Canadian financial centres less competitive

first_imgToronto skyline from center island rgbspace/123RF Share this article and your comments with peers on social media James Langton Toronto has dropped out of the top 10 in the twenty-fourth global financial centres index (GFCI 24) unveiled Wednesday by London, U.K. based think tank, Z/Yen.The index aims to assess the competitiveness of the world’s major financial centres. Profit survey: A flat start to 2019 Bank of Canada partners with BIS on Toronto innovation hub Financial firms sign pledge committing to end anti-Black systemic racism Facebook LinkedIn Twitter Keywords Financial services industry Related news Toronto slipped four places to 11 in the GFCI 24 rankings, although its underlying score didn’t change. Beijing, Zurich, and Frankfurt leapfrogged over Toronto, Boston, and San Francisco to enter the top 10, pushing out the three North American cities.Vancouver, Montreal, and Calgary also slipped in the rankings, as their underlying scores declined. Montreal posted the biggest drop in the rankings, falling 11 places to 24, while Vancouver dropped three spots to 18 and Calgary slipped four spots to 42.New York took over first place from London in the index, but scores for both cities fell slightly. Hong Kong, Singapore, and Shanghai rounded out the top five rankings. Scores for cities in the Asia-Pacific region generally rose, closing the gap with New York and London, Z/Yen says in a news release.While North American cities saw their scores decline, a number of Western European centres, including Amsterdam, Vienna, and Milan, Zurich and Frankfurt, saw their scores rise.“These centres may be the main beneficiaries of the uncertainty caused by Brexit,” says Z/Yen, but not all cities in Europe are successful in attracting new business.“Surprisingly, despite some evident success in attracting new business, Dublin, Munich, Hamburg, Copenhagen, and Stockholm fell in the rankings, reflecting respondents’ views of their future prospects,” Z/Yen says.last_img read more

Google is working on a new messaging app – report

first_img Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including… Read more AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 23 DEC 2015 Australia watchdog moves to open up app market Apps Richard Handford Tags Related HomeAppsNews Google is working on a new messaging app – reportcenter_img Serie A, Google give piracy apps the boot Facebook trials feature to connect neighbours Previous ArticleHuawei hits 100M smartphone target for 2015Next ArticleYouTube not happy with T-Mobile US over Binge On – report FacebookGoogle Google is developing a messaging app with additional smart features in an attempt to catch up with rivals, including Facebook.According to The Wall Street Journal, Google wants to integrate chatbot assistants inside its proposed app. Chatbots are software programmes that answer user queries by searching the internet. The company hopes this application will differentiate it from other messaging apps.Details, such as a launch date or name, are unclear so far.Messaging is an area where the search giant is falling short against competitors. Its Hangouts and Messenger offerings lag rivals including Facebook’s WhatsApp and Messenger, as well as Asian players such as WeChat, LINE, Viber and Daum Kakao.Such firms are using free messaging services to attract users before upselling them on other, revenue-generating services such as P2P payments.Long-time Google employee Nick Fox has been leading work on the messaging app for at least a year. The Information reported Fox’s new position of vice president of communications products earlier in 2015.In October, Google offered to purchase 200 Labs, a start-up which specialises in chatbots. But 200 Labs turned the search giant down, according to sources.200 Labs provided chatbots for Telegram, a messaging app that enables users to ask questions across hundreds of subjects, including the weather, image search, news and dating. Authorlast_img read more

Exploratory Gold Drilling Planned in Western Montana

first_img Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. MISSOULA – An Atlanta mining company is planning to begin exploratory drilling next month in western Montana in an area it estimates could produce more than $3 billion in gold.Dutch Gold Resources Inc. has its eyes on the Rock Creek drainage west of Philipsburg in Granite County, where tests show it contains a large open-ended gold and silver system.Despite the company’s announcement earlier this week, state officials on Friday told The Missoulian that no drilling will be allowed until the company posts a reclamation bond of about $10,000.Warren McCullough, of the Montana Department of Environmental Quality, said the agency contacted the company after it issued a news release about its drilling plans.“They assured us that it either had been or would be wired to us immediately,” McCullough said Friday about the bond. “When that happens, when my bond clerk tells me that we have received it, and when we hear from our fiscal services people that the transfer has been received, then I will sign the license.”The bond’s status remained unclear Saturday.The Basin Gulch claim is within two miles of Upper Rock Creek, a prized trout fishing stream and the focus of conservation efforts. Dutch Gold has mapped the area and said the gold field is partly on U.S. Forest Service land.The company said it wants to do drilling to get a more accurate picture of where it will find gold.“This progress is right in line with our previously stated goals, representing more tangible evidence of our continuing commitment towards trying to build long-term, sustainable value for our shareholders,” said Daniel Hollis, the company’s chief executive officer, in the news release.In a previous statement to potential investors, the company said the area contained an estimated 7.6 million ounces of gold, more than a third in high-grade ore.McCullough told the newspaper he had received “quite a bit of interest by e-mail and phone, from people that I assume are investors.”He said issuing a mining exploration permit doesn’t require a lot of public process, but a permit to mine would have a “much higher profile.” Emaillast_img read more

MERS sickens 3 in Saudi Arabia as Korean patient relapses

first_imgAfter going 8 days with no MERS-CoV cases, Saudi Arabia reported three cases in the past 3 days, all in Riyadh, and the World Health Organization (WHO) today provided more details about Jordan’s latest case, as well as a recent one in Saudi Arabia.Also today, South Korea reported a relapse in one of its previous MERS-CoV (Middle East respiratory syndrome coronavirus) cases, which has triggered the isolation of the patient and nearly 130 contacts.At least 1 Riyadh case involved MERS contactAll three of the new cases involve young foreign women in Riyadh, though none are healthcare workers. One is 27 years old, and two are 26. All are hospitalized in stable condition. Their illnesses were reported in separate Ministry of Health (MOH) announcements on Oct 10, yesterday, and today.It’s not clear if their illnesses are linked to a large hospital MERS outbreak that has been under way in Riyadh since the end of July. So far Riyadh has reported 175 MERS cases since Jul 21. Exposures are still under review for two of the women, and the third is a household contact of an earlier case.Over the past 3 days Saudi Arabia also reported three more deaths from the disease in earlier announced case-patients. All are women ages 58 to 71, and all had preexisting medical conditions. Two were from Riyadh and one was from Al-Quway’iyah, located in central Saudi Arabia southwest of Riyadh.One more person has recovered from MERS-CoV, and 12 patients are still in treatment, the MOH said.The latest developments lift Saudi Arabia’s total from the disease to 1,254, including 539 deaths. So far 703 people have recovered from their infections.In its latest breakdown on the source of infections, the MOH said 33% of patients were exposed to the virus in healthcare settings and 12% are healthcare workers who were infected at their workplace.In related developments, the MOH is taking tougher measures to ensure that patients suspected or confirmed to have MERS-CoV illnesses get treated and remain in the hospital, Arab News reported today. Officials are urging health providers to impress upon patients the importance of isolation and treatment, and have signaled that they may take harsher measures if patients don’t comply.WHO adds details on earlier casesThe WHO today shared new details about a MERS-CoV infection in a 38-year-old male expatriate in Riyadh whose illness was first announced by the MOH on Oct 1. It said the man got sick on Sep 21 and was hospitalized 7 days later.So far the source of his infection isn’t known. He doesn’t have underlying medical conditions and is hospitalized in stable condition.The WHO also said Saudi officials informed it of three additional deaths in earlier reported cases.The WHO in a separate statement fleshed out more details on Jordan’s most recently reported case, involving a 53-year-old man from Amman whose illness was first reported by news services on Oct 7. The WHO said the man had his first symptoms on Sep 26 and sought care at a hospital but was sent home after treatment for his symptoms.When his condition worsened on Sep 29, the man went back to the hospital and was admitted and isolated. He was discharged on Oct 1 but visited a second health facility when his health didn’t improve. That hospital also treated his symptoms and sent him home. On Oct 3, when his symptoms worsened again, he sought care at a third hospital, which admitted him and tested him for MERS-CoV.The man doesn’t have underlying medical conditions but is a smoker. He is in stable condition in the intensive care unit. He is a contact of an earlier lab-confirmed patient, a 60-year-old man from Amman who got sick after visiting a hospital that had cared for a MERS patient.The two new cases lift the number of MERS-CoV cases reported to the WHO to 1,595, which includes at least 571 deaths, the agency said.Korean patient relapsesSouth Korea’s health ministry said today that the last patient in the country diagnosed as having MERS-CoV has been hospitalized again after experiencing symptoms such as fever and has tested positive for the virus, the Korea Herald reported.The patient is a 35-year-old who was initially sickened by the virus while suffering from MERS-CoV, according to the report. The patient left the hospital earlier this month after tests were negative. The Herald said 129 of the people who were in contact with the patient, including medical workers, have been placed in isolation.The latest detection delays the country’s plans to announce on Oct 29 that is free of the virus.In May and June a hospital-based MERS-CoV outbreak in South Korea sickened 186 people, killing 36.See also:Oct 10 Saudi MOH statementOct 11 Saudi MOH statementOct 12 Saudi MOH statementOct 10 Arab News storyOct 12 WHO statement on Saudi caseOct 12 WHO statement on Jordan caseOct 12 Korea Herald storylast_img read more

Avian Flu Scan for Jan 30, 2018

first_imgH7 avian flu detected in pair of hunter-shot mallards in state of GeorgiaRoutine testing as part of avian influenza surveillance in wild birds found low levels of H7 RNA in two mallards shot in December by hunters in Georgia’s McIntosh Country.In a news report, the Georgia Farm Bureau said tests were conducted by the US Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS) wildlife services, which found small amounts of avian influenza nucleic acid in swab samples collected from the two American green-winged teal ducks. McIntosh County is on the Georgia coast.Robert Cobb, DVM, Georgia’s state veterinarian, said, “We know this virus is out there in the wild year-round and the detection of the virus in these wild ducks serves as a reminder for poultry producers to continue to be vigilant about following recommended biosecurity measures.”In the early spring of 2017, four southeastern states—Alabama, Georgia, Kentucky, and Tennessee—reported detections of H7N9 avian influenza at poultry farms. The virus isn’t related to H7N9 circulating in China, and most of the detections involved the low-pathogenic form of the virus.Jan 24 Georgia Farm Bureau report UK detects H5N6 in 3 more locationsThe United Kingdom today reported three more highly pathogenic H5N6 outbreaks that affected three different locations, one of them in London.All of the detections involved wild birds found dead, according to a notification from the World Organization for Animal Health (OIE). Aside from two mute swans found dead in a park in London, the virus was found in a tufted duck found dead in a natural park in the city of Wakefield in West Yorkshire County, about 185 miles north of London, and in eight mallards and a moorhen in Rutland County, about 100 miles north of London. The birds were found on Jan 29, and tests show the virus is a reassortant between H5N8 that has circulated in Europe and European N6 viruses.The UK reported its first H5N6 outbreak in the middle of January, and since then has reported five more. The Netherlands, Germany, and Switzerland have also reported H5N6, which has mostly been found in wild birds.Jan 30 OIE report on H5N6 in the UKlast_img read more

DeepOcean hires Fugro for fleet positioning

first_imgDeepOcean, a provider of services and technologies for the subsea industry, has hired Fugro for the provision of precise satellite positioning for the company’s entire fleet of vessels. The contract is valid for three years.Fugro will supply DeepOcean with three completely independent decimetre Global Navigation Satellite Systems.In addition, Fugro’s new Starfix.G2+ system, which has a 3D accuracy approaching that of GNSS RTK systems, and Fugro’s Starfix.G4 satellite correction service are part of the contract delivery.The DeepOcean fleet will be equipped with hardware and software developed by Fugro, providing independent positioning solutions on each vessel.last_img

Elberon to Deal Replenishment Contract Awarded

first_imgCongressman Frank Pallone, Jr. said today that the federally funded contract for beach replenishment from Elberon to northern Deal has been awarded.  It will complete the second and final phase of the beach replenishment from Elberon and Loch Arbour.The project will cover the area stretching from Lake Takanassee in Elberon to Philips Avenue in Deal.The Army Corps of Engineers awarded the contract for the $86,722,210 project to Manson Construction Company.Work to replenish this stretch of the shore will begin this fall and will continue into 2016. The funding for this project is part of the Sandy aid package that Congressman Pallone fought for in Congress.“After a hard fight in Congress for the Sandy relief funding New Jersey deserves, I am glad to see this important beach replenishment project poised for completion,” said Congressman Pallone. “Beaches are a fundamental part of life for residents and the tourist economy, and they must be protected and maintained.”This contract will cover the placement of 3 million cubic yards of sand for reconstruction of the shoreline. It also includes lengthening 10 existing stormwater outfalls, and notching a groin at Phillips Avenue.[mappress mapid=”21111″]last_img read more

Summer Causeway Run set for Saturday

first_img Share RelatedSummer Causeway run setBy ESTEVAN MEDRANO Port Isabel-South Padre Press [email protected] The Port Isabel Chamber of Commerce has been actively seeking special events to add the community’s list of activities as a means to stimulate the local economy prior to the summer tourist season, which typically doesn’t occur until the middle of June. One…June 5, 2015In “News”4th Annual Summer Causeway Run set for SaturdayBy DINA ARÉVALO Port Isabel-South Padre Press [email protected] The Port Isabel Chamber of Commerce is busily preparing for one of the most anticipated events of the summer, the 4th Annual Summer Longest Causeway Run & Fitness Walk. The event is set to take place bright and early this Saturday morning, Chamber…June 1, 2018In “News”33rd Causeway Run set for SaturdayBy DINA ARÉVALO Port Isabel-South Padre Press [email protected] Thousands of runners and walkers are expected in Port Isabel this weekend for the 33rd Annual Longest Causeway Run and Fitness Walk. The popular event is hosted by the Port Isabel Chamber of Commerce and draws repeat participants year after year from locals…January 13, 2017In “News” By DINA ARÉVALOPort Isabel-South Padre [email protected] up those running shoes because the Summer Longest Causeway Run & Fitness Walk is set to take off this Saturday, June 3.“We’re very excited. Early registration is going very well. We’re slightly ahead of where we were last year. And we’re looking forward to a good turnout Friday night for late registration,” said Port Isabel Chamber of Commerce Director Betty Wells.Over a thousand fleet footed people are expected to take part in the popular event, which is the summertime doppelganger to the wintertime original Causeway Run. And like the original, runners will be treated to panoramic views of South Padre Island, Port Isabel and the Laguna Madre as they trek across the Queen Isabella Memorial Causeway. But, unlike the original three-decade-long run, which begins in Port Isabel and ends on the Island, the summertime course is reversed; runners start on the Island and finish in Port Isabel.Want the whole story? Pick up a copy of the Port Isabel-South Padre Press, or subscribe to our E-Edition by clicking here.last_img read more

Softball: Benton claims share of 1-4A title

first_imgRussell [email protected] Benton Lady Tigers earned a share of the District 1-4A softball title with a 14-4 victory over Northwood Wednesday at Northwood.The Lady Tigers improved to 15-10 overall. They finished 5-1 in district and will share the title with North DeSoto.Abi Cole led Benton at the plate, going 4-for-4 with a double. Pitcher Gabby Kespelher went 3-for-4 with a double and two RBIs.Chelsea Rangel, Yancey Cox and Savannah Collo had two hits apiece. Brittany Craig had a two-run triple.In a District 1-5A game Thursday, Haughton downed Parkway 12-4. The Lady Bucs (15-10) finished tied for second in the district with Airline at 4-2.Haughton’s Lacey Dodson continued her outstanding freshman season,  going 3-for-5 with a home run, two doubles and four RBIs.Brooke Payton had three hits, and Miranda Ogletree had two.Pitcher Anna Dies belted another home run. Kirsten Martin had a double.Parkway dropped to 11-14 overall and finished 2-4 in district. The Lady Panthers still have a chance of making the playoffs as a wild-card team.Haydn Parker had three hits. Alexis Rayborn and Kaytlyn Guerrero had two each.In a non-district game, Airline fell to Oak Grove 11-1. The Lady Vikings (14-10) managed only two hits.Tuesday gamesAt Byrd, Airline pitchers Jamie Roberts and Melissa Roberts allowed just four hits against the Lady Jackets, but Byrd made them count in a 5-0 victory.The biggest was a three-run shot by Claire Hyde with two outs in the third inning.Ashley Salinas had two of the Lady Vikings’ five hits. Madison Rowland had a double.Byrd (19-10, 6-0) clinched the District 1-5A title with the victory. Airline could’ve claimed a share of the title.At Haughton, the Lady Bucs smashed six home runs in a 15-5 1-5A victory over Southwood.Dies hit two of the home runs. Dodson, Savannah O’Neal, Haley Krumpelbeck and Natalie Smith had one each.Dodson also had three other hits, including a double, and two RBIs. Krumpelbeck went 3-for-4 with five RBIs. Dies went 3-for-4 with two RBIs.O’Neal also had a double and two RBIs. Smith went 2-for-4 with two RBIs.Ogletree and Kirsten Martin had one double each.Haley Miller pitched a five-hitter.At Parkway, Carol Cash went 4-for-4 with a double to lead the Lady Panthers to a 12-6 victory over Caddo Magnet.Rayborn went 2-for-4 with a home run and three RBIs.Parker had two hits, including a double, and two RBIs. Rebecca Lynch had two hits.Samantha Guile got the win.Wednesday, Bossier dropped an 11-10 decision to Ringgold.Casey Johnson had three RBIs. Destiny Morris went 2-for-3 with two RBIs.Premier Diamond BoutiqueHong Kong’s first lab-grown diamond empirePremier Diamond Boutique|SponsoredSponsoredUndoInstant Voice TranslatorInstant Voice Translator (43 Languages) Takes Hong Kong By StormInstant Voice Translator|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?|SponsoredSponsoredUndoStanChart by CNBC CatalystBlockchain Is Changing the Game for Trade Financing. Here’s How It’s Driving Future Global Trade.StanChart by CNBC Catalyst|SponsoredSponsoredUndoDating.comTung Chung is actually full of single men. Check them out on this premium dating site!|SponsoredSponsoredUndoStrategyCombatIf you own a Computer, then you have to play this Game. No Install.StrategyCombat|SponsoredSponsoredUndolast_img read more

Damp courses rule the day

first_imgPSC Golf from Siam Country Resort PattayaTuesday, Nov. 10, Crystal Bay – StablefordTuesday we went with 3 groups to Crystal Bay and played the A and C courses.  The condition of the course was not too bad but around the greens the soil was very soft and the greens themselves were not very good and slow.  Besides that, the speed of the putting surfaces on the A-course was completely different from the C-course.  Nevertheless we still had a good day.  Neil Harvey (H/cap 16) was the winner on the day with 36 stableford points.  Jonathan Pratt (10) and Willem Lasonder (20) played a strong front nine, but fell back on the back nine and came in second and third with 35 and 34 points respectively.The near pins went to Jonathan Pratt (2), George Gamble and Willem Lasonder.Thursday, Nov. 12, Plutaluang – Stableford We went to Plutaluang on Thursday where it had been a long time since we last visited and we found the condition of the course to be disappointing.  The layout was wet and there is a lot of maintenance ongoing at the moment.  The weather was hot and dry and we managed to finish just before the rain started.Willem Lasonder, Martin Hayes and Neil Harvey.The winner on the day was Willem Lasonder with 37 points.  Martin Hayes (18) came in second with 35, beating Willie Hogg (28) on the count back.The near pins were claimed by Neil Harvey, Richard Schuttenhelm and Willie Hogg.Note: Siam Country Resort Pattaya, Restaurant & Bar plays on Tuesday & Thursday.  As a PSC affiliated venue we welcome ALL golfers, including ladies & seniors (>60s) who have opted for the “Silver” tee option.  Call 089 2535440 (Willem Lasonder) for scheduling or enquiries.last_img read more