Previous ArticleItaly gives green light to 5G auction rulesNext ArticleAirtel Payments Bank cleared to open new accounts Related Deutsche Telekom, SoftBank tipped for T-Mobile trade Asia Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 12 JUL 2018 Kavit Majithia SoftBank US investment company Tiger Global amassed a stake worth more than $1 billion in SoftBank group, stating that Japanese technology and telecoms company’s share price is “meaningfully undervalued”.In a quarterly investor letter revealing the stake, Tiger Global said: “The combination of a world-class set of assets trading at a record discount to net asset value strikes us as an odd anomaly that is unlikely to exist forever, and we have invested over $1 billion… to demonstrate our conviction”.Tiger Global’s stake building could be key as SoftBank founder Masayoshi Son (pictured) looks to boost value of the company, noted Financial Times (FT).SoftBank holds numerous stakes in technology and telecoms companies worldwide, including a majority stake in US operator Sprint. It is also looking to make investments in other technology areas through its Vision Fund, which is closing in on $100 billion worth of backing.According to the FT, Tiger Global sees many opportunities for SoftBank to grow its value in the future.It estimated that if its Vision Fund generates two and a half times its original investment in seven years, SoftBank could benefit from an addition $73 billion of value before tax.The investment company is also hopeful that SoftBank’s listing of its mobile business in Japan, for which it filed a preliminary application this week, could be key to boosting the value of the company.Tiger Global suggested that the proposed sale of Sprint to US rival T-Mobile US will also bear fruit.SoftBank currently has a market capitalisation of JPY9.6 trillion ($86.3 billion). OneWeb, SoftBank Corp plot Japan satellite move SoftBank Corp targets growth through acquisitions Author Home US fund manager bags $1B SoftBank stake Tags
ABC News(NEW YORK) — After a week of rainy weather, the East Coast is finally digging out of a wet and cool pattern.A stubborn stationary front that has been sitting in the mid-Atlantic for the last week has finally dissipated, and a cold front will dry things out in the next 24 hours.The cold front is draped from the Northeast into the Midwest and the southern Plains on Sunday morning.On Saturday, the front brought up to 100 damaging storm reports from Missouri to Texas, with winds near 70 mph and hail the size of tennis balls.The cold front will bring a few showers to the Northeast on Sunday afternoon, but the most important part is that it will finally clear out of the Northeast by Sunday evening.At the same time, a low pressure system will be moving along this cold front in the Ohio Valley, bringing strong storms. Some heavy rain is also possible, with slow-moving thunderstorms.More storms are also possible in central and northern Texas due to the trailing front there.By Monday afternoon, beautiful conditions are expected in the Northeast and mid-Atlantic with a drier and mild air mass in place.Meanwhile, showers and thunderstorms will continue in the Ohio Valley because of the low pressure and the frontal system.There is bad news for the Carolinas, where the front will stall again with showers for hard-hit areas in North Carolina. There should not be a ton of rain in the East, but an additional inch or two is possible over the next couple of days, especially in the Carolinas.Despite a few showers in the East on Sunday, a much warmer day is expected with increased sunshine. Temperatures will be in the 80s all the way into New England. Copyright © 2018, ABC Radio. All rights reserved.
UKRAINE: The European Bank for Reconstruction & Development has announced a US$62·5m loan to fund the purchase of wagons under UZ’s rolling stock renewal programme. EBRD said the loan is part of the bank’s response to the global economic crisis, as the fleet modernisation could not be funded from other sources. Since 1999 EBRD has committed almost US$240m to the Ukrainian railway sector through three separate transactions. EBRD has supported reforms including the separation of infrastructure and operations, divestment of non-core activities, tariff policy review and the elimination of cross-subsidy of passenger services. EBRD expects the reforms to increase the role of the private sector and help to introduce competition. The French government is providing a further €350 000 to assist with the efficient operation and maintenance of the wagons, and will recommend upgrades to UZ’s wagon tracking system.
RUSSIA: On June 17 Tognum and Transmashholding signed an agreement to form a joint venture to market and later manufacture diesel engines for the Russian and CIS locomotive, mining, marine and energy markets.Tognum Transmashholding BV will be registered in the Netherlands and owned 50:50 by the partners. It will be the sole shareholder of Tognum-TMH Diesel Technologies, a production subsidiary to be based at Kolomna in Moscow oblast. The first engines to be marketed jointly will come from the MTU factory in Friedrichshafen. Assembly of MTU Series 4000 engines in Russia is planned from 2013, under a policy of localisation which will see up to two-thirds of the components supplied by Russian companies within five years. The medium-term aim is to develop a new engine designed specifically for the needs of Russia, eastern Europe and Asia, with the target of supplying up to 1 000 units a year. Speaking at the signing of the agreement in St Petersburg, Tognum CEO Volker Heuer said the joint venture offers ‘the unique opportunity of being able to reap the optimum benefit from the growth prospects available to us in this important and growing region’.
This week’s International Association of Interviewers interview and interrogation training tip provided by Wicklander-Zulawski, has Dave Thompson, CFI, discussing the importance of withholding key evidence during an interview or interrogation.The term “withholding” really means keeping the information within the investigative resources, meaning you (and maybe your witness) is aware of that information. By not releasing that information to your subject, it gives you several advantages in the conversation.First of all, the subject does not know exactly what you know, which sometimes leads the subject to admit to crimes that you were unaware of in the first place. If you show them an example of them taking money out of a register on video, they might admit to that one instance, but not to the five other times they’ve committed the same crime.- Sponsor – The other benefit of withholding a key piece of evidence is that if your subject is able to give you specific details about the crime and about the act, and you never prompted them with that information, that helps you substantiate that information. If they can give you information that only the guilty person would know, it helps you understand they’re being truthful—which also helps you validate or vouch for the rest of the story that they’re going to provide.Often, investigators will feel frustrated and will want to present the subject with evidence in order to get the admission. Challenge yourself to withhold that evidence or make it more of a gradual release for the reasons discussed here.Watch the video, then let us know what topics you’d like to hear more about in upcoming Tips of the Week: Take the survey.Every loss prevention investigator should continuously strive to enhance their investigative interviewing skills as part of an ongoing commitment to best-in-class interviewing performance. This includes holding ourselves to an elite standard of interview and interrogation training that is ethical, moral and legal while demanding excellence in the pursuit of the truth. The International Association of Interviewers (IAI) and Wicklander-Zulawski (WZ) provide interview and interrogation training programs and additional guidance to investigators when dealing with dishonest employees, employee theft, sexual harassment, policy violations, building rapport, pre-employment interviewing, lying, denials and obtaining a statement.By focusing on the latest information and research from experts in the field as well as academia, legal and psychological resources, these video tips provide interview and interrogation training techniques that can enhance the skill sets of professionals with backgrounds in law enforcement, loss prevention, security, asset protection, human resources, auditors or anyone looking to obtain the truth.To learn more about interview and interrogation training and how you can further develop your professional skill sets, visit www.w-z.com or www.certifiedinterviewer.com.This post was originally published in 2017 and was updated July 9, 2018. Stay UpdatedGet critical information for loss prevention professionals, security and retail management delivered right to your inbox. Sign up now
“What they want to do is take me out of here and bring those people in who don’t understand what’s going on here,” said Holland. “It doesn’t make any sense- it’s a total disrespect for our First Nations people because this is their home.”The online petition titled “Appeal to the Catholic Diocese of Edmonton to keep Father Jim Holland as the Pastor of Sacred Heart” states that the removal of Holland from Sacred Heart will have a huge impact on the Aboriginal community.It also states: “Sacred Heart Church is a world renowned church due to its unique and holistic services that it provides for the Aboriginal people in Edmonton and area. Aboriginal people from everywhere make it a priority to attend the services at Sacred Heart Church whenever they are in the City of Edmonton. The negative impacts of the residential schools system on Aboriginal people has created a deep rift on their faith, their trust and their ability to have a positive outlook with the Catholic Church. Father Jim Holland, however, has been the catalyst for restoring the Christian faith, and building trusting relationships between the Catholic Church and the aboriginal community within Edmonton and beyond.”Edmonton First Nations artist Wayne Ashley started the paper petition and says that if Holland leaves, the church will lose a lot of its members because it’s not that easy to build up trust within the Aboriginal community.“He’s always stood behind me and I see him with native culture and the way he implements it,” said Ashley. “And his understanding of the way we do things is original and somebody like that that put 20 years into the church should be respected and we as a people should respect it.”Doris Tourangeau who signed the online petition and identified herself as a residential school survivor shared her sentiments toward Holland,“Father Jim has been a spiritual force in my healing journey,” said Tourangeau. “He has shown me over the many years to be closer to my higher power I need to forgive…many thanks Father Jim for your kind and compassionate words they have always followed me on my journey of healing.”Sacred Heart Church of First Peoples in Edmonton “Most of these people think that I belong to them, like I’m part of their family, because I am.” Father Jim Holland Father Jim Holland stands inside the Sacred Heart Church of the First Peoples in Edmonton/Photo Brandi MorinBrandi MorinAPTN National NewsEDMONTON — A petition is circulating in Edmonton to keep a pastor who helps inner city First Nations, Metis and Inuit at his current location.Pastor Jim Holland, 72, also known as Father Jim, is the head of the Sacred Heart Church of the First Peoples, the only Catholic church that has been declared an official national perish for First Nation, Metis and Inuit peoples.For 20 years, Holland has worked to bridge gaps between the church and the Aboriginal community.“I have built up a trust and a relationship,” said Holland. “Most of these people think that I belong to them, like I’m part of their family, because I am.”He is now being transferred.Holland recently learned from his superiors at the Missionary Oblates of Mary Immaculate that he will be moved to an isolated community either in northern Saskatchewan or on Vancouver Island.He said although he is getting up there in age, he still has good health and a passion to continue his work at Sacred Heart. If Holland does end up having to leave, the petitioners are asking for more time so that new relationships can be built within the Aboriginal community.“Father Jim is right for us, so, the people that are coming in we’re not saying no to them, but what we’re saying is that we need a two to three year transition period for them to work under Father Jim and develop the relationship with the community,” said Ashley.Holland said he is proud that the church members are using their voices because the church belongs to them.“I feel great about it because they are speaking out,” said Holland. “I am more than willing to stay if everything works out.”The online petition currently has 2,217 signatures and [email protected]