first_imgMartinez, who had fully dominated Balazs on Friday, was caught in the resumption regardless that he regained the break with which his rival was positioned with a threatening 4-2 on the scoreboard Then he was two factors behind with 5-Four and serve, however in the tenth recreation he misplaced his service once more and the match was equal. In the third spherical, every thing was twisted to the Spaniard, who noticed how the Hungarian endorsed him a devastating 5-0. With all misplaced, Pedro was launched and shortened distances (5-2), however one other break gave Attila the victory, which can play the fourth ATP semifinal of his life. Pedro Martínez stayed one step away from the semifinals of the Open River by falling 2-6, 6-Four and 6-Zero in opposition to the Hungarian Attila Balazs (31 years and 106th) in a recreation that began on Friday and ended this Saturday after being suspended due to the rain with 2-2 in the second set.A pity, as a result of the alzireño, who needed to undergo the earlier one, misplaced a fantastic alternative to battle for the closing of an ATP 500 in the best tournament of his profession in the skilled Tour. It had by no means handed eighths to this point. In truth, he gained his first recreation this yr and did it massive, in the Australian Open in opposition to the German Dominik Koepfer. Having gained in Rio, he would have confronted one other participant of the qualy (like Balazs himself), Gianluca Mager (25 years and 128º), which stunned the first favourite, the Austrian and finalist in Melbourne, Dominic Thiem. In one other recreation suspended on the earlier day, the semi-unknown Mager gained 7-6 (4) and 7-5 and can play the first closing of his profession.last_img read more

first_img Share this storyAviva Canada facing possible job cuts as U.K. parent seeks hundreds of millions in savings Tumblr Pinterest Google+ LinkedIn Sponsored By: One of Canada’s biggest property and casualty insurers is facing possible job cuts as its parent company in the United Kingdom tries to find millions in cost savings across all of its markets.London-headquartered Aviva Plc announced Thursday that it plans on reducing expenses by £300 million per annum by 2022.Those savings, Aviva said, will come via lower central costs, less spending on contractors and consultants, reduced project expenditures and other, unnamed efficiencies. June 6, 20193:24 PM EDT Filed under News FP Street 0 Comments Comment Join the conversation → Reddit Email Geoff Zochodne Aviva’s head office in the city of London. The U.K. insurer is trying to find millions in cost savings.Reuters/Simon Dawson/File Recommended For YouMDA Awarded Canadian Government Contract to Deliver Search and Rescue Repeaters for SatellitesSingapore-based company is buying the biggest shipping container terminal in eastern CanadaInagene Diagnostics Inc. Announces New CEOPRECIOUS-Gold drops as bets fade for big Fed rate cut fade; eyes on trade talks’John Wick 3′ dethrones ‘Avengers: Endgame’ with $57 million Facebook It would also involve “approximately 1,800 role reductions across the group over the next three years,” which would be carved out of its total workforce of around 30,000, the company said.“Reducing Aviva’s costs is essential to remain competitive and this means tough decisions and job losses which I do not take lightly,” chief executive Maurice Tulloch said in a release. “We will do all we can to minimize redundancies and support our people through this.” OSFI raises capital buffer for banks too big to fail as outlook darkens Ontario aims to sell infrastructure expertise abroad — and boost business at home Canada’s biggest banks are finding their growth everywhere but Canada An Aviva spokesperson told the Financial Post in an email that the 1,800 cuts will come from across the company’s global operations, in all of its functions and markets. However, they said, it was too early to speculate on the impact on specific markets.Aviva Canada Inc., a subsidiary of U.K.-based Aviva, is the second-biggest property and casualty insurance company in Canada.The company provides coverage to 2.8 million customers and employs more than 4,000 people (its parent also says it is the “leading” insurer in the U.K., serving one in four households).In 2016, Aviva Canada acquired Royal Bank of Canada’s RBC General Insurance Co. in an approximately $600-million deal. Under the terms of the agreement, around 550 RBC Insurance employees were to join Aviva.Canada, though, has given Aviva some challenges. In 2017, its Canadian results were hit by higher claims costs in auto insurance, which the company responded to by increasing premium rates, cancelling some broker relationships and adjusting its underwriting “appetite,” its 2018 annual report said.Adjusted operating profit in Canada was “flat” last year, Aviva said, at £46 million (out of £3.1 billion for the entire company), as the insurer faced “elevated weather and large loss experience, persistent challenges in motor insurance and costs relating to the completion of the RBC Insurance integration.”Aviva is shaking up its broader operations under Tulloch, who offered an update to analysts and investors on Thursday after stepping into the role in March 2019.The company’s plans include managing Aviva’s life and general insurance businesses in the U.K. separately, a “progressive” dividend policy and reducing debt by at least £1.5 billion, a release said.Aviva added that weaker performance in its savings and asset-management operations have been partly offset by its growth in Europe and Asia, “together with progress on our turnaround in Canada.”• Email: gzochodne@nationalpost.com | Twitter: Aviva Canada facing possible job cuts as U.K. parent seeks hundreds of millions in savings 1,800 jobs to be cut globally advertisement More Featured Stories What you need to know about passing the family cottage to the next generation Twitter ← Previous Next →last_img read more