Exclusive: Tories tap up City for £30m election war chest

Posted On Sep 4 2021 by

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoDefinition24 Of The Most Hilarious Yard Signs Ever WrittenDefinitionUndoPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Exclusive: Tories tap up City donors for £30m general election war chest Read more: Could Labour better its 2017 election performance this December? The UK’s largest union Unite has handed Labour more than £1m in the first two quarters of the year, with unions as a whole donating nearly £3.5m, according to the Commission. The source noted that support from entrepreneurs was particularly strong. A further City source said the party’s issue could be campaign spending limits, rather than raising the cash. “People have been waiting. They will have as much money as they need,” they said. Read more: Most Brits think a general election won’t break the Brexit deadlock Tory fundraisers have managed to regain some ground, with Electoral Commission figures showing the party has raised £38m since that summer’s election, compared with £33.8m raised by Labour. Grassroots activist groups such as Momentum similarly pose a huge challenge, with one Conservative figure estimating that every marketing email sent out was worth £500,000 in donations. “I say three cheers for Boris.” The Tories are now turning to donors who have pledged previously, with one source close to the fundraising effort saying that “there’s been good pick up” since the election was confirmed yesterday and “some old donors are coming back”. The Conservatives are tapping up donors for a £30m general election fund to counter Labour’s twin threat of donations from unions and grassroots activists, City A.M understands. The party has been spooked by Labour’s successful 2017 election fundraising effort, which saw record sums of £56m raised. center_img Read more: Here’s the full list of all the MPs standing down at the next General Election Another said: “People recognise the outcome is binary — either you’ll have Corbyn or Boris, therefore they want it to be Boris.” A veteran fund manager and Tory donor told City A.M. they had been impressed with Johnson’s start in the role, both in Brussels and in parliament, saying: “I am still very much a Boris-backer, and I am close to being very, very supportive. Catherine Neilan However sources who spoke with City A.M. suggested the party would have its work cut out to keep up with unions, “now an election has been called and the taps are on”. One Labour fundraising email yesterday claimed “Britain is run for the selfish interests of the top one per cent” and that “the billionaires will do anything to stop us”, along with a call to donate sums as small as £1 to Labour’s election effort. Image credit: Getty whatsapp Wednesday 30 October 2019 10:36 pm Share whatsapp While many MPs readied for the first December election since 1923 yesterday, others chose to bow out. Amber Rudd, Sir Patrick McLoughlin and a host of others have opted not to fight in this coming election.last_img read more


Alaska reports 50 new COVID-19 cases, breaking record for state’s biggest one-day increase

Posted On Aug 24 2021 by

first_imgCoronavirus | Health | Southcentral | State GovernmentAlaska reports 50 new COVID-19 cases, breaking record for state’s biggest one-day increaseJuly 2, 2020 by Tegan Hanlon, Alaska Public Media Share:Alaska recorded 50 new coronavirus cases from Wednesday, but no new deaths or hospitalizations. It’s the biggest one-day increase in infections in Alaska since the pandemic began, breaking the prior record set earlier this week.The latest COVID-19 cases include 39 Alaskans and 11 nonresidents, according to the latest data update Thursday from the Alaska Department of Health and Social Services.The jump follows a series of double-digit, one-day case increases in Alaska for much of June. And it comes as case numbers surge throughout much of the country, in the days leading up to the Fourth of July weekend.By the end of Wednesday, the total number of COVID-19 infections among Alaskans topped 1,000. Of 1,017 cases, 535 are considered recovered and 468 are active. There have been 14 deaths.The newly-diagnosed Alaskans are mostly from Southcentral Alaska. They include 13 from Anchorage, nine from Wasilla, four from Palmer and three from Seward.The newly-diagnosed nonresidents tested positive across the state, from Unalaska to Petersburg to Seward to Anchorage. At least four work in the seafood industry. But the state has not yet listed the reason most of them are in Alaska.By the end of Wednesday, 18 people were in the hospital in Alaska with COVID-19 or suspected to have the disease.Also, the state reported that nearly 116,000 COVID-19 tests have been conducted — up roughly 1,500 from a day before.Despite the rising COVID-19 infections in Alaska, the state continues to have one of the country’s lowest case counts per capita.In preparation for the upcoming holiday weekend, the city of Seward is limiting capacity for campgrounds and for businesses with indoor seating. Earlier this week, Anchorage Mayor Ethan Berkowitz began requiring face masks in indoor, public spaces.Share this story:last_img read more


Royal Dutch Shell announces £55m deal over Niger Delta oil spill

Posted On Jul 13 2021 by

first_img Royal Dutch Shell announces £55m deal over Niger Delta oil spill whatsapp Tags: NULL Wednesday 7 January 2015 3:10 am Show Comments ▼ Oil Giant Shell has announced a $84m (£55m) agreement with residents of the Bodo community, which will compensate them over two oil spills.The settlement, thought to be the largest of its kind to an African community, marks the first time affected individuals have been compensated directly. Claims through Nigerian authorities usually result in disbursement to community chiefs, according to law firm Leigh Day which represented the community.Each member of the Bodo community will receive an equal share of around £35m, and the remaining sum will be used to build health centres and schools.Mutiu Sunmonu, managing director of Shell’s Nigerian joint venture, said:From the outset, we’ve accepted responsibility for the two deeply regrettable operational spills in Bodo.We’ve always wanted to compensate the community fairly and we are please to have reached an agreement.The deal, which marked the end of a three-year legal battle, was below the reported £300m sought by the Bodo community.An earlier report by Amnesty International, a human rights group, found oil spills from Shell’s Trans Niger Pipeline caused health problems for residents of a town in the Ogoniland region. It also disrupted trade for local fisherman. Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com whatsapp Jessica Morris last_img read more


News / Boeing gets a boost from air cargo boom as its freighter orderbook bulges

Posted On Jul 4 2021 by

first_img By Alexander Whiteman 17/07/2018 “I’d say the marketplace across the world is as strong as we have ever seen it, and I believe these trends will certainly continue.”Mr Tinseth’s comments came as Volga-Dnepr announced a major new order with the aircraft manufacturer. This would be just one of many between now and 2037, with Mr Tinseth forecasting more than 2,600 freighter conversions alone in that period.“Of these, 500 will be widebody aircraft conversions, which means we will see some 70% growth in the freighter fleet in the next 20 years,” he added.“We have logged more than 103 freighter orders, and are particularly excited by the level of enthusiasm in the 777 freighter.”Vice chairman of TAPA EMEA Jason Breakwell said there was “much greater” confidence in air cargo.“Money talks, and this is leading to many orders – and we believe there will be more goods and higher volumes moved by air in the next few years.”According to Boeing analysts, global GDP will grow at some 2.8% annually, with air cargo growing at 4.2%. Should these numbers be proved right, Mr Tinseth suggested, this would afford production of 2.7 new freighters a month.He added: “More than 50% of air cargo volumes are carried by freighters and more than 80% of this flies on Boeing aircraft. Approximately 40% of North Atlantic air freight is carried by freighters, a number that jumps to 75% on Asia Pacific volumes and leaps higher still to 80% for Asia-Europe volumes.“Those that believe the capacity available in passenger aircraft bellyholds will relegate the need of freighters to history are mistaken, because of the value proposition freighters offer.”However, he recognised the problem of trade disputes, particularly those that have arisen in recent months.“From a Boeing perspective, we are big advocates of fair and open trade, with a reduction in red tape,” said Mr Tinseth. “We will continue to advocate for this, but in the meantime will remain close to our customers to offset any issues that arise.”Qatar Airways vice president of cargo in Europe Rob Veltman added: “You may see an initial uptick in air freight as businesses try to get goods to market before barriers are erected.“Even so, while we have shown ourselves to be a resilient industry, I do not believe it is good to have these issues lingering.” Confidence is flying high in air cargo, with Boeing buoyed by the strength of its freighter orderbook for the next two decades.At this week’s Farnborough Air Show, Boeing’s vice president of marketing, Randy Tinseth, said: “Air cargo is back”.Driving the sector’s strong growth is not only the e-commerce phenomenon but also high levels of consumer confidence and a balancing of global trade.“As well as the market returning, we have seen this boost in consumer confidence and, importantly, there is an improving balance in trade in and out of China,” said Mr Tinseth.center_img Farnborough Internationallast_img read more


Lawmakers slip a win for pharma into federal spending package

Posted On Jun 23 2021 by

first_imgPolitics Adobe @NicholasFlorko Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. WASHINGTON — Lawmakers quietly tucked a boost for the pharmaceutical industry in the massive, end-of-year spending package they unveiled late Monday — a surprising turn for a Congress that has, at least rhetorically, pushed to rein in pharma’s high prices.The provision, just three lines and 17 words in a 1173-page bill, would effectively expand the definition of biologic drugs, a category that includes presumably more complicated medicines made from living cells. Biologics get 12 years of patent protection, while so-called small-molecule medicines get five years, and the expansion would mean more new drugs would fit into the more-protected category. That would translate into bigger profits for drug makers and longer waits for consumers eager for cheaper generic drugs. Log In | Learn More By Nicholas Florko Dec. 17, 2019 Reprints GET STARTED What’s included?center_img What is it? Washington Correspondent Nicholas Florko reports on the the intersection of politics and health policy. He is the author the newsletter “D.C. Diagnosis.” [email protected] Lawmakers slip a win for pharma into federal spending package STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Nicholas Florko About the Author Reprints Tags biologicsdrug pricingpolicySTAT+last_img read more


Gilead loses its challenge to a pair of U.S. patents for an HIV prevention pill

Posted On Jun 23 2021 by

first_img [email protected] Gilead loses its challenge to a pair of U.S. patents for an HIV prevention pill Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. @Pharmalot In a setback to Gilead Sciences (GILD), a federal panel rejected its bid to invalidate a pair of patents owned by the U.S. government for using the Truvada pill to prevent HIV, a drug that has sparked controversy due to its cost and the extent to which taxpayer dollars funded crucial research.The Patent Trial and Appeals Board ruled that Gilead failed to demonstrate it was likely to win its argument for overturning the patents held by the Centers for Disease Control and Prevention, which helped fund academic work into HIV prevention that later formed the basis for the best-selling medicine that is also known as PrEP (here is one ruling and here is the other). What is it? Log In | Learn More What’s included? Ed Silverman Pharmalot center_img GET STARTED STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. About the Author Reprints Rich Pedroncelli/AP Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTED By Ed Silverman Feb. 5, 2020 Reprints Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Tags drug developmentHIV/AIDSlegallast_img read more


Lower MERs for BMO Guardian ETF Series F funds

Posted On Jun 18 2021 by

Share this article and your comments with peers on social media Desjardins to close four ETFs IE Staff Keywords MERs and management feesCompanies BMO Investments Inc. BMO says this change in MER ensures BMO Guardian ETF Portfolios remain one of the lowest cost managed solution programs in the Canadian marketplace, and should appeal to advisors with clients in fee-based programs. Related news Unitholders approve changes to NEI funds BMO Investments Inc. Tuesday announced changes to the management expense ratio (MER) of the four BMO Guardian ETF Portfolio Class Series F funds. As of December 1, BMO simplified the approach to determining the F class MER. Going forward, the MER will be capped at 100 basis points less than the current MER of the standard advisor series version. HSBC changes strategy, lowers fees for global equities fund Facebook LinkedIn Twitter read more


CRM 2 reforms an opportunity for dealers: IIAC

Posted On Jun 18 2021 by

first_img Low investor awareness of CRM2 a challenge for firms and advisors Russell acknowledges that the implementation of these reforms will be a “big challenge” for the industry; and, he lays out several concerns that the IIAC has with the process — including, the time firms have to adopt the changes, the duplication of requirements by both the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC), and the need for the CSA to ensure that it enforces the requirements on the firms that it regulates directly. However, he also stresses that both investors and the industry will benefit from the reforms. “For investors, CRM 2 will provide a clearer understanding of the financial performance of their portfolios, and the fees and charges paid to advisors and their firms. For investment dealer firms and the industry, CRM 2 provides the opportunity to showcase the superior value of the investment dealer industry compared with other registrants in the marketplace, in meeting the client’s investment objectives and providing sound advice on the client’s financial affairs,” he says. Indeed, Russell indicates that the IIAC supports the CRM reforms “because the requirements should be good for investors” — by improving transparency, advisor contact, and levelling the playing field among investment dealers, and with other sorts of firms — all of which should boost investor confidence and encourage more trading. Moreover, it gives dealers a logical opportunity to prove their worth. “The comprehensive portfolio performance reporting rules, and mandated reporting of fees in a clear, comparable way, will stimulate a dialogue between the client and advisor about the value of the advisor – and not just about investment advice, but also in terms of other services provided by the investment dealer, such as trade execution, tax efficiency, tax reporting for the client and record-keeping,” he says. “When clients ask, ‘Why am I paying for this?’ the advisor will have the opportunity to explain the value of the service for which the client is being charged – and the client will get a better sense of the value the IIROC advisor offers,” he suggests. In the meantime however, the industry has some way to go in terms of finalizing the IIROC rules and implementing the reforms. “The very tight deadlines for implementation could create serious problems for many IIROC-registered firms,” Russell notes, pointing out that the project involves myriad technical issues, valuation concerns, and complications such as reporting off-book positions. “It will be more difficult for the smaller firms to keep pace with the workload,” he says. And, given these challenges, the IIAC asks regulators to limit the creation of other new rules to “absolutely essential initiatives”. Asset managers say increasing regulation top near-term challenge Keywords Client relationship modelCompanies Investment Industry Association of Canada Facebook LinkedIn Twitter Investors more confident in mutual funds, discerning of fees James Langton While it certainly has its share of concerns, the Investment Industry Association of Canada (IIAC) suggests that the forthcoming second phase of the Client Relationship Model (CRM 2) reforms represents an opportunity for the industry, not a hardship. In his latest letter to the industry, IIAC president and CEO, Ian Russell, takes on the CRM 2 reforms, which will impose new requirements for investment cost disclosure and performance reporting. The first tranche of these changes takes effect in July, with the rest being implemented over the next two years. (See Investment Executive, A closer look at CRM and CRM 2, Special Feature.) Share this article and your comments with peers on social media Related newslast_img read more


BMO Investments announces new fund and series launches

Posted On Jun 18 2021 by

first_img Related news Franklin Templeton launches new real asset fund Toronto-based BMO Investments Inc. on Monday announced new fund and series launches, fee reductions, a name change and risk rating reductions to certain funds.BMO Concentrated U.S. Equity Fund fund provides investors with a portfolio of U.S. high quality equity securities, investing with high concentration to deliver long-term capital appreciation. BMO Low Volatility Canadian Equity ETF Fund invests in a diversified portfolio of Canadian equities that have lower sensitivity to market movement with the potential for long-term capital appreciation. The new funds are available in Series A, Series F, Series D, Series I and Advisor Series securities (subject to receipt of securities regulatory approval). BMO has also expanded its cash flow product lineup with Series T6 and Series F6 securities being added to BMO Concentrated Global Equity Fund (subject to receipt of securities regulatory approval).The company also announced a series of changes that take effect immediately:the management fee on Series L securities of BMO Tactical Balanced ETF Fund, BMO Tactical Dividend ETF Fund and BMO Tactical Global Growth ETF Fund drops to 0.05%;BMO Fossil Fuel Free Fund has changed its name to BMO Sustainable Opportunities Global Equity Fund; andthe risk ratings of more than 10 mutual funds have been reduced.More information on these changes can be found in the company’s news release. IE Staff IG Wealth amends product shelf economic growth gdp growth domestic product money stack chart bakhtiarzein/123RF Keywords Mutual funds,  Fund launchesCompanies BMO Investments Inc. Purpose looks to fill retirement income gap with longevity fund Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more


Juukan Gorge Committee releases multiparty majority report

Posted On Jun 16 2021 by

first_imgJuukan Gorge Committee releases multiparty majority report The Australian Greens MPsThe Joint Standing Committee on the Northern Australia Inquiry into Juukan Gorge have today released a multiparty majority interim report with a range of recommendations including that Rio Tinto negotiate a restitution package for the destruction of the Juukan rock shelters with the traditional owners, the Puutu Kunti Kurrama and Pinikura peoples (PKKP) and ensure full reconstruction of the Junkanoo rock shelters.“There is multiparty support for strong reforms within the mining industry and state and federal legislation, Senator Siewert said.Mining companies, State Governments and the Federal Government are on notice. The world is watching. They cannot allow the wanton destruction of First Nations cultural heritage any longer.This inquiry has laid bare the hypocrisy from mining companies who talk about investing in First Nations communities when they have required Traditional owners to sign gag clauses in agreements with them.In fact royalties in some cases are having to be spent on lawyers, surveys and administration dealing with mining companies and in worst cases royalties are being withheld from them.This is not a level playing field. Traditional Owners are negotiating with multinational companies who impose ‘gag’ clauses, which prevent them from taking legal action or voicing their concerns to prevent the destruction of heritage.It is alarming that many heritage sites have been de-registered since 2011 and we don’t even know where they are or if they are destroyed or if there are plans to destroy them.The Committee has recommended that Western Australian and Commonwealth governments establish a truth-telling project.The McGowan Government is missing in action on this, this happened under their watch and under legislation that they well knew to be inadequate.The Western Australian Aboriginal Heritage Act 1972 made the destruction of the site legal and offered no avenue to protect it even when its archaeological significance had been revealed.The legal framework for the protection of Aboriginal heritage in Western Australia and at the Federal level is completely inadequate.In too many cases state and territory governments have a financial interest in facilitating mining and other developments.Evidence received by the Committee highlights the inadequacy of current Commonwealth protections under both the ATSIHP and the EPBC Act.This cannot happen again, not in WA not anywhere.This is an interim report. The committee still has work to do. The committee has strongly recommended an urgent moratorium on the consideration and approval of new section 18 applications until the new legislation is passed, unless it can be established and verified that there is current, verifiable, free, prior and informed consent obtained from Traditional Owners.The report can be found here. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Aboriginal, AusPol, Australia, Australian, Australian Greens, commonwealth, cultural heritage, Federal, federal government, Government, industry, legislation, mining companies, Multinational, project, Rio Tinto, WA, Western Australialast_img read more