first_imgAir Force brings in a record of 12-13 (4-3 in Mountain West Conference play). The Wolverines lead the Bears 36-19 all-time. Written by The Bears are led on the season by sophomore utility player Jake Gitter in batting average (.354). Sophomore infielder Matt Zoba (3 home runs) is Northern Colorado’s leading home run hitter and the RBI leader for the Bears is redshirt senior outfielder Jack Pauley (15 RBI). Junior right-handed pitcher Jesse Schmit is Utah Valley’s leader on the mound, with a record of 2-3. Junior outfielder Alexander Marco leads the Wolverines in batting average (.347), home runs (5) and RBI (22). After this, the Wolverines will continue their road trip at Colorado Springs, Colo. against Air Force in a non-conference series against the Falcons April 8 and 9. Freshman infielder Alexander Pup leads the Falcons in batting average at a .307 clip. April 4, 2019 /Sports News – Local UVU Baseball Visits Northern Colorado and Air Force on Road Trip Tags: Air Force/Alexander Marco/Alexander Pup/Ashton Easley/Jack Pauley/Jesse Schmit/Matt Zoba/Nic Ready/Northern Colorado/UVU Baseball The Wolverines and Falcons’ series is currently tied 8-8 all-time. Senior infielder Nic Ready is tied for the team lead in home runs with 3 and leads Air Force in RBI with 17. Junior outfielder Ashton Easley also has 3 home runs for the Falcons. FacebookTwitterLinkedInEmailGREELEY, Colo.-This weekend, Utah Valley baseball (5-22, 2-4 in WAC play) visits the Northern Colorado Bears (6-18, 2-4 in conference play) as their WAC season continues. Brad Jameslast_img read more

first_imgRED BANK – The Red Bank Volunteer Fire Depart­ment held its annual chiefs election at the Red Bank Borough Courthouse. Members selected Thomas “TD”’ Doremus as chief for 2013, Thomas J. Welsh as first deputy chief and Joseph Lauterwasser as second deputy chief.Doremus is the fifth generation from his family to be a member of the Red Bank Fire Department, following his dad Thomas and his grandfather, Albert, as chief of the department.Red Bank Fire Chief Joshua Sanders (second from the left) congratulates incoming Chief Thomas “TD” Doremus and hands over the chief’s helmet to him as First Deputy Chief Thomas J. Welsh (left) and Second Deputy Chief Joseph Lauterwasser look on.Welsh is on his second, three-year term as a chief serving the Red Bank community. He is also a Red Bank fire marshal. Lauterwasser is a second-generation firefighter. His father George is a former departmental chief.A reception and celebration was held Tuesday, Dec. 4, at Independent Engine Company on Mechanic Street following the election. Mayor Pasquale Menna and Red Bank Fire Commis­sioner Arthur Murphy said a few words and commended the department on the excellent job it did during and after Super Storm Sandy. The borough officials then presented the new chiefs with their badges. Fire department members stop­ped by throughout the evening to congratulate the new chiefs.last_img read more

first_imgAnd that energy will benefit the organization and its slate of candidates, Brown is convinced.Brown, 46, is a Long Branch native who was chosen late last month to succeed Vin Gopal as the party’s chairman, an unpaid position. Gopal decided to step down last month from his chairman role, which he held since 2012. Gopal plans to run as the Democrat for the state Senate seat for the 11th Legislative District, currently held by Republican Jennifer Beck.Brown initially faced competition from Spring Lake Heights resident Lorna Phillipson for the chairmanship. Phillipson, who ran unsuccessfully last year for the U.S. House of Representatives against longtime incumbent Chris Smith, dropped out of the chairmanship race after being injured in a car collision.Brown will serve out the remainder of Gopal’s term, which runs to June 2018.Brown works as the borough administrator for Roselle, in Union County, and had been active in the Monmouth County party, serving as the organization’s treasurer. He had sought elected office, having run unsuccessfully for Long Branch City Council a few years ago. “I’ve been a Democrat all my life,” he said, explaining that means, “I believe in Democratic values and the Democratic (party) platform,” on issues. The issues, he said, involve supporting equal pay for men and women, available and affordable health care, and protections against discrimination, among others.As chairman, Brown sees his job as being the “servant/ leader” of the party and following its wishes. “And it’s not easy,” he conceded, attending to the disparate interests in a large, diverse county like Monmouth. “Sometimes it’s like being (King) Solomon,” trying to keep that balance, he kidded.But one of the chairman’s major responsibilities is getting candidates elected. He said there is “a lot of enthusiasm and energy of new Democrats coming out I believe will translate into additional votes.”The Democrats could use it. Monmouth County’s current voter registration gives Democrats a slight edge with 105,000, compared to 101,000 Republicans. But what makes or breaks countywide elections here in Monmouth are the independent/unaffiliated voters, which total about 208,000. And while there are the occasional bright spots for Democrats – sometimes winning a county freeholder seat (even taking control of the five-member freeholder board for a year in 2009, the first time in more than a generation), and shoring up majorities in some municipalities, the county has been consistently Republican red. Last year’s election was no different, with the GOP incumbents handily winning county races, and Donald Trump carrying the county easily. “We’re trying to craft our message,” Brown said, with hopes of appealing to a Trump backlash. “We’re going to be the anti-Trump,” he said, charging the president “rules by fear and chaos.”To do that, “We want to put in good candidates who will govern by good government.”And that means selecting those candidates. That too, he acknowledged, is a tough process to find qualified candidates who can appeal to a broad cross-section of voters and be up to the increasingly rough-and-tumble world of a political campaign, which has become the case even for state or county campaigns.The county organization will hold a convention early this spring to formally select its slate of candidates for the Senate and Assembly races for the 11th, 12th, 13th and 30th Districts; presumably the 11th Assembly members Joann Downey and Eric Houghtaling will be running for re-election. Those Democrats defied expectations and won in 2015, ousting two veteran Republicans.The county organization has already thrown its support behind Monmouth County’s own Philip D. Murphy for the governor’s race. Murphy, Middletown, has been winning over Democratic organizations and garnering union support in his bid to win the competitive nomination race and go on to the general election in November. “And with Phil Murphy on the top of the ticket,” Brown offered assuredly, “I believe the Monmouth County Democrats will thrive.”center_img By John BurtonHAZLET – The old Chinese expression “May you live in interesting times” is certainly holding true for the national political scene and it is benefiting the county Democrats, according to the organization’s newly elected chairman, David Brown.The election of Republican President Donald J. Trump and ongoing controversies surrounding his administration and policies has, in some ways, sparked interest in the local Democratic party, with newly registered party members and some longtime ones having become galvanized and energized, believes Brown.Complacency had been “just everywhere,” in the Democratic body politic, especially since Barack Obama was elected president and then re-elected by a majority of voters, Brown said during an interview with The Two River Times conducted on Feb. 6 at the county organization’s headquarters in the Airport Plaza shopping center on Route 36.“But now people are concerned,” over the new administration’s actions, he continued. “That complacency now is being evaporated by enthusiasm.”Matthew Anderson, the county organization’s executive director, followed up by noting organization meetings – usually marked by pretty low attendance, with just the stalwart of committee members on hand – have seen surprisingly large turnouts. So much so, that Anderson said they’re looking for larger venues to accommodate the audience.“Normally we struggle,” to round up volunteers and organization members, Brown acknowledged. “But in this environment Democrats are coming out in droves.”last_img read more

first_imgBrace for potentially devastating typhoon approaching PH – NDRRMC Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Read Next MOST READ LATEST STORIES Slow and steady hope for near-extinct Bangladesh tortoises Riding the wave NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers 2 ‘newbie’ drug pushers fall in Lucena sting John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding AFP official booed out of forum Typhoon Kammuri accelerates, gains strength en route to PH Don’t miss out on the latest news and information. Michael Christian Martinez of the Philippines performs during the men’s short program figure skating in the Gangneung Ice Arena at the 2018 Winter Olympics in Gangneung, South Korea, Friday, Feb. 16, 2018. (AP Photo/David J. Phillip)Michael Christian Martinez had a flawless run in the short program round of the men’s single figure skating in the 2018 PyeongChang Winter OIympics Friday at Gangneung Ice Arena.Performing sixth in the first wave of skaters, the 21-year-old skated to the tune of “Emerald Tiger” by Vanessa-Mae.ADVERTISEMENT Martinez scored 55.56 points from his performance, 26.04 from the technical elements and 29.52 from presentation without deductions, good for fifth place in the first group.Vincent Zhou of USA topped the competition after the first group with his 84.53 points.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutThe top 24 skaters in the short program will advance to the free skate round on Saturday. Onyok Velasco see bright future for PH boxing in Olympics PLAY LIST 00:45Onyok Velasco see bright future for PH boxing in Olympics00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City View commentslast_img read more

first_imgMOST READ Ajax players celebrate after the Champions League round of 16 second leg soccer match between Real Madrid and Ajax at the Santiago Bernabeu stadium in Madrid, Tuesday, March 5, 2019. Ajax won 4-1. (AP Photo/Bernat Armangue)Yet again, Ajax has assembled a young, entertaining team — one that fans want to watch but rivals want to avoid.Frenkie De Jong and Matthijs de Ligt have a chance to continue a not-so-proud Dutch tradition of playing beautiful soccer before being sold to wealthier clubs.That’s what happened back when Ajax won three straight European Cup titles from 1971-73 with players like Johan Cruyff and Johan Neeskens, and again in 1995 with Clarence Seedorf, Edgar Davids and Patrick Kluivert.Ajax, which beat defending champion Real Madrid 4-1 in Spain to advance, is the only quarterfinalist that started in the qualifying rounds, way back in July.BARCELONAADVERTISEMENT View comments P2.5 B shabu seized in Makati sting, Chinese national nabbed Phisgoc reopens talks with MOA for SEA Games basketball venue Lacson backs proposal to elect president and vice president in tandem Don’t miss out on the latest news and information. Barcelona’s Lionel Messi, left, celebrates after scoring his side’s third goal during the Champions League round of 16, 2nd leg, soccer match between FC Barcelona and Olympique Lyon at the Camp Nou stadium in Barcelona, Spain, Wednesday, March 13, 2019. (AP Photo/Emilio Morenatti)Surprisingly, Barcelona has reached only one Champions League final in the last seven years — even with Lionel Messi on the field.Messi was certainly a key component in the last 16 against Lyon on Wednesday, scoring two goals in the 5-1 rout and keeping Barcelona on track for another treble of titles.Barcelona also leads the Spanish league and recently beat Real Madrid to reach the final of the Copa del Rey.JUVENTUSJuventus’ Leonardo Bonucci, centre left and Cristiano Ronaldo hug at the end of the Champions League round of 16, 2nd leg, soccer match between Juventus and Atletico Madrid at the Allianz stadium in Turin, Italy, Tuesday, March 12, 2019. (AP Photo/Luca Bruno)Juventus’ offseason move to sign Cristiano Ronaldo was intended to end a 23-year wait for a third European title.It’s working so far.Ronaldo delivered another career-defining performance, scoring a hat trick against Atletico Madrid to overturn a 2-0 first-leg loss. His legal issues in the United States, where he has been accused of rape, seemed a world away.Ronaldo is looking to join Seedorf as the only players to win the European Cup or Champions League with three different clubs. Veteran Juventus defenders Giorgio Chiellini and Leonardo Bonucci, along with coach Massimiliano Allegri, just want a first title after losing in the final in 2015 and ’17.LIVERPOOLA finalist last season and now in the quarterfinals again, Liverpool is back at Europe’s top table. 1 dead, 3 injured in Quezon road crash PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss The plan for the Super League was traced back to Real Madrid, while Bayern Munich has previously been revealed as another team seeking a breakaway.Both of those teams were eliminated in the last 16.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesHere’s a look at the teams that did make it through to the quarterfinals:AJAX Trump campaign, GOP groups attack Google’s new ad policy GENEVA— Three of the eight teams in Friday’s draw for the Champions League quarterfinals are three of the hundreds of teams that would have been excluded from a proposed Super League.Ajax, Porto and Tottenham were all left off the list of 16 teams included in the breakaway proposal — a proposal exposed last year and widely denounced.ADVERTISEMENT Urgent reply from Philippine ‍football chief Private companies step in to help SEA Games hosting LATEST STORIES SEA Games hosting troubles anger Duterte TOTTENHAMTottenham manager Mauricio Pochettino smiles prior the English Premier League soccer match between Tottenham Hotspur and Arsenal at Wembley stadium in London, Saturday, March 2, 2019. (AP Photo/Tim Ireland)Tottenham is in the quarterfinals for only the second time, despite not buying any players in the past year.That highlights the extraordinary job coach Mauricio Pochettino is doing with a tight-knit squad — headlined by England striker Harry Kane and Denmark playmaker Christian Eriksen — and an ever tighter budget.Tottenham’s new stadium, built on the site of its former White Hart Lane ground in north London, should finally get to host a Champions League game after season-long construction delays and safety concerns.If Tottenham is drawn at home for the first leg on April 9-10, it could even officially open the new arena.Sports Related Videospowered by AdSparcRead Next Manchester United caretaker head coach Ole Gunnar Solskjaer celebrates after the Champions League round of 16, second leg soccer match between Paris Saint Germain and Manchester United at the Parc des Princes stadium in Paris, France, Wednesday, March. 6, 2019. (AP Photo/Francois Mori)Twenty years after scoring the winning goal for United in a Champions League final, Ole Gunnar Solskjaer is looking to lead the team to the title as manager.After his understrength team’s amazing comeback at Paris Saint-Germain from a 2-0 first-leg loss, who would bet against them?There’s a “nothing to lose” feel about United, which was a huge outsider when qualifying for the knockout stage under Jose Mourinho.Solskjaer has restored some of the team’s belief and attacking swagger in three months in charge. See especially Paul Pogba and Romelu Lukaku.It might not be enough for a fourth European title but it should be fun watching.PORTOPorto is, perhaps, the team everyone else in the draw wants to face.Coached by former player Sergio Conceicao, Porto is looking to go beyond the quarterfinals for the first time since 2004 when Jose Mourinho led the team to its second title.Porto has flavors of South America and Mexico in the team, plus a foundation of Champions League-winning former Madrid veterans: 37-year-old goalkeeper Iker Casillas and 36-year-old defender Pepe, who returned to his former club in January.Like Liverpool, Porto has a strong African influence in attack with Mali forward Moussa Marega its top scorer with six goals in the competition. The mature way the five-time European champions dealt with Bayern Munich in their 3-1 away win in the last 16 showed how far they have come under Juergen Klopp over the past two years.It was fitting that a goal by Virgil van Dijk proved to be key in Munich, with the arrival of the center back for $99 million in January 2018 shoring up a defense that had been shaky in Klopp’s first two years in charge. Liverpool also now has a world-class goalkeeper in Brazil international Alisson Becker.Few will relish going to Anfield in the last eight. Just ask Manchester City, which was swept aside 3-0 in the first leg last year to virtually end its Champions League ambitions.MANCHESTER CITYThis season seems like City’s best chance to become European champion since being taken over by its Abu Dhabi owners in 2008.No longer Champions League novices, City is in the quarterfinals for the third time in four years.The depth in Pep Guardiola’s squad is fueling a challenge for an unprecedented quadruple of trophies, having already won the English League Cup.City has benefited from benign draws, with Schalke shaping up as the weakest round of 16 option. City won 10-2 over two legs.A two-leg quarterfinal against Liverpool, its Premier League title rival, or against Manchester United, its neighbor, would be quite an experience.MANCHESTER UNITED Hong Kong tunnel reopens, campus siege nears endlast_img read more

first_imgShare on Pinterest Share on Twitter Netherlands into last 16 after Vivianne Miedema double against Cameroon Tuesday: Montpellier–Paris– Rennes–ParisBooked on the first train from Montpellier to Paris, I was left hanging after my taxi failed to show. That meant a second booking that was as pleasant to pay for as being kicked in the shins. After a long delay in Paris I arrived in a wintry Rennes surrounded by people in heavy coats and scarves – all looking at me in my shorts and T-shirt rather oddly. A weather delay forced me to leave Sweden v Chile early, my back turned seconds before Kosovare Asllani opened the scoring 83 minutes in. With 1,000 miles in the bag for the day I crawled up the hill to the Murder Basement hoping for a reprieve.Wednesday: Paris–Le HavreSwitching things up, I headed to Le Havre to do a guest spot on Radio Five Live, for France v Norway, with Caroline Barker. Originally meant to be recorded in her hotel room (not as dodgy as it sounds), we were forced to relocate to a local smoke-riddled bar. Yet the recording went smoothly – despite, or probably because of, a cacophony of double entendres from the charming presenter – however, the half-cooked pommes on the menu did not quite go down so well.The day’s overriding memory? Discovering the toilet at my hotel did not have a flush, after using it.Thursday: Le Havre–ParisOut of Le Havre on the 6am coach, I stopped by the Airbnb to grab every item of clothing I own (aka, a week’s worth of washing) to venture to my first ever laundromat. Managing to avoid flooding the place, I picked up a scandalously tasty cake from a patisserie across the road before China v South Africa (a flat 1-0).Friday: Paris–Rennes–ParisFeeling worse for wear, I peeled myself out of the squeaky basement bed and delicately made for the coach station. The four-hour trip to Rennes was perfect for a nap in lieu of actual sleep. The match was another frustrating one for the Scots, who once again lost 2-1, having looked as if they were up for it, in the last 20 minutes. Shelley Kerr was measured in her press conference but Fifa’s translation of Asako Takakura’s comments was a confused, delayed stream of nonsense. I was tired again, or still, and headed back to Paris.Saturday: Paris–Valenciennes–ParisValenciennes had been invaded by the Dutch, the town painted orange by their rambunctious fans, the match gritty and raw – like my inflamed throat. The World Cup (or the Murder Basement) had given me freshers’ flu but, like every footballer in France, I was readying myself to go again. After all, I had only a few hours until the next match … Topics Share on LinkedIn Reuse this content Share on Messenger The Observer Women’s World Cup 2019 Sunday: Reims–Paris–NiceWhen the day starts off watching an Australian and American play Game of Thrones pinball in a bar in Reims something has either gone very wrong or very right with your night. It was the afters of Norway v Nigeria and failed to prepare me for the next 24 hours. I got the first train from Reims to Paris, rushed back to my Airbnb (or, as it has been dubbed on Twitter, the Murder Basement) and left again for the airport. On track to make my flight until the train stopped, the garbled message from the conductor was enough to get me off and order an extortionate Uber. I made the flight and the match by virtue of a delay. Back in the centre of Nice after England v Scotland I made for my hotel only to be told the room had been cancelled and they had nothing more.Monday: Nice–MontpellierHaving kipped with a colleague, I set off for Montpellier with two other journalists and, other than the Observer’s Suzy Wrack driving across the motorway in Provence with a door open, the jaunt was largely uneventful. The match was Canada v Cameroon and the drive may have been more exciting. Women’s World Cup France Share via Email Share on WhatsApp Read more features Women’s football Share on Facebooklast_img read more

first_imgThe iconic Yass Touch Knockout will again be held on the Australia Day weekend (24 and 25 January 2009). The biggest touch knockout in Australasia is celebrating 21 years next year and is calling on teams to help them enjoy the party.The six a side competition will hold men’s, women’s and mixed divisions in A and B divisions.$12,000 prize money is up for grabs in the two day knockout which will be held at Walker Park. The tournament which attracts teams from all across Australia and beyond has long been a solid hit-out for teams in preparation for the National Touch League. If you wish to participate in this unique Touch Football event, visit the Yass Touch website – or see the attached Nomination Form.Nominations close on Friday, 9 January 2009.Thanks to Rod Wise for providing the article content.Related Files2009_yass_touch_knockout_form_211008-pdflast_img read more

first_imgjaron blossomgame seals win over Duke with a dunk.ESPNJust when you thought ACC basketball couldn’t be deeper, Clemson is throwing its name in the ring with an incredibly impressive win streak. The Tigers, picked to finish 12th in the league, have now won four straight against Florida State, at Syracuse, vs. Louisville, and now vs. Duke. Star forward Jaron Blossomgame led the way for the Tigers with 17 points, none bigger than the dunk which put Clemson up 66-63. Duke could not score on the ensuing possession, and Clemson held on for a 68-63 win.#SCtop10 Clemson ballin tonight— Asher Lucas (@AsherLucas) January 14, 2016(Click here for a better video, via ESPN.)With a 4-1 record in league play, the Tigers are making some serious noise.Brad Brownell has now beaten Syracuse, Louisville, & Duke back-to-back-to-back. That deserves a free meal folks. Palpable buzz at Clemson.— Jon Rothstein (@JonRothstein) January 14, 2016The court rush left something to be desired, however.That moment when you watch Clemson beat Duke… @kendallsilvers— James Mattos DeHart (@MattyIceBaller) January 14, 2016Clemson is now 11-6 overall, and seem to be improving by the game. This is not a bad year at all for Clemson Tiger fans.last_img read more

first_imgInteroperability will be a key element for the container shipping industry to transform and adapt to the digital era, according to Swiss-based shipping major Mediterranean Shipping Company (MSC).MSC is one of the four founders of the Digital Container Shipping Association (DCSA) that was officially established in April this year.Together with Maersk, Hapag-Lloyd and Ocean Network Express (ONE), MSC wants to create common information technology standards to make the industry more efficient.World Maritime News spoke to Andre Simha, Chief Information Officer of MSC, on the container shipping industry’s response to DCSA since the partners first announced the cooperation on the matter.“MSC has had extremely positive feedback from customers and vendors and DCSA itself has felt good vibes from a number of different carriers,” Simha revealed.“The industry realizes that the initiative behind the DCSA is necessary in order to help all actors in the supply chain to become more efficient and improve interoperability.”“Indeed, we predict that within a couple of years everyone will become more familiar with this word, which signifies such a crucial element of how we need to evolve as an industry: interoperability,” Simha, who is also the Chairman of DCSA, pointed out.Specifically, the ultimate goals of the newly created association include simplification, efficiency for all and interoperability at various levels.Speaking about the future of shipping and what the industry needs to change to get there, Simha said that the future “is really all about collaboration and simplification of some of the outdated processes in the industry.” He added that standardizing the way in which we communicate with others in the industry is, in part, the way to achieve this.Related: Digital Standards Will Not Rule Out CustomizationWhen asked about the association’s plans on how to incentivize standardization besides the likely benefit of speeding up operations, Simha replied:Andre Simha. Image Courtesy: DCSA“The advantage of having major carriers on board is that we can ensure that the standards we create or adopt are actually implemented. This is the weak point of some of the other associations that do not have the capacity to implement their standards.”“I believe part of the argument on standardization has already been won, among those who will be closest to the implementation of new digital industry standards, and I personally have been making the case for some time now. The DCSA will help to raise awareness of the benefits across a wider audience,” he said.As explained by Simha, digitalization means many things to many people.“At its core, it is all about revisiting tedious processes and where possible simplifying them and automating some to improve execution speed and allow staff to focus on better service to our customers,” according to Simha.When it comes to challenges in digitalization of business operations from MSC’s view, Simha noted:“I have been through many different types and phases of digitalization over three decades of my career. The challenges today have crystallized as the necessity for digital standards.”“As a carrier, MSC plans to ensure that the standards that the DCSA will embrace from existing initiatives, or produce afresh, will be implemented by MSC as a carrier,” he further said.As previously announced, the association has no intention to develop or operate any digital platform.“It’s more about ensuring that the ‘new’ digital collaboration platforms have the appropriate standards to begin with and ensure interoperability between them and the other actors in the supply chain. We all have to gain efficiencies in this mode,” Simha concluded.World Maritime News Staff; Image source: Flickr – under the CC BY 2.0 license; Image by: Kees Tornlast_img read more

first_imgTORONTO – Canada’s main stock market index regained some ground Wednesday as rising oil prices helped boost the energy sector and the Royal Bank of Canada posted record third-quarter earnings.Energy was definitely the leader as the sector gained 1.7 per cent, followed closely by cannabis-heavy health-care stocks, said Michael Currie, vice-president and investment adviser at TD Wealth.“Energy is leading because we had a nice day for oil,” he said in an interview.Crude hit a two-week high after rising 3.1 per cent in part due to talk of U.S. sanctions on Iran and a big drop in U.S. crude stockpiles. They fell by 5.8 million, almost four times more than had been anticipated.A dip in the value of the U.S. dollar usually helps the Canadian dollar.“Normally you would see the Canadian dollar perk up a little more than it did on that kind of news on oil,” Currie said.The Canadian dollar averaged 76.83 cents US, up 0.12 of a U.S. cent.The S&P/TSX composite index was up 50.37 points at 16,347.34 after hitting an intraday high of 16,397.08 with 200.2 million shares traded.The health-care sector gained 1.55 per cent as Canopy Growth Corp. continued its hot streak, gaining $1.84 or 3.66 per cent at $52.10. Bausch Health Companies Inc. (formerly Valeant Pharmaceuticals) gained 3.56 per cent to $30.24.Financials was up, led by the Canadian Western Bank and the Royal Bank of Canada. The country’s largest bank by market capitalization delivered a record $3.1 billion in net income for its fiscal third quarter, up 11 per cent from a year ago and hiked its quarterly dividend.“We’re seeing good numbers and of course that was the first one to report of the big banks and it is the biggest and so good news to start and that’s got a big push in Toronto,” Currie added.Information technology, materials and real estate sectors all gained while utilities, consumer staples, industrials, consumer discretionary and telecom services closed down.In New York, the Dow Jones industrial average was down 88.69 points at 25,733.60. The S&P 500 index was down 1.14 points at 2,861.82, while the Nasdaq composite was up 29.92 points at 7,889.10.Most of the decrease came in response to Federal Reserve minutes which pointed to a faster pace of interest rate hikes and the fact that the S&P 500 is coming off an all-time high hit during Tuesday trading.Growing impeachment talk concerning U.S. President Donald Trump following a guilty plea by his former lawyer Michael Cohen and the fraud conviction of his one-time campaign chairman Paul Manafort isn’t having an impact on markets, said Currie.“On the Main Street side of things it’s a big topic [but] on the Wall Street side of things people are kind of dismissing it as a bit of a non-event,” he said.The October crude contract was up US$2.02 at US$67.86 per barrel and the October natural gas contract was down two cents at US$2.94 per mmBTU.The December gold contract was up US$3.30 at US$1,203.30 an ounce and the September copper contract was down 2.2 cents at US$2.67 a pound.last_img read more