Transat buys up land in Mexico one step closer to launching its

first_img MONTREAL — Transat A.T. Inc. has made its first step towards the goal of opening its own hotels with the announcement that it has purchased land in Riviera Maya, Mexico.The stretch of land, located in Puerto Morelos on Mexico’s Yucatán Peninsula, is ideally situated midway between Cancun and Playa del Carmen, some 20 kilometres from Cancun International Airport.In addition, the company has entered into a promissory agreement to purchase a second adjacent property for a total consideration of between US$54 and $57 million to build a new beachfront resort.The agreement is subject to certain usual conditions and is anticipated to close on or around Nov. 1, 2018.“We are very pleased with these transactions in a prominent Mexican tourism market,” said Transat President and Chief Executive Officer Jean-Marc Eustache. “This is just the beginning: we are continuing our exploratory work with the objective of finding attractive land or hotels that we can acquire or manage. Our company’s future growth will be built on hotel development and, obviously, the strength of our leisure travel business.”More news:  Beep, beep! Transat hits the streets with Cubamania truckFirst announced in July 2017 following the sale of its minority 35% interest in Ocean Hotels, Transat’s new hotel division will include some 5,000 owned or managed hotel rooms at its main Sun destinations by 2024. Posted by Tuesday, September 25, 2018 Share << Previous PostNext Post >>center_img Tags: Hotels & Resorts, Riviera Maya, Transat Transat buys up land in Mexico, one step closer to launching its first resort Travelweek Group last_img read more

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AMBER to create 350 new research positions from 20192025

first_imgAMBER, the SFI Research Centre for Advanced Materials and Bio-Engineering Research headquartered at Trinity College Dublin, has today launched its second phase of the centre which will see 350 new research positions created directly between 2019 and 2025, while also supporting the Government’s Future Jobs Ireland initiative. This second phase is being delivered via €40 million in funding over the next six years through Science Foundation Ireland’s (SFI) Research Centres Programme, coupled with €77 million in cash and in-kind contributions which AMBER will raise in investment from industry and non-exchequer sources through their collaborative and international research activities.With a total employment of 1116 staff, during the first phase of the centre (2013-2019), AMBER generated 14,279 jobs nationwide in sectors such as biomedicine, pharmaceutical, energy and ICT. During this time, for every €1 invested, AMBER has helped the Irish economy to grow by €5. The AMBER centre has made valuable contributions to the economic and societal wellbeing of Ireland by partnering with over 40 companies from SME’s to Multinational Companies and attracting over €40 million in international research funding.New investment from government, industry and international research funding during phase two (2019-2025) will grow the Centre’s world leading academic and industry orientated materials science research in critical and emerging sectors of the economy, such as ICT, MedTech, manufacturing technologies and energy.Between 2019 and 2025 AMBER will bring together research clusters to address current gaps in knowledge, drive advances in materials science and engineering, and translate research excellence into new sustainable products and technologies for society and solutions for industry. AMBER’s work will create new materials and technologies that minimise environmental impact and build a sustainable future. The creation of 350 new research positions will also strongly contribute to the Government’s Future Jobs Ireland initiative by promoting interest in ICT, manufacturing technologies and energy, thereby ensuring that our economy is well positioned into the future.The funding will expand AMBER’s remit into the realm of materials for sustainability, developing Irish science to support a green revolution aligning with the All Government Climate Action Plan. It will play a significant part in tackling climate change and supporting the circular economy, through, for example, research into sustainable biopolymers as alternatives to synthetic polymers, and working with industry to reduce waste and increase resource efficiency.Other significant environmental impacts will be achieved through the development of novel energy technologies and innovative materials for energy harvesting, delivery, and storage. The development of new technologies to convert light into chemical energy, cost-effective thermo-electric generators and high-performing magnets for energy applications will all contribute to reduce environmentally damaging emissions and increase energy efficiency.AMBER scientists pioneering new technologiesAMBER scientists are pioneering new technologies that reduce power consumption in electronic devices and data centres, enable better batteries for energy storage, promote the capture and conversion of carbon dioxide and develop alternatives to petroleum-based polymers for consumer products. With a track record in materials science research rivalling other world-leading scientific institutions, AMBER research is creating new sustainable materials that will provide solutions for current problems and address future needs.AMBER currently partners with 40 companies across the fields of ICT, medical technologies and devices, as well as those in the sustainability and manufacturing. AMBER will continue to significantly scale its industry investment during the centre’s second phase, aligning its vision with Enterprise 2025, Ireland’s national policy document by the Department of Jobs, Enterprise and Innovation. AMBER will play a crucial role for both multi nationals and SMEs in driving innovation and will demonstrate economic impacts through retaining Irish-based multinationals, driving their research and development agendas. It will also attract new foreign direct investment to Ireland and investment from foreign-owned businesses within Ireland, strengthen SME investment in research and development and create new spin-out businesses.AMBER researchers are world leaders in the area of biomaterials for tissue regeneration, additive manufacturing, bioprinting and scaffold-mediated drug delivery, and will facilitate the development of new engineered implants, between 2019 and 2025, alongside researchers with expertise in immunology and 2D materials. Expected impacts in the area of health include the development of new therapies for the treatment of bone defects and heart attacks, peripheral nerve repair, joint repair and wound healing, as well as developing new methods for monitoring health.Minister for Business, Enterprise, and Innovation, Heather Humphreys TD said: “The second phase of AMBER will contribute hugely to the Government’s strategy to prepare now for tomorrow’s world, through plans like Future Jobs Ireland and Project Ireland 2040. The work done by AMBER previously has helped position Ireland as a world leader in research, further strengthening our global credibility across a number of different sectors.”Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, said: “I congratulate AMBER on all of its success as it moves to the next phase. SFI Research Centres such as AMBER provide the basis for Ireland to move towards becoming an innovation leader, by providing new thinking and new solutions. We have many opportunities, including those I set out in the recently published National Space Strategy for Enterprise, it is important that we invest in excellent research to allow us to take full competitive advantage and deliver this potential.”Professor Mark Ferguson, Director General Science Foundation Ireland and Chief Scientific Adviser to the Government of Ireland, said: “The SFI Research Centre AMBER has contributed hugely to fundamental and applied materials science research. In only a short period AMBER has made incredible progress, in terms of increased academic and industrial collaboration, training PhD students for industry, winning competitive funding from the EU, producing excellent scientific results and public engagement. Science Foundation Ireland looks forward to continuing to support this world-class centre, increasing our ability to positively impact both society and the economy through excellent scientific research.”Dr Patrick Prendergast, Provost of Trinity, said: “AMBER has played a leading role in consolidating Ireland’s reputation for materials and bioengineering science research and this announcement highlights the ongoing ambition of the centre to create high-quality, high-tech employment opportunities for the future. AMBER has been a successful model for linking industry and academia, underpinned with fundamental research, and will continue to positively contribute to the economy and society. Trinity is committed to fundamental research and generating close links between industry and academia which AMBER will continue to forge and that will create new business opportunities for the future.”Ruairí Quinn, Chair of AMBER, said: “The second stage of AMBER will ensure that our researchers can carry out breakthroughs in some of society’s greatest challenges through collaboration and engagement with national and international academics, businesses and communities. With an expanded remit in training and researcher development, we can contribute significantly in preparing highly skilled individuals for the Irish workforce. The centre will continue to be a recognised model in Ireland for driving our international reputation in science and become one of the world’s leading materials science centres.”Professor Mick Morris, Director of AMBER, said: “As part of AMBER’s second phase, the centre will demonstrate significant impacts which will benefit individuals, communities, organisations and society both in Ireland and around the world. We will do this by delivering world-class materials science research and forming strategic alliances with industry, as well as significant collaborations with leading academics and clinicians. The quality of our scientific research is critical for AMBER in attracting and sustaining long term engagements with industry, providing a skilled workforce competing for non-exchequer funding and tackling global challenges.”last_img read more

Mike Leach has some brutally honest thoughts on the NCAAs decision

first_img“It appears that the selfish interests of a few schools and conferences prevailed over the best interests of future potential student-athletes,” WSU coach Mike Leach said in a text message to the Seattle Times. “The mission of universities and athletic programs should be to provide future student-athletes with exposure to opportunities, not to limit them. It appears to me that some universities and conferences are willing to sacrifice the interests of potential student-athletes for no better reasons than to selfishly monopolize their recruiting bases.” “I will be fascinated to hear any legitimate reasoning behind this ruling.”Linebackers coach Ken Wilson didn’t shy away either.Taking away Satellite Camps eliminates an opportunity for quality SA’s to be trained, seen and advised by College Coaches! #thanktheSEC/NCAA— CoachKen Wilson WSU! (@CoachKWils) April 8, 2016Yep. That sums up exactly how I, and many other coaches in the profession, feel.The new rule does allow kids to sign up for on-campus camps hosted by schools, but as Wazzu chief of staff Dave Emerick points out, “I don’t think 400 kids from Los Angeles will be able to afford plane tickets to come to WSU.”Read more here. AD Quality Auto 360p 720p 1080p Sponsored By Connatix There are three certainties in life; death, takes, and Mike Leach telling you EXACTLY what is on his mind when you askhis opinion. Today, Leach’s target today’s ruling by the NCAA to ban satellite camps – and he spit hot fire.Leach and his staff had planned to visit a handful of schools during a California camp circuit, but the ruling by the NCAA today has forced them to cancel those plans.In his trademark fashion, Leach was very vocal in where he stands on the issue in a comment to the Seattle Times, and it’s a vantage point that is shared by a number of other coaches out there.last_img read more

by The Associated Press Posted Sep 28 2018 9

first_img by The Associated Press Posted Sep 28, 2018 9:42 am PDT Last Updated Sep 28, 2018 at 10:21 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CNN founder Turner says network is too heavy on politics NEW YORK, N.Y. – CNN founder Ted Turner still occasionally watches the network he started nearly four decades ago, although he thinks it’s a little heavy on politics.Turner said in an interview with “CBS Sunday Morning” that airs this weekend that he’d prefer his old network had a more balanced agenda, “but that’s just one man’s opinion.”Turner hasn’t had anything to do with CNN for years. He’s 79, and spoke in the CBS interview about his battle with a progressive brain disorder. He has Lewy Body Dementia, and said the main symptoms are exhaustion and forgetfulness.Turner said he once thought about running for president when he was married to Jane Fonda. He said she told him that if you run for office, you run alone.center_img FILE – In this Dec. 6, 2013, file photo, media mogul Ted Turner talks with guests at the Captain Planet Foundation benefit gala in Atlanta. CNN founder Turner still occasionally watches the network he started nearly four decades ago, although he thinks it’s a little heavy on politics. Turner said in an interview with “CBS Sunday Morning” that airs this weekend that he’d prefer his old network had a more balanced agenda, “but that’s just one man’s opinion.” (AP Photo/David Goldman, File) last_img read more

Investigation into childs death

first_imgThe cause of death of an eight-year-old child who died in Limassol hospital on Monday morning will be investigated during a post mortem on Tuesday.The health ministry reported to the Cyprus News Agency that the child was brought to the A&E department of the hospital with a high fever on Sunday afternoon by its mother.Doctors who examined the child considered it necessary to hospitalise it, but a little later the mother asked for the patient to be discharged.Around 2am on Monday, she brought her child back to the hospital with a low pulse and high fever, and the eight-year-old died in the early morning hours despite efforts by the medical staff.According to the health ministry, there is no question of medical negligence.Health Minister, Constantinos Ioannou, however, has requested a report to be submitted to his office by Tuesday.You May LikeVIZRUse Your Smartphone as Display While DrivingVIZRUndoSports DropRanking The 25 Greatest Players in NFL HistorySports DropUndoKey SmartUpgrade Your Keychain With This GadgetKey SmartUndo Modi versus Wild: Indian PM to join Bear Grylls in wildernessUndoLED-lighting the way by 2020UndoBale’s China move called off by Real MadridUndoby Taboolaby Taboolalast_img read more

Eros International to Buy Back Shares Worth Up to 20 Million in

first_img bseEros InternationalKishore LullaNew York Stock Exchange First Published: June 10, 2019, 12:48 PM IST New Delhi: The board of media and entertainment firm Eros International Monday announced a share repurchase program worth up to $20 million (approx Rs 138.86 crore) on the New York Stock Exchange. The announcement comes after Credit Analysis and Research Limited (CARE), last Wednesday, downgraded the ratings assigned to the bank facilities of Eros International’s Indian arm Eros International Media on account of a delay in servicing of bank loans for the month of April 2019 and May 2019. “The Eros board of directors believes the equity value of Eros International is seriously undervalued in the public markets; and accordingly, the board has approved a share buyback program of up to $20 million of outstanding common shares,” Eros International Media said in a regulatory filing on Monday.Eros International Group Chairman and CEO Kishore Lulla said, “We now have a strong financial and operating position and our management team are making it a priority to work with CARE Ratings, the regulatory agency, to have our credit rating revised upwards in due course”Regarding share repurchase announcement, the company said it “may be made at management’s discretion from time to time in the open market or through privately negotiated transactions. “The repurchase program has no time limit and may be suspended for periods or discontinued at any time. Eros’ share repurchase program does not obligate it to repurchase any specific number of shares and may be suspended or discontinued at any time”.Shares of Eros International Media Monday fell 9.90 per cent on the BSE to hit its 52-week low and the lower circuit of Rs 40.95 apiece. The company’s shares had plummeted 15 per cent Friday despite the company’s clarification regarding CARE ratings action. ​ last_img read more