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Old methods die hard

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Airbus to suspend production in France and Spain

first_imgAirbus is stopping production and assembly activities at its plants in France and Spain for the next four days as governments there implement new measures to restrict movements and fight the coronavirus outbreak, the planemaker said on Tuesday.The move appears to mark the most serious across-the-board disruption in Airbus production since a strike at then British partner BAE Systems in 1989, apart from problems with individual programs like the Airbus A380 or A400M military aircraft.”This will allow sufficient time to implement stringent health and safety conditions in terms of hygiene, cleaning and self-distancing, while improving the efficiency of operations under the new working conditions,” Airbus said in a statement. Reuters exclusively reported on Monday that Airbus had drawn up contingency plans to slow or stop production if France was placed under a drastic lockdown due to coronavirus.France’s aerospace capital of Toulouse is home to Airbus’s largest assembly plants as well its headquarters.Factories in Britain, where Airbus makes wings, or Germany, where it has its second-largest cluster of assembly lines, can continue to operate for several days, but the rate at which they will produce parts and assemble jets has not been announced.Deliveries have already been disrupted as crisis-hit airlines hold back from taking possession of aircraft in order to conserve cash, industry sources say.  Topics :last_img read more

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Government in partnership talks with more start-ups amid preemployment card controversy

first_imgIn providing online courses to help the participants upskill and reskill themselves, the government currently partners with eight start-ups, including Skill Academy, which is owned by e-learning platform Ruangguru, Pintaria and MauBelajarApa. The participants will use the money transferred to their e-wallet to pick and purchase any training they need.However, the pre-employment card, which is aimed mainly at offering relief for laid-off workers and owners of small businesses hit hard by the COVID-19 outbreak, has been subject to criticism. The public accused the management of a conflict of interest for partnering with a start-up linked to an expert staff member of President Joko “Jokowi” Widodo.Read also: Govt introduces new social benefits as 2.8 million lose jobsIn response to the controversy, the expert staffer in question, Adamas Belva Devara, who is also the CEO of Ruangguru, resigned on Tuesday, despite explaining that he had not been involved in any partnership discussion or the appointment of Ruangguru as a partner in the program. The government is in talks with four start-ups to forge partnerships for the preemployment card program as it wants to add more online courses despite recent backlash over the program’s partner selection process and courses.The program management’s president director, Denni Purbasari, said adding new partners was intended to encourage more start-ups to grow. It was expected to take four to eight weeks to evaluate whether a company was suitable to be a partner in the program.“I believe competition will promote innovation, it will push the price to be competitive and encourage more training institutions to partner with the program,” Denni said in an online briefing on Wednesday. “There will be more options for small training institutions to work with the partners.” Denni admitted that there was no open selection process prior to the existing partners’ appointments. Her office chose the start-ups because they had a national network, the necessary information and technology capacity, suitable courses and partnerships with training institutions, among other things.Furthermore, the program management had held consultations with tech companies, researchers, labor unions, the Indonesian Chamber of Commerce and Industry (Kadin), the Indonesian Employers Association (Apindo) and representatives from more than 50 companies before the appointments, according to Denni.“Ruangguru’s core business is selling courses, and it is big,” said Denni, who previously served as the Executive Office of the President’s economic advisor. “We cannot ignore this fact.”Aside from Skill Academy, the program management is also partnering with a government agency and six other companies, including e-commerce firms Bukalapak and Tokopedia, to provide more than 1,500 courses.Read also: Sewing masks to silky pudding making: Training available with preemployment cardFollowing its launch on April 11, the preemployment card has attracted more than 7.6 million applicants as of Wednesday. With Rp 20 trillion (US$1.2 billion) in allocated funds, the program aims to cover 5.6 million recipients this year. Only 168,111 participants were admitted in the first phase, while the rest would be admitted in later ones.Under the program, each recipient will get Rp 3.5 million worth of benefit, which will be disbursed in stages. To ensure they take the online courses, the program management will first disburse Rp 1 million to each recipient to pay for courses. After completing the training, the recipients will get Rp 600,000 in monthly benefits for four months on top of a Rp 150,000 incentive for participating in job surveys.Office of Coordinating Economic Minister secretary Susiwijono Moegiarso said the preemployment card was the only government aid targeted to support laid-off and furloughed workers in both the formal and the informal sector as well as the owners of small businesses.“The number of applicants has reached 7.6 million in just 12 days, reflecting the public’s extraordinary response,” Susi said in the same online briefing on Wednesday. “On the other hand, we are also empathizing with the many people in need of the assistance.”Denni said the program was also preparing to accommodate hundreds of thousands of youth entering the workforce in June as they finished senior high school but did not immediately move on to college. They might struggle to find a job as the economy was taking a downturn due to the outbreak.According to data updated on Monday by the Manpower Ministry, as many as 2.2 million workers reported that the outbreak had affected their jobs. More than half of them were formal-sector workers furloughed by 43,690 companies.“Laying off is an emergency measure when no other measures are feasible,” Manpower Minister Ida Fauziyah was quoted as saying in a statement released on Wednesday. “But we are encouraging firms to try measures such as eliminating overtime, reducing working hours or furloughing workers in turn while paying them half.”Topics :last_img read more

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CanSino to start Phase III trial of COVID-19 vaccine in Saudi

first_imgSaudi Arabia will soon begin Phase III clinical trials on around 5,000 people for a COVID-19 vaccine developed by China’s CanSino Biologics Inc, a Saudi health ministry spokesman said on Sunday.Last month, CanSino’s co-founder said the company was in talks with Russia, Brazil, Chile and Saudi Arabia to launch a Phase III trial of the vaccine candidate, Ad5-nCOV.The vaccine uses a harmless cold virus known as adenovirus type-5 (Ad5) to carry genetic material from the coronavirus into the body. Topics : Researchers said last month that CanSino’s vaccine, co-developed with China’s military research unit, appeared to be safe and induced immune responses in most subjects.Saudi Arabia plans to test the vaccine alongside a placebo on 5,000 volunteers and is currently preparing trials in the cities of Riyadh, Dammam and Mecca, Saudi state news agency SPA said on Saturday.No COVID-19 vaccine has been approved for commercial use.CanSino’s candidate became the first in China to move into human testing in March but other potential vaccines developed by Sinovac Biotech and a unit of China National Pharmaceutical Group (Sinopharm) have already been approved for Phase III trials overseas.last_img read more

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Ian Wright gives advice to Arsenal and Mikel Arteta ahead of Manchester City clash

first_imgIan Wright has explained how Arsenal must look to rattle Manchester City (Picture: Premier League)Ian Wright has offered his advice to Arsenal and Mikel Arteta ahead of the club’s Premier League clash against Manchester City.After a lengthy suspension due to the coronavirus pandemic, Premier League football resumes on Wednesday evening with Aston Villa facing Sheffield United and Arsenal travelling to defending champions Man City.Arsenal’s trip to the Etihad represents a significant fixture for more than one reason, with Gunners boss Arteta set to return to his former club for the first time since he left his role as Pep Guardiola’s assistant to replace Unai Emery at the Emirates.Asked whether Arsenal could benefit from the fact the game will be played behind-closed-doors, Gunners legend Wright said: ‘Maybe, but at the same time we’re talking about a Manchester City team that have top players in all positions.AdvertisementAdvertisementADVERTISEMENT‘When players are playing in an atmosphere where you don’t feel the intense pressure of having to appease the fans, they relax even more.‘Arsenal have to go there and really put them under pressure. They have to let Man City know that even though there’s no fans they are really going to make this difficult for them. Arteta will return to his former club with Arsenal this week (Picture: Getty)‘If you sit off teams and switch off against players like De Bruyne and Aguero, you’re going to get punished.’Wright added to Premier League productions: ‘You have to ignore the lack of atmosphere and deal with the players for what they are and how good they are and what they are capable of doing.’Arsenal are ninth in the Premier League – eight points behind fourth-placed Chelsea – ahead of the resumption of the season, while City are second but 25 points adrift of champions-elect Liverpool.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.MORE: Pierre-Emerick Aubameyang says it’s up to Arsenal to convince him to sign new dealMORE: Danny Murphy rates Arsenal’s top-four chances ahead of Premier League restart Advertisement Ian Wright gives advice to Arsenal and Mikel Arteta ahead of Manchester City clash Advertisement Metro Sport ReporterSunday 14 Jun 2020 1:31 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.1kShares Commentlast_img read more

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Auctions are springing into action as results rise along with the temperature

first_imgSamantha & Lachlan Stevens are auctioning their Coorparoo home to take full advantage of the spring selling season. Photo: AAP Image/Steve PohlnerTHE spring selling season has taken hold.CoreLogic analysis showed the number of properties going to auction rose 12 per cent in the first week of spring compared to the last week of winter.CoreLogic auction commentator, Kevin Brogan, said the climate motivated buyers and sellers.“It comes down to people’s willingness to go outdoors during inclement weather,” Mr Brogan said.“You’ve got the expression ‘Spring Cleaning’ — people looking to make a fresh start in spring,” he said.And as Brisbane’s market heats up, expect to see even more auction activity.Mr Brogan said hot markets also fuelled auctions because properties gained value during their campaigns. “If you’ve got a market that is rising rapidly and you’re a vendor, you actually want to flush out the people who are willing to pay,” he said.LJ Hooker manager, Ryan Ellem, said their network had already seen strong spring auction results.“We’ve seen an eight per cent increase in auctions this weekend compared to the previous month’s average,” Mr Ellem said.Place Bulimba agent, Shane Hicks, said spring was also the best time to plan for the New Year.“When I sign up an auction, I talk as much about the settlement date as the auction date.” Mr Hicks said.“Spring is when the gardens look great, the lawns look great and there’s a real feeling in the air from both buyers and sellers that they want this all done and dusted by Christmas,” Mr Hicks said.Lachlan Stevens, 29, and his wife Samantha, 27 will auction their home at 46 Temple St, Coorparoo on October 14.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour ago“In my opinion, I probably wouldn’t consider anything else but an auction in the current climate,” Mr Stevens said.Mr Stevens said they wanted to present their three-bedroom worker’s cottage at its best and spring was the perfect time as gardens came into bloom.“We’ve got two big deciduous trees in the back yard that are coming into flower and a frangipani tree in the front yard starting to push its leaves now and that should be in flower by the time the auction is on,” Mr Stevens said.They timed the auction to ensure a buyer could settle by Christmas.“They’ve got time off and can make their own changes to the home — people have got time to style it,” he said. John and Lyn Reynolds say their penthouse apartment in the Valley’s historic McWhirters Building is a great fit for a spring auction event Photo: AAP Image/Claudia BaxterJohn and Lyn Reynolds were drawn to a spring auction of their McWhirters penthouse at 606/38 Warner Street, Fortitude Valley which goes under the hammer at 10am on Friday October 6.“You have so much fresh air and daylight, looking out over balcony,” he said.“You go out into an atrium that instead of being blocked in, it’s open so you get beautiful fresh air and blue sky,” he said.Mr Reynolds said their apartment was perfect for young buyers with spring on their mind.“People who are alive and energetic and like music, good food and entertainment. The atmosphere here has been really alive. It really brings you a sense of energy,” Mr Reynolds said.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

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Danish pension fund ATP invests €475m in Belgian real estate

first_imgHe said: “We have previously announced that ATP Real Estate will increase its focus on this type of real estate assets in both Denmark and internationally.”The joint venture bought shares in the company that owns the property from listed Belgian group Cofinimmo.Late last year, Nielsen told IP Real Estate ATP was moving away from investments in funds and looking for greater, more direct control over its investments.“We have moved away from fund investment, simply because we find that, by investing directly, we can be in better control – in terms of where we put our money, when we buy, how we manage the investment and when we exit it,” Nielsen said, adding that pricing for core deals – such as North Galaxy – was “getting more and more aggressive”.ATP has a property allocation of DKK4.6bn (€616m), with 40% of this in direct investments in Denmark and 60% of it invested in Europe and the US.Brussels investment volumes rose last year to €2.17bn, up 7% on 2012 and at its highest level since 2008, according to Savills.Despite the city’s high vacancy (9.5%), the office sector has attracted international investors. In a joint venture with Hannover Leasing, Chinese institutional Gingko Tree paid €300m for the Belair scheme development. Danish pension fund ATP has bought a Brussels office property in a joint venture with local institution AXA Belgium.The 90/10 partnership paid €475m for the North Galaxy asset in the north of the Belgian capital, let to Belgium’s Ministry of Finance on a long-term lease.The deal is ATP’s first with AXA Real Estate, which will manage the 151,000 sqm property on behalf of the joint venture.ATP Real Estate chief executive Michael Nielsen said the core investment matched the fund’s pursuit of “long and stable cash flows from well-located properties with low risk”.last_img read more

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Smacking a child does not transform a parent into a criminal (Aust)

first_imgThe Advertiser 21 March 2016Family First Comment: Well said! “It is very important that parental conduct which is not considered unreasonable in the Australian community should not be stigmatised as criminal offending in a criminal court.”AN Air Force pilot’s conviction for smacking his son, 12, has been overturned because causing pain during discipline does not “transform” a parent into a criminal, a court has ruled.On Monday, Supreme Court Justice David Peek quashed the pilot’s conviction for aggravated assault, saying his trial was “misdirected” on “the issue of parental correction”.In his judgment, Justice Peek said slaps the pilot delivered to his son’s thigh, leaving “redness” but no bruise, were “not unreasonable” and for the purpose of correcting misbehaviour.“The suffering of some temporary pain and discomfort by the child will not transform a parent attempting to correct a child into a person committing a criminal offence,” he said.“Indeed, the very suffering of temporary emotion may be calculated to impress the child and correct the behaviour, just as much as the accompanying physical discomfort.“Some level of pain is permissible, and in the present case there was little … the mere existence of red marks caused by the punishment does not prove unreasonable correction.“It is very important that parental conduct which is not considered unreasonable in the Australian community should not be stigmatised as criminal offending in a criminal court.”READ MORE: read more

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Ward is mid-season king at Tri-City

first_imgAUBURN, Mich. (July 3) – A.J. Ward was the fourth and final Main Street Seed and Supply IMCA Modified leader on mid-season championship night at Tri-City Motor Speedway.Rich Young led the opening lap before pole sitter Frank Evans III tried his hand at the front of the field. By lap four, Craig Vance worked his way to the lead by using the bottom groove.Vance led until lap 12, when Ward used the high side momentum to carry his machine to the point. Ward then cruised to victory for the first time in five weeks.Vance, Joe Fowler, “B” winner Myron DeYoung and dash winner Toby Steele made up the remainder of the top five.last_img read more

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SPI announces Late Model format for season-ending races

first_imgBy Jerry MackeyFARLEY, Iowa – Simmons Promotions of Farley, owner/operators of the Farley Speedway and contract holders for racing events at the West Liberty Raceway and Dubuque Speedway, will be offering IMCA Late Model competitors an opportunity to earn record-setting prize money for a weekly racing program.SPI has long been the innovative trend setters in racing in Eastern Iowa, for example SPI was the first in Eastern Iowa to utilize the exciting double file restarts, since the introduction by SPI, double file restarts have become the standard in Iowa racing. SPI was also the first to establish the popular Tri-Track Challenge offering more money to Late Model competitors than any other tracks in the area.The next innovative move will be a double feature format for the IMCA Late Models with extra racing for the fans and extra money for the drivers with one trip to the track. Following heat races and the first Late Model feature being qualified for, the first of two 25-lap main events will be run.The winner in victory lane will draw a pill, which will set the lineup for the second feature. The possible number of cars inverted for the second feature will be three rows, six rows or all cars on the lead lap.IMCA points will be awarded only for the first feature.The final six racing events of the season at the SPI tracks will utilize this format, the dates are as follows: Farley Speedway, Aug. 19 and 26; West Liberty Raceway, Aug. 20 and 27; and Dubuque Speedway, Aug. 21 and 28.last_img read more

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