Bombardier shareholders to vote on call for more lobbying transparency

first_imgMONTREAL – Pension plan managers and other institutions holding millions of Bombardier shares would like to see the transportation giant go the extra mile for lobbying transparency.The Canada Pension Plan Investment Board (CPPIB), the California Teachers’ Pension Fund and the Florida State Board of Administration (SBA) said they are supporting a proposal by OceanRock Investments asking Bombardier’s board to file an annual report on direct and indirect lobbying activities.The proposal will be voted on Thursday at Bombardier’s annual meeting.SBA governance analyst Tracy Stewart says one can never be too careful given that there are currently a lot of political risks.At the end of fiscal 2017, the CPPIB, the California Teachers’ Pension Fund and the SAB — with assets under management totalling nearly $881 billion — held approximately 7.6 million Class A and B shares of the Quebec multinational.The OceanRock Investments initiative has also been endorsed by the two major shareholder advisory agencies, Glass Lewis and Institutional Shareholder Services (ISS).Bombardier has urged its shareholders to vote against the motion, arguing that is already reports monthly on its federal lobbying with the Office of the Commissioner of Lobbying of Canada and the information is found on the Quebec Lobbyists’ Registry for provincial activities.Reports on lobbying in the United States are available to the general public through the House of Representatives, it added in its proxy circular released in March.The proposal is unlikely to pass because the Beaudoin-Bombardier family controls 51.5 of the voting rights thanks to the multiple voting shares.Meanwhile, with the exception of the Florida institution, the CPPIB and the California Teachers’ Pension Fund are endorsing the compensation policy for Bombardier’s key executives.In 2017, the company’s top five executives earned total compensation of US$30.8 million, up 12.3 per cent over the prior year. Including board chairman Pierre Beaudoin raises the total payroll to US$33.4 million, up seven per cent.The annual meeting will be the last as a board member after 43 years for Laurent Beaudoin, the architect of its growth as the manufacturer of planes and trains. The meeting is ten days before his 80th birthday.Companies in this report: (TSX:BBD.B)last_img read more

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Sorry Man City — The Premier League Title Is Liverpools To Lose

Before City went into a slump, what made the team such a dominant title contender? And what happened to drop its chances so dramatically?Through October and into November, Manchester City’s underlying statistics were otherworldly good — they had analysts wondering whether this might be the best team in Premier League history. The Soccer Power Index projections are based on precisely these underlying numbers, and they reacted proportionately. The expected goals differential — the difference between expected goals for and against — shows Manchester City more than plus-2.5 per match in October and solidly more than plus-2.0 right until mid-December, based on data from analytics firm Opta Sports. This slowdown appears to be driven by two related factors: a decline in performance by the team’s aging midfield stars and injuries to key players.During Manchester City’s record-breaking title season in 2017-18, the team’s preferred midfield used Fernandinho as the defensive midfielder at the base and David Silva and Kevin De Bruyne as “free eights,” more advanced midfielders with the freedom to make runs in and around the penalty area but who are ready to lead the press should possession be turned over. The trio played together for more than 50 percent of City’s minutes in the league, and at least two were featured in more than 90 percent of the team’s minutes.De Bruyne has been unavailable most of the year because of two successive knee injuries. He has not fully recovered, missing the Southampton match this weekend. With the Belgian playmaker out, Man City has been able to play its first-choice midfield for only 35 total minutes this season, compared with more than 1,800 last season. And Silva and Fernandinho, as important as they are to City’s chances, are 32 and 33 years old respectively. Both have needed rest, and both suffered muscle injuries in late December. In Man City’s losses against Crystal Palace and Leicester City, neither Silva nor Fernandinho made the starting lineup.Man City’s biggest problems, then, seem to boil down to personnel. The heavy workload already had strained Fernandinho in his difficult role as the lone defensive midfielder, and then injuries left Guardiola with almost none of his preferred midfielders. Ilkay Gundogan and Bernardo Silva are good players, but they have not been able to properly replace Fernandinho and David Silva.This is good news for City fans: Fernandinho and David Silva are back, and they dominated Southampton en route to a 3-1 win. De Bruyne may even be ready to join them Thursday. We should expect a Manchester City with a fit midfield to be more than good enough to win a home match against Liverpool and keep the title race going.At the same time, Man City fans still have cause for concern. Given the ages of David Silva and Fernandinho, another slowdown or injury is hardly unlikely. And with City looking at a deep run in the Champions League,2The Soccer Power Index still makes City the favorites to lift that trophy. the team’s performance level cannot be expected, on average, to remain in its early season stratosphere. Expected goals differential still shows City as the best team in the league, but the margin of its advantage over Liverpool from October is unlikely to return.This gives Liverpool every chance at its first league title in decades. And the Reds are here because they have become the smartest-run team in England. Liverpool lost a key creative midfielder, Alex Oxlade-Chamberlain, to a serious knee injury at the end of last season. But high-level replacements were already lined up. The club had reached an agreement with RB Leipzig the previous summer for the transfer of creative dynamo Naby Keita, and over the summer Liverpool added another creator in Xherdan Shaqiri as well as Fabinho for defensive midfield depth. Keita has struggled with his fitness; for a player who was clearly the best dribbler in Germany, his 0.2 progressive runs per 90 minutes show that Liverpool still hasn’t seen his best. But the Reds’ clever business strategy means they could weather a slow start. Shaqiri has been revelatory — with six goals, two assists and a team-leading 4.1 progressive passes per 90 minutes — and Fabinho has settled in solidly at defensive midfielder.Liverpool has made steady improvements as the season has gone on. The Reds continued a trend I noticed last year, in which the team has gradually pulled back on its high press while improving defensively. This year, while the team’s mere eight goals conceded reflects some good fortune, its average of 0.81 expected goals conceded per match (about 16 expected goals allowed total) is the best of manager Jurgen Klopp’s tenure. And Liverpool has done it with its least aggressive midfield press of the last four seasons, breaking up less than 49 percent of new opposition open-play possessions within three passes. Klopp has acknowledged this somewhat more pragmatic style as a tactical choice to get the most out of his team over a full season. Against Manchester City away, coming off a full slate of holiday fixtures, Liverpool will need to draw on this newfound defensive pragmatism. City should look to dominate possession, but Klopp’s tactical developments at Liverpool have helped build a team that can control matches without the ball. And if City’s aging midfield makes a misstep or if Fernandinho finds himself isolated or out of position, Liverpool’s devastating forward three of Sadio Mane, Roberto Firmino and Mohamed Salah will make him pay. The quality of Liverpool’s attack, especially in the open field on the counter, is such that even a fully recovered Manchester City could be caught out and defeated.City is favored on Thursday for good reason. But over the full season, City looks more fragile than Liverpool, which has been built into a deep and tactically variable unit with smart analytics and coaching. If Man City can maintain the fitness of its 30-something midfield stars, it has the advantage, but that’s a big “if.” With just more than four months remaining in the season, another dip in form or fitness from City’s midfield is likely, and that plus a lead of at least 4 points would probably be enough for the Reds. Klopp’s side could put the title to bed Thursday, but even if City gets the win, Liverpool should still be favorites to lift the trophy.Check out our latest soccer predictions. The Premier League season is barely halfway over, but the title basically could be decided this week. Right now, Liverpool has a 7-point lead over Manchester City at the top of the table.1With Tottenham Hotspur up by 1 point on City. The two teams face off Thursday at Etihad Stadium in Manchester, and a Liverpool victory would result in a likely insurmountable 10-point gap.Only two weeks ago, Liverpool’s lead was just 1 point, 45 to 44. And at the beginning of December, it was Manchester City in front, with a 2-point cushion. But the holidays were a nightmare for City. Manager Pep Guardiola saw his team lose easily winnable matches at home to Crystal Palace and away to Leicester City, while Liverpool swept its holiday fixtures. If you had watched these events from the perch of FiveThirtyEight’s Soccer Power Index projections, you would have experienced severe whiplash. Not only did Liverpool open up a lead out of nowhere, but the projections remained extremely bullish on City’s chances right until the bottom fell out. read more

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Premier Announced to Media of Investigation of British Atlantic Financial Services

first_img Bishop says peace & prosperity is everybody’s responsibility at Law Enforcers Church Service Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 12 Nov 2014 – While we await what will be the fate of floundering British Atlantic Financial Services Ltd, the government is deciding if it will bail the company out to save the thousands of policies…and there will also be an investigation into the handling of the company’s case. The Turks and Caicos Weekly News runs a story on the probe, announced to media by the Premier. Hon Dr Rufus Ewing is quoted saying: “We will be investigating internally this particular issue with regard to this particular case and the FSC in general,” It took the FSC six months to come to the determination that BAFSL should be wound up or liquidated and it is said, FSC Managing Director, Kevin Higgins charged that the regulatory framework of the FSC needs bolstering… he hit out at government and government retaliated with “efforts have been made to introduce relevant laws.” Managing Director of BAFSL, Wilbur Caley went on a media campaign to explain that his company had a plan to expand and grow the business, but was prevented; that public relations move and the decision of policy holders not to liquidate as yet anyway, has caused the Supreme Court to delay its decision. The Premier publically asked for deep consideration by all of those involved. It is said British Atlantic is some $6.2 million dollars in the hole. Veras confirmed as second murder, investigation launched Related Items:British Atlantic Financial Services, investigaTION, premier rufus ewing, turks and caicos weekly news Beaches puts former Premier on blast about controversial pier Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for youlast_img read more

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BlackBerry Storm 2 coming soon w Video

first_img The Storm 2, from Research In Motion (RIM), is almost the same size and weight as its predecessor, but looks more up-to-date, with a brighter, sharper screen and more responsive interface. The disconcerting “crack” between the display and the keys has gone, as has the mechanical SurePress interface. This has been replaced by an electronic version, which is more accurate because it has three more activators beneath the screen to sense when you are pressing on it than the first generation BlackBerry had. © 2009 PhysOrg.com (PhysOrg.com) — RIM are soon to release their updated BlackBerry, the Storm 2 smart phone, with a more streamlined design and touch-sensitive buttons instead of the hardware buttons of the first version. Li-Air: Argonne opens new chapter in battery research (w/ Video) BlackBerry Storm 2 BlackBerry Storm 2center_img Explore further The touch keyboard has also been improved to make typing faster, and it still includes SureType, which predicts your entries and speeds up typing. In the old Storm, the screen moved as you typed, but in Storm 2 it stays still and there is electronic feedback instead of mechanical. The interface now allows multiple key presses, which facilitates typing combinations such as Alt/key or Ctrl/key.The inertial scrolling is also better, and more responsive to flicking than the first version. As with all BlackBerry models, the Storm 2 has all the expected messaging and email capabilities, but it also has Wi-Fi, which its predecessor did not. Pages load quickly, especially over Wi-Fi. Citation: BlackBerry Storm 2 coming soon (w/ Video) (2009, October 20) retrieved 18 August 2019 from https://phys.org/news/2009-10-blackberry-storm-video.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

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Carbon nanotube logic device operates on subnanowatt power

first_img Citation: Carbon nanotube logic device operates on subnanowatt power (2013, September 23) retrieved 18 August 2019 from https://phys.org/news/2013-09-carbon-nanotube-logic-device-subnanowatt.html Toward achieving one million times increase in computing efficiency The researchers, Michael L. Geier, et al., at Northwestern University in Evanston, Illinois, and the University of Minnesota in Minneapolis, have published their paper on the subnanowatt CNT logic in a recent issue of Nano Letters.”A modern-day integrated circuit has more than 1 billion transistors,” coauthor Mark C. Hersam, Professor of Materials Science and Engineering, Chemistry, and Medicine at Northwestern University, told Phys.org. “Consequently, the power dissipation per transistor needs to be very low in order for the entire circuit to have a reasonable power consumption. In fact, it is generally accepted that power consumption is the key limiting factor to achieving further increases in the complexity (i.e., number of transistors) in integrated circuits.”As the researchers explain, one of the biggest advantages of CMOS architecture is that it has intrinsically low power consumption. This benefit arises from the fact that, unlike other logic architectures, one of the two types of transistors (p-type or n-type) is turned off under steady state conditions in each logic gate in CMOS devices. In order to fully take advantage of this potential for extremely low power consumption, the p-type and n-type transistors need to have precisely tuned and well-separated threshold voltages, which are the voltage levels that determine whether the device is ON or OFF. So far, this issue of the threshold voltages has not been addressed, and the researchers here identified it as the key challenge limiting the realization of highly integrated CNT-based CMOS electronics.In their study, the researchers used a metal gate structure to achieve symmetric and clearly separated threshold voltages for p-type and n-type CNT transistors, resulting in the ultralow power consumption. In the static states, in which the device is either ON or OFF, power consumption is less than 0.1 nW. At the midpoint of the transfer state, when both p-type and n-type transistors are simultaneously in the ON state, the voltage reaches its peak at 10 nW. By connecting multiple CNT transistors in various configurations, the researchers demonstrated inverter, NAND and NOR logic gates. In the future, these gates can be integrated into complex circuits, where they can provide subnanowatt static power consumption along with the other advantages of CNTs, such as solution processability and flexibility.”We are now working on making more complicated circuits, where we will have substantially more transistors and cascaded logic gates,” Hersam said. “We also have an interest in combining carbon nanotubes with other emerging nanoelectronic materials in our lab (e.g., molybdenum disulfide [MoS2]).” © 2013 Phys.org. All rights reserved. Illustrations of (a) the CNT CMOS inverter and (b) a cross-section of an individual CNT transistor, including a 25-nm-thick Ni gate that enables ultralow power consumption. (c) Atomic force microscopy image of the CNT film morphology in the transistor channel region. Credit: Geier, et al. ©2013 American Chemical Society This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.center_img Journal information: Nano Letters (Phys.org) —Researchers have demonstrated a new carbon nanotube (CNT)-based logic device that consumes just 0.1 nanowatts (nW) in its static ON and OFF states, representing the lowest reported value by 3 orders of magnitude for CNT-based CMOS logic devices. The device could serve as a building block for large-area, ultralow-power CNT logic circuits that can be used to realize a variety of nanoelectronics applications. Explore further More information: Michael L. Geier, et al. “Subnanowatt Carbon Nanotube Complementary Logic Enabled by Threshold Voltage Control.” Nano Letters. DOI: 10.1021/nl402478plast_img read more

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There is no greater joy than giving

first_imgEvery time he steps out of his home for work, he always makes it a point to load his car with some biscuits, toys and toffees for the kids he would meet on his way. Whoever knocks at his car window at the red light crossings never go empty-handed, they are always greeted with some edible stuff, some soothing words and a hearty smile. This might seem a bit unusual in today’s time, where everybody is too cramped up in their own comfortable world to roll down the window and peep into the world that exists on the other side of the window. But for him, it’s a daily chore, a habit that he has happily nurtured over time. Also Read – Add new books to your shelfMeet Abhay Chawla, now a professor of Journalism and New media, University of Delhi, who was a trained Electronics engineer from IIT Varanasi. He had served in the IT industry for quite some time but left it to work in the rural areas on education, health and environment. At the time when the West launched ‘The Ice-bucket Challenge’ in support of ALS, Abhay invented the Indian version of it – ‘The Atta Theli Challenge’. Whoever was nominated to take up this challenge was required to donate a packet or more of Atta, dal or rice to any poor and needy person around him. He created a group on Facebook and invited over thousands of people from all over India to take up this challenge.  Also Read – Over 2 hours screen time daily will make your kids impulsiveAs a result, over thousands of poor people benefited from it as almost everyone in the group completed the challenge and posted a picture of the same. Some did it to gain accolades among their social circle, while others genuinely and willingly undertook this task and did the noble deed. When asked about his motivation behind carrying out this campaign single-handedly he said, “On seeing the Indian youth stupidly copying the challenge (ice-bucket challenge) whereas there are so many local issues that being neglected in the country, the idea struck me. Hunger is a huge issue in India and ‘Atta Theli Challenge’ was a way to involve the community to beat hunger. The more people get involved , the more we can fight off hunger.” Living in the Millennium City, where the snooty residents wouldn’t allow a single rag picker or a beggar to trespass their premises, he has them as regular visitors to his place. They often drop by for food, for some insightful discussions and sometimes just to share the intricacies of their life and the hardships they face, with their favourite uncle. He is quite the listener, and on some days he just does not leave an opportunity to impart knowledge that would be useful to them and silence all their curiosities about things, quite unfailingly.Whether it is Holi, Diwali or Christmas he loves to play the Santa Claus for those children. On Holi, he along with his friends took a group of kids living under the metro bridges in Gurgaon to a swanky restaurant for a lunch. Waving away the fear of being judged by the fellow diners, he fulfilled their dream of eating at a big restaurant, enjoying the exquisite cuisine and experiencing air-conditioning for the very first time in their lives. On being asked about the kind of reactions he got from the other people present at the restaurant, he said, “A lot of people looked at me with sheer bewilderment, some of them ignored us while some were plain cynical about my motive but quite a few came and congratulated me, the staff fell in line when they found out that I am a professor at DU.”His Facebook page is full of inspiring stories that would help one to come out of his/her comfortable cocoon and work for the underprivileged strata of the society. As he says, “Believe in your ability and understand that we all are interconnected and life is ephemeral. There cannot be a greater joy in giving when you have the resources in abundance.”last_img read more

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