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2025-01-10
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Yemen on fire after massive Israeli air raid on capital and ports sparks raging infernosThe NBA got viewers for Christmas, even while going up against NFL games. The NBA's five-game Christmas lineup was the league's most-watched in five years, with the games averaging about 5.25 million viewers per game across ABC, ESPN and its platforms, the league said Thursday based on Nielsen's preliminary numbers. It's an 84% rise over the NBA's Christmas numbers from 2023. The Los Angeles Lakers’ 115-113 victory over the Golden State Warriors — a game pitting Olympic teammates LeBron James and Stephen Curry — averaged 7.76 million viewers and peaked with about 8.32 million viewers toward the end of the contest, the league said. Those numbers represent the most-watched NBA regular season game in five years. “I love the NFL,” James said in his televised postgame interview Wednesday night. “But Christmas is our day.” The NBA said all five Christmas games on its schedule — San Antonio at New York in Victor Wembanyama's holiday debut, Minnesota at Dallas, Philadelphia at Boston, Denver at Phoenix and Lakers-Warriors — saw year-over-year viewership increases. Wednesday's numbers pushed NBA viewership for the season across ESPN platforms to up 4% over last season. The league also saw more than 500 million video views on its social media platforms Wednesday, a new record. For the NBA, those are all good signs amid cries that NBA viewership is hurting. “Ratings are down a bit at beginning of the season. But cable television viewership is down double digits so far this year versus last year," NBA Commissioner Adam Silver said earlier this month. “You know, we’re almost at the inflection point where people are watching more programing on streaming than they are on traditional television. And it’s a reason why for our new television deals, which we enter into next year, every game is going to be available on a streaming service.” Part of that new package of television deals that the NBA is entering into next season also increases the number of regular season games broadcast on television from 15 to 75. AP NBA: https://www.apnews.com/hub/NBA
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Dock Street Asset Management Inc. decreased its stake in Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ) by 1.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 369,346 shares of the e-commerce giant’s stock after selling 5,847 shares during the quarter. Amazon.com makes up 9.3% of Dock Street Asset Management Inc.’s holdings, making the stock its 2nd largest position. Dock Street Asset Management Inc.’s holdings in Amazon.com were worth $68,820,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Amazon.com by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 785,811,114 shares of the e-commerce giant’s stock worth $141,744,609,000 after purchasing an additional 14,724,687 shares in the last quarter. Swedbank AB purchased a new stake in Amazon.com during the first quarter worth $2,239,757,000. Capital World Investors boosted its holdings in Amazon.com by 64.6% during the first quarter. Capital World Investors now owns 29,359,677 shares of the e-commerce giant’s stock worth $5,295,899,000 after buying an additional 11,524,463 shares in the last quarter. Capital Research Global Investors increased its holdings in Amazon.com by 8.5% in the first quarter. Capital Research Global Investors now owns 86,982,857 shares of the e-commerce giant’s stock valued at $15,689,968,000 after buying an additional 6,810,145 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its position in shares of Amazon.com by 13,606.7% in the second quarter. Strategic Financial Concepts LLC now owns 3,932,580 shares of the e-commerce giant’s stock worth $759,971,000 after acquiring an additional 3,903,889 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds. Insider Buying and Selling at Amazon.com In other news, CEO Douglas J. Herrington sold 5,502 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $205.81, for a total transaction of $1,132,366.62. Following the completion of the transaction, the chief executive officer now directly owns 518,911 shares of the company’s stock, valued at approximately $106,797,072.91. The trade was a 1.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, Director Jonathan Rubinstein sold 4,766 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $209.85, for a total transaction of $1,000,145.10. Following the completion of the sale, the director now directly owns 94,630 shares in the company, valued at approximately $19,858,105.50. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 6,011,423 shares of company stock valued at $1,249,093,896 in the last three months. 10.80% of the stock is owned by corporate insiders. Amazon.com Trading Down 0.6 % Amazon.com ( NASDAQ:AMZN – Get Free Report ) last released its quarterly earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 EPS for the quarter, topping the consensus estimate of $1.14 by $0.29. Amazon.com had a return on equity of 22.41% and a net margin of 8.04%. The business had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period last year, the business posted $0.85 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. On average, analysts predict that Amazon.com, Inc. will post 5.27 EPS for the current year. Wall Street Analysts Forecast Growth A number of research firms have recently commented on AMZN. Robert W. Baird raised their target price on Amazon.com from $213.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Truist Financial raised their price objective on Amazon.com from $265.00 to $270.00 and gave the company a “buy” rating in a report on Friday, November 1st. Jefferies Financial Group increased their target price on Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Oppenheimer boosted their price target on shares of Amazon.com from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Wedbush increased their price objective on shares of Amazon.com from $225.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Two analysts have rated the stock with a hold rating, forty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $235.77. Get Our Latest Stock Analysis on Amazon.com Amazon.com Profile ( Free Report ) Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. Featured Stories Five stocks we like better than Amazon.com Election Stocks: How Elections Affect the Stock Market Vertiv’s Cool Tech Makes Its Stock Red-Hot Business Services Stocks Investing MarketBeat Week in Review – 11/18 – 11/22 Top Biotech Stocks: Exploring Innovation Opportunities 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .[Source: Supplied] A border management information system launched at the Nausori International Airport recently will play a key role in boosting Fiji’s border screening processes. The Migration Information and Data Analysis System (MIDAS) pilot project was launched by the Fiji Immigration Department, in collaboration with the International Organization for Migration (IOM). Speaking at the launch event, Ambassador of Japan to Fiji Rokuichiro Michii , reflected on Japan’s commitment to supporting regional development initiatives through technical assistance and capacity-building efforts. “The soft-launch of MIDAS enhances Fiji’s border security and immigration systems. This initiative not only helps protect Fiji’s population from transnational crime and diseases but also elevates Fiji’s position as a sovereign nation, better protecting its borders while advancing cross-border trade and travel. Japan is proud to have contributed to this project, which strengthens the friendship between our two nations.” IOM Fiji Officer in Charge Matthew Bidder said the launch of MIDAS in Fiji marked a critical advancement in modernizing border management systems to meet evolving global and regional challenges. “This system will not only enhance security but also improve service delivery and contribute to the country’s broader digital transformation goals. We are proud to support the Fiji Immigration Department in this pioneering initiative.” The pilot launch at Nausori International Airport marked the first step toward a full-scale implementation of MIDAS across Fiji’s key international gateways, including Nadi International Airport and major seaports. This initiative follows IOM’s 2021 gender-sensitive rapid assessment of Fiji’s border management during the COVID-19 pandemic, which identified critical areas for improvement in policy, governance, and technology. The MIDAS pilot addresses these recommendations, enabling Fiji to lead by example in adopting cutting-edge border management solutions in the Pacific region.We now know who the deceased is in the officer-involved shooting in Union Square last week, and a few details about the bizarre and angry-sounding hit-and-run the precipitated the shooting. On Friday morning, San Francisco police had a confrontation with a suspect outside the Dior store in Union Square, the details of which have still not been shared with the public, and it ended with police firing on and killing the suspect . The suspect allegedly had run down two pedestrians with his SUV earlier in the day on a nearby block, and allegedly hit a cyclist, and then simply went to work at his night gig guarding the store. That suspect, who police initially identified as a security guard working for Dior, has now been identified by multiple sources as Pete Hodge of Lodi. As Mission Local reports , and after looking at Hodge's Facebook presence, he was the owner of his own private security firm Covert Guardian Solutions — apparently employed by Dior and the nearby Louis Vuitton store — and was likely hired in the wake of the recent smash-and-grab robberies at Dior. Hodge, whose identity, we should say, has not been confirmed by the SF Medical Examiner or police, left behind a number of images on his social media that give us a pretty clear idea of his political leanings. He was a big Second Amendment supporter, not a fan of Gavin Newsom, and not a fan of liberal California or San Francisco — he posted the image below, for instance. And we now have a few clues, unconfirmed by police, about what preceded the shooting. A witness spoke out on Reddit saying they witnessed an SUV, likely Hodge's, getting into a road-rage incident with a delivery cyclist on an e-bike. The cyclist was allegedly weaving between cars, and the SUV driver subsequently clipped the cyclist and then got out of his car and was "super aggressive" in questioning the cyclist and demanding the cyclist's "license and registration," which...? Another witness, Cynthia Gaffney, spoke to Mission Local and said she was crossing Sutter Street Friday afternoon when she saw an SUV come careening around a corner at high speed, and then ride up on the sidewalk — where Hodge allegedly hit and minorly injured two teenagers. "When he careened around the corner, he was totally out of control," Gaffney told Mission Local. "It was like he suddenly hit the gas at full speed ... [he] might’ve rolled over with just a tiny bit more momentum." After having a confrontation with the cyclist, who rode off and dumped his bike in a nearby parking garage, Gaffney says the man identified as Hodge just "very calmly, opens the back of the trunk of the SUV," to gather some of the delivery guy's belongings, and he was open-carrying a weapon at the time. "There was just a weird calmness about it," Gaffney tells Mission Local. Police said Friday they were seeking the cyclist, who fled the scene and never contact police, and it's unclear if he has been located. It seems that Hodge just went to work his security job outside the Dior store after all this went down. The collision with the cyclist and the pedestrians happened at Kearny and Post streets around 6:30 pm Thursday, and his vehicle wasn't spotted at the store on Post Street near Grant until 1:30 am Friday. The SFPD will give a public town hall meeting on the shooting, per protocol, within the next week. Previously: SF Police Shoot and Kill Man Identified as Union Square Security Guard
The NBA got viewers for Christmas, even while going up against NFL games. The NBA's five-game Christmas lineup was the league's most-watched in five years, with the games averaging about 5.25 million viewers per game across ABC, ESPN and its platforms, the league said Thursday based on Nielsen's preliminary numbers. It's an 84% rise over the NBA's Christmas numbers from 2023. The Los Angeles Lakers’ 115-113 victory over the Golden State Warriors — a game pitting Olympic teammates LeBron James and Stephen Curry — averaged 7.76 million viewers and peaked with about 8.32 million viewers toward the end of the contest, the league said. Those numbers represent the most-watched NBA regular season game in five years. “I love the NFL,” James said in his televised postgame interview Wednesday night. “But Christmas is our day.” The NBA said all five Christmas games on its schedule — San Antonio at New York in Victor Wembanyama's holiday debut, Minnesota at Dallas, Philadelphia at Boston, Denver at Phoenix and Lakers-Warriors — saw year-over-year viewership increases. Wednesday's numbers pushed NBA viewership for the season across ESPN platforms to up 4% over last season. The league also saw more than 500 million video views on its social media platforms Wednesday, a new record. For the NBA, those are all good signs amid cries that NBA viewership is hurting. “Ratings are down a bit at beginning of the season. But cable television viewership is down double digits so far this year versus last year," NBA Commissioner Adam Silver said earlier this month. “You know, we’re almost at the inflection point where people are watching more programing on streaming than they are on traditional television. And it’s a reason why for our new television deals, which we enter into next year, every game is going to be available on a streaming service.” Part of that new package of television deals that the NBA is entering into next season also increases the number of regular season games broadcast on television from 15 to 75. AP NBA: https://www.apnews.com/hub/NBAWith Rafael Nadal retiring, what's the future of men's professional tennis?
ACF urges Christians to pray against nepotism, insecurity, corruptionNPP Birmingham Chairman Commends NHIA for Free Dialysis Initiative in Bono Region
From PSX highs to debt traps: Pakistan’s economic reality in 2024 A foreign currency counts Pakistani rupee notes at a shop in Karachi, on March 2, 2023. — Online The year 2024 marked a transformative yet tumultuous chapter for Pakistan’s economy, blending breakthroughs with setbacks. From record-breaking stock market performance to persistent inflation and systemic issues, the economic narrative reflected both resilience and fragility. Shaped by crucial policy decisions, global trends and structural challenges, the year encapsulated a complex journey of growth amid volatility. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); One bright spot was the Pakistan Stock Exchange (PSX) hitting record highs. Improved investor sentiment and foreign inflows buoyed the benchmark KSE-100 index, reflecting optimism over macroeconomic stabilisation. Progress on the International Monetary Fund (IMF) front played a significant role, with stringent reforms beginning to yield results, narrowing the fiscal deficit and stabilising foreign exchange reserves. Despite these gains, structural challenges persisted. The tax-to-GDP ratio remained low, corruption and inefficiencies plagued public institutions and political instability hampered economic decision-making. Frequent turnover of key policymakers further complicated long-term planning. Former finance minister Miftah Ismail offered a grim assessment, accusing the government of failing to meet IMF commitments and implement necessary reforms. “This government has done nothing to rise up to the challenges facing our economy,” he said, listing unfulfilled promises such as pension reforms, taxation of shopkeepers and reducing government ministries. He criticised the administration for prioritising political survival over economic measures. Debt remained a pressing concern. External debt exceeded $130 billion, creating immense repayment pressures. Domestic debt also burgeoned due to fiscal shortfalls and borrowing. “We are in a debt trap where net governmental revenues after taxes are less than the interest on the debt,” Ismail noted, urging measures to widen the tax base and rationalise fiscal policies. Agriculture emerged as a rare success, growing by 6.3 per cent in FY24. Wheat production surged 11.6 per cent, cotton rebounded 108.2 per cent, and rice grew 34.8 per cent, driven by favourable weather and policy interventions. This performance contributed to a modest GDP growth of 2.5 per cent, though systemic issues like low productivity and inadequate investment persist. Rupee stability and monetary policy The rupee displayed intermittent stability, closing the year at around Rs280 to the dollar, aided by tighter monetary policies and reduced speculation. Measures like anti-smuggling initiatives narrowed the gap between interbank and open-market rates. Sana Tawfiq of Arif Habib Limited credited these efforts with maintaining manageable deficits and stabilising the currency. The State Bank of Pakistan (SBP) played a crucial role, keeping interest rates high to curb inflation, which eased from alarming peaks. In June, the Monetary Policy Committee (MPC) reduced the policy rate by 150 basis points (bps) to 20.5 per cent, reflecting easing inflationary pressures. Economist Ammar Habib Khan commended the SBP’s efforts but noted high rates earlier in the year dampened industrial activity. IMF engagement: a necessary lifeline The country’s engagement with the IMF defined 2024. Fulfilment of IMF conditions facilitated financial inflows, stabilising foreign exchange reserves from a precarious $4 billion. However, reliance on IMF programmes underscored the country’s inability to generate sustainable growth independently. Experts stressed the importance of structural reforms to reduce this dependency. Experts agree that sustainable recovery hinges on overdue reforms. Dr Khaqan Hassan Najeeb outlined a roadmap focusing on fiscal consolidation, energy sector reforms, and privatisation of state-owned enterprises (SOEs). He criticised the government’s inaction, particularly regarding entities like Pakistan International Airlines (PIA). “The government’s reluctance to act has thwarted privatisation,” he said, lamenting the absence of advertisements for utility company sales. The energy sector’s inefficiency remains a significant drag, contributing to high circular debt and unaffordable tariffs. Reducing technical and non-technical losses and rationalising government expenditures are essential. While macroeconomic indicators improved, ordinary Pakistanis faced harsher realities. Poverty rates rose from 40.2 per cent in FY23 to 40.5 per cent in FY24. Inflation, though lower than its peak, continued to erode purchasing power, and high tax rates stifled growth. Dr Najeeb highlighted the need for inclusive policies to address challenges like inadequate education and high stunting rates. A glimpse into 2025 Looking ahead, experts predict GDP growth of 2-3 per cent in 2025, with inflation falling to single digits. Achieving these targets will require disciplined fiscal management and meaningful reforms. Khan emphasised reducing subsidies and investing in productive sectors. Ismail advocated for privatisation, empowered local governance, and rationalised expenses to drive sustainable growth. The lessons of 2024 are clear: Pakistan must use the breathing room provided by the IMF to address structural deficiencies. “Authorities need to focus on deregulation, private sector participation, and finding new growth engines,” said Dr Najeeb. Without significant changes, Pakistan risks remaining trapped in a recurring pattern of crises and external dependence. The writer is a Geo.tv staffer.Canada may have to spend millions more before new payment system can be usedEASTENDERS fans are convinced Nigel Bates’ return means one huge soap legend will make a shock comeback after years of rumours. Paul Bradley , 69, has left BBC viewers stunned as he reprises his legendary character for Christmas , leading many to believe that another show legend could be heading back to Albert Square. For years, there's been speculation surrounding the return of Grant Mitchell, one of EastEnders' most memorable and explosive characters. The rumours gained further momentum last month when actor Ross Kemp , 60, was spotted leaving the Walford set in a car with dark-tinted windows. Grant’s exit from the soap back in 2006 left a significant void, with his turbulent relationship with brother Phil and his fiery temper making him a household name. However, despite numerous rumors over the years, Grant has not yet made his comeback. Now, with Nigel’s sudden reappearance, fans are convinced the stage is being set. The two characters share a history , as Nigel's role in the show has always been tied to the Mitchell family, and his return has sparked wild theories about the possibility of Grant's re-emergence. Social media has been buzzing with excitement since the news broke, with fans eager to see what the future holds for the Mitchell family. Taking to X, formerly Twitter, one wrote: "Actually this makes sense, cause grant and Nigel were best friends back in the day, so if phil needs saving who bettervtgen to bring back grant #eastenders." Another added: "There's a mention of " Ghosts returning from the past" during tomorrow's 2nd episode of #EastEnders. "If Grant returns during the 2nd episode for Phil's storyline I think I'll lose my mind." Someone else gushed: "This was such a lovely surprise! I didn’t recognise him at first though! But surely this means a Grant return must also be on the cards at some point." One more concluded: "IM CRYING WE JUST NEED GRANT." Ross became a fan favourite while playing tough guy Grant from 1990 to 1999. Although he left the show to pursue other ventures, he has made a number of memorable comebacks over the years. His latest appearance was in 2016 for the emotional funeral of his on-screen mother, Peggy Mitchell, played by the late Barbara Windsor . This September, The Sun reported that Ross would be participating in the anniversary festivities by hosting a one-off documentary about the soap. A source revealed: "He will interview stars past and present about why it is so good and how important it is. "EastEnders will always have a special place in his heart and he's really excited." While Ross has been tight-lipped about any potential on-screen return, his recent sighting near the EastEnders production set has left fans abuzz. During a recent This Morning interview, Alison Hammond pressed the actor about the rumors, asking: "What is going on, are you going back for the 40th anniversary? Tell us what’s going on." Ross responded cryptically, saying: "I can tell you nothing. "I am very proud of the show celebrating 40 years and I wouldn’t have had a career, good or bad, without it. I absolutely love it and I still support it." The BBC has been keeping details of the anniversary week under wraps but has teased that it will feature an unprecedented live episode with an interactive element. Fans will be given the chance to vote on the outcome of a pivotal love story, with the cast and crew adapting live to the audience's choice. The live broadcast is set for February 2025 and promises to be a historic moment for the show. Executive Producer Chris Clenshaw said: "The 40th anniversary is a milestone event for EastEnders, and we have been planning this week for a long time to ensure that it’s a week full of drama and surprises." Monday December 23 - 6am iPlayer & 7:30pm BBC One Tuesday December 24 - 6am iPlayer & 7:45pm BBC One Christmas Day - 7:30pm & 10:35pm BBC One & iPlayer Boxing Day - 8:30pm BBC One & iPlayer Monday December 30 - 6am iPlayer & 7:30pm BBC One Tuesday December 31 - 6am iPlayer & 7:30pm BBC One New Year's Day - 10pm BBC One & iPlayer Thursday January 2 - 6am iPlayer & 7:30pm BBC One This week, Paul revealed exactly why he agreed to return to his old job. Nigel could be seen back in Walford having fallen on hard times during EastEnders' Christmas Eve episode. However, it appears from today’s episode his life has changed significantly. Nigel was last seen in 1998 when he left Walford for a new life in Scotland with wife Julie, daughter Clare and stepson Josh. But, now back in Walford, Nigel was seen looking homeless as he came into contact with Yolande Trueman at the community centre’s soup kitchen. Paul said he is still recognised on the street by soap fans and said the cast have been friendly and welcoming. He said: “I’m thrilled and honoured to be back as Nigel. Despite it being such a long time ago, I still get recognised as Nigel in the street. "Returning has been great as I’m so familiar with many of the faces at EastEnders, and they are a very friendly bunch. "It’s fantastic to work with Steve McFadden again - I’m a huge admirer of his work, and he sets the bar really high. I’m having a really good time.” Despite his new life in Scotland, Nigel has mysteriously returned to Walford alone as Phil will get a visit from the ghost of Christmas past. The Sun on Sunday exclusively revealed how Paul was making a shock comeback in time for the 40th anniversary. However, his return for Christmas was totally unexpected.
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