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773880

the-times-of-india

The Times of India

ETMarkets.com

Buy Century Plyboards (India), target price Rs 760: ICICI Securities

Century Plyboards (India) Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 14199.08 Crore) operating in Building Materials sector.

https://economictimes.indiatimes.com/markets/stocks/recos/buy-century-plyboards-india-target-price-rs-760-icici-securities/articleshow/105580754.cms

2023-11-29 04:50:55

ICICI Securities has buy call on Century Plyboards (India) with a target price of Rs 760. The current market price of Century Plyboards (India) Ltd. is Rs 638.05.Century Plyboards (India) Ltd., incor… [+867 chars]

India

Shutterstock.com Promoters held 73.04 per cent stake in the company as of 30-Sep-2023, while FIIs owned 5.61 per cent, DIIs 14.48 per cent. ICICI Securities has buy call on Century Plyboards (India) with a target price of Rs 760. The current market price of Century Plyboards (India) Ltd. is Rs 638.05. Century Plyboards (India) Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 14199.08 Crore) operating in Building Materials sector. Century Plyboards (India) Ltd. key Products/Revenue Segments include MDF Board, Prelaminated Particle Board, Freight & Other Containers, Veneers, Others, Agricultural Products, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2022. Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 1011.42 Crore, up 11.99 % from last quarter Total Income of Rs 903.16 Crore and up 8.88 % from last year same quarter Total Income of Rs 928.97 Crore. Company reported net profit after tax of Rs 97.12 Crore in latest quarter. Promoter/FII Holdings Promoters held 73.04 per cent stake in the company as of 30-Sep-2023, while FIIs owned 5.61 per cent, DIIs 14.48 per cent. Connect with Experts - Wealth creation made easy (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Century Plyboards stocks century ply century plyboard century plyboards century plyboards (i) century plyboards (i) ltd century plyboards (i) ltd. Century Plyboards (India) Century Plyboards (India) Ltd century plyboards i (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper and Sensex Today Live . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773965

the-times-of-india

The Times of India

ETMarkets.com

Stock market update: Nifty Pharma index advances 0.39% in an upbeat market

The Nifty Pharma index was trading 0.39 per cent up at 15961.75.

https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-pharma-index-advances-0-39-in-an-upbeat-market/articleshow/105581759.cms

2023-11-29 05:29:57

NEW DELHI: The Nifty Pharma index traded positive around 10:59AM(IST)on Wednesday in an upbeat market. Granules India Ltd.(up 1.74 per cent), Aurobindo Pharma Ltd.(up 1.25 per cent), Laurus Labs Ltd.… [+1055 chars]

India

Getty Images India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range. NEW DELHI: The Nifty Pharma index traded positive around 10:59AM(IST)on Wednesday in an upbeat market. Granules India Ltd.(up 1.74 per cent), Aurobindo Pharma Ltd.(up 1.25 per cent), Laurus Labs Ltd.(up 1.22 per cent), Torrent Pharmaceuticals Ltd.(up 1.07 per cent) and Ipca Laboratories Ltd.(up 0.95 per cent) were among the top gainers. Sanofi India Ltd.(down 0.95 per cent), Pfizer Ltd.(down 0.5 per cent), Gland Pharma Ltd.(down 0.28 per cent), Divi's Laboratories Ltd.(down 0.19 per cent) and Dr. Reddy's Laboratories Ltd.(down 0.12 per cent) were the top losers on the index. The Nifty Pharma index was up 0.39 per cent at 15961.75 at the time of writing this report. Benchmark NSE Nifty50 index was up 113.8 points at 20003.5, while the BSE Sensex was up 381.14 points at 66555.34. Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red. Shares of Indian Renewable, YES Bank, JP Power, Zomato and IFCI were among the most traded shares on the NSE. Shares of Mindteck India, Torrent Power, Aster DM Health, Cybertech Sys and Mangalam Cement hit their fresh 52-week highs in today's trade, while Bohra Industries, Arshiya, Karda Const, Fourth Dimension Sol and Raj Rayon hit fresh 52-week lows in trade. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on Indices Indices stocks Indices news Indices updates stock market indices Global market indices nifty indices (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773884

the-times-of-india

The Times of India

ETtech

Hopeful PayU India will be IPO-ready by H2 2024: Prosus interim CEO

“We are growing very well not only on payments but on the credit side too,” Ervin Tu said. In his view, the public markets in India are very healthy.

https://economictimes.indiatimes.com/tech/technology/hopeful-payu-india-will-be-ipo-ready-by-h2-2024-prosus-interim-ceo/articleshow/105588740.cms

2023-11-29 08:43:35

Virtual Influencers Now Making Real Money? AI, AI, Sir!As social media influencers, Kyra and Naina have hit the big time. Only thing is, theyre not actually real not entirely anyway. Titan, Realme, M… [+199 chars]

India

ETtech Prosus interim CEO Ervin Tu Digital payments major PayU could be ready for a public listing in India by the second half of next year, Ervin Tu , interim CEO of Prosus, said on Wednesday. Prosus, the Netherlands-based technology investment firm, owns PayU India , which offers financial services like merchant payments and consumer credit here. ET wrote on November 16 that PayU is looking to tap into business payments too. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Northwestern University Kellogg Post Graduate Certificate in Product Management Visit IIM Kozhikode IIMK Advanced Data Science For Managers Visit Indian School of Business ISB Professional Certificate in Product Management Visit “We are working very hard to prepare the business (PayU India) to be in a listable form and aim to have it (ready for a public listing) by the second half of next year,” Tu said, addressing the press after announcing Prosus’ financial results for the first half of the current fiscal. Tu, the group chief investment officer for Prosus and Naspers, was appointed as the interim CEO, after Bob van Dijk stepped down in September. ET had reported on August 2 that PayU was looking for a public listing of its business entities in India. “We are growing very well not only on payments but on the credit side too,” Tu said. “There is great interest from foreign investors and (the) domestic investor base,” he added. Overall, he believes, the public market in India is very healthy. PayU’s listing ambitions in India face a major regulatory roadblock. Last year, the RBI had returned PayU’s application to become a payment aggregator in India. The company has re-applied for the licence plugging the gaps the regulator had pointed out in its application. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Last year PayU sold Global Payments Organisation (GPO) to Israeli payment processing firm Rapyd to focus on the India business. Currently Prosus runs PayU in India, Red Dot Payments in the South East Asian markets, and Izyco in Turkey. Its former India head Anirban Mukherjee is currently the CEO of PayU, overseeing its business in India, Turkey and South East Asia. In line with its ambitions for a public listing, PayU India appointed Arvind Agarwal as its chief financial officer. Agarwal has been credited with having taken Nykaa public as its finance head in 2021. The India business for PayU continues to be extremely important for the group, given around 48% of its total financial services revenue comes from here. In the first half of the current fiscal, PayU reported $211 million in revenue from its India operations. At the current run rate, PayU is expected to surpass its entire last year revenue of $399 million. The company said that in the first half of the current fiscal its total payment volume grew 18% year-on-year. In FY23, PayU had settled 1.4 billion transactions with a total payment value of $58 billion. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on india initial public offering PayU India reserve bank of india ervin tu Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

773885

the-times-of-india

The Times of India

ETtech

PayU India income rises to $211 million in first half of FY24, LazyCard biz shuttered

The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after an order from RBI.

https://economictimes.indiatimes.com/tech/technology/payu-india-income-rises-to-211-million-in-first-half-of-fy24-lazycard-biz-shuttered/articleshow/105584115.cms

2023-11-29 06:46:45

Virtual Influencers Now Making Real Money? AI, AI, Sir!As social media influencers, Kyra and Naina have hit the big time. Only thing is, theyre not actually real not entirely anyway. Titan, Realme, M… [+199 chars]

India

ETtech Prosus , the Dutch-listed arm of South African technology investor Naspers , on Wednesday said that its fintech subsidiary PayU India , recorded total revenues of $211 million from its core payments business, for the first six months of FY24, clocking a 15% increase over the same period last year. It also said that PayU India has shuttered its buy-now-pay-later (BNPL) prepaid card business LazyCard . Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Indian School of Business ISB Digital Transformation Visit IIM Kozhikode IIMK Senior Management Programme Visit Indian School of Business ISB Product Management Visit The growth in revenues for the Indian subsidiary largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused after a Reserve Bank of India ( RBI ) order. The RBI has asked PayU India to reapply for a licence, ET reported exclusively on January 12. Commenting on the embargo by the RBI on new merchant signups, Prosus said, “The regulatory approvals relate to onboarding new online merchants while we continue to provide payment services to our existing online merchants. We are working closely with the relevant authorities and expect a resolution soon.” PayU India had reported revenues of $399 million in FY23, up 31% from the previous fiscal year. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Also read | PayU eyes B2B pay, credit play under new top brass Shuttering of LazyCard Prosus said the shuttering of its LazyCard business has led to narrowing of losses and improved profitability for the overall fintech and payments portfolio of the group. PayU was looking to change LazyCard to a credit card product instead of a prepaid card and reissue it to consumers, ET had reported in July last year. However, it appears those plans have been shelved with the closing of the product line. Other factors leading to the narrowing of losses for Prosus’ fintech business include improved profitability in its global payment organisation (GPO) unit. In August, PayU reached an agreement to sell its GPO business , which includes business lines across markets such as Latin America, Central and Eastern Europe as well as Africa, to fintech service provider Rapyd. The sale is expected to close in the first half of calendar 2024, with the core payments business now comprising PayU India, Iyzico in Turkey, and Red Dot Payments in South-east Asia. With GPO still contributing to PayU’s business, the overall performance figures for PayU include numbers from the GPO vertical. India pushes PayU growth With the growth seen in India payments and credit business, Prosus said that PayU has seen its consolidated revenue grow 21% on a yearly basis to $497 million, in the first half of FY24. PayU’s consolidated revenue includes income from core payments business, credit and other revenue lines. As of September-end, India contributed 48% of PayU’s core payments revenue, its largest market. On a consolidated basis, PayU’s core payments business revenue (includes GPO, India and other geographies) grew by 21% year-on-year to $440 million in the first half of FY24, Prosus said. Further, total payment value (TPV) clocked by PayU stood at $55 billion in the first six months of FY24. Credit business growth For the first half of FY24, PayU’s credit business LazyPay (in India), clocked a revenue of $43 million, a 23% year-on-year growth, despite regulatory headwinds, Prosus added. “During 1H24 (first half of FY24) it (credit business) was impacted by regulatory uncertainty. The loss ratio was 2.5% in line with the growing loan book and remains below the industry average. India credit has a loan book of $338 million at the end of September 2023 after issuing $362 million in credit during the first half of FY24,” Prosus said as a part of its half-yearly results. LazyPay posted a revenue of $83 million in FY23. Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on lazycard rbi PayU India Prosus Naspers Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition From the Internet to cloud to AI: the musical chair of strategy and performance in Indian IT industry How a humble bamboo can transform real-estate sector’s messy carbon problems Silent killer: India gasps for breath as COPD spreads to rural areas, affects non-smokers. Gold prices will be impacted by Fed moves, geopolitical scenarios and upcoming polls 3 insights to kick-start your day, featuring PhonePe’s latest big move Stock Radar: 11% rally in a month! This heavy equipment maker is likely to surpass Rs 5,000 levels to hit fresh highs 1 2 3 View all Stories

773892

the-times-of-india

The Times of India

ETMarkets.com

Stock market update: Fertilisers stocks up as market rises

The 30-share BSE Sensex was up 401.22 points at 66575.42

https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-fertilisers-stocks-up-as-market-rises/articleshow/105581640.cms

2023-11-29 05:24:45

NEW DELHI: Fertilisers stocks were trading higher on Wednesday at 10:54AM Deepak Fertilizers & Petrochemicals(up 3.26%), G S F C(up 2.98%), Rama Phosphates(up 1.66%), Sikko Industries(up 1.16%), … [+1601 chars]

India

Getty Images Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs. NEW DELHI: Fertilisers stocks were trading higher on Wednesday at 10:54AM Deepak Fertilizers & Petrochemicals(up 3.26%), G S F C(up 2.98%), Rama Phosphates(up 1.66%), Sikko Industries(up 1.16%), Rashtriya Chemicals & Fertilizers(up 0.90%), Chambal Fertilisers & Chemicals(up 0.46%), Fertilizers & Chemicals Tranvancore(up 0.43%), Coromandel International(up 0.33%), ZUARIAGRO(up 0.33%) and Southern Petrochemicals Industries(up 0.21%) were among the top gainers. Bohra Industries(down 5.01%), Khaitan Chemicals & Fertilizers(down 0.90%), Agro Phos(down 0.64%), Aries Agro(down 0.58%), Madras Fertlizers(down 0.43%), Gujarat Narmada Valley Fertilizers (down 0.39%), Paradeep Phosphates(down 0.38%), Madhya Bharat Agro Products(down 0.38%), Mangalore Chemicals & Fertilizers(down 0.09%) and National Fertilizer(down 0.07%) were among the top losers. The NSE Nifty50 index was trading 117.95 points up at 20007.65, while the 30-share BSE Sensex was up 401.22 points at 66575.42 at around 10:54AM. Mahindra & Mahindra Ltd.(up 2.74%), Hero MotoCorp Ltd.(up 2.41%), Wipro Ltd.(up 2.35%), Tech Mahindra Ltd.(up 2.12%), HCL Technologies Ltd.(up 1.46%), Axis Bank Ltd.(up 1.37%), Britannia Industries Ltd.(up 1.37%), LTIMindtree Ltd.(up 1.28%), Bharti Airtel Ltd.(up 1.15%) and HDFC Bank Ltd.(up 1.05%) were among the top gainers in the Nifty pack. On the other hand, Bharat Petroleum Corporation Ltd.(down 0.54%), Adani Enterprises Ltd.(down 0.37%), Coal India Ltd.(down 0.36%), NTPC Ltd.(down 0.34%), Adani Ports & Special Economic Zone Ltd.(down 0.15%), Oil And Natural Gas Corporation Ltd.(down 0.15%), Divi's Laboratories Ltd.(down 0.11%), ITC Ltd.(down 0.03%), Titan Company Ltd.(down 0.03%) and HDFC Life Insurance Company Ltd.(down 0.03%) were trading in the red. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on Stock Market Sectors Sectors in stock Market India stock market sectors Global Stock Market Sectors S&P 500 Sectors S&P Sectors (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773894

the-times-of-india

The Times of India

ETMarkets.com

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Adani Ent., ONGC, Divis Labs, Nestle India and Titan Company were among the top losers on NSE in today's trade.

https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-stocks-that-hit-52-week-lows-on-nse-in-todays-trade/articleshow/105593802.cms

2023-11-29 10:50:21

Virtual Influencers Now Making Real Money? AI, AI, Sir!As social media influencers, Kyra and Naina have hit the big time. Only thing is, theyre not actually real not entirely anyway. Titan, Realme, M… [+199 chars]

India

Getty Images India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range. NEW DELHI: Bohra Industries, Karda Const, Fourth Dimension Sol, Raj Rayon and SEL Manufact and others were among the stocks that touched their 52-week lows in today's trade. Domestic benchmark index NSE Nifty ended 206.9 points up at 20096.6, while the BSE Sensex closed 727.71 points up at 66901.91. On the other hand, Aster DM Health, Shradha Infraproject, Marksans Pharma, Torrent Power and Minda Corp. stocks hit their fresh 52-week highs today. In the Nifty 50 index, Axis Bank, Hero MotoCorp, M&M, Wipro and Tata Motors were among the top gainers on the NSE in the today's trade. Meanwhile, Adani Ent., ONGC, Divis Labs, Nestle India and Titan Company were among the top losers of the day. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on 52 week high stocks nse 52 week high 52 week high stocks today nse stocks update NSE updates today (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773900

nan

ETF Daily News

MarketBeat News

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) Sees Significant Decline in Short Interest

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF – Get Free Report) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,618,500 shares, a decrease of 58.3% …

https://www.etfdailynews.com/2023/11/29/budweiser-brewing-company-apac-limited-otcmktsbdwbf-sees-significant-decline-in-short-interest/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/budweiser-brewing-company-apac-limited-logo.png?v=20220215081016&w=240&h=240&zc=2

2023-11-29 13:02:45

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF – Get Free Report) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was sho… [+1266 chars]

India

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF–Get Free Report) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,618,500 shares, a decrease of 58.3% from the October 31st total of 3,882,900 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is currently 148.5 days. Shares ofOTCMKTS:BDWBFopened at $2.00 on Wednesday. Budweiser Brewing Company APAC has a twelve month low of $1.85 and a twelve month high of $3.16. The company’s 50 day moving average is $1.94 and its 200 day moving average is $2.27. (Get Free Report) Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverBudweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions. The company offers a portfolio of beer brands, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass, and Harbin.

773912

the-times-of-india

The Times of India

Diksha Tripathy

India's Q2 GDP Growth: Slowing speedometer in global race can’t deter the fastest growing economy

As India eagerly anticipates the release of its fiscal second-quarter growth numbers, two contrasting headlines emerge. On one hand, there's optimism as the gross domestic product (GDP) growth reading is poised to surpass initial forecasts. On the other hand,…

https://economictimes.indiatimes.com/news/economy/indicators/indias-q2-growth-slowing-speedometer-in-global-race-cant-deter-the-fastest-growing-economy/articleshow/105580903.cms

2023-11-29 05:01:03

There are two headlines that you can choose from Indias expected fiscal second quarter growth numbers. One is that the gross domestic product growth reading is likely to beat forecasts, the other is … [+4293 chars]

India

Q2 GDP growth data: Indian economy grows at 7.6% in Sept quarter, beats analysts' expectations There are two headlines that you can choose from India’s expected fiscal second quarter growth numbers. One is that the gross domestic product growth reading is likely to beat forecasts, the other is that the print will show a moderation from the first quarter number, which was a four-quarter high. Nonetheless, India is poised to maintain its status as the fastest-growing major economy in the world. Robust consumption and state-led spending on capital assets likely propelled India's economic growth beyond the RBI's projection of 6.5% in July-September quarter of FY24, according to economists. A median poll of 10 economists by the ET showed the economy clocking growth figures of 6.7%, 20 basis points more than that of the RBI estimate for the quarter. A Reuters poll of economists estimated India's GDP growth at 6.8% in the July-September period, easing from the previous quarter's 7.8%. India also stands poised to uphold its position as the fastest-growing major economy with growth expectations exceeding 6.0% over the next few years, surpassing most other major economies. This robust performance is attributed to the vigor in service activity and urban demand, even in the face of challenges posed by the global economic downturn affecting export growth. The positive outlook for the second quarter is partly fueled by increased government capital expenditure, reaching 4.91 trillion Indian rupees ($58.98 billion) in the first half of the fiscal year, surpassing the previous year's 3.43 trillion rupees. India is scheduled to release the GDP numbers for Q2FY24 at 5:30 pm on November 30. Catch all live updates here Consumer demand, a pivotal factor constituting approximately 60% of GDP growth, has proven resilient, primarily driven by urban dwellers. Despite inflationary pressures stemming from an erratic monsoon, demand from India's vast population of over 1.4 billion people remains steady. Rahul Bajoria at Barclays said, "Headline growth likely remained resilient...with utilities, services, and construction showing robust growth. Domestic demand remains the key economic driver of activity, as external demand continues to remain weak." Looking ahead, economists are divided on the primary drivers of economic growth for the remainder of the fiscal year. Fourteen economists point to government spending, 13 stress on consumption, and five highlight investment. The dichotomy between rural and urban demand is evident, with rural demand facing a temporary setback in the July-September quarter due to higher prices for everyday items. Economists, however, predict this weakness to be short-lived, with 69% expecting the gap between rural and urban consumption to narrow over the next two-to-three years. Upasana Chachra, Chief India Economist at Morgan Stanley, expresses optimism, stating, "We expect private consumption growth to recover further as it narrows the gap between rural and urban demand and between goods and services." Chachra highlights that an improvement in purchasing power, coupled with a moderation in core inflation , would support the revival of rural consumption. India's economic landscape remains resilient, propelled by strong domestic demand and government expenditure, positioning the country as a standout performer among major economies despite global challenges, according to some economists. Experts note that despite a slowdown in services growth in the second quarter, robust manufacturing and construction activity likely contributed to the positive growth. ICRA said that India's GDP growth likely moderated to 7% in Q2, considering a normalising base and erratic monsoon. The firm anticipates a lower GDP growth of 6.0% for FY2024, citing various factors impacting the economy. ICRA notes robust investment activity in the country during the second quarter, with seven out of eleven investment-related indicators showing improved year-on-year growth. The firm maintains a cautious outlook for the remainder of the fiscal year, considering various economic factors at play. India's continued economic momentum is being lauded amid a global environment that has become highly uncertain owing to risks associated with geopolitical conflicts, volatile energy prices and fears of a looming recession. Meanwhile, S&P points out that headline inflation will likely remain at RBI's 4% target, delaying potential rate cuts. The rating agency forecasts 5.5% inflation in FY24, declining to 4.5% in FY25. It expects inflation to average 4.7% in FY26 and FY27. ( Originally published on Nov 29, 2023 ) In Video: Q2 GDP growth data: Indian economy grows at 7.6% in Sept quarter, beats analysts' expectations Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on GDP Q2 icra india gdp q2 india gdp gdp gdp growth forecast q2 gdp numbers rbi inflation icra (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

773977

rt

RT

RT

Europe is ‘paradise’ – EU state’s leader

Irish Prime Minister Leo Varadkar said it was “totally wrong” to associate migrants with crime  Read Full Article at RT.com

https://www.rt.com/news/588170-varadkar-europe-paradise-riot-migration/

2023-11-29 00:10:24

Irish Prime Minister Leo Varadkar described Europe as “paradise” and his country as “one of the best parts of paradise,” urging citizens not not to link immigration with crime during a speech in parl… [+2429 chars]

Ireland

Irish Prime Minister Leo Varadkar described Europe as“paradise”and his country as“one of the best parts of paradise,”urging citizens not not to link immigration with crime during a speech in parliament on Tuesday. The PM’s comment came as Ireland continues to reel from the anti-immigrant riots that swept Dublin on Thursday night, after a man of Algerian descent allegedly stabbed three young children and their caregiver before he was subdued by bystanders. Because“Europe is paradise and Ireland is one of the best parts of paradise, thousands will come here and we just need to manage that as best we can,”Varadkar said, insisting that migrants were no more likely to commit crimes than anyone else and it was“totally wrong”to think otherwise. “In a country of 5.3 million people, if there are hundreds of thousands of migrants, there are going to be a few of them who commit terrible crimes, just as there are people born and bred in Ireland who commit terrible crimes every day, including murder,”the PM said. Acknowledging that the suspect in the stabbing case is a“migrant, though a citizen and someone who has been here for over 20 years,”Varadkar stressed that the parents of the five-year-old child that the attacker had put in the hospital were also migrants, as was the Brazilian delivery worker who hit the attacker with his helmet in order to protect the children and three others who intervened to stop the attack. “It is totally wrong to try to make out that there is a connection between crime and migration based on what happened on Parnell Street,”the Irish leader said, referring to the location of the school where the stabbing occurred. The attacker’s motive remains unknown. Several officers were injured in Thursday’s riot, while at least two buses, a tram and multiple police vehicles were torched. Dozens of rioters have been arrested. Irish authorities reacted to the worst unrest in Dublin in decades by vowing to strengthen hate speech laws and beef up surveillance. Justice Minister Helen McEntee rated the police response as“excellent,”while police commissioner Drew Harris denounced the rioters as“a complete lunatic hooligan faction driven by far right ideology.” While he acknowledged there was a“real concern”about the nation’s porous borders, Varadkar told legislators on Tuesday that the number of migrants seeking asylum in Ireland had declined from last year’s record high thanks to his efforts. The country has struggled to accommodate unprecedented immigration, with 141,000 arriving between April 2022 and April 2023 alone, according to the Central Statistics Office.

773918

the-times-of-india

The Times of India

Subhrojit Mallick

Android smartphone makers offering more software updates as premiumisation picks up pace in India

Major Android smartphone makers like Samsung, Xiaomi, and Oppo are extending their software update support to four years of major Android updates and an additional year of security updates. This move, led by Samsung, is driven by a growing trend of longer dev…

https://economictimes.indiatimes.com/industry/cons-products/electronics/android-smartphone-makers-offering-more-software-updates-as-premiumisation-picks-up-pace-in-india/articleshow/105592570.cms

2023-11-29 10:23:44

Android smartphone makers are upping their software update game, with some such as Samsung, Xiaomi and Oppo promising four years of major Android updates and another year of security updates, instead… [+4143 chars]

India

IANS Android smartphone makers are upping their software update game, with some such as Samsung , Xiaomi and Oppo promising four years of major Android updates and another year of security updates, instead of the standard two version upgrades, as premiumisation picks up pace in India. Samsung was the first among Android smartphone makers to announce scaling up of its after-sale software support with four generations of Android updates and five years of security updates across its ecosystem of devices, including smartphones, tablets and smartwatches. The company’s rationale for the move was that many of its customers were choosing to keep their devices for longer, whether they loved their specific smartphone model or wanted to help contribute to a more sustainable world. Indeed, replacement cycles have increased substantially from about two years earlier as the Indian smartphone market expands to more premium segments. Counterpoint Research data indicates premium smartphone users tend to stick to their devices for 40-44 months, as compared to about 36 months for users of budget smartphones, as devices have become more durable and powerful in terms of processing. Following Samsung’s footsteps, Xiaomi and Oppo also announced four years of version upgrades and an additional year of security update for their latest flagship models, stopping just short of spreading it across their portfolio for now. The reason for longer support for only the premium devices is a function of cost economics and what is known as customer life-cycle value, said Tarun Pathak, research director, Counterpoint Research. “Obviously, it’s built into the device cost, and brands are also working with Google and chipset vendors to make the update process more seamless,” he said. Amid increasing premiumisation in the smartphone market, users are demanding a certain level of security and new features in their devices for the time they use them, industry experts said, adding that brands also see this as an opportunity to monetise the user base for longer. “As people tend to use their devices for longer, brands have a longer time period to monetise them, whether it be through the software, service, accessories or ecosystem. Software updates elongate the life cycle, and the longer someone uses a device, the more is the opportunity for brands to earn revenue from them. This is called CLV or customer life-cycle value,” Pathak said. “For example, if I have an iPhone, I can use it for longer as compared to a three-year old Android phone which won’t get any further update and is essentially no longer fresh.” Delivering software updates, however, is a costly affair for Android firms. Industry experts said in a fragmented industry with a diverse supply chain each device needs dedicated resources to push out regular software updates. They said the more devices in the portfolio that firms commit to updating for a longer time period, the more resources they need to deploy. The firms also have to work with chipset vendors and Google, which deliver the base firmware and the open-source Android codebase respectively. Both parties have put in significant work over the years to simplify the update process, by creating a modular base that is common across devices. “All these brands have their own UI (user interfaces). They built these custom interfaces for monetisation and, of course, there are other features and experiences. So, when you want to update and upgrade every device in your portfolio, you have to rework the whole UI for them,” said Lava managing director Sunil Raina. “That will require significant resources. There’s more work to do. And, therefore, it takes time, effort and money. Therefore, sometimes they will do it, sometimes not.” Brands have a higher inclination to support their flagship phones with software updates for longer, because they have a higher profit margin, he said, adding, “For a phone priced at Rs 10,000, the additional effort is not worth it.” But Lava is taking a different approach. It has refrained from adding a customised UI layer on top of the basic Android interface that Google ships. As a result, the company is able to support its premium range (priced around Rs 20,000) with two Android version upgrades, and its budget devices with one version upgrade, along with quarterly security patches and bug fixes. ( Originally published on Nov 29, 2023 ) Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Android Software updates Oppo Android updates Samsung Xiaomi (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Recommended Stories France's SMCP strikes deal with Reliance to expand into India OPEC+ suppliers struggle to agree on cuts to oil production even as prices tumble CBIC instructs officials to upload digital summary of tax notices to boost transparency Disney CEO Iger promises 2026 exit, says ABC not for sale Essar Oil UK to invest $3.6 billion in greening operations Companies trying to junk consumer notions on packaged food NCLT dismisses insolvency resolution plea against Indamer Mjets Airport Service Irdai ups scrutiny of broking deals, approvals take longer Star's revenue from sports biz drops 39% Luxury inc sees India as the next big destination 1 2 3 4 5 6 7 8 9 10

773921

the-times-of-india

The Times of India

Maulik Vyas and Javed Farooqui

BCCI takes Byju’s to NCLT over default in sponsorship dues

The Indian cricket board has filed the application against Byju’s parent company, Think & Learn, under the Insolvency and Bankruptcy Code, 2016 before the Bengaluru bench of the National Company Law Tribunal (NCLT).

https://economictimes.indiatimes.com/news/company/corporate-trends/bcci-takes-byjus-to-nclt-over-default-in-sponsorship-dues/articleshow/105594590.cms

2023-11-29 11:14:25

The Board of Control for Cricket in India (BCCI) has initiated insolvency proceedings against Byjus for defaulting on sponsorship dues worth Rs 150 crore even as the troubled edtech major said its in… [+2192 chars]

India

ETtech The Board of Control for Cricket in India ( BCCI ) has initiated insolvency proceedings against Byju’s for defaulting on sponsorship dues worth Rs 150 crore even as the troubled edtech major said it’s in talks with the cricket board to settle the matter. The Indian cricket board has filed the application against Byju’s parent company, Think & Learn, under the Insolvency and Bankruptcy Code, 2016 before the Bengaluru bench of the National Company Law Tribunal ( NCLT ). Empower Your Corporate Journey with Strategic Skill Courses Offering College Course Website University of Western Australia UWA Global MBA Visit Northwestern University Kellogg Marketing Leadership Development Program Visit Indian School of Business ISB Venture Capital and Private Equity Program Visit The insolvency application was filed on September 8, was registered on November 15, and is next listed for December 22. Law firm Argus Partners is advising BCCI in the case. Byju’s, which was Team India’s jersey sponsor until March, had renewed its deal with BCCI for a whopping $55 million in June last year. However, its financial woes, coupled with the slowdown in the funding market, forced the company to cut down on expensive sponsorship deals. “We are in discussions with BCCI to settle the matter and we hope to achieve that soon,” a Byju’s spokesperson said. Faiza Dhanani, partner at law firm Cue Legal, said, “Byju’s has time and the option to settle the dues and amicably resolve the matter with BCCI. The amount is very minuscule compared to the investments that the startup has received, and to save that investment, some of the investors might also have to help the startup settle the dues with the cricket board.” Byju’s had replaced mobile handset brand Oppo as the Team India jersey sponsor in July 2019. The company was paying Rs 4.61 crore per bilateral match in India and Rs 1.56 crore per international match organised by the International Cricket Council (ICC) and Asian Cricket Council (ACC). As per the financials filed by Byju’s, the company reported an Ebitda loss of Rs 2,253 crore on revenue of Rs 3,569 crore in FY22. Recently, the Enforcement Directorate demanded that Byju’s make a payment of Rs 9,000 crore for allegedly violating foreign funding restrictions. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on bcci byju's nclt sponsorship dues Board of Control for Cricket in India (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

773922

the-times-of-india

The Times of India

ET Online

BCCI extends Rahul Dravid's term as head coach of Indian men's cricket team

The decision to extend Rahul Dravid's tenure comes after constructive discussions between the BCCI and the coach. Dravid's initial contract concluded following the conclusion of the ICC Men’s Cricket World Cup 2023. The extension reflects the unanimous agreem…

https://economictimes.indiatimes.com/news/sports/bcci-extends-rahul-dravids-term-as-head-coach-of-indian-mens-cricket-team/articleshow/105587628.cms

2023-11-29 08:17:40

The Board of Control for Cricket in India (BCCI) made a significant announcement on Wednesday, revealing the extension of the contract for Rahul Dravid, the head coach of the Indian men's cricket tea… [+2510 chars]

India

ANI Rahul Dravid The Board of Control for Cricket in India ( BCCI ) made a significant announcement on Wednesday, revealing the extension of the contract for Rahul Dravid , the head coach of the Indian men's cricket team . However, the specific duration of this extension has not been disclosed by the board. The decision to extend Rahul Dravid's tenure comes after constructive discussions between the BCCI and the coach. Dravid's initial contract concluded following the conclusion of the ICC Men’s Cricket World Cup 2023. The extension reflects the unanimous agreement reached after recognizing Dravid's instrumental role in shaping and guiding the Indian team. In a press release, the BCCI commended Rahul Dravid for his exceptional professionalism and acknowledged his pivotal role in molding the Indian cricket team. The board also expressed gratitude towards VVS Laxman for his outstanding contributions, both as the Head of the National Cricket Academy (NCA) and as the stand-in Head Coach. The press release quoted BCCI Secretary Jay Shah, who spoke highly of Rahul Dravid's commitment to excellence. Shah emphasized Dravid's influence in transforming Team India into a formidable unit across formats, leading to the team's top ranking in all three formats. Reflecting on India's recent cricket achievements, Shah applauded the extraordinary World Cup campaign, where the team won 10 consecutive games before the final. He attributed this success to Dravid's vision, guidance, and strategic roadmap for the team. The BCCI reiterated its full support for Rahul Dravid as the Head Coach, pledging to provide him with all the necessary support for sustained success at the international level. "The last two years with Team India have been thoroughly memorable. Together, we have witnessed the highs and lows, and throughout this journey, the support and camaraderie within the group have been phenomenal. I am genuinely proud of the culture we have set in the dressing room. It's a culture that stands resilient, whether in moments of triumph or adversity. The skills and talent that our team possesses are phenomenal, and what we've stressed is following the right process and sticking to our preparations, which has had a direct impact on the overall result," said Rahul Dravid. "I thank the BCCI and the Office Bearers for placing their trust in me, endorsing my vision, and providing support during this period. The demands of this role necessitate considerable time away from home, and I deeply appreciate my family's sacrifices and support. Their instrumental role behind the scenes has been invaluable. As we embrace new challenges post the World Cup, we remain committed to the pursuit of excellence," he further added. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on rahul dravid dravid ICC Cricket World Cup Indian men's cricket india bcci head coach indian men's cricket team (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

773924

the-times-of-india

The Times of India

Ishaan Gera

India's growth to slow down further to 6.1% in FY25

The Organisation for Economic Co-operation and Development (OECD) predicts that India's economy will slow down further to 6.1% in FY25 compared to the earlier projection of 6.3%. The slowdown is attributed to adverse weather-related events and a weakening int…

https://economictimes.indiatimes.com/news/economy/indicators/indias-growth-to-slow-down-further-to-6-1-in-fy25/articleshow/105598916.cms

2023-11-29 13:45:01

Indian economy is likely to slow down further to 6.1% compared with 6.3% projected in FY24 as global growth remains subdued in the coming year, the Organisation for Economic Co-operation and Developm… [+3357 chars]

India

iStock Indian economy is likely to slow down further to 6.1% compared with 6.3% projected in FY24 as global growth remains subdued in the coming year, the Organisation for Economic Co-operation and Development noted in its latest economic outlook released Wednesday. “Following a strong outcome in FY23, real GDP growth is projected to slow to 6.3% in FY24 and 6.1% in FY 2024-25 on account of adverse weather-related events and the weakening international outlook,” the inter-governmental group of 38 high-income economies noted in its report, banking on services exports and public investment to drive the economy. India likely grew faster than expected in Q2FY24 at 6.7%, according to the median of an ET poll of economists. The international body, however, expects India’s growth to pick up in FY26 to 6.5%. “Inflation will decline progressively, with corresponding improvements of purchasing power. This, along with the end of the El Niño weather pattern, productivity gains from recent policy reforms, and improved global conditions, will help economic activity to strengthen,” OECD noted. India’s inflation declined to 4.9% in October, according to data released earlier this month. OECD was more pessimistic with regard to inflation, projecting a 5.3% inflation in FY25. “Food and energy prices remain sensitive to weather conditions and geopolitical tensions,” it said, adding that food price pressures is expected to delay policy rate cuts to mid-2024. Reserve Bank of India’s monetary policy committee will likely hold the policy rate at 6.5% for the fifth consecutive time at its meeting next week. The OECD expects rates to decline to 5.5% by the end of 2025. “With slower growth, inflation expectations, housing prices and wages will all progressively moderate, helping headline inflation converge towards 4.2% (FY26),” OECD noted. The organisation noted that the risks were tilted to the downside, but below-normal monsoon and portfolio capital outflows could impact growth and inflation. “While indicators suggest that India’s growth is stable for now, there are strong headwinds from heightened global uncertainty,” it pointed out. On the fiscal front, while OECD was confident of central government meeting its targets, it said that states needed to control their expenses. India has set a target of 4.5% fiscal deficit for FY26. “Over the next two years, the government targets are projected to be achieved, but greater efforts to control expenses are needed at the state level, along with policy interventions to narrow the tax gap,” OECD said. Global growth declines OECD projected global growth to decline to 2.7% in 2024 from 2.9% projected for 2025. China is expected to slowdown to 4.7% in 2024 from 5.2% in 2023. “The global economy continues to confront the challenges of both low growth and elevated inflation, with a mild slowdown next year, mainly as a result of the necessary monetary policy tightening over the past two years,” said OECD Secretary-General Mathias Corman. Slow, but steady -India’s economy to slow a bit to 6.1% in FY25 -Bounce back to 6.5% expected in FY26 -India to meet its fiscal targets -RBI to start cutting rates from mid-2024 (% change, y-o-y, GDP) 2023 2024 2025 India 6.3 6.1 6.5 World 2.9 2.7 3 US 2.4 1.5 1.7 Euro Area 0.6 0.9 1.5 China 5.2 4.7 4.2 Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Indian economy GDP oecd GDP growth El Niño inflation Food and energy (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

773925

the-times-of-india

The Times of India

ETMarkets.com

Buy Union Bank of India, target price Rs 130: Motilal Oswal

Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 81314.56 Crore).

https://economictimes.indiatimes.com/markets/stocks/recos/buy-union-bank-of-india-target-price-rs-130-motilal-oswal-br/articleshow/105579576.cms

2023-11-29 04:10:27

Motilal Oswal has buy call on Union Bank of India with a target price of Rs 130. The current market price of Union Bank of India is Rs 110.1.Union Bank of India, incorporated in the year 1919, is a b… [+774 chars]

India

Agencies Promoters held 76.99 per cent stake in the company as of 30-Sep-2023, while FIIs owned 2.89 per cent, DIIs 12.59 per cent. Motilal Oswal has buy call on Union Bank of India with a target price of Rs 130. The current market price of Union Bank of India is Rs 110.1. Union Bank of India, incorporated in the year 1919, is a banking company (having a market cap of Rs 81314.56 Crore). Union Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022. Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 28952.50 Crore, up 4.06 % from last quarter Total Income of Rs 27822.29 Crore and up 23.33 % from last year same quarter Total Income of Rs 23475.13 Crore. The bank reported net profit after tax of Rs 3571.80 Crore in latest quarter. Promoter/FII Holdings Promoters held 76.99 per cent stake in the company as of 30-Sep-2023, while FIIs owned 2.89 per cent, DIIs 12.59 per cent. Connect with Experts - Wealth creation made easy (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Union Bank of India stocks union bank union bank india union bank of union bank of india markets market news sensex Nifty stocks to buy (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper and Sensex Today Live . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773935

the-times-of-india

The Times of India

ETMarkets.com

Stock market update: FMCG stocks up as market rises

The 30-share BSE Sensex was up 347.64 points at 66521.84

https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-fmcg-stocks-up-as-market-rises/articleshow/105580066.cms

2023-11-29 04:29:06

NEW DELHI: FMCG stocks were trading higher on Wednesday at 09:59AM ADF Foods(up 3.96%), Patanjali Foods(up 3.15%), Parag Milk(up 2.24%), Adani Wilmar(up 1.92%), Nakoda Group(up 1.68%), Umang Dairies(… [+1296 chars]

India

Agencies Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls. NEW DELHI: FMCG stocks were trading higher on Wednesday at 09:59AM ADF Foods(up 3.96%), Patanjali Foods(up 3.15%), Parag Milk(up 2.24%), Adani Wilmar(up 1.92%), Nakoda Group(up 1.68%), Umang Dairies(up 1.45%), Sheetal Cool Products(up 1.12%), Britannia Industries(up 1.12%), Heritage Foods(up 0.89%) and Dangee Dums(up 0.83%) were among the top gainers. Mrs Bectors Food Specialities(down 1.80%), Dodla Dairy(down 1.40%), Prataap Snacks(down 1.09%), P & G Hygiene(down 0.96%), Hatsun Agro Product Ltd(down 0.59%), JHS Svendgaard Laboratories(down 0.59%), Gillette India(down 0.48%), Euro India Fresh Foods(down 0.36%), Nestle India(down 0.30%) and Dabur India(down 0.22%) were among the top losers. The NSE Nifty50 index was trading 108.4 points up at 19998.1, while the 30-share BSE Sensex was up 347.64 points at 66521.84 at around 09:59AM. Hero MotoCorp Ltd.(up 3.07%), Tech Mahindra Ltd.(up 1.99%), Wipro Ltd.(up 1.63%), LTIMindtree Ltd.(up 1.23%), Bharti Airtel Ltd.(up 1.19%), HCL Technologies Ltd.(up 1.16%), Britannia Industries Ltd.(up 1.07%), Mahindra & Mahindra Ltd.(up 1.0%), Hindalco Industries Ltd.(up 0.95%) and HDFC Bank Ltd.(up 0.91%) were among the top gainers in the Nifty pack. On the other hand, Bharat Petroleum Corporation Ltd.(down 0.37%), Nestle India Ltd.(down 0.36%), Coal India Ltd.(down 0.27%), Divi's Laboratories Ltd.(down 0.25%), Oil And Natural Gas Corporation Ltd.(down 0.12%) and Dr. Reddy's Laboratories Ltd.(down 0.08%) were trading in the red. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on Stock Market Sectors Sectors in stock Market India stock market sectors Global Stock Market Sectors S&P 500 Sectors S&P Sectors (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773944

nan

ETF Daily News

MarketBeat News

Metso Oyj (OTCMKTS:OUKPY) Receives Consensus Recommendation of “Hold” from Analysts

Metso Oyj (OTCMKTS:OUKPY – Get Free Report) has earned an average rating of “Hold” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rati…

https://www.etfdailynews.com/2023/11/29/metso-oyj-otcmktsoukpy-receives-consensus-recommendation-of-hold-from-analysts/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/metso-outotec-oyj-logo.png?v=20230215122522&w=240&h=240&zc=2

2023-11-29 09:22:46

Metso Oyj (OTCMKTS:OUKPY – Get Free Report) has earned an average rating of “Hold” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has ra… [+1545 chars]

India

Metso Oyj (OTCMKTS:OUKPY–Get Free Report) has earned an average rating of “Hold” from the seven analysts that are covering the firm,MarketBeat Ratingsreports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating on the company. Separately, Barclays initiated coverage on shares of Metso Oyj in a report on Tuesday, September 12th. They issued an “overweight” rating for the company. Read Our Latest Stock Report on Metso Oyj Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverShares ofOTCMKTS:OUKPYopened at $4.85 on Wednesday. Metso Oyj has a 12 month low of $4.13 and a 12 month high of $6.48. The company has a 50-day moving average price of $4.85 and a 200 day moving average price of $5.40. The company also recently disclosed a dividend, which was paid on Tuesday, November 21st. Shareholders of record on Monday, October 30th were paid a $0.0793 dividend. The ex-dividend date of this dividend was Friday, October 27th. This is an increase from Metso Oyj’s previous dividend of $0.05. (Get Free Report Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Africa, the Middle East, and India. The company operates in three segments: Aggregates, Minerals, and Metals.

773953

the-times-of-india

The Times of India

ETMarkets.com

Stock market update: Power stocks up as market rises

The 30-share BSE Sensex closed up 727.71 points at 66901.91

https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-power-stocks-up-as-market-rises/articleshow/105596011.cms

2023-11-29 11:51:35

NEW DELHI: Power shares closed higher in the Wednesday's session. Torrent Power(up 11.53%), Karma Energy(up 4.93%), Reliance Power(up 2.87%), Gujarat Industries Power(up 2.75%), CESC(up 2.33%), KEC I… [+1288 chars]

India

Agencies India 10-year bond yield rose 0.37 per cent to 6 after trading in 5.99-6.01 range. NEW DELHI: Power shares closed higher in the Wednesday's session. Torrent Power(up 11.53%), Karma Energy(up 4.93%), Reliance Power(up 2.87%), Gujarat Industries Power(up 2.75%), CESC(up 2.33%), KEC International(up 2.24%), GE Power India Limited(up 1.98%), NHPC(up 1.86%), PTC India(up 1.69%) and Suzlon Energy(up 1.67%) stood among the top gainers. Orient Green Power Company(down 5.00%), DPSC(down 3.22%), Transformers and Rectifiers(India)(down 3.16%), Adani Power(down 2.94%), KPI Green Energy(down 2.92%), Jaiprakash Power Ventures(down 2.59%), RTNPOWER(down 1.61%), Inox wind(down 1.47%), ADANIGREEN(down 1.05%) and Voltamp Transformers(down 0.98%) were among the top losers of the day. The NSE Nifty50 index ended 206.9 points up at 20096.6, while the 30-share BSE Sensex closed up 727.71 points at 66901.91. Axis Bank Ltd.(up 3.81%), Hero MotoCorp Ltd.(up 3.44%), Mahindra & Mahindra Ltd.(up 3.38%), Wipro Ltd.(up 2.36%), Tata Motors Ltd.(up 2.12%), LTIMindtree Ltd.(up 1.99%), HDFC Bank Ltd.(up 1.99%), Britannia Industries Ltd.(up 1.91%), ICICI Bank Ltd.(up 1.52%) and JSW Steel Ltd.(up 1.39%) stood among the top gainers in the Nifty pack. On the other hand, Adani Enterprises Ltd.(down 1.1%), Oil And Natural Gas Corporation Ltd.(down 1.0%), Divi's Laboratories Ltd.(down 0.8%), Nestle India Ltd.(down 0.62%), Eicher Motors Ltd.(down 0.37%), SBI Life Insurance Company Ltd.(down 0.32%) and Adani Ports & Special Economic Zone Ltd.(down 0.25%) closed in the red. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Stock Market Sectors Sectors in stock Market India stock market sectors Global Stock Market Sectors S&P 500 Sectors S&P Sectors (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper and Sensex Today Live . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773954

the-times-of-india

The Times of India

ETMarkets.com

Stock market update: FMCG stocks up as market rises

The 30-share BSE Sensex closed up 727.71 points at 66901.91

https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-fmcg-stocks-up-as-market-rises/articleshow/105595720.cms

2023-11-29 11:41:15

NEW DELHI: FMCG shares closed higher in the Wednesday's session. Patanjali Foods(up 5.00%), Nakoda Group(up 2.71%), Britannia Industries(up 1.91%), Colgate Palmolive(India)(up 1.29%), JHS Svendgaard … [+1318 chars]

India

Getty Images Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs. NEW DELHI: FMCG shares closed higher in the Wednesday's session. Patanjali Foods(up 5.00%), Nakoda Group(up 2.71%), Britannia Industries(up 1.91%), Colgate Palmolive(India)(up 1.29%), JHS Svendgaard Laboratories(up 1.18%), Vadilal Industries(up 1.01%), Jyothy Labs(up 0.93%), Heritage Foods(up 0.89%), ADF Foods(up 0.77%) and Bikaji Foods International(up 0.62%) stood among the top gainers. Prataap Snacks(down 3.65%), Dangee Dums(down 2.08%), P & G Hygiene(down 1.70%), Dodla Dairy(down 1.46%), Parag Milk(down 1.11%), Euro India Fresh Foods(down 0.66%), Nestle India(down 0.62%), Hatsun Agro Product Ltd(down 0.60%), Adani Wilmar(down 0.33%) and Tasty Bite Eatables(down 0.23%) were among the top losers of the day. The NSE Nifty50 index ended 206.9 points up at 20096.6, while the 30-share BSE Sensex closed up 727.71 points at 66901.91. Axis Bank Ltd.(up 3.81%), Hero MotoCorp Ltd.(up 3.44%), Mahindra & Mahindra Ltd.(up 3.38%), Wipro Ltd.(up 2.36%), Tata Motors Ltd.(up 2.12%), LTIMindtree Ltd.(up 1.99%), HDFC Bank Ltd.(up 1.99%), Britannia Industries Ltd.(up 1.91%), ICICI Bank Ltd.(up 1.52%) and JSW Steel Ltd.(up 1.39%) stood among the top gainers in the Nifty pack. On the other hand, Adani Enterprises Ltd.(down 1.1%), Oil And Natural Gas Corporation Ltd.(down 1.0%), Divi's Laboratories Ltd.(down 0.8%), Nestle India Ltd.(down 0.62%), Eicher Motors Ltd.(down 0.37%), SBI Life Insurance Company Ltd.(down 0.32%) and Adani Ports & Special Economic Zone Ltd.(down 0.25%) closed in the red. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Stock Market Sectors Sectors in stock Market India stock market sectors Global Stock Market Sectors S&P 500 Sectors S&P Sectors (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper and Sensex Today Live . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

773960

the-times-of-india

The Times of India

Gayatri Nayak

Corporate debt servicing improves despite higher interest cost

Despite a 60 basis point (0.60 percent) increase in policy rates between September 2022 and September 2023, corporate debt servicing, as measured by the interest coverage ratio (ICR), improved from 4.49 in September 2022 to 5.64 in September 2023. This sugges…

https://economictimes.indiatimes.com/news/economy/indicators/corporate-debt-servicing-improves-despite-higher-interest-cost/articleshow/105598495.cms

2023-11-29 13:28:07

Despite a 60 basis point ( 0.60 percent) rise in policy rates between September 2022 and September 23, corporate debt servicing as measured by interest coverage ratio improved from 4.49 in September'… [+1896 chars]

India

Getty Images Representative image. Despite a 60 basis point ( 0.60 percent) rise in policy rates between September 2022 and September 23, corporate debt servicing as measured by interest coverage ratio improved from 4.49 in September'22 to 5.64 in September 23 implying higher lending rates have not hit debt servicing capacity of Indian firms . Interest coverage ratio or ICR is a measure of debt servicing capacity of a firm. The improvement ICR goes to show that the fear that higher repo rate leading to higher lending rates would pressurise companies has been put aside, a report by Bank of Baroda said. “ Interest cover ratio of the companies has shown a marked improvement, led by both lower growth in interest costs as well as higher growth in profits” said Aditi Gupta , economist at Bank of Baroda in a report. ” This bodes well from the perspective of debt service capability of these companies”. Though the Reserve Bank of India has not changed its benchmark policy rates since February 2023, banks have been raising lending rates on new loans. Weighted average lending rates on new loans increased to 9.38% in September 2023 from 8.59% in Sep’22. Overall growth in bank credit for this quarter was 17.6% , marginally lower than 18.9% last year. “ Even so, the ICR has shown an improvement as the higher interest costs have been offset by a sharp uptick in profits” Gupta said. Interestingly the 10 largest indebted sectors such as power, crude oil, infrastructure, realty, automobiles, chemicals, logistics and textiles, besides the telecom and iron and steel have witnessed improvement in their ICR. “ Quite clearly the ICR will be dependent mainly on performance of companies in terms of growth in profits” the report said. “ Based on trends witnessed in the first two quarters it does seem like that growth in profits will be maintained in the following two quarters too given that the WPI inflation numbers which reflect to a large extent the growth in input costs has been under control at low if not negative levels. If this feature continues it will also have a soothing effect on the quality of assets, according to the report. ( Originally published on Nov 29, 2023 ) Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on corporate debt servicing interest coverage ratio Indian firms ICR Bank of Baroda Aditi Gupta banks Reserve Bank of India (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

773961

the-times-of-india

The Times of India

ETMarkets.com

Tube Investments shares up 0.96% as Nifty gains

A total of 1,517 shares changed hands on the counter till 10:35AM (IST).

https://economictimes.indiatimes.com/markets/stocks/stock-watch/tube-investments-shares-up-0-96-as-nifty-gains/articleshow/105581131.cms

2023-11-29 05:05:48

NEW DELHI: Shares of Tube Investments of India Ltd. traded 0.96 per cent up in Wednesday's trade at 10:35AM (IST). Around 1,517 shares changed hands on the counter. The counter opened at Rs 3474.7 an… [+1387 chars]

India

Shutterstock.com RSI has turned north from the 60 level, confirming bullishness. NEW DELHI: Shares of Tube Investments of India Ltd . traded 0.96 per cent up in Wednesday's trade at 10:35AM (IST). Around 1,517 shares changed hands on the counter. The counter opened at Rs 3474.7 and touched an intraday high and low of Rs 3481.35 and Rs 3430.0, respectively, in the session so far. Shares of the company of Tube Investments of India Ltd . quoted a 52-week high of Rs 3836.1 and a 52-week low of Rs 2375.05. Total market cap of the Tube Investments of India Ltd. stood at Rs 66694.99 crore at the time of writing this report. Key Financials The company reported consolidated sales of Rs 3946.14 crore for the quarter ended 30-Jun-2023, up 3.21 per cent from previous quarter's Rs 3823.42 crore and up 3.23 per cent from the year-ago quarter's Rs 3822.83 crore. The net profit for latest quarter stood at Rs 214.97 crore, up 10.49 per cent from the same quarter a year ago. Shareholding pattern As of 30-Sep-2023, domestic institutional investors held 9.14 per cent stake in the firm, while foreign institutional investors held 30.42 per cent and the promoters 46.11 per cent. Valuation ratio According to BSE data, the stock traded at a price-to-earnings multiple of 70.65 and a price-to-book ratio of 12.43. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Tube Investments of India Ltd. belongs to the Cycles & Accessories industry. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on tube investments tube investments of india Tube Investments of India Ltd Tube Investments Share Price tube investments tube investments of india Tube Investments of India Ltd Tube Investments BSE NSE (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime

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nan

The Indian Express

Paromita Chakrabarti

Paul Lynch wins the Booker: Ireland’s long tryst with the prize

Since the inception of the Booker Prize in 1969, the Irish have indeed been the light in its literary sky. Here's how Paul Lynch, this year's winner, adds to the tradition.

https://indianexpress.com/article/explained/explained-culture/paul-lynch-wins-the-booker-irelands-long-tryst-with-the-prize-9047382/

2023-11-29 12:21:22

In September, a couple of months before he emerged as the winner of this years Booker Prize, Paul Lynch, 46, tweeted a photograph featuring five of the six shortlisted authors: Sarah Bernstein (Study… [+4491 chars]

Ireland

In September, a couple of months before he emerged asthe winner of this year’s Booker Prize, Paul Lynch, 46, tweeted a photograph featuring five of the six shortlisted authors: Sarah Bernstein (Study for Obedience), fellow Irish writer Paul Murray (The Bee Sting), Chetna Maroo (Western Lane), himself (for his fifth novel,Prophet Song), and Paul Harding (This Other Eden). In the tweet, Lynch wrote, “This is a wondrous moment for me and I’m so pleased to be sharing it with these superb writers including my friend Paul Murray. Seamus Heaney wrote in the North: ‘Expect aurora borealis in the long foray…’ Last night, there was light in the sky.” Light in the sky: Irish writers and the Booker Prize Since the inception of the Booker Prize in 1969 (then known as the Booker Prize for Fiction), the Irish have indeed been the light in its literary sky. Lynch is the fifth writer to have won the Prize, for his novel that explores a dystopian Ireland where democratic rights are under threat from a totalitarian regime. Before him, the Prize went to British-Irish novelist Iris Murdoch in 1978 for herThe Sea, The Sea, Roddy Doyle in 1993 forPaddy Clarke Ha Ha Ha, John Banville in 2005 forThe Sea, and Anne Enright in 2007 forThe Gathering. In 2018, British writer of Northern Ireland-origin, Anna Burns, won it forMilkman. Ireland’s prodigious literary talent is perhaps better represented by the fact that Irish writers have been a staple in the Prize’s long- and short lists. In the 54 years since the Prize’s inception, 37 Irish authors have made it to the longlist. In the last 15 years, at least one or more have featured in the longlists. This year, four of the 13 writers on the longlist were Irish, making it the maximum number of nominations in a single year. These included Lynch, Murray, Elaine Feeney forHow to Build a Boatand Sebastian Barry forOld God’s Time.This was Barry’s fifth nomination and Murray’s second. The latter had earlier been longlisted in 2010 forSkippy Dies. Literary capital: From WB Yeats to Sally Rooney The £50,000 Booker Prize is not the only award where the Irish have made their mark. Four Irish writers — William Butler Yeats in 1923, George Bernard Shaw in 1925, Samuel Beckett in 1969, and Heaney in 1995 — have won the Nobel Prize for Literature for their life’s work. The poetYeats, in fact, was also one of the early admirers of Rabindranath Tagore’swork in the West, alongside the American poet and critic Ezra Pound. Yeats and Tagore had met at a dinner party in London in the early 1900s and forged a friendship that led to collaborations, including translation projects. Tagore won the Nobel Prize for Literature forGitanjalia decade before Yeats, in 1913. British writer Thomas Hardy — who, recently-declassified Nobel Prize for Literature nominations reveal, was in the running for the award in the same year as Tagore — had dismissed Tagore’s scholarship as “practically a production of Yeats”. But back to the Irish, their literary accomplishments were shaped through the 19th and early 20th century by adversity. If the 19th century bore the blight of the Great Famine, the 20th was marked by strict state censorship and the even more stringent morality of the Catholic Church. It gave birth to writing as divergent as the gothic horror of Bram Stoker’sFrankenstein, the flamboyance of Oscar Wilde’s short stories, plays and novel (The Picture of Dorian Gray), and, later, the modernism of James Joyce’sUlysses, Yeats’ spiritual poems, Samuel Beckett’s absurdist drama or Edna O’Brien’s radical memoirs. It also set the tone for the younger, emancipated generation of Colm Tóibín, Banville, and more recently, Emma Donoghue, Tana French, Eimer McBride, Sally Rooney and Claire Keegan. Lynch: Film critic, writer, realist Dublin-based Lynch, this year’s winner, began his career as a journalist withThe Sunday Tribune, where he was also the paper’s film critic. But it was his eye for the mise-en-scène — the individual tragedies in bigger political narratives of immigration and exile, racism and violence — that led him to his debut novel,Red Sky in Morning(2013). The manuscript saw a six-publisher auction in London — Lynch’s writing career had got off to a flying start. Lynch had begun work onProphet Songin 2018. In an interview after the declaration of the longlist, the writer had spoken of the book being his attempt at “radical empathy”. After the win, speaking toThe Guardian, Lynch said that in writing of the dystopia, he never wanted to serve up happy endings or neat answers: “Too often writers of political fiction believe they have the answers, they know what it is that needs to be fixed.” Instead, he only wanted for readers to not avert their gaze.

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al-jazeera-english

Al Jazeera English

Al Jazeera

Photos: Hamas and Israel exchange more captives for prisoners

Israel frees 30 Palestinians after 10 Israelis and two foreigners were released by Hamas in Gaza.

https://www.aljazeera.com/gallery/2023/11/29/photos-hamas-and-israel-exchange-more-captives-for-prisoners

2023-11-29 06:32:24

Hamas and Israel released more captives and prisoners under a fragile truce that held for a fifth day as international mediators in Qatar worked to extend it. Israel said on Tuesday that 10 of its c… [+922 chars]

Israel

In Pictures Hamas and Israel released more captives and prisoners under a fragile truce that held for a fifth day as international mediators in Qatar worked to extend it. Israel said on Tuesday that 10 of its citizens and two Thai nationals were freed by Hamas and had been returned to Israel, bringing the total number of freed captives to 86 from about 240 people taken to the Gaza Strip after Hamas’s October 7 attacks on Israel. Soon after, Israel released 30 Palestinians from its jails, bringing the total number of freed prisoners to 180. The list of released Palestinians included the names of 15 children – 12 from Jerusalem and three from the occupied West Bank – and 15 women – five from Jerusalem and 10 from the West Bank. Late on Monday, Qatar announced an agreement to extend the initial four-day pause for an additional two days, under which further prisoner exchanges will be carried out. The truce is due to end after one more exchange on Wednesday night. However, the heads of the US and Israeli intelligence agencies were in Qatar, a key mediator with Hamas, to discuss extending the truce and releasing more people. Follow Al Jazeera English:

774086

nan

Deadline

tedstew1

Cynthia Nixon Participates In Hunger Strike Demanding Israel-Hamas Ceasefire

Cynthia Nixon, the Sex and the City star and former New York gubernatorial candidate, announced that she is on a hunger strike along with other activists in protest of Israel’s attacks Gaza, which came following Hamas’ brutal terrorist killings and kidnapping…

https://deadline.com/2023/11/cynthia-nixon-israel-gaza-ceasefire-hamas-1235642056/

2023-11-29 01:23:50

Cynthia Nixon, the Sex and the City star and former New York gubernatorial candidate, announced that she is on a hunger strike along with other activists in protest of Israel‘s attacks Gaza, which ca… [+1435 chars]

Israel

Cynthia Nixon, theSex and the Citystar and former New York gubernatorial candidate, announced that she is on a hunger strike along with other activists in protest ofIsrael‘s attacks onGaza, which came following Hamas’ brutal terrorist killings and kidnapping of Jewish residents. Nixon protested the death of civilians in Gaza during Israel’s counter-bombing campaign on the Hamas-held area. “As the mother of Jewish children whose grandparents are Holocaust survivors, I have been asked by my son to use any voice I have to affirm as loudly as possible that ‘never again’ means ‘never again’ for everyone,” Nixon said during a protest in front of the White House on Monday.Related StoriesNewsKamala Harris Takes A Swipe At Kevin McCarthy Over His Joe Biden Age Comments, Declines To Comment On TikTok And X/TwitterNewsRosalynn Carter Tribute: Judy Woodruff Recalls Last Interview, Says Former First Lady Expressed "Relief" Joe Biden Was In Office “In seven weeks, Israel has killed more civilians on a tiny strip of land than was killed in 20 years of war in the entire country of Afghanistan,” she said, citing reports from Gaza officials on the death toll. “I am sick and tired of people explaining this away by saying civilian casualties are a routine toll of war. There is nothing routine about these figures. There is nothing routine about these deaths,” she said. The hunger strike is going on all week, but Nixon told the Guardian that she would interrupt her fast for work commitments. Nixon called on PresidentJoe Biden, “who has experienced such devastating personal loss,” to “connect with that empathy which he is so well known and to look at the children of Gaza and imagine that they were his children.” Nixon’s call for a ceasefire reflects the divisions on the left — and, to an extent, within the entertainment industry — over calls for a ceasefire following the Oct. 7 attacks.

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al-jazeera-english

Al Jazeera English

Al Jazeera

Is Biden’s two-state plan for Israel and Palestine a fantasy?

The US was happy to neglect the Palestinian issue for years. Why is it talking of a ‘reinvigorated’ peace process now?

https://www.aljazeera.com/program/the-bottom-line/2023/11/29/is-bidens-two-state-plan-for-israel-and-palestine-a-fantasy

2023-11-29 13:03:53

The US was happy to neglect the Palestinian issue for years. Why is it talking of a reinvigorated peace process now?After the war on Gaza, US President Joe Biden says he wants to reinvigorate the att… [+515 chars]

Israel

The US was happy to neglect the Palestinian issue for years. Why is it talking of a ‘reinvigorated’ peace process now? After the war on Gaza, US President Joe Biden says he wants to “reinvigorate” the attempts to create a Palestinian state alongside Israel. But the devil is in the details. After the Hamas attack on Israel, and Israel’s scorched-earth war on Gaza, will either side want to talk about peace and stability? Are Israelis willing to make the compromises that Palestinians would find acceptable, and vice versa? Mara Rudman worked as a Middle East envoy in the Clinton and Obama administrations. She tells host Steve Clemons that US national security interests will force Washington to impose a resolution. Follow Al Jazeera English:

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al-jazeera-english

Al Jazeera English

Al Jazeera

Palestinian boy released from Israeli prison returns home

There were emotional scenes in occupied East Jerusalem when a 14-year-old Palestinian boy returned to his family.

https://www.aljazeera.com/program/newsfeed/2023/11/29/palestinian-boy-released-from-israeli-prison-returns-home

2023-11-29 10:17:16

NewsFeed There were emotional scenes in occupied East Jerusalem when a 14-year-old Palestinian boy returned to his family after being released from jail under the Israel-Hamas truce deal.

Israel

There were emotional scenes in occupied East Jerusalem when a 14-year-old Palestinian boy returned to his family after being released from jail under the Israel-Hamas truce deal. Follow Al Jazeera English:

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rt

RT

RT

Israel and Hamas may expand hostage deal – media

Israel and Hamas are expected to conduct another prisoner swap, with talks reportedly underway to expand the current hostage deal Read Full Article at RT.com

https://www.rt.com/news/588202-israel-hamas-expand-hostage-deal/

2023-11-29 12:02:52

Israel and Hamas are expected to conduct another prisoner swap on Wednesday as part of the ongoing ceasefire, with talks reportedly underway to expand the deal to include other categories of hostages… [+2207 chars]

Israel

Israel and Hamas are expected to conduct another prisoner swap on Wednesday as part of the ongoing ceasefire, with talks reportedly underway to expand the deal to include more than women and children. According to Reuters, discussions regarding the inclusion of men and service members in prisoner exchanges took place as the heads of the CIA and Israel’s Mossad intelligence agencies met with senior Qatari officials in Doha. Should the sides reach an agreement, it may produce a ceasefire that could last“more than a handful of days,”the news agency reported. Meanwhile, on Wednesday, several Israeli media outlets reported, citing Prime Minister Benjamin Netanyahu’s office, that the country’s authorities had received a list containing the names of another group of hostages to be released soon. On the same day, a source close to Hamas told AFP that it was willing to extend the truce in Gaza by an additional four days, as well as releasing“Israeli prisoners… according to the terms of the existing truce.” Last week, following intense Qatari-mediated talks, Israel and Hamas agreed to a temporary four-day ceasefire. The most significant part of the agreement was Israel’s pledge to release 150 Palestinian prisoners in exchange for the group freeing 50 Israeli hostages. Since the start of the conflict, Hamas has captured around 240 hostages. Israeli officials have said they were ready to prolong the ceasefire on the condition that, for every additional day of peace, Hamas releases another ten hostages. The truce has already been extended several times. On Tuesday, Hamas freed a group of 12 hostages, including ten Israelis and two Thai nationals, bringing the total number of prisoners released to 80. Israel has freed 180 Palestinian prisoners. However, Israel and Hamas have still traded accusations of violating the ongoing ceasefire. The Al-Qassam Brigades, Hamas’ military wing, claimed that a“clear violation”of the agreement had taken place in northern Gaza, but that the group’s fighters had“dealt”with it. Meanwhile, the IDF presented its own account of events, stating that“three explosive devices were detonated”near Israeli troops in two different locations in that area. It noted that its service members had also come under fire in one location, adding that both incidents resulted in“a number of soldiers [being] lightly injured.”

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rt

RT

RT

Israel eyes UK-frozen billions from Chelsea sale – Telegraph

It was reportedly suggested to the British government to spend funds seized from Roman Abramovich in Israel rather than Ukraine Read Full Article at RT.com

https://www.rt.com/news/588185-chelsea-funds-ukraine-israel/

2023-11-29 12:03:12

The British government was asked to spend an estimated $3 billion in funds seized from sanctioned businessman Roman Abramovich in Israel rather than Ukraine, The Telegraph reported on Tuesday. The mo… [+1921 chars]

Israel

The British government was asked to spend an estimated $3 billion in funds seized from sanctioned Russian businessman Roman Abramovich in Israel rather than Ukraine, The Telegraph reported on Tuesday. The money came from the sale of Chelsea football club, which used to belong to the tycoon. He had himself pledged the proceeds to victims of the Ukraine conflict. With the billions still untouched, alternative spending proposals have been floated, according to sources cited by the paper. One insider claimed that Abramovich was concerned that his clout with Moscow would be eroded, should the funds go to Ukraine. Spending the money for humanitarian causes in Israel in the wake of the October 7 raid by Palestinian militant group Hamas would solve the impasse, the source told The Telegraph. Previously, Abramovich had also suggested using funds to help victims of the February earthquakes in Türkiye, according to the report. Other sources said Israel led discussions on a possible diversion of funds without Abramovich’s knowledge. The Russian-born Jewish entrepreneur is a“big donor”in Israel, so“Israelis asked the UK… if they would consider giving a license for any assets of his, not just Chelsea, to be donated towards reconstruction in Israel,”a person familiar with the matter was quoted by the outlet as saying. “My understanding is that the UK Government told Israel a firm no,”the source added. Abramovich holds citizenship in Russia, Israel, and Portugal. The latter prompted London to involve the EU in the handling of his seized funds. A joint statement by the UK and the European Commission in May said Chelsea sale proceeds would be spent“exclusively”within Ukraine. The billionaire has acted as a mediator between Moscow and Kiev on several occasions and was seen at Türkiye-backed peace talks in March 2022, which produced a draft truce. Then British Prime Minister Boris Johnson derailed the nascent agreement by telling the Ukrainian government to“just make war,”Ukrainian MP David Arakhamia, the leader of the ruling party’s parliamentary faction, confirmed in an interview last week.

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rt

RT

RT

Musk responds to Hamas invitation

US billionaire Elon Musk has turned down an invitation to visit besieged Gaza, pointing out that it is “a bit dangerous” there now Read Full Article at RT.com

https://www.rt.com/news/588186-musk-hamas-invitation-gaza/

2023-11-29 09:37:35

Tesla and SpaceX CEO Elon Musk has declined an invitation by a senior Hamas official to tour Gaza to see the fallout of the relentless Israeli attacks on the Palestinian enclave. The US billionaire r… [+1924 chars]

Israel

Tesla and SpaceX CEO Elon Musk has declined an invitation by a senior Hamas official to tour Gaza to see the fallout of the relentless Israeli attacks on the Palestinian enclave. The South African billionaire recently paid a visit to Israel during which he agreed that the country had no other choice but to destroy Hamas. On Tuesday, Osama Hamdan, a member of the Hamas politburo, told a press conference in Beirut, Lebanon, that the Palestinian armed group would be happy to show Musk“the extent of the massacres and destruction committed against the people of Gaza, in compliance with the standards of objectivity and credibility.” Asked by a user on X (formerly Twitter) to comment on the invitation, Musk replied that“[it] seems a bit dangerous there right now.”“But I do believe that a long-term prosperous Gaza is good for all sides,”he added. The US tycoon’s remarks came after Musk traveled to Israel on Monday, where he met with Prime Minister Benjamin Netanyahu and President Isaac Herzog, and walked through a kibbutz destroyed by Hamas. He also had a conversation with Netanyahu during which he agreed with the latter’s stance on Hamas, arguing that“those who are intent on murder must be neutralized.” Musk’s trip to Israel came after the billionaire found himself in hot water over accusations that he harbored“anti-Semitic”sentiments. In particular, he emphatically concurred with one post accusing Jewish people of“pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them.” He has also previously been at odds with the Anti-Defamation League (ADL), a Jewish advocacy group, which accused the mogul of allowing hate speech on X. Musk has denied the anti-Semitism allegations and has threatened to sue the organization. The conflict, which erupted after Hamas’ attack on Israel on October 7, has caused thousands of casualties on both sides, as well as a humanitarian crisis and widespread devastation in Gaza. As the hostilities intensified, tensions between pro-Palestinian and pro-Israeli communities around the world have also surged.

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rt

RT

RT

Netanyahu dubbed ‘Butcher of Gaza’

Israeli PM Benjamin Netanyahu will go down in history as the “Butcher of Gaza,” according to Turkish President Erdogan Read Full Article at RT.com

https://www.rt.com/news/588208-erdogan-butcher-gaza-netanyahu/

2023-11-29 13:41:02

Israeli Prime Minister Benjamin Netanyahu has committed in Gaza one of the worst atrocities of the century, making his mark in history a bloody one, Turkish President Recep Tayyip Erdogan said during… [+2121 chars]

Israel

Israeli Prime Minister Benjamin Netanyahu has committed in Gaza one of the worst atrocities of the century, making his mark in history a bloody one, Turkish President Recep Tayyip Erdogan said during a parliamentary group meeting on Wednesday. In his televised speech, he spoke out against the Israeli military operation in the Palestinian enclave. Erdogan blasted“human rights violations and acts of war in Gaza”and the“apathy of most Western nations,”stating that Türkiye“will exhaust all efforts to hold the Israeli government accountable under international law and moral responsibility.”The speech echoed a conversation Erdogan had with UN Secretary-General Antonio Guterres on Tuesday, when the Turkish president called for Israel to be held to account for continuing to“blatantly trample on international law, the law of war and humanitarian law.” Israel has waged war on the militant group Hamas since October 7, after the latter’s surprise attack on Israeli soil claimed more than 1,200 lives, mostly civilians, while another 200 people were taken hostage. West Jerusalem retaliated with, as Erdogan put it“a kind of genocide by cutting off the food, fuel, medicine, bread, electricity, water, and communication of 2.3 million people, squeezing them into a 360-square-kilometer open-air prison.” “Netanyahu, who committed one of the greatest atrocities of the last century in Gaza, has already inscribed his name in history as the ‘Butcher of Gaza,’”the Turkish president proclaimed. The subsequent Israeli Defense Forces (IDF) bombing campaign and ground operation have resulted in more than 16,000 Palestinian deaths, including women and children, according to local officials. Netanyahu fired back at earlier comments by Erdogan that Israel was a“terrorist state”by stating that the Turkish president“supports the terrorist state of Hamas.” Erdogan expressed his view that Netanyahu’s actions in Gaza and the press they have elicited are“fueling anti-Semitism and endangering the safety of all Jews along with the Israeli people.” Following significant international pressure, a four-day humanitarian pause in the Gaza hostilities was arranged last week and subsequently extended. An exchange of prisoners followed, with Hamas trading their hostages for Palestinians kept as prisoners in Israel.

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rt

RT

RT

Pentagon struggling to pay for Middle East buildup – Politico

The US is struggling to find money to pay for a military buildup in the Middle East amid congressional gridlock, Politico reports Read Full Article at RT.com

https://www.rt.com/news/588180-pentagon-struggle-middle-east-deployment/

2023-11-29 07:36:40

The Pentagon is scrambling to find money to pay for a military buildup in the Middle East amid the Hamas-Israel conflict due to gridlock in the US Congress, which has so far been unable to approve fu… [+2090 chars]

Israel

The Pentagon is scrambling to find money to pay for a military buildup in the Middle East amid the Hamas-Israel conflict due to gridlock in the US Congress, which has so far been unable to approve full defense funding, Politico reported on Tuesday. The US Department of Defense, along with many other federal agencies, is now operating under a stopgap funding bill which was signed by US President Joe Biden earlier this month to avert a potential government shutdown. The measure, which did not satisfy Biden’s request for additional money for Israel and Ukraine, also freezes other types of defense spending at the previous year’s levels. Pentagon spokesman Chris Sherwood told Politico that since no one planned for a massive redeployment of US forces to the Middle East after the October 7 Hamas attack on Israel, the military“had to pull money from existing operations and maintenance accounts.”This means less funding for exercises and deployments that had already been planned. “We’re taking it out of hide,”the spokesman said. Since the start of the Middle East crisis, the US has deployed two aircraft carriers with escorts, additional missile and air defense systems, more than 1,000 troops, and an Ohio-class nuclear-powered missile submarine to the region. The military buildup came as the US declared unequivocal support for Israel in its conflict with the Palestinian armed group Hamas, as well as fears that hostilities could lead to a major regional escalation involving Iran and Islamist organizations with ties to Tehran. US defense officials had previously sounded the alarm about the congressional stalemate, warning that a lack of funding could harm not only shipbuilding and procurement programs, but the industrial base itself. Speaking to Defense News, Deputy Under Secretary of Defense Radha Plumb did not rule out the possibility of an“additive domino effect of delays,”noting that suppliers could be especially hard-hit by this. Meanwhile, Under Secretary of Defense Bill LaPlante warned of potential layoffs in contractor companies due to the lack of Pentagon funding. According to Politico, if US lawmakers are unable to pass a full spending bill by spring, the Pentagon and other federal departments will have to cut their overall expenses by 1%.

774213

nan

International Business Times

Marvie Basilan

Israel-Hamas Conflict Live: 10 Israelis, 2 Thais Released On First Day Of Extended Ceasefire

On Day 54 of the Israel-Hamas conflict, only one American national has been freed so far by the terror group under the ceasefire deal as the U.S. House of Representatives passed a resolution to reaffirm Israel's right to exist.

https://www.ibtimes.com/israel-hamas-conflict-live-10-israelis-2-thais-released-first-day-extended-ceasefire-3719636

2023-11-29 03:00:43

A billboard bearing portraits of Israeli hostages held in Gaza since the Oct. 7 attack by Hamas militants.AFP The Israel-Hamas war is on its 54th day, and Hamas has so far freed a dozen hostages. Ho… [+1570 chars]

Israel

The Israel-Hamas war is on its 54th day, and dozens of hostages have been freed by Hamas. However, only one American national has been released since the ceasefire started Friday. Under the extended ceasefire agreement, Israel freed 30 Palestinians held in Israeli jails. The bus carrying some of the released Palestinians has since arrived in the West Bank. The truce between Israel and Hamas was extended for two more days, but the international community is pressing the warring sides to extend the ceasefire further so more hostages can be freed and the entry of humanitarian aid into the Gaza Strip can be sustained. Israeli Prime Minister Benjamin Netanyahu held a meeting Tuesday night with the security cabinet in Tel Aviv after he vowed that the war would resume after the ceasefire. He said Israel would win because it had no choice but to eliminate Hamas so Israelis and Palestinians alike could achieve peace. The Israel Defense Forces (IDF) continues to make arrests across the West Bank and other nearby communities amid reported gunfire exchanges in northern Gaza between Israeli troops and Hamas militants Tuesday. More than 200 people were abducted from Israel on Oct. 7, when Hamas militants raided several communities and killed over a thousand Israelis and foreign nationals. The surprise attack stems from longstandingIsrael-Palestine tensionsthat U.S. President Joe Biden said would be resolved through a two-state solution. The House of Representatives on Tuesday passed a resolution to reaffirm "the State of Israel's Right to Exist," with only one member voting against it. The live update has ended. As of Wednesday afternoon local time, Israel and Hamas arestill negotiatingthrough mediators for a possible extension to the ceasefire agreement that will end early Thursday. Both parties have received the lists of hostages and prisoners to be freed Wednesday, but there is still no word if the youngest hostage being held in Gaza, 10-month-old Kfir Bibas, will be released on the sixth and potentially last day of the truce. Sharon, the aunt of Erez and Sahar Kalderon, who were among the children recently freed by Hamas, told local i24 News that the siblings have not eaten nor slept well in the past "terrible, terrible" 52 days they spent in Hamas captivity. The kids also did not see sunlight throughout the said period and "didn't know whether the other one was alive until they were released." 'They haven't eaten well, slept well, or seen the sunlight for 52 days... They didn't know whether the other one was alive until they were released,'Sharon, aunt of the recently released Erez and Sahar Kalderon, speaks about the kids' recovery process following the trauma…pic.twitter.com/OXbzlZYwOm Qatar is looking to negotiate a truce agreement that will include therelease of all hostagesstill being held by Hamas in Gaza, The Jerusalem Post reported Wednesday. The mega deal may include a provision to put an end to the war, as per the report. Israel and the mediating sides have yet to confirm talks regarding a ceasefire deal of such magnitude. If such a truce agreement is being discussed, it could see the release of more men hostages, as well as Israeli soldiers that were also taken to Gaza during the Oct. 7 invasion in Israel. Ella Moore, the aunt of 4-year-oldAbigail Idan, who was among the children freed by Hamas in recent days, told local media the child "should be given her privacy" as the family believes she "went through some difficult things" in captivity. Idan's parents were murdered by Hamas operatives on Oct. 7, after which the then-3-year-old Abigail was abducted and taken to Gaza. She turned four while being held in Gaza. Moore said she receives "900 adoption offers" on a daily basis, but she reiterated the family was not giving the child up for adoption. Idan is the only American national that Hamas freed so far since the ceasefire started Friday. Thomas Hand, the father of Emily, 9, who was among the hostages that Hamas released, said his daughter used to be a "normal happy noisy kid," but after returning from captivity, "she whispers – she was moving her lips with no volume or even air coming out." Hand said his daughter was ordered to stay silent by her captors and "got used" to whispering throughout her 50-day stay in captivity in Gaza. Read the full storyhere. Pope Francis called for the truce deal between Israel and Hamas to be extended during his General AudiencemessageWednesday, saying "war is always a defeat." "May we please continue to pray for the serious situation in Israel and Palestine ... peace, please, peace," he said. Mousa Abu Marzook, a senior member and co-founder of Hamas, said the terror group will releasetwo hostages"of Russian origin" on Wednesday, Israeli media reported. The move is "outside" the existing ceasefire-hostage agreement with Israel but will be done "as a sign of appreciation for Russian President [Vladimir] Putin," according to the report. Germany's ambassador to Israel Steffen Seibert called out the "disgraceful" manner in which Hamas freed hostages Tuesday. "The atmosphere the terrorists now create around the release of their hostages – half Islamist rally, half party – is disgraceful and must be so hard for these women and children emerging from the tunnels to walk through," hewroteon X Wednesday. Hamas published footage of its operations to hand over 12 hostages to the Red Cross, wherein Palestinians can be seen cheering in the background as the freed hostages walk towards Red Cross personnel. Yossi Schneider, the cousin of Shiri Bibas, said Shiri, her husband, and her children, 4-year-old Ariel and 10-month old Kfir, arenot on the listof hostages that Hamas will free Wednesday, local media reported. Schneider added that they were not informed Hamas hadtransferredShiri and her family to another militant group until the IDF made the announcement Tuesday. Hamas is willing to extend the six-day ceasefire deal for four more days, AFP reported, citing a source close to the Palestinian militant group. #BREAKINGSource close to Hamas says group willing to extend truce by four more dayspic.twitter.com/PmisXPXCY5 The news comes following Hamas' claims that it proposed to Israel an expansion of the existing truce agreement to include men and military captives. Israel is willing to consider Hamas' proposition toexpandthe terms of the current ceasefire-hostage deal to include abducted men and even Israeli soldiers if the militant group honors the current agreement, The Washington Post reported, citing an Israeli official who spoke on condition of anonymity due to the sensitivity of the matter. After Wednesday's releases of mostly children, it is believed that around 20 to 30 female hostages will remain in Gaza, the official said, adding that Israel is willing to continuously extend the truce deal as long as 10 women are released for each day of the ceasefire extension. Israel and Hamas have reportedly reached a "preliminary understanding" toextendthe ceasefire for two more days, The Guardian said, citing the Al-Araby Al-Jadeed newspaper. The Israeli government has yet to officially confirm the report. Rep. Rashida Tlaib, D-Mich., called for the release of "all hostages" and "Palestinian political prisoners" in astatementWednesday. She specifically expressed support for "the release of Israeli civilians" and called for her fellow U.S. House members "to demand the same for Palestinian civilians being held by Israeli forces without charge or trial." Tlaib's statements came about three weeks after the House voted tocensureher over her rhetoric about the Israel-Hamas war. The House members voted 234-188 on the measure put forth by Rep. Rich McCormick, R-Ga. McCormick said Tlaib "levied unbelievable falsehoods about our greatest ally, Israel, and the attack on October 7." A House censure is only one level below getting expelled from the House. Alaa Abu Sanima, one of the Palestinians freed by Israel Sunday,rejectedhis dismissal from the Israeli prison where he was detained for the reason that he would not receive a salary from the Palestinian Authority when he returns home, local media reported. Sanima was still freed despite his efforts to remain in the Israeli jail, as per the report. IDF spokesperson Lt. Col. Avichay Adraee on Wednesday reiterated his daily message to Gaza residents since the ceasefire started on Nov. 24 that they are forbidden from moving north from the southern part of the strip. He added that "it is forbidden to approach within a kilometer of the border" and that residents are only allowed to move to the south from northern Gaza. #عاجلالرسالة اليومية الى سكان#غزةبعد تمديد فترة الهدنة الانسانية المؤقتة:⭕️لا تحاولوا الانتقال الى منطقة شمال القطاع التي تعتبر منطقة حرب. يمكنكم فقط التنقل الى جنوب وادي غزة عبر طريق صلاح الدين⭕️ الدخول الى البحر ممنوع⭕️ممنوع الاقتراب لمسافة كيلومتر عن الحدودعشان…pic.twitter.com/LY3d8OCQrl The Group of 7 (G7) foreign ministers on Tuesday reaffirmed the group's support for Israel's right to defend itself under international law "as it seeks to prevent a recurrence of the October 7 attacks." They also called for "every effort" to be made in ensuring that humanitarian aid for Gaza civilians is unimpeded, adding that they support "the further extension of this pause and future pauses," as per ajoint statement. The foreign ministers welcomed the release of hostages from Hamas captivity, urging the terror group to free the remaining abducted individuals "immediately and unconditionally." The G7 ministers "especially" called out Yemen's Houthi rebels for their illegalseizureof a Japanese-operated cargo ship linked to an Israeli company. They said the Houthis should release the ship and its crew immediately, emphasizing the importance of maritime security and freedom of navigation. Philippine President Ferdinand "Bongbong" Marcos Jr. thanked Israel, Qatar and Egypt for their efforts in getting Filipino hostage Noralyn Babadilla released from Hamas captivity. Just days after expressing concern for Noralyn Babadilla's whereabouts, I am very happy to announce that Noralyn is safely back in Israel, becoming the second Filipino released from Gaza.I have entrusted our officials at the Philippine Embassy in Tel Aviv to attend to her needs…pic.twitter.com/ZJTEH7ZVVD Babadilla's release marks the end of Manila's search for Filipinos unaccounted for since the Oct. 7 attacks. "We extend our sincerest gratitude to Israeli authorities for facilitating Noralyn's release, and for all ongoing assistance to Filipinos in Israel," the Philippine president said. He also thanked Egypt and Qatar "for their crucial role" in securing the release of hostages being held by Hamas in Gaza. A possibleextensionto the six-day ceasefire deal will depend "on the conduct of Hamas," local media reported Wednesday, citing an Israeli political official. The news comes after clashes were reported between Israeli troops and Hamas combatants in northern Gaza Tuesday. Hamas combatants "attacked" Israeli troops operating within the agreed ceasefire lines Tuesday, IDF spokesperson Lt. Col. Jonathan Conricus said Wednesday. "A short battle ensued" due to the attacks, after which Hamas militants retreated, he said. Hamas attacked our forces on the ground today, we repelled the attack and since then have returned to the agreed upon framework. Additional violations by Hamas will endanger the [email protected]/EW1JELDoxw While the Israeli army views the attacks as a "violation" of the ceasefire framework, the IDF said it is focused on the return of freed hostages at this time. Hamas claimed it was Israel that violated the ceasefire deal. Conricus said Israeli forces are operating "according to the pause." Majed Al Ansari, official spokesperson of Qatar's foreign ministry, said15 minorswere among the Palestinian detainees freed by Israel Tuesday. The Israeli army on Tuesday said three explosive devices wereactivatedin two separate cases "near the IDF forces." The said incidents were "contrary to the ceasefire agreement," the IDF said. At one point, shots were allegedly fired at Israeli forces. Israeli soldiers fired back at the sources of the gunfire. During the exchanges, "the IDF forces stayed within the agreed ceasefire lines," the IDF noted. Israeli forcessurrounded a housein Jenin in the West Bank and demanded that the people inside the residents turn themselves in, local media reported, citing Palestinian reports. The IDF has said it continues to makearrestsamong wanted individuals in the West Bank, Judea, Samaria and other areas, with several of the arrested during the ceasefire period beingmembers of Hamas. The testimony of 12-year-old Eitan Yahalomi, who was freed Monday by Hamas, "demonstrates that Hamas is a cruel terrorist organization," said IDF spokesperson Rear Adm. Daniel Hagari in a statement posted on X early Wednesday. We will get our hostages back.pic.twitter.com/vtYetMD7aH Yahalomi's aunt, Deborah Cohen, told local media that the boy was forced to watch footage that showed the horrific attacks in Israel on Oct. 7 by Hamas militants. He said it is the world's "moral obligation as humans to insist that the Red Crescent fulfills its responsibility." Hamas has prevented Red Cross personnel from seeing hostages since they were abducted more than seven weeks ago. The Israeli prime minister spoke with members of the security cabinet Tuesday night, his office said on X. The meeting took place amid increasing pressure from the international community to extend the ceasefire beyond Wednesday. One photo posted by Netanyahu's office shows the prime minister having a conversation with the IDF's chief of staff, Lt. Gen. Herzi Halevi. Prime Minister Benjamin Netanyahu is currently holding a meeting of the Security Cabinet at the Kirya in Tel Aviv.pic.twitter.com/XB5OnQv52P Netanyahu previously reiterated that the war will continue after the ceasefire and Israel will win against Hamas as Israel won't have a future if it doesn't defeat the terror group. This is a battle for civilization. It has to be won. We will win it, because we have no other choice. We don't have a future if we don't. Hamas has already said, 'We'll do it again and again and again.' So we'll have to eradicate them.pic.twitter.com/GdZnB7i24z The aunt of Eitan Yahalomi, 12, who was among the hostages freed by Hamas Monday, said in an interview that the boy was forced by Hamas to watch "horrific" videos of the terror group's Oct. 7 attacks in Israel. Hamas made 12 year old captive Eitan Yahalomi watch footage from the October 7th massacre.Hamas held a gun to his head when he cried.Civilians beat him when he arrived in Gaza.Monsters.pic.twitter.com/ctxH0pYHOM Cohen noted that Yahalomi revealed "every time one of the kids cried, they [Hamas] threatened them with a gun to silence them," adding that when the boy was taken to Gaza, "all the residents, everyone, beat him," as per a translation by the Israeli government. Eitan's aunt, Deborah Cohen, described the Hamas terrorists as "monsters." She said that Eitan is traumatized by his experience and will need time to recover. When asked in the interview if she expected her nephew to go through such trauma while in Hamas captivity, she said she didn't expect it. "Maybe I am naïve, but I wanted to hope he was treated well. Turns out he wasn't. They're monsters," she said. Yahalomi's father, Ohad, is still being held in Gaza, the child's aunt said. Ghazi Hamad, a member of Hamas' political bureau, said Tuesday that the militant group is "striving toextend the truce" by using its available cards, adding that it is in regular communication with Qatar and Egypt amid efforts "by other countries" to pile pressure for a ceasefire, as per CNN. While there are "so far" no talks regarding the release of captive Israeli soldiers, he said Hamas is open "to achieve a comprehensive or partial" truce deal. "The comprehensive deal relates to the military (captives) in exchange for the release of all Palestinian detainees from Israeli prisons, or it may be a partial (deal) related to civilians, and this will be subject to the negotiations," Hamad said in a statement. His comments came after the warring sides agreed to extend its existing ceasefire deal for two more days to facilitate the hostage-prisoner exchange. The U.S. House of Representativespassed a resolutionTuesday at 412-1. It reaffirms the State of Israel's right to exist. Only one representative, Rep. Thomas Massie, R-Ky., voted against the resolution introduced by Rep. Mike Lawler, R-N.Y., while Rep. Tlaib of Michigan voted "present," which basically means she is not contributing to the passage or failure of the resolution. Aside from reaffirming Israel's right to existence, the resolution also: Lawler said he is "proud that 210 Republicans and 202 Democrats set aside our differences and came together to show support for our closest ally in the Middle East." Tonight, in passing my House Resolution 888 by a margin of 412 to 1, Congress reaffirmed our support for the state of Israel, their right to exist, and the right of the Jewish people to live peacefully in their native land.https://t.co/s3qtdXLteT Thailand's foreign minister, Parnpree Bahiddha-Nukara, welcomed the two Thai nationals freed by Hamas Tuesday when they arrived at Al Shamir Medical Center in Israel. They are expected to return home to Thailand "soon," Thailand's Ministry of Foreign Affairs (MFA) wrote on X. Deputy Prime minister and Minister of Foreign Affairs welcomed the fourth batch of 2 released hostages tonight who just arrived at Al Shamir Medical Center and congratulated them for freedom and safety, and hope they would be able to to return to Thailand soon. Afterwards,  the…pic.twitter.com/E9cO06Kyxu The White House said it is hoping the two American women, who were expected to be among the first batch of 50 hostages to be freed by Hamas, can finally return home. "No Americans, unfortunately, got out today. But we're hopeful. You know, tomorrow is another day. And we certainly hope that we can see some more Americans out," National Security Council (NSC) spokesperson John Kirby said during apress briefingTuesday. Kirby further noted that the Biden administration is "in favor" of the ceasefire deal being extended beyond the six-day stretch. A total of 12 hostages were freed by Hamas Tuesday, the IDF and Netanyahu's office confirmed. Ten of the freed hostages are Israeli and two are Thai nationals. Some of the Israelis hold dual citizenship, as per the Israeli government. Their families have been informed, and the IDFsaidthe returning hostages underwent initial medical evaluation. The Government of Israel embraces the 12 hostages – ten of our citizens and two Thai nationals – who returned to Israeli territory today (Tuesday, 28 November 2023). Their families have been updated by the responsible officials that they have returned to the country.

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Leila Fadel

The fragile cease-fire between Israel and Hamas has entered its 6th day

The hostage-for-prisoner exchange is expected to continue on Wednesday. The humanitarian crisis in Gaza is dire and the military situation volatile.

https://www.npr.org/2023/11/29/1215765507/the-fragile-cease-fire-between-israel-and-hamas-has-entered-its-6th-day

2023-11-29 10:04:15

The hostage-for-prisoner exchange is expected to continue on Wednesday. The humanitarian crisis in Gaza is dire and the military situation volatile.

Israel

The hostage-for-prisoner exchange is expected to continue on Wednesday. The humanitarian crisis in Gaza is dire and the military situation volatile.

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A Martínez

After NATO meeting, Secretary of State Blinken will head to the Middle East

Blinken will make his third trip to the region since Hamas attacked Israel on Oct. 7. Before that he'll be at NATO headquarters in Brussels to reaffirm support for Ukraine in its war against Russia.

https://www.npr.org/2023/11/29/1215765444/after-nato-meeting-secretary-of-state-blinken-will-head-to-the-middle-east

2023-11-29 12:21:00

Blinken will make his third trip to the region since Hamas attacked Israel on Oct. 7. Before that he'll be at NATO headquarters in Brussels to reaffirm support for Ukraine in its war against Russia.

Israel

Blinken will make his third trip to the region since Hamas attacked Israel on Oct. 7. Before that he'll be at NATO headquarters in Brussels to reaffirm support for Ukraine in its war against Russia.

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NPR

The brother of a Palestinian prisoner welcomes his release from Israeli custody

NPR's Leila Fadel talks to Ahmad Husam Ahmad Khalil, the brother of a Palestinian man released from Israeli custody as part of a temporary truce between Israel and Hamas.

https://www.npr.org/2023/11/29/1215765451/the-brother-of-a-palestinian-prisoner-welcomes-his-release-from-israeli-custody

2023-11-29 12:23:00

NPR's Leila Fadel talks to Ahmad Husam Ahmad Khalil, the brother of a Palestinian man released from Israeli custody as part of a temporary truce between Israel and Hamas.

Israel

NPR's Leila Fadel talks to Ahmad Husam Ahmad Khalil, the brother of a Palestinian man released from Israeli custody as part of a temporary truce between Israel and Hamas.

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Globalsecurity.org

John Pike

Announcement from the PM's Office

The Government of Israel embraces the 12 hostages - ten of our citizens and two Thai nationals - who returned to Israeli territory today (Tuesday, 28 November 2023).

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-israel-pm01.htm

nan

2023-11-29 07:27:30

Israel - Prime Minister's Office The 37th Government28.11.2023 The Government of Israel embraces the 12 hostages - ten of our citizens and two Thai nationals - who returned to Israeli territory tod… [+746 chars]

Israel

Israel - Prime Minister's Office The 37th Government28.11.2023 The Government of Israel embraces the 12 hostages - ten of our citizens and two Thai nationals - who returned to Israeli territory today (Tuesday, 28 November 2023). Their families have been updated by the responsible officials that they have returned to the country. The Government of Israel is committed to the return of all of the hostages and missing: List of our citizens: Tamar Metzger (78) Ditza Heiman (84) Noralin Babadila (60) Ada Sagi (75) Ofelia Adit Roitman (77) Rimon Kirsht (36) Meirav Tal (53) Leimberg family: Gabriela Leimberg (59) Mia Leimberg (17) Clara Marman (63) The Government, together with all of the security agencies, will assist them and their families. "And they shall come back from the land of the enemy." (Jeremiah 31: 15)

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John Pike

30 Palestinian prisoners released by Israel on 5th day of truce

A bus carrying 30 Palestinian prisoners departed on Tuesday evening from the Israeli Ofer prison, which is located near the West Bank city of Ramallah, said a Xinhua reporter on-site.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231129-pdo01.htm

nan

2023-11-29 05:33:14

People's Daily Online (Xinhua) 11:14, November 29, 2023 GAZA, Nov. 28 (Xinhua) -- A bus carrying 30 Palestinian prisoners departed on Tuesday evening from the Israeli Ofer prison, which is located … [+847 chars]

Israel

People's Daily Online (Xinhua) 11:14, November 29, 2023 GAZA, Nov. 28 (Xinhua) -- A bus carrying 30 Palestinian prisoners departed on Tuesday evening from the Israeli Ofer prison, which is located near the West Bank city of Ramallah, said a Xinhua reporter on-site. The Israel Prison Service confirmed that 30 Palestinians, including 15 women and 15 minors, were released from Israeli jails in the fifth swap under a truce deal between Israel and Hamas. Earlier on Tuesday, the Al-Qassam Brigades, the military wing of Hamas, handed over the fifth batch of hostages to the International Red Cross. The Israeli government also confirmed it had received 12 hostages, including 10 Israelis and two Thai nationals, released from the Gaza Strip. The humanitarian four-day ceasefire between Israel and Hamas, supposed to expire on Tuesday morning, was extended for an additional two days, the Qatari Foreign Ministry announced on Monday.

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John Pike

Erdogan says Israel must be held accountable, tried in international courts for crimes in Gaza

Turkish President Recep Tayyip Erdogan says the Israeli regime has shamelessly violated international law by committing various crimes in its latest war on Gaza which has killed more than 15,000 people in less than two months.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-presstv02.htm

nan

2023-11-29 07:27:22

Iran Press TV Tuesday, 28 November 2023 6:25 PM Turkish President Recep Tayyip Erdogan says the Israeli regime has shamelessly violated international law by committing various crimes in its latest … [+1655 chars]

Israel

Iran Press TV Tuesday, 28 November 2023 6:25 PM Turkish President Recep Tayyip Erdogan says the Israeli regime has shamelessly violated international law by committing various crimes in its latest war on Gaza which has killed more than 15,000 people in less than two months. In a phone call on Tuesday with United Nations Secretary General Antonio Guterres, the Turkish president said that Israel must be tried in international courts for war crimes it has committed in Gaza over the past weeks, according to a statement by the Turkish presidency. "Israel continues to shamelessly trample on international law, the laws of war, and international humanitarian law by looking in the eyes of the international community, and it must be held accountable for the crimes it committed in front of international law," the statement quoted Erdogan as saying in the phone call. Erdogan also discussed with Guterres the "expectations of the international community regarding Israel's unlawful attacks" on Gaza as well as issues like the delivery of humanitarian aid to people in the territory and efforts that can guarantee a permanent settlement of disputes in the region. The call for prosecution of Israel in international courts is one of the strongest to come from Erdogan since the conflict in Gaza began in early October. He had previously called Israel a "terror state" while describing its attacks on Gaza as genocide. Meanwhile, Turkish Foreign Minister Hakan Fidan is planning to attend a UN Security Council meeting in New York on Wednesday where he is scheduled to meet members of a contact group formed this month by the Organization of Islamic Cooperation (OIC) and the Arab League to discuss Gaza with Western countries and others.

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Globalsecurity.org

John Pike

US, Israeli spy chiefs discussing 'next phase' of Israel-Hamas ceasefire in Qatar: Report

Spy chiefs of the United States and Israel are discussing the "next phase" of the current ceasefire between Tel Aviv and the Palestinian resistance movement Hamas in Qatar, as the truce in the besieged Gaza Strip has already been extended for a brief period.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-presstv04.htm

nan

2023-11-29 07:27:22

Iran Press TV Tuesday, 28 November 2023 5:58 PM Spy chiefs of the United States and Israel are discussing the "next phase" of the current ceasefire between Tel Aviv and the Palestinian resistance m… [+3088 chars]

Israel

Iran Press TV Tuesday, 28 November 2023 5:58 PM Spy chiefs of the United States and Israel are discussing the "next phase" of the current ceasefire between Tel Aviv and the Palestinian resistance movement Hamas in Qatar, as the truce in the besieged Gaza Strip has already been extended for a brief period. The leaders of the US Central Intelligence Agency (CIA) and the Israeli Mossad spy agency arrived in the Qatari capital of Doha to discuss the "next phase" of the current truce in the war-torn Palestinian enclave, AFP cited an unnamed source briefed on the visit as saying on Tuesday. "The director of the CIA and the director of the Israeli National Intelligence Agency are in Doha to meet with the Qatari prime minister," the source said. The four-day Qatari-brokered ceasefire between Tel Aviv and Hamas went into effect on Friday and was extended for two more days on Monday. The US and Israeli spy chiefs were scheduled to meet Qatari Prime Minister Mohammed bin Abdulrahman Al Thani, the source further said, adding that Egyptian officials were also taking part in the meeting. The discussions aim "to build on the progress of the extended humanitarian pause agreement and to initiate further discussions about the next phase of a potential deal," the source went on to say. Over the initial four-day pause, 50 Israeli hostages were freed in return for 150 Palestinian prisoners held by Israel. Separately on Tuesday, Qatar's foreign ministry spokesman, whose country has been engaged in intense negotiation, said the mediator would use the extension to work toward what he called a "sustainable truce" between the two sides. "Our main focus right now, and our hope, is to reach a sustainable truce that will lead to further negotiations and eventually to an end ... to this war," said Majed Al Ansari at a press conference. "However, we are working with what we have. And what we have right now is the provision to the agreement that allows us to extend days as long as Hamas is able to guarantee the release of at least 10 hostages," he added, confirming that the ceasefire would continue with the release of 20 further hostages. "We are hopeful that in the next 48 hours, we will be getting more information from Hamas regarding the rest of the hostages," Al Ansari further said. He acknowledged that there were "minimal breaches" in the ceasefire in recent days, but stressed that they could not harm "the essence of the agreement." The deal forced the Israeli regime to halt its aggression on Gaza which had lasted for 49 days and had claimed the lives of over 15,000 people. It also allowed Hamas to exchange Israeli captives it took during a blitz into occupied Palestine in early October with Palestinians held by Israel. The conflict in Gaza began on October 7 after an unprecedented operation by Hamas against Israel led to some 1,400 deaths among Israeli settlers and military forces. The Israeli regime then used the operation as a pretext to launch a relentless military campaign against Gaza. Many countries around the world are pressing for a permanent end to the Israeli regime's carnage against the civilian population in Gaza.

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Globalsecurity.org

John Pike

Hamas frees 12 captives, Israel releases 30 Palestinians in 5th phase of swap deal

The Palestinian resistance movement Hamas has freed 12 captives in exchange for 30 Palestinians released by the Israeli regime, as part of the fifth phase of a swap deal between the two sides.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-presstv01.htm

nan

2023-11-29 07:27:22

Iran Press TV Tuesday, 28 November 2023 9:33 PM The Palestinian resistance movement Hamas has freed 12 captives in exchange for 30 Palestinians released by the Israeli regime, as part of the fifth … [+1417 chars]

Israel

Iran Press TV Tuesday, 28 November 2023 9:33 PM The Palestinian resistance movement Hamas has freed 12 captives in exchange for 30 Palestinians released by the Israeli regime, as part of the fifth phase of a swap deal between the two sides. The exchange went underway on Tuesday, the fifth day of the agreement that has been clinched between the two sides through Qatar and Egypt's mediation. The agreement has also brought about a lull in a genocidal Israeli war against the Gaza Strip, which has killed more than 15,500 people across the coastal sliver. The Israeli regime began the war on October 7 following an operation by Gaza's resistance groups that killed 1,200 Israeli settlers and forces and led to the captivity of hundreds of others. The captives released by Hamas on the fifth day comprised 10 Israelis and two Thai nationals. So far, under the deal, Hamas has released a total of 81 captives while Israel has freed 150 Palestinian detainees. Friday marked the first day of the agreement, which had been initially brokered for four days. The regime and Hamas agreed to extend it for two more days on Monday. Speaking on Tuesday, Khalil al-Hayya, a member of the Hamas' Political Bureau, said he hoped the deal would be extended for a longer period of time. Israel, however, has vowed to resume the war with "full force," claiming that it seeks to end Hamas' rule over Gaza. Hamas has vowed that the Palestinian territory would be only ruled by its own people once the war was over.

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Globalsecurity.org

John Pike

As Israel and Hamas Extend Truce, More Pressure on Biden to Push for Permanent Cease-fire

The decision by Israel and Hamas to extend their temporary truce in Gaza from four days to six has raised expectations that both sides will agree to further extensions to allow for more hostage swaps and humanitarian aid to enter the Palestinian enclave.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-voa01.htm

nan

2023-11-29 07:10:14

By Patsy Widakuswara November 28, 2023 The decision by Israel and Hamas to extend their temporary truce in Gaza from four days to six has raised expectations that both sides will agree to further ex… [+5516 chars]

Israel

By Patsy Widakuswara November 28, 2023 The decision by Israel and Hamas to extend their temporary truce in Gaza from four days to six has raised expectations that both sides will agree to further extensions to allow for more hostage swaps and humanitarian aid to enter the Palestinian enclave. Washington is stepping up efforts to extend the pause that allowed the release of hostages held by Hamas in exchange for Palestinian prisoners in Israeli detention. CIA Director Bill Burns was in Doha on Tuesday meeting his Israeli, Egyptian and Qatari counterparts. Secretary of State Antony Blinken will be back in the region later this week with stops including Dubai, the West Bank and Israel. The latest Israel-Hamas deal brought the number of Israelis freed to 60. An additional 21 hostages have been released in separate negotiations. "We want to get them all back," John Kirby, National Security Council coordinator for strategic communications, told reporters on Tuesday. One hundred fifty Palestinians have been released from Israeli prisons, but thousands remain. While the administration considers the brief truce a diplomatic win, it has also placed more pressure on U.S. President Joe Biden to persuade Israeli Prime Minister Benjamin Netanyahu's government to make the stop in fighting permanent. The White House has so far resisted demands from human rights activists and the progressive wing of Biden's Democratic Party to end U.S. support for Israel's strikes and push for a permanent cease-fire. Administration officials repeatedly say that at this point, humanitarian relief can be achieved only through hostage deals that allow temporary stops on Israeli attacks and more aid to flow in. "Short-term pauses are entirely insufficient to meet the needs on the ground and to address human rights conditions on the ground," said Paul O'Brien, executive director of Amnesty International USA. On Wednesday, his group and others will be presenting nearly 1 million signatures calling on Biden to use his influence to bring about a sustained cease-fire in Gaza. "More and more Americans want this cease-fire," he told VOA. Fifty-three percent of American voters support calls for a cease-fire, according to a recent Morning Consult poll. Changing US calculus The United States has staunchly supported Israel's right to defend itself since Hamas' Oct. 7 attacks killed 1,200 people in Israel. However, as the number of Palestinian deaths grows — topping 14,000, according to the Gaza Health Ministry — the administration has been increasingly vocal that Israel must minimize civilian harm. Last week, Biden said he is considering making aid to Israel conditional based on its conduct in the war. Mounting Arab and international pressure, along with domestic anger, is changing the administration's calculus, said Ahmed Fouad Alkhatib, a Middle East political analyst at the Washington Institute for Near East Policy. Biden is now "attempting to strike a moderate tone that addresses competing priorities," Alkhatib told VOA. Domestic pressure comes not only from Arab Americans, American Muslims and some Democrats but also from a Jewish group advocating for American leadership to end the conflict diplomatically. In a statement released Tuesday, the group J Street urged the Biden administration to insist that Israel significantly change its military operation, make clear that the U.S. "will not provide unbounded support for a war with no limits and no exit strategy" and reject "any future Israeli occupation, annexation or blockade in Gaza." It's a delicate balance for Biden to navigate. Pushing too hard on Netanyahu, who is already under immense domestic pressure from the families of the more than 100 hostages still held by Hamas, may backfire. Already anxious that a long pause will give Hamas time to regroup and reposition its forces, the Israeli war Cabinet is worried that prisoner swaps are boosting Hamas' popularity in the occupied West Bank. And as administration officials often underscore, the U.S. is not the one drawing up Israel's war plans and battlefield decisions. "We're providing advice. We're providing our perspectives," Kirby said. Cease-fire challenges Analysts say a permanent cease-fire would require one of two developments: the dismantling of Hamas' ability to rule Gaza and the stripping of its military wing, the Qassam Brigades, of munitions and infrastructure. Or, that Israel and Hamas forge a long-term agreement that entails fundamental changes. The prospects of the latter appear dim as Israel and Hamas have fundamentally incompatible goals — each other's destruction. "It's much more likely that Israel will destroy Hamas than vice versa," said Michael O'Hanlon, senior fellow of the foreign policy program at the Brookings Institution. "But these are not two groups that could work out a reasonable compromise on strategic long term and states," he told VOA. While the Qassam Brigades can be weakened and Hamas' governance structures can be toppled, rooting out the group that has been in control of Gaza since it won the 2006 election there is a different matter. "Whatever remains of Hamas politically after the Gaza war is over may be incentivized to join the Palestinian Authority in pursuit of this solution, something that Hamas' Politburo has endorsed as a favorable option," Alkhatib said. Biden and his aides have said that for a permanent cease-fire to succeed, there must be a road map toward a two-state solution. Without it, conditions will be ripe for a similar group to emerge, even if Hamas had been dismantled.

774335

nan

Globalsecurity.org

John Pike

Islamic Jihad says ready to repel Israeli aggression against Gazans

The Palestinian Islamic Jihad resistance movement has voiced its full readiness to repel any Israeli aggression against residents of the Gaza Strip in reaction to the extension of a humanitarian pause in fighting between fellow Hamas group and Israel.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-presstv10.htm

nan

2023-11-29 07:27:22

Iran Press TV Tuesday, 28 November 2023 8:30 AM The Palestinian Islamic Jihad resistance movement has voiced its full readiness to repel any Israeli aggression against residents of the Gaza Strip i… [+2420 chars]

Israel

Iran Press TV Tuesday, 28 November 2023 8:30 AM The Palestinian Islamic Jihad resistance movement has voiced its full readiness to repel any Israeli aggression against residents of the Gaza Strip in reaction to the extension of a humanitarian pause in fighting between fellow Hamas group and Israel. "Following efforts made through mediation, an agreement was reached to extend the truce for an additional two days in the Gaza Strip under the same conditions as stated in the prisoner swap deal," the Gaza-based movement said in a statement released early on Tuesday morning. The Islamic Jihad added that Palestinian resistance factions sought to protect public interests and receive the largest possible amount of humanitarian aid under the extended truce. "The Islamic Jihad movement, alongside other resistance forces, is closely monitoring the behavior of the Zionist enemy, and is ready to safeguard national interests and prevent aggression against the Palestinians at any cost," the statement read. On Monday, Qatari Ministry of Foreign Affairs spokesman Majed al-Ansari said on X, formerly Twitter, that the truce deal which originally went into effect on Friday was extended for an additional 48 hours. "The State of Qatar announces that, as part of the ongoing mediation, an agreement has been reached to extend the humanitarian truce for an additional two days in the Gaza Strip," al-Ansari wrote. Ghazi Hamad, a Hamas official, said he hoped the truce could be extended further. During the first three days of the truce, 39 Israeli captives were released by the resistance group in exchange for 117 Palestinian prisoners held in Israeli jails as part of the deal between Hamas and Israel. Foreign nationals, including 17 Thai citizens, one Filipino and one dual Russian-Israeli national have also been released by Hamas. On Monday, in the fourth exchange since the truce came into effect, three Palestinian women and 30 children were freed from Israeli prisons. In exchange, the Red Cross said it has successfully facilitated the release and transfer of 11 Israeli captives held in Gaza. Israel launched a deadly offensive against the besieged enclave on October 7, after Hamas carried out a surprise large-scale operation dubbed Al-Aqsa Strom into the occupied territories and Israeli settlements. According to Gaza officials, seven weeks of relentless Israeli attacks in Gaza killed nearly 15,000 Palestinians, more than a third of them children, and displaced at least 1.5 million.

774337

nan

Globalsecurity.org

John Pike

U.S. Senate Leader Will Push For Vote On Aid For Ukraine, Israel As Soon As Next Week

The U.S. Senate will begin considering a package including aid for Israel and Ukraine as soon as next week, Senate Majority Leader Chuck Schumer (Democrat-New York) told reporters on November 28.

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-rferl02.htm

nan

2023-11-29 07:27:25

By RFE/RL's Ukrainian Service November 28, 2023 The U.S. Senate will begin considering a package including aid for Israel and Ukraine as soon as next week, Senate Majority Leader Chuck Schumer (Demo… [+3626 chars]

Israel

By RFE/RL's Ukrainian Service November 28, 2023 The U.S. Senate will begin considering a package including aid for Israel and Ukraine as soon as next week, Senate Majority Leader Chuck Schumer (Democrat-New York) told reporters on November 28. "I'm gonna put them on the floor next week, hopefully with bipartisan support, because that's the only way you can get it done," Schumer said at his weekly news conference. "We hope to have a vote next week. Yes, that's the plan." Schumer said the aid bill is needed even if there is no agreement on funding for border security measures that Republican lawmakers have demanded. President Joe Biden last month submitted to Congress a request for more than $105 billion in defense aid, which included $61.4 billion in aid to Ukraine and $14.3 billion in aid to Israel, but the measure remains blocked, raising concerns that funds for Ukraine might never pass, especially after the Republican-led House of Representatives recently passed a bill including assistance for Israel but not Ukraine. The combined aid request is likely to face more difficulty in the House, but Speaker Mike Johnson (Republican-Louisiana) said he remains "confident and optimistic" Congress will be able to pass aid for Israel and Ukraine before the holiday season. "I think all of that will come together in the coming days. I'm confident and optimistic that we'll be able to get that done -- get that over the line," he said on November 27 at an event in Florida, according to Politico. He added that in Congress there is "a sense of urgency" to provide aid to both Ukraine and Israel. "Of course, we can't allow [Russian President] Vladimir Putin to march through Europe, and we understand the necessity of assisting there," he said. "What we've said is that if there is to be additional assistance to Ukraine -- which most members of Congress believe is important -- we have to also work on changing our own border policy." Johnson said a lot of "thoughtful negotiation" has taken place on providing assistance to Ukraine and changing U.S. policy regarding its southern border but acknowledged this is an approach that links Ukraine's military assistance to one of the most divisive domestic political issues. "I think most of our Senate colleagues recognize that those two things need to move together because we owe that to the American people," he said. NATO Secretary-General Jens Stoltenberg said earlier on November 28 he expects the United States to continue its support of Ukraine in its fight to repel invading Russian forces despite opposition from some Republican lawmakers who have cast doubt on Washington's aid to Kyiv. Speaking at a meeting of foreign ministers from the alliance's 31 members, Stoltenberg said that the allies have provided Ukraine with an unprecedented level of military support since the beginning of Russia's full-scale invasion in February 2022. That support has allowed Ukraine "to inflict heavy losses on Russian forces," he said. "Therefore, we must continue to support them." Commenting on whether U.S. support will continue despite a political impasse in Washington, Stoltenberg voiced confidence aid from the United States -- which so far has topped $40 billion -- will continue to flow. "I am confident that the United States will continue to provide support because it is in the security interest of the United States to do so," Stoltenberg said. With reporting by AFP, Reuters, and Politico Source:https://www.rferl.org/a/stoltenberg-washington- support-ukraine-impasse/32703303.html Copyright (c) 2023. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.

774362

nan

Globalsecurity.org

John Pike

Hamas military wing says it confronted Israeli forces violating truce following brief extension

The Palestinian resistance movement Hamas says it has successfully confronted Israeli forces who were violating a ceasefire in Gaza hours after it was extended for a brief period.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-presstv06.htm

nan

2023-11-29 06:10:13

Iran Press TV Tuesday, 28 November 2023 3:00 PM The Palestinian resistance movement Hamas says it has successfully confronted Israeli forces who were violating a ceasefire in Gaza hours after it wa… [+1788 chars]

Israel

Iran Press TV Tuesday, 28 November 2023 3:00 PM The Palestinian resistance movement Hamas says it has successfully confronted Israeli forces who were violating a ceasefire in Gaza hours after it was extended for a brief period. A spokesman of Hamas' military wing, known as Qassam Brigades, said on Tuesday that the clashes that had erupted in northern Gaza earlier in the day between the Brigades and the Israeli forces were a result of Israelis' blatant violation of the truce. However, the spokesman, who goes by his nom de guerre Abu Obaida, told Al Jazeera that Hamas will stick to its commitments under the ceasefire deal as long as Israel observes its obligations. The comments came after reports suggested that Israeli forces had sought to advance from their positions in northern Gaza earlier on Tuesday despite the ceasefire. The reports said the Israelis had to return to their positions after they were confronted by the Qassam Brigades. Hamas and Israel started to implement a four-day ceasefire mediated by Qatar and several other countries in early hours of Friday. The deal forced the Israeli regime to halt its aggression on Gaza that had lasted for 49 days and had claimed the lives of over 15,000 people. It also allowed Hamas to exchange Israeli captives it took during a blitz into occupied Palestine in early October with Palestinians held by Israel. The two sides agreed late Monday to extend the truce deal for two more days. The conflict in Gaza began on October 7 after an unprecedented operation by Hamas against Israel led to some 1,400 deaths among Israeli settlers and military forces. The Israeli regime then used the operation as a pretext to launch a relentless military campaign against Gaza. Many countries around the world are pressing for a permanent end to the Israeli regime's carnage against the civilian population in Gaza.

774411

nan

Globalsecurity.org

John Pike

UN envoy calls for de-escalation in Syria

UN Deputy Special Envoy for Syria Najat Rochdi on Tuesday called for urgent de-escalation in Syria and warned of the spillover of the Israeli-Palestinian conflict.

https://www.globalsecurity.org/wmd/library/news/syria/2023/syria-231129-pdo01.htm

nan

2023-11-29 07:27:25

People's Daily Online (Xinhua) 09:16, November 29, 2023 UNITED NATIONS, Nov. 28 (Xinhua) -- UN Deputy Special Envoy for Syria Najat Rochdi on Tuesday called for urgent de-escalation in Syria and wa… [+3102 chars]

Israel

People's Daily Online (Xinhua) 09:16, November 29, 2023 UNITED NATIONS, Nov. 28 (Xinhua) -- UN Deputy Special Envoy for Syria Najat Rochdi on Tuesday called for urgent de-escalation in Syria and warned of the spillover of the Israeli-Palestinian conflict. "We remain deeply concerned about the prospect of a potentially wider escalation in Syria. The effects of the tragic developments in the occupied Palestinian territory and Israel continue to be felt inside Syria," she told the Security Council. Just this weekend, Israeli airstrikes once again hit Damascus airport, once again temporarily halting the UN Humanitarian Air Service which operates from this airport and services Syria's humanitarian programs, she noted. "Targeting civilian infrastructure is prohibited under international law." The attack on Damascus airport came after several other airstrikes attributed to Israel on other locations across Syria as well as reports of Israeli artillery fire into southern Syria, she said. These strikes have coincided with reports of rocket and missile launches from southern Syria over the occupied Syrian Golan toward Israel, she said. Near-daily reports of attacks on U.S. forces in northeast Syria continue, mostly claimed by the so-called Islamic Resistance in Iraq, though none have been reported in the last few days. The United States, which claims that groups behind these attacks are backed by Iran, have carried out two more rounds of what they say are retaliatory strikes on facilities in Syria which it claims are used by Iran's Islamic Revolutionary Guard Corps and groups that it backs. Iran denies that these groups are affiliated with it, said Rochdi. Meanwhile, the Syrian conflict continues in all its other dimensions, involving Syrian government forces, rebels, terrorist groups and Trkiye, she said. "Violence continues in Syria, including spillover from Gaza and Israel. To continue such violence is to play with fire. Just one miscalculation ... could ignite a dozen different powder kegs that lie within Syrian borders," she warned. "We need sustained de-escalation operationalized through robust channels between all stakeholders. We need the killing, injuring and displacement of civilians, and the destruction of infrastructure not just to decrease, but to end," she noted. Such a de-escalation of violent conflict would be a vital start, but it is not enough. The only way to tackle this unsustainable status quo is through a credible and comprehensive approach to a political solution that puts all of the issues of concern to stakeholders on the table, allowing Syrians to realize their legitimate aspirations and chart a path to restoring Syria's sovereignty, unity, independence and territorial integrity, said Rochdi. Attention on Syria has ebbed somewhat given the terrible crisis in the region, but the situation in Syria is too dangerous to be left unattended, she warned. "If we do not give the Syrian parties and people a horizon of hope and a political path to resolving their conflict, I fear that the situation will boil over again and again, spilling across a region that is already in a moment of historical crisis," Rochdi said.

774431

nan

Globalsecurity.org

John Pike

NATO hopes to 'remain united on Ukraine as focus shifts away'

NATO is reportedly finalizing Ukraine's membership recommendations during the bloc's foreign ministers' meeting that began on Tuesday, a move analysts said is akin to dangling a carrot in front of Ukraine, to pull it closer to the West when support from the E…

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-globaltimes01.htm

nan

2023-11-29 07:27:25

Global Times Membership recommendations a dangling carrot: experts By Liu Xin Published: Nov 28, 2023 10:43 PM NATO is reportedly finalizing Ukraine's membership recommendations during the bloc's … [+4066 chars]

Israel

Global Times Membership recommendations a dangling carrot: experts By Liu Xin Published: Nov 28, 2023 10:43 PM NATO is reportedly finalizing Ukraine's membership recommendations during the bloc's foreign ministers' meeting that began on Tuesday, a move analysts said is akin to dangling a carrot in front of Ukraine, to pull it closer to the West when support from the EU and the US has become slack, and to ensure solidarity within the EU as the Palestine-Israel conflict absorbs more worldwide attention. A meeting of NATO Ministers of Foreign Affairs is scheduled for Tuesday and Wednesday at the bloc's headquarters in Brussels. While addressing NATO's support for Ukraine, NATO Secretary General Jens Stoltenberg said on Monday that NATO members will agree on recommendations for reforms Kiev must implement to gain membership of the alliance during a NATO-Ukraine meeting, according to media reports. US Assistant Secretary of State for European and Eurasian Affairs James O'Brien was quoted in an Associated Press report as saying that US Secretary of State Antony Blinken, who will be at the NATO meeting, would emphasize the alliance's continued support for Ukraine. In recent weeks, the Biden administration has been preoccupied with the Palestine-Israel conflict. As the European Commission recommended opening EU membership negotiations with Ukraine, NATO also hopes to send a signal through this foreign ministers' meeting by finalizing the recommendations for Ukraine's priority reforms and to offer Ukraine a "commitment," Cui Hongjian, a professor with the Academy of Regional and Global Governance with Beijing Foreign Studies University, told the Global Times. On November 8, the European Commission adopted the 2023 Enlargement Package, providing a detailed assessment of the state of play and the progress made by several countries and for the first time, Ukraine. Although Ukrainian President Volodymyr Zelensky hailed the recommendation as a "historic step" for Kiev's road to the EU, many European media pointed out that Ukraine still faces an uphill climb to join the bloc, including more domestic reforms, and the EU itself also has questions about its future. In order to demonstrate support for Ukraine at a time when the US and EU's concrete aid has waned, the EU and NATO both wish to promote Ukraine's accession process. Also, they fear that pro-Russia forces in Ukraine may retake influence and flip the current situation once Ukraine has lost faith in the West and the EU, said Cui Hongjian. Moreover, by expressing "unwavering support" to Ukraine, NATO and the EU want to maintain a unified stance among member countries toward the Russia-Ukraine conflict, said the expert. As the conflict between Russia and Ukraine has stalemated and the US has struggled to back Ukraine, doubts and criticism of the EU's approach toward Ukraine have risen within the EU and splits have widened between the US and the EU, analysts said. At the beginning of October, top EU diplomat Josep Borrell called on US lawmakers to reconsider their decision to omit financial support for Ukraine from a stopgap budget bill the US Congress passed to halt a federal government shutdown. As the Russia-Ukraine conflict has continued for more than 600 days, Zelensky has been reportedly struggling with increasing war fatigue in the West, admitting that the Palestine-Israel war is "taking away the focus" from the conflict in Ukraine. The West has been depleted by the Russia-Ukraine crisis because they have poured so much cash, resources and weapons into it. They also worry that their security and stability might be impacted by the continuous conflict between Israel and Palestine and the possibility of a conflict in the Asia-Pacific region, Cui Heng, an assistant research fellow from the Center for Russian Studies of East China Normal University, told the Global Times. Cui Heng noted that the West's support to Zelensky is waning, but its general direction to support Ukraine has not changed, aiming to facilitate its post-war strategy. But currently, all commitments made to Ukraine are lip service, said the expert.

774433

nan

International Business Times

Mai Yaghi

Gaza Families Return To Homes In Ruins

Tea and cheese sandwiches are on the breakfast menu for Taghrid al-Najjar's children.

https://www.ibtimes.com/gaza-families-return-homes-ruins-3719671

2023-11-29 10:30:31

Tea and cheese sandwiches are on the breakfast menu for Taghrid al-Najjar's children. It should be an everyday moment, but their home in the Gaza Strip is now mostly rubble. The walls have collapsed… [+4178 chars]

Israel

Tea and cheese sandwiches are on the breakfast menu for Taghrid al-Najjar's children. It should be an everyday moment, but their home in the Gaza Strip is now mostly rubble. The walls have collapsed, with furniture and appliances buried under concrete. Until the war, the 46-year-old mother had never left her farming village along the border with Israel in the southeast of the Strip. Since Friday a truce has paused the fighting between Israel and Hamas, allowing them to return to a neighbourhood in ruins. "It is only here that I feel good," she said. Najjar fled when Israeli bombardments started as it went to war with Hamas in retaliation for the October 7 attacks that left 1,200 dead, mostly civilians, according to the Israeli authorities. For weeks she lived with nine members of her family in a Khan Yunis school converted into a makeshift camp for displaced people. The Hamas-led government says nearly 15,000 people, also mostly civilians, have been killed in the Gaza war, and Najjar said dozens of people in her wider extended family have died. As soon as the truce went into effect on Friday -- it has now been extended for an additional two days -- she began making her way home to Abasan on foot. "I discovered that my house had been completely destroyed -- 27 years of my life to build it and everything is gone!" she said. "For two days I couldn't eat, then I told myself that I had to continue living," she added, looking at her children. "My house is destroyed but my children are alive, so we will rebuild. We have already done it once, we can do it again," she told AFP. Each night the family squeezes through a window to sleep in the only room where the walls have not entirely crumpled. Once there is a permanent ceasefire, Najjar said, they will pitch a tent, but only for "long enough to rebuild the house". Her 64-year-old neighbour Jamil Abu Azra's main concern was his four young grandchildren. "They can sleep anywhere, the problem is that they are afraid and they are traumatised," he said. "Even us adults are afraid, but we pretend in front of the little ones." Across the street, Bassem Abu Taaima contemplated the destroyed building where his family and his four brothers' families had lived. "We are all farmers or taxi drivers. We really have nothing to do with the resistance," he said of Palestinian armed groups, "so we don't understand why all this is happening to us." Wearing a jacket given to him by a neighbour, and shorts despite the biting cold, he said he will wait for the war to end before setting up a tent and starting to clear and rebuild. He has scoured the debris for warm clothes, although everything he has found has been burned or torn. Nearby, Naim Taaimat, 46, was building a shelter for his family from wood, some fabric and a few nails. "This is where I will live with my wife, our seven children and my mother after the war," he said. More tents will be needed as his brothers -- each has seven children -- "have also lost their homes", he added. The brothers "shed blood" to build the houses where the families' possession are now buried under rubble. Taaimat's first priority was to find his daughter Nivine's trousseau, as she had been due to get married next week. He used a hammer to try to break up the concrete blocks before rummaging around with his bare hands. "Now she's lost her house and her fiance also lost his house. So I have to find something so that she can still be a little happy." Twelve-year-old Abdessamad interrupted, running in shouting: "We found an electric lamp and we have logs for the fire!" Sitting with his friends on a dirt floor near the United Nations school where used to study, now partly wrecked by Israeli bombing, he laughed, sang and joked. "The war really scared us and it was horrible, but there is good news," said his friend Nabil, eight. Laughing, and hoping his parents couldn't overhear him, he explained: "The school's destroyed and we won't be able to go back for a while."

774541

nan

GlobeNewswire

Vidac Pharma Holding PLC

Vidac Pharma reports in vitro results showing VDA-1275 compatible with classical chemotherapy

Novel cancer cell metabolism regulator to progress into IND enabling studies London (UK), Rehovot (Israel), 29 November 2023, 7:00 am CET  – Vidac......

https://www.globenewswire.com/news-release/2023/11/29/2787462/0/en/Vidac-Pharma-reports-in-vitro-results-showing-VDA-1275-compatible-with-classical-chemotherapy.html

https://ml-eu.globenewswire.com/Resource/Download/23c105e6-d514-4d2f-a08b-655a01f2b0c1

2023-11-29 06:00:00

Novel cancer cell metabolism regulator to progress into IND enabling studies London (UK), Rehovot (Israel), 29 November 2023, 7:00 am CET   Vidac Pharma Holdings Plc. (Hamburg and Stuttgart: T9G; IS… [+4572 chars]

Israel

Novel cancer cell metabolism regulator to progress into IND enabling studies London (UK), Rehovot (Israel), 29 November 2023, 7:00 am CET– Vidac Pharma Holdings Plc. (Hamburg and Stuttgart: T9G; ISIN:GB00BM9XQ619; WKN: A3DTUQ), a clinical-stage oncology biopharmaceutical company, today announced results from anin vitrostudy of VDA-1275 in combination with chemotherapeutic agents to treat solid tumors, using a human cell culture that mimics most aspects of human tumors. In the study, VDA-1275, a potent small molecule that reverses the cancer cell hyper glycolytic metabolism (Warburg effect), showed both antiproliferative properties and an increase in cell death in multiple tumor types. “These newin vitrodata suggests that VDA-1275 is highly potent against a broad range of tumor types, both as a stand-alone but also in combination with classical chemotherapeutic agents” said Dr. Yuval Sagiv, Chief Technology Officer of Vidac. “VDA-1275 belongs to a new chemical family, which was discovered through AI analysis. Because it targets a key metabolic feature unique to cancer cells, it has the capacity to hinder disease development across multiple forms of cancer.” The study, which used a human 3D Bio-Mimesys cell culture, found that VDA-1275 was significantly effective in suppressing the cancer cells in the nanomolar range, as a monotherapy as well as in combination with chemotherapeutics in this model. This was also the degree of efficacy found previously in pre-clinical animal studies. Further results will be the subject of a peer-reviewed scientific communication and published in the near future. With its completely different mode of action (MOA) and its potential low side effects, VDA-1275 could become part of treatment combinations in many cancer pathologies. “One of the most important obstacles for efficient cancer therapy is the highly acidic micro-environment created by cancer cells through the Warburg effect, and suppression of the cellular programmed death (apoptosis),” said Dr Max Herzberg, Vidac Pharma CEO and Board Chairperson. “By reversing and normalizing tumor metabolism, our drug candidate VDA-1275 is also designed to make cancer cells more sensitive to chemotherapy and/or immunological therapy. These first line preclinical results encourage us to continue studying VDA-1275’s potential in combination with a multiplicity of chemotherapeutic agents.” For more information please contact: AboutVidac Pharma Vidac Pharma is a clinical-stage biopharmaceutical company dedicated to discovering and developing first-in-class medicines to help people suffering from a range of oncologic and onco-dermatologic diseases. Vidac develops first-in-class anti-cancer drugs by modifying the hyper glycolytic tumor microenvironment, targeting the overexpression and wrong anchoring of the Hexokinase 2 metabolic checkpoint (HK2) in cancer cells, to renormalize tumor microenvironment and selectively provoke their programmed death without affecting surrounding normal tissue. VDA-1102, a first drug candidate of Vidac Pharma was proven effective against advanced Actinic Keratosis (AK) and Cutaneous T-cell Lymphoma (CTCL) in Phase 2 in humans, and particularly under a Phase 2B under FDA IND for advanced AK. Important information The above information does not constitute a public offer to sell or a solicitation to submit an offer to buy or subscribe to shares of Vidac Pharma Holding PLC, but is for informational purposes only. The contents of this announcement include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes", "estimates," "anticipates", "expects", "intends", "may", "will", "plans", "continue", "ongoing", "potential", "predict", "project", "target", "seek" or "should", and include statements the Company makes concerning the intended results of its strategy. By their nature, forward-looking statements involve risks and uncertainties and readers are cautioned that any such forward-looking statements are not guarantees of future performance. The Company's actual results may differ materially from those predicted by the forward-looking statements. The Company undertakes no obligation to publicly update or revise forward-looking statements, except as may be required by law. Attachment

774549

nan

Globalsecurity.org

John Pike

IRGC intercepts US warship in Persian Gulf waters

The US Central Command (CENTCOM) confirmed on Monday that the US strike group led by the aircraft carrier USS Dwight D. Eisenhower passed through the Strait of Hormuz into the waters of Persian Gulf.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-isna02.htm

nan

2023-11-29 07:27:22

ISNA - Iranian Students' News Agency Tue / 28 November 2023 / 11:37 A US aircraft carrier that entered Persian Gulf waters was forced to change its course and land its helicopters after receiving a… [+1811 chars]

Israel

ISNA - Iranian Students' News Agency Tue / 28 November 2023 / 11:37 A US aircraft carrier that entered Persian Gulf waters was forced to change its course and land its helicopters after receiving a direct warning from Iranian naval forces, the commander of the Islamic Revolution Guard Corps Navy in Iran General Alireza Tangsiri said. Tehran (ISNA) - The US Central Command (CENTCOM) confirmed on Monday that the US strike group led by the aircraft carrier USS Dwight D. Eisenhower passed through the Strait of Hormuz into the waters of Persian Gulf. CENTCOM added that the strike group would carry out patrols to "ensure freedom of navigation" along key international waterways, as well as support "CENTCOM requirements throughout the region." Brigadier General Alireza Tangsiri revealed that the navy dispatched drones to the American warship when it encountered the military vessels of the IRGC, forcing the US vessel to head toward the south of the Persian Gulf "in compliance with our instructions" after forcing it to land its helicopters. He emphasized that the United States is well aware that the Iranian forces closely monitor the movements of its forces in Persian Gulf and have control over the region. Tangsiri asserted that the IRGC Navy could easily target the American aircraft carrier using missiles and drones. In late October, US Defense Secretary Lloyd Austin said the United States sent the USS Dwight D. Eisenhower carrier strike group to Persian Gulf and deployed additional air defenses throughout the region as it anticipated a continued escalation of attacks against American forces in the region amid the Israeli war on Gaza. Additionally, the USS Gerald R. Ford carrier strike group was deployed in the Eastern Mediterranean to serve as a deterrent to any third parties that might consider joining the conflict against Israel, the Pentagon said earlier. End Item

774593

nan

Globalsecurity.org

John Pike

On the instructions of the President of Ukraine, negotiations with Italy on the conclusion of a bilateral agreement on security guarantees have begun

No description

https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-ukraine-president02.htm

nan

2023-11-29 07:27:25

President of Ukraine 28 November 2023 - 10:23 On the instructions of the President of Ukraine and the Head of the Presidential Office, the first round of consultations with the Republic of Italy on… [+980 chars]

Italy

President of Ukraine 28 November 2023 - 10:23 On the instructions of the President of Ukraine and the Head of the Presidential Office, the first round of consultations with the Republic of Italy on the conclusion of a bilateral agreement on security guarantees, as envisaged by the G7 Joint Declaration of Support for Ukraine, has begun. The Ukrainian negotiating team was headed by Deputy Head of the Presidential Office Ihor Zhovkva. "Ukraine has already started bilateral consultations with all G7 countries, including Italy. It is Italy that will be the presiding state in the G7 next year. We appreciate the significant contribution of our Italian friends to defending Ukraine and bringing our common victory closer. The provision of security guarantees to Ukraine by Italy will be an important step towards our country's membership in the EU and NATO," the Deputy Head of the Presidential Office emphasized. The interlocutors discussed approaches to the content and format of the future bilateral agreement and agreed on a schedule for further communication.

774607

nan

Globalsecurity.org

John Pike

Gerald R. Ford Carrier Strike Group sails with HMS Duncan for Mediterranean operations

Royal Navy destroyer HMS Duncan (D37) joined the Gerald R. Ford Carrier Strike Group (GRFCSG) to participate in routine operations and conduct training events in the Mediterranean Sea, Nov. 16.

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-usn02.htm

nan

2023-11-29 03:42:01

US Navy 28 November 2023From Gerald R. Ford Carrier Strike Group Public Affairs MEDITERRANEAN SEA -- Royal Navy destroyer HMS Duncan (D37) joined the Gerald R. Ford Carrier Strike Group (GRFCSG) to… [+2029 chars]

Italy

US Navy 28 November 2023From Gerald R. Ford Carrier Strike Group Public Affairs MEDITERRANEAN SEA -- Royal Navy destroyer HMS Duncan (D37) joined the Gerald R. Ford Carrier Strike Group (GRFCSG) to participate in routine operations and conduct training events in the Mediterranean Sea, Nov. 16. This combined effort enhanced Allies' abilities to maintain agile, capable and flexible forces in the region. Duncan, operating under the command of Standing NATO Maritime Group 2 (SNMG2), conducted a replenishment-at-sea with Henry J. Kaiser-class replenishment oiler USNS Laramie (T-AO 203) and an air defense exercise with the strike group ships. The world's largest aircraft carrier USS Gerald R. Ford (CVN 78) hosted the commanding officer and crew of Duncan while Sailors from Gerald R. Ford visited Duncan. The GRFCSG and Royal Navy routinely operate together. Both ships were part of an integrated sailing event on June 5 with other NATO ships. In August, Gerald R. Ford hosted a planning conference with SNMG2 leadership in preparation to operate together in the Mediterranean for exercise Sage Wolverine. It was the first time a British aircraft landed on the new aircraft carrier. Gerald R. Ford hosted international media in support of Sage Wolverine on Aug. 9. The GRFCSG provides an inherently flexible naval force capable of deploying across combatant commands to meet emerging missions, deter potential adversaries, reassure allies and partners, enhance security, and guarantee the free flow of global commerce. In total, the GRFCSG is deployed with more than 5,000 Sailors ready to respond globally to combatant commander tasking. Headquartered in Naples, Italy, U.S. Naval Forces Europe-Africa/U.S. Sixth Fleet operates U.S. naval forces in the U.S. European Command (USEUCOM) and U.S. Africa Command (AFRICOM) areas of responsibility. U.S. Sixth Fleet headquartered in Naples, Italy, conducts the full spectrum of joint and naval operations, often in concert with allies and interagency partners, in order to advance U.S. national interests and security and stability throughout Europe and Africa.

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nan

ETF Daily News

MarketBeat News

Short Interest in Nexi S.p.A. (OTCMKTS:NEXXY) Decreases By 55.6%

Nexi S.p.A. (OTCMKTS:NEXXY – Get Free Report) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 800 shares, a decline of 55.6% from the October 31st total of 1,800 sh…

https://www.etfdailynews.com/2023/11/29/short-interest-in-nexi-s-p-a-otcmktsnexxy-decreases-by-55-6/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/nexi-spa-logo.png&w=240&h=240&zc=2

2023-11-29 13:20:42

Nexi S.p.A. (OTCMKTS:NEXXY – Get Free Report) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 800 shares… [+1077 chars]

Italy

Nexi S.p.A. (OTCMKTS:NEXXY–Get Free Report) was the recipient of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 800 shares, a decline of 55.6% from the October 31st total of 1,800 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 0.7 days. OTCMKTS:NEXXYopened at $7.74 on Wednesday. The company has a fifty day moving average of $6.48 and a 200 day moving average of $7.30. Nexi has a 52 week low of $5.65 and a 52 week high of $9.31. (Get Free Report) Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverNexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy. The company offers acquiring services; configuration, activation, and maintenance of POS terminals; fraud prevention; and dispute management services, as well as customer support services.

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The Indian Express

Reuters

Charlie Munger, who was Warren Buffett’s right-hand man at Berkshire, dies at 99

The death of Charlie Munger, a Berkshire vice chairman since 1978, marks an end of an era in corporate America and investing.

https://indianexpress.com/article/world/charlie-munger-warren-buffett-right-hand-man-berkshire-dies-9047165/

2023-11-29 10:29:02

Warren Buffett’s trusted confidante Charlie Munger died on Tuesday at age 99, leaving a void at Berkshire Hathaway that investors said would be impossible to fill despite the conglomerate’s well-esta… [+5255 chars]

Jersey

Warren Buffett’s trusted confidante Charlie Munger died on Tuesday at age 99, leaving a void at Berkshire Hathaway that investors said would be impossible to fill despite the conglomerate’s well-established succession plan. Berkshire saidMungerdied peacefully at a hospital in California, where he lived. No cause was given. Munger would have turned 100 on Jan. 1. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett, Berkshire’s 93-year-old chairman and chief executive, said in a statement. The death of Munger, a Berkshire vice chairman since 1978, marks an end of an era in corporate America and investing. Alongside Buffett, Munger was respected and adored by investors around the world, many of whom flocked to Berkshire’s annual shareholder weekends in Omaha, Nebraska, to hear the duo’s folksy wisdom on investing and life. Though Munger was not involved in Berkshire’s day-to-day operations, his death leaves Buffett without his longtime sounding board. Investors also said that while Berkshire has installed managers it could trust to keep the company going, Munger’s loss would be deeply felt, and it prompted an outpouring of sorrow. “It’s a shock,” said Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania, and longtime Berkshire shareholder. “It will leave a big void for investors who have modeled their thoughts, words and activities around Munger and his insights.” Philosophically alike Since becoming a Berkshire vice chairman, Munger worked closely with Buffett on allocating Berkshire’s capital and not mincing words when he thought his business partner was making a mistake. “He was certainly one of the greatest investors, as a team with Buffett,” said Rick Meckler, partner at Cherry Lane Investments in New Jersey. “I’m sure it is an enormous loss for Buffett personally.” Munger was known for steering Buffett away from purchasing what Buffett called “cigar butts” — mediocre companies that had a puff of smoke left and could be bought for very cheap prices — and instead favoring quality. “Charlie felt that buying very good businesses at fair prices that could keep compounding and reinvesting cash flow into continued growth was more consistent with how he and Warren were philosophically and liked to invest,” said Paul Lountzis, president of Lountzis Asset Management in Wyomissing, Pennsylvania. “They liked to own businesses forever.” Money manager Whitney Tilson, who knew Munger personally, said a “generation of investment managers” learned some of their craft from Munger and Buffett. “What really glued us to these men was their advice on living a full life by instructing people how to think clearly, to be honest with oneself, to learn from mistakes and to avoid calamities,” he said. Tilson said he attended dozens of meetings the men ran and that Munger once quipped to a private audience: “All I want to know is where I’m going to die so that I never go there.” Berkshire’s future Berkshire is unlikely to replace Munger and has not publicly discussed any need or desire to do so. Two other vice chairmen, Greg Abel and Ajit Jain, have day-to-day oversight of Berkshire’s non-insurance and insurance businesses, respectively. Munger’s death comes one week after Buffett donated about $866 million of Berkshire stock to four family charities and issued a rare shareholder letter acknowledging that his own time was finite, in the twilight of his own storied investing career. In last week’s letter, Buffett said Berkshire was “built to last” and would remain in good hands without him. He has never publicly signaled a desire to step down, including after a prostatecancerdiagnosis in 2012. “At 93, I feel good but fully realize I am playing in extra innings,” Buffett wrote. Under Berkshire’s succession plan, which Munger inadvertently mentioned at Berkshire’s 2021 annual meeting, Abel would become chief executive once Buffett is no longer in charge. Buffett’s son Howard would become non-executive chairman, and one or two portfolio managers would take over investments. Berkshire’s businesses include the BNSF railroad, car insurer Geico, and an array of energy, industrial and retail operations, as well as familiar consumer names such as Dairy Queen, Duracell, Fruit of the Loom and See’s Candies. It also owns hundreds of billions of dollars of stocks, led byApple. Changes without Charlie Perhaps the most noticeable change to the public from Munger’s death will be Berkshire’s annual weekend, which draws tens of thousands of people to Omaha and is livestreamed worldwide. No longer will Munger be there to share the stage with Buffett and answer dozens of shareholder questions over five hours. Abel and Jain, who have answered some of those questions in recent years, may play more of a role. “The annual meeting will never be the same without Charlie’s terse, open and honest comments,” Lountzis said. “He was so different from Warren, in the sense that Charlie said what he thought and didn’t give a damn what anyone else thought.” Russo added: “Berkshire may be a little less fun without him.”

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nan

GlobeNewswire

Middlefield Canadian Income PCC

Middlefield Canadian Income PCC: Net Asset Value(s)

Middlefield Canadian Income PCC Net Asset Value Middlefield Canadian Income PCC Middlefield Canadian Income - GBP PC (a protected cell company......

https://www.globenewswire.com/news-release/2023/11/29/2787651/0/en/Middlefield-Canadian-Income-PCC-Net-Asset-Value-s.html

nan

2023-11-29 12:31:00

Middlefield Canadian Income PCC Net Asset Value Middlefield Canadian Income PCC Middlefield Canadian Income - GBP PC (a protected cell company incorporated in Jersey with registration number 93546)… [+350 chars]

Jersey

Middlefield Canadian Income PCC Net Asset Value Middlefield Canadian Income PCC Middlefield Canadian Income - GBP PC(a protected cell company incorporated in Jersey with registration number 93546)Legal Entity Identifier: 2138007ENW3JEJXC8658 Net Asset Value As at the close of business on 28 November 2023 the estimated unaudited Net Asset Value per share was 112.42 pence (including accrued income). Investments in the Company's portfolio have been valued on a closing price basis. Enquiries: JTC Fund Solutions (Jersey) Limited01534 700 000

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nan

GlobeNewswire

Kahn Swick & Foti, LLC

ADAPTHEALTH SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against AdaptHealth Corp. - AHCO

NEW ORLEANS, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until December 26, 2023  to file lead plaintiff applications in a secur…

https://www.globenewswire.com/news-release/2023/11/29/2787453/6713/en/ADAPTHEALTH-SHAREHOLDER-ALERT-BY-FORMER-LOUISIANA-ATTORNEY-GENERAL-KAHN-SWICK-FOTI-LLC-REMINDS-INVESTORS-WITH-LOSSES-IN-EXCESS-OF-100-000-of-Lead-Plaintiff-Deadline-in-Class-Action.html

https://ml.globenewswire.com/Resource/Download/0434ab48-35bf-4861-9c2d-0da59f482cf0

2023-11-29 04:04:00

NEW ORLEANS, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (KSF) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until Dece… [+2492 chars]

Jersey

NEW ORLEANS, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilDecember 26, 2023to file lead plaintiff applications in a securities class action lawsuit against AdaptHealth Corp. (NasdaqCM: AHCO), if they purchased or otherwise acquired the Company’s shares (i) between August 4, 2020 and February 27, 2023, inclusive (the “Class Period”); and/or (ii) pursuant and/or traceable to the Company’s January 2021 secondary public offering (the “SPO”). This action is pending in the United States District Court for the Eastern District of Pennsylvania. What You May Do If you purchased or acquired shares of AdaptHealth as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visithttps://www.ksfcounsel.com/cases/nasdaqcm-ahco/to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court byDecember 26, 2023. About the Lawsuit AdaptHealth and certain of its executives are charged with failing to disclose material information during the Class Period and/or in the Registration Statement and Prospectus issued in conjunction with the Offerings, violating federal securities laws. On February 27, 2023, post-market, the Company disclosed disappointing financial news including a loss of $0.02 per share for 4Q 2022, significantly lower than expectations, and reduced revenue guidance for 2023, due to “tempered expectations on diabetes.” On this news, the price of AdaptHealth’s shares plummeted by $5.99 per share, or 27%, from $21.98 per share to $15.99 per share. The case isAllegheny County Employees’ Retirement System v. AdaptHealth Corp., 23-cv-4104. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey. To learn more about KSF, you may visitwww.ksfcounsel.com. Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing [email protected] Poydras St., Suite 960New Orleans, LA 70163

774857

nan

GlobeNewswire

Kahn Swick & Foti, LLC

BARCLAYS PLC SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Barclays PLC - BCS

NEW ORLEANS, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 2, 2024 to file lead plaintiff applications in a securit…

https://www.globenewswire.com/news-release/2023/11/29/2787452/6713/en/BARCLAYS-PLC-SHAREHOLDER-ALERT-BY-FORMER-LOUISIANA-ATTORNEY-GENERAL-KAHN-SWICK-FOTI-LLC-REMINDS-INVESTORS-WITH-LOSSES-IN-EXCESS-OF-100-000-of-Lead-Plaintiff-Deadline-in-Class-Actio.html

https://ml.globenewswire.com/Resource/Download/0434ab48-35bf-4861-9c2d-0da59f482cf0

2023-11-29 04:03:00

NEW ORLEANS, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (KSF) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until Janu… [+2844 chars]

Jersey

NEW ORLEANS, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have untilJanuary 2, 2024to file lead plaintiff applications in a securities class action lawsuit against Barclays PLC (NYSE: BCS), if they purchased the Company’s securities between July 22, 2019 and October 12, 2023, inclusive (the “Class Period”). This action is pending in the United States District Court for the Central District of California. What You May Do If you purchased shares of Barclays and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visithttps://www.ksfcounsel.com/cases/nyse-bcs/to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court byJanuary 2, 2024. About the Lawsuit Barclays and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) contrary to false public assertions, the Company’s former CEO, James Staley, had a close relationship with Jeffrey Epstein, was reportedly aware of Epstein’s criminal activities and may have even sexually assaulted a victim who had previously been trafficked by Epstein; (ii) if discovered, the relationship and potential criminal activity could bring reputational, legal, and financial harm to Company; (iii) the Company’s response to an inquiry by the British Financial Conduct Authority regarding Staley's relationship with Epstein was materially false; (iv) when the Company became aware of information contradicting its response to the inquiry, it failed to update the response so that it would be accurate, or otherwise take any meaningful action; and (v) as a result, the Company’s statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. The case isMerritt v. Barclays Plc, et al.,23-cv-9217. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey. To learn more about KSF, you may visithttp://ksfcounsel.com/. Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing [email protected] Poydras St., Suite 960New Orleans, LA 70163

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nan

GlobeNewswire

Virtual Investor Conferences

Greenland Technologies to Present at Water Tower Research’s Hybrid US Climate Investor Conference on December 7

Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com Company invites individual and institutional investors, as well as advisors and analysts, to attend in pe…

https://www.globenewswire.com/news-release/2023/11/29/2787770/0/en/Greenland-Technologies-to-Present-at-Water-Tower-Research-s-Hybrid-US-Climate-Investor-Conference-on-December-7.html

https://ml.globenewswire.com/Resource/Download/861fb541-7064-4cf4-a563-37472ff71760

2023-11-29 13:35:00

EAST WINDSOR, N.J., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Greenland Technologies (NASDAQ: GTEC), based in New Jersey, today announced that Raymond Wang, CEO, will present live at the Hybrid US Climate In… [+3492 chars]

Jersey

EAST WINDSOR, N.J., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Greenland Technologies (NASDAQ: GTEC), based in New Jersey, today announced that Raymond Wang, CEO, will present live at the Hybrid US Climate Investor Conference, presented by Water Tower Research at OTC Markets Group offices, on Thursday, December 7, 2023. The presentations will also be streamed live at VirtualInvestorConferences.com. DATE: December 7, 2023TIME:1:25pm ESTLINK:https://bit.ly/46Sd9Rp This will be a live, interactive online event where investors are invited to ask the company questions in real time. If you would like to attend in-person, please [email protected] a free attendee pass. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event atwww.virtualinvestorconferences.com. Recent Company Highlights About Greenland TechnologiesGreenland Technologies Holding Corporation (NASDAQ: GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Information on the Company's clean industrial heavy equipment division can be found atHEVI Corp. About Water Tower Research, LLCWater Tower Research is modernizing Investor Relations through research-driven communications and Investor Engagement. Sound investment research begins with good information. At WTR, we help companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor relations platform. Our analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. Our research and investor content is distributed across traditional research aggregators like Bloomberg, FactSet, etc., proprietary direct distribution lists, social media, search engines, and our website. As a result, every institutional and retail investor has equal access to our high-quality company research. Our mission is to help companies take control of their IR program and proactively reach investors while bringing investors a consistent flow of quality information to help them understand our clients’ businesses, industries, and the investment opportunities they present. About Virtual Investor Conferences®Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. CONTACTS:Greenland TechnologiesJosh CentanniInvestor Relations Director(888) [email protected] Virtual Investor ConferencesJohn M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group(212) [email protected] Water Tower ResearchTim ReganHead of Business Development(978) [email protected]

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nan

Deadline

Erik Pedersen

Jonathan Majors Domestic Violence Trial Begins Today; Claims Of Other Incidents Could Be Unsealed

After repeated delays and clashes between lawyers over conduct of the case, Jonathan Majors goes on trial this morning in New York City on misdemeanor charges of assault and harassment. If found guilty, the Creed III and Loki star faces up to a year in prison…

https://deadline.com/2023/11/jonathan-majors-trial-domestic-violence-1235642075/

2023-11-29 14:00:00

After repeated delays and clashes between lawyers over conduct of the case, Jonathan Majors goes on trial this morning in New York City on misdemeanor charges of assault and harassment. If found gui… [+3583 chars]

Jordan

2nd UPDATE 1:40 PM:After a day spent with lawyers fighting over what can and cannot be made public inJonathan Majors’ domestic violence trial, theLokistar got his first look Wednesday afternoon at potential New York jurors who will decide his guilt or innocence. However, Majors, his defense team and prosecutors won’t know until at least Thursday which of the 40 candidates will make up the panel. Once chosen, the jury of six and at least one alternate will weigh the evidence in the actor’s misdemeanor criminal trial for assault and harassment in New York City against a then girlfriend in late March. Long insisting on his innocence, Majors faces up to a year behind bars if convicted. At the end of the first day of the much-delayed trial in New York Wednesday, Majors exited the court via a side door. He made no comments to media or others on his way out. After a closed hearing today that lasted nearly an hour to discuss potentially “prejudicial and inflammatory” evidence that remains under seal, Judge Michael Gaffey allowed spectators back into his Manhattan courtroom towards the end of the day. The judge told the assembled that he will rule on Thursday morning on the defense team’s motion to keep the evidence out of the trial record entirely. Judge Gaffey then welcomed in the 40 jury pool members, swore them in, told them the high-profile defendant’s name, and instructed them to not discuss the case, research the case online, or watch any media coverage. “You can’t Google, FaceTime, Twitter — which I guess is now called X,” he quipped. “You can’t do any Internet searches, social media searches, absolutely anything you can think of that I haven’t mentioned … you cannot do.” The judge then sent the prospective jurors home to return at 10 a.m. on Thursday to be screened for the jury pool. Everyone in the courtroom rose, and Majors stood with hands clasped watching the jurors exit. With that, Judge Gaffney clarified a ruling that during voir dire — the questioning of potential jurors by lawyers for both sides — neither the prosecution nor the defense can refer to Majors’ accuser, Grace Jabbari, or to Majors himself, as a “victim.” “Nobody’s the victim on voir dire,” the judge proclaimed. Jabbari is expected to testify at the trial. It is unclear if Majors will. UPDATE, 10:44 AM:The judge in the Jonathan Majors domestic violence trial in New York plans to clear the public courtroom of spectators this afternoon. With theLokiactor himself in attendance, Judge Michael Gaffey will allow Majors’ lawyers to argue behind closed doors for keeping a piece of evidence that is currently under seal out of the case permanently. From the bench today in Manhattan on what is the first day of Majors’ trial on misdemeanor assault and harassment charges stemming from anNYPDinvestigated incident in March against a then girlfriend, Judge Gaffey said that the information in question is “likely to be prejudicial and inflammatory.” Before prosecutors, defense lawyers and Majors himself, the Empire State judge added that public disclosure of the information in question at this point would harm the actor’s ability to field an impartial jury and receive a fair trial. Majors faces up to a year behind bars if convicted of the four felony charges against him – all of which the actor had pleaded not guilty to. Judge Gaffey, who tossed reporters out of a pre-trial hearing in September in the case, concluded that barring the public from yet another motion hearing is “the only way” to safeguard Majors’ rights. He agreed with a Majors lawyer, Seth Zuckerman, who earlier told the judge, “We believe that the disclosure on this one limited issue would taint the jury pool beyond repair.” Earlier today, Majors walked in to court with girlfriend andHarlemstar Meagan Good at his side. He had sunglasses on and wore a long black winter coat over a double-breasted gray suit. TheMagazine Dreamsactor tucked the glasses into a mug that had he has carried with him at past hearings. Major also held a Bible with gold leaf pages and a small notebook — both of which he’s also brought to court before. Before the proceedings, he sat with Good in the gallery, and then winked at her as he took his seat in the well next to the defense lawyers. As in past court appearances since his spring arrest, Majors spoke little today. The actor answered a handful of questions from Judge Gaffey with a simple, Yes, your honor,” and when asked if he had any questions of his own, said, “No, sir.” In a case marked by delays — and a rare instance of a misdemeanor charge actually going to trial — jury selection is still pending and might happen later in the afternoon, but only after Gaffey hears from prosecutors and the defense about the disputed evidence. Sources have told Deadline that the sealed documents at issue contain information onpotential past incidentsinvolving the actor. But the specifics were scarce on Wednesday. “We are flying blind,” Katherine Bolger, a lawyer for media organizations who want the records unsealed, told Judge Gaffey. Bolger argued that the information — whatever it is — should be made public. “There is already pre-trial publicity,” Bolger said, noting that several news outlets have published past claims of misbehavior by Majors. But the judge said that the press would likely report this evidence, once it had it, regardless of whether jurors are ever allowed to see it, and that the resulting publicity would “threaten” the jury selection process. The judge spent the rest of the morning and early afternoon hearing other motions. He ruled that prosecutors may not refer to Majors’ accuser, Grace Jabbari, as a “victim” when they are interviewing potential jurors. Judge Gaffey also deferred a ruling on whether jurors will get to hear about Jabbari’s arrest in October, based on a cross-complaint filed by Majors that she attacked him. Last month, the Manhattan District Attorney’s office made it very clear they would decline to charge Jabbari. On Wednesday, in court, prosecutor Kelli Galaway said that “this was not a quid pro quo” in exchange for Jabbari’s expected testimony against Majors. Galaway noted that Jabbari had already been cooperating with prosecutors and was not notified of the DA’s decision to forgo charges against her until after she turned herself in to the NYPD in October. A lawyer for Majors, Priya Chaudhry, argued that Jabbari’s arrest, which followed the cross complaint this summer from Majors and a police investigation into the British national’s alleged actions on the night of March 25, is fair game for a jury even if the DA’s office seemed disinclined to pursue Majors’ accuser. “Despite the DA’s …witness list, this case is really about the credibility of one person,” Chaudhry said, meaning Jabbari. At one point during the back-and-forth over Jabbari’s arrest, Judge Gaffney stated, “Can we all agree that this whole situation is very unusual?” PREVIOUSLY, 6 AM:After repeated delays and clashes between lawyers over conduct of the case, Jonathan Majors goes on trial this morning in New York City on misdemeanor charges of assault and harassment. If found guilty, theCreed IIIandLokistar faces up to a year in prison — and untold consequences for what remains of his career. Majors likely will be in the Manhattan courtroom as jury selection begins today. A New York judge is expected to hear a motion from a handful of news organizations to unseal documents in the case that sources tell Deadline contain information onpotential past incidentsinvolving the actor. Prosecutors will argue that Majors grew violent with his then-girlfriend, Grace Jabbari, during a car-service ride from their apartment in Chelsea that came to an abrupt stop in Chinatown on the night of March 25. NYPD officers who responded after Majors himself called 911 found Jabbari with bruising, swelling, lacerations and a broken finger andarrested the actor, authorities said. He was released after a hearing and ordered to avoid contact with Jabbari. He has pleaded not guilty to all charges. Majors later filed a cross-complaint with police saying that an out-of-control Jabbari initiated the violence and bloodied him as he tried to restrain her. He said she believed another woman was texting him while they were in the car. Citing text messages between the couple and security-camera footage related to the incident, Majors’ lawyer, Priya Chaudhry, has described him as the victim of escalating domestic violence by a controlling and abusive partner. Chaudhry hascalled her client the target of a “witch hunt”fueled by ingrained racial bias among police against Black defendants facing white accusers and a Manhattan District Attorney’s Office determined to press ahead even as the accuser’s story unravels. Prosecutorsdeclined to charge Jabbariafter she turned herself in to police in October to answer Majors’ complaint. Despite trial delays thatstretched through summer and into fall, the DA’s office has said they “look forward to presenting the full facts and evidence at trial.” Jabbari, who worked with Majors as a movement coach during filming, is expected to travel from her home in London to testify for the prosecution about what happened between them that night eight months ago. What’s undisputed is the professional toll the arrest took on Majors. While he does appear in the second season ofDisney+’sLoki, he wasdropped by management company Entertainment 360and publicist The Lede Company in April. Previously announced roles for the Emmy-nominated star of Max’sLovecraft Countrydried upand ad campaignsfor the U.S. Armyand the eventual World Series champion Texas Rangers were pulled. In October, Disney removedMagazine Dreams, with Majors in a starring performance that already was generating Oscar buzz,from its release schedule. RELATED:‘Magazine Dreams’ Jonathan Majors On Transforming To Play A Troubled Bodybuilder, Joining Marvel Universe & Getting Punched Really Hard By Michael B. Jordan In ‘Creed III’ – Sundance Majors’ legal team sought to have the case dismissed and claimed in court filings that prosecutors weren’t turning over required case evidence. The DA responded in October, disputing claims of prosecutorial misconduct and adding information — but no details — about an incident in London in September 2022, where Majors was filmingLoki, which led to a police report. It is unclear whether the DA will be able to introduce that or other past allegations under a New York legal standard that, in rare instances, allows evidence from prior, unprosecuted cases into a new criminal trial. A DA spokesperson had no comment, and a request for comment by Majors’ lawyers went unanswered.

774899

nan

Forbes

Robert Farrington, Senior Contributor, Robert Farrington, Senior Contributor https://www.forbes.com/sites/robertfarrington/

Should High-Income Families Fill Out The FAFSA?

Skipping the FAFSA may not make much difference for those with high incomes, but most families should still consider filling out the FAFSA.

https://www.forbes.com/sites/robertfarrington/2023/11/29/should-high-income-families-fill-out-the-fafsa/

2023-11-29 13:15:00

Free Application for Federal Student Aid (FAFSA). getty The 2024-2025 FAFSA is full of changes - from the opening date in December, to the replacement of the Expected Family Contribution (EFC) with… [+6066 chars]

Jordan

Free Application for Federal Student Aid (FAFSA). The 2024-2025 Free Application for Federal Student Aid is full of changes — from the opening date in December, to the replacement of the Expected Family Contribution with the Student Aid Index. The result of these changes is they potentially allow more student aid to become available to low-income borrowers via additional Pell Grants. Larger families may also receive less financial aid overall due to the closure of a loophole that lets those with multiple dependents divide their income for college aid purposes. The SAI will also consider the value of businesses as an asset for the purpose of determining federal financial aid, which has not been the case until now. Many of these changes have left small-business owners and mid-to-high income families wondering if they will qualify for any financial aid, and if they should bother filling out the FAFSA at all. If you're unlikely to receive financial help for school, is there really a point to filling it out? While it seems like skipping the FAFSA may not make any material difference for those with high incomes or huge amounts in assets, experts say that more often than not, filling it out makes sense. Most Families Should Still Fill Out The FAFSA According to financial advisor Jordan Gilberti at Facet, most families should still fill out the FAFSA even if they have a high income since some schools require this form in order to receive merit-based aid. If you have a student with excellent grades, a very high GPA or impressive scores on standardized tests like the SAT, skipping the FAFSA could mean your family is missing out on some merit aid that might otherwise be possible through your child's school. Not only that, but there are other types of aid and loans that you would not have access to without filling out the FAFSA. In fact, financial advisor Kathryn Kubiak-Rizzone of About Time Financial Planning points out that filling out the FAFSA is the only way to unlock the option to borrow for school with the help of federal student loans. "Even if you don't plan to take out any loans, it can be helpful to keep your options open," she said. She also points out that a family’s financial situation could change from one part of the year to the next. If an unforeseen event happens and a parent loses a job or passes away, having a FAFSA on file can make it easier for students who need to apply for federal student loans or other financial aid to get through school. Also remember that your income may not be as high as you think it is, or at least not high enough to prevent your dependent from receiving federal financial aid for school. In fact, financial advisor Daniel Cieniewicz of Hyperion Financial says that a family making $130,000 annually with four or more dependents could qualify for some type of need-based aid through the government and through colleges directly. Meanwhile, families earning $140,000 per year with one dependent may miss out on federal student aid but still qualify for aid directly through the school at elite colleges and universities. When You Shouldn't Fill Out The FAFSA While most families should fill out the FAFSA even if they think they won't get (and don't need) any help paying for school, there are definitely some exceptions. For example, Cieniewicz points out that families earning northward of $300,000 per year are unlikely to get any need-based aid for college and could potentially skip the FAFSA if they think the likelihood of getting merit aid is low. Meanwhile, families with millions of dollars in a brokerage account or a business worth seven figures could also decide that filling out the FAFSA is a lost cause, and it would be hard to blame them. That said, Dr. Robert Kohen of Kohen Educational Services says that he wouldn't recommend families skip the FAFSA based on reaching an arbitrary income or asset limit since so many different factors can come into play. Instead, Kohen recommends families use financial aid calculators from the federal government first (like this one) to see how aid might work when their entire financial picture is taken into account. "Things like unusually high medical expenses, multiple children in college at the same time and number of children in the household can all impact how much or little a college expects a family to contribute," he said. Other Considerations For High Earners Filling out the FAFSA can position families to borrow for school with federal student loans if they need to, and there's nothing to lose if they don't wind up qualifying for any help. In the meantime, people with high incomes should probably get their affairs in order when it comes to covering the costs of higher education that are likely coming their way if they have a child heading off to college in the coming years. One important tool to look into in this realm is the 529 plan since it lets families save for college on a tax-advantaged basis. Some states even offer upfront tax advantages for contributing to this type of account, and you can typically invest the underlying funds in order to secure long-term growth. Cieniewicz also says that high-income parents should encourage their children to apply for private scholarships just like everyone else. After all, private scholarships are typically awarded with no bearing on a family's finances. "Rather, they are dependent on things such as essays, video, or application criteria," he said. As a last resort, families with high incomes and no outside help to pay for college can try the old-fashioned way to pay less and negotiate with their school. At the very least, they could give it a try. Gilberti says that there are definitely opportunities to pay lump sums for college, which can help families lock in their price. These opportunities can include both prepaid tuition plans and situations where you call your school and ask for a cash discount if you pay for a year of tuition and fees upfront. "If you pay up front, you may be able to reduce your costs significantly simply due to the inflationary aspect of college tuition,” he adds.

774924

nan

Globalsecurity.org

John Pike

The Minister of Foreign Affairs Krišjānis Kariņš discusses ending violence in the Middle East with Mediterranean partners

On 27 November 2023, the Minister of Foreign Affairs, Krišjānis Kariņš, participated in the 8th Regional Forum of the Union for Mediterranean (UfM), which brought together European Union (EU) and South Mediterranean Ministers of Foreign Affairs to discuss the…

https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-latvia-mfa03.htm

nan

2023-11-29 07:27:47

Republic of Latvia - Ministry of Foreign Affairs 28.11.2023 On 27 November 2023, the Minister of Foreign Affairs, Krijnis Kari, participated in the 8th Regional Forum of the Union for Mediterranean… [+1945 chars]

Jordan

Republic of Latvia - Ministry of Foreign Affairs 28.11.2023 On 27 November 2023, the Minister of Foreign Affairs, Krišjānis Kariņš, participated in the 8th Regional Forum of the Union for Mediterranean (UfM), which brought together European Union (EU) and South Mediterranean Ministers of Foreign Affairs to discuss the crisis in the Middle East and possible solutions. The event was chaired by the High Representative of the European Union for Foreign Affairs and Security Policy, Joseph Borrell, and the Minister of Foreign Affairs of Jordan, Ayman Safadi. Prince Faisal bin Farhan Al Saud, the Minister of Foreign Affairs of Saudi Arabia, also attended the event as a guest, representing the Arab League and the Organisation of Islamic Cooperation. Addressing the partners, the Minister of Foreign Affairs, Krišjānis Kariņš, stressed the need for more effective cooperation to break the cycle of endless violence, including by mobilising all possible support for a sustainable solution to the situation in the Middle East. In a bilateral meeting with the Minister of Foreign Affairs of Saudi Arabia, Krišjānis Kariņš discussed ways to strengthen cooperation between the EU and the Arab League to find a lasting solution to the situation in the Middle East. Saudi Arabia is a key player in the Middle East region and is also playing a particularly active role in efforts to resolve the current escalation. Krišjānis Kariņš thanked Saudi Arabia for its role in the Ukraine peace initiative. The current security and humanitarian situation in the Gaza Strip and the West Bank was discussed with Dr Riyad al-Maliki, the Minister of Foreign Affairs and Expatriates of the Palestinian Authority. The officials exchanged views on the support needed to overcome the crisis. Krišjānis Kariņš also met with Dr Sven Koopmans, the EU Special Representative for the Middle East Peace Process, to discuss ways to strengthen the EU's engagement and role in resolving the crisis, including by considering long-term solutions based on the two-state solution.

774949

nan

ETF Daily News

MarketBeat News

Airbnb (NASDAQ:ABNB) Cut to Hold at Jefferies Financial Group

Airbnb (NASDAQ:ABNB – Get Free Report) was downgraded by Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Wednesday, Marketbeat reports. They presently have a $140.00 price target on the stock, down from their prior pri…

https://www.etfdailynews.com/2023/11/29/airbnb-nasdaqabnb-cut-to-hold-at-jefferies-financial-group/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/airbnb-inc-logo.PNG?v=20201222133942&w=240&h=240&zc=2

2023-11-29 12:40:41

Airbnb (NASDAQ:ABNB – Get Free Report) was downgraded by Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Wednesday, Marketbeat reports. They presently have a … [+5855 chars]

Jordan

Airbnb (NASDAQ:ABNB–Get Free Report)was downgraded by Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Wednesday,Marketbeatreports. They presently have a $140.00 price target on the stock, down from their prior price target of $155.00. Jefferies Financial Group’s target price points to a potential upside of 9.75% from the stock’s current price. Several other research analysts have also recently issued reports on the stock. Wells Fargo & Company decreased their target price on shares of Airbnb from $114.00 to $111.00 in a report on Thursday, October 5th. JPMorgan Chase & Co. dropped their price target on shares of Airbnb from $130.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, November 2nd. The Goldman Sachs Group boosted their target price on shares of Airbnb from $97.00 to $117.00 and gave the stock a “sell” rating in a report on Friday, August 4th. Wedbush decreased their price target on shares of Airbnb from $145.00 to $135.00 and set a “neutral” rating on the stock in a research note on Thursday, November 2nd. Finally, Mizuho decreased their price target on shares of Airbnb from $150.00 to $130.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 31st. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Airbnb presently has an average rating of “Hold” and a consensus target price of $140.84. Check Out Our Latest Report on ABNB Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverAirbnb stockopened at $127.56 on Wednesday. Airbnb has a twelve month low of $81.91 and a twelve month high of $154.95. The firm has a 50 day moving average price of $125.40 and a 200-day moving average price of $128.61. The company has a market capitalization of $82.72 billion, a P/E ratio of 15.42, a P/E/G ratio of 1.60 and a beta of 1.26. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.22. Airbnb (NASDAQ:ABNB–Get Free Report) last posted its earnings results on Wednesday, November 1st. The company reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.31. The business had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.36 billion. Airbnb had a net margin of 56.87% and a return on equity of 42.50%. As a group, equities analysts predict that Airbnb will post 4.15 EPS for the current year. In other news, Director Jeffrey D. Jordan sold 8,000 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $118.25, for a total value of $946,000.00. Following the completion of the sale, the director now owns 195,646 shares of the company’s stock, valued at approximately $23,135,139.50. The transaction was disclosed in a legal filing with the SEC, which is available atthis link. In related news, CEOBrian Cheskysold 30,000 shares of Airbnb stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $118.59, for a total transaction of $3,557,700.00. Following the sale, the chief executive officer now directly owns 16,638,931 shares of the company’s stock, valued at approximately $1,973,210,827.29. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available atthe SEC website. Also, DirectorJeffrey D. Jordansold 8,000 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $118.25, for a total value of $946,000.00. Following the sale, the director now owns 195,646 shares in the company, valued at approximately $23,135,139.50. The disclosure for this sale can be foundhere. Over the last 90 days, insiders sold 511,636 shares of company stock worth $70,420,734. 30.84% of the stock is owned by insiders. A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Clearbridge Investments LLC raised its position in Airbnb by 20.7% in the 2nd quarter. Clearbridge Investments LLC now owns 2,117,669 shares of the company’s stock valued at $271,400,000 after buying an additional 363,134 shares during the last quarter. Illinois Municipal Retirement Fund increased its stake in shares of Airbnb by 23.3% during the 1st quarter. Illinois Municipal Retirement Fund now owns 46,108 shares of the company’s stock worth $5,736,000 after purchasing an additional 8,706 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Airbnb by 99.2% in the 1st quarter. NewEdge Advisors LLC now owns 19,633 shares of the company’s stock worth $2,400,000 after purchasing an additional 9,778 shares during the period. Red Spruce Capital LLC increased its position in Airbnb by 1.3% in the second quarter. Red Spruce Capital LLC now owns 12,996 shares of the company’s stock worth $1,666,000 after buying an additional 169 shares during the last quarter. Finally, Perpetual Ltd purchased a new position in shares of Airbnb during the 1st quarter valued at $373,000. Institutional investors and hedge funds own 44.19% of the company’s stock. (Get Free Report) Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, or vacation homes.

774950

nan

ETF Daily News

MarketBeat News

Pinterest, Inc. (NYSE:PINS) Shares Bought by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System lifted its holdings in shares of Pinterest, Inc. (NYSE:PINS – Free Report) by 0.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 693,972 shares of the…

https://www.etfdailynews.com/2023/11/29/pinterest-inc-nysepins-shares-bought-by-state-board-of-administration-of-florida-retirement-system/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/pinterest-inc-logo.png?v=20201105104521&w=240&h=240&zc=2

2023-11-29 13:10:46

State Board of Administration of Florida Retirement System lifted its holdings in shares of Pinterest, Inc. (NYSE:PINS – Free Report) by 0.9% during the second quarter, according to its most recent d… [+5933 chars]

Jordan

State Board of Administration of Florida Retirement System lifted its holdings in shares of Pinterest, Inc. (NYSE:PINS–Free Report) by 0.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 693,972 shares of the company’s stock after acquiring an additional 5,901 shares during the period. State Board of Administration of Florida Retirement System owned approximately 0.10% of Pinterest worth $18,973,000 at the end of the most recent quarter. Several other hedge funds have also recently modified their holdings of PINS. Price T Rowe Associates Inc. MD grew its stake in Pinterest by 372.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,073,874 shares of the company’s stock valued at $487,394,000 after purchasing an additional 15,825,757 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Pinterest by 262.8% during the first quarter. Renaissance Technologies LLC now owns 11,515,600 shares of the company’s stock worth $283,399,000 after purchasing an additional 8,341,222 shares during the period. Capital World Investors purchased a new stake in Pinterest in the second quarter valued at approximately $187,614,000. Norges Bank acquired a new position in Pinterest in the 4th quarter worth approximately $149,748,000. Finally, Clearbridge Investments LLC purchased a new position in Pinterest during the 2nd quarter worth approximately $147,982,000. Institutional investors and hedge funds own 72.63% of the company’s stock. In other Pinterest news, Director Jeffrey D. Jordan sold 7,500 shares of Pinterest stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $27.82, for a total transaction of $208,650.00. Following the transaction, the director now directly owns 154,215 shares of the company’s stock, valued at $4,290,261.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available throughthe SEC website. In other Pinterest news, DirectorGokul Rajaramsold 1,934 shares of Pinterest stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $27.90, for a total value of $53,958.60. Following the sale, the director now owns 52,920 shares in the company, valued at $1,476,468. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available throughthe SEC website. Also, DirectorJeffrey D. Jordansold 7,500 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $27.82, for a total value of $208,650.00. Following the transaction, the director now owns 154,215 shares of the company’s stock, valued at $4,290,261.30. The disclosure for this sale can be foundhere. In the last quarter, insiders have sold 163,500 shares of company stock valued at $4,440,941. 6.85% of the stock is currently owned by insiders. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverShares ofPinterest stockopened at $32.26 on Wednesday. The stock’s 50 day simple moving average is $28.64 and its 200-day simple moving average is $27.12. The stock has a market cap of $21.75 billion, a P/E ratio of -100.81, a P/E/G ratio of 8.26 and a beta of 0.99. Pinterest, Inc. has a 1-year low of $20.60 and a 1-year high of $32.75. Pinterest (NYSE:PINS–Get Free Report) last released its quarterly earnings data on Monday, October 30th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.06. Pinterest had a negative return on equity of 1.98% and a negative net margin of 7.43%. The company had revenue of $763.20 million for the quarter, compared to analyst estimates of $743.34 million. As a group, research analysts expect that Pinterest, Inc. will post 0.11 EPS for the current fiscal year. A number of research firms have recently weighed in on PINS. Wedbush increased their price objective on shares of Pinterest from $30.00 to $32.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 31st. Piper Sandler lifted their price objective on Pinterest from $35.00 to $37.00 and gave the company an “overweight” rating in a research note on Tuesday, October 31st. Stifel Nicolaus raised Pinterest from a “hold” rating to a “buy” rating and boosted their price objective for the company from $27.00 to $32.00 in a report on Monday, October 23rd. Credit Suisse Group boosted their price target on Pinterest from $31.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday, August 2nd. Finally, Jefferies Financial Group started coverage on shares of Pinterest in a research note on Wednesday, October 18th. They set a “hold” rating and a $30.00 price objective on the stock. Eleven research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.82. Get Our Latest Report on PINS (Free Report) Pinterest, Inc operates as a visual discovery engine in the United States and internationally. The company's engine allows people to find ideas, such as recipes, home and style inspiration, and others; provides video, product, and idea pins; and offers organizing and planning tools. It shows organic recommendations and advertising engine based on pinners tastes and preferences; and enables pinners with shoppable product pins, which include price, color, and size that redirect to retailer websites. Want to see what other hedge funds are holding PINS?Visit HoldingsChannel.comto get the latest 13F filings and insider trades for Pinterest, Inc. (NYSE:PINS–Free Report).

775046

nan

Forbes

Paul Tassi, Senior Contributor, Paul Tassi, Senior Contributor https://www.forbes.com/sites/paultassi/

‘The Boys: Mexico’ Is A Real Thing That Amazon Is Making

Once you get past the name, The Boys: Mexico sounds like it could be good once you see who's involved.

https://www.forbes.com/sites/paultassi/2023/11/29/the-boys-mexico-is-a-real-thing-that-amazon-is-making/

2023-11-29 13:36:05

The Boys Amazon If you gave me a hundred chances to guess what the next spin-off of The Boys would be called, I cant say I would have ever made my way to where we are now, The Boys: Mexico. Deadli… [+2272 chars]

Japan

The Boys If you gave me a hundred chances to guess what the next spin-off of The Boys would be called, I can’t say I would have ever made my way to where we are now, The Boys: Mexico. Deadline reported that the spin-off is in the works with Diego Luna and Gael Garcia Bernal executive producing and potentially starring. This comes after the success of Gen V, the college-based spin-off that was renewed for a second season, and ahead of The Boys season 4. But there’s no timeline for The Boys: Mexico yet. Nor is their any sort of plot synopsis other than this is the universe of The Boys, but in Mexico. While I do understand the desire to expand The Boys to other places around the world, just flat-out calling it The Boys: Mexico is pretty bizarre. I suppose that leaves the door open to The Boys: Britain, The Boys: Japan, The Boys: Iceland, whatever. All just as weird. It is true that The Boys is very, very US-centric. The entire show is based around superheroes being assigned cities to protect in the US, while The Seven are the grand Justice League that are indeed based in America, and run by US company Vought. A current storyline is about a Super ascending the ranks to the presidency. And Homelander has become close to a 1:1 Donald Trump allegory down to the red hats, and he has an actual American flag for a cape. So yeah, you could say The Boys is mainly about the US. Andor Once you get past the title, I can see the appeal. Diego Luna is fantastic, as we’ve just seen him be excellent in Andor, and this is no doubt what he plans to move to after season 2 is over, delayed by the strikes. The same goes for Gael Garcia Bernal, with a long list of work, but most recently Werewolf by Night and Station Eleven, two great projects. Both actors are from Mexico. There is some concern, however, that The Boys is becoming the thing it’s parodying, sprawling superhero universes idolizing their heroes, by continually expanding its “Voughtverse” like this, or whatever they first started calling it as a joke, but it’s now very real. But Amazon has to take its hits where it can find them, and with The Boys an unequivocal success, and Gen V proving people will watch spin-offs, sure I mean, I’d watch a Boys series in Mexico starring those two guys. And that’s what they’re hoping for. Just, maybe a new name? Follow me on Twitter, Threads, YouTube, and Instagram. Pick up my sci-fi novels the Herokiller series and The Earthborn Trilogy.

775065

time

Time

MARI YAMAGUCHI / AP

U.S. Military Osprey Aircraft With 6 Aboard Crashes Off Southern Japan, At Least 1 dead

A crew member who was recovered from the ocean after a U.S. military Osprey aircraft carrying six people crashed Wednesday off southern Japan has been pronounced dead, coast guard officials said.

https://time.com/6340629/us-military-osprey-aircraft-crash-japan-deaths/

2023-11-29 13:54:14

TOKYO A crew member who was recovered from the ocean after a U.S. military Osprey aircraft carrying six people crashed Wednesday off southern Japan has been pronounced dead, coast guard officials sai… [+3179 chars]

Japan

TOKYO — A U.S. Air Force Osprey based in Japan crashed during a training mission Wednesday off of the country's southern coast, killing at least one of the eight crew members, the Japanese coast guard said. The cause of the crash and the status of the seven others on board were not immediately known, Japanese coast guard spokesperson Kazuo Ogawa said. The Osprey is a hybrid aircraft that takes off and lands like a helicopter, but during flight it can rotate its propellers forward and cruise much faster like an airplane. Ospreys have had a number of accidents in the past, including in Japan, where they are deployed at U.S. and Japanese military bases. In Okinawa, where about half of the 50,000 American troops are based, Gov. Denny Tamaki told reporters Wednesday that he would ask the U.S. military to suspend all Osprey flights in Japan. Ogawa said the coast guard received an emergency call Wednesday afternoon from a fishing boat near the crash site off Yakushima, an island south of Kagoshima on the southern main island of Kyushu. Coast guard aircraft and patrol boats found one male crew member, who was later pronounced dead by a doctor at a nearby port, Ogawa said. They also found gray debris believed to be from the aircraft and an empty inflatable life raft in an area about 1 kilometer (0.6 miles) off the eastern coast of Yakushima, he said. The coast guard said it planned to continue searching through the night. Japanese Chief Cabinet Secretary Hirokazu Matsuno said the Osprey disappeared from radar a few minutes before the coast guard received the emergency call. The aircraft requested an emergency landing at the Yakushima airport about five minutes before it was lost from radar, NHK public television and other news outlets reported. NHK quoted a Yakushima resident as saying he saw the aircraft turned upside down, with fire coming from one of its engines, and then an explosion before it fell to the sea. Prime Minister Fumio Kishida said he planned to seek a further explanation from the U.S. military, but he declined to say whether he would seek a temporary suspension of Osprey operations in Japan. U.S. Air Force Special Operations Command said in a statement that the CV-22B Osprey was from Yokota Air Base and assigned to the 353rd Special Operations Wing. Ogawa said the aircraft had departed from the U.S. Marine Corps Air Station Iwakuni in Yamaguchi prefecture and crashed on its way to Kadena Air Base on Okinawa. Japanese Vice Defense Minister Hiroyuki Miyazawa said it had attempted an emergency sea landing and quoted the U.S. military as saying its pilot “did everything possible until the last minute." Yokota Air Base is home to U.S. Forces Japan and the Fifth Air Force. Six CV-22 Ospreys have been deployed at Yokota, including the one that crashed. While the U.S. Marine Corps flies most of the Ospreys based in Japan, the Air Force also has some deployed there. Last year, Air Force Special Operations Command ordered a temporary stand down of its Osprey fleet following back-to-back safety incidents where the Osprey clutch slipped, causing an uneven distribution of power to Osprey's rotors. The Marine Corps and Navy have reported similar clutch slips, and each service has worked to address the issue in their aircraft, however clutch failure was also cited in a 2022 fatal U.S. Marine Corps Osprey crashthat killed five. According to the investigation of that crash, “dual hard clutch engagement” led to engine failure. Separately, a U.S. Marine Corps Osprey with 23 Marines aboardcrashed on a northern Australian islandin August, killing three Marines and critically injuring at least five others who were onboard during a multinational training exercise.

775229

nan

International Business Times

Nica Osorio

Coinbase Alerts Customers About CFTC Subpoena Regarding Bybit Transactions

The platform warned customers that it may respond to the regulator's subpoena unless it is reversed by a court by Thursday.

https://www.ibtimes.com/coinbase-alerts-customers-it-received-cftc-subpoena-regarding-bybit-transactions-3719645

2023-11-29 07:06:12

KEY POINTS <ul><li>Coinbase told its customers it has received a subpoena from the Commodity Futures Trading Commission</li><li>The platform warned it may have to share user account information with… [+2674 chars]

Japan

Coinbase, one of the world's largest centralized crypto exchange platforms by trading volume, informed some of its customers Monday that it has received a subpoena from the Commodity Futures Trading Commission (CFTC) in a matter concerning Bybit and its CEO Ben Zhou. It means Bybit, a crypto exchange founded in 2018, and Zhou could be in the crosshairs of the CFTC. While Coinbase has not made any public announcement regarding the matter, some of its users shared on social media screenshots of an email they received from the company alerting them about the CFTC subpoena, seeking information related to users' Bybit accounts and transaction activities. The platform warned customers it may respond to the regulator's subpoena unless it is reversed by a court by Thursday. "No action is required from you, but Coinbase may respond to the Subpoena unless served before November 30, 2023, with a motion to quash or other objection to the subpoena that has been filed with the Court - including by sending information concerning your Coinbase account to the Commodity Futures Trading Commission," the email read. I've been off Twitter watching some football. One of my friends sent me this email he received from Coinbase. I do not know how many people are subject to this, what the scope is, etc. However, it looks like Coinbase and ByBit do not mix well together!pic.twitter.com/L3qqDBp2TN Bybit, the Dubai-based crypto exchange, says in its terms of service that it does not provide service in the U.S. but customers can still access the platform using a virtual private network (VPN). The CFTC has not yet commented on the matter but speculations are rife that the regulator may be targeting Coinbase users who have also used Bybit. Itsuggeststhat the agency is gearing up for legal action against the Dubai-based crypto exchange. Despite being in the industry since 2018, Bybit introduced the mandatory know-your-customer (KYC) checks only this May. It stopped offering U.S. dollar transfers this year after the spectacular collapse of Silvergate Bank. It has been under regulatory scrutiny in Japan and the U.K. The latest CFTC subpoena seemingly suggests that the Dubai-based exchange may encounter regulatory issues in the U.S. The subpoena comes on the heels of the historic settlementagreementbetween Binance, the world's largest crypto exchange platform by trading volume, and the U.S. Department of Justice and other financial agencies.

775284

the-times-of-india

The Times of India

etimes.in

2023 MAMA Awards day 2: Park Eun-bin, BOYNEXTDOOR, Park Bo-gum, ATEEZ, SEVENTEEN, (G)I-DLE and others dazzle on the pink carpet

News News: As the curtain rose on the second day of the highly anticipated 2023 MAMA Awards, the Tokyo Dome in Japan once again transformed into a dazzling showc.

https://timesofindia.indiatimes.com/web-series/news/korean/2023-mama-awards-day-2-park-eun-bin-boynextdoor-park-bo-gum-ateez-seventeen-gi-dle-and-others-dazzle-on-the-pink-carpet/articleshow/105593882.cms

2023-11-29 10:57:40

From Randeep Hooda to John Abraham, celebs who got married post 40

Japan

As the curtain rose on the second day of the highly anticipated 2023 MAMA Awards, the Tokyo Dome in Japan once again transformed into a dazzling showcase of glitz and glamour. Following the electrifying Chapter 1 that unfolded the previous day, the red carpet on November 29 witnessed a star-studded procession of celebrities, each bringing their own unique style to the forefront.The red carpet was graced by a diverse array of talents, showcasing not only their musical prowess but also their fashion sensibilities. From established veterans to rising stars, the event brought together an eclectic mix of personalities, adding an extra layer of excitement to the prestigious awards ceremony. Among the notable names making their mark on the red carpet were Lee Hye Sung, Hanhae, RalRal, BOYNEXTDOOR, EL7Z UP, NiziU, SEVENTEEN, Noh Yoon Seo, ZEROBASEONE, Monika, Park Gyu Young, ATEEZ, Girls’ Generation’s Sooyoung, Byun Woo Seok, Jung Kyung Ho, Park Eun Bin, Yoo Yeon Seok, LE SSERAFIM, (G)I-DLE, Park Eun Bin, Park Bo Gum, Lee Je Hoon, Ryu Seung Ryong, Uhm Jung Hwa, and many more. The fashion extravaganza on the red carpet unfolded as a visual spectacle, with each celebrity making a statement with their carefully curated ensembles. From chic and sophisticated to bold and avant-garde, the array of styles reflected the diversity and creativity within the entertainment industry. ATEEZ and (G)I-DLE brought their signature flair to the red carpet, radiating confidence and charisma. Girls’ Generation’s Sooyoung and esteemed actor Park Bo Gum exuded elegance in their respective outfits, capturing the attention of onlookers. As the stars mingled and posed for the cameras, the red carpet became a canvas for self-expression and individuality. The anticipation for the awards ceremony reached new heights as fans and industry enthusiasts eagerly awaited the unfolding of Chapter 2 at the 2023 MAMA Awards. With the red carpet setting the stage for a night of celebration and recognition, the Tokyo Dome buzzed with excitement, and the world watched as the stars aligned for another spectacular chapter in the history of the MAMA Awards.

775297

the-times-of-india

The Times of India

Reuters

US military aircraft crashes into ocean near Japan's Yakushima island: Coast guard

Tragedy struck on Wednesday as a U.S. military Osprey aircraft crashed into the ocean near Japan's picturesque Yakushima island. The Japan Coast Guard confirmed the incident, reporting that the aircraft was carrying eight individuals at the time of the crash.

https://economictimes.indiatimes.com/news/defence/us-military-aircraft-crashes-into-ocean-near-japans-yakushima-island-coast-guard/articleshow/105585313.cms

2023-11-29 07:07:45

Virtual Influencers Now Making Real Money? AI, AI, Sir!As social media influencers, Kyra and Naina have hit the big time. Only thing is, theyre not actually real not entirely anyway. Titan, Realme, M… [+199 chars]

Japan

U.S. Military Osprey aircraft crashes in Pacific waters close to Japan's Yakushima island Tokyo : A U.S. military Osprey aircraft crashed into the ocean near Japan 's Yakushima island on Wednesday with eight people on board, Japan's coast guard said. A spokesperson for the coast guard said it had no further details of the incident including the safety of those onboard. The crash happened at around 2:47 p.m. local time, with local residents reporting the aircraft had fire blowing from its left engine as it fell into the sea, Japanese broadcaster MBC reported. A spokesperson for U.S. forces in Japan did not immediately have comment. In Video: U.S. Military Osprey aircraft crashes in Pacific waters close to Japan's Yakushima island Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on japan tokyo US military crashes aircraft ocean US military aircraft U.S. forces Japan coast guard aircraft crash (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories

775311

nan

GlobeNewswire

BioCardia, Inc.

BioCardia Shares Update from Japan PMDA Consultation on CardiAMP Autologous Cell Therapy for Ischemic Heart Failure; Foreign Data Expected to be Sufficient for Product Approval

SUNNYVALE, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- BioCardia, Inc. [Nasdaq: BCDA], a developer of cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases, today provided an update after its recent consultation with …

https://www.globenewswire.com/news-release/2023/11/29/2787607/0/en/BioCardia-Shares-Update-from-Japan-PMDA-Consultation-on-CardiAMP-Autologous-Cell-Therapy-for-Ischemic-Heart-Failure-Foreign-Data-Expected-to-be-Sufficient-for-Product-Approval.html

https://ml.globenewswire.com/Resource/Download/4641bb53-4913-4654-a337-79383a5c7ab9

2023-11-29 12:00:00

SUNNYVALE, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- BioCardia, Inc. [Nasdaq: BCDA], a developer of cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases, … [+5190 chars]

Japan

SUNNYVALE, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) --BioCardia, Inc.[Nasdaq: BCDA], a developer of cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases, today provided an update after its recent consultation with Japan’s Pharmaceutical and Medical Device Agency (PMDA) towards approval of its CardiAMP autologous cell therapy for the treatment of patients with ischemic heart failure of reduced ejection fraction (HFrEF). Japan’s PMDA asked for further details on a number of elements included in BioCardia’s CardiAMP preclinical and clinical packages in order to gain approval. For the points raised with respect to the pre-clinical package, BioCardia management believes that these can be readily addressed. In the request for additional details with regard to the clinical package, PMDA has signaled that they would not require additional studies in Japan and could approve CardiAMP Cell Therapy based on data from overseas. PMDA indicated they would like to see detailed interim and the final results from the CardiAMP Heart Failure Trial, which has completed patient enrollment and is finishing up study patient follow-up visits. There was discussion that approval of any initial indication may be limited to patients with NT-pro BNP levels > 500pg/ml, which is an eligibility criterion for the CardiAMP Heart Failure II study as recently approved by the U.S. FDA. Formal minutes from the PMDA meeting are expected in four weeks and a follow-up consultation is being planned. “We are thankful that PMDA has signaled that data from outside Japan is likely to be sufficient for approval” said Peter Altman, PhD., BioCardia’s President and Chief Executive Officer. “We continue to work with PMDA to demonstrate that the evidence of patient benefit with low risk from this minimally invasive autologous cell therapy for a life-threatening condition should be sufficient for approval. PMDA approval would enable physicians and patients to consider the CardiAMP cell therapy option alongside other cell therapy approaches for the treatment of heart failure already in clinical use in Japan requiring open heart surgical administration of the cells.” About the CardiAMP Cell Therapy Program CardiAMP Cell Therapy – FDA designated as a Breakthrough therapy for HFrEF – uses a patient’s own (autologous) bone marrow cells delivered to the heart in a minimally invasive, catheter-based procedure to potentially stimulate the body’s natural healing response. Clinical trials for this therapy, including the CardiAMP Heart Failure Trial, have demonstrated positive clinical experience with this autologous cell therapy in almost 200 patient procedures. The trial is supported by the Maryland Stem Cell Research Fund and the Centers for Medicare and Medicaid Services. CAUTION - Limited by United States law to investigational use. About BioCardia® BioCardia, Inc., headquartered in Sunnyvale, California, is developing cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary disease. CardiAMP™ autologous and NK1R+ allogeneic cell therapies are the Company’s biotherapeutic platforms that enable four product candidates in development. BioCardia also partners with other biotherapeutic companies to provide its delivery systems and development support to their programs studying therapies for the treatment of heart failure, chronic myocardial ischemia and acute myocardial infarction. For more information visit: www.BioCardia.com. Forward Looking Statements: This press release contains forward-looking statements that are subject to many risks and uncertainties. Forward-looking statements include, among other things, statements relating to our ability to meet the preclinical and clinical requirements for PMDA to approve CardiAMP Cell Therapy, formal minutes from the consultation, the future consultations and follow-up meetings, and whether PMDA will ultimately require data in Japan for approval. These forward-looking statements are made as of the date of this press release. We may use terms such as “believes,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should,” “approximately” or other words that convey the uncertainty of future events or outcomes to identify these forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained herein, we caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from the forward-looking statements contained in this press release. Factors that could cause or contribute to such differences include, but are not limited to, the Company’s liquidity position and its ability to raise additional funds, as well as the Company’s ability to successfully advance its clinical trials. As a result of these factors, we cannot assure you that the forward-looking statements in this press release will prove to be accurate. Additional factors that could materially affect actual results can be found in BioCardia’s Form 10-K filed with the Securities and Exchange Commission on March 29, 2023, under the caption titled “Risk Factors” and in its subsequently filed Quarterly Reports on Form 10-Q. BioCardia expressly disclaims any intent or obligation to update these forward-looking statements, except as required by law.

775342

nan

GlobeNewswire

Global-e Online Ltd

Global-e Announces Appointment of Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, to its Board of Directors

PETAH-TIKVA, Israel, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE), the global leader of Direct-To-Consumer cross border eCommerce enablement, announced today that Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, has joined the bo…

https://www.globenewswire.com/news-release/2023/11/29/2787779/0/en/Global-e-Announces-Appointment-of-Mr-Gen-Tsuchikawa-CEO-of-Sony-Ventures-Corporation-to-its-Board-of-Directors.html

https://ml.globenewswire.com/Resource/Download/92952a2a-00ff-44cf-8c8c-d13300b285f2

2023-11-29 13:50:00

PETAH-TIKVA, Israel, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE), the global leader of Direct-To-Consumer cross border eCommerce enablement, announced today that Mr. Gen Tsu… [+5928 chars]

Japan

PETAH-TIKVA, Israel, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE), the global leader of Direct-To-Consumer cross border eCommerce enablement, announced today that Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, has joined the board of directors as an independent member, effective as of November 29, 2023. Mr. Tsuchikawa will serve as a non-executive director and as a member of the board of directors' Compensation Committee and Nominating, Governance and Sustainability Committee, in replacement for Mr. Thomas Studd, a partner at Vitruvian Partners, who has recently stepped down from the board. “We would like to extend our warm welcome to Mr. Tsuchikawa, who brings with him many decades of extensive corporate development and business leadership experience in a diverse set of industries, from banking and finance, through to technology and growth companies, to consumer electronics,” said Amir Schlachet, Co-Founder, CEO and Chairperson of the board of directors of Global-e. “We are certain that his vast experience and unique perspectives will serve as a great addition to our board as we continue on our high-paced global growth path. Moreover, in alignment with one of our key strategic growth pillars - geographical expansion – the addition of Mr. Tsuchikawa to the board will be a tremendous asset as we continue to expand our fast-growing presence in the Asia-Pacific region in general, and in Japan in particular,” added Mr. Schlachet. “We would also like to take this opportunity to thank Mr. Studd for his valuable contribution as a member of the board of directors since April 2020, when Vitruvian Partners invested in the Company.” About Mr. Gen Tsuchikawa Mr. Tsuchikawa is the CEO and Chief Investment Officer at Sony Ventures Corporation, where he directs the venture investment arm of Sony Group Corporation, known as the Sony Innovation Fund. He established the Sony Innovation Fund on behalf of Sony in 2016 and directs investments in transformational technologies shaping the future of business, entertainment, and society around the world. Mr. Tsuchikawa has spent nearly 20 years at Sony, where he also currently serves as a Corporate Vice President and previously served in several executive roles at Sony, leading Corporate Development, M&A, Business Development, and Investors Relations. Prior to joining Sony, Mr. Tsuchikawa spent 20 years in the finance industry at Merril Lynch and the Industrial Bank of Japan. He holds a B.A. from Hitotsubashi University in Japan and an M.B.A. from Stanford Graduate School of Business. About Global-E Online Ltd. Global-e (Nasdaq: GLBE) is the world's leading platform enabling and accelerating global, Direct-To-Consumer cross-border ecommerce. The chosen partner of over 1,000 brands and retailers across the United States, Europe and Asia, Global-e makes selling internationally as simple as selling domestically. The company enables merchants to increase the conversion of international traffic into sales by offering online shoppers in over 200 destinations worldwide a seamless, localized shopping experience. Global-e's end-to-end ecommerce solutions combine best-in-class localization capabilities, big-data best-practice business intelligence models, streamlined international logistics and vast cross-border experience, enabling international shoppers to buy seamlessly online and retailers to sell to, and from, anywhere in the world. For more information, please visit: www.global-e.com. Cautionary Note Regarding Forward Looking Statements Certain statements in this press release may constitute “forward-looking” statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including statements or information regarding Global-e’s director appointments. These forward-looking statements may be identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Global-e believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to the risks and uncertainties described in Global-e’s Annual Report on Form 20-F for the year ended December 31, 2022, filed with the SEC on March 31, 2023 and other documents filed with or furnished by Global-e from time to time with the Securities and Exchange Commission (the “SEC”). These and other important risks and uncertainties could cause actual events and results to differ materially from those contained in the forward-looking statements. These statements reflect management’s current expectations and speak only as of the date of this press release. Readers are cautioned not to put undue reliance on forward-looking statements Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by applicable law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Investor Contact:Erica Mannion or Mike FunariSapphire Investor Relations, [email protected]+1 617-542-6180 Press Contact:Headline MediaGarrett [email protected]+1 786-233-7684

775349

the-times-of-india

The Times of India

Reuters

Toyota's October global output hits record despite supplier accident

Toyota Motor achieves record global vehicle production in October, defying semiconductor shortage and supplier accident; overseas production also reaches a record high; global and overseas sales hit record highs; domestic production rises significantly due to…

https://timesofindia.indiatimes.com/business/international-business/toyotas-october-global-output-hits-record-despite-supplier-accident/articleshow/105580218.cms

2023-11-29 04:35:08

FD Calculator When investing in a fixed deposit, the amount you deposit earns interest as per the prevailing... Calculate Now

Japan

TOKYO: Toyota Motor said on Wednesday its October global vehicle production hit a record for that month, helped by an easing of the semiconductor shortage and defying the impact of an accident at a supplier facility. The world's largest automaker by sales said it produced 900,285 vehicles worldwide, up 16.7% from the same period a year earlier.Overseas productions hit a record high for a single month, rising 8.7% at 617,590.Global and overseas sales reached record highs for the month of October, increasing 7% to 890,241 and 5.2% to 756,245 respectively. Toyota sold more than 8.46 million vehicles during the fist 10 months of the year, including its luxury Lexus brand. Toyota last month suspended work at several group factories in Japan for more than a week due to the accident at valve spring maker Chuo Spring. Nevertheless, domestic production, which accounted for just over a third of the vehicles it produced during that month, rose 39.2% year-on-year to 282,695. The automaker credited the increase to the easing of the chip shortage. The production disruption is expected to weigh heavily on Japan's October industrial output data to be announced Thursday, a Reuters poll showed. Toyota's sales in Japan grew 17.8% while those in North America rose 7.4% and Europe's jumped 15.2%. In China, the world's biggest auto market, Toyota reported a 2.6% decline in production, citing intensifying competition, but 1.5% growth in year-on-year sales. Meanwhile, output and sales in Thailand and Vietnam fell in October due to tougher economic conditions.

775363

nan

ETF Daily News

MarketBeat News

Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Large Decline in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY – Get Free Report) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 400 shares, a drop of 60.0% from the October 31st total of 1,000 shares. Bas…

https://www.etfdailynews.com/2023/11/29/alps-alpine-co-ltd-otcmktsapely-sees-large-decline-in-short-interest/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/alps-alpine-co-ltd-logo.jpg?v=20221123160918&w=240&h=240&zc=2

2023-11-29 12:20:41

Alps Alpine Co., Ltd. (OTCMKTS:APELY – Get Free Report) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 400 shares, a dr… [+1454 chars]

Japan

Alps Alpine Co., Ltd. (OTCMKTS:APELY–Get Free Report) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 400 shares, a drop of 60.0% from the October 31st total of 1,000 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is currently 0.1 days. Shares ofAPELY stockopened at $16.51 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.74 and a debt-to-equity ratio of 0.11. The firm’s 50-day moving average is $16.65 and its two-hundred day moving average is $17.09. Alps Alpine has a 12 month low of $15.36 and a 12 month high of $21.93. (Get Free Report) Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverAlps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company's products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.

775410

the-times-of-india

The Times of India

PTI

Adani Power to blend green ammonia with coal to run 330-MW boiler at Mundra plant to cut carbon emission

Green ammonia, produced from green hydrogen, which in turn is produced through electrolysis using renewable energy, would be a feedstock for the boilers.

https://economictimes.indiatimes.com/industry/renewables/adani-power-to-blend-green-ammonia-with-coal-to-run-330-mw-boiler-at-mundra-plant-to-cut-carbon-emission/articleshow/105591878.cms

2023-11-29 10:00:50

New Delhi: As part of decarbonisation efforts, Adani Power Ltd (APL) on Wednesday said it will use green ammonia along with conventional fuel coal to run the boiler of 330 MW at its Mundra plant in G… [+1895 chars]

Japan

Reuters New Delhi: As part of decarbonisation efforts, Adani Power Ltd (APL) on Wednesday said it will use green ammonia along with conventional fuel coal to run the boiler of 330 MW at its Mundra plant in Gujarat. The quantum of green ammonia will be up to 20 per cent of the total fuel requirement, the company said in a statement. "Adani Power has undertaken a ground-breaking green ammonia combustion pilot project at its Mundra plant as part of its multipronged decarbonization initiatives. As part of the project, the Mundra plant will co-fire up to 20 per cent green ammonia in the boiler of a conventional coal-fired 330 MW unit," the statement said. Green ammonia, produced from green hydrogen, which in turn is produced through electrolysis using renewable energy, would be a feedstock for the boilers. Ammonia does not contain carbon and there will be no CO2 emission from its combustion, making it a long-term carbon-neutral alternative to fossil fuels. Adani Power has partnered with IHI and Kowa-Japan for the pilot project and examine its expansion to other APL units and stations as well. Kowa is active in energy saving and energy creating products, while IHI is a heavy industry company which has ammonia firing technology. Combustion tests at IHI's facility in Japan have begun with 20 per cent ammonia blending, simulating Mundra Power Station equipment. Mundra plant is the first location outside of Japan to have been selected for this cutting-edge green initiative. The APL project has been selected under Japan's research agency New Energy and Industrial Technology Development Organization (NEDO). "Adani Power is fully committed to reducing its carbon footprint through adoption of latest technologies and proactive measures across our business value chain. In furtherance of this vision, we are happy to partner with IHI and Kowa for blending green ammonia for our Mundra plant, which will reduce CO2 emissions. "We will continue to integrate cutting-edge technologies increasingly to reduce emissions in the intermediate term," said Anil Sardana, Managing Director, APL. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Adani Power Mundra plant carbon emission green ammonia coal (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Recommended Stories Disney CEO Iger promises 2026 exit, says ABC not for sale Essar Oil UK to invest $3.6 billion in greening operations Companies trying to junk consumer notions on packaged food NCLT dismisses insolvency resolution plea against Indamer Mjets Airport Service Irdai ups scrutiny of broking deals, approvals take longer Star's revenue from sports biz drops 39% Luxury inc sees India as the next big destination Working towards completing merger deal with Sony: ZEEL At Balaji, get a taste of big things to come Chinese handset companies low share in India's exports draws govt ire 1 2 3 4 5 6 7 8 9 10

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nan

GlobeNewswire

Preqin

Private capital AUM in Mexico sees decade of steady growth – Preqin reports

Infrastructure AUM builds onwards and upwards in 2022, reaching $8.2bn in total Infrastructure AUM builds onwards and upwards in 2022, reaching $8.2bn in total

https://www.globenewswire.com/news-release/2023/11/29/2787789/0/en/Private-capital-AUM-in-Mexico-sees-decade-of-steady-growth-Preqin-reports.html

https://ml-eu.globenewswire.com/Resource/Download/e66a775b-9a48-4086-804a-537b5cfc8fe3

2023-11-29 14:00:00

LONDON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Today Preqin, the global leader in alternative assets data, tools, and insights, published its Preqin Territory Guide: Private Capital in Mexico 2023 report.… [+5673 chars]

Mexico

LONDON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- TodayPreqin, the global leader in alternative assets data, tools, and insights, published itsPreqin Territory Guide: Private Capital in Mexico 2023report. The report lifts the lid on the state of Mexico’s alternative assets landscape. It reveals almost consistent year-on-year growth of assets under management (AUM) and dry powder in private capital asset classes* over the last 11 years, from the end of December 2011 to December end 2022. For example, private equity AUM – a combination of unrealized value and dry powder – increased six times from $1bn to $6bn, in the timescale stated above. A region showcasing steady growth in alternative assets At the end of Q2 2023, total allocation of alternatives in the Latin America (LatAm) region stands at $131bn, increasing by over 30% from $100bn at the end of 2020. Mexico and Brazil, LatAm’s two biggest economies, boast the largest concentration of alternative assets at a combined $57.3bn, according to Preqin’sFund Raising from Latin America: A Guide to Raising Capitalreport from June 2023. While Mexico is currently the junior party to Brazil, it has shown greater momentum. Mexico’s AUM growth at an annual five-year rate was 37.7% up to the end of 2020, compared to Brazil’s rate of just 1.8%, over the same period. In Mexico, venture capital (VC) AUM (the combination of unrealised value and dry powder as managed for investors) fell in 2022 as a whole. It totaled $1bn for the year, compared to $1.7bn in 2021. That said, this fall aligns with the wider downward trend in VC AUM by country seen globally. While Mexico is relatively small compared to other LatAm countries** when it comes to alternative assets AUM and dry powder, there are strong foundations being set. This is not only through capital injections and investment, but through regulatory change and key business-inducing initiatives (see below). Key growth drivers: private equity and infrastructure Private equity AUM in Mexico reached $6bn by the end of 2022, compared to $4.2bn by the end of 2021. But it is infrastructure investment that is a key growth area in Mexico. Infrastructure AUM in Mexico reached $8.2bn by the end of 2022, compared to $5.2bn by the end of 2021. Mexico's economy is maturing as it realizes the potential of connecting private asset investment to national growth – in which private equity and infrastructure are key. In addition, the opening up of Mexican pension capital to alternative assets investment through AFOREs (authorized pension fund managers) – and importantly to national projects for economic development – has shown institutional investors globally that the economy is maturing. From a global perspective, Mexican financial regulatory changes in 2018 allowed international private equity firms to access Mexican pension funds. Since, BlackRock, Apollo, Blackstone and KKR have closed Investment Trust Certificates (CERPIs), securities listed on the Mexican Stock Exchange. This has aided the flow of Mexican pension capital into a range of projects across real estate, infrastructure and private equity. David Dawkins, lead author of the report, at Preqin says,“Mexico is continuing to evolve as a regional hub for alternatives with its own pockets of value, local expertise and opportunity. A growing number of Mexican policymakers clearly see the benefits for public money and economic growth by investing in alternatives – in particular national projects and infrastructure. As consistent growth in AUM and dry powder across almost all private asset classes continues, more investors will be considering the country as a key regional hub.” Additional key findings from Preqin’s Private Capital in Mexico 2023 report include: For more information, and to receive a copy of the report, contact Ollie Keyser [email protected] To sign up to receive the Preqin First Close newsletter, clickhere Notes to editors * Private capital excludes hedge funds ** LatAm includes Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru and Uruguay Data collection At time of publication, the figures in the report are for CKDs and CERPIs specifically, and do not include private funds. This data is a starting point for Preqin research in the region that will mature year-on-year. For more information on our methodology, please see page 11https://docs.preqin.com/pro/Private-Capital-Performance-Guide.pdf_____________________________________________________________________________________________ About Preqin Preqin, the Home of Alternatives™, empowers financial professionals who invest in or allocate to alternatives with essential data and insight to make confident decisions. It supports them throughout the entire investment lifecycle with critical information and leading analytics solutions. The company has pioneered rigorous methods of collecting private data for almost 20 years, enabling more than 200,000 professionals globally to streamline how they raise capital, source deals and investments, understand performance, and stay informed. For more information visitwww.preqin.com.

775643

abc-news

ABC News

MORGAN LEE Associated Press

Writer John Nichols, author of 'The Milagro Beanfield War' with a social justice streak, dies at 83

Writer John Nichols, author “The Milagro Beanfield War," has died

https://abcnews.go.com/US/wireStory/writer-john-nichols-author-milagro-beanfield-war-social-105228576

2023-11-29 00:53:54

SANTA FE, N.M. -- Writer John Nichols, best known for his populist novel The Milagro Beanfield War," has died. He was 83. Nichols died Monday at home in Taos, New Mexico, amid declining health linke… [+1981 chars]

Mexico

SANTA FE, N.M. --Writer John Nichols, best known for his populist novel, “The Milagro Beanfield War," has died. He was 83. Nichols died Monday at home in Taos, New Mexico, amid declining health linked to a long-term heart condition, said daughter Tania Harris of Albuquerque. Nichols won early recognition with the 1965 publication of his offbeat love story “The Sterile Cuckoo,” later made into a movie starring Liza Minnelli. The coming-of-age book and subsequent movie were set amid private Northeastern colleges that were a familiar milieu to Nichols, who attended boarding school in Connecticut and private college in upstate New York. He moved in 1969 with his first wife from New York City to northern New Mexico, where he found inspiration for a trilogy of novels anchored in the success of “The Milagro Beanfield War." That novel — about a fictional Hispanic agricultural community in the mountains of northern New Mexico, a scheme by business interests to usurp the town's land and water supply, and the spontaneous rebellion that ensues — won widespread recognition for its mix of humor, sense of place and themes of social justice. It was turned into a movie directed by Robert Redford, starring Rubén Blades and Christopher Walken, with scores of local residents on camera in Truchas, New Mexico, as extras. “My sense it that he wrote that as a valentine to northern New Mexico. ... He really became embedded in Taos and Chama and all the towns in northern New Mexico," said Stephen Hull, director of the University of New Mexico Press, which last year published Nichols' memoir under the self-deprecating title, “I Got Mine: Confessions of a Midlist Writer.” “He wrote it as a gringo — an ‘Anglo’ — but he wrote it with real life experience and it seems to me with a great deal of authenticity,” Hull said. In his memoir, Nichols says he drew in writing “The Milagro Beanfield War” on his involvement with local alternative media outlets and a successful advocacy campaign to ward off construction of a conservation-district dam near Taos, including his notes from uproarious public meetings. “New Mexico’s sense of humor, its history and cultures, as well as its poverty and inequalities affected each sentence I crafted,” he wrote. “The novel’s attitude and style had been with me since childhood.” Gerald Ortiz y Pino met Nichols in the 1970s while working as a community organizer out of a welfare office in Taos and said the author wrote with humor and sympathy about turbulent times, amid a local movement to reclaim land tracts ceded to the U.S. government in the Mexican American War and tensions over the arrival of communes and “hippies" in Taos. “He wrote three novels about Taos in those days, and in all of them was a sense of the absurdity of what was going on," said Ortiz y Pino, now a state senator. “He captured a point in time.” Friends and colleagues trace Nichols’ social justice streak — as a self-described “liberation ecologist” — to his travels in Latin America and Guatemala, starting in the 1960s amid U.S. interventions in the aftermath of the Cuban revolution. Nichols would later collaborate as a uncredited screenwriter with film director Costa-Gavras on “Missing” about the search for a missing American writer in Chile in the aftermath of the September 1973 coup against leftist President Salvador Allende. Nichols' published works include at least 13 novels along with nonfiction ranging from collected essays, original photography, nature writing, a chronicle of his parents' early life and more. He lived alone after three marriages in a Taos home lined with books, papers and manuscripts, amid an enduring work routine that involved writing through the night, according to friends and relatives. Nichols is survived by son Luke Nichols and daughter Tania from his first marriage to Ruth Wetherell Harding, and three granddaughters.

775685

nan

ETF Daily News

MarketBeat News

iSAM Funds UK Ltd Makes New Investment in Matador Resources (NYSE:MTDR)

iSAM Funds UK Ltd bought a new position in shares of Matador Resources (NYSE:MTDR – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,673…

https://www.etfdailynews.com/2023/11/29/isam-funds-uk-ltd-makes-new-investment-in-matador-resources-nysemtdr/

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2023-11-29 13:48:48

iSAM Funds UK Ltd bought a new position in shares of Matador Resources (NYSE:MTDR – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and … [+4859 chars]

Mexico

iSAM Funds UK Ltd bought a new position in shares of Matador Resources (NYSE:MTDR–Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,673 shares of the energy company’s stock, valued at approximately $244,000. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. New Mexico Educational Retirement Board grew its holdings in shares of Matador Resources by 12.8% during the 2nd quarter. New Mexico Educational Retirement Board now owns 22,900 shares of the energy company’s stock worth $1,198,000 after acquiring an additional 2,600 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of Matador Resources by 253.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 19,423 shares of the energy company’s stock worth $926,000 after buying an additional 13,933 shares during the last quarter. Prudential PLC grew its stake in shares of Matador Resources by 35.7% in the 1st quarter. Prudential PLC now owns 19,911 shares of the energy company’s stock worth $949,000 after buying an additional 5,239 shares during the last quarter. Beck Mack & Oliver LLC grew its stake in shares of Matador Resources by 0.5% in the 2nd quarter. Beck Mack & Oliver LLC now owns 1,038,790 shares of the energy company’s stock worth $54,349,000 after buying an additional 5,145 shares during the last quarter. Finally, Keybank National Association OH purchased a new stake in shares of Matador Resources in the 2nd quarter worth approximately $459,000. Hedge funds and other institutional investors own 87.23% of the company’s stock. NYSE MTDRopened at $57.93 on Wednesday. The business’s fifty day moving average price is $59.51 and its 200-day moving average price is $56.18. The stock has a market capitalization of $6.90 billion, a price-to-earnings ratio of 8.23 and a beta of 3.53. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.98 and a quick ratio of 0.94. Matador Resources has a 1-year low of $42.04 and a 1-year high of $69.41. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverMatador Resources (NYSE:MTDR–Get Free Report) last released its quarterly earnings results on Tuesday, October 24th. The energy company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.27. The firm had revenue of $772.29 million for the quarter, compared to analysts’ expectations of $697.33 million. Matador Resources had a return on equity of 23.09% and a net margin of 31.56%. On average, equities analysts predict that Matador Resources will post 7.04 earnings per share for the current year. The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.38%. This is a positive change from Matador Resources’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Thursday, November 9th. Matador Resources’s dividend payout ratio is 11.36%. Several research firms recently weighed in on MTDR. Wells Fargo & Company initiated coverage on Matador Resources in a research note on Wednesday, November 15th. They issued an “overweight” rating and a $73.00 price target on the stock. Mizuho upped their price objective on Matador Resources from $80.00 to $83.00 and gave the company a “buy” rating in a research report on Tuesday, October 31st.StockNews.comcut Matador Resources from a “hold” rating to a “sell” rating in a research report on Thursday, November 23rd. Finally, KeyCorp upped their price objective on Matador Resources from $70.00 to $76.00 and gave the company an “overweight” rating in a research report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, Matador Resources currently has a consensus rating of “Moderate Buy” and an average price target of $73.67. Check Out Our Latest Research Report on MTDR (Free Report) Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.

775690

nan

ETF Daily News

MarketBeat News

Trexquant Investment LP Has $2 Million Stock Holdings in Vicor Co. (NASDAQ:VICR)

Trexquant Investment LP grew its holdings in Vicor Co. (NASDAQ:VICR – Free Report) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,030 shares of the electronics maker’s st…

https://www.etfdailynews.com/2023/11/29/trexquant-investment-lp-has-2-million-stock-holdings-in-vicor-co-nasdaqvicr/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/vicor-co-logo.png?v=20221123090314&w=240&h=240&zc=2

2023-11-29 13:12:47

Trexquant Investment LP grew its holdings in Vicor Co. (NASDAQ:VICR – Free Report) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutiona… [+3653 chars]

Mexico

Trexquant Investment LP grew its holdings in Vicor Co. (NASDAQ:VICR–Free Report) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 37,030 shares of the electronics maker’s stock after buying an additional 1,774 shares during the quarter. Trexquant Investment LP owned 0.08% of Vicor worth $2,000,000 as of its most recent filing with the SEC. Other hedge funds also recently made changes to their positions in the company. Louisiana State Employees Retirement System raised its stake in shares of Vicor by 10.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 6,500 shares of the electronics maker’s stock valued at $351,000 after buying an additional 600 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Vicor by 39.8% during the 1st quarter. Russell Investments Group Ltd. now owns 24,027 shares of the electronics maker’s stock worth $1,128,000 after purchasing an additional 6,836 shares in the last quarter. New Mexico Educational Retirement Board increased its position in shares of Vicor by 17.6% during the 1st quarter. New Mexico Educational Retirement Board now owns 4,000 shares of the electronics maker’s stock worth $188,000 after purchasing an additional 600 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Vicor by 17.7% during the 2nd quarter. Pacer Advisors Inc. now owns 4,766 shares of the electronics maker’s stock worth $257,000 after purchasing an additional 716 shares in the last quarter. Finally, ExodusPoint Capital Management LP increased its position in shares of Vicor by 150.0% during the 1st quarter. ExodusPoint Capital Management LP now owns 35,748 shares of the electronics maker’s stock worth $1,678,000 after purchasing an additional 21,451 shares in the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock. VICRopened at $36.52 on Wednesday. The stock has a market capitalization of $1.62 billion, a PE ratio of 30.95 and a beta of 1.43. Vicor Co. has a 1-year low of $35.48 and a 1-year high of $98.38. The firm has a 50-day moving average price of $47.32 and a two-hundred day moving average price of $57.08. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverVicor (NASDAQ:VICR–Get Free Report) last posted its quarterly earnings data on Tuesday, October 24th. The electronics maker reported $0.37 earnings per share for the quarter. The firm had revenue of $107.84 million during the quarter. Vicor had a net margin of 12.68% and a return on equity of 10.73%. A number of equities research analysts recently issued reports on the stock.StockNews.comassumed coverage on shares of Vicor in a research report on Thursday, October 5th. They set a “hold” rating for the company. Needham & Company LLC cut shares of Vicor from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. View Our Latest Research Report on Vicor (Free Report) Vicor Corporation, together with its subsidiaries, designs, develops, manufactures and markets modular power components and power systems for converting electrical power in the United States and internationally. The company offers a range of brick-format DC-DC converters; complementary components provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as electrical and mechanical accessories.

775692

nan

ETF Daily News

MarketBeat News

Sierra Metals (TSE:SMT) Hits New 12-Month High at $0.85

Sierra Metals Inc. (TSE:SMT – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$0.85 and last traded at C$0.81, with a volume of 289098 shares. The stock had previously closed at C$0.75. Analy…

https://www.etfdailynews.com/2023/11/29/sierra-metals-tsesmt-hits-new-12-month-high-at-0-85/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/sierra-metals-inc-logo.jpg&w=240&h=240&zc=2

2023-11-29 13:32:42

Sierra Metals Inc. (TSE:SMT – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$0.85 and last traded at C$0.81, with a volume of 289… [+1363 chars]

Mexico

Sierra Metals Inc. (TSE:SMT–Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$0.85 and last traded at C$0.81, with a volume of 289098 shares. The stock had previously closed at C$0.75. Separately, CIBC boosted their price objective on shares of Sierra Metals from C$0.50 to C$0.75 and gave the company a “neutral” rating in a report on Tuesday, November 14th. View Our Latest Stock Report on SMT Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverThe firm has a market capitalization of C$166.17 million, a P/E ratio of -3.48 and a beta of 1.63. The company has a quick ratio of 0.35, a current ratio of 0.51 and a debt-to-equity ratio of 66.23. The firm has a 50 day moving average of C$0.46 and a 200-day moving average of C$0.41. (Get Free Report) Sierra Metals Inc, together with its subsidiaries, focuses on the production, exploration, and development of precious and base metals in Peru and Mexico. It primarily focuses on exploration of silver, copper, lead, zinc, and gold deposits. The company's flagship property is the 81.84% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru.

775699

nan

ETF Daily News

MarketBeat News

B. Metzler seel. Sohn & Co. AG Sells 26,094 Shares of The Williams Companies, Inc. (NYSE:WMB)

B. Metzler seel. Sohn & Co. AG lowered its stake in The Williams Companies, Inc. (NYSE:WMB – Free Report) by 40.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional inve…

https://www.etfdailynews.com/2023/11/29/b-metzler-seel-sohn-co-ag-sells-26094-shares-of-the-williams-companies-inc-nysewmb/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/williams-logo.jpg&w=240&h=240&zc=2

2023-11-29 13:14:51

B. Metzler seel. Sohn &amp; Co. AG lowered its stake in The Williams Companies, Inc. (NYSE:WMB – Free Report) by 40.6% during the 2nd quarter, according to the company in its most recent disclosure w… [+5553 chars]

Mexico

B. Metzler seel. Sohn & Co. AG lowered its stake in The Williams Companies, Inc. (NYSE:WMB–Free Report) by 40.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,134 shares of the pipeline company’s stock after selling 26,094 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Williams Companies were worth $1,244,000 at the end of the most recent reporting period. Several other large investors have also added to or reduced their stakes in the stock. Stableford Capital II LLC bought a new stake in Williams Companies in the second quarter valued at $387,000. OLD Point Trust & Financial Services N A bought a new stake in Williams Companies in the second quarter valued at $25,000. Clearbridge Investments LLC boosted its holdings in shares of Williams Companies by 6.6% during the 2nd quarter. Clearbridge Investments LLC now owns 23,515,457 shares of the pipeline company’s stock valued at $767,309,000 after buying an additional 1,451,317 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in shares of Williams Companies by 7.0% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 58,189 shares of the pipeline company’s stock valued at $1,899,000 after buying an additional 3,821 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Williams Companies by 9.1% during the 2nd quarter. Franklin Resources Inc. now owns 15,691,954 shares of the pipeline company’s stock valued at $512,028,000 after buying an additional 1,308,338 shares in the last quarter. Institutional investors own 85.76% of the company’s stock. Shares ofNYSE:WMBopened at $36.33 on Wednesday. The Williams Companies, Inc. has a fifty-two week low of $27.80 and a fifty-two week high of $36.69. The business has a 50-day simple moving average of $34.81 and a two-hundred day simple moving average of $33.40. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.72 and a current ratio of 0.77. The firm has a market cap of $44.20 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 4.89 and a beta of 1.14. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverWilliams Companies (NYSE:WMB–Get Free Report) last issued its earnings results on Wednesday, November 1st. The pipeline company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. Williams Companies had a return on equity of 16.90% and a net margin of 24.52%. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the previous year, the firm earned $0.48 EPS. Williams Companies’s revenue was down 15.3% on a year-over-year basis. On average, analysts expect that The Williams Companies, Inc. will post 2.13 earnings per share for the current year. The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Friday, December 8th will be given a $0.4475 dividend. This represents a $1.79 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend is Thursday, December 7th. Williams Companies’s dividend payout ratio (DPR) is 80.27%. A number of analysts have recently commented on WMB shares.StockNews.comstarted coverage on shares of Williams Companies in a report on Thursday, October 5th. They set a “hold” rating on the stock. TD Securities dropped their target price on shares of Williams Companies from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, August 4th. Mizuho boosted their target price on shares of Williams Companies from $40.00 to $41.00 and gave the company a “buy” rating in a report on Tuesday, August 22nd. Morgan Stanley boosted their target price on shares of Williams Companies from $39.00 to $42.00 and gave the company an “equal weight” rating in a report on Tuesday, August 29th. Finally, The Goldman Sachs Group assumed coverage on shares of Williams Companies in a research note on Thursday, October 5th. They issued a “neutral” rating and a $35.00 price target on the stock. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $36.33. Check Out Our Latest Stock Analysis on Williams Companies (Free Report) The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. Want to see what other hedge funds are holding WMB?Visit HoldingsChannel.comto get the latest 13F filings and insider trades for The Williams Companies, Inc. (NYSE:WMB–Free Report).

775701

nan

GlobeNewswire

Gulf Island Fabrication, Inc.

Gulf Island Receives Multiple Subsea Fabrication Awards

THE WOODLANDS, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that it has been award…

https://www.globenewswire.com/news-release/2023/11/29/2787832/0/en/Gulf-Island-Receives-Multiple-Subsea-Fabrication-Awards.html

https://ml.globenewswire.com/Resource/Download/be025048-a538-4633-896a-ae26866d72a0

2023-11-29 14:00:00

THE WOODLANDS, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (Gulf Island or the Company) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial an… [+5057 chars]

Mexico

THE WOODLANDS, Texas, Nov. 29, 2023 (GLOBE NEWSWIRE) --Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that it has been awarded multiple subsea fabrication projects from a leading integrated subsea engineering, procurement, construction and installation (“EPCI”) company. The projects consist of procurement, fabrication, coating and testing of subsea structures for multiple developments located in the Gulf of Mexico. The fabricated components include PLETs (pipeline end terminations), jumper kits, jumpers and sleepers that will be fabricated at Gulf Island’s Houma fabrication facility. The aggregate contract value for the various awards is approximately $5 million and they will be included in the Company’s new awards and backlog in the fourth quarter 2023. “Several years ago, we made a strategic decision to focus resources on the subsea fabrication market, so we are excited to see momentum building in this market, with these recent awards validating our strategy,” said Richard Heo, Gulf Island’s President and Chief Executive Officer. “We expect subsea fabrication activity to remain strong well into 2024, associated with anticipated subsea developments across the Gulf of Mexico, Guyana and Brazil, and Gulf Island is well-positioned to take advantage of these trends. We are proud to have been chosen for these critical projects and look forward to expanding our relationship with this customer.” ABOUT GULF ISLAND Gulf Island is a leading fabricator of complex steel structures and modules and provider of specialty services, including project management, hookup, commissioning, repair, maintenance, scaffolding, coatings, welding enclosures, civil construction and staffing services to the industrial and energy sectors. The Company’s customers include U.S. and, to a lesser extent, international energy producers; refining, petrochemical, LNG, industrial and power operators; and EPC companies. The Company is headquartered in The Woodlands, Texas and its primary operating facilities are located in Houma, Louisiana. CAUTIONARY STATEMENT This release contains forward-looking statements in which the Company discusses its potential future performance, operations and projects. Forward-looking statements, within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, are all statements other than statements of historical facts, such as projections or expectations relating to industry outlook; timing of investment decisions and new project awards; and execution of strategic initiatives. The words “anticipates,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “to be,” “potential” and any similar expressions are intended to identify those assertions as forward-looking statements. The Company cautions readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, projected or assumed in the forward-looking statements. Important factors that can cause the Company’s actual results to differ materially from those anticipated in the forward-looking statements include: timing and its ability to secure and commence execution of new project awards; its ability to maintain and further improve project execution; nature of its contract terms and customer adherence to such terms; suspension or termination of projects; changes in contract estimates; customer or subcontractor disputes; operating dangers and weather events; operability and adequacy of its major equipment; its ability to obtain letters of credit or surety bonds; its ability to employ a skilled workforce; loss of key personnel; and other factors described under “Risk Factors” in Part I, Item 1A of the Company’s annual report on Form 10-K for the year ended December 31, 2022, as updated by subsequent filings with the SEC. Additional factors or risks that the Company currently deems immaterial, that are not presently known to the Company or that arise in the future could also cause the Company’s actual results to differ materially from its expected results. Given these uncertainties, investors are cautioned that many of the assumptions upon which the Company’s forward-looking statements are based are likely to change after the date the forward-looking statements are made, which it cannot control. Further, the Company may make changes to its business plans that could affect its results. The Company cautions investors that it undertakes no obligation to publicly update or revise any forward-looking statements, which speak only as of the date made, for any reason, whether as a result of new information, future events or developments, changed circumstances, or otherwise, and notwithstanding any changes in its assumptions, changes in business plans, actual experience or other changes.

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The Manufacturers Life Insurance Company Buys 1,251 Shares of Yum! Brands, Inc. (NYSE:YUM)

The Manufacturers Life Insurance Company grew its stake in shares of Yum! Brands, Inc. (NYSE:YUM – Free Report) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 199,064 share…

https://www.etfdailynews.com/2023/11/29/the-manufacturers-life-insurance-company-buys-1251-shares-of-yum-brands-inc-nyseyum/

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2023-11-29 13:10:49

The Manufacturers Life Insurance Company grew its stake in shares of Yum! Brands, Inc. (NYSE:YUM – Free Report) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing … [+6807 chars]

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The Manufacturers Life Insurance Company grew its stake in shares of Yum! Brands, Inc. (NYSE:YUM–Free Report) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 199,064 shares of the restaurant operator’s stock after buying an additional 1,251 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Yum! Brands were worth $27,580,000 at the end of the most recent quarter. Other hedge funds also recently made changes to their positions in the company. FMR LLC boosted its holdings in shares of Yum! Brands by 466.5% in the 1st quarter. FMR LLC now owns 5,867,285 shares of the restaurant operator’s stock worth $774,951,000 after purchasing an additional 4,831,505 shares in the last quarter. Level Four Advisory Services LLC grew its position in Yum! Brands by 68.7% during the first quarter. Level Four Advisory Services LLC now owns 3,421 shares of the restaurant operator’s stock valued at $452,000 after acquiring an additional 1,393 shares during the last quarter. New Mexico Educational Retirement Board grew its position in Yum! Brands by 3.8% during the second quarter. New Mexico Educational Retirement Board now owns 13,572 shares of the restaurant operator’s stock valued at $1,880,000 after acquiring an additional 500 shares during the last quarter. Handelsbanken Fonder AB raised its stake in shares of Yum! Brands by 34.6% during the second quarter. Handelsbanken Fonder AB now owns 110,261 shares of the restaurant operator’s stock worth $15,277,000 after acquiring an additional 28,336 shares in the last quarter. Finally, Steward Financial Group LLC bought a new stake in Yum! Brands in the second quarter worth $151,000. 80.17% of the stock is owned by institutional investors. In other Yum! Brands news, CEODavid W. Gibbssold 3,804 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $131.23, for a total transaction of $499,198.92. Following the completion of the sale, the chief executive officer now directly owns 57,325 shares in the company, valued at approximately $7,522,759.75. The transaction was disclosed in a document filed with the SEC, which can be accessed throughthe SEC website. In related news, CEO David W. Gibbs sold 3,727 shares of the stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $127.97, for a total transaction of $476,944.19. Following the transaction, the chief executive officer now owns 57,325 shares in the company, valued at $7,335,880.25. The sale was disclosed in a legal filing with the SEC, which can be accessed throughthe SEC website. Also, CEO David W. Gibbs sold 3,804 shares of Yum! Brands stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $131.23, for a total transaction of $499,198.92. Following the completion of the sale, the chief executive officer now directly owns 57,325 shares of the company’s stock, valued at approximately $7,522,759.75. The disclosure for this sale can be foundhere. Insiders have sold a total of 20,638 shares of company stock worth $2,603,751 in the last quarter. Corporate insiders own 0.31% of the company’s stock. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverYUM stockopened at $126.39 on Wednesday. The firm has a 50 day moving average price of $123.40 and a 200-day moving average price of $129.87. Yum! Brands, Inc. has a 52-week low of $115.53 and a 52-week high of $143.24. The firm has a market capitalization of $35.43 billion, a price-to-earnings ratio of 24.03, a PEG ratio of 1.95 and a beta of 1.04. Yum! Brands (NYSE:YUM–Get Free Report) last posted its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.18. Yum! Brands had a negative return on equity of 17.45% and a net margin of 21.32%. The company had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the company earned $1.09 EPS. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. As a group, sell-side analysts forecast that Yum! Brands, Inc. will post 5.31 earnings per share for the current fiscal year. The business also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Tuesday, November 28th will be given a $0.605 dividend. This represents a $2.42 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Monday, November 27th. Yum! Brands’s dividend payout ratio is presently 46.01%. YUM has been the topic of a number of analyst reports. TD Cowen restated an “outperform” rating and issued a $160.00 price objective on shares of Yum! Brands in a research report on Wednesday, September 20th. Barclays reduced their price target on Yum! Brands from $140.00 to $126.00 and set an “equal weight” rating on the stock in a report on Monday, October 23rd. Guggenheim cut their price objective on Yum! Brands from $153.00 to $152.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Citigroup decreased their target price on Yum! Brands from $173.00 to $163.00 and set a “buy” rating for the company in a report on Tuesday, October 17th. Finally, Morgan Stanley cut their price target on shares of Yum! Brands from $155.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, October 11th. Ten investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $145.39. Check Out Our Latest Analysis on YUM (Free Report) Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. It operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products. Want to see what other hedge funds are holding YUM?Visit HoldingsChannel.comto get the latest 13F filings and insider trades for Yum! Brands, Inc. (NYSE:YUM–Free Report).

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Trexquant Investment LP Buys Shares of 14,829 Badger Meter, Inc. (NYSE:BMI)

Trexquant Investment LP bought a new position in shares of Badger Meter, Inc. (NYSE:BMI – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 14,829 shares of the scientific and technical instruments company’…

https://www.etfdailynews.com/2023/11/29/trexquant-investment-lp-buys-shares-of-14829-badger-meter-inc-nysebmi/

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2023-11-29 13:00:47

Trexquant Investment LP bought a new position in shares of Badger Meter, Inc. (NYSE:BMI – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 14,829… [+4063 chars]

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Trexquant Investment LP bought a new position in shares of Badger Meter, Inc. (NYSE:BMI–Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 14,829 shares of the scientific and technical instruments company’s stock, valued at approximately $2,188,000. Trexquant Investment LP owned 0.05% of Badger Meter at the end of the most recent quarter. Other institutional investors also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Badger Meter in the 2nd quarter valued at $25,000. Pacer Advisors Inc. bought a new stake in shares of Badger Meter in the second quarter worth about $28,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Badger Meter in the second quarter worth about $70,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Badger Meter during the second quarter worth about $70,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Badger Meter during the 2nd quarter valued at about $87,000. 86.81% of the stock is currently owned by institutional investors and hedge funds. A number of research firms recently issued reports on BMI.StockNews.comcut Badger Meter from a “buy” rating to a “hold” rating in a research note on Tuesday. Stifel Nicolaus reissued a “hold” rating and set a $142.00 price objective on shares of Badger Meter in a research report on Tuesday, September 12th. Finally, Northcoast Research lowered shares of Badger Meter from a “neutral” rating to a “sell” rating and set a $120.00 price objective on the stock. in a report on Friday, September 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $146.67. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverCheck Out Our Latest Stock Analysis on BMI Shares ofBMIopened at $146.89 on Wednesday. Badger Meter, Inc. has a twelve month low of $103.93 and a twelve month high of $170.86. The stock has a market capitalization of $4.31 billion, a P/E ratio of 50.65, a P/E/G ratio of 2.39 and a beta of 0.90. The company has a 50 day moving average of $143.92 and a 200-day moving average of $150.08. Badger Meter (NYSE:BMI–Get Free Report) last announced its earnings results on Thursday, October 19th. The scientific and technical instruments company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.81 by $0.07. Badger Meter had a net margin of 12.78% and a return on equity of 18.28%. The business had revenue of $186.20 million during the quarter, compared to analysts’ expectations of $179.06 million. During the same quarter in the prior year, the company posted $0.61 earnings per share. The firm’s revenue was up 25.8% on a year-over-year basis. On average, sell-side analysts anticipate that Badger Meter, Inc. will post 3.07 earnings per share for the current fiscal year. The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Friday, November 24th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Wednesday, November 22nd. Badger Meter’s dividend payout ratio is currently 37.24%. (Free Report) Badger Meter, Inc manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities.

775736

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TC Energy Co. (NYSE:TRP) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. increased its holdings in TC Energy Co. (NYSE:TRP – Free Report) (TSE:TRP) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,318,120 shares of the…

https://www.etfdailynews.com/2023/11/29/tc-energy-co-nysetrp-shares-acquired-by-franklin-resources-inc/

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2023-11-29 12:27:33

Franklin Resources Inc. increased its holdings in TC Energy Co. (NYSE:TRP – Free Report) (TSE:TRP) by 2.4% during the second quarter, according to its most recent filing with the Securities and Excha… [+4980 chars]

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Franklin Resources Inc. increased its holdings in TC Energy Co. (NYSE:TRP–Free Report) (TSE:TRP) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,318,120 shares of the pipeline company’s stock after acquiring an additional 31,054 shares during the quarter. Franklin Resources Inc. owned approximately 0.13% of TC Energy worth $53,264,000 at the end of the most recent quarter. A number of other institutional investors have also modified their holdings of TRP. Jones Financial Companies Lllp increased its stake in TC Energy by 197.3% in the 1st quarter. Jones Financial Companies Lllp now owns 669 shares of the pipeline company’s stock valued at $26,000 after buying an additional 444 shares during the period. Money Concepts Capital Corp increased its stake in TC Energy by 149.1% in the 4th quarter. Money Concepts Capital Corp now owns 949 shares of the pipeline company’s stock valued at $38,000 after buying an additional 568 shares during the period. Cullen Frost Bankers Inc. increased its stake in TC Energy by 1,462.5% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,000 shares of the pipeline company’s stock valued at $40,000 after buying an additional 936 shares during the period. Chilton Capital Management LLC acquired a new position in TC Energy in the 1st quarter valued at $41,000. Finally, Ronald Blue Trust Inc. increased its stake in TC Energy by 712.8% in the 2nd quarter. Ronald Blue Trust Inc. now owns 1,081 shares of the pipeline company’s stock valued at $42,000 after buying an additional 948 shares during the period. 73.67% of the stock is owned by institutional investors and hedge funds. Several equities analysts have issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of TC Energy in a research note on Thursday, October 5th. They issued a “sell” rating on the stock. Wells Fargo & Company upgraded shares of TC Energy from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, October 25th. Barclays decreased their target price on shares of TC Energy from $51.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 18th. Wolfe Research upgraded shares of TC Energy from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, October 17th. Finally,StockNews.cominitiated coverage on shares of TC Energy in a research report on Thursday, October 5th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $55.17. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverView Our Latest Report on TRP TC Energy stockopened at $37.33 on Wednesday. TC Energy Co. has a 52 week low of $32.51 and a 52 week high of $48.66. The company has a quick ratio of 0.75, a current ratio of 0.86 and a debt-to-equity ratio of 43.25. The firm’s 50-day simple moving average is $35.37 and its 200 day simple moving average is $37.27. The firm has a market capitalization of $38.73 billion, a PE ratio of -622.17, a P/E/G ratio of 3.27 and a beta of 0.82. TC Energy (NYSE:TRP–Get Free Report) (TSE:TRP) last released its quarterly earnings data on Wednesday, November 8th. The pipeline company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.71 by $0.04. TC Energy had a net margin of 0.10% and a return on equity of 18.19%. The business had revenue of $2.94 billion for the quarter, compared to analyst estimates of $2.76 billion. On average, equities research analysts predict that TC Energy Co. will post 2.81 EPS for the current fiscal year. The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be given a $0.67 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.68 annualized dividend and a dividend yield of 7.18%. TC Energy’s dividend payout ratio is presently -4,583.33%. (Free Report) TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.

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Trexquant Investment LP Has $1.77 Million Position in Valaris Limited (NYSE:VAL)

Trexquant Investment LP grew its stake in Valaris Limited (NYSE:VAL – Free Report) by 47.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,085 shar…

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2023-11-29 13:30:50

Trexquant Investment LP grew its stake in Valaris Limited (NYSE:VAL – Free Report) by 47.3% during the second quarter, according to the company in its most recent filing with the Securities and Excha… [+4652 chars]

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Trexquant Investment LP grew its stake in Valaris Limited (NYSE:VAL–Free Report) by 47.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,085 shares of the company’s stock after purchasing an additional 9,013 shares during the period. Trexquant Investment LP’s holdings in Valaris were worth $1,767,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds also recently made changes to their positions in the stock. Orbis Allan Gray Ltd boosted its stake in shares of Valaris by 50.5% in the 1st quarter. Orbis Allan Gray Ltd now owns 5,326,731 shares of the company’s stock valued at $346,557,000 after purchasing an additional 1,787,419 shares in the last quarter. FMR LLC boosted its stake in shares of Valaris by 42.3% in the 1st quarter. FMR LLC now owns 2,935,795 shares of the company’s stock valued at $191,003,000 after purchasing an additional 873,364 shares in the last quarter. State Street Corp boosted its stake in shares of Valaris by 64.6% in the 1st quarter. State Street Corp now owns 2,209,606 shares of the company’s stock valued at $143,757,000 after purchasing an additional 867,097 shares in the last quarter. Exor Capital LLP boosted its stake in shares of Valaris by 1.7% in the 4th quarter. Exor Capital LLP now owns 2,056,838 shares of the company’s stock valued at $101,131,000 after purchasing an additional 35,305 shares in the last quarter. Finally, Coronation Fund Managers Ltd. boosted its stake in shares of Valaris by 74.4% in the 2nd quarter. Coronation Fund Managers Ltd. now owns 1,526,756 shares of the company’s stock valued at $96,079,000 after purchasing an additional 651,428 shares in the last quarter. 89.57% of the stock is currently owned by institutional investors and hedge funds. Several equities research analysts recently commented on VAL shares. Benchmark reiterated a “buy” rating and set a $90.00 target price on shares of Valaris in a research report on Tuesday, November 7th. TheStreet downgraded shares of Valaris from a “b-” rating to a “c” rating in a research report on Wednesday, August 2nd. Barclays upgraded shares of Valaris from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $84.00 to $106.00 in a research report on Thursday, November 9th. Citigroup cut their target price on shares of Valaris from $113.00 to $103.00 and set a “buy” rating on the stock in a research report on Tuesday, October 10th. Finally, Capital One Financial started coverage on shares of Valaris in a research report on Tuesday. They set an “overweight” rating and a $100.00 target price on the stock. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Valaris presently has an average rating of “Moderate Buy” and an average target price of $97.80. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverGet Our Latest Research Report on VAL Shares ofNYSE VALopened at $69.31 on Wednesday. The company has a market capitalization of $5.05 billion, a P/E ratio of 90.01 and a beta of 1.32. Valaris Limited has a 52-week low of $54.13 and a 52-week high of $80.00. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.39 and a current ratio of 2.39. The company’s 50 day moving average price is $70.09 and its 200-day moving average price is $68.66. Valaris (NYSE:VAL–Get Free Report) last issued its quarterly earnings results on Monday, November 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). The firm had revenue of $455.10 million during the quarter. Valaris had a return on equity of 5.24% and a net margin of 3.43%. (Free Report) Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, South America, the North Sea, the Middle East, Africa, and Asia Pacific. Want to see what other hedge funds are holding VAL?Visit HoldingsChannel.comto get the latest 13F filings and insider trades for Valaris Limited (NYSE:VAL–Free Report).

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Huntington National Bank Boosts Position in Matador Resources (NYSE:MTDR)

Huntington National Bank boosted its holdings in shares of Matador Resources (NYSE:MTDR – Free Report) by 71.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,896 shares of the energy c…

https://www.etfdailynews.com/2023/11/29/huntington-national-bank-boosts-position-in-matador-resources-nysemtdr/

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2023-11-29 12:48:48

Huntington National Bank boosted its holdings in shares of Matador Resources (NYSE:MTDR – Free Report) by 71.1% in the second quarter, according to its most recent filing with the Securities and Exch… [+5011 chars]

Mexico

Huntington National Bank boosted its holdings in shares of Matador Resources (NYSE:MTDR–Free Report) by 71.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,896 shares of the energy company’s stock after buying an additional 788 shares during the quarter. Huntington National Bank’s holdings in Matador Resources were worth $99,000 at the end of the most recent reporting period. A number of other institutional investors also recently bought and sold shares of MTDR. Raymond James Financial Services Advisors Inc. raised its position in Matador Resources by 5.4% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 14,398 shares of the energy company’s stock worth $763,000 after buying an additional 738 shares during the last quarter. US Bancorp DE grew its stake in shares of Matador Resources by 2.1% during the 1st quarter. US Bancorp DE now owns 11,991 shares of the energy company’s stock worth $635,000 after purchasing an additional 246 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Matador Resources by 28.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 15,155 shares of the energy company’s stock worth $804,000 after purchasing an additional 3,373 shares during the period. MetLife Investment Management LLC grew its stake in shares of Matador Resources by 53.9% during the 1st quarter. MetLife Investment Management LLC now owns 59,058 shares of the energy company’s stock worth $3,129,000 after purchasing an additional 20,684 shares during the period. Finally, Panagora Asset Management Inc. acquired a new stake in shares of Matador Resources during the 1st quarter worth approximately $214,000. 87.23% of the stock is owned by hedge funds and other institutional investors. Shares ofMTDR stockopened at $57.93 on Wednesday. The stock’s fifty day moving average is $59.51 and its two-hundred day moving average is $56.18. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.94 and a current ratio of 0.98. The firm has a market capitalization of $6.90 billion, a P/E ratio of 8.23 and a beta of 3.53. Matador Resources has a fifty-two week low of $42.04 and a fifty-two week high of $69.41. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverMatador Resources (NYSE:MTDR–Get Free Report) last posted its quarterly earnings results on Tuesday, October 24th. The energy company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.59 by $0.27. Matador Resources had a return on equity of 23.09% and a net margin of 31.56%. The business had revenue of $772.29 million for the quarter, compared to analyst estimates of $697.33 million. Research analysts expect that Matador Resources will post 7.04 earnings per share for the current fiscal year. The business also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 10th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, November 9th. This is a positive change from Matador Resources’s previous quarterly dividend of $0.15. Matador Resources’s payout ratio is currently 11.36%. A number of equities research analysts have recently commented on the stock. KeyCorp raised their price objective on shares of Matador Resources from $70.00 to $76.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 17th. Wells Fargo & Company initiated coverage on shares of Matador Resources in a research note on Wednesday, November 15th. They issued an “overweight” rating and a $73.00 price target on the stock. Mizuho lifted their price target on shares of Matador Resources from $80.00 to $83.00 and gave the company a “buy” rating in a research note on Tuesday, October 31st. Finally,StockNews.comcut shares of Matador Resources from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $73.67. Get Our Latest Research Report on Matador Resources (Free Report) Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas.

775753

abc-news

ABC News

ROBERT YOON Associated Press

Winning the presidential nomination is all about delegates. But how does the process work?

By now, Americans should be well aware that the process of electing a president isn’t like electing a senator or governor

https://abcnews.go.com/Politics/wireStory/winning-presidential-nomination-delegates-process-work-105232348

2023-11-29 05:18:54

WASHINGTON -- By now, Americans should be well aware that the process of electing a president isnt like electing a senator or governor. Thats especially true during the presidential primaries, when t… [+7352 chars]

Mexico

WASHINGTON --By now, Americans should be well aware that the process of electing a president isn’t like electing a senator or governor. That’s especially true during the presidential primaries, when the major political parties use a complex and decentralized system to pick their nominees to compete in November. That complicated process was highlighted in the nomination plans released Tuesday evening by the Republican National Committee, which lays out numerous ways in which states will assign the delegates that a candidate must accumulate to win the party's nod to become its presidential candidate in 2024. Although voters across the country cast ballots for their preferred presidential candidate during the presidential primary season, it’s actually the delegates to the national party conventions who select the presidential nominees for each major party. Much like in the generalelection, where a candidate needs a majority of votes in the Electoral College to win the White House, in the primaries, candidates need a majority of delegate votes at the convention to win the party’s presidential nomination. Winning the popular vote in a primary or caucus may give a candidate bragging rights and media attention, but it’s the candidate who accumulates a majority of delegates who ultimately advances to the general election. Here are the basics about the delegate selection process that you should know as the primary campaign gets underway in less than seven weeks: In the context of presidential elections, delegates are individuals who represent their state or community at their party’s presidential nominating convention. These delegates choose a presidential candidate to represent the national party in the November general election. They also approve the party’s platform and adopt rules governing the party. Delegates tend to be party insiders or activists or early supporters of a particular presidential candidate. Both the Democratic and Republican national conventions will feature thousands of delegates representing all 50 states plus the District of Columbia and several U.S. territories. Democrats will have about 3,900 voting delegates for the first ballot at the convention, and more than 4,600 for subsequent rounds of voting, if necessary. Republicans will have 2,429 delegates voting at the convention. Delegates can be divided into two broad categories: pledged and unpledged, as Democrats call them, or bound and unbound, as Republicans call them. Pledged and bound delegates must vote for a particular presidential candidate at the convention based on the results of the primary or caucus in their state. These are the delegates who are up for grabs on any given primary or caucus night. The requirement to vote for a specific candidate lasts at least through the first round of voting at the convention, but depending on state and party rules, some pledged and bound delegates become free to vote for any candidate on subsequent rounds of voting. Pledged and bound delegates can be further divided into at-large delegates and district delegates. At-large delegates represent the entire state, while district delegates represent specific districts within the state, usually congressional districts but sometimes state legislative districts. Democrats have an additional type of pledged delegate that Republicans do not: party leaders and elected officials, or PLEOs. These tend to be notable local elected and party officials, though not governors or members of the U.S. Senate or House. Unpledged and unbound delegates may support any presidential candidate regardless of the primary or caucus results in their state or local district. On the Democratic side, unpledged delegates may not vote on the first ballot in a closely contested race but are free to vote for any candidate in subsequent rounds of voting. Democrats adopted this rule after the 2016 election in order to limit the power of unpledged delegates, formerly known as “superdelegates.” All Democratic governors, U.S. senators and representatives, current and former Democratic National Committee chairs and former presidents serve as unpledged delegates. For Republicans, delegates from Guam, Montana, New Mexico and South Dakota will be unbound and free to vote for the candidate of their choice, according to the plans released Tuesday. Candidates win delegates in a state based on their performance in an election or some type of presidential preference event, usually a primary or a caucus. But the two major parties have vastly different approaches in determining exactly how delegates are allocated to candidates. For Republicans, state parties are mostly free to determine how to award delegates to presidential candidates, although the RNC does establish some guidelines and restrictions. The most common delegate allocation methods are: — Proportional: Candidates are awarded delegates in proportion to the share of the vote they receive in the primary or caucus. There are many variations of proportional allocation methods. Some states allocate all their delegates in proportion to the statewide vote. Others allocate just their statewide delegates according to the statewide vote and their district delegates according to the vote in each district. Many states require that candidates meet a certain vote threshold at either the statewide or district level to qualify for any delegates. Under RNC rules, states holding contests before March 15 must use a proportional allocation method, and can use a threshold of no more than 20% of the vote for a candidate to qualify for delegates. — Winner-take-all: The candidate who receives the most votes in a primary or caucus wins every delegate at stake in that contest. Only contests held March 15 or later may allocate delegates on a winner-take-all basis. — Hybrid: Some states allocate delegates using a mix of proportional and winner-take-all methods. A common combination is majority-take-all, in which statewide delegates are awarded proportionally, though one candidate can win them all if they get more than 50% of the vote. Congressional district delegates would be awarded the same way, based on results in each individual district. Those combinations are allowed for the states that are otherwise required to allocate their delegates proportionally. — Direct election of delegates: Under this method, delegates are elected directly by voters. Unlike Republicans, Democrats have a standardized rule that all state parties must observe. Candidates win at-large and PLEO delegates in proportion to their share of the statewide vote. They also win district delegates in proportion to their share of the vote in each congressional district. Candidates must receive at least 15% of the statewide vote to qualify for any statewide delegates and at least 15% of votes in a congressional district to qualify for delegates in that district. The Republican delegate selection process will begin with the Iowa caucuses on Jan. 15 and the New Hampshire primary on Jan. 23. Nevada and South Carolina will hold delegate contests in February. According to party rules, the Democratic delegate selection process will begin with the South Carolina primary on Feb. 3, with Nevada and Michigan holding contests later that month. New Hampshire is holding a Democratic primary on Jan. 23 in violation of DNC rules, and the DNC has not yet said whether and how that will impact the state's delegate allotment. The bulk of Democratic and Republican contests will be held between March and June.

775769

nan

ETF Daily News

MarketBeat News

Diamondback Energy, Inc. (NASDAQ:FANG) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group lessened its stake in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 130,862 sh…

https://www.etfdailynews.com/2023/11/29/diamondback-energy-inc-nasdaqfang-shares-sold-by-schroder-investment-management-group/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/diamondback-energy-inc-logo.png?v=20221102145807&w=240&h=240&zc=2

2023-11-29 13:36:56

Schroder Investment Management Group lessened its stake in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the… [+7134 chars]

Mexico

Schroder Investment Management Group lessened its stake in Diamondback Energy, Inc. (NASDAQ:FANG–Free Report) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 130,862 shares of the oil and natural gas company’s stock after selling 6,036 shares during the quarter. Schroder Investment Management Group owned 0.07% of Diamondback Energy worth $17,190,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also modified their holdings of the company. Journey Strategic Wealth LLC lifted its holdings in shares of Diamondback Energy by 9.1% in the 1st quarter. Journey Strategic Wealth LLC now owns 1,697 shares of the oil and natural gas company’s stock valued at $229,000 after buying an additional 141 shares during the period. Parallel Advisors LLC raised its holdings in Diamondback Energy by 1.9% in the 2nd quarter. Parallel Advisors LLC now owns 8,596 shares of the oil and natural gas company’s stock worth $1,129,000 after purchasing an additional 162 shares during the period. Vestmark Advisory Solutions Inc. raised its holdings in Diamondback Energy by 10.1% in the 1st quarter. Vestmark Advisory Solutions Inc. now owns 17,515 shares of the oil and natural gas company’s stock worth $2,368,000 after purchasing an additional 1,603 shares during the period. Metis Global Partners LLC raised its holdings in Diamondback Energy by 47.5% in the 1st quarter. Metis Global Partners LLC now owns 5,337 shares of the oil and natural gas company’s stock worth $721,000 after purchasing an additional 1,718 shares during the period. Finally, Scotia Capital Inc. raised its holdings in Diamondback Energy by 20.9% in the 1st quarter. Scotia Capital Inc. now owns 3,337 shares of the oil and natural gas company’s stock worth $451,000 after purchasing an additional 577 shares during the period. Institutional investors and hedge funds own 87.84% of the company’s stock. In other Diamondback Energy news, DirectorDavid L. Houstonsold 8,000 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $156.54, for a total transaction of $1,252,320.00. Following the completion of the sale, the director now owns 11,565 shares of the company’s stock, valued at $1,810,385.10. The transaction was disclosed in a legal filing with the SEC, which is available throughthis hyperlink. In other Diamondback Energy news, Director David L. Houston sold 8,000 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $156.54, for a total transaction of $1,252,320.00. Following the completion of the sale, the director now owns 11,565 shares of the company’s stock, valued at $1,810,385.10. The transaction was disclosed in a legal filing with the SEC, which is available throughthis hyperlink. Also, EVPMatt Zmigroskysold 2,706 shares of the firm’s stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $157.17, for a total value of $425,302.02. Following the sale, the executive vice president now directly owns 27,480 shares of the company’s stock, valued at approximately $4,319,031.60. The disclosure for this sale can be foundhere. 0.43% of the stock is owned by insiders. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverA number of research firms recently weighed in on FANG. UBS Group upped their price target on Diamondback Energy from $191.00 to $198.00 and gave the stock a “buy” rating in a report on Wednesday, October 4th. Susquehanna upped their price target on Diamondback Energy from $200.00 to $203.00 and gave the stock a “positive” rating in a report on Wednesday, November 8th. KeyCorp boosted their price objective on Diamondback Energy from $171.00 to $183.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 17th. Wells Fargo & Company cut their price objective on Diamondback Energy from $190.00 to $189.00 and set an “overweight” rating for the company in a research note on Wednesday, November 22nd. Finally, Raymond James boosted their price objective on Diamondback Energy from $173.00 to $191.00 and gave the stock a “strong-buy” rating in a research note on Thursday, September 14th. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $185.24. View Our Latest Analysis on FANG FANG stockopened at $153.99 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.89 and a quick ratio of 0.86. The business has a 50 day simple moving average of $157.71 and a 200-day simple moving average of $146.27. The firm has a market capitalization of $27.56 billion, a PE ratio of 8.74, a price-to-earnings-growth ratio of 0.37 and a beta of 1.98. Diamondback Energy, Inc. has a 1 year low of $119.01 and a 1 year high of $171.40. Diamondback Energy (NASDAQ:FANG–Get Free Report) last issued its quarterly earnings data on Monday, November 6th. The oil and natural gas company reported $5.49 earnings per share for the quarter, topping the consensus estimate of $4.90 by $0.59. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.21 billion. Diamondback Energy had a return on equity of 20.66% and a net margin of 38.84%. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the prior year, the business posted $6.48 earnings per share. Equities research analysts anticipate that Diamondback Energy, Inc. will post 18.81 earnings per share for the current fiscal year. The firm also recently announced a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Thursday, November 16th were paid a dividend of $0.84 per share. The ex-dividend date was Wednesday, November 15th. This represents a $3.36 annualized dividend and a yield of 2.18%. Diamondback Energy’s dividend payout ratio (DPR) is 19.07%. (Free Report) Diamondback Energy, Inc, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. Want to see what other hedge funds are holding FANG?Visit HoldingsChannel.comto get the latest 13F filings and insider trades for Diamondback Energy, Inc. (NASDAQ:FANG–Free Report).

775786

bbc-news

BBC News

https://www.facebook.com/bbcnews

Philippines: World's 'saddest' elephant dies in Manila zoo

Bittersweet tributes pour in for Mali, who spent more than four decades all by herself.

https://www.bbc.co.uk/news/world-asia-67563146

2023-11-29 07:27:58

An elephant christened by activists as one of the world's "saddest" has died at a Philippine zoo, where she lived almost all her life alone in a pen. Tributes have poured in for Mali, who was the st… [+3362 chars]

Mali

An elephant christened by activists as one of the world's "saddest" has died at a Philippine zoo, where she lived almost all her life alone in a pen. Tributes have poured in for Mali, who was the star attraction at Manila Zoo for four decades and much beloved. But the lonely plight of the country's only elephant was a long-running concern for animal rights activists. One of them was Sir Paul McCartney, who asked authorities to transfer Mali to an elephant sanctuary. Mali's death on Tuesday was announced in a Facebook video by Manila mayor Honey Lacuna, who said visits to the zoo to see Mali were among her happiest childhood memories. Last Friday, the Asian elephant was seen constantly rubbing her trunk against a wall, which indicated that she was in pain, the zoo's chief veterinarian Dr Heinrich Patrick Peña-Domingo said. By early Tuesday, Mali was lying on her side and breathing heavily. Veterinarians administered antihistamines and vitamins but she died later that afternoon. An autopsy found that she had cancer in some of her organs, as well as a blockage in her aorta. Mali, whose full name is Vishwa Ma'ali, was gifted to former Philippine first lady Imelda Marcos by the Sri Lankan government in 1981, when she was 11 months old.Manila Zoo was also home to another elephant, Shiva, who arrived in 1977 and died in 1990. Mali had been the zoo's only elephant since then. At the height of the pandemic, the Manila Zoo also served as a vaccination site for children, where Mali kept them entertained. Animal rights activists criticised the decrepit conditions at Manila Zoo and said its keepers were ill-equipped to provide Mali with proper medical care. Zoo authorities however argued that the elephant was best kept in captivity as she had not known what life was like in the wild. In a letter to then President Benigno Aquino III in 2012, Sir Paul described footage he saw of Mali in captivity as "heartbreaking". "I am writing to add my voice to the many others who are supporting the transfer of Mali, the lonely elephant currently being held at the Manila Zoo, to a sanctuary in Thailand as soon as possible," he said. Former Smiths frontman Morrissey made a similar written appeal, but Mali remained at Manila Zoo. "One of the world's saddest elephants has passed away," People for the Ethical Treatment of Animals (Peta) said. "Rest in peace, Mali, you deserve so much more." On X, formerly Twitter, different generations of Filipinos recalled how school field trips in Manila would always include a visit to Mali, and lamented the fact that she died alone. One user recalled her first sight of Mali 11 years ago. "Seeing Mali walking around, you will feel how lonely this elephant is. It broke my heart... and now it was announced that Mali has died." "Sad about Mali, the famous elephant here in the Philippines passing away. Hoping no more elephants will be confined to zoos," another X user wrote. At a press conference on Wednesday, the Manila mayor told reporters that she would ask the Sri Lankan government to donate another elephant to the Philippine capital. She said Mali's long-time caretakers had been crying over her death, and added that Mali's transfer to a sanctuary was "never considered", given the length of her captivity. "She might seem alone, but she had us beside her," Ms Lacuna said in Tagalog, her voice cracking. "She was the face that greeted everyone who visited Manila Zoo. She is a part of our lives."

775791

abc-news

ABC News

BABA AHMED Associated Press

Mali's governmnet to probe ethnic rebel leaders, suggesting collapse of crucial 2015 peace deal

Mali’s military government has announced an investigation into ethnic rebel leaders who signed a peace agreement in 2015 to halt their quest for an independent state, a development experts say shows the crucial deal has collapsed

https://abcnews.go.com/International/wireStory/malis-governmnet-probe-ethnic-rebel-leaders-suggesting-collapse-105237002

2023-11-29 13:18:05

BAMAKO, Mali -- Mali's military government announced an investigation into ethnic rebel leaders who signed a peace agreement in 2015 to halt their quest for an independent state, a development expert… [+2192 chars]

Mali

BAMAKO, Mali --Mali's military government has announced an investigation into the Tuareg rebel leaders who signed a peace agreement in 2015 and now accuse the government of failing to comply with it, as experts worry that the deal crucial to establishing a measure of stability in the country's north is collapsing. The public prosecutor at the Bamako Court of Appeal on Tuesday ordered the probe into the rebel leaders who at times have sought to create the independent state of Azawad and have attacked Mali's security forces in recent months. The government of the West African nation has referred to the rebels as a “terrorist group.” The developments could mean more violence in a region already under threat from fighters linked to al-Qaida and where both U.N. peacekeepers and French forces have withdrawn in recent months. The Tuareg rebellion in Mali’s north has been a source of conflict for decades. More than a decade of instability has followed their rebellion in 2013, though i n 2015 the Tuareg rebel groups signed the peace deal with the government that was welcomed by the United Nations. In a televised statement, the public prosecutor announced that specialists in fighting terrorism and transnational organized crime would launch an investigation against "terrorist leaders and other signatories” to that agreement. Key leaders of the Tuareg rebellion were named in the statement as well as leaders of the al-Qaida-linked JNIM group. In recent months, some rebels have abandoned the agreement, signaling a rise in tensions between them and Mali’s military junta. Analysts have warned that the fragile peace agreement that had slowed violence over the years may crumble. “We can effectively say that the 2015 peace agreement has collapsed,” said Shaantanu Shankar, country analyst for Africa at the Economist Intelligence Unit. “The Malian junta is facing serious problems with jihadi terrorism on one front and at the same time trying to fight an armed political movement and the rebels in the north, so the junta is overstretched," he said. Mali’s military recently seized control of the northern town of Kidal, dominated by the rebels for nearly a decade. The military will focus on sustaining stability in the town as well as in central and southern Mali, which play a crucial role in the nation's economy, Shankar said. ___ Associated Press writer Chinedu Asadu in Abuja,Nigeriacontributed to this report.

775796

nan

International Business Times

Gersende RAMBOURG

Journalist's Personal Battle As Burkina Militants Target Women

Award-winning journalist Mariam Ouedraogo finds it impossible to forget the heartbreaking stories she has covered about sexual assault in Burkina Faso's jihadist war.

https://www.ibtimes.com/journalists-personal-battle-burkina-militants-target-women-3719674

2023-11-29 11:06:31

Award-winning journalist Mariam Ouedraogo finds it impossible to forget the heartbreaking stories she has covered about sexual assault in Burkina Faso's jihadist war. The women who have been raped, … [+3781 chars]

Mali

Award-winning journalist Mariam Ouedraogo finds it impossible to forget the heartbreaking stories she has covered about sexual assault in Burkina Faso's jihadist war. The women who have been raped, she told AFP, are sometimes attacked "en masse, sometimes in public, in front of a husband, in front of children." "These stories leave permanent marks," said Ouedraogo, who has been reporting on the jihadist violence since the attacks started in 2015. The 42-year-old -- who last year became the first African woman to win the Bayeux prize for war reporters -- told of her personal battle at a Johannesburg media conference last week. "It is my duty," she said of her reporting. After Mali and Niger, Burkina Faso, an impoverished state of 22 million, is now beset by violence from militants linked to the Islamic State group and Al-Qaeda. They have attacked isolated villages and started encroaching on the capital, Ouagadougou. More than 17,000 civilians and soldiers have died, more than two million people have fled their homes, and the attacks are worsening. On November 5, at least 70 people, including dozens of children and the elderly, were killed in the town of Zaongo. A military junta that seized power in September last year has started conscripting all men over 18 for its anti-jihadist campaign. Ouedraogo, a reporter for Sidwaya, a state-owned daily, focuses on the "sexual violence linked to terrorism". It is a difficult topic, she said. "In Burkina, everything that concerns sexuality is taboo." That includes rape by militants. Victims do not like to talk "because that affects their intimate self, their dignity". Ouedraogo, mother of a seven-year-old daughter, has maintained strong links to the women who have trusted her with their stories. She listens and follows the women's progress. Some are disowned by their families. There are unwanted and traumatic pregnancies. Ouedraogo said she sometimes cannot keep the necessary distance from her story and becomes overwhelmed. She can sense the symptoms of post-traumatic stress disorder -- insomnia, anxiety and depression. "Each time they tell of the rapes, it is as if I have been raped," said Ouedraogo. The women still call her each time they feel threatened or distressed. "Each time I feel powerless," Ouedraogo said, adding that she is persecuted by "internal strife". Ouedraogo wrote about life's vulnerable victims even before the jihadist uprising. She said her grandmother was a "woman of heart" who would care for all the "strays" in her district. "Our courtyard was like a refuge for people in difficulty, the homeless, the widowed, the orphaned." Ouedraogo said that if she went out and left a pair of shoes lying around, her grandmother would give them away. "She said that my sisters and I had plenty, that we did not need them." When the attacks started, Ouedraogo at first wrote about women who set up self-defence groups. Then she started wondering why, in the mass killings, the women were not always killed. "I started to understand that they were traumatised in other ways. "I found out how they were raped, kidnapped and locked up." Ouedraogo said she follows her grandmother's sense of justice through her journalism. "I am sensitive to human suffering. I see the little things around me that others might consider ordinary. "I detect everything that could cause pain." Ouedraogo talked of her sleepless nights. "I am out in the action, between the army and the terrorists. I warn the people: 'Run! They are coming. They're here'. "Every morning, I wake up exhausted." But Ouedraogo said she will not stop. "I will continue on the topic of rape. These women need me." From Ouagadougou, Ouedraogo regularly travels up to 100 kilometres (60 miles) to see displaced, homeless women. "There is no zero risk. They (the militants) are everywhere and no-one is safe," she said with resignation. "We are scared but we go anyway."

775816

nan

Phys.Org

Science X

Elephant at center of animal rights campaign dies in Philippine zoo

An elderly elephant has died in a Philippine zoo, an official said Wednesday, after a failed global campaign to relocate her to an animal sanctuary.

https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.html

2023-11-29 08:46:38

An elderly elephant has died in a Philippine zoo, an official said Wednesday, after a failed global campaign to relocate her to an animal sanctuary. Mali had been a popular attraction at Manila Zoo,… [+2734 chars]

Mali

An elderly elephant has died in a Philippine zoo, an official said Wednesday, after a failed global campaign to relocate her to an animal sanctuary.Mali had been a popular attraction at Manila Zoo, where animal rights activists say she was kept for decades in "solitary confinement" in a concrete enclosure.Before her death on Tuesday, the approximately 43-year-old elephant won the support of Catholic bishops, a global pop star and a Nobel laureate—all of whom pushed for her transfer on the grounds she had been mistreated."Mali was our prized possession and was the star attraction here at the Manila Zoo," Manila City Mayor Honey Lacuna told a news conference at the facility."It saddens me because she was part of our lives," she said, recalling how her parents took her to the zoo when she was a child.Mali, who was brought from Sri Lanka to Manila when she was 11 months old, was the last surviving elephant at the zoo after her companion Shiva died in 1990, Lacuna said.An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Mali had been a popular attraction at Manila Zoo, where animal rights activists say she was kept for decades in "solitary confinement" in a concrete enclosure.Before her death on Tuesday, the approximately 43-year-old elephant won the support of Catholic bishops, a global pop star and a Nobel laureate—all of whom pushed for her transfer on the grounds she had been mistreated."Mali was our prized possession and was the star attraction here at the Manila Zoo," Manila City Mayor Honey Lacuna told a news conference at the facility."It saddens me because she was part of our lives," she said, recalling how her parents took her to the zoo when she was a child.Mali, who was brought from Sri Lanka to Manila when she was 11 months old, was the last surviving elephant at the zoo after her companion Shiva died in 1990, Lacuna said.An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Mali had been a popular attraction at Manila Zoo, where animal rights activists say she was kept for decades in "solitary confinement" in a concrete enclosure.Before her death on Tuesday, the approximately 43-year-old elephant won the support of Catholic bishops, a global pop star and a Nobel laureate—all of whom pushed for her transfer on the grounds she had been mistreated."Mali was our prized possession and was the star attraction here at the Manila Zoo," Manila City Mayor Honey Lacuna told a news conference at the facility."It saddens me because she was part of our lives," she said, recalling how her parents took her to the zoo when she was a child.Mali, who was brought from Sri Lanka to Manila when she was 11 months old, was the last surviving elephant at the zoo after her companion Shiva died in 1990, Lacuna said.An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Before her death on Tuesday, the approximately 43-year-old elephant won the support of Catholic bishops, a global pop star and a Nobel laureate—all of whom pushed for her transfer on the grounds she had been mistreated."Mali was our prized possession and was the star attraction here at the Manila Zoo," Manila City Mayor Honey Lacuna told a news conference at the facility."It saddens me because she was part of our lives," she said, recalling how her parents took her to the zoo when she was a child.Mali, who was brought from Sri Lanka to Manila when she was 11 months old, was the last surviving elephant at the zoo after her companion Shiva died in 1990, Lacuna said.An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. "Mali was our prized possession and was the star attraction here at the Manila Zoo," Manila City Mayor Honey Lacuna told a news conference at the facility."It saddens me because she was part of our lives," she said, recalling how her parents took her to the zoo when she was a child.Mali, who was brought from Sri Lanka to Manila when she was 11 months old, was the last surviving elephant at the zoo after her companion Shiva died in 1990, Lacuna said.An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. "It saddens me because she was part of our lives," she said, recalling how her parents took her to the zoo when she was a child.Mali, who was brought from Sri Lanka to Manila when she was 11 months old, was the last surviving elephant at the zoo after her companion Shiva died in 1990, Lacuna said.An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Mali, who was brought from Sri Lanka to Manila when she was 11 months old, was the last surviving elephant at the zoo after her companion Shiva died in 1990, Lacuna said.An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. An autopsy found that Mali hadpancreatic cancer, zoo veterinarian Heinrich Domingo told reporters, rejecting accusations she had been neglected."We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. "We were her family," he said.Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Social media users expressed sadness over Mali's death, while also criticizing the zoo andgovernment officialsfor refusing to send her to an animal sanctuary."No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. "No more small enclosure for you. Run free Mali," Lemuel Bueno posted on Facebook.Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Another user said, "they killed her long before her physical death".People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. People for the Ethical Treatment of Animals (PETA) accused the zoo and the government of ignoring Mali's "clearly painful foot problems" and sentencing her to decades of torturous "solitary confinement"."Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. "Mali the elephant died the same way she had lived for nearly 50 years: alone in a concrete pen at the Manila Zoo," the group said.PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. PETA began campaigning for Mali to be removed from the zoo in 2005, drawing support from British pop star Morrissey, animal welfare campaigner Jane Goodall, Nobel laureate in literature J.M. Coetzee and local bishops.They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. They signed letters to the Philippine government appealing for the elephant to be transferred to a Thailand sanctuary.Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Lacuna defended the decision to keep Mali at Manila Zoo, saying she would not have been able to "survive outside" after so long in captivity.She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. She said the government would take Sri Lankan officials up on an offer to replace Mali when she died.Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Mali's skeleton would eventually be displayed at the zoo museum, Lacuna said.© 2023 AFPCitation: Elephant at center of animal rights campaign dies in Philippine zoo (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-elephant-center-animal-rights-campaign.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. © 2023 AFP

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BBC News

Joel Guinto

Philippines: World's 'saddest' elephant dies in Manila zoo

Bittersweet tributes pour in for Mali, who spent more than four decades all by herself.

https://www.bbc.com/news/world-asia-67563146

2023-11-29 07:27:58

Mali spent decades alone in the Manila Zoo An elephant christened by activists as one of the world's "saddest" has died at a Philippine zoo, where she lived almost all her life alone in a pen. Trib… [+4161 chars]

Mali

An elephant christened by activists as one of the world's "saddest" has died at a Philippine zoo, where she lived almost all her life alone in a pen. Tributes have poured in for Mali, who was the star attraction at Manila Zoo for four decades and much beloved. But the lonely plight of the country's only elephant was a long-running concern for animal rights activists. One of them was Sir Paul McCartney, who asked authorities to transfer Mali to an elephant sanctuary. Mali's death on Tuesday was announced in a Facebook video by Manila mayor Honey Lacuna, who said visits to the zoo to see Mali were among her happiest childhood memories. Last Friday, the Asian elephant was seen constantly rubbing her trunk against a wall, which indicated that she was in pain, the zoo's chief veterinarian Dr Heinrich Patrick Peña-Domingo said. By early Tuesday, Mali was lying on her side and breathing heavily. Veterinarians administered antihistamines and vitamins but she died later that afternoon. An autopsy found that she had cancer in some of her organs, as well as a blockage in her aorta. Mali, whose full name is Vishwa Ma'ali, was gifted to former Philippine first lady Imelda Marcos by the Sri Lankan government in 1981, when she was 11 months old.Manila Zoo was also home to another elephant, Shiva, who arrived in 1977 and died in 1990. Mali had been the zoo's only elephant since then. At the height of the pandemic, the Manila Zoo also served as a vaccination site for children, where Mali kept them entertained. Animal rights activists criticised the decrepit conditions at Manila Zoo and said its keepers were ill-equipped to provide Mali with proper medical care. Zoo authorities however argued that the elephant was best kept in captivity as she had not known what life was like in the wild. In a letter to then President Benigno Aquino III in 2012, Sir Paul described footage he saw of Mali in captivity as "heartbreaking". "I am writing to add my voice to the many others who are supporting the transfer of Mali, the lonely elephant currently being held at the Manila Zoo, to a sanctuary in Thailand as soon as possible," he said. Former Smiths frontman Morrissey made a similar written appeal, but Mali remained at Manila Zoo. "One of the world's saddest elephants has passed away," People for the Ethical Treatment of Animals (Peta) said. "Rest in peace, Mali, you deserve so much more." On X, formerly Twitter, different generations of Filipinos recalled how school field trips in Manila would always include a visit to Mali, and lamented the fact that she died alone. One user recalled her first sight of Mali 11 years ago. "Seeing Mali walking around, you will feel how lonely this elephant is. It broke my heart... and now it was announced that Mali has died." "Sad about Mali, the famous elephant here in the Philippines passing away. Hoping no more elephants will be confined to zoos," another X user wrote. At a press conference on Wednesday, the Manila mayor told reporters that she would ask the Sri Lankan government to donate another elephant to the Philippine capital. She said Mali's long-time caretakers had been crying over her death, and added that Mali's transfer to a sanctuary was "never considered", given the length of her captivity. "She might seem alone, but she had us beside her," Ms Lacuna said in Tagalog, her voice cracking. "She was the face that greeted everyone who visited Manila Zoo. She is a part of our lives."

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ETF Daily News

MarketBeat News

Hess (NYSE:HES) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Hess (NYSE:HES – Free Report) in a report released on Saturday. The firm issued a sell rating on the oil and gas producer’s stock. Several other research firms have also commented on HES. Susquehanna restated a neut…

https://www.etfdailynews.com/2023/11/29/hess-nysehes-now-covered-by-analysts-at-stocknews-com/

https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/hess-corp-logo.jpg&w=240&h=240&zc=2

2023-11-29 06:56:42

StockNews.com started coverage on shares of Hess (NYSE:HES – Free Report) in a report released on Saturday. The firm issued a sell rating on the oil and gas producer’s stock. Several other research … [+5357 chars]

Malaysia

StockNews.comstarted coverage on shares ofHess (NYSE:HES–Free Report)in a report released on Saturday. The firm issued a sell rating on the oil and gas producer’s stock. Several other research firms have also commented on HES. Susquehanna restated a neutral rating and issued a $160.00 price target (down previously from $197.00) on shares of Hess in a report on Thursday, October 26th. Argus upgraded shares of Hess from a hold rating to a buy rating and set a $171.00 price objective for the company in a research note on Tuesday, November 7th. Sanford C. Bernstein lowered shares of Hess from an outperform rating to a market perform rating and reduced their price objective for the stock from $189.00 to $166.00 in a research note on Thursday, November 2nd. Citigroup boosted their price objective on shares of Hess from $155.00 to $163.00 and gave the stock a neutral rating in a research note on Wednesday, October 18th. Finally, Piper Sandler boosted their price objective on shares of Hess from $167.00 to $169.00 and gave the stock an overweight rating in a research note on Monday, October 9th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and an average price target of $173.06. Read Our Latest Research Report on HES Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverNYSE:HESopened at $145.68 on Friday. Hess has a one year low of $113.82 and a one year high of $167.75. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.20 and a current ratio of 1.31. The firm has a market cap of $44.75 billion, a P/E ratio of 28.07 and a beta of 1.53. The firm has a 50-day simple moving average of $149.83 and a 200-day simple moving average of $145.78. Hess (NYSE:HES–Get Free Report) last posted its quarterly earnings results on Wednesday, October 25th. The oil and gas producer reported $1.64 EPS for the quarter, beating the consensus estimate of $1.24 by $0.40. Hess had a net margin of 14.94% and a return on equity of 18.06%. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the previous year, the business posted $1.89 EPS. The company’s quarterly revenue was down 27.3% compared to the same quarter last year. Equities analysts anticipate that Hess will post 5.06 EPS for the current fiscal year. The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, September 18th were paid a $0.4375 dividend. The ex-dividend date was Friday, September 15th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 1.20%. Hess’s payout ratio is currently 33.72%. In other news, SVPBarbara J. Lowery-Yilmazsold 24,319 shares of the stock in a transaction on Friday, September 1st. The shares were sold at an average price of $156.91, for a total value of $3,815,894.29. Following the sale, the senior vice president now owns 113,670 shares in the company, valued at $17,835,959.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed throughthis hyperlink. Company insiders own 9.91% of the company’s stock. Several hedge funds and other institutional investors have recently added to or reduced their stakes in HES. Victory Capital Management Inc. grew its position in Hess by 581.9% during the third quarter. Victory Capital Management Inc. now owns 2,342,311 shares of the oil and gas producer’s stock valued at $358,374,000 after buying an additional 1,998,824 shares during the period. Invesco Ltd. lifted its holdings in Hess by 44.1% during the third quarter. Invesco Ltd. now owns 3,610,484 shares of the oil and gas producer’s stock valued at $552,404,000 after purchasing an additional 1,105,204 shares in the last quarter. FMR LLC lifted its holdings in Hess by 2.4% during the third quarter. FMR LLC now owns 37,239,078 shares of the oil and gas producer’s stock valued at $5,697,579,000 after purchasing an additional 889,122 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in Hess by 703.2% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 1,007,485 shares of the oil and gas producer’s stock valued at $154,146,000 after purchasing an additional 882,045 shares in the last quarter. Finally, Woodline Partners LP purchased a new position in Hess during the second quarter valued at $113,801,000. Institutional investors and hedge funds own 81.72% of the company’s stock. (Get Free Report) Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S.

775981

bbc-news

BBC News

https://www.facebook.com/bbcnews

British-Nigerian hacker pleads guilty to $6m fraud in US court

Idris Dayo Mustapha, 33, was part of a ring that hacked into the accounts of American firms.

https://www.bbc.co.uk/news/world-us-canada-67563286

2023-11-29 10:40:11

A British-Nigerian man has confessed in a US court to defrauding and stealing more than $6m (£4.7m) over seven years. Idris Dayo Mustapha, 33, was part of a hacking ring that infiltrated email and b… [+983 chars]

Nigeria

A British-Nigerian man has confessed in a US court to defrauding and stealing more than $6m (£4.7m) over seven years. Idris Dayo Mustapha, 33, was part of a hacking ring that infiltrated email and brokerage accounts of US firms between 2011 and 2018, causing losses worth $6m (£4.7m), officials said. A dual national of the UK and Nigeria, Mustapha was extradited from the UK in August, two years after his arrest. His crimes carry a jail term of up to 20 years. He has not yet been sentenced. Mustapha pleaded guilty plea at a court in Brooklyn, New York, on Tuesday to four charges: computer intrusion, securities fraud, wire fraud and access device fraud. Authorities say Mustapha and his ring hacked into the computer servers of financial institutions in the US to access confidential user data, such as users' personal identifying information. They then used the stolen information and passwords to wire funds and transfer securities from the accounts of their victims to accounts under their control. They also used the hacked accounts to conduct stock trades without the knowledge of the account holder. US authorities had been pursuing Mustapha for several years.

775984

nan

The Punch

Henry Falaiye

Our members are competent – ICAN

The Institute of Chartered Accountants of Nigeria has said that its members across Nigeria and beyond would never be caught in any act of financial indiscipline, or any form of malfeasance in every sphere of their operations. The 59th President of ICAN, Dr In…

https://punchng.com/our-members-are-competent-ican/

2023-11-29 00:40:29

The Institute of Chartered Accountants of Nigeria has said that its members across Nigeria and beyond would never be caught in any act of financial indiscipline, or any form of malfeasance in every s… [+1888 chars]

Nigeria

The Institute of Chartered Accountants of Nigeria has said that its members across Nigeria and beyond would never be caught in any act of financial indiscipline, or any form of malfeasance in every sphere of their operations.The 59th President of ICAN, Dr Innocent Okwuosa, made this assertion during the annual dinner and awards ceremony organised by the Ikorodu chapter of ICAN Ikorodu.Owkuosa, who was represented at the event by the Coordinator of ICAN, Ikorodu District, Mr Mbang Esu, affirmed that its members have been kept on watch, and the governing council of the institute would not hesitate to raise the harmer on any member found wanting in their discharge of professional responsibilities and obligations.He charged its members to uphold the tenets of accountability and responsibilities and avoid unethical behaviours and financial rascality.“Have you heard that any ICAN member was found in any unwholesome act, especially in the public sector? We abide by the principles and values of professionalism, and our motto is Accuracy and Integrity, so we are all aware, that we dare not be mentioned in any act of financial irresponsibility, indiscipline, imprudence, or rascality” he stated.Related NewsGovernorship Election Live UpdatesPlan for retirement, society advises female accountantsPrioritise financial stability, ICAN tells new accountant generalCITN, others oppose bill to make ICAN regulate tax practiceSpeaking on the awards, the ICAN Treasurer, Oluwatobi Abiola, said the awards were given to distinguish persons to inspire them to make more impacts on the economy.“If it is not ICAN, it can never be ICAN. I urged the government across levels to engage Chartered accountants in appointments of sensitive financial portfolios to avoid stories that touch the heart. We are rare breeds,” he said.Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. The 59th President of ICAN, Dr Innocent Okwuosa, made this assertion during the annual dinner and awards ceremony organised by the Ikorodu chapter of ICAN Ikorodu.Owkuosa, who was represented at the event by the Coordinator of ICAN, Ikorodu District, Mr Mbang Esu, affirmed that its members have been kept on watch, and the governing council of the institute would not hesitate to raise the harmer on any member found wanting in their discharge of professional responsibilities and obligations.He charged its members to uphold the tenets of accountability and responsibilities and avoid unethical behaviours and financial rascality.“Have you heard that any ICAN member was found in any unwholesome act, especially in the public sector? We abide by the principles and values of professionalism, and our motto is Accuracy and Integrity, so we are all aware, that we dare not be mentioned in any act of financial irresponsibility, indiscipline, imprudence, or rascality” he stated.Related NewsGovernorship Election Live UpdatesPlan for retirement, society advises female accountantsPrioritise financial stability, ICAN tells new accountant generalCITN, others oppose bill to make ICAN regulate tax practiceSpeaking on the awards, the ICAN Treasurer, Oluwatobi Abiola, said the awards were given to distinguish persons to inspire them to make more impacts on the economy.“If it is not ICAN, it can never be ICAN. I urged the government across levels to engage Chartered accountants in appointments of sensitive financial portfolios to avoid stories that touch the heart. We are rare breeds,” he said.Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. Owkuosa, who was represented at the event by the Coordinator of ICAN, Ikorodu District, Mr Mbang Esu, affirmed that its members have been kept on watch, and the governing council of the institute would not hesitate to raise the harmer on any member found wanting in their discharge of professional responsibilities and obligations.He charged its members to uphold the tenets of accountability and responsibilities and avoid unethical behaviours and financial rascality.“Have you heard that any ICAN member was found in any unwholesome act, especially in the public sector? We abide by the principles and values of professionalism, and our motto is Accuracy and Integrity, so we are all aware, that we dare not be mentioned in any act of financial irresponsibility, indiscipline, imprudence, or rascality” he stated.Related NewsGovernorship Election Live UpdatesPlan for retirement, society advises female accountantsPrioritise financial stability, ICAN tells new accountant generalCITN, others oppose bill to make ICAN regulate tax practiceSpeaking on the awards, the ICAN Treasurer, Oluwatobi Abiola, said the awards were given to distinguish persons to inspire them to make more impacts on the economy.“If it is not ICAN, it can never be ICAN. I urged the government across levels to engage Chartered accountants in appointments of sensitive financial portfolios to avoid stories that touch the heart. We are rare breeds,” he said.Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. He charged its members to uphold the tenets of accountability and responsibilities and avoid unethical behaviours and financial rascality.“Have you heard that any ICAN member was found in any unwholesome act, especially in the public sector? We abide by the principles and values of professionalism, and our motto is Accuracy and Integrity, so we are all aware, that we dare not be mentioned in any act of financial irresponsibility, indiscipline, imprudence, or rascality” he stated.Related NewsGovernorship Election Live UpdatesPlan for retirement, society advises female accountantsPrioritise financial stability, ICAN tells new accountant generalCITN, others oppose bill to make ICAN regulate tax practiceSpeaking on the awards, the ICAN Treasurer, Oluwatobi Abiola, said the awards were given to distinguish persons to inspire them to make more impacts on the economy.“If it is not ICAN, it can never be ICAN. I urged the government across levels to engage Chartered accountants in appointments of sensitive financial portfolios to avoid stories that touch the heart. We are rare breeds,” he said.Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. “Have you heard that any ICAN member was found in any unwholesome act, especially in the public sector? We abide by the principles and values of professionalism, and our motto is Accuracy and Integrity, so we are all aware, that we dare not be mentioned in any act of financial irresponsibility, indiscipline, imprudence, or rascality” he stated.Related NewsGovernorship Election Live UpdatesPlan for retirement, society advises female accountantsPrioritise financial stability, ICAN tells new accountant generalCITN, others oppose bill to make ICAN regulate tax practiceSpeaking on the awards, the ICAN Treasurer, Oluwatobi Abiola, said the awards were given to distinguish persons to inspire them to make more impacts on the economy.“If it is not ICAN, it can never be ICAN. I urged the government across levels to engage Chartered accountants in appointments of sensitive financial portfolios to avoid stories that touch the heart. We are rare breeds,” he said.Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. Speaking on the awards, the ICAN Treasurer, Oluwatobi Abiola, said the awards were given to distinguish persons to inspire them to make more impacts on the economy.“If it is not ICAN, it can never be ICAN. I urged the government across levels to engage Chartered accountants in appointments of sensitive financial portfolios to avoid stories that touch the heart. We are rare breeds,” he said.Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. “If it is not ICAN, it can never be ICAN. I urged the government across levels to engage Chartered accountants in appointments of sensitive financial portfolios to avoid stories that touch the heart. We are rare breeds,” he said.Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. Meanwhile, a female fellow of the Institute, Mrs Hassana Silas, promised that the Society of Women Accountants of Nigeria would continue to push forward to ensure that more women were brought on board.“Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added. “Potential and prospective female accounting students should not give up; we have a place of relevance in the accounting world. Women are making waves in the accounting world, and there is still enough room for more women to come in and soar in this noble profession,” she added.

775988

nan

The Punch

Animashaun Salman

Drop Niger Republic sanctions, Sokoto PDP chieftain tells Tinubu

A chieftain of the Peoples Democratic Party in Sokoto State, Kabiru Aliyu, has called on the Chairman of the Economic Community of West Africa States and the President of the Federal Republic of Nigeria, Bola Tinubu, to immediately review the sanctions impose…

https://punchng.com/drop-niger-republic-sanctions-sokoto-pdp-chieftain-tells-tinubu/

2023-11-29 00:44:22

A chieftain of the Peoples Democratic Party in Sokoto State, Kabiru Aliyu, has called on the Chairman of the Economic Community of West Africa States and the President of the Federal Republic of Nige… [+2504 chars]

Nigeria

A chieftain of the Peoples Democratic Party in Sokoto State, Kabiru Aliyu, has called on the Chairman of the Economic Community of West Africa States and the President of the Federal Republic of Nigeria, Bola Tinubu, to immediately review the sanctions imposed on Niger Republic.Aliyu, while speaking withArewa PUNCHduring an exclusive interview, called on the president to reconsider some of the stringent sanctions placed on that country, noting that the sanctions have no direct consequences on the coup plotters but on the ordinary citizens of the country.Arewa PUNCHrecalls that following the bloodless coup d’etat by the military junta in the neighbouring country, the leadership of ECOWAS, led by President Bola Tinubu announced some tough sanctions which included the total closure of all land borders with the country.“I think it is not just about reopening the borders but also the resumption of all the remaining suspended protocols that have been breached.“I am talking of things like supplying electricity to the Niger Republic which was based on a contract or agreement and was breached.“Nigeria is at fault, we have no right to stop the electricity supply to that country because, in the agreement reached, Nigeriens are not allowed to construct any Dam in their own place so that the supply of water will directly come to Nigeria,” Aliyu stated.Related NewsGovernorship Election Live UpdatesHe stressed that “if the Niger Republic decides to construct the dam in their country to damn Nigeria and stand in the way of our own hydro-electricity, we will definitely not have enough water to power our own hydro-electricity.”He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” Aliyu, while speaking withArewa PUNCHduring an exclusive interview, called on the president to reconsider some of the stringent sanctions placed on that country, noting that the sanctions have no direct consequences on the coup plotters but on the ordinary citizens of the country.Arewa PUNCHrecalls that following the bloodless coup d’etat by the military junta in the neighbouring country, the leadership of ECOWAS, led by President Bola Tinubu announced some tough sanctions which included the total closure of all land borders with the country.“I think it is not just about reopening the borders but also the resumption of all the remaining suspended protocols that have been breached.“I am talking of things like supplying electricity to the Niger Republic which was based on a contract or agreement and was breached.“Nigeria is at fault, we have no right to stop the electricity supply to that country because, in the agreement reached, Nigeriens are not allowed to construct any Dam in their own place so that the supply of water will directly come to Nigeria,” Aliyu stated.Related NewsGovernorship Election Live UpdatesHe stressed that “if the Niger Republic decides to construct the dam in their country to damn Nigeria and stand in the way of our own hydro-electricity, we will definitely not have enough water to power our own hydro-electricity.”He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” Arewa PUNCHrecalls that following the bloodless coup d’etat by the military junta in the neighbouring country, the leadership of ECOWAS, led by President Bola Tinubu announced some tough sanctions which included the total closure of all land borders with the country.“I think it is not just about reopening the borders but also the resumption of all the remaining suspended protocols that have been breached.“I am talking of things like supplying electricity to the Niger Republic which was based on a contract or agreement and was breached.“Nigeria is at fault, we have no right to stop the electricity supply to that country because, in the agreement reached, Nigeriens are not allowed to construct any Dam in their own place so that the supply of water will directly come to Nigeria,” Aliyu stated.Related NewsGovernorship Election Live UpdatesHe stressed that “if the Niger Republic decides to construct the dam in their country to damn Nigeria and stand in the way of our own hydro-electricity, we will definitely not have enough water to power our own hydro-electricity.”He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” “I think it is not just about reopening the borders but also the resumption of all the remaining suspended protocols that have been breached.“I am talking of things like supplying electricity to the Niger Republic which was based on a contract or agreement and was breached.“Nigeria is at fault, we have no right to stop the electricity supply to that country because, in the agreement reached, Nigeriens are not allowed to construct any Dam in their own place so that the supply of water will directly come to Nigeria,” Aliyu stated.Related NewsGovernorship Election Live UpdatesHe stressed that “if the Niger Republic decides to construct the dam in their country to damn Nigeria and stand in the way of our own hydro-electricity, we will definitely not have enough water to power our own hydro-electricity.”He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” “I am talking of things like supplying electricity to the Niger Republic which was based on a contract or agreement and was breached.“Nigeria is at fault, we have no right to stop the electricity supply to that country because, in the agreement reached, Nigeriens are not allowed to construct any Dam in their own place so that the supply of water will directly come to Nigeria,” Aliyu stated.Related NewsGovernorship Election Live UpdatesHe stressed that “if the Niger Republic decides to construct the dam in their country to damn Nigeria and stand in the way of our own hydro-electricity, we will definitely not have enough water to power our own hydro-electricity.”He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” “Nigeria is at fault, we have no right to stop the electricity supply to that country because, in the agreement reached, Nigeriens are not allowed to construct any Dam in their own place so that the supply of water will directly come to Nigeria,” Aliyu stated.Related NewsGovernorship Election Live UpdatesHe stressed that “if the Niger Republic decides to construct the dam in their country to damn Nigeria and stand in the way of our own hydro-electricity, we will definitely not have enough water to power our own hydro-electricity.”He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” He stressed that “if the Niger Republic decides to construct the dam in their country to damn Nigeria and stand in the way of our own hydro-electricity, we will definitely not have enough water to power our own hydro-electricity.”He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” He insisted, “It is not as if we are doing any favour to the Niger Republic but it is an agreement that has to be honoured by both countries which none of them has a bilateral right to withdraw from unless both of them sit and decide on it”He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” He also advised the Federal Government to take a better look into the relationship which hitherto existed between the duo, especially the Niger Republic and the Northern people in Nigeria which is so close that whatever affects them will also have a direct effect on Northern Nigeria especially Sokoto, Kano, Katsina, Yobe and others that share a border with them.Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” Aliyu maintained, “To me, any punishment meted out to the Niger Republic is like punishing the Northern Nigeria, if someone has not told Mr President then, it is high time he knew and acted accordingly.“Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.” “Some of the measures against the Niger Republic must be relaxed. There are ways you can punish the leadership by initiating against them a travelling ban and such others. Not punishing the citizens, you are even making the citizens more aggressive and supporting the leadership of the country.”

775990

nan

The Punch

John Charles

Benue gov asks hunters to join in fighting crime

Benue State Governor, Hyacinth Alia, on Wednesday, urged the operatives of the Nigeria Hunters and Forest Security Service to sharpen their skills in combating crime in the state. The governor stated this during the closing of a four-day capacity training at …

https://punchng.com/benue-gov-asks-hunters-to-join-in-fighting-crime/

2023-11-29 14:00:41

Benue State Governor, Hyacinth Alia, on Wednesday, urged the operatives of the Nigeria Hunters and Forest Security Service to sharpen their skills in combating crime in the state. The governor state… [+1574 chars]

Nigeria

Benue State Governor, Hyacinth Alia, on Wednesday, urged the operatives of the Nigeria Hunters and Forest Security Service to sharpen their skills in combating crime in the state.The governor stated this during the closing of a four-day capacity training at the 72 Special Forces Battalion, in Makurdi, the state capital.Alia urged the operatives to make themselves visible and complement the efforts of  other security agencies in crime fighting, adding that while carrying out their assignments, they should respect the human rights of law-abiding citizensHe said contrary to the belief in some quarters, relative peace had returned to the state.The governor said, “I am sure. that the capacity training you have received from men of the 72 Special Forces Battalion has sharpened your skills to face the task ahead.“I also urge you to make yourselves visible and complement the efforts of other security agencies in crime fighting and above all, respect the human rights of law-abiding citizens.”Related NewsGovernorship Election Live UpdatesUPDATED: A'Court affirms Benue Gov's victoryI have no issue with Benue gov, says AkumeNarrative on N359bn debt false, contradictory – Ex-gov’s aideWhile expressing appreciation to the NHFSS for public safety, the governor noted that they have come to stay as they remain instrumental despite the challenges confronting the state.Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. The governor stated this during the closing of a four-day capacity training at the 72 Special Forces Battalion, in Makurdi, the state capital.Alia urged the operatives to make themselves visible and complement the efforts of  other security agencies in crime fighting, adding that while carrying out their assignments, they should respect the human rights of law-abiding citizensHe said contrary to the belief in some quarters, relative peace had returned to the state.The governor said, “I am sure. that the capacity training you have received from men of the 72 Special Forces Battalion has sharpened your skills to face the task ahead.“I also urge you to make yourselves visible and complement the efforts of other security agencies in crime fighting and above all, respect the human rights of law-abiding citizens.”Related NewsGovernorship Election Live UpdatesUPDATED: A'Court affirms Benue Gov's victoryI have no issue with Benue gov, says AkumeNarrative on N359bn debt false, contradictory – Ex-gov’s aideWhile expressing appreciation to the NHFSS for public safety, the governor noted that they have come to stay as they remain instrumental despite the challenges confronting the state.Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. Alia urged the operatives to make themselves visible and complement the efforts of  other security agencies in crime fighting, adding that while carrying out their assignments, they should respect the human rights of law-abiding citizensHe said contrary to the belief in some quarters, relative peace had returned to the state.The governor said, “I am sure. that the capacity training you have received from men of the 72 Special Forces Battalion has sharpened your skills to face the task ahead.“I also urge you to make yourselves visible and complement the efforts of other security agencies in crime fighting and above all, respect the human rights of law-abiding citizens.”Related NewsGovernorship Election Live UpdatesUPDATED: A'Court affirms Benue Gov's victoryI have no issue with Benue gov, says AkumeNarrative on N359bn debt false, contradictory – Ex-gov’s aideWhile expressing appreciation to the NHFSS for public safety, the governor noted that they have come to stay as they remain instrumental despite the challenges confronting the state.Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. He said contrary to the belief in some quarters, relative peace had returned to the state.The governor said, “I am sure. that the capacity training you have received from men of the 72 Special Forces Battalion has sharpened your skills to face the task ahead.“I also urge you to make yourselves visible and complement the efforts of other security agencies in crime fighting and above all, respect the human rights of law-abiding citizens.”Related NewsGovernorship Election Live UpdatesUPDATED: A'Court affirms Benue Gov's victoryI have no issue with Benue gov, says AkumeNarrative on N359bn debt false, contradictory – Ex-gov’s aideWhile expressing appreciation to the NHFSS for public safety, the governor noted that they have come to stay as they remain instrumental despite the challenges confronting the state.Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. The governor said, “I am sure. that the capacity training you have received from men of the 72 Special Forces Battalion has sharpened your skills to face the task ahead.“I also urge you to make yourselves visible and complement the efforts of other security agencies in crime fighting and above all, respect the human rights of law-abiding citizens.”Related NewsGovernorship Election Live UpdatesUPDATED: A'Court affirms Benue Gov's victoryI have no issue with Benue gov, says AkumeNarrative on N359bn debt false, contradictory – Ex-gov’s aideWhile expressing appreciation to the NHFSS for public safety, the governor noted that they have come to stay as they remain instrumental despite the challenges confronting the state.Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. “I also urge you to make yourselves visible and complement the efforts of other security agencies in crime fighting and above all, respect the human rights of law-abiding citizens.”Related NewsGovernorship Election Live UpdatesUPDATED: A'Court affirms Benue Gov's victoryI have no issue with Benue gov, says AkumeNarrative on N359bn debt false, contradictory – Ex-gov’s aideWhile expressing appreciation to the NHFSS for public safety, the governor noted that they have come to stay as they remain instrumental despite the challenges confronting the state.Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. While expressing appreciation to the NHFSS for public safety, the governor noted that they have come to stay as they remain instrumental despite the challenges confronting the state.Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. Alia, however, noted that there is relative peace in the state.Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. Meanwhile, the governor’s Special Adviser on security and internal matters, Joseph Har, lauded the active presence of the operatives in the state.He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. He said that the operatives had earlier arrested six persons for various crime offences which he said accounted for their usefulness in curbing crimes.Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives. Earlier, the State Commander,  NHFSS, Peter Ajonya, commended the battalion for the capacity training; and the governor, traditional rulers and all others, for their assistance and support given to the operatives.

775998

nan

The Punch

Solomon Odeniyi

Emefiele fails to perfect bail, EFCC opens N1.2bn trial

The Economic and Financial Crimes Commission, on Tuesday, opened its case in the N1.2bn procurement fraud trial of the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele. The trial opened before the Federal Capital Territory High Court, A…

https://punchng.com/emefiele-fails-to-perfect-bail-efcc-opens-n1-2bn-trial/

2023-11-29 00:50:37

The Economic and Financial Crimes Commission, on Tuesday, opened its case in the N1.2bn procurement fraud trial of the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele. The tr… [+2129 chars]

Nigeria

The Economic and Financial Crimes Commission, on Tuesday, opened its case in the N1.2bn procurement fraud trial of the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele.The trial opened before the Federal Capital Territory High Court, Abuja, with the EFCC calling three witnesses.The embattled ex-CBN helmsman was brought to court from the custodial facility of the  Kuje Correctional Centre in Abuja, indicating that he had yet to meet the N300m bail granted him last week by the court.The PUNCHreports that the EFCC arraigned Emefiele last week on six counts, wherein he was alleged to have committed the N1.2bn procurement fraud during his time as the CBN governor.At the resumed proceedings on Tuesday, the prosecuting counsel for the EFCC, Mr Rotimi Oyedepo (SAN), called an official of the the Corporate Affairs Commission,Samsideen Romanus, as the first witness.In his testimony, the CAC official told the court that Emefiele was neither a shareholder nor the owner of April 1616, a company he was alleged to have used his office to illegally favour in the procurement process.Related NewsGovernorship Election Live UpdatesCustoms hand over $54,000 bribe offered by tramadol importers to EFCCUPDATED: Court adjourns Emefiele's case till January 18EFCC warns Nigerians: Beware ATM, POS scams on the riseHe listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. The trial opened before the Federal Capital Territory High Court, Abuja, with the EFCC calling three witnesses.The embattled ex-CBN helmsman was brought to court from the custodial facility of the  Kuje Correctional Centre in Abuja, indicating that he had yet to meet the N300m bail granted him last week by the court.The PUNCHreports that the EFCC arraigned Emefiele last week on six counts, wherein he was alleged to have committed the N1.2bn procurement fraud during his time as the CBN governor.At the resumed proceedings on Tuesday, the prosecuting counsel for the EFCC, Mr Rotimi Oyedepo (SAN), called an official of the the Corporate Affairs Commission,Samsideen Romanus, as the first witness.In his testimony, the CAC official told the court that Emefiele was neither a shareholder nor the owner of April 1616, a company he was alleged to have used his office to illegally favour in the procurement process.Related NewsGovernorship Election Live UpdatesCustoms hand over $54,000 bribe offered by tramadol importers to EFCCUPDATED: Court adjourns Emefiele's case till January 18EFCC warns Nigerians: Beware ATM, POS scams on the riseHe listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. The embattled ex-CBN helmsman was brought to court from the custodial facility of the  Kuje Correctional Centre in Abuja, indicating that he had yet to meet the N300m bail granted him last week by the court.The PUNCHreports that the EFCC arraigned Emefiele last week on six counts, wherein he was alleged to have committed the N1.2bn procurement fraud during his time as the CBN governor.At the resumed proceedings on Tuesday, the prosecuting counsel for the EFCC, Mr Rotimi Oyedepo (SAN), called an official of the the Corporate Affairs Commission,Samsideen Romanus, as the first witness.In his testimony, the CAC official told the court that Emefiele was neither a shareholder nor the owner of April 1616, a company he was alleged to have used his office to illegally favour in the procurement process.Related NewsGovernorship Election Live UpdatesCustoms hand over $54,000 bribe offered by tramadol importers to EFCCUPDATED: Court adjourns Emefiele's case till January 18EFCC warns Nigerians: Beware ATM, POS scams on the riseHe listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. The PUNCHreports that the EFCC arraigned Emefiele last week on six counts, wherein he was alleged to have committed the N1.2bn procurement fraud during his time as the CBN governor.At the resumed proceedings on Tuesday, the prosecuting counsel for the EFCC, Mr Rotimi Oyedepo (SAN), called an official of the the Corporate Affairs Commission,Samsideen Romanus, as the first witness.In his testimony, the CAC official told the court that Emefiele was neither a shareholder nor the owner of April 1616, a company he was alleged to have used his office to illegally favour in the procurement process.Related NewsGovernorship Election Live UpdatesCustoms hand over $54,000 bribe offered by tramadol importers to EFCCUPDATED: Court adjourns Emefiele's case till January 18EFCC warns Nigerians: Beware ATM, POS scams on the riseHe listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. At the resumed proceedings on Tuesday, the prosecuting counsel for the EFCC, Mr Rotimi Oyedepo (SAN), called an official of the the Corporate Affairs Commission,Samsideen Romanus, as the first witness.In his testimony, the CAC official told the court that Emefiele was neither a shareholder nor the owner of April 1616, a company he was alleged to have used his office to illegally favour in the procurement process.Related NewsGovernorship Election Live UpdatesCustoms hand over $54,000 bribe offered by tramadol importers to EFCCUPDATED: Court adjourns Emefiele's case till January 18EFCC warns Nigerians: Beware ATM, POS scams on the riseHe listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. Samsideen Romanus, as the first witness.In his testimony, the CAC official told the court that Emefiele was neither a shareholder nor the owner of April 1616, a company he was alleged to have used his office to illegally favour in the procurement process.Related NewsGovernorship Election Live UpdatesCustoms hand over $54,000 bribe offered by tramadol importers to EFCCUPDATED: Court adjourns Emefiele's case till January 18EFCC warns Nigerians: Beware ATM, POS scams on the riseHe listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. In his testimony, the CAC official told the court that Emefiele was neither a shareholder nor the owner of April 1616, a company he was alleged to have used his office to illegally favour in the procurement process.Related NewsGovernorship Election Live UpdatesCustoms hand over $54,000 bribe offered by tramadol importers to EFCCUPDATED: Court adjourns Emefiele's case till January 18EFCC warns Nigerians: Beware ATM, POS scams on the riseHe listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. He listed the names of the shareholders as  Aminu Yaro, Maryam Abdullahi, and Saadatu Yaro.The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. The second witness, a compliance officer with a commercial bank, Remigious Ugwu, told the court how various sums of money in millions of naira were paid by the CBN into the April 1616 Investment Limited.Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. Ugwu said a sum of N39,060,465 was paid on October 19, 2020;  N421,953,488 on November 6, 2020, and N304,883,720 on November 23, 2020; N304, 883, 720  on January 1, 2021; and  N304, 883, 720 on March 23, 2021, by the Central Bank of Nigeria.He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. He told the court that none of the payments had Emefiele’s name, adding that he did not know the purpose of the payments.The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. The third witness, Deputy Director, Banking Services with CBN and former Secretary to the Major Contract Tendering Committee of the CBN, Oluwole Owoeye, said that his body was responsible for ensuring compliance with the Procurement Act.But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. But when cross-examined by Emefiele ‘s counsel,  Matthew Burkaa (SAN), Owoeye informed the court that his committee was not involved in the vetting of bidding for the award of contracts over which Emefiele is being prosecuted.Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024. Justice Hamza Muazu adjourned further proceedings till January 18 and 19, 2024.

776003

nan

The Punch

Bola Bamigbola

Adeleke approves N25,000 wage award for Osun workers, pensioners

Osun State Governor, Ademola Adeleke, has approved a sum of N15,000 wage award per worker in the state to cushion the harsh effects of fuel subsidy removal on them. Adeleke also approved a sum of N10,000 for each pensioner in the state in the same regard. The…

https://punchng.com/adeleke-approves-n25000-wage-award-for-osun-workers-pensioners/

2023-11-29 13:56:06

Osun State Governor, Ademola Adeleke, has approved a sum of N15,000 wage award per worker in the state to cushion the harsh effects of fuel subsidy removal on them. Adeleke also approved a sum of N1… [+1576 chars]

Nigeria

Osun State Governor, Ademola Adeleke, has approved a sum of N15,000 wage award per worker in the state to cushion the harsh effects of fuel subsidy removal on them.Adeleke also approved a sum of N10,000 for each pensioner in the state in the same regard.The approval was conveyed in a circular issued by the Permanent Secretary, Ministry of Human Resources and Capacity Building, Olugbenga Fadele.Fadele disclosed that the wage award would run for six months, beginning in December.A statement by the spokesperson to the governor, Olawale Rasheed, on Wednesday stated that the gesture was in a continuation of Adeleke’s commitment to workers’ welfare and a fulfilment of his pledge of a gradual rollout of palliative measures to cushion the effect of subsidy removal.Related NewsGovernorship Election Live UpdatesInisa: Clerics condemn feud over Osun mosque's Imam selectionFarmer arrested for killing herder in OsunJUSUN, Osun chapter on collision course over anti-CJ protestThe statement further read in parts, “Sequel to the negotiation meetings and interactions with the labour movement in Osun State, including the representatives of Nigeria Union of Pensioners, the Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has approved the monthly payment of N15,000 to each active worker and N10,000 to each pensioner in Osun state as palliatives to assuage the pains being experienced as a result of removal of petroleum subsidy by the Federal Government of Nigeria.“The payment, as approved, is to commence from the month of December 2023 for a period of six months,” the circular reads in part.The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. Adeleke also approved a sum of N10,000 for each pensioner in the state in the same regard.The approval was conveyed in a circular issued by the Permanent Secretary, Ministry of Human Resources and Capacity Building, Olugbenga Fadele.Fadele disclosed that the wage award would run for six months, beginning in December.A statement by the spokesperson to the governor, Olawale Rasheed, on Wednesday stated that the gesture was in a continuation of Adeleke’s commitment to workers’ welfare and a fulfilment of his pledge of a gradual rollout of palliative measures to cushion the effect of subsidy removal.Related NewsGovernorship Election Live UpdatesInisa: Clerics condemn feud over Osun mosque's Imam selectionFarmer arrested for killing herder in OsunJUSUN, Osun chapter on collision course over anti-CJ protestThe statement further read in parts, “Sequel to the negotiation meetings and interactions with the labour movement in Osun State, including the representatives of Nigeria Union of Pensioners, the Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has approved the monthly payment of N15,000 to each active worker and N10,000 to each pensioner in Osun state as palliatives to assuage the pains being experienced as a result of removal of petroleum subsidy by the Federal Government of Nigeria.“The payment, as approved, is to commence from the month of December 2023 for a period of six months,” the circular reads in part.The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. The approval was conveyed in a circular issued by the Permanent Secretary, Ministry of Human Resources and Capacity Building, Olugbenga Fadele.Fadele disclosed that the wage award would run for six months, beginning in December.A statement by the spokesperson to the governor, Olawale Rasheed, on Wednesday stated that the gesture was in a continuation of Adeleke’s commitment to workers’ welfare and a fulfilment of his pledge of a gradual rollout of palliative measures to cushion the effect of subsidy removal.Related NewsGovernorship Election Live UpdatesInisa: Clerics condemn feud over Osun mosque's Imam selectionFarmer arrested for killing herder in OsunJUSUN, Osun chapter on collision course over anti-CJ protestThe statement further read in parts, “Sequel to the negotiation meetings and interactions with the labour movement in Osun State, including the representatives of Nigeria Union of Pensioners, the Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has approved the monthly payment of N15,000 to each active worker and N10,000 to each pensioner in Osun state as palliatives to assuage the pains being experienced as a result of removal of petroleum subsidy by the Federal Government of Nigeria.“The payment, as approved, is to commence from the month of December 2023 for a period of six months,” the circular reads in part.The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. Fadele disclosed that the wage award would run for six months, beginning in December.A statement by the spokesperson to the governor, Olawale Rasheed, on Wednesday stated that the gesture was in a continuation of Adeleke’s commitment to workers’ welfare and a fulfilment of his pledge of a gradual rollout of palliative measures to cushion the effect of subsidy removal.Related NewsGovernorship Election Live UpdatesInisa: Clerics condemn feud over Osun mosque's Imam selectionFarmer arrested for killing herder in OsunJUSUN, Osun chapter on collision course over anti-CJ protestThe statement further read in parts, “Sequel to the negotiation meetings and interactions with the labour movement in Osun State, including the representatives of Nigeria Union of Pensioners, the Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has approved the monthly payment of N15,000 to each active worker and N10,000 to each pensioner in Osun state as palliatives to assuage the pains being experienced as a result of removal of petroleum subsidy by the Federal Government of Nigeria.“The payment, as approved, is to commence from the month of December 2023 for a period of six months,” the circular reads in part.The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. A statement by the spokesperson to the governor, Olawale Rasheed, on Wednesday stated that the gesture was in a continuation of Adeleke’s commitment to workers’ welfare and a fulfilment of his pledge of a gradual rollout of palliative measures to cushion the effect of subsidy removal.Related NewsGovernorship Election Live UpdatesInisa: Clerics condemn feud over Osun mosque's Imam selectionFarmer arrested for killing herder in OsunJUSUN, Osun chapter on collision course over anti-CJ protestThe statement further read in parts, “Sequel to the negotiation meetings and interactions with the labour movement in Osun State, including the representatives of Nigeria Union of Pensioners, the Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has approved the monthly payment of N15,000 to each active worker and N10,000 to each pensioner in Osun state as palliatives to assuage the pains being experienced as a result of removal of petroleum subsidy by the Federal Government of Nigeria.“The payment, as approved, is to commence from the month of December 2023 for a period of six months,” the circular reads in part.The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. The statement further read in parts, “Sequel to the negotiation meetings and interactions with the labour movement in Osun State, including the representatives of Nigeria Union of Pensioners, the Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has approved the monthly payment of N15,000 to each active worker and N10,000 to each pensioner in Osun state as palliatives to assuage the pains being experienced as a result of removal of petroleum subsidy by the Federal Government of Nigeria.“The payment, as approved, is to commence from the month of December 2023 for a period of six months,” the circular reads in part.The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. “The payment, as approved, is to commence from the month of December 2023 for a period of six months,” the circular reads in part.The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. The governor appreciated the understanding of Osun state workers and pensioners for their show of understanding regarding the efforts of the state government to improve tremendously on their welfare.“It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added. “It is expected that this gesture of government will spur workers in the state to be more diligent and committed to their duties,” it added.

776006

nan

The Punch

Damilola Aina

FG woos foreign investors for mining sector

The Minister of Solid Minerals Development, Dele Alake, has offered lower production cost and untapped mineral resources as part of fresh incentives to woo prospective foreign investors. The minister gave the offer at the Mines and Money Conference held in Lo…

https://punchng.com/fg-woos-foreign-investors-for-mining-sector/

2023-11-29 06:43:06

The Minister of Solid Minerals Development, Dele Alake, has offered lower production cost and untapped mineral resources as part of fresh incentives to woo prospective foreign investors. The ministe… [+1762 chars]

Nigeria

The Minister of Solid Minerals Development, Dele Alake, has offered lower production cost and untapped mineral resources as part of fresh incentives to woo prospective foreign investors.The minister gave the offer at the Mines and Money Conference held in London on Tuesday, according to a statement signed by his Special Adviser, Kehinde Bamigbetan.Alake, addressing global stakeholders in the mining industry, pitched for more investment in Nigeria listing unique advantages such as lower production cost due to surface mining and billions of dollar in untapped minerals.He said, “The country’s geological bounty encompasses over 44 distinct mineral types, found in exploitable quantities across more than 500 locations. Recently, recognising the evolving global landscape and in response to emerging trends, Lithium has been included as a crucial strategic mineral of global consequence.”Alake said the current administration has embarked on reforms to boost investment by streamlining procedures and reducing hurdles to attract foreign investors.Related NewsGovernorship Election Live UpdatesFG, US consider credit facilities for mining firmsFG welcomes Mexican investors, promises incentivesAlake seeks inter-agency collaboration for mining sector reformsHe also quoted recent reports that mining’s contribution to Nigeria’s GDP rose from 0.3 percent to 0.85 percent last year, indicating 0.63 percent year on year growth.The minister reminded the global mining community of the Federal Government‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.“Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. The minister gave the offer at the Mines and Money Conference held in London on Tuesday, according to a statement signed by his Special Adviser, Kehinde Bamigbetan.Alake, addressing global stakeholders in the mining industry, pitched for more investment in Nigeria listing unique advantages such as lower production cost due to surface mining and billions of dollar in untapped minerals.He said, “The country’s geological bounty encompasses over 44 distinct mineral types, found in exploitable quantities across more than 500 locations. Recently, recognising the evolving global landscape and in response to emerging trends, Lithium has been included as a crucial strategic mineral of global consequence.”Alake said the current administration has embarked on reforms to boost investment by streamlining procedures and reducing hurdles to attract foreign investors.Related NewsGovernorship Election Live UpdatesFG, US consider credit facilities for mining firmsFG welcomes Mexican investors, promises incentivesAlake seeks inter-agency collaboration for mining sector reformsHe also quoted recent reports that mining’s contribution to Nigeria’s GDP rose from 0.3 percent to 0.85 percent last year, indicating 0.63 percent year on year growth.The minister reminded the global mining community of the Federal Government‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.“Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. Alake, addressing global stakeholders in the mining industry, pitched for more investment in Nigeria listing unique advantages such as lower production cost due to surface mining and billions of dollar in untapped minerals.He said, “The country’s geological bounty encompasses over 44 distinct mineral types, found in exploitable quantities across more than 500 locations. Recently, recognising the evolving global landscape and in response to emerging trends, Lithium has been included as a crucial strategic mineral of global consequence.”Alake said the current administration has embarked on reforms to boost investment by streamlining procedures and reducing hurdles to attract foreign investors.Related NewsGovernorship Election Live UpdatesFG, US consider credit facilities for mining firmsFG welcomes Mexican investors, promises incentivesAlake seeks inter-agency collaboration for mining sector reformsHe also quoted recent reports that mining’s contribution to Nigeria’s GDP rose from 0.3 percent to 0.85 percent last year, indicating 0.63 percent year on year growth.The minister reminded the global mining community of the Federal Government‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.“Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. He said, “The country’s geological bounty encompasses over 44 distinct mineral types, found in exploitable quantities across more than 500 locations. Recently, recognising the evolving global landscape and in response to emerging trends, Lithium has been included as a crucial strategic mineral of global consequence.”Alake said the current administration has embarked on reforms to boost investment by streamlining procedures and reducing hurdles to attract foreign investors.Related NewsGovernorship Election Live UpdatesFG, US consider credit facilities for mining firmsFG welcomes Mexican investors, promises incentivesAlake seeks inter-agency collaboration for mining sector reformsHe also quoted recent reports that mining’s contribution to Nigeria’s GDP rose from 0.3 percent to 0.85 percent last year, indicating 0.63 percent year on year growth.The minister reminded the global mining community of the Federal Government‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.“Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. Alake said the current administration has embarked on reforms to boost investment by streamlining procedures and reducing hurdles to attract foreign investors.Related NewsGovernorship Election Live UpdatesFG, US consider credit facilities for mining firmsFG welcomes Mexican investors, promises incentivesAlake seeks inter-agency collaboration for mining sector reformsHe also quoted recent reports that mining’s contribution to Nigeria’s GDP rose from 0.3 percent to 0.85 percent last year, indicating 0.63 percent year on year growth.The minister reminded the global mining community of the Federal Government‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.“Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. He also quoted recent reports that mining’s contribution to Nigeria’s GDP rose from 0.3 percent to 0.85 percent last year, indicating 0.63 percent year on year growth.The minister reminded the global mining community of the Federal Government‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.“Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. The minister reminded the global mining community of the Federal Government‘s policies on how mining operations must benefit the communities and lead to processing instead of wholesale export of raw minerals.“Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. “Nigeria is currently emphasizing Solid Minerals Beneficiation and Value-Addition as a panacea for quick and sustainable growth of the Mining Industry…By adding value to our raw materials, we not only create higher value products but also generate employment opportunities for our teeming youth and increase the sector’s overall profitability and contribution to the nation’s GDP”, he saidAlake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial. Alake further urged investors to support the socio-economic development of the communities where they mine to make mining mutually beneficial.

776016

nan

The Punch

Hindi Livinus

IG condemns soldiers ‘terror’ attack on Adamawa station

The Inspector General of Police, Olukayode Egbetokun, on Tuesday, visited the headquarters of the Adamawa State Police Command, where soldiers invaded and killed an inspector, Daniel Jacob, on November 21. The IG, while condemning the invasion in strong terms…

https://punchng.com/ig-condemns-soldiers-terror-attack-on-adamawa-station/

2023-11-29 02:50:27

The Inspector General of Police, Olukayode Egbetokun, on Tuesday, visited the headquarters of the Adamawa State Police Command, where soldiers invaded and killed an inspector, Daniel Jacob, on Novemb… [+1639 chars]

Nigeria

The Inspector General of Police, Olukayode Egbetokun, on Tuesday, visited the headquarters of the Adamawa State Police Command, where soldiers invaded and killed an inspector, Daniel Jacob, on November 21.The IG, while condemning the invasion in strong terms, said the soldiers acted like Boko Haram terrorists, vowing that the matter would be addressed and such would never happen again.Egbetokun said, “It was an unfortunate incident which should never have happened. I believe this is going to be the last time it will happen in Nigeria.“These people came like bandits and carried out the attacks on our facility in a manner similar to an invasion by Boko Haram terrorists.“Inspector Jacob Daniel was an officer on duty at the quarter guard on Wednesday last week when he was murdered,  following an invasion on this headquarters by some recalcitrant soldiers, in an attack that was unwarranted, carried out in a manner reflecting the activities of Boko Haram by their invasion on this facility.Related NewsGovernorship Election Live UpdatesCourt orders IG, others to produce detained student Nov 13Shakeup in police as IG deploys 14 AIGs, 26 CPsIG deploys 15 CPs, others for Imo gov poll“I am in your midst this afternoon to share the grief that you have. I learnt that he was an officer who was committed to his duty. He always demonstrated the highest level of dedication to duty. But unfortunately, we lost him to the attacks that were unwarranted and barbaric.”After observing a minute silence in honour of the slain cop, Egbetokun admonished officers of the force not to allow the incident to dampen their morale.In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” The IG, while condemning the invasion in strong terms, said the soldiers acted like Boko Haram terrorists, vowing that the matter would be addressed and such would never happen again.Egbetokun said, “It was an unfortunate incident which should never have happened. I believe this is going to be the last time it will happen in Nigeria.“These people came like bandits and carried out the attacks on our facility in a manner similar to an invasion by Boko Haram terrorists.“Inspector Jacob Daniel was an officer on duty at the quarter guard on Wednesday last week when he was murdered,  following an invasion on this headquarters by some recalcitrant soldiers, in an attack that was unwarranted, carried out in a manner reflecting the activities of Boko Haram by their invasion on this facility.Related NewsGovernorship Election Live UpdatesCourt orders IG, others to produce detained student Nov 13Shakeup in police as IG deploys 14 AIGs, 26 CPsIG deploys 15 CPs, others for Imo gov poll“I am in your midst this afternoon to share the grief that you have. I learnt that he was an officer who was committed to his duty. He always demonstrated the highest level of dedication to duty. But unfortunately, we lost him to the attacks that were unwarranted and barbaric.”After observing a minute silence in honour of the slain cop, Egbetokun admonished officers of the force not to allow the incident to dampen their morale.In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” Egbetokun said, “It was an unfortunate incident which should never have happened. I believe this is going to be the last time it will happen in Nigeria.“These people came like bandits and carried out the attacks on our facility in a manner similar to an invasion by Boko Haram terrorists.“Inspector Jacob Daniel was an officer on duty at the quarter guard on Wednesday last week when he was murdered,  following an invasion on this headquarters by some recalcitrant soldiers, in an attack that was unwarranted, carried out in a manner reflecting the activities of Boko Haram by their invasion on this facility.Related NewsGovernorship Election Live UpdatesCourt orders IG, others to produce detained student Nov 13Shakeup in police as IG deploys 14 AIGs, 26 CPsIG deploys 15 CPs, others for Imo gov poll“I am in your midst this afternoon to share the grief that you have. I learnt that he was an officer who was committed to his duty. He always demonstrated the highest level of dedication to duty. But unfortunately, we lost him to the attacks that were unwarranted and barbaric.”After observing a minute silence in honour of the slain cop, Egbetokun admonished officers of the force not to allow the incident to dampen their morale.In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” “These people came like bandits and carried out the attacks on our facility in a manner similar to an invasion by Boko Haram terrorists.“Inspector Jacob Daniel was an officer on duty at the quarter guard on Wednesday last week when he was murdered,  following an invasion on this headquarters by some recalcitrant soldiers, in an attack that was unwarranted, carried out in a manner reflecting the activities of Boko Haram by their invasion on this facility.Related NewsGovernorship Election Live UpdatesCourt orders IG, others to produce detained student Nov 13Shakeup in police as IG deploys 14 AIGs, 26 CPsIG deploys 15 CPs, others for Imo gov poll“I am in your midst this afternoon to share the grief that you have. I learnt that he was an officer who was committed to his duty. He always demonstrated the highest level of dedication to duty. But unfortunately, we lost him to the attacks that were unwarranted and barbaric.”After observing a minute silence in honour of the slain cop, Egbetokun admonished officers of the force not to allow the incident to dampen their morale.In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” “Inspector Jacob Daniel was an officer on duty at the quarter guard on Wednesday last week when he was murdered,  following an invasion on this headquarters by some recalcitrant soldiers, in an attack that was unwarranted, carried out in a manner reflecting the activities of Boko Haram by their invasion on this facility.Related NewsGovernorship Election Live UpdatesCourt orders IG, others to produce detained student Nov 13Shakeup in police as IG deploys 14 AIGs, 26 CPsIG deploys 15 CPs, others for Imo gov poll“I am in your midst this afternoon to share the grief that you have. I learnt that he was an officer who was committed to his duty. He always demonstrated the highest level of dedication to duty. But unfortunately, we lost him to the attacks that were unwarranted and barbaric.”After observing a minute silence in honour of the slain cop, Egbetokun admonished officers of the force not to allow the incident to dampen their morale.In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” “I am in your midst this afternoon to share the grief that you have. I learnt that he was an officer who was committed to his duty. He always demonstrated the highest level of dedication to duty. But unfortunately, we lost him to the attacks that were unwarranted and barbaric.”After observing a minute silence in honour of the slain cop, Egbetokun admonished officers of the force not to allow the incident to dampen their morale.In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” After observing a minute silence in honour of the slain cop, Egbetokun admonished officers of the force not to allow the incident to dampen their morale.In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” In his remarks, the Commissioner of Police in Adamawa State, Afolabi Babatola, said,  “The command, in particular, and the state in general, would have been in a state of total calmness if not for the unfortunate incident that happened on Tuesday,  21st November 2023.“I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.” “I would like to use this opportunity to request Armoured Personnel Carriers, gun trucks and Hilux vehicles to maintain the tempo.”

776017

abc-news

ABC News

CHINEDU ASADU Associated Press

At least 40 civilians killed by al-Qaida-linked rebels in a Burkina Faso town, UN rights office says

The United Nations' rights office says at least 40 civilians were killed last weekend by al-Qaida-linked rebels trying to take control of a besieged town in Burkina Faso’s hard-hit northern region

https://abcnews.go.com/International/wireStory/40-civilians-killed-al-qaida-linked-rebels-burkina-105235689

2023-11-29 11:18:51

ABUJA, Nigeria -- At least 40 civilians were killed last weekend by al-Qaida-linked rebels trying to take control of a besieged town in Burkina Fasos hard-hit northern region, the United Nations' rig… [+1820 chars]

Nigeria

ABUJA, Nigeria --At least 40 civilians were killed last weekend by al-Qaida-linked rebels trying to take control of a besieged town in Burkina Faso’s hard-hit northern region, the United Nations' rights office said, calling the attack a war crime. In one of the largest clashes in recent years in the West African nation under threat from fighters linked to al-Qaida and the Islamic State group, a large number of fighters tried to take control of Djibo near Mali’s border. The town, located 210 kilometres (130 miles) from the capital, Ouagadougou, has been under blockade by rebels for more than a year, often struggling to provide essential services. The militants in the latest attack, which happened on Sunday, also wounded 42 people and set fire to three camps for internally displaced people, U.N. Human Rights Office spokesperson Seif Magango said in a statement on Tuesday that blamed the attack on JNIM, an umbrella coalition of armed groups aligned with al-Qaida. “Deliberately targeting civilians or individuals not taking direct part in hostilities constitutes a war crime,” the U.N. department said, citing reports from its workers on the ground. The Associated Press couldn't reach witnesses or survivors in the area, which has frequent internet cuts and where the military government is known to crack down on civil society. State-run RTB Television ran images — which The Associated Press couldn't verify — that showed large groups of people riding motorcycles as they appeared to flee aerial bombardment. “Attacks on civilians are inexcusable and must stop, and those responsible must be held to account following thorough, impartial and independent investigations by the authorities,” the U.N. statement added. Around half of Burkina Faso's territory remains outside of government control. The landlocked country has been ravaged by jihadi attacks. Fighters have killed thousands and displaced more than 2 million people, further threatening the stability of the country that had two coups last year.