Expedia Tops Travel App Provider Ranking Ahead of Busy SeasonNICEVILLE, Fla. (AP) — Aaliyah Nye scored 15 points and No. 23 Alabama coasted to an 83-33 win over Alabama State on Monday at the Emerald Coast Classic. Sarah Ashlee Barker and Karly Weathers both added 12 points for the Crimson Tide (7-0). Zaay Green had 11. Barker, Weathers and Green combined to go 12 of 16 from the field as Alabama shot 51% and made 23 of 34 free throws. Cordasia Harris had eight points for the Hornets (2-3), who shot 27.5% and had 28 turnovers while being outrebounded by 17. Alabama entered ranked 17th in scoring offense through the first two weeks of the season, averaging 87.3 points per game. Barker opened the scoring and contributed another layup before her 3-pointer made it 14-0. The Tide led 26-8 after one quarter. Alabama also had a 13-2 run in the second quarter and Weathers had a buzzer-beating 3-pointer to lead 46-20 at halftime. Alabama plays the winner of UAB-Clemson on Tuesday and the Hornets face the loser. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP women’s college basketball: and The Associated Press
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Patna: Patna district administration issued several directives on Saturday for the first phase of the primary agricultural cooperative credit society (PACS) elections scheduled for November 26. These elections will take place across eight blocks in the district – Dulhin Bazaar, Danapur, Naubatpur, Patna Sadar, Punpun, Phulwarisharif, Paliganj and Masaurhi. IPL 2025 mega auction IPL Auction 2025: Who got whom IPL 2025 Auction: Updated Full Team Squads Polling will be conducted from 7am to 4.30pm and the counting will start at 8am the next day. According to the administration's order, contestants must camp beyond a 200-metre radius of polling booths and Section 144 of the Criminal Procedure Code will be enforced in the respective panchayat areas on polling day to maintain order. "A total of 68 patrolling teams have been deployed to ensure voting is conducted in an impartial, fair, peaceful and fear-free environment," said a joint order issued by district magistrate-cum-electoral officer Chandrashekhar Singh and senior superintendent of police Rajiv Mishra. The maximum number of teams, 15, has been deployed for Paliganj; 10 each for Masaurhi and Naubatpur; eight for Phulwarisharif; seven each for Dulhin Bazaar, Danapur and Punpun and four for Patna Sadar. The patrolling magistrates will also be responsible for collecting ballot boxes after polling and depositing them at the designated strongrooms or counting centres. "The magistrates are required to report at their dispatch centres on Monday at 9am to collect election-related materials and hand them over to the presiding officers of the polling centres," the order read. Magistrates are further tasked with reporting voting percentages for women and men from every polling booth every two hours. "This information will be relayed to the electoral officers at regular intervals," the order added. Block development officers have been asked to establish control rooms at block head offices on polling day and to deploy sufficient officers and staff to manage complaints and ensure smooth operations. Also, each control room will be equipped with a fire brigade unit and an ambulance, staffed with doctors and stocked with necessary medicines. Deputy development commissioner Sameer Saurabh and superintendent of police (rural) Vishwajeet Dayal will oversee law and order and electoral processes on the polling day. Patna: Patna district administration issued several directives on Saturday for the first phase of the primary agricultural cooperative credit society (PACS) elections scheduled for November 26. These elections will take place across eight blocks in the district – Dulhin Bazaar, Danapur, Naubatpur, Patna Sadar, Punpun, Phulwarisharif, Paliganj and Masaurhi. Polling will be conducted from 7am to 4.30pm and the counting will start at 8am the next day. According to the administration's order, contestants must camp beyond a 200-metre radius of polling booths and Section 144 of the Criminal Procedure Code will be enforced in the respective panchayat areas on polling day to maintain order. "A total of 68 patrolling teams have been deployed to ensure voting is conducted in an impartial, fair, peaceful and fear-free environment," said a joint order issued by district magistrate-cum-electoral officer Chandrashekhar Singh and senior superintendent of police Rajiv Mishra. The maximum number of teams, 15, has been deployed for Paliganj; 10 each for Masaurhi and Naubatpur; eight for Phulwarisharif; seven each for Dulhin Bazaar, Danapur and Punpun and four for Patna Sadar. The patrolling magistrates will also be responsible for collecting ballot boxes after polling and depositing them at the designated strongrooms or counting centres. "The magistrates are required to report at their dispatch centres on Monday at 9am to collect election-related materials and hand them over to the presiding officers of the polling centres," the order read. Magistrates are further tasked with reporting voting percentages for women and men from every polling booth every two hours. "This information will be relayed to the electoral officers at regular intervals," the order added. Block development officers have been asked to establish control rooms at block head offices on polling day and to deploy sufficient officers and staff to manage complaints and ensure smooth operations. Also, each control room will be equipped with a fire brigade unit and an ambulance, staffed with doctors and stocked with necessary medicines. Deputy development commissioner Sameer Saurabh and superintendent of police (rural) Vishwajeet Dayal will oversee law and order and electoral processes on the polling day.Luke Williams feels Swansea ‘lost grip’ on game despite sealing victory at Derby
Intact Financial Corp. stock falls Wednesday, underperforms marketWith Ontario’s deadline to implement accessibility standards a little over a month away, a disability rights activist is part of a group holding an online forum. A barrier-free Ontario was the purpose of the Accessibility for Ontarians with Disabilities Act (AODA), unanimously passed by members of provincial parliament in 2005. With the province’s 20-year deadline for the implementation of accessibility standards looming on Jan. 1, 2025, AODA Alliance chair David Lepofsky will be part of the panel hosting the event from 2 to 4 p.m. today, and we will have the YouTube stream of the event of the public hearing. AODA Alliance will stage community public hearings. MPPs from the four Ontario political parties will receive deputations from people with disabilities in person and via video. Presenters will describe disability barriers they still face and the government’s role in the process. The event will stream live on the AODA Alliance YouTube channel at . Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our and . This site is protected by reCAPTCHA and the Google and apply. Want more of the latest from us? Sign up for more at our .Salem vs. Goliath: Tigers draw No. 1 UCLA in 1st-ever NCAA Tournament trip in water polo
Inquirer files MANILA, Philippines — President Marcos has designated a community mall in Antipolo City in Rizal province as a special economic zone (ecozone) to help attract investors to the outskirts of the congested National Capital Region. Proclamation No. 752, signed on Nov. 22, declared Xentromall Antipolo and the parcels of land that it stands on in Barangay Mambugan, Antipolo City, as an information technology (IT) center as recommended by the Philippine Economic Zone Authority (Peza). The declaration for the special ecozone will cover the 27,622.18-square-meter (sqm) floor area of Xentromall Antipolo, as well as its 10,898-sqm lot area. READ: Marcos approves 2 more ecozones This will entitle IT companies locating in the mall to various tax and other fiscal incentives, such as income tax-holidays granted to ecozone locators to bring down their operating costs. It will be the second special ecozone in Antipolo after the SMMS IT Center, which was declared a Peza-accredited IT center by Proclamation No. 567 issued on March 26, 2013. Xentromall Antipolo is targeting a number of business process outsourcing firms to set up operations in the mall. It is a three-story community mall along Sumulong Highway that is operated by XRC Resources, which in turn is owned by proprietors Alex and Aida Cruz. The community complex opened in 2018 and is patterned after strip malls in the United States. Other Xentromalls are found in other towns of Rizal such as Morong, Angono, Tanay, Taytay, Binangonan and Montalban. The creation of the special ecozone in Antipolo is provided under Republic Act No. 7916, or the 1995 Special Economic Zone Act. The law sought to spur economic growth through the development of special ecozones, which are select areas that are agro-industrial; tourist or recreational; commercial banking, investment and financial centers, or have the potential to be developed into such hubs. These special ecozones are usually stand-alone buildings and are different from the regular ecozones or sprawling complexes containing industrial estates, export processing zones, free trade zones, and large tourist or recreational centers. Examples of these special ecozones are RCBC Plaza on Ayala Avenue and Pacific Star building on Makati Avenue, both in the city of Makati, Market! Market! in Bonifacio Global City, and Riverbanks Center in Marikina City. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . As of June 30 this year, Peza has registered 426 ecozones across the country, the majority of them special ecozones.
NoneDelivers Outperformance Across All First Quarter Guided Metrics Reports 18% YoY ARR Growth and Strong Free Cash Flow SAN JOSE, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (NASDAQ: NTNX ), a leader in hybrid multicloud computing, today announced financial results for its first quarter ended October 31, 2024. "During our first quarter we delivered outperformance across our guided metrics,” said Rajiv Ramaswami, President and CEO of Nutanix. "We also continued to bring innovations to the market supporting our vision of becoming the leading platform for running apps and managing data, anywhere, while strengthening our partner ecosystem.” "Our first quarter results demonstrated a good balance of top and bottom line performance with 18% year-over-year ARR growth and strong free cash flow generation,” said Rukmini Sivaraman, CFO of Nutanix. "We remain focused on delivering sustainable, profitable growth.” First Quarter Fiscal 2025 Financial Summary Recent Company Highlights Webcast and Conference Call Information Nutanix executives will discuss the Company's first quarter fiscal 2025 financial results on a conference call today at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time. Interested parties may access the conference call by registering at this link to receive dial in details and a unique PIN number. The conference call will also be webcast live on the Nutanix Investor Relations website at ir.nutanix.com . An archived replay of the webcast will be available on the Nutanix Investor Relations website at ir.nutanix.com shortly after the call. Footnotes 1 Annual Recurring Revenue , or ARR , for any given period, is defined as the sum of ACV for all subscription contracts in effect as of the end of a specific period. For the purposes of this calculation, we assume that the contract term begins on the date a contract is booked, unless the terms of such contract prevent us from fulfilling our obligations until a later period, and irrespective of the periods in which we would recognize revenue for such contract. Excludes all life-of-device contracts. ACV is defined as the total annualized value of a contract. The total annualized value for a contract is calculated by dividing the total value of the contract by the number of years in the term of such contract. Excludes amounts related to professional services and hardware. 2 Average Contract Duration represents the dollar-weighted term, calculated on a billings basis, across all subscription contracts, as well as our limited number of life-of-device contracts, using an assumed term of five years for life-of-device licenses, executed in the period. 3 Weighted average share count used in computing diluted non-GAAP net income per share. Non-GAAP Financial Measures and Other Key Performance Measures To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, this press release includes the following non-GAAP financial and other key performance measures: non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, free cash flow, Annual Recurring Revenue (or ARR), and Average Contract Duration. In computing non-GAAP financial measures, we exclude certain items such as stock-based compensation and the related income tax impact, costs associated with our acquisitions (such as amortization of acquired intangible assets, income tax-related impact, and other acquisition-related costs), restructuring charges, litigation settlement accruals and legal fees related to certain litigation matters, the amortization and conversion of the debt discount and issuance costs related to convertible senior notes, interest expense related to convertible senior notes, and other non-recurring transactions and the related tax impact. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, and non-GAAP operating margin are financial measures which we believe provide useful information to investors because they provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses and expenditures such as stock-based compensation expense that may not be indicative of our ongoing core business operating results. Free cash flow is a performance measure that we believe provides useful information to our management and investors about the amount of cash generated by the business after capital expenditures, and we define free cash flow as net cash provided by (used in) operating activities less purchases of property and equipment. ARR is a performance measure that we believe provides useful information to our management and investors as it allows us to better track the topline growth of our subscription business because it takes into account variability in term lengths. We use these non-GAAP financial and key performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. However, these non-GAAP financial and key performance measures have limitations as analytical tools and you should not consider them in isolation or as substitutes for analysis of our results as reported under GAAP. Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP operating margin, and free cash flow are not substitutes for gross margin, operating expenses, operating income (loss), operating margin, or net cash provided by (used in) operating activities, respectively. There is no GAAP measure that is comparable to ARR or Average Contract Duration, so we have not reconciled the ARR or Average Contract Duration data included in this press release to any GAAP measure. In addition, other companies, including companies in our industry, may calculate non-GAAP financial measures and key performance measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures and key performance measures as tools for comparison. We urge you to review the reconciliation of our non-GAAP financial measures and key performance measures to the most directly comparable GAAP financial measures included below in the tables captioned "Reconciliation of GAAP to Non-GAAP Profit Measures” and "Reconciliation of GAAP Net Cash Provided By Operating Activities to Non-GAAP Free Cash Flow,” and not to rely on any single financial measure to evaluate our business. This press release also includes the following forward-looking non-GAAP financial measures as part of our second quarter fiscal 2025 outlook and/or our fiscal 2025 outlook: non-GAAP operating margin and free cash flow. We are unable to reconcile these forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures without unreasonable efforts, as we are currently unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact the GAAP financial measures for these periods but would not impact the non-GAAP financial measures. Forward-Looking Statements This press release contains express and implied forward-looking statements, including, but not limited to, statements regarding: our business momentum and prospects; our innovations supporting our vision of becoming the leading platform for running applications and managing data, anywhere; strengthening our partner ecosystem; our focus on delivering sustainable, profitable growth; our second quarter fiscal 2025 outlook; and our fiscal 2025 outlook. These forward-looking statements are not historical facts and instead are based on our current expectations, estimates, opinions, and beliefs. Consequently, you should not rely on these forward-looking statements. The accuracy of these forward-looking statements depends upon future events and involves risks, uncertainties, and other factors, including factors that may be beyond our control, that may cause these statements to be inaccurate and cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by such statements, including, among others: the inherent uncertainty or assumptions and estimates underlying our projections and guidance, which are necessarily speculative in nature; any failure to successfully implement or realize the full benefits of, or unexpected difficulties or delays in successfully implementing or realizing the full benefits of, our business plans, strategies, initiatives, vision, objectives, momentum, prospects and outlook; our ability to achieve, sustain and/or manage future growth effectively; the rapid evolution of the markets in which we compete, including the introduction, or acceleration of adoption of, competing solutions, including public cloud infrastructure; failure to timely and successfully meet our customer needs; delays in or lack of customer or market acceptance of our new solutions, products, services, product features or technology; macroeconomic or geopolitical uncertainty; our ability to attract, recruit, train, retain, and, where applicable, ramp to full productivity, qualified employees and key personnel; factors that could result in the significant fluctuation of our future quarterly operating results (including anticipated changes to our revenue and product mix, the timing and magnitude of orders, shipments and acceptance of our solutions in any given quarter, our ability to attract new and retain existing end-customers, changes in the pricing and availability of certain components of our solutions, and fluctuations in demand and competitive pricing pressures for our solutions); our ability to form new or maintain and strengthen existing strategic alliances and partnerships, as well as our ability to manage any changes thereto; our ability to make share repurchases; and other risks detailed in our Annual Report on Form 10-K for the fiscal year ended July 31, 2024 filed with the U.S. Securities and Exchange Commission, or the SEC, on September 19, 2024. Additional information will be set forth in our Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2024, which should be read in conjunction with this press release and the financial results included herein. Our SEC filings are available on the Investor Relations section of our website at ir.nutanix.com and on the SEC's website at www.sec.gov. These forward-looking statements speak only as of the date of this press release and, except as required by law, we assume no obligation, and expressly disclaim any obligation, to update, alter or otherwise revise any of these forward-looking statements to reflect actual results or subsequent events or circumstances. About Nutanix Nutanix is a global leader in cloud software, offering organizations a single platform for running applications and managing data, anywhere. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix. © 2024 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. ("Nutanix”) in the United States and other countries. Other brand names or marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release is for informational purposes only and nothing herein constitutes a warranty or other binding commitment by Nutanix. Investor Contact: Richard Valera [email protected] Media Contact: Lia Bigano [email protected] CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) 2024 2024 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) October 31,
The government of Israel has ordered an official boycott of an Israeli newspaper Haaretz , accusing it of supporting "enemies of the state” and of “incitement against the state of Israel”. Enemies of the state On Nov. 24, the office of Israel’s Communications Minister, Sholmo Karhi, posted on social media that the Israeli government would stop funding Haaretz . Screenshot via X The Guardian reported that this would mean that the newspaper would no longer receive government advertising, nor would any government officials or persons working for government-funded bodies interact with it. The post said that the government of Israel would not allow “a reality in which the publisher of an official newspaper” in Israel could “call for the imposition of sanctions against (the state of Israel)” and supporting “the enemies of the state in the midst of a war”. The post defended the move, claiming that Israel "advocate(s) a free press and freedom of expression" saying the government had the "freedom" to "not fund incitement against" itself. Haaretz is a notably left-wing newspaper, in contrast to Israel's current, decidedly right-wing government, and is Israel’s oldest newspaper, having been set up in 1919. It has long been critical of Prime Minister Benjamin Netanyahu, not just in the present moment, but in most of his previous stints as PM. It has been especially critical of the current iteration of his government, and that sentiment has been maintained through the attacks by Hamas on Oct. 7. Shocken reaction This latest reaction against the newspaper is ostensibly a reaction against comments made by the Haaretz publisher Amos Schocken. Schocken recently spoke at a conference in London, and is quoted by his own paper as saying “[The Israeli government] dismisses the costs of both sides for defending the settlements while fighting the Palestinian freedom fighters, that Israel calls terrorists.” Haaretz , reporting on the boycott of itself, said that the Israeli government’s explanation was that the boycott was a reaction to Haaretz’s editorials, and to Shocken’s remarks in specific. Shocken’s remarks, particularly the part that appeared to say “terrorists” were “freedom fighters”, were met with “widespread public outcry", according to Haaretz . That outcry included an opinion article and editorial in Haaretz itself, which rejected the notion that Hamas fighters were freedom fighters. The outcry forced the publisher to clarify that he was referring to the situation in the West Bank, which is controlled by the Palestinian Authority. As to the situation in Gaza, which is controlled by Hamas, he said “As for Hamas, they are not freedom fighters, as their ideology essentially states ‘It’s all ours, others should leave’. Legitimate, but disliked, efforts The situation reflects the complicated and fractured nature of Israeli politics at the moment. At the same time as being united about some topics, for example the Haaretz editorial said that the “planners and perpetrators of the Oct. 7, 2023 massacre must be severely punished”, there are also many points of disagreement. In the same editorial, Haaretz describes efforts, particularly by the Palestinian Authority, to encourage an international economic boycott of Israel as "legitimate", “even if many Israelis dislike them”. The replies to Karhi’s tweet highlight the divide, with some responses praising the move. Screenshot via X Still, many others accuse the government of authoritarianism, as well as complaining about the government’s failure to recover the remaining hostages held by Hamas in Gaza, taken over a year ago on Oct. 7. Screenshot via X Screenshot via X Haaretz understandably reacted unfavourably to the news, condemning the decision as an "opportunist resolution”. Such moves are usually presented to the Israeli cabinet with a legal opinion supplied by the Attorney General, but this was not done in this case, and was passed by the cabinet without “any legal review”. The paper compared the Netanyahu government with that of other leaders it considered similarly autocratic, such as Russia’s Vladimir Putin, and Hungary’s Viktor Orban. Haaretz said Israel’s government was attempting to similarly silence a “critical, independent newspaper”, but it would not “baulk and will not morph into a government pamphlet", only publishing messages approved by the government. Related story Top image via Shlomo Karhi/Facebook & Haaretz/FacebookThe Board of Jinhui Shipping and Transportation Limited (the “Company”) is pleased to announce the unaudited condensed consolidated results of the Company and its subsidiaries (the “Group”) for the quarter and nine months ended 30 September 2024. Given the rebound of market freight rates driven by robust demand for dry bulk commodities, limited supply of vessels and the increase in number of owned and chartered-in vessels, the Group recorded a significant increase in the chartering freight and hire revenue for the first nine months of 2024 as compared to the depressed freight market upon the weak dry bulk shipping market sentiment for the first nine months of 2023. Market freight rates have recovered from the low level as seen in the beginning of the year despite the simultaneous occurrence of multiple geo-political issues that affected business sentiment. The Group reported a revenue for the third quarter of 2024 of US$45,585,000, representing an increase of 127% as compared to US$20,038,000 for the corresponding quarter in 2023. The Company recorded a consolidated net profit of US$7,595,000 for the current quarter as compared to a consolidated net loss of US$8,079,000 for the corresponding quarter in 2023. The consolidated net loss for last corresponding quarter in 2023 was attributable to the exposure to declining freight rates at such unexpected weak dry shipping market and the impairment loss on assets held for sale of US$1,897,000 recognized upon reclassification of one Supramax for which the Group entered into a disposal agreement. Basic earnings per share for the third quarter was US$0.070 as compared to basic loss per share of US$0.074 for the same quarter in 2023. The average daily time charter equivalent rates earned by the Group’s fleet increased 74% to US$15,290 for the third quarter of 2024 as compared to US$8,796 for the corresponding quarter in 2023. Revenue for the first nine months of 2024 reached US$114,724,000, which is a significant increase compared to US$57,265,000 during the same period in 2023. This represents a doubling of revenue year-over-year. The Company recorded a consolidated net profit of US$18,816,000 for the first nine months of 2024 whereas a consolidated net loss of US$27,340,000 was reported in the first nine months of 2023. Basic earnings per share for the period was US$0.172 as compared to basic loss per share of US$0.250 for the first nine months of 2023. The average daily time charter equivalent rate for the fleet improved 70% to US$14,446 for the first nine months of 2024 as compared to US$8,520 for the same period in 2023. The Board has resolved not to recommend the payment of any interim dividend for the quarter ended 30 September 2024. Third Quarter of 2024. In the third quarter of 2024, the momentum in dry bulk shipping market remained positive as limited newbuilding deliveries and increasing tonnage scrapping activities had kept the fleet growth at a reasonable level. During the quarter, the Baltic Dry Index (“BDI”) opened at 2,050 points at the beginning of July. It rose to a peak of 2,179 points in early July and closed at 2,084 points by the end of September 2024. The average of BDI for the third quarter of 2024 was 1,871 points, which compares to 1,194 points in the same quarter in 2023. Revenue for the third quarter of 2024 was US$45,585,000, representing an increase of 127% as compared to US$20,038,000 for the third quarter in 2023. The Company generated a consolidated operating profit before depreciation and amortization amounted to US$21,642,000 for the current quarter as compared to US$4,025,000 for the last corresponding quarter. As of 30 September 2024, the Group operated twenty-four owned vessels and nine chartered-in vessels as compared to twenty-four owned vessels and one chartered-in vessel for the same period of last year. During the quarter, a Capesize vessel which has been contracted to acquire in February 2024 was delivered to the Group. In the third quarter of 2024, our Panamax fleet achieved an average daily time charter equivalent rate (“TCE”) of US$14,555, while the Ultramax/Supramax fleet recorded US$15,228. In comparison, during the same quarter of 2023, the Panamax fleet recorded US$15,104 and the Ultramax/Supramax fleet recorded US$8,531. Other operating income increased from US$2,502,000 from the third quarter of 2023 to US$4,444,000 for the current quarter mainly due to the Group recording a net gain of US$2,140,000 on financial assets at fair value through profit or loss for the third quarter of 2024 while a net loss of US$130,000 on financial assets at fair value through profit or loss was recorded and included in other operating expenses for the same quarter of 2023. Shipping related expenses rose from US$12,572,000 for the third quarter of 2023 to US$24,147,000 for the current quarter mainly attributable to the rise in hire payments upon the increase in number of chartered-in vessels. Throughout the nine-month period, the Group engaged in certain inward time charters engagements, resulting in approximately US$8 million in hire payments for these short-term leases during the third quarter of 2024. The daily vessel running cost of the Group’s owned vessels slightly increased to US$5,302 for the third quarter of 2024 as compared to US$5,181 for the third quarter of 2023 as certain initial running costs and expenses were incurred for newly delivered vessels. We will continue with our cost reduction effort, striving to maintain a highly competitive cost structure when stacked against other market participants. Other operating expenses decreased 62% from US$3,163,000 for the third quarter of 2023 to US$1,209,000 for the current quarter. This decrease was mainly due to the recognition of an impairment loss on assets held for sale (disposed vessel), which amounted to US$1,897,000 in the same period of last year. Depreciation and amortization of the Group increased from US$10,300,000 for the third quarter of 2023 to US$12,473,000 for the third quarter of 2024. The increase was attributable to the recognition of depreciation of US$4,753,000 on right-of-use assets for long-term chartered-in vessels for the current quarter whereas US$2,124,000 was recorded in last corresponding quarter. The Group’s daily vessel depreciation decreased to US$3,467 for the current quarter as compared to US$3,596 for the corresponding quarter in 2023. This reduction is attributed to lower carrying amounts of owned vessels following the recognition of an impairment loss on these vessels at the end of 2023. Finance costs decreased from US$1,804,000 for the third quarter of 2023 to US$1,574,000 in the third quarter of 2024. The reduction was due to a decreased recognition of interest expenses on lease liabilities, which amounted to US$299,000 during the quarter as compared to US$568,000 for last corresponding period. First Nine Months of 2024 Statement of Cash Flows and Statement of Financial Position as at 30 September 2024 During the first nine months of 2024, upon financing of delivery of two vessels, the Group maintained positive working capital position and had cash and cash equivalents of US$22,460,000 (31/12/2023: US$40,250,000). Net cash generated from operating activities after working capital changes was US$56,791,000 (30/9/2023: US$6,122,000), of which US$4,844,000 (30/9/2023: US$4,481,000) related to changes in working capital. For the first nine months of 2024, net cash used in investing activities was US$61,228,000 (30/9/2023: US$4,253,000). This included US$10,414,000 cash proceeds received from the completed disposal of one Supramax, US$68,188,000 on acquisition of two motor vessels and dry-docking expenditure and US$4,800,000 on deposit paid for acquisition of a Capesize which will be delivered to the Group during the fourth quarter of 2024. During the first nine months of 2024, the Group had drawn new secured bank loans of US$50,876,000 (30/9/2023: US$30,474,000) and repaid US$51,975,000 (30/9/2023: US$28,220,000). The Group’s total secured bank loans decreased from US$88,167,000 as at 31 December 2023 to US$87,068,000 as at 30 September 2024, of which 19%, 8% and 73% are repayable respectively within one year, in the second year and in the third to fifth year. The bank borrowings represented revolving loans, term loans and property mortgage loans that were denominated in Hong Kong Dollars. All bank borrowings were committed on floating rate basis. As at 30 September 2024, the total of the Group’s equity and debt securities, bank balances and cash decreased to US$43,019,000 (31/12/2023: US$62,613,000). The gearing ratio, as calculated on the basis of net debts (total interest-bearing debts net of equity and debt securities, bank balances and cash) over total equity, was 12% (31/12/2023: 7%) as at 30 September 2024. With cash, marketable equity and debt securities in hand as well as available credit facilities, the Group has sufficient financial resources to satisfy its commitments and working capital requirements. As at 30 September 2024, the Group is able to service its debt obligations, including principal and interest payments. Capital Expenditures and Commitments Capital Expenditures During the first nine months of 2024, the Group incurred capital expenditure of US$67,925,000 on additions of motor vessels and capitalized drydockings and US$263,000 on other property, plant and equipment. For the first nine months of 2023, capital expenditure of US$3,666,000 was incurred, including US$3,564,000 on capitalized dry-dockings and improvements to motor vessels and US$102,000 on other property, plant and equipment. During the first nine months ended 30 September 2024, the Group entered into two shipbuilding contracts for the construction of two newbuildings, each at a consideration of US$34,000,000 of deadweight 63,500 metric tons, to be delivered in 2026 and 2027 respectively. As at the reporting date, the capital expenditure commitments contracted by the Group but not provided for was US$68,000,000 (31/12/2023: nil). The Group further entered into a charterparty in respect of leasing of a Capesize of deadweight 207,672 metric tons, built in year 2017, for a term of minimum thirty-three months; the vessel will be delivered to the Group between 1 January 2025 to 31 March 2025. An unaudited value of the right-of-use asset of approximately US$26,640,000 will be recognized on the date of delivery of the vessel. As at the reporting date, the capital expenditure commitments contracted by the Group but not provided for was approximately US$26,640,000 (31/12/2023: nil). During the current quarter, the Group entered into an agreement in respect of the acquisition of a Capesize of deadweight 178,021 metric tons, built in year 2008, at a purchase price of US$24,000,000, to be delivered to the Group in the fourth quarter of 2024. As at the reporting date, a deposit of US$4,800,000 for the vessel was paid, the capital expenditure commitments contracted by the Group but not provided for, net of deposits paid, was approximately US$19,200,000 (31/12/2023: nil). In 2018, the Group entered into the co-investment documents to co-invest in a property project in Tower A of One Financial Street Center, Jing’an Central Business District, Shanghai, the PRC, pursuant to which the Group is committed to acquire non-voting participating class A shares of Dual Bliss Limited of US$10,000,000. Dual Bliss Limited is one of the investors of the Co-investment. As at the reporting date, the capital expenditure commitments contracted by the Group but not provided for was US$372,000 (31/12/2023: US$372,000). As at the reporting date, the total amount of capital expenditure commitments contracted by the Group but not provided for, net of deposits paid, was US$114,212,000 (31/12/2023: US$372,000). Save as disclosed above, there was no other significant capital expenditure commitments contracted by the Group but not provided for as at the reporting date. Source: Jinhui Shipping and Transportation Limited
The Arizona Cardinals were rested, relatively healthy and had been playing some of their best football in years. That's why Sunday's sobering 16-6 road loss to the Seattle Seahawks was so surprising. “Frustrating day offensively, especially the way we’ve been playing to come out here and lay an egg and get physically dominated in a sense,” quarterback Kyler Murray said. The Cardinals (6-5) had their four-game winning streak snapped. Murray completed 24 of 37 passes for 285 yards, but made a brutal mistake, throwing an interception that was returned 69 yards by Seattle's Coby Bryant. The running game never got going, gaining just 49 yards. James Conner, the team's leading rusher, had just 8 yards on seven attempts. “There were a lot of things where it felt like the flow of things just wasn’t in our favor,” receiver Michael Wilson said. "Some games go like that. And then we didn’t execute enough to make up for the game sort of not going our way.” Arizona's still in decent playoff position, tied with the Seahawks on top of the NFC West with six games to play. But after all the good news and winning over the past month, Sunday's loss was humbling. “We’re going to learn a lot from this game,” Gannon said. Arizona's defense continued its remarkable midseason turnaround, giving the team every opportunity to win Sunday. The front seven doesn't have any stars, but continues to cobble together a respectable pass rush. The Cardinals finished with five sacks, all by different players. Second-year cornerback Garrett Williams intercepted a pass by Geno Smith on the first play of the fourth quarter, briefly giving the Cardinals some momentum as they tried to fight back. Williams — a third-round pick out of Syracuse in 2023 — is growing into a steady starting corner that the Cardinals have missed for years. “I thought that they hung in there and battled, forced a bunch of punts, kept points off the board,” Gannon said. “I thought the interception by Garrett was fantastic, kept us in the game there, kept points off the board. We made some mistakes. We made some mistakes, starting with me.” The Cardinals aren't going to win many games with a rushing performance like Sunday's. Conner, held to a season low in yards rushing, did have 41 yards receiving. Rookie Trey Benson had four carries for 18 yards, while Emari Demercado broke a 14-yard gain. Getting Conner going is key. Arizona has a 5-1 record this season when he has at least 100 total yards from scrimmage. Gannon said falling into an early hole affected some of the things the Cardinals could do, particularly in the second half. “I thought there was plays there, but again, where you get down in that game, you’re not really playing normal ball there for a good chunk of the game,” Gannon said. “So we’ve got to do a better job earlier in the game to make sure we’re not playing left-handed.” Fourth-year edge rusher Zaven Collins isn't necessarily the star fans hoped for when he was selected with the No. 16 overall pick in the 2021 draft, but he has quietly had a productive season leading the team's no-name front seven. Collins picked up his fourth sack of the season Sunday and put consistent pressure on Smith. Murray's still having a great season, but the quarterback's MVP credentials took a hit with Sunday's mediocre performance. He played pretty well at times, but the interception that turned into a pick-6 was a backbreaker. The sixth-year quarterback had largely avoided those types of plays this season, which is a big reason they're in the playoff hunt. “Can't give them seven points, especially when our defense is playing the way that they’re playing,” Murray said. “I feel like if I don’t do that, we’re in the game four quarters because that’s the way it was trending.” The Cardinals came out of Sunday's game fairly healthy. Gannon said starting safety Jalen Thompson (ankle) should be back at practice Wednesday. He missed the last two games. 12 and 133 — Tight end Trey McBride continued his breakout season with a career-high 12 catches for 133 yards. The Cardinals have another difficult road game against the Vikings (9-2) on Sunday. AP NFL: https://apnews.com/hub/nflMusk accuses Trump whistleblower Vindman of 'treason,' says 'he will pay'
ST.PAUL — Gov. Tim Walz, alongside the Minnesota Turkey Growers Association, presented Minnesota’s official Thanksgiving turkey on Tuesday, Nov. 26, in the Minnesota State Capitol reception room. The tom presented by Walz on Tuesday weighed in at 41.8 pounds. Paisley VonBerge, who has helped raise the bird since it was six weeks old, said the turkey will return back to her family’s farm in Hutchinson “to be enjoyed the way that turkeys are intended to be enjoyed.” ADVERTISEMENT President Joe Biden pardoned two Minnesota turkeys, Peach and Blossom, on Monday, Nov. 26, a contrast to Minnesota’s tradition of selecting a turkey to celebrate before it heads to the Thanksgiving dinner table. “We do it differently than in D.C. because here in Minnesota, we know turkeys are delicious, and we do not hide that fact, we celebrate that fact,” Walz said. During the presentation, Walz touted Minnesota’s turkey industry, which, with 600 farms, 40 million birds and 450 turkey farmers across the state, is number one in the nation, according to the Minnesota Turkey Growers Association (MTGA). MTGA President Jake Vlaminck said that the turkey industry in Minnesota has generated $16.5 billion for the state of Minnesota. Vlaminck said Minnesota’s rich industry is what allowed MTGA, alongside Walz, to donate $10,000 worth of turkey to Minnesota families ahead of Thanksgiving this year. “We delivered hundreds of turkeys last week to a long line of people waiting in the cold waiting for their Thanksgiving meal,” Second Harvest Heartland CEO Allison O’Toole said. “We could see the difference in their faces. It's moments like this that give Minnesota its reputation for a uniquely generous spirit.” Regarding the new administration of President-elect Donald Trump, his proposed tariff increases and their potential effect on some of Minnesota’s agriculture sectors like the turkey Industry, Walz said he will “watch those moves closely.” “Agriculture pays the heaviest price, states like Minnesota pay the heaviest price for that,” Walz said. “And I think at this time we're waiting to see what the forecast comes in.” ADVERTISEMENT Thom Peterson, Minnesota Department of Agriculture commissioner, said Mexico and Canada are some of Minnesota’s biggest markets and that 74% of Minnesota’s exports go to Mexico. Peterson said he and Gov. Walz are already beginning to have conversations with federal officials on how new trade agreements or tariffs could affect Minnesota. “When we were in D.C. yesterday with Peach and Blossom, we were honored to be joined by both Mexican and Canadian embassies,” Peterson said. “Trade is a lot of our [Minnesota’s] relationships. We're going to be active and engaged in that, those conversations. So we we do a lot of that ourselves, but we also have to partner with the federal government if they have a trade agreement.” After the formal presentation of the tom, Walz took a few off-turkey-topic questions — his longest stretch of answering questions from the press since returning from Minnesota. When asked if he regretted running with Vice President Kamala Harris, Walz said his only regret in life is not getting a dog sooner. “I'm proud to have been part of that. I think we put a message out that 75 million Americans liked, but not quite enough,” Walz said. “I was just glad to be out there, to be honest, glad to tell the Minnesota story, that we get things done together.” Walz said after coming home to a split legislature, he is hopeful leaders will be able to work things out and that he expects productivity from his partnered branch of government. ADVERTISEMENT “Look, we are in a split legislature like we were in 2019 and we got a lot done during that time, and it’s my expectation that we can do it, that we will compromise, we will continue to focus,” Walz said.Toronto, Nov 28 (AP) Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official has said. Trump has threatened to impose tariffs on products from Canada and Mexico if the countries don't stop what he called the flow of drugs and migrants across southern and northern borders. He said he would impose a 25 per cent tax on all products entering the US from Canada and Mexico as one of his first executive orders. A Canadian government official said on Wednesday that Canada is preparing for every eventuality and has started thinking about what items to target with tariffs in retaliation. The official stressed no decision has been made. The person spoke on condition of anonymity as they were not authorized to speak publicly. When Trump imposed higher tariffs during his first term in office, other countries responded with retaliatory tariffs of their own. Canada, for instance, announced billions of new duties in 2018 against the US in a tit-for-tat response to new taxes on Canadian steel and aluminium. Many of the US products were chosen for their political rather than economic impact. For example, Canada imports USD 3 million worth of yogurt from the US annually and most comes from one plant in Wisconsin, home state of then-House Speaker Paul Ryan. That product was hit with a 10 per cent duty. Another product on the list was whiskey, which comes from Tennessee and Kentucky, the latter of which is the home state of then-Republican Senate leader Mitch McConnell. Trump made the threat Monday while railing against an influx of illegal migrants, even though the numbers at Canadian border pale in comparison to the southern border. The US Border Patrol made 56,530 arrests at the Mexican border in October alone — and 23,721 arrests at the Canadian one between October 2023 and September 2024. Canadian officials say lumping Canada in with Mexico is unfair but say they are happy to work with the Trump administration to lower the numbers from Canada. The Canadians are also worried about influx north of migrants if Trump follows through with his plan for mass deportations. Trump also railed about fentanyl from Mexico and Canada, even though seizures from the Canadian border pale in comparison to the Mexican border. US customs agents seized 43 pounds of fentanyl at the Canadian border last fiscal year, compared with 21,100 pounds at the Mexican border. Canadian officials argue their country is not the problem and that tariffs will have severe implications for both countries. Canada is the top export destination for 36 US states. Nearly USD 3.6 billion Canadian (USD 2.7 billion) worth of goods and services cross the border each day. About 60 per cent of US crude oil imports are from Canada, and 85 per cent of US electricity imports are from Canada. Canada is also the largest foreign supplier of steel, aluminium and uranium to the US and has 34 critical minerals and metals that the Pentagon is eager for and investing in for national security. "Canada is essential to the United States' domestic energy supply," Deputy Prime Minister Chrystia Freeland said. Trump has pledged to cut American energy bills in half within 18 months, something that could be made harder if a 25 per cent premium is added to Canadian oil imports. In 2023, Canadian oil accounted for almost two-thirds of total US oil imports and about one-fifth of the US oil supply. Prime Minister Justin Trudeau is holding an emergency virtual meeting on Wednesday with the leaders of Canada's provinces, who want Trudeau to negotiate a bilateral trade deal with the United States that excludes Mexico. Mexican President Claudia Sheinbaum said Wednesday that her administration is already working up a list of possible retaliatory tariffs "if the situation comes to that". (AP) DIV DIV (This story has not been edited by THE WEEK and is auto-generated from PTI)
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A NEW unlikely friendship on I'm a Celebrity has been revealed - and it's likely Maura Higgins won't be happy. Tonight viewers saw GK Barry and Reverend Richard Coles grow closer, with them both confessing to being each other's favourite campmate. It's after late arrivals Rev Richard and Maura were dubbed the show's "best ever duo" during their time in Jungle Junkyard. The pair bonded as they lied through their teeth to convince the main camp they were living in squalor. They then brilliantly worked together to tackle six courses at the Terrifying Teddy Bear Picnic in a gruelling Bushtucker Trial. Ex-Love Islander Maura , 33, faced snacks including a goat’s testicle, cow teats and bull’s penis. READ MORE ON I'M A CELEBRITY Richard , 62, gagged on blended fermented herring as the ten other celebs watched and laughed. However, GK Barry and the TV personality couldn't help but open up to each other about their personal lives in camp. After their hilarious conversation, the Loose Women star reflected on her newfound friendship in the Bush Telegraph. GK remarked: "I came into this jungle, maybe not knowing who I would gel with or who I would be close with in here and never in a million years if you told me that I would be getting on best with a reverend would I have believed you. Most read in I’m A Celebrity 2024 "But, he is honestly... I think he might be my favourite person in here." It's clear viewers think they have found the next dynamic duo on the long-running ITV show. Writing on X - formerly known as Twitter - one fan wrote: "GK BARRY AND RICHARD IS THE DUO I NEVER KNEWI NEEDED!" Another excitedly stated: "Richard and GK Barry are an ITV Travel doc waiting to happen. Great TV." "GK Barry and Rev Richard need to have their own podcast. That whole conversation was brilliant," exclaimed a third. As a fourth viewer commented: "Obsessed with this gk barry and reverend richard duo." And a fifth added: "One of those ITV travel shows but it’s Reverend Richard Coles and GK Barry, please. Maybe they can go visit different iconic queer locations around the world. You’re welcome." I'm A Celebrity is back for its 24th series, with a batch of famous faces living in the Aussie jungle. The Sun's Jake Penkethman takes a look at the stars on the show this year.. Coleen Rooney - Arguably the most famous name in the camp, the leading WAG, known for her marriage to Wayne Rooney , has made a grand return to TV as she looks to put the Wagatha Christie scandal behind her. The Sun revealed the mum-of-four had bagged an eye-watering deal worth over £1.5million to be on the show this year making her the highest-paid contestant ever. Tulisa - The popstar and former X Factor judge has made her triumphant TV comeback by signing up to this year's I'm A Celeb after shunning TV shows for many years. Known for being a member of the trio, N-Dubz , Tulisa became a household name back in 2011 when she signed on to replace Cheryl on ITV show The X Factor in a multi-million pound deal. Alan Halsall - The actor, known for playing the long-running role of Tyrone Dobbs on ITV soap opera Coronation Street , was originally signed up to head Down Under last year but an operation threw his scheduled appearance off-course. Now he has become the latest Corrie star to win over both the viewers and his fellow celebrities. Melvin Odoom - The Radio DJ has become a regular face on TV screens after rising to fame with presenting roles on Kiss FM, BBC Radio 1 and 4Music. Melvin has already been for a spin on the Strictly dancefloor and co-hosted The Xtra Factor with Rochelle Humes in 2015 but now he is facing up to his biggest challenge yet - the Aussie jungle . GK Barry - The UK's biggest social media personality, GK, whose real name is Grace Keeling, has transformed her TikTok stardom into a lucrative career. Aside from her popular social media channels, she hosts the weekly podcast, Saving Grace, and regularly appears on ITV talk show, Loose Women . She has even gone on to endorse popular brands such as PrettyLittleThing, KFC and Ann Summers. Dean McCullough - A rising star amongst this year's bunch of celebs , Dean first achieved notability through his radio appearances on Gaydio and BBC Radio 1. He was chosen to join the BBC station permanently in 2021 and has featured prominently ever since. He has enjoyed a crossover to ITV over the past year thanks to his guest slots on Big Brother spin-off show, Late & Live. Oti Mabuse - The pro dancer has signed up to her latest TV show after making her way through the biggest programmes on the box. She originally found fame on Strictly Come Dancing but has since branched out into the world of TV judging with appearances on former BBC show The Greatest Dancer as well as her current role on ITV's Dancing On Ice . Danny Jones - The McFly star was drafted into the programme last minute as a replacement for Tommy Fury. Danny is the second member of McFly to enter the jungle , after Dougie Poynter won the show in 2011. He is also considered a rising star on ITV as he's now one of the mentors on their Saturday night talent show, The Voice , along with bandmate Tom Fletcher . Jane Moore - The Loose Women star and The Sun columnist is braving the creepy crawlies this year. The star is ready for a new challenge - having recently split from her husband . It will be Jane's first foray into reality TV with the telly favourite having always said no to reality shows in the past. Barry McGuigan - Former pro boxer Barry is the latest fighting champ to head Down Under following in the footsteps of Tony Bellew and Amir Khan . It comes after a tough few years for Irish star Barry, who lost his daughter Danika to bowel cancer . He told The Late Late Show in 2021: "She was such an intrinsic part of the family that every day we ache." Maura Higgins - The Irish TV beauty first found fame on Love Island where she found a brief connection with dancer Curtis Pritchard . Since then, she has competed on Dancing On Ice as well as hosting the Irish version of the beauty contest, Glow Up. Since last year, she has been working on building up her career in the US by being the social media correspondent and host of Aftersun to accompany Love Island USA. She even guest hosted an episode of the spin-off, Love Island Games, in place of Maya Jama last year. Rev. Richard Coles - Former BBC radio host the Rev Richard Coles is a late arrival on I’m A Celebrity , and he's ready to spill the beans on his former employer. The former Communards and Strictly star , said the BBC did not know its a**e from its elbow last year. An insider said: "Rev Coles will have a variety of tales to tell from his wild days as a pop star in the Eighties, through to performing on Strictly and his later life as a man of the cloth. I'm A Celebrity continues on ITV1 and is available to stream on ITVX .
KABUL: Top Russian security official Sergei Shoigu visited Afghan government officials on Monday, assuring them Moscow will soon remove the Taliban from its list of banned organizations, Kabul said. Since the Taliban surged back to power in 2021 visits by foreign officials have been infrequent because no nation has yet formally recognized the government of the former insurgent group. Taliban government curbs on women have made them pariahs in many Western nations but Kabul is making increasing diplomatic overtures to its regional neighbors, emphasising economic and security cooperation. Shoigu, the secretary of Russia’s Security Council, met an Afghan cohort in Kabul headed by Deputy Prime Minister for Economic Affairs Abdul Ghani Baradar. He “expressed Russia’s interest in increasing the level of bilateral cooperation with Afghanistan,” Baradar’s office said in a statement released on social media site X. “He also announced that, to expand political and economic relations between the two countries, the Islamic Emirate’s name would soon be removed from Russia’s blacklist.” The Islamic Emirate is the name the Taliban government uses to refer to itself. Russian news agencies quoted Shoigu as saying he wanted “constructive” ties with Kabul, without saying if he had floated Moscow removing the Taliban from its list of banned groups. “I confirm the readiness to build a constructive political dialogue between our countries, including in order to give momentum to the process of the internal Afghan settlement,” Shoigu said, according to the RIA Novosti news agency. He also said Russian companies plan to take part in projects in Afghanistan on extracting natural resources. Analysts say Moscow may be eying cooperation with Kabul to counter the threat from Islamic State Khorasan (IS-K) — the Afghan-based branch of the Sunni militant group. In March, more than 140 people were killed when IS-K gunmen attacked a Moscow concert hall. Taliban authorities have repeatedly said security is their top domestic priority and have pledged militants staging foreign attacks will be ousted from Afghanistan. “The Taliban certainly are our allies in the fight against terrorism,” Russia’s ambassador to Afghanistan, Dmitry Zhirnov, said in July. “They are working to eradicate terrorist cells.”