Ride hailing firm Grab secures up to $700 million in debt facilities

SINGAPORE (Reuters) – Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], said on Friday it had secured debt facilities of up to $ 700 million to help it create the largest car rental program in southeast Asia.

FILE PHOTO: People wait for the start of Grab’s fifth anniversary news conference in Singapore June 6, 2017. REUTERS/Edgar Su/File Photo

The company also said it had signed a partnership with Singaporean public transport operator SMRT, which will give it exclusive access to SMRT’s taxi and private car fleet management capabilities, along with its network of taxis and Strides private-hire cars.

It also said it would have the largest car rental fleet in Southeast Asia by the fourth quarter of 2018.

Reporting by Aradhana Aravindan; Editing by Edwina Gibbs

Our Standards:The Thomson Reuters Trust Principles.


Containers will be a $2.6B market by 2020, research firm says

CIO Cloud Computing

Oracle will buy cloud warehouse management applications firm LogFire

Oracle will acquire LogFire, a provider of cloud-based warehouse management applications, with the aim of boosting the features of its supply chain management cloud offering.

The Redwood Shores, California, software and cloud giant expects that the addition of the LogFire applications will complement the logistics functionality of its Oracle Supply Chain Management (SCM) Cloud by adding warehouse management capabilities.

The financial terms of the proposed acquisition of the Atlanta, Georgia, firm were not disclosed. The management and employees of LogFire, which was started in 2007,  will join the Oracle SCM Cloud team.

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InfoWorld Cloud Computing

Microsoft to acquire data protection firm Secure Islands

Microsoft announced Monday that it has made a deal to acquire Secure Islands, an Israeli company that focuses on protecting companies’ data. Neither company disclosed the terms of the deal.

The acquisition will help Microsoft level up its Azure Rights Management Service, which lets companies protect files individually and in bulk with tools that ensure they aren’t opened or modified by people who are unauthorized to do so. Secure Islands’s services include data classification technology that automatically detects the creation of new files from a variety of sources and then applies a protection policy to it.  

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Computerworld Cloud Computing

Microsoft to acquire data protection firm Secure Islands

Microsoft announced Monday that it has made a deal to acquire Secure Islands, an Israeli company that focuses on protecting companies’ data. Neither company disclosed the terms of the deal.

The acquisition will help Microsoft level up its Azure Rights Management Service, which lets companies protect files individually and in bulk with tools that ensure they aren’t opened or modified by people who are unauthorized to do so. Secure Islands’s services include data classification technology that automatically detects the creation of new files from a variety of sources and then applies a protection policy to it.  

To read this article in full or to leave a comment, please click here

CIO Cloud Computing

Global Financial Services Firm Chooses DataServ for SaaS Purchase to Pay Automation

DataServ, the global Software as a Service (SaaS) enterprise content management (ECM) provider of document and process automation solutions, has been selected to provide Purchase to Pay (P2P) automation to a global financial services firm. DataServ’s SaaS P2P automation solution includes digital mailroom services, with optical character recognition and automated workflow for non-purchase order (PO) invoices, as well as AutoVouch™ for touchless processing of invoices generated through a PO.

DataServ CEO/Founder Jeff Haller says: “With a history dating back well over a half century, our new financial services client has developed a well-earned reputation as an industry leader, and we are thrilled to have been chosen to help streamline their P2P process. We look forward to helping them eliminate paper, reduce bottlenecks, and transition staff to higher value work.”

About DataServ

DataServ is a global SaaS provider of document and process workflow automation solutions for the financial operations and human resources functions. A cloud computing pioneer, they developed the first commercially viable SaaS ECM in the world. Serving organizations worldwide since 1994, DataServ streamlines and lowers costs within Accounts Payable via their P2P solution set (including Expense Report Automation and Purchase Order Requisition Automation), Accounts Receivable with Quote to Cash (Q2C), and Human Resources through Hire to Retire (H2R) by capturing documents and data and automating business processes.

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Health Advice On the web Can Be Quite Helpful

As someone who devoted a great number of years with no medical health insurance, I’d often look for health advice online and observed that it was very helpful. Just like most people, I had been extremely suspicious about getting this sort of tips on the internet in the beginning, because I didn’t know whether or not to trust that it was an authentic physician that was giving me counsel.

I discovered, however, that there are numerous avenues to find reliable health advice online, where doctors take time to address your questions concerning health and wellness. All you’ve got to do is look for them.

One web page that I like to visit for medical advice is medhelp.org, to seek advice about health concerns or health related matters to get help and advice from an actual doctor. It has been very helpful in my experience, because I’d personally always have to tell them that I did not have a regular doctor and get what was the best way to treat anything without a doctor prescribed medicine.

Something which I’ve come across a lot with internet medical advice is that whoever is giving it will advise that you see your own frequent doctor or physician for the right prognosis. Whenever a doctor’s visit will cost you well over $100, nonetheless, and you don’t know how much a medication will probably be, that is not usually probable.

An additional site that I like to visit for online health advice is WebMD.com. This website does not permit you to inquire particular questions to doctors, however it does provide the chance for self-diagnosis by entering the actual signs and symptoms you might have and the area of the human body being afflicted. It is often an extremely useful device personally when I have experienced specific discomfort.

You will find all kinds of sites that allow you to describe the symptoms which you have been having and for just how long, and they’ll supply you with a standard diagnosis of what the problem may be. It isn’t an alternative to a doctor’s visit and I guess theoretically it wouldn’t be regarded as online health advice, however it can be helpful in terms of providing you with an idea of what you are experiencing.

Even today that I possess medical health insurance, I still find myself taking a look at many of these web sites for online medical health advice, and have in no way truly been led astray by doing this, or endured any problems on my road to recovery.

I do believe that when you are looking for online medical advice, just use your head. If you are able to get hold of a genuine physician who diagnoses you and implies something which appears peculiar when it comes to remedy, he’s probably not legitimate. I have not encountered anything like this, nevertheless, and such internet sites can be extremely valuable in terms of getting a concept of just what medical issues you could have.

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Lawyer Jobs – Are They Attractive Anymore?

Have you ever seen the new legal series on ABC, The Deep End? The freshman corporate lawyers on the show lead attractive lives; they spend their days in snappy suits, just work at a civilized speed, acquire appreciation and wish from their superiors, and also have the hard work for teasing, modest talk and the small pleasures of a white-collar job. Life in the fictional superrich law office of Sterling Huddle Oppenheim & Craft in the show, seems as removed from everyday activity as it actually is, played out as it is in a glass skyscraper high above Los Angeles. The only real allocation made to actuality in the show comes from tough-man grumblings of how they have got to control with all the workload. The show was written 2 years ago, in the days before the meltdown, and in today’s environment of factory lawyer jobs, it appears pathetically outdated.

There won’t be any more starting salaries closing in on $200,000 a year; there won’t be any business incentives, simply no fast tracks to partnership, and certainly no champagne and deep massages in the evenings. The legal profession is within one of its worst low points in years. Lawyer tasks are being cut almost everywhere – there were nearly 5000 cutbacks this past year. Excellent legal employment today would be being employed at all, in a new job, maybe, shielding the poor for a living income. Legal professionals these days get paid for the results they bring in, not for potential. The pressure to execute is persistent, and could drive fresh law graduates to enjoyably include an alternative job, tending bar.

Students who started law school a few years ago when it was all roses and bubbly, joined, after graduation, an enormous amount of transformed rules in legal employment. They woke up from their desires for popularity and fortune into this heedless, dog-eat-dog world. Corporate lawyers have typically found their billable hours originating from real estate, financial services, and the tech industry. All these sectors have experienced terribly in the great economic depression of 2008. There aren’t any more billable hours; jobs get paid through the case. And an associate at a law firm that performs extremely competently in the lawyer work he’s handed, still has no assurance of occupation. Someone who generates business, gains all the perks in litigation, or rallies the team around, and does this all at a major law office and has a significant degree, is still often expendable. Attorneys have definitely been lining up for therapy for tension and melancholy.

Law graduates are even prepared to make a huge pay cut in exchange for reasonable, constant employment; but attorney jobs like that are usually luxurious too in today’s environment. It might be tough to trust it, however lawyer tasks that ask of you nothing greater than a steady civilized pace today, pay only a job flipping burgers at McDonald’s, in case you would go through the hourly rate. They need to be rivaling what lawyers charge over in China, the Philippines and Bangalore. India has made a difference.

Lawyer jobs are being farmed out, outsourced. Lawyers once had battle in them to protest anything that compromised on their privileges. With compromise populating them from every direction, protest and struggle shall no longer be an attorney’s choice.

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How come People get Ankle Sprain Traumas so frequently – Do they do something Improper?

An ankle sprain is a form of injury all of us come by so frequently it’s quite easy to dismiss the trauma as yet another simple twisted ankle. Actually, a twisted ankle is never ordinary; nor minor enough to brush aside. In the event that people would just start to understand the genuine aspect of the trauma an ankle sprain is, they would learn how to care for it, and would keep themselves from falling victim to poor ankle wellness, and repeated episodes. And it’s as well; about 20,000 people every day in this country be taken in by this sort of problem.

As far my perception of the ankle sprain goes, I tumble someplace along the middle. The first time I sprained my ankle had been years ago when I had just got married. It was at the start of the morning, and I was carelessly walking through the leaves covered over the lawn, when somehow I slipped on a slippery muddy area and twisted my foot. As far as I saw then, practically nothing seemed wrong at all; things appears plenty wrong though, after I gave it time. My foot started swelling and the ankle, extremely painful in no time at all; immediately, I’m at the doctor’s clinic, hobbling together with my better half assisting me.

Another occasion, I mysteriously sprained my ankle coming down the steps at an airport. The physician in the airport told me to have my ankle raised and on ice for some hours; I went to bed that evening with my ankle raised. The following morning I had been so well-healed to all appearances, that I could go on my normal walk in the woods.

My reaction to my first ankle sprain was a incorrect since you have to cure a twisted ankle with immediate rest and generous icing. You cannot wait for a number of hours for the inflammation to cripple you and send you to the doctor’s clinic. And the way I cared for my second sprain was incorrect because I assumed that the second the anguish was gone, I could do just about anything to my foot. I really could easily have permanently injured my foot. Ankle sprains are injuries that we get over and over again our entire lives through. And doctors say that the explanation we get repeat injuries is that, we never deal with each sprain with this sort of solicitous care which it needs; we never let it cure properly.

Thinking about exactly how people love to rest, and detest workout, you would think it would be easier to keep individuals off their feet to permit for recovery. The way in which people give themselves inadequate rest after a sprain is a vital reason why 1/3 sprain victims should go on to develop really serious ankle connected disorders later in life. What can be the better approach to take about addressing an ankle sprain then? In the first place, a twisted ankle ought to be entirely immobilized and rested – when it is a simple ankle sprain. For more serious ones, a couple weeks would be much better. Some athletes are one of the most well known for ignoring basic health guidelines such as this. It isn’t often the best measuring stick to determine your circumstances by, how your ankle hurts. Deficiencies in discomfort doesn’t invariably indicate a lack of damage.

The ankle joint is surely a mainly intricate one; all the small bone components within the set up, are held jointly by the intricate series of ligaments, and fibers of connective tissue. Once the ankle is forced in one direction suddenly with a lot force, several ligaments happen to get stretched too rigorous, and rip somewhat. This is when it is an ankle sprain. If you want to wear high heels and if one happens to plant your foot the wrong way that your heel twists, you can be pretty sure that you have damaged a couple of ligaments in your ankle. It generally happens when you are ascending down the stairs.

The obvious way to treat it the moment it happens, is to first get off the foot and rest it; giving it cold compresses with an ice pack may be the next thing to do; and when you are done, to raise the foot and rest it entirely for the day should do it pretty well. An anti-inflammatory pill and a minor medical advice could not hurt either. Should you somehow manage to entirely rip off a tendon, that can heal by itself too without recourse to surgery. You just need to absolutely rest the joint for a week. If you are rested for any longer than that though, you could wind up weakening your ankle muscles through lack of exercise; which will be inviting trouble too. A physiotherapist ought to help you to get back on your own feet with some stretching exercises. The ultimate way to cope with all of this though would be to never falling in the first place. Staying away from high heel pumps, would be a fantastic start there.

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There Is No Way To Heal Heart Problems

When there was clearly a method to cure heart disease, whichever drug company created it might instantaneously turn out to be one of the biggest businesses on the planet. Heart disease is so dangerous, so prevalent, and growing so rapidly, that the capability to get rid of cardiovascular disease may be the ultimate goal of medicine.

Obviously, that doesn’t prevent folks from professing to have healed it. A few web sites say that green tea, organic food and a steady diet of supplements can cure cardiovascular disease. Others – many, many thousands of others beneath the guise of “holisitic” medicine – will claim an assortment of herbal and aromatherapy solutions cure heart problems.

In all circumstances they’re lying. Heart problems can not be cured. It could just be avoided or managed.

Easy methods to avoid heart problems is really quite simple: give up smoking, eat well and exercise. Quitting smoking is the big one. If you are a smoker, you’re roughly twenty-one times more likely to experience heart problems than a non smoker. The harmful chemicals in cigarettes not only hurt your lungs, nevertheless they actually create a build up of fatty deposits inside your veins and blood vessels. Should you opened up the aorta of a smoker, you could squeeze fat out of it like squeezing toothpaste out of a tube. It really is nasty and revolting, but you need to know that is the effect of smoking in your coronary heart.

And when you do smoke cigarettes, it’s not too late to give up. A year after quitting cigarette smoking, your danger of cardiovascular disease decreases by fifty percent. Every cigarette you skip stops from harming oneself just a little more and reduces your risk of heart disease.

The next portion is exercise, particularly cardio exercise. Yes, your dumbells are nice if you want to create huge muscles and impress girls at the beach. But that’s for later on. What you should undertake first is to do “cardio” – whether it’s jogging, going swimming, riding the bicycle, or an aerobics class, whichever. You have to do it not less than three times per week for half an hour, that is the minimum. You need to aim for 5 days, with the objective to getting your heart rate around 170. Not only will this help to make your heart healthier and enhance blood circulation, but it’s going to also burn off fat.

And finally, diet. Steer clear of meals full of saturated fats such as red meat and dairy products. Now and then is ok, but remember, these are indulgences. Rather become accustomed to eating things like fish and white meat chicken, and then try to go at least one meal a day in which you consume absolutely no beef at all. And as always, consume lots of vegetables and fruit. That is not going to get rid of cardiovascular disease, but it’ll avoid it. And deterrence is the best remedy.

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