Tag: 爱上海AK

first_imgDanish pension fund ATP is the latest scheme to sell its holding in Irish low-cost airline Ryanair as a dispute over whether local airline staff should be included in higher-paying Danish collective bargaining wage contracts has escalated.ATP sold off the DKK25m (€2.4m) in Ryanair stock it held at the end of last week, a spokesman for the DKK750bn pension fund confirmed.The exposure had been held indirectly through an external manager, he said.The move was a business decision, he said, adding that ATP did not make the specific factors in individual investment decisions public. At the beginning of this year, Industriens Pension decided to exclude Ryanair from its investible universe, selling off around €60,000 of the airline’s shares, which it had in a passive investment portfolio run by an external manager, a spokesman for the DKK137bn labour-market pension fund said.“We find the management’s business practices and unwillingness to engage in dialogue very problematic,” he told IPE.“Such behaviour also constitutes a business risk we do not want to take.”The pension fund had tried to discuss this with Ryanair through its external ESG adviser, the spokesman said.PensionDanmark, which manages DKK171bn of labour-market pensions money, made the decision back in September to exclude Ryanair and sold its exposure of around DKK50m then.Jens-Christian Stougaard, director at PensionDanmark, told IPE: “The decision to exclude Ryanair was made on a basis on their unwillingness to comply with ILO (International Labour Organization) conventions 87 and 98, as well as pending trials, which can have a negative effect on the company’s business model.”Convention 87 covers freedom of association and collective bargaining, while convention 98 deals with collective bargaining.Stougaard said the pension fund’s service provider had had conversations with Ryanair for several years on these issues.“Even though the company has been open to dialogue, it has not made any satisfactory changes and is not willing to change since the basis of their low-cost business is having the crew operate on Irish contracts of employment,” he said.Ryanair only conducted collective bargaining with its employee representative committees, which deprived staff of the option of bargaining through a union, he said. “We prefer to stay invested and work for change, but sometimes the dialogue is not fruitful, as in the case of Ryanair,” Stougaard said.Ryanair, meanwhile, remains defiant in the face of the pension fund divestments in Denmark.“There are plenty of buyers out there who would be only too happy to buy these shares, which have risen by 19% since 1 January this year,” a spokesman for the company said.“Ryanair is an Irish registered airline, and our pilots and crew operate on Irish registered aircraft in full compliance with EU law.”He said the company had made a formal complaint to the EU Commission about the “multiple breaches by Denmark of fundamental freedoms that are protected by EU law”.He said the mayor of Copenhagen and municipalities involved were breaking EU law by banning their staff from choosing Ryanair’s lowest-fare flights and their case for doing so was baseless.LO, the Danish Confederation of Trade Unions, said it was now awaiting the judgment from the Labour Court to a case LO filed, which was heard on Monday.The dispute centres around Ryanair’s refusal of the Flight Personnel Union’s request for a collective agreement for flight crew staff working on the new air base the airline announced it would set up in Kastrup Airport in Copenhagen from the end of March 2015.last_img read more

first_img Comments Facebook Twitter Google+ Published on July 7, 2020 at 6:28 pm Contact Thomas: tgshults@syr.edu | @ThomasShults5center_img The Daily Orange is a nonprofit newsroom that receives no funding from Syracuse University. Consider donating today to support our mission.Eric Devendorf abandoned the 2-3 zone as the ball flew from the corner to mid-court. Moments before it landed in the hands of a Men of Mackey player, Devendorf swatted the ball away and corralled it with his right hand.With another Men of Mackey player barreling toward him, Devendorf passed in transition to John Gillon, who completed the give-and-go for an easy layup.In its 76-69 win over Men of Mackey, Boeheim’s Army abandoned its strength – 3-point shooting – and instead focused on scoring in the paint to advance in The Basketball Tournament. Devendorf led BA with 20 points, shooting 9-for-14 from the field to go along with three steals. Three other players joined him in double-digits. Boeheim’s Army forced 18 Mackey turnovers to help build its first-half lead that withstood the Purdue alumni roster’s comeback in the second half.“When (Devendorf’s) 50 years old, he’s still going to be competitive in the gym, at the Y,” Boeheim’s Army head coach Ryan Blackwell said. “Getting texts at 50 years old with his kids saying, ‘What’s wrong with my dad?’”AdvertisementThis is placeholder textThe win, Boeheim’s Army’s first, is one of four needed for the $1 million grand prize in a TBT operating differently than it has in past years. All games will be played in Columbus, Ohio, rather than in arenas across the country — including in Syracuse, where BA was supposed to host a regional for the second consecutive year. Players are expected to stay inside a hotel at all times, quarantine on their own floor and only see opponents during games.TBT is one of the first live sporting events to return after professional and collegiate games were canceled due to the coronavirus pandemic, and it serves as an experimental basketball bubble before the NBA implements a significantly larger event in Orlando for its restart. Boeheim’s Army players needed to test negative for COVID-19 twice before arriving for TBT and will be subject to five total tests by the tournament’s end.In between those tests, those Zoom calls with nurses and Vault Health kits, are practices and games. Boeheim’s Army lost its minicamp that usually precedes TBT and had few training options before the tournament once gyms shut down.To compensate, Devendorf called Syracuse head coach Jim Boeheim and asked if he could “sneak through that side door” and work out in his basement. A lack of minicamp also meant the team didn’t have the opportunity to bond before the tournament, so BA played card games such as Tonk before its first game as a substitute. Big man Donte Greene said he was “plotting” those card games before arriving in Columbus. Before its first game, BA teammates admitted Greene was the best card player.Isaac Haas scored 12 points and grabbed eight rebounds for Men of Mackey against Boeheim’s Army, helping key a second-half comeback that ultimately fell short. Courtesy of Ben SolomonOn the court Tuesday, Greene was tasked with guarding 7-foot-3 center Isaac Haas — the tallest player he’d ever faced besides 7-foot-6 Yao Ming. Haas finished with 12 points and eight rebounds, including four offensive rebounds. In one first quarter sequence, Men of Mackey grabbed six consecutive offensive rebounds before Malachi Richardson committed a foul. Brandon Triche scored four of Boeheim’s Army’s first six points, while Men of Mackey head coach Ryne Smith tried capitalizing on height in the paint. As the game continued, Men of Mackey emphasized Haas even more, closing Boeheim’s Army’s lead and forcing Greene into committing five fouls. While Men of Mackey attacked the paint, Boeheim’s Army shot more 3-pointers, which continued to clank off the rim. In the third quarter, Haas received a pass on the low block, spun to the left away from defender Will Rayman and was fouled on a layup attempt. He then calmly knocked down both free throws. Soon after, Men of Mackey briefly took the lead for the first time since the first quarter.“It’s pros out here,” Greene said. “It’s not a slouch tournament at all, everyone here can play.”Midway through the fourth quarter, momentum slowly swung back in Boeheim’s Army’s favor. With the game tied 58-58, Triche drove to the left side of the hoop, spun right, away from his defender, and finished the uncontested layup.While BA shot less than 20% from behind the arc, it converted 28-of-32 free throws. After collecting a defensive rebound with 4:12 left in the fourth quarter, BA’s Rayman was fouled and hit both free throws to take a 68-63 lead. But Men of Mackey’s comeback continued as it cut Boeheim’s Army’s lead to two, 68-66, before the Elam Ending began. But Devendorf, a constant on every Boeheim’s Army team, scored the first basket to give BA a 70-66 lead — six points away from the target score of 76. After the 2-3 zone forced a Men of Mackey turnover, Smith called a timeout for Men of Mackey, but Andrew White hit an open mid-range 2, followed by a Richardson made free throw.After a missed jumper on the next Men of Mackey possession, Boeheim’s Army raced up the court in transition offense, which scored 13 points off turnovers. Greene passed up a potential game winning three and Haas inside for a layup. “We wanted to make him move them big feet, man, that’s a big boy, 7-foot-3, 300 pounds,” Greene said of Haas. “So we had to bring him to the perimeter and get him moving.”Boeheim’s Army’s altered strategy was working. Meanwhile, Men of Mackey tried to use the same game plan that had been productive through the and tournament: Pass the ball to Haas in the paint.Haas caught the ball with his team on the brink of elimination and began to back down Greene. The former Syracuse big then poked the ball out of Haas’ hands, Men of Mackey’s 18th turnover of the game. Greene said after the game that since he turned pro, he’d honed his defensive craft.That allowed a full-court pass to Triche, sprinting down court and drawing a foul. The winningest Syracuse basketball player then walked to the foul line and clinched the game with a free-throw winner.“He probably outweighed me by at least 50, 6o pounds and he’s three or four inches taller than me,” Greene said of Haas. “When he brings the ball down I try to take advantage of him. You know I have some quick hands, I think Boeheim would be proud of me.”last_img read more