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766456
nan
Globalsecurity.org
John Pike
NASA chief calls on Dr Jitendra Singh, discusses launching joint Satellite with ISRO
India and the US will launch the joint microwave remote sensing satellite for Earth observation, named NASA-ISRO Synthetic Aperture Radar (NISAR) in the first quarter of next year, said Union Minister Dr Jitendra Singh during a meeting with a high-level deleg…
https://www.globalsecurity.org/space/library/news/2023/space-231128-india-pib01.htm
nan
2023-11-29 07:27:24
India PIB Department of Space India and the US to launch the joint microwave remote sensing satellite for Earth observation, named NASA-ISRO Synthetic Aperture Radar (NISAR), onboard ISRO's GSLV in… [+3866 chars]
Space
India PIB Department of Space India and the US to launch the joint microwave remote sensing satellite for Earth observation, named NASA-ISRO Synthetic Aperture Radar (NISAR), onboard ISRO's GSLV in the first quarter of next year, says Dr Jitendra Singh A high-level delegation of NASA led by its Administrator Mr Bill Nelson calls on Dr Jitendra Singh Congratulating Dr Jitendra Singh for the historic Chandrayaan-3 landing on the virgin South Polar region of the Moon, Mr Nelson urged Dr Jitendra Singh for expediting the programme related to India's first astronaut aboard a NASA rocket to the ISS "India has a booming Space sector Startups since PM Modi initiated reforms in the Space sector": Dr Jitendra Singh Posted On: 28 NOV 2023 4:53PM by PIB Delhi India and the US will launch the joint microwave remote sensing satellite for Earth observation, named NASA-ISRO Synthetic Aperture Radar (NISAR) in the first quarter of next year, said Union Minister Dr Jitendra Singh during a meeting with a high-level delegation of NASA led by its Administrator Mr Bill Nelson who called on him in New Delhi today. NISAR is targeted for launch onboard India's GSLV. Data from NISAR will be highly suitable for studying the land ecosystems, deformation of solid earth, mountain & polar cryosphere, sea ice and coastal oceans in regional to global scale. It was informed that ISRO's S-band SAR was integrated with NASA's L-band SAR at JPL/NASA and integrated L & S band SAR is currently undergoing testing with the satellite at URSC, Bangalore with participation of NASA/JPL officials. Congratulating Dr Jitendra Singh for the historic Chandrayaan-3 landing on the virgin South Polar region of the Moon, Mr Nelson urged Dr Jitendra Singh for expediting the programme related to India's first astronaut aboard a NASA rocket to the International Space Station (ISS). During the visit of Prime Minister Narendra Modi to the US earlier this year, the two sides agreed to launch a two-week joint India-US Space flight next year. NASA is identifying an opportunity in the Private Astronaut Mission for Indian Astronauts in 2024. ISRO and NASA have formed a Joint Working Group (JWG) on Human spaceflight cooperation and are exploring cooperation in radiation impact studies, micro meteorite & orbital debris shield studies; space health and medicine aspects. The 8th meeting of India-USA Joint Working Group on Civil Space Cooperation (CSJWG) was held in Washington DC in January 2023. ISRO/DoS is also in discussion with prominent US industries (like Boeing, Blue Origin & Voyager) on specific items of cooperation and also to explore joint collaborations with Indian commercial entities. The Indian side informed that a concept paper on the Implementing Arrangement (IA) is under consideration between ISRO and NASA. After a few iterations, both sides arrived at a mutually agreed draft and the same is processed for intra-Governmental approvals. ISRO is also exploring the feasibility of utilising NASA's Hypervelocity Impact Test (HVIT) facility for testing Gaganyaan module Micrometeoroid and orbital debris (MMOD) protection shields. Dr Jitendra Singh said, India has a booming Space sector Startups since PM Modi initiated reforms in the Space sector. Within a short span of just about four years, the number of Space Startups has gone up from a mere single digit to over 150, with some of the earlier ones having turned into lucrative entrepreneurs. Mr Nelson, himself an astronaut who flew with the crew of the 24th Space Shuttle flight onboard 'Columbia' in 1986, lauded ISRO for having launched 231 satellites from the US, onboard Polar Satellite Launch Vehicle (PSLV). Mr Nelson said he was looking forward to meeting India's cosmonaut Rakesh Sharma in Bengaluru tomorrow. The US Ambassador to India, Mr Eric Garcetti was also present in the meeting. <><><><><> SNC/PK (Release ID: 1980421)
766460
nan
Forbes
Mark Kortepeter, Contributor, Mark Kortepeter, Contributor https://www.forbes.com/sites/coronavirusfrontlines/people/markkortepeter/
We Have Lost The Renowned Virus Hunter, Karl M. Johnson
He also led in the development of laboratory safety innovations, which reduced the risk to laboratory workers while studying such deadly viruses.
https://www.forbes.com/sites/markkortepeter/2023/11/29/we-have-lost-the-renowned-virus-hunter-karl-m-johnson/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:25:38
KENEMA, SIERRA LEONE - AUGUST 26: Members of a volunteer medical team wear special uniforms for the ... [+] burial of 7 people, sterilized after dying due to the Ebola virus, in Kptema graveyard in K… [+6798 chars]
Space
KENEMA, SIERRA LEONE - AUGUST 26: Members of a volunteer medical team wear special uniforms for the ... [+] burial of 7 people, sterilized after dying due to the Ebola virus, in Kptema graveyard in Kenema, Sierra Leone on August 26, 2014. In recent months, Ebola a contagious disease for which there is no known treatment or cure has claimed at least 1429 lives in West Africa, mostly in Sierra Leone, Guinea and Liberia. (Photo by Mohammed Elshamy/Anadolu Agency/Gett Images) The world lost the preeminent virus “hunter,” Dr. Karl M. Johnson on October 10, 2023. Karl played a critical role in the discoveries of some of the most horrific diseases on the planet: the viral hemorrhagic fevers, including the Machupo and Ebola viruses. He also led in the development of laboratory safety innovations, which reduced the risk to laboratory workers while studying such deadly viruses. What Is A Virus Hunter? Virus hunters are the men and women who run boldly into harm’s way, frequently in the middle of epidemics, where others fear to tread. They pursue their prey in austere, hazardous settings to root out the origins of some of the deadliest diseases on the planet, with names like Ebola, Marburg and Lassa. Their mission: to determine what causes the diseases, where they exist in nature, how they are transmitted and how to stop them. It is a relatively small “club,” and their work frequently extends back to the high containment laboratories that have specialized air handling and filtration, decontamination protocols, equipment and procedures to support their work. What Is A Viral Hemorrhagic Fever? There are four families of viruses that cause the diseases known as viral hemorrhagic fevers (VHFs), a term that originates from two characteristics of the illnesses: fever and hemorrhage (bleeding), with the latter occurring in some of the most severe cases. Unlike what you might see in the movies, though, people don’t actually bleed from their eyeballs (although they can have bleeding in the eyes). Instead, they develop problems clotting their blood, typically leading to blood oozing from sites where the skin has been punctured by a needle or other sharp instruments to obtain a blood sample, insert an intravenous catheter or conduct other medical procedures. Other sites of bleeding can include the gums around the teeth, and in the most severe forms, from the gastrointestinal tract resulting in bloody vomit or diarrhea. In addition to causing bleeding, the VHFs also happen to kill efficiently, with death rates approaching 80-90% in some outbreaks. Created by CDC microbiologist Frederick A Murphy, this transmission electron micrograph (TEM) ... [+] revealed some of the ultrastructural morphology displayed by an Ebola virus virion. Ebola is a severe, often-fatal disease in humans and nonhuman primates (monkeys, gorillas, and chimpanzees) that has appeared sporadically since its initial recognition in 1976. Image courtesy CDC/Frederick A Murphy, 1976. (Photo by Smith Collection/Gado/Getty Images). How Do Viral Hemorrhagic Fevers Spread? The VHFs spread to humans in different ways depending on the virus: from contact with or inhaling the excretions of rodents or through mosquito or tick bites. To complicate things, the blood and body fluids of victims are jam packed with viral particles, making the diseases highly contagious to household members and caregivers who may have direct contact with a patient’s blood or body fluids. The VHFs can also cause copious diarrhea, which provides ample opportunities for spread to others from splashes or small fluid droplets. In some Ebola outbreaks, simultaneous exposures of large numbers of individuals who had direct contact with the deceased during funeral rites have led to super spreader events. Characteristics of the viruses that facilitate spread make hunting for the origins of such diseases and caring for the victims extremely risky. Karl’s Scientific Achievements After completing his medical training, Karl initially worked on respiratory viruses at the National Institute of Allergy and Infectious Diseases of the NIH. A turning point came in 1962 when an opportunity opened up at the NIH’s Middle America Research Unit (MARU) in Panama. Some colleagues advised him at the time that such a move could be a career killer. Instead, the opposite occurred – the opportunity proved fortuitous. While at MARU, Karl led a response team into the heart of a deadly epidemic of a mysterious new hemorrhagic fever illness in a remote part of Bolivia, accessible only by puddle-jumper aircraft. His team toiled under extremely challenging conditions, but they ultimately discovered a brand-new virus, which Karl named Machupo after a nearby river. He and his team members also determined the disease’s rodent host and how it spread, but not early enough to prevent Karl and a team member from becoming infected. Fortunately, they recovered. Karl later moved to the CDC, where he founded the Special Pathogens Branch, which focused on discoveries of similar hazardous diseases. While there, he set up the CDC’s first laboratory where the lab workers don “space” suits. Like something out of a science fiction novel, the workers remain fully encapsulated inside a giant body condom while working with the deadly viruses. In 1976, Karl was called upon again to lead a team into the heart of the jungle during a deadly epidemic – this time in Zaire (now the Democratic Republic of the Congo) and in Sudan, where they discovered two species of the “king” of the deadly hemorrhagic fever viruses: Ebola. Using the same model as he did with Machupo, Karl named the disease after a local river close to the site of the outbreak. Karl’s Legacy I first met Karl when I was the Chief of the Medical Division at the U.S. Army Medical Research Institute of Infectious Diseases (USAMRIID), which has laboratories with specialized features for handling VHFs safely. Karl had previously led VHF work at USAMRIID, so before meeting him, I was already inspired by his work. He was compiling a summary of the capabilities of similar containment laboratories across the U.S. He had a wry sense of humor and a mischievous twinkle in his eye. It wasn’t hard to imagine him leading a team into the unknown to hunt down a killer virus. Karl left a legacy behind from his discoveries of VHFs in the field and in the lab. One might say that the foundation for the eventual licensure of a vaccine against Ebola virus, which was tested in recent outbreaks in Africa, started over four decades ago in the remote jungles of central Africa due to Karl’s and his team’s valiant work. But beyond the field work, Karl’s ultimate legacy may well be his inspiration of a whole cadre of virus hunters, who have the same sense of adventure and spirit of scientific discovery. No doubt they will continue to make significant breakthroughs for decades to come around the globe. Karl Johnson, a heartfelt thank you, and may you rest in peace.
766484
nan
The Punch
Olaniyi Apanpa
Group promises to reposition South East
A non-governmental organisation, Peace in South East Project, has pledged to restore the South East region to its rightful place in the national political space. This it said will be done using a non-kinetic approach that is built on the pillars of sustainabl…
https://punchng.com/group-promises-to-reposition-south-east/
https://cdn.punchng.com/…at-20.17.22.jpeg
2023-11-29 03:30:21
A non-governmental organisation, Peace in South East Project, has pledged to restore the South East region to its rightful place in the national political space. This it said will be done using a no… [+1291 chars]
Space
A non-governmental organisation, Peace in South East Project, has pledged to restore the South East region to its rightful place in the national political space. This it said will be done using a non-kinetic approach that is built on the pillars of sustainable development, gearing to accomplish its vision within the next five years. According to a statement by the Director of Media, Mary Ikoku, on Tuesday, she highlighted the transformative actions the organisation will carry out in achieving its objectives including reorienting citizens towards national unity and identifying the root causes of conflicts. “PISE-P aims to carry out impactful programs and initiatives to foster national peace and harmony while positively impacting constituencies with the dividends of democracy. “Additionally, the organization seeks to empower and nurture the youth as the future leaders of tomorrow through strategic programs that are politically, economically, and socially engaging “We are also going to  establish and renovate schools in conflict-affected areas, enhancing teacher training, providing teaching materials, and establishing scholarship programs for vulnerable and disadvantaged students,” Ikoku stated She further emphasised that the task of rebuilding the Southeast lies not only with political, religious, and traditional leaders but with every individual while passionately calling on all stakeholders to join hands in repositioning the region for progress and development.
766515
nan
Globalsecurity.org
John Pike
Iran dismisses Israeli regime's claim about Noor-3 satellite
The ambassador and permanent representative of the Islamic Republic of Iran to the United Nations has rejected the Zionist regime of Israel's claim about the launch of the Noor-3 satellite into orbit and described the claim as ungrounded.
https://www.globalsecurity.org/space/library/news/2023/space-231128-irna01.htm
nan
2023-11-29 07:27:24
IRNA - Islamic Republic News Agency Nov 28, 2023 New York, IRNA -- The ambassador and permanent representative of the Islamic Republic of Iran to the United Nations has rejected the Zionist regime … [+2851 chars]
Space
IRNA - Islamic Republic News Agency Nov 28, 2023 New York, IRNA -- The ambassador and permanent representative of the Islamic Republic of Iran to the United Nations has rejected the Zionist regime of Israel's claim about the launch of the Noor-3 satellite into orbit and described the claim as ungrounded. It seems that the Israeli regime seeks to unfoundedly accuse Iran of destabilizing activities in the region while its claim is "nothing more than a desperate attempt" to escape from accountability for its war crimes in the occupied lands, Amir Saeid Iravani said in his letters to top UN officials on Monday. Iravani addressed his letters to the UN Secretary General Antonio Guterres and the rotating President of the UN Security Council Zhang Jun in response to the Israeli representative's letter in which he made false claim about Iran's launch of the satellite. As Iravani reiterated, Iran has never done any activities in contradiction to the UN Security Council Resolution 2231 (2015). Below in the full text of the Iranian ambassador's letter: In the name of God, the most Compassionate, the most Merciful Excellency, I am writing to you regarding the letter dated 21 November 2023 from the representative of the Israeli regime addressed to the President of the Security Council (S/2023/895), where it claimed that the launch by Iran's Qased Space Launch Vehicle (SLV) on 27 September 2023 of the Noor-3 satellite into orbit was a violation of UN Security Council Resolution 2231 (2015). The claim in the letter is completely unfounded as Iran has never taken any activity inconsistent with the Security Council Resolution 2231(2015). Iran has made it clear, time and again, that all its activities related to its missile and space programs are fully in compliance with its legitimate rights under international law. Moreover, Iran has consistently maintained that its missile and space programs fall outside of the purview and competence of Security Council Resolution 2231 (2015) and its annexes. The Israeli regime's purpose of furthering such a baseless claim is clear, and it is to divert attention from the urgent issue currently demanding the international community's focus: the heinous atrocity crimes committed by this apartheid regime against the Palestinian people in the Gaza Strip. Accusing Iran of destabilizing activities in the region appears to be nothing more than a desperate attempt by the Israeli regime to evade accountability for its war crimes, genocide, and crimes against humanity that were committed and are being committed in occupied Palestine. We urge the international community and, in particular, the United Nations Security Council to hold the Israeli regime accountable for these atrocities. I should be grateful if you would circulate the present letter as a document of the Security Council. Please accept, Excellency, the assurances of my highest consideration. 1483**7129
766516
the-times-of-india
The Times of India
Akash Podishetti
IREDA trumps Street expectations with a robust debut. Is it a good long-term bet?
Despite solid listing gains, analysts are quite bullish on the stock from a long-term perspective. With India's ambitious renewable energy goals, they believe IREDA is well positioned to benefit from the opportunities in this space.
https://economictimes.indiatimes.com/markets/stocks/news/ireda-trumps-street-expectations-with-a-robust-debut-is-it-a-good-long-term-bet/articleshow/105589097.cms
https://img.etimg.com/th…arkets/photo.jpg
2023-11-29 08:46:12
The debut of state-owned IREDA at the bourses was better than Street expectations with a robust 56% over the issue price. This reflects investor sentiment about the strong fundamentals and growth pot… [+2731 chars]
Space
IANS INSIGHTS Read Stock Insights by ET for a quick analysis NSE BSE Indian Renewable Energy Development Agency Ltd. PEER COMPANIES Explore Now The debut of state-owned IREDA at the bourses was better than Street expectations with a robust 56% over the issue price. This reflects investor sentiment about the strong fundamentals and growth potential of the company. Post the listing, the stock rallied a further 18% and is currently trading at Rs 59.19 on BSE, up 85% over the IPO price of Rs 32. Despite solid listing gains, analysts are quite bullish on the stock from a long-term perspective. With India's ambitious renewable energy goals, they believe IREDA is well positioned to benefit from the opportunities in this space. The renewable energy sector is poised for significant growth in the coming years, driven by government initiatives and increasing environmental concerns. "IREDA's strong financial performance and focus on the burgeoning renewable energy sector make it an attractive investment proposition," said Shivani Nyati, Head of Wealth, Swastika Investmart. "The company's long-term prospects also appear promising, making it a worthwhile investment for those with a long-term investment horizon," Nyati added. The IPO received an overwhelming response, oversubscribed by 38.8 times. The proceeds from the fresh issue will be used for augmenting its capital base to meet its future capital requirements and onward lending. IREDA has an impressive track record spanning over 36 years in the field of fostering and providing financial support for fresh and sustainable energy (RE) projects, as well as energy efficiency and conservation (EEC) initiatives. The company is India's largest dedicated green financing non-banking financial company (NBFC). As of June, 2023, its portfolio of outstanding term loans stood at Rs 47,206 crore, reflecting its diverse investment ventures. The company has a geographically diversified portfolio, with term loans outstanding across 23 states and five union territories. "We believe IREDA can act as a proxy play for the growth in the Indian renewable energy sector. It gives investors a long-term opportunity to hold and raid the growth in the sector it serves, hence recommending all allotted investors 'Hold for the long term', while those who failed to get allotments can accumulate on every dip for holding it," said Prashanth Tapse of Mehta Equities. For the half year ended September 2023, its revenue jumped 47% to Rs 2,320 crore, while profit increased 41% to Rs 579 crore. In FY23, the company's standalone revenue from operations increased 22% to Rs 3,482 crore, primarily due to the growth of its term loans outstanding. Meanwhile, net profit jumped 36% to Rs 865 crore in the same period. The capital to risk-weighted asset ratio (CRAR) stood at 18.82% for FY23 and 19.95% for the June quarter. (You can now subscribe to our ETMarkets WhatsApp channel ) (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on ireda shares ireda share price ireda stock ireda ireda listing markets news indian renewable (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime
766517
the-times-of-india
The Times of India
AFP
Japan space agency likely penetrated by cyber attack
Japan's space agency, JAXA, was likely penetrated by unknown entities in a cyber attack this year. The attack targeted the central server, which controls JAXA's intranet. However, no sensitive information about rockets or satellites was accessed. JAXA is curr…
https://timesofindia.indiatimes.com/world/rest-of-world/japan-space-agency-likely-penetrated-by-cyber-attack/articleshow/105580741.cms
https://static.toiimg.co…pad-40/photo.jpg
2023-11-29 04:50:28
8 vegetarian dishes from Kashmiri Pandit cuisine that are a must-try
Space
TOKYO: Japan's space agency was likely penetrated by a cyber attack this year by unknown entities but no sensitive information about rockets or satellites was accessed, officials said Wednesday.The Japan Aerospace Exploration Agency (JAXA) reported to the government that the "possibility is high that unauthorised access was made" to its central server, government spokesman Hirokazu Matsuno told reporters.The server controls JAXA's intranet, but "we have received information that the intranet is not dealing with sensitive information such as the operation of rockets and satellites," Matsuno said.A JAXA spokesman told AFP that the agency was investigating the incident in cooperation with police and cybersecurity vendor companies."We think that the vulnerability of network equipment was targeted," he said.Police became aware of the attack earlier this year and notified JAXA, which was not unaware of the cyber attack until contacted by police, the Yomiuri Shimbun daily reported.JAXA is the hub of Japan's space industry, working on new rockets and launches of satellites as well as the country's ongoing "Moon Sniper" mission which blasted off in September.Nagoya Port, one of Japan's busiest, was crippled by a ransomware attack in July that was reportedly blamed on Lockbit, a Russia-based cybercrime organisation.Japan's National Center of Incident Readiness and Strategy for Cybersecurity (NISC), the agency responsible for the nation's defences against cyber attacks, was itself infiltrated by hackers for as long as nine months, the Financial Times reported in August.The same month the Washington Post cited US officials as saying that Chinese hackers had compromised Japanese classified defence networks in 2020, raising concerns about the cyber defences of one of Washington's closest allies in Asia. The Japanese government denied the claims.
766562
the-times-of-india
The Times of India
ET Now
Margins likely to be good and there will be an increase in profitability in Q3: Abhijit Roy, Berger Paints
“There is enough space in this industry for another player like Grasim to come in. It is not going to be majorly disruptive as such, this is our feeling and we are quite confident that we should be able to maintain our growth rate going into the future as wel…
https://economictimes.indiatimes.com/markets/expert-view/margins-likely-to-be-good-and-there-will-be-an-increase-in-profitability-in-q3-abhijit-roy-berger-paints/articleshow/105591923.cms
https://img.etimg.com/th…arkets/photo.jpg
2023-11-29 10:09:40
Abhijit Roy, MD &amp; CEO, Berger Paints, says We have dropped the price a little bit, about 1%. We have cut the prices this quarter but depending on how the raw material prices move along with the c… [+5974 chars]
Space
ETMarkets.com Abhijit Roy , MD & CEO, Berger Paints , says We have dropped the price a little bit, about 1%. We have cut the prices this quarter but depending on how the raw material prices move along with the crude because there are a few products which are directly linked to crude and then there are many which are not. The margins are likely to be good for all companies, definitely for us and there will be an increase in profitability this quarter.” Let us talk about crude first because those prices have definitely been trending lower. It is down around 15% from the September levels. How does that impact your business? Obviously there is a linkage with crude though it is not very high but still significant enough and that will result in improvement in profitability. The bases were also on the higher side last year. Overall growth rate in profitability will be quite substantial in this quarter. Unlock Leadership Excellence with a Range of CXO Courses Offering College Course Website IIM Lucknow IIML Chief Executive Officer Programme Visit IIM Kozhikode IIMK Chief Product Officer Programme Visit IIM Lucknow IIML Chief Marketing Officer Programme Visit When you say that the impact is going to be difficult to gauge, what would be that threshold for you? In terms of global crude prices where you would be in a position to start bringing the prices down? As prices have been fluctuating, off and on, sometimes it goes down to the $75-80 level, then it bounces back again to $85-90 and then there is a great talk that it is going to increase further. So, it is not stable. We have dropped the price a little bit, about 1%. We have cut the prices this quarter but depending on how the raw material prices move along with the crude because there are a few products which are directly linked to crude and then there are many which are not. There are a lot of pigments which have got nothing to do with crude or extenders which have nothing to do with crude. Thankfully, even the titanium dioxide prices have been stable at a lower level for quite some time now and therefore the margins are likely to be good for all companies, definitely for us and there will therefore be an increase in profitability this quarter. A quarter from now Grasim will make its entry. How will the dynamics change? Are we looking at a war, are we looking at innovation, are we looking at new dealer margins? This is a difficult call unless they come in and it is only a guesswork as of now, lots of strategy A, B, C, D are happening, but we know more or less there are not too many areas of opportunity to surprise anyone. So, it will be a mixture of everything. Probably the ad levels will go up a little bit, some amount of skirmish at the lower end of the spectrum, that is it. There is enough space in this industry for another player to come in. It is not going to be majorly disruptive as such, this is our feeling and we are quite confident that we should be able to maintain our growth rate going into the future as well. You Might Also Like: Why Helios’ Dinshaw Irani is avoiding the IPOs, FMCG, IT and paint stocks What is happening within the rural end of the market? Is that really seeing a demand uptick or a recovery? Surprisingly it is the rural areas which are doing reasonably better. October onwards I saw a significant up move there in certain parts of the country and so it is slightly different from different parts of the country. It did very well in October and November and it is still holding on. It is the south, especially Kerala and the east, which are not doing all that great. The bases are on the higher side in these cases as well and so the growth rate has been moderate in these markets. Actually we cannot differentiate so much between the urban and the rural. For us, unlike FMCG, rural is basically small towns and they seem to be doing quite well. Are you surprised and also delighted that this year there was impact of inflation, unseasonal rainfall, Diwali and Dussehra had a different base in terms of month yet the industry has done rather well? The assumption at the beginning of the year would be that this would be a tough year for the paint industry as rural demand is lower. Inflation and poor monsoon will eat into the disposable pie but that fear has not translated into reality why is that? So, it did impact a little bit. The second quarter was muted in terms of top line growth for almost the entire industry. The third quarter is relatively better. Of course we had a volume growth in the second quarter as well which was in double digit and that will continue possibly in the third quarter. In paint we have seen that the repainting demand continues and fortunately even the new build sector which was slowing down earlier has also bounced back, so naturally there is a demand which is there for the volume growth to be there right through. This year, the volume-value gap is reversed. Earlier last year, the volume growth was about 11-12% but the value growth was coming at 23-24% because of the inflation and the price increases which we had taken. This year, the volume growth still remains at that 11-12% level but the value growth is lower because we have been passing on price decreases in the market. So, there is a situation where the volume-value gap is on the other side and which is why it looks like there is a slower growth rate this year but volume-wise, we are more or less on similar ground. You Might Also Like: Global outlook remains bleak; India's premium to the world will remain elevated: Neelkanth Mishra There is no value growth this year given that raw material prices are coming under pressure, then what happens to volume growth? No, so volume growth is being maintained at what it was last year. It is in double digits. The value growth is lower than the volume growth. Suppose it is 11-12% volume growth, in Q2 it was much lower in terms of value growth, which was around 4-5% for us. But in Q3, the mix will change and it will be a superior mix. Probably the volume-value gap will be much lower. So, even if you do 11-12%, probably it will be 9-10% or 8-10% value growth, that is how it is happening. Earlier last year this same 11-12% volume growth resulted in 20-23% value. Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on berger paints rural demand abhijit roy crude price valuations expert view Stock Market et now (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime
766585
nan
Phys.Org
Science X
Webb captures a prominent protostar in Perseus
This new Picture of the Month from the NASA/ESA/CSA James Webb Space Telescope reveals intricate details of the Herbig Haro object 797 (HH 797). Herbig-Haro objects are luminous regions surrounding newborn stars (known as protostars), and are formed when stel…
https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.html
https://scx2.b-cdn.net/g…ominent-prot.jpg
2023-11-29 08:24:58
This new Picture of the Month from the NASA/ESA/CSA James Webb Space Telescope reveals intricate details of the Herbig Haro object 797 (HH 797). Herbig-Haro objects are luminous regions surrounding n… [+2998 chars]
Space
This new Picture of the Month from the NASA/ESA/CSA James Webb Space Telescope reveals intricate details of the Herbig Haro object 797 (HH 797). Herbig-Haro objects are luminous regions surrounding newborn stars (known as protostars), and are formed when stellar winds or jets of gas spewing from these newborn stars form shockwaves colliding with nearby gas and dust at high speeds.HH 797, which dominates the lower half of this image, is located close to the young open star cluster IC 348, which is located near the eastern edge of the Perseus dark cloud complex. The bright infrared objects in the upper portion of the image are thought to host two further protostars.This image was captured with Webb's Near-InfraRed Camera (NIRCam). Infrared imaging is powerful in studyingnewborn starsand their outflows, because the youngest stars are invariably still embedded within the gas and dust from which they are formed. The infrared emission of the star's outflows penetrates the obscuring gas and dust, making Herbig-Haro objects ideal for observation with Webb's sensitive infrared instruments.Molecules excited by the turbulent conditions, includingmolecular hydrogenandcarbon monoxide, emitinfrared lightthat Webb can collect to visualize the structure of the outflows. NIRCam is particularly good at observing the hot (thousands of degrees Celsius) molecules that are excited as a result of shocks.Using ground-based observations, researchers have previously found that for the cold molecular gas associated with HH 797, most of the red-shifted gas (moving away from us) is found to the south (bottom right), while the blue-shifted gas (moving towards us) is to the north (bottom left). A gradient was also found across the outflow, such that at a given distance from the young central star, the velocity of the gas near the eastern edge of the jet is more red-shifted than that of the gas on the western edge.Astronomers in the past thought this was due to the outflow's rotation. In this higher-resolution Webb image, however, we can see that what was thought to be one outflow is in fact made up of two almost parallel outflows with their own separate series of shocks (which explains the velocity asymmetries). The source, located in the small dark region (bottom right of center), and already known from previous observations, is therefore not a single but adouble star. Each star is producing its own dramaticoutflow. Other outflows are also seen in this image, including one from the protostar in the top right of center along with its illuminated cavity walls.HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. HH 797, which dominates the lower half of this image, is located close to the young open star cluster IC 348, which is located near the eastern edge of the Perseus dark cloud complex. The bright infrared objects in the upper portion of the image are thought to host two further protostars.This image was captured with Webb's Near-InfraRed Camera (NIRCam). Infrared imaging is powerful in studyingnewborn starsand their outflows, because the youngest stars are invariably still embedded within the gas and dust from which they are formed. The infrared emission of the star's outflows penetrates the obscuring gas and dust, making Herbig-Haro objects ideal for observation with Webb's sensitive infrared instruments.Molecules excited by the turbulent conditions, includingmolecular hydrogenandcarbon monoxide, emitinfrared lightthat Webb can collect to visualize the structure of the outflows. NIRCam is particularly good at observing the hot (thousands of degrees Celsius) molecules that are excited as a result of shocks.Using ground-based observations, researchers have previously found that for the cold molecular gas associated with HH 797, most of the red-shifted gas (moving away from us) is found to the south (bottom right), while the blue-shifted gas (moving towards us) is to the north (bottom left). A gradient was also found across the outflow, such that at a given distance from the young central star, the velocity of the gas near the eastern edge of the jet is more red-shifted than that of the gas on the western edge.Astronomers in the past thought this was due to the outflow's rotation. In this higher-resolution Webb image, however, we can see that what was thought to be one outflow is in fact made up of two almost parallel outflows with their own separate series of shocks (which explains the velocity asymmetries). The source, located in the small dark region (bottom right of center), and already known from previous observations, is therefore not a single but adouble star. Each star is producing its own dramaticoutflow. Other outflows are also seen in this image, including one from the protostar in the top right of center along with its illuminated cavity walls.HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. HH 797, which dominates the lower half of this image, is located close to the young open star cluster IC 348, which is located near the eastern edge of the Perseus dark cloud complex. The bright infrared objects in the upper portion of the image are thought to host two further protostars.This image was captured with Webb's Near-InfraRed Camera (NIRCam). Infrared imaging is powerful in studyingnewborn starsand their outflows, because the youngest stars are invariably still embedded within the gas and dust from which they are formed. The infrared emission of the star's outflows penetrates the obscuring gas and dust, making Herbig-Haro objects ideal for observation with Webb's sensitive infrared instruments.Molecules excited by the turbulent conditions, includingmolecular hydrogenandcarbon monoxide, emitinfrared lightthat Webb can collect to visualize the structure of the outflows. NIRCam is particularly good at observing the hot (thousands of degrees Celsius) molecules that are excited as a result of shocks.Using ground-based observations, researchers have previously found that for the cold molecular gas associated with HH 797, most of the red-shifted gas (moving away from us) is found to the south (bottom right), while the blue-shifted gas (moving towards us) is to the north (bottom left). A gradient was also found across the outflow, such that at a given distance from the young central star, the velocity of the gas near the eastern edge of the jet is more red-shifted than that of the gas on the western edge.Astronomers in the past thought this was due to the outflow's rotation. In this higher-resolution Webb image, however, we can see that what was thought to be one outflow is in fact made up of two almost parallel outflows with their own separate series of shocks (which explains the velocity asymmetries). The source, located in the small dark region (bottom right of center), and already known from previous observations, is therefore not a single but adouble star. Each star is producing its own dramaticoutflow. Other outflows are also seen in this image, including one from the protostar in the top right of center along with its illuminated cavity walls.HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. This image was captured with Webb's Near-InfraRed Camera (NIRCam). Infrared imaging is powerful in studyingnewborn starsand their outflows, because the youngest stars are invariably still embedded within the gas and dust from which they are formed. The infrared emission of the star's outflows penetrates the obscuring gas and dust, making Herbig-Haro objects ideal for observation with Webb's sensitive infrared instruments.Molecules excited by the turbulent conditions, includingmolecular hydrogenandcarbon monoxide, emitinfrared lightthat Webb can collect to visualize the structure of the outflows. NIRCam is particularly good at observing the hot (thousands of degrees Celsius) molecules that are excited as a result of shocks.Using ground-based observations, researchers have previously found that for the cold molecular gas associated with HH 797, most of the red-shifted gas (moving away from us) is found to the south (bottom right), while the blue-shifted gas (moving towards us) is to the north (bottom left). A gradient was also found across the outflow, such that at a given distance from the young central star, the velocity of the gas near the eastern edge of the jet is more red-shifted than that of the gas on the western edge.Astronomers in the past thought this was due to the outflow's rotation. In this higher-resolution Webb image, however, we can see that what was thought to be one outflow is in fact made up of two almost parallel outflows with their own separate series of shocks (which explains the velocity asymmetries). The source, located in the small dark region (bottom right of center), and already known from previous observations, is therefore not a single but adouble star. Each star is producing its own dramaticoutflow. Other outflows are also seen in this image, including one from the protostar in the top right of center along with its illuminated cavity walls.HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Molecules excited by the turbulent conditions, includingmolecular hydrogenandcarbon monoxide, emitinfrared lightthat Webb can collect to visualize the structure of the outflows. NIRCam is particularly good at observing the hot (thousands of degrees Celsius) molecules that are excited as a result of shocks.Using ground-based observations, researchers have previously found that for the cold molecular gas associated with HH 797, most of the red-shifted gas (moving away from us) is found to the south (bottom right), while the blue-shifted gas (moving towards us) is to the north (bottom left). A gradient was also found across the outflow, such that at a given distance from the young central star, the velocity of the gas near the eastern edge of the jet is more red-shifted than that of the gas on the western edge.Astronomers in the past thought this was due to the outflow's rotation. In this higher-resolution Webb image, however, we can see that what was thought to be one outflow is in fact made up of two almost parallel outflows with their own separate series of shocks (which explains the velocity asymmetries). The source, located in the small dark region (bottom right of center), and already known from previous observations, is therefore not a single but adouble star. Each star is producing its own dramaticoutflow. Other outflows are also seen in this image, including one from the protostar in the top right of center along with its illuminated cavity walls.HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Using ground-based observations, researchers have previously found that for the cold molecular gas associated with HH 797, most of the red-shifted gas (moving away from us) is found to the south (bottom right), while the blue-shifted gas (moving towards us) is to the north (bottom left). A gradient was also found across the outflow, such that at a given distance from the young central star, the velocity of the gas near the eastern edge of the jet is more red-shifted than that of the gas on the western edge.Astronomers in the past thought this was due to the outflow's rotation. In this higher-resolution Webb image, however, we can see that what was thought to be one outflow is in fact made up of two almost parallel outflows with their own separate series of shocks (which explains the velocity asymmetries). The source, located in the small dark region (bottom right of center), and already known from previous observations, is therefore not a single but adouble star. Each star is producing its own dramaticoutflow. Other outflows are also seen in this image, including one from the protostar in the top right of center along with its illuminated cavity walls.HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Astronomers in the past thought this was due to the outflow's rotation. In this higher-resolution Webb image, however, we can see that what was thought to be one outflow is in fact made up of two almost parallel outflows with their own separate series of shocks (which explains the velocity asymmetries). The source, located in the small dark region (bottom right of center), and already known from previous observations, is therefore not a single but adouble star. Each star is producing its own dramaticoutflow. Other outflows are also seen in this image, including one from the protostar in the top right of center along with its illuminated cavity walls.HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. HH 797 resides directly north of HH 211 (separated by approximately 30 arcseconds), which was the feature of a Webb image release in September 2023.Provided byEuropean Space AgencyCitation: Webb captures a prominent protostar in Perseus (2023, November 29) retrieved 30 November 2023 from https://phys.org/news/2023-11-webb-captures-prominent-protostar-perseus.htmlThis document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Provided byEuropean Space Agency
766601
the-times-of-india
The Times of India
ET Now
Does a dedicated healthcare fund makes sense now? Shibani Sircar Kurian explains
"We will follow what we call internally as a model which is known as the BMV model, which is essentially business, management, and valuation. So, in terms of business in the sector, we will try to identify companies with a product portfolio or an approval pip…
https://economictimes.indiatimes.com/markets/expert-view/does-a-dedicated-healthcare-fund-makes-sense-now-shibani-sircar-kurian-explains/articleshow/105579625.cms
https://img.etimg.com/th…arkets/photo.jpg
2023-11-29 10:30:00
Shibani Sircar Kurian, Senior EVP, Fund Manager &amp; Head -Equity Research, Kotak Mahindra AMC, says we believe that overall healthcare as a space in terms of the growth opportunity set remains fair… [+6825 chars]
Space
ETMarkets.com Shibani Sircar Kurian , Senior EVP, Fund Manager & Head -Equity Research, Kotak Mahindra AMC , says “we believe that overall healthcare as a space in terms of the growth opportunity set remains fairly large and intact. Indian companies are very well placed in the global generic exports market and occupy a significant share. Most importantly, companies are moving up the value chain in terms of the kind of product portfolios that they enjoy and many new listings have happened across in the healthcare space, which makes the opportunity set fairly large.” One point in concern is the kind of transition that the healthcare sector is witnessing. Looking at the transition, how do you decode this and also the timing of Kotak Healthcare Fund ? What is the crucial aspect of this transition if investors want to have this kind of a fund in their portfolio? Yes, absolutely. You are right the healthcare sector of today is not the same as it was maybe four five years ago. The population globally is aging and as life expectancy is increasing, there is a requirement for affordable but high quality healthcare and therefore the opportunity set that this sector provides is structural in nature. Unlock Leadership Excellence with a Range of CXO Courses Offering College Course Website IIM Lucknow IIML Chief Executive Officer Programme Visit Indian School of Business ISB Chief Technology Officer Visit IIM Lucknow IIML Chief Operations Officer Programme Visit Now for the Indian pharma industry, what started out as companies manufacturing in the domestic space in terms of branded formulations and then exporting to the rest of the world, especially where generic drugs are concerned, today the sector has become extremely diverse. It is no longer just limited to the export opportunity in terms of generics or the domestic plays. There are many companies which are now diversifying and moving up the value chain looking at speciality pharma portfolios and drugs in that space, which are again critical medicine, which is high margin in nature. We have companies which are part of the CDMO or contract development and manufacturing, which is also a large opportunity set. Finally, there are companies which are looking at API manufacturing as well. So this is the pharma industry, but when you look at healthcare as a sector, the sector is even more diverse. Over the last three, four years, we have seen a significant number of new companies that have come for listing, especially in the hospital segment, diagnostics and health insurance. So therefore we believe that overall healthcare as a space in terms of the growth opportunity set remains fairly large and intact. Indian companies are very well placed in the global generic exports market and occupy a significant share. Most importantly, companies are moving up the value chain in terms of the kind of product portfolios that they enjoy and many new listings have happened across in the healthcare space, which makes the opportunity set fairly large. The entire concept of health is also changing in the country and the brighter prospects also of the sector that you just highlighted, keeping all of these things in mind, I want to understand the kind of exposure across market caps you might want to have in this particular fund and in terms of healthcare sector, what would be the specific companies on your radar? In terms of the construct of the portfolio, we will go bottom-up in trying to identify companies. We will follow what we call internally as a model which is known as the BMV model, which is essentially business, management, and valuation. So, in terms of business in the sector, we will try to identify companies with a product portfolio or an approval pipeline which will help in terms of growth ahead of the industry and that growth should be scalable and sustainable in nature. We will also focus significantly on the corporate governance practices and management quality in terms of their ability to meet their strategic targets and their vision and of course accounting policy so that is going to be your key area and third is going to be valuation where we will look at growth opportunities but clearly at reasonable valuation. So, this is a model that we will employ in terms of identifying companies across these different segments that we discussed earlier. Now, what you are rightly saying is that if you look at the entire pharma, healthcare space, the space itself has evolved significantly. Today, if you look at the segment per se, the domestic business which is the branded formulations business in India has been growing at a pretty steady pace of about 10% to 12% and that has been a steady area of growth. What has also turned around on the US generics business is that price erosion has now moderated and has become pretty much low single-digit from the mid-teens price erosion that we saw some years ago, so competitive intensity has come off which means profitability has improved and also many companies are now looking at speciality pharma portfolios where again there is a big opportunity set and their profitability is large. The way we will look at this portfolio, there will be no constraint in terms of market capitalisation. We will have an approach to be market cap agnostic and look at the construct of the portfolio on a more bottom-up basis. Now these kinds of companies or exposure would be there in different kinds of category funds also. How would you advise our investors to be placed in this particular sector if at all using this kind of a strategy to diversify their portfolio? One point I want to make here is that if you look at the frontline indices like Nifty50, Nifty100 or even the broad index such as NSE500, the pharma sector weight or healthcare weight in these indices is actually low single digits or mid-single digit and therefore a diversified fund assuming even if they were overweight on the sector would not have a significant exposure from that perspective because the benchmark weights are fairly low and therefore what we believe is that given the structural opportunity, if somebody wants to have an exposure to the healthcare space in the overall equity asset allocation bucket, make way for a pure play healthcare fund and therefore play the healthcare sector through that kind of a product which is what we are launching at this point in time. If you are looking from a valuation perspective, the growth opportunity set is well known and is structural in nature. The healthcare space in terms of valuations are also trading at multiples which are in line with long-term averages and therefore valuations are reasonable as well and for somebody who wants to invest for a slightly longer period of time to benefit from the structural opportunity, can look at a pure play healthcare fund in his overall equity asset allocation bucket. Connect with Experts - Wealth creation made easy ( Originally published on Nov 29, 2023 ) Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on dedicated healthcare fund healthcare sector shibani sircar kurian cdmo kotak healthcare fund global generic exports market personal finance kotak mahindra amc expert view et now (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime
766604
the-times-of-india
The Times of India
PTI
Tata Advanced Systems partners Satellogic to develop local space tech capabilities in India
The partnership with Satellogic -- a leader in sub-metre resolution Earth Observation (EO) data collection, is a first step in the company's satellite strategy, Tata Advanced Systems Ltd (TASL) said in a statement.
https://economictimes.indiatimes.com/news/science/tata-advanced-systems-partners-satellogic-to-develop-local-space-tech-capabilities-in-india/articleshow/105591036.cms
https://img.etimg.com/th…ctimes/photo.jpg
2023-11-29 09:45:46
Aerospace and defence solutions provider Tata Advanced Systems Ltd on Wednesday said it has entered into a collaboration with Satellogic Inc for establishing and developing local space technology cap… [+1770 chars]
Space
Agencies Aerospace and defence solutions provider Tata Advanced Systems Ltd on Wednesday said it has entered into a collaboration with Satellogic Inc for establishing and developing local space technology capabilities in India . The partnership with Satellogic -- a leader in sub-metre resolution Earth Observation (EO) data collection, is a first step in the company's satellite strategy, Tata Advanced Systems Ltd ( TASL ) said in a statement. For Satellogic it is a significant milestone as it enters the fast-growing Indian defence and commercial market, it added. TASL and Satellogic will collaborate on the development of a new satellite design and work together to integrate multiple payloads on a single satellite that will generate a diverse range of data over India. "The project will commence with comprehensive training, knowledge transfer, and local assembly of optical sub-metre resolution EO satellites, the first of which is planned to be launched as TSAT-1A," the statement said. The focus will be on manufacturing satellites and developing imagery in India for national defence and commercial applications, toward which TASL is commissioning a satellite AIT plant at its Vemagal facility in Karnataka, it added. TASL CEO and Managing Director Sukaran Singh said Satellogic is a company with best-in-class technology and an entrepreneurial mindset. "Additionally, TASL will also work with local SMEs for payloads and other technologies to bolster India content," Singh added. Satellogic CEO and Founder Emiliano Kargieman said, "This collaboration will accelerate space capacity building for one of the largest nations in the world with the goal of enabling the advancement of commercial space capabilities and greater access to critical information for a range of applications such as security, sustainability, and energy.". This contract marks Satellogic's second space systems customer, following an agreement with an international space agency, the statement said. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on tata advanced systems satellogic space tech capabilities india Earth Observation TASL (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
766620
nan
GlobeNewswire
Coinfest Asia
Coinfest Asia Traces Indonesia's Emergence as Key Global Crypto Player - From Bali to Blockchain
JAKARTA, INDONESIA, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Today, Coinfest Asia releases the research report on 'From Bali to Blockchain - Indonesia's Emergence as Key Global Crypto Player'. In the dynamic and ever-evolving space of cryptocurrencies and Web3, Indo…
https://www.globenewswire.com/news-release/2023/11/29/2787730/0/en/Coinfest-Asia-Traces-Indonesia-s-Emergence-as-Key-Global-Crypto-Player-From-Bali-to-Blockchain.html
nan
2023-11-29 13:15:00
JAKARTA, INDONESIA, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Today, Coinfest Asia releases the research report on 'From Bali to Blockchain - Indonesia's Emergence as Key Global Crypto Player'. In the dynami… [+4461 chars]
Space
JAKARTA, INDONESIA, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Today, Coinfest Asia releases the research report on 'From Bali to Blockchain - Indonesia's Emergence as Key Global Crypto Player'. In the dynamic and ever-evolving space of cryptocurrencies and Web3, Indonesia is rapidly emerging as a significant global player. The nation's potential over the next five years is particularly striking. According to recent reports from Chainalysis, Indonesia is placed in an impressive 7th position in the 2023 Global Crypto Adoption Index. Indonesia's crypto marketis dynamic and rapidly evolving with a young, tech-savvy population and a median age of 30, the country is primed for digital innovation. The number of crypto account holders in Indonesia has already surpassed those with stock market accounts to more than 16 million users signaling a robust appetite for digital currency ventures. In a historic move, Indonesia became the first nation to launch its National Crypto Exchange, PT Bursa Komoditi Nusantara, also known as the Commodity Futures Exchange (CFX), in July 2023. Indonesia's National Crypto Exchange is not aiming to compete directly with global giants like Binance or Coinbase. Instead, it serves as a pricing reference index, similar to the Nasdaq composite for traditional stocks. This distinction is crucial as it highlights the exchange's unique purpose within the crypto ecosystem. "The launch of the Commodity Futures Exchange is a strategic move by Indonesia, solidifying its position as a key player in the global crypto market. It underscores ambition, accentuates commitment to innovation, and reflects Indonesia's dedicated leadership in the transformative era of digital assets, showcasing the nation's rapid growth in the crypto market," said Steven Suhadi, Founder of Indonesia Crypto Network. This growth trajectory is significantly influenced by landmark events likeCoinfest Asia, an immersive web3 festival that has become a beacon for crypto enthusiasts and innovators across the globe. Sandiaga Uno, the Minister of Tourism and Creative Economy of the Republic of Indonesia, warmly embraced Coinfest Asia, labeling it as the most significant Web3 festival in Asia. He emphasized that the event serves as evidence of the broader Asian, particularly Indonesian, receptiveness to the development and innovation within the realm of Web3. "I am very excited to anticipate the continued growth and collaboration within the web3 ecosystem of Coinfest Asia which will continue to develop in the years to come," he said during his speech. Coinfest Asia, held in the picturesque locale of Bali, transcends the traditional boundaries of a crypto conference. It's an immersive festival celebrating the cutting-edge of Web3 technology, attracting over 6,000 attendees, 200+ speakers, and representation from 2,000 companies from over 60 countries. This event is not just a meeting ground but a melting pot of ideas, innovations, and discussions shaping the future of digital currencies and blockchain technology. The significance of Coinfest Asia in the Indonesian crypto landscape cannot be overstated. It serves as a microcosm of the country's burgeoning potential in the crypto market. Indonesia, with its vast population and increasing tech-savvy demographic, is rapidly adopting digital currencies. The country's vibrant startup ecosystem and technological advancements are setting the stage for a crypto revolution. A key driver behind the growth of the Web3 and crypto industry in Indonesia is the progressive and Web3-friendly regulatory environment. The government in this country has recognized the potential of blockchain and decentralized technologies, leading to the development of clear frameworks and guidelines. As of 2023, there are32 exchangesand501 assetspermitted to be traded in Indonesia. Looking ahead, the Indonesian crypto market, buoyed by the success and influence of Coinfest Asia, is poised for significant growth. The event's focus on networking, innovation, and the exploration of the future of digital currency aligns seamlessly with the market's trajectory. As the world watches, Indonesia is set to make a substantial impact in the Web3 and crypto universe, propelled by its commitment to embracing and nurturing these groundbreaking technologies. Social Links X (former Twitter):https://twitter.com/coinfestasia Instagram:https://www.instagram.com/coinfest.asia/ Telegram:https://t.me/coinfestasiaofficial LinkedIn:https://www.linkedin.com/showcase/coinfest/ Media contact Brand: Coinfest Asia Email:renata@coinfest.asia Website:https://coinfest.asia/ SOURCE:Coinfest Asia
766661
the-times-of-india
The Times of India
Sneha Kulkarni
Digital life certificate: 12 reasons face authentication can fail when submitting Jeevan Pramaan
Jeevan Pramaan is a biometric enabled Aadhaar-based Digital Life Certificate for pensioners and is generated for individual pensioner using his/her Aadhaar number and Biometrics.
https://economictimes.indiatimes.com/wealth/save/digital-life-certificate-12-reasons-face-authentication-can-fail-when-submitting-jeevan-pramaan/articleshow/105590324.cms
https://img.etimg.com/th…wealth/photo.jpg
2023-11-29 09:26:17
Every government pensioner has to submit an Annual Life Certificate in the month of November to authorized Pension Disbursing Agencies like the Bank for further continuation of pension. Jeevan Pramaa… [+2589 chars]
Space
Getty Images Every government pensioner has to submit an Annual Life Certificate in the month of November to authorized Pension Disbursing Agencies like the Bank for further continuation of pension. Jeevan Pramaan is a biometric enabled Aadhaar-based Digital Life Certificate for pensioners and is generated for individual pensioner using his/her Aadhaar number and Biometrics. Jeevan Pramaan: What happens if life certificate is not submitted in November? If life certificate is not submitted till the month of November, payment of pension for the month of December and onwards will not be done to the pensioner. When the Life Certificate is updated in the Pension System, the pension and arrears will be paid together on the following pension payment. However, if a Life Certificate is not presented for a period of three years or more, pension would be started following the competent authority's permission via the CPAO, as per the proper procedure. For which type of pensioners, Jeevan Pramaan through Face Authentication Technology is not allowed? The life certificates of re-employed and re-marriage are not authenticated through this technology. They are required to submit the Life Certificate the conventional way to their Pension Disbursing Authority. What are main reasons that impede successful face scan during the authentication process? Following are the main reasons: Not having good lighting conditions Not holding face still Not blinking eyes during scan Uneven or multi-coloured background during scan Slow internet connectivity Keeping Aadhaar locked Keeping Biometric locked. Not capturing frontal pose of your face and capturing side poses Multiple persons in frame Not Maintaining an appropriate distance from phone camera. The pensioner, not wearing specs or glasses, if Aadhar card’s photograph is having specs or glasses or vice versa. Using android smart phone not having version 9 and above, camera resolution below 13MP and free storage space less than 500 MB What are the benefits of using the Jeevan Pramaan application through face authentication? The benefits are as follows: (i) Works on common Android smartphones; (ii) No external biometric device is needed; (iii) Eliminates the need for visits to the bank; (iv) Provides a solution for individuals with worn-out fingerprints or damaged eyes; (v) Touchless features; (vi) Pensioners can do face authentication from the comfort of sitting at home. What are the requirements for using the Jeevan Pramaan application through face authentication? Following are the requirements: (i) Android smart phone with version. 9 and above with Camera resolution of 13 MP or more and minimum 500 MB free storage space; (ii) Internet connection and; (iii) Pensioner’s Aadhaar number registered with the pension disbursing authority (bank, post office, etc.). Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Digital life certificate Jeevan Pramaan jeevan pramaan patra pensioners face authentication aadhaar (Your legal guide on estate planning, inheritance, will and more.) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Read Next How to save Rs 1 crore quickly? Use this 8-4-3 rule NPS investors can now cherry-pick fund managers Punjab and Sind bank extends last date of this spl FD You pay 18% more than the interest on credit card EMI NPS CRA rules, charges for employees, individuals clarified First ever SGB tranche up for redemption today LIC launches life insurance plan with lifetime guaranteed returns What happens if life certificate is not submitted in Nov? Investing in NPS made easier for these subscribers Life certificate: 12 reasons face authentication can fail 1 2 3 4 5 6 7 8 9 10
766723
nan
GlobeNewswire
Ducommun Incorporated
BAE Systems’ Combat Mission Systems business awards Ducommun Incorporated ‘Partner2Win’ Gold Medallion at its fifth annual ‘Partner2Win’ supplier symposium
SANTA ANA, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace and defense industry, is proud to announce that it rece…
https://www.globenewswire.com/news-release/2023/11/29/2787582/0/en/BAE-Systems-Combat-Mission-Systems-business-awards-Ducommun-Incorporated-Partner2Win-Gold-Medallion-at-its-fifth-annual-Partner2Win-supplier-symposium.html
https://ml.globenewswire.com/Resource/Download/6255d3be-58d3-4f85-8d54-5afc29f11d93
2023-11-29 11:30:00
SANTA ANA, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (Ducommun or the Company), a global supplier of innovative electronic and structural solutions for the aerospace… [+4040 chars]
Space
SANTA ANA, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace and defense industry, is proud to announce that it received a BAE Systems Partner2Win Gold Medallion on November 14, 2023, for its exceptional performance and commitment to operational excellence. Ducommun’s contributions to supply chain success helped BAE Systems ensure quality deliveries to customers. The Partner2Win program recognizes suppliers for their success in the areas of operations, quality and procurement. As part of the program, BAE Systems maintains a close relationship with suppliers and creates an environment to share best practices, learnings and innovative solutions to problems. All suppliers awarded this year went above and beyond the call of duty to create the highest quality products for service men and women. “Through our supply base, we are able to continue delivering the combat capability that is essential in both current and future environments,” said Marc Casseres, vice president of operations for BAE Systems’ Combat Mission Systems business. “Our suppliers’ commitment to delivering quality materials to our ground and amphibious vehicle and maritime systems production lines across the U.S. supports our mission to enable reunions between service members and their loved ones.” “We are thrilled to be honored for our performance by BAE Systems and look forward to many years of growth together as we support our Armed Services and Allies” said Stephen G. Oswald, chairman, president and CEO of Ducommun Incorporated. Learn more aboutBAE Systems Partner2Win Supplier Symposium here. About BAE Systems:BAE Systems, Inc. and its 34,000 people are part of a global defense, aerospace, and security company with 89,600 employees worldwide. We deliver products and services for air, land, sea and space, as well as advanced electronics, intelligence, security, and IT solutions and support services. Our dedication shows in everything we design, produce and deliver— to protect those who protect us in a high-performance, innovative culture. We push the limits of possibility to provide a critical advantage to our customers where it counts. About Ducommun Incorporated:Ducommun Incorporated delivers value-added innovative manufacturing products and solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the Company specializes in two core areas - Electronic Systems and Structural Systems - to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. For more information, visitducommun.com. Forward-Looking StatementsThis press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including in particular, statements relating to Ducommun’s expectations pertaining to its relationships with key customers. The Company generally use the words “believe,” “expect,” and similar expressions in this press release to identify forward-looking statements. These statements are based on assumptions currently believed to be valid, but they involve risks and uncertainties that could cause the Company’s actual results to differ materially from those expressed in the forward-looking statements. Important uncertainties that could cause our actual results to differ from those expressed in the forward-looking statements are identified in the Company’s reports filed with the SEC, including the Company’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, and Current Reports on Form 8-K. The forward-looking statements included in this press release are made only as of the date of this press release, and Ducommun does not undertake any obligation to (and expressly disclaims any such obligation to) update the forward-looking statements to reflect subsequent events or circumstances, except as required by law. MEDIA CONTACTS:Suman Mookerji, Senior Vice President, Chief Financial Officer657.335.3665 SMookerji@ducommun.com
766750
the-times-of-india
The Times of India
Manu Pubby
Tata betting big on high-resolution imagery satellites for military
The Bengaluru-based Tata facility will manufacture sub-metre resolution satellites and will have a ground station that can control their movement and process imagery required by the armed forces to monitor infrastructure or acquire military targets.
https://economictimes.indiatimes.com/news/defence/tata-betting-big-on-high-resolution-imagery-satellites-for-military/articleshow/105576175.cms
https://img.etimg.com/th…efence/photo.jpg
2023-11-29 01:53:56
Tata Advanced Systems Ltd (TASL) has set up a facility to manufacture high-resolution imagery satellites that will help the armed forces keep a closer eye on border areas, betting big on the military… [+2502 chars]
Space
Reuters Built on TASL's considerable defence sector capabilities, the facility is geared to manufacture up to 24 low earth orbit (LEO) satellites a year. Tata Advanced Systems Ltd (TASL) has set up a facility to manufacture high-resolution imagery satellites that will help the armed forces keep a closer eye on border areas, betting big on the military space sector . The Bengaluru-based facility will manufacture sub-metre resolution satellites and will have a ground station that can control their movement and process imagery required by the armed forces to monitor infrastructure or acquire military targets. The defence ministry has thrown open a challenge to Indian industry to make metre and sub-metre resolution satellites for military use. Built on TASL's considerable defence sector capabilities, the facility is geared to manufacture up to 24 low earth orbit (LEO) satellites a year. The plant is being set up in partnership with Satellogic, a Latin American company that specialises in earth observation satellites. The first Indian-made satellite is expected to be ready for launch within six months and will provide images with a 0.5-metre spatial resolution. TASL confirmed the initiative to set up the Assembly, Integration and Testing (AIT) facility, in response to a query. "There is an urgent need for more high-end resolution imagery satellites for Indian defence applications, and this will be a meaningful first step by TASL to build Indian capabilities in this area," TASL CEO and MD Sukaran Singh told ET. "Our technical partner Satellogic has great heritage in this area, and our strategy will be to build on that." The armed forces currently depend on satellite imagery from the Indian Space Research Organisation (ISRO) and obtain commercial images from foreign companies as needed. Given the extended border areas that need to be monitored, the armed forces have been looking for more options. There has been a spike in imagery procurement from foreign entities, especially after developments on the Line of Actual Control (LAC) with China. In such cases, coordinates of the area to be monitored have to be shared with foreign entities tasked with getting the desired images. A ground station based in India would add to the security of operations and areas of interest where targets need to be acquired. TASL will use its expertise in system integration, electronics and software to develop new satellites with different payloads for defence requirements in the future. It will also progressively localise the product at the component level and work on developing indigenous payloads. The company already has a range of products for the armed forces, including loitering munitions, UAV control centres, artillery systems and several aerostructures. It is also producing C-295 military transport aircraft in partnership with Airbus. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on imagery satellite tata group tata advanced systems ltd indian army military space sector (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
766760
nan
ETF Daily News
MarketBeat News
SOPHiA GENETICS (NASDAQ:SOPH) Coverage Initiated by Analysts at Royal Bank of Canada
Stock analysts at Royal Bank of Canada began coverage on shares of SOPHiA GENETICS (NASDAQ:SOPH – Get Free Report) in a report issued on Wednesday, Briefing.com reports. The firm set an “outperform” rating and a $8.00 price target on the stock. Royal Bank of …
https://www.etfdailynews.com/2023/11/29/sophia-genetics-nasdaqsoph-coverage-initiated-by-analysts-at-royal-bank-of-canada/
https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/sophia-genetics-sa-logo.png?v=20210803102331&w=240&h=240&zc=2
2023-11-29 12:40:45
Stock analysts at Royal Bank of Canada began coverage on shares of SOPHiA GENETICS (NASDAQ:SOPH – Get Free Report) in a report issued on Wednesday, Briefing.com reports. The firm set an “outperform” … [+2734 chars]
Space
Stock analysts at Royal Bank of Canada began coverage on shares ofSOPHiA GENETICS (NASDAQ:SOPH–Get Free Report)in a report issued on Wednesday,Briefing.comreports. The firm set an “outperform” rating and a $8.00 price target on the stock. Royal Bank of Canada’s target price suggests a potential upside of 107.25% from the company’s current price. Shares ofSOPHopened at $3.86 on Wednesday. The stock has a fifty day moving average of $3.27 and a two-hundred day moving average of $3.53. SOPHiA GENETICS has a fifty-two week low of $1.85 and a fifty-two week high of $5.77. SOPHiA GENETICS (NASDAQ:SOPH–Get Free Report) last released its quarterly earnings data on Tuesday, November 7th. The company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.11. The business had revenue of $16.30 million during the quarter, compared to the consensus estimate of $15.42 million. SOPHiA GENETICS had a negative return on equity of 38.53% and a negative net margin of 117.35%. As a group, equities research analysts anticipate that SOPHiA GENETICS will post -1.1 earnings per share for the current year. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverInstitutional investors have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in SOPHiA GENETICS in the 2nd quarter valued at about $31,000. Renaissance Technologies LLC bought a new position in shares of SOPHiA GENETICS during the second quarter worth about $63,000. JPMorgan Chase & Co. lifted its position in shares of SOPHiA GENETICS by 3,090.2% during the fourth quarter. JPMorgan Chase & Co. now owns 31,392 shares of the company’s stock worth $65,000 after purchasing an additional 30,408 shares during the last quarter. Jane Street Group LLC acquired a new stake in SOPHiA GENETICS during the first quarter worth about $80,000. Finally, Two Sigma Securities LLC acquired a new stake in SOPHiA GENETICS during the first quarter worth about $90,000. 36.68% of the stock is owned by hedge funds and other institutional investors. (Get Free Report) SOPHiA GENETICS SA operates as a cloud-native software technology company in the healthcare space. The company offers SOPHiA DDM platform, a cloud-native software platform for analyzing data and generating insights from multimodal data sets and diagnostic modalities. Its SOPHiA DDM platform and related solutions, applications, products, and services are used by hospitals, laboratories, and biopharma customers worldwide.
766768
nan
GlobeNewswire
Dassault Aviation
Dassault Aviation Wins Choiseul “Strategic Company” Award
Dassault Aviation Wins Choiseul “Strategic Company” Award (Saint-Cloud, November 29, 2023) – Dassault Aviation is particularly proud to have received...
https://www.globenewswire.com/news-release/2023/11/29/2787533/0/en/Dassault-Aviation-Wins-Choiseul-Strategic-Company-Award.html
https://ml-eu.globenewswire.com/Resource/Download/15aef55b-ffe4-455e-9a19-72b3e1734404
2023-11-29 09:22:00
Dassault Aviation Wins Choiseul Strategic Company Award (Saint-Cloud, November 29, 2023) Dassault Aviation is particularly proud to have received the 2023 Strategic Company Award as part of the Inst… [+2421 chars]
Space
Dassault Aviation Wins Choiseul “Strategic Company” Award (Saint-Cloud, November 29, 2023)– Dassault Aviation is particularly proud to have received the 2023 Strategic Company Award as part of the Institut Choiseul’s Sovereignty Initiative. The institute believes that strategic companies represent one of the many facets of national strength. Award recipients are known for their capacity to effectively mobilize resources and know-how, and to provide solutions that meet national priorities. They are a cornerstone of French strategic heritage. Dassault Aviation is an industrial architect and complex systems integrator, a developer of strategic technologies, a major national exporter, a core shareholder of the Thales Group and a vital player in an industrial landscape that includes hundreds of business and service partners. The company is at the core of the French sovereign defense ecosystem. Dassault Aviation is also the only non-American company that manufactures high-end business jets. Its dual expertise, commercial and military, guarantees economic sustainability and shared technical expertise. “Leaders, engineers, technicians and skilled operators: at Dassault Aviation we are all committed to the company’s strategic role in order to ensure the superiority of French combat aircraft and the durability of the industry’s ecosystem. Our mission is dear to our hearts; its recognition by the Institut Choiseul is an incredible source of pride. On behalf of the company’s employees, I wish to extend my warmest thanks to the jury. I also wish to thank the institute for having created and sustained the sovereignty awards, a groundbreaking and welcome initiative”,declaredÉric Trappier, Chairman and CEO of Dassault Aviation, who accepted the award on behalf of the company. ABOUT DASSAULT AVIATION: With over 10,000 military and civil aircraft (including 2,700 Falcons) delivered in more than 90 countries over the last century, Dassault Aviation has built up expertise recognized worldwide in the design, development, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems. In 2022, Dassault Aviation reported revenues of €6.9 billion. The company has 12,700 employees.dassault-aviation.com PRESS CONTACTS: Corporate CommunicationsStéphane Fort - Tel.: +33 (0)1 47 11 86 90 -stephane.fort@dassault-aviation.comMathieu Durand - Tel.: +33 (0)1 47 11 85 88 -mathieu.durand@dassault-aviation.com HD photos: mediaprophoto.dassault-aviation.comHD videos: mediaprovideo.dassault-aviation.com Attachment
766780
nan
Forbes
Emma Reynolds, Senior Contributor, Emma Reynolds, Senior Contributor https://www.forbes.com/sites/emmareynolds/
Inside Miami’s First-Ever Beachfront Home, Listed For $37.5 Million
Shore Club is being reinvisioned into an Auberge resort and private residences called The Shore Club Private Collection.
https://www.forbes.com/sites/emmareynolds/2023/11/29/inside-miamis-first-ever-beachfront-home-listed-for-375-million/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:00:00
The living area. The Boundary When the Shore Club in Miami Beach, Florida opened its doors in 1949, it instantly became a hotspot for Hollywood starlets. Until it closed in 2020, it was considered … [+3192 chars]
Architecture
The living area. When the Shore Club in Miami Beach, Florida opened its doors in 1949, it instantly became a hotspot for Hollywood starlets. Until it closed in 2020, it was considered the favorite hangout and hotel for A-listers, including Rihanna, Beyoncé, Jay-Z, Leonardo DiCaprio and more. Now, Shore Club is being reimagined into an Auberge-branded resort and private residences called The Shore Club Private Collection. Developers Witkoff and Monroe Capital are spearheading the reimagined Shore Club and have tapped Robert A.M. Stern Architects to conceptualize the all-new ground-up tower and residences, as well as the renovation of the landmarked buildings of the original Shore Club. The Shore Club Private Collection has recently unveiled the $37.5 million home aptly named The Beach House. This is the first and only oceanfront home directly on the water in the history of Miami Beach. The three-level home overlooking the ocean. The 8,237-square-foot home, which is perched on the beach overlooking the ocean, will have four bedrooms, four bathrooms and three powder rooms, plus staff quarters. There will be many open-plan living spaces, outdoor terraces totaling 2,180 square feet, an elevator and a custom, triple-height staircase to connect each level. The home is wrapped in floor-to-ceiling windows that let natural light flood through the oversized living spaces. It is also surrounded by botanical gardens so you have a tropical Miami feel. “Our design for The Beach House evokes the romance of the great eras of Miami Beach architecture: Art Deco and Miami Modern and the city’s rebirth as a 21st-century destination,” says Robert A.M. Stern, founder and senior partner at Robert A.M. Stern Architects, who mentions that classic yacht design and nautical features also served as inspiration for the architecture and interiors. The kitchen. “Prime beachfront property directly on coveted Miami Beach is scarce, and entitlements take a long time to secure,” says Alex Witkoff, co-CEO of Witkoff Group. “This is a generational opportunity to have a single-family home directly on the ocean. The layout, volumes and proportions both indoor and out are classically stylish Robert A.M. Stern Architects with extra-wide galleries; an open, triple height, glass-wrapped stair; and a secluded secret garden that’s the ideal private sculpture park perfect for yoga in the morning or entertaining in the evening. There are also numerous opportunities to uniquely display large-scale art throughout.” The home will be like its own resort with an infinity-edge rooftop pool, a secluded covered loggia, gardens, bespoke finishes, and a lush private entry. The Beach House will be fully serviced by the future Auberge hotel, and residents will get an exclusive beach club membership, access to Auberge’s amenities and services, access to restaurants and a 24-hour concierge. The rooftop infinity pool. “Creating a project that is contextual and reverential to its environs was our vision for The Shore Club from day one,” Witkoff tells me. “With The Beach House we were working with a clean slate from an architectural perspective, so we had the opportunity to push the design toward something more contemporary and daring but still fundamentally about embracing the context of its site.”
766868
nan
GlobeNewswire
Egress Software Technologies Ltd
Egress enhances cloud email security offering with advanced graymail detection to improve employee productivity and reduce admin overhead
November 29, 2023 – London, UK – Leading cybersecurity provider Egress has launched a highly accurate graymail solution, with full end-user control, dedicated to improving employee productivity and reducing the time administrators spend reviewing incorrectly …
https://www.globenewswire.com/news-release/2023/11/29/2787550/0/en/Egress-enhances-cloud-email-security-offering-with-advanced-graymail-detection-to-improve-employee-productivity-and-reduce-admin-overhead.html
https://ml-eu.globenewswire.com/Resource/Download/7cba1184-dc3a-447f-b6eb-b597326593cb
2023-11-29 10:00:00
November 29, 2023 London, UK Leading cybersecurity provider Egress has launched a highly accurate graymail solution, with full end-user control, dedicated to improving employee productivity and reduc… [+3683 chars]
Architecture
November 29, 2023 – London, UK –Leading cybersecurity provider Egress has launched a highly accurate graymail solution, with full end-user control, dedicated to improving employee productivity and reducing the time administrators spend reviewing incorrectly reported phishing emails. The graymail feature is architected into Egress’ inbound threat detection product,Egress Defend, and integrates seamlessly into customers’ Microsoft 365 environments. Graymail is bulk solicited emails which are generally low priority and not malicious phishing attacks or unsolicited spam. On average, 34% of a user’s inbox can be classified as graymail,* including newsletters, promotional materials, and notifications. This volume increases with seniority with an organization’s hierarchy: 54% of executives’ mail flow is graymail. Only 3% of these messages are ever opened. ** The high volume of graymail often means business-critical emails are buried within inboxes and employees’ time is spent on manually filtering less important messages. Additionally, graymail emails are 12 times more likely to be misreported as phishing emails versus other message categories, wasting Cybersecurity teams’ time on reviewing harmless emails and distracting them from live threats.** To tackle this drain on organizational resources, Egress has developed an advanced graymail detection capability to remove these unnecessary distractions tailored to each individual’s preference. The technology leverages Egress’ patented AI-based phishing detection functionality, which uses zero trust models and neural networks to prevent behavioral-based threats. Applying this methodology, Egress surfaces priority messages within the inbox, while segmenting graymail into a separate folder. Additionally, this productivity feature is easily customized by both individual users and administrators. An interactive banner is added to each message that is routed to the graymail folder, which provides a simple workflow for employees to re-categorize emails and divert them back into their mailbox. Users’ preferences are automatically learned by Defend, allowing users to customize their own experience without any management overhead. Tony Pepper, CEO of Egress, comments: “Graymail is an increasing drain on everyone’s time throughout an organization. From individual users through to IT and Cyber teams, who are often functioning with extremely tight resources. The launch of our advanced graymail detection within Egress Defend will boost productivity and free up valuable time across the business. While people are generally more cybersecurity-savvy than ever before, with this comes a high propensity for false alerts that take time to investigate. We’re excited to put this release in our customers’ hands and increase the value we can offer to them.” Graymail filtering within Egress Defend is now available worldwide. *Phishing Threat Trends Report 2023 **Egress Defend data between October 1st,2023 – November 9th, 2023 --- ENDS --- For press inquiries, please contact: Destiny GillbeePR Directoregress@c8consulting.co.uk About Egress As advanced persistent threats continue to evolve, we recognize that people are the biggest risk to organizations’ security and are most vulnerable when using email. Egress is the only cloud email security platform to continuously assess human risk and dynamically adapt policy controls, preparing customers to defend against advanced phishing attacks and outbound data breaches before they happen. Leveraging contextual machine learning and neural networks, with seamless integration using cloud-native API architecture, Egress provides enhanced email protection, deep visibility into human risk, and instant time to value. Trusted by the world’s biggest brands, Egress is private equity backed with offices in London, Sheffield, Cheltenham, New York, Boston, and Toronto.
766875
nan
NPR
Sam Gringlas
Georgia lawmakers gather for a judge-ordered assignment: Make new political maps
A special legislative session begins in Georgia to redraw the state's political maps after a federal judge ruled that the current district lines illegally dilute the power of Black voters.
https://www.npr.org/2023/11/29/1215652683/georgia-redistricting-session-new-maps
https://media.npr.org/as…a-s1400-c100.jpg
2023-11-29 10:00:12
The Georgia Capitol is seen on Aug. 27, 2022, in front of the Atlanta skyline. State lawmakers will gather Wednesday to start work on new political district maps. Steve Helber/AP ATLANTA A special … [+4050 chars]
History
The Georgia Capitol is seen on Aug. 27, 2022, in front of the Atlanta skyline. State lawmakers will gather Wednesday to start work on new political district maps.Steve Helber/APhide caption The Georgia Capitol is seen on Aug. 27, 2022, in front of the Atlanta skyline. State lawmakers will gather Wednesday to start work on new political district maps. ATLANTA — A special legislative session begins Wednesday in Georgia to redraw the state's political maps after a federal judgeruledthat the current district lines illegally dilute the power of Black voters. The new maps could affect the balance of power in the state legislature and in Congress, where Republicans are fighting to hold on to a very narrow U.S. House majority. Georgia lawmakers have until Dec. 8 to approve maps that comply with the federal Voting Rights Act, which prohibits discriminatory voting practices based on race and other traits. In October, U.S. District Court Judge Steve Jones ordered the Georgia General Assembly to draw an additional majority-Black congressional district and several majority-Black state House and Senate seats. "The evidence before this Court shows that Georgia has not reached the point where the political process has equal openness and equal opportunity for everyone," Jones wrote in the ruling. Republicans hold majorities in both chambers of Georgia's legislature, giving them near-total control of the map drawing. But even after the maps clear the legislature and the desk of Republican Gov. Brian Kemp, the court still has to give final approval. The process has proved contentious in other states under court orders to redo political maps created after the last census. In Alabama, a court-appointed special masterended up drawing the final congressional mapafter federal judges found that lawmakers' revised districts still did not comply with the Voting Rights Act. Georgia Republicans have indicated they will try to comply with Judge Jones' order while also protecting their incumbents and preserving their partisan advantage. Theproposedstate Senate map, made public on Monday, creates a new majority-Black district in West Metro Atlanta and another to the south, where growing concentrations of Black residents have helped fuel the state's population growth. But the map tries to blunt any Democratic gains by dismantling two districts held by prominent Democratic incumbents. Judge Jones warned Georgia lawmakers not to create new majority-Black districts by eliminating existing minority opportunity districts elsewhere. While racial gerrymandering is illegal, partisan gerrymandering is allowed. Republican Senate leadership said in a statement that "the new plan fully complies with Judge Jones' order while also upholding Georgia's traditional principles." University of Georgia professor Charles Bullock, the author ofThe History of Redistricting in Georgia,saysattempting to skirt the court's instruction would be risky. "I would think that the Georgia legislature would take a lesson from what they saw happen in Alabama within the last few months," Bullock says. "I can't imagine that the Republican majority would like to have a special master come in and change lots of their districts and make it much more difficult for a lot of Republicans." Democratic groups are already criticizing Georgia's proposed Senate maps, with the Democratic Legislative Campaign Committee calling the map gerrymandered and undemocratic. Hearings this week will allow the public to provide feedback, though with only days to finalize the maps, few substantive changes are expected. Andrea Young, executive director of the ACLU of Georgia, is encouraging people to step back from the legal technicalities and the political jockeying to view the judge's redistricting order within the broader sweep of Georgia history. She says it represents "the long-denied aspirations of Black Georgians to be full citizens of Georgia, to be fully represented in a state where for many of us, our ancestors were enslaved, where we suffered under Jim Crow laws, where we now pay taxes, build the economy and the culture." The state has appealed Jones' decision to redraw the maps, but did not attempt to pause the order while the appeal plays out. Lawyers involved in the case anticipate the appeal could take months to play out, meaning new maps will likely be in place at least for the 2024 elections.
766878
al-jazeera-english
Al Jazeera English
Al Jazeera
US military aircraft crashes off coast of Japan
The Osprey aircraft has a troubled history, with a string of fatal crashes over recent years.
https://www.aljazeera.com/news/2023/11/29/us-osprey-military-aircraft-with-8-crew-crashes-off-japan
https://www.aljazeera.co…size=1920%2C1440
2023-11-29 09:24:14
A US military aircraft has crashed into the sea off the coast of southern Japan. The wreckage of a US Osprey, which crashed with eight crew members on board, has been found along with a deployed lif… [+1990 chars]
History
A US military aircraft has crashed into the sea off the coast of southern Japan. The wreckage of a US Osprey, which crashed with eight crew members on board, has been found along with a deployed lifeboat, Japan’s coastguard said on Wednesday. The coastguard said it received an emergency call on Wednesday afternoon from a fishing boat near the crash site, which is off the island of Yakushima, located south of the main island of Kyushu. “We received information at 2:47pm [05:47 GMT] today,” a coastguard spokesperson said. “We were also notified that there were eight crew members on board.” The aircraft disappeared from radar at 2:40pm local time, Japan’s Chief Cabinet Secretary Hirokazu Matsuno confirmed. According to witnesses, the left engine of the aircraft appeared to be on fire as it went down into the sea near Yakushima airport, Japanese broadcaster NHK reported. Nearby fishing boats rushed to the scene, locating three of the crew members. A spokesperson for US forces in the region said they were still gathering information about the incident. The CV-22 Osprey, belonging to the US Yokota airbase in Tokyo, departed from the Iwakuni US base in the Yamaguchi region on Wednesday, headed for the Kadena base in Okinawa, Ministry of Defense sources told NHK. The hybrid aircraft, which takes off and lands like a helicopter but can rotate its propellers and cruise like an aeroplane, has a troubled history, with a string of fatal crashes over the years. An Ospreycrashed in Australiain August, killing three crew members, and injuring 20. In June last year,five Marines on board an Osprey were killedwhen it crashed in the California desert. In March 2022, four Marines were killed when anOsprey crashednear a Norwegian town in the Arctic Circle during a NATO exercise. In 2017, three Marines were killed when an Osprey crashed off Australia’s north coast. Earlier this year the US Army’s chief of staffgroundedall pilots not involved in critical missions and required that they complete more training after four helicopters crashed in a matter of weeks with multiple deaths. Follow Al Jazeera English:
766890
bbc-news
BBC News
https://www.facebook.com/bbcnews
Thalidomide: Australia gives national apology to survivors and families
PM Anthony Albanese calls the birth defects scandal one of Australia's "darkest" medical chapters.
https://www.bbc.co.uk/news/world-australia-67562532
https://ichef.bbci.co.uk…852_img_0281.jpg
2023-11-29 01:42:03
Australia's prime minister has given a national apology to survivors of the thalidomide scandal and their families. It comes over 60 years after the morning sickness drug started causing birth defe… [+2251 chars]
History
Australia's prime minister has given a national apology to survivors of the thalidomide scandal and their families. It comes over 60 years after the morning sickness drug started causing birth defects in babies globally. "This apology takes in one of the darkest chapters in Australia's medical history," Anthony Albanese told parliament on Wednesday. It is the first time the government has acknowledged its role in the tragedy. "To the survivors - we apologise for the pain thalidomide has inflicted on each and every one of you each and every day. We are sorry. We are more sorry than we can say," Mr Albanese said, addressing a crowd of survivors and their families in the chamber. The exact number of people affected in Australia remains unknown, but more than 140 survivors have registered for a financial support programme since 2020. In 2019, a report found that 20% of Australia's thalidomide cases could have been avoided if leaders had acted sooner. Survivor Trish Jackson, 61, told the BBC she hoped the apology would give "a bit of peace" to families. "[But] it should have been done years ago when parents were still alive, when mothers were still alive. Some survivors have even died and not gotten to hear this." Developed in Germany in the 1950s, thalidomide was originally used as a sedative or tranquiliser, but soon became widely promoted around the world as a morning sickness drug. As usage increased, so too did reports of birth defects - usually in the form of significantly shortened limbs. It was an Australian report in The Lancet medical journal that first warned the world of thalidomide's dangers in 1961, and it was taken off the market soon after. By then an estimated 10,000 babies globally had been born with disabilities. For decades, survivors have fought for acknowledgments of wrongdoing and compensation. Canada introduced financial assistance for survivors in 1991, and in 2010 the UK issued a national apology to those affected. But it wasn't until a landmark Senate inquiry in 2019 that Australia took action to support survivors. Its financial scheme provided a one-off payment of up to A$500,000 ($332,000; £261,000) to survivors, followed by annual payments of between A$5,000 and A$60,000. The programme was later closed to new applicants, but on Wednesday Mr Albanese reopened it "to ensure that anyone who may have missed the previous opportunity to apply does not miss out".
766959
nan
Deadline
Jesse Whittock
‘The Gold’ Renewed For Season 2 At BBC As Hugh Bonneville & Tom Cullen Return For Brink’s-Mat Heist Drama
EXCLUSIVE: The BBC is returning for more of The Gold. We can reveal a second season of the gold heist drama has been ordered, based on the infamous real-life events of the Brink’s-Mat robbery and the decades-long chain of events that followed. Season one was …
https://deadline.com/2023/11/the-gold-bbc-season-2-hugh-bonneville-brinks-mat-robbery-1235638403/
https://deadline.com/wp-…Boyce.jpg?w=1024
2023-11-29 10:00:00
EXCLUSIVE: The BBC is returning for more of The Gold. We can reveal a second season of the gold heist drama has been ordered, based on the infamous real-life events of the Brink’s-Mat robbery and th… [+2545 chars]
History
EXCLUSIVE:TheBBCis returning for more ofThe Gold. We can reveal a second season of the gold heist drama has been ordered, based on the infamous real-life events of the Brink’s-Mat robbery and the decades-long chain of events that followed. Season one was for UK pubcaster the BBC and Paramount+. We understand Paramount isn’t on board season 2. Werevealed the main cast last yearin April, andHugh Bonneville, Charlotte Spencer, Emun Elliott, Tom Cullen, Stefanie Martini and Sam Spruell are confirmed for season 2. Further casting is set to follow at a later date with filming set to begin in January 2024. Season one also starred the likes of Jack Lowdon and Dominic Cooper.Related StoriesNews'We Might Regret This': Producers Say BBC Show Starring & Written By Disabled Performer Can Reach "Very Top Table Of Creativity"NewsBBC Flagship Show 'Newsnight' Shortened To 30 Minutes Under $9.5M Newsroom Savings Plan SPOILER ALERT:The season 2 plot will follow what happened to the half of the Brinks-Mat gold stolen in the daring 1983 raid, after police realize those they convicted didn’t have all of it. Season 2 will explore what happened to the other half, and the criminal fortune it created. Synopsis reads: “As the police investigation continues, it becomes a tense, high-stakes journey into international money laundering and organised crime, while the police embark on dramatic manhunts as they desperately try to solve the longest and most expensive investigation in the history of the Metropolitan Police.” Season one launched on BBC One and BBC iPlayer in the UK. Its first episode took a total of 8.7 million viewers, making it a top-drama new drama across platforms and channels, according to the BBC. The Goldwriter and executive producer Neil Forsyth said: “I am delighted that we have been given the opportunity to tell the rest of the Brink’s-Mat story, which sees the consequences of the robbery and its aftermath grow only more surprising, dramatic and far-reaching, both in Britain and around the world.” Lindsay Salt, Director of BBC Drama, added: “We’re immensely proud to partner with Neil Forsyth and the team to continue the story of The Gold. Millions of viewers across the U.K. were enthralled with its gripping and confident exploration of the fallout from the notorious Brink’s-Mat robbery and, as we saw, there’s still so much more left for DCS Boyce and the team to uncover.” Salt commissioned the six-part season two ofThe Gold. Tannadice Pictures, the joint venture set up by Forsyth and Objective Fiction, part of All3Media’s Objective Media Group, makes the show in association withAll3Media International, which has international sales rights. Forsyth (Guilt, Eric, Ernie & Me) is the writer,Patrick Harkins (Tin Star, Guilt) the director and Charlie Leech (Bounty Hunters, Lovesick) returns as producer.Executive producers are Forsyth and Ben Farrell for Tannadice Pictures, and Nick Lambon for the BBC.
766961
nan
NPR
NPR
A piece of the Beatles' history is back in its rightful place
A Penny Lane street sign stolen by students in 1976 has been returned to Liverpool, England. It was taken nine years after the Beatles' song made the road legendary. An ex-student returned the sign.
https://www.npr.org/2023/11/29/1215765479/a-piece-of-the-beatles-history-is-back-in-its-rightful-place
https://media.npr.org/in…e-s1400-c100.jpg
2023-11-29 10:35:00
A Penny Lane street sign stolen by students in 1976 has been returned to Liverpool, England. It was taken nine years after the Beatles' song made the road legendary. An ex-student returned the sign.
History
A Penny Lane street sign stolen by students in 1976 has been returned to Liverpool, England. It was taken nine years after the Beatles' song made the road legendary. An ex-student returned the sign.
766980
nan
Globalsecurity.org
John Pike
Palestinians going through 'one of the darkest chapters' of their history: UN chief
United Nations Secretary-General Antonio Guterres has warned that the October 7th attacks cannot be an excuse for Israel's collective punishment of Palestinian civilians in the war-torn Gaza Strip.
https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-presstv05.htm
nan
2023-11-29 07:27:22
Iran Press TV Tuesday, 28 November 2023 3:43 PM United Nations Secretary-General Antonio Guterres has warned that the October 7th attacks cannot be an excuse for Israel's collective punishment of P… [+4209 chars]
History
Iran Press TV Tuesday, 28 November 2023 3:43 PM United Nations Secretary-General Antonio Guterres has warned that the October 7th attacks cannot be an excuse for Israel's collective punishment of Palestinian civilians in the war-torn Gaza Strip. In a statement issued for the International Day of Solidarity with the Palestinian People, Guterres said the October 7 attack "cannot justify the collective punishment of the Palestinian people." The UN chief added that Palestinians were going through "one of the darkest chapters" of their history. He reiterated his call for a "long-term" ceasefire and the release of captives held by the Palestinian resistance movement Hamas and Palestinian prisoners languishing in Israeli prisons. Guterres also stressed that Palestinians were going through "one of the darkest chapters" of their history. He called for "unrestricted access to lifesaving aid, the release of all hostages, the protection of civilians, and an end to violations of international humanitarian law." Mediator Qatar said on Monday that the initial four-day truce had been extended by two days, continuing a pause in seven weeks of warfare that has killed thousands and laid waste to the besieged Palestinian enclave. So far, under the truce deal, Hamas has released a total of 69 captives while Israel has freed 150 Palestinian detainees. Guterres described an extended truce between Israel and the Hamas movement on Monday as "a glimpse of hope and humanity," but warned it was not enough time to meet the aid needs of the Gaza Strip. The United Nations has been delivering some humanitarian aid to Gaza via the Rafah border crossing from Egypt. The world body also wants to be able to use the Kerem Shalom border crossing, controlled by Israel. Israeli restrictions on fuel affecting aid deliveries: EU An EU commissioner said that Israeli restrictions on fuel supplies to Gaza are affecting aid deliveries and humanitarian access. "We are calling for the increase of fuel supplies to the strip," Janez Lenarcic said in Brussels. "The humanitarian access should be based on the needs and not on some restrictions." Lenarcic said aid deliveries to Gaza were encountering two issues: the screening process for trucks at the Rafah crossing and the restrictions on fuel. "The quantities that are entering daily are not enough," he said. As the ceasefire enters its fifth day, the UN has reported that civilians in the Gaza Strip are finally receiving humanitarian aid after Israel has besieged the Strip, cutting off access to essential supplies including electricity, and fuel. The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) said that the aid comprises pre-packaged meals, water for consumption, shelter items like tents and blankets, and medicinal supplies. Netanyahu vows to resume aggression on Gaza Meanwhile, the Israeli regime's prime minister Benjamin Netanyahu has vowed to resume the Israeli offensive against Gaza as soon as the truce ends. Netanyahu's cabinet announced that the army is already preparing to resume hostilities in the Gaza Strip once the ceasefire is over. The Israeli cabinet was expected to vote on a plan that would halt Israel's offensive in Gaza for several days. Israel has also launched artillery attacks on the besieged Gaza Strip in violation of an extended truce deal with the Palestinian resistance movement Hamas. Israel has already pounded the besieged Gaza Strip in violation of an extended truce deal with the Palestinian resistance movement Hamas. Israeli tanks fired at Sheikh Radwan, a district northwest of Gaza City. The regime also launched artillery attacks on the besieged territory. Footage also showed smoke billowing into the sky over the Palestinian territory. The Gaza health ministry meanwhile says the regime keeps denying hospitals fuel for their generators in violation of the truce. Israeli onslaught on Gaza has brought almost all vital infrastructure in the besieged strip to a standstill. The four-day ceasefire came into effect on Friday after nearly seven weeks of Israel's constant bombardment of Gaza. The relentless airstrikes took the lives of more than 15,500 Palestinians, mostly women and children. Gaza officials say 7,000 people remain unaccounted for.
767019
nan
Gizmodo.com
Isaac Schultz
Pick the Best Image in This Nature Photography Contest
Online voting is now open for the People’s Choice Award winner in the Wildlife Photographer of the Year contest, an annual competition developed and produced by the Natural History Museum, London. You can chose your favorite from among 25 shortlisted photos o…
https://gizmodo.com/pick-the-best-image-in-this-nature-photography-contest-1851053149
https://i.kinja-img.com/…90cdea665c1b.jpg
2023-11-29 02:17:00
Online voting is now open for the Peoples Choice Award winner in the Wildlife Photographer of the Year contest, an annual competition developed and produced by the Natural History Museum, London. You… [+346 chars]
History
Online voting is now open for the People’s Choice Award winner in the Wildlife Photographer of the Year contest, an annual competition developed and produced by the Natural History Museum, London. You can chose your favorite from among 25 shortlisted photos of the near-50,000 submitted to the competition. From mudskippers and bulrushes to lions and jellyfish, the natural world has something for everyone... and it’s up to you which gets the final say. You can vote for a winner online or in person at the museum. See the impressive lineup here.
767022
abc-news
ABC News
ROD MCGUIRK Associated Press
Australia apologizes for thalidomide tragedy as some survivors listen in the Parliament gallery
Survivors of the harmful morning sickness drug thalidomide were in the public gallery when Australia’s Parliament made a national apology for what was described as one of the darkest chapters in Australia’s medical history
https://abcnews.go.com/International/wireStory/australia-apologizes-thalidomide-tragedy-survivors-listen-parliament-gallery-105229914
https://i.abcnewsfe.com/…2_16x9.jpg?w=992
2023-11-29 03:02:21
CANBERRA, Australia -- Survivors of the harmful morning sickness drug thalidomide were in the public gallery Wednesday when Australias Parliament made a national apology to them on the 62nd anniversa… [+2401 chars]
History
CANBERRA, Australia --Survivors of the harmful morning sickness drug thalidomide were in the public gallery Wednesday whenAustralia’s Parliament made a national apology to them on the 62nd anniversary of the drug being withdrawn from sale in the country. Thalidomide, also sold under the brand names Contergan and Distaval, was available in 46 countries and caused birth defects, stillbirths and miscarriages. Survivors with limb deformities and one with no limbs were in the House of Representatives gallery to hear Prime Minister Anthony Albanese’s apology. “Today, on behalf of the people of Australia, our government and this Parliament offers a full unreserved and overdue apology to all thalidomide survivors, their families, loved ones, and carers,” Albanese said. “This apology takes in one of the darkest chapters in Australia’s medical history,” he added. Doctors had assured pregnant women that the drug was safe. “There was no system for properly evaluating the safety of medicines, and the terrible cruelty of thalidomide, is that far from being safe, just one dose was enough to cause devastating harm,” Albanese said. Trish Jackson, who has heart and lung problems as well as limb deformities caused by her mother taking the drug while pregnant, welcomed the apology. “All those years of ... banging our heads against brick walls of politicians have finally paid off,” Jackson told Australian Broadcasting Corp. The apology was recommended in 2019 by a Senate inquiry into the support that was available to aging thalidomide survivors. The government will fulfill another recommendation Thursday by opening a memorial in Canberra in recognition of thalidomide survivors and their families. Australia established a support program in 2020 that is providing lifelong assistance to 148 survivors, and Albanese said his government was reopening the program to survivors who had yet to register. Jackson said the support program needed to be simplified. “It is so physically demanding to get anything back like for medications and stuff that ... a lot of survivors just don’t bother because it’s too hard for them to do it,” Jackson said. She said some doctors had never heard of thalidomide and did not understand survivors' problems. “It’s not just the missing limbs. There’s so much internal damage as well,” Jackson said. “Thalidomide’s a drug that just keeps on giving us problems.” A class-action lawsuit by Australian and New Zealand thalidomide survivors against the drug’s British distributor DiageoScotlandLtd. was settled a decade ago for 89 million Australian dollars ($81 million).
767023
rt
RT
RT
Australia apologizes to pharma victims
Australian Prime Minister Anthony Albanese has offered a national apology to survivors of the thalidomide scandal Read Full Article at RT.com
https://www.rt.com/news/588207-australia-apologizes-thalidomide-victims/
https://mf.b37mrtl.ru/fi…402b93405b41.jpg
2023-11-29 13:24:57
Australian Prime Minister Anthony Albanese has offered a national apology to victims to thalidomide, the morning sickness drug that caused birth defects in around 100,000 babies worldwide. The apolog… [+1713 chars]
History
Australian Prime Minister Anthony Albanese has offered a national apology to victims of thalidomide, the morning sickness drug that caused birth defects in around 100,000 babies worldwide. The apology marks the first time that the Australian government has acknowledged a role in the scandal. “To the survivors – we apologize for the pain thalidomide has inflicted on each and every one of you each and every day. We are sorry. We are more sorry than we can say,”Albanese addressed a group of survivors in parliament on Wednesday. “This apology takes in one of the darkest chapters in Australia's medical history,”he stated. Developed by German drugmaker Grunenthal, thalidomide was marketed between 1957 and 1961 as a cure for morning sickness during pregnancy and as a non-addictive sleeping tablet. Shortly after it was brought to market, thalidomide was found to cause birth defects including shortened or missing limbs, while other pregnancies were terminated prematurely by the drug, and some children exposed to it in the womb died before reaching puberty. Estimates from theThalidomide Trustsuggest around 100,000 thalidomide babies were born globally. It is unclear how many were affected in Australia, but a 2019 report by the senate in Canberra found that 20% of the country’s cases could have been avoided if the government had acted sooner to take the drug out of circulation. The government never admitted liability, but offered survivors one-time payments of up to AU$500,000 ($332,000) and annual compensation of up to AU$60,000 in 2019. Similar redress schemes were implemented in Canada in 1991 and the UK in 2010. Grunethal acknowledges its role in the scandal, but has never admitted legal liability. Several Grunethal officials were charged with negligent homicide in the late 1960s, but the firm settled out of court and agreed to contribute to a charitable foundation for victims.
767028
bbc-news
BBC News
https://www.facebook.com/bbcnews
Nottingham attacks: Families of killed students vow to get justice
It comes after Valdo Calocane admitted their manslaughter by reason of diminished responsibility.
https://www.bbc.co.uk/news/uk-england-nottinghamshire-67567192
https://ichef.bbci.co.uk…barnaby_cops.jpg
2023-11-29 13:29:43
The families of two students killed in attacks in Nottingham have vowed to "leave no stone unturned in ensuring justice is properly served". Valdo Calocane, 32, pleaded guilty on Tuesday to the mans… [+3198 chars]
History
The families of two students killed in attacks in Nottingham have vowed to "leave no stone unturned in ensuring justice is properly served". Valdo Calocane, 32, pleaded guilty on Tuesday to the manslaughter of Barnaby Webber and Grace O'Malley-Kumar, both 19, by reason of diminished responsibility. The students were stabbed in Ilkeston Road, at about 04:00 BST on 13 June. Calocane also admitted killing 65-year-old school caretaker Ian Coates. In a joint statement issued to the PA news agency, the families of Mr Webber and Ms O'Malley-Kumar - who were both students at the University of Nottingham - said: "The loss of our children has devastated our families; our grief has no boundaries. "Over the past five and a half months, we have struggled to come to terms with the needless and horrific attack that led to them both losing their lives and their bright futures on 13 June. "We will leave no stone unturned in ensuring justice is properly served for Barnaby and Grace, and for all those affected by the devastating events of that evening. "We have taken great comfort from the support we have received from the public and will push to make sure lessons are learnt from this case." Calocane, who answered to the name Adam Mendes, also pleaded guilty to the attempted murders of three pedestrians - Sharon Miller, Marcin Gawronski and Wayne Birkett - on the same day after hitting them with a van he had allegedly stolen from Mr Coates. He pleaded not guilty to murdering Mr Webber, Ms O'Malley-Kumar and Mr Coates. Karim Khalil KC, prosecuting, said the Crown would need further time to decide whether Calocane's pleas were acceptable or not. Ms O'Malley-Kumar and Mr Webber, who were studying medicine and history respectively, were walking home when they were attacked. Mr Coates was then found dead in Magdala Road about an hour later. Calocane is then alleged to have used Mr Coates' van to drive at the three pedestrians in Milton Street and South Sherwood Street. Judge Mr Justice Turner adjourned the case until 16 January. Thousands attended vigils for the victims both at the University of Nottingham and in the city centre in the wake of the attacks. The family of Mr Webber - from Taunton in Somerset - described their "complete devastation" at his death, saying he was a "beautiful, brilliant, bright young man, with everything in life to look forward to". Ms O'Malley-Kumar's family said she was a "truly wonderful and beautiful young lady", and that she would be "so dearly missed". The student, from Woodford in north-east London, had represented Essex in cricket as a teenager, and had also played for England Hockey. Mr Coates worked at the Huntingdon Academy in Nottingham and was four months from retirement. Two of his sons, Lee and James, said he was a keen fisherman and "die-hard" Nottingham Forest fan. Nottinghamshire Police referred itself to the Independent Office for Police Conduct (IOPC) the day after the attacks. The IOPC investigation looked at whether the actions of Calocane, of no fixed abode, were influenced by the presence of a police car that was following him. The watchdog said an officer driving the single-crewed vehicle had sight of the suspect driving the van for less than a minute before it hit pedestrians. A spokesperson for the IOPC said: "Our investigation into the circumstances of Nottinghamshire Police's interaction with a van prior to the collision on 13 June was completed in September. "We have updated the two pedestrians who were injured in the incident and provided the force with our investigation report. We will publish our findings following the conclusion of associated criminal proceedings." Follow BBC East Midlands on Facebook, on X, or on Instagram. Send your story ideas to eastmidsnews@bbc.co.uk.
767035
nan
Forbes
Mark Deeks, Contributor, Mark Deeks, Contributor https://www.forbes.com/sites/markdeeks/
A Case For Oakland To Extend Zack Gelof Far Earlier Than They Have To
The Oakland Athletics could not compete in the free agency market even if they wanted to, and also do not want to. Time, then, to spend more creatively.
https://www.forbes.com/sites/markdeeks/2023/11/28/a-case-for-oakland-to-extend-zack-gelof-far-earlier-than-they-have-to/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 03:46:44
DENVER, CO - JULY 29: Zack Gelof #20 of the Oakland Athletics celebrates in the dugout with a Thor's ... [+] hammer prop after hitting a home run in the second inning against the Colorado Rockies at … [+4277 chars]
History
DENVER, CO - JULY 29: Zack Gelof #20 of the Oakland Athletics celebrates in the dugout with a Thor's ... [+] hammer prop after hitting a home run in the second inning against the Colorado Rockies at Coors Field on July 29, 2023 in Denver, Colorado. (Photo by Dustin Bradford/Getty Images) MLB free agency is underway, and Sonny Gray is already off the board, signing a three-year, $75 million deal with the St Louis Cardinals. Gray is a needle-mover on the market, his decision being one with ramifications all around the league, as those teams not named the Cardinals who had their eyes on him move onto their Plans B to find front-line quality starting pitching. Conversely, at the complete opposite end of the spectrum, there are Gray's former team, the Oakland Athletics. With no hope of contention in 2024 and not even any real idea yet of where they are going to be playing from 2025 onwards, the A's are instead limiting themselves to signing the Osvaldo Bido types. After all the selling-off, cost-cutting, bad trades and limbo surrounding the team's future, there is not a chance in a million that the Athletics will spend any meaningful money this offseason. Even if they wanted to, those worthy of the significant money will have other suitors, and much more desirable situations to choose from. To make any free agency splashes, however minor, the A's will have to overpay, and as was seen with Trevor May, Aleurys Diaz, Jesus Aguilar and Tony Kemp last season, overpaying means not being able to resell the players anyway. Replacement-level players or below, on short term deals, for a team with no short term goals whatsoever. It is just dead money. They therefore both could not compete in the market even if they wanted to, and also do not want to. None of this is meant as a slight towards Bido, who is exactly the type of player the floundering A's should be targeting. A talent who has not quite pieced it together at the MLB level yet, he merits a look, and redraft/reclamation projects are the way for Oakland to go during this extended doldrums period. They might find some more Brent Rooker and Ryan Noda types for cheap. It beats getting more Aguilars. That said, even for the low-revenue-lower-payroll A's, there is still some money to spend, and some incentive to do so. This becomes doubly true if Major League Baseball instructs/urges the A's to spend the hefty amount of money they receive via the Collective Bargaining Agreement's revenue sharing provision on player salaries, as some hope they will. Ownership's many decisions not to spend money does not mean that the money is not there. Perhaps, then, they can spend it more creatively. Called up midway through last season, rookie infielder Zack Gelof immediately became the team's best position player, and the breath of fresh air sorely needed amid another nothing season. Because his call-up came concurrent with his addition to the 40-man roster, his service time clock is almost as close to zero as possible; it will be several years before he even gets to the arbitration stage, and several more on top before he is through into the wider market. Such a more is definitely not unprecedented, and is the sort of move that the similarly low-payrolled Tampa Bay Rays have done more than once. It worked incredibly well with Evan Longoria, who poured in many good years as arguably the best player in the franchise's history (when factoring in longevity) before the back end of his second deal proved to be too expensive. And it was on the way to working with elite prospect Wander Franco, before the investigations into his off-field allegations put everything on an indeterminate hold. Offering a package that gives Gelof an immediate pay bump above the minimum salary in exchange for a discount in years five and six - and potentially with options attached thereafter, so as to avoid any Shin-Soo Choo-esque situations - would be a creative and productive use of whatever money there is to spend. It gives Gelof the big payday with which to shape the rest of his life, gives the A's a potential discount that can be reinvested elsewhere in the future, and provides security for both parties. And there has been scant little of that surrounding the Athletics franchise of late. This vehicle could, of course, also be used on others deemed possible future cornerstones. There just are not that many who meet that level. Best then to use it on the one hitter who is.
767119
the-times-of-india
The Times of India
etimes.in
BTS creates HISTORY at MAMA Awards
BTS has achieved 50 wins at 2023 MAMA Awards, securing 'Worldwide Icon of the Year' for sixth consecutive time. They are the first band in MAMA history to amass 50 trophies and hold a total of 74 wins across both MAMA and overall award ceremonies. Despite som…
https://timesofindia.indiatimes.com/entertainment/k-pop/music/news/bts-creates-history-at-mama-awards-clinches-50-trophies-and-secures-6th-consecutive-worldwide-icon-of-the-year-win/articleshow/105582513.cms
https://static.toiimg.co…pad-40/photo.jpg
2023-11-29 05:52:58
How to make millet Hot and Sour soup at home
History
The global phenomenon that is BTS has once again etched their name in the annals of K-pop history, securing unprecedented 50 wins at the MAMAAwards. The group, already one of the biggest names in the genre, achieved this historic milestone by clinching the ‘Worldwide Icon of the Year’ for an impressive sixth consecutive time, reaffirming their status as one of the most influential acts in the industry.The ‘Worldwide Icon of the Year’, also known as the ‘Daesang award’, stands as the highest honour in South Korea, and BTS has now claimed it as their own for six years running.BTS has not only become the first band in MAMA Awards history to amass 50 trophies but has also set the record for the most awards won by any act in the history of the prestigious awards ceremony. The group continues to dominate the Daesang category, holding a staggering total of 74 wins across both MAMA and overall award ceremonies. Despite the challenges of some members pursuing solo projects and fulfilling mandatory military service, BTS remains an unstoppable force, carving out a path of historical significance through their global influence and unwavering fanbase, the ARMY. The youngest member of BTS, Jungkook, who was not physically present at the awards ceremony, received the Worldwide Icon of the Year award through a heartfelt video message. The video message was met with enthusiastic cheers from fans in the arena, and Jungkook expressed gratitude to the ARMY, “Our ARMY who always sends us unwavering love. Thank you, very much”. Despite the physical distance, Jungkook assured fans of a future reunion and encouraged the ARMY to stay healthy and happy, “My precious and loving ARMY, you know, I love you so much right?" BTS leader RM also took to Weverse to convey his gratitude to the ARMY, expressing, "Thank you, everyone. I miss you", in a heartfelt message. The news of the group's triumph comes against the backdrop of significant developments within BTS. On November 22, BIGHIT MUSIC announced that RM, Jimin, V, and Jungkook had commenced the mandatory military enlistment process. Simultaneously, Jin, J-Hope, and SUGA are fulfilling their military duties. On the same day, Jungkook confirmed his impending enlistment through a heartfelt letter, adding an emotional layer to the celebration of BTS's historic wins at the 2023 MAMA Awards.
767145
abc-news
ABC News
ROD MCGUIRK Associated Press
Australia apologizes for thalidomide tragedy as some survivors listen in the Parliament gallery
Survivors of the harmful morning sickness drug thalidomide were in the public gallery when Australia’s Parliament made a national apology for what was described as one of the darkest chapters in Australia’s medical history
https://abcnews.go.com/Health/wireStory/australia-apologizes-thalidomide-tragedy-survivors-listen-parliament-gallery-105229915
https://i.abcnewsfe.com/…2_16x9.jpg?w=992
2023-11-29 03:02:26
CANBERRA, Australia -- Survivors of the harmful morning sickness drug thalidomide were in the public gallery Wednesday when Australias Parliament made a national apology to them on the 62nd anniversa… [+2401 chars]
History
CANBERRA, Australia --Survivors of the harmful morning sickness drug thalidomide were in the public gallery Wednesday whenAustralia’s Parliament made a national apology to them on the 62nd anniversary of the drug being withdrawn from sale in the country. Thalidomide, also sold under the brand names Contergan and Distaval, was available in 46 countries and caused birth defects, stillbirths and miscarriages. Survivors with limb deformities and one with no limbs were in the House of Representatives gallery to hear Prime Minister Anthony Albanese’s apology. “Today, on behalf of the people of Australia, our government and this Parliament offers a full unreserved and overdue apology to all thalidomide survivors, their families, loved ones, and carers,” Albanese said. “This apology takes in one of the darkest chapters in Australia’s medical history,” he added. Doctors had assured pregnant women that the drug was safe. “There was no system for properly evaluating the safety of medicines, and the terrible cruelty of thalidomide, is that far from being safe, just one dose was enough to cause devastating harm,” Albanese said. Trish Jackson, who has heart and lung problems as well as limb deformities caused by her mother taking the drug while pregnant, welcomed the apology. “All those years of ... banging our heads against brick walls of politicians have finally paid off,” Jackson told Australian Broadcasting Corp. The apology was recommended in 2019 by a Senate inquiry into the support that was available to aging thalidomide survivors. The government will fulfill another recommendation Thursday by opening a memorial in Canberra in recognition of thalidomide survivors and their families. Australia established a support program in 2020 that is providing lifelong assistance to 148 survivors, and Albanese said his government was reopening the program to survivors who had yet to register. Jackson said the support program needed to be simplified. “It is so physically demanding to get anything back like for medications and stuff that ... a lot of survivors just don’t bother because it’s too hard for them to do it,” Jackson said. She said some doctors had never heard of thalidomide and did not understand survivors' problems. “It’s not just the missing limbs. There’s so much internal damage as well,” Jackson said. “Thalidomide’s a drug that just keeps on giving us problems.” A class-action lawsuit by Australian and New Zealand thalidomide survivors against the drug’s British distributor DiageoScotlandLtd. was settled a decade ago for 89 million Australian dollars ($81 million).
767211
nan
International Business Times
Anne BEADE
Interpol Fights Crime And Controversial Image, 100 Years On
As Interpol marks its centenary, it faces the tricky task of nabbing criminals while ensuring that its famous red notices are not abused to snare dissidents.
https://www.ibtimes.com/interpol-fights-crime-controversial-image-100-years-3719641
https://d.ibtimes.com/en…ls-centenary.jpg
2023-11-29 05:36:30
As Interpol marks its centenary, it faces the tricky task of nabbing criminals while ensuring that its famous red notices are not abused to snare dissidents. This week, more than a thousand police a… [+3749 chars]
History
As Interpol marks its centenary, it faces the tricky task of nabbing criminals while ensuring that its famous red notices are not abused to snare dissidents. This week, more than a thousand police and law enforcement leaders from around the world are attending Interpol's general assembly in Vienna, where it was founded. "We've been growing from 20 member countries in 1923 to 196 today," Juergen Stock, Secretary General of the Lyon-based agency, told AFP. With its famous red notices, Interpol "makes sure there is no safe haven for criminals, whether it's the physical or the online world," the 64-year-old German said. But the organisation has had to step up controls after abuse of the notices led to criticism. As a global hub for information sharing, Interpol helps member countries "connect the dots across continents" by identifying and locating criminals, explained Stock. Interpol's database boasts 125 million police files, and receives about 16 million searches per day. Bosnian Serb wartime leader Radovan Karadzic -- who was captured in 2008 after almost 13 years on the run -- and French serial killer Charles Sobhraj are among Interpol's most spectacular coups. The global police body has also helped Italy in recent years crack down on the country's wealthiest and most powerful mafia: the 'Ndrangheta. In May, Interpol launched an unprecedented campaign to identify 22 women believed to have been murdered in Belgium, Germany and The Netherlands. By making previously confidential information public, Rita Roberts, who was killed in 1992, was finally identified this year after a family member recognised her tattoo. Notwithstanding its successes, Interpol's red notice system has been regularly accused of being misused by member states to hunt down political dissidents. Shortly after taking office in 2014, Stock decided to tackle the problem head-on by setting up a team of about 40 experts to vet notices for wanted suspects before they are published. "We are scanning the geopolitical situation around the world and doing these compliance checks," said Stock, stressing the system's "robust mechanism". In 2022, just 1,465 notices were rejected or cancelled before publication, compared to a total of some 70,000 valid notices. "If a case is predominantly political or has a military or religious component, Interpol is out and we are taking that very seriously," Stock insisted. Moreover, he has introduced "a new refugee policy" to protect those who have been granted refugee status. A handful of countries are currently under Interpol's heightened scrutiny, including Russia, which has been unable to directly send messages to other member countries since its invasion of Ukraine. However, due to the lack of a "globally accepted definition on terrorism", mistakes can occur, acknowledged Stock. French journalist Mathieu Martiniere, who recently published an in-depth investigation into Interpol with his German colleague Robert Schmidt, told AFP that "the situation has improved, but more than a hundred innocent people still slip through the net every year and can be extradited and then imprisoned." A major problem Interpol faces is a "lack of human resources in an underfunded organisation." The election of Emirati general Ahmed Naser al-Raisi -- who is being investigated in France for complicity in torture -- as Interpol's president in 2021 has also raised concerns. The journalists' book, which was published in October, also examines when the Nazis took control of the organisation after the annexation of Adolf Hitler's native Austria. Interpol's president at the time, Austrian Ernst Kaltenbrunner, was sentenced to death at Nuremberg and executed in 1946. Until earlier this year, the names of Interpol's Nazi presidents were omitted from the website in order to "whitewash history", said Martiniere. Stock said that was an unintentional oversight, which has since been rectified.
767224
abc-news
ABC News
ROD MCGUIRK Associated Press
Australia apologizes for thalidomide tragedy as some survivors listen in the Parliament gallery
Survivors of the harmful morning sickness drug thalidomide were in the public gallery when Australia’s Parliament made a national apology for what was described as one of the darkest chapters in Australia’s medical history
https://abcnews.go.com/Business/wireStory/australia-apologizes-thalidomide-tragedy-survivors-listen-parliament-gallery-105229916
https://i.abcnewsfe.com/…2_16x9.jpg?w=992
2023-11-29 03:02:33
CANBERRA, Australia -- Survivors of the harmful morning sickness drug thalidomide were in the public gallery Wednesday when Australias Parliament made a national apology to them on the 62nd anniversa… [+2401 chars]
History
CANBERRA, Australia --Survivors of the harmful morning sickness drug thalidomide were in the public gallery Wednesday whenAustralia’s Parliament made a national apology to them on the 62nd anniversary of the drug being withdrawn from sale in the country. Thalidomide, also sold under the brand names Contergan and Distaval, was available in 46 countries and caused birth defects, stillbirths and miscarriages. Survivors with limb deformities and one with no limbs were in the House of Representatives gallery to hear Prime Minister Anthony Albanese’s apology. “Today, on behalf of the people of Australia, our government and this Parliament offers a full unreserved and overdue apology to all thalidomide survivors, their families, loved ones, and carers,” Albanese said. “This apology takes in one of the darkest chapters in Australia’s medical history,” he added. Doctors had assured pregnant women that the drug was safe. “There was no system for properly evaluating the safety of medicines, and the terrible cruelty of thalidomide, is that far from being safe, just one dose was enough to cause devastating harm,” Albanese said. Trish Jackson, who has heart and lung problems as well as limb deformities caused by her mother taking the drug while pregnant, welcomed the apology. “All those years of ... banging our heads against brick walls of politicians have finally paid off,” Jackson told Australian Broadcasting Corp. The apology was recommended in 2019 by a Senate inquiry into the support that was available to aging thalidomide survivors. The government will fulfill another recommendation Thursday by opening a memorial in Canberra in recognition of thalidomide survivors and their families. Australia established a support program in 2020 that is providing lifelong assistance to 148 survivors, and Albanese said his government was reopening the program to survivors who had yet to register. Jackson said the support program needed to be simplified. “It is so physically demanding to get anything back like for medications and stuff that ... a lot of survivors just don’t bother because it’s too hard for them to do it,” Jackson said. She said some doctors had never heard of thalidomide and did not understand survivors' problems. “It’s not just the missing limbs. There’s so much internal damage as well,” Jackson said. “Thalidomide’s a drug that just keeps on giving us problems.” A class-action lawsuit by Australian and New Zealand thalidomide survivors against the drug’s British distributor DiageoScotlandLtd. was settled a decade ago for 89 million Australian dollars ($81 million).
767342
nan
Globalsecurity.org
John Pike
Raksha Mantri Shri Rajnath Singh unveils crest of Project 15B stealth guided missile destroyer Yard 12706 (Imphal)
The crest of Yard 12706 (Imphal), the third amongst the four Project 15B stealth guided missile destroyers, was unveiled by Raksha Mantri Shri Rajnath Singh, in the presence of Manipur Chief Minister Shri N Biren Singh, in New Delhi on November 28, 2023
https://www.globalsecurity.org/wmd/library/news/india/2023/india-231128-india-pib02.htm
nan
2023-11-29 07:27:47
India - Press Information Bureau Ministry of Defence Posted On: 28 NOV 2023 2:06PM by PIB Delhi The crest of Yard 12706 (Imphal), the third amongst the four Project 15B stealth guided missile dest… [+3379 chars]
History
India - Press Information Bureau Ministry of Defence Posted On: 28 NOV 2023 2:06PM by PIB Delhi The crest of Yard 12706 (Imphal), the third amongst the four Project 15B stealth guided missile destroyers, was unveiled by Raksha Mantri Shri Rajnath Singh, in the presence of Manipur Chief Minister Shri N Biren Singh, in New Delhi on November 28, 2023. The unveiling of Imphal's crest, adorned with the Kangla Palace and 'Kangla-Sa' is a befitting tribute to the sacrifice made by the people of Manipur towards India's independence, sovereignty and security. The crest design depicts the Kangla Palace on the left and 'Kangla-Sa' on the right. The Kangla Palace is an important historical and archaeological site of Manipur, and was the traditional seat of the past kingdom. With a dragon's head and lion's body, the 'Kangla-Sa' is a mythical being from Manipur history, and is symbolic as the guardian/protector of its people. 'Kangla-Sa' is also the state emblem of Manipur. Designed by the Indian Navy's Warship Design Bureau and built by Mazagon Dock Shipbuilders Limited (MDL), Mumbai, this ship is a hallmark of indigenous shipbuilding and is amongst the most technologically advanced warships in the world. The ship was delivered by the MDL to the Indian Navy on October 20, 2023. A guided missile destroyer with a displacement of 7,400 tons and overall length of 164 meters,Imphalis a potent and versatile platform equipped with state-of-the-art weapons and sensors, including surface-to-air missiles, anti-ship missiles and torpedoes. Powered by Combined Gas and Gas (COGAG) propulsion, she is capable of achieving speeds in excess of 30 knots (56 km/hr). The ship boasts of a high indigenous content of approximately 75% that includes the following: Medium Range Surface-to-Air Missiles (BEL, Bangalore) BrahMos Surface-to-Surface Missiles (BrahMos Aerospace, New Delhi) Indigenous Torpedo Tube Launchers (Larsen & Toubro, Mumbai) Anti-Submarine Indigenous Rocket Launchers (Larsen & Toubro, Mumbai) 76mm Super Rapid Gun Mount (BHEL, Haridwar) Imphal'skeel was laid on May 19, 2017 and the ship was launched into water on April 20, 2019. The ship had sailed out for her maiden sea trials on April 28, 2023, and has undergone a comprehensive schedule of trials in harbour and at sea, leading up to its delivery on October 20, 2023 within a record time-frame of six months. As part of the pre-commissioning trials, the ship recently carried out successful firing of an Extended Range BrahMos missile. The time taken to buildImphaland for her trials is the shortest for any indigenous destroyer. The delivery of the ship is an affirmation of the impetus towards 'Aatmanirbhar Bharat'. It is a maritime tradition and a naval custom according to which many Indian Naval ships have been named after prominent cities, mountain ranges, rivers, ponds and islands. The Indian Navy is immensely proud of naming its latest and technologically most advanced warship after the historic city ofImphal. This is the first capital warship to be named after a city in the North-Eastern region, the approval for which was accorded by the President on April 16, 2019. Chief of Defence Staff General Anil Chauhan, Chief of the Naval Staff Admiral R Hari Kumar and other officials of Ministry of Defence and Manipur government were also present on the occasion. ABB/VM/Savvy (Release ID: 1980365)
767344
the-times-of-india
The Times of India
Rajni Pandey
How does having multiple credit cards affect your credit score?
Multiple credit cards can impact your credit score depending on factors like your borrowing history and risk to lenders. Carefully maintaining a good credit score is crucial when having multiple credit cards. However, having newer cards can lower your credit …
https://timesofindia.indiatimes.com/business/india-business/how-does-having-multiple-credit-cards-affect-your-credit-score/articleshow/105589718.cms
https://static.toiimg.co…pad-40/photo.jpg
2023-11-29 09:06:19
FD Calculator When investing in a fixed deposit, the amount you deposit earns interest as per the prevailing... Calculate Now
History
Your credit score is like a report card for your borrowing history. When you want to borrow money, lenders check this score to see how risky it is to lend to you. A higher score usually means less risk. Now, the big question is, how does having multiple credit cardsimpact your credit score? Well, it's like this: you can have several credit cards as long as you are careful about maintaining a good credit score.But, here's the catch - if your credit cards are fairly new, your credit score might be lower. That's because having newer cards brings down the average age of your credit history.Your credit score is calculated using five main factors, and some of these factors are more important than others.Payment history (35%): This is the big one, carrying the most weight. It's all about how good you are at paying your debts. Having multiple credit cards means you have to keep track of payments for each one. Missing payments can seriously hurt your credit score.Debt-to-credit ratio (30%): This measures how much of your available credit you are using. Going over 30% can bring down your score. Having multiple credit cards can increase your total available credit, but it's crucial not to go over that 30% limit.Average age of your credit cards (15%): The age of your credit cards matters. Having new cards can lower your average credit age, which in turn, can lower your credit score. People with a long credit history tend to have better scores.Types of credit (10%): The variety of credit you have matters too. Lenders like to see a mix, such as credit cards, mortgages, and installment loans. Having only multiple credit cards might not be ideal for your credit score.New credit accounts (10%): Opening a new credit account can temporarily lower your score. Too many new accounts can signal risk to lenders. So, it's wise not to open too many credit cards in a short time.ConclusionIf you are considering obtaining several credit cards, avoid acquiring them simultaneously. Doing so may reduce the average age of your credit history, negatively impacting your credit score. If you already possess multiple cards, it is advisable not to close them, as this action could enhance your overall credit and positively influence your credit score. Instead, make regular use of one or two cards, monitor your payments diligently, routinely check your credit score, and ensure that you stay below the 30% credit utilization limit on your credit cards.
767348
the-times-of-india
The Times of India
The Feed
Who is Marie-Louise Eta, set to be first female coach to be involved in men's Champions League? Know everything about her
Marie-Louise Eta helped Union Berlin draw 1-1 with Augsburg on Saturday. With this match, she became the first female assistant manager in Bundesliga history. On Wednesday, she is set to become the first senior female coach to be actively involved in a men's …
https://economictimes.indiatimes.com/news/international/us/who-is-marie-louise-eta-set-to-be-first-female-coach-to-be-involved-in-mens-champions-league-know-everything-about-her/articleshow/105598061.cms
https://img.etimg.com/th…ctimes/photo.jpg
2023-11-29 13:05:16
Marie-Louise Eta is set to become the first senior female coach to be actively involved in a men's Champions League group stage game. When she takes her seat in the away dugout at Braga on Wednesday … [+2897 chars]
History
Marie-Louise Eta is set to become the first senior female coach to be actively involved in a men's Champions League group stage game. When she takes her seat in the away dugout at Braga on Wednesday night, women across the world will have reason to cheer loudly. She will break the false glass ceiling by becoming interim joint assistant manager at Union Berlin. Earlier on Saturday, Eta helped Union Berlin draw 1-1 with Augsburg. With this match, she became the first female assistant manager in Bundesliga history. Union Berlin promote Eta Union Berlin promoted Eta and their temporary manager, Marco Grote, from the same roles with the club’s under-19s after nine straight defeats left the first team at the bottom. While Grote returned to the under-19s after Nenad Bjelica’s appointment as Union’s manager on Monday, Eta will continue with the first team and share the duties of assistant coach with Bjelica’s trusted sidekick Danijel Jumic. Eta wins Women's Champions League Eta won the 2009-10 Women’s Champions League as a defensive midfielder with Turbine Potsdam under her maiden name of Bagehorn. She grew up in Dresden, and her husband Benjamin, is a former professional footballer turned coach. Though Eta is scheduled to return to the juniors once Sebastian Bonig, Fischer’s former deputy, returns from extended leave, she can be proud of what she has achieved. Challenging role However, her role as a female football assistant coach is quite challenging considering the prevalent male chauvinism. She told UEFA last month, "I've always tried not to put the focus on the fact that I'm a woman but I noticed some people started treating me completely differently compared with before." She added it is something that is not always comfortable. Imke Wubbenhorst Earlier, Eta's friend and former BV Cloppenburg teammate Imke Wubbenhorst made German football history by managing the lower-division Cloppenburg men’s side. She later became a junior part of Julian Nagelsmann’s backroom staff while on a secondment at RB Leipzig during their 2019-20 Champions League campaign. Currently, Wubbenhorst is the Manager of Young Boys’ women’s team in Switzerland. Talking to German TV channel Deutsche Welle, she said, "As a female you have to convince male players with good drills and good analysis. They will not be impressed with your playing career and there are some foreign players with different views of the world." FAQs: How will Marie-Louise Eta make history on Wednesday? Marie-Louise Eta is set to become the first senior female coach to be actively involved in a men's Champions League group stage game. She has made history by becoming interim joint assistant manager at Union Berlin. Earlier on Saturday, Eta helped Union Berlin draw 1-1 with Augsburg. With this match, she became the first female assistant manager in Bundesliga history. Who is Marie-Louise Eta? Eta won the 2009-10 Women’s Champions League as a defensive midfielder with Turbine Potsdam under her maiden name of Bagehorn. She grew up in Dresden, and her husband Benjamin, is a former professional footballer turned coach. Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on eta Champions League Bundesliga Union Berlin female football coach (Catch all the US News , UK News , Canada News , International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
767362
the-times-of-india
The Times of India
TOI Sports Desk
Shan Masood wants Pakistan to 'change history' on Australia tour
Skipper Shan Masood has set Pakistan a tough target for their forthcoming tour of Australia -- make history. Pakistan have never won a Test series in the 12 times they have toured down under, with the south Asian side losing the last 14 five-dayers in a row t…
https://timesofindia.indiatimes.com/sports/cricket/news/new-skipper-shan-masood-wants-pakistan-to-change-history-on-australia-tour/articleshow/105593021.cms
https://static.toiimg.co…pad-40/photo.jpg
2023-11-29 10:29:36
Jaiswal, Kishan help India thrash Australia to go 2-0 up
History
NEW DELHI: Pakistan have never won a Test series in Australia but new skipper Shan Masood sees the upcoming tour Down Under as an opportunity to 'change history'.Masood, 34, was recently appointed skipper of the Test side after Babar Azam stepped down as captain across formats. The tough Australia tour will be Masood's first assignment as a leader. "When you have not achieved something in history, then you have an opportunity to change it," he told a news conference in Lahore ahead of the team's departure."So we will make an effort to produce positive results for Pakistan and for the World Test championship."Pakistan are on the top of World Test Championship 2023-25 cycle with wins in both Tests against Sri Lanka, while India are second and Australia third on the nine-team table.But Australia are flying high after winning the last cycle of the championship and lifting the 50-over World Cup earlier this month.The Test series starts with the first match in Perth from December 14, followed by Melbourne (December 26-30), and Sydney (January 3-7).Pakistan lost both Tests by an innings margin during their last tour -- a series Masood was part of."We need to score 400 and then take 20 wickets," said Masood of what was required."We did not do that on our last tour in 2019, so that is the goal."Masood admitted Australia would be high on confidence."The positive thing will be to have the belief to play well, and all those playing contribute to give Australia some tough times."Masood insisted the tourists had prepared well for this series."We tried to replicate the Australian conditions in our training camp in Rawalpindi, which has a bouncy pitch," he said.He also hailed the appointment of former England skipper Adam Hollioake, who coaches in Australia, as the team's new batting coach."Teams hire people who have local knowledge, and he is an expert of Australian conditions so his appointment will help us to apply ourselves in those conditions."He also backed his predecessor Azam to have a big tour, saying the team's batting "will go around him"."We want to play the type of cricket that our fans enjoy -- a good and fighting brand," he said.
767371
nan
ReadWrite
Sam Shedden
AMD opens huge design centre in India
Advanced Micro Devices (AMD) has opened its largest global design center in India. The state-of-the-art campus in the city of […] The post AMD opens huge design centre in India appeared first on ReadWrite.
https://readwrite.com/amd-opens-huge-design-centre-in-india/
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2023-11-29 13:22:50
Advanced Micro Devices (AMD) has opened its largest global design center in India. The state-of-the-art campus in the city of Bengaluru will employ around 3,000 engineers in the coming years and foc… [+1853 chars]
Art
Advanced Micro Devices (AMD) has opened its largest global design center in India. The state-of-the-art campus in the city of Bengaluru will employ around 3,000 engineers in the coming years and focus on the design and development of  AMD’s semiconductor technology including 3D stacking,artificial intelligence (AI)and more. This significant initiative, known as the AMD Technostar campus, is part of the company’s substantial $400 million investment in India over the next five years, reportsThe Times of India. The move to what is known as ‘India’s Silicon Valley’ from the American semiconductor company comes amid ongoing expansion of India’s tech sector. The campus was inaugurated by Ashwini Vaishnaw, India’s minister for railways, telecommunications, electronics and information technology. AMD executive leaders including Mark Papermaster, the Californian firm’s chief technology officer also attended. “We are very focused on bringing high-performance designs that can help our customers be much more efficient in computing so that, they can get the job done by spending less money and burning less power,” Papermaster toldlocal media. The world’s most populous country is poised for explosive growth in the coming decades thanks to an enormous pool of young talent, recent success in 5G roll-out and the government’s focus on enabling and predictable policies. This abundance of skilled and English-speaking talent has led India to become the third largest start-up destination in the world. It has witnessed significant growth, particularly post-pandemic. with over 99,000 start-ups in India as of 31 May 2023. This has helpedpull companies like Appleand AMD to the nation’s tech hubs.  The surge in internet users, projected to hit 900 million by 2025, up from 759 million in 2022, is largely driven by the increasing adoption in rural areas, contributing significantly to the expansion of the technology industry. Featured image: Night view of UB City, Bangalore by ‘Royal Challengers Bangalore’ via Flickr underCC 2.0 license.
767477
nan
Forbes
Paul Flick, Forbes Councils Member, Paul Flick, Forbes Councils Member https://www.forbes.com/sites/forbesbusinesscouncil/people/paulflick/
Three Tips To Leverage In-House Technology For Business Growth
Explore how harnessing in-house technology can extend your reach, generate industry buzz and create additional profit streams.
https://www.forbes.com/sites/forbesbusinesscouncil/2023/11/29/three-tips-to-leverage-in-house-technology-for-business-growth/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:15:00
Paul Flick is the CEO of Premium Service Brands, a leader in home services franchise opportunities. getty Technology is a powerful tool for small businesses. A whopping 95% of small businesses rely… [+4722 chars]
Art
Paul Flick is the CEO of Premium Service Brands, a leader in home services franchise opportunities. Technology is a powerful tool for small businesses. A whopping 95% of small businesses rely on at least one technology platform to increase efficiency, and 85% plan to ramp up their use of such platforms, according to the U.S. Chamber of Commerce. Approximately 61% of businesses use technology for marketing, and more than 50% use it for processing sales and customer communication. Implementing technology solutions can add to the bottom line of small businesses and improve customer service. Allowing customers to interact with your business digitally is also becoming the norm. A study conducted by Deloitte revealed small businesses that are digitally advanced “earned two times as much revenue per employee” versus businesses with little digital engagement. Customized Technology Solutions While there’s no shortage of companies offering technology solutions to help entrepreneurs, many businesses are turning to in-house or custom technology to meet their unique needs and deliver quality service to customers. Custom in-house technology can be useful for automating workflow, improving data analysis and facilitating project management. If the technology is successful in-house, there’s a chance it could be beneficial to other small businesses and have a broader market potential. Capitalizing on the success of your in-house technology by making it available to a wider audience can create additional profit streams and position your company as an innovator. There are many notable examples of companies that opted to leverage their technology solutions. Slack started as an internal communication tool for a gaming company, but it now boasts more than 200,000 paying customers worldwide and is used by 77 of the Fortune 100 companies, according to the company’s “About Us” section on its website. The developers of Square initially built a credit card reader after struggling to sell a piece of art. Today, Square, which has been renamed Block, helps power small businesses and is a “$54 billion financial powerhouse,” CNBC reported. The founders of Shopify intended to create an e-commerce platform for their online snowboard shop, and the platform is now used by thousands of businesses. While the odds of your technology turning into a household name are small, marketing your in-house technology can enhance your brand’s reputation and provide networking and new business opportunities. My own company, which is a franchisor specializing in the home services industry, wanted to improve customer service and help our franchisees open multiple brands. So, we created a rewards app that aims to simplify the process of finding quality home service providers. As part of the app, customers upload receipts to accumulate points, which can be redeemed for discounts and deals from our brands. Along the way, I’ve learned some tips on how you can determine if there’s a market for your in-house technology. 1. Assess demand. Take time to determine if your resolution has a broader scope and addresses a widespread problem. For instance, my team knew that the rise in private equity funding was enabling many franchisors to acquire a large portfolio of brands, and having a solution to improve customer lead generation is crucial, so we knew our product could be a helpful resource. To determine if your technology solution has a broader scope, use your intended audience for market research. Get feedback from them on the usefulness of the product. For example, before we launch our app, we’re pilot-testing the technology among our franchise community. Select a small sample of businesses in other industries, and allow them to beta test the technology at no cost to see if it streamlines their operations. If you are trying to reach a broader audience, allowing them to test the technology is beneficial. 2. Be prepared. Before you introduce your technology to a broader market, make sure you have the infrastructure in place to cater to a wider audience. In addition to pricing your technology competitively, you need to make sure you’re ready to be successful. For example, we outsourced our technology development for the project to ensure we had the resources of experts in the field. You can also network with a staffing company to explore the potential for hiring contract workers as demand for your technology ramps up. 3. Don’t get too distracted. Leveraging technology has perks, but it’s important not to get distracted from your core business. Don’t stretch your resources too thin or strain your finances. Entrepreneurs are visionaries. Staying nimble and continuing to find ways to add additional profit streams will help ensure the long-term success of your venture. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
767709
the-times-of-india
The Times of India
IANS
20 warships, 40 aircraft & Marcos to showcase prowess on Navy Day
The Indian Navy celebrates Navy Day on December 4 to commemorate "Operation Trident", the Navy's attack on Karachi harbour during the 1971 India-Pakistan War. The event will also showcase the Indian Navy's state-of-the-art ships and aircraft to the general pu…
https://economictimes.indiatimes.com/news/defence/20-warships-40-aircraft-marcos-to-showcase-prowess-on-navy-day/articleshow/105595934.cms
https://img.etimg.com/th…efence/photo.jpg
2023-11-29 11:49:17
The Defence Ministry said that the event will witness participation of 20 warships along with 40 aircraft comprising Mig 29K and LCA Navy as major attractions along with combat beach reconnaissance a… [+1284 chars]
Art
IANS The Defence Ministry said that the event will witness participation of 20 warships along with 40 aircraft comprising Mig 29K and LCA Navy as major attractions along with combat beach reconnaissance and assault demo by the Marine Commandos (Marcos) of the Indian Navy. This is the first time that the Indian Navy would be organising a mega event which is not taking place at any major Naval station. Built in 1660 by Maratha ruler Chhatrapati Shivaji Maharaj, the Sindhudurg Fort boasts of India's rich maritime history and also meets the Navy's requirement to conduct an operational demonstration with its frontline assets, a Defence Ministry official said. According to the Defence Ministry, the operational demonstration would commence on December 4. The Indian Navy celebrates Navy Day on December 4 to commemorate "Operation Trident", the Navy's attack on Karachi harbour during the 1971 India-Pakistan War. The event will also showcase the Indian Navy's state-of-the-art ships and aircraft to the general public and online viewers through a live telecast, the Defence Ministry official added. The Navy said that the event, hosted by Admiral R. Hari Kumar, Chief of the Naval Staff , will be witnessed from the Tarkarli beach by the senior Central and state government officials, military dignitaries and other people. The event will culminate with illumination of ships at anchorage followed by laser show at Sindhudurg Fort. The Sindhudurg Fort is located around 550 km from Mumbai. Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on navy sindhudurg fort navy day naval staff marine commandos lca navy indian navy (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition From the Internet to cloud to AI: the musical chair of strategy and performance in Indian IT industry How a humble bamboo can transform real-estate sector’s messy carbon problems Silent killer: India gasps for breath as COPD spreads to rural areas, affects non-smokers. Gold prices will be impacted by Fed moves, geopolitical scenarios and upcoming polls 3 insights to kick-start your day, featuring PhonePe’s latest big move Stock Radar: 11% rally in a month! This heavy equipment maker is likely to surpass Rs 5,000 levels to hit fresh highs 1 2 3 View all Stories
767755
the-times-of-india
The Times of India
ET Bureau
Adani Power to co-fire green ammonia at its Mundra Plant
As ammonia contains no carbon, there is no CO2 emission from its combustion, making it a long-term carbon neutral alternative to fossil fuels. Adani Power has already set a benchmark in the industry for ‘per-unit’ emissions and has adopted state of the art ‘U…
https://economictimes.indiatimes.com/industry/renewables/adani-power-to-co-fire-green-ammonia-at-its-mundra-plant/articleshow/105579633.cms
https://img.etimg.com/th…ctimes/photo.jpg
2023-11-29 04:13:47
Adani Power Ltd., Indias largest private sector power generator, will co-fire up to 20% green ammonia in the boiler of a conventional coal fired 330MW Unit at its Mundra power plant in Gujarat. Green… [+2248 chars]
Art
Reuters Adani Power has partnered with IHI and Kowa-Japan to deliver the pilot and examine expansion to other APL units and stations as well. Adani Power Ltd. , India’s largest private sector power generator, will co-fire up to 20% green ammonia in the boiler of a conventional coal fired 330MW Unit at its Mundra power plant in Gujarat. Green ammonia, produced from green hydrogen, which in turn is produced through electrolysis using renewable energy, would be a feedstock for the boilers. As ammonia contains no carbon, there is no CO2 emission from its combustion, making it a long-term carbon neutral alternative to fossil fuels. Adani Power has already set a benchmark in the industry for ‘per-unit’ emissions and has adopted state of the art ‘Ultra Supercritical technology’ in its newest plants, the company said in a press statement. Adani Power has partnered with IHI and Kowa-Japan to deliver the pilot and examine expansion to other APL units and stations as well. Kowa is active in energy saving and energy creating products, while IHI is a heavy industry company which has ammonia firing technology. Combustion tests at IHI’s facility in Japan have begun with 20% ammonia blend, simulating Mundra Power Station equipment. The partners believe that the results will be encouraging enough to implement this solution at the Mundra Power Station once economic parity is achieved between both feedstocks. The Mundra plant is the first location outside of Japan to have been selected for this cutting-edge green initiative. The project has been conceived under the aegis of Japan-India Clean Energy Partnership (CEP), which aims to ensure energy security, achieve carbon neutrality, and achieve economic growth. It has been selected under the New Energy and Industrial Technology Development Organization’s (NEDO) "International Demonstration Project for Japanese Technologies Contributing to Decarbonization and Energy Transition"*. NEDO is Japan’s national research and development agency that fosters innovation by promoting technological development necessary for realization of a sustainable society. “Adani Power is fully committed to reducing its carbon footprint through adoption of latest technologies and proactive measures across our business value chain. In furtherance of this vision, we are happy to partner with IHI and Kowa for blending green ammonia for our Mundra plant, which will reduce CO2 emissions. We will continue to integrate cutting-edge technologies increasingly to reduce emissions in the intermediate term,” said Anil Sardana, Managing Director, Adani Power Ltd. Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on adani power mundra plant green ammonia adani group gautam adani adani power ltd. (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Recommended Stories NIFCO South India to invest Rs 288 crore in Karnataka, will set up plant in Chikkaballapur Govt says 125 new projects taken up for exploration of critical minerals UltraTech Cement acquires cement grinding assets of Burnpur Cement for Rs 169.79 cr India targeting enrolment of half million foreign students by 2047, says Niti Aayog CEO Govt invites fresh bids from asset valuers of IDBI Bank Report on Sony merger risks collapse incorrect, clarifies Zee Entertainment German and Japanese companies can now deploy Kavach on Indian Railways Foot Locker announces partnership with Metro Brands and Nykaa Fashion India scrambles to add coal-fired power capacity, avoid outages: sources Walmart shifts to India from China for cheaper imports 1 2 3 4 5 6 7 8 9 10
767771
the-times-of-india
The Times of India
ANI
"No free lunches" says Rajnath Singh in push for quality in defence manufacturing
Rajnath pointed out that those countries that manufacture quality products export their equipment to countries across the globe. He added that due to the good quality, the prices of these platforms are quite high, but it should be kept in mind that importing …
https://economictimes.indiatimes.com/news/defence/no-free-lunches-says-rajnath-singh-in-push-for-quality-in-defence-manufacturing/articleshow/105596062.cms
https://img.etimg.com/th…efence/photo.jpg
2023-11-29 11:53:36
Emphasising the importance of quality in manufacturing defence-related equipment, Defence Minister Rajnath Singh said that there is "no free lunch" implying that one needs to pay the price for everyt… [+2747 chars]
Art
ANI Emphasising the importance of quality in manufacturing defence-related equipment, Defence Minister Rajnath Singh said that there is "no free lunch" implying that one needs to pay the price for everything, even for improving quality. "I would like to keep my thoughts on why quality is important in defence-related equipment. You all must have heard the phrase, 'There is no free lunch'. For everything, we have to pay a price...Similarly, for quality improvement, a free lunch is not possible," the Defence Minister said while addressing the plenary session of the DRDO Quality Conclave on Wednesday. Rajnath said that if one is making something of good quality, then he needs to improve his equipment, skills, workforce, and invest more capital as well. "If you are making something of good quality, then you need to improve your equipment, skills, and workforce. You have to invest more capital as well. When all these factors come together, a good-quality product is produced," Rajnath said. "All these are known as quality costs, or those that we spend on to improve quality," he added. Rajnath said that the harder one works, the better the outcome and the more it will be in demand. "I am a resident of eastern Uttar Pradesh , and we have a saying: the more ingredients you use, the better its quality will be. It is applicable to a range of things. The harder you work, the better the results. The more you focus on your product's quality, the more it will be in demand," he said. Speaking on the theme 'Quality Odyssey for Self Reliance in Defence Products' in New Delhi, the Raksha Mantri said that only quality products create global demand, and it will help in realising Prime Minister Shri Narendra Modi's vision of making India a global manufacturing hub and a net defence exporter. Rajnath pointed out that those countries that manufacture quality products export their equipment to countries across the globe. He added that due to the good quality, the prices of these platforms are quite high, but it should be kept in mind that importing countries are ready to pay even the highest prices for state-of-the-art products. Stressing that top-quality products bring credibility to the domestic defence industry, Rajnath stated that manufacturing such equipment within the country will generate increased global demand and bolster India's reputation in the international market. He also underscored the importance of cost control while manufacturing quality defence products. "Cost control should be given utmost importance; however it should not be at the expense of quality. We have to be globally cost-competitive, but it has to be done by remaining in the top-quality segment. We must move forward with this idea," Rajnath Singh said. The Raksha Mantri underscored the need to manufacture high-quality military systems that are effective, reliable, and safe and can enable the Armed Forces to accomplish their missions successfully. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on rajnath defence rajnath singh shri narendra uttar pradesh self reliance raksha mantri (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
767785
the-times-of-india
The Times of India
TNN
AMD opens its largest design centre in Bengaluru
Discover how AMD's largest design centre in India showcases the confidence global firms have in the country. Explore the cutting-edge semiconductor technology and leadership products developed at this state-of-the-art campus.
https://timesofindia.indiatimes.com/city/bengaluru/amd-largest-design-centre-india/articleshow/105577037.cms
https://static.toiimg.co…pad-40/photo.jpg
2023-11-29 02:49:08
8 vegetarian dishes from Kashmiri Pandit cuisine that are a must-try
Art
Bengaluru: AMD has inaugurated its largest global design centre in Bengaluru. The state-of-the-art campus plans to employ around 3,000 engineers in the coming years, focused on the design and development of semiconductor technology including 3D stacking, artificial intelligence, machine learning, and more. The campus was inaugurated by Ashwini Vaishnaw, Union minister for railways, telecommunications, electronics and information technology, AMD executive leaders including Mark Papermaster, executive vice president and chief technology officer.The AMD Technostar campus is part of the company’s $400 million investment in India over the next five years. Vaishnaw said, “India's semiconductor programme launched under the leadership of honourable PM Narendra Modi lays strong emphasis on supporting the design and talent ecosystem for semiconductors. AMD setting up its largest design centre in Bengaluru is a testament to theconfidence global companies have in India.” Papermaster said, “This new design centre will help propel technology and product development across the AMD portfolio, fueling the next generation of high performance, adaptive and AI computing solutions for our customers around the world.” Jaya Jagadish, India country head for AMD said, “The India design centre started with a handful of employees in 2004. Today, 25% of AMD’s global workforce is located in India and they support the development of AMD leadership products for data center, gaming, PC and embedded customers.”tnnWe also published the following articles recentlyAMD inaugurates its largest global design centre in IndiaUS-based chipmaker AMD inaugurates its largest global design centre in Bengaluru, India. The state-of-the-art campus, called AMD Technostar, will host nearly 3,000 engineers and focus on semiconductor technology development. The campus is part of AMD's $400 million investment in India over the next five years. It will serve as a centre of excellence for high-performance CPUs, data centre and gaming GPUs, and adaptive SoCs and FPGAs. The campus features R&D labs, a demo centre, a cafeteria, a gym, and a yoga centre for employee well-being.AMD opens largest design centre in Bengaluru, to hire 3,000 engineersAMD inaugurates state-of-the-art campus in Bengaluru, India, as part of their $400 million investment in the country over the next five years. The campus will employ around 3,000 engineers focused on semiconductor technology including 3D stacking, AI, and machine learning. The campus serves as a centre of excellence for high-performance CPUs, GPUs, and adaptive SoCs and FPGAs. The India design centre is a testament to the confidence global companies have in India's semiconductor program launched by Prime Minister Narendra Modi. This investment strengthens AMD's relationship with India and showcases their confidence in the exceptional engineering talent in the country.Bengaluru's Yeshwantpur being developed as world-class railway station: Ashwini VaishnawRailway Minister Ashwini Vaishnaw inspects the development of Yeshwantpur Railway Station, which is being transformed into a world-class station with an investment of Rs 377 crore. The station will feature a roof plaza with a children's play area and space for selling local products. This redevelopment project aims to connect both sides of the station and fulfill Prime Minister Narendra Modi's vision. The station is expected to cater to significant traffic in the next few decades due to its integration with suburban, mainline railway, and Metro systems. The Railways is advised to plan for future expansion and allocate sufficient land accordingly.
767864
bbc-news
BBC News
https://www.facebook.com/bbcnews
Music keeps dreams alive 10 years after Clutha tragedy
A decade after one of Glasgow's darkest nights, music is healing hearts and helping new generations.
https://www.bbc.co.uk/news/uk-scotland-glasgow-west-67521639
https://ichef.bbci.co.uk…es-453289035.jpg
2023-11-29 13:27:11
A Friday night out in Glasgow - good banter and a live band - was brought to a shocking end when a Police Scotland helicopter dropped out of the sky and onto the roof of the pub. Hundreds of flowers… [+5810 chars]
Art
A Friday night out in Glasgow - good banter and a live band - was brought to a shocking end when a Police Scotland helicopter dropped out of the sky and onto the roof of the pub. Hundreds of flowers were laid in the street opposite the wreckage of the Clutha bar in the days that followed - and alongside them lay a guitar. Its owner echoed the hopes of a broken-hearted city with the message written on it in bold black marker "may your music, love and laughter live on". It is that sentiment which seems to have guided the Clutha Trust, the charity set up in the aftermath of the helicopter crash which killed 10 people on 29 November 2013. Mary Kavanagh is the trust's treasurer. She was in the pub on the night of the crash with her partner Robert Jenkins. "Music brought Robert and I together," Mary says. "We started coming and very quickly I sensed a community, that people were here for the same thing." Mary managed to walk out of the pub that night. She turned around to find Robert did not follow. She says: "I had gone outside and I could see the tail of the helicopter sticking out the pub, but even then it just didn't compute. "I was covered in dust and I could see people coming out with injuries and I was more concerned that something awful had happened but I didn't know what had happened and the fact that Robert wasn't coming out." It was an agonising two days before police could finally confirm Robert had been found dead in the rubble. Mary says that being involved in the Clutha Trust has helped her recovery from the tragedy. The trust helps the city's young people to develop skills in the arts and particularly through music. It was music that attracted people to the Clutha pub, and the music and company that always brought them back. Nurturing future generations of musicians has been the way the Clutha community has paid its own tribute to the loved ones lost. "It's brilliant," says Mary. "Whether it be the young ones who go on the stage and sing or the young ones who we donate guitars and musical instruments to, their faces just light up and it means so much to me that I'm part of this." All the more special, she says, because Robert would very much have approved. Some of the Clutha Kids have now found their feet in the music industry. Others are well on their way, like 18-year-old Dan Parks who has just secured his first headline set at the city's SWG3 venue. He says that was only made possible due to the confidence and commitment that came from the Clutha Trust's encouragement and giving him a spot on the Clutha stage to hone his craft. "The first time I walked through the door of the Clutha, Paul Weller's guitar was handed to me," Dan says. "I thought I could keep it but I had to put it back up on the wall," he smiled Thanks to the trust, he has performed at the famous Barrowland music venue and now his band is set to headline its first gig. "Without the Clutha here, it wouldn't have been possible," he says. Emma Sarginson, now 23 and a new mum herself, was one of the original Clutha Kids. "Just to be able to say I performed in the Barrowlands is a brilliant experience," she says. "I've been involved with the Clutha since I was about 14, and the support has been a really big factor [in keeping me involved in music]." Liam Moti is also 23, is now at college studying music. After the support he's had from the trust he sees himself "in 10 years still making music and making people happy", he says. Sam - who is 14 - was just four years old on the bitterly cold night of the crash. "I think that everyone who comes in here and plays has an experience of a lifetime," he says. "I think the ones that are looking down on us, that unfortunately passed away, will be thinking we need to have fun and we need to go out and enjoy playing and enjoy having music, because that's what the Clutha was for," Sam says. Ten years on, founder of the trust, Alan Crossan, has big plans for the future. The vision is for a new building on the Clutha site which will incorporate the pub, a theatre, facilities for kids to learn music as well as art and drama. Apartments above could bring an income to secure the trust's work. Alan says: "We hope that these musicians, that we've given the chance to, will become famous and come back and help the Clutha. "Music is the biggest part of it, Clutha is all about music." The pub will mark the anniversary in the only way it knows - with a gig led by its own choir, put together to spread community spirit and mark the anniversary. At their rehearsal, Fiona Mackinnon had tears in her eyes as she revealed her reason for joining. "I was a regular in the Clutha and it feels close to home," she says. "I knew two of the people who were killed. "It was devastating. It was a place that held so much happiness. It's very special for me. "If I hadn't had a chest infection I would have been there that night. "Singing on the night will be very emotional but I am doing it for them." From tragedy to hope and togetherness, a new BBC ALBA documentary Clutha reflects on the night that shocked the people of Glasgow and the world. Available on BBC iPlayer and BBC ALBA from 21:00 on 29 November. .
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nan
Forbes
Expert Panel®, Forbes Councils Member, Expert Panel®, Forbes Councils Member https://www.forbes.com/sites/forbescommunicationscouncil/people/expertpanel/
15 Common Mistakes To Avoid When Using Generative AI In Social Media Campaigns
Learning from these mistakes is crucial for companies seeking to responsibly and effectively harness the power of generative AI in their digital marketing initiatives.
https://www.forbes.com/sites/forbescommunicationscouncil/2023/11/29/15-common-mistakes-to-avoid-when-using-generative-ai-in-social-media-campaigns/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:15:00
getty As businesses increasingly integrate generative AI into their social media strategies, there is a lot of potential for success and innovation. However, using this ever-evolving technology is n… [+7748 chars]
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As businesses increasingly integrate generative AI into their social media strategies, there is a lot of potential for success and innovation. However, using this ever-evolving technology is not without risk. For instance, AI may inadvertently amplify biases in content creation or generate inaccurate information. Understanding and learning from these mistakes is crucial for companies seeking to responsibly and effectively harness the power of generative AI in their digital marketing initiatives. Below, 15 Forbes Communications Council members share some significant missteps companies make when leveraging generative AI in social media campaigns, along with tips to make your business's content stand out. 1. Relying Too Heavily On AI To Do The Job An over-reliance on AI is a mistake. Social media is unique in that it's rooted in connection, with platforms designed to be one-to-one or one-to-many messaging. Inherently, this means messages need to be authentic and personal. While generative AI can be very helpful in finessing a message, it shouldn't be tasked with creating one, as that's where authenticity, real connection and unique perspective are put at risk. - Niki Hall, Five9 2. Failing To Verify Content Credibility When using generative AI on social media, keep in mind that AI often acts as a storyteller, aiming to provide an answer, but not always prioritizing its accuracy. It's essential to remember that not every piece of information generated is factual. When your content involves historical or scientific data, check it through reliable sources or use Google for verification to ensure credibility. - Dariia Opanasiuk, Impulse - Brain Training 3. Posting Exactly What Is Generated Generative AI dramatically shortens the time it takes to write social media posts; however, it's a mistake to just roll with exactly what the AI provides you with. Once you have the AI-generated content, it's important to make sure it's refined for your brand voice, appropriate for the social media channel you are using and accurately reflects the message you are trying to convey. - Kathy Sucich, Dimensional Insight 4. Using AI As A 'One-Stop Shop' Brands with great social media content leverage an authentic voice to reach their target audience and have a lasting impact. AI-generated content can often come out sounding formulaic and stiff and lacks the individual personality that will resonate with social media users. Using tools like ChatGPT can be a great starting point, but your efforts should not stop there. Generative AI is not a one-stop shop. - Sarah Esteverena, Acceleration Partners 5. Lacking Insight When It Comes To Legal And Compliance Issues Lack of oversight around legal and compliance issues immediately comes to mind as a potential mistake. Even with the best intentions and well-thought-out prompts, AI-generated content could violate trademark, copyright or other legal regulations that set your brand up for trouble. AI is a powerful tool for marketers and needs to be carefully implemented for maximum value. - Christy Thompson, Milliken 6. Treating AI As Infallible Considering AI to be a single infallible source of truth and outcomes is a mistake. You always need to make sure that the content prepared by AI follows your brand guidelines and doesn't miss the human feeling. I've seen too many social media posts so generic and clearly written by AI, with no real connection to the company and its products or services. - Jenda Perla, Kentico 7. Over-Automating Social media is a social platform, and automating interactions to the extent that it erodes the genuine connection between a brand and its audience is a mistake. Over-automation can lead to a generic, impersonal presence that alienates followers, resulting in inappropriate responses to sensitive issues and damaging your reputation. Companies should balance automation and human intervention. - Antony Robinson, Novalnet AG 8. Using AI In Already Established Relationships So far, getting messages from someone on social media that were AI-generated without review has been a huge mistake. I knew this person and had met them in person multiple times, but the messages I received on social media did not make sense considering our previous conversations. If you are using AI, you need to review and make sure the messages you are sending are relevant or else do not use AI on established relationships. - Sarah Lero, A.L. Huber Forbes Communications Council is an invitation-only community for executives in successful public relations, media strategy, creative and advertising agencies. Do I qualify? 9. Using AI As The Sole Content Creator One big mistake when it comes to using generative AI for social media content is a lack of editing. Using AI to help create content shouldn't be just a click of a button—it should be edited to reflect your tone of voice and, of course, fact-checked. The best way to use generative AI, in my opinion, is to view it as an assistant, not an additional social media manager or content creator. - Bradley Keenan, DSMN8 10. Failing To Use AI As A Customer-Collaboration Tool It’s not necessarily a mistake, but an opportunity that many B2B companies have is to ask their audiences to use generative AI in their social engagement with them. B2C companies, such as Coca-Cola, recently launched their own AI platform, powered by GPT-4 and DALL-E, where creators can make their own digital artwork using on-brand elements. Winners were featured on digital billboards. - Rekha Thomas, Path Forward Marketing LLC 11. Treating AI Outcomes Like The Final Product It's a mistake to treat generative AI as a seasoned content producer. At best, AI is on par with a junior copywriter. The ideas aren't necessarily bad, but the facts can be incorrect, the conclusions too shallow and the overall product bland. AI is a great way to throw several ideas at the wall quickly and find what sticks, but the further AI is from the final product, the greater the campaign's impact will be. - Chris Haller, RealCount 12. Using AI For Direct Interactions A big misstep companies often make is over-relying on AI-generated content for direct interactions. AI can craft compelling narratives or visuals, but it lacks a nuanced understanding of human emotions and cultural subtleties. When brands use AI to make or respond to comments or engage in real-time dialogue, they risk appearing impersonal and detached, eroding crucial trust and authenticity. - Vikas Agrawal, Infobrandz 13. Failing To Train AI To 'Learn' Your Company's Voice Unless you train ChatGPT or another generative AI platform to write in your company's voice, your social media posts may sound off-brand and out of step with the rest of your messaging. You can address this with human intervention in the results before posting or by training the AI to write in your brand voice. That is achievable, but takes additional time, especially up front. - Tom Wozniak, OPTIZMO Technologies, LLC 14. Trusting AI To Use Recent Data Generative AI is a great starting point for content ideation and brainstorming, but it's worth noting that the majority of large language models are not trained on recent data. Even more imperative is that if you are devising content around an entire greenfield area, generative AI won't be as useful given it's looking at the past to construct a response to your query. - Patrick Ward, Formula.Monks 15. Damaging Your Company's Reputation With Inaccurate Content A notable mistake companies can make is neglecting to fact-check the AI's output. It is crucial to review its responses and ensure accuracy. For instance, ChatGPT may provide outdated info when discussing topics like monarchs, government officials and international policies. Inaccurate data can damage your company's reputation and not only result in PR challenges but potentially legal ones as well. - Maria Amalia Rojas, XWECAN
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nan
Forbes
Antoine Boquen, Forbes Councils Member, Antoine Boquen, Forbes Councils Member https://www.forbes.com/sites/forbesbusinesscouncil/people/antoineboquen/
How Remote Hiring Can Strengthen Global Customer Satisfaction
People often discuss how remote hiring can benefit your company from an HR or payroll perspective, but less is said about how remote hiring benefits your customer.
https://www.forbes.com/sites/forbesbusinesscouncil/2023/11/29/how-remote-hiring-can-strengthen-global-customer-satisfaction/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:00:00
Antoine is the cofounder and CEO of Horizons, a global Employer of Record (EOR) that helps companies hire employees in 180+ countries. getty People often discuss how remote hiring can benefit your … [+6176 chars]
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Antoine is the cofounder and CEO of Horizons, a global Employer of Record (EOR) that helps companies hire employees in 180+ countries. People often discuss how remote hiring can benefit your company from an HR or payroll perspective—reducing costs and opening up access to better talent. But less is said about how remote hiring benefits your customer. Drawing on my experience supporting hundreds of companies to hire internationally, I wanted to draw out the "customer wins" for remote companies. Why Remote Hiring Means Global Hiring While remote hiring itself is now well-embedded—with the latest stats showing that over one-third of workers are now remote—some companies are still intimidated by overseas remote hires. With an international remote team, you may save on total payroll and talent acquisition costs, and also give yourself the widest possible talent pool for hiring: Wherever you are based, if the best developer who applies for the role is based in Estonia, then you can hire them. But I've also seen how an international remote team can benefit your customers. This is what I want to explore below: How Remote Hiring Benefits Your Customers Everyone is tired of the one-size-fits-all, script-based, call center: It's doubly frustrating where a language disconnect leads to miscommunication on either side. Service providers with a globally distributed remote team don't need to plonk customer support down in just one location. For example, in our own business, having a global remote team means that our South African customers are always supported by a South Africa-based account executive. For any business with international customers, remote hiring makes it easy for you to base your support team where customers need them. Are your corporate clients themselves interested in testing their products or services overseas? With a remote team, you can ease the path for your customers through your on-location team members. As an example, if one of our clients asks us whether they can successfully target the India consumer market, our team based just outside Delhi can offer immediate insights into how market entry would work. How can a remote team help make your business a 24/7 operation? Around-the-clock customer support is one answer— something rather hard to achieve with your entire team based in the same country and time zone. But the benefits go much further. What about a SaaS startup needing an urgent code fix? Or overnight review of an employment contract? In September, a prominent business commentator suggested that, via remote work, the opposite time zone means that New Zealand could become the overnight professional service base for Europe and North America. The point is clear: Whether you have team members in New Zealand, Australia, Singapore or the Philippines, why not use the time difference to put a rocket under your global ops? When something goes wrong in one country, a remote workforce can support the business to continue without interruption and loss of efficiency. For example, I'm based in our regional headquarters in Shanghai and extensive Covid lockdowns meant I couldn't leave the country for extended periods of time to connect with our clients. However, as a remote-first company, management based in Germany and the U.S. could continue to ensure our clients received A+ care. Without a distributed team, your company is vulnerable to any disasters or unexpected events that crop up. Having team members based in multiple overseas locations opens up your business to new opportunities for networking. For example, our business development team is distributed through the European startup hubs of Berlin, Lisbon and Amsterdam. Through them, we are connected to those specific business communities. This, in turn, makes it easy for us to connect our own customers with potential overseas partners in those entrepreneurial hot spots. Dealing With The Challenges Of Global Teams Working with a globally distributed remote team does come with some challenges too of course: • Language and cultural differences can lead to an occasional misunderstanding. • Supervision and mentorship of more junior employees may not come as naturally. • It can be difficult to foster team spirit remotely and over distance and multiple time zones. Below I offer some best practice tips, based on my own experience, to help you overcome these issues. Best Practices When Working With A Global Team If you do go with a global team, here are some suggestions on how you can make that work: As mentioned, one of the benefits of global remote teams is having customer support in different time zones. Async work—employees working on their own time, relatively uninterrupted—makes a lot of sense; however, for work that doesn't require close contact with clients or teammates: The evidence shows that it allows for a degree of focus and depth that is not otherwise achievable. Onboarding employees remotely is not the same as doing it in person. You need to have a program in place to make sure that mentorship and team-building translate into a remote setting: Virtual coffee breaks and team-building exercises are a good way of doing this. With a global remote team, it is still important to meet up in person from time to time. Now that the pandemic is over, my company meets in person at least once per quarter, whether in Berlin, Shanghai, Singapore or somewhere else. This sets up work relationships well to be further developed in a remote-first context. The Whole-Of-Business Benefits Of Remote Work Remote-first isn't just about reorienting your people/HR function. It's a change in business philosophy, freeing your enterprise from one physical location and providing new opportunities for you to empower your own clients and customers. Through a remote, globally distributed team, you can support your customers better, no matter where they are based, and no matter where they seek to expand. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
767928
nan
Globalsecurity.org
John Pike
Adding fuel to the fleet
Two Australian warships contributed to the high tempo of a Japan-led maritime exercise in the Philippine Sea.
https://www.globalsecurity.org/wmd/library/news/australia/2023/australia-231129-audod01.htm
nan
2023-11-29 07:27:30
By Lieutenant Max Logan29 November 2023 Two Australian warships contributed to the high tempo of a Japan-led maritime exercise in the Philippine Sea. Exercise Annualex included units from the Japan… [+2945 chars]
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By Lieutenant Max Logan29 November 2023 Two Australian warships contributed to the high tempo of a Japan-led maritime exercise in the Philippine Sea. Exercise Annualex included units from the Japan Maritime Self-Defense Force, US Navy, Royal Canadian Navy, Royal Australian Navy and Royal Australian Air Force, as well as observers from the Philippine Navy. Annualex aimed to strengthen enduring relationships while sharpening naval and air proficiencies as part of Australia's commitment to stability and security in the shared regions of participating nations. For the hardworking crews of HMA ShipsBrisbaneandStalwart,the key serials included anti-submarine warfare, flying operations and replenishments at sea. Leading Seaman Matthew Grimwood, a combat systems operator fromBrisbane, said working alongside the other participating forces was a great opportunity, particularly with the presence of the US Navy ship USSCarl Vinson- a behemoth more than 330m long. "Seeing the aircraft carrier up that close was really cool," he said. "It was a great opportunity to work with such an advanced naval capability. "Working side by side with our partner nations was a great learning experience for the entire crew of HMASBrisbane." StalwartCombat Systems Manager Chief Petty OfficerAaron Robinsonsaid the tempo had been high, especially when conducting multiple replenishments at sea in a single day, withStalwartnotching four within an eight-hour period. "During Annualex,Stalwart'screw got to show our allied partners what we can do by providing underway logistical support and enhancing task group interoperability and sustainability," Chief Petty Officer Robinson said. "A busy replenishment at sea schedule of refuelling JSYugiri,a dual replenishment at sea with USSKiddand JSHyuga, and finally refuelling HMASBrisbaneis all in a day's work for the crew ofStalwart." StalwartAircrewman Leading Seaman Brad Firkin said the exercise was a valuable opportunity. "Annualex has providedStalwart'sembarked flight crew with some extremely rewarding and diverse flying from international cross-decks to vertical replenishments and anti-submarine warfare training with our strategic partners," Leading Seaman Firkin said. "There has been a great sense of achievement for the whole team knowing we are enhancingStalwart'scapability all while being the first flight to embark in an auxiliary oiler replenishment ship during a deployment." Director General Maritime Operations Commodore Mick Harris attended the Annualex opening ceremony on boardCarl Vinsonand expressed the importance of Australia's participation. "The Royal Australian Navy is pleased to again join with our regional allies and partners to deepen our longstanding relationships, further enhance our ability to operate together at sea and to support our region's security and prosperity," he said. Brisbane, StalwartandToowoombaare continuing to conduct regional presence deployment activities in South-East and North-East Asia.
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nan
International Business Times
Joe James
How CIBN Connect Helps Individuals And Entities Achieve Staggering Growth Through Modern Networking
CIBN Connect, a community of entrepreneurs, business owners, and sales professionals from all over the globe, understands the utmost importance of connecting through networking.
https://www.ibtimes.com/how-cibn-connect-helps-individuals-entities-achieve-staggering-growth-through-modern-networking-3719650
https://d.ibtimes.com/en…0/networking.png
2023-11-29 13:18:31
Most, if not all, business owners know the significance of a high-quality business network. Broadening their list of professional contacts and retaining positive relationships with not only their cli… [+3090 chars]
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Most, if not all, business owners know the significance of a high-quality business network. Broadening their list of professional contacts and retaining positive relationships with not only their clients, but also other experts in the industry, will help them stay updated on trends and developments in their respective sectors, enabling them to receive and offer valuable information that opens up new opportunities they might otherwise not find on their own. Networking provides numerous benefits, such as identifying business leads, understanding industry standards and practices, staying informed about key trends, increasing brand awareness, and receiving mentorship. CIBN Connect, a community of entrepreneurs, business owners, and sales professionals from all over the globe, understands the utmost importance of connecting through networking. CIBN Connect has mastered networking to a T, enabling them to develop a unique and modern networking approach that actually works. The primary objective of the leading networking company is to help entrepreneurs and business owners network profitably through training and mentoring for tangible results. Unlike traditional networking methods, CIBN Connect's strategy entails taking the hand of the entrepreneur or business owner and guiding them through the entire networking journey in less time and for less money, without assuming they know how to network -- a common mistake networking advisers or companies commit. Kerry George, the CEO of CIBN Connect, noted, "We realized that there's a difference between being told to utilize networking and being trained to do so. We can't just hope for entrepreneurs or business owners to wing it and hope it all works out." The leading networking company offers a Social Media Boot Camp, a course for beginners and experts wanting to learn the basics of properly utilizing social media platforms and other practical information they can immediately apply to their businesses to boost revenue growth. Other courses CIBN Connect provides include the Max Plus sales program, which focuses on leveraging sales contracts, and the Quarter Launch, which aids business owners in making SMART (specific, measurable, achievable, relevant, and time-bound) goals and assessing their 90-day projections. There is also the Excalibur MasterMind Program, which teaches "masterminds" how to employ a strategy that will bring them over $150,000 annually. Interested individuals can join CIBN Connect's networking memberships. With a growing networking group across the United States, Canada, and Europe, CIBN offers an online and in-person membership open to everyone. The networking company also offers the Bold, Beautiful & In Business women's networking membership, which comes with training sessions on social media and more. CIBN Connects founder Kerry George is set to publish a new book called "Smart Networking: The $150,000 Method," which details how business owners could increase their bottom line revenue by $150,000 in a year through business networking. Ultimately, the exceptional team behind CIBN Connect continues to help entrepreneurs, business owners, and sales professionals achieve success through modern networking. For more information, please visit CIBN's YouTube ChannelHERE
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nan
Globalsecurity.org
John Pike
Chinese navy drops anchor in Myanmar for joint drills
Three Chinese naval vessels have arrived at Thilawa Port in Yangon for joint drills with Myanmar's navy amid insurgent conflict along the neighboring nations' shared border, according to the country's military and pro-junta media reports.
https://www.globalsecurity.org/wmd/library/news/china/2023/11/china-231128-rfa01.htm
nan
2023-11-29 07:27:30
The arrival comes amid insurgent conflict along the border in northern Shan state. By RFA Burmese 2023.11.28 -- Three Chinese naval vessels have arrived at Thilawa Port in Yangon for joint drills wi… [+5211 chars]
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The arrival comes amid insurgent conflict along the border in northern Shan state. By RFA Burmese 2023.11.28 -- Three Chinese naval vessels have arrived at Thilawa Port in Yangon for joint drills with Myanmar's navy amid insurgent conflict along the neighboring nations' shared border, according to the country's military and pro-junta media reports. Nearly 700 sailors with a Chinese naval task force landed at Myanmar's largest city on Monday aboard the destroyer Zibo, frigate Jingzhou and replenishment vessel Qiandaohu to take part in a maritime security drill and a goodwill visit, the Commander-in-Chief of Defence Services website said. Details about the date, location and format of the drills were not made publicly available. Junta Deputy Information Minister Major-General Zaw Min Tun categorized the visit as typical of two "strategic partners" who have "established a strong friendship between militaries." But the arrival of the three vessels comes amid bilateral tensions stemming from a surge of conflict in northern Myanmar along the border with China since late October. In the month since the "Three Brotherhood" Alliance of the Myanmar National Democratic Alliance Army, the Arakan Army and the Ta'ang National Liberation Army launched an offensive on Oct. 27 dubbed "Operation 1027" the rebels have made notable gains against the military in several key cities in Shan state in the country's northeast. The alliance claims to have captured more than 170 military outposts since the start of the campaign. In an address to the National Defense and Security Council on Nov. 8, junta chief Senior-General Min Aung Hlaing said that the Myanmar National Democratic Alliance Army, or MNDAA, has been using drones to attack the military, which he noted "can easily be bought in China." Not long after, pro-junta supporters staged a protest in front of the Chinese Embassy in Yangon, accusing Beijing of supplying arms to the Three Brotherhood Alliance. In the meantime, China's People's Liberation Army on Nov. 25 began conducting live-fire drills in southern Yunnan province near the border with Shan state. Chinese state media has run footage of the drills involving armored vehicles, artillery shelling and small arms fire, saying they are aimed at "safeguarding national sovereignty, border stability and the lives and property of the people against repercussions from civil war in northern Myanmar." Shoring up ties Hla Kyaw Zaw, a China-based analyst of Myanmar affairs, told RFA Burmese that the visit is meant to reinforce the trade relationship of the two neighboring nations amid the border conflict. "The military recently raised an anti-Chinese voice, but now has praised the tour of Chinese vessels as a success in diplomatic relations," he said. "China has made a lot of investments in its business across the world. It is also a major trade partner of more than 100 countries. So, China is seeking to maintain good relationships with its trade-partner countries." Political and military commentator Aung Myo, a former officer in the Myanmar military, told RFA that China's visit is meant to show support for the junta. "China has made a visit of navy vessels to offer their guarantee of a constructive, strategic relationship with Myanmar, and it is likely meant to relieve junta suspicions that China is involved in the armed conflict in northern Shan state," he said. "Another message is to show that the influential power of China is standing with the [military] and its supporters." However, political commentator Than Soe Naing noted that the joint drills were scheduled before the start of Operation 1027 in northern Shan state, suggesting they are not meant to signal support for the junta. "The visit of the navy vessels is likely to be part of a goodwill tour and does not indicate Chinese support for the junta in its armed conflict," he said. "China has expressed an unwillingness to take any sides - either that of the military or the resistance forces - while calling for peace dialogue." On Oct. 27, the day that Operation 1027 began, China's foreign ministry called for dialogue to end the conflict. Since then, there have been several high-level meetings between Chinese and junta officials in both China and Myanmar that have included talks on the fighting in Shan state, but clashes have continued, and the analysts RFA spoke with say there is no end in sight. Attempts by RFA to contact the Chinese Embassy in Yangon for comment on the drills and the state of Myanmar-China relations went unanswered Tuesday, as did requests for comment to junta officials. From Nov. 7-9, junta troops conducted drills alongside around 800 sailors and three destroyers from the Russian navy in the Bay of Bengal near Myeik township in southern Myanmar's Tanintharyi region. Translated by Aung Naing. Edited by Joshua Lipes and Malcolm Foster. Copyright 1998-2023, RFA. Used with the permission of Radio Free Asia, 2025 M St. NW, Suite 300, Washington DC 20036. For any commercial use of RFA content please send an email to: mahajanr@rfa.org. RFA content November not be used in a manner which would give the appearance of any endorsement of any product or support of any issue or political position. Please read the full text of our Terms of Use.
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nan
Globalsecurity.org
John Pike
CTF-68 Seabee Divers and Georgia Coast Guard Build Partnership in the Black Sea
U.S. Navy Seabee divers assigned to Commander Task Force (CTF) 68 conducted a six-week exercise with the Georgian Coast Guard in Batumi and Poti, Georgia in an effort to build a stronger relationship and improve maritime security.
https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-usn01.htm
nan
2023-11-29 07:27:23
US Navy 28 November 2023From Courtesy Story BATUMI, Georgia -- U.S. Navy Seabee divers assigned to Commander Task Force (CTF) 68 conducted a six-week exercise with the Georgian Coast Guard in Batum… [+4679 chars]
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US Navy 28 November 2023From Courtesy Story BATUMI, Georgia -- U.S. Navy Seabee divers assigned to Commander Task Force (CTF) 68 conducted a six-week exercise with the Georgian Coast Guard in Batumi and Poti, Georgia in an effort to build a stronger relationship and improve maritime security. CTF-68 sent divers assigned to Underwater Construction Team ONE (UCT 1), to Georgia from mid-September to the end of October to work with Georgian Coast Guard divers to begin port security infrastructure enhancements in Batumi and Poti. The project adds new security features to the ports and is part of a larger maritime domain awareness program that provides U.S. assistance to the Georgian Coast Guard in coordination with complimentary NATO and Allies and partners efforts.The port security enhancement project required the divers and Georgian Coast Guard personnel to complete a range of tasks involving small boat operations, diving, underwater concrete placement, hydrographic and topographic surveying, and use of underwater hydraulic tools. "Coming to Georgia and working with the Georgia Coast Guard has been a fantastic experience," said Chief Equipment Operator, Joey Rodriguez, Master Diver, assigned to UCT 1 Dive Detachment Bravo. "We are very excited to visit Georgia and experience the culture and hospitality of our new friends." During their deployment to Georgia, the Seabee divers were also able to assist with development a new European Command Humanitarian Mine Action (HMA) program with the Georgian Coast Guard and the Georgian Special Forces Maritime Detachment (MARDET). This program will build the Georgian capability to respond to explosive threats within Georgian maritime territory. The Seabee divers conducted a review of the Georgian Coast Guard divers training, equipment and maintenance programs in order to make recommendations on how the new HMA program should progress. Since a floating sea mine exploded near a beach in Batumi last February, the Georgian Coast Guard has prioritized building the capacity and capability to deal with this new threat to maritime commerce and public safety. "We have an acute focus on building the overall Georgia Coast Guard capability, specifically the ability to respond to drifting sea mines," said Captain Ramaz Papidze, commander of the Georgian Coast Guard. "We intend to increase the quantity of divers within the Georgian Coast Guard and enhance our Maritime Domain Awareness. We are very happy to host the U.S. Navy Divers here in Georgia again." The Black Sea ports of Poti and Batumi are important ports to U.S. 6th Fleet as Georgia plays a critical role in maintaining security and stability in the Black Sea and is a valuable partner in this region. "The work completed by UCT 1 was nothing short of superb and is symbolic of our strong relationship with the Georgian Coast Guard" said Mr. Steve Bower, U.S. Maritime Advisor to the Georgia Border Police. "The team integrated seamlessly with the Georgian Coast Guard and overcame many challenges to make this mission a success." CTF-68 has conducted numerous exercises with both the Georgian Coast Guard and Georgian Army over the last year, including the building of a new intermodal railhead project at the Port of Poti which enables the Georgian Ministry of Defense to distribute cargo and heavy equipment across the Caucasus region. "What the Seabees in Poti have been doing with my engineers is incredible" said Lt. Col. Levan Shubiti, commanding officer of Combat Engineer Battalion West, Republic of Georgia Army. "We are very excited to have an opportunity to learn new construction skills and partner with the U.S. Navy Seabees." Underwater Construction Team 1 is forward deployed to execute construction, humanitarian assistance, and theater security cooperation in the U.S. Naval Forces Europe and 6th Fleet areas of operation in direct support of CTF-68. CTF-68, headquartered in Rota, Spain, commands all Navy Expeditionary Forces in U.S. European Command and U.S. Africa Command areas of responsibility and is responsible for providing EOD operations, naval construction, expeditionary security, and theater security efforts in direct support of U.S. Naval Forces Europe-Africa and U.S. 6th Fleet. For over 80 years, U.S. Naval Forces Europe-Africa (NAVEUR-NAVAF) has forged strategic relationships with allies and partners, leveraging a foundation of shared values to preserve security and stability. Headquartered in Naples, Italy, NAVEUR-NAVAF operates U.S. naval forces in the U.S. European Command (USEUCOM) and U.S. Africa Command (USAFRICOM) areas of responsibility. U.S. 6th Fleet is permanently assigned to NAVEUR-NAVAF, and employs maritime forces through the full spectrum of joint and naval operations.
767980
nan
Globalsecurity.org
John Pike
Analysts: Vietnam's Island Expansion Aims to Counter China
Vietnam is dredging and filling out the Spratly Islands in the South China Sea, a move that appears to be aimed at countering China's assertive behavior in the disputed waters, analysts said.
https://www.globalsecurity.org/military/library/news/2023/11/mil-231128-voa04.htm
nan
2023-11-29 07:27:23
By An Hai November 28, 2023 Vietnam is dredging and filling out the Spratly Islands in the South China Sea, a move that appears to be aimed at countering China's assertive behavior in the disputed w… [+5703 chars]
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By An Hai November 28, 2023 Vietnam is dredging and filling out the Spratly Islands in the South China Sea, a move that appears to be aimed at countering China's assertive behavior in the disputed waters, analysts said. Recent Vietnamese expansion work in the Spratly Islands, which began in 2021, was most noticeable at Barque Canada Reef, according to a report last week by the Washington-based Center for Strategic International Studies' Asia Maritime Transparency Initiative (AMTI). The report said Vietnam created 0.84 square kilometers of land in the past year. Vietnam's reclamation work on Barque Canada Reef, known as Bai Thuyen Chai in Vietnamese, is progressing rapidly, already making it the largest Vietnam occupied feature in Spratly Islands, according to the South China Sea Probing Initiative (SCSPI), a Chinese think tank. Since July, nearly 0.56 square kilometers has been reclaimed, and may involve building a second airfield on the Vietnam occupied features, said the Beijing-based defense group on X, formally known as Twitter, on November 22. China claims the Spratly Islands and Paracel Islands as its own maritime territories and has been expanding military installations on the island chains. The Chinese government-backed researchers said while China and the Philippines engage in frequent confrontations over Second Thomas Shoal, a submerged reef in the Spratly Islands, Vietnam is "quietly making some major breakthrough in the land reclamation in the Spratly Islands." Up to now, 3.22 square kilometers has been expanded, SCSPI added. The Chinese and Vietnamese embassies in Washington, and the foreign ministries of the two nations did not respond to VOA's requests for comments. In October 2023, Vietnam began new dredging at two additional outposts, AMTI said. "The continued dredging and construction work shows that Vietnam remains very anxious about China's militarization and coercive behavior in the South China Sea and is working to ensure it can maintain access to the reefs and waters claimed by Hanoi," Gregory Poling, director of the AMTI, told VOA Vietnamese in an email on November 20. "So far the construction appears defensive in nature, and it remains at a smaller scale than that of China," he said. "But the use of cutter suction dredgers, albeit in a limited capacity, is problematic." A cutter suction dredge "cuts hard soil into fragments with a rotating cutter head," according to DredgingToday. "The material is sucked up by dredge pumps and discharged to a deposit area through pipelines across sea and land." According to Poling, Vietnam's use of cutter suction dredgers is much more environmentally destructive than its previous dredging methods. According to the Wilson Center's New Security Beat, "dredging breaks up coral reefs, disturbs ecosystems by changing wave patterns, and disrupts the migration corridor of many species through the South China Sea." Since AMTI last surveyed these efforts in December 2022, Vietnam has created another 1.33 square kilometers of land, bringing its total during the current spate of building to 3.0 square kilometers. Work on the new outposts could play into Chinese information operations that seek to paint Vietnam as the real destabilizer in the disputes. Vietnam's expansion totals only about a quarter of the more than 12.9 square kilometers of land created by China from 2013 to 2016, but is more island expansion than any other claimant besides China has undertaken, the U.S. think tank said. Taiwan, Brunei and Malaysia also have claims to the waters. Since 2013, Vietnam and the other claimant states have watched China build artificial islands and the international community has protested to little practical effect, according to Raymond Powell, director of Stanford University's Project Myoushu in the South China Sea, who observed recent disputes over the waters. "At this point these features are fully militarized bases from which China effectively projects power deep into its neighbors' exclusive economic zones," Powell told VOA Vietnamese via WhatsApp on Nov 20. "Therefore, Vietnam has drawn the conclusion that it has little choice but to respond with its own such campaign." Powell said that it seemed likely that other South China Sea claimants — the Philippines and Malaysia — would eventually feel compelled to take similar steps. China will doubtless draw attention to those efforts and claim that they are violations of the 2002 Declaration on the Conduct of Parties in the South China Sea, but China's flagrant, serial violation of that agreement makes it a non-credible voice on that subject, he added. "Vietnam seems to have learned a lesson that if it could not build models to preserve the entities it is now occupying, there would be more difficulty [in doing so], Hoang Viet, an expert on South China Sea disputes at the National University of Ho Chi Minh City in Vietnam, told VOA Vietnamese via telephone on Nov 21. "Now it is a favorable time [for Vietnam] when Vietnam's relationships with both China and the U.S. are making progress," he said, adding, "So, Vietnam must take advantage, so that it can keep these entities that are under its control." Vietnam has controlled the Barque Canada Reef since 1987, but its sovereignty is challenged by China, Taiwan and Malaysia. "China will definitely not be happy because China certainly doesn't want any country to do that," Hoang said. "Perhaps Vietnam also understands to what extent China's limits. Even though China is dissatisfied, China has no reason to stop Vietnam because China itself also expand a lot larger, even militarized the island," Hoang added. "As for China being angry enough to stop Vietnam, I don't think so. And perhaps Vietnam has also calculated this situation."
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nan
GlobeNewswire
Portnoy Law
DocGo Inc. investors: Please contact the Portnoy Law Firm to recover your losses; December 26, 2023 deadline.
Investors can contact the law firm at no cost to learn more about recovering their losses​ LOS ANGELES, Nov. 28, 2023 (GLOBE NEWSWIRE) -- The......
https://www.globenewswire.com/news-release/2023/11/29/2787435/0/en/DocGo-Inc-investors-Please-contact-the-Portnoy-Law-Firm-to-recover-your-losses-December-26-2023-deadline.html
https://ml.globenewswire.com/Resource/Download/ea0dd9c0-6e41-4d5a-ad27-b277677af6df
2023-11-29 00:15:00
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Nov. 28, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises DocGo Inc. (DocGo or the Com… [+2626 chars]
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Investors cancontactthe law firm at no cost to learn more about recovering their losses​ LOS ANGELES, Nov. 28, 2023 (GLOBE NEWSWIRE) --The Portnoy Law Firmadvises DocGo Inc. (“DocGo” or the “Company”) (NASDAQ: DCGO) investors that a lawsuit filed on behalf of investors that purchased DocGo securities between November 8, 2022 and September 17, 2023,inclusive (the “Class Period”) Investors are encouraged to contact attorneyLesley F. Portnoy, by phone 844-767-8529 oremail:lesley@portnoylaw.com, to discuss their legal rights, orclick hereto join the case viawww.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. The lawsuit alleges that the defendants engaged in deceptive practices by making false or misleading statements and failing to disclose several key facts, including: The lawsuit contends that when these undisclosed details became public, investors suffered financial losses. Please visit ourwebsiteto review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq.Admitted CA and NY Barlesley@portnoylaw.com310-692-8883www.portnoylaw.com Attorney Advertising
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nan
ETF Daily News
MarketBeat News
Donald F. Coleman Sells 6,964 Shares of Intapp, Inc. (NASDAQ:INTA) Stock
Intapp, Inc. (NASDAQ:INTA – Get Free Report) COO Donald F. Coleman sold 6,964 shares of the stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $38.38, for a total transaction of $267,278.32. Following the …
https://www.etfdailynews.com/2023/11/28/donald-f-coleman-sells-6964-shares-of-intapp-inc-nasdaqinta-stock/
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2023-11-29 01:00:41
Intapp, Inc. (NASDAQ:INTA – Get Free Report) COO Donald F. Coleman sold 6,964 shares of the stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $3… [+4714 chars]
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Intapp, Inc. (NASDAQ:INTA–Get Free Report) COO Donald F. Coleman sold 6,964 shares of the stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $38.38, for a total transaction of $267,278.32. Following the completion of the transaction, the chief operating officer now owns 621,167 shares in the company, valued at $23,840,389.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available atthe SEC website. INTA stocktraded down $0.75 during mid-day trading on Tuesday, hitting $37.75. The company had a trading volume of 495,684 shares, compared to its average volume of 404,979. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of -39.29 and a beta of 0.61. Intapp, Inc. has a 12-month low of $20.57 and a 12-month high of $50.46. The company has a 50-day moving average price of $35.57 and a 200 day moving average price of $38.17. Intapp (NASDAQ:INTA–Get Free Report) last announced its quarterly earnings results on Tuesday, November 7th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.01). The company had revenue of $101.58 million during the quarter, compared to analysts’ expectations of $96.82 million. Intapp had a negative return on equity of 17.81% and a negative net margin of 17.35%. As a group, analysts expect that Intapp, Inc. will post -0.65 EPS for the current year. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverINTA has been the topic of a number of analyst reports. Piper Sandler lowered their target price on shares of Intapp from $49.00 to $46.00 and set an “overweight” rating on the stock in a research note on Friday, September 8th. Oppenheimer lowered their target price on shares of Intapp from $54.00 to $48.00 and set an “outperform” rating on the stock in a research note on Thursday, September 7th. UBS Group initiated coverage on shares of Intapp in a research note on Tuesday, November 7th. They set a “buy” rating and a $45.00 target price on the stock. Finally, Barclays initiated coverage on shares of Intapp in a research note on Wednesday, September 6th. They set an “overweight” rating and a $43.00 target price on the stock. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Intapp currently has a consensus rating of “Buy” and a consensus target price of $43.64. Read Our Latest Stock Analysis on Intapp Large investors have recently made changes to their positions in the business. Praesidium Investment Management Company LLC grew its holdings in Intapp by 824.1% during the 2nd quarter. Praesidium Investment Management Company LLC now owns 1,421,990 shares of the company’s stock valued at $59,596,000 after purchasing an additional 1,268,106 shares during the last quarter. Jennison Associates LLC grew its holdings in Intapp by 81.6% during the 3rd quarter. Jennison Associates LLC now owns 1,152,317 shares of the company’s stock valued at $38,626,000 after purchasing an additional 517,899 shares during the last quarter. Federated Hermes Inc. bought a new position in Intapp during the 1st quarter valued at about $22,484,000. Fred Alger Management LLC bought a new position in Intapp during the 3rd quarter valued at about $15,593,000. Finally, Vanguard Group Inc. grew its holdings in Intapp by 49.1% during the 1st quarter. Vanguard Group Inc. now owns 1,403,517 shares of the company’s stock valued at $33,698,000 after purchasing an additional 462,248 shares during the last quarter. (Get Free Report) Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.
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nan
GlobeNewswire
Stantec
Stantec Closes $288 Million Bought Deal Offering of Common Shares
EDMONTON, Alberta, Nov. 29, 2023 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec Inc. (the “Corporation” or “Stantec”), a global leader in sustainable...
https://www.globenewswire.com/news-release/2023/11/29/2787763/0/en/Stantec-Closes-288-Million-Bought-Deal-Offering-of-Common-Shares.html
https://ml.globenewswire.com/Resource/Download/f7293653-3402-4cfa-80f2-7d0a9a9d0a27
2023-11-29 13:30:00
EDMONTON, Alberta, Nov. 29, 2023 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec Inc. (the Corporation or Stantec), a global leader in sustainable design and engineering, is pleased to announce that it ha… [+4428 chars]
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EDMONTON, Alberta, Nov. 29, 2023 (GLOBE NEWSWIRE) --TSX, NYSE:STN Stantec Inc. (the “Corporation” or “Stantec”), a global leader in sustainable design and engineering, is pleased to announce that it has closed its previously announced bought deal public offering of common shares (the “Offering”). Pursuant to the Offering, Stantec issued 3,108,450 common shares (the “Shares”) from treasury, including 405,450 Shares issued in connection with the exercise in full of the over-allotment option granted to the Underwriters (as defined below), at a price of $92.50 per Share, for total gross proceeds of $287,531,625. The Offering was completed through a syndicate of underwriters (collectively, the “Underwriters”), co-led by National Bank Financial Inc. and CIBC Capital Markets, acting as co-bookrunners. Stantec intends to use the net proceeds of the Offering to repay balances outstanding on its revolving credit facility with the intention of creating additional capacity to fund future acquisition opportunities and growth initiatives, as well as for general corporate purposes. No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Stantec Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That’s why at Stantec, we always design with community in mind. We care about the communities we serve—because they’re our communities too. This allows us to assess what’s needed and connect our expertise, to appreciate nuances and envision what’s never been considered, to bring together diverse perspectives so we can collaborate toward a shared success. We’re designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe. Stantec trades on the TSX and the NYSE under the symbol STN. Cautionary Note Regarding Forward Looking Statements Certain statements contained in this news release constitute forward-looking statements under applicable securities laws. These statements include, without limitation, the expected use of the net proceeds of the Offering and the Corporation's ability to fund future acquisition opportunities and growth opportunities. Readers of this news release are cautioned not to place undue reliance on forward-looking statements since a number of factors could cause actual future results to differ materially from the expectations expressed in these forward-looking statements. These factors include, but are not limited to, the risk of economic downturn, cash flow projections, project cancellations, access and retention of skilled labor, decreased infrastructure spending levels, decrease or end to stimulus programs, changing market conditions for Stantec’s services, and the risk that Stantec fails to capitalize on its strategic initiatives. Investors and the public should carefully consider these factors, other uncertainties, and potential events, as well as the inherent uncertainty of forward-looking statements, when relying on these statements to make decisions with respect to the Corporation. Future outcomes relating to forward-looking statements may be influenced by many factors and material risks. For the three and nine month periods ended September 30, 2023, there has been no significant change in the risk factors from those described in Stantec's 2022 Annual Report. This report is accessible online by visiting EDGAR on the SEC website at sec.gov or by visiting the CSA website at sedarplus.ca or Stantec’s website, Stantec.com. You may obtain a hard copy of the 2022 annual report free of charge from the investor contact noted below. Investor Contact Jess NieukerkStantec Investor RelationsPh: 403-569-5389jess.nieukerk@stantec.com
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nan
GlobeNewswire
Hudson Global, Inc.
Hudson RPO APAC Receives the Prestigious 2023 SEEK SARA RPO of the Year Award in Australia
OLD GREENWICH, Conn., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hudson RPO, a leading global total talent solutions company owned by Hudson Global, Inc. (the “Company”) (NASDAQ: HSON), announced today that it has received the prestigious SEEK Annual Recruitment Award…
https://www.globenewswire.com/news-release/2023/11/29/2787759/12208/en/Hudson-RPO-APAC-Receives-the-Prestigious-2023-SEEK-SARA-RPO-of-the-Year-Award-in-Australia.html
https://ml.globenewswire.com/Resource/Download/d1a273a1-6273-469a-9f09-58bdecf1b941
2023-11-29 13:30:00
OLD GREENWICH, Conn., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hudson RPO, a leading global total talent solutions company owned by Hudson Global, Inc. (the Company) (NASDAQ: HSON), announced today that it … [+6405 chars]
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OLD GREENWICH, Conn., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hudson RPO, a leading global total talent solutions company owned by Hudson Global, Inc. (the “Company”) (NASDAQ: HSON), announced today that it has received the prestigious SEEK Annual Recruitment Awards (“SEEK SARA”) RPO of the Year award for 2023. The SEEK SARA are a set of industry awards that recognize excellence, dedication, and innovation in the recruitment sector across Australia. Winners are hand-selected by an esteemed panel of industry leaders and executives. Criteria for the accolade include the promotion of clients' brands, implementation of innovative and efficient solutions, fostering effective business partnerships, and engaging candidates in meaningful ways. Jake Zabkowicz, Global CEO for Hudson RPO, noted, “We are honored to be recognized by SEEK in their annual SARA Awards as the 2023 RPO of the Year in Australia. This prestigious award is a testament to the outstanding relationships and innovative capabilities of our APAC Hudson RPO team, whose commitment to providing exceptional end-to-end recruitment solutions to our clients enables them to build the teams of tomorrow and drive business success.” Jeff Eberwein, Chief Executive Officer of the Company, added, “2023 has been a landmark year for Hudson RPO, and this fantastic SEEK SARA achievement follows our record #6 ranking on HRO Today’s Baker’s Dozen List of enterprise RPO leaders globally in addition to being recognized as #1 in APAC and #3 in EMEA. These accolades, grounded in extensive industry feedback and client surveys, reflect our dedication to excellence and innovation in talent solutions. We are incredibly proud of the work the Hudson RPO team has achieved this year, and we look forward to further shaping the future of talent.” About Hudson RPO Hudson RPO is a leading global provider of flexible and scalable total talent solutions. At Hudson RPO, people, process, and technology come together to ignite transformative change at mid-market and enterprise-level organizations worldwide. Taking a consultative and collaborative approach, we partner with talent acquisition, HR, and procurement leaders around the globe to build diverse, high-impact teams and drive business success. Learn more athudsonrpo.com. About Hudson Global, Inc. Hudson Global, Inc. (Nasdaq: HSON) owns and manages Hudson RPO, a leading global total talent solutions provider. For more information, please visit us at hudsonrpo.com or contact us atir@hudsonrpo.com. Investor Relations:The Equity GroupLena Cati212 836-9611 /lcati@equityny.com Katie Murphy212 836-9612 /kmurphy@equityny.com Forward-Looking Statements This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements regarding the Company's future financial condition, results of operations, business operations and business prospects, are forward-looking statements. Words such as “anticipate,” "estimate," "expect," "project," "intend," "plan," "predict," "believe" and similar words, expressions and variations of these words and expressions are intended to identify forward-looking statements. All forward-looking statements are subject to important factors, risks, uncertainties, and assumptions, including industry and economic conditions that could cause actual results to differ materially from those described in the forward-looking statements. Such factors, risks, uncertainties and assumptions include, but are not limited to, global economic fluctuations; rising inflationary pressures and interest rates; the adverse impacts of the coronavirus, or COVID-19 pandemic; the Company’s ability to successfully achieve its strategic initiatives; risks related to potential acquisitions or dispositions of businesses by the Company; the Company’s ability to operate successfully as a company focused on its RPO business; risks related to fluctuations in the Company's operating results from quarter to quarter; the loss of or material reduction in our business with any of the Company’s largest customers; the ability of clients to terminate their relationship with the Company at any time; competition in the Company's markets; the negative cash flows and operating losses that may recur in the future; risks relating to how future credit facilities may affect or restrict our operating flexibility; risks associated with the Company's investment strategy; risks related to international operations, including foreign currency fluctuations, political events, natural disasters or health crises, including the COVID-19 pandemic, the Russia-Ukraine war, the Hamas-Israel war, and potential conflict in the Middle East; the Company's dependence on key management personnel; the Company's ability to attract and retain highly skilled professionals, management, and advisors; the Company's ability to collect accounts receivable; the Company’s ability to maintain costs at an acceptable level; the Company's heavy reliance on information systems and the impact of potentially losing or failing to develop technology; risks related to providing uninterrupted service to clients; the Company's exposure to employment-related claims from clients, employers and regulatory authorities, current and former employees in connection with the Company’s business reorganization initiatives, and limits on related insurance coverage; the Company’s ability to utilize net operating loss carry-forwards; volatility of the Company's stock price; the impact of government regulations; restrictions imposed by blocking arrangements; a material weakness in our internal control over financial reporting that could have a significant adverse effect on our business and the price of our common stock; and the potential for a shutdown of the U.S. government if the U.S. Congress is unable to agree on terms for a spending bill sufficient to fund U.S. government operations. Additional information concerning these, and other factors is contained in the Company's filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this document. The Company assumes no obligation, and expressly disclaims any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
768053
nan
GlobeNewswire
NewtekOne, Inc.
NewtekOne, Inc. Launches Newtek Accounting
BOCA RATON, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that it has partnered with 1-800Accountant (https://1800accountant.com/), America’s leading virtual accounting firm for small bu…
https://www.globenewswire.com/news-release/2023/11/29/2787758/0/en/NewtekOne-Inc-Launches-Newtek-Accounting.html
https://ml.globenewswire.com/Resource/Download/ea83ffcd-acb5-48a9-944f-ca2bb320d576
2023-11-29 13:30:00
BOCA RATON, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the Company or NewtekOne) (NASDAQ: NEWT), announced today that it has partnered with 1-800Accountant (https://1800accountant.com/)… [+6016 chars]
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BOCA RATON, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) --NewtekOne, Inc.(the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that it has partnered with 1-800Accountant (https://1800accountant.com/), America’s leading virtual accounting firm for small businesses, for NewtekOne to offer 1-800Accountant’s accounting services to NewtekOne’s independent business owner clients and referral partners via “Newtek Accounting” (newtekaccounting.com). Through Newtek Accounting, NewtekOne's clients will have access to 1-800Accountant’s suite of professional accounting services, which is powered by both a mix of technology and CPAs with an average of 17 years of experience. This product offering will enable NewtekOne to augment its already broad suite of business and finance solutions and offer its clients digital bookkeeping, personalized accounting solutions, and tax advisory services underscored by access to experts to assist them with their business’ accounting and tax needs, while simultaneously allowing them more time to focus on growing their business. Barry Sloane, Chairman, President and Chief Executive Officer commented, “We are pleased to offer digital bookkeeping, accounting, and tax advisory services through Newtek Accounting. We have partnered with 1-800Accountant because we believe that over the last decade or more, 1-800Accountant has demonstrated an efficient and high-quality capability in providing accounting solutions to independent business owners across America. We believe the NewtekOne core client -- the independent business owner – has a need for these types of services. In the near future, we will look to integrate the Newtek Accounting offering with Newtek Bank’s online banking, as well as our payment processing and payroll functionalities, which will give our business clientele, going through the Newtek Advantage®, a complete, real-time dashboard, and provide true value to our clients rather than what traditional banks provide. We view the product offerings of traditional banks for the independent business owner as primarily limited to the simple concept of taking deposits, with the client hoping they will be able to obtain a loan if they need additional capital. However, Newtek Bank is not a traditional bank. We believe that the Newtek Accounting offering is a great step to being able to deliver the ultimate banking solution that Newtek Bank currently has in full flight through the Newtek Advantage. We are excited about our new partnership and even more excited to make 1-800Accountant’s cost-effective accounting solutions and services available to our existing and new clientele via Newtek Accounting.” According to Brendon Pack, CEO of 1-800Accountant, "This exciting partnership enables our team to help more businesses than ever before with services that move the needle. On average, we save small businesses, the backbone of America, annually between 20% and 50% on accounting services, and look forward to seeing what they do with more of their hard-earned money at their disposal." About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®,is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek®brand to the small- and medium-sized business (“SMB”) market. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses and reduce their risk. All accounting services are to be provided by 1-800Accountant. 1-800Accountant is not an affiliate of NewtekOne. NewtekOne does not provide accounting or tax advice or service. NewtekOne’s and its subsidiaries’ business and financial solutions include: banking (Newtek Bank, N.A.),Business Lending, SBA Lending Solutions,Electronic Payment Processing,Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting),eCommerce,Accounts Receivable Financing & Inventory Financing,Insurance Solutions,Web Services, andPayroll and Benefits Solutions. Newtek®, NewtekOne®, Newtek Bank, National AssociationTM, Your Business Solutions Company®and One Solution for All Your Business Needs®are registered trademarks of NewtekOne, Inc. About 1-800Accountant 1-800Accountant offers services for new and experienced small business owners, with advisory support from expert CPAs. Services are efficient, affordable, and can be used individually or bundled together for maximum impact, empowering owners to focus on growth throughout their business journey. Learn more athttps://1800accountant.com/about. Note Regarding Forward-Looking Statements Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences. Actual results and capital and other financial conditions may differ materially from those included in these statements due to a variety of factors. Factors that could cause NewtekOne, Inc’s actual results to differ materially from those described in the forward-looking statements can be found in NewtekOne, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission and are available on NewtekOne, Inc’s website (https://investor.newtekbusinessservices.com/sec-filings), and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne, Inc. speak only as to the date they are made, and NewtekOne, Inc. does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. SOURCE: NewtekOne, Inc. Investor Relations & Public RelationsContact: Jayne CavuotoTelephone: (212) 273-8179 /jcavuoto@newtekone.com
768094
nan
GlobeNewswire
Straits Research
Global Synthetic Data Generation Market Size is Estimated to Reach USD 3,400 million by 2031, Growing at a CAGR of 37.3%: Straits Research
To improve operational efficiency, businesses are employing technologically enhanced ways. Artificial intelligence (AI), machine learning (ML), and nanotechnologies are propelling the growth of the synthetic data production solutions market. Organizations are…
https://www.globenewswire.com/news-release/2023/11/29/2787658/0/en/Global-Synthetic-Data-Generation-Market-Size-is-Estimated-to-Reach-USD-3-400-million-by-2031-Growing-at-a-CAGR-of-37-3-Straits-Research.html
https://ml.globenewswire.com/Resource/Download/c25b8e5a-9a9f-499a-8eb6-76ff0d860959
2023-11-29 12:40:00
New York, United States, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Synthetic data generation generates false statistics that appear genuine. It can replicate the original data's statistical characteristics, … [+8947 chars]
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New York, United States, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Synthetic data generation generates false statistics that appear genuine. It can replicate the original data's statistical characteristics, patterns, and relationships in newly generated data instances. It can be used instead of in conjunction with actual data in various situations, particularly when the latter is difficult to obtain, prohibitively expensive, or sensitive. The market for synthetic data production is driven by the rising demand for data privacy, the need for large and diverse datasets for machine learning, and the expanding use of artificial intelligence and data-driven technologies across numerous industries. Industry participants have increased their demand for simulated data in response to the growing popularity of privacy-protection solutions. In addition, the exponential growth of machine learning has transferred the focus to synthetic data. Using AI and machine learning, artificial data can gain access to vast data sets. Download Free Sample Report PDF @https://straitsresearch.com/report/synthetic-data-generation-market/request-sample Demand for Data and Compliance Drives the Market Growth The GDPR and the CCPA emphasize data protection and compliance. These guidelines mandate that businesses collect, process, and secure personal information. Data exposures have brought to light the need for improved privacy and security. Data intrusions cause financial and reputational harm to businesses. Data breaches may result in fines, consumer mistrust, and legal action. Equifax's 2017 data breach compromised 147 million people's sensitive information. Equifax ultimately settled numerous lawsuits for USD 700 million. Such incidents highlight the importance of data privacy and the need for businesses to protect sensitive data. Data protection and compliance are gaining importance in the production of synthetic data. However, data breaches and disclosures of sensitive information cost businesses money. Remediation activities, such as incident response, forensic investigations, notifying affected parties, and enhancing security, require time, money, and resources. These occurrences may hinder the growth and development of the market. According to IBM, the global average cost of data exposure increased by USD 0.11 million to USD 4.35 million in 2022, the highest figure in the report's history. A 2.6% increase from USD 4.24 million in 2021 to USD 4.35 million in 2022. This includes incident response expenses, legal fees, regulatory fines, consumer notification, reputational harm, and company loss. Small and medium-sized enterprises (SMEs) with limited financial resources may be the most negatively affected. Adoption of Advanced Technologies such as Artificial Intelligence (AI) and Machine Learning (ML) Creates Tremendous Opportunities According to Straits Research,“The global synthetic data generation market size was valued at USD 194.5 million in 2022 and is projected to reach USD 3,400 million by 2031, registering a CAGR of 37.3% during the forecast period (2023-2031).”Technology-enhanced methods are assisting businesses in increasing their efficacy. The synthetic data generation solutions market is expanding due to AI, ML, and nanotechnologies. Utilizing new technologies, businesses are expanding globally and increasing revenue. Data management issues, such as privacy, predictive analytics, security, and data-centricity, will necessitate synthetic data. The report on themarket for synthetic data generationreveals that today's AI-powered synthetic data generation algorithms consume actual data, learn its characteristics, correlations, and patterns, and then generate an infinite amount of false synthetic data that matches the statistical properties of the original dataset. Synthetic datasets are scalable, compliant with privacy regulations, and preserve all meaning while removing sensitive data. These developments will bolster the sector of artificial data generation. RegionalAnalysis North America dominated revenue. End-use companies favor fraud detection, natural language processing, and picture data, making the U.S. and Canada valuable. J.P. Morgan, American Express, Amazon, and Waymo have expanded synthetic data spending. In June 2022, Amazon SageMaker Ground Truth generated tagged synthetic picture data. These industry players choose synthetic data for machine learning training, payment data for fraud detection, and anti-money laundering. Asia-Pacific is quickly adopting AI. Over one-third of China's AI market is in banking, retail, and high-tech. ByteDance and Alibaba are known for their customized AI-driven consumer apps in China. Due to the world's biggest internet user base and the capacity to engage customers creatively to enhance revenue, customer loyalty, and market values, most AI implementations in China have been in consumer-facing industries. Key Highlights Competitive Landscape of the Global Synthetic Data Generation Market The key players in the global synthetic data generation market areMostly AI, CVEDIA Inc., Gretel Labs, Datagen, NVIDIA Corporation, Synthesis AI, Amazon.com, Inc., Microsoft Corporation, IBM Corporation, and Meta. Market News Global Synthetic Data Generation Market: Segmentation By Data Type By Modeling Type By Offering By Application By End-Use By Regional Get Detailed Market Segmentation @https://straitsresearch.com/report/synthetic-data-generation-market/segmentation About Straits Research Pvt. Ltd. Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI. Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches. For more information on your target market, please contact us below: Phone:+1 646 480 7505 (the U.S.) +91 8087085354 (APAC) +44 208 068 9665 (the U.K.) Email:sales@straitsresearch.com Follow Us:LinkedIn|Facebook|Instagram|Twitter
768098
nan
GlobeNewswire
10X Capital Venture Acquisition Corp. II
10X Capital Venture Acquisition Corp. II Announces New Date for Extraordinary General Meeting to Vote on Business Combination
NEW YORK, NY (United States), Nov. 29, 2023 (GLOBE NEWSWIRE) -- 10X Capital Venture Acquisition Corp. II (“10X II”) (NASDAQ:VCXA), a publicly traded special purpose acquisition company, has announced today that its previously announced extraordinary general m…
https://www.globenewswire.com/news-release/2023/11/29/2787676/0/en/10X-Capital-Venture-Acquisition-Corp-II-Announces-New-Date-for-Extraordinary-General-Meeting-to-Vote-on-Business-Combination.html
nan
2023-11-29 13:00:00
NEW YORK, NY (United States), Nov. 29, 2023 (GLOBE NEWSWIRE) -- 10X Capital Venture Acquisition Corp. II (10X II) (NASDAQ:VCXA), a publicly traded special purpose acquisition company, has announced t… [+8660 chars]
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NEW YORK, NY (United States), Nov. 29, 2023 (GLOBE NEWSWIRE) -- 10X Capital Venture Acquisition Corp. II (“10X II”) (NASDAQ:VCXA), a publicly traded special purpose acquisition company, has announced today that its previously announced extraordinary general meeting (the “Meeting”) of shareholders in connection with the previously announced proposed business combination (the “Business Combination”) with African Agriculture, Inc. (the “Company”), will be moved from 10:00 a.m. Eastern Time on November 30, 2023 to 8:00 a.m. Eastern Time on December 5, 2023. As a result of this change, 10X II has extended the deadline for holders of the public shares to submit their shares for redemption to 5:00 p.m. Eastern Time on Friday, December 1, 2023 (the “Redemption Deadline”). Any demand for redemption, once made, may be withdrawn at any time until the Redemption Deadline. Shareholders may request to reverse their redemption by contacting 10X II’s transfer agent, Continental Stock Transfer & Trust Company, at One State Street, 30th Floor, New York, New York 10004, Attn: Mark Zimkind (e-mail:mzimkind@continentalstock.com). The record date for the Meeting remains the close of business on October 13, 2023 (the “Record Date”). Shareholders who have previously submitted their proxy or otherwise voted and who do not want to change their vote need not take any action. Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. All shareholders of 10X II are strongly encouraged to read the definitive proxy statement/prospectus carefully and in its entirety before voting and to vote as soon as possible in advance of the Meeting. The definitive proxy statement/prospectus contains important information about the Business Combination. The definitive proxy statement/prospectus is available atwww.sec.gov. Contacts 10X IIInvestors:IR@10xcapital.comSPAC Website:www.10xspac.com/spacii African Agriculture Investors:ak@africanagriculture.comMedia: Maxine Gordon,mg@africanagriculture.com About 10X II 10X Capital Venture Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. About African Agriculture African Agriculture, Inc. is a global food security company operating a commercial-scale alfalfa farm to meet the growing demand for agricultural commodities. Participants in the Solicitation10X II, the Company and their respective directors, executive officers, other members of management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies from 10X II’s shareholders in connection with the Business Combination.Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of 10X II’s directors and officers in 10X II’s filings with the SEC, including the Registration Statement on Form S-4, and such information and names of the Company’s directors and executive officers is also in the Registration Statement, which includes the definitive proxy statement/prospectus. Cautionary Note Regarding Forward-Looking Statements This press release includes, and oral statements made from time to time by representatives of 10X II may include, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. 10X II bases these forward-looking statements on its current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties, and assumptions about 10X II that may cause 10X II’s actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements include, but are not limited to, the Business Combination and related matters, including the shareholders meeting to be held to approve the Business Combination and actions to be taken in connection with the Business Combination as well as other statements other than statements of historical fact included in the definitive proxy statement/prospectus .These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by 10X II and its management, and the Company and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement; (2) the outcome of any legal proceedings that may be instituted against 10X II, the Company, the combined company following the consummation of the Business Combination or others following the announcement of the Business Combination; (3) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of 10X II or the stockholders of the Company or to satisfy other closing conditions; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (5) the ability to meet stock exchange listing standards at or following the consummation of the Business Combination; (6) the risk that the Business Combination disrupts current plans and operations of the Company as a result of the announcement and consummation of the Business Combination; (7) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the Business Combination; (9) changes in applicable laws or regulations; (10) the possibility that the Company or the combined company may be adversely affected by other economic, business and/or competitive factors; (11) shareholder approval of the proposals at the EGM; (12) 10X II’s inability to complete an initial business combination within the required time period; and (13) other risks and uncertainties described in 10X II’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 under the heading “Item 1A. Risks Factors,” in the Registration Statement, in the definitive proxy statement/prospectus and in other reports 10X II files with the SEC. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. All such forward-looking statements speak only as of the date of this press release. Neither 10X II nor the Company gives any assurance that 10X II or the Company will achieve its expectations. Accordingly, undue reliance should not be placed upon the forward-looking statements. 10X II and the Company expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in 10X II’s expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based. All subsequent written or oral forward-looking statements attributable to 10X II or persons acting on 10X II’s behalf are qualified in their entirety by this “Cautionary Note Regarding Forward-Looking Statements.” No Offer or Solicitation This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of 10X II, the Company or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.
768108
nan
GlobeNewswire
Ayurcann Holdings Corp.
AYURCANN REPORTS RECORD SALES IN Q1 2024 FEATURING A 249% INCREASE IN GROSS REVENUE
Toronto, Ontario, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and manufacturing of various derivati…
https://www.globenewswire.com/news-release/2023/11/29/2787644/0/en/AYURCANN-REPORTS-RECORD-SALES-IN-Q1-2024-FEATURING-A-249-INCREASE-IN-GROSS-REVENUE.html
https://ml.globenewswire.com/Resource/Download/da18165f-e843-4458-93fe-034645b88faa
2023-11-29 12:30:00
Toronto, Ontario, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (Ayurcann or the Company), a leading Canadian cannabis extraction company specializing… [+12343 chars]
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Toronto, Ontario, Nov. 29, 2023 (GLOBE NEWSWIRE) --Ayurcann Holdings Corp.(CSE: AYUR,OTCQB: AYURF,FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and manufacturing of various derivative cannabis 2.0 and 3.0 products in the recreational market, is pleased to announce its financial and operational results for the three-months ended September 30, 2023, the highlights of which are included in this news release. All figures are reported in Canadian dollars. The Company’s full set of consolidated financial statements for the three-months ended September 30, 2023 and accompanying management’s discussion and analysis can be accessed by visiting the Company’s website atwww.ayurcann.comand its profile page on SEDAR+ atwww.sedarplus.ca. FINANCIAL HIGHLIGHTS FOR THE THREE-MONTHS ENDED SEPTEMBER 30, 2023 Corporate Update Canadian opportunities Ayurcann is focused on maximizing the margins and market share from every product we make, and we believe this strong market share capture is being driven by the reputation of our brands. By working with high-quality products and new innovations that complement our current production. We continue to look for new opportunities to increase our revenues with the launch of new products under our existing brands We intend to deliver this growth without significant overhead costs to our business. Ayurcann is pleased to announce that, during its first quarter of fiscal 2024, it has secured 12 new stock keeping units (“SKUs”) in the vape, pre-roll and flower categories in Ontario and an additional 12 SKUs are anticipated to come to market in its second fiscal quarter. The Company’s ability to consistently produce innovative and high-quality products has been a successful pathway to the growth it has been able to achieve. Increased efficiency in our process and partnerships We are creating efficiencies in our systems and supply chain and are able to rely on internal manufacturing capacity and processes while increasing strong relationships with key partners to reduce costs. As part of this process, Ayurcann has begun implementing new systems that will improve efficiency of the existing business and ready Ayurcann for further growth in specific business verticals. Ayurcann is pleased to announce its entry into the infused pre-roll category. Market studies have found that pre-rolls are the fastest-growing product segment in the industry, growing 12% year-over-year (“YoY”) in the United States and 38% YoY in Canada.1 More specifically, in 2023 infused pre-rolls have become the largest pre-roll segment with the data suggesting the average cannabis consumer is looking for fast-acting and high-potency products, with the top three product segments being mixed strain pre-rolls, disposable vape pens, and infused pre-roll.2 Pre-rolls are quickly becoming the favorite consumer product as the United States saw 22% YoY growth in infused pre-rolls, with Canada seeing an astounding 1,426% YoY growth.3 Ayurcann plans to introduce 4 infused pre-rolls SKUs in the second fiscal quarter and an additional 4 infused pre-roll SKUs in the third fiscal quarter. Build a team and brands focused on delivering results With the tightness of the labour market, we are very pleased with the almost incredible retention of our team, both internal and external. We believe that people make a company and in order to deliver the best product to market, our team is engaged and proud to work for and represent Ayurcann in the industry. We have been setting clear goals and objectives that are directly linked to the success of the Company and are rewarding and recognizing the hard work and accomplishments of our team. The Fuego brand is continuing to hold its number one share position in Ontario in the 2x1G pre-rolls segment, with an approximate 40% market share4. As a company Ayurcann’s branded vape products under the Fuego and Xplor band, are ranked as top 5 offerings across the country with XPLOR consistently in the top 3 in Ontario5- High potency and quality is what we have become known for and with new innovation and offerings we intend to sustain and grow our market share across the country. Ayurcann has launched several new offerings to bolster the Fuego portfolio in the first 6 months of the year, and we are excited about the growth and reception we have been experiencing in the market. Winning in the categories we choose to compete in is a top priority, and we will continue to enhance our product development capabilities to differentiate our products and to win with retailers and consumers. Future strategies and moving forward. Ayurcann believes that our quality, brands, and product offerings will drive growth. Price compression has affected all categories in the industry and price compression is being driven by the financial issues faced by many competitors. As companies leave the sector, the demand for products is still maintained in the marketplace. As a business focused on the quality and value, we have seen the market growth and demand for our products being translated to a strong position for Ayurcann. “We feel that the awareness of our brands in the market and the quality and flavour profile we are introducing will enable Ayurcann to gain market share quickly. Offering value and potency in a segment that is primed to grow even more”. Said Igal Sudman, Chief Executive Officer. For further information, please contact:Igal Sudman, Chairman and Chief Executive OfficerAyurcann Holdings Corp.Tel: 905-492-3322Email: info@ayurcann.com Investor Relations: Email:ir@ayurcann.com About Ayurcann: Ayurcann is a leading post-harvest solution provider with a focus on providing and creating custom processes and pharma grade products for the adult use and medical cannabis industry in Canada. For more information about Ayurcann, please visitwww.ayurcann.comand its profile page on SEDAR+ atwww.sedarplus.ca. Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “strategy”, “expects” or “does not expect”, “intends”, “continues”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “will be taken”, “will launch” or “will be launching”, “will include”, “will allow”, “will be made” “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the Company’s plans to produce various derivative cannabis products; the Company’s focus on custom processes and pharma grade products for the adult use and medical cannabis industry in Canada; the Company’s focus on maximizing its margins and market share; the Company continued search for new opportunities to increase its revenues, through launches of new products under its existing brands and without significant increases to overhead costs; the Company’s securing of the stated SKUs and number of anticipated SKUs launches under the provided timelines, including the plans to introduce 4 infused pre-rolls SKUs in the second fiscal quarter and an additional 4 infused pre-roll SKUs in the third fiscal quarter; the Company’s plans to reduce cost through increased efficiency in its internal processes and partnerships; conclusions based on the quoted market studies, including, infused pre-rolls becoming the favorite consumer product, pre-rolls being the fastest-growing product segment in the industry, and that the average cannabis consumer is looking for fast-acting and high-potency pre-roll products; the Company’s belief that people make a good company and how the Company intends to reward and retain its personnel; the Company’s stated plans to sustain and grow its market share, including, the increasing of the awareness the Company’s brands, the quality and flavour profile of its products, offering value and potency; and the Company’s plans to enhance its product development capabilities by differentiating its products with its competitors. Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company has the ability to produce various derivative cannabis products; the Company will focus on custom processes and pharma grade products for the adult use and medical cannabis industry in Canada; the Company will focus on maximizing its margins and market share; the Company will continue its search for new opportunities to increase its revenues; the Company has the ability to carry out its anticipated SKUs launches under the provided timelines; the Company has the ability to reduce cost through increased efficiency in its internal processes and partnerships; the accuracy of the conclusions based on the quoted market studies; the Company has the ability to reward and retain its personnel; the Company has the ability to carry out its stated plans to sustain and grow its market share; and the Company has the ability to enhance its product development capabilities by differentiating its products with its competitors. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to produce various derivative cannabis products; the Company’s inability to focus on custom processes and pharma grade products for the adult use and medical cannabis industry in Canada; the Company’s inability to focus on maximizing its margins and market share; the Company’s inability to continue its search for new opportunities to increase its revenues; the Company’s inability to carry out its anticipated SKUs launches under the provided timelines; the Company’s inability to reduce cost through increased efficiency in its internal processes and partnerships; the inaccuracy of the conclusions based on the quoted market studies; the Company’s inability to reward and retain its personnel; the Company’s inability to carry out its stated plans to sustain and grow its market share; and the Company’s inability to enhance its product development capabilities by differentiating its products with its competitors. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events, or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law. 1https://cannatechtoday.com/why-infused-pre-rolls-are-dominating-the-cannabis-market/2https://cannatechtoday.com/why-infused-pre-rolls-are-dominating-the-cannabis-market/3https://cannatechtoday.com/why-infused-pre-rolls-are-dominating-the-cannabis-market/4Based on reporting by Hyfyre IQ™ as of Oct 30, 2023.5Based on reporting by Hyfyre IQ™ as of Oct 30, 2023.
768109
nan
GlobeNewswire
Persistence Market Research
Industrial Cooling System Market to Reach US$27.4 Billion by 2030, Fueled by Sustainable and Energy-Efficient Solutions: Persistence Market Research
The industrial cooling system market is crucial for enhancing operational efficiency, playing a pivotal role in sustaining and advancing industrial processes, particularly with high demand in North America The industrial cooling system market is crucial for e…
https://www.globenewswire.com/news-release/2023/11/29/2787489/0/en/Industrial-Cooling-System-Market-to-Reach-US-27-4-Billion-by-2030-Fueled-by-Sustainable-and-Energy-Efficient-Solutions-Persistence-Market-Research.html
nan
2023-11-29 07:48:00
New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The global industrial cooling system market is forecasted to expand at a CAGR of 4.8%, increasing from a value of US$19.7 billion in 2023 to US$27.4 billio… [+17072 chars]
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New York, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The globalindustrial cooling system marketis forecasted to expand at a CAGR of 4.8%, increasing from a value of US$19.7 billion in 2023 to US$27.4 billion by the end of 2030. This market, a subset of the industrial equipment industry, is dedicated to controlling and preserving ideal temperatures in various manufacturing facilities and processes. These systems play a crucial role in maintaining operational efficiency, preventing equipment overheating, and ensuring the security of sensitive industrial processes. The technologies involved encompass refrigeration, air conditioning, and evaporative cooling, proving indispensable in industries such as power generation, chemical processing, and manufacturing. The market reflects a growing awareness of environmental impact, evident in the shift towards eco-friendly and energy-efficient cooling solutions driven by industries' increasing emphasis on sustainable practices. The robust expansion of the industrial cooling systems market globally is influenced by several factors. The escalating demand for these systems is primarily fueled by the rapid global industrialization, with developing nations making substantial investments in infrastructure construction. Moreover, the adoption of sophisticated cooling technologies is propelled by stringent regulations emphasizing environmental sustainability and energy efficiency. The increasing adoption of intelligent manufacturing techniques further drives the demand for advanced cooling systems to support modern, data-centric industrial operations. The ongoing focus on operational efficiency and sustainability across various industries signals a positive outlook for the industrial cooling system market. The trajectory of this market is expected to be significantly influenced by technological advancements and innovation. Elevate your business strategy with comprehensive market data. Request a sample report now:https://www.persistencemarketresearch.com/samples/33564 Market Scope: MarketDynamics: Global Industrialization Trends: The market dynamics are closely tied to global industrialization trends. As nations undergo rapid industrialization, there is an increased demand for industrial cooling systems across various sectors such as manufacturing, power generation, and chemical processing. Technological Advancements: The market is heavily influenced by ongoing technological advancements in cooling technologies. Innovations in refrigeration, air conditioning, and evaporative cooling systems contribute to the market's evolution, providing more efficient and sustainable solutions. Environmental Regulations: Stringent environmental regulations and a growing awareness of the environmental impact of industrial processes drive the market towards eco-friendly and energy-efficient cooling solutions. Compliance with these regulations becomes a significant factor influencing the choices made by industries. Infrastructure Investments: The market dynamics are shaped by the level of infrastructure investments made by developing nations. Increased investments in construction projects and industrial infrastructure drive the demand for industrial cooling systems. Intelligent Manufacturing: The adoption of intelligent manufacturing techniques and Industry 4.0 practices contributes to the dynamics of the industrial cooling system market. The need for advanced cooling solutions to support data-centric industrial operations becomes increasingly important. Operational Efficiency: Industries' continued emphasis on operational efficiency is a driving force in the market. Industrial cooling systems play a critical role in maintaining optimal temperatures, preventing equipment overheating, and ensuring the smooth operation of industrial processes. Sustainability Initiatives: The market is influenced by the sustainability initiatives undertaken by various industries. The shift towards sustainable practices encourages the adoption of eco-friendly cooling solutions and shapes the market dynamics. Market Competition: The competitive landscape and the presence of key players also contribute to market dynamics. Technological competition, pricing strategies, and market consolidation play roles in shaping the evolution of the industrial cooling system market. In a nutshell, the Persistence Market Research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the report at:https://www.persistencemarketresearch.com/market-research/industrial-cooling-system-market.asp Market Challenges: Energy Consumption Concerns: Industrial cooling systems often require significant energy consumption. As sustainability becomes a top priority, the market faces the challenge of developing and adopting energy-efficient solutions to minimize environmental impact and operational costs. High Initial Costs: The upfront costs associated with installing industrial cooling systems, especially advanced and eco-friendly technologies, can be substantial. This poses a barrier to entry for some industries, particularly smaller enterprises, hindering widespread adoption. Regulatory Compliance: Stringent environmental regulations and evolving standards for industrial processes pose challenges for manufacturers to ensure compliance. Adapting cooling systems to meet these regulations may require significant investment and technological upgrades. Limited Water Resources: Many cooling systems rely on water for effective heat dissipation. In regions facing water scarcity or stringent water usage regulations, the availability of water for industrial cooling purposes becomes a critical challenge. Technological Complexity: The complexity of advanced cooling technologies can present challenges in terms of system integration, maintenance, and workforce expertise. Industries may face difficulties in adopting and managing sophisticated cooling solutions effectively. Global Economic Uncertainty: Economic fluctuations and uncertainties can impact the industrial cooling system market. Industries may delay or scale back infrastructure investments, affecting the demand for cooling solutions. Slow Adoption of Green Technologies: While there is a growing emphasis on sustainability, the transition to green and eco-friendly cooling technologies may be slow due to inertia, concerns about performance, and a lack of awareness about the long-term benefits. Customization Requirements: Industrial processes vary significantly across sectors, requiring customized cooling solutions. Meeting diverse and specific requirements poses a challenge for manufacturers to develop adaptable and versatile systems. Market Growth Opportunities: Rising Demand for Energy-Efficient Solutions: The increasing focus on energy efficiency creates opportunities for the development and adoption of industrial cooling systems that minimize energy consumption. Innovations in heat exchanger technology, variable speed drives, and smart controls contribute to more energy-efficient cooling solutions. Adoption of Sustainable and Eco-Friendly Technologies: The growing emphasis on sustainability opens avenues for eco-friendly cooling technologies, such as those utilizing natural refrigerants and minimizing environmental impact. Companies can explore and invest in green cooling solutions to align with environmental regulations and meet the sustainability goals of industries. Integration of IoT and Smart Technologies: The integration of Internet of Things (IoT) and smart technologies in industrial cooling systems presents opportunities for remote monitoring, predictive maintenance, and optimization of system performance. Smart cooling systems that can adapt to real-time conditions offer enhanced efficiency and reliability. Expansion in Emerging Markets: The ongoing industrialization in emerging markets presents a significant growth opportunity for industrial cooling system providers. Companies can leverage partnerships and strategic alliances to enter new regions and cater to the increasing demand for cooling solutions. Customization for Diverse Industry Applications: The diverse needs of industries, including manufacturing, data centers, and chemical processing, provide opportunities for the customization of cooling systems. Offering specialized solutions tailored to specific industry requirements can enhance market competitiveness. Development of Hybrid Cooling Systems: The development of hybrid cooling systems that combine various technologies, such as evaporative cooling and air conditioning, presents an opportunity to optimize efficiency and flexibility. Hybrid systems can cater to different climate conditions and offer energy-saving benefits. General Trends and Considerations: Transition to Sustainable Solutions: There is a noticeable shift toward sustainable and environmentally friendly cooling solutions driven by regulatory pressures and increased corporate responsibility. Natural refrigerants, energy-efficient systems, and technologies with lower environmental impact are gaining prominence. Smart and Connected Cooling Systems: Industrial cooling systems are increasingly integrating smart technologies, leveraging the Internet of Things (IoT) for real-time monitoring, data analytics, and predictive maintenance. Smart cooling solutions enhance operational efficiency, reduce downtime, and contribute to overall system optimization. Focus on Energy Efficiency: Energy efficiency remains a paramount consideration, with industries seeking cooling systems that minimize energy consumption and operational costs. Advances in compressor technology, variable speed drives, and innovative heat exchange methods contribute to improved energy efficiency. Customization for Diverse Applications: The industrial cooling system market is witnessing a demand for highly customized solutions tailored to specific industry needs. Manufacturers are adapting their products to accommodate diverse applications, such as data centers, chemical processing, and food and beverage production. Adoption of Dry Cooling Technologies: Dry cooling technologies are gaining traction, especially in regions facing water scarcity or stringent water usage regulations. These technologies reduce water consumption and offer alternatives to traditional water-intensive cooling methods. Potential Mergers and Acquisitions: Technology Integration: Companies specializing in different cooling technologies may pursue mergers to integrate complementary technologies. For example, a company with expertise in air conditioning systems might merge with a firm excelling in evaporative cooling technologies to offer comprehensive solutions. Market Expansion: Mergers can be driven by the desire to expand market presence, either geographically or across different industry sectors. A company operating in a specific region may merge with another with a strong foothold in a different market, facilitating mutual growth. Diversification of Product Portfolio: Companies may seek to diversify their product offerings by acquiring firms that provide additional components or services related to industrial cooling systems. This strategy enables companies to offer more comprehensive solutions to their customers. Entry into Emerging Markets: Mergers and acquisitions can be a strategic move for companies looking to enter emerging markets where industrialization is on the rise. Acquiring a local player can provide established relationships, distribution networks, and knowledge of regional regulations. Vertical Integration: Vertical integration within the supply chain is a potential driver for M&A activity. For instance, a company specializing in the manufacturing of components for industrial cooling systems may merge with a system integrator to create a more streamlined and vertically integrated operation. Access to Intellectual Property and Innovation: Acquiring companies with valuable intellectual property, patents, or innovative technologies can be a catalyst for growth. This approach allows companies to stay at the forefront of technological advancements in the industrial cooling system sector. Industrial Cooling System Market segmentation: By Technology: Refrigeration Systems: This includes traditional refrigeration systems using compressors and refrigerants for cooling. Air Conditioning Systems: Systems that use air cooling techniques for industrial processes. Evaporative Cooling Systems: Technologies that use the evaporation of water to cool air or a liquid coolant. By Application: Power Generation: Cooling systems for power plants to maintain the efficiency of turbines and other equipment. Chemical Processing: Cooling solutions for chemical manufacturing processes. Manufacturing: Cooling systems for various manufacturing processes to prevent equipment overheating. Data Centers: Precision cooling solutions for data center environments. Oil and Gas: Cooling systems for equipment used in oil refineries and gas processing plants. Food and Beverage: Cooling solutions for food processing and storage. By Type: Air-Cooled Systems: Systems that use air as the cooling medium. Water-Cooled Systems: Systems that use water as the cooling medium. Hybrid Systems: Combining different cooling technologies for optimized performance. Dry Cooling Systems: Systems that minimize water usage or do not use water for cooling. By Region: North America: The industrial cooling system market in the United States, Canada, and Mexico. Europe: Including markets in the European Union and the United Kingdom. Asia-Pacific: Encompassing markets in China, India, Japan, South Korea, and other Asia-Pacific countries. Middle East and Africa: Including markets in the Middle East and African countries. South America: Markets in countries like Brazil and Argentina. By End-User Industry: Energy and Power: Including power plants and utilities. Chemicals and Petrochemicals: For cooling applications in chemical manufacturing. Manufacturing and Processing Industries: Covering a broad range of manufacturing processes. Data Centers: Catering to the specific cooling needs of data center environments. Oil and Gas: For cooling equipment in oil refineries and gas processing plants. FAQ'S Answered in Report: About Persistence Market Research: Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges. Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part. Contact Persistence Market Research Teerth Technospace, Unit B-704 Survey Number - 103, Baner Mumbai Bangalore Highway Pune 411045 India Email:sales@persistencemarketresearch.com Web:https://www.persistencemarketresearch.com LinkedIn|Twitter
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GlobeNewswire
Celestica International LP
Celestica To Hold Previously-Announced Virtual Investor Meeting Today
Company reaffirms 2023 annual financial outlook, raises 2024 non-IFRS adjusted earnings per share* outlook, and provides 2025 and 2026 financial targets Company reaffirms 2023 annual financial outlook, raises 2024 non-IFRS adjusted earnings per share* outlook…
https://www.globenewswire.com/news-release/2023/11/29/2787764/0/en/Celestica-To-Hold-Previously-Announced-Virtual-Investor-Meeting-Today.html
https://ml.globenewswire.com/Resource/Download/04eff7de-9506-43da-b145-51ad85b6ec99
2023-11-29 13:30:00
TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, … [+22236 chars]
Relationships
TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, will hold a previously-announced virtual investor meeting today at 1:00pm ET. During the meeting, Celestica’s management will provide an overview of the business outlook and growth opportunities in the company’s Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS) segments, and details on its near-term financial outlook and long-term financial targets. Celestica’s management will reaffirm its 2023 annual financial outlook of: Management will also discuss additional financial estimates, outlook and targets, including the following: * Non-International Financial Reporting Standards (IFRS) financial measures (including ratios based on non-IFRS financial measures) do not have any standardized meanings prescribed by IFRS and therefore may not be comparable to similar financial measures presented by other public companies that report under IFRS or U.S. generally accepted accounting principles. We do not provide reconciliations for forward-looking non-IFRS financial measures, as we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. See “Non-IFRS Financial Measures” below for further detail, as well as the definitions and uses of the non-IFRS financial measures included herein. †Targets for 2025 and 2026 constitute our objectives and goals, and are not intended to be projections or forecasts of future performance. Our future performance is subject to risks, uncertainties and other factors that could cause actual outcomes and results to differ materially from such objectives and goals. Participants are invited to join the live webcast at the followinglink. For those unable to participate, a recorded webcast will be available approximately two hours after completion of the call for 12 months. To access the recorded webcast visitwww.celestica.com. About Celestica Celestica enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in Aerospace and Defense, Communications, Enterprise, HealthTech, Industrial, and Capital Equipment to deliver solutions for their most complex challenges. As a leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development - from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and Asia, we imagine, develop and deliver a better future with our customers. Cautionary Note Regarding Forward-looking Statements This press release contains forward looking statements, including without limitation, financial outlook and targets. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “continues,” “project,” “outlook,” “target,” “goal,” “objective,” “potential,” “possible,” “contemplate,” “seek,” or similar expressions, or may employ such future or conditional verbs as “may,” “might,” “will,” “could,” “should,” or “would,” or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995 and for forward-looking information under applicable Canadian securities laws. Although we have incorporated the anticipated impact of demand softness in our Capital Equipment business into the outlook and targets included in this press release to the best of our ability, its adverse impact (in terms of duration and severity) cannot be estimated with certainty, and may be materially in excess of our expectations. Forward-looking statements are provided to assist readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements are not guarantees of future performance and are subject to risks that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including, among others, risks related to: customer and segment concentration; challenges of replacing revenue from completed, lost or non-renewed programs or customer disengagements; managing our business during uncertain market, political and economic conditions, including among others, global inflation and/or recession, and geopolitical and other risks associated with our international operations, including military actions, protectionism and reactive countermeasures, economic or other sanctions or trade barriers, including in relation to the Russia/Ukraine conflict and/or the Hamas/Israel conflict; managing changes in customer demand; our customers' ability to compete and succeed using our products and services; delays in the delivery and availability of components, services and/or materials, as well as their costs and quality; our inventory levels and practices; the cyclical and volatile nature of our semiconductor business; changes in our mix of customers and/or the types of products or services we provide, including negative impacts of higher concentrations of lower margin programs; price, margin pressures, and other competitive factors and adverse market conditions affecting, and the highly competitive nature of, the electronics manufacturing services (EMS) and original design manufacturer (ODM) industries in general and our segments in particular (including the risk that anticipated market conditions do not materialize); challenges associated with new customers or programs, or the provision of new services; interest rate fluctuations; rising commodity, materials and component costs, as well as rising labor costs and changing labor conditions; changes in U.S. policies or legislation; customer relationships with emerging companies; recruiting or retaining skilled talent; our ability to adequately protect intellectual property and confidential information; the variability of revenue and operating results; unanticipated disruptions to our cash flows; deterioration in financial markets or the macro-economic environment, including as a result of global inflation and/or recession; maintaining sufficient financial resources to fund currently anticipated financial actions and obligations and to pursue desirable business opportunities; the expansion or consolidation of our operations; the inability to maintain adequate utilization of our workforce; integrating and achieving the anticipated benefits from acquisitions and "operate-in-place" arrangements; execution and/or quality issues (including our ability to successfully resolve these challenges); non-performance by counterparties; negative impacts on our business resulting from any significant uses of cash, securities issuances, and/or additional increases in third-party indebtedness (including as a result of an inability to sell desired amounts under our uncommitted accounts receivable sales program or supplier financing programs); disruptions to our operations, or those of our customers, component suppliers and/or logistics partners, including as a result of events outside of our control (including those described in “External factors that may impact our business” in our most recent Management’s Discussion and Analysis of Financial Condition and Results of Options (MD&A)); defects or deficiencies in our products, services or designs; volatility in the commercial aerospace industry; compliance with customer-driven policies and standards, and third-party certification requirements; negative impacts on our business resulting from our third-party indebtedness; the scope, duration and impact of materials constraints; coronavirus disease 2019 (COVID-19) mutations or resurgences; declines in U.S. and other government budgets, changes in government spending or budgetary priorities, or delays in contract awards; a U.S. government shutdown; changes to our operating model; foreign currency volatility; our global operations and supply chain; competitive bid selection processes; our dependence on industries affected by rapid technological change; rapidly evolving and changing technologies, and changes in our customers' business or outsourcing strategies; increasing taxes (including as a result of global tax reform), tax audits, and challenges of defending our tax positions; obtaining, renewing or meeting the conditions of tax incentives and credits; the management of our information technology systems, and the fact that while we have not been materially impacted by computer viruses, malware, ransomware, hacking incidents or outages, we have been (and may in the future be) the target of such events; the impact of our restructuring actions and/or productivity initiatives, including a failure to achieve anticipated benefits therefrom; the incurrence of future restructuring charges, impairment charges, other unrecovered write-downs of assets (including inventory) or operating losses; the inability to prevent or detect all errors or fraud; compliance with applicable laws and regulations; our pension and other benefit plan obligations; changes in accounting judgments, estimates and assumptions; our ability to maintain compliance with applicable credit facility covenants; our total return swap agreement; our ability to refinance our indebtedness from time to time; our credit rating; our eligibility for foreign private issuer status; activist shareholders; current or future litigation, governmental actions, and/or changes in legislation or accounting standards; volatility in our subordinate voting share (SVS) price; a lack of acceptance by the Toronto Stock Exchange of a new normal course issuer bid (NCIB); the impermissibility of SVS repurchases, or a determination not to repurchase SVS, under any NCIB; potential unenforceability of judgments; negative publicity; the impact of climate change; our ability to achieve our environmental, social and governance (ESG) targets and goals, including with respect to climate change and greenhouse gas emissions reduction; and our potential vulnerability to take-over or tender offer. The foregoing and other material risks and uncertainties are discussed in our public filings atwww.sedarplus.comandwww.sec.gov, including in our most recent MD&A, our 2022 Annual Report on Form 20-F filed with, and subsequent reports on Form 6-K furnished to, the U.S. Securities and Exchange Commission, and as applicable, the Canadian Securities Administrators. The forward-looking statements contained herein, including our 2024 outlook and our 2025 and 2026 targets, are based on various assumptions, many of which involve factors that are beyond our control. Our material assumptions include: no significant or long-lasting decline in the global economy, or economic activity in Celestica’s end markets, due to a major recession or otherwise during the period to which the outlook or targets relate; that the anticipated long-term secular trends underlying the growth assumptions on which our long-term financial targets are based are sustained, that growth in our diversified markets, including from increased manufacturing outsourcing, underlying the ATS segment growth assumptions on which our long-term financial targets are based, materialize as anticipated; continued growth in the advancement and commercialization of artificial intelligence (AI) technologies and cloud computing, supporting sustained high levels of capital expenditure investments by leading Hyperscaler customers in Celestica’s CCS segment; the relative stability of general economic and market conditions; no unforeseen disruptions due to geopolitical factors (including war) causing significant negative impacts to economic activity, global or regional supply chains or normal business operations; normal customer retention rates; no material change in expected new program wins, no unexpected transfers, losses or disengagements; no unforeseen changes in our mix of customers and/or the types of products or services we provide; no unforeseen adverse changes in the pace of technological advancements, the regulatory environment, customer outsourcing, program transfers, and the global economic environment; no undue negative impact on our customers' ability to compete and succeed using our products and services from unforeseen developments in the broader economy, or in those customers’ industries; continued growth in our end markets; no significant unforeseen negative impacts to our operations (including from mutations or resurgences of COVID-19); no unforeseen materials price increases, margin pressures, or other competitive factors affecting the EMS or ODM industries in general or our segments in particular, as well as those related to the following: the scope and duration of materials constraints (i.e., that they do not materially worsen), and their impact on our sites, customers and suppliers; our ability to fully recover our tangible losses caused by the recent fire at our Batam facility in Indonesia through insurance claims; fluctuation of production schedules from our customers in terms of volume and mix of products or services; the timing and execution of, and investments associated with, ramping new business; our ability to retain programs and customers; the stability of currency exchange rates; supplier performance and quality, pricing and terms; compliance by third parties with their contractual obligations; the costs and availability of components, materials, services, equipment, labor, energy and transportation; that our customers will retain liability for product/component tariffs and countermeasures; global tax legislation changes; our ability to keep pace with rapidly changing technological developments; the timing, execution and effect of restructuring actions; the successful resolution of quality issues that arise from time to time; the components of our leverage ratio (as defined in our credit facility); our ability to successfully diversify our customer base and develop new capabilities; the availability of capital resources for, and the permissibility under our credit facility of, repurchases of outstanding SVS under NCIBs, acceptance of a new NCIB, and compliance with applicable laws and regulations pertaining to NCIBs; compliance with applicable credit facility covenants; anticipated demand levels across our businesses; the impact of anticipated market conditions on our businesses; that global inflation and/or recession will not have a material impact on our revenues or expenses; and our maintenance of sufficient financial resources to fund currently anticipated financial actions and obligations and to pursue desirable business opportunities. Although management believes its assumptions to be reasonable under the current circumstances, they may prove to be inaccurate, which could cause actual results to differ materially (and adversely) from those that would have been achieved had such assumptions been accurate. Forward-looking statements speak only as of the date on which they are made, and we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. All forward-looking statements attributable to us are expressly qualified by these cautionary statements. Non-IFRS Financial Measures This press release refers to the following non-IFRS financial measures (including ratios): non-IFRS operating margin; non-IFRS adjusted earnings per share; and non-IFRS adjusted free cash flow. These non-IFRS financial measures do not have any standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other public companies that report under IFRS, or who report under U.S. GAAP and use non-GAAP financial measures to describe similar operating metrics. Non-IFRS financial measures are not measures of performance under IFRS and should not be considered in isolation or as a substitute for any IFRS financial measure. Management uses these non-IFRS financial measures to assess operating performance and the effective use and allocation of resources; to provide more meaningful period-to-period comparisons of operating results; to enhance investors’ understanding of the core operating results of Celestica’s business; and to set management incentive targets. We believe investors use both IFRS and non-IFRS financial measures to assess management's past, current and future decisions associated with our priorities and our allocation of capital, as well as to analyze how our business operates in, or responds to, swings in economic cycles or to other events that impact our core operations. We do not provide reconciliations for forward-looking non-IFRS financial measures, as we are unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing or amount of various events that have not yet occurred, are out of our control and/or cannot be reasonably predicted, and that would impact the most directly comparable forward-looking IFRS financial measure. For these same reasons, we are unable to address the probable significance of the unavailable information. Forward-looking non-IFRS financial measures may vary materially from the corresponding IFRS financial measures. Definitions of Non-IFRS Financial Measures: Non-IFRS operating margin is defined as non-IFRS operating earnings as a percentage of revenue. Non-IFRS operating earnings is defined as earnings from operations before Other Charges (Recoveries) (defined below), employee (SBC) expense, TRS FVAs (fair value adjustments related to our total return swap agreement), and amortization of intangible assets (excluding computer software). Non-IFRS adjusted earnings per share is determined by dividing non-IFRS adjusted net earnings by the number of diluted weighted average shares outstanding. Non-IFRS adjusted net earnings is defined as net earnings before: employee SBC expense; TRS FVAs, amortization of intangible assets (excluding computer software); Other Charges (Recoveries) (defined below); the income tax effect of the foregoing adjustments; and any non-core tax impacts (tax adjustments related to acquisitions, and certain other tax costs or recoveries related to restructuring actions or restructured sites). Non-IFRS adjusted free cash flow is defined as cash provided by (used in) operations after the purchase of property, plant and equipment (net of proceeds from the sale of certain surplus equipment and property), lease payments, and Finance Costs (defined below) paid (excluding any debt issuance costs paid and when applicable, waiver fees related to our credit facility paid). We do not consider debt issuance costs paid or such waiver fees (when applicable) to be part of our ongoing financing expenses. As a result, these costs are excluded from total Finance Costs paid in our determination of non-IFRS adjusted free cash flow. Note, however, that non-IFRS adjusted free cash flow does not represent residual cash flow available to Celestica for discretionary expenditures. Finance Costs consist of interest expense and fees related to our credit facility (including debt issuance and related amortization costs), our interest rate swap agreements, our total return swap agreement, our accounts receivable sales program, customer supplier financing programs, and interest expense on our lease obligations, net of interest income earned. Other Charges (Recoveries) consist of (when applicable): restructuring charges (recoveries); impairment charges (recoveries); acquisition-related consulting, transaction and integration costs, and charges or releases related to the subsequent re-measurement of indemnification assets or the release of indemnification or other liabilities recorded in connection with acquisitions; legal settlements (recoveries); transition costs (costs related to manufacturing line transfers, real property sales unrelated to restructuring actions, and in the third quarter of 2023, a lease charge related to excess rental expenses under a lease executed in connection with our 2019 Toronto real property sale, as described in our third quarter of 2023 earnings press release and MD&A); specified credit facility-related charges; post-employment benefit plan losses; during the second quarter of 2022, offsetting charges (recoveries) recorded in connection with write-downs of inventory, equipment and a building in connection with a fire at our Batam, Indonesia facility; and commencing in the second quarter of 2023, Secondary Offering Costs and Accounting Costs. Secondary Offering Costs are costs associated with Onex Corporation’s conversion and sale of our shares, and Accounting Costs consist of related costs pertaining to certain accounting considerations.
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nan
GlobeNewswire
Dundee Precious Metals, Inc.
Dundee Precious Metals Extends Life of Mine Plan to 2032 for the Chelopech Mine in Bulgaria; Provides Mineral Reserve and Mineral Resource Update and Highlights from Exploration Activities
(All monetary figures in this news release are expressed in U.S. dollars unless otherwise stated) TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) --...
https://www.globenewswire.com/news-release/2023/11/29/2787662/0/en/Dundee-Precious-Metals-Extends-Life-of-Mine-Plan-to-2032-for-the-Chelopech-Mine-in-Bulgaria-Provides-Mineral-Reserve-and-Mineral-Resource-Update-and-Highlights-from-Exploration-Act.html
https://ml.globenewswire.com/Resource/Download/de306e4b-381f-4d0d-ac37-132787361d24
2023-11-29 12:45:00
(All monetary figures in this news release are expressed in U.S. dollars unless otherwise stated) TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (DPM or the Compan… [+70185 chars]
Relationships
(All monetary figures in this news release are expressed in U.S. dollars unless otherwise stated) TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) --Dundee Precious Metals Inc. (TSX: DPM)(“DPM” or “the Company”) is pleased to provide an interim update to the Mineral Resource and Mineral Reserve estimate and life of mine (“LOM”) plan for its Chelopech mine in Bulgaria. In 2023, DPM advanced its annual update for Mineral Reserves and Mineral Resources in order to better align with the Company’s planning and budgeting cycle. Highlights “I am pleased to report that we have continued our consistent track record of extending mine life at Chelopech,” said David Rae, President and Chief Executive Officer of Dundee Precious Metals. “Next month will mark the 20-year anniversary of DPM’s acquisition of the Chelopech mine. Over this period, we have transformed the mine into a modern and highly efficient operation, developed a strong local team and established strong relationships with local stakeholders. “Chelopech today has a mine life that extends to 2032 based on Mineral Reserves, a strong Mineral Resource base, compelling exploration prospects and significant opportunities to continue our strong track record of mine life extensions.” Updated Mineral Reserve and Resource Estimate The 2023 Mineral Reserve and Mineral Resource estimate reflects the results of in-mine drilling and production depletion as at May 31, 2023. The updated Proven and Probable Mineral Reserve estimate for Chelopech of 1.6 Moz. of gold and 305 Mlbs. of copper support a nine-year mine life that extends to 2032, not including potential for further conversions of existing Mineral Resources and potential additional exploration success. Proven and Probable Mineral Reserves decreased by 0.6 Mt of ore with contained gold increasing by 22,000 ounces and contained copper decreasing by 6.3 Mlbs. relative to the previous 2022 Mineral Reserve estimate. The updated Mineral Reserves estimate is shown below: Measured and Indicated Mineral Resources, exclusive of Mineral Reserves, decreased by 1.0 million tonnes (“Mt”), 120,000 ounces of gold and 16 Mlbs. of copper relative to the 2022 Mineral Resource estimate. The decrease was largely a result of conversion to Mineral Reserves, partially offset by new extensions to Mineral Resources achieved from in-mine drilling as well as a review of estimation parameters during the update. The Mineral Resource estimate is shown below and is effective as at May 31, 2023: Life of Mine Plan The table below shows the updated LOM plan, reflecting the updated Mineral Reserve estimate. Annual throughput rates have been optimized over the LOM, taking into account recent development rates as mining extends into areas of the mine located further from existing infrastructure, as well as the grade profile to maximize value. Between 2024 and 2032, the updated LOM plan adds approximately 128,000 ounces of additional gold production and 9 Mlbs of copper, with the average LOM gold and copper grades increasing by 5% and 3%, respectively, relative to the previous LOM plan outlined in the news release “Dundee Precious Metals Provides Updated Mineral Resource and Mineral Reserve Estimates for the Chelopech Mine in Bulgaria” dated March 30, 2023. The improved average grade is expected to be achieved by mining the crown pillars from Blocks 103 and 151 from 2025 onwards. During this period, gold recoveries increased by 5% relative to the previous mine plan as a result of an improved ore blend over the LOM and updated recovery regression models based on recent plant performance. This is partially offset by a reduction to the mining rate in order to maintain development rates at 7,500 metres per annum and to optimize sustaining capital required. In 2026, the mining rate is planned to be reduced to 2 million tonnes per annum (“Mtpa”) and to 1.8 Mtpa from 2027 onwards. Note: Totals in the table above do not include 2023 production and therefore do not add to the Mineral Reserve estimate, which reflects from May 2023 onward. 1. Total copper production reflects copper recovered from copper concentrate only. Copper recovered from pyrite concentrate is not payable. 1. Total copper production reflects copper recovered from copper concentrate only. Copper recovered from pyrite concentrate is not payable. Several Optimization Activities Planned for 2024 DPM has several initiatives underway aimed at further optimizing Chelopech’s estimated Mineral Reserves and Resources, and the life of mine plan, including: Three-Year Outlook The updated LOM plan is in-line with the Company’s previously issued 2023 guidance and three-year outlook for Chelopech, as shown below. For more information regarding the Company’s 2023 guidance and three-year outlook, including key assumptions, qualifications and risks associated thereto, refer to the MD&A for the three and nine months ended September 30, 2023, issued on November 7, 2023, available on the Company’s website atwww.dundeeprecious.comand on SEDAR+ atwww.sedarplus.ca. Further extending mine life through additional in-mine and brownfield exploration DPM continues to focus on extending Chelopech’s mine life through its successful in-mine exploration program and an aggressive brownfield exploration program. Priority initiatives include: In-mine exploration:DPM continues to advance in-mine exploration activities focused on extending Chelopech’s mine life. Priority targets within the Company’s near-term plans include: Sharlo Dere:At the Sharlo Dere prospect, which is located approximately 500 metres northeast of the eastern-most orebodies of the Chelopech mine and approximately 400 metres from current underground infrastructure, DPM completed 8,407 metres of infill drilling at a 50-metre by 50-metre spacing which was designed to evaluate the continuity of the mineralized zones. The prospect comprises the main Sharlo Dere zone (SD), as well as the lateral extensions termed the Sharlo Dere East (SDE) and the Sharlo Dere West-Target 11 zones (SDW). Results from recent drilling highlight the prospect’s potential for copper-gold mineralization along the northeastern flank of the mine concession as a continuation of the Chelopech high-sulphidation system (see Figure 2 and Appendix table 1). Recent (2022 until present) significant intercepts from the Sharlo Dere prospects include: See Appendix Table 1 on pages 14 to 18 for full results from drilling. The Sharlo Dere, Sharlo Dere East and Sharlo Dere West prospects share the same geological environment and show many similarities with the high-sulphidation style Chelopech copper-gold mineralization. Mineralization is constrained by east-northeast and west-northwest striking deep structural feeders and highly permeable sub-vertical phreatomagmatic breccia contacts within the sedimentary Turonian Unit, that was intruded by a multi-phase dioritic intrusive complex. The distal and upper part of the phreatomagmatic breccia pipes are represented by strata-bound hydro-magmatic injections and surge flow deposits accompanied with sub-horizontal mineralized lenses/layers, which were subsequently tilted according to the synformal basin architecture. A particular characteristic of the Sharlo Dere area is the better preservation of the shallow syn-sedimentary exhalative sulphide mineralization and subsequent reworked mineralized clasts in syn- to post-mineral debris flow deposits (see Figure 3). DPM has completed its initial phase of infill drilling with the objective of including a Mineral Resource estimate for Sharlo Dere within the next Mineral Resource estimate update for the Chelopech mine, with the longer-term goal to potentially convert these Mineral Resources into Mineral Reserves. Sveta Petka:In March 2023, the Company filed a Commercial Discovery application with the Bulgarian authorities for the Sveta Petka exploration licence, which includes the Wedge, West Shaft, Krasta and Petrovden prospects, to allow the Company to apply for concession rights in 2024 for the area which is now designated as Chelopech North. Brevene:On the Brevene exploration licence surrounding the Chelopech mine concession, target delineation and scout drill testing has been completed. The evaluation of Mineral Resource potential is ongoing, and the data collected will be used to support an application for a Geological Discovery, which is expected to be submitted before the end of the year. Figure 1:Plan view of the Chelopech mining concession, Chelopech North Commercial Discovery and Brevene exploration licences, indicating target zones for DPM’s 2024 in-mine and brownfield exploration program as well as the section line (A-A’) shown in Figure 2. Available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/8d6c1c05-6037-43b1-beef-f4255d0e6ffb Figure 2.Long-section (A-A’) through Sharlo Dere looking northwest, displaying drilling intercepts, interpreted geology, and exploration targets. Available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/06f61c97-f111-484f-8f98-153705d1c216 Figure 3.Photographs of representative high-grade copper-gold mineralized drill core from hole EX_SD_27 at the Sharlo Dere zone. Available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/e0ece51b-d6da-4a94-9f5d-4346f786f531 The above picture highlights: a) Core interval from 437.90 meters to 445.10 meters downhole:Pervasive advanced argillic altered surge flow deposit with fluidal and angular magmatic sourced clasts, and lithic clasts presented by fragments of sediments and tuffisite material within a fine-grained matrix (HQ size drill core). b) Close-up view of cut core at 444.10 metres downhole: primary altered, mineralized and leached clasts of diorite within fine-grained matrix, replaced by secondary clay minerals, sulfides and minor sulphosalts (pyrite, enargite/tennantite) which formed rims and halos around the clasts and filled gaps, cavities, and cracks. c) and d) Close-up view of cut coreat 443 metres downhole: clasts of magmatic rocks with differing levels of alteration intensity: strong phyllic to advanced argillic with sulfide and sulphosalt mineralization (pyrite, enargite/ luzonite, tennantite/tetrahedrite) around clasts and in the matrix. Technical Information The Mineral Resource and Mineral Reserve estimates for the Chelopech mine and other scientific and technical information which supports this news release was prepared by DPM with review and guidance at various stages provided Environmental Resources Management (“ERM”), trading as CSA Global. The Qualified Persons (“QP”) are satisfied as to the appropriateness and quality of the technical work completed and accept responsibility for the disclosure, in accordance with Canadian regulatory requirements set out in National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The QP for the Mineral Resource estimate is Maria O’Connor, BSc, MAIG, Technical Director, ERM, and the QP for the Mineral Reserve estimate is Garth Liukko, B.Eng. (Mining), P.Eng. (Ontario), Principal Mining Engineer of ERM Consultants Canada Ltd. Both Maria O’Connor and Garth Liukko are Qualified Persons as defined under NI 43-101 and are independent of the Company. Ross Overall, Corporate Mineral Resource Manager, of the Company, who is a QP, as defined under NI 43-101, has reviewed and approved the contents of this news release. Refer to annual information form dated March 30, 2023, and the technical report entitled “NI 43-101 Technical Report – Mineral Resource and Mineral Reserve Update, Chelopech Mine, Chelopech, Bulgaria” (the “Chelopech Technical Report”) dated and effective March 31, 2022, and filed on SEDAR+ for additional information related to Chelopech, including, without limitations, risks and uncertainties that may impact the estimates and other information presented herein. Sampling, Analysis and QAQC of Exploration Drill Core Samples Most surface exploration diamond drill holes are collared with PQ size, continued with HQ, and are rarely finished with NQ. Triple tube core barrels and short runs are used whenever possible to improve recovery. All drill core is cut lengthwise into two halves using a diamond saw; one half is sampled for assaying and the other half is retained in core trays. The common length for sample intervals within mineralized zones is one metre. Weights of drill core samples range from three to eight kilograms, depending on the size of core, rock type, and recovery. A numbered tag is placed into each sample bag, and the samples are grouped into batches for laboratory submissions. Drill core samples are shipped to the Company’s own exploration laboratory in Bor, Serbia, which is managed by SGS Minerals (“SGS”). Quality control samples, comprising certified reference materials, blanks, and field duplicates, are inserted into each batch of samples and locations for crushed duplicates and pulp replicates are specified. All drill core and quality control samples are tabulated on sample submission forms that specify sample preparation procedures and codes for analytical methods. For internal quality control, the laboratory includes its own quality control samples comprising certified reference materials, blanks and pulp duplicates. All quality assurance and quality control (“QAQC”) monitoring data are reviewed and signed off by an independent QAQC geologist. Chain of custody records are maintained from sample shipments to the laboratory until analyses are completed and remaining sample materials are returned to the Company. The chain of custody is transferred from the Company to SGS at the laboratory door. At the SGS Bor laboratory, the submitted drill core samples are dried at 105°C for a minimum of 12 hours, and then jaw crushed to about 80% passing 4 millimetres. Sample preparation duplicates are created by riffle splitting crushed samples on a 1 in 20 basis. Larger samples are riffle split prior to pulverizing, whereas smaller samples are pulverized entirely. Pulverizing specifications are 90% passing 75 microns. Gold analyses are done using a conventional 50-gram fire assay and atomic absorption spectrometry (“AAS”) finish. Multi-element analyses for 49 elements, including Ag, Cu, Mo, As, Bi, Pb, Sb, and Zn, are done using a four-acid digestion and an ICP-MS finish. Samples returning over 10 ppm for Ag and 1% for Cu, Pb and Zn are re-analyzed using high grade methods with AAS. All underground diamond drilling is completed by Chelopech Technical Services. Drill cores are sampled in intervals up to a maximum of three metres, with 1.5 metre sample intervals being the common length within mineralized zones. Following DPM exploration standard procedures and internationally accredited standards, a full suite of certified reference materials, blanks and field duplicates are submitted to the laboratory with each batch of samples. The overall quality control sample insertion rate is approximately 5% for reference materials, 2% for blanks, and 5% for field duplicates. Samples are assayed at the SGS Minerals managed laboratory at Chelopech in Bulgaria, which is independent of the Company. Samples are routinely assayed for copper, gold, silver, sulphur and arsenic. Gold analyses are done using a 25-gram fire assay and AAS finish. Assay values over 20 ppm gold are re-analyzed using gravimetric finish. Copper, silver and arsenic analyses are completed using a two -acid digestion and AAS finish. Samples returning over 100 ppm for silver and 3% for copper are re-analyzed using high-grade methods with AAS finish. Both laboratories operate to SGS Global and international standards under SGS’s international accreditation. All methods and procedures are implemented together with international quality control protocols. The QP has verified the technical data within this disclosure. Verification by the qualified person included review of QAQC performance, analytical results, geologic interpretations, and logging data. About Dundee Precious Metals Inc. Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Ecuador and Serbia. The Company’s purpose is to unlock resources and generate value to thrive and growth together. This overall purpose is supported by a foundation of core values, which guides how the Company conducts its business and informs a set of complementary strategic pillars and objectives related to ESG, innovation, optimizing our existing portfolio, and growth. The Company’s resources are allocated in-line with its strategy to ensure that DPM delivers value for all of its stakeholders. DPM’s shares are traded on the Toronto Stock Exchange (symbol: DPM). For further information please contact: Cautionary Note Regarding Forward-Looking Statements This news release contains “forward looking statements” or “forward looking information” (collectively, “Forward Looking Statements”) that involve a number of risks and uncertainties. Forward Looking Statements are statements that are not historical facts and are generally, but not always, identified by the use of forward looking terminology such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “outlook”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or that state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions. The Forward Looking Statements in this news release relate to, among other things; the estimation of Mineral Reserves and Mineral Resources and the realization of such mineral estimates; mine life; the LOM plan; production, processing and recoveries forecasts; expected financial, cost and other metrics, including those set out in the three-year outlook provided by the Company; success of exploration activities, the price of gold, copper, and silver, and other commodities; expectation with respect to potential for an initial Mineral Resource estimate for Sharlo Dere; proposed optimization activities and proposed exploration activities; and successful registration of the Sveta Petka exploration licence as a Commercial Discovery. Forward Looking Statements are based on certain key assumptions and the opinions and estimates of management and the QPs, as of the date such statements are made, and they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any other future results, performance or achievements expressed or implied by the Forward Looking Statements. In addition to factors already discussed in this news release, such factors include, among others, risks relating to the Company’s business, including possible variations in ore grade and recovery rates; uncertainties inherent to the conclusions of economic evaluations and economic studies; uncertainties inherent to mine plans; changes in project parameters, including schedule and budget, as plans continue to be refined; uncertainties inherent to the estimation of Mineral Reserves and Mineral Resources, which may not be fully realized; uncertainties inherent with conducting business in foreign jurisdictions where corruption, civil unrest, political instability and uncertainties with the rule of law may impact the Company’s activities; the impact of the conflict in the Ukraine and post COVID-19 economic recovery, including resulting changes to the Company’s supply chain and costs of supplies; product shortages; delivery and shipping issues; closures and/or failure of plant, equipment or processes to operate as anticipated; risks associated with the recurrence of COVID-19 or future pandemics; labour force shortages; fluctuations in metal and acid prices, toll rates and foreign exchange rates; limitation on insurance coverage; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; actual results of optimization activities not being realized; actual results of current and planned reclamation activities; opposition by social and non-government organizations to mining projects and smelting operations; unanticipated title disputes; claims or litigation; cyber attacks and other cybersecurity risks; as well as those risk factors discussed or referred to in any other documents (including without limitation the Chelopech Technical Report and the Company’s most recent Annual Information Form) filed from time to time with the securities regulatory authorities in all provinces and territories of Canada and available on SEDAR+ atwww.sedarplus.ca. The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward Looking Statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that Forward Looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company’s Forward Looking Statements reflect current expectations regarding future events and speak only as of the date hereof. Unless required by securities laws, the Company undertakes no obligation to update Forward Looking Statements if circumstances or management’s estimates or opinions should change. Accordingly, readers are cautioned not to place undue reliance on Forward Looking Statements. Cautionary Note to United States Investors Concerning Estimates of Mineral Reserves and Mineral Resources The Mineral Reserve and Mineral Resource estimates presented in this news release have been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. Canadian reporting requirements for disclosure of mineral properties are governed by NI 43-101. The United States Securities and Exchange Commission (“SEC”) adopted amendments to its disclosure rules to modernize the mineral property disclosure requirements for issuers whose securities are registered with the SEC under the Securities Exchange Act of 1934, as amended. These amendments became effective February 25, 2019 (the “SEC Modernization Rules”) with compliance required for the first fiscal year beginning on or after January 1, 2021. The SEC Modernization Rules replace the historical disclosure requirements for mining issuers that were included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. In addition, the SEC has amended its definitions of “proven mineral reserves” and “probable mineral reserves” to be “substantially similar” to the corresponding Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) – Definition Standards adopted by CIM Council on May 10, 2014 (the “CIM Definition Standards”), incorporated by reference in NI 43-101. Readers are cautioned that while the above terms are “substantially similar” to the corresponding CIM Definition Standards, there are differences in the definitions under the SEC Modernization Rules and the CIM Definition Standards. Accordingly, there is no assurance any Mineral Reserves or Mineral Resources that the Company may report as “proven mineral reserves”, “probable mineral reserves”, “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC Modernization Rules. Readers are also cautioned that while the SEC will now recognize “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”, it should not be assumed that any part or all of the mineralization in these categories will ever be converted into a higher category of Mineral Resources or into Mineral Reserves. Mineralization described using these terms has a greater amount of uncertainty as to their existence and feasibility than mineralization that has been characterized as reserves. Accordingly, readers are cautioned not to assume that any “measured mineral resources”, “indicated mineral resources” or “inferred mineral resources” that the Company reports are or will be economically or legally mineable. Further, “inferred mineral resources” have a greater amount of uncertainty as to their existence and as to whether they can be mined legally or economically. Therefore, readers are also cautioned not to assume that all or any part of the “inferred mineral resources” exist. In accordance with Canadian securities laws, estimates of “inferred mineral resources” cannot form the basis of feasibility or other economic studies, except in limited circumstances where permitted under NI 43-101. For the above reasons, information contained in this news release containing descriptions of the Company’s mineral deposits may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder. APPENDIX Table 1:Significant new drill intercepts (2022 to 2023) at the Sharlo Dere prospect. Sharlo Dere Mineralized Zone (SD) Sharlo Dere East / Krasta (SDE) Sharlo Dere West / Target 11 (SDW) 1)  AuEq calculation is based on the following formula: Au g/t + 1.68 x Cu %, based on a gold price of $1,600 per ounce and a copper price of $4.00 per pound and long- term average metallurgical recoveries of 89% for gold and 87% for copper from the Chelopech mine. 2)  Significant intercepts are reported using a minimum downhole width of 5 metres, a maximum dilution of 5 metres at a 1 g/t AuEq, including 2.5 g/t AuEq cutoff. No upper cuts applied. 3)  Coordinates are in Chelopech mine-grid. 4)  *Directional drilled (‘daughter’) holes. 5)  Drillholes with the prefix ‘EXT’ in the hole ID were drilled from underground by Chelopech technical services with assaying completed at the SGS Minerals Chelopech Laboratory, all other holes were completed from Surface by the Chelopech exploration department with assaying completed at the SGS Minerals Bor Laboratory. Table 2: Significant previously reported and selected (2015-2020) drill intercepts at the Sharlo Dere prospect. The previously disclosed intercepts from Sharlo Dere prospect and the northeastern area of the Chelopech deposit drilled prior to 2022, have been re-reported using the significant intercepts criteria outlined in the footnotes of the table below. These updated results are presented in Table 2, along with other significant intercepts from pre-2022 drilling at the Sharlo Dere prospect. 1)  AuEq calculation is based on the following formula: Au g/t + 1.68 x Cu %, based on a gold price of $1,600 per ounce and a copper price of $4.00 per pound and long- term average metallurgical recoveries of 89% for gold and 87% for copper from the Chelopech mine. 2)  Significant intercepts are reported using a minimum downhole width of 5 metres, a maximum dilution of 5 metres at a 1 g/t AuEq, including 2.5 g/t AuEq cutoff. No upper cuts applied. 3)  Coordinates are in Chelopech mine-grid. 4)  True widths not reported are shown as N/A for certain drillholes. Further drilling is required to determine the true widths of these intervals. 5)  Drillholes with the prefix ‘EXT’ in the hole ID were drilled from underground by Chelopech technical services with assaying completed at the SGS Minerals Chelopech Laboratory, all other holes were completed from Surface by the Chelopech exploration department with assaying completed at the SGS Minerals Bor Laboratory. 1Refer to the Appendix on pages 16 to 20 of this news release for the full results from drilling at the Sharlo Dere and Sharlo Dere West prospects.
768194
nan
Forbes
Elizabeth Baskin, Forbes Councils Member, Elizabeth Baskin, Forbes Councils Member https://www.forbes.com/sites/forbescommunicationscouncil/people/elizabethbaskin/
Employee Communication Best Practices For Successful Acquisitions
There’s a huge risk of losing engagement with these employees while they’re left in limbo—so connect with them as soon as possible.
https://www.forbes.com/sites/forbescommunicationscouncil/2023/11/29/employee-communication-best-practices-for-successful-acquisitions/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 12:00:00
CEO and Executive Creative Director at Tribe, Inc., working with large companies to align employees through internal communications. getty Failure rates for mergers and acquisitions are high, but b… [+5497 chars]
Podcasts
CEO and Executive Creative Director at Tribe, Inc., working with large companies to align employees through internal communications. Failure rates for mergers and acquisitions are high, but beyond the financial risks, there are cultural issues at play. Integrating employees from the acquired company requires planning ahead with a strategic communications plan as well as sustained efforts over the first year or so. Pre-Deal Communications The stretch of time between an acquisition announcement and the closing of the deal is a critical phase. Employees of the acquired company will be anxious about what the deal means for their individual roles, how their management might change and what the new culture will be like. There’s a huge risk of losing engagement with these employees while they’re left in limbo—so connect with them as soon as possible. Otherwise, the rumor mill will fill the vacuum for you—and probably not with positive views. Acquisition Microsite During this phase, my internal communications agency often recommends a free-standing microsite, password-protected but outside any firewalls. Often, the acquiring company or spinoff entity won’t be allowed to email impacted employees, and the existing intranet will be inaccessible for the employees who are yet to be acquired. Here’s a checklist of the features that a microsite could include: • CEO Message: Communicate excitement about welcoming the acquired employees and share an inspiring vision for why this acquisition will be good for both companies. This message can focus on the positive outcomes expected, but avoid any promises that there won’t be a negative impact. If the acquiring company prides itself on transparency, don’t pretend there won’t be any duplication, layoffs or office closings—unless you’re absolutely certain there won’t be. • Opportunity For Growth: Being part of something bigger, or joining a high-growth company, can help accelerate careers and create opportunities for job growth. Include information on how this merger or acquisition will benefit the competitive standing of the company in the marketplace. If it makes the company the market leader, that can be good news for employees’ resumes. • Cultural Crossover: If the two cultures are similar, be sure to include information on how the two are a great fit. Outline the values of the acquiring company and show where there are similarities or overlaps with the values of the company being acquired. Include existing cultural communications from the acquiring company, such as newsletters, videos and podcasts that help give new employees a feel for the culture. • Feedback Loop: Give acquired employees a place on the microsite to ask questions or voice concerns. You’ll need a plan in place beforehand for responding to these questions. Our usual recommendation is to assign one person very familiar with the acquisition process to compose responses as the questions come in and have top leadership stakeholders meet as a group at least once a week to tweak and approve those responses. Try to post responses as quickly as possible so employees don’t feel like their concerns have fallen into a black hole. • A Chance To Vent: We’ve found that offering an anonymous survey with three or four questions gives employees an opportunity to express any negative feelings without fear of reprisal. There’s no need to publish the results, but it can provide helpful insight into issues employees are having that leadership might want to address. Plus, employees sometimes benefit just by getting things off their chests. • People Behind The Titles: We like to include a feature that helps humanize the executive leadership of the acquiring company. Sometimes, we do this in a personality quiz format with questions like what do you eat for breakfast, what was your nickname as a kid and if you could listen to only one album for all time, which would it be? Other times, we might create a video with the executive team welcoming the new employees and sharing their excitement for the future. Or you might try something a little silly, like a matching game with executive headshots and photos of their pets. After The Closing Once the deal is complete, mark the occasion with a livestreamed employee event or some other celebration. Give out branded swag, have trivia contests related to both the acquired and acquiring company, and shoot videos of legacy and acquired employees responding to questions about the cultural fit and the future potential of the combined forces. Then, keep communications going to sustain the excitement and help both groups of employees build human connections. Be sure to include plenty of leadership communications, from town halls to newsletter Q&As to podcasts. Feature day-in-the-life photos and captions from employees from each group, which can be particularly interesting for acquisitions of companies in other countries or regions. Make an effort to represent employees from the acquired company—especially front-line employees, as they can often feel ignored or invisible in internal communications. Knowledge Is Power Change is unsettling, and employees about to be acquired can feel particularly rattled. By giving them as much information about the acquisition as possible and sustaining that flow of info consistently over time, you can help reduce employee stress. Over the long term, that communication can help them integrate into their new company and align them with their new leadership’s vision for success. Forbes Communications Council is an invitation-only community for executives in successful public relations, media strategy, creative and advertising agencies. Do I qualify?
768327
nan
ETF Daily News
MarketBeat News
Coinbase Global, Inc. (NASDAQ:COIN) CEO Sells $2,634,703.50 in Stock
Coinbase Global, Inc. (NASDAQ:COIN) CEO Brian Armstrong sold 23,075 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $114.18, for a total transaction of $2,634,703.50. The transaction was discl…
https://www.etfdailynews.com/2023/11/28/coinbase-global-inc-nasdaqcoin-ceo-sells-2634703-50-in-stock/
https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/coinbase-global-inc-logo.jpg?v=20210413172727&w=240&h=240&zc=2
2023-11-29 00:12:42
Coinbase Global, Inc. (NASDAQ:COIN) CEO Brian Armstrong sold 23,075 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $114.18, for a t… [+5278 chars]
Cryptocurrency
Coinbase Global, Inc.(NASDAQ:COIN) CEOBrian Armstrongsold 23,075 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $114.18, for a total transaction of $2,634,703.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed throughthe SEC website. Brian Armstrong also recently made the following trade(s): Coinbase Global stocktraded up $8.50 during mid-day trading on Tuesday, hitting $128.27. The stock had a trading volume of 17,606,014 shares, compared to its average volume of 14,425,057. Coinbase Global, Inc. has a one year low of $31.55 and a one year high of $129.26. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $30.69 billion, a P/E ratio of -39.05 and a beta of 2.65. The firm’s 50 day moving average is $83.46 and its 200 day moving average is $78.21. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverCoinbase Global (NASDAQ:COIN–Get Free Report) last posted its quarterly earnings results on Thursday, November 2nd. The cryptocurrency exchange reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.54) by $0.53. The company had revenue of $674.15 million for the quarter, compared to analysts’ expectations of $656.61 million. Coinbase Global had a negative return on equity of 10.90% and a negative net margin of 26.42%. On average, sell-side analysts forecast that Coinbase Global, Inc. will post -0.5 earnings per share for the current fiscal year. Several research analysts have issued reports on COIN shares. Bank of America decreased their target price on shares of Coinbase Global from $63.00 to $60.00 in a report on Thursday, October 12th. Wedbush reaffirmed an “outperform” rating and issued a $110.00 price objective on shares of Coinbase Global in a research report on Tuesday, November 7th. The Goldman Sachs Group lifted their target price on Coinbase Global from $45.00 to $51.00 and gave the stock a “sell” rating in a report on Friday, August 4th. Mizuho upped their price target on Coinbase Global from $27.00 to $31.00 and gave the company an “underperform” rating in a report on Friday, November 10th. Finally, Canaccord Genuity Group increased their price objective on Coinbase Global from $70.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, August 1st. Seven investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $75.64. Get Our Latest Stock Analysis on Coinbase Global Several institutional investors have recently added to or reduced their stakes in COIN. Vanguard Group Inc. increased its holdings in shares of Coinbase Global by 19.8% in the 3rd quarter. Vanguard Group Inc. now owns 12,786,266 shares of the cryptocurrency exchange’s stock worth $824,587,000 after buying an additional 2,110,196 shares during the last quarter. ARK Investment Management LLC increased its stake in Coinbase Global by 2.9% during the second quarter. ARK Investment Management LLC now owns 12,121,881 shares of the cryptocurrency exchange’s stock worth $867,321,000 after acquiring an additional 345,866 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its position in Coinbase Global by 117,449.5% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,320,018 shares of the cryptocurrency exchange’s stock valued at $809,947,000 after purchasing an additional 11,310,388 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of Coinbase Global by 6.4% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 9,166,044 shares of the cryptocurrency exchange’s stock valued at $655,830,000 after purchasing an additional 555,099 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in shares of Coinbase Global by 18.5% in the 3rd quarter. Morgan Stanley now owns 3,279,836 shares of the cryptocurrency exchange’s stock worth $246,250,000 after purchasing an additional 511,397 shares during the period. Hedge funds and other institutional investors own 45.96% of the company’s stock. (Get Free Report) Coinbase Global, Inc provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. It offers the primary financial account in the cryptoeconomy for consumers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable developers to build crypto-based applications and securely accept crypto assets as payment.
768339
nan
GlobeNewswire
CoinW
CoinW Enhances Security with KYA Integration
UAE,DUBAI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- CoinW, a leading cryptocurrency exchange, has recently completed a security upgrade for its platform. Building upon the existing Know Your Transaction (KYT) system, CoinW has integrated Know Your Address (KYA), aim…
https://www.globenewswire.com/news-release/2023/11/29/2787682/0/en/CoinW-Enhances-Security-with-KYA-Integration.html
https://ml.globenewswire.com/Resource/Download/33928d42-9580-4b07-8e42-283ac2ff262d
2023-11-29 13:00:00
UAE,DUBAI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- CoinW, a leading cryptocurrency exchange, has recently completed a security upgrade for its platform. Building upon the existing Know Your Transaction (KY… [+2339 chars]
Cryptocurrency
UAE,DUBAI, Nov. 29, 2023 (GLOBE NEWSWIRE) -- CoinW, a leading cryptocurrency exchange, has recently completed a security upgrade for its platform. Building upon the existing Know Your Transaction (KYT) system, CoinW has integrated Know Your Address (KYA), aiming to elevate the security to new heights. The recent upgrade involves the integration of KYA into CoinW, a move aims to enhance security measures. KYA, or Know Your Address, plays a crucial role in identifying, analyzing, evaluating, and categorizing risks associated with specific addresses on the blockchain. This integration aims to enhence CoinW's security solution, providing a comprehensive solution to safeguard user assets. KYT (Know Your Transaction) and KYA together solidify CoinW's position as the safest cryptocurrency exchange. KYT focuses on monitoring transaction risks, identifying malicious addresses, and generating alerts, meeting compliance and risk management requirements for Virtual Asset Service Providers (VASPs). KYA, on the other hand, evaluates risks associated with specific addresses, aiding digital asset investigations and screening on-chain transaction risks. At CoinW, user security takes precedence. The platform acknowledges the ongoing responsibility of ensuring the integrity of its platform and safeguarding it from malicious actors. With over 10 million users actively trading on the CoinW platform, the company takes additional steps to ensure the platform remains safe, trustworthy, and compliant. This includes selecting partners. As the foundational MPC wallet service provider for CoinW, HyperBC has securely provided wallet services for millions of addresses, processing transactions totaling an equivalent of 1.3 billion USDT, all while maintaining an impeccable safety record with zero security incidents. Head of the Risk Control Department at CoinW stated, "Our on-chain AML service monitors on-chain deposits and withdrawals, as well as suspicious trading risks in real-time. It ensures user asset security, and meets the compliance and risk control needs of Virtual Asset Service Providers (VASP), mitigating money laundering and terrorism financing." Simultaneously, this integration aligns with CoinW's global expansion strategy, as KYT and KYA not only enhance security but also ensure strict compliance with regulatory standards. Recognizing the AML requirements stipulated by various countries, CoinW's pursuit of regulatory licenses in multiple nations is underscored by a commitment to meeting these standards.
768360
nan
The Punch
Branded Content
Rebel Satoshi: The Fastest Growing Meme of 2023, Surpassing Industry Giants!
A new player in the crypto arena has challenged top crypto coins with its remarkable presale performance. Market experts have noticed thatRebel Satoshi (RBLZ) concluded its Early Bird Sale within just three weeks. Gearing up for its next round, Rebel Satoshi …
https://punchng.com/rebel-satoshi-the-fastest-growing-meme-of-2023-surpassing-industry-giants/
https://cdn.punchng.com/…/29091821/sx.jpg
2023-11-29 04:16:34
TLDR <ul><li>A new meme coin has stunned the community with its remarkable presale performance.</li><li>Rebel Satoshi (RBLZ) was sold out in its Early Bird Round within just three weeks.</li><li>Ter… [+3498 chars]
Cryptocurrency
A new player in the crypto arena has challengedtop crypto coinswith its remarkable presale performance. Market experts have noticed thatRebel Satoshi(RBLZ)concluded its Early Bird Sale within justthree weeks. Gearing up for its next round,Rebel Satoshiis all set to deliver a staggering150% profitfor early investors.Let’s explore whatRebel Satoshi stands for and why experts consider$RBLZthebest crypto to invest in!Rebel Satoshi: A Meme Coin Striving for DecentralizationIn the vast and dynamic landscape of cryptocurrencies,Rebel Satoshihas emerged as thetop ICOand more than just a meme token; it leads arevolutionary movementdedicated to reshaping the crypto terrain.Positioned as the leader of this movement,Rebel Satoshichallenges established norms, rallying fordecentralizationand awakening the silent majority. The rebellion, led byRebel Satoshiand the Recusants, takes on centralized organizations and challenges theprivileged fewwho hold disproportionate wealth.Incorporating the spirit ofSatoshi NakamotoandGuy Fawkes,Rebel Satoshiintroduces the$RBLZas anEthereum-based (ERC-20)token to stand against the status quo.With a goal of achieving amarket capitalization of 100 million,Rebel Satoshiinvites crypto enthusiasts to join forces, rewrite the rules, and foster a new era of decentralization. Playfulness and purpose converge in this crypto universe, making the rebellion ajoyous uprisingwhere laughter and unity become powerful tools of defiance.Rebel Satoshi Steals the Spotlight With a Remarkable Presale PerformanceThe presale phase ofRebel Satoshihas been nothing short of remarkable, capturing the attention of crypto enthusiasts and experts alike. Thepresale’s successis not merely a ritual; it symbolizesRebel Satoshi’sunwavering commitment to ushering in a new era ofdecentralization.As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram Let’s explore whatRebel Satoshi stands for and why experts consider$RBLZthebest crypto to invest in!Rebel Satoshi: A Meme Coin Striving for DecentralizationIn the vast and dynamic landscape of cryptocurrencies,Rebel Satoshihas emerged as thetop ICOand more than just a meme token; it leads arevolutionary movementdedicated to reshaping the crypto terrain.Positioned as the leader of this movement,Rebel Satoshichallenges established norms, rallying fordecentralizationand awakening the silent majority. The rebellion, led byRebel Satoshiand the Recusants, takes on centralized organizations and challenges theprivileged fewwho hold disproportionate wealth.Incorporating the spirit ofSatoshi NakamotoandGuy Fawkes,Rebel Satoshiintroduces the$RBLZas anEthereum-based (ERC-20)token to stand against the status quo.With a goal of achieving amarket capitalization of 100 million,Rebel Satoshiinvites crypto enthusiasts to join forces, rewrite the rules, and foster a new era of decentralization. Playfulness and purpose converge in this crypto universe, making the rebellion ajoyous uprisingwhere laughter and unity become powerful tools of defiance.Rebel Satoshi Steals the Spotlight With a Remarkable Presale PerformanceThe presale phase ofRebel Satoshihas been nothing short of remarkable, capturing the attention of crypto enthusiasts and experts alike. Thepresale’s successis not merely a ritual; it symbolizesRebel Satoshi’sunwavering commitment to ushering in a new era ofdecentralization.As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram In the vast and dynamic landscape of cryptocurrencies,Rebel Satoshihas emerged as thetop ICOand more than just a meme token; it leads arevolutionary movementdedicated to reshaping the crypto terrain.Positioned as the leader of this movement,Rebel Satoshichallenges established norms, rallying fordecentralizationand awakening the silent majority. The rebellion, led byRebel Satoshiand the Recusants, takes on centralized organizations and challenges theprivileged fewwho hold disproportionate wealth.Incorporating the spirit ofSatoshi NakamotoandGuy Fawkes,Rebel Satoshiintroduces the$RBLZas anEthereum-based (ERC-20)token to stand against the status quo.With a goal of achieving amarket capitalization of 100 million,Rebel Satoshiinvites crypto enthusiasts to join forces, rewrite the rules, and foster a new era of decentralization. Playfulness and purpose converge in this crypto universe, making the rebellion ajoyous uprisingwhere laughter and unity become powerful tools of defiance.Rebel Satoshi Steals the Spotlight With a Remarkable Presale PerformanceThe presale phase ofRebel Satoshihas been nothing short of remarkable, capturing the attention of crypto enthusiasts and experts alike. Thepresale’s successis not merely a ritual; it symbolizesRebel Satoshi’sunwavering commitment to ushering in a new era ofdecentralization.As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram Positioned as the leader of this movement,Rebel Satoshichallenges established norms, rallying fordecentralizationand awakening the silent majority. The rebellion, led byRebel Satoshiand the Recusants, takes on centralized organizations and challenges theprivileged fewwho hold disproportionate wealth.Incorporating the spirit ofSatoshi NakamotoandGuy Fawkes,Rebel Satoshiintroduces the$RBLZas anEthereum-based (ERC-20)token to stand against the status quo.With a goal of achieving amarket capitalization of 100 million,Rebel Satoshiinvites crypto enthusiasts to join forces, rewrite the rules, and foster a new era of decentralization. Playfulness and purpose converge in this crypto universe, making the rebellion ajoyous uprisingwhere laughter and unity become powerful tools of defiance.Rebel Satoshi Steals the Spotlight With a Remarkable Presale PerformanceThe presale phase ofRebel Satoshihas been nothing short of remarkable, capturing the attention of crypto enthusiasts and experts alike. Thepresale’s successis not merely a ritual; it symbolizesRebel Satoshi’sunwavering commitment to ushering in a new era ofdecentralization.As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram Incorporating the spirit ofSatoshi NakamotoandGuy Fawkes,Rebel Satoshiintroduces the$RBLZas anEthereum-based (ERC-20)token to stand against the status quo.With a goal of achieving amarket capitalization of 100 million,Rebel Satoshiinvites crypto enthusiasts to join forces, rewrite the rules, and foster a new era of decentralization. Playfulness and purpose converge in this crypto universe, making the rebellion ajoyous uprisingwhere laughter and unity become powerful tools of defiance.Rebel Satoshi Steals the Spotlight With a Remarkable Presale PerformanceThe presale phase ofRebel Satoshihas been nothing short of remarkable, capturing the attention of crypto enthusiasts and experts alike. Thepresale’s successis not merely a ritual; it symbolizesRebel Satoshi’sunwavering commitment to ushering in a new era ofdecentralization.As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram With a goal of achieving amarket capitalization of 100 million,Rebel Satoshiinvites crypto enthusiasts to join forces, rewrite the rules, and foster a new era of decentralization. Playfulness and purpose converge in this crypto universe, making the rebellion ajoyous uprisingwhere laughter and unity become powerful tools of defiance.Rebel Satoshi Steals the Spotlight With a Remarkable Presale PerformanceThe presale phase ofRebel Satoshihas been nothing short of remarkable, capturing the attention of crypto enthusiasts and experts alike. Thepresale’s successis not merely a ritual; it symbolizesRebel Satoshi’sunwavering commitment to ushering in a new era ofdecentralization.As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram The presale phase ofRebel Satoshihas been nothing short of remarkable, capturing the attention of crypto enthusiasts and experts alike. Thepresale’s successis not merely a ritual; it symbolizesRebel Satoshi’sunwavering commitment to ushering in a new era ofdecentralization.As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram As$RBLZprogresses through its public presale, experts closely monitor its performance and project impressive growth. The recently concludedEarly Bird Round, selling out withinthree weeks, was a testament to the project’s rapid ascent, becoming one of the bestnew ICOs.TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram TheRebelsRound 1of the public presale presents the$RBLZtoken at$0.013, marking a substantial29% surgefrom its Early Bird Round price of$0.010. That’s not all; experts are optimistic about its further growth, potentially surpassing manytop altcoins.https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram https://www.rebelsatoshi.com/?utm_source=MCAP&utm_medium=Banner&utm_id=BirdExperts Believe $RBLZ Will Reach $0.025 at Presale’s EndIndustry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram Industry experts have acclaimedRebel Satoshias thefastest-growing meme coin of 2023, foreseeing a remarkable surge of150%to reach$0.025during the listing. This potential 150% profit for early investors makes$RBLZthebest crypto investmentopportunity.Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram Moreover, this prediction positionsRebel Satoshias a standout performer in the cryptocurrency landscape, attracting attention and investment from those seekingsubstantial gains.AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram AsRebel Satoshicontinues to redefine the crypto narrative, its journey through the presale stages resonates as a testament to its unique proposition,passionate community, and potential for substantial growth in the ever-evolving crypto market.For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram For the latest updates and more information, be sure to visit the officialRebel Satoshi Presale Websiteor contact Rebel Red viaTelegram
768382
nan
The Indian Express
Entertainment Desk
Priyanka Chopra didn’t have Bollywood-style ‘lachak’, shooting had to be delayed by a month while she trained: Andaaz producer Suneel Darshan
Suneel Darshan recalled that dancing wasn't Priyanka Chopra's strongest point, and said that the actor diligently trained for a month till to improve herself.
https://indianexpress.com/article/entertainment/bollywood/priyanka-chopra-didnt-have-bollywood-style-lachak-shooting-had-to-be-delayed-by-a-month-while-she-trained-andaaz-producer-suneel-darshan-9046893/
https://images.indianexp…2-54-PM-1081.jpg
2023-11-29 07:30:57
Priyanka Chopra might be the OG ‘Desi Girl’ of Bollywood, but the actor wasn’t well versed with Hindi film dance style, filmmaker Suneel Darshan has revealed. He produced Priyanka’s breakout Bollywoo… [+1744 chars]
Beauty
Priyanka Chopra might be the OG ‘Desi Girl’ of Bollywood, but the actor wasn’t well versed with Hindi film dance style, filmmakerSuneel Darshanhas revealed. He producedPriyanka’sbreakout Bollywood film, Andaaz. The 2003 romantic musical marked the screen debuts of Lara Dutta and Priyanka, after their respective beauty pageant wins. Andaaz was headlined byAkshay Kumar. Darshan said in an interview that when they began filming a dance sequence for the film, they realisedPriyanka Chopradidn’t have the Bollywood “lachak.” In an interview with Zoom Entertainment, Suneel Darshan said that the majority of Priyanka’s work was done in South Africa, where the team initially shot for a month-long schedule where they realised dancing wasn’t the debutant’s strongest point. “We filmed a schedule there, and realised that her Bollywood dance style, the ‘lachak’, wasn’t too satisfying. We were filming the song ‘Allah Kare Dil Na Lage’, and coincidentally, on September 15, 2002, Akshay Kunar’s first son was born. So the situation changed. We abandoned the shooting and left forMumbai, thinking we will come back later,” he said. The filmmaker said that Priyanka was good, but “not to that level,” and noted how the actor was always hungry to work hard and push herself. “But the girl had incredible passion and determination I knew she would be able to do anything,” he said. Suneel Darshan said that he decided to enroll Priyanka in a month-long training course under choreographer Veeru Krishnan, which began immediately after they landed in Mumbai. “So Priyanka and her mother, from 7 in the morning till midnight, would be there. She devoted 30 days to that and learnt from him. When we went back to shoot, she was a changed girl. She delivered beautifully,” he recalled. Andaaz marked the start of Priyanka’s Bollywood journey, which ultimately led to her become a global sensation with Hollywood films and TV series under her belt. Click for more updates and latestBollywood newsalong withEntertainment updates. Also getlatest newsand top headlines fromIndiaand around theworldatThe Indian Express.
768514
the-times-of-india
The Times of India
Soumyajit Saha
Indian ecommerce companies sold 23% more this Black Friday: report
Websites run by individual brands saw order volumes rising by 28% during the weekend while marketplaces saw their order volumes expand 19%, Unicommerce data showed.
https://economictimes.indiatimes.com/tech/technology/indian-ecommerce-companies-sold-23-more-on-black-friday/articleshow/105571161.cms
https://img.etimg.com/th…ettech/photo.jpg
2023-11-29 00:31:00
The Indian ecommerce ecosystem is estimated to have posted about 23% increase in sales over the Black Friday weekend compared to last years Black Friday weekend with fashion and beauty products domin… [+3226 chars]
Beauty
ETtech The Indian ecommerce ecosystem is estimated to have posted about 23% increase in sales over the Black Friday weekend compared to last year’s Black Friday weekend with fashion and beauty products ‘dominating’ sales, according to ecommerce enablement platform Unicommerce . Websites run by individual brands saw order volumes rising by 28% during the weekend while marketplaces saw their order volumes expand 19%, Unicommerce data showed. “While during the Diwali festive sales, marketplace growth outpaced D2C (direct-to-consumer) brands, the trend was reversed during the Black Friday weekend,” it said in a statement. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Indian School of Business ISB Product Management Visit Northwestern University Kellogg Post Graduate Certificate in Product Management Visit Indian School of Business ISB Digital Transformation Visit Brands like H&M, Zara, and Puma, as well as platforms like Nykaa , Tata Cliq , and Flipkart-owned Myntra conducted Black Friday sales in India this year. Offline sellers like Vijay Sales, Croma and iNvent Store also had Black Friday sales on. Gopal Asthana, chief executive of Tata Cliq, said categories like footwear and apparel, especially winter and western wear, did well on ecommerce platform Tata Cliq, while for the luxury platform Tata Cliq Luxury, categories like eyewear, home, watches, apparel and accessories performed well. “On Tata Cliq Palette…products in categories like skincare, followed by fragrances and make-up, were the favourites,” Asthana told ET in an emailed interaction. He did not share exact numbers. 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 ETtech In an emailed interaction with ET on November 25, Asthana had said the firm was targeting a 50% increase in revenue over the past year from the Black Friday sales for all three platforms run by it - the main platform, premium-focused Tata Cliq Luxury, and beauty and personal care focused Tata Cliq Palette. Also read | Ecommerce companies, brands line up for Black Friday rush In the US, Black Friday is the Friday after Thanksgiving. It’s the busiest shopping day of the year and marks the start of the Christmas shopping season. The sale typically gets extended to the following Monday, called Cyber Monday. On Tuesday, Unicommerce said the sale period also saw increased activity from beyond metro cities in India. While tier-III towns saw the highest growth of all geographies with a 43% surge, tier-II towns saw a 16% growth, and tier-I cities saw a 19% growth. There was a “noticeable uptick” in categories like fast moving consumer goods (FMCG) and eyewear during the sale, it said. Customers extended their “post-Diwali shopping spree” to continue buying during the Black Friday and Cyber Monday sales, the firm added. Even though the cultural nuance of Black Friday might not be fully understood by users beyond metro and tier-I cities, the discounts offered would still be compelling enough for customers to act on, Ashish Dhir, executive vice president for consumer and retail at market research firm 1Lattice had told ET on November 25. Online and offline markets in India were expected to see sales growing by over 70% in the week of Black Friday this year when compared to business as usual (BAU) weeks, he had said. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on black friday tata cliq ecommerce unicommerce myntra nykaa Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
768522
nan
ETF Daily News
MarketBeat News
Performance Food Group (NYSE:PFGC) Position Cut by Franklin Resources Inc.
Franklin Resources Inc. trimmed its stake in Performance Food Group (NYSE:PFGC – Free Report) by 21.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 727,534 shares of the food distribution company’s stock afte…
https://www.etfdailynews.com/2023/11/29/performance-food-group-nysepfgc-position-cut-by-franklin-resources-inc/
https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/performance-food-group-logo.jpg?v=20221109151435&w=240&h=240&zc=2
2023-11-29 13:36:56
Franklin Resources Inc. trimmed its stake in Performance Food Group (NYSE:PFGC – Free Report) by 21.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned … [+6042 chars]
Beauty
Franklin Resources Inc. trimmed its stake in Performance Food Group (NYSE:PFGC–Free Report) by 21.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 727,534 shares of the food distribution company’s stock after selling 202,995 shares during the quarter. Franklin Resources Inc. owned approximately 0.47% of Performance Food Group worth $43,827,000 as of its most recent SEC filing. A number of other hedge funds also recently added to or reduced their stakes in PFGC. Capital World Investors raised its stake in shares of Performance Food Group by 17.1% during the second quarter. Capital World Investors now owns 21,276,919 shares of the food distribution company’s stock valued at $1,281,722,000 after purchasing an additional 3,106,177 shares in the last quarter. Morgan Stanley grew its holdings in Performance Food Group by 106.4% during the fourth quarter. Morgan Stanley now owns 4,921,712 shares of the food distribution company’s stock worth $287,379,000 after acquiring an additional 2,536,638 shares during the period. Norges Bank acquired a new position in Performance Food Group during the fourth quarter worth about $89,712,000. Invesco Ltd. grew its holdings in Performance Food Group by 49.8% during the first quarter. Invesco Ltd. now owns 4,574,163 shares of the food distribution company’s stock worth $232,869,000 after acquiring an additional 1,521,519 shares during the period. Finally, Wellington Management Group LLP grew its holdings in Performance Food Group by 11.3% during the first quarter. Wellington Management Group LLP now owns 13,298,661 shares of the food distribution company’s stock worth $677,034,000 after acquiring an additional 1,349,095 shares during the period. 96.64% of the stock is currently owned by institutional investors. PFGC has been the topic of a number of research analyst reports. Barclays lowered their target price on Performance Food Group from $76.00 to $66.00 and set an “overweight” rating on the stock in a report on Monday, October 23rd. Stephens reaffirmed an “overweight” rating and set a $75.00 target price on shares of Performance Food Group in a research note on Thursday, November 9th. Morgan Stanley lifted their target price on Performance Food Group from $65.00 to $68.00 and gave the company an “equal weight” rating in a research note on Thursday, November 9th.StockNews.comcut Performance Food Group from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Finally, UBS Group lifted their target price on Performance Food Group from $76.00 to $82.00 and gave the company a “buy” rating in a research note on Thursday, August 17th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $75.00. Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverView Our Latest Report on Performance Food Group PFGCopened at $63.98 on Wednesday. The business has a 50 day moving average price of $58.74 and a 200 day moving average price of $59.07. Performance Food Group has a twelve month low of $52.32 and a twelve month high of $64.74. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.76 and a current ratio of 1.77. The firm has a market cap of $9.96 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 0.82 and a beta of 1.36. Performance Food Group (NYSE:PFGC–Get Free Report) last posted its earnings results on Wednesday, November 8th. The food distribution company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. Performance Food Group had a return on equity of 16.86% and a net margin of 0.73%. The firm had revenue of $14.94 billion during the quarter, compared to analyst estimates of $14.99 billion. Research analysts forecast that Performance Food Group will post 4.48 EPS for the current year. In other news, DirectorDavid V. Singersold 955 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $62.76, for a total transaction of $59,935.80. Following the completion of the transaction, the director now directly owns 9,417 shares in the company, valued at $591,010.92. The sale was disclosed in a filing with the SEC, which can be accessed throughthis link. In other news, insider Patrick T. Hagerty sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $55.62, for a total transaction of $111,240.00. Following the completion of the transaction, the insider now directly owns 155,035 shares in the company, valued at $8,623,046.70. The sale was disclosed in a filing with the SEC, which can be accessed throughthis link. Also, Director David V. Singer sold 955 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $62.76, for a total value of $59,935.80. Following the sale, the director now owns 9,417 shares in the company, valued at $591,010.92. The disclosure for this sale can be foundhere. In the last ninety days, insiders sold 4,955 shares of company stock worth $289,636. 2.60% of the stock is currently owned by insiders. (Free Report) Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.
768563
cnn
CNN
Lianne Kolirin
Wildlife Photographer of the Year People’s Choice: Sleeping polar bear, some sociable penguins among the images shortlisted
Will the prize go to a picture that reflects the pristine beauty of the natural world, or one that shows the potentially devastating impact of human beings on their surroundings?
https://www.cnn.com/2023/11/28/travel/wildlife-photographer-of-year-peoples-choice-scli-intl/index.html
https://media.cnn.com/ap…9&q=w_800,c_fill
2023-11-29 04:26:28
Will it be a picture that reflects the pristine beauty of the natural world, or one that shows the potentially devastating impact of human beings on their surroundings? The choice is yours, as fans … [+1597 chars]
Beauty
Will it be a picture that reflects thepristinebeauty of thenatural world, or one that shows the potentially devastating impact of human beings on their surroundings? The choice is yours, as fans of wildlife photography around the world are being urged to vote for theWildlife Photographer of the Year’s People’s Choice Award. As always, the prestigious contest has a section that it throws open to the public, with the chance to vote from a selection of 25 outstanding images. This photographer uncovers Hong Kong’s creatures of the night These were chosen by the Natural History Museum in London - which hosts the overall exhibition - and an international judging panel. They narrowed the field down from a huge 49,957 entries, sent in from 95 different countries The public can now vote for their favorites online, choosing from a selection that includes a pair of seemingly kissing hares, a polar bear sleeping on an iceberg and an upright grizzly bear in a shimmering lake. Comedy Wildlife Photo Award 2023 winners revealed Also featured are an Adélie penguin approaching an emperor penguin and its chick, and a striking image of a rail of clothing fashioned from some of the world’s most endangered big cats. Other shots that highlight the negative impact of man on his surroundings include a young fox dining on an overflowing trash can in London and a male elephant striding through a heap of rubbish. Voting is open online until January 31. The winner and top four images will be announced in February and displayed online, as well as in the in-person exhibition at the Natural History Museum. Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions.Rolex’s Perpetual Planet initiativehas partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action.
768707
nan
NPR
NPR
People in Kansas are not happy with the new license plate design
With a yellow background and a black banner on top, some Kansans say it looks too much like New York's plates — or the University of Missouri's colors. Gov. Kelly says it's back to the drawing board.
https://www.npr.org/2023/11/29/1215765528/people-in-kansas-are-not-happy-with-the-new-license-plate-design
https://media.npr.org/in…e-s1400-c100.jpg
2023-11-29 11:36:00
With a yellow background and a black banner on top, some Kansans say it looks too much like New York's plates or the University of Missouri's colors. Gov. Kelly says it's back to the drawing board.
Design
With a yellow background and a black banner on top, some Kansans say it looks too much like New York's plates — or the University of Missouri's colors. Gov. Kelly says it's back to the drawing board.
768659
nan
Forbes
Laurie Werner, Contributor, Laurie Werner, Contributor https://www.forbes.com/sites/lauriewerner/
How To Spend A Night On The Town In Berlin
Berlin's nightlife is world famous but with so many choices, a visitor needs a guide to navigate and find the most interesting, and in some cases out of the way, options.
https://www.forbes.com/sites/lauriewerner/2023/11/29/how-to-spend-a-night-on-the-town-in-berlin/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 05:19:34
Nighttime in Berlin looking through the Brandenburg Gate to the east. getty Berlin has long had a reputation for its nightlife from the techno clubs in bunkers and abandoned buildings following the… [+549 chars]
Design
Nighttime in Berlin looking through the Brandenburg Gate to the east. Berlin has long had a reputation for its nightlife from the techno clubs in bunkers and abandoned buildings following the fall of the Wall to dance parties with no closing times and hedonistic dens like the infamous KitKatClub. In recent years, the dining scene has also surged in variety and quality, offering showcases often in tucked away spaces for creative, international chefs. To design a perfect night combining both, you need a guide, or as Henrik Tidefjärd, owner of the lifestyle agency Berlinagenten, prefers to say, you can rent him, as guests such as Heidi Klum, Adele and various CEOs have done, and he'll lead you through the options on a nighttime crawl.
768686
nan
Forbes
Mark Littler, Contributor, Mark Littler, Contributor https://www.forbes.com/sites/marklittler/
The Macallan 1926 60 Year Old; The Whisky With 5 Editions And 10 World Records
The Macallan 1926 60 Year Old is without doubt the most exclusive and sought after bottle of whisky in the world, drawn from the legendary cask #263.
https://www.forbes.com/sites/marklittler/2023/11/29/the-macallan-1926-60-year-old-the-whisky-with-5-editions-and-10-world-records/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:38:54
The Macallan 1926 is possibly the most iconic whisky in the world. Credit: Bonhams The Macallan 1926 60 Year Old is without doubt the most exclusive and sought after bottle of whisky in the world, … [+7184 chars]
Design
The Macallan 1926 is possibly the most iconic whisky in the world. The Macallan 1926 60 Year Old is without doubt the most exclusive and sought after bottle of whisky in the world, drawn from the legendary cask #263. The cask was discovered in the early 1980s by Hugh Mitcalfe (the marketing director of Macallan at the time) tucked away in the corner of a warehouse. Just over 30 liters of liquid remained in this 250 liter cask, with the angels having enjoyed the rest. Incredibly, the ABV of the whisky remained at 42.6% and it was unanimously approved by the nosing panel. Mitcalfe reminisced, “two of us had the hairs standing up on the backs of our necks because we were so amazed that it could last for 60 years in a cask and it was still so good.” Enough remained for 40 bottles, which were all drawn, but not immediately released. To begin with just 12 bottles of this special whisky were released, and over the next 16 years five iterations would come to market, namely: 1986 Peter Blake labels—12 bottles 1993 Valerio Adami labels—12 bottles 1999 Michael Dillon label—one bottle 2001-2002 Unlabelled—two bottles The Macallan Fine and Rare labels—up to 13 bottles Version One: The Peter Blake 1926 60 Year Old The Macallan 1926 60 Year Old Peter Blake edition The first 12 bottles of the Macallan 1926 60 Year Old were released in 1986, and featured a label designed by British pop artist, Sir Peter Blake. Blake is perhaps best known for creating the cover of The Beatles’ Sgt. Pepper’s Lonely Hearts Club Band (1967). He has had a long-standing relationship with Macallan since he was approached by his friend, David Holmes, to create a label for the twelve 1926 bottles in 1986. For his labels Peter Blake used collage to create a black and white design depicting the distillery workers from the 1920s who helped to create this award-winning single malt. In the background is Easter Elchies House, an enduring symbol of the Macallan that sits on the banks of the river Spey. The Macallan 1926 60 Year Old Peter Blake was presented in a bespoke glass presentation case, designed by David Holmes, which took inspiration from the distillery's spirit safe. The record for the Blake edition was set in 2018, and remains at £800,000. Version Two: The Valerio Adami 1926 60 Year Old The Valerio Adami edition of the 1926 60 Year Old is now the most expensive whisky in the world ... [+] having sold for £2.2 million in 2023 The second incarnation of the Macallan 1926 60 Year Old was the Valerio Adami, released in 1993. Armando Giovanetti was Macallan’s Italian agent in the 1980s and apparently he suggested Adami, an Italian painter who is well-known for his fragmented, abstract paintings. Like Peter Blake, Adami was commissioned by Macallan to create just 12 labels for the Macallan 1926 60 Year Old bottles. Records suggest that at least two of these bottles have been lost or destroyed; one reportedly opened and drank years ago, and another smashed in 2011 during an earthquake in Japan. Which means only 10 Adami bottles remain. In 2023 this edition set the world record price for a single bottle of whisky, £2,187,500 ($2,714,25). Version Three: The Michael Dillon 1926 60 year old In The Definitive Guide To Buying Vintage Macallan, Macallan invited purchasers to commission their own label designs for bottles of this iconic whisky, “We are happy to offer future purchasers of the few remaining bottles of 1926 Macallan the opportunity to work with a designer to create their own bespoke label design.” One such bottle was commissioned and offered for sale through Fortnum & Mason in London in 1999. While it is often suggested that the hand painted one-of-one Michael Dillon bottle was one of two the bottles sold as unlabeled, the two unlabeled bottles were sold in 2001 and 2002, after the Dillon version was commissioned. Dillon is best known for his long-running career as a decorative painter who mainly focuses on murals. This version of the 1926 60 Year Old sold for £1.2 million at Christie’s, London in 2018 and held the world record price until 2019. Version Four: The Unlabelled Bottles The remaining bottles of the Macallan 1926 60 Year Olds were initially left unlabelled. At least two of these bottles were sold in their unlabeled state, with the purchaser invited by Macallan to design their own bespoke label as part of the sales. As mentioned, it is generally assumed that the Michael Dillon bottle is one of the two unlabeled bottles sold at auction. The timings from Macallan’s own literature suggests this is unlikely, which leaves us with the exciting prospect of more unique bottle designs yet to emerge. The two unlabeled bottles each set records for the most expensive bottle of whisky when they were sold in 2001 (£15,000.00) and 2002 (£20,150.00) both by McTear's Glasgow. Version Five: The 1926 60 Year Old Fine & Rare The Macallan 1926 60 Year Old Fine & Rare edition which held the record for the most expensive ... [+] whisky in the world until 2023 The Fine & Rare series began in 2002, and is the largest vintage collection from a single distillery in the world. Its aim is to showcase the broad range of vintages available from Macallan, ranging from the 1920s to the 1990s. In 2004 the remaining bottles from cask #263 joined this iconic series. It is often cited that there are up to 14 bottles with the Fine & Rare label. This has not been confirmed by Macallan (that we are aware), and the timing of the other releases suggest this is more likely to be a maximum of 13. It is still the most common of the different label designs. In 2019 a bottle of Macallan 1926 with the Fine & Rare label sold for £1.5 million at Sotheby’s London, that bottle held the record for the most expensive single bottle of whisky until 2023. Despite being the most common edition of the 1926 60 Year Old, this bottle remains one of the most sought after at auction. One explanation for this is the bottle’s position as the figurehead of the Fine & Rare collection, and the official Macallan branding on an otherwise ordinary label. By contrast, the artist-produced labels have dual appeal to both whisky and art collectors, however that may also require the purchaser to have prior knowledge of the artist before dropping millions on a single bottle. The Enduring Significance Of Macallan 1926 60 Year Old The first bottles of Macallan 1926 60 Year Olds were released in 1986, however Macallan have continued to evolve the bottle designs for the iconic whisky from cask #263 maintaining their relevance with collectors. This is shown by bottles from the series continuing to break their own records and increase in value. While the bottles are sold on the secondary market, Macallan continues to have an active involvement with the 1926 series. They recently commissioned a short-film directed by Alan Scott, which celebrated the life and achievements of “Nettie” who was the convention breaking female head of the distillery in 1926. Macallan also worked with Sotheby’s to recondition the capsule of the most recent Valerio Adami bottle to go up for sale. The bottle went on to set the new record for most expensive bottle of wine or spirit but over £600,000, retaining the crown they have held more times than any other distillery.
768814
nan
Forbes
Nikki Baird, Contributor, Nikki Baird, Contributor https://www.forbes.com/sites/nikkibaird/
Retail Tech News You Might Have Missed Due To Black Friday Weekend
Black Friday weekend gets all the news coverage, but other things happened in retail tech last week that are worth keeping an eye on.
https://www.forbes.com/sites/nikkibaird/2023/11/29/retail-tech-news-you-might-have-missed-due-to-black-friday-weekend/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:30:00
Did you know? The digital wallet wars are back - and more news you may have missed over Black Friday ... [+] week. getty Yes, Black Friday weekend is extremely important and highly watched. But its… [+6710 chars]
Design
Did you know? The digital wallet wars are back - and more news you may have missed over Black Friday ... [+] week. Yes, Black Friday weekend is extremely important and highly watched. But it’s not the biggest sales event – Singles Day has that beat by a longshot, and Diwali has surpassed it as well (INR 3.75 lakh crore translates to roughly US$45B for those like me who needed a bit of help with the math). So to help keep it all in perspective, here are retail and retail technology news items that might’ve been crowded off the radar by all that Black Friday weekend coverage. Amazon AMZN sells Hyundai cars Amazon is partnering with Hyundai to sell cars. Two questions from me. What will this do to Amazon’s sales results? Not selling Hyundai cars, specifically, that’s a drop in the bucket, but more and more big ticket items like cars in general. I don’t think it matters from a revenue perspective, but it does mean Amazon will have to develop more involved sales capabilities to support these more higher consideration or big-ticket item like cars. Will the low cost / high convenience retail marketplace finally put the pieces together to crack the code on selling luxury? Another often overlooked part of this news: Hyundai will enable Alexa for voice interaction in their cars. This new came literally the same week that Amazon announced laying off workers from its Alexa unit. Rite-Aid closes stores, Miniso opens more Rite-Aid announced it was closing more stores as part of its bankruptcy and reorganization. Are DIY and sporting goods the only big box retailers left standing? I guess crafting too – except that JOANN hasn’t been faring well either. At the other end of the spectrum, Miniso, a Chinese retailer that specializes in Japanese-themed kitsch like Hello Kitty, is opening 20 new stores in the UK. Two notable things about this. The UK market faces much stronger headwinds than the US market – higher inflation, more direct impact of higher interest rates, not to mention miserable weather that has kept shoppers inside. So 20 stores seems like a standout among the misery – except that Miniso’s COO Saad Usman pointed out the expected success of a low-cost line of cosmetics as part of the UK push, so it may be more a case of the right price point at the right time. The high cost of cheap retail goods Miniso’s low cost cosmetics come at a time of heightened conflict between cost-conscious consumers and the environmental and societal impact of cheap goods. Vox published a broadside against the fast fashion industry and “over-consumption” in general. It raises both the wasteful impact of an industry that does not pay attention to the full lifecycle of its products, and the very real human rights issues and abuses that constantly plague the industry. I’m fascinated by this trend, because it’s something of an unintended consequence of some of the dark side of social media. Stick with me: social media values engagement whether it’s healthy or not as a way to drive eyeballs and advertising revenue. But some of the most engaging (and least healthy) content spins out conspiracy theories about globalist industrials who want to turn us all into consumption-bots. The least metastasized version of this is a general unease with consumption, a rejection of working hard to spend more (growing even more dominant as Gen Z confounds workforce managers), and viral posts on how to go on spending strikes (trying not to spend any money for a week at a time). All paid for by the advertising revenue generated by companies trying to drive consumer spending. I very much appreciate the irony, and when people talk about the future of social media, I think most of all about this dynamic and how it might develop. Apple AAPL doesn’t want to be your bank, it wants to make your bank better Well, the company may yet want to be your bank too, but in the meantime Apple is trying to win the consumer digital wallet wars (which everyone forgot we were fighting) by bringing more data to the wallet directly, thus increasing its utility to consumers. UK first, US next? The self-checkout debate continues Marks & Spencer weigh in on the SCO controversy, saying basically that it enables "middle class theft.” I’m not sure what that means except maybe that it makes crimes of opportunity very tempting? Another staffing issue, in my book. If consumers feel so unmonitored at checkout that they can skip the scan or key something expensive as something cheap, that’s not a crime of opportunity so much as a retailer’s own self-inflicted wound. Taking theft control to the extreme Following that self-inflicted wound comes what I guess I should characterize as an enterprising vending machine company positioning its solutions as a way to deter theft in stores. My take is more like “retailers would rather put vending machine in stores than staff them.” My other take is I would rather shop online from the safety of my home than have to deal with a retailer whose stores are so out of control that putting in vending machines seems like a good value prop. I mean, why bother with the store at all? Just front your store with vending machines that can be stocked from behind, and then close the doors. There are two things that differentiate a store from online: the environment/ability to touch and feel, and the presence of employees there to help you. Remove them both, and there is no point to the store. Bridging digital and physical And finally, a Mindshare/Snapchat study identified six need-states of social media users. From the report summary, consumers spend time on social media fall into these buckets: Especially after skewering social media above, why would I call this out? Because retailers should expect that consumers come into stores looking to satisfy these same needs. The ratio of expectation might be different and some of them might have a slightly different twist (Progression might mean something a tad more acquisitive in terms of buying something that helps you achieve the same end – you’d be shopping in a store, after all). But so much commerce happens in stores, and so much performance expectation is built into driving store sales, that sometimes it’s easy to miss that there are other reasons people go to stores besides to buy stuff. If you can design stores to speak to more need-states all at the same time, you might just find that consumers come back.
768815
nan
Forbes
Stephen Key, Contributor, Stephen Key, Contributor https://www.forbes.com/sites/stephenkey/
Inventions Rarely Become Products. Here Are 3 Steps To Beat The Odds
The key to becoming a profitable inventor is focusing on market demand — not whether you'll be able to defend your patent.
https://www.forbes.com/sites/stephenkey/2023/11/29/inventions-rarely-become-products-here-are-3-steps-to-beat-the-odds/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 12:50:27
The key to making money from an invention is assessing your idea from a business perspective first ... [+] not after your patent issues. getty Is a patent only as good as your ability to defend it?… [+6199 chars]
Design
The key to making money from an invention is assessing your idea from a business perspective first ... [+] — not after your patent issues. Is a patent only as “good” as your ability to defend it? Many people, including inventors and lawyers, say this. Meaning, if you don’t have deep enough pockets to sue and eventually win for patent infringement, your patent isn’t worth anything. (To be fair, in my first article for this magazine six years ago, I said something similar.) Before I sued for patent infringement and had to defend my ownership of my intellectual property in federal court, I more or less agreed. That was the big benefit of patents, right? They allow you to litigate. But when I experienced litigation for myself, I reached a different conclusion. Clearly, this was not a strategy I could depend on to monetize my patents — it was too expensive, there were too many unknowns, and there was absolutely no guarantee I’d be successful. It was a priceless experience, because it helped me devise a different strategy for making money from my intellectual property. Patents can have tremendous value, but only if and when they are used correctly. The reality is, most inventors will never have to defend their intellectual property because their patents aren’t worth anything. This is a much bigger issue for the inventor community to address than being able to sue and win for infringement. Basically, we are getting ahead of ourselves. Our ability to defend our intellectual property is not our most significant challenge. We need to be able to determine whether our ideas have value in the first place. Typically, an inventor spends more money getting a patent than they ever make selling their invention. I often wonder why. Was there a market for the invention? Did the inventor know how to commercialize their invention? Did they try? What went wrong? Making money from a patent without suing anyone isn’t easy, but it is entirely possible. So, perhaps the problem is an educational one. How do you determine which of your inventions are more likely to be profitable? In other words: How do you assess your ideas from a business perspective? Patents offer benefits to entrepreneurs that have nothing to do with litigation. For example, patents help you build a team by convincing others you might know what you’re talking about. When you receive a licensing agreement, having patents helps you negotiate. Patents also help you raise more money for your startup. And if your company is acquired, patents give your company more value. Here are three basic steps to help you make good decisions that increase your odds of having your invention become a profitable product. Step 1: Solve a problem that people are demanding a solution for. Many inventions solve a problem. But how significant is that problem, really? You think you’ve got a great idea, but you don’t know for sure. The solution is to test your idea for market demand. Put simply, show it to someone who just might want it and get their feedback. How much interest does your idea generate? Does anyone care? Testing is incredibly important — one of the most important things you can do to make money with a patent, undoubtedly. Unfortunately, inventors often skip over this step. One way to test your idea for market demand is by trying to license it. You can also seek out an end-user, like a retailer or a distributor, who can tell you whether their customer might see value in it. When compared to products already on the shelf, does your invention offer a strong enough benefit? Let the experts give you their perspective. What you learn may help you refine your idea. You don’t need much to test an idea. Keep your marketing material simple by using a one-page advertisement, which I refer to as a sell sheet, or a short video. If there’s no interest, why bother developing the idea further? Step 2: Design your solution so that it can be made as affordably as possible. Can your invention be manufactured and sold at a price point that your costumer will accept? Figuring out how much your invention will cost to manufacture before you file a non-provisional patent application is extremely important. Think about it. Your invention will have to compete with existing products. If it cannot be sold for the same price as those existing products — or even better, less than — you are going to be fighting an uphill battle the entire time. Unfortunately, most of the patents I read do not take manufacturing methods into consideration. As an entrepreneur, my perspective is: Why file a patent in the first place without a plan to go into production? After someone expresses interest, the next hurdle is always price. This is why knowing about manufacturing is so important. You can acquire manufacturing knowledge by hiring an expert who is familiar with the inner workings of the manufacturing line. Make sure to have them sign a non-disclosure agreement that includes “work-for-hire” language so that you own the rights to anything they provide. Don’t overlook this critical aspect of commercialization. Step 3: Develop a robust plan for bringing it to market. Turning an idea into a product is difficult, period. For most people, it’s going to be extremely difficult. This is because they don’t have the experience, time, or resources. Even with the best intentions, if you’re not prepared for what to expect, making money from a patent is going to be difficult. The process of turning your invention into a product is going to take more money and more time than you imagine. I highly recommend studying all of the different ways to bring an idea to market today, including both venturing and licensing. To save yourself time, money, and heartache, I also highly recommend partnering with someone who commercialized a new product many times and still has a smile on their face. Learning “along the way” is a recipe for disaster. If you want to turn an invention into a product, you need to consider the business perspective first — not after your patent issues. For the vast majority of independent inventors, the problem isn’t whether you’ll be able to defend your patent in federal court. It’s making sure you have an invention worth patenting in the first place. Remember, only successful products are copied. That’s why getting ripped off is actually great news. Congratulations: You invented something of value.
768922
nan
The Punch
Ajisafe Olayiwola
Old, new naira notes should co-exist till further notice -Supreme Court
The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist with the new notes till further notice. The court maintained that the old and new notes should remain as legal tender until the Federal…
https://punchng.com/old-new-naira-notes-should-co-exist-till-further-notice-supreme-court/
https://cdn.punchng.com/…-naira-notes.jpg
2023-11-29 07:00:02
The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist with the new notes till further notice. The court maintained that the old … [+524 chars]
Design
The Supreme Court, on Wednesday, ruled that the old Naira denominations of N200, N500 and N1,000 notes continue to co-exist with the new notes till further notice.The court maintained that the old and new notes should remain as legal tender beyond December 31 until the Federal Government puts a process in place for their replacement or redesign after due consultation with relevant stakeholders.The apex court had, on March 3, restrained the Central Bank of Nigeria from giving effect to the deadline on the use of old notes.However, the CBN, on November 14, extended the validity of the old N200, N500 and N1,000 notes indefinitely.The PUNCH reports that the CBN introduced the redesigned  N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.Meanwhile, the CBN, on Wednesday, directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, old and re-designed, to and from deposit money banks.Related NewsGovernorship Election Live UpdatesS’Court backs CBN, cancels old naira deadlineCBN directs banks to issue old, redesigned naira notesBank recapitalisation: Presidency backs CBN, investors rush for mega-banks stocksThe directive is contained in a statement signed by the apex bank’s acting Director, Corporate Communications, Sidi Hakama.She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” The court maintained that the old and new notes should remain as legal tender beyond December 31 until the Federal Government puts a process in place for their replacement or redesign after due consultation with relevant stakeholders.The apex court had, on March 3, restrained the Central Bank of Nigeria from giving effect to the deadline on the use of old notes.However, the CBN, on November 14, extended the validity of the old N200, N500 and N1,000 notes indefinitely.The PUNCH reports that the CBN introduced the redesigned  N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.Meanwhile, the CBN, on Wednesday, directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, old and re-designed, to and from deposit money banks.Related NewsGovernorship Election Live UpdatesS’Court backs CBN, cancels old naira deadlineCBN directs banks to issue old, redesigned naira notesBank recapitalisation: Presidency backs CBN, investors rush for mega-banks stocksThe directive is contained in a statement signed by the apex bank’s acting Director, Corporate Communications, Sidi Hakama.She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” The apex court had, on March 3, restrained the Central Bank of Nigeria from giving effect to the deadline on the use of old notes.However, the CBN, on November 14, extended the validity of the old N200, N500 and N1,000 notes indefinitely.The PUNCH reports that the CBN introduced the redesigned  N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.Meanwhile, the CBN, on Wednesday, directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, old and re-designed, to and from deposit money banks.Related NewsGovernorship Election Live UpdatesS’Court backs CBN, cancels old naira deadlineCBN directs banks to issue old, redesigned naira notesBank recapitalisation: Presidency backs CBN, investors rush for mega-banks stocksThe directive is contained in a statement signed by the apex bank’s acting Director, Corporate Communications, Sidi Hakama.She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” However, the CBN, on November 14, extended the validity of the old N200, N500 and N1,000 notes indefinitely.The PUNCH reports that the CBN introduced the redesigned  N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.Meanwhile, the CBN, on Wednesday, directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, old and re-designed, to and from deposit money banks.Related NewsGovernorship Election Live UpdatesS’Court backs CBN, cancels old naira deadlineCBN directs banks to issue old, redesigned naira notesBank recapitalisation: Presidency backs CBN, investors rush for mega-banks stocksThe directive is contained in a statement signed by the apex bank’s acting Director, Corporate Communications, Sidi Hakama.She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” The PUNCH reports that the CBN introduced the redesigned  N200, N500 and N1.000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.Meanwhile, the CBN, on Wednesday, directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, old and re-designed, to and from deposit money banks.Related NewsGovernorship Election Live UpdatesS’Court backs CBN, cancels old naira deadlineCBN directs banks to issue old, redesigned naira notesBank recapitalisation: Presidency backs CBN, investors rush for mega-banks stocksThe directive is contained in a statement signed by the apex bank’s acting Director, Corporate Communications, Sidi Hakama.She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” Meanwhile, the CBN, on Wednesday, directed all its branches to continue to issue and accept all denominations of Nigerian banknotes, old and re-designed, to and from deposit money banks.Related NewsGovernorship Election Live UpdatesS’Court backs CBN, cancels old naira deadlineCBN directs banks to issue old, redesigned naira notesBank recapitalisation: Presidency backs CBN, investors rush for mega-banks stocksThe directive is contained in a statement signed by the apex bank’s acting Director, Corporate Communications, Sidi Hakama.She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” The directive is contained in a statement signed by the apex bank’s acting Director, Corporate Communications, Sidi Hakama.She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” She stated, “For the avoidance of doubt, the Supreme Court ordered that the old versions of the N200, N500 and N1,000 shall continue to be legal tender, alongside the re-designed versions.“Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” “Accordingly, in line with Section 20(5) of the CBN Act 2007, all banknotes issued by the Central Bank of Nigeria (CBN), will continue to remain legal tender, indefinitely.“Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” “Members of the public are enjoined to continue to accept all Naira banknotes (old or redesigned) for their day-to-day transactions and handle these banknotes with the utmost care, to safeguard and protect the lifecycle of the banknotes“The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.” “The CBN further urged Nigerians to embrace alternative modes of payment, e-channels in order to reduce pressure on the use of physical cash.”
768982
nan
GlobeNewswire
Deutsche Digital Assets
Deutsche Digital Assets Wins Pension Fund as Anchor Investor for DDA Crypto Select 10 ETP (SLCT)
FRANKFURT, Germany, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Deutsche Digital Assets GmbH has gained a renowned institutional anchor investor for the DDA Crypto Select 10 ETP (ISIN: DE000A3G3ZD0 | WKN: A3G3ZD), which was launched in June 2023. DDA prevailed agains…
https://www.globenewswire.com/news-release/2023/11/29/2787500/0/en/Deutsche-Digital-Assets-Wins-Pension-Fund-as-Anchor-Investor-for-DDA-Crypto-Select-10-ETP-SLCT.html
https://ml-eu.globenewswire.com/Resource/Download/f8b37a99-e09b-496e-92ff-7a4ca1bb7adc
2023-11-29 08:00:00
<ul><li>Institutional anchor investor for DDA Crypto Select 10 ETP (ISIN: DE000A3G3ZD0; WKN: A3G3ZD, Ticker: SLCT)</li><li>The DDA Crypto Select 10 ETP reflects the MarketVector Digital Assets Max 10… [+6794 chars]
Design
FRANKFURT, Germany, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Deutsche Digital Assets GmbH has gained a renowned institutional anchor investor for theDDA Crypto Select 10 ETP(ISIN: DE000A3G3ZD0 | WKN: A3G3ZD), which was launched in June 2023. DDA prevailed against the competition in a selection process and was commissioned to design a crypto ETP that meets high quality standards and strict requirements of an institutional investor. After several months of preparation, this investment product can now be administered by a leading capital management company acting on behalf of numerous institutional investors. This makes it accessible for purchase by various pension funds and other institutional investors. Since its Xetra listing in June 2023, the DDA Crypto Select 10 ETP has generated notable investor interest, accumulating over €13 million in investments from various Family Offices and High Net Worth Individuals (as of November 28, 2023). “We would like to thank our investors for placing their trust in Deutsche Digital Assets, and we eagerly anticipate a collaborative partnership,” states Dr. Jens Bernhardt, Managing Director of Deutsche Digital Assets GmbH. “This investment once again signals that crypto investments are increasingly becoming the focus of renowned institutional investors. Both the potential returns and the sustained optimization of the Sharpe ratio make it more than necessary to add crypto investments to an institutional asset allocation.” “We are witnessing increasingly bullish signals for the year 2024 and are proud to be the only provider to offer a product that meets the highest institutional standards. With the DDA Crypto Select 10 ETP, we are not only providing retail investors but also institutional investors the opportunity to invest in this exciting and rapidly growing asset class,” says Maximilian Lautenschläger, Managing Director of Deutsche Digital Assets GmbH. The DDA Crypto Select 10 ETP is an exchange-traded product that reflects the price of (up to) the 10 largest cryptocurrencies by market capitalization, providing risk diversification required for institutional investors. The ETP is 100% physically collateralized by a basket of cryptocurrencies and is traded on Xetra. Each bond gives the holder a claim to a predefined amount of the underlying asset. Other essential details of the DDA Crypto Select 10 ETP are the physical collateralization through the basket components (which are stored in “cold storage”), the listing and trading on Xetra, the exposure to the (up to) 10 largest cryptocurrencies as well as the tax exemption for German tax citizens on capital gains after a minimum holding period of twelve months. Further product information can be found on the Deutsche Digital Assets website. The new listing complements DDA’s offering of crypto exchange traded products includingDDA Physical Bitcoin ETP(XBTI, ISIN: DE000A3GK2N1) andDDA Physical Ethereum ETP(IETH, ISIN: DE000A3GTML1) on multiple European exchanges. For more information on the DDA Crypto Select 10 ETP, please visit the DDA websitehttps://deutschedigitalassets.com/select-10/or contact the team directly undercontact@deutschedigitalassets.com. About Deutsche Digital Assets––www.deutschedigitalassets.com Established in 2017, Deutsche Digital Assets GmbH (DDA) is a German crypto and digital asset manager that serves as a trusted gateway for investors seeking exposure to crypto assets. DDA, through various subsidiaries, offers a menu of crypto investment products and solutions, ranging from passive to actively managed, as well as financial product white-labeling services for asset managers. By leveraging traditional financial products, DDA provides investors with familiar access to a range of crypto asset ETPs and quantitative strategies, making crypto and digital asset acquisition as easy as buying a stock. For more information, please visithttps://deutschedigitalassets.com/. Press Contact: Syuzanna Avanesyanpress@deutschedigitalassets.comwww.deutschedigitalassets.com Important Notices: This article represents solely a non-binding preliminary information which serves exclusively advertising purposes. It is not a prospectus in the sense of the Regulation (EU) 2017/1129(Prospectus Regulation) and the German Securities Prospectus Act (Wertpapierprospektgesetz – WpPG). It does not constitute an offer of securities for sale in the United States and the securities referred to in this notice may not be offered or sold in the United States absent registration or an exemption from registration. Risk Considerations: The price of an investment in a DDA ETP may go up or down and the investor may not get back the amount invested. The price performance of cryptocurrencies is highly volatile and unpredictable. Past performance is hence no guarantee of future performance. You agree to do your own research and due diligence before making any investment decision with respect to securities or investment opportunities discussed herein. The approval of the prospectus should not be construed as an endorsement of the securities offered or admitted to trading on a Regulated Market. These are not extensive risk considerations. Prospective investors should read the prospectus before making any investment decision in order to fully understand the potential risks and rewards of deciding to invest in the securities. The prospectus is available athttps://deutschedigitalassets.com/.
768999
nan
Globalsecurity.org
John Pike
Progress in China's aircraft carrier building
Chinese developers are believed to have started testing electromagnetic catapults on China's third aircraft carrier, which analysts say is an important milestone in the country's naval ship construction.
https://www.globalsecurity.org/wmd/library/news/china/2023/11/china-231128-rfa02.htm
nan
2023-11-29 07:27:30
Military bloggers share images of China's third aircraft carrier undergoing important catapult testing. By RFA Staff 2023.11.28 -- Chinese developers are believed to have started testing electromagn… [+5436 chars]
Design
Military bloggers share images of China's third aircraft carrier undergoing important catapult testing. By RFA Staff 2023.11.28 -- Chinese developers are believed to have started testing electromagnetic catapults on China's third aircraft carrier, which analysts say is an important milestone in the country's naval ship construction. The catapults will be used for launching airplanes from the carrier, named Fujian after the Chinese province closest to Taiwan. The Fujian features a so-called Catapult Assisted Take-Off Barrier Arrested Recovery, or CATOBAR, system that is much more advanced than the first two carriers. A video clip, said to be filmed from an overflying airplane and shared first on China's Weibo microblogging website, shows what appeared to be a test vehicle being dropped from a catapult position on the Fujian aircraft carrier into the water. The apparently successful test took place on Sunday. A satellite image from Nov. 26 provided by the U.S. Earth imaging company Planet Labs shows the Chinese aircraft carrier sitting at its berth at the Jiangnan Shipyard in Shanghai. A crane that may be used during the test launch was visible at the front of the ship. "This is one of the most eagerly awaited milestones besides the first sea trial," said Andreas Rupprecht, a well-known Chinese military blogger. "Suffice to say, an important step towards getting the ship operational," wrote another analyst, Alex Luck, on the social media platform X, formerly known as Twitter. The 80,000-ton Fujian - also called Type 003 - is China's third aircraft carrier, built with a fully indigenous design. It is also the first People's Liberation Army (PLA) carrier equipped with electromagnetic catapults and arresting devices similar to the ones on U.S. aircraft carriers. The PLA's first aircraft carriers - Liaoning and Shandong - use a less advanced ski jump-style launch system but the Fujian's CATOBAR will help launch a bigger variety of aircraft faster and with more ammunition. China's maritime ambition Currently, only France and the United States are members of the CATOBAR club, and China, having never operated a CATOBAR carrier before, is starting from the ground up in developing one, according to Robert Farley, a senior lecturer at the Patterson School of Diplomacy and International Commerce, University of Kentucky. "Fujian carries electromagnetic catapults (EMALS), which are a complicated new technology," said Farley. "I don't know if we can generate a clear estimate on the length of catapult testing because it's uncharted territory." Aircraft carriers represent China's maritime ambitions and the carrier fleet may be expanded to five ships in the next 10 years, according to a report by the Center for Strategic and Budgetary Assessments (CSBA), an independent U.S. think tank specializing in defense policy, planning and budgets. The PLA developed Liaoning, its first aircraft carrier, from a Soviet-built ship and commissioned it in 2012. The second carrier and the first domestically-built - Shandong - was commissioned seven years later. The construction of the Fujian aircraft carrier began during the 2010s and the ship was launched in June 2022. It is currently undergoing mooring trials at the shipyard before being put on sea trials. Compared to the Liaoning and Shandong, the Fujian with an 80,000-ton displacement is not only much bigger but also far more technologically advanced. Still a long way Although Fujian looks to be an impressive ship, larger than any carrier in the world other than the U.S. supercarriers, Farley believes the Chinese are still significantly behind in several areas. The U.S. Navy has 11 aircraft carriers, most of them of the large "supercarrier" category, which are much more advanced and powerful. "As a ship, Fujian is only about 80% as large as existing U.S. carriers, and is conventionally propelled rather than nuclear, which makes a big difference for range, endurance, and carrying capacity," he said. It will take a while for the ship to become fully operational as the Fujian has yet to begin sea trials. "For the first ship of a new class, the entire process of trials can often take a year or more. Her predecessor, Shandong, took 19 months from completion to commissioning and was of a far less advanced design," the analyst told Radio Free Asia. "After sea trials are done the PLA Navy will need to begin work on carrier group training, which will require very detailed procedures of launch and landing to be worked out," he added. "The PLA has historically been careful and deliberate with training for its carrier operations and I would expect them to continue to do so." Military experts say the Fujian may be commissioned by 2025 but its capacity will be gradually built up in the following years. According to Farley, "training up to U.S. standards will take years, if not decades." The PLA has the largest navy in the world by number with an overall battle force of over 370 ships and submarines, compared to the U.S.'s 293, according to the Pentagon. Edited by Mike Firn and Taejun Kang. Copyright 1998-2023, RFA. Used with the permission of Radio Free Asia, 2025 M St. NW, Suite 300, Washington DC 20036. For any commercial use of RFA content please send an email to: mahajanr@rfa.org. RFA content November not be used in a manner which would give the appearance of any endorsement of any product or support of any issue or political position. Please read the full text of our Terms of Use.
769003
nan
Globalsecurity.org
John Pike
Officials Confirm Wife Of Ukrainian Military Intelligence Chief Budanov, Others Poisoned
Ukrainian officials have confirmed reports that Marianna Budanova, the wife of the chief of the country's military intelligence service, had been poisoned with "heavy metals" and is in hospital for treatment, in what appears to represent the most serious targ…
https://www.globalsecurity.org/wmd/library/news/ukraine/2023/11/ukraine-231128-rferl03.htm
nan
2023-11-29 07:27:25
By RFE/RL's Ukrainian Service November 28, 2023 KYIV -- Ukrainian officials have confirmed reports that Marianna Budanova, the wife of the chief of the country's military intelligence service, had b… [+2300 chars]
Design
By RFE/RL's Ukrainian Service November 28, 2023 KYIV -- Ukrainian officials have confirmed reports that Marianna Budanova, the wife of the chief of the country's military intelligence service, had been poisoned with "heavy metals" and is in hospital for treatment, in what appears to represent the most serious targeting of a family member of Ukraine's leadership since Russia launched its full-scale invasion in February 2022. Andriy Yusov, an official at the GUR military intelligence agency, confirmed earlier media reports on November 28 that Budanova, the wife of Kyrylo Budanov, had fallen ill and is under treatment for poisoning. "Marianna Budanova was indeed poisoned by heavy metals. She is now undergoing a course of treatment, which is already coming to an end," Yusov told RFE/RL's Ukrainian Service. Local media, quoting unnamed military intelligence officials, reported that several intelligence officials also appear to have been poisoned with "substances" that "are not used in everyday life or for military purposes and their presence may indicate a premeditated attempt to poison a concrete person." Budanov has been one of the more high-profile Ukrainian officials for his efforts to design and enact plans by operatives to carry out strikes against Russian targets. A Moscow court on April 21 issued an arrest warrant for Budanov on the charge of creating a terrorist group, a terrorist act, and illegal possession of explosives and firearms. Media reports cited sources close to law enforcement as saying the arrest warrant was linked to an explosion that damaged a Russian-built bridge that connects Russia to Ukraine's Moscow-annexed Crimean Peninsula in October 2022. Budanov has said that his wife lives with him at his office, although she does not work at the GUR. Since June 2021, however, she has been working as an adviser to Kyiv Mayor Vitali Klitschko. According to reports, there have been at least 10 attempts on Budanov's life since 2014, including one during the full-scale invasion by Russia into Ukraine when a rocket attack was carried out on the building of the State Administration of Ukraine in Kyiv. Source:https://www.rferl.org/a/ukraine-intelligence-budanov-wife- poison/32703205.html Copyright (c) 2023. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.
769006
the-times-of-india
The Times of India
ET Online
Mark your calendar! OnePlus 12 to be launched on January 24, will come with Snapdragon Gen 3 chip, periscope lens
The OnePlus 12, succeeding the OnePlus 11 5G, will sport a Qualcomm Snapdragon 8 Gen 3 SoC, a Sony LYTIA LYT808 camera sensor, and features a distinctive design with Pale Green, Rock Black, and White colour options.
https://economictimes.indiatimes.com/magazines/panache/mark-your-calendar-oneplus-12-to-be-launched-on-january-24-will-come-with-snapdragon-gen-3-chip-periscope-lens/articleshow/105581831.cms
https://img.etimg.com/th…anache/photo.jpg
2023-11-29 05:43:31
OnePlus fans, mark your calendars, as the highly anticipated OnePlus 12 is gearing up for a global debut on January 24, 2024. The Chinese smartphone giant initially set its sights on a China launch o… [+2018 chars]
Design
Agencies OnePlus 12 is set to make its global debut on January 24, 2024. Story outline OnePlus 12 is set to make its global debut on January 24, 2024 Details about the launch were disclosed through a marketing campaign The OnePlus 12 will be powered by the Snapdragon 8 Gen 3 SoC OnePlus fans, mark your calendars, as the highly anticipated OnePlus 12 is gearing up for a global debut on January 24, 2024. The Chinese smartphone giant initially set its sights on a China launch on December 5, with global availability following shortly thereafter. Now, recent developments, spurred by a marketing campaign , suggest a specific date for the global unveiling. Marketing Campaign Discloses Launch Details OnePlus's official websites in the UK, the US, and India have accidentally unveiled the launch details. The company launched a "OnePlus 12 subscribe to win" contest, allowing eager fans a chance to snag the upcoming flagship for free. The contest, running from November 27 to January 23, has disclosed key information about the global launch. While the terms and conditions on the UK site explicitly mention the contest window, the India site has subtly confirmed the leak by extending the date range from November 27, 2023, to 2024. The details on the India site indicate that January 23 is "the day before the OnePlus 12 launch event." The evidence strongly suggests that OnePlus 12 will make its global and India debut on January 24, 2024. What To Expect? The OnePlus 12, a successor to the OnePlus 11 5G, has already been making waves with its confirmed specifications. The smartphone will be powered by the Qualcomm Snapdragon 8 Gen 3 SoC and flaunt a Sony LYTIA LYT808 primary rear camera sensor. The design, recently teased by OnePlus, showcases a familiar aesthetic with a circular camera module, curved edges, and three enticing colour options - Pale Green, Rock Black, and White. The OnePlus 12's standout features include a 6.82-inch X1 "Oriental" LTPO OLED display boasting a resolution of 1440 x 3168 pixels and a peak brightness of 2600 nits. The display, a collaborative effort by BOE and OnePlus, is complemented by DisplayMate's A+ certification, guaranteeing top-notch visual performance. OnePlus has also spilled the beans on the device's camera prowess, with a 50 MP main camera, a 48 MP ultra-wide shooter, and a 64 MP periscope lens with 3x telephoto zoom. Hasselblad, known for its camera technology, backs these cameras, promising an out-of-the-box photography experience. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on OnePlus 12 Snapdragon Gen 3 chip periscope lens OnePlus 12 global launch marketing campaign Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
769025
the-times-of-india
The Times of India
ET Online
AMD design centre puts India on way to the top of chip value chain
Semiconductor giant AMD has inaugurated its largest global design centre in Bengaluru which will employ about 3000 engineers Earlier this year, Micron announced setting up an assembly, testing and packaging plant in Gujarat. These moves position India across…
https://economictimes.indiatimes.com/industry/cons-products/electronics/amd-design-centre-puts-india-on-way-to-the-top-of-chip-value-chain/articleshow/105598233.cms
https://img.etimg.com/th…ctimes/photo.jpg
2023-11-29 13:17:25
After American semiconductor company Micron announced setting up an assembly, testing and packaging plant at Sanand in Gujarat a few months ago, now another American semiconductor company, AMD, has i… [+4739 chars]
Design
Reuters The AMD chip-design centre, which will employ approximately 3,000 engineers, bets on India's design talent. After American semiconductor company Micron announced setting up an assembly, testing and packaging plant at Sanand in Gujarat a few months ago, now another American semiconductor company, AMD , has inaugurated in Bengaluru its largest global design centre. Micron and AMD plants are at the opposite ends of the semiconductor chips manufacturing value chain. The AMD plant puts India on track to the top of the global semiconductor value chain while it is just starting out on its chip-making journey. As the chip war between the US and China hots up, with the US restricting access of Chinese companies to American technology, India hopes to enter an industry which has become even more crucial than oil because all digital instruments run on chips. The semiconductor value chain The global value chain of the semiconductor industry has seven differentiated activities, according to a BCG report. Pre-competitive research comprises 15-20% of the global value chain. Design comprises 50% of value addition. Front-end (wafer fabrication) adds 24% value. Rest of the value is added through back-end (assembly, testing and packaging); electronic design automation (EDA) and core intellectual property (IP) which provide sophisticated software support to design; equipment and tools; and raw materials. The US dominates design, EDA and core IP. So, it follows the 'fabless' (outsourcing fabrication) model where design and IP work is done by a company but fabrication is outsourced. Fabrication or manufacturing (front- and back-end) is concentrated in Taiwan, China and South Korea . The rest of the activities, mainly assembly, testing and packaging is concentrated in Asia with China having the largest share. Initially, the US followed the integrated device manufacturer model, where all the activities (design, fabrication and assembly) were done by one company. But slowly fabrication and assembly was outsourced to China and Taiwan. India is trying to emerge as a chip manufacturer which is a highly capital-intensive activity. Manufacturing is strategically important for India because dependence on other countries, especially China, or Taiwan, which is under the threat of forcible Chinese possession, for chips, may jeopardise India's security. Chips are used in all things electronic from debit cards to mobile phones, washing machines to aircraft, and missiles to space rockets. While India has announced a big Productivity-Linked Incentives (PLI) for chip manufacturing, it is a long race and needs lots of investment besides a elaborate local ecosystem. Design, which requires talent more than capital, is the upper end of the value chain, and luckily India already has a significant pool of chip designers. The AMD chip-design plant, which will employ approximately 3,000 engineers, bets on India's design talent. Though a number of American companies have chip design centres in India (AMD too has been in India for long), India's design talent is not comparable with that of the US. But with AMD deciding to set up its biggest plant in India, India's chip-design capabilities will surely improve. India's chip-design landscape The DLI scheme has been a game changer. So far, seven startups and MSMEs in India have availed the design incentives, ET reported in August. It is these smaller and lesser-known companies that have been writing the story of the semiconductor ecosystem in India. Industry observers say even as the government is working on getting foreign fab companies to make the massive investments to build manufacturing plants in India, it is these MSMEs which can actually make India a big semiconductor player — in the design segment which is at the top of the value chain. India already has a good level of design expertise and talent because many multinational companies have been operating from here in the design segment. Vivek Tyagi, chairperson of India Electronics and Semiconductor Association (IESA), told ET last year that with more than 20% of the world's semiconductor designers working out of India, chip designing is a good starting point for the ecosystem the government is planning to set up in India. "More and more that we design, more intellectual properties we have, more patents we have, and more high value jobs we can create, rather than just assembly worker jobs," he said. Aiming to boost India's design talent, the Electronics and IT Ministry aims to train over 85,000 engineers on chip design by expanding the infrastructure available for the technology to 120 academic institutions across the country in the next five years. While chip manufacturing is strategically important for India as it cuts dependence on foreign countries for components of high critical importance, chip design is a low-hanging fruit which will also help establish the whole chip ecosystem without which India can't aim to become a chip superpower. The AMD plant is a crucial step in that direction. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on AMD amd design centre India amd design centre Bangalore micron plant india pli chip design (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Recommended Stories Whirlpool to sell 24% stake in India business to reduce debt Padget Electronics' new smartphone manufacturing facility inaugurated by IT Minister Ashwini Vaishnaw HPCL to commission Chhara LNG terminal in 2-3 months; gets 6-7 offers to hire capacity Thailand’s MQDC to announce first residential project in India early next year Rice on cusp of fresh 15-year high in Asia after sharp rebound REC board approves hike in borrowing to Rs 1.5 lakh cr for FY24 India's oil imports from Russia rebound in November: Data HCL to sell office assets in Bengaluru Godrej Capital Nirmaan partners with DBS Bank India, Visa and Amazon to aid MSME growth Vande Bharat Express train service set to start between Lucknow and Patna 1 2 3 4 5 6 7 8 9 10
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nan
Globalsecurity.org
John Pike
Xi: Bolster rule of law in foreign affairs
Xi Jinping, general secretary of the Communist Party of China Central Committee, has highlighted the significance of strengthening China's foreign-related legal system and its capacity in alignment with the nation's high-quality development and opening-up.
https://www.globalsecurity.org/wmd/library/news/china/2023/11/china-231129-pdo01.htm
nan
2023-11-29 07:36:04
People's Daily Online By Xu Wei (China Daily) 08:24, November 29, 2023 Taking these steps better safeguards interests of nation and people, he says Xi Jinping, general secretary of the Communist P… [+3874 chars]
Design
People's Daily Online By Xu Wei (China Daily) 08:24, November 29, 2023 Taking these steps better safeguards interests of nation and people, he says Xi Jinping, general secretary of the Communist Party of China Central Committee, has highlighted the significance of strengthening China's foreign-related legal system and its capacity in alignment with the nation's high-quality development and opening-up. He made the remarks while chairing a group study session of the Political Bureau of the CPC Central Committee, the Party's core leadership, in Beijing on Monday. The session's participants listened to a lecture given by Huang Huikang, a professor at Wuhan University and former Chinese ambassador to Malaysia, before sharing their views. Xi stressed that bolstering the rule of law in foreign affairs serves both the long-term need for building a strong nation and advancing national rejuvenation through Chinese modernization and the pressing task of advancing high-level opening-up and addressing external risks and challenges. He underlined the legal system related to foreign affairs as the foundation for the rule of law in the sector. The fundamental purpose for advancing law-based governance in foreign-related affairs is to better safeguard the interests of the country and the people through legal means, promote progress in international rule of law and facilitate the construction of a community with a shared future for humanity, he said. Xi underscored the importance of well-structured top-level design, adding that foreign-related legislation, law enforcement, jurisdiction, law compliance and legal services should be advanced simultaneously. In doing so, the nation must give priority to legislation and make simultaneous efforts in the making, amendment, repeal and interpretation of laws so that a systematic and sound legal system can be established, he said. The general secretary urged steps to build an efficient system to put in place the rule of law in foreign affairs, including measures to enhance the efficiency of law enforcement and jurisdiction, promote reforms in the judicial and trial system, and improve the credibility of foreign-related jurisdiction. China must proactively build up its legal services related to foreign affairs and foster globally leading arbitration institutions and law firms, he said. Xi highlighted the necessity to deepen international cooperation in law enforcement and jurisdiction, step up consular protection and assistance, and build a legal security chain to protect China's overseas interests. It is important to raise the awareness of legal compliance, including guiding Chinese citizens and enterprises to abide by local laws and regulations and customs when going abroad, and that they should apply laws and rules to safeguard their legitimate rights and interests, he said. Xi reaffirmed Beijing's commitment to firmly uphold the international order based on international law, actively participate in the formulation of international rules, and promote the rule of law in international relations. The general secretary pointed out that the rule of law goes hand in hand with opening-up, saying that greater strides in opening-up must be coupled with the construction of legal systems related to foreign affairs. He stressed that the rule of law is the best business environment, and it is necessary to optimize an open and transparent legal system related to foreign affairs, strengthen the protection of intellectual property rights and safeguard the legitimate rights and interests of foreign-invested businesses. China must actively align with and adopt high-standard international economic and trade rules, steadily expand institutional opening-up and enhance the level of trade and investment liberalization and facilitation, he said. He called for steps to optimize measures and relevant laws and regulations to make it easier for expatriates to live in China.
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nan
Forbes
Sam Darwish, Forbes Councils Member, Sam Darwish, Forbes Councils Member https://www.forbes.com/sites/forbesbusinesscouncil/people/samdarwish/
STEM In Sub-Saharan Africa: Opportunities And Responsibilities
I emphasize collaborative initiatives to empower the next generation of diverse STEM leaders in Sub-Saharan Africa.
https://www.forbes.com/sites/forbesbusinesscouncil/2023/11/29/stem-in-sub-saharan-africa-opportunities-and-responsibilities/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:30:00
Sam Darwish, Chairman and CEO, IHS Towers. getty As an engineer and co-founder of a communications infrastructure company, I've been a long-time advocate for increasing access to STEM education. I… [+4913 chars]
Sustainability
Sam Darwish, Chairman and CEO, IHS Towers. As an engineer and co-founder of a communications infrastructure company, I've been a long-time advocate for increasing access to STEM education. It was while I pursued my engineering degree in computer communications that I was first exposed to the STEM world, which sparked my interest and led me to a career in telecommunications. In the two decades since co-founding our company, I have been astounded by the sector’s pace of growth and the promise of emerging markets. This is particularly true across Sub-Saharan Africa where we are witnessing a period of great momentum as the region moves closer to 5G. For communications infrastructure providers, this offers a significant opportunity as more infrastructure is required to support the more intense data demands of 5G. Toward Social Sustainability That said, I don't think it should be just about profitability, but rather about creating social and economic sustainability. I believe those in telecommunications, ICT and related industries have a responsibility to support, upskill and advocate for the next generation of STEM leaders. By investing in education, these sectors can help underpin the region’s long-term growth prospects, increasing access to digital learning and providing the platform for young people to pursue relevant technical, STEM-based degrees. The importance of STEM verticals continues to grow. While most would happily forget the Covid-19 pandemic, this unprecedented period brought to the forefront the crucial role of STEM-anchored industries. As for communication infrastructure companies and mobile network operators, not only did they provide a critical service keeping millions connected, they did so thanks to talented engineers. These workers kept operations running and remained in the field throughout the pandemic. Despite the challenges faced during this period, engineers and technicians demonstrated remarkable adaptability, perseverance and empathy. However, what was evident worldwide, was that despite the critical role frontline workers play in society, even those in STEM fields, they can often be less economically rewarded for their efforts. Recognizing Frontline Workers And Broadening Opportunities Never one to shy away from a challenge, I want to tackle this inequality head-on. How can we better recognize frontline workers and help broaden opportunities available for future generations? How can we further their prospects and create a pipeline of talent for STEM sectors? Reflecting on the heritage and values I find most important, I believe industry leaders must align with global agendas, looking to those goals set by organizations like the United Nations and World Bank, to create opportunities in this sector. From my experience launching a scholarship program that helps fund the university education of the children of frontline workers, I've found that for any company wishing to deliver an education program on the African continent, partnership is key. For example, this could include third-party educational consultants whose expertise can help provide students with the most effective and constructive support. As the demand for STEM education grows, it is important to channel the enthusiasm for these subjects and support initiatives that align with broader educational goals. Therefore, the collaboration between companies, educational consultants and the community is vital to create effective and sustainable education programs that contribute to the development of the next generation of STEM leaders. Focusing On Women In STEM In Nigeria, where we founded our company, I've observed that the government there is increasingly promoting STEM subjects as it strives to keep pace with technological advancements. Yet despite efforts, there remains a worrying underrepresentation of women in STEM subjects. According to UNESCO, only 23% of scientific researchers in Nigeria are women, compared with around 33% as an average worldwide. As the World Bank reports, while a higher proportion of adolescent girls remain in school in Sub-Saharan Africa, the percentage of those who complete their secondary education is reported to be only 42%. Of that proportion, traditional stereotypes and cultural barriers mean the number of girls choosing STEM pathways in higher education declines even further. However, through resources, knowledge and networks, I believe this is a trend we can improve. I am challenging my colleagues to think creatively as to how we can go one step further and tackle educational inequality at an even earlier age. I share UN Secretary-General António Guterres’ vision that "We can all do our part to unleash our world’s enormous untapped talent — starting with filling classrooms, laboratories, and boardrooms with women scientists." I feel hopeful, and it is incredibly exciting to watch the next generation of talent look to solve the challenges and opportunities of our future. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
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nan
Forbes
Nell Derick Debevoise, Senior Contributor, Nell Derick Debevoise, Senior Contributor https://www.forbes.com/sites/nelldebevoise/people/nelldebevoise/
Implementers Are Change Agents
While the traditional view of leadership often centers around visionary thinking, the world benefits immensely from the grounded action-oriented leadership style of Doers
https://www.forbes.com/sites/nelldebevoise/2023/11/29/implementers-are-change-agents/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 13:30:00
Implementing ideas Unsplash The Global Impact of Doers: Catalyzing Real-World Change In the dynamic landscape of community and global impact, one archetype stands outthe Doer, an individual whose… [+3870 chars]
Sustainability
Implementing ideas The Global Impact of Doers: Catalyzing Real-World Change In the dynamic landscape of community and global impact, one archetype stands out—the Doer, an individual whose primary focus is on getting things done. While we sometimes belittle actually doing the work as ‘being in the weeds,’ there is absolutely a transformative role for Doers. Their pragmatic, action-oriented approach can leave an enduring mark on communities and the broader global stage. Beyond labels and proclivities, Doers play a pivotal role in shaping the trajectory of the world by turning vision into reality. The Catalysts for Real-World Change Doers, often guided by an unwavering commitment to tangible results, serve as catalysts for real-world change. Their motivation stems from a simple yet powerful belief: actions speak louder than words. Whether operating within the context of a team, an organization, or a global initiative, Doers channel their energy into projects that have a palpable impact on the communities they serve. Tangible Outcomes in a Visionary World At the heart of the Doer's impact is the ability to deliver tangible outcomes. In a world replete with grand visions and high-level strategies, Doers act as the driving force, ensuring that ideas materialize into concrete results. Their modus operandi revolves around the notion that diligent effort and application will yield desired outcomes. This commitment to action transcends organizational boundaries, as Doers actively contribute to projects addressing societal and global challenges. Doers in the Global Leadership Landscape While the traditional view of leadership often centers around visionary thinking, the world benefits immensely from the grounded, action-oriented leadership style of Doers. These individuals articulate clear objectives and expectations, steering global initiatives toward success. Doers excel in involving diverse teams in shaping strategies, leveraging their practical skills in execution, performance management, and delegation. In a world demanding effective collaboration and swift action, Doers bring a pragmatic and results-driven approach to the forefront. Driving Global Change Doers are not confined by titles or proclivities; their impact extends to addressing some of the world's most pressing issues. Whether championing sustainability, leading humanitarian efforts, or revolutionizing healthcare systems, Doers contribute their energy to projects that generate real-world change. Their commitment to completing tasks aligns seamlessly with the urgency required to tackle global challenges head-on. The Communicative Power of Doers Effective communication is a hallmark of the Doer's impact on the world. They excel in bringing clarity to the "how" of action, ensuring that teams, stakeholders, and communities understand the actionable steps forward. Doers contribute practical and constructive insights, shaping ideas into executable plans. This communicative power becomes instrumental in garnering support for global initiatives and fostering collaboration on an international scale. Doers: Architects of Global Transformation In conclusion, Doers emerge as architects of global transformation, leveraging their innate drive to get things done to turn vision into reality. Their impact extends beyond individual teams and organizations, reaching into the fabric of societal change. By recognizing and empowering Doers, we unlock the potential for meaningful progress on a global scale. Communities and the world at large benefit from the invaluable contributions of individuals who, above all, are defined by their commitment to action and results. In the grand tapestry of global impact, Doers shine as the driving force propelling us toward a better, more action-oriented future. Follow me on Forbes (It’s free! Just click the blue button to the right of my name!) to get more insights about the ways that different energies and styles contribute to wellbeing, impact, and performance in three dimensions: for Me, We, and World.
769104
nan
GlobeNewswire
SNS Insider pvt ltd
Vertiports Market to Surpass USD 11.05 Billion by 2030 Driven by Advancements in VTOL Technology and Government Support | Research by SNS Insider
Based on SNS Insider’s research, the vertiports market is poised for significant growth, driven by factors such as urbanization, technological advancements, environmental sustainability, government support, and strategic investments. Based on SNS Insider’s re…
https://www.globenewswire.com/news-release/2023/11/29/2787724/0/en/Vertiports-Market-to-Surpass-USD-11-05-Billion-by-2030-Driven-by-Advancements-in-VTOL-Technology-and-Government-Support-Research-by-SNS-Insider.html
https://ml.globenewswire.com/Resource/Download/cb2adc75-7bac-484e-a705-cb2addc4a99e
2023-11-29 13:13:00
Pune, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The Vertiports Market , as per the SNS Insider report, witnessed a size of USD 0.24 Billion in 2022 and is projected to surge to USD 11.05 Billion by 2030, ex… [+9833 chars]
Sustainability
Pune, Nov. 29, 2023 (GLOBE NEWSWIRE) --“TheVertiports Market, as per the SNS Insider report, witnessed a size of USD 0.24 Billion in 2022 and is projected to surge to USD 11.05 Billion by 2030, experiencing a robust compound annual growth rate of 61.4% from 2023 to 2030.” Market Overview Vertiports are specialized infrastructure hubs designed to facilitate the landing, takeoff, and maintenance of VTOL aircraft. Unlike traditional airports, these ports are tailored to meet the unique needs of vertical flight vehicles, providing a seamless connection between ground transportation and air travel within urban environments. Vertiports are a vital component in the realization of urban air mobility (UAM), offering a network of strategically located points for convenient and efficient aerial transportation. Market Analysis The rapid increase in global urbanization has led to unprecedented levels of traffic congestion in major cities. Vertiports present a scalable solution to alleviate ground transportation congestion by introducing a three-dimensional dimension to urban mobility. This addresses the growing need for efficient and time-saving transportation options in densely populated urban areas. The continuous advancements in VTOL technology, particularly in electric propulsion and autonomy, are instrumental in driving the adoption of vertiports. As VTOL aircraft become more sophisticated and attain higher levels of safety and reliability, the demand for dedicated infrastructure to support these vehicles is on the rise. Vertiports play a pivotal role in ensuring the seamless integration of these cutting-edge aircraft into urban airspace. With an increasing focus on environmental sustainability, vertiports contribute to the reduction of carbon emissions in urban transportation. Electrically powered VTOL vehicles are inherently cleaner and more environmentally friendly than traditional modes of transportation. As a result, governments and private enterprises are investing in the development of vertiports to encourage the adoption of eco-friendly urban air mobility solutions. All these factors to foster the vertiports market growth. Get a Sample Report of Vertiports Market@https://www.snsinsider.com/sample-request/3588 Key Company Profiles Listed in this Report are: The Major Players are Altaport Inc., Aeroauto, Anra Technologies, Siemens, Airbus, Sita, Bayards Vertiports, Skyports Infrastructure Limited, Ferrovial, Volocopter GmBH, Lilium Aviation GmBH, Skyways, Urban V S.P.A, Skyscape Inc., Skyportz and Other Players Vertiports Market Report Scope: Key Takeaway from Vertiports Market Study Recent Developments Do you have any specific queries or need any customized research on Vertiports Market, Enquiry Now@https://www.snsinsider.com/enquiry/3588 Market Dynamics Analysis In the dynamic landscape of urban air mobility, the vertiports market is experiencing a profound transformation, driven by a confluence of factors that serve as both catalysts and constraints. One of the primary drivers propelling the growth of vertiports is the escalating demand for efficient and sustainable transportation solutions in increasingly congested urban areas. The pressing need to alleviate traffic congestion and reduce carbon emissions has prompted governments and private enterprises to invest significantly in the development of vertiport infrastructure. Moreover, technological advancements in electric vertical takeoff and landing (eVTOL) aircraft have accelerated the feasibility of urban air mobility, further boosting the demand for vertiport facilities. However, amidst the optimistic trajectory, several restraints and challenges present themselves. Regulatory hurdles and airspace management complexities pose significant impediments to the widespread adoption of vertiport infrastructure. As the industry strives to establish standardized regulations and ensure the safe integration of air taxis into urban airspace, navigating these regulatory challenges becomes paramount. Vertiports Market Key Segmentation: By Type By Solution By Location By Landscape By Topology Key Regional Developments North America stands at the forefront of the vertiports market, driven by a confluence of factors. The region's robust infrastructure, coupled with a burgeoning interest in urban air mobility, has paved the way for rapid vertiport development. Cities like Los Angeles and Dallas have emerged as key hubs, fostering partnerships between local authorities and industry players. Europe follows closely behind, with a proactive approach to integrating vertiports into urban planning. Cities such as Paris, Amsterdam, and Munich have witnessed notable investments in vertiport infrastructure, aligning with the region's commitment to sustainable and efficient transportation solutions. The Asia-Pacific region is witnessing a surge in vertiport development, fueled by rapid urbanization and the need for efficient intra-city transportation. Buy Single-User PDF of Vertiports Market Outlook Report 2023-2030@https://www.snsinsider.com/checkout/3588 Impact of Recession on Vertiports Market Growth The economic downturn has prompted changes in consumer behavior, impacting the demand for urban air mobility services. Uncertainty about employment and income has led to a potential decrease in discretionary spending on air travel, affecting the utilization of vertiports. This shift in consumer priorities may pose challenges for the widespread adoption of VTOL aircraft and, consequently, the demand for vertiport services. Despite the economic challenges, technological advancements in the UAM sector continue. Companies involved in the vertiports market are innovating to enhance efficiency, safety, and sustainability. The recession has accelerated the need for cost-effective solutions, driving research and development efforts focused on creating more economical vertiport designs and operations. Table of Contents 1. Introduction 2. Research Methodology 3. Market Dynamics 4. Impact Analysis 5. Value Chain Analysis 6. Porter’s 5 forces model 7. PEST Analysis 8. Vertiports Market Segmentation, By Type 9. Vertiports Market Segmentation, By Solution 10. Vertiports Market Segmentation, By Location 11. Vertiports Market Segmentation, By Landscape 12. Vertiports Market Segmentation, By Topology 13. Regional Analysis 14. Company Profile 15. Competitive Landscape 16. USE Cases and Best Practices 17. Conclusion Access Complete Report Details@https://www.snsinsider.com/reports/vertiports-market-3588 [For more information or need any customization research mail us at info@snsinsider.com] About Us: SNS Insideris one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
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nan
GlobeNewswire
FACT.MR
Low Voltage Motors Market to Touch US$ 79.55 Billion Valuation by 2033: Fact.MR Report
Expansion of renewable energy generation is a key factor shaping the market growth of low voltage motors Expansion of renewable energy generation is a key factor shaping the market growth of low voltage motors
https://www.globenewswire.com/news-release/2023/11/29/2787494/0/en/Low-Voltage-Motors-Market-to-Touch-US-79-55-Billion-Valuation-by-2033-Fact-MR-Report.html
https://ml.globenewswire.com/Resource/Download/f482b854-04d1-4f4e-9237-f7c7c6823e10
2023-11-29 08:00:00
Rockville , Nov. 29, 2023 (GLOBE NEWSWIRE) -- As per Fact.MR, a provider of market research and competitive intelligence, the global Low Voltage Motors Market is forecasted to expand at a 6.8% CAGR… [+8047 chars]
Sustainability
Rockville , Nov. 29, 2023 (GLOBE NEWSWIRE) -- As per Fact.MR, a provider of market research and competitive intelligence, the globalLow Voltage Motors Marketis forecasted to expand at a 6.8% CAGR to reach a value of US $79.55 Bn by the end of 2033. Low voltage motors operate at voltages below 1,000 volts and offer several advantages over alternatives. They are notably energy-efficient, leading to cost savings. Installation and maintenance are easier, contributing to reduced downtime and lower overall costs. Safety is enhanced due to the lower operating voltages. Additionally, low-voltage motors are versatile, compatible with various control systems, and suitable for a range of applications. For More Insights into the Market, Request a Sample of this Report:https://www.factmr.com/connectus/sample?flag=S&rep_id=256 Key Segments ofLow Voltage MotorsIndustry Research Report They also exhibit improved power factor, lower transmission losses, and better integration with renewable energy sources. Their compliance with industry standards ensures reliability and regulatory adherence. Overall, low-voltage motors provide a cost-effective, safe, and efficient solution for diverse industrial, commercial, and residential needs. The growth of the low-voltage motors market is primarily driven by the increasing demand for energy-efficient solutions across industries. Stringent regulations promoting energy conservation and the rising emphasis on sustainability are pushing businesses to adopt low-voltage motors. However, the market faces a challenge stemming from economic uncertainties and fluctuations in global markets. The demand for low-voltage motors, particularly in industries sensitive to economic conditions, can be significantly impacted. Rapid advancements in technology may necessitate continuous innovation and upgrades, posing a struggle for manufacturers to stay competitive. Key Takeaways: The demand for high energy efficiency, the expansion of industrial automation, and the integration of renewable energy sources to meet sustainability goals are key factors that are driving the industry growth-Says FACTMR Expert Market Competition Key industry players in this competitive sector are directing their efforts toward the creation of innovative products incorporating state-of-the-art technologies. Additionally, there is a strategic emphasis on mergers and partnerships to expand their global presence. Notable market leaders in this space include ABB, Siemens, TECO-Westinghouse Motor Company, and Hyosung Power & Industrial Systems Performance. Winning strategies Get Customization on this Report for Specific Research Solutions:https://www.factmr.com/connectus/sample?flag=RC&rep_id=256 The demand for IE 1 low voltage motors is anticipated to grow at a CAGR of 7.3% from 2023 to 2033. IE1 motors, compared to higher efficiency classes like IE2, IE3, or IE4, are often more cost-effective with a lower initial purchase cost. This makes IE1 motors an attractive choice for budget-conscious buyers or applications where stringent energy efficiency standards are not enforced. IE1 motors have been widely available in the market for an extended period, resulting in manufacturers maintaining substantial inventories. Their longstanding use across various sectors has established their familiarity and widespread adoption. Due to their established presence and easy availability, customers and industries may prefer IE1 motors. Many existing industrial systems and facilities still rely on IE1 motors. The expense and complexity of retrofitting or replacing all old motors with higher efficiency classes make IE1 motors a practical choice in applications where upgrading is not a priority or financially viable. Checkout More Related Studies Published by Fact.MR Research: Vibration Motor Market:The global vibration motor market is estimated at USD 6.5 Billion in 2022 and is forecast to reach USD 24.1 Billion by 2032, growing at a CAGR of 14.1% during 2022-2032. Railway Traction Motors Market:The global railway traction motors market is valued at US$ 11 billion in 2022 and is estimated to reach US$ 17 billion by 2032, expanding at a CAGR of 4.4% from 2022 to 2032 (forecast period). Electric Motors for Electric Vehicle Market:North America and Europe are the two leading regions expected to reign in electric motors for electric vehicle market in the forecast period. About Us: Fact.MRis a distinguishedmarket research companyrenowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape. Contact:US Sales Office:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel: +1 (628) 251-1583Sales Team:sales@factmr.comFollow Us:LinkedIn|Twitter|Blog
769266
nan
GlobeNewswire
Balram's Immigration Consultancy
Balram's Immigration Consultancy: Bridging Labor Gaps in the Canadian Hospitality Industry
Balram's Immigration Consultancy: Your strategic partner for bridging labor gaps in Canada's hospitality sector. Proactive solutions for sustained growth.
https://www.globenewswire.com/news-release/2023/11/29/2787445/0/en/Balram-s-Immigration-Consultancy-Bridging-Labor-Gaps-in-the-Canadian-Hospitality-Industry.html
https://ml.globenewswire.com/Resource/Download/64be2113-9094-4fb4-bb00-d50dbcc68f67
2023-11-29 01:47:00
TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- In the dynamic landscape of the Canadian workforce, where labor shortages can be a considerable challenge, Balram's Immigration Consultancy emerges as a piv… [+8069 chars]
Sustainability
TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- In the dynamic landscape of the Canadian workforce, where labor shortages can be a considerable challenge, Balram's Immigration Consultancy emerges as a pivotal player, adeptly navigating the complexities of immigration processes to address the specific needs of businesses, particularly in the restaurant and hotel industries. Headed by the experienced Regulated Canadian Immigration Consultant (RCIC) Balram Kishan, the consultancy stands as a beacon of support, offering comprehensive services designed to bridge critical labor gaps and contribute to the sustained growth of the Canadian economy. A Response to Industry-Specific Challenges:The restaurant and hotel industries, vital pillars of Canada's economic infrastructure, often grapple with labor shortages that can have far-reaching consequences. From diminished service quality to the potential closure of businesses, the impact is substantial. Balram's Immigration Consultancy has positioned itself as a strategic partner for businesses in these sectors, providing tailored immigration and recruitment services that align with the unique demands of the hospitality industry. Diverse Solutions for a Dynamic Industry:What sets Balram's Immigration Consultancy apart is its ability to offer tailored solutions across a diverse range of positions within the restaurant and hotel sectors. From culinary roles such as cooks and chefs to front-of-house positions like servers and hosts, and encompassing crucial support staff roles including kitchen helpers, food counter attendants, housekeepers, and cleaners, the consultancy's expertise spans the entire spectrum of the hospitality industry. Furthermore, Balram's Immigration Consultancy extends its services to address the staffing needs of managerial and administrative positions, including restaurant managers, hotel front desk clerks, HR professionals, and general managers. This comprehensive approach ensures that businesses receive support for a wide array of roles critical to their operations. Rigorous Recruitment Process: Unveiling Talent and Expertise:The success of Balram's Immigration Consultancy lies in its meticulous recruitment process, which is designed to identify and present employers with profiles that not only meet but exceed their specific requirements. The consultancy actively collaborates with businesses to understand their unique needs, facilitating interviews and ensuring a transparent selection process that empowers employers to make informed decisions about their workforce. This process not only involves matching skills and experience but also assessing candidates for cultural fit and adaptability, essential elements in the fast-paced and dynamic environment of the hospitality industry. By unveiling talent and expertise from around the world, Balram's Immigration Consultancy plays a vital role in elevating the capabilities of Canadian businesses. Navigating LMIA Approval: A Crucial Step in the Process:A cornerstone of the recruitment process is obtaining Labour Market Impact Assessment (LMIA) approval from Employment and Social Development Canada (ESDC). This approval is a critical indicator that hiring foreign workers will not negatively impact local employment opportunities. Balram's Immigration Consultancy excels in navigating this intricate process, working closely with businesses to address concerns and ensure the successful approval of LMIA. The consultancy's expertise in this area is fundamental to businesses seeking foreign talent. The process involves a thorough assessment of the employer's need for foreign workers, considering factors such as the local labor market, efforts to hire locally, and the potential impact on wages and working conditions. A positive LMIA not only signifies approval for hiring foreign workers but also underscores the alignment of the hiring practices with broader economic goals. Ensuring Work Permit Approval: Facilitating Legal Work Authorization:With a positive LMIA in hand, the next critical milestone is obtaining a work permit for the foreign worker. This authorization, granted by the Immigration, Refugees, and Citizenship Canada (IRCC), is an essential requirement for individuals who do not already possess a work permit. Balram's Immigration Consultancy actively assists employers and employees, providing hands-on guidance through the complexities of this process. This includes facilitating the preparation and submission of work permit applications, ensuring all necessary documentation is in order, and advocating for the timely processing of applications. The consultancy's commitment to streamlining the work permit approval process contributes to the swift integration of skilled foreign workers into the Canadian workforce. Strategic Planning for Optimal Results: The Vision of Balram Kishan:At the helm of Balram's Immigration Consultancy is RCIC Balram Kishan, whose industry acumen and strategic vision have been instrumental in the consultancy's success. Recognizing the time-intensive nature of the recruitment, LMIA approval, and work permit processes, Kishan advises businesses to adopt a proactive approach. He emphasizes the importance of planning well in advance, suggesting that businesses initiate recruitment efforts in the fall to ensure that their workforce is ready to meet demand during the crucial summer season. This strategic timeline not only minimizes disruptions to operations but also positions businesses for long-term success by anticipating and addressing their staffing needs in a timely manner. Kishan's proactive approach aligns with the consultancy's commitment to providing not just immediate solutions but also contributing to the sustained growth and resilience of client businesses. By encouraging businesses to plan strategically and anticipate their labor needs, Balram's Immigration Consultancy emerges as a partner invested in the long-term success of its clients. Proactive Approach: A Pillar of Balram's Immigration Consultancy:Balram's Immigration Consultancy distinguishes itself through its proactive approach to addressing labor shortages. In a landscape where reactive solutions may fall short, the consultancy stands out for its ability to anticipate challenges and guide businesses in navigating the intricacies of the foreign work recruitment process. By addressing the unique needs of the restaurant and hotel industries and offering proactive solutions, Balram's Immigration Consultancy contributes not only to the immediate staffing requirements of businesses but also to their long-term sustainability. This commitment to proactive problem-solving positions the consultancy as a trusted and indispensable partner for businesses seeking skilled foreign workers. Why Choose Balram's Immigration Consultancy? Expertise:Led by RCIC Balram Kishan, the consultancy brings a wealth of experience and expertise in immigration processes, ensuring businesses receive the highest standard of support.Industry Focus:Specializing in the restaurant and hotel sectors, the consultancy tailors its services to meet the unique challenges and demands of these industries.End-to-End Support:Balram's Immigration Consultancy provides comprehensive support from recruitment to LMIA approval and work permit issuance, streamlining the entire process for employers and employees.Strategic Planning:Balram Kishan's guidance on planning for the busy season well in advance reflects a commitment to the success and sustained growth of client businesses. Contact Information:Balram's Immigration ConsultancyPhone: 833-247-8472Email: info@balramimmigration.comContact Person: Balram Kishan Future Outlook: A Commitment to Sustained Growth:As Balram's Immigration Consultancy continues to make significant strides in addressing labor shortages, the company remains dedicated to supporting Canadian businesses and ensuring a robust workforce for sustained growth. The consultancy's commitment to excellence, strategic foresight, and proactive problem-solving establish it as a trusted and indispensable partner for businesses in need of skilled foreign workers. For media inquiries, please contact:Balram Kishanbk@balramimmigration.com833-247-8472 x700
769268
nan
GlobeNewswire
Research and Markets
Global Polyolefin Industry Report 2023: Market to Reach $357.3 Billion by 2030 - Consumer Safety Awareness Boosts Demand in Various Industries
Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The "Polyolefin Market Size, Share & Trends Analysis Report By Product (Polyethylene, Polypropylene, Polycarbonate), By Application (Film & Sheet, Injection Molding, Blow Molding), By Region, And Segment Forecasts" re…
https://www.globenewswire.com/news-release/2023/11/29/2787573/28124/en/Global-Polyolefin-Industry-Report-2023-Market-to-Reach-357-3-Billion-by-2030-Consumer-Safety-Awareness-Boosts-Demand-in-Various-Industries.html
https://ml.globenewswire.com/Resource/Download/908fb457-7f8e-4a08-9081-5565e3dfb3d7
2023-11-29 11:18:00
Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The "Polyolefin Market Size, Share &amp; Trends Analysis Report By Product (Polyethylene, Polypropylene, Polycarbonate), By Application (Film &amp; Sheet, In… [+7660 chars]
Sustainability
Dublin, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The"Polyolefin Market Size, Share & Trends Analysis Report By Product (Polyethylene, Polypropylene, Polycarbonate), By Application (Film & Sheet, Injection Molding, Blow Molding), By Region, And Segment Forecasts"report has been added toResearchAndMarkets.com'soffering.The global polyolefin market is anticipated to reach USD 357.3 billion by 2030. The market is projected to expand at a CAGR of 5.1% from 2023 to 2030 The market is poised for growth due to increasing adaptation across the end-use industries. The use of polyolefins in automotive applications helps reduce fuel consumption on account of their ability to reduce the density and weight of vehicles compared to conventional materials such as rubber and metal. The use of polyolefins in automotive applications helps reduce fuel consumption on account of their ability to reduce the density and weight of vehicles compared to conventional materials such as rubber and metal. Increasing awareness regarding health hazards and consumer safety in various industries, such as electronics, healthcare, wire & cable, construction, and automotive, is expected to drive the global market over the forecast period.The use of polyolefins in automotive applications helps reduce fuel consumption on account of their ability to reduce the density and weight of vehicles compared to conventional materials such as rubber and metal. Increasing awareness regarding health hazards and consumer safety in various industries, such as electronics, healthcare, wire & cable, construction, and automotive, is expected to drive the global market over the forecast period.In the Polyolefin Market, major players have adopted various strategic initiatives such as new product launch, production expansion, merger & acquisition, and others. These strategic initiatives enable the market players to maintain the competitive environment and meet global demand. For instance, in May 2023, Borealis, an advanced & circular polyolefin solution provider launched Stelora to its existing portfolio of polyolefins. This sustainable engineering polymer provides attributes such as strength, durability, and higher thermal resistance.Research activities focused on new materials, which combine several properties, are projected to gain wide acceptance in this industry in the coming years. Some of the prominent companies manufacturing these products include China Petrochemical Corporation; LyondellBasell Industries Holdings B.V.; PetroChina Company Limited; TotalEnergies; Chevron Corporation; Repsol; Dow, Inc.; Exxon Mobil Corporation; Braskem; and Borealis AG.Polyolefin Market Report Highlights Key players include Key Topics Covered:Chapter 1 Methodology And ScopeChapter 2 Executive Summary2.1 Market Snapshot 20222.2 Segment Snapshot2.3 Competitive Landscape SnapshotChapter 3 Polyolefin Market: Variables And Trends3.1 Market Lineage Outlook3.1.1 Global Plastics Market Outlook3.2 Penetration & Growth Prospect Mapping3.3 Industry Value Chain Analysis3.3.1 Raw Material Trends3.3.2 Raw Material Price Analysis3.4 Technology Overview3.5 List Of Announced Upcoming Plants3.6 Analysis Of Potential Substitute Material3.7 Regulatory Framework3.7.1 Standard & Compliances3.7.2 Safety3.7.2.1 Polyethylene (Pe)3.7.2.2 Polypropylene (Pp)3.8 Market Dynamics3.8.1 Market Driver Impact Analysis3.8.1.1 Growth Of Key End-use Industries3.8.1.2 Shift In Trend Toward Replacement Of Glass & Metals3.8.2 Market Restraint Impact Analysis3.8.2.1 Stringent Rules & Regulations3.8.3 Industry Challenge Analysis3.9 Industry Analysis Tools3.9.1 Porter's Analysis3.9.2 Macroeconomic Analysis3.10 Looming Inflation Concerns & Economic Slowdown And Its Impact On Polyolefin Market3.11 Eastern Europe Geopolitical Conflict Impact On Polyolefin MarketChapter 4 Polyolefin Market: Product Estimates & Trend Analysis4.1 Product Movement Analysis & Market Share, 2022 & 20304.2 Product Movement Analysis & Market Share, 2022 & 20304.3 Polyolefin Market Estimates & Forecast, By Product (Kilotons) (USD Million)4.3.1 Polyethylene (Pe)4.3.2 Polypropylene (Pp)4.3.3 Ethylene-vinyl Acetate (Eva)4.3.4 Thermoplastic Polyolefins (Tpos)4.3.5 Polyoxymethylene (Pom)4.3.6 Polycarbonate (Pc)4.3.7 Polymethyl Methacrylate (Pmma)4.3.8 OthersChapter 5 Polyolefin Market: Application Estimates & Trend Analysis5.1 Application Movement Analysis & Market Share, 2022 & 20305.2 Application Movement Analysis & Market Share, 2022 & 20305.3 Polyolefin Market Estimates & Forecast, By Application (Kilotons) (USD Million)5.3.1 Film & Sheet5.3.2 Injection Molding5.3.3 Blow Molding5.3.4 Profile Extrusion5.3.5 OthersChapter 6 Polyolefin Market: Regional Estimates & Trend Analysis6.1 Polyolefin Market: Regional OutlookChapter 7 Polyolefin Market - Competitive Landscape7.1 Recent Developments & Impact Analysis, By Key Market Participants7.2 Vendor Landscape7.2.1 Company Categorization7.2.2 List Of Key Distributors And Channel Partners7.2.3 List Of Potential Customers/end-use7.3 Competitive Dynamics7.3.1 Company Market Share Analysis & Market Positioning7.3.2 Strategy Mapping7.3.2.1 Expansions7.3.2.2 Mergers & Acquisitions7.3.2.3 Collaborations7.3.2.4 New Product Launches7.3.2.5 Completion7.3.3 Company Heat Map Analysis7.4 Participant's Overview For more information about this report visithttps://www.researchandmarkets.com/r/v6wesb About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
769337
the-times-of-india
The Times of India
Pratik Bhakta
P2P companies log revenue jump, thanks to business partnerships
After years of slow growth and a fledgling business model, some P2P platforms have shown a strong uptick in business volumes mainly through their affiliate programmes, but will regulatory action make this short lived?
https://economictimes.indiatimes.com/tech/startups/p2p-startups-show-strong-revenue-leverage-partnership-business-to-the-fullest/articleshow/105570146.cms
https://img.etimg.com/th…ettech/photo.jpg
2023-11-29 00:31:00
Peer-to-peer lending, which has mostly remained confined to the margins of the financial services sector, has reported strong growth in the last financial year.According to their regulatory filings, … [+5269 chars]
Startups
Peer-to-peer lending , which has mostly remained confined to the margins of the financial services sector, has reported strong growth in the last financial year. According to their regulatory filings, a bunch of P2P lending companies more than doubled their revenue in fiscal 2023 from the previous year. According to industry insiders, P2P lenders finally seem to have found a steady business model through partnerships with large consumer-facing applications. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit IIM Kozhikode IIMK Advanced Data Science For Managers Visit Indian School of Business ISB Professional Certificate in Product Management Visit A P2P lender operates as a platform connecting individual lenders and borrowers. Instead of relying on open market sourcing, players like LenDenClub and Liquiloans started partnering with fintech startups with a large user base like BharatPe , Cred and PhonePe to source customers. It seems these partnerships have helped boost business volumes, in turn both their revenue and profit. Platforms typically get a commission per disbursal. ETtech “Financial year 2023 was the first time when most of the large partnerships went live and the impact of Covid-19 had also subsided. This helped the companies grow their business significantly,” said the founder of a P2P lending startup on the condition of anonymity. 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 Strong Top Line According to financials reported to the Ministry of Corporate Affairs, accessed through data intelligence firm Tofler, Mumbai-based P2P company LenDenClub reported revenue of Rs 315 crore in FY23, up 114% from Rs 147 crore the previous year. Profit before tax, though, fell to Rs 20 lakh from Rs 10 crore. “Business loans and personal loans both showed sizable growth with 60% and 40% contribution to the revenue, respectively,” said cofounder Bhavin Patel. “Our D2C business remains the best to contribute towards the bottom line … three partners contribute more than 50% in the revenue generated through partnership as a sourcing channel.” Matrix Partners-backed Liquiloans also reported a three-and-a-half-time jump in revenue at Rs 220 crore in FY23 from Rs 62.4 crore in the year prior. It reported a profit before tax of Rs 7.3 crore, up 82% from Rs 4 crore in the previous year. Gurgaon-based P2P lending platform Faircent reported total revenue of Rs 41.7 crore last fiscal year. Albeit on a low base, even Faircent’s revenues almost doubled from Rs 24 crore the year earlier. It managed to control loss to Rs 51 lakh compared with Rs 2.9 crore in FY22. New Delhi-registered P2P startup Lendbox also performed along similar lines. It reported total revenue of Rs 54 crore in fiscal 2023, compared with Rs 3.8 crore in the previous year. Its loss came down to Rs 2.4 crore from Rs 2.7 crore. “In the P2P space, a couple of players raced ahead of competition by drawing massive demand by partnering with large fintech startups, now others are also trying to create their own affiliate models,” said a top executive at a fintech firm which works with P2P startups . "On the whole the industry is reaching a tipping point as the network effect is kicking in, the drivers have been greater acceptance of P2P lending as an asset class by the lenders (investors) and by borrowers as an alternative form of credit,” said Faircent founder Rajat Gandhi. “Overall, Faircent’s strategy has been to build an independent brand without any dependence on any anchor or single partnership," Gandhi added. Working with partners Founded in 2015, LenDenClub works with platforms like Google Pay, PhonePe, Cred and BharatPe. As per data shared by the company, in October its assets under management stood at Rs 1,119 crore with almost 3% of the assets being non-performing. According to the company, Rs 13,415 crore had been invested through it till date. Mumbai-based Liquiloans, which is backed by the likes of Cred, Matrix Partners India and Venture Catalysts, claims to have disbursed more than Rs 4,400 crore with gross NPA of 0.43%. Liquiloans has built its affiliate programme with Razorpay, Rupeek, Cred, BharatPe, Khatabook and others. But one section within the industry believes that these affiliate programmes run in contravention to Reserve Bank of India rules which mandate P2P startups to remain only as a platform and not take any exposure on their books. ET wrote on August 30 that the RBI held back-channel conversations with P2P startups , asking them to diversify their partnership business to prevent any scope of an asset-liability mismatch. Also read | After online payments, digital loans, now P2P lending under RBI lens “The central bank has spoken to almost every player in the space to understand the partnership business and the thought process within the industry is that there could be some regulatory updates next year or so, but we are not expecting something drastic,” said the founder of another P2P lending startup. The RBI has taken decisive action in the past to protect consumer interest. If it acts in a similar fashion to cut down these affiliate programmes, then it might drag the sector back into the slow lane. Otherwise, P2P startups might feel confident of finally getting into a stable business model. Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on P2P startups bharatpe liquiloans reserve bank of india Cred Lendbox PhonePe LenDenClub Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Gold prices will be impacted by Fed moves, geopolitical scenarios and upcoming polls From the Internet to cloud to AI: the musical chair of strategy and performance in Indian IT industry How a humble bamboo can transform real-estate sector’s messy carbon problems Silent killer: India gasps for breath as COPD spreads to rural areas, affects non-smokers. 3 insights to kick-start your day, featuring PhonePe’s latest big move Stock Radar: 11% rally in a month! This heavy equipment maker is likely to surpass Rs 5,000 levels to hit fresh highs 1 2 3 View all Stories
769355
the-times-of-india
The Times of India
ETMarkets.com
Zomato block deal alert: Alipay said to have sold 29 crore shares; stock up 4%
Alipay, owned by Ant Group, was looking to offload its entire 3.44% stake in Zomato, according to reports. A confirmation will come only in the evening when bourses release block and bulk deals data.
https://economictimes.indiatimes.com/markets/stocks/news/zomato-block-deal-alert-alipay-said-to-have-sold-29-crore-shares-stock-up-4/articleshow/105580822.cms
https://img.etimg.com/th…arkets/photo.jpg
2023-11-29 04:53:03
Chinese payments group Alipay is likely to have sold at least 29 crore shares in food delivery giant Zomato at Rs 112 per share in a large block deal on the BSE on Wednesday.Alipay, owned by Ant Grou… [+1260 chars]
Startups
Reuters Chinese payments group Alipay is likely to have sold at least 29 crore shares in food delivery giant Zomato at Rs 112 per share in a large block deal on the BSE on Wednesday. Alipay, owned by Ant Group, was looking to offload its entire 3.44% stake in the deal, according to reports. A confirmation will come only in the evening when bourses release block and bulk deals data. In the meantime, the stock rallied around 4% to hit the day's high at Rs 118.5 on BSE. Zomato shares have surged more than 96% this year, after falling by more than half in 2022 when tech stocks struggled around the world. In October, Japan's SoftBank sold a 1.1% stake in Zomato, which is India's biggest food delivery service. Demand for online ordering has rapidly grown in recent years, prompting companies like Zomato to aggressively expand. Alipay's exit from Zomato comes as other Chinese investors have been paring their stakes in Indian companies. In August, China's Antfin sold a 10.3% stake in Indian financial giant Paytm . Tech stocks such as Zomato have staged a rebound after a drubbing last year amid a market meltdown when investors also raised questions about sky-high valuations of some Indian startups that had made their stock market debut in recent years. (You can now subscribe to our ETMarkets WhatsApp channel ) (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Connect with Experts - Wealth creation made easy Experience Your Economic Times Newspaper, The Digital Way! Wednesday, 29 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition For More Capital, Byju’s Must Pass a Tough Test Top shareholders at Byju’s have demanded the company meet certain conditions before they consider any future capital infusion into the beleaguered edtech firm that is battling a deepening fund crunch, people in the know of the matter said. Virtual Influencers Now Making Real Money? AI, AI, Sir! As social media influencers, Kyra and Naina have hit the big time. Only thing is, they’re not actually real — not entirely anyway. Titan, Realme, MG Motors and Boat are paying a premium to advertise through 3D-animated humans, or virtual influences, who have become quite the phenomenon on Instagram with views of up to 21 million for their reels. Timing of Burmans’ Open Offer Fishy: Religare Ind Director Ahmed Hamid Ahmed, an independent member on the Religare Enterprises board, has described the timing of the Burman family open offer to buy more shares as ‘fishy’ in the first such media comments by any of the independent directors at the financial services company the founder-promoters of Dabur are seeking to control. Read More News on zomato share price zomato zomato zomato block deal zomato stock price zomato stake sale zomato stock paytm (What's moving Sensex and Nifty Track latest market news , stock tips and expert advice on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Read Economic Times Epaper . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Pick the best stocks for yourself Powered by Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40% 9 mins read 4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years 7 mins read Weekly Top Picks: Seven large & mid caps with consistent score improvement and upside potential of up to 42% 9 mins read What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings 3 mins read Large cap stocks with upside potential of more than 25% 4 mins read 5 stocks for a high dividend yielding portfolio 8 mins read Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35% 7 mins read Six high ROE and low PEG ratio stocks, right combination for wealth creation 8 mins read View More Stories Subscribe to ETPrime
769435
the-times-of-india
The Times of India
Ishaan Gera
We are trying to gradually raise the productivity of Indian cotton farmers: Textile secretary
The ministry also plans to launch India’s premium cotton, “Kasturi cotton”, at the inter-governmental event featuring participants from 28 member countries and seven invitee countries.
https://economictimes.indiatimes.com/news/economy/agriculture/we-are-trying-to-gradually-raise-the-productivity-of-indian-cotton-farmers-textile-secretary/articleshow/105589577.cms
https://img.etimg.com/th…ctimes/photo.jpg
2023-11-29 09:01:57
The textile ministry will soon complete its final evaluation of the pilot study conducted in association with the ministry of agriculture to gradually raise the productivity of Indian cotton farmers … [+2347 chars]
Blockchain
Cotton prices exceeded Rs 12,000 per quintal last year; the MSP on long-staple cotton is Rs 7,020 per quintal. The textile ministry will soon complete its final evaluation of the pilot study conducted in association with the ministry of agriculture to gradually raise the productivity of Indian cotton farmers to the global level, it said on Wednesday. “We are trying to gradually raise the productivity of Indian cotton farmers from the average 450 kg per hectare to global levels of 1,500-2,200 kg per hectare,” said Rachna Shah , textile secretary . The evaluation of the study, which started last year and covers 15,000 farmers across ten major textile-producing states, will be available in January 2024. The ministry noted that it will be featuring more such innovations at the 81st Plenary Meeting of the International Cotton Advisory Committee (ICAC), which will be held in Mumbai from December 2-7. The ministry pointed out that the focus for the conference hosted by India, after nearly eight years, will be on local innovations and cutting-edge technologies which can have global implications for the cotton value chain. The ministry also plans to launch India’s premium cotton, “Kasturi cotton”, at the inter-governmental event featuring participants from 28 member countries and seven invitee countries. “ICAC will be a platform to present Kasturi cotton before the global audience. There are three pillars to the premium product: branding, traceability and certification,” the secretary stated. “We are using blockchain to establish traceability of Kasturi cotton,” she further noted, pointing out that the ministry will also deploy QR codes for consumers to track the entire process from procurement. India is trying to establish a name in premium cotton to compete with Giza cotton from Egypt and Suprima cotton grown in the United States. “The launch of the ‘Kasturi Cotton Bharat’ brand marks the country’s foray in providing complete end-to-end traceability and transparency solutions using Blockchain technology across the cotton textile value chain to deliver softer, stronger and purer cotton,” the ministry said. The ICAC will also be used to promote Bharat Tex 2024, scheduled to take place in February, to showcase India’s handloom and textile products to the world. While the ministry is planning to launch premium cotton, it is also working fast to address issues of subdued prices for Indian cotton. Cotton Corporation of India has been buying cotton at Minimum Support Price at 450 places, said its chairman and MD, Lalit Kumar Gupta. Cotton prices exceeded Rs 12,000 per quintal last year; the MSP on long-staple cotton is Rs 7,020 per quintal. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on cotton farmers textile secretary rachna shah cotton textile industry (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
769446
nan
GlobeNewswire
Mhaya
Mhaya: redefining monopoly game for billions in the Web3.0 Era!
New York, NY, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The early GameFi programs between 2021 and 2022 gradually lost players because they were insufficiently fun, complicated to operate, time-consuming, and irrational in nature. The false carnival in the era of Gam…
https://www.globenewswire.com/news-release/2023/11/29/2787483/0/en/Mhaya-redefining-monopoly-game-for-billions-in-the-Web3-0-Era.html
nan
2023-11-29 07:23:00
New York, NY, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The early GameFi programs between 2021 and 2022 gradually lost players because they were insufficiently fun, complicated to operate, time-consuming, an… [+5573 chars]
Blockchain
New York, NY, Nov. 29, 2023 (GLOBE NEWSWIRE) -- The early GameFi programs between 2021 and 2022 gradually lost players because they were insufficiently fun, complicated to operate, time-consuming, and irrational in nature. The false carnival in the era of GameFi 1.0 is also close to collapsing under the influence of factors such as fading of the heat and the decrease of new users, etc. This is how Mhaya Game answers these market needs, being the first to adopt the free-play-to-earn (FP2E) concept, a city simulation and management blockchain game derived from the classic board game "Monopoly". The game masterfully integrates multi-chain technology and a non-upfront-fee NFT mechanism, planning to develop on multiple public chains, including BNB Chain, Arbitrum, and Polygon, aiming to expand its community reach and optimize distribution efficiency. Mhaya Gameplay Mhaya game consists of 40 tiles with 12 different types, over 40 random events and offers both PVE and PVP game modes. Players can acquire over 13 different NFT characters in the game. As they advance in the game and roll dice, they trigger random events to earn profits. As a result, players can upgrade game characters, construct and upgrade different buildings, participate in lucky events, and earn in-game tokens HAYA and governance tokens MAYA. In a bid to empower a diverse range of participants at various stages, the project is paving the way for increased token earnings. By fostering consensus both within the project and among the community, it's fueling the ascent of governance token value. This, in turn, opens up avenues for all stakeholders to reap significant profits beyond the confines of the game. The overarching goal is to instigate a groundbreaking shift by dismantling monopolies and ushering in the era of GameFi 2.0.Game Features In the context of NFTs, Mhaya's NFTs are not like liquid assets; they are more akin to an entry ticket. The game features a total of 13 different NFTs. These NFTs offer the same yield, but the base increases with the amount staked. Owning NFTs of different levels does not lead to variations in the yield that players receive. It's important to note that NFTs can be obtained completely for free. NFT characters that are eligible for entry into the free prize pool are distributed as rewards through participation in various Mhaya community operational activities. The NFTs in the staking pool are upgradeable, and players can upgrade them using game tokens. The amount of tokens required for each upgrade varies, with higher-level NFTs requiring more tokens for upgrading. With NFT level increase, the reward base also increases. In other words, players aim to upgrade their NFTs to earn higher returns. At the same time, the tokens consumed in upgrading NFTs create a healthy economic cycle of expenditure and acquisition, ensuring a sustainable ecosystem. Mhaya's staking mechanism follows ERC-6551, and players stake tokens in their own wallets rather than through the project itself. This approach enhances user security and transparency within the entire economic system. In terms of fairness, Mhaya places significant emphasis on it. At its most fundamental level, the dual-pool model offers players a completely fair gaming environment, with earnings differentiating between the pools. The two pools do not impact each other's economic conditions. On the other hand, each season, production output is dynamically adjusted based on the previous season's output, destruction, and consumption, ensuring that players receive maximum returns within a reasonable range. This approach aims to maintain fairness and balance in the game ecosystem. Future Outlook As outlined in Mhaya's roadmap, the open beta release is anticipated in the first quarter of 2024 on Android and iOS. To sustain ongoing development post-launch, Mhaya also plans to introduce more social features such as NFT for character portraits, voice cloud chat and private messaging to enrich the gaming experience further and promote interaction and community building among players. This will provide Mhaya players with more opportunities to not only pursue wealth in the game, but also build friendships and social connections, making Mhaya Game a more comprehensive and integrated entertainment platform.Investors & Partners Mhaya has established eco-partnerships with hundreds of headline Web3 infrastructure providers, media outlets, NFT platforms, DeFi organizations, and international social platforms around the globe, and has recently closed a Pre-A round of $5 million in funding. The primary lead investor in the round was Firestone Global. To conclude with a quote from Pedro, CEO of Mhaya, "Mhaya2023 creates an anti-monopoly gaming meta-universe by enabling non-front-loaded, non-early wins in an innovative way that takes the distribution of benefits away from the few, the guilds, and the cheaters. We are committed to reforming the GameFi world and truly transforming it from Web2 to Web3." About Mhaya Game Mhaya Game is the first of its kind to adopt the FP2E concept in the realm of city simulation and management as a blockchain game, integrating multi-chain technology with no upfront NFT fees. Its pioneering experimentation with the antitrust model has captivated countless Web2 and Web3 users, offering all participants an unparalleled gaming experience. For more information, please visit:Android version game test downloadIOS version game test downloadContact@mhaya.comDiscordTelegramTwitterYouTubeMedium Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. Do your own research before making a financial decision related to any crypto company or asset.
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nan
Forbes
Drew McLellan, Forbes Councils Member, Drew McLellan, Forbes Councils Member https://www.forbes.com/sites/forbesagencycouncil/people/drewmclellan/
How To Start Navigating The Legal Minefield Of AI-Generated Content: 7 Tips For Creative Agencies
Empower yourself with knowledge in the evolving arena of AI issues, and your agency can stay ahead of the pack.
https://www.forbes.com/sites/forbesagencycouncil/2023/11/29/how-to-start-navigating-the-legal-minefield-of-ai-generated-content-7-tips-for-creative-agencies/
https://imageio.forbes.c…=1600&fit=bounds
2023-11-29 12:15:00
CEO of Agency Management Institute, serving 250+ marketing agencies to help their owners build profitable agencies that evolve and scale. getty Artificial intelligence is rapidly altering the way w… [+6333 chars]
Artificial Intelligence
CEO of Agency Management Institute, serving 250+ marketing agencies to help their owners build profitable agencies that evolve and scale. Artificial intelligence is rapidly altering the way we work and live, but we have yet to understand the full impact of its use. Unsurprisingly, the Pew Research Center finds that over a third of Americans are mostly apprehensive about AI. A critical question for creative agencies is: Should firms use AI to create work for clients, and to what extent? Furthermore, who owns the intellectual property? The bureaucrats and courts are still sorting things out, so we’ll have to wait for more concrete answers about the legal implications from the experts. In the meantime, I have seven tips that can help you navigate the complexities of using AI. Key Takeaways: 1. Understand The Current Limitations Of Ownership With AI-Generated Content A central concern around AI-generated content is about who owns the work. AI software may claim to produce something original and plagiarism-free; however, it bases its results on existing works that real people created. In the case of Thaler v. Perlmutter, a federal judge concurred with the U.S. Copyright Office that AI-generated works are not open for copyright protection. How much can you alter, edit or improve an output so that it becomes ownable? No one has a definitive answer. Therefore, make clear to clients that any use of AI compromises claims to ownership. Keep this in mind as you write contracts and perform services. 2. Be Aware Of Additional Complications With Visual Media Legal cases are already in the works about whether AI-generated images infringe on copyrights. With text, calculating a percentage of uniqueness can be somewhat straightforward. In contrast, altering and editing an image can be a much more nuanced process that makes determining what part is from humans a sticky wicket. Plus, clients might be casual about the ownership of written works, such as blogs. However, they are more likely to insist on having the rights to visual media for branding. Your policies and practices for written and visual works likely need to be distinct. Various organizations are defaulting to attribution for any use of AI, including reputable institutions like Brown University. You’ll have to discuss with your legal counsel whether such a strategy is worth attempting for your agency. Your best bet is to proceed with caution, if at all. 3. Develop A Point Of View On Your Agency’s Use Of AI You can no longer take a wait-and-see approach to AI adoption. As a professional, your clients expect you to have well-reasoned perspectives and guidelines on how you and your team utilize these tools. (If you don’t, you can be sure that your forward-thinking competitors do.) With a clear viewpoint, you can initiate the conversation around the use of AI with your clients and guide them to a practical agreement. Have related conversations and agreements with your employees and contractors. You need clear guidelines on how workers may or may not use AI. 4. Use Discussions Around Liability As A Negotiation Point Clients want solid answers on who owns what and who is liable when a legal challenge arises. With vulnerability and liability, you should anticipate that your clients will want you to absorb that risk. Prepare to handle these touchy conversations similarly to how you navigate nondisclosure agreements. (Again, this is a good time to get your lawyer’s help!) By now, you know that you have to calculate risk and reward as a regular part of your business model. Establish with your client what the cost of accepting that risk is, and create your agreements accordingly. 5. Learn More About Prompt Engineering We cannot plan on trying to gain ownership of AI-generated outputs. However, legal experts in the field are discussing the potential for retaining rights to generative processes and prompts. Think of it like Coca-Cola’s recipe: It’s an unpatented trade secret. Therefore, professionals are considering the possibility that your specific prompts might be able to become your own “secret recipe” one day. Regardless of whether your AI techniques and strategies could become trade secrets, your effectiveness with prompts can give you a competitive edge with clients who want you to utilize the tools. This step can be your greatest protection against the possibility of AI replacing you. Your worth lies in adding value, and the agencies that thrive as AI ascends will be the ones that get the most out of the tools and provide a higher ROI than clients can get on their own. Refine your team’s skills with AI, and document all of your processes and workflows to develop a unique system. 6. Remember That You Can’t Trust AI On Its Own Yet This point might go without saying, but you need to remind yourself of it when you’re trying to make up for lost time or save a few bucks. The temptation now exists to turn to AI as a shortcut for creative work or drawing up contracts, but the results could cause endless headaches. Once you create your policies and standards, stick to them. We might get AI software that can generate ironclad contracts one day, but don’t trust these tools to provide you with sound legal information or products. That’s what your lawyer is for. 7. Keep Educating Yourself On The Legalities Surrounding AI-Generated Content These tips are only a starting point for navigating the issues surrounding AI-generated content. Your most important step now is to continue educating yourself and your team. Empower yourself with knowledge in the evolving arena of AI issues, and your agency can stay ahead of the pack. The information provided here is not legal advice and does not purport to be a substitute for advice of counsel on any specific matter. For legal advice, you should consult with an attorney concerning your specific situation. Forbes Agency Council is an invitation-only community for executives in successful public relations, media strategy, creative and advertising agencies. Do I qualify?
769546
nan
GlobeNewswire
FACT.MR
Advanced Computed Tomography (CT) Scanner Market to Reach US$ 3.45 Billion by 2034: Fact.MR Study
Integration of Artificial Intelligence in Healthcare Diagnostic Tools Driving Advanced CT Scanner Market Growth Integration of Artificial Intelligence in Healthcare Diagnostic Tools Driving Advanced CT Scanner Market Growth
https://www.globenewswire.com/news-release/2023/11/29/2787493/0/en/Advanced-Computed-Tomography-CT-Scanner-Market-to-Reach-US-3-45-Billion-by-2034-Fact-MR-Study.html
https://ml.globenewswire.com/Resource/Download/f482b854-04d1-4f4e-9237-f7c7c6823e10
2023-11-29 08:00:00
Rockville , Nov. 29, 2023 (GLOBE NEWSWIRE) -- As per a new industry analysis by Fact.MR, a market research and competitive intelligence provider, the global Advanced Computed Tomography (CT) Scanner … [+7551 chars]
Artificial Intelligence
Rockville , Nov. 29, 2023 (GLOBE NEWSWIRE) -- As per a new industry analysis by Fact.MR, a market research and competitive intelligence provider, the globalAdvanced Computed Tomography (CT) Scanner Marketis calculated at US$ 2.36 billion for 2024 and is projected to reach US$ 3.45 billion by 2034-end. Growth of the market is primarily being driven by the increasing demand for precise diagnostic imaging in healthcare. AI algorithms are increasingly integrated into advanced CT scanners, revolutionizing image analysis and interpretation. This trend is enhancing diagnostic accuracy and streamlining workflows, and is contributing to the evolution of precision treatment procedures. For More Insights into the Market, Request a Sample of this Report:https://www.factmr.com/connectus/sample?flag=S&rep_id=9140 Key Segments ofAdvanced Computed Tomography (CT) ScannerIndustry Research Report Dual-energy CT technology is also gaining prominence, enabling improved tissue characterization and diagnostic accuracy. This technology is particularly effective in applications such as oncology and cardiovascular imaging, where enhanced imaging capabilities are paramount. Manufacturers are also incorporating green technology initiatives into advanced CT scanners, addressing concerns about environmental impact. Energy-efficient designs and eco-friendly features align with the broader industry focus on sustainability. Key Takeaways from Market Study “Increasing prevalence of chronic diseases, including cardiovascular disorders and cancer, is a major factor driving the demand for the advanced CT scanners,”says a Fact.MR analyst. Winning Strategy Leading advanced CT scanner manufacturers are Siemens Healthineers, GE Healthcare, Philips Healthcare, Toshiba Medical Systems Corporation, and Hitachi Medical Corporation. Several leading companies are employing strategic collaborations and partnerships to boost technological innovations, increase distribution channels, and expand market reach. Key market players are differentiating themselves through diverse product portfolios, offering a range of advanced CT scanner models. This strategy is catering to various clinical needs and enhancing their market shares. Get Customization on this Report for Specific Research Solutions:https://www.factmr.com/connectus/sample?flag=RC&rep_id=9140 Key Companies Profiled Neusoft Corporation, Medtronic, PLANMED OY, Accuray Incorporated, Carestream Health, Koning Corporation, NeuroLogica Corp., Canon Medical Systems Corporation, FUJIFILM Corporation, General Electric Company, Siemens, Koninklijke Philips N.V., Xoran Technologies, LLC, Mediso Ltd., Toshiba Corporation, Hitachi, Ltd., Samsung Healthcare Sales of advanced CT scanners in the United States, Germany, and Japan are fueled by factors like the rise of chronic diseases, technological advancements, and sophisticated healthcare infrastructure. Each country's distinct healthcare landscape and demographic patterns contribute to the growing adoption of advanced CT scanners. In Germany, renowned for its commitment to healthcare technology excellence, the demand for cutting-edge medical imaging equipment is on the rise, driving the market for advanced computed tomography scanners. The robust healthcare infrastructure further supports the integration of advanced technologies, including CT scanners. The United States is witnessing a surge in chronic diseases, emphasizing the need for early and precise diagnoses, leading to increased demand for advanced CT scanners. The shift toward value-based care models underscores the importance of accurate diagnostics, aligning with the goal of improving patient outcomes and reducing healthcare costs through early detection. More Valuable Insightson Offer Fact.MR, in its new offering, presents an unbiased analysis of the global advanced CT scanner market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034. The study divulges essential insights on the market based on product type (cone beam CT scanners, spectral imaging-based CT scanners, low-dose CT scanners, portable CT scanners, others) and end user (hospitals, ambulatory surgical centers, diagnostics centers), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA). Checkout More Related Studies Published by Fact.MR Research: Fractional Flow Reserve Computed Tomography Market:The global fractional flow reserve computed tomography (FFRCT) market is expected to surge from a valuation of US$ 43.5 million in 2023 to US$ 1.2 billion by 2033, expanding at a CAGR of 35.7% over the decade. Single Photon Emission Computed Tomography (SPECT) Market:Expanding at a CAGR of 6.8%, the global single photon emission computed tomography (SPECT) market is projected to increase from a valuation of US$ 2 billion in 2022 to US$ 2.6 billion by the end of 2026. Intraoral Scanners Market:The global intraoral scanners market size was valued at US$ 505.6 Million in 2022, and is projected to reach US$ 1.04 Billion by 2032, with a projected compound annual growth rate (CAGR) of 7.5%. About Us: Fact.MRis a distinguishedmarket research companyrenowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape. Contact:US Sales Office:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel: +1 (628) 251-1583Sales Team:sales@factmr.comFollow Us:LinkedIn|Twitter|Blog
769570
nan
GlobeNewswire
Straits Research
Global Autonomous Last Mile Delivery Market Size is Estimated to Reach USD 84.90 billion by 2030, Growing at a CAGR of 24.4%: Straits Research
Autonomous last-mile delivery services are considered a cost-effective way to deliver packages in the long term because human intervention will not be needed. Various businesses have made innovations, such as adding artificial intelligence (AI) to ground deli…
https://www.globenewswire.com/news-release/2023/11/29/2787721/0/en/Global-Autonomous-Last-Mile-Delivery-Market-Size-is-Estimated-to-Reach-USD-84-90-billion-by-2030-Growing-at-a-CAGR-of-24-4-Straits-Research.html
https://ml.globenewswire.com/Resource/Download/c25b8e5a-9a9f-499a-8eb6-76ff0d860959
2023-11-29 13:10:00
New York, United States, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Last-mile robots are mobile robots that can deliver small packages, mail, or groceries quickly and autonomously. These devices, also known a… [+7844 chars]
Artificial Intelligence
New York, United States, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Last-mile robots are mobile robots that can deliver small packages, mail, or groceries quickly and autonomously. These devices, also known as Last Mile Delivery (LMD) robots, are available in numerous sizes, shapes, and propulsion systems. Autonomous last-mile delivery utilizes autonomous vehicles to deliver the product or service to the customer's door without human intervention. It ensures that the product is supplied to the consumer within the allotted time limit without endangering the business's good name and status in the industry. Growing internet usage and the development of the e-commerce sector, which calls for a more effective way of getting the goods to the buyer, are driving the adoption of online shopping. In response, businesses have implemented a variety of product delivery methods, including the use of ground delivery trucks and drones. Download Free Sample Report PDF @https://straitsresearch.com/report/autonomous-last-mile-delivery-market/request-sample Increased Demand for Fast Delivery of Packages and Technological to Drive the GlobalAutonomous Last Mile Delivery Market According to Straits Research, “The global autonomous last mile delivery market size was valued at USD 11.90 billion in 2021. It is expected to reach USD 84.90 billion by 2030, growing at a CAGR of 24.4% during the forecast period (2022-2030).” More effective and dependable delivery services are in demand due to the growth of online shopping and consumers' preference for buying goods from online retailers. The pandemic outbreak has increased customer demand for online delivery of daily necessities, contributing to the market growth for autonomous last-mile delivery. In China, for instance, the number of e-grocery orders has increased due to consumers' preference for online retailers such as JD.com, Alibaba Group, and MTDP. This was done to prevent people from interacting face-to-face during the pandemic. In addition, JD.com in China established its autonomous robot delivery technology in Wuhan to handle grocery and medical package deliveries, reducing the need to avoid direct human contact. In addition, the demand for speedy package delivery has increased the use of various delivery methods, such as drones and autonomous vehicles, contributing to the global expansion of the autonomous last-mile delivery market. An Efficient Way to Deliver Packages to Create Global Autonomous Last Mile Delivery Market OpportunitiesAs there will be no need for human intervention at any point, it is believed that autonomous last-mile delivery services will be a cost-effective way to deliver packages in the future. Various businesses have implemented numerous innovations, such as incorporating artificial intelligence (AI) into ground delivery robots, facilitating market expansion. In addition, the market for autonomous last-mile delivery is expanding due to developments in delivery robots in countries such as Germany and Denmark. Using Starship Technologies robots, Daimler AG in Germany delivers packages internally to its Mercedes-Benz facility. The market for autonomous last-mile delivery is growing due to the availability of the necessary infrastructure. Regional InsightsNorth America will likely command the market while expanding at a CAGR of 26.6%. Numerous businesses have been able to innovate due to the region's increased use of automation in last-mile delivery services, which supports the expansion of the autonomous last-mile delivery market there. Customers are increasingly attracted to shop online for everyday necessities like groceries and medicines as a precautionary strategy to avoid human-to-human connection or contact due to the pandemic's adverse effects across North America. Shop owners and other businesses have entered into partnerships and agreements with regional and global drone and ground delivery bot manufacturers to provide their products to fulfill requests. Europe is envisaged to hold USD 27,286 million, growing at a CAGR of 25.1%. To promote the autonomous last-mile delivery industry throughout the region, the major players in theEuropean autonomous last-mile delivery market, including Airbus, Savioke, Starship Technologies, and others, are developing an assortment of autonomous last-mile delivery vehicles, such as drones, ground delivery bots, and self-driving trucks & vans. In response to the pandemic, last-mile delivery companies with operations in Europe, such as Amazon, UPS, DHL, and others, have partnered with various manufacturing companies to implement autonomous last-mile delivery systems to protect customers from human contact. In addition, several European-based companies, including Airbus and Flytrex, have been developing autonomous last-mile delivery services. Consequently, it is anticipated that each of these factors will significantly affect the growth of Europe's autonomous last-mile delivery industry. Key Highlights Competitive Players in the Market Market News Global Autonomous Last Mile Delivery Market: SegmentationBy Application By Solution By Range By Vehicle Type By Region Get Detailed Market Segmentation @https://straitsresearch.com/report/autonomous-last-mile-delivery-market/segmentation About Straits Research Pvt. Ltd.Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches. For more information on your target market, please contact us below:Phone:+1 646 480 7505 (the U.S.)+91 8087085354 (APAC)+44 208 068 9665 (the U.K.)Email:sales@straitsresearch.comFollow Us:LinkedIn|Facebook|Instagram|Twitter
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nan
GlobeNewswire
RetinAI Medical AG
RetinAI Joins Forces with Stephen J. Ryan Initiative for Macular Research (RIMR) AMD Consortium to Forge a Global Retinal Imaging initiative Targeting Research in AMD
BERN, Switzerland and BOSTON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- RetinAI Medical AG (“RetinAI”), a leader in clinical and imaging data management software and advanced analytics using artificial intelligence (AI), announces that they are now joining the Ryan I…
https://www.globenewswire.com/news-release/2023/11/29/2787499/0/en/RetinAI-Joins-Forces-with-Stephen-J-Ryan-Initiative-for-Macular-Research-RIMR-AMD-Consortium-to-Forge-a-Global-Retinal-Imaging-initiative-Targeting-Research-in-AMD.html
https://ml-eu.globenewswire.com/Resource/Download/68a07be8-a6ff-4d34-be4a-9b49f4de4a9f
2023-11-29 08:00:00
BERN, Switzerland and BOSTON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- RetinAI Medical AG (RetinAI), a leader in clinical and imaging data management software and advanced analytics using artificial intelli… [+4869 chars]
Artificial Intelligence
BERN, Switzerland and BOSTON, Nov. 29, 2023 (GLOBE NEWSWIRE) -- RetinAI Medical AG (“RetinAI”), a leader in clinical and imaging data management software and advanced analytics using artificial intelligence (AI), announces that they are now joining the Ryan Initiative for Macular Research (RIMR) Age-related Macular Degeneration (AMD) Imaging Consortium, a non-profit group of physicians, researchers and industry partners working together to define optimal biomarkers and endpoints in AMD. RIMR members from around the world will now be able to connect through RetinAI’s cloud-based platform, RetinAI Discovery®, to facilitate a frictionless collaboration and derive insights on global AMD datasets, helping to advance research in this disease that is a leading cause of blindness in older individuals. AMD is a significant global health concern, affecting about 170 million individuals and ranking as the third leading cause of vision loss worldwide. The United States alone sees a prevalence of AMD similar to that of all invasive cancers combined, contributing to substantial healthcare costs. The disease burden varies by region, as illustrated by studies showing differences in AMD prevalence between Western countries and China, and among ethnic groups globally. As a member of the RIMR consortium, RetinAI will leverage its innovative digital health technologies as a technology backbone to support RIMR’s international network of leading experts in AMD to aggregate and analyze, at-scale, research and real-world clinical and imaging data. The result will be the generation of a highly diverse database and analysis using AI to help address leading research questions of AMD, such as differences among ethnic groups. “By being a member of RIMR, we are setting the foundation to connect leading AMD experts from around the world to help advance their important biomarker-led research,”states Dr. Carlos Ciller, CEO of RetinAI.“We are thrilled to be a part of the consortium and help to facilitate cutting-edge research with a shared goal of improving patient care,” he added. “We’re excited about working with RetinAI as a member of the consortium,”said Dr. SriniVas Sadda, Executive Committee Chair for RIMR, Director of the AI Laboratory at Doheny Eye Institute, and Professor David Geffen, School of Medicine at UCLA.“RetinAI’s focus on digital health technologies and connectivity in Ophthalmology will enable us to build a highly diverse database in AMD, providing the enriched insights to advance our understanding of AMD to drive our goal for finding a cure in AMD.” About RetinAI Medical AG and Ikerian AGwww.retinai.com Established in 2017, Ikerian AG (formerly RetinAI Medical AG) and its subsidiary, RetinAI U.S. Inc., develop software solutions to accelerate clinical, research and pharmaceutical workflows globally using advanced machine learning and computer vision. RetinAI builds tools to collect, organize and analyze health data from the eyes, enabling healthcare professionals to make the right decisions sooner in healthcare. RetinAI's international team leverages its clinical, technical, and scientific expertise to foster the transition from reactive to preventive medicine for severe eye diseases. About RetinAI Discovery® RetinAI Discovery®("Discovery") is a software platform to enable the right decisions sooner based on evidence, AI-derived insights, automation & data. Discovery is a modular and certified (FDA - 510(K) / CE - MDR) medical image & data platform that digests data, works via the web browser in the cloud, enables precision analysis with proprietary AI models and transfer of medical data linked to the patient, connecting devices, data sources & decisions in a seamless and secure manner. Discovery is the workbench for healthcare professionals throughout the entire journey of the disease, facilitating decisions for better patient care. About the AMD Imaging Consortiumhttps://www.linkedin.com/company/rimr-amd-consortium/ Joining forces with academic centers and industry partners, Ryan Initiative for Macular Research (RIMR) AMD Imaging Consortium has been launched. This non-profit consortium will work to define optimal biomarkers and endpoints to facilitate the design of the studies to identify treatments for Age-related Macular Degeneration (AMD) before it causes permanent damage. The RIMR AMD Imaging Consortium is creating a cloud-based, GDPR-compliant, anonymized database that aggregates data on a large scale from various sources, such as clinical trials, epidemiological studies, registries, and institutions worldwide. Advanced AI technology will allow analysis across this highly diverse database. This will help answer complex research questions, such as understanding differences in AMD among various ethnic groups. For further information please contact: At the company RetinAI Medical AG, info@retinai.com Carlos Ciller, PhD, CEO RetinAI Medical AG, carlos@retinai.com Media enquiriesSue Charles, Charles Consultants,sue@charles-consultants.com+44 (0)7968726585
769640
nan
GlobeNewswire
FACT.MR
Smart Shades Market Rising at a CAGR of 23.1% to Hit US$ 2.81 Billion by 2033: Fact.MR Report
Rising adoption of smart home technologies including Bluetooth-enabled smart shades is expected to contribute to the growth of the market Rising adoption of smart home technologies including Bluetooth-enabled smart shades is expected to contribute to the grow…
https://www.globenewswire.com/news-release/2023/11/29/2787633/0/en/Smart-Shades-Market-Rising-at-a-CAGR-of-23-1-to-Hit-US-2-81-Billion-by-2033-Fact-MR-Report.html
https://ml.globenewswire.com/Resource/Download/f482b854-04d1-4f4e-9237-f7c7c6823e10
2023-11-29 12:30:00
Rockville , Nov. 29, 2023 (GLOBE NEWSWIRE) -- As per Fact.MR, a provider of market research and competitive intelligence, the global Smart Shades Market is projected to reach a value of US $2.81 Bn… [+6931 chars]
Artificial Intelligence
Rockville , Nov. 29, 2023 (GLOBE NEWSWIRE) -- As per Fact.MR, a provider of market research and competitive intelligence, the globalSmart Shades Marketis projected to reach a value of US $2.81 Bn by 2033 while growing at a CAGR of 23.1%. Smart shades, or motorized window coverings, are technologically advanced solutions for window management. Unlike traditional manual shades, smart shades provide convenience through remote control via smartphones or voice commands. Their automation capabilities allow for scheduled adjustments based on factors like time, sunlight, and temperature, contributing to improved energy efficiency. For More Insights into the Market, Request a Sample of this Report:https://www.factmr.com/connectus/sample?flag=S&rep_id=471 Key Segments ofSmart ShadesIndustry Research Report Smart shades can seamlessly integrate into smart home systems, offering a holistic control experience alongside other connected devices. Some models even incorporate artificial intelligence for personalized adaptation to user preferences. The growth of the smart shades market is primarily driven by the increasing demand for energy-efficient and sustainable home solutions. Consumers are drawn to the convenience and automation offered by smart shades, enabling remote control and scheduled adjustments for optimized natural light and temperature. The installation and setup complexity of smart shades may pose a challenge for users who aren't tech-savvy. Smart shades, which offer automated features like remote control and integration with smart home systems, require technical know-how during installation. Integration issues with existing smart home ecosystems or devices could hinder seamless operation and user experience. Key Takeaways: The increasing demand for energy-efficient home solutions, the convenience and automation features offered by smart shades, and the integration of advanced technologies such as artificial intelligence are key factors driving the market growth-Says FACTMR Expert Market Competition In this highly competitive market, dominant players are focusing on nurturing a robust digital ecosystem. Key players in the industry include Hunter Douglas NV, Lutron Electronics Co., Inc., Somfy Systems Inc., Graber Blinds, Legrand Group, and Vertilux Ltd., who are spearheading these efforts. To establish a strong foothold in the market, players in the market are incorporating high-end technology into their solutions. Winning strategies Get Customization on this Report for Specific Research Solutions:https://www.factmr.com/connectus/sample?flag=RC&rep_id=471 Checkout More Related Studies Published by Fact.MR Research: Smart Grid Sensor Market:The global smart grid sensor market size is valued at US$ 587.3 million in 2023 and is projected to expand at a noteworthy CAGR of 15.1% to reach US$ 2.39 billion by the end of 2033. Smart Lock Market:The global smart lock market size is forecasted to expand at a high-value CAGR of 16% from 2023 to 2033. In light of this trend, worldwide sales of smart locks are set to increase from US$ 5 billion in 2023 to US$ 22.06 billion by the end of 2033. Smart Meter Data Management Market:The global smart meter data management market is valued at US$ 1 billion in 2023 and is estimated to surge to US$ 5 billion by the end of 2033, expanding at a noteworthy CAGR of 17.4% from 2023 to 2033 (forecast period). About Us: Fact.MRis a distinguishedmarket research companyrenowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape. Contact:US Sales Office:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel: +1 (628) 251-1583Sales Team:sales@factmr.comFollow Us:LinkedIn|Twitter|Blog
769650
the-times-of-india
The Times of India
ET Online
Elon Musk shares a poem written by AI chatbot Grok; netizens have mixed reactions
Since being shared, the post has received mixed reactions from users across the world. Some users were highly impressed by the outcome; others asserted that AI can never understand literature. Elon Musk is one of the most hugely popular figures not only in t…
https://economictimes.indiatimes.com/news/new-updates/elon-musk-shares-a-poem-written-by-ai-chatbot-grok-netizens-have-mixed-reactions/articleshow/105596548.cms
https://img.etimg.com/th…ctimes/photo.jpg
2023-11-29 12:07:32
The world's richest person and hugely popular tech entrepreneur, Elon Musk, recently shared a poem that was composed by an artificial intelligence (AI) tool called Grok. The poem, which talks about l… [+1792 chars]
Artificial Intelligence
Agencies Elon Musk (File Pic) The world's richest person and hugely popular tech entrepreneur, Elon Musk, recently shared a poem that was composed by an artificial intelligence (AI) tool called Grok. The poem, which talks about love, starts with the lines, "In love, we find a universe aglow, a cosmic dance of hearts that ebb and flow." It was shared through a post by Musk on X , earlier called Twitter. It should be noted that AI tool Grok , has been developed by the company xAI, which is owned by Elon Musk himself. Hence, it could be another way to promote the tool. Since being shared, the post has received mixed reactions from users across the world. Some users were highly impressed by the outcome; others asserted that AI can never understand literature. Musk is one of the most hugely popular figures not only in the business world but also among the young generation, and many consider him their role model. “I asked Grok to write a poem about love,” Elon Musk wrote. He also shared a screenshot of the poem written by Grok. The first few lines of the poem read, “In love, we find a universe aglow, A cosmic dance of hearts that ebb and flow. It lifts us up, like stars that gently rise, A symphony of souls that gently harmonize.” — elonmusk (@elonmusk) The post has already got more than 20.1 million views and interesting reactions. Here's what users have to say about the poem: “Grok understands love. Grok will care for humanity. Mark my words,” wrote a user. "Are you going to make a song out of it?, argued another. “Shows that artificial intelligence has a long, long way to go. That’s doggerel, and how come every single AI language model falsely thinks that most poetry rhymes? It doesn’t. AI can’t do literature. Or history. Neither one,” expressed a third. According to tech experts, Elon Musk has launched the AI chatbot Grok to counter the growing influence of ChatGPT . Though Grok is currently limited to a group of US users as it is in the testing phase, others will be able to use it after the completion of the requisite testing. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on Elon Musk AI chatbot Grok Grok AI tool Grok X Poem on love universe ChatGPT (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .) Download The Economic Times News App to get Daily Market Updates & Live Business News. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories
769653
nan
ETF Daily News
MarketBeat News
Fluence Energy (NASDAQ:FLNC) Stock Price Up 3.4%
Fluence Energy, Inc. (NASDAQ:FLNC – Get Free Report) shares rose 3.4% during mid-day trading on Monday . The stock traded as high as $19.56 and last traded at $19.51. Approximately 234,879 shares changed hands during mid-day trading, a decline of 81% from the…
https://www.etfdailynews.com/2023/11/29/fluence-energy-nasdaqflnc-stock-price-up-3-4-2/
https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/fluence-energy-inc-logo.png?v=20211122082536&w=240&h=240&zc=2
2023-11-29 13:04:44
Fluence Energy, Inc. (NASDAQ:FLNC – Get Free Report) shares rose 3.4% during mid-day trading on Monday . The stock traded as high as $19.56 and last traded at $19.51. Approximately 234,879 shares cha… [+3864 chars]
Artificial Intelligence
Fluence Energy, Inc. (NASDAQ:FLNC–Get Free Report) shares rose 3.4% during mid-day trading on Monday . The stock traded as high as $19.56 and last traded at $19.51. Approximately 234,879 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 1,241,234 shares. The stock had previously closed at $18.86. FLNC has been the subject of several research analyst reports. Roth Mkm decreased their price objective on Fluence Energy from $31.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, August 11th. Guggenheim boosted their price objective on Fluence Energy from $40.00 to $44.00 in a research report on Friday, August 11th. HSBC boosted their price objective on Fluence Energy from $31.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, September 27th. Barclays decreased their price objective on Fluence Energy from $31.00 to $26.00 and set an “overweight” rating for the company in a research report on Tuesday, October 24th. Finally, Bank of America upgraded Fluence Energy from a “neutral” rating to a “buy” rating and boosted their target price for the company from $24.00 to $26.00 in a research note on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.67. View Our Latest Report on FLNC Want More Great Investing Ideas?10 Stocks to Sell NOW!3 Stocks to DOUBLE This YearThe 10 Best Stocks to Own in 20237 Stocks to Buy and Hold ForeverThe company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 1.46. The business has a 50 day moving average price of $19.78 and a 200-day moving average price of $23.63. A number of institutional investors and hedge funds have recently made changes to their positions in FLNC. Advisor Group Holdings Inc. raised its stake in shares of Fluence Energy by 47.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 14,566 shares of the company’s stock worth $191,000 after purchasing an additional 4,678 shares in the last quarter. Bank of New York Mellon Corp increased its position in Fluence Energy by 20.2% during the 1st quarter. Bank of New York Mellon Corp now owns 71,351 shares of the company’s stock worth $935,000 after buying an additional 12,007 shares during the period. Citigroup Inc. increased its position in Fluence Energy by 12,279.5% during the 1st quarter. Citigroup Inc. now owns 263,064 shares of the company’s stock worth $3,449,000 after buying an additional 260,939 shares during the period. Bank of Montreal Can lifted its holdings in shares of Fluence Energy by 54.0% during the first quarter. Bank of Montreal Can now owns 12,834 shares of the company’s stock worth $171,000 after buying an additional 4,501 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Fluence Energy by 802.3% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 96,747 shares of the company’s stock valued at $1,268,000 after acquiring an additional 86,025 shares during the period. Institutional investors own 53.16% of the company’s stock. (Get Free Report) Fluence Energy, Inc, through its subsidiaries, offers energy storage products and services, and artificial intelligence enabled digital applications for renewables and storage applications in the Americas, Asia Pacific, Europe, Middle-East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence.
769663
the-times-of-india
The Times of India
ETtech
IT industry expected to grow to $350 billion by 2030: Infosys cofounder Kris Gopalakrishnan
Gopalakrishnan, who is also the chairman of the vision group for IT in Karnataka, was speaking at the inauguration of the three-day Bengaluru Tech Summit 2023.
https://economictimes.indiatimes.com/tech/information-tech/it-industry-expected-to-grow-to-350-billion-by-2030-infosys-cofounder-kris-gopalakrishnan/articleshow/105588051.cms
https://img.etimg.com/th…ettech/photo.jpg
2023-11-29 08:33:15
The information technology industry is expected to grow to $350 billion by 2030, from $200 billion at present, Infosys cofounder Kris Gopalakrishnan said on Wednesday.Gopalakrishnan, who is also the … [+2000 chars]
Artificial Intelligence
AFP Infosys cofounder Kris Gopalakrishnan The information technology industry is expected to grow to $350 billion by 2030, from $200 billion at present, Infosys cofounder Kris Gopalakrishnan said on Wednesday. Gopalakrishnan, who is also the chairman of the vision group for IT in Karnataka, was speaking at the inauguration of the three-day Bengaluru Tech Summit 2023 . Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website IIM Kozhikode IIMK Advanced Data Science For Managers Visit Indian School of Business ISB Product Management Visit Indian School of Business ISB Professional Certificate in Product Management Visit “Technology plays a horizontal role in increasing productivity, customer benefits and the user interface. Information technology cuts across everything. Last year, the IT industry grew by 9%. It is now a $200 billion industry, which is expected to grow to $350 billion by 2030,” he said, adding that it is a high growth industry and has continuously grown every year over the past several years. Technology changes continuously and it was only in November last year that ChatGPT , GPT4 and Generative AI were introduced and became the fastest growing application technologies in the world, he said. “There are multiple interventions required when something like this happens and new technologies that have widespread applicability are introduced,” said Gopalakrishnan. “Every sector, industry and application changes. Even how we interact with technology, information and intelligent systems changes. What is unique about this round is the ability to interact with AI (artificial intelligence) systems using a chat interface. So it democratises artificial intelligence.” He said he is very confident about the industry despite the global economy experiencing a slowdown. These are cycles, he said, and in the medium to long term he is confident of the industry reaching the $350 billion mark. 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 Karnataka accounts for 40% of the country’s IT services industry and if the state wants to continue this leadership, it needs to discuss, debate and strategise, said Gopalakrishnan. Experience Your Economic Times Newspaper, The Digital Way! Thursday, 30 Nov, 2023 Read Complete ePaper  » Digital View Print View Wealth Edition Nifty Reclaims Mt 20k India’s stock benchmarks rose more than 1% on Wednesday with the Nifty closing above 20,000 for the first time since September 13 as receding concerns over further rate hikes in the US revived risk-on sentiment. ED Flags Failure to Submit Papers, Delays by Byju’s The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byju’s parent Think & Learn, apart from holding founder Byju Raveendran responsible. HCL Inching Close to Chip Unit in K’taka The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET. Read More News on it industry kris gopalakrishnan kris gopalakrishnan bengaluru tech summit 2023 IT industry growth IT industry Generative AI ChatGPT IT services industry infosys Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Four signals from the OpenAI mess that the government, big tech, and you cannot ignore. Light at the end of the tunnel: Higher plant utilisation sending a current through power stocks How COP28 is set to facilitate syncing of corporate India’s green journey and business trajectory. Wings or Sting? Energy drinks market heats up as Red Bull, PepsiCo jostle to grab a cool share. 3 insights to kick-start your day, featuring Amazon’s India journey Stock Radar: IEX has given breakout from a descending triangle pattern; where is the stock headed? 1 2 3 View all Stories