Indiabulls Real Estate promoters to exit realty sell 14 stake to Embassy

first_imgNew Delhi: Indiabulls Real Estate promoters have sold 14 per cent stake through open market transactions to Embassy Group for Rs 950 crore, as part of the group’s strategy to focus on financial services and exit from realty business. Promoters have around 39 per cent stake in Indiabulls Real Estate, of which 14 per cent, representing over 6.3 crore shares, have been offloaded through bulk deal on Friday. Indiabulls Group is looking to exit the real estate business so that it can get regulatory approvals for the proposed merger of Indiabulls Housing Finance with the Lakshmi Vilas Bank. Also Read – SC declines Oil Min request to stay sharing of documentsWith this deal, Bengaluru-based developer Embassy group will get entry into Mumbai and Delhi-NCR, the two biggest property markets in the country. According to the bulk deal data available on the BSE, promoters entities have sold 6,30,95,240 shares to privately-held Embassy Property Developments Pvt Ltd at Rs 150.45 apiece, aggregating to nearly Rs 950 crore. At this price, the company has been valued at nearly Rs 6,800 crore, higher than the current market cap of nearly Rs 5,800 crore. The share price of Indiabulls Real Estate fell 2.58 per cent on the BSE to close at Rs 128.20 per share. Also Read – World suffering ‘synchronized slowdown’, says new IMF chiefAccording to sources, Embassy Group may buy another 14 per cent in Indiabulls Real Estate, taking its total stake to 28 per cent and triggering an open offer. Indiabulls promoters may retain some stake in the company but will lose management control. Whether Embassy Group is buying stake in Indiabulls Real Estate directly or in partnership with global investment firm Blackstone could not be ascertained. On late Thursday, Indiabulls Real Estate informed BSE that the “promoters intend to dispose-of up to 14 per cent of the fully paid-up share capital of the company (out of the aggregate 38.72 per cent fully paid up share capital of the Company, currently held by them) to third party investors”. The stake sale is in line with the promoters’ strategy to focus on financial services in the long run, it added. Recently, Embassy Office Parks, the joint venture firm with global investment firm Blackstone, launched India’s first Real Estate Investment Trust (REIT) to raise Rs 4,750 crore. The group, which commenced its operations in 1993, is led by CMD Jitu Virwani. The group has developed 54 plus million sq ft of commercial, residential, retail, hospitality and industrial warehouse spaces and holds an extensive land bank of over 1,000 acre across the country. Indiabulls Real Estate has been selling its commercial assets to Blackstone in last few years. In December 2018, it sold 50 per cent stake in two office assets in Gurgaon to Blackstone for Rs 464 crore.last_img read more

The Latest Merkel concerns by Gibraltar impasse on Brexit

first_imgLONDON — The Latest on negotiations over Britain’s exit from the European Union (all times local):10:30 a.m.German Chancellor Angela Merkel says she hopes Spanish reservations about the status of Gibraltar after Britain leaves the European Union can be overcome by the time EU leaders meet Sunday to sign off on the draft Brexit deal.Speaking to lawmakers in Berlin, Merkel said that while her government backs the agreement “we still have the reservations of Spain and I can’t say how we will solve this issue.”The deal, which spells out the conditions of Britain’s exit next year, needs to be approved by the European and British Parliaments.Spanish Prime Minister Pedro Sanchez said Tuesday that his country would vote against the divorce agreement if Gibraltar’s future isn’t considered a bilateral issue between Madrid and London.___9:45 a.m.British Prime Minister Theresa May is flying to Brussels to meet European Commission President Jean-Claude Juncker in a bid to finalize a Brexit agreement between the U.K. and the European Union.The two sides agreed last week on a document sealing the terms of Britain’s departure, but are still working to nail down agreement on future relations.EU leaders are due to meet Sunday to rubber-stamp the deal, but sticking points remain. Spain has said it will vote against if Gibraltar’s future isn’t considered a bilateral issue between Madrid and London.May is under intense pressure from pro-Brexit and pro-EU British lawmakers opposing the divorce deal.Before leaving for Brussels, she will face opponents of the agreement Wednesday during the prime minister’s weekly question-and-answer session in the House of Commons.The Associated Presslast_img read more

January new car preregistration figures

Today, SMMT released figures for January pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in January 2015 that were defined as pre-registrations.CLICK HERE: Download the January 2015 release.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)

Genetic editing could rob world of creative geniuses like Thomas Edison or

first_imgCharles Darwin proved that life adapts to niches not to an idealised model Dr Kozubek said autism should be viewed as ‘a strange gift from our deep past’ which has been passed down through millions of years of evolution.He argues that many genetic variants could be advantageous for creative thought and the negative effects can be tempered by the positive.In November a man in China became the first to be injected with modified immune cells which had been engineered to fight his lung cancer using a technique called Crispr.It works like tiny molecular scissors snipping away genetic code and replacing it with new instructions to build better cells and has been hailed the future of genetic editing. But Mr Kozubek urged caution before removing DNA, which could be inextricably linked to other areas. “Before we begin modifying our genes with gene editing tools such as Crispr-Cas9, we’d be smart to recall that genetic variants that contribute to psychiatric conditions may even be beneficial depending on the environment or genetic background,” he added.Although there are no trials ongoing in the UK at the moment, British scientists have already been at the forefront of genetic editing techniques and are likely to start trials in the near future.Last year scientists at Great Ormond Street Hospital and University College London used a DNA snipping technique called TALEN to create designer immune cells which could hunt out and eradicate the leukaemia of 17 month old Layla Richards.It was so experimental and difficult that it had only ever been tried in mice, and specialists had to apply for emergency permission from health regulators and the hospital’s ethics committee.However Crispr is easier and is likely to make the practice more widespread for a range of conditionsDr Adrian Thrasher of the Molecular Immunology Unit at UCL’s Institute of Child Health said: “At the moment cancer is easiest and safest target as immune cells are modified in lab and given back.“But there are increasing numbers of applications for genetic disease which will be translated over coming years.” Charles Darwin proved that life adapts to niches not to an idealised model Genetic editing to cure future generations of disease and mental disorders could rob the world of the creative geniuses who have transformed society, it has been claimed.Next year, the first large trials will begin in the US and China to tweak the genes of patients suffering from cancer – a breakthrough which could herald a new era of genetic medicine in which any disorder could simply be snipped from the DNA.But Dr Jim Kozubek, author of Modern Prometheus: Editing the Human Genome with Crispr-Cas9, said that the likes of Thomas Edison and Tennessee Williams would not exist in a future where depression, autism, schizophrenia or Asperger’s were eradicated.Statistics have shown that writers are 10 times more like to be bipolar than the general population and poets 40 times.“Thomas Edison was ‘addled’ and kicked out of school,” said Dr Kozubek, “Tennessee Williams, as a teenager on the boulevards of Paris felt afraid of ‘the process of thought’ and came within ‘a hairsbreadth of going quite mad’.“Scientists tend to think of variations in life as problems to be solved, deviations and abnormalities outside of a normal curve.“In reality, Darwin showed us that evolution does not progress toward an ideal concept or model, but rather is a work of tinkering toward adaptation in local niches.” 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.last_img read more

McLanahan to display coal DDC sizers at AIMEX

first_imgMcLanahan Corporation is to showcase some of the latest design developments in its minerals processing equipment on Stand 5716 during AIMEX – Asia-Pacific’s International Mining Exhibition 2011, to be held at Sydney’s Olympic Park, Homebush, from September 6-9 this year. Custom-designed equipment, including new DDC sizers used in wet coal processing along with high capacity scrubbers for improving iron ore yields and options – and described by the company as innovative products combining high capacity with low footprint product sizing.In addition, McLanahan Corporation, established in the US 176 years ago, will have specialists on hand to discuss a range of hard minerals processing applications, from primary crushing to tailings de-watering solutions and automated product sampling. Based in Newcastle, the corporation’s Australian division, McLanahan Australia, offers mineral and aggregate processing and bulk material sampling equipment. In 1835, McLanahan was founded by James Craig McLanahan in Hollidaysburg, Pennsylvania and the company began as a modest foundry. Currently, McLanahan is one of the oldest family-owned business’ in the US. It is one of the world leaders in the manufacturing of processing equipment and systems for mineral and aggregate industries globally.last_img read more

Roofs blown down trees across the road and loose trampolines Your storm

first_imgPart of the roof was blown off Coláiste Cois Life in Lucan, Co. Dublin [Images: Photocall] KILDAREThis photo was snapped by @rosebecca along the Ballymore Road between Punchestown and Naas. She says the route has since been cleared.MEATHThis was sent in at around 9.30am by Dave Rooney in Longwood, Co Meath — clearly the local council were well on top of the situation:KERRYThe Rescue 115 helicopter carried out a daring rescue on Mount Brandon yesterday evening as the stormy weather landed on the south-east coast.On a less serious note — Olive Sharp’s trampoline and sandbox lost their fight with the gale force windsShe reports there were “trees down and debris all over the garden”.WATERFORDIn Tramore, however, certain hardy souls were determined not to let the inclement weather get in the way of their plans to take a belated Christmas Day swim:[Image: Vinny O’Brien]How has it been in your area since last evening? Let us know: pictures@thejournal.ieOriginally posted at 1pm.Read: 70,000 people without power after ‘worst storm in 15 years’Read: Travel disruption as high winds continue Updated at 4.23pmTHOUSANDS OF PEOPLE have been left without power, and there’s been travel disruption to rail, air and ferry services as a result of the storm that’s been passing across the country since early yesterday afternoon.The eye of the storm has now passed to the north of the island, across to Scotland, according to the latest image from the mesmerising ‘earth wind map’ which is based on data from the US National Weather Service: Note: Check here for the latest on travel and here for ESB updates throughout the dayThere’s trees down and power cables disconnected around the country as a result of the high winds — and no doubt many people will be calling into their neighbours later to ask for their patio furniture back.Here’s what’s been happening so far: DUBLINThis was taken at around 9.30 this morning on the road from Ballyboughal to Swords in north Dublin, just past the Roganstown Hotel [Image: Rory Nolan] Darren Horgan sent the above pictures of a massive tree down on the Howth Road this morning. By this afternoon, work was already under way to try and clear it away — as these pics from Photocall Ireland show:last_img read more

NTT wireless module transfers data at 15 Gbps with 50cm range

first_imgThe wireless transfer of data is becoming ever more important and widespread, especially in the home. We now all typically connect to the Internet through a router capable of wireless transmission. Our phones use 3G and 4G connections, and our tablets rely on a wireless connection for accessing the Internet. No one is going to complain about fewer cables, but one issue with relying on wireless is the speed limitations of data transfers. Wi-Fi continues to get faster in the home, and 4G holds the promise of super fast connections, but with strict data limits on all the networks that defeats the point somewhat.If you want a large amount of data transferred to a mobile device, then a wired connection is still the fastest transfer method. Or at least it was. Sony’s TransferJet offered up a promising, short-range high speed wireless solution capable of up to 560Mbps. But that has now been surpassed by a new system from Japanese company Nippon Telegraph and Telephone (NTT).NTT has developed a prototype milliwave transceiver module capable of transferring data at up to 15Gbps, that’s 25x faster than TransferJet. The final module is promised to be small enough to fit inside a portable device like a tablet and has a range of 50 cm, meaning transfer of music and video is only going to take seconds rather than minutes.In order to achieve the 15Gbps transfer speed, NTT utilized all four communication channels available on the 60GHz band. It is therefore capable of using one or more channels, with the slowest speed being a still impressive 3.8Gbps.At the moment the module is quite large, measuring 12 x 6 x 6cm. But NTT says it can reduce that down to 1.2 x 1.2cm board as seen in the image below:Before the new module can be added to a commercial device, NTT needs to figure out the wireless standards it intends to support. The company has already stated it is developing its own specification using 802.11ad as a starting point, but needs to combine that with other existing standards in order to achieve the high transfer speeds across multiple channels.For consumers, NTT’s solution holds the promise of extremely quick data transfers in tablets initially, but could also eventually get added to smartphones. With such high transfer speeds the module is a good fit for replacing cables between your TV and media devices too.Read more at Tech On!last_img read more

Samsung Galaxy Note 2 looks like a worthy successor

first_imgIt has been one year since Samsung took to the stage at IFA and announced the original Galaxy Note%displayPrice% at %seller%. The phone was a massive device in a world already filled with phones that were considered too big. Packing a stylus and some Wacom technology to help you use it, the Note was a great first try at filling the niche of users who want a tablet and a phone in one device. IFA is back, and so is Samsung to deliver the sequel to the epic-sized smartphone, the Galaxy Note 2.As hard as it might seem to upstage Samsung’s flagship, the Galaxy S3, there’s a lot of goodness in the Note 2. Underneath the massive 5.5-inch HD Super AMOLED screen is an unnamed 1.6GHz Quad-Core processor. Since this device can support HSPA+ or LTE, I’m going to take a not so wild guess and say it is packing the Snapdragon S4 Pro chipset. The Note 2 is also packing an 8mp rear camera and 1.9mp front facing camera, and all of this is powered by a 3100mAh battery. There will be 16, 32, and 64GB storage options, and combined with the removable microSD slot the Note 2 will have a theoretical maximum of 96 gb of storage.Since it is a Note, the device will be coming with an all new stylus. Samsung promises the new stylus will be more durable, longer, and all around easier to use than the original Note. Samsung has included gesture actions through the S Pen with Quick Command, and is enabling Wacom-style features like the ability to hover over an item with your pen to get a response. Air View will allow users to preview content in things like emails just by hovering the pen over the content. Finally, any time you remove the S Pen from its holser you will start Popup Note, which will allow you to quickly take notes without leaving the screen you are on.The new Note features will be neatly tied in to Android 4.1 with TouchWiz. Samsung’s version of Android 4.1 promises to have some improvements over some of their current offerings, like the Best Faces image recognition tool. Even more fun will be the Screen Recorder tool, which will enable users to record the screen as they complete tasks and then share them. Based on what we have seen, the UI for the Note 2 will look and feel very much like the Galaxy S3, with all of the Android 4.1 bits sewn in.Samsung plans to release the Note 2 in white and silver, and will be available in October internationally. There was no mention of a US launch at this time, which could point to a separate US launch event at a later date. Curiously, there was no mention of NFC on the Galaxy Note 2. NFC, and the featured that go along with that tech are included in the device specs, but Samsung isn’t talking about it. Samsung has seen great success with NFC in the Galaxy S3, but as you may recall their use of NFC in the Galaxy Note was not such a smooth operation. Any way you look at it, Samsung is ready to deliver another impressively massive phone with the Galaxy Note 2.last_img read more

Subsidy for Greek household energyefficient airconditioners

first_img Facebook Twitter: @NeosKosmos Instagram The Karamanlis government announced a program last week to subsidize the cost for households of replacing air-conditioning units, in response to the higher profile given to ‘Green’ issues in the run-up to the European parliamentary elections.A government subsidy of up to 500 euros, or 30 percent of the retail price, will be offered when households turn in their old appliances and purchase a new air conditioner.Each household can buy up to two air conditioners with the subsidy. “The basic aim of the program is for households to save energy during the peak summer period, something that will bring multiple benefits for the environment and the economy,” Development Minister Costis Hatzidakis said.The ministry anticipates that between 50,000 and 60,000 air conditioners will be replaced in the six-month program set to start next week. The initiative follows recent announcements that households will be able to install solar-energy equipment to cover their power needs with relatively few bureaucratic procedures in a move that will promote renewable energy sources. “The promotion of green energy and the saving of energy is high on the government agenda. That is why we will continue in this same direction,” Hatzidakis said, adding that the initiative might be extended to include fridges.last_img read more

Feds Teen plotted bombing at Portland treelighting ceremony

first_imgPORTLAND — A Somali-born teenager plotted to carry out a car bomb attack at a crowded Christmas tree lighting ceremony Friday in downtown Portland, but the bomb was a dud supplied by undercover agents as part of a sting, federal prosecutors said.Mohamed Osman Mohamud, 19, was arrested at 5:40 p.m. just after he dialed a cell phone that he thought would blow up a van laden with explosives but instead brought federal agents and Portland police swooping in to take him into custody.Mohamud yelled “Allahu Akhkbar” and tried to kick agents and police as the arrest came, according to prosecutors.He was charged with attempted use of a weapon of mass destruction.U.S. Attorney Dwight Holton released federal court documents Friday that show the sting operation began in June after an undercover agent learned that Mohamud had been in contact with an “unindicted associate” in Pakistan’s Northwest Frontier region.Mohamud is a naturalized U.S. citizen who has been living in Corvallis.According to a federal complaint, Mohamud was in regular email contact with the “unindicted associate’ in Pakistan’s Northwest Frontier starting in August 2009.The complaint said that in December 2009 Mohamud and the “unindicted associate” used coded language in an email in which the FBI believes Mohamud discussed traveling to Pakistan to prepare for “violent jihad.”The document says in the months that followed Mohamud made “multiple efforts” to contact another “undicted associate” to arrange travel to Pakistan but had a faulty e-mail address for that person.last_img read more

Cypress Bay High teacher charged for inappropriate relationship with minor

first_imgWESTON, FLA. (WSVN) – – A math teacher at Cypress Bay High School has been charged for allegedly having an inappropriate relationship with a minor.Vincent Edwards Grossi, 53, stood before a judge on Thursday morning facing the charge of soliciting a romantic relationship as an authority figure.He taught math at the high school, but he was reassigned from his position while the Broward County Public School Board investigates.Grossi allegedly sparked the relationship with a 16-year-old student in October 2018 that lasted approximately three weeks.“Just to know that a teacher has done this, it kinda makes me sick,” a student said.The arrest report stated, “The victim said that during several occasions, the defendant would grab her buttocks from above her clothing as they kissed. The victim said that the defendant covered the window on the classroom door to ensure that no one else could see inside.”According to the arrest report, the victim confessed that Grossi changed her grades on multiple occasions and was given special treatment. “He definitely seemed kinda off, like kinda creepy with everybody and kinda touchy,” student Fabrizio Giolito said.Grossi’s bond was set at $5,000 and given a stay away order from the the victim. He will also have to wear an ankle monitor.“For me to think that somebody can do something to her, it’s just crazy,” student Oswaldo Fuennayor said. “I mean, it goes out of my mind what people are capable of.”Investigators with the Broward Sheriff’s Office said other female students have alleged inappropriate behavior by Grossi.He has worked at several other schools including Plantation High School, Western High School and McNicol Middle School.BCPS said they are investigating the incident.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Mahindra and Mahindra to hire 600700 people this year with plans to

first_imgMahindra and Mahindra to hire 300 graduatesReutersWhile industries such as IT, FMCG, and textile have been witnessing a slump in business, the auto sector has been doing fairly well. In tune, car manufacturer Mahindra and Mahindra is set to hire 300 class of 2018 graduates from various business and engineering colleges. A majority of these 300 recruits will reportedly be engineers who will work on designs and new technologies.”Among all the teams, we are hiring aggressively for the electric vehicle solutions. This is clearly one of the focus areas in the company,” chief people officer Rajeshwar Tripathi told the Economic Times. While the 300 people will be taken on board in the next few months, the carmaker is also likely to take in 600-700 people more from campuses as well as otherwise.Considering new technologies and automation now play an important part in the industry, Mahindra and Mahindra intends to hire workers who can work with these and add value to the organization.”To begin with, we are in talks with a few tech companies to design bot for induction and learning programmes. These are the few areas where we were not able to plug gaps for some time and now are taking the help of new technologies to do so,” executive vice president Prince Augustin added.Additionally, among the new recruits, the firm plans to hire 50 percent women employees as it intends to “improve the diversity numbers.”Meanwhile, things do not seem to be looking up for a lot of other sectors. Hiring across industries has seen a dip and leading listed companies have also seen a decline in hiring in the year 2016-17, as compared to the previous years, according to the Indian Express. The daily accessed data on 121 companies and reported that net hiring in these firms dwindled to 730,694 from the previous figure of 742,012.As per the data, 107 companies saw a consecutive decline in their headcount. While these firms employed 684,452 people at the end of March 2015, the number dipped to 677,296 in March 2016 and 669,784 in March 2017.last_img read more

Myanmar must allow Rohingya to leave camps Annan commission

first_imgA family stands beside remains of a market, which was set on fire in Rohingya village, outside Maungdaw in Rakhine state. ReutersMyanmar should close bleak camps where tens of thousands of displaced Rohingya Muslims have been trapped for nearly five years, a commission led by former UN chief Kofi Annan said Thursday.More than 120,000 Rohingya have languished in camps since they were driven from their homes by sectarian unrest between Buddhists and Muslims that engulfed western Rakhine State in 2012.Most are not allowed to leave the squalid displacement camps where they live in piecemeal shelters with little access to food, and denied access to basic education and healthcare.Myanmar’s de facto leader Aung San Suu Kyi last year appointed Annan to head a commission tasked with healing long-simmering divisions between Buddhists and Muslims in Rakhine.”The commission calls for a plan to close all IDP camps in Rakhine state,” Ghassan Salame, a member of the body, told reporters at the launch of the body’s interim report.The report also called for the government to ensure “security and livelihood opportunities at the site of return/relocation” for those leaving the camps, including by building new houses.Rohingya should also be given a transparent path to becoming citizens and restrictions on the movements of those who already have it should be lifted, it added.Myanmar has long faced international condemnation for its treatment of the Rohingya, who many in the Buddhist majority reject as illegal immigrants from Bangladesh.The issue has reached boiling point in recent months after the army launched a bloody crackdown in the north of Rakhine after deadly attacks on several police border posts in October.UN investigators who interviewed escapees in Bangladesh have accused Myanmar’s security forces of responding with a campaign of murder, gang rape and arson that may amount to genocide.Rights envoy Yanghee Lee called the on UN to launch its highest-level probe into the violence, which she said may be part of a government campaign to drive the Rohingya from the country.But a draft resolution tabled by the UN Human Rights Council stopped short of calling for a Commission of Inquiry into the violence.Salame said the Annan commission backed calls for an independent investigation into the violence in northern Rakhine in its report, but said anything further would be beyond the body’s remit.It identified three initial camps to close — one housing over 200 Rohingya along with two others that are home to Buddhist Rakhines and Kaman Muslims who were also displaced in the 2012 violence.Suu Kyi’s office welcomed the report and said it would implement the “large majority of recommendations” without giving more details.last_img read more

Crumbling Infrastructure Raises More Concerns

first_imgD.C. resident Ronald Johnson was happy with the reopening of the Rhode Island Avenue Metrorail station on Sept. 4 following its closure on Sept. 1 for safety concerns. However, he and many of the riders using the station remain reluctant about the overall safety of the system.“It is important to ensure the safety of the riders, but also to address general maintenance before things literally begin to fall apart,” Johnson told the AFRO. “Concrete and metal rods falling from the system, coupled with the massive construction projects surrounding [the] station, made me feel like the entire structure could potentially collapse.Free shuttle services operated between Rhode Island Avenue and Brookland stations throughout the time the station was closed, when transit authority engineers concluded that the ceiling contained several “areas of loose concrete” that probably deteriorated from exposure to the environment. The report concluded, however, that the falling debris did not reveal any “structural concerns” that could endanger riders.The report also documented the metal bracket and concrete that fell had previously filled an approximate 6-inch gap between the beam that supports the platform and the escalator. “Subsequently, station personnel on Thursday (Sept. 1) evening reported small pieces of concrete falling from the station ceiling about 40 feet away from the location of the Wednesday (Aug. 31) repairs. After the second incident, a third-party expert was engaged to conduct a more robust inspection to ensure that the structure is sound and does not present a hazard to the riding public.”As a precaution, inspectors installed debris-catching netting across the entire length of the station and scheduled a large-scale inspection of the station in coming weeks, according to the report. “I don’t trust the system right now, especially since the reports are that the area is safe, but there are nets and other safety measures all over the station,” rider Victoria French told the AFRO. “Fortunately there is a bike rental station here that will allow me to still get around.”French said between the general overcrowding and the extended SafeTrack repair schedule, the system’s failures made it too unreliable for regular use. The Rhode Island Metrorail station was among the original four Red Line stops that opened in 1976.last_img read more

Anxiety leads to bad decisions

first_imgResearchers have discovered why it is important to stay clam before taking any big decision in life. Anxiety disrupts brain activity that supports decision-making, says a study.Anxiety disengages a region of the brain called the prefrontal cortex (PFC), which is critical for flexible decision making, the findings showed. By monitoring the activity of neurons in the PFC while anxious rats had to make decisions about how to get a reward, the scientists made two observations. Also Read – ‘Playing Jojo was emotionally exhausting’First, anxiety leads to bad decisions when there are conflicting distractors present. Second, bad decisions under anxiety involve numbing of PFC neurons. The data indicates that anxiety has an exquisitely selective effect on neuronal activity that supports decision making, said lead author of the study Bita Moghaddam, professor at University of Pittsburgh in the US. The study was published in The Journal of Neuroscience.As with many people who suffer from anxiety but go through day-to-day life and make decisions, the anxious rats completed the decision-making task and, actually, did not do too badly. But they made far more mistakes when the correct choice involved ignoring distracting information.last_img read more

Amandla Stenberg Its time for an LGBT superhero film

first_imgAmandla Stenberg in the video for Let My Baby Stay | Photo: YouTube Here’s why this bisexual actress turned down a role in Black PantherAmandla Stenberg opens up about coming out as gayAmandla Stenberg comes out as gayRead the full article on Gaystarnews: : eTN Chatroom for Readers (join us) GAYSTARNEWS- Share this:TwitterFacebookLike this:Like Loading…center_img Stenberg made headlines in June after announcing she was gay during an interview with Wonderland magazine. She has identified as identified as queer, bisexual, pansexual and gender fluid in the past.In her interview with Wonderland, Stenberg said: ‘‘I’m grateful for how being gay has afforded me this ability to experience and understand love and sex, and therefore life, in an expansive and infinite way.“I was so overcome with this profound sense of relief when I realised that I’m gay – not bi, not pan, but gay – with a romantic love for women.”The Darkest Minds will be in cinemas on 3 August.Got a news tip? Want to share your story? Email us . Actress Amandla Stenberg has said “F*** yes!” to the prospect of an LGBT superhero film. When asked if she thought it was time for an LGBT superhero, the 19-year-old said “F*** yes. Yes please, I would like that. It would be an honour to play that, it would be fantastic.”The California-born actress, best know for her role in The Hunger Games, is staring in upcoming dystopian superhero film The Darkest Minds. She had been considered for a role in Marvel blockbuster Black Panther, but dropped out after deciding the role should go to a darker-skinned actress.last_img read more

IHG sees major resort portfolio expansion in Thailand

first_imgIHG sees major resort portfolio expansion in ThailandIHG sees major resort portfolio expansion in ThailandMulti-brand signing across key resort destinations in Thailand cements IHG’s partnership with Ratanakorn AssetIHG (InterContinental Hotels Group), one of the world’s leading hotel companies, in partnership with Ratanakorn Asset, has announced the momentous signing of eight new properties in Thailand’s key resort destinations of Pattaya, Rayong, Phuket, Khao Lak and Koh Samui. The multi-brand signing, consisting of new-builds and a conversion across the Holiday Inn®, Holiday Inn Express® and Staybridge Suites brands, will add more than 2,000 rooms and ramp up IHG’s presence in the country, which already boasts the group’s largest system size in the region. The hotels are set to open from this year to 2027.Clarence Tan, Managing Director South East Asia and Korea, IHG commented, “As a top travel destination for business and leisure alike, Thailand has always been an important market for us, serving as the regional launch pad for some of our key brands including Holiday Inn Express, Hotel Indigo and Staybridge Suites. Together with our partner, Ratanakorn Asset, we are excited to strengthen our presence here with three of our most recognised and well-loved brands. Following the inaugural signing of Staybridge Suites in Bangkok last December, these latest additions will build on our growth momentum in the country and in our resort portfolio – a testament to our steadfast commitment to provide our guests with world-class accommodation, in some of the world’s best resort locations.”Ratanakorn Asset is a well-established Thai real estate company with properties exceeding THB30,000 million in worth, located mainly in Pattaya, Chonburi and Rayong. In addition to the eight upcoming IHG developments, its extensive portfolio includes residential, commercial, industrial and retail projects.Niti Ruangratanakorn, President, Ratanakorn Asset said, “Recognising the Thai Government’s Eastern Economic Corridor (EEC) project is set to fuel growth across many industries, including tourism, we took a very strategic approach at selecting, not only the location of these new developments, but the international hotel brand with which we would partner to make bolstering our hospitality portfolio here in Thailand a success.Globally recognised for its track record, IHG is our ideal partner given its vision to build great brands guests love, placing us in good stead to meet the increasing demand for quality accommodation in these cities. We look forward to working closely with IHG to forge an exciting future ahead, and are certain the compelling brand offerings, combined with the stellar locations we have selected, will be well-received when we open our doors in the coming years.”2018 openingsHoliday Inn Express Pattaya Koh LarnLocated at the popular Tawean Beach in Koh Larn, Pattaya, Holiday Inn Express Pattaya Koh Larn will be converted from the current Sealay Resort Koh Lam. Set to open in 2018, it will offer superb access to numerous eateries, shops and the Tawean public pier, and will be a short commute away from the Bangkok Hospital Koh Larn Clinic and Na Ban public pier. A new-build element has also been confirmed as an option for the hotel.Further projects openings in the next five to ten yearsHoliday Inn Resort Koh LarnThe new-build Holiday Inn Resort Koh Larn will provide guests with a specialty restaurant, swimming pool, pool bar and gym. It will be located right on Na Ban Beach, a short five-minute drive from Na Ban public pier.Holiday Inn Resort Pattaya Na JomtienThe beachfront Holiday Inn Resort Pattaya Na Jomtien will offer easy access to the nearby Cartoon Network Waterpark, making it an ideal choice for families.Staybridge Suites North PattayaThe new-build Staybridge Suites Pattaya Wong Amat will bring extended-stay offerings to Wong Amat, Pattaya’s expat-favoured, family-friendly area.Holiday Inn Resort RayongThe new-build Holiday Inn Resort Rayong will be conveniently located right on the white-sand Mae Rum Pueng Beach, just a 45-minute drive from U-Tapao International Airport.Holiday Inn Resort Khao Lak Cape PakarangSituated just an hour away from Phuket International Airport, the new-build Holiday Inn Resort Khao Lak will offer unobstructed sea views at Cape Pakarang, which is known for its swimmable beach, staghorn coral and beautiful sunsets. It will be a short 15-minute drive to Khao Lak City Centre, also known as Bang Nieng.Holiday Inn Express Phuket KataThe new-build Holiday Inn Express Phuket Kata will be situated a leisurely 10-minute walk from Kata beach, guests will enjoy its excellent proximity to a wide selection of eateries, shopping and entertainment offerings.Holiday Inn Express Samui ChawengThe new-build Holiday Inn Express Samui Chaweng will be situated in the heart of Chaweng, it will be surrounded by shopping, dining and entertainment offerings. Guests will also be able to take a short stroll to Chaweng Beach, one of the top tourist spots in Koh Samui.IHG has 24 hotels open in Thailand across five brands – InterContinental®, Crowne Plaza®, Holiday Inn®, Holiday Inn Express®, Hotel Indigo®, with a further 14 hotels opening in the next three to five years including the launch of Staybridge Suites.Source = InterContinental Hotels Group (IHG)last_img read more

Go back to the enewsletter WeightoFly is the

first_imgGo back to the e-newsletter >Weigh-to-Fly is the answer to the packing problems of all travellers in the form of an extendible luggage scale which sends real-time updates to users’ phones as they pack their case.The device has an adjustable, lightweight, telescopic frame that slides and locks to fit whichever size case necessary. Once the case is placed on top, the sensors in each of the corners send updates via Bluetooth to the traveller’s smartphone, allowing them to see instantly how close they are to their weight limit as they pack. The smartphone app contains details of every major airline’s weight restrictions so the user simply types in which airline they are flying with.It even takes account of the weight of the device (450g) and the scale’s unique “coat hanger” design means it can also serve as a clothes hanger upon arrival to the destination. Also incorporated is a proximity sensor, which sends a notification if a case is left behind or the user moves too far away from their luggage.Weigh-to-Fly is the brainchild of Software Electronics Engineer Jamie Cruickshank: “One in five passengers are charged an average of £25 for excess baggage at the airport. In the UK alone, passengers forked out over £1.6 billion in charges in a single year. Multiply this globally and it is a huge problem. Not only is it costing passengers dearly but it causes stress, hassle and inconvenience at the airport.”He added: “There are other products on the market but these have disadvantages. For example there are cases with the weighing mechanism built in. These limit you to using a single case whereas Weigh-to-Fly can be used with any piece of luggage. Other luggage scales can let you down. They give inaccurate results, break easily or require you to lift heavy bags in order to read the weight. Not to mention the repetitive process of zipping up and weighing your bag every time you add or remove something.”The retail price of Weigh-to-Fly is expected to be £69.99.Go back to the e-newsletter >last_img read more

Vgenopoulos back on the offensive over report

first_imgBy Angelos AnastasiouBUSINESS MAGNATE and failed Laiki Bank’s former strongman Andreas Vgenopoulos has once again lashed out at the credibility of those accusing him of being responsible for the lender’s collapse and Cyprus’ economic woes, this time offering verifiable evidence.In a written statement on Monday, the Greek ex-boss of Laiki recalled a claim leaked from a House ethics committee session on April 8 – namely, that Laiki Bank had allegedly written off a €29 million loan to a company called Delta, a subsidiary of Vgenopoulos’ investment firm MIG. Reports from the April session indicated that documents supposedly proving the irregularity were produced during the committee’s session by its chairman, Demetris Syllouris.Vgenopoulos had issued a statement the following day, calling the claim a “monstrous lie” and asking for either evidence or an apology by the committee. He was offered neither, nor any other response.But on April 30 Syllouris made a surprise reversal when he discarded the claim that Laiki had written off a €29 million loan to Delta, and went as far as surmising that the loan may, in fact, have been fully repaid.“We have not pursued this matter any further, and it is not in our report,” Syllouris said, referring to the House ethic committee’s report on the causes of Cyprus’ economic collapse, which was made public last Friday after 18 months of deliberations and laid the bulk of the blame for the economic disaster on corrupt, greedy and incompetent bankers.Vgenopoulos did not miss this careful backtracking and immediately went on the offensive on Monday.“The above indicate Mr Syllouris’ lack of credibility, as well as that of those like him,” Vgenopoulos said.Though some in Cyprus considered him one of the key players in the demise of Laiki Bank and the country’s economic collapse, Vgenopoulos has thus far maintained his complete innocence and pointed many an accusing finger. But his public attacks had always been predicated on either recollections of private conversations or information not publicly available, and soon deteriorated into ‘he said, she said’-type shouting matches.In this case, though not directly attributable to Syllouris, the loan write-off ‘evidence’ was found in a document he had submitted to the committee. But the committee chairman failed to set the record straight both when the inaccurate information from his document was being reported in the press, and in defence of his committee following Vgenopoulos’ viciously accusing letter of April 9.“I will return to the House ethics committee’s full report, which contains myriad false and misleading evidence, arbitrary conclusions and intentional omissions, after thorough examination and evidence collection from my former associates,” Vgenopoulos warned, presumably referring to former Laiki’s high-ranking staff.“Until then, I recommend to Mr Syllouris and the likes of him to search for the main culprits of the Cypriot economy’s meltdown in their mirrors,” the statement concluded.You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoSenior Living | Search AdsCheap Senior Apartments in Rowland Heights Are Turning HeadsSenior Living | Search AdsUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more