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Why oil price isn't what this $US1.2 trillion manager is watching
Why oil price isn't what this $US1.2 trillion manager is watching

AU Financial Review

time7 days ago

  • Business
  • AU Financial Review

Why oil price isn't what this $US1.2 trillion manager is watching

Crude oil futures back above $US72 a barrel for the first time in months has sparked fears about inflation and economic growth. Some commentators are even saying it will make it harder for the Federal Reserve to cut rates. But Anders Persson, global fixed income chief investment officer at $US1.3 trillion ($2 trillion) asset manager Nuveen, says the market or economic impact isn't worth losing too much sleep over.

High-level coach talks to students about success
High-level coach talks to students about success

Otago Daily Times

time10-06-2025

  • Sport
  • Otago Daily Times

High-level coach talks to students about success

One of New Zealand's best-known sport coaching and high-performance consultants came to Gore last week to teach local educators how to get the best response from their athletes. Dave Hadfield gave a mental skills masterclass last Wednesday at the Gore Library, telling the audience his whakapapa, some key coaching concepts and his success stories with famous athletes. Mr Hadfield consulted both elite players and coaches of New Zealand rugby teams for 25 years, and has worked internationally with the Toronto Blue Jays in Major League Baseball since 2017. Once a fourth generation sheep and beef farmer on the Kapiti Coast, Mr Hadfield had to sell when interest rates peaked in the 1980s. The loss of the family farm caused him to sink into a very big hole, he said. "Looking back now at what I know now, I was clinically depressed," he said. Following this, he went to university and earned a degree in psychology. With experience playing rugby and coaching cricket he was approached by close friend, former All Black captain Graham Mourie, to help his coaching of the Hurricanes and carried on from there. During the talk, he spoke of the importance, at the age of 73, to continue learning and to keep an open mind to new concepts. "I've got pretty well established views on things, but I'm always open to tweaking." He spoke of different coaching styles, ranging from the "I'll teach you" to the "you get on with it" approach. None of the styles were wrong, he said, but had to be applied to the right style of learner. When consulting rugby coaches, and especially with high school teams, he said he encouraged them to identify two or three leaders in a team. He said those leaders would help guide the group. He also told of a Blue Jays player who was batting against a machine and constantly missing. He asked the player if he could remember a time when he was always hitting the ball. The player said he did and Mr Hadfield told the batter to shut his eyes and imagine he was back in that moment. Once there, Mr Hadfield instructed the player take some swings. "And then he just went whack, whack, whack, whack," he said. After successfully hitting the ball several times, the player gave Mr Hadfield a hug and the consultant said he had to explain to the coaches that he was not a guru. He had just applied the "listening to and asking questions" style of coaching to the player, who ended up signing a $US1.3 million ($NZ2.15m) contract. Mr Hadfield's visit to Gore was a fundraiser for Māruawai College's basketball team. His son Sam Hadfield teaches music and kapa haka at the school.

One of the world's busiest airports gets a $2 billion upgrade
One of the world's busiest airports gets a $2 billion upgrade

Sydney Morning Herald

time04-06-2025

  • Business
  • Sydney Morning Herald

One of the world's busiest airports gets a $2 billion upgrade

The look A distinctive multi-peaked roof mimics Colorado's Rocky Mountains with 34 Teflon fibreglass 'tents' housing Denver's unique passenger terminal complex. The design has won numerous architectural awards and still dazzles from where it sits at the adventure gateway to the Rockies, despite clocking its 30th birthday in 2025. Inside, the pavilion-like roof utilises sustainable heating systems and gives a spacious, airy feeling alongside walls of glass to let natural light in and break up hours of claustrophobic, temperature-controlled travel. Small portions are currently boarded up – but don't feel obtrusive – as the airport undergoes a $US1.3 billion refurbishment known as the 'Great Hall Program' to be completed in 2027. Check in It's the age of unmanned check-in kiosks and a few self-service screens are stalled by a 'loading' death spiral. I soon ask for human assistance anyway, because the 23-kilogram baggage limit on United Airlines won't compute with the 30-kilogram limit I've been allocated by booking Denver-Sydney through Qantas as a Silver Frequent Flyer. A gruff employee quickly overrides the $US200 overweight charge, and my haul of heavy ski jackets and snow boots trundle off into the airport's belly. Security Denver is the third-busiest airport in the US, serving more than 82.4 million passengers in 2024. The security lines, until recently, were notorious. Fortunately, the most important upgrades of the Great Hall Program are 17 new security screening lanes – all operating at rapid pace when I go through West Security Checkpoint. There's a five-minute wait before I remove my coat, shoes, belt and a newly acquired cowgirl hat to go through. The most time-consuming process is getting to the actual gates - Denver airport has the largest land footprint in the US and it's a 2.3-kilometre walk to the furthest gate. But the journey is straightforward via an automated underground train transporting passengers to A, B and C concourses. Food + drink I pop out at Concourse B where there's a plethora of options with quick eats led by American juggernauts Chick-fil-A, Jamba Juice, Shake Shack, SmashBurger and Starbucks. Modern Market appears to be the healthiest option with salads, soups and sandwiches. Local Colorado brewery New Belgium Brewing keeps the boys on a buck's weekend watered, while Denver's legendary brunch diner Snooze A.M. Eatery serves all-day breakfast to the time-zone-addled. Retail therapy Duty free includes the usual perfumes, makeup and alcohol stores alongside knickknacks and convenience items. The independent Denver bookstore chain of Tattered Cover Book Stores vies for my remaining American dollars. Alas, those end up going to a $US20 neck pillow after kicking myself when I realise I left mine in the hotel. Passing time Having arrived at the rental car drop-off three hours before my flight, the meandering journey to my gate leaves little time before boarding. I'd otherwise check out the golf simulator on Concourse A, the express day spa on Concourse C, or make friends with the Canine Airport Therapy Squad (CATS) team of happy pooches and one feline trotting around. But for 20 minutes I'm fully content to log into the airport's free Wi-Fi, sink into rows of padded seating in front of floor-to-ceiling glass and watch the sun set over the Rocky Mountains. The verdict Loading My worst airport experience ever was in this very terminal 10 years ago on a public holiday, when I waited in a snaking security queue that filled the entrance hall and extended out the automatic doors into the snow. Today, recent upgrades make it one of the best. Security screening is no longer the Wild West and accessing Colorado's four national parks and 28 ski resorts just got easier. Our rating out of five ★★★★½

One of the world's busiest airports gets a $2 billion upgrade
One of the world's busiest airports gets a $2 billion upgrade

The Age

time04-06-2025

  • Business
  • The Age

One of the world's busiest airports gets a $2 billion upgrade

The look A distinctive multi-peaked roof mimics Colorado's Rocky Mountains with 34 Teflon fibreglass 'tents' housing Denver's unique passenger terminal complex. The design has won numerous architectural awards and still dazzles from where it sits at the adventure gateway to the Rockies, despite clocking its 30th birthday in 2025. Inside, the pavilion-like roof utilises sustainable heating systems and gives a spacious, airy feeling alongside walls of glass to let natural light in and break up hours of claustrophobic, temperature-controlled travel. Small portions are currently boarded up – but don't feel obtrusive – as the airport undergoes a $US1.3 billion refurbishment known as the 'Great Hall Program' to be completed in 2027. Check in It's the age of unmanned check-in kiosks and a few self-service screens are stalled by a 'loading' death spiral. I soon ask for human assistance anyway, because the 23-kilogram baggage limit on United Airlines won't compute with the 30-kilogram limit I've been allocated by booking Denver-Sydney through Qantas as a Silver Frequent Flyer. A gruff employee quickly overrides the $US200 overweight charge, and my haul of heavy ski jackets and snow boots trundle off into the airport's belly. Security Denver is the third-busiest airport in the US, serving more than 82.4 million passengers in 2024. The security lines, until recently, were notorious. Fortunately, the most important upgrades of the Great Hall Program are 17 new security screening lanes – all operating at rapid pace when I go through West Security Checkpoint. There's a five-minute wait before I remove my coat, shoes, belt and a newly acquired cowgirl hat to go through. The most time-consuming process is getting to the actual gates - Denver airport has the largest land footprint in the US and it's a 2.3-kilometre walk to the furthest gate. But the journey is straightforward via an automated underground train transporting passengers to A, B and C concourses. Food + drink I pop out at Concourse B where there's a plethora of options with quick eats led by American juggernauts Chick-fil-A, Jamba Juice, Shake Shack, SmashBurger and Starbucks. Modern Market appears to be the healthiest option with salads, soups and sandwiches. Local Colorado brewery New Belgium Brewing keeps the boys on a buck's weekend watered, while Denver's legendary brunch diner Snooze A.M. Eatery serves all-day breakfast to the time-zone-addled. Retail therapy Duty free includes the usual perfumes, makeup and alcohol stores alongside knickknacks and convenience items. The independent Denver bookstore chain of Tattered Cover Book Stores vies for my remaining American dollars. Alas, those end up going to a $US20 neck pillow after kicking myself when I realise I left mine in the hotel. Passing time Having arrived at the rental car drop-off three hours before my flight, the meandering journey to my gate leaves little time before boarding. I'd otherwise check out the golf simulator on Concourse A, the express day spa on Concourse C, or make friends with the Canine Airport Therapy Squad (CATS) team of happy pooches and one feline trotting around. But for 20 minutes I'm fully content to log into the airport's free Wi-Fi, sink into rows of padded seating in front of floor-to-ceiling glass and watch the sun set over the Rocky Mountains. The verdict Loading My worst airport experience ever was in this very terminal 10 years ago on a public holiday, when I waited in a snaking security queue that filled the entrance hall and extended out the automatic doors into the snow. Today, recent upgrades make it one of the best. Security screening is no longer the Wild West and accessing Colorado's four national parks and 28 ski resorts just got easier. Our rating out of five ★★★★½

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