Alex Oxlade-Chamberlain sends class message to Hector Bellerin after Arsenal return

first_imgAlex Oxlade-Chamberlain is no stranger to knee injuries (Picture: Getty)Liverpool ace Alex Oxlade-Chamberlain sent a classy message to former team-mate Hector Bellerin after the defender’s long-awaited return from injury.The Spaniard managed over an hour in an U23 game for Arsenal on Friday night in his first appearance for the club in over nine months.The defender tore his ACL last season but is now deep into the road to recovery and hopes to feature for the first team in October.Oxlade-Chamberlain is no stranger to knee injuries having spent a year on the sidelines in 2018 and he was quick to congratulate Bellerin on his return.ADVERTISEMENT PLAY Alex Oxlade-Chamberlain sends class message to Hector Bellerin after Arsenal return Metro Sport ReporterSaturday 21 Sep 2019 7:01 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link6.5kShares 1 min. story Taking to his Instagram page, Bellerin wrote: ‘255 days and the day has finally come for me to get back out there. Can’t describe how much I’ve missed this!’AdvertisementAdvertisementAnd Oxlade-Chamberlain wanted to let the Spaniard know how happy he was that he was back: ‘Well done my bro! hard work paid off 🙌🏽💪🏽buzzing to see you back out there ❤️’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalLiverpool have already played Arsenal this season, beating the Gunners 3-1 at Anfield in August.Bellerin will be well up to speed again when the Gunners take on the Reds again in the final weeks of the season in May.MORE: Ian Wright backs Liverpool to beat Chelsea in Premier League showdown Advertisementcenter_img Video Settings Comment Full Screen About Connatix V67539 Advertisementlast_img read more

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UK roundup: PLSA, USS, PPF index, PIC

first_imgFTSE 350 companies should publish more information about culture and working practices, according to a letter sent by the Pensions and Lifetime Savings Association (PLSA).The association argued that better disclosure of the makeup of workforces and company policies “can have a material effect on a company’s performance over the long term”.The letter has the backing of pensions minister Richard Harrington, the Universities Superannuation Scheme (USS) and Newton Investment Management.Elizabeth Fernando, head of equities at USS Investment Management, said: “A company’s workforce is a key driver of its long-term performance and productivity, so good information on corporate culture and working practices is valuable to us as long-term investors.” The PLSA published a “toolkit” titled ‘Understanding the worth of the workforce’ in July giving pension funds guidelines on the information they should be getting from companies in which they invest.Elsewhere, UK pension funds’ aggregate funding position improved during October to 81.4%, according to the latest Pension Protection Fund index.The 5,945 pensions in the index had a collective shortfall of £328.9bn (€369.2bn) at the end of last month, down by more than 21% from September’s figure.However, the deficit is still more than £100bn higher than at the same point last year.One fund on a more secure footing is the ICI Specialty Chemicals Pension Fund, which has secured a £140m buy-in with Pension Insurance Corporation.The transaction is the third conducted by the pension and covers all pensioners not insured with the previous two deals, which took place in 2015.Chairman of trustees Alan Bates said the fund’s de-risking strategy “allowed us to complete this transaction despite the current uncertainty in the markets”.The £650m pension is separate from its much larger sister fund, the £10bn ICI Pension Fund, which has also undertaken a series of buy-ins over the past three years.In other news, the UK government has been urged to consider abandoning guarantees for the state pension by a group of MPs.The Work and Pensions Committee said the government should abandon the so-called ‘triple-lock’ for the payment in an effort to address “intergenerational unfairness”.Frank Field, chair of the committee, warned that “the working young … face the daunting challenge of getting on in an economy skewed against them”.The triple lock guarantees pensioners an increase of 2.5%, the inflation rate or the average earnings growth rate – whichever is higher.The Work and Pensions Committee instead suggested a “smoothed earnings link” to keep increases at least in line with inflation, and a lower limit for payments linked to average earnings.last_img read more

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Kingman review proposes replacing FRC with new, stronger regulator

first_imgCaroline Escott, PLSAThe UK’s pension fund association expressed “hope” that the measures proposed in the Kingman Review would “help ensure that a new body can work better towards the interests of investors”.Caroline Escott, policy lead for investment and stewardship at the Pensions and Lifetime Savings Association, said: “Although we believe that the Stewardship Code was a significant step forward, we support moves to ensure the code helps schemes tell how well their asset manager is doing on stewardship.“We welcome the review’s recognition that the FRC needs to develop deeper relationships with the investor community, but think that a key step in doing so would be to ensure that the FRC, or its successor body, employs more staff with investor practitioner experience and expertise.”Chris Cummings, chief executive of the Investment Association, said asset managers would “welcome the clarity of responsibilities” the proposed new regulatory body would bring and that investors were “strongly” supportive of the recommendation that corporate and audit quality reviews be published.“We look forward to more details on the proposed overhaul of the Stewardship Code,” he added. “Investors will want the new body to have a cultural-bias towards stewardship to signal the importance of investors fulfilling their responsibilities.”Audit market faces reform after CMA study The Kingman Review made 83 recommendations in total, including putting the new organisation in charge of regulating major audit firms, ending self-regulation through trade associations, and for reviews of audit quality and corporate reporting to be made public. The Financial Reporting Council (FRC) should be scrapped and replaced with an independent statutory regulator with “the interests of consumers of financial information, not producers” at its heart, an independent review of the body has recommended.The new body should be accountable to parliament, have clarity of purpose and mission, new leadership, and new powers, according to the review led by John Kingman, chairman of Legal & General.Business secretary Greg Clark, who asked Kingman to lead the review of the FRC, said the government would “take forward the recommendations set out in the review to replace the FRC with a new independent statutory regulator with stronger powers”.Several stakeholders – most notably the Local Authority Pension Fund Forum and former MEP Sharon Bowles – have been calling for the FRC to be abolished for some time.  The UK’s audit regulator needs to be replaced with a stronger watchdog, says John KingmanThe review also advocated a “fundamental shift in approach” to the UK’s Stewardship Code – currently overseen by the FRC – saying that “serious consideration should be given to its abolition” if in its upcoming revised form it could not focus on “outcomes and effectiveness” rather than policy statements.The new regulator also needed to engage at more senior level in a much wider and deeper dialogue with UK investors, both fund managers and representatives of end-investors.The review also recommended that regulation of the actuarial profession should move to the Prudential Regulation Authority.The FRC is currently the regulator for auditors, accountants and actuaries, sharing this responsibility with the relevant professional membership bodies. It is also the body responsible for setting the UK’s corporate governance and stewardship codes. A new version of the former was published in July, while the FRC was due to present a new stewardship code for public consultation before the end of the year.Kingsman’s criticismsKingman said that although some of the FRC’s critics overstated their case, he had “sympathy with the view that the FRC has tended, overall, to take too consensual an approach to its work”.“The FRC’s approach to its own governance has also not been consistent with either its public importance, or its role in championing governance in the corporate world,” he added.Elsewhere in the report, the FRC was likened to “a rather ramshackle house” that was just about “serviceable, up to a point, but it leaks and creaks, sometimes badly”.“The inhabitants of the house have sought to patch and mend,” the review report continued. “But in the end, the house is built on weak foundations. It is time to build a new house.”Investor reactions The release of the Kingman review coincided with the UK’s competition watchdog today launching a consultation on proposals for “robust reform” of the audit market to address a shortfall in audit quality.The Competition and Markets Authority (CMA) has proposed legislation to: split audit from consulting services; introduce measures to substantially increase the accountability of those chairing audit committees in firms, and impose a ‘joint audit’ regime giving firms outside the four dominant providers a role in auditing the UK’s biggest companies.CMA chief executive Andrea Coscelli said: “We have moved fast to come up with a comprehensive package of proposals for legislation, which we will now consult on.“Successful reform of the audit market will require legislation, in combination with planned improvements to regulation as recommended by Sir John Kingman.”The CMA launched a study on the audit market in October.Auditor procurementSeparate to his review of the FRC, Kingman was also asked by the business secretary to consider whether there was any case for changing way in which audits were currently procured, particularly for major companies of public interest.In a letter to Clark, Kingman said there was a case for “radical change” in relation to who appoints company auditors, but that for reasons including firm investor opposition, he would advise the government to consider more “modest and focused approaches”.The radical change Kingman had sketched out involved company auditors being appointed by the FRC successor body instead of by the company’s board, with shareholders to be given the same right of veto on this appointment as they currently had on a board’s proposed auditor appointment.The Kingman review report can be found here.last_img read more

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Nova Scotia greenlights Big Moon’s 5MW tidal energy project

first_imgNova Scotia’s Department of Energy has issued two permits to Big Moon Power (BMP) for a tidal electricity project in the Bay of Fundy, granting an off-grid testing of a 100kW prototype and phased installation of a 5MW tidal energy project.The Department of Energy received BMP’s application for a permit to construct the project on February 2, 2018.The initial permit allows the developer to test its 100kW prototype that is not connected to the electricity grid for up to 14 months.The second, five-year permit will allow the company to increase the size of its project in phases up to a maximum total of 5MW. This permit is renewable if the company meets performance standards, environmental requirements and community engagement conditions.Before the construction of the 5MW project begins, Big Moon Power must comply with all other relevant permits and approvals, and carry out an environmental assessment.The project has also received an authorisation of a power purchase agreement that allows the company to sell the electricity it generates to Nova Scotia Power for 35 cents per kilowatt hour.If the project is successful, it will generate some of the lowest cost tidal electricity in the world, Nova Scotia’s Department of Energy stated.“Nova Scotia is becoming well known for being at the forefront of tidal energy technology development,” said Nova Scotia’s Energy Minister Geoff MacLellan. “Demonstration projects like this will help drive innovation, competition and ultimately lower renewable energy prices.”The project will feature BMP’s proprietary tidal energy system that has two main components which include a novel land-based generator assembly and an unmanned barge.The generator assembly area is planned to be constructed on land along the north side of the Blomidon Peninsula which rises to an elevation of 130-150 meters above the low water mark. The barge is connected to the generator by a high strength rope in such a manner that is submerged below the drafts of local boat traffic. The barge operation area will extend 5 nautical miles in each direction originating from the generator assembly.BMP is currently developing the 100kW prototype that it plans to test at the project site.The 5MW project will begin with the installation of a 1MW system and, upon success of the first installation, the subsequent 4MW will be installed.last_img read more

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Consortium Involving Brittany Ferries Buys Condor Ferries

first_imgA consortium made up of Brittany Ferries and the Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF) has bought 100 percent of Condor Ferries from Macquarie Infrastructure and Real Assets (MIRA).Brittany Ferries, which will be a minority stakeholder, said the contracts have been signed while the deal would be executed once all regulatory checks are completed.Condor Ferries is an operator of lifeline freight and passenger ferry services. Each year, the operator carries approximately 1 million passengers, 200,000 passenger vehicles, and over 900,000 freight lane meters between Guernsey, Jersey, the United Kingdom, and the Port of St. Malo in France.“We are delighted to be part of the consortium that has agreed to acquire Condor Ferries,” Christophe Mathieu, CEO Brittany Ferries, said.“We believe this is a positive step and look forward to playing our part in supporting the economies and communities of the Channel Islands into the long term.”“It allows us to reconnect with a route to the Channel Islands that Brittany Ferries operated in the past,” Jean-Marc Roué, Chairman of Brittany Ferries, added.Brittany Ferries began operations in 1973 and its fleet includes twelve ships connecting France, the United Kingdom, Ireland and Spain. It operates from three ports in the UK, Portsmouth, Poole and Plymouth.last_img read more

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Batesville Dirt Road League Basketball Results

first_imgGood luck to all teams.  Go Bulldogs! Batesville 4th Grade (8-2) @ Batesville High SchoolBatesville 34, North Decatur 4Batesville 38, Jac-Cen-Del 15 Batesville 5th Grade White (0-8) @ Jac-Cen-Del              Batesville Blue 25, Batesville White 13              Jac-Cen-Del 25, Batesville White 9Coach Dan Goldsmith noted that Jake Chapman played well in both contests for the White Squad. Batesville 28, East Central 23In a physical contest from the outset, the Bulldogs were able to overcome 27% shooting by outrebounding the Trojans 29-20 and hit some clutch shots down the stretch.  Conner Drake had a huge rebound basket with under two minutes to play to give the Bulldogs the lead for good and Jack Grunkemeyer hit 3 of 4 free throws to ice the game in the final seconds.  Chris Lewis led Batesville with 11 points, Grunkemeyer 6, Drake 4, Johnson 2, Prickel 2, Buschle 2 and Wirth 1.  Grunkemeyer was a horse on the boards with 8 rebounds.center_img Batesville 5th Grade Blue (5-3) @ Jac-Cen-Del              Batesville Blue 25, Batesville White 13              Batesville Blue 22, Connersville 17 Batesville 6th Grade (12-4) @ East Central High School FieldhouseBatesville 44, Jac-Cen-Del 15The Bulldogs jumped out to an 11-0 lead and cruised to victory.  The Bulldogs held the Eagles to 16% shooting  on solid defensive pressure and won the rebound battle 37-23. All 9 players cracked the scoring column for the squad.  Leading the way offensively for Batesville was Brendan Heiser with 10, Gus Prickel 9, Chris Lewis 8, Jack Grunkemeyer 4, Bradley Wirth 4, Jonathan Buschle 3, Conner Drake 2, Sam Johnson 2, and Noah Pierson 2.  Drake and Grunkemeyer each had 6 rebounds and Lewis tallied 4 assists.last_img read more

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Breakfast to honor first responders planned in Greensburg

first_imgGreensburg, In. — The Aspen Place Health Campus will hold the “Hometown Heroes Breakfast” on Thursday, August 9 at 7 a.m.The event is an effort to thank first responders with a chef-prepared breakfast. For more information please call 812-527-2222.last_img

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Champions League: Zidane’s Plaudit for Benzema

first_imgReal Madrid boss Zinedine Zidane has hailed the impact of Karim Benzema after his compatriot lifted the European champions from the early blow of conceding to beat Napoli 3-1 on Wednesday night.Madrid is now on the brink of a seventh successive Champions League quarterfinal as the Los Bloncos aim to become the first team to retain the trophy in the Champions League era.Lorenzo Insigne’s wonder strike from 40 yards after just eight minutes had given Napoli a shock lead at the Bernabeu.However, Zidane was rewarded for keeping faith in Benzema despite fierce criticism of late from the Spanish press as he headed home his 51st Champions League goal to equalise before second-half strikes from Toni Kroos and Casemiro gave Madrid a commanding lead.“I am always happy with him, said Zidane.“He needed that goal which lately he didn’t get, but I am happy not only for the goal but also for how he played generally. He made the rest of the team play better and his movement is very good.“The performances of Karim, Cristiano (Ronaldo), James (Rodriguez) they all made the rest of the team better.”Benzema’s goal also moved him ahead of compatriot Thierry Henry as top French scorer of all-time in the Champions League proper.“It was a great night. We all played well, not just me,” Benzema told Spanish TV station MEGA.“I am very happy and proud of my work. There are a lot of sacrifices, but now I feel good.“I scored a goal and saw that the fans were with me which is very good for my confidence.”Napoli had chances to set up a mouthwatering second leg on March 7 as Dries Mertens blazed over with the goal at his mercy and former Madrid winger Jose Maria Callejon had a goal ruled out for offside late on.However, Napoli boss Maurizio Sarri believes his side still have a chance of reaching the quarterfinals for the first time in their history.“Clearly Madrid played their best game of the past three months and we didn’t play our best,” said Sarri.“If we manage to play at our best we are not that far away. We may lose (in the second leg) but we can go for it.”“It is the first game we have lost in four months. We didn’t manage to express ourselves 100 percent, but we can’t lose our confidence because we have the return game and league games to come.“We don’t have a great chance of turning it around but we have a chance.”Even a pre-match pep talk from former Napoli great Diego Maradona couldn’t inspire the Italians to victory.However, Sarri believes their fast start more than justified his decision to invite the Argentine into the dressing room before kick-off.“Diego spoke with us for 30 seconds, but he is a legend so clearly it had an impact. Our first 10-15 minutes were our best.”Despite that early blow, though, Madrid responded like European champions to take control and Sarri lamented his side’s distribution from the back under Real’s intense pressing.“It was difficult to mount counter-attacks because we gave the ball away so much,” he added.“We were playing a very good team, the best team in the world. The only thing is I feel we committed more errors than normal.“It is normal to suffer in this stadium, it is normal to commit errors, but thanks to these type of games you improve.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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Wimbledon 2013: David Ferrer defeats Roberto Bautista Agut to reach last 32 for sixth year in a row

first_imgDavid Ferrer’s Wimbledon record is much like his tennis: consistent and dogged but spectacularly unspectacular.The 31-year-old Spaniard has reached the third round here for the sixth year in a row but has only one quarter-final appearance to show for all his hard work in 10 previous appearances at the All England Club.Ferrer is through to the last 32 once again thanks to a typically hard-working victory over his fellow Spaniard, Roberto Bautista Agut. Ferrer, who will climb to at least No 3 in the world rankings after Wimbledon, won 6-3, 3-6, 7-6, 7-5 but was pushed hard by the world No 60.The victory was typical of so many Ferrer performances. Although he lacks the big weapons that so many of his rivals can call upon, he is a model of consistency. Nobody works harder for his points as Ferrer creates winning situations with his aggressive ball-striking from the back of the court, manoeuvring opponents out of their comfort zone.Bautista Agut is playing in his first Wimbledon – he failed in three previous attempts to qualify – and has never gone beyond the second round of a Grand Slam tournament yet he has plenty of talent. Although most comfortable when grinding out points from the back of the court, the 25-year-old was not afraid to use subtle variations of pace and even tried serve-and-volley on occasions.After two false starts because of the rain – play was even halted after the first point because the damp Court One surface was deemed to be dangerous – Ferrer broke immediately.The last two points of Bautista Agut’s first service game summed up Ferrer’s relentless spirit as the server was outrallied and forced into backhand errors. Bautista Agut broke back immediately but after another break Ferrer served out for the set after 43 minutes.Bautista Agut took the second set with a single break of serve, Ferrer double-faulting on break point, and twice came back from a break down to take the third set into a tie-break, only for Ferrer to win it 7-4. The underdog hung on well in the fourth set, but at 5-5 he was broken, netting a forehand on break point. Ferrer, who will now play the Ukrainian world No 24, Alexandr Dolgopolov, served out for victory when Bautista Agut hit a return wide on the first match point.last_img read more

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Player agent Oliver Arthur explains why Ghana league players fail to attract top foreign contracts

first_imgAs the winter transfer deadline looms for major European leagues, the lack of local players moving straight to these league has been thrown into the spotlight.The last time a player from the local league moved to any of Europe’s elite divisions was in 2012 when defender Baba Rahman was transferred to Germany’s Greuther Furth.For a country well-known for great African players, this development has been of immense concern. The latest to comment on this is Oliver Arthur, a renowned Ghanaian football agent.In an interview with Joy Sports, Arthur believes that there is a shift in the European market towards players who are relatively younger and it is increasingly making it difficult for those already playing in the local league for some time to get a chance.“In Africa, we don’t have the facilities to train the players to a particular level so the Europeans find it very difficult working with already mature players aged24 and 25.”“In Europe now, the market now is looking for young players aged 18 and 19. Europe wants players it feels they have developed themselves.” Agent Arthur, whose clientele includes Afriyie Acquah and Godfred Donsah therefore believes that the focus on the local front should now be on spotting and grooming talents very early.“When these older players move to Europe, it becomes very difficult. So now we have to train in the process of developing them very young.”A flurry of deals are expected later today. In England, Spain and France; clubs have until 11pm while German clubs have until 5pm on Tuesday to wrap up all their deals.–Follow Joy Sports on Twitter: @JoyFMSports. Our hashtag is #JoySportslast_img read more

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