Oleksandr Syrskyi, Commander-in-Chief of the Armed Forces of Ukraine, has visited the front line and held working meetings on the Pokrovsk and Kurakhove fronts in Donetsk Oblast. Source : Syrskyi on Telegram Details : Reportedly, the purpose of the trip was to communicate personally with commanders, solve problems, and provide comprehensive assistance. Quote from Syrskyi : "They demonstrate innovative and technological superiority over the enemy on the battlefield. Their skills in defending Ukraine are recognised both by the citizens of our country and internationally by our partners and allies. I awarded the servicemen of the 414th Separate Unmanned Attack Aerial Systems Regiment also known as Madyar’s Birds [named after its founder and commander, Robert "Madyar" Brovdi – ed.]. I am convinced that the soldiers of Madyar’s Birds will continue to apply innovative approaches and share best practices with other Ukrainian soldiers in order to defeat Russian occupiers!" Support UP or become our patron !The Ukrainian president said the use of a ballistic missile to hit Dnipro was a “clear and severe escalation in the scale and brutality of this war” and he warned that Russian president Mr Putin would attack or destabilise other countries unless stopped. Mr Putin said the use of the new weapon was in response to the UK and US allowing missiles they have supplied to Ukraine to be used to strike targets in Russia. “In response to the use of American and British long-range weapons on November 21 of this year, the Russian armed forces launched a combined strike on one of the facilities of the Ukrainian defence industry,” Mr Putin said in a televised address. “One of the newest Russian medium-range missile systems was tested in combat conditions, in this case, with a ballistic missile in a non-nuclear hypersonic warhead.” He added: “We consider ourselves entitled to use our weapons against military facilities of those countries that allow their weapons to be used against our facilities.” But Mr Zelensky urged world leaders – his “dear partners” – not to be cowed by Mr Putin’s actions otherwise there will be “endless Russian strikes” and “not just against Ukraine”. Today, Putin admitted to taking a second step this year toward escalating and expanding this war. A new ballistic missile was used. Putin struck our city of Dnipro, one of Ukraine’s largest cities. This is a clear and severe escalation in the scale and brutality of this war—a... — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) November 21, 2024 “A lack of tough reactions to Russia’s actions sends a message that such behavior is acceptable,” the Ukrainian president said on X, formerly Twitter. “This is what Putin is doing. Putin must feel the cost of his deranged ambitions. “Response is needed. Pressure is needed. Russia must be forced into real peace, which can only be achieved through strength. “Otherwise, there will be endless Russian strikes, threats, and destabilisation-not just against Ukraine.” The UK is believed to have allowed its Storm Shadow missiles to be used by Ukrainian forces within the Kursk region of Russia, while the US has given permission for its ATACMS weapons to be fired at targets in Mr Putin’s country. Mr Putin confirmed Russia has tested the new intermediate-range weapon in an attack on Dnipro in response. The US said the weapon was a new, experimental intermediate-range missile based on Russia’s existing RS-26 Rubezh intercontinental ballistic missile. In Westminster, the Prime Minister’s official spokesman said: “My understanding is that it is the first time that Russia has used a ballistic missile in Ukraine with a range of several thousand kilometres.” Defence Secretary John Healey said it was “yet another example of Putin’s recklessness”. He said: “Since the illegal invasion of Ukraine began, Russia has consistently and irresponsibly escalated the conflict while Ukraine continues to fight in self-defence for a democratic future.” The missile’s range far outstrips that of newly authorised US and British-supplied weapons, which can hit targets around 250-300km away. The distance from Moscow to London is around 2,500km, suggesting the range of the new missile could threaten the UK. Mr Healey said the UK knew Russia had been “preparing for months” to fire a new ballistic missile. Downing Street and the Ministry of Defence have repeatedly declined to comment publicly on Ukraine’s use of Storm Shadow. “It risks both operational security and in the end the only one that benefits from such a public debate is President Putin,” Mr Healey told MPs. I had a meeting with the UK delegation led by Chief of the Defence Staff @AdmTonyRadakin_ . We discussed defense cooperation between Ukraine and the United Kingdom, focusing on developing and enhancing the technological capabilities of the Armed Forces of Ukraine. Particular... pic.twitter.com/EcjqfTuR49 — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) November 21, 2024 The head of the UK’s armed forces, Chief of the Defence Staff Admiral Sir Tony Radakin, met Mr Zelensky in Kyiv to discuss the war on Thursday. Mr Zelensky said: “We discussed defence co-operation between Ukraine and the United Kingdom, focusing on developing and enhancing the technological capabilities of the armed forces of Ukraine. “Particular attention was given to Ukraine’s current military needs and the continued support from our partners.”Worried About Identity Theft? Locking your Social Security Number May Help
Rising sales of Chinese-made inferior quality power banks is pushing the government to initiate steps to stem such imports that can distort competition while deceiving consumers on safety and performance benchmarks. Actual capacities of such power banks are 50-60% less than claimed. Consequently, a newly-bought power bank which is supposed to charge a mobile phone at least twice sometimes dies after charging just once. Indian sellers are procuring these substandard lithium-ion cells at far lesser than market rates from Chinese suppliers to price out competition and gain market share. Earlier this month, the Bureau of Indian Standards (BIS) cancelled registrations of two Chinese suppliers--Guangdong Cvasun New Energy Technology Co, and Ganzhou Novel Battery Technology Co - which together accounted for more than half of cell supplies to India. Another supplier, Ganzhou TaoYuan New Energy Co Ltd is currently under the BIS radar, industry executives said. The three companies couldn't be reached for comment. 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For instance, agencies found power banks with 10,000 milliampere-hour (mAh) batteries only had a capacity of 4000-5000 mAh. "Sub-standard lithium cells meant to be used in power banks are coming into the market, simply because that market is still unregulated," an executive from the lithium-ion cell industry told ET. "For mobile phones and other consumer electronics, the supply chain is far more careful in procuring the right products, but when it comes to power banks, consumers do not usually check how they are performing. BIS has standards for safety, but not performance," the person said. The executive said Chinese suppliers have been working around BIS standards by retaining physical dimensions of the cell but packing lesser capacity than the order quantity, bringing down the cost of materials. "They were sending a few golden samples to BIS which would meet all the standards, receiving a trademark, for say, 10,000mAh. But eventually, they would use the same BIS trademark and ship substandard cells with lesser capacities to brands in India," the executive said. "The price difference in this case would be at least 25%," he said. The executive added that India imports 1.5-2 million units of lithium-ion cells every month from China for use in power banks, as local production of this component is still at a nascent stage. While a typical 10,000mAh cell would cost around ₹200-250, the banned suppliers were selling them at ₹150 apiece. Lower import prices reflected in the price of power banks sold by generic brands in India. While a 10,000 mAh power bank from established brands is priced over Rs 10,000, there are many priced at less than Rs 600 for the same advertised capacity, a search on ecommerce platforms revealed. With the government action to address the market distortion, the industry expects power bank prices to rise slightly. "The making cost of a power bank including the cell, battery pack, enclosure and the PCB is far higher than what these companies are selling them at. We can expect these prices to now go up and stabilise at around Rs 1,000," said an executive at a power bank maker. The Cellular and Electronics Association (ICEA) has issued an advisory warning power bank manufacturers to stop procuring low-quality lithium-ion cells that fail to meet safety and performance standards. "Businesses using cells from these banned entities risk automatic non-compliance violation under the BIS Act, 2016, which could lead to regulatory action, financial penalties, and even imprisonment for key personnel," ICEA said, calling for companies to audit their supply chain while transitioning to BIS-compliant alternatives. The findings surfaced after domestic cell manufacturers started raising concerns to the government of being priced out by Chinese firms. "India is rapidly creating capacity for lithium cells. Currently, one factory in South India has a capacity to make 600,000 units per month. There's another large facility coming up in Haryana that would supply mobile phone brands. Yet, so far, they have been sitting dry, unable to compete with Chinese suppliers because of the price difference," said the executive cited above. He added that brands have started procuring locally from October after BIS cancelled registrations of the two Chinese suppliers. Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )HAL BRADY: Welcome New Year 2025
Ant McPartlin's ex Lisa Armstrong shares sweet baby newsConfirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses MONROE TOWNSHIP, N.J., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for the second quarter ended October 31, 2024 (Q2FY25). Q2FY25 Financial Highlights Strategic partnerships continue to expand our market presence: The Company reaffirms its previously issued guidance that it believes it will reach profitability (excluding unanticipated extraordinary expenses) during the fourth quarter of calendar 2025. Performance to date reflects strong demand for products, effective cost management, and progress on our strategic initiatives. Recent achievements, including previously announced partnerships, operational milestones, successful exercises and continued customer deliveries, evidence the Company's trajectory toward achieving this stated objective. On August 12, 2024, Paragon Technologies announced via press release that its Board of Directors had resolved to terminate its shareholder campaign and all related activities targeting OPT and had terminated Hesham M. Gad as Chairman and CEO. Furthermore, on December 5, 2024, Paragon disclosed that its Audit Committee engaged legal counsel from Holland & Knight LLP to conduct an independent investigation into the conduct of Mr. Gad. These developments validate our position that the dissident shareholder campaign lacked merit. With this matter resolved, OPT can now fully focus on advancing its mission and delivering sustainable, long-term value for all shareholders. Philipp Stratmann, OPT's CEO and President, stated "I'm incredibly proud of the progress we've made this quarter. Our strategic emphasis on national security, critical infrastructure, and international market expansion continues to deliver results. This reflects not just broader macro-economic trends but our ability to penetrate diverse markets and execute for new customers. We're successfully solving problems for our customers and thus capturing a market versus creating a market while converting our expanding pipeline into revenue, driven by increasing domestic and international demand. Our ability to scale and deliver on large contracts positions us for sustained growth, and we're confident in our ability to capitalize and build on this momentum. We deliver science, not fiction. FINANCIAL HIGHLIGHTS Income Statement: A conference call to discuss OPT's financial results will be held on Tuesday December 17, 2024 at 9:00 AM EDT. Philipp Stratmann, CEO, and Bob Powers, CFO will host the call. In an effort to increase relations with institutional investors, OPT management has dedicated time to hosting individual meetings with portfolio managers and analysts. If you are interested in scheduling a meeting with OPT management, please contact: OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services. The Company's headquarters is in Monroe Township, New Jersey, with an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com . FORWARD-LOOKING STATEMENTS This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release or to provide further interim updates in the future. Consolidated Balance Sheets (in $000's, except share data) 2024 2024 Consolidated Statements of Operations (in $000's, except per share data) October 31, October 31,Annapolis RB Tyler Womack, Spalding QB Malik Washington share 2024 Rhodes Trophy
Citigroup Inc. Purchases 70,905 Shares of TC Energy Co. (NYSE:TRP)New Orleans Saints interim coach Darren Rizzi reacts after a play during the first half against the Cleveland Browns in New Orleans on Sunday, Nov. 17, 2024. (Staff photo by Brett Duke, The Times-Picayune) STAFF PHOTO BY BRETT DUKE New Orleans Saints interim head coach Darren Rizzi signals a missed Los Angeles Rams catch during the first half of the game at the Caesars Superdome in New Orleans, Sunday, Dec. 1, 2024. (Staff photo by David Grunfeld, The Times-Picayune | NOLA.com ) STAFF PHOTO BY DAVID GRUNFELD Facebook Twitter WhatsApp SMS Email Print Copy article link Save Darren Rizzi was back home in his home state of New Jersey Sunday and he brought his trademark passion for the profession with him. The New Orleans Saints interim head coach was seen passionately screaming in the face of punter Matthew Hayball in the second quarter. As the Fox broadcast camera crew cut to the coach lecturing the special teams player, New Orleans veteran Alvin Kamara stepped up to create some distance between the two. The encounter happened after the Giants returned a punt for a touchdown, but officials on the field called the play back on a holding call. Rizzi threw his hat to the ground and was dramatically gesturing as he yelled at Hayball. Hayball's punt wasn't his best, but it wasn't immediately clear what the coach was angry about. Rizzi was promoted from special teams coach to interim coach last month, and it's clear that he cares about attention to detail when it comes to the special teams unit. If you can't see the video below, CLICK HERE. #Saints interim coach Darren Rizzi is BIG MAD yelling at rookie punter Matthew Hayball. 😬 pic.twitter.com/ZJHSNa18iW Video of Rizzi's reaction quickly made the rounds on social media. Before the game, Rizzi's family came on the field and took a picture with the coach who has been placed in the NFL lead role for the first time in his career. The opportunity to be the head coach in an NFL game in New Jesey was a dream of his, according to the broadcast.