first_imgThursday 11 March 2021 11:39 am Show Comments ▼ Rolls Royce’s £4bn loss: A sobering reminder of how much damage the pandemic has caused At the time this seemed a touch optimistic, Hewson continued, given that air travel is unlikely to be able to return to any semblance of normal this year, given that the government is embarking on a very slow reopening policy. (Getty Images) Today’s full year results were not any better,and did not come as a surprise for CMC Markets UK chief market analyst Michael Hewson, given the virtual grounding of civil air travel which almost delivered a final coup de grace to the business last year. Management has gone to great lengths to deal with this cash flow problem in order to get the business through to the other side of the pandemic. At its last trading update, the company estimated a free cash flow outflow of £2bn for 2021, which was based on wide body engine flying hours of 55 per cent of the levels of 2019, with an expectation of turning cash flow positive at the end of the second half of this fiscal year, with positive free cash flow of £750m in 2022, based on engine flying hours of 80 per cent of 2019 levels, Hewson noted. “With revenues coming in at £11.76bn, [this is] still well below the £15.45bn we saw in 2019, but certainly much better than had originally been feared all the way back in the late summer of last year.” The launch of a £1bn bond issue as well as a £2bn 10 for 3 rights issue at a 41 per cent discount to 130p was eventually taken up by shareholders, and along with the progress on the vaccine rollout the company has seen a decent rebound in the share price, from the 17-year lows we saw in September last year. “Coming into the pandemic, the company was very reliant for up to 50 per cent of its revenue on these aviation air miles, which means the company was, and still is facing a significant cash outflow, even with the thousands of job cuts and cost savings,” he noted. Not out of the woods yet (Getty Images) Also Read: Rolls Royce’s £4bn loss: A sobering reminder of how much damage the pandemic has caused “While the size of the loss is certainly sobering, unlike last year optimism is probably in shorter supply due to the uncertainty about when air travel is likely to return to any kind of normal post pandemic,” he noted. (Getty Images) Also Read: Rolls Royce’s £4bn loss: A sobering reminder of how much damage the pandemic has caused Still in the red The company still is not out of the woods yet, announcing that it is likely going to have shut its factories in the summer for two weeks to help stem the losses. “This morning’s numbers are a sobering reminder of how much damage the pandemic has done to an iconic brand, and also illustrate how hard the long road back will be,” he remarked. “This expectation hasn’t changed, even though it comes across as very optimistic, given that since they made that assessment air travel has remained very much in the doldrums due to the Europe wide lockdowns that have been in place since the beginning of January,” he added. “This morning’s full year results only serve to reinforce the scale of the challenge facing the civil aerospace side of the business, however at least in terms of revenues they’ve managed to do a little bit better than was expected,” Hewson said. With normal service in civil aviation likely to take years to return to normal it will be more important than ever that Rolls Royce steps up in other areas of its business to offset the revenue hit to civil aviation over the next few years, and get greater returns there. Free cash outflow for the last tax year came in at an eye watering high £4.18bn. whatsapp (Getty Images) Also Read: Rolls Royce’s £4bn loss: A sobering reminder of how much damage the pandemic has caused “At one point there was some concern as to whether this iconic British brand would be able to survive in the wake of the collapse in air miles as a result of the pandemic,” Hewson said. This morning’s operating loss of £2.1bn is almost identical to 2018’s results. (Getty Images) Also Read: Rolls Royce’s £4bn loss: A sobering reminder of how much damage the pandemic has caused Share “The hope is that investors and shareholders retain the patience seen so far in terms of the rally in the share price off last year’s multiyear lows,” Hewson concluded. Rolls Royce was already in serious difficulty even before the pandemic wind came blowing in from China a year ago, due to problems with its Trent 1000 engine that powered the Boeing 787 Dreamliner. If the £2.1bn operating loss wasn’t bad enough, when other costs are added the loss balloons to an even bigger £4bn, due to the addition of other charges, Hewson pointed out, including a £1.7bn underlying finance charge related to its FX hedge book, due to lower US dollar receipts in 2020, as well as future years. Michiel Willems whatsapp Tags: Rolls Royce Holdingslast_img read more

first_imgFirms increasingly adopting electronic data feeds to track insurance policies Facebook LinkedIn Twitter Keywords Life insurance industry This should benefit the insurance industry, in the short term, the report says, but over the long run, these trends will pose challenges to the industry, and raise issues of privacy and cybersecurity. According to the report, the global insurance industry will initially benefit from the increasing use of devices that transmit data over the Internet, and that link with other devices. This increasing connectivity should help prevent losses, injuries, and property damage, the report says. The adoption of Big Data technology will also allow insurers collect and analyze data to inform pricing and claims “on a greater scale, improving their customer retention and their margins,” the report adds. “We’re approaching a tipping point in terms of big data,” says Pano Karambelas, Moody’s vice president. “The vast increases in the amount of data streamed remotely as well as the ability to access unstructured sources will soon supply enough information for insurers to go beyond current applications of predictive modeling, which are focused largely around risk segmentation, pricing and underwriting selection.” At the same time, these trends will pose challenges for insurers. For one, insurers will have to make significant investments to integrate their computer systems with the systems used by connected device providers in order to consolidate and utilize disparate sources of data, the report says. In addition, insurers will need to staff data science teams. Insurers will also have to partner with tech firms that sit at the heart of the rising data flood. “Technology providers will have both direct access to and real-time data about policyholders, potentially disrupting insurance distribution channels and enabling the technology companies to price and segment risk,” the Moody’s report says. “As a result, insurance companies will ultimately need to find ways to partner with technology firms and make up for potential reductions in revenues, by offering additional products and services.” Moreover, the increase in data about policyholders that becomes available to insurance companies will raise privacy, regulatory and cybersecurity concerns, the Moody’s report says. “While insurers will have a new trove of information on policyholders to help asses and price risk, they will also have to navigate a growing number of rules around how they use and protect the information,” adds Helena Kingsley-Tomkins, assistant vice president at Moody’s. Photo copyright: everythingpossible/123RF Related news James Langton Canadian lifecos face rising credit risks: DBRS Share this article and your comments with peers on social media Despite pandemic responses, insurers will struggle Canadian lifecos stable in the face of headwinds: DBRS Big Data technology adoption will provide insurers with competitive advantages in analyzing and assessing risk, according to a report released Wednesday by Moody’s Investors Service. last_img read more

first_imgThree-Day Workshop to Improve Emergency Preparedness in Region’s Agricultural Sector UncategorizedJanuary 23, 2007 RelatedThree-Day Workshop to Improve Emergency Preparedness in Region’s Agricultural Sector Advertisements FacebookTwitterWhatsAppEmail A three-day workshop, designed to improve emergency preparedness in the region’s agricultural sector, got underway this morning (Jan. 23) at the Mona Visitors Lodge and Conference Centre.The workshop, which is sponsored by the Food and Agriculture Organisation (FAO) in collaboration with the Caribbean Disaster Emergency Response Agency (CEDAR), will take the form of presentations and analysis of good agricultural practices, which can be replicated in the other Caribbean territories. It is targeted at four Caribbean countries, which are highly prone to hydrometeorology hazards. These are Cuba, Grenada, Haiti and Jamaica.Minister of Agriculture and Lands, Roger Clarke, who addressed the opening session, said that the regional workshop would provide a forum for the sharing of outputs documented at national workshops, held in the targeted Caribbean countries.The meeting, he said, would help to improve disaster preparedness in the various agricultural sectors across the region, by strengthening inter sectoral linkages and co-ordination among small farmers; local government departments; agricultural ministries; and the international community in relation to recommendations for best practices and post emergency rehabilitative programmes.He expressed gratitude to the FAO for “spearheading yet another initiative to assist the countries of the region, which are most prone to hurricane and other related disasters and to put measures in place to mitigate the kind of damage usually caused to our respective agricultural sectors.”He pointed out that historically, the FAO’s assistance to the agricultural sectors of the various territories had focused primarily on damage assessment and rehabilitative measures, which aimed at helping rural farming communities to return to self-sufficiency, while restoring domestic production in the shortest possible time.In his remarks, Albert Shand, Chief Executive Officer of the Rural Agricultural Development Authority (RADA) noted that the farming community, over the years, has neglected the matter of risk management.“From year to year, it would appear that the management of disaster and preparation is only taken into consideration at the beginning of the hurricane season and as such, I am truly grateful to the FAO and CEDAR for the resourcefulness and foresight that they have shown in planning to address this issue of risk management and disaster preparedness,” he stated.center_img RelatedThree-Day Workshop to Improve Emergency Preparedness in Region’s Agricultural Sector RelatedThree-Day Workshop to Improve Emergency Preparedness in Region’s Agricultural Sectorlast_img read more

first_imgAnnual Customer Satisfaction Survey about to start The Local Government Victoria annual community satisfaction survey starts on Monday 1 February.Over a three-week period, Surf Coast Shire resident and non-resident ratepayers may receive a call on their landline or mobile phone from an independent market research agency asking questions about Council’s performance.Every year, the Victorian Government manages the survey to measure the community’s perception of their council’s performance over the past year.The survey – which involves 600 telephone interviews – will be conducted by National Field Services, an Australian based independent market research agency.Surf Coast Shire Mayor Councillor Libby Stapleton encouraged people to complete the phone survey if they receive a call.“We really value the feedback we receive from our community; it lets us know what’s working well and where improvement is needed,” she said.“If you get a call on your mobile or landline, please take the survey to help us know how we’re tracking in comparison to other councils. We expect phone interviews will take around 10 minutes.”If you have questions about the survey go to www.surfcoast.vic.gov.au/request or phone 5261 0600.The community satisfaction survey is separate to Council’s People Place Future survey, which will help create a 10-year Community Vision for Surf Coast Shire. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, community, council, future, Government, local council, Local Government, market, mobile, mobile phone, perception, research, Surf Coast, Surf Coast Shire, survey, Victorialast_img read more

first_imgNon-urgent presentations place pressure on public EDs Minister for Health and Ambulance Services The Honourable Yvette D’AthMore than a third of Queensland’s emergency department presentations are ailments or injuries that could be treated by a GP or pharmacist, latest data shows.The state’s hospital performance data for the October-December 2020 quarter shows there were 587,301 ED presentations.All 4,234 Category 1 patients – the most urgent cases – were seen by a clinician within two minutes of arriving, while 77 per cent of all cases were seen within clinically recommended times.The median wait time for all ED patients to be seen was 14 minutes.Minister for Health and Ambulance Services Yvette D’Ath said the performance of Queensland’s EDs was sound given the challenges posed by the past 12 months.“Queenslanders should be assured that if they have the misfortune to fall seriously ill, they are in capable hands, no matter where they are,” she said.“Patients whose conditions are life-threatening are every ED’s priority and that’s happening in Queensland. Our most critical patients are being seen almost immediately upon arriving.”Minister D’Ath said between 30-40 per cent of monthly ED presentations were classified as being non-urgent complaints.“In December alone, almost 76,000 presentations could have been treated elsewhere,” she said.“Most are legitimate health concerns however they are not matters for emergency department staff whose primary role is to save lives.“They are being asked to treat splinters, blisters, sunburn and even acne and hiccups. People are turning up asking for medical certificates, prescription refills and immunisations.“GPs can treat many conditions you might otherwise go to an emergency department for, such as removing stitches, sprains and strains, bites and stings, many viral and other infections, and assessment of prolonged illness or injury.“No patient will be refused care at any of our hospitals however EDs are for seriously ill and injured patients. Less urgent presentations place unnecessary pressure on the system and, potentially, put the lives of others at risk.”Minister D’Ath said 36,421 patients underwent elective surgery in the October-December 2020 quarter.More than 94 per cent of Category 1 patients went into theatre within 30 days of being put on the wait list. Almost 90 per cent of all patients went into surgery within the clinically recommended time.“Queensland public hospitals have performed exceptionally well given the disruptions they faced in 2020,” Minister D’Ath said.A total of 226,623 patients were waiting for an initial appointment at a specialist outpatient clinic as at 1 January 2021.Minister D’Ath said in coming months, Queensland Health will release new reporting that will provide hospital-level patient safety and quality data and comparisons. Also in coming months, Queensland Health’s quarterly reporting will include local performance reporting.Examples of non-urgent ED presentations in 2020-21 YTD#Attention to surgical dressings and sutures8,195Splinter2,525Medical certificate1,704Repeat prescription1,654Nail disorders/ingrown nail559Fractured, loose or impacted teeth377Muscle cramps and spasms358Sunburn180Contraceptive management81Blisters59Psoriasis52Immunisations46Acne29Insect bite29Hiccups 20To view Queensland Health’s October-December 2020 quarter Performance Data, visit https://www.performance.health.qld.gov.au/ /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Ambulance, Australia, Emergency, emergency department, Government, health, hospital, insect, Minister, muscle, psoriasis, QLD, quality, Queensland, Queensland Health, Safety, surgery, teeth, visitlast_img read more

first_imgVancouver City Council gives blessing to possible sale of former Navigation Center building Vancouver City Council members gave their blessing this week to a possible sale of the former Vancouver Navigation Center building on Grand Boulevard, likely as a new adm…Read more Governor’s proclamation pushes K-12 schools to offer in-person learning to all students within a month Posted by Chris Brown|Tuesday, March 16, 2021 |in : NewsVancouver City Council gives blessing to possible sale of former Navigation Center building Posted by Chris Brown|Tuesday, March 16, 2021 |in : NewsGovernor’s proclamation pushes K-12 schools to offer in-person learning to all students within a month 17th District legislators strive to get government back to work in Washington Posted by Paul Valencia|Tuesday, March 16, 2021 |in : SportsBig schools make plans to allow fans into football games this week Transit costs continue to rise as ridership continues to decline.Read more Posted by John Ley|Tuesday, March 16, 2021 |in : NewsC-TRAN 2020 ridership declines due to COVID pandemic restrictions Ridgefield high school freshman Elizabeth Swift has won first place and $100 for the southwest Washington region in The Sons of The American Revolution’s George S. and St…Read more AdvertisementThis is placeholder textTags:17th Legislative Districtback to schoolbus ridershipbussesC-TRANCity of VancouverClark CountyClark County TodayClark County Today LiveClark County WashingtoncoronavirusCovid-19essay competitionFort Vancouver Regional Libraryhigh school footballhomelesshybrid learningin-person learningJay InsleeLatestLive Broadcastlocal newsLynda WilsonNavigation CenterPaul Harrispublic transportationRidgefield Washingtonspectatorstown hallVancouver WashingtonVicki Kraftshare 0 Previous : Big schools make plans to allow fans into football games this week Next : Vancouver City Council gives blessing to possible sale of former Navigation Center buildingAdvertisementThis is placeholder text Washington Gov. Jay Inslee issued an emergency proclamation this week pushing all K-12 schools to provide at least 30 percent in-person learning for all students by mid-A…Read more center_img Posted by Jacob Granneman|Tuesday, March 16, 2021 |in : YouthRidgefield student wins southwest Washington essay competition; moves up to state Posted by Dan Trujillo|Tuesday, March 16, 2021 |in : News17th District legislators strive to get government back to work in Washington WATCH: Clark County TODAY LIVE • Tuesday, March 16, 2021Posted by ClarkCountyToday.comDate: Tuesday, March 16, 2021in: Newsshare 0 Big schools make plans to allow fans into football games this week Class 4A and 3A football programs in Southwest Washington will welcome fans into its stadiums at games starting this weekRead more Sen. Lynda Wilson and Reps. Paul Harris and Vicki Kraft spoke for 75 minutes Monday during a virtual town hall meetingRead more WATCH: Gov. Inslee issues emergency proclamation for K-12 schools ; City of Vancouver looks at selling navigation center to Fort Vancouver Regional Library ; New attendance guidelines at football games ; A recap of last night’s 17th Legislative District town hall ; Looking at C-TRAN ridership ; Ridgefield student wins essay competition. Ridgefield student wins southwest Washington essay competition; moves up to state C-TRAN 2020 ridership declines due to COVID pandemic restrictionslast_img read more

first_img See More Videos Toyota is recalling close to 4,000 new RAV4 and RAV4 Hybrid vehicles in Canada because the rearview camera display might not turn when the car is put in reverse.Some 3,896 model year 2019 RAV4 vehicles are affected in Canada, along with 14,215 in the U.S., or about 18,000 in total.In affected vehicles, a faulty connector could keep the rearview camera’s dashboard display from showing up when the SUV is placed into reverse, increasing the risk of a collision while backing up. advertisement Trending Videos We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. ‹ Previous Next › Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” RELATED TAGSRAV4ToyotaSUVNon-LuxuryNew VehiclesNon-Luxurycenter_img COMMENTSSHARE YOUR THOUGHTS Created with Raphaël 2.1.2Created with Raphaël 2.1.2 2019 Toyota RAV4 Limited  Derek McNaughton Trending in Canada The automaker will contact owners of these vehicles beginning in October. The Rolls-Royce Boat Tail may be the most expensive new car ever PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca last_img read more

first_img Published: April 17, 2009 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail For the last six years, University of Colorado at Boulder graduate students Evan Thomas and Max Gold have volunteered their time to help bring water purification systems, biogas generators and high-efficiency cooking stoves to remote villages in Rwanda with the nonprofit Engineers Without Borders-USA.Now they hope to turn that charity into an economically sustainable enterprise through a new venture with Manna Energy Ltd. The project is the first to attempt to receive United Nations carbon emission reduction credits, or CERs, for drinking water treatment based on reduced demand for firewood as a fuel source, and one of the first applying the United Nations Clean Development Mechanism to humanitarian development.”With EWB-CU, we gained experience with the design and implementation of technologies in Rwanda,” Thomas said. “We wanted to find a way to ensure long term economic sustainability and scalability of these systems. It’s exciting to see this work becoming a real enterprise, helping thousands of people in Rwanda.”The new venture won first place at Purdue University’s national Idea-to-Product (I2P) Competition for Social Entrepreneurship on April 4. Teams from the University of Virginia and Brown University took second and third place, respectively.The competition’s $10,000 prize will be used to help design, install and operate water purification systems, biogas generators, and high-efficiency cook stoves to eventually benefit some 340,000 people, according to Thomas, who serves as vice president of engineering for Manna Energy. The Global Water Challenge also has provided $200,000 in seed money.Manna Energy is still seeking $1 million from investors to pay the up-front capital costs on five systems, which will then generate the carbon credits needed to maintain the systems and expand operations over time. Over the next six years, the organization envisions deployment of 400 water purification systems and 300 biogas generators, creating more than 9.5 million saleable CERs and projected revenues of more than $100 million.The roots of the venture can be traced to the “Bring Your Own Water” system designed and built in the village of Muramba by the CU chapter of EWB in 2006, which uses gravity, rapid sand filtration and solar-powered ultraviolet light to disinfect drinking water. The original system required a user to pour in a bucket of water to take one out at the other end, but it has since been redesigned into a more robust, in-line system, also incorporating cellular telephone technology for automatic reporting of any maintenance needs.The EWB-CU chapter also initiated the use of biogas reactors to generate methane for high-efficiency cook stoves, agricultural fertilizer and improved sanitation in Rwanda.Gold, a civil engineering Ph.D. student who has been the chief engineer on the EWB Rwanda project since 2003, is currently in Rwanda, working as Manna Energy’s chief technology officer.Thomas, an aerospace engineering Ph.D. student and NASA-Johnson Space Center employee, helped to launch the EWB chapter at NASA that has partnered with CU on projects in Rwanda.Volunteers from both groups, including NASA astronaut Ron Garan, joined together to form the nonprofit Manna Energy Foundation and its subsidiary for-profit venture, Manna Energy Ltd.For more information go to www.mannaenergy.org.last_img read more

first_img Gov. Ron DeSantis October 1 announced the appointments of Thomas Rebull to the 11th Circuit court, Steve Berlin and Julie Sercus to the Sixth Circuit court, and Joseph Lawhorne to the Pinellas County court.Thomas RebullRebull, of Miami, has been a judge for the 11th Circuit since 2011. He previously was a partner at Broad and Cassel and has been a member of the Cuban American Bar Association. He received his bachelor’s degree from Boston University and his law degree from the American University. Rebull fills the vacancy created by the elevation of Judge Alexander Bokor to the Third District Court of Appeal.Steve BerlinBerlin, of St. Petersburg, is currently a Pinellas County Court judge. He previously served as a lieutenant colonel for the United States Army JAG Corps. He received his bachelor’s degree from the United States Military Academy and his law degree from the University of Florida. Berlin fills the vacancy created by the resignation of Judge Thomas Minkoff.Julie SercusSercus, of Gulfport, has been an assistant statewide prosecutor with the Office of the Attorney General since 2013. She received her bachelor’s degree from the University of Miami and her law degree from Widener University. Sercus fills the vacancy created by the resignation of Judge Peter Ramsberger.Joseph LawhorneLawhorne, of Safety Harbor, has been an assistant state attorney for the Sixth Circuit since 2015. He received his bachelor’s degree and his law degree from the University of Mississippi. Lawhorne fills the vacancy created by the elevation of Judge Joshua Riba to the Sixth Circuit Court. Gov. DeSantis makes four judicial appointments Oct 02, 2020 Top Storieslast_img read more

first_imgSHANGHAI – For the first time in nearly five years, the AT&T logo can be found on a golf bag on the PGA Tour. It belongs to Jordan Spieth. Spieth showed up at the WGC-HSBC Champions with a black-and-orange golf bag promoting AT&T. He signed an endorsement deal with the Texas-based telecommunications giant earlier this year, and this was the first evidence of the logo while he was on the golf course. AT&T is one of the top supporters of the PGA Tour, with title sponsorship at Pebble Beach and the Byron Nelson on the PGA Tour, and a Champions Tour event in Texas. The last player AT&T endorsed on the PGA Tour was Tiger Woods. He had an AT&T bag when he returned from knee surgery early in 2009. The company ended its endorsement deal a month after revelations that Woods had multiple extramarital affairs. Spieth is playing for the first time since the Ryder Cup. He is headed back home to Dallas after the HSBC Champions, and then returning to Asia to play in the Dunlop Phoenix in Japan and then the Australian Open in Sydney before ending his year at the Hero World Challenge that Woods hosts in Florida. KOEPKA’S DILEMMA: Brooks Koepka is spending a much-needed week of vacation in Thailand before two final events on the European Tour that could shape his schedule next year. Koepka began his career on the Challenge Tour in Europe, winning three times to earn an instant promotion to the European Tour. He did well enough in his limited starts on the PGA Tour last year – a tie for fourth in the U.S. Open and a tie for third in the Frys.com Open – to earn his U.S. card. He would like to play both tours again next year, but that can only happen if he’s entrenched in the top 50 in the world. That would make him eligible for the World Golf Championships and the majors, which means he would need only limited starts in Europe to keep both cards. But right now, Koepka is at No. 60. Even though he was a European Tour member first, PGA Tour regulations do not allow the Floridian to claim Europe as his home circuit, meaning he would need to get a release to play overseas. Players typically are granted three ”conflicting event releases” when playing 15 PGA Tour events, with one more release for every five more PGA Tour events they play. One caveat is for players to claim an alternative home circuit, but only if they have been a member of that tour at least five years and commit to playing at least 20 times on the PGA Tour. Frank Nobilo of New Zealand went that route when he joined the PGA Tour after several years in Europe. Koepka finishes his year in Turkey and Dubai, both of which will have strong world ranking points. DUSTIN JOHNSON: That voluntarily leave by Dustin Johnson certainly isn’t hurting his position in the world ranking. Johnson was at No. 16 in the world after the Canadian Open when he announced he was stepping away from golf to seek professional help for ”personal challenges.” He is No. 15 in the world now. Johnson will start losing points, starting with the HSBC Champions. He won a year ago Sheshan International and is not back to defend. His agent at Hambric Sports, David Winkle, said Tuesday that Johnson is not expected back until sometime early next year. Johnson’s fiancé, Paulina Gretzky, is expecting their first child and Johnson won’t play again until the baby is born. ”They haven’t announced when the baby is due yet,” Winkle said. DIVOTS: Adam Scott is trying out another caddie this week at the HSBC Champions. He is using David Clark, who works for Cameron Tringale. … Graeme McDowell says he will be joining a task force, only it has nothing to do with the Ryder Cup. McDowell says he has been asked by his alma mater, the University of Alabama-Birmingham, to be part of a group that studies the future of the football program. … Tickets went on sale Tuesday for the British Open next year at St. Andrews. A daily ticket for adults will increase 5 pounds to 70 pounds (about $110) if bought before May 31, and to 80 pounds ($125) after that. Weekly tickets are available for 240 pounds ($380). A daily ticket went for 60 pounds ($95) in 2010 when The Open was last held at St. Andrews. … Davis Love III tied for eighth in Malaysia, his first top 10 on the PGA Tour in two years. STAT OF THE WEEK: McDowell is the only player with top-10s in every World Golf Championship this year. He was a quarterfinalist at the Match Play Championship, tied for ninth at Doral and tied for eighth at Firestone. FINAL WORD: ”I know one thing for sure. We can’t have more than 52 tournaments.” – Henrik Stenson on what the golf calendar will look like in 10 years.last_img read more