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LAS VEGAS — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. "As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It's an honor for General Motors and Cadillac to join the world's premier racing series, and we're committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM's engineering expertise and technology leadership at an entirely new level." The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media, the commercial rights holder of F1, would not approve the team initially started by Michael Andretti. Andretti in September stepped aside from leading his namesake organization, so the 11th team will be called Cadillac F1 and be run by new Andretti Global majority owners Dan Towriss and Mark Walter. The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season. People are also reading... Towriss is the the CEO and president of Group 1001 and entered motorsports via Andretti's IndyCar team when he signed on financial savings platform Gainbridge as a sponsor. Towriss is now a major part of the motorsports scene with ownership stakes in both Spire Motorsports' NASCAR team and Wayne Taylor Racing's sports car team. Walter is the chief executive of financial services firm Guggenheim Partners and the controlling owner of both the World Series champion Los Angeles Dodgers and Premier League club Chelsea. "We're excited to partner with General Motors in bringing a dynamic presence to Formula 1," Towriss said. "Together, we're assembling a world-class team that will embody American innovation and deliver unforgettable moments to race fans around the world." Mario Andretti, the 1978 F1 world champion, will have an ambassador role with Cadillac F1. But his son, Michael, will have no official position with the organization now that he has scaled back his involvement with Andretti Global. "The Cadillac F1 Team is made up of a strong group of people that have worked tirelessly to build an American works team," Michael Andretti posted on social media. "I'm very proud of the hard work they have put in and congratulate all involved on this momentous next step. I will be cheering for you!" The approval has been in works for weeks but was held until after last weekend's Las Vegas Grand Prix to not overshadow the showcase event of the Liberty Media portfolio. Max Verstappen won his fourth consecutive championship in Saturday night's race, the third and final stop in the United States for the top motorsports series in the world. Grid expansion in F1 is both infrequent and often unsuccessful. Four teams were granted entries in 2010 that should have pushed the grid to 13 teams and 26 cars for the first time since 1995. One team never made it to the grid and the other three had vanished by 2017. There is only one American team on the current F1 grid — owned by California businessman Gene Haas — but it is not particularly competitive and does not field American drivers. Andretti's dream was to field a truly American team with American drivers. The fight to add this team has been going on for three-plus years, and F1 initially denied the application despite approval from F1 sanctioning body FIA. The existing 10 teams, who have no voice in the matter, also largely opposed expansion because of the dilution in prize money and the billions of dollars they've already invested in the series. Andretti in 2020 tried and failed to buy the existing Sauber team. From there, he applied for grid expansion and partnered with GM, the top-selling manufacturer in the United States. The inclusion of GM was championed by the FIA and president Mohammed Ben Sulayem, who said Michael Andretti's application was the only one of seven applicants to meet all required criteria to expand F1's current grid. "General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners," Ben Sulayem said Monday. "I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application." Despite the FIA's acceptance of Andretti and General Motors from the start, F1 wasn't interested in Andretti — but did want GM. At one point, F1 asked GM to find another team to partner with besides Andretti. GM refused and F1 said it would revisit the Andretti application if and when Cadillac had an engine ready to compete. "Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024," F1 said in a statement. "Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the 11th team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process." Yet another major shift in the debate over grid expansion occurred earlier this month with the announced resignation of Liberty Media CEO Greg Maffei, who was largely believed to be one of the biggest opponents of the Andretti entry. "With Formula 1's continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport," Maffei said. "We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1." Be the first to know
Daily Post Nigeria NPFL: Heartland target win against Kwara United in Ilorin Home News Politics Metro Entertainment Sport Sport NPFL: Heartland target win against Kwara United in Ilorin Published on November 26, 2024 By Taiwo Adesanya Heartland are desperate to preserve their unbeaten run when they take on Kwara United in a matchday 14 fixture on Wednesday. The Naze Millionaires are on a five-game unbeaten run in the Nigeria Premier Football League, NPFL. Heartland expressed confidence in their ability to pick up maximum points from the game. “We are in Ilorin to harvest the three points. May God grant our hearts desires,” Heartland wrote on X. Heartland occupy 11th position on the NPFL log with 17 points. The encounter will start at 4 pm. Related Topics: heartland ilorin kwara united NPFL Don't Miss NNL: Ogun Government keen to select best players for Gateway United You may like NPFL: Katsina United coach Sadauki targets win against Abia Warriors NPFL: It’s time for Abia Warriors to end barren streak – Njoku NPFL: Amapakabo questions officiating in Abia Warriors loss to Rivers United NPFL: Idahosa gifts Bendel Insurance N1.5m for win over Kwara United NPFL: Abdallah reacts to Kano Pillars’ draw against Lobi Stars NPFL: Plateau United coach targets win against Akwa United Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd
GDP, durable goods orders, and jobless claims top Wednesday's economic calendarKunlavut Vitidsarn booked his berth in the men's singles quarter-finals of the US$1.15 million BWF China Masters 2024 in Shenzhen on Thursday. The Thai fifth seed defeated China's Wang Tzuwei 21-16, 21-17 in the last 16 of the World Tour Super 750 event. Kunlavut will play top seed Shi Yuqi of China in the last eight. Shi edged Chico Aura Dwi Wardoyo of Indonesia 22-24, 21-13, 21-18. Olympic silver medallist Kunlavut defeated Shi in the quarter-finals at the Paris Games. Kunlavut is chasing his second title of the year. The reigning world champion claimed his first title of 2024 at the Korea Masters earlier this month. On-song Thai women's singles star Pornpawee Chochuwong also tasted success on Thursday as she marched into the quarter-finals of the tournament. After a relatively slow start, Pornpawee completely dominated Lin Hsiang-ti of Taiwan in the second game of her last-16 encounter before claiming an easy 21-17, 21-9 victory. Pornpawee is in contention for a place in the lucrative World Tour Finals along with compatriot Supanida Katethong, who was to take on Malvika Bansod of India in the last-16 round later yesterday. Earlier, mixed doubles pair Supak Jomkoh and Supsiree Taerattanachai bowed out in the last 16 after losing to eighth seeds Yang Po-hsuan and Hu Ling-fang of Taiwan 23-21, 12-21, 18-21. Yang and Hu will play top seeds Feng Yanzhe and Huang Dongping in the last eight. The Chinese pair went straight into the quarter-finals after they received a walkover win over Sumeeth B Reddy and Sikki Reddy of India. Meanwhile, women's top seed An Se-Young of South Korea battled past Sung Shuo-yun of Taiwan 21-23, 21-12, 21-12. An will play Zhang Yiman of China in the quarter-finals. Zhang also needed three games to overcome Michelle Li of Canada on Thursday. Japan's rising star Tomoko Yamazaki rallied to beat Mia Blichfeldt of Denmark 17-21, 23-21, 21-10. She will next play Natsuki Nidaira of Japan or Anupama Upadhyaya of India in the last eight. In the men's singles event, top seed Viktor Axelsen of Denmark downed Weng Hongyang of China 21-16, 21-11 while sixth seed Jonatan Christie of Indonesia beat China's Lu Guangzu 21-8, 21-19.
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White House Christmas tree came from Helene-devastated tree farmPune, Nov 30 (IANS) : Veteran social crusader, Dr Babasaheb Pandurang Adhav (96), alias Baba Adhav broke his 3-day long hunger strike to oppose EVMs after a galaxy of political leaders including Sharad Pawar and Uddhav Thackeray plus others met him here on Saturday evening. The weary-looking Dr Baba Adhav, a medico-cum-labour leader, received Nationalist Congress (SP) President Sharad Pawar, his state President Jayant R. Patil, Shiv Sena (UBT) President Uddhav Thackeray, party MP Sanjay Raut, and later Nationalist Congress Party President Ajit A. Pawar also dropped in at the agitation venue. Around 5 p.m., Dr Baba Adhav bowed to appeals from his supporters and accepted a glass of water offered by Thackeray, symbolising the end of his hunger agitation amidst claps and cheers. “There have been huge discrepancies in the voter turnout figures declared by the ECI, kept changing, the vote-counting processes were allegedly manipulated to give undue advantage to the outgoing MahaYuti, and related aspects. The verdict is an assault on democracy,” said Dr Baba Adhav earlier, speaking to the media. Asserting that the people have a right to know where their votes have actually gone, the frail, but firm, nonagenarian pointed out how the MahaYuti regime doled out cash to women (‘Ladki Bahin’) scheme just before the elections and undermined the state’s delicate financial condition, as Sharad Pawar, 83, nodded in agreement. “The government wants a democracy that gives it a monopoly without any Opposition (party). Therefore it is the duty and responsibility of all citizens to thwart this, and take a firm stance,” urged Dr Baba Adhav. Speaking on the occasion, Thackeray said that “not only the losers like us (Maha Vikas Aghadi), but even the winners (MahaYuti) leaders are coming here”. “Nobody, neither the winners nor the losers believe in the outcome of the state Assembly elections. We are stunned over how we lost, they are shocked at how they won. The reason is clear. ‘Satyameve Jayate’ was killed, but now you (Dr Baba Adha) have revived it and we are fully with you,” said Thackeray. The Shiv Sena (UBT) President said this agitation was like a spark but it would ignite into a huge blaze, and lauded Dr Baba Adhav for carrying out the agitation at his advanced age and “inspiring all of us” to continue the fight. “We have also seen and heard how money power was brutally used in the polls... All have watched the videos of (Bharatiya Janata Party) leader Vinod Tawde (in Palghar, on November 19). We have seen the shower of schemes. But what the MahaYuti did was to give anaesthesia to all its projects to complete its ‘power operation’ quickly,” said Thackeray without mincing words. He also called upon the top leaders of the MVA parties NCP (SP)-Shiv Sena (UBT)-Congress to follow in Dr Baba Adhav’s footsteps, and carry forward the fight against EVMs, even as the Election Commission of India (ECI) invited a Congress delegation to discuss its grievances (December 3) on the state poll outcome. The Shiv Sena (UBT) chief rued how the information on elections is not available under RTI, how people’s rights are being flouted, while the EVM-VVPAT receipt is visible, counting of the same is not allowed, thus preventing the people and candidates from knowing whether their vote got registered properly or not, leading to many doubts. Taking potshots at the MahaYuti for the huge delay in government formation, Thackeray said that after getting a brute majority, “instead of going to Raj Bhavan (for the oath), the caretaker CM has gone to his farmland,” and wondered what had gone wrong. “When the MVA government was due to be formed (in November 2019), the President’s rule was imposed... Now, (2024), the term of the legislature has expired, so why is the same not being done now? No one will answer these questions...There is complete uncertainty on the new regime, who could be the CM, ministers, portfolios, etc,” said Thackeray.Michigan upsets No. 2 Ohio State 13-10
The world’s oldest known wild bird has sparked “special joy” among scientists after she laid an egg – her first in four years – at the age of 74. Wisdom, a Laysan albatross, was spotted with the egg and a new partner last week at Midway Atoll National Wildlife Refuge, an island sanctuary located on the far northern end of the Hawaiian archipelago. “She did it again!” the U.S. Fish & Wildlife Service (USFWS) for the Pacific Region exclaimed on social media platform X. Jon Plissner, supervisory wildlife biologist at Wildlife Refuge, said he and his team were “optimistic that the egg will hatch” and that Wisdom would be fit enough to raise another chick. “A special joy,” he called Wisdom’s achievement. A video posted on USFWS’ Facebook page showed Wisdom rubbing her head against her new partner before he sat down to incubate the egg. Biologists spotted Wisdom at Midway Atoll in 2001 with a red band around her leg that they later discovered was placed there by the late renowned ornithologist Chandler Robbins in 1956. USFWS estimates that the bird has produced up to 60 eggs and mothered as many as 30 chicks in her lifetime. For decades, she returned to the island with the same partner, Akeakamai, but he has not been seen since at least 2021. Experts tagged her new mate last week after spotting them together. Laysan albatrosses live between 12 and 40 years. Many die after mistakenly swallowing colorful plastic, which they think is food in the sea. Wisdom has intrigued biologists who are desperate to find out how she manages to live such a long life and still have babies. Each year, millions of albatrosses return to Midway Atoll to nest and raise their young, according to USFWS. The mating season is between October and November, and the species often spends a little more than half of the year at the refuge, incubating and raising their chick. During that time, they fly thousands of miles across the ocean for food to get back to their babies. With Laysan albatrosses flying up to 50,000 miles per year as an adult, Wisdom would have flown multiple round trips to the moon by her age, according to USFWS.
Shettima Commends Moniepoint, Restates Commitment To Financial InclusionAdvisors Asset Management Inc. reduced its position in monday.com Ltd. ( NASDAQ:MNDY – Free Report ) by 17.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 515 shares of the company’s stock after selling 111 shares during the period. Advisors Asset Management Inc.’s holdings in monday.com were worth $143,000 as of its most recent SEC filing. Other institutional investors have also modified their holdings of the company. Mercer Global Advisors Inc. ADV lifted its position in monday.com by 4.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 1,124 shares of the company’s stock valued at $271,000 after buying an additional 47 shares in the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of monday.com by 4.0% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 1,303 shares of the company’s stock valued at $314,000 after acquiring an additional 50 shares in the last quarter. Avior Wealth Management LLC boosted its position in monday.com by 2.6% during the 3rd quarter. Avior Wealth Management LLC now owns 2,611 shares of the company’s stock worth $725,000 after purchasing an additional 67 shares during the period. FDx Advisors Inc. increased its holdings in monday.com by 4.7% in the 2nd quarter. FDx Advisors Inc. now owns 2,000 shares of the company’s stock valued at $482,000 after purchasing an additional 90 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its position in monday.com by 4.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,065 shares of the company’s stock valued at $497,000 after purchasing an additional 91 shares during the period. Hedge funds and other institutional investors own 73.70% of the company’s stock. Analyst Ratings Changes Several equities research analysts have recently weighed in on the company. Oppenheimer upped their target price on monday.com from $275.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Citigroup increased their price objective on shares of monday.com from $296.00 to $327.00 and gave the company a “neutral” rating in a research report on Wednesday, September 25th. Barclays boosted their target price on shares of monday.com from $300.00 to $325.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 1st. The Goldman Sachs Group raised their price target on shares of monday.com from $300.00 to $340.00 and gave the company a “buy” rating in a report on Tuesday, August 13th. Finally, Needham & Company LLC boosted their price objective on shares of monday.com from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Five research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $310.81. monday.com Price Performance monday.com stock opened at $285.36 on Friday. monday.com Ltd. has a 12 month low of $170.00 and a 12 month high of $324.99. The company has a fifty day moving average price of $284.25 and a two-hundred day moving average price of $253.77. The company has a market cap of $13.78 billion, a PE ratio of 696.00, a P/E/G ratio of 8.00 and a beta of 1.31. monday.com ( NASDAQ:MNDY – Get Free Report ) last posted its quarterly earnings results on Monday, November 11th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.61 by $0.24. The business had revenue of $251.00 million during the quarter, compared to analyst estimates of $246.17 million. monday.com had a net margin of 2.39% and a return on equity of 4.99%. The company’s quarterly revenue was up 49.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.15 EPS. Equities research analysts anticipate that monday.com Ltd. will post 0.85 earnings per share for the current year. monday.com Profile ( Free Report ) monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools. Featured Stories Five stocks we like better than monday.com About the Markup Calculator The Latest 13F Filings Are In: See Where Big Money Is Flowing 3 Natural Gas Stocks That Offer Great Dividend Yields 3 Penny Stocks Ready to Break Out in 2025 Where to Find Earnings Call Transcripts FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for monday.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for monday.com and related companies with MarketBeat.com's FREE daily email newsletter .
Enphase Energy, Inc. ( NASDAQ:ENPH – Free Report ) – Equities researchers at Northland Capmk raised their Q3 2025 EPS estimates for Enphase Energy in a research note issued to investors on Tuesday, November 19th. Northland Capmk analyst G. Richard now expects that the semiconductor company will earn $0.74 per share for the quarter, up from their previous estimate of $0.63. The consensus estimate for Enphase Energy’s current full-year earnings is $0.91 per share. Several other analysts have also commented on the company. Northland Securities dropped their price objective on Enphase Energy from $110.00 to $90.00 and set an “outperform” rating on the stock in a report on Tuesday. Piper Sandler dropped their target price on shares of Enphase Energy from $85.00 to $70.00 and set a “neutral” rating for the company in a report on Friday. Hsbc Global Res downgraded shares of Enphase Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 8th. Roth Mkm dropped their price objective on shares of Enphase Energy from $130.00 to $100.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Finally, StockNews.com raised shares of Enphase Energy from a “sell” rating to a “hold” rating in a research note on Thursday, October 24th. Four analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, Enphase Energy currently has an average rating of “Hold” and an average target price of $101.13. Enphase Energy Price Performance NASDAQ:ENPH opened at $66.29 on Thursday. The stock has a market capitalization of $8.96 billion, a PE ratio of 150.66, a price-to-earnings-growth ratio of 18.81 and a beta of 1.77. Enphase Energy has a 52 week low of $58.33 and a 52 week high of $141.63. The company has a quick ratio of 3.88, a current ratio of 4.16 and a debt-to-equity ratio of 1.29. The stock’s 50-day moving average price is $91.80 and its 200-day moving average price is $106.49. Enphase Energy ( NASDAQ:ENPH – Get Free Report ) last posted its earnings results on Tuesday, October 22nd. The semiconductor company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.12). The firm had revenue of $380.90 million for the quarter, compared to analysts’ expectations of $392.51 million. Enphase Energy had a net margin of 4.91% and a return on equity of 10.56%. Enphase Energy’s revenue for the quarter was down 30.9% compared to the same quarter last year. During the same period last year, the firm earned $0.84 earnings per share. Institutional Trading of Enphase Energy Several hedge funds have recently made changes to their positions in ENPH. Avior Wealth Management LLC grew its holdings in shares of Enphase Energy by 6,975.0% in the third quarter. Avior Wealth Management LLC now owns 283 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 279 shares in the last quarter. UMB Bank n.a. boosted its position in Enphase Energy by 784.8% in the 3rd quarter. UMB Bank n.a. now owns 292 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 259 shares during the period. nVerses Capital LLC acquired a new position in shares of Enphase Energy in the third quarter worth $34,000. Stone House Investment Management LLC purchased a new stake in shares of Enphase Energy during the third quarter worth $34,000. Finally, Quarry LP acquired a new stake in shares of Enphase Energy in the third quarter valued at $37,000. Institutional investors and hedge funds own 72.12% of the company’s stock. Enphase Energy Company Profile ( Get Free Report ) Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. Recommended Stories Receive News & Ratings for Enphase Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enphase Energy and related companies with MarketBeat.com's FREE daily email newsletter .NoneDuke's Diaz: QB Murphy faces internal discipline for raising middle fingers in Virginia Tech win
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PEMBROKE, Bermuda--(BUSINESS WIRE)--Nov 25, 2024-- Hamilton Re, the Bermuda-based insurance and reinsurance underwriting platform of Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”), today announced its expansion into Credit, Bond and Political Risk Reinsurance with the appointment of Sergio Lottimore to the role of Vice President, Credit, Bond and Political Risk Reinsurance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125313447/en/ Sergio Lottimore, Vice President, Credit, Bond and Political Risk Reinsurance, Hamilton Re. (Photo: Business Wire) Based in Bermuda, Lottimore will report to Peter Riihiluoma, Senior Vice President and Head of Specialty Reinsurance at Hamilton Re. Hamilton Re offers a wide breadth of reinsurance solutions across multiple Property, Casualty and Specialty lines of business to meet the demands of its clients worldwide. The new Credit, Bond and Political Risk Reinsurance offerings will be incorporated within the Specialty Reinsurance portfolio, and further expands our offerings to clients. “Our expansion into Credit, Bond and Political Risk Reinsurance marks a significant milestone for Hamilton Re in its commitment to building a globally diversified reinsurance offering,” said Hamilton Re CEO Megan Graves. “This exciting development is bolstered by Hamilton’s AM Best financial strength rating upgrade to “A” (excellent) announced earlier this year. “I’m delighted to welcome Sergio to Hamilton. He brings dedicated expertise and experience in Mortgage, Trade Credit, Surety, Political Risks and Structured Credit lines to our already strong Specialty Reinsurance team.” Lottimore has 18 years of specialty and financial lines market experience. He joins Hamilton from Validus Re where he was Vice President, Credit Lines Underwriter for three years. Prior to that, he spent 15 years in roles of continuous progression at MS Amlin. About Hamilton Insurance Group, Ltd. Hamilton is a Bermuda-headquartered specialty insurance and reinsurance company that underwrites risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. For more about our company, visit www.hamiltongroup.com or find us on LinkedIn at Hamilton View source version on businesswire.com : https://www.businesswire.com/news/home/20241125313447/en/ CONTACT: Media contact Kelly Corday Ferris kelly.ferris@hamiltongroup.comInvestor contacts Jon Levenson and Darian Niforatos investor.relations@hamiltongroup.com KEYWORD: CARIBBEAN UNITED STATES BERMUDA NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE FINANCE SOURCE: Hamilton Insurance Group, Ltd. Copyright Business Wire 2024. PUB: 11/25/2024 04:15 PM/DISC: 11/25/2024 04:16 PM http://www.businesswire.com/news/home/20241125313447/en
Lab confirms seized DAP of poor quality, says agriculture ministerLabour plans to make spiking a specific offence and has laid out plans for venue staff to be trained in relation to spiking, with a pilot to begin within weeks before a wider rollout next year. Ms Davies-Jones, asked about why it was worthwhile to make spiking a new offence when it is already illegal, said: “Spiking is a crime already. “A lot of people don’t realise that it is a crime already, which is part of the problem.” She said there were around 6,000 reports of spiking last year but that because it is an underreported crime, it is not clear how big of a problem it is. 'Legislation won't fix this on its own...this is about a culture shift' challenges Minister for Victims on the govt plan to change the spiking law even though it is already a criminal offence. 📺 Sky 501 — Politics Hub with Sophy Ridge (@SkyPoliticsHub) “Part of the problem we’ve got is around the data collection, so you don’t know if you’ve been spiked with a drink, a needle, a vape, for example,” she told Politics Hub on Sky News. Modernising the offence and giving police the tools to get accurate data allows a clearer picture of where, how and how often spiking is happening, she said. It is about “clarifying it, modernising it, making sure that people know exactly what this is...the law isn’t quite, it isn’t up to date. “It isn’t modern enough.” Sir Keir Starmer earlier said he hopes the change will give people “the confidence to come forward”, in a meeting of police bosses, transport figures and hospitality executives in Downing Street. Spiking will be made a criminal offence. My government was elected to take back our streets, central to this mission is making sure women and girls can feel safe at night. Perpetrators of spiking will feel the full force of the law. — Keir Starmer (@Keir_Starmer) Ms Davies-Jones and Home Secretary Yvette Cooper were among the attendees at the round-table discussion on Monday morning. Labour pledged in its manifesto to introduce a new offence for spiking, but there was no detail in the King’s Speech this year about a specific crime, though it promised to ensure an improved police response to cases. According to information published by the Metropolitan Police, spiking offences are currently covered by more than one law, but most come under the Offences Against the Person Act 1861. Sir Keir told the meeting: “There are a number of measures that we are setting out this morning – we want to talk it through with you. “The first is to make spiking a specific offence so that it counts, it’s reported.” He said that such a measure would mean that it “enables everybody to have the confidence to come forward” and also “it allows perpetrators to know that it’s a specific offence”. Detailing the training scheme, he went on: “We’re beginning the piloting of training for staff in venues.” He said the scheme would be “partly to spot what’s happening, but also to know what to do in the event that there is an incident in a venue”. “That will start in December with a pilot then it will be rolled out from March of next year,” Sir Keir added. He also said that the “final” point of discussion for the morning was “police indexing – (the) way that we count it across different police forces”. Sir Keir added: “At the moment it’s quite hard to get your arms around the pure numbers.” Plain clothes officers are being deployed in areas around bars and clubs to spot predatory behaviour. The text-to-report number, 61016, that allows women to contact British Transport Police to report harassment on the train, is due to be relaunched. Home Secretary Yvette Cooper said: “Spiking is a disturbing and serious crime which can have a damaging and long-lasting impact on victims. “That’s why today we are taking decisive action to prevent this devastating crime and to crack down on perpetrators, by introducing a new criminal offence for spiking and launching specialist training for thousands of bar staff nationwide. “People shouldn’t have to worry about the safety of their drinks on a night out. “These changes are about giving victims greater confidence to come forward, and ensuring that there is a robust response from the police whenever these appalling crimes take place.”After attempt to throw liquid at Arvind Kejriwal, BJP and AAP blame each other, accused identified as a bus marshal
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