Paul George explodes in 4th, rallies Thunder past Nets

first_imgSEA Games: PH dancesport looking to sweep golds LATEST STORIES Fossil launches its newest generation smartwatch: The Gen 5 Don’t miss out on the latest news and information. “To be able to pass him is something I never even dreamed about, so just honored,” Westbrook said.UP NEXTThunder: At Chicago on Friday night.Nets: Host Toronto on Friday night. Read Next Jordan delivers on promise: 2 Cobra choppers now in PH Brooklyn led by 18 after three quarters, when George had 22 points. But he heated up quickly in the fourth and there was no slowing him down, as he made four 3-pointers in the period and drove hard to the basket when the Nets did get to him at the arc.Still, it looked as if the Nets could withstand his flurry when he missed twice on a late possession. But the Thunder got another chance and George made it count, as he calmly took his time after Westbrook found him and delivered what ended up an easy look.Oklahoma City improved to 16-3 since its 0-4 start.Brooklyn led by only two after one quarter but then outscored Oklahoma City 36-22 in the second. Nets reserves outscored the Thunder by themselves, totaling 23 points. The Nets ran off the first 10 points to take a 36-24 lead, then used a 9-2 surge to open a 54-35 cushion on Crabbe’s 3-pointer with 3:41 remaining in the half.The Thunder came into the game having outscored opponents by an NBA-high 97 points in the third quarter, but the Nets outscored them 31-29 in the period, getting three 3-pointers from Crabbe and going ahead by as much as 23 before taking a 93-75 advantage to the fourth.TIP-INSThunder: George was just 1 for 6 in the first quarter. He finished with 15 rebounds. … Steven Adams finished with 15 points on 7-of-11 shooting.Nets: Crabbe also made seven 3-pointers on Nov. 21 at Dallas. … Robinson Cano, back in New York after being traded from Seattle to the Mets on Monday, was at the game.TRIPLE THREATWestbrook, who owns the single-season record for triple-doubles and averaged one for a season when he was the MVP, said he was a fan of Kidd’s. Kidd had the majority of his triple-doubles (61), while playing for the Nets from 2001-08. Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Judiciary Committee set to take over Trump impeachment probe But it was George, whose slow started helped send the Thunder into their big hole, who made sure they climbed out of it. And Westbrook made sure George knew not to lose his confidence even when his shot wasn’t falling.“My job is to make sure that I constantly keep telling him to stay aggressive, to play his game because he’s that type of guy, man,” Westbrook said. “He can get hot. He’s a superstar in this league and as you seen tonight when he gets hot he can change the game for us.”Allen Crabbe scored 22 points and tied a season high with seven 3-pointers, but Brooklyn dropped its eighth straight game. Joe Harris added 19 points but the Nets lost in another close finish after falling just short in recent losses to Philadelphia, Memphis and finally Cleveland on a basket by Alec Burks.“What’s the definition of insanity? The same, over and over, and not changing, not adjusting,” Nets veteran Jared Dudley said.“At the end I don’t know if it’s a switch or not a switch. Paul George hits a wide-open 3, Burks scores around a back dunk. It’s like these game-winners are the easiest game-winners in NBA history. So we got to figure out a way.”ADVERTISEMENTcenter_img Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games MOST READ Nuggets beat Magic in overtime for 7th straight win View comments Another case filed vs Cardema Oklahoma City Thunder forward Paul George gestures after scoring a basket against the Brooklyn Nets during the second half of an NBA basketball game, Wednesday, Dec. 5, 2018, in New York. The Thunder won 114-112. (AP Photo/Julio Cortez)NEW YORK — Once Paul George got going, he didn’t slow down until he carried the Oklahoma City Thunder to their biggest comeback victory ever.George scored 25 of his 47 points in a sensational fourth quarter, including a go-ahead 3-pointer with 3.1 seconds left that gave the Thunder a 114-112 victory over the Brooklyn Nets on Wednesday night.ADVERTISEMENT SEA Games: Biñan football stadium stands out in preparedness, completion George rallied the Thunder from a 23-point deficit and finished a point shy of his career high, leading them to a fourth straight victory in a game they trailed big for much of the way.But they got close and then got the ball to George on their last possession, and there was no surprise he nailed the shot.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSUrgent reply from Philippine ‍football chief“Yeah, it felt good,” George said. “I had the hot hand, I knew I had the hot hand. I just felt good all game.”Russell Westbrook had his 108th career triple-double to snap a tie with former Nets star and coach Jason Kidd for third in NBA history, finishing with 21 points, 17 assists and 15 rebounds. Hotel management clarifies SEA Games footballers’ kikiam breakfast controversylast_img read more

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Yuvraj Singh’s house pelted with stones after India lost World Cup T 20 finals against Sri Lanka

first_imgYuvraj Singh consumed 21 balls to add only 11 runs for India in the World T20 final Indian supporters pelted stones at cricketer Yuvraj Singh’s house in Chandigarh after India was defeated by Sri Lanka in the finals of World Cup T 20 in Mirpur on Sunday. As per reports, police dashed to his house and pacified the angry crowd.Yuvraj Singh consumed 21 balls to add only 11 runs on the board. The in-form Indian batsman Virat Kohli, who was pacing the innings, got only 7 balls to play in the last 4 overs. India could make only 130 runs, a total that proved not enough to defend.Earlier, Yuvraj’s father Yograj Singh said his son should not be singled out for the defeat.Indian captain Mahendra Singh Dhoni also defended the southpaw, saying he tried his best.last_img read more

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US places Indian lion in endangered species list

first_imgFrom Lalit K JhaWashington, Dec 22 (PTI) The US will place a breed of lion found in India and Africa in the endangered species list in a bid to curb the dramatic decline of their population.The US Fish and Wildlife Service said it will list Panthera leo leo (a subspecies of lion) located in India and western and central Africa as endangered, and Panthera leo melanochaita, located in eastern and southern Africa, will be listed as threatened.”The lion is one of the planets most beloved species and an irreplaceable part of our shared global heritage,” said Dan Ashe, Director of US Fish and Wildlife Service.”If we want to ensure that healthy lion populations continue to roam the African savannas and forests of India, it is up to all of us ? not just the people of Africa and India ? to take action,” he said.US Fish and Wildlife Service said the new scientific research have concluded that the western and central populations of African lion are more genetically related to the Asiatic lion. These lions are now considered the same subspecies, P l leo.”There are only about 1,400 of these lions remaining, 900 in 14 African populations and 523 in India. Considering the size and distribution of the populations, population trends and the severity of the threats, the Service has found that this subspecies meets the definition of endangered under the Endangered Species Act (ESA),” a statement by the US Fish and Wildlife Service said.The other subspecies of P l melanochaita likely numbers between 17,000-19,000 and is found across southern and eastern Africa.advertisementThe US determined that this subspecies is less vulnerable and is not currently in danger of extinction.In the last 20 years, lion populations have declined by 43 per cent due to habitat loss, loss of prey base and retaliatory killing of lions by a growing human population.Coupled with inadequate financial and other resources for countries to effectively manage protected areas, the impact on lions in the wild has been substantial.The order issued in this regard, which aligns with President Barack Obamas National Strategy for Combating Wildlife Trafficking, will ensure that violators of wildlife laws are not subsequently granted permits for future wildlife-related activities, including the import of sport-hunted trophies.With an endangered listing, imports of P l leo will generally be prohibited, except in certain cases, such as when it can be found that the import will enhance the survival of the species.The final lion rule will be published in the Federal Register on December 23, 2015, and will go into effect 30 days after publication on January 22, 2016. PTI LKJ UZMlast_img read more

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Bengali serial to depict struggle of female athletes

first_imgKolkata, Oct 21 (PTI) Bengali TV serial “Run Rony Run” will showcase the problems girl athletes face in the male-dominated world of sports.The the first of its kind on Bengali small screen, the show will have shots of real-time training sessions at stadiums under the supervision by national coaches and international sportspersons.”The role of Rony is played by young actress Sreyoshree Roy. She underwent real time training for two months running regular 200 metres at the Salt Lake Stadium under the supervision of coach Kuntal Roy and his student Sushmita Singha Roy,” Director of the serial Arindam Basu told PTI.”Kuntal Roy is in our advisory committee while for the training part in athletics we took the inputs from Sushmita, we had also extensively spoken to four-five other sportsmen from different disciplines about how they faced the situation regarding family and society,” he added.The show, deriving from real life incidents and experiences of sportspersons, also focuses on athletes getting caught in politics.Sreyoshree, a class X student, who plays the lead role said Kabaddi is her favourite sport.”After I signed for this project, I was asked to see the Bengali classic Koni, recently acclaimed Bhag Milkhha Bhag and M S Dhoni for preparations and I watched all,” she said.”Also by training sprints for two months and swimming at a pool, I have shed 4-5 kg of weight and acquired the tall, skinny look,” she said.The TV serial will air from November 2. PTI SUS SHDlast_img read more

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10 months agoWolves want urgent deal for Chelsea loanee Abraham

first_imgWolves want urgent deal for Chelsea loanee Abrahamby Ansser Sadiq10 months agoSend to a friendShare the loveWolves are asking for a quick resolution to the Tammy Abraham saga.The Chelsea player is on loan at Aston Villa. But the Blues can recall the player.And Wolves want to sign him on loan with a view to a permanent deal, so he can feature on Monday against Manchester City.Sky Sports suggests that a quick deal is a major demand by Wolves.It was first suggested the deal would be permanent, but Chelsea are reluctant to lose him for good.It is possible he will spend half a season at Wolves and then have a choice to sign with them permanently or fight for his place at Chelsea. TagsTransfersAbout the authorAnsser SadiqShare the loveHave your saylast_img read more

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Jim Harbaugh Explains What Went Wrong At Wisconsin

first_img Jim Harbaugh: “We didn’t play physical enough. We were out-hustled. I take responsibility for that. In any ways that we were out-schemed, also take responsibility for that. It’s my job to make sure we’re completely sound in all offenses, defenses, everything that we’re running.”— Adam Rittenberg (@ESPNRittenberg) September 23, 2019Saturday’s loss was arguably the low mark of Harbaugh’s tenure at Michigan.Wisconsin is a really good team, but the Wolverines were just dominated in nearly every facet. A team that came into the season with Big Ten championship and College Football Playoff expectations can’t lose like that.Michigan should get back into the win column on Saturday, as the Wolverines host Rutgers. Jim Harbaugh on the sideline at Wisconsin.MADISON, WISCONSIN – SEPTEMBER 21: Head coach Jim Harbaugh of the Michigan Wolverines watches action prior to a game against the Wisconsin Badgers at Camp Randall Stadium on September 21, 2019 in Madison, Wisconsin. (Photo by Stacy Revere/Getty Images)Michigan head coach Jim Harbaugh is meeting with the media this morning to discuss Saturday’s loss to Wisconsin and the Wolverines moving forward.The Wolverines were blown out by the Badgers, 35-14, at Camp Randall Stadium on Saturday afternoon in a game that wasn’t as close as the final score.Harbaugh admitted today that basically no aspect of the Wolverines was good enough on Saturday.“We didn’t play physical enough. We were out-hustled. I take responsibility for that. In any ways that we were out-schemed, also take responsibility for that. It’s my job to make sure we’re completely sound in all offenses, defenses, everything that we’re running,” Harbaugh said today.last_img read more

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New air passenger rights What they say and when they land

first_imgOTTAWA — The federal government unveiled new regulations for air travel Friday, requiring compensation for passengers suffering from flight delays, tarmac delays, trip cancellations and other headaches. The passenger-rights rules apply to all flights to, from and within Canada and come in two waves. Here’s what’s coming and when each measure arrives:Starting July 15:— Airlines will have to compensate anyone who is denied boarding for situations within an airline’s control, such as over-booking. Delays of up to six hours will cost $900, when the compensation doubles to $1,800; it’s $2,400 if the delay is longer than nine hours. Payment will have to happen at the time the passenger is notified of the denied boarding.— Airlines will have to provide passengers clear, concise and accessible information about delays, cancellations, denials of boarding, lost or damaged baggage and the seating of children under 14, and provide updates on flight status as soon as possible and then every 30 minutes until a new departure time is set.— Airlines will have to let passengers get off planes if a tarmac delay hits three hours, unless within the next 45 minutes there is an imminent probability that the flight can depart. After the extra time, if the plane is still on the ground, everyone has to get off unless there’s a safety or security reason against it.— During tarmac delays, passengers must have access to working lavatories, food and drinks, and the plane must be properly ventilated, heated or cooled.— Airlines will have to pay up to $2,100 for lost or damaged luggage.— Musical instruments will be allowed on flights, either as checked or carry-on baggage, but airlines will have to create policies detailing size restrictions, cabin-storage options, and transportation fees.Starting Dec. 15:— A new compensation structure takes effect for any passenger whose flight is delayed from departing or cancelled. Large airlines — those that transport more than two million passengers annually — will have to pay $400 for delays between three and six hours, $700 for delays stretching to nine hours, and $1,000 for delays beyond that. The compensation levels for smaller airlines are $125, $250 and $500.— To get the money, passengers will have to file a claim with the airline, which then has 30 days to pay up or explain why it doesn’t think it has to pay.— Passengers will get to decide whether to take cash, vouchers or rebates. If a passenger chooses non-cash compensation, the value will have to be higher than the cash offer, and can never expire.— Once a delay hits two hours, airlines will have to offer “reasonable quantities” of food and drink and amenities such as free Wi-Fi.— Once a delay hits three hours, passengers will have to be booked on the next available flight, or potentially on a competing airline. If rebooking doesn’t meet a passenger’s travel needs — if they no longer need to fly, for instance, because they’ve missed what they were flying for — they can get a refund and an extra $400 from large airlines, and $125 from small carriers.— Children under age five will have to be seated next to a parent or guardian at no extra cost. Children five to 11 years old can be separated by no more than one seat in the same row, while 12- and 13-year-olds can’t be separated from guardians by more than one row.The Canadian Presslast_img read more

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Workers on front line against US economic imperialism Iran

first_imgTehran: President Hassan Rouhani called on Iranian workers Tuesday to boost non-oil exports and import substitution, telling them they were “on the front line” against America and its tightening sanctions. Last year, President Donald Trump reimposed crippling US sanctions after abandoning a landmark nuclear agreement between major powers and Iran. Last week, his administration announced that from Thursday it would end oil purchase waivers granted to Iran’s main customers including China, India and Turkey. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: ReportThe move has piled new pressure on Iran’s reeling economy that the International Monetary Fund was already projecting would shrink by 6.0 percent this year. Addressing workers in a south Tehran sports complex on the eve of May Day, Rouhani said that boosting Iran’s manufacturing output was vital to shore up the value of the rial. “Whenever you go for self-sufficiency, you have increased the national currency’s value and the more you can increase production for exports, you have increased our foreign currency revenue,” Rouhani said in the speech broadcast live on state television. Also Read – Iraq military admits ‘excessive force’ used in deadly protests”America’s purpose in cutting oil exports is to reduce our foreign currency revenue and the way to counter it is through the production and export of non-oil goods,” he added. According to Iran’s economy minister Farhad Dezhpasand, non-oil exports reached USD 40 billion for 2018-19. That tops Iran’s oil revenues projection for 2019-2020 of USD 30 billion. But despite regulations in place requiring exporters to repatriate profits, only a quarter of non-oil earnings were returned to Iran.last_img read more

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Ban voices concern after deadly violence in Gaza and southern Israel

In a statement issued by his spokesperson, Mr. Ban condemned rocket fire launched from inside Gaza, which has killed an Israeli civilian in the country”s south, and called for its complete cessation.He also urged Israel to exercise maximum restraint after the country”s military forces reportedly killed 10 alleged militants in Gaza.”He hopes that the parties will fully respect the calm as brokered by Egypt,” the statement noted, referring to a reported ceasefire organized by Egypt.Mr. Ban added that the Office of the Special Coordinator for the Middle East Peace Process, headed by Robert Serry, remained actively engaged with the Israelis and Palestinians in supporting efforts to end the violence. The deadly attacks have taken place just weeks after Israel and the Palestinians agreed to a prisoner exchange that senior United Nations officials said they hoped would lead the two sides to make further hard decisions towards an eventual peace agreement to end the long-running conflict. 30 October 2011Secretary-General Ban Ki-moon expressed deep concern today at the recent escalation of violence and bloodshed in both southern Israel and the Gaza Strip that has reportedly left around a dozen people dead. read more

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Valeant plans 175B stock sale to help pay for Bausch Lomb

MONTREAL — Pharmaceutical company Valeant says it will sell common shares to raise roughly $1.75 billion in an effort to help pay for its US$8.7-billion acquisition of eye care company Bausch + Lomb.Debt financing will also be used to pay for the acquisition, Valeant said Monday in a news release.Valeant also said underwriters will also have an option, exercisable for a period of 30 days following the date of the final prospectus supplement, to purchase additional shares equal to up to 15 per cent of the common shares initially sold.The Quebec company has said the eye health market is extremely attractive, in part due to aging demographics, growing wealth in emerging countries and that spending is mostly outside of government payment restrictions.Bausch + Lomb is Valeant’s largest transaction to date.The company is paying US$4.5 billion to existing shareholders and assuming US$4.2 billion of new debt.The Canadian Press read more

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China tells Lanka to be cautious on proposals made by UNHRC

China has no hidden agenda, he emphasized. The entire 21 st. century Maritime Silk Road project is meant to promote development all across its route so that every country on the route benefits from it, he said. China is already opening up its projects in Lanka to non-Chinese participation to allay India’s fears about their strategic impact. Ambassador Yi Xianliang said that the Marketing Manager of the Chinese company executing the US$ 1.4 billion Colombo Port City project had gone to India recently and found that Indian companies were willing to invest in the mega project about which India had reservations earlier.However, Yi Xianliang made it clear that if foreign investment, including Chinese investment, is to come to Lanka, the island nation will have to put its house in order so that there is policy stability, the procedures are simple and there is no overlapping of authority. Policies should also not change with a regime change, as was the case when the Rajapaksa regime was replaced by the Srisena-Wickremesinghe government, he said.Dispelling the notion that China had exceptionally close ties with the Rajapaksa regime, the envoy said that China deals with Lankan state and not with any particular regime. If development is placed in the forefront, other conflicts and disputes in the region will not pose the kind of threat to regional stability as they do now, he reasoned. To illustrate, the envoy cited the Sino-Indian consensus on promoting economic cooperation while “managing and controlling the border dispute.”The envoy said that mutual antagonism in South Asia will be mitigated if China, India and Pakistan form an economic alliance and co-opt Lanka and other South Asian nations. Lanka and India should sign the Economic and Technical Cooperation Agreement (ETCA), he said and added that he had discussed a China-India-Pakistan-Lanka business link up with the Indian envoy in Colombo and found him to be responsive. On China’s unqualified support for Lanka at the UN Human Rights Council, which annoys the world human rights lobby, Ambassador Yi Xianliang said that China is against outside interference in domestic affairs. He also advised Lankan leaders to see that the reconciliation mechanisms suggested by the UNHRC do not themselves create new conflicts. He also said that it would be ill advised to put reconciliation before development because it is only all round equitable development which will prevent social, political and economic conflicts. (Colombo Gazette) He told the Regional Center for Strategic Studies that the common Lankan and Indian perception that Chinese projects are primarily meant to bolster China’s strategic interests in the region will be dispelled if they are Joint Ventures with local entities and foreign companies and run as commercial enterprises, the New Indian Express reported. China says it is against outside interference in domestic affairs and advised Sri Lankan leaders to see that the reconciliation mechanisms suggested by the UN Human Rights Council do not themselves create new conflicts.The Chinese Ambassador in Lanka, Yi Xianliang also said that China wants its projects in Sri Lanka to be Joint Ventures either with local Lankan companies and state organizations or with foreign companies, including Indian companies. read more

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Justin Bieber museum exhibit to open in Stratford Ont

A museum exhibit featuring mementoes from Justin Bieber’s life is set to open next month in his hometown of Stratford, Ont.“Steps to Stardom” will open at the Stratford Perth Museum on Feb. 18. The museum’s general manager, John Kastner, says organizers worked with Bieber’s grandparents, Diane and Bruce Dale, to curate a selection of items to be featured.The singer’s Grammy Award, microphones, a hockey bag, backstage passes, a personal letter from Michelle Obama, and a peewee hockey jacket inscribed with the nickname “Biebs” are among the items set for display. The majority of the items are part of Bieber’s grandparents’ personal collection. It will be one of the largest collections at the museum, with 50 to 75 pieces on display.Kastner says Bieber gave his approval of the the exhibit via text message. Just over one month ago, Kastner ran into the superstar at a local Tim Hortons and thanked him for all of the donated items.Kastner says Bieber was extremely kind and appreciative that the museum was going an exhibit. The exhibit will run for about two years. read more

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Alleged purse thief arrested by Halton police

A 46-year-old woman has been charged after a series of purse thefts targeting older women in Halton Region.Agnieszka Jeglenic, originally of Poland and now living in Mississauga, was arrested on Sept. 12.It’s alleged Jeglenic was involved in two thefts at two grocery stores in Burlington on Aug. 9. She has been charged with theft under $5,000, fraud and unauthorized use of a stolen credit card.Jeglenic was previously arrested for a theft at an Oakville grocery store in April. Halton police say they have received 88 reports of purse thefts since the beginning of November 2017. Police say the suspects create a distraction by bumping the victim’s shopping cart, ask for help or return money they claim was “found.” The thieves then take the victim’s purse or wallet from their shopping cart.Police are reminding residents to only carry the necessary identification such as driver’s licence or health card, and should try to minimize potential loss by leaving SIN cards, birth certificates and passports at home.If you become a victim of a purse or wallet theft, contact your bank, cancel your cards, and then call the Halton Regional Police to file a report.Anyone with information regarding purse thefts is asked to contact Detective Constable Derek Gray at 905-825-4747, ext. 2344. read more

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Target ups hiring to more than 130000 for holidays

MINNEAPOLIS — Target is hiring more than 130,000 people ahead of the critical holiday season, up 8% from last year.The retailer is doubling to 8,000 the number hires dedicated to handling online orders.While the jobs are described as season, Target said Tuesday that 40% of the 120,000 people hired last year stayed with the Minneapolis company after the holidays.Hiring has become more expensive for Target Corp. as it tries to improve the experience of shopping in its stores. All seasonal workers will receive a starting salary of $13 per hour after Target raised its minimum wage in June. Its goal is to pay a $15 minimum hourly wage by the end of next year.The Associated Press read more

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Hot capital markets boost secondquarter results for Canadas big banks

by Alexandra Posadzki, The Canadian Press Posted May 28, 2015 10:43 am MDT Last Updated May 28, 2015 at 6:11 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Strong returns from their capital markets businesses helped offset slowing growth in the domestic banking operations at most of the country’s top lenders in the second quarter.While debt-laden Canadian consumers have become hesitant to increase borrowing, causing a lull in loan growth, activity on the capital markets has been heating up. That has allowed the banks to generate substantial revenues through advisory and underwriting fees.Bank of Nova Scotia analyst Sumit Malhotra says companies raised $21.6 billion on the Toronto Stock Exchange between February and April — almost double the quarterly average of $11.6 billion seen over the last two years.In a note to clients, Malhotra said wholesale banking operations — which include investment banking, corporate lending and trading — have been outperforming the banks’ Canadian retail banking segments since the start of 2012.“Though the wholesale versus retail trade-off is not ideal, this is less of an issue for investors as long as consumer credit quality trends hold up well,” Malhotra said.Analysts tend to view revenues from the capital markets segment as more volatile and less sustainable than those derived from personal and commercial banking.Canadian Imperial Bank of Commerce (TSX:CM) says profits nearly tripled in the second quarter, with its wholesale banking and wealth management divisions leading the way.The bank reported second-quarter net income of $911 million, or $2.25 per share, on Thursday — up from $306 million or 73 cents a year ago, when the bank logged a $543-million impairment charge related to its Caribbean operations.Adjusted net income, which filters out one-time items, was $2.28 per share, beating analyst expectations by five cents per share.Royal Bank (TSX:RY), which also reported its quarterly results on Thursday, saw profits jump 14 per cent to $2.5 billion, or $1.68 per share, from $2.2 billion or $1.47 per share in the second quarter of last year. Adjusted net income was $1.63 per share — three cents higher than analysts had predicted.Barclays analyst John Aiken said the bank’s capital markets results were “exceptional,” with trading revenues up 13 per cent from the first quarter while advisory fees soared 25 per cent higher.“As we have seen with Royal’s peers this quarter, strong capital markets results were able to offset challenges facing the retail banking platform,” Aiken said in a note to clients.Meanwhile, TD Bank Group (TSX:TD) saw its net profits decline by seven per cent to $1.86 billion, or 97 cents per share, from $1.99 billion or $1.04 a share a year ago.But after filtering out one-time items — including a $337 million restructuring charge to trim its operations — adjusted earnings were up nearly five per cent to $2.2 billion, or $1.14 a per share, beating analyst expectations by three cents.During the quarter, the bank decided to close 24 existing branches, cancelled a number of planned branch locations and thinned out its management ranks as it looked to make itself leaner and more agile.“The restructuring is part of our ongoing focus on adapting to the current environment while building for the future,” TD’s chief executive Bharat Masrani told investors and analysts during a conference call Thursday.“Our operating environment remains challenging. Lower rates, a slowing Canadian economy, mixed recovery signals from the U.S., continued expectations for low oil prices and regulatory and legislative pressures in both the U.S. and Canada will continue to result in slower revenue growth.”TD was the second of the big five Canadian banks to log a restructuring charge. On Wednesday, the Bank of Montreal (TSX:BMO) reported it took a $106-million hit for slimming down some of its operations.Scotiabank will report its quarterly results Friday.Follow @alexposadzki on Twitter. Hot capital markets boost second-quarter results for Canada’s big banks read more

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Ohio State mens basketball announces nonconference schedule

Nov. 23Jackson State Nov. 17Providence OSU guard JaQuan Lyle (13) leads the offense in the Big Ten tournament against Penn State on March 10 in Indianapolis.Credit: Lantern File PhotoThe Ohio State men’s basketball team has been criticized in recent years for not scheduling high-major opponents in the nonconference season. Since the 2013-14 season when OSU did not play one ranked team until conference play, coach Thad Matta and the Buckeyes have shared the court with Louisville, North Carolina, Virginia, UCONN, Memphis and Kentucky. Only one of those games (Virginia) was played in Columbus.On Tuesday, OSU announced its 2016-17 nonconference schedule, which features two familiar high-major opponents, and two other prominent programs — at Virginia, versus UConn, versus Providence and in Las Vegas against UCLA.Providence will travel to Columbus for the first time in school history when the Friars and Buckeyes meet on Nov. 17, as a part of the Gavitt Tipoff Games between Big Ten and Big East schools. This is the first meeting between the two schools since the 1990 NCAA Tournament. The Friars lost their two leading scorers from last season to the NBA: guard Kris Dunn and forward Ben Bentil.Matta’s team lost last year at home to then-No. 6 Virginia 64-58 in a closely contested game, and OSU also suffered an embarrassing defeat at the hands of the UConn Huskies in Storrs, Connecticut, 75-55. Matta and company has its chance at revenge next season.On Nov. 30, OSU will travel to Charlottesville, Virginia, to face coach Tony Bennett’s Virginia Cavaliers in the ACC/Big Ten Challenge. Virginia lost its two best players in ACC player of the year and defensive player of the year Malcolm Brogdon and Anthony Gill. However, three-point mastermind Logan Perentes returns with Memphis’ former leading scorer Austin Nichols, who is now eligible after sitting out a year because of the NCAA transfer rule, and four recruits in ESPN’s top 100 for 2016. OSU hosts UConn on Dec. 10 at the Schottenstein Center, completing its home-and-home series with the Huskies. Coach Kevin Ollie’s team loses three of its top four scorers but owns the ninth-ranked 2016 recruiting class, according to ESPN.In the final year of the CBS Sports Classic, OSU tips off against UCLA on Dec. 17 in Las Vegas. UCLA owns the sixth-ranked 2016 recruiting class, according to ESPN, and the Bruins return four starters.Each pivotal nonconference opponent has a roster that will undergo some change whereas the Buckeyes return its six leading scorers from last season.A young OSU team in 2015-16 couldn’t capitalize on teams inside the RPI top 50. The Buckeyes were just 2-10 in those games, including 1-8 versus the RPI top 25.Despite a poor resume, a nonconference win in Brooklyn, New York, versus then-No. 4 Kentucky held OSU’s NCAA Tournament hopes from the unfathomable. In 2016-17, a strong nonconference showing could be the Buckeyes’ best friend come next March. Dec. 6Florida Atlantic Nov. 30@ Virginia Nov. 21Western Carolina Nov. 11@ Navy Nov. 25Marshall Dec. 10Connecticut Dec. 3Fairleigh Dickinson Dec. 17vs. UCLA (Las Vegas) Dec. 20Youngstown State Nov. 14NC Central Dec. 22UNC-Asheville read more

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Jerry Sandusky In Prison With Death Row Inmates

The new home of Jerry Sandusky, the former Penn State assistant coach who was found guilty on 45 counts of child sexual abuse, is an institution in far southwestern Pennsylvania that includes most of the state’s death row inmates.The Corrections Department said Sandusky was transferred to Greene State Prison after being evaluated at a facility outside Harrisburg. Prison officials said he will be housed in protective custody because of the vast publicity surrounding his case.“We make individual decisions based on facts,” Corrections Secretary John Wetzel said in a written statement. “Given the high profile nature of this individual, coupled with the nature of his crimes, this makes him very vulnerable in a prison setting.”Sandusky was convicted this summer of 45 criminal counts for sexual abuse of 10 boys during more than 15 years. He has maintained his innocence and is pursuing appeals.At 68, the 30- to 60-year sentence imposed Oct. 9 means he faces the likelihood of dying in prison.Here are some specifics about his prison time:He will not have a cellmate and will be subject to heightened supervision and an escort when not in his cell. He will get an hour of individual exercise five days a week and three showers a week.He will eat meals in his cell. Prison services such as counseling, religion, medications and treatment programming also will occur in his cell.All visits will be non-contact, meaning no touching is allowed. He may have a TV, radio and other property, according to the Corrections Department, if he is deemed to be in “compliant adjustment.”Messages left for his attorneys were not immediately returned Wednesday.The State Correctional Institution at Greene, as it is formally known, is a maximum-security prison that houses 1,800 inmates and employs 700 people.Sandusky was arrested a year ago after a lengthy investigation, along with two university administrators accused of lying to the grand jury that handled the Sandusky case and failing to properly report his suspected child abuse. read more

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Age discrimination is rife in Britain UCL study finds as one in

Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. Age discrimination is rife in Britain according to a new UCL study which shows that one in four over 50s report being unfairly treated in shops, restaurants and hospitals.Ageism also appeared to be linked to poorer health among those it affected, the study shows, with reported victims of age discrimination more likely to suffer health problems, or develop them over time.The findings have been published in the English Longitudinal Study of Ageing, which surveyed more than 7,500 people over the age of 50 and followed their progress for six years.Participants were asked to respond to statements such as “you are treated with less respect or courtesy”, “you receive poorer service than other people in restaurants and stores”, and “you receive poorer service or treatment than other people from doctors or hospitals”.They were also questioned about their experiences of being thought “not clever” or being threatened or harassed.A total of 1,943 of the respondents said they had been affected by age discrimination.Members of this group were more likely to rate their health as “fair or poor” than those who had not encountered ageism. They were also more likely to suffer from depressive symptoms or debilitating long-term illnesses, and to go on to develop serious conditions such as diabetes, heart disease, or chronic lung disease. The findings are published in The Lancet Public Health journal. Age discrimination in health services could mean that older patients are not receiving the best possible standard of care, the study suggests. Age bias is a common feature of some treatments, according to the authors.Older cancer patients are said to be less likely than their younger counterparts to receive potentially curative therapies, or to be included in trials for drugs to treat heart disease. Louise Ansari, Director of Communications and Influencing, Centre for Ageing Better, said: “No one in later life should be made to feel like a second class citizen.”“It is completely unacceptable that age-discrimination should play a role in our society, but sadly it’s still all too common.”She said that ageist attitudes and age discrimination does not just affect health and that older workers feel discriminated against in thejob market where 14% of employees aged 50 or older think they have been turned down for a job due to their age.“Across healthcare, the job market, housing, and other areas of life, providers of goods and services need to change their mindset and wake up to the fact that the number of people aged 65 and over is set to grow by more than 40%, reaching over 17 million by 2036,” Ms Ansari added.Dr Sarah Jackson, from University College London, author of the report, said: “As a society, we need to increase public awareness of what constitutes ageism and how it can affect health and well-being so we can build collective movements, like those that brought about legislative and social change for other forms of discrimination.”On a clinical level, raising the issue of age discrimination with older patients could help to identify those at risk of future health problems.” read more

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IAMGOLD and Alamos trust Gekkos ILR

first_imgGekko Systems launched the InLine Leach Reactor (ILR) in 1997 as the world’s first commercial intensive leach production unit. Since then, the ILR has become the market leader with over 150 units installed globally in 40 countries, Gekko reports.“The ILR’s unique design allows mine operators to produce gold and silver doré on-site at the highest unit recoveries of any concentrate treatment option available. These and other advantages offered by Gekko’s ILR attracted the interest of mining companies such as IAMGOLD and Alamos Gold.Last year Gekko received a new order for an ILR5000BA from IAMGOLD Corporation for its Essakane operation in Burkina Faso, West Africa. The ILR, packaged with EW, complements the existing gravity circuit and replaces the gravity tables, producing pregnant solution at much higher efficiencies for EW.The order follows evaluative testwork conducted in-house and independently by IAMGOLD, which indicated high recoveries of gold into solution. Gekko’s ILR is expected to increase overall plant performance and contribute to optimise plant costs, whilst providing an automated and secure process for operations.Gekko’s Performance Consulting Team has completed the expansion project at Alamos Gold’s Mulatos operation in Mexico, shown in the picture. Commissioned in July, Gekko’s biggest InLine Leach Reactor (ILR10000BA) is an expansion of the concentrate treatment plant previously supplied by Gekko in 2011.High-grade materials are treated separately from the heap leach operation in a dedicated gravity/flotation plant and treated within the large intensive leach area, with solutions reporting directly to EW.The commissioning was completed successfully, and handed over to operations in the allocated time frame, with production commencing during the visit, in conjunction with operators.last_img read more

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Draghi ECB hasnt yet considered whether Irish deal is legal

first_imgUpdated, 14:16THE PRESIDENT of the European Central Bank has said his institution has not yet considered whether the arrangements between the Central Bank of Ireland and the Irish government are in breach of European law.Mario Draghi also appeared to differ from the Department of Finance on his understanding of the deal – saying the deal to swap promissory notes for Irish government bonds would see the Central Bank of Ireland sell the bonds as soon as it could.Speaking to the Economic and Monetary Affairs Committee of the European Parliament, Draghi said the meeting of the ECB’s Governing Council earlier this month did not need to formally approve the Irish arrangement because the ECB was not a party to it.“This is a transaction between the Irish government and the Central Bank of Ireland,” Draghi said. “The Governing Council didn’t have to pass a judgment on this.”He said, however, that the legality of the deal – and whether it was in breach of the EU treaties, which forbid central banks from creating money to assist individual governments – had not yet been appraised.“It will do so, however, in the context of the yearly assessment of monetary financing situations in the different banks and the different members of the Eurosystem.”Draghi later said that if it was determined that the deal was illegal, the ECB would “see what remedial legal action has to be taken”.A spokesman for the ECB told TheJournal.ie this afternoon that those appraisals are usually carried out when the ECB’s annual report is compiled in spring each year.This would indicate that no authoritative test on the legality of the Irish deal might not be undertaken for another 12 months.“There will be a time where there will be an assessment from the perspective of Article 123 [the article which bans ‘monetary financing’ by central banks] but not at this point in time,” Draghi told MEPs.Draghi and Dublin differ on disposalSpeaking positively of the Irish deal, Draghi said the arrangement had eliminated a “huge” system of emergency loans to Irish banks “which had been going on for many years”.“From this viewpoint, the [emergency lending] has disappeared and there are some tradeable government bonds,” he said.However, in what could be a crucial differing between the ECB and the Irish government, Draghi said the Central Bank of Ireland would sell its €25 billion of government bonds – obtained in exchange for the promissory notes – “as soon as possible, compatible with financial market stability”.This is dramatically different from the Department of Finance’s documentation on the deal, which claims there are annual limits on the volume of bonds that the Central Bank would sell every year.Limits imposed by Ireland mean the Central Bank can only sell €2.5 billion of bonds before the end of 2018, with €1 billion each year thereafter until 2023 and a limit of €2 billion a year from 2024 onward. As a result, the Central Bank could not finish selling off the bonds until 2023.This is crucial for Ireland, because the government will only pay an effective interest rate of 0.75 per cent on the bonds for as long as they are held by the Central Bank – whose profits are eventually returned to the Exchequer anyway.Draghi acknowledged that the “disposal policy of the Central Bank of Ireland of these bonds” would be “crucial in the future”.The Central Bank, responding to the deal two weeks ago, had also said the bonds would be sold “as soon as possible, provided that conditions of financial stability permit” – but that it would do so in full compliance with the rules that block central banks from funding governments.Read: German central bank says promissory note deal is ‘problematic’last_img read more

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