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Specifications for the 2015 Porsche 911 Carrera 4 Black Edition. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4-black-edition-991-my16-petrol-2d-coupe-NhtMceNwfZ
| 2024-12-16T06:32:44Z
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Oba Akinloye Owolabi Olakulehin (Ige Olakulehin 1), the Olubadan of Ibadanland, has urged traditional title holders to use their present position to foster unity, peace and progress in the ancient city.
While conferring honorary chieftaincy titles on Ibadan eminent personalities and their wives, the monarch said that the traditional title holders are accredited representatives of Olubadan of Ibadanland.
The conferment of the honorary chieftaincy titles, which took place at Olubadan Palace Oke Aremo, Ibadan had eminent personalities were Sulaiman and Ajewole as Aare and Yeye Atunluse of Ibadanland while Abisoye Ayoyimika and Olusola Mobolaji Fagade were conferred with Aare and Yeye Asojuoba of Ibadanland respectfully.
The paramount ruler while conferring the chieftaincy titles disclosed that the honorary title holders had in no measure made their contributions to the unity, progress and development of Ibadanland.
Read also: Dedicate your lives to service of humanity, Olubadan charges elevated Ibadan chiefs
The monarch, speaking through Akeem Mobolaji Adewoyin, high chief, the Ekerin Balogun of Ibadanland said the recipients of the honorary titles have the interest of Ibadanland at heart, consequently, Olubadan and his advisory council considered it necessary to recognize them and appreciate them accordingly.
“The conferment of honorary chieftaincy titles on you is in recognition of your assistance to the progress of Ibadanland which I believe will spur you to do more”.
Present at the occasion were: Oba Rashidi Adewolu Ladoja, the Otun Olubadan of Ibadanland, Oba Tajudeen Abimbola Ajibola, the Balogun of Ibadanland, Oba Eddy Oyewole, the Osi Olubadan of Ibadanland, Oba Olubunmi Dada Isioye Dada Isioye, the Osi Balogun of Ibadanland, Oba Abiodun Kola Daisi, the Ashipa Olubadan of Ibadanland, and Oba Muritala Adebayo Akande, the Ekarun Olubadan of Ibadanland.
Hannatu Musa Musawa, Minister of Arts, Culture, Tourism and the Creative Arts, also graced the occasion.
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| 2024-12-16T06:32:45Z
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The now classic YouTube channel Will It Blend has reemerged with their latest video showcasing the latest iPhones.
Fans and haters of Apple are both thrilled to see the new iPhone 5S and colorful 5C get blended to absolute fairy dust in the clip that has already garnered over 250,000 views!
Courtesy: Viral Viral Videos
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https://www.indiatimes.com/technology/mobile/iphone-5c-and-5s-in-a-mixer-blender-will-it-crack-104836.html
| 2024-12-16T06:32:46Z
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Mercedes Driver Allegedly Ran Over A Motorcyclist & Lost Car In A Fire Hours Later
The driver of a Mercedes AMG 450 allegedly ran over a motorcyclist and sped off only to have the vehicle catch fire and burn hours later at another toll plaza.
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Yesterday (15 December), a driver in a white Mercedes-Benz AMG 450 was recorded on a dashcam running over a motorcyclist after it passed the toll on the Setiawangsa-Pantai Expressway (SPE).
The white car could be seen exiting the toll from the right side of the dashcam before speeding to the left side of the road and right into the motorcyclist before speeding off.
The victim’s sister, Syahrizah Saini, told Astro Awani that her brother is still in critical condition in Hospital Kuala Lumpur. He sustained serious injuries to his face and head. The doctors also had to give him a pill to stop the profuse bleeding. Syahrizah shared that her brother seemed to have a slight memory loss.
Syahrizah also posted on her Instagram to seek the public’s help locating the driver.
However, the story doesn’t end there. A few hours after the hit-and-run accident, it’s believed the same car caught on fire at Wangsa Maju toll plaza.
It was alleged that the driver who narrowly escaped the fire was the same person who ran over Syahrizah’s brother.
Syahrizah shared that the police thought it was only a hit-and-run case until they received word about the car fire.
Kereta yg sama langgar lari adik kawan kiteorg. Semoga adiknya cepat sihat, sebab keadaan agak teruk https://t.co/ANiMqSycmU pic.twitter.com/niWQThEz9C
— 🏴mustakim ismail 🏴 (@mustakim_ismail) December 15, 2024
The police told Syahrizah that the suspect initially denied involvement. The suspect only admitted fault and asked about the victim’s condition after the police said they had the evidence.
The incident had garnered some racist responses online, especially on Twitter, due to the suspect and victim’s respective races.
The incident also raised questions about the driver’s sobriety while behind the wheel.
Regardless, some people wished the victim a speedy recovery and hoped justice would be served.
Mabuk juga ke ni ? Lain mcm laju dia. Stress nya aku dgn manusia mcm ni. Otak letak dkt bontot ke 😩
— โอปี้ โมกิ (@OpieMogie) December 15, 2024
Drive under influence ke?
— NS (@6aesic) December 15, 2024
Semoga mangsa diberi kesembuhan dan pulih segera serta dimudahkan segala urusan.. Aamiinn
— SAZZ 💪🇲🇾🇵🇸 (@Agrestz_X20A) December 15, 2024
Mohon Pihak Berkuasa Malaysia ambil tindakan tegas kepada pelaku di dalam video ini. @anwaribrahim @PDRMsia
Semoga cepat sembuh dipermudahkan urusan dimurahkan rezeki amin Ya Allah
— im4n🍀 (@Iman_n_h) December 15, 2024
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https://www.therakyatpost.com/news/malaysia/2024/12/16/mercedes-driver-allegedly-ran-over-a-motorcyclist-lost-car-in-a-fire-hours-later/
| 2024-12-16T06:32:47Z
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India in dire straits at 48/4 after top-order batters' flop show
India in dire straits at 48/4 after top-order batters' flop show
Brisbane, Atrocious shot selection by the top-order batters, including Virat Kohli, left India reeling at 48 for four at tea on a rain-marred day three of the third Test against Australia here on Monday.
Left-arm pacer Mitchell Starc struck twice and Josh Hazlewood once as India took lunch at 22 for three after Australia racked up 445 in their first innings.
Pat Cummins got the big wicket of Rishabh Pant in the second session to make things worse for the Indians.
Rahul was batting on 30 at tea break, while skipper Rohit Sharma was yet to open his account.
Returning to the middle after the lunch break, Rahul and Pant negotiated a hostile spell of fast bowling from the duo of Starc and Hazlewood before heavy showers once again interrupted the proceedings.
Cummins kept three slips and a gully for Pant, as opposed to the four men in the slip cordon and a gully for Rahul, when Hazlewood was operating.
Starc had three slips, and two gullies when he the red cherry in his hand.
The only fielder in front of the wicket during that phase of play in the second session was the man stationed at mid-off, reflecting the Australian bowlers' dominance.
Starc removed Yashasvi Jaiswal in the second ball of the India innings and then dismissed Shubman Gill before Hazlewood accounted for the wicket of Kohli as the visitors stared down the barrel of another poor outing with the bat after their failures in Adelaide.
Jaiswal was out caught by Mitchell Marsh at short midwicket while he tried to clip a Starc half-volley off his pads.
Gill was sent back when Marsh pulled off a brilliant catch in the slip cordon off the bowling of Starc after the India number three played away from the body.
Kohli was dismissed in what has now become a familiar scene as he once again chased a length delivery outside off before nicking it to Alex Carey.
Starc too had a hand in the wicket of Kohli. After KL Rahul pulled a short ball from Hazlewood to long leg, Starc dived to save what seemed like a certain boundary, bringing the former Indian captain back on strike. Kohli was dismissed off the very next delivery
The Australians were aware of Starc's contribution and some of them were seen running up to the left-arm pacer to celebrate the big wicket with him.
This was after Hazlewood delivered a full-length ball outside off-stump to Kohli, who, instead of leaving the ball, attempted a drive and resulting in an outside edge.
This is the fourth time Kohli has been dismissed in such a fashion.
Earlier, Jasprit Bumrah continued to do the heavy lifting as Australia added 40 runs to their overnight score of 405 for seven.
Carey played a fine innings of 70 before becoming the last man to get out.
With two slips and a gully, Bumrah started the proceedings with a 21-over old ball and began with a maiden.
Batting on 45 overnight, Carey swept a Ravindra Jadeja delivery for a boundary towards fine-leg to reach his half-century off just 53 balls.
Bumrah came back to bowl another maiden over before Mitchell Starc decided to get down on one knee to slog sweep Jadeja for a six over square leg.
For someone who is known for keeping one end tight with his accurate bowling, Jadeja was going at five runs an over, and the seasoned left-arm spinner's profligacy put additional burden on a strained pace attack.
The surface at Gabba offered a bit of turn and bounce but Jadeja was guilty of bowling too straight to the left-handers.
Showing intent to score his runs quickly, Starc hit Bumrah over mid-wicket for a boundary, but four balls later, the Indian pace spearhead induced a faint edge from the blade of the pacer and it went through to Pant.
It was Bumrah's sixth wicket of the innings, 18th of the series and 50th on Australian shores.
Mohammed Siraj bowled Nathan Lyon after he played down the wrong line.
Akash Deep, who failed to enter his name in the wicket's column despite troubling the likes of centurions Travis Head and Steve Smith on the second day, was finally rewarded for his toil as he had Carey caught in the deep to signal the end of Australian first innings.
This article was generated from an automated news agency feed without modifications to text.
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https://www.hindustantimes.com/sports/india-in-dire-straits-at-48-4-after-top-order-batters-flop-show-101734326952981.html
| 2024-12-16T06:32:49Z
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The offer received bids for 141.72 crore shares as against 1.18 crore shares on offer.
The initial public offer (IPO) of One MobiKwik Systems received 1,41,72,86,992 bids for shares as against 1,18,71,696 shares on offer. The issue was subscribed 119.38 times.The Retail Individual Investors (RIIs) category was subscribed 134.67 times. The Qualified Institutional Buyers (QIBs) category was subscribed 119.50 times. The Non-Institutional Investors (NIIs) category was subscribed 108.95 times.
The issue opened for bidding on Wednesday (11 December 2024), and it closed on Friday (13 December 2024). The price band of the IPO was fixed between Rs 265 and 279 per share.
The initial public offer (IPO) consisted of a fresh issue to raise Rs 572 crore through the issuance of 2.16 crore equity shares at the lower band of Rs 265 per share (face value Rs 2 per share) and 2.05 crore equity shares at the upper band of Rs 279 per share.
The company plans to use Rs 150 crore from the net proceeds of the fresh issue to provide default loss guarantees (DLG) to lending partners. Starting June 2023, the DLG guidelines require lending service providers (LSPs) to offer a guarantee of up to 5% of the disbursed amounts on loan portfolios of regulated entities (RE).
The company plans to allocate Rs 35 crore to pre-fund escrow and biller accounts for instant settlements to consumers and merchants, and Rs 100 crore for acquiring new consumers in the digital payments ecosystem. Additionally, Rs 27.8 crore will be used to enhance teams in data, ML, and AI, while Rs 79.2 crore will strengthen product and technology teams.
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The company plans to invest Rs 70.285 crore in hardware, including POS machines and sound boxes, to strengthen its network of consumers and merchants.
The promoter shareholding in the company would dilute to 25.2% post-IPO from 34.2% pre-IPO.
Ahead of the IPO, One Mobikwik Systems on Tuesday, 10 December 2024, raised Rs 92.25 lakh from anchor investors. The board allotted 257.40 crore shares at Rs 279 each to 21 anchor investors.
MobiKwik Systems, incorporated in 2008, is a leading fintech company in the digital financial services and payments space, with a 50-50 revenue mix for Q1 FY2025. Initially launching the MobiKwik Wallet, the company has since expanded its offerings to include credit services (MobiKwik ZIP, ZIP EMI), digital payments (MobiKwik Wallet, Zaakpay, UPI), and P2P lending (MobiKwik Xtra). The company leverages big data analytics and machine learning to continuously serve users and merchants on its platform.
The company's registered users grew at a CAGR of 12.31% from FY2022 to FY2024, reaching 155.84 million, and further increased to 161.03 million by June 2024. As of June 30, 2024, MobiKwik enabled 4.26 million merchants to accept payments both online and offline. It is the largest wallet player in India, holding a 23.11% market share of the PPI wallet gross transaction value (GTV). The companys Payment GMV grew at an annual rate of 45.88%, while MobiKwik ZIP GMV (disbursements) grew at 112.16% annually from FY2022 to FY2024.
The firm reported a consolidated net loss of Rs 6.62 crore and income from operations of Rs 342.27 crore for the three months ended on 30 June 2024.
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https://www.business-standard.com/markets/capital-market-news/one-mobikwik-systems-ipo-ends-with-119-38x-subscription-124121600302_1.html
| 2024-12-16T06:32:49Z
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The Royal Family is preparing for a grand Christmas gathering at Sandringham Estate in Norfolk, with 45 family members expected to join the festivities. This year’s celebration aims to unite the family around King Charles, Queen Camilla and Prince William and Kate Middleton after a challenging year.
Royal Family expert Jennie Bond shared insights about the upcoming celebrations, noting that the presence of so many family members would mean a lot to the King and Queen.
She added that the growing number of young children in the family shifted the focus of the festivities towards being more child-friendly, which she believed was the essence of Christmas.
Discussing logistics, Bond speculated that if Kate Middleton’s parents were present, they might stay at Anmer Hall, William and Kate's personal residence. She suggested that Kate might prefer to host only close family members there, leaving larger gatherings at Sandringham or other royal properties.
"I'm not sure Catherine would yet feel up to hosting a huge crowd at the Hall, so I imagine it would just be close family. The Yorks would be at Wood Farm," she told OK!.
This Christmas is expected to symbolise unity within the Royal Family, with members supporting each other as they leave behind a challenging year. Both King Charles and the Princess of Wales were diagnosed with cancer earlier this year.
Bond remarked that this festive period would be about rallying around King Charles, Queen Camilla, William and Kate to welcome a hopeful new year.
Prince William, while attending an event in Wiltshire earlier for the families of the 1st Battalion Mercian Regiment, shared his excitement for the Christmas celebrations.
He revealed that 45 family members would gather at Sandringham, describing it as a “noisy” affair. When asked about his preparations, he humorously admitted that he was not ready for the holiday season.
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https://www.livemint.com/news/trends/kate-middleton-s-christmas-celebrations-during-cancer-recovery-may-include-special-plans-11734328498540.html
| 2024-12-16T06:32:49Z
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Wolfe Research started coverage on shares of Tempus AI (NASDAQ:TEM – Free Report) in a report published on Friday, Marketbeat.com reports. The firm issued an outperform rating and a $60.00 target price on the stock.
Several other analysts also recently commented on TEM. Piper Sandler reaffirmed a “neutral” rating and set a $70.00 price objective (up from $40.00) on shares of Tempus AI in a research note on Tuesday, November 12th. Bank of America cut Tempus AI from a “buy” rating to a “neutral” rating and upped their price target for the stock from $45.00 to $60.00 in a research note on Wednesday, October 2nd. Guggenheim began coverage on shares of Tempus AI in a research report on Monday, December 9th. They issued a “buy” rating and a $74.00 price objective on the stock. Loop Capital raised their target price on shares of Tempus AI from $48.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, October 15th. Finally, Stifel Nicolaus lowered shares of Tempus AI from a “buy” rating to a “hold” rating and boosted their price target for the stock from $45.00 to $65.00 in a research note on Monday, November 11th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $56.00.
View Our Latest Stock Report on TEM
Tempus AI Stock Performance
Insider Buying and Selling
In other Tempus AI news, COO Ryan Fukushima sold 120,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $42.51, for a total value of $5,101,200.00. Following the sale, the chief operating officer now owns 1,007,207 shares of the company’s stock, valued at $42,816,369.57. This represents a 10.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Bradley A. Keywell sold 395,800 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $42.95, for a total transaction of $16,999,610.00. Following the completion of the sale, the insider now owns 16,164,449 shares in the company, valued at $694,263,084.55. This represents a 2.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 650,949 shares of company stock worth $27,821,944 in the last quarter.
Hedge Funds Weigh In On Tempus AI
Several hedge funds have recently bought and sold shares of the stock. Kovitz Investment Group Partners LLC acquired a new stake in shares of Tempus AI during the third quarter valued at $1,367,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Tempus AI by 1,591.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,217,699 shares of the company’s stock valued at $68,922,000 after purchasing an additional 1,145,698 shares in the last quarter. Captrust Financial Advisors acquired a new stake in shares of Tempus AI during the 3rd quarter worth about $2,726,000. Sigma Planning Corp acquired a new stake in shares of Tempus AI during the 3rd quarter worth about $1,323,000. Finally, Dakota Wealth Management purchased a new stake in shares of Tempus AI during the third quarter worth about $1,185,000. Hedge funds and other institutional investors own 24.22% of the company’s stock.
Tempus AI Company Profile
Tempus AI Inc is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.
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https://www.tickerreport.com/banking-finance/12746790/tempus-ai-nasdaqtem-research-coverage-started-at-wolfe-research.html
| 2024-12-16T06:32:50Z
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The Nigerian chapter of the International Press Institute (IPI) has re-elected Musikilu Mojeed and Ahmed Shekarau as president and secretary, respectively.
Mojeed, Editor-in-Chief of Premium Times, and Shekarau, CEO of the Media Trust Group, will navigate the affairs of the organisation for another three years, along with four other officials elected unopposed.
The announcement was made on Thursday during IPI Nigeria’s annual general meeting in Lagos. Other executives include Fidelis Mbah of Al Jazeera as deputy president, Rafatu Salami of Voice of Nigeria as treasurer, Yomi Adeboye of Herald Newspaper as assistant secretary, and Tobi Soniyi of Arise News as legal adviser.
Speaking after the inauguration, Mojeed promised an inclusive administration and called for members’ support to enhance the Nigerian media environment. The meeting also saw the executives render a detailed account of their stewardship and financial activities, while some constitutional amendments were adopted to strengthen the body.
The highlight of the meeting was the attendance of Segun Osoba, a veteran journalist and former governor, who commended IPI Nigeria for its unwavering commitment to press freedom and independent journalism. Osoba, who recently returned from overseas, applauded the leadership for organising a successful conference.
Read also: Nigeria-Britain Association holds AGM, re-elects Oyetayo as president
Prominent journalists, including Garba Shehu, Folu Olamiti, Dayo Aiyetan, and Funke Egbemode, graced the event alongside media scholars like Abigail Ogwezzy-Ndisika and Kunle Babs. Discussions focused on advancing press freedom and fostering collaboration among media professionals.
Prior to the annual general meeting, IPI Nigeria hosted a conference themed “Democracy, Media Freedom, and the Imperative of Protecting the Nigerian Civic Space.” While Minister of Information Mohammed Idris claimed that press freedom exists in Nigeria, keynote speaker Professor Tony Iredia fiercely disagreed, asserting that significant barriers remain.
Other speakers included DSS Director-General Adeola Oluwatosin Ajayi, who discussed the relationship between the media and security agencies, and EFCC Chair Ola Olukoyede, who explored how journalists can aid anti-corruption efforts. A former Minister of Information, Lai Mohammed, spoke on reducing tensions between the government and the media.
The three-day event concluded with a dinner celebrating IPI Nigeria’s achievements and reaffirming its dedication to promoting credible journalism, free speech, and media freedom.
As part of IPI Global, based in Vienna, Austria, IPI Nigeria continues to champion the rights of journalists and the free flow of information in Africa’s largest democracy.
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| 2024-12-16T06:32:51Z
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LG G2: Top 5 Unique Features
Check out some of the unique and amazing features of LG G2, LG's latest flagship.
Check out some of the unique and amazing features of LG G2, LG's latest flagship.
Design
LG has experimented with their latest flagship, LG G2 in the design segment. While the phone does not sport a brand new look like the HTC One or Sony Xperia series, LG G2 is the first phone to come with completely naked sides, without the unlock button or volume buttons. Instead, the buttons are shifted to the back of the phone, just below the camera.
Audio Zoom
This is one unique feature of LG G2 where users can not just record audio or video files but focus on just one particulr voice during the recording. During playback, that one selected voice plays the loudest and clearest.
Zoom to Track
Using Zoom to Track, you can selectively zoom in on your favourite subject during video playback. So even after a video is recorded, you can choose your favourite subject and focus on it.
Guest Mode
LG G2 comes with a special Guest Mode activated so that unwanted persons do not get access to all features of your smartphone. You can choose which features are accessible to all and which are private.
Knock to Unlock
What do you do to open doors? Or to gain entry? You knock for permission. LG G2 also let's you just tap the phone to unlock it. Just knock twice on G2 to gently wake your phone’s display without picking it up or pressing the power key. G2 senses the gesture and turns the display on.
An adventure lover and philosopher, her affair with words began at a young age. You can find her scribbling away at all odd hours of the day (and night) and if not with her head buried deep inside a book, she is generally romancing nature or ambling along through the maze of Indian streets. A carefree soul, she truly believes happiness lies within.
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https://www.indiatimes.com/technology/mobile/lg-g2-top-5-unique-features-104832.html
| 2024-12-16T06:32:53Z
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Specifications for the 2015 Porsche 911 Carrera 4 Gts. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4-gts-991-my15-petrol-2d-cabriolet-TJyDZeBzT8
| 2024-12-16T06:32:51Z
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LeBron returns, Davis scores 40 in Lakers' win over Grizzlies
LOS ANGELES (AP) — Anthony Davis had 40 points and 16 rebounds, LeBron James added 18 points in his return and the Los Angeles Lakers beat the Memphis Grizzlies 116-110 on Sunday night.
James also had eight rebounds, eight assists and five turnovers in 34 minutes after missing the previous two games because of a left foot injury. He was away from the team most of last week due to personal reasons.
Austin Reaves scored 19 points for Los Angeles. The Lakers never trailed and led by 23 points in the second half.
Jaren Jackson Jr. scored 25 points for Memphis, which had won four in a row. Ja Morant had 20 points, Zach Edey added 13 points and 10 rebounds and Luke Kennard had 12 points.
Takeaways
Grizzlies: Memphis entered as the NBA’s highest-scoring offense but trailed 64-46 at the half and was down by at least two possessions the entire second half.
Lakers: James’ return energized Los Angeles, but Davis continues to carry the team. The 31-year-old power forward had 22 points and 10 rebounds in the first half. He briefly left in the third quarter because of shoulder injury, then returned in the fourth and scored 12 critical points down the stretch.
Key moment
James scored his first points on a running one-handed dunk just over two minutes into the first quarter. He followed immediately with a block and added tip-in basket on the Lakers’ ensuing offensive possession to give Los Angeles a 9-2 lead.
Key stat
Davis has had at least 30 points and 10 rebounds in three of his last four games.
Up next
Both teams are back in action Thursday night. The Grizzlies host Golden State, and the Lakers are at Sacramento.
___
AP NBA: https://apnews.com/hub/nba
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https://www.tsn.ca/nba/lebron-james-returns-anthony-davis-scores-40-in-los-angeles-lakers-win-over-memphis-grizzlies-1.2220985
| 2024-12-16T06:32:55Z
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TL;DR: Learn up to 14 languages with lifetime access to Babbel’s expert-designed lessons for $129.97 until December 31.
Dreaming of chatting in French, ordering tapas in Spanish, or impressing your friends with German? Babbel’s lifetime subscription offers unlimited access to 14 languages, helping you turn those daydreams into reality for just $129.97.
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With access to 14 languages, including Spanish, French, German, and Italian, Babbel lets you customize your learning journey. You can focus on one language or dabble in a few — perfect for travelers, professionals, or anyone looking to expand their skills. It features speech-recognition technology to give you personalized feedback and pronunciation help.
Babbel also syncs seamlessly across devices, letting you pick up where you left off, no matter where you are. The lessons go beyond vocabulary drills, diving into cultural nuances and other tips to get you sounding like a local.
Start learning today and discover just how far a new language can take you.
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https://newatlas.com/deals/babbel-lifetime-language-lessons/
| 2024-12-16T06:32:55Z
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The Global Polysilicon Marker (GPM), the OPIS price benchmark for polysilicon produced outside of China, fell from $22.567 ($0.051)/kg on Sept. 3, 2024, to $22.068/kg on Nov. 5, 2024.
The Chinese Module Marker (CMM), the OPIS benchmark for Chinese modules that are FOB (free onboard, or excluding shipment costs), fell from $0.095/W to $0.087/W over the same period. Price declines were likewise recorded for modules delivered to Europe and the United States (see charts). The U.S. Department of Commerce’s (DOC) Oct. 1 announcement of its preliminary decision on countervailing duties for Southeast Asian solar imports was undoubtedly the most talked-about development in the past few weeks. The department said specific manufacturers in Thailand, Vietnam, Cambodia, and Malaysia have benefited from subsidy rates ranging from 0.14% to 292.61%.
For unspecified companies, the DOC established the following subsidy rates by country: 8.25% for Cambodia, 9.13% for Malaysia, 23.06% for Thailand, and 2.85% for Vietnam.
All of those rates were largely within market expectations. Some industry players found the preliminary rates to be slightly lower than they had predicted, but cautioned it would be premature to see this as a sudden boost for price and trading activity. Another preliminary antidumping ruling is due at the start of December 2024, which would provide a more definitive signal for buyers mulling over their purchase volumes.
U.S. manufacturing
Policies for domestic solar manufacturing in the United States continued to appear favorable in the meantime. During October and November 2024, the Department of Treasury clarified that solar ingots and wafers qualify as semiconductor manufacturing, making them eligible for the 25% Advanced Manufacturing Investment Credit. The department also released regulations enabling tax deduction claims covered by the 45X Advanced Manufacturing Production Tax Credit, which insiders see as a boon to support new solar manufacturing projects in the country.
Those positive developments, coupled with the specter of additional import tariffs, were enough to keep the forward market for modules in a slight contango (meaning future prices are expected to be higher than current spot prices) up until June 2025. The spot price of delivered, duty paid (DPP) tunnel oxide passivated contact (TOPCon) modules on the US market was at $0.285/W as of Nov. 5, 2024. For June 2025, the price stands at $0.297/Wp, according to the OPIS Forward Curve, implying expectations of improving market conditions in the United States moving forward.
The FOB China TOPCon forward market remained in slight reverse, however, implying expectations that export market conditions are unlikely to improve in the near term. The spot price of FOB China TOPCon modules was at $0.087/W, as of Nov. 5, 2024, with the June 2025 forward price at $0.086/W, according to the OPIS Forward Curve.
The Chinese solar industry has been grappling with a hostile trading environment abroad and cutthroat price competition at home. In October 2024, the China Photovoltaic Industry Association (CPIA) responded by announcing it would release a production cost estimate for photovoltaic modules to urge producers to avoid below-cost offers in large-scale procurement tenders in the domestic market.
The association calculated the production cost for n-type M10 (182 mm x 182 mm) bifacial modules, excluding depreciation and taxes on key upstream materials such as polysilicon, wafers, and cells, at CNY 0.68 ($0.09)/W as of October 2024.
A state-owned tender the same month had attracted lowest offers for both positively doped, p-type and n-type modules at CNY 0.66/W.
Manufacturers in China said the CPIA’s guidelines help provide an implicit price floor for tender offers, even though they are not legally binding. They also noted, however, that these guidelines only pertain to state-owned tenders and not export orders.
With Chinese polysilicon prices stabilizing since early October 2024, and module prices on a relentless downward slide, the cost of Chinese Mono Premium (CMP) polysilicon has risen. CMP is the OPIS assessment for the unblended polysilicon used for n-type ingot pulling measured against ex-warehouse Chinese domestic module prices. It stood at 11% of ex-warehouse Chinese domestic module prices in August 2024, rising to 13% on a per-watt basis in November 2024.
More regulatory and trade headwinds lie ahead for the global solar industry. Fresh subsidy allegations from petitioners has prompted the DOC to investigate the “cross-border” provision of silver paste and solar glass in Southeast Asia. The return of Donald Trump as US president, who made raising import tariffs a cornerstone of his re-election campaign, also looks set to keep the solar industry on tenterhooks regarding the chain reaction of intensifying protectionism.
About the author: Hanwei Wu, the editorial director of OPIS, leads the Asia-Pacific team in producing price assessments, proprietary data, and news analysis for the solar, carbon, oil, and petrochemical markets. His responsibilities include developing pricing methodologies for energy markets, identifying the latest industry trends and developments, and producing market-driven news and analysis. In recent years, he has launched data products for the oil and renewables markets, including solar.
The views and opinions expressed in this article are the author’s own, and do not necessarily reflect those held by pv magazine.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
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https://www.pv-magazine.com/2024/12/16/solar-trade-headwinds/
| 2024-12-16T06:32:55Z
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'Love knows no age limits': Elderly man squats to snap perfect picture for his wife. Watch
An elderly man squatting to take the perfect picture of his wife went viral, leaving the internet in awe with his loving gesture.
A heartwarming video featuring an elderly man going to great lengths to capture the perfect picture of his wife has gone viral, touching the hearts of social media users. The video, shared by a Delhi-based influencer on Instagram, has garnered over 10 million views, with many expressing admiration for the couple's love and devotion.
(Also read: Elderly man reunites with his wife who was hospitalised for 30 days, his reaction makes people say 'That's true love')
A beautiful display of love and care
In the video, the elderly man is seen squatting down in an effort to get the best angle for his wife's photo. Dressed in a blue shirt and trousers with a backpack, he carefully adjusts himself to ensure that the moment is captured perfectly. His grace and dedication despite his age have struck a chord with viewers. The gesture speaks volumes about the effort he is willing to put into making his wife feel cherished.
Watch the clip here:
The caption accompanying the video reads, "Basic human need," which resonates deeply with the simplicity and sincerity of the act. It highlights how such small, thoughtful gestures are sometimes the most powerful demonstrations of love.
Social media reacts: Couple goals
The video quickly captured the attention of social media users, who flooded the comments section with heartwarming reactions. One user wrote, "This is what true love looks like," while another added, "Such a beautiful display of care and affection, we all need to see more of this." Many pointed out how the man’s action showed the importance of always making an effort for those we love, no matter the stage of life.
(Also read: ‘Bare minimum in love’: Elderly man’s gesture for wife wins over the Internet. Watch)
Another user commented, “Couple goals for sure. The way he’s so thoughtful towards her even after all these years.” Others remarked on the gentle, respectful nature of their relationship, with one person writing, "Love is all about little things like this. He made her feel like a queen."
There were also reactions that celebrated the elderly man's energy and vigour, with a user saying, "If only we could all be this graceful with age." Many people shared how the video reminded them of their own relationships, with one user saying, "This is exactly how I want to be with my partner when we’re older."
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https://www.hindustantimes.com/trending/love-knows-no-age-limits-elderly-man-squats-to-snap-perfect-picture-for-his-wife-watch-101734326228094.html
| 2024-12-16T06:32:55Z
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The offer received bids for 2,064.25 crore shares as against 75.67 crore shares on offer.
The initial public offer (IPO) of Vishal Mega Mart received 20,64,25,17,700 bids for shares as against 75,67,56,757 shares on offer. The issue was subscribed 27.28 times.The issue opened for bidding on Wednesday (11 December 2024) and it closed on Friday (13 December 2024). The price band of the IPO was fixed between Rs 74 and 78 per share.
The IPO consisted of an offer-for-sale (OFS) of Rs 8,000 crore. The proposed offer is entirely an OFS of shares by promoter Samayat Services LLP, with no fresh issue of equity shares.
Since the IPO is entirely an OFS, the company will not receive any funds from the issue, and the proceeds will go to the selling shareholder.
Ahead of the IPO, Vishal Mega Mart on Tuesday, 10 December 2024, raised Rs 30.76 lakh from anchor investors. The board allotted 2399.99 crore shares at Rs 78 each to 89 anchor investors.
Vishal Mega Mart (VMM) is a one-stop destination catering to middle- and lower-middle-income consumers in India. The company offers a diverse range of merchandise through its brands and third-party brands, addressing both aspirational and everyday needs.
More From This Section
VMM engages in the business of wholesale, cash, and carry trading under the Vishal brand and grants franchise rights for Vishal Mega Mart franchise stores. VMM operates retail stores through its wholly owned subsidiary, Airplaza Retail Holdings (ARHPL).
The firm reported a consolidated net profit of Rs 254.14 crore and sales of Rs 5,032.51 crore for the six months ended on 30 June 2024.
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https://www.business-standard.com/markets/capital-market-news/vishal-mega-mart-ipo-ends-with-27-28x-subscription-124121600303_1.html
| 2024-12-16T06:32:55Z
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The Royal Family is preparing for a grand Christmas gathering at Sandringham Estate in Norfolk, with 45 family members expected to join the festivities. This year’s celebration aims to unite the family around King Charles, Queen Camilla and Prince William and Kate Middleton after a challenging year.
Royal Family expert Jennie Bond shared insights about the upcoming celebrations, noting that the presence of so many family members would mean a lot to the King and Queen.
She added that the growing number of young children in the family shifted the focus of the festivities towards being more child-friendly, which she believed was the essence of Christmas.
Discussing logistics, Bond speculated that if Kate Middleton’s parents were present, they might stay at Anmer Hall, William and Kate's personal residence. She suggested that Kate might prefer to host only close family members there, leaving larger gatherings at Sandringham or other royal properties.
"I'm not sure Catherine would yet feel up to hosting a huge crowd at the Hall, so I imagine it would just be close family. The Yorks would be at Wood Farm," she told OK!.
This Christmas is expected to symbolise unity within the Royal Family, with members supporting each other as they leave behind a challenging year. Both King Charles and the Princess of Wales were diagnosed with cancer earlier this year.
Bond remarked that this festive period would be about rallying around King Charles, Queen Camilla, William and Kate to welcome a hopeful new year.
Prince William calls it ‘noisy’ affair
Prince William, while attending an event in Wiltshire earlier for the families of the 1st Battalion Mercian Regiment, shared his excitement for the Christmas celebrations.
He revealed that 45 family members would gather at Sandringham, describing it as a “noisy" affair. When asked about his preparations, he humorously admitted that he was not ready for the holiday season.
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https://www.livemint.com/news/trends/kate-middleton-s-christmas-celebrations-during-cancer-recovery-may-include-special-plans/amp-11734328498540.html
| 2024-12-16T06:32:55Z
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Woman Dies In Kepong Accident, Family Cites Battle With Depression
Before leaving home, she sent a farewell message to her husband asking him to take care of himself, then drove away in a car. The vehicle then lost control and hit a road shoulder.
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A 35-year-old woman was found deceased in her vehicle near Maybank Kepong last weekend in what authorities are investigating as a case of self-harm.
The incident, which occurred around 10:15 pm, has highlighted the ongoing challenges faced by individuals dealing with mental health issues and chronic pain.
The woman’s husband said his wife had previously been diagnosed with depression in 2020 but had shown improvement following treatment.
Unfortunately, the surgery didn’t improve her condition. Instead, the pain intensified. Under various pressures, her depression returned, and she resumed psychiatric medication two weeks ago.
Discovery and Investigation
He disclosed that his wife suddenly drove out around 9 PM the night of the incident.
Concerned for her safety, he filed a police report and posted a notice of missing persons on Facebook seeking public assistance.
Tragically, the husband received a call about an hour later informing him that his wife’s car had been found in Kepong.
When I arrived at the scene, I discovered she had sustained neck injuries and was no longer breathing. I couldn’t even see her one last time.
After discovering her vehicle near the Maybank branch, public members later alerted authorities.
Authorities are continuing their investigation into the incident.
Parts of this story have been sourced from China Press and Eight FM.
If you need help or someone to talk to, here’s a list of helplines:
Mental Health Psychosocial Support Service
Tel: 03-2935 9935 or 014-322 3392
Talian Kasih
Tel: 15999 or Whatsapp 019-2615999
Befrienders KL
Tel: 03-7627 2929
Website: www.befrienders.org.my/centre-in-malaysia
Talian Buddy Bear (For children, toll-free, 6pm-12am)
Tel: 1800-18-BEAR or 1800-18-2327
FB Messenger: buddybear.humankind
MySejahtera Digital Healthcare
In the app, click on ‘MyMinda.’
Share your thoughts with us via TRP’s Facebook, Twitter, Instagram, or Threads.
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https://www.therakyatpost.com/news/malaysia/2024/12/16/woman-dies-in-kepong-accident-family-cites-battle-with-depression/
| 2024-12-16T06:32:55Z
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BLUETTI Power Solutions Enhance Holiday Celebrations with Reliable Energy
LOS ANGELES, CA, UNITED STATES, December 15, 2024 /EINPresswire.com/ -- As the holiday season approaches, BLUETTI introduces a range of portable power stations designed to provide dependable energy for winter storms, festive gatherings, and holiday travels.
Ensuring Warmth and Comfort During Winter Storms
BLUETTI’s home backup systems offer reliable solutions to keep households powered and comfortable during unexpected outages. The AC300 and AC500 models are built for high performance, with 3,000W and 5,000W outputs, respectively. Paired with B300K batteries, these systems can operate essential appliances, including heaters, air conditioners, and kitchen equipment.
The AC500 with two B300K batteries delivers a total capacity of 5,529.6Wh, suitable for energy-intensive holiday feasts. For smaller-scale needs, the AC300 combined with the B300K offers 2,764.8Wh, ensuring steady power supply for meal preparation and household essentials.
Energy Solutions for Outdoor Celebrations
For outdoor holiday activities, BLUETTI offers portable solutions that combine functionality and reliability. The Elite 200 V2 Portable Power Station provides 2,073.6Wh of capacity with a 2,600W output, making it ideal for powering lights, music systems, and beverage stations at markets or events.
Outdoor adventurers can take advantage of the AC200L + B300K system, which offers a robust 4,812.8Wh capacity and 2,400W output. This setup is capable of running portable heaters, cooking devices, and equipment for seasonal tree-cutting activities.
Power on the Go for Holiday Travelers
BLUETTI’s compact options are designed for holiday travel. The AC180 Solar Generator, with 1,152Wh capacity and 1,800W output, supports extended trips, enabling multiple laptop charges and other small-device needs. The AC70 Solar Generator, featuring a 768Wh capacity and 1,000W output, is suitable for powering car fridges, electric blankets, and travel essentials.
Preparing for a Sustainable Future
BLUETTI introduces a new app update with real-time energy monitoring and consumption analytics. This feature provides insights for users aiming to adopt sustainable energy habits as they step into 2025.
About BLUETTI
BLUETTI is a pioneer in clean energy technology, dedicated to advancing sustainable energy solutions worldwide. With a strong presence in over 110 countries, BLUETTI’s innovations support diverse energy needs, from home backup systems to portable generators. Programs like Lighting An African Family (LAAF) underscore BLUETTI’s commitment to social responsibility, providing reliable power to off-grid communities across Africa.
Ensuring Warmth and Comfort During Winter Storms
BLUETTI’s home backup systems offer reliable solutions to keep households powered and comfortable during unexpected outages. The AC300 and AC500 models are built for high performance, with 3,000W and 5,000W outputs, respectively. Paired with B300K batteries, these systems can operate essential appliances, including heaters, air conditioners, and kitchen equipment.
The AC500 with two B300K batteries delivers a total capacity of 5,529.6Wh, suitable for energy-intensive holiday feasts. For smaller-scale needs, the AC300 combined with the B300K offers 2,764.8Wh, ensuring steady power supply for meal preparation and household essentials.
Energy Solutions for Outdoor Celebrations
For outdoor holiday activities, BLUETTI offers portable solutions that combine functionality and reliability. The Elite 200 V2 Portable Power Station provides 2,073.6Wh of capacity with a 2,600W output, making it ideal for powering lights, music systems, and beverage stations at markets or events.
Outdoor adventurers can take advantage of the AC200L + B300K system, which offers a robust 4,812.8Wh capacity and 2,400W output. This setup is capable of running portable heaters, cooking devices, and equipment for seasonal tree-cutting activities.
Power on the Go for Holiday Travelers
BLUETTI’s compact options are designed for holiday travel. The AC180 Solar Generator, with 1,152Wh capacity and 1,800W output, supports extended trips, enabling multiple laptop charges and other small-device needs. The AC70 Solar Generator, featuring a 768Wh capacity and 1,000W output, is suitable for powering car fridges, electric blankets, and travel essentials.
Preparing for a Sustainable Future
BLUETTI introduces a new app update with real-time energy monitoring and consumption analytics. This feature provides insights for users aiming to adopt sustainable energy habits as they step into 2025.
About BLUETTI
BLUETTI is a pioneer in clean energy technology, dedicated to advancing sustainable energy solutions worldwide. With a strong presence in over 110 countries, BLUETTI’s innovations support diverse energy needs, from home backup systems to portable generators. Programs like Lighting An African Family (LAAF) underscore BLUETTI’s commitment to social responsibility, providing reliable power to off-grid communities across Africa.
Tara Fu
BLUETTI POWER INC
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EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
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https://www.einpresswire.com/article/769276508/bluetti-power-solutions-enhance-holiday-celebrations-with-reliable-energy
| 2024-12-16T06:32:56Z
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Tripadvisor (NASDAQ:TRIP – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.
Several other equities analysts have also weighed in on the stock. Citigroup cut their price objective on shares of Tripadvisor from $20.00 to $16.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th. Truist Financial cut their price target on Tripadvisor from $21.00 to $17.00 and set a “hold” rating on the stock in a research note on Wednesday, September 4th. TD Cowen upped their price objective on Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Cantor Fitzgerald cut their target price on Tripadvisor from $12.00 to $11.00 and set an “underweight” rating on the stock in a research note on Thursday, November 7th. Finally, Wedbush restated a “neutral” rating and set a $17.00 target price (up from $16.00) on shares of Tripadvisor in a research report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $18.33.
Get Our Latest Stock Report on Tripadvisor
Tripadvisor Stock Up 0.7 %
Tripadvisor (NASDAQ:TRIP – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Tripadvisor had a return on equity of 10.37% and a net margin of 1.98%. The firm had revenue of $532.00 million during the quarter, compared to analyst estimates of $527.86 million. During the same period last year, the company earned $0.35 earnings per share. The company’s revenue was down .2% on a year-over-year basis. On average, equities research analysts forecast that Tripadvisor will post 0.37 EPS for the current year.
Institutional Investors Weigh In On Tripadvisor
Large investors have recently made changes to their positions in the stock. True Wealth Design LLC acquired a new position in Tripadvisor in the 3rd quarter worth $27,000. Capital Performance Advisors LLP bought a new stake in shares of Tripadvisor in the third quarter valued at about $28,000. Fifth Third Bancorp boosted its position in shares of Tripadvisor by 104.1% during the second quarter. Fifth Third Bancorp now owns 1,659 shares of the travel company’s stock worth $30,000 after buying an additional 846 shares during the period. Future Financial Wealth Managment LLC acquired a new position in shares of Tripadvisor during the third quarter worth about $43,000. Finally, Quest Partners LLC grew its holdings in shares of Tripadvisor by 14,244.4% during the second quarter. Quest Partners LLC now owns 2,582 shares of the travel company’s stock worth $46,000 after buying an additional 2,564 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.
Tripadvisor Company Profile
TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.
Further Reading
- Five stocks we like better than Tripadvisor
- 3 Warren Buffett Stocks to Buy Now
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Investing In Preferred Stock vs. Common Stock
- Texas Instruments: The Old-School Tech Titan Still Delivering
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https://www.tickerreport.com/banking-finance/12746791/tripadvisor-nasdaqtrip-stock-rating-lowered-by-stocknews-com.html
| 2024-12-16T06:32:56Z
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Needham & Company LLC upgraded shares of Upstart (NASDAQ:UPST – Free Report) from a hold rating to a buy rating in a research note released on Friday, MarketBeat Ratings reports. Needham & Company LLC currently has $100.00 price objective on the stock.
A number of other equities analysts have also recently commented on UPST. Redburn Atlantic raised shares of Upstart from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $37.00 to $95.00 in a research note on Tuesday, December 3rd. BTIG Research raised Upstart from a “sell” rating to a “neutral” rating in a research note on Monday, November 11th. Piper Sandler upgraded Upstart from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $31.00 to $85.00 in a research report on Friday, November 8th. Citigroup upgraded Upstart from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $56.00 to $87.00 in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. downgraded Upstart from a “neutral” rating to an “underweight” rating and raised their price target for the stock from $45.00 to $57.00 in a research report on Monday, December 2nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $61.80.
Check Out Our Latest Stock Analysis on Upstart
Upstart Stock Performance
Insiders Place Their Bets
In other news, CTO Paul Gu sold 4,019 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $75.00, for a total transaction of $301,425.00. Following the transaction, the chief technology officer now directly owns 863,065 shares of the company’s stock, valued at approximately $64,729,875. This trade represents a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Scott Darling sold 6,200 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $39.67, for a total value of $245,954.00. Following the completion of the sale, the insider now owns 161,043 shares of the company’s stock, valued at $6,388,575.81. The trade was a 3.71 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 533,368 shares of company stock worth $32,813,134 over the last quarter. Company insiders own 18.06% of the company’s stock.
Hedge Funds Weigh In On Upstart
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its stake in Upstart by 1.6% in the third quarter. Geode Capital Management LLC now owns 1,816,774 shares of the company’s stock worth $72,702,000 after acquiring an additional 29,482 shares during the period. Fred Alger Management LLC lifted its position in shares of Upstart by 153.2% in the 3rd quarter. Fred Alger Management LLC now owns 1,246,839 shares of the company’s stock worth $49,886,000 after purchasing an additional 754,416 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Upstart by 63.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 725,582 shares of the company’s stock valued at $29,031,000 after purchasing an additional 282,481 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Upstart by 5.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 642,876 shares of the company’s stock valued at $25,721,000 after buying an additional 32,052 shares during the period. Finally, Two Sigma Advisers LP raised its stake in Upstart by 689.5% in the third quarter. Two Sigma Advisers LP now owns 589,000 shares of the company’s stock worth $23,566,000 after buying an additional 514,400 shares in the last quarter. Institutional investors own 63.01% of the company’s stock.
Upstart Company Profile
Upstart Holdings, Inc, together with its subsidiaries, operates a cloud-based artificial intelligence (AI) lending platform in the United States. Its platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar loans that connects consumer demand for loans to its to bank and credit unions.
Further Reading
- Five stocks we like better than Upstart
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- High Flyers: 3 Natural Gas Stocks for March 2022
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- What is the Hang Seng index?
- Texas Instruments: The Old-School Tech Titan Still Delivering
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https://www.tickerreport.com/banking-finance/12746792/upstart-nasdaqupst-upgraded-at-needham-company-llc.html
| 2024-12-16T06:32:57Z
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Corporate Social Responsibility (CSR) has become a household topic among scholars, particularly in the field of business management, and it is gaining wider acceptance in today’s contemporary world. The central debate surrounding CSR revolves around whether organisations should be socially responsible. Within private organisations, this discussion primarily presents an ethical dilemma, blending social welfare concerns with the profit and wealth maximisation motives of private firms.
Interestingly, the principle of business ethics cannot be entirely separated from the concept of CSR. Business ethics can be defined as the study of proper business policies and practices related to potentially contemporary and controversial topics such as corporate governance, insider trading, bribery and corruption, embezzlement, discrimination, fiduciary responsibilities, and corporate social responsibility (CSR) (Wikipedia).
Read also: Introducing Cedar Money: An Essential Tool for Secure, High-Volume and Global Business Payments
It is important to note that debates persist across various corporate jurisdictions about whether ethical or morally acceptable behaviour necessitates rejecting potentially profitable activities due to their unacceptable dimensions. Business ethics is often considered subjective, varying between firms and geographical locations.
Several pressing questions have emerged in different contexts: Should a firm relocate to a country with lower wage levels? Should a company release a life-saving drug for examination? Can a firm balance health and safety considerations? Should an organisation practice positive discrimination in any way? Should working hours be limited? Above all, should advertising exclude children and focus solely on adults?
“Remarkably, a strong business ethics model can substitute for costly advertising and publicity efforts, leading to increased sales volume and profitability.”
Answering these critical questions effectively gives rise to the concept of business ethics.
Corporate code of ethics examined
The Corporate Code of Ethics, also known as Business Ethics, involves the study of proper business policies and practices concerning contemporary and controversial issues, including corporate governance, insider trading, bribery and corruption, embezzlement, discrimination, fiduciary responsibilities, and corporate social responsibility.
This code can be viewed as a framework regulated by rules, while some believe it provides a basic guideline that businesses may choose to follow for general public acceptance.
In simple terms, business ethics comprises the principles that guide the behaviour of a business. The same rules and ideologies that govern an individual’s actions and inactions are applicable in the context of business. Moreover, business ethics offer robust rules and guidelines for an organisation’s decision-making structure.
It is crucial to understand that business ethics differ from general social behavioural patterns. Evidence suggests that a firm’s ethics significantly influence its reputation.
Good business ethics are essential for the long-term success of any business. Implementing sound ethical practices fosters a healthy organisational culture, which, in turn, significantly boosts profitability. While establishing a strong ethical framework requires considerable time and energy, the results go beyond enhancing the company’s image—it can also change lives.
Read also: Businesses link price moderation to stable naira
The role of ethics in business success
An organisation’s ethical stance reflects its commitment to surpassing minimum regulatory and ethical obligations toward its stakeholders and society at large. The extent to which a company adopts such practices often depends on the ethical perspective of the firm and its leadership.
Ethical stance, which represents the position one takes when confronted with ethical dilemmas, may be influenced by numerous factors. A robust ethical model leads to greater brand patronage, increased sales, and higher profit margins over time.
Business ethics influence all levels of business activities and interactions with stakeholders, including employees, customers, competitors, and suppliers. A well-implemented ethical model encourages addressing customer concerns, ensuring honest and fair dealings with suppliers and customers, and enhancing the welfare of stakeholders without prejudice. It also supports the production and delivery of high-quality goods or services, fostering product loyalty.
Remarkably, a strong business ethics model can substitute for costly advertising and publicity efforts, leading to increased sales volume and profitability. This financial success translates into adequate tax payments to the government, bolstering public revenue and supporting the provision of essential infrastructure.
Building public trust and credibility
Above all, adherence to a good ethical framework promotes a company’s ability to act in the public interest, thereby enhancing public trust in the business and improving its credibility.
Kingsley Ndubueze Ayozie, FCTI, FCA, is a Public Affairs Analyst and Chartered Accountant writing from Lagos.
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| 2024-12-16T06:32:58Z
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Lightning Can Charge Your Smartphone
Thunder power! In a Frankensteinian breakthrough, scientists have for the first time charged a mobile phone using lightning bolt.
Thunder power! In a Frankensteinian breakthrough, scientists have for the first time charged a mobile phone using lightning bolt.
Famous English author Mary Shelley in her gothic novel 'Frankenstein' used lightning to breathe life into the Frankenstein's monster, some 200 years ago.
The ground-breaking, proof-of-concept research by the University of Southampton, UK, into harnessing the power of lightning for personal use, is an industry first.
The finding could potentially see consumers tap one of nature's significant energy sources to charge their devices in a sustainable manner, researchers said.
The study was undertaken to investigate how natural power resources could be used to a charge a mobile phone with an energy simulation similar to that of a bolt of lightning.
"We were excited by this challenge presented to us by Nokia. Using an alternating current driven by a transformer, over 200,000 volts was sent across a 300mm gap - giving heat and light similar to that of a lightning bolt. The signal was then stepped into a second controlling transformer, allowing us to charge the phone," Neil Palmer of the University's Tony Davies High Voltage Laboratory - one of the world's leading high voltage laboratories - said.
"This discovery proves devices can be charged with a current that passes through the air, and is a huge step towards understanding a natural power like lightning and harnessing its energy," Palmer added.
"This is a first for any mobile phone company to trial this kind of technology. We obviously aren't recommending people try this experiment at home, but we are always looking to disrupt and push the boundaries of technology and find innovative ways to improve the performance of our products," said Chris Weber, Executive Vice President for Sales and Marketing at Nokia, which collaborated in the study.
PTI
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https://www.indiatimes.com/technology/mobile/lightning-can-charge-your-smartphone-104835.html
| 2024-12-16T06:32:59Z
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Love, Packers cruise to victory over Seahawks; Smith injured
SEATTLE (AP) — Romeo Doubs improbably pulled in his second touchdown catch of the night from Jordan Love, sealing a decisive victory for the Packers and moving them closer to the postseason.
Love threw for 229 yards and the two TDs to Doubs, and Green Bay ended the Seattle Seahawks' four-game winning streak with a 30-13 victory Sunday night.
It was the second touchdown, which Doubs caught as he was falling to the turf while tightly covered by Seattle's Devon Witherspoon with 4:59 left, that had opposing fans at Lumen Field loudly chanting “Go Pack Go!”
“The couple drives before that, we just felt like we weren’t getting much out of it, you know, we weren’t executing at that high level and making those plays we were making,” Love said. “To kind of have some of those drives stall out and then to put a drive down the field and finish with that touchdown out there — Romeo making a great catch — definitely helps you be able to breathe a little bit better.”
Josh Jacobs ran for 94 yards and a touchdown for the Packers (10-4), who have won eight of 10. Brandon McManus kicked three field goals.
The Seahawks (8-6) lost quarterback Geno Smith to a knee injury in the third quarter.
Smith was hit low by Packers linebacker Edgerrin Cooper and threw his helmet to the ground after he limped off the field. He was replaced by Sam Howell, who had just one previous snap for Seattle.
Smith completed 15 of 19 passes for 149 yards with an interception, and Howell went 5 of 14 for 24 yards and a pick.
The Packers' two losses over their last 10 have come to NFC North-leading Detroit, including a 34-31 defeat on Dec. 5, meaning the division title is likely out of reach. Green Bay has yet to clinch a playoff spot, but the team is getting close to where it wants to be.
“I like where we’re at,” Love said. “We’ve just got to keep figuring out ways to get better, to keep pushing each other and find ways to get these wins to end the season off. But I like where we’re at.”
The Seahawks fell into a first-place tie with the Los Angeles Rams in the NFC West, and Smith's injury could impact their chances of winning the division. He will undergo scans on Monday, but coach Mike Macdonald said the knee appeared structurally sound.
“We know what type of team we are. We know what the goal is, what we’re trying to accomplish. Playoff ball is just putting the emphasis on what we said early in the year that we wanted to get done,” Seattle linebacker Ernest Jones IV said. “That’s win the division, go into the playoffs, get a home playoff game, one or two, or whatever the case may be.”
Love finished 20 of 27, and Doubs, who missed the last two games in the concussion protocol, had three catches for 40 yards.
Smith was intercepted in the end zone in the first half and the Seahawks trailed 20-3 at the break. Green Bay scored on all four of its first-half possessions.
An unnecessary roughness penalty on Seattle's Riq Woolen put the Packers on the Seattle 28 on their initial possession. Jacobs' 1-yard TD run capped the drive.
The Packers went up 14-0 on Love's 13-yard pass to Doubs, who dragged two defenders with him into the end zone before waving at a television camera.
The Seahawks closed the gap on Jason Myers' 48-yard field goal, but McManus answered with a 38-yarder for the Packers.
The Seahawks drove to the Green Bay 12, but Smith's pass intended for Noah Fant was intercepted by in the end zone by Carrington Valentine, the first career pick for the second-year defensive back.
It was Smith's 13th interception this season and fourth in the end zone.
Woolen was flagged for pass interference on Doubs on Green Bay's final series of the half, but the Packers settled for McManus' 21-yard field goal.
The Seahawks showed life early in the fourth quarter on Zach Charbonnet's 24-yard touchdown run that made it 23-13. Three plays later, Doubs put it away with his pretty 22-yard throw to Doubs, who got his elbow down in the back of the end zone.
Traveling Pack
Green Bay, making its first trip to Lumen Field since 2018, had not won at Seattle since 2008. Coach Matt LaFleur and Love said they were surprised by the number of Packers fans — and how loud they were.
“This is a tough place to play, it’s extremely loud, and I was shocked when our defense was on the field and I could hear our Packer fans. I definitely think that made a difference for us,” LaFleur said.
Injuries
Packers: LB Quay Walker (ankle) left in the first half and did not return. All-Pro CB Jaire Alexander (knee) was inactive for a fourth straight game.
Seahawks: RB Kenneth Walker III did not play. C Olu Oluwatimi injured his right knee in the first half.
Up next
Packers: Host New Orleans on Monday, Dec. 23.
Seahawks: Host Minnesota next Sunday. The Vikings, who host Chicago Monday night, clinched a playoff spot with Seattle's loss.
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AP NFL: https://apnews.com/hub/NFL
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https://www.tsn.ca/nfl/jordan-love-green-bay-packers-cruise-to-victory-over-seattle-seahawks-1.2220972
| 2024-12-16T06:33:01Z
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YesMadam CEO on facing armed robbery in Liberia: ‘Broke my leg trying to escape’
YesMadam CEO Mayank Arya has shared a treatise on resilience and personal growth, recounting the time he was robbed in the African nation of Liberia.
YesMadam CEO Mayank Arya has shared a treatise on resilience and personal growth, recounting the time he was robbed in the African nation of Liberia. Arya revealed that in 2013, he became the victim of an armed robbery where he broke his leg while trying to escape. The injury was so severe that doctors told him that a full recovery would take two years.
In a post shared on LinkedIn, the founder and CEO of YesMadam said that the intervening decade between the armed robbery and the present taught him a lot. “They say time heals all wounds. But that’s a lie. It’s what you do with time that truly builds you up,” Arya said in his post.
His post comes in the wake of the social media storm created by YesMadam after a company email, written by the HR head, claimed that stressed-out employees would be fired. The at-home beauty services startup later clarified that no employee was fired and the email was part of a campaign to highlight workplace stress.
What happened in 2013
In his LinkedIn post shared this morning, YesMadam CEO Mayank Arya revealed that he became the victim of an armed robbery in December 2013 that left him with a severe leg injury. He also shared a picture from the time when he lay recovering in bed.
“December 09, 2013: Somewhere off the Liberia coast. I had just survived an armed robbery. I broke my leg trying to escape during the chaos and it looks bad. Very bad,” he recounted on LinkedIn.
Arya gave a glimpse into his pessimistic thought process at the time, where pain kept him up at night. “Funny how life works - one minute you’re doing your job, next you're lying here wondering if you will ever walk properly again,” he wrote, adding that doctors told him that recovery would take two whole years.
A life lesson
The Noida-based CEO next wrote a letter to his past self, elaborating on the lesson that the armed robbery incident taught him.
“Hey Mayank from 2013, it's 2024 and guess what? The leg that felt like the end of the world? It carried us further than you could’ve imagined,” Arya wrote in his letter to his past self.
“You fought through all the pain, and today you are running your own company. Our company.
“You taught me that real courage isn't in never falling. It's in refusing to stay fallen.
“So thank you for teaching me not to give up. Because now? We’re running! Not just on our feet but towards a purpose we are proud of,” he said.
Arya launched YesMadam in 2016, three years after he survived the robbery in Liberia.
He ended his post with a promise of more things to come. Arya’s post on overcoming adversity seems to have struck a chord with the internet, as many commenters praised his spirit of resilience.
“Mayank, your journey is truly inspiring. It’s remarkable how adversity can be a catalyst for growth and transformation,” wrote one LinkedIn user in the comments section. “What a great journey, it must be difficult for you, but glad to know you didn't give up,” another wrote.
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https://www.hindustantimes.com/trending/yesmadam-ceo-mayank-arya-on-facing-armed-robbery-in-liberia-broke-my-leg-trying-to-escape-101734328265037.html
| 2024-12-16T06:33:01Z
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Specifications for the 2015 Porsche 911 Carrera 4 Gts. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4-gts-991-my15-petrol-2d-cabriolet-fRbkCvt7AU
| 2024-12-16T06:33:00Z
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Jubilant Pharmova Ltd notched up volume of 5.34 lakh shares by 10:46 IST on BSE, a 29 fold spurt over two-week average daily volume of 18403 shares
Sun Pharma Advanced Research Company Ltd, Five-Star Business Finance Ltd, The Ramco Cements Ltd, Aditya Birla Real Estate Ltd are among the other stocks to see a surge in volumes on BSE today, 16 December 2024.
Jubilant Pharmova Ltd notched up volume of 5.34 lakh shares by 10:46 IST on BSE, a 29 fold spurt over two-week average daily volume of 18403 shares. The stock slipped 2.06% to Rs.1,093.20. Volumes stood at 17130 shares in the last session.
Sun Pharma Advanced Research Company Ltd saw volume of 2.23 lakh shares by 10:46 IST on BSE, a 8.53 fold spurt over two-week average daily volume of 26087 shares. The stock increased 9.15% to Rs.231.45. Volumes stood at 21924 shares in the last session.
Five-Star Business Finance Ltd registered volume of 96529 shares by 10:46 IST on BSE, a 2.68 fold spurt over two-week average daily volume of 36031 shares. The stock rose 3.43% to Rs.671.50. Volumes stood at 38641 shares in the last session.
The Ramco Cements Ltd witnessed volume of 37604 shares by 10:46 IST on BSE, a 2.52 times surge over two-week average daily volume of 14922 shares. The stock increased 0.47% to Rs.1,045.80. Volumes stood at 36870 shares in the last session.
Aditya Birla Real Estate Ltd clocked volume of 8626 shares by 10:46 IST on BSE, a 2.19 times surge over two-week average daily volume of 3939 shares. The stock gained 2.40% to Rs.2,818.25. Volumes stood at 3690 shares in the last session.
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https://www.business-standard.com/markets/capital-market-news/volumes-spurt-at-jubilant-pharmova-ltd-counter-124121600301_1.html
| 2024-12-16T06:33:01Z
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Maye Musk, mother of billionaire entrepreneur Elon Musk, recently shared insights into her son’s ambitious goals and her own journey as a single mother. In a conversation about her family’s early years, she revealed how financial struggles shaped her life and the values she instilled in her children.
During a conversation with Fox Business about her son’s accomplishments, Maye offered a unique perspective on Elon’s drive to transform industries, particularly his involvement with the goals of Dogecoin and his ongoing influence in the tech world. She also reflected on the challenges of raising a “genius” who is now one of the wealthiest men in the world. Maye emphasized the role of determination and hard work in helping her family navigate difficult times.
On the social networking website X, Maye Musk shared a photo of young Elon Musk from 1990, which resurfaced on X (formerly Twitter). The image, featuring a young Elon in a black suit and tie standing in a modest apartment, prompted Maye to share the story behind the photo.
“This photo was taken in our rent-controlled apartment in Toronto, with my mom’s painting on the wall. The suit cost USD 99, which included a free shirt, tie, and socks. A great bargain,” she wrote in response.
At 76, Maye Musk, a dietitian and model, has built a successful career over five decades. She has often spoken candidly about the hardships she faced as a single mother after her divorce from Elon’s father, Errol Musk. Despite financial hardships, Maye worked tirelessly to provide for her three children.
The Musk family’s journey took them from South Africa to Canada and later to the United States. During their tough years, Maye found inventive ways to make ends meet. In her memoir, A Woman Makes a Plan: Advice for a Lifetime of Adventure, Beauty, and Success, she described how her children grew up with little material wealth. “We’d buy second-hand clothes. We couldn’t afford to eat out. I fed them peanut butter sandwiches. My kids loved it! They didn’t know they were deprived,” she recalled.
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https://www.livemint.com/news/trends/out-of-control-elon-musks-mother-maye-musk-opens-up-about-raising-worlds-richest-man-his-plans-for-dogecoin-11734324364303.html
| 2024-12-16T06:33:01Z
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Maye Musk, mother of billionaire entrepreneur Elon Musk, recently shared insights into her son’s ambitious goals and her own journey as a single mother. In a conversation about her family’s early years, she revealed how financial struggles shaped her life and the values she instilled in her children.
During a conversation with Fox Business about her son’s accomplishments, Maye offered a unique perspective on Elon’s drive to transform industries, particularly his involvement with the goals of Dogecoin and his ongoing influence in the tech world. She also reflected on the challenges of raising a “genius" who is now one of the wealthiest men in the world. Maye emphasized the role of determination and hard work in helping her family navigate difficult times.
On the social networking website X, Maye Musk shared a photo of young Elon Musk from 1990, which resurfaced on X (formerly Twitter). The image, featuring a young Elon in a black suit and tie standing in a modest apartment, prompted Maye to share the story behind the photo.
“This photo was taken in our rent-controlled apartment in Toronto, with my mom’s painting on the wall. The suit cost USD 99, which included a free shirt, tie, and socks. A great bargain," she wrote in response.
At 76, Maye Musk, a dietitian and model, has built a successful career over five decades. She has often spoken candidly about the hardships she faced as a single mother after her divorce from Elon’s father, Errol Musk. Despite financial hardships, Maye worked tirelessly to provide for her three children.
The Musk family’s journey took them from South Africa to Canada and later to the United States. During their tough years, Maye found inventive ways to make ends meet. In her memoir, A Woman Makes a Plan: Advice for a Lifetime of Adventure, Beauty, and Success, she described how her children grew up with little material wealth. “We’d buy second-hand clothes. We couldn’t afford to eat out. I fed them peanut butter sandwiches. My kids loved it! They didn’t know they were deprived," she recalled.
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https://www.livemint.com/news/trends/out-of-control-elon-musks-mother-maye-musk-opens-up-about-raising-worlds-richest-man-his-plans-for-dogecoin/amp-11734324364303.html
| 2024-12-16T06:33:03Z
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Birkenstock (NYSE:BIRK – Get Free Report) will be releasing its earnings data before the market opens on Wednesday, December 18th. Analysts expect Birkenstock to post earnings of $0.29 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Birkenstock Price Performance
BIRK stock opened at $55.06 on Monday. The business has a 50 day simple moving average of $49.31 and a 200-day simple moving average of $53.03. The company has a market capitalization of $10.34 billion, a P/E ratio of 90.26, a PEG ratio of 1.19 and a beta of 2.22. Birkenstock has a twelve month low of $41.00 and a twelve month high of $64.78. The company has a current ratio of 2.91, a quick ratio of 1.49 and a debt-to-equity ratio of 0.55.
Analysts Set New Price Targets
A number of research analysts have commented on BIRK shares. BTIG Research set a $60.00 price objective on shares of Birkenstock and gave the company a “buy” rating in a research note on Friday, October 18th. Telsey Advisory Group restated an “outperform” rating and issued a $70.00 price target on shares of Birkenstock in a research report on Friday. Hsbc Global Res raised Birkenstock to a “strong-buy” rating in a research report on Tuesday, December 3rd. HSBC upgraded Birkenstock from a “hold” rating to a “buy” rating and lifted their target price for the company from $58.00 to $60.00 in a research note on Tuesday, December 3rd. Finally, Stifel Nicolaus increased their price target on Birkenstock from $63.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.13.
Birkenstock Company Profile
Birkenstock Holding plc manufactures and sells footwear products. It also offers sandals, shoes, closed-toe silhouettes, skincare products, and accessories. The company sells its products through e-commerce sites and a network of owned retail stores, as well as business-to-business channels. It operates in the United States, Brazil, Canada, Mexico, Europe, APMA, and internationally.
See Also
- Five stocks we like better than Birkenstock
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- How to Plot Fibonacci Price Inflection Levels
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Texas Instruments: The Old-School Tech Titan Still Delivering
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https://www.tickerreport.com/banking-finance/12746793/birkenstock-birk-set-to-announce-earnings-on-wednesday.html
| 2024-12-16T06:33:04Z
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Last month, I shared an article that delved into the complexities of vulnerability, mainly focusing on avoiding vulnerability blowback. In that article, I introduced a repurposed BRAVING acronym, emphasising one key concept: Aim. This component highlighted the importance of ensuring our vulnerability is directed at the right audience with great intention. This intention must be purposeful and of value; otherwise, aimless sharing can be detrimental for us while lacking significance for those we’re trying to reach. In my recent piece, in which I discussed my career transition from banking to wellness, I aimed to exemplify the concept of being vulnerably safe. This week, I want to delve deeper into the transformative journey that helped me turn my painful experiences into a source of passion and wholeness. In exploring this, I hope to shed light on the path to understanding one’s triggers and how to navigate them effectively.
To understand the concept of vulnerability in wellness, we must first recognise that everyone has “allergens.” These allergens can be various substances or environmental factors that trigger undesirable physical and emotional reactions. Sometimes, we may not be aware of these allergens within ourselves, yet they still exist. It’s also important to note that some allergens can cause reactions later in life than during our formative years—meaning that certain things we once tolerated easily in our youth may no longer be acceptable as we age. Considering the myriad factors that contribute to our well-being, poor diets, hormonal changes, stress levels, ageing, and living conditions can all take a toll on our health. The ability to recognise one’s allergens is, indeed, a rare gift. This awareness sets the foundation for a healthier lifestyle and provides a pathway to manage well-being effectively.
Since stepping into the realm of wellness and starting my wellness practice, I have encountered numerous individuals grappling with allergic reactions—many of whom had never considered that their discomfort could be rooted in these triggers. Some individuals had undergone multiple surgeries only to find temporary relief because their symptoms were addressed without eradicating the underlying causes. Upon identifying my triggers, I found it much easier to avoid them, which, in turn, mitigated unnecessary strain on my body. Remarkably, I began to see improvements as I experienced months free from back-to-back health issues that had previously plagued me. This newfound understanding empowered me to make informed decisions about my environment and lifestyle, ultimately leading to a more stable and predictable state of well-being.
In addition to dietary changes, I prioritise self-care, including regular spa visits. This time became my designated “me time”—a sacred space for de-stressing and shedding the pressures of daily life. The soothing atmosphere combined with treatments designed to promote relaxation enabled me to build resilience against the stress that had previously triggered migraines. These tranquil moments facilitated a reconnection with my body and mind, fostering an essential sense of peace for my overall health. One of my go-to treatments during this “me time” was hot stone massage. This unique form of massage therapy employs water-treated basalt stones, which are rich in iron and known for their healing properties. In a typical session, warm stones are placed on specific body parts to promote relaxation and open energy pathways known as meridians. Hot stone massage is particularly ideal for this time of year. A session envelops the recipient in warmth that can last for days while alleviating body pains and addressing bone aches.
The benefits of this treatment extend far beyond mere relaxation; hot stone therapy aids deep muscle and tissue relaxation, alleviates stress, promotes toxin release, enhances blood circulation, calms the psyche, and soothes a myriad of physical discomforts. Moreover, this therapy has been shown to effectively treat disorders such as arthritis, anxiety, back pain, circulatory problems, depression, fibromyalgia, stress, insomnia, multiple sclerosis, and various muscular aches and pains. Thus, it proves to be a versatile tool for managing wellness.
As we navigate our wellness journeys, we must reflect on how our dietary choices impact our health. For example, did you know that not just organ meats can increase uric acid levels? Certain fish—especially canned varieties—along with red meat, poultry, sugar, flour, alcohol, and specific vegetables can elevate uric acid to levels leading to gout. This realisation emphasises the importance of mindfulness concerning our food intake. Pay close attention to how your body reacts after consuming certain foods and consider retracing any health concerns or emergencies to what was ingested in the last 24-48 hours.
Ultimately, the interplay between vulnerability and wellness is a powerful reminder of the human experience. Embracing our frailties, understanding our triggers, and prioritising self-care are essential to optimal health. Take the time to reflect on your well-being. Are there allergens in your life that are yet to be identified? Uncovering these aspects of your life can cultivate a life rooted in intentionality and care. I welcome your thoughts and experiences. Please feel free to share your insights.
Olayinka Opaleye is a Wellbeing Specialist and Corporate Wellness Strategist. She can also be reached at +234 8100371304 or by clicking on www.linkedin.com/in/olayinkaopaleye.
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| 2024-12-16T06:33:04Z
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Top Phones Below Rs 2000 In India
Check out some of the best basic phones available in India.
Check out some of the best basic phones available in India.
Salora SM301a
Salora SM301a is one of the cheapest budget phones out there at just Rs 899. The phone is a very basic device and should serve you as a second phone or a back-up phone.
Karbonn K101
This basic phone is a good option for those looking for looks with functionality. At Rs 929, the phone is a complete steal.
Micromax Bolt X088
For Rs 1000, Micromax Bolt X088 is the perfect second phone that comes with the Indian Samsung nemesis tag. The phone is not that great in the looks department but as long as it functions perfectly, that shouldn't be an issue.
Videocon V1413
This cute little phone bundles all essential features for a price as little as Rs 1000!
Lava ARC 1+
Lava ARC 1+ is a basic feature phone which comes with dual-SIM, camera and even supports memory expansion, all for just a little over Rs 1000.
Celkon C355
Celkon C355 is a budget phone with most features of a basic phone at a low price.
iBall Shaan Fab2.4V8
iBall Shaan Fab2.4V8 is a phone with a different cool look at a low price. The phone comes with some good features and is worth every penny at Rs 1250.
Intex Force
The budget phone Intex Force is a dual-SIM device that comes with a camera and FM radio. For Rs 1250, the phone is a good deal.
Samsung Guru Series
Samsung changed their fate in the budget segment with the launch of Samsung Guru series phones. And for below 2k, the phones are still strong contenders in the Indian market.
Nokia 105
The once most trusted brand might have fallen a notch or two and been acquired by Microsoft. But their budget phones still rock!
An adventure lover and philosopher, her affair with words began at a young age. You can find her scribbling away at all odd hours of the day (and night) and if not with her head buried deep inside a book, she is generally romancing nature or ambling along through the maze of Indian streets. A carefree soul, she truly believes happiness lies within.
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https://www.indiatimes.com/technology/mobile/top-phones-below-rs-2000-in-india-104891.html
| 2024-12-16T06:33:06Z
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Brazil heron takes flight after plastic cup removed from throat | Photos
Veterinarians rescued a heron in Brazil after removing a plastic cup blocking its throat. The incident raised awareness about pollution's effects on wildlife.
A heron took flight in Rio de Janeiro on Sunday, stretching its wings and soaring over a river after veterinarians saved it from near-certain death by removing a plastic cup attached to its neck and blocking its throat.
The mission to save the bird prompted an outcry in Brazil over the impact of plastic pollution on wildlife in a city famed for its forested mountains overlooking a bustling seaside metropolis.
As its cage opened, the lanky heron hesitated for a moment before stepping out and leaping into the air, its white-gray wings carrying it over the river in Rio's Recreio dos Bandeirantes neighborhood.
"God willing, it won't find any plastic or cups on the way," said Jeferson Pires, a veterinary biologist at a wildlife center who first sighted the unfortunate animal this month and posted about its predicament on social media.
The logo of the popular 200-ml (6.7-oz) guarana fruit-flavored drink was clearly visible on the heron's throat before it was captured last Friday. Video showed it struggling in vain to pick the cup off with its orange beak.
"What we saw today with this heron, over these two weeks, is how much these animals are impacted by plastic," said environmentalist Isabelle de Loys after the bird was freed.
The obstruction was preventing it from eating, and would probably cause starvation in a matter of days without surgical intervention, Pires said.
The carnivorous heron was seen at one point vomiting a fish it could not swallow because of the cup. Pires said lesions on the bird's long neck were probably due to such failed efforts to eat, leaving it slightly underweight.
Following Pires' initial posts, the heron became an environmental symbol. Its saga garnered coverage from major newspapers and broadcasters in Brazil, and sparked outrage online over the damage caused by single-use plastics.
After the cup was surgically removed, Pires said he was eager to release the elegant bird back into nature.
"We saw no reason to keep holding her," he said.
The bird, known to scientists as a Cocoi heron, the largest species of heron found in Latin America, is closely related to the great blue heron.
With their habitat spanning Panama to the southern tip of South America, the birds weigh up to 3 kg (7 lbs) with wings of length about 40 cm (16 inches).
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https://www.hindustantimes.com/world-news/brazil-heron-takes-flight-after-plastic-cup-removed-from-throat-photos-101734326767966.html
| 2024-12-16T06:33:07Z
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Bharti Airtel shares slipped 1.2 per cent in Monday's trade and recorded an intraday low at Rs 1,661.55 per share on BSE. The stock declined after The Department of Telecommunications, Delhi (DoT) imposed a Rs 79,000 penalty on the telecom major. On NSE, 2.205 million shares changed hands while, on BSE 0.08 million shares were traded.
Around 11:32 AM, Bharti Airtel share price was down 1.04 per cent at Rs 1664.5 per share on BSE. In comparison, the BSE Sensex was down 0.52 per cent at 81,703.91. The market capitalisation of the company stood at Rs 9,47,620.17 crore. The 52-week high of the stock was at Rs 1,778.95 per share and the 52-week low was at Rs 959.8 per share.
Bharti Airtel received a notice from DoT for alleged violation of subscriber verification norms and was penalised Rs 79,000 for violation.
"Alleged violation of terms and conditions with respect to subscriber verification norms under the License Agreement, pursuant to Sample CAF Audit conducted by DoT for August, 2024," the filing read. The maximum financial impact is to the extent of the penalty levied, the filing added.
Bharti Airtel is a major Indian multinational telecommunications company founded by Sunil Bharti Mittal in 1995, headquartered in New Delhi. It is one of the largest telecom operators in India and operates in 18 countries across South Asia and Africa, serving over 550 million customers.
Airtel provides a wide range of services, including mobile voice and data services (2G, 3G, 4G, and 5G), fixed-line broadband, digital television (Airtel Digital TV), and enterprise solutions. The company is recognized for its strong network infrastructure, customer service, and continuous innovation in offering affordable and high-speed internet services.
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The telecom company has been a leader in launching 4G services in India and is expanding its 5G capabilities. Its market capitalisation is substantial, reflecting its dominant position in the telecom industry.
In the past one year, Bharti Aitel shares have gained 69.3 per cent against Sensex's rise of 15 per cent.
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https://www.business-standard.com/markets/news/bharti-airtel-slips-after-dot-imposes-rs-79-000-penalty-check-details-here-124121600312_1.html
| 2024-12-16T06:33:07Z
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Specifications for the 2015 Porsche 911 Carrera 4 Gts. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4-gts-991-my15-petrol-2d-coupe-XJrFH7nTah
| 2024-12-16T06:33:07Z
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Sri Lanka President begins key talks to strengthen ties with India
Sri Lankan President Anura Kumara Dissanayake, during his three-day official visit to India, met key Indian leaders yesterday (December 15) at the ITC Maurya Hotel in New Delhi.
He held discussions with Indian Finance and Corporate Affairs Minister Nirmala Sitharaman, External Affairs Minister Dr. S. Jaishankar, and National Security Advisor Shri Ajit Doval.
President Dissanayake and Minister Sitharaman focused on boosting Indo-Sri Lankan economic cooperation and attracting more investments to Sri Lanka.
They also discussed increasing Indian tourist arrivals, modernizing Sri Lanka’s agriculture sector, and improving digital infrastructure.
In his meeting with Dr. Jaishankar, the talks centered on using India’s vast market to support Sri Lanka’s economic recovery. Dr. Jaishankar assured India’s continued support in tourism, investments and energy.
They also addressed shared interests such as developing the fisheries industry and promoting national unity in Sri Lanka.
Later, President Dissanayake met Shri Ajit Doval to discuss regional security issues.
Sri Lankan officials accompanying the President included Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath, and Deputy Minister of Economic Development and Labour Prof. Anil Jayantha Perera.
Latest Headlines in Sri Lanka
- Sri Lanka’s Agriculture Ministry seeks public help to control crop-damaging animals December 16, 2024
- Sri Lanka President begins key talks to strengthen ties with India December 16, 2024
- Sri Lanka President Anura Kumara Dissanayake receives a grand welcome in India December 15, 2024
- Five acting ministers appointed during Sri Lanka President’s India visit December 15, 2024
- Sri Lanka President Anura Kumara Dissanayake begins first official visit to India December 15, 2024
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https://www.onlanka.com/news/sri-lanka-president-begins-key-talks-to-strengthen-ties-with-india.html
| 2024-12-16T06:33:09Z
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Specifications for the 2015 Porsche 911 Carrera 4 Gts. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4-gts-991-my15-petrol-2d-coupe-ddwlszh5CX
| 2024-12-16T06:33:09Z
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Bangladesh's interim leader Muhammad Yunus today said that the country's general elections would likely be held late next year (2025) or in early 2026, according to an AFP report.
Nobel Peace Prize winner Yunus (84), took charge as head of the caretaker government installed after an August 2024 student-led revolution pushed out the Sheikh Hasina regime. He was appointed chief adviser and is facing pressure to set a date for the general elections, the report added.
Yunus has deemed the challenges ahead for his temporary administration to be “extremely tough” as it seeks to restore democratic institutions in the neighbouring country. Bangladesh has a population of 170 million people.
“Election dates could be fixed by the end of 2025 or the first half of 2026,” Yunus said in a broadcast on state television.
He added that his administration has launched commissions to oversee a raft of reforms that are needed, continuing that setting an election date depends on what political parties agree.
“Throughout, I have emphasised that reforms should take place first before the arrangements for an election. If the political parties agree to hold the election on an earlier date with minimum reforms, such as having a flawless voter list, the election could be held by the end of November. But including the full list of electoral reforms would delay polls by a few months,” Yunus stated.
Hasina (77), fled to India by helicopter as thousands of protesters, mainly college students, stormed the prime minister's palace in Dhaka in August 2024. Her government was accused of politicising courts and the civil service, as well as staging lopsided elections, to dismantle democratic checks on its power.
Hasina's 15-year rule saw widespread human rights abuses, including the mass detention and extrajudicial killings of her political opponents.
(With inputs from AFP)
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https://www.livemint.com/news/world/bangladesh-elections-late-2025-or-early-2026-interim-leader-muhammad-yunus-world-news-politics-reform-sheikh-hasina-govt-11734325275975.html
| 2024-12-16T06:33:10Z
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BMO Capital Markets began coverage on shares of O’Reilly Automotive (NASDAQ:ORLY – Free Report) in a research report report published on Friday morning, Marketbeat.com reports. The brokerage issued an outperform rating and a $1,400.00 price objective on the specialty retailer’s stock.
Other research analysts have also issued reports about the company. Bank of America increased their price objective on O’Reilly Automotive from $1,204.00 to $1,290.00 and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Royal Bank of Canada increased their price objective on O’Reilly Automotive from $1,115.00 to $1,286.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their price objective on O’Reilly Automotive from $1,125.00 to $1,300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Wells Fargo & Company increased their price objective on O’Reilly Automotive from $1,250.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Finally, DA Davidson reiterated a “buy” rating and issued a $1,275.00 price objective on shares of O’Reilly Automotive in a research report on Thursday, October 24th. Four analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,257.00.
Read Our Latest Research Report on O’Reilly Automotive
O’Reilly Automotive Stock Performance
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The specialty retailer reported $11.41 EPS for the quarter, missing the consensus estimate of $11.53 by ($0.12). O’Reilly Automotive had a net margin of 14.52% and a negative return on equity of 155.25%. The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same period in the prior year, the business posted $10.72 EPS. O’Reilly Automotive’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, analysts predict that O’Reilly Automotive will post 40.85 earnings per share for the current fiscal year.
Insider Buying and Selling at O’Reilly Automotive
In other news, SVP Jeffery Thomas Loafman sold 620 shares of O’Reilly Automotive stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $1,240.39, for a total transaction of $769,041.80. Following the sale, the senior vice president now owns 5 shares in the company, valued at approximately $6,201.95. The trade was a 99.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrea Weiss sold 600 shares of O’Reilly Automotive stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $1,224.07, for a total value of $734,442.00. Following the sale, the director now owns 700 shares in the company, valued at $856,849. This trade represents a 46.15 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is owned by insiders.
Hedge Funds Weigh In On O’Reilly Automotive
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Darwin Wealth Management LLC purchased a new stake in O’Reilly Automotive in the 3rd quarter valued at approximately $32,000. Trifecta Capital Advisors LLC lifted its stake in shares of O’Reilly Automotive by 383.3% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 29 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 23 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in shares of O’Reilly Automotive during the 3rd quarter worth $37,000. Princeton Global Asset Management LLC purchased a new position in shares of O’Reilly Automotive during the 3rd quarter worth $41,000. Finally, Kings Path Partners LLC purchased a new position in shares of O’Reilly Automotive during the 2nd quarter worth $44,000. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Company Profile
O’Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.
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https://www.tickerreport.com/banking-finance/12746794/oreilly-automotive-nasdaqorly-earns-outperform-rating-from-analysts-at-bmo-capital-markets.html
| 2024-12-16T06:33:10Z
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Healthcare in Africa faces numerous challenges, including limited resources, inequitable access, high out-of-pocket expenses, and varying quality of services. Health insurance and value-based care offer promising frameworks to address these challenges by improving access, affordability, and outcomes. This essay explores these concepts and their potential to transform healthcare in Africa.
Health insurance in Africa
Health insurance is a mechanism for pooling financial resources to cover medical expenses, reducing the burden of out-of-pocket payments for individuals. In Africa, the penetration of health insurance remains low, with most countries relying heavily on informal and out-of-pocket payments. However, several initiatives are showing promise:
Community-Based Health Insurance (CBHI):
CBHI schemes operate in rural and underserved areas, enabling communities to pool resources for healthcare coverage. For example, Rwanda’s Mutuelles de Santé has achieved significant coverage, reaching over 90 percent of its population, and is a model for other African nations.
Read also: HMCAN, IHFM advocate health insurance for Nigerians, induct new members
National Health Insurance Schemes (NHIS):
Countries like Ghana and Nigeria have implemented NHIS programs to expand coverage. However, inefficiencies, corruption, and insufficient funding have limited their impact.
Private insurance models:
Private health insurance providers are expanding in urban areas, offering packages tailored to middle-class and affluent populations. However, these models often exclude most people who cannot afford premiums.
Value-Based Care in Africa
Value-based care (VBC) is a healthcare delivery model prioritising patient outcomes and cost-efficiency over the volume of services provided. Unlike fee-for-service models incentivising unnecessary treatments, VBC encourages preventive care, effective disease management, and patient satisfaction.
“In Africa, the penetration of health insurance remains low, with most countries relying heavily on informal and out-of-pocket payments.”
Critical components of VBC in Africa include:
Focus on preventive care:
VBC reduces long-term costs and improves health outcomes by addressing diseases at earlier stages. For example, public health campaigns targeting malaria, HIV, and non-communicable diseases are essential for value-based care delivery.
Performance-Based Financing:
Programmes like the World Bank’s Results-Based Financing for Health in Africa incentivise healthcare providers to achieve measurable outcomes, such as higher immunisation rates and maternal health improvements.
Data-driven decisions:
Leveraging technology to collect and analyse patient data can help providers deliver personalised and effective care. For instance, mobile health platforms are being used to track patient outcomes and streamline care delivery.
Integrating health insurance and value-based care
Combining health insurance and value-based care could create a synergistic framework to improve healthcare in Africa.
Funding mechanisms:
Health insurance schemes can provide the financial backing for value-based initiatives by reimbursing providers based on outcomes rather than services rendered.
Cost containment:
By emphasising preventive care and efficient treatments, VBC reduces the overall costs of healthcare, making insurance schemes more sustainable.
Read also: Health Insurance Scheme needs expansion to cover low-income earners, informal workers -Senator
Equity in healthcare access:
Integrating VBC into insurance schemes ensures that underserved populations receive high-quality care. Subsidised or government-supported insurance can address affordability barriers.
Strengthening primary health care:
Both health insurance and VBC emphasise the role of primary care as the foundation for health systems. By investing in community health workers and local clinics, Africa can achieve broader coverage and better outcomes.
Challenges and opportunities
While the integration of health insurance and value-based care offers immense potential, several challenges must be addressed:
Low awareness: Many populations need to become more familiar with health insurance and VBC concepts, requiring robust education and awareness campaigns.
Infrastructure deficits: Limited healthcare infrastructure in rural areas hampers the implementation of comprehensive care models.
Policy and governance: Weak regulatory frameworks and corruption can undermine the success of insurance schemes and VBC programmes.
Technological gaps: Adequate data collection and analysis tools are essential for VBC but must be developed in many regions.
However, opportunities abound. Africa’s growing population, increasing digital adoption, and rising middle class present fertile ground for scalable insurance models and value-based care systems.
Conclusion
Health insurance and value-based care represent transformative approaches to addressing Africa’s healthcare challenges. By combining financial risk-sharing with outcome-driven care, these models can improve access, affordability, and quality of healthcare services. With strategic investments in infrastructure, technology, and policy reforms, Africa can move closer to achieving universal health coverage and a healthier population. The synergy between these frameworks holds the potential to redefine the continent’s healthcare landscape for future generations.
Prof Lere Baale is the CEO of Business School Netherlands International in Nigeria and a Strategy Consultant for CMOE-Middle East and African Region (MEAR).
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https://businessday.ng/opinion/article/health-insurance-and-value-based-care-in-africa/
| 2024-12-16T06:33:11Z
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Top Smartphones Coming Soon to India
Check out some of the best phones coming soon to Indian shores.
Check out some of the best phones coming soon to Indian shores.
iPhone 5S
With all the hoopla over the Gold iPhone and the all new finger-print recognition technology, we are quite sure the queues are going to be longer this year and the wait more exciting. We just hope the price doesn't prove to be a dampner for Apple enthusiasts!
HTC One Mini
It's been long since HTC announced and even launched the miniature version of their flagship, HTC One Mini globally. And though listed on their site since ages, the phone is yet to make a debut in India. We only hope the phone lands here soon and the wait isn't any more excruciating.
Samsung Galaxy Express
Samsung announced the launch of two mid-range devices last month and one of them is the Samsung Galaxy Express. While the phones are officially yet to launch, the announcement means Samsung Galaxy Express is not that far off!
Nokia 106 and 107
Nokia's budget dual phones which will replace the current Nokia 105 are soon expected to arrive in India. While Nokia 107 is the dual-SIM variant, Nokia 106 is a single SIM device. Both phones come with spill-proof and dust-proof keyboards and are perfect for the second phone or as back-up devices.
iPhone 5C
iPhone 5C might be the colourful, little iPhone but it will always remain to be the 'cheap' phone instead. iPhone 5C is said to be the poor man's iPhone but with a price-tag of Rs 40,000 how rich must the poor man be to actually afford this device?
HTC Desire 500
HTC Desire 500 is HTC's budget smartphone in India and is listed on e-commerce sites. The listing is a hint at the impending launch though there is no word from the company yet.
An adventure lover and philosopher, her affair with words began at a young age. You can find her scribbling away at all odd hours of the day (and night) and if not with her head buried deep inside a book, she is generally romancing nature or ambling along through the maze of Indian streets. A carefree soul, she truly believes happiness lies within.
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https://www.indiatimes.com/technology/mobile/top-smartphones-coming-soon-to-india-104860.html
| 2024-12-16T06:33:12Z
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'Elections possible between…': Bangladesh's Muhammad Yunus on Victory Day
Since August, Bangladesh has been under a caretaker government led by Nobel laureate Muhammad Yunus.
Nobel laureate Muhammad Yunus, the leader of Bangladesh's interim government, on Monday said the next general elections could be held at some point between the end of 2025 and the first half of 2026.
Yunus' remarks came during his national address on the 53rd anniversary of the Bangladesh Liberation War.
"In view of the electoral processes and recommendations of the Electoral Reforms Commission, and if we add in the expected level of reform based on the national consensus, it (elections) could take at least another six months, roughly between the end of 2025 and the first half of 2026," The Daily Star quoted Yunus as saying.
Yunus also highlighted that “extensive work” would have to be done to update the voter list, a critical step in the election process, and the list had not been updated “in 15 years.”
The task, he noted, would be “more challenging” this time as voters “did not participate" in the previous three elections.
"The Election Commission now holds the responsibility for forming the future government," the Chief Adviser of Bangladesh added.
Bangladesh is under a caretaker administration since August, when the government led by Sheikh Hasina, the daughter of Sheikh Mujibur Rahman, the nation's Founding Father, collapsed after weeks of student-led protests.
Also Read: Bangladesh’s ex-PM launches attack on interim govt, calls Yunus a ‘fascist’
Hasina, who was in power since 2009, fled to India and is living here.
The exit of the Awami League supremo was followed by attacks on Bangladesh's minority Hindu community, resulting in tensions with India, a Hindu-majority nation and a neighbour which played a key role in the liberation of what was then a part of Pakistan (as “East Pakistan”).
Last week, Foreign Secretary Vikram Misri visited Bangladesh to discuss bilateral ties, the first high-level official visit after the the interim government.
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https://www.hindustantimes.com/world-news/elections-possible-between-bangladeshs-muhammad-yunus-on-victory-day-101734325275090.html
| 2024-12-16T06:33:13Z
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Shares of Genus Power Infrastructures gained 3.15 per cent at 429.50 per share on the BSE in Monday’s intraday deals. This came after the company announced the commencement of commercial production of its smart electronic energy meter manufacturing facility in Assam.
“We are now pleased to inform you that the company inaugurated the manufacturing facility on December 11, 2024, for trial production, and commenced commercial production on December 13, 2024,” the company said in an exchange filing.
Genus Power Infrastructures Ltd. is an India-based company that manufactures and distributes smart meters and other power infrastructure equipment. As a leading smart meter manufacturer in India, Genus has installed over 75 million meters that can digitally monitor consumption, transmit data to energy providers, and be remotely adjusted.
Additionally, Genus offers engineering, construction, and contracting services for power projects, including substation erection, transmission and distribution line laying, and rural electrification.
Genus Power Infrastructures reported a significant increase in its standalone net profit, reaching Rs 58.25 crore for the September quarter, driven by higher income. This compares to Rs 11.02 crore in the same period of the previous fiscal year (July-September 2023-24).
The company’s total income also saw a substantial rise, growing to Rs 518.28 crore from Rs 268.51 crore a year ago.
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Meanwhile, on the equities side, Genus Power’s stock has underperformed the market year to date as it has surged 30 per cent, while rising 79 per cent in the last one year. In comparison BSE Sensex has risen 6 per cent year to date and 14 per cent in a year.
The company has a total market capitalization of Rs 12,796.91 crore. Its shares are trading at a price to earnings multiple of 87.92 times and at an earning per share of Rs 4.79.
At 11:21 AM; the shares of the company were up 1.15 per cent at Rs 421.15 a piece. By comparison, the BSE Sensex was trading 0.52 per cent lower at 81,702.60 level.
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https://www.business-standard.com/markets/news/genus-power-infra-shares-gain-3-after-co-begins-production-at-new-facility-124121600293_1.html
| 2024-12-16T06:33:13Z
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Sri Lanka’s Agriculture Ministry seeks public help to control crop-damaging animals
The Ministry of Agriculture in Sri Lanka has launched a program to gather public opinions on preventing crop damage caused by wild animals such as toque monkeys, porcupines, wild boars and peacocks.
To mitigate such crop damage, the Ministry and relevant organizations have so far implemented methods such as using air rifles, setting up protective fences and recently introduced monkey sterilization as a measure to control toque monkey populations.
However, as these measures have not significantly reduced crop damage, the Ministry invites experts, environmentalists and all citizens to propose alternative methods or ideas in the form of short project proposals.
These suggestions should be submitted by December 28, 2024 to the email address addlsecdey@agrimin.gov.lk or via WhatsApp to 0770440590.
Latest Headlines in Sri Lanka
- Sri Lanka’s Agriculture Ministry seeks public help to control crop-damaging animals December 16, 2024
- Sri Lanka President begins key talks to strengthen ties with India December 16, 2024
- Sri Lanka President Anura Kumara Dissanayake receives a grand welcome in India December 15, 2024
- Five acting ministers appointed during Sri Lanka President’s India visit December 15, 2024
- Sri Lanka President Anura Kumara Dissanayake begins first official visit to India December 15, 2024
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https://www.onlanka.com/news/sri-lankas-agriculture-ministry-seeks-public-help-to-control-crop-damaging-animals.html
| 2024-12-16T06:33:15Z
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Bangladesh's interim leader Muhammad Yunus today said that the country's general elections would likely be held late next year (2025) or in early 2026, according to an AFP report.
Nobel Peace Prize winner Yunus (84), took charge as head of the caretaker government installed after an August 2024 student-led revolution pushed out the Sheikh Hasina regime. He was appointed chief adviser and is facing pressure to set a date for the general elections, the report added.
Yunus has deemed the challenges ahead for his temporary administration to be “extremely tough" as it seeks to restore democratic institutions in the neighbouring country. Bangladesh has a population of 170 million people.
Tentative Election Dates
“Election dates could be fixed by the end of 2025 or the first half of 2026," Yunus said in a broadcast on state television.
He added that his administration has launched commissions to oversee a raft of reforms that are needed, continuing that setting an election date depends on what political parties agree.
“Throughout, I have emphasised that reforms should take place first before the arrangements for an election. If the political parties agree to hold the election on an earlier date with minimum reforms, such as having a flawless voter list, the election could be held by the end of November. But including the full list of electoral reforms would delay polls by a few months," Yunus stated.
Bangladesh Uprising
Hasina (77), fled to India by helicopter as thousands of protesters, mainly college students, stormed the prime minister's palace in Dhaka in August 2024. Her government was accused of politicising courts and the civil service, as well as staging lopsided elections, to dismantle democratic checks on its power.
Hasina's 15-year rule saw widespread human rights abuses, including the mass detention and extrajudicial killings of her political opponents.
(With inputs from AFP)
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https://www.livemint.com/news/world/bangladesh-elections-late-2025-or-early-2026-interim-leader-muhammad-yunus-world-news-politics-reform-sheikh-hasina-govt/amp-11734325275975.html
| 2024-12-16T06:33:16Z
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Analysts at StockNews.com started coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) in a report issued on Saturday. The brokerage set a “buy” rating on the restaurant operator’s stock.
Rave Restaurant Group Price Performance
NASDAQ RAVE opened at $3.02 on Friday. The company has a market capitalization of $44.42 million, a price-to-earnings ratio of 16.78 and a beta of 0.56. Rave Restaurant Group has a 12 month low of $1.64 and a 12 month high of $3.36. The company’s fifty day moving average price is $2.86 and its two-hundred day moving average price is $2.21.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last issued its earnings results on Thursday, September 26th. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $3.36 million for the quarter. Rave Restaurant Group had a net margin of 21.49% and a return on equity of 21.37%.
Institutional Investors Weigh In On Rave Restaurant Group
Rave Restaurant Group Company Profile
Rave Restaurant Group, Inc, together with its subsidiaries, engages in the operation and franchising of pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn and Pie Five trademarks in the United States and internationally. The company operates through three segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants.
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| 2024-12-16T06:33:17Z
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Nigeria’s inflation is predicted to climb further in November, marking the third straight increase after prices cooled in July and August this year. The National Bureau of Statistics (NBS) is scheduled to publish the data today.
The Bank of England will this week meet to likely adopt a wait-and-look approach after it had cut key rates twice in 2024.
Monday, 16th December
Nigeria’s inflation
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https://businessday.ng/pro/article/economic-week-ahead-what-to-expect-as-nigeria-publishes-november-inflation-data/
| 2024-12-16T06:33:18Z
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Lifesci Capital reissued their market perform rating on shares of Repare Therapeutics (NASDAQ:RPTX – Free Report) in a research note issued to investors on Friday morning,Benzinga reports.
Several other analysts have also weighed in on the company. HC Wainwright restated a “buy” rating and set a $10.00 price target on shares of Repare Therapeutics in a report on Friday, November 8th. Stifel Nicolaus reduced their target price on shares of Repare Therapeutics from $9.00 to $4.00 and set a “buy” rating on the stock in a research note on Friday.
Get Our Latest Stock Analysis on RPTX
Repare Therapeutics Price Performance
Institutional Investors Weigh In On Repare Therapeutics
Institutional investors and hedge funds have recently modified their holdings of the business. Acadian Asset Management LLC boosted its position in Repare Therapeutics by 212.1% in the 2nd quarter. Acadian Asset Management LLC now owns 417,929 shares of the company’s stock valued at $1,373,000 after buying an additional 284,036 shares during the period. Blue Owl Capital Holdings LP raised its stake in shares of Repare Therapeutics by 8.0% during the second quarter. Blue Owl Capital Holdings LP now owns 3,372,499 shares of the company’s stock valued at $11,129,000 after acquiring an additional 250,000 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Repare Therapeutics in the second quarter valued at approximately $110,000. Marshall Wace LLP bought a new position in Repare Therapeutics in the second quarter worth approximately $273,000. Finally, Vontobel Holding Ltd. increased its holdings in Repare Therapeutics by 20.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 24,000 shares of the company’s stock worth $83,000 after purchasing an additional 4,000 shares during the period. 85.09% of the stock is owned by institutional investors.
About Repare Therapeutics
Repare Therapeutics Inc, a clinical-stage precision oncology company, engages in the discovery and development of therapeutics by using its synthetic lethality approach in Canada and the United States. It uses its SNIPRx, a proprietary, genome-wide, and CRISPR-enabled platform, to discover, validate, and build a pipeline of SL-based therapeutics that focuses on genomic instability, including DNA damage repair.
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https://www.tickerreport.com/banking-finance/12746796/repare-therapeutics-rptx-market-perform-rating-reiterated-at-lifesci-capital.html
| 2024-12-16T06:33:18Z
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Furore Over ‘Designer’ Babies
European bioethicists raised the red flag this week over an American patent for a method that could allow people to choose genetic traits like eye colour in children sired from donor eggs or sperm.
PARIS: European bioethicists raised the red flag this week over an American patent for a method that could allow people to choose genetic traits like eye colour in children sired from donor eggs or sperm.
The patent for what is called a "gamete (egg or sperm) donor selection " method, was granted by the US Patent and Trademark Office (USPTO) to the firm 23 and Me on September 24.
A description on the USPTO website said the "technique allows the potential gamete recipients to make more informed donor choices."
"What 23andMe is claiming is a method by which prospective donors of ova and/or sperm may be selected so as to increase the likelihood of producing a human baby with characteristics desired by the prospective parents," said the commentary by medical ethicists from Belgium, the Netherlands and France published in the journal Genetics in Medicine.
This would be based on a computerised comparison of the genomic data of the egg provider with that of the sperm provider.
Characteristics on the parents' "shopping list" could include height, eye colour, muscle development , personality traits, or risk of developing certain types of cancer and other diseases, said the commentators.
A figure attached to the patent application would allow prospective parents to indicate whether "I prefer a child with" : "longest expected life span" , "least expected life cost of health care," or "least expected cumulative duration of hospitalisation," they said.
__PAGEBREAK__
There were also options for "0% likely endurance athlete" and "100 % likely sprinter" , though the company had stated it could not guarantee the outcome but merely boost the chances of a child having the desired traits. The commentators describe the method as "hugely ethically controversial" — particularly as it allows for the selection of characteristics that have nothing to do with the child's health. "At no stage during the examination of the patent application did the patent office examine or question whether techniques for facilitating the 'design' of future human babies were appropriate subject matter for a patent," they wrote. The USPTO said it did not comment on issued patents.
23andMe said the patent, applied for more than five years ago, was for a tool dubbed Family Traits Inheritance Calculator that offered "an engaging way for you and your partner to see what kind of traits your child might inherit from you" — from eye colour to whether the child will be able to perceive bitter taste or be lactose intolerant.
The language of the patent was much broader than the technology to support the calculator , the company said in a blog on its website.
"At the time 23andMe filed the patent, there was consideration that the technology could have potential applications for fertility clinics, so language specific to the fertility treatment process was included ," it said. "The company never pursued the concepts discussed in the patent beyond our Family Traits Inheritance Calculator, nor do we have any plans to do so." AFP
Child construction
Parents could 'shop for' eye colour, height, personality traits, and a lowered risk of disease Parents could say whether "I prefer a child with" "longest expected life span" , "least expected cost of health care" Other options could include "0% likely endurance athlete" and "100% likely sprinter" The company has stated it cannot guarantee outcomes but merely boost chances of a child having the desired traits
AFP
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https://www.indiatimes.com/technology/science/furore-over-designer-babies-105220.html
| 2024-12-16T06:33:18Z
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Toppled Syrian President Bashar Al Assad flew $250 million in cash to Moscow: Report
According to the report, the denomination of currency notes used in these transactions were $100 bills and €500 bills.
According to a report, ousted Syrian President Bashar Al Assad sent $250 million in cash to Moscow between 2018 and 2019. The transaction was reportedly done in two currencies, the US Dollar and Euro.
The report, if true, shows the financial ties that Assad enjoyed with Russia during the Syrian Civil War. The records showed Syrian Central Bank’s flights to the Vnukovo Airport in Moscow. According to Financial Times, it was there that the cash was deposited in Russian Banks.
Russia was Assad's lifeline ever since the Civil War broke out in Syria in 2011. It was especially true for his regime when the country faced a shortage of foreign currency. The alleged transactions happened between March 2018 to September 2019, the immediate aftermath of Russian Forces helping repel the rebel forces from the gates of Damascus.
According to the report, the denomination of currency notes used in these transactions were $100 bills and €500 bills. These happened in chunks like $10 million or $20 million in one go.
Bashar Al Assad fled to Moscow after ouster
Earlier this month, the rebel groups, led by Hayat Tahrir Al Sham, reached the gates of Damascus after launching a lightning offensive against the Bashar Al Assad regime. They had taken over the city of Aleppo a few days before that and began their March towards the capital.
As many as four cities, including Homs, fell in the last 24 hours before the rebels reached Damascus. But Bashar Al Assad was nowhere to be found.
The President who had ruled the country since his father Hafez Al Assad’s death in 2000, and who had clung to power despite the civil war since 2011, had taken an early morning flight out of Syria to Russia.
The Kremlin later confirmed that Assad had been given political asylum in the country.
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https://www.hindustantimes.com/world-news/toppled-syrian-president-bashar-al-assad-flew-250-million-in-cash-to-moscow-report-101734326221297.html
| 2024-12-16T06:33:19Z
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The NSE Nifty 50 index, thus far, has delivered up to 13.7 per cent gain in the year 2024, in spite of periods of sharp volatility. The National Stock Exchange (NSE) benchmark index registered a new summit at 26,277 - on September 27. The year's low stood at 21,137 - hit on January 24. Amid this, large-cap stocks too have delivered bountiful gains this calendar year. 4 out of every 5 large-cap stocks were seen holding gains for the year as of December 13; whereas, more than 2 out of 107 large-cap stocks on the NSE had surged more than 50 per cent in the same period. New-age stock - Zomato leads the list with a gain of 133 per cent. That apart, Trent and Vedanta too have more-than-doubled in this calendar year. Other prominent gainers include stocks like - Siemens, Mahindra & Mahindra (M&M), Bharat Electronics (BEL), Hindustan Aeronautics (HAL), Bharti Airtel, Indian Railway Finance Corporation (IRFC), Hindustan Zinc, Shriram Finance and Divi's Laboratories - up 50 - 96 per cent each. Going ahead into the New Year 2025, 2 out of this year's top-performers look set for yet another robust performance on the bourses based on the existing technical chart patterns. Here's a technical outlook on 5 large-cap stocks that are likely to deliver over 20 per cent upside in the calendar year 2025.
ALSO READ: Market outlook 2025: Brokerages on opportunities, risks, investible themes Zomato Current Price: Rs 292 Upside Potential: 26.7% Support: Rs 240 Resistance: Rs 323; Rs 350 Apart from the 133 per cent gain in the calendar year 2024, Zomato stock has witnessed a phenomenal rally of nearly 500 per cent since the start of the financial year 2024 - from levels of Rs 51 to a high of Rs 305. The long-term chart shows that the stock has been chugging around the higher-end of the Bollinger Bands for the last 21 months. ALSO READ: MidCaps HDFC AMC, L&T Fin can rally up to 18%; show charts Similarly, on the weekly chart too Zomato has been making higher highs and higher lows since May 2023. Barring the blip in June 2024, the stock has broadly found support around its 20-WMA (Weekly Moving Average) in case of dips. Chart shows that Zomato is expected to trade with a favourable bias as long as the stock holds above Rs 240 levels. On the upside, the stock can potentially rally to Rs 370; with interim resistance expected around Rs 323 and Rs 350 next year. CLICK HERE FOR THE CHART Hindustan Aeronautics (HAL) Current Price: Rs 4,681 Upside Potential: 25.5% Support: Rs 4,475; Rs 4,230; Rs 3,977 Resistance: Rs 4,970; Rs 5,400 Despite the mid-year share price correction, HAL continues to hold a strong 68 per cent gain for the calendar year 2024 at present levels. The stock was up 104 per cent at the highest point (Rs 5,669) in the year. Amid the intra-year correction, HAL stock seems to have found support around its super trend line on the weekly scale, which stands at Rs 3,977. Going ahead, the stock is expected to trade with a favourable bias as long as this support is held; near support for the stock can be expected around Rs 4,475 and Rs 4,230 levels. On the upside, the stock can potentially resume its uptrend, and rally to newer heights around Rs 5,875 levels. Interim resistance for the stock can be expected around Rs 4,970 and Rs 5,400 levels. CLICK HERE FOR THE CHART Apollo Hospitals Current Price: Rs 7,210 Upside Potential: 20% Support: Rs 6,990; Rs 6,000 Resistance: Rs 7,400; Rs 7,700; Rs 8,150 Apollo Hospitals stock is seen making higher-highs and higher-lows on the monthly scale in 2024. The stock thus far has hit a new high at Rs 7,545. In the second-half of 2024, the stock has consistently found support around its 20-WMA, which now stands at Rs 6,990. Thus, the chart hints that the bias at the counter is likely to remain upbeat as long as Rs 6,990 is maintained on a weekly closing basis. Below which, next major support for the stock exists around Rs 6,000-mark. ALSO READ: Dixon Tech, Ambuja, BHEL among stocks to buy on dips On the upside, the stock needs to break and trade consistently above Rs 7,400 for fresh upward momentum to resume. As such, the stock can potentially soar to Rs 8,650; with interim resistance seen at Rs 7,700 and Rs 8,150 levels. CLICK HERE FOR THE CHART Bajaj Finance Current Price: Rs 7,220 Upside Potential: 21.2% Support: Rs 6,450; Rs 5,500 Resistance: Rs 7,700; Rs 8,100 Bajaj Finance stock has been consolidating broadly in the range of Rs 5,300 - Rs 7,800 for the last 4 years. Chart shows that the lower-end of the range coincides with the super trend line on the monthly scale; thus showing presence of support around Rs 5,500 levels. Near support for the stock is seen at Rs 6,450. Select key momentum oscillators are now on the verge of turning favourable for the stock. Hence, Bajaj Finance stock may witness a positive trend in the coming period. As such, the stock can potentially surge to Rs 8,750, with interim resistance likely around Rs 7,700 and its previous high of Rs 8,100 levels. CLICK HERE FOR THE CHART Avenue Supermart (DMart) Current Price: Rs 3,635 Upside Potential: 21% Support: Rs 3,580; Rs 3,550; Rs 3,475; Rs 3,330 Resistance: Rs 3,700; Rs 3,980; Rs 4,050 DMart can be a contra-buy call for next year, as the stock at present trades in an oversold zone, and near key long-term support levels. As per the long-term chart, the stock is trading fairly close to its super trend line support on the monthly scale, which stands at Rs 3,580. The stock till date has never broken the monthly super trend line support. On the weekly scale, the stock is fairly oversold, with select key momentum oscillators showing some signs of possible pull-back. Chart shows, the stock may seek support around Rs 3,550, below which next significant support stands at Rs 3,475 and Rs 3,330 levels. On the upside, the stock will need to break and trade consistently above Rs 3,700 - Rs 3,980 - Rs 4,040 resistance zone for the overall mood to turn favourable. Above which, a rally towards Rs 4,400 seems likely. CLICK HERE FOR THE CHART
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https://www.business-standard.com/markets/news/zomato-bajaj-fin-5-largecaps-that-can-gain-over-20-in-2025-time-to-buy-124121600284_1.html
| 2024-12-16T06:33:19Z
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China races to squelch unrest as signs of economic malaise spread
Summary
- Knife attacks and car rammings have officials unnerved about widespread societal discontent.
Faced with rising social frustrations and public unrest, China’s leaders are ramping up security measures and squelching discordant views on the country’s economic health.
A spate of deadly attacks in China in recent weeks—including mass stabbings and car-ramming incidents—has unnerved officials and ordinary people alike, raising concerns that stagnating growth has played a role in fueling unrest and even outbursts of violence, amid an increase in public protests over economic grievances.
In response, the Communist Party’s security czar last month ordered nationwide efforts to “resolve conflicts at the grassroots and nip them in the bud." China’s top prosecutor urged officials to better protect the rights of low-income workers, job-seeking graduates and vulnerable groups such as the elderly as a way to “strictly prevent extreme cases from happening."
Officials have fanned out to screen for people who have suffered financial or emotional setbacks and assess their risks of disrupting public order. Authorities also deployed paramilitary troops to help guard some schools in Beijing and elsewhere, after some recent attacks appeared to target students. Internet censors, meanwhile, have scrubbed viral commentaries about weaknesses in the world’s second-largest economy.
At its latest meeting this month, the party’s elite Politburo implicitly acknowledged the connection between economic difficulties and social unrest, ordering officials to “protect people’s livelihoods" with the goal of “ensuring the overall stability of society."
Xi’s challenges are formidable. Millions of young Chinese struggle to find jobs. Homeowners have been watching their property values sink, while others worry that debt-laden developers might not finish building the apartments they bought. Many migrant workers and even some government employees aren’t getting paid.
Beijing is also bracing for Donald Trump’s imminent return to the White House, with the president-elect’s promises of heavy tariffs likely to heap more stress on the Chinese economy.
Academics and activists have long tried to track protests in China as a way to assess social currents. While such unrest has typically stemmed from localized issues, such as unpaid wages and land seizures, recent dissent also reflects disillusionment among many younger and middle-class Chinese who face bleaker economic prospects, said Christian Göbel, a professor at the University of Vienna who researches state-society relations in China.
“If the party cannot protect its people and cannot make the economy grow—and these are two things that it has placed its legitimacy on—there is a problem for the party," Göbel said.
The risks of societal spillover could also complicate Xi’s efforts to better fortify the nation for prolonged tensions with the West.
“We must firmly adhere to the bottom line of secure development," Li Zheng, vice president of the Central University of Finance and Economics in Beijing, said in late November at an academic conference that examined links between the economy and the risks of social unrest. He said that China’s development was facing unprecedented challenges.
While authorities have long ceased publishing statistics on “mass incidents," the official lingo for public protests, activists tracking unrest in China say their partial data indicate festering tensions.
China Dissent Monitor, a platform run by Washington-based rights advocacy group Freedom House, has tracked more than 7,000 instances of public unrest across the country over the past 2½ years—with more than 46% of incidents related to worker protests and more than a quarter involving property owners.
By tracking social media, news reports and other sources, the platform documented a marked increase in public protests this year, mostly driven by economic grievances such as unpaid wages, stalled housing projects and demands for refunds from failed businesses, said Kevin Slaten, a Freedom House researcher who oversees China Dissent Monitor.
In October, China Dissent Monitor counted 435 protests, the highest monthly tally since it started tracking such data, and the first time in about two years that the platform logged more property-related protests than instances of labor unrest.
“The party may choose to make greater use of a powerful repressive apparatus that it has built and invested in over decades, but that too carries risk of backlash," Slaten said.
The dissent today is all the more striking given that Xi’s government has tightened curbs on protests of any kind, including economic ones spurred by labor or financial disputes that aren’t overtly political.
Xi has also placed a greater emphasis on pre-empting disputes, particularly through what he calls an updated version of the “Fengqiao experience," a Mao-era practice of mobilizing locals to monitor their own communities and mitigating social tensions at source, scholars say.
The recent attacks provide extreme examples of what can happen when that strategy fails. On Nov. 11, a man killed 35 people by driving a car into a crowd at a sports stadium in the southern city of Zhuhai. The police said in a preliminary report about the incident that the suspect was unhappy with how assets had been split up in a divorce.
Days later, eight people were killed in a knife assault at a vocational college by a former student who authorities said had grown frustrated from failing an exam and over the pay he received during an internship.
Earlier knife attacks in recent months also targeted foreigners in China, including Japanese nationals—one of whom, a 10-year-old boy, died—and four instructors from a U.S. college who were in China as part of a partnership program with a local university.
In recent weeks, some parents of schoolgoing children have noticed heightened security at elementary schools in Beijing, where authorities have deployed paramilitary police officers—dressed in camouflage uniforms—to guard the entrances, according to social-media posts.
Police in Sui county in central China said they brought in paramilitary troops, armed with assault rifles, to help protect schools during peak hours when pupils arrive and leave. In the southern city of Foshan, residents buzzed on social media over how many local schools and kindergartens had placed concrete barriers or metal barricades outside their entrances—apparently to prevent car-ramming attacks.
Elevated security is being paired with a suppression of information about the recent attacks, with many media outlets hewing to brief statements from authorities without providing much context. “On the surface this looks like a form of stricter social governance," Yan Zhihua, a researcher at Nanjing University’s Zijin Media Think Tank wrote in a recent Chinese magazine commentary. “But behind it is actually a purging of the information environment, which can cause society’s natural adjustment mechanisms to fail."
More broadly, the party has continued to suppress negative commentary about China’s economy. In recent days, internet censors appeared to scrub separate speeches by two Chinese economists after they went viral, while seemingly curbing access to their social-media accounts.
One of them, Fu Peng, chief economist at Northeast Securities, a Chinese brokerage, purportedly warned at a November conference that policy missteps could arise when observers—fearful of being denounced as unpatriotic—avoid speaking candidly about the economy, according to transcripts and recordings circulated online.
This month, Gao Shanwen, chief economist at state-owned brokerage SDIC Securities, said China’s post-Covid economic data showed weaker consumption growth in provinces with younger populations compared with regions with older residents—a phenomenon observers describe as “vibrant old people, lifeless young people, and hopeless middle-aged people."
Many young people can’t find jobs or are disappointed with the work they get, Gao told a conference, according to transcripts and videos circulated online. “Young people are scrimping on clothing and food, turning off the lights and eating noodles."
Earlier this month, a Chinese news outlet said Fu’s video account on the WeChat social-media app was blocked from accepting new followers, though access appeared normal as of Sunday. Gao’s public WeChat account has since disappeared. Fu and Gao didn’t respond to requests for comment.
Write to Chun Han Wong at chunhan.wong@wsj.com and Brian Spegele at Brian.Spegele@wsj.com
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https://www.livemint.com/news/world/china-races-to-squelch-unrest-as-signs-of-economic-malaise-spread-11734329432147.html
| 2024-12-16T06:33:22Z
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This Christmas, consider gifting your loved ones something that could grow in value over time, and a classic example of this is penny stocks.
In the Nigerian context, penny stocks describe shares that trade at relatively low prices, typically below N5 per share.
The term is borrowed from the American capital markets, where "penny stocks" refers to shares of small-cap or micro-cap companies.
Often overlooked, penny stocks can offer unique opportunities for those who can take a ri
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https://businessday.ng/pro/article/five-penny-stocks-to-gift-your-loved-ones-this-christmas/
| 2024-12-16T06:33:24Z
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NASHVILLE, Tenn. (WTVF) — Melissa Alvarez-Zabriskie gets to Nashville's courthouse early to place white roses in the lawn.
"You know having everybody here and participating was kind of intentional," said Alvarez-Zabriskie. "I want our community to be heard, seen and protected.
The roses represent each life lost to gun violence in front of the courthouse steps. The people that showed up put one more rose in the ground this time than they did the last time they came.
"This girl Ashley she is just a baby she is only 18-years-old," said Alvarez-Zabriskie.
A bright, ambitious teenager from Nashville lives in the hearts of Ashley Dominguez' family. Those memories flood back to her older sister Miara Fragaso.
"She was literally a star she was funny she was a peacemaker," said Fragaso.
Between makeup sessions, jokes on her parents and Ashley's love for her friends, they relived their memories after she died from a gunshot wound on December 1st.
"She loved cars and I love cars and she wanted to learn how to drive stick shift so I was like okay let's do it," said Fragaso. " I saw how she grew into the beautiful young lady that she was and she got into that car and she started it but the minute she put it in first gear it started rolling she was 'like wait what just happened."
Ashley joined more than 700 white roses. Alvarez-Zabriskie said they represent gun violence deaths in the last ten years.
"So we know that there is a problem in Antioch right but what are we doing to fix it?" said Alvarez-Zabriskie. "Come out, support and push for change, Legislative change or just even community safety precautions to be able to keep us safe."
The words of her community shouted loud 'Long live Ashley Dominguez'.
Do you have more information about this story? You can email me at (Kim.Rafferty@newschannel5.com).
Fostering Hope provides Christmas for kids in foster care. I'm delighted to see Fostering Hope expand this year to expand their reach to now include kids in Foster care in metro AND foster kids in East TN hard hit by Helene.
-Bree Smith
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https://www.newschannel5.com/news/family-unites-against-gun-violence-and-remembers-nashville-teen-as-bright-and-ambitious
| 2024-12-16T06:33:24Z
|
Faced with rising social frustrations and public unrest, China’s leaders are ramping up security measures and squelching discordant views on the country’s economic health.
Faced with rising social frustrations and public unrest, China’s leaders are ramping up security measures and squelching discordant views on the country’s economic health.
A spate of deadly attacks in China in recent weeks—including mass stabbings and car-ramming incidents—has unnerved officials and ordinary people alike, raising concerns that stagnating growth has played a role in fueling unrest and even outbursts of violence, amid an increase in public protests over economic grievances.
A spate of deadly attacks in China in recent weeks—including mass stabbings and car-ramming incidents—has unnerved officials and ordinary people alike, raising concerns that stagnating growth has played a role in fueling unrest and even outbursts of violence, amid an increase in public protests over economic grievances.
In response, the Communist Party’s security czar last month ordered nationwide efforts to “resolve conflicts at the grassroots and nip them in the bud." China’s top prosecutor urged officials to better protect the rights of low-income workers, job-seeking graduates and vulnerable groups such as the elderly as a way to “strictly prevent extreme cases from happening."
Officials have fanned out to screen for people who have suffered financial or emotional setbacks and assess their risks of disrupting public order. Authorities also deployed paramilitary troops to help guard some schools in Beijing and elsewhere, after some recent attacks appeared to target students. Internet censors, meanwhile, have scrubbed viral commentaries about weaknesses in the world’s second-largest economy.
At its latest meeting this month, the party’s elite Politburo implicitly acknowledged the connection between economic difficulties and social unrest, ordering officials to “protect people’s livelihoods" with the goal of “ensuring the overall stability of society."
Xi’s challenges are formidable. Millions of young Chinese struggle to find jobs. Homeowners have been watching their property values sink, while others worry that debt-laden developers might not finish building the apartments they bought. Many migrant workers and even some government employees aren’t getting paid.
Beijing is also bracing for Donald Trump’s imminent return to the White House, with the president-elect’s promises of heavy tariffs likely to heap more stress on the Chinese economy.
Academics and activists have long tried to track protests in China as a way to assess social currents. While such unrest has typically stemmed from localized issues, such as unpaid wages and land seizures, recent dissent also reflects disillusionment among many younger and middle-class Chinese who face bleaker economic prospects, said Christian Göbel, a professor at the University of Vienna who researches state-society relations in China.
“If the party cannot protect its people and cannot make the economy grow—and these are two things that it has placed its legitimacy on—there is a problem for the party," Göbel said.
The risks of societal spillover could also complicate Xi’s efforts to better fortify the nation for prolonged tensions with the West.
“We must firmly adhere to the bottom line of secure development," Li Zheng, vice president of the Central University of Finance and Economics in Beijing, said in late November at an academic conference that examined links between the economy and the risks of social unrest. He said that China’s development was facing unprecedented challenges.
While authorities have long ceased publishing statistics on “mass incidents," the official lingo for public protests, activists tracking unrest in China say their partial data indicate festering tensions.
China Dissent Monitor, a platform run by Washington-based rights advocacy group Freedom House, has tracked more than 7,000 instances of public unrest across the country over the past 2½ years—with more than 46% of incidents related to worker protests and more than a quarter involving property owners.
By tracking social media, news reports and other sources, the platform documented a marked increase in public protests this year, mostly driven by economic grievances such as unpaid wages, stalled housing projects and demands for refunds from failed businesses, said Kevin Slaten, a Freedom House researcher who oversees China Dissent Monitor.
In October, China Dissent Monitor counted 435 protests, the highest monthly tally since it started tracking such data, and the first time in about two years that the platform logged more property-related protests than instances of labor unrest.
“The party may choose to make greater use of a powerful repressive apparatus that it has built and invested in over decades, but that too carries risk of backlash," Slaten said.
The dissent today is all the more striking given that Xi’s government has tightened curbs on protests of any kind, including economic ones spurred by labor or financial disputes that aren’t overtly political.
Xi has also placed a greater emphasis on pre-empting disputes, particularly through what he calls an updated version of the “Fengqiao experience," a Mao-era practice of mobilizing locals to monitor their own communities and mitigating social tensions at source, scholars say.
The recent attacks provide extreme examples of what can happen when that strategy fails. On Nov. 11, a man killed 35 people by driving a car into a crowd at a sports stadium in the southern city of Zhuhai. The police said in a preliminary report about the incident that the suspect was unhappy with how assets had been split up in a divorce.
Days later, eight people were killed in a knife assault at a vocational college by a former student who authorities said had grown frustrated from failing an exam and over the pay he received during an internship.
Earlier knife attacks in recent months also targeted foreigners in China, including Japanese nationals—one of whom, a 10-year-old boy, died—and four instructors from a U.S. college who were in China as part of a partnership program with a local university.
In recent weeks, some parents of schoolgoing children have noticed heightened security at elementary schools in Beijing, where authorities have deployed paramilitary police officers—dressed in camouflage uniforms—to guard the entrances, according to social-media posts.
Police in Sui county in central China said they brought in paramilitary troops, armed with assault rifles, to help protect schools during peak hours when pupils arrive and leave. In the southern city of Foshan, residents buzzed on social media over how many local schools and kindergartens had placed concrete barriers or metal barricades outside their entrances—apparently to prevent car-ramming attacks.
Elevated security is being paired with a suppression of information about the recent attacks, with many media outlets hewing to brief statements from authorities without providing much context. “On the surface this looks like a form of stricter social governance," Yan Zhihua, a researcher at Nanjing University’s Zijin Media Think Tank wrote in a recent Chinese magazine commentary. “But behind it is actually a purging of the information environment, which can cause society’s natural adjustment mechanisms to fail."
More broadly, the party has continued to suppress negative commentary about China’s economy. In recent days, internet censors appeared to scrub separate speeches by two Chinese economists after they went viral, while seemingly curbing access to their social-media accounts.
One of them, Fu Peng, chief economist at Northeast Securities, a Chinese brokerage, purportedly warned at a November conference that policy missteps could arise when observers—fearful of being denounced as unpatriotic—avoid speaking candidly about the economy, according to transcripts and recordings circulated online.
This month, Gao Shanwen, chief economist at state-owned brokerage SDIC Securities, said China’s post-Covid economic data showed weaker consumption growth in provinces with younger populations compared with regions with older residents—a phenomenon observers describe as “vibrant old people, lifeless young people, and hopeless middle-aged people."
Many young people can’t find jobs or are disappointed with the work they get, Gao told a conference, according to transcripts and videos circulated online. “Young people are scrimping on clothing and food, turning off the lights and eating noodles."
Earlier this month, a Chinese news outlet said Fu’s video account on the WeChat social-media app was blocked from accepting new followers, though access appeared normal as of Sunday. Gao’s public WeChat account has since disappeared. Fu and Gao didn’t respond to requests for comment.
Write to Chun Han Wong at chunhan.wong@wsj.com and Brian Spegele at Brian.Spegele@wsj.com
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https://www.livemint.com/news/world/china-races-to-squelch-unrest-as-signs-of-economic-malaise-spread/amp-11734329432147.html
| 2024-12-16T06:33:24Z
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Note: This is a paid announcement from The Sharing Center — DH
Last year, The Sharing Center provided 5,000 people with food, housing and employment assistance.
Services provided by The Sharing Center include:
- Holiday meals
- Christmas gifts
- Winter coats
- Food pantry
- Children’s services
- Housing assistance
- Senior Services
- Veterans services
- Employment assistance
Your help is need to continue this work. Here’s an idea of how your donation can be put to work.
- $25 provides 4 families with diapers
- $50 purchases holiday meals for 22 families
- $100 can keep the lights on and house warm
You can learn more about The Sharing Center and its mission here. You can make a one-time or ongoing donation here.
In addition to its regular weekday hours, The Sharing Center will be open Saturdays Nov. 23 and Dec. 21.
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https://www.westofthei.com/2024/12/16/a-word-from-our-sponsors-help-the-sharing-center-help-others-3/100187
| 2024-12-16T06:33:24Z
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New Treatments to Tackle Allergies
Scientists have zeroed-in on new treatments for people with allergies to grasses and to dust mites, says a study.
LONDON: Scientists have zeroed-in on new treatments for people with allergies to grasses and to dust mites, says a study.
The treatments are from a new class of therapy, known as 'synthetic peptide immuno-regulatory epitopes', or SPIREs.
There are two treatments, one for grass allergy, which is commonly known as hay fever, and the other for dust mite allergy.
These are expected to help people who, as a reaction to grass pollen or the tiny bugs that live in house dust, have sneezing bouts, itching eyes and a running nose, impacting their productivity at school or work.
The two studies were conducted by Adiga Life Sciences, a joint venture between McMaster University and Circassia, a UK-based biotechnology company, and was supported by St. Joseph's Healthcare Hamilton.
It is estimated that these allergens together are responsible for more than 50 percent of allergic respiratory disease. Between 15 and 25% of the population in North America and Europe is sensitive to pollen from different grass species.
One in four people is sensitized to house dust mites, more than any other common allergen, which includes millions of people in these regions, reports Science Daily.
IANS
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https://www.indiatimes.com/technology/science/new-treatments-to-tackle-allergies-study-105070.html
| 2024-12-16T06:33:25Z
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Stephens reiterated their overweight rating on shares of Papa Johns International (NASDAQ:PZZA – Free Report) in a research report report published on Friday morning,Benzinga reports. They currently have a $62.00 target price on the stock.
A number of other research analysts have also issued reports on the stock. UBS Group raised their price objective on shares of Papa Johns International from $47.00 to $56.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Bank of America lifted their price target on shares of Papa Johns International from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Wedbush restated an “outperform” rating and issued a $60.00 price objective on shares of Papa Johns International in a report on Friday. Finally, KeyCorp lowered shares of Papa Johns International from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Papa Johns International presently has a consensus rating of “Hold” and an average target price of $60.82.
Read Our Latest Stock Analysis on PZZA
Papa Johns International Trading Down 4.8 %
Papa Johns International (NASDAQ:PZZA – Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Papa Johns International had a net margin of 4.51% and a negative return on equity of 19.61%. The firm had revenue of $506.80 million for the quarter, compared to analysts’ expectations of $497.28 million. During the same quarter in the previous year, the firm posted $0.53 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. As a group, equities analysts predict that Papa Johns International will post 2.21 EPS for the current fiscal year.
Papa Johns International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 18th were paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date was Monday, November 18th. Papa Johns International’s dividend payout ratio (DPR) is 64.11%.
Institutional Investors Weigh In On Papa Johns International
Hedge funds have recently made changes to their positions in the business. River Road Asset Management LLC raised its holdings in shares of Papa Johns International by 88.1% in the 3rd quarter. River Road Asset Management LLC now owns 2,285,665 shares of the company’s stock worth $123,129,000 after purchasing an additional 1,070,485 shares during the period. Earnest Partners LLC increased its position in Papa Johns International by 25.9% in the second quarter. Earnest Partners LLC now owns 2,170,945 shares of the company’s stock worth $101,991,000 after buying an additional 446,477 shares during the last quarter. 1832 Asset Management L.P. bought a new stake in shares of Papa Johns International in the second quarter valued at $93,586,000. Sei Investments Co. lifted its position in shares of Papa Johns International by 30.2% during the 2nd quarter. Sei Investments Co. now owns 1,214,184 shares of the company’s stock valued at $57,042,000 after buying an additional 281,399 shares during the last quarter. Finally, Stephens Investment Management Group LLC grew its stake in shares of Papa Johns International by 19.3% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,091,733 shares of the company’s stock worth $58,812,000 after acquiring an additional 176,470 shares during the period.
Papa Johns International Company Profile
Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.
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https://www.tickerreport.com/banking-finance/12746797/papa-johns-internationals-pzza-overweight-rating-reiterated-at-stephens.html
| 2024-12-16T06:33:24Z
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Joe Rogan worried about drone sightings after chilling new theory floats, ‘Genuinely concerned’
Joe Roagn's remarks come after the podcast king watched a video floating a shocking but unverified claim.
Joe Rogan has said that the mysterious drone sightings in New Jersey and parts of the Empire State have left him “genuinely concerned.” The podcast king made the remarks on Sunday, December 15, after watching a video floating an unverified claim that the unmanned devices were sniffing out harmful substances.
A drawn-out TikTok video shows John Ferguson, the CEO of a remote aircraft system company in Kansas, saying the drones are attempting to “smell” either a gas leak, “radioactive material,” or some other thing on the ground. “The only reason why you would ever fly an unmanned aircraft at night is if you’re looking for something,” Ferguson said in the clip, adding that he does not think the drones are nefarious.
“So my belief is they’re trying to smell something on the ground – gas leak, radioactive material, whatever,” the CEO added. He also said that this theory was his best guess based on his expertise, adding, “I’ve not bounced this off anybody.”
“So if you think it’s bulls–t, whatever, that’s cool. I don’t want to spread misinformation, as we know that there’s a lot of that going around,” he further said.
Joe Rogan says he is ‘genuinely concerned’
Ferguson’s theory seemed to resonate with Rogan. “This is the first video about these drones that has got me genuinely concerned,” he wrote on X.
After White House National Security Council spokesman John Kirby previously claimed the drones were not a threat to public safety, Rogan called the claims from the US government “sus.” The concerns were also dismissed by Department of Homeland Security Secretary Alejandro Mayorkas, who said, “Some of those drone sightings are, in fact, drones. Some are manned aircraft that are commonly mistaken for drones. And we do see duplicative reporting.”
Several theories about the drones have been floating ever since the sightings began. An expert told Fox Business that a hostile foreign power may have launched the drones in an attempt to distract federal and local authorities from other nefarious activities. Donald Trump even suggested that government officials know more about the drones than they are disclosing, and called for authorities to shoot the drones down.
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https://www.hindustantimes.com/world-news/us-news/joe-rogan-worried-about-drone-sightings-after-chilling-new-theory-floats-genuinely-concerned-101734329474424.html
| 2024-12-16T06:33:25Z
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Apple is reportedly planning a significant overhaul of its device lineup in the coming years. According to a Bloomberg report, the company aims to launch multiple foldable devices in the near future. Some redesigned devices may even be unveiled in the coming months, including a new AirTag model, a more ergonomic Magic Mouse, and a sleek iPhone Air with a refined form factor.
Here are the anticipated Apple devices expected to bring major changes:
Foldable iPad
According to the Bloomberg report, Apple is developing a foldable device roughly the size of "two iPad Pros side-by-side." The anticipated foldable iPad is likely to feature a flexible display approaching 20 inches in size. Currently a prototype, the device’s display reportedly has a “nearly invisible crease,” which is said to be a primary goal in its development.
While expected to run a version of iPadOS, the device may also support some macOS apps. This hybrid nature is likely to allow compatibility with iPad accessories, such as the Apple Pencil. The foldable iPad is expected to debut in 2028.
Foldable iPhone
More From This Section
The Bloomberg report also reveals that Apple is working on a foldable iPhone model, which could be launched in 2026. A similar timeline is noted by The Wall Street Journal, which states that the foldable iPhone could feature a display larger than the current iPhone 16 Pro Max when unfolded.
Earlier reports suggested Apple was prototyping a foldable iPhone with a flexible display on the exterior of the device. However, the company is now favouring an inward-folding display, similar to offerings from other manufacturers.
iPhone 17 Air
Apple is expected to discontinue the iPhone Plus model next year in favour of a new, sleeker iPhone “Air” model. The iPhone 17 Air is anticipated to measure between 5mm and 6mm in thickness. To achieve this compact design, Apple may need to make compromises, such as a smaller battery, a single speaker, and a single rear camera. The physical SIM slot may also be removed for a sleeker design.
While it was initially expected that the iPhone 17 Air would be priced higher than the premium Pro models, The Wall Street Journal reports it will be priced lower than both Pro models.
Apple Watch Ultra 3
According to Bloomberg, the third-generation Apple Watch Ultra model will reportedly feature the same satellite capability currently available on the iPhone. This feature will enable users to reach emergency services and their iMessage contacts via the Globalstar satellite network.
In addition, Apple is expected to introduce a hypertension detection feature in next year’s Apple Watch models. Although users will not be able to monitor specific readings, the feature will notify them if it detects a state of hypertension.
AirTag
Apple is reportedly planning to release a new AirTag model next year. The updated model is expected to include a new ultrawide-band chip, which could significantly increase the detection range. The Bloomberg report suggests that the new AirTag could triple the range compared to the current model, which can be located with Precision Finding from 10 to 30 metres away.
Magic Mouse
Apple is reportedly planning to launch a new Magic Mouse accessory in 2025 or early 2026, addressing a long-standing user complaint. According to Bloomberg, the prototype of the new Magic Mouse has a modern design and resolves several issues, including the charging port problem. For context, the current Magic Mouse model has its USB-C charging port on the bottom, making it impossible to use while charging.
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https://www.business-standard.com/technology/tech-news/apple-to-revamp-product-lines-with-sleek-iphone-foldable-ipad-and-more-124121600306_1.html
| 2024-12-16T06:33:25Z
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CBP says this will allow CBP to increase border security while facilitating legitimate cross-border trade and travel. CBP officers will be deployed to busier ports of entry, enabling the agency to use its resources most effectively for its critical national security and border security missions.
These adjustments formalize current operating hours that have been in effect for more than four years at 13 ports of entry across the northern border, with eight ports of entry expanding hours. A small number of ports will see reduced hours in an effort to continually align resources to operational realities. Travelers who use these affected crossing locations will have other options within a reasonable driving distance.
Importantly, these adjustments have been made in close coordination with CBSA to ensure aligned operational hours that further enhance the security of both countries.
CBP continually monitors operations, traffic patterns, and volume, and analyzes the best use of resources to better serve the traveling public. CBP will remain engaged with local and regional stakeholders, as well as communities to ensure consistent communication and to address concerns.
The vast majority of the 118 northern border ports of entry will continue to operate at existing hours, including many with 24/7 operations. Locate ports of entry and access border wait times here.
The following are the new permanent POE hours of operation by state:
Washington:
Metaline Falls will expand its operating hours to 8 a.m.-6 p.m.
Laurier will permanently maintain current hours of 8 a.m.-8 p.m.
Montana:
Scobey will expand its operating hours:
8 a.m.-9 p.m., June 1 to Sept. 15 and 9 a.m.-7 p.m., Sept. 16 to May 31
Opheim will expand its operating hours and days to 9 a.m.-5 p.m. seven days a week.
Del Bonita will permanently maintain current hours of 9 a.m.-5 p.m.
Morgan will permanently maintain current hours of 9 a.m.-5 p.m. Monday through Friday
North Dakota:
Fortuna will expand its operating hours to 9 a.m.-7 p.m.
Neche will expand its operating hours to 8 a.m.-6 p.m.
Noonan will expand its operating hours to 9 a.m.-7 p.m.
Walhalla will expand its operating hours to 8 a.m.-8 p.m.
Carbury will permanently maintain current hours of 9 a.m.-5 p.m.
Maida will permanently maintain current hours of 9 a.m.-5 p.m.
Northgate will permanently maintain current hours of 9 a.m.-5 p.m.
St. John will permanently maintain current hours of 8 a.m.-4 p.m.
Sherwood will permanently maintain current hours of 9 a.m.-7 p.m.
Westhope will permanently maintain current hours of 8 a.m.-4 p.m.
Minnesota:
Lancaster will permanently maintain current hours of 8 a.m.-6 p.m.
New York:
Chateauguay will reduce its operating hours from 24 hours to 6 a.m.-6 p.m.
Overton Corners will reduce its operating hours from 24 hours to 6 a.m.-10 p.m.
Rouses Point will reduce its operating hours from 24 hours to 8 a.m.-8 p.m.
Trout River will reduce its operating hours from 24 hours to 6 a.m.-6 p.m.
Vermont:
Alburg (joint port) will reduce its operating hours to 8 a.m.-8 p.m.
Canaan will reduce its operating hours to 8 a.m.-8 p.m.
North Troy will reduce its operating hours to 8 a.m.-8 p.m.
West Berkshire will reduce its operating hours 8 a.m.-8 p.m.
Alburg Springs will permanently maintain current hours of 8 a.m.-4 p.m.
Derby Line (Route 5) will permanently maintain current hours of 8 a.m.-8 p.m.
New Hampshire:
Pittsburg will permanently maintain current hours of 8 a.m.-8 p.m.
Maine:
Monticello will maintain current operating hours, but will close on U.S. and Canadian holidays.
CBP will temporarily expand its hours at the following location:
North Dakota:
Antler will expand its operating hours temporarily for 120 days to 9 a.m.-10 p.m.
CBP and CBSA will align hours at the following locations:
North Dakota:
Hannah will continue to operate from 9 a.m.-5 p.m.
Hansboro will continue to operate from 8 a.m.-4 p.m.
Sarles will continue to operate from 9 a.m-5 p.m.
Minnesota:
Pinecreek will continue to operate from 9 a.m.-5 p.m.
Roseau will continue to operate from 8 a.m.-8 p.m.
Maine:
Limestone will continue to operate from 6 a.m.-6 p.m.
Orient- will continue to operate:
7 a.m. to 7 p.m. from Memorial Day to Labor Day, and
7 a.m. to 5 p.m. for the remainder of the year.
Vanceboro will continue to operate 8 a.m.-8 p.m.
Bruce Guthrie is an award-winning journalist who has lived in three states including Arkansas, Missouri and Georgia. During his nearly 20-year career, Bruce has served as managing editor and sports editor for numerous publications. He and his wife, Dana, who is also a journalist, are based in Carrollton, Georgia.
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https://www.thetrucker.com/trucking-news/business/cbp-aligns-hours-of-operations-at-northern-border-ports-of-entry
| 2024-12-16T06:33:25Z
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Lightweighting for a Sustainable Future: Unlocking the Aluminum Advantage for Automakers
ATLANTA, Dec. 13, 2024 /PRNewswire/ -- The following is a blog post by Daniel Kern, Vice President, Global Automotive Development, Novelis
As the automotive industry navigates the crossroads of electrification, sustainability, and consumer preferences for vehicles that are more efficient, safer, and environmentally friendly, one thing is clear: the future of mobility requires a new approach to vehicle design. At Novelis, we believe that aluminum is the key to unlocking a lighter, greener, simpler, and safer future for automakers and their customers.
The Case for Aluminum
Aluminum is uniquely positioned to address some of the most pressing challenges in automotive manufacturing today:
Lighter
- Vehicles made with aluminum are significantly lighter than those made with steel, reducing energy consumption.
- Aluminum-intensive body-in-white structures, for example, weigh up to 45% less than steel-intensive vehicles, enabling automakers to improve performance and increase payload capacity.
- For electric vehicles (EVs), reduced weight also translates into extended battery range—a critical factor for consumer adoption. Moreover, lighter vehicles require fewer batteries and smaller engines, suspension systems, and brakes, translating to additional weight and cost savings for automakers.
Greener
- As the world's leading provider of low-carbon, recycled aluminum, Novelis enables automakers to design vehicles with lower lifecycle emissions, aligning with carbon reduction goals.
- For internal combustion engine vehicles, lighter vehicles produce fewer emissions and require less fuel during operation.
- For EVs, fewer batteries or smaller battery packs reduce the vehicle's carbon footprint in three critical ways: a smaller battery pack means less energy is being consumed while driving over its life; less energy consumption means less CO2 produced from electricity generation; and lessen the need for resource-intensive mining of critical minerals. Additionally, aluminum's infinite recyclability creates opportunities for a more circular economy, through the recovery of aluminum in body and battery enclosure systems at the end of the life of the vehicle. Reusing recovered aluminum scrap significantly reduces the need for primary aluminum production, leading to substantial environmental benefits. Specifically, recycling aluminum consumes only about 5% of the energy required for primary production, resulting in up to a 95% reduction in energy usage. This process also achieves a similar percentage reduction in greenhouse gas emissions.
Simpler
- Aluminum's versatility supports modular design and manufacturing efficiencies, helping automakers streamline production across vehicle segments.
- Fewer total parts mean reduced robots, tools, and joints, resulting in l improved assembly efficiency and lower factory emissions.
- Using aluminum also reduces the complexity of material grades compared to steel while achieving similar functionality. These efficiencies reduce downstream supply chain requirements, simplify manufacturing complexity, and create value for automakers.
Safer
- High-strength aluminum alloys deliver exceptional crash performance, protecting occupants while still allowing for vehicle weight reduction.
- Aluminum demonstrates better energy absorption, allowing vehicle architectures to be engineered for improved occupant protection. This contributes to high marks in 5-star crash safety testing. Additionally, aluminum's lightweight properties enhance vehicle dynamics, improving handling, braking, and acceleration—essential features for safer driving experiences.
Building a Sustainable Automotive Future
The demand for lighter, greener, simpler, and safer vehicles will continue to grow as consumers and regulators prioritize sustainable mobility. For automakers, the transition to aluminum should not be seen as a challenge but as an opportunity. Aluminum is not just a material choice—it is a strategic enabler for achieving the automotive industry's long-term goals.
At Novelis, we are ready to be your partner on this journey. With our unmatched expertise, innovative solutions, and commitment to sustainability, we empower automakers to create vehicles that meet today's demands and anticipate tomorrow's challenges. Together, we can drive the automotive industry toward a more sustainable, efficient, and prosperous future.
View original content to download multimedia:https://www.prnewswire.com/news-releases/lightweighting-for-a-sustainable-future-unlocking-the-aluminum-advantage-for-automakers-302331266.html
SOURCE Novelis Inc.
Released December 13, 2024
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https://investors.novelis.com/news-events/press-releases/detail/1373/lightweighting-for-a-sustainable-future-unlocking-the-aluminum-advantage-for-automakers
| 2024-12-16T06:33:26Z
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Reviving the old meaning of a ‘cabinet’, which stood for a room full of unique objects is ‘The Princely Cabinet’ exhibition by Ojas Art in New Delhi. It showcases museum-worthy items ranging from textiles, sculptures to paintings and maps across various genres, for the first time. The over 100 objects include embroideries like the phulkaris from Punjab; German lace pichwai; visual art by Balu Lal Joshi, Sohan Qadri and others; a selection of furniture from Konyak or Wancho tribes; jewellery boxes and more, which are not to be missed.
What: Princely Cabinet
Where: Ojas Art, New Delhi
When: till 12 January 2025
Timings: 11 am – 7 pm (Mondays closed)
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https://www.indulgexpress.com/culture/art/2024/Dec/16/this-new-delhi-exhibition-revives-the-idea-of-cabinet-of-curiosities
| 2024-12-16T06:33:26Z
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Solar Freezer Market Estimation Worth $15.5 billion by 2030
Global Solar Freezer Market projected to grow at a CAGR of 6.9% from 2021 to 2030
Increasing demand among the healthcare facilities sectors in off-grid areas are key factors driving the growth of solar freezer market”
WILMINGTON, DE, UNITED STATES, December 16, 2024 /EINPresswire.com/ -- — Allied Market Research
According to a new report published by Allied Market Research, the global solar freezer market size was valued at $8.0 billion in 2020, and is projected to reach $15.5 billion by 2030 with expected solar freezer market forecast at a CAGR of 6.9% from 2021 to 2030.
A solar freezer is an energy-efficient appliance that operates using electricity generated from solar power. It is particularly valuable in areas with limited or unreliable access to conventional electricity, such as off-grid rural regions, disaster zones, or remote communities. Solar freezers are commonly used for preserving food, medicine, vaccines, and other perishable items.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/12225
Asia-Pacific solar freezer market is projected to grow at the highest CAGR of nearly 8.1%, in terms of revenue, during the forecast period.
The major companies profiled in global solar freezer industry report include CONNEXA ENERGY, EcoSolarCool, SunDanzer, Unique Off-Grid Appliances, B Medical Systems, DOMETIC, Dulas, Engel Coolers, KYOCERA, Sure Chill Steca Elektronik, and Vestfrost Solutions.
By type, the solar-battery segment accounted for the largest market share in 2020.
By capacity, in terms of volume, the 250-500 ltrs segment accounted for the largest market share in 2020.
By end use, the infrastructure segment accounted for the largest market share in 2020.
The demand for solar freezer industry has drastically increased due to the outbreak of the novel coronavirus all over the world. Most of the powerful countries have invested huge amount of money to curb the demand for vaccine freezer and refrigerator in various places where electricity is not available throughout the day.
Rise in awareness regarding the prospects of solar freezer is expected create solar freezer market opportunities of growth throughout the forecast period.
Buy This Report (320 Pages PDF with Insights, Charts, Tables, and Figures): https://bit.ly/3BavOgR
Creating awareness among the people about the usage of eco-friendly products such as solar freezer and also making it affordable at a low price with high-quality technologies can replace the conventional freezer in the supermarkets and also can be used to increase the revenue of ice cream industry by aiding them in developing in the unexplored locations.
The increase in awareness among the people regarding carbon emission due to power generation through fossil fuels being used by conventional refrigerator in increasing the demand for solar freezer among the household appliance sector and many other commercial sectors throughout the forecast period.
Rise in need for eco-friendly energy solutions has further propelled the demand for solar freezer. For instance, Indian government took various steps to promote the solar-based appliances for the basic needs in the rural areas where the electrical transmission is not available.
Enquiry before Buying Report @ https://www.alliedmarketresearch.com/purchase-enquiry/12225
The government also invested nearly 135 million through various banks to the industries under the solar home system (SHS) segment. Solar-based household appliances are promoted in these areas to make people live in better conditions such as basic lighting and other basic services.
Government schemes and initiatives toward the use of solar-based system is expected to boost the solar freezer market revenue during the forecast period.
High prices of solar freezer compared to conventional fuel-based freezers is expected to hamper the sales of solar freezer market during the forecast period.
Impact Of Covid-19 On The Global Solar Freezer Market
Use of solar freezers in storing blood and medicines in pharmaceuticals is expected to increase the sales of solar freezer during the COVID-19 pandemic,
This market has witnessed growth in demand during this pandemic, due to increase in demand for the vaccine storage freezer. The development of various kinds of vaccines and medicine for the coronavirus has propelled the growth of this market.
Get a Customized Research Report: https://www.alliedmarketresearch.com/request-for-customization/A12368
Several legal liabilities over business due to COVID-19 pandemic has pushed commercial segment to possess slow growth during the pandemic period.
Thus, the abovementioned factors are expected to fuel the global solar freezer market growth in current times.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Allied Market Research
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https://www.einpresswire.com/article/769277752/solar-freezer-market-estimation-worth-15-5-billion-by-2030
| 2024-12-16T06:33:27Z
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Cash scarcity remains a persistent issue across Nigeria, even as the latest data from the Central Bank of Nigeria (CBN) shows that currency in circulation hit a record high of N4.5 trillion in October 2024.
According to the data, currency in circulation increased by 4.7 percent from N4.3 trillion recorded in September 2024.
Despite this increase, Nigerians continue to face challenges accessing cash as banks ration withdrawals and automated teller machines (ATMs) fail to dispense.
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https://businessday.ng/pro/article/river-of-cash-leaves-no-trail-as-nigerians-battle-drought/
| 2024-12-16T06:33:30Z
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World News Today Live Updates: In today’s rapidly changing world, staying updated with global news is essential. Our World News coverage offers comprehensive insights into key international events, from politics and economics to social movements and cultural shifts. Get the latest updates on geopolitical developments, policy changes, economic trends, and significant global issues that shape societies and influence lives across continents. With expert analysis and timely reporting, we bring you a clear view of the forces impacting today’s global landscape, keeping you informed and prepared. Explore stories that reveal how international events connect and affect communities worldwide, ensuring you never miss a moment.
This is an AI-generated live blog and has not been edited by Live Mint staff.World News Today Live: China races to squelch unrest as signs of economic malaise spread
- Knife attacks and car rammings have officials unnerved about widespread societal discontent.
World News Today Live: Bangladesh elections likely to be held in late 2025 or early 2016 as pressure for reforms grows
- Bangladesh's interim leader, Muhammad Yunus, announced that general elections may occur late next year or early 2026. He stressed the need for reforms before setting a definitive date, with possibilities for earlier elections if political parties agree to minimum reforms.
World News Today Live: The Fed’s game plan on interest-rate cuts keeps shifting
- Investors widely expect a third-in-a-row rate cut this week. Officials are ready to slow—or even stop—lowering rates after that.
World News Today Live: Vietnam won big in Donald Trump’s first trade war. Now, it’s a target.
- Once described by Trump as the ‘single worst abuser’ on trade, Vietnam attracted manufacturers wanting to avoid China tariffs during his term.
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https://www.livemint.com/news/world/latest-world-news-on-december-16-2024-live-updates-11734324958522.html
| 2024-12-16T06:33:30Z
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This is a video taken during sea trial of a newly built merchant vessel in Germany. When testing the anchor winches it became obvious that something was wrong with the brake!
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https://www.indiatimes.com/boyz-toyz/extra-large/anchor-drop-funny-104952.html
| 2024-12-16T06:33:31Z
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Wolfe Research upgraded shares of PayPal (NASDAQ:PYPL – Free Report) from a peer perform rating to an outperform rating in a research report sent to investors on Friday morning, Marketbeat Ratings reports. Wolfe Research currently has $107.00 price target on the credit services provider’s stock.
Other equities analysts have also recently issued research reports about the stock. The Goldman Sachs Group raised their target price on shares of PayPal from $79.00 to $87.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Needham & Company LLC reaffirmed a “hold” rating on shares of PayPal in a research note on Wednesday, October 30th. UBS Group upped their target price on PayPal from $72.00 to $85.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Royal Bank of Canada restated an “outperform” rating and issued a $100.00 target price on shares of PayPal in a report on Thursday. Finally, Monness Crespi & Hardt boosted their price objective on shares of PayPal from $95.00 to $110.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Fifteen research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $86.74.
Get Our Latest Analysis on PayPal
PayPal Price Performance
PayPal (NASDAQ:PYPL – Get Free Report) last issued its earnings results on Tuesday, October 29th. The credit services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. The business had revenue of $7.85 billion during the quarter, compared to analysts’ expectations of $7.88 billion. PayPal had a return on equity of 23.44% and a net margin of 14.08%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.97 EPS. As a group, equities analysts expect that PayPal will post 4.57 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC raised its stake in PayPal by 7.4% during the third quarter. Bruce G. Allen Investments LLC now owns 1,810 shares of the credit services provider’s stock worth $141,000 after buying an additional 124 shares during the last quarter. First United Bank & Trust grew its holdings in PayPal by 6.4% during the 3rd quarter. First United Bank & Trust now owns 2,395 shares of the credit services provider’s stock worth $187,000 after acquiring an additional 145 shares during the period. Ritholtz Wealth Management raised its position in shares of PayPal by 3.3% in the 3rd quarter. Ritholtz Wealth Management now owns 4,724 shares of the credit services provider’s stock worth $369,000 after acquiring an additional 152 shares in the last quarter. Laraway Financial Advisors Inc lifted its stake in shares of PayPal by 3.8% in the 3rd quarter. Laraway Financial Advisors Inc now owns 4,228 shares of the credit services provider’s stock valued at $330,000 after purchasing an additional 154 shares during the period. Finally, SYSTM Wealth Solutions LLC lifted its stake in shares of PayPal by 50.6% in the 2nd quarter. SYSTM Wealth Solutions LLC now owns 497 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 167 shares during the period. Institutional investors own 68.32% of the company’s stock.
About PayPal
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
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| 2024-12-16T06:33:31Z
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Tabla maestro Zakir Hussain died at a hospital in San Francisco, his family said on Monday according to Press Trust of India (PTI) reports. Hussain died due to complications arising out of idiopathic pulmonary fibrosis, according to his family. He was 73.
He had been hospitalised for the last two weeks and was later moved to the ICU as his condition deteriorated.
Hussain, who is regarded as the greatest tabla player of his generation, is survived by his wife, Antonia Minnecola and his daughters, Anisa Qureshi and Isabella Qureshi. Born on March 9, 1951, he is the son of legendary tabla master, Ustad Alla Rakha.
"He leaves behind an extraordinary legacy cherished by countless music lovers around the globe, with an influence that will resonate for generations to come," the statement read.
In his career spanning six decades, the musician worked with several renowned international and Indian artistes, but it was his 1973 musical project with English guitarist John McLaughlin, violinist L Shankar, and percussionist TH 'Vikku' Vinayakram that brought together Indian classical and elements of jazz in a fusion hitherto unknown.
Starting early at the age of seven, he went on to collaborate with virtually all of India's iconic performers, including Ravi Shankar, Ali Akbar Khan and Shivkumar Sharma in his career.
His groundbreaking work with Western musicians such as Yo-Yo Ma, Charles Lloyd, Béla Fleck, Edgar Meyer, Mickey Hart, and George Harrison brought Indian classical music to an international audience, cementing his status as a global cultural ambassador.
Hussain has received four Grammy Awards in his career, including three at the 66th Grammy Awards earlier this year.
The percussionist, one of India's most celebrated classical musicians, received the Padma Shri in 1988, the Padma Bhushan in 2002, and the Padma Vibhushan in 2023.
Messages of condolence poured in on social media as the news of Hussain's demise spread.
Grammy winner musician Ricky Kej remembered Hussain for his "immense humility, approachable nature".
"One of the greatest musicians and personalities India has ever produced. Along with being the best himself, Zakirji was known for...being responsible for the careers of numerous musicians, who are now forces to reckon with themselves. He was a treasure trove of skill and knowledge and always shared and encouraged the entire music community through collaborations and his actions. His legacy will live on forever, and his influence will be felt for generations. He left us too soon," Kej wrote on X.
American drummer Nate Smith thanked Hussain for "all of the music you gave us".
Rajya Sabha MP Priyanka Chaturvedi paid tributes to the "irreplaceable legend"
"The world of music will be lesser without Tabla Maestro Ustad Zakir Hussain. Heartfelt condolences to his family, friends and his fans all around the world. My prayers, Om Shanti," she wrote in a post on X.
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https://www.indulgexpress.com/culture/music/2024/Dec/16/rest-in-beats-ustad-zakir-hussain-passes-away-aged-73-2
| 2024-12-16T06:33:32Z
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Brazilian President Luiz Inacio Lula da Silva was released from a Sao Paulo hospital on Sunday after receiving emergency surgery for a brain hemorrhage last week, according to DW.
“I am here in one piece… returning home calmly,” the 79-year-old president said during a surprise appearance at a press conference with his medical team at the Sirio-Libanes Hospital.
He unexpectedly walked into the press conference on his own and approached the microphones. “I am alive, unscathed and ready to work … I have a lot of work ahead of me,” Lula added.
“I’ll be honest, I was worried by how much fluid was building up in my head. The urgency to go to the hospital scared me,” he said.
Read Also: Brazil cracks down on online gambling, shuts down 2,000 betting sites
“I never think I’m going to die, but I’m scared, so I need to follow the rules,” Lula said. He added that while he feels good, he won’t go to the beach for the end-of-year holidays, as many Brazilians do.
Lula had a successful surgery on Tuesday where doctors drilled through his skull to relieve pressure. This was caused by a head injury from a fall in a bathroom at his presidential residence in October.
On Thursday, he underwent a follow-up operation to reduce the risk of additional bleeding in the affected area.
The president will remain in Sao Paulo at least until Thursday for follow-up tests. Once cleared, he will be able to return to Brasilia and resume his normal routine, doctors said.
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| 2024-12-16T06:33:36Z
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World News Today Live Updates: In today’s rapidly changing world, staying updated with global news is essential. Our World News coverage offers comprehensive insights into key international events, from politics and economics to social movements and cultural shifts. Get the latest updates on geopolitical developments, policy changes, economic trends, and significant global issues that shape societies and influence lives across continents. With expert analysis and timely reporting, we bring you a clear view of the forces impacting today’s global landscape, keeping you informed and prepared. Explore stories that reveal how international events connect and affect communities worldwide, ensuring you never miss a moment.
This is an AI-generated live blog and has not been edited by Live Mint staff.
16 Dec 2024, 11:52 AM IST
World News Today Live: China races to squelch unrest as signs of economic malaise spread
- Knife attacks and car rammings have officials unnerved about widespread societal discontent.
Read the full story here
16 Dec 2024, 10:49 AM IST
World News Today Live: Bangladesh elections likely to be held in late 2025 or early 2016 as pressure for reforms grows
- Bangladesh's interim leader, Muhammad Yunus, announced that general elections may occur late next year or early 2026. He stressed the need for reforms before setting a definitive date, with possibilities for earlier elections if political parties agree to minimum reforms.
Read the full story here
16 Dec 2024, 10:36 AM IST
World News Today Live: The Fed’s game plan on interest-rate cuts keeps shifting
- Investors widely expect a third-in-a-row rate cut this week. Officials are ready to slow—or even stop—lowering rates after that.
Read the full story here
16 Dec 2024, 10:25 AM IST
World News Today Live: Vietnam won big in Donald Trump’s first trade war. Now, it’s a target.
- Once described by Trump as the ‘single worst abuser’ on trade, Vietnam attracted manufacturers wanting to avoid China tariffs during his term.
Read the full story here
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https://www.livemint.com/news/world/latest-world-news-on-december-16-2024-live-updates/amp-11734324958522.html
| 2024-12-16T06:33:36Z
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USS George Washington
With an overall length of 333 m and displacements of over 100,000 long tons, it is one of the largest warships ever built….
With an overall length of 333 m and displacements of over 100,000 long tons, it is one of the largest warships ever built….
USS George Washington is an American nuclear-powered supercarrier, the sixth ship in the Nimitz class. Text: Wikipedia Photo: Getty Images
In Pic: In this handout from the U.S. Navy, a U.S. Marine Corps C-130 Hercules aircraft leads a formation of F/A-18C Hornet strike fighters and A/V-8B Harrier jets over the aircraft carrier USS George Washington.
It was built by Newport News Shipbuilding and was commissioned 4 July 1992. Photo: AFP/Getty Images
George Washington (commonly known as GW) is 1,092 ft (333 m) long, 257 ft (78 m) wide and 244 feet (74 m) high.
The super carrier can accommodate approximately 80 aircraft and has a flight deck 4.5 acres (18,000 m²) in size, using four elevators that are 3,880 sqft (360 sqm) each to move planes between the flight deck and the hangar bay.
With a combat load, GW displaces almost 97,000 long tons (99,000 t) and can accommodate 6,250 crewmembers.
Its four distilling units can make 400,000 U.S. gallons (1,500,000 L) of potable water a day; its food service divisions serve 18,000 meals per day.
There are over 2,500 compartments on board requiring 2,520 refrigeration tons (8.6 MW) of air conditioning capacity (enough to cool over 2,000 homes).
The warship uses two Mark II stockless anchors that weigh 30 tons [vague] each, with each link of the anchor chain weighing 360 pounds (160 kg).
It is equipped with two 20 mm Phalanx CIWS mounts and two Sea Sparrow SAM launchers.
Traditionally, U.S. Navy aircraft carrier hangar bays were painted Navy Gray; George Washington was commissioned with its hangar bay bulkheads and overhead painted white, to make the hangar bay appear larger and brighter. Since then, all U.S. carriers have followed suit. All U.S. Navy aircraft carriers have their hull number painted on both sides of their island structure for identification.
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https://www.indiatimes.com/boyz-toyz/extra-large/uss-george-washington-104886.html
| 2024-12-16T06:33:37Z
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JPMorgan Chase & Co. upgraded shares of PENN Entertainment (NASDAQ:PENN – Free Report) from a neutral rating to an overweight rating in a report published on Friday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has $27.00 target price on the stock, up from their prior target price of $19.00.
PENN has been the topic of a number of other research reports. Barclays decreased their price target on shares of PENN Entertainment from $23.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. JMP Securities reiterated a “market perform” rating on shares of PENN Entertainment in a report on Friday, October 4th. Bank of America assumed coverage on shares of PENN Entertainment in a report on Wednesday, November 13th. They issued a “neutral” rating and a $22.00 price target on the stock. Susquehanna reduced their target price on shares of PENN Entertainment from $26.00 to $25.00 and set a “positive” rating on the stock in a report on Monday, November 4th. Finally, Truist Financial reduced their target price on shares of PENN Entertainment from $25.00 to $23.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, PENN Entertainment currently has an average rating of “Hold” and an average price target of $23.53.
View Our Latest Research Report on PENN Entertainment
PENN Entertainment Price Performance
PENN Entertainment (NASDAQ:PENN – Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported ($0.24) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.04. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.65 billion. PENN Entertainment had a negative net margin of 8.51% and a negative return on equity of 14.44%. PENN Entertainment’s revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.21 earnings per share. As a group, research analysts anticipate that PENN Entertainment will post -1.55 earnings per share for the current year.
Institutional Investors Weigh In On PENN Entertainment
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. DME Capital Management LP increased its stake in PENN Entertainment by 11.9% during the 2nd quarter. DME Capital Management LP now owns 5,095,340 shares of the company’s stock worth $98,620,000 after buying an additional 540,630 shares during the period. Earnest Partners LLC increased its position in shares of PENN Entertainment by 4.6% in the 2nd quarter. Earnest Partners LLC now owns 4,117,946 shares of the company’s stock worth $79,703,000 after purchasing an additional 179,813 shares during the last quarter. Armistice Capital LLC increased its position in shares of PENN Entertainment by 91.9% in the 2nd quarter. Armistice Capital LLC now owns 2,643,060 shares of the company’s stock worth $51,156,000 after purchasing an additional 1,266,023 shares during the last quarter. Sei Investments Co. increased its position in shares of PENN Entertainment by 3.7% in the 2nd quarter. Sei Investments Co. now owns 2,461,074 shares of the company’s stock worth $47,634,000 after purchasing an additional 88,797 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of PENN Entertainment by 4,624.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,094 shares of the company’s stock worth $28,183,000 after purchasing an additional 1,425,274 shares during the last quarter. Hedge funds and other institutional investors own 91.69% of the company’s stock.
About PENN Entertainment
PENN Entertainment, Inc, together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.
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https://www.tickerreport.com/banking-finance/12746799/penn-entertainment-nasdaqpenn-upgraded-at-jpmorgan-chase-co.html
| 2024-12-16T06:33:37Z
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The Goldman Sachs Group upgraded shares of Patterson-UTI Energy (NASDAQ:PTEN – Free Report) from a neutral rating to a buy rating in a report published on Friday morning, MarketBeat Ratings reports. The firm currently has $10.00 price objective on the oil and gas company’s stock, down from their previous price objective of $11.00.
A number of other equities research analysts have also recently weighed in on PTEN. Royal Bank of Canada lowered their price target on Patterson-UTI Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Citigroup lowered their price target on Patterson-UTI Energy from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Stifel Nicolaus lowered their target price on Patterson-UTI Energy from $15.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, October 11th. StockNews.com cut Patterson-UTI Energy from a “hold” rating to a “sell” rating in a report on Saturday, October 12th. Finally, Susquehanna lowered their target price on Patterson-UTI Energy from $13.00 to $10.00 and set a “positive” rating on the stock in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $11.71.
Get Our Latest Research Report on Patterson-UTI Energy
Patterson-UTI Energy Stock Performance
Patterson-UTI Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Monday, December 2nd. Patterson-UTI Energy’s dividend payout ratio is presently -14.61%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. lifted its stake in shares of Patterson-UTI Energy by 35.9% during the third quarter. Pacer Advisors Inc. now owns 19,972,894 shares of the oil and gas company’s stock worth $152,793,000 after purchasing an additional 5,275,525 shares in the last quarter. State Street Corp lifted its stake in shares of Patterson-UTI Energy by 9.6% during the third quarter. State Street Corp now owns 15,435,258 shares of the oil and gas company’s stock worth $118,080,000 after purchasing an additional 1,352,840 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Patterson-UTI Energy by 5.6% during the third quarter. Geode Capital Management LLC now owns 8,980,881 shares of the oil and gas company’s stock worth $68,717,000 after purchasing an additional 478,064 shares in the last quarter. Deprince Race & Zollo Inc. lifted its stake in shares of Patterson-UTI Energy by 14.7% during the second quarter. Deprince Race & Zollo Inc. now owns 6,069,499 shares of the oil and gas company’s stock worth $62,880,000 after purchasing an additional 778,581 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Patterson-UTI Energy by 62.8% during the second quarter. American Century Companies Inc. now owns 5,683,096 shares of the oil and gas company’s stock worth $58,877,000 after purchasing an additional 2,191,330 shares in the last quarter. Institutional investors and hedge funds own 97.91% of the company’s stock.
Patterson-UTI Energy Company Profile
Patterson-UTI Energy, Inc, through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries.
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https://www.tickerreport.com/banking-finance/12746800/patterson-uti-energy-nasdaqpten-upgraded-at-the-goldman-sachs-group.html
| 2024-12-16T06:33:38Z
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The tabla maestro Ustad Zakir Hussain left for the heavenly abode on December 15, leaving a huge void in India’s music. With his excellence and humility, the Ustad touched many lives, young and old, people in positions of power and the common man. Such is the impact of one of the greatest tabla players that his demise feels like a personal loss to many.
Several members of the film fraternity like Kamal Haasan, Akshay Kumar, AR Rahman, Mohanlal, Kareena Kapoor Khan, Hansal Mehta and others shared their condolences on his demise.
Bollywood superstar Akshay Kumar took to his social media and shared an image of Zakir Hussain. He wrote, "Very pained to know about the sad demise of Ustad Zakir Hussain Sahab. He was truly a treasure for our country's musical heritage. Om Shanti".
Veteran Tamil megastar Kamal Haasan took to his X, formerly Twitter and shared an old image in which Zakir Hussain could be seen giving the taal to the actor as the latter plays tabla. He wrote, “Zakir Bhai! He left too soon. Yet we are grateful for the times he gave us and what he left behind in the form of his art. Goodbye and Thank you”.
Oscar and Grammy-winning music composer A R Rahman called Zakir an inspiration and expressed his regret for not collaborating with him in recent years. He wrote, “Inna lillahi wa inna ilayhi raji'un. Zakir Bhai was an inspiration, a towering personality who elevated the tabla to global acclaim. His loss is immeasurable for all of us. I regret not being able to collaborate with him as much as we did decades ago, though we had planned an album together. You shall be truly missed. May his family and his countless students worldwide find the strength to bear this immense loss”.
Veteran Malayalam superstar Mohanlal wrote on his X, “Ustad Zakir Hussain’s passing leaves an irreplaceable void in the world of music. His rhythms united hearts across borders. My deepest condolences to his family and admirers”.
Actress Kareena Kapoor Khan, who was recently seen along with Akshay Kumar in Singham Again, also paid tribute to the legendary musician with a heartfelt image that featured her alongside Zakir Hussain and her father, Randhir Kapoor. She wrote, “Maestro forever”.
Filmmaker Hansal Mehta, who recently directed Kareena in The Buckingham Murders also took to his X, and wrote, “The maestro who made so many sleepless nights at Hindustani classical concerts memorable. The man who knew how to engage with an audience through his artistry. The Ustad who made the tabla sexy. Goodbye Ustad Zakir Hussain”.
Playback singer Sonu Nigam expressed his shock at the demise of the late musician, as he took to his Instagram, and wrote, “Zakir bhai… What is this?”.
Actress Nimrat Kaur recalled the last time she saw Ustad Zakir Hussain perform live earlier this year. She took to her Instagram, and shared a picture and a video of the late musician. She wrote in the caption, “On Feb 28th, ’24, when I last watched Ustad Zakir Hussain live at Prithvi Theatre, I recall my heart beating to the beats of the sheer flawless genius of his talent. His international superstardom and the zenith of his achievements are forever here to inspire and energize us”.
“As a human being, to remain the most humble, gracious, and generous through his incomparable life journey is what remains etched as a life goal in my heart. Your kind eyes and mystical being shall outlive generations…rest in glory Ustad ji. Never shall there be another”, she added.
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https://www.indulgexpress.com/entertainment/celebs/2024/Dec/16/film-industry-veterans-mourn-the-demise-of-zakir-hussain
| 2024-12-16T06:33:41Z
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A maritime disaster unfolded in the Black Sea when a Russian oil tanker dramatically split in half during a severe storm, raising serious environmental concerns. The cargo ship Volgoneft-212, carrying over 4,000 tonnes of heavy fuel oil, broke apart after being struck by a massive wave near the Crimean coast.
The incident was catastrophic. Video footage showed the ship’s bow jutting vertically out of the water.
Russian investigators immediately opened criminal cases to probe potential safety violations. At least one crew member died during the sinking, and twelve others were rescued, with two suffering serious injuries.
Read Also: Russia-Ukraine war fuels demand for Nigeria’s urea
The tanker was transporting 4,300 tonnes of low-grade heavy fuel oil, known as mazut. Russia’s emergency services launched an extensive rescue operation using tugboats and a helicopter to save the crew.
Shortly after this first disaster, another cargo ship, the Volgoneft-239, encountered similar difficulties in the same area. Initially reported as sinking, the ship was later confirmed to have run aground just 80 meters from shore near the Taman port. The 14-member crew remained on board, with rescue teams maintaining contact and assuring their safety despite challenging weather conditions.
Official statements did not provide details on the extent of the spill or why the first tanker had sustained such serious damage.
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| 2024-12-16T06:33:42Z
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The Fed’s game plan on interest-rate cuts keeps shifting
Summary
Investors widely expect a third-in-a-row rate cut this week. Officials are ready to slow—or even stop—lowering rates after that.Federal Reserve Chair Jerome Powell had to reassure some skeptical colleagues that the central bank wouldn’t inadvertently send signals of distress when he led them to start lowering borrowing costs at the end of the summer with a gutsy, larger-than-usual half-point reduction.
Now, they are confronting another potential hinge point. Officials lowered their benchmark rate again in November, by a quarter point. Investors widely expect a third consecutive rate cut this week.
Powell is trying to find the right gear amid signs the labor market is less wobbly and inflation is a touch firmer than they appeared in September. He faces misgivings from some colleagues over continuing to cut and less conviction from others who strongly backed those first two moves. One option this week would be to cut by a quarter point, then use new economic projections to strongly hint that the central bank is ready to go more slowly on the reductions.
“Right now, either a cut or a hold could be justified," said Jon Faust, who served as a senior adviser to Powell from 2018 until earlier this year. What officials say about the path of the fed-funds rate is likely to be “more important than whatever they decide about the December meeting in particular."
The fed-funds rate influences borrowing costs throughout the economy, including rates on mortgages, credit cards and auto loans. Raising it tends to curb hiring, spending and investment, while lowering it spurs such activity. But those effects work with what economists call long and variable lags, which means central bankers might not know for a year or more if they have tightened too much or too little.
Going too far, or not far enough
A few officials have suggested they would argue against cutting this week. These “hawks" are fearful of squandering the Fed’s credibility by allowing inflation to remain well above their target for a fourth or fifth year.
Even if officials still think price growth will gradually slow to their target, some could be less confident in that forecast due to promises by President-elect Donald Trump to deport workers and impose tariffs when he takes office next month. Those steps could reverse two developments that have underpinned officials’ sanguine inflation forecasts: falling prices of goods and a slowdown in wage growth.
“If I were sitting on the committee right now as a voting member, I would dissent against a cut," said Eric Rosengren, who served as Boston Fed president from 2007 to 2021.
They are also uneasy that euphoric conditions in the stock market and for speculative assets such as bitcoin could provide grist for spending that keeps inflation entrenched. Given recent economic activity, “it’s hard to think that the level of interest rates is restrictive at this point," said Fed governor Michelle Bowman in a speech this month.
Dallas Fed President Lorie Logan warned against cutting too far on what she views as a mistaken belief that a more “normal" interest rate for the economy is much lower. She compared the situation to a ship captain whose depth finder might mistake mud for water.
Another group of officials, including Powell, have suggested they share that concern but don’t think the Fed is at risk of cutting too much—yet—given how high they lifted rates over the past two years.
“We’re mindful of the risk that we go too far, too fast, but also of the risk that we don’t go far enough," Powell said last month. “It seems like we’re right where we need to be."
Labor markets remain in a delicate equilibrium. Hiring rates are low, but so are layoffs. The economy has added more than 140,000 jobs on average over the six months through November, a respectable figure. But the unemployment rate has drifted up to 4.2%, from 3.7% at the beginning of the year.
The sectors of the economy that are most sensitive to high rates, such as housing, have been slow to benefit from recent cuts.
Behind closed doors
A big part of Powell’s job is to forge agreement among a sometimes-unwieldy committee of 18 other officials. That has been difficult at times because inflation has declined in fits and starts over the past year.
Some hawkish officials who had been averse to signaling an end to rate hikes began to change their tune one year ago, after a string of friendlier inflation reports. In economic projections at the December 2023 meeting, Fed governor Christopher Waller penciled in six cuts of a quarter point for 2024—more than any of his colleagues. (Later, when inflation stalled in the spring, Waller suggested that the Fed could stand pat until the end of this year.)
For months, Powell and his colleagues insisted they needed a credible entry point to start cutting. “The first time you change direction, it takes on perhaps more importance than it should," said Faust. “People take it as a signal of the all-clear being given."
By Labor Day, Powell was growing more nervous of the risk that the central bank, humbled by getting inflation so wrong in 2021, would overcompensate by keeping rates too high as rate-sensitive sectors of the economy froze.
The labor market began to send signs of a potentially sharper-than-expected slowdown, with the unemployment rate ticking up to 4.3% in data released in August. Inflation had resumed its earlier decline.
Fed officials typically prefer to choreograph big moves without provoking surprise in markets. On Sept. 6, the last day before officials began to observe their traditional premeeting “quiet period," a pair of speeches led investors to think a smaller quarter point was preferred.
But behind closed doors and huddled with a smaller circle of advisers, Powell concluded they should start with the larger half-point cut. The idea took a page from former Fed Chairman Alan Greenspan, who often persuaded his colleagues by framing policy choices as managing different risks.
In this case, the risk of regretting the bigger rate cut was deemed to be very low. They had waited so long to cut rates that, even if the economy zipped along, most officials thought they could simply slow down several further anticipated cuts. By contrast, making a smaller cut only to discover the labor market was slowing sharply would be a much more difficult problem to fix.
A lone dissent
Powell typically consults by phone with all 12 regional bank presidents and meets with the six other Washington-based governors on the Thursday and Friday before the coming week’s meeting. Powell and his staff also circulate a series of briefing documents that lay out the arguments for three different policy choices.
Some needed little convincing to start big. Others were uneasy. Past reductions of a half point coincided with more dramatic financial stress. Bowman, who had been warning of latent risks of more-stubborn inflation, knew when she saw those policy briefing materials that she wouldn’t be able to support Powell’s proposal. She ended up casting a dissenting vote—the first since 2005 by a Fed governor.
To avoid multiple dissents and win over colleagues who shared her reservations, Powell convinced them that he could sell the decision in subsequent public remarks as a recalibration made from a position of strength, and not the start of a panicky sprint to lower rates.
“There’s nothing…that suggests the committee is in a rush to get this done," Powell said at a press conference after the meeting. Instead, he characterized the “good, strong start" to cutting rates “as a sign of our commitment not to get behind."
Revisions to government data a few weeks after the meeting showed income growth and personal savings rates had been stronger than initially reported. That removed sources of anxiety about a potential recession—and suggested maybe the larger move hadn’t been needed.
Waller, who had initially favored a smaller cut but was persuaded to back the larger move, dismissed a question recently over whether he regretted the decision. He compared it to buying car insurance.
“You say, ‘Why am I buying car insurance? Because I might have an accident,’" he said at an event this month. “The accident didn’t happen. Do you say, ‘Man, it was a stupid decision to buy car insurance?’ No."
Write to Nick Timiraos at Nick.Timiraos@wsj.com
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https://www.livemint.com/news/world/the-fed-s-game-plan-on-interest-rate-cuts-keeps-shifting-11734324303200.html
| 2024-12-16T06:33:43Z
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https://www.indiatimes.com/boyz-toyz/machines/lego-technic-shrimp-104949.html
| 2024-12-16T06:33:43Z
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Federal Reserve Chair Jerome Powell had to reassure some skeptical colleagues that the central bank wouldn’t inadvertently send signals of distress when he led them to start lowering borrowing costs at the end of the summer with a gutsy, larger-than-usual half-point reduction.
Federal Reserve Chair Jerome Powell had to reassure some skeptical colleagues that the central bank wouldn’t inadvertently send signals of distress when he led them to start lowering borrowing costs at the end of the summer with a gutsy, larger-than-usual half-point reduction.
Now, they are confronting another potential hinge point. Officials lowered their benchmark rate again in November, by a quarter point. Investors widely expect a third consecutive rate cut this week.
Now, they are confronting another potential hinge point. Officials lowered their benchmark rate again in November, by a quarter point. Investors widely expect a third consecutive rate cut this week.
Powell is trying to find the right gear amid signs the labor market is less wobbly and inflation is a touch firmer than they appeared in September. He faces misgivings from some colleagues over continuing to cut and less conviction from others who strongly backed those first two moves. One option this week would be to cut by a quarter point, then use new economic projections to strongly hint that the central bank is ready to go more slowly on the reductions.
“Right now, either a cut or a hold could be justified," said Jon Faust, who served as a senior adviser to Powell from 2018 until earlier this year. What officials say about the path of the fed-funds rate is likely to be “more important than whatever they decide about the December meeting in particular."
The fed-funds rate influences borrowing costs throughout the economy, including rates on mortgages, credit cards and auto loans. Raising it tends to curb hiring, spending and investment, while lowering it spurs such activity. But those effects work with what economists call long and variable lags, which means central bankers might not know for a year or more if they have tightened too much or too little.
Going too far, or not far enough
A few officials have suggested they would argue against cutting this week. These “hawks" are fearful of squandering the Fed’s credibility by allowing inflation to remain well above their target for a fourth or fifth year.
Even if officials still think price growth will gradually slow to their target, some could be less confident in that forecast due to promises by President-elect Donald Trump to deport workers and impose tariffs when he takes office next month. Those steps could reverse two developments that have underpinned officials’ sanguine inflation forecasts: falling prices of goods and a slowdown in wage growth.
“If I were sitting on the committee right now as a voting member, I would dissent against a cut," said Eric Rosengren, who served as Boston Fed president from 2007 to 2021.
They are also uneasy that euphoric conditions in the stock market and for speculative assets such as bitcoin could provide grist for spending that keeps inflation entrenched. Given recent economic activity, “it’s hard to think that the level of interest rates is restrictive at this point," said Fed governor Michelle Bowman in a speech this month.
Dallas Fed President Lorie Logan warned against cutting too far on what she views as a mistaken belief that a more “normal" interest rate for the economy is much lower. She compared the situation to a ship captain whose depth finder might mistake mud for water.
Another group of officials, including Powell, have suggested they share that concern but don’t think the Fed is at risk of cutting too much—yet—given how high they lifted rates over the past two years.
“We’re mindful of the risk that we go too far, too fast, but also of the risk that we don’t go far enough," Powell said last month. “It seems like we’re right where we need to be."
Labor markets remain in a delicate equilibrium. Hiring rates are low, but so are layoffs. The economy has added more than 140,000 jobs on average over the six months through November, a respectable figure. But the unemployment rate has drifted up to 4.2%, from 3.7% at the beginning of the year.
The sectors of the economy that are most sensitive to high rates, such as housing, have been slow to benefit from recent cuts.
Behind closed doors
A big part of Powell’s job is to forge agreement among a sometimes-unwieldy committee of 18 other officials. That has been difficult at times because inflation has declined in fits and starts over the past year.
Some hawkish officials who had been averse to signaling an end to rate hikes began to change their tune one year ago, after a string of friendlier inflation reports. In economic projections at the December 2023 meeting, Fed governor Christopher Waller penciled in six cuts of a quarter point for 2024—more than any of his colleagues. (Later, when inflation stalled in the spring, Waller suggested that the Fed could stand pat until the end of this year.)
For months, Powell and his colleagues insisted they needed a credible entry point to start cutting. “The first time you change direction, it takes on perhaps more importance than it should," said Faust. “People take it as a signal of the all-clear being given."
By Labor Day, Powell was growing more nervous of the risk that the central bank, humbled by getting inflation so wrong in 2021, would overcompensate by keeping rates too high as rate-sensitive sectors of the economy froze.
The labor market began to send signs of a potentially sharper-than-expected slowdown, with the unemployment rate ticking up to 4.3% in data released in August. Inflation had resumed its earlier decline.
Fed officials typically prefer to choreograph big moves without provoking surprise in markets. On Sept. 6, the last day before officials began to observe their traditional premeeting “quiet period," a pair of speeches led investors to think a smaller quarter point was preferred.
But behind closed doors and huddled with a smaller circle of advisers, Powell concluded they should start with the larger half-point cut. The idea took a page from former Fed Chairman Alan Greenspan, who often persuaded his colleagues by framing policy choices as managing different risks.
In this case, the risk of regretting the bigger rate cut was deemed to be very low. They had waited so long to cut rates that, even if the economy zipped along, most officials thought they could simply slow down several further anticipated cuts. By contrast, making a smaller cut only to discover the labor market was slowing sharply would be a much more difficult problem to fix.
A lone dissent
Powell typically consults by phone with all 12 regional bank presidents and meets with the six other Washington-based governors on the Thursday and Friday before the coming week’s meeting. Powell and his staff also circulate a series of briefing documents that lay out the arguments for three different policy choices.
Some needed little convincing to start big. Others were uneasy. Past reductions of a half point coincided with more dramatic financial stress. Bowman, who had been warning of latent risks of more-stubborn inflation, knew when she saw those policy briefing materials that she wouldn’t be able to support Powell’s proposal. She ended up casting a dissenting vote—the first since 2005 by a Fed governor.
To avoid multiple dissents and win over colleagues who shared her reservations, Powell convinced them that he could sell the decision in subsequent public remarks as a recalibration made from a position of strength, and not the start of a panicky sprint to lower rates.
“There’s nothing…that suggests the committee is in a rush to get this done," Powell said at a press conference after the meeting. Instead, he characterized the “good, strong start" to cutting rates “as a sign of our commitment not to get behind."
Revisions to government data a few weeks after the meeting showed income growth and personal savings rates had been stronger than initially reported. That removed sources of anxiety about a potential recession—and suggested maybe the larger move hadn’t been needed.
Waller, who had initially favored a smaller cut but was persuaded to back the larger move, dismissed a question recently over whether he regretted the decision. He compared it to buying car insurance.
“You say, ‘Why am I buying car insurance? Because I might have an accident,’" he said at an event this month. “The accident didn’t happen. Do you say, ‘Man, it was a stupid decision to buy car insurance?’ No."
Write to Nick Timiraos at Nick.Timiraos@wsj.com
|
https://www.livemint.com/news/world/the-fed-s-game-plan-on-interest-rate-cuts-keeps-shifting/amp-11734324303200.html
| 2024-12-16T06:33:44Z
|
The Goldman Sachs Group assumed coverage on shares of Oddity Tech (NASDAQ:ODD – Free Report) in a research note published on Friday, MarketBeat.com reports. The brokerage issued a neutral rating and a $48.00 price target on the stock.
ODD has been the topic of several other research reports. Morgan Stanley boosted their price objective on Oddity Tech from $46.00 to $50.00 and gave the company an “equal weight” rating in a report on Thursday. Barclays upped their price target on Oddity Tech from $39.00 to $42.00 and gave the stock an “equal weight” rating in a report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Oddity Tech currently has a consensus rating of “Moderate Buy” and an average price target of $53.00.
Read Our Latest Analysis on ODD
Oddity Tech Stock Down 1.0 %
Oddity Tech (NASDAQ:ODD – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.22 by $0.10. Oddity Tech had a return on equity of 29.02% and a net margin of 16.32%. The business had revenue of $119.00 million for the quarter, compared to analyst estimates of $116.47 million. During the same quarter in the prior year, the company posted $0.06 EPS. The company’s quarterly revenue was up 26.0% on a year-over-year basis. As a group, equities analysts expect that Oddity Tech will post 1.64 earnings per share for the current year.
Institutional Trading of Oddity Tech
Hedge funds have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB acquired a new stake in Oddity Tech during the 3rd quarter worth approximately $99,000. nVerses Capital LLC acquired a new stake in Oddity Tech during the 2nd quarter worth approximately $102,000. Public Employees Retirement Association of Colorado acquired a new stake in Oddity Tech during the 2nd quarter worth approximately $102,000. Federated Hermes Inc. purchased a new position in shares of Oddity Tech during the 2nd quarter worth approximately $113,000. Finally, Quarry LP purchased a new position in shares of Oddity Tech during the 3rd quarter worth approximately $122,000. 35.88% of the stock is owned by institutional investors and hedge funds.
About Oddity Tech
Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.
Further Reading
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- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- 10 Best Airline Stocks to Buy
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
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https://www.tickerreport.com/banking-finance/12746801/oddity-tech-nasdaqodd-research-coverage-started-at-the-goldman-sachs-group.html
| 2024-12-16T06:33:45Z
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Nappa Dori has taken travel gear to the next level with the launch of its Hydro Collection, designed for the modern explorer who values both style and sustainability. Known for its fusion of contemporary design and vintage craftsmanship, the Hydro Collection marries functionality with eco-conscious materials, making it the ideal companion for today’s traveller.
Gautam Sinha, founder and creative director of Nappa Dori, explains, “The Hydro Collection is all about setting a new standard in travel gear — hyper-functional yet sophisticated.” Each piece is crafted with precision, using recycled materials and water-resistant fabrics to ensure durability while keeping the planet in mind. “Sustainability has always been central to our philosophy, and with Hydro, we’ve prioritised eco-friendly elements without compromising on design,” says Gautam.
The collection features standout pieces like the RFID-protected Sling Bag, the water-resistant Dopp Kit, and the Hydro Laptop Sleeve, each designed to cater to the specific needs of today’s traveller. Whether commuting daily or embarking on an adventure, these pieces seamlessly blend practicality with style.
“The goal was to solve real-world problems with thoughtful design,” Gautam adds, noting the collection’s versatility in both urban and rugged environments.
Price starts at Rs 1,250. Available online.
—manuvipin@newindianexpress.com
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https://www.indulgexpress.com/fashion/new-launches/2024/Dec/16/nappa-doris-hydro-collection-sustainable-travel-gear-for-the-modern-explorer
| 2024-12-16T06:33:47Z
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Specifications for the 2015 Porsche 911 Carrera 4S. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4s-991-my15-petrol-2d-cabriolet-SUe7lZyTwQ
| 2024-12-16T06:33:47Z
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International Fleet Review 2013
The Review marks the centenary of the first entrance into Sydney by the Royal Australian Navy's fleet...
The Review marks the centenary of the first entrance into Sydney by the Royal Australian Navy's fleet...
Royal Australian Navy warships led by HMAS Sydney enter Sydney Harbour as part of the International Fleet Review celebrations October 4, 2013. The Review marks the centenary of the first entrance into Sydney by the Royal Australian Navy's fleet, according to the Navy.
Royal Australian Navy warship HMAS Darwin (front) enters Sydney Harbour, while people look on from the Sydney Opera House, as part of the International Fleet Review celebrations, October 4, 2013.
Royal Australian Air Force (RAAF) Roulettes aerobatics team performs a flypast (top) as Royal Australian Navy (RAN) warship HMAS Perth (L) enters Sydney Harbour as part of the International Fleet Review celebrations October 4, 2013.
A Royal Australian Navy (RAN) Seahawk helicopter flies the Naval Ensign as RAN warships led by HMAS Sydney (top, R) enter Sydney Harbour as part of the International Fleet Review celebrations October 4, 2013.
Australian warships from front, HMAS Sydney, Darwin, Perth and Parramatta sail past the Opera House as they enter the harbour in Sydney, Australia, Friday, Oct. 4, 2013 during the International Fleet review.
Australian warships HMAS Parramatta, center, sails past the Opera House as she arrives in Sydney, Australia, Friday, Oct. 4, 2013 during the International Fleet review.
A Royal Australian Navy helicopter towing the Australian naval ensign passes over HMS Darling in Sydney, Australia, Friday, Oct. 4, 2013 during the International Fleet review.
Tall ships sail into to the Sydney Harbour on October 3, 2013 on the eve of the International Fleet Review. Warships from 19 countries will steam into Sydney Harbour on October 4 for a nautical extravaganza to commemorate the centenary of the first entry of the Royal Australian Navy's fleet into Sydney Harbour. Ships from countries including China, Thailand, the US, Malaysia and former colonial power Britain will pass through the heads into the harbour where they will join tall ships from around the world.
Tall ships sail into to the Sydney Harbour on October 3, 2013 on the eve of the International Fleet Review. Warships from 19 countries will steam into Sydney Harbour on October 4 for a nautical extravaganza to commemorate the centenary of the first entry of the Royal Australian Navy's fleet into Sydney Harbour.
Tall ships sail into Sydney Harbour on the eve of the International Fleet Review in Sydney on October 3, 2013. Warships from 19 countries will steam into Sydney Harbour on October 4 for a nautical extravaganza to commemorate the centenary of the first entry of the Royal Australian Navy's fleet into Sydney Harbour.
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https://www.indiatimes.com/boyz-toyz/ships-and-planes/international-fleet-review-2013_-104893.html
| 2024-12-16T06:33:50Z
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Vietnam won big in Donald Trump’s first trade war. Now, it’s a target.
Summary
- Once described by Trump as the ‘single worst abuser’ on trade, Vietnam attracted manufacturers wanting to avoid China tariffs during his term.
Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China.
The country became a magnet for Chinese manufacturers looking for a production base from which to ship their goods to the U.S. tariff-free.
Now, as the incoming administration girds for new battles over trade, Trump and his team are signaling that they intend to slam this backdoor shut.
Such a move would hurt Vietnam’s small but rapidly growing economy, and likely mean higher prices for U.S. consumers who buy Vietnamese goods and U.S. companies supplied by Vietnamese factories. Since Trump placed tariffs on Chinese goods six years ago, Vietnam has expanded around 8% a year, buoyed by a gusher of foreign investment and booming exports to the U.S.
The country now supplies a third of the sports shoes, half of the wooden beds and dining tables, and a quarter of the solar cells imported by the U.S.
Outside its capital Hanoi, once-sleepy northern provinces have been turned into export powerhouses, with rice paddies giving way to hulking billion-dollar factories assembling smartphones and semiconductors. U.S. companies with suppliers in Vietnam include Apple, Nike and Gap.
But in May, Jamieson Greer, Trump’s nominee for U.S. trade representative, said the U.S. should tighten trade rules to prevent what he described as “third-country workarounds," in which goods that contain a lot of Chinese parts or were made in a third country by a subsidiary of a Chinese company enter the U.S. without facing the steep tariffs they would have done had they come direct from China. Though he didn’t name them specifically, Vietnam and Mexico are among those countries where Chinese companies have built bridgeheads into the U.S. market.
Vietnam is a trade target of the new administration in other ways, too. The president-elect has floated the idea of levying tariffs on all imports into the U.S., and talks about forcing countries to close their trade gaps with the U.S.
Vietnam exports to the U.S. nine times as much as what it imports from the country, putting it fourth behind China, Mexico and the European Union for U.S.’s biggest bilateral trade deficits. In 2019, Trump said Vietnam was the “single worst abuser of everybody" on trade, a charge Hanoi denies.
“Given Vietnam’s large trade surplus with the U.S., the country may be particularly exposed to a more protectionist economic agenda," said Adam Sitkoff, head of the American Chamber of Commerce in Hanoi.
Still, some in Vietnam say Trump’s focus on China and Mexico will allow Vietnam to fly under the radar, ultimately driving more foreign investment into the country. And any new tariffs on Vietnamese goods will likely be lower than those Trump levies on China, helping Vietnam maintain its competitive edge.
“A lot of the things that made Vietnam attractive during Trump’s first term are still the same," said Thuy Anh Nguyen, a country specialist at Dragon Capital, a Ho Chi Minh City-based asset manager, citing improved infrastructure and low labor and other costs.
For some tech companies especially, Vietnam is still a big draw. U.S. chip juggernaut Nvidia said this month that it plans to open an artificial intelligence research-and-development center in Vietnam.
Samsung, the South Korean consumer-electronics giant that has invested more than $22 billion in the communist country, recently agreed to construct a $1.8 billion new factory making diode displays.
Apple has about 35 suppliers with production in Vietnam, triple the number it had there before the trade war began. Apple, which began diversifying its supply chain from China in recent years, now assembles iPads, MacBooks and its earphones in the Southeast Asian country.
Vietnam’s success in straddling the U.S. and China reflects its favorable demographics and geography. A country of 98 million with a young and cheap labor force, its border with China allows easy shipments of materials and parts to factories. Vietnam has also been diplomatically adept in its dealings with Washingon and Beijing, something its former Communist Party head, Nguyen Phu Trong, described as “bamboo diplomacy"—foreign relations that are firmly rooted, but flexible.
In November, U.S. companies including fashion designer Steve Madden and Acushnet, the maker of Titleist golf balls and FootJoy golf shoes, talked in investor calls about moving shoe production to Vietnam from China. Acushnet said it would make all of its shoes in Vietnamese factories by the end of 2025, instead of in China.
Since Trump’s first term began in 2016, Vietnam has attracted almost $290 billion in foreign investment, almost as much as it pulled in over the previous two decades. South Korea and Japan are among its biggest investors, but China has been rapidly catching up. China and Hong Kong have invested $54 billion there in the same period, 10 times as much as U.S.-based companies.
Singapore is another big investor, pumping in around $58 billion over the same period. Corporate filings suggest that some Singapore-based investment might originate from China. Chinese manufacturers typically set up subsidiaries in Singapore or Hong Kong to funnel money into Vietnam, according to stock filings, mainly to minimize taxes.
UE Chairs, a Chinese maker of ergonomic chairs for retailers such as Staples and Office Depot, built its first Vietnam factory in late 2018, as tariffs on Chinese furniture spiked to 25%. It set up a wholly owned Hong Kong subsidiary and used that entity to invest in the Vietnamese factory. Since then, UE Chairs has added another plant in Vietnam with a third on the way. Now, almost all of its U.S. exports come from Vietnam, and Vietnam has helped the company expand its market share in America, the company has said.
Chinese socks and apparel maker Zhejiang Jasan Holding Group, which counts Uniqlo, Under Armour and Gap as its biggest clients, announced plans in October to build a new factory in northern Vietnam’s Nam Dinh province. Jasan made the investment through its wholly owned subsidiary in Singapore, according to stock exchange filings.
Jasan’s overseas assets, which the company says are mainly composed of its production bases in Vietnam, more than doubled between 2017, before the onset of the U.S.-China trade war, and 2023, according to its annual reports. Overseas assets now account for more than 40% of Jasan’s total assets.
Even if Trump were to put in higher tariffs, factories take years to set up. Companies would rather divert exports away from the U.S. to other markets than move out, said Frank Vossen, whose company Seditex helps foreign businesses source and set up in Vietnam.
Vossen said the number of new inquiries he received from American clients doubled this year from a year ago. Many were sourcing metal and plastic parts. Existing U.S. customers are also contemplating moving more business to Vietnam, he said.
There are some signs of caution. Since Trump’s election win, some Taiwanese electronics manufacturers have started reconsidering possible new investments in Vietnam, fearing that his administration will put tariffs on Vietnamese exports or target the country for other alleged trade violations.
Vietnam also has problems with corruption and a shortage of skilled manpower. And it still relies heavily on components and intermediate goods from China. This lack of an ecosystem for components has sent business looking into neighboring countries such as Thailand, which have more local raw material manufacturing, or sometimes even back to China.
Jake Phipps, CEO of furniture, toilet fixtures and lighting supplier Phipps International, shut a Vietnam factory that made medicine cabinets and mirrors because he couldn’t find reliable local parts suppliers and had to import everything from China.
With excess industrial capacity in China, prices there have come down, and he has moved some production back there instead, said Phipps.
“China’s quality is way superior at the end of the day," he added.
Yang Jie in Tokyo and Jiyoung Sohn in Seoul contributed to this article.
Write to Liza Lin at liza.lin@wsj.com, Jason Douglas at jason.douglas@wsj.com and Rebecca Feng at rebecca.feng@wsj.com
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https://www.livemint.com/news/world/vietnam-won-big-in-donald-trump-s-first-trade-war-now-it-s-a-target-11734324690813.html
| 2024-12-16T06:33:50Z
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StockNews.com initiated coverage on shares of OncoCyte (NASDAQ:OCX – Get Free Report) in a note issued to investors on Saturday. The firm set a “sell” rating on the stock.
Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $4.25 price target on shares of OncoCyte in a research note on Wednesday, November 13th.
Check Out Our Latest Report on OncoCyte
OncoCyte Price Performance
OncoCyte (NASDAQ:OCX – Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.98) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.54). OncoCyte had a negative return on equity of 269.32% and a negative net margin of 6,122.29%. The business had revenue of $0.12 million during the quarter. During the same period last year, the business earned ($0.57) earnings per share. Equities research analysts anticipate that OncoCyte will post -2.57 EPS for the current year.
Insider Buying and Selling at OncoCyte
In related news, major shareholder Broadwood Partners, L.P. acquired 1,315,339 shares of OncoCyte stock in a transaction dated Wednesday, October 2nd. The stock was acquired at an average cost of $2.95 per share, with a total value of $3,880,250.05. Following the purchase, the insider now directly owns 6,244,405 shares in the company, valued at $18,420,994.75. The trade was a 26.69 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andrea S. James acquired 20,000 shares of OncoCyte stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of $2.29 per share, with a total value of $45,800.00. Following the completion of the purchase, the chief financial officer now owns 53,670 shares in the company, valued at approximately $122,904.30. This represents a 59.40 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 1,369,009 shares of company stock valued at $4,026,050. 1.58% of the stock is owned by corporate insiders.
Institutional Trading of OncoCyte
A hedge fund recently raised its stake in OncoCyte stock. Geode Capital Management LLC grew its holdings in OncoCyte Co. (NASDAQ:OCX – Free Report) by 12.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,980 shares of the company’s stock after purchasing an additional 11,289 shares during the period. Geode Capital Management LLC owned approximately 0.62% of OncoCyte worth $296,000 as of its most recent SEC filing. 55.35% of the stock is currently owned by institutional investors and hedge funds.
About OncoCyte
OncoCyte Corporation, a precision diagnostics company, focuses on development and commercialization of proprietary tests in the United States and internationally. The company is developing DetermaIO, a gene expression test that assesses the tumor microenvironment to predict response to immunotherapies; DetermaCNI, a blood-based monitoring tool for monitoring therapeutic efficacy in cancer patients; and VitaGraft, a blood-based solid organ transplantation monitoring test.
Further Reading
- Five stocks we like better than OncoCyte
- What is the S&P/TSX Index?
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- What is a Special Dividend?
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Where to Find Earnings Call Transcripts
- Texas Instruments: The Old-School Tech Titan Still Delivering
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https://www.tickerreport.com/banking-finance/12746802/oncocyte-nasdaqocx-coverage-initiated-at-stocknews-com.html
| 2024-12-16T06:33:51Z
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This season, elevate your home décor with The Las Palmas Collection, a stunning collaboration between Pure Home + Living and Dots & Doodles. Fusing bold patterns with effortless elegance, this collection celebrates the joy of togetherness, bringing vibrant personality and sophisticated warmth to every space in your home.
“We wanted to collaborate with a design studio that shares our vision,” says Dheeraj Sarna, founder of Pure Home + Living. “Dots & Doodles’ aesthetic, with its vibrant colours and contemporary designs, aligns perfectly with ours. Together, we’ve created a collector’s edition capsule collection that is not only thematic but also ideal for gifting.”
The Las Palmas Collection is all about celebrating life’s small moments. Inspired by the warmth and joy of shared meals and gatherings, it brings together a variety of pieces designed to elevate everyday living spaces. From dinnerware and home décor to candles and cushion covers, every item in the collection reflects the joyful spirit of togetherness, making it perfect for creating cherished memories.
“The collection was created with a focus on effortless design. Las Palmas celebrates the laughter shared over meals and the memories made during moments of togetherness. Each piece is crafted thoughtfully to become a beloved part of your gatherings,” explains Dheeraj.
For Dots & Doodles founders Yamini Gandhi and Krisha Seth, the inspiration behind the collection was clear. “We wanted to create something that evoked a feeling of joy and togetherness. Featuring botanical illustrations and motifs with a contemporary aesthetic, each piece reflects warmth and personality, inviting people to celebrate life’s vibrant moments,” says Yamini.
What makes this collaboration stand out for Yamini and Krisha is the emotional connection they’ve created through home décor. “This is our first venture into home décor and dining, and it’s incredibly exciting to see our designs come to life. When we first saw the finished pieces, it was a truly rewarding moment. Knowing that these items would be part of everyday moments, adding warmth and character to homes, felt heartwarming,” Krisha shares.
Among their favourite pieces in the Las Palmas Collection are the dining plates. “They allow for endless combinations to reflect individual style, making the art of entertaining a personal experience. Whether it’s a coordinated setting for formal dinners or a playful mix-and-match arrangement for casual gatherings, the versatility of the collection shines through,” Yamini says.
For customers looking to create a space that balances luxury and comfort, Yamini and Krisha offer a valuable piece of advice. “Strike a balance between bold, statement-making pieces and warm, inviting accents. The Las Palmas Collection is perfect for this—its vibrant designs bring sophistication, while the more versatile pieces create a welcoming atmosphere. Mix and match to reflect your unique style.”
Price on request. Available online.
— manuvipin@newindianexpress.com
@ManuVipin
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https://www.indulgexpress.com/life-style/home-and-decor/2024/Dec/16/the-las-palmas-collection-a-fresh-take-on-home-d%C3%A9cor-with-pure-home-living-and-dots-doodles
| 2024-12-16T06:33:53Z
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Akash is India's medium range surface-to-air missile defence shield system developed by DRDO and BEL.
The Akash missile can target aircraft up to 30 km away, at altitudes up to 18,000 m. The missile is said to be capable of both conventional and nuclear warheads, with a reported payload of 60 kg.
The indiatimes.com privacy policy has been updated to align with the new data regulations in European Union. Please review and accept these changes below to continue using the website. We use cookies to ensure the best experience for you on our website.
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https://www.indiatimes.com/boyz-toyz/weapons/akash-anti-ballistic-missile-system-104919.html
| 2024-12-16T06:33:56Z
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Specifications for the 2015 Porsche 911 Carrera 4S. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4s-991-my15-petrol-2d-cabriolet-jHEGCGHtc6
| 2024-12-16T06:33:55Z
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Online Food Delivery Market Size, Share, Emerging Trends, Historic Analysis, Industry Growth Factors, Forecast
WILMINGTON, DE, UNITED STATES, December 16, 2024 /EINPresswire.com/ -- The Global Online Food Delivery Market Size was valued at $343.67 billion in 2022, and is estimated to reach $1302.4 billion by 2032, growing at a CAGR of 14.3% from 2023 to 2032.
The Online Food Delivery market has become a dynamic and rapidly evolving sector, with a surge in demand driven by shifting consumer preferences and the convenience of digital platforms.
Request Sample Report: www.alliedmarketresearch.com/request-sample/5088
The Online Food Delivery market has become a dynamic and rapidly evolving sector, with a surge in demand driven by shifting consumer preferences and the convenience of digital platforms. Industry trends reveal a significant rise in online food ordering, influenced by the ubiquity of smartphones and the ease of accessing diverse culinary options at one's fingertips. The market's growth is propelled by factors such as busy lifestyles, urbanization, and the desire for diverse dining experiences, leading to a robust ecosystem that connects restaurants, consumers, and delivery services.
One prominent trend shaping the Online Food Delivery market is the integration of advanced technologies, including artificial intelligence and machine learning, to enhance user experiences. Personalized recommendations, efficient order tracking, and predictive analytics contribute to customer satisfaction and loyalty. The growing inclination towards healthier food options and dietary preferences has also fueled the rise of niche delivery services, catering to specific needs and expanding the market's reach. Furthermore, strategic partnerships between delivery platforms and restaurants, coupled with innovative marketing initiatives, play a pivotal role in sustaining growth by attracting a broader customer base.
Buy Now and Get Discount : https://www.alliedmarketresearch.com/online-food-delivery-market/purchase-options
By region, it is analyzed across North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Asia-Pacific), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Europe), and LAMEA (Brazil, Argentina, South Africa, and Rest of LAMEA).
The Asia-Pacific region accounted for a major share in the online food delivery market in 2022 and is expected to grow at a significant CAGR during the forecast period. The growth of the Online Food Delivery Market in the Asia-Pacific region can be attributed to various factors. The region's vast and diverse population, along with evolving consumer preferences, provides a significant customer base. Rapid urbanization, busy lifestyles, and widespread smartphone usage have increased the demand for convenient dining solutions.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the online food delivery market include Delivery Hero SE, Grab Holdings Inc., Just Eat Holding Limited, Demae-Can Co., Ltd, Uber Technologies Inc., Deliveroo, Yum! Brands Inc., Delivery.com, LLC, Domino's Pizza, Inc., iFood, Swiggy.
Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5088
Trending Reports:
Global Alcohol E-Commerce Market
Global Food 3D Printing Market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
The Online Food Delivery market has become a dynamic and rapidly evolving sector, with a surge in demand driven by shifting consumer preferences and the convenience of digital platforms.
Request Sample Report: www.alliedmarketresearch.com/request-sample/5088
The Online Food Delivery market has become a dynamic and rapidly evolving sector, with a surge in demand driven by shifting consumer preferences and the convenience of digital platforms. Industry trends reveal a significant rise in online food ordering, influenced by the ubiquity of smartphones and the ease of accessing diverse culinary options at one's fingertips. The market's growth is propelled by factors such as busy lifestyles, urbanization, and the desire for diverse dining experiences, leading to a robust ecosystem that connects restaurants, consumers, and delivery services.
One prominent trend shaping the Online Food Delivery market is the integration of advanced technologies, including artificial intelligence and machine learning, to enhance user experiences. Personalized recommendations, efficient order tracking, and predictive analytics contribute to customer satisfaction and loyalty. The growing inclination towards healthier food options and dietary preferences has also fueled the rise of niche delivery services, catering to specific needs and expanding the market's reach. Furthermore, strategic partnerships between delivery platforms and restaurants, coupled with innovative marketing initiatives, play a pivotal role in sustaining growth by attracting a broader customer base.
Buy Now and Get Discount : https://www.alliedmarketresearch.com/online-food-delivery-market/purchase-options
By region, it is analyzed across North America (U.S., Canada, Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Asia-Pacific), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Europe), and LAMEA (Brazil, Argentina, South Africa, and Rest of LAMEA).
The Asia-Pacific region accounted for a major share in the online food delivery market in 2022 and is expected to grow at a significant CAGR during the forecast period. The growth of the Online Food Delivery Market in the Asia-Pacific region can be attributed to various factors. The region's vast and diverse population, along with evolving consumer preferences, provides a significant customer base. Rapid urbanization, busy lifestyles, and widespread smartphone usage have increased the demand for convenient dining solutions.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the online food delivery market include Delivery Hero SE, Grab Holdings Inc., Just Eat Holding Limited, Demae-Can Co., Ltd, Uber Technologies Inc., Deliveroo, Yum! Brands Inc., Delivery.com, LLC, Domino's Pizza, Inc., iFood, Swiggy.
Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5088
Trending Reports:
Global Alcohol E-Commerce Market
Global Food 3D Printing Market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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Allied Market Research
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https://www.einpresswire.com/article/769278232/online-food-delivery-market-size-share-emerging-trends-historic-analysis-industry-growth-factors-forecast
| 2024-12-16T06:33:57Z
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A Cast Recording for HAPPY ENDING, Starring Darren Criss and Helen J Shen is On the Way
Great news to share for fans of Happy Ending, the new musical starring Darren Criss and Helen J Shen. On social media, the show revealed this evening that a cast recording is in the works.The show features music by Will Aronson, lyrics by Hue Park, book by both Aronson and Park, and direction by Tony Award-winner Michael Arden.
Maybe Happy Ending opened on Broadway on November 12, 2024 at the Belasco Theatre. Maybe Happy Ending stars Emmy and Golden Globe Award-winner Darren Criss, Helen J Shen, Dez Duron, and Marcus Choi. The cast also includes: Steven Huynh, Hannah Kevitt, Daniel May, and Christopher James Tamayo who round out the production as the understudies.
Inside a one-room apartment on the outskirts of Seoul, Oliver (Criss) lives a happily quiet life listening to jazz records and caring for his favorite plant. But what else is there to do when you’re a HelperBot 3, a robot that has long been retired and considered obsolete? When his fellow HelperBot neighbor Claire (Shen) asks to borrow his charger, what starts as an awkward encounter leads to a unique friendship, a surprising adventure, and maybe even...love? Winner of the Richard Rodgers Award, Maybe Happy Ending is the offbeat and captivating story of two outcasts near the end of their warranty who discover that even robots can be swept off their feet. Helmed by visionary director and Tony Award winner Michael Arden (Parade, Once on This Island), with a dazzling scenic design by Dane Laffrey (A Christmas Carol) and book, music, and lyrics by the internationally acclaimed duo Will Aronson and Hue Park, Maybe Happy Ending is a fresh, original musical about the small things that make any life worth living.
Maybe Happy Ending was written in both Korean and English-language versions. The Korean-language version opened in December of 2016 at DaeMyung Culture Factory in Seoul and subsequently won six Korean Musical Awards including Best Musical. The English-language version was awarded the 2017 Richard Rodgers Production Award and had its U.S. premiere at the Alliance Theatre in Atlanta in the 2019-2020 season under the direction of Michael Arden.
Videos
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https://www.broadwayworld.com/article/MAYBE-HAPPY-ENDING-To-Release-Cast-Recording-20241215
| 2024-12-16T06:33:58Z
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The sunflower shrub is shaped like a Christmas tree. A big, fluffy, leafy inverted cone. A single blooming sunflower smiles from the peak, the angel tree topper. I count the buds on this solo sunflower plant. There are a hundred and seven in varying sizes and staggered flowering dates. So this sunflower tree inspired by the season and tradition of goodwill, will decorate its branches with beautiful blooming baubles of happiness and optimism and continually light up the garden in the coming few months.
I walk through my garden for more connection and seasonal embraces. The capital city of Delhi plagued with dense pollutants and extreme ill health, seems to have curried up seasonal favour with the wind gods. The northwesterly winds have indeed been our own guardian angels. I chatter with the trees in my garden due to my own perennial interest in animism — the belief that all creatures have spiritual essence and free will. And that oceans, mountains, deserts, trees, sea and land creatures can all have social relationships. I glance at a teeny winter toadstool that a teenier and very pretty lady bird is determinedly climbing. Yes, I grin in response to this serendipitous visual offering, insects and mycelium have spectacular social structures. Can the myopic human even think of competing with those unbelievably complex, healthful and synergistic networks?
But the human being ‘thinks’ and of course thinks that thinking is his superpower. That somehow makes him superior to all the others that are also the creation of the Divine intelligence. The human being thinks till he overthinks himself to ill health. And there is ill health in the planet. If only we can be still and allow the masterclass from nature. And allow the healing!
(Written by Anupamaa Dayal)
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https://www.indulgexpress.com/msociety/2024/Dec/16/in-praise-of-stillness
| 2024-12-16T06:33:59Z
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NovoCure (NASDAQ:NVCR – Free Report) had its target price boosted by Piper Sandler from $28.00 to $42.00 in a research note issued to investors on Friday morning,Benzinga reports. Piper Sandler currently has an overweight rating on the medical equipment provider’s stock.
Several other research analysts have also issued reports on NVCR. Evercore ISI upgraded shares of NovoCure from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $18.00 to $30.00 in a research note on Monday, December 2nd. Wedbush reiterated a “neutral” rating and issued a $29.00 price target (up from $24.00) on shares of NovoCure in a research note on Monday, December 2nd. Finally, HC Wainwright reiterated a “buy” rating and issued a $38.00 price target (up from $30.00) on shares of NovoCure in a research note on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $32.67.
Read Our Latest Report on NovoCure
NovoCure Trading Up 11.1 %
NovoCure (NASDAQ:NVCR – Get Free Report) last posted its earnings results on Wednesday, October 30th. The medical equipment provider reported ($0.28) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.06. NovoCure had a negative net margin of 25.93% and a negative return on equity of 41.48%. The firm had revenue of $155.10 million during the quarter, compared to analysts’ expectations of $143.95 million. During the same period last year, the company posted ($0.46) EPS. The company’s quarterly revenue was up 21.8% compared to the same quarter last year. Equities analysts predict that NovoCure will post -1.32 EPS for the current year.
Institutional Trading of NovoCure
A number of institutional investors and hedge funds have recently bought and sold shares of NVCR. Nordwand Advisors LLC increased its stake in NovoCure by 100.0% during the 3rd quarter. Nordwand Advisors LLC now owns 3,029,824 shares of the medical equipment provider’s stock valued at $47,356,000 after purchasing an additional 1,514,824 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of NovoCure by 171.9% in the second quarter. Renaissance Technologies LLC now owns 760,175 shares of the medical equipment provider’s stock worth $13,022,000 after acquiring an additional 480,600 shares during the period. Panagora Asset Management Inc. grew its stake in shares of NovoCure by 309.8% in the second quarter. Panagora Asset Management Inc. now owns 409,794 shares of the medical equipment provider’s stock worth $7,020,000 after acquiring an additional 309,805 shares during the period. AQR Capital Management LLC grew its stake in shares of NovoCure by 234.2% in the second quarter. AQR Capital Management LLC now owns 431,445 shares of the medical equipment provider’s stock worth $7,391,000 after acquiring an additional 302,351 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of NovoCure by 56.8% in the second quarter. Bank of New York Mellon Corp now owns 419,960 shares of the medical equipment provider’s stock worth $7,194,000 after acquiring an additional 152,185 shares during the period. 84.61% of the stock is currently owned by institutional investors.
About NovoCure
NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, Japan, Greater China, and internationally. The company’s TTFields devices include Optune Gio and Optune Lua.
Further Reading
- Five stocks we like better than NovoCure
- What is the Nikkei 225 index?
- Dave & Buster’s: Is It Time to Make Another Play on This Stock?
- How to Invest in Biotech Stocks
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Canadian Penny Stocks: Can They Make You Rich?
- Texas Instruments: The Old-School Tech Titan Still Delivering
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https://www.tickerreport.com/banking-finance/12746803/novocure-nasdaqnvcr-price-target-raised-to-42-00.html
| 2024-12-16T06:33:59Z
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Specifications for the 2015 Porsche 911 Carrera 4S. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4s-991-my15-petrol-2d-coupe-EzgvWHMpeB
| 2024-12-16T06:34:03Z
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Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China.
Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China.
The country became a magnet for Chinese manufacturers looking for a production base from which to ship their goods to the U.S. tariff-free.
The country became a magnet for Chinese manufacturers looking for a production base from which to ship their goods to the U.S. tariff-free.
Now, as the incoming administration girds for new battles over trade, Trump and his team are signaling that they intend to slam this backdoor shut.
Such a move would hurt Vietnam’s small but rapidly growing economy, and likely mean higher prices for U.S. consumers who buy Vietnamese goods and U.S. companies supplied by Vietnamese factories. Since Trump placed tariffs on Chinese goods six years ago, Vietnam has expanded around 8% a year, buoyed by a gusher of foreign investment and booming exports to the U.S.
The country now supplies a third of the sports shoes, half of the wooden beds and dining tables, and a quarter of the solar cells imported by the U.S.
Outside its capital Hanoi, once-sleepy northern provinces have been turned into export powerhouses, with rice paddies giving way to hulking billion-dollar factories assembling smartphones and semiconductors. U.S. companies with suppliers in Vietnam include Apple, Nike and Gap.
But in May, Jamieson Greer, Trump’s nominee for U.S. trade representative, said the U.S. should tighten trade rules to prevent what he described as “third-country workarounds," in which goods that contain a lot of Chinese parts or were made in a third country by a subsidiary of a Chinese company enter the U.S. without facing the steep tariffs they would have done had they come direct from China. Though he didn’t name them specifically, Vietnam and Mexico are among those countries where Chinese companies have built bridgeheads into the U.S. market.
Vietnam is a trade target of the new administration in other ways, too. The president-elect has floated the idea of levying tariffs on all imports into the U.S., and talks about forcing countries to close their trade gaps with the U.S.
Vietnam exports to the U.S. nine times as much as what it imports from the country, putting it fourth behind China, Mexico and the European Union for U.S.’s biggest bilateral trade deficits. In 2019, Trump said Vietnam was the “single worst abuser of everybody" on trade, a charge Hanoi denies.
“Given Vietnam’s large trade surplus with the U.S., the country may be particularly exposed to a more protectionist economic agenda," said Adam Sitkoff, head of the American Chamber of Commerce in Hanoi.
Still, some in Vietnam say Trump’s focus on China and Mexico will allow Vietnam to fly under the radar, ultimately driving more foreign investment into the country. And any new tariffs on Vietnamese goods will likely be lower than those Trump levies on China, helping Vietnam maintain its competitive edge.
“A lot of the things that made Vietnam attractive during Trump’s first term are still the same," said Thuy Anh Nguyen, a country specialist at Dragon Capital, a Ho Chi Minh City-based asset manager, citing improved infrastructure and low labor and other costs.
For some tech companies especially, Vietnam is still a big draw. U.S. chip juggernaut Nvidia said this month that it plans to open an artificial intelligence research-and-development center in Vietnam.
Samsung, the South Korean consumer-electronics giant that has invested more than $22 billion in the communist country, recently agreed to construct a $1.8 billion new factory making diode displays.
Apple has about 35 suppliers with production in Vietnam, triple the number it had there before the trade war began. Apple, which began diversifying its supply chain from China in recent years, now assembles iPads, MacBooks and its earphones in the Southeast Asian country.
Vietnam’s success in straddling the U.S. and China reflects its favorable demographics and geography. A country of 98 million with a young and cheap labor force, its border with China allows easy shipments of materials and parts to factories. Vietnam has also been diplomatically adept in its dealings with Washingon and Beijing, something its former Communist Party head, Nguyen Phu Trong, described as “bamboo diplomacy"—foreign relations that are firmly rooted, but flexible.
In November, U.S. companies including fashion designer Steve Madden and Acushnet, the maker of Titleist golf balls and FootJoy golf shoes, talked in investor calls about moving shoe production to Vietnam from China. Acushnet said it would make all of its shoes in Vietnamese factories by the end of 2025, instead of in China.
Since Trump’s first term began in 2016, Vietnam has attracted almost $290 billion in foreign investment, almost as much as it pulled in over the previous two decades. South Korea and Japan are among its biggest investors, but China has been rapidly catching up. China and Hong Kong have invested $54 billion there in the same period, 10 times as much as U.S.-based companies.
Singapore is another big investor, pumping in around $58 billion over the same period. Corporate filings suggest that some Singapore-based investment might originate from China. Chinese manufacturers typically set up subsidiaries in Singapore or Hong Kong to funnel money into Vietnam, according to stock filings, mainly to minimize taxes.
UE Chairs, a Chinese maker of ergonomic chairs for retailers such as Staples and Office Depot, built its first Vietnam factory in late 2018, as tariffs on Chinese furniture spiked to 25%. It set up a wholly owned Hong Kong subsidiary and used that entity to invest in the Vietnamese factory. Since then, UE Chairs has added another plant in Vietnam with a third on the way. Now, almost all of its U.S. exports come from Vietnam, and Vietnam has helped the company expand its market share in America, the company has said.
Chinese socks and apparel maker Zhejiang Jasan Holding Group, which counts Uniqlo, Under Armour and Gap as its biggest clients, announced plans in October to build a new factory in northern Vietnam’s Nam Dinh province. Jasan made the investment through its wholly owned subsidiary in Singapore, according to stock exchange filings.
Jasan’s overseas assets, which the company says are mainly composed of its production bases in Vietnam, more than doubled between 2017, before the onset of the U.S.-China trade war, and 2023, according to its annual reports. Overseas assets now account for more than 40% of Jasan’s total assets.
Even if Trump were to put in higher tariffs, factories take years to set up. Companies would rather divert exports away from the U.S. to other markets than move out, said Frank Vossen, whose company Seditex helps foreign businesses source and set up in Vietnam.
Vossen said the number of new inquiries he received from American clients doubled this year from a year ago. Many were sourcing metal and plastic parts. Existing U.S. customers are also contemplating moving more business to Vietnam, he said.
There are some signs of caution. Since Trump’s election win, some Taiwanese electronics manufacturers have started reconsidering possible new investments in Vietnam, fearing that his administration will put tariffs on Vietnamese exports or target the country for other alleged trade violations.
Vietnam also has problems with corruption and a shortage of skilled manpower. And it still relies heavily on components and intermediate goods from China. This lack of an ecosystem for components has sent business looking into neighboring countries such as Thailand, which have more local raw material manufacturing, or sometimes even back to China.
Jake Phipps, CEO of furniture, toilet fixtures and lighting supplier Phipps International, shut a Vietnam factory that made medicine cabinets and mirrors because he couldn’t find reliable local parts suppliers and had to import everything from China.
With excess industrial capacity in China, prices there have come down, and he has moved some production back there instead, said Phipps.
“China’s quality is way superior at the end of the day," he added.
Yang Jie in Tokyo and Jiyoung Sohn in Seoul contributed to this article.
Write to Liza Lin at liza.lin@wsj.com, Jason Douglas at jason.douglas@wsj.com and Rebecca Feng at rebecca.feng@wsj.com
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https://www.livemint.com/news/world/vietnam-won-big-in-donald-trump-s-first-trade-war-now-it-s-a-target/amp-11734324690813.html
| 2024-12-16T06:34:05Z
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5 Reasons Why Besharam Fails As A Film
Despite the hype Ranbir Kapoor's Besharam is turning out to be one of the biggest disappointments of 2013
This was a holiday release that was supposed to scale new heights at the box-office. Releasing in the wake of Yeh Jawaani Hai Deewani’s stupendous success; a solo, action entertainer like Besharam seemed like the perfect film for Ranbir Kapoor to cement his star status.
Add to that the novelty of seeing him share screen space with his legendary parents, coupled with director Abhinav Kashyap’s Dabangg sense of filmmaking…And Besharam looked like a surefire front-loaded blockbuster on paper. However the reality is completely different.
Despite the underwhelming promos and lackluster music, fans went in huge numbers to check out current heartthrob Ranbir Kapoor’s attempt at going massy. But the result is a colossal disappointment, and even Ranbir’s sincere and charming act cannot seem to eclipse the gaping flaws in the film.
Ranbir Kapoor gives it his best, but is let down by dull direction and an uninspiring screenplay. And these mind you, are just a few of the film’s many problems.
Poor Characterization
One of the biggest blunders in Besharam is the poor characterization of Rishi Kapoor and Neetu Kapoor's roles. The most loved couple of Indian cinema, Rishi and Neetu symbolize 'all things beautiful' in our movies. However in Besharam, a legend such as Rishi Kapoor has been reduced to doing toilet humour, while Neetu Kapoor is shockingly given a shabbily-written, bitter role that evokes zero sympathy. With the Kapoor trio in their cast, the makers of Besharam had a golden chance of giving us a memorable film or atleast some delightful scenes featuring the three - But like Yamla Pagla Deewana 2, the opportunity is blown-up completely due to pedestrian writing. Truly a wasted chance!
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Lazy Direction
The least one expects from such films is, racy pacing. Ready, Chennai Express and Kapoor’s own Ajab Prem Ki Ghazab Kahani, did not have great plots! However the directors managed to maintain a certain tempo and energy in their execution that made these films such a joyride.
While Besharam does have an amusing first half, the movie hits a dead-end soon after interval, and becomes a tiring slog. By the end of the film, even the talented cast seems to stop caring and looks completely disinterested in the proceedings.
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Lame Music
Maybe Abhinav Kashyap wanted to reward his 'Munni Badnam' guest-composer with a full-fledged project and that is why Lalit Pandit came on board. However the genuinely gifted Lalit (of Jatin-Lalit fame) serves up left over tunes that are just a rehash of the composer duo’s memorable work in films like Sarfarosh and Yes Boss. Even the sound and playback feel stale.
Wish he had taken lessons from Aashiqui 2, on how to package conventional Bollywood melody in a contemporary form. In a film that has a song every 15 minutes, Besharam majorly suffers due to a dull soundtrack.
__PAGEBREAK__
Bland Heroine
For the love story of a 'Besharam' character like Babli to work, it is important to have a girl who is totally out of his league. Only then will one be convinced about his sudden vulnerability and change of heart. Pallavi Sharda's look is ordinary and she comes across as very bland, making it difficult to believe that a shameless and self-centered bloke like Babli would flip each time he sees her.
One of the reasons Ajab Prem Ki Ghazab Kahani worked so well was because Katrina looked every bit of the dream girl, who could make any man go weak in his knees.
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Weak Plot
Agreed that this film was planned before Ranbir Kapoor became a huge star. However the makers should have sensed the wave, and rewritten the plot to suit his current stardom. The setting of Besharam is limited to the Delhi-Chandigarh highway, while Ranbir’s character is a petty car-thief, who is on the run in a base-level Mercedes with a bag containing only few Crores of cash.
His motivation too is an uninspiring mix of Lage Rao Munnabhai (unknowingly hurting his lady love due to his unlawful acts) and his Granduncle Shammi Kapoor's classic Bhramachari (taking care of an orphanage). Clearly a star of RK's stature, deserved a much bigger, original and complex conflict.
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https://www.indiatimes.com/entertainment/bollywood/5-reasons-why-besharam-fails-as-a-film-104921.html
| 2024-12-16T06:34:05Z
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NeoGenomics (NASDAQ:NEO – Free Report) had its target price upped by Bank of America from $18.00 to $19.00 in a research report report published on Friday morning,Benzinga reports. They currently have a neutral rating on the medical research company’s stock.
Other equities research analysts have also issued reports about the company. Benchmark restated a “buy” rating and set a $18.00 price target on shares of NeoGenomics in a research report on Tuesday, September 24th. Jefferies Financial Group assumed coverage on NeoGenomics in a research report on Tuesday, December 10th. They set a “buy” rating and a $22.00 price target on the stock. Finally, Needham & Company LLC restated a “buy” rating and set a $19.00 price target on shares of NeoGenomics in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $20.30.
View Our Latest Stock Analysis on NeoGenomics
NeoGenomics Price Performance
NeoGenomics (NASDAQ:NEO – Get Free Report) last posted its earnings results on Tuesday, November 5th. The medical research company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.04. NeoGenomics had a negative return on equity of 2.11% and a negative net margin of 12.07%. The firm had revenue of $167.80 million for the quarter, compared to analysts’ expectations of $167.00 million. During the same period in the previous year, the firm earned ($0.06) earnings per share. The business’s revenue was up 10.5% compared to the same quarter last year. On average, equities research analysts predict that NeoGenomics will post -0.16 EPS for the current year.
Insiders Place Their Bets
In other news, General Counsel Alicia C. Olivo sold 5,175 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $15.36, for a total transaction of $79,488.00. Following the transaction, the general counsel now directly owns 37,129 shares of the company’s stock, valued at $570,301.44. This represents a 12.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.30% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Blue Trust Inc. lifted its holdings in shares of NeoGenomics by 107.2% during the second quarter. Blue Trust Inc. now owns 2,331 shares of the medical research company’s stock valued at $32,000 after purchasing an additional 1,206 shares in the last quarter. Quarry LP bought a new position in shares of NeoGenomics during the third quarter valued at $40,000. Canada Pension Plan Investment Board bought a new position in shares of NeoGenomics during the second quarter valued at $57,000. KBC Group NV lifted its holdings in shares of NeoGenomics by 33.1% during the third quarter. KBC Group NV now owns 4,530 shares of the medical research company’s stock valued at $67,000 after purchasing an additional 1,127 shares in the last quarter. Finally, FMR LLC lifted its holdings in shares of NeoGenomics by 7.6% during the third quarter. FMR LLC now owns 13,255 shares of the medical research company’s stock valued at $196,000 after purchasing an additional 931 shares in the last quarter. 98.50% of the stock is owned by institutional investors.
NeoGenomics Company Profile
NeoGenomics, Inc operates a network of cancer-focused testing laboratories in the United States and the United Kingdom. It operates through Clinical Services and Advanced Diagnostics segments. The company offers testing services to hospitals, academic centers, pathologists, oncologists, clinicians, pharmaceutical companies, and clinical laboratories.
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https://www.tickerreport.com/banking-finance/12746804/neogenomics-nasdaqneo-price-target-raised-to-19-00.html
| 2024-12-16T06:34:06Z
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SCOTT DETROW, HOST:
By many measures, California is a shining success story. On its own, it boasts the world's fifth-largest economy. It's one of the richest states in the U.S., with one of the country's highest per capita incomes. And California is also a place where Hollywood and Silicon Valley have set a standard for the U.S. and created a mythical, romantic version of the state that looms over pop culture. But in recent years, it is a story that has been told of one as a state in decline. And according to that narrative, the most populous state is overregulated and too expensive to live in, and so much so, according to some, that people are fleeing it in droves. But how true is that story? To answer, I am joined now by Tessa McLean, the California editor at the online publication SFGATE. She dug into this narrative - not just the current one, but previous times that everybody has been talking about California failing. Welcome to ALL THINGS CONSIDERED.
TESSA MCLEAN: Thanks for having me.
DETROW: Let's just start with the now - how dire is it? Is the California dream over? Are we packing it up?
MCLEAN: (Laughter) No, the California dream is not quite over yet, though many would say it is dying. The population in the last three years has declined, but it's never declined more than 1%. Each year since 2021, it's declined by a smaller and smaller number, and in 2023, it only declined 0.09%, according to figures from the State Department of Finance. So growth is simply slowing. It has not fully declined.
DETROW: But this led you to take a broader look because, you know, I covered California politics for a couple of years, and I heard this at the time I was there, and it seems like such a constant. This state is too expensive. It's overregulated. It's killing itself, and people are leaving in droves. And yet, the population - big-picture - continues to go up, the economy continues to grow. Why did you want to take a look back at these previous moments of doom and gloom? What was interesting about it to you?
MCLEAN: I write a lot about the movement of Californians, whether that's leaving the state entirely for a different state like Texas or Montana or whether they're moving around within the state itself. So I really wanted to take a look at the population data and see how big any decline has been in recent years and find out if this was a new phenomenon or if this had in fact been happening for years.
DETROW: Yeah.
MCLEAN: And leading up to the most recent election, it felt like California was in the spotlight more than ever. Kamala Harris was born in the Bay Area. She started her career in California, and that fact was often used against her. Meanwhile, Donald Trump is boasting about how Elon Musk left California for Texas. And Governor Gavin Newsom is sparring with the governors of Texas and Florida, and these conversations are making the national news. I wanted to take a step back and examine America's obsession with California failing.
DETROW: To be clear, though, you're not saying that some of the real problems that are being flagged, like the high cost of living, the cost of housing, in particular, aren't real. It's just that they may be overblown in terms of leading people to flee the state in droves?
MCLEAN: Absolutely. California is an expensive place to live. There's no doubt about it. And that high housing costs and all the cost of living expenses that come along with that are a big reason - the main reason, mainly - why people leave. There's been a lot more migration within the state itself, especially since the pandemic. You know, people might be leaving large coastal metros like San Francisco or Los Angeles for places like the Inland Empire or Sacramento, more so than are leaving the state itself.
DETROW: Why do you think then there's such an impulse over the years - and you're talking about the dot-com bust, you're talking about earlier periods in the 20th century. Why do you think there's such an interest in declaring the death of California?
MCLEAN: California has always been a prosperous place. It's a place that people look to, to go find wealth and success. People have been migrating out to California, looking for the California dream since the Gold Rush. And so I think that idea of the California dream is really important for people, and it really draws people out there.
DETROW: Were there any interesting parallels that you picked up on when you compared these moments?
MCLEAN: Yeah. I mean, the parallels is that the reasons that people are leaving are almost always the same. It's high housing costs. It's traffic. It's overpopulated cities, people just being fed up with the politics of the state. Those reasons never really changed, whether it's 1989 or 2023.
DETROW: That's Tessa McLean, the California editor at SFGATE. Her piece, "America's Obsession With California Failing," is at sfgate.com. Thanks so much for talking to us.
MCLEAN: Thank you. Transcript provided by NPR, Copyright NPR.
NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.
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https://www.boisestatepublicradio.org/2024-12-15/the-love-hate-tug-of-war-with-california
| 2024-12-16T06:34:10Z
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Power lesson: ‘Master States’ tend to arise on the back of geopolitical upheavals
Summary
- From Europe’s rise to that of America and then others, the success script has been familiar. Innovation in generating value has mattered, but power has largely been achieved so far by making the most of geopolitical upheavals.
Right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must"—Thucydides.
Nothing describes the evolution of the Westphalian system of ‘nation states’ that humanity has adopted better than Thucydides’ pithy observation in his Melian Dialogue.
This system is governed not by rules or by any manner of a ‘global rules-based order,’ but by an oligarchy of ‘Master States’ that, by dint of their dominance of military and economic affairs, create and impose rules as they deem fit in their own interests.
Also read: The rise of Trump calls upon India to reshape its globalization game
While military strength is important, the entry ticket to this elite club of ‘Master Nations’ is governed by economic influence. This means that less developed countries face an unequal global economic system where the rules are stacked against them and in favour of a few powerful states that shape it to their own advantage.
But every once in a while, geopolitical chaos roils this oligarchy and offers other countries a ladder to climb out of their pit of economic weakness and join the top ranks. The fundamental problem that a poor country faces is a lack of resources (capital, raw material, technology and others) that can be used for production, coupled with weak access to markets where these goods can be sold freely to generate surpluses.
The old Master States of Europe, as founding members of an oligarchy, solved their resource and market problem through geopolitical chaos. They led a wave of pillage, plunder and conquest in Asia, Africa and the ‘new world’ to generate surpluses that enriched and empowered them.
The British fine-tuned this formula, with their colonies serving as sources of cheap raw material and labour and also as large markets for their products. While early industrial-age innovation played a role in Britain’s success, the Raj helped it consolidate its authority as the world’s reigning hegemon.
Countries that came late to the global imperial project have used more innovative geopolitical operations to succeed. America, for instance, could not resort to empire building because of its inherent inconsistency with its Constitution and the fact that most of the world had already been colonized by European powers, but it had no qualms using slavery to cover its labour shortage.
It also used geopolitical chaos in the ‘old world’ of Europe to brazenly steal European technology while protecting its manufacturers with high tariff walls. The new world began to attract European and British capital for infrastructure development.
The English, who seemed to have developed a misguided sense of overconfidence and had pivoted to free trade, perhaps on the assumption that their manufacturing might could not be challenged, looked on indulgently as the US came up with its own factory innovations for mass production, which sent it barrelling towards success and power.
This model would be copied to some extent by another power. But more on that later.
Also read: Thaw in India-China ties to help trade, movement of people but caution on FDI likely to stay
While America was well on its way to joining this elite club by the start of the 20th century, it was the geopolitical upheaval of World War II that put America at the head of the top table. The US economy generated massive surpluses by supplying war materiel to its allies and storming the war-front after Japan’s bombing of its Pearl Harbour.
By the end of the war, its ally France was shattered and Britain was economically exhausted. No longer able to uphold the value of the sterling, a weary Britain passed the crown to the US, whose entry had turned the war’s tide against Germany and Japan.
This made the US the world’s top power, while the arrangements forged at the 1944 Bretton Woods huddle affirmed the dollar’s new status as the world’s principal trade currency.
The post-war rise of Germany and Japan can be attributed partly to the war’s repercussions. The US generously funded a Marshall Plan to rebuild Europe and West Germany served as the West’s bulwark against Soviet expansionism as the Cold War got underway.
To keep Japan under its influence, the US not only took charge of its security, but helped the Japanese economy export its way to prosperity. The US sourced massively from Japan during the Korean war and continued to do so afterwards, endowing Japan with capital, technology and management know-how that formed the basis of the latter’s success (though Japan made a few factory innovations of its own).
The US also lobbied to get Japanese exports market access throughout the world. While Britain and others refused to give Japanese exports access and ‘most favoured nation’ status, the US opened its own market to Japanese products. The rest is history.
Also read: Hot wars and cold: Global geopolitics mustn't turn adverse for India
The rise of ‘Master States’ clearly owes as much to geopolitics as it does to other factors.
The economic success of almost every such state so far has in large part been driven by its ability to harness geopolitical chaos in its favour and obtain favourable terms.
In the concluding part of this column, we will look at some other such economic ‘miracles’ and lessons for Indian policymakers.
The author is a director at Arrjavv and a ‘probabilist’ who researches and writes on behavioural finance and economics. Her X handle is @DivaJain2
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https://www.livemint.com/opinion/online-views/power-lesson-master-states-tend-to-arise-on-the-back-of-geopolitical-upheavals-global-order-united-states-trump-india-11734084420135.html
| 2024-12-16T06:34:11Z
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Aamir Khan's Dhoom 3 Gets Dolby Atmos
All set to release on 20th December 2013, Dhoom:3 will receive a native Atmos mix at YRF Studios, which has been upgraded to be capable of mixing in Dolby Atmos.
Dolby Laboratories, Inc. (NYSE: DLB) and Yash Raj Films announced that the much awaited Dhoom:3 will be releasing in Dolby® Atmos™ – a revolutionary cinema sound technology. Dolby Atmos unleashes the potential of sound in storytelling by giving filmmakers the creative freedom to easily place or move sounds anywhere in the movie theatre to create a life-like cinema sound experience.
“We are really looking forward to the release of Dhoom:3 in Dolby Atmos which will help bring alive the action thriller for our audiences in the cinemas. Great audio has been one of the key attributes of the Dhoom franchise, and this technology helps make the overall experience more realistic for our audiences connecting them with the thrill, excitement and the great music of the movie,” said Aashish Singh, Vice President - Production, Yash Raj Films Pvt. Ltd. “We believe that with Dolby Atmos, we are ushering in a newer, better and bigger experience for the movie-going audiences that will truly envelop them into the grandeur of Hindi movies, elevating the complete cinematic experience while watching Dhoom:3.”
The Dhoom franchise has been a tremendous success among Indian audiences around the world, and Dhoom:3 is all set to pump up the adrenaline again.
Produced by Aditya Chopra, DHOOM:3 is written and directed by Vijay Krishna Acharya, popularly known as Victor, who has written DHOOM & DHOOM:2. The movie stars Aamir Khan, Abhishek Bachchan, Katrina Kaif and Uday Chopra in lead roles.
All set to release on 20th December 2013, Dhoom:3 will receive a native Atmos mix at YRF Studios, which has been upgraded to be capable of mixing in Dolby Atmos.
Commenting on the announcement, Pankaj Kedia, Country Manager, Dolby Laboratories India said, “We are very excited and extremely delighted to work with one of the pioneers of the Indian cinema industry. Yash Raj Films have always set benchmarks in aiming to provide the best content to audiences not only in India but around the world. With Dhoom:3 in Dolby Atmos, the audiences would be treated to the most realistic cinematic experience amplifying the action, emotion, excitement and thrill of the movie, like never before.” He further added, “As we move forward in this association, we are committed to offer the Indian audiences the best of Bollywood’s cinematic experience.”
Dolby Atmos will offer the most advanced audio platform in cinematic surround sound that revolutionizes the experience of sound in entertainment. It allows movie makers a new level of creative control and ensures that audiences will experience the full impact of the sound mix. This technology gives filmmakers greater control over the definition and placement of sounds and is designed to help them unleash the full depth and power of their creative visions.
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https://www.indiatimes.com/entertainment/bollywood/aamir-khans-dhoom-3-gets-dolby-atmos-104881.html
| 2024-12-16T06:34:11Z
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Specifications for the 2015 Porsche 911 Carrera 4S. Details include engine, fuel usage, interior features, safety and more.
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https://www.whichcar.com.au/specs/2015-porsche-911-carrera-4s-991-my15-petrol-2d-coupe-KjGqr2HRZZ
| 2024-12-16T06:34:10Z
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