Latest news with #PME
India Today
5 days ago
- Health
- India Today
Hyderabad man dies after eating leftover refrigerated meat, food poisoning suspected
A man has died and three others are in critical condition following suspected food poisoning in Hyderabad, after a family of nine consumed leftover non-vegetarian food stored in a refrigerator. The incident occurred in Vanasthalipuram, where 46-year-old Srinivas Yadav, a conductor at the Falaknuma Road Transport Corporation depot, had cooked chicken, mutton, and boti (goat intestines) on Sunday to celebrate the Bonalu festival with his family and visiting meal was shared with his 38-year-old wife Rajitha, daughters Lahari, aged 17, and Jasmitha, aged 15, his 65-year-old mother Gowramma, as well as Rajitha's brother Santosh Kumar, aged 39, his wife Radhika, aged 34, and their daughters Poorvika, aged 12, and Krithagna, aged Monday, the family reportedly reheated and ate the leftover meat. Soon after, several members began experiencing symptoms such as vomiting and diarrhoea. All nine were rushed to a nearby hospital for treatment. Despite medical efforts, Srinivas Yadav died on Tuesday. Doctors said three others remain in critical condition, while the rest are under close to Vanasthalipuram Police, 'One person has died and PME report is awaited, as all the family members are undergoing treatment, the formalities including funeral is to be done. Preliminary investigation indicates that food poisoning is the cause of death. The family consumed the intestines of the goat and some chicken as well. They had reheated the stored food. Further investigation into the case is ongoing.'Officials from the health department have urged the public to exercise caution when handling and consuming stored meat and other perishable food items, particularly during warm weather conditions.- Ends IN THIS STORY#Hyderabad#Telangana
India Gazette
26-06-2025
- India Gazette
Delhi: Female patient sexually assaulted by co-patient, dies during treatment at GTB Hospital
New Delhi [India], June 26 (ANI): A female patient, allegedly sexually assaulted by a co-patient inside Jag Pravesh Chandra (JPC) Hospital in Delhi, passed away during her treatment at the Guru Teg Bahadur (GTB) Hospital on Wednesday. Information regarding sexual assault against a female patient in JPC hospital was received at the New Usmanpur Police Station on Monday. During the enquiry, it came to light that she was admitted to the hospital on June 21. During treatment, when she went out of the ward, an alleged incident of molestation with her was reported, following which legal action has been taken under appropriate sections of law by PS New Usmanpur. She was subsequently referred to GTB Hospital for specialised treatment. As per her medico-legal case (MLC), no visible external injuries were noted at the time of examination. On Wednesday, GTB Hospital informed that the patient passed away during the course of treatment. In this regard, a case has already been registered, and further legal action will be initiated on the basis of PME reports. Earlier on Monday, as the police received the information regarding the alleged sexual assault, they said, 'On reaching the spot, the police team found that a female patient admitted in the hospital had been sexually assaulted by another patient, identified as Mohd. Faiz, a resident of Kachchi Khajuri, aged 23 years.' They added that a case under relevant sections has been registered at PS New Usmanpur, and the accused has been arrested. Further investigation is in progress. In a separate case, earlier this month, a minor girl died due to injuries on her face at a hospital after she was allegedly sexaully assaulted in the National Capital, Delhi Police said in a statement. Police said they received a call regarding the sexual assault of a minor on June 7 at 8:41 pm at Dayalpur police station. The girl was brought to JPC Hospital by her father in an unconscious state, where doctors declared her dead on arrival. Medical staff observed visible injuries on her face and suspected sexual assault, police said. A case was registered under sections 103(1), 66, and 13(2) of the Bharatiya Nyaya Sanhita (BNS), along with relevant sections of the Protection of Children from Sexual Offences (POCSO) Act. (ANI)
Bloomberg
17-06-2025
- Business
- Bloomberg
Banco Montepio Sees Deposits, Loans Growing in Next Three Years
Banco Montepio expects to grow in loans and deposits as the Portuguese lender aims to increase its market share among clients including small- and medium-sized companies. Portugal's oldest bank sees deposits and credit growing about €4 billion ($4.6 billion) in total in the next three years, Chief Executive Officer Pedro Leitao said in an interview in Lisbon. Demand remains strong in sectors including tourism and housing, he said.
Yahoo
27-05-2025
- Business
- Yahoo
US Fund Managers Put on Notice by $65 Billion Dutch Investor
(Bloomberg) -- Dutch pension fund PME is issuing a blanket warning to US money managers, amid concerns America's investment industry is caving in to pressure from the Trump administration to abandon basic principles of stewardship. UAE's AI University Aims to Become Stanford of the Gulf NY Wins Order Against US Funding Freeze in Congestion Fight They 'aren't condemning what Trump is doing and how he is operating and how he is handling issues like climate change and demolishing the judiciary,' Daan Spaargaren, senior strategist for responsible investing, said in an interview. 'We are worried about that.' PME, with assets under management of about €57 billion ($65 billion), is the latest in a string of pension funds in Europe to express such concerns. Earlier this year, State Street lost mandates in Scandinavia and the UK after it withdrew from a major climate alliance for the industry. PME has already made clear it's reviewing a €5 billion mandate with BlackRock Inc., after the world's largest asset manager quit a key net zero coalition. It expects to make a decision in the coming weeks. 'We are now looking at the equity portfolio, so currently it's only BlackRock,' Spaargaren said. 'When we assess other asset categories as well, so also the bond portfolios, then we will also evaluate the managers that are managing those funds.' BlackRock has said that it's a 'global leader' in sustainable and transition investing, and that it offers climate-focused clients in Europe a choice of products that deliver performance in line with their preferences. Spaargaren says PME has come to the conclusion that 'existing frameworks on benchmarking different asset managers — the old frameworks — are not working anymore.' The administration of President Donald Trump has attacked the judiciary and is in the process of derailing America's energy transition. It has also sought to wipe out diversity, equity and inclusion policies, dubbing these 'illegal.' It's a political development that requires the investment industry to take a stand, Spaargaren said. If asset managers 'align their interests and their policies with the current administration in the US, then we are legitimizing also these steps and these practices by offering them our funds,' he said. PME is now 'evaluating' next steps, Spaargaren said. Whether it stays invested in companies — or holds on to existing external mandates — will depend on the outcome of a revised screening process the pension fund has introduced, he said. The new filter will assess holdings based on parameters such as how well investments support good governance, freedom of association, as well as environmental considerations such as water scarcity. It will also automatically exclude passively managed equity investments in emerging markets because of the perceived environmental, social and governance risks. Spaargaren says investors need to adapt to what's become a fundamental split between values in Europe and those being promoted by the Trump administration. 'There is now a divide between European and American asset managers,' which is 'quite' clear when it comes to engagement, active ownership, membership of climate initiatives and voting, he said. Key is watching how firms navigate the Trump administration, he said. Others in Europe have made similar points. Last week, a senior portfolio manager at Allianz Global Investors warned that Republican policies under Trump mean the US may no longer offer a 'reliable investment runway.' PME currently uses a number of the biggest US asset managers to help oversee its portfolio. The fund reviews those mandates on an annual basis. A list on its website is set to be updated around June 30. 'We need asset owners that take more ownership on how their funds are being invested,' Spaargaren said. Europe's pension funds and insurers face increasing demands from clients and regulators to address ESG factors, particularly climate. In addition to being the fastest warming region in the world, Europe is home to the toughest requirements around disclosing environmental and social harms, and addressing work-place inequities. PME began work on the ESG screen back in 2022, as it became increasingly clear that things like simple bans on oil investments weren't enough to create a 'future-proof' portfolio of companies, Spaargaren said. Back then, 'we thought the wrong way,' he said. 'We thought that excluding would leave us with a sustainable portfolio, but we were just focusing on excluding harmful activities instead of focusing which companies, which sectors, were necessary for a more sustainable future.' The Dutch pensions investor is rolling out its new ESG screen this year, starting with equities. It's already cut the universe in which it will invest by roughly two-thirds, to around 1,000 stocks. US companies have the opportunity to persuade institutional investors like PME that they're not caving in to Trump's agenda, which includes continuing to provide clear ESG disclosures, Spaargaren said. 'The problem is if companies stop reporting on diversity, equity and inclusion or on climate,' he said. Though PME has regularly reviewed its external managers, Spaargaren says this time is 'different.' It's 'a new situation when it comes to the attitude of asset managers in the US,' he said. 'They sometimes align with, or go very easy on what's going on in the US.' And the worry is that 'it's more fundamental than just another administration.' (Adds PME comment on BlackRock in fourth paragraph, comment on asset managers in 16th.) Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Why Apple Still Hasn't Cracked AI Inside the First Stargate AI Data Center Millions of Americans Are Obsessed With This Japanese Barbecue Sauce How Coach Handbags Became a Gen Z Status Symbol ©2025 Bloomberg L.P.
Yahoo
27-05-2025
- Business
- Yahoo
US Fund Managers Put on Notice by $65 Billion Dutch Investor
(Bloomberg) -- Dutch pension fund PME is issuing a blanket warning to US money managers, amid concerns America's investment industry is caving in to pressure from the Trump administration to abandon basic principles of stewardship. UAE's AI University Aims to Become Stanford of the Gulf Pacific Coast Highway to Reopen Near Malibu After January Fires They 'aren't condemning what Trump is doing and how he is operating and how he is handling issues like climate change and demolishing the judiciary,' Daan Spaargaren, senior strategist for responsible investing, said in an interview. 'We are worried about that.' PME, with assets under management of about €57 billion ($65 billion), is the latest in a string of pension funds in Europe to express such concerns. Earlier this year, State Street lost mandates in Scandinavia and the UK after it withdrew from a major climate alliance for the industry. PME has already made clear it's reviewing a €5 billion mandate with BlackRock Inc., after the world's largest asset manager quit a key net zero coalition. It expects to make a decision in the coming weeks. 'We are now looking at the equity portfolio, so currently it's only BlackRock,' Spaargaren said. 'When we assess other asset categories as well, so also the bond portfolios, then we will also evaluate the managers that are managing those funds.' BlackRock has said that it's a 'global leader' in sustainable and transition investing, and that it offers climate-focused clients in Europe a choice of products that deliver performance in line with their preferences. Spaargaren says PME has come to the conclusion that 'existing frameworks on benchmarking different asset managers — the old frameworks — are not working anymore.' The administration of President Donald Trump has attacked the judiciary and is in the process of derailing America's energy transition. It has also sought to wipe out diversity, equity and inclusion policies, dubbing these 'illegal.' It's a political development that requires the investment industry to take a stand, Spaargaren said. If asset managers 'align their interests and their policies with the current administration in the US, then we are legitimizing also these steps and these practices by offering them our funds,' he said. PME is now 'evaluating' next steps, Spaargaren said. Whether it stays invested in companies — or holds on to existing external mandates — will depend on the outcome of a revised screening process the pension fund has introduced, he said. The new filter will assess holdings based on parameters such as how well investments support good governance, freedom of association, as well as environmental considerations such as water scarcity. It will also automatically exclude passively managed equity investments in emerging markets because of the perceived environmental, social and governance risks. Spaargaren says investors need to adapt to what's become a fundamental split between values in Europe and those being promoted by the Trump administration. 'There is now a divide between European and American asset managers,' which is 'quite' clear when it comes to engagement, active ownership, membership of climate initiatives and voting, he said. Key is watching how firms navigate the Trump administration, he said. Others in Europe have made similar points. Last week, a senior portfolio manager at Allianz Global Investors warned that Republican policies under Trump mean the US may no longer offer a 'reliable investment runway.' PME currently uses a number of the biggest US asset managers to help oversee its portfolio. The fund reviews those mandates on an annual basis. A list on its website is set to be updated around June 30. 'We need asset owners that take more ownership on how their funds are being invested,' Spaargaren said. Europe's pension funds and insurers face increasing demands from clients and regulators to address ESG factors, particularly climate. In addition to being the fastest warming region in the world, Europe is home to the toughest requirements around disclosing environmental and social harms, and addressing work-place inequities. PME began work on the ESG screen back in 2022, as it became increasingly clear that things like simple bans on oil investments weren't enough to create a 'future-proof' portfolio of companies, Spaargaren said. Back then, 'we thought the wrong way,' he said. 'We thought that excluding would leave us with a sustainable portfolio, but we were just focusing on excluding harmful activities instead of focusing which companies, which sectors, were necessary for a more sustainable future.' The Dutch pensions investor is rolling out its new ESG screen this year, starting with equities. It's already cut the universe in which it will invest by roughly two-thirds, to around 1,000 stocks. US companies have the opportunity to persuade institutional investors like PME that they're not caving in to Trump's agenda, which includes continuing to provide clear ESG disclosures, Spaargaren said. 'The problem is if companies stop reporting on diversity, equity and inclusion or on climate,' he said. Though PME has regularly reviewed its external managers, Spaargaren says this time is 'different.' It's 'a new situation when it comes to the attitude of asset managers in the US,' he said. 'They sometimes align with, or go very easy on what's going on in the US.' And the worry is that 'it's more fundamental than just another administration.' (Adds PME comment on BlackRock in fourth paragraph, comment on asset managers in 16th.) Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Why Apple Still Hasn't Cracked AI Inside the First Stargate AI Data Center How Coach Handbags Became a Gen Z Status Symbol Millions of Americans Are Obsessed With This Japanese Barbecue Sauce ©2025 Bloomberg L.P. Sign in to access your portfolio
