Latest news with #Sibley
Reuters
5 days ago
- Business
- Reuters
Irish GDP jumps 9.7% q/q on pharma exports to US
DUBLIN, June 5 (Reuters) - Ireland's gross domestic product grew by a hefty 9.7% quarter-on-quarter in the first three months of the year due to a surge in pharmaceutical exports to the U.S., likely further distorting the average growth rate across the euro zone. With Ireland's large multinational sector often distorting GDP, officials prefer to use modified domestic demand (MDD) to more accurately gauge the strength of the economy. MDD has expanded strongly in recent years and grew by 0.8% in the first quarter compared with the previous three months, Central Statistics Office (CSO) data showed on Thursday. GDP has at times diverged sharply from activity in the wider economy and an initial estimate of a much lower quarterly growth of 3.2% had already inflated the euro zone average, which grew by a faster than expected 0.4% in the first quarter. Irish GDP was 22.2% higher year-on-year compared to an initial estimate of +13.3%. "This has come directly out of cross-border pharmaceutical exports in March, particularly," Christopher Sibley, Assistant Director General in the Central Statistics Office, told a news conference. Separate data last month showed that exports of medical and pharmaceutical products surged by 154% or 34 billion euros in the first quarter, chiefly due to U.S. drugmakers stocking up ahead of potential import tariffs. More than a dozen of the world's biggest pharma companies have plants in Ireland, where many make medicines or active ingredients for the U.S. market. Exports of pharmaceutical products to the U.S. rose by 243% alone in March. Thursday's data showing a 14.8% quarter-on-quarter rise in goods exports and a 17.1% expansion in the industrial sector, which Sibley said showed that foreign multinationals were taking large profits from their export sales. Ireland's finance ministry last month downgraded its growth forecasts slightly for modified domestic demand this year to 2% if a 10% tariff on European Union exports to the U.S. remains in place, or 2.5% if tariffs are removed. The finance ministry marked up its forecast for GDP - even in the event of the tariffs sticking - to 4.0% from 3.9% before U.S. President Donald Trump's election last November.
Axios
13-05-2025
- Health
- Axios
Exclusive: Time to launch longevity franchise
Time plans to launch a new editorial vertical called Time Longevity, dedicated to the coverage of science, health, business, tech and policy innovations that address aging and the human lifespan, its CEO Jess Sibley and editor-in-chief Sam Jacobs told Axios. Why it matters: It's part of a broader transformation of Time's business from a consumer site to a platform for business decision-makers, Sibley said. Zoom out: Over the past few years, Time has invested more editorially in covering topics top-of-mind for business and policy elites, such as health, AI and climate, per Jacobs. "What we're seeing is this conversation around longevity really matters to those decision-makers in whatever field they're in," he noted. The audience and advertiser opportunities are "truly limitless," Sibley said, noting the topic impacts readers of all ages and demographics. Longevity is of keen interest to a range of advertisers, including pharmaceuticals, sports, health and wellness, food, hospitality, travel, tech, education and financial services, she added. Zoom in: The new franchise will launch later this year as a multi-platform series spanning events, digital coverage and print specials. Coverage is meant to provide a trusted guide for people looking to understand more about aging and living a longer, healthier life. That includes everything from financial planning and retirement to climate and wellness. The company will feature longevity as one of its tracks this year at its Time100 Health Leadership Forum in the fall, Jacobs said. It will launch a "future of living" interview series that will live across its platforms. The newsroom will also launch a special report that will get a dedicated section of the magazine, a digital landing page and social coverage. Between the lines: Aside from the commercial opportunities, Jacobs said key indicators suggested Time's audience was craving more on this topic. Around 20% of Time's website visitors in April came to read a story about health or science, he said. A recent editorial survey of readers found that aging was the number one topic they wanted to learn more about. Time's health email, with 270,000 free subscribers, is its second-largest newsletter. Last month, ahead of the reveal of its Time 100 list, the company profiled entrepreneur Ben Lamm, CEO of the Colossal Biosciences, a genetic engineering company working to "de-extinct" animals. The viral Time story revealed publicly for the first time that Colossal Biosciences had brought back the dire wolf. The big picture: Time has transformed its business by positioning itself as a community platform for opinion leaders. The company removed its digital paywall in 2023 amid a pivot away from consumer revenue. It's launched several premium events and lists catered toward top professional innovators in topics like AI and health and has built communities around them. What to watch: Asked about reports that Salesforce co-founder Marc Benioff was eyeing a possible sale of Time, Jacobs said, "We are launching longevity in part because we believe in Time's longevity."
BBC News
13-04-2025
- Sport
- BBC News
Sibley puts Surrey on course for win against Hants
Rothesay County Championship Division One, Kia Oval (day three)Surrey 253 & 342-9 dec: Sibley 105, Smith 84; Baker 5-80Hampshire 219 & 35-3: Middleton 11*; Clark 2-1Hampshire (3 pts) need 342 more runs to beat Surrey (4 pts)Match scorecard Dom Sibley became the 20th Surrey player to score a century in each innings of a first-class match as Surrey set up a winning position against Hampshire on day three of the County Championship match at the Kia Smith's 84 from 113 balls provided the most eye-catching strokeplay as Surrey moved from their overnight 136-1 to 342-9 declared – setting Hampshire to score 377 to then, in 16 overs' bowling before stumps, Surrey reduced Hampshire to 35-3 with Kemar Roach pinning Mark Stoneman lbw for three and both Brad Wheal and Sonny Baker, sent in as nightwatchmen, dismissed by Jordan resisted stoutly for 27 balls before being bowled for nine, shouldering arms, and Baker could only fend off a nasty lifter to second the 22-year-old fast bowler signed from Somerset last winter, earlier reached near-90mph speeds against Surrey's lower order to claim 5-80, his maiden five-wicket first-class was Sibley, however, adding 105 to his vital first innings unbeaten 100, who took most of the plaudits as he featured in stands worth exactly 100 with Ollie Pope (65) and 108 for the third wicket with 29-year old opener had literally anchored Surrey's batting effort over both innings and had been on the field for the entire first two and a half days when he tried to hit Liam Dawson's left-arm spin for six and just failed to clear deep extra cover on the also became the first Surrey player since Kumar Sangakkara in 2017, against Middlesex at Lord's, to hit two championship hundreds in a began day three 170 runs ahead at 136-1, with both Sibley and Pope already just past 50 and, for the best part of an hour, Hampshire's bowlers kept a tight rein on the scoring rate while also winkling out Pope courtesy of a sharp legside catch from keeper Ben Brown when the England batter attempted to flick away a rising off-cutter from Kyle however, got away quickly with crashing boundaries off Brad Wheal and Baker and only the introduction of Liam Dawson's steady left-arm spin from the Vauxhall End brought Hampshire any modicum of control as Smith cruised to 45 by lunch, taken with Surrey having added 33 in the morning session to reach 88, completed his second century of the match – and the 24th first-class ton of his career – with two runs to fine Foakes came and went for one, hitting Brett Hampton's medium pace to short mid wicket and there was then a near two-hour delay for bad light and rain from 14:45 BST, when Surrey were on 282-4 and 316 runs of Smith's strokeplay was sumptuous although, on 24, he did edge Baker just short of slip before regaining the initiative by hoisting the same bowler high over mid wicket for on-driven four from Smith, off Hampton and taking him to 68, was perhaps the shot of the day but he was then out to the first ball he faced following the weather interruption, swinging Baker high to deep square leg where Tom Prest took an outstanding low catch diving forward. Smith had struck two sixes and nine then had Dan Lawrence caught down the legside by Brown for 23 before yorking both Clark and Matt Fisher with pacy inswingers. He was on a hat-trick after having Dan Worrall caught behind first ball, but Roach kept him out and the declaration came at the end of the next over with Ryan Patel unbeaten on Reporters Network supported by Rothesay
BBC News
11-04-2025
- Sport
- BBC News
Surrey bowled out against Hants despite Sibley ton
Rothesay County Championship Division One, Kia Oval (day one)Surrey 253: Sibley 100*; Wheal 4-65Hampshire 55-1: Gubbins 23*; Worrall 1-14Hampshire (3 pts) trail Surrey (1 pt) by 198 runsMatch scorecard Surrey opener Dom Sibley carried his bat for the sixth time in his career and made an unbeaten century to rescue the champions against Hampshire on day one of their County Championship match at The 29-year-old was unbeaten on 100 when Surrey were bowled out for 253 after being put in. Hampshire lost Fletcha Middleton to a fine ball from Dan Worrall which nipped back to hit middle stump in the second over of their reply, but Mark Stoneman and Nick Gubbins took them to 55-1 from 16 overs at stumps, 198 have lost their last four games at The Oval and have not won there for 17 years, but their attack justified skipper Ben Brown's decision to bowl first on a typical Oval pitch that started with a good covering of seamers shared eight wickets with Brad Wheal (4-65) the pick of their attack, but they could not remove Sibley. He carried his bat five times for former county Warwickshire and only Geoff Boycott (eight) has now batted through a completed innings in the County Championship more times since World War offered one sharp chance on 54 which was put down by Toby Albert at short leg, but otherwise he accumulated with typical patience and determination. There was some assistance throughout the day for Hampshire's seamers, but they were aided by some poor shot selection too. Surrey will feel their total was under-par for the lost his opening partner Rory Burns in the second over when Wheal found just enough seam movement and the Surrey captain edged to second slip. Kyle Abbott then picked up Ollie Pope (14) who edged a delivery he might have ignored to first most aggressive stroke play of the day came from Jamie Smith, whose 39 off 35 balls included seven fours, three of them lashed in one over from the New Zealander Brett Hampton. Smith had helped Sibley take the score to 96 when he upper-cut Wheal to third man and Sonny Baker parried the ball just inside the boundary rope before completing the catch. Hampshire confirmed it had been their morning in the last over before lunch when Ben Foakes (14) played on to got just enough away movement to defeat Dan Lawrence's loose drive and leave Surrey 129-5, but Sibley found a useful ally in Ryan Patel for much of an absorbing afternoon session. They added 68 in 29 overs for the sixth wicket before Patel mis-timed a pull off Hampton and lobbed up an easy catch to mid-off in the penultimate over before a rare show of aggression Sibley calmly swatted Liam Dawson over the wide long on boundary but at the other end Jordan Clark, Matthew Fisher and Kemar Roach fell cheaply after tea and when last man Dan Worrall came out Sibley was still 15 runs short of his six, this time off Wheal over square-leg, took him into the 90s and with Worrall, who has made two fifties in his career, looking comfortable at the other end Sibley duly reached the 23rd hundred of his career before taking the acclaim of a crowd of 5, batted just shy of six-and-a-half hours, faced 217 balls and hit nine fours as he became the first Surrey batter since Burns in 2017 – also against Hampshire – to carry his Reporters Network supported by Rothesay
Yahoo
30-03-2025
- Business
- Yahoo
Texas developer building out pipeline in Charlotte area
Texas multifamily developer Kairoi Residential's latest Charlotte-area project is closing in on a construction milestone. Kairoi is about 60 days away from going vertical on a 274-unit apartment community at 9911 Monroe Road in Matthews, said Tyler Sibley, the firm's principal of development. Kairoi filed building permits earlier this month with Mecklenburg County totaling more than $5 million for construction of the structure's shell and core, county records show. READ: Long-awaited portion Little Sugar Creek Greenway reopens Construction began in November, and Sibley said crews are wrapping up underground utility work and building retaining walls along Monroe Road. Next up is pouring the foundation and framing the buildings. The first units are slated to deliver in April 2026, with full completion expected next fall. Kairoi's first Charlotte project was 5Line, a development in lower South End with 434 apartments and 82 townhomes. Sibley said Kairoi has several other local projects in the pipeline, including one at 650 State St. in Charlotte's Seversville neighborhood. Read the full story here. WATCH: Long-awaited portion Little Sugar Creek Greenway reopens
