Team ‘Trabaho’ scores championship title at the last leg of Smart Siklab Saya Manila Chinese-manned vessel unsettles Bohol town Popovic though, walked it off and finished the match.Rykhliuk led Volero with 30 points while Dobriana Rabadzhieva and Foluke Akinradewo each had 11.Zhu Ting had 31 points to lead VakifBank while Milena Rasic added 20.ADVERTISEMENT Volero head coach Zoran Terzic said it’s a big confidence boost for their team to beat VakifBank, the 2013 World champions, and it shows the bronze medalists from last year’s tournament has the caliber to play against the best clubs in the planet.“It was a very very interesting game,” said Terzic whose team has a 3-0 record is the first to advance to the semifinal round from Pool B. “Also it’s very important for Volero, for the players, that they can win against VakifBank.”FEATURED STORIESSPORTSGinebra teammates show love for SlaughterSPORTSWe are youngSPORTSCone plans to speak with Slaughter, agent“VakifBank is one of the strongest teams in the world.”A scary moment, though, happened to Volero when libero Silvija Popovic and spiker Olesia Rykhliuk collided early in the fifth set. MOST READ Mainland China virus cases exceed 40,000; deaths rise to 908 EDITORS’ PICK BREAKING: Solicitor General asks SC to forfeit ABS CBN’s franchise Smart hosts first 5G-powered esports exhibition match in PH Don’t miss out on the latest news and information. Where did they go? Millions left Wuhan before quarantine Durham rues crucial miss: I thought it went in We are young 30 Filipinos from Wuhan quarantined in Capas View comments Sports Related Videospowered by AdSparcRead Next Brad Pitt wins his first acting Oscar as awards get underway Taiwan minister boards cruise ship turned away by Japan PLAY LIST 01:31Taiwan minister boards cruise ship turned away by Japan01:33WHO: ‘Global stocks of masks and respirators are now insufficient’01:01WHO: now 31,211 virus cases in China 102:02Vitamin C prevents but doesn’t cure diseases like coronavirus—medic03:07’HINDI PANG-SPORTS LANG!’03:03SILIP SA INTEL FUND Volero Zürich vs Bangkok Glass. INQUIRER PHOTO/Sherwin VardeleonVolero Zurich dug deep into its bag of tricks and survived VakifBank Istanbul in five sets, 25-22, 27,-25, 16-25, 12-25, 16-14 and stayed undefeated in the preliminary stages of the FIVB Women’s Club World Championship Thursday at Mall of Asia Arena.Mariana Costa, who has played sparingly for Volero in their first two matches, was the heroine in the third set as she scored eight points including the match winner that bounced off the block of VakifBank.ADVERTISEMENT BREAKING: Solicitor General asks SC to forfeit ABS CBN’s franchise
As the season of sharing and spreading goodwill beckons, Commander of ‘F’ Division (Bartica/Interior Locations) Ravindranauth Budhram hosted a grand Christmas party for the children of Bartica, Region Seven (Cuyuni/Mazaruni).Commander Ravindranauth Budhram interacting with the children during the partyThe party was held for the members of the Agatash Youth Group and kept at the Agatash Community Centre. The attendees amounted to some 85 youths with ages ranging between five and 16. During the party, the children were gifted with presents and involved in several activities such as singing Christmas carols.The event was supported by parents, residents and the business community in Bartica. The Christmas party is part of the ‘F’ Division Christmas plans for youths in the community.According to Divisional Commander Budhram, this initiative was undertaken as part of efforts to engage youths within the Division in constructive activities. This is in recognition of the fact that youths are the future and special attention needs to be paid to them to ensure they are kept on the right path growing up.“We have to engage them at an early stage in their life to aid in a safe and healthy environment,” he stated, and added that it was heartwarming to see the excitement and pure joy on the faces of the children.
TRENTON, N.J. – Johnson & Johnson said Monday that it is buying Pfizer Inc.’s consumer health care unit for $16.6 billion in a nearly all-cash deal that strongly boosts J&J’s smallest division. The purchase would give New Brunswick, N.J.-based Johnson & Johnson products including Listerine, Visine, Neosporin and Lubriderm to add to its stable of name brands such as Reach toothbrushes, Acuvue contact lenses, Band-Aids and Neutrogena. J&J also would see nonprescription Pfizer drugs such as Sudafed, Zantac and Nicorette join its Tylenol, Motrin and Monistat, nearly doubling current over-the-counter drug revenues. Pfizer had been reviewing its options for the division, which reported sales of $3.9 billion in 2005, since February so it could focus on its prescription-drug business. The deal comes after J&J lost an intense bidding war to rival Boston Scientific, which acquired heart-device maker Guidant Corp. for $27 billion in April. Weldon said J&J “had the discipline to step out” when the price got too high, but that the loss of Guidant was unrelated to the Pfizer deal. Independent pharmaceuticals analyst Hemant Shah said J&J paid a “scarcity premium” to beat out competitors for the assets, doling out more than four times the Pfizer unit’s annual revenues. It was “the highest I’ve ever seen for consumer products,” he said. “This will make them by far the largest” consumer health company, Shah said, with a very stable new business with steady mid-single-digit growth likely as long as J&J invests enough in advertising and product updates and spinoffs. Johnson & Johnson, which had $50.5 billion in 2005 revenues, will also acquire the U.S. over-the-counter switch rights to the prescription nonsedating antihistamine Zyrtec upon patent expiration. Weldon said that with approximately $17 billion in cash on hand, J&J will cover the purchase mainly with cash, plus some “complementary short-term borrowing.” The deal will dilute earnings per share by 22 cents over 2007. That year, J&J will take a 3-cent charge for acquiring inventory of Pfizer products, and it will take a 7-cent annual charge for the next 15 years to write down the products’ brand-name value. The deal, approved by both companies’ boards, is subject to shareholder and U.S., European and Canadian regulatory approval. It is expected to close by year-end and boost Johnson & Johnson’s earnings in 2009. By then, J&J executives expect $500 million to $600 million in annual savings from cutting overlap. Weldon told analysts on a conference call that not only will the new consumer products drive growth, but the consumer business is the lowest risk of the company’s segments. Shah said that’s because they don’t face generic competition that slashes revenues quickly. Still, he said, J&J needs other sources of growth, with its pharmaceuticals slowing down dramatically. Pfizer, meanwhile, should see about $13.5 billion of the $16.6 billion sale price after taxes, and expects about $34 billion in cash flow over the next 30 months. Pfizer Vice Chairman David Shedlarz said in an interview that the company’s primary goal is to reinvest at least half of that on developing and acquiring new therapies. “It’s a deal of contradiction because one company (Pfizer) thinks that the way to go is away from diversification,” Shah said. “The other company (J&J) is diversifying” away from pharmaceuticals. Pharmaceuticals analyst Steve Brozak of WBB Securities sees a similar pattern across the drug industry. As companies scramble to cover huge losses from blockbusters losing patent protection, he said, Pfizer is focusing more on developing new drugs and Johnson & Johnson on growing overall revenues. Pfizer plans to buy back up to $17 billion in shares, including up to $7 billion this year and $10 billion in 2007. Weldon said the deal won’t affect J&J’s $5 billion share repurchase plan, announced earlier this year and already more than 40 percent complete. Pfizer shares rose 37 cents, or 1.6 percent, to close at $23.01, while J&J shares fell $1.11, or 1.8 percent, to end at $60.21 on the New York Stock Exchange.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2Johnson & Johnson Chairman and Chief Executive William C. Weldon said such strong products rarely come on the market. “These are extraordinary assets that will bring sustainable long-term value to the shareholders of Johnson & Johnson,” Weldon said. He said the deal helps the company with its strategy of balancing its three business segments. With the acquisition, prescription drugs and the medical devices and diagnostics unit will account for 40 percent and 35 percent of revenues, respectively, and consumer products will jump from 18 percent last year to 25 percent. “This allowed us to solidify the position we have in the consumer area,” Weldon told The Associated Press. “We continue to look in the medical devices and diagnostics area for opportunities,” as well as in pharmaceuticals, he said.
The 49th International Mathematical Olympiad, held in Madrid, Spain, in 2008. (Image: 49th IMO) Intense concentration as a participant solves her maths problem. (Image: 49th IMO)Janine ErasmusSouth Africa is hosting the 19th Pan-African Mathematics Olympiad, an annual event organised by the African Mathematical Union (AMU) that brings together the brightest minds on the continent. The event takes place in Pretoria from 19 to 26 April 2009.Entry into the prestigious competition, which is supported by the national Department of Science and Technology and organised by the South African Mathematics Foundation, is by invitation only. The event is held in both French and English, and the objective is to nurture talent and share information on teaching methods and mathematics curricula across the African continent.In 2009 there will be 13 countries taking part – Niger, Burkina Faso, Senegal, Kenya, Benin, Zimbabwe, Nigeria, Algeria, Uganda, Mali, Mozambique, the Ivory Coast and the hosts, South Africa. Each team consists of a leader who is a mathematics teacher at secondary or tertiary level, and four pupils, all of whom must be younger than 20 years old on the day of the second examination paper, and must not be enrolled in any post-secondary institution.At the end of the event an international jury will award the gold, silver and bronze individual medals as well as the medals for the top three countries. There will also be special prizes and honourable mentions, and every participant will receive a certificate.Encouraging creative thinkingAccording to the Department of Science and Technology, the event will create an environment that will provide opportunities for creative thinking for mathematically inclined minds in the technological environment. The South African government, in partnership with the private sector, is actively looking to boost the country’s international competitiveness in all spheres of technology.South African has participated in the Pan-African Olympiad for a number of years. The country took top honours in 2000 – its début year of participation – as well as in 2002, 2003, 2006, 2007 and 2008, and is hoping to repeat this notable achievement in 2009 with its two teams.These are made up of some of the brightest young mathematical minds in the country. The official team comprises Arlton Gilbert (Star College, Durban), Dessi Nikolov (Eunice High School, Bloemfontein), Greg Jackson (Diocesan College, Cape Town) and Hlanganani Shibambo (Wordsworth High School, Benoni).In the unofficial team are Sean Wentzel (Westerford High School), Kira Düsterwald (Springfield Convent), Charl du Plessis (Stellenberg High School), Ashraf Moolla (Rondebosch Boys’ High School) and Rofhiwa Mauda (Mbilwi Secondary School). With the exception of Mbilwi School in Sibasa, Limpopo province, all pupils in the unofficial team come from schools in Cape Town.In 2008 Thomas Weighill of Paarl Boys’ High School was the top participant overall, and Dessi Nikolov of Eunice High School in Bloemfontein came third, and was also the top girl.The country has fared less spectacularly in the international version of the event, coming in 44th in 2008 and 68th in 2007. South Africa has participated in the International Mathematical Olympiad since 1992 and its best performance came in 2000 when it took 27th place.The origins of mathsEvidence exists to show that mathematics was born in Africa, and mathematicians from the continent are in agreement that Africa has every right to reclaim its place at the global forefront of the discipline.A notched calendar stick over 35 000 years old, discovered recently in the Border cave in the Lebombo mountains in the eastern part of the Southern Africa, is the oldest mathematical artefact known. The stick, known as the Lebombo bone, is a tally stick – a tool on which cuts were made to keep a count or a score – with 29 distinct notches that were deliberately cut into a baboon’s fibula. The ancient artefact resembles the calendar sticks still used by Bushmen in Namibia.The written form of the science also originated in Africa, when the pyramid-builders of ancient Egypt used papyrus to notate their calculations and formulae around 5 000 years ago. And 2 000 years ago in the great Egyptian city of Alexandria, mathematics developed fully into a rigorous axiomatic subject, notably through the efforts of great scholars such as Ptolemy and the Greek mathematician Euclid.Developing maths in AfricaThe African Mathematical Union is the continent’s equivalent of the International Mathematical Union, and is dedicated to the development of mathematics in Africa. Founded in 1976 at the first Pan-African Conference of Mathematicians held in Rabat, Morocco, the AMU was presided over by renowned Cameroonian mathematician and politician Henri Hogbe Nlend until 1986.The AMU’s second president was Nigerian academic Aderemi Kuku who at the time was head of the Department of Mathematics at Ibadan University. The Union set up four commissions in 1986 – the Commission on the History of Mathematics in Africa; the Commission on Women in Mathematics in Africa; the Commission Mathematics Education; and the Commission on Mathematics Olympiad.The third Pan-African Congress of Mathematicians was held in 1991 in Nairobi, Kenya, where Kuku was re-elected and served another presidential term of office. At the fourth congress held in 1995 in Ifrane, Morocco, Ahmed Kerkour, president of the Moroccan Mathematical Society and also of the Al Akhawayn University, was elected AMU president.During the same year the newly democratic South Africa joined the AMU, and the 2000 congress was held in Cape Town. Here South Africa participated for the first time in the Pan-African Mathematics Olympiad.Professor Jan Persens of the University of the Western Cape, South Africa, took over the presidency of the AMU from Kerkour in 2000.Since 1978 the AMU has published the journal Afrika Matematika.Do you have queries or comments about this article? Contact Janine Erasmus at [email protected] articlesTeam SA to debate at model UN Education in South AfricaUseful linksAfrican Mathematical UnionSouth African Mathematics FoundationDepartment of Science and TechnologySouth African Agency for Science and Technology AdvancementAfrika MatematicaMathematicians of the African Diaspora49th International Mathematical Olympiad (Spain)International Mathematical Olympiad
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“We just have to play a lot better and play much closer to what we’re capable of,” he added.Sports Related Videospowered by AdSparcRead Next “We have to accept the humility of the scenario, we have to get back to understanding what we do well, and sort of rediscover who we are,” said Baldwin, moments after emerging from the Ateneo dugout at Smart Araneta Coliseum on Sunday night.“It’s there, there’s no question that it’s still there. But today I thought we played like a young team, and we shouldn’t. Yes, there’s youth there, but we’ve been together long enough and we shouldn’t play like a young team. We have to figure it out.”FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingThe Tamaraws seemed to have the Eagles all figured out as they started strong and finished even stronger to send their Final Four matchup to a do-or-die affair this Wednesday at Mall of Asia Arena.While Baldwin acknowledged FEU’s brilliance, the American coach said the defeat was also due to his players lacking confidence with their shots. MRT 7 on track for partial opening in 2021 Two weeks ago, Ateneo was flirting with a perfect UAAP Season 80 elimination round and an outright finals berth.But two successive losses, including a 67-80 defeat to Far Eastern U in the Final Four, has put the Blue Eagles’ impressive campaign in peril, a scenario which coach Tab Baldwin said is humbling for his team.ADVERTISEMENT MOST READ ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH 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 Games Cash incentive, more allowance await world champ Tabora The Fatted Calf and Ayutthaya: New restos worth the drive to Tagaytay Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Baldwin said his team shot “abysmally” in contrast to the Tamaraws, whom he described as “sharper on both ends of the floor.”Ateneo shot just 36 percent from the field, including 31 percent from beyond the arc.For a team that hardly showed any weakness in the elimination round, the sputtering performance by the Eagles came as a surprise.“I think FEU played real well,” he said. “They had a good game plan, we shot the ball just abysmally. We had open shots particularly in the first half, and we didn’t hit them. I think our confidence kind of went down, and I hate to see that because with young kids, you don’t ever want to see their confidence sort of erode a little bit.”Baldwin feels this type of adversity will only strengthen his players, saying he can already feel the urgency within the team.ADVERTISEMENT View comments Jordan delivers on promise: 2 Cobra choppers now in PH Malditas save PH from shutout After 30 years, Johnlu Koa still doing ‘hard-to-make’ quality breads Don’t miss out on the latest news and information. Hotel says PH coach apologized for ‘kikiam for breakfast’ claim LATEST STORIES