Cathay Pacific announced that it will be making around 600 people redundant in its head office. This is part of a transformation programme to make Cathay Pacific and Cathay Dragon more effective by improving the speed and quality of decision-making and putting a greater focus on its customers.
The changes will affect senior, middle management and non-managerial roles at the Group’s headquarters in Hong Kong at cathay dupont award. Around 190 management and 400 non-managerial roles will go, representing 25 per cent of management and 18 per cent of non-managerial positions respectively.
The majority of affected employees will be informed of changes or a cessation to their role today and over the next month, with most of the restructuring completed by the end of 2017. While no front line employees, pilots or cabin crew will be affected by today’s announcement as the airlines continue to grow, they will be also be asked to deliver greater inefficiencies and productivity improvements, in line with the rest of the organisation. Cathay Pacific will continue to invest in its front line capabilities to deliver high-quality products and services to its customers.
Rupert Hogg, Chief Executive Officer, Cathay Pacific, said: “We greatly appreciate and respect our people’s dedication, hard work and achievements. However, we have had to make tough but necessary decisions for the future of our business and our customers. Changes in people’s travel habits and what they expect from us, evolving competition and a challenging business outlook have created the need for significant change.
“Our immediate priority is to support our colleagues affected by today’s announcement, and I’d like to thank them for all they’ve done for Cathay Pacific. read cathay dupont award articles here
The upper Texas coast transforms into a massive avian frat house this time of year, with countless birds winging northward across the Gulf of Mexico from their Central and South American winter bungalows. That probably helps to explain why birders, nature photographers and naturalists outnumber sun worshipers on Galveston during the spring.
It’s also the reason why the FeatherFest Birding & Nature Festival, scheduled for April 6-9 and celebrating its 15th anniversary, has grown into one of the preeminent events of its kind in North America. Presented by the Galveston Island Nature Tourism Council, FeatherFest regularly attracts nature lovers from around the state and the nation intent on two things: spotting as many varieties of migratory birds as they can and soaking up the camaraderie of hanging out with hundreds of like-minded outdoorsy folks.
Experience this “causeway cure” where flip-flops replace dress shoes and the scenery at Galveston Capital Tourism and Marketing Review Singapore Texas, Jakarta, Singapore.
Stocks, bonds, bank accounts or IRAs? How do you choose?
With several types of investments to choose from and also thousands of sub-categories under them, finding the most suitable investment choice can be a daunting task.
First off, the main consideration in any long-term investing decision is the rate of return expected from it. At times though, investing in short-term investment can enhance your wealth even if the returns are not as high as you want them to be. You can select from among these common short-term savings vehicles:
Short-term savings vehicles
Bank savings account: The most resorted to savings medium availed of by people, which provides small returns but better than keeping your money at home where it could be stolen or spent easily.
Our company is partial to stocks as investment vehicles over the rest of the long-term choices since stocks have statistically provided the best rate of return in an investment. The most common long-term investing vehicles are as follows:
Long-term investing vehicles
Bonds: There are various forms of bonds. Also known as "fixed-income" securities, bonds generate a “fixed” or set income value each year when it is sold.
Stocks: Stocks allow an individual to own a portion of a company or business. A single stock share represents an investor’s proportional stake or share of ownership in a business.
Mutual funds: Mutual funds are vehicles which allow investors to combine their money to buy bonds, stocks, or any vehicle the fund manager considers viable.
Several special plans are intended to build retirement savings; and many of these plans permit an individual to transfer money directly from his or her paycheck prior to taxes. In support for this plan, companies sometimes match the amount transferred, or even a small portion of that amount, as their goodwill contribution to their employees’ future.
Individual retirement account (IRA): This type of plan lets you invest some money into a tax-deferred retirement fund – which means you will not be taxed unless withdrawals are made or before the fund matures.
Roth IRA: Unlike the previous IRA plan, this type of retirement account requires no tax payments up-front on contribution. Rather, it provides full exclusion from federal taxes when cash is withdrawn to purchase a first home or pay for retirement.
401(k): Employers provide this retirement savings vehicle, whose name is taken from the section of the Internal Revenue Code which allows it.
403(b): This is the nonprofit version of a 401(k) plan. Local and state governments also provide a 457 plan.
Keogh: A specialized form of IRA that serves simultaneously as a pension plan for a self-employed individual, who has the capacity to pay substantially higher contributions permitted for an IRA.
Simplified Employee Pension (SEP) plan: This is a special type of Keogh-individual retirement plan designed to allow small businesses to provide retirement plans (for their employees) that are slightly easier to manage compared to conventional pension plans. Either the employer or the employees can participate in a SEP.
Stocks deserve a closer look as they have been known in the past to offer higher returns compared to bonds and other vehicles. As mentioned, the investor becomes a part-owner of a company.
The most common type of stock is, as expected, the common stock. The common stock provides an ideal vehicle for most individuals, since anyone can participate – whether you are young, old, discriminating or easy-go-lucky. There is practically no restriction imposed against anyone who wants to buy a common stock.
Different types of stock
Sometimes, companies can opt to focus the voting privilege of a company to cover only a particular type of stock, limiting the majority of shares to only a select group of investors. As an example, a family business seeking to raise capital by selling equity might create a second type of a stock which they already control and has, for instance, 10 votes for each share, while they release to others another type of stock that allows only a single vote per share.
Direct chartered at affordable prices! Airport transfer fixed taxi
Shiga - Itami · Kanagawa · Centrair Please leave pickups! Easy by smart delivery!
Approximately 21% more than others! Even in the daytime and early morning, the cheapest thing in Shiga is MK taxi.
Please also try relaxed Estima HV.
077- 526 -4141 (Yoiyoi)
We apologize for any inconvenience as we make a mistake.
Charges for charter sightseeing
Why not check out historic Komei Road? Recommended for entertaining and private.
* Reserved reservation is required for private use.
We apologize for any inconvenience as we make a mistake.
A convenient way of riding a MK taxi
MK smart car delivery
Easy order from Sumaho App! Because you do not need to talk, you can order from the conference or from the train.
Automatic reception! Yobaru-kun
Your home / shops etc. "From now to the usual place 1 unit"! Because it is an automatic response, it also connects when call center is crowded.
It is convenient without looking for MK taxi!
From Mt. Ishiyama Station and Kusatsu Station, please use MK only.
Cyber crooks can use computers to make multiple attempts to get confidential data without their illicit efforts being discovered
Fraudsters can take as little as six seconds to guess the details needed to hack a Visa debit or credit card, research has found.
Experts from Newcastle University said it was "frighteningly easy" to do with a laptop and an internet connection.
The hackers use a so-called Distributed Guessing Attack to get around the online security features.
It may have been the method used in the recent Tesco Bank hacking scam, which affected 9,000 customers and cost £2.5m.
The researchers found even if the cyber criminals made multiple - and unsuccessful - attempts to get payment card data, their efforts would not be detected.
It meant the scammers could systematically fire up different variations of security data at hundreds of websites simultaneously and, within seconds, the criminals could use a process of elimination to verify, via computer, the correct details of a card.
PhD student Mohammed Ali said: "This sort of attack exploits two weaknesses that, on their own are not too severe, but, when used together, present a serious risk to the whole payment system.
"Firstly, the current online payment system does not detect multiple invalid payment requests from different websites.
"This allows unlimited guesses on each card data field, using up to the allowed number of attempts - typically 10 or 20 guesses - on each website.
"Secondly, different websites ask for different variations in the card data fields to validate an online purchase. This means it's quite easy to build up the information and piece it together like a jigsaw.
"The unlimited guesses, when combined with the variations in the payment data fields make it frighteningly easy for attackers to generate all the card details one field at a time.
"So even starting with no details at all other than the first six digits - which tell you the bank and card type and so are the same for every card from a single provider - a hacker can obtain the three essential pieces of information to make an online purchase within as little as six seconds."
Responding to the study findings, Visa said: "The research does not take into account the multiple layers of fraud prevention that exist within the payments system, each of which must be met in order to make a transaction possible in the real world.
"Visa is committed to keeping fraud at low levels and works closely with card issuers and acquirers to make it very difficult to obtain and use cardholder data illegally.
"For consumers, the most important thing to remember is that if their card number is used fraudulently, the cardholder is protected from liability."
The study was published in the academic journal IEEE Security & Privacy.
Art gallery, without a doubt, plays an important role in the art industry. Many people do not possess in-depth knowledge on the role of art galleries in our society. Here is an overview of what an art gallery is and its importance in our society.
Art gallery offers a striking place where visitors can view and appreciate art. Various forms of visual arts are displayed such as paintings, sculptures, relics, pottery, jewelries with historical values and much more. Art galleries display art works to promote art and artists as well as to help and guide buyers in selecting art works that will suit their art preferences. A certain type of art gallery like Hawkfield Gallery offers a special type of service to their clients – to help them hunt art works that interest them and even help them bid at auction houses.
For those who are curious on the value of the artworks they possess, Hawkfield Gallery and its fine art consultants provides professional advice on how to appraise fine artworks, antiques and collectible items. Hawkfield Gallery gained experience and expertise in determining the value and quality of artworks by visiting auctions houses and antique shops. They use a sales comparison approach to value an artwork - comparing it to similar artworks recently sold or currently for sale on the marketplace. They also welcome artists to present their artworks and to help them determine its fair market value. Visit the gallery’s website to know more about their services and the list of artists they represent.
Art Consignment Agreement
Most art galleries work with artists on a consignment basis. Consignment is when you lend your artwork on the gallery and the gallery agrees to sell your artwork for a commission percentage. In some cases, engaging in a consignment agreement comes with a lot of risks as it may cause financial or ownership trouble down the road. Make sure to choose the right and trusted gallery that will represent your artwork. Hawkfield Gallery has gained an established reputation in the marketplace that will make you want to trust the gallery and its owner.