Friday, July 12, 2013

Apoorva Lakhia stumbles upon Ram Charan in Japan

We all recently heard that a Japan's leading confectionery manufactured cream biscuits with Ram Charan on its cover after the immense popularity the South Superstar received after the blockbuster Magadheera released there. To honor his fan following, the company has manufactured and called the cream biscuits as Charan Love Cream Biscuits with his picture on it.

Well, director Apoorva Lakhia who was on a personal visit to Japan (buzz is that it is a recce for his next film which he extensively wants to shoot in Japan) was in for a pleasant surprise we hear! He was roaming in the market when he came across the Charan Love Cream Biscuits which had Ram Charan on it.

A source close to the team said, "Apoorva and Ram Charan have become really good friends since the latter will be seen in his next ambitious project Zanjeer! This was Apoorva's personal visit to Japan and he was quite excited and surprised when he saw the Charan Biscuits."

Meanwhile, Ram Charan is all gearing up for his big debut in Bollywood with action film Zanjeer opposite Priyanka Chopra.

Source: http://www.bollywoodhungama.com/movies/features/type/view/id/5221

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Wednesday, July 10, 2013

Wolters Kluwer Launches Fair Lending Training | RV Business

Wolters Kluwer Financial Services today (July 10) launched a new comprehensive fair lending training program targeting the automotive, recreational vehicle, marine and powersports dealer industry, according to a press release.

Developed as a response to increased lender pressure and industry scrutiny of fair lending practices within the dealer marketplace, the training provides dealers with a comprehensive program to educate finance department personnel and equip them with fair lending standards needed to help them ensure compliance and maintain strong lender relationships.

In March, the Consumer Financial Protection Bureau (CFPB) published Bulletin 2013-02, Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act. Since then, the CFPB has issued subpoenas in an expansive probe into indirect auto lending practices, and the justice department is investigating auto dealers for their rate markup practices, hinting that further legal action targeting dealers directly may be on the horizon. It has prompted a great deal of analysis, discussion and concern within the network of dealers and their lender relationships.

?While dealers generally fall outside the jurisdiction of the CFPB, recent developments have made it clear the lenders they work with will not escape the scrutiny of regulatory bodies which enforce ECOA compliance. These lenders are certainly starting to exert pressure on dealers to find ways to demonstrate that they are in compliance with fair lending regulations,? says Chip Zyvoloski, senior attorney, indirect lending with Wolters Kluwer Financial Services. ?Our fair lending training is designed to help dealers comply with the law, protect them from risk and at the same time provide them with a way to demonstrate ongoing compliance to their lender relationships.?

The National Independent Automobile Dealers Association (NIADA) has announced their endorsement of the Wolters Kluwer Financial Services fair lending training program.

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Source: http://www.rvbusiness.com/2013/07/wolters-kluwer-launches-fair-lending-program/

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Monday, July 8, 2013

Israel Corp unit plans 2 billion pound listing in London: report

US-ISRAELCORP-LISTING:Israel Corp unit plans 2 billion pound listing in London: report

JERUSALEM (Reuters) - A company being spun-off from Israel Corp <ILCO.TA>, one of Israel's largest conglomerates, is planning a 2 billion pound ($2.98 billion) listing on the London Stock Exchange, the Sunday Times reported on Sunday.

Israel Corp, controlled by billionaire Idan Ofer, announced last month it would split off some of its less-profitable assets into a new, listed company in a bid to boost the value of its core businesses and attract a broader range of investors.

Israel Corp did not announce where the listing would take place, but said the process of separating the company into two would be completed within 6-12 months.

The Israeli holding company will keep two of its most lucrative and stable companies - fertilizer and specialty chemicals maker Israel Chemicals (ICL) <ICL.TA> and Oil Refineries <ORL.TA>, Israel's biggest refinery.

The Sunday Times reported that the London listing would include shipping company Zim, chipmaker TowerJazz <TSEM.TA>, IC Power and Israeli-Chinese carmaker Qoros. Ofer is already planning to move his family to London as well, it added.

Before the reorganization, Israel Corp will work towards resolving Zim's $2.7 billion debt load through a restructuring with banks, shipyards and bondholders.

An Israel Corp spokesman declined to comment on the report.


(Reporting by Ari Rabinovitch and Tova Cohen; Editing by Elaine Hardcastle)

Related Keywords:US , ISRAELCORP , LISTING

Source:Reuters. All Rights Reserved

Source: http://feedproxy.google.com/~r/Ibn-ItBusinessNet-news/~3/1YNYkKO51Vo/viewarticle.jsp

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Church of England issues formal apology for child sex abuse failures

A meeting of the General Synod was disrupted when a man, described by the Church of England as having "personal health issues", was arrested for allegedly assaulting two stewards.

A spokesman for the Church said a man was asked to wait as the Archbishop of Canterbury Justin Welby and the Archbishop of York Dr John Sentamu moved in procession to the front of York Minster. He reportedly then lashed out, leaving a member of Dr Sentamu's staff Dave Smith requiring treatment from ambulance staff.

The police said they responded within minutes of being called, and arrested a 42-year-old man on suspicion of assault.

The Church later said the man was not a protester, and said in a tweet that he was a "local man with personal health issues and known to police". It asked followers to "please pray for him".

The worrying breach in security came as members of the Church's national assembly are today expected to formally endorse an apology over clerical child abuse.

The Synod will be asked to back an apology issued by Mr Welby and Dr Sentamu over failings in procedures to protect children, young people and adults from physical and sexual abuse by clergy and others.

The apology also covers the "failure to listen properly to those so abused."

The debate at the University of York comes after a final report was published in May into the operation of child protection policies following a series of scandals involving clergy within the Diocese of Chichester.

The report comes after the former Archbishop of Canterbury, Dr Rowan Williams, now Lord Williams, ordered an inspection of the diocese in December 2011.

At the time the report was published, the Most Rev Welby renewed his apology to the victims of clerical abuse for their "pain and hurt".

The Government's welfare reform programme - and whether to back a call rejecting the "misleading characterisation" of all welfare recipients as "scroungers" will also be debated by General Synod members.

A briefing document drawn up for the General Synod by Philip Fletcher, chairman of the Church's Mission and Public Affairs Council, has accused Government spokesmen of making "political capital" out of presenting unemployment as a "strivers" versus "scroungers" debate.

The Most Rev Welby and Dr Sentamu, backed a letter to the Daily Telegraph earlier this year criticising the Government over benefit cuts.

The letter, signed by 43 bishops, opposed to a 1% cap on benefit rises saying this could push 200,000 children into poverty.

Additional reporting: PA

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Harrison Ford

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Source: http://www.tasteofawesome.com/Funny/Harrison-Ford/326668

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What?s next for Cub Swanson after UFC 162 win?

At UFC 162, Cub Swanson won an unorthodox, but thrilling bout. He earned a TKO win over Dennis Siver in the third round by knocking him down with a right hand, then following him to the ground. The knockout followed a back and forth bout that somehow saw these two strikers hit the ground. Swanson was able to come back and win, giving him his fifth win in a row.

Swanson's last loss came to Ricardo Lamas at UFC on Fox 1 in November of 2011. Since then, he's rattled off wins over George Roop, Ross Pearson, Charles Oliveira, Dustin Poirier, and now Siver. Four of those five wins came by a knockout or TKO.

The big question coming out of his win is if this performance qualified him for a title shot against UFC featherweight champion Jose Aldo. Though every fighter wants a shot at the title, getting it against Aldo would be a little sweeter for Swanson than most. In 2009, when they were still in the WEC, Aldo knocked out Swanson with a flying double knee in just eight seconds.

Swanson's biggest obstacle to getting to Aldo is just how many people have a claim on the next UFC featherweight title shot. Champion Jose Aldo is set to face Chan Sung Jung in August. Jung replaced Anthony Pettis, who missed on his chance to fight for the title because of an injury. Ricardo Lamas also has the resume for a title shot.

Even if Swanson can't get at Aldo -- or Jung, if he wins in August -- he should take a major jump up competition for his next bout, which could set the stage for a chance at the belt.

Who do you want to see Swanson fight next? Speak up on Facebook or Twitter.

Source: http://sports.yahoo.com/blogs/mma-cagewriter/next-cub-swanson-big-ufc-162-win-031840471.html

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Friday, June 28, 2013

Nevada gambling regulator says Macau junkets, triads on the decline

June 28, 2013

macau-nevada-burnettNevada Gaming Control Board chief A.G. Burnett told Congress it was ?common knowledge? that Macau?s VIP gaming rooms have ?long been dominated by Asian organized crime.? Burnett made the comments on Thursday while addressing the U.S.-China Economic and Security Review Commission, which is investigating alleged money laundering activities in the Asian gambling hot spot. Burnett suggested that since the arrival in Macau of three US-based casino companies ? Las Vegas Sands, Wynn Resorts and MGM Resorts ? ?much of those triad activities had actually decreased in one fashion or another.?

However, at least two of those operators ? Sands and Wynn ? are currently the subjects of US federal investigations regarding their Asian activities. Asked whether Nevada regulators had ever seen fit to punish a US operator for its activities in Macau, Burnett admitted they hadn?t, but suggested that the operators had nonetheless ?suffered? due to their footing the bill for Burnett and his ilk to fly out to Macau on fact-finding missions. ?Travel to China is not cheap.?

Burnett said he believes US casino operators in Macau are conducting satisfactory due diligence on their junket partners, but Burnett also claimed the junket operators? influence was on the decline thanks to the casinos? new preference for the higher margins offered by so-called ?premium mass? tables, which don?t operate on credit, eliminating the need for junkets. Burnett said there would be no need for junket operators if China would only loosen restrictions on its citizens? ability to take money out of the country. The RMB 20k (US $3,240) limit is ill-suited to the financial needs of China?s high-rollers, leaving them little alternative but to seek out junket operators or engage in some creative dealings with Macau?s pawnshops.

The political appointees conducting Thursday?s hearing were a singularly unimpressed lot. Commission member and former GOP senator Jim Talent said the truth was that ?we really don?t have any idea what?s going on in Macau,? while fellow commissioner Michael Wessel described the casino-junket relationship as ?so complex it reminds me of a Rube Goldberg-style equation.? The Commission strongly suggested that Treasury Department assistant secretary for terrorist financing Daniel Glaser should increase scrutiny of Macau?s casino industry. It?s worth noting that in 2011, the US State Department claimed a direct link between Macau casinos and terrorist financing, only to backtrack when challenged to back up these allegations with, you know, evidence.

MACAU CRACKS LOAN SHARK GANG
As if on cue, Macau?s Judiciary Police (JP) have just announced the takedown of what they claim is the biggest loan-sharking gang the city has seen in over a decade. The Macau Post Daily reported that 13 suspects were arrested Tuesday, including six locals, five Hong Kong residents and two from the Chinese mainland, while the JP seized around HKD 500k ($64.5k) in cash. The investigation began in 2010 following a tip-off about loan sharks prowling casino floors looking for gamblers down on their luck. The sharks would offer loans in the form of gambling chips, while collecting commissions of 30% directly off the top, or 10% of every wager or anytime the ?lucky? baccarat gambler hit an eight or nine.

Source: http://calvinayre.com/2013/06/28/casino/nevada-regulator-says-macau-junkets-on-the-decline/

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