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A Wollongong developer has been hit with $225,000 in fines after the hook from a tower crane smashed into the side of the building. Black Friday Sale Subscribe Now! Login or signup to continue reading SafeWork NSW took developer Modco Homes to court over an incident that happened at 38-42 Atchison Street on July 12, 2021, when the building was under construction. On that day the worker operating the tower crane left for a toilet break, though he did not leave the hook block high enough to clear the building. "The tower crane slewed in an anti-clockwise direction from the roadside causing the hook block, lifting chain and hoist rope to strike and cause damage to the northeastern facade of the site on levels 16,17 and 18," the court ruling stated. Later that day, the crane operator was asked to lift two skip bins from the ground to level eight. During the lift, the hoist rope failed and the bins fell five storeys to level two - no-one was injured in this second incident. The crane driver went to retrieve the hook block, standing at the unprotected edge of the balcony without any fall protection devices. SafeWork NSW only discovered what had happened when it received two anonymous notifications about the second incident a day later. After an on-site investigation, Modco director George Seghabi informed SafeWork of the first and second incident. In court Modco pleaded guilty three incidents of failing to ensure the safety of workers, as a result of the two crane incidents and the incident where the worker was on the balcony. There was also one charge of not notifying SafeWork, and two charges of not leaving the site undisturbed until an inspector arrived. "While I accept that no harm occurred, and thankfully the outcome was not as bad as it could have been, had the regulator been notified after the first incident, then the tower crane would have been stood down and the second incident would not have occurred," Judge Wendy Strathdee's ruling said. In her ruling she also accepted Modco was unlikely to reoffend as "it had undertaken significant changes and is even more focused than before on the health and safety of its workers". "This is not a defendant that had no regard to safety at all - it had systems in place to protect its workers but there was no enforcement of such policies at the relevant times. "I further note that the defendant does not currently have any employees and that it does not intend to continue in the business." The defendant was fined $15,000 each for failing to notify SafeWork and the two counts of not leaving the site undisturbed. They were also fined $60,000 for each of the three incidents of failing to ensure the safety of workers. All up the fines totalled $225,000. I'm an award-winning senior journalist with the Illawarra Mercury and have well over two decades' worth of experience in newspapers. I cover the three local councils in the Illawarra for the Mercury, state and federal politics, as well as writing for the TV guide. If I'm not writing, I'm reading. I'm an award-winning senior journalist with the Illawarra Mercury and have well over two decades' worth of experience in newspapers. I cover the three local councils in the Illawarra for the Mercury, state and federal politics, as well as writing for the TV guide. If I'm not writing, I'm reading. More from Latest News Newsletters & Alerts DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. 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Fresh daily!Stocks down 1,991 points amid future contracts rollover pressure A stock broker watches share prices during a trading session at the Pakistan Stock Exchange (PSX) in the Provincial Capital on February 13, 2024. — Online KARACHI: Stocks fell 1,991 points on Thursday amid security concerns on the border and pressure on future contracts’ rollover. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index decreased by 1,991.49 points or 1.77 per cent to 110,423.32 points against 112,414.81 points recorded in the last session. The highest index of the day remained at 112,480.6 points, while the lowest level was recorded at 109,858.88 points. Ahsan Mehanti, an analyst at Arif Habib Corp, said, “Stocks fell sharply lower amid political uncertainty, concerns over the cautious SBP policy easing and uncertainty over the outcome of slippages on tax collection [targets set by the IMF].” He said that pressure on future contracts’ rollover, weak rupee and foreign outflows played a catalyst role in the bearish activity. The KSE-30 index decreased by 730.12 points or 2.06 per cent to 34,778.04 points against 35,508.15 points. Traded shares decreased by 252 million shares to 628.026 million shares from 880.598 million shares. The trading value dropped to Rs33.582 billion from Rs54.455 billion. Market capital narrowed to Rs14.014 trillion against Rs14.251 trillion. Of the 450 companies active in the session, 113 closed in green, 284 in red and 53 remained unchanged. Analyst Naveed Nadeem at Topline Securities said that the benchmark index experienced a decline, closing the session at 110,423 points, down by 1,991 points or 1.77 per cent. “The market has been influenced by increased leverage and the expiry of December contracts,” he said. “Furthermore, the ongoing security concerns at the borders are affecting investor sentiment.”The primary drivers of the downward movement were FFC, OGDC, PPL, MARI and LUCK, which collectively accounted for an alarming 996 points of the index’s overall decline. The highest increase was recorded in Nestle Pakistan Limited, which rose by Rs198.81 to Rs7,430.81 per share, followed by Mitchells Fruit Farms Limited, which increased by Rs17.44 to Rs266.05 per share. A significant decline was noted in Unilever Pakistan Foods Limited, which fell by Rs232.6 to Rs20,767.41 per share; Rafhan Maize Products Company Limited followed it, which closed lower by Rs198.1 to Rs9,001.9 per share. Analyst Muhammad Hasan Ather at JS Global said, “This decline was driven by rising leverage, year-end portfolio adjustments and security concerns at the borders. Despite the bearish sentiment, the market’s trailing earnings yields suggest potential for above-average long-term returns.” He added, “Falling interest rates and lower returns on alternative investments indicate that equities will remain attractive, providing promising opportunities for investors moving forward.” Fauji Foods Ltd remained the volume leader with 93.341 million shares, which closed higher by Rs1.44 to Rs16.39 per share. WorldCall Telecom, with 49.879 million shares, followed it, which closed lower by 6 paisas to Rs1.72 per share. Other significant turnover stocks included TRG Pak Ltd, BO Punjab, Hascol Petrol, K-Electric Ltd., Silk Bank Ltd, Fauji Cement, Cnergyico PK and Pak Elektron. In the futures market, 303 companies recorded trading, 67 of which increased, 234 decreased, and 2 remained unchanged.
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Tuesday Morning Co. ( OTCMKTS:TUESQ – Get Free Report ) shares rose 4.9% during mid-day trading on Friday . The company traded as high as $1.94 and last traded at $1.91. Approximately 155,600 shares were traded during trading, a decline of 47% from the average daily volume of 296,336 shares. The stock had previously closed at $1.82. Tuesday Morning Stock Up 4.9 % The stock has a 50 day moving average of $1.91 and a 200 day moving average of $1.91. Tuesday Morning Company Profile ( Get Free Report ) Tuesday Morning Corporation operates as an off-price retailer in the United States. The company offers various products, such as upscale home textiles, home furnishings, housewares, gourmet food products, pet supplies, bath and body products, toys, and seasonal décor products. As of June 30, 2020, it operated approximately 685 stores in 39 states. Read More Receive News & Ratings for Tuesday Morning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tuesday Morning and related companies with MarketBeat.com's FREE daily email newsletter .FORT WAYNE, Ind., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Do it Best announces the successful acquisition of True Value, a long-time competitor with a legacy brand that benefits both organizations. This monumental transaction represents a transformative milestone for Do it Best, True Value, and the entire independent hardware industry. The acquisition brings significant assets to Do it Best, including inventory, brand rights, and paint manufacturing facilities. By acquiring these key resources, Do it Best is poised for substantial growth and increased capability to support independent retailers and bring operational stability to current True Value retailers, along with investment in the iconic brand. Reflecting on the accelerated journey that began on October 14, Do it Best CEO Dan Starr acknowledged the hard work and dedication required to complete the acquisition. “This has been a challenging process,” said Starr. “However, the shared commitment from our team and the True Value team has made today possible. We are now proud to be the world’s largest cooperative in our space, and that positions us to make a real difference for all our store owners.” Starr confirmed that True Value will operate as a separate subsidiary, allowing Do it Best to maintain high-quality service while carefully integrating True Value’s operations. He emphasized this approach ensures a smooth transition and continued reliability for both Do it Best members and the newly welcomed True Value retailers. “We’re excited to welcome True Value retailers and associates into the Do it Best family,” Starr added. “Our commitment to championing the independent retailer is at the heart of everything we do, and I know our True Value team joins us in this mission. This acquisition is about ensuring our collective success, now and in the future.” To support this transformation, Do it Best has established a new leadership team dedicated to stabilizing and growing the True Value business while maintaining a focus on Do it Best member growth. Starr appointed Nick Talarico as President of Do it Best and Dent Johnson as President of True Value. Johnson’s True Value leadership team includes: Bill Habegger, Vice President of Information Technology Justin Hanford, Vice President of Merchandising Eric Lane, Senior Vice President of Marketing Tim Miller, Senior Vice President of Logistics & Distribution Chris Okapal, Vice President of Sales & Business Development Steve Rose, Vice President of Distribution Matt Saines, Vice President of Finance Rob Schmiedel, Vice President of Operations & Sales Enablement Ken Sorg, Vice President of Supply Chain Celeste Stevens, Vice President of Human Resources John Vanderpool, Senior Vice President of Manufacturing Jenna Grannan, Director of Marketing Randy Rusk, Director of Communications The acquisition is expected to be transformational for Do it Best, with a long-term vision that goes beyond growth for its own sake. By leveraging new efficiencies, deepening vendor relationships, and integrating key assets, Do it Best aims to position the expanded cooperative for long-term success. “This is a generational opportunity that will shape the future of our cooperative and our industry,” said Starr. “We’re focused on taking our time to get it right. We ask for patience as we integrate True Value and help everyone grow and achieve their dreams.” For additional updates and information, Do it Best will continue sharing developments with its store owners and vendors, ensuring transparency and clear communication as the stabilization and integration process moves forward. Attachments Do it Best President and CEO Dan Starr Do it Best Champions Independent Home Improvement Stores Kate Virag Ferguson Agency 260-414-2431 kate@fai2.com
Israel strikes Houthi targets in Yemen's capital. WHO chief says he was nearby‘India has skill, innovation, technology need for...’: PM Modi in Kuwait
From waste to wealth: Part - II This production could reduce carbon emissions by 70-80 per cent compared to conventional jet fuels This representational image shows a solid waste dump. — AFP/File The metropolitan municipal solid waste (MSW) generation, of which 75 per cent is organic, remains largely untapped. Organic MSW with higher calorific value given our national consumption of fatty oils and foods holds significant potential for conversion into biofuels, while non-recyclable fractions can be processed into biodiesel and SAF through technologies like hydro-processed esters and fatty acids (HEFA). Feedstocks such as used cooking oil (UCO), soap stock, and poultry feather acid oil can enable Pakistan to produce around 680,000 MT of SAF annually. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); This production could reduce carbon emissions by 70-80 per cent compared to conventional jet fuels. Beyond meeting domestic SAF requirements, Pakistan’s annual production capacity positions it to export significant quantities to regions with high demand, such as Europe and North America. Formalised waste collection systems, particularly in urban centres such as Karachi where an estimated 22,000 MT per day is generated, are crucial and offer another climate-linked investment opportunity on a PPP basis as there are use cases in other countries. Engaging informal waste pickers in structured recycling programmes can further enhance feedstock availability and encourage financial inclusion by incentivising them through rewards participation programmes as the estimated earnings for waste pickers in Karachi is over Rs100,000 per month. Results-based financing (RBF) can be used to reward waste processors for achieving recycling and energy production targets. Effective waste management systems in urban areas reduce environmental pollution, enhance resource recovery, and foster sustainable cities which are central to SDG11. Thus far there has only been one SAF project in Pakistan where two multilateral development banks have supported with patient capital the climate-linked project. New projects can attract funding by local investors and authorities linking up with the Global Environment Facility (GEF) which has provided grants and technical support for SAF R&D and pilot projects in developing countries including in India to support decarbonisation of the aviation sector. Another avenue Pakistani lenders and investors should explore is the Climate Investment Funds (CIF) which channels concessional finance to private investors in emerging markets primarily through its Clean Technology Fund to scale SAF production. Although the federal government introduced a biodiesel programme in 2008 targeting a 5.0 per cent biodiesel blend in diesel fuel by 2015 and a 10 per cent blend by 2025, it is not being promoted even after the Alternative and Renewable Energy (ARE) Policy of 2011 was developed to promote biofuels as part of the country's renewable energy. The ministries of energy and finance ought to design a specific framework which promotes and incentivises producers and investors as well as mandates via provincial departments the collection and recycling of organic and agricultural waste. Tax incentives for biofuel and SAF producers and SAF blending targets for the aviation industry will stimulate investment in this sector, as well as capital relief on risk-weighted assets deployed by domestic lenders to provide transition and climate-friendly development financing to biofuel facilities and refineries. To unlock this potential via the SIFC, which champions the successful ‘whole of government’ approach, opportunities must be created for sovereign wealth funds and institutional investors to invest and build infrastructure for WtB on a public-private partnership basis too. In May 2024 for instance, the UAE’s Mubadala Capital announced a $13.5 billion investment into Brazil through Acelen Renovaveis to produce up to 1 billion litres of biofuels/SAF annually with the US giant Honeywell which shall implement renewable fuels technology and begin moduled production by the end of 2026. The investment would be through a mix of equity and debt tranched into five modules, and each will consist of a new biorefinery with associated infrastructure and planted areas to grow the input crop with an output processing capacity of 20,000 barrels of fuel per day. Why should the UAE not invest so close to home with low freight charges when it has its SAF targets set to produce 700 million litres of SAF annually by 2030, accounting for at least 1.0 per cent of the total fuel supplied at its airports by 2031 where up to $9 billion of investment is required in SAF facilities and supporting value chains to meet these targets. A similar case can be made for the Saudis since the Public Investment Fund (PIF) has announced a target to achieve net-zero greenhouse gas emissions by 2050 and should be invited to assess alongside ARAMCO the potential to set up biofuels refineries in Pakistan using agricultural and municipal waste. Pakistan must not miss out on this climate-linked development finance opportunity. By adopting a multi-stakeholder partnership approach that aligns with SDG17 the private sector should lead, fueled primarily by viability gap funding (VCF) from state-owned banks and development finance institutions whose prime responsibility is to create economic growth avenues, and the government which facilitates the PPP model, Pakistan should enhance energy security while driving inclusive and export-oriented economic growth. (If you are interested in the dynamics and opportunities of the biofuel and waste management sectors, please contact the writer for a detailed white paper on ‘Creating a Sustainable Circular Economy in Waste Management’). Concluded The writer is a seasoned banker with 30 years of international expertise in global markets and developmentfinance. He can be reached at:1adnanpasha@gmail.com
In one of my earlier AI and coding articles, where I looked at how ChatGPT can rewrite and improve your existing code , one of the commenters, @pbug5612, had an interesting question: Who owns the resultant code? What if it contains business secrets - have you shared it all with Google or MS, etc.? It's a good question and one that doesn't have an easy answer. Over the past two weeks, I've reached out to attorneys and experts to try to get a definitive answer. Also: I've tested dozens of AI chatbots since ChatGPT's stunning debut. Here's my top pick There's a lot to unpack here, but a good starting point is the overall theme of this discussion. As attorney Collen Clark of law firm Schmidt & Clark states: Ultimately, until more definitive legal precedents are established, the legal implications of using AI-generated code remain complex and uncertain. That's not to say there is a shortage of opinions. In this article, I'll discuss the copyright implications of using ChatGPT to write your code. In a related article , I discuss issues of liability pertaining to AI-generated code. Who owns the code? Here's a probable scenario. You're working on an application. Most of that application is your direct work. You've defined the UI, crafted the business logic, and written most of the code. However, you've used ChatGPT to write a few modules and linked that resulting code into your app. Continue to Part 2: If you use AI-generated code, what's your liability exposure? Who owns the code written by ChatGPT? Does the inclusion of that code invalidate any ownership claims you have on the overall application? Attorney Richard Santalesa , a founding member of the SmartEdgeLaw Group based in Westport, Conn., focuses on technology transactions, data security, and intellectual property matters. He points out that there are issues of contract law as well as copyright law -- and they're treated differently. From a contractual point of view, Santalesa contends that most companies producing AI-generated code will, "as with all of their other IP, deem their provided materials -- including AI-generated code -- as their property." OpenAI (the company behind ChatGPT) does not claim ownership of generated content. According to their terms of service , "OpenAI hereby assigns to you all its right, title, and interest in and to Output." Also: AI is coming to a business near you. But let's sort these problems first Clearly, though, if you're creating an application that uses code written by an AI, you'll need to carefully investigate who owns (or claims to own) what. For a view of code ownership outside the US, ZDNET turned to Robert Piasentin , a Vancouver-based partner in the Technology Group at McMillan LLP, a Canadian business law firm. He says that ownership, as it pertains to AI-generated works, is still an "unsettled area of the law." That said, there has been work done to try to clarify the issue. In 2021, the Canadian agency ISED (Innovation, Science and Economic Development Canada) recommended three approaches to the question: Ownership belongs to the person who arranged for the work to be created. Ownership and copyright are only applicable to works produced by humans, and thus, the resultant code would not be eligible for copyright protection. A new "authorless" set of rights should be created for AI-generated works. Also: 92% of programmers are using AI tools, says GitHub developer survey Piasentin, who was also called to the bar in England and Wales, says: "Much like Canada, there is no English legislation that directly regulates the design, development, and use of AI systems. However, the UK is among the first countries in the world to expressly define who can be the author of a computer-generated work." "Under the UK Copyright Designs and Patents Act, with respect to computer-generated work, the author of the work is the person who undertook the arrangements necessary to create the work and is the first owner of any copyright in it," he explains. Piasenten says there may already be some UK case law precedent, based not on AI but on video game litigation. A case before the High Court (roughly analogous to the US Supreme Court) determined that images produced in a video game were the property of the game developer, not the player -- even though the player manipulated the game to produce a unique arrangement of game assets on the screen. Because the player had not "undertaken the necessary arrangements for the creation of those images," the court ruled in favor of the developer. Also: I've tested a lot of AI tools for work. These 4 actually help me get more done every day Ownership of AI-generated code may be similar in that, "the person who undertook the necessary arrangements for the AI-generated work -- that is, the developer of the generative AI -- may be the author of the work," Piasenten notes. That doesn't necessarily rule out the prompt-writer as the author. Notably, it also doesn't rule out the unspecified (and possibly unknowable) author who sourced the training data as an author of AI-generated code. Fundamentally, until there's a lot more case law, the issue is murky. What about copyright? Let's touch on the difference between ownership and copyright. Ownership is a practical power that determines who has control over the source code of a program and who has the authority to modify, distribute, and control the codebase. Copyright is a broader legal right granted to creators of original works, and is essential to controlling who can use or copy the work. If you look at litigation as something of a battle, Santalesa describes copyright as "one arrow in the legal quiver." The idea is that copyright claims provide an additional claim, "above and beyond any other claims, such as breach of contract, breach of confidentiality, misappropriation of IP rights, etc." He adds that the strength of the claim hinges on wilful infringement, which can be a challenge even to define when it comes to AI-based code. Also: How to use ChatGPT to write code Then there's the issue of what can qualify as a work of authorship -- in other words, something that can be copyrighted. According to the Compendium of the U.S. Copyright Office Practices , Third Edition, to qualify as "a work of 'authorship,' a work must be created by a human being...Works that do not satisfy this requirement are not copyrightable." Additionally, the Compendium notes that the U.S. Copyright Office "will not register works produced by nature, animals, or plants. Likewise, the Office cannot register a work purportedly created by divine or supernatural beings." While the Copyright Office doesn't specifically say whether AI-created work is copyrightable or not, it's probable that that block of code you had ChatGPT write for you isn't copyrightable. Also: 25 AI tips to boost your programming productivity with ChatGPT Piasenten says this applies in Canada, too. Provisions that point to "the life of the author" and the requirement that the author be a resident of a certain country imply a living human. Piasenten notes that, in CCH Canada Ltd. v Law Society of Upper Canada, the Supreme Court of Canada found that original work is derived from "an exercise of skill and judgment" and cannot be "purely mechanical exercise." Messy for coders Let's wrap up this part of our discussion with some thoughts from Sean O'Brien, lecturer in cybersecurity at Yale Law School and founder of the Yale Privacy Lab . Taking us from analogies and speculation to actual rulings, O'Brien points to some US Copyright Office actions on AI-generation. "The U.S. Copyright Office concluded this year that a graphic novel with images generated by the AI software, Midjourney, constituted a copyrightable work because the work as a whole contained significant contributions by a human author, such as human-authored text and layout," O'Brien says. "However, the isolated images themselves are not subject to copyright." If this ruling were applied to software, the overall application would be copyrighted, but the routines generated by the AI would not be subject to copyright. Among other things, this requires programmers to label what code is generated by an AI to be able to copyright the rest of the work. Also: The most popular programming languages in 2024 (and what that even means) There are also some messy licensing issues. O'Brian points out that ChatGPT "can't properly provide the copyright information, specifically refusing to place free and open source licenses, like the GNU General Public License, on code." Yet, he says: "It's already been proven that GPL'd code can be verbatim repeated by ChatGPT, creating a license infringement mess. Microsoft and GitHub continue to integrate such OpenAI-based systems into code authoring platforms used by millions, and that could muddy the waters beyond recognition." What does it all mean? We haven't even touched on liability and other legal issues, which you'll want to read about in Part II . There are some clear conclusions here, though. First, this is somewhat uncharted territory. Even the attorneys say there's not enough precedent to be sure what's what. I should point out that in my discussions with the various attorneys, they all strongly recommended seeking an attorney for advice on these matters, but in the same breath, acknowledged there wasn't enough case law for anyone to have more than a rough clue how it was all going to shake out. Second, it's likely the code written by an AI can't be owned or copyrighted in a way that provides legal protections. Also: Generative AI brings new risks to everyone. Here's how you can stay safe This opens a huge can of worms because unless code is rigorously documented, it will be very difficult to defend what is subject to copyright and what's not. Let's wrap this up with some more thoughts from Yale's O'Brien, who believes that ChatGPT and similar software are leaning on the concept of fair use. However, he says: There have been no conclusive decisions around this affirmation of fair use, and a 2022 class action called it "pure speculation" because no court has yet considered whether usage of AI training sets arising from public data constitutes fair use. Pure speculation. When considering whether you own and can copyright your code, you don't want a legal analysis to end with the words "pure speculation." And yet here we are. Continue to Part 2: If you use AI-generated code, what's your liability exposure? You can follow my day-to-day project updates on social media. Be sure to follow me on Twitter at @DavidGewirtz , on Facebook at Facebook.com/DavidGewirtz , on Instagram at Instagram.com/DavidGewirtz , and on YouTube at YouTube.com/DavidGewirtzTV . How to use ChatGPT to write Excel formulas How to use ChatGPT to write code ChatGPT vs. Bing Chat: Which AI chatbot should you use? How to use ChatGPT to build your resume How does ChatGPT work? How to get started using ChatGPT
The Prime Minister said the season was a time to remember the importance of “being there for one another”, including in “the more difficult times”. He also expressed hope for “peace, particularly in the Middle East as the birthplace of the Christmas story” amid spiralling conflict across the region. The message comes after a challenging first five months in office for the Labour Government and against the backdrop of a flatlining economy and rising inflation. Sir Keir said: “This Christmas, people will be travelling up and down the country. Heading home, visiting relatives and loved ones to celebrate together the hope and joy of this special season. “It’s a time to remind ourselves what’s really important. Family. Friendship. And fellowship between all people. “Being there for one another – in these celebrations, as well as the more difficult times.” To our military and veterans, the whole nation thanks you for the sacrifices you make to keep us safe. My government will serve you as you have served your country. I wish you and your families a very happy Christmas and a peaceful New Year. pic.twitter.com/LphMZog6np — Keir Starmer (@Keir_Starmer) December 22, 2024 The Prime Minister sought to strike an optimistic note following another year of political upheaval for Britain, which saw Labour win a landslide victory after a surprise election called by Rishi Sunak in the summer. After taking office in July, the new Government made a series of unpopular decisions as ministers confronted the realities of creaking public services and strained national finances. As well as dealing with the economic inheritance, Sir Keir said he needed to fix a “broken society” which manifested itself in summer riots across the country after the Southport knife attack. Sir Keir said: “This Christmas, I will be hoping for peace, particularly in the Middle East as the birthplace of the Christmas story. “I’ll be looking towards a better, brighter future for every person and celebrating the joy and wonder that Christmas brings. “So, from my family to yours, I hope you have a very merry Christmas.” The message comes after revised official figures released on Monday indicated that UK gross domestic product (GDP) showed no growth between July and September. Downing Street defended the Government’s record so far when asked about the data, telling reporters: “We had to take those tough decisions to lay the foundations of growth such that we can then deliver the higher living standards over this Parliament that people want to see.” The Prime Minister also used his message to thank those spending Christmas serving others, including in the NHS and emergency services, the armed forces, churches and charities. “I know that this is not an easy time for everyone, and my thoughts are with all those who are lonely this Christmas. “Having a tough time, missing a loved one. You are not alone,” he said. Meanwhile, Kemi Badenoch said Christmas was a time to reflect on “all that’s happened in the year” and “support all of those people who need our assistance”. “I want to take this opportunity to say thank you to everyone, not just in the Conservative Party or in my constituency, but across the country,” the Tory leader said. “For all that you have been doing in your communities, supporting each other and helping to keep all our towns, villages and places going. “I think that Christmas is a time for us to reflect on all that’s happened in the year. “Sometimes we have amazing years. “Sometimes, like when I lost my dad, we have difficult years and we’re commiserating, but we do it together. “But it’s a time for us to support all of those people who need our assistance, who need our help, who need our support.” She added: “And I’m looking forward to 2025. “I wish you all the very best for the New Year and all of the exciting things to come.” Liberal Democrat leader Sir Ed Davey said: “This year, I’ve had the chance to spend time with some amazing young carers. “Incredible young people who will spend this Christmas doing what they do all year round; looking after loved ones who are ill or disabled. “Carers embody the Christmas spirit of love, selflessness and generosity. “So I hope we can all take some time to think of them, and keep them in our hearts. “And wish them – and everyone – a Christmas full of peace, joy and love.”
‘We’re figuring out cool ways of storytelling’: how TikTok is changing the way we watch musicals
( MENAFN - Gulf Times) Registration for the "Al Daou" and "Al Talaa" championships, as part of the 16th edition of the Qatar International Falcons and Hunting Festival (Marmi 2025), will begin this evening at the headquarters of Al Gannas Qatari Society in Katara – the Cultural Village. The festival, held under the patronage of HE sheikh Joaan bin Hamad al-Thani and supported by the Social and Sports Activities Support Fund (Daam), is scheduled to take place from January 1 to February 1 at Sabkhat Marmi in the Sealine Area. Registration and inspection for the "Al Daou" and "Al Talaa" championships will continue until December 26. Online registration for these events is open until 11pm on December 25. Meanwhile, registration for the "Haddad Al Tahaddi" championship, which started Monday, continues until December 26. However, registration for the Saluki Race has officially closed. Haddad Al Tahaddi Committee chairman Shawqi al-Kaabi said that the second day of registration saw a high turnout, as expected, following strong participation on the first day. He stressed that registration for Haddad Al Tahaddi will continue until Thursday evening in Katara. “We saw registrations from competitors across the Gulf Co-operation Council (GCC) countries, which is a promising sign of an exciting competition ahead between falcons and homing pigeons on the field,” he said. "The registration witnessed significant and expected turnout for the various races, including the hybrid and Arabian categories,” said Ibrahim Khalil al-Tamimi, a member of the Saluki Race Committee. “We anticipate a thrilling race and wish all participants success,” he added.“The Saluki Race is a vital part of the Marmi Festival, attracting a dedicated audience due to its excitement, challenge, and entertainment." MENAFN23122024000067011011ID1109025650 Legal Disclaimer: MENAFN provides the information “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 provider above.
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Since their public break up in May, Ruth Langsford and Eamonn Holmes seem to have moved on smoothly. Ruth, 64, has had a glam makeover, while Eamonn has introduced his new girlfriend Katie Alexander . However, rumours surfaced that the GB News presenter was irked when Ruth jetted off to Australia to film I'm A Celebrity Unpacked. It was suggested that his annoyance stemmed from his past struggles to travel with the Loose Women star due to her fear of flying. But insiders close to Eamonn have dismissed these reports as "nonsense", insisting there are "no hard feelings." Speaking to MailOnline, a source said: "It's all nonsense. He's living his life and there are no hard feelings. He's never flown into a rage and it's just laughable that he would." On the show, Ruth looked stunning, wearing her hair up with the front section framing her face, reports the Mirror . Meanwhile, Eamonn and his partner Katie were seen at the TRIC Christmas Lunch at the Londoner Hotel earlier this week. Back in 2019, Eamonn joked that Ruth would soothe her pre-flight nerves with alcohol. This revelation was made during their time presenting This Morning . At the time, Eamonn said: "Ruthie does not like aeroplanes, that is not an easy task." Ruth opened up about her travel nerves , saying: "I'm not completely phobic, but a lot of people will be like that where they feel uncomfortable. For others it really does stand in their way of travelling." Eamonn cheekily revealed Ruth's coping mechanism: "Ruth has the perfect solution. She drinks to forget. She drinks before the flight, she drinks during the flight and she drinks after the flight. It helps her forget." To which Ruth laughingly retorted: "It's a little dutch courage. You're not doing my PR any good this morning, are you?" Earlier in the week, Ruth had expressed concerns over her appearance on the spin-off show, sharing images of the torrential rain with her social media followers. Over the weekend, she posted a video praising her glam squad as "miracle workers" for getting her camera-ready in just ten minutes amidst the jungle downpour. A source close to Ruth commented on her jungle worries, particularly about her hair, hinting at a potential new hairstyle due to the relentless rain wreaking havoc. Meanwhile, the I'm A Celebrity camp has been battling unprecedented weather conditions , with Ant McPartlin stating: "The rain has been really bad, it's probably the worst rain we've ever had doing this show. It was touch and go, we nearly didn't make it into the camp." Declan Donnelly shared a video of the heavy rain making it difficult for their vehicle to cross the bridge into the campsite.Mapfre, S.A. ( OTCMKTS:MPFRY – Get Free Report )’s stock price dropped 1.4% on Friday . The stock traded as low as $5.06 and last traded at $5.06. Approximately 2,901 shares were traded during trading, an increase of 60% from the average daily volume of 1,811 shares. The stock had previously closed at $5.13. Mapfre Trading Down 1.4 % The company has a fifty day moving average price of $5.43 and a two-hundred day moving average price of $5.07. Mapfre Cuts Dividend The firm also recently disclosed a dividend, which was paid on Monday, December 16th. Stockholders of record on Wednesday, November 27th were paid a dividend of $0.0861 per share. The ex-dividend date of this dividend was Wednesday, November 27th. Mapfre’s dividend payout ratio is 35.86%. Mapfre Company Profile Mapfre, SA engages in insurance, finance, securities, investment, and services business worldwide. The company offers life and non-life; health; accident; property and casualty protection comprising automobile and homeowner insurance, personal third-party liability and asset insurance, etc.; savings and investment; retirement; burial; travel; and leisure insurance solutions. Featured Articles Receive News & Ratings for Mapfre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mapfre and related companies with MarketBeat.com's FREE daily email newsletter .
McCormick & Co. Inc. stock falls Wednesday, underperforms marketBill Clinton admitted to US hospital with a fever
A video posted to social media by a Texas lieutenant in the Department of Public Safety shows a young girl at the U.S.-Mexico border standing alone. She has traveled from El Salvador, and holds just a Post-It note with a phone number on it. "How old are you?" a trooper asks. The girl holds up two fingers. A second video posted by the same lieutenant shows 60 migrant children who journeyed by themselves to the U.S. arriving in Eagle Pass, Texas. Another image shows an accused smuggler running across the border with a 5-year-old in his arms, reportedly paid to bring the girl to her mother already in the states. The Texas Department of Public Safety, under Republican Gov. Greg Abbott, openly supports President-elect Donald Trump's push to dramatically tighten immigration. Lt. Chris Olivarez began posting photos and videos of child migrants around the time Tom Homan, Trump's point-person on the border, visited Eagle Pass. "I guarantee some are in forced labor, some are in sex trades," Homan said. "We're going to save those children." RELATED STORY | Trump announces former acting ICE Director Tom Homan as new 'border czar' The arrival of unaccompanied minors is not a new phenomenon. Thousands have journeyed across the Mexican border each year, including during the first Trump term, according to a Scripps News review of data from the Department of Health and Human Services. The flow of unaccompanied minors, however, reached record highs during the first years of the Biden administration, as undocumented immigration soared. The numbers have fallen since 2022 but remain elevated today. The federal government tries to quickly place child migrants with a sponsor already in the country, usually a parent or other close family member. The sponsor pledges to care for the minor while ensuring they go through immigration proceedings. However, it is an approach that does not always work. RELATED STORY | Trump's mass deportation plan targets specific groups of immigrants A 2023 joint investigation by Scripps News and the Center for Public Integrity found many children end up disappearing from their sponsor homes. Thousands of unaccompanied minors run away, some winding up in dangerous illegal child labor jobs, or worse. "They've simply vanished into a dark underworld of sex and drug trafficking, forced labor, gang activity and crime," said Rep. Tom McClintock, R-California, during a November congressional hearing. McClintock and other Republicans say the Department of Health and Human Services is to blame for failing to properly vet sponsors. A 2023 report by a Florida grand jury obtained by Scripps News found some sponsor addresses were in fact empty lots or a strip club. One address listed 44 kids assigned to it. Health and Human Services Secretary Xavier Becerra says they are doing the best they can with a limited budget. "What we don't do is short-change the vetting process," Becerra said at a November hearing on Capitol Hill. "We make sure that we follow best practices in the child welfare field. "We do background checks on every individual," he added. RELATED STORY | The struggle to locate migrant children missing from US homes Just how many migrant children have disappeared from their sponsors is in dispute. Becerra says a frequently cited estimate of 85,000 missing kids is too high and doesn't account for many children who are safe but just not reachable by HHS officials who make three attempts to contact them. "They may be at school, they may be at a doctor's appointment, they may not have a phone working anymore," Becerra said. Homan and the rest of the Trump administration have not yet laid out what their policy will be for those children who make the perilous journey to the U.S. alone.GEELONG, Australia, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has reached an agreement with Orion Infrastructure Capital ("OIC") for a further US$25 million financing, which will be released in five tranches, each equal to US$5 million, subject to satisfying certain release conditions. In connection with the release of each of the five tranches of US$5 million, the Company will issue to OIC and the lenders under the US$60 million PIUS loan entered into in May 2023 ("Existing Noteholders"), penny warrants to purchase an aggregate number of shares equal to 5.0% of the Company's shares outstanding. The original US$110 million funding agreement with OIC included the US$70 million previously drawn and provided for up to US$40 million of additional funding by OIC, of which this US$25 million has now been secured. In connection with this further US$25 million, Existing Noteholders have also agreed to release up to US$2 million of existing loan reserves in five equal tranches of US$400,000 concurrent with the five OIC funding tranches. Following this combined US$27 million of additional funding, both OIC and the Existing Noteholders have also agreed to partial payment in kind, in lieu of cash, for certain interest payments. The first of these five funding tranches closed on Friday December 20, 2024. The incremental $25 million of capital, reserve release and changes to interest terms, are intended to support the ongoing liquidity of the business and fund the Company as it works to satisfy the demand from Carbon Revolution's OEM customers. The Company is making substantial investments in capacity and throughput and has a number of new programs entering, or expected to enter, production in the near-term. "OIC continues to be a great funding partner for Carbon Revolution, sharing our vision for our world-leading technology," said Jake Dingle, CEO of Carbon Revolution. "This capital supports the ongoing liquidity of the business and underpins the continued delivery of our production capacity increase and the near-term launch of a number of new OEM programs." "We are firm believers in Carbon Revolution and the transformative impact of their lightweighting value proposition," said Chris Leary, Investment Partner & Head of Infra Equity at OIC. "The progress made by the Company on its capacity investments and increasing the efficiency of its production, as the only company capable of producing carbon fiber wheels at scale, has further demonstrated the unparalleled value to automotive OEMs as they modernize their product portfolios." The terms and conditions of the financing are summarized in the Company's filing with the SEC, which can be accessed here . The Company continues to work diligently to file its Annual Report as promptly as practical to regain compliance with Nasdaq Listing Rule 5250(c)(1) as described here . About Carbon Revolution plc Carbon Revolution plc (Nasdaq: CREV) (the "Company" or "Carbon Revolution") is the parent of Carbon Revolution Pty Ltd, an early-stage growth company which has successfully innovated, commercialized and industrialized the advanced manufacture of carbon fiber wheels for the global automotive industry. The Company has progressed from single prototypes to designing and manufacturing lightweight wheels for cars and SUVs in the high performance, premium and luxury segments, for the world's most prestigious automotive brands. Carbon Revolution is creating a significant and sustainable advanced technology business that supplies its lightweight wheel technology to automotive manufacturers around the world. For more information, visit carbonrev.com . Forward-Looking Statements All statements other than statements of historical facts contained in this communication are forward-looking statements. Forward-looking statements may generally be identified by the use of words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," "potential," "seem," "seek," "future," "outlook," "target" or other similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the expectation of continued listing of Carbon Revolution's ordinary shares and warrants on Nasdaq, the Company's ability to file its Annual Report and promptly regain compliance with Nasdaq Listing Rule 5250(c)(1), the future financial performance, business strategies, financings and expectations for the Company's business. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Carbon Revolution's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from such assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Carbon Revolution. These forward-looking statements are subject to a number of risks and uncertainties, including (i) the ability to maintain the listing of Carbon Revolution's securities on Nasdaq or any other exchange on which such securities may be listed in the future; (ii) the failure to realize the benefits of being listed on a U.S. securities exchange and publicly-traded in the United States; (iii) Carbon Revolution's liquidity, including its ability to pay its obligations and to issue equity, refinance its indebtedness or otherwise obtain financing at all or on acceptable terms, (iv) risks related to its ability to meet financial covenants and other key covenants under existing financing arrangements or to obtain waivers or forbearance from compliance with such covenants, which could result in the acceleration of outstanding indebtedness, (v) changes in domestic and foreign business, market, financial, political and legal conditions; (vi) risks related to the rollout of Carbon Revolution's business strategy and the timing of expected business milestones; (vii) the effects of competition on Carbon Revolution's future business and the ability of the combined company to grow and manage growth, establish and maintain relationships with customers and retain its management and key employees; (viii) risks related to domestic and international political and macroeconomic uncertainty, including the Russia-Ukraine and conflicts in the Middle East; (ix) the outcome of any legal proceedings that may be instituted against Carbon Revolution; (x) the impact of pandemic and governmental responses on any of the foregoing risks; (xi) risks related to Carbon Revolution's industry; (xii) changes in laws and regulations; and (xiii) those factors discussed in the documents Carbon Revolution filed with the SEC, including the Shell Company Report on Form 20-F. If any of these risks materialize or Carbon Revolution's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Carbon Revolution does not presently know or that Carbon Revolution currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Carbon Revolution's expectations, plans or forecasts of future events and views as of the date of this communication. Carbon Revolution anticipates that subsequent events and developments will cause Carbon Revolution's assessments to change. However, while Carbon Revolution may elect to update these forward-looking statements at some point in the future, Carbon Revolution specifically disclaims any obligation to do so, unless required by applicable law. These forward-looking statements should not be relied upon as representing Carbon Revolution's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements. For further information, please contact: Investors [email protected] Media [email protected]
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