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Hundreds of Chinese workers in Batam under observation as part of coronavirus containment efforts

first_imgA joint team comprising staff from the city’s health and manpower agencies has been formed to monitor the health of hundreds of Chinese workers in Batam, Riau Islands as a precautionary measure in the wake of the novel coronavirus outbreak. Chinese workers that have just arrived at Batam will also undergo a 14-day isolation period before being allowed to return to work.Batam Manpower Agency head Rudi Syakyakirti said the joint team had visited the workers’ lodgings and factories on Wednesday. The manpower agency recorded that more than 100 Chinese workers in Batam between January and February.Rudy said health officials had also carried out medical checks on the workers when they first arrived in Batam and that all of the were found to be healthy at the time.“They are all under being monitored because they entered Batam right after the coronavirus outbreak started in their homeland,” Rudi said. “The results of our field observations so far is that none of the Chinese workers are showing any coronavirus symptoms.” (hol)Topics :last_img read more

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EIOPA IORP stress test to consider financial stability ‘repercussions’

first_imgThe European Insurance and Occupational Pensions Authority (EIOPA) has launched its second stress test of EU occupational pension funds, geared towards analysing how pension funds could pass on shocks to the real economy and financial markets.The first stress test – which came in for strong criticism from the European pensions industry – was carried out in 2015, with the results published in early 2016.It found that pension funds had a limited ability to pass on financial shocks to other market participants, but EIOPA said further work was needed to understand the potential consequences on the real economy and financial stability in general. This is the focus of this year’s stress test.Gabriel Bernardino, chairman of EIOPA, said: “EIOPA’s second occupational pensions stress test analyses the effects of prolonged adverse market conditions on sponsoring companies, members and beneficiaries, and financial markets through pension funds’ investment behaviour, elaborating on the second-round effects on the real economy and financial stability. “It will provide up-to-date information on the vulnerabilities of the occupational pensions sector and the possible repercussions for the stability of the wider financial system and European economy.”However, aba, the German occupational pensions trade body, has rejected EIOPA’s approach to the 2017 stress test exercise on several grounds.Georg Thurnes, chief actuary for Germany at Aon Hewitt and deputy chief executive of aba, said that pension fund sponsoring companies do not come under EIOPA’s remit and that it was “unacceptable” for the stress test to incorporate an analysis of how they would be affected.In many cases the information being sought by EIOPA about sponsoring companies was either not publicly available or was not made available to the IORPs, he said.Thurnes also argued that EIOPA did not have the necessary expertise to conduct a reputable study on the financial strength of sponsoring companies in different sectors.The stress test covers IORPs providing defined benefit (DB), hybrid, and defined contribution (DC) plans.The 2017 exercise will examine how Institutions for Occupational Retirement Provision (IORPs) would cope in a “double-hit scenario”, consisting of a drop in risk-free interest rates and a fall in the price of assets held by the pension funds.The stress scenario was developed in cooperation with the European Systemic Risk Board.The DB/hybrid part of the exercise will analyse how the impact of these theoretical shocks on pensions funds would affect sponsor support and pension benefits over time, while the DC part will assess the impact on IORPs’ assets and on the retirement income of three representative plan members. This will be extrapolated to all DC plan members.The exercise also seeks to understand what IORPs’ investment behaviour would be like following the stress scenario.DB and hybrid schemes will have to apply the double-hit stresses to the “national balance sheet” – incorporating national-level rules and assumptions – and the “common, market-consistent balance sheet”. The latter corresponds to the common framework balance sheet that EIOPA has proposed, which aba and other industry associations oppose.EIOPA said using the common balance sheet was necessary to ensure comparability of the stress test results.A new aspect of the 2017 stress test is that DC pension funds have to assess the impact of the adverse market scenario on the market value of assets.EIOPA’s aim is to cover all the European Economic Area (EEA) countries with a material IORP sector. It said 20 countries from the EEA were set to participate in the stress test. The deadline for participating IORPs to complete the exercise is 13 July.last_img read more

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Equinor taps Schlumberger, Halliburton, Baker Hughes, and Weatherford for drilling services on NCS

first_imgSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options. The Norwegian oil and gas company Equinor has awarded drilling services contracts worth NOK 2.5 billion ($286.7 million) in total to the oilfield services behemoths Schlumberger, Halliburton, Baker Hughes, and Weatherford, among others. Contract signing / Photo by Kjetil Eide, EquinorThe services will be delivered to both new and existing fields on the Norwegian continental shelf. Contracts for services related to liner hangers were signed in Equinor’s digital laboratory at Forus, Stavanger, on 14 May. Contracts for additional completion and downhole monitoring have been signed earlier.“These contacts will help us continue our safe and efficient drilling and well operations. The suppliers are specialists that we have worked with before, and we know what they stand for. We look forward to continuing our good cooperation,” says Geir Tungesvik, Equinor’s senior vice president, Drilling & Well.The total contract value for these services is estimated at about NOK 2.5 billion for the 3-year fixed contact term. In addition, there are five 2-year options for all awards, Equinor said.The contracts now signed cover niche deliveries complementing the integrated drilling and well service contracts signed in 2018.“We have standardized the contract set-up between various suppliers. This simplifies collaboration and creates win-win solutions,” says Peggy Krantz-Underland, Equinor’s chief procurement officer.Krantz-Underland has stressed that Equinor does not just buy services from the biggest suppliers only, “but also from small-size suppliers with the required specialist competencies.”Apart from the quarter of U.S. oilfield services giants, the contracts have been awarded to Ramex, NOV Wellbore Technologies – NUF, Petroleum Technology Company, TCO AS, Interwell Norway AS, Welltec Oilfield Services (Norway), and Roxar Flow Management.The services are key to capturing additional value on the Norwegian continental shelf, aiming to improve the recovery rate from 50 to 60 percent, Equinor said.The services related to liner hangers and additional completion are based on framework contracts with standardized conditions where the volume may vary. The estimated value is one billion crowns for liner hangers and half a billion crowns for additional completion.The downhole monitoring contracts were awarded in March, covering a predetermined scope at a value of about 1 billion crowns for for three years.Below is the chart showing which company won which contract, as shared by Equinor:last_img read more

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Jac-Cen-Del School Board Fires Superintendent

first_imgSchool board members voted 3-0 to remove Superintendent Dr. Leanna Phillippe from her position Tuesday.The superintendent of Jac-Cen-Del Community Schools was fired Tuesday night after the board held a special session.Three of the five school board members unanimously agreed to relieve Dr. Leanna Philippe of her job duties. One board member refrained from voting and another was not present at the meeting.Forty-five local residents packed the library of Jac-Cen-Del Elementary School on Tuesday evening.The public meeting was adjourned just minutes after it began, as several crowd members expressed frustration they were unable to speak to the board or get an explanation of why the superintendent was being fired prior to the decision being handed down.A school board must advertise a public meeting to legally make a decision such as terminating the contract of a superintendent. The statute does not dictate they must field questions from crowd members.School board members affirmed that a report will soon be released which will detail the allegations against Phillippe.Board member Deanna Young held back tears expressing to the crowd, “This has not been easy. This has been very tough. I have known Leanna almost all of my life. So, as you sit out there and you are mad, and I understand that, this has been very very hard.”“This is how it has to be done. I know if I was out there I would be mad too.”Former Jac-Cen-Del Superintendent Bill Narwold has accepted the school corporations lead administrator position on an interim basis.Check back on Country 103.9 WRBI and wrbiradio.com for the latest on this story.last_img read more

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Berbice cricket stakeholders move to court today to challenge BCB’s elections

first_imgTHE majority of the cricket stakeholders in the Ancient County will move to the Court today to challenge the legality of the Berbice Cricket Board (BCB) elections, which was held last Sunday at the Classic Hotel and Resort in Corriverton.The cricket stakeholders are claiming that the elections were rigged, adding that it was not held in accordance to the Cricket Administration Bill, and more so it was not carried out based on the directives given by the Justice Navindra Singh.Information reaching Chronicle Sport indicates that the cricket stakeholders will move to have the BCB’s elections results quashed. In addition they are expected to file for contempt of court against elected BCB president Dhierandranauth Somwaru, treasurer Godwyn Allicock, and secretary of the Guyana Cricket Board (GCB) Anand Sanasie.Sunday’s elections, the first since 2014, were scheduled following a ruling delivered by Justice Navindra Singh on September 8.However, Rabindranauth Saywack, the driving force behind the Court action, indicated that Sunday’s elections were not carried out based on the directives given by the Judge.“Look, a directive was given by the Court to allow clubs to vote once members can show documents to verify their legitimacy as they seek to enter the venue. That’s one. Another directive is that the Returning Officer must be elected at a by-election by member clubs on the day itself, but that was not done,” Saywack said during an invited comment yesterday.Former Guyana Cricket Board (GCB) president Drubahadur was nominated as the Returning Officer by 18 members prior to the start of proceedings, an act which created the tension for the entire elections.Sunday’s elections have now left the administration of the game in limbo, a situation, which started since the 2014 elections.last_img read more

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Softball begins Big Ten play

first_imgBEN CLASSON/Herald photoThe Wisconsin softball team hits the road again Friday, but this time its destination will not be so sunny and warm.Wisconsin (10-21) heads to Evanston, Ill., to take on No. 16 Northwestern (13-9) for a two-game set beginning Friday afternoon. The Badgers hope to continue their winning ways against the Wildcats after finishing 3-2 at the Stanford Invitational II in Palo Alto, Calif.“I think it’s definitely a challenge to start against Northwestern,” junior outfielder Valyncia Raphael said. “The way we’ve been playing, it’s definitely going to make us step our game up and make sure we’re focused to start the Big Ten off with a bang.”Although they fell 5-1 to Stanford March 21, the Badgers believe their game against the Cardinal showed some very positive aspects of its play.“Just to know we can play at that level with a team like Stanford is pretty exciting for us,” senior infielder Lynn Anderson said. “We know going into the Big Ten now that we can play with anybody.”Northwestern returns home this week after trips to California and Hawaii that saw it go 3-6 with a pair of three-game losing streaks.“I’d rather play them now than later,” UW head coach Chandelle Schulte said of the Wildcats. “I think that they are tired, I think they are beatable and I think this would be a great time for us to take advantage of that.”This weekend’s games also mark the home opener for the Wildcats and their first home games since the renovation of Sharon J. Drysdale Field.Northwestern is led by the pitching of sophomore Lauren Delaney, who boasts a 2.16 earned run average in 116.1 innings pitched and 165 strikeouts. Opposing batters are hitting only .160 against Delaney in 394 at-bats.“If we hit, we’ll be in every game,” Schulte said. “Delaney is one of the better pitchers in the country, but we hit better pitching, so hopefully we’ll continue to do that.”Also on the schedule for this weekend is a trip to East Lansing, Mich., for a doubleheader Sunday against Michigan State (14-13).The Spartans went 2-1 last weekend at the Best Western Miami Invitational, hosted by the Redhawks of Miami (Ohio). MSU is led by strong hitting, with freshman Bianca Mejia, junior Gina Mondo and senior Nikki Nicosia all hitting .349 or better with on-base percentages over .400 and slugging percentage better than .500.Over spring break, the Badgers traveled to Missouri and California, playing 12 games in 10 days. The trip started slowly as Wisconsin extended its losing streak to eight games before beating Princeton in its first game in Palo Alto.“There’s a monkey running around somewhere because it finally got off our back,” Schulte said of snapping the streak. “If you see it, make sure you don’t return it.”As the Big Ten season kicks off this weekend, Wisconsin is working on playing as a team in order to continue to turn its season around and play more consistently.“We just need to focus on playing for each other and playing behind each other,” Raphael said. “We need to make sure we’re mentally ready and focused.”With four games scheduled so close to home this weekend, the Badgers are getting anxious to get outside and play on their home field at Goodman Diamond. Wisconsin’s first home game is scheduled for April 2 against Loyola.“It’s really hard to go 10 days and play 12 games outside and then come back [and practice] inside,” Schulte said. “Psychologically, it just really takes its toll on you, but it is what it is and we just have to make the best of it.”last_img read more

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Fall sports rally ushers in athletes’ new season

first_imgThe USC Athletic Department and Trojan Pride co-hosted the second annual Fall Sports Rally at the Galen Center on Thursday night to celebrate Trojan athletics.Trojan pride · Senior quarterback Matt Barkley gets pumped up for the season opener against Hawai’i with his fellow athletes at the Fall Sports Rally in the Galen Center on Thursday night. – Corey Marquetti | Daily TrojanThe rally, emceed by 2005 USC alumnus and Lost Angeles blogger Zack Jerome, was also a chance for fans to show their support for Trojan athletes.“We’re here to celebrate our Trojan athletic teams as they prepare for battle this year,” Jerome said, “but we’re also here to celebrate … the students, athletes and fans who make USC more than a university — [they make] us a way of life.”The event featured each of the fall athletic teams, from tennis to football, in a pep-rally style event designed to build excitement for the upcoming season. Students who attended chanted along with the spirit leaders, danced to the music of the USC marching band and many said they left feeling excited for USC sports.“It was pretty spectacular,” said Stephanie Lu, a freshman majoring in biochemistry. “Now I’m excited to go and see [the teams] win.”Aside from the athletic teams, entertainment for the evening included the USC Song Girls, Trojan Dance Force and “We Are Heroes,” season-four winners of America’s Best Dance Crew, and a rap from USC men’s basketball team member Renaldo Woolridge. He debuted his song “Fight On (We Play to Rise).”As Woolridge began his performance, the court turned into a dance floor for student-athletes. Members of the basketball team and quarterback Matt Barkley danced together as Woolridge rapped, “What we do? / Fight on / fight on / fight on / we play to rock.”The stars of the evening, though, were members of the football team, who are preparing for their Saturday game against Hawai’i.When Jerome announced “the fuel behind the Trojan fire,” the crowd cheered, cardinal balloons fell from the rafters and football players back-flipped across the court.“We’ve been waiting for this day for a long time,” safety and team captain T.J. McDonald said, addressing the audience. “We need you guys to support us on Saturday. You’re the 12th man on the field, and we need you.”Students who attended the rally left feeling enthusiastic about the upcoming football season.“Football wasn’t big in my high school, so it’s exciting to go to a school like USC where it’s so important,” said Gilles De Prevoisin IV, a freshman majoring in chemistry. “[This season] is going to be sick, especially with the team we have this year and the teams we’re up against.”Kylie Morgan,  a freshman majoring in print and digital journalism, said she enjoyed watching the band and seeing the athletic teams.“The football team was so spirited and the basketball team was cool. It was a lot of Trojan pride.”According to Erica Fine, a member of Trojan Pride and an undeclared junior, the rally was only the beginning of Trojan Pride’s fall activities.“We plan to advertise different games that are going on to try to get more people involved with the other fall sports, because they are just as important as football,” Fine said.After attending the event, many students said the rally opened their eyes to the amount of sports teams USC has and are excited to go to many of the athletic teams’ games.“I didn’t know we had a sand volleyball team,” said Hayden Buckley, a sophomore majoring in astronautical engineering. “It sounds so cool — I would go to see it.”As for the football team, though, Fine said students should put on cardinal and gold, head to the student section and join in the USC football tradition Saturday.“Get into the game,” Fine said. “The more you yell and scream and chant, the more fun it is and the more you embody the Trojan spirit.”last_img read more

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Football preview: What to expect from the Badgers this season

first_imgThe University of Wisconsin football team enters the 2017 season with high expectations and hopes of replicating, or even exceeding, last year’s success.In 2016, the Badger’s won the Big Ten-West title and acquired a Cotton Bowl victory over Western Michigan. In 2017, the Badger’s will open the season as the No. 12 ranked team in USA Today’s annual preseason coaches poll.After coming so close last year, Wisconsin’s goals remain the same — a Big Ten title and a birth in the College Football Playoff. Let’s dive in on what will help them get there and what could possibly trip them up along the way.Why They’ll SucceedThe SchedulePerhaps the most promising thing for the Badger’s this upcoming season is their schedule. Last year, they had to play an astonishing five of the top ten teams ranked nationally.This included an opening day game against Louisiana State University and a brutal three-week stretch consisting games against the University of Michigan, Michigan State University and Ohio State University.Football: Breakdown of Badgers’ upset over LSUThe Wisconsin Badgers played a spoiler game against fifth ranked Louisiana State University with a 16-14 upset victory in college Read…This season’s schedule is much kinder to the Badgers, as they are set to play only one team that is ranked in the pre-season poll: The Michigan Wolverines.While a weaker strength of schedule may leave Wisconsin with less wiggle room, at the end of the day, it is unlikely the Football Bowl Subdivision selection committee would leave a Big Ten Champion with relatively few losses. The DefenseWisconsin’s top-ranked defense was undoubtedly the biggest strength of the team last year, and that is unlikely to change this upcoming season. The Badgers return 27 of the 33 players who lettered for the team on defense last season, with the departures of TJ Watt and Vince Biegel leave big holes to fill.Wisconsin continues to find athletic success in alumni hiresThere is something unique about the nature of Wisconsin athletics. It’s not the iconic “Jump Around” celebration after the third quarter Read…That being said, head coach Paul Chryst and newly promoted defensive coordinator Jim Leonhard are confident that a collective effort, lead by seniors Garret Dooley and Leon Jacobs, will be sufficient in making sure the defense can continue the success that they had last season.The Badgers ended last season giving up an average of only 15.6 points a, ranking fourth best in the FBS.What Could Cause Them to FailA New Defensive CoordinatorWith defensive coordinator Justin Wilcox’s departure for the head coaching position at the University of California, Los Angeles, Wisconsin was left with large shoes to fill. But, they got their man in Leonhard, a former NFL safety. The only slightly concerning aspect of his arrival to the team is this will only be his second season coaching any level of football.Football: Wilcox departure signals larger problem for UW footballFor the second straight year, the University of Wisconsin football team will enter spring practice with a new defensive coordinator Read…Having just retired from the NFL two seasons ago, Leonhard is a very new face in the college football world. Athletic director Barry Alvarez and coach Chryst see the tenacity and grit that made the 5-foot-8 undersized Leonhard successful and hope that will help him overcome his lack of coaching experience.If Leonhard and the Badger’s defense can find away to replicate last year’s success, it is difficult to imagine any team being able to give them a real challenge in the Big Ten-West Division.Uncertainty with the QuarterbackAlthough freshmen and four-star recruit Jack Coan was incredible during spring practice, the Badgers will start the season with Alex Hornibrook as their starter. Hornibrook started nine games last season and, although he showed flashes of potential, he was also inconsistent with his accuracy.This was evident in games where the Badgers were forced to throw the ball more than usual, like during his 9 for 25 passing performance in a loss against Michigan. This season, Hornibrook will rely heavily on Troy Fumagalli, who returns with hopes of being an All-American tight end.If Hornibrook can take the next step this season and become an above average Big Ten starter, then the Badgers are in business. If not — or God forbid he gets injured — the Badgers will likely turn to Coan to help guide the team to another Bowl game.last_img read more

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Women’s Hockey: No. 1 Wisconsin back on the road against Minnesota State this weekend after three consecutive home matchups

first_imgThe No. 1 Wisconsin women’s hockey team (9-1-0, 3-1-0 WCHA) will take its second road trip of the season to Mankato, Minn., for a weekend game against the Minnesota State Mavericks (4-3-1, 2-3-1 WCHA). The series begins Friday.The last time the Badgers played away from Madison, they swept the Mercyhurst Lakers with ease. The team now looks to build on a successful home stint in which the Badgers went 5-1, the only loss coming in a 1-0 nail-biter Saturday against No. 3 Minnesota. Despite the loss, the team heads to Mankato riding high after an impressive 4-1 victory against Minnesota Sunday.Perhaps the most impressive part of the Badgers’ season so far, however, has been the play of freshman forward Sophie Shirley. After being named WCHA Rookie of the Week last week, Shirley was named WCHA Rookie of the Month on Thursday. She leads all freshmen with six goals and 10 points so far this season and has been a key contributor to an already skilled squad prior to her entrance. Her six goals lead the team.Volleyball: Badgers look to bounce back Sunday against WolverinesThe No. 5 University of Wisconsin Women’s Volleyball team (16-5, 9-4 Big Ten) is preparing to take on the No. Read…Following Shirley’s lead this week was fellow freshman forward Britta Curl, who received WCHA Rookie of the Week honors Tuesday for her gutsy performance against Minnesota last weekend that featured 10 shots. Curl also registered two critical points in Sunday’s victory.It is an understatement to say Wisconsin has fared well against Minnesota State in the past. The Badgers are 84-2-3 all-time against the Mavericks, including a 21-game winning streak that they will look to add upon this weekend.Minnesota State, though, is off to its strongest start since the 2012-13 season. A major reason for their success has been freshman goaltender Abigail Levy, who leads the WCHA with a .954 save percentage, good for 11th in the country. Her 1.35 goals against average is tied for second in the WCHA. Levy was named WCHA Goaltender of the Month Thursday after earning two WCHA Goaltender of the Week awards.The Badgers will be playing without a trio of key players this weekend who will be busy preparing for the upcoming Four Nations Cup. Senior Emily Clark will be representing the Hockey Canada team in her hometown of Saskatoon, Saskatchewan, while fellow seniors Mikaela Gardner and Annie Pankowski were named to the USA Hockey roster. Gardner will be making her senior debut for USA Hockey.Puck drops are set for 6 p.m. Friday and 2 p.m. Saturday from the Verizon Center in Mankato. Saturday’s game can be watched live on the Fox Sports North channel.last_img read more

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