Antwerp Port Unveils 5 Future Priorities

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first_imgzoomImage Courtesy: Antwerp Port Authority Sustainable growth, mobility, transition, safety & security and operational excellence will be strategic priorities of Antwerp Port Authority in the next few years, the port authority revealed in its new business plan. “Our new Business Plan that aims to bring results in five strategic priorities gives us a sharper focus. We are convinced that we can turn this company around by concentrating on a number of clearly defined strategic priorities that will form our main action guidelines between now and 2020,” Jacques Vandermeiren, Antwerp Port Authority CEO, said.“In today’s fast-changing world we aim to be a safe home port and act as a lever for all those who see opportunities and embrace challenge,” Vandermeiren continued.“Our main advantages for this are our great adaptability and our strong focus on innovation and digitisation. We constantly strive for sustainable added value, while assuming our responsibility towards society,” he added.The Antwerp industrial and logistics port platform is said to be the main economic engine for our country. One in 16 people in Flanders works in or for the port, and the platform directly or indirectly generates added value of EUR 21 billion annually. As one of the main links in trade between Europe and the rest of the world, the port platform occupies a central place in a world that is changing increasingly rapidly and becoming more and more unpredictable.“We are working towards a sustainable future for the port. This ambition is expressed in our new mission and vision, in which our role is defined even more sharply. We are much more than a port landlord, an operator and a facilitator in the nautical chain: we are also a community builder. We challenge ourselves to be even closer to our employees, our customers and stakeholders,” according to Antwerp Port Authority CEO.As explained, the five strategic priorities are to be translated into concrete projects.  The new Enterprise Portfolio Management Office (EPMO) department will support these projects and ensure they are carried out successfully.“The Port Authority employees are the key to success in this transition phase. With our DELTa programme we challenge them to Dare, to Experiment, to Learn and to Trigger others. In this way, we will make the transition from a mainly operational to a knowledge-driven organisation.” Vandermeiren concluded.last_img read more


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first_imgAPTN National NewsA Huron Wendat village close to Toronto is the largest of it’s kind every found.The size and scope is changing the way some historians look at North American life prior to the arrival of Europeans.APTN’s Delaney Windigo has morelast_img


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first_imgUBS employees work in the UBS “fintech lab” at Canary Wharf in London.ReutersWithin the silos of incumbent financial services, so-called fintech companies are good at picking off one thing only and doing it well.This approach is also taken within data science, where a lot of the properly intelligent work is about understanding the domain (problem) and how best to use the information/data for the problem you have. In doing so, a fintech approach – collaboration, open-sourcing code – is helping to gradually change the culture of finance, even in some hitherto heavily guarded domains.Dr Tristan Fletcher, research director, Thought Machine, said: “Without this specialisation and domain knowledge, it’s very hard to rise above the noise. However, the algorithms themselves are often applicable in many areas or problems, and we are probably seeing decreasing specialisation here.”Fintech lends itself particularly to specialisation because there are many well-packaged problems that need to be solved and can be clearly delineated – KYC, AML, credit checking etc. Having a competence in one area does not necessarily imply it in others, so it is harder to justify being a corporate fox vs a hedgehog.”Bonus-driven executives with a big bank or fund might be reluctant to share their secret sauce with people in their own company, never mind other corporates. In contrast, within the majority of small fintech startups, most employees will share (to varying degrees) in the ownership of the company, which will drive collaboration and the sharing of ideas internally. Furthermore, because of the relative balkanisation of a lot of the domains in the fintech ecosystem, there is much more incentive to co-operate than be competitive in the industry.Fletcher said: “I think the main reasons for the disparity between fintech and investment banks and hedge funds is that a lot of the sources of revenue in the latter are closer to a zero-sum game. Profiting from pure speculation, for example, means that someone else must be losing money (assuming the counterparty isn’t doing something more economically useful like actually mitigating risk).”Furthermore, compensation in traditional financial institutions is much more closely linked to one’s actual proximity to (often large) amounts of money. It’s often a food chain with front office staff getting more than middle office, getting more than back office for example.”Incentivisation through cash bonuses, which is gradually going out of fashion, encourages a very short-termist approach. Fintech incentivisation, being a relatively new and entrepreneurial sector, is much more about ownership in the company, which is clearly much longer term.”Value in the fintech world is much more about the execution of an idea, whereas hedge funds, for example, are known to take a cloak and dagger approach to their intellectual property, in order to justify their management fees.”However, some financial institutions and even secretive hedge funds are changing, sharing information and open sourcing some non-core infrastructure. A good example is the US hedge fund AQR, which open-sourced some of its infrastructure around time series storage and helped kickstart the pandas libraries community.”I have heard of more and more private companies open sourcing non-core infrastructure and this makes a lot of sense: it adds credibility from a technology perspective to the organisation, gets lots of developers to critique and improve any code at very low cost and encourages the adoption of any software the company might be pushing out,” said Fletcher.As much as fintech is providing an exciting new lease of life for the financial services industry, there is a super-abundance of hype out there. Terms like data science, AI, machine learning, blockchain and so on have become extremely hyped terms these days. Attaching these words to your LinkedIn profile if you work in software will get your profile more views; framing a project in this way can get funding more easily.”There are a lot of people claiming to be doing artificial intelligence and machine learning purely to get funding or generate publicity. In some cases this is being a little bit disingenuous, using machine learning when something simpler would be fine and in others it’s just bare-faced lying. This obviously doesn’t just apply to start-ups, ” he added.”The danger is that you get disappointments that blemish the entire field: perhaps some unscrupulous people use machine learning in a massively incorrect way and you get a well-publicised failure that tarnishes the reputation of the entire genre.”Fletcher said there are no easily recognisable conditions that prove some entity is genuinely doing this sort of work, but he would generally look to see whether some of the senior staff did at least have some strong academic credentials in AI or statistics.The financial arena is characteristically conservative, and when it comes to using artificial intelligence, non-finacial use cases associated with the likes of Google DeepMind and IBM Watson (which are modelled around potentially replicating human behaviours) garner much more attention and would appear to be far ahead.Fletcher added: “One of the problems with AI/deep learning is interpreterability; it’s hard to work out what the black box is actually doing. And this is dangerous in applications which could impact the tightly-coupled financial markets or indeed people’s bank accounts.”A lot of the machine learning in markets is based around time-series analysis, and it is more typical to use different methods (less related to biological processes) here.”There has been work using genetic algorithms, biologically inspired in a different way, on portfolio construction (for example bond portfolios by a product called Galapagos) and I’m sure many people used Neural Nets in the 80s but a lot of the ML methods used in markets nowadays are very far away from being biologically plausible in any way.”Newsweek and International Business Times are to host an Artificial Intelligence and Data Science in Capital Markets event, taking place on 1 and 2 March 2017 at the Barbican in the City of London.last_img read more


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first_imgPhoto via Twitter @defendernetworkCouncil Member Larry Green.Houston City Council member Larry Green was found dead on Tuesday. The Harris County Institute of Forensic Sciences (HCIFS) is working to determine the cause of death and a spokeswoman for the HCIFS said an autopsy will be performed on Wednesday.Green served on the Houston City Council since 2012 representing District K, which stretches from the edge of the Texas Medical Center to Fort Bend County.He chaired the city’s Transportation, Technology and Infrastructure Committee.Mayor Sylvester Turner released a statement in which he said he was “shocked and grieving” over Green’s “untimely death.” “Larry Green was the first and only District K council member following the south/southwest district’s creation for the 2011 municipal elections. He was the right person to give definition to this new alliance of neighborhoods and businesses: A hard worker. Not a grandstander. He shared in the economic advances and public safety strides of the district without taking the credit for himself. ‘We’ have fought together ‘to build up the economy of District K,’ he wrote on his campaign web site,” added the mayor in his statement. Mayor Turner also praised Green through his Twitter account.Council Member Larry Green captured the essence of being an enlightened public servant for Houston. My heart goes out to his family, his colleagues and all city residents.— Sylvester Turner (@SylvesterTurner) March 6, 2018 Council Member Green was fond of pointing out that his council district had more undeveloped land than any other and was therefore ‘filled with opportunities.’ Well so was he. Part of this tragedy is that he is no longer with us to follow through in his uniquely industrious way.— Sylvester Turner (@SylvesterTurner) March 6, 2018 On the death of Council Member Larry Green: Houston has lost a groundbreaking advocate for equality, economic opportunity and neighborhood safety.— Sylvester Turner (@SylvesterTurner) March 6, 2018At Tuesday’s public session at City Hall, council members expressed their sympathies.Council member Dave Martin said Green would always wear green, even if the mayor asked them to wear red for Christmas.“Tomorrow I’m wearing a green tie,” Martin said. “And I’m inviting everybody in the city to wear the color green in memory of our dear friend and brother Larry Green.”U.S. Representative Sheila Jackson Lee, D-Houston, herself a former City Council member, attended the meeting to honor Green.“A green man he was,” she said. “His celebration of his district and the improvements of both in terms of infrastructure, flooding, but if there was a project, mayor, that he could grab for his district, he was grabbing it.”Later, in a statement distributed via email, Jackson Lee noted: “I was shocked and saddened to learn of the death of my dear friend, Councilman Larry Green, and my heart goes out to his family and loved ones.”“Although the years of his life were short,” the congresswoman’s statement added “the life lived in those years by Councilman Larry Green was vibrant, dynamic, purposeful, and directed toward service to others.”Al Green, another Democratic Congressman from Houston, also expressed his condolences. “I knew Larry for many years as a fierce advocate and public servant who dedicated his career in service to his constituents,” the congressman expressed in a statement and noted that Green “served Houston honorably by creating a sense of community throughout his work within Houston and Fort Bend County neighborhoods and businesses.”“The City of Houston has lost one of its greatest assets,” the congressman’s statement added “but his legacy will continue and support for his efforts will surely grow throughout the community. His tireless commitment to constituents in District K should be admired by all.”Texas State Senator Borris Miles (Democrat-District 13) also lamented Green’s death and underlined in a statement that the Council member “worked to increase economic development and opportunities in his district, improve policing to keep families safe and over the past six months, on Harvey recovery.”“He was well-respected among community leaders, business leaders and the Texas delegation and worked hard to ensure Houston was in the best position possible for success,” added Miles, who explained he was had become a friend of Green’s since they were 13 years-old.center_img Sharelast_img read more


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first_imgNew Delhi: In a boost to the Centre’s flagship Ayushman Bharat-National Health Protection Mission, the West Bengal government today signed an MoU with the NHA for implementing the health insurance scheme in the state, following a long-drawn negotiation. Through the Ayushman Bharat-National Health Protection Scheme (AB-NHPM), the government aims to provide a coverage of Rs 5 lakh per family annually to more than 10 crore poor households. The National Health Agency (NHA) is the apex body for implementation of the insurance scheme. Also Read – Rain batters Kolkata, cripples normal life “Earlier this month, they (West Bengal) sent the draft MoU which was approved by the NHA, following which the health department of the West Bengal government signed the MoU with the agency today,” a government official said. According a source, Delhi is also likely to adopt the scheme. The Union health ministry has launched a formal process to empanel public and private hospitals to achieve universal health coverage under AB-NHPM. A senior official in the ministry said the Centre is carrying out beneficiary identification process based on the Socio-Economic Caste Census (SECC) data, and 80 per cent of beneficiaries in rural areas and 60 per cent in the urban areas, have been identified. Announced in the 2018-19 Budget, the AB-NHPM is being touted as the ‘world’s largest government funded health care scheme’ and is likely to be rolled out on August 15.last_img read more


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first_img This story originally appeared on Reuters Register Now » Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant’s investor relations chief said, even as more shareholders clamor for bigger dividends.While the South Korean company’s profit declined in 2014 for the first time in three years as its lead in smartphones was challenged by Apple Inc, investors were cheered by a 40 percent dividend boost and its first share buyback since 2007.But Robert Yi, Samsung’s head of investor relations, signaled that shareholders should not expect the same in 2015 as the company keeps its focus on growth.”Dividends and other forms of shareholder returns are responsibilities that the company has for shareholders, so we will make efforts to meet them. But our primary objective is growth and that is what we are communicating to our shareholders,” Yi told Reuters in an interview.Samsung has become an increasingly active shopper, striking 10 deals in two years. Even so, its purchases have been small, prompting calls from some investors for bigger deals to revive growth momentum.”We are primarily focused on M&A deals for companies that would be good fits to Samsung’s current businesses, and we believe that know-how and experience accrued from such transactions will make bigger M&A deals possible going forward,” Yi said.Samsung Electronics held cash of 61.8 trillion won ($56.14 billion) at the end of 2014.Yi said more value fund managers had bought Samsung shares over the past year as its share price and earnings declined.”Their main interest is to increase long-term value through shareholder returns policies, so they have been calling for more dividends and share buybacks,” he said.Yi declined to comment specifically on plans for buybacks or dividends. A person familiar with the matter told Reuters on Feb. 10 that Samsung would probably pay out less this year than in 2014.South Korean companies are notoriously parsimonious when it comes to dividends. Seoul-listed shares tend to trade at discounts to peers.Yi said Samsung planned to strengthen shareholder outreach, making top management more available to institutional investors and holding more public events.It also wanted to boost investment by foreign retail investors to help build consumer loyalty. Samsung, which does not have American Depositary Receipts, in 2013 arranged a program with Bank of America Merrill Lynch that allows U.S. retail investors to invest directly in its shares. Samsung declined to comment on how many investors acquired its stock through the program.Samsung shares fell to multi-year lows in October but have recovered and were up 3.8 percent in 2015 based on Tuesday’s closing level.($1 = 1,100.8700 won)(Editing by Tony Munroe and Stephen Coates) 3 min read Growing a business sometimes requires thinking outside the box. February 17, 2015last_img read more


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first_img Click to playTap to play Video Loading Video Unavailable Video will play in  We pay for stories! Send your videos to video@trinitymirror.comWelcome to The Sentinel’s breaking news service bringing you all the latest updates from Stoke-on-Trent and North Staffordshire on Thursday, March 22. Our team of reporters will be updating this live service with all the latest on the weather, traffic and travel as well as news, sport and entertainment through the day. We’ll be bringing you the very latest updates in our live news feed below. For the latest news and breaking news visit www.thesentinel.co.uk . Get all the big headlines, pictures, analysis, opinion and video on the stories that matter to you. Follow us on Twitter @ SentinelStaffs – the official Sentinel account – real news in real time. We’re also on www.facebook.com/sentinelstaffs – your must-see news, features, videos and pictures throughout Stoke-on-Trent, North Staffordshire & South Cheshire. Key EventsMajor dual carriageway partially blocked after crash between car and motorbike18:13Travellers set up camp on leisure centre car park17:14Can you identify these two men wanted in connection with serious assault?14:5719:25Busy going in CreweA534 Crewe Green Road Eastbound busy but moving before the roadworks at A5020 University Way (Crewe Green roundabout). 19:20Traffic light failure in SheltonSlow traffic due to traffic light failure on A52 Shelton Old Road at A500 D Road / A5006 Stoke Road (Stoke Road Interchange). 18:28Busy in Station RoadHeavy traffic on Station Road at A52 Leek Road. In the roadworks area.Stop/Go Boards are causing delays. 18:13KEY EVENTMajor dual carriageway partially blocked after crash between car and motorbikeBeasley Avenue and Talke Road (Image: Google Maps)A crash between a car and a motorbike has partially blocked a major dual carriageway.Emergency services were called to the scene in Beasley Avenue, Chesterton, at around 5pm this evening following the collision.17:39Accident ChestertonBeasley Avenue partially blocked due to accident, a car and a motorcycle involved at A34 Talke Road. Traffic is coping well.Traffic is able to pass with care. Police are in attendance. 17:14KEY EVENTTravellers set up camp on leisure centre car parkTravellers at The King’s school site (Image: Jade Barber)Travellers have set up camp on a leisure centre car park.At least four caravans parked up at Kidsgrove Sport Centre near to The King’s School, off First Avenue, at around 3.30pm this afternoon.Read more here.16:50Busy on the A449Heavy traffic on A449 Southbound at M6 J13 (Stafford South). 16:05Slow traffic in Cheadle RoadSlow traffic on A520 Cheadle Road in both directions near Hollow Lane. In the roadworks area.Temporary traffic lights for water main works causing delays. 15:50Busy through Tunstall…Heavy traffic on A527 Brownhills Road Westbound between Pinnox Street and A500 Queensway / Longbridge Hayes Road (Porthill Bank). 15:36All lanes open in A500 after car fireAll lanes open and traffic returned to normal, earlier car fire on A500 Northbound between Alsager Road (Audley Turn Off) and M6 J16 (Crewe / Stoke-On-Trent). 14:58Busy on the route into Hanley…Bucknall Road inbound busy but moving from A52 Leek Road (Lime Kiln Traffic Lights) to Hanley Town centre. 14:57KEY EVENTCan you identify these two men wanted in connection with serious assault?Two men wanted in connection with serious assault (Image: Staffordshire Police)Police have released a CCTV image of two men wanted in connection with a serious assault in the city centre.Officers were called to Trinity Street, Hanley, shortly after 3.55am on March 13 where a man had been attacked whilst withdrawing money from an ATM by the JNX nightclub.Read more here.14:24Broken down train on the West Coast MainlineDelays of up to 25 minutes on Virgin Trains West Coast between Milton Keynes Central and Rugby due to broken down train.13:56Queuing traffic on the A500Queueing traffic on A500 D Road Southbound before M6 J15. Travel time is four minutes.13:52All lanes have now reopened on M6All lanes on the M6 have now reopened.A Highways England spokesman said: “Traffic has been released on the M6 southbound between J14 and J13. All lanes are now open. Thanks for being patient.”13:35Broken down vehicle causing delays on A50 One lane closed and slow traffic due to broken down car on A50 Westbound between Stanley Matthews Way (Stadium junction) and A500 D Road (Sideway Roundabout), congestion to A5007 Victoria Place Fenton (Heron Cross / Fenton).One lane is closed just prior Sideway (Image: Inrix)13:30Two lanes shut due to accident on M6 SouthboundLive updates here.Traffic is building on the M6 (Image: Highways England)13:22Accident on M6Two lanes closed and slow traffic due to accident, a lorry and a car involved on M6 Southbound between J14 A34 / A5013 Creswell Grove (Stafford North) and J13 A449 (Stafford South).Lanes one and two (of three) is closed. 13:11A50 busy but movingA50 Westbound busy but moving from Meir Tunnel towards the A500 D Road (Sideway Roundabout). 12:51Falling tree left thousand homes without power in early hoursAll the home had their power restored by early this morning. More here. Homes were left without power in the early hours of the morning12:01Temporary traffic lights causing delays in CheddletonSlow traffic on A520 Cheadle Road in both directions near Hollow Lane. In the roadworks area.Temporary traffic lights for water main works causing delays. (Image: Inrix)10:37Update: Lorry now recovered10:3730 minute delays on M6 due to broken down lorryA Highways England spokesman said: “2 lanes blocked on the M6 northbound between J12 and J13. A truck has broken down. We are moving the vehicle now but there are delays of about 30 minutes approaching the incident.”10:25Broken down lorry causing delays in CongletonA34 Clayton By-Pass Eastbound partially blocked, slow traffic due to broken down lorry between Belgrave Avenue / Barn Road and A54 Rood Hill.A lorry has broken down near to Tesco. (Image: Inrix)10:04Slow traffic on A527A527 Brownhills Road Westbound busy but moving between Pinnox Street and A500 Queensway / Longbridge Hayes Road (Porthill Bank). (Image: Inrix)09:36Delays on trains between North Staffordshire and London Euston due to broken down trainDelays of up to 20 minutes on Virgin Trains West Coast between Watford Junction and Milton Keynes Central due to broken down train at Tring.09:26Staffordshire Police pay tribute to PC Keith PalmerPolice are today paying tribute to PC Keith Palmer, who was killed during the Westminster terrorist attack a year ago today.Palmer was one of five innocent people killed when terrorist Khalid Masood, who was also shot dead, ploughed a car into pedestrians on Westminster Bridge before stabbing the unarmed police officer, who was guarding the entrance to Parliament.A Staffordshire Police spokesman said: Our thoughts today are of PC Keith Palmer and his family. He was killed one year ago today in the line of duty as he protected the public during the Westminster attack.”09:10Ryanair cancels flights due to air traffic control strike in FranceEasyjet are also among the airlines affected by the latest strikes. More here.A Ryanair jet at Dublin Airport in September 2017. (Image: Niall Carson/PA Wire )09:10Delays expected as abnormal load passes through Staffordshire this weekendThe load is travelling through North Staffordshire and South Cheshire en route to Ellesmere Port docks. More here.A wide load is passing through North Staffordshire this weekend (Image: Staffordshire Police)08:31Delays between Tunstall and the A500 There are delays on roads between Tunstall and the A500 – with delays of six minutes against the expected time. Watch again The video will start in 1Cancel Play nowcenter_img How to download The Sentinel’s new FREE app Share this video Watch Next Stoke Sentinel app launch Launch video for the Stoke Sentinel app.Video Player is loading.Play VideoPauseUnmute0:02/1:15Loaded: 0%0:03Progress: 0%Stream TypeLIVE-1:13 SharePlayback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. UP NEXT:UP NEXT: Click for Soundlast_img read more