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Stuff Fibre warned by watchdog over broadband speed claims

Stuff Fibre has been warned by the Commerce Commission over its unsubstantiated broadband speed claims. NZ Fibre Communications Limited, which trades as Stuff Fibre, likely breached the Fair Trading Act because it didn’t have reasonable grounds for making the claim that it is “Probably NZ’s Fastest Internet”, the regulator said in a statement. Stuff Fibre hadn’t done any broadband speed comparisons with competitors and admitted it didn’t know if its broadband services were actually faster than its competitors. The commission…

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Dyson employees are in the dark about top-secret electric car

Modal Trigger Dyson CEO Jim Rowan (left) and Dyson Director of Global Engineering Scott Maguire (right) show Prince Charles, Prince of Wales, a few of Dyson’s current projects. The company is currently working on an electric car. Getty Images Working at Dyson is like working in a vacuum. The UK-based luxury appliance maker has been developing an all electric car for the past several years, but even its own employees are in the dark about it, and those that are…

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The sleep test: Cathay Pacific’s new business class mattress

75,000 Bonus Qantas Points + 75 Status Credits – ANZ Frequent Flyer Black Ad Receive 75,000 bonus Qantas Points plus 75 Qantas Status Credits if you buy a new return flight & travel by 31/05/18. No annual fee for first year. Min spend, T&Cs apply. Click here. by David Flynn | December 18, 2017 Intent on lifting its game for premium travellers, Cathay Pacific is now trialling mattresses to help business class flyers sleep better above the clouds. The airline’s…

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Wellbeing Of Our Host Communities Very Important

Mr Solomon Dery, Community Relations Officer for Azumah Resources Ghana Limited, a subsidiary of an Australian Mineral Exploration Company operating in the Upper West Region has said the wellbeing of host communities were paramount to their success. He said the company had therefore placed high premium in its corporate social responsibility to the communities as a measure to improve their total wellbeing and also promote and sustain peaceful working relations amongst the two parties. Mr Dery noted this during the…

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Policy Mix Underlines Positive Fundamental Backdrop For The Dollar

The prospects that the Republican-controlled legislative branch would find a compromise to tax cuts were enhanced when a few senators appeared to capitulate without much to show for it may have helped lift US stocks and dollar ahead of the weekend. Each chamber must now approve the reconciliation measure, which does not look particularly like either the House or Senate bills, though the regressive thrust was maintained. Passage will be relatively easy in the former, but it will be a…

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What does the president know about the DISS financial scandal?

What does the president know and when did he know it? This famous question which brought down the Richard Nixon administration during the Watergate scandal may come to haunt President Khama following revelations that the country’s Directorate of Intelligence and Security Services (DISS) diverted P250 millions from the Petroleum Fund to allegedly line the pockets of some senior government officials. The transparency International Government Defence Anti-Corruption Index has revealed that President Khama and the DISS Director General Isaac Kgosi may…

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Boost for trade ties between KL and Colombo – Nation

COLOMBO: Trade ties between Malaysia and Sri Lanka will receive a boost following Datuk Seri Najib Tun Razak’s visit here. The Prime Minister, who is on his first official visit to Sri Lanka, landed at Bandaranaike International Airport here at 8.40am (11.10am Malaysia time) yesterday. Najib, accompanied by his wife Datin Seri Rosmah Mansor, was greeted on arrival by Tilak Mara­pana, Sri Lanka’s Minister of Fo­­reign Affairs and Development Assignments. The others present to greet the Prime Minister included the…

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Vanguard Newspaper Nigeria – Wary investors steer clear of FGN Savings Bond | Nigerian Bulletin

DMO, analysts differ on challenges as patronage crashes By Babajide Komolafe INVESTORS appetite for the newly introduced Federal Government of Nigeria, FGN, Savings Bond (FGN-SB or Savings Bond) has eroded by 88 percent as at November, 2017. But the Debt Management Office (DMO), the issuers of the bond, and market analysts are divided over the performance. Financial Vanguard analysis of the allotment results of the Bond from inception in March 2017 to November show persistent decline in the value of…

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6 predictions for ad-land in 2018

Will brand safety and transparency continue to dominate the conversation? It has certainly been an interesting 12 months in ad-land. Brand safety and transparency have dominated the conversation; marketers’ imaginations have been fired up by new smart devices, while the importance of quality and ground-breaking creative was highlighted by some truly spectacular campaigns. But what does 2018 hold for the ad industry? Well, ready to usher in the New Year, I’ve been gazing into my crystal ball to predict the…

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2018 Budget of Consolidated Struggle

PERSPECTIVE   Akintujoye Ayo Bankole in this article identifies the pitfalls in the 2018 budget The 2018 budget is important to Nigeria in two major ways: 1) It is the last full-year budget to be implemented by this administration, one that rode to power on the back of tremendous goodwill and popular vote, but has largely failed to meet the expectations of the majority; 2) It is the first budget after the recovery from the recession which hit…

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Regulator slashes Eskom’s revenue – Moneyweb

Energy regulator Nersa on Friday announced that it granted Eskom little more than a quarter of the 19.9% tariff increase it applied for for 2018/19 and in fact slashed its revenue to considerably less than it was entitled to in the current year. Electricity tariffs will increase by an average 5.23% on March 31 next year for Eskom’s direct clients. The average percentage increase for municipalities will be determined in January and will be implemented on June 1. Nersa will…

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Bankruptcies filed Nov. 28 and Dec. 7-13, 2017

ADDRESS: 5201 Oneida St., Duluth CHAPTER 7 DATE FILED: Nov. 28 ASSETS: $201,656.03 LIABILITIES: $1,212,773 DEBTOR: Heather R. Bushey ADDRESS: 20 Dewberry Lane, Duluth CHAPTER 7 DATE FILED: Dec. 7 ASSETS: $7,300 LIABILITIES: $29,388.73 DEBTOR: Mari E. Beltezore fka Mari E. Leathers dba Mari E. Beltezore ADDRESS: 132 Second St. N., Eveleth CHAPTER 7 DATE FILED: Dec. 7 ASSETS: $46,024 LIABILITIES: $128,814 DEBTOR: Donette M. Lindblad fka Donette M. Cook ADDRESS: 216 Seventh St., Duluth CHAPTER 7 DATE FILED: Dec.…

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Do good companies ICO?

There has been a veritable explosion in the use of initial coin offerings (abbreviated ICO, sometimes also referred to as a token generating event or TGE, or a WTFLOL) to fund startups. Calculating the total investment in these offerings is complicated, but Coindesk puts the total right now at about $3.8 billion cumulatively, with the bulk invested in 2017. That total volume pales in comparison to overall venture funding, which was approximately $41 billion last year and has hit highs…

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3 sleeping workers burn to death in Dubai warehouse fire

(MENAFN – Khaleej Times) Three sleeping workers burned to death after a fire broke out in a warehouse in Al Quoz early on Sunday. The fire was reported in the warehouse in industrial area number 3 at 4:50am, the civil defence said. The warehouse belonged to a private company. Mohammed Hamed, spokesperson of the Dubai Civil Defence, said when firefighters reached the site, they found the fire had spread to two other neighbouring warehouses. The flames spread because of…

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French finance minister calls for bitcoin regulation debate at G20

PARIS (Reuters) – France will propose that the G20 group of major economies discuss regulation of the bitcoin virtual currency next year, Finance Minister Bruno Le Maire said on Sunday. “I am going to propose to the next G20 president, Argentina, that at the G20 summit in April we have a discussion all together on the question of bitcoin,” Le Maire told French news channel LCI. “There is evidently a risk of speculation. We need to consider and examine this…

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Global Stocks Move Toward Third Week of Gans

World stocks dropped on Friday, December 15, and the dollar slipped against major and heavyweight emerging market currencies, as nagging uncertainty about a U.S. tax cuts package dovetailed with broad-based end-of-year caution. It was a groggy end to what was still set to be a third week of gains for MSCI’s global stock index .MIWD00000PUS following more upbeat data and signs that central banks including the Federal Reserve have no plans to really jack up interest rates. U.S. futures markets…

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