CAL Bank Limited ( 2005 Annual Report

first_imgCAL Bank Limited ( listed on the Ghana Stock Exchange under the Banking sector has released it’s 2005 annual report.For more information about CAL Bank Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the CAL Bank Limited ( company page on AfricanFinancials.Document: CAL Bank Limited (  2005 annual report.Company ProfileCAL Bank Limited is a leading financial institution in Ghana offering products and services for the investment, corporate and retail banking sectors, as well as custodial, treasury, security brokerage, fund management and asset management services. The banking group underwrites securities and provides financial solutions for corporate finance operations, loan syndications and securities portfolio management, acquisitions and mergers, acceptance of bills of exchange, bullion dealings, export trade development and financing, hire-purchase finance and leasing. CAL Bank Limited provide a counseling and financing service for industrial, agricultural, mining, services and commercial ventures. The financial institution was founded in 1990 and is based in Accra, Ghana. CAL Bank Limited is listed on the Ghana Stock Exchangelast_img read more

FTN Cocoa Processing Limited ( Q12014 Interim Report

first_imgFTN Cocoa Processing Limited ( listed on the Nigerian Stock Exchange under the Food sector has released it’s 2014 interim results for the first quarter.For more information about FTN Cocoa Processing Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the FTN Cocoa Processing Limited ( company page on AfricanFinancials.Document: FTN Cocoa Processing Limited (  2014 interim results for the first quarter.Company ProfileFTN Cocoa processors Plc was formerly registered as Fantastic Traders Nigeria Limited, a Limited Liability Company Which was incorporated in 1991. The company commenced cocoa processing business with third party arrangement (Toll Processing) with Stanmark cocoa processing company limited in 1995 for conversion of cocoa beans into cocoa butter and cocoa cake/powder. The company later extended its third party processing activities to Ile-Oluji, Cocoa Cooperative, Cocoa Akure and Cocoa products , Ede Osun State. Within a period of 13 years it had established strong relations with overseas cocoa product buyers all over the world. We went ahead to solidify our relationship with many local users such as Nestle Nigeria Plc and Promasidor Nigeria Limited; makers of Cowbell Milk and Cocoa products. FTN Cocoa Processing Limited is listed on the Nigerian Stock Exchangelast_img read more

The Superdry share price rockets 16% higher today! What’s going on?

first_imgThe Superdry share price rockets 16% higher today! What’s going on? Superdry (LSE:SDRY) is a UK clothing brand that has been listed for over a decade. After gaining traction and expanding rapidly, the company has struggled in recent years to remain at the forefront of its industry. This has been reflected in a share price that’s down 77% over a five-year period, although it’s up 131% over 12 months. But today, the Superdry share price has rallied after an update came out for the full-year. Is this the start of a turnaround?Full-year trading updateThe trading update covered the last 12 months, from the end of April 2020. It revealed that revenue fell by 21% to £556.6m from the previous year. I need to wait for the published full-year results to see how this has impacted the bottom line, but I imagine this will lead to a loss for the year.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…After all, the previous year also saw a fall in group revenue of 19.2%, leading to a loss of £166.9m. Although the figure included a large store impairment charge, it would still have generated a loss even without that extra pressure. This followed another loss in 2018, explaining that five-year Superdry share price fall I mentioned earlier.But let’s put that to one side and focus on the most recent trading update. Why did revenue fall? It’s no surprise that the pandemic had a large impact here. Superdry estimated that 39% of store days were lost due to closures. Even with a strengthened online presence, this was the key reason for the negative result.My outlook for the Superdry share priceSo with those lost trading days and the revenue hit, I might wonder why the Superdry share price rallied so much today. But not all of the trading update was negative. in fact, Q4 actually saw small revenue growth of 0.8%, and e-commerce sales also grew in double-digits. CEO Julian Dunkerton said that “our strengthened e-commerce presence has helped mitigate the impact from enforced closures of our stores”. This growth in e-commerce has been seen in other companies as well. For example, I noted the surge in this area when I covered Burberry recently.So the rally in the Superdry share price can be put down to the more optimistic outlook for the company, with the last quarter potentially showing that a corner has been turned. This also ties in with easing lockdown restrictions this month and next month, which should allow Superdry stores (at least in the UK), to trade without hindrance.The company also showed that it has good liquidity, despite the hard times. Net cash came in at £39.4m (vs £36.7m in the previous year).Product initiatives also seem to be working with the company saying its neymar Jr link-up has “resulted in record engagement rates, with two million engagements in the first three weeks across our owned channels”.One risk I see for the Superdry share price is the longer-term downward trend it has seen. For several years, revenue has been falling as consumer demand shifts. Fashion is a fast-paced industry and Superdry doesn’t seem to be the hot brand it once was.So even with a potential good bump from store reopening, I still wouldn’t buy for now. I struggle to see how the share price can regain levels seen in previous years, so will opt out and watch from the sidelines. Simply click below to discover how you can take advantage of this. Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Jonathan Smith | Thursday, 6th May, 2021 | More on: SDRY I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has recommended Burberry. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares See all posts by Jonathan Smithlast_img read more

New York Sen. Schumer leads call for federal probe into Florida’s…

first_img The Anatomy of Fear Florida Republican Gov. Ron DeSantis has said New Yorkers fleeing Democratic Gov. Anthony Cuomo’s quarantine restrictions flooded the Sunshine State in March, dramatically swelling the disease’s outbreak in south Florida.Cuomo blamed open “beaches in Florida” for inspiring youthful protesters in New York City to not wear masks.Florida Republican U.S. Sen. Rick Scott, a former two-term Florida governor, vocally has been opposed to a proposed $3 billion COVID-19 bill that includes assistance for state and local governments, which has been referred to as a “blue state bailout.”Cuomo responded by accusing Scott of “playing the American people” by claiming New York receives more than it pays in federal taxes, noting it is among “donor” states that contribute far more in taxes than it receives in federal services.On Monday, the Florida-New York dispute surfaced in the U.S. Senate, when Democratic New York Sen. Chuck Schumer, the Senate’s minority leader, called on the U.S. Department of Labor to investigate Florida’s much-maligned unemployment system.In a letter to Inspector General Scott Dahl, Schumer joined Sen. Ron Wyden of Oregon in requesting an inquiry into U.S. DOL oversight of the Florida Department of Economic Opportunity (DEO), which administers the state’s unemployment system.DEO’s CONNECT unemployment website collapsed in March, when it was deluged by newly jobless applicants, creating a backlog that persists.“While all states have seen record increases in the number of its residents applying for unemployment, Florida’s performance has proved uniquely poor in its abject inability to assist millions of residents who have applied for and continue to await unemployment benefits,” their letter said.Schumer and Wyden maintain despite unemployment claims sharply increasing, “Florida’s Unemployment Trust Fund grew in size between March 1st and April 16th (by nearly $17 million). The most recent data available from the U.S. Treasury Department shows Florida is the only state in the nation whose trust fund gained money during that time period.”DEO’s Reemployment Assistance Claims Dashboard reported Monday that 2.015 of 2.169 million – or 92.5 percent – of “confirmed unique” claims filed by state residents since March 15 had been processed, with 1.248 million – or 92.5 percent – of “eligible claimants” receiving payments totaling $4.619 billion.DEO’s numbers, however, do not include nearly 500,000 people deemed ineligible for state benefits, as well as hundreds of thousands more who are apparently still waiting for claims to be processed.Florida Senate Minority Leader Audrey Gibson posts a daily #PayTheClaimsNow Unemployment Benefits Watch notice. On Monday, “Day 92,” she listed the number of Floridians “still waiting for payment” at 920,504.DeSantis dismissed Schumer’s and Wyden’s concerns about Florida’s unemployment system Monday as “very partisan.”“Are they U.S. Senators from Florida?” DeSantis asked during a news conference in Doral. “I’ve never heard of partisan politics in Washington, D.C., before. Oh, my goodness, can you imagine that?”DeSantis has ordered a state inspector general investigation into the $77 million CONNECT system he inherited from Scott, which he’s described as “designed to fail.”DeSantis has called the CONNECT website, built by DeLoitte Consulting in 2013, “the equivalent of throwing a jalopy into the Daytona 500.”Since March, DeSantis has authorized at least $100 million to upgrade the website, purchased 72 servers, reassigned 2,000 state workers to help DEO and tapped Department of Management Services Secretary Jon Satter to manage it.“It’s going to take time,” DeSantis said Monday of the probe.Meanwhile, DeSantis added, “We’ve really been able to pick this thing off the mat. We’re going to do more.” TAGSfloridaSenator Chuck SchumerThe Center SquareUnemployment System Previous articleFlorida gas prices could soon return to $2 a gallonNext articleWhat else could 2020 bring to Florida? Genetically altered, lab bred mosquitoes Denise Connell RELATED ARTICLESMORE FROM AUTHOR By John Haughey | The Center SquareFlorida and New York politicians have been trading barbs for weeks about how leaders in both states have handled the COVID-19 emergency. Please enter your name here Save my name, email, and website in this browser for the next time I comment. You have entered an incorrect email address! Please enter your email address here Support conservation and fish with NEW Florida specialty license plate LEAVE A REPLY Cancel reply Share on Facebook Tweet on Twitter Please enter your comment! Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 In this image from video, Senate Minority Leader Chuck Schumer, D-N.Y., speaks on the Senate floor at the U.S. Capitol in Washington, Wednesday, March 25, 2020. Senate Television via APlast_img read more

Patagonia Complex / Estudio Base Arquitectos

first_imgArchDaily Patagonia Complex / Estudio Base ArquitectosSave this projectSavePatagonia Complex / Estudio Base Arquitectos “COPY” Design Team:Estudio Base ArquitectosCity:PatagoniaCountry:ChileMore SpecsLess SpecsSave this picture!© Pablo Casals AguirreRecommended ProductsFiber Cements / CementsEQUITONEFiber Cement Facade Panel NaturaGlassDip-TechDigital Ceramic Printing in Art & SignageEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornWoodSculptformTimber Click-on BattensText description provided by the architects. The Patagonia complex is located along a small bay in a lake in Southern Chile. The lake’s main feature is its lack of access by land, only made available by boat. This means that the project’s construction was an important challenge to carry out.Save this picture!© Pablo Casals AguirreSave this picture!Save this picture!© Pablo Casals AguirreThe assignment was to design a set of houses for a very large family where all the enclosures and common spaces face the lake and volcano, the area’s iconic geographic landmarks.Save this picture!© Pablo Casals AguirreSave this picture!Save this picture!© Pablo Casals AguirreThe houses were designed to take advantage of as much natural light as possible throughout the day, creating very bright spaces, even though being immersed in a native forest with trees over 20 meters high.Save this picture!© Pablo Casals AguirreThe location and its surroundings; a flat land with an unobstructed view towards the lake and volcano, oriented towards the North, to make the most of the natural light, with a shady native forest behind it that covers the whole hill and works as a natural wall protecting the land from the wind and rain.Save this picture!© Pablo Casals AguirreSave this picture!Save this picture!© Pablo Casals AguirreThe strategy was to intervene in the land as little as possible. The houses are built on a single level where independent volumes are raised sharing a common space in between for family gatherings.Save this picture!© Pablo Casals AguirreThe project’s major challenge was its construction process. The availability and distribution of materials and labor in the area were some of the many difficulties that were overcome.Save this picture!© Pablo Casals AguirreSave this picture!Save this picture!© Pablo Casals AguirreThe design was based on a meccano-style metallic structure built in sections, that facilitated its transport and on-site installation. The design incorporated local materials such as wood cladding, which was used for ceilings and walls; stone, used in structural walls and, quadroline cladding for the exterior, which has low maintenance costs and high durability in the face of extreme climate conditions in this area.Save this picture!© Pablo Casals AguirreSave this picture!© Pablo Casals AguirreThe project has a small environmental impact since it is capable of producing all the energy that requires through a series of photovoltaic panels installed on the roof, and stores the energy in batteries inside the houses. The entire electrical project is designed to function on low-consumption LED equipment.Save this picture!© Pablo Casals AguirreProject gallerySee allShow lessRestaurant Lunar / So StudioSelected ProjectsApartment nº205 / Mana arquiteturaSelected Projects Share Projects ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Photographs Architects: Estudio Base Arquitectos Area Area of this architecture project 2019 CopyHouses•Patagonia, Chile Houses CopyAbout this officeEstudio Base ArquitectosOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesPatagoniaOn FacebookChilePublished on May 18, 2021Cite: “Patagonia Complex / Estudio Base Arquitectos” [Conjunto Patagonia / Estudio Base Arquitectos] 18 May 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamcenter_img Year:  Chile Cristian Larraín, Gonzalo Ramírez Photographs:  Pablo Casals Aguirre Lead Architects: Patagonia Complex / Estudio Base Arquitectos Save this picture!© Pablo Casals Aguirre+ 31Curated by Clara Ott Share ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Area:  750 m² Year Completion year of this architecture project “COPY”last_img read more

Shield of Faith Christian Center: “Y-Wait?”

first_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Faith & Youth Shield of Faith Christian Center: “Y-Wait?” Published on Friday, March 2, 2012 | 3:04 pm In an effort to address the teen pregnancy epidemic in America, Y-WAIT pregnancy prevention program will teach self-worth and the emotional effects of sexual relationships outside of marriage. Birth rates for teenagers aged 15 to 19 rose 3 percent, or a rate of 41.9 births per 1,000 females, in 2006. It marked the first time teen birth rates have risen since 1991. – Youth and Young Adult to find out more.“How can a young person stay pure? By obeying your word and following its rule.” Psalm 119:9 NLTShield of Faith Christian Center, 1127 North Lake Avenue, Pasadena, (626) 791-2520 or visit Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy HerbeautyGained Back All The Weight You Lost?HerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyTop Important Things You Never Knew About MicrobladingHerbeautyHerbeautyHerbeautyPretty Or Not: 5 Things You Didn’t Know About BeautyHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeauty Community News Your email address will not be published. Required fields are marked * Business News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS 9 recommended0 commentsShareShareTweetSharePin it Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.center_img Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Make a comment Top of the News First Heatwave Expected Next Week Subscribe Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News More Cool Stufflast_img read more

Daimler Truck AG and Cummins Inc. Announce Global Plan for Medium Duty Commercial Vehicle…

first_img Pinterest Daimler Truck AG and Cummins Inc. Announce Global Plan for Medium Duty Commercial Vehicle Engines Local NewsBusiness Facebook STUTTGART, Germany & COLUMBUS, Ind.–(BUSINESS WIRE)–Feb 23, 2021– Today, Daimler Truck AG and global power leader and independent engine manufacturer Cummins Inc. (NYSE: CMI) announced that the companies have signed a memorandum of understanding establishing a global strategic partnership for medium duty engine systems. The companies added that other opportunities for collaboration are also being evaluated. This press release features multimedia. View the full release here: As part of the planned strategic partnership, Cummins will invest in the further development of medium duty engine systems for Daimler Trucks and Buses and the global production and delivery of medium duty engines by Cummins for Daimler Trucks and Buses beginning in the second half of the decade. Martin Daum, Chairman of the Board of Management at Daimler Truck AG and a member of the Board of Management at Daimler AG said, “The memorandum of understanding between Daimler Truck AG and Cummins makes engine production at the Mannheim location fit for the future and at the same time strengthens our competitiveness. With the changeover to Euro VII, we would have to invest considerable resources in the further development of our medium duty engines. We are now freeing up these funds to focus them on the technologies that are crucial to our long-term corporate success in the transformation of our industry.” “We are pleased to announce this important strategic partnership with Daimler to provide the medium duty engine systems for Daimler Trucks and Buses in global markets,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “Our partnership is a terrific opportunity for both companies to be more competitive, drive global innovation, expand offerings to customers and reduce emissions. We are looking forward to working with Daimler on this and exploring other potential opportunities to grow our respective companies. As the leading independent global power solutions provider, Cummins is committed to ensuring any customer anywhere has the right solution, by offering them a broad range of power solutions from advanced diesel, near-zero natural gas, fully electric, hydrogen and other technologies.” Production of medium duty Cummins engines at the Daimler Mannheim plant Cummins Inc. will establish an engine plant within the Mercedes-Benz Mannheim campus, efficiently utilizing existing resources to produce medium duty engines compliant with the Euro VII emissions standard for Mercedes-Benz and ensuring continued joint success in the medium duty vehicle segment. With this strategic partnership, Daimler Truck AG and Cummins will help maintain employment at the Mannheim plant. Cummins will use its existing footprint and strong production and supply chain networks in all other regions for use in other Daimler Trucks’ brands, including those of Daimler Trucks North America. “By signing this memorandum of understanding, we are presenting a clear future perspective for the Mannheim site, which produces medium duty engines today and will continue to do so moving forward. This is good for Mannheim,” says Martin Daum. “This will of course bring some changes to the site. Together with the works council, we will shape the changes in the coming years and develop joint solutions, always keeping the interests of our customers, employees and the company in mind.” Daimler Truck’s focus on alternative drive technologies and heavy-duty commercial vehicle engines Daimler anticipates the partnership with Cummins will enable Daimler to increase and accelerate its development efforts on alternative and emerging technologies, including non-diesel engines. In the future, Daimler Truck AG will focus on the further progression of zero-emission drive technologies, as well as further development of commercial heavy-duty drivetrains. The production of the current medium duty engine generation (MDEG) by Daimler Truck AG will end with the start of production of the Cummins engines at Mannheim. In a next step, the partners will evaluate a broader global strategic cooperation through identifying potential synergies in areas such as powertrain components and engine system components. The Daimler heavy-duty engine platform (HDEP) for the heavy-duty vehicle segment of Daimler Trucks and Buses will remain in the Daimler Truck AG portfolio. The HDEP engine family will continue to be manufactured by the global production network in Mannheim and Detroit, Michigan and fitted in heavy-duty trucks, in touring coaches as well as in third-party products worldwide. About Cummins Inc. Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 57,825 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $1.8 billion on sales of $19.8 billion in 2020. See how Cummins is powering a world that’s always on by accessing news releases and more information at Forward-looking disclosure statement Information provided in this release that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our forecasts, guidance, preliminary results, expectations, hopes, beliefs and intentions on strategies regarding the future. These forward-looking statements include, without limitation, statements relating to our plans and expectations for our revenues and EBITDA. Our actual future results could differ materially from those projected in such forward-looking statements because of a number of factors, including, but not limited to: any adverse results of our internal review into our emissions certification process and compliance with emission standards; increased scrutiny from regulatory agencies, as well as unpredictability in the adoption, implementation and enforcement of emission standards around the world; policy changes in international trade; the U.K.’s exit from the European Union (EU); changes in taxation; global legal and ethical compliance costs and risks; increasingly stringent environmental laws and regulations; future bans or limitations on the use of diesel-powered products; supply shortages and supplier financial risk, particularly from any of our single-sourced suppliers, including suppliers that may be impacted by the COVID-19 pandemic; market slowdown due to the impacts from the COVID-19 pandemic, other public health crises, epidemics or pandemics; impacts to manufacturing and supply chain abilities from an extended shutdown or disruption of our operations due to the COVID-19 pandemic; supply shortages and supplier financial risk, particularly from any of our single-sourced suppliers, including suppliers that may be impacted by the COVID-19 pandemic; aligning our capacity and production with our demand, including impacts of COVID-19; large truck manufacturers and original equipment manufacturers (OEMs) customers discontinuing outsourcing their engine supply needs or experiencing financial distress, particularly related to the COVID-19 pandemic, bankruptcy or change in control; a slowdown in infrastructure development and/or depressed commodity prices; failure to realize expected results from our investment in Eaton Cummins Automated Transmission Technologies joint venture; the actions of, and income from, joint ventures and other investees that we do not directly control; product recalls; the development of new technologies that reduce demand for our current products and services; lower than expected acceptance of new or existing products or services; variability in material and commodity costs; product liability claims; our sales mix of products; protection and validity of our patent and other intellectual property rights; disruptions in global credit and financial markets as the result of the COVID-19 pandemic; labor relations or work stoppages; reliance on our executive leadership team and other key personnel; climate change and global warming; our plan to reposition our portfolio of product offerings through exploration of strategic acquisitions and divestitures and related uncertainties of entering such transactions; exposure to potential security breaches or other disruptions to our information technology systems and data security; political, economic and other risks from operations in numerous countries; competitor activity; increasing competition, including increased global competition among our customers in emerging markets; foreign currency exchange rate changes; the performance of our pension plan assets and volatility of discount rates, particularly those related to the sustained slowdown of the global economy due to the COVID-19 pandemic; the price and availability of energy; the outcome of pending and future litigation and governmental proceedings; continued availability of financing, financial instruments and financial resources in the amounts, at the times and on the terms required to support our future business; and other risks detailed from time to time in our SEC filings, including particularly in the Risk Factors section of our 2020 Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the SEC, which are available at or at in the Investor Relations section of our website. About the Mercedes-Benz Mannheim plant Mercedes-Benz and Mannheim are linked by a very special history. On January 29, 1886, this is where engineer Carl Benz invented the world’s first automobile with the patent number 37435 – the Benz Patent Motor Car. What is now the Mercedes-Benz Mannheim plant was founded first in Luzenberg, Mannheim-Waldhof in 1908. The site has over 5,000 employees working on the production of engines and associated components for all categories of commercial vehicles worldwide. The plant’s foundry is one of the world’s leading producers of cast-iron vehicle components. In addition, engines for commercial vehicles as well as passenger cars are remanufactured in the “European Center for Reconditioned Engine Production.” In the Competence Center for Zero-Emission Mobility (KEM), the company has also been accompanying the drive systems of the future for all vehicle categories from prototype to series production for over 25 years. Training and securing new talent are also equally important in Mannheim, where more than 11,000 young people have completed their apprenticeships in its over 100 years of operation. Daimler Trucks & Buses Daimler Trucks & Buses is one of the world’s largest commercial vehicle manufacturers, with more than 35 primary locations around the world and approximately 100,000 employees. The company brings together seven vehicle brands under one roof: Mercedes-Benz (light, medium and heavy trucks as well as city, intercity and touring coaches) and Setra (intercity, long-distance and premium coaches) are our traditional European brands; our U.S. brands Freightliner Trucks (trucks in weight classes 5 to 8 for a wide range of commercial vehicle applications), Western Star (heavy trucks for specialized and long-haul transports) and Thomas Built Buses (light to medium duty buses); and our Asian brands Bharat Benz, based in Chennai, India (trucks in the weight classes 10 to 55 t and medium and heavy-duty buses) and FUSO with its headquarters in Japan (trucks and buses for Asia, the Middle East, Africa, Europe and Latin America). This allows Daimler Trucks & Buses to offer its customers around the globe a broad spectrum of commercial vehicles, ranging from minibuses to heavy-duty trucks for special-purpose transport applications – in short: products and solutions for everyone who keeps the world moving. Gottlieb Daimler and Carl Benz laid the foundation for the modern transport industry more than 120 years ago. Over the past decades, Daimler’s truck and bus divisions have consistently set standards for the entire transportation industry – in terms of safety, fuel efficiency and driver and passenger comfort. It is now time for the next evolutionary step: emission-free, automated and connected driving. Daimler Trucks & Buses is working to bring these important technologies to high-volume series production, across brands, divisions and regions. In this way the company intends to take a major step closer to realising its vision of CO2-neutral transport and accident-free driving whilst also contributing to the sustainability of global goods and passenger transport. In 2020, a total of 378,500 trucks and buses were delivered. Revenue was €34.7 billion. EBIT amounted to €525 million. Further information from Daimler Trucks is available online: and View source version on CONTACT: Media Contacts: Uta Leitner, +49 7 11 17-53058,[email protected] Florian Laudan, +49 7 11 17-41526,[email protected] Jon Mills, Cummins Inc. Director, External Communications, +1 317-658-4540,[email protected] KEYWORD: INDIANA GERMANY EUROPE UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING ALTERNATIVE ENERGY ENERGY MANUFACTURING ALTERNATIVE VEHICLES/FUELS OTHER AUTOMOTIVE OTHER TRANSPORT ENVIRONMENT TRUCKING GENERAL AUTOMOTIVE TRANSPORT OTHER MANUFACTURING AUTOMOTIVE OTHER ENERGY PUBLIC TRANSPORT SOURCE: Cummins Inc. and Daimler Truck AG Copyright Business Wire 2021. PUB: 02/23/2021 08:00 AM/DISC: 02/23/2021 08:02 AM WhatsApp Twitter Previous articleHumio Announces Advanced Log Management Certification Course for ITOps, DevOps and SecOps PractitionersNext articleRe-Vana Therapeutics Strengthens Executive Team with the Appointments of Michael Nash as Chief Commercial Officer and David Shima, PhD, as Vice President of R&D Digital AIM Web Supportcenter_img Pinterest Twitter Facebook By Digital AIM Web Support – February 23, 2021 TAGS  WhatsApplast_img read more

Cllr says An Taisce report will widen divide between rural and urban areas

first_img Man arrested in Derry on suspicion of drugs and criminal property offences released Twitter By News Highland – March 13, 2015 Facebook Man arrested on suspicion of drugs and criminal property offences in Derry 365 additional cases of Covid-19 in Republic Google+ Cllr says An Taisce report will widen divide between rural and urban areas Inishowen Councillor Martin Mc Dermott has accused An Taisce and the Government of continuing to undermine the entire viability of rural Ireland.He made the comments in response to the latest report from the heritage agency.The report wants to stop the development of one-off housing and force families to move to villages and towns, rather than allowing them to settle in rural locations.Cllr McDermott says the gap between rural and urban areas is widening………..Audio Player Up/Down Arrow keys to increase or decrease volume. HSE warns of ‘widespread cancellations’ of appointments next week Pinterest PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal center_img Homepage BannerNews WhatsApp Previous articleKathy Griffin quits Fashion Police after just seven showsNext articleFuneral of tragic Lisa Orsi takes place today News Highland RELATED ARTICLESMORE FROM AUTHOR Google+ Dail to vote later on extending emergency Covid powers WhatsApp Pinterest Facebook Twitterlast_img read more

Further consultation announced for Derry – Buncrana Greenway

first_img Twitter Google+ By News Highland – December 17, 2018 WhatsApp Pinterest Twitter Facebook WhatsApp As plans are finalised for the new Derry to Buncrana greenway, an additional consultation has now been planned for Tooban on Thursday 7 February to finalise the emerging greenway route.In a statement, the project team says while an assessment of the route options has been completed and the report will be published in February 2019, a number of possible alternative routes have been suggested for the section linking Inch Island to Fahan as part of the feedback received from the initial consultations.The project’s Communications Manager is Ronan Gallagher…….Audio Player Up/Down Arrow keys to increase or decrease volume.*******************Statement in full -The project team overseeing the planning and construction of the new Derry to Buncrana greenway has said that an additional consultation has now been planned for Tooban on Thursday 7 February to finalise the emerging greenway route. While an assessment of the route options has been completed and the report will be published in February 2019, a number of possible alternative routes have been suggested for the section linking Inch Island to Fahan as part of the feedback received from the initial consultations.At those consultation events which were held in June 2018, over 200 people attended and numerous written submissions were subsequently received by the project team. A key outcome from that consultation process is that people on the whole are very supportive of the project concept. However, as a result of some of the feedback received regarding the section linking Inch Levels to Fahan village, before finalising the preferred route in this section, the two local authorities have decided to examine and assess some alternative corridors, including those suggested by landowners in their initial feedback, supplementing those routes examined previously in the first phase. Ronan Gallagher, Communications Manager said: ‘following the feedback received, the project team feels it is important to explore fully all possible alternatives. As the alternative options were not originally presented it is now important that we go back to let the wider public have their input on them as well as speaking with people who may have land along one of the new routes.’ He continued: ‘one of our key objectives is to build infrastructure that will encourage people to cycle and walk between Derry and Buncrana, whether it be a local or cross-border journey. The important aspect of the project is to deliver something which is safe, thus encouraging more people to leave the car at home. Whilst there is significant support for the greenway project, we would like to acknowledge some of the genuine concerns raised by landowners in the area, and we will strive to ensure that no matter the preferred route selected, impact on those living in proximity to the developed infrastructure will be minimised.’The new consultation event will be held in Fowler Hall, Tooban, on Thursday 7 February 2019. Additional information on the event will be published in the New Year to coincide with the report that identifies the emerging route for the other sections of the route, namely Derry to Burnfoot and Lisfannon to Buncrana, and the project team will contact those landowners who may be affected by this route in advance of publication of the report.For more information go to Further consultation announced for Derry – Buncrana Greenway DL Debate – 24/05/21 Loganair’s new Derry – Liverpool air service takes off from CODA center_img News, Sport and Obituaries on Monday May 24th Google+ Arranmore progress and potential flagged as population grows Pinterest Homepage BannerNews Nine til Noon Show – Listen back to Monday’s Programme RELATED ARTICLESMORE FROM AUTHOR Important message for people attending LUH’s INR clinic Facebook Previous articleAudio Update – Mass goers targeted by thieves in CastlefinnNext articleAll the W’s together as Robbie Williams becomes WW ambassador News Highland last_img read more

Low-paid opt out of 48-hour week rule

first_imgLow-paid opt out of 48-hour week ruleOn 12 Dec 2000 in Personnel Today Eight outof 10 staff at manufacturing and distribution companies have opted out of the48-hour week, according to a new study . The surveyexamined pay, benefits and conditions for 7,760 staff at 21 UK manufacturingand logistics organisations. It found that a large proportion of employees workin relatively low paid jobs and may routinely work overtime to boost earnings –taking them over the 48 hour limit.Of theorganisations questioned, overtime is paid at all but one of the 32 sites, withrates ranging from standard base pay rate to three times base pay. The mostcommon overtime rate is one-and-a-half times base pay.Accordingto the William M Mercer survey, two-thirds of the organisations rated pay asthe main factor influencing staff, followed by job security. Previous Article Next Articlecenter_img Comments are closed. Related posts:No related photos.last_img read more