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John Lewis sales accelerating

first_img RETAILER John Lewis said year-on-year department store sales accelerated last week, shrugging off fears that prospective tax rises and employment uncertainty would hit consumer spending.The employee-owned firm, traditionally seen as a bellwether of the UK retail sector but which has outperformed competitors for over a year, said sales at its 28 department stores and one “at home” store grew 15.5 per cent to £52.5m in the week to 7 August.“The first week of the half year, and a vibrant performance to get us under way as we generated sales 15.5 per cent ahead of last year’s mark. Branch teams reported significant footfall, particularly on Saturday,” said Chris Hooper, John Lewis’ head of operational support.The department store outcome followed rises of 5.3 per cent and 8.2 per cent in the previous two weeks respectively, but concerns about future growth in the retail sector persist.“In light of forthcoming VAT increases, concerns about public spending cuts and worries about the housing market, we believe spending is likely to be subdued over the next quarter,” said Seymour Pierce analyst Freddie George.John Lewis also owns the 231-store Waitrose supermarket chain, where week to 7 August sales rose 10.3 per cent to £89.6m, underlining its status as one of the UK’s fastest growing grocers.“There is no doubt, we believe, the company, as is M&S, is benefiting from householders staying at home during the holiday season and eating out less after the (soccer) World Cup,” said George. John Lewis sales accelerating John Dunne Show Comments ▼ Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot whatsappcenter_img Tags: NULL Friday 13 August 2010 3:25 am whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndolast_img read more

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Broad based recovery as GDP growth stuns critics

first_img Broad based recovery as GDP growth stuns critics More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPuffer fish snaps a selfie with lucky divernypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com KCS-content Share THE UK economy has confounded forecasts by growing 0.8 per cent during the third quarter of this year. Consensus was for an expansion of 0.4 per cent, on the basis of slowdowns in consumer spending, house prices and declining sentiment in PMI surveys.Unexpectedly strong figures for the construction sector were one reason for the surprise: the sector accounted for a quarter of the overall 0.8 per cent rise, despite making up only six per cent of the economy. Construction grew four per cent quarter-on-quarter, faster than services or manufacturing, which each grew 0.6 per cent. Services account for 76 per cent of GDP.Government output growth expanded 0.6 per cent, also above expectations. It is not yet clear whether the construction sector’s strong performance is due to private or public investment and therefore what effect government spending cuts will have.The figure means that the economy as a whole has now grown 2.8 per cent since the end of the recession, in line with recovery speeds after previous downturns. It has prompted economists to revise their overall forecasts for GDP growth to around two per cent for the year, up from many previous estimates of 1.5 per cent. The data release came as ratings agency Standard & Poors raised the outlook on the UK’s AAA credit rating to stable from negative, citing reduced uncertainty about the coalition’s deficit reduction plan.But economists warned that the strong growth might be only a temporary respite. RBS’s Ross Walker, whose GDP tracker correctly forecast the surprise figure, thinks that the fourth quarter will see growth halve to 0.4 per cent.“The recent headline growth rates are obviously not sustainable,” he says. “The construction sector was hit hard during the recession so this is partly a private-sector rebound. The services PMI is the chink in the third-quarter GDP armour, with risk of further moderation or sluggish growth.”But he says the distribution of the growth raises the possibility that the economy could rebalance away from a concentration in services. Expectations are now that the Bank of England (BoE) will wait for more data before kicking off any quantitative easing (QE) programme. Some had anticipated a possible resumption of asset purchases next month.Schroders’ Azad Zangana says: “Even using pre-crisis measures of trend growth, this figure is above trend. With inflation still running above the BoE’s three per cent upper limit, it will be incredibly difficult to justify resuming QE in November.” whatsapp whatsappcenter_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ Tuesday 26 October 2010 8:22 pmlast_img read more

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888 maintains momentum as revenue reaches all-time high in Q1

first_imgIn addition, 888 highlighted the ongoing rollout of its “Control Centre” safer gambling suite, which extended to further products and countries as part of its ongoing investment in responsible gambling initiatives. “As a result, and underpinned by the group’s strengths as a product-centric, responsible, and diversified operator, the board believes that 888 has an outstanding platform to deliver continued strategic progress during 2021 and beyond.” “We are excited about the US, where we plan to roll out sports into further states in the next few months, and launch our upgraded poker platform into further states in partnership with Caesars and their leading and hugely popular WSOP brand,” Pazner said. 888 added it will continue to increase investment in product and marketing to support long-term growth, which it said would allow adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to be broadly consistent with 2020, despite more investment in US B2C expansion. Overall revenue for the three months to 31 March reached $262.8m (£189.4m/€217.8m), compared to $156.9m in Q1 of 2020, representing a 66% year-on-year increase and 56% rise on a constant currency basis.  “The strong momentum in 2020 has continued into the first quarter of 2021, with a new all-time-high for FTDs [first-time deposits] and revenues, although year-on-year trends were partly inflated by the disruption to sporting events at the end of the prior year period, and increased demand for digital entertainment during this period across our main markets,” 888 chief executive Itai Pazner (pictured) said. Topics: Finance Q1 results 2021 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Turning to B2B operations, revenue here increased by 27% year-on-year to $9.7m, with the operator noting growth within its B2B bingo and US operations during the quarter. Looking ahead to Q2 and beyond, 888 said that year-on-year trends will be impacted by a tougher comparative period, the expected impact of regulatory and compliance changes and the effect of the reopening of retail and leisure venues across our markets, following the easing of novel coronavirus (Covid-19) restrictions in markets worldwide.  Sports stakes were up 38%, while betting net win margin was 8.0%, up from 6.8% in 2020, which the operator said reflected a combination of favourable sport results and a structural improvement in win margin due to the enhanced product and promotional capabilities of its in-house platform. Other highlights for 888 during the period included a 27% increase in average daily first-time depositors and an 18% rise in funded active players.  “We remain very pleased with the strong momentum in the business and the continued positive customer reaction to our suite of new products and innovations.  Online gambling operator 888 Holdings has revealed it was able to achieve record revenue in the first quarter of 2021 after experiencing year-on-year growth across all of its business segments. 888 maintains momentum as revenue reaches all-time high in Q1 Tags: Revenue 888 Holdings Results Revenue from its B2C operations – comprising casino, sports betting, poker and bingo – was up 67% year-on-year to $262.8m, with growth across all four product types within this segment. “We are particularly pleased with the strong performance of our new proprietary 888sport platform, which is already servicing the majority of bets while maintaining strong customer service levels and highly effective risk management and trading.” Turning to sports, revenue here was up 63% to $41.6m. The operator also noted the majority of 888sport volumes were migrated to its new in-house platform during Q1 with almost no interruption to customers.  Casino remained the primary source of B2C income, with revenue climbing 80% to $195.2m. 888 put this down to investment in the casino product over recent years, as well as ongoing development of its artificial intelligence (AI) driven personalisation and continued expansion of content, including the addition of new games from Playtech and its Section 8 in-house studio. Regulated markets accounted for 76% of all revenue in the quarter, as the operator noted particularly strong growth across the UK, Italy, Spain, Romania and Portugal. Email Address 28th April 2021 | By Robert Fletcher Q1 results 2021 Poker revenue increased by 13% to $14.7m, helped by ongoing strong customer reaction to the Poker8 product, while an improved home page and AI features helped push bingo revenue up 16% to $11.4m. Subscribe to the iGaming newsletter “Our differentiated products and our data-driven marketing continued to underpin strong progress, supported by a favourable industry backdrop. last_img read more

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National Bank of Kenya Limited (NBK.ke) HY2011 Interim Report

first_imgNational Bank of Kenya Limited (NBK.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2011 interim results for the half year.For more information about National Bank of Kenya Limited (NBK.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the National Bank of Kenya Limited (NBK.ke) company page on AfricanFinancials.Document: National Bank of Kenya Limited (NBK.ke)  2011 interim results for the half year.Company ProfileNational Bank of Kenya (NBK) Limited is a financial services institution providing banking products and services for the retail, commercial corporate and Islamic banking sectors in Kenya. Its full-service offering ranges from transactional banking products to term deposits, personal loans and overdrafts, insurance premium finance, liquidity management, treasury services, custodial services and asset finance services. National Bank of Kenya offers mortgage products to salaried and business customers under the National Homes brand. The company also offers account relationship management and bancassurance products. It operates through a wide network of branches and ATMs in the major towns and cities of Kenya. Its head office is in Nairobi, Kenya. National Bank of Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

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Wapic Insurance PLC (WAPIC.ng) Q32015 Presentation

first_imgCoronation Insurance Plc (WAPIC.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2015 presentation results for the third quarter.For more information about Coronation Insurance Plc (WAPIC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Coronation Insurance Plc (WAPIC.ng) company page on AfricanFinancials.Document: Coronation Insurance Plc (WAPIC.ng)  2015 presentation results for the third quarter.Company ProfileCoronation Insurance Plc is an insurance company in Nigeria licensed to underwrite all classes of life and non-life insurance for the personal, groups, commercial and industrial sectors. The company has operations in Nigeria and Ghana. General and personal insurance products cover motor, life, investment, yacht, marine and home insurance. Corporate insurance products cover general property insurance, automotive, marine, aviation, all risk, fire and special perils, goods-in-transit and guarantee and liability insurance for the oil and gas, hotel and restaurant, professional firms and associations, manufacturing, education, energy, telecommunication, financial services, trading, religious bodies, contractors, travel agent, real estate and transport sectors. Public sector clients include government ministries and departments, parastatals and agencies. Wapic Insurance Plc was founded in 1958. Its company head office is in Lagos, Nigeria. Coronation Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

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Hords Limited (HORDS.gh) HY2019 Interim Report

first_imgHords Limited (HORDS.gh) listed on the Ghana Stock Exchange under the Agri-industrial sector has released it’s 2019 interim results for the half year.For more information about Hords Limited (HORDS.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Hords Limited (HORDS.gh) company page on AfricanFinancials.Document: Hords Limited (HORDS.gh)  2019 interim results for the half year.Company ProfileHords Limited is an agro-processing company involved in research and development of agricultural products and the production and sales of food and household products in Ghana. The company adds value to raw material such as cocoa, soya and herbs to produce a range of food supplements, breakfast cereals, detergents, disinfectants and laundry starch. Well-known brands manufactured by Hords Limited include Brown Gold, Soyabetix, Cocobetix and Smark Look. Hords Limited targets boarding schools, restaurants, households and corporate institutions. Its distribution footprint extends to regions in West Africa and European sub-regions. Hords Limited is a member of the Association of Ghana Industries (AGI). Hords Limited is listed on the Ghana Stock Exchangelast_img read more

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Annual report shows recent water use increase as rainfall decreases

first_img LEAVE A REPLY Cancel reply UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Please enter your comment! Save my name, email, and website in this browser for the next time I comment. From the St. John’s River Water Management DistrictAnnual reporting conducted by the St. Johns River Water Management District shows that total water use was approximately two percent above the 10-year average, and was 14 percent higher than 2015, while total population increased about two percent. The district’s 2016 Survey of Annual Water Use was presented at the district’s June Governing Board meeting.“On the heels of an unusually dry year, water conservation remains a crucial tactic to ensure sustainable use of Florida’s water,” said St. Johns River Water Management District Executive Director Dr. Ann Shortelle. “We commend the efforts of citizens, local governments, and all water users who make water conservation a year-round priority. No action is too small.”At less than 46 inches, 2016 was the fourth-driest year in the last decade and one of the driest of the last five years.Data collected shows that public supply continues to account for the greatest total water use within the district. Between 2007 and 2016, public-supply water use decreased by 6 percent (from 611.47 million gallons per day (mgd) to 575.29 mgd), while the population served by public supply increased approximately 3 percent (from 4,081,029 to 4,218,862 persons).Factors such as conservation, less landscape irrigation with potable water and increases in multifamily housing occupancy can decrease gross per capita rates. Conversely, expanded tourism and other commercial development, larger irrigated lots, and increases in single family housing can increase gross per capita rates. Since 1978, the population increased by 189 percent while public-supply water use increased by 146 percent.The district has published annual water use data since 1978. These “annual water use surveys” assess total water use, with data arranged by source, the category of use, and county. Water Use amounts are based on the best available data at the time of publication. Published reports can be found on the district’s website,www.sjrwmd.com.About the St. Johns River Water Management DistrictSt. Johns River Water Management District staff are committed to ensuring the sustainable use and protection of water resources for the benefit of the people of the district and the state of Florida. The St. Johns River Water Management District is one of five districts in Florida managing groundwater and surface water supplies in the state. The district encompasses all or part of 18 northeast and east-central Florida counties. District headquarters are in Palatka, and staff also are available to serve the public at service centers in Maitland, Jacksonville, and Palm Bay. Florida gas prices jump 12 cents; most expensive since 2014 Please enter your name here TAGSSt. Johns River Water Management District Previous articleApopka Burglary ReportNext articleApopka Weekly Arrest Report Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter You have entered an incorrect email address! Please enter your email address here Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom last_img read more

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MEMBERS celebrates 10th birthday

first_img  15 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 13 September 2006 | News Visitors can register online. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The MEMBERS (Membership Management Technology Exhibition) is taking place on Wednesday 20 September at the Business Design Centre in London.It is again sponsored by sector supplier CS Group. A number of new exhibitors will be showing their wares alongside some familiar faces. The event also provides a free, comprehensive informative seminar programme which will include discussions on ‘Who needs IT strategy?’ and ‘Innovative Gift Aid’. Many exhibitors will carry out demonstrations of their products and services during the event and presentations will be given throughout the day. Advertisementcenter_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Events MEMBERS celebrates 10th birthdaylast_img read more

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Sen. Young Highlights Conservation, Biotech, and Hemp as Positives for New…

first_imgHome Indiana Agriculture News Sen. Young Highlights Conservation, Biotech, and Hemp as Positives for New Farm… Previous articleNew Technology Brings Large Crowd to Farm ShowNext articleRyan Martin’s Indiana Ag Forecast for December 14, 2018 Eric Pfeiffer Facebook Twitter Sen. Young Highlights Conservation, Biotech, and Hemp as Positives for New Farm Bill By Eric Pfeiffer – Dec 13, 2018 Sen. Young Highlights Conservation, Biotech, and Hemp as Positives for New Farm BillPhoto Credit: Tom Campbell/Purdue UniversityThe entire Indiana congressional delegation voted in support of the 2018 farm bill that is now awaiting President Trump’s signature. Senator Todd Young (R) told Hoosier Ag Today that this bill strengthens the conservation title, something important to Indiana farmers who lead the way with conservation efforts.“The other thing I would highlight is we strengthened biotech advocacy with our international partners. This was not on my agenda until, through a series of town hall meetings related to agriculture around the state, I learned that this is a real priority of our ag community. So, we advocated hard on behalf of these measures and really pleased to see that it is part of the package moving forward.”He also said that this bill provides farmers more flexibility by legalizing industrial hemp at the federal level, paving the way for Indiana to follow suit. Young said he was in support of hemp legalization back during his time as a House Representative.“Since that time, we’ve been able to build more than a measure of consensus that industrial hemp is important to make available to our farmers for planting. We’ve been able to cut through any, perhaps, misinformation that might exist out there about the nature of the plant.”The nutrition title and work requirements delayed passage of this farm bill as Republicans wanted significant changes and Democrats did not.“Though there are some principle disagreements about how we get there, let’s continue to work on this effort, but I would never support taking down the entire farm bill because I didn’t get everything I wanted. That’s why I think it was so important that we gave this Christmas present to Indiana farmers and pass the farm bill.”President Trump is expected to sign the bill next week. Facebook Twitter SHARE SHARElast_img read more

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Four women journalists kidnapped, one subjected to public humiliation, by supporters of female genital mutilation

first_img April 6, 2020 Find out more Receive email alerts Sierra LeoneAfrica Sierra LeoneAfrica The 2020 pandemic has challenged press freedom in Africa November 27, 2020 Find out more Reports News Reporters Without Borders is shocked and appalled by the abduction and intimidation of four women journalists in the eastern city of Kenema on 6 February by members of a women’s secret society that practices female genital mutilation (FGM). One of the journalists was forced to walk naked through the city’s streets.“Such disgraceful behaviour worthy of a bygone age is very damaging to Sierra Leone’s image,” Reporters Without Borders said. “We urge the president to personally intervene in this case to ensure that the perpetrators receive an exemplary punishment. We also urge the minister of social welfare, gender and children’s affairs, Haja Musu Kandeh, to take note of this incident, which is very traumatic for all women in Sierra Leone.”The four reporters – Manjama Balama-Samba of the United Nations radio and the Sierra Leone Broadcasting Service (SLBS), Henrietta Kpaka of the SLBS, Isha Jalloh of Eastern Radio and Jenneh Brima, also of Eastern Radio – were kidnapped on 6 February by members of Bondo, a secret society that practices FGM. The next day, their abductors forcibly undressed Balama-Samba and made her walk naked through the streets.The journalists had been conducting a series of interviews jointly with the Inter-African Committee on Traditional Practices in order to mark International Day of Zero Tolerance of Female Genital Mutilation, which was celebrated on 6 February for the 5th year running. The Bondo group regarded their questions and comments as a sign of disrespect for their traditions.According to UN estimates, 94 per cent of women in Sierra Leone have been subjected to FGM. Sources in Sierra Leone put it at more like 65 per cent, partly as a result of the country’s Christians taking a stand against the practice. The government publicly undertook last year to adopt a law banning FGM but has not yet done so. Follow the news on Sierra Leone RSF_en center_img Help by sharing this information to go further February 10, 2009 – Updated on January 20, 2016 Four women journalists kidnapped, one subjected to public humiliation, by supporters of female genital mutilation News News Coronavirus infects press freedom in Africa Organisation Covid-19 in Africa: RSF joins a coalition of civil society organizations to demand the release of imprisoned journalists on the continent March 29, 2020 Find out morelast_img read more