Korean Air cancels flights all over the world, not just to Zagreb

first_imgYou can see more information here Source: Korean Air Although there is an unnecessary panic over the headlines that flights to Croatia, more precisely to Zagreb, are being canceled due to the coronavirus, the fact is that Korean Air, a South Korean airline, is canceling flights to hundreds of destinations on all continents, not just Croatia. Thus, flights to Milan, Barcelona, ​​Vienna, Madrid… and thus to Zagreb have been canceled, while for many other destinations reduced flight intensity with certain restrictions. center_img In September last year, they welcomed for the first time the first flight of the South Korean airline Korean Air to Croatia, which connected Zagreb and Seoul three times a week during the summer flight schedule, while it connected Seoul, Zagreb and Zurich in the winter flight schedule. Flights between Seoul and Zagreb were supposed to start again this year from March 31, but they are currently canceled, ie extended until April 23, 2020.last_img read more

Out of stock

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Japan business confidence recovers slightly after pandemic plunge

first_imgThe June figure was the lowest since June 2009 when worldwide financial shocks hammered the planet’s third-largest economy.The modest recovery “has mainly been driven by an improvement in the Japanese economy, which has been gradually returning to normal following the lifting of the state of emergency in the country and the end of lockdowns in other major nations,” Naoya Oshikubo, senior economist at SuMi TRUST, said in a commentary.”However, a global –- and consequently Japanese — recovery may be hampered by a second wave of Covid-19,” he warned ahead of the release of the survey.Japan was struggling with the effects of natural disasters and a hike in consumption tax even before the pandemic crippled the global economy.Once it hit, there were no mandatory lockdowns in the country, the government instead asking people to stay at home — requests that were largely heeded.But that, coupled with a shuttering of the country’s borders, battered tourism and consumer spending, with the hospitality industry hit particularly hard.Confidence among big non-manufacturers improved to minus 12 — against a market consensus of minus 9 — after plummeting to minus 17 in June from plus 8 in March.Topics : Confidence among major Japanese manufacturers has recovered marginally after plunging on pandemic woes to its worst level since the global financial crisis, a key survey showed Thursday.The Bank of Japan’s September Tankan business survey — a quarterly poll of about 10,000 companies — showed a reading of minus 27 among big manufacturers, after recording minus 34 in the previous survey in June.The latest figure compared with a market consensus of minus 24.last_img read more

Aussies added $10 billion in housing loans in a month, to now owe $1.561 trillion on homes

first_imgQueensland saw owner occupied housing lending drop in December, seasonally adjustedMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoAUSSIES added $10 billion in home loans in one month, bringing total outstanding housing loans to a whopping $1.561 trillion, latest official data shows.Australian Bureau of Statistics housing finance data for December showed housing loan outstandings jumped 0.7 per cent between November and December last year, with owner occupied loans hitting $1.016 trillion and investment housing loans at $545 billion.“The total value of dwelling commitments excluding alterations and additions (trend) rose 0.8 per cent in December 2016 compared with November 2016, and the seasonally adjusted series rose 0.4 per cent in December 2016.”Seasonally adjusted, owner occupied lending was up 1.3 per cent, led by strong growth out of ACT up 6.3 per cent, followed by New South Wales 1.5 per cent, Victoria 0.8 per cent and Northern Territory 0.5 per cent. But elsewhere saw falls including Queensland (down 1.3 per cent), Tasmania (2.7 per cent), South Australia (1.9 per cent) and Western Australia (2.7 per cent).First home buyers remained at 13.8 per cent of total owner occupied commitments for the month, but their numbers were down to 7,690.last_img read more

Genesta fund to target non-core Nordic real estate

first_img“Finland, for example, hasn’t come back like Sweden has, while Denmark is still dealing with legacy issues and not through its workout stage yet.”Palmgren, who co-founded Genesta in 2003, has returned to the firm to manage fundraising after six years at Catella.Genesta, he added, is looking beyond the Nordics for institutional investors for the latest fund and will begin sourcing investments alongside capital raising, using advisory firm Capra Global Partners.Genesta’s first fund, Genesta Nordic Baltic Real Estate, launched in 2007 and also targeted commercial value-add properties.The fund attracted investment from 12 European institutional investors and was fully invested in Finland, Sweden, Norway and Lithuania. Genesta is raising capital for a second pan-Nordic fund targeting non-core commercial real estate in major cities.The Stockholm-based fund manager is looking to secure between €250m and €300m from institutional investors for what would be its second fund.The closed-end, seven-year vehicle will be leveraged at 50% and target an IRR of 13-14%.Anders Palmgren, Genesta senior director for fund raising, said: “The core to value-add spread is at a record high, and, up until now, investors have been more focused on core. But what we’ve found is that the four Nordic countries’ cycles provide diversification.last_img read more

Sharp drop in drink deaths follows alcohol price rise

first_imgReuters 6 Feb 2013Increasing the minimum price of alcohol by 10 percent can lead to immediate and significant drops in drink-related deaths and may also have long-term beneficial health effects, according to a study published on Thursday.Canadian researchers found that deaths caused by alcohol between 2002 and 2009 in the western province of British Columbia dropped when the minimum alcohol price was increased, while alcohol-related deaths rose when more private alcohol stores were opened.The findings will be keenly scrutinized by alcohol policy makers, particularly in Britain where the government plans to introduce a minimum price on alcohol to try to clamp down on binge drinking and anti-social behavior. The United States does not currently set a minimum alcohol price.“This study adds to the scientific evidence that, despite popular opinion to the contrary, even the heaviest drinkers reduce their consumption when minimum alcohol prices increase,” said Tim Stockwell of the University of Victoria’s Center for Addictions Research of British Columbia, who led the study.John Holmes of the alcohol research group at Britain’s University of Sheffield said Stockwell’s study was a major contribution to evidence about minimum alcohol pricing and gave a “strong indication that the policy has reduced the consumption levels of those drinking at hazardous and harmful levels.”http://www.reuters.com/article/2013/02/07/us-alcohol-pricing-idUSBRE91600A20130207last_img read more

Tobosso man kills bro with steel pipe

first_imgBACOLOD City – A man allegedly beat hisown brother to death using a steal pipe in Barangay Zone 12-A, Talisay City,Negros Occidental. Joemar, meanwhile, was detained in the TalisayCity police station’s custodial facility. Charges will be filed against him./PN Police investigators said Marjon washaving coffee inside the compound of their barracks when Joemar hit him with asteel pipe several times. It was not immediately established what was themotive in the incident. His younger brother Joemar,19, wastagged as the suspect. Both were construction workers in the said village. center_img Marjon was rushed to the Talisay CityHealth Center where the attending physician declared him “dead on arrival.” Killed was 26-year-old Marjon Baron. Hesustained injuries on the head, police said. last_img read more

No bail bond for slay suspect

first_imgILOILO City –Police arrested a man charged with murder in Barangay Supanga, Calinog, Iloilo.No bail bond was recommended for his temporary liberty. Resident TommyCanja, 25, was caught on the strength of an arrest warrant around 6 a.m. onThursday, police said. He was detainedin the Calinog municipal police station’s stations custodial facility./PNlast_img

IMCA Late Model Tri-Track Challenge opens at Farley

first_imgBy Jerry MackeyFARLEY, Iowa – Farley Speedway showcases Out Pace Racing Products IMCA Late Models tak­ing part in the first installment of the Ideal Ready Mix Tri-Track Challenge Series this Friday, May 19.Late Models will be battling it out for the $2,000 top prize. In addition to the high-powered Late Models, the GSI Collision Specialists IMCA Modifieds and Karl Chevrolet Northern SportMods will be in action.Friday’s action will get underway with hot laps at 7 p.m. The first green flag is slated to wave at 7:30 p.m.last_img

Qatar adhered to all rules for 2022 bid, says SC

first_imgRelatedPosts Messi ban now over, Argentine FA president says CAF gives date for resumption of AFCON 2021, Qatar 2022 qualifiers FIFA World Cup winner, Howedes, retires at 32 Qatar’s Supreme Committee for Delivery and Legacy (SC) has strongly denied the allegations contained within the court papers made public in the US Tuesday. “They are part of a long-standing case, the subject of which is not the 2018/2022 FIFA World Cup bidding process,” it said in a statement. The SC pointed out that despite years of false claims, evidence has never been produced to demonstrate that Qatar won the rights to host the FIFA World Cup 2022 unethically or by means that contravened FIFA’s strict bidding rules. The SC maintained that it strictly adhered to all rules and regulations for the 2018/2022 FIFA World Cup bidding process and said any claim to the contrary is baseless and will be fiercely contested.Tags: FIFA World CupSupreme Committee for Delivery and Legacylast_img read more