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first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp#TurksandCaicos, December 27, 2017 – Providenciales – A long standing tradition for CIBC FirstCaribbean has been to support the National Cancer Society of the Turks and Caicos; 2017 was no exception and the bank stepped up in a major way to present a significant gift to the organisation which supports families and people living with the dreaded disease.Larry Lawrence is Country manager of CIBC FirstCaribbean and he turned over a cheque for $15,000.“We are very proud to announce that the TCI team has raised $15,000 this year to support the work of the Natioanal Cancer Society in the Turks and Caicos Islands.  Their educational programs, that is the National Cancer Society are critical to helping generate awareness, and of course early detection, treatment and prevention of cancer.  So this is a very important initiative that the National Cancer Society has undertaken in the Turks and Caicos Islands and we of course are very happy to facilitate that.  Several of our team members and their families have been affected by cancer throughout the years, and that there is much public awareness throughout TCI, in other words, this is very close to our hearts.”Rosemary Jolly is the president of the Natl Cancer Society and she along with Elaina Patrick, the Society’s protocol officer accepted the cheque and explained the use of the donation derived from the Walk for a Cure event and bake sale fundraisers held by the bank during the year.“Over teh last six weeks, we have had six or seven persons, whether just diagnosed or diagnosed some time ago, but have just reached out to us for support, and so our work continues and our commitment continues.  So contributions like this really puts us in a better position to help those who are counting so much on us.  So once again thanks very much First Caribbean and thanks for your staff’s commitment to this cause and thanks to our corperate sponsors.”#MagneticMediaNews#CIBCpresentschecktoTCICancerSociety Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#CIBCpresentschecktoTCICancerSociety, #magneticmedianewslast_img read more

first_imgThe initial pitch was also a challenge. “The response from the market was, ‘You’re crazy, starting a print magazine in today’s age?” says McCafferty.The first issue of Design World debuted in October 2006 to mixed response. “While in pre-sell our mock-up looked great, we quickly found that it missed the market,” says McCafferty. The company surveyed its readers and made design changes for its next issue in December 2006.Despite the slow start, Design World, which boasts a 40,000-circ, went on a two-week run outside its core territories where it picked up major accounts for every issue of 2007. “Once those came in, the worst case was we would break even in 2007,” says McCafferty. With two issues under its belt, Design World generated $245,000 in 2006.Building Out OnlineWTWH experienced growing pains with online as well. “We didn’t want to create just another magazine Web site,” says McCafferty. “We began offering e-newsletters and online ads immediately but quickly found that simply launching a Web site doesn’t mean you will have traffic. In January 2007, we had 2,000 unique visitors and 8,000 page views. We could have sold all those page views to one person.”McCafferty hired Marshall Matheson, a former advertising client, as WTWH’s vice president of new media. Matheson had expressed his frustration as an advertiser working with publishers online. “We used his experience to build a robust back end,” says McCafferty.WTWH builds product landing pages with customizable widgets pulling feeds out of manufacturer’s sites that can tie in with relevant edit and video. “In the design engineering market, people weren’t doing that yet,” says McCafferty. “We’re perceived as the so-called ‘smart online guys.’”Still, the magazine remains a key component of the overall strategy. “We view the magazine as an aircraft carrier,” says McCafferty. “The magazine gives us the necessary media authority.”In June 2007, WTWH bought 3DCAD World Network, a series of registration-based sites, and just before the end of 2007, closed on Mcadcentral.com. “We overpaid on the first deal but it gave us the opportunity to say, ‘now we have 300,000 page views and we can do run of network advertising’ as opposed to just Design World,” says McCafferty. Hearst Takes a ChanceWTWH got an additional credibility boost when Hearst’s Electronic Products Magazine tapped the startup as a partner in a project called Mechatronics, which features a quarterly print product, a wiki site, blogs and e-mail newsletters. The revenue budget for the venture is around $300,000, according to McCafferty. “Design World added value in ways that absolutely helped us grow our business,” says Todd Christenson, publisher at Hearst Business Media.In 2007, the Design World franchise—including print and online—will generate about $1.8 million, according to McCafferty. In 2008, WTWH’s goal is $4 million although McCafferty believes $3.5 million is probably more realistic. The company will continue to leverage its mix of print and online products, including a new offering called Digital Manufacturing Review, which includes a quarterly print product, a wiki site and an e-newsletter. “We’re going to surprise people with a series of new Web sites in the markets we’re serving,” says McCafferty.MORE STARTUP STORIES:Glam MediaArchitectCraftInternet EvolutionScientific American Competing against established players like Reed and Penton is a daunting task for any startup (especially for one that’s just barely over a year old). But WTWH Media (which stands for “Willing To Work Harder”) has gained solid market share thanks to a sophisticated online strategy (as well as a little help from a strategic partner named Hearst).Founders Scott McCafferty and Mike Emich were both former Penton sales reps with their own independent sales rep firms. But each had the itch to get back into the publishing side. In January 2006, McCafferty and Emich started putting together a business plan. “We worked with $200,000 cash until we established a line of credit for $1 million,” says McCafferty.But getting the product off the ground wasn’t that easy. Several Penton editors initially agreed to join the startup but then backed out to stay with Penton.The Online Differencelast_img read more

first_imgValue buying, coupled with the successful passage of the crucial bankruptcy bill in the Lok Sabha, saw the Indian equity markets rise on Monday.The barometer index of the Indian equity markets gained by 217 points during the day’s trade.Initially, both the bellwether indices of the Indian equity markets opened on a weak note in sync with their Asian peers and last Friday’s slump.However, both the key indices soon rose on the back of value buying and a further fall in international crude oil prices that buoyed investors’ sentiments.Apart from oil prices, metal stocks, too, supported the day’s gains — as investors expected the government to set a minimum import price on several steel products.In addition, the passage of crucial bankruptcy bill in the Lok Sabha gave a major boost to markets.Besides, investors have hedged their hopes on the government getting other critical bills approved by parliament including a legislations on setting up of commercial courts and amendments to the Arbitration and Conciliation Act.Even the clarity on the status of the GST (Goods and Services Tax) bill getting delayed due to parliament’s logjam increased risk-taking appetite of investors.The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) closed higher by 217 points during the day’s trade.Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) also gained. It ended higher by 72.50 points or 0.93 percent up at 7,834.45 points.The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 25,425.32 points, closed at 25,735.90 points — up 216.68 points or 0.85 percent from the previous day’s close at 25,519.22 points.The Sensex touched a high of 25,757.84 points and a low of 25,413.54 points during the intra-day trade.The Sensex had closed the previous session on December 18, down 284.56 points or 1.10 percent, while the Nifty was lower by 82.40 points or 1.50 percent.”We saw a relief rally taking place today after Friday’s profit bookings. The rally was supported by value buying and clarity on the passage status of some major economic legislations,” Anand James, co-head, technical research desk with Geojit BNP Paribas Financial Services, told IANS.”The upcoming US GDP (gross domestic product) figures scheduled for tomorrow’s release will be on focus, being the first crucial data greeting markets after the FOMC (Federal Open Market Committee) decided to raise US benchmark rates.”Nitasha Shankar, vice president for research with YES Securities said that the Indian markets ended trade higher, amidst thin volumes suggesting a range bound movement for markets.”Further, broader markets gained in line with the headline indices. Market breadth favoured the bulls throughout the day with 1,795 advancing shares against 909 declining,” Shankar told IANS.”All major sectorial indices, barring the pharma index, ended in the green with gains of one percent and higher. Pharma index declined one percent led by a sharp fall in the Sun Pharma stock.”Besides equities, even the Indian rupee gained in the day’s trade. It strengthened by five paise at 66.35 to a US dollar from its previous close of 66.40 to a greenback.Both, the foreign and domestic institutional investors were net buyers in the day’s trade.According to data with stock exchanges, FIIs invested about Rs.37.37 crore, while DIIs bought stocks worth Rs.62.7 crore.Sector-wise, healthy buying was witnessed in banking, automobile, metal, information technology (IT) and FMCG (fast moving consumer goods) stocks.The S&P BSE banking index augmented by 270.70 points, automobile index gained by 153.54 points, metal index increased by 105.48 points, IT index rose by 102.39 points and FMCG index was higher by 97.64 points.On the other hand, healthcare and consumer durables scrip were trading in the red.The S&P BSE healthcare index receded by 86.69 points and consumer durables index declined by 77.73 points.Major Sensex gainers during Monday’s trade were ICICI Bank, up 3.24 percent at Rs.258.20; ONGC, up 3.16 percent at Rs.230.30; ITC, up 2.68 percent at Rs.325.75; Mahindra and Mahindra (M&M), up 2.64 percent at Rs.1,277.15; and Axis Bank, up 2.09 percent at Rs.441.45.The major Sensex losers were Sun Pharma, down 4.55 percent at Rs.754.45; Gail, down 0.97 percent at Rs.336.70; Hindustan Unilever, down 0.81 percent at Rs.852.10; and Asian Paint, down 0.66 percent at Rs.875.05.last_img read more

first_imgSaudi authorities said on Saturday the annual haj pilgrimage would continue despite a crane collapse that killed 107 people at Mecca’s Grand Mosque, where crowds returned to pray a day after the disaster.India’s Ministry of External Affairs said that there were two Indian women among the 107 people killed in the collapse. Around 15 Indian nationals were injured and were being treated in hospitals, said a statement posted on Twitter.Hundreds of thousands of pilgrims have already arrived in Mecca for the haj, one of the world’s largest religious gatherings which last year drew two million worshippers. Also Read – Punjab on alert after release of excess water from Bhakra damParts of the Grand Mosque, one of Islam’s holiest sites, remained sealed off Saturday around the remains of the red and white crane, accentuating the crush of humanity inside. Worshippers thronged the mosque as the midday call to prayer sounded, said sources.Indonesians and Indians were among those killed when the crane collapsed during a storm on what is the main weekly prayer day for Muslims. Around 200 others were injured.A Saudi official said this year’s haj, expected to start on September 21, would proceed despite the tragedy.“It definitely will not affect the haj this season and the affected part will probably be fixed in a few days,” said the official, who declined to be named.last_img read more

first_img Tuesday, August 1, 2017 MIAMI — Barceló México Reforma, Barceló Hotel Group’s new five-star flagship hotel and first urban property in Mexico, is now open in the heart of Mexico City.The 500-room property is located on the city’s iconic Paseo de la Reforma. One of Mexico City’s most dynamic destinations for shopping, culture, tourism, and business, Paseo de la Reforma has experienced a real estate boom in recent years thanks to the construction of large skyscrapers and the restoration of classic buildings.“With 21 hotels, we already have a strong presence in Mexico, but it has taken us some time to reach the capital,” says Juan Perez Sosa, Senior Vice President of Sales & Marketing in the U.S. “We are proud to establish our presence in Mexico City with such a superb hotel.”Barceló México Reforma has a buffet restaurant, a steakhouse, lobby bar, wellness offerings, a sports bar and lounge, and modern events facilities that can accommodate groups of up to 800 people. The hotel is geared to business, cultural and leisure travellers.More news:  Apply now for AQSC’s agent cruise rates“We’re using our classic Barceló brand principles for this new property,” said Sosa. “This will enable us to transform Barceló México Reforma into an example of quality and exclusiveness, where guests can enjoy exciting and unforgettable experiences.” Tags: Barceló Hotel Group, Mexico Posted by Travelweek Group center_img Barcelo’s first big-city hotel in Mexico opens its doors Share << Previous PostNext Post >>last_img read more