Chelsea youngster Marco van Ginkel has joined AC Milan on a season-long loan deal.The Dutch star has had his promising career held up by a knee injury and he has been sent off to Italy for a season to rediscover his fitness and form.Initially the deep-lying midfielder rejected the move but manager Jose Mourinho convinced him it would be the best thing for his career.Milan will pay around £400,000 for the short-term switch but that figure will drop if they provide the youngster with upward of 20 matches. The incentive appealed especially to Chelsea who want the prospect to play as much as possible after they sent Victor Moses on loan to Liverpool last season and he rarely played.“I am very happy to have arrived in Milan,” Van Ginkel said on www.acmilan.com. “A lot of Dutch players have played in this great club, big names.“I’m just happy to be finally here. I spoke to (AC Milan’s Holland international) Nigel De Jong and he told me very good things about this club.” 1 Marco van Ginkel
The Department of Trade and Industry (DTI) has gazetted a manual that provides guidelines and standards for measuring compliance with South Africa’s black economic empowerment (BEE) codes of good practice. The manual also outlines the procedures to be followed in providing assurance on whether the requirements of the country’s BEE codes of good practice have been met. Would you like to use this article in your publication or on your website? See: Using SAinfo material SAinfo reporter “The manual … will go a long way to increasing the authentication and substantiation of broad-based black economic empowerment reporting,” the department said. It would also “make a substantial contribution to changing the way the business of broad-based black economic empowerment verification is done, and [to] instilling a sense of accountability in respect of industry-governed norms and standards.” 12 August 2008 The broad-based black economic empowerment verification manual is available at the Department of Trade and Industry offices in Pretoria as well as on the DTI website. The DTI said in a statement last week that the manual aimed to set “acceptable minimum standards of ethical conduct underpinning the responsibility of verification agencies when performing verification and reporting on the [BEE] scorecard.”
Tomas Berdych of the Czech Republic reacts after defeating Italy’s Fabio Fognini during their fourth round match at the Australian Open tennis championships in Melbourne, Australia, Monday, Jan. 22, 2018. (AP Photo/Vincent Thian)Tomas Berdych will face a familiar tricky problem after powering past Fabio Fognini into the quartefinals of the Australian Open on Monday for a seventh time.The Czech, seeded 19 and a two-time semi-finalist in Melbourne, put away the 25th seeded Italian 6-1, 6-4, 6-4 in 2hr 8min on Margaret Court Arena.ADVERTISEMENT His reward will be yet another match against the great Roger Federer, his fifth in Melbourne and his 26th overall.The Swiss 19-time Grand Slam champion holds all the aces with a one-sided 19-6 record and Berdych knows he faces another tough challenge if he is to progress in the year’s opening Grand Slam. FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutout“If there is any plan or any key to success then I would like to know that,” he told reporters to the oft-asked question about his chances against Federer.“I’m definitely going to go out there, try my best, try to play good tennis, and believe myself that I can do it. 2 ‘newbie’ drug pushers fall in Lucena sting View comments Berdych went into Monday’s match holding the record for the most number of Australian Open round of 16 appearances by a Czech man with 10 ahead of Ivan Lendl’s eight.He said he was feeling much better after back issues flared late last year.“I’m enjoying it a lot. I’m glad to be back in the shape that I am right now, which is finally healthy and that makes the difference,” he said. Slow and steady hope for near-extinct Bangladesh tortoises LATEST STORIES John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Kammuri turning to super typhoon less likely but possible — Pagasa Yeng Guiao, Chris Ross fined for verbal altercation Read Next MOST READ Brace for potentially devastating typhoon approaching PH – NDRRMC NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Typhoon Kammuri accelerates, gains strength en route to PH Don’t miss out on the latest news and information. “I did it in the past, and also, I did it in the slams, so I know how it is to beat him for the best-of-five sets.“But obviously he’s an extremely tough opponent. I will just to go out there and swing at some balls.”Berdych was in little trouble against the maverick Fognini, breaking the Italian’s serve six times, hitting 37 winners and offset with 20 unforced errors.“I won in three sets, and that’s it. So if we’re going to go play tomorrow again, it would be probably a different match,” Berdych said.“You just have to take it as it is. I was expecting a tough one and I was ready for it. I had a good game plan, and I was able to execute it all the way through the three sets, so I did it way better today.”ADVERTISEMENT Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH
About the authorPaul VegasShare the loveHave your say Anderlecht assistant manager Davies defends Kompany over sack talkby Paul Vegasa month agoSend to a friendShare the loveAnderlecht assistant manager Simon Davies has defended the work of player-boss Vincent Kompany.There’s talk the former Manchester City pair could be sacked if they lose in the Cup tonight against Beerschot.Davies said, “Vinnie works very hard for the club to bring us back to where Anderlecht should be. “We will reverse this and get results quickly.”The injuries, the many young players and the new system cost us a lot of time. It is a process that requires a lot of time and effort. Together with my staff we continue to focus on the process. But talking about it is easy, of course, we have to show it on the field.”
Japanese duo Nippon Yusen Kabushiki Kaisha (NYK) and Oshima Shipbuilding have teamed up on designing and constructing a liquefied natural gas (LNG) powered Post-Panamax bulker.Their research and development proposal was approved by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) as part of a campaign on introducing cutting-edge vessels that use the Internet of Things (IoT) for further safety and efficiency, and eco-friendly fuel for propulsion.The approval is expected to accelerate the practical application of the plan, NYK said.Under the plan, set to take four years to carry out, the duo plans to develop a vessel which will greatly reduce its environmental impact. The design aims to minimize the loss of cargo space by optimizing LNG fuel tank and accommodation arrangements.In addition, by optimization of outfitting and piping, the construction time is expected to be reduced by 20 percent for LNG-fueled ships, which currently require more time for construction than other types of vessels.NYK said that objective was to achieve a 30 percent reduction of Energy Efficiency Design Index (EEDI) for bulk carriers constructed after January 1, 2025.“Recent, newly designed vessels have reduced EEDI by 20 to 30 percent, but in some conditions, it is difficult for Post-Panamax carriers to achieve greater reductions. By using environment-friendly LNG fuel that emits less CO2 than that emitted by C heavy oil, reductions can be attained before regulations commence,” NYK added.Separately, the shipping company announced a new medium-term management plan named “Staying Ahead 2022 with Digitalization and Green”.In order to reduce market volatily and boost profit, NYK group plans to reconfigure its business portfolio so as to secure stable-freight-rate business, with key priorities being digitalization and environmentally sustainable supply chain.This is going to be achieved by a combination of NYK’s core competence with advanced elemental technologies in the market, the company announcement reads.Earnings and financial targets Image Courtesy: NYK
MONTREAL – The Caisse de depot et placement du Quebec pension fund has made a $250-million preferred equity investment in Avison Young, a commercial real estate services firm.Avison Young says the money will help fund acquisitions and hiring as part of its global expansion, while a portion will also be used to buy back shares held by Parallel49 Equity and others.The Caisse invested in a newly authorized class of non-voting preferred shares of the firm, though the terms of the transaction were not disclosed.As part of the deal, the Caisse will be entitled to choose three of the nine members of Avison Young’s board of directors.Avison Young says the deal will help its international expansion as it gives it access to a wide network of expertise, deal flow and market intelligence.The pension fund says it looks forward to supporting Avison Young’s growth, which has already seen it expand to 84 offices across North America and Europe.
HOFFMAN ESTATES, Ill. – Sears Holdings Corp. is closing another 13 Kmart stores and 33 Sears stores as sales shrink and losses grow.The ailing company said Thursday that liquidation sales at the 46 unprofitable stores marked for closure will start Aug. 30, and the stores will close in November. The company said it informed its workers.The move comes as Sears is considering a bid from CEO Eddie Lampert’s hedge fund ESL Investments to acquire its jewel Kenmore appliances from the company for $400 million. The company has put others of its famous brands on the block before.In January, Sears had said it was closing 100 stores. It announced in May that it was closing another 100. As of May 5, it had about 894 stores, down from about 1,000 at the end of last year. The number of stores peaked in 2012 at 4,000, which included the Sears Canada division that was later spun off. In 2005, when Sears merged with Kmart, it operated 2,200 stores.The latest closings underscore the deep-rooted problems at Sears, a onetime powerhouse retailer that survived two world wars and the Great Depression but has been calving off pieces of itself as it burns through money.
MONTREAL – A shareholder critical of DavidsTea Inc. co-founder Herschel Segal says it has sold most of its holdings in the tea company.TDM Asset Management Pty Ltd. says it recently sold 579,902 shares, raising the total number of shares it has unloaded since June 15 to 2.7 million, roughly a 10.6 per cent stake in the company.The Australian-based company says it has received an average price of US$3.43 per share for a total of US$9.38 million.Prior to the sales, TDM owned a more than 12.2 per cent stake in DavidsTea. It still has 225,302 shares or a 0.87 per cent stake, according to a securities filing.TDM was one of three large shareholders that failed in a fight against Segal’s slate of director nominees, questioned Segal’s turnaround plan and accused him of trying to acquire the company without paying a premium.Shares of DavidsTea traded for nearly US$30 in 2015. The shares closed down five cents to US$2.35 in trading Tuesday on the Nasdaq.Note to readers: This is a corrected story. A previous version had the incorrect dollar value for total shares sold.
DAWSON CREEK, B.C. — The City of Dawson Creek and Spectra Venue Management, which runs the Encana Events Centre, will be entering into a five-year hosting agreement with Hockey Canada. The partnership, the first of its kind for Hockey Canada, will create a long-term certainty in a location for Hockey Canada and their events. The City says that the agreement will be a great benefit for both the City and the Peace as a whole, bringing positive economic and social impacts to the region. “Hockey Canada has identified Dawson Creek as a great partner community to pilot the concept of a long-term hosting agreement whereby the community and Hockey Canada mutually benefit through long term financial legacy but equally important the social, infrastructure and community hockey legacy” said Dean McIntosh, Hockey Canada’s Vice President of Events and Properties.The partnership is a new model and approach for Hockey Canada towards hosting events. This historic partnership will identify diversity in events with approximately one event being hosted at the Encana Events Centre every 18-24 months. McIntosh said that those events may include the World Parahockey Tournament, the World Junior A Challenge, pre-competition opportunities, training camps, and another as-yet undetermined event.Hockey Canada said that the City of Dawson Creek and the Encana Events Centre have both proven themselves on a number of occasions that the community can host local, national, and international events that can create a positive economic impact to the region. “This is the first agreement of its kind in Canada with an arena and Hockey Canada and we are excited for this partnership,” said Ryan MacIvor, General Manager of the Encana Events Centre. “Hockey Canada will be a primary tenant now until 2024.”At today’s announcement of the partnership, Hockey Canada also announced that Dawson Creek will be hosting the Canadian Women’s National Camp at the Encana Events Centre taking place September 10th-16th. During the week-long camp, both the Dawson Creek Junior Canucks and the Fort St. John Huskies will be playing exhibition games against Canada’s national Women’s team.
FORT ST. JOHN, B.C. – The Fort St. John Association for Community Living is reminding us to pay it forward.The 11th Annual Pay it Forward Day takes place June 14th, 2019 as a day to celebrate making someone’s day brighter with an act of kindness, friendship or just a smile.This year share a story and encourage others, if you witness or experience an act of kindness on June 14th, post it to Facebook or call one of the below hotlines; MooseFM (250) 787.2222SunFM (250) 787.7403The Bear (250) 787-9669Remember to use #payitforwardfsj on social media platforms and post on Facebook.com/fsjacl