Category:Mike Smith (Wikinewsie)
These are Wikinews articles where Chandlerjoeyross (Mike Smith) is the main contributor.
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These are Wikinews articles where Chandlerjoeyross (Mike Smith) is the main contributor.
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Thursday, July 3, 2014
Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.
Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).
Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.
In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”
An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.
Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.
Tuesday, February 15, 2005
Dublin – Yahoo!, the internet portal, today announced it has chosen Dublin, Ireland as the location of its European Headquarters. Ireland beat off stiff competition from other European countries to win the investment. The move is expected to create over 400 jobs – two thirds of which are expected to be for graduates with skills in information technology, financial services, customer support and website editorial.
Earlier in the month, Ireland lost a potentially multi-billion euro investment by Dell for a new manufacturing facility to Scotland. This was a huge disappointment for IDA Ireland – the countries main development agency – which had offered heavy incentives to the US computer maker. This brought about fears that Ireland had lost its ability to attract high-value investments from foreign multinationals – the driving force of Ireland’s Celtic Tiger economy.
Speaking about the investment, the Irish Minister for Enterprise, Trade and Employment, Micheál Martin, said winning the Yahoo project was a “truly outstanding achievement for Ireland”. Yahoo’s Senior Vice President International, John Marcom, said the decision to locate its European operations headquarters in Ireland was influenced by a “number of factors” which included “the calibre and volume of graduates available in Ireland, the up to date cost competitive telecommunications and data centre infrastructure, and the assistance of IDA Ireland.”
Yahoo is one of the world’s largest internet companies. Its decision to locate in Ireland confirms Dublin’s continued attractiveness to internet and technology companies – Google, Bell Labs, eBay, Microsoft, Amazon and Oracle all have significant Irish operations.
Saturday, March 14, 2015
This weekend saw the opening of two new exhibitions at Edinburgh’s National Gallery of Modern Art. Wikinews attended Thursday’s press preview for the event where a full contingent of the capital’s press turned out to see the striking collection of paintings, photographs, and other works. Presented below are a selection of images captured at the preview.
REFLECTIONS: A Series of Changing Displays of Contemporary Art, billed as a showcase of a “diverse range of internationally-renowned contemporary and modern artists” is to display major works from the Gallery’s permanent collection, alongside important loans. Alongside this broad range of works, a three-room display of pieces on-loan from the Roy Lichtenstein Foundation — with a dramatic painted steel relief, ‘borrowed’ from the Tate in London — runs from March 14 through to January 10 next year.
Admission to both exhibitions is free; being located in Dean, to the north-west of Edinburgh’s city centre, a free Gallery bus service is available.
Friday, September 7, 2012
London, England — On Wednesday, Wikinews interviewed Duncan Campbell, one of the creators of wheelchair rugby.
((Laura Hale)) You’re Duncan Campbell, and you’re the founder of…
((Laura Hale)) And you’re from Canada, eh?
((Laura Hale)) Winnipeg?
((Laura Hale)) You cheer for — what’s that NHL team?
((Laura Hale)) What sort of Canadian are you?
((Laura Hale)) I don’t know anything about ice hockey. I’m a Chicago Blackhawks fan.
((Hawkeye7)) Twenty five years ago…
((Laura Hale)) They said twenty five in the stadium…
((Hawkeye7)) So it was 1977.
((Laura Hale)) You look very young.
((Hawkeye7)) So how did you invent the sport?
((Hawkeye7)) So all wheelchair rugby players are quadriplegics?
((Laura Hale)) When did the classification system for wheelchair rugby kick in?
((Hawkeye7)) Was that copied off wheelchair basketball?
((Laura Hale)) I assume you’re barracking for Canada. Have they had any classification issues? That made you
((Laura Hale)) Do you think the countries that have better classifiers… as someone with an Australian perspective they’re really good at classification, and don’t get theirs overturned, whereas the Americans by comparison have had a number of classification challenges coming in to these games that they’ve lost. Do you think that having better classifiers makes a team better able to compete at an international level?
((Laura Hale)) When you started in 1977, I’ve seen pictures of the early wheelchairs. I assume that you were playing in your day chair?
((Laura Hale)) When did you retire?
((Laura Hale)) When did you get your first rugby wheelchair?
((Laura Hale)) Were you involved in creating a special chair, as Canadians were pushing the boundaries and creating the sport?
((Hawkeye7)) I’d noticed that in wheelchair basketball the low point player actually gets more court time…
((Laura Hale)) Because we know you are going soon, the all-important question: can Canada beat the Australians tonight?
((Laura Hale)) Because Australians love to gamble, what’s your line on Canada?
((Hawkeye7)) Is your colour commentary for the Canadian broadcast?
((Laura Hale)) Are you happy with the level of coverage the Canadians are providing your sport?
((Laura Hale)) Thank you for an honest answer.
((Laura Hale)) Yeah! Go ahead!
((Hawkeye7)) It’s better than the US.
((Laura Hale)) I have one last question: what did it mean for you when they had a Canadian flag bearer who was a wheelchair rugby player?
((Laura Hale)) Thank you!
((Hawkeye7)) Thank you! Much appreciated.
Saturday, March 15, 2008
There were 5 games played in the National Hockey League on March 14, 2008.
Thursday, August 4, 2011
Yani Tseng made golf history by winning the 2011 Ricoh Women’s British Open championship at the legendary Scottish Carnoustie Golf Links on Sunday. At the age of 22 years and 6 months she is the youngest professional golfer of either gender to earn five major titles. Her final round of 69 allowed her to overcome a two shot deficit to third round leader Caroline Masson of Germany and finish with a four shot cushion over runner-up Brittany Lang of USA.
The Ricoh Women’s British Open is one of four designated major championships on the LPGA Tour and the final such tournament on the 2011 schedule.
Monday, December 31, 2012
The Islamic Republic of Iran says it is conducting naval drills in the Strait of Hormuz. According to the Iranian navy’s Habibollah Sayyari, the “Velayat 91” drills — to be held for a six day period ending on Wednesday — are intended to showcase “the armed forces’ military capabilities.”
Iran’s state-run media reports that the Iranian government warns all ships to stay away until the end of the exercises. According to this report the drills — which began on Friday — are to be conducted over roughly half a million square miles (a million square kilometers) of waters stretching from the Strait of Hormuz to the northern part of the Indian Ocean which includes the Gulf of Oman.
The Strait of Hormuz is a major shipping route of great strategic importance. According to the U.S. Energy Information Administration, 17 million barrels of oil passes through this part of the Persian Gulf per day. That is nearly 20% of the worldwide oil trade and about 35% of oil transported by sea.
This is only one in a series of major naval drills held by Iran in the Strait of Hormuz. Ten days of drills, “Velayat 90”, was conducted last December and “Velayat 89” a year and a half before that in May 2010. Four months ago, the United States with some of its allies also conducted a series of exercises and naval drills, concerned with keeping the strait open. Iran has said it might close the strait if its nuclear program were attacked.