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News Article | April 21, 2017
Site: www.theguardian.com

Higher taxes and whiplash claims have pushed the average car insurance premium up by 8% over the last year, adding £34 to the average annual cost for drivers, according to the Association of British Insurers. The increases takes the typical premium to £462, the highest level since the ABI started collecting the quarterly data in 2012. “This reflects continuing cost pressures around rises in whiplash-related claims, Insurance Premium Tax and increasing repair bills.” Since IPT was introduced in 1994 at 2.5% it has been steadily increased by successive chancellors. It has been hiked three times in the past two years: the last rise of 0.5% took the rate to 10% while in June it will rise again to 12%, making “higher insurance bills for many look inevitable,” says the ABI. But price comparison websites say premiums are higher than the ABI suggests. Confused.com said that prices have risen by 16% over the past year, with the average premium for comprehensive cover now £781. “Coupled with hikes in road tax for new cars and petrol prices rising since the start of 2017, it’s likely that many drivers will feel the cost of motoring burning a sizeable hole in their pockets,” said a spokesperson. The change to the way in which compensation for serious personal injuries is calculated – the so-called Ogden discount rate – is also likely to lead to big additional costs, says the ABI. “Further increases could come as insurance renewals are due in early July or at the beginning of 2018, feed through to premiums insurers have to charge,” said Rob Cummings, the ABI’s assistant director and head of motor and liability.


News Article | December 7, 2016
Site: www.marketwired.com

SEATTLE, WA--(Marketwired - Dec 7, 2016) - The Seattle office of Cushman & Wakefield Commerce today announced that it has brokered the sale of a 58-acre former sawmill in Tacoma, Wash. The seller was Interfor, a Vancouver, B.C.-based lumber company. The buyer was Industrial Property Trust (IPT), which purchased the property to develop the IPT Tacoma Logistics Center, which will include two industrial buildings totaling approximately 1.1 million square feet. Tony Kusak, SIOR, Senior Director at Cushman & Wakefield Commerce in Seattle, was the lead broker on the transaction. "The sale of this property makes way for a new, approximate 1.1 million square foot industrial development for warehousing and manufacturing companies to come into Tacoma, create jobs and provide tremendous opportunity," Kusak said. Scheduled for delivery in the first quarter of 2018, the new IPT Tacoma Logistics Center will have direct access to the Port of Tacoma, the Port of Seattle and the Seattle/Tacoma metro areas and will be located within Foreign Trade Zone #86. Aside from being near two parcel hubs, two freight hubs and an intermodal facility, this has always been an ideal location to draw a competitive and capable labor force. J.R. Wetzel, Managing Director, Western Region Industrial Property Trust said, "Having had continued success in the Greater Seattle market since 2010, we were excited for the opportunity to develop big box industrial in this strategic Tacoma location. Given the historically low supply of Class A warehouses today and the flexibility of sizes this project will offer (60,000 square feet to over 1,100,000 square feet), we are confident in delivering another successful project to the market." The buildings will include an ESFR sprinkler system, 167 trailer stalls and 704 parking spaces. Tony Kusak will represent IPT in the leasing of this development, which is located at 733 E. 11th street, Tacoma, WA. Kent Valley's overall vacancy is at a historic low of 3.8 percent with few options for large blocks of space. About Cushman & Wakefield Commerce Cushman & Wakefield Commerce operates the Cushman & Wakefield business in Nevada, Utah and Washington. As part of the Cushman & Wakefield global platform, the firm offers innovative commercial real estate solutions to occupier and investor clients, offering transaction services, capital markets services, occupier and investor services, and real estate advisory. With nearly 300 employees, 9 million sq. ft. of property management and transaction value of more than $2.8 billion, the firm is a leading commercial real estate resource in the Intermountain West region and Pacific Northwest. Learn more at www.comre.com. About Cushman & Wakefield Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm's 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.


Juniper Networks Technology Drives the Financial Cooperative's Upgrades for its Data Center Infrastructure, as well as for Separate IP Telephony (IPT) and Network Isolation Projects SEOUL, SOUTH KOREA--(Marketwired - November 01, 2016) - Juniper Networks ( : JNPR), an industry leader in automated, scalable and secure networks, today announced that the National Credit Union Federation of Korea (CU), a nationwide non-profit financial cooperative offering a wide range of banking services to nearly six million members across Korea, has selected Juniper Networks' switching, routing and security solutions for deployment in a major data center modernization project. Managing almost USD 62 billion of assets through over 906 cooperatives and 1,656 branches nationwide, CU has experienced consistent growth in scope and scale across its operations. As a result, the improvement of workflow efficiency, network reliability and utilization were key priorities for the data center modernization project, which are areas where Juniper's products, including the EX line of Ethernet Switches and MX line of routers, are well placed to offer best-fit levels of performance, professional service and support. In addition, CU has also deployed a substantial number of L2 Power-over-Ethernet (PoE) switches from Juniper, including the EX3300 Ethernet Switch and EX2200 Ethernet Switch for separate IPT and Network Isolation projects. Juniper's broad experience and expertise in automation will play a key role in the seamless operation of CU's nationwide network, and address the need to comply with the network separation policy for financial companies required by the Financial Supervisory Service (FSS). "Having experienced consistent business growth, we've seen rapidly increasing loads and demands on CU's network. This large-scale data center modernization project has allowed us to build the foundation of a competitive next-generation networking infrastructure for CU. As we planned the upgrades for our smart data center, as well as the IPT and Network Isolation projects, Juniper's scalable, agile and future-proof solutions and services provided the performance, automation and security we needed." -HY Lee, CIO, National Credit Union Federation of Korea "We're delighted to be the networking partner selected by CU for their major networking infrastructure upgrades. The financial sector is a key priority for Juniper in Korea, and one we intend to continuously nurture through a vertical-focused sales and marketing model that combines dedicated commitment and a thorough understanding of our customers' long-term requirements." -KB Chai, country manager, Korea, Juniper Networks Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. Our team co-innovates with customers and partners to deliver automated, scalable and secure networks with agility, performance and value. Additional information can be found at Juniper Networks (www.juniper.net/kr/kr) or connect with Juniper on Twitter and Facebook. Juniper Networks, the Juniper Networks logo and Junos are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.


www.mercurypoker.com) as the first network partner in the new India Poker Network. The Joint Venture Partnership between Mercury Gaming Solutions, a subsidiary of The Essel Group, and Mojo Games was formed as part of an online strategy to build a nationwide poker network in India. The Joint Venture is a 50/50 split in ownership and profits for the network where Mojo Games supplies iGaming technology, ecommerce, back office and marketing support. The Essel Group is a well-known Indian Conglomerate having a diverse business presence across many industries As the first network partner, Mercury Gaming Solutions will be a direct-to-consumer site and the Joint Venture expects to launch Baadshah Gaming,(www.baadshahgaming.com), a subsidiary of Casino Pride, imminently. The JV has a dynamic plan to build a nationwide network of poker players by launching new B2B partners all sharing in the India network's pool of players. Concurrently, Mojo Games plans to roll out its own direct to consumer site to join the India network. In addition, Mojo Games is on target with its plan to launch its iGaming solution for VLeague and Alisports, a division of Alibaba in mid-March 2017 to help market Alisports' first IPT land based poker tournament event to be held in late April 2017. The Company is now working on plans to launch Mahjong and other games for Alisports through its partnership with VLeague. About Mojo Games, a division of Sterling Group Ventures Mojo Games provides a B2B multi-gaming platform with a full suite of social play money gaming products, including online poker. Mojo offers B2B partners both API integrated and turnkey white label licensing options with advanced and customizable iGaming back-office features, player rewards and marketing, affiliate, and e-commerce solutions. ON BEHALF of the BOARD /s/ Nicolaos Mellios Mr. Nicolaos Mellios Chairman & CEO For further information, please check the Company's SEC 8-K filing or contact: Chris MacPherson, Director or Christopher Tsakok, MBA, CFA, Director Phone: (604) 564-0765 info@mojo.game www.mojo.game Safe Harbour Certain statements and other information included in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including the "safe harbour" provisions of provincial securities legislation and the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Forward-looking statements are typically identified by the words "believe", "expect", "anticipate", "intend", "estimate", "outlook", "focus", "potential", "will", "should", "would", "could" and other similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements as it is subject to known and unknown risks and uncertainties that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except as required by law, there is no intention or obligation to update or revise any forward-looking statements as a result of new information or future events, except as required by law. This press release does not constitute any investment advice or any solicitation or offer to buy or sell any securities. No representation is made on the accuracy or completeness of the information contained in this press release, and the Company does not accept liability for any errors or omissions in the contents of this press release that arise as a result of transmission. The Company may not update the information in this press release. The Company does not waive any rights, privileges or other protections that the Company may have with respect to the information in this press release.


News Article | December 7, 2016
Site: marketersmedia.com

Mojo Games, a division of the Company, is currently working with its partner in India to release its poker platform nation-wide. As per the current agreement, Mojo has entered into a Joint Venture with its Indian partner with all profits to be divided equally. Mojo's Indian partner is a major media conglomerate with a large customer base which will be leveraged to drive adoption of the platform. The platform is currently in the late stages of development, with a soft launch underway including mobile applications. Mojo Games is excited to be working with its new partner VLeague, who is the exclusive online social gaming provider for Alisports' Chess and Card Division, as per the Company's press release of December 2, 2016. Mojo is planning and negotiating to launch, together with VLeague, additional sites inside, and now outside, of China, promoting recreational play and the Alisports IPT tournaments. In addition to upcoming launches with partners in India and China, the Company continues its B2B sales and operational efforts in Europe and South America. Mojo Games would also like to announce that it has been actively developing a Merger & Acquisition strategy, having identified near term targets that are a strong fit with the Company's operations. The Company anticipates that any one of the targets could present a material change and will disclose these opportunities on a timely basis. The Company would like to announce that Robert Smiley has stepped down as CFO. The Company would like to thank Mr. Smiley for his hard work as CFO on behalf of the Company and wish him well in his future endeavors. The Company is pleased to announce that Mr. Chris MacPherson is joining the Company as CFO and Director. He has spent 25 years at CIBC Wood Gundy as Vice President & Portfolio Manager. Chris has extensive experience in the capital markets and is co-founder of Mojo. Chris will be responsible for finance and marketing activities, funding and acquisition opportunities as well as assist in strategic and tactical matters. He has sat on a number of boards, including BC Hydro, and been quite active on the political stage. He has also been involved in a number of charities, including Children's Miracle and Nepal House Society. ON BEHALF of the BOARD For further information, please check the Company's SEC 8-K filing or contact: Certain statements and other information included in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including the "safe harbour" provisions of provincial securities legislation and the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Forward-looking statements are typically identified by the words "believe," "expect," "anticipate," "intend," "estimate," "outlook," "focus," "potential," "will," "should," "would," "could," and other similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements as it is subject to known and unknown risks and uncertainties that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Except as required by law, there is no intention or obligation to update or revise any forward-looking statements as a result of new information or future events, except as required by law. This press release does not constitute any investment advice or any solicitation or offer to buy or sell any securities. No representation is made on the accuracy or completeness of the information contained in this press release, and the Company does not accept liability for any errors or omissions in the contents of this press release that arise as a result of transmission. The Company may not update the information in this press release. The Company does not waive any rights, privileges, or other protections that the Company may have with respect to the information in this press release.


VANCOUVER, BC / ACCESSWIRE / February 15, 2017 / Sterling Group Ventures, Inc. (OTCQB: SGGV) is pleased to announce that Mojo Games Inc., its subsidiary, has launched Mercury Gaming Solutions (www.mercurypoker.com) as the first network partner in the new India Poker Network. The Joint Venture Partnership between Mercury Gaming Solutions, a subsidiary of The Essel Group, and Mojo Games was formed as part of an online strategy to build a nationwide poker network in India. The Joint Venture is a 50/50 split in ownership and profits for the network where Mojo Games supplies iGaming technology, ecommerce, back office and marketing support. The Essel Group is a well-known Indian Conglomerate having a diverse business presence across many industries As the first network partner, Mercury Gaming Solutions will be a direct-to-consumer site and the Joint Venture expects to launch Baadshah Gaming,(www.baadshahgaming.com), a subsidiary of Casino Pride, imminently. The JV has a dynamic plan to build a nationwide network of poker players by launching new B2B partners all sharing in the India network's pool of players. Concurrently, Mojo Games plans to roll out its own direct to consumer site to join the India network. In addition, Mojo Games is on target with its plan to launch its iGaming solution for VLeague and Alisports, a division of Alibaba in mid-March 2017 to help market Alisports' first IPT land based poker tournament event to be held in late April 2017. The Company is now working on plans to launch Mahjong and other games for Alisports through its partnership with VLeague. About Mojo Games, a division of Sterling Group Ventures Mojo Games provides a B2B multi-gaming platform with a full suite of social play money gaming products, including online poker. Mojo offers B2B partners both API integrated and turnkey white label licensing options with advanced and customizable iGaming back-office features, player rewards and marketing, affiliate, and e-commerce solutions. ON BEHALF of the BOARD Mr. Nicolaos Mellios Chairman & CEO For further information, please check the Company's SEC 8-K filing or contact: Chris MacPherson, Director or Christopher Tsakok, MBA, CFA, Director Phone: (604) 564-0765 [email protected] www.mojo.game Certain statements and other information included in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including the "safe harbour" provisions of provincial securities legislation and the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Forward-looking statements are typically identified by the words "believe", "expect", "anticipate", "intend", "estimate", "outlook", "focus", "potential", "will", "should", "would", "could" and other similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements as it is subject to known and unknown risks and uncertainties that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except as required by law, there is no intention or obligation to update or revise any forward-looking statements as a result of new information or future events, except as required by law. This press release does not constitute any investment advice or any solicitation or offer to buy or sell any securities. No representation is made on the accuracy or completeness of the information contained in this press release, and the Company does not accept liability for any errors or omissions in the contents of this press release that arise as a result of transmission. The Company may not update the information in this press release. The Company does not waive any rights, privileges or other protections that the Company may have with respect to the information in this press release.


News Article | November 26, 2016
Site: www.theguardian.com

Car insurance premiums are set to break through the £600 barrier for the first time next year as insurers pass on higher costs and this week’s premium tax hike, experts are warning. On Wednesday the chancellor, Philip Hammond, announced he is to increase insurance premium tax (IPT) from 10% to 12% from June. This means drivers, now typically paying around £50 a year to the Treasury when they insure their car, will see it rise to above £60. Some young drivers could have to pay more than £250 just in the IPT part of their premium, according to comparison site GoCompare. IPT, levied on around 50m insurance policies (including car, home and medical), has gone up nearly five times since it was introduced in 1994 at a rate of 2.5%. The AA says the extra tax will add further pressure on drivers already battling steep increases in underlying premiums. Its benchmark British Insurance Premium index shows a 16.3% rise over the past 12 months with the average “shop around” premium at £586. “It’s disappointing the chancellor seems to have used the potential £40 saving on the average premium due to the whiplash crackdown, to increase IPT,” says the AA. “The upward pressure on premiums continues, which coupled with the unwarranted hike in IPT will see premiums go through the £600 mark before any benefit from the whiplash crackdown takes effect.” Matt Oliver, car insurance spokesperson at GoCompare, says there are still “genuine inflationary forces in the market”. “That means it is unlikely we will see any real flattening for motor premiums in the next few months. “Until firm action is delivered on whiplash and the compensation culture, claims costs will continue to rise. Any signs that the rate had slowed earlier this year are likely to be completely undermined by the announcement of a further increase in IPT.” What can you do to keep premiums down? Guardian Money advises: • Shopping around at renewal is key, but do so in advance. Buyers get significantly lower quotes (£100 less) if they buy 30 days in advance, rather than the day before cover is required. • Don’t overbuy cover – if you only drive 5,000 miles a year, don’t insure for 10,000. And if you can park off-road, do so and tell your insurer. • Consider adding a spouse or parent as a named driver – it could reduce the premium by hundreds of pounds. • Don’t soup up your car with sports exhausts, spoilers etc – but do fit a tow bar. Bizarrely, adding one can lower your premium by as much as 20%. Who knew?


News Article | October 26, 2016
Site: www.theguardian.com

Drivers are paying almost £82 more for car insurance than a year ago and are likely to see premiums rise further, according to the latest figures from the Automobile Association (AA). The average annual cost of a new policy rose to £586 in the three months to the end of September, a 16.3% increase on the same period in 2015, the motoring group said. The AA said premiums were driven up by continuing problems with whiplash claims and consumers’ growing tendency to shop around for a new policy each year. Its index of premiums compares the cost of the five cheapest policies for a range of different drivers. Insurers were becoming less inclined to offer low introductory rates to attract new customers, the AA said. Other reports have suggested that the cost of motor cover has been pushed up by advances in technology. Additions to cars such as parking sensors on bumpers have increased the cost of repairs after accidents. In September, insurer LV= warned that it may have to increase premiums after the cost of accident payouts rose. Michael Lloyd, AA’s director of insurance, said: “We are witnessing sustained price increases once again, which is bad news for drivers. I can’t see an immediate end to the current upward trend.” The AA index showed that the cost of cover rose most steeply for 60 to 69-year-old drivers, with best-buy policies up by 5.4% in the third quarter to an average of £366. However, their premiums remained lower than other age groups. Younger drivers continued to pay far in excess of other motorists, with the cheapest policies averaging £1,287, an increase of 3.6% since spring this year. Motorists in Northern Ireland had the highest premiums, with those who shopped around for a quote paying an average of £862. By contrast, average premiums cost £422 a year in Scotland. Since the end of September, insurance premium tax (IPT) has gone up for the second time in a year. The AA called on the government to resist a further rise in the autumn statement next month and expressed disappointment at the Ministry of Justice’s decision to delay planned reforms designed to reduce whiplash claims. “The whiplash epidemic has dogged the British motor insurance industry for a decade and continues to do so,” Lloyd said. “I do recognise that whiplash can be a serious and debilitating condition. But the activities of claim firms make life more difficult for those with a genuine injury.”


VANCOUVER, British Columbia, Dec. 02, 2016 (GLOBE NEWSWIRE) -- Mojo Games, a division of Sterling Group Ventures (OTCQB:SGGV) is pleased to announce a strategic partnership with VLeague Internet Technology Company Limited, a China corporation who is the exclusive online social gaming provider for Alisports' Chess and Card Division. The partnership between VLeague and Mojo has been formed as part of an online strategy to support Alisports' recently announced plans to launch a worldwide poker tour. Officials from the Alibaba Sports Group held a press conference Tuesday in Shanghai to announce the International Poker Tour (IPT), a new poker tour with events to take place in China, Asia Pacific, North America and Europe with an estimated more than $7 million in tournament prize money to be awarded over the first year of the tour. To view the 'Photo of Press Conference held in Shanghai', please visit: [http://orders.newsfilecorp.com/files/1075/23874_a1480661641549_5.jpg] VLeague will work together with Mojo to provide Mojo's leading social iGaming platform and online poker technology to power the Alisports' online IPT site. Players will have the opportunity to compete in online poker tournaments to win seats to Alisports' land based poker tour events. Players will also be ranked based on their tournament play in online and offline IPT events. Siliang Hao, the Head of AliSports' Chess and Card Division said: "Launching our online IPT tournaments in partnership with VLeague and Mojo's social iGaming platform and poker games ensures we provide our IPT players with a fair, competitive and entertaining online poker experience. The IPT online site is a key part of our strategy to make the Alisports International Poker Tour a leading event in China and worldwide" Fred Liu, CEO, VLeague, said: "We are committed to a successful long term partnership with Alisports leveraging Mojo's technology to provide a top grade solution for Alisports. The Mojo social iGaming platform provides us with a flexible turnkey solution that allows us to tailor our poker and social gaming offering to meet the needs of Alisports. It also gives us the ability to integrate new games seamlessly in the future." Nick Mellios, CEO, Mojo, said: "The partnership opportunity with VLeague to support Alisports is a great win for us which we expect will significantly increase our global reach and generate considerable recurring revenue in future years. We are delighted that we have been chosen and we look forward to helping our partners make the IPT a tremendous success." About Mojo Games, a division of Sterling Group Ventures Mojo Games provides a B2B multi-gaming platform with a full suite of social play money gaming products, including online poker. Mojo offers B2B partners both API integrated and turnkey white label licensing options with advanced and customizable iGaming back-office features, player rewards and marketing, affiliate, and ecommerce solutions. About VLeague Internet Technology Company Limited Established by Emerald America Investment Company (Hong Kong), VLeague Internet Technology specializes in the organization, publication and execution of international software platforms in China. VLeague's professional team is known for its placement and networking capabilities, connecting and integrating multiple channels, and marketing strength in building business value. ON BEHALF of the BOARD /s/ Nicolaos Mellios                                                Mr. Nicolaos Mellios Chairman & CEO, Sterling Group Ventures For further information, please contact: Sterling Group Ventures Christopher Tsakok, MBA, CFA, Director Phone: (604) 684-1001 Fax: (604) 684-1001 www.mojo.game VLeague Internet Technology Company Limited Fred Liu, CEO fred_liu@vleague.com.cn Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.


WASHINGTON, Feb. 15, 2017 /PRNewswire/ -- If you joined the U.S. armed forces after 2006 or will do so before the end of 2017, the Investor Protection Trust (IPT) and Investor Protection Institute (IPI) have some important information you need to see about your financial future. Also...

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