Lean times

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KPA loses new CEO as Thedéen called to head financial regulator

first_imgHe previously worked at the Ministry of Finance, Nasdaq OMX (the Stockholm stock exchange) and the Swedish National Debt Office. He will start in his new role at Finansinspektionen on 21 October, taking over from Martin Noréus, who was appointed acting director general in April.Noréus stepped in when the regulator’s previous leader Martin Andersson left the post to become a partner with the consultancy firm Oliver Wyman.At KPA Pension, 60% owned by Folksam and 40% owned by the Swedish Association of Local Authorities and Regions (SKL), Mia Liblik has been appointed acting managing director in Thedéen’s place. She has worked at KPA since 2008, most recently as managing director of KPA Livförsäkring (life insurance) and head of market development at KPA Pension. Sweden’s KPA Pension is losing its new chief executive Erik Thedéen just six months into the job after he was appointed by the government as director general of the country’s financial regulator Finansinspektionen.Jens Henriksson, chairman at KPA Pension and chief executive at Folksam, said: “It is sad Erik is choosing to leave KPA Pension, but, at the same time, it is an honour to have such sought-after and highly skilled people in the company.”He wished Thedéen good luck in his new job.Thedéen became chief executive of the local government sector pension fund in April.last_img read more

AIDA Cruises to Start Powering Ship with LNG in Mediterranean Ports

first_imgFollowing the first successful tests, cruise ship AIDAperla will be supplied with energy produced from low-emission liquefied natural gas (LNG) while berthed at several Mediterranean ports in the coming weeks, German cruise line AIDA Cruises said. As informed, the ship will be gradually supplied with LNG while at berth at the ports of Barcelona in Spain, Marseille in France and Civitavecchia in Italy. The company is still in discussions on the topic with Palma de Mallorca in Spain.A cruise vessel spends some 40 percent of its operating time while docked in a port. Thanks to the use of its dual-fuel engine, AIDAperla can produce the required power from LNG. LNG will be supplied by an LNG truck, according to the company.By using LNG for energy supply on board, nitrogen oxide emissions can be reduced by up to 80 percent and carbon dioxide emissions by a further 20 percent. What is more, particulate matter and sulfur oxides are almost completely eliminated. This contributes to improving air quality in cruise ports in the Western Mediterranean, AIDA Cruises further said.In May 2016, AIDA Cruises carried out the first LNG-supply trial in Hamburg. Following this, similar operations were conducted in the ports of Southampton, Le Havre, Zeebrugge and Rotterdam.The cruise ship ended its Northern Europe season in mid-November 2017 after 18 months. In AIDAprima’s current cruise region, around the Canaries and Madeira, the company is working with local partners to organize the ship’s LNG supply in Funchal – Madeira, Portugal.From fall 2018, AIDA Cruises will be taking the next step – with the commissioning of AIDAnova, the cruise company will be able to operate its new generation of ships entirely with LNG – both in port and at sea.last_img read more

‘Rice for the Ilonggos’

first_imgThe Iloilo City government represented by Executive Assistant Francis Cruz (second from left) accepts from MORE Electric and Power Corp. president Roel Z. Castro (extreme left) a donation of 30 sacks of rice. MORE Power previously donated facemasks, alcohol, sanitizers, and food packs to frontliners in Iloilo City battling the spread of the coronavirus disease 2019. MORE Power will continue extending assistanceuntil this crisis is overcome, he stressed./PN ILOILO City – MORE Electric and Power Corp.(MORE Power) donated rice to the Ilonggos.In a turnover ceremony at the Relief Operation Center in Jaro Gym yesterday,city government Executive Assistant Francis Cruz accepted MORE Power’s donationof 30 sacks of rice. MORE Power has since donated facemasks,alcohol, sanitizers, and food packs to frontliners in Iloilo City battling thespread of the coronavirus disease 2019.center_img Just last week, MORE Power donated 750 rapidtest kits to the city and province of Iloilo.According to Castro, as a public utility company, MORE Power wants to supportthe frontliners fighting COVID-19. Cruz expressed his gratitude to MORE Powerthrough its President and Chief Operating Officer, Roel Z. Castro, and to KEPCOSPC Power Corp. which extended its help to the Ilonggos in partnership withMORE Power.Also yesterday morning, MORE Power sent 15 sacks of rice to the municipality ofConcepcion, Iloilo, through Mayor Raul Banias.With KEPCO SPC, it donated, too, five sacks of rice to St. Paul Hospital Iloilothrough Sr. Anna Tiguero, head of the Nursing Service Department.last_img read more

Batesville #2 place to retire

first_imgBATESVILLE, Ind. — A study released by Smart Asset has ranked Batesville the number 2 place in the state of Indiana to retire.SmartAsset gathered data on three separate regional factors that affect the quality of life for retirees. They first looked at state and local tax rates.Next, they determined the number of doctors’ offices, recreation centers, and retirement centers per thousand residents in each area.And finally, they found the number of seniors in each area as a percentage of the total population.Munster in Lake County in Northwest Indiana was named the Number 1 place to retire.last_img read more

World Cup winner Kylian Mbappe is FIFA 21 Cover Star

first_img Promoted Content10 Risky Jobs Some Women DoBirds Enjoy Living In A Gallery Space Created For ThemInsane 3D Spraying Skills Turn In Incredible Street ArtCouples Who Celebrated Their Union In A Unique, Unforgettable Way5 Of The World’s Most Unique Theme Parks2020 Tattoo Trends: Here’s What You’ll See This Year13 kids at weddings who just don’t give a hootThe 10 Best Female Drivers In Racing History7 Ways To Understand Your Girlfriend Better9 Facts You Should Know Before Getting A TattooLook At Something Beautiful That Wasn’t Made By A Human Being6 Extreme Facts About Hurricanes Last year saw Liverpool’s Virgil van Dijk take his place on the Champions Edition while Real Madrid legend Zinedine Zidane adorned the Ultimate Edition EA Sports VP and Group GM Cam Weber explained that Mbappe embodies the future of the FIFA franchise as well as the future of football. “As our FIFA franchise accelerates towards the next generation of player experience, we know our cover athlete needs to truly embody both the future of our game and the future of football as a whole. Read AlsoMbappe, Havertz, Camavinga all waiting on Real Madrid before contract talks Kylian represents what we’re bringing to the experience this year, from his commitment to advancing football culture, to his deep social connections and relentless desire to take his game to the next level. We’re excited to partner with Kylian in driving the World’s Game forward.”FIFA 21 will launch worldwide on PlayStation 4, Xbox One and PC on October 9. Loading… FacebookTwitterWhatsAppEmail分享 World Cup winner and PSG  forward  Kylian Mbappe will grace the front cover of FIFA 21, which is set for  release on October 9. Eden Hazard was the cover star for FIFA 20 last year and EA Sports have opted for a new face to pick up the mantle. Mbappe is regarded as one of the world’s best players at the age of 21 and is already a World Cup winner with France. The Paris Saint-Germain forward is also a four-time Ligue 1 winner and former recipient of the Golden Boy award. Reflecting on being chosen as the new cover star, Mbappe said: “Being on the cover of FIFA is a dream come true. From my time at Bondy to Clairefontaine to the World Cup, this marks another big milestone. I’ve been playing this game since I was a kid and I am honored to represent a whole new generation of footballers and be in the same group as many other amazing footballers who I now share this honor with.” Three different editions of the game are available for pre-order and Mbappe will be on the cover of them all.last_img read more

McLeish faces toughest test yet

first_imgALEX MCLEISH admits he is facing his “biggest test in football” to bring success to Aston Villa but insists he has no intention of quitting despite continued opposition from fans. He continued: “Rangers was a very tough challenge as well because they expect to win every single week, every single game. It was a different kind of challenge there, if you like. “There was a spell at Rangers when we weren’t winning and again it was difficult with the finances at times. “We offloaded a lot of quality players one summer and we didn’t really do the right thing replacing all of them but then, the next season, we did and it was all rosy in the garden again. “I knew when I came to Villa that there were going to be some demanding times ahead and that changing the squad around would take time. But I took the challenge up and I’m certainly not going to quit it now. “I want a bit of respite and I know how hard I work here. I’ve not got a magic wand and I don’t think there are a lot of managers who could do a lot better than the job I am doing just now.” In terms of coping with the pressure and the negative reaction of fans, McLeish said: “I know you wouldn’t like it! Until you have walked in another man’s shoes you don’t know what it feels like. “By the same token I don’t know what pressure you (the media) are under so I have to respect what you guys are doing. I am used to this business and while no manager will say it (having the fans against you) is not a problem, of course it is. But my goal is to make the Villa fans happy.” Press Associationcenter_img McLeish has experienced the high pressure of managing Rangers and Scotland in addition to Birmingham, but regards changing the current situation at Villa as his stiffest challenge. McLeish, who replaced Gerrard Houllier last summer, said: “Is this my biggest test in football? Yes, it probably would be.” last_img read more

Jurgen Klopp rejected approach to become Manchester United manager

first_img The German was approached by Ferguson as he moved towards the end of his 27-year reign at Old Trafford but Klopp felt the timing was wrong to walk away from Borussia Dortmund. With Klopp unwilling to consider a move to England at the time, David Moyes was appointed as United manager. Liverpool manager Jurgen Klopp has revealed that he rejected an approach to become Manchester United manager following the retirement of Sir Alex Ferguson. Klopp left Dortmund at the end of last season and following a brief break from football, replaced Brendan Rodgers at Anfield in October. “We (Ferguson) spoke,” Klopp told the national press. “We spoke not a lot but, for me, it was a lot. It was a big honour, the whole talk, to be honest. But I could not leave Dortmund. “You are in April and you are in the middle of the planning for next season. You have this player and this player who are coming but then you are not there anymore? That doesn’t work. Not in my life. “I didn’t hear about a real offer (from United) but, if there was, I could not have done it. I first had to finish the job with Dortmund and then think about other things. “Maybe that is not smart but that is my way. It was the same at Mainz.” Klopp is a big fan of Ferguson and believes it is one of the “best” things you can do as a manager to sit down and listen to the Scot. “It’s a big honour to talk to Sir Alex,’ he said. ‘For a manager it’s nearly the best thing you can do, to sit there and listen. “Maybe he is the greatest ever – the John Lennon of football. From my side there is a big amount of respect. What he did is not easy for another manager to do.” center_img Press Associationlast_img read more

Misbah becomes first Pakistani to receive Test mace from ICC

first_imgPAKISTAN Test captain Misbah-ul-Haq received the Test mace, given to the world’s best side in the format, from the International Cricket Council (ICC) yesterday in Lahore.Speaking at the ceremony at Gaddafi stadium, the 42-year-old said, “This is an exciting occasion for us, for me and for the team as well, to receive such an honour for our country.”He added: “We are really happy about it that finally we are number one.”This is the first time a Pakistani captain has received this award.Pakistan rose to number one in the longest format of the game after drawing 2-2 against England in England. They currently have 111 points, just one more than arch-rivals India who are second in the rankings. The third position is shared by Australia and England who have 108 points each.Talking about the achievement, Misbah said that what makes this reward all the more satisfying is that Pakistan have gained a top rank while playing all their matches on foreign soils.“We have played all our matches on grounds which are foreign to us,” he said.“Even Dubai and Abu Dhabi are foreign grounds.“Nevertheless, we are the number one Test side in modern cricket where teams usually rely on home advantage to increase the rankings,” he added.Pakistan last played a Test in the country in 2009 before the Sri Lankan cricket team attack which claimed the lives of seven police officials and injured seven players. Since then, almost all home games have been played at neutral venues in the United Arab Emirates.“There can’t be a better location to receive the mace than the ground where we last played a home Test seven years ago,” said Misbah in the post-eremony press conference.“It is ironic for both the players as well as the fans that the journey to the number one position has been outside Pakistan.“The players have missed on the crowd support, while the spectators have been unable to watch live some magnificent team and individual performances. But I am confident that things will change and international cricket will soon return to Pakistan.”The Test captain added that he was delighted to hold the mace in the twilight of his career.ICC Chief David Richardson, who presented Misbah with the mace, congratulated the national side as well.“The ICC Test Championship mace is a symbol of excellence and a recognition of a side’s outstanding performance in the purest format of the game,” he said.Pakistan are deserving recipients of the mace and it is all the more impressive that they have reached the number one Test ranking despite not being able to play a series in front of their home crowd since 2009.“On behalf of the ICC, I want to congratulate the Pakistan cricket team and Misbah in particular for the way he has led his side. I hope that the team will continue to go from strength to strength.”The mace was valued at £30 000 in 2001 and automatically passes from one team to another as results confirm a change of leadership in the ICC Test Team Rankings table. (Express Tribune)last_img read more

Indian Premier League IPL 2019: Mankading controversy overshadows Kolkata Knight Riders vs Kings XI Punjab clash

first_img For all the Latest Sports News News, Indian Premier League News, Download News Nation Android and iOS Mobile Apps. New Delhi: Kings XI Punjab finally broke their jinx against Rajasthan Royals by winning for the first time at the Sawai Mansingh stadium. However, the match was marred by the Mankading controversy in which Ravichandran Ashwin controversially ran-out Jos Buttler for 69. The reactions and the divisions that has resulted from this controversy will distract the Kings XI Punjab players. However, Ashwin has been clear about what he wanted to do and his strong leadership will be the key if Kings XI Punjab are to make progress into the knock-out stages of the tournament. However, they will be up against the Kolkata Knight Riders, who have a balanced team both with the bat and with the ball. The battle between Kings XI Punjab and Kolkata Knight Riders will also feature a battle between two ferocious West Indies players. Chris Gayle displayed his legendary Twenty20 status by winning the Man of the Match award in his knock of 79 in Jaipur. What was important in Gayle’s knock was how he capitalised in the middle overs and this makes him even more dangerous. For Kolkata Knight Riders, they have the power of Andre Russell, who stole the game away from Sunrisers Hyderabad in his vintage fashion.  Kings XI Punjab won for the first time in Jaipur.Kolkata Knight Riders defeated Sunrisers Hyderabad in the first game.Kolkata Knight Riders play four away games after the clash with Kings XI Punjab. highlightscenter_img Team combinations On an Eden Gardens deck which will assist the pacers in the night, the team might want to boost their pace resource. Lockie Ferguson was good against Sunrisers and he might be the key. For Kings XI Punjab, they might be tempted to get in Andrew Tye in place of Mujeeb Ur Rahman. Kolkata Knight Riders: Dinesh Karthik (c), Robin Uthappa, Chris Lynn, Shubman Gill, Andre Russell, Carlos Brathwaite, Sunil Narine, Piyush Chawla, Kuldeep Yadav, Nikhil Naik, Joe Denly, Shrikant Mundhe, Nitish Rana, Sandeep Warrier, Prasidh Krishna, Lockie Ferguson, Harry Gurney, KC Cariappa and Yarra Prithviraj. Kings XI Punjab: R Ashwin (C), Sam Curran, Varun Chakaravarthy, Mohammed Shami, Nicholas Pooran, Moises Henriques, Hardus Viljoen, Darshan Nalkande, Sarfaraz Khan, Arshdeep Singh, Agnivesh Ayachi, Harpreet Brar, Murugan Ashwin, Chris Gayle, Andrew Tye, K L Rahul, Ankit Rajpoot, Mandeep Singh, Simran Singh, Mayank Agrawal, Karun Nair, Mujeeb Ur Rahman and David Miller. Who will win? On paper, both teams are strong but the nature of the wins for both Kolkata Knight Riders and Kings XI Punjab, the advantage is with Kolkata Knight Riders. Since the two-time IPL champions will be playing at home, they will be the favorites. However, Kings XI Punjab managed to break one jinx in Jaipur and this will boost them to win this encounter in Eden Gardens. Weather and pitch The evening will be around 23 degrees celsius and dew might not be a factor. The match is not expected to be interrupted by the easterlies. Stadium and timings The match will be played at the Eden Gardens and the game will start at 8:00 PM IST.last_img read more