Norway wealth fund develops software program to analyze climate investment risk

first_imgNorway wealth fund develops software program to analyze climate investment risk FacebookTwitterLinkedInEmailPrint分享Reuters:Norway’s $975 billion wealth fund, the world’s largest, wants to know how much of a company’s carbon dioxide emission costs can be passed on to customers. The fund holds 1.4 percent of all globally listed shares, representing 9,000 companies, so a lot is at stake for the fund as it considers how to allocate investments amid rising climate-related costs.Norges Bank Investment Management is turning to data analytics, building a software tool that can help guide the process. Called Angle, the software can now take non-financial data, such as carbon dioxide emissions, combine it with trading data and earnings data of a given company, and see how it will affect its earnings in the years ahead. The next step, which has not been disclosed before, is to develop the platform to see how much of the carbon cost can be passed on to customers and how much companies must pay themselves.“For us, it is reasonably obvious that the focus on climate change risk will not go away and that is there as a risk for the companies (we invest in), whether directly or indirectly,” fund CEO Yngve Slyngstad said in an interview. “Therefore, there is an issue about the pricing of different companies,” he told Reuters, adding that the latest development of the software was not yet completed. “There is more work to be done on it,” he said.The work began when the fund was mandated by the Norwegian Parliament to divest from companies that derive 30 percent of more of its business or activities from thermal coal in 2015.Other institutional investors are also pushing companies to disclose the data they need to assess the climate-change risk to their investments. “The Norwegian sovereign wealth fund is one of the leading institutional investors when it comes to the analysis of climate risk,” Stephanie Pfeifer, chief executive of the institutional investors group on climate change, a group of 163 pension funds and asset managers representing over 21 trillion euros ($23.8 trillion) in assets.More: Norway wealth fund builds tool to analyse climate risk to portfoliolast_img read more

Read more

People moves: L&G appoints Kingfisher’s Courtier to lead trust

first_imgAFM – Bart Koolstra has temporarily stepped down as member of the supervisory board (RvT) of Dutch supervisory body Authority Financial Markets (AFM). He cited recent publicity about an AFM monitoring dossier on company Eriks in 2009. As a senior partner of accounting firm PwC, Koolstra was involved in the dossier at the time. Koolstra said he made his decision to avoid the impression of a conflict of interest. Recently, Dutch news daily NRC suggested that Eriks had been involved in corruption in the Middle East – its parent company declined to comment. Koolstra left PwC in 2013 and joined the AFM’s RvT in 2015.Aon Hewitt – Tim Gardener has joined the UK consultant as a partner. He joins from AXA Investment Managers where he was global head of the institutional client group. During more than six years at AXA IM Gardener oversaw consultant relations and was involved in the establishment of the asset manager’s smart beta products. He also spent 24 years at Mercer, latterly as global CIO.Actiam – The €60bn asset manager Actiam named Dudley Keiller as chief transformation officer (CTO) on its executive board. He will be tasked with rolling out Actiam’s new strategy focused on international growth based on responsible investmentment. Keiller joins from NN IP/ING IM, where he was subsequently global controller and CFO. As of 1 March, Actiam’s executive team is to also comprise Hans van Houwelingen (CEO) and John Shen (CRO). The asset manager is still searching for a CIO to join the executive team.Bank of England – The Prudential Regulation Authority (PRA) has been brought within the single legal entity of the Bank of England with effect from 1 March. As a result, the PRA’s most important supervisory and policy decisions will be made by a new Bank of England Prudential Regulation Committee (PRC), which replaces the PRA Board. Ben Broadbent, the deputy governor of the Bank of England, has been appointed to the PRC, and all external members of the PRA Board have been re-appointed to the PRC. The changes were made under financial reform legislation from last year.Robeco – Peter Walsh has been named head of the Netherlands-based asset manager’s UK business. He will lead sales and marketing for Robeco’s UK office and have oversight for its operational management. He has worked at Robeco since 2014 as global head of consultant relations. Prior to joining the firm he was director of distribution at Treasury Group Limited.Schroders – The FTSE100 listed asset manager has hired Chris Paine from Henderson Global Investors to its multi-asset team. In his new role, he joins Schroders’ global income portfolio management team and will contribute to its research, security selection, asset allocation, and portfolio construction.BTIG – The US-based fund manager has appointed John Agnew as managing director of fixed income credit trading. He was previously senior managing director for high yield securities at Guggenheim Partners. His colleague at Guggenheim, Drew Hall, has also joined BTIG as managing director of fixed income credit sales. Finally, Evan Jones has moved from Jefferies to become BTIG’s managing director of fixed income credit strategy. The trio are based in New York.Spence Johnson – The UK consultant has appointed Magnus Spence as chief executive. He was previously managing director, and co-founded the company in 2008. The group has also promoted Nigel Birch and Will Mayne to managing director roles. Birch was previously deputy managing director. He leads the client management team. Mayne was previously a director, and leads on the creation of “data and intelligence content”.Pensions Management Institute – Prominent UK politician and pensions campaigner Frank Field was presented with an “outstanding contribution” award by the Pensions Management Institute this week. Field chairs the Work and Pensions Committee, a group of members of the UK parliament’s lower house. The committee was influential in the settlement of the BHS pensions case as well as contributing significantly to the government’s defined benefit reform proposals. L&G Mastertrust, Kingfisher, AFM, Aon Hewitt, Actiam, Bank of England, Robeco, Schroders, Henderson, BTIG, Guggenheim, Spence Johnson, PMILegal & General (L&G) – Dermot Courtier, head of group pensions at Kingfisher, has been named as chairman of the £2.9bn (€3.4bn) Legal & General Mastertrust, the insurance and pensions provider’s multi-employer defined contribution (DC) offering. He will also chair L&G’s independent governance committee, the trustee board of the master trust and L&G’s other DC offerings.Courtier will remain in his role at Kingfisher, which owns UK store chains including B&Q and Screwfix. He has helped the company’s £3.5bn defined benefit pension fund deploy a derisking strategy – including a medically underwritten buy-in with L&G last year. Kingfisher also has a £230m defined contribution scheme.Emma Douglas, head of DC at Legal & General Investment Management, said Courtier would play a “pivotal role” at L&G. “His innovative flair in the way he thinks about investments and communications will help ensure both our offering and the way we engage continue to meet members’ and employers’ needs,” she said.last_img read more

Read more

Junior day means more than you think

first_imgThe phrase “junior day” isn’t likely to ring a bell in most people’s minds, regardless of their allegiance to the game of college football.That’s because, to the uninformed eye, the event seems to be little beyond a bunch of eager high schoolers checking out a university campus.But it’s much more than that.On Feb. 11, more than 100 of the best high school football players in the nation flocked to Southern California to visit USC’s campus and to catch a glimpse of what life’s like as a Trojan. And behind the tours, the speeches and the posturing given by USC coaches and staff, there lies an integral step in the recruiting process -— one that could pay major dividends a couple years down the road.The first impression.Each year, USC is charged with the task of showcasing itself to these undecided high school juniors (hence, “junior day”) in an effort to sway their young minds. It’s not an easy process of course — with so many options and so many outside influences, not every tantalizing tour or statistic is going to stick.Combine that fact with the situation the team currently sits in because of NCAA sanctions and it’s clear that junior day 2012 was shaping up to be a markedly more difficult sell than most years.You would think then that Trojan coaches would stick to their guns when showing off their places of work — the mountain of trophies, the mile-long list of USC grads in the NFL, the history that few schools come close to rivaling. But this year, that wasn’t the case.Athletic Director Pat Haden and coach Lane Kiffin decided to go a different direction in wooing their guests, instead focusing on USC’s recent hike in the academic rankings as a means of getting attention. The pair — and others — made it clear that in addition to entertaining potential dominance in the football sphere, those who commit to USC are putting a strong foot forward in the world of academia.The team of recruiters also made one-on-one time a priority, meeting with as many guests face-to-face as time allowed. The message was clear and simple: By enrolling at USC, your experience will be a complete and personal one, extending far beyond the football field.A bold move in front of a 17-year-old crowd, to say the least, but it appears that the refreshing take struck a chord with many potential recruits. The mood around junior day was one of pleasant surprise, as several highly touted invitees admitted to having their eyes opened throughout the course of the day.This reaction, of course, couldn’t come at a better time. With three years of limitations threatening to weigh down the football team, laying a solid foundation down in the reputation department is the only way USC will be able to distinguish itself from the myriad other colleges boasting 10-win seasons and a platter full of tradition.And though the Trojans haven’t received any solid verbal commitments yet from the recruits given offers on junior day, expectations for the class of 2013 are soaring higher than ever.Quarterback Max Browne, considered the best at his position in the 2013 class, flew down from Sammamish, Wash., for the day and mentioned that he will return in the spring to consider USC further. Su’a Cravens, a five-star safety from Murrieta, Calif., is now expected to have the Trojans at the top of his list while he mulls over his big decision.There is almost another full year before USC will truly find out which leads produced and which were for naught. But regardless of what is to come, the junior day reaction is beyond promising. At a time when a simple visit can influence an entire decision, it looks like the Trojans put their best foot forward. “One-Two Punch” runs every other Friday. To comment on this story, visit DailyTrojan.com or email James at [email protected]last_img read more

Read more

Ladies Night Out

first_imgMore than 150 women recently gathered at Branches in West Long Branch to celebrate Ladies Night Out, Monmouth Medical Center’s annual women’s health event. The free event featured health information tables, free giveaways and door prizes, makeup tips from Macy’s by Appointment cosmeticians and showcased a panel of Monmouth Medical Center physician experts who discussed today’s most vital women’s health issues and offered an overview of the latest technological advances. Above, Eatontown resident Mary Ann McKean speaks during the event with Dr. Peter M. Farrugia, a Monmouth Medical Center interventional cardiologist who specializes in the treatment of peripheral vascular disease.last_img read more

Read more

Baby Sens, Kinrade suffer overtime heartache

first_imgBinghamton had jumped to a 3-0 first period lead only to watch the Monarchs outscore the Sens 4-1 to force overtime.Binghamton held period leads of 3-0 and 3-2.Kinrade, a graduate of Nelson Minor Hockey, is in his second season of professional hockey in Binghamton, has yet to gain a point in the three games.Game four is set for Tuesday in Binghamton with game five also being played in the Sens’ arena.Friday Derek Grant scored in extra time to give the Sens a road split of the two games in Manchester. Bud Holloway scored in overtime to lift the Manchester Monarchs to a 5-4 victory over the Senators in American Hockey League Calder Cup playoff action Sunday in Binghamton.The win gives the Monarchs a 2-1 lead in the best-of-seven series after the Baby Sens evened the set Friday with a 4-3 overtime road win of their own in Manchester.Sunday’s loss was tough to swallow for Nelson’s Geoff Kinrade, a defenceman with the NHL Ottawa farm team, and the rest of the Sens.last_img read more

Read more

Leafs turn up defence to edge Spokane Braves 3-1

first_imgNelson is 3-1 against the Braves this season.Carsen Willans, Travis Wellman and Austin Seaman scored for the Leafs while Brad Rebagliati turned aside 20-plus shots to register the win in goal.Nelson, 22-2-1-3 on the season, increases its Murdoch Division lead to 10 points over idle Beaver Valley Nitehawks.However, Nelson has played two more games than the Fruitvale based squad.Nelson travels to Fernie Friday to meet the Ghostriders before playing the Nitehawks December 13 in Fruitvale.Next home game for the Leafs is Saturday, December 14 against Golden Rockets. Much of the success for the Nelson Leafs this Kootenay International Junior Hockey League season has come through the offence.Wednesday, at the NDCC Arena, the Leafs clamped down defensively on the Spokane Braves, scoring a 3-1 Murdoch Division decision.The win was the second straight for the Leafs and avenged a 4-3-overtime loss to the Braves the last time the American franchise was in the Heritage City.last_img read more

Read more

WILSHIRE STAKES QUOTES

first_imgTRAINER QUOTES -30- MARIO GUTIERREZ, SMOOVE IT, SECOND: “I thought I had it. She’s improving a lot and I was hoping to get that kind of race out of her. I thought we had it.” NOTES: The winning owner is Joe Masino of Gilbert, AZ, who campaigns as Class Racing Stable. IAN KRULJAC, SON OF TRAINER ERIC KRULJAC, BLINGISMYTHING, WINNER: “We gave her a nice little breather (before the Las Cienegas), but she was on her toes so we decided to go in and keep firing.”Any instructions to Tyler Baze? “Never. I thought we had our head down, definitely. I was a little nervous we were caught behind with nowhere to go, but Tyler’s got a good head on him and takes the rail, the shortest way around there.”center_img TYLER BAZE, BLINGISMYTHING, WINNER: “I won pretty easy, I thought. I watched it again and knew I had the win. She’s just a nice filly. I broke her maiden first time out a couple of years ago at Hollywood. This is my first opportunity to ride her back and so I made the most of it. She’s a nice filly with a big heart.“It is so nice to win one of these for Eric. I was riding for him all the time when I was at Turf Paradise. I’m pretty sure this is the first stakes I’ve ever won for Eric. And (Ian Kruljac, assistant) Jr. is awesome; we’ve known each other forever. He works so hard; he’s at the barn every day at 4 a.m.” RAFAEL BEJARANO, BIRDLOVER, THIRD: “My filly broke beautifully. We had an easy pace, 23 and change, 48 and change…it was perfect. The other horses were just flying late and we got beat a head. She ran great, no excuse.” JOCKEY QUOTESlast_img read more

Read more

SA scoops World Wine Awards

first_imgSouth African red and white wines have taken top honours at the prestigious Decanter 2009 Wine Awards. (Image: MediaClubSouthAfrica.com. For more free photos, visit the image library) South Africa wines have trounced all international competition in both the red and white single varietal categories at the 2009 Decanter World Wine Awards, held in London under the auspices of Decanter magazine.While the results are released to the trade earlier in the year, the rest of the world has to wait for the traditional September award issue to find out which are the wines to seek out.Kaapzicht Steytler Pinotage 2006 was named the world’s top red single varietal over £10 (R122), while Beaumont Wines Hope Marguerite 2008 took the trophy for the best single white varietal over £10.South African wines scooped 11 regional trophies and 23 gold medals. Local wines also came home with 130 silver medals, 246 bronze medals, and 131 commended certificates.Home-grownSouth Africa’s own home-grown Pinotage grape variety has come into its own in recent years. The grape was created in 1925 by the chemist Abraham Izak Perold, also first professor of Viticulture and later Dean of Agriculture at Stellenbosch University in the Western Cape. Perold bred a cross between Pinot Noir and Cinsault, both varieties of Vitis vinifera, the common grape vine.Cinsault is known as Hermitage in South Africa, hence the blending of the names of the two parents to form Pinotage.The first Pinotage wine was made in 1941 by CT de Waal, a lecturer at the Elsenburg Agricultural College in the Stellenbosch district.However, it was only in 1959 that a Pinotage from winemaker Pieter Krige “PK” Morkel of Bellevue estate won the first of many awards for the variety. Morkel’s wine took the coveted General Smuts trophy for the best young wine at that year’s Cape Young Wine Show (now known as the South African Young Wine Show).Bellevue estate, still run by the Morkel family, continues to produce award-winning wines, among them the famous Pinotage.Farmers subsequently stampeded to plant Pinotage vines, but even so the variety never quite took off until 1991 when Kanonkop’s Pinotage earned winemaker Beyers Truter the Winemaker of the Year award at the International Wine and Spirit competition in the UK. Truter was the first South African to achieve this.Making historyFittingly, Kaapzicht’s award for the Steytler Pinotage 2006 award comes 50 years after that first Cape Wine Show coup.Kaapzicht estate lies between Stellenbosch and Kuils River and since 1946 has been in the capable hands of the Steytler family.Kaapzicht’s reds are no strangers to international recognition. In 2004, at the International Wine and Spirits Competition in London, the estate’s Steytler Vision 2001 became the first Cape Blend (a 40% Pinotage blend) to win the title of overall world’s best red blend.Grapes from those same vines have now been used to produce the 2009 Decanter winner. Kaapzicht Steytler Pinotage 2006 lay for two years in new French oak barrels before going to the bottle.“Pinotage is a very versatile red wine variety,” commented cellarmaster Danie Steytler, “and the Kaapzicht Steytler Pinotage from those vineyards is a shining example of the serious, well-oaked, full-bodied style to be enjoyed with food, especially venison, red meat and traditional South African dishes and cheeses.”Decanter judges agreed, commending it for its “voluptuous, heady nose with very precise black fruits, plums, mocha and tar. Full-bodied and opulent in the mouth, ripe and supple fine-grained tannins with plenty of spice to enliven the finish”.Made from the oldest vinesThe winning white single varietal Beaumont Wines Hope Marguerite 2008 is a Chenin Blanc made, as the vineyard claims, only from fruit harvested from the oldest vines.The winery is located in Bot River in the Western Cape’s Overberg region. For the past few years Beaumont has concentrated solely on producing Chenin Blanc, having discontinued its Chardonnay and Sauvignon Blanc.The results speak for themselves. Named after the matriarch of the Beaumont clan, Hope Marguerite Beaumont, the winning wine, was glowingly described by Decanter judges as having a “stylish spicy floral character, supple orchard fruits, white almond and grass. Soft and broad on the palate, lifted citrus fruits with some glycerol and honey at the end”.“Our Chenin really illustrates the diversity of the grape as well as its strong roots in the Beaumont soils,” commented winemaker Sebastian Beaumont.Hope Marguerite is matured in 400l French oak barrels using only natural yeasts.“We allow the grape to express itself in very hands-off wine-making – this has been the essence of the Hope Marguerite,” Beaumont added.Leading wine magazineDecanter magazine, the UK’s leading wine magazine, is sold in 92 countries and for the past six years has presented the prestigious World Wine Awards. A record 10 285 entries from 2 240 producers poured into the Decanter offices for the 2009 event, more than for any other wine event.Wines compete according to region and in eight price brackets, ranging from less than £4.99 (R61) to over £40 (R487). Once the initial rating has been given, the gold medal-winning wines are re-tasted for confirmation, and then go forward to the regional taste-off.The regional winners then compete for an array of international trophies, which are judged in two sections for each wine style, under £10 and over £10.The judging panel is chaired by veteran British wine consultant and journalist Steven Spurrier, who is assisted by a number of regional chairs. This year the South African section was chaired by the respected John May, a senior wine master in the UK.South African regional trophy winners:•    Beaumont Wines Hope Marguerite 2008 – South African White Single Varietal over £10 Trophy•    Bouchard Finlayson Galpin Peak, Pinot Noir 2008 – South African Pinot Noir over £10 Trophy•    Cederberg Private Cellar Five Generations Cabernet Sauvignon 2006 – South African Red Bordeaux Varietal over £10 Trophy•    Cederberg Private Cellar Cederberg Sauvignon Blanc 2008 – South African Sauvignon Blanc under £10 Trophy•    Kaapzicht Estate Steytler Pinotage 2006 – South African Red Single Varietal over £10 Trophy•    Paul Cluver Weisser Riesling Noble Late Harvest 2008 – South African Sweet over £10 Trophy•    Perdeberg Rex Equus Shiraz 2007 – South African Red Rhone Varietal over £10 Trophy•    Pongracz Desiderius 2001 – South African Sparkling over £10 Trophy•    Rustenberg Chardonnay 2007 – South African Chardonnay over £10 Trophy•    Schalk Burger & Sons Welbedacht Hat Trick 2006 – South African Red Blend over £10 Trophy•    Swartland Winery Indalo Shiraz Nature’s Way 2006 – South African Red Rhone Varietal under £10 Trophylast_img read more

Read more

Chinese government pledges billions to industrialise Africa

first_img21 October 2015The Chinese government reiterated its commitment to support industrialisation in South Africa and the rest of the African continent by pledging $50-billion (R668- billion) towards industrialisation projects.According to a press release, the pledge was announced during a courtesy visit by China’s commerce vice-minister, Zhang Xiangchen, to Lionel October, the director-general in the Department of Trade and Industry, in Pretoria this week.The courtesy visit also focused on the upcoming Forum on China-Africa Co- operation (Focac), which will be hosted in Johannesburg on 4 and 5 December.Initiatives like these fall in line with South Africa’s National Development Plan that has as its aim an improved country and continent. Its goals are to end poverty and build a strong, resilient and smart economy.Xiangchen said there were several new measures that the Chinese government was finalising to further promote industrialisation and development of the African continent as a whole.“China-Africa industrialisation partnerships will be at the forefront of any development in the continent followed by agricultural activities. China will also increase investments in Africa especially in the special economic zones and provide training in those sectors,” said Xiangchen.His government would provide 50 technical experts in building and upgrading of industrial parks and new power plants, 200 000 industrial managers to train and develop local industrial managers, as well as 40 000 training opportunities in different sectors.October welcomed the pledge and praised China for its efforts to support the African cause.China had remained an inspiration to most developing countries, especially those in Africa, for the last forty years, he said. Even though the continent was underdeveloped, summits such as Focac could bring progress in industrialisation.The first Ministerial Conference of Focac was held in Beijing in October 2000. After that meeting, China cancelled 10.9-billion renminbi (about R23-billion today) of debts for 31 heavily indebted poor countries or least developed countries in Africa.Source: SouthAfrica.info reporterlast_img read more

Read more

Raptors and 76ers made changes this season, and now face off

first_imgUAAP volleyball: Adamson snaps 9-game skid, spoils UP’s final game And about a day later, the Raptors went out and got Marc Gasol.The roster-remodeling that the 76ers and Raptors were involved in at the trade deadline was done with postseason goals in mind — so it seems fitting that the teams are about to square off for a berth in the Eastern Conference finals. The second round of the NBA playoffs starts on Saturday when Philadelphia goes to Toronto for Game 1.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logistics“Both have had a lot of changes throughout the year,” Toronto forward Pascal Siakam said. “It will definitely feel different. It kind of feels like the first time we’re meeting them.”Toronto has won 21 of the last 24 meetings between the teams and went 3-1 against the 76ers this season, numbers that both sides agree are largely irrelevant. “We’ve never played them with the team we have,” 76ers coach Brett Brown said. “The context needs to be somewhat considered.”That goes back to what happened almost immediately following the last Raptors-76ers matchup.Toronto’s 119-107, wasn’t-as-close-as-that-looks victory hadn’t been in the books for an hour before news broke that the 76ers were sending three players and four draft picks to the Los Angeles Clippers for Harris, Boban Marjanovic and Mike Scott. It’s already paid off for Philly in many ways; Marjanovic has been a solid backup for Joel Embiid and Scott made perhaps the biggest shot of the 76ers’ first-round win over Brooklyn.Scott is now ailing and seems likely to miss Game 1, if not more, with a heel injury. The speed the Raptors play with may affect how Philly plans to use Marjanovic in this series. But Harris fits in perfectly with the 76ers’ needs on both ends — just as Gasol, who will be primarily tasked with slowing Embiid, has done since joining the Raptors.“Everybody loaded up,” Brown said. “They really loaded up. It was an arms race for the Eastern Conference championship.”ADVERTISEMENT Embiid averaged 26.3 points against the Raptors and Ben Simmons shot 63 percent in the four games, but was also forced into 6.3 turnovers per game in the season series. For Toronto, Kyle Lowry averaged 16.8 points, while Siakam averaged 16.3 on 52% shooting. And Kawhi Leonard averaged 30.3 points in three meetings against Philadelphia — with the game he sat out in the series being the only one where the 76ers prevailed.It wasn’t just the trade deadline where teams were thinking about these 2019 playoffs. The Raptors swung the deal for Leonard last summer precisely for these moments, and the 76ers offered him the highest praise.“He’s pretty damn good,” 76ers guard J.J. Redick said.Here are some other things to know going into the series:HISTORYSaturday’s loser likely won’t be that worried. Both teams lost Game 1 of Round 1, Toronto falling to Orlando and Philadelphia losing to Brooklyn. Toronto is 2-14 all-time in Game 1s. This is the second series between the Raptors and 76ers; Philly beat Toronto in six games in the 2001 East semifinals, the year that Allen Iverson took the 76ers to the NBA Finals.PERFECT KAWHILeonard has played against the 76ers 13 times. His Toronto and San Antonio teams are 13-0 in those games. Philadelphia was in its tanking process for the majority of those meetings, but it also should be noted that Leonard was one of four players to face the 76ers at least three times and average more than 30 points against them this season.DOUALA VS. YAOUNDEFor the first time, a pair of players born in Cameroon — Embiid and Siakam — will face off in a playoff series. Embiid is from Yaounde, Siakam from Douala, and those are Cameroon’s two biggest cities. “People on Twitter were like, ‘Oh, it’s Douala against Yaounde … and at the end of the day, Cameroon wins,’” Siakam said. “And I’m like, ‘Nah, at the end of the day, Douala wins.’” Private companies step in to help SEA Games hosting MOST READ Duterte wants probe of SEA Games mess LATEST STORIES PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss SEA Games hosting troubles anger Duterte EMBIID VS. GASOLEmbiid was held under 20 points only 10 times this season. But in five career head-to-head meetings with Gasol, he’s never scored more than 15 points and never shot better than 40 percent.STREAKINGSaturday’s winner will have a five-game postseason winning streak. If it’s Philadelphia, it would be the franchise’s longest since 1985. If it’s Toronto, it would be a first.Sports Related Videospowered by AdSparcRead Next View comments Hontiveros presses for security audit of national power grid Don’t miss out on the latest news and information. Panelo: Duterte ‘angry’ with SEA Games hosting hassles Philippine Arena Interchange inaugurated Cayetano: Senate, Drilon to be blamed for SEA Games mess DA eyes importing ‘galunggong’ anew Toronto Raptors center Marc Gasol (33) celebrates his 3-point basket against the Orlando Magic during the second half in Game 1 of a first-round NBA basketball playoff series in Toronto, Saturday, April 13, 2019. (Frank Gunn/The Canadian Press via AP)The last time Toronto and Philadelphia played was on February 5, a night where the Raptors went into the 76ers’ home building and had absolutely no trouble on the way to an easy win.Later that night, the 76ers struck a deal to get Tobias Harris.ADVERTISEMENTlast_img read more

Read more