The important advice Stephen Hawking gave to his children

first_imgChris Williamson/Getty Images(NEW YORK) — Several years before his death, Stephen Hawking revealed the special advice he gave his children as they navigated the many complexities of human life.The famed theoretical physicist and bestselling author was asked in a 2010 interview with ABC News’ Diane Sawyer on World News Tonight about the best fatherly advice he had given to his daughter, Lucy, and his two sons, Robert and Tim.“Here are the most important pieces of advice that I’ve passed on to my children,” Hawking said. “One, remember to look up at the stars and not down at your feet. Two, never give up work. Work gives you meaning and purpose, and life is empty without it. Three, if you are lucky enough to find love, remember it is rare and don’t throw it away.”Hawking “died peacefully” at his home in Cambridge, England, early Wednesday morning, a family spokesman told ABC News. He was 76.“We are deeply saddened that our beloved father passed away today. He was a great scientist and an extraordinary man whose work and legacy will live on for many years,” Hawking’s family said in a statement. “His courage and persistence with his brilliance and humor inspired people across the world. He once said, ‘It would not be much of a universe if it wasn’t home to the people you love.’ We will miss him forever.”Born in Oxford, England, on Jan. 8, 1942, Hawking was only 21 years old when he was diagnosed with amyotrophic lateral sclerosis, a form of motor neurone disease more commonly called ALS or Lou Gehrig’s disease, according to his official website. He developed severe physical disabilities but defied all odds by living far past the average lifespan for people with this disease.Hawking, whose books included A Brief History of Time and The Universe in a Nutshell, captured the public imagination with his remarkable scientific achievements in probing the deepest mysteries of the cosmos, despite being in a wheelchair and dependent on a computerized voice system to communicate.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

ReNew IPO a Clear Indicator of India’s Growing Renewables Sector

first_img FacebookTwitterLinkedInEmailPrint分享Quartz:The first initial public offering (IPO) in India from the booming renewable energy sector is here.ReNew Power, India’s largest renewable energy producer, is looking to raise Rs2,600 crore ($390 million) through its first public share sale. The move comes just a month after ReNew sealed India’s biggest renewable energy deal when it acquired New Delhi-based Ostro Energy for around $1.5 billion.The company intends to utilize the funds from the share sale to acquire companies and repay loans of certain subsidiaries, among other things. The IPO will comprise a fresh issue of shares worth Rs 2,600 crore, while existing shareholders, including Global Environment Fund, Green Rock Energy and GS Wyvern Holdings, an investment arm of Goldman Sachs, will sell some of their equity.Founded by Sumant Sinha, a former Wall Street banker, ReNew currently has an installed capacity of over 5,800 megawatts (MW) across wind and solar power plants. The seven-year-old company is backed by Goldmans Sachs, Abu Dhabi Investment Authority, Canada Pension Plan Investment Board, among other investors, and is valued at around $2 billion.While New Delhi-based solar power producer Azure Power went public in 2016 and listed on the New York Stock Exchange, ReNew’s will be the first public issue by a homegrown clean energy company on the Indian bourses.The success or failure of ReNew Power’s IPO will also be a benchmark for the rest of the sector. “(The) renewables sector has reached an inflection point now,” said Amit Kumar, a partner at consulting firm PwC, who focuses on the clean energy sector. A successful IPO from ReNew could give other Indian renewable energy players the confidence to raise funds from the Indian market, Kumar added.More: India’s Largest Renewable Power Company Is Set To Go Public ReNew IPO a Clear Indicator of India’s Growing Renewables Sectorlast_img read more

Wednesday people roundup

first_imgPGGM Investments, KAS Bank, LGPS Advisory Board, Janus Capital, Legg Mason, Aviva Investors, Spence & Partners, International Accounting Standards BoardPGGM Investments – Michel Braber has been appointed risk manager at PGGM Investments, the €182bn asset manager for the healthcare pension fund PFZW. He joins from custodian KAS Bank, where he has been adviser for institutional risk management since 2011. He has also served as a member of the investment committee of the company’s pension fund.LGPS Advisory Board – Roger Phillips has been named chairman of the advisory board for local government pension schemes (LGPS) in England and Wales. Phillips, deputy to inaugural chair Joanne Segars, is a former leader of Herefordshire Council and has also chaired the Local Government Association’s pensions committee.Janus Capital – Chris Justice has been promoted to COO and head of Europe. He was previously based in Hong Kong as head of strategic initiatives for the APAC and EMEA regions. Prior to joining Janus in 2013, Justice was managing director at Quam in Hong Kong, where he led a team of research analysts and asset managers. Legg Mason – Rick Andrews has been appointed head of international marketing. He joins from Aviva Investors, where he was most recently a consultant, leading the reorganisation of the Global Business Development function.Spence & Partners – Simon Cohen has been appointed head of investment at the UK actuarial and consultancy firm. Cohen became a Fellow of the Institute and Faculty of Actuaries in 2000. He has worked for three major consultancies, holding senior roles in investment consulting and management positions. International Accounting Standards Board (IASB) – Takatsugu Ochi has been appointed for a second three-year term, while Pat Finnegan is set to retire. Ochi has previously served as assistant general manager of the financial resources management group at Sumitomo Corporation and as a member of the IFRS Interpretations Committee. Finnegan was appointed to the board in July 2009, having previously served as director of the Financial Reporting Policy Group at the CFA Institute Centre for Financial Market Integrity, as well as a former managing director at Moody’s Corporate Finance Group.last_img read more