New era of oil supply certainty force changes in Canadian producers strategies

first_imgCALGARY – A shift in global oil markets sentiment is under way, replacing decades of scarcity fears with confidence in surpluses, capping oil prices and forcing changes in the way the industry works, observers say.“We’re moving from a mindset where oil was considered a scarce resource to one now where it’s more of a plentiful resource,” said Steve Reynish, executive vice-president of strategy and corporate development at Suncor Energy Inc. (TSX:SU), speaking at a conference in Calgary last week.“What we’re seeing is a huge reorganization worldwide and it’s all about how can we compete in a more plentiful world and that really takes us to competitiveness, cost-cutting, capital discipline.”Reynish said Canada has fallen behind the U.S. in pipeline and major resource project construction and needs to rework regulatory, political and environmental priorities. As an example, he reiterated a call by Suncor CEO Steve Williams last year to update Alberta conservation rules to allow oilsands producers to leave the most costly and carbon-intensive portions of a resource untapped.The world’s current oil oversupply has been largely driven by U.S. shale oil and gas plays, Reynish said. According to the U.S. Energy Information Administration, Canada’s largest energy customer has boosted domestic oil production from less than four million barrels per day in 2008 to 9.2 million bpd now, while gas output has risen from 67 million cubic feet per day to 89 million cf/d.The production surplus that put oil prices in a funk starting in mid-2014 has pushed potential investors to the sidelines, experts say.Energy analyst Nick Lupick of AltaCorp Capital said the recent stability in benchmark U.S. West Texas Intermediate prices has encouraged some investors to put oil and gas stocks back in their portfolios again but the market is “skittish” and could easily be derailed by volatility in oil prices. Most funds remain below market weighting in oil and gas securities, he said.“Between US$50 and $53 WTI (per barrel) is perfect,” he said in an interview.“If we can sit there for the rest of the year, fundamentals are showing better, buying will likely continue, and the weightings will come up. What we don’t want to see is volatility.”WTI was trading at above US $51 on Friday.Oilsands production is expected to rise early next year as Suncor’s Fort Hills mine adds 194,000 bpd and Canadian Natural Resources Ltd. (TSX:CNQ) brings on its 80,000-bpd Horizon mine expansion.Lupick said there’s plenty of demand in the world for that heavy oil but a lack of pipeline space means higher-priced railway cars will have to be employed to bring new barrels to market in the short term.Adam Waterous, who left Scotiabank to start investment firm Waterous Energy Fund early this year, said he remains convinced that this is the perfect time to invest in oil and gas after four decades of “lousy” six to eight per cent returns from the sector.He said the “age of scarcity” began with the Arab oil embargo on the U.S. in 1973 and has ever since prompted poorly-considered energy projects in Canada based on overly optimistic commodity price forecasts.“Optimism is the enemy of the investor,” he said. “I’m a buyer right now. I love negative headlines.”The Waterous fund was created with the goal to invest $200 million- to $400-million in oil and gas companies — it bought two-thirds of the shares in Northern Blizzard Resources (since renamed Cona Resources Ltd.) earlier this year for about $244 million.Suncor will be one of the first major Canadian oil and gas companies to report its third-quarter financial results on Oct. 25.Analysts say few surprises are expected as companies continue to sacrifice growth in favour of conservative budgets that keep spending to less than cash flow (the difference between revenue and expenses).Companies with refinery assets such as Suncor, Imperial Oil Ltd. (TSX:IMO), Husky Energy Inc. (TSX:HSE) and Cenovus Energy Inc. (TSX:CVE) are expected to do well as refinery profit margins rose when competing Gulf Coast refineries were closed due to flooding caused by hurricane Harvey.However, a US six-cent gain in the average value of the Canadian dollar in the third quarter compared with the second is expected to hurt producers’ realized oil and gas prices, dampening third-quarter profits.Follow HealingSlowly on Twitter.last_img read more

Feds announce Canada to join US Mexico bid for 2026 FIFA World

first_imgThe federal government has officially thrown its support behind the North American bid for the 2026 World Cup.Canada, Mexico and the U-S are up against Morocco to host the men’s soccer showcase.The government has promised up to five million dollars in immediate help should the unified bid win.We thank the Government of Canada for their support of the United Bid to host the 2026 FIFA World Cup in Canada, Mexico and the United States.— President’s Office (@CanadaSoccerPO) March 13, 2018last_img

BJP Cong get into poll mode Cong wants top leaders to contest

first_imgShimla: In the state, where there power equations swings between two national parties – BJP and the Congress, the battle for upcoming Lok Sabha polls is getting quite interesting this time.The BJP, which had won all the four seats in 2014 , wants to retain all sitting MPs, including party veteran Shanta Kumar, 84, for the contest but the Congress is looking at new choices to field its top seniors. At a meeting of the Congress’s election committee, held on Wednesday at Chandigarh, the party has shortlisted names for all the four Parliamentary constituencies even proposing to former Chief Minister Virbhadra Singh either to contest himself from Mandi Lok Sabha constituency or make sure that his son Vikramaditya Singh, a sitting MLA elected first-time from Shimla (rural) contests the seat. Also Read – How a psychopath killer hid behind the mask of a devout laity!The BJP’s core committee in its two days meeting has also shortlisted the names for Shimla, Kangra, Mandi and Hamirpur Parliamentary constituencies. Initially, there was much suspense on party senior Shanta Kumar, who had won Kangra Parliamentary seat in 2014 but it looks Shanta Kumar is well settled to re-enter the poll fray. Admits Chief Minister Jai Ram Thakur “as far as the decision on tickets is concerned, there is already consensus in the party not to change candidates. On Shanta Kumar’s candidature, the party’s national leadership will take a final call. But, we are clear on retaining the candidates.” Also Read – Encounter under way in Pulwama, militant killedIn Hamirpur Parliamentary constituency, where three-time sitting MP Anurag Thakur, who was also BJP’s Chief whip, will be party’s candidate while two other incumbent MPs — Ram Swaroop Sharma (Mandi) and Virender Kashyap (Shimla) will be back in the contest. Beside Mandi, Parliamentary seats of Hamirpur, Shimla and Kangra have become quite high stake constituencies for the Congress, which the party has not won for several years. The name of Congress legislature Party (CLP) leader Mukesh Agnihotri was being prominently mentioned as ‘winning” candidate or one who can really give Anurag Thakur a tough fight. Given a chance Agnihotri – a Virbhadra Singh loyalist,w ill not risk his political career. Kangra Parliamentary seat is also a hot spot for the Congress. Former Minister G S Bali is Congress heavyweight in the area also keen to contest the Lok Sabha. Another former minister Sudhir Sharma could be considered for the contest. In Shimla, former MP Col (Rtd) Dhani Ram Shandil is also party’s choice to take on incumbent MP Virender Kashayp. But, being a sitting MLA, he may not also look forward to contesting. Vinod Sultanpuri son of former MP Late K D Sultanpuri is another contender for the ticket. In totality, the Congress is undoubtedly looking forward to put-up a good show in the poll. The party has a bigger struggle to make some of the leaders agree to contest the poll rather than building-up a campaign against the BJP.last_img read more

BJP intensifies poll campaign in Delhi

first_imgNew Delhi: With less than 15 days to go to for the May 12 Lok Sabha elections in the national capital, the Bharatiya Janata Party (BJP) on Sunday intensified their poll campaign here. Union Minister Harsh Vardhan, who is pitted against Congress’ J.P. Agarwal and the Aam Aadmi Party’s (AAP) Pankaj Gupta from the Chandni Chowk Lok Sabha seat, held meetings with the residents of the Kishanganj railway colony. He then kicked off his ‘padyatra’ from Kishanganj Mandal to Motibagh, Padam Nagar and Sadar Bazar. Also Read – CM urges Delhiites to help accident victims Meanwhile, Union Minister Vijay Goel took out a cycle rally on Sunday morning with suspended AAP MLA Kapil Mishra in the capital city. On the other hand, North East Delhi BJP candidate Manoj Tiwari, who is pitted against former Delhi Chief Minister and Congress leader Sheila Dikshit and the AAP’s Dilip Pandey, kicked off his roadshow from the Burari area in his constituency. On Saturday, he held a 15-km long roadshow from Loni road to Shahdra which saw the participation of hundred of BJP workers and supporters. Also Read – Kejriwal seeks Transport Dept’s views on odd-even exemption The BJP’s West Delhi candidate Pravesh Singh Verma also interacted with the residents of Punjabi Bagh at the Veer Sawarkar park in the area. Ramesh Bidhuri, who is re-contesting from South Delhi and is pitted against Congress’ Vijender Singh and AAP’s Raghav Chadha, met members of the resident welfare association in Saket, after which began his ‘rath yatra’ from the Bijwasan area in his constituency. Cricketer-turned-politician Gautam Gambhir, who is contesting for the BJP from the East Delhi seat, kick-off his roadshow from Seemapuri roundabout to Babu Ram school in Shahdra. In the 2014 polls, the BJP won all the seven Lok Sabha seats from Delh.last_img read more

Ford begins probe into whether gas mileage was overstated

DETROIT — Ford says it has launched an investigation into whether a flawed mathematical model caused it to overstate gas mileage and understate pollution from a wide range of vehicles.The company says a group of employees reported possible problems with the model in September. It has hired an outside firm to test the 2019 Ford Ranger. If problems are found, then Ford will start looking at models going back to 2017.Ford says it has no evidence yet that mileage or pollution numbers are wrong, but the investigation has just started. The company says it’s too early to tell how many and which models might be involved.The U.S. Environmental Protection Agency and California regulators have been informed about the situation, according to the automaker.The Associated Press

Côte dIvoire Jordanian UN blue helmets donate medicines to educational institute

18 July 2007Peacekeepers from the Jordanian battalion serving with the United Nations peacekeeping operation in Côte d’Ivoire (UNOCI) have contributed medicines to an educational institute in Cocody as part of their broader humanitarian efforts to help the divided country. Peacekeepers from the Jordanian battalion serving with the United Nations peacekeeping operation in Côte d’Ivoire (UNOCI) have contributed medicines to an educational institute in Cocody as part of their broader humanitarian efforts to help the divided country. “Our soldiers, messengers of peace, offer all that they are able with the sole goal of helping Côte d’Ivoire achieve stability and tranquility,” said Colonel Ali Bairat, who commands the battalion. He said the gift, aimed at helping to fight malaria and provide aid, comes as part of humanitarian activities carried out by the mission in order to help alleviate the suffering of the local population. Emile Bih, director of the Institut Pédagogique National de l’Enseignement Technique et Professionnel which received the donation, thanked the Jordanian battalion and ONUCI at a ceremony on Monday, saying that the medicine would help the health of the students so that the could better develop. UNOCI is working to assist the parties in Côte d’Ivoire – which has been divided between the rebel-held north and Government-controlled south since 2002 – to implement the Ouagadougou peace agreement signed earlier this year. read more

Afghan lawyers group major stride for young democracy says UN agency

6 August 2008The United Nations Office on Drugs and Crime (UNODC) has welcomed the newly-established Afghan Independent Bar Association, which it called an important step in promoting justice and due process in the fledgling democracy. Christina Gynna Oguz, UNODC Representative in Afghanistan, congratulated the authorities, in particular the Ministry of Justice, and the Afghan people for taking a major stride towards “promoting meaningful access to legal representation and justice for all persons regardless of their ethnic, economic or social condition.” Ms. Oguz also urged the representatives of the newly-established body “to increase public understanding of and respect for the law, the legal process, and the role of the legal profession and to preserve the independence of the legal profession and the judiciary, which is fundamental to a democratic society.”The Afghan Independent Bar Association has the distinction of being one of the only bar associations in the world with mandatory pro bono requirements for criminal cases and a quota for women on the leadership and all committees.UNODC, in cooperation with the International Bar Association (IBA) and with the financial support of the Government of Italy, assisted the Afghan Ministry of Justice in organizing and hosting the group’s first General Assembly meeting in late July.The gathering brought together registered lawyers and advocates from all over the country and was tasked with adopting the by-laws and electing the President as well as other representatives of the Association.UNODC has also developed a database that will contain relevant information about registered lawyers in Afghanistan, and plans to conduct a training course on its use for the Association’s administrative staff. read more

UN food agency launches web site on agricultural practices and resources

The web sites, called Ask FAO and Best Practices, are attached to FAO’s main site and will be constantly updated by its agricultural experts, the agency said.Ask FAO includes an area where anyone can ask for advice on individual problems, as well as answers to a range of frequently asked questions, such as “How does the Global Rinderpest Eradication Programme function?” and “How many hectares of forest are destroyed each year due to disturbances such as fire, insects, diseases and climate change?”The Best Practices site will contain continually-updated information on food production techniques that have proven effective in various parts of the world, such as the Conservation Agriculture approaches used by FAO projects in Tanzania, Kenya, Uzbekistan and DPR Korea to counter erosion by maintaining an organic cover over the underlying soil. read more

Nearly one in five suicide bombers used by Boko Haram is now

According to an update issued late last week by the UN Office for the Coordination of Humanitarian Affairs (OCHA), security remains volatile in many of the region’s conflict-affected areas, complicating aid access to those in need. Some three million people are already food insecure. Many more are expected to face hunger as the lean season progresses. Already in certain areas, the lean season has begun earlier than usual, while in others thousands of families are in need of immediate assistance. Given the onset of the lean season and rainy season, nutrition outcomes are expected to worsen and food prices will increase as roads become impassable. OCHA estimates that some 486,000 children in Borno and 242,000 children in Yobe in north-eastern Nigeria are suffering from Global Acute Malnutrition. Moreover, some 73,000 children under two years of age in these communities need to urgently receive ready-to-use supplementary specialized nutritious foods. Food supplements for 27,000 pregnant and lactating mothers are also recommended. Without interventions an estimated 67,000 children aged six- to 59 months with severe acute malnutrition are likely to die in Borno and Yobe states in 2016. This translates to 184 deaths every day, warns the report.OCHA went on to report that 44 children were involved in suicide bombings in 2015, up from four the previous year. More than 75 per cent of them are girls, according to the UN Children’s Fund (UNICEF). Between January 2014 and February 2016, Cameroon recorded the highest number of suicide attacks involving children at 21, followed by Nigeria with 17 and Chad with two. Over the past two years, nearly one in five suicide bombers was a child, OCHA adds. In Niger, Boko Haram attacks have increased since January, said OCHA. Intensified military offensives from the regional multinational force and troops from the Lake Chad Basin countries have forced the gunmen to retreat to the border areas between Niger and Nigeria where they attack villages that have little or no military presence.Finally, OCHA noted that only 10 per cent of the $535 million required to assist the affected populations across the region has been received. read more

UN warns of more heatwave deaths as climate change pushes up temperatures

The warning came days after the World Meteorological Organization (WMO) announced that global temperatures for the first six months of this year reached new highs, setting 2016 on track to be the hottest-ever on record, and the temperature hit 54 degrees Celsius in Kuwait last week.“Millions of people around the world should be receiving heat-related warnings and advisories if we are to avoid a repeat of the thousands of deaths which occurred last year from heatwaves notably in Asia and Europe,” said Robert Glasser, the UN Secretary-General’s Special Representative for Disaster Risk Reduction.From 2005 to 2014, an average of 25 major heatwaves were recorded each year resulting in an annual average death toll of 7,232. In 2015, the hottest year on record, there were 3,275 reported deaths from heatwaves in France, 2,248 in India, and 1,229 in Pakistan. “Climate change is amplifying the impact of many extreme weather events including heatwaves,” he added, stressing the need for disaster risk management to focus more on extreme heat to reduce mortality from this particular natural hazard.He called for greater effort to ensure that the poor and vulnerable including refugees, children, older persons and persons living with disabilities are reached with early warnings, and that they have access to water and adequate shelter and protection from the heat and the sun.The theme of this year’s International Day for Disaster Reduction on 13 October is reducing mortality. read more

Prisoner of War suit from Gulf War to go on display for

A never seen before Prisoner of War suit from the Gulf War is to go on display at the RAF museum as  part of a major renovation to mark a century in of the force’s time in service.The suit “which embodies the spirit of the RAF” was donated to the museum by Squadron Leader Robbie Stewart, a navigator who was shot down with his pilot by a surface-to-air missile during a low-level night attack whilst flying in Iraq.They were captured by Iraqi forces and badly beaten during their interrogation and six week imprisonment.Maggie Appleton, CEO of the museum, said: “The suit is a very powerful and moving statement to make of RAF friendship and humanity that really does embody the spirit of the Royal Airforce. “When we show it to people It is that pause, it’s a really moving object. It has quite a presence in there I think. You can see the story but you can hear the story as well from him and his colleagues.”Set to open on Saturday, the museum also features three new exhibitions, with one titled The RAF in an Age of Uncertainty, reflecting the rapid economic and political change from 1980 to present day. Two of the enormous four propellers of the Short Sunderland, a flying boat, dwarf Year Two children from Colindale Primary School as they watch from a viewing gallery “The RAF in an Age of Uncertaintiy” celebrates the 100 years of the RAF’s existanceCredit:David Rose The museum has undergone a £26 million refurbishment, creating an interactive experience of the RAF’s century-long story with a transformed layout, three new exhibitions, an exclusive ‘Gnat’ flight simulator and a model of the primed F-35 Lightning jet. Two of the enormous four propellers of the Short Sunderland, a flying boat, dwarf Year Two children from Colindale Primary School as they watch from a viewing galleryCredit:David Rose "The RAF in an Age of Uncertaintiy" celebrates the 100 years of the RAF's existance A famous Sea King helicopters, flown by Prince William at RAF Valley, is also a new addition to the museum. Sir Peter Luff, the Chair of the Fund, said: “As a pioneer and leader of international aviation, and in its Centenary year, the Royal Air Force deserves a world-class museum.“Now, thanks to National Lottery players, visitors can explore the powerful, inspiring and often surprising stories of the world’s oldest independent air force in a dynamic new setting.”Sir Roger Carr, chairman BAE Systems, said: “The histories of the Royal Air Force and BAE Systems have been inextricably linked since the foundation of the Royal Flying Corps.“Since 2014 we are proud to have been a Founding Partner for the regeneration of the RAF Museum.  The Museum plays an important role inspiring the next generation of airmen, airwomen and engineers.” Another focuses on the future of the RAF, with the US Air Force Predator drone on display alongside a debate table encouraging visitors to discuss the future of air and space security and how the RAF is adapting.Ms Appleton added: “The RAF is absolutely diverse in welcoming airmen and airwomen totally and utterly, and all different backgrounds and trades are all recognised. “That’s why we don’t have an exhibition about women in the RAF because women are part of that broader RAF story, they are actually integrated into every RAF storyline. It’s a diverse and integrated story.”A 1930s doll of airwoman Amy Johnson is on display, showing how pioneering she was at the time, among other artefacts including sand from the Stalag Luft III, the site of the Great Escape.The new museum also illuminates the story of Noor Kahn, who despite being from a family of suffering Muslim pacifists, flew to Nazi-occupied Paris to begin a career in covert RAF operations.  Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. read more

Champion sailor could be reunited with £10000 Rolex lost overboard 20 years

He subsequently attempted to take the auction house to court as his watch was also claimed by the seller, known as Mr Guidi and under international law was returned to him.But the 71-year-old celebrated sailor was declared the rightful owner of the watch under UK law last week in a court order from Truro County Court.However  the watch had never been with auctioneers in the UK and the order from Truro County Court does not reference the status of the watch under Swiss and Italian law.Christie’s Geneva said it was therefore obliged to return the watch to the seller who claims ownership under Italian law.“The watch is of no value to me, it’s not about the money, it’s effectively my Olympic gold medal, Mr Gardini gave it to me after our crew won the San Francisco World Championships in 1988,” Mr McColl told The Sunday Telegraph.In a letter addressed to Mr McColl dated January 2017, Rolex confirmed that the watch was listed on the manufacturer’s stolen database in 1999 and a month later, they confirmed it was registered by Falmouth Police as stolen around the same time. In April this year, a Christie’s representative contacted Mr McColl to discuss the return of his watch, asking him to collect the watch himself, or declare whether he needs it to be shipped.A spokesperson for Christie’s said: “Christie’s has made every effort to seek a resolution to this situation on behalf of the two parties. We have now ensured the parties are in touch direct in order the ownership question can be resolved between them. “The court has dismissed any claims against Christie’s. The court has not addressed the question of ownership as a matter of Italian law, which is where the watch was latterly purchased. “Under no circumstance would Christie’s knowingly offer any object where there are valid concerns over the ownership.” The Rolex which Mr McColl will be reunited with A Champion British sailor was offered the chance to be reunited with his prized Rolex worth £10,000 that he lost 20 years ago overboard, after it emerged for sale in Switzerland.Christie’s auction house in Geneva offered the engraved watch to its owner Philip McColl, years after they phoned him and asked if he would “negotiate” to get his long-lost Rolex back. It claimed he refused to engage in negotiations.The yacht engineer was given the precious engraved Rolex Submariner in 1998 by his now deceased former employer and friend, Italian businessman Raul Gardini, who had an estimated £2.2 billion fortune at the time.But he lost his beloved watch – estimated to be worth around £10,000 – while on his passenger boat off the British coast in 1998, believing it went overboard.But Mr McColl became suspicious the watch may have been stolen and reported it to Devon and Cornwall police. In 2016, the sailor said the auction house contacted him on behalf of a seller to ask if he owned the watch engraved with his name and to see if he wanted to buy it back.Mr McColl said that the auction house would have known it was his and had been stolen, due to the Rolex being listed on an Interpol list.   However Christies said that the item was not listed on Interpol list at the time of checking. The Rolex which Mr McColl will be reunited with Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. read more

No new coal mines for China

first_imgAccording to the Xinhua News Agency, China will continue to improving its energy consumption structure and efficiency in 2016, a senior energy official said this week.China will lift the share from non-fossil fuels in the total energy consumption to 13.2% next year, compared with about 12% in 2015, and reduce that of coal from 64.4% this year to below 62.6% in 2016, said Nur Bekri, head of the National Energy Administration.The government aims to add over 20 million kW of installed wind power and more than 15 million kW of installed photovoltaic power in the next five years. A group of nuclear power projects in China’s coastal regions will be given the go ahead over the next five years, according to Bekri.China will establish a warning mechanism to control coal-fired power plants construction and production. In principle, no new coal mines will be allowed to be developed in the next three years, he said.last_img read more

The 12 most insufferable pieces of office jargon in existence

first_imgLAST WEEK WE wrote a piece about the most infuriating talkers in your office. It sparked so many comments about awful office jargon that we decided that needed a little more attention.Here, without further ado, are the worst pieces of meaningless manager-lingo ever spouted. Ranked from least to most offensive.12. “Going forward” Source: llamnuddsOh, what’s that? You mean ‘in the future’? WELL WHY DON’T YOU JUST SAY IT?11. “Synergy” Source: zappowbangWould probably be higher up this list if only we knew what it meant.10. “Blue-sky” Source: Dennis WongAs in “Let’s blue-sky this dialogue.” Closely related to thinking outside the box, but with more clouds.9. “Think outside the box” Source: z287marcIf I really thought outside the box, you’d fire me. What you actually mean is “think inside a very slightly bigger box.”Further hampered by the Irish alternative meaning of ‘box’, which basically makes any sentence including it impossible to take seriously.8. “Proactive” Source: normanackThis literally just means ‘active’, but with an extra three letters at the beginning. See also: ‘forward planning’.7. “What’s your bandwidth?” Source: The EggplantThe worst replacement for ‘Are you too busy’ anyone could possibly have come up with.6. “Let’s park that” Source: positionmktgTranslation: Shut up, minion.5. “360-degree thinking” Source: oddsockI’m sorry, how many degrees should we think about this in? Three hundred and sixty, you say? Grand.4. “Circle back” Source: briannaorgAlso ‘loop back’, as in ‘We’ll loop back tomorrow on this’. Just one of the million words that Satan invented to replace ‘talk’.3. “Paradigm shift” Source: ronocdhLiterally nobody in the world knows what this actually means in an office context.2. “Round-table” Source: WonderlaneUsed as a verb, as in “Let’s round-table that tomorrow.” Insufferable. Should be made grounds for instant dismissal.1. “Touch base” Source: mnscThe absolute worst. Sounds like an office-inappropriate euphemism. We might as well replace it with “drop the hand on base” and just watch the world burn.What’s your most hated piece of office jargon? Let us know in the comments…Thanks to Michael Quane, Maria Pharrell, Michael Fay, Ciara Knight, kat365, Adebayo Flynn, Gavan Reilly, Seán Denny, Edwin Gilson and Best Bits. The 11 most infuriating talkers in your office right now>Look around your office… can you identify these 9 people?>The 19 most annoying things about work>last_img read more

Amazon cancels monthly Prime option after two weeks

first_imgAmazon has decided to put an end to its new monthly billing option for Amazon Prime after testing it out for just two weeks. It is unclear why the retail giant decided to pull the new option, or if it was originally scheduled to only run as a two-week trial period to begin with.When Amazon Prime was first introduced, charging on an annual basis made sense. After all, if it was available for a monthly charge, many consumers would probably have signed up for the holiday shopping season and then swiftly cancelled their memberships. The whole point of Amazon Prime was to encourage users to shop at Amazon year-round, as if it was a local store. The story has changed though, with Prime drawing much more attention these days because of its video streaming and free Kindle book access.Such was presumably the basis for offering the same benefits at a monthly fee of $7.99. This would make it appear more like a direct competitor to Netflix or Hulu Plus. However, Amazon cut that option saying that it was a test, and that customers may no longer sign up for the plan. Those who did manage to grab a monthly membership will get to retain it.Of course, anyone who has access to a calculator can figure out that the $79 annual rate of an Amazon Prime membership is actually only $6.58 a month, making it a good deal by all accounts. Paying annually still makes a lot of sense.It has to make you wonder what the response was like, and what the account activity is like for those newly acquired monthly subscribers. Did they just sign up because they needed to ship a package that would have cost $10 or $20 to overnight, and then cancel their Prime account? Or did they actually start consuming a lot of Amazon digital content and find it to be lacking?The presumption would be that the former was the case. A $7.99 monthly membership is basically the same as a $7.99 promotion for two-day shipping, and that was not Amazon’s intention. Then again, nobody outside of Amazon’s offices knows the real scoop here. The bottom line is Amazon Prime requires an annual commitment once again.via All Things Dlast_img read more

ERT prepares to start service

first_img Facebook Twitter: @NeosKosmos Instagram Singer-songwriter Dionysis Tsaknis was confirmed as the new chairman of public broadcaster ERT, which is to reopen two years after it was shut down following the passing of relevant legislation through Parliament.Tsaknis will be flanked by journalist Lambis Tagmatarchis, who was named CEO. Tagmatarchis has served in the role before and was appointed despite objections from POSPERT, the union representing ERT employees.The executive board’s lineup is due to be decided this week. After that, former staff will be appointed to their positions and broadcasts will begin.Source: Kathimerinilast_img

Maneka Gandhi warns Muslims in UP You wont get jobs if you

first_imgPictured: Women and Child Development Minister Maneka Gandhi.IANS File Photo [Representational Image]Union minister and Bharatiya Janata Party (BJP) leader Maneka Gandhi has sparked a major controversy after she threatened the Muslim community at Sultanpur in Uttar Pradesh. In a video that has gone viral on social media, Maneka Gandhi can be heard saying that if the Muslims don’t vote for her, she will not respond to their requests.The Union Minister for Women and Child Development minister was addressing a public gathering at Turabkhani area of Sultanpur. She said she is going to win the elections anyway, but victory without the support of the Muslims there would be a peevish feeling.”If the Muslims came to me for some work after that I will think why bother? Because employment is a negotiation, after all, isn’t that right? We are not Mahatma Gandhi’s children to give something without expecting anything in return,” Maneka Gandhi said.She further said that she is extending a hand of friendship and anyone who has a doubt over her ability can call and ask the people from Pilibhit (her former constituency).The minister concluded her speech with a threat that she has already won the elections but the people from Sultanpur will need her. “This is your chance to lay the foundation. When the election comes and this booth throws up 100 votes or 50 votes, and then you come to me for work we will see… do you all understand?” she added.last_img read more

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first_img News | PACS | August 09, 2019 Lake Medical Imaging Selects Infinitt for Multi-site RIS/PACS Infinitt North America will be implementing Infinitt RIS (radiology information system)/PACS (picture archiving and… read more January 21, 2015 — Based on its recent analysis of the medical imaging informatics market, Frost & Sullivan recognized Calgary Scientific Inc. with the 2014 North American Frost & Sullivan Award for Growth Capital Investment Opportunity.Calgary Scientific thrives on continuous innovation of patentable technologies as well as direct integration with global partners. Its next-generation Web, cloud, mobility and enterprise-class software applications are currently offered through the PureWeb and ResolutionMD product lines, with two more cloud and collaboration products set to be launched in Q1 2015.Through PureWeb, traditional legacy modernization and back-end enterprise systems integration are made less risky, less costly and dramatically more rapid, as no source code must be modified during the PureWeb enablement process. Similarly, through ResolutionMD, medical professionals can securely locate and utilize patient images and reports, as well as a variety of other data and file types, from diverse computers and mobile devices. It also enables them to collaborate in real time with other practitioners and enable more accurate, fully U.S. Food and Drug Administration (FDA) Class II-accredited medical diagnosis from any location.The company currently holds 22 issued and more than 145 pending patents for its technologies, including more than 50 unique patent families, many filed globally. This represents a highly impressive patent portfolio of unique intellectual property, as most rival software companies have one or two patents, if any at all.”Importantly, Calgary Scientific Inc.’s extremely capable management team boasts the right combination of experience, expertise and decision-making capabilities,” said Frost & Sullivan Senior Research Analyst Saneesh Edacherian. “Owing to its combined expertise, Calgary Scientific Inc. has been able to raise approximately $43 million as of June 2014 through seven rounds of equity funding and $5 million in debt funding.”To date, Calgary Scientific Inc. has signed close to 50 global OEM/white label partners and OEM resellers, including Siemens, Fuji, Hitachi Data Systems, Yokogawa, Dajia, Infinitt, Hyland Software and Allscripts. Between 2012 and 2013, Calgary Scientific Inc. grew by more than 50 percent year over year in revenues. The company is consistently striving to be on target in revenues, and has managed to achieve a year-on-year growth rate of over 107 percent over 2013.”The company employs a two-pronged approach to increase its clientele and improve its product offerings. It consistently engages with new OEMs in new geographies as well as existing partners in new geographies,” noted Edacherian. “It is also currently expanding its business to encompass computer-aided design (CAD) and engineering divisions with the projected launch of its own Web/cloud, mobile and collaboration-enabled version of a CAD product.”Each year, Frost & Sullivan presents this award to the company that demonstrates outstanding operation and execution capabilities, backed by a management team with a successful track record, ability to execute and considerable industry experience. The award recipient has in place a solid expansion and positioning strategy, and outperforms its rivals in funding history as well as the strength and quality of additional investors.For more information: FacebookTwitterLinkedInPrint分享 Building the Right Team for Success in the Consolidated Enterprise – Part 2Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 9:52Loaded: 1.65%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -9:52 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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This modal can be closed by pressing the Escape key or activating the close button. 360 Photos | Ultrasound Imaging | July 11, 2019 360 Degree View of a Smartphone Performing a Cardiac Ultrasound Exam This 360 degree photo shows a basic, point-of-care cardiac echocardiogram being performed using a smartphone turned i read more News | January 21, 2015 Frost & Sullivan Awards Calgary Scientific for Major Growth in 2014 Operational efficiency, high levels of product innovation among criteria Videos | Enterprise Imaging | July 08, 2019 VIDEO: Building the Right Team for Enterprise Imaging Success — Part 1 ITN Associate Editor Jeff Zagoudis speaks with Don Dennison read more Technology | Cybersecurity | August 07, 2019 ScImage Introduces PICOM ModalityGuard for Cybersecurity ScImage Inc. is bridging the gap between security and functionality with the introduction of the PICOM ModalityGuard…. read more News | Enterprise Imaging | July 29, 2019 Philips Announces 10-year Enterprise Informatics Agreement With Centre Hospitalier Régional Universitaire de Nancy Philips and Centre Hospitalier Régional Universitaire (CHRU) de Nancy, a leading academic hospital in the Grand Est… read more Related Content Technology | Enterprise Imaging | July 05, 2019 Hyland Healthcare Adds ImageNext Imaging Workflow Optimizer to Enterprise Imaging Suite Hyland Healthcare is launching ImageNext, a vendor-neutral imaging workflow optimizer that combines intelligent imaging… read more News | Electronic Medical Records (EMR) | August 01, 2019 DrChrono Teams With DeepScribe to Automate Medical Note Taking in EHR DrChrono Inc. and DeepScribe announced a partnership so medical practices using DrChrono EHR can use artificial… read more Video Player is loading.Building the Right Team for Enterprise Imaging Success – Part 1Play VideoPlayMuteCurrent Time 0:00/Duration 8:44Loaded: 1.86%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -8:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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News | PACS | August 08, 2019 NetDirector Launches Cloud-based PDF to DICOM Conversion Service NetDirector, a cloud-based data exchange and integration platform, has diversified their radiology automation options… read more Videos | Enterprise Imaging | July 09, 2019 VIDEO: Building the Right Team for Enterprise Imaging Success — Part 2 ITN Associate Editor Jeff Zagoudis speaks with Don Dennison read more News | PACS | July 02, 2019 Laurel Bridge and 3M M*Modal Partner to Improve DICOM Structured Reporting July 2, 2019 — Laurel Bridge Software announced an expanded relationship with 3M M*Modal, a provider of clinical docu read morelast_img read more