Limelight unstitched summer collection 2021

Like many of his neighbors and fellow business owners, Babajide Alao first saw the news while scrolling social media on May 10: A popular stretch of Rockaway Beach would close to the public this summer as the U.S. Army Corps of Engineers and the New York City Department of Parks and Recreation continue the federally funded, multiyear, $336 million Atlantic Shorefront Resiliency Project . Through the building and restoration of stone groins (similar to rock jetties) in the ocean, the plan is to prevent further sand erosion linked to the climate change-induced rise in sea level. The announcement, which came less than three weeks before Memorial Day--the start of peak season in the tourism-dependent corridor--rocked local morale, especially among business owners, who had hoped for a return to normalcy after two years amid the pandemic. Many area entrepreneurs, who say that city parks officials led them to believe beaches would stay open during construction, now fear that this … [Read more...] about What Happened When Rockaway’s Residents Heard the Beach Would Be Closed This Summer? The Business Community United

Key Takeaways Analysts estimate adjusted earnings per share (EPS) of -$0.01 vs. -$0.09 in the second quarter of fiscal year (Q2 FY) 2021. The number of average daily active users is expected to rise year over year (YOY). Revenue is expected to rise at the fastest pace in at least 14 quarters, continuing its strong momentum amid last year’s boom in online traffic during the COVID-19 pandemic. Snap Inc. ( SNAP ), parent company of the Snapchat app, has been feeding off of momentum set off by the increase in online traffic last year, as people sheltered at home amid the COVID-19 pandemic. While digital ad spending initially took a hit in the early stages of the pandemic, it bounced back in the latter half of 2020. Rising ad spending, Snap’s primary revenue source , helped it to finally post a small profit in recent quarters after years of losses. Investors will focus on whether Snap has been able to build on that performance when the company reports earnings after … [Read more...] about Snap Q2 FY 2021 Earnings Report Preview: What to Look For

Representative image Public sector lender Punjab National Bank has said it earned over Rs 645 crore by levying ATM transaction charges on customers during the financial year 2021-22. Revenue earned by PNB from ATM transaction charges stood at Rs 645.67 crore in financial year 2021-22, the bank said in response to an application seeking information under the Right to Information (RTI) Act. Besides, the country's second largest lender collected Rs 239.09 crore in the form of penalty imposed on customers who failed to maintain minimum balance or quarterly/monthly average balance in their bank accounts, according to the bank's response to Madhya Pradesh-based RTI applicant Chandrashekhar Gaur. In 2020-21, the bank had earned Rs 170 crore by levying charges on customers for not maintaining minimum balance in their accounts. This amount was collected from 8,518,953 accounts during Finanical Year 2022. To a query on the number of zero balance accounts with the bank, PNB (Punjab … [Read more...] about PNB earns over Rs 645 crore through ATM transaction charges in Financial Year 2022

The documentary digs into President Rodrigo Duterte’s attacks on news media through the story of one of his prime targets: renowned journalist Maria Ressa. PBS Filmmaker Ramona Diaz’s A Thousand Cuts , the 2021 FRONTLINE documentary probing the war between the government and the press in the Philippines, won a  2022 Robert F. Kennedy Journalism Award in the International TV category. The documentary digs into President Rodrigo Duterte’s attacks on news media through the story of one of his prime targets: renowned journalist Maria Ressa. Last year, Ressa was awarded the 2021 Nobel Peace Prize. Ressa, CEO and co-founder of the independent news site Rappler, and her colleagues have been at the forefront of covering Duterte’s brutal war on drugs, and she has endured harassment, arrests and faces potential prison time for what press advocates have called politically motivated charges. The RFK judges called A Thousand Cuts an “excellent documentary film both journalistically … [Read more...] about Ramona Diaz’s ‘A Thousand Cuts’ spotlighting Maria Ressa wins RFK Journalism Award

- A + A NEW YORK (May 26): Oil prices climbed about 3% to a two-month high on Thursday on signs of tight supply ahead of US summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine. Brent futures rose US$3.52, or 3.1%, to US$117.55 a barrel by 1.34pm EDT. US West Texas Intermediate (WTI) crude CLc1 rose US$3.97, or 3.6%, to US$114.30. Brent was on track for its sixth straight daily gainand highest close since March 25. WTI was headed for its highest close since March 23. "Crude prices rose as a tight oil market was going to remain in place given the start of the summer driving season was going to keep a downward trajectory for US stockpiles," said Edward Moya, senior market analyst at data and analytics firm OANDA. Crude drew support from a big weekly drawdown in US crude inventories, reported on Wednesday. "The fundamental backdrop ... is getting price supportive ... and … [Read more...] about Oil jumps to 2-month high on tight supplies, EU seeks Russian crude ban

- A + A KUALA LUMPUR (May 26): Communications and Multimedia Minister Tan Sri Annuar Musa said his Ministry and the Ministry of Finance have yet to study the requests of telecommunication companies (telcos) on the shareholding structure of Digital Nasional Bhd (DNB), the special purpose vehicle set up for the nationwide rollout of the 5G network. However, he added that the government is firm on not allowing any telco having a higher stake in DNB. “We have received their request, but the government has not made any firm decision. Both Senator Tengku Datuk Seri Zafrul Tengku Abdul Aziz and I were away,” Annuar told the media in a press conference at the offical launch of YES’ 5G service on Thursday (May 26). “I will sit down with the Minister of Finance, we will look at the request and the government will give our response as soon as possible,” he added. He confirmed that the big four telcos (Celcom Axiata Bhd, DiGi Telecommunications, Maxis Bhd, U Mobile Sdn Bhd) … [Read more...] about Government firm on telcos having equal stake in Digital Nasional Bhd

I must admit that I hesitated before putting pen to paper this month, because so much has been written and said about food waste – in this newspaper, in other media, by advocacy groups and others – that I wondered whether there is anything I can usefully say. But food waste is a really serious element of the planetary health crisis and one of the issues that we have the most power to change by our individual behaviours. So let me start with some often-quoted facts and figures: Globally, somewhere around 40% of food that is produced for us is never eaten. It is simply thrown away. On average, Malaysian households throw away around 25% of the food we buy in supermarkets. So with the average family spending around RM900 on food each month, that means around RM225 goes in the bin, and more often than not to a landfill. When you add other forms of food waste such as that produced by restaurants, supermarkets and other sectors, out of the 38,000 tonnes of trash we throw away every … [Read more...] about Malaysia is drowning in uneaten food – 6 steps you can take to help stop food waste

PETALING JAYA: Star Media Group Bhd (SMG) has signed a new collective agreement (CA) 2022 with the National Union of Journalists (NUJ) as it looks ahead to better serve consumers and provide job security for its employees. SMG group chief executive officer Alex Yeow said he was pleased that the CA was concluded amid the ever-changing media landscape. “It’s always good to work together with shareholders and employees,” he said at the signing ceremony at Menara Star here yesterday. Yeow added that a win-win situation must be achieved in ensuring the sustainability of the company and job security for the workers. Noting the group’s improved revenue in the fourth quarter of 2021, he expressed optimism in print journalism in the digital era while promising to take the company forward. “We have turned around from a difficult period and are optimistic about performing better. Working together: Yeow (fourth from left) exchanging documents with Chin after the signing ceremony at … [Read more...] about New deal puts sustainability, job security at the forefront

KUALA LUMPUR: First, Larissa Lumandan left her mobile phone in the freezer. Next, she could not remember what items she needed to bring when moving to Kuala Lumpur from Sabah or even how to arrange them in her luggage. "It took me three days to pack a simple suitcase. It was, like, as though I didn’t know how to pack things. It’s never happened to me before, never,” the 32-year-old writer told Bernama. It did not stop there. The Kota Kinabalu native said after moving to Kuala Lumpur last month, she would regularly do silly things like trying to find clothes she had chosen to wear while holding the said clothes, and rewashing dishes over and over again because she kept forgetting she had washed them. It was only when she ended up in Avenue K, while trying to get to the Suria KLCC shopping mall via the connecting tunnel - a place she used to go to often as a student in Kuala Lumpur - that she realised something was wrong. She described her mind as being "very blur”. In medical … [Read more...] about Experts: Under-reporting of long Covid endangers patients’ recovery, healthcare system

Author Geetanjali Shree's Hindi novel Tomb of Sand' has become the first book in any Indian language to win the prestigious International Booker Prize. At a ceremony in London on Thursday, the New Delhi-based writer said she was completely overwhelmed with the "bolt from the blue" as she accepted her prize, worth GBP 50,000 and shared with the book's English translator, Daisy Rockwell. Tomb of Sand', originally Ret Samadhi', is set in northern India and follows an 80-year-old woman in a tale the Booker judges dubbed a joyous cacophony and an "irresistible novel". I never dreamt of the Booker, I never thought I could. What a huge recognition, I'm amazed, delighted, honoured and humbled, said Shree, in her acceptance speech. There is a melancholy satisfaction in the award going to it. Ret Samadhi/Tomb of Sand' is an elegy for the world we inhabit, a lasting energy that retains hope in the face of impending doom. The Booker will surely take it to many more people than it would … [Read more...] about Geetanjali Shree wins International Booker Prize for first Hindi novel ‘Tomb of Sand’