Chris Hohn’s activist fund attacks Safran’s “enormously destructive” €8.5bn Zodiac takeover

whatsapp Chris Hohn’s activist fund attacks Safran’s “enormously destructive” €8.5bn Zodiac takeover Read more: Ithaca Energy shareholder urges fellow investors to reject $1.2bn dealHe added: “Zodiac is in extreme financial and operational difficulty and its problems cannot be fixed by Safran management, who have done zero due diligence on Zodiac’s business.“Safran has not yet signed a binding deal with Zodiac so Safran must act responsibly and pull out of the deal now.” William Turvill Tuesday 14 March 2017 6:50 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFitSavage10 Exercises To Reduce Knee PainFitSavageUndoCrowdy FanShe Went From Marine Boot Camp To Maxim’s CoverCrowdy FanUndoillusion.funIf You See Square Waves In The Ocean Get Out Of The Water Immediatelyillusion.funUndoBasement Repair | Search AdsCrawl Space Foundation Fix? May Now Be Even More Affordable in Scottsdale. Check optionsBasement Repair | Search AdsUndoCleverst20 Cat Breeds That Are Too Expensive For A ReasonCleverstUndoMaster Degree in UK | Search AdsGetting a Master Degree in the United Kingdom Might be Easier Than You ThinkMaster Degree in UK | Search AdsUndoCar NovelsHere Are The Most Incredible Cars Found Stuck In BarnsCar NovelsUndoInteresticleThese Foods May Be Able To Unclog ArteriesInteresticleUndoDental Implants | Search AdsScottsdale: Full Mouth Dental Implants Cost May Surprise YouDental Implants | Search AdsUndo whatsapp Share Chris Hohn’s activist hedge fund has had another bite at French aircraft-engine maker Safran over  a planned €8.5bn (£7.4bn) takeover.The Children’s Investment (TCI) Fund, which owns a 4.1 per cent stake in Safran, publicised its opposition to the deal for plane-seat maker Zodiac last month, saying it had “no strategic rationale”.  Safran hit back shortly afterwards, accusing TCI of wanting to “destroy value” in the firm.Read more: Activist investor Chris Hohn launches bid to block €8.5bn aerospace dealToday, TCI has had another nibble at Safran, claiming Zodiac’s latest financial figures, released today, demonstrate that the takeover offer is “hugely overpriced and will be enormously destructive to Safran shareholder value”.“This is a 25 per cent downgrade to 2017 forecasts and it means that Zodiac is now in clear breach of its debt covenants,” said TCI partner Ben Walker.“In light of this catastrophic business update from Zodiac, we believe that Safran management would be negligent not to walk away or substantially reduce the offer price.” More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com read more

Outsourcer Interserve could be hit by shareholder backlash after advisory group criticises exec pay

Read more: Outsourcer Interserve is being investigated by the FCAWhite was paid £525,900 for the four months between her joining the company in September and the end of the year.Her package included a salary of £216,667 and a bonus of £270,089,A spokesperson for Interserve rejected the criticism saying White deserved her bonus after hitting performance goals.Read more: Interserve investors buoyed by US trash talk “Interserve’s remuneration committee set very specific strategic bonus objectives for Debbie White which were met. These objectives were designed to focus on critically important tasks essential for ensuring stability and starting the process of rebuilding the business,” they said.Interserve secured a £200m lender rescue package in March after a string of profit warnings in 2017. whatsapp Read This NextMumford & Sons Guitarist Winston Marshall Quits Band to ‘Speak My Mind’The WrapSmoking and Hair Loss: Are They Connected?VegamourIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamourBlink-182 Bassist Mark Hoppus Reveals He’s Undergoing Cancer Treatment:The WrapFox News’ Laura Ingraham Suggests Defunding the US Military Over CriticalThe WrapTop 5 Tips If You’re Losing Your EyebrowsVegamourHow Often Can You Dye Your Hair?VegamourMore People Now Use YouTube Than Facebook or Instagram – What Happened?The Wrap James Booth Sunday 10 June 2018 11:30 am Interserve could be hit with a shareholder revolt over the pay of its chief executive Debbie White at its annual general meeting (AGM) this week.Shareholder advisory group Glass Lewis has criticised White’s bonus which represents 125 per cent of her salary, the most she could have received under Interserve’s remuneration system. whatsapp Share Outsourcer Interserve could be hit by shareholder backlash after advisory group criticises exec pay by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHealthline: Medical information and health advice15 Evening Habits that are Definitely Bad for Night’s SleepHealthline: Medical information and health adviceTip ParentsMechanic Checks Cop’s Tire, Then Spots Green Nest InsideTip ParentsPedleb7 Early Symptoms of Cancer Ignored by 90% of PeoplePedlebHealth.recetasgetAll Too Common Foods that Cause CancerHealth.recetasgetWorld of sportTop 20 Healthiest Cities in America in 2021World of sportLife IndigoGwen Stefani, 51, Takes off Makeup, Leaves Us With No WordsLife IndigoHealthy ZoneWarning! 10 Subtle Signs of Kidney Diseases that Should Never Be IgnoredHealthy ZoneFoodMzThis is What Happens to Your Body if You Eat Ginger Every DayFoodMzDaily Sport XThese Baseball Cards Are Worth A Fortune NowDaily Sport X read more

News / Ship fire forces an end to DFDS’s loss-making Rosyth-Zebrugge ro-ro service

first_img A major ship fire has injured one crew member and forced DFDS to cancel its “loss-making” Rosyth-Zebrugge ro-ro route.The fire aboard Finlandia Seaways happened last Monday (16 April) in the engine room, with the injured crew member being airlifted to hospital and treated for smoke inhalation.Senior vice president for North Sea routes Kell Robdrup said an inspection of the ship had revealed “substantial damage” to the engine room, resulting in the vessel being out of service for several months.He added: “Furthermore, our search for a replacement vessel was fruitless and revealed that there are no suitable ships available. Unfortunately, this will bring about further losses on the route and means we have lost all hope of being able to turn around the route’s loss-making.“Therefore, we have no alternative but to close the route, as we undoubtedly will lose clients forced to seek alternative solutions for their transport.”Apologising for the impact on DFDS customers, Mr Robdrup said attempts to cooperate with the Scottish government to save the route, including using a combined passenger and cargo vessel for freight had also proved futile.There had been attempts to reduce costs – double container stacking installing a scrubber to remove sulphur from the exhaust gas instead of using low-sulphur fuel– but, said Mr Robdrup, the route continued to make losses.Charles Hammond, chief executive of Forth Ports, which owns and operates Rosyth, said he was “disappointed”, but added that “we are concerned for the welfare of the injured crew member and we wish him a speedy recovery”.He said: “The service has a long history at Rosyth, operating since 2002, but has faced a number of challenges over the years.”Mr Hammond sought to reassure shippers that Scotland remained “well connected” to mainland Europe,via a “range” of multimodal services from Grangemouth.DFDS, meanwhile, has announced it will deploy a new ship, specially designed for services in the Channel, from 2021. The ship will be built in Avic Weihai shipyard in China and will be able to carry 3,100 lane metres of cargo and 1,000 passengers.Peder Gellert, EVP of the shipping division, said: “Since the ship has not yet been built, we have great opportunities to make sure that it is designed to give our guests the best possible experience.“We will charter the ship from Stena RoRo and operate it for 10 years with an option to buy it after that. And since we are considering replacing the fleet on the Channel in 2031, the timing is really good.” By Alexander Whiteman 24/04/2018last_img read more

Face-to-Face with the Great Leader

first_imgNews AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Face-to-Face with the Great Leader It was the DPRK’s founding day and a national holiday- but no break for us. We had to continue watching movies all day long, in the spirit of the “Shock Brigades” who knew no holidays either. We had seen plenty of Shock Brigades in the movies and occasionally on the streets, too: young volunteers, building bridges, highways and high-rises. I loved the Shock Brigade girls in their cute uniforms, and I went around playfully admonishing everyone, “Shock Brigade spirit! No breaks! More movies!”The export company people didn’t seem to possess much of that spirit, though. They wanted one rest after another. And they got them-the screenings were often interrupted by power failures. “That’s due to the American imperialists,” Miss Choe explained. “We couldn’t build our own nuclear power station because of them. They promised to help us build light-water reactors but so far they haven’t done anything.”Once the screenings were over for the day, we were taken to the big celebration on Kim Il Sung Square. Here, lack of electrical power wasn’t an issue. The roofs of the buildings were covered with thousands of flood lights, the brightly lit Juche Tower rising forth on the other side of the river. Having seen the children rehearsing, I was expecting a gigantic mass gymnastics display. There wasn’t one. There weren’t even any speeches. Maybe these things had taken place earlier in the day? Although the music was the same awful revolutionary music as always, all in all it was quite a joyous party. Along with all the other foreigners in town- who ranged from tourists to diplomats, a meager 200 or so in total- we were placed on the right side of the large stone stand overlooking the square. Behind us was the Grand People’s Study House, Pyongyang’s main library, which had its own balcony. It was from here that Kim Jong-il would occasionally watch parades or celebrations like this one- although he rarely ever showed up. Down on the square, women in traditional Korean garb danced in little circles around poles decorated with colourful ribbons. It didn’t look like much rehearsal had gone into this particular display. People just seemed to be having a good time. After a short while, the dancing circles dissipated and the participants were simply dancing freely with one another. We could join in, if we wanted. Nicolas did, having a few rounds with Miss Choe.The party was still in full swing when Mr. Sok urged us to return to the hotel. We walked off Kim Il Sung Square through an unlit side street- the city outside of the celebration being as dark as it ever was. We encountered military vehicles and security forces blocking off the street, but were able to walk around them without any problem or questions asked. However, sporadic fist fights broke out between security staff and several young men not long after we did so. Fierce fights, as far as one could tell in the darkness. I wondered whether the confrontation was due to common citizens being refused access to the festivities. “What about those fights?” I asked Miss Choe. “Is it people trying to get in or out?”“What fights?” she replied. “There are no fights.”“There are fights. Can’t you see them?” I insisted, pointing at the battle closest to us. “Ah, you mean that,” she sighed. “That’s not fighting. Just a little…pushing for discipline.”Nicolas left his camera case closed. Our final day in Pyongyang. We got off to an early start, paying the customary visit to the eternal president Kim Il-sung in his state of eternal silence. I had already seen Lenin lying dead, stuffed in his Moscow mausoleum, and this was like a visit to a bygone era. I recalled Red Square being cordoned off. At a checkpoint visitors were searched for cameras, and then ushered along a line of solemn policemen into the chilly display room. Loitering was prohibited and one had to walk by the exhibit quickly. Lenin was dressed in a suit from the 1920s. It all felt a little shabby. One could also visit the gravestones along the Kremlin wall, of Stalin, Khrushchev and Brezhnev. Following this visit with ghosts of the past, it was quite cool to have lunch at a Western burger bar on the other side of Red Square, where the new times had set in. I had also seen Mao in his Beijing display room. No cameras were allowed there either, but the protocol was far less Spartan than in Moscow. One could buy flowers to lay nearby, or a little information booklet on the mausoleum. Dressed in his Mao suit and covered by a Chinese flag, visitors were still required to walk by the Great Helmsman quickly (or the puppet stand-in when the original Mao was undergoing restoration). The whole purpose of the exhibition seemed to be channeled toward the big souvenir shop situated behind the display room, in which every imaginable item of Mao kitsch was available: from Mao cigarette lighters (which played the tune of ‘The East is Red’ whenever in use), to Mao posters, postcards, cups, plates and lamps. There were Mao sculptures of all sizes and even Mao tea. Once through the exit, hundreds of stalls offered the Mao pilgrim everything from batteries to umbrellas, rolls of photographic films to Mickey Mouse T-shirts. The Kumsusan Memorial Palace is a totally different affair. Hundreds of people lined up in orderly fashion at the front entrance. No individual visitors but rather army platoons, farmers’ co-operatives and factory-worker units. As always the foreigners were led to the front of the line. The actual “palace” was quite a distance away from the main entrance. There was a long passageway to traverse, after first walking over a blanket of brushes to disperse any dirt being brought in. Then it was necessary to place any cameras and metal objects into storage. A metal detector and a body search followed. Foreign coins, aluminum-wrapped cigarette packets- anything metallic that we had neglected to relinquish earlier- were then removed and taken to the storage desk by our guides. We were transported by a moving walkway to the actual palace. We had no option but to remain on it- walking was prohibited. The walkway proceeded very slowly, in order to give us time to “collect our thoughts,” as Miss Choe put it. Once inside the marble palace, we were led into the room where the Great Leader stood- or rather, a big stone statue of him, in front of which we had to bow. Revolutionary music played; everything was very solemn. Following another cleansing procedure- this one blowing dust from our clothes and dry scalp off our heads via cold jets of air- we were ushered into the holy room where Kim Il-sung’s eternity was resting. In the centre was the holiest shrine in North Korea: Kim Il-sung himself, under glass, dressed in a suit. It was required that we see him from all sides, always stopping and bowing to him. Behind us was a class of school girls, about fourteen-year-olds, most of them crying. Even Miss Choe shed a little tear upon seeing the Great Leader, motionless and smiling. SHARE Facebook Twitter There are signs that North Korea is running into serious difficulties with its corn harvest North Korea tries to accelerate building of walls and fences along border with Chinacenter_img News RELATED ARTICLESMORE FROM AUTHOR News By Daily NK – 2010.02.19 9:52am News Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak last_img read more

IIROC signals compliance priorities

first_img Share this article and your comments with peers on social media SEC examines rules for inter-fund trading Regulators aim to root out pandemic-driven liquidity issues Related news Canadian securities dealers need to do a better job of treating clients like individuals, according to compliance reviews carried out by the Investment Industry Regulatory Organization of Canada (IIROC). IIROC published its Annual Consolidated Compliance Report on Tuesday, setting out its compliance priorities for the year ahead, and reviewing the results of some of the compliance activities it carried out in 2014. With the implementation of the Client Relationship Model (CRM) reforms taking place over the past couple of years, dealer compliance with those requirements features prominently in the report. James Langton For instance, IIROC notes that it carried out a targeted review of the Relationship Disclosure (RD) documents provided by firms as part of the first wave of CRM reforms, which found that many firms are using the same documents for different types of client accounts, including advisory accounts, order-execution service accounts and managed accounts. The regulator says that it will work to reinforce the requirement that dealers must provide clients with a meaningful relationship disclosure document. “In order to achieve the goal of better informing clients, the RD should, at the very least, be tailored to the client account type,” it says, noting that disclosure that is not account-specific “may mislead or confuse clients by providing them with information that is not relevant or applicable to their account type(s).” Additionally, it says that its review found “wide variation … in terms of the quality and depth of the discussion of the suitability assessment methodology, as well as the discussion and disclosure of conflicts of interest” in these documents. “The discussion of the suitability assessment should, at a minimum, include a description of the different KYC factors and an explanation of how they are taken into consideration, individually and combined, in assessing overall suitability,” it says, adding that the suitability assessment methodology should be explained in plain language. Additionally, IIROC reports that a review of firms’ KYC information collection processes found that some dealers “were not collecting precise KYC information but rather, were assigning clients to one of a small number of investor profiles, based on general client information collected.” It also found variation in the depth and quality of information collected regarding the client’s investment objectives, investment time horizon and risk tolerance. Looking forward In the year ahead, IIROC says that its compliance department will be reviewing firms adherence to new fee disclosure requirements, which represent the first elements of the so-called CRM2 reforms that are being implemented over the next couple of years to enhance investor understanding of investment cost and performance reporting. Its’ examiners will be reviewing firms’ policies and procedures regarding this requirement, as well as reviewing audit trail materials to confirm that the required fee disclosures are being provided to clients, it says. IIROC is also planning to conduct a review of the use of business titles and financial designations by reps. It says that its examiners will be reviewing dealers’ policies and procedures “to determine whether issues relating to the use of business titles and financial designations are adequately addressed in the context of the firm’s business model and account offerings.” And, it plans to pay particular attention to titled intended to convey an expertise in senior-related issues or retirement planning, “to ensure that any individual claiming such expertise is appropriately qualified and competent.” The regulator is also going to review firms’ policies and procedures and other documentation pertaining to conflict of interest management. And, it plans to look at firms’ social media policies and procedures as part of the next examination cycle. “The focus will include an analysis of the ways in which social media is being used by the [dealers and their reps], as well as the processes that [dealers] have implemented to monitor and control the use of social media by their staff.” Other major issues include cyber security and seniors-related issues, along with various trading and financial operations issues. “This comprehensive report underscores our commitment to transparency and high industry standards and signals our compliance priorities for the coming year,” said Andrew Kriegler, IIROC’s president and CEO. “As a public interest regulator, we are focused on protecting investors, while allowing IIROC-regulated firms flexibility in implementation.” “We encourage IIROC dealers to leverage this important resource to strengthen their oversight and day-to-day compliance and risk management practices,” he added. Keywords Compliance,  Client relationship modelCompanies Investment Industry Regulatory Organization of Canada Conflicts, crypto, cyber risk: the year ahead in compliance Facebook LinkedIn Twitterlast_img read more

Lockdowns and oil prices drive provincial pandemic effects: StatsCan

first_img Household debt-to-income ratio fell in first quarter: Statscan Leading indicators signal steady rebound: OECD James Langton Oil pump jacks at sunset sky background. bashta/123RF Keywords Economic indicators,  Pandemics,  CoronavirusCompanies Statistics Canada The severity of physical distancing restrictions and the trajectory for oil prices are the most important drivers of the impact of the Covid-19 outbreak on provincial economies, Statistics Canada reports.According to experimental indexes of economic activity developed by StatsCan to measure the effects of the pandemic at the provincial level, the differing public health restrictions imposed in response to the initial outbreak were directly reflected in the outcomes for various provincial economies. The toughest restrictions were adopted in British Columbia, Ontario and Quebec to start, with less strict measures in most other provinces.At the same time, a sharp drop in oil prices also hit the big energy-producing provinces: Alberta, Saskatchewan and Newfoundland.As a result, while all of the provincial economies enjoyed growth over the summer as restrictions were relaxed, StatsCan’s experimental indexes show that Alberta, Saskatchewan, Ontario and B.C. remained the most impacted, compared with conditions before the pandemic.“This is consistent with the dual effects of the pandemic and the decline in oil prices on the economies of Alberta and Saskatchewan, and the fact that Ontario was the last province to lift the most restrictive physical distancing measures,” StatsCan said.Economic activity remained below pre-pandemic levels in most provinces, StatsCan said.The provinces that fared best, according to the experimental indexes, were Nova Scotia, Prince Edward Island Quebec and Manitoba.“Up to August, Manitoba was a jurisdiction where the effects of Covid-19 were less prevalent, and Quebec was among the first provinces to ease restrictions,” StatsCan noted. Related news Ontario unlikely to balance budget by 2030: FAO Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

Sydney’s north west booming with jobs and infrastructure

first_imgSydney’s north west booming with jobs and infrastructure Hundreds of construction workers in Sydney’s north west are building new and improved parks, sporting fields, roads and cycleways thanks to the NSW Government’s Accelerated Infrastructure Fund (AIF).Minister for Planning and Public Spaces Rob Stokes said construction was already underway on all 14 projects in The Hills and Blacktown that received a share of $145 million in funding from the Government and local councils.“At the start of the COVID-19 pandemic, we acted swiftly to invest in projects that kept people in jobs and the economy moving,” Mr Stokes said.“This time last year we started working closely with two of Sydney’s fastest growing councils to invest in funding to create construction jobs, boost investment, deliver critical community infrastructure and support the delivery of new homes.“The Hills Shire and Blacktown City Councils stepped up to match our $75.9 million in funding which will support the development of approximately 40,000 homes, 115 hectares of employment land and 1,000 construction jobs.”Projects underway include road upgrades in Marsden Park, a new regional sports park in Schofields and a new multipurpose sporting and recreational facility in Kellyville.Member for Riverstone Kevin Conolly welcomed the construction work underway in his community. “We’ll see new parks, roads and vital infrastructure as part of this accelerated program which will also support hundreds of new jobs today and into the future,” Mr Conolly said.Member for Castle Hill Ray Williams said the funding would assist with the right infrastructure for growing communities. “This funding will help with improving roads and signalling which will make things easier for locals,” Mr Williams said. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Blacktown, Blacktown City Council, building, community, covid-19, employment, environment, Government, infrastructure, Investment, local council, Minister, New South Wales, NSW, pandemic, planning, Sydney, Williamslast_img read more

Napa Valley Vintners Invests Additional $4.1 Million in Funding Toward Community…

first_imgLinkedin Home Industry News Releases Napa Valley Vintners Invests Additional $4.1 Million in Funding Toward Community Health…Industry News ReleasesWine BusinessNapa Valley Vintners Invests Additional $4.1 Million in Funding Toward Community Health NonprofitsBy Editor – November 14, 2018 92 0 ReddIt TAGSAuction Napa ValleyNapa Valley VintnersOLE Health AdvertisementServices improve the lives of nearly 70,000 clients throughout Napa County11/14/2018 – St. Helena, CA—The Napa Valley Vintners (NVV) today announced an additional $4.1 million in funding to 15 Napa County nonprofit partners. These local nonprofits provide services via these funds to nearly 70,000 Napa County clients under the community health umbrella.The $4.1 million allocated to a core group of nonprofit partners is in addition to the final $2 million of a $6 million grant to OLE Health for its new medical facility in south Napa. Expected to open in 2019, the OLE Health Napa Valley Vintners South Napa Campus will serve more than 15,000 patients annually.This funding is made possible through proceeds from the NVV’s annual fundraiser, Auction Napa Valley. To date, the NVV has invested more than $185 million in the Napa Valley community via Auction Napa Valley proceeds.From American Canyon to Calistoga, and from before birth to compassionate end-of-life care, NVV funding supports services in the areas of primary healthcare, critical pediatric dental needs, mental health, family strengthening and other facets of creating a healthy, vital community.Pediatric Care at OLE Health Photo by Bob McClenahan for the Napa Valley Vintners “The NVV is grateful for the opportunity to support the dedicated, resourceful and impactful nonprofits working to improve community health in Napa County,” noted Carol Kingery Ritter, an Auction Napa Valley Community Board Member and Chair of the NVV’s Grants Review Committee. “This opportunity wouldn’t be possible without the generosity of our members, bidders and the dedication of every member of this community in making Napa Valley a unique place that cultivates the spirit of giving.”Affordable healthcare and access to quality mental health services, especially affecting youth in Napa County community, are community concerns that are directly affected by funding in this announcement. A few examples include:One in five Napa County residents use OLE Health as their primary care provider. OLE Health is the largest recipient of NVV funding and Napa County’s only nonprofit health clinic.Every child in Napa County has access to health insurance through the Community Health Initiative, of which NVV is the largest local private funder.Non-profit partners including Aldea, Inc., Cope Family Center, Mentis and NEWS provide a wide net of mental health services for children and their families throughout Napa County.To read Stories of Impact and meet some of the people who have been helped by Auction Napa Valley proceeds, visit auctionnapavalley.org/giving.About the Napa Valley VintnersThe Napa Valley Vintners nonprofit trade association has been cultivating excellence since 1944 by inspiring its 550 members to consistently produce wines of the highest quality, to provide environmental leadership and to care for the extraordinary place they call home. Learn more at napavintners.com.About Auction Napa ValleySince 1981, Auction Napa Valley, the Napa Valley Vintners’ (NVV) annual community fundraiser, has utilized the worldwide reputation of Napa Valley wines and the scenic beauty of the region to enhance the health and wellbeing of the Napa County community. To date, the NVV has invested $185 million from Auction Napa Valley proceeds in local nonprofit organizations. Learn more at auctionnapavalley.org.About the Community Health Nonprofits Funded in This AnnouncementAldea Children & Family Services$835,000 (2,085 clients served)Aldea Children & Family Services improves the lives of the people they serve by providing professional mental health, child welfare and family support services in a manner that respects and supports the dignity and individuality of each person.Collabria Care$500,000 (2,962 clients served)Collabria Care is committed to providing professional healthcare, expert resources and compassionate support to individuals and their loved ones experiencing the transitions of aging, serious illness or facing the end of life.Community Health Initiative (CHI) Napa County  $250,000 (12,5000 clients served)CHI’s mission is to improve the health of children and their families residing in Napa County by improving access to healthcare services through health insurance enrollment, education, advocacy and resource support.Cope Family Center   $400,000 (2,642 clients served)Cope’s mission is to empower parents, nurture children and strengthen communities by providing parents with the education, resources and support they need to raise children who thrive.Girls on the Run Napa & Solano $50,000 (462 clients served)Girls participate in a 10-week session to create a stronger sense of self and a life skills tool kit so that they are better prepared to make healthy life choices, avoid risky behaviors and maintain higher self-esteem.Lilliput Children’s Services$60,000 (410 clients served)Lilliput Children’s Services provides foster adoption services, post-adoption services, workshops and trainings for parents and professional development for child welfare and mental health professionals.Mentis $325,000 (1,078 clients served)Mentis provides affordable, bilingual and professional mental health services for people of all ages living in Napa County.NEWS   $185,000 (1,390 clients served)NEWS is dedicated to providing safety, hope, healing and empowerment for survivors of domestic and sexual abuse.OLE Health  $500,000 (25,205 clients served)OLE Health’s mission is to provide high-quality primary healthcare to the entire Napa County community through a team-based model ensuring that patients reach their wellness goals with comprehensive services including behavioral health, nutritionists, clinical pharmacists and care coordinators.ParentsCAN$115,000 (4,569 clients served)ParentsCAN offers wide variety of services free of charge to all families raising a child with special needs, with services tailored to meet the needs of each individual and family. Pediatric Dental Initiative (PDI)   $75,000 (4,652 clients served)PDI provides oral surgery under anesthesia to treat children with severe tooth decay, while offering oral health education, screenings and dental coverage assistance.Planned Parenthood of Northern California $230,000 (3,374 clients served)Planned Parenthood provides clients with information to make well-informed decisions about sexuality, family planning and childbearing, with an emphasis on teen pregnancy and STD-HIV prevention.Puertas Abiertas   $100,000 (2,263 clients served)The mission of Puertas Abiertas is to work hand in hand with Latinos to achieve healthy lifestyles, self-sufficiency and opportunities for leadership and community engagement.Rianda House Senior Activity Center $85,000 (1,000 clients served)Rianda House provides up-valley seniors with programs, support services and experiences that stimulate minds, strengthen bodies and promote independent living through education, recreation and social involvement.UpValley Family Centers of Napa County $400,000 (3,652 clients served)UpValley Family Centers provides applications assistance, translation, case management, legal services, housing and other services toward self-sufficiency for up-valley Napa Valley residents. Email Pinterestcenter_img Facebook Twitter Advertisement Share Previous articleLe Verre De Vin: An Exciting New Partnership in CaliforniaNext articleHarvest 2018 Comes to a Close in Paso Robles Editorlast_img read more

J. Lohr Vineyards & Wines Debuts Exclusive, Small-Lot Releases in Direct-to-Consumer…

first_img Previous articleWine Spectator Launches ‘Insider Weekly’ Digital NewsletterNext articleFolded Hills Opens Homestead, Celebrates Cleaner Wines Press Release AdvertisementNew Wines Showcase J. Lohr’s Paso Robles Bordeaux Varieties from Select Vineyard ParcelsPASO ROBLES, Calif. – Nov. 7, 2019 – J. Lohr Vineyards & Wines is excited to announce the introduction of five winery-exclusive wines showcasing Bordeaux varieties grown, produced and bottled from select parcels of J. Lohr’s sustainably farmed Paso Robles estate vineyards. Beginning with the 2017 vintage, J. Lohr’s vineyard and winemaking teams collaborated to identify special parcels that illustrate a site’s unique expression of a key varietal. Joining the established, highly regarded J. Lohr Vineyard Series tier, these wines marry selectively harvested fruit from these sites with J. Lohr’s small-lot, artisan winemaking techniques.“Our vision is to create interesting, educational releases that offer members and collectors a close-up view of a single ranch or block,” said J. Lohr Director of Winemaking Steve Peck. “This focused examination of a particular variety’s expression results in named bottlings that reinforce J. Lohr’s experience and leadership in Paso Robles and Monterey County, appellations that we helped pioneer.”Crafted in limited-release quantities of 18 to 750 cases, these wines are available to J. Lohr Wine Club members, online, and at J. Lohr’s two wine centers in Paso Robles and downtown San Jose. The five new releases are:2017 J. Lohr Shotwell Vineyard Cabernet Sauvignon, $45 SRP;2017 J. Lohr Home Ranch Petit Verdot, $45 SRP;2017 J. Lohr El Pomar Vineyards Malbec, $60 SRP;2017 J. Lohr Home Ranch Cabernet Franc, $60 SRP; and,2017 J. Lohr Buena Vista Road Vineyard Saint Macaire, $60 SRP, and is available exclusively to J. Lohr Vineyards Select Society Wine Club members.“We have numerous firsts among this set and are thrilled to share them with our loyal club members and guests at our wine centers,” said J. Lohr Red Winemaker Brenden Wood. “Our debut varietal Petit Verdot shows a deep core of black fruit and spice balanced with sturdy tannins. Leveraging the warmer climate of the Region III Paso Robles Estrella District, we have produced our first-ever Cabernet Franc, also grown on our Home Ranch outside the J. Lohr Paso Robles Wine Center. Our Malbec, which we traditionally blend to add bright notes into our wines, now takes center stage in its own release from two adjacent vineyards in the El Pomar District. It’s a winemaker’s dream to collaborate with our teams to craft these small-lot gems.”Furthering J. Lohr’s mastery of site-specific Cabernet Sauvignon, the J. Lohr Shotwell Vineyard Cabernet Sauvignon is grown in the Region II climate of the El Pomar District and is the second crop ever to be harvested from J. Lohr’s high-elevation blocks 14 and 16, planted to ENTAV clone 412. The wine was aged for 18 months in 60-gallon French oak barrels, with 10% new oak. Rare Bordeaux grape variety Saint Macaire makes its own statement with dark blue fruit balanced by soft but dense tannins, attributable to the Nacimiento-Ayar soils of the Buena Vista Road Vineyard in the Paso Robles Estrella District.These exciting wines join two new winery-exclusive whites released in June 2019: the 2018 J. Lohr F&G Vineyard Sauvignon Blanc and the 2018 J. Lohr F&G Vineyard Pinot Blanc, from estate vineyards in Monterey County’s cool-climate Arroyo Seco region. The 2018 J. Lohr Highlands Bench Pinot Noir from J. Lohr’s estate vineyards in the Santa Lucia Highlands also joins this exclusive tier, after formerly being available nationally. The addition of these wines to J. Lohr’s direct-to-consumer (DTC) portfolio signals the family owned-and-operated winery’s enhanced focus on offering unique wines and tasting experiences tailored to appeal to J. Lohr’s wide-ranging online and in-person visitors.About J. Lohr Vineyards & WinesFounded forty-five years ago by Jerry Lohr and still family owned and operated today, J. Lohr Vineyards & Wines crafts a full line of internationally recognized wines from its 4,000 acres of certified sustainable estate vineyards in Paso Robles, Monterey County’s Arroyo Seco and Santa Lucia Highlands appellations, and St. Helena in Napa Valley. Offering an expressive range of styles that showcase its estate fruit, J. Lohr produces six tiers of award-winning wines: J. Lohr Estates, J. Lohr Vineyard Series, J. Lohr Pure PasoTM Proprietary Red Wine, J. Lohr Cuvée Series, J. Lohr Gesture, and J. Lohr Signature Cabernet Sauvignon. The J. Lohr Wine Centers in Paso Robles and San Jose welcome visitors daily, and the company’s online home is JLohr.com.Advertisement TAGSJ. Lohr Vineyards & Wines Share Linkedin Email Facebook Twitter Pinterest Home Industry News Releases J. Lohr Vineyards & Wines Debuts Exclusive, Small-Lot Releases in Direct-to-Consumer PortfolioIndustry News ReleasesWine BusinessJ. Lohr Vineyards & Wines Debuts Exclusive, Small-Lot Releases in Direct-to-Consumer PortfolioBy Press Release – November 7, 2019 276 0 ReddItlast_img read more

LEHS|WISH appoints Rajesh Ranjan Singh as CEO

first_img Read Article Related Posts Add Comment Comments (0) By EH News Bureau on October 7, 2019 Phoenix Business Consulting invests in telehealth platform Healpha Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” With decades of experience coupled with deep techno-managerial, analytical skills, Singh will lead organisation into next phase of growthLEHS|WISH recently announced the appointment of Rajesh Ranjan Singh as its new Chief Executive Officer (CEO) as it works to scale the impact of its innovative primary healthcare models in the country. With three decades of experience coupled with deep techno-managerial and analytical skills, Singh will lead the organisation into its next phase of growth.Singh brings with him robust leadership experience as a social and community-healthcare professional. Prior to his association with WISH, Singh worked with several prestigious institutions, including Project Concern International (PCI), Concern Worldwide, MAMTA-Health Institute for Mother and Child, amongst others. He serves on various national core committees developing strategic guidelines and frameworks for health and sits on the boards of organisations such as Humanitarian AID International (HAI) and Alliance for Immunisation and Health (AiH), etc. and advises new startups like Empey India.Speaking on the appointment, Sunil Wadhwani, Founder, Donor, WISH said, “I am delighted to welcome Rajesh Ranjan Singh as the CEO. He has been an integral part of the senior leadership team from the beginning when he had joined the organisation as its COO nearly three years ago. He has a deep understanding of the healthcare industry in India. Under his leadership, the organisation consistently evolved to its current state, and is offering technical and advisory services to various state and central government bodies, while meeting the strategic priorities set by the Board. I have tremendous confidence in Singh’s capability to lead and accelerate WISH’s and India’s goal of Healthy India @75.”Reiterating the Board’s confidence in Singh, Sunil Tewari, Board Chair, WISH said, “With his deep techno-managerial and analytical skills and knowledge, I have no doubt that Singh will help us in expanding our reach and impact into the underserved communities.”Singh is a post-graduate in Sociology and an international development practitioner who has worked in several leadership positions, designing and managing high-impact programmes in Asia and Africa. He is committed to critical self-reflection, loves to mentor young talent and is devoted to learning and collaboration. He is an ardent animal lover and whisperer. Expressing his excitement at the news, Singh, said, “WISH has had phenomenal success in establishing itself as a pioneer in developing innovations and technology for primary healthcare to meet the needs of the underserved in India. I am elated to be given the opportunity to shape WISH’s new strategy moving towards digital health for bringing about systemic changes, and leveraging innovations and Artificial Intelligence for public health.” WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals The missing informal workers in India’s vaccine story MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Life News Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care app CEOLEHS|WISHprimary healthcareRajesh Ranjan Singh Menopause to become the next game-changer in global femtech solutions industry by 2025 Share LEHS|WISH appoints Rajesh Ranjan Singh as CEO last_img read more