Media roundup: Remembering Lisa Ronson, Alan Jones friend and former producer speak out, Radio turmoil in Brisbane, Newspaper readership warsThe Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria, Suzuki Hideo, has described the Dangote Refinery and Petrochemicals complex as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global stage. This was contained in a statement issued on Sunday by the Chief Communication and Branding Officer, Dangote Industries Limited, Anthony Chiejina. According to the statement, the Dangote Group also reiterated that its petroleum products are in demand worldwide, as it expands its polypropylene section to reduce Nigeria’s reliance on imported polypropylene, a crucial material used in packaging, textiles, and the automotive manufacturing industries. The Japanese delegation, which toured the impressive facilities housing both the Dangote Petroleum Refinery and Petrochemicals as well as Dangote Fertilisers, commended the state-of-the-art technology on display. According to the stated, the delegation noted that it reinforces Nigeria’s role as the gateway to Africa. Managing Director of the Japan External Trade Organisation (JETRO), Takashi Oku, remarked that while Nigeria remains the gateway to Africa, the Dangote Refinery stands as a remarkable project that showcases the country’s technological progress. He added that the facility, as the world’s largest single-train refinery, is a point of immense pride for Nigeria. The statement explained that JETRO is Japan’s governmental organisation for trade and investment. “We had heard about the excellence of the Dangote Refinery through the media but seeing it in person has left us truly amazed by its vastness and grandeur. “It demonstrates that Nigeria’s population is not only growing but also advancing in technology. We are keen to collaborate with Nigerian companies, especially Dangote Refinery,” he said. Emphasising that the refinery has bolstered Nigeria’s leading position in Africa, he further noted that the facility serves as an ideal introduction to the country for the global community. Managing Director of Itochu Nigeria Limited, Masahiro Tsuno, also praised the sheer size and automation of the Dangote Refinery, calling it a miracle and one of the wonders of the world. “I’ve seen many standalone refineries across the globe, including in Vietnam and the Middle East. However, the size of a refinery built by one single investor is probably a miracle in the world. And I’m just actually witnessing a miracle, to be honest, today,” he said. Tsuno indicated that his company would seek collaboration with the refinery across various sectors, including polypropylene and other petroleum products. Commending the ambassador-designate and his team, Vice President of Oil and Gas, Dangote Industries Limited, Devakumar Edwin, explained that the facility is the vision of a Nigerian investor- Aliko Dangote. He added that it was designed and built by Nigerians, and intended to serve the global market. He said that it is a point of pride that a Nigerian company not only designed but also built the world’s largest single-train refinery complex. The statement noted that Dangote Industries Limited, a Nigerian company, acted as the Engineering, Procurement, and Construction (EPC) contractor for the refinery. It added that in the process, cutting-edge technologies from around the world were incorporated to ensure that the facility met the highest standards. Edwin assured the ambassador-designate and the delegation that the company is open to collaboration, always striving to maintain the best possible standards. “Even now, we have a lot of Japanese equipment inside both the refinery and the fertiliser plant. There are significant opportunities for collaboration, as we always seek the latest technology in any business we engage in. For instance, our cement plant laboratory is managed by robots, and we always embrace advanced technology. “With Japan’s focus on technological innovation, there is ample scope for cooperation and for supplying various types of technology,” he said. Edwin also stated that the Dangote Petrochemical project will significantly boost investment in downstream industries, creating substantial value, generating employment, increasing tax revenues, reducing foreign exchange outflows, and contributing to Nigeria’s Gross Domestic Product (GDP). He confirmed that products from the refinery meet international standards and are already being exported globally. “In recent weeks, we’ve exported petrol to Cameroon, Ghana, Angola, and South Africa among others. Diesel has gone all over the world, and jet fuel is being heavily exported to European markets. Our products are already making their mark internationally,” he said. He further stated that by leveraging Africa’s vast crude oil resources to produce refined products locally, the Dangote Group aims to create a virtuous cycle of industrial development, job creation, and economic prosperity.
LAS VEGAS (AP) — Brett Howden scored his 15th goal of the season and Ilya Samsonov stopped 31 shots as the Vegas Golden Knights defeated the Calgary Flames 3-0 on Sunday night. Howden redirected defenseman Alex Pietrangelo’s shot from the top of the slot late in the second period and is now tied with Ivan Barbashev for the team lead in goals. Howden has scored a goal in four of the last five games. Victor Olofsson and Tanner Pearson also scored for the Golden Knights, who have shut out Calgary twice this season, beating them 5-0 on Oct. 28 . Dan Vladar made 34 saves for Calgary. The Golden Knights have now won six straight, the longest active win streak in the NHL, while improving to 25-8-3 on the year. They own a 13-2-1 record against Pacific Division opponents. Calgary (17-12-7) dropped to 4-4-1 against Pacific Division teams. Calgary: The Flames played in their fourth back-to-back set following Saturday’s 3-1 win in San Jose. Calgary is 3-1-0 in game one of a back-to-back scenario and dropped to 1-3-0 in game two of back-to-backs. Vegas: The Golden Knights scored twice in the third period and now boast a league-best plus-30 goal differential in the third period. Spanning the end of the first period and into the second period, the Golden Knights were successful in staving off a Calgary power play, which included a 5-on-3 for roughly a minute after Howden was given a double-minor for a high stick to Jonathan Huberdeau’s head. Samsonov stopped five shots during the entire sequence. 200 — Jack Eichel played in his 200th game as a Golden Knight, while Bruce Cassidy coached his 200th game with Vegas. The Flames host Vancouver on Tuesday. Vegas will host Montreal on Tuesday. AP NHL: https://apnews.com/hub/nhl49ers to sever ties with De’Vondre Campbell after Thursday night walkoutCerity Partners LLC grew its position in HDFC Bank Limited ( NYSE:HDB – Free Report ) by 53.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,710 shares of the bank’s stock after purchasing an additional 22,523 shares during the period. Cerity Partners LLC’s holdings in HDFC Bank were worth $4,048,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently modified their holdings of the company. Baillie Gifford & Co. grew its position in HDFC Bank by 2.3% in the second quarter. Baillie Gifford & Co. now owns 11,533,215 shares of the bank’s stock valued at $741,932,000 after purchasing an additional 263,690 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of HDFC Bank by 1.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,842,870 shares of the bank’s stock valued at $302,970,000 after acquiring an additional 51,736 shares in the last quarter. PineStone Asset Management Inc. increased its position in shares of HDFC Bank by 115.1% in the second quarter. PineStone Asset Management Inc. now owns 4,468,960 shares of the bank’s stock valued at $287,488,000 after acquiring an additional 2,391,343 shares during the last quarter. Millennium Management LLC raised its holdings in HDFC Bank by 18.1% during the second quarter. Millennium Management LLC now owns 2,864,145 shares of the bank’s stock worth $184,250,000 after acquiring an additional 438,750 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in HDFC Bank in the second quarter valued at approximately $166,709,000. 17.61% of the stock is owned by institutional investors and hedge funds. HDFC Bank Stock Performance Shares of HDB stock opened at $66.79 on Friday. The stock has a market cap of $169.13 billion, a P/E ratio of 20.30, a P/E/G ratio of 1.79 and a beta of 0.91. The company has a fifty day moving average price of $63.34 and a two-hundred day moving average price of $61.53. HDFC Bank Limited has a one year low of $52.16 and a one year high of $67.76. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.53 and a quick ratio of 0.53. Wall Street Analysts Forecast Growth Separately, StockNews.com cut HDFC Bank from a “hold” rating to a “sell” rating in a research note on Wednesday. Read Our Latest Analysis on HDFC Bank About HDFC Bank ( Free Report ) HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. Featured Stories Receive News & Ratings for HDFC Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HDFC Bank and related companies with MarketBeat.com's FREE daily email newsletter .
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JERUSALEM (AFP): Prime Minister Benjamin Netanyahu said that Israel would do “everything” to stop Iran from acquiring a nuclear weapon after Iran’s top diplomat warned it could end its ban on developing one if Western sanctions are reimposed. The renewed war of words between the Middle East foes came as Iran prepares to hold key nuclear talks with European governments on Friday which have been overshadowed by their joining with Washington to have Tehran censured by the United Nations atomic watchdog. “I will do everything to prevent it from becoming a nuclear (power), I will use all the resources that can be used,” Netanyahu told Israeli broadcaster Channel 14 in an interview. Israel is the region’s sole, if undeclared, nuclear-armed state. It has long made preventing any rival from matching it its top defence priority. Netanyahu said on Tuesday that the ceasefire that went into effect in Lebanon the following day would allow Israel to focus on Iran. He did not elaborate on what action he envisaged. Iran launched two missile barrages at Israel over the past year in retaliation for the killing of leaders from Hamas and Hezbollah, as well as an Iranian general. Israel responded both times with limited attacks on Iran, most recently bombing several military sites on Oct 26. Last week’s chiding at the International Atomic Energy Agency (IAEA) prompted a defiant response from Tehran, but its officials have since signalled willingness to engage with others ahead of the return of United States President-elect Donald Trump, whose last administration pursued a policy of “maximum pressure” against Iran. CURRENT DOCTRINE “INSUFFICIENT” Iran insists on its right to nuclear energy for peaceful purposes, but according to the IAEA, it is the only non-nuclear-weapon state enriching uranium to 60 per cent. In an interview with The Guardian newspaper, published on the eve of Iran’s talks with Britain, France and Germany, Foreign Minister Abbas Araghchi warned that frustration in Tehran over unmet commitments, such as lifting sanctions, was fuelling debate over whether the country should alter its nuclear policy. “We have no intention to go further than 60 per cent for the time being, and this is our determination right now,” he told the British daily. But, he added, “there is this debate going on in Iran, and mostly among the elites ... whether we should change our nuclear doctrine” as so far it has proven to be “insufficient in practice”. A 2015 nuclear deal between Tehran and major powers aimed to give Iran relief from crippling Western sanctions in exchange for limiting its nuclear programme to prevent it from developing a weapons capability. Tehran has consistently denied any such ambition. Supreme leader Ayatollah Ali Khamenei, who has the final authority in Iran’s decision-making, has issued a religious decree, or fatwa, prohibiting atomic weapons. Tehran’s willingness to sit down with the three European governments so soon after the censure comes just weeks before Trump is set to return to the White House. During his first term, Trump focused on reimposing heavy sanctions on Iran following his administration’s unilateral withdrawal from the 2015 deal three years after it was agreed. In retaliation for the US withdrawal, Tehran reduced its compliance with the deal, raising its uranium enrichment levels to 60 per cent – closer to the 90 per cent required for a nuclear bomb. “FRANK EXCHANGE” Under the 2015 accord – which will expire in October 2025 – Iran’s enrichment was capped at 3.67 per cent. Iranian diplomat Majid Takht-Ravanchi, who serves as the political deputy to Araghchi, is scheduled to represent Iran in Friday’s talks. On Thursday he and deputy foreign minister for legal and international affairs Kazem Gharibabadi met with Enrique Mora, deputy secretary general of the European Union’s foreign affairs arm. Mora said on X that they held a “frank exchange ... on Iran’s military support to Russia that has to stop, the nuclear issue that needs a diplomatic solution, regional tensions (important to avoid further escalation from all sides) and human rights”. Last week, the 35-nation board of governors of the IAEA adopted a resolution proposed by Britain, France, Germany and the US condemning Iran for its lack of cooperation on nuclear issues. Iran described the move as “politically motivated” and in response announced the launch of “new advanced centrifuges” designed to increase its stockpile of enriched uranium. For Tehran, the goal of the talks on Friday is to avoid a “double disaster” scenario, in which it would face renewed pressures from both Trump and European governments, according to political analyst Mostafa Shirmohammadi. He noted that Iran’s support among European governments had been eroded by allegations it offered military assistance for Russia’s invasion of Ukraine. Iran has denied these accusations and hopes to mend relations with Europe, while also maintaining a firm stance.
ST. PAUL, Minn. (AP) — Josh Norris broke a tie on a power play with 7:18 left, Leevi Merilainen made 30 saves in his fifth NHL game and the Ottawa Senators beat the Minnesota Wild 3-1 on Sunday night. Ottawa has won seven of its past nine games, while the Wild have lost five of their past seven. The Senators won in Minnesota for the first time since 2016. With starter Linus Ullmark and backup Anton Forsberg out with injuries, the Senators have been relying on Merilainen and Mads Sogaard since before the NHL holiday break. Frederick Gaudreau opened the scoring for Minnesota late in the first period. Ridly Greig tied it early in the second. Claude Giroux added an empty-netter. Senators: A team that finds itself surprisingly in a playoff position after missing the postseason the past six seasons topped a Western Conference contender in Minnesota. Norris has been a big part of the Senators' surge and now ranks second on the team with 14 goals. Wild: A lower-body injury kept Kirill Kaprizov out of his second straight game, but Joel Eriksson Ek returned after missing 11 games with a lower-body injury. The Wild are 17-5-4 with Eriksson Ek in the lineup and 5-6-0 without him. The Wild killed one penalty midway through the third, but Jared Spurgeon went to the box seconds later on a holding call. Norris scored on the power play. The Senators’ nine-game trip continues Thursday at Dallas night. The Wild host Nashville on Tuesday night. AP NHL: https://apnews.com/hub/nhlPresident-elect wants to turn the lights out on daylight saving time. In a post on his social media site Friday, Trump said his party would try to end the practice when he returns to office. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t! Daylight Saving Time is inconvenient, and very costly to our Nation,” he wrote. Setting clocks forward one hour in the spring and back an hour in the fall is intended to maximize daylight during summer months, but has long been subject to scrutiny. Daylight saving time was first adopted as a wartime measure in 1942. Lawmakers have occasionally proposed getting rid of the time change altogether. The most prominent recent attempt, a now-stalled bipartisan bill named the , had proposed making daylight saving time permanent. The measure was , whom Trump has tapped to helm the State Department. “Changing the clock twice a year is outdated and unnecessary,” Republican Sen. Rick Scott of Florida said as the Senate voted in favor of the measure. Health experts have said that lawmakers have it backward and that standard time should be made permanent. , including the American Medical Association and American Academy of Sleep Medicine, have said that it’s time to do away with time switches and that sticking with standard time aligns better with the sun — and human biology. do not observe daylight saving time. For those that do, the date that clocks are changed varies, creating a complicated tapestry of changing time differences. Arizona and Hawaii don’t change their clocks at all.
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