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Tag: Life

Standard Life Aberdeen sees £100bn contract axed

Standard Life Aberdeen sees £100bn contract axed

Business
Lloyds Banking Group and Scottish Widows have ended a £100bn asset management contract with recently-merged Standard Life Aberdeen.They said last year's merger between Standard Life and Aberdeen Asset Management created competition issues.Keith Skeoch and Martin Gilbert, chief executives of Standard Life Aberdeen (SLA), said they were "disappointed".But SLA said, despite the size of the contract, it represented less than 5% of its 2017 revenues.Shares in Standard Life Aberdeen dropped as much as 10% for a time after the announcement, before settling about 5% lower.The deal to manage the £109bn of assets was first taken on by Aberdeen Asset Management in 2014 when it bought Scottish Widows Investment Partnership (SWIP) from Lloyds.But there was a clause allowing Lloyds to end the mandate if
Teacher on life support as worst flu outbreak in years engulfs US

Teacher on life support as worst flu outbreak in years engulfs US

Health
A special education teacher in Texas is reportedly on life support after contracting both strains of influenza, as the worst flu season in years engulfs the United States. Crystal Whitley, who teaches in Mullin, got the flu shot in October after giving birth to her son, family members told ABC affiliate WFAA. But she caught both the H3N2 and H1N1 flu strains two weeks ago. Then she came down with pneumonia in both lungs and contracted MRSA, a bacterial infection that's become resistant to many of the antibiotics. Now, Whitley is on life support at Baylor University Medical Center, according to WFAA. "She's making all of this progress, but [doctors] keep telling us she is still very ill. She is still critical, and she is still on life support," Whitley's mother, Mary O’Connor, told WFA
DNA story of when life first gave us lemons

DNA story of when life first gave us lemons

Science
All citrus fruits can trace their roots to the southeast foothills of the Himalayas, according to DNA evidence.The first citrus trees appeared about eight million years ago, before spreading around the world, say international scientists.The trees eventually gave rise to the fruit on our kitchen tables, from sweet oranges to bitter lemons.Citrus trees are among the most widely cultivated fruit trees in the world, but their history has been unclear.To get a better understanding of where citrus trees came from, scientists in the US and Spain analysed the genomes of over 50 varieties of citrus fruit, from the Chinese mandarin to the Seville orange.The study, published in Nature journal, found that modern citrus trees derive from several natural species found in a region that includes the east...
Bengaluru resale realty market regains life

Bengaluru resale realty market regains life

Finance
BENGALURU: The secondary real-estate market in Bengaluru has recovered from its nadir in the months that followed demonetization and has been seeing improvement in sales in the past four months. The size of the deals is smaller, said brokers who deal in resale of properties. Brokers said the turnaround started in October, and it would take time to reach the pre-demonetisation levels. "Sales have picked up after the confusion of RERA (Real Estate Regulation Act) and GST (Goods and Services Tax). Previously, we used to do one or two large deals every month; now, the ticket size has come down and we are doing 2-3 deals a month," Abdul Suhail, who runs Coldwell Banker SamOne Realty, said. 'No demand for luxury properties'Suhail, who deals in properties around upscale Sadashivanagar a...
Building blocks of life found on meteorites

Building blocks of life found on meteorites

Technology
The search for aliens has taken another mysterious turn after scientists said they have discovered the essential ingredients for life on ancient meteorites.The space-faring rocks, which at approximately 4.5 billion years old are the same age as the Earth, were found to contain both liquid water and organic compounds.Although the presence of these compounds does not mean the meteorites ever contained life, it does hint at how it may be present elsewhere in the universe.The meteorites, named Zag and Monahans, are believed to have originated from the asteroid belt, between the orbits of Mars and Jupiter.They were examined when they first fell to Earth in Morocco and Texas in 1998, and were found to contain liquid water.Image:Most meteorites burn up in the atmosphere as they crash to Earth. Fi...