Latest news with #LES
Hypebeast
5 days ago
- Entertainment
- Hypebeast
Awake NY Reminds Us Who Runs Orchard Street in Locally Lensed Lookbook
Summary Awake NY's newest footwear offering, the Jordan V Boro, is about to be stomping all over the New York City outfitter's hometown. So what better place to spotlight the striking new sneaker than on the local streets (and feet) of its local Lower East Side community? Angelo Baque's streetwear imprint first set up its inaugural brick-and-mortar shop on Orchard Street in the summer of 2023, and its influence has reigned prominent ever since. In a lookbook entitled 'Our Block To Your Block,' Awake is penning a love letter to its neighborhood because, well, 'It takes a village' to garner the visibility the brand now has. Reflecting on its still-growing local influence, Awake enlists the likes of a lineup of LES legends to front the photos, all shot on-site in front of a handful of storied storefronts, includingLAAMS, Scarr's Pizza, Ron David Studio, and Las' Lap. At the core of the campaign – fueled by the mantra 'Community builds immunity' – is the Awake NY Jordan V Boro, which lands in two colorways of pastel pink and black and blue, as well as the polarizing, hybridized boot-like reimagining of the Air Jordan 4, which surfaces solely in the dark blue colorway. Find your favorite Lower East Side faces (and a closer look at the Jordan V Boro) in the 'Our Block To Your Block' lookbook above.
Time of India
19-07-2025
- Business
- Time of India
Gold Futures trading begins at India International Bullion Exchange
Ahmedabad: India International Bullion Exchange (IIBX), the country's first international bullion exchange located at GIFT IFSC, marked a significant milestone with the execution of its first-ever Gold Futures trade on Friday. Tired of too many ads? go ad free now The move is expected to widen hedging opportunities for qualified jewellers and other market participants exposed to gold price risks. "The start of trading in Gold Futures at international prices in US Dollar terms will greatly benefit jewellers, bullion dealers, and refiners, as well as members across the ecosystem who face gold price volatility risks," said Ashok Gautam, MD & CEO of IIBX. To encourage market participation, IIBX has launched a Liquidity Enhancement Scheme (LES) for Gold Futures Contracts and invited bids under the programme. "We're interacting with players from the Domestic Tariff Area (DTA) as well. The aim is to encourage domestic market participants towards IIBX, instead of them accessing overseas exchanges through their overseas offices, encouraging onshore the offshore initiatives of our regulator," Gautam added. Currently, 179 qualified jewellers and over 441 TRQ (Tariff Rate Quota) holders are registered with IIBX. Some 784 new TRQ applicants are under process. While the futures contracts are particularly beneficial for these groups, IIBX emphasised that the contracts are open to all members with gold price risk exposure — including refiners, large and small jewellery chains, and traders. Market participants will still need to operate through Authorised Dealer (AD) banks, which manage hedging limits and monitor open positions. IIBX, backed by the International Financial Services Centres Authority (IFSCA), plans to continue expanding its bullion market offerings across both spot and futures segments, aiming to develop a comprehensive bullion trading ecosystem in India. Tired of too many ads? go ad free now Haresh Acharya, director, India Bullion and Jewellers' Association (IBJA), said, "Businesses whose core operations involve gold — like jewellers, bullion traders, and refiners — can now manage their price risks (hedge their positions) using not just overseas markets like Comex but also through domestic exchanges like IIBX. " "Previously, in India, such hedging opportunities were mainly available for all base metals. Eventually, RBI opened such opportunities for gold and silver as well. With the launch of gold and silver futures trading on IIBX, similar risk management tools are now available for the bullion sector domestically in dollar denominations. Essentially, Indian gold businesses now have a local platform to protect themselves against price fluctuations," he further added.
Glasgow Times
08-07-2025
- Business
- Glasgow Times
Milton and Easterhouse land opened up for green projects
The four sites, totalling more than 5.5 hectares, will be available for community organisations to develop renewable energy projects. The council is calling for interested parties to submit their site proposals by late August. Workshops will be held in late July to assist organisations in developing their plans. The aim of the projects is to generate long-term benefits for the local areas. The spaces have been allocated as part of the Glasgow City Council's new Community Renewable Energy Framework (CREF). Read more: Major disruption on main Southside road due to burst water main This initiative will allow community groups to determine the most suitable renewable energy approach for their area. The council, alongside Local Energy Scotland (LES), will support community organisations throughout the process. LES has a history of successfully assisting Scottish communities in developing renewable energy systems. They ensure any profits from these initiatives are utilised for the benefit of local neighbourhoods. Councillor Angus Millar, city convener for climate, sees the CREF as a way to both empower communities and cut the carbon emissions associated with climate change. He said: "This is a great opportunity for local organisations to take control of often unused spaces and turn them into something valuable for their community. "We will work closely with any organisations that come forward and express an interest in running a community renewable energy project on one of these four sites. "There will be a lot of support available to help local groups find the energy solution that works best for them and the site they have identified. 'The plus for the council is that this new framework will support the growth of renewable energy in the city and that will take us another step towards to becoming a city with net zero carbon emissions.' Chris Morris, manager at Local Energy Scotland, said: "The Community Renewable Energy Framework is a pioneering model of collaboration to support community energy development. "We are looking forward to working with local groups through the CREF as they begin to develop their renewable energy projects."
Mint
28-06-2025
- Business
- Mint
NSE to introduce liquidity enhancement scheme for upcoming electricity futures
The National Stock Exchange on Friday in an attempt to increase participation in the upcoming electricity futures contracts announced a liquidity enhancement scheme for the segment. In a circular on June 27, the NSE announced that the enhancement scheme will be effective from July 11. 'NSE is now pleased to introduce LES in Electricity Futures (Monthly Base Load) with effect from July 11, 2025, to encourage active participation and market development,' it said. The exchange — the largest in terms of market share in both derivative and cash segments — in May had received a green signal from the regulators to launch electricity futures contracts. The NSE has been focussing more on the segment, given the demand of power derivatives in the global market. Electricity futures are a financial contract whereby participants can lock the prices of electricity on a particular day for a certain month in the future. People who can trade in this future can include trading member, corporate buyer, generator, trader, or financial institution approved by the SEBI. No actual power is delivered through electricity futures. In its Friday circular, the NSE said that trading members who are interested in providing continuous quotes as Market Makers (MM) are required to register with the exchange. 'The exchange will appoint two Market Makers (MM1 & MM2) for Electricity Futures contract based on a competitive bidding procedure. The successful bidder shall be appointed as MM for a period of 6 months from the date of launch of LES on Electricity Futures,' it said. The interested people must register with the exchange by July 2, it said. In terms of incentives, Market Maker 1 will be eligible for a monthly incentive of ₹ 85 lakh, and Market Maker 2 will get ₹ 45 lakh provided they meet all quoting conditions. NSE specifies four criteria to become a market maker to trade in electricity futures: 1. Net worth of ₹ 5 crore. 2. No serious disciplinary action against the member in the last year. 3. Member should have algo registration in commodity derivatives segment. 4. The member (or group entity) must demonstrate a reasonable understanding, experience in or ownership of assets, companies, customers, or plants in at least one segment of electricity sector value chain, including generation, transmission, distribution, power trading, equipment supply, or Engineering, Procurement and Construction (EPC).
Yahoo
01-05-2025
- Health
- Yahoo
MP calls for health bosses to restore funding for GPs to treat minor injuries
South Lakes MP Tim Farron is calling on health bosses to reverse a decision to withdraw funding for GP surgeries to assess and treat minor injuries. The Locally Enhanced Service (LES) is no longer allowed for the assessment and treatment of minor injuries at GP practices across the Morecambe Bay region. The LES has been in use for over 20 years but a major review by the Lancashire and South Cumbria ICB has concluded that funding can be used elsewhere. READ MORE: Morecambe Bay NHS Trust appoints new chief medical officer Mr Farron has written to the Chief Executive of Lancashire and South Cumbria ICB calling for the funding to be restored. He also raised the issue with health ministers in Parliament on Wednesday (April 23). Speaking in the House of Commons, Mr Farron said: "In rural communities like mine, our issues are very often about the distances that we have to travel in order to get any kind of healthcare, but particularly to reach hospitals. "In Morecambe Bay, which covers three quarters of my constituency population-wise, we are funded as if we have one hospital, but have to have three. "One way that we have got around that is to have funding for GP surgeries to provide minor injury care in places like Grange, Ambleside, Hawkshead and beyond - yet our local integrated care board has cancelled that funding. "There was a total of 1,221 minor injury assessments last year; they are now pushed on to the urgent treatment centre at Kendal, potentially overloading that excellent centre, but also causing huge harm to people who live in those rural and dispersed places, and undermining the funding model for those GP surgeries and putting them at risk. "I would love it if the Minister had words with the ICB to challenge it on this.' READ MORE: Burton-in-Kendal fashion event raises hundreds for charity Across 2023 and 2024 surgeries around Morecambe Bay conducted at least 1,221 minor injury assessments. The service helped alleviate pressure on hospitals by providing accessible care closer to home, particularly in areas such as Grange, Ambleside, and Hawkshead. Professor Craig Harris, chief operating officer for Lancashire and South Cumbria Integrated Care Board (ICB), said: "The ICB has recently undertaken a major review of the locally commissioned services provided by general practices to ensure we are commissioning consistently across Lancashire and South Cumbria. READ MORE: Kendal: Fish and chip shop owners still doing well despite price hikes "One of the services we have looked at is minor injuries, which is provided by general practices in a few parts of Lancashire and South Cumbria. After thoroughly considering the options, including engagement with clinical colleagues, a decision was made to discontinue the general practice service as there are other minor injury services and sources of advice available to our local population. "As part of this review, the ICB has increased investment into an extended range of general practice services which aim to provide more care closer to people's homes. For more local health services news, subscribe to the Westmorland Gazette "In case of minor injury, patients are advised to call NHS 111 or use 111 online and/or seek self-care advice from their local pharmacy.'
