Chinese consortium to bid for AIA stake

first_imgMonday 16 August 2010 3:00 am Share whatsapp Chinese consortium to bid for AIA stake Show Comments ▼ John Dunne center_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoHero WarsBig Boss of internet games!Hero WarsUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndo Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot A consortium of leading Chinese companies including Industrial and Commercial Bank of China China Life Insurance, plans to bid for a 30 per cent stake in American International Group’s Asian life insurance business, AIA, the 21st Century Business Herald has reported.That would mean an investment of about $10bn (£6bn) based on AIA’s estimated $30bn value, which was what British insurer Prudential Plc last agreed to pay for AIA before its bid collapsed earlier this year.Bailed out insurer AIG is planning to list American International Assurance (AIA) on the Hong Kong stock exchange later this year, which could raise about $15bn.AIG was set to name Citigroup, Deutsche Bank AG, Goldman Sachs Group Inc and Morgan Stanley as joint global coordinators for the IPO, sources told Reuters.Other members of the consortium include Cinda Asset Management Fosun Group, Hony Capital (an investment arm of Legend Group, parent of Lenovo Group (0992.HK)), and Ltd , according to the newspaper. Tags: NULLlast_img read more

BA boss eyes fresh round of merger deals

first_img Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy Fan BRITISH AIRWAYS chief executive Willie Walsh has drawn up a hit list of a dozen companies he wants to buy after he has sealed his merger with Iberia and American Airlines in a bid to become the biggest airline group in the world.Walsh said: “The mergers with Iberia and American were never meant to be an end in themselves. I have sat down with Iberia and we initially looked at 40 like-minded airlines who believe that the future of the industry lies in consolidation. We have since narrowed this down to 12. Becoming the biggest airline group in the world is not a bad ambition to have.”Currently BA is dwarfed by Germany’s Lufthansa and Anglo-Dutch outfit Air France-KLM, and is threatened by fast-growing Middle Eastern rivals like Emirates and Etihad.The BA chief, who was speaking in Mumbai after having launched an improved 777-300ER long-haul service to the Indian capital, would not be drawn on who was on the list. But sources close to the airline say possible targets include Qantas, Cathay Pacific, Air Berlin and Gulf Air. Walsh, 48, said: “This is a long-term plan and some of this won’t be completed until after I retire. But the larger group will be set up with the intention of pursuing consolidation.”Walsh will start looking at cutting his next airline deal in 18 months to two years time and his first job is to pursue €400m (£333.9m) a year worth of cost savings in the larger group within the next five years.In the summer BA, American Airlines and Iberia received approval from the EC and the US Department of Transportation to merge their operations.The merger is expected to happen by the end of the year, when BA and Iberia – who are pursuing a full-blown merger – will form International Airlines Group (IAG) which will sit above both airlines.Walsh will move from his current post to become chief executive of IAG while Antonio Vasquez will move from chairman of Iberia to become chairman of IAG. BA finance director Keith Williams will become the new chief executive of BA. Tags: NULL KCS-content center_img Share More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest BA boss eyes fresh round of merger deals whatsapp Sunday 5 September 2010 10:26 pmlast_img read more

US to limit bank bonuses

first_img Show Comments ▼ US to limit bank bonuses whatsapp Tags: NULL whatsapp Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut US REGULATORS yesterday endorsed a proposal that executives at the largest financial institutions have half of their bonuses deferred for at least three years. The proposal, approved by the Federal Deposit Insurance Corp (FDIC), has yet to be approved by other US financial regulators, including the Federal Reserve and Securities and Exchange Commission.The FDIC warned that it may go further to ensure the bonuses properly align executives’ interests with investors, and is considering toughening the proposal to restrict executives from hedging deferred bonuses in the form of stock. “Whether we should be prohibiting hedging, that is an issue that is left open,” FDIC chairman Sheila Bair said.The US plan is much softer than European Union guidelines limiting top bankers to receiving 20 per cent of their annual bonuses upfront in cash. Monday 7 February 2011 9:29 pm KCS-content last_img read more

Barclays Bank of Zimbabwe Limited HY2016 Interim Report

first_imgFirst Capital Bank Limited ( listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2016 interim results for the half year.For more information about First Capital Bank Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the First Capital Bank Limited ( company page on AfricanFinancials.Document: First Capital Bank Limited (  2016 interim results for the half year.Company ProfileFirst Capital Bank Limited (formerly Barclays Bank of Zimbabwe) was founded in 1912 and is an iconic institution in the local banking sector; operating across the full spectrum of retail and business banking, and corporate and investment banking with 38 branches nationwide. In addition to mainstream financial products, First Capital Bank offers motor, home, travel, business and personal insurance services. After more than a century operating under its parent company, Barclays plc has sold its majority stake in Barclays Bank of Zimbabwe to FMB Capital Holdings, the Mauritius based holding company, that has banking operations in Botswana, Malawi, Mozambique and Zambia. FMB Capital Holdings is listed on the Malawi Stock Exchange. First Capital Bank Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Why I am bullish on this hospitality stock

first_imgWhy I am bullish on this hospitality stock Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. It has been a difficult time lately for all hospitality stocks, and this includes Whitbread (LSE:WTB), the owner of a number of restaurant brands and the Premier Inn chain of hotels.There have been recent job losses of around 1,500 in the company (although far less than the 6,000 initially mentioned) and the dividend was suspended last year.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Investing in any hospitality business at the moment comes with some risk. Any further lockdown and restrictions in movement would be terrible for an already massively disrupted industry.It is not just the Premier Inn hotel chain that has been affected by loss of business, as Whitbread also operates a number of restaurants with brands such as Beefeater and Brewers Fayre, all of which have suffered with periods of closure and loss of custom due to the pandemic.Despite these negative points, I do believe that the business appears to be in a better position than many of the other leisure and hospitality stocks.There are plans for future growth, with the decision to build more Premier Inn hotels in a number of locations across the United Kingdom. The company also have an increasing number of hotels opening in Germany.Once lockdown restrictions are eventually lifted and movement allowed, it is possible that there could be pent-up demand from those who wish to stay overnight in hotels and use restaurants.There is also the possibility of an increase in staycations for 2021 if some international restrictions on travel were to remain in place. This could be a boost for Whitbread as most of its businesses are located in the United Kingdom.It is also interesting that the company has recently announced that it is issuing green bonds, money from which will be used to support sustainable projects including the introduction of electric vehicle charge points. Therefore the management do seem to be forward thinking.Whitbread has also recently taken measures to try and shore up finances, including negotiating an extension of revolving credit facilities and confirmation that it will repay forthcoming maturing debts of approximately £284 million.Even if demand increases for this year, the reality is that it may take some time to return to pre-pandemic levels for hotel and restaurant bookings. Therefore I would need to look at this stock as a longer-term investment.The current share price, which at the time of writing is around 3,200p per share, is still below the price of over 4,000p per share back in February 2020, just before the pandemic took hold in the UK.I certainly feel more bullish with Whitbread than some of the other leisure and hospitality stocks such as Cineworld Group.I would therefore consider adding Whitbread to my own portfolio and hold for longer-term growth. Tim Charles has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Tim Charles | Tuesday, 9th February, 2021 | More on: WTB Image source: Getty Images FREE REPORT: Why this £5 stock could be set to surge Get the full details on this £5 stock now – while your report is free.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares See all posts by Tim Charleslast_img read more offers new fundraising search engine

first_img  18 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis is a new search engine that aims to raise funds for charities by sharing a proportion of its income generated through advertising.Visitors to Icaresearch, “the caring search engine”, can view a list of participating charities from their own country based on their computer’s IP (Internet protocol) address. Once they register and pick their charity, every time they click on a sponsored result a minimum of two cents is donated to their charity. Icaresearch say that the amount could be higher as “there is no maximum and it depends on the amount the advertisers pays”. Advertisement offers new fundraising search engine The site, set up by Dublin-based Carrazan Ltd, offers a range of tools for users including a search history, and the ability to make notes about sites and save them to named research folders. The site also offers a member get member or “team builder” tool. Registered users can use this to encourage other people to join and use the site. When someone does join as a result of this activity, regardless of the charity they opt to support (they could also be an advertiser), the originating user’s charity receives a percentage of any money their team member generates on the site.Advertisers also get to send one email message to each registered user who clicks on one of their adverts. does not however pass on users’ email addresses: the advertiser does not get to see the email addresses to which it is sending the message.Funds are remitted to the participating charities 30 days after the end of the month in which they were generated.Participating charities include Ronald McDonald House Charities, DATA (Debt Aid Trade Africa), CRY (Child Relief and You), Children with Leukaemia, and GiveIndia. Howard Lake | 6 June 2006 | Newscenter_img Tagged with: Digital AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more

Egyptian authorities must stop their attacks on media freedom

first_img EgyptMiddle East – North Africa Receive email alerts January 31, 2014 – Updated on January 20, 2016 Egyptian authorities must stop their attacks on media freedom News EgyptMiddle East – North Africa News Thomas Hughes, Executive Director, Article 19 Joel Simon, Executive Director, Committee to Protect Journalists Kirsty Hughes, Chief Executive, Index on Censorship Christophe Deloire, Secretaire Général, Reporters Without Borders Al Jazeera journalist Mahmoud Hussein back home after four years in prison News Organisation RSF_en News February 1, 2021 Find out more February 6, 2021 Find out more Leading international media freedom and human rights organisations call on the EU and US to demand Egypt’s authorities drop charges against Al-Jazeera journalists and release those under arrest.Article 19, the Committee to Protect Journalists, Index on Censorship and Reporters Without Borders today said the Egyptian authorities must stop their attacks on media freedom and freedom of expression. The deteriorating environment for journalists to operate safely and report freely is of grave concern. The deliberate chilling of media freedom and free speech through arrests and criminalisation of legitimate journalism has all the hallmarks of the authoritarian Egypt of the Mubarak era.The organisations call on the leaders of the European Union and the US to demand that Egypt’s authorities immediately release the Al-Jazeera journalists and end their clamp-down on media freedom, free speech and freedom of assembly without delay. The EU and US must support all those standing up for democracy, human rights and media freedom in Egypt.Egyptian prosecutors have said that 20 journalists face charges though only 8 are currently under arrest. Four of these are believed to be foreigners and the other 12 said to be Egyptians. Detained woman journalist pressured by interrogator, harassed by prison staff Follow the news on Egypt Help by sharing this information to go further Less press freedom than ever in Egypt, 10 years after revolution January 22, 2021 Find out morelast_img read more

HRock Church: The Power of Blessing

first_img Top of the News Community News Community News 9 recommended0 commentsShareShareTweetSharePin it Faith Essays & Inspirations HRock Church: The Power of Blessing By PASTOR CHE AHN, HROCK CHURCH Published on Monday, January 13, 2014 | 11:35 am Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Herbeauty7 Things A Man Will Do Only If He Really Loves YouHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeauty8 Celebrities Who’ve Lost Their FandomsHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeauty Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked *center_img More Cool Stuff EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS As a young black child living in inner-city Detroit, Ben Carson looked like an early failure just waiting to happen. His parents divorced when he was 8, and he reacted to the loss of his father by becoming angry and aggressive. He had a violent temper and frequently assaulted his peers at the slightest provocation. He lost interest in school and by the time he was in 4th grade, he was at the bottom of his class.As a single parent with little education and no real employment skills, Ben’s mother worked 2 and 3 jobs just to make ends meet. Often this meant she was away from home from 5 AM to 11 PM, and Ben would go days at a time without seeing her. Ben’s clothing was from the Goodwill and his classmates teased him, which was a constant source of embarrassment.Ben seemed to be on the fast track to becoming a school dropout and getting involved with substance abuse and/or gang membership. But Ben had a powerful advantage that many children in his position lack. Ben’s mother believed in her son and had positive expectations for him. She limited his television time, made his outdoor play contingent upon completing homework first, and required him to read two library books each week and write a written book report.Ben would have absolutely rebelled at this regimen, but his mother did one more all-important thing. She constantly encouraged him and praised his efforts, frequently reminding him that he could become anything he chose to work for. She was convinced he would go far. She displayed interest in the books he read, and scrutinized his written reports carefully.Spurred on by his mother’s approval, Ben began to love reading and the world of knowledge it opened to him. By the end of the 5th grade he was at the top of his class, amazing his teachers. He graduated with top honors from high school, attended Yale, then medical school, and became the Director of Pediatric Neurosurgery at Johns Hopkins at the young age of 33. In 1987 he gained international acclaim by being the first neurosurgeon to successfully separate 8-month-old twins joined at the head.Ben Carson’s story is more than just a heartwarming tale. It is a striking example of the power of blessing in the life and destiny of a person. Ben’s mother continually planted positive words about him in his mind and heart. The power of her blessing opened the doors of a great destiny for him.About now you may be thinking “I wish I had someone like that at my back. Someone who really believed in me and encouraged me.” I have good news for you. Father God totally believes in you and wants you to have a great destiny. Psalm 21 assures us, “You (Father God) have given him his heart’s desire, and have not withheld the request of his lips, for you meet him with rich blessings. You make him most blessed forever. You make him glad with the joy of your presence.”As you begin 2014, keep your mind and heart focused on Father God’s many blessings to you. Remember that He is totally for you and as the apostle Paul put it, “If God is for us, who can be against us?” (Romans 8:31)Please join us this Sunday at 9:00 a.m., 11:00 a.m. or 2:00 p.m. I’m beginning a new series entitled The Power of Blessing. This Sunday my message is entitled, “The 10 Decrees of Blessing, part I”. We will corporately begin to decree God’s promises over your life in this New Year.Pastor CheHRock Church, 131 S. St. John Avenue, Pasadena, (626) 794-1199 or visit Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Subscribe First Heatwave Expected Next Week faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Protest planned in Limerick after Irish Cement given green light to…

first_imgLimerick centre needed to tackle environmental issues Minister asked to review need for more incinerators in Limerick Print Facebook Twitter NewsEnvironmentProtest planned in Limerick after Irish Cement given green light to burn alternative fuelsBy David Raleigh – September 20, 2019 1043 WhatsApp Linkedin Email Opponents of Irish Cement’s incinerator plan taking part in a protest march in 2018 in Limerick.Photo: Cian ReinhardtA protest march is to take place in Limerick next month after controversial plans by Irish Cement Limited to burn alternative fuels, including used tyres, were given the green light by the EPA, subject to conditions and appeal process.There was a widespread shock this Thursday when residents, politicians, and groups opposed to the company’s licence application, received confirmation that the Environmental Protection Agency were allowing the €10m project proceed, subject to a 28-day appeal process.Sign up for the weekly Limerick Post newsletter Sign Up Claire Keating, a local resident, and spokeswoman with Limerick Against Pollution (LAP),  said she was “shocked” and “extremely disappointed” the decision.Ms Keating said “4,400 objections” were lodged against the plans.“We will be pursuing lots of avenues to stop this. We definitely will be launching an appeal, and we plan on requesting an oral hearing. We are also seeking legal advice, and we have been onto MEPS in Europe too.”“A protest march is planned to take place at City Hall (Limerick) on the 5th of October. We are not going to give up,” Ms Keating explained.The deadline for objections to be submitted against Irish Cement’s proposal is October 15th.Fianna Fáil Councillor James Collins, said it was a “hugely disappointing decision” which he claimed “will damage public health and Limerick’s reputation as a clean, green city”.Cllr Collins said the area where waste will be burned is “adjacent to a public park, four schools”.The EPA’s “Proposed Determination” on Irish Cement’s application “provides for the acceptance of non-hazardous waste materials to be used as alternative fuels and raw materials, up to a maximum of 90,000 tonnes per annum”.The EPA said there were “more than 100 individual conditions relating to the environmental management, operation, control and monitoring of the installation”.It added it was “satisfied that the emissions from the installation when operated in accordance with the conditions of the proposed licence will meet all required environmental protection standards and will not endanger human health or harm the environment in the vicinity of the installation or over a wider area”.Sinn Fein TD, Maurice Quinlivan said he was “appalled”, and added, “this is a toxic decision by the Environmental Protection Agency”.Welcoming the EPA’s decision, a spokesman for Irish Cement the company “will study the details of the proposed licence before making any further comment”.The EPA’s decision follows a decision in April 2018, by An Bord Pleanala to grant permission for the replacement of fossil fuels at Irish Cement’s production plants in Limerick and at Platin, Co Meath, which were both opposed by environmental groups.Limerick City and County Council had initially granted the company permission to go ahead with its plans.Last December Irish Cement pleaded guilty before Limerick District Court in a Prosecutions brought by the EPA, to breaching the terms of its industrial emissions licence at its Limerick plant and received a €4,000 fine.The court heard a thick “glue-like” dust leaked from its production plant, causing damage to nearby homes, cars and gardens.At the time, Irish Cement had three previous convictions for similar breaches of its industrial licence, including two in July, 2018 and one in 2007.center_img Previous articleNew music from Paddy MulcahyNext articleLeon’s Lifeline getting set for Fundraising Demo with Rachel Allen David Raleigh Limerick on Covid watch list Shannon Airport braced for a devastating blow Advertisement TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! Housing 37 Compulsory Purchase Orders issued as council takes action on derelict sites TAGSEnvironmentIrish CementLimerick City and CountyNews RELATED ARTICLESMORE FROM AUTHORlast_img read more

Kerala High Court Grants Pre-Arrest Bail To 3 Women Accused Of Assaulting YouTuber Over Vulgar Comments

first_imgNews UpdatesKerala High Court Grants Pre-Arrest Bail To 3 Women Accused Of Assaulting YouTuber Over Vulgar Comments LIVELAW NEWS NETWORK9 Nov 2020 9:48 PMShare This – xThe High Court of Kerala on Tuesday granted anticipatory bail to famous dubbing artist Bhagyalakshmi and feminist activists Diya Sana and Sreelakshmi Arackal who are accused of assaulting and abusing a YouTuber over a derogatory video.Pronouncing the order on the bail application jointly filed by the three women, a single bench of Justice Ashok Menon stated that in the event of their arrest…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe High Court of Kerala on Tuesday granted anticipatory bail to famous dubbing artist Bhagyalakshmi and feminist activists Diya Sana and Sreelakshmi Arackal who are accused of assaulting and abusing a YouTuber over a derogatory video.Pronouncing the order on the bail application jointly filed by the three women, a single bench of Justice Ashok Menon stated that in the event of their arrest they should be released on bail on furnishing sureties and complying with the conditions as specified in the order. The reasons for allowing bail and the conditions imposed will be known when the complete copy of the order is available.While reserving orders on the bail applications on October 23, the judge had orally remarked that vigilantism cannot be encouraged.”Not proper to take law into your hands even if the other person has said the nastiest of things”, Justice Menon had told the lawyer of the applicants.The lawyer for the accused, Advocate K P Jayachandran, had submitted that the non-bailable provisions mentioned in the FIR – Section 452 (house-trespass with preparation for assault) and 392(robbery) of the Indian Penal Code – are not attracted to the case.He had submitted that the accused women went to the lodge room of YouTuber Vijay P. Nair at his invitation for a negotiation talk regarding the objectionable video. So, there was no occasion to invoke the offence of trespass with preparation for assault. As regards the allegation of theft of laptop and mobile phone belonging to Vijay Nair, the lawyer had submitted that the women took them from his possession to hand them over to the police. Therefore, there was no dishonest intention to attract Section 392.The lawyer also had mentioned that following the incident, the Kerala government decided to bring in an ordinance to deal with cyberattacks against women.Mr. Suman Chakravarthy, the public prosecutor, had submitted that the accused women had posted incriminating videos of their assault on the complainant. Granting them bail will send a wrong message to the society, submitted the prosecutor. He demanded that the accused should surrender and cooperate with the criminal investigation.”Probably they did not have faith in the police and decided to do it themselves. That also needs to be taken into consideration”, Justice Menon had told the Public Prosecutor.Justice Menon also told the applicant’s lawyer in a lighter vein:”If you are bold enough to go and beat up a man, why are you afraid of facing the consequences? Why are you shy about appearing before the police or going to jail?”The bench had observed that there was no “dishonest intention” behind the taking away of the laptop and the mobile phone of the complainant as the accused handed them over to the police the same day.The bench had also noted that the custodial interrogation of the accused may not be necessary and no recovery is also sought to be made from them. There was also doubt regarding the application of Section 452 IPC to the case, the judge added.”But vigilantism cannot be encouraged”, Justice Menon had said while reserving orders for October 30.Earlier, the Additional Sessions Court, Thiruvananthapuram, had dismissed their anticipatory bail application, after observing that granting bail “would give a wrong message to the society that anybody can resort to such vandalism so as to oppress their opponents””A civilized society is expected to obey the rule of law of the country so as to maintain peace, law and order and any attack to the said fabric is actionable and cannot be viewed lightly. No one can take law into their hands on the strength of man power or muscle power”, observed the court below.The case relates to the attack made by the three accused against one Vijay P Nair, a YouTuber with a considerable number of followers, who is known for making derogatory and obscene videos about women.The attack happened on September 26, when the accused barged into the office of Vijay Nair and slapped him, abused him, and poured black oil on his face for making vulgar comments against one of them in particular and ‘feminists’ in general. They also live-streamed the visuals of the attack via Facebook Live. The women said that they were constrained to resort to the drastic step as the complaint filed before police against Vijay Nair’s video failed to elicit any response.The videos of the attack became viral sparking off intense debates in social media over the correctness of their response.After the attack, the women were booked by Thampanoor police on a complaint by Vijay Nair under IPC Sections 452 (House-trespass after preparation for hurt, assault or wrongful restraint), 294 B (sings, recites or utters any obscene song, ballad or words, in or near any public place), 323 (punishment for voluntarily causing hurt), 506 (criminal intimidation), 392 (punishment for robbery), 34 (acts done by several persons in furtherance of common intention of the Indian Penal code).Vijay Nair was also arrested in another FIR for offences under the Information Technology Act, 2000, for posting obscene videos and is under custody at present.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more