Free Webinar: Post-Production Workflows in 6K

first_imgAs the professional video production industry moves toward higher resolution shooting, how can you ensure that your workflow is bulletproof?[Above image from]An upcoming webinar by our friends at ProVideoCoalition will address one of the big challenges currently facing video pros, how high resolution video effects their post-production workflows. How should this footage (and large file sizes!) be managed in post? How can you ensure seamless editing of 4K and 6K video files? In what format/codec/frame size do you deliver the final video files?The free webinar from PVC will be on November 17th at 11 am PST and hosted by post-production engineer Jeff Brue, who recently worked as a post engineer on David Fincher’s Gone Girl.As many people now know, David Fincher has been a proponent of the use of advancing technology in film for many years now. His advocacy for digital film through the use of RED cameras is well documented. Continuing on this pursuant path of new technology, Fincher decided to have his newest film Gone Girl cut completely on Adobe Premiere CC.Fincher charged longtime collaborators Academy Award winning editor Kirk Baxter and assistant editor Tyler Nelson with editing Gone Girl in Premiere Pro CC. Kirk and Tyler quickly began to work closely with Post-Production Supervisor Peter Mavromates and Post-Production Engineer Jeff Brue, the main speaker in the PVC Webinar.To test this type of workflow Fincher and the post-production crew above ran a test run for a Calvin Klein ad in order to fully understand the workflow. You can see that ad below.Once this was done, Fincher and his team set out to find out what it would take to use this same workflow on a feature film project. PVC webinar speaker Jeff Brue was in charge of developing and designing the a storage system to handle the vast amounts of data produced from the 6K footage.Jeff Brue said in an article from the Adobe Premiere Pro Weblog, “Our goal was to get as many iterations as possible of the opticals and visual effects in a given period of time to make the story as strong as we could,” explains Brue. “The ask was for nothing less than perfection, which pushed us to do better. When it came down to it, Adobe Premiere Pro CC was faster than anything else in the market. That speed meant more iterations, more time to work on a shot, and more time to perfect an edit.”For the Webinar Jeff Brue along with PVC’s own Woody Woodhall will go over the production pipeline used on Gone Girl from the RED Dragon 6K footage to Adobe Premiere Pro CC and finally to the Intel Xeon HP Z Workstation’s that use NVIDIA Quadro GPU’s.If interested click the PVC ad above to register for the webinar or you can go to PVC’s website and register.Light Iron 6K DI DiaryFilmmakers and video pros working on large scale productions should be interested in a recent profile by Light Iron, digital intermediate specialists. In the following video Light Iron CEO, Michael Cioni, demonstrates a post production workflow for 6K RED footage. Loads of useful tips here:last_img read more

India to Raise Work Permit Issue With Canada, U.K.

first_imgIndia will raise its concerns over restrictions on the movement of foreign skilled workers for short-term duration work with Britain and Canada, as these curbs are affecting the Indian IT industry. Related Itemslast_img

Two injured in gas cylinder blast at a venue to be visited by UP CM

first_imgLucknow, Nov 30 (IANS) An hour before Uttar Pradesh Chief Minister Yogi Adityanath arrived in Gonda to inaugurate a wrestling championship, two persons were injured in a gas cylinder blast at the venue, police said. The incident took place at Nandinagar.The injured were labourers working at the event venue. One of them is in a critical condition, sources said. The injured sustained serious burns and were rushed to a nearby medical facility.An official told IANS that for the inauguration, the organizers had hired a team to inflate balloons.The accident took place as the two workers were inflating the balloons that were to be released at the inauguration of the sports event.A probe has been ordered as it was being viewed as a serious security lapse ahead of the Chief Minister’s arrival. –IANSmd/prslast_img read more

Lionel Messi must be more involved in second El Clasico, says Ernesto Valverde

first_imgBarcelona need to ensure Lionel Messi is more involved in Saturday’s La Liga ‘Clasico’ at Real Madrid than he was in Wednesday’s Copa del Rey semi-final second-leg victory over their arch-rivals, coach Ernesto Valverde said.Messi, all-time top scorer in the ‘Clasico’, was unusually quiet in his side’s 3-0 victory at the Santiago Bernabeu, a game in which Real had many more chances but Barca were more clinical.The Argentine has had fitness issues over the last month but bagged a hat-trick and notched an assist in the 4-2 win at Sevilla last weekend.”I think he is in good shape, very good shape. You always expect a lot of your players, Messi included,” Valverde told a news conference on Friday.”He always performs, even though in some games he performs less than in others. We have to play well in order for him to perform.”The coach gave an honest assessment of his side’s overall display in the Cup game, in which Barca had only four shots to Real’s 14.”It’s true that the other day there were spells when we did not play well, they kept arriving in our area and looked dangerous and we only created two or three chances. The aim is always to improve and create more chances,” he added.Barca, who have won seven of the last 10 La Liga titles, lead the standings with seven points over nearest challengers Atletico Madrid and hold a nine-point advantage over Real.”We are playing for points, it’s a different competition to Wednesday and it’s difficult to get the same result in two games in a row but we will try and win,” Valverde added.advertisement”It would give us a huge confidence boost and take more points from Madrid, who are a direct rival. On Wednesday we all saw how difficult it is to play there, but we’ll give it a go.”Real coach Santiago Solari, meanwhile, said his side are over the Cup defeat, and called for his players to be less wasteful.”We’re back on our feet again and are keen to take the points. We’ll play with the same enthusiasm and same spirit while trying to improve,” he said.”Every game is different. In the last game the ball should have gone in for us. Now we have a chance to make up for it and ensure the shots that didn’t go in the net then go in this time.”Also Watch:last_img read more

OSU’s Chances of Backdoor Playoff Getting Better, According To 538

first_imgAll of the things are happening. Mike Gundy’s mullet is a cape. Glenn Spencer’s defense is thriving. And the CFB Playoff back door has been propped open. As of Sunday, here are your four most-likely candidates to get into the CFB Playoffs, according to 538.screen-shot-2016-11-20-at-8-36-05-amOklahoma State is further down the list at 9 percent. Here’s how the next five look.screen-shot-2016-11-20-at-8-40-22-amI’m not sure why OU’s chances are so much better than Oklahoma State’s. Wait, yes I am. Regardless, this chart is about to change a lot. Washington plays Washington State next week. Ohio State plays Michigan. OU and OSU play the week after.So let’s shake things up and see what has to happen for us to get Oklahoma State at around 50/50 odds to get in the playoff. What if we punch in Michigan winning out, Washington losing to Washington State, Colorado losing to Utah and OSU winning Bedlam?[inhales deeply] OH YEAH THAT’S THE GOOD STUFF!screen-shot-2016-11-20-at-8-55-30-amNow if you take out the least likely of those scenarios — Colorado losing to Utah — OSU’s chances drop to 56 percent, still the best of the non-top three but also a lot more precarious.screen-shot-2016-11-20-at-8-47-17-amEven a simple Washington loss in Pullman coupled with a Bedlam win gives you a prayer.screen-shot-2016-11-20-at-9-03-21-amThe bottom line is that these last two weeks are going to be an absolute circus. Who should you root for? Probably realistically Washington State and Michigan. If those two win this upcoming week, the Bedlam winner will *probably* get in the CFB Playoff. And OSU badly needs Washington to lose. It also needs Michigan to win the Big 10 title. You don’t want Ohio State to win and bring itself, Penn State and Wisconsin all into the playoff mix.In this proposed Washington State/Michigan winning scenario you could still have a Colorado problem in which it is a 11-2 Pac-12 champion and could usurp the Sooners or Cowboys. So Utah winning next weekend would also be quite nice. Either Washington or Colorado winning out and taking the Pac-12 title would be real bad for OSU.screen-shot-2016-11-20-at-9-00-05-am screen-shot-2016-11-20-at-9-00-21-amSide note: If Michigan wins this weekend and a two-loss non-conference-winning Ohio State team gets in over a Big 12 champion in Oklahoma State, Mike Gundy would do snow angels on the turf at Boone Pickens Stadium until somebody airlifted him out of there and to safety.The best part of all of this? We don’t have to sweat it out next weekend.May the chaos be abundant.If you’re looking for the comments section, it has moved to our forum, The Chamber. You can go there to comment and holler about these articles, specifically in these threads. You can register for a free account right here and will need one to comment.If you’re wondering why we decided to do this, we wrote about that here. Thank you and cheers!last_img read more

Hazard ‘very pleased’ with first Madrid goal

first_imgReal Madrid star Eden Hazard was “very pleased” to open his account for the La Liga giants in their 1-0 friendly win against Salzburg. Hazard was the difference in the pre-season fixture at Salzburg, where he scored his first Madrid goal in sublime fashion on Wednesday. After arriving from Chelsea in a deal worth €100 million (£91m/$111m), Hazard curled a stunning effort past goalkeeper Cican Stankovic.  Article continues below Editors’ Picks Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Ox-rated! Dream night in Genk for Liverpool ace after injury nightmare Messi a man for all Champions League seasons – but will this really be Barcelona’s? “When you’re out on the pitch, you want to win the game and being a forward, you want to score goals,” said Hazard, who has shown flashes of his brilliance against Bayern Munich, Arsenal, Atletico Madrid, Tottenham and Fenerbahce. “I’d been waiting for this moment for the last five games and it’s happened today. I’m very pleased.   “It’s still pre-season, but I think we’ve got more energy now. We’ve still got another 10 days before our first competitive game so we have to focus and keep working hard.  “Our aim is to be ready for next week, we can’t wait to start La Liga so we’re training and practising hard.” Hazard’s arrival has headlined a busy off-season for Madrid, who have attempted to overhaul their side with the signings of Luka Jovic, Eder Militao, Rodrygo Goes, Ferland Mendy. Brazilian defender Eder, who arrived from Porto, made his debut for Madrid against Salzburg. The 21-year-old featured in a back three alongside captain Sergio Ramos and Raphael Varane before making way at half-time. “It’s a special feeling to play my first match for the best club in the world,” he said. “I’m very happy, but I still have lots to learn. Playing for Real Madrid has been a dream for me ever since I was very young. Thanks to God, I have the chance to be here and I was to enjoy this opportunity. “I hope I can have a wonderful career in this shirt. It’s an incredible feeling to be alongside the best defenders and fullbacks in world football.  “I hope I can help the team because these are fantastic players. I did what the coach asked of me and I hope things carry on in this vein.” Madrid will face Roma in a friendly fixture on Sunday before opening their La Liga campaign away to Celta Vigo on August 17.last_img read more

Alex Scott, David James & footballers who’ve been on Strictly Come Dancing

first_imgThe 17th series of BBC One’s Strictly Come Dancing will begin on Monday, August 26 with a red carpet launch, although a date is yet to be confirmed for when the first program will air.The Saturday evening staple has announced that former England international goalkeeper David James and women’s international star Alex Scott will be among the 15 celebrities battling it out to win the coveted Glitterball in 2019.There has been a long history of footballers taking part in the programme. Here are those who have blazed the trail for James and Scott – and how they performed. Article continues below Editors’ Picks Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Ox-rated! Dream night in Genk for Liverpool ace after injury nightmare Messi a man for all Champions League seasons – but will this really be Barcelona’s? Peter SchmeichelFormer Manchester United goalkeeper Peter Schmeichel was the first footballer to appear on the show in 2006. Paired with dancer Erin Boag, the Old Trafford legend was eliminated seventh out of the 14 celebrities to take part.Despite that respectable finish, Schmeichel only averaged a score of 24.7 per dance and twice finished as the lowest scorer, mustering a mere 19 points in the Samba and Pasodoble.The series was won by England cricketer Mark Ramprakash, while former England rugby player Matt Dawson was the runner-up. As such, Schmeichel came last in the three sportsmen who were involved.John BarnesIt was the turn of Liverpool and England legend John Barnes to take to the dancefloor in Series 5, which took place in 2007. He and partner Nicole Cutler lasted one week longer than Schmeichel as he was the eighth celebrity to be voted out, though he did survive longer than sports anchor Gabby Logan.Like Schmeichel, Barnes twice finished as the worst dancer, with American Smooth and Foxtrot proving to be his Achilles heel. However, his overall score of 27.1 was significantly higher than the former Red Devil.Musician Alesha Dixon won the overall prize.Peter ShiltonAfter a two-year hiatus without a footballer on the show, England goalkeeper Peter Shilton was given a call up in 2010 for Series 8, with Erin Boag his partner.He did not, however, prove as capable on the dancefloor as between the sticks as he lasted just three weeks before elimination, clocking up an average of just 20.3 points.He was not so bad as to be retained by viewers purely for entertainment purposes, like former politician Ann Widdecombe, who consistently ranked among the worst dancers but managed to finish sixth.Actress Kara Tointon won the show that year.Robbie SavageThe last footballer to go on the show was way back in Series 9, with former England footballer Robbie Savage, now better known as a pundit, teaming up with Ola Jordan.The ex-Wales international midfielder actually proved to be quite handy on the dancefloor as he finished sixth overall, making him the most successful former player to take part. That is borne out by the 27.2 points he averaged over the course of the series.McFly drummer Harry Judd was the overall winner.last_img read more

DMA Urges Shipowners to Prep for Wreck Removal Regulations

first_imgzoom With the upcoming entrance into force of the Nairobi International Convention on the Removal of Wrecks on 14th of April 2015, new regulations will be implemented affecting all signatory countries.Among several provisions, the Convention is aimed at placing financial responsibility for the removal of certain hazardous wrecks on shipowners, making insurance, or some other form of financial security, compulsory.The Danish Maritime Authority (DMA) said that the Convention’s implementation will set a new springtime course calling Danish companies and shipowners to prepare for new insurance and certification requirements.As explained, all Danish ships of or above 20 GT (gross tonnage) must take out insurance or other financial security to cover the owner’s liability in connection with the removal of wrecks. The ships must not engage in trade at all if such insurance or other financial security is not held. The regulations apply to all types of ships – not just merchant ships, but also fishing vessels, passenger ships and recreational craft.Large ships of or above 300 GT must carry a certificate on board, certifying that they have the required insurance/financial security. If such a certificate is not carried on board, the ships must not engage in trade and are at risk of being detained – this is so in Denmark, Bulgaria, Congo, Cook Islands, India, Iran, Malaysia, Marshall Islands, Morocco, Nigeria, Palau, Great Britain and Germany.The requirement to carry a certificate also applies to foreign ships of or above 300 GT calling at Danish ports or offshore installations in Danish territorial waters.“The Danish Maritime Authority urges all owners of Danish ships of or above 20 GT to make sure that they have taken out valid insurance to cover their liability in connection with the removal of wrecks before 14 April 2015,” DMA said.In addition, the Authority urged Danish shipowners with ships of or above 300 GT to forward applications for certificates to the DMA as soon as possible and well in advance of 14 April 2015 to avoid any problems.Denmark became the 10th country to ratify the convention, thereby triggering its entry into force exactly this April.Image: DMAlast_img read more

MOL Steps Further into Subsea Support Vessel Business

first_imgzoomImage Courtesy: MOL Japanese shipping company Mitsui O.S.K. Lines (MOL) is moving further into the subsea support vessel business as it decided to buy a stake in Norwegian AKOFS Offshore AS.As informed, MOL and Mitsui & Co have entered into a share purchase agreement to acquire shares in AKOFS Offshore AS, which is owned by Aker Group’s Akastor ASA.“After in-kind contribution of the company of owner and leasing the subsea support vessel, Skandi Santos, which MOL, Mitsui & Co., and AKOFS are jointly operating since November 2016, MOL’s acquisition amount will be about JPY 8 billion,” the company said.The move will enable MOL to become more involved in the operation and ship management of subsea support vessels, as explained by the company.AKOFS currently operates three subsea support vessels. Two of them, including the Skandi Santos, are chartered to the Brazilian state oil company Petróleo Brasileiro, while another is planned to be chartered by Equinor Energy AS.MOL said it anticipates stable demand and earnings in the subsea field and plans to get involved in every phase of subsea support vessel operations, from research of sea bed petroleum and gas fields to construction, maintenance, repair work, and removal, as the company strives to expand the business.Additionally, MOL, Mitsui & Co., Akastor and Aker have agreed to seek new opportunities to expand their collaboration based on a long-term perspective.last_img read more

Achieving AIDSfree generation possible with steppedup prevention – UN

30 November 2010Although 370,000 children are born with HIV each year, achieving an AIDS-free generation is possible if the world steps up efforts to provide universal access to prevention, treatment and social protection, according to a new United Nations report released today. Although 370,000 children are born with HIV each year, achieving an AIDS-free generation is possible if the world steps up efforts to provide universal access to prevention, treatment and social protection, according to a new United Nations report released today.But attaining this goal depends on reaching the most marginalized members of society, the report – Children and AIDS: Fifth Stocktaking Report 2010 – warns, noting that millions of women and children have fallen through the cracks due to inequities rooted in gender, economic status, geographical location, education level and social status.“To achieve an AIDS-free generation we need to do more to reach the hardest hit communities,” UN Children’s Fund (UNICEF) Executive Director Anthony Lake said in New York in launching the report, compiled jointly by his agency, the Joint UN Programme on HIV/AIDS (UNAIDS), the UN Educational, Scientific and Cultural Organization (UNESCO), the UN Population Fund (UNFPA) and the UN World Health Organization (WHO).“Every day, nearly 1,000 babies in sub-Saharan Africa are infected with HIV through mother-to-child transmission. Our Fifth Stocktaking Report on Children and AIDS highlights innovations like the Mother Baby Pack that can bring life-saving ARV (antiretroviral drugs) treatment to more mothers and their babies than ever before.” Such treatment prevents mother-to-child transmission (PMTCT). AIDS is one of the leading causes of death among women of reproductive age globally and a major cause of maternal mortality in countries with generalized epidemics. In sub-Saharan Africa, 9 per cent of maternal mortality is attributable to HIV and AIDS. “Around 370,000 children are born with HIV each year. Each one of these infections is preventable,” UNAIDS Executive Director Michel Sidibé said. “We have to stop mothers from dying and babies from becoming infected with HIV. That is why I have called for the virtual elimination of mother-to-child transmission by 2015.”WHO revised its guidelines earlier this year, to ensure quality PMTCT services for HIV-positive pregnant women and their infants. In low- and middle-income countries, 53 per cent of pregnant women living with HIV received ARVs to prevent mother-to-child transmission in 2009 compared to 45 per cent in 2008. One of the most significant increases occurred in eastern and southern Africa, where the proportion jumped 10 percentage points, from 58 per cent in 2008 to 68 per cent in 2009.“We have strong evidence that elimination of mother-to-child transmission is achievable,” WHO Director-General Margaret Chan said. “Achieving the goal will require much better prevention among women and mothers in the first place.”WHO also issued new ARV guidelines for treating infants and children, paving the way for many more children with HIV to be eligible for immediate antiretroviral treatment (ART). In low- and middle-income countries, the number of children under the age of 15 who received treatment rose from 275,300 in 2008 to 356,400 in 2009. This increase means that 28 per cent of the 1.27 million children estimated to be in need of ART receive it.Infants are particularly vulnerable to the effects of HIV, which has lent urgency to the global campaign for early infant diagnosis. While the availability of early infant diagnosis services has increased dramatically in many countries, global coverage still remains low, at only 6 per cent in 2009. Without treatment, about half of the infected infants die before their second birthday. In most parts of the world, new HIV infections are steadily falling or stabilizing. In 2001, an estimated 5.7 million young people aged 15–24 were living with HIV. At the end of 2009, that number fell to 5 million. However, in nine countries – all of them in southern Africa – at least 1 in 20 young people is living with HIV. Young women still shoulder the greater burden of infection, and in many countries women face their greatest risk of infection before age 25. Worldwide, more than 60 per cent of all young people living with HIV are female. In sub-Saharan Africa, that figure is nearly 70 per cent.“We need to address gender inequalities, including those that place women and girls at disproportionate risk to HIV and other adverse sexual and reproductive health outcomes,” UNESCO Director General Irina Bokova said. “While we are encouraged by a decline in HIV incidence among young people of more than 25 per cent in 15 key countries in sub-Saharan Africa between 2001 and 2009, we must do everything possible to sustain and increase such positive trends in order to achieve universal access to prevention, treatment, care and support.”Adolescents are still becoming infected with HIV because they have neither the knowledge nor the access to services to protect themselves. “We must increase investments in young people’s education and health, including sexual and reproductive health, to prevent HIV infections and advance social protection,” UNFPA Executive Director Thoraya Ahmed Obaid said. read more

Ban commends Colombia for law on reparation for victims of rights abuse

11 June 2011Secretary-General Ban Ki-moon has commended Colombia for enacting a law that seeks to compensate victims of human rights violations, injustice and deprivation in the South American country, saying the legislation is a fundamental step towards resolving the conflicts that Colombians have endured for decades. The Victims’ Rights and Land Restitution Law focuses on the rights of victims, rather than on how to deal with perpetrators and seeks to overcome obstacles that could have resulted in discrimination, Mr. Ban said when he attended the signing of the legislation into law by Colombian President Juan Manuel Santos Calderón in the country’s capital, Bogota, yesterday. The law reinforces the right to remedy for lands seized illegally and recognizes the different needs of different victims, especially women, children and displaced people. It lays the foundation for justice for some 3.5 million displaced people and estimated 500,000 victims of human rights abuse. ”This ambitious, complex piece of legislation has taken Colombia closer to realizing the rights of victims. But let us not overlook where it can be strengthened. I urge you to send a powerful message that under no circumstances will human rights violations be tolerated,” said the Secretary-General. Mr. Ban stressed that no one who had been subjected to human rights violations should be excluded from the benefits of the law, including members of illegal armed groups, and especially those who were recruited as children. The effectiveness of the land programme will also depend on adopting comprehensive protection measures. “The proper and timely implementation of this law will determine whether expectations raised are met,” said Mr. Ban. “The United Nations in Colombia stands ready to support your Government and civil society in this challenging task. It will be important for the Government to maintain close dialogue with victims and their representatives,” he added.In the Colombian city of Cartagena on Saturday the Secretary-General attended the signing of the “Prosperity Agreement” on development cooperation between UN and the Colombian authorities.“The context for our dialogue and cooperation is the United Nations Development Assistance Framework under which we are focusing on four areas – poverty reduction sustainable development governance and human rights and peace, security and reconciliation.“With your agreement, we are adding a fifth priority, namely humanitarian and emergency assistance,” said Mr. Ban. Those are the tools the UN use to help Colombia achieve the Millennium Development Goals (MDGs) and improve welfare for all its citizens, he added.Meanwhile, the Secretary-General yesterday met with María Emma Mejía, Secretary General of the Union of South American Nations (UNASUR).Mr. Ban congratulated Ms. Mejía on her appointment as UNASUR Secretary General and thanked her for UNASUR support for Haiti. He and Ms. Mejía discussed UNASUR’s plans and possible areas of collaboration. read more

Sirisena blames exSpeaker buying of MPs threat of violence for his actions

At that moment, as you know, those who talk about the majority today, were silent about that. Often, the custom is to appoint among the members of the Parliament, someone whom the President, in his opinion, can trust to get the support of the majority in accordance with the constitution. Following that appointment, the support of the majority is obtained in terms of the standing orders of the Parliament and in the Constitution of the country. However, in our Parliamentary tradition, there has been no occasion on which the majority support for a newly appointed Prime Minister has been tested by vote. Nothing of the sort happens under the standing orders. However, the second statement by Hon. Karu Jayasuriya violated those traditions. In his first statement, he accepted the appointment of Mr. Mahinda Rajapaksa as Prime Minister and stated that he would provide the rights and the privileges of the Prime Minister to him in the Parliament. That means, specially reserving the seat of the Prime Minister and the Office of the Prime Minister in the Parliament. His first press statement admitted this. However, his second statement was a complete deviation from it. In that he stated that he recognizes Mr. Ranil Wickremasinghe as the Prime Minister. I paid serious attention to this development. Members of Parliament from both sides issued various statements in media, that there would lead a big fight when the Parliament is convened on the 14th November. Some speculated that even death of some members would occur.It appeared to me that, if I allowed the Parliament to be convened on the 14th, without dissolving it, it could have brought about commotion and fights, in every city and every village would lead to very unpleasant and difficult situation for the average citizens of my beloved country.As such, the best solution was not to allow those 225 members in the Parliament to fight each other and allow that to develop into a street fights in every part of the country. It is my duty and the responsibility to take democracy to guide us, and create the situation for the fifteen million voters in this country take the ultimate decision by choosing their members to the Parliament through a free and fair election. As such, given the corrupt practices among Parliamentarians as well as the conduct of the Speaker, the best and fair solution to the political crisis that emerged was to allow the people decide in keeping with the principle of democracy. It was with that noble intention of upholding democracy that I dissolved the Parliament. I must state that a permanent and a clear solution to the current situation can be reached through a General Election. Our Parliamentary System began in 1947 after the end of the State Council System. Since then, the country was governed over the years with holding of elections and changing of governments. By the last week, in the highest institute that represents people’s supremacy to usher in a disciplined, ethical ad cultured society, the individual worth of Members of Parliament was estimated as Rs 100 million to Rs 150 million, and in one instance as high as Rs 500 million.We have experiences about several political crisis and changes in the past. I remember the political crisis due to the opposition to the Lake House Bill in 1964. The government was changed due to that. However, since 1947 we have not seen of dissolution of parliament due to issues of corruption. The Central Bank robbery after 2015, the involvement in various corrupt practices since then and finally the political crisis during the attempts to show the majority support after the appointing of Mr. Mahinda Rajapaksa as Prime Minister and the value placed on Members of Parliament as I mentioned earlier were extremely unfortunate developments. All of you will acknowledge what a tragical situation in politics when the value of the Members of Parliament, who were elected to represent the people, were commercially evaluated.That was one of the main reasons for the dissolution of the Parliament. The second reason was the most peculiar behavior of the former Speaker, Mr. Karu Jayasuriya. I am extremely sad about that. He is a good friend of mine. The Speakers of our Parliament since 1947, until now, traditionally conducted themselves in neutral and most impartial manner. I wish to state, that his behavior of disregarding Standing Orders and Parliamentary Conventions and attempting not to recognize the appointment of a Prime Minister by the President exercising his Presidential powers was the second reason for dissolving the Parliament. “It was with that noble intention of upholding democracy that I dissolved the Parliament. I must state that a permanent and a clear solution to the current situation can be reached through a General Election,” he said. President Maithripala Sirisena today blamed former Speaker Karu Jayasuriya, the allegations some Parliamentarians were being offered money to crossover and a threat of violence on November 14th for his decision to dissolve Parliament.In a special statement, the President said that given the corrupt practices among Parliamentarians as well as the conduct of the Speaker, the best and fair solution to the political crisis that emerged was to allow the people decide in keeping with the principle of democracy. Full statement: I must remind you here that, as we take the situation in to account politically, following my victory on 2015 January 08th, when I appointed Mr. Ranil Wickremasinghe as the Prime Minister on the very next day, he had the support of a mere 41 members in the Parliament, whereas the sitting Prime Minister D.M. Jayaratne had the support of 162 members in the Parliament. This is the third occasion in 14 days I am addressing you to explain recent developments. First, on October 26 I explained my views to you after appointing Mr. Mahinda Rajapaksa as Prime Minister.Then, at the meeting held at Ape Gama in Battaramulla on 5th November, I explained the political views to you. Today is the third occasion and significantly, this is the first time I address you after dissolving the Parliament. First, I must tell you the circumstances leading to the dissolution of the Parliament very briefly. The ultimate responsibility of holding the election rests with the elections commission. We need to extend our fullest support to the election commission. I humbly make the request from all those involved to extend their unwavering support to the elections commission, officers on election duty and the Tri-forces and the Police in their respective duties. We have chosen a new government. Now it is up to you to defeat the corrupt and elect clean Parliamentarians to represent you. I consider the decision uphold democracy by calling a general election is a welcome by all. The solution to many burning issues in the country such as the current high cost of living, achieving a prosperous economy, strengthening local industries, obtaining clean foreign investments, building a cultured and disciplined society, and strengthening democracy is to conduct an election and give the people the choice.For this, purpose we take our Motherland to a new path. In order to create an intellectual young generation suitable for the technologically advanced world, we take steps while preserving our heritage of customs, traditions, ethics and culture for the present generation as well as the future generations.Furthermore, you have an excellent opportunity now to elect intelligent and experienced representatives to govern. Hence, we give fullest support to the Gazette Notification on holding of General Elections and the steps taken by the Elections Commission accordingly. Here, I would like to remind you about one or two areas in which electoral laws have been violated in the past.Firstly it is essential to stop misuse of public assets for the electioneering of political parties or candidates. Use of state vehicles for election campaigns must be stopped. As you are aware, during the former government as well as during the current interim government, the Ministries were provided with vehicles for the use of Members of Parliament. Today, we have an interim government comprising of the President, Prime Minister and Ministers. Under the 19th Amendment to the Constitution, the interim government will function during the elections period until a new government is established. As you know only the President, Prime Minister and Ministers are functioning in the interim government and in accordance with the regulations of the Elections Commission none of the former State Ministers, Deputy Ministers or MPs could use official vehicles for the election campaign. I request with respect to all the former Ministers and MPs to return their government vehicles to the Secretaries of Ministries immediately. If they do not act accordingly, I will have to ask the police to confiscate the vehicles and I will not hesitate to take strict legal action against the defaulters irrespective of their political party affiliations. I would like to kindly remind that use of government vehicles and public assets for elections is illegal and it should not be done.Accordingly, we provide fullest cooperation to the Election Commission, Public Officials, Police and Tri Forces to conduct the elections. It is the responsibility of the Party Leaders, Ministers former MPS, candidates and the supporters and the public to ensure that elections are conducted peacefully without any acts of violence and conduct election by acting with dignified and responsible manner. While reminding all these, I urge you most respectfully to extend fullest cooperation to the efforts to take our great Motherland to be a peaceful, progressive and economically prosperous nation with a great governing structure and an ethical, cultured society that preserve our heritage, customs, traditions, ethics and culture. (Colombo Gazette) read more

Toronto stock market closes higher Valeant jumps 15 buys Salix for US10B

Toronto stock market closes higher, Valeant jumps 15%, buys Salix for US$10B AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Malcolm Morrison, The Canadian Press Posted Feb 23, 2015 6:20 am MDT TORONTO – The Toronto stock market closed modestly higher Monday thanks to gains in tech stocks and the pharmaceutical sector.The S&P/TSX composite index rose 28.02 points to 15,200.26, held back by falling oil prices and bank stocks that continued to lose ground ahead of the release of earnings news this week from a challenging quarter.Shares of Valeant Pharmaceuticals International Inc. (TSX:VRX) jumped $32.72 or 15 per cent to $250.13 after it offered US$10 billion in cash for Salix Pharmaceuticals Ltd., a U.S.-based developer of gastrointestinal drugs. Valeant expects to achieve more than $500 million in annual cost savings for the combined company.The Canadian dollar declined 0.19 of a U.S. cent to 79.52 cents.New York markets were mainly lower with Federal Reserve chairwoman Janet Yellen set to deliver her semi-annual testimony on the economy to Congress on Tuesday and Wednesday. Traders will look for indications on when the Fed might start raising interest rates. Many analysts think the Fed could move as early as June.The Dow Jones industrials dropped 23.6 points to 18,116.84 and the S&P 500 index was down 0.64 of a point at 2,109.66, while the Nasdaq gained five points to 4,960.97.On the TSX, the tech sector gained 1.65 per cent, with CGI Group (TSX:GIB.A) ahead $3.22 or 6.15 per cent at $55.46.The gold sector also buoyed the TSX, up 0.9 cent even as April gold lost $4.10 to US$1,200.80 an ounce.Crude prices fell for a fourth straight session after data last week showed continued sharp increases in U.S. inventory levels. Prices have fallen about 40 per cent since the end of November amid a huge oversupply of crude on world markets.The energy sector shed 0.63 per cent as the April crude contract in New York dropped $1.36 to US$49.45 a barrel.Financials were down one per cent as five of the six big Canadian banks report quarterly earnings this week with Royal Bank (TSX:RY) down 88 cents to $75.13. The market hears from Scotiabank (TSX:BNS) next week.The financial sector has been steadily losing ground over the last few sessions as banks face a number of problems “the most recent of which would be compression of net interest rate margins following the Bank of Canada’s rate cut,” said Mark Allen, vice-president, Canadian equities, RBC Wealth Management.“But prior to that, there were concerns about Alberta, a slowing economy there or possibly a recession, which brings about the risk of higher loan losses in Western Canada, risk of higher credit card and personal loan losses in Western Canada (and) slower capital markets business because so much of it is related to resource stocks. And then all of this slowing mortgage growth trends.”The base metals sector shed 1.6 per cent with March copper unchanged at US$2.59 a pound. read more

Government and UK Automotive discuss Britain as a world leader in future

Government and the UK automotive industry came together today to discuss plans to position Britain as a world leader in electric and connected and autonomous vehicle technology. Attended by representatives of SMMT, vehicle manufacturers, the Centre for Connected and Autonomous Vehicles and Office for Low Emission Vehicles, the meeting was chaired by Transport Minister John Hayes, who outlined the content and progress of the Vehicle Technology and Aviation Bill.The Bill, which today begins the House of Commons Committee stage, is designed to help position the UK as a global destination for the development of ultra-low emission and connected and autonomous vehicles. It introduces new policies designed to modernise the UK’s transport system and help capitalise on a £51 billion a year economic opportunity.1 Measures include electric charging infrastructure at motorway service stations and fuel retailers, ensuring charging points are compatible with all vehicles across all networks, and updating insurance rules to cater for autonomous driving.Today’s roundtable came ahead of a major cross-industry event on connected and autonomous vehicles taking place on 30 March in London. SMMT Connected 2017 will bring together senior automotive executives, technology sector representatives and policy-makers to discuss the latest developments and challenges around connected and autonomous vehicle technology in the UK.The event will feature panel discussions on the social benefits of driverless vehicles; current and potential safety benefits; challenges surrounding cyber security and data protection; and will also share learning from international initiatives already underway. Speakers include:Rt Hon Greg Clark MP, Secretary of State, Department for Business, Energy, and Industrial StrategyDr Ian Robertson, Member of the Board of Management, BMW AGDavid Richter, VP of Strategic Initiatives, UberDoug Davis, SVP and GM, Automated Driving Group, Intel CorporationMike Hawes, Chief Executive, SMMTA new report exploring the impact of connected and autonomous vehicles on different sectors of society will also be published at the event. The report will focus on social groups, including both young and older people and those who face mobility problems, whether due to physical ability or lack of access, and will explore the transformative social and financial benefits this technology could bring to individuals and society.Transport Minister, John Hayes, said,I’m delighted to be at the Roundtable event today with some of the leading global players in the design, development and manufacture of automated and low emission vehicles. I’ve enjoyed listening to views from the industry and discussing a range of topics, including our Vehicle Aviation and Technology Bill which will make sure the right infrastructure is in place such as more electric charging points, hydrogen refuelling stations and the right insurance products for automated vehicles.Mike Hawes, SMMT Chief Executive, said,The UK is currently the EU’s biggest market for electric cars, while on-road trials of next generation self-driving vehicles are already taking place on our roads. We welcome government’s commitment to create the conditions necessary to position the UK as a centre of excellence for the development of this technology. These vehicles will transform our roads and society, dramatically reducing accidents, improving air quality, connecting people and saving thousands of lives every year. Our SMMT Connected event later this month will explore in detail how the UK automotive sector – and society as a whole – is poised to benefit.To see the agenda in full and to register, visit report 2015 – Connected and Autonomous Vehicles: the UK OpportunityClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) read more

NTMA and NAMA staff will lose exemption from new public pay cuts

first_imgSTAFF AT THE National Treasury Management Agency and its subsidiaries, including NAMA, will lose their exemption from public pay cuts under the latest legislation to cut public pay.Staff at the NTMA and its subsidiaries, including NAMA and the National Pensions Reserve Fund, have enjoyed a specific legal exemption from the proposed pay cuts since the first legislation enforcing emergency pay cuts was enrolled in 2009.However, the latest update to the ‘Financial Emergency Measures in the Public Interest’ legislation, published this afternoon in tandem with the new public sector pay proposals, removes the exemption – meaning NTMA and NAMA staff will be subject to the same pay cuts as others.The exemption follows unsuccessful attempts by the government to have the agency’s highest-earning staff take voluntary pay cuts.Last month Michael Noonan confirmed that three staff at the NTMA would not be following their colleagues in taking a voluntary 15 per cent pay cut – even though the NTMA chief executive John Corrigan, and NAMA chief Brendan McDonagh, were taking voluntary cuts.Earlier this month Noonan added that he did not plan to hold any further consultations on staff pay, all but affirming that the government had abandoned any hope of encouraging the highest staff to take voluntary cuts.The current government introduced a €200,000 pay cap for any public workers shortly after coming into office – but says it is legally unable to change the contracts of existing staff.The voluntary pay cuts are now likely to be reduced, to take into account the legal deductions to the pay of top staff, though the net effect will be that top earners – who had refused to take 15 per cent pay cuts – will now lose 10 per cent of their gross wage.The Railway Procurement Agency is also removed from the list of state agencies whose staff enjoy exemptions from the pay cuts.Other agencies whose workers retain an exemption include the airport authorities for Dublin, Cork and Shannon, CIE, the ESB, RTÉ and Coillte.The legislation published today also ensures that members of the judiciary and of the Oireachtas will face pay cuts equal to those of others on the public payroll.Read: Here’s what’s contained in the new ‘Haddington Road’ public pay dealMore: The NAMA advisors who work for free cost €23,000 last yearlast_img read more

WWE Superstar Mickie James undergoes ACL surgery today said to be a

first_imgFacebook Recommended videosPowered by AnyClipHadiyas classmates testify about what they saw the day she was killedVideo Player is loading.Play VideoPauseUnmuteDuration 1:53/Current Time 0:01Loaded: 5.79%0:01Remaining Time -1:52 FullscreenUp NextThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Replay the list Google+ Now Playing Up Next WhatsApp Bully Ray Calls Out Ring Of Honor Fan On Twitter WWE Clash of Champions Results – 9/15/19 (Rollins vs. Strowman, Kingston vs. Orton) Protest march organizers dont want Mayor Emanuels support Pinterest Now Playing Up Next Videos Articles Twitter Now Playing Up Nextcenter_img Mike Tedesco RELATED ARTICLESMORE FROM AUTHOR Chicago man struck by stray bullet in head while sleeping in bed Thank you all for your love, prayers, and well wishes. I am grateful! I’ll be just fine… if I come back… I’m coming back bionic! — Mickie James~Aldis (@MickieJames) July 16, 2019 Live Podcast: Reviewing and discussing WWE Clash of Champions from Charlotte Hadiyas classmates testify about what they saw the day she was killed Now Playing Up Next Now Playing Up Next Seth Rollins Defends WWE On Two Separate Occasions Wrestleview Live #65: Reviewing and discussing WWE Clash of Champions from Charlotte Mickie James WWE Superstar Mickie James underwent surgery today for a torn ACL ligament in her knee.Nick Aldis, James’ husband, took to Twitter to give an update. Aldis mentioned that the surgery was a complete success. F4WOnline is reporting she is expected to be out for seven to nine months.James tore her ACL last month during a match against Carmella in Waco, Texas.James is a 5-time Women’s Champion and a 1-time Divas Champion. She last appeared on television during the Women’s Battle Royal at WrestleMania 35. James was moved to the Smackdown Live roster, but was not used on television.UPDATE: Surgery was a complete success. I’m sure when she’s feeling up to it she’ll share more. Thank you all!— What’s causin’ Aldis (@RealNickAldis) July 16, 2019last_img read more

Bendtner left out of final Denmark World Cup squad

first_imgFormer Arsenal forward Nicklas Bendtner has been omitted from Denmark’s final 23-man squad for this summer’s World Cup, reports The LocalThe 30-year-old has reinserted himself into the Denmark squad after a two-year exile due to his rediscovered form with Norwegian side Rosenborg.However, after being named in the 27-man preliminary squad for Russia, Bendtner sustained a groin injury while playing for his club and missed Saturday’s goalless draw against Sweden in Stockholm.Joining him in missing out on a place for the World Cup are Andreas Bjelland, Mike Jensen and Peter Ankersen.“Bendtner and Bjelland are out because we don’t think they’ll be fit for the first match against Peru. It’s too soon. That match will be very important. And we have swapped Mike Jensen with (Michael) Krohn-Dehli [of Spanish club Deportivo de La Coruña, ed.],” Hareide said in a video posted to the Danish football association’s Twitter account.The Norwegian coach explained that, despite both Bendtner and Bjelland having returned to full training, their readiness for Denmark’s World Cup opener against France remained doubtful and so, therefore, he decided to omit them.“We are looking at the Peru match because it is so important for us. We are probably battling with Peru and Australia for second place. So it is important to get a good start, so we need players who are in form,” Hareide said.Denmark, Euro 2020Euro 2020 qualifiers round up from group D George Patchias – September 5, 2019 In Euro 2020 qualifying group D, Denmark hit Gibraltar for six while Ireland and Switzerland played out a draw.The Danes made easy work of…“Bjelland and Bendtner have been in training after injuries and we don’t think they’ll be fit for the first match,” he added.On how Bendtner took the news, Age added: “Bendtner stood up and asked whether he could say something, and then wished the team good luck with the job in Russia. That’s how it is. It’s become a close-knit group, and it is just as hard for the players [to leave someone out] as it is for me.”Denmark’s full squad for the 2018 World Cup:Goalkeepers: Kasper Schmeichel (Leicester/ENG), Jonas Lössl (Huddersfield ENG), Frederik Rønnow (Brøndby.Defenders: Simon Kjær (Sevilla/ESP), Andreas Christensen (Chelsea/ENG), Mathias ‘Zanka’ Jørgensen (Huddersfield/ENG), Jannik Vestergaard (Borussia Mönchengladbach/GER), Henrik Dalsgaard (Brentford/ENG), Jens Stryger Larsen (Udinese/ITA), Jonas Knudsen (Ipswich/ENG).Midfielders: William Kvist (F.C. Copenhagen), Thomas Delaney (Werder Bremen/GER), Lukas Lerager (Bordeaux/FRA) Lasse Schöne (Ajax/NED), Christian Eriksen (Tottenham Hotspur/ENG), Michael Krohn-Dehli (Deportivo La Coruña/ESP).Forwards: Pione Sisto (Celta Vigo/ESP), Martin Braithwaite (Bordeaux/FRA), Andreas Cornelius (Atalanta/ITA), Viktor Fischer (F.C. Copenhagen), Yussuf Poulsen (RB Leipzig/GER), Nicolai Jørgensen, (Feyenoord/NED), Kasper Dolberg (Ajax/NED).last_img read more

Government schools will be developed on par with corporates

first_imgVijayawada: District Collector Md Imtiaz on Thursday said the government schools will be developed on par with the corporate schools in the district and expressed satisfaction over the amenities provided for the students in the ZP High School at Gollapudi. As part of the surprise visit to the government hostels and schools, the Collector visited the ZP High School and interacted with the staff and students. Speaking on the occasion, he said, “It is a good sign that admissions are increasing in the government schools.” Also Read – Telugu Day fete held at DPS Advertise With Us He assured the headmaster and the staff that the district administration would render all kinds of assistance for the development of school. He sanctioned two classrooms for the school and asked the Sarva Siksha Abhiyan officials to take steps for construction of the classrooms. He responded to the request made by the staff to sanction two more classrooms as the existing rooms were not sufficient. Imtiaz explained the Maths and Science subjects to Class X students and expressed satisfaction on the answers given by the students. He told the students that many leaders and intellectuals in the country had studied in the government schools and reached top positions with hard work and self-confidence.last_img read more

Video shows Irish champion greyhound that tested positive for cocaine blowing away

first_imgAccording to the BBC, Irish racing champion greyhound Clonbrien Hero failed a drug test when his urine tested positive for cocaine. The governing body of Irish greyhound racing banned the dog from racing until it cleans up, and withheld some of its winnings.The dog’s trainer claims it must have ingested the coke accidentally, which seems unlikely.As you might suspect, he was pretty revved up for his races and in some videos we found, he blows away the less jacked up competition.You can’t do this on milk bones, folks.last_img

From tycoons to state bosses key people in Chinese business

first_imgFILE – In this file photo taken Sept. 19, 2014, Jack Ma, co-founder of Alibaba Group, smiles during the company’s IPO at the New York Stock Exchange in New York. One of China’s best-known entrepreneurs, this former English teacher from the eastern city of Hangzhou is credited with laying the foundation for e-commerce in China by founding Alibaba in 1999 to link Chinese suppliers with retailers abroad. The company has become the world’s biggest online bazaar, with total sales exceeding those of Inc. and eBay combined. (AP Photo/Mark Lennihan, File) Top holiday drink recipes BEIJING (AP) — The most successful of China’s entrepreneurs have created some of the world’s biggest companies and amassed stunning fortunes. Often they are little known outside of China, but that is changing as they expand abroad and sell shares on Wall Street. Some of their counterparts in China’s massive government-owned companies are making a mark as they try to instil innovation and efficiency in lumbering state giants. A look at key figures in Chinese business. 5 greatest Kentucky Derby finishes ___E-commerce leader: Jack Ma, co-founder and chairman of Alibaba Group.One of China’s best-known entrepreneurs, this former English teacher from the eastern city of Hangzhou is credited with laying the foundation for e-commerce in China by founding Alibaba in 1999 to link Chinese suppliers with retailers abroad. The company expanded into consumer e-commerce with its Taobao and Tmall platforms. In response to China’s lack of infrastructure such as credit cards to support e-commerce, Alibaba created online payments service Alipay. The company has become the world’s biggest online bazaar, with total sales exceeding those of Inc. and eBay combined. Last year, Alibaba also set another record, raising $25 billion on Wall Street in the biggest U.S. initial public stock offering to date. Ma’s net worth soared to $25 billion, making him China’s richest businessman. Ma is known for colorful behavior that includes dressing in a leather jacket and platinum wig to sing rock songs at the company’s annual Alifest employee gathering, a raucous event in a soccer stadium before an audience of thousands. Ma, who turned 50 in September, stepped down in 2013 as chief executive, saying he was too old for the Internet, but stayed on as executive chairman. ___China’s landlord: Wang Jianlin, chairman of Dalian Wanda Group.Wang became CEO of Wanda in 1993 following 16 years as a soldier and a stint as a city government employee. The company has grown to become one of China’s biggest real estate developers, with dozens of hotels, shopping malls and cinemas, and has undertaken hotel development projects in New York City and London. In 2012, Wanda became one the world’s biggest cinema operators with its $2.6 billion purchase of AMC Theaters in the United States. In 2013, the company announced plans to build an $8 billion film studio complex in the coastal city of Qingdao and flew in celebrities Leonardo DiCaprio and John Travolta for the launch. A Communist Party member since 1976, Wang ranked No. 1 in 2013 on the Hurun Rich List of the wealthiest Chinese with a fortune estimated at $22 billion. This year, he was No. 2 behind Alibaba’s Jack Ma, but his net worth rose to $23 billion.___SUV queen: Wang Fengying, general manager of Great Wall Motors Ltd.Appointed in 2003, Wang became the first woman to lead an automaker a decade before Mary Barra was named CEO of General Motors Co. Wang joined Great Wall, in Baoding, southwest of Beijing, as a saleswoman in 1991 and later got a master’s degree in economics. With 60,000 employees, Great Wall motored to success on an SUV boom in China and the popularity of its H5 model. It is now China’s biggest manufacturer of SUVs and pickup trucks. In 2013, according to Bernstein Research, its profit margins were the global auto industry’s fattest. Wang was named last year to Forbes magazine’s list of “Asian Power Women.” Under her, Great Wall has become one of China’s biggest auto exporters, selling to more than 100 countries including Russia and Italy. The company stumbled in 2013 with the release of a new flagship model was delayed but has rebounded on the strength of high demand for its SUVs. Clean energy: Why it matters for Arizona New Valley school lets students pick career-path academies Top Stories Founded in 2010, Xiaomi has soared past domestic rivals Lenovo and Huawei to become the world’s No. 3 smartphone brand by number of handsets sold. Now, the company is expanding into India. Trained as an engineer, Lei has said he was inspired by the example of Apple Inc.’s Steve Jobs. Lei rose to become CEO and vice chairman of Kingsoft, one of China’s biggest software companies, and played a role in the launch of, later acquired by Amazon as its Chinese arm. Lei spent the past decade as a venture capital investor before launching Xiaomi with former Google executive Lin Bin. Since then, he has taken on a second job as chairman of Kingsoft. After he was awarded a bonus of stock worth 93 million Hong Kong dollars ($11.9 million) by Kingsoft’s board in July, Lei announced he would give it away to the company’s employees in thanks for their work. Lei ranked No. 10 on this year’s Hurun China Rich list with a net worth of $7.2 billion.___Beer boss: Chen Lang, chairman and CEO of state-owned China Resources Enterprise.With an MBA from the University of San Francisco, Chen represents a generation of technocratic managers the Communist Party hopes can transform subsidy-guzzling state companies into money-making competitors. Chen oversees China’s biggest supermarket operator and beer producer, a sprawling business empire with 152,000 employees, 2,800 grocery stores, 70 breweries and lines of business from fishing to pharmaceuticals. Unlike state companies in power, banking and other industries that are shielded by regulators from private and foreign competitors, Chen has to fight ambitious private sector rivals for market share. Chen began his career in 1986 at China Resources National Corp., which owns 51 percent of CRE and is one of 117 companies controlled directly by China’s Cabinet. “There is no such a thing as sitting back and relaxing,” said Chen in a 2011 interview with the newsletter of the University of Pennsylvania’s Wharton School of Business. “We need to attack all the time.” Sponsored Stories center_img 0 Comments   Share   ___Online innovator: Ma Huateng, co-founder and chairman of Tencent Holdings Ltd.Ma, who is no relation to Jack Ma, is the quiet counterpart to his flamboyant rival at Alibaba. The company co-founded by Ma Huateng in 1998 has gone from success to success, first in online games, then with its QQ instant message service and now as operator of the hugely popular WeChat social media platform, which it says has 550 million active users. Its strategy is built on offering entry-level services for free, then charging for added features on games and linking social media to e-commerce and other money-making ventures. That has helped to make Tencent, with 25,000 employees, one of the most valuable tech companies, with a market cap of $150 billion. Ma is worth $18 billion. Along with Alibaba and search engine Baidu Inc., the third member of China’s trio of leading Internet companies, Tencent is rushing to build a presence in mobile Internet as Chinese Web surfers switch to going online via smartphones and tablets. Since the start of 2013, Tencent has spent about $1 billion, according to Chinese news reports, to buy a 15 percent stake in China’s No. 2 e-commerce company,, and to acquire or create services in online video and taxi-hailing. ____Reformer in Chief: Xi Jinping, general secretary of China’s Communist Party.In a state-dominated economy, Xi has more influence over business than any entrepreneur or state company boss. The son of a guerrilla commander in the 1949 revolution, Xi has amassed more personal power than any leader since the late Deng Xiaoping, who launched economic reform in 1979. Under Xi, the ruling communists have promised to make the slowing economy more productive by giving entrepreneurs a bigger role. That will require Beijing to trim the subsidies and privileges of state companies and make government-owned banks more market-oriented. At the same time, the party is building state-owned “national champions” to control industries from oil and gas to telecoms to banking and has tightened censorship of the press and the Internet. Unlike predecessors who entrusted economic management to the country’s premier, Xi named himself to head a ruling party committee in charge of reform. That puts his personal authority behind quelling opposition from state companies and their supporters in the ruling party. Xi has presided over an anti-corruption campaign that led to the arrest of a former member of the party Standing Committee, China’s inner circle of power, and a retired army general. Ex-FBI agent details raid on Phoenix body donation facility Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Milstead says best way to stop wrong-way incidents is driving sober ___China’s Warren Buffett: Guo Guangchang, chairman of Fosun International Ltd.Dubbed “China’s Warren Buffett” by the Financial Times, Guo is, along with Wanda’s Wang, one of China’s biggest private investors abroad. He has described his business strategy as linking global technology and resources with China’s rapid market growth. In China, Fosun pursues an approach similar to Buffett’s Berkshire Hathaway, combining an insurance business with ownership stakes in businesses including pharmaceuticals, construction, mining and steel production. It bought Portuguese insurance company Caixa Seguros e Saude for $1.4 billion and agreed to invest in U.S. film producer Studio 8. In February, Fosun won a two-year bidding war against an Italian tycoon for France’s Club Med.____Green champion: Li Hejun, chairman of Hanergy Holding Group Ltd.Li is among a generation of Chinese entrepreneurs who have made fortunes from the growing global market for renewable power. He ranked No. 3 on this year’s Hurun Rich List of China’s wealthiest tycoons with a fortune estimated at $20 billion. Li set up Hanergy in 1994 to build hydropower projects. It became the first private company to be awarded a contract to build a dam in China when it was picked in 2002 to construct the 2,400-megawatt Jin’anqiao dam, completed in 2012. The company, headquartered in Beijing, also invested in wind farms but shifted its emphasis in 2009 to solar power. In 2012, it acquired Germany’s Solibro and California’s MiaSole and says it hopes to become a world leader in “thin-film” solar panels that can be used as tinted windows on buildings or integrated into building materials for use on rooftops. Last year, Hanergy was ranked No. 23 on the MIT Technology Review’s list of the world’s 50 “smartest companies.” Former Arizona Rep. Don Shooter shows health improvement ___Net nuts and bolts: Ren Zhengfei, founder and CEO of Huawei Technologies Ltd.A former military engineer, Ren founded Huawei in 1988 to sell imported equipment to Chinese phone carriers, then moved into technology development when its foreign supplier was bought by a competitor. It has grown to become, along with Sweden’s LM Ericsson and the proposed tie-up between Nokia and France’s Alcatel Lucent, one of the biggest suppliers of switching gear used by phone and Internet companies. Shut out of Chinese cities that were dominated by state-owned and foreign suppliers, Ren pursued a guerrilla strategy of selling to developing countries in Asia and Africa and to Chinese small towns before making inroads into major urban markets. Today, Huawei is expanding into consumer products with its own line of smartphones. With 150,000 employees, the company reported 288.2 billion yuan ($46.5 billion) in sales last year but has struggled to mollify concerns in the United States, Australia and elsewhere that it is a security risk. Ren, who turned 70 in October, has created a system of three co-chief executives who take turns to lead the company.___Smartphone challenger: Jun Lei, co-founder and chairman of Xiaomi.last_img read more