaign, despite some turmoil at the quarterback position for OSU. Now, he’s charged with helping replace longtime Brees-favorite Marques Colston, who was released by the Saints this off-season after 10 years with the franchise.last_img read more

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first_img Updated: 10:19 AM KUSI Newsroom, Posted: April 17, 2019 MTS unveils new trolley car designs at open house 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – A group of Metropolitan Transit System officials will hold an open house today to showcase the agency’s new trolley cars, which are scheduled to enter service Saturday.The new cars include multiple new quality-of-life features like vinyl seating, improved sightlines for security and easier access to equipment for the agency’s technicians. The cars also have a redesigned mid-section to improve the flow of trolley passengers.MTS ordered a total of 45 new trolley cars in 2016 from German manufacturer Siemens and received the first one last August.The agency expects to receive the rest of the new fleet by next year. Nine of the cars will be added to MTS’ Blue, Green and Orange trolley lines while the other 36 will operate along the 11-mile Mid-Coast Blue Line trolley extension, which is scheduled to be completed in 2021.“These vehicles represent the true partnership that exists between MTS and Siemens,” MTS CEO Paul Jablonski said when the agency received the first new car. “We worked closely over the last two years to ensure that these vehicles meet the needs of our system, and our riders, once Mid-Coast becomes operational.”center_img Categories: Local San Diego News FacebookTwitter April 17, 2019 KUSI Newsroom last_img read more

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first_imgReutersIndia’s largest telecom network provider Bharti Airtel slipped over 6.7 percent intraday on National Stock Exchange (NSE) on Wednesday, as a Qatar-based investor plans to sell 5 percent of its stake whose valuation is almost Rs 9,500 crore ($1.46 billion).Three Pillars Pte, a subsidiary of the Qatar Foundation, sold 199.9 million Bharti Airtel shares through stock market transactions. The shares are sold at price range of Rs 473-490 apiece, shows the deal term sheet, reported Mint.The price band for the deal is discounted at 4.7—8 percent on Tuesday’s closing price. Back in 2013, the firm, however, bought Bharti Airtel shares at Rs340 apiece.The stake sale comes at a time when, most Qatari firms, including its sovereign wealth fund, are winding up their foreign portfolios by selling their stakes in foreign companies, reported Mint.Qatari companies are cutting stakes in foreign companies in a move to tackle the pressure their country is facing, because of the economic sanctions imposed by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt since early June.Major Gulf nations have cut diplomatic and transport relations with Qatar accusing it of backing terrorism. Recently, Qatar’s sovereign wealth fund pumped in billions of dollars into their domestic banks in a move to shore up the deposits, the business daily reported.Indian telecom stocks, including Bharti Airtel, have also gained on signs of an end to a bruising price war and hopes that industry consolidation will benefit established players.Earlier in October, Bharti Airtel, reported a 63 percent fall in net profit for the September quarter on year-on-year (YoY) basis. The company net profit declined to Rs 586.1 crore from Rs 1,615.10 crore profit in the corresponding quarter last year.However, just like shares of other telecom companies, Bharti Airtel stocks have rallied 22-23 percent over the last week. With the shares in an upward spiral, telecom companies have gained Rs 40,300 crore in combined market value.On November 3, Bharti Telecom increased its stake in Bharti Airtel to 50.10 percent by acquiring 4.62 percent stake from Indian Continent Investment.At 2 .30 pm, shares of Airtel is trading at Rs 493.0, down 4.15 percent on NSE.last_img read more

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first_img– Liquefied natural gas -At the request of the United States, Europeans are ready to “deepen relations in energy matters, in particular in the field of liquefied natural gas,” a European source said.As a result of the shale gas boom, the US is avidly seeking new export markets and wants to compete with Russia and Norway, the EU’s main suppliers, on the European market.Developing LNG, which is transported by ship rather than pipelines, would require reducing existing barriers and regulations between the EU and US.”We have an interest in diversifying our sources of supply,” the European source said. EU leaders held meeting in Bulgaria’s capital Sofia. Photo: AFPEU leaders meeting in Bulgaria pledged Thursday to refuse all trade talks with the United States unless Washington grants a permanent exemption from painful metals tariffs that are set to kick in on June 1.However, as an incentive to US Commerce Secretary Wilbur Ross — the hard-nosed negotiator for the Trump administration — leaders floated ideas that could be acted on if Europe is let off the hook.As a precaution if no solution is found, Europe has lined up its own punitive tariffs on American imports, including iconic items such as Harley-Davidson motorbikes and bourbon whiskey.These measures will officially become enforceable next month, but Europeans have committed for now not to use them as talks with the US are still ongoing, in fear of sparking a trade war.”The European position is a balanced position between those who have a more bellicose attitude and those who would like to maintain bridges and dialogue with the US,” a European Union diplomat said on the sidelines of the talks in Sofia.Following are the incentives offered by the Europeans:- Trade deal -The leaders said they could be open to trade talks with the US to lower tariffs on certain industrial — but not agricultural — products as well as to open public procurement markets.The “limited” deal would focus in particular on cars, a strategic sector that US President Donald Trump has brought sharp attention to in several tweets.US cars sold in the EU are slapped with 10 percent tariffs, while Washington imposes 25 percent duties on European pick-ups and trucks. However, customs duties between the two blocs remain low overall, at an average of three percent.Any attempt to negotiate a trade deal, no matter how small, requires a mandate from member states. Export powerhouse Germany is very much in favour of launching the procedure while France is reluctant.Whatever the case, EU leaders insist that there is no chance of relaunching the very unpopular TTIP talks, the major EU-US trade agreement torpedoed by Trump when he entered office last year.- Regulation -European leaders have agreed to initiate a dialogue with Washington to cooperate on regulation, a big demand of multinationals that want more streamlined health and safety norms between Europe and the US.However, a European source insisted that this proposal was limited to a dialogue, and would not attempt to align regulation between the two blocs, a crucial aspect of the failed TTIP talks. – WTO reform -Europe raised the possibility of backing a drive to reform the World Trade Organization, the international trade watchdog that Trump accuses of being soft on China.This would include “finding mutually acceptable solutions” to lift the current freeze on appointments to the WTO Appellate Body.For several months, Washington has blocked the appointment of new judges to settle disputes at the WTO, to the great displeasure of the rest of the international community, which accuses the US of taking the organisation hostage without making any proposals on its future.last_img read more

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