Higuain nets two as Juventus go nine clear

first_img FANTASTIC ASSIST MILAN (AP): Gonzalo Higuain is coming back into form at just the right time for Juventus. Higuain hadn’t scored for five matches before netting two against former club Napoli midweek as Juventus progressed to the Italian Cup final. And the forward netted another double to fire the Bianconeri past Chievo Verona 2-0 in Serie A yesterday. Juventus moved nine points clear of second-placed Roma, who visit Bologna today. Massimiliano Allegri will be hoping HiguaÌn can make it three out of three when Juventus host Barcelona in the first leg of the Champions League quarter-finals on Tuesday. “It will be a very difficult match in the Champions League. We’re facing a really great team, but we have to remain calm and get to it in top condition,” Higuain said. “As we respect them, they respect us, too.” He broke the deadlock in the 23rd minute, thanks to a fantastic assist from Paulo Dybala, who skipped down the right flank before pulling back for his teammate to fire into the far bottom corner. He had other chances to score before he finally got his second, six minutes from time, after more good work from Dybala in picking out Stephan Lichtsteiner, who crossed for HiguaÌn to control and curl into the bottom right corner. It was Juventus captain Gianluigi Buffon’s 616th Serie A appearance, moving him to second on the all-time list behind Paolo Maldini, who retired after 647. Other results: Atalanta 1 Sassuolo 1; Empoli 1 Pescara 1.last_img read more

Feroz Shah Kotla gets Delhi High Court’s nod to host World T20 matches

first_imgDDCA will hold matches of the upcoming T20 world cup under the supervision of Justice (Retd) Mukul Mudgal whose intervention has helped resolving several contentious issues between the cricket body and others, Delhi High Court said on Monday.The High Court, however, made it clear that South Delhi Municipal Corporation (SDMC) will grant occupancy certificate to DDCA for conducting the T20 matches only if the cricketing body gets all requisite clearances from concerned authorities.A bench of justices S Muralidhar and Vibhu Bakhru said, “We will continue with the same arrangement under Justice Mudgal. Without Justice Mudgal, nothing would have been done and you all would have kept fighting with each other.”Considering that there will be at least seven matches as part of the world T20 which will be held at the Ferozshah Kotla stadium, we request Justice Mudgal to oversee the matches in terms of the court’s order dated November 18 and December 18 last year,” the bench added.It also asked Mudgal to ensure that functioning of Delhi and District Cricket Association (DDCA) be streamlined. “Without Justice Mudgal, the present improvement would not have been possible,” it said and asked DDCA to cooperate with him to ensure that his recommendations made earlier to the court were followed.The bench also asked Justice Mudgal to file a compliance report on March 3, ahead of the ICC T20 World Cup 2016 matches scheduled to begin from March 8.The court’s direction came on the plea of DDCA, which had moved the court against denial of permission by SMCD to hold match.advertisementThe High Court on November 18 last year had paved the way for DDCA to hold the fourth India-South Africa Test match and appointed Mudgal to oversee the affairs of the match. It had asked DDCA to get completion certificate from SDMC by March 31 to hold matches in furture.It had then asked him to submit his report with regard to the status of obtaining requisite clearances or other compliances before March 31.During the hearing, advocate Nitin Mishra submitted the status report prepared by Justice Mudgal on the steps taken by DDCA towards obtaining the clearances.Advocate Sangram Patnaik, appearing for DDCA, submitted that they had received most of the clearances from the concerned authorities and would get the remaining certificates within a week so that they can hold T20 World Cup matches.In the report, Justice Mudgal said that SDMC had pointed out 60 deviations from the original plan and DDCA had rectified a major portion of them while some of the issues were in the final stages of rectification.”DDCA has given an assurance that occupancy certificate from SDMC will be issued in another week,” it said.The report said that no objection certificates had been issued by Delhi Fire Services, electrical inspector and L&DO while the required certificate for structural engineering design has also been issued.Regarding the DUAC’s certificate, the report said that public art work had been initiated and its contract had been awarded to an artist recommended by the commission.”Work is in progress and NoC will be issued as soon as DDCA intimates to DUAC that the art work has been completed.”DUAC has also issued a letter dated February 5, 2016, stating the same,” the report said.It said that DDCA has also initiated the process of seeking temporary permissions from concerned departments for conducting the T20 matches and as per the assurances, the same would be granted before the World Cup matches.”DDCA is taking earnest steps for seeking permanent clearances/permissions from various departments and had assured that the permissions would be granted within a week,” the report said.The issue dates back to 2011 when DDCA filed a petition challenging a property tax assessment made by the MCD with regard to the stadium. The matter is still pending in the High Court.Thereafter, prior to holding a match at the stadium, the DDCA would move an application for provisional occupancy certificate as it did not have a completion certificate from MCD, for which an updated property tax return is also required besides no-objection certificates from various agencies.last_img read more

Cygnus Credit Rating Outlook Revised to Negative

first_imgFinancial credit rating agency Standard & Poor’s has revised Cygnus Business Media’s credit rating outlook from stable to negative because of concerns over Cygnus’ significant debt due in 2009.According to S&P, the new rating—a “CCC+”—reflects several financial factors, including Cygnus’ limited liquidity, high debt leverage, small EBITDA base and what it calls “difficult business fundamentals.” In a release, S&P called Cygnus’ margin of compliance with covenants “very thin,” and said they will be a significant hurdle for the company moving forward. For the first quarter, Cygnus’ revenues were down 1.5 percent while EBITDA was flat, S&P said, although it didn’t offer specific figures. After adjusting for closed publications and timing shifts, revenue was up 3.4 percent and EBITDA was up 5 percent.A S&P analyst was not immediately available for comment. A key challenge for Cygnus, according to S&P, will be refinancing its $157 million in debt that’s due next year, including its senior secured term loan that matures July 13, 2009.”The main reason for the outlook change is that the majority of the company’s debt is maturing next year,” a Cygnus spokesperson wrote in an e-mail to FOLIO:. “Adjusting the outlook is commonly done by the rating agencies until they get a clear view of what a company will do with the maturing debt. Obviously, we are aware of it. At the appropriate time the company will evaluate its options and we are confident in a successful outcome.”The revised credit rating comes as the ABRY-owned b-to-b publisher is exploring a possible sale. Cygnus co-CEOs Carr Davis and Tony O’Brien said in an interview with FOLIO: last week that Cygnus has been approached with inquiries, and carefully described the potential divestment as “a process.” During the interview, Davis said Cygnus increased e-media revenue by 60 percent from 2006 to 2007, and from 4.5 percent of total revenue in 2006 to 10 percent of total revenue in 2007.Cygnus went on the block in 2006 but subsequently pulled off the market that year.Earlier this year, S&P revised its outlook of Hanley Wood from stable to negative, citing the soft housing market and “weaker than expected” 2007 operating results.last_img read more

Citigroup Is Testing Its Own Bitcoin Citicoin

first_imgJuly 7, 2015 This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. The day has come: Banks can’t ignore Bitcoin anymore. Not even the biggest of the big.First up is Citigroup, the New York City-based global banking giant recently revealed to the International Business Times that it is developing its own version of Bitcoin. Predictably branded ‘Citicoin,’ the virtual currency was coded by Citigroup’s research and design arm, Citi Innovation. Still in the early testing phase, a patent has not been filed for the mainly open-source cryptocurrency, which is based off of Bitcoin and its core blockchain ledger technology, a chronological public ledger of all Bitcoin transactions that have ever taken place. This approach will allow for less complicated and less costly cross-border payments and other transactions.    Related: Why Billionaire Investor Reid Hoffman Is Betting Big on BitcoinCitigroup, which has eyed distributed ledger tech over “the last few years,” also admitted to the Times that it has developed three internal blockchains to test its fledgling digital coins on. While the company’s inaugural foray into virtual currency is promising — and certainly a pioneering move within the traditional financial services industry — it’s still a ways away from being the real deal.“They [Citigroup’s blockchains] are all within the labs just now, so there is no real money passing through these systems yet,” Ken Moore, head of Citi Innovation Labs, told the Times. “They are at a pre-production level, to be clear.”Related: Is Bitcoin Speculative Foolery or a Financial Services Breakthrough?So far, the focus of Citigroup’s digital currency system has been on cross-border payments, with trade likely up next, Moore said.He described Citicoin, as “an equivalent to Bitcoin,” and said it’s “up and running” within company labs in an effort to give Citigroup a head start. “It’s in the labs, but it’s to make sure we are at the leading edge of this technology and that we can exploit the opportunities within it.”Citigroup has thrown down the virtual gauntlet. Which big bank is up next?Related: ‘Days Felt Like Years’: What Morgan Spurlock Found When He Tried to Survive on Bitcoin for a Week Enroll Now for Freecenter_img 2 min read Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Nowlast_img read more

3 Reasons Tech Workers Are Fleeing Silicon Valley

first_img This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. The San Francisco Bay area is a popular place to call home, with its thriving industry and reputation as one of the happiest and healthiest places to live in the country. Yet a new report reveals that residents are leaving the Silicon Valley for more affordable places. Many of these departing residents are American-born technology professionals, who take their knowledge and expertise to other markets. While San Francisco and the Valley have no shortage of talented newcomers, the increase in workers looking for jobs in other areas has left many wondering what the region needs to change to keep them.The fact is it’s just too hard to live in the world’s center of technological innovation, so thousands of professionals are getting out. Here are a few of the biggest reasons why.Not enough affordable housing.Much has been written about housing shortages in San Francisco and Silicon Valley, and it doesn’t look like the situation will greatly improve soon. Despite a bit of a tech contraction, unemployment is miniscule and hundreds of jobs are added each month to a region with an already severely limited housing supply. As a result, home prices are at all-time highs and furnished apartment rentals average nearly $3,500 a month for a unit in a moderately-priced part of San Francisco.For a young professional trying to start a family while launching a career, the high cost of living can make Silicon Valley an impossibility. There are some signs that this is getting slightly better. Facebook recently offered employees $10,000 to live closer to its Menlo Park headquarters. Mountain View recently voted in several pro-growth candidates and gave its thumbs up to building more than 10,000 new units of high density housing. San Francisco now has a record 62,000 housing units in its pipeline (although many are luxury units). All of this sounds good but probably won’t change the housing ecosystem all that much for several more years. It’s a rough environment for young entrepreneurs who are often told they must be in the Valley to be near the money and talent needed to launch and scale companies.Professionals can instead choose to relocate to Austin, Seattle and similar cities that have thriving tech industries. A similarly-sized furnished apartment in Austin costs only $1,300 a month, rising to just over $1,900 a month if professionals want to live in more expensive parts of town. This is in addition to less expensive utilities, groceries, restaurant prices and transportation.Related: 6 Global Alternative Cities to Silicon Valley to Start Your CompanyFamily life.San Francisco has an exciting nightlife, shopping and culture. All of these are things that appeal to young, single professionals as they begin their careers, as well as older single people who don’t plan on having children. However, families more often choose to live outside of the city, as proven by a 2012 report that San Francisco had the lowest percentage of children of any major metropolitan area. Finding a home suitable to raising children is one challenge, as is the cost of those homes. According to the Mayor’s Office of Housing, the percentage of children in the highest and lowest income brackets has grown, while middle-class families appear to to be raising their families elsewhere. Oakland and other East Bay locations have often been the immediate recipient of this migration.Tech hubs further afield are reaping the benefit of this migration as well. When it’s time to raise a family, Durham, North Carolina, and Huntsville, Alabama are both considered among the top cities for technology jobs and both have significantly lower costs of living than Silicon Valley. As professionals research opportunities in other areas of the U.S., they factor in the quality of schools, cost of homes and proximity of those homes to the areas where they’ll be working.Related: How to Launch a Thriving Startup Without the Silicon Valley HassleLess competition for jobs.All of the cost-of-living and lifestyle factors aside, one of the biggest benefits of leaving Silicon Valley for other tech hubs relates to the big fish, small pond theory. So much competition exists in Silicon Valley, it is difficult to stand out. In a smaller city with newer businesses, however, a Silicon Valley native may rise to the top of a pile of resumes, especially for those who choose cities that are considered emerging tech hubs, such as Denver or Miami.Related: 7 Surprising Ways Atlanta Competes With Silicon ValleyFor professionals interested in launching a new startup, these markets are especially attractive. Instead of toiling alongside the hundreds of other innovative new businesses scattered around Silicon Valley, entrepreneurs can launch their ideas in an area where there are fewer startups. Resources may not be stretched as thin in these areas, making it potentially easier for them to quickly scale their new businesses.Silicon Valley is an exceptional place to build a career, but it presents difficult challenges for even the toughest worker. However, with so many up-and-coming tech hubs in the U.S. and across the globe, professionals are realizing they are not limited to one region to be successful. As American-born tech workers leave the Valley faster than they arrive, this net loss is turning into gain for dozens of other regions. Ultimately, this is a good sign for the health of technology in the U.S. as a whole.  Opinions expressed by Entrepreneur contributors are their own. March 22, 2016 5 min read Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now Enroll Now for Freelast_img read more

Check Out This Video of Apples New Futuristic Campus Shot by a

first_imgJanuary 31, 2017 Register Now » Growing a business sometimes requires thinking outside the box. 1 min readcenter_img There’s been drawn-out hype over Apple’s “Campus 2.” People are excited for the final result — and they can get a pretty good taste of what’s to come with a recently released video shot by a 4K drone.Despite some damage from poor weather, much outdoor lighting has been installed, as well as a fitness center, a meadow, parking garages and a transit tunnel.Related: How Squarespace Designed a Sophisticated Headquarters Where Grownups Get Things DoneUnfortunately, most of the auditorium is still covered so the inside of the building remains a mystery. The solar roof appears to be 70 percent complete, and parking garages and transit tunnels seem to be in place.Check out the video below for a preview of the new futuristic campus. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Globallast_img read more

STAR PREVIEW PGA Valero Texas Open

first_imgIn the last stop on the PGA Tour before The Masters, The Valero Texas Open is the third oldest event on the PGA Tour calendar, having been held since 1922. The event has been hosted by TPC San Antonio since 2010. The course itself was designed by Greg Norman and is seven thousand four hundred yard par 72 tree lined monster. As well as the huge Oak trees peppered throughout the property, the famous Texas winds can bring many a round unstuck.A number of the bigger names on tour have skipped this event, choosing instead to conserve their energies for Augusta next week. That means there are real opportunities for some lesser lights on tour to make a name for themselves this week and grab that last Masters spot that the winner of this event gets. With that in mind here are three lesser known players Blue Horseshoe loves to get up at some great each way odds.Ollie Schniederjans – Currently 80-1 with starsports.betSchniederjans is easy to spot, he’s one of the few golfers on the PGA Tour who doesn’t wear a cap. He is also easy to spot by the length of his drives. The capless one is currently ranked tenth in driving distance. That means he hits it a country mile. Schniederjans has been in contention a number of times this year against some very classy fields. With many of those players missing this week if Schniederjans can be near the top of the leader board come the weekend he stands every chance of finishing the job.Sam Burns – Currently 100-1 with starsports.betThis is another rising star, playing his first year on the tour. Burns ranks in the top twenty in driving distance and in the top thirty in shots gained putting. After a slow start to the season Burns has been steadily climbing the leader boards over the last couple of events. If he can keep his long drives accurate this could be just the sort of event where the talented Mr. Burns could spring a big surprise, or at least finish at the sharp end of the leader board for a great each way result.Lucas Bjerregaard – Currently 45-1 with starsports.betAfter a quite amazing display of golf last week at the WGC Match Play Championships in Austin, the Big Dane is in excellent form and must take a huge amount of confidence to the Texas Open after rolling some of the biggest names in golf, including a guy called Tiger Woods, to finish fourth of the sixty four best players in the world. Golf is a confidence game and this guy is in the zone. Here is a great shot to carry on his form and do very well in the same state and in similar conditions.RECOMMENDED BETS (scale of 1-100 points)BACK OLLIE SCHNIEDERJANS 1 point ew (1/5th odds top 6) at 80/1 with starsports.betBACK SAM BURNS 1 point ew (1/5th odds top 6) at 100/1 with starsports.betBACK LUCAS BJERREGAARD 1 point ew (1/5th odds top 6) at 45/1 with starsports.betPROFIT/LOSS SINCE JAN 1 2017: PROFIT 265.96 points(excluding Premier League ante-post and BREXIT bet)last_img read more