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Watch: Alex Salmond remembered at St Giles' memorialVYMI: Efficient Way To Diversify Outside Of The US
Paris St Germain boss Luis Enrique praised his side after their 3-0 win at Salzburg in the Champions League on Tuesday, but said they must improve if they want to stay in the competition. The Ligue 1 leaders endured a terrible start to their Champions League campaign, with defeats to Atletico Madrid, Bayern Munich and last season's Premier League runners-up Arsenal. However, Tuesday's win moved them into the playoff places and they now sit 24th in the standings with seven points from six games. Yet that is not enough for the coach. "Football is a pretty unfair sport, the classification is quite tight, a goal can make a difference and we still have two important games ahead, we can still be out," the manager said. "This wasn't a better game than PSV (Eindhoven) or Atletico Madrid, I'd even say it was worse, but that's football, we know we have to improve and the squad hasn't changed a lot. We need points, and we will try to win the next games." The manager did, however, praise the efforts of Nuno Mendes, who scored their second goal. "Nuno brings other solutions for his physical and technical qualities. He can both complete the triangle at the back and play up front. He's playing higher up at the moment. He brings a lot offensively. But that could change," the manager added. Luis Enrique will now turn his attention in the competition to the match against Pep Guardiola's Manchester City on Jan. 22, before they close their campaign against VfB Stuttgart seven days later. "We don't have the number of points we should have. It was important to score tonight because for one goal, you can be out of the Champions League. We have to go game by game, there's City now," he said.NEW YORK, Dec. 08, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Light & Wonder securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=29678 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. WHAT IS THIS ABOUT: On September 24, 2024, the Las Vegas Review-Journal published an article entitled “Slot manufacturer scores major win against Las Vegas-based rival.” It stated that “Aristocrat Technologies Inc.’s request for a preliminary injunction in its trade-secret and copyright infringement lawsuit against Light & Wonder” had been granted, and that the “order prohibits [Light & Wonder] from the ‘continued or planned sale, leasing, or other commercialization of Dragon Train,’ which Aristocrat claims uses intellectual property developed for its Dragon Link and Lightning Link games.” On this news, Light & Wonder common stock fell 19.49% on September 24, 2024. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
WASHINGTON (AP) — FBI Director Christopher Wray told bureau workers Wednesday that he plans to resign at the end of President Joe Biden's term in January, an announcement that came a week and a half after President-elect Donald Trump said he would nominate loyalist Kash Patel for the job. Wray said at a town hall meeting that he would be stepping down “after weeks of careful thought,” roughly three years short of the completion of a 10-year term during which he tried to keep the FBI out of politics even as the bureau found itself entangled in a string of explosive investigations, including two that led to separate indictments of Trump last year as well as inquiries into Biden and his son. “My goal is to keep the focus on our mission — the indispensable work you’re doing on behalf of the American people every day,” Wray told agency employees. “In my view, this is the best way to avoid dragging the bureau deeper into the fray, while reinforcing the values and principles that are so important to how we do our work.” The intended resignation was not unexpected considering that Trump had settled on Patel to be director and had repeatedly aired his ire at Wray, whom he appointed during his first term. But his departure is nonetheless a reflection of how Trump's norm-breaking style has reshaped Washington, with the president-elect yet again flouting tradition by moving to replace an FBI director well before his term was up and Wray resigning to avert a collision with the incoming administration. “It should go without saying, but I’ll say it anyway — this is not easy for me," Wray said. “I love this place, I love our mission, and I love our people — but my focus is, and always has been, on us and doing what’s right for the FBI.” Wray received a standing ovation following his remarks before a standing-room-only crowd at FBI headquarters and some in the audience cried, according to an FBI official who was not authorized to discuss the private gathering by name and spoke on condition of anonymity to The Associated Press. Trump applauded the news on social media, calling it “a great day for America as it will end the Weaponization of what has become known as the United States Department of Injustice" and saying that Patel's confirmation will begin “the process of Making the FBI Great Again.” If confirmed by the Senate, Patel would herald a radical leadership transformation at the nation's premier federal law enforcement agency. He has advocated shutting down the FBI's Washington headquarters and called for ridding the federal government of “conspirators," raising alarms that he might seek to wield the FBI's significant investigative powers as an instrument of retribution against Trump's perceived enemies. Patel said in a statement Wednesday that he was looking forward to "a smooth transition. I will be ready to serve the American people on day one.” It's extremely rare for FBI directors to be ousted from their jobs before the completion of their 10-year terms, a length meant to insulate the agency from the political influence of changing administrations. But Trump has done it twice, placing Wray in the job in 2017 after firing Director James Comey amid an investigation into ties between Russia and the Republican president’s campaign. Despite having appointed Wray, Trump had telegraphed his anger with the FBI director on multiple occasions throughout the years, including as recently as the past week. In an interview with NBC’s “Meet the Press” that aired Sunday, Trump said, “I can’t say I’m thrilled with him. He invaded my home,” a reference to the FBI search of his Florida property , Mar-a-Lago, two years ago for classified documents from Trump’s first term as president. That search, and the recovery of boxes of sensitive government records, paved the way for one of two federal indictments against Trump. The case, and another one charging him with plotting to overturn the 2020 election, have both been dismissed by the Justice Department special counsel that brought them in light of Trump's November victory. Attorney General Merrick Garland praised Wray for having “served our country honorably and with integrity for decades.” He said: “Under Director Wray’s principled leadership, the FBI has worked to fulfill the Justice Department’s mission to keep our country safe, protect civil rights, and uphold the rule of law.” Natalie Bara, the president of the FBI Agents Association, said in a statement that Wray had led the FBI “through challenging times with a steady focus on doing the work that keeps our country safe. ” Throughout his seven years on the job, the self-professed "low-key, understated" Wray brought a workmanlike approach to the job, repeatedly preaching a “keep calm and tackle hard” mantra to bureau personnel despite a steady drumbeat of attacks from Trump and his supporters. He also sought to avoid public conflict when possible with the Trump White House, distancing himself and his leadership team from the FBI's Russia investigation over errors that took place before he took office and announcing dozens of corrective actions meant to prevent the recurrence of the surveillance abuses that plagued the inquiry. But there were other instances when he memorably broke from Trump — he did not agree, for instance, with Trump’s characterization of the Russia investigation as a “witch hunt." He made known his displeasure when the White House blessed the declassification of materials related to the surveillance of a former Trump campaign aide and contradicted a Trump talking point by stating that Ukraine had not interfered in the 2016 election. He repeatedly sought to keep the focus on the FBI's day-to-day work, using the bulk of his resignation announcement to praise the bureau's efforts in countering everything from violent crime and cyberattacks to Chinese espionage and terrorism. Yet as he leaves office at a time of heightened threats , much of the public focus has been on the politically sensitive investigations of his tenure. Besides the inquiries into Trump, the FBI in recent years also investigated Biden's handling of classified information as well as Biden's son Hunter for tax and gun violations. Hunter Biden was pardoned by his father last week. A particular flashpoint came in August 2022, when FBI agents searched Mar-a-Lago — an action officials defended as necessary given the boxes of documents that were being concealed at the Palm Beach property and the evidence of obstruction that the Justice Department said had been gathered. Trump railed against the FBI over that search and has kept up his criticism ever since. Trump was angered by Wray's comment at a congressional hearing that there was “some question about whether or not it’s a bullet or shrapnel” that struck Trump's ear during an assassination attempt in Pennsylvania in July. The FBI later stated unequivocally that it was indeed a bullet. Before being named FBI director, Wray worked at a prestigious law firm, King & Spalding, where he represented former New Jersey Gov. Chris Christie during the “Bridgegate” scandal. He also led the Justice Department’s criminal division for a period during President George W. Bush’s administration.
The billing of London-born former Chelsea boss Hayes against England’s Dutch manager Sarina Wiegman – arguably the best two bosses in the women’s game – had generated more buzz in the build-up than the players on the pitch, despite it being a rare encounter between the two top-ranked sides in the world. Hayes enjoyed her return to familiar shores but felt the US lacked the “killer piece” after they looked the likelier side to make the breakthrough. Elite meeting of the minds 🌟 pic.twitter.com/R4d8EArqTp — U.S. Women's National Soccer Team (@USWNT) November 30, 2024 Asked what was going through her mind during the national anthem, Hayes said: “I was definitely mouthing (it), and Naomi (Girma) and Lynn (Williams) could see that I was struggling with where to be and all that. “I got to the end of the anthems and I thought, ‘that’s so ridiculous. I’m proud to be English and I’m proud of our national anthem, and I’m also really proud to coach America’. “Two things are possible all at once. I don’t want to fuel a nationalist debate around it. The realities are both countries are really dear to me for lots of reasons, and I’m really proud to represent both of them.” The Lionesses did not register a shot on target in the first half but grew into the game in the second. US captain Lindsey Horan had the ball in the net after the break but the flag was up, while Hayes’ side had a penalty award for a handball reversed after a VAR check determined substitute Yazmeen Ryan’s shot hit Alex Greenwood’s chest. Hayes, who left Chelsea after 12 trophy-packed years this summer, said: “I’ve been privileged to coach a lot of top-level games, including here, so there’s a familiarity to being here for me. “It’s not new to me, and because of that there was a whole sense of I’m coming back to a place I know. I have a really healthy perspective, and I want to have a really healthy perspective on my profession. “I give everything I possibly can for a team that I really, really enjoy coaching, and I thrive, not just under pressure, but I like these opportunities, I like being in these situations. They bring out the best in me. “You’ve got two top teams now, Sarina is an amazing coach, I thought it was a good tactical match-up, and I just enjoy coaching a high-level football match, to be honest with you. I don’t think too much about it.” Hayes had travelled to London without her entire Olympic gold medal-winning ‘Triple Espresso’ forward line of Trinity Rodman, Mallory Swanson and Sophia Smith, all nursing niggling injuries. Before the match, the 48-year-old was spotted chatting with Wiegman and her US men’s counterpart, fellow ex-Chelsea boss Mauricio Pochettino, who was also in attendance. England were also missing a number of key attackers for the friendly including Lauren Hemp, Lauren James and Ella Toone, all ruled out with injury. "This shows where we are at and we need to keep improving. It is November now. This is good but we want to be better again. We have to be better again." 👊 Reaction from the boss ⬇️ — Lionesses (@Lionesses) November 30, 2024 Wiegman brushed aside suggestions from some pundits that her side were content to settle for a draw. She said: “I think we were really defending as a team, very strong. We got momentum in the second half, we did better, and of course both teams went for the win. “So many things happened in this game, also in front of the goal, so I don’t think it was boring. “We wanted to go for the win, but it was such a high-intensity game, you have to deal with a very good opponent, so you can’t just say, ‘Now we’re going to go and score that goal’. “We tried, of course, to do that. We didn’t slow down to keep it 0-0. I think that was just how the game went.”
Racing Optics® Introduces Game-Changing Twilight Tearoff to Enhance Visibility in Low-Light Racing ConditionsThree ways to cut down on Christmas costs with DIY greeting cardsLOVE Island star Tasha Ghouri faced a tough night on Strictly Come Dancing as the judges delivered brutal feedback following a blunder. Tasha landed in the dance-off last week, and tonight her semi-final Salsa routine failed to impress the judges. The reality TV beauty, 25, delivered a high-energy performance to Girls Aloud’s hit Something New, but left the judges wincing. The star, who has wowed audiences with her moves all season, appeared visibly upset after the routine didn’t go as planned. Judge and former pro Anton Du Beke didn’t hold back, telling her: "It's got to be absolutely seamless, and it wasn't. "There were transitions there that were a bit stumbly. We are talking about the semi-final here" while head judge Shirley Ballas added: "There was a tiny thing, your transitions in your lift." READ MORE ON STRICTLY Craig Revel Horwood added: "You need to dance out of every transition smoothly and out of it. That didn't really happen tonight." Motsi Mabusetold her: "That beginning was insane, out of this world. I understand what the other judges are talking about but we are talking about levels of lifts here." Viewers took to social media to defend the star, with many praising her dance. Tasha's semi-final opener won her 35 points. Most read in TV She managed to pull it back for her second dance, and was awarded a perfect score for her waltz to Aretha Franklin's romantic ballad You Make Me Feel Like A Natural Woman. However, after finding herself in the dreaded dance-off last week some were worried it wouldn't be enough. They also accused the judges of picking holes in her performance while awarding high scores for her fellow contestants. One fan tweeted: "Worried though since her Salsa got no 10’s... just hoping if she’s in the dance-off it’s against Pete rather than JB (won’t be Chris or Sarah). PLEASE VOTE FOR TASHA!" Another said: "I’m still mad about Tasha’s salsa score because worse dances this season has got 10s, but you’re telling me that didnt... do me a favour." A third said: "If Tasha’s salsa was a 9, Chris’ Charleston was a 6, blind or not it doesn’t matter, they’re all judged equally (apparently)." Tasha will now rely on the public vote to secure her place in the grand finale.
Each week, “Flying Horse” features dozens of Central Illinois children’s thoughts and drawings on various topics. This week: Christmas/favorite holiday White Christmas: I like a white Christmas. It is the best because you can play outside and build a snowman. Andrea Gavilan Grade 3, Cedar Ridge Easter: I love Easter. I love celebrating Jesus rising from the dead and died on the cross for our sin. I like going to church on Easter, too. I like eating dinner with my family. Wyatt Moore Grade 4, Centennial Favorite holiday: My favorite holiday is Christmas because it is Jesus’ birthday, and we all sing Christmas carols. Lane Fogle Grade 2, Corpus Christi Christmas: One of the reasons I like Christmas is that Santa brings me presents. This year, I hope Santa will bring me a baby doll. Grace Bussan Kindergarten, Epiphany Thanksgiving: My favorite holiday is Thanksgiving because we spend time with everyone. I like holidays. Valentine’s Day is when you hang out with friends and family. Christmas is when you get gifts. Breyana Washington Grade 1, Epiphany Christmas Eve: On Christmas Eve we get ready for Santa. We make cookies with frosting and sprinkles. We also get a glass of milk ready with cookies. When I get up, I am so excited for Christmas Day. I love getting ready for Christmas. Zelie Rayburn Grade 3, Epiphany Halloween: My favorite holiday is Halloween because Halloween is the only holiday where you can get free candy and dress up in costumes all night. Looking at the houses are fun, too. Taniylah Allen Grade 4, Fairview Decorating: I get to decorate the tree with my family. We get to watch Christmas movies, and if I am lucky I and my family can watch Christmas movies during dinner. Finally, on Christmas Eve we get to do a Christmas exchange in a way. My family comes over and we get to open presents with each other. Avery Mankey Grade 5, Fairview Christmas: My favorite holiday is Christmas because we get all the presents for our family. Another reason is because Santa eats milk and cookies. One more reason is because we get to celebrate the baby Jesus’ birth. Rishika Mundla Grade 2, Glenn Two holidays: My favorite holidays are Christmas and Halloween because Santa sometimes brings stuff that you want and on Halloween, if you want, you can say "Trick or treat!" Hazel Langeni Grade 1, Grove Holi festival: My favorite holiday is Holi. Holi is my favorite because Holi is a festival of colors. We can throw colorful powder on people. Preetam Sannapureddy Grade 3, Grove Best Christmas ever: One Christmas morning I heard my parents downstairs, so I came down. Then I found my stocking full and so many presents under the tree. That was the best Christmas ever. Avery J. Henson Grade 4, Grove A dream: I like decorating the tree. I like drinking hot tea. I like getting and giving gifts. I never throw them off cliffs! Spending time with family is what I love. Christmas is what I dream of! Dean Fish Grade 2, home school Snow: My favorite holiday is Christmas because I have snow at my house, and I go in the snow. I will throw the snowballs at my mom. I make a snow angel with my mom and dad. I make a snowman with my brothers. Jackson Mueller Grade 2, Jefferson Park Family: My favorite holiday is definitely Christmas. My favorite part of Christmas is giving other people cool gifts, being with my family, and the best part is that my birthday is three days before it. We usually go to Oklahoma, but sometimes they come to Bloomington. I also love to cook the cookies and get the carrots and milk ready the night before. Claire Ramsey Grade 2, Northpoint Gifts: My favorite thing about Christmas is giving presents and receiving presents. I also enjoy having fun. Layton Nguyen Grade 5, Northpoint Give thanks: My favorite holiday is Thanksgiving because I get to see my whole family. My birthday is the day after Thanksgiving, too. Blakely Ashley Harper Grade 2, Parkside V-Day: I love Valentine’s Day. You get special cards. You get fun bags from your friends. Valentine’s Day means love and kindness. I like the parties at school we have. We get to play the day of. Valentine’s Day never ends. Dawson Curtis Grade 1, Prairieland Fourth of July : My favorite holiday is July Fourth. I can meet my cousins. Their names are Ryan and Michell and Melody. I got a tank firework and another one that shot out little bits. We also got cherry pop. It shot out beautiful red spirals. It was so beautiful. Jack Dong Grade 3, Prairieland Christmas Eve: I have the perfect family traditions on Christmas Eve. First, I go to my cousin's house and play in their big basement. After that, I visit with family members who I haven't talked to in a while. Next, we eat food and treats that everyone pitches in to make. Lastly, we gather around the fire and Christmas tree and open presents. Brayden Kleckner Grade 5, Prairieland Costumes: My favorite holiday is Halloween. We get to dress up as funny people. In December we get presents. We get to celebrate with family. Davion Hosea Grade 3, Sheridan Many holidays: New Years Eve, Fourth of July, Christmas and Advent, Thanksgiving, Saint Patrick’s Day, Halloween, and Veterans Day. Zariah Thomas Grade 2, Stevenson Joy: My favorite holiday is Christmas. I love it because it is a day filled with joy. Faye Dudley Grade 1, Sugar Creek Eat food: My favorite holiday is Thanksgiving because you get to eat mashed potatoes and meat and having fun. You can also meet people and friends. It’s so much fun. Oliver Tripp Heimer Grade 2, Washington Christmas Day: On Christmas we open presents and after we open presents, we go to my grandma’s house. We stay the night for about 2-3 nights. Ryker Meisner Grade 4, Washington Candy: Halloween is one of my favorite holidays because our house is always like Halloween inside because I get a lot of candy. When I get home from trick-or-treating, my siblings and I like to do a thing called candy trading. Once we are done, we eat some candy and then go to bed. Brooklyn Znider Grade 5, Washington I like Christmas because I get to see family members that I don’t see often. My family and I decorate the tree. My mom makes delicious food. Ashley Samayoa Grade 3, Cedar Ridge Grandma's house: Here are some reasons Christmas at my grandma’s house is so special. One is my grandma, my aunt and my mom make delicious food. Two, we get presents from my grandma, grandpa and aunt and uncle. Azro Yackley Grade 4, Centennial Toys: I like Christmas. It’s my favorite holiday because I get presents. And we don’t have school on Christmas. I get tons of toys. George Gammelgard Grade 2, Corpus Christi Catholic holidays: All my favorite holidays are the three main ones. I love three main holidays because two of them are Catholic and one of them is saying what you are thankful for. I love Christmas because of all the joy. Caroline Herr Grade 1, Epiphany Wake up early: When it is Christmas, I wake up at 1:00 in the morning and I open my presents. When I’m down the stairs it is super dark, so I turn on the light. I also turn on my fireplace. Philip Ortega Grade 3, Epiphany Yummy food: Mine is Thanksgiving. First you get to say thanks to your friends and family. Next, you can eat lots of delicious food. Lastly, you can play games after you eat. I love Thanksgiving! Jazariah Conner Grade 4, Fairview Holiday travel: First, one thing about my favorite holiday is that we get to decorate around the house, and it is really fun doing that. Next, another thing about my favorite holiday is that we get to go to Ecuador during that time, so we can celebrate with my family, but sadly, we don’t get to go this year. Shannon Alomoto Casco Grade 5, Fairview Diwali: For Christmas I want a hoverboard. The reason is because I used to have one, so I know how to ride it. My sister and I can ride on it. My favorite holiday is Diwali. I like it because we get to shoot fireworks. It’s an Indian festival, the festival of lights. Adhrit Sinha Grade 2, Glenn My birthday: My favorite holiday is Easter because my birthday is around that day. Lucy Ersland Grade 1, Grove Hanukkah, Christmas, Kwanzaa and New Year's Day are some of the holidays that make the next few weeks special. Publication dates : Dec. 8, 15, 22 Be the first to know Get local news delivered to your inbox!With grid connectivity and efficient power transmission as integral to the energy targets set as the power generation, the transmission and distribution (T&D) sector has been in the spotlight for somewhile now. With tenders bid and orders won at a more frequent pace, KEC International, a diversified yet prominent EPC player in this space, has been riding this structural trend. The shares of the company have risen around 93 per cent in the last one year and 338 per cent in the last five years, while BSE Power has returned a lower 33 per cent and 311 per cent during the same periods respectively. At bl.portfolio , we had recommended investors to HOLD on to KEC International on June 3, 2023, when the company was trading at a one-year forward PE of 21 times, considering the strong business prospects and margins bottoming out, even though supply chain challenges persisted. Since then, margins have gradually recovered and structural tailwinds aiding the overall sector continue to provide a long runway for growth. But supply chain challenges have continued, and more importantly, the valuations have run up far ahead before the thesis fully played out, resulting in one-year forward PE and trailing twelve-month (TTM) PE currently at an elevated 45 times and 74 times respectively. For comparison, Kalpataru Projects International, the closest listed peer, is currently trading at one-year forward PE and TTM PE of 27 times and 40 times respectively. Investors could consider locking in on the gains partially and take some chips off the table, considering the sharp rally of 58 per cent in the last six months. This is a valuation call. KEC International, part of the RP Goenka Group, is a diversified EPC player, executing projects across 30+ geographies, in segments such as transmission and distribution (T&D), civil, railways, cables, oil and gas, and solar. T&D is the company’s mainstay, contributing to around 50 per cent of its topline. KEC offers comprehensive solutions in this space, encompassing the design, manufacturing, supply, installation and commissioning of transmission lines, substations and underground cabling in both domestic and international markets. It is one of the recognised contractors of Power Grid Corporation, India’s leading power transmission player. Civil projects undertaken by KEC is diversified across water infrastructure, water treatment and it is also a construction partner for building warehouses, factories, buildings, data centres, while railways include various signalling, station construction, amongst others. The company is also involved in the implementation of KAVACH via a joint venture. Laying of pipelines for the oil and gas sector is another segment, while the company is also into EPC of solar power projects. The non-T&D businesses account for the remaining 50 per cent. EBITDA margins for T&D is around low double-digits, while for Non-T&D projects, it has been around 5 per cent. SAE Tower Holdings LLC, an acquisition made in 2011, to geographically expand in the US (now present in Brazil and Mexico too), which dropped into losses from FY21, was back in the black in FY24. This was a causal factor behind the dip in EBITDA margins, from around 11 per cent between FY17 and FY20 to 4.8 per cent in FY23, before recovering to around 6.6 per cent in FY24. Revenue growth and EBITDA margins were guided at 15 per cent and 7.5 per cent respectively for FY25. Order intake, on the other hand, was guided for ₹25,000 crore, which, if met, would be the highest ever for the company. As of H1 FY25, the company’s revenue stood at ₹9,625 crore growing 10 per cent year on year – tepid, but impacted due to external factors. If not for manpower shortage (sustained from previous FY), delays due to heavy rainfalls in Gujarat and Rajasthan, where bulk of the T&D projects are under execution, and deliberate slowdown of water EPC projects due to payments issues with customer, H1 FY25 would have been stronger. Manpower shortage has been a widespread concern noted by most of the EPC players. EBITDA margin was at 6.4 per cent for H1 – 50-basis point year-on-year improvement. H2 FY25 is expected to be better on account of higher margin projects getting executed. EBITDA margins have been recovering steadily and this is the sixth consecutive quarter with year-on-year improvement. With old orders with lower margins expected to be executed and closed out this year and contribution from T&D segment continuing to rise, EBITDA margins are expected to inch up towards 9-10 per cent for FY26. Revenue contribution from T&D has been consistently on the rise with the same improving from 50 per cent in FY22 and FY23 to 53 per cent in FY24 to 55 per cent in H1 FY25. Order intake YTD as of October 2024 stood at around ₹13,482 crore – growth of 50 per cent year on year and this is apart from L1-s (lowest bidder, meaning the company is the lowest bidder in the tender process, but the order is yet to be awarded) of ₹8,500 crore, providing good revenue visibility. It is largely in line with the guidance and with H2 generally better than H1 in this industry, the management is confident of walking the talk. Orderbook is also at a high of ₹34,088 crore. T&D segment’s contribution to the orderbook, similar to the trend in revenue, has increased from 47 per cent in FY23 to 55 per cent in H1 FY24, in line with the increased frequency of tendering in this space. The management has said that they are reasonably hedged against commodity price hikes and that any volatility shouldn’t affect them materially. KEC is selective in its new projects, with emphasis on margin profile, working capital cycle, counterparty risk, execution risk and projects with front-ended cash flows and shorter execution timeframe. So, order intake in the railways, civil, oil and gas, and solar segment is expected to be constrained. In September this year, KEC concluded a fund raiser by way of QIP to the tune of ₹870 crore, issuing shares at a price of ₹955. The funds raised via the QIP will be used by KEC to repay debt, strengthening its balance sheet. This will help reduce interest costs, which has been hovering at 3-3.5 per cent of revenue since FY23 to 2.5 per cent for FY25. KEC has also planned for business realignment by transferring its cable business on slump sale to a newly-incorporated subsidiary for this purpose, to focus on that segment of the business. The management expects to grow at a brisk pace with recent investments in electron beam (e-beam) and elastomeric technology for high performance and specialty cables like green cables (eco-friendly) and EV charging cables. This realignment takes effect from January 1, 2025. The commissioning of its aluminium conductor manufacturing plant in Vadodara, which was scheduled for Q2, has been pushed to Q3 FY25. The aluminium conductors are used in power transmission and are efficient in it with lower transmission losses. This investment will help in backward integration. Comments
Pentair PLC stock underperforms Monday when compared to competitors despite daily gains
DAMASCUS, Syria (AP) — Ousted Syrian leader Bashar Assad fled to Moscow and received asylum from his longtime ally, Russian media said Sunday, hours after a stunning rebel advance seized control of Damascus and ended his family’s 50 years of iron rule . Thousands of Syrians poured into streets echoing with celebratory gunfire and waved the revolutionary flag in scenes that recalled the early days of the Arab Spring uprising, before a brutal crackdown and the rise of an insurgency plunged the country into a nearly 14-year civil war. The swiftly moving events raised questions about the future of the country and the wider region. “Our approach has shifted the balance of power in the Middle East," President Joe Biden said , crediting action by the U.S. and its allies for weakening Syria’s backers — Russia, Iran and Hezbollah. He called the fall of Assad a “fundamental act of justice” but also a “moment of risk and uncertainty,” and said rebel groups are “saying the right things now” but the U.S. would assess their actions. Russia requested an emergency session of the U.N. Security Council to discuss Syria, according to Dmitry Polyansky, its deputy ambassador to the U.N., in a post on Telegram. The arrival of Assad and his family in Moscow was reported by Russian agencies Tass and RIA, citing an unidentified source at the Kremlin. A spokesman there didn't immediately respond to questions. RIA also said Syrian insurgents had guaranteed the security of Russian military bases and diplomatic posts in Syria. Earlier, Russia said Assad left Syria after negotiations with rebel groups and that he had given instructions to transfer power peacefully. The leader of Syria's biggest rebel faction, Abu Mohammed al-Golani , is poised to chart the country’s future. The former al-Qaida commander cut ties with the group years ago and says he embraces pluralism and religious tolerance. His Hayat Tahrir al-Sham group, or HTS, is considered a terrorist organization by the U.S. and the U.N. In his first public appearance since fighters entered the Damascus suburbs Saturday, al-Golani visited the Umayyad Mosque and described Assad's fall as “a victory to the Islamic nation.” Calling himself by his given name, Ahmad al-Sharaa, and not his nom de guerre, he said Assad had made Syria “a farm for Iran’s greed.” The rebels face the daunting task of healing bitter divisions in a country ravaged by war and split among armed factions. Turkey-backed opposition fighters are battling U.S.-allied Kurdish forces in the north, and the Islamic State group is still active in remote areas. Syrian state television broadcast a rebel statement saying Assad had been overthrown and all prisoners had been released. They urged people to preserve the institutions of “the free Syrian state,” and announced a curfew in Damascus from 4 p.m. to 5 a.m. An online video purported to show rebels freeing dozens of women at the notorious Saydnaya prison, where rights groups say thousands were tortured and killed . At least one small child was seen among them. “This happiness will not be completed until I can see my son out of prison and know where is he,” said one relative, Bassam Masr. "I have been searching for him for two hours. He has been detained for 13 years.” Rebel commander Anas Salkhadi appeared on state TV and sought to reassure religious and ethnic minorities, saying: “Syria is for everyone, no exceptions. Syria is for Druze, Sunnis, Alawites, and all sects.” “We will not deal with people the way the Assad family did," he added. Damascus residents prayed in mosques and celebrated in squares, calling, “God is great.” People chanted anti-Assad slogans and honked car horns. Teenage boys picked up weapons apparently discarded by security forces and fired into the air. Soldiers and police fled their posts and looters broke into the Defense Ministry. Families wandered the presidential palace, walking by damaged portraits of Assad. Other parts of the capital were empty and shops were closed. “It’s like a dream. I need someone to wake me up," said opposition fighter Abu Laith, adding the rebels were welcomed in Damascus with “love.” Rebels stood guard at the Justice Ministry, where Judge Khitam Haddad said he and colleagues were protecting documents. Outside, residents sought information about relatives who disappeared under Assad. The rebels “have felt the pain of the people,” said one woman, giving only her first name, Heba. She worried about possible revenge killings by the rebels, many of whom appeared to be underage. Syria’s historically pro-government newspaper al-Watan called it “a new page for Syria. We thank God for not shedding more blood.” It added that media workers should not be blamed for publishing past government statements ordered from above. A statement from the Alawite sect that formed the core of Assad's base called on young Syrians to be “calm, rational and prudent and not to be dragged into what tears apart the unity of our country.” The rebels mainly come from the Sunni Muslim majority in Syria, which also has sizable Druze, Christian and Kurdish communities. In Qamishli in the northeast, a Kurdish man slapped a statue of the late leader Hafez Assad with his shoe. The rebel advances since Nov. 27 were the largest in recent years, and saw the cities of Aleppo, Hama and Homs fall within days as the Syrian army melted away. The road to Damascus from the Lebanese border was littered with military uniforms and charred armored vehicles. Russia, Iran and Hezbollah, which provided crucial support to Assad, abandoned him as they reeled from other conflicts. The end of Assad’s rule was a major blow to Iran and its proxies, already weakened by conflict with Israel . Iran said Syrians should decide their future “without destructive, coercive, foreign intervention.” The Iranian Embassy in Damascus was ransacked after apparently having been abandoned. Hossein Akbari, Iran’s ambassador to Syria, said it was “effectively impossible” to help the Syrian government after it admitted the insurgents' military superiority. Speaking on Iranian state media from an undisclosed location, he said Syria's government decided Saturday night to hand over power peacefully. “When the army and the people could not resist, it was a good decision to let go to prevent bloodshed and destruction,” Akbari said, adding that some of his colleagues left Syria before sunrise. Iran’s Foreign Minister Abbas Araghchi, speaking on state TV, said there were concerns about the “possibility of civil war, disintegration of Syria, total collapse and turning Syria into a shelter for terrorists.” Syrian Prime Minister Mohammed Ghazi Jalali has said the government was ready to “extend its hand” to the opposition and turn its functions over to a transitional government. A video on Syrian opposition media showed armed men escorting him from his office to a hotel. The U.N.’s special envoy for Syria, Geir Pedersen, has called for urgent talks in Geneva to ensure an “orderly political transition.” The Gulf nation of Qatar, a key regional mediator, hosted an emergency meeting of foreign ministers and top officials from eight countries with interests in Syria late Saturday, including Iran, Saudi Arabia, Russia and Turkey. Majed al-Ansari, Qatar’s Foreign Ministry spokesman, said they agreed on the need “to engage all parties on the ground," including the HTS, and that the main concern is “stability and safe transition.” Meanwhile, Prime Minister Benjamin Netanyahu said Israeli troops had seized a buffer zone in the Golan Heights established in 1974, saying it was to protect Israeli residents after Syrian troops abandoned positions. Israel’s military later warned residents of five southern Syria communities to stay home for their safety, and didn’t respond to questions. Israel captured the Golan in the 1967 Mideast war and later annexed it. The international community, except for the U.S., views it as occupied, and the Arab League on Sunday condemned what it called Israel’s efforts to take advantage of Assad’s downfall to occupy more territory. Sewell reported from Beirut. Associated Press writers Bassem Mroue, Kareem Chehayeb in Beirut; Samar Kassaballi, Omar Sanadiki and Ghaith Alsayed in Damascus; Jon Gambrell in Manama, Bahrain; Josef Federman in Doha, Qatar; and Tia Goldenberg in Jerusalem, contributed.
Romania's far-right candidate Calin Georgescu on Saturday urged voters to go to polling stations despite the country's top court having scrapped the presidential elections over alleged irregularities amid claims of Russian interference. The court's shock ruling, coming just before the presidential run-off which had been due Sunday, opens the way for a new electoral process starting from scratch in the EU and NATO member state bordering war-torn Ukraine. The annulment follows a spate of intelligence documents declassified by the presidency this week detailing allegations against Georgescu and Russia, including claims of "massive" social media promotion and cyberattacks. Georgescu -- who unexpectedly topped last month's first round of voting -- called for voters on Sunday "to wait to be welcomed, to wait for democracy to win through their power", said a statement from his team. "Mr. Calin Georgescu believes that voting is an earned right," said the statement. "That is why he believes that Romanians have the right to be in front of the polling stations tomorrow." Georgescu himself would go to a polling station near Bucharest at 0600 GMT, said his team. Earlier Saturday, police raided three houses in Brasov city in central Romania as part of the investigation "in connection with crimes of voter corruption, money laundering, computer forgery". Among the houses searched was that of businessman Bogdan Peschir, a TikTok user who according to the declassified documents allegedly paid $381,000 to those involved in the promotion of Georgescu, Romanian media reported. Peschir has compared his support for Georgescu to the world's richest man Elon Musk's backing of US president-elect Donald Trump. Little-known outsider Georgescu, a 62-year-old former senior civil servant, was favourite to win the second round on Sunday against centrist pro-EU mayor Elena Lasconi, 52, according to several polls. But the constitutional court on Friday unanimously decided to annul the entire electoral process as it was "marred... by multiple irregularities and violations of electoral legislation". President Klaus Iohannis said on Saturday that he had discussed with European Commission chief Ursula von der Leyen, and they agreed on the "need to strengthen the security of social media". The European Commission announced earlier this week that it had stepped up monitoring TikTok after Romania's authorities alleged "preferential treatment" of Georgescu on the platform -- a claim the company has denied. Following the court's decision, the United States said it had faith in Romania's institutions and called for a "peaceful democratic process". Trump's eldest son, Donald Trump Jr., on X branded the vote's cancellation an "attempt at rigging the outcome" and "denying the will of the people". Georgescu called it "a formalised coup d'etat" and said democracy was "under attack". His team on Saturday declined to comment on the raids, saying they "will not comment or provide answers until we have exact data". Georgescu and another far-right party, the AUR, have said they plan to appeal the decision to stop the voting to the High Court of Cassation and Justice. A past admirer of Russian President Vladimir Putin, Georgescu, an EU and NATO sceptic, in recent days had reframed himself as "ultra pro-Trump," vowing to put Romania "on the world map" and cut aid for neighbouring Ukraine. In an interview with US broadcaster Sky News on Saturday, Georgescu said there were no links between him and Russia. Political scientist Costin Ciobanu told AFP that the annulment has "further polarised Romanian society". With trust in institutions and the ruling class already low, the vote's cancellation poses a "major danger that Romanians will think that it doesn't matter how they vote", Ciobanu added. Elsewhere in the EU, Austria annulled presidential elections in 2016 because of procedural irregularities. In Romania, a new government is expected to set another date for the presidential vote. In last weekend's legislative elections, the ruling Social Democrats came top. But far-right parties made big gains, securing an unprecedented third of the ballots on mounting anger over soaring inflation and fears over Russia's war in Ukraine. In a joint appeal on Wednesday, the Social Democrats and three other pro-EU parties -- together making up an absolute majority in parliament -- signed an agreement to form a coalition, promising "stability". bur-jza/jjda-kuk/E+ via Getty Images Co-authored by Treading Softly. "The night is darkest just before the dawn" – Harvey Dent. 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Top 25 Global Entrepreneurs To Watch In 2025, Revolutionary Platform Merges AI With Multi-Channel Media ReachThe cooler temperatures are a welcome relief to many runners after an extremely hot (and sometimes humid) summer. Related video above — Rossen Reports: These winter warming appliances could put you in danger But if you’re new to running in lower temps, that means dressing differently for your run, which can get tricky. So, what should you wear running in 30-degree weather or below? Follow this guide for everything you need to know about running in the cold. From what to expect when it gets cool to how to layer up properly for various conditions, here’s how to avoid the treadmill (if that’s your goal!) and crush your outdoor runs all winter long. No, as long as you dress for the weather. When dressing to run in the cold , remember that once you get moving, your body heats up fast, which could result in overheating if you’re bundled up. Layering properly will help regulate your body temperature and keep the risk of cold-related illnesses like hypothermia at bay. The opposite is also true: Once you stop running, you will cool down very quickly, so be prepared to get out of those wet clothes immediately upon finishing your run. If you’re not finishing right at your house where you can hop into a warm shower ASAP, it’s always wise to bring a change of dry clothes to put on as soon as you finish your run or to jump into a warm shower if readily available. If you are wondering what to wear in chilly conditions, dressing in layers is the key to running comfortably all winter. You can start the run feeling warm, then easily shed the layers as your body warms up and you need less clothing. Simply tie unneeded layers such as jackets or long-sleeved shirts around your waist and keep running once you’re warm, or plan a loop run so you can drop them off in a safe spot—like your car—when you don’t need them. Remember to put your base layer on the bottom so as you strip layers off, the correct layer is underneath. When stocking up for the winter season, here are a few essentials you should fill your drawers with: When dressing to run in cold weather that’s in the area of below 30 degrees Fahrenheit, the rule of thumb is to add 10 to 20 degrees to the outside temperature to calculate your running temperature. Keep in mind that this number is dependent upon how quickly you heat up and cool down, run pace , and the length of your run. So if you are going out for a short run, an easy-paced run, or you get cold easily, add 10 to 15 degrees to the outside temperature to estimate your running temperature. If you are going for a long run , doing a hard workout , or getting warm easily, add 20 degrees to the outside temp. For example, if the thermometer says it’s 40 degrees outside, it’ll feel more like 50 to 60 degrees when running. But you should also consider the windchill factor. When winds are present, look at the “feels like” temperature to determine what to wear. For example, if the outside temp is 40 degrees, but the real feel is reported to be 30 degrees because of the wind chill, you’ll want to add 10 to 20 degrees to the lower temp. When planning your run on windy , cold days, try to run into the wind on your way out and have the wind at your back on your return. It’s best to avoid running into the wind when you are wet and sweaty because you will chill very quickly. And finally, you want to focus on the smaller extremities such as your ears, hands, and feet. These areas are farther away from your heart , which means it takes more effort to get the blood flowing there, especially when all the blood is being directed to your larger muscles to power your run. Warm gloves, socks, and hats or ear covers are essential, even when you can go with a short-sleeved shirt or shorts on some chill days. Still wondering what you should wear? You can use our clever What to Wear tool , or use this quick guide. When temperatures dip below freezing, be sure to pay attention to local weather information and warnings. Cold temperatures and dry air can aggravate some health conditions, so use your best judgment as to whether you should run outside or hit the treadmill instead.J.K. Dobbins and Alohi Gilman are placed on injured reserve by Chargers
Oppenheimer Has Lowered Expectations for Pinstripes (NYSE:PNST) Stock PriceYou may have spent a lot of the past week taking advantage of the best Black Friday deals , and as a result missed some of the major tech stories that the TechRadar team has been reporting on – but this round-up is here to fix that. Even with all of the holiday sales madness going on, it's been another hectic week in the world of technology. We've had the biggest tease of Spotify Wrapped 2024 yet, we've seen more leaks of the Samsung Galaxy S25 Ultra , and we've had Apple 's best apps of 2024 . There's lots more to dig into besides those stories too, so sit back and let us be your guide to all of the important happenings in tech over the last seven days. Once you're done, you can also check out the best new movies and shows to stream this weekend. 7. B&O revealed its stunning new wireless earbuds We love a quality pair of wireless earbuds here at TechRadar, and the new Beoplay Eleven from Bang & Olufsen certainly fit the bill: inspired by jewelry, apparently, these earbuds and their accompanying case really look the part, even before you get to the audio quality. While we haven't heard them for ourselves yet, you get active noise cancelling here, plus eight hours of battery life and IP57 waterproofing. They're yours for $499 / £429 / €499 / AU$910, and they're on sale from December 17 – click through below for all the details. Read more: Bang & Olufsen unveils beautiful ANC wireless earbuds that are the prettiest I've seen for years 6. Windows Recall launched – and ran into teething issues Windows Recall continues to have a rough start: the upcoming AI-powered feature is designed to log your computing activities to make it easier to retrace your steps and find old information again, but some users suspect it may be a little too intrusive. Having previously been pulled because of privacy worries, the feature has now been put back into testing – only to run into a series of frustrating bugs. The advice from Microsoft , if you can believe it, is to turn your computer off and then turn it back on again. Get the best Black Friday deals direct to your inbox, plus news, reviews, and more. Sign up to be the first to know about unmissable Black Friday deals on top tech, plus get all your favorite TechRadar content. Read more: Windows 11 Recall is misbehaving in testing, and the fix for the biggest issue is an age-old favorite – turn it off, then back on again 5. Arcane makers promised to learn from Netflix’s ‘rushed’ second season Fans weren't too happy with the way the second season of Arcane ended on Netflix, but show co-creator Christian Linke has told TechRadar he "understands and respects" the complaints in an exclusive interview – and that lessons are going to be learned. In other words, don't expect the same mistakes to be made with the various Arcane sequel projects now in development. Linke also gave us plenty of insight into the production process of a show like this, which ranks as one of the best shows on Netflix recently. Read more: Arcane co-creator vows 'we will learn from it' after fan frustrations of the Netflix show's 'rushed' final season 4. OpenAI Sora was leaked by protestors You may remember the OpenAI Sora video generator being teased by the ChatGPT maker earlier this year. The tool was announced amid a wave of hype back in February, but only selected creators were invited to test out the software. As we approach the end of the year, it's still not open to the public. That changed briefly this week, when a group of disgruntled Sora testers made the tool available to everyone – before the leak was shut down by OpenAI . Those behind the leak are reportedly upset with their work being used for free, and OpenAI's positive PR spin. Expect to see a lot more tussles like this in 2025 . Read more: OpenAI's Sora video generator (briefly) leaked in protest by early users 3. Apple revealed its favorite apps of 2024 When it comes to choosing the best iPhone apps of 2024, Apple knows what it's talking about – so we'd encourage you to check out its newly-announced top picks (below). You might find one or two (or more) apps in the list are worth a place on your own home screen. We've got apps and games for the iPad, Mac, and Apple Watch here as well as selections for the iPhone, and the categories cover everything from video editing and AI-enhanced music production, to planning vacations and tracking your daily jog. It's an excellent list. Read more: These are the 9 best iPhone, iPad, and Apple Watch apps of 2024, according to Apple 2. Spotify Wrapped 2024 is now ‘right around the corner’ Brace yourself for Spotify Wrapped 2024, because Spotify itself says this year's recap now "right around the corner" – so you (and everyone else) should be seeing the annual look back on your music streaming year inside the Spotify apps across the next few days. We don't yet know what's going to be included in Spotify Wrapped 2024 , but it's no doubt going to include the usual overview of the artists, albums, and tracks you've listened to most over the past 12 months. Keep updating and refreshing your Spotify app over the next week to make sure Wrapped lands safely . Read more: Your Spotify Wrapped 2024 is imminent, official teaser reveals – here's when to expect it 1. The Samsung Galaxy S25 Ultra leaked in a big way If you don't want any spoilers for the expected January launch of the Samsung Galaxy S25 series, look away now: the latest set of leaks around the phone have given us a very good look at the Ultra model, including the more rounded corners and upgraded cameras. Add in more leaked photos and a specs reveal from a regulatory certification process, and we're probably going to know everything there is to know about this phone before it gets unveiled. It's likely that One UI 7, based on Android 15, will launch in full in January too. Read more: Leaked Samsung Galaxy S25 Ultra video claims to show 'absolutely stunning' new design OLED monitors and TVs could get cheaper soon thanks to TCL's inkjet breakthrough Apple's foldable iPhone is now more than just a concept, according to new rumors Happy 2nd birthday, ChatGPT! Here are 5 ways you've already changed the worldWalk the talk – former AG challenges selected MP’s on salary hike
Kingsview Wealth Management LLC Invests $233,000 in GoDaddy Inc. (NYSE:GDDY)Daiwa Securities Group Inc. raised its stake in shares of United States Natural Gas Fund LP ( NYSEARCA:UNG – Free Report ) by 17.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 88,893 shares of the exchange traded fund’s stock after purchasing an additional 13,400 shares during the period. Daiwa Securities Group Inc.’s holdings in United States Natural Gas Fund were worth $1,452,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hourglass Capital LLC acquired a new stake in shares of United States Natural Gas Fund in the third quarter worth $204,000. Sigma Planning Corp acquired a new position in United States Natural Gas Fund during the 3rd quarter worth $318,000. Private Wealth Partners LLC grew its holdings in United States Natural Gas Fund by 100.0% during the 3rd quarter. Private Wealth Partners LLC now owns 20,000 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 10,000 shares in the last quarter. International Assets Investment Management LLC grew its holdings in United States Natural Gas Fund by 1,506.8% during the 3rd quarter. International Assets Investment Management LLC now owns 46,116 shares of the exchange traded fund’s stock worth $753,000 after acquiring an additional 43,246 shares in the last quarter. Finally, Sweet Financial Partners LLC boosted its holdings in shares of United States Natural Gas Fund by 18.7% in the 3rd quarter. Sweet Financial Partners LLC now owns 21,125 shares of the exchange traded fund’s stock valued at $345,000 after buying an additional 3,325 shares during the period. United States Natural Gas Fund Stock Performance NYSEARCA UNG opened at $14.43 on Friday. United States Natural Gas Fund LP has a one year low of $12.35 and a one year high of $27.48. The company has a 50-day simple moving average of $14.31 and a 200-day simple moving average of $15.48. The firm has a market capitalization of $831.89 million, a PE ratio of -11.60 and a beta of 0.17. United States Natural Gas Fund Profile United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of the Company is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of the futures contracts on natural gas traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses. Read More Want to see what other hedge funds are holding UNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United States Natural Gas Fund LP ( NYSEARCA:UNG – Free Report ). Receive News & Ratings for United States Natural Gas Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Natural Gas Fund and related companies with MarketBeat.com's FREE daily email newsletter .Erling Haaland and Kyle Walker moment sums up worrying Man City decline as Liverpool watch on - Liverpool EchoSip, Shop, and Support: California Closets Shines at Wine Women & Shoes
Bytedance-owned TikTok , which was banned in India in 2020, is now a step closer to meeting the same fate in the United States. A US federal court last Friday rejected TikTok’s appeal challenging a law requiring it to divest from its Chinese parent company or shut up shop next month. ET explains the case and what’s in store for the platform. Why does the US government want to ban TikTok? In April 2024, president Joe Biden signed the Protecting Americans from Foreign Adversary Controlled Applications Act. The Act meant that the social media app, which is used by 170 million Americans, must either sell its US business to non-Chinese entities or end activities in the US in nine months – that is, by January 2025. The latest ruling upholds this law. 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Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories TikTok has denied this, calling such concerns "speculative". What has the response to the ruling been? US attorney general Merrick Garland said the court’s decision stops China from “weaponising” TikTok to collect Americans’ data or covertly manipulate the content they consume to undermine national security. TikTok CEO Shou Zi Chew reportedly said in an email to staff, "While today’s news is disappointing, rest assured we will continue the fight to protect free speech on our platform.” While civil liberties advocates have condemned the ruling for violating free speech, American content creators on the app are asking followers to follow them on other platforms like Instagram and Youtube. What happens now? ByteDance has until January 19 to sell the app. If it fails to do so, app store majors like Apple and Google will not be able to legally host TikTok in the US. The deadline could be extended by three months if the President determines there is progress toward a sale. TikTok plans to appeal the ruling in the Supreme Court. Does Trump coming to power make a difference? Trump was the first to order a ban on TikTok, back in 2020, during his first presidency. Since March 2024, however, Trump has opposed a TikTok ban saying it would empower competitor Facebook. "There's a lot of good and there's a lot of bad with TikTok, but the thing I don't like is that without TikTok, you're going to make Facebook bigger, and I consider Facebook to be an enemy of the people, along with a lot of the media," Trump has said. Trump joined TikTok in June. He was banned from Facebook and Instagram for two years following the January 6, 2021, insurrection at the US Capitol.
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