AIA to raise $17.9bn with IPO

first_img Show Comments ▼ whatsapp whatsapp AIA, the Asian life insurance arm of American International Group Inc, raised $17.9 billion (£11.4bn) by pricing its Hong Kong IPO at the top of an indicated range, sources said, due to heavy demand for one of Asia’s best known industry brands.The pricing of the IPO, set to be the world’s third biggest, puts an end to an AIG saga. Its bid to sell AIA started roughly two years ago and has included two auction attempts and two floatation efforts.AIG will use the IPO proceeds to pay back part of the U.S. bail out it received during the 2008 financial crisis – a rescue package that ballooned to a whopping $182.3bn.The IPO will value AIA at $30.5bn at the top end, with AIG holding a 41.6 per cent stake that will drop to 33 percent if the green-shoe option is exercised in full.The offering by AIA, which operates in 15 markets in Asia, comes amid a boom in Asian IPOs, with offerings zipping through stock exchanges throughout the region.“It’s more or less fully valued after the shares were sold at the top end,” said Francis Lun, general manager with Fulbright Securities. “Still one could expect a five per cent upside on debut.”AIA sold 5.86bn secondary shares at HK$19.68 each, sources with direct knowledge of the matter told Reuters.The sources declined to be identified as AIG was yet to make the decision public. An AIA spokeswoman was not available for an immediate comment.AIA also exercised the upsize option to sell an additional 1.17bn secondary shares, due to strong demand from investors, the sources said.AIA’s unique position as the only listed life insurer with a wide foot print in the rapidly growing Asia-Pacific region is a big draw for investors, fund managers said.Unlike many other foreign insurers, AIA has 100 per cent ownership of its entities in China, Indonesia, Malaysia, Thailand and Vietnam. AIA has more than 300,000 agents in Asia.“This is a cost effective way for IPO investors to ride China’s growth,” said Francis Gaskins, president of IPOdesktop.com in Marina del Rey, California.Asian IPOs raised about $90bn in the first three quarters of 2010, according to Thomson Reuters data, more than double the combined total from the United States, Europe, the Middle East and Africa. Friday 22 October 2010 2:39 am Share John Dunne by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times AIA to raise $17.9bn with IPO Tags: NULLlast_img read more

Micro Focus sees sales stall

first_img whatsapp Share whatsapp Micro Focus sees sales stall Tags: NULL Tuesday 15 February 2011 7:38 pm Show Comments ▼ Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap KCS-content BRITISH IT firm Micro Focus International lost some large deals in the US in its third quarter and said it would not be able to make up the shortfall, sending its shares plunging.The group said US government departments and major corporations on the east coast had scrapped deals to update applications running on mainframe computers.“We found Federal to be very hard going, principally around the budget debates which are going on,” chief executive Nigel Clifford said in a call with analysts yesterday.Some modernisation and upgrade projects for major US financial institutions had also fallen victim to changed spending priorities, he added. The warning sent shares in the company, which also has a software testing business, down as much as 38 per cent to a two-year low of 246p in morning trading, before recovering slightly to close at 291p.Micro Focus, which supports applications for Tesco and Boeing, downgraded its full-year forecasts after the third-quarter miss, with revenue for the year to the end of April now expected in the range $432m-442m and core earnings of between $159-$167, before a $14m-18m restructuring charge. The firm also warned in December it expected a flat second-half. last_img read more

Record crowd witnesses All Blacks in full flight as they crush USA

first_imgSunday Nov 2, 2014 Record crowd witnesses All Blacks in full flight as they crush USA A record crowd were on hand to watch a thrilling display of running rugby from the World Champion All Blacks, as they defeated the USA Eagles 74-6 in Chicago. As expected, it was one-way traffic, but great exposure for rugby in the the United States. There was plenty of hype and fanfare before of the match, which was ultimately a marketing exercise and a gentle warm-up for New Zealand ahead of their tour of the UK.While the Eagles looked good with ball in hand early on, once the All Blacks asserted their dominance up front, the missed tackles and lack of organisation showed, as the visitors ran riot. Twelve tries were scored in total as fans watched on in both horror and delight at what unfolded.The NBC commentary team were amusing, and full of praise for the ‘dreamteam’, who despite what they said about there being no such thing as an All Blacks second team, fielded an experimental starting fifteen that was a mixture of youth and experience.Sonny Bill Williams made his Test rugby return and scored two tries, while Dan Carter came off the bench in the second half. He threw a forward pass with his first touch, but then got into the swing of things and had a good thirty minutes, helping his side to a comfortable, one-sided victory.”When the boys were dominating up front like they were, it was awesome to just run off the back of that,” said Williams, who limped off with a hip injury but should recover for the rest of the tour. ”I’ve come back a bit raw but I’m just trying to improve each week.”Ultimately the game was a success despite the result. Over 61 500 fans packed Soldier Field, in what was a capacity crowd and the largest ever attendance for rugby in the USA. Those fans would have been disappointed to see their side rolled over so easily, but they knew what they were in for, and it will have been a great experience to watch the AB’s in such dominant mood.You can watch a full match replay (certain territories) via the same live feed link. Details hereWhat are your thoughts on the occasion, the USA side and the All Blacks combinations? Let us know in the comments belowADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… 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 TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe 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

Ophthalmic Drugs Market Size, Share & Trends Analysis Report 2021-2028: Strong Developmental Pipeline, Advancements…

first_img Twitter Pinterest TAGS  Twitter By Digital AIM Web Support – February 22, 2021 Ophthalmic Drugs Market Size, Share & Trends Analysis Report 2021-2028: Strong Developmental Pipeline, Advancements In Drug Delivery, Promising Investment Scenario – ResearchAndMarkets.com Facebook Local NewsBusinesscenter_img WhatsApp Facebook Pinterest WhatsApp DUBLIN–(BUSINESS WIRE)–Feb 22, 2021– The “Ophthalmic Drugs Market Size, Share & Trends Analysis Report by Disease (Dry Eye, Eye Allergy, Glaucoma, Eye Infection), by Drug Class, by Dosage Form, by Route Of Administration, by Product Type, by Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering. The global ophthalmic drugs market size is expected to reach USD 60.3 billion by 2028. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. An increase in the prevalence of eye-related disorders, such as presbyopia, macular degeneration, and diabetic retinopathy, is one of the major drivers of the market. According to the American Academy of Ophthalmology, over 2.71 million people in the U.S. were affected by Primary Open-angle Glaucoma (POAG) in 2011, and the number is estimated to reach 7.3 million by 2050. Moreover, due to COVID-19, it has become increasingly unsafe for individuals to touch their face several times a day, which is a known cause of transmission. Therefore, companies are developing long-acting, hands-free therapies to combat such challenges. For instance, in April 2020, Ocular Therapeutix, Inc. completed Phase III clinical trial to evaluate the safety and efficacy of DEXTENZA for allergic conjunctivitis. It is a hands-free therapy administered in the office setting as an intracanalicular insert. It is bioresorbable and designed to release the corticosteroid dexamethasone to the ocular surface, lasting 30 days. It is a one-time and long-acting therapy that can be useful during the COVID-19 crisis. Investors are increasingly funding companies to support the clinical development of novel treatments for eye diseases thereby fueling the market growth. For instance, in February 2019, Oyster Point Pharma, Inc. received USD 93 million series B financing from Invus Opportunities, Flying L Partners, New Enterprise Associates (NEA), Versant Ventures, and Vida Ventures. The company’s product candidates include OC-01 and OC-02 in a Phase 2b clinical trial. In addition, increasing development and approval of new laboratory methods is expected to boost the market growth. For instance, in July 2020, Quest Diagnostics received emergency Use Authorization (EUA) from the U.S. FDA for a laboratory technique that was developed for extracting viral RNA. This new technique was designed to expand the testing capacity of the Covid-19 molecular tests. Furthermore, key players in the market undertake various strategies to strengthen their product portfolios and offer diverse, technologically advanced, and innovative products. For instance, in September 2019, Alcon introduced iLUX Patient Care Kits to support practices in treating people with dry eyes in the U.S. Ophthalmic Drug Market Report HighlightsIn 2020, anti-VEGF agents dominated the market owing to high preference by ophthalmologists, enhanced tissue penetration, and rapid responsive rates.Retinal disorders was the fastest-growing disease segment in 2020 owing to an increase in the prevalence of age-related macular degeneration and diabetic retinopathy, technological advancements, and the rising strategic collaborations.The topical route of administration dominated the market in 2020 due to the high patient compliance, non-invasiveness, and self-administrability.The eye drops segment is estimated to witness the fastest growth over the forecast period due to impending launches of several ophthalmic solutions and suspensions in the near future and its direct drug delivery mechanism.North America dominated the market and accounted for the largest revenue share in 2020 owing to the rising consumer awareness, high disease burden, technological advancements, and proactive government measures. Key Topics Covered: Chapter 1 Methodology and Scope Chapter 2 Executive Summary Chapter 3 Ophthalmic Drugs Market Variables, Trends, & Scope Chapter 4 Ophthalmic Drugs Market: Segment Analysis, By Drug Class, 2017-2028 (USD Million) Chapter 5 Ophthalmic Drugs Market: Segment Analysis, By Disease, 2017-2028 (USD Million) Chapter 6 Ophthalmic Drugs Market: Segment Analysis, By Route of Administration, 2017-2028 (USD Million) Chapter 7 Ophthalmic Drugs Market: Segment Analysis, By Dosage Form, 2017-2028 (USD Million) Chapter 8 Ophthalmic Drugs Market: Segment Analysis, By Product Type, 2017-2028 (USD Million) Chapter 9 Ophthalmic Drugs Market: Segment Analysis, By Region, 2017-2028 (USD Million) Chapter 10 Ophthalmic Drugs Market-Competitive AnalysisAlconNovartis AgJohnson & Johnson Services, Inc.Bausch HealthMerck Sharp & Dohme Corp.Regeneron Pharmaceuticals, Inc.Coherus Biosciences, Inc.AllerganPfizer, Inc.Bayer AgSanten Pharmaceuticals Co. Ltd.Genetech, Inc. For more information about this report visit https://www.researchandmarkets.com/r/tkdw8x View source version on businesswire.com:https://www.businesswire.com/news/home/20210222005568/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: PHARMACEUTICAL HEALTH OPTICAL SOURCE: Research and Markets Copyright Business Wire 2021. PUB: 02/22/2021 09:34 AM/DISC: 02/22/2021 09:34 AM http://www.businesswire.com/news/home/20210222005568/enCopyright Business Wire 2021. Previous articleIn Israel and beyond, virus vaccines bring political powerNext articleJuniper Research: Smart Traffic Management to Significantly Reduce Congestion and Emissions; Saving Cities $277 Billion by 2025 Digital AIM Web Supportlast_img read more

Churchgoers celebrate Passover through Seder Meal

first_img By The Penny Hoarder Published 11:00 pm Friday, March 29, 2013 Book Nook to reopen “We who were without Him and strangers from him …we who were once far off…have been brought near by the blood of the Messiah,” Fraley said before the blessing of the wine, which was followed by the washing of hands which was symbolic of ministering to each other and ritual purification.”Everyone was invited to dine from the symbolic Seder Plate.“The parsley represents a new life out of death,” Fraley said. “The salt water in the cup represents the tears shed in Egypt because of the suffering. Tears were part of the redemption story of Egypt and tears will flow in the last days. Out of our suffering comes joy.”The breaking of the middle Matzah represented Jesus, broken for the World.“Look carefully at the Matzah,” Fraley said. “It is striped and pierced just as Jesus was striped, bruised and pierced in atonement for our sins.”At that time in the meal, the Cup of Deliverance was offered and the story of Exodus was told. The participants dipped a finger into their wine and put drops of wine on their plates. The drops of wine represented each of the 10 plagues that struck Egypt.Fraley explained the three symbols of Passover – Matzah, bitter herbs and shank bone.“No more Temple, no more sacrificial Lamb,” he said. “We as believers know that God Himself was our Passover. Only He could bring redemption and only if He became one of us in the flesh through water of a woman’s womb.“Since the Temple in Jerusalem no longer stands, lambs are no longer sacrificed at Passover. The shank bone remains to remind us of the sacrificial lamb.”The Matzah was dipped to represent great suffering and the leader at each table broke the Matzah and placed on it bits of the bitter herbs.“The eating the bitter herbs lets us remember the bitterness of slavery and the bitterness Jesus tasted for our redemption by agony, scourging and death,” Fraley said.He instructed the participants to put another small portion of the bitter herbs on the Matzah and place haroset on top of it.Fraley said haroset looks like the bricks the Israelites made for Pharaoh.“The sweetness of haroset reminds us of the hope we have in God and that the most bitter suffering and sin can be turned into something sweet and joyous because of Grace.”Fraley said there is no clear explanation about the roasted egg on the Seder Plate.“Some say it represents the sacrificial animal and some say it is symbolic of the distinction of the Temple,” he said.Following the dinner, which is a Feast unto the Lord, the leader at each table passed around the Afikomen and each person broke a piece, which represented the body of Christ “which is broken for you” and drank from the Third Cup, the Cup of Redemption.“Just as the blood of the lamb brought salvation to Egypt, so it is only the atoning blood of Messiah that can provide salvation for us,” Fraley said.The Fourth Cup, the Cup of Praise was raised in anticipation of the glorious future in God’s kingdom.“When we will drink the new cup with Jesus, as a symbol of this time, we drink the Fourth Cup, the Cup of Praise,” Fraley said. “Thank you for letting me be your guide through this special time and share in the Passover Meal on the special High Sabbath.” By Jaine Treadwell Churchgoers celebrate Passover through Seder Meal Plans underway for historic Pike County celebration The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Pike County Sheriff’s Office offering community child ID kits Remember America’s heroes on Memorial Day Skip Sponsored Content Rabbi Daniel Fraley, who presided over the Passover Seder Meal, said that the Seder Meal is the oldest religious rite still practiced in today’s world.“This rite is almost 3,500 years old,” Fraley said. “Jesus used the meal to reveal the New Covenant for the first time.“Passover gives us the basic understanding of the New Covenant, the Lord’s Table, the death of the Messiah and God’s end time judgments and redemption of the Earth through the blood of the Lamb.” You Might Like A ‘Long’ time of service Dr. Johnny Long was honored Thursday night in a musical tribute from the Troy University Symphony Band and the Pearl… read more Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe 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 InterestedOffensiveRepetitiveSubmitCancel Latest Stories Troy falls to No. 13 Clemson The Passover Seder Meal opened with the blowing of the Shofar and the preparing of hearts by the Passover-cleaning the leaven out.“Leaven is a symbol of sin,” Fraley said. “We take a moment of prayer to humble ourselves before the Lord and ask for His light to shine in our lives to reveal any hidden sin.”After lighting the Passover candles and welcoming Jesus into the presence of those who gathered, Fraley introduced the Four Cups – Sanctification, Deliverance, Redemption and Praise and Joy.In the presentation of the Cup of Sanctification, Fraley said that, as Gentile believers in Christ, there is cause to rejoice. Email the author Print Article Brundidge United Methodist Church hosted a Passover Seder Meal Thursday at the church with about 50 church members of all ages in attendance.For most of those who participated, it was their first Seder Meal and was a very meaningful learning experience.last_img read more

Police searching for missing Miami school district employee and mom of 2

first_imgThe @MGPDFL is requesting the public’s assistance in locating 41 year-old Kameela Russell, who has been missing since May 15th, 2019. If you have any information on her whereabouts, please contact the Miami Gardens PD at 305-474-6473. @nbc6 @wsvn @WPLGLocal10 @MiamiHerald pic.twitter.com/dQYC4D07Y9— Miami Gardens Police Dept. (@MGPDFL) May 17, 2019Miami Gardens authorities did not immediately provide more information on the case.Russell was last seen driving a 2014 black Audi A6 with license plate HBQJ20, according to police.Anyone with information is asked to call the Miami Gardens Police Department at 305-474-6473.Copyright © 2019, ABC Radio. All rights reserved. Miami Gardens Police Department(MIAMI) — Police are searching for a Miami school district employee and mother of two who has been missing for five days. Kameela Russell, 41, who works as a test chairperson at Miami Norland Senior High School, was last seen by her family on Wednesday in Miami Gardens, the Miami Gardens Police Department said.Russell, who is the mother of two daughters, ages six and 15, was supposed to pick up one of her children at a relative’s house on Wednesday, but never arrived, ABC Miami affiliate WPLG reported.“Kameela’s family is incredibly worried about her and we @MDCPS are praying for her swift and safe return,” Miami-Dade County Public Schools Superintendent Alberto Carvalho tweeted. “Please take a moment to look at her picture and call police if you have seen her.”last_img read more

NFL player files lawsuit against United saying he was sexually assaulted on a flight

first_imgMay 21, 2020 /Sports News – National NFL player files lawsuit against United saying he was sexually assaulted on a flight Written by Beau Lundcenter_img FacebookTwitterLinkedInEmailfstop123/iStockBy ELLA TORRES, ABC NEWS(NEWARK, N.J.) — An NFL player has sued United Airlines after he was allegedly sexually assaulted on a flight from Los Angeles to Newark, New Jersey.The player, who was not named, was flying home to New Jersey on Feb. 10 when the alleged incident occurred, according to the lawsuit. During the trip, a woman sitting next to him “continued to sexually assault and abuse [him],” the lawsuit states, including by grabbing his penis and groping his thigh.The woman also stroked her hand across his lap near his genitals, according to the lawsuit, which was filed Wednesday in Los Angeles County Superior Court.Aside from the alleged sexual assault, the lawsuit states that the NFL player was wearing a face mask to protect himself from COVID-19, but the woman accused of him of being sick, told him he was “frightening” and ripped off the mask.United Airlines issued a statement to ABC News, saying, “The safety and well-being of our customers is always our top priority. In this instance, the customer involved was moved to a different seat. Because litigation is now pending, we’re unable to provide further comment.”The player, who is black, was “fearful of the perception of being a male victim and the racial stigma of being a young African American male,” according to the lawsuit. At one point, he “patiently pleaded” with the woman, who is white, to stop and remove her hand, but she did not, according to the lawsuit.Another man, who was also not named in the lawsuit and identified only as John Doe 2, was traveling with the player at the time. That man saw the woman groping the player’s knees and thighs and alerted a flight attendant, however, no action was taken, according to the lawsuit.When the woman then allegedly grabbed the player’s genitals, the player stood up and said the woman was “touching” him before making his way to the rear of the plane to find a flight attendant.During that time, the woman moved seats to be closer to John Doe 2 and grabbed his leg and groin area, according to the lawsuit. A flight attendant then came over and asked, “Is this the same lady?” before the woman was moved to another row, the lawsuit states.The woman, whose identity remains unknown, admitted that she was drinking and had taken pills, according to the lawsuit.Both men were presented with $150 vouchers, however, lawyers for them say they were not properly protected even after complaining.The men were “put at unnecessary risk of harm and in many cases suffered and continue to suffer great pain of mind and body, shock, emotional distress, physical manifestations of emotional distress including depression, anxiety, humiliation, loss of enjoyment of life, and fear of flying and travel,” according to the lawsuit.“We bring this lawsuit with the hope that it will be one of the last of its kind,” the lawyers for the men said in a statement to ABC News. “Our wish would be that in the future no passengers’ multiple warnings and complaints to flight attendants, the onboard authority figures, will go unheeded until it’s too late and the damage has been done.”They are seeking punitive damages for multiple claims, including sexual assault, sexual battery, battery and negligence.The defendants in the lawsuit are United Airlines and multiple unnamed flight attendants.Copyright © 2020, ABC Audio. All rights reservedlast_img read more

USS Jacksonville enters Bremerton for inactivation

first_img US Navy’s Los Angeles-class fast-attack submarine USS Jacksonville (SSN 699) has reached her new homeport of Naval Base Kitsap-Bremerton where she is to be decommissioned and inactivated.The submarine arrived in Bremerton on December 11, completing her homeport change from Pearl Harbor, Hawaii. Jacksonville has been homeported in Hawaii since 2009.USS Jacksonville completed her most recent deployment August 10, 2017. The boat and crew spent 208 days at sea, steamed more than 48,000 nautical miles, and conducted maritime security operations and joint exercises with the Japanese Maritime Self-Defense Force and Indian navies. The crew also conducted various port calls to Bahrain, Guam, Oman, and Singapore.“I want to welcome USS Jacksonville to the beautiful Pacific Northwest,” said Capt. Michael Lewis, commander, Submarine Squadron 19. “We look forward to working with her over the next several months as they prepare to decommission.”The submarine is scheduled to be retired from the fleet in 2018.During the inactivation process, Puget Sound Naval Shipyard and Intermediate Maintenance Facility will de-fuel the submarine, with the hull retained in safe storage until decommissioning.Commissioned May 16, 1981, Jacksonville is named after the largest and most populous city in Florida, and is the first ship to bear the name. Back to overview,Home naval-today USS Jacksonville enters Bremerton for inactivation, dismantling View post tag: USS Jacksonville USS Jacksonville enters Bremerton for inactivation, dismantling Share this article View post tag: US Navy Authorities December 12, 2017 View post tag: Los Angeles-classlast_img read more

Students condemn failure to launch Orgreave inquiry

first_imgWadham College, OUSU and OULC have condemned Amber Rudd’s rejection of a public inquiry into the events at Orgreave in 1984.The Wadham Student Union motion, passed on Sunday, was proposed by Pete Morgan. It resolved to “write to the Home Secretary – simply and concisely – condemning her decision to reject any form of public inquiry into the actions of police at the Orgreave coking plant on the June 18 1984 during the miners’ strike of 1984-5 and calling for her to reconsider.”It continued, “Regardless of what the Home Secretary says, a judicial investigation into the military style policing used on that day is now long overdue and only a full public enquiry can adequately investigate this.”The Orgreave clashes took place between pickets and police at a miner’s strike near Sheffield in which campaigners say thev officers drafted in to police the picketing used excessive violence. There have also been allegations of fabrication by the authorities during subsequent investigation.Home Secretary Amber Rudd has claimed she is willing to appoint a lawyer next month to assess material relating to the violent clashes outside the Orgreave coking plant, but according to the times she does not want to push ahead with “something that could drag on for years”.OUSU have also passed a motion in their fortnightly OUSU council meeting on Wednesday to, “write a letter to the Home Secretary condemning her decision to reject a public inquiry into the actions of the police at the Orgreave coking plant.”Similarly, Oxford University Labour Club have passed a motion on condemning Amber Rudd’s refusal to launch an enquiry.This news comes after the conclusion of the two-year Hillsborough inquests which ruled in favour of the victims’ families. This has caused calls for an offi cial investigation at Orgreave to gain momentum.There were dozens of arrests and injuries at the trial but when 95 miners were prosecuted, their trials collapsed due to concerns over police evidence. Thousands of miners massed outside the Orgreave plant, met by around 6,000 police pulled from across the country.Lucas Bertholdi-Saad, president of Wadham Student Union told Cherwell, “I think Wadham students recognise the historic solidarity that exists between the students’ and trade union movements; it is very obvious in the police responseswherever we try and organise or demonstrate.“I am proud we passed this motion and I think it is timely with the home secretary’s rejection of an inquiry despite the 2015 IPCC report revealing evidence of major injustice.”However, Altair Brandon-Salmon, a Wadham undergraduate told Cherwell, “Setting aside the merits of having a judicidal inquiry into Orgreave, the passage of this motion exemplifi es the worst traits of the Wadham SU, indulging in the kind of left-wing virtue signalling and self-aggrandisement which has made it notorious across the unviersity, when its chief priority should be undergraduates’ welfare.”last_img read more

Press release: Leading tech companies support code to strengthen security of internet-connected devices

first_img Our National Cyber Security Strategy sets out our ambitious proposals to defend our people, deter our adversaries and develop our capabilities to ensure the UK remains the safest place to live and do business online. Tech companies like HP Inc. and Centrica Hive Ltd are helping us put in place the building blocks we need to transform the UK’s cyber security. I am proud to say the UK is leading the way internationally with our new Code of Practice, to deliver consumer devices and associated services that are Secure by Design. Tech companies HP Inc. and Centrica Hive Ltd are the first companies to sign up to commit to the code. The code will ensure that businesses continue to strengthen the cyber security of their products at the design stage. The UK is leading global efforts to strengthen the security of smart devices and products. As a global leader in connected technology, Samsung understands that privacy and security are of great importance to consumer trust in connected devices. We build market-leading cyber security into all our products and warmly welcome the Government’s desire to make connected devices as safe and secure as possible. We will continue to work with Government to develop these proposals and ensure the transformative potential of the Internet of Things is delivered safely for everyone. With the amount of connected devices we all use expanding, this world-leading Code of Practice couldn’t come at a more important time. This initiative is a key part of the Government’s five-year, £1.9 billion National Cyber Security Strategy which is making the UK the most secure place in the world to live and do business online.Notes to editorsThe Code of Practice for Consumer IoT Security was developed by DCMS in conjunction with the National Cyber Security Centre and with support from other Government departments, industry and academic partners. The project has been informed by an expert advisory group which included subject matter experts from industry, consumer organisations and academia.The Government’s Digital Strategy includes the aspiration for the UK to remain an international leader in the development and uptake of IoT. The Government’s actions include the funding of research and innovation in IoT, including through three-year £30 million IoT UK Programme.The Government’s Digital Charter is a rolling programme of work to agree norms and rules for the online world and put them into practice. In some cases this will be through shifting expectations of behaviour; in some we will need to agree new standards; and in others we may need to update our laws and regulations. Our starting point will be that we will have the same rights and expect the same behaviour online as we do offline.Domestically, Her Majesty’s Government Procurement, via Crown Commercial Service, will be adjusted to ensure future negotiations with suppliers of IoT products used by government departments will employ the Code to ensure the safety of such devicesHP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com/UK.Centrica Hive commits to ensure that all new devices, those designed and manufactured from 1st January 2021, will adhere to the 13 guidelines set out in the Code of Practice for Security in Consumer IoT Products.Centrica Hive began back in 2013 with their customers telling them they wanted comfort and convenience, and a thermostat they could control that was easy and simple to use. Today, with £500 million investment from parent company Centrica plc, the Hive range of connected products has grown its range and geographical market, into North America, Canada, UK, Ireland and most recently Italy, with more opportunities for global expansion.Hive focuses on making everyday life a little easier, freeing people up to spend time doing the things they love. The range of Hive products and services now incorporates a suite of products (including motion sensors, plugs, light bulbs and cameras) all controlled from a central home hub that Hive call their ecosystem. Designed to work together, to offer affordable, easy to use solutions and make a difference in people’s lives. The total number of Hive connected home customers has reached one million worldwide with over two million products sold.Code of PracticeTo make sure consumers are protected when using internet-connected devices and while manufacturers implement stronger security measures, Government and NCSC have worked closely with Information Commissioner’s Office, Get Safe Online, consumer groups, the British Retail Consortium and industry experts to develop consumer guidance on smart devices in the home. This work supports efforts by Action Fraud who highlight that consumers can report fraud or cyber crime to their organisation.The guidance Centrica Hive currently provides, advises consumers on how they can correctly set-up and configure their devices securely. Poorly secured devices can threaten individuals’ privacy, compromise their network security, their personal safety and could be exploited as part of large-scale cyber attacks. Recent high-profile breaches putting people’s data and security at risk include attacks on smart watches, CCTV cameras and childrens’ toys.To make sure consumers are protected when using internet-connected devices and while manufacturers implement stronger security measures, Government and NCSC have worked closely with consumer groups and industry to develop guidance on smart devices in the home.The new Code of Practice outlines thirteen guidelines that manufacturers of consumer devices should implement into their product’s design to keep consumers safe.This includes secure storage of personal data, regular software updates to make sure devices are protected against emerging security threats, no default passwords and making it easier for users to delete their personal data off the product.Dr Ian Levy, the NCSC’s Technical Director, said: The Government has also published a mapping document to make it easier for other manufacturers to follow in HP Inc.’s and Centrica Hive’s footsteps. Further work is underway to develop regulation that will strengthen the security of internet-connected consumer products.Implementing the Code of Practice can help organisations make sure that smart devices that process personal data are compliant with the stronger data protection laws which came into force in May. Failure to comply with the General Data Protection Regulations (GDPR) means firms could risk fines of up to £17 million or 4 percent of global turnover, for the most serious data breaches.Seb Chakraborty, Centrica Hive’s Chief Technology Officer, said: The NCSC is committed to empowering consumers to make informed decisions about security whether they’re buying a smartwatch, kettle or doll. We want retailers to only stock internet-connected devices that meet these principles, so that UK consumers can trust that the technology they bring into their homes will be properly supported throughout its lifetime. Alex Neill, Which? Managing Director of Home Products and Services, said: Cyber-crime has become an industry and IoT ‘endpoint’ devices increasingly constitute the frontline of cybersecurity. At HP, we are reinventing the state of the art in device security to address modern threats. Today we design our commercial products with security built-in not bolted on, not only designed to protect, but also to detect and self-heal from cyber-attacks. We are delighted to be joining forces with the UK Government in our shared ambition to raise the bar broadly in consumer IoT device security, starting with the connected printers we are all used to at home. Meeting the privacy and data protection expectations of our valued customers is a priority. We invest heavily in the security of our products and we are delighted to support Government in this global step forward, building strong security measures into devices at the point of design. Which? tests many internet-connected products and has already improved security on devices in more than 1 million UK homes including TVs, voice-activated assistants, smart thermostats, and wireless routers. We welcome the Government taking a lead in tackling the growing issue of security in internet-connected products. Manufacturers of these smart devices must now show they are taking security seriously and sign up to the Code to better protect consumers who use their products every day. Teg Dosanjh, Director of IOT, MDE & SmartThings, SAMSUNG, said: From smartwatches to children’s toys, internet-connected devices have positively impacted our lives but it is crucial they have the best possible security to keep us safe from invasions of privacy or cyber attacks. The UK is taking the lead globally on product safety and shifting the burden away from consumers having to secure their devices. The pledges by HP Inc. and Centrica Hive Ltd are a welcome first step but it is vital other manufacturers follow their lead to ensure strong security measures are built into everyday technology from the moment it is designed. George Brasher, HP Inc. UK managing director, said: Minister for Digital, Margot James, said: In a world first, government has published new measures to help manufacturers boost the security of internet-connected devices such as home alarm systems, fridges and toys.There are expected to be more than 420 million internet connected devices in use across the UK within the next three years and poorly secured devices such as virtual assistants, toys and smartwatches can leave people exposed to security issues and even large scale cyber attacks.To combat this, the Department for Digital, Culture, Media and Sport (DCMS) and the National Cyber Security Centre (NCSC) set out plans in a ‘Secure by Design’ review to embed security in the design process of new technology rather than bolt it on as an afterthought.As a result, a new Code of Practice has been developed with industry to improve the cyber security of devices, encourage innovation in new technologies and keep consumers safe.Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, David Lidington said:last_img read more