This post was written as part of the IBM for Midsize Business program, which provides midsize businesses with the tools, expertise and solutions they need to become engines of a smarter planet.Recently I dropped into a salesperson’s sales force automation to look at a couple of opportunities. What I found was disappointing.The first deal had five stakeholders attached to it. I was inspired. But other than names and contact information, there was nothing useful there. There was a record of the dates and times of meetings and phone conversation, but not a word regarding the content of those calls. The salesperson lost the opportunity the last time they competed for it, and what I found in the sales force automation was less than helpful in understanding what happened or why.The second opportunity was worse. There was only one stakeholder on the deal, and that one was from outside of the company. There wasn’t single note, but there was an attachment. That attachment was the pricing they emailed the prospective client. Uninspiring.You hate your sales force automation because you believe it only serves management and their forecasts, and you’re mostly right. You hate it because you think it is unnecessary data entry work, and you couldn’t be more wrong.How To Use Your Sales Force AutomationIn that first deal, I wanted to know what each of the stakeholders wanted or needed, what were their individual preferences, who was engaged, who had influence, who had authority, at what stage of the buying cycle they were in, what were their challenges, what would motivate them to buy, what would keep them from supporting us, the questions they asked in meetings, and any email correspondence (which could have easily been forwarded to the software).I would want to know who won the deal last time, why they won, and any communication that occurred with the company between the date the salesperson lost the deal and the day I popped in to look at it.Your sales force automation is a record of your relationships. As you sell, you gather tons of information, information that may later prove useful, information that may later help you appear as if you have command of the details, information that gives you context for future discussions.Don’t be lazy. Don’t be short-sighted. Use your sales force automation to help you sell better. You’ll soon discover that management buys it for the forecasts, you use it to help you manage your relationships and win deals.QuestionsDo you use your system like it belongs to you or your management?Who made the decision to use it that way? Is it serving you?What records would keep? Where should you keep them?No matter how good you believe your memory is, it’s not better than a computer.
Over a week after they showed black flags to Gujarat Chief Minister Vijay Rupani during his visit to the city, three students of Lucknow University may face administrative action. The university administration has served show-cause notice on them, saying their action “not only affected the peace and order but also tarnished the university’s image.”The three students were among the seven arrested after they showed black flag as Mr. Rupani’s convoy passed on October 15. They were protesting against the violence unleashed on migrant workers from Uttar Pradesh and Bihar in Gujarat.‘Fear and terror’ The university said the act showed the students were out to create an “atmosphere of fear and terror” on the campus and in the city. The students are Amar Yadav, B.A. first year; Anurag Pal, M.A. first year; and Mahendra Yadav, M.A. first year. They are also members of the Samajwadi Chhatra Sabha, the students wing of the Samajwadi Party.Mahendra accused the university of being vindictive as the administration had taken action against the protesters. Moreover, the protest was staged 200 metres away from the university, near Hanuman Setu. “We were raising our voice against the violence faced by migrant workers in Gujarat,” he said. Mahendra was among the eight who spent almost a month in jail last year for showing the black flag to Chief Minister Yogi Adityanath. While the notice does not specify the quantum of punishment, it says their admission will be cancelled if they fail to respond to the notice.LU spokesperson N.K. Pandey said the university would decide on the punishment on the basis of their explanations. He admitted that the incident did not take place on the campus, but the university’s disciplinary rules applied to them as they were still students.”If you are doing it (waving black flags), being a student and in front of the university, it does reflect on the image of the university on what we are doing academically. Are we producing these kinds of students,” Mr. Pandey asked.
Three people, including an Indian-origin man, were sentenced for their roles in creating and operating two botnets that targeted Internet of Things (IoT) devices and brought down thousands of computers two years ago in the United States and Europe.After an extensive investigation, the Federal Bureau of Investigation (FBI) found Paras Jha, 22, of Fanwood, New Jersey; Josiah White, 21, of Washington, Pennsylvania; and Dalton Norman, 22, of Metairie, Louisiana, guilty of staging cybercrime. The three were sentenced by Chief U.S. District Judge Timothy M. Burgess on Sept. 18.The FBI said the trio created Mirai botnet that took control of thousands of IoT devices and caused many websites across the United States and Europe to go down in September 2016. After cooperating with the FBI, Jha, White, and Norman were each sentenced to a five-year probation, 2,500 hours of community service, and were ordered to pay restitution of $127,000. They have voluntarily abandoned significant amounts of cryptocurrency seized during the course of the investigation, according to a statement by the FBI.As part of their sentences, they will have to cooperate with the FBI on cybercrime and cybersecurity matters, as well as give continued assistance to law enforcement and the broader research community. According to court documents, the defendants provided assistance that contributed to complex cybercrime investigations as well as the broader defensive effort by law enforcement and the cybersecurity research community.The three pleaded guilty in December 2017 in the District of Alaska to conspiracy to violate the Computer Fraud & Abuse Act in operating the Mirai botnet. Jha and Norman also pleaded guilty to two counts each of the same charge, one in relation to the Mirai botnet and the other in relation to the Clickfraud botnet.The involvement of the three men with the original Mirai variant ended in September 2016, when Jha posted the source code for Mirai on a criminal forum. Since then, other criminal actors have used Mirai variants in other attacks.From December 2016 to February 2017, Jha, Brown, and Norman successfully infected over 100,000 computing devices, mainly U.S.-based, such as home Internet routers, with a malware that hijacked the devices to form a powerful botnet. These devices were then used primarily in advertising fraud, including “clickfraud,” a type of Internet-based scheme that makes it appear that a real user has “clicked” on an advertisement for the purpose of artificially generating revenue.“Cybercrime is a worldwide epidemic that reaches many Alaskans,” U.S. Attorney Bryan Schroder said in a statement. “The perpetrators count on being technologically one step ahead of law enforcement officials.” Related ItemsCybersecurityMalware
Farmers continue to burn stubble despite banVolume 90%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsPlay/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemSeek %0-9Live00:0001:1501:15 There has been a spike in agricultural fires — a phenomenon that’s known to worsen air pollution — in Punjab in September, significantly more than in the same month last year.Krunesh Garg, member-secretary, Punjab Pollution Control Board, said there were 107 fires from September 24-26. In 2018 there were only 11 fires during the same period. However, in 2016 and 2017 there were 106 and 150 fires respectively from September 27-30.Mr. Garg said last year’s numbers were unusually low because paddy harvesting was delayed due to the persistence of the monsoon. “Last year, the onset of monsoon was late and it persisted well into October. This year, harvesting of basmati varieties of rice has already begun, hence the apparent rise in September,” he said.Agricultural fires, in which farmers set fire to their fields after harvesting paddy, tend to begin around late September and peak around the last week of October by which time farmers have harvested most of their paddy. There were 80,879 fire incidents detected during the paddy harvesting season in 2016, 43,660 in 2017 and about 40,000 in 2018. “There was a 10% reduction last year from 2017 and we expect around the same reduction this year,” Mr. Garg said. Watch | Farmers continue to burn stubble despite ban Punjab’s fires tend to worsen Delhi’s pollution as particulate matter floats into the city, affecting the already polluted winter air.The Centre and Punjab, Haryana and Uttar Pradesh had — over several meetings last year — declared a “zero tolerance” policy on stubble burning by farmers which, according to various studies, contributes anywhere from 17% to 78% to the particulate matter emission load in Delhi during winter.Last year, the Union Agriculture Ministry earmarked ₹591 crore for disbursal to Punjab, Haryana and U.P. to help farmers access machines that collect or plough the stubble back into the soil.A senior official in the Union Agriculture Ministry said in spite of subsidies, the implements were “expensive” for the farmers and thus it was cheaper for them to set chaff ablaze.(With inputs fromPriscilla Jebaraj)
DefinitionTraumatic amputation is the loss of a body part — usually a finger, toe, arm, or leg — that occurs as the result of an accident or injury.Alternative NamesLoss of a body partConsiderationsIf an accident or trauma results in complete amputation (the body part is totally severed), the part sometimes can be reattached, especially when proper care is taken of the severed part and stump.In a partial amputation, some soft-tissue connection remains. Depending on the severity of the injury, the partially severed extremity may or may not be able to be reattached.There are various complications associated with amputation of a body part. The most important of these are bleeding, shock, and infection. See also: WoundsThe long-term outcome for amputees has improved due to better understanding of the management of traumatic amputation, early emergency and critical care management, new surgical techniques, early rehabilitation, and new prosthetic designs. New limb replantation techniques have been moderately successful, but incomplete nerve regeneration remains a major limiting factor.Often, the patient will have a better outcome from having a well-fitting, functional prosthesis than a nonfunctional replanted limb.CausesTraumatic amputations usually result directly from factory, farm, or power tool accidents or from motor vehicle accidents. Natural disasters, war, and terrorist attacks can also cause traumatic amputations.SymptomsA body part that has been completely or partially cut offBleeding (may be minimal or severe, depending on the location and nature of the injury)Pain (the degree of pain is not always related to the severity of the injury or the amount of bleeding)Crushed body tissue (badly mangled, but still partially attached by muscle, bone, tendon, or skin)First AidadvertisementCheck the persons airway (open if necessary); check breathing and circulation. If necessary, begin rescue breathing, CPR, or bleeding control.Try to calm and reassure the person as much as possible. Amputation is painful and extremely frightening.Control bleeding by applying direct pressure to the wound. Raise the injured area. If the bleeding continues, recheck the source of the bleeding and reapply direct pressure, with help from someone who is not tired. If the person has life-threatening bleeding, a tight bandage or tourniquet will be easier to use than direct pressure on the wound. However, using a tight bandage for a long time may do more harm than good.Save any severed body parts and make sure theystay with the patient. Removeany dirty material that can contaminate the wound, if possible.Gently rinse the body part if the cut end is dirty.Wrap the severed part in a clean, damp cloth, place it in a sealed plastic bag and place the bag in ice cold water.Do NOT directly put the body part in water without using a plastic bag.DoNOT put the severed part directly on ice. Do NOT use dry ice as this will cause frostbite and injury to the part.If cold water is not available, keep the part away from heat as much as possible. Save it for the medical team, or take it to the hospital. Cooling the severed part will keep it useable for about 18 hours. Without cooling, it will only remain useable for about 4 to 6 hours.Keep the patient warm.Take steps to prevent shock. Lay the person flat, raise the feet about 12 inches, and cover the person with a coat or blanket. Do NOT place the person in this position if a head, neck, back, or leg injury is suspected or if it makes the victim uncomfortable.Once the bleeding is under control, check the person for other signs of injury that require emergency treatment. Treat fractures, additional cuts, and other injuries appropriately.Stay with the person until medical help arrives.Do NotDo NOT forget that saving the persons life is more important than saving a body part.Do NOT overlook other, less obvious, injuries.Do NOT attempt to push any part back into place.Do NOT decide that a body part is too small to save.Do NOT place a tourniquet, unless the bleeding is life threatening, as the entire limb may be harmed.Do NOT raise false hopes of reattachment.Call immediately for emergency medical assistance ifIf someone severs a limb, finger, toe, or other body part, you should call immediately for emergency medical help.PreventionUse safety equipment when using factory, farm, or power tools. Wear seat belts when driving a motor vehicle. Always use good judgment and observe appropriate safety precautions.ReferencesHalluska-Handy M. Management of amputations. In: Roberts JR, Hedges JR, eds. Clinical Procedures in Emergency Medicine. 5th ed. Philadelphia, Pa: Saunders Elsevier; 2009:chap 47.advertisementLyn ET, Mailhot T. Hand. In: Marx JA, ed. Rosen’s Emergency Medicine: Concepts and Clinical Practice. 7th ed. Philadelphia, Pa: Mosby Elsevier; 2009:chap 47.Gross KR, Collier BR, Riordan WP Jr, Morris JA Jr. Wilderness trauma and surgical emergencies. In: Auerbach PS, ed. Wilderness Medicine. 6th ed. Philadelphia, Pa: Mosby Elsevier; 2011:chap 21.Review Date:8/11/2012Reviewed By:Linda J. Vorvick, MD, Medical Director and Director of Didactic Curriculum, MEDEX Northwest Division of Physician Assistant Studies, Department of Family Medicine, UW Medicine, School of Medicine, University of Washington. C. Benjamin Ma, MD, Assistant Professor, Chief, Sports Medicine and Shoulder Service, UCSF Department of Orthopaedic Surgery. Also reviewed by David Zieve, MD, MHA, Medical Director, A.D.A.M. Health Solutions, Ebix, Inc.
Simpsons are known for making the right predictions and it has happened not once but on numerous occasions.A 1997 episode of Simpsons nearly got its predictions right when it predicted a Portugal vs Mexico final at the World Cup 2018.Although that may not happen as both Portugal and Mexico are in the same half of the pre-quarterfinals and at best they can meet in the semi-finals.If all goes well for either teams, one of them will surely reach the final in Russia.The animated TV show has in the past made quiet a few predictions which proved to be true in the following years.One of thos predictions was way back in 2000 when they said that Donald Trump would become the President of the United States of America and it came true when he came to power in 2017.The show also predicted Fox being bought by Disney, as well as the Ebola outbreak, Lady Gaga’s Super Bowl appearance and Sweden narrowly losing to USA in the men’s curling final at the Winter Olympics.And now the fans believe that the show might have predicted a Portugal vs Mexico final in the World Cup in Russia after an episode in 1997 saw the two teams pitted against each other in the episode titled ‘The Cartridge Family’.Portugal finished second in Group B behind Spain after two drawn matches and a win while Mexico advanced to from Group F behind Sweden.The Cristiano Ronaldo-led side will face a stiff challenge from Uruguay, who were back to their best against Russia in their final Group A game to stay unbeaten in the first round.advertisement FIFA World Cup 2018: Portugal captain Cristiano Ronaldo has scored 4 goals in 3 matches in the group stages (Reuters Photo)Uruguay have so far been the impressive in two of the three matches and are the only team yet to concede goal at the tournament in Russia.Portugal, meanwhile, muddled through their group with draws against Spain and Iran and a fortuitous win over Morocco but that is unlikely to bother their grizzled coach Fernando Santos, who is always happy for his team to be considered the ugly ducklings.Meanwhile, after silencing critics with impressive wins over Germany and South Korea, Mexico nearly blew it against Sweden and only progressed because of Germany’s shocking defeat to South Korea. FIFA World Cup 2018: Mexico reached the last 16 after stunning 1-0 victory over Germany, 2-1 win over South Korea and 3-0 defeat to Sweden in Group F (Reuters Photo)Mexico will face familiar foes and South American giants Brazil in the pre-quarterfinals on Monday.Mexico reached the last 16 after stunning 1-0 victory over Germany, 2-1 win over South Korea and 3-0 defeat to Sweden in Group F.Even though they finished second in the group they face the prospect of not going beyond round of 16 for an incredible seventh time in a row.Proceeding to the last eight or beyond has become a Sisyphean task for the Mexicans since they last reached the quarter-finals when they hosted the competition in 1986.(With inputs from Reuters)
Congressman Steve King has announced his 2nd Town Hall meeting of the year in the 4th District.King will hold the meeting on Monday, February 18th in Lyon County.The event is open to the public and to the media.The Town Hall will be held from noon until 1PM at the Forster Community Center, located at 404 Main Street in Rock Rapids.
Nova Scotians will celebrate the contributions of Gaels, from their language and culture, to their strong, diverse communities. Gaelic Affairs Minister Maurice Smith was joined by members of the Gaelic community at Province House today, May 1, to launch Gaelic Awareness Month by raising the flag of the Nova Scotia Gaels. “Our diverse culture and heritage makes Nova Scotia a better place for families, and I encourage all Nova Scotians to celebrate the contributions that Gaels make to our identity,” said Mr. Smith. “Gaelic Awareness Month recognizes the work and effort that the Gaelic community has committed to advancing their language and culture in the province.” A focal point of this year’s Gaelic Awareness Month is the Gaels in Nova Scotia exhibit at the Museum of Natural History, which is showing until Wednesday, May 29. The exhibit is the first of its kind in the province, and is designed to encourage Nova Scotians to learn more about their diverse province by engaging in the language and cultural expression of the Gaels. “Gaelic makes tangible social, educational and economic contributions to our province and strong support from community and all levels of government is required to ensure its sustainability,” said Tim Aggett, Gaelic Council of Nova Scotia president. “The raising of the Flag of the Gaels at Province House today communicates that both community and government support Gaelic and see its contributions as integral parts of Nova Scotia’s well-being and diversity.” Other activities include events at libraries throughout HRM, Gaelic language and cultural workshops, immersion days and ongoing community-based language learning across the province. The Gaelic Council of Nova Scotia is hosting a provincial gathering on Saturday, May 11, at the Rankin School of the Narrows in Iona, Victoria Co. Rev. Ivan Gregan will officiate a Gaelic ecumenical service on Sunday, May 19, at Little Narrows Church. For information about Gaelic Awareness Month events, go to www.gaelic.ca , call 1-888-842-3542, or email GAELICINFO@gov.ns.ca .
NEW DELHI: An accused in a snatching case committed suicide by jumping from the fifth floor of the Saket court complex here when he was being produced in court on Tuesday. The incident occurred at 4.30 pm.The incident came to light when a police officer posted with Sunlight Colony police station informed the Police Control Room (PCR) that a man accused of snatching had jumped from the fifth floor in the Saket court premises while in police custody. “The deceased was identified as Tayyab who was a resident of Shahdara. He was later taken to a nearby hospital where he was declared brought dead. He had been arrested in a snatching case in South Delhi,” Deputy Commissioner of Police South district, Vijay Kumar said.
At least 160 people have died in an outbreak of the highly lethal haemorrhagic Ebola virus in the centre of the Democratic Republic of the Congo (DRC), the United Nations World Health Organization (WHO) reported today, announcing that it is rushing medical and supplies to the region to try to contain the disease.Laboratory analysis conducted in Gabon and the United States on samples taken from cases in the outbreak have confirmed the presence of the Ebola virus, which causes death in 50 to 90 per cent of cases.WHO said some of the samples also show the presence of Shigella dysentery, which is complicating the treatment of victims, who are concentrated in the Mweka and Lwebo areas of DRC’s Kasai Occidental province. It is not clear yet how many deaths were caused by Ebola given the apparent simultaneous outbreak of the diseases.So far there have been 372 confirmed cases and 166 deaths, according to WHO, while Radio Okapi – which is part-operated by the UN peacekeeping mission in the DRC (MONUC) – reported today that there have been 168 deaths.DRC health ministry officials are leading the response to the outbreak, but WHO said it was providing staff, supplies and equipment to the areas affected and it was also mobilizing a team of national and international experts to implement strategies to try to limit the size of the outbreak.The Ebola virus is transmitted by direct contact with the blood, secretions, organs or other bodily fluids of infected persons or animals such as chimpanzees, gorillas, monkeys and antelopes, and it has an incubation period of two to 21 days.Health-care workers have frequently been infected while treating sufferers because of the lack of adequate infection control precautions in affected countries in Central Africa. Burial ceremonies also can play a role in transmitting the virus when mourners have direct contact with the body of the deceased person.Sufferers can experience fever, intense weakness, muscle pain, headaches and sore throats, as well as vomiting, diarrhoea, rashes and impaired kidney and liver function. In the most severe cases, the virus can lead to both external and internal bleeding.WHO said there is no indication yet of any need to impose trade or travel restrictions with the DRC as a result of the outbreak. 11 September 2007At least 160 people have died in an outbreak of the highly lethal haemorrhagic Ebola virus in the centre of the Democratic Republic of the Congo (DRC), the United Nations World Health Organization (WHO) reported today, announcing that it is rushing medical and supplies to the region to try to contain the disease.
Saudi Arabia will donate $6.3 million to finance the construction of 100 housing units in the West Bank city of Hebron as part of a project being carried out by the United Nations Human Settlements Programme (UN-HABITAT).The new homes will be allocated to underprivileged or widowed women, the agency said in a press release. The two-year project, which is part of UN-HABITAT’s Special Human Settlements Programme, will be carried out in cooperation with the Palestinian National Authority and local non-governmental organizations (NGOs). UN-HABITAT and the Saudi Committee for the Relief of the Palestinian People are expected to sign an agreement shortly formalizing the arrangement.
The Board, appointed by the UN Department of Peacekeeping Operations (DPKO) as standard procedure in such circumstances, noted that the Israeli authorities accepted full responsibility for the attack on the UN post at Khiyam and apologized for what they say was an “operational level” mistake, the spokesman added in a statement.But he added: “The Board did not have access to operational or tactical level IDF (Israeli Defence Forces) commanders involved in the incident, and was therefore unable to determine why the attacks on the UN position were not halted despite repeated demarches to the Israeli authorities from UN personnel, both in the field and at Headquarters.” Immediately after the attack with a 500-kilogram, precision-guided aerial bomb on 25 July, Israeli Prime Minister Ehud Olmert expressed “deep sorrow.”On the day that the four observers – from Austria, Canada, China and Finland – were killed, the UN Interim Force in Lebanon (UNIFIL) said 21 strikes were made within 300 metres of the patrol base, with the UN protesting each one to the IDF. UN Deputy Secretary-General Mark Malloch Brown also made several calls to Israel’s UN mission.After UNIFIL headquarters lost contact with the base, it coordinated safe passage for two armoured personnel carriers which pushed through and discovered the shelter collapsed and the four observers dead. Despite repeated requests to the IDF to desist, firing was maintained during the rescue operation and continued to strike near UNIFIL positions, UN officials said at the time.The Security Council called on Israel to conduct a comprehensive inquiry and Mr. Annan suggested a joint UN-Israeli investigation.Today’s statement said the Board’s report concluded that all standard UN operating procedures had been followed and there was no additional action UN personnel could have taken that would have avoided the outcome.Mr. Annan once again paid tribute to the four who gave their lives in the cause of peace and reiterated his heartfelt condolences to their families.
CALGARY – Fertilizer giant Agrium Inc., under pressure from its largest shareholder to split the company in two, is raising its earnings guidance as both its North American retail and wholesale divisions delivered better-than-expected results.The company, which reports in U.S. dollars, said it earned slightly more than $2 per share during the last three months of 2012, up from its previously expected range of between $1.50 to $1.90.Its shares rose more than three per cent, or $3.39, to $114.04 in late-morning trading on the Toronto Stock Exchange on Thursday, topping a 52-week high of $111.48 set Wednesday.“The increase in our estimated financial results is due to a very strong finish to the fall application season in our North American retail operations, supported by an extended fall season in the U.S. and continued strength in grain and oilseed prices,” CEO Mike Wilson said in a release.“Going forward, continued strength in crop prices and low global grain inventories are anticipated to support a strong spring application season in 2013.”Agrium’s revised guidance comes as New York-based investment fund Jana Partners LLC campaigns to win support from other shareholders for major changes at the company.On Wednesday it said it was meeting with Canadian Agrium investors to detail the concerns it has with the company and how it intends to remedy them.Jana wants Agrium to concentrate on its wholesale fertilizer business and spin off its retail division, which operates in Canada, the United States, Argentina and Australia.It has welcomed recent moves by Agrium to buy back $900 million in stock, double its dividend and disclose more information about its retail business, but Jana also wants Agrium to lower costs, allocate capital more effectively and improve corporate governance.Agrium’s management has been resisting the split idea, saying it would expose shareholders to too much risk.In its updated guidance Thursday, the company said the retail business is expected to generate about $120 million in earnings before interest, taxes, depreciation and amortization in the fourth quarter, resulting in a record $950 million of EBITDA for the division in 2012.Wholesale EBITDA is expected to exceed $500 million during the fourth quarter and $1.9 billion for the full year — better than expected.Agrium said its full fourth-quarter financial statements and audited annual financial results, plus a more detailed review of operations and an updated outlook, will be provided on Feb. 22. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by The Canadian Press Posted Jan 24, 2013 11:17 am MDT Agrium says it’s on track to beat previous guidance for fourth-quarter earnings
DETROIT – Italian automaker Fiat SpA announced that it reached an agreement to acquire the remaining shares of Chrysler for $3.65 billion in payments to a union-controlled trust fund.Fiat already owns 58.5 per cent of Chrysler’s shares, with the remaining 41.5 per cent held by a United Auto Workers union trust fund that pays health care bills for retirees.Under the deal announced Wednesday, Fiat will make an initial payment of $1.9 billion to the fund, plus an additional $1.75 billion upon closing the deal.Chrysler will also make additional payments totalling $700 million to the fund as part of an agreement with the UAW. The deal is expected to close on or before Jan. 20, according to a statement from Chrysler.Sergio Marchionne, CEO of both Fiat and Chrysler, has long sought to acquire the union’s shares in order to combine the two companies.“The unified ownership structure will now allow us to fully execute our vision of creating a global automaker that is truly unique in terms of mix of experience, perspective and know-how, a solid and open organization,” Marchionne said in a statement issued by Turin, Italy-based Fiat.The deal eliminates the need for an initial public offering of the union fund’s stake, which analysts had previously valued at $5.6 billion.Fiat went to court last year seeking a judgment on the price, but the trial date was set for next September.Marchionne can’t spend Chrysler’s cash on Fiat’s operations unless the companies merge. In recent months he made it clear that he preferred to settle the dispute without an IPO, but filed the paperwork for the offering in September at the trust’s request.Chrysler’s profits have helped prop up Fiat on the balance sheet as the Italian automaker struggles in a down European market.The Auburn Hills, Michigan, automaker earned $464 million in the third quarter on U.S. sales of the Ram pickup and Jeep Grand Cherokee, its ninth-straight profitable quarter. The results boosted Fiat, which earned $260 million in the quarter. Without Chrysler’s contribution, Fiat would have lost $340 million. Fiat reaches agreement with union fund to acquire Chrysler stake for $3.65 billion by The Associated Press Posted Jan 1, 2014 11:17 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
The Skills and Enterprise Minister, Matthew Hancock MP, has today announced a new £20m opportunity to help automotive supply chain businesses develop their workforce skills to maximise growth opportunities.The £20 million fund for skills-based projects, which would be match-funded by the successful employers, is part of government’s Employer Ownership Initiative.Automotive component manufacturers and companies providing manufacturing services can apply for up to 50% co-funding for training designed to raise capabilities. The aim is to help UK-based suppliers take advantage of the £3 billion worth of opportunities identified by the Automotive Council in a recent survey of the sector.Mike Hawes, SMMT Chief Executive said, “Investing in skills is fundamental to the future growth of the UK automotive sector. This £20m fund to help supply chain businesses develop their workforce is a very welcome initiative which we hope will encourage further investment in training. There is a range of opportunities for UK suppliers as domestic vehicle manufacturers look to increase local content. We would encourage every automotive component manufacturer, or manufacturing service provider, to consider how they could utilise this Fund to improve skill levels still further.”The first round of projects can be submitted by businesses from 6 May via the .GOV website.SMMT will be hosting a webinar to promote the supply chain skills fund. This will take place on 14 May at 11.00am – space is limited, so reserve your place now by clicking here. After registering, you will receive a confirmation email containing information about joining the webinar.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
For those in Niagara who continue to mourn the decline of the region’s traditional manufacturing sector, Sean Calcott and Charles Conteh have some good news.True, the sector is very different than it was 20 or 30 years ago and it has seen some tough times, says Conteh, Associate Professor of Political Science at Brock University and Director of the Niagara Community Observatory (NCO). “But the general trend is that manufacturing has been very resilient, has stayed in the region and, in fact, has seen an upswing since 2012, so there’s a bit of a wind in our sails,” he says. Conteh is co-author of the NCO’s latest policy brief, “Shifting Gears: Examining the recent upswing of Niagara’s manufacturing sector.” Graduate student and policy brief co-author Sean Calcott joined panelists Mishka Balson, of the Greater Niagara Chamber of Commerce, Dolores Fabiano, of the South Niagara Chamber of Commerce, and Blake Landry, of Niagara Region, at a release event for the Niagara Community Observatory’s latest brief.In their brief, Conteh and co-author Calcott, a recent master’s graduate in the Department of Political Science, examine Niagara’s recent economic history with fresh eyes, avoiding comparisons to the region of long ago.“The strength of manufacturing in Niagara is not as visible to the naked eye as when large plants and factories were prominent in the sector,” says Calcott. “There is a multitude of small firms making diverse products that account for the bulk of the job growth in this sector.”In the past six years, Niagara’s manufacturing sector has continued to be a main driver of job growth and economic development, says the brief.It notes that, as of 2016, 243 manufacturing firms in Niagara exported goods totalling about $3.7 billion. Machinery, boilers, mechanical appliances, engines and parts accounted for about one-third of this total, with nickel, plastics, railway and tramway vehicles, parts and accessories also being significant exports. Across the sector, manufacturing employment increased by 2,075 jobs between 2012 and 2018.The largest increases are in plastics and rubber products manufacturing (70 per cent), beverage and tobacco product manufacturing (44 per cent), chemical manufacturing (40 per cent) and transportation equipment manufacturing (23 per cent).Niagara has moved away from the “large branch-plant model” typical of the previous century, with manufacturing jobs being concentrated in small-to-medium size firms (SMEs) with fewer than 500 employees, says the brief.“SMEs present advantages over larger enterprises because their smaller footprint enables more risk-taking and innovation than firms which have invested greater resources into an established business model,” says the brief, adding that they can “adapt more quickly to changing market conditions.”The brief points out one dark lining in an otherwise silver cloud: wages today are generally lower than they were in the manufacturing sector of the past.“The middle-tier of manufacturing jobs are being displaced by lower-paying positions, while higher-paying managerial and supervisory positions are stable,” says the brief.To address this challenge, the brief recommends building upon the tremendous strides in education and skills training being offered in the region’s post-secondary institutions that would see “more investment in specialized industrial skills in targeted labour-intensive manufacturing sectors.” The authors urge Niagara to align itself with the economies of Hamilton, the GTA and Buffalo. “This means building an integrated system of design and production nodes in a distributed network of interlocking supplier and customer firm relationships that spans the QEW industrial corridor and extends to the Buffalo market.”It also calls for small and medium-sized entrepreneurs, venture capitalists, university and college researchers, economic development officials and others to come together to identify Niagara’s existing strengths and map out strategies to attract investment and build skills training. Conteh says the take-away message from the NCO’s latest research is that Niagara’s manufacturing sector still forms the bedrock of the economy despite earlier upheavals, and has a bright future. He says that when they started the research, he already had an “indication” of something positive happening, “but the compelling data gave us evidence beyond a shadow of a doubt that Niagara is resilient and has the adaptive capacity to weather storms.”
Malcolm Barber, co-chairman of Bonhams, said only “very very rarely would cars like this come onto the open market”, saying he could not think of another like it in his career of more than 30 years.“It’s a jewel in the collection”, he said of the Phantom IV. “Rolls-Royce motor cars have been present at countless historic events in recent British history, and the Heritage Fleet encapsulates the most significant models produced by the marque.” The Queen visits Darlington in her Golden Jubilee yearCredit:Tim Rooke Meghan Markle and Doria Ragland Credit:AFP As the cliche of car sales goes, it is already quite the offer: a rare vintage Rolls Royce, one careful owner.Factor in the enormous windows for maximum visibility, a pennant holder and room for coat of arms of the door, then it is a vehicle that could only be fit for a Queen.A 1950 Rolls-Royce Phantom IV State Landaulette, one of only 18 ever made and used by the Royal Household for more than 40 years, is to be sold at auction for up to £2 million.Used by the Queen and Duke of Edinburgh from the late 1950s, it has been seen and photographed on key occasions across four decades, as well as being used on royal tours around the world.–– ADVERTISEMENT ––Modifications to the car give a clear insight into life in the Royal family, with high seats and large windows to allow the public to catch a glimpse of the Queen as she was driven past. It will be sold with an estimate of £1,000,000 to £1,500,000. A 1979 Rolls-Royce Phantom VI Limousine loaned to the Royal family will be sold for £400,000-600,000, while a 1985 Rolls-Royce ‘Centenary’ Silver Spur Saloon, the 100,000 the car built by the company, will be offered for £80,000-100,000.The latter was used by the late Diana, Princess of Wales, “on occasion”, Bonhams said. The QueenCredit:PA The sale will also include number plates described as the “holy grail of registrations for any true Rolls-Royce enthusiast”: RR1 and RRM1. The Rolls Royce Phantom IV The Phantom IV will be offered for sale by Bonhams as part of a collection of eight “highly important” Rolls-Royce motors, at the Goodwood Revival Sale on September 8.The collection includes several cars used by members of the Royal family, including the late Diana, Princess of Wales.One, a 1960 Rolls-Royce Phantom V ‘High Roof’ State Limousine, was used to drive the Queen and Duke of Edinburgh for state occasions, and is currently on display on the Royal Yacht Britannia in Edinburgh. The car is nearly identical to the vehicle used to transport Meghan Markle to Windsor Castle for her May wedding to Prince Harry. That car, used by Ms Markle and her mother Doria as they travelled from their hotel to St George’s Chapel, was another of the 18 models built only for heads of state and the most notable of public figures. Built with a tough perspex panel at the back for extra visibility and light, it has a blue light above the windshield for emergencies, an early version of air con and power-operated windows.Unlike a similar model of car once owned by Princess Margaret, its official description does not include a built-in bar for entertaining. 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.
Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedGPF issues traffic advisory for Mash 2018February 21, 2018In “latest news”20km/h speed limit at construction zones along Sheriff – MandelaFebruary 28, 2019In “latest news”URGENT TRAFFIC ADVISORYMay 8, 2017In “latest news” Works related to the project being undertaken (DPI image)The Ministry of Public Infrastructure, in collaboration with the Guyana Police Force, is advising the general public that from Monday 28, to Friday 1, 6:30hrs to 9:30hrs, Queen Street (from Kitty Public Road to David Street) and David Street (from Alexander Street to Vlissengen Road) will become one-ways with two lanes heading south and west respectively.During this period, traffic heading north along Queen Street from David Street will be prohibited. Additionally, traffic heading east along David Street from Vlissengen Road will also be prohibited.This new traffic management plan is to facilitate the repairs to culverts at Vlissengen Road and Carifesta Avenue and to allow a better flow of traffic during peak hours.According to the Department of Public Information, while the works had been slated to commence on Wednesday, the commencement was delayed in order to allow the contractor to better mobilise and to also erect detour signs at the identified alternative routes of Sheriff Street; Church Road; Earl’s Avenue; Pere Street; and Queen Street.Works are instead scheduled to commence from tomorrow, Saturday August 26.
AN AUSTRALIAN NON-PROFIT has come up with a novel way of dissuading teens from going on the bunk.They have produced this graphic video to warn students of the dangers of “slacking off”.The Learn for Life Foundation ad starts as a typically glorious Aussie day. Unfortunately, it takes a turn for the surreal, and graphic.Warning: this video contains graphic imagery(henryandaaron/YouTube)One of the makers of the ad, Henry Inglis said that the online-only ad is proving popular.“People seem to really like it. It has that WTF factor. People online are saying things like ‘What did I just watch?’” he told the Herald Sun.Read: Intense fans are offering kidneys and wives for Garth Brooks ticketsRead: Old Spice demonstrates how to ‘win’ a baby for your woman in new ad
MEPS IN THE European Parliament in Strasbourg voted yesterday to approve a reform of the Common Agricultural Policy (CAP) with a large majority voting in favour of the draft mandate to change the way in which direct payments to farmers are distributed.The draft mandate on the future direct payments was approved in parliament by 427 votes to 224 with 32 abstentions. Parliament backed Commission plans to cap direct payments to any one farm at €300,000, and substantially reduce payments to those receiving more than €150,000.Speaking to TheJournal.ie today, JJ Gallagher of the Irish Farmers’ Association (IFA) said that farmers are “very worried” about the impact this will have on their livelihoods.“They’re looking on in shock at this stage because they put a lot of faith in the minister,” he said. “It’s difficult for them, especially when they see just how far they can fall and for some of them the payments count for more than 100 per cent of their intake.”“We lost very few jobs in farming due to the downturn – it fared very well – and to see that happen is very frightening,” he added.Gallagher said that farming is keeping rural villages alive and these changes could have serious consequences on local economies.“There’s a chance that there will be a fierce reduction in the suckler cow herd as well, coming at a time when food scarcity is coming to fruition and it could have an impact on the export economy,” he said. “It would be a shame to see it damaged in that way so we’re depending on Minister Coveney to represent our interests”.Yesterday, in an interview with TheJournal.ie in Strasbourg, Fianna Fáil MEP Liam Aylward, who is a member of the European Parliamentary Committee on Agriculture, said the decision for the move to an area-based payment has already been made.He said that the vote yesterday was just the beginning of the process and the important question is how long Ireland will be given to make the adjustments.Aylward mirrored the IFA’s concerns that the changes could see significant amounts of money being taken away from productive farmers. However he said that with its report, the committee is trying to “give flexibility to member states to apply best the rules that have been put down”.While the way in which payments are to be distributed will be changed under the new policy, no member states’ farmers should receive less than 65 per cent of the EU average.Young farmers will a 25 per cent top-up payments for a maximum of 100 hectares and member states could also use more money to support small farmers.The final shape of the new EU farm policy will be decided by the European Parliament, EU farm ministers and the European Commission, in three-way negotiations which should begin in late March or early April.IN PICTURES: Farmers protest against CAP reforms>Read: Farmers to stage protest during visit by EU agriculture commissioner>