Posted On Sep 4 2021 by

first_img whatsapp FINANCIAL TIMESBLACKSTONE QUITS LIVERPOOL TALKSThe credit unit of Blackstone, which had been mooted as a possible leader of a £280m ($436m) refinancing of Liverpool Football Club, has pulled out of talks with its owners in a potential setback in their attempt to keep control of the company. People close to the situation said the unit of the US private equity company, called GSO Capital Partners, had considered the transaction but had decided against proceeding last week.HAIKE PUSHED INTO THE REDShares in Haike Chemical fell almost 57 per cent after the Chinese petrochemicals company dropped $21m (£13.5m) into the red in the first half. Haike, which has lost three of its five non-executive directors this year, signalled the losses in June when it reported a pre-tax loss of $1.8m on revenues of $591.3m for 2009.L’ORÉAL ENDS CONTRACTS TO BETTENCOURT’S FRIENDL’Oréal has abruptly ended consultancy contracts it had awarded to the controversial photographer friend of lawyered by David HooperLiliane Bettencourt, the 87-year-old daughter of the cosmetics group founder and its biggest shareholder. The Paris-based company terminated Francois-Marie Banier’s consultancy contracts, including a 10-year €4m ($5.2m) artistic contract, because media attention “was such that their continuation would have been damaging for L’Oréal,”SAHARA IN TALKS TO RESCUE MGMSahara India Pariwar, an Indian media-to-sports conglomerate controlled by billionaire industrialist Subrata Roy, is in talks to rescue Metro-Goldwyn-Mayer, the debt-ridden Hollywood studio, in a move that would deepen ties between Bollywood and Hollywood.THE TIMESTRAVELZEST FEUD LAID BAREBrotherly love is in short supply at Travelzest, the AIM-listed holiday group, which faces legal claims totalling about £5m. The company, best known for its ownership of Peng Travel, Britain’s biggest naturist tour operator, is being sued for wrongful dismissal by Edward and Shane Carroll — respectively father and brother of its chief executive Jonathan Carroll. SPAIN LOOKS FOR SUPPORT FROM WALL STREETThe Spanish Prime Minister will meet key Wall Street investors today in an effort to convince them that his Government’s austerity reforms are enough to drag Spain out of recession. Jose Luis Rodriguez Zapatero will attempt to explain how the socialist government is aiming to reduce the country’s deficit. Monday 20 September 2010 9:31 pm The Daily TelegraphPHARMA GIANTS TO WORK TOGETHERThe UK’s pharmaceutical giants are gradually shedding their secretive mindset and sharing experimental compounds with other organisations in a bid to develop more effective medicines, according to one of AstraZeneca’s most senior scientists. A chief scientist at Astra will say collaborating with other companies could help deliver cost-effective medicines.FACEBOOK DENIES SMARTPHONE PLANFacebook has denied several reports that it is developing a smartphone, in a move which would up the competition between itself and major rivals, Google and Apple. Reports yesterday alleged that Facebook is developing smartphone software. Yesterday TechCrunch, a technology site, ran a saying the company was developing mobile phone software.WALL STREET JOURNALPROXY FIRM SIDES WITH BURKLEIn a potential blow to Barnes & Noble, the US’s largest proxy advisory firm, Institutional Shareholder Services, is backing billionaire investor Ronald Burkle’s slate for the book retailer’s board. “Based on deteriorating operating performance, poor shareholder return, less-than-enthusiastic analyst recommendations, inadequate transparency, we believe the dissidents have demonstrated a compelling case that change is warranted,” it said. EUROPEAN STABILITY FUND GETS TRIPLE-A RATINGSThe European Financial Stability Facility — the vehicle that will issue guaranteed debt to raise money for euro-zone member countries that can’t borrow in the markets — has received the key triple-A credit ratings that should give it access to low-cost funding. Share Tags: NULL KCS-content center_img WHAT THE OTHER PAPERS SAY THIS MORNING whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA 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.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Show Comments ▼last_img read more

Scientific Games mulls IPO for social gaming business

Posted On Aug 24 2021 by

first_img Company also boosted by NYX purchase as revenue climbs 7% in Q3 9th November 2018 | By contenteditor Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Topics: Casino & games Finance Lottery Sports betting Strategy Social gamingcenter_img Scientific Games has revealed plans for a possible initial public offering (IPO) for a minority interest in its social gaming business, while the company has cited its acquisition of NYX Gaming Group as one of the main reasons behind a 7% year-on-year jump in revenue during the third quarter. The company said the IPO could take place next year in order to “provide greater flexibility to pursue additional growth initiatives” and “unlock additional value” for its stakeholders. Scientific Games added that it intends to use the proceeds from the IPO primarily to repay debt. Barry Cottle (pictured), CEO and president of Scientific Games, said: “For our rapidly growing social business, an IPO would give us greater flexibility to pursue growth for the business and drive value for stakeholders. “We remain focused on delivering for our customers and running our business efficiently and effectively to drive revenue, reduce costs and continue to build momentum across the company.” Meanwhile, Scientific Games has reported its financial results for the three months through to the end of September, during which revenue amounted to $821m (£630.8m/€724.1m). This 7% year-on-year growth was driven by a $6.5m contribution from NYX. Scientific Games finalised its acquisition of NYX in January of this year in a deal worth around $587.9m – a move it said would create a “global digital gaming and lottery powerhouse”.Consolidated attributable EBITDA at the firm was also up 9% year-on-year in Q3 to $325.7m, which the company said was primarily driven by higher revenue and continued operational efficiencies. Scientific Games also reported a sharp increase in net loss – up from $59.3m to $351.6m due to restructuring and other charges, including a $309.6m charge related to a legal matter involving Shuffle Tech. Cottle said: “We are very pleased with the growth we are seeing across our businesses as we continue to lead our industry into the future. “Our investments in digital, sports betting, and new games are producing the most innovative and engaging products in the market and we are excited about the customer response in the US and around the world.” Analysts from Regulus also gave their view on the Q3 results, saying Scientific Games had achieved “two important things after a long period of debt-fuelled M&A” in the form of pivoting into material digital capability and generating enough cash to begin paying down material proportions of debt.Image: Scientific Games Scientific Games mulls IPO for social gaming business Casino & games Email Addresslast_img read more

OPAP appoints Karas as permanent chief executive

Posted On Aug 24 2021 by

first_img“We are looking forward to continue working with him, in his new capacity, in order to implement OPAP’s strategic objectives and address the challenges related to the recovery from the pandemic crisis.” Topics: People People moves Management Management OPAP appoints Karas as permanent chief executive Gross gaming revenue (GGR) for the three months to 30 September amounted to €391.0m (£354.8m/$479.1m), down 0.7% from €393.6m last year. However, as marketing cost were recued, this pushed net profit up from €49.0m to €52.3m. Karas, previously chief commercial officer of OPAP, took over as interim CEO in May following the departure of Damian Cope. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “Jan had been serving as OPAP’s acting CEO, contributing significantly to the company’s business initiatives and response to the novel coronavirus (Covid-19) pandemic and the impact of the relevant restrictive measures,” OPAP executive chairman Kamil Ziegler said. He will now take on the role permanently from 1 January and also become an executive member of the operator’s board of directors. The appointment comes after OPAP last month reported a slight year-on-year dip in revenue in its third quarter, though reduced spending helped push net profit up 6.7%. Ziegler also serves on the OPAP board, along with vice chairmen Spyros Fokas and Pavel Saroch, chief financial officer Pavel Mucha and a number of non-executive members. Sazka-owned Greek gambling operator OPAP has appointed Jan Karas as its chief executive on a full-time basis, following an interim spell in the role. 18th December 2020 | By Robert Fletcher Tags: OPAP Jan Karas Subscribe to the iGaming newsletter Regions: Greece Email Addresslast_img read more

FMBcapital Holdings Plc (FMBCH.mw) 2010 Abridged Report

Posted On Jul 12 2021 by

first_imgFMBcapital Holdings Plc (FMBCH.mw) listed on the Malawi Stock Exchange under the Banking sector has released it’s 2010 abridged results.For more information about FMBcapital Holdings Plc (FMBCH.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the FMBcapital Holdings Plc (FMBCH.mw) company page on AfricanFinancials.Document: FMBcapital Holdings Plc (FMBCH.mw)  2010 abridged results.Company ProfileFMBcapital Holdings (FMBCH) is the Mauritius based holding company for the FMBcapital Group and was listed on the Malawi Stock Exchange in September 2017 following a one for one share swap with First Merchant Bank of Malawi shareholders. FMBCH has banking and finance operations in Botswana, Malawi, Mozambique, Zambia and Zimbabwe. It is primarily an investment holding company with interests as follows: First Capital Bank, Malawi – 100% (established June 1995)First Capital Bank, Botswana – 38,60% (established July 2008)Capital Bank Mozambique – 70% (acquired June 2013)First Capital Bank, Zambia – 49% (acquired June 2013)First Capital Bank in association with Barclays – 62% (acquired October 2017) Through its subsidiaries, FMBCH offers a comprehensive range of financial products and services to both corporate and retail sectors. The Global Credit Rating Co. has consistently given FMB an annual Long Term Rating of A+ and a Short Term Rating of A1 since 2007. FMBcapital Holdings Plc is listed on the Malawi Stock Exchangelast_img read more

Executive Council ponders, debates next triennial General Convention budget

Posted On Jun 20 2021 by

first_img Press Release Service In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Youth Minister Lorton, VA Assistant/Associate Rector Morristown, NJ Featured Events General Convention 2018, P.J. Cabbiness says: Rector Albany, NY Rector Washington, DC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Associate Priest for Pastoral Care New York, NY New Berrigan Book With Episcopal Roots Cascade Books Course Director Jerusalem, Israel Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Lewis Rayburn says: October 22, 2017 at 7:14 pm “this” not “tis”. No pun intended. Lewis Rayburn says: Fr. Jody Howard says: October 22, 2017 at 7:10 pm 1.5 million to BEGIN to revise the BCP? Hopefully, tis is a typo… Associate Rector Columbus, GA President of the House of Deputies, October 25, 2017 at 11:13 am Don’t you dare cut Evangelism under any circumstances!Proclaiming the Gospel, as in actually making Disciples from people who are not disciples, is the Mission of the Church Jesus gave us. It’s one of the few outright and obvious commands given by our Lord to us. We have to seek conversions. We have to tell all nations that Jesus is the Risen Lord. We have to Baptize all people on earth. This is silly, shortsighted, ridiculous, pointless. What else is the Church? A social club? An ethics/moral department of state? A mere community organizer? What in blazes to do you think the early Christians died for? How do you expect the Church to be the Church with such little emphasis on the one command Jesus gave us before his ascension?Stop funding a completely unnecessary BCP revision, drop all lawsuits to stop paying lawyers, reduce funds for other charity projects, stop being concerned with having lobbyists to DC or the UN, and do what needs to be done to focus on going into all the world making disciples by Baptizing them in the name of the Father, Son, and Holy Spirit, or stop wasting our time claiming to follow Jesus. Rector Martinsville, VA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Lewis Rayburn says: Featured Jobs & Calls Presiding Bishop Michael Curry, October 25, 2017 at 1:46 pm Amen to Fr. Evans’ comment. I’m befuddled by just how stuck in institutional thinking we are. It’s like a dying body pulling all the blood into the trunk and letting the limbs wither away… except in the church, everything is supposed to be pushed to the edges, and there are items far less central to the mission of the church than evangelism and church planting being funded at higher levels. It’s absurd. Grow the church, plant new congregations and schools that aren’t ashamed of being either Episcopalian or Christian, and then maybe we’d have the foundation to face down some real systemic issues in our culture. Until we do that, we should be prepared to just become more and more irrelevant. Curate Diocese of Nebraska Rector/Priest in Charge (PT) Lisbon, ME Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Executive Council October 2017, Rector and Chaplain Eugene, OR Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Submit a Press Release Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Tags Director of Administration & Finance Atlanta, GA center_img Priest-in-Charge Lebanon, OH Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Hopkinsville, KY Rector Collierville, TN Missioner for Disaster Resilience Sacramento, CA Rector Bath, NC Executive Council, Executive Council ponders, debates next triennial General Convention budget Episcopal Church will soon have chance to comment on 2019-21 ‘working draft’ Submit an Event Listing By Mary Frances SchjonbergPosted Oct 21, 2017 Rector Smithfield, NC Bishop Diocesan Springfield, IL Rector Pittsburgh, PA Priest Associate or Director of Adult Ministries Greenville, SC Curate (Associate & Priest-in-Charge) Traverse City, MI Rector (FT or PT) Indian River, MI Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Assistant/Associate Priest Scottsdale, AZ Submit a Job Listing Canon for Family Ministry Jackson, MS Family Ministry Coordinator Baton Rouge, LA Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Program Budget & Finance Rector Belleville, IL Rector Tampa, FL Assistant/Associate Rector Washington, DC Rector Shreveport, LA October 22, 2017 at 9:18 pm Jesus was able to feed the 5000 because of his divinity from which the miracle was derived. The Episcopal Church needs to drastically reduce its operating costs to an amount less than its projected income. The one thing the progressives cannot change is basic math. Comments are closed. Associate Rector for Family Ministries Anchorage, AK This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Fr. J. Wesley Evans says: AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Knoxville, TN October 22, 2017 at 7:15 pm Sorry, “this” not “tis” Comments (6) Oklahoma Bishop Ed Konieczny speaks during a break in the Executive Council meeting Oct. 19 with Tess Judge (center), chair of council’s Joint Standing Committee on Finances for Mission, and committee member the Rev. Mally Lloyd. Photo: Mary Frances Schjonberg/Episcopal News Service[Episcopal News Service – Linthicum Heights, Maryland] The Episcopal Church’s Executive Council came face to face with the realities of the 2019-21 triennial budget during its fall meeting and pledged to share the burden of eventually bringing a balanced budget to 2018 meeting of General Convention.There is an $8 million deficit in the current “working draft” of a budget which will eventually need the approval of the 2018 meeting of General Convention, the Rev. Mally Lloyd, a member of council’s Joint Standing Committee on Finances for Mission told the council. The gap between anticipated revenue and the spending asked for by the churchwide staff and council’s joint standing committees stood at just more than $12 million when FFM began its work at this meeting.The gap comes even as anticipated income is nearly $3.7 million higher than that expected in the 2016-18 triennial budget. Major sources of income include dioceses, an investment income draw, income from renting out space in the Church Center in Manhattan and a planned “annual appeal” beginning in 2018.Expenses for 2019-21 assume a 3 percent annual increase in staff salaries over the three years and an annual 9 percent increase in staff health insurance costs.Lloyd led the council through the working draft, answered questions and heard pleas from some members to restore cuts already made. She acknowledged that council members all have line items that “are close to your heart” but she urged them to “think about the ministry of the whole and the work of the whole.”“We’re trying to juggle and balance all these different areas to make one whole reflection of the values, the theology and the love of the Episcopal Church,” she said.The budget is based on an anticipated $128.7 million in revenue, including $86.7 million in mandatory assessment payments of 15 percent of dioceses’ annual income. However, the current draft anticipates that some dioceses will get full or partial waivers of those payments, up to a “maximum possible” $6.8 million, according to Lloyd. The diocesan payments amount also assumes  .5 percent growth in those dioceses’ annual operating income. Thus, the likely diocesan contribution is pegged at $79.9 million.The Episcopal Church’s three-year budget is funded primarily by pledges from the church’s 109 dioceses and three regional areas. Each year’s annual giving in the three-year budget is based on a diocese’s income two years earlier, minus $150,000. For the 2016-18 budget, dioceses were asked to give 18 percent in 2016, 16.5 percent in 2017 and 15 percent in 2018.Diocesan commitments for 2016 and 2017 are here.Not all dioceses pay the full asking for a variety of reasons. Fifty-six dioceses committed to paying the full asking or more in 2017.At the 2015 meeting of General Convention, bishops and deputies made the current voluntary diocesan budgetary asking system mandatory for the 2019-21 budget cycle, effective Jan. 1, 2019. Without getting a waiver, a diocese that does not pay the full assessment will be unable to get grants or loans from the Domestic and Foreign Missionary Society.(The Domestic and Foreign Missionary Society is the name under which The Episcopal Church is incorporated, conducts business, and carries out mission.)Lloyd said additional income could be gleaned by increasing the percentage amount assessed to dioceses from the anticipated 15 percent to 16 percent. A 1 percent hike would bring in an additional roughly $5.8 million, she said. The council could press to have more dioceses pay the full assessment, regardless of the amount, she added.The working draft also includes a $4.6 million contingency fund, which General Convention’s  Joint Standing Committee on Program, Budget and Finance (PB&F) requested to help it deal with unexpected convention resolutions that request funding. As much as $1.5 million of that fund could go toward the costs of convention’s possible decision to begin to revise the Book of Common Prayer. Lloyd said the contingency fund could be reduced.She warned that the budget could not count on drawing money from the church’s short-term reserves, which she termed “dangerously low” at $2.3 million. That fund ought to have $9.5 million, Lloyd said.Evangelism advocates on council call for reconsiderationThe Rev. Susan Brown Snook, chair of council’s Joint Standing Committee on Local Ministry and Mission, told council that money for evangelism would be cut by 41 percent in this version of the budget. At the same time, the presiding bishop’s office budget would increase by 49 percent and governance costs would go up by 39 percent, she said.Snook sponsored Resolution D005 at General Convention in 2015 to set up a church-planting network and fellow council member, the Rev. Frank Logue convinced that same meeting of convention to add $2.8 million to the 2016-2018 budget for evangelism work.That latter allocation was funded from an additional .6 percent draw on investment income, making the current draw 5.67 percent. The church’s investment committee has asked that the next budget use a 4.5 percent draw, a request that Lloyd said FFM decided it could not honor without creating an even bigger deficit. The current working draft sets the draw at 5 percent.In the working draft, money for evangelism would go from the $5.9 million allocated in the 2016-18 budget to $3.5 million. Money for racial justice and reconciliation would remain roughly the same at $9.4 million and the creation care budget would go from $650,000 to $740,000.Evangelism efforts account for 2.6 percent of total expenses and cost for the church’s stated three current priorities of evangelism, racial justice and reconciliation and creation care account for less than 10 percent of the budget, Snook said.“We do not need to be a church in decline anymore,” she said. “We need to be a church that goes out boldly.”The Very Rev. Brian Baker, a FFM member, argued that the church’s recent effort to plant new churches is working. “This is the first time in my 27 years as a priest that the Episcopal Church is finally doing evangelism. We are planting new churches,” he said, noting that more than 50 new ministries had recently been started. “We got this seed money of a few million dollars to see if we could do it and we’re doing it.”The church planting efforts approved by the 2015 convention are “one of the solutions to the dire statistics that we’re always faced with,” Baker said. “I’m asking all of the other committees to look at your budgets and see how can we support this piece of what the Episcopal Church has been trying to solve for so long.”Council then met in executive session to discuss the draft for nearly an hour.“That executive session was really important, helpful, forward-thinking, a positive, honest conversation that can help us move forward,” Presiding Bishop Michael Curry said when council reconvened. “We’ve got decisions to make but we are going to make good decisions and we’re going to make them together. This council made a commitment that we’re all in this together.”Curry said he told council members during their closed session that Jesus fed the 5,000 because “they all worked together and everybody ate, and that’s the attitude [with which] we’re going into this budget.”He stressed that the current version is an unfinished working document. “So, when it goes out there, you almost have to label it: ‘This is the innards of the sausage,’ ” he said.General Convention Executive Officer the Rev. Michael Barlowe, left, and the Rev. Gay Clark Jennings, president of the House of Deputies and Executive Council vice chair, listen as Presiding Bishop Michael Curry makes a point during a news conference held after the Executive Council concluded its Oct. 18-21 meeting. Photo: Mary Frances Schjonberg/Episcopal News ServiceCurry noted during a news conference after the meeting ended that FFM had already managed to add back about $300,000 into evangelism programs, acknowledging that the move “doesn’t get it up to the previous level.” He also said that there is more evangelism work funded in the budget “than what is just technically there under evangelism” line items.The Rev. Gay Clark Jennings, president of the House of Deputies and Executive Council vice chair, noted that the current version of the budget adds $800,000 to the presiding bishop office budget for the bishop of the Navajoland Area Mission to relieve that person of some fund-raising obligations and so that more attention can be paid to building up the church in that area.General Convention Executive Officer the Rev. Michael Barlowe suggested that a move council took on Oct. 21, while not slotted into the 2019-21 budget, was an example of the council’s investment in evangelism.Council agreed to aid the Episcopal Diocese of San Joaquin by forgiving $6.8 million in loans and accrued interest. In return, the diocese will pay the DFMS $1 million by the end of the year; fund the cost of remaining property litigation along with all costs of repair, lease termination and maintenance of recovered properties, including the costs of selling any of them; and fully pay the costs of having a bishop. The diocese also agreed to begin paying its full assessment in 2019.It has been nearly 10 years since the then-leaders of Central California Valley diocese voted to disaffiliate with the Episcopal Church over the ordination of women and gay clergy and issues of biblical authority. Barlowe said the church first tried to reconcile with the people who left and later turned to litigation to recover church property.Council member Russ Randle, while earlier presenting the loan forgiveness resolution, said Episcopalians “faithfully persevered” through what turned out to be nearly a decade of eventually successful property litigation. There are now 25 properties that will be sold and 21 “viable” congregations, he said, but the latter are struggling financially. There are two paid full-time clergy in the diocese, along with retired clergy and clergy who work full-time but earn part-time salaries. Randle called the loan forgiveness a “significant investment in this diocese.”Next budget stepsAs Curry and FFM members stressed, the budget is far from final. PB&F convened on the evening of Oct. 21 at the Maritime Institute Conference Center, where council has been meeting, to discuss the working draft and the budget process.Soon after PB&F’s meeting concludes on Oct. 23, FFM will release the working draft budget to the church along with a narrative to explain its assumptions and construction. It will be posted on the General Convention Office’s website.FFM will revise the budget based on comments from council members, PB&F and the wider church, and have a final draft budget ready for council’s consideration during its Jan. 22-24, 2018 meeting.According to the joint rules of General Convention (II.10.c.ii), council must give its draft budget to PB&F no less than four months before the start of General Convention (essentially by February of convention year). PB&F will meet next from Feb. 5-7, 2018, to begin work on that draft budget.PB&F uses the draft budget and any legislation passed by or being considered by General Convention to create a final budget proposal. That budget must be presented to a joint session of the houses of Bishops and Deputies no later than the third day before convention’s scheduled adjournment. According to the draft convention schedule, that presentation is set to take place at 10:30 p.m. CDT on July 11.Presiding Bishop Michael Curry blesses Pastor Stephen Herr during what was his last Executive Council meeting as the representative from the Evangelical Lutheran Church in America. Herr had just received a certificate of appreciation from the General Convention. Photo: Mary Frances Schjonberg/Episcopal News ServiceThe two houses then debate and vote on the budget separately. Both houses must approve the same version of the budget, which takes effect at the beginning of 2019.Executive Council crafts annual budgets out of the spending plan that General Convention passes as the triennial budget. Typically, council adjusts each of the three annual budgets based on changing income and expenses. Council did just that on Oct. 21, adjusting the 2018 part of the 2016-2018 triennial budget to reflect an increase in expenses of about $3 million and increased income of about the same amount.A summary of resolutions council passed at this meeting is here.Some council members tweeted from the meeting using #ExCoun.The Executive Council carries out the programs and policies adopted by the General Convention, according to Canon I.4 (1). The council comprises 38 members – 20 of whom (four bishops, four priests or deacons, and 12 laypeople) are elected by General Convention and 18 (one clergy and one layperson) by the nine provincial synods for six-year terms – plus the presiding bishop and the president of the House of Deputies. In addition, the vice president of the House of Deputies, secretary, chief operating officer, treasurer and chief financial officer have seats and voice but no vote.— The Rev. Mary Frances Schjonberg is interim managing editor of the Episcopal News Service. Cathedral Dean Boise, ID Director of Music Morristown, NJ last_img read more

Jamie Roberts admits that Wales face a tough challenge at the World Cup

Posted On Jun 18 2021 by

first_imgTuesday Sep 8, 2015 Jamie Roberts admits that Wales face a tough challenge at the World Cup After a tough few days for Welsh rugby, with star fullback Leigh Halfpenny and scrumhalf Rhys Webb both ruled out of the World Cup with injury, centre Jamie Roberts admits his side face a big challenge to get out of the group stage at the tournament.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Rugby World Cup , Wales Related Articles 25 WEEKS AGO If you can get your head around it, these… 47 WEEKS AGO You’ve never seen any Rugby World Cup drop… 49 WEEKS AGO TOP 10: Rugby World Cup 2015 was filled with… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

GD House / INOUTarchitettura

Posted On Jun 17 2021 by

first_imgCopyAbout this officeINOUTarchitetturaOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBardovciHousesRepublic ofMacedoniaPublished on October 07, 2013Cite: “GD House / INOUTarchitettura” 07 Oct 2013. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MGlass Finish – FASARA™ GeometricShower ColumnshansgroheShoulder ShowersPanels / Prefabricated AssembliesMorin Corp.Metal Wall Systems – ExposedStonesCosentinoSurfaces – Dekton® Stonika SeriesConcrete FloorsSikaIndustrial Floor CoatingsHanging LampsLouis PoulsenPendant Lights – KeglenDoorsSky-FrameInsulated Sliding Doors – Sky-Frame SlopeThermalSchöckMinimizing Thermal Bridges in BalconiesWindowspanoramah!®ah! Ultra MinimalistEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWork ChairsDynamobelWork Chair – SLAT 16More products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream GD House / INOUTarchitettura Houses CopyClient:Georgi DimitrovCollaborators:Dejan Paskalov, Ljubica Budimovska, Blagoja DimitrievmskiProject Leader:Mario Benedetto AssisiCity:BardovciCountry:MacedoniaMore SpecsLess SpecsSave this picture!Courtesy of INOUTarchitetturaRecommended ProductsDoorsSky-FrameInsulated Sliding Doors – Sky-Frame ArcDoorsLonghiDoor – HeadlineLightsVibiaCeiling Lights – BIGDoorsGorter HatchesRoof Hatch – RHT AluminiumText description provided by the architects. GD house is located in a prestigious neighborhood of single family houses near Skopje. Its concept was defined by the conditions of the site and the program, requested by a couple with two children. It contains: a parking garage, a main house (with 3 bedrooms, a living room and a dining room, a studio, a closed kitchen and a big library), a swimming pool and a guest apartment (with a small fitness area). Save this picture!Courtesy of INOUTarchitettura1. The site The site is approximately 2000 m2. It is a sort of rectangle with 40m on one side and 50m on the other, surrounded with ugly architecture. One of the main issues was organizing the plot in a way to form an introvert world secluded from the surroundings. It was decided to place the volumes (built and vegetation), along the perimeter, creating a big courtyard in the middle, to which the main functions of the house open. In the north and the west side it was positioned the house program; the south and east side become a mirror image of vegetation volumes enclosing the courtyard. Each side of the house offers a different level of privacy and relation to the outside space. Save this picture!Courtesy of INOUTarchitettura2. The architectural layoutAs a sort of landscape, the architectural layout is generated by a serious of bands with east-west direction. Different ceiling heights characterize the various ambients of the house. Starting from the north: – The first band contains the main entrances, the pedestrian path and the car ramp leading to the underground parking garage. – The second band contains a big library and the main path distributing the various ambient of the house (it functions as a thermic buffer from the cold air of the north) – The third band with two different heights, emphasizes the distinction of the night zone from the day zone. – The fourth band is a big open terrace framing the courtyard. – The fifth band is the guest house. Two closed volumes complete the composition: the kitchen box and the open-air fireplace. Save this picture!Courtesy of INOUTarchitettura3. The Materials The materials that are used are part of the Macedonian local culture and consolidated building techniques. It was decided to use row concrete as a reference to the Macedonian most brilliant period in modern architecture, made by Kenzo Tange (after the terrible earthquake in the 1963) and the architecture of its Macedonian followers. It’s the material that distinguishes as form other European capitals and still constitutes our urban landscape. The concrete has been cast on site, revealing a sedimental character of the material. The house’s outside appearance is enigmatic, entirely different from the houses in the neighborhood. The closed cubic forms with a street facade made of row casted concrete reveal nothing of the luxurious world inside. Only by entering the house, through the heavy wooden gate, one gets into an entirely different inner world – an oasis of tranquility, a living space that is generous and open, where inside and outside merge into each other. Save this picture!Floor PlanProject gallerySee allShow lessTales Pavilion / Luca NichettoSelected ProjectsIf Skyscrapers Predict Crises, What Do “Donuts” Tell Us?Architecture News Share “COPY” Projects “COPY” Photographs:  Courtesy of INOUTarchitettura+ 22 Share Macedonia ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/434992/gd-house-inoutarchitettura Clipboard Area:  2000 m² Area:  2000 m² Photographs Architects: INOUTarchitettura Area Area of this architecture project ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/434992/gd-house-inoutarchitettura Clipboard GD House / INOUTarchitetturaSave this projectSaveGD House / INOUTarchitetturaSave this picture!Courtesy of INOUTarchitetturaHouses•Bardovci, Macedonialast_img read more

Cielo Mar Residence / Barnes Coy Architects + SARCO Architects

Posted On Jun 17 2021 by

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/799133/cielo-mar-residence-barnes-coy-architects-plus-sarco-architects Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/799133/cielo-mar-residence-barnes-coy-architects-plus-sarco-architects Clipboard Houses CopyHouses•Costa Rica Cielo Mar Residence / Barnes Coy Architects + SARCO Architects CopyAbout this officeBarnes Coy ArchitectsOfficeFollowProductsWoodStone#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesCosta RicaPublished on November 14, 2016Cite: “Cielo Mar Residence / Barnes Coy Architects + SARCO Architects” [Cielo Mar Residence / Barnes Coy Architects] 14 Nov 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic RoyalSystems / Prefabricated PanelsKalwall®Translucent WalkwaysPanels / Prefabricated AssembliesIsland Exterior FabricatorsSpecialty Facade SystemsLightsLouis PoulsenLamps – LP Slim BoxWoodBruagAcoustic Panels with LEDTiles / Mosaic / GresiteHisbalitMosaic Tiles – Palm SpringsMineral / Organic PaintsKEIMBlack Concrete – Concretal®-BlackSuspension SystemsMetawellAluminum Panels for Smart CeilingsDoorsGorter HatchesFloor Door – Fire RatedBricksDEPPEWaterstruck Bricks – 1622/1635ekws DFMore products »Save想阅读文章的中文版本吗?海天别墅 / Barnes Coy Architects + SARCO Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Manufacturers: Lutron, Bosch, Carrier, Duravit, FSB, GAF, Miton Cucine, SONOS, Viking, Viking Range, Walker Zanger, EUROMATArchitect In Charge:Barnes Coy ArchitectsStructural Design:Heriel S.A.Electric Design:Circuito S.A.Installations:TermoaireLightning Design:PATDO Light StudioLandscape Design:Bryan CarlsonCountry:Costa RicaMore SpecsLess SpecsSave this picture!© Paul DomzalRecommended ProductsDoorsGorter HatchesRoof Hatch – RHT AluminiumWindowsOTTOSTUMM | MOGSWindow Systems – BronzoFinestra B40WindowsRodecaAluminium WindowsWoodGustafsWood Veneered Wall & Ceiling PanelsSave this picture!© Paul DomzalText description provided by the architects. The Cielo Mar residence is a collaboration project between NY-based firm Barnes Coy Architects, who created the original concept & design of the home, and SARCO Architects Costa Rica who performed the design development, final plans and construction management of the project.Save this picture!© Paul DomzalThe home is a three-story upside-down design, created on a bluff with a sharp slope at the end facing the ocean.  The home appears from the road as a simple, one-story structure with a sloping and curving wall, and really hides the rest of the home dug into the hillside.  The main level of the home is done in the middle level, where all social spaces, outdoor areas, master bedroom and pool are all located.  In the lower level the home houses additional guest rooms, a gym and a media room.Save this picture!© Paul DomzalThe shape of the home was inspired on a bow-and-arrow idea, with a concentric shape housing the main social area, and some bedrooms on the opposite end, which represent the bow. The arrow is represented by an entrance canopy that continues outward as a cantilevered steel bridge over the swimming pool.Save this picture!© Paul DomzalThe bridge became the central element of the outdoor space, under which was created a space for outdoor dining, used by the family and guests throughout the year except when it rains.  The bridge also provided the structure from which to attach retractable shading, created by the use of boat sails full with sailing hardware to retract the sails in and out.  When furled up, the sails are neatly tucked away in their rollers attached to the underside of the bridge.Save this picture!© Paul DomzalSave this picture!© Paul DomzalThe exteriors of the home are modern, natural and muted at the same time, with accents of color in the exposed steel structural elements.  Extensive deck areas are done in natural Ipé wood from Brazil, with the swimming pool was finished in volcanic stone.  Exterior volumes are comprised of either glass curtain walls done in wood-framed window system, the kitchen & bar box clad in Porcelain tiles to replicate cor-ten steel, and the “Bento Box” at the other end clad in Ipé wood siding.  All exterior railings are custom-fabrication 316 Stainless Steel with stainless braided wire for horizontals.Save this picture!© Paul DomzalThis home was a massive construction and engineering undertaking done by SARCO Architects in many aspects.  The swimming pool, for example is of varying depth with 9ft. depth at the deepest end, and still this is elevated around 7ft. off the ground.  The structural anchoring of the pool to prevent from failure during earthquakes included 3 massive 10X10X10ft reinforced concrete anchors dug into the rock hillside, with reinforced concrete beams attaching the anchors to the pool’s floor structure.  The engineering ingenuity and safety measures were all in good measure, as in late 2012 the home went through a 7.6-Richter Scale earthquake whose epicenter was around 60 miles away from the home, with no damages.Save this picture!© Paul DomzalThe steel bridge was manufactured off-site in two sections and trucked to the site to be hoisted in place by two cranes and welded on site to the inverted-A steel support.  The bridge cantilevers a total of 29ft from this point, aided by 1-inch thick solid stainless-steel bar tensioners to both sides of the support.Save this picture!© Paul DomzalThe entire home was fitted with first-generation LED lighting, design led by NY-based Gary Novasel at PATDO Light Studio.  At the time this was the first full LED-equipped home in Costa Rica.Save this picture!© Paul DomzalProject gallerySee allShow lessWatch Bjarke Ingels Take You on a 360 Degree Virtual Tour of BIG’s VIA 57 WestVideosNeva Towers Multifunctional Estate / HOK + FXFOWLE + SPEECHUnbuilt Project Share Save this picture!© Paul Domzal+ 22 Share Area:  1995 m² Manufacturers Brands with products used in this architecture project center_img Costa Rica “COPY” “COPY” Architects: Barnes Coy Architects Area Area of this architecture project ArchDaily Cielo Mar Residence / Barnes Coy Architects + SARCO ArchitectsSave this projectSaveCielo Mar Residence / Barnes Coy Architects + SARCO Architects Projectslast_img read more

Charity awards revealed by NICVA

Posted On Jun 16 2021 by

first_imgCharity awards revealed by NICVA The Large charity category was won by Banbridge-based Gordons Chemists for its financial and practical support for Ulster Cancer Foundation’s Pink Link breast cancer awareness campaign and its Care in the Sun promotion to highlight the danger of sunburn.Bank of Ireland held a vote of all staff to decide its charity of the year and Childline won by a huge majority. They agreed an ambitious target of raising £90,000 but broke the barrier and went on to collect £110,000. In return for a lot of rubbish, RFD Beaufort took the small charity award. The Dunmurray company sorts and saves waste material every week and gives it to Play Resource which recycles it and passes it on to children’s projects and playgroups all over Northern Ireland for play and education. Some of the waste has been turned into artwork which is presented back to the company.Link has an award for innovation which went this year to Marks and Spencer, nominated by Gingerbread. It has developed a special programme of training and work experience in its stores for lone parents, helping them to take a step into employment. 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 GoodJobs.org.uk. Researching massive growth in giving.  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img BJM, a firm of Chartered Accountants in Gordon Street, Belfast, has won the main Link award 2006 for its work with SPEAC (Special Provision for the Education of Autistic Children). The Link Awards are organised by the Northern Ireland Council for Voluntary Action to recognise support for the charity sector. The Link awards were set up to recognise and promote good partnerships between charities and the business sector. Since then the charity Oscars have expanded to take in statutory bodies, schools, colleges, clubs and societies.Overall winner BJM has a special interest in autism because managing partner, Brendan McGinn’s child has the condition. He paid for help for his own child but was inspired to help others who could not afford it. Mr McGinn has been the main driver in raising £160,000 to provide extra resources for a special centre run by the South Eastern Education and Library Board at Tor Bank. Advertisement Tagged with: Ireland Howard Lake | 2 October 2006 | Newslast_img read more

RSPCA reviews its fundraising products with Moving Thinking

Posted On Jun 16 2021 by

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Animal welfare charity the RSPCA is reviewing its entire fundraising portfolio with the support of marketing consultancy Moving Thinking. The charity wants to make sure it has the right fundraising products to meet existing and new supporters’ expectations.Moving Thinking will be analysing RSPCA‘s fundraising audiences, its existing and proposed offers, identifying gaps, and proposing new approaches across fundraising disciplines.Mark Cook, founder and director of Moving Thinking said: “It’s really good to see the RSPCA looking to apply such rigour to answering their big strategic questions. And it’s great to be working with them again. The process we’re building is highly collaborative and flexible, so the RSPCA team will be have the tools to make informed decisions about their product portfolio for many years to come.”Moving Thinking was set up earlier this year by Mark Cook, formally Planning Director at Whitewater.www.movingthinking.com Howard Lake | 4 October 2011 | News RSPCA reviews its fundraising products with Moving Thinking  38 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Consulting & Agencies Individual giving 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 GoodJobs.org.uk. Researching massive growth in giving.last_img read more