whatsapp whatsapp Jasper Jolly Banks raising rates indicates borrowing demand in the broader economy has improved. While there are 35 separate rates covering different currencies and maturities of loans, the US three-month is seen as the most important.The symbolic rise signifies the turning tide of global interest rates, as an extended period of ultra-loose monetary policy comes to an end.Read more: From Snapchat to Heathrow, these 13 events will change the world in 2017The rate also reflects increased expectations of economic growth, as banks feel able to charge higher interest on lending to other banks. Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped Speed Wednesday 4 January 2017 3:26 pm The steady rise in the rate over 2016 – after an extended period well below one per cent – can be attributed in part to the US’s slow economic recovery since the global financial crisis, allied with a rising interest rate from the US Federal Reserve.The rate is also watched by central banks when setting their own interest rates. The Fed has indicated it could raise rates three times over the course of 2017 as inflation begins to move towards its two per cent target.Read more: Court finds in favour of RBS in mis-selling claims caseLibor is used as the benchmark rate for trillions of dollars of contracts across the global economy – from interest rate swaps to student loans, mortgages and corporate funding instruments. It is also vital for interest rate exposure hedging.The benchmark rate came under intense scrutiny when it emerged various banks had manipulated the rate, which is fixed using submissions from various banks. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org The key US dollar three-month Libor rate rises above one per cent for first time since 2009 The key benchmark interest rate for banks to lend to each other has risen above one per cent for the first time since May 2009, in a long overdue sign of recovery in banking sector lending.The three-month US dollar Libor (London Interbank Offered Rate) rose to 1.00511 after being fixed at 0.99872 on Tuesday, according to Intercontinental Exchange.
The Week that Was: The top 10 stories of the past seven days Twitter Pinterest RELATED ARTICLESMORE FROM AUTHOR GAA By Kate Major – 12th October 2019 Twitter Previous articleClough-Ballacolla claim U-13 ‘C’ title after brave win over BallylinanNext articleDowney to the fore as The Harps overcome Kilcavan-The Rock in U-13 ‘B’ clash Kate Major TAGSThe Week that Was Facebook Here are all of Wednesday’s Laois GAA results Home We Are Laois The Week that Was: The top 10 stories of the past seven… We Are Laois WhatsApp 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin WhatsApp GAA Facebook GAA Pinterest Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Ross King was Rathdowney’s saviour From dangerous goals to ‘OsKaR’ nights, we take a look back at the top 10 most read stories from the past week.WATCH: The incredible Ross King injury time goal that sent Rathdowney-Errill into Laois SHC finalThe King goal that not only dumped Camross out of this years hurling championship, but also stopped their bid for three in-a-row.2. New TV crime drama starring Laois teenager set to begin tonight17-year-old Ballybrittas teenager Ryan Burke hit our screens on Monday night with new Virgin Media drama ‘Darklands’.3. Appeal for information launched after popular Laois shop broken into‘Parklane Interiors’, owned by Mary Slevin and Cathy Rogers, was the victim of a burglary several nights ago. Anyone with information on the incident is urged to come forward.4. Moment in Time: First day at school in September 2004Looking back at old photos will never get tiring it appears, as our ‘Moment in time’ this week was a big hit.5. REVEALED – New Laois family set to take part in extremely popular TV ShowCome October 27, we’ll get to see another Laois family take on the challenge that is Ireland’s Fittest Family in the bid for the €15,000 prize.6. In Pictures: A full house, a huge fundraiser and Senator David Norris contribute to roaring success of Mountrath OsKaRsThe Tullamore Court Hotel was packed with citizens of Mountrath as ‘OsKaRs’ were dished out for a number of categories.7. Scully hits 18 points as Borris-Kilcotton book final placePJ Scully helped massively by scoring a massive 18 points in order to help his team secure their place in the county hurling final against Rathdowney-Errill8. Laois footballers learn Leinster championship opponents for 2020Fixtures for next years football championship were released during the week as it’s revealed Laois will play against the winners of Longford v Louth in their first match.9. Sadness in Portlaoise and beyond at death of Kevin Culleton in SpainMany are left in both shock and disbelief as the tragic news of Kevin Culleton’s death becomes known.10. Strong Laois representation in first weekend of All Ireland League rugby seasonLaois lads Liam Hyland, Luke Rigney and Keith Kavanagh all competed in the Energia All Ireland rugby league.
Twitter A Laois trainer pulled off an incredible six-in-a-row success and scooped the top prize of €24,000 at The Curragh yesterday.A Step Too Far, trained by Portarlington based Kieran Cotter, was in the Heffernan Tyres Joe McGrath Handicap yesterday afternoon in the Kildare venue.As she normally does, the 11/2 shot went straight to the front under jockey Adam Farragher and stayed there until the finish.She held on for her sixth straight success – a truly remarkable feat.There is a further Laois connection to the horse as owners Sinead and Dermot Dunne are also from Portarlington.Speaking to IrishRacing.com, trainer Kieran Cotter said: “This was the long-term target up to six weeks ago. She’s answered every call and there’s nothing I can say about her now. She’s just incredibly tough.“She was (rated) 48 when she started off and has just got better and better.“We do nothing with her at home between races. You just couldn’t because if you put a saddle on her she just wants to go one hundred miles an hour.“She keeps herself fit and we just try and keep a lid on her as much as possible and do her running on the track.“We put the cheekpieces on today because she idled a small bit in Cork over the six and we said to Adam to just let her roll.“She always seems to have another bit even at the line she’s not finished.“We’re looking at the Mercury Stakes at Dundalk over five now as a possibility.”This was Cotter’s 11th win of the season – his best in his training career.SEE ALSO – Weekend Read: Inside the yard of the Laois trainer making huge strides in horse racing Electric Picnic RELATED ARTICLESMORE FROM AUTHOR Electric Picnic organisers release statement following confirmation of new festival date Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Home Sport Other Sport Six-in-a-row for Laois trainer as filly scoops €24,000 in the Curragh SportOther Sport Electric Picnic Pinterest TAGSA Step Too FarKieran CotterThe Curragh Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role WhatsApp Previous articleNine Talking Points from an incredibly busy weekend of Laois GAA club actionNext article‘We need to be wide awake to this’ – Portlaoise Hospital needs certainty Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. WhatsApp News Pinterest By Alan Hartnett – 28th September 2020 Six-in-a-row for Laois trainer as filly scoops €24,000 in the Curragh Facebook Twitter
RelatedTribute to Former Parliamentarian Neville Lewis from Prime Minister Portia Simpson Miller RelatedTribute to Former Parliamentarian Neville Lewis from Prime Minister Portia Simpson Miller FacebookTwitterWhatsAppEmail It was with deep regret that I learned of the death of one of our veteran politicians, Mr. Neville Lewis, former Government Minister and Member of Parliament for North West, St. Elizabeth.Mr. Lewis, who rose to the position of Deputy Leader of his party, was a grassroots politician who was dedicated to the welfare of those he served. He was also a person known for his fairness and even-handedness. While he served his party well, he was not oblivious to a broader national commitment.Neville Lewis was a patriot who was committed to his country and its welfare. For his unstinting service to his country, the Government will accord him an official funeral on Saturday, January 13, scheduled to take place at 11:00 a.m. at the Lacovia Anglican Church in St. Elizabeth.As Minister with responsibility for Social Security, Mr. Lewis worked to ensure that the poor and vulnerable were protected. As Minister of Local Government he maintained a close relationship with councillors, whose respect he earned.Neville Lewis was known for both his firm convictions and the courage with which he held those convictions. He was a person of integrity who did not seek expediency over what he deemed the right thing to do. From his life we can draw many important lessons.I extend my condolences to his wife, Jasmine, and his family as well as to his many friends. Tribute to Former Parliamentarian Neville Lewis from Prime Minister Portia Simpson Miller UncategorizedJanuary 3, 2007 RelatedTribute to Former Parliamentarian Neville Lewis from Prime Minister Portia Simpson Miller Advertisements
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Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” ‹ Previous Next › Trending in Canada advertisement Created with Raphaël 2.1.2Created with Raphaël 2.1.2Police officers look on as water floods King St. W. during heavy rain, stopping a streetcar in Toronto on Tuesday, August 7, 2018. Trending Videos COMMENTSSHARE YOUR THOUGHTS RELATED TAGSLorraine Complains/ExplainsNews See More Videos Top 10 tips for driving in rainI asked mechanic Chris Muir what leapt to mind when he saw those videos. “Oh, spendy! Hydro lock the engine, contaminate the brake fluid, short out a multitude of electronics, fill the transmission, axles and transfer case with water. Plus the bits inside that aren’t supposed to be drowned. Carpets and underlay hold moisture, seats, headliners, etc …” Take a tip from the offroaders: if you can’t see what you’re about to drive into or over, get out and look first. It might mean watching someone else screw up, but if you’re in unfamiliar territory, do a little recon first.I’ve long contended there is no such thing as a car accident. Collision, crash, mechanical failure – all are preventable at some stage, meaning they aren’t accidents. I’ve made exceptions over the years for catastrophic medical events and meteors, but the huge human carnage and property damage we see every day is preventable. I’m beginning to think I might have to put a huge asterisk beside some of my conclusions. Our weather is introducing some wild and crazy scenarios that will test even the best drivers – something everybody believes they are, though few actually fall into the category. We’d need more regular, rigorous testing for that to be true. Unexpected climate incidents – like white outs that have been known to cause record pile-ups – mean drivers have to contend with increasingly violent and sudden weather. One point that Danter stresses is made by police and instructors, everywhere: speed. Even in the event you get caught in an unexpected weather system, there are still things you can do to help yourself and those around you, and they all start with reducing your speed. “The bigger the vehicles, the more we see them come whaling in regardless of conditions,” says Danter. “These yahoos emerge like gorillas from the mist. It’s deadly,” he concludes. Don’t drive when you can’t see, so slow down until you can. Have on your full lighting system, engage your hazard lights, leave the roadway at a clearly marked exit, resist the urge to sit near a live lane of traffic (or in one), or tuck under a bridge where you’ll be sheltered but visible. I have no idea if the promised land of fully autonomous cars will eradicate puddle boggers (shouldn’t the car know how deep that flooded area is?), and it will be longer still until cars can interact with each other enough to prevent weather related pileups. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Intense storms are becoming more frequent. Michael Ciaglo / The Associated Press The Rolls-Royce Boat Tail may be the most expensive new car ever Until then, expect the unexpected and remember, a little common sense goes a long way. “You can hydroplane at 40 km/hr,” says Danter. “You might not even be aware that you’ve lost that essential contact between the road and your tires until you try to steer, or hit the brakes. If you’ve been paying attention to your environment, you need to be reducing speed, which doesn’t necessarily mean hitting your brakes.”The issue of visibility is a big one. Several cars on the highway that day didn’t have their headlights on – the cursed daytime running lights that leave so many darkened rear ends on our roads. It’s not just about darkness at night, it’s about compromised visibility in inclement weather. It’s easy to simply tell people to stay home or take extra precautions ahead of pending snowstorms or heavy rains; it’s another when nature is increasingly throwing curveballs at forecasters and drivers alike. Changing global temperatures mean extreme weather events, like tornado-calibre winds and hailstorms, are occuring in places they once never did, or with alarming intensity. All pose problems for drivers, especially those who refuse to adapt their behaviour.I confess my favourite: cars that drive into veritable lakes – roadways that are flooded. Low lying areas can flood in minutes, yet every morning after, there will be the videos of drivers who believed themselves the night before to be immune to what was happening all around them. Modern vehicles are made to withstand many elements, but high, dirty water getting sucked into the air intake can destroy your car in seconds. You wouldn’t throw your computer in that puddle, so why would you immerse the biggest computer you own – your car?RELATED Shlomi Amiga / The Canadian Press It’s not that the fact of the storm was a surprise; the sky had darkened and the forecast had warned of impending showers. No, what was remarkable was the intensity of the water smacking into my car on a recent trip from the cottage.I could hear nothing but the roar of the rain, and the wiper blades were useless. And forget warning splatters – the water hit the windshield like a guillotine. All around me cars were slamming their brakes, punching on their hazard lights and pulling to the shoulder. Only one of those is the right thing to do, according to Tim Danter, head driving instructor with Canada’s Worst Driver.“Putting on your hazard warns other drivers you’re reducing speed and also makes you more visible. Psychologically, we’re wired to follow the car ahead, which means pulling off the highway, especially if it’s a narrow shoulder, can be dangerous. You want to constantly assess your speed and the environment and adapt accordingly,” he says. The rain I was in was so intense it was difficult to discern lane markings. Some drivers rightly took an exit if they could, but others simply stopped on the shoulder, making themselves invisible sitting ducks on the roadway.
Created with Raphaël 2.1.2Created with Raphaël 2.1.2 The Lincoln MKC will be redesigned and called the Corsair for 2020. Handout / Lincoln RELATED TAGSLincolnLuxuryLuxury VehiclesNew Vehicles ‹ Previous Next › Lincoln’s new Corsair SUV will be made available with three powertrains including a hybrid option when it hits dealerships later this year, according to newly discovered documents.The technically new Corsair – which ditches Lincoln’s old and confusing three-letter naming system for a more elegant nautical-themed moniker – is actually the old MKC with a facelift for 2020.But we don’t want to over-simplify—there’s more to this crossover than meets the eye. advertisement We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Trending in Canada PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca COMMENTSSHARE YOUR THOUGHTS The Rolls-Royce Boat Tail may be the most expensive new car ever See More Videos Trending Videos The 2020 Lincoln Corsair will most likely make its debut at the 2019 LA auto show. Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Corsair is the French word for “pirate,” though the name was also worn by a Second World War American fighter plane, so this is immediately a more interesting name than the bland “MKC” designation. The Corsair will share a platform with the upcoming Ford Escape, known as the C2.The C2 platform is modular and allows for many different configurations and powertrain options. It made its debut under the European 2019 Ford Focus.According to The Truth About Cars, VIN decoder documents for the 2020 model year sent to the National Highway Traffic Safety Administration reveal the three powertrains for the new vehicle.The most interesting is a plug-in hybrid setup that combines a 2.5-litre four-cylinder with an electric motor; this will most likely be available on the top-of-the line trim model called the Grand Touring, as it is with other Lincoln vehicles.A standard 2.0-litre turbo-four and a 2.3-litre turbo-four should also be available for the Corsair, with 237 and 275 horsepower, respectively.
Menopause to become the next game-changer in global femtech solutions industry by 2025 News Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app Read Article Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” Related Posts AI technologiesdigital health recorddigital health technologyFuture Health Index 2019 reportRoyal PhilipsTelehealth Philips unveils Future Health Index 2019 report MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Share Comments (0) Add Comment By EH News Bureau on August 22, 2019 The study reveals India is forerunner in adoption of digital health technology with 76 per cent of healthcare professionals using digital health recordsRoyal Philips recently unveiled the India findings of its 15-country Future Health Index (FHI) 2019 report: ‘Transforming healthcare experiences: Exploring the impact of digital health technology on healthcare professionals and patients’. The study reveals that India is a forerunner in the adoption of digital health technology with 76 per cent of healthcare professionals in the country already using digital health records (DHRs) in their practice. Interestingly, India meets the 15-country average when it comes to the usage of AI within healthcare at 46 per cent.Commenting on the launch, Rohit Sathe, President, Philips Healthcare, Indian Subcontinent said, “Philips’ Future Health Index 2019 report confirms that digital health technology is a pivotal pillar in delivering value-based care across the healthcare continuum in India. Tools including telehealth and adaptive intelligence (AI) solutions can help lower the barriers between hospitals and patients, thereby improving access to care and enhancing overall patient satisfaction, particularity in tier II & III cities in India. We hope that the insights from this report will assist key stakeholders in designing and implementing robust and sustainable health systems in the country.”KEY FINDINGS OF INDIA FUTURE HEALTH INDEX 2019More healthcare professionals are using digital health technology in IndiaFor some of the key technologies examined, India is on par with the 15-country average – particularly digital health record (DHR) adoption and use of AI technologies80 per cent of healthcare professionals in India have shared patient information with other professionals inside their health facility, which is equal to the number of healthcare professionals who share patient information electronically across the 15-country average.76 per cent of Indian healthcare professionals and healthcare professionals in the 15-country average are using digital health records (DHRs) in their hospital/ practice.46 per cent in India use AI technologies within their healthcare practice and even more would be comfortable, regardless of whether they are currently using it, for: Staffing and patient scheduling, 76 per cent vs 64 per cent of healthcare professionals in the 15-country average.Patient monitoring, 74 per cent vs 63 per cent of healthcare professionals in the 15-country averagerecommending treatment plans, 63 per cent vs 47 per cent of healthcare professionals in the 15-country average.Diagnosis, 67 per cent vs. 47 per cent of healthcare professionals in the 15-country average.Individuals in India are likely not worried that AI will substitute the human aspects of their healthcare experience, as only one in five (19 per cent) associate AI with less human interaction compared to one-in-three (31 per cent) individuals living within the 15-country average.When Indian healthcare professionals are supported by digital technology, their experience improvesA majority of Indian healthcare professionals who use DHRs in their practice report that DHRs have a positive impact on quality of care (90 per cent), healthcare professional satisfaction (89 per cent), and patient outcomes (70 per cent) when compared to the 15-country average of 69 per cent, 64 per cent and 59 per cent respectively.64 per cent of Indian healthcare professionals agree that patients having access to their own health data (including test results, prescriptions, scans etc.) has positively impacted their patients’ experience.87 per cent of Indians with access to their digital health record say they want their healthcare professionals to have access as well.Encouraging broader use of telehealth is needed in India to revolutionise healthcareAbout two-thirds (67 per cent) of Indians feel comfortable or neutral about seeking medical advice from their doctor through a health application on their phone, suggesting a high willingness and openness to further adopt telehealth and unlock its benefits.About half (49 per cent) of Indians say they know nothing at all about the benefits of digital health technology or mobile health apps in healthcare. Providing education and information around the benefits of these technologies will be key in taking Indians along this technological healthcare journey.The report reflects independent research, commissioned by Philips in 15 countries, in which India was included. It is based on the assessment of care delivery against the Quadruple Aim (better patient outcomes, improved patient experience, improved staff satisfaction and a lower cost of care) with a focus to build sustainable healthcare systems. The missing informal workers in India’s vaccine story Phoenix Business Consulting invests in telehealth platform Healpha
Deutsche TelekomTelekom AustriaTelekom Srbija Operators back Qualcomm role in open RAN path Deutsche Telekom eyes 5G, fibre lead Previous ArticleFCC’s chief eyes central role for 600 MHz in 5GNext ArticleSprint ups guidance but loses connection battle with T-Mobile US The Serbian government is in the process of assessing preliminary bids for its 58 per cent stake in Telekom Srbija and will decide on which companies can progress to the next stage after 17 August.Serbia initially set a 2 August deadline for companies to send non-binding offers for the stake, and the country’s telecoms minister Rasim Ljajic reportedly told the Tanjug news agency a government commission will now assess the bids received over the next two weeks, before inviting companies to make binding offers.“If we are happy with the offers, we will launch the privatisation process, and if not, we will stop it,” he said.Telekom Austria last week emerged as a potential interested party, as did fellow European operator Deutsche Telekom.A Reuters source at the company said there were in fact more investment funds than telecoms operators expressing an interest. The source did not confirm or deny whether Telekom Austria had submitted a bid.According to a seperate statement released by the prime minister’s office quoting the US ambassador to Serbia, four US firms have also expressed an interest in the stake.Serbia’s privatisation agency said only companies with assets of at least €2 billion, or reported revenues of over €500 million, will be able to participate in the process.The government, which is the operator’s single largest shareholder, last attempted to offload the operator in 2011, but rejected a €1.1 billion offer from Telekom Austria for being too low.Serbia, which is seeking EU membership, is reportedly looking to now sell its stake to reach targets on a three year loan deal with the International Monetary Fund and stabilise the country’s finances. Kavit Majithia Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Related Deutsche Telekom, SoftBank tipped for T-Mobile trade AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 04 AUG 2015 Author Home Serbia to decide on Telekom Srbija bidders after 17 Aug Tags
By Gavin van Marle 13/02/2020 In its outlook for this year, HMM said: “In 2020, uncertainties stemming from the outbreak of the COVID-19, rising concerns over global economic downturn and the impact of US-China trade conflict are weakening the prospects for rises in trade volume.“HMM will focus on increasing profitability by providing differentiated value-added services and improving its business structure through managerial innovation including its full commitment to digital transformation,” it added.And while it prepares to end its slot-sharing agreement with the 2M partners to join THE, its compatriot SM Line was today seen to have signed a deal with Maersk and MSC to share space on a number of transpacific services.According to MSC, the agreement “is separate from the 2M vessel sharing agreement between MSC and Maersk, and the services of 2M and SM Line will complement each other. It consists of a combination of slot exchanges and slot purchases among the three parties and it is subject to regulatory approval”.The agreement covers six services, three of which call at the California hubs of Oakland, Long Beach and Los Angeles and three which cover the Pacific north-west ports of Vancouver, Prince Rupert and Seattle.The agreement will also see the 2M partners retuning to the port of Portland, which was dropped from container carriers’ transpacific schedules after a crippling labour dispute in 2016, but returned to operations after SM Line inaugurated its Pacific North-west service this year, on which Maersk and MSC will charter slots. Despite a decline in fourth-quarter revenues, South Korean carrier Hyundai Merchant Marine (HMM) saw annual sales last year increase by 5.6% a return to profitability in Q4.It said its 2019 revenue was KRW5.5trn (US$4.72bn), while its operating loss narrowed 45.6% to KRW304bn, as it prepares to join THE Alliance and begin deploying its new series of ultra-large container vessels (ULCVs) at the beginning of April.The reduced operating loss represented a substantial improvement for the company on the KRW558.7bn ($479m) of ink in 2018.However, while Q4 revenue declined 6.4% to KRW1.35trn, due to “bearish market conditions and weakening freight rates”, it said higher utilisation levels had helped it improve its balance sheet in the final quarter after it posted an operating loss of KRW38.9bn (US$33m) – which represented a 40.8% improvement over 2018’s final quarter operating loss of KRW65.7bn ($56m). ID 110497660 © Sheila Fitzgerald | Dreamstime.com