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On Tuesday, profound sorrow swept through the film industry as Andhra Pradesh Governor S Abdul Nazeer and Chief Minister N Chandrababu Naidu mourned the loss of iconic filmmaker Shyam Benegal. Known for his groundbreaking contributions to art house cinema, Benegal passed away in Mumbai shortly after celebrating his 90th birthday. Chief Minister Naidu praised Benegal for his storytelling prowess and socio-political narratives that vastly influenced the trajectory of Indian cinema. He emphasized that Benegal's legacy will continue to inspire future generations of filmmakers, extending heartfelt condolences to his family. Governor Nazeer echoed these sentiments, highlighting Benegal's pivotal role in establishing parallel cinema in India. With numerous acclaimed films to his name and accolades such as the Padma Bhushan and Dadasaheb Phalke awards, Benegal's impact remains enduring. The Governor expressed his deep sympathies to the bereaved family. (With inputs from agencies.)
Seatrium Limited ( OTCMKTS:SMBMF – Get Free Report ) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 2,633,900 shares, a decrease of 43.5% from the November 30th total of 4,658,200 shares. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 560.4 days. Seatrium Stock Performance Shares of SMBMF stock opened at $1.34 on Friday. Seatrium has a fifty-two week low of $0.90 and a fifty-two week high of $2.00. The business has a fifty day simple moving average of $1.48 and a 200-day simple moving average of $1.31. About Seatrium ( Get Free Report ) Further Reading Receive News & Ratings for Seatrium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seatrium and related companies with MarketBeat.com's FREE daily email newsletter .
Join community events to boost peer bonds, Miri Hakka assoc advises elderly
Tiang, flanked by Lau (front, second left) and Wong, joins (front, from left) William, Yiing, Ting, Kiew and others in a group photo. SIBU (Dec 30): Kevin Lau hopes all youth members of Sarawak United People’s Party (SUPP) would emulate the good principles and practices upheld by the party’s leaders. The SUPP Youth Central chairman and SUPP Bawang Assan chief says the leaders have never stopped serving the community in the wake of challenges. “I was first involved in politics and the election more than 10 years ago, during the general election of 2013. “At that time, I was fortunate to meet many leaders in SUPP and personally witnessed how they, despite facing many difficulties, never stopped serving the community. “We may not be at the frontline but we will continue on assisting our party leaders to carry on many good things for the party, and also for Sarawak,” he said at SUPP Youth Dudong’s 10th anniversary celebration at a restaurant here yesterday. Deputy Minister for Public Health, Housing and Local Government Datuk Michael Tiang represented SUPP president, Deputy Premier Datuk Amar Dr Sim Kui Hian, at the function. Meanwhile, SUPP Youth Dudong chairman Councillor Yiing Sy Huat, in his remarks, described yesterday’s event as not only a tribute to the branch’s achievements over the past 10 years, but also as ‘a prelude to a new chapter’. “Youths are the hope of society, and unity is our greatest strength. Let us march forward together toward a brighter future, contributing to the prosperity and development of the Dudong community, and Sarawak as a whole.” In his opening remarks, organising chairman Dexter Kiew expressed hope for every member of the branch’s Youth wing to actively engage in social activities, attend to community needs, and become a driving force for change. Among those present were SUPP Dudong chairman Wong Ching Yong and advisor Datuk Dr Soon Choon Teck, SUPP Pelawan chairman and Sibu Municipal Council SMC chairman, Clarence Ting, and a political secretary to the Sarawak Premier, William Anut.
The former Manchester Labour MP Andrew Bennett, who has died aged 85, devoted most of his adult life to public service, as a school teacher and a councillor, before then spending 31 years in the House of Commons. He always put the pursuit of the political results he sought before any sort of personal recognition. A man of high principle, he believed in civil liberties, human rights and equal opportunities, and attempted to translate those beliefs in a way that improved other people’s lives. He cared about the day-to-day issues of his constituents and would draw attention to the importance of allotments and parks and cemeteries in consideration of urban planning. He is also due some credit for Manchester’s orbital M60 motorway, created by joining existing motorways to form a city circuit, which he opened when the final section was completed in 2000. A Westminster colleague commented on a parliamentary website that his life was “a tribute to the idea that you could achieve much if you don’t want the credit”. He was a quiet but persistent politician and personally consistent in standing up for his own strongly held convictions. Besides politics his great passion was hill-walking. When walking alone he would practise the perfect speech (which he admitted he never delivered) and he once made an actual speech, shouting into the storm, from a windy hilltop in the Peak District named Ward’s Piece, when marking the centenary of the eponymous pioneer politician GHB “Bert” Ward (1876-1957), a member of the Labour Representation Committee who campaigned for walkers’ rights. Bennett campaigned for the right to roam legislation, and was elected president of the Ramblers’ Association in 1988 and made an honorary life member in 1989. When Labour conferences were held in Blackpool he would encourage colleagues to escape the jamboree for a ramble. He was on the left wing of the Labour party, for which he first campaigned in 1945 with his parents and younger sister, Bronwen, and it was probably his destiny, rather than misfortune, not to become a minister. He was an education spokesman under the leadership of Neil Kinnock for five years from 1983, but left the frontbench after the party renounced unilateral disarmament. For the greater part of his political career Labour was in opposition at Westminster and by the time Tony Blair was elected in 1997 it was evident that Bennett was too much his own man to toe any government line. Besides politics his great passion was hill-walking. When alone he would practise the perfect speech (which he admitted he never delivered) By then he had perfected his skills as a parliamentary tactician. He had put in time on seemingly dull bodies – as a member of the liaison committee and then chair of the statutory instruments select committee – and understood Commons procedure sufficiently to be able to use it for political advantage. His political passions were education and the environment, and having chaired the environment select committee from 1994, when Labour took office three years later he assumed the powerful post of jointly chairing the massive select committee on environment, transport, local government and the regions. His expertise was such that he was able to use critical select committee reports as an effective means of pursuing policy issues in the respective government departments. He was an assiduous parliamentarian who worked hard and was never a familiar in the Strangers’ Bar. He spoke often in the chamber, and never hesitated to rebel against the party line if it conflicted with his personal views. The subjects on which he voted against the Blair government included the Iraq war, the privatisation of National Air Traffic Services, the establishment of foundation hospitals and the introduction of student tuition fees. He had joined the leftwing Tribune group when first elected for Stockport North in February 1974, defeating the sitting Tory MP by 203 votes. In his maiden speech the following month, he briskly set out his expectations for the newly elected Labour government. As a Labour councillor on Oldham borough council for the previous decade, he was only too familiar with local housing problems and rehearsed the need for an urgent improvement in the quantity and quality of the nation’s housing stock, much as his successors are articulating in the current Commons. In 1998, in another policy area where he correctly anticipated a significant problem, he drew attention to the failure of Ofwat, the water industry regulator, adequately to oblige the water companies to repair and invest in the infrastructure. After boundary changes in 1983, Bennett became MP for Denton and Reddish, a new constituency containing some parts of his former seat. He stood down as an MP in 2005 and was succeeded by his former constituency aide, Andrew Gwynne, now MP for Gorton and Denton. Born in Barton upon Irwell, a suburb of Salford, he was the son of William Bennett, a local government officer, and Elma (nee Francis), a schoolteacher. He was educated at Kings Road primary school, Stretford, and William Hulme’s grammar school, Whalley Range. Having graduated in economics, politics and sociology at Birmingham University, he became a teacher in 1961 at Mooreclose, Middleton, in Manchester, and in 1969 head of geography at Roch Valley comprehensive school, Rochdale, until his election to parliament. He married Gillian Lawley, a folklorist whom he had first met aged 16, in 1961. Gillian died in 2023 and he is survived by their children, Kate, Matthew and Lee, by seven grandchildren and by Bronwen. • Andrew Francis Bennett, politician and teacher, born 9 March 1939; died 15 December 2024
The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss ended the benchmark index’s three-day winning streak. The Dow Jones Industrial Average added 0.1% and the Nasdaq composite fell 0.1%. Trading volume was lighter than usual as US markets reopened following the Christmas holiday. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.2%. Meta Platforms fell 0.7%, and Amazon and Netflix each fell 0.9%. Tesla was among the biggest decliners in the S&P 500, finishing 1.8% lower. Some tech companies fared better. Chip company Broadcom rose 2.4%, Micron Technology added 0.6% and Adobe gained 0.5%. Health care stocks were a bright spot. CVS Health rose 1.5% and Walgreens Boots Alliance added 5.3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3%, Ross Stores added 2.3%, Best Buy rose 2.9% and Dollar Tree gained 3.8%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. US-listed shares in Honda and Nissan rose 4.1% and 16.4% respectively. The Japanese car makers announced earlier this week that the two companies are in talks to combine. All told, the S&P 500 fell 2.45 points to 6,037.59. The Dow added 28.77 points to 43,325.80. The Nasdaq fell 10.77 points to close at 20,020.36. Wall Street also got a labour market update. US applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years, the Labour Department reported. Treasury yields mostly fell in the bond market. The yield on the 10-year Treasury slipped to 4.58% from 4.59% late on Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar.