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European Assets Trust - High income and improving performance

European Assets Trust - High income and improving performance
European Assets Trust (EAT) seeks to generate long-term capital growth by investing in a concentrated but diverse portfolio of small and medium-sized European companies. The trust has adopted a high distribution policy that pays a dividend of 6% of NAV as at the end of the preceding financial year. Managers Sam Cosh and Lucy Morris used the Q120 market sell-off to improve the quality of the portfolio and these changes are having a favourable impact on EAT s performance. In the six months to end-January 2021, EAT made positive absolute gains, returning 23.7% in NAV terms, and outperformed the benchmark, which returned 22.2%. The trust has consistently outperformed the UK market over the past 10 years. ....

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Vehicle Imports to be reviewed end of the year - CBSL clarifies conversion of export proceeds

Thursday, 25 February 2021 - 20:04
State Minister Ajith Nivard Cabraal states that a follow up and review will be carried out at the end of this year regarding the resumption of vehicle imports.
He stated this at a media briefing held at the Ministry of Finance today. Attygalle also commented.
Meanwhile CBSL stated the reasons for the Repatriation and Conversion of Export Proceeds stating why were these measures needed?
On 18 February 2021, the Monetary Board issued Rules in respect of repatriation of export proceeds into Sri Lanka and conversion of such proceeds into Sri Lanka rupees, and also issued Operating Instructions to Licensed Banks on the same. ....

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Northland news in brief: Speakers for Race Relations Day forum; and missing man found safe

Northland news in brief: Speakers for Race Relations Day forum; and missing man found safe
25 Feb, 2021 04:00 PM
3 minutes to read
Former New Plymouth mayor and Māori wards campaigner Andrew Judd will be one of the guest speakers at a Race Relations Day forum in Whangārei.
Northern Advocate
Three guest speakers have been lined up for the Race Relations Day forum in Whangārei.
The event will take place between noon and 2.15pm at the Cafler Room, Forum North, on March 22.
Speakers will be Sue-Ann Moo, a Singapore-trained lawyer passionate about improving access to injustice and bridging the gap between cultures, Ngāti Wai kaumatua Hori Parata, and former New Plymouth mayor Andrew Judd, a campaigner for Māori wards in local government and writer of the essay Pākehā Nation 2021. ....

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inConcert Commended by Frost & Sullivan for Enhancing Customer Service with its End-to-End Omnichannel Contact Center Solution

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The diversity of its solutions, customer focus, and deep customization help it fill the white spaces in the market and expand in diverse industries
LONDON, Feb. 24, 2021 /PRNewswire/ Based on its recent analysis of the European Contact Center-as-a-Service (CCaaS) market, Frost & Sullivan recognizes inConcert with the 2020 European Enabling Technology Leadership Award. Its keen understanding of market dynamics, customer demands, and industry Mega Trends has helped the company design a remarkable product portfolio and position itself as an industry challenger. Its inConcert Omnichannel Contact Center solution has steadily gained traction in the market by helping businesses enhance their customer service capabilities, reduce costs, and energize business operations. ....

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NASA's Electric Planes to Arrive Soon! Space Agency Wants to Focus on Improving EAP System

(Photo : (Photo by Joe Raedle /Getty Images) (Photo by Joe Raedle/Getty Images))
A helicopter provides security for the NASA astronauts as they are driven in in their AstroVan to the space shuttle Discovery on launch pad 39A at the Kennedy Space Center as they prepare for lift off May 31, 2008 in Cape Canaveral, Florida. The Space Shuttle will be carrying the main unit of Japan s Kibo science lab to the International Space Station.
According to Yahoo Finance s latest report, NASA wants to focus on enhancing the modeling tools for future planes that use an EPA system or Electrified Aircraft Propulsion system. The space agency also said that it will soon advance future EAP aircraft design. ....

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