TORONTO — Higher industrials and bank stocks helped push the Toronto stock market ahead for a fourth straight session as gold and oil prices retreated.Toronto’s S&P/TSX composite index advanced 89.93 points at 13,671.35, while the Canadian dollar lost 0.35 of a U.S. cent to 78.03 cents US.The pullback from the loonie comes after three days of advances that saw the currency rise more than 2.3 U.S. cents to settle at its highest close since July.Bank of Canada holds interest rate, hikes economic forecastEarlier, the Bank of Canada announced that it was keeping its trend-setting interest rate locked at 0.5 per cent, forecasting that the economy will grow by 1.7 per cent in 2016, up from its January expectation of 1.4 per cent.On commodity markets, the May contract for benchmark North American crude edged down 41 cents to US$41.76 a barrel after closing above Tuesday at its highest level since late November.Elsewhere in commodities, May natural gas was up three cents at US$2.04 per mmBTU, while May copper advanced two cents to US$2.17 a pound and June gold shed $12.60 to US$1,248.30 a troy ounce.New York markets were also solidly ahead for a second day, with the Dow Jones industrial average adding 187.03 points at 17,908.28, while the broader S&P 500 advanced 20.70 points to 2,082.42.The Nasdaq composite jumped 75.33 points to 4,947.42.
Lukashenko ‘has to go’ Macron on Sunday said that Lukashenko “has to go”, but has also vowed support possible mediation in the crisis by the Organization for Security and Co-operation in Europe (OSCE).”Our objective is for this mediation to begin in the next few days or weeks,” Macron said, adding that German Chancellor Angela Merkel and EU chief Charles Michel would “push” Belarus to accept mediation.”The aim is a peaceful transition, the release of people who are in prison for their political opinions and the holding of free elections under international observation,” he said.Tuesday’s meeting with Macron was Tikhanovskaya’s most high-profile so far.She has previously addressed the UN Human Rights Council and the European Parliament and has met with EU foreign ministers and the leaders of neighboring Poland and Lithuania.Tikhanovskaya, a political novice whose blogger husband is in prison in Belarus accused of trying to overthrow the government, told AFP after the meeting that she had accepted an invitation to speak at the French parliament.Parliamentary officials said she would address the lower house’s foreign affairs committee. Britain and Canada on Tuesday became the first major nations to slap sanctions on Belarusian President Alexander Lukashenko over the country’s seething political crisis.The move came as Russia lashed out at what it dubbed “unprecedented external pressure” on Minsk after Lukashenko’s disputed election victory triggered massive street protests and Western condemnation.The European Union has so far failed to impose blanket sanctions on Lukashenko, with only its small Baltic members Estonia, Latvia and Lithuania targeting the strongman leader and around 100 senior regime officials. ‘Difficult situation’Tikhanovskaya said the crisis should be resolved “as soon as possible” and new free and fair elections should be held by the end of the year.”[Macron] supports the idea of mediation because he understands that powerful countries need to be involved to begin negotiations with Lukashenko. He is ready to help with this,” she said.”I think he will speak with the Russian side about Belarus and will do everything possible to involve Russia in these negotiations.”Macron has said that Putin, Lukashenko’s main ally, is favourable to mediation in the Belarus crisis by the OSCE.But Putin on Tuesday said that Belarus was in a “difficult situation” and was facing “unprecedented external pressure”.Addressing a forum on the Belarusian and Russian regions, the Kremlin chief said Moscow was ready to stand by Minsk, describing ties as “timeless and all-weather”.Putin has promised to provide Lukashenko with security assistance if the political crisis worsens and gave Belarus a loan of $1.5 billion.Kremlin spokesman Dmitry Peskov downplayed Macron’s talks with Tikhanovskaya, saying it amounted to a meeting between the “French president and a Belarusian citizen”.Topics : But French President Emmanuel Macron on Tuesday signaled that EU sanctions were in the offing after he promised that Paris would help foster mediation of the crisis.London and Ottawa imposed the sanctions on Lukashenko, his son and senior regime figures for a string of alleged human rights violations.Belarus has been in upheaval since a disputed August 9 presidential election in which opposition leader Svetlana Tikhanovskaya claimed victory against Lukashenko, who has ruled since 1994.The United States, European Union, Britain and Canada regard his presidency as illegitimate, but he has the backing of long-time ally Russian President Vladimir Putin. Macron met Tuesday with Tikhanovskaya in the Lithuanian capital Vilnius in what was seen as a major show of support for the activist.Tikhanovskaya fled to the Baltic EU state bordering Belarus in the aftermath of the vote as mass protests in former Soviet republic were met with a brutal crackdown in which thousands were arrested.”Europe is putting itself in a position to exert pressure, through sanctions that we will have to take in the coming days and weeks,” Macron told reporters.EU leaders are preparing to adopt sanctions against Lukashenko and other top Belarusian officials at a summit later this week.
Italian oilfield services player Saipem has reported loss in the first half of 2018 of €323 million ($377.5 million), on revenues of €3.8 billion ($4.4 billion).This result compares to net loss of €110 million ($128.6 million) on revenues of €4.6 billion ($5.4 billion) for the first six months of 2017.For the second quarter 2018, Saipem booked net loss of €321 million ($375 million) with net of write-downs and reorganization expenses of €316 million ($369 million).Adjusted result was net profit of €6 million, against €92 million in the first half of 2017, with loss of €5 million in the second quarter.Revenues in the Q2 2018 were close to €1.9 billion ($2.2 billion), while 1H 2018 revenues fell some 17 percent compared to last year result.In the first half 2018, Saipem secured new contracts worth close to €4 billion, versus €2 billion in 1H 2017, and reported backlog of €12.6 billion (€12.4 billion in 1H 2017).The company’s net debt increased since December 31, 2017 from €1.29 billion at €1.32 billion.For 2018, Saipem confirmed its previous guidance with revenues of approximately €8 billion, capex at some €500 million and net debt at €1.3 billion.Subsea World News Staff
Ariola was nowdetained in the lockup cell of the Batad municipal police station. ILOILO City – A29-year-old man charged with rape was arrested in Barangay Poblacion, Balud,Masbate. Policeinvestigators said Ariola was hiding in Masbate after he was accused of trying to rape a woman. Darl JayAriola, a resident of Poblacion, Batad, Iloilo, was caught on the strength ofan arrest warrant around 1 a.m. Sept. 26. The court recommendeda P120,000 bail bond for his temporary liberty./PN
Edna A. Lamppert, age 91 of Batesville, died Thursday, November 17, 2016 at St. Andrew’s Health Campus. Born August 17, 1925 in Franklin County Indiana, she is the daughter of Cecelia (Nee: Siefert) and Ben Fledderman. She married Robert Lamppert April 24, 1948 at St. Mary’s of the Rock Church in St. Mary’s, Indiana. She spent 35 years at Hill-Rom as a secretary and production scheduler, was a member of St. Anthony’s Church and a former member of the Red Hat Ladies.Edna spent a large portion of her life sewing, crocheting and quilting. Over the years, family and friends have been the recipient of treasured pieces she made. She had many interests which included playing the organ, watching the Reds and college basketball, collecting dolls and westerns. She was a huge John Wayne fan. Edna had a green thumb with plants and enjoyed working in her flower beds around the house. Being with her grandkids is what she loved most.She is survived by her husband Bob; daughters Beverly Froman of Brookville, Indiana, Darlene Trusty of New Palestine, Indiana, Pam Brown of Shelbyville, Indiana; son Dwight Lamppert of Palm Harbor, Florida; sister Marie Connolly of Dover, Indiana; nine grandchildren and six great grandchildren. In addition to her parents, she is also preceded in death by sisters Marcella Becker, Rita Obermeyer, Ethel Obermeyer, Elvira Moorman and brothers Raymond, Urban, Walter and Victor Fledderman.Visitation is Monday, November 21st, from 4 – 7 p.m. at the Weigel Funeral Home. Funeral services are 10 a.m. Tuesday, November 22nd, at St. Anthony’s Church with Rev. Frank Eckstein officiating. Burial will follow in the church cemetery. The family requests memorials to St. Anthony’s Church Capital Improvement Fund or Margaret Mary Health Foundation Hospice.