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☆ AMP Australian wealth management unit's net outflows more than halve
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

Oct 21 (Reuters) - AMP Ltd (AMP.AX) on Friday reported third-quarter net outflows at its Australian wealth management unit more than halved due to increased inflows into its flagship online investment platform, North, and reduced withdrawals at its pension trusts. "We've seen a reduction in cash outflows to other superannuation funds and we’re winning new customers on our North platform, which has continued to grow cashflows from independent financial advisers," AMP Chief Executive Officer Alexis George said. Net cash outflows at AMP's main wealth management business were A$0.8 billion ($502.40 million) for the three months to September, compared with A$1.9 billion recorded a year earlier. Assets under management at the unit, however, fell A$3.7 billion to A$121.4 billion due to a downturn in investment markets and continued cash outflows. AMP said net interest margins at its banking unit remained on track to meet their annual forecast range of 135 basis points (bps) to 140 bps.

☆ Most Asian shares extend rally, markets await UK inflation data
▼ + stars: | 2022-10-19 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) edged up 0.2%, but further gains were capped by slight falls in Chinese shares. Japan's Nikkei (.N225) advanced 0.4%, Australia's resources-heavy shares (.AXJO) gained 0.4%, while South Korea (.KS11) rebounded 0.5%. Register now for FREE unlimited access to Reuters.com RegisterU.S. S&P 500 futures rose 0.8% and the Nasdaq futures jumped 1.3%. Netflix Inc (NFLX.O) reversed customer losses that had hammered its stock this year and projected more growth ahead, sending shares 14% higher in after-hours trading. Chris Turner, global head of markets at ING, said a quiet week for U.S. data could also see the dollar correction extend a little.

☆ Robust or vulnerable? Experts are split on Australia's economic outlook
▼ + stars: | 2022-10-16 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +5 min

According to Australia's Bureau of Statistics, Australia's inflation rate rose to 6.1 in June, a 21-year high. Australia's unemployment rate stood at 3.5% in August, and household savings ratio fell to 8.7% in the March to June quarter. Additionally, a small share of borrowers with high debt and low savings are "vulnerable" to payment difficulties. In addition, Assistant Treasurer Stephen Jones cautioned that Australia's economy is not "hermetically sealed" from the forecasted downturn of the international economy, Sky news reported. This will in turn have an impact on Australia's growth forecast.

The Amazon Prime Early Access Sale has entered its second and final day and deals are still going strong. In fact, we're seeing excellent all-time low prices that beat out the best deals we found during the first Amazon Prime Day in July. For more deals, check out our main Prime Day deals liveblog, deals under $50 roundup, and up-to-the-minute Prime lightning deals coverage. Currently down to just under $100, this is the best price we've seen for it in months. Amazon Luna ControllerAmazon$39.99 from Amazon Originally $69.99 Save 43%Amazon's Wi-Fi-enabled controller is designed for the Amazon Luna cloud gaming service.

☆ Three stock lunch: Trading the financial sector
▼ + stars: | 2022-10-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree stock lunch: Trading the financial sectorTodd Gordon, founder of New Age Wealth Advisors, joins 'Power Lunch' to highlight three names in the financial sector worth trading: GS, AMP, and PNC.

Check out our guides to the best snow blowers, leaf blowers, and lawn mowers. Below, you will find the best October Prime Day deals we are seeing on snow blowers and other winter landscaping products. We're also rounding up the best sales on style and beauty, tech devices, and more on our liveblogs for the best Prime deals under $50 and the best Amazon Prime deals overall. The best Amazon Prime Early Access Sale snow blower dealsSnow is right around the corner. Fortunately, Amazon is offering plenty of great deals on snow blowers and snow throwers during its October Prime Day sale.

☆ Here's how the $360 billion electric car battery market will impact the future of EVs — and how affordable they are for car-buyers.
▼ + stars: | 2022-10-11 | by ( Alexa St. John | ) www.businessinsider.com time to read: +14 min

There's also money to be made: The EV battery market could hit $360 billion by 2030, according to McKinsey. At Insider, we've looked at white-hot EV battery technologies that give automakers the EV performance they need at the price their customers want. It just led a $400 million investment into the little-known EV battery startup that could make it work. Giants like Tesla, GM, and Ford are going to be desperate for EV materials in the next decade. The soon-to-be $339 billion battery industry is on a hiring tear to power the shift to electric cars.

LAS VEGAS — Jim Marchant, the election-denying Republican nominee for secretary of state in Nevada, has so far been outspent and out campaigned by his Democratic opponent. Davis, a Republican, said he “hadn’t thought much” about whether the 2020 election was stolen from Trump and remained undecided in the secretary of state race. The dynamics in Arizona’s secretary of state race are similar. He and Marchant, as well as Kristina Karamo, the Republican secretary of state nominee in Michigan, are all members of the pro-Trump America First Secretary of State Coalition, though polling shows Karamo’s race is far less competitive. “This could be the last free and fair election in Nevada,” West said.

☆ Indian shares tipped to open lower on subdued global sentiment
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Francis Mascarenhas/FilesRegister now for FREE unlimited access to Reuters.com RegisterBENGALURU, Sept 23 (Reuters) - Indian shares are expected to open slightly lower on Friday as global risk sentiment remained subdued amid renewed worries over economic growth that was amplified by Russia's threat to use nuclear weapons. The NSE Nifty 50 index (.NSEI) ended 0.5% lower at 17,629.80 on Thursday, while the S&P BSE Sensex (.BSESN) dropped 0.57% to 59,119.72. read more** Tata Steel (TISC.NS) on Thursday approved the amalgamation of Tata Steel Long Products, Tinplate Co, Tata Metaliks, TRF, Indian Steel & Wire Products, Tata Steel Mining with the company. ** Bombay Dyeing And Mfg Co (BDYN.NS) approved raising of funds worth up to 9.40 billion Indian rupees on rights basis. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nallur Sethuraman in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ Newsom’s 2024 Climate Platform
▼ + stars: | 2022-09-21 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

California can barely keep the lights on as its climate policies bite the electric grid, but Gov. On Friday he signed no fewer than 40—count ’em 40—new climate bills to amp up California’s green-energy shock experiment. Even as gasoline prices nationwide have fallen to an average $3.68 a gallon, Californians are still paying $5.45 a gallon. California’s electric rates are already more than double those in neighboring states. This is what happens when politicians try to eliminate fossil fuels with a Molotov cocktail of regulation, taxes, and renewable mandates and subsidies.

☆ AMP handed $9.7 mln penalty for charging pensioners 'fees for no service'
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterThe logo of AMP Ltd, Australia's biggest retail wealth manager, adorns their head office located in central Sydney, Australia, May 5, 2017. Picture taken May 5, 2017.REUTERS/David Gray/File PhotoSept 20 (Reuters) - Wealth manager AMP Ltd (AMP.AX) was handed a penalty of A$14.5 million ($9.74 million) on Tuesday by Australia's Federal court for charging customers with 'fees for no service' on their corporate pension accounts. Between July 2015 and September 2018, AMP entities deducted A$356,188 in fees even though they were aware that the members had ceased their employment and could no longer receive advice services, the court found. The penalty received on Tuesday has already been provisioned in the 2022 half-yearly financial statement, AMP said. ($1 = 1.4890 Australian dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Harish Sridharan in Bengaluru; Editing by Dhanya Ann Thoppil and Subhranshu SahuOur Standards: The Thomson Reuters Trust Principles.

☆ AMP handed $9.7 million penalty for charging pensioners 'fees for no service'
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterThe logo of AMP Ltd, Australia's biggest retail wealth manager, adorns their head office located in central Sydney, Australia, May 5, 2017. Picture taken May 5, 2017.REUTERS/David Gray/File PhotoSept 20 (Reuters) - Wealth manager AMP Ltd (AMP.AX) was handed a penalty of A$14.5 million ($9.74 million) on Tuesday by Australia's Federal court for charging customers with 'fees for no service' on their corporate pension accounts. Between July 2015 and September 2018, AMP entities deducted A$356,188 in fees even though they were aware that the members had ceased their employment and could no longer receive advice services, the court found. "Although AMP has remediated A$691,032 to affected customers, the court found AMP failed to investigate whether or not there was a systemic issue, despite many complaints over a lengthy period of time," ASIC said. The penalty received on Tuesday has already been provisioned in the 2022 half-yearly financial statement, AMP said.

☆ California Wants to Ban Your Choo-Choo
▼ + stars: | 2022-09-16 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Review & Outlook: Despite regular power shortages in California, on Sept. 16, 2022, Governor Gavin Newsom signed 40 new climate bills to amp up California’s green-energy shock experiment. Images: Shutterstock/Getty Images Composite: Mark KellyGavin Newsom wants to be President, but in some respects the Governor already is, as the Biden Administration lets California impose its climate rules on the other 49 states. In the latest example, the Environmental Protection Agency has green-lighted Sacramento’s plan to outlaw diesel locomotives. The California Air Resources Board (CARB) in April approved a regulation that would require railroads to replace diesel with “zero emission” locomotives. Diesel locomotives typically have a useful life of 40 years or more, but the regulation would bar those that are 23-years or older from running in the state after 2029.

Persons: Gavin Newsom, Mark Kelly Gavin Newsom Organizations: Biden Administration, Environmental Protection Agency, California Air Resources Board, Diesel Locations: California

☆ California’s Income Tax on Electricity
▼ + stars: | 2022-09-16 | by ( The Editorial Board | ) www.wsj.com time to read: +1 min

Images: Shutterstock/Getty Images Composite: Mark KellyClimate policies are driving up California electric rates to the point that progressives say they are discouraging the non-affluent from buying electric vehicles and appliances. Now Democrats plan to double down on their policy distortions by charging electric customers based on income. Democrats snuck this second progressive income tax into a budget trailer bill last year that was ostensibly aimed at boosting grid reliability. The new law authorizes the Public Utilities Commission to restructure electric rates by imposing a fixed charge on an income-graduated basis. No other investor-owned utilities in the country link electricity costs to income.

☆ Why California Insists on Wasting Its Scarce Water Supply
▼ + stars: | 2022-09-16 | by ( Edward Ring | ) www.wsj.com time to read: +1 min

Review & Outlook: Despite regular power shortages in California, on Sept. 16, 2022, Governor Gavin Newsom signed 40 new climate bills to amp up California’s green-energy shock experiment. The impasse pits California against everyone else. If California’s political leaders had the political will, they could solve the problem for every member of the Colorado River Compact by developing infrastructure to use untapped sources of water. Unlike anywhere else in the American Southwest, California can rely on so-called atmospheric rivers that saturate the state with enough rain to supply the state’s farms and cities with adequate water. Californians can, and must, agree on new infrastructure solutions that will safely harvest more of this water for human consumption.

☆ Cine în Moldova îngrijește de bolnavii muribunzi?
▼ + stars: | 2021-05-17 | by ( ) www.jurnal.md time to read: +5 min

Sursa foto: pbs.orgCine în Moldova îngrijește de bolnavii muribunzi? Specialiștii, care au competențe în prestarea acestui serviciu sunt angajați în cadrul organizațiilor neguvernamentale, specializate în îngrijiri paliative. Până acum în Moldova nu există date statistice despre numărul medicilor, asistenților medicali și infirmierilor antrenați în prestarea serviciilor de îngrijiri paliative specializate în secțiile cu paturi din spitalele publice, scrie sanatateinfo.md. Potrivit raportului Centrului PAS din anul 2019 „Îngrijiri paliative2009-2019”, ar trebui prevăzută posibilitatea ca spitalele raionale să ofere servicii de îngrijiri paliative specializate prin intermediul echipelor mobile la domiciliu. În anul 2019 erau 3.936 de asistenți medicali ai medicilor de familie, iar în 2020 s-a ajuns la 3.908 asistenți medicali.

Organizations: Ministerul Sănătății, Ministerului Sănătății Locations: Moldova, Republica Moldova, 27.12.2010, Municipiul Chișinău, AMP

☆ Imaginile incredibile ale unei traume: Ursoaica liberă care se învârte tot pe un metru pătrat
▼ + stars: | 2021-01-17 | by ( ) www.jurnal.md time to read: +1 min

Imaginile incredibile ale unei traume: Ursoaica liberă care se învârte tot pe un metru pătratMintea ursoaicei duse la Zărneşti de la Piatra Neamţ, România, a rămas captivă într-o cuşcă imaginară, aceeaşi care a ţinut-o prizonieră timp de 20 de ani. Ursoaica Ina a trăit la Grădina Zoologică din Piatra Neamţ în aceeaşi cuşcă cu sora sa, Anca. Din acest motiv, Ina se învârte într-un cerc cu rază mai mică de un metru, deşi sanctuarul are o suprafaţă de mai multe zeci de hectare. ursoaicăIna a fost prizoniera Grădinii Zoologice din Piatra Neamţ timp de 20 de ani. Sunt traume, sunt traume mari, de care, din păcate, unii dintre ei nu scăpa niciodată”, a mai adăugat Paula Ciotloş.

Persons: Ursoaica Ina, Anca, Ina, Paula, Deşi, Paula Ciotloş Organizations: facebook Locations: Piatra Neamţ, România, Piatra, aceeaşi, AMP Braşov, tinereţe

☆ Google's Sergey Brin Is Totally Obsessed With High-Adrenaline Exercise
▼ + stars: | 2014-08-19 | by ( Madeline Stone | ) www.businessinsider.com time to read: +7 min

"When Larry and I started the company, we had to get some hard drives to, you know, store the entire Web," Brin told Wired of Google's early days. AdvertisementEven in the search engine's early days, Brin brought an element of fun and activity to the Googleplex. "They were much better than I expected for a bunch of engineers," he told Edwards. In 2008, he learned that he had a mutation on his LRRK2 gene, a defect that would substantially increase his risk of developing Parkinson's disease. Advertisement"If I felt it was guaranteed to cure Parkinson’s disease, a check for a billion dollars would be the easiest one I have written," Brin told Bloomberg.

Persons: Sergey Brin isn’t, Larry Page, Larry, Brin, Sergey, Doug Edwards, Edwards, couldn’t, Googlers, Greg Roberts, Roberts, Google George Salah, Jacob Silberberg, Page, Eugenia, Parkinson's, Anne Wojcicki, Wojcicki, Michael J Organizations: Khan Academy, Khan, University of Maryland, Stanford, Google, Circus Center, Flickr, 23AndMe, Fox Foundation, Parkinson's Research, Bloomberg Locations: San Jose, Moscow, Soviet Russia, rollerblades, Sunset, Queens, Brooklyn, New York City, San Francisco, New York

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