Rs 27 crore

An ex-California resident was sentenced to 27 years in federal prison Tuesday after pleading guilty in August 2022 for committing “monstrous acts” against three female victims as young as 12-years-old. Matthew Christian Locher, 32, was dubbed “a parent’s worst nightmare” by United States District Judge Dolly M. Gee after grooming vulnerable girls online for his own sexual gratification, according to a release from the U.S. Attorney’s Office, Central District of California. Former South Bay resident sentenced to 27 years in federal prison for enticing vulnerable girls to engage in masochistic abuse online https://t.co/wrLb8VnEqd — US Attorney L.A. (@USAO_LosAngeles) March 28, 2023 targeted young girls who were struggling with mental health issues, including depression, suicidal thoughts and eating disorders who had turned to the internet seeking help for their issues. From November 2020 to May 2021, Locher encouraged two of his victims to self-mutilate, urging them … [Read more...] about Man Gets 27 Years For Urging 12-Year-Old To Be His ‘Sex Slave,’ Child Mutilation

MANILA, Philippines  -Consunji-led DMCI Holdings Inc. pumped up cash dividends by 50 percent after a rally in commodity prices propelled 2022 profits of the conglomerate to a record high. DMCI said in a stock exchange filing on Wednesday it will pay a total of P9.56 billion in both regular and special cash dividends to stockholders. This was equivalent to 31 percent of core earnings and above the holding company’s dividend policy of paying out 25 percent of the past year’s profits. It is paying a total cash dividend of P0.72 per share common share on April 28 to stockholders on record as of April 27 this year, the filing showed. DMCI, which owns coal and power producer Semirara Mining and Power Corp., earlier said 2022 net income surged 69 percent to over P31 billion. Contributions from units, which include water services, property development, mining and construction, pushed up revenues by 32 percent to P142.6 billion. DMCI said contributions from Semirara last year … [Read more...] about DMCI increases cash dividends by 50% after record profit

INQUIRER.net FILE PHOTO OLONGAPO CITY — A man sustained injuries after he was electrocuted while painting a signboard of a hotel in Barangay Barretto here on Monday (March 27), police said. Investigators identified the victim as Marlon Cunanan, who accidentally touched a high-tension wire and fell on the ground. Rescue responders rushed to the scene and found the victim lying on the ground immobile. Cunanan was taken to a local hospital but was later transferred to a medical facility in Pampanga province where he was undergoing treatment. Authorities have cautioned the public against getting near live or overhead wires to avoid electric shock. INQ RELATED STORIES 1 dead, 3 hurt due to electrocution in Quezon town Village exec electrocuted in Camarines Sur 2 dead from toxic chemicals inhalation, 1 electrocuted in Batangas Your subscription could not be saved. Please try again. Your subscription has been successful. … [Read more...] about Man electrocuted in Olongapo while painting signboard

Inflation concerns among small business owners remained at record highs this quarter, according to a quarterly poll conducted by the U.S. Chamber of Commerce and MetLife released on Wednesday. The first quarter of 2023 was the fifth in a row where inflation was considered the biggest challenge for small business owners, according to the Small Business Index. A record high of 54% reported that, which is a 31-point increase from Q4 2021. “This quarter, small businesses’ concerns over inflation are soaring and their view of the broader economy is darkening, though they still report that their own businesses are in good health,” said Tom Sullivan, Vice President of Small Business Policy at the U.S. Chamber of Commerce. In San Francisco, minimum wage increases are based on the yearly rise in the Consumer Price Index every July 1. “That means my rate jumps from $16.99 to $18.07 or 6.36%,” said Hrag Kalebijan, owner of Henry’s House of Coffee, according to the Index. “The … [Read more...] about Inflation Continues To Plague Small Businesses For Fifth Consecutive Quarter: REPORT

Ajay Banga, the former CEO of Mastercard that President Joe Biden has nominated to head the World Bank, told Axios Wednesday that both the bank and the private sector needed to spend “trillions” to combat both climate change and poverty. Banga has been aggressively campaigning for the job, meeting with officials from 37 different governments in the past three weeks, Axios reported . The World Bank faces competing pressure from wealthy and developing countries over whether to focus on combating climate change or poverty mitigation, but Banga said he does not view the two goals as inherently opposed to one another. (RELATED: Major Banks Bend The Knee To Climate Activists, Accelerate Plans To Cut Coal Investments) “I think it’s a fallacious argument that says, either-or,” Banga said to Axios. “I have every intention of focusing the bank and its people on the idea that this is an intertwined challenge.” The efforts to combat both climate change and poverty would cost … [Read more...] about Biden’s World Bank Pick Calls For ‘Trillions’ In Climate Spending

Share to Twitter Share to Linkedin Turkey's President Recep Tayyip Erdogan casts his ballot at a polling station in Istanbul, Sunday, ... [+] June 23, 2019. Polls have opened in a repeat election in Turkey's largest city where Erdogan and his political allies could lose control of Istanbul's administration for the first time in 25 years. (AP Photo/Emrah Gurel) For President Recep Tayyip Erdogan, losing control of Istanbul, Turkey's economic and political powerhouse, at the local elections yesterday is a big blow, possibly the most stinging defeat of his political career. If the AK Party hadn't pushed for the cancellation of the March election, it would have been easier to recover from a narrow defeat in Istanbul and several other major cities, including Ankara and Adana. Now, however, after a defeat of a far more significant margin, the ruling party is in a much weaker position. Istanbul's importance The elections have been viewed widely as … [Read more...] about Istanbul Elections: Failure Of Polarising Tactics In Turkey

Share to Twitter Share to Linkedin Key News Asian equities had a good day as Hong Kong outperformed while Mainland China was off slightly. Alibaba led the way as it jumped +12.23% on high volume as analysts updated their sum of the parts analysis (SOTP). Tencent gained +1.75% on high volume and strong buying from Mainland investors, Meituan closed higher by +4.01% on high volume and moderate buying from Mainland investors, JD.com finished at +1.92%, and BYD gained +3.12% on strong financial results and its net income jumping +400% year-over-year in another masterful move from Warren Buffet and Charlie Munger. BYD’s results, which beat on revenue, adjusted net income, and adjusted EPS, lifted the EV space with Xpeng HK +3.64%, Li Auto HK +4.59%, and Nio Auto HK +1.83%. Hong Kong short turnover jumped to 17% of total turnover though short turnover was highly concentrated in three Hong Kong listed ETFs while internet stocks had lower short turnover. … [Read more...] about BYD & Kuaishou Beat

Share to Twitter Share to Linkedin As the world settles after the pandemic and a new wave of change ripples through the global economy, understanding the benefits of convenient delivery is more essential for businesses in the retail industry than ever. Especially for last mile delivery, a flexible and seamless process is essential in helping customers receive the services they expect. A recent study published by MIT Sloan Management Review found that retailers providing customers with the options of delivery on a specific day and time, were more valued than deliveries made in shorter time periods. The study also concluded that consumers are even willing to wait longer for a delivery, as long as they can receive the product when and where they choose. Clearly, consumers now value convenience over speed, a trend that is becoming more prevalent today. In a recent interview with Guy Bloch, CEO of Bringg – the market leading delivery management platform … [Read more...] about From Super Speed To Super Convenient: The Maturity Curve Around Customer Shopping Behavior

This month's list of top dividend stocks consists of Latin American oil and gas companies like Petroleo Brasileiro S.A. Petrobras ( PBR ) and Ecopetrol SA ( EC ), as well as Israeli shipping firm ZIM Integrated Shipping Services Ltd. ( ZIM ). Key Takeaways Dividend stocks are stocks of companies that pay shareholders a percentage of earnings regularly. Dividends are usually paid quarterly but can be paid semi-annually or annually. Dividend yield is the ratio, expressed as a percentage, that compares the annual dividend amount to the stock price. Dividend yield changes as a stock price rises and falls. While dividend yield is valuable to know, it's important to research additional information about a company before investing in it. Dividend-paying companies tend to be well-established, with stable earnings and a track record of distributing a portion of them to shareholders in the form of cash or additional stock. One useful measure to gauge the … [Read more...] about Top Dividend Stocks for April 2023

Lucy Edwards., 27, is legally blind. She lives an independent life in Birmingham, England, with her two guide dogs and her sighted fiancé. But when he’s not around, there are things she needs help with—often “rudimentary questions” to assist her with everyday tasks. It could be something as mundane as distinguishing between two cans of beans, so that she doesn’t end up putting baked beans in her chili for dinner. Since 2012, Be My Eyes has been helping blind and low-vision people like Edwards navigate these routines by connecting them to volunteers on video calls who can describe something in front of them or walk them through a process. But some users are uncomfortable relying on other people, and try to carry on without asking for help. Now, a small number of users are trialing a new version of the app that integrates Chat GPT-4 . Users are finding the level of detail and speed impressive, and it could be a route to gaining more independence, and prove to be one … [Read more...] about ‘When does this milk expire?’: Chat GPT-4 is now helping blind people navigate everyday tasks