Wednesday 25 November 2020 2:37 pm The sale to Bertelsmann will create a publisher that is larger than the next seven rivals combined in total book sales, a publishing industry source told City A.M. “Bertelsmann is not just buying a book publisher, but buying market dominance as a book behemoth. Distributors, retailers, authors and readers would be paying for this proposed deal for a very long time to come.” Simon & Schuster, which is one of the so-called Big Five publishers, boasts a back catalogue of best-sellers including Joseph Heller’s Catch-22 and Dale Carnegie’s How to Win Friends and Influence People, as well as authors such as Ernest Hemingway and F. Scott Fitzgerald. whatsapp Bertelsmann said the publisher will continue to be managed as a separate imprint under the Penguin Random House umbrella. Bertelsmann today confirmed it had secured the deal with owner Viacom CBS following a closely-fought bidding war. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com More recently, the publisher has released a series of blockbuster hits about the Trump administration, including Rage by Bob Woodward, John Bolton’s The Room Where It Happened and Too Much and Never Enough, an explosive expose by his niece Mary L. Trump. “Following the full acquisition of Penguin Random House in April this year, this purchase marks another strategic milestone in strengthening our global content businesses,” said chief executive Thomas Rabe. Simon & Schuster, which publishes bestselling authors including Stephen King and Dan Brown, was put up for sale in March following a strategic review at Viacom. whatsapp But Bertelsmann today played down antitrust concerns, pointing to the lack of regulatory objections to the merger of Penguin and Random House in 2013. Simon Also Read: Bertelsmann snaps up Simon & Schuster in $2.2bn deal The auction attracted interest from Rupert Murdoch’s News Corp while Vivendi, the conglomerate owned by French billionaire Vincent Bollore, was also linked to a potential offer. James Warrington But the takeover could also raise competition concerns due to the German conglomerate’s ownership of Penguin, which is the world’s largest publisher. Bertelsmann snaps up Simon & Schuster in $2.2bn deal It will also result in the company controlling 70 per cent of the US literary and general fiction publishing market, the source said. Show Comments ▼ It added that the combined market share of Penguin Random House and Simon & Schuster will be below 20 per cent, and pointed to industry disruption from Amazon as a mitigating factor. “There is clearly no market logic to a bid of that size — only anti-market logic,” News Corp chief executive Robert Thomson said in response to the deal. “The book business has been part of Bertelsmann’s identity since the founding of C. Bertelsmann Verlag more than 185 years ago and has lost none of its appeal to this day.” Simon Simon Also Read: Bertelsmann snaps up Simon & Schuster in $2.2bn deal The deal adds to the portfolio of Bertelsmann, which owns a range of publishing assets and European TV group RTL. The takeover cements Bertelsmann’s position as the world’s largest book publisher, and strengthens its footprint in the US — its second biggest market. The German media group behind Penguin Random House has acquired US publisher Simon & Schuster for $2.2bn (£1.6bn). Tags: News Corp The acquisition of Simon & Schuster, which last year reported revenue of $814m, is set to close in 2021 subject to regulatory approval. Share
Invest NI’s support was part-financed by EU funds secured prior to Brexit. The jobs announcement was newly-appointed Economy Minister Paul Frew’s first public engagement in the role. Wednesday 16 June 2021 2:15 pm Ian McConnell, partner lead for PwC Operate, made the investment announcement today at the soon-to-be-opened centre in Merchant Square, close to City Hall. Tags: UK jobs, employment and wages PwC will also collaborate with Queen’s University Belfast and Ulster University to create an additional 38 research roles. The 771 posts are part of a £40m investment in the company’s new Advanced Research and Engineering Centre, which will open in the city next month. The jobs will be created over the next five years. Kevin Holland, chief executive of Invest NI, said: “We’ve been working with PwC since 2011 and, with our support, the local management have successfully positioned NI as a key hub for PwC UK, helping to grow its presence in Northern Ireland from 650 employees to over 2,500. “It’s a huge statement of confidence from PwC UK’s executive board in both the Operate business and our local talent. Share “Our goal is to turn amazing ideas into technology that’ll solve complex business problems into the next decade and beyond,” he said. “It will enhance our reputation as a world leader in technology innovation and our capabilities in important research areas such as robotic process automation (RPA), workflow automation, data analytics and artificial intelligence (AI).” “This significant investment by PwC is a vote of confidence in the talent of our local workforce and the success it has already achieved here,” he said. Also Read: PwC to hire 100,000 new staff in next five years “The strength of our people has already enabled us to turn Operate into PwC’s fastest-growing division and I’m very proud that this gives us the opportunity to create hundreds more highly skilled jobs in Northern Ireland.” Belfast, Northern Ireland “We’re creating a team of engineers and technologists who’ll work within a bigger innovation ecosystem, including government, academia and business, to help our clients take giant leaps, rather than incremental steps. “With almost £10m of support from Invest Northern Ireland towards the new centre, this investment will lead to the creation of almost 800 new jobs, which will generate approximately £25m in additional annual salaries for our economy. Michiel Willems whatsapp The new centre is part of PwC’s Operate division, which is based in Belfast. Stormont business support agency Invest Northern Ireland (Invest NI) has contributed almost £10m in support of the investment. The money was drawn down from the European Regional Development Fund under the EU Investment for Growth and Jobs Programme 2014-2020. “I am delighted that we have been able to secure the company’s further growth ambitions in Northern Ireland, with the Research and Engineering Centre as the latest outcome of our working relationship.” Show Comments ▼ Professional services giant PwC plans to create close to 800 new jobs in Belfast. whatsapp Also Read: PwC staff to head into the office two to three days a week post-Covid Belfast boost: PwC to create 800 new jobs in Northern Ireland’s capital More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com
Tags: NULL Show Comments ▼ Express KCS More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com whatsapp Share whatsapp Tuesday 5 May 2015 8:52 pm Homes versus roads under Ed Balls say Tories THE TORIES claim that Labour’s plan to build 200,000 homes each year could curb infrastructure projects.Due to shadow chancellor Ed Balls’ promise not to increase borrowing, the £2.61bn a year required to meet the housebuildng target would have to come from funds allocated to infrastructure and investment.The Tories said this could risk the funding of road projects such as the A303 Stonehenge tunnel.Transport secretary Patrick McGloughlin told City A.M.: “Ed Miliband’s reckless spending pledges would put our infrastructure at risk. Jobs and the success of businesses around the country are dependent on the road and rail investment we’ve fought hard to secure. Labour would jeopardise that in order to pay for an arbitrary housing target, which they plucked out of thin air because they thought it sounded good.”Labour rejected the claims: “This is more desperate nonsense from the Tories. Their figures are incorrect, and they’re wrong to say Labour will not go ahead with infrastructure projects”.In January, the Lloyds Banking Group Commission on Housing called for 200,000-250,000 new homes to be built a year, for the next decade.
Show Comments ▼ Tags: Brexit David Cameron People David Cameron will today concede to his Tory backbenchers that he will limit public money for a pro-EU campaign in the upcoming referendum. In a bid to pacify its slim majority, the government will reassure its Eurosceptic MPs that there will be no taxpayer-funded push for the UK to remain in the EU. Read more: There will be no 5 May EU referendum vote as Cameron offers concession to EuroscepticsThe move comes after Tory MPs were angered at Cameron’s attempt to scrap “purdah” rules – which would allow the Prime Minister to use Whitehall resources in the campaign. Just six weeks after the Conservatives’ General Election victory, it has been reported that Tory whips warned MPs against a rebellion, saying “now is not the time for division”.”It has done damage”One Eurosceptic Tory MP told The Telegraph that “of course [the purdah issue] has done damage. It is incredibly unwise to provoke this row at the moment. It is completely unnecessary”.However, Number 10 insisted plans to change the purdah rules were not related to government spending in the campaign, but instead to give ministers freedom to air their views. The Prime Minister’s spokesperson attempted to reassure MPs, saying:Our aim here is to look at how we can address people’s concerns on the purdah point, while retaining the ability for the government to publish things during the referendum campaign without being constrained in the way it would have been previously.That’s the objective as we look to work on this. Committee stage [of the EU Referendum Bill] will provide an opportunity to discuss with MPs how we might address people’s concerns.Business concernsBusiness leaders voice their concerns about the way government resources could be used in the campaign. Read more: A third of Britons would vote to leave the EURobert Oxley, campaign director of Business for Britain said:Purdah rules go to the heart of fairness in any democratic vote. By scrapping the rules that prevent the machinery of government being used to unduly influence the outcome of a referendum, the Government look like they are stacking the deck.The poll must be fair, otherwise the result will lack legitimacy in many people’s eyes making it impossible for the Government to win the argument, not matter what they do. Ministers have clearly been poorly advised on the need for purdah rules and should think again before they damage the credibility of the whole process. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyTotal Battle – Tactical Game OnlineThe Most Addictive Strategy Game of 2021Total Battle – Tactical Game OnlineEliteSinglesThe Dating Site for Highly-Educated Singles in ScottsdaleEliteSingleszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.com Cameron to promise more Eurosceptic concessions as he limits public money for yes campaign Tuesday 16 June 2015 4:33 am Share whatsapp whatsapp ashley.kirk
By Sam Whelan 06/11/2019 © Andrew Grant | Dreamstime.com Australia’s terminal operators have offset dwindling container volumes and quayside revenue by hiking controversial ‘port infrastructure’ charges.According to the Container stevedoring monitoring report 2018-19, published today by the Australian Competition and Consumer Commission (ACCC), throughput at the country’s terminals increased just 0.2% to 7.88m teu – the second lowest rate in a decade.Furthermore, full container lifts fell 4.9%, compared with a 14.6% uptick in empty container lifts.“Industry volumes were slightly better when measured on a teu basis, as cargo owners continued to increasingly adopt 40ft containers instead of 20ft containers,” ACCC noted.“The slowdown in container volume growth reflects weakening economic activity in goods distribution industries such as retail and manufacturing.“In addition, the drought in eastern Australia and floods in Queensland negatively impacted volumes of various export commodities such as grain, hay and cotton.”The report says the increased competition between stevedores with the arrival of relative newcomers Victoria International Container Terminal (VICT) and Hutchison Ports, has seen the share of incumbents Patrick and DP World Australia (DPWA) decline to 82%, the lowest on record.ICTSI’s VICT was the biggest winner, doubling its share of Melbourne lifts to 15%, while DPWA’s overall nationwide share declined from 44% to 39%.Quayside revenue per lift continued a downward slide, falling 8.1%, year on year, to A$190.40 (US$131.35), reflecting the continued growth in shipping lines’ bargaining power and the relatively high proportion of empty containers, ACCC said.However, higher infrastructure charges, levied on truckers and passed on to cargo owners, helped drive the stevedores’ overall growth in unit revenues for the first time since 2011–12, increasing 1.8% to A$268.50.“Revenue from landside and other sources increased by 12.9% to A$78.10 per container, due mainly to increases in infrastructure charges. These revenues now make up 29% of the total.”The industry’s total revenue generated from infrastructure charges jumped 63% to A$167m, while operating profit fell by 4.7% to A$81.3m.ACCC said it was understandable for stevedores to seek to recover some costs from landside transport operators, but cautioned that they were earning a growing portion of their revenues from customers that have limited alternatives.On Monday, the row over infrastructure charges spread to the west coast port of Fremantle, where DPWA announced it would increase the fee on laden containers from A$8.22 to A$45 from 1 January.In a letter to customers, DPWA’s general manager commercial Sean Barrett said: “Our industry is experiencing rising costs in the most dynamic and competitive market conditions in decades.“Operating costs at Fremantle Terminal have risen considerably in the last five years. DPWA has continued to absorb the majority of these costs whilst focusing on productivity initiatives to offset the cost increases.“These initiatives have delivered a 20% improvement in road efficiency for carriers and contributed to an increase in rail utilisation, however the material rise in costs can no longer be offset by productivity improvements.“DPWA has also continued to invest at our Fremantle Terminal with more than A$16m in critical infrastructure to keep pace with industry expectations, and handle greater peaks and troughs in cargo arrival patterns.”However, Fremantle Ports chief executive Chris Leatt-Hayter responded: “DP World’s action is disappointing, given the substantial effort both parties have made to reach agreement on the new lease arrangements over the past months.“It also confirms Fremantle Ports’ concerns about the level of future infrastructure surcharges if no agreed approach is in place under the new lease.”
Lilly’s Retevmo shows success in rare tumors. But can doctors identify the patients who would be helped?
Log In | Learn More Kristoffer Tripplaar/AP By Matthew Herper April 11, 2021 Reprints STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Senior Writer, Medicine, Editorial Director of Events Matthew covers medical innovation — both its promise and its perils. Retevmo, a drug developed by Eli Lilly’s Loxo Oncology unit, shows efficacy in tumors beyond the lung and thyroid cancers where it is approved so long as those tumors bear a key genetic alteration, the company said.Full data were released Sunday at a presentation at the virtual meeting of the American Association for Cancer Research. Biotech Unlock this article — plus daily coverage and analysis of the biotech sector — by subscribing to STAT+. First 30 days free. GET STARTED @matthewherper Lilly’s Retevmo shows success in rare tumors. But can doctors identify the patients who would be helped? What’s included? About the Author Reprints Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Matthew Herper GET STARTED [email protected] What is it? Tags AACRbiotechnologycancerimmunotherapy
RELATED ARTICLESMORE FROM AUTHOR Electric Picnic organisers release statement following confirmation of new festival date Previous article2020 Remembered: Brilliant Rosenallis knock Camross out of the championshipNext article2020 Remembered: Laois GAA secretary praises executive committee and hits out at ‘self-informed trolls’ LaoisToday Reporter Pinterest Electric Picnic Facebook This was a very dramatic incident back in May.A man was arrested after a Garda chase on Sunday night at Morette near Emo, having failed to stop at a checkpoint in Stradbally.The chase went across country before the Gardaí caught the man and arrested him. The incident occurred at about 9.30pm.There was a minor altercation where he was caught near the old Dublin Road at Morette.A Garda spokesperson confirmed this morning that they arrested a man at the scene. He was released but with a court case pending.Gardaí have stepped up their presence around the country this morning as the Government’s roadmap towards re-opening the country gets underway.Under Phase 1 of the Government’s plan, certain retail outlets have been permitted to re-open, including hardware shops, garden stores and opticians while building sites have also been permitted to open again too.There have been now 1,542 deaths in Ireland from Coronavirus and over 24,000 confirmed cases.Parks, beaches, mountain walks, heritage and cultural sites will also reopen today, along with outdoor sports facilities such as pitches, tennis courts and golf courses.Even though these amenities are reopening, people are advised not to travel beyond 5km from where they live to visit any of the facilities.People can also meet up in groups of four, within 5km of their home.SEE ALSO – For more 2020 Remembered stories, click here Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Electric Picnic Home We Are Laois 2020 Remembered: Man arrested after Garda chase from Stradbally to Emo We Are Laois Twitter TAGS2020 Remembered Electric Picnic WhatsApp By LaoisToday Reporter – 30th December 2020 WhatsApp 2020 Remembered: Man arrested after Garda chase from Stradbally to Emo Twitter Electric Picnic apply to Laois County Council for new date for this year’s festival Facebook Pinterest
News Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak [imText1]‘Leading Ladies of North Korea’ is the 35th cartoon drawn exclusively for Daily NK by Gregory Pence. A creative and talented cartoonist, Pence now lives in Seoul, where he is keen to keep shedding light on political, economic and human rights problems in Northeast Asia.South Korea has a long history of TV talk shows involving panels of individuals discussing life, the universe and everything. Recently, ‘On My Way to Meet You’ became the latest incarnation of this style of program, one that has since garnered great popularity for the way its panel of defector women so adeptly humanize life in North Korea in a way that books, music and even films often cannot.These North Korean women are truly becoming South Korea’s leading ladies. And who knows? One day maybe they will be joined on stage by another leading lady from Pyongyang… By Daily NK – 2012.09.12 3:58pm News There are signs that North Korea is running into serious difficulties with its corn harvest SHARE Daily NKQuestions or comments about this article? Contact us at [email protected] North Korea tries to accelerate building of walls and fences along border with China The Leading Ladies of North Korea News Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR News
Citizens who thereafter did not contribute the required quota of rice were excluded from what was left of the state distribution system. State organizations were also mobilized to collect food for the military, and those who did not satisfy the requirements were stripped of their political status and other perks. As a result, many had no choice but to eat significantly less in order to contribute their quota to the state. US dollar and Chinese reminbi plummet against North Korean won once again Daily NKQuestions or comments about this article? Contact us at [email protected] SHARE Sources in North Korea are reporting that the authorities are preparing another push to collect rice for the armed forces this fall. However, in contrast to previous years, this time the order has been issued to the military itself. Ordinary citizens have in the past been assigned the task of gathering these provisions, but the responsibility this year has fallen on military conscripts. But even these provisions were insufficient to feed the entire military. During the mid 2000s, the government hoped to solve the food shortage by allowing military members to cultivate small private gardens for personal consumption. The recent directive, however, seems to be an attempt by the authorities to absorb some of these stocks as well. “Is there any other country on Earth that does not feed its own military? I thought the army was supposed to be defending our country, but instead they’re turning us into an army of farmers,” one serviceman told the source.The North Korean regime began emphasizing the importance of feeding its military as a national priority after the Great Famine of the mid 90s. Kim Jong Il introduced the concept of songun (military-first) ideology, stating that “our nation’s armed forces must never go hungry!” Facebook Twitter The source says that soldiers are complaining about the plan, especially given the government’s failure to distribute goods, even to the military in recent times. “Military leadership handed down orders last month detailing the quotas required to be collected by the local 12th Corp. These orders include amounts covering every division and brigade in the entire 12th Corp, which must be collected and presented to division leaders in the coming season,” a source in Ryanggang Province informed Daily NK on October 18.“It is quite absurd that military personnel have to collect these provisions themselves. And such orders were handed down in all provinces, covering all military divisions across the country.” News NewsEconomy News Military ordered to gather its own rice North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) There are signs that North Korea is running into serious difficulties with its corn harvest By Daily NK – 2017.10.20 2:29pm News RELATED ARTICLESMORE FROM AUTHOR According to a source in North Hamgyong Province, military members are complaining that they “must begin large-scale farming from next year” in order to meet these new demands, calling the plan just another “government scheme.”