Who owns and runs this ‘meet-me’ room? The glitches and bugs that conked the vote counting machines (VCMs) out and the ensuing almost seven hours of data outage in the transparency server when the national canvassing started right after the polling precincts closed were just a few but biggest reasons why our fourth automated elections last Monday came under fire anew. A few days before the midterm elections, the Commission on Elections (Comelec) has repeatedly given public reassurances of an “all systems go” to conduct on May 13 the national and local elections all over the country. In a press conference held on May 2, Comelec spokesman James Jimenez was even quoted saying that the poll body was 95% ready. So we take it to mean the balance of 5% accounted for all these problems that the Comelec must address. But this 5% have caused all of these hullaballoos on the glitches, bugs and data outage of the transparency server casting … [Read more...] about Who owns and runs this ‘meet-me’ room?
Aaa 2016 annual meeting
LONDON: British telecoms giant Vodafone announced Tuesday (May 14) that it recorded a vast annual net loss of 7.6 billion euros (US$8.5 billion), hit partly by the sale of its Indian assets.The loss after tax in the 2018/2019 financial year to the end of March contrasted with profit of just under 2.8 billion euros last time around, Vodafone said in a results statement.Europe's biggest mobile phone company also slashed its shareholder dividend to lower debt, simplify activities and increase investment as part of its ongoing transformation strategy."The loss for the financial year of 7.6 billion euros was primarily due to a loss on disposal of Vodafone India (following the completion of the merger with Idea Cellular) and impairments," Vodafone said.Net losses including non-controlling interests hit just over eight billion euros. That compared with a profit of 2.4 billion euros a year earlier.The poor performance was sparked partly by a 3.4-billion-euro loss from the sale of Indian … [Read more...] about Vodafone slashes dividend after vast annual loss
ISLAMABAD: Pakistan will get US$6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television, after signing the agreement.The deal comes after months of negotiations over what will be Pakistan's 22nd bail out aimed at staving off a potential balance-of-payments crisis as the country struggles with a stagnating economy.Pakistan's advisor on finance said that foreign loans have exceeded US$90 billion, and exports have registered a negative growth over the past five years."So Pakistan will get US$6 billion from the IMF, and in addition we will get US$2 to US$3 billion from the World Bank and Asian Development Bank in the next three years," said Abdul Hafeez Shaikh during the broadcast."The trade deficit reached US$20 billion and our foreign exchange reserves have dipped by 50 per cent in past two years. So we have a US$12 billion gap in our annual payments and we don't have the capacity to pay them," he … [Read more...] about Pakistan to get US$6b from IMF to meet foreign debts
Business The supervisory board of Bayer is planning an extraordinary meeting to discuss a crisis of confidence in its leadership after an investor rebuke at the German drugmaker's annual meeting, a magazine reported on Wednesday. 01 May 2019 05:25PM Bookmark BERLIN: The supervisory board of Bayer is planning an extraordinary meeting to discuss a crisis of confidence in its leadership after an investor rebuke at the German drugmaker's annual meeting, a magazine reported on Wednesday.Citing an unnamed board member, Wirtschaftswoche magazine said the meeting would take place in the next two or three weeks: "We can't just carry on like this," the person said.Bayer was not available for immediate comment on Wednesday, which is a public holiday in Germany.At Bayer's annual shareholder meeting on Friday a majority of investors cast a vote of disapproval of top management's actions.On Monday, three of Bayer's largest German investors said the drugmaker's management needed to stay at … [Read more...] about Bayer supervisory board to meet to discuss crisis: report
By Kevin Maimann Star Edmonton Brennan Doherty Star Calgary Tues., April 30, 2019 EDMONTON—Premier Jason Kenney named 22 cabinet ministers Tuesday, which is almost twice the number the NDP named at its inauguration in 2015 and five more than the NDP had at the end of its tenure. New ministries include one dedicated to eliminating “red tape” for businesses, one dedicated to natural gas, and one to mental health and addictions. Kenney also took one portfolio for himself. The new crop of United Conservative Party ministers includes some fresh political faces working in high-profile portfolios, such as health and energy, and some who have served with previous Wildrose and Progressive Conservative parties. Name: Jason Kenney Ministry: Intergovernmental affairs Article Continued Below Riding: Calgary-Lougheed Philosophy: “Alberta is an idea,” Kenney said Tuesday. “The idea that strong families, communities … [Read more...] about Meet Alberta’s new United Conservative ministers