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Showing posts from February 8, 2018

Nissan slashes profit forecasts after inspection scandal.

Japanese car giant Nissan on Thursday slashed its forecast for full-year operating profit after admitting that a damaging inspection scandal last year had “adversely impacted” the firm’s performance. Nissan said it now expects operating profit of 565 billion yen ($5.2 billion) for the fiscal year to March 2018, a drop of 12.4 percent from its previous estimate in November. “During the period, the Group’s performance was adversely impacted by special items related to the final vehicle inspection issue in Japan, along with slowing sales growth, negative pricing trends and inventory adjustments in the US market,” it said in a statement. Nissan was forced to recall some 1.2 million vehicles after admitting in October that staff without proper authorisation had conducted final inspections on some vehicles intended for the domestic market before they were shipped to dealers. The automaker suspended all domestic production for a few weeks, sending its passenger car sales p

Tokyo stocks open higher after volatile trade.

Tokyo stocks opened higher on Thursday, after US stocks finished lower amid nagging questions about two days of wild price swings. The benchmark Nikkei index, which fell nearly five percent on Tuesday before rebounding 0.16 percent on Wednesday, edged up 0.38 percent, or 81.24 points, to 21,726.61 in early trade. The broader Topix index was up 0.51 percent, or 8.84 points, at 1,758.75. “Those who led sales Wednesday afternoon were presumably foreigners, including hedge funds who had invested globally,” Masayuki Kubota, chief strategist at Rakuten Securities, said in a commentary. Hedge funds had to sell Japanese stocks to minimise their losses, he said, adding that such moves are now calming down. Japanese shares may pick up “if Japanese corporate earnings continue sound performances and if US interest rate rises stabilise within a certain range,” he said. The dollar fetched 109.32 yen in early Asian

Kane is Europe’s best admits Wenger despite derby tension.

Arsenal manager Arsene Wenger put North London rivalries aside as he accepted Tottenham Hotspur’s Harry Kane is the most in-form striker in Europe on Thursday. Kane, 24, became the second fastest player to ever reach 100 Premier League goals by netting his 31st of the season in just 32 games to salvage a point for Spurs from a thrilling 2-2 draw at Liverpool last weekend. “If you look at the numbers, no, because he has high numbers,” Wenger said when asked if there was a better striker in Europe at the moment than Kane. The England international spoke this week of how being released from Arsenal’s academy as an eight-year-old left him with a “chip on his shoulder”. Kane has more than taken revenge with a fine record against Arsenal, scoring six goals in seven North London derbies. Wenger broke Arsenal’s transfer record last week to add more firepower to the Gunners quest to beat Tottenham to a top-four finish by splashing out £56 million ($78 million) on Pierre-Em

Meet Major Rogers Ibe Nicholas: Leading The Nigerian Army Against Shekau -.

Meet Major General Rogers Nicholas, new Lafiya Dole commander, who’s fluent in Hausa, Igbo, Yoruba Maj Gen. Rogers Ibe Nicholas was born on 12 June 1962 to the family of Chief and Lolo Nicholas Ibe in Kaduna. He hails from Umuaku in Alaeze Autonomous Community in Mbaitoli LG of Imo state. He attended LEA primary school, Gwari Road Kaduna from 1971-76 and later proceeds to Federal Government College Kaduna from 1976-1981 where he obtained his General Certificate of Education and West Africa Examination Council results. He gained admission into Nigerian Defence Academy in 1983 and graduated in 1986 as second lieutenant and posted to the Armoured Corps. He has served in several units which include 211Battalion, 231Battalion, 21 Brigade, Nigerian Battalion 13 Economic West African Monitoring Group, Nigerian Battalion 4 United Nations African Mission in Darfur, Nigerian Army Armour School and Headquarters Nigerian Army Armoured Corps, Headquarters Training Doctrine and Command, Army Headq

ICC to probe alleged crimes in Philippines, Venezuela.

The prosecutor at the International Criminal Court Thursday (ICC) launched initial probes into alleged crimes against humanity during the “war on drugs” in the Philippines and political upheaval in Venezuela. “Since 2016, I have closely followed the situations” in both the Philippines and Venezuela, prosecutor Fatou Bensouda said in a statement. After “a careful, independent and impartial review… I have decided to open a preliminary examination into each situation.” In the Philippines, her office would “analyse crimes allegedly committed… since at least 1 July 2016, in the context of the ‘war on drugs’ campaign” launched by Philippine President Rodrigo Duterte. “Specifically, it has been alleged that since 1 July 2016, thousands of persons have been killed for reasons related to their alleged involvement in illegal drug use or dealing,” Bensouda said. Many were allegedly “extra-judicial killings” carried out during “police anti-drug operations.” The ICC was opene

Woman & Her Boyfriend Beat Husband In Owerri Brothel, Leave Him In Pool Of Blood -.

There was a mild drama in Owerri, Imo State, on Monday when a man reportedly sighted his wife coming out of a brothel with an alleged boyfriend, identified simply as Okey. A witness told our correspondent that a fight broke out between the couple when the man alighted from the car and queried the wife. Sex workers at the brothel were said to have booed the man while the fight lasted. They reportedly held him as Okey and the wife allegedly beat him up. Okey was reported to have broken the man’s head with a club. The fight reportedly ended after the owner of the brothel intervened. PUNCH Metro learnt that the brothel is on Amaigbo Street, Owerri, adjacent to an electricity distribution company. The wife was also said to have told the public that she regretted marrying her husband, whom she called Jerry. Our correspondent learnt that the woman, a mother of three and in her early 30’s, had had a disagreement with the husband on Sunday before fleeing the house. “Blood was gushing out of t

How To Care For Your Freshly Cut Flowers.

Valentine season means Flower season. Sadly, bacteria does a lot of harm to freshly cut flowers once they are put in a vase. Bacteria is one of the secrets to a flower wilting quickly. To avoid this from harming your precious flowers, here are some tips to get it to stay longer: Sprites and 7up : Are not just a drink. Due to the high concentrate of sugar in it coupled with the soda, the which helps your delicate flowers. A mix of a quarter of sprite/7up and a cup of water does the trick. Vinegar : Don’t you just Vinegar? Add one and a half teaspoon of white vinegar and two spoons of sugar. Copper : You have probably seen copper or coins in a flower case. Turns out it was no accident. A copper coin is like an acidifier. It is often advised that you add a cube of sugar after the copper coin has been added. Vodka : Add a drop of vodka and a teaspoon of sugar. Bleach : Has a simple function: Prevents the bacteria from growing. Just add three drops of bleach and one

Leicester boss Puel hopes absent Mahrez will ‘get his head right’.

Leicester manager Claude Puel says he hopes Riyad Mahrez can “get his head right” and rejoin the team, confirming the Algeria international will not feature against Manchester City on Saturday The match at the Etihad will be the third consecutive league game the winger has missed since Pep Guardiola’s City failed to get their man on January 31, transfer deadline day. Mahrez, 26, has not featured for the mid-table Foxes, in matches or training, since his dream move to the Premier League leaders stalled. “I think Riyad is not available for Saturday’s game,” Puel told reporters at his pre-match press conference on Thursday. “I hope Riyad can get his head right and come back with us and work hard. The best way is for him to come back and enjoy his football. “He is a magnificent player and he enjoys his football. He loves his team-mates, and that’s important. He loves to touch the football but he needs to come back right. I hope he can come back with a good attitude and

Gambia rejoins Commonwealth under new president.

The Gambia was readmitted to the Commonwealth on Thursday, welcomed back following the democratic election of President Adama Barrow, who reversed the shock pullout of 2013. His predecessor Yahya Jammeh suddenly withdrew the impoverished west African nation in October that year, branding the group an “extension of colonialism” as he lashed out at international organisations. Accused of flagrant rights abuses, Jammeh ruled mainland Africa’s smallest country with an aura of mysticism and an iron fist after seizing power in 1994. Barrow began the readmission process in February last year, two months after topping an election in which Jammeh initially refused to give up his 22-year rule, triggering a crisis. Barrow’s formal application to rejoin the Commonwealth, submitted last month, received unanimous support from member states. Setting the seal on its return Thursday, The Gambia’s flag was raised in a ceremony at Marlborough House, the Commonwealth Secretariat’s hea