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The Texans will have defensive end Will Anderson in the lineup against the Ravens on Wednesday, but they will be down one starting offensive lineman. Right guard Shaq Mason has been ruled out due to the knee injury he suffered in last Saturday’s loss to the Chiefs. Juice Scruggs will also miss the game with a foot injury, which leaves Kendrick Green and Kenyon Green as the options to join left guard Tytus Howard and center Jarrett Peterson on the interior of the line. Anderson was bumped up to full practice participation on Tuesday’s injury report and he has no injury designation, so his hand injury won’t keep him from getting after Lamar Jackson. Wide receiver John Metchie (shoulder) also has no designation, which should make him an option to help fill the void left by Tank Dell’s season-ending knee injury. Two defensive lineman also received injury designations. Foley Fatukasi (ankle) is out while Denico Autry (knee) is listed as questionable.
Kenyan President William Ruto cancelled two deals with Adani Group worth about $2.6 billion over alleged corruption, hours after company founder Gautam Adani was charged by the US authorities in a separate bribery scheme. Ruto ordered his ministers to "immediately cancel the ongoing procurement process" involving the billionaire's companies to manage the nation's biggest airport and build high-voltage power-transmission lines. "I have stated in the past, and I reiterate today, that in the face of undisputed evidence or credible information on corruption, I will not hesitate to take decisive action," Ruto told lawmakers in a state-of-the-nation address in the capital, Nairobi, on Thursday. The decision was "based on new information provided by our investigative agencies and partner nations," he said. Adani Group wasn't immediately available for comment. Adani Airport Holdings earlier this year sought a 30-year concession worth $1.85 billion to operate Nairobi's main airport, while another unit in the vast conglomerate secured a $736 million contract to construct and operate power lines in the East African nation. While Ruto previously endorsed the transmission pact, saying Kenya urgently needs private investment for capital-intensive projects, his govt faced public criticism that the awards of the contracts were opaque. The President had no choice but to abandon the deals after the US indictment of Adani, according to Kenyan lawmaker John Kaguchia. "With Adani having been indicted in the US, it technically becomes impossible for Kenya to continue dealing with the group," Kaguchia said on Citizen TV, a Nairobi-based broadcaster. "If it continues, then the US will discontinue all support, any financial partnership we've had with them, including the IMF and World Bank." In his speech, Ruto reiterated a previous pledge to fight graft and wastage of public resources in the country that ranks 126th out of 180 on Transparency International's corruption perceptions index. "Of the many difficult assignments I have undertaken, the fight against corruption is one I now take on with resolve going forward," Ruto said. Thousands of Kenyans took to the streets earlier this year to protest against govt mismanagement and excessive taxation. More than 60 people died in the demonstrations. Bloomberg Ready to Master Stock Valuation? ET's Workshop is just around the corner!
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Go Local Holiday Gift Guide25 Cute, Cheap Stocking Stuffers From Walmart That May Be Small But Will Bring Major JoyGlobal trading powerhouse Jane Street ’s recently made Rs 4.3 crore job offer to an IIT Madras student, reflecting the immense profitability of high-frequency trading firms operating in global financial markets. Meanwhile, this lucrative world contrasts sharply with the reality faced by retail traders , who continue to suffer heavy losses in the cutthroat game of options trading . Often touted as a lucrative opportunity for quick gains, options trading operates as a zero-sum game—profits for some come directly at the expense of others. This dynamic often leaves small retail investors, who are drawn in by the high-risk, high-reward proposition, at a disadvantage. Recent data from the Securities and Exchange Board of India (Sebi) revealed the dire consequences for retail investors venturing into this arena. Sebi ’s study revealed that 93% of retail traders in options markets incurred losses between FY22 and FY24, amounting to a staggering Rs 1.81 lakh crore in total losses. Individual traders lost an average of Rs 2 lakh. Meanwhile, the dominance of global trading firms in the financial markets is built on their ability to deploy sophisticated algorithms that execute trades in fractions of a second, capturing incremental profits that add up to billions. While algorithmic traders at firms like Jane Street use sophisticated strategies to consistently win, the odds are heavily stacked against individual traders, especially those without access to such advanced tools. The disparity in outcomes is stark. Jane Street recently disclosed in a U.S. court that a proprietary options trading strategy employed in India was among its most profitable, earning over $1 billion last year. However, retail investors—who make up a significant portion of the market—face steep losses. According to the Sebi study, only 7% of individual traders managed to turn a profit over the last three years, highlighting the dominance of institutional players. 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Algorithmic firms like Jane Street dominate with high-speed strategies, capturing profits at the expense of smaller players. Also read | ICICI Securities picks 9 counters after DAC clears Rs 21,772-crore acquisition; BEL and HAL key beneficiaries While platforms now offer retail traders access to algorithms, their impact remains limited. The result is a market where institutional players thrive, while success remains elusive for most retail participants, highlighting the persistent inequities in the F&O segment. Sebi has introduced sweeping reforms to address this imbalance, including limiting weekly expiries to one index per exchange and increasing contract sizes for derivatives. These measures aim to curb speculation and volatility but may reduce access for smaller traders, raising the bar for market participation. These developments paint a vivid picture of the inequities within the options trading ecosystem. While institutional firms leverage technology and capital to dominate, retail traders face mounting losses despite regulatory safeguards. SEBI’s interventions may signal a shift toward leveling the playing field, but they also reveal how far the system still has to go to create balance opportunity and risk in the financial markets. Also read | Indraprastha Gas to consider bonus share issuance in December board meeting ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel )
What's New Prominent Democratic National Committee ( DNC ) fundraiser Lindy Li has announced her departure from the Democratic Party , citing a toxic internal culture and backlash over her critiques of Vice President Kamala Harris and President Joe Biden . In a series of media appearances, Li has claimed that allies of Donald Trump have been more "humane" to her than her former party. Newsweek has reached out to Lindy Li, Donald Trump's spokesperson, and the DNC for comment. Why It Matters Li likened her exit to "leaving a cult," sparking debate about dissent within the party. Her departure follows a series of events in which she questioned Vice President Kamala Harris's political ambitions and President Joe Biden's fitness for office. She also voiced support for Donald Trump's defense secretary nominee, Pete Hegseth. These statements triggered significant backlash, including accusations of disloyalty and social media campaigns to discredit her. Li reported losing 40,000 followers on social media within days. What To Know In an appearance on Fox News , Li described her departure as akin to escaping a restrictive and punitive environment. "It's like leaving a cult," she said, explaining that she was ostracized for questioning Harris's political ambitions and Biden's leadership abilities. "This past week has been harrowing for me," Li said during an interview with Piers Morgan on Wednesday. "On Saturday, I went on Fox & Friends and said, 'Democrats have a stench of loser hanging over them.' As soon as I said that, there were boycott campaigns against me—unblock, unfollow campaigns." Her criticism intensified after she expressed support for Pete Hegseth and again described the Democratic Party as having a "stench of loser." The remarks prompted swift retaliation, including accusations of disloyalty and coordinated efforts to undermine her online presence. "I lost tens of thousands of followers because I dared to tell the truth," Li said. "In a cult, you can't tell the truth or ask questions, but I'm done with that." Li's decision, seen by some as emblematic of growing discontent within the party, has provoked sharp backlash from current members. It has also sparked broader conversations about the Democrats ' future as the 2024 election approaches. Despite the criticism, Li expressed optimism about the incoming Trump administration. She noted tech billionaires like Mark Zuckerberg and Jeff Bezos donating to Trump's inauguration and suggested that a new era of "prosperity" might be on the horizon. What People Are Saying Keith Edwards, Democratic strategist, on Bluesky: "Grifter @lindyli has announced she's leaving the Democratic Party. How long until she's wearing a MAGA hat?" Tim Ryan, former Ohio congressman, in The New York Times : "The Dems got pinned as the status quo party on inflation, instability, insecurity, and every other issue facing working people. Trump was the change candidate in a year when 65 percent of people thought we were on the wrong track." What Happens Next Li has hinted at aligning with conservative organizations, stating her desire to work with groups that exhibit "common decency." She also confirmed during an interview with Fox Business that she will attend Trump's inauguration on January 20, 2025.Players must be assigned female at birth or have transitioned to female before going through male puberty to compete in LPGA tournaments or the eight USGA championships for females under new gender policies published Wednesday. The policies, which begin in 2025, follow more than a year of study involving medicine, science, sport physiology and gender policy law. The updated policies would rule out eligibility for Hailey Davidson, who missed qualifying for the U.S. Women's Open this year by one shot and came up short in LPGA Q-school. Davidson, who turned 32 on Tuesday, began hormone treatments when she was in her early 20s in 2015 and in 2021 underwent gender-affirming surgery, which was required under the LPGA's previous gender policy. She had won this year on a Florida mini-tour called NXXT Golf until the circuit announced in March that players had to be assigned female at birth. “Can't say I didn't see this coming,” Davidson wrote Wednesday on an Instagram story. “Banned from the Epson and the LPGA. All the silence and people wanting to stay ‘neutral’ thanks for absolutely nothing. This happened because of all your silence.” LPGA commissioner Mollie Marcoux Samaan, who is resigning in January, said the new gender policy "is reflective of an extensive, science-based and inclusive approach." By making it to the second stage of Q-school, Davidson would have had very limited status on the Epson Tour, the pathway to the LPGA. The LPGA and USGA say their policies were geared toward being inclusive of gender identities and expression while striving for equity in competition. The LPGA said its working group of experts advised that the effects of male puberty allowed for competitive advantages in golf compared with players who had not gone through puberty. “Our policy is reflective of an extensive, science-based and inclusive approach,” said LPGA Commissioner Mollie Marcoux Samaan, who announced Monday that she is resigning in January. "The policy represents our continued commitment to ensuring that all feel welcome within our organization, while preserving the fairness and competitive equity of our elite competitions.” Mike Whan, the former LPGA commissioner and now CEO of the USGA, said it developed the updated policy independently and later discovered it was similar to those used by swimming, track and field, and other sports. United States Golf Association CEO Mike Whan said the new policy will prevent anyone from having "a competitive advantage based on their gender." “It starts with competitive fairness as the North star,” Whan said in a telephone interview. “We tried not to get into politics, or state by state or any of that stuff. We just simply said, ‘Where would somebody — at least medically today — where do we believe somebody would have a competitive advantage in the field?’ And we needed to draw a line. “We needed to be able to walk into any women's event and say with confidence that nobody here has a competitive advantage based on their gender. And this policy delivers that.” The “Competitive Fairness Gender Policy” for the USGA takes effect for the 2025 championship season that starts with the U.S. Women's Amateur Four-Ball on May 10-14. Qualifying began late this year, though there were no transgender players who took part. “Will that change in the years to come as medicine changes? Probably,” Whan said. “But I think today this stacks up.” The LPGA “Gender Policy for Competition Eligibility” would apply to the LPGA Tour, Epson Tour, Ladies European Tour and qualifying for the tours. Players assigned male at birth must prove they have not experienced any part of puberty beyond the first stage or after age 12, whichever comes first, and then meet limitation standards for testosterone levels. The LPGA begins its 75th season on Jan. 30 with the Tournament of Champions in Orlando, Florida. Buffalo Bills quarterback Josh Allen, foreground right, dives toward the end zone to score past San Francisco 49ers defensive end Robert Beal Jr. (51) and linebacker Dee Winters during the second half of an NFL football game in Orchard Park, N.Y., Sunday, Dec. 1, 2024. (AP Photo/Adrian Kraus) Houston Rockets guard Jalen Green goes up for a dunk during the second half of an Emirates NBA cup basketball game against the Minnesota Timberwolves, Tuesday, Nov. 26, 2024, in Minneapolis. (AP Photo/Abbie Parr) South Carolina guard Maddy McDaniel (1) drives to the basket against UCLA forward Janiah Barker (0) and center Lauren Betts (51) during the first half of an NCAA college basketball game, Sunday, Nov. 24, 2024, in Los Angeles. (AP Photo/Eric Thayer) Mari Fukada of Japan falls as she competes in the women's Snowboard Big Air qualifying round during the FIS Snowboard & Freeski World Cup 2024 at the Shougang Park in Beijing, Saturday, Nov. 30, 2024. (AP Photo/Andy Wong) LSU punter Peyton Todd (38) kneels in prayer before an NCAA college football game against Oklahoma in Baton Rouge, La., Saturday, Nov. 30, 2024. LSU won 37-17. (AP Photo/Gerald Herbert) Philadelphia Eagles running back Saquon Barkley, left, is hit by Baltimore Ravens cornerback Marlon Humphrey, center, as Eagles wide receiver Parris Campbell (80) looks on during a touchdown run by Barkley in the second half of an NFL football game, Sunday, Dec. 1, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough) Los Angeles Kings left wing Warren Foegele, left, trips San Jose Sharks center Macklin Celebrini, center, during the third period of an NHL hockey game Monday, Nov. 25, 2024, in San Jose, Calif. (AP Photo/Godofredo A. Vásquez) Olympiacos' Francisco Ortega, right, challenges for the ball with FCSB's David Miculescu during the Europa League league phase soccer match between FCSB and Olympiacos at the National Arena stadium, in Bucharest, Romania, Thursday, Nov. 28, 2024. (AP Photo/Andreea Alexandru) Brazil's Botafogo soccer fans react during the Copa Libertadores title match against Atletico Mineiro in Argentina, during a watch party at Nilton Santos Stadium, in Rio de Janeiro, Saturday, Nov. 30, 2024. (AP Photo/Bruna Prado) Seattle Kraken fans react after a goal by center Matty Beniers against the San Jose Sharks was disallowed due to goaltender interference during the third period of an NHL hockey game Saturday, Nov. 30, 2024, in Seattle. The Sharks won 4-2. (AP Photo/Lindsey Wasson) New York Islanders left wing Anders Lee (27), center, fight for the puck with Boston Bruins defensemen Parker Wotherspoon (29), left, and Brandon Carlo (25), right during the second period of an NHL hockey game, Wednesday, Nov. 27, 2024, in Elmont, N.Y. (AP Photo/Julia Demaree Nikhinson) Jiyai Shin of Korea watches her shot on the 10th hole during the final round of the Australian Open golf championship at the Kingston Heath Golf Club in Melbourne, Australia, Sunday, Dec. 1, 2024. (AP Photo/Asanka Brendon Ratnayake) Lara Gut-Behrami, of Switzerland, competes during a women's World Cup giant slalom skiing race, Saturday, Nov. 30, 2024, in Killington, Vt. (AP Photo/Robert F. Bukaty) New York Islanders goaltender Ilya Sorokin cools off during first period of an NHL hockey game against the Boston Bruins, Wednesday, Nov. 27, 2024, in Elmont, N.Y. (AP Photo/Julia Demaree Nikhinson) Brazil's Amanda Gutierres, second right, is congratulated by teammate Yasmin, right, after scoring her team's first goal during a soccer international between Brazil and Australia in Brisbane, Australia, Thursday, Nov. 28, 2024. (AP Photo/Pat Hoelscher) Las Vegas Raiders tight end Brock Bowers (89) tries to leap over Kansas City Chiefs cornerback Joshua Williams (2) during the first half of an NFL football game in Kansas City, Mo., Friday, Nov. 29, 2024. (AP Photo/Ed Zurga) England's Alessia Russo, left, and United States' Naomi Girma challenge for the ball during the International friendly women soccer match between England and United States at Wembley stadium in London, Saturday, Nov. 30, 2024. (AP Photo/Kirsty Wigglesworth) Gold medalists Team Netherlands competes in the Team Sprint Women race of the ISU World Cup Speed Skating Beijing 2024 held at the National Speed Skating Oval in Beijing, Sunday, Dec. 1, 2024. (AP Photo/Ng Han Guan) Minnesota Vikings running back Aaron Jones (33) reaches for an incomplete pass ahead of Arizona Cardinals linebacker Mack Wilson Sr. (2) during the second half of an NFL football game Sunday, Dec. 1, 2024, in Minneapolis. (AP Photo/Abbie Parr) Melanie Meillard, center, of Switzerland, competes during the second run in a women's World Cup slalom skiing race, Sunday, Dec. 1, 2024, in Killington, Vt. (AP Photo/Robert F. Bukaty) South Africa's captain Temba Bavuma misses a catch during the fourth day of the first Test cricket match between South Africa and Sri Lanka, at Kingsmead stadium in Durban, South Africa, Saturday, Nov. 30, 2024. (AP Photo/Themba Hadebe) Mathilde Gremaud of Switzerland competes in the women's Freeski Big Air qualifying round during the FIS Snowboard & Freeski World Cup 2024 at the Shougang Park in Beijing, Friday, Nov. 29, 2024. (AP Photo/Andy Wong) Luiz Henrique of Brazil's Botafogo, right. is fouled by goalkeeper Everson of Brazil's Atletico Mineiro inside the penalty area during a Copa Libertadores final soccer match at Monumental stadium in Buenos Aires, Argentina, Saturday, Nov. 30, 2024. (AP Photo/Natacha Pisarenko) Sent weekly directly to your inbox!Ruben Amorim impressed with Arsenal’s corners after first defeat as Man Utd boss
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Ruben Amorim has warned Marcus Rashford that he will remain exiled until he begins to meet the standards expected of a Manchester United player. Rashford has been dropped from the squad for the last three games against Manchester City , Tottenham and Bournemouth . Editor's Picks Source: No pressure on Amorim to pick Rashford 1d Rob Dawson Amorim: No regrets on Rashford in Utd Cup exit 5d Rob Dawson Amorim had warned that a 'storm' would hit Man United. It's here now 2d Rob Dawson Amorim has suggested his omission is down to performances in training rather than the interview in which Rashford said he wants to leave the club, and the United head coach said he's happy to leave the 27-year-old on the sidelines until the issue is rectified. "When I feel that it is the right moment I will change something until then I will continue to think about what is the best for the team," Amorim said when asked about Rashford's situation. "I speak with him every day, not about the interview but about the performance. "It's my decision. He wants to play. He is trying. It's my decision, only my decision. I'm trying to do things my way. And it's the only way I know if I don't do that I will lose myself and I will not lose myself. I know what I'm doing." After back-to-back defeats to Tottenham and Bournemouth, United face Wolves on Boxing Day. Asked what Rashford needs to do before being considered for a return at Molineux, Amorim said: "Be the best that he can be. "If you have big talents, big performance, big responsibility, big engagement, push forward everybody in this moment. And some guys have a big responsibility here because they are here for a long time. So this is maybe one of the lowest moments in our club. So we have to face it and be strong in this moment. That's what I want for every player on the team." Amorim's news conferences have been dominated by questions about Rashford since he was axed from the squad for the Manchester derby. But he insists the England forward is not becoming a distraction, particularly because players and staff "understand" his stance. "It's not [a distraction] for me," said Amorim. 'Not for the other players because everybody is there every day during training, they understand. That is the key point. For the media and for the other people I cannot control that. "But I'm really focused and they know, I'm so clear in my message, everybody in Carrington knows what I'm talking about and what I want from Marcus and everybody else. So it's not a distraction for us, maybe it's for the media but that is not my concern."
In today's Daily Fix:More bad news from Ubisoft to close out the year. The company has decided to shut down its free-to-play shooter XDefiant—despite positive impressions from the game's fans and the media, there just weren't enough people playing to justify the cost of keeping the game running. And with the game's shutdown comes the closure of two studios working on it. Ubisoft's San Francisco and Osaka studios have been closed, with nearly 300 people being laid off. Ubisoft is hoping to boune back from a disappointing year with Assassin's Creed Shadows in 2025. In other news, Walton Goggins is putting the Ghoul skin back on for season 2 of Fallout. The actor shared an image on Instagram with him and a make-up artist layering on his character's irradiated skin. No release date is set yet for Fallout Season 2. And finally, Reebok has revealed new shoes to coincide with the new Sonic the Hedgehog movie. There will be two child-sized shoes and three adult shoes in Sonic, Tails, and Knuckles colorways.
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