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Cowboys G Zack Martin, CB Trevon Diggs out vs. CommandersLudhiana: Apprehending resentment in the ranks, the Congress did not even release the complete list of the candidates. On Thursday, the last day of filing nominations, the party only publicised a list of 88 candidates. The remaining seven candidates were individually approached and asked to file nominations. Candidates for wards 1, 22 70, 77, 78, 80 and 81 were not announced publicly. Despite such precautions, several congress workers have decided to contest elections independently. From ward number 51, Congress worker Harpreet Singh alias Preet Rajdhani announced that he would contest as an independent as he was denied a ticket. However, by Friday, he lent support to another independent candidate, Avneet Kaur Lapran, wife of former Congress leader Parvinder Singh Lapran. Lapran joined BJP but did not get a ticket, after which he decided to make his wife, Avneet, contest as an independent candidate. Lapran also shared a post on social media, thanking Preet Rajdhani for lending his support. Another Congress worker, Jaswinder Singh Thukral, had sought two tickets, one for himself and one for his nephew, Manraj Thukral. Since the party gave them only one ticket, Thukral made his wife, Jaspreet Kaur Thukral contest from ward number 46, though Manraj Thukral is contesting from ward number 44. Another Congress worker from ward number 40, Hardeep Singh Sokhi, on Thursday uploaded a post on his Facebook page saying that he had quit the Congress. A Congress leader admitted, “The reason for not releasing names of the last few candidates was the fear that the upset workers may file nominations from other parties or independently. Therefore, candidates were directly approached and were asked to file nominations.” He added that they would talk to the upset candidates and pacify them. We also published the following articles recently Congress may release first list of candidates this week The Delhi Congress is poised to release its initial list of assembly election candidates this week, marking a significant shift in strategy. The Congress Working Committee (CWC) is expected to convene and finalize the candidacies, potentially including former ministers and MLAs. This proactive approach contrasts with the party's past practice of delaying announcements. Independent candidate wins council bypoll Dismissed teachers' union leader Banshi Dhar Brijwasi secured a surprising victory in Bihar's Tirhut Graduates constituency election. Brijwasi, fired for protesting against the government, defeated the ruling JD(U) and RJD candidates. His win is a significant setback for the ruling alliance and highlights growing support for his cause. Ludhiana municipal corporation elections: 34 candidates file nominations ahead of December 21 polls Nominations for the Ludhiana municipal corporation elections are underway, with 34 candidates filing papers on the third day, bringing the total to 26. Nine additional nominations were submitted for Sahnewal and Malaud Nagar Panchayat elections. The deadline is December 12, followed by scrutiny on December 13 and withdrawal until December 14. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .
Jobs at risk in US advertising mega-merger: Omnicom and Interpublic to join forces in £10bn deal By CALUM MUIRHEAD Updated: 17:01 EST, 9 December 2024 e-mail View comments WPP’S status as the world’s largest advertising firm is under threat after two US rivals agreed a multi-billion-pound mega-merger. New York-based Omnicom and Interpublic, the second and fourth largest ad agencies, have struck a £10billion deal to join forces in a move that will de-throne FTSE 100 member WPP. The tie-up is likely to spark fears of job losses in the UK as both entities employ thousands of people across their various ad agencies and PR firms across Britain, and are planning to save £585million in costs through the merger. Globally, Omnicom has over 75,000 staff while Interpublic employs more than 57,000. Under the terms of the deal, Interpublic shareholders will receive 0.344 Omnicom shares for each share they hold in the business, giving them control of 39.4 per cent of the enlarged group. Tie-up: Omnicom, led by CEO John Wren (left) and Interpublic, led by CEO Maurice Levy (right), the second and fourth largest ad agencies, have struck a £10bn deal to join forces Omnicom chief executive John Wren said: ‘Now is the perfect time to bring together our technologies, capabilities, talent and geographic footprints to bring clients superior, data-driven outcomes.’ The merger is expected to attract intense scrutiny from competition regulators given the firm’s potential dominance over the sector. If it is completed, it will mean WPP will be overtaken in terms of advertising sales for the first time in 16 years. RELATED ARTICLES Previous 1 Next Kill the Royal Mail deal: Don't sell our postal service on... Nvidia sees value drop £80bn as Chinese regulators probe... Share this article Share HOW THIS IS MONEY CAN HELP How to choose the best (and cheapest) stocks and shares Isa and the right DIY investing account The London-based firm will be dwarfed by its combined rivals in terms of sales and market capitalisation, with Omnicom valued at £15.8billion while Interpublic is worth £8.5billion compared to WPP’s £9.4billion. Combined, the two US firms reported revenues of around £20billion last year compared to £14.8billion for WPP. The deal would also see the world’s ‘Big Four’ ad agencies reduced to three, with WPP competing with the newly merged firm, as well as French giant Publicis Group, which owns ad agency Saatchi & Saatchi. WPP’s shares have struggled following the departure of its founder and long-serving boss Sir Martin Sorrell in 2018. But shares rose 2.8 per cent, or 24p, to 891.6p yesterday as investors considered whether the merger could provide opportunities for the group. 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That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence. More top storiesBy Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing’s promise of stimulus and the sudden collapse of the Syrian government boosted oil and gold prices more than 1%. U.S. inflation data this week could cement a December interest rate cut by the Federal Reserve at its meeting next week. China’s decision on Monday to alter the wording of its stance toward monetary policy for the first time since 2010 helped global sentiment. Beijing pledged to introduce stimulus to encourage economic growth next year. The rapid collapse over the weekend of Syrian President Bashar al-Assad’s 24-year rule complicates an already fraught situation in the Middle East. Friday’s U.S. monthly employment data was strong enough to soothe any concerns about the resilience of the economy, but not so robust as to rule out a rate cut from the Federal Reserve next week. MSCI’s gauge of stocks across the globe fell 2.05 points, or 0.23%, to 871.68. The Dow Jones Industrial Average fell 240.59 points, or 0.54%, to 44,401.93, the S&P 500 fell 37.42 points, or 0.61%, to 6,052.85 and the Nasdaq Composite fell 123.08 points, or 0.62%, to 19,736.69. Shares of chip maker Nvidia fell 2.5% after China’s market regulator said it had opened an investigation into the company over suspected violation of the country’s antimonopoly law. “In addition to being reminded that December is positive ‘close to three-fourths of the time,’ we have seen record equity inflows, full positioning from asset managers and the highest ever reading from the Conference Board’s survey of retail investor expectations,” Morgan Stanley’s chief investment officer, Lisa Shalett, said in a note. “Complacency indicators are flashing, however, and while we appreciate technicals’ short-term validity, we encourage long-term investors to be measured in their enthusiasm,” she said. European shares closed at their highest levels in six weeks on Monday, led by mining and luxury stocks, after China’s promise of renewed stimulus. The STOXX 600 index edged up 0.1%, and notched its eighth consecutive session of gains. COULD EXPECTED FED RATE CUT BE DERAILED? Last week’s U.S. November payrolls report showed 227,000 jobs were created, compared with expectations for a rise of 200,000, while October’s hurricane-distorted number was revised up. Markets now imply an 85% chance of a quarter-point cut at the Fed’s Dec. 17-18 meeting, up from 68% ahead of the jobs figures, and markets have a further three cuts priced in for next year. The next test is Wednesday’s U.S. inflation report. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro,rose 0.2% to 106.16, with the euro down 0.15% at $1.0552. U.S. Treasury yields rose as traders waited to see whether stubbornly high price pressures could derail expectations for a Fed rate cut next week. The yield on benchmark U.S. 10-year notes rose 5 basis points to 4.203%, from 4.153% late on Friday..[US/] The European Central Bank is widely expected to deliver a quarter-point cut on Thursday. In Asian markets, Chinese stocks and bonds rallied after China’s Politburo was quoted as saying that the country will adopt an “appropriately loose” monetary policy next year, rather than a “prudent” one, marking the first time it has changed the wording of its stance in around 14 years. MSCI’s broadest index of Asia-Pacific shares outside Japan closed higher by 0.88%. South Korean stocks slid 2.8%, while the won currency weakened, even as authorities pledged all-out efforts to stabilise financial markets amid uncertainty over the fate of President Yoon Suk Yeol. This week is full of central bank meetings, aside from the ECB’s. The Swiss National Bank could cut rates by as much as half a point given slowing inflation, as could Canada’s central bank when it meets on Wednesday. The Reserve Bank of Australia meets on Tuesday and is one of the central banks expected to hold fire, while Brazil’s central bank is set to hike again to contain inflation. “With geopolitical uncertainty high and conflicting signals from hard and soft data, monetary policy remains the only game in town to support economic activity, especially in the absence of strong political leadership in Paris and Berlin,” said Barclays economist Christian Keller. In France, President Emmanuel Macron had yet to name a new prime minister after Michel Barnier’s minority government collapsed last week over his austere budget. Geopolitical concerns lifted both oil and gold. Spot gold gained 1.1% to $2,662.98 per ounce, and U.S. gold futures settled 1% higher at $2,685.50.Oil prices rose over 1%, with Brent futures settling up 1.4% at $72.14 per barrel. U.S. crude finished up 1.7% at $68.37. “Events in Syria over the weekend could impact the crude market and increase the geopolitical risk premium on oil prices in the weeks and months to come amid yet more instability in the Middle East region,” said Jorge Leon, Rystad Energy’s head of geopolitical analysis. (Additional reporting by Wayne Cole in Sydney; Editing by Leslie Adler and Stephen Coates) Disclaimer: This report is auto generated from the Reuters news service. 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Taipei, Taiwan A Chinese film set during the Covid-19 pandemic won the top prizes in Taiwan’s prestigious Golden Horse Awards, which saw the highest number of entries from China in recent years despite political tensions. Beijing banned its entertainers from joining Golden Horse — dubbed the Chinese-language “Oscars” — in 2019 after a Taiwanese director voiced support for the island’s independence in an acceptance speech in 2018. China claims Taiwan as part of its territory, which the Taipei government rejects, and Chinese A-listers and big commercial productions have largely avoided the event ever since. Despite the sensitivity of the awards, more than 200 Chinese films entered this year’s competition, which Taiwan’s Mainland Affairs Council (MAC) said was the highest number in “recent years”. Acclaimed Chinese filmmaker Lou Ye was awarded best director late Saturday night for his docu-drama “An Unfinished Film”, which was also named best picture. Lou was absent from the ceremony but his wife Ma Yingli read his acceptance speech, describing the film set during China’s lockdown of Wuhan in the earliest stages of the pandemic as “the most special directing job I have ever done”. Chinese actor Zhang Zhiyong, who also did not attend the awards, won best actor for his performance in Chinese director Geng Jun’s same-sex drama “Bel Ami”. Hong Kong’s Chung Suet-ying was named best actress for her role in “The Way We Talk”, which is about the deaf community. Neither “Bel Ami” nor “An Unfinished Film” has been released in China. Ahead of the awards, MAC spokesman Liang Wen-chieh told reporters that these films “may not be able to be screened in mainland China, but they still hope to have a free platform to participate and express themselves”. “We welcome (them) very much,” he said. READ ALSO: Chinese movies vie for Taiwan’s top awards against tense backdrop – ‘Work of conscience’ – After several years absence, Chinese stars began trickling back to the awards in Taipei last year, with actress Hu Ling the first to grace the red carpet since the ban. On Saturday, Geng Jun and some of his cast were among the few Chinese entertainers to join stars and filmmakers from around the region, including Taiwan, Hong Kong, Singapore and Japan, on the red carpet. While Geng missed out on best director and best picture, his film “Bel Ami” won the awards for best cinematography and best film editing. Despite political tensions, Golden Horse remained a stage for independent Chinese films that have no distribution space on the mainland, Taiwanese film critic Wonder Weng told AFP. “This spirit remains unchanged. I think the Golden Horse Awards have always insisted on being the benchmark” that is open to all subjects, said Weng, who is a board member of Taiwan Film Critics Society. Weng said “An Unfinished Film” by Lou, who has previously taken on forbidden subjects such as gay sex and the 1989 Tiananmen protests, was “a work of conscience”. Lou’s latest offering is about a film crew trying to resume shooting a movie during the Covid-19 pandemic in Wuhan, as the city was placed in an unprecedented lockdown. “Lou put images that are banned or blocked into his work and reminds us that there is a director who is willing to preserve historical images for us to see... and let us know there is a different voice,” Weng said.NEW YORK — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped 240 points, or 0.5%, and the Nasdaq composite pulled back 0.6% from its own record. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia’s drop overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world’s second-largest economy. Roughly 3 in 7 of the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at close to the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. “Investors should enjoy this rally while it lasts — there’s little on the horizon to disrupt the momentum through year-end,” according to Mark Hackett, chief of investment research at Nationwide, though he warns stocks could stumble soon because of how overheated they’ve gotten. On Wall Street, Interpublic Group rose 3.6% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 10.2%. Macy’s climbed 1.8% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. All told, the S&P 500 fell 37.42 points to 6,052.85. The Dow dipped 240.59 to 4,401.93, and the Nasdaq composite lost 123.08 to 19,736.69. In the oil market, a barrel of benchmark U.S. crude rallied 1.7% to settle at $68.37 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels overthrew his regime. Brent crude, the international standard, added 1.4% to $72.14 per barrel. The price of gold also rose 1% to $2,685.80 per ounce amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. Get local news delivered to your inbox!
OWINGS MILLS, Md. (AP) — Fresh off one of its best showings of the season, the Baltimore defense now has another problem to worry about. Roquan Smith missed practice again Friday because of a hamstring injury. Although the Ravens didn't officially rule him or anyone else out — they don't play until Monday night — the All-Pro linebacker's status seems dicey. “Definitely it will be a challenge if Roquan can’t go,” defensive coordinator Zach Orr said. “We’re holding out hope and everything like that. I think it’ll just be by committee. Not one person is going to replace Roquan. Roquan’s an every-down linebacker.” Although the Ravens lost 18-16 last weekend, Baltimore didn't allow a touchdown. That was an encouraging sign for a team that ranks 26th in the league in total defense. Baltimore is on the road Monday against the Los Angeles Chargers. The Ravens appear to have dodged one potential nightmare. Star safety Kyle Hamilton injured an ankle against Cincinnati on Nov. 7, but he was able to play almost every defensive snap the following week against Pittsburgh. But Smith was injured in that game and didn't practice Thursday or Friday. Linebacker Malik Harrison had a season high in tackles last weekend and figures to have a significant role if Smith can't go. “We tell these guys, ‘You’re one play away to going in there — you never know, so you got to stay ready.’ Malik — he was ready,” Orr said. “I thought he went in there and did a good job, especially after the first series, he settled down. That’s what we expect from him.” It's hard to tell whether last week can be a significant turning point for Baltimore's defense. The Ravens allowed only 10 points in a dominant win over Buffalo in Week 4, then yielded 38 against Cincinnati the following game. After allowing 10 against Denver, the Ravens were picked apart by the Bengals again a few days later. So they still haven't shown they can play a good game defensively and then build on it. “I think it’s easier said than done. It’s something that we kind of got caught up saying against Buffalo and then coming up the next week and not doing," Hamilton said. "We’re aware of it now and know that we played a good game, but I think we can get a lot better, and I think that’s kind of the mindset everybody on defense has right now.” Hamilton's ability to make a difference all over the field is part of what makes him valuable, but positioning him deep is one way the Ravens can try to guard against big passing plays. Pittsburgh's Russell Wilson threw for only 205 yards against Baltimore. That's after Joe Burrow passed for 428 and four touchdowns in the Ravens' previous game. “I’ve always seen myself as a safety. A versatile one, but at the end of the day, I think I play safety,” Hamilton said. “If I’m asked to go play safety, I feel like that’s not an issue for me to play safety if I’m a safety.” NOTES: In addition to Smith, WR Rashod Bateman (knee), DT Travis Jones (ankle), S Sanoussi Kane (ankle) C Tyler Linderbaum (back) and CB Arthur Maulet (calf) missed practice Friday. WR Nelson Agholor (illness) returned to full participation after missing Thursday's practice. AP NFL: https://apnews.com/hub/NFLNEW YORK (AP) — Remember what you searched for in 2024? Google does. Google released its annual “Year in Search” on Tuesday, rounding up the top trending queries entered into its namesake search engine in 2024. The results show terms that saw the highest spike in traffic compared to last year — ranging from key news events, notably global elections , to the most popular songs, athletes and unforgettable pop-culture moments that people looked up worldwide. Sports — particularly soccer and cricket — dominated Google’s overall trending searches in 2024. Copa América topped those search trends globally, followed by the UEFA European Championship and ICC Men’s T20 World Cup . Meanwhile, the U.S. election led news-specific searches worldwide. Queries about excessive heat and this year’s Olympic Games followed. U.S. President-elect Donald Trump topped searches in Google’s people category this year — followed by Catherine, Princess of Wales , U.S. Vice President Kamala Harris and Algerian boxer Imane Khelif , who also led athlete-specific searches. Meanwhile, the late Liam Payne , Toby Keith and O.J. Simpson led search trends among notable individuals who died in 2024. In the world of entertainment, Disney and Pixar’s “Inside Out 2” was the top trending movie of the year, while Netflix’s “Baby Reindeer” led TV show trends. And Kendrick Lamar’s “Not Like Us” dominated song trends. That’s just the tip of the iceberg. Queries for the Olympic village’s chocolate muffin , made famous by Norwegian swimmer Henrik Christiansen over the summer games, led Google’s global recipe trends this year. The New York Times’ “Connections” puzzle topped game searches. And in the U.S., country-specific data shows, many people asked Google about online trends like the word “demure” and “ mob wife aesthetic .” You can find more country-specific lists, and trends from years past , through Google’s “Year in Search” data published online . The California company said it collected 2024 search results from Jan. 1 through Nov. 23 of this year. Google isn’t the only one to publish an annual recap or top trends as 2024 draws to a close. Spotify Wrapped , for example, as well as Collins Dictionary and Merriam-Webster’s words of the year, have offered additional reflections for 2024. The Associated Press
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It started as an evening of celebration for Manchester City. It ended with the four-time defending Premier League champion conceding four goals and falling to a fifth-straight loss in all competitions as it faces a deepening crisis in a season that is threatening to unravel. A 4-0 defeat to Tottenham on Saturday left City five points behind league leader Liverpool, having played a game more, and with manager Pep Guardiola questioning whether he could get its title challenge back on track.B.C. cities turning to AI to speed up housing approvals
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