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Showing posts with the label business

Of Fatal Accident, Drowned Wife

Sample 1: “The demolition which entered its second week was put on halt after the death of pastor Heinkpoyanwa last Saturday. To this end, the entire Makoko community have not seized to mourn this unfortunate incident … On the day of this ugly incident, his first wife who was briefed of what happened immediately drowned with her child. She is presently recuperating at an undisclosed hospital… when Justina Hunkpoyanwa, 25 heard the news of the death of her father, she collapsed but later regain consciousness… the late Baale had many children, he was only the breadwinner of the entire Hunkpoyanwa family… The second wife… also expressed deep sorrow to the unfortunate incident.”(Family of Slain Makoko Chief lament Ordeal, The Vanguard, July 8,2012 ). The first expression that catches our attention is “the demolition…was put on halt,” particularly the aspect put on halt. All the three words here (put on halt) are familiar words of English, but the collocation rings slightly unfamiliar....

Innovation and fresh strategy keys to lifting battered retail sector in Hong Kong

Those who manage to stay ahead when the market and consumer behaviour are changing fast stand a better chance of thriving Continuous 2 to 3 per cent growth in the economy makes Hong Kong the envy of many in the world. It looks even more remarkable considering the city was among the hardest hit by the coronavirus pandemic just a few years ago. Yet there is no shortage of indicators reflecting the challenges facing some local industries. The disturbing decline in retail sales is one of them. Official data showed the city's retail sales dipped for the 12th straight month in February, falling by 13 per cent year on year to a total value of HK$29.4 billion for the month. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. The sharper-than-expected decline was attributed to th...

Tinubu hails Adegunwa's N2bn trauma centre, seeks healthcare collaboration

President Bola Tinubu on Saturday described the foremost industrialist and philanthropist, Alhaji Sulaiman Adegunwa, as an exemplary Nigerian who is investing his hard-earned resources to impact humanity and enhance better living for all. Tinubu, represented by his Vice, Kashim Shettima, has equally emphasised the need for the private and public sectors to collaborate with the government to enhance qualitative healthcare delivery for all Nigerians further The President disclosed this on Saturday while inaugurating the over N2bn Sulaiman Adebola Adegunwa Foundation Trauma Centre built by the billionaire industrialist for the Olabisi Onabanjo University Teaching Hospital, Sagamu to mark his 80th birthday. The event had in attendance the former governor of the state and Senator representing Ogun East, Otunba Gbenga Daniel, Senator Afolabi Salisu representing Ogun Central, the Minister of State for Health, Dr Iziak Salako, the Akarigbo and Paramount ruler of Remo lan...

Kenya Veterinary Association calls for ban on donkey skin trade

The Kenya Veterinary Association (KVA) is calling for immediate prohibit of all forms of commercial slaughter and export of donkey skins. Association says their call is aligned with the African Union 15-year moratorium issued in 2024 and constitutional provisions that protect animal welfare, public health and cultural heritage. Speaking to the press in Nairobi on Friday, Samson Muchelule, CEO, the Kenya Veterinary Association (KVA) said between 2016 and 2019, Kenya lost more than 40 per cent of its donkey population, driven by the demand for ejiao (donkey hide gelatin) in China. Despite a national ban, Muchelule revealed that trade continues illegally, fueled by theft and cross-border smuggling. “We appreciate the government of Kenya’s initiative by the Ministry of Interior and Coordination of Government and the Ministry of Agriculture and Livestock to stop the donkey skin trade and illegal meat,” he ...

Himachal Cabinet approves key decisions on employee regularization, hydro projects, healthcare and EV infrastructure

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Shimla (Himachal Pradesh) [India], April 5 (ANI): The Himachal Pradesh State Cabinet, chaired by Chief Minister Thakur Sukhvinder Singh Sukhu, approved a series of major initiatives aimed at improving public services, infrastructure, and the state's revenue generation on Saturday. According to a release, the cabinet decided to regularize the services of contractual employees who had completed two years of continuous service as of March 31, 2025. It also approved the regularization of daily waged workers and contingent paid workers who had completed four years of continuous service as of the same date. The cabinet approved the takeover of the 382 MW Sunni, 210 MW Luhri Stage-I, and 66 MW Dhaulasidh hydroelectric projects, which were earlier allotted to SJVNL, as well as the 500 MW Dugar and 180 MW Baira Suil hydroelectric projects allotted to NHPC. To facilitate the takeover of the Sunni Luhri Stage-I, Dhaulasidh, and Dugar projects, an independent evalua...

KCB Bank Uganda Leads the Charge in Health and Fitness As Kyambogo Ultra Challenge Run's Main Sponsor

KCB Bank Uganda, a leading regional financial institution, is proud to announce its participation as the main sponsor of the Kyambogo Ultra Challenge Run, continuing its commitment to improving the health of Ugandans through sports. This year's event, scheduled for 3rd May 2025, will take place at the Kyambogo University Sports Grounds, starting at 6:00 AM. For years, KCB Bank has been a strong supporter of various sports initiatives in Uganda, including rugby, Volleyball, golf, and motorsports. The Kyambogo Ultra Challenge Run underscores its dedication to fostering a culture of health and wellness among Ugandans. The event offers participants a choice of three challenging distances: 50km, 25km, and 10km, catering to both seasoned athletes and casual runners. Speaking at the announcement, Sheila Awori, Ag. Head of Marketing and Communications emphasized the significance of the event when she said, "Our passion for supporting sports in the country is one o...

Remi Tinubu unveils health centre, school in Bayelsa

Wife of the President, Senator Oluremi Tinubu, has assured that President Bola Tinubu is committed to providing accessible and affordable healthcare to rural communities in the Niger Delta and other parts of the country that have long suffered neglect. She gave the assurance on Thursday during the launch of access to health insurance services for vulnerable and impoverished communities, as well as the inauguration of a Cottage Hospital and a Community School built by the Niger Delta Development Commission in collaboration with the Renewed Hope Initiative at Otuasega, Ogbia Local Government Area, Bayelsa State. The First Lady emphasised that the Federal Government is focused on significantly improving lives by ensuring that communities have access to prompt medical care, thereby reducing the country’s mortality rate. Additionally, Senator Tinubu flagged off the NDDC 2025 free medical outreach and the donation of medical equipment to health facilities across the region. She...

Taiwan life insurers face rising health insurance losses, report warns

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Although, interest surplus remains the primary driver of profitability. Taiwan ’s life insurance industry is expected to remain volatile in 2025 due to shifting components of operating surpluses, according to a report by Taiwan Ratings Corp. (TRC), a subsidiary of S&P Global Ratings . Interest surplus remains the primary driver of profitability, followed by mortality and loading surpluses. However, rising losses on health insurance products are reducing the mortality surplus buffer, increasing earnings volatility. The report highlights that medical insurance loss experience is deteriorating faster than other health insurance products. Insurers could mitigate these challenges by introducing new policies with built-in risk management tools, such as claim payment limits, non-guaranteed renewals, and adjustable premium rates. These measur...

Carl Radke Dives Into Six Figures for Soft Bar Investment: "Proceed with No Guarantees"

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As Carl Radke gets nearing the launch of Soft Bar He's sharing fresh insights into the enterprise — including precisely how much capital he put in. In Season Nine, Episode Eight of Summer House , Carl officially he launched his Soft Bar label With a garden party held in New Jersey. This event was significant as it marked Carl’s fourth birthday. years sober , had dedicated a significant sum of time and resources to the project. He admitted, 'This required significant effort from me,' adding, 'I invested more than $100,000 of my personal funds.' The unveiling took place at the launch event where the product made its first appearance. Soft Bar A sprinter van that offers non-alcoholic drinks enhanced with features such as mushrooms was present. Among the mocktails featured at the event was one titled the "High Road,” noted for being an “elevating” beverage. According to Carl, Soft Bar operates as a "mindful consumption bar and café,...

Plano Restaurant Shut Down After Health Inspections Reveal Roach Infestation

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A restaurant in Plano had to be briefly shut down, and rodents as well as cockroaches were discovered at two more locations, as stated in a report from the city’s most recent series of health inspections. The document put together by the Star-Telegram includes municipal information spanning from March 16 to March 29, along with 146 inspections. In Plano's restaurant inspection system, restaurants are rated using a 100-point scale where a full score of 100 indicates perfection, whereas a grade of 70 signifies an exceptionally low standard. Every eatery gets anywhere from one to four inspections annually. Lapana Asian Cuisine at 2380 East Park Blvd. had its operations halted and permit revoked because the restaurant management did not install a required hand sink in the dishwashing zone, as stated in the document. The problem was initially mentioned three months prior, and the proprietors of eateries consented to an installation date of March 8th for the sink, as st...

'Taphouse in Wayne Shuts Down Suddenly'

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The Taphouse, a well-known pub and grill located in Wayne, unexpectedly shut down after operating for over ten years. The restaurant's social media accounts have been shut down, and their site displays a notice stating: The Taproom Has Closed Its Doors Forever. We genuinely appreciate your ongoing support throughout the years. It has been an honor to serve you some of the finest brews and cuisine around! It wasn't instantly apparent how long it had been shut down. The tavern launched on French Hill Road in 2011 providing lunches, dinners, catering services, private gatherings, and additional offerings. Related stories: Robber Caught Shortly at Train Station with Illegally Obtained Money: East Rutherford Police Remains Found in Hoboken’s Hudson River Identified as Murder Victim by Prosecutors Teens Sprayed With Pepper Spray: Newark Police Department Responds

NYC Outdoor Dining Gets Boozy Green Light Just in Time for Summer

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Here we go—all in now. The city announced on Wednesday that New York restaurants granted "conditional approvals" for outdoor dining will now have access to obtain liquor licenses, alleviating concerns about a dry summer for alfresco dining at most establishments across the Big Apple. The State Liquor Authority mandated that restaurants must obtain an outdoor dining permit prior to applying for a liquor license. However, due to a significant backlog of alfresco dining applications caused by a new municipal policy, this process led to considerable confusion throughout the year. STAY CURRENT WITH THE MOST RECENT INFORMATION BY SIGNING UP FOR THE MORNING REPORT NEWSLETTER Out of 3,000 eateries aiming to provide outdoor dining services this year, only seven were awarded permits for serving alcohol outdoors, most having provisional approval for sidewalk seating as the city addressed its pending applications. "We are delighted that the State Liquor Author...

Pennsylvania Duck Donuts Launches 'Quack Gives Back' to Team Up with Make-A-Wish

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(WTAJ) — Duck Donuts, famous for its freshly prepared desserts, has announced the start of its yearly "Quack Gives Back" collaboration with Make-A-Wish. Until July 31, visitors at Duck Donuts can contribute to improving the lives of children within their local communities by buying the exclusive Wish Rubber Duck. This duck, which comes in blue and white, costs $3 and is available while stocks last. A dollar from every sale will go towards supporting Make-A-Wish. Customers have the option to make additional donations when placing their orders as well. Duck Donuts is thrilled to kick off our yearly initiative in partnership with our national charity, Make-A-Wish," stated Devon Mailey, who currently serves as the Interim CEO of Duck Donuts. "Our franchise owners' commitment along with the kindness shown by the neighborhoods we operate in allowed us to aid in fulfilling transformative dreams for kids battling serious ailments last year. We're eager t...

This Peoria Restaurant Has Temporarily Closed: What We Know So Far

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In Peoria, Perkins American Food Co. It is currently not open, as indicated by notices placed on the entrance doors of the facility. WE SADLY ANNOUNCE THAT THIS PERKINS IS CURRENTLY UNAVAILABLE," the signs read. "THANK YOU FOR YOUR SUPPORT. The phone line for the restaurant indicated that the location at 1810 W. War Memorial Drive, Peoria, is currently closed temporarily. An automatic recording noted that the establishment plans to reopen as soon as possible. An email acquired by the Journal Star informed staff that the store front shut down on April 1st. The message did not provide any details regarding when it might reopen or explain why it had been closed. Workers were advised to contact the general manager should they have any queries about this situation. The Journal Star sent an email to Perkins seeking information regarding the closure but hasn’t gotten a reply as of yet. 'An enormous storehouse for us:' A well-known ea...

Canada Announces: No New Tariffs on Groceries Brought in by Visitors

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The Canada Border Services Agency has brought positive news for Canadian resort owners and their American visitors by stating that groups crossing the border will not have to pay a 25 percent tariff on the food supplies they bring along to consume. When Canada imposed its retaliatory tariff last month, officials from Ontario and Manitoba who handle tourism matters, along with fishing equipment providers and lakeside retreats, thought that visitors might have to present receipts for their food items and other goods consumed during their stay. On Wednesday, though, a spokesperson from the government stated that border officials will not enforce the new tariff on incoming personal-use items if these goods seem appropriate considering the traveler’s length of stay, reason for visiting, and overall trip plans within Canada. It was highlighted by the spokesperson that these products should solely serve personal needs during their visit. It falls upon the border service officers a...

Boda boda riders to get health insurance for KSh 50 per week and NTSA licenses for KSh 100 daily

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The Kenyan boda boda industry is set for enhanced safety and insurance coverage following initiatives by the government and stakeholders such as Expendo Mobility. Stakeholders in the transport industry, in collaboration with the NTSA, launched an initiative allowing boda boda riders to acquire driving licenses by paying KSh 100 daily. The Automobile Association of Kenya and NTSA, through an initiative dubbed 'Licence na Mia' have significantly subsidised the cost of training motorbike riders on riding, road safety, defensive driving and response to emergencies as a measure of reducing road carnage. Boda boda hospital insurance In a parallel move, other stakeholders, Expendo, have launched a programme allowing boda boda riders to get health coverage for accidents by paying KSh 50 daily. Speaking to .co.ke, Expendo Mobility director Paul Mwandoe explained that the company saw an urgent need to build inclusive, affordable, and tech-driven micro-insurance solution...

BlackRock's Larry Fink: Timing Is Key in the World of Alternative Assets

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Larry Fink, who serves as both the chairman and CEO of the large asset management firm BlackRock, recently provided some relevant investment portfolio guidance. annual letter To investors, in that correspondence, Fink suggested an alternative approach to the conventional 60/40 equity-debt portfolio, particularly 50% equities, 30% fixed income securities, and 20% alternative investments . Private assets? These are sometimes called alternative assets too. They differ from publicly traded ones like stocks and bonds. This group encompasses private equity, hedge funds, private credit, and real estate—essentially anything not listed on a public exchange. Historically, these types of investments were accessible exclusively to institutional and wealthy individual investors. Fink’s recommendations aligned with a recent study published by the National Bureau of Economic Research (NBER) about the returns from private equity investments. The NBER research revealed an opposite...

Canada Promises Retaliatory Tariffs if Trump Intensifies Trade War

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Canada pledged to hit back with counter-tariffs should President Donald Trump impose further duties on Canadian products as part of his anticipated rollout of extensive measures. new tariffs on Wednesday. Should further actions be taken, we will respond accordingly," said Canadian Prime Minister Mark Carney to journalists on Tuesday. "If more measures are imposed on Canada tomorrow, we will implement countermeasures. Moments later, when addressing journalists, White House press secretary Karoline Leavitt reaffirmed Trump's intention to declare extensive new tariffs on April 2nd, a date he refers to as "liberation day." Our nation has maintained one of the most open economic environments globally, and we boast an exceptional customer base," stated Leavitt. "However, numerous foreign nations keep their markets inaccessible to our products. Sources informed ABC News that the Trump administration is considering various policy choices befor...

Forbes Recession Watch: Tariffs Loom as Odds of Economic Downturn Surge Before Trump's 'Liberation Day'

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Topline Multiple economists have cautioned that the Trump administration might inadvertently drive the U.S. into an avoidable recession, given President Donald Trump and his chief economic advisors' approaches. refuse to rule out A downturn, shaking both Wall Street and consumers—and the statistics provided below can assist in assessing just how near the economy might be to reaching a critical juncture. Key Facts Goldman Sachs economists hiked They revised the likelihood of a recession occurring within the coming year from 20% to 35%, issuing a gloomy update to clients on Sunday. This came with increased projections for both inflation and joblessness, alongside reduced expectations for economic expansion. Economists at JPMorgan hold an even bleaker outlook, estimating a 40% chance of a downturn. The UCLA Anderson Graduate School of Management published earlier this month, an official "Economic Downturn Alert" was initiated ...

TikTok's Clock Is Ticking: What We Know About Finding a Buyer

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This week, TikTok users might feel a sense of deja vu as the app's fate hangs in the balance once more. A possible ban in the U.S. could be imminent within the next few days. ByteDance, TikTok’s parent company, must sell the app’s U.S. operations by April 5 following an extension from President Donald Trump in January; otherwise, it risks being banned in the country. The events leading up to this weekend could have major consequences for the platform. 170 million Americans Who utilize TikTok for discovering news, entertainment, community engagement, and, in certain instances, earning a livelihood. A lot of uncertainties still surround the possibility of a deal, yet devoted TikTok users can take heart. Multiple contenders have shown interest in acquiring the application, and Trump has indicated his willingness to assist in making a deal happen and maintaining accessibility to the service. "We have numerous potential buyers interested in acquiring TikTok; there'...