HSBC shares hit 25-year low on report of China ‘unreliable list’

first_imgThe report pointed to HSBC’s participation in Washington’s investigation of Huawei and the arrest of its chief financial officer Meng Wanzhou in Canada.Among penalties that can be meted out include restrictions on trade, investment and visas.”If the company is listed as an unreliable company by China, which looks certain since it’s a Global Times article, the bank will be facing lots of difficulties to do business in China,” Banny Lam, at CEB International Investment Corp., told Bloomberg News.”They may have trouble expanding the mainland business, after investing so much there over the past few years.” On Sunday, HSBC was among a group of banks said to have allowed fraudsters to transfer millions of dollars around the world even after it had learned of the scam.The International Consortium of Investigative Journalists cited leaked official US documents that said the bank “kept profiting from powerful and dangerous players” in the past two decades.HSBC told the investigation team that it has always met its legal duties on reporting suspicious activities.Shares in another Hong Kong-listed bank, Standard Chartered, also tumbled almost four percent after it was mentioned in the report.HSBC has seen its share price more than halve so far this year, hit by the pandemic – net profit slumped 69 percent in the first six months – and China-US tensions.The lender acts as a major business conduit between China and the West but that has left it more vulnerable than most to the crossfire of the increasingly bellicose relationship between the superpowers.The bank has tried to stay in Beijing’s good graces, vocally backing Hong Kong’s national security law, sparking criticism in Washington and London. Analysts saw it as an attempt to protect its access to China, which has a track record of punishing businesses that do not toe Beijing’s line. But that has not shielded it from Beijing’s wrath. “Current tensions between China and the US inevitably create challenging situations for an organization with HSBC’s footprint,” HSBC Chief executive Noel Quinn said last month. “However, the need for a bank capable of bridging the economies of East and West is acute, and we are well placed to fulfill this role,” he added. Topics :center_img Shares in banking giant HSBC plunged to a 25-year low Monday on fears it could be added to a Chinese list of firms deemed a threat to national security and following news it had been accused of allowing fraudulent activity to go unpunished.The troubled lender tanked more than four percent to HK$29.60 at one point – a level not seen since mid-1995 – as investors fret over its ability to continue doing business in China and Hong Kong, which make up a crucial portion of its growth.The sell-off came after the Global Times, a state-run English tabloid in China, reported the bank could be one of the first firms to be named on Beijing’s “unreliable entity list” as part of a tit-for-tat stand-off with several western countries.last_img read more

My two husbands

first_imgSalon.com 5 August 2013My family is very ordinary to me. We eat dinner together. We gather in the living room and watch movies. Last weekend, we went on a camping trip and sat around the campfire making s’mores, the grown-ups enjoying a few beers while my 9-year-old daughter challenged us with endless rounds of “would you rather?” It all feels so wonderfully mundane that sometimes I have to remind myself that most people view us as strange at best, depraved at worst.I’m polyamorous, which means I believe you can love multiple partners at the same time. I’m in a relationship with my husband of nearly 17 years, and my boyfriend, with whom I celebrated my second anniversary in May. (In polyamorous lingo, our relationship is known as a “V”; I’m the “hinge” of the V and my two partners are the vertices.) People often say our lives sound complicated, but the truth is, we’re quite harmonious. We often joke that we’d make incredibly boring subjects for reality TV.That hasn’t kept the world at large from condemning us. The right has spent years warning that we are the travesty waiting down the slippery slope of same-sex marriage. With every stride forward for marriage equality, I can count on turning on the TV to find conservative talking heads lumping families like mine in with pedophilia and bestiality. But liberals, for the most part, don’t treat us much better. They’re quick to insist that same-sex marriage would never, ever lead to such awful things — failing to point out how multi-partner relationships between consenting adults do not exactly belong in the same category as “relationships” with children or goats.Even people who don’t vilify us still have a great deal of misconception. Aren’t you just “having your cake and eating it too,” they ask me? Isn’t this unfair to the men? Doesn’t this hurt your daughter? The confusion is understandable. Many people have never seen a polyamorous family like ours before. So let me explain how it works — or, at least, how it works for us.http://www.salon.com/2013/08/05/my_two_husbands/last_img read more

Roy Lee Mullins, 79, Brookville

first_imgRoy Lee Mullins, age 79, of Brookville, Indiana died suddenly Sunday, September 13, 2020 in the emergency department at McCullough Hyde Memorial Hospital in Oxford, Ohio.Born March 27, 1941 in Breathitt County, Kentucky he was the son of the late Hubert & Hazel Elizabeth (Moore) Mullins.  On February 12, 1961 he was united in marriage to the former Mary E. White, and she survives.He was employed for many years at the former Old Franklin Casket Company in Brookville.  In his leisure time he enjoyed gardening, the outdoors, and watching westerns on television.Besides Mary, his loving wife of over 59 years, survivors include three children, Leroy (Tonja) Mullins of Metamora, Indiana, Joyce (Leo) Grubb of Brookville, Indiana and Leona (Danny) Pence of Metamora, Indiana; seven grandchildren, two step-grandchildren; six great-grandchildren; seven siblings, Ray Mullins, Laverne Metcalf, Walter (Nancy) Mullins, John (Donna) Mullins, Ellar (James) Sandlin all of Brookville, Indiana; Naomi (Jimmy) Richardson and Jewell (Johnny) Richardson all of Laurel, Indiana, as well as many nieces & nephews.In addition to his parents, he was preceded in death by a grandson, Jeremiah Mullins; and a step-grandchild.Family & friends may visit from 4 until 7:00 P.M. on Wednesday, September 16, 2020 at Phillips & Meyers Funeral Home, 1025 Franklin Avenue, Brookville.Pastor Brandon Blevins of Greater Vision Ministries, will officiate the Funeral Services on Thursday, September 17, 2020, 10:00 A.M. at Phillips & Meyers Funeral Home.  Burial will then follow at Maple Grove Cemetery in Brookville.Memorial contributions may be directed to Greater Vision Ministries.  The staff of Phillips & Meyers Funeral Home are honored to serve the family of Roy Mullins, to sign the online guest book or send personal condolences please visit www.phillipsandmeyers.comlast_img read more

Rooney is going nowhere – Ferguson

first_img He went on: “He understood the reasons completely. Tactically we got it right. We don’t always but we did then. “There are no issues with the player and he will be involved on Sunday. “I left out Shinji Kagawa after he scored a hat-trick. I thought I would get more stick for that.” Ferguson refused to say whether Rooney would actually start on Sunday. And he again repeated his belief that the 27-year-old needed to play matches in order to retain full fitness, an assessment that has raised so much debate over the past few days. “Why should I help anyone by telling them my team? We don’t do that,” said Ferguson. “But Wayne does need a lot of football. He has always been that type. That has always been the case.” Ferguson left Rooney out of the United line-up for Tuesday’s Champions League defeat by Real Madrid, since when it has been suggested the Red Devils boss would be willing to accept an offer for the striker this summer. However, speaking ahead of Sunday’s FA Cup quarter-final with Chelsea, Ferguson said: “He will be here next year, you have my word on that. There is no issue between myself and Wayne Rooney. To suggest we don’t talk is nonsense.” Press Associationcenter_img Sir Alex Ferguson insists Wayne Rooney will still be at Manchester United next season.last_img read more

Bhawani Devi, Guru Prakash win Golds

first_imgOur Sports ReporterGUWAHATI: Bhawani Devi and Guru Prakash won gold medals in the women and Men’s section of the Senior National Fencing Championship in Guwahati. Bhawani, who participated in the Women Sabre event, finished first while Jose Josna Cristy of Kerala bagged a silver medal.Two bronze medals were collected by Komalpreet Shukla of Punjab and Diana Devi (Manipur). In the men’s Epee individual category Guru Prakash and Sunil Kumar, both from SSCB, collected a gold medal. The bronze medals were won by C Jetlee (Rajasthan) and N Santosh Singh (SSCB).Also Read: Sports Newslast_img read more

FA Cup: Man City Hope to Enhance Quadruple Chances at Swansea

first_imgManchester City head to Swansea today hoping to secure victory to further enhance their Quadruple chances.Pep Guardiola’s side will be heavy favourites for the game against the Championship team and the quarter-final draw has given more ammunition to those with short or selective memories to talk up what an easy time of it City have been given by randomly drawn balls.Swansea’s name has not featured as a potential obstacle in the quest for the Quadruple, unlike heavyweights such as Liverpool, United, Barcelona and Juventus Yet nobody expected League One side Wigan to be the first team to knock the Blues out of a competition last year, and that game came similarly out of the blue. The Premier League champions-elect arrived at the DW Stadium with nine wins and a draw from 11 league games in 2018, then included Sergio Aguero, Leroy Sane, David and Bernardo Silva, Ilkay Gundogan, John Stones and Aymeric Laporte in the starting XI.A few lapses in concentration and 90 minutes later any talk of four trophies was shelved for a season.If that night was a blip, it was also part of a small but significant trend.The lower league sides that have given Guardiola’s City problems – Wolves, Bristol City, and Huddersfield also come to mind – have had common traits: intelligent coaching, resolute defending, enough ambition to counter at the right moments, and total confidence in their own identity as a team.Swansea’s inconsistency this season is reflected in the fact they are no higher than 15th in their first season back in the Championship, but on their day they can be a match for many sides – and most of their days tend to come at the Liberty Stadium. Boxing Day is the last home game they lost, with five wins and two draws since including victory over high-flying Sheffield United.Graham Potter is a man with a growing reputation as a talented coach. His Ostersunds side troubled Arsenal last season in the Europa League and he will have views on how to get at City; the fact that their last two games have been away to Norwich and West Brom should have allowed for a decent standard to prepare for today. Guardiola has named strong sides in the FA Cup all season, partly because of the upset last season and also simply because he has so many talented players in the squad. However, what will give him most confidence is the players coming through a similar situation and not making the same mistakes.It is why last season’s title win spurred another strong start, why victory over Liverpool in January helped the players keep their belief that they can win the league again, and why the manager continues to harbour doubts about their Champions League dreams.Lose at Swansea and, however unexpected, it won’t make for a disastrous season but victory, however it comes, can lift the players and the manager even more for the last two months of the season.As well as making the semi-finals of a competition Guardiola has never won, more evidence that the group are stronger this season could yet make a difference in the pursuit of other trophies.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

3-star linebacker Kelly becomes 18th member of Syracuse’s Class of 2015

first_img Published on June 29, 2014 at 4:25 pm Contact Sam: sblum@syr.edu | @SamBlum3 Three-star outside linebacker Daiquan Kelly committed to Syracuse on Sunday, according to multiple reports.The Union City (N.J.) High School junior chose the Orange over offers from Michigan State, Boston College and Pittsburgh, among others, according to Scout.com.Kelly is listed at 6 feet, 3 inches and 210 pounds according to Scout. He is the 18th commitment in the Class of 2015, and joins Dontae Strickland as the only other member from New Jersey. Comments Facebook Twitter Google+last_img read more

Anish: Enough talent pool in India after Vishwanathan Anand

first_imgLast Updated: 25th November, 2019 22:36 IST Anish: Enough Talent Pool In India After Vishwanathan Anand Dutch Grandmaster Anish Giri on Monday said India have a talented bunch of youngsters who need time to bridge the big gap with the legendary Viswanathan Anand. Written By WE RECOMMEND Press Trust Of India COMMENT 9 months ago No Army paratroopers for handing over pink ball to captains WATCH US LIVE LIVE TV SUBSCRIBE TO US 10 months ago Day-Night Test: List of dignitaries invited for the historic eventcenter_img Dutch Grandmaster Anish Giri on Monday said India have a talented bunch of youngsters who need time to bridge the big gap with the legendary Viswanathan Anand. The five-time world champion, who will turn 50 next month, remains the best bet among the Indians with a world ranking of 11.READ: Deontay Wilder brags about being the hardest hitting puncher in boxing history’I don’t think there’s a big gap’: Anish Giri First Published: 25th November, 2019 22:36 IST FOLLOW US 9 months ago World Cup Shooting: Manu Bhaker misses final round by a point 9 months ago Anand has another mixed day, Carlsen extends lead 10 months ago Anand-Carlsen duo on Sourav Ganguly’s wishlist to ring Eden Bell “The young generation of talents who are just 13-14-year-old are too young to make a breakthrough. I think you just need to give them some time,” he said, referring to the two youngsters, Rameshbabu Praggnanandhaa and Nihal Sarin. The 25-year-old halted the Magnus Carlsen express, holding the reigning world champion with Herculean defensive technique in round two of the Blitz on Monday. Terming it an ordinary and dull show, he said: “I did not prepare much for the blitz. I just played something I already knew. It was not a highlight or low light. It was an ordinary game. There were many more games that I was on the lucky side or on the unlucky side. It was a pretty dull game actually.”READ: UFC: Jorge Masvidal takes to Twitter, challenging Conor McGregor for a 2020 fightAnish Giri on his future gamesAnish, who won the Shenzhen Masters this year, said he’s keen on putting a good show at the 2020 Candidates in Yekaterinburg, Russia from March 15 to April 5.”Right now I am not completely thinking about anything. I’m thrilled to make it to Candidates. I have a lot of plans and have to work very hard. If things go my way there are some hopes,” he said.READ: Rob Gronkowski slams Tom Brady and Patriots for ‘negative mood’ ahead of Cowboys winREAD: Anthony Joshua lands in Saudi, promises an ‘iconic evening of boxing’ vs Andy Ruiz Jr “I don’t think there’s a big gap. Harikrishna is very strong, while Vidit Gujrathi is also a top player,” Anish said on the sidelines of Tata Chess 2019 in the Grand Chess Tour.last_img read more

Swimmers Set to Battle for N10m Prize Money

first_imgAll is now set for this year’s Lagos Open Water International Championship with mouthwatering N10million up for grab.According to Coordinator of the event, Mr. Olarenwaju Saheed, the event has been rescheduled for between June 4th and 5th.The change in plans was to enable foreign countries who have indicated interest to properly fine-tune their arrangements ahead of the event. Olarenwaju explained that this is the first time Nigeria will be hosting such an event which will include countries like Ghana, Cote d’ Ivore, Togo, Mali, and Benue Republic.About 300 swimmers from Lagos State have indicated their interest in the championship and would be vying for honours with their counterparts from other states.Olanrewaju who is a member of the board of Lagos State Swimming Association also stated that, the foreign umpires that will officiate at the Lagos open water, will start arriving from June 1.However, Olarenwaju stated that, due to the high volume of entries and participation of some foreign athletes, “the association is seeking for more sponsorship for the championship.”He urged corporate bodies in Nigeria to join hands in promoting swimming in Nigeria as it would add value to their money.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

All-in Translations: One Flew Over the Football’s Nest

first_img Related Articles They are known for localizing online casino content. Now they’re pleading football mania. All-in Translations CEO Roy Pedersen sums up 1,000 days at the football and betting crossroads to highlight the lessons learned.When I launched All-in Translations in Malta back in 2008, the company’s mission was to solve a very obvious problem: many of the people doing language localization of gaming content were either lacking expertise (and passion for) casino games, poker, betting, bingo, etc., or they had amateur-like language skills.I decided the criteria to get a job with us was to have “perfect” language skills and to be borderline cuckoo about all things gaming. We obviously filled an industry void, and with first-mover advantage All-in Translations quickly grew to become the top-of-mind Language Service Provider for the gaming industry. We secured clients like Playtech and Betsson in our cradle days, and I’m proud to say that they’re still with us all these years later.My philosophy has always been to work with what I love and what resonates with me. I’m positively sure one gets better results this way, especially when working with professional translations and copywriting.But as much as I like seeing a flop, or doubling down on 11 against the dealer’s 6, hell I’d even wager on rigged greyhound racing if the mood strikes in good company… football will always be the one. That means more hours of playing Football Manager and FIFA, and listening to podcasts about Fantasy Football, than most people could imagine.So, when our Gaffer (Operations Manager) Tiago Aprigio introduced the concept of Ball In Translations back in 2015 I was dumbstruck I hadn’t thought of it first. There it was… a good reason to work with football again! This was something I had missed since being a football journalist in Norway. I guess it was decided there; and then and I guess this is my Achilles’ heel: if something sounds as good as this did, with a bunch of promising pros, I won’t really be listening when the cons are addressed. As Ken Kesey (Jack Nicholson) put it: To hell with facts! We need stories!Football had always been a big part of the company culture. A lot of the betting content we translated or wrote was about football, and the company was the main sponsor and PR producer for FC Scandinavia. Most of the players in the squad worked with gaming companies in Malta, which led to a fair bit of business. We even won a GIDA League title. All-in Translations was also the first (and last) team to win back-to-back doubles in the Pentasia Clubs League. I don’t think these victories necessarily brought us clients, but I like to think that the ability to constantly produce a winning team was noticed.The very first time we used Ball In Translations in our marketing was at ICE Totally Gaming, back in 2016. We hired a football pool table for our stand, while the whole fun was hosted by the Ali G lookalike, Dani B. As you can see in the below video, he used just the right amount of colourful language.By then, we had already bought a few dozens of tickets for Euro 16 that were intended as prizes and representation. We also booked Zinedine Zidane’s sports complex outside of Marseille to host an exclusive tournament for industry professionals. We were convinced we had identified a need for our services from football clubs and companies, and two part-time sales sharks were hired to test the waters.Ballintranslations.com was brought to life under the slogan “Scoring fans with language”. We even shot a video commercial about a guy visiting Iceland during the Euros to “learn Icelandic” while most of the male population was in France. StumbleUpon Submit Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure  August 27, 2020center_img Share However, all these efforts proved futile and led to ZERO football clients. Plus a few lessons learned:*Do more qualitative research before trying to enter a new market.*Don’t stress the release date or go halfway when building a website.*It’s HARD to convince football clubs or companies of the value of reaching a wider audience through localization and multilingual content. We wanted City, Liverpool or United, but would easily have settled for Gloucester City just because of their logo. We got none of them.Meanwhile, ballintranslations.com was dismissed as an experiment of the (recent) past and we merged the marketing media channels under All-in Translations. One of the two sales people is not working for us any more, while the other one is thriving in a new role as our Marketing manager. We have also decided to pursue clients in esports and crypto, instead of hunting actively for football clubs.It would still be a dream come true to translate or write for a big football club, or even Football Manager or FIFA, and I am certain we would outperform any of our competitors, but it’s hard to avoid the conclusion that the main focus of All-in Translations should be to localize and produce content about casino games, poker, bingo, betting on sports and betting on esports.I am not sure how much the Ball In Translations initiative had to do with it, but over the last 1,000 days we did start working with a very impressive list of big bookmakers and platform providers that are focusing on sports betting. The list includes:William HillBetfairLadbrokes CoralPinnacleKindred GroupSB TechBettorlogicAsian BGEBig Bet WorldBetConstructIn the summer of 2017, we also took over management of the five-a-side football league for gaming companies in Malta. With us in charge, it was renamed the Pentasia All-in League. We rebranded it completely and intensified the focus on fair play. The response to our first season as league managers was phenomenal, and the second season is just about to kick off on September 24th with 29 teams. This is a new record in this league’s 11 years of existence.Last thing I’d like to add is this video commentary on machine translation, where we produced our own music video version of Football Coming Home during the SiGMA Cup in 2017. This is a cup organised by All-in Translations, and the 2018 version will include a stand-up comedy session after the final. So, RSVP now if you’re attending SiGMA and drop us an email if you want to sign up a team (five-a-side). Share SBC Awards: The key to an effective submission August 28, 2020last_img read more